This paper is aimed to explore theoretically the complexities and the reality in the policy making process from the point of view causality relationships among the components or actors within the system.The complexities' exploration in the paper is based on the model of the policy cycle that is...

This research offers an alternative of stock liquidity measurement using average value of ask/bid (AVA/AVB) adjusted its average inter arrival rate in Jakarta Stocks Exchange (JSX) with daily transaction data from March 2006 until August 2006. Base on the measurement from this empirical study,...