While most economists usually believe that privatization policy is socially beneficial, it faces increasing opposition in several countries. In this paper we wish to discover the ingredients in a recipe for privatization discontent. To do so we focus on Latin America, where there is wide...

In relation to social project appraisal in EU countries, governments should try to agree on a single generally preferred method of discounting. Consistency of approach should result in the application of similar discount rates by countries. Before 2003, the use of different methods resulted in...

This paper studies the economic determinants of the inter-sectoral allocation of skills within an R&Dbased growth model with human capital accumulation. I find that steady-state growth is driven only by incentives to accumulate skills and is independent of scale effects. In the model imperfect...

The paper shows that privatisation can contribute to the decrease of net public debt, but at the same time can decrease the Public Sector Net Worth. This is defined as the difference between public sector assets and liabilities. The UK in the 1980s and 1990s is an example of parallelism between...

In this paper we introduce generalized definitions of Peano and Riemann derivatives in order to obtain second order optimality conditions for vector optimization problems involving C1,1 data.

The main aim of that paper is to rethinking the connections between complexity and management provoking questions among managers and entrepreneurs, moreover between specialists about consolidated practices of control, governance and predictability. Which compatibility of those practices with...

Alliances between competitors in which established firms provide access to proprietary resources, e.g. their distribution channels, are important business practices. We analyze a market where an established firm, firm A, produces a product of well-known quality, and a firm with an unknown brand,...

In order to confront the problems of art marketing, the economist must trod on aesthetic terrain, and become concerned with all of the epistemological, aesthetic, critical and pedagogical aspects connected with the consumption of art. He can do it professionally, without invading others' fields,...

The assessment of the technical, economic and financial quality of programmes and projects is one of the day-to-day activities at the European Investment Bank (EIB). The paper explains how this task is approached within the EIB, how some of the tools of cost-benefit analysis are employed, and...

In a society's managing core quantitative marketing has a central role. Specific use of mathematic techniques integrated with made-for softwares is a resource no manager can ignore before getting into strategic decisions concerning whatever field of a product's study or promotion. Managing to...