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The role of the dual structure in economic growth is often weakened by the use of neoclassical growth models, resulting in the defect of strong theoretical but weak empirical evidence. We take the labor employment rate as an abstract attribute of the dual stage and construct a growth accounting...
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This dissertation studies yield management, i.e., how to sell a finite stock of perishable assets for maximum revenues. Here the assets can be goods, seats on a scheduled flight and hotel rooms, or capacity of a manufacturing facility. We consider two types of models: dynamic pricing models, in...
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