Purpose – Study of the interdependence among economies is of considerable importance. This area includes issues such as the increasing importance of regional economic interactions, the effects of economic growth and recession in the advanced economies on emerging market countries, and...

We present a parallel algorithm that computes the ask and bid prices of an American option when proportional transaction costs apply to the trading of the underlying asset. The algorithm computes the prices on recombining binomial trees, and is designed for modern multi-core processors. Although...

The crisis in Greece and other mainly southern Eurozone countries has been discussed primarily as a fiscal issue. Current account deficits of the same countries have received less attention in spite of the relatedness of current account and fiscal deficits. We argue that the failure of many...

Many countries are worried about reducing energy consumption and environmental pollution while increasing the productivity and efficiency of their industries. This study intends to contribute to the literature by proposing a non-radial DEA model with the slacks-based measure (SBM) to analyze the...

Fatty acids as phase change materials have attracted much attention for their various applications in building energy efficiency, solar heating systems and air-conditioning systems. After summarizing the basic characteristics of fatty acids, eutectic mixtures of fatty acids and fatty acid...