A model is developed which allocates an available budget to research alternatives subject to budgetary constraints on both organizational and technical entities. The solution algorithm is based on the out-of-kilter minimum cost network flow algorithm and is programmed for use in a time-share,...

The applied research resource allocation decision process in a complex, hierarchical federal organization is explored in this paper. This decision process includes the identification of research objectives and the funding of projects selected to achieve the objectives. The hierarchical,...

This paper studies the effects of monetary policy rules in a fiscal federation, such as the European Union. The focus of the analysis is the interaction between the fiscal policy of member countries (regions) and the monetary authority. Each of the countries structures its fiscal policy...