Showing 1 - 10 of 18
a wild organism with a certain quality at a point in time then it will never use this same organism at a subsequent … point in time. Second, we show that if our PF uses a particular organism with its quality at a point in time then it will co … ntinue to produce the drug with the chemicals from this organism at all later points in time. Third, we show that there is a …
Persistent link: https://www.econbiz.de/10011256729
generally distributed lead time we derive expressions for the service levels for each demand class and the average total cost … per unit time. Efficient solution methods for obtaining optimal policies, with and withoutservice level constraints, are …
Persistent link: https://www.econbiz.de/10011255557
wide variety of time-scales. Given that traffic streams are indeed endowed withLRD properties, a next question is: what is …
Persistent link: https://www.econbiz.de/10011257410
simulation is too time-consuming, and we have to use fastsimulation techniques instead. Due to the exponential decay (in n …
Persistent link: https://www.econbiz.de/10011257416
This paper develops a general-equilibrium model of skill-biased technological change that approximates the observed shifts in the shares of wage and non-wageincome going to the top decile of U.S. households since 1980. Under realistic assumptions, we find that all agents can benefit from the...
Persistent link: https://www.econbiz.de/10011256637
use an analytical framework in which wage differentials result from two types of uncertainty. Quantity uncertainty … originates from imperfect foresight in future product demand. I argue that workers who take over part of the quantity uncertainty … from the employer get higher payments. Quality uncertainty on the other hand originates from the fact that employers are ex …
Persistent link: https://www.econbiz.de/10011256891
This paper analyses the effect of uncertainty on investment spending. We analyse twotypes of investment, i.e. aggregate … investment and investment in energy saving technologies,using subjective evaluations of expectations and uncertainty of Dutch … general investment spending. Furthermore, expectationsand uncertainty have important although different effects on investment …
Persistent link: https://www.econbiz.de/10011257051
data from a representative Dutch household panel to study the impact of uncertainty regarding one's savings adequacy on … economics that provide opposing predictions regarding the impact of uncertainty on retirement savings contributions. Our results … indicate that the effect of uncertainty is moderated by two factors: an individual's perceived adequacy of current savings and …
Persistent link: https://www.econbiz.de/10011257076
of uncertainty on travel times and the implications this has forestimations of travel time values has received much less … thatignoring uncertainty issues may easily lead to distorted estimates of values of travel time. Thisis of special relevance in …The value of travel time plays an important role in cost benefit analysis of infrastructureprojects. However, the issue …
Persistent link: https://www.econbiz.de/10011257109
manager’s long run expected cost (LREC) of orchard management per unit time. Finally, we show that when confronted with a …
Persistent link: https://www.econbiz.de/10011257147