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In this paper, we describe the modeling of a resource-dependent economy, namely, Southeast Alaska, in monitoring the impact of federal, state and local government taxing and spending activities on the region. An important part of the modeling effort is construction of a readily accessible...
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In the 1995 issue of the Journal of Cooperatives, Trechter and King reported findings from a survey of managerial compensation practices in Minnesota and Wisconsin cooperatives that was conducted in 1993. The results from that study indicated that overall compensation and bonuses received by...
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Invention possibilities are reformulated using research processes which have a cost and different implications for rates and biases of technical change. In the comparative static model a firm has the choice to build a plant of existing design or to improve it by research. The firm maximizes...
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