This article evaluates Herbert A. Simon’s contribution to organization theory, placing special emphasis on the criterion of bounded rationality. Simon’s criticism of the orthodox version of organizational bureaucracy is interpreted and his analysis is extended to institutional economics. One...

This paper is written to show that there is a definite model that has been developed that explains the role of innovation to economic growth. This paper is based on the theorem that was built up in the paper that I wrote in 2007 entitled “Point X and the Economics of Knowledge”, as well as...

This paper employs logistic regression analysis to test a model that predicts the implementation or not of Environmental Management Systems Standards (EMSS) by considering various factors as explanatory variables. The dependent variable is a dichotomous as either implementing or not EMSS by...

While Environmental Management Systems Standards (EMSS) have been advocated by policy makers and consultants on the basis of a number of benefits associated with their implementation some companies are reluctant to implement them. This paper tests four hypotheses with regard to the significance...

The necessity of differentiation within industrial-profile companies, correlated with the high importance granted to environmental problems, have led to the development of new ways of obtaining the competitive advantage ,within the knowledge-based economy. Thus, a new model of investment...

The agriculture is an important resource for South West Oltenia, with over 1 million hectares used for the cultivation of cereals (mainly maize and wheat), oil plants (especially sunflower), vegetables (tomatoes, cabbage, onions) and fruits (apples, watermelons, melons, grapes), potatoes, sugar...

Open dumps was the main option of the local communities in household waste management, this practice being banned after July 16, 2009.The paper examines the correlation between dumpsites volumes, population density and local geographical conditions in the context that in most rural...

Some recent papers by Dell et al. (2009) and Dell et al. (2012) (DJO) relating weather and economic outcomes, have delivered meaningful messages with clear implications to the effects of a changing climate. In a nutshell, the authors claim that a 1°C increase in global average temperatures...

Government agencies lack robust modelling tools to manage the spread of invasive alien species (IAS). In this paper, we combine optimal control and simulation methods with biological invasion spread theory to estimate the type of optimal policy and switching point of control efforts against a...

The natural resources of most developing countries are under increasing stress, and many nations are increasingly concerned about achieving environmental sustainability through efficient use of land and water resources. As population is escalating very fast and consumer demand for high value...