The assumption that markets are positive linear structures moving toward stable fixed-point equilibria is not supproted by empirical investigations.This note reformulates the purest and the simplestof all Walrasian models, i. e.,a pure exchange economy, and shows that even such a simple market...

Abstract — The construction industry is still plagued by poor quality, poor workmanship, poor safety and health environment, and poor practices. The current main problem in the Malaysian Construction Industry is delayed projects under the Ninth Malaysia Plan. The idea of introducing formal...

Stress tests of financial institutions are becoming more common in the midst of a global recession and unpredictable future economic growth. We believe that apart from banks, stress tests can be conducted on hospitals as well and will have their merit. The proposed methodology for risk...

Optimism bias is a consistent feature associated with truck toll forecasts, à la Standard & Poor’s and the NCHRP synthesis reports. Given the persistent problem, two major sources of this bias are explored. In particular, the ignorance of operating cost as a demand-side factor and lack of...

Traceability of food products and particularly meats is increasingly advocated as a means to provide consumer confidence in credence attributes (e.g., range fed, organic, country of origin) as well as for improved quality control. In the case of food safety, where there are failures in testing...

This paper analysis the disparities between Romanian Counties regarding the spatio-temporal evolution of rural population access to sanitation services for pre-accession period (2003-2006) and the first two years since Romania is part of the EU-27 (2007-2008) highlighting positive or negative...

The paper aims to mapping the potential vulnerable areas to illegal dumping of household waste from rural areas in the extra- Carpathian region of Neamț County. These areas are ordinary in the proximity of built-up areas and buffers areas of 1km were delimited for every locality. Based on...

This paper proposes a performance assessment method (PAM) at urban scale, based on five specific waste indicators such as: population access to waste collection services (%),separate collection (%), reuse & recycle (%), landfilling (%) and amounts of waste uncollected (Qwu-%). Values of each...

Sanitation services still not fully cover the urban population and this leads to different types of pollution and affects the urban landscape. This paper aims a geographical approach by highlighting territorial disparities in the Romanian counties regarding the urban population access to waste...

Landfilling prevails in waste management options in Romania like others new EU members, being contrary to the concept of waste hierarchy promoted in recent years by EC. Waste disposal is done usually in non-compliant landfills and Government established a program to close these sites. This paper...