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the first case has often been dealt with by aggregation of individual production functions into a macro production … dependent variable. Construction of a composite (macro) output function is at least partly motivated by the inability of the … without constructing a composite macro production function or an output transformation function. We use nonlinear least …
Persistent link: https://www.econbiz.de/10005789630
The measurement of economies no longer by GDP alone, but by an Index that includes other important factors as well, a Social factors relativized GDP. Social factors relativized GDP: GDP – GDP x GINI = K_Index Written differently: (1 – GINI) x GDP = K_Index Inflation indexed Version: (1 –...
Persistent link: https://www.econbiz.de/10011258559
This paper not only recommends means whereby principal-agent problems could be addressed, but also considers various … external auditor’s expertise to address principal agent problems, it draws attention to the audit committee’s roles, both as a …
Persistent link: https://www.econbiz.de/10011260501
There are many processes on Internet, on web servers, in ERP and company running an e-commerce system which can be influenced by disturbances. In order to minimize their impact it is necessary to identify and collect all disturbances, to determine their evaluation metric and to propose necessary...
Persistent link: https://www.econbiz.de/10008596391
Contemporary economic development in following global markets advancement evokes needs to look for new methods supporting all processes enabling domestic and foreign business activities. Internet and e-commerce systems exploitation is considered to be a standard here. Various modeling techniques...
Persistent link: https://www.econbiz.de/10008549604
Management science is based on the idea of an economic agent who seeks to maximise his personal interest, i.e. the so …
Persistent link: https://www.econbiz.de/10005031414
Enterprise modeling is an abstract definition of processes running in enterprise using process, value, data and resource models. There are two perspectives of business modeling: process perspective and value chain perspective. Both have some advantages and disadvantages. This paper proposes a...
Persistent link: https://www.econbiz.de/10008567968
Abstract The transaction cost approach can be used as a tool for studying the political institutions which engage in sharing of power and responsibilities. This paper makes an attempt to present an analytical framework of governance structure in the Autonomous Councils in the two hills districts...
Persistent link: https://www.econbiz.de/10009021721
This paper not only recommends means whereby principal-agent problems could be addressed, but also considers various … external auditor’s expertise to address principal agent problems, it draws attention to the audit committee’s roles, both as a …
Persistent link: https://www.econbiz.de/10008805823
As well as consolidating on the existing literature on fair value accounting, by way of reference to jurisdictional analyses which include a focus on China, Japan, Brazil, and South Africa, this paper not only highlights why there is need for a re-think of the use of fair values as the primary...
Persistent link: https://www.econbiz.de/10011107937