The arrow-of-time phenomena are everywhere in the physical world, biological systems, and human society. Despite its great importance in physics, the second law of thermodynamics can only successfully explain small percentages of these arrow-of-time phenomena in the physical world, and generally...

Two types of auction were introduced on the Internet a few years ago and have rapidly been gaining widespread popularity. In both auctions, players compete for an exogenously determined prize by independently choosing an integer in some finite and common strategy space specified by the...

This study has been conducted in 2007 to show how the loans provided by Asian Development Bank (ADB) are utilized in NWFP. The analysis has been confined to the loan named 1373 PAK(SF) disbursed for books procurement to different technical institutions of the province under Technical Education...

It is ascertained that the theorem of proportionality, which maintains that replacement investment is a constant proportion of the outstanding capital stock, has several fundamental shortcomings. It derives from a model founded on assumptions that are highly restrictive and unlikely to hold in...

Number of regions in Papua have increased significantly as a result of the creation of new sub-national administration or pemekaran. There were 36 regions (kabupaten/kota) in this island; meanwhile in 1996 there were only 13 regions. There are several controversies regarding to pemekaran in...

Decentralisation is invariably among the recommendations that international organisations such as the World Bank make for an enhancement of social provisions, and particularly a better targeting of social assistance regimes, in Eastern and Central Europe. However, theoretical literature as wel...

Roefie Hueting (1929), recently turned 78 years of age, has been working on the subject of economics and the environment since around 1965. Seminal results are his notion of environmental functions (WWF, 1969), his Ph.D. thesis “New Scarcity and Economic Growth. More welfare through less...