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This work presents the optimal resource allocation within a E economy with n goods, I consumers and q producers. For the given economy, it is determined a competition equilibrium with public goods and its Pareto optimum is verified. Two types for financing the public goods production also proposed.
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Improving the performance of public sector is the goal that is high on the policy agenda in almost all industrialized countries. Policy makers in individual countries are increasingly aware of the need to know how they are doing relative to the competition. But, the measuring public performance...
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Local public administration from all European countries has as one of the most important principle the decentralisation mentioned by the fundamental law, sometimes. The researchers in local finances and local governments have defined this principle with different words. The aim of all local...
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uncertain results, in my opinion there is no distinction between an efficient management and a good management of the risk …. Considering that risk attitude of the manager is a determinant of his behaviour, an important goal in management is to understand … influence over the decision behaviour in risk contexts. …
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hypothesis in the Romanian financial market case; 2) a critical distinction between the concept of "risk" and the concept of … "incertitude"; 3) the use of the individual yield/risk ratio versus the market one as a selection variable; 4) the renouncement at … disfunctions, there is a possibility to build an "optimal" portfolio based on a yield-risk arbitrage inside an efficiency frontier …
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