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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.
Persistent link: https://www.econbiz.de/10005154476
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...
Persistent link: https://www.econbiz.de/10005668983
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...
Persistent link: https://www.econbiz.de/10005581583
Persistent link: https://www.econbiz.de/10013179190
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. …
Persistent link: https://www.econbiz.de/10005200656
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 …
Persistent link: https://www.econbiz.de/10005087850
to take over the structure of the rating in the investment of portfolio for a good profitability but with a higher risk. …
Persistent link: https://www.econbiz.de/10005154550
every credit is implying a less known aspect, as it is the subject of running a number of risks. The credit risk does exist … below is emphasizing a number of aspects concerning the management of the credit risk (i.e. the non-payment risk, the … exposure risk, the recovery risk). …
Persistent link: https://www.econbiz.de/10005154563
field of risk decision-making, especially for firms’ activity in the marketplace. …
Persistent link: https://www.econbiz.de/10005154578
The importance and increasing role of Internet in nowadays business area are officially recognized. No matter the industry a company is operating in, the distribution channels include direct sales through Internet. Following this idea, also the insurance companies decided to sell their insurance...
Persistent link: https://www.econbiz.de/10009416647