The development of knowledge requires investment, which may be made in terms of financial resources or time. Open source software (OSS) has challenged much of the traditional reasoning by suggesting that individuals behave altruistically and contribute to a public good, despite the opportunity...

This study assesses the potential cost-effectiveness of incentive payment programs relative to traditional top-down regulatory programs for biological conservation. We develop site-level estimates of the opportunity cost and the nonmonetized biological benefits of protecting biodiversity...

Using the ECHP, we explored the determinants of having the first child in Spain. Our main goal was to study the relation between female wages and the decision to enter motherhood. Since the offered wage of non-working women is not observed, we estimate it and impute a potential wage to each...

Forest management aims at building ecological networks that minimize the impacts on timber production. We formalize the construction of ecological networks in forest environments as the optimal control dynamic graph-theoretic problem. The ecological network is based on a set of bioreserves and...

Generating companies use the maintenance cost function as the sole or main objective for creating the maintenance schedule of power generators. Usually only maintenance activities related costs are considered to derive the cost function. However, in deregulated markets, maintenance related costs...

Radio spectrum represents a scarce resource assigned to operators by national regulatory authorities through auctions, beauty contests or other mechanisms, aimed at introducing sufficient incentives for an optimal use of such a resource. A prerequisite for designing efficient assignment methods...

This paper is mainly concerned with weighted average measures of the social discount rate, where the components of the average are the marginal productivity of investment (measured by its gross-of-tax rate of return), and the marginal rate of time preference (measured by the net-of-tax yield of...

In the context of present day economy characterized by continuous change, enterprises are forced to make a series of modernizations in order to improve technology, to access various market niches, to satisfy clients’ demands. Consequently, enterprises invest annually substantial financial...

В статье предлагается усовершенствовать понятийный аппарат политической экономии путем рассмотрения в терминах альтернативных издержек отношения между...