This paper gives an overview of some issues related to market aluation, focusing on the developments on the New York equity markets. The 42.4 p.c. fall in the S&P 500 price index between 24 March 2000 - when it reached its all-time high - and 31 December 2002 is situated in a very long term...

Within a public environment in which accountability is at the forefront, an important evaluation question is how to document the economic value of innovation-related outputs and outcomes from intramural research relative to the cost of funding an intramural research programme. In this paper, we...

This paper presents a modelling framework for Airline Competition Analysis and Demand Modelling (ACADM). The framework adopts a micro-simulation approach in which airline service capacity and passenger demand are represented at the finest disaggregate level. The main contribution of this...

The US Army is a complex organisation. Financial integration and full auditability have remained objectives for years. This paper presents an architecture-driven approach for achieving financial integration as the Army is implementing new business solutions in many areas. We describe the...

US Foreign Direct Investment (FDI) outflows are examined with respect to the level of corruption -- in the form of bribery -- in 42 recipient countries over a five-year period. Analysis indicates that US firms are less likely to invest in countries where bribery, as measured by the Corruption...

The Washington State Department of Natural Resources (DNR) uses the Washington Administrative Code (WAC) as the regulations by which the agency manages public lands for Washington State. Originally written in 1970, the part of the WAC that guides recreational public access was suitable for its...

The US healthcare system is experiencing a funding shortfall that constrains efforts to provide healthcare to our citizens. Patients are no longer sure they will receive adequate healthcare during their senior years. One solution is to create an annuity at birth for each individual. This annuity...

This paper looks at the impact on Australia’s trade in crops (non-wheat grains and oilseeds) where GM technology has been introduced. The model includes assumptions about the productivity gains of GM crops, possible consumer responses and regulatory costs for Australia and its major trading...