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services. More and more people and organizations are now in a position to design market rules that are being implemented in … software. The design of markets is challenging as it needs to consider strategic behavior of market participants, psychological … factors, and computational problems in order to implement the objectives of a designer. Market models in economics have not …
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We propose a new method for measuring how far away banks are from complying with a multi-ratio regulatory framework. We suggest measuring the efforts a bank has to make to reach compliance as an additional portfolio which is derived from a microeconomic banking model. This compliance portfolio...
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A new basis for an international poverty measurement is proposed based on linear programming for specifying the least cost diet and explicit budgeting for non-food spending. This approach is superior to the World Bank’s '$-a-day' line because it is (1) clearly related to survival and well...
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