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unemployment in West Germany could be equalized better (with variance 3.50 against the actual 4.40) and with a simultaneous … decrease in the average unemployment in West Germany from 7.45 to 7.28%. In East Germany all regions are eligible, implying no …
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The NP-hard nature of cardinality constrained mean-variance portfolio optimization problems has led to a variety of different algorithms with varying degrees of success in reaching optimality given limited computational resources and under the presence of strict time constraints in practice. The...
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When a disaster strikes an area, often international assistance is requested to help responding to and recovering from the disaster. The response is often characterized by the dispatch of relief items to the affected regions via depots from Humanitarian Logistics Service Providers (HLSPs). One...
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the production technology, and equilibrium wage and matching functions using tools from optimal transport theory. Given …
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communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
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Should automation be regulated? This paper studies optimal tax of robot and regulation of automation. A job assignment model is embedded into a Mirrleesian tax problem. A task may either be assigned to the robot or one type of labors, which naturally determines the automation rate. The robot can...
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