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This paper presents a methodology for the incorporation of poverty related concepts into the goal programming paradigm …. The concepts of poverty line, absolute poverty and relative poverty are discussed in the context of their potential usage … in the field of Operations Research. The synergy between goal programming and poverty lines is examined. Two additional …
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A dynamic economy with markets of equities and bonds is considered. The rational expectations equilibrium is defined in an asset pricing model and a condition under which the Modigliani-Miller theorem holds is shown. In an aggregate model the existence of a rational expectations equilibrium is...
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This paper investigates the growth impact of Information and Communication Technologies (ICT) in an economy consisting of three sectors: ICT-producing, ICT-using, and non-ICT-using. The ICT progress causes falling prices of the consumption and intermediates produced by the ICT-using sector,...
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