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The main objective of this article is to contribute to a better understanding of trust issues within organizations to expand and refine theoretical constructs. Trust is approached in the economic perspective as a social mechanism for management. We seek to understand the role of trust in the...
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This study examined social system failures and sought to identify a plausible mechanism behind these failures. Stretched exponential distributions were observed for failure of marriages in the US, UK, and Germany. In addition, the study provides evidence of power laws in the failure of large...
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Introduction -- Basic Concepts of Valuation -- The Ownership and Objectives of the Firm -- Financial Statements and Financial Ratios -- Opportunity Cost and Investment Criteria -- Internal Rate of Return, Profitability Index and Payback Period Methods -- Risk and Return -- Capital Structure in a...
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This volume includes five self-contained chapters in the fields of public debt and fiscal transfer schemes. After an introduction to the topic, chapter 2 shows that the institutional setting of fiscal policy making needs to be considered when assessing the sustainability of fiscal policy. Using...
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