The paper presents a model of two countries competing for the international pool of talented students from the rest of the world. To relax tuition-fee competition, countries differentiate their education systems in equilibrium, albeit inefficiently. One country offers high educational quality at...

Purpose: Scheduling a fleet of product tankers in a cost effective and robust way to satisfy orders is a complex task. A variety of constraints and preferences complicate this attempt. Manual solutions as common in tramp shipping are not sufficient to deliver optimal and robust schedules....