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An NP-hard variant of the single-source Capacitated Facility Location Problem is studied, where each facility is composed of a variable number of fixed-capacity production units. This problem, especially the metric case, has been recently studied in several papers. In this paper, we only...
Persistent link: https://www.econbiz.de/10005021611
In their classic formulations, valid to this day, the issue of self-preservation is foundational for both political science and economics. In order to fixate this concept, the Modern theorists relied upon various assumptions about human nature. Due to the advances of biology and evolutionary...
Persistent link: https://www.econbiz.de/10005021612
We analyze the role of management instruments in the development of collective activity and in the dynamics of organization, recurring to pragmatic and semiotic theories. In dualist representation-based theories (rationalism, cognitivism), instruments are seen as symbolic reflections of...
Persistent link: https://www.econbiz.de/10005021613
The focus of this paper is inference about stochastic and deterministic trends when both types are present. We show that, contrary to asymptotic theory and the existing literature, the parameters of the deterministic components must be taken into account in finite samples. We analyze the...
Persistent link: https://www.econbiz.de/10005021614
This paper analyzes the decision of a migrant to return or stay within the framework of a signaling model with exogenous migratory costs. If employers have only imperfect information about the type of a worker and good workers migrate, bad workers might copy their strategy in order to get the...
Persistent link: https://www.econbiz.de/10005021615
We present a model of market-making in which dealers differ by their current inventory positions and by their preferencing agreements. Under preferencing, dealers receive captive orders that they guarantee to execute at the best price. We show that preferencing raises the inventory holding costs...
Persistent link: https://www.econbiz.de/10005021616
The main aim of Renaissance humanism is to free humanity from the chains of Nature (in the West: Greek or Pagan thought) and God's Will (e.g. Judaism, Christianity, or Islam). This liberation implies that man will totally appropriate his environment and subject it to his will and power in a new...
Persistent link: https://www.econbiz.de/10005021617
Living art organizations present a special interest in a research stressing cognitive processes and development of intangible resources like knowledge and capabilities. In living art organizations, production processes like rehearsals and tunings whose goals are to develop both tacit and...
Persistent link: https://www.econbiz.de/10005021619
This paper analyses the European Central Bank (ECB) monetary policy over the period 1999-2005, both from a qualitative and a quantitative perspective, and compares it with the Federal Reserve Bank. The qualitative approach builds on information conveyed by various speeches of the central bank...
Persistent link: https://www.econbiz.de/10005021620
Starting with the concept of “rational maximizing individual”, a meta-construct with foundational value in economics and, in general, in human sciences, the paper delineates the territory of an ethics of rationality. It does this by taking fulcrum in findings from evolutionary theory, in...
Persistent link: https://www.econbiz.de/10005021621