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We study a selection method for a Nash feedback equilibrium of a one-dimensional linear-quadratic nonzero sum game over an infinite horizon: by introducing a change in the time variable, one obtains an associated game over a finite horizon T 0 and with free terminal state. This associated game...
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We study the Becker and Lewis (1973) quality model of children adding an explicit child care time constraint for parents. They can purchase day car e or take care of the children themselves. Our results are: (i) If there is a combination of purchased and own care, the effect of income on...
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The role of the time factor in management is increasing. Change directs attention to the time factor from the point of … view of the organisation, and management does the same from that of the person. I examined the time management practice of … and hindering the quick reaction of organisations, and what rearrangements can be seen in management work nowadays. …
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