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Utility from consumption might be spoiled by the degradation of the environment. The incorporation of a direct dependency of utility on the state of the environment through environmental concern and the incorporation of the effects of production pollution and rehabilitative investment on the...

Any discussion of the viability of works councils in the Australian context needs to examine their operation in Europe, where they have a reasonably substantial history and have become an established part of the industrial relation infrastructure. In recent years, works councils have also...

An organ transplantation rule is constructed with a special reference to the controversial procedure of transplantation of lung sections from living donors to cystic fibrosis patients. The rule indicates the minimum probability of success required for transplantation and how it is related to a...

The dramatic rise of the Australian Labor Party (ALP) as the single largest electoral force in the country between 1890 and 1910 has traditionally been associated with the mobilisation of the votes of the urban and mining working class. However, this paper argues that, in fact, the ALP relied...

This paper examines the major sources of economic growth in Iran using annual time series data (1960 to 2003). The time series properties of the data are analysed by Perron’s innovational outlier and additive outlier models. The empirical results based these models show that there is not...

Elementary economics textbooks have become less attractive to students requiring only an introduction to economics, given that their content is pervaded by mathematical diagrams and simple equations. Also they are of relatively little value to those interested in, for example, attempting to gain...

This paper investigates the impact of the Australia-New Zealand Closer Economic Relations (CER) Trade Agreement on bilateral trade of each member country by using historical time series data before and after the implementation of the CER. We determined the existence of endogenously determined...

A health-risking illegal personal service is transacted when the expected extra satisfaction rate exceeds the ratio of the expected extra cost to the legal service price. Its prevalence decreases with the costs of risk bearing for the providers and clients. Law-enforcement effort lowers (raises)...