Suppliers have experienced unexpected consequences for their businesses due to changing situations for their important customers. Such events may also occur at short notice, at least when it comes to necessary and radical decisions. Often suppliers are not aware of the full extent of these...

The Stockholm – Arlanda airport rail link is a public-private build-operate-transfer project (sometimes referred to as PPP), opened for traffic in late 1999. At the time of decision in 1993, the project was seen as a role model for funding rail infrastructure; it infused private money into the...

In this paper it is argued that the mechanistic framework allows only a very limited understanding of organizational rationality and that the concept of organizational rationality needs serious reconsideration, based on the assumption that theoretical understanding and articulation are the...

We consider forecast combination and, indirectly, model selection for VAR models when there is uncertainty about which variables to include in the model in addition to the forecast variables. The key dierence from traditional Bayesian variable selection is that we also allow for uncertainty...

Validity in contingent valuation (CV) is often tested through the sensitivity of estimated willingness to pay (WTP) to the size or quality of a good or service (‘more is better’ and near proportionality). We investigate the performance of two communication aids (a flexible community analogy...

Abstract <p> This paper introduces age-based population heterogeneity in the Mankiw, Romer, and Weil (1992)model to improve measurement of aggregate labor and aggregate human capital. The estimation results are consistent with this model, and they indicate a hump-shaped and quantitatively important...</p>

Kenya has ascribed to the Millennium Declaration and is already in the process of mobilising resources and instituting measures to achieve Millennium Development Goals (MDGs). A MDGs status report on Kenya indicates that progress has been made towards achieving the goal of universal primary...

This paper analyzes the effects of the Israeli closure policy on the Palestinian wage earnings. <p> The study decomposes the effect on the average daily wages, days worked, and employment. <p> It also illuminates the distributional impacts on different groups in the economy with respect <p> to potential...</p></p></p>

In some countries, like Sweden, regulatory reform of monopoly industries such as telecom and mail went ahead without much consideration to how competition would affect the universal provision of services. <p> This paper reviews issues that ought to be considered in the process of shaping a...</p>

Previous research on the willingness to pay (WTP) for risk reductions has almost systematically found the mean WTP for public risk reductions to be, both economically and statistically, significantly smaller than the mean WTP for private risk reductions. In this paper, we use socio-economic and...