This paper constructs an economic analysis of some organ donation organizations. The two main examples are voluntary marrow donor registries and cord blood banks. The main characteristic of this system is to facilitate the graft of bone marrow or cord blood to patients. These grafts require a...

This paper develops a probabilistic model for organ donation organizations. The two main examples are voluntary marrow donor registries and cord blood banks. The main characteristic of this system is to facilitate the graft of bone marrow or cord blood to patients. These grafts require a high...

This paper develops a novel methodology to study robust stability properties of Nash equilibrium points in dynamic games. Small-gain techniques in modern mathematical control theory are used for the first time to derive conditions guaranteeing uniqueness and global asymptotic stability of Nash...

Standard Data Envelopment Analysis (DEA) approach is used to evaluate the efficiency of DMUs and treats its internal structures as a “black box”. The aim of this paper is twofold. The first task is to survey and classify supply chain DEA models which investigate these internal structures....

Exploitation of non–renewable resources is an intensively studied field of environmental economics in the last century. Since the influential Hotelling’s paper a huge progress is made in the depletable resources literature. Although a variety of methodologies is used in that problem’s...

In this paper we propose to address the issue of monetary economic models that can be used as teaching materials for courses in higher mathematics degree. Specifically, this work is based on a paper by Robert Barro and David Gordon (1983) which models the behavior of a closed economy, with a...

This paper highlights connections between the discrete and continuous approaches to optimal auction design with single and multi-dimensional types. We provide an interpretaion of an optimal auction design problem in terms of a linear program that is an instance of a parametric shortest path...

The thesis of this paper is mathematical formulation of the laws of Economics with application of the principle of Least Action of classical mechanics. This paper is proposed as the rigorous mathematical approach to Economics provided by the fundamental principle of the physical science – the...

We distinguish between (i) voting systems in which voters can rank candidates and (ii) those in which they can grade candidates, such as approval voting, in which voters can give two grades—approve (1) or not approve (0)—to candidates. While two grades rule out a discrepancy between the...

Markets for natural resources and commodities are often oligopolistic. In these markets, production capacities are key for strategic interaction between the oligopolists. We analyze how different market structures influence oligopolistic capacity investments and thereby affect supply, prices and...