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This paper has described two broad systems of corporate governance existing in Continental Europe and in the UK.
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We start this paper by an introduction to evolutionary algorithms and to their biological background. We present a survey of the most important evolutionary schemes found in the literature. We then describe niche search, a genetic-based optimisation approach that we have designed and implemented.
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In this paper I consider social choices under uncertainty. I prove that any social choice rule that satisfies independence of irrelevant alternatives, translation invariance, and weak anonymity is consistent with ex post Bayesian utilitarianism.
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In the problems of choosing "aspirations" for coalitional games,we study two axioms, "MW-consistency" and "converse MW-consistency ", introduced by Moldovanu and Winter (1994). We mainly consider two domains: thedomain of all NTU games and the domain of all TU games.
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Recent developments in the econometric estimation of multi-output, multi-inp ut distance functions have provided a promising new solution to the single-output restriction implicit in the standard production function. However, a suspicion that regressor endogeneity may introduce possible sim...
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