In this paper, we investigate a manpower planning problem with single employee type over a long planning horizon. The dynamic demand for manpower must be fulfilled by allocating enough number of employees and each employee has a minimal employment period. A cost objective is concerned where the...

Purpose The global performance of industrial robots partly depends on the properties of drive system consisting of motor inertia, gearbox inertia, etc. This paper aims to deal with the problem of optimization of global dynamic performance for robotic drive system selected from available...

Copula as an effective way of modeling dependence has become more or less a standard tool in risk management, and a wide range of applications of copula models appear in the literature of economics, econometrics, insurance, finance, etc. How to estimate and test a copula plays an important role...

When jumps are present in the price dynamics of the underlying asset, the market is no longer complete, and a more general pricing framework than the risk-neutral valuation is needed. Using Monte Carlo simulation, we investigate the important diffrence between risk- neutral and physical jumps in...

This paper discusses existing problems in protecting rights and interests of land-expropriated farmers during urbanization, such as those farmers failure to obtain benefits from land increment, difficult employment and imperfect social security system. Reasons for losses of farmers’...

Purpose – The purpose of this paper is to investigate the determinants of capital structure using a cross-section sample of 1,481 non-financial firms listed on the Chinese stock exchanges in 2011. Design/methodology/approach – Employing four leverage measures (total leverage and long-term...