Purpose: The objective of this research is to reform the current real estate tax system and establish the real estate tax system suitable for China's national conditions. Design/methodology: Based on the necessity of the real estate tax reform, the paper studies the system optimization and its...

The Fed’s Operation Twist (OT) is a variation of conventional open-market operations. However, as an unconventional monetary policy, its transmission mechanism and effectiveness need further exploration. In this paper, a macro-economic system is set up, which not only includes the central...

Business processes design optimization is known as the problem of creating feasible business processes while optimizing their criteria such as resource cost and execution time. In this paper, the authors propose an evolutionary multi-criteria approach based on a modified evolutionary algorithm...

The dimension synthesis problem for parallel robots in general is much more complex than their serial counterparts, due to the strong dependence of geometric parameters and their performances. In dimension synthesis for robots, typical performance characteristics that may be considered to...

We present an analytical dynamic mathematical model and a design optimization of a residential scale combined heat and power system. The mathematical model features a detailed description of the internal combustion engine based on a mean value approach, and simplified sub-models for the throttle...