This article constructs a tri-sector economic growth model that includes agriculture, manufacturing, and the service industry to investigate the process of economic structural transformation from the perspective of consumption preferences. This article views changing the preference structure as...

Escalation of commitment is a common and costly problem among information system projects. Although the potential of de-escalation of commitment to failing courses of action has been much heralded, many de-escalation efforts may result in failure due to constituencies biasing facts in the...

There is an “erosion effect” of R&D on human capital accumulation. This paper develops an economic growth model with endogenous technological progress and human capital accumulation, and emphasizes there are two characterizations in R&D process, which are that R&D process requires human...

In this study, an economic growth model that includes both developed and less-developed regions was constructed and the relationships between the interregional migration of human capital, regional economic disparities and aggregate economic growth were investigated. In the two regions, human...