Dynamic optimization problems cover a great class of problems in theoretical and applied economics and technology. In this account the exploitation of a general renewable capital stock is modeled through an alternative ...

This paper analyzes the claim, made by both academics and by industry insiders, that vessels speed up under conditions of high freight rates and low bunker prices. The rationale for the claim is that a ship should move ...

With the present (2020) tally rules, the number of seats in the Bundestag is highly volatile. In 2017 it got 709 seats, 111 of them extra-ordinary. The tally rules may double the influence of a voter who splits the vote; ...

In an MMP election (Mixed Member Proportional) of a legislature, a QP-ballot supports party Q in a single-seat constituency and a list of candidates from P. With ꙍ(j) constituency seats won and list support in z(Pj) ballots, ...

Traditionally, most applications in the initial stage of forest supply chain deal with sawlogs to sawmills, pulpwood to pulp or paper mills and forest residues to heating plants. However, in the past decades, soaring ...

In this paper we propose a modified gravity model that takes into account that a population generally consists of heterogeneous groups, and we suggest a new statistical test for heterogeneity. We apply our new model to two ...

In this paper we develop a discrete-time model of jointly managed fisheries. Most modern real world fisheries are shared or jointly exploited and are under some kind of regulation. The regulatory part of the fishery in ...

Monetary policy implementation is one of the most significant areas of interaction between central banking and financial markets. Historically, how this interaction takes place has been viewed as having an important impact ...