Competitive Market

The relation between the Faustmann model and “a forestry of prices” as a concept of thought was examined. At first, the meaning of the Faustmann model in economic sciences is the explanation of allocation and distribution by prices. The rotation age determination plays a secondary role only. Secondly, “a forestry of prices” as an application of the “free to choose” way of thinking is explained. The concept allows us to understand how individuals of anonymous groups achieve forest sustainability and provide forest environmental goods. Thirdly, the relation between the Faustmann model and “a forestry of prices” is discussed. For this purpose, the Faustmann model is described as a scientific laboratory. It helps us to observe how equilibrium arises as a non-intended result of individual welfare maximization in anonymous interactions. And conversely with the help of “a forestry of prices”, we understand also that the individual maximization approach of the Faustmann model re-enacts the unintended interaction situations in anonymous group. With help of the Faustmann model, we can understand deep aspects of “a forestry of prices”. Vice versa, “a forestry of prices” shows the meaning of the formal solutions of the Faustmann model.

Driven by an increasingly competitive market, companies add features and compress schedules for the delivery of every product, often creating a complete mismatch of requirements and resources that results in products failing to satisfy customer needs. Triage is the process of determining which requirements a product should satisfy given the time and resources available. The author presents three product development case studies and 14 recommendations for practicing this neglected art.

The relation between the Faustmann model and‘‘a forestry of prices’’ as a concept of thought was examined.  At  first,  the  meaning  of  the  Faustmann  model  in economic  sciences  is  the  explanation  of  allocation  and distribution by prices. The rotation age determination plays a secondary role only. Secondly, ‘‘a forestry of prices’’ asan application of the ‘‘free to choose’’ way of thinking is explained. The concept allows us to understand how individuals of anonymous groups achieve forest sustainability and  provide  forest  environmental  goods.  Thirdly,  the relation between the Faustmann model and ‘‘a forestry of prices’’  is  discussed.  For  this  purpose,  the  Faustmann model is described as a scientific laboratory. It helps us to observe how equilibrium arises as a non-intended result of individual  welfare  maximization  in  anonymous  interactions. And conversely with the help of ‘‘a forestry of prices’’, we understand also that the individual maximization approach of the Faustmann model re-enacts the unintended interaction  situations  in  anonymous  group.  With  help  of the Faustmann model, we can understand deep aspects of‘‘a  forestry  of  prices’’.  Viceversa,  ‘‘a  forestry  of  prices’’shows  the  meaning  of  the  formal  solutions  of  the  Faust-mann model.

Available from: https://www.researchgate.net/publication/225625734_The_Faustmann_model_as_a_model_for_a_forestry_of_prices [accessed Jul 10, 2016].

This paper considers the historical origins and efficacy of enforcement of civil court judgments, with a special focus on court auctions. It reviews the procedural and practical options available to courts and associated agencies for the identification of assets that may be used to satisfy a judgment debt and the processes for court-supervised asset seizure and sale by public auction. The efficiencies of public court auction processes are considered, including the elements of enforcement systems that can produce sub-optimal returns on sold assets and higher incentives for corrupt practices. Also considered is the trend in some systems for greater use of private agents as a means by which the cost of court enforcement processes can be reduced and for overcoming sometimes lengthy delays in enforcement. The paper concludes by identifying alternatives to public auction that in some cases can offer better prospects of assuring full payment of a judgment debt.

The diagnostic trade integration study (DTIS) update identifies the trade related constraints holding back Malawi from diversifying and deepening its production base, and increasing trade. The DTIS update identifies and quantifies specific trade costs that determine the availability and price of inputs and the ability of producers to get their products to regional and international markets. The report focuses on tariff policies, regulatory issues impacting on trade, trade facilitation and logistics, and policies affecting agricultural trade and trade in services. Recognizing that the (enhanced) integrated framework and the DTIS (including the 2003 DTIS for Malawi) have not been effective in addressing many of the broader issues requiring large-scale physical investments in most countries, this DTIS update focuses on specific trade related policy and regulatory issues within the mandate and policy space of the ministry of trade and the national implementation unit or similar implemen...

Nowadays, organizations face with a highly competitive market, needing information and knowledge as an intelligent support for the management of their business. In this context, correct dissemination of Information and Communication Technology (ICT) may be a manner to obtain competitive advantages. For that, it is needed management practices that optimize ICT benefits to the organization. This study will explain an

This literature review first explains and criticizes different models for discrimination on the labor market. It then examines quantitative measures and econometrics methods for empirical applications of these models, with a final focus on a practical experiment.

Undergraduate paper in Econometrics.

Abstract: Although Kenya's financial system is by far the largest and most developed in East Africa and its stability has improved significantly over the past years, many challenges remain. This paper assesses the stability, efficiency, and outreach of Kenya's banking system, using aggregate, bank-level, and survey data. Banks' asset quality and liquidity positions have improved, making the system more resistant to shocks, and interest rate spreads have declined, in part due to reduction in the overhead costs of foreign banks. ...

This paper begins by offering a framework for understanding how different influences or ‘levers’ affect costs and revenues and uses examples to explain how the framework can be applied as a decision-making tool. It then uses three brief case studies (Bank of Kathmandu [BoK] in Nepal, XacBank in Mongolia, and Sparkassen in Germany) to illustrate the many influences that determine a business case. Finally, it offers suggestions for practitioners and policy makers.

This note provides a general background of the main features of labor regulation in the Middle East and North Africa (MENA) and benchmarks them against international best practices. The note compiles information on available labor laws and other legal acts concerning employment protection regulation. Within the broader scope of labor regulation, and in order to assure regional comparability, information collected focuses on key issues in the labor law associated with commencing or terminating employment and during the period of employment (including maternity benefits). The main sources the data are the World Bank doing business 2010 and International Labour Organisation (ILO) databank. This note is a tool to provide policymakers and international organizations with a regional diagnose of how labor regulation affects labor market outcomes in MENA and inform client governments about strategic approaches to employment creation through labor policy and reform. This activity comes as a ...

This document consists of an Annotated Reading List (ARL) of the body of knowledge (BoK) and narratives that identify key topics and themes. The BoK literature includes decisions and publications by regulatory agencies and other governmental bodies; policy advisories by think tanks, consultants, donor agencies, and others; and research by academics, consultants, and other experts. Following this Introduction is a note on references, which includes a list of references that are cited numerous times, a list of useful references that can be hard to obtain and so are not cited in the ARL, and a list of useful, technical economic texts. Following that note is the ARL reference list itself with narratives. The ARL is organized into chapters to provide structure to the topics and subtopics. The chapters in this document have different lengths, but these lengths are not intended to imply relative importance. This paper includes the following chapters: general concepts; market structure and ...

Abstract: Although Kenya's financial system is by far the largest and most developed in East Africa and its stability has improved significantly over the past years, many challenges remain. This paper assesses the stability, efficiency, and outreach of Kenya's banking system, using aggregate, bank-level, and survey data. Banks' asset quality and liquidity positions have improved, making the system more resistant to shocks, and interest rate spreads have declined, in part due to reduction in the overhead costs of foreign banks. ...