Market-based algorithms have been introduced several years ago (Kurose & Simha, 1989; Waldspurger et al., 1992; Huberman & Hogg, 1995; Clearwater & Huberman, 1994; Clearwater,1995; Wellman, 1993, 1995; Ykke et al., 1997; Ykke, 1998) as a new paradigm for controlling complex, unpredictable systems. In a market-based algorithm, resources or tasks are allocated efficiently through a market-clearin...

Sulfonated polyether ether ketone (SPEEK) is categorized in a nonfluorinated aromatic hydrocarbon proton exchange membrane (PEM) group and considered as a suitable substitute for common per-fluorinated membranes, such as Nafion, due to wider operating temperature, less feed gas crossover, and lower cost. Since modeling results in a better understanding of a phenomenon, in this study a dynamic o...

The paper is devoted to construction of optimal trajectories in the model which balances growth trends of investments in capital and labor efficiency. The model is constructed within the framework of classical approaches of the growth theory. It is based on three production factors: capital, educated labor and useful work. It is assumed that capital and educated labor are invested endogenously,...

Measures of cellular gene expression or behavior, when performed on individual cells, inevitably reveal a diversity of behaviors and outcomes that can correlate with normal or diseased states. For virus infections, the potential diversity of outcomes are pushed to an extreme, where measures of infection reflect features of the specific infecting virus particle, the individual host cell, as well...

This paper quantitatively investigates the sustainability of the universal health insurance coverage (UHI) system in Thailand while taking into account the country's rapidly aging population and large informal labor sector. We examine the effects of population aging and informal employment across three tax options for financing the UHI. A modern dynamic general equilibrium framework is utilized...

This paper proposes a dynamic economic model with physical capital and renewable resources. Different from most of the neoclassical growth models with renewable resources which are based on microeconomic foundation and neglect physical capital accumulation, this study proposes a growth model with dynamics of renewable resources and physical capital accumulation. The model is a synthesis of the ...

The dynamic properties of the optimal growth model are examined, based on a one good and two factor-labor and capital--model with a labor-surplus economy due to a fixed wage rate. If the average capital productivity is higher than the time discount rate which is assumed to be larger than the population growth rate, then the economy reaches the full employment stationary state in a finite amount...