The complexity of modern scientific software is an important issue that needs to be addressed as part of an effort to revitalize high end computing (HEC). The complexity arises from both the scientific demands and the increasingly complex computers on which the software is run. We believe that HEC software developers need to be able to use a higher level of abstraction to express their computat...

This paper scrutinizes the recently postulated link between the European Marriage Pattern (EMP) and economic success. A metastudy of the historical demography literature shows that the EMP did not prevail throughout Europe, its three key components did not always coincide, and its more extreme manifestations were associated with economic stagnation rather than growth. There is no evidence that ...

At the outset, the concept of a 'public good' was associated with economic policies. However, it has now evolved not only from a national to a global concept (global public good), but also from a concept applying solely to the production of goods to one encompassing societal issues (education, environment, etc.) and fundamental rights, including the right to health and food. Through their actio...

Electrical energy usage in buildings is a challenging issue because many old were not originally built to achieve efficiency. Thus, retrofitting net-zero can benefit both the owner and electric utilities. In this study, BEC (building code) software was used evaluate aspects of retrofitted compliance with Thailand’s building code building. addition, economic also studied verify feasibility for p...

In the recent recession and current economic recovery, policymakers have supported housing prices, expecting that improvement in the balance sheets of banks and consumers will spur economic activity. Considering the period of 1988 through 2006, we document that banks which are active in strong housing markets increase mortgage lending and decrease commercial lending. Firms that borrow from thes...

Using the Hamilton-Jacobi-Bellman equation, we derive both a Keynes-Ramsey rule and a closed form solution for an optimal consumption-investment problem with labor income. The utility function is unbounded and uncertainty stems from a Poisson process. Our results can be derived because of the proofs presented in the accompanying paper by Sennewald (2006). Additional examples are given which hig...

We focus on investor-state dispute settlement provisions contained in various, though far from all, bilateral investment treaties as a possible determinant of BIT-related effects on bilateral FDI flows. Our estimation results prove to be sensitive to the specification of these provisions as well as the inclusion of transition countries in the sample. Stricter dispute settlement provisions do no...

This paper analyzes dynamic cartel formation and antitrust enforcement when firms operate in demand-related markets. We show that cartel prosecution can have a knock-on effect: desisting a cartel in one market reduces profits and cartel stability and leads to the break-up of the cartel in the adjacent market. Cartel prosecution can also have a waterbed effect: desisting a cartel increases carte...

Most of existing e-Science infrastructure is based on shared, interconnected grids. This approach lowers the bar for access to large-scale computational resources and makes possible the collaboration of geographically dispersed teams. However, it requires a big up-front investment and the acquired resources must be continuously maintained and upgraded. Cloud infrastructures are an alternative s...

This paper analyses tax competition and tax coordination in a model where capital flows occur in the form of mergers and acquisitions, rather than greenfield investment. In this framework, we show that differences in residence based taxes do not necessarily distort international ownership patterns. Moreover, tax competition yields globally efficient levels of source based corporate income taxes...