We study the effi ciency implications of bargaining in frictional capital markets in which firms match bilaterally with dealers in order to buy or sell capital. We show how two of the distinguishing characteristics of capital —ownership and the intertemporal nature of investment —give rise to a dynamic ineffi ciency. Firms that anticipate buying capital in the future overinvest because this inc...

Over 60% Serbian soils are heavy, shallow and acidic, especially in west part of this country. Basically, Serbian fruit production is mainly represented in these conditions which are not favorable for intensive fruit growing. However, repair of these soils is a long and very expensive process. Regarding to this, one of the real ways to overcome this problem faster and cheaper is to grow toleran...

As with the other panellists I have been asked to talk about the challenges that non-banks pose for central bank oversight of payment systems. This is an issue that the Reserve Bank of Australia (RBA) has spent quite a lot of time thinking about recently. As you might be aware, in the late 1990s, the RBA was given specifi c powers by the Australian Parliament to promote the effi ciency and stab...

The internal quantum effi ciency (IQE) of solid-state dye sensitized solar cells (ssDSCs) is measured using a hybrid optical modeling plus absorptance measurement approach which takes into account the parasitic absorption of the hole transport material (HTM). Across device thicknesses of 1 to 4 microns, ssDSCs sensitized with Z907 and TT1 dyes display relatively constant IQEs of approximately 8...

87 0. Take Home Message The effi ciency of energy and protein utilization in the rumen may be improved through the manipulation of microbial population. Antibiotic ionophores have been very successful in improving these effi ciencies, but its use in animal feeds is facing reduced social acceptance. For this reason, other alternatives to control specifi c microbial populations are currently bein...

Background: Education is one of the largest and most complex social sectors that have been negatively affected by Covid-19, which has led to subsequent changes in modes learning teaching many universities around world introducing e-learning platforms. This online method also carried out Hasanuddin University through SIKOLA. Objective: To determine students’ perceptions regarding computer-based ...

The Chief Executive of the Government of Hong Kong Special Administrative Region (HKSAR) has stated in the Policy Address 2008-09 that the Government will promote a low carbon economy in the HKSAR. One of the effective and proven means to achieve this goal is through energy effi ciency enhancement. Incorporation of a district cooling system in the new Kai Tak Development to provide air conditio...

N. Šehić-Mušić, Chamber of Economy of the Federation of B&H, Š. Goletić, Faculty of Mechanical Engineering, University of Zenica, D. Pihura, Bosnia Foundry Association, L. Mušić, Faculty of Political Science, University of Sarajevo, K. Hasanović, European University, Brčko District, B&H Integrating environment development, as the objective of the research in this paper, is to defi ne a model to...

RNA interference studies are based on transfection of short oligonucleotides (siRNAs) into cells and transfection effi ciency is a crucial factor for such experiments. Most conventional transfection methods are suitable for immortalized cell lines, but are not effi cient in primary cells. We performed comparative analysis of transfection methods for siRNA delivery into peripheral blood leukocyt...

Eco-entrepreneurs in developing countries are often subject to market or institutional constraints such as missing markets. Conservation interventions which relax constraints may be both cost-effective and poverty reducing. A simulation using data from an intervention in Madagascar to relax the technological constraints of forest honey production investigates this possibility. Cost-effectively ...