Since the subprime financial crisis, international financial regulatory institutions (Basel, MIFID, Dodd-Frank), have strengthened regulatory requirements on systemically important banks. The Basel Committee on Banking Supervision, and based on the G20 recommendations, has drawn up a reform program to reconfigure the banking system, based mainly on increasing the capital requirement. The progra...

French Polynesia exports more than 90 per cent of its pearl production, making it the world’s largest exporter of Tahitian black pearls. Tahitian black pearl exports are therefore crucial for the Tahitian economy as they accounted for an average of 50 per cent of total export earnings, for the latest data available, for the years 2004, 2005, and 2006. This means that export performance not only...

Marine fisheries are highly complex and stochastic. A simulation model, therefore, is required. Simulation-based optimization utilizes the simulation model in obtaining the objective function values of a particular fishing schedule. The decision support system for fishery management will assist the government agencies and the fishing industry to use sound data and management science techniques ...

Metalworking-fluids (MWFs) perform essential functions to metal-products manufacturing industry. MWFs also have inherent environmental and health liabilities associated to industry. These liabilities viewed as opportunity to reevaluate the functionality of MWFs and improve profitability of operations. Several problems appeared in using of MWFs including biodegradation of constituents. The objec...

As demand increases, airline carriers often increase flight frequencies to meet the larger flow of passengers in their networks, which reduces passengers’ schedule delays and attracts more demand. Focusing on the “network effects”, this paper develops and estimates a structural model of the U.S. airline industry. Compared with previous studies, the model implies higher cost estimates, which see...

1. Background The building industry agrees upon the fact that the construction process is fragmentary, this being probably the main reason for problems with the profitability and the quality of the products. The adoption of Information Technology (IT) has changed the building industry in more than one way. The need of information sharing during the different stages: building design, constructio...

The beef industry continues to change is response to changing consumer demands and increasing competition from other protein sources. However, the foundation of a viable beef industry is effective resource management by cattle producers. Unlike most other agricultural enterprises, beef cow owners must manage their herds to make the most profit from the available resources while ensuring the lon...

Some of the problems for the New Zealand sheep industry over the next decade are outlined, as are the changes necessary to overcome them. The future for the next generation of intensive sheep farmers should be promising if they can co-operate to realise the potential of genetics for flock improvement, be adaptable, overcome the problems of drench resistance and chemical and drug residues, incre...

Regulatory change not seen since the Great Depression swept the U.S. banking industry beginning in the early 1980s, culminating with the Interstate Banking and Branching Efficiency Act of 1994. Significant consolidations have occurred in the banking industry. This paper considers the market-power versus the efficient-structure theories of the positive correlation between banking concentration a...

This paper discusses different mechanisms of subsidy allocation invoked by operation of law. We compare the allocation of subsidies via committees to the allocation of subsidies through the reference principle, which binds public support to performance at the box office. The analysis is embedded in a broadly disposed regression analysis of the determinants of the performance of German movies in...