Abstract The milk addiction paradox refers to an empirical finding in which consumption of non-addictive commodities such as appears be consistent with the theory rational addiction. This paradoxical result seems more likely when is persistent and aggregate data. Using both simulated real data, we show that disappears estimating data using AR(1) linear specification describes saddle-path soluti...

Abstract This paper presents the development of a model how to assign LNG carriers from single source number scattered small-scale power plants in milk-run operation strategy. Typically, researchers assume that ports/terminals be visited are as given parameters. In this paper, specifications (infrastructures) considered consequence selected carriers. The objective is determine optimum size and ...