This paper investigates wage and employment determination by a group of workers or union and a …rm, making use of the techniques of non-cooperative bargaining. Previous analyses have examined wage determination with an arti…cial restriction that employment is determined either before or after wage determination has occurred. Here, employment determination is made part of the bargaining process....

This paper presents a model of shadow banking in which the shadow and the traditional banking systems share a symbiotic relationship. The analysis shows that competition with an opaque and fragile shadow bank can bene…t the traditional bank, especially when the traditional bank faces liquidity risk stemming from collective actions by investors, such as runs. The opacity and fragility of the sha...

The BATMobile [1] is one approach to the implementation of a system capable of driving autonomously in normal highway tra c. As with human drivers, the BATMobile would be a superior driver if it were able to make predictions about the actions of other drivers, e ectively giving it the ability to respond before such actions even occur. The ability to predict driver behavior would also be helpful...

We provide a context semantics for Multiplicative-Additive Linear Logic (MALL), together with proofnets whose reduction preserves semantics, where proofnet reduction is equated with cut-elimination on MALL sequents. The results extend the program of Gonthier, Abadi, and Lévy, who provided a “geometry of optimal λ-reduction” (context semantics) for λ-calculus and Multiplicative-Exponential Linea...

The Indian retail industry continues its growth trajectory on to 2011. India has emerged as the hottest retail destination. Most of the organized retailing in India has started recently and is concentrating mainly in metropolitan cities. The growth of Indian organized retail market is mainly due to the change in the consumer behavior. This change has come in the consumer due to the increased in...

<p>Tujuan dari penelitian ini adalah untuk menganalisis pengaruh lingkungan kerja terhadap kepuasan masyarakat, dan teknologi informasi masyarakat di Mal Layanan Umum Kota Palopo. Penelitian dirancang sebagai deskriptif eksplanatori dengan pendekatan kuantitatif. Sampel 100 orang yang berkunjung ke Mall Teknik analisis data dalam teknik statistik inferensial yaitu structural equation mode...

An endogenous growth model of human capital accumulation with a private alternative to public education is studied. Public education is tax ...nanced and determined endogenously through a voting process. A tension between private consumers, who do not want to contribute to public education, and public consumers who want relatively large contributions is identi...ed. Public education consumers e...