This paper extends interplanetary trade theory to an interstellar setting. It is chiefly concerned with the following question: how should interest charges on goods in transit be computed when the goods travel at close to the speed of light? This is a problem because the time taken in transit will appear less to an observer travelling with the goods than to a stationary observer. A solution is ...

1 Aim of This research is a Strategic analysis of seaports using multiple-criteria decision-making methods. At first, the strengths, weaknesses, opportunities and threats of Iranian seaports has been extracted from literature. Then, with respect to the importance concluded from LIKRET questionnaire distributed between experts (taking the views of the experts and specialist), five high importanc...

In a seminal paper, McAfee (1992) presented the first dominant strategy truthful mechanism for double auction. His mechanism attains nearly optimal gain-from-trade when the market is sufficiently large. However, his mechanism may leave money on the table, since the price paid by the buyers may be higher than the price paid to the sellers. This money is included in the gain-from-trade and in som...

Tari¤ Concessions in a Preferential Trade Agreement (PTA) are likely to divert trade from non-participating countries. Consequently, their welfare will deteriorate if the tari¤ rates of the incumbents remain the same. In a general equilibrium framework with multiple goods and multiple regions, this paper clari...es the determinants of the trade diversion. Similarity between the excess supply st...

Majority of the million plus cities in India are facing serious problems of traffic congestion and pollution due to the unprecedented and rapid pace of urbanization in last decade. City planners are providing solution to these twin problems by developing Mass Rapid Transit System including Metro and BRT in many Indian Metropolitan cities. The availability of transit network and pedestrian acces...

The actual bus headway often deviates from the planned departure frequency because of external factors, such as traffic conditions and public transport demand, leading to transit resource waste and reducing the quality of service. In view of the existing shortcomings of the current dispatching strategy, a mixed integer programming model, integrating a bus-holding and stop-skipping strategy, is ...

We study the ever more integrated and ever more unbalanced trade relationships between European countries. To better capture the complexity of economic networks, we propose two global measures that assess the trade integration and the trade imbalances of the European countries. These measures are the network (or indirect) counterparts to traditional (or direct) measures such as the trade-to-GDP...

To achieve greater transit-time reduction and improvement in reliability of transport services, there is an increasing need to assist transport planners in understanding the value of punctuality; i.e. the potential improvements, not only to service quality and the consumer but also to the actual profitability of the service. In order for this to be achieved, it is important to understand the ne...

Urban rail transit (URT) is closely related to the sustainable development of city. In addition traffic improvements, it also brings social and economic benefits. From perspective sustainability, we discuss effect urban on financing constraints companies listed China A-share stock market (A-share, common stocks issued by registered in for domestic institutions, organizations or individuals subs...