Recently, supercritical fluid extraction (SFE) has been indicated to be utilized as part of a biorefinery, rather than as a stand-alone technology, since besides extracting added value compounds selectively it has been shown to have a positive effect on the downstream processing of biomass. To this extent, this work evaluates economically the encouraging experimental results regarding the use o...

This article develops a socio-economic model that analyzes the doping decision of professional athletes. In their evaluation of whether to use performance enhancing drugs athletes consider not only costs and benefits (through rank improvement) but also approval by their fellow athletes. Peergroup approval is modeled as a lagged endogenous variable depending on the share of doping athletes in th...

In recent years auctions have become more and more important in the field of multiagent systems as useful mechanisms for resource allocation and task assignment. In many cases the Vickrey (second-price sealed-bid) auction is used as a protocol that prescribes how the individual agents have to interact in order to come to an agreement. We show that the Vickrey auction, despite its theoretical be...

Several researchers—most notably Lennart Sjoberg and his colleagues—have proposed that the moral aspects of risk provide a better explanation of risk perception than the psychometric paradigm or Cultural Theory, neither of which accounts for moral concerns. This study is possibly the first to assess empirically the perception of the risks and benefits of a transgenic food crop—transgenic Bt (Ba...

The paper at hand presents findings of a surveyand case study based investigation of using innovative Web2.0 technologies in the software development process of global companies. While the empirical study shows that adoption rates are already quite high, the satisfaction with using Web2.0 technologies and the resulting success highly depend on the adoption speed as well as on the mastery of spe...

The paper at hand presents findings of a surveyand case study based investigation of using innovative Web2.0 collaboration and knowledge management technologies in the software development process of global companies. While the empirical study shows that adoption rates are already considerably high, the satisfaction with using Web2.0 technologies and the resulting success highly depend on the a...

E-Learning is the fastest and inexpensive source of information today. Thousands of the people today are using electronic gadgets for accessing E-Books, Notes, News, Stocks, Entertainment and Education. E-Learning, Now a day is getting popularity because of its unlimited benefits. A person, sitting anywhere around the globe can access EResources from his home provided he doesn’t have disability...

We analyze how to value future costs and benefits when they must be discounted relative to the present. We introduce the subject for the nonspecialist and take into account the randomness of the economic evolution by studying the discount function of three widely used processes for the dynamics of interest rates: Ornstein-Uhlenbeck, Feller, and log-normal. Besides obtaining exact expressions fo...

Benefits represent one of the largest investments a company makes in its talent. However, our tendency can be to design, deliver and communicate benefits programs independently, without fully considering how those programs fit within a bigger picture of total rewards. Sure, we need to manage and execute individual benefit programs--but not at the expense of getting a real return on our more sig...