The present paper contributes to the theoretical analysis of the human capital investment and participation decision of heterogeneous workers in the search and matching framework‎. ‎Its aim is to characterize the equilibrium and to identify the efficiency‎. ‎Here‎, the paper studies search equilibrium and matching to consider the participation decision of heterogeneous workers who have differen...

This paper discusses about the solution of fuzzy Volterra integral equation of first-kind (F-VIE1) using spectral method. The parametric form of fuzzy driving term is applied for F-VIE1, then three classifications for (F-VIE1) are searched to solve them. These classifications are considered based on the interval sign of the kernel. The Gauss-Legendre points and Legendre weights for arithmetics ...

Abstract Wineries in the “old world” export almost 40% of their production. This study analyzes influence vertical and horizontal networks on performance. We draw a sample 183 Spanish wineries examine main independent variables using two-step Heckman model. find positive effects and—at somewhat lower level—downstream (JEL Classifications: L66, M16, Q13)

In a previous essay, we developed a simple (in)efficiency measure for matrix games. We now address the difficulties encountered in assessing the usefulness and accuracy of such a measure. JEL Classifications: C63, C72, D61

We show that for any mechanism there exists an equivalent dominant strategy incentive compatible mechanism for social choice environments with correlated types when agent’s matrix of conditional probabilities satisfies the full rank condition. JEL classifications: D82

An overview is given of the utilization of strategic market games in the development of a game theory based theory of money and financial institutions. JEL Classifications: C72, C73, E44

We consider the generalized integrable fifth order nonlinear Korteweg-de Vries (fKdV) equation. The extended Tanh method has been used rigorously, by computational program MAPLE, for solving this fifth order nonlinear partial differential equation. The general solutions of the fKdV equation are formed considering an ansatz of the solution in terms of tanh. Then, in particular, some exact soluti...

It is common to note that social environment and cultural formation shape mental disorders. The details of this claim are, however, not well understood. The paper takes a look at the claim that culture has an impact on psychiatry from the perspective of metaphysics and the philosophy of science. Its aim is to offer, in a general fashion, partial explications of some significant versions of the ...

The purpose of this study is to provide a casual model to explain the effect of relationship quality on customer loyalty via mediating effect which night provided by customer satisfaction. The proposed casual model of three variables is developed. Structure equation modelling is conducted to explore customer group homogeneously and examine the mediating effect. The results indicate that relatio...

This study extends the dynamic conditional correlation model to allow day-specific correlations of shocks across international stock markets. The properties of the resulting periodic dynamic conditional correlation (PDCC) model are examined, with the model then applied to study the intra-week interactions between six developed European stock markets and the US over the period 1993 2005. We find...