the position of financial organization would be increasingly decisive in the next decade in view of the frightening competition. with the increasing number of businesses and growing competitions today, each organization wants to be the customer’s first choice and try to satisfy them for getting loyalty for their future endurance in the market.  however, it is open to ask whether the organizatio...

Metabolic rate reduction has been considered the mechanism by which sleep conserves energy, similar to torpor or hibernation. This mechanism of energy savings is in conflict with the known upregulation (compared to wake) of diverse functions during sleep and neglects a potential role in energy conservation for partitioning of biological operations by behavioral state. Indeed, energy savings as ...

In this chapter, we describe in somewhat more depth the complexities of how lean production affects the manufacturing function. We look at both major process changes and enabling tools. We provide specific examples of lean implementation efforts and the savings that resulted. The companies that participated in this study demonstrated many lean pilot projects where savings were achieved in manuf...

The joint assumptions of quasi-hyperbolic discounting and imperfect capital market lead to non-convexities in selves’ objective functions that may imply discontinuous equilibrium strategies. If this property was early recognized, authors generally take assumptions on parameters that allow to avoid the problem. In contrast to the literature, I choose to give a full characterization of these stra...

We consider a formal approach to comparative risk aversion and applies it to intertemporal choice models. This allows us to ask whether standard classes of utility functions, such as those inspired by Kihlstrom and Mirman (1974), Selden (1978), Epstein and Zin (1989) and Quiggin (1982) are well-ordered in terms of risk aversion. Moreover, opting for this model-free approach allows us to establi...

The paper analyzes the dynamic properties of the neoclassical one-sector growth model with di!erential savings in the sense of Kaldor}Pasinetti. The economy exhibits unstable steady states and #uctuations if the income distribution varies su$ciently and if shareholders save more than workers. The paper analyzes in detail the dynamics for the case with a "xed proportions technology as well as wi...

We analyze different optimization strategies for real-time energy management in building systems. We have found that exploiting building-wide multivariable interactions between CO2, humidity, pressure, occupancy, and temperature leads to significant reductions of energy intensity. Our analysis indicates that it is possible to obtain energy savings of more than 50% compared with traditional cont...

We consider a formal approach to comparative risk aversion and applies it to intertemporal choice models. This allows us to ask whether standard classes of utility functions, such as those inspired by Kihlstrom and Mirman (1974), Selden (1978), Epstein and Zin (1989) and Quiggin (1982) are well-ordered in terms of risk aversion. Moreover, opting for this model-free approach allows us to establi...