Lobbying is often represented as a common agency game. Common agency games typically have multiple equilibria. One class of equilibria, called truthful, has been identified by Bernheim and Whinston [Quarterly Journal of Economics 1986;101(1):1–31]. In this paper, we identify another class of equilibria, which we call natural, in which each principal offers a positive contribution on at most one...

Most aeolian sediment transport models and experiments have been conducted on flat horizontal surfaces. Very little numerical or analytical research has been carried out for aeolian sand transport on slopes. The current work presents numerical modelling of saltating sand for a climbing dune which has a slope angle of 20”. The model utilised wind fields predicted from the FAA complex terrain mod...

Flow boiling in a straight\ rectangular channel was investigated to explore the conditions leading to critical heat ~ux "CHF#[ The ~ow channel had a 4[9×1[4 mm cross!section and 090[5 mm heated length^ heat was applied to the shorter dimension along only one wall[ Tests were performed with FC!61 liquid over a velocity range of 9[14 to 09 m s and at outlet subcoolings of 2\ 05 and 18>C[ Video im...

Purpose The paper aims to disentangle the physiological credit risk from coming inefficient screening and monitoring management process. analysis is conducted on a sample of 338 Italian banks–56 joint-stock banks (SpA), 23 cooperative (Popolari) 259 mutual (BCCs)–over time period 2006–2017. Design/methodology/approach authors use maximum likelihood method estimate efficient frontier, as set bes...

introduction: establishing improvement in every organization requires assessment of organizational performance, planning and goal-setting to improve the performance. despite remarkable progresses occurred in recent years on designing the frameworks and performance evaluation systems, many organizations still rely on traditional criteria. therefore, according to the importance of performance eva...