Management of the Mediterranean demersal stocks has proven challenging mainly due to the multi-species character of the fisheries. In the present work, we focus on the multi-species demersal fisheries of the Aegean Sea (eastern Mediterranean) aiming to study the effects of different management measures on the main commercial stocks, as well as to explore the economic viability of the fisheries ...

The Ramsey model of economic growth is revisited from the point of view of viability compared to optimality. A viable state is a state from which there exists at least one trajectory in capital, consumption, and reproduction that remains in the set of constraints of minimal consumption and positive wealth. There exists a largest set of viable states, including all others, called the viability k...

Ongoing regulatory reforms have led to several novel spectrum sharing models under the general umbrella of dynamic spectrum sharing. The private commons model introduced by FCC in 2004 allows spectrum licensees to provide secondary access to spectrum on an opportunistic basis while retaining ownership. Since wireless communication systems are typically overprovisioned in order to deliver servic...

OBJECTIVES In view of concerns expressed by South African local authorities the aim of this study was to develop a model to determine whether water fluoridation is economically viable to reduce dental caries in South Africa. METHODS Microsoft Excel software was used to develop a model to determine economic viability of water fluoridation for 17 water providers from all nine South African prov...

This paper examines the economics of magnetic fusion power generation, makes comparisons with other generation sources, and draws attention to some key issues. For other generation sources, the data presented are drawn from published references, but specific studies have been made for magnetic confinement systems. The magnetic fusion costs are benchmarked by comparison with those for ITER, sinc...

While the innovation and technology is modernizing the industry at rapid pace, the electrical power system is lagging behind the race and is being maintained in the same way for decades. Although the smart grid has ensured demand-response, reduction in transmission and distribution losses, and minimized theft, the inherent characteristic of enormous data generation has become a biggest concern....

Many transition policies, based on neoclassical economics, failed in Eastern Europe, Former Soviet Union, and China. The paper argues that the failure is due to the viability assumption of the neoclassical economics. The neoclassical economics implicitly assumes a firm to be able to earn a socially acceptable profit in an open, competitive market if the firm has a normal management. However, ma...

4}} INTRODUCTION 1.1 Background. The major challenges facing Kenya today are poverty and unemployment. About 50% of the rural population and 30% of the urban population live below the poverty line. With 80% of the population being rural the poverty problem is overwhelming. The country has been unable to generate adequate employment and wage employment has been declining over the recent past. Wh...

The potential for both economic and technological growth offered by networked systems have attracted the attention of researchers and entrepreneurs, and allowed for convergence of ideas from various fields like computer science, economics, and operations research. As the demand for data continues to rise and new Internet protocols and technologies are invented to meet these growing needs, the r...