This article investigates the portfolio choices of homeowners, taking into account the investment constraint introduced by Henderson and Ioannides (1983). This constraint requires housing investment by homeowners to be at least as large as housing consumption. It is shown that when the constraint is binding, the homeowner's optimal portfolio is ineffcient in a mean-variance sense. Thus, portfol...

BACKGROUND We examined the effect of exogenous factor XIII (FXIII) concentrate in patients with prolonged air leak (PAL) after pulmonary lobectomy for non-small cell lung cancer. METHODS We performed a retrospective analysis of 297 patients who underwent pulmonary lobectomy between July 2007 and March 2014: 90 had an air leak on the first postoperative day, which resolved spontaneously within...

Objective: Within the knowledge based economy, talents are known as a strategic talent in order to achieve sustainable competitive advantage as well as a criterion for growth in different organizational and social level. Thus, in recent studies, talent management architecture has emphasized on exploring and identifying talents in different fields. Accordingly, the present study aimed to provide...

By modelling individual’s preference under ambiguity as Choquet integral with respect to a Neo-additive capacity, the paper investigates the e¤ects of ambiguity and agents’ambiguity attitude on the process of economic industrialization.The results are presented with Keynesian ‡avor: Coordinating su¢ cient optimism can create " Big Push " to help the economy to achieve self-ful…lled Pareto-optim...

FriEnt is a Working Group of: Center for International Peace Operations (ZIF) | Church Development Service (EED) | Civil Peace Service Group | Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH | Federal Ministry for Economic Cooperation and Development (BMZ) | Friedrich Ebert Stiftung (FES) | Heinrich-Böll-Foundation (hbs) | Misereor/Catholic Central Agency for Development Aid ...

Standard incentive theory models provide a rich framework for studying informational problems but assume that contracts can be perfectly enforced. This paper studies the design of self-enforced relational contracts. I show that optimal contracts often can take a simple stationary form, but that self-enforcement restricts promised compensation and affects incentive provision. With hidden informa...

One main reason the Great Society never took of} was that its programs were not buttressed by a thorough bargaining process with the appropriate interests. While innovative programs can be "sold" to the voters, a consensus among the myriad interest groups and publics that comprise the American polity. such as supported federal aid to education. is vital if they are to survive. To this end. a me...

In resource-limited mobile computing devices, Bluetooth wireless technology imposes a weighty burden due to inef£cient power utilization and a sluggish device discovery process. Buttressing Bluetooth with Radio Frequency Identi£cation (RFID) technology by performing an operation we call “Rendez-Blue” alleviates these limitations. In the Rendez-Blue process, an RFID signal is used as a cue to “w...

Coarse codes are widely used throughout the brain to encode sensory and motor variables. Methods designed to interpret these codes, such as population vector analysis, are either inefŽcient (the variance of the estimate is much larger than the smallest possible variance) or biologically implausible, like maximum likelihood. Moreover, these methods attempt to compute a scalar or vector estimate ...

Flegel's disea se, also known as hyper ke ra to sis len ti cu la ris pers tans, is a rare skin disea se cha rac te ri zed by small red dish-brown asympto ma tic hyper ke ra to tic papu les usually loca ted on the lower extre mi ties. The his to pa tho lo gi cal fea tu res are hype ror tho ke ra to sis, epi der mal atrophy and band-like inflam ma tory infil tra te in the super fi cial der mis. T...