this paper presents an analytic procedure for the value added to different production levels with different policy options. the approach is stochastic and thus provides a framework for informed decision-making on productivity growth under uncertainty conditions. the model was applied to data collected from a firm and re-sults recommend that the firm should redevelop if in diversification and sy...

Nature never gives anything to anyone; everything is sold. lt is only in the abstractions of ideals that choice comes without consequences.

The project ‘Security of eGovernment systems’ aimed at assisting policymakers in discerning policy options for meeting future challenges in securing eGovernment systems. The project focused on upcoming challenges of eGovernment security in delivering public services across borders. Through identifying key security barriers and enablers, the project points to promising avenues of policy developm...

in nigeria, the government is implementing the free maternal and child health care programme (fmchcp). the policy is premised on the notion that financial barriers are one of the most important constraints to equitable access and use of skilled maternal and child healthcare. in ebonyi state, southeastern nigeria the fmchcp is experiencing implementation challenges including: inadequate human re...

In Nigeria, the government is implementing the Free Maternal and Child Health Care Programme (FMCHCP). The policy is premised on the notion that financial barriers are one of the most important constraints to equitable access and use of skilled maternal and child healthcare. In Ebonyi State, Southeastern Nigeria the FMCHCP is experiencing implementation challenges including: inadequate human re...

In the climate change issue, the environmental irreversibility (risk of an acceleration of mitigation policies if the worse happen) has to be balanced with the investment irreversibility (risk of over-cautious policies). To explore this balance, we define an option value for a precautionary climate policy. Using the simplest decision-making model, we expose how option value relates to the expec...

We analyse the interaction between dividend policy and investment decision in a growth opportunity of a liquidity constrained firm. This leads us to study a mixed singular control/optimal stopping problem for a diffusion that we solve quasi-explicitly establishing connections with two auxiliary optimal stopping problems. We characterize situations where it is optimal to postpone dividend distri...