In this paper a macro- economic model in the area of monetary policy game theory is extended to one-sided dismissal rules concerning observed nominal output and inflation targets for the central banker. These rules specify ...

The classic economic order quantity inventory model assumes that all items received from a seller are perfect in quality. Payment for the items is presumed made at the inventory cycle’s start, when the materials are received. ...

Brand associations affect image and one source of brand association is a company’s reputation. While the relationship between a positive corporate reputation and operational performance is intuitively appealing, there has ...

The price determinants of gold are explained in this paper. Benefits from holding gold as an investment class asset in several forms, including ETFs are explored. Disadvantages of holding various gold investments are ...

This paper develops a labor-based model where a worker chooses between not only work and leisure, as the traditional labor models have argued, but rather between labor, leisure and the purchase of insurance. The model ...

This study develops an equation allowing family businesses to have an optimal board structure in terms of size and composition through a dynamic mathematical modelling technique. The project- or product-type, growth ...