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The Optimal Consumption of a Depletable Natural Resource: An Elaboration, Correction and Extension
Natural Resource Elaboration
2015/9/18
Weinstein and Zeckhauser^ have shown that the competitive rate
of extraction of a resource of known extent is socially optimal and the
monopolistic rate of extraction generally suhoptimal, hut that ...
The Value of Advice:Evidence from Mobile Phone-Based Agricultural Extension
Management Practices and Processes Performance Productivity Agribusiness Mobile Technology
2015/4/27
Attempts to explain the astonishing differences in agricultural productivity around the world typically focus on farm size, farmer risk aversion, and credit constraints, with an emphasis on how they m...
China’s Economic Restructuring and Extension of China’s Middle East Strategy
One Belt and One Road” Strategy China’s Economy
2015/8/20
Joint construction of “the Silk Road Economic Belt” and “the Maritime Silk Road of the 21st Century” is not only the objective requirement of China’s further economic development and its deepening ref...
Extension theorems for linear operators on $L_\infty$ and application to price systems
linear operators equivalent martingale measures price systems
2011/3/23
In an $L_\infty$-framework, we present a few extension theorems for linear operators. We focus the attention on majorant preserving and sandwich preserving types of extensions. These results are then ...
An extension of Davis and Lo's contagion model
credit risk contagion model dependent defaults default distribution exchangeability
2010/10/29
firms which may default directly or may be infected by other defaulting firms (a domino effect being also possible). The spontaneous default without external influence and the infections are described...
Geometric extension of put-call symmetry in the multiasset setting
Geometric extension symmetry multiasset setting
2010/12/20
In this paper we show how to relate European call and put options on multiple assets to certain convex bodies called lift zonoids. Based on this, geometric properties can be translated into economic ...
The price of bond and European option on bond without credit risk. Classical look and its quantum extension
price bond European option credit risk Classical look quantum extension
2010/12/17
In this paper we compare two classical one-factor diffusion models which are used to model the term structure of interest rates. One of them is based on the Wiener-Bachelier process while the second o...
The need of information and extension service for the countryside and its development (the opinions of local actors)
extension service information local actor group discussion accessibility of rural areas
2014/3/10
The article starts with the theoretical definitions of various concepts (rural space, endogenous approach to the rural development, the actor operating in the particular locality for its development)....