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The Features and Evolution of Cluster Supply Chain Network
(Scientific Research, 2016-10)
Cluster supply chain (CSC) is a special kind of enterprise network with double feature
of cluster and supply chain and is an important channel for enterprises close to
the knowledge, resources, markets, and technologies. ...
Piketty’s Inequality between the Profit and Growth Rates and Its Implications for the Reproduction of Economic Elites
(Scientific Research, 2016-12)
This paper studies, within a growth model, some effects of the inequality between the
profit and growth rates on the reproduction of economic elites. To this end, it considers
as functions of the capital/income ratio the ...
Functional Boundaries as a Tacit Knowledge Sharing Factor and Its Effect on Public Sector Performance in Kenya
(Scientific Research, 2016-04)
Knowledge is a crucial component in the growth of any organization and it forms a significant
fraction of all the resources required for organizational growth. Out of the renowned factors of
production namely land, labor, ...
The Evolution of Pro-Social Behavior and the Role of the Government
(Scientific Research, 2016-12)
This study explores the impact of government intervention on the evolution of cooperation
using a popular framework for understanding cooperative behavior (the
public goods game). Agents either contribute to the production ...
Small Scale Contractors in Africa’s Emerging Markets: The Case of South Africa
(Scientific Research, 2016-10)
In South Africa, the development of Small scale emerging contractors (SSECs) has
become vital to bring about economic prosperity and the government has prioritised
the advancement of SSECs as the vehicle towards achieving ...
Greed Supports Economic Growth But Might Make Us More Miserable
(Scientific Research, 2016-06)
Most economists, who refer to utility as representing wellbeing, do so under the assumption that
utility increases with consumption. In contrast, lately researchers have found evidence that individuals'
wellbeing is by ...
An Elementary Proof That Well-Behaved Utility Functions Exist
(Scientific Research, 2016-06)
Starting from an intuitive and constructive approach for countable domains, and combining this
with elementary measure theory, we obtain an upper semi-continuous utility function based on
outer measure. Whenever preferences ...
Megaprojects, Complexity, and Investment Decisions
(Scientific Research, 2016-04)
The need for basic infrastructure for economic development in developing countries has made
megaprojects popular, in such parts of the world. Megaprojects can be very important to a host
country: the Nigeria Liquefied ...
Exploring the Origin of Mathematical Economics
(Scientific Research, 2016-02)
The existing studies on the origin and history of mathematical economics are euro-centric and
cover only the past two centuries. It is intended to show that 1) mathematical economics has an
ancient origin. Kautilya wrote ...
Value of Waiting and Excess Entry Theorem
(Scientific Research, 2016-04)
By reformulating the Cournot model by making use of the optimal stopping theory, we reconsider
the excess entry theorem for a stochastic market. It is revealed that: 1) free entry in a stochastic
oligopolistic market is ...