The neoclassical price adjustment equation stipulates that prices move toward equilibrium at a rate that is proportional to the excess demand, i.e., the difference between the demand and supply divided by the demand (at that price). However, the demand and supply are generally nonlinear functions of price. We show that the information on this nonlinear variation of demand and supply leads to a ...

A novel topology for a high gain two-stage amplifier is proposed. The proposed circuit is designed in a way that the non-dominant pole is at output of the first stage. A positive capacitive feedback (PCF) around the second stage introduces a left half plane (LHP) zero which cancels the phase shift introduced by the non-dominant pole, considerably. The dominant pole is at the output node which m...

A supply chain consists of all parties involved directly or indirectly, in fulfilling a customer request. The supply chain includes not only the manufacturers and suppliers, but also transporters, workhouse, retailers and even customers themselves. Within each organization, such as a manufactures, the supply chain includes all functions involved in receiving and filling a customer request. Thes...

This paper explores how organizational and technological factors explain the adoption of e-business functions in 4570 European companies and the migration from EDI-based to XML-based e-business frameworks in 329 European companies. According to a linear regression model, a company with a wider scope, having more enterprise information systems or exchanging standardized data has more e-business ...

Electronic commerce and associated business-to-business transaction capabilities have changed the way in which the supply chain operates. The Internet has enabled information exchange on an unprecedented scale, often at a pace too fast for normal consumption. Companies are not equipped to make effective use of data from warehouse and transportation management systems. These systems are key fact...

This paper advances a structural inter-temporal model of labour supply that is able to simulate the dynamics of labour supply in a continuous setting and addresses two main drawbacks of most existing models. The first limitation is the inability to incorporate individual heterogeneity as every agent is sharing the same parameters of the utility function. The second one is the strong assumption ...

In most wholesale electricity markets generators must submit step-function offers of supply to a uniform price auction, and the market is cleared at the price of the most expensive offer needed to meet realised demand. Such markets can most elegantly be modelled as the pure-strategy, Nash Equilibrium of continuous supply functions, in which each supplier has a unique profit maximising choice of...

We consider the problem of characterizing possible supply functions for a given dissipative nonlinear system, and provide a result that allows some freedom in the modification of such functions. Keywords— nonlinear stability, ISS, dissipation, input/output stability

This survey aims at providing the reader with a thread through the literature on the topic of panel econometrics of labour supply, reporting also on the evaluation of the data used in these studies, and summarizing their substantive results. It documents the present trend away from models that take advantage of panel data almost exclusively in order to control for unobserved heterogeneity, towa...