This paper investigates the e¤ects on the asset market of bank actions in dealing with their non-performing loans. It is demonstrated that liquidation of bad loans may not be as detrimental to asset prices as commonly argued, because funds recouped from liquidation can be recycled into new loans which support the asset market. While capital regulation protects the health of banks, it may limit ...

In order for organizations to survive on increasingly competitive and global markets, adequate management of intellectual capital is essential. Although increasingly more information is found in electronic formats, turning this information into valuable knowledge is still the responsibility of people by applying it in professional situations to generate value. In this paper, we describe an appr...

In this study, the effect of recycling fuel cell products on the performance of a solid oxide fuel cell and gas turbine (SOFC-GT) hybrid system was investigated. Three types of products recycling are considered: cathode products recycling (CPR), anode products recycling (APR), and both cathode and anode products recycling (BACPR). In the present work,   operating temperature and  limiting curre...

The issue of automobile recyclability is a problem with complex ramifications for car makers world-wide. Confronted with increasingly stringent fuel economy, emissions, and safety standards, recyclability is an attribute which can limit the ability of the automaker to meet these other goals economically. Nevertheless, social and political pressures upon the industry require that it responds to ...

We consider RFID tags and their applications from a recycling/remanufacturing perspective and propose a novel framework to assist such process based on item-level information visibility and instantaneous tracking/tracing ability enabled by RFID. The incorporation of RFID in the reverse supply chain results in cost reduction, service & production quality improvement and pollution & waste reducti...

The establishment of new environmental regulation, such as emissions taxes and tradable pollution permit markets, create rents that can be captured through a process of socially wasteful rent seeking. In this paper, we create a framework that compares social welfare under alternative market-based environmental policy instruments when agents lobby for the contestable rent. We show revenue raisin...

In this paper we study how value should be regained from returns. We define typical returns and their matching optimal reverse chains. We argue that integration with the forward chain provides the best opportunities, in particular when based on modular reuse. Real closed loop supply chains based on modular reuse however require closing goods flows, but also informational and market loops. To th...

The issue of automobile recyclability is a problem with complex ramifications for car makers world-wide. Confronted with increasingly stringent fuel economy, emissions, and safety standards, recyclability is an attribute which can limit the ability of the automaker to meet these other goals economically. Nevertheless, social and political pressures upon the industry require that it responds to ...