This paper demonstrates that the analysis of fiscal sustainability of social security must include the education funding dimension of public policy, which affects the productivity of future workers. This fact is true under both social security regimes: pay-as-you-go (PAYG) and fully funded (FF). We consider an OLG economy where the government, in addition to running social security, also funds ...

the main purpose followed in this study was to evaluate the role of social capital on organizational learning (ol) of jihad-e-agriculture organization's staffs. the statistical population consisted of all staffs of jihad-e-agriculture organization in kurdistan province (n=150). applying census, a questionnaire was sent to all the members of the study from whom 124 members finally filled in...

I evaluate two new objections to an infinitist account of epistemic justification, and conclude that they fail to raise any new problems for infinitism. The new objections are a refined version of the finite-mind objection, which says infinitism demands more than finite minds can muster, and the normativity objection, which says infinitism entails that we are epistemically blameless in holding ...

The lure of social capital motivates startups to form in clusters with similar companies. However, having social capital is different from exploiting it, and there is conflicting research on the ultimate commercial success of cluster members. This work attempts to disambiguate the relationship between a startup’s membership in a cluster and the startup’s performance by modeling the availability...

State capacity is exceptionally low in Latin America, even when compared to other former colonies. This paper analyzes four possible factors that could potentially explain this troubling feature: political inequality, economic inequality, interstate conflict and civil war. With the exception of external war, these variables have a negative effect on state-building in models where the accumulati...

Integrating the uses and gratifications theory (U&G theory) with the dual mediation hypothesis (DMH), this research proposes and empirically tests a model aimed at understanding how a ripple effect, a phenomenon that causes marketing messages to diffuse more extensively due to the message receivers’ decisions to spreading the messages through their social networks, is created in virtual communi...

Punitive damages deter and punish. Using a social welfare function that incorporates both economic efficiency and a desire for retribution, this paper explores the effects of punitive damages in situations of reckless disregard that might be viewed as outrageous. If the defendant was making a rational decision that reflected all of social costs, any level of punitive damages lowers efficiency. ...