In this paper, we consider a new class of analytic functions in the unit disk using polynomials of order alpha. We give some sufficient conditions for functions belonging to this class.

 We examine permanent effects of monetary expansion in an economy where access to credit for financing consumption and investment is limited and consumers and firms are cash-constrained. The main difference between our model with those of Cooley-Hanson (1989) and Walsh (2003) is that investment, in addition to consumption, is subject to a cash-constraint. In this respect, our model is...

This paper has two objectives. First, we identify a problem with the ability of the discretecontinuous choice framework and conditional demand functions to fully describe consumer preferences in the presence of kinked budget constraints. Second, we propose and illustrate an alternative, preference-based method for estimating consumer responses to price changes under these conditions. This frame...

We consider the classical Merton problem of finding the optimal consumption rate and the optimal portfolio in a Black-Scholes market driven by fractional Brownian motion B with Hurst parameter H > 1/2. The integrals with respect to B are in the Skorohod sense, not pathwise which is known to lead to arbitrage. We explicitly find the optimal consumption rate and the optimal portfolio in such a ma...

This paper discusses the potential of CO2-reduction from household consumption by ProductService Systems. It will first discuss the main direct and indirect impacts of consumption by households. This will result in a number of priority ‘need areas’ or ‘functions’ where changes in consumption patters and ways of need fulfilment can have the highest contributions to impact reduction. After that, ...

in this paper, we introduce and characterize fuzzy wea-kly $e$-closed functions in fuzzy topological spaces and the relationship between these mappings and some properties of them are investigated.

Sensor networks consist of sensor nodes with small-size, low-cost, lowpower, and multi-functions to sense, to process and to communicate. Minimizing power consumption of sensors is an important issue in sensor networks due to limited power in sensors. Clustering is an efficient way to reduce data flow in sensor networks and to maintain less routing information. In this paper, we propose a multi...

Financial assets are generally chosen for encapsulating wealth effects in empirical work on aggregate consumption, but there is growing interest in tangible wealth, notably housing, as a potential determinant. We estimate consumption functions for the G-5 on a Pooled Mean Group panel basis, which encapsulate roles for both tangible and financial wealth. Results suggest that tangible wealth play...