— In this paper we study the optimal saving problem in the framework of possibility theory. The notion of possibilistic precautionary saving is introduced as a measure of the way the presence of possibilistic risk (represented by a fuzzy number) influences a consumer in establishing the level of optimal saving. The notion of prudence of an agent in the face of possibilistic risk is defined and ...

The aim of this paper is to investigate the domestic saving-investment relation in Turkey. In their very effective paper Feldstein and Horioka (1980) (FH hereafter) states that presence of relationship between national saving and investment would not be expected under the perfect capital mobility. In the case of perfect capital mobility, savings follow wherever the highest return is and the rel...

Savings have an important role as alternative funding when the primary income is in trouble. Previous research on saving behavior has been carried out fragmentary, which causes conclusions to be partial. Therefore, it necessary with a systematic literature review method obtain complete conclusion about factors that can influence individual decisions. In this study, articles used consisted of 12...

Slow-roll inflation requires the inflaton field to have an exceptionally flat potential, which combined with measurements of the scale of inflation demands some degree of finetuning. Alternatively, the flatness of the potential could be due to the inflaton’s origin as a pseudo-Goldstone boson, as in Natural Inflation. Alas, consistency with Planck data places the original proposal of Natural In...

The blood clotting protein fibrinogen can inadvertently promote multiple sclerosis (MS) when it leaks from the blood into the brain. According to Adams et al. (page 571), it does so by activating microglia and sending these cells into phagocytic overdrive. Interrupting this interaction may yield a treatment for MS that doesn’t interfere with blood clotting. The neurological dysfunction seen in ...

We study a simple model of factor saving technological innovation in a concave framework. Capital can be used either to reproduce itself or, at additional cost, to produce a higher quality of capital that requires less labor input. If higher quality capital can be produced quickly, we get a model of exogenous balanced growth as a special case. If, however, higher quality capital can be produced...