The standard socio-economic science model (SSSM) assumes very considerable cognitive powers on behalf of its individual agents. Agents are able both to gather a large amount of information and to process this efficiently so that they can carry out maximising behaviour. Criticisms of this approach are widespread, even within the discipline of economics itself. We set up agent based models in whi...

The structure of a company’s distribution network is of vital importance for competitiveness but also involves considerable costs. In recent years, competitive pressure as well as regulatory measures, especially in the European Union, have also raised awareness towards the environmental impact of supply chain activities. However, activities associated with the distribution of products are not y...

Music industry is “facing the music” now. Big stakeholders try very hard to maintain their positions while other players see opportunities in the advent of peerto-peer networks. Music, as a kind of representative information good, deserves its economic properties to be examined and made explicit. This paper reviews various aspects of the literature covering information goods, tries to extend th...

A total of 98 Manihot species have been recognized in the genus. All of them are native to the tropics of the New World, particularly Brazil and Mexico. The cultigen, Manihot esculenta Crantz (cassava), grows throughout the lowland tropics. Wild species vary in growth habit from acaulescent or short shrubs to tree-like. Because of their adaptations to different conditions, they are gene reservo...

1 Paper prepared for UNDP/IDB/World Bank/CEPAL project " Balance of Payments Liberalization, Distribution and Poverty in Latin America " and originally presented at project seminar in Rio de Janeiro, other seminar participants, as well as to Geske Dijkstra and an anonymous referee for helpful comments on a previous draft. The Institute of Social Studies is Europe's longest-established centre of...

Economic efficiency implies an equating, at the margin, of benefits and costs. In this paper we explore a concept of "efficiency" which is broader than the usual framework and which applies to commodities and services produced and distributed largely outside the private, profit maximizing sector. An assessment of the economic efficiency of producing such a commodity requires the determination o...

In this paper, a reliability acceptance plan is developed assuming that the lifetime of a product follows the generalized Rayleigh distribution with known value of the shape parameter. We obtain test termination ratio by considering the producer’s risk for given values of the sample size and the acceptance number. A comparison of proposed sampling plan has been made with an existing acceptance ...

Distributed Generation (DG) in the form of renewable power generation systems is currently preferred for clean power generation. It has a significant impact on the distribution systems. This impact may be either positively or negatively depending on the distribution system, distributed generator and load characteristics. In this works, an overview of DG is briefly introduced. The technology of ...

WHILETHERE HAVE BEEN LITERALLY HUNDREDS of articles and other publications dealing with electronic publishing, few go beyond expressions of opinion or speculation. Very few recent publications, even those having the term “economics” in their titles, provide any empirical evidence concerning these speculations. This article presents some economic issues, provides some quantitative evidence conce...