abstract Modoc was proposed by Van Gelder as an improvement to model elimination. The main contribution of Modoc is in its new pruning technique based on the concept of autarky, rst introduced by Monien and Speckenmeyer. Compared to programs based on model search, Modoc has since been observed to excel in speed on circuit formulas yet to fall behind on random formulas. This paper reports on a s...

Although China has won many plaudits for its rapid transformation from an autarky to theworld’s largest recipient of foreign direct investment (FDI) and a regional export power-house, some economists –most notablyHuang (2003, 2004)– are less sanguine about the Chinese government’s long-standing policy that encourages export-oriented FDI. Their main concern seems to be that foreign firms, especi...

This paper provides an empirical and theoretical investigation into the relationship between trade openness and the e↵ects of monetary policy changes. Using data from US industries at a 4-digit SIC level from 1972 to 2005, the empirical analysis reveals a negative relationship between trade openness and the e↵ects of identified monetary policy shocks on the output of manufacturing industries. B...

We demonstrate, using a simple two-period equilibrium model of the economy, the potential effects of extreme event occurrences such as natural or humanitarian disasters on economic growth over the mediumto long-term. In particular, we focus on the effect of such shocks on investment. We examine two polar cases; an unconstrained economy where agents have access to perfect capital markets, versus...

This paper demonstrates how preferences for energy trading are influenced by autarky aspirations and possible financial benefits from in the form of lower expenses additional income. It presents findings a survey on community-based platform within residential estate setting. The included choice experiment hypothetical home choices with possibility peer-to-peer (P2P) platform. also distinguished...

We study the impact of restrictions on trade in used goods between countries in the presence of a monopolistic seller that sells in two different national markets. Contrasting with the non-durable good case, free trade in used goods may be optimal for the firm. We provide a characterization of how movements towards trade liberalization, when implemented with a quota, will affect equilibrium out...

We investigate in depth the properties of a natural generalisation, called “sets of no-goods” in the AI literature, of boolean formulas in conjunctive normal forms such that non-boolean variables can be used. After building up a solid foundation, we generalise the notion of deficiency, and we obtain polynomial time satisfiability decision for generalised clause-sets with fixed maximal deficienc...

This paper is primarily concerned with the impacts of population aging upon education and skill premium. To study population aging, we utilize an overlappinggeneration model where survival into the old stage is uncertain and population aging is modelled via a higher survival rate. Featuring the household, education and production sectors, our model is analysed under both autarky and two-country...