We use a data set describing ownership of productive assets in the carpentry trade to evaluate several factors influencing the allocation of asset ownership between an employer and his employees. The findings suggest that the allocation involves a tradeoff between two incentive effects influencing how the employee uses the asset and what the employer decides it should be used for. In particular...

ABSTRACT- Inadequate water supply is the major problem for agriculture in arid and semi-arid regions. Thus, effective management should be considered for water resources planning. In this research, a model was provided which is able to estimate optimal land and water allocation in the Doroodzan irrigation network. Optimal water management model was used at farm level to evaluate different defic...

A description of complete normal varieties with lower dimensional torus action has been given in [AHS08], generalizing the theory of toric varieties. Considering the case where the acting torus T has codimension one, we describe T -invariant Weil and Cartier divisors and provide formulae for calculating global sections, intersection numbers, and Euler characteristics. As an application, we use ...

This paper considers the optimal selling mechanism for complementary items. When buyers are perfectly symmetric, the optimal procedure is to bundle the items and run a standard auction. In general, however, bundling the items is not necessarily desirable, and the standard auctions do not maximize revenue. Moreover, the optimal auction allocation may not be socially efficient since the auction m...

The relationship between egg size and composition (relative amounts of lipid, protein, and water) can play an important role in determining neonate size, quality, or the amount of post-hatching care observed in many reptiles. We evaluated the relationship among egg wet mass, non-polar lipid mass, water content, shell dry mass, and lean dry mass within and among seven clutches of the Diamondback...

BACKGROUND Cost-effectiveness analysis can guide policymakers in resource allocation decisions. It assesses whether the health gains offered by an intervention are large enough relative to any additional costs to warrant adoption. When there are constraints on the health care system's budget or ability to increase expenditures, additional costs imposed by interventions have an "opportunity cost...

This paper analyzes a class of common-component allocation rules, termed no-holdback (NHB) rules, in continuous-review assemble-to-order (ATO) systems with positive lead times. The inventory of each component is replenished following an independent base-stock policy. In contrast to the usually assumed first-come-first-served (FCFS) component allocation rule in the literature, an NHB rule alloca...

In retailing, decisions about product assortment and shelf space allocation have a significant effect on customers’ purchasing decisions. Traditionally, researchers usually employed the space elasticity to optimize product assortment and space allocation models. However, the large number of parameters requiring to estimate and the nonlinear nature of space elasticity can reduce the efficacy of ...