Let F be a class of measurable functions f :S 7→ [0,1] defined on a probability space (S,A, P ). Given a sample (X1, . . . ,Xn) of i.i.d. random variables taking values in S with common distribution P , let Pn denote the empirical measure based on (X1, . . . ,Xn). We study an empirical risk minimization problem Pnf →min, f ∈ F . Given a solution f̂n of this problem, the goal is to obtain very ge...

This paper examines the impact of globalization on income inequality in a panel of 78 developed and developing countries over 2002–2015. Moreover, the indirect effect of financial development in the link between globalization and income inequality is also analyzed by incorporating the interaction term between globalization and financial development. The empirical evidence based on the first-dif...

Many methodologies and techniques may be used in the development of information systems. Two widely used methodologies are: system development life cycle, and proto-typing. In this article, we have extensively evaluated the two methodologies based on field data collected from information systems professionals in business and industry. Specifically, the two methodologies are evaluated for their ...

The central focus of this dissertation is the role of financial instruments, in particular insurance and credit, in economic development. Motivated by the observation that exposure to the risk of extreme weather conditions may constrain investment by subsistence farmers and lead to inefficient production choices, the first chapter evaluates whether insuring farmers against such risks alters res...

Despite a half century of advances, the software construction industry still shows signs of immaturity [1]. Professional software development organizations continue to struggle to produce reliable software in a predictable and repeatable manner. While a variety of development practices are advocated that might improve the situation, developers are often reluctant to adopt new, potentially bette...

comprehensive set of countries with populations of 1 million or more in 1994. In total, our data include 5.507 billion people, of an estimated global population in 1994 of 5.601 billion, or 98.3 percent of the total world population. The main countries missing from the sample, because of unavailability of data, are: Afghanistan, Albania, Bosnia & Herzegovina, Cambodia, Cuba, Iraq, Lebanon, and ...

In this study, the relationships between two variables: the strategy of sustainable development and the efficiency of waste management in the commercial power industry company have been subjected to discussion. The basis for the explanation of the aforementioned relationships is the assumption that the level of implementation of the strategy of sustainable development is expressed through capit...

The increased usage of information and communication technology and especially the Internet as a vehicle for democratic participation may be regarded in very different ways. First of all, the development of ‘eDemocracy’ may be seen as a matter of increased instrumental opportunity: these applications are purposively developed because the Internet provides new and better ways of reaching the cit...