Public energy productivity investment influences the amount of future energy consumption. If a present government expects its successor to value the social costs of fuel usage differently, this adds a strategic component to its investment

The aim of this paper is to examine the concentration of wealth among the group of top wealth holders, defined as those with wealth in excess of a high cut off. The paper begins by considering the definition of this cut off, analogous to the definition of a poverty line at the other end of the distribution. It then considers what can be learned about the proportion classified as ‘rich’ and abou...

We begin the development of a theory of Banach spaces in the definable setting of o-minimal structures. We outline several results which develop the theory of compact embeddings for explicitly given function spaces. One aim is to explain the substantive underpinnings of an important observation used in the proof of the Reparameterization Theorem of Pila and Wilkie in [2]. We place this observat...

investment and transfer of technology has no boarders. globalization is a process which affected all economic, social and legal aspects.a destiny which needs adequate decision. in this regard, economic globalization was more important than the other subjects. studying this process and its mechanism is the firs step to making vital decisions. free commercial transaction and international transfe...

We compared species mean data on the size of functionally distinct brain regions to test the relative rates at which investment in higher-order cognitive processing (mushroom body calyces) versus peripheral sensory processing (optic and antennal lobes) increased with increasing brain size. Subjects were eusocial paper wasps from queen and worker castes of 10 species from different genera. Relat...

Business confidence is a well-known leading indicator of future output. Whether it has information about future investment is, however, unclear. We determine how informative business confidence is for investment growth independently of other variables using US business confidence survey data for 1955Q1–2016Q4. Our main findings are: (i) business confidence leads US business investment growth by...

Comparisons with counterfactual outcomes can inXuence choices in sequential decisions. We examine the eVect of anticipated regret, and “social takeover”—the knowledge that someone else might take over an investment one has abandoned—on persistence on an investment task. Some participants received feedback about what would have happened if they had continued investing and others did not. Some kn...

We present a growth model in which investment in physical capital shows positive externalities which build up knowledge capital. A prerequisite for these spillovers to take place is that a country devotes time to education. Externalities associated with investment need education to raise the stock of knowledge capital. Analyzing the competitive economy we demonstrate that the model may explain ...

This paper proposes an investment cost recovery based efficient and fast sequential optimization approach to optimal allocation of thyristor controlled series compensator (TCSC) in competitive power market. The optimization technique has been used with an objective to maximizing the social welfare and minimizing the device installation cost by suitable location and rating of TCSC in the system....