We develop a two-country overlapping-generations model with domestic financial frictions and show that cross-country differences in financial development explain three recent patterns of international capital flows. In our model, domestic financial frictions distort the interest rates and production efficiency in the less financially developed country. Capital flows not only lead to cross-count...

Increased public awareness of resource management issues and new attitudes toward resource conservation have led to great interest in the subject of the apposite use and management of natural and environmental resources in the American West. This paper analyzes this subject from an interdisciplinary ecological-economic perspective. Four salient issues concerning the study of the West’s ecologic...

We study the problem of allocating a divisible good among a group of people. Each person’s preferences are single-peaked. We consider situations in which there might be more of the resource to be assigned than was planned, or there might be less of the resource. Two robustness properties are formulated, which we call one-sided composition up and one-sided composition down. We show that only one...

Over the past several decades, significant efforts have been made to regulate the use of resource and pollution in most industrialized countries, and the stringency of pollution regulations has continued to increase globally. At the same time, physical and social infrastructures are influenced by changes in the use of resources which contribute to the wealth of many regions. Technical progress ...

In general, considerable human and material resources are required for performing a forest inventory survey. Using remote sensing technologies to save forest inventory costs has thus become an important topic in forest inventory-related studies. Leica ADS-40 digital aerial photographs feature advantages such as high spatial resolution, high radiometric resolution, and a wealth of spectral infor...

Based on the micro-level of the enterprise informatization, this paper, first of all, summarizes a variety of informatization patterns from the following two aspects: the resource of the products and the practice route. And then, it explores the general principle and the influencing factors of the enterprise’s carrying out the informatization. At last, according to the enterprise’s different fo...

We present a model of directed communication network with endogenous link strength. Agents are endowed with a fixed amount of resource which they can distribute over links. They obtain indirect benefit by the path maximizing the product of link strength. In this environment, the wheel architecture is shown to be not only the unique efficient architecture but also the unique Nash architecture. J...

We study a simple model of assigning indivisible objects (e.g., houses, jobs, offices, etc.) to agents. Each agent receives at most one object and monetary compensations are not possible. We completely describe all rules satisfying efficiency, independence of irrelevant objects, and resource-monotonicity. The characterized rules assign the objects in a sequence of steps such that at each step t...

Classifying rivers into homogeneous categories based on hydrological and/or environmental attributes supports the implementation of flows to sustain aquatic ecosystems and support resource needs society. Hydrological classifications provide decision-makers with a pragmatic number water management units by grouping individual or river segments expected exhibit similar biophysical responses flow ...