There are many different analysis methods for evaluation of complicated socio-economic processes. Banks are important participants of the market. Soundness and stability of banks is difficult to assess because of their complicated internal business structure, intertwined cash flows and strong influence of market conditions on bank’s performance. Multi-criteria methods of evaluation are among ma...

This paper examines the economic prospects for biotechnology industry, focusing on the U.K. position. We discuss some economic issues relating to the structure of the biotech industry and examine whether these factors can account for the relative success of the biotechnology sector in the U.K. compared to other European countries. We emphasise the importance of the science base, pharmaceutical ...

It is well known that most of the largest economies in the world are becoming information economies (understood as an aggregate of economic activities that produce information outputs) in terms of value added (GNP) and jobs. Sweden is among the most advanced adopters of ICT and represents therefore a suitable empirical base for the investigation of an information economy. The data reveal that t...

The Internet has made a major impact on electronic commerce and market structures by facilitating information exchange between organizations. For researchers and business professionals, the economic and social ramifications of the Internet have generated much interest. Inspired by the many studies done on the information technology (IT) adoption, particularly Everett Roger’s research in diffusi...

Article history: Available online 26 March 2007 Empirical results from experimental economics and neuroscience have uncovered regularities in human behavior that may provide a base for new approaches to welfare theory and economic policy. These empirical findings do not challenge basic economic concepts but they do imply that our assumptions about “rational behavior”, “opportunity cost”, and “s...

N THE THREE DECADES since the publication of the seminal work on rational expectations, a steely consensus has been forged in the economics profession regarding acceptable modeling procedures.’ Simply stated, the consensus is that economic actors do not persist in making foolish mistakes in forecasting over time. People are presumed to be able to both detect past patterns in their prediction er...

Perinatal depression among ethnic minority women is an understudied area of research. More specifically, prior to conducting interventions among this particular population, an extensive understanding of this knowledge base is necessary. Moreover, we are more aware of the multiple interrelationships between depression and various physical diseases, as well as socio-economic conditions and lifest...

Commercialization of Grid resources will become more and more important as utility computing and the deployment of Grids gains momentum. This results in the necessity to not only base Grid components on technical aspects, but also to include economical aspects in their design. This paper presents a framework that links technical and economical aspects to the management of computational resource...

Nigeria’s economic aspirations have remained that of altering the structure of production and consumption patterns, diversifying the economic base and reducing dependence on oil, with the aim of putting the economy on a part of sustainable, all-inclusive and non-inflationary growth. The implication of this is that while rapid growth in output, as measured by the real gross domestic product (GDP...

One of the surprising features of modern economic growth is that economies abundant in natural resources have tended to grow slower than economies without substantial natural resources. In this paper we show that economies with a high ratio of natural resource exports to GDP in 1970 (the base year) tended to grow slowly during the subsequent 20-year period 1970-1990. This negative relationship ...