One of the most crucial discussions within water resource management is debate between those who defend concept economic efficiency and privilege notions social equity. This tension located at core binary categories that currently constitute public comparative law policy. These are commodity/human right, private property/common property, free-market/state regulation, market value/community valu...

Equity measures can be used as working tools to explore management alternatives for :I \ \ater qualit! system. Several example measures of equity are discussed which proved useful in suggesting nra m;inagsment programs, in identifying critical waste dischargers. in suggesting Lones for grouping dischargers. and for understanding given management programs. The example equity measures were evelua...

We report the results from a questionnaire-type experiment designed to elicit whether individuals decide in accordance with the equity axiom constituent for Rawls’s second principle. The experiment is sequential in nature. Hence it generates data with panel data properties. We use recently developed panel data methods for studying the role that state dependence and unobservable individual-speci...

This paper presents an empirical analysis of whether independent and dependent private equity investors affect the underpricing of firms which went public on the Nouveau Marché and on the Neuer Markt between 1997 and 2000. In the sample of the Neuer Markt, the involvement of private equity investors reduces the underpricing of the firms' shares only if private equity investors sell a part of th...

Economists have confined the concept of ‘sustainability’ to intertemporal distributional equity. We propose a broader definition, combining dynamic efficiency and intergenerational equity, and relate it to two concepts from neoclassical economics: potential Pareto-improvements and inter-personal compensation.  2003 Elsevier Science B.V. All rights reserved.

equity in settlement of foreign investment disputes regard of equity in judicial and non-judicial settlement of disputes is necessary. because of the international area of justice in the foreign investment disputes, the equity is more important in these cases. study of international review shows the following and predication of the equity in the adjudges. so that the equity is the basic princip...

In this paper we examine whether information risk affects underwriter switching in a seasoned equity offering (SEO) process. Building on previous research, we hypothesize that SEO firms and underwriters associate with one another by mutual choice, and firms with a low degree of information risk tend to match up with prestigious underwriters. Using a sample of SEO firms in China and employing ac...