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This article reports an investigation into the administrative costs of the Slovak tax system. By applying methodology used in the Czech Republic, it analyses the administrative costs of taxation in Sl...
We consider the problem of portfolio selection, with transaction costs and constraints on exposure to risk. Linear transaction costs, bounds on the variance of the return, and bounds on different shor...
We consider the problem of multi-period portfolio optimization over a finite horizon, with a self-financing budget constraint and arbitrary distribution of asset returns, with objective to minimize th...
Even though epidemiological evidence links specific workplace stressors to health outcomes, the aggregate contribution of these factors to overall mortality and health spending in the United States is...
This paper proposes an approach for modeling strategic interactions that incorporates the costs to firms of changing their strategies. The costs associated with strategy modifications, which we term "...
The fuzzy approach to the project network analysis of the project planning and control is commonly oriented on the fuzzy critical path setting and the project duration monitoring. In the article, this...
In this paper, we examine the effect of shareholder rights on reducing the cost of equity and the impact of agency problems from free cash flow (FCF) on this effect. We find that firms with strong sha...
Hours constraints are typically identified by worker responses to questions asking whether they would prefer a job with more hours and more pay or fewer hours and less pay. Because jobs with different...
The elimination of quotas in textiles and apparel poses new threats from import competition. To survive, the sectors need to find least-cost methods of production. The productionYcost structure of t...
Conventional policy for industries with very high economies of scale is to permit monopoly but to subject it to regulation or public ownership. Since the latter may not result in cost minimization, ...
We examine how the legal protection of outside shareholders and the appropriative costs that they induce influence the incentives for private firms to go public.A higher degree of protection of shareh...
A private and a public firm face fixed quality -dependent costs of production and compete first in quality and then either in prices or in quantities. In the long run the public firm targets welfare...
In query learning, the goal is to identify an unknown object while minimizing the number of \yes" or\no" questions (queries) posed about that object. A well-studied algorithm for query learning is kno...
This paper examines the effect of transaction costs of search on the institution of grain brokers in Ethiopia. Primary data are used to derive traders's shadow opportunity costs of labor and of ca...

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