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We relate a Chaplygin type system to a Cartan decomposition of a real semi-simple Lie group. The resulting system is described in terms of the structure theory associated to the Cartan decomposition. It is shown to possess a preserved measure and when inte ...
This paper estimates a translog cost function for Swiss water utilities. From the cost function, we are able to estimate measures of marginal costs as well as economies of production density, customer density and scale, which are important determinants in ...
River and open-channel flows present complex three-dimensional (3D) structures in the water column and on the surface as a result of the existence of secondary currents driven by either centrifugal force or turbulence. This paper experimentally investigate ...
Supply chain management is widely accepted as a means for companies to gain competitive advantage. While product and information flows have been widely covered in the literature, relatively little attention has been paid to the management of a supply chain ...
In this series of two articles, the concepts and approaches of environomic (thermodynamic, economic and environmental) performance ‘Typification’ of power generation technologies (Part I) and of combined heat and power (CHP) cogeneration technologies (Part ...
Shallow depth flow fields and low velocity magnitudes are often challenges for traditional velocity measuring instruments. As such, new techniques have been developed that provide more reliable velocity measurements under these circumstances. In the presen ...
Shallow depth flow fields and low velocity magnitudes are often challenges for traditional velocity measuring instruments. As such, new techniques have been developed that provide more reliable velocity measurements under these circumstances. In the presen ...
Diversification is at the core of insurance and other financial business. It constitutes an important issue in the preparation of the new Solvency II framework for the regulation of European insurance undertakings. In this paper, we propose a conceptual fr ...
This paper examines the effects of capital gains taxation on firms’ investment and financing decisions. We develop a real options model in which the timing of investment, the decision to default, and the firm’s capital structure are endogenously and jointl ...
This dissertation consists of three chapters. The first chapter empirically investigates how the intensity of product market competition affects the cost of debt. Using a large sample of loans to publicly traded US manufacturing firms, the chapter provides ...