A discrete economic growth model with endogenous labor.
In this paper a model for the recovery of human and economic activities in a region, which underwent a serious disaster, is proposed. The model treats the case that the disaster region has an industrial collaboration with a non-disaster region in the production system and, especially, depends upon each other in technological development. The economic growth model is based on the classical theory of R. M. Solow (1956), and the full model is described as a nonlinear system of ordinary differential...
Near real time media content personalisation is nowadays a major challenge involving media content sources, distributors and viewers. This paper describes an approach to seamless recommendation, negotiation and transaction of personalised media content. It adopts an integrated view of the problem by proposing, on the business-to-business (B2B) side, a brokerage platform to negotiate the media items on behalf of the media content distributors and sources, providing viewers, on the business-to-consumer...
We consider a stochastic overlapping generations model for a continuum of individuals with finite lives in presence of a financial market. In this paper, an agent's heterogeneity is given by the dates of birth of the household members, in contrast to standard models, in which each agent has his own aversion coefficient on his utility function. By means of martingale arguments, we compute the agent's optimal consumption and portfolio. A characterization of interest rate trajectories is given by mixed-type...