In this paper the properties of the wealth function of an economic system are studied. An economic analog of the Gibbs-Duhern equation is derived. Equilibrium states and limiting profit extraction regimes in non-equilibrium ...

Background: Cost-utility analyses (CUAs) are increasingly common in Australia. The EuroQol five-dimensional (EQ-5D) questionnaire is one of the most widely used generic preference-based instruments for measuring health-related ...

Tourism expenditures have been much researched in the past: at the aggregate level to evaluate national benefit of the tourism industry and at the disaggregate level to evaluate the attractiveness of tourist market segments. ...

We derive expressions for optimal consumption for family trusts with random wealth and uncertain survival. Using UK birth statistics and the theory of branching processes, we compute size and survival probabilities for ...

Although there has been considerable discussion on the size of the shadow economy, comparatively little attention has been given to relationship between unemployment and participation in this sector. The objective of this ...

The authors report insights, based on annual site visits to elementary and middle schools in three states from 2004 to 2006, into the incentive effect of the No Child Left Behind Act�s requirement that increasing percentages ...

Background: One of the greatest difficulties in evaluating healthcare system reform in any country is that governments often do not clearly articulate what it is they are attempting to do. In Australia, a recent inquiry ...