Beyond cognitive ability and family background, are there other significant determinants of educational attainment? From research in psychology, economics, education and criminology, one powerful influence is the ability ...
We study the effects of discounting in a standard endogenous price leadership model. We show that there will be occasional changes in the identity of the leader with any cost of delay or discounting, however small. By ...
This Paper analyses endogenous price leadership in a duopolistic market with differentiated products and symmetrically informed firms. We study the effects of deadlines and discounting in a standard endogenous leadership ...
Recently, several digital phase-locked loops (DPLLs) have been demonstrated to achieve the jitter performance of traditional
charge-pump-based analog PLLs. This paper is concerned with a class of DPLLs employing a ...
In this paper we apply methods of nonlinear
dynamics to examine the behavior of the pulsed digital oscillator for microelectromechanical systems (MEMS). We study the regions of existence of oscillations and demonstrate ...
This note shows a very simple way to incorporate the effects of uncertainty about the accuracy of present value estimates into the firm's option to delay irreversible investment. It is shown that, if the firm's priors about ...
This report examines the current capacity of the EU’s airport infrastructure and highlights in a general way the main factors determining that capacity. In the report, the nature and the role of airport services
are ...
We report results from a combined optical interferometric and spectrally resolved imaging study on colliding laser produced aluminium plasmas. A Nomarski interferometer was used to probe the spatio-temporal distribution ...
The way people make decisions about future benefits – termed discounting - has important implications for both financial planning and health behaviour. Several theories assume that, when delaying gratification, the lower ...
Sensor network MAC protocols typically sacrifice packet latency to achieve energy efficiency. Such delays may well increase due to routing protocol operation. For this reason it is imperative that we attempt to quantify ...