The Experts below are selected from a list of 137319 Experts worldwide ranked by ideXlab platform
John Rowse - One of the best experts on this subject based on the ideXlab platform.
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Market mechanisms and the efficient allocation of surface water resources in southern alberta
Socio-economic Planning Sciences, 2002Co-Authors: Robert C Mahan, Theodore M Horbulyk, John RowseAbstract:Abstract Population growth and economic expansion increasingly are stressing water resources in southern Alberta, Canada. Adopting Market mechanisms may improve water use efficiency. Utilizing a novel network model of an entire river basin, we quantify the short-run efficiency gains (over one growing season) from reallocating surface water. Employing a standard welfare maximizing objective, and observing essential institutional and hydrologic structures, we find the relative efficiency gains from introducing Market Pricing to be under 3% for a year of surplus water flows, about 6% for a mean flow year, and more than 15% for a drought flow year. Although such gains exclude the costs of the current water allocation policy, as well as those of moving to Market Pricing, results tend to support the present cautious approach by the Alberta government to modify the mechanisms for allocating surface water.
Bulent Guloglu - One of the best experts on this subject based on the ideXlab platform.
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A forecasting approach for truckload spot Market Pricing
Transportation Research Part A-policy and Practice, 2017Co-Authors: Aysenur Budak, Alp Ustundag, Bulent GulogluAbstract:Logistics is an important sector considering the increasingly competitive nature of industry today. Large-scale companies and third-party logistics providers want the most economical and reliable forecasting mechanism for Pricing the truckload spot Market in the sphere of logistics and supply chains. This paper investigates the price forecasting of the truckload spot Market, which is an important area for the determination of future value from the viewpoint of truckers by considering comprehensive variables. Two methodologies are used to determine truckers’ spot price in the freight transport process, which are the artificial neural network and quantile regression, and a price forecasting framework is created. The framework is applied to two approaches: a route-based model and a general model in which all routes are considered together. Real data are used to demonstrate the applicability and feasibility of the proposed method. In this scope forecast performances can be assessed, the best methodology and approach can be selected, and projections can be carried out.
Valery Yakubovich - One of the best experts on this subject based on the ideXlab platform.
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Getting a job as a favor in the Russian post-socialist labor Market
Asia Pacific Journal of Management, 2013Co-Authors: Valery YakubovichAbstract:The literature on social networks in labor Markets often assumes that hiring through a network is a token in a reciprocal favor exchange. Yet, the scope and mechanisms of this phenomenon remain unclear. I propose a general theoretical framework that initially takes the stand-alone favor, rather than reciprocity, as a mode of economic allocation and identifies its institutional support structures. Markets and hierarchies shape favor-doing alongside social networks, often as a byproduct of their other functions. I find empirical evidence for social networks and Market Pricing as support structures for favors in the Russian post-socialist labor Market of the 1990s. The mechanisms behind social networks are prior history and the general norm of reciprocity, while Market Pricing induces favors by those employers positioned in the middle of the wage distribution and thus exhibiting simultaneously two qualities: a willingness to do favors, because the jobs they have to offer are not sufficiently lucrative to attract the very best talent, and an ability to ask for favors, because nevertheless those jobs remain attractive enough for job seekers at large. Overall, this study shows how labor Market institutions, originally set up to support competitive exchanges, affect the likelihood of favors in hiring, in tandem with the traditional support structure, social networks. Favor-doing in emerging Markets is understood better as a broadly conceived institutionalized process having a variety of support structures, not just networks, that must be explored from the bottom up in each specific setting.
Alexandros Kontonikas - One of the best experts on this subject based on the ideXlab platform.
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the emu sovereign debt crisis fundamentals expectations and contagion
Journal of International Financial Markets Institutions and Money, 2012Co-Authors: Michael Georgiou Arghyrou, Alexandros KontonikasAbstract:We offer a detailed empirical investigation of the EMU sovereign-debt crisis. We find a marked shift in Market Pricing behaviour from a ‘convergence-trade’ model before August 2007 to one driven by macro-fundamentals and international risk thereafter. We find evidence of contagion effects, particularly among EMU periphery countries. The EMU debt crisis is divided into an early and current crisis period. Unlike the former where contagion was mainly originating from Greece, the latter involves multiple sources of contagion. Finally, the escalation of the Greek debt crisis since November 2009 is due to an unfavourable shift in country-specific Market expectations.
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the emu sovereign debt crisis fundamentals expectations and contagion
European Economy - Economic Papers 2008 - 2015, 2011Co-Authors: Michael Georgiou Arghyrou, Alexandros KontonikasAbstract:We offer a detailed empirical investigation of the European sovereign debt crisis based on the theoretical model by Arghyrou and Tsoukalas (2010). We find evidence of a marked shift in Market Pricing behaviour from a ‘convergence-trade’ model before August 2007 to one driven by macro-fundamentals and international risk thereafter. The majority of EMU countries have experienced contagion from Greece. There is no evidence of significant speculation effects originating from CDS Markets. Finally, the escalation of the Greek debt crisis since November 2009 is confirmed as the result of an unfavourable shift in country specific Market expectations. Our findings highlight the necessity of structural, competitiveness-inducing reforms in periphery EMU countries and institutional reforms at the EMU level enhancing intra-EMU economic monitoring and policy co-ordination.
Robert C Mahan - One of the best experts on this subject based on the ideXlab platform.
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Market mechanisms and the efficient allocation of surface water resources in southern alberta
Socio-economic Planning Sciences, 2002Co-Authors: Robert C Mahan, Theodore M Horbulyk, John RowseAbstract:Abstract Population growth and economic expansion increasingly are stressing water resources in southern Alberta, Canada. Adopting Market mechanisms may improve water use efficiency. Utilizing a novel network model of an entire river basin, we quantify the short-run efficiency gains (over one growing season) from reallocating surface water. Employing a standard welfare maximizing objective, and observing essential institutional and hydrologic structures, we find the relative efficiency gains from introducing Market Pricing to be under 3% for a year of surplus water flows, about 6% for a mean flow year, and more than 15% for a drought flow year. Although such gains exclude the costs of the current water allocation policy, as well as those of moving to Market Pricing, results tend to support the present cautious approach by the Alberta government to modify the mechanisms for allocating surface water.