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Mathematical programming has been extensively used to account for risk in farmers' decision making. The recent development of the positive mathematical programming (PMP) has renewed the need to incorporate risk in a more robust and flexible way. Most of the existing PMP-risk models have been...
The devaluation tool in an optimal currency area allows economic policies to adjust relative costs in front of economic shocks. Devaluation risk is due to the relationship of domestic inflation with that of a nation's trading partners. If the gap between them is not adjusted by depreciation, it...
This paper is proposed to investigate the causal panel relationship between information and communication technologies (ICTs) segments and economic expansionary rates in ASEAN countries. Methodologically, the panel time-series data observed during 2006 to 2016 is employed to estimate the panel...
This paper summarises the research performed during the last 10 years regarding the globalisation phenomenon measuring and analysing the evolution of trade globalisation of the period 2003-2015. The goal was to find evidence for a new globalisation types model. Indeed, the economic system has...
This paper takes the subject of optimal investment strategies for firms acting on a competitive market. An investment decision-making process is described as a game between two players, and the real options approach is used to find a value of an investment project, therefore the paper falls in...
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