The Optimal Degree of Commitment to an Intermediate Monetary Target

1985 ◽  
Vol 100 (4) ◽  
pp. 1169 ◽  
Author(s):  
Kenneth Rogoff
Land ◽  
2021 ◽  
Vol 10 (1) ◽  
pp. 90
Author(s):  
Miroslav Kopáček

Civic participation has an irreplaceable role in the land-use planning process because it contributes a practical perspective to expert knowledge. This article discusses whether there is actually a level of civic participation that can be considered optimal, which would allow experts to effectively obtain information from everyday users of the territory, who have the best practical knowledge of it; experts may also gain sufficient feedback on intended developments, based on knowledge about civic participation from representatives of individual municipalities. The article also proposes measures that can promote an optimal degree of participation in the land-use planning process. The fieldwork was conducted in the form of semi-structured interviews with the mayors of municipalities with a population of up to 2000 inhabitants in selected districts of the Ústí Region (Czech Republic). The results suggest that the optimal degree of civic participation in land-use planning should have a representative extent, so it should not merely be a matter of individuals, but also one of groups of dozens of people, and such groups should encompass a balanced variety of characteristics; an optimal level of civic participation should also provide the maximum number of relevant impulses. Measures that may secure and foster an optimal degree of civic participation in land-use planning include (1) striving to avoid preferring purely voluntary participation; (2) simultaneously utilizing various tools to engage inhabitants; (3) educating inhabitants on a regular basis; and (4) consistently communicating and providing feedback, while also searching for informal means of communication and discussion.


2015 ◽  
Vol 723 ◽  
pp. 341-344
Author(s):  
Li Juan Zhang ◽  
Jiang Han ◽  
Zhang Ming Li

Research was conducted on the optimal selection of foundation improvement methods in the paper. Based on fuzzy optimization theory, four evaluation criteria such as construction time are used to evaluate the five improvement methods. The relative optimal degree 0.798 of dynamic-static consolidation method is the maximum which shows that the dynamic-static method is the optimal one; relative optimal degree and multi-evaluating criteria are used to evaluate multi-goals in the fuzzy optimization theory which will lead to the high optimal reliability result.


2014 ◽  
Vol 2 (2) ◽  
pp. 201-211
Author(s):  
Giovanni Di Bartolomeo
Keyword(s):  

2016 ◽  
Vol 47 ◽  
pp. 231-239 ◽  
Author(s):  
Ernst-Joachim Hossner ◽  
Boris Käch ◽  
Jonas Enz

2018 ◽  
Vol 9 (4) ◽  
pp. 569-586
Author(s):  
Dongling Cai ◽  
Leonard Fengsheng Wang ◽  
Xiaokai Wu

Purpose The purpose of this study is to investigate the interplay between economic governance and privatization, and how these two instruments affect the entry mode choice of the foreign firm and the social welfare of the host country. Design/methodology/approach This study constructs a mixed duopoly model wherein one domestic public firm competes with a foreign firm and investigates the influence of economic governance investment on the domestic government’s optimal degree of privatization choice and the foreign firm’s entry mode choice. Findings This study shows that (1) better economic governance enhances the effect of privatization on output, thus resulting in a lower degree of privatization; (2) the optimal privatization policy of the domestic government is partial privatization irrespective of the foreign firm’s entry mode choice; (3) with optimal investment by the domestic government on economic governance, the optimal degree of privatization is higher under FDI than export, and the host-country welfare is also higher under FDI. In particular, this study demonstrates that better economic governance decreases the threshold of the degree of privatization when the foreign firm switches from export to FDI, implying that better economic governance stimulates the foreign firm to undertake FDI in the host country. Practical implications The findings shed some light on both the mixed ownership reform of the SOEs in China and attracting foreign capital inflow to improve the host country’s social welfare. Originality/value To the best of the authors’ knowledge, this study constitutes the first attempt to build a theoretical framework to explore how the interactions between economic governance and privatization influence the entry mode choice of the foreign firm.


2012 ◽  
Vol 54 (2) ◽  
pp. 155-168 ◽  
Author(s):  
Sam Asami ◽  
Kathrin Szekely ◽  
Paul Schanda ◽  
Beat H. Meier ◽  
Bernd Reif

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