E. F. Brigham, Dividend Policy and New Equity Financing: Discussion, The Journal of Finance, Vol. 26, No. 2, Papers and Proceedings of the Twenty-Ninth Annual Meeting of the American Finance Association Detroit, Michigan December 28-30, 1970 (May, 1971), pp. 540-542

The Use of Polynomials to Represent Cost Functions Get access E. F. Beach E. F. Beach Montreal Search for other works by this author on: Oxford Academic Google Scholar The Review of Economic Studies, Volume 16, Issue 3, 1949, Pages 158–169, https://doi.org/10.2307/2295917 Published: 01 January 1949

Abstract In discussing the role of accounts in the administration of the affairs of the United States Government, the author talks about the history and development of accounts and the relation of Federal accounting to business accounting. It is indeed encouraging that the President of the United States and the Director of the U.S. Bureau of the Budget are committed to a comprehensive program of placing the accounts of the Federal Government upon a sound basis, which would compare favorably with those of commerce and industry. It is the author's fervent hope that the program will so commend itself to the U.S. Congress during the coming session that the Legislative branch of the Government will give its support and encouragement to those officers in the Executive branch who are desirous of providing the Congress and the American people with more informative over-all financial statements relating to the operations and condition of the Government. The author commends to readers thoughtful consideration a careful examination of the basic principles prescribed in Executive Order No. 8512, and would welcome their suggestions with respect to their application to the accounting and reporting procedures of the Federal Government.

The “Thünen-Archiv” Get access The Quarterly Journal of Economics, Volume 19, Issue 1, November 1904, Pages 149–151, https://doi.org/10.2307/1884868 Published: 01 November 1904

This paper investigates whether individuals feel worse off when others around them earn more. In other words, do people care about relative position, and does “lagging behind the Joneses” diminish well-being? To answer this question, I match individual-level data containing various indicators of well-being to information about local average earnings. I find that, controlling for an individual's own income, higher earnings of neighbors are associated with lower levels of self-reported happiness. The data's panel nature and rich set of measures of well-being and behavior indicate that this association is not driven by selection or by changes in the way people define happiness. There is suggestive evidence that the negative effect of increases in neighbors' earnings on own well-being is most likely caused by interpersonal preferences, that is, people having utility functions that depend on relative consumption in addition to absolute consumption.

The multi-item lot size problem has been a formal management issue for some decades. The lot size decision of how much to produce (and when) usually considers the trade-off between lost productivity from frequent set-ups and short runs and the higher inventory costs arising from longer runs. When the decision must also consider shared limited production resources, the problem becomes complex. The paper is presented in two parts. Part I outlines a heuristic for solving the multi-item lot size problem given fixed production resources. The problem is initially structured as a network of unlimited capacity. An arc-cutting criterion is suggested, successively paring the unconstrained lot size optimum in low-cost increments until a feasible integer solution occurs. In Part II of this 2 part paper, the heuristic is extended to include variable capacity constraints. Computational results for both the fixed and variable capacity configurations and the bibliography conclude the presentation.