Many mechanisms (such as auctions) efficiently allocate a good to the firm which most highly values it. But sometimes the owner of the asset or good may wish to transfer it only if it is not too valuable to potential buyers. The allocation problem becomes especially difficult when the potential

Many mechanisms (such as auctions) efficiently allocate a good to the firm which most highly values it. But sometimes the owner of the asset or good may wish to transfer it only if it is not too valuable to potential buyers. The allocation problem becomes especially difficult when the potential

Summary. The Netherlands has maintained a high degree of intervention in the housing market through the 1980s. It also has a very large social rented sector which comprises 40 per cent of the total housing stock. The housing market regulation and the construction of large quantities of non-profit housing have created a stable level of production of new dwellings and an affordable housing stock. The large social rented sector offers shelter to a large population of low-income households; but it also accommodates many median and high-income groups, thereby avoiding extreme forms of housing segregation. Housing subsidies are a heavy burden on the national budget. A process of financial disengagement of the national government and the housing associations has been started. This will increase the independence of the non-profit housing sector from the political process, but will also lead to higher financial risks for the associations and more instability in this sector. 1.

In developing countries, changes in social systems and the breakdown in social structures, coupled with population growth and changing techno-logy, create a large element of unpredictability. This requires the develop-ment of creative potential in people who can adapt to the new, rather than attempting to superimpose any predetermined system. One of the capabilities of the divergent thinker is the ability to deal with new, emergent situations in creative ways. A continuous supply of such thinkers who can develop systems that are inclusive of change is required. A study was performed in 23 secondary schools in Fiji. The Alternative Uses Test and a Background Information Inventory, were administered to 2564 fifth formers (juniors in High School) of the two major ethnic groups (Indian and indigenous Fijians), males and females. Students were separated into divergent, convergent and neither as categories. A larger percentage (31%) of divergent thinkers was identified than convergent (22%) and a still larger number fell into the 'neither' category (47%). Indigenous males produced the greatest number of diver-gent responses, the difference being significant at the 0.01 level. In response to the Background Information Inventory, subjects were compared by groups. A one-way non-orthogonal analysis of variance was carried out. Differences significant at the 0.01 level were found between divergent and some other groups in both parents ' occupation and education. Various reasons for the differences between these findings and those of other studies were hypothesized.

The Youth are an integral component of the development process. Therefore require sustainable development initiatives with a gender perspective. This requires a clear understanding of the status of the household expenditures of youth by gender. But it is very important to note where to find these youth and identify areas on which they spend. Data on male and female headed households were analysis of household expenditures was done at the household level.The mean expenditure by the households and in particular the 2 group mean comparison test was used. The mean expenditure of both male and female headed households, their difference and p-values were tabulated. Then the mean differences for item categories were tested for significance at a 5 level. The findings indicated a general significant difference between the expenditure by MHHs and FHHs for both age categories and for all item categories except for education. The MHHs expenditure was higher than the FHHs with a statistically significant level of below 5 % in these item categories. However for the youth category the significant difference occurred in food expenditure. Since most of the categories of the items studied indicated that there was a significant difference between the expenditure made by youth MHHs and FHHs. This can therefore be concluded that the MHHs expenditure is higher than FHHs. This is due to the fact that women have disproportionately less income as compared to men, from which they derive their expenditures. Therefore it was recommended that

's than firms that keep their number of segment constant. Our evidence is consistent with the view that firms seek growth through diversification when they have exhausted internal growth opportunities. We fail to find evidence supportive of the view that diversification provides firms with a valuable

the most elusive asset to manage for a variety of rea-sons. The primary purpose of this article is to describe the terminology associated with human capital and its context within an organization. Its secondary purpose is to discuss the implications for the HR professional. HR prac-tice leaders who

We explore the usefulness of patent citations as a measure of the “importance ” of a firm’s patents, as indicated by the stock market valuation of the firm’s intangible stock of knowledge. Using patents and citations for 1963–1995, we estimate Tobin’s q equations on the ratios of R&D to assets

Trust is a valuable asset for business organizations (Garćıa-Marzá, 2005;

The paper deals with presenting the concept of reputational crisis as an issue in its own rights rather than just one of subsequences of any other crisis. Growing interest in reputation crisis management is determined by acknowledging a company’s reputation to be a valuable corporate asset that has