With the rapid development of the information technology and the popularization of the Internet, the efficient electronic commerce is taking the place of the traditional commerce since 1990’s.
The existence of general equilibrium for the infinite horizon economy is proved by taking limit of equilibria in truncated economies in which trade stops at a sequence of dates.
The most important feature of the proposed scheme lies in that it can be explicitly tuned with a single parameter for the trade-off between performance and stability of the AQM control system.
The purpose of present work is to examine the financial problem of finding the universal reservation prices of a European call option written on exchange rate when there is proportional transaction costs of trading foreign currency in the market.
The oceans cover almost three-quarters of the earth's surface and provide a highway for commerce or conquest and constitute a rich source of nutrients, materials and energy.
This paper proposes a modern approach based on organizational structures and architectural description languages to define and specify agent architectures notably in the case of e-commerce system design.
The author's method for evaluation of product competitiveness in the context of modern international trade is described with special reference to the agri-food sector.
That development is likely to have far reaching consequences not only for international trade relations but also for knowledge production and social communication.
The export trade of tortoises of the genus Testudo from Turkey between 1976 and 2004 is reviewed using compiled import data from the CITES (the Convention International Trade in Endangered Species of Wild Fauna and Flora) data base.