The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, managers and entrepreneurs, and explains the origin of the firm by focusing on entrepreneurship. A hidden action model shows how assigning residual claim to entrepreneurs can provide a better overall incentive; a hidden information model demonstrates that capitalists are given priority and have authority to select the management, because capital can signal entrepreneurial ability; and a general equilibrium entrepreneurial model shows that the...
The book addresses the entrepreneurial origin of the capitalist firm and its asymmetric contractual relationships between capitalists, workers, manage...
This book describes essential principles of and approaches to monitoring and modeling algal blooms. Freshwater algal blooms have become a growing concern worldwide. They are caused by a high level of cyanobacteria, particularly Microcystis spp. and Cylindrospermopsis raciborskii, which can produce microcystin and cylindrospermopsin, respectively. Since long-term exposure to these cyanotoxins may affect public health, the reliable detection and quantification of these harmful algae species has become a priority in water quality management.
The book utilizes an advanced monitoring...
This book describes essential principles of and approaches to monitoring and modeling algal blooms. Freshwater algal blooms have become a growing ...
