Following Jensen's inequality [ 18, 39], the reduction of variance in disposable resources makes the formation of egalitarian groups profitable whenever the fitness function (Fig. 1) is upward convex.
In 1994, the government founded three policy banks to take over the policy-related business from the four SBs to transform the latter into commercial banks, which are characterized by market-functioning and profitable institutions (García-Herrero et al., 2009).
The Chairman's channel is a profitable and political juggernaut that functions as a projection of Ailes's ego, not to mention his id.
While such advanced search functions will be profitable when large datasets are studied, the currently still manageable information in the online CAT libraries [ 11] will serve the user better if initially displayed in a broader way.
Even without the deaths, there are major problems arising from the commodification of thoroughbreds; their function is to be profitable and bring glory to their owners.
Importantly, we have made an assumption on the utility function ensuring that no profitable monopolizing pooling deviations exists.
The results are quite poor however and become even worse when the purpose is to discriminate between profitable firms and non-profitable ones because no function properly separates the two classes.
They employ dozens of workers from nearby towns, most donate apples to church and school functions, and they are profitable enough to give the next generation in the family a reason to stick around and keep the enterprise going.
In Deneckere and Davidson (1985) every merger is profitable, due to upward-sloping reaction functions.
While the University of Delaware's hotel project is expected to be profitable, the lodging also serves an educational function.
