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The mathematical models used to describe the dynamical behaviour of a group of closely-spaced road vehicles travelling in a single lane without overtaking are known as car-following models. This paper presents a novel car-following model, which differs from the traditional models by having an equilibrium solution that corresponds to consecutive vehicles having not only zero relative velocity, but also travelling at a certain desired distance apart. This new model is investigated using both numerical and analytical techniques. For many parameter values the equilibrium solution is stable to a periodic perturbation but, for certain parameter values, chaotic motion results. This shows that in congested traffic, even drivers attempting to follow a safe driving strategy, may find themselves driving in an unpredictable fashion.

Aim of the present monograph is the economic analysis of the role of MNEs regarding globalisation and digital economy and in parallel there is a reference and examination of some legal aspects concerning MNEs, cyberspace and e‐commerce as the means of expression of the digital economy. The whole effort of the author is focused on the examination of various aspects of MNEs and their impact upon globalisation and vice versa and how and if we are moving towards a global digital economy.

In the last four years, since Volume I of this Bibliography first appeared, there has been an explosion of literature in all the main functional areas of business. This wealth of material poses problems for the researcher in management studies — and, of course, for the librarian: uncovering what has been written in any one area is not an easy task. This volume aims to help the librarian and the researcher overcome some of the immediate problems of identification of material. It is an annotated bibliography of management, drawing on the wide variety of literature produced by MCB University Press. Over the last four years, MCB University Press has produced an extensive range of books and serial publications covering most of the established and many of the developing areas of management. This volume, in conjunction with Volume I, provides a guide to all the material published so far.

Presents over sixty abstracts summarising the 1999 Employment Research Unit annual conference held at the University of Cardiff. Explores the multiple impacts of globalization on work and employment in contemporary organizations. Covers the human resource management implications of organizational responses to globalization. Examines the theoretical, methodological, empirical and comparative issues pertaining to competitiveness and the management of human resources, the impact of organisational strategies and international production on the workplace, the organization of labour markets, human resource development, cultural change in organisations, trade union responses, and trans‐national corporations. Cites many case studies showing how globalization has brought a lot of opportunities together with much change both to the employee and the employer. Considers the threats to existing cultures, structures and systems.

The Bureau of Economics in the Federal Trade Commission has a three-part role in the Agency and the strength of its functions changed over time depending on the preferences and ideology of the FTC’s leaders, developments in the field of economics, and the tenor of the times. The over-riding current role is to provide well considered, unbiased economic advice regarding antitrust and consumer protection law enforcement cases to the legal staff and the Commission. The second role, which long ago was primary, is to provide reports on investigations of various industries to the public and public officials. This role was more recently called research or “policy R&D”. A third role is to advocate for competition and markets both domestically and internationally. As a practical matter, the provision of economic advice to the FTC and to the legal staff has required that the economists wear “two hats,” helping the legal staff investigate cases and provide evidence to support law enforcement cases while also providing advice to the legal bureaus and to the Commission on which cases to pursue (thus providing “a second set of eyes” to evaluate cases). There is sometimes a tension in those functions because building a case is not the same as evaluating a case. Economists and the Bureau of Economics have provided such services to the FTC for over 100 years proving that a sub-organization can survive while playing roles that sometimes conflict. Such a life is not, however, always easy or fun.

The objective of this research work is to study the artificial intelligence (AI)-based product benefits and problems of the agritech industry. The research variables were developed from the existing review of literature connecting to AI-based benefits and problems, and 90 samples of primary data from agritech industry managers were gathered using a survey of a well-structured research questionnaire. The statistical package of IBM-SPSS 21 was utilized to analyze the data using the statistical techniques of descriptive and inferential statistical analysis. Results show that better information for faster decision-making has been ranked as the topmost AI benefit. This implies that the executives of agritech units have a concern about the quality of decisions they make and resistance to change from employees and internal culture has been ranked as the topmost AI problem.

Investigates the differences in protocols between arbitral tribunals and courts, with particular emphasis on US, Greek and English law. Gives examples of each country and its way of using the law in specific circumstances, and shows the variations therein. Sums up that arbitration is much the better way to gok as it avoids delays and expenses, plus the vexation/frustration of normal litigation. Concludes that the US and Greek constitutions and common law tradition in England appear to allow involved parties to choose their own judge, who can thus be an arbitrator. Discusses e‐commerce and speculates on this for the future.

Effective management and utilisation of plant history data can considerably improve plant and equipment performance. This rationale underpins statistical and mathematical models for exploiting plant management data more efficiently, but industry has been slow to adopt these models. Reasons proffered for this include: a perception of models being too complex and time consuming; and an inability of their being able to account for dynamism inherent within data sets. To help address this situation, this research developed and tested a web‐based data capture and information management system. Specifically, the system represents integration of a web‐enabled relational database management system (RDBMS) with a model base management system (MBMS). The RDBMS captures historical data from geographically dispersed plant sites, while the MBMS hosts a set of (Autoregressive Integrated Moving Average – ARIMA) time series models to predict plant breakdown. Using a sample of plant history file data, the system and ARIMA predictive capacity were tested. As a measure of model error, the Mean Absolute Deviation (MAD) ranged between 5.34 and 11.07 per cent for the plant items used in the test. The Root Mean Square Error (RMSE) values also showed similar trends, with the prediction model yielding the highest value of 29.79 per cent. The paper concludes with direction for future work, which includes refining the Graphical User Interface (GUI) and developing a Knowledge Based Management System (KBMS) to interface with the RDBMS.