Josef Falkinger and Volker Grossmann
This paper presents a model with flexible wages in which unemployment of low‐skilled labor is possible in equilibrium, whereas high‐skilled workers are fully employed. Thus, the…
Abstract
This paper presents a model with flexible wages in which unemployment of low‐skilled labor is possible in equilibrium, whereas high‐skilled workers are fully employed. Thus, the model can explain why even in countries with flexible labor markets and full employment of skilled labor an employment problem exists at the bottom of the skill spectrum. The model is used to evaluate the impact of technological change and increased skill supply on the employment of low‐skilled workers. It is shown that a switch to technologies with higher skill requirements unambiguously leads to a rise in unemployment of low‐skilled workers. An increase in the supply of high‐skilled labor has a positive effect on the employment level of low‐skilled labor.
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Limin Su, YongChao Cao, Huimin Li and Chengyi Zhang
The optimal payment in the whole operation and maintenance period of water environment treatment PPP projects has become the main approach to realize sustainable development of…
Abstract
Purpose
The optimal payment in the whole operation and maintenance period of water environment treatment PPP projects has become the main approach to realize sustainable development of projects. This study is aimed at constructing an effective payment model for the whole life period of projects to achieve win-win among all stakeholders, so as to provide a theoretical reference and managerial implications for the public sector in the whole operation and maintenance period.
Design/methodology/approach
In the whole operation and maintenance period of water environment treatment PPP projects, this article investigates how the public sector optimizes the payment in the whole operation and maintenance period of projects. Firstly, the projects' whole operation and maintenance period is divided into several stages according to the performance appraisal period. And then, the multi-stage dynamic programming model is constructed to design the payment construct model for the public sector in each performance appraisal stage. The payment from the public sector is the decision variable, and the deduction from the private sector is a random variable.
Findings
The optimal payment model showed that the relatively less objective weight of public sector leaded to its relatively more total payment and vice versa. Therefore, the sustainable development of the projects can only be ensured when the objective weights both of them should be balanced. Additionally, the deduction from the performance appraisal of private sector plays an important role in the model construction. The larger deduction the private sector undertakes, the smaller profits private sector has. Since the deduction at each stage is a random variable, the deduction varies with the different probability distributions obeyed by the practical deduction in each stage.
Research limitations/implications
The findings from this study have provided theoretical and application references, and some managerial implications are also given. First, the improvement of the pricing system of public sector should be accelerated. Second, the reasonable profit of the private sector must be guaranteed. While pursuing the maximization of social benefits, the public sector should make full use of the price sharing mechanism in the market and supervise the real income situation of the private sector. Third is increasing the public to participate in pricing. Additionally, it is a limitation that the deduction is assumed to conform to a uniform distribution in this study. Other probability distributions on deduction can be essentially further sought, so as to be more line with the actual situation of the projects.
Originality/value
The optimal payment in whole operation and maintenance period of the projects has become an important issue, which is a key to project success. This study constructs a multi-stage dynamic programming model to optimize payment in the whole period of projects. Additionally, this study adds its value through deeply developing the new theories of optimal payment to more suitable for the practical problems, so that to optimize the design of payment mechanism. Meanwhile, a valuable reference for public and private sectors is provided to ensure the sustainable development of the projects.
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Cemal İrfan Çalışkan and Ümit Arpacıoğlu
The purpose of this article is on the functional usability of metal additive manufacturing (AM) direct metal laser sintering (DMLS) production technology process parameters in the…
Abstract
Purpose
The purpose of this article is on the functional usability of metal additive manufacturing (AM) direct metal laser sintering (DMLS) production technology process parameters in the construction industry. In the study, the advantages of thermal optimization and weight reduction in the case of the use of foam metals obtained by changing the hatch distance the production process parameter, in the production of facade panels in the architectural field are revealed.
Design/methodology/approach
The methods in the study; production of the small scaled facade panels with nine different hatch distance parameters, determination of the thermal change with the infrared thermography method, microstructure examination, weight measurement.
Findings
The paper lays the groundwork for the manufacturability of lighter and lower thermal conductivity facade panels by changing the hatch distance parameters. Within the scope of the study, the definition of semi-open-cell foam aluminum and the product screening strategy offers innovation. Within the scope of the study, this scope is shared as an algorithmic summary. In addition, the study offers a new perspective within the scope of multiple optimizable panel production in facade panels with AM technology.
Originality/value
Hatch distance parameter change was first discussed in this study in the architectural field, and a semi-open cell foam aluminum panel was obtained with the scanning strategy determined within the scope of the study. This panel geometry, which is defined as semi-open cell foam aluminum, can be used as a design element by painting or coating the outer surface, it can be stated that it will also provide thermal and weight optimization.