Optimality of a Linear Decision Rule in Discrete Time AK Model

Surprisingly, formal proof on the optimality of a linear decision rule in the discrete time AK model with a CRRA utility function has not been established in the growth literature while that in the continuous time counterpart is well-established. This note fills such a gap: I provide a formal proof that consumption being linearly related to investment is a sufficient and necessary condition for Pareto optimality in the discrete time AK model.

Disjoint topological transitivity for weighted translations generated by group actions

In this note, we give a sufficient and necessary condition for weighted translations, generated by group actions, to be disjoint topologically transitive in terms of the weights, the group element and the measure. The characterization of disjoint topological mixing is obtained as well. Moreover, we apply the results to the quotient spaces of locally compact groups and hypergroups.

On the Recurrent C 0 -Semigroups, Their Existence, and Some Criteria

In this paper, recurrent C 0 -semigroups are introduced and investigated. It is proved that, despite hypercyclic C 0 -semigroups, recurrent C 0 -semigroups can be found on finite-dimensional Banach spaces. Some criteria are stated for recurrence, which is based on open sets, neighborhoods of zero, and special eigenvectors. It is established that having a dense set of recurrent vectors is a sufficient and necessary condition for a C 0 -semigroup to be recurrent. Moreover, the direct sum of recurrent C 0 -semigroups is investigated.

Characterizations of Double Commutant Property on B H

Let H be a complex Hilbert space. Denote by B H the algebra of all bounded linear operators on H . In this paper, we investigate the non-self-adjoint subalgebras of B H of the form T + B , where B is a block-closed bimodule over a masa and T is a subalgebra of the masa. We establish a sufficient and necessary condition such that the subalgebras of the form T + B has the double commutant property in some particular cases.

An Algorithm for Finding a Minimal Solution to Fuzzy Relation Inequalities with Addition-Min Composition

We first show a sufficient and necessary condition that a solution of fuzzy relation inequalities with addition-min composition is a minimal one. We then prove that for every solution of the fuzzy relation inequalities there exists a minimal solution that is less than or equal to the solution in a very different way. We finally give an algorithm to find a minimal solution for a given solution, which is illustrated by numerical examples.

Research on the Relationship between Shared Leadership and Individual Creativity-Qualitative Comparative Analysis on the Basis of Clear Set

Creativity is the key to obtaining and maintaining competitiveness of modern organizations, and it has attracted much attention from academic circles and management practices. Shared leadership is believed to effectively influence team output. However, research on the impact of individual creativity is still in its infancy. This study adopts the qualitative comparative analysis method, taking 1584 individuals as the research objects, underpinned by a questionnaire-based survey. It investigates the influence of the team’s shared leadership network elements and organizational environmental factors on the individual creativity. We have found that there are six combination of conditions of shared leadership and organizational environmental factors constituting sufficient combination of conditions to increase or decrease individual creativity. Moreover, we have noticed that the low network density of shared leadership is a sufficient and necessary condition of reducing individual creativity. Our results also provide management suggestions for practical activities during the team management.

Sufficient and necessary conditions for oscillation of linear fractional-order delay differential equations

This paper studies the linear fractional-order delay differential equation $$ {}^{C}D^{\alpha }_{-}x(t)-px(t-\tau )= 0, $$ D − α C x ( t ) − p x ( t − τ ) = 0 , where $0<\alpha =\frac{\text{odd integer}}{\text{odd integer}}<1$ 0 < α = odd integer odd integer < 1 , $p, \tau >0$ p , τ > 0 , ${}^{C}D_{-}^{\alpha }x(t)=-\Gamma ^{-1}(1-\alpha )\int _{t}^{\infty }(s-t)^{- \alpha }x'(s)\,ds$ D − α C x ( t ) = − Γ − 1 ( 1 − α ) ∫ t ∞ ( s − t ) − α x ′ ( s ) d s . We obtain the conclusion that $$ p^{1/\alpha } \tau >\alpha /e $$ p 1 / α τ > α / e is a sufficient and necessary condition of the oscillations for all solutions of Eq. (*). At the same time, some sufficient conditions are obtained for the oscillations of multiple delays linear fractional differential equation. Several examples are given to illustrate our theorems.