92,747 research outputs found
Impact of Higher Education on Economic Growth of Pakistan
This paper investigates the returns of higher education on economic growth of Pakistan from 1972 to 2008 through the application of Cobb-Douglas production function. The prime objective of the study is to identify and establish a link between the higher education and economic growth of Pakistan. For this purpose the impact of higher education enrollment on economic growth is analyzed. An attempt is made, in this study, to analyze the educational trends, the strategies and challenges for higher educational and its role in overall development in the country. Furthermore, the study also delves that a well educated labor force appears to significantly affluence the economic growth. The research also provides some implications for the policy purpose to develop higher education so as to curb the use of expatriate manpower in different sectors of the economy.Education: Economic Growth: Cobb Douglas PF
A Generalization of the AL method for Fair Allocation of Indivisible Objects
We consider the assignment problem in which agents express ordinal
preferences over objects and the objects are allocated to the agents based
on the preferences. In a recent paper, Brams, Kilgour, and Klamler (2014)
presented the AL method to compute an envy-free assignment for two agents. The
AL method crucially depends on the assumption that agents have strict
preferences over objects. We generalize the AL method to the case where agents
may express indifferences and prove the axiomatic properties satisfied by the
algorithm. As a result of the generalization, we also get a speedup on
previous algorithms to check whether a complete envy-free assignment exists or
not. Finally, we show that unless P=NP, there can be no polynomial-time
extension of GAL to the case of arbitrary number of agents
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