Estimating the Three-Stage Cost Malmquist Productivity Index in the Taiwan Biotech and Biopharmaceutical Industry

This paper estimates and decomposes the output-oriented three-stage cost Malmquist productivity index of the Taiwan Residents biotech and biopharmaceutical （B＆BP） industry in 2004-2007 periods. The empirical estimations proceed in three stages. Following the methodology of Yang and Huang （2009） with the assumption of variable return to scale （VRS） in the first stage, the original cost Malmquist productivity index （CM） is decomposed into five sources of productivity change： pure technical efficiency change, technical change, allocative efficiency change （AEC）, input-price effect, and cost scale efficiency change. The method of Yang and Huang （2009） is an excellent contribution, but it did not deal with the exogenous environmental variables and noises. In the second stage, the original input variables are adjusted by the exogenous environmental variables. Finally, adjusted input variables produced by the second stage are reused for obtaining the reality of CM in the third stage.

Cost control for real estate development projects in China - Part 1: Literature review

The background and purpose, and the current situation of the cost control theory of real estate development project are disscussed in the paper. Problems of cost control for real estate development projects in China are analyzed and summarized. According to the real estate development project cost control problems and related factors, a cost control index system of real estate development enterprise, and a cost control factors index system of real estate projects are constructed respectively. Cost control in the five stages of a real estate development project is introduced and summarized respectively. The five stages include: the investment decision-making, planning and design stage, the bidding phase, project implementation stage, and rental or sale.

Analysis on Evaluating Comprehensive Efficiency of Enterprise Leaders＇ Performance Based on Scientific Development Outlook

In former researches there are primary theoretical studies and qualitative analyses on enterprise leaders＇ effectiveness and performance, and there are a few studies on quantitative analyses which mostly relies on the method of comparing differences and ratio of divergence to evaluate leaders＇ performance by stage statistics. This paper illustrates how to evaluate Comprehensive Efficiency （CE） based on Scientific Development Outlook, which reflects overall development of enterprise leaders＇ performance, depends on measuring Output Efficiency Index （OEI） and Cost Efficiency Index （CEI） of enterprise leaders＇ performance, and adopts the C^2R model in Data Envelopment Analysis （DEA）.

Estimation of the True Cost of Living Index of food consumption for Chinese urban consumers

This paper studies the True Cost of Living Index(TCLI)of food consumption for all income groups of urban households in China from 1997 to 2012.Based on the Generalised Fechner-Thurstone direct utility function,this paper estimates the TCLI under variable preference assumptions,and also decomposes the total bias of the traditional Laspeyres Price Index(LPI)estimation of TCLI into substitution bias and preference variation bias.For all income group households,the estimated preference variation bias is found to be quite substantial.According to the finding,when it is necessary to apply the cost of living adjustment clause in any public welfare programmes,the TCLI calculation compatible with preference variation may be more appropriate than the usual Laspeyres Consumer Price Index estimation.

Study of Multi-objective Fuzzy Optimization for Path Planning

During path planning, it is necessary to satisfy the requirements of multiple objectives. Multi-objective synthesis is based on the need of flight mission and subjectivity inclination of decision-maker. The decision-maker, however, has illegibility for under- standing the requirements of multiple objectives and the subjectivity inclination. It is important to develop a reasonable cost performance index for describing the illegibility of the decision-maker in multi-objective path planning. Based on Voronoi dia- gram method for the path planning, this paper studies the synthesis method of the multi-objective cost performance index. Ac- cording to the application of the cost performance index to the path planning based on Voronoi diagram method, this paper ana- lyzes the cost performance index which has been referred to at present. The analysis shows the insufficiency of the cost per- formance index at present, i.e., it is difficult to synthesize sub-objective flmctions because of the great disparity of the sub-objective fimctions. Thus, a new approach is developed to optimize the cost performance index with the multi-objective fuzzy optimization strategy, and an improved performance index is established, which could coordinate the weight conflict of the sub-objective functions. Finally, the experimental result shows the effectiveness of the proposed approach.