IOSR-JEF   Volume-12 ~ Issue-1 ~ Jan. – Feb. 2021

Abstract: Public universities have in recent times come under increasing regulations from governments borne in part by governments' funding of universities. At one end, government regulations help to promote accountability and good governance in public universities. At the other end, regulations have sometimes come with a cost as they impose rigidities within which universities must operate. The resultant effect of such rigidities brought about by regulations is decreased flexibility and innovations in university operations. Generally speaking, such regulations affect various facets of universities including its governance, administration, disclosure, finances and academic freedom. This study from this backdrop primarily assesses the effects of regulations on one of the core areas of the university....

Abstract: The paper reviewed some strategies in game theory with emphasis on the economic applications of these strategies to champion decision making using both theoretic and numeral illustrations. These feats were achieved after articulating the concept of game theory, assumptions of game theory, classification of game or competitive environment, history and background of game theory, and limitations of game theory. Types of strategies in game theory, and the application thereof in decision making was illustrated with appropriate concepts and numerical illustrations. Lastly, equilibrium concepts in game theory were explained and demonstrated with some relevant illustrations. Furthermore, it was established that Nash Equilibrium is very relevant and consistent in game......

KEYWORDS: Game theory, Nash Equilibrium, prisoner's dilemma, strategies

Abstract: Kenya's manufacturing sector contributes 70% of the industrial sector production with the combined contribution of construction, building and quarrying outputs to the remaining 30%. Kenya Vision 2030 The country's economic plan recognizes the manufacturing sector as one of the fundamental pillar of sustainable annual GDP growth of 10% Manufacturing is among the pillars President Uhuru Kenyatta listed in his 'Big Four Agenda 2018-2022' that will aid in facilitating economic growth in the country. The policy makers plan to increase the contribution of the manufacturing sector to GDP from an approximate existing 8.5 percent to a projected 15 percent according to the goals of the Big 4 Agenda. Numerous problems, however, hinder the results shown by the decline in the sector from 9.6% in 2011 to 9.2% in 2012. While the rate of growth decreased from 3.4% in 2015 to 3.1% in 2016.....

KEYWORDS: Non-renewable energy, consumption, Renewable energy, Trade openness, off-grid technologies, auxiliary power