WorldWideScience

Sample records for industrial assets philosophical

  1. Intangible Assets Valuation in the Hospitality Industry

    OpenAIRE

    Du, Ruixue

    2013-01-01

    Market value of firms and book value of firms are rarely the same. The difference, which is attributed to unrecorded or unrecognized intangible assets, has increased significantly since the 1970s. The issue of appropriately valuing these intangible assets, however, still remains unresolved. The purpose of this study is to address this lack of understanding of valuing intangible assets in the hospitality industry. Five intangible asset investments: Research and Development, Training, Advertisi...

  2. A Theoretical Assessment on Optimal Asset Allocations in Insurance Industry

    Directory of Open Access Journals (Sweden)

    Bilel Jarraya

    2013-10-01

    Full Text Available In recent years the financial markets known a rapid development and become more and more complex. So, many regulatory requirements, focused on banks as well as insurance sector, have been developed. These regulatory are concentrated essentially on business risk control and required capital to cover risks. These requirements have influenced the asset allocation issue in insurance industry. These requirements have influenced the asset allocation issue in insurance industry. This section is interested by this issue. In first time it highlights some research works in this issue. Then we will investigate the relation between Solvency and optimal asset allocation. Finally we will explore the principal used methods in modeling asset and in choosing the optimal portfolio composition.

  3. IT Asset Management of Industrial Automation Systems

    Institute of Scientific and Technical Information of China (English)

    2005-01-01

    The installation and administration of large heterogeneous IT infrastructures, for enterprises as well industrial automation systems,are becoming more and more complex and time consuming. The growing number of interconnections between networks, the development of new intelligent IT devices, and increasingly sophisticated computer hardware and software, require in-depth knowledge of IT protocols,interfaces, and standards to manage such infrastructures. The exponential growth of the World Wide Web and new IT technologies enable further integration of software and hardware systems across company boundaries.

  4. Online Monitoring of Plant Assets in the Nuclear Industry

    Energy Technology Data Exchange (ETDEWEB)

    Nancy Lybeck; Vivek Agarwal; Binh Pham; Richard Rusaw; Randy Bickford

    2013-10-01

    Today’s online monitoring technologies provide opportunities to perform predictive and proactive health management of assets within many different industries, in particular the defense and aerospace industries. The nuclear industry can leverage these technologies to enhance safety, productivity, and reliability of the aging fleet of existing nuclear power plants. The U.S. Department of Energy’s Light Water Reactor Sustainability Program is collaborating with the Electric Power Research Institute’s (EPRI’s) Long-Term Operations program to implement online monitoring in existing nuclear power plants. Proactive online monitoring in the nuclear industry is being explored using EPRI’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software, a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. This paper focuses on development of asset fault signatures used to assess the health status of generator step-up transformers and emergency diesel generators in nuclear power plants. Asset fault signatures describe the distinctive features based on technical examinations that can be used to detect a specific fault type. Fault signatures are developed based on the results of detailed technical research and on the knowledge and experience of technical experts. The Diagnostic Advisor of the FW-PHM Suite software matches developed fault signatures with operational data to provide early identification of critical faults and troubleshooting advice that could be used to distinguish between faults with similar symptoms. This research is important as it will support the automation of predictive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  5. KNOWLEDGE ASSETS IN SERVICES ACROSS INDUSTRIES AND ACROSS TIME

    Directory of Open Access Journals (Sweden)

    Erickson, G. Scott

    2015-05-01

    Full Text Available This paper explores the question of whether knowledge assets are more developed in services industries than in non-services. The concept of the “knowledge economy” has always gone hand-in-hand with growth in the percentage of the economy represented by services. Two multi-year, multi-industry datasets are used to directly compare the knowledge asset levels in service industry firms against those in non-service industry firms. Service industries do, indeed, reflect higher levels of intellectual capital in recent years, but did not do so a decade ago. Further, there is considerable evidence of changes in specific service and non-service industries over the time period, adding details to the finding that knowledge development is not static but does vary over time and circumstance. These results open up a number of promising research directions that could lead to a better understanding of the nature of these differing circumstances and how better strategic choices might be made regarding investments in knowledge management.

  6. Intangible asset valuation, damages, and transfer price analyses in the health care industry.

    Science.gov (United States)

    Reilly, Robert F

    2010-01-01

    Most health care industry participants own and operate intangible assets. These intangible assets can be industry-specific (e.g., patient charts and records, certificates of need, professional and other licenses), or they can be general commercial intangible assets (e.g., trademarks, systems and procedures, an assembled workforce). Many industry participants have valued their intangible assets for financial accounting or other purposes. This article summarizes the intangible assets that are common to health care industry participants. This article describes the different types of intangible asset analyses (including valuation, transfer price, damages estimates, etc.), and explains the many different transaction, accounting, taxation, regulatory, litigation, and other reasons why industry participants may wish to value (or otherwise analyze) health care intangible assets.

  7. A review of the use of asset information standards for collaboration in the process industry

    NARCIS (Netherlands)

    Braaksma, Anne Johannes Jan; Klingenberg, Warse; van Exel, Paul

    2011-01-01

    In this article the use of asset information standards for collaboration in the process industry is reviewed based on a survey of the literature and two case studies. The investigation shows that the process industry appears to have had only limited success in introducing such standards so far, desp

  8. A review of the use of asset information standards for collaboration in the process industry

    NARCIS (Netherlands)

    Braaksma, Anne Johannes Jan; Klingenberg, Warse; van Exel, Paul

    2011-01-01

    In this article the use of asset information standards for collaboration in the process industry is reviewed based on a survey of the literature and two case studies. The investigation shows that the process industry appears to have had only limited success in introducing such standards so far,

  9. IoT-based Asset Management System for Healthcare-related Industries

    Directory of Open Access Journals (Sweden)

    Lee Carman Ka Man

    2015-11-01

    Full Text Available The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS is proposed and developed based on Artificial Neural Network (ANN and Fuzzy Logic (FL, incorporating IoT technologies for asset management to optimize the supply of resources.

  10. Development of Asset Fault Signatures for Prognostic and Health Management in the Nuclear Industry

    Energy Technology Data Exchange (ETDEWEB)

    Vivek Agarwal; Nancy J. Lybeck; Randall Bickford; Richard Rusaw

    2014-06-01

    Proactive online monitoring in the nuclear industry is being explored using the Electric Power Research Institute’s Fleet-Wide Prognostic and Health Management (FW-PHM) Suite software. The FW-PHM Suite is a set of web-based diagnostic and prognostic tools and databases that serves as an integrated health monitoring architecture. The FW-PHM Suite has four main modules: Diagnostic Advisor, Asset Fault Signature (AFS) Database, Remaining Useful Life Advisor, and Remaining Useful Life Database. This paper focuses on development of asset fault signatures to assess the health status of generator step-up generators and emergency diesel generators in nuclear power plants. Asset fault signatures describe the distinctive features based on technical examinations that can be used to detect a specific fault type. At the most basic level, fault signatures are comprised of an asset type, a fault type, and a set of one or more fault features (symptoms) that are indicative of the specified fault. The AFS Database is populated with asset fault signatures via a content development exercise that is based on the results of intensive technical research and on the knowledge and experience of technical experts. The developed fault signatures capture this knowledge and implement it in a standardized approach, thereby streamlining the diagnostic and prognostic process. This will support the automation of proactive online monitoring techniques in nuclear power plants to diagnose incipient faults, perform proactive maintenance, and estimate the remaining useful life of assets.

  11. The application of intangible asset accounting and discretionary policy choices in the UK football industry

    OpenAIRE

    Rowbottom, Nicholas

    2002-01-01

    This paper investigates the use of intangible asset accounting and the selection of accounting policies in the football industry, an environment where discretionary choices were available concerning accounting for transfer fees. Additionally, companies in this dynamic and socially influential industry are unique in recognising investments in human resources on the balance sheet. Proxies representing the level of tax costs, equity depletion, underwriter pressure and auditors used are found to ...

  12. IoT-based Asset Management System for Healthcare-related Industries

    OpenAIRE

    2015-01-01

    The healthcare industry has been focusing efforts on optimizing inventory management procedures through the incorporation of Information and Communication Technology, in the form of tracking devices and data mining, to establish ideal inventory models. In this paper, a roadmap is developed towards a technological assessment of the Internet of Things (IoT) in the healthcare industry, 2010–2020. According to the roadmap, an IoT-based healthcare asset management system (IoT-HAMS) is proposed and...

  13. Disclosure of immobilized assets on companies sector industrial goods of BM&FBovespa

    Directory of Open Access Journals (Sweden)

    Sueli Viviani

    2014-12-01

    Full Text Available The study examined the process of disclosure of Industrials companies listed on the BM&FBovespa, after the convergence of Brazilian accounting to IFRS, in accordance with CPC 27 - Fixed Assets . Was carried a descriptive study, conducted through content analysis and quantitative approach using the calculation of entropy proposed by Zeleny (1982. The sample consists of 34 companies in the Industrial Goods sector listed on the BM&FBovespa. The results revealed that the disclosure of items of fixed assets is not performed homogeneously by companies. Some requirements required by CPC 27 were reported incompletely or are absent. A detailed analysis of the items investigated stressed that disclosure to class of fixed assets, was the best performed, followed by depreciation policies adopted by companies, it was observed that most companies show so complete this information. The information highlighted regarding the reconciliation of the carrying amount, had higher entropy, hence there is greater heterogeneity in this items reported. The disclosure of other information about the property, deemed necessary by CPC27, were less prominent by the companies, not apply in some cases or for being absent in the notes. In general, we concluded that the analyzed companies have been responding only partially to the disclosure requirements of CPC 27. However, the basic and more important information to the external user, concerning the class of assets and depreciation rates are being shown.

  14. Formation of intangible assets and their impact on the market value of industrial enterprises

    Directory of Open Access Journals (Sweden)

    O.V. Melnyk

    2013-09-01

    Full Text Available The aim of the article. The aim of the article is to generalize conceptual approaches to the peculiarities of formation of intangible assets of the company in the context of strategic management, aimed at their effective involvement into economic circulation, in turn, will promote the growth of the capitalization of the ompany, having regard to the fundamental factors of the development of knowledge economy.The results of the analysis. In the context of deliberate influence formation (target management and strategic positioning and development we suggest classifying IA on the basis of their structurization according to the criterion of distinguishing basic sources of their formation, namely, intellect, provisions of law, economic activity, business processes and value chain formation. Thus. we distinguish between IA of marketing type, technical and technological type and cognitive type, which, in turn, enables a systematic approach to the development of a model of strategic-oriented management of the IA company. This classification also makes it possible to focus on the role of intangible assets in the process of establishing the market value of the company.Marketing type IA for industries with a long term production cycle, characterized by the variable impact, do not create a key factor of the industry success. But, on the other side of the coin, marketing intangible assets have stable and direct effect on the food industry enterprises that show continuing update of their product portfolio and have short production cycle (product has been developed, advertised, loyalty system has been created and implemented with its supporting measures and finally the cost of the company has increased. The Mars, which was founded in 1911 can be served as an example of the IA sustainable impact. The key point here is that the main part of the firm's value consists of the range of seventeen brands. Technical and technological types of the IA require a long time

  15. The problem of reproduction of basic assets in industry as the Barrier for neoindustrial transformation of regional economy

    Directory of Open Access Journals (Sweden)

    Mirolubova T.V.

    2017-01-01

    Full Text Available Theoretical principles of neoindustrial transformation and basic assets reproduction have been studied in the article. It has been reviewed historical approaches to the disclosure of the examined conceptions for the purpose of defining the extent of every presented concept’s reflection of the most important aspects in the analyzed categories. The authors considered one of the internal factors being an obstacle in the new way of Russian development – reproductive process of basic assets in industry. There have been determined the rates of investment growth in capital asset, the growth rates of capital renewals, and the growth rates of basic assets depreciation according to the types of industrial economic activity. There have been revealed general problems of regional industry development connected with reproduction of basic assets. The authors of the article have made a conclusion about the essential improvement of reproductive processes in the regional industry by means of parallel processes’ stimulation: elimination of worn assets from the economic turnover and increase of investment in capital assets aimed at renewal of conventional production and conferring high-tech character to the fields identifying basic competencies of industrial region.

  16. Fixed-asset investment in textile industry slows in Q1-Q3 as cubs weigh on economy

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    Fixed asset investment growth in China’s textile industry slowed in the first three quarters this year, mainly resulting from the yuan appreciation, the rising material and labor costs, as well as dismal overseas market hit by the subprime lending crisis. From January to September, the total fixed-assets investment in the textile industry was up 10.15% to RMB 202.269 billion year-on-year,

  17. Chemical Industry Corrosion Management: A Comprehensive Information System (ASSET 2). Final Report

    Energy Technology Data Exchange (ETDEWEB)

    John, Randy C. [Shell Global Solutions, Houston, TX (United States); Young, Arthur L. [Humberside Solutions, Toronto, ON (Canada); Pelton, Arthur D. [CRCT, Ecole Polytechnique de Montreal, Quebec (Canada); Thompson, William T. [Royal Military College of Canada, Kingston, ON (Canada); Wright, Ian G. [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States)

    2008-10-10

    The research sponsored by this project has greatly expanded the ASSET corrosion prediction software system to produce a world-class technology to assess and predict engineering corrosion of metals and alloys corroding by exposure to hot gases. The effort included corrosion data compilation from numerous industrial sources and data generation at Shell Oak Ridge National Laboratory and several other companies for selected conditions. These data were organized into groupings representing various combinations of commercially available alloys and corrosion by various mechanisms after acceptance via a critical screening process to ensure the data were for alloys and conditions, which were adequately well defined, and of sufficient repeatability. ASSET is the largest and most capable, publicly-available technology in the field of corrosion assessment and prediction for alloys corroding by high temperature processes in chemical plants, hydrogen production, energy conversion processes, petroleum refining, power generation, fuels production and pulp/paper processes. The problems addressed by ASSET are: determination of the likely dominant corrosion mechanism based upon information available to the chemical engineers designing and/or operating various processes and prediction of engineering metal losses and lifetimes of commercial alloys used to build structural components. These assessments consider exposure conditions (metal temperatures, gas compositions and pressures), alloy compositions and exposure times. Results of the assessments are determination of the likely dominant corrosion mechanism and prediction of the loss of metal/alloy thickness as a function of time, temperature, gas composition and gas pressure. The uses of these corrosion mechanism assessments and metal loss predictions are that the degradation of processing equipment can be managed for the first time in a way which supports efforts to reduce energy consumption, ensure structural integrity of equipment

  18. A study of how asset management and condition based maintenance can improve utilization of assets involved in the O&G industry on the NCS

    OpenAIRE

    Kallevåg, Per Hillesøy

    2015-01-01

    In the highly competitive and customer oriented oil and gas industry on the Norwegian Continental Shelf, organizations experience increasingly higher demands for efficiency and optimization of performance. The market conditions have in fact become so unforgiving that only minutes of downtime of equipment could result in substantial losses of income. Thus it can be understood that the ability to manage and operate complex offshore assets in such a way that they can deliver their functional ...

  19. Asset-backed Securitization -- a New Financing Channel for the Telecom Industry

    Institute of Scientific and Technical Information of China (English)

    2003-01-01

    Telecom enterprises are in urgent need of a large amount of funds for updating networks and expanding market shares, while asset-backed securitization is the most rapidly and vigorously growing product of financial innovation in the international capital market. Since telecom asset is characterized by long recovery period, poor liquidity, high quality and stable cash flow, which are the basic conditions for using asset-backed securitization to finance, asset-backed securitization can be a new financing way for telecom enterprises.

  20. The Impact of Leased and Rented Assets on Industry Productivity Measurement

    OpenAIRE

    Wang, Weimin; Moussaly, Karim

    2014-01-01

    Leasing is an important means of gaining access to assets, of obtaining finance, and of reducing a lessee?s exposure to the risks inherent to asset ownership. A lease can be either a financial lease (capital lease) or an operating lease (capital rental). A financial lease is one where the legal owner of an asset (lessor) passes the economic ownership to the user of the asset (lessee), who then accepts the operating risks and receives the economic benefits from using the asset in a productive ...

  1. Philosophical Prostitution

    OpenAIRE

    Amihud Gilead

    2010-01-01

    Problem statement: This research was needed because some philosophers were subject to a form of blindness concerning prostitution. This blindness was caused mainly by a lack of philosophical insights. The context of the work was that valid arguments without such insights must be blind. In the case of prostitution, I termed such blindness a philosophical prostitution: First of all, this was to indicate that such an opinion on prostitution was a philosophical artifact or fiction, entirely unawa...

  2. Examining the relation between intangible assets and technical efficiency in the international textile and clothing industry

    NARCIS (Netherlands)

    Kapelko, M.; Oude Lansink, A.G.J.M.

    2014-01-01

    The resource-based view of the firm suggests that intangible assets have a positive impact on firm performance. This study examined the relation between intangible assets and technical efficiency of textile and clothing firms. A double bootstrap data envelopment analysis approach was used to measure

  3. ANALYSIS OF CORRELATION BETWEEN INDICATORS OF ASSET MANAGEMENT AND PROFITABILITY FOR COMPANIES IN THE FOOD INDUSTRY SPANISH

    Directory of Open Access Journals (Sweden)

    Marian SIMINICA

    2016-12-01

    Full Text Available The research paper aims at presenting the correlation between indicators of asset management and enterprise results, results reflected through the two rates of return: the return on assets and return on equity rate. In terms of industry chosen we can say that the food industry because of perishability specific production, is of great importance in terms of more efficient asset management. In terms of the chosen research area we can say that the starting point it took research methodology itself. Thus, given that the correlation analysis is performed using the research platform SABI Neo platform found in heritage University of Rioja - Spain, we used the financial data of the companies in the food industry Spanish, namely companies found in Rioja - Spain . The number of companies of the region Rioja - Spain having as object of activity is but the 219 companies that we have included in our study of 115 companies. SABI correlation analysis performed by Neo platform was performed using Pearson correlation index, the period under review is 2011-2014

  4. The Research on the Regulation to the Compensated Utilization of the Resource Assets in Telecommunication Service Industry: Wireless Frequency as a Study Case

    Institute of Scientific and Technical Information of China (English)

    2003-01-01

    This Paper focuses on the compensated utilization of resource assets such as wireless frequency. It supplies the methods of estimating value of resource assets based on the analysis of its characteristics. It also analyzes the compensated policy-making and its affects on the Telecommunication Service Providers (TSP) performance gained by using resource assets. The results of the research indicate that the compensated utilization will promote the TSP to improve their economic efficiency, and aid to build a fairer competitive environment in Telecommunication Service Industry (TSI) in China.

  5. Philosophical Prostitution

    Directory of Open Access Journals (Sweden)

    Amihud Gilead

    2010-01-01

    Full Text Available Problem statement: This research was needed because some philosophers were subject to a form of blindness concerning prostitution. This blindness was caused mainly by a lack of philosophical insights. The context of the work was that valid arguments without such insights must be blind. In the case of prostitution, I termed such blindness a philosophical prostitution: First of all, this was to indicate that such an opinion on prostitution was a philosophical artifact or fiction, entirely unaware of the reality in which prostitution can be possible, a reality in which prostitution inevitably entailed regular acts of rape. The second point I made was a moral one, which was even more pejorative. Conclusion/Recommendations: We should consider the problem of prostitution on quite different grounds in stark contrast with some prevalent philosophical views. Prostitution should be considered as the worse form of slavery. I could not find any philosophical argument that may justify slavery under any circumstances. Exploiting prostitutes should be considered as rape, which must be simply immoral and legally intolerable. Thus the pimps and the “clients” (actually, rapists should be punished by law and exploiting prostitutes should be treated as strictly illegal.

  6. Adapting Modern Portfolio Theory For Prioritising Asset Care Planning In Industry

    Directory of Open Access Journals (Sweden)

    Van den Honert, Andrew Francis

    2014-05-01

    Full Text Available Productivity improvement within any organisation can lead to increased turnover. This study focuses on developing a maintenance productivity improvement model that is based upon an established financial investment portfolio technique known as the Modern Portfolio Theory (MPT. The model can be used as a tool to minimise and diversify the long term risk associated with variances or fluctuations in the increase in productivity in multiple maintenance service centres. This is achieved by optimising the most efficient way of splitting resources, such as time and money, between these multiple service centres, resulting in increased productivity and a more constant maintenance work load. This model is verified through the use of an efficient frontier, resulting in a graphical method to determine the link between the expected increase in productivity and the standard deviation of the increase in productivity. Ultimately this model can be adapted for use in many sectors within an organisation, over and above the application in maintenance prioritisation. This study concludes that the model offers a simple tool to aid decision-making among various combinations of assets within a maintenance context; and this model, adapted from MPT, was successfully validated with the use of an efficient frontier.

  7. Pharma TARP: A Troubled Asset Relief Program for Novel, Abandoned Projects in the Pharmaceutical Industry

    Directory of Open Access Journals (Sweden)

    Tamas Bartfai

    2011-01-01

    Full Text Available Within days of each other, Pfizer, Merck, and GlaxoSmithKline announced that they will focus on a few therapeutic areas only and abandon others entirely. Pfizer alone will close well over a hundred drug development projects that have reached two-thirds of the way to launch. The programs are deemed to be too risky and not lucrative enough for Big Pharma in the current climate. Society has a real need for the drugs that are no longer going to be developed for, among others, drug-resistant epilepsy, neuropathic and cancer pain, type-2 diabetes, obesity, and schizophrenia. The authors propose a radical response by the U.S. government and the National Institutes of Health to rescue these abandoned projects, and to continue selected programs for drug approval by the U.S. Food and Drug Administration and the European Medicines Agency. The investment required is small compared to the Troubled Asset Relief Program bank bail out, but the return on investment in financial terms and in satisfying societal needs makes this proposal attractive.

  8. Garment and Cotton Textile Investments Soar The Analysis of Fixed-Asset Investment in China’s Textile Industry from Jan.to Aug.2009

    Institute of Scientific and Technical Information of China (English)

    2009-01-01

    From Jan.to Aug.2009,total statistics-worthy fixed-assets investment (over CNY 5million) in the textile industry was up 6.55% to CNY 188.245 billion year-on-year,but that was 4.58 percentage points less than the growth rate of the same period last year.During the Jan.-Aug. 2009

  9. Asset Allocation in the Euro-Zone : Industry or Country Based?

    NARCIS (Netherlands)

    Eiling, E.; Gerard, B.; de Roon, F.A.

    2005-01-01

    We investigate the relative importance of country and industry factors as determinants of international equity returns in the Euro-zone over the period 1990 to 2003.We conduct our analysis from a portfolio performance perspective, using mean-variance spanning and efficiency tests as well as style

  10. Fixed-assets Investment Rises in China’s Magnesium Industry

    Institute of Scientific and Technical Information of China (English)

    2008-01-01

    <正>China’s magnesium industry continues to de- velop in a quick pace in 2009,with a stable in- crease in its production,export,and consump- tion volumes,and the magnesium price remains on a high level both in the domestic and inter- national markets,contributing to the large

  11. Asset Allocation in the Euro-Zone : Industry or Country Based?

    NARCIS (Netherlands)

    Eiling, E.; Gerard, B.; de Roon, F.A.

    2005-01-01

    We investigate the relative importance of country and industry factors as determinants of international equity returns in the Euro-zone over the period 1990 to 2003.We conduct our analysis from a portfolio performance perspective, using mean-variance spanning and efficiency tests as well as style an

  12. After-sales service of engineering industrial assets a reference framework for warranty management

    CERN Document Server

    González-Prida Díaz, Vicente

    2014-01-01

    This book explores the practical implementation of an advanced after-sales management framework devoted to warranty management. The framework is intended for companies producing either standardized or customized products, and such a management tool will facilitate organizational improvement and support innovative decision making processes for technical assistance in after-sales services.  “After–sales Service of Engineering Industrial Assets” comprises a proposal for a warranty management framework, with an account of the different methods that can be used to improve decision making in the different stages of the after-sales service management process, and strategies for strengthening the structure and foundations of the framework. A review of the fundamental issues and current research topics in warranty management and after sales services is also provided, which is exemplified by a case study. This book is intended for postgraduates, researchers and engineers who are interested in aftersales manageme...

  13. 资产证券化条件下信托业的机遇和对策%Opportunities and Strategies Conditions under Asset Securitization Trust Industry

    Institute of Scientific and Technical Information of China (English)

    王婷婷; 张欢

    2016-01-01

    近些年,随着利率市场化步伐的不断加快,信托业传统的依靠高收益形成的竞争优势不再明显,其发展面临严峻挑战,核心业务缺乏、产品流动性差、竞争激烈等一系列问题突出,信托公司的转型日益紧迫.资产证券化是近半个世纪以来发展最迅速的金融创新之一,对于盘活存量资金意义重大,我国商业银行、券商已经纷纷开展资产证券化业务.资产证券化中风险隔离和资产独立制度和信托财产的独立性十分契合,为信托业开辟新的发展渠道提供了机遇.我国资产证券化虽然起步较晚,但是市场潜力巨大,信托公司应抓住资产证券化浪潮机遇,主动应对,形成核心竞争力,实现发展模式转型升级.%In recent years, as interest rates continue to accelerate the pace of market, trust industry rely on the traditional form of high-yield competitive advantage is no longer obvious, its development faces severe challenges, the lack of core business, illiquid products, intense competition and a series of issues outstanding transition trust increasingly urgent. Asset securitization is one of the financial innovations of nearly 50 years, the most rapid development, revitalize the stock funds is of great significance, banks, brokerages have launched asset securitization business. Independence of trust assets and asset securitization and asset independent risk isolation system is very fit, for the transformation of the trust industry provided an opportunity. Asset Securitization in China despite a late start, but the market potential is huge, trust companies can take advantage of their strengths, to seize the opportunities the wave of asset securitization, active response, formed the core competitiveness and achieve development mode transformation and upgrading.

  14. A Comparative Study on Customer Assets Model between Chinese and Korean Fashion Industry%中韩两国时装产业中顾客资产模型的比较研究

    Institute of Scientific and Technical Information of China (English)

    张昊; 赵晓煜

    2014-01-01

    将顾客资产模型应用到时装市场领域,以拓展该模型的应用范围,并且验证该模型是否受到文化差异的影响。采用问卷调查法收集数据,并分析数据。结果表明,在顾客资产的三大驱动要素中,只有关系资产和品牌资产对时装企业的顾客资产产生显著影响。另外,在中韩两国,这两个驱动要素对顾客资产的影响也存在显著差异。%This paper applies Customer Assets Model into fashion industry to expand its scope of application,and tries to test whether the model can be influenced by cultural differences. The data are collected by using survey questionnaires. The results show that only relationship assets and brand assets have significant influences on customer assets among the three drivers of cus-tomer assets. In addition, the effects of relationship assets and brand assets are also significantly different in Korean and Chi-nese fashion industry.

  15. 建筑业上市公司资本结构对资产结构影响的研究%Impact of Capital Structure on Asset Structure of Listed Companies in Construction Industry

    Institute of Scientific and Technical Information of China (English)

    潘立生; 陆维红; 盛夏

    2012-01-01

    Based on the 2009-2010 data of listed companies in construction industry,the influence of capital structure on asset structure is studied.The results show that earning assets ranks the first in the asset structure of listed companies in domestic construction industry,the ratio of asset-liability is high and it has positive correlation with earning assets;the ratio of non-current liabilities is low and it has negative correlation with earning assets.In the sources of debt,the proportion of commercial credit is high but it has negative correlation with earning assets;the proportion of bank credit is low and its relation to earning assets is not strong.%以建筑业上市公司2009-2010年数据为基础,考察资本结构对资产结构的影响。研究结果表明,我国建筑业上市公司的资产结构中收益性资产比重居于首位,资产负债率比重较高并与收益性资产有显著的正相关关系;非流动负债的比重较低,与收益性资产是负相关关系。在负债来源中,商业信用比重较高但与收益性资产呈现负相关关系;银行信用比重较低,和收益性资产的关联性不强。

  16. Asset Meltdown

    DEFF Research Database (Denmark)

    Marekwica, Marcel; Maurer, Raimond; Sebastian, Steffen P.

    2011-01-01

    Executive Summary. This paper analyzes the relation between demographic structure and real asset returns on Treasury bills, bonds, and stocks for the G7 countries (United States, Canada, Japan, Italy, France, the United Kingdom, and Germany). A macroeconomic multifactor model is used to examine...

  17. Asset prices and priceless assets

    NARCIS (Netherlands)

    Penasse, J.N.G.

    2014-01-01

    The doctoral thesis studies several aspects of asset returns dynamics. The first three chapters focus on returns in the fine art market. The first chapter provides evidence for the existence of a slow-moving fad component in art prices that induces short-term return predictability. The article has b

  18. INNOVATION IN ACCOUNTING BIOLOGIC ASSETS

    Directory of Open Access Journals (Sweden)

    Stolуarova M. A.

    2016-09-01

    Full Text Available The article describes the innovations in the classification and measurement of biological assets according to IFRS (IAS 41 "Agriculture". The difficulties faced by agricultural producers using standard, set out in article. The classification based on the adopted amendments, according to which the fruit-bearing plants, previously accounted for as biological assets are measured at fair value are included in the category of fixed assets. The structure of biological assets and main means has been studied in trials. Changes made to the IFRS (IAS 41 "Agriculture", make similar national and international accounting rules. In this way, the fruit-bearing plants are carried at cost, taking into account accumulated depreciation. This approach is similar in both accounting systems. The method of accounting of fruit-bearing assets, which after maturation are not significant biotransformation in the value, has been simplifying accounting. According to the fruit-bearing assets, active market was absent; therefore, the estimation of fair value for them is not correct. The model of using fruit-bearing assets is similar to the use of industrial equipment. Historical cost is more appropriate and meets economic substance of the objects. Assessment of performance of fruit-bearing assets and indicators of their use is represented on an example of perennial crops

  19. Cultural Memory, an Asset for Design-Driven Innovation within the Creative Industries Sector: Lessons for Design Education

    Science.gov (United States)

    Moalosi, Richie; Setlhatlhanyo, Keiphe Nani; Sealetsa, Oanthata Jester

    2016-01-01

    Culture is gaining recognition globally as an important driver of sustainable development in the creative economy. The significance of the role of design and culture with the creative industries is under-researched, especially from the new emerging economies perspective. Therefore, designers need a framework which will guide them on how they can…

  20. Is Proust a philosopher?

    Directory of Open Access Journals (Sweden)

    Luc Fraisse

    2015-12-01

    Full Text Available Different philosophers pondered on Proust’s novel, including those who formulated a subtle hypothesis that philosophical thought that emerged from the novel went beyond the passages of philosophical character that could be found in Proust’s work. It is difficult to determine precisely Proust’s approach towards the novel which he, alternately, favors or disdains. A hypothesis has been formulated that In Search of Lost Time shapes the fiction in the style of Shelling’s and Schopenhauer’s philosophy; it is pointed out that the novelist developed a kind of rivalry between him and his second cousin Bergson. Proust received a thorough education in philosophy yet philosophy is only present in his novel in an anecdotal form. The debate that he starts between idealism and philosophical realism in his prose takes the form of a discussion between symbolism and naturalism. The reconstruction of Proust’s philosophical culture leads to the observation that it is, without a doubt, significantly influenced in different ways by two philosophers: Leibniz and Kant. Still, the writer does not admit to being impacted by any particular thinker; therefore, his narrator’s line of thought is constantly changing in such a way that any school of philosophical thought that appears in the novel is present only for a short while.

  1. Nietzsche: A Confused Philosopher?

    Directory of Open Access Journals (Sweden)

    Paul B. Badey

    2012-06-01

    Full Text Available Nietzsche was one of the 18th century philosophers that cast his supreme presence on the world. His nihilism, existentialism, euphoria and eventual unstable nature has presented him as a confused philosopher. His attack on moral, religion, freedom, and his notion that God is dead make him an interesting character. This paper attempts and understanding of Nietzsche’s philosophy based on his concept of superman, the doctrine of will to power and his concept of morality that transcends all moralities, and concludes that rather than being confused, that confusion is really an art of philosophizing.

  2. Philosophical Hermeneutic Interviewing

    Directory of Open Access Journals (Sweden)

    Roxanne K. Vandermause PhD, RN

    2011-12-01

    Full Text Available This article describes, exemplifies and discusses the use of the philosophical hermeneutic interview and its distinguishing characteristics. Excerpts of interviews from a philosophical hermeneutic study are used to show how this particular phenomenological tradition is applied to research inquiry. The purpose of the article is to lay out the foundational background for philosophical hermeneutics in a way that clarifies its unique approach to interviewing and its usefulness for advancing health care knowledge. Implications for health care research and practice are addressed.

  3. Is Proust a philosopher?

    OpenAIRE

    Luc Fraisse

    2015-01-01

    Different philosophers pondered on Proust’s novel, including those who formulated a subtle hypothesis that philosophical thought that emerged from the novel went beyond the passages of philosophical character that could be found in Proust’s work. It is difficult to determine precisely Proust’s approach towards the novel which he, alternately, favors or disdains. A hypothesis has been formulated that In Search of Lost Time shapes the fiction in the style of Shelling’s and Schopenhauer’s philos...

  4. A puzzle for philosophers

    Directory of Open Access Journals (Sweden)

    Nicolás Lo Guercio

    2013-12-01

    Full Text Available In the paper I tackle a puzzle by Goldberg (2009 that challenges all of us as philosophers. There are three plausible thesis, separately defensible, that together seem to lead to a contradiction: 1 Reliability is a necessary condition for epistemic justification. 2 On contested matters in philosophy, philosophers are not reliable. 3 At least some philosophical theses regarding contested matters in philosophy are epistemically justified. In this paper I will assess the status of the puzzle and attempt to solve it. In the first section, I'll present the puzzle with a little more detail. Secondly, I'll provide some general arguments to show that the alleged puzzle is not a legitimate one. Finally, in section 3, I will argue that even assuming that the puzzle can be coherently formulated, Goldberg's arguments in favor of premise (2 are either unsound or too limited in their scope in order to represent a significant or interesting problem for philosophers.

  5. Autobiographies of philosophers

    Directory of Open Access Journals (Sweden)

    Regina Lubas-Bartoszyńska

    2010-01-01

    Full Text Available The article Autobiographies of philosophers is composed of three parts. The first part presents the history of philosophic autobiography since antiquity and spiritual autobiography of Saint Augustine, through “Confessions” of J.J. Rousseau – the creator of modern autobiography, Pascal, G. Berkeley and S. Kierkegaard, back to “Ecce homo” of Nietzsche. The second part presents selected autobiographies of philosophers of the 20th century like an autobiography of B. Russell (three volumes, M. Bierdiaev, K. Jaspers. The third part is an interpretation of the intellectual autobiography of P. Ricoeur, in which the author reproduces history of intellectual and philosophic development and shows the dissimilarity of “idem” to his own identity.

  6. Philosophical theories of probability

    CERN Document Server

    Gillies, Donald

    2000-01-01

    The Twentieth Century has seen a dramatic rise in the use of probability and statistics in almost all fields of research. This has stimulated many new philosophical ideas on probability. Philosophical Theories of Probability is the first book to present a clear, comprehensive and systematic account of these various theories and to explain how they relate to one another. Gillies also offers a distinctive version of the propensity theory of probability, and the intersubjective interpretation, which develops the subjective theory.

  7. Philosophical Talent : Empirical investigations into philosophical features of adolescents' discourse

    NARCIS (Netherlands)

    Rondhuis, N.T.W.

    2005-01-01

    This study tests the hypothesis that a philosophical talent exists in thinking patterns, uttered through oral expressions during philosophical discussions. A systematic study on the philosophical quality of thinking patterns was undertaken among youngsters of 10 - 20 years old. 'Philosophical qualit

  8. The Concept of Philosophical Education

    Science.gov (United States)

    Boyum, Steinar

    2010-01-01

    Strangely, the concept of philosophical education is not much in use, at least not as a "philosophical" concept. In this essay, Steinar Boyum attempts to outline such a philosophical concept of philosophical education. Boyum uses Plato's Allegory of the Cave, Rene Descartes's life of doubt, and Immanuel Kant's criticism of metaphysics as paradigms…

  9. Fixed Asset Investment Forecast in Policy Adjustment of China's Steel Industry%我国钢铁产业政策调整中固定资产投资预测

    Institute of Scientific and Technical Information of China (English)

    顾琳; 黎敬涛

    2015-01-01

    固定资产投资是钢铁行业调控的重要参考指标,是我国控制钢铁行业产能扩张政策实施落实的具体体现。为准确把握我国钢铁行业运行趋势和产业调整情况,本文根据我国黑色金属冶炼及压延加工业固定资产投资月度数据SGT建立SARIMA模型,并对2015年8-12月数据进行预测。结果表明,该模型预测精确度较高,适用于我国钢铁冶炼行业固定资产投资数据的短期预测,可以为产业政策调整和政策实施提供科学的参考依据。%Fixed assets investment is the important reference index of steel industry regulation, and is the concrete embodiment of confining and implement of the capacity expansion policy in the steel industry in China. For accurately grasping the operating trend and industrial adjustment situation of China's steel industry, this paper establishes SARIMA model according to black metal smelting and monthly fixed assets investment SGT of rolling processing industry in China, and forecasts the data that from August to December in 2015. The forecasting results show that the model's prediction accuracy is reasonable, and the SARIMA model is suitable for the short-term forecasting of fixed assets investment of China's iron and steel smelting industry and can provide scientific reference for industrial policy's adjustment and implementation.

  10. Empirical Analysis on Relationship between Fixed Asset Investment and Industry Profits%固定资产投资与行业利润关系的实证分析

    Institute of Scientific and Technical Information of China (English)

    韩士专; 何珊

    2014-01-01

    Taking 38 industries from 2003 to 2011 in our country as study samples, this paper analyzes the relation-ship between fixed asset investment and profits through co-integration test, error correction and Granger test of the panel data. Study results show that fixed asset investment has significant positive effect on industry profits either in long term or short term, and positive relevant relation exists between fixed asset investment and industry profits;while in term of causality relations, there is one-way Ganger causality relation between fixed asset investment and profits, namely, profits are the Granger cause of fixed asset investment with fixed asset investment being not prof-its’Granger cause. It can be concluded to some degree that the change of profit rate may determine the change of investment volume and the change of investment volume does not offect the industry profits.%以我国2003-2011年38个行业为研究样本,通过面板数据协整检验、误差修正以及格兰杰检验,分析样本行业固定资产投资和利润的关系。研究结果表明:无论是从短期还是长期来看,固定资产投资对行业利润都有着显著的正向影响,且行业利润与固定资产投资之间也存在着正向相关的关系。但就因果关系而言,固定资产投资与行业利润变动之间存在单向的格兰杰因果关系,即利润是固定资产投资的格兰杰原因,而固定资产投资不是利润的格兰杰原因。从一定程度上说明是利润率的变化引导行业投资量的变化,反过来投资量的变化并不改变行业利润。

  11. Heterogeneity of Intellectual Assets

    DEFF Research Database (Denmark)

    Dahlgren, Johan Henrich; Lund Jensen, Rasmus; Valentin, Finn

    2004-01-01

    This paper deals with methodological issues of assessing the composition and level ofheterogeneity of firms' intellectual assets. It develops an original metric - referred to asthe H-index - for measuring heterogeneity using data extracted from patent documents.The main purpose is to improve...... the characterisation of research activities within firmsin the biotechnology sector. Although the H-index grew out of research on biotechfirms, the metric carries broader relevance for all patent-intensive industries. Themeasurement and calculation of the H-index is illustrated using some empiricalexamples from our...

  12. Steam generator asset management: integrating technology and asset management

    Energy Technology Data Exchange (ETDEWEB)

    Shoemaker, P.; Cislo, D. [AREVA NP Inc., Lynchburg, Virginia (United States)]. E-mail: paul.shoemaker@areva.com

    2006-07-01

    Asset Management is an established but often misunderstood discipline that is gaining momentum within the nuclear generation industry. The global impetus behind the movement toward asset management is sustainability. The discipline of asset management is based upon three fundamental aspects; key performance indicators (KPI), activity-based cost accounting, and cost benefits/risk analysis. The technology associated with these three aspects is fairly well-developed, in all but the most critical area; cost benefits/risk analysis. There are software programs that calculate, trend, and display key-performance indicators to ensure high-level visibility. Activity-based costing is a little more difficult; requiring a consensus on the definition of what comprises an activity and then adjusting cost accounting systems to track. In the United States, the Nuclear Energy Institute's Standard Nuclear Process Model (SNPM) serves as the basis for activity-based costing. As a result, the software industry has quickly adapted to develop tracking systems that include the SNPM structure. Both the KPI's and the activity-based cost accounting feed the cost benefits/risk analysis to allow for continuous improvement and task optimization; the goal of asset management. In the case where the benefits and risks are clearly understood and defined, there has been much progress in applying technology for continuous improvement. Within the nuclear generation industry, more specialized and unique software systems have been developed for active components, such as pumps and motors. Active components lend themselves well to the application of asset management techniques because failure rates can be established, which serves as the basis to quantify risk in the cost-benefits/risk analysis. A key issue with respect to asset management technologies is only now being understood and addressed, that is how to manage passive components. Passive components, such as nuclear steam generators

  13. Voluntary disclosures of intangible assets and legitimization: The production industry of olive oil Divulgación voluntaria de intangibles y legitimación: La industria productora de aceite de oliva Voluntary disclosures of intangible assets and legitimization: The production industry of olive oil

    Directory of Open Access Journals (Sweden)

    Francisca Castilla-Polo

    2012-12-01

    Full Text Available Purpose: The aim of this paper is to analyze whether the decision to disclose intangible assets could be explained by Institutional Theory. Our interest is to provide evidence of his interpretative capacity through an empirical study applied to the olive oil mill industry. Design/methodology/approach: We used a mixed methodological design that combines quantitative and qualitative methods. Findings: In an industry like olive oil mills, not use to providing additional information on intangible assets on a voluntary basis, social legitimization can be seen as a long-term objective because of the lack of urgency associated to it. Instead, a more pragmatic behavior concerned with economic legitimization has been observed, such as those that have been already found. Research limitations/implications: Greater efforts should be made to complete comparative results in a specific industry as well as we consider necessary to analyze longitudinally the evolution of the relationship legitimation-disclosure of intangibles. Originality/value: The results obtained help contribute to the literature coming from Institutional Theory in the sense that the legitimization of a new practice can vary between industries according to the state of the process of its institutionalization in each of them.Objeto: El objetivo de este trabajo es analizar si la decisión de divulgar información sobre intangibles puede ser explicada por la Teoría Institucional. Nuestro interés es proporcionar evidencia de su capacidad interpretativa a través del estudio de la industria productora de aceite de oliva. Diseño/metodología: Empleamos un diseño mixto que combina métodos cuantitativos y cualitativos. Aportaciones y resultados: En una industria como la del aceite de oliva, poco dada a proporcionar información adicional sobre intangibles de manera voluntaria, la legitimación social se considera un objetivo a largo plazo, no así la legitimación económica que sí se asocia al

  14. The "Philosophical Investigations'" Children

    Science.gov (United States)

    Lesnik-Oberstein, Karin

    2003-01-01

    In her book on Wittgenstein's "Philosophical Investigations", Beth Savickey points out that few critics pay explicit attention to Wittgenstein's references to the child and childhood, particularly in his later work. She argues (paraphrasing Wittgenstein) that "the figure of the child is the figure that draws together the concepts of teaching and…

  15. Capital Structure and Assets

    DEFF Research Database (Denmark)

    Flor, Christian Riis

    2008-01-01

    post optimally sell the assets or re-optimize the capital structure. Ex ante, more uncertain asset value decreases leverage, but not firm value, and selling the assets becomes less likely. Firms should tend to invest in assets whose value is less correlated to changes in earnings and, in addition...

  16. Capital Structure and Assets

    DEFF Research Database (Denmark)

    Flor, Christian Riis

    2008-01-01

    post optimally sell the assets or re-optimize the capital structure. Ex ante, more uncertain asset value decreases leverage, but not firm value, and selling the assets becomes less likely. Firms should tend to invest in assets whose value is less correlated to changes in earnings and, in addition...

  17. Research on Allocation of Non-operating State-owned Assets in Health Industry%卫生领域非经营性国有资产配置研究

    Institute of Scientific and Technical Information of China (English)

    张媚

    2013-01-01

    卫生领域非经营性国有资产是社会主义上层建筑的物质基础,是实现人人享有基本医疗卫生服务健康权益的物质条件;同时,也是卫生领域社会资源配置的重要经济工具.文章比较了国内外卫生领域国有资产配置状况,剖析了我国卫生领域非经营性国有资产配置机制存在的主要问题,探讨完善非经营性国有资产配置机制的基本思路.%Non-operating state-owned assets in health industry are the material base which the socialistic superstructure rely on,and guarantee for "health for all" with material supports; meanwhile,as the important economic tool playing the function of resource allocation.The paper compared the allocation situation of state-owned asset in health field at home and abroad,analyzed the current main problems in domestic health industry,and discussed the basic train of thought to improve allocation mechanism of non-operating state-owned assets.

  18. Liquid Asset

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    Water shortages and pollution could result in big profits for foreign investors in the water industry, as they make a move to clean up Thirty years ago, UN experts sounded the alarm bells when they warned that a water crisis would follow hot on the heels of the oil crisis. In China, two scenarios exist.

  19. Modelling railway bridge asset management

    OpenAIRE

    Le, Bryant Linh Hai

    2014-01-01

    The UK has a long history in the railway industry with a large number of railway assets. Railway bridges form one of the major asset groups with more than 35,000 bridges. The majority of the bridge population are old being constructed over 100 years ago. Many of the bridges were not designed to meet the current network demand. With an expected increasing rate of deterioration due to the increasing traffic loads and intensities, the management authorities are faced with the difficult task of k...

  20. 中国寿险业资产风险、产品风险与资本的关系%The Relations among Asset Risk, Product Risk and Capital in the Chinese Life Insurance Industry

    Institute of Scientific and Technical Information of China (English)

    安超; 卞小娇

    2013-01-01

      本文检验了我国寿险业资产风险、产品风险与资本之间的关系。文章运用2005-2011年33家寿险公司的非平衡面板数据,建立联立方程的局部调整模型。研究发现:我国寿险公司的资本与资产风险并没有显著的相关性,资本与产品风险有显著的正相关,资产风险与产品风险方面有显著负相关。这说明我国保险业的风险监管制度在资产配置方面的影响力还没有发挥显著的作用;在产品开发和产品风险评估方面发挥了显著作用。%  The paper explores the relation among asset risk, product risk and capital in the Chinese life insurance industry. To examine this issue, we use the unbalanced panel data of 33 life-insurance companies from 2005 to 2011, and use a simultaneous-equation partial-adjustment model. A significant finding is that, for the Chinese life insurers the relation between capital and asset risk is not significant, but the relation between capital and product risk is positive, and the relation between asset risk and product risk is negative. This tells that the risk regulation system of Chinese life insurance industry does not have a significant influence on insurers’ asset allocation, but does work on product development and product risk assessment.

  1. 资产弃置会计服务管理--以煤炭行业为例%The Service and Management for Assets Disposal Accounting:Coal Industry as an Example

    Institute of Scientific and Technical Information of China (English)

    李孟哲; 贺正楚

    2014-01-01

    中国是煤炭的生产与消费大国。煤炭企业的生产经营活动会对环境造成污染和破坏,应履行资产弃置义务。目前,中国煤炭企业资产弃置费用普遍确认不足或没有确认,同时存在远期义务到期违约风险。文章认为,煤炭行业组织应该增加在煤炭企业资产弃置会计中的服务管理职能,通过参与保证金制度管理、联营基金管理并与注册会计师合作来保证煤炭企业资产弃置义务的履行,并提出了政府对煤炭行业组织服务管理职能履行的支持手段。%The production and operation in coal enterprises may bring about pollution and destruction to the environment and they should perform asset retirement obligations .Chinese coal enterprises generally underestimate or neglect the asset disposal cost.There exists a risk of default that the enterprises may fail to perform the asset retirement obligations when the time is due .This article contends that the coal industry should add the service and management function in the asset disposal obligations accounting . Some ways like participating in the management of the margin system , mastering the reclamation bond pool fund system and coopera-ting with the CPA are included to ensure that the coal enterprises perform these obligations .Supportive means are suggested for the government to insist on the new function of the coal industry .

  2. Frozen assets

    Energy Technology Data Exchange (ETDEWEB)

    1988-12-02

    In June this year, delegates from more than 30 Antarctic Treaty nations met and agreed on a set of rules under the 'Convention on the Regulation of Antartic Mineral Resource Activities'. The convention presents a legal basis for mining which previously did not exist but it requires the two-third approval of a regulatory committee comprising countries both with and without territorial claims. However, the environment of the Antarctic is so harsh that very few in the international mining industry consider mining in the frozen continent a viable proposition.

  3. The Philosophical Practitioner and the Curriculum Space

    DEFF Research Database (Denmark)

    2014-01-01

    This chapter reviews contemporary debates about tourism and hospitality education to conceptualise a curriculum space framework that can be used to facilitate understanding and decision making. The chapter is conceptual and makes two key contributions: it draws together diverse discourses about...... the balance between higher order knowledge in liberal education and skills-based vocational education required by industry; and it builds upon the Philosophic Practitioner Education to conceptualise a curriculum space that is socially constructed, dynamic and flexible. The proposed framework incorporates...

  4. Understanding viruses: Philosophical investigations.

    Science.gov (United States)

    Pradeu, Thomas; Kostyrka, Gladys; Dupré, John

    2016-10-01

    Viruses have been virtually absent from philosophy of biology. In this editorial introduction, we explain why we think viruses are philosophically important. We focus on six issues (the definition of viruses, the individuality and diachronic identity of a virus, the possibility to classify viruses into species, the question of whether viruses are living, the question of whether viruses are organisms, and finally the biological roles of viruses in ecology and evolution), and we show how they relate to classic questions of philosophy of biology and even general philosophy. Copyright © 2016 Elsevier Ltd. All rights reserved.

  5. An Ecosystem Perspective On Asset Management Information

    Science.gov (United States)

    Metso, Lasse; Kans, Mirka

    2017-09-01

    Big Data and Internet of Things will increase the amount of data on asset management exceedingly. Data sharing with an increased number of partners in the area of asset management is important when developing business opportunities and new ecosystems. An asset management ecosystem is a complex set of relationships between parties taking part in asset management actions. In this paper, the current barriers and benefits of data sharing are identified based on the results of an interview study. The main benefits are transparency, access to data and reuse of data. New services can be created by taking advantage of data sharing. The main barriers to sharing data are an unclear view of the data sharing process and difficulties to recognize the benefits of data sharing. For overcoming the barriers in data sharing, this paper applies the ecosystem perspective on asset management information. The approach is explained by using the Swedish railway industry as an example.

  6. Asset tracking in harsh environments

    Energy Technology Data Exchange (ETDEWEB)

    O' Neal, E.S. [Infosight Corp., Chillicothe, OH (United States)

    2009-07-01

    Current economic times require tight control of all assets / inventory and processes a company manages. These items if managed correctly and timely can mean the difference between success and failure of a company. Cost savings in hard economic times are essential to allow a company to utilize its assets to the fullest potential by eliminating duplication and waste. Accurate process management leads to greater customer satisfaction and loyalty. Many industries and processes have believed it to be impossible to track their products or assets using bar-codes due to the unique conditions of their environment; whether it is high temperature, rough handling or chemicals. That has now changed. Companies specializing in identification methods have stepped up to the challenge and have overcome many obstacles of the past. It's no longer a paper or plastic bar-code world. The presentation will be broken down into four parts: 1) The differences between Asset and ID tracking; 2) Why does a company need to bar-code?; 3) The objections many companies use for not bar-coding; and, 4) What's new in bar-coding? Case study handouts and a reference list of various companies including software, labeling and attachment techniques will be available at the end of the presentation. (author)

  7. The Philosopher as Citizen

    Directory of Open Access Journals (Sweden)

    Fernando Savater

    2016-12-01

    Full Text Available Unlike Science –a knowledge based on proofs– both Philosophy and Religion vow for wisdoms beyond probability or verification, meaning by this the very lacking of a enough objective grounds. Both require a subjective commitment of a very special kind –fragile and overwhelming at once– among those who accept it. In the case of Religion that commitment is belief in Revelation, for Philosophy is thought which forges an argumentative plot, the two cases directly related to our mortality: Religion for saving us from Death, Philosophy to be able to face it with no vile. What is the place reserved for both wisdoms in modern democracies? Is fidelity to Democracy itself a type of religious belief or more like a type of philosophical thought?

  8. An attenuated philosophical gentleman.

    Science.gov (United States)

    Christie, John R R

    2014-06-20

    Dr. Joseph Black had at one time, a house near us to the west. He was a striking and beautiful person; tall, very thin, and cadaverously pale; his hair carefully powdered, though there was little of it except what was collected in a long thin queue; his eyes dark, clear and large, like deep pools of pure water. He wore black speckless clothes, silk stockings, silver buckles, and either a slim green umbrella, or a genteel brown cane. The general frame and air were feeble and slender. The wildest boy respected Black. No lad could be irreverent toward a man so pale, so gentle, so elegant and so illustrious. So he glided, like a spirit, through our rather mischievous sportiveness, unharmed. He died seated, with a bowl of milk upon his knee, of which his ceasing to be did not spill a drop; a departure which it seemed, after the event, might have been foretold of this attenuated philosophical gentleman.

  9. Renormalization for Philosophers

    CERN Document Server

    Butterfield, Jeremy

    2014-01-01

    We have two aims. The main one is to expound the idea of renormalization in quantum field theory, with no technical prerequisites (Sections 2 and 3). Our motivation is that renormalization is undoubtedly one of the great ideas, and great successes, of twentieth-century physics. Also it has strongly influenced in diverse ways, how physicists conceive of physical theories. So it is of considerable philosophical interest. Second, we will briefly relate renormalization to Ernest Nagel's account of inter-theoretic relations, especially reduction (Section 4). One theme will be a contrast between two approaches to renormalization. The old approach, which prevailed from ca. 1945 to 1970, treated renormalizability as a necessary condition for being an acceptable quantum field theory. On this approach, it is a piece of great good fortune that high energy physicists can formulate renormalizable quantum field theories that are so empirically successful. But the new approach to renormalization (from 1970 onwards) explains...

  10. Heteroglossia and Philosophers of Education.

    Science.gov (United States)

    Abowitz, Kathleen Knight

    2002-01-01

    Accepts the premise of Rene Arcilla's article, "Why Aren't Philosophers and Educators Speaking to One Another?" asking how philosophers of education of a Deweyan character can occupy the intermediary position between philosophy and education with their different languages, contexts, and concerns. The essay uses examples from the work of Cornel…

  11. Whether Philosophers Need Contemporary Mathematics?

    Directory of Open Access Journals (Sweden)

    Erovenko V. A.

    2013-01-01

    Full Text Available The article discusses the various problems of mathematical education of philosophers. Even a negative school experience of practical development of mathematics gives an idea of mathematics as a special item that requires in-depth study to understand it as a whole. Knowledge of mathematics dispassionately verifies readiness to grasp an abstract philosophical reasoning. The true goal of mathematical education of philosophers is not just the acquisition of specific knowledge but first of all the development of thinking or intelligence aimed at cognition which is sometimes called philosophy. In this paper we are trying to answer the question: how and why mathematics is useful for university philosophical education? In particular, speaking about the course of modern mathematics for philosophers it is emphasized that professional philosophers are in a special position – they need modern mathematics as a component of the general methodology of cognition, so not separate details of mathematical techniques but basic mathematical principles are important for them. In the context of understanding mathematics, the mathematical course for philosophers should be based on methodological foundation, where the main role is devoted to the priority philosophical questions, developing mathematical ideas, taking into account the role of the emotional components of modern mathematical education.

  12. Philosophical Concepts in Physics

    Science.gov (United States)

    Cushing, James T.

    1998-01-01

    Preface; Part I. The Scientific Enterprise: 1. Ways of knowing; 2. Aristotle and Francis Bacon; 3. Science and metaphysics; Part II. Ancient and Modern Models of the Universe: 4. Observational astronomy and the Ptolemaic model; 5. The Copernican model and Kepler's laws; 6. Galileo on motion; Part III. The Newtonian Universe: 7. Newton's Principia; 8. Newton's law of universal gravitation; 9. Some old questions revisited; Part IV. A Perspective: 10. Galileo's Letter to the Grand Duchess; 11. An overarching Newtonian framework; 12. A view of the world based on science: determinism; Part V. Mechanical Versus Electrodynamical World Views: 13. Models of the aether; 14. Maxwell's theory; 15. The Kaufmann experiments; Part VI. The Theory of Relativity: 16. The background to and essentials of special relativity; 17. Further logical consequences of Einstein's postulates; 18. General relativity and the expanding universe; Part VII. The Quantum World and the Completeness of Quantum Mechanics: 19. The road to quantum mechanics; 20. 'Copenhage' quantum mechanics; 21. Is quantum mechanics complete?; Part VIII. Some Philosophical Lessons from Quantum Mechanics: 22. The EPR paper and Bell's theorem; 23. An alternative version of quantum mechanics; 24. An essential role for historical contingency?; Part IX. A Retrospective: 25. The goals of science and the status of its knowledge; Notes; General references; Bibliography; Author index; Subject index.

  13. Preparing for asset retirement.

    Science.gov (United States)

    Luecke, Randall W; Reinstein, Alan

    2003-04-01

    Statement of Financial Accounting Standards (SFAS) No. 143 requires organizations to recognize a liability for an asset retirement obligation when it is incurred--even if that occurs far in advance of the asset's planned retirement. For example, organizations must recognize future costs associated with medical equipment disposal that carries hazardous material legal obligations.

  14. Essays on asset pricing

    NARCIS (Netherlands)

    Nazliben, Kamil

    2015-01-01

    The dissertation consists of three chapters that represent separate papers in the area of asset pricing. The first chapter studies investors optimal asset allocation problem in which mean reversion in stock prices is captured by explicitly modeling transitory and permanent shocks. The second chapter

  15. The idea of philosophical sociology.

    Science.gov (United States)

    Chernilo, Daniel

    2014-06-01

    This article introduces the idea of philosophical sociology as an enquiry into the relationships between implicit notions of human nature and explicit conceptualizations of social life within sociology. Philosophical sociology is also an invitation to reflect on the role of the normative in social life by looking at it sociologically and philosophically at the same: normative self-reflection is a fundamental aspect of sociology's scientific tasks because key sociological questions are, in the last instance, also philosophical ones. For the normative to emerge, we need to move away from the reductionism of hedonistic, essentialist or cynical conceptions of human nature and be able to grasp the conceptions of the good life, justice, democracy or freedom whose normative contents depend on more or less articulated conceptions of our shared humanity. The idea of philosophical sociology is then sustained on three main pillars and I use them to structure this article: (1) a revalorization of the relationships between sociology and philosophy; (2) a universalistic principle of humanity that works as a major regulative idea of sociological research, and; (3) an argument on the social (immanent) and pre-social (transcendental) sources of the normative in social life. As invitations to embrace posthuman cyborgs, non-human actants and material cultures proliferate, philosophical sociology offers the reminder that we still have to understand more fully who are the human beings that populate the social world. © London School of Economics and Political Science 2014.

  16. Asset protection through security awareness

    CERN Document Server

    Speed, Tyler Justin

    2011-01-01

    Introduction: What Is Information Security? Creating a Culture of Security Awareness Protecting Corporate Assets Protective MeasuresA Culture of Security AwarenessRemaining DynamicOverview of Security Awareness Categories Overview Industry StandardsPrivacy ConcernsPassword Management Credit Card Compliance (PCI) General File ManagementExamples of Security Regulations and LawsWho Is an IS Professional?Introduction Empowering Security Professionals Top-Down ApproachDiplomacyThe People Portion of Information SecurityThe IS SpecialistDiplomacy-The IS Professional's Best FriendEnd Users Are Great N

  17. Ontology modeling in physical asset integrity management

    CERN Document Server

    Yacout, Soumaya

    2015-01-01

    This book presents cutting-edge applications of, and up-to-date research on, ontology engineering techniques in the physical asset integrity domain. Though a survey of state-of-the-art theory and methods on ontology engineering, the authors emphasize essential topics including data integration modeling, knowledge representation, and semantic interpretation. The book also reflects novel topics dealing with the advanced problems of physical asset integrity applications such as heterogeneity, data inconsistency, and interoperability existing in design and utilization. With a distinctive focus on applications relevant in heavy industry, Ontology Modeling in Physical Asset Integrity Management is ideal for practicing industrial and mechanical engineers working in the field, as well as researchers and graduate concerned with ontology engineering in physical systems life cycles. This book also: Introduces practicing engineers, research scientists, and graduate students to ontology engineering as a modeling techniqu...

  18. Research on the Status and Motivation of Accounting Policy Choice of Financial Assets Classification---Based on Financial Reports of Listed Corporations of Financial Industry%金融资产分类会计政策选择的现状与动机--基于金融行业上市公司的数据分析

    Institute of Scientific and Technical Information of China (English)

    周阿立

    2015-01-01

    Using the annual financial reports of 43 listed corporations in financial industry from 2007 to 2012 as research samples, this paper conducts research according to the classification of two major categories of financial assets, i.e., equity and bond.Research is based on the contract theory, considering factors including the scale of financial assets, cash flow and profit status.It finds that the scale of financial assets has no influence on the classification of financial assets in the financial industry, whereas other factors including political motives, debt contract, cash flow significantly influence the classification of financial assets.%本文选取43家金融行业上市公司2007至2012年的年报数据作为研究样本,针对权益和债券两大类金融资产的分类展开研究,以契约论为基础,考虑金融资产规模、现金流及盈利状况等因素的影响,发现金融资产规模对金融资产分类的影响在金融行业并不成立,与政治动因、债务契约、现金流等因素的影响显著相关。

  19. Asset Pricing Restrictions on Predictability : Frictions Matter

    NARCIS (Netherlands)

    F.A. de Roon (Frans); M. Szymanowska (Marta)

    2011-01-01

    textabstractU.S. stock portfolios sorted on size, momentum, transaction costs, M/B, I/A and ROA ratios, and industry classi…cation show considerable levels and variation of return predictability, inconsistent with asset pricing models. This means that a predictable risk premium is not equal to compe

  20. Efficiently Inefficient Markets for Assets and Assets Management

    DEFF Research Database (Denmark)

    Garleanu, Nicolae; Heje Pedersen, Lasse

    We consider a model where investors can invest directly or search for an asset manager, information about assets is costly, and managers charge an endogenous fee. The efficiency of asset prices is linked to the efficiency of the asset management market: if investors can find managers more easily,...

  1. Three Assets of Listed Companies Based on Industry Experimental Study of the Effects on Business Performance%基于不同行业的上市公司(三种)资产对经营绩效影响的实验研究

    Institute of Scientific and Technical Information of China (English)

    赵晓秋; 菅元春

    2014-01-01

    为了控制行业特殊性的影响,本文选取了上交所和深交所2010年制造产业的422个上市公司的数据为研究样本,从公司的流动资产、无形资产和固定资产与公司的经营绩效关系方面进行了研究。结果显示,公司的固定资产、无形资产和流动资产与公司绩效呈显著的正相关;此外,利用虚拟变量对纺织、服装、皮毛、食品饮料、金属、非金属和医药生物制品等制造行业分别进行了研究。%In order to control the influence of industrial characteristics , this article selects the Shanghai and shenzhen stock exchange in 2010 manufacturing industry data of 422 listed companies as research samples , from the company ’ s current assets , intangible assets and the relationship between fixed assets and the compa-ny’s operating performance is studied.The results show that the company ’s fixed assets, intangible assets and current assets are significant positive correlation with corporate performance.In addition , in the manufacturing industry , the use of virtual variables for textile , garments, fur, food and beverage , metal, nonmetal and phar-maceutical biological products etc.are studied respectively.

  2. Model for equipment life-cycle cost forecasting and its application in assets management in the oil industry; Modelo para previsao de custo de ciclo de vida de equipamentos e sua aplicacao na gestao de ativos na industria do petroleo

    Energy Technology Data Exchange (ETDEWEB)

    Cesca, Igor Gimenes; Elias Junior, Antonio; Carvalho, Marcos Henrique [Universidade Estadual de Campinas (DEP/FEM/UNICAMP), SP (Brazil). Dept. de Engenharia de Petroleo; Lima, Gabriel Alves da Costa [Centro de Estudos de Petroleo (CEPETRO/UNICAMP), SP (Brazil)

    2012-07-01

    In the area of oil exploration and production (E and P), knowing the behavior of the equipment in their life cycles becomes even more important than in other industries due to: 1) high cost and 2) severity in terms of requirements safety. The purchase of equipment should not be decided only at the initial cost, but through the life cycle cost (LCC). This paper presents a study to find the cost over the life cycle of a group of equipment used in the petroleum industry by methods of dynamic programming, as well as a discussion on how to use such information in assets management in order to obtain better financial indicators. The main causes of variation in the useful economic life of equipment is the resale value and maintenance costs. Thus, it is possible to avoid high expenditure on maintenance costs and avoid an excessive depreciation of the equipment. So it is possible to conclude that the more intense the depreciation of value, the greater the useful economic life. For maintenance costs, the more intense are the costs, the lower the useful economic life. (author)

  3. IT Asset Management System -

    Data.gov (United States)

    Department of Transportation — ITAMS provides a web frontend for the managing of all HW Assets lifecycle data purchased by ATO since 2006. In addition it contains much of our Enterprise SW license...

  4. Asset Inventory Database

    Data.gov (United States)

    US Agency for International Development — AIDM is used to track USAID assets such as furniture, computers, and equipment. Using portable bar code readers, receiving and inventory personnel can capture...

  5. Management of Intangible Assets

    OpenAIRE

    Ioan BIRCEA; Noemi Iuliana BIRCEA

    2011-01-01

    In a society marked by economic crisis, creating value and market competition becomes a heady company need. According to recent studies, in competitive companies, the highest share in the assets is hold by the value of intangible assets. Consequently, this involves the identification, measurement, management and efficient development of these inputs (knowledge, information, intellectual property, skilled labor, etc.). It is noted that, in the case of companies that have established management...

  6. Solar Asset Management Software

    Energy Technology Data Exchange (ETDEWEB)

    Iverson, Aaron [Ra Power Management, Inc., Oakland, CA (United States); Zviagin, George [Ra Power Management, Inc., Oakland, CA (United States)

    2016-09-30

    Ra Power Management (RPM) has developed a cloud based software platform that manages the financial and operational functions of third party financed solar projects throughout their lifecycle. RPM’s software streamlines and automates the sales, financing, and management of a portfolio of solar assets. The software helps solar developers automate the most difficult aspects of asset management, leading to increased transparency, efficiency, and reduction in human error. More importantly, our platform will help developers save money by improving their operating margins.

  7. The necessary distinction between methodology and philosophical assumptions in healthcare research.

    Science.gov (United States)

    Mesel, Terje

    2013-09-01

    Methodological discussions within healthcare research have traditionally described a methodological dichotomy between qualitative and quantitative methods. The aim of this article is to demonstrate that such a dichotomy presents unnecessary obstacles for good research design and is methodologically and philosophically unsustainable. The issue of incommensurability is not a question of method but rather a question of the philosophical premises underpinning a given method. Thus, transparency on the philosophical level is important for validity and consistency as well as for attempts to integrate or establish an interface to other research. I argue that it is necessary to make a distinction between methodology and philosophical assumptions and to ensure consistency in these correlations. Furthermore, I argue that the question of incommensurability is best answered at this basic philosophical level. The complexity of health care calls for methodological pluralism and creativity that utilises the strength of both qualitative and quantitative approaches. Transparency and consistency on the philosophical level can facilitate new mixed methods research designs that may be promising methodological assets for healthcare research. I believe we are ill served by fortified positions that continue to uphold old battle lines. Empirical research begins in the field of practice and requires a certain amount of pragmatism. However, this pragmatism must be philosophically informed.

  8. Philosophic foundations of quantum mechanics

    CERN Document Server

    Reichenbach, Hans

    1998-01-01

    Physics concerns direct analysis of the physical world, while philosophy analyzes knowledge about the physical world. This volume combines both disciplines for a philosophical interpretation of quantum physics - an interpretation free from the imprecision of metaphysics, offering a view of the atomic world and its quantum mechanical results as concrete as the visible everyday world.Written by an internationally renowned philosopher who specialized in symbolic logic and the theory of relativity, this approach consists of three parts. The first section, which requires no background in math or p

  9. Positioning the Learning Asset Portfolio as a Key Component in an Organization's Enterprise Risk Management Strategy

    Science.gov (United States)

    McAliney, Peter J.

    2009-01-01

    This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

  10. Positioning the Learning Asset Portfolio as a Key Component in an Organization's Enterprise Risk Management Strategy

    Science.gov (United States)

    McAliney, Peter J.

    2009-01-01

    This article presents a process for valuing a portfolio of learning assets used by line executives across industries to value traditional business assets. Embedded within the context of enterprise risk management, this strategic asset allocation process is presented step by step, providing readers the operational considerations to implement this…

  11. A decision support model to determine the critical success factors of asset management services

    Directory of Open Access Journals (Sweden)

    Jooste, Johannes Lodewyk

    2015-05-01

    Full Text Available Business-to-business services relating to physical asset management play an increasingly important role in industry. This is in the context of the current pressures that organisations experience in realising optimal value from their assets. Complying with asset management standards such as ISO 55000 contributes towards the importance of these services. This paper summarises the findings from a study identifying the critical success factors for asset management services, and presents a decision support model that provides the asset management community with access to these factors for decision-making and for improving asset management services.

  12. Asset Pricing - A Brief Review

    OpenAIRE

    Li, Minqiang

    2010-01-01

    I first introduce the early-stage and modern classical asset pricing and portfolio theories. These include: the capital asset pricing model (CAPM), the arbitrage pricing theory (APT), the consumption capital asset pricing model (CCAPM), the intertemporal capital asset pricing model (ICAPM), and some other important modern concepts and techniques. Finally, I discuss the most recent development during the last decade and the outlook in the field of asset pricing.

  13. Philosophical Reflections on Industrial Upgrading of XJ Group:On Breakthrough at Key Points and All-around Push-on%关于XJ集团产业升级的哲学思考--论重点突破与整体带动

    Institute of Scientific and Technical Information of China (English)

    梁维

    2014-01-01

    院中国的民营企业近几年受国际金融危机及国内经济发展速度放缓的状况影响,民营企业如何通过产业升级在逆境中发展就显得尤为重要和迫切。XJ集团2013年初定下了“产业升级、重点突破”为其集团战略之一,笔者运用所学的哲学理论对其公司战略进行另一层面分析,希望通过分析,大致掌握相关哲学理论的实际运用方法和运用技巧。文章主要从哲学视角探讨XJ集团产业升级调整过程中整体与部分的关系,提出XJ集团产业升级的重点在于以家具流通产业升级为战略牵引,通过发挥集团总部战略中心的作用,整体带动XJ集团整体产业融合。%In recent years, China's private enterprises are influenced by the international financial crisis and the situation of slowing domestic economic growth, so it is particularly important and urgent for private enterprise to develop in the adversity by industrial upgrading. In early 2013, XJ Group set the strategy of "industrial upgrading, major breakthroughs" which is considered as one of its group strategies. The author used his philosophical theories to analyze another level corporate strategy, hoping to grasp the real applied methods and techniques of relevant philosophical theory. This article focused on the relationship between the whole and part in industrial upgrading and adjustment process of XJ Group from a philosophical perspective, pointed out that XJ Group should take the upgrading of furniture distribution industry as the strategic traction and play the role of Group headquarter strategic center to drive XJ Group's overall industrial integration, which is the key of industrial upgrading of XJ Group.

  14. Curriculum Development: A Philosophical Model.

    Science.gov (United States)

    Bruening, William H.

    Presenting models based on the philosophies of Carl Rogers, John Dewey, Erich Fromm, and Jean-Paul Sartre, this paper proposes a philosophical approach to education and concludes with pragmatic suggestions concerning teaching based on a fully-functioning-person model. The fully-functioning person is characterized as being open to experience,…

  15. Choosing a Methodology: Philosophical Underpinning

    Science.gov (United States)

    Jackson, Elizabeth

    2013-01-01

    As a university lecturer, I find that a frequent question raised by Masters students concerns the methodology chosen for research and the rationale required in dissertations. This paper unpicks some of the philosophical coherence that can inform choices to be made regarding methodology and a well-thought out rationale that can add to the rigour of…

  16. Special Needs: A Philosophical Analysis

    Science.gov (United States)

    Vehmas, Simo

    2010-01-01

    This paper attempts to illuminate a central concept and idea in special education discourse, namely, "special needs". It analyses philosophically what needs are and on what grounds they are defined as "special" or "exceptional". It also discusses whether sorting needs into ordinary and special is discriminatory. It is argued that individualistic…

  17. Religion as a philosophical matter

    DEFF Research Database (Denmark)

    Albinus, Lars

    with groundbreaking thoughts about culture and a basic human 'conditionality' among interwar philosophers such as Ernst Cassirer, Ludwig Wittgenstein, Walter Benjamin, and Martin Heidegger. Finally it draws a line to Jean-Luc Nancy’s deconstruction of Christianity which can also be seen as a deconstruction...

  18. Anania Shirakatsi's Natural Philosophical Views

    Science.gov (United States)

    Arevshatyan, Sen

    2014-10-01

    A review on Anania Shirakatsi's natural philosophical views is given. He was the first to distinguish natural sciences from philosophy, establishing the basis for such sciences as mathematics, cosmography, astronomy, meteorology, chronology, and metrology. Shirakatsi's works are discussed related to these sciences.

  19. Religion as a philosophical matter

    DEFF Research Database (Denmark)

    Albinus, Lars

    with groundbreaking thoughts about culture and a basic human 'conditionality' among interwar philosophers such as Ernst Cassirer, Ludwig Wittgenstein, Walter Benjamin, and Martin Heidegger. Finally it draws a line to Jean-Luc Nancy’s deconstruction of Christianity which can also be seen as a deconstruction...

  20. A technologically-driven asset management approach to managing physical assets: a literature review and research agenda for 'smart' asset management

    Directory of Open Access Journals (Sweden)

    Nel, Charles Benjamin Hirschowitz

    2016-12-01

    Full Text Available The concept of ‘smart’ is increasingly used in the commercial environment, and relates to a perception of technological intelligence. The concept of ‘Internet of Things’ (IoT has also become a reality that makes a different approach to managing physical assets necessary. With this technological intelligence come vast quantities of asset data and the analysis thereof, which has proven to add value to asset management. To capitalise on and expand this value creation, smart asset management (SAM came into being by incorporating proven methodologies and applying these in real-time management structures. This article offers a review of the existing literature, and aims to create industry awareness about the business potential of incorporating SAM into automated asset environments for strategic management decision-making.

  1. An Industry Profile of Corporate Real Estate

    OpenAIRE

    Johnson, Linda L.; Terry Keasler; Stellan Lundstrom

    1993-01-01

    Corporate real estate is increasingly becoming an area of emphasis for real estate professionals and academics, particularly in asset management. Using balance sheet data on real estate corporate holdings, total assets, and firm marketing values from 1984-1991, this article provides an analysis of real estate holdings both by industry sector and asset subtype. Industry rank order by gross value of total real estate holdings and asset subtype, real estate as a percent of assets, and real estat...

  2. The scientist as philosopher philosophical consequences of great scientific discoveries

    CERN Document Server

    Weinert, Friedel

    2005-01-01

    How do major scientific discoveries reshape their originators’, and our own, sense of reality and concept of the physical world? The Scientist as Philosopher explores the interaction between physics and philosophy. Clearly written and well illustrated, the book first places the scientist-philosophers in the limelight as we learn how their great scientific discoveries forced them to reconsider the time-honored notions with which science had described the natural world. Then, the book explains that what we understand by nature and science have undergone fundamental conceptual changes as a result of the discoveries of electromagnetism, thermodynamics and atomic structure. Even more dramatically, the quantum theory and special theory of relativity questioned traditional assumptions about causation and the passage of time. The author concludes that the dance between science and philosophy is an evolutionary process, which will keep them forever entwined.

  3. Partition of Complementary Asset and Benefiting Decision-making of Innovator under Industrial Architecture%产业架构下互补性资产划分与创新者获利决策

    Institute of Scientific and Technical Information of China (English)

    何婧; 杜义飞; 杨振华

    2013-01-01

    This paper focuses on the problem arising from benefiting by investors, which is studied on the industrial architecture layer and derived from WiMAX innovation association and its benefit decision process. Based on the present game structure figure and function division, it constructs a model. The description of value creating characteristic function under partition structure deduces the propositions that how different industrial architectures impact the complementary and mobility. Furthermore, it gives the unified decision making model of innovators creating value and benefiting. The results show as follows: the complementary relates to the aspect of value creation and the mobile describes the other aspect of value appropriation, and the innovator prefers to cooperate with the monopoly firm with complementary assets under concentrated industries, and prefers to limit licenses under scattering industries.%从产业架构层面,结合WiMAX创新联盟及其获利决策过程,对创新者的获利决策问题进行了理论研究.基于合作博弈结构图和划分函数建立数学模型,通过刻画不同产业架构下的价值创造特征函数,得出不同产业架构如何影响互补性和移动性的命题,进而给出不同产业架构下创新者的价值创造与获利的统一决策模型和命题.研究发现:互补性紧密联系价值创造的一面,移动性刻画了价值获取的另一面;创新者在高度集中的产业结构下倾向于与垄断互补资产企业合作,在分散的产业结构下倾向于限制许可.

  4. Philosophical Foundations of Business Ethics

    DEFF Research Database (Denmark)

    Rendtorff, Jacob Dahl

    2016-01-01

    philosophy to business ethics and the ethics of organizations. Although the book covers a wide range of philosophers and philosophical movements, there is a core and deep unity of the book. This is the demonstration of how the conceptual resources of contemporary French philosophy from the early 20th Century...... to the present day can be applied to give us new perspectives on business ethics and the ethics of organizations.......This article gives an overview of my book French Philosophy and Social Theory. A Perspective for Ethics and Philosophy of Management, published by Springer 2014. As an extension of my earlier work on French philosophy, this book provides an application of important concepts from contemporary French...

  5. Philosophical Issues of Black Holes

    CERN Document Server

    Romero, Gustavo E

    2014-01-01

    Black holes are extremely relativistic objects. Physical processes around them occur in a regime where the gravitational field is extremely intense. Under such conditions, our representations of space, time, gravity, and thermodynamics are pushed to their limits. In such a situation philosophical issues naturally arise. In this chapter I review some philosophical questions related to black holes. In particular, the relevance of black holes for the metaphysical dispute between presentists and eternalists, the origin of the second law of thermodynamics and its relation to black holes, the problem of information, black holes and hypercomputing, the nature of determinisim, and the breakdown of predictability in black hole space-times. I maintain that black hole physics can be used to illuminate some important problems in the border between science and philosophy, either epistemology and ontology.

  6. Heterogeneity of Intellectual Assets

    DEFF Research Database (Denmark)

    Dahlgren, Johan Henrich; Lund Jensen, Rasmus; Valentin, Finn

    2004-01-01

    This paper deals with methodological issues of assessing the composition and level ofheterogeneity of firms' intellectual assets. It develops an original metric - referred to asthe H-index - for measuring heterogeneity using data extracted from patent documents.The main purpose is to improve...

  7. Philosophical introduction to set theory

    CERN Document Server

    Pollard, Stephen

    2015-01-01

    The primary mechanism for ideological and theoretical unification in modern mathematics, set theory forms an essential element of any comprehensive treatment of the philosophy of mathematics. This unique approach to set theory offers a technically informed discussion that covers a variety of philosophical issues. Rather than focusing on intuitionist and constructive alternatives to the Cantorian/Zermelian tradition, the author examines the two most important aspects of the current philosophy of mathematics, mathematical structuralism and mathematical applications of plural reference and plural

  8. Joseph Hooker: a philosophical botanist

    Indian Academy of Sciences (India)

    Jim Endersby

    2008-06-01

    The nineteenth-century British botanist, Joseph Dalton Hooker, was one of the people whose career became a model for that of the modern, professional scientist. However, he preferred to refer to himself as a philosophical botanist, rather than a professional. This paper explores the reasons for this choice, and analyses Hooker’s imperial approach to plant classification, the consequences of which are still with us.

  9. Con Drury: philosopher and psychiatrist.

    Science.gov (United States)

    Hayes, John

    2017-07-01

    Maurice O'Connor Drury (1907-76), an Irish psychiatrist, is best known for his accounts of his close friendship with the eminent twentieth-century philosopher, Ludwig Wittgenstein. His only book, The Danger of Words (1973), was well received by those who had an interest in the relationship between psychiatry, psychology and philosophy. This article concentrates on Drury's experiences, studies and writings in these fields.

  10. Distributed charging of electrical assets

    Energy Technology Data Exchange (ETDEWEB)

    Ghosh, Soumyadip; Phan, Dung; Sharma, Mayank; Wu, Chai Wah; Xiong, Jinjun

    2016-02-16

    The present disclosure relates generally to the field of distributed charging of electrical assets. In various examples, distributed charging of electrical assets may be implemented in the form of systems, methods and/or algorithms.

  11. Mario Bunge: Physicist and Philosopher

    Science.gov (United States)

    Matthews, Michael R.

    Mario Bunge was born in Argentina in the final year of the First World War.He learnt atomic physics and quantum mechanics from an Austrian refugee who had been a student of Heisenberg. Additionally he taught himself modern philosophy in an environment that was a philosophical backwater. He was the first South American philosopher of science to be trained in science. His publications in physics, philosophy, psychology, sociology and the foundations of biology, are staggering in number, and include a massive 8-volume Treatise on Philosophy. The unifying thread of his scholarship is the constant and vigorous advancement of the Enlightenment Project, and criticism of cultural and academic movements that deny or devalue the core planks of the project: namely its naturalism, the search for truth, the universality of science, rationality, and respect for individuals. At a time when specialisation is widely decried, and its deleterious effects on science, philosophy of science, educational research and science teaching are recognised - it is salutary to see the fruits of one person's pursuit of the Big'' scientific and philosophical picture.

  12. SIMPLE INNOVATION OF FINANCIAL ASSET

    Institute of Scientific and Technical Information of China (English)

    ZHANG Shunming

    2001-01-01

    This paper presents a simple two-period model of the innovationof financial asset by commission-revenue maximization exchange. The economic agents with meanvariance preferences take transaction costs in the process of trading the financial asset, the buying per-unit commission of the futures contract and the selling per-unit commission of the financial asset. The commission-revenue maximization exchange innovates financial asset.

  13. ONE TEACH HOW TO PHILOSOPHIZE, PHILOSOPHIZING ENSINA-SE A FILOSOFAR, FILOSOFANDO

    OpenAIRE

    2008-01-01

    If it is not possible to teach Philosophy but to philosophize, how to teach how to philosophize? Obviously, philosophizing. On the other hand, if Philosophy is not defined by an object of its own or by a privileged method, what is then that action referred to by the verb `philosophizing`? That Philosophy is not defined by an object or by any method seems clear enough. However, something, in general, should characterize the act of philosophizing. What seems to characterize it, however...

  14. Real Assets and Capital Structure

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2013-01-01

    We characterize the relation between asset structure and capital structure by exploiting variation in the salability of corporate assets. To establish this link, we distinguish across different assets in firms’ balance sheets (machinery, land, and buildings) and use an instrumental approach that

  15. Asset planning performance measurement framework

    NARCIS (Netherlands)

    Arthur, D.; Hodkiewicz, M.; Schoenmaker, R.; Muruvan, S.

    2014-01-01

    The international asset management standard ISO 55001, introduced in early 2014, outlines the requirement for an effective Asset Management System. Asset Management practitioners are seeking guidance on implementing one of the key requirements of the standard: the “line of sight” between the

  16. Real Assets and Capital Structure

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2013-01-01

    We characterize the relation between asset structure and capital structure by exploiting variation in the salability of corporate assets. To establish this link, we distinguish across different assets in firms’ balance sheets (machinery, land, and buildings) and use an instrumental approach that inc

  17. Environmental asset management: Risk management systems

    CSIR Research Space (South Africa)

    Naudé, Brian

    2017-07-01

    Full Text Available Environmental Asset Management (EAM) includes Environmental Asset Protection (EAP). Rare, important, and valuable natural assets need protection from vandalism and criminal syndicates determined to exploit these assets, for commercial gain or other...

  18. Leading beyond the bottom line: organizational assets for the new economy. 2.

    Science.gov (United States)

    Schenke, R; Berkowitz, E; Gaintner, J R; Hickey, M E; Hodge, R H; Ludden, J; Randolph, L M

    2000-01-01

    Organizations are created to aggregate resources to accomplish some purpose, be it to provide health care, raise a family, or build cars. These resources are assets. A manager has a fiduciary responsibility, by practice, and, in many cases, by law, to make the best use of those assets. Traditionally, we've evaluated the use of assets through financial statements. The troublesome aspect of these financial statements is that they were designed to measure only those things that can be counted simply--financial and physical assets. But our world has moved from an industrial, manufacturing age to an information, service economy and we are learning that intangible assets are as powerful--potentially more powerful--in creating value as are tangible assets. Recognizing the intangible asset value of employees, customers, and the community is the challenge in this new service economy. Effective health care leaders need to leverage and manage all of an organization's assets.

  19. Optimal Asset Pricing

    Directory of Open Access Journals (Sweden)

    Rolf Turner

    2014-07-01

    Full Text Available We describe an R package for determining the optimal price of an asset which is perishable in a certain sense, given the intensity of customer arrivals and a time-varying price sensitivity function which speci?es the probability that a customer will purchase an asset o?ered at a given price at a given time. The package deals with the case of customers arriving in groups, with a probability distribution for the group size being speci?ed. The methodology and software allow for both discrete and continuous pricing. The class of possible models for price sensitivity functions is very wide, and includes piecewise linear models. A mechanism for constructing piecewise linear price sensitivity functions is provided.

  20. Asset management program

    Energy Technology Data Exchange (ETDEWEB)

    Wison, P.; Newman, G. [Bruce Power, Tiverton, Ontario (Canada)

    2013-07-01

    In order to understand our assets we have been assessing the condition of the units in our nuclear power plants developing asset life management options on a component by component basis. We have concluded that with the right work and planning we will be able to manage the units in a way that balances capacity requirements over the long term and at the same time manage the demand on critical resources. Major component replacement outages include Installing/removing bulkheads, pressure tube and calandria tube replacement, feeder replacement, steam generator replacement, supporting facilities and infrastructure, reactor inspections and maintenance including tooling enhancements, additional non reactor systems inspection & testing and continued research and analysis. These plans will have to take into account cost, resource and capacity requirements.

  1. Evaluating the Knowledge Assets of Innovative Companies

    Directory of Open Access Journals (Sweden)

    Maen Al-Hawari

    2002-11-01

    Full Text Available Knowledge has long been recognised as a valuable resource for organisational growth and sustained competitive advantage, especially for organisations competing in an uncertain environment (Miller & Shamsie 1987. In the current post-industrial society, knowledge is recognised as a primary source of a company’s wealth. However knowledge assets are much more difficult to identify and measure than are the physical assets with which we are much more familiar. (Boisot 1998 As a company’s innovative capacity may be dependent upon its ability to take advantage of its knowledge assets, it is important to be able to identify and measure those assets. While large companies can afford extensive knowledge management projects, there is a acute need for a method by which managers in smaller organisations can easily and reliably locate, quantify and compare their knowledge assets in order to maximise their potential for innovation. The paper will begin with an overview of current thinking on the topic of Knowledge Management (KM. It will then introduce the three functions of the knowledge life cycle (Bhatt 2000, Tan 2000, the four modes of conversion between tacit and explicit knowledge (Nonaka 1995 and the five knowledge enablers (Von Krogh 2000. The research, reported here, aims to identify, from the literature, a set of knowledge elements that will give a balanced view of knowledge assets across the four modes and five enablers. An integrated model, which is the result of research to date by the authors, will then be defined. This model combines the functions of the knowledge life cycle and Nonaka’s knowledge creation spiral with the notion of I-Space, which has been used to classify information across three dimensions, to form a new model of K-Space, which can be used to classify the knowledge elements. The paper will present this model and discuss the appropriateness of a set of knowledge elements as a means of measuring the knowledge asset of an

  2. Accounting treatment of intangible assets

    OpenAIRE

    Gorgieva-Trajkovska, Olivera; Koleva, Blagica; Georgieva Svrtinov, Vesna

    2015-01-01

    The accounting for fixed assets is, in many cases, a straightforward exercise, but it isn’t always so when it comes to the issue of intangible fixed assets and recognizing such assets on the balance sheet. IAS 38, In¬tan¬gi¬ble Assets, outlines the accounting re¬quire¬ments for in¬tan¬gi¬ble assets, which are non-mon¬e¬tary assets which are without physical substance and iden¬ti¬fi¬able (either being separable or arising from con¬trac¬tual or other legal rights). In¬tan¬gi¬ble assets meeting ...

  3. Accounting treatment of intangible assets

    OpenAIRE

    Gorgieva-Trajkovska, Olivera; Koleva, Blagica; Georgieva Svrtinov, Vesna

    2015-01-01

    The accounting for fixed assets is, in many cases, a straightforward exercise, but it isn’t always so when it comes to the issue of intangible fixed assets and recognizing such assets on the balance sheet. IAS 38, In¬tan¬gi¬ble Assets, outlines the accounting re¬quire¬ments for in¬tan¬gi¬ble assets, which are non-mon¬e¬tary assets which are without physical substance and iden¬ti¬fi¬able (either being separable or arising from con¬trac¬tual or other legal rights). In¬tan¬gi¬ble assets meeting ...

  4. Philosophical Embodiments in Igbo Music

    Directory of Open Access Journals (Sweden)

    Ikenna Emmanuel Onwuegbuna

    2015-02-01

    Full Text Available The omnipresence of music in the human society and its utilitarian stance in the human life make the study of its philosophical tilt a necessity. Although the functionality of music can be ascertained from a myriad of perspectives, it is in the textual content and performance practices of folk songs that the general world view of a people is exposed. Through contemplation, appreciation, and analytical approaches, this research report reveals some of the set ideas, views, opinions, beliefs, and norms of the Igbo about the cosmos, nature, and providence, embodied in the folk songs of Mike Ejeagha—a folkloric popular musician of that regional extraction.

  5. INFORMATIZATION: PHILOSOPHICAL AND ANTHROPOLOGICAL PROBLEMS

    Directory of Open Access Journals (Sweden)

    A. A. Kosolapov

    2015-07-01

    Full Text Available Purpose.Computerization and informatization in recent decades gave the mankind automated electronic document management systems, automated process of production, Internet and network information resources WWW, expanded the communications capabilities and led to the globalization of the information society. At the same time gives rise to a number of processes of informatization philosophical and anthropological problems, that has become an existential character. It is necessary to identify and understanding of these issues on the basis of the gnoseological model of the evolution informatization paradigms and determine their main characteristics. Methodology. The system-activity approach was used; it allowed identifying and analyzing the impact of the main components of information and communication technologies (ICT for educational activities. And further to present them as a unified system of human activity in conditions computerization/informatization. The philosophical principles: a comprehensive review of the subject, the unity of the logical and historical, ascending from the abstract to the concrete was used. The general scientific principles: unity and development of the system, the decomposition hierarchy, individualization and cooperation, diversity and taxonomy were applied. Findings.The three-stage gnoseological model of the paradigms computerization/informatization evolution was proposed by the author. It is based on three information system characteristics: speed, interface and data access. The seven-bar anthrop-centric model, which is called the architecture of information systems (AIS, which describes the changes in their types of procuring, was proposed for each paradigm. The philosophical-anthropological problems that affect negatively its progress were formulated for each stage of modern information society transformation. Originality. The gnoseological model of development processes of informatization in the form of three

  6. On philosophical subjects and methods

    Institute of Scientific and Technical Information of China (English)

    Peng Fuchun

    2006-01-01

    With the consideration of some issues in contemporary philosophy,this thesis attempts to analyze being,thinking and language as philosophical subjects,and clear up the multiple meanings for each of them.It will also inquire the traditional methods in both Chinese and Western philosophy,and those in contemporary thinking.Finally,it puts forward a theory of"the critique without principles".The thesis aims to explore a new way to solve the problems of contemporary philosophy by changing its subjects and methods.

  7. Market competitiveness, intangible assets and efficiency in combination of fixed assets in companies listed on the BM&Fbovespa

    Directory of Open Access Journals (Sweden)

    Geovanne Dias de Moura

    2013-12-01

    Full Text Available The study aimed to analyze, among companies listed on BM&FBovespa, what is the relationship between market competitiveness, proportions of intangible assets and efficiency in combination of fixed assets. To this end, descriptive research and quantitative in a sample consisting of 268 companies, with data collected through the database Economática, for the period 2008 to 2010. In relation to the competitiveness of the market results showed there is monopoly in the economic sector, oil and gas, biofuel sectors oligopoly of industrial goods, financial and basic materials and a structure of perfect competition with slight increase of competitiveness over time in other sectors. As to the proportion of intangible assets generally amounted to 7% of the total assets of the companies in the year 2008, 9% in 2009 and 17% in the year 2010, with highlight to the public utility industries and information technology. In terms of efficiency in combination of fixed assets realized that the economic sector of information technology and oil, gas and biofuels were with companies that had the best combinations. The results of the 2008 to 2010 period have also shown that among companies listed on the BM&FBovespa sample, those in competitive environments (contingency factor had the largest proportion of intangible assets and the best combinations of investments and assets related to its intangible.

  8. Financial performances of Romanian wood industry companies

    Directory of Open Access Journals (Sweden)

    Fitim DEARI

    2015-06-01

    Full Text Available The purpose of this study is to analyze financial performances of 40 selected Romanian companies for the 2009-2013 period. The selected companies operate in the wood industry and we have used panel type data to perform a quantitative analysis. We have found that companies with higher total assets, current assets, average inventory and accounts receivables have higher sales. It seems larger companies with higher total and current assets (especially accounts receivable are more profitable than their counterparties. Similarly, larger companies with lower current assets, average inventory and accounts receivable have lower assets turnover. Companies with lower average inventory have higher ROA and assets turnover. Larger companies have more total and current assets, net profit, average inventory and accounts receivable than their counterparties, however they seem to display lower assets turnover and current to total assets ratio. Companies with higher current to total assets ratio have higher assets turnover and ROA.

  9. Dementia: sociological and philosophical constructions.

    Science.gov (United States)

    Davis, Daniel H J

    2004-01-01

    This analysis presents a challenge to the biomedical view of dementia as a disease. This view is critiqued from two perspectives: those of sociology and philosophy. Because these domains inform the creation of the medical discourse, their analysis provides an important refinement to the apprehension of the phenomenon of dementia. From the work of Foucault, and in particular his analysis of the historical origins of modern medicine, the sociological construction of dementia is considered. Following this, the philosophical question of Being is discussed, considering particularly the positions of Heidegger and Merleau-Ponty. Lastly aspects of dementia nursing that are damaging to those relatives forced to take on the role of primary carer are isolated, in the context of Kitwood's view that it is possible to maintain personhood at the extremes of this condition. It is suggested that this critique of sociological and philosophical foundations of dementia might offer a way of approaching the dismantling of the self and revise current conceptions of dementia care for the better.

  10. Asset sales, asset exchanges, and shareholder wealth in China

    Directory of Open Access Journals (Sweden)

    Weiting Huang

    2012-01-01

    Full Text Available In this paper, we study a sample of 1376 corporate asset sales and 250 asset exchanges in China between 1998 and 2006. We find that corporate asset sales in China enhance firm value with a cumulative abnormal return (CAR of 0.46% for the pre-announcement five-day period, which is consistent with the evidence discovered in both U.K. and U.S. For companies that exchanged assets during the sample period, the pre-announcement five-day CAR of 1.32% is statistically significant. We also discover that gains from divesting assets are positively related to managerial performance measured by Tobin's q ratio and the relative size of the asset sold or exchanged. Well-managed (high-q companies are more likely to sell or exchange assets in a value-maximizing fashion than poorly managed (low-q companies. Furthermore, asset-seller gains are not related to enhancing corporate focus, but improving corporate focus by exchanging for core assets enhances firm value.

  11. Tangible Asset Management In Real Sector Companies: A Parallel Between Industry Of Crude Oil Refining And Industry Of Refining Of Non Metallic Mineral In Colombia Gerenciamiento de activos tangibles en empresas del sector real: un paralelo entre industria de refinación de crudos e industria de refinación de minerales no metálicos en Colombia

    Directory of Open Access Journals (Sweden)

    John Jairo Forero Romero

    2012-08-01

    Full Text Available Enterprises around of the world are striving to understand and ensure that risks in utilities they govern are effectively managed while they must satisfy all expectations of their stakeholders. For this purpose there are now organisms and standardized management systems to manage financial risks, environmental hazards, industrial safety and occupational health risk. However, operational and reliability risks in the business lack an equivalent oversight body or an organizing framework through which enterprises can asses such risks , or define standards to which can be held accountable.The emergent understanding of asset management across all industry sectors has triggered a subsequent need for a standardized approach. This article identifies the key elements of asset management process and explains the benefits of the application of its elements with reference to two specific cases: the Barrancabermeja Refinery of Ecopetrol S.A. and  Sumicol S.A.Las empresas de todo el mundo se esfuerzan por comprender y asegurar que los riesgosen sus activos tangibles estén regidos bajo una administración eficaz y, a su vez, debenencargarse de cumplir con todas las expectativas de sus grupos de interés. Con estepropósito hoy en día existen organismos y sistemas de gestión estandarizados paraadministrar los riesgos financieros, ambientales, de seguridad de industrial y saludocupacional. Sin embargo, los riesgos operativos y de confiabilidad en el negocio hasta elmomento carecen de un órgano de supervisión equivalente, o un marco de organización através del cual las empresas pueden evaluar estos riesgos o definir las normas a las quepueden ser considerados responsables.El entendimiento emergente de la gestión efectiva de activos en todos los sectoresde la industria ha provocado una necesidad de un enfoque estandarizado. Este artículoidentifica los elementos clave del proceso de gestión de activos y explica los beneficiosde la aplicación de

  12. Pemilihan Model Asset Pricing

    OpenAIRE

    Pasaribu, Rowland Bismark Fernando

    2010-01-01

    The Capital Asset Pricing Model (CAPM) has dominated finance theory for over thirty years; it suggests that the market beta alone is sufficient to explain stock returns. However evidence shows that the cross-section of stock returns cannot be described solely by the one-factor CAPM. Therefore, the idea is to add other factors in order to complete the beta in explaining the price movements in the stock exchange. The Arbitrage Pricing Theory (APT) has been proposed as the first multifactor succ...

  13. Pricing Volatility Referenced Assets

    Directory of Open Access Journals (Sweden)

    Alan De Genaro Dario

    2006-12-01

    Full Text Available Volatility swaps are contingent claims on future realized volatility. Variance swaps are similar instruments on future realized variance, the square of future realized volatility. Unlike a plain vanilla option, whose volatility exposure is contaminated by its asset price dependence, volatility and variance swaps provide a pure exposure to volatility alone. This article discusses the risk-neutral valuation of volatility and variance swaps based on the framework outlined in the Heston (1993 stochastic volatility model. Additionally, the Heston (1993 model is calibrated for foreign currency options traded at BMF and its parameters are used to price swaps on volatility and variance of the BRL / USD exchange rate.

  14. Naturalizing phenomenology - A philosophical imperative.

    Science.gov (United States)

    Harney, Maurita

    2015-12-01

    is a conception developed by Merleau-Ponty, especially in his later ontology of nature, and one that is shared by American pragmatist philosopher of science, C.S. Peirce (1839-1914). For both philosophers, meaning must be understood in terms of an ontology which is relational rather than atomistic, and dynamic or processual rather than static and substance-based. For Merleau-Ponty this is an experientially-derived ontology; for Peirce it is a more conceptually-based one. In this paper, I explore this connection between these two philosophers in two stages. The first is by reference to Peirce's theory of signs or semiotics. More specifically, I look at the application of this theory to the study of biological processes as developed in Peirce-inspired biosemiotics. In the light of this, I suggest that Merleau-Ponty's account of intentional relations in nature might be articulated as semiotic relations, and can serve as a philosophical basis for a non-reductive biological science. I then turn to questions relating to the ontology of nature. I explore Merleau-Ponty's experientially-based "ontology of flesh" and Peirce's distinctive form of naturalism to show affinities at this ontological level. These affinities consist in commitments to a reality that includes possibility, meaning, temporality, and final causation - that is, an ontology which is far more inclusive than that of conventional positivistic science. Peirce's broader scientific metaphysics enables us to extend Merleau-Ponty's phenomenological naturalism beyond the biological to the physical sciences. Whilst Merleau-Ponty's ontology of nature provides the experiential basis necessary for a critique of scientism, Peirce establishes the relevance of that ontology for a re-conceived empirical science. Copyright © 2015. Published by Elsevier Ltd.

  15. Philosophical foundations of human rights

    CERN Document Server

    Liao, Matthew S

    2015-01-01

    What makes something a human right? What is the relationship between the moral foundations of human rights and human rights law? What are the difficulties of appealing to human rights? This book offers the first comprehensive survey of current thinking on the philosophical foundations of human rights. Divided into four parts, this book focusses firstly on the moral grounds of human rights, for example in our dignity, agency, interests or needs. 'Secondly, it looks at the implications that different moral perspectives on human rights bear for human rights law and politics. Thirdly, it discusses specific and topical human rights including freedom of expression and religion, security, health and more controversial rights such as a human right to subsistence. The final part discusses nuanced critical and reformative views on human rights from feminist, Kantian and relativist perspectives among others. The essays represent new and canonical research by leading scholars in the field. Each part is comprised of a set...

  16. Multiverses and Cosmology: Philosophical Issues

    CERN Document Server

    Stöger, W R; Kirchner, U

    2004-01-01

    The idea of a multiverse -- an ensemble of universes or universe domains -- has received increasing attention in cosmology, both as the outcome of the originating process that generated our own universe, and as an explanation for why our universe appears to be fine-tuned for life and consciousness. Here we carefully consider how multiverses should be defined, stressing the distinction between the collection of all possible universes, and ensembles of really existing universes, which are essential for an anthropic argument. We show that such realised multiverses are by no means unique, and in general require the existence of a well-defined and physically motivated distribution function on the space of all possible universes. Furthermore, a proper measure on these spaces is also needed, so that probabilities can be calculated. We then discuss several other major physical and philosophical problems which arise in the context of ensembles of universes, including the emergence and causal effectiveness of self-cons...

  17. Husserl and Shestov: philosophical antipodes

    Directory of Open Access Journals (Sweden)

    Katarzyna Szepieniec

    2014-06-01

    Full Text Available The paper contains a general characteristics of the relation between Lev Shestov’s philosophy of existence and transcendental phenomenology of Edmund Husserl. The analysis was largely inspired by Cezary Wodziński’s research on Shestov’s writings, including his book published in Polish Wiedza a zbawienie. Studium myśli Lwa Szestowa (1991. In 1931, inspired by Descartes’ Meditationes de prima philosophiae, Husserl began a total transformation of philosophy into a science absolutely founded, assumptionless and developed in the spirit of absolute self-responsibility. Thus, the idea of philosophy as an exact science and Descartes’ idea of a science absolutely founded became the aim. It resulted in a project of universal science which — according to Husserl — has been the aim of European philosophy from the beginning. Ultimately, this philosophy was to rebuild the whole model of European culture. Less than two years after the first edition of Die Krisis der europäischen Wissenchaften und die transzendentale Phänomenologie, Lev Shestov published his Athens and Jerusalem (1938 where he agrees with Husserl’s diagnosis that the whole European culture is in a stage of a deep crisis which goes to its very foundations. However, Shestov points at the radically different sources of that crisis. Paradoxically, a remarkable friendship connecting these two thinkers did not affect the similarity of their views. In fact, they are located at the opposite poles of the contemporary philosophical scene. The friendship of Shestov and Husserl was born in the atmosphere of an intense and uncompromising intellectual debate. Both thinkers are strongly convinced that the fate of European culture and European understanding what it is to be man are decided in the realm of philosophy. So, the philosophical projects they offer are two extremely critical visions of culture. At the same time they suggest a way the European culture should be thoroughly reformed

  18. Targeted assets risk analysis.

    Science.gov (United States)

    Bouwsema, Barry

    2013-01-01

    Risk assessments utilising the consolidated risk assessment process as described by Public Safety Canada and the Centre for Security Science utilise the five threat categories of natural, human accidental, technological, human intentional and chemical, biological, radiological, nuclear or explosive (CBRNE). The categories of human intentional and CBRNE indicate intended actions against specific targets. It is therefore necessary to be able to identify which pieces of critical infrastructure represent the likely targets of individuals with malicious intent. Using the consolidated risk assessment process and the target capabilities list, coupled with the CARVER methodology and a security vulnerability analysis, it is possible to identify these targeted assets and their weaknesses. This process can help emergency managers to identify where resources should be allocated and funding spent. Targeted Assets Risk Analysis (TARA) presents a new opportunity to improve how risk is measured, monitored, managed and minimised through the four phases of emergency management, namely, prevention, preparation, response and recovery. To reduce risk throughout Canada, Defence Research and Development Canada is interested in researching the potential benefits of a comprehensive approach to risk assessment and management. The TARA provides a framework against which potential human intentional threats can be measured and quantified, thereby improving safety for all Canadians.

  19. The Philosophical Foundations of Lifelong Learning.

    Science.gov (United States)

    Michopoulos, Aristotle

    The current lifelong learning movement, the new force toward global education, owes much to the League of Nations and the United Nations that sponsored an expanded multiracial "polis." Its philosophical foundations go back, however, to ancient China, India, and especially Greece, where philosophers and scientists got their creative stimulus from…

  20. The Philosophical Ground of Modern Socialist Sport.

    Science.gov (United States)

    Osterhoudt, Robert G.

    1985-01-01

    Philosophical accounts of sport's sociopolitical purposes tend either to condemn or promote various political ideologies. This essay gives a synthetic interpretation of the philosophical groundwork of judgments about socialist sport in terms of Hegel's contributions to Marxist thought and the implications of Marxist thought for modern sporting…

  1. The Philosophical Ground of Modern Socialist Sport.

    Science.gov (United States)

    Osterhoudt, Robert G.

    1985-01-01

    Philosophical accounts of sport's sociopolitical purposes tend either to condemn or promote various political ideologies. This essay gives a synthetic interpretation of the philosophical groundwork of judgments about socialist sport in terms of Hegel's contributions to Marxist thought and the implications of Marxist thought for modern sporting…

  2. A New Philosophical Underpinning of Macromarketing Theories

    DEFF Research Database (Denmark)

    Skytte, Hans

    2014-01-01

    and concepts: “language is autonomous”, “concept”, “seeing as”, “language-games”, etc. In this paper these philosophical thoughts and concepts combine so that they over time form recursive processes which spiral. These processes are taken as the philosophical foundation for researching the language and actions...... of the social actors in marketing systems. The unit of analysis for marketing systems and macromarketing issues is the idea in the recursive process and spiral. The introduction gives a brief overview of what is understood by macromarketing. Followed by a thorough explanation of many of Wittgenstein......This paper proposes a new philosophical foundation for analyzing macromarketing issues, and for further development of macromarketing theory, building on the language philosophy developed by the German/British philosopher Ludwig Wittgenstein. The building blocks are a number philosophical thoughts...

  3. Industry

    Energy Technology Data Exchange (ETDEWEB)

    Bernstein, Lenny; Roy, Joyashree; Delhotal, K. Casey; Harnisch, Jochen; Matsuhashi, Ryuji; Price, Lynn; Tanaka, Kanako; Worrell, Ernst; Yamba, Francis; Fengqi, Zhou; de la Rue du Can, Stephane; Gielen, Dolf; Joosen, Suzanne; Konar, Manaswita; Matysek, Anna; Miner, Reid; Okazaki, Teruo; Sanders, Johan; Sheinbaum Parado, Claudia

    2007-12-01

    This chapter addresses past, ongoing, and short (to 2010) and medium-term (to 2030) future actions that can be taken to mitigate GHG emissions from the manufacturing and process industries. Globally, and in most countries, CO{sub 2} accounts for more than 90% of CO{sub 2}-eq GHG emissions from the industrial sector (Price et al., 2006; US EPA, 2006b). These CO{sub 2} emissions arise from three sources: (1) the use of fossil fuels for energy, either directly by industry for heat and power generation or indirectly in the generation of purchased electricity and steam; (2) non-energy uses of fossil fuels in chemical processing and metal smelting; and (3) non-fossil fuel sources, for example cement and lime manufacture. Industrial processes also emit other GHGs, e.g.: (1) Nitrous oxide (N{sub 2}O) is emitted as a byproduct of adipic acid, nitric acid and caprolactam production; (2) HFC-23 is emitted as a byproduct of HCFC-22 production, a refrigerant, and also used in fluoroplastics manufacture; (3) Perfluorocarbons (PFCs) are emitted as byproducts of aluminium smelting and in semiconductor manufacture; (4) Sulphur hexafluoride (SF{sub 6}) is emitted in the manufacture, use and, decommissioning of gas insulated electrical switchgear, during the production of flat screen panels and semiconductors, from magnesium die casting and other industrial applications; (5) Methane (CH{sub 4}) is emitted as a byproduct of some chemical processes; and (6) CH{sub 4} and N{sub 2}O can be emitted by food industry waste streams. Many GHG emission mitigation options have been developed for the industrial sector. They fall into three categories: operating procedures, sector-wide technologies and process-specific technologies. A sampling of these options is discussed in Sections 7.2-7.4. The short- and medium-term potential for and cost of all classes of options are discussed in Section 7.5, barriers to the application of these options are addressed in Section 7.6 and the implication of

  4. The Discipline of Asset Allocation.

    Science.gov (United States)

    Petzel, Todd E.

    2000-01-01

    Discussion of asset allocation for college/university endowment funds focuses on three levels of risk: (1) the absolute risk of the portfolio (usually leading to asset diversification); (2) the benchmark risk (usually comparison with peer institutions; and (3) personal career risk (which may incline managers toward maximizing short-term returns,…

  5. Brand as an intangible asset

    OpenAIRE

    Shigina Natalya Sergeevna

    2012-01-01

    Purpose - determine the place and role of brand intangible assets. Methodology - investigations are analytical in nature. Results - the analysis of influence of the brand on a reputation for enterprise approaches to the evaluation of the brand as an asset, specify the value of the brand should be reflected in the balance sheet. Practical implications - these studies can be useful for any enterprise.

  6. Philosophical foundations of qualitative research.

    Science.gov (United States)

    Boyd, C O

    1993-08-01

    Although new and still emerging for us, qualitative research approaches have been receiving considerable attention for some time in other disciplines. Along with philosophical debates, there are debates about whether there needs to be a debate. On a philosophical level, there is irreconcilable conflict between the quantitative and qualitative paradigms. It is important to recognize this conflict, avoiding illogical compromise. Yet, proponents of each paradigm need to applaud both the existence of the other and the hybrid paradigms that inevitably are born of conflict. An apt beginning would be broader definitions of what constitutes science and research in nursing, eliminating the sense-organ bias that is so contrary to our philosophy for practice. This alone would provide qualitative nurse researchers with the sanction they need to progress in their exploration of various approaches to creating a science and a body of knowledge in, for, and about nursing practice. In the chapters to follow, readers will be introduced to several qualitative research approaches. Each approach represents an interpretation of the qualitative paradigm in nursing research, grounded in the general perspective of phenomenological philosophy. This perspective focuses on phenomena as they appear and recognizes that reality is subjective and a matter of appearances for us in our social world. Subjectivity means that the world becomes real through our contact with it and acquires meaning through our interpretations of that contact. Truth, then, is a composite of realities, and access to truth is a problem of access to human subjectivity. This perspective guides the qualitative researcher in nursing to the subject matter of lived experiences, which are the original contacts with a world, and of the processes and content of interpretation--the meaning attributions that constitute realities and perspectives for a future of possibilities in the world. Other consequences of a phenomenological

  7. Evaluation of the Effect of Non-Current Fixed Assets on Profitability and Asset Management Efficiency

    Science.gov (United States)

    Lubyanaya, Alexandra V.; Izmailov, Airat M.; Nikulina, Ekaterina Y.; Shaposhnikov, Vladislav A.

    2016-01-01

    The purpose of this article is to investigate the problem, which stems from non-current fixed assets affecting profitability and asset management efficiency. Tangible assets, intangible assets and financial assets are all included in non-current fixed assets. The aim of the research is to identify the impact of estimates and valuation in…

  8. Industrialization

    African Journals Online (AJOL)

    Lucy

    Second World era international system (1945-1990) may not have done any good to ... wedge between the capitalist and socialist blocs, not only blurred Third World .... Politics and the Stages of Economic Growth, Cambridge: Cambridge ... complex industries producing mainly for export, but also producing for local.

  9. A philosophical analysis of neuroenergetics

    Directory of Open Access Journals (Sweden)

    Robert eShulman

    2011-11-01

    Full Text Available Neuroimaging studies measure cerebral rates of glucose and oxygen consumption yet they are often interpreted to support philosophical positions about mental processes presumed to represent behavior. Cognitive Neuroscience has claimed that Neuroimaging resolves Descartes’ dualism of Mind and Matter by mapping such presumed mental processes onto the brain. Bennett & Hacker point out that this is nonsense because a person, not the brain, performs observable activities such as remembering, planning or voting. This analysis is supported by the continuing inability of neuroimaging to locate the modular brain activities postulated to perform mental activity. Pragmatist philosophy emphasizes that such postulated representations are contingent hypothesis invented to deal with the world in everyday life and are not definable as proposed by Cognitive Neuroscience. A recent philosophy of Mechanisms, reflecting what biologists actually do when explaining observable phenomena, looks for explanations not from postulated representations but from multi-level, multi-disciplinary mechanisms of metabolism and energetics which are actually measured in neuroimaging. The value of this philosophy is illustrated by the experimental relations between cerebral energetics in disorders of consciousness and the response to stimuli.

  10. Is Mozi a utilitarian philosopher?

    Institute of Scientific and Technical Information of China (English)

    Hao Changchi

    2006-01-01

    In this essay I argue that Mozi's philosophy is anything but utilitarianism by way of analysing four ethical theories.Utilitarianism is an ethics in which the moral subiect is an atomic individual human being,and its concern is how to fulfill the interests of the individual self and the social maiority.Confucian ethics is centered on the notion of the family and its basic question is that of priority in the relationship between the small self and the enlarged or collective self.Opposite to these two moral theories is Mozi's ethics:The interests that Mozi is primarily concerned with are not the interests of my individual self or my collective self,but the interests of the other.The fulfillment of the material needs of the other is my moral obligation.The arguments are centered on the three basic concepts,"the I,""the we,"and"me other."The significance Of Mozi's thought in modern or postmodern context lies in its striking resemblance to the philosophy of a contemporary western philosopher,Levinas.In both Mozi and Levinas,there is a suspension of utilitarianism.

  11. Asset allocation using option-implied moments

    Science.gov (United States)

    Bahaludin, H.; Abdullah, M. H.; Tolos, S. M.

    2017-09-01

    This study uses an option-implied distribution as the input in asset allocation. The computation of risk-neutral densities (RND) are based on the Dow Jones Industrial Average (DJIA) index option and its constituents. Since the RNDs estimation does not incorporate risk premium, the conversion of RND into risk-world density (RWD) is required. The RWD is obtained through parametric calibration using the beta distributions. The mean, volatility, and covariance are then calculated to construct the portfolio. The performance of the portfolio is evaluated by using portfolio volatility and Sharpe ratio.

  12. 10th World Congress on Engineering Asset Management

    CERN Document Server

    Kortelainen, Helena; Aaltonen, Jussi; Uusitalo, Teuvo; Komonen, Kari; Mathew, Joseph; Laitinen, Jouko

    2016-01-01

    This book comprises refereed papers from the 10th World Congress on Engineering Asset Management (WCEAM 2015), held in Tampere, Finland in September 2015. These proceedings include a compilation of state-of-the-art papers covering a comprehensive range of subjects equally relevant to business managers and engineering professionals alike. With a focus on various aspects of engineering asset management ranging from strategic level issues to detail-level machine health issues, these papers address both industry and public sector concerns and issues, as well as advanced academic research. Proceedings of the WCEAM 2015 is an excellent reference and resource for asset management practitioners, researchers and academics, as well as undergraduate and postgraduate students at tertiary institutions or in the industry.

  13. Digital asset ecosystems rethinking crowds and cloud

    CERN Document Server

    Blanke, Tobias

    2014-01-01

    Digital asset management is undergoing a fundamental transformation. Near universal availability of high-quality web-based assets makes it important to pay attention to the new world of digital ecosystems and what it means for managing, using and publishing digital assets. The Ecosystem of Digital Assets reflects on these developments and what the emerging 'web of things' could mean for digital assets. The book is structured into three parts, each covering an important aspect of digital assets. Part one introduces the emerging ecosystems of digital assets. Part two examines digital asset manag

  14. Philosophical foundations of interpretations of quantum mechanics

    CERN Document Server

    Bezlepkin, Evgeny

    2016-01-01

    It is demonstrated that the reason for the diversity of interpretations of quantum mechanics is that they are not connected by continuity relations with classical physics, and also the reason is the impossibility of operationalist definition of the vector of state. The problem lies in the incompatibility of the philosophical foundations of interpretations, which results in the difficulty of building a unified picture of the world. To solve the problem, we identify general philosophical foundation of interpretations of quantum mechanics and built their classification. We also show that in more general theories, the part of which is quantum mechanics, it is possible to integrate (reconcile) the philosophical foundations of interpretations.

  15. PHILOSOPHICAL ASPECTS OF THE QUALIMETRIC METHODOLOGY

    Directory of Open Access Journals (Sweden)

    V. V. Savtseva

    2014-01-01

    Full Text Available Philosophical meaning of the category "quality" is defined, the role of quality control in the evaluation of quality is justified, ontological, axiological, phenomenological aspects of quality control are characterized.

  16. Commercial Building Energy Asset Rating Program -- Market Research

    Energy Technology Data Exchange (ETDEWEB)

    McCabe, Molly J.; Wang, Na

    2012-04-19

    Under contract to Pacific Northwest National Laboratory, HaydenTanner, LLC conducted an in-depth analysis of the potential market value of a commercial building energy asset rating program for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy. The market research objectives were to: (1) Evaluate market interest and need for a program and tool to offer asset rating and rapidly identify potential energy efficiency measures for the commercial building sector. (2) Identify key input variables and asset rating outputs that would facilitate increased investment in energy efficiency. (3) Assess best practices and lessons learned from existing national and international energy rating programs. (4) Identify core messaging to motivate owners, investors, financiers, and others in the real estate sector to adopt a voluntary asset rating program and, as a consequence, deploy high-performance strategies and technologies across new and existing buildings. (5) Identify leverage factors and incentives that facilitate increased investment in these buildings. To meet these objectives, work consisted of a review of the relevant literature, examination of existing and emergent asset and operational rating systems, interviews with industry stakeholders, and an evaluation of the value implication of an asset label on asset valuation. This report documents the analysis methodology and findings, conclusion, and recommendations. Its intent is to support and inform the DOE Office of Energy Efficiency and Renewable Energy on the market need and potential value impacts of an asset labeling and diagnostic tool to encourage high-performance new buildings and building efficiency retrofit projects.

  17. 75 FR 70966 - Transit Asset Management (TAM) Pilot Program

    Science.gov (United States)

    2010-11-19

    ... inventories and improve the level of asset management in the public transportation industry as a whole, FTA is... evaluations. Proposers will be required to assist FTA in reporting the TAM pilot program's progress to... available commercial product if new. 5. Any proposed software system must explicitly state what data...

  18. The Lublin Philosophical School: Founders, Motives, Characteristics

    Directory of Open Access Journals (Sweden)

    Mieczysław A. Krąpiec

    2015-12-01

    Full Text Available The article is focused on the Lublin Philosophical School; it explains its name, presents its founders, reveals the causes of its rise, and introduce the specific character of the School’s philosophy. It starts with stating the fact that in the proper sense, the term “Lublin Philosophical School” describes a way of cultivating realistic (classical philosophy developed in the 1950s by a group of philosophers at the Catholic University of Lublin, Poland. The Lublin Philosophical School is characterized by cognitive realism (the object of cognition is really existing being, maximalism (taking up all existentially important questions, methodological autonomy (in relation to the natural-mathematical sciences and theology, transcendentalism in its assertions (its assertions refer to all reality, methodological-epistemological unity (the same method applied in objectively cultivated philosophical disciplines, coherence (which guarantees the objective unity of the object, and objectivity (achieved by the verifiability of assertions on their own terms, which is achieved by relating them in each instance to objective evidence. The term is the name of the Polish school of realistic (classical philosophy that arose as a response to the Marxism that was imposed administratively on Polish institutions of learning, and also as a response to other philosophical currents dominant at the time such as phenomenology, existentialism, and logical positivism.

  19. The Lublin Philosophical School: Founders, Motives, Characteristics

    Directory of Open Access Journals (Sweden)

    Mieczysław A. Krąpiec

    2015-12-01

    Full Text Available The article is focused on the Lublin Philosophical School; it explains its name, presents its founders, reveals the causes of its rise, and introduce the specific character of the School’s philosophy.It starts with stating the fact that in the proper sense, the term “Lublin Philosophical School” describes a way of cultivating realistic (classical philosophy developed in the 1950s by a group of philosophers at the Catholic University of Lublin, Poland. The Lublin Philosophical School is characterized by cognitive realism (the object of cognition is really existing being, maximalism (taking up all existentially important questions, methodological autonomy (in relation to the natural-mathematical sciences and theology, transcendentalism in its assertions (its assertions refer to all reality, methodological-epistemological unity (the same method applied in objectively cultivated philosophical disciplines, coherence (which guarantees the objective unity of the object, and objectivity (achieved by the verifiability of assertions on their own terms, which is achieved by relating them in each instance to objective evidence. The term is the name of the Polish school of realistic (classical philosophy that arose as a response to the Marxism that was imposed administratively on Polish institutions of learning, and also as a response to other philosophical currents dominant at the time such as phenomenology, existentialism, and logical positivism.

  20. Asset management techniques for transformers

    Energy Technology Data Exchange (ETDEWEB)

    Abu-Elanien, Ahmed E.B.; Salama, M.M.A. [University of Waterloo, Waterloo, ON (Canada)

    2010-04-15

    In a deregulated/reformed environment, the electric utilities are under constant pressure for reducing operating costs, enhancing the reliability of transmission and distribution equipments, and improving quality of power and services to the customer. Moreover, the risk involved in running the system without proper attention to assets integrity in service is quite high. Additionally, the probability of losing any equipment vital to the transmission and distribution system, such as power and distribution transformers, is increasing especially with the aging of power system's assets. Today the focus of operating the power system is changed and efforts are being directed to explore new approaches/techniques of monitoring, diagnosis, condition evaluation, maintenance, life assessment, and possibility of extending the life of existing assets. In this paper, a comprehensive illustration of the transformer asset management activities is presented. The importance of each activity together with the latest researches done in the area is highlighted. (author)

  1. 24 CFR 990.270 - Asset management.

    Science.gov (United States)

    2010-04-01

    ... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Asset management. 990.270 Section... THE PUBLIC HOUSING OPERATING FUND PROGRAM Asset Management § 990.270 Asset management. As owners, PHAs have asset management responsibilities that are above and beyond property management activities....

  2. Third Party Logistics: Is asset intensity competition as asset for growth?

    OpenAIRE

    Kwa, Francis CH

    2010-01-01

    Logistics trade journals, research literatures and annual reports from third party logistics firms claimed “Asset Intensity” strategy (asset-based, asset-light, non asset-based) is a strategy for superior financial performance. This thesis seeks to determine the origin and definition of the “Asset Intensity” strategy and its claim as a strategy for superior financial performance.

  3. Causes of asset shortages in emerging markets

    Directory of Open Access Journals (Sweden)

    Jiaqian Chen

    2013-01-01

    Full Text Available We first illustrate that emerging markets (EMs face a shortage of financial assets, with financial assets not growing as rapidly as domestic savings. An estimation to quantify the asset shortage in EMs for 1995–2008 is then undertaken. A theoretical model is developed to explain why asset shortages occur. We then econometrically estimate the causes of asset shortages, and conclude with policy implications.

  4. A PERFORMANCE MANAGEMENT MODEL FOR PHYSICAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    J.L. Jooste

    2012-01-01

    Full Text Available

    ENGLISH ABSTRACT: There has been an emphasis shift from maintenance management towards asset management, where the focus is on reliable and operational equipment and on effective assets at optimum life-cycle costs. A challenge in the manufacturing industry is to develop an asset performance management model that is integrated with business processes and strategies. The authors developed the APM2 model to satisfy that requirement. The model has a generic reference structure and is supported by operational protocols to assist in operations management. It facilitates performance measurement, business integration and continuous improvement, whilst exposing industry to the latest developments in asset performance management.

    AFRIKAANSE OPSOMMING: Daar is ‘n klemverskuiwing vanaf onderhoudsbestuur na batebestuur, waar daar gefokus word op betroubare en operasionele toerusting, asook effektiewe bates teen optimum lewensikluskoste. ‘n Uitdaging in die vervaardigingsindustrie is die ontwikkeling van ‘n prestasiemodel vir bates, wat geïntegreer is met besigheidsprosesse en –strategieë. Die outeurs het die APM2 model ontwikkel om in hierdie behoefte te voorsien. Die model het ‘n generiese verwysingsstruktuur, wat ondersteun word deur operasionele instruksies wat operasionele bestuur bevorder. Dit fasiliteer prestasiebestuur, besigheidsintegrasie en voortdurende verbetering, terwyl dit die industrie ook blootstel aan die nuutste ontwikkelinge in prestasiebestuur van bates.

  5. Asset Class Liquidity Risk

    OpenAIRE

    Ronnie Sadka

    2014-01-01

    This paper studies liquidity risk, as measured by the covariation of returns with unexpected changes in aggregate liquidity, across 106 indices covering global equity, industry sectors, fixed income, and hedge funds. Roughly 20% of all sample indices, and over 50% of hedge-fund indices, display a significant exposure to liquidity risk. The annualized cross-sectional liquidity risk premium is estimated at about 2%. The results are robust to various controls and methodological choices. Practica...

  6. 滨海融资租赁业与全社会固定资产投资融资租赁及 GDP 关系的模型分析%The analysis with model in the financial leasing industry and the whole social fixed assets investment financing lease and GDP relationship

    Institute of Scientific and Technical Information of China (English)

    陈永清

    2015-01-01

    Financial leasing is the lessor for the selected object lease financing to purchase the object of long-term lease to the lessee , rentals and financing combined with financial , trade, and service characteris-tics.Financial leasing has become an important financing channel in foreign financial financing , known as the new economy facilitator.Our country financing leasing also made great progress in recent years , organization system constantly improved , assets management quality has improved significantly.To analyze the coastal leas-ing industry and macroeconomic effects , explore the domestic infrastructure development status in financial leasing industry , the analysis of the relation coastal leasing industry fixed asset investment and GDP , and to analyze policy proposals , hoping to provide lease financing for development some reference.%通过出租人对选定租赁物件进行融资购买将物件长期出租给承租人融资租赁结合了金融、贸易和服务。在国外,融资租赁已经成为重要的资金供应渠道,被称为新经济的促进者。近年来,我国融资租赁业进步很大,机构体系不断健全,资产经营质量明显提高。在分析滨海融资租赁业与宏观经济效应,以及国内融资租赁行业发展现状基础上,实证分析滨海融资租赁业与固定资产投资及GDP的关系,并提出政策建议。

  7. [On the philosophical genealogy of Freud].

    Science.gov (United States)

    Dimitrov, C T

    1975-06-01

    The origins of psycho-analysis, like those of every other medico-psychological study, have their own particular scientific and specific social, historical and philosophical-theoretical presuppositions. Freud's philosophical genealogy is closely linked to classical german philosophy and subsequent philosophical movements. I. Kant, J.-F. Herbart, A. Schopenhauer, F. Nietzsche, E. v. Hartmann, G. T. Fechner, E. Mach, W. Ostwald, L. Feuerbach and others did not only emphasise the significance of drives and the unconscious in human behaviour, they also described many psychological mechanisms from depth psychology, (for example repression, condensation, substitution, sublimation). Some false theoretical trends in psycho-analysis (biologism, psychologism and simplifying psycho-energetics to simplify) can be explained to some extent by the influences mentioned above.

  8. Why Philosophers Should Care About Computational Complexity

    CERN Document Server

    Aaronson, Scott

    2011-01-01

    One might think that, once we know something is computable, how efficiently it can be computed is a practical question with little further philosophical importance. In this essay, I offer a detailed case that one would be wrong. In particular, I argue that computational complexity theory---the field that studies the resources (such as time, space, and randomness) needed to solve computational problems---leads to new perspectives on the nature of mathematical knowledge, the strong AI debate, computationalism, the problem of logical omniscience, Hume's problem of induction and Goodman's grue riddle, the foundations of quantum mechanics, economic rationality, closed timelike curves, and several other topics of philosophical interest. I end by discussing aspects of complexity theory itself that could benefit from philosophical analysis.

  9. A Philosophical Perspective on Evolutionary Systems Biology.

    Science.gov (United States)

    O'Malley, Maureen A; Soyer, Orkun S; Siegal, Mark L

    2015-03-01

    Evolutionary systems biology (ESB) is an emerging hybrid approach that integrates methods, models, and data from evolutionary and systems biology. Drawing on themes that arose at a cross-disciplinary meeting on ESB in 2013, we discuss in detail some of the explanatory friction that arises in the interaction between evolutionary and systems biology. These tensions appear because of different modeling approaches, diverse explanatory aims and strategies, and divergent views about the scope of the evolutionary synthesis. We locate these discussions in the context of long-running philosophical deliberations on explanation, modeling, and theoretical synthesis. We show how many of the issues central to ESB's progress can be understood as general philosophical problems. The benefits of addressing these philosophical issues feed back into philosophy too, because ESB provides excellent examples of scientific practice for the development of philosophy of science and philosophy of biology.

  10. YHWH and the God of philosophical theology

    Directory of Open Access Journals (Sweden)

    J W Gericke

    2005-10-01

    Full Text Available In popular orthodox Christian philosophical theology, it is often taken for granted that the divine philosophised about is none other than the Hebrew deity YHWH himself. Moreover , it is often assumed that the Old� Testament depicts YHWH as being, inter alia, single, omnipotent, omniscient, omnipresent, and eternal. Now while it is to be admitted that there are indeed depictions of YHWH in the Old Testament in which his profile might be thought of as corresponding more or less to the popular philosophical ideal, it is also true that there are many representations that contradict it. In this article, the author looks at how the popular profile of� YHWH in the Old Testament as reconstructed by some philosophical theologians claiming to be �biblical�� is deconstructed when it is juxtaposed with alternative renderings of the divine in the same texts.

  11. Towards Efficient Public Sector Asset Management

    Directory of Open Access Journals (Sweden)

    Mihaela Grubišić

    2009-09-01

    Full Text Available Governments are accountable for providing quality public services to their citizens at the most favourable terms. They are, among other issues, responsible for managing a diversified public asset portfolio.This paper examines one of the critical financial challenges in Croatia: managing public sector assets efficiently. It attempts to facilitate better understanding of public asset management as an integral part of public sector reforms. The lack of reliable information on public assets in place hinders determination of the assets’value, budgeting for asset management activities and evaluating public asset portfolio performance. As a result, assets are managed on an ad-hoc, often reactive basis. Starting from the concept that public authorities have to be fully accountable to the public, we propose the preconditions necessary for commencing proper public asset management practice in Croatia. Our model might help other countries that are also faced with public asset management inefficiency.

  12. 2014 World Congress on Engineering Asset Management

    CERN Document Server

    Hoohlo, Changela; Mathew, Joe

    2015-01-01

    Engineering asset management encompasses all types of engineered assets including built environment, infrastructure, plant, equipment, hardware systems and components. Following the release of ISO 5500x set of standards, the 9th WCEAM addresses the hugely important issue of what constitutes the body of knowledge in Engineering Asset Management. Topics discussed by Congress delegates are grouped into a number of tracks including strategies for investment and divestment of assets, operations and maintenance of assets, assessments of assets condition, risk and vulnerability, technologies and systems for management of asset, standards, education, training and certification. These proceedings include a sample of the wide range of topics presented during the 9th World Congress on Engineering Asset Management in Pretoria South Africa 28 – 31 October, 2014 and complements other emerging publications and standards that embrace the wide ranging issues concerning the management of engineered physical assets.

  13. ASSETS STRUCTURE AT CREDIT UNIONS

    Directory of Open Access Journals (Sweden)

    Tiplea Augustin

    2011-12-01

    Full Text Available Balance is a static tool for assessing the entity's position, profit and loss on one hand and cash flow statement on the other hand. These are dynamic situations on one hand showing the effectiveness or ineffectiveness of the total consumption of resources ( profit and loss and on the other hand entity's business viability (by cash flows. As reflection of financial position, the balance, established at the end of the reporting period (called a financial year, describes separately items of assets, liabilities and equity of the company. Assets are resources controlled by the enterprise as a result of past events and from which is expected to generate future economic benefits for the enterprise. The economic benefits correspond to a production potential, a possibility for conversion into cash or a reduction in output capacity of funds (cost reduction that an asset contributes, directly or indirectly to a company-specific cash flow.

  14. The Philosophical Framework for Understanding Neuroscientific Research

    Directory of Open Access Journals (Sweden)

    Olga Markič

    2013-10-01

    Full Text Available New tools and methods for investigating the brain have given neuroscientists a chance to examine the working brain and placed neuroscience as the central discipline in cognitive science. My main goal in this article is to examine theoretical and philosophical assumptions on which different understandings and interpretations of neuroscientific research are based and to show why philosophical reflection on neuroscience is needed. I first discuss different roles philosophy potentially plays in cognitive science. After a short presentation of Descartes’ position concerning the mind body problem and cognitive science approaches to answer his challenge, I examine different theoretical frameworks for neuroscientific research.

  15. The Theoretical Practices of Physics Philosophical Essays

    CERN Document Server

    Hughes, R I G

    2009-01-01

    R.I.G Hughes presents a series of eight philosophical essays on the theoretical practices of physics. The first two essays examine these practices as they appear in physicists' treatises (e.g. Newton's Principia and Opticks) and journal articles (by Einstein, Bohm and Pines, Aharonov and Bohm). By treating these publications as texts, Hughes casts the philosopher of science in the role of critic. This premise guides the following 6 essays which deal with variousconcerns of philosophy and physics such as laws, disunities, models and representation, computer simulation, explanation, and the disc

  16. Basic characteristics of the development of Serbian philosophical periodicals

    Directory of Open Access Journals (Sweden)

    Lolić Marinko

    2013-01-01

    Full Text Available This work discusses the creation, development, and key characteristics of philosophical periodicals in Serbia, as one of the most important institutional pillars for the development of a philosophical culture. The author shows that Serbian philosophical periodicals played a significant role in the development and dissemination, not only of its primary goal, philosophical culture, but also in building general standards of criticism, necessary for critical thinking in science and our society. At the end of the account, the author emphasizes that Serbian philosophical periodicals, in over a century of development, have managed to establish a broad philosophical communication with various traditions, directions and streams of philosophical thought. However, due to strong ideological breaks in history, it was not able of maintaining the continuity necessary for establishing clear and strong scientific criteria in assessing philosophical output and other philosophical activity in our milieu. [Projekat Ministarstva nauke Republike Srbije, br. 43007

  17. Ten rules for asset protection planning.

    Science.gov (United States)

    Adkisson, Jay D; Keller, Lawrence B

    2013-12-01

    Asset protection planning is a highly technical area of legal planning. Because of the fraudulent transfer laws, asset protection planning must be done in advance of any claim, be technically sound, not rely upon secrecy, and avoid any number of critical mistakes including keeping personal and business assets separate. Physicians who engage in asset protection planning must avoid critical mistakes, and not count on bankruptcy to provide relief from creditors. General rules and cautions for those who are considering the creation of an asset protection plan for their personal assets.

  18. The Philosophical Foundations of Modern Medicine

    CERN Document Server

    Lee, Dr Keekok

    2011-01-01

    An exploration of the philosophical foundation of modern medicine which explains why such a medicine possesses the characteristics it does and where precisely its strengths as well as its weaknesses lie. Written in plain English, it should be accessible to anyone who is intellectually curious, lay persons and medical professionals alike.

  19. Introducing Giovanni Gentile, the "Philosopher of Fascism"

    Science.gov (United States)

    Clayton, Thomas

    2009-01-01

    This essay aims to introduce Giovanni Gentile to scholars of Gramsci studies broadly and Gramsci-education studies more specifically. The largest part of the essay explores Gentile's academic life, his philosophical agenda, and his political career. Having established a basis for understanding the educational reform Gentile enacted as Mussolini's…

  20. Philosophical Provocation: The Lifeblood of Clinical Ethics.

    Science.gov (United States)

    McCullough, Laurence B

    2017-02-01

    The daily work of the clinical ethics teacher and clinical ethics consultant falls into the routine of classifying clinical cases by ethical type and proposing ethically justified alternatives for the professionally responsible management of a specific type of case. Settling too far into this routine creates the risk of philosophical inertia, which is not good either for the clinical ethicist or for the field of clinical ethics. The antidote to this philosophical inertia and resultant blinkered vision of clinical ethics is sustained, willing exposure to philosophical provocation. The papers in this clinical ethics issue of the Journal of Medicine and Philosophy provide just such philosophical provocation related to core topics in clinical ethics: the distinction between clinical practice and clinical research; telemedicine, or medicine at a distance; illness narratives; the concept of the placebo effect; and sex reassignment. © The Author 2017. Published by Oxford University Press, on behalf of the Journal of Medicine and Philosophy Inc. All rights reserved. For permissions, please e-mail: journals.permissions@oup.com.

  1. Software theory a cultural and philosophical study

    CERN Document Server

    Frabetti, Federica

    2014-01-01

    This book engages directly in close readings of technical texts and computer code in order to show how software works. It offers an analysis of the cultural, political, and philosophical implications of software technologies that demonstrates the significance of software for the relationship between technology, philosophy, culture, and society.

  2. The Philosophical Significance of Universal Grammar

    Science.gov (United States)

    Hinzen, Wolfram

    2012-01-01

    Throughout its long history, the project of a science of grammar has always been an inherently philosophical one, in which the study of grammar was taken to have special epistemological significance. I ask why 20th and 21st century inquiry into Universal Grammar (UG) has largely lost this dimension, a fact that I argue is partially responsible for…

  3. Distance and Defamiliarisation: Translation as Philosophical Method

    Science.gov (United States)

    Ruitenberg, Claudia W.

    2009-01-01

    In this article I posit translation as philosophical operation that disrupts commonsense meaning and understanding. By defamiliarising language, translation can arrest thinking about a text in a way that assumes the language is understood. In recent work I have grappled with the phrase "ways of knowing", which, for linguistic and conceptual…

  4. The Philosophical Problem of Truth in Librarianship

    Science.gov (United States)

    Labaree, Robert V.; Scimeca, Ross

    2008-01-01

    The authors develop a framework for addressing the question of truth in librarianship and in doing so attempt to move considerations of truth closer to the core of philosophical debates within the profession. After establishing ways in which philosophy contributes to social scientific inquiry in library science, the authors examine concepts of…

  5. Creative Understanding Philosophical Reflections on Physics

    CERN Document Server

    Torretti, Roberto

    1990-01-01

    "A pleasure to read. Gracefully written by a scholar well grounded in the relevant philosophical, historical, and technical background. . . . a helpfully clarifying review and analysis of some issues of importance to recent philosophy of science and a source of some illuminating insights."—Burke Townsend, Philosophy of Science

  6. A comprehensive philosophical approach to Qohelet's epistemology

    African Journals Online (AJOL)

    2015-04-23

    Apr 23, 2015 ... to find a suitable philosophical profile for Qohelet's concept of knowledge whilst ignoring a whole array of topics and ... a most fundamental way as to the message of the book. ... the history of these problems are referred to O'Dowd .... What does the poor man have who knows how to conduct himself? (6:8).

  7. Human Being and the Philosophical Discourse

    Directory of Open Access Journals (Sweden)

    Mirela Arsith

    2012-05-01

    Full Text Available The hypothesis from which we start our approach is the one according to which the philosophicaldiscourse is a specific way of communicating the reality. The base of the philosophical communication issurprise, doubt, uncertainty, anxiety, all generated by the fundamental interrogations of Kantian origin: Howmuch am I able to know? What do I have to do? What am I allowed to hope? The answers to all thesequestions were set up in philosophical concepts and visions, all of them leading to communication, trying toexpress themselves and make themselves understood. Communicability is the very essence of thephilosophical approach. Actually, communication is a fundamental philosophical attitude as I, in my capacityof human being, live only with the other, in full interaction. On my own I am nothing. Throughout this paperwe find arguments for the idea according to which the philosophical discourse subordinates an art ofgenuinely living and communicating about balance and avoidance of excess, about the ability to assume andovercome, about lucidity and wisdom, about credibility, certainty and truth, about freedom and limitation,about the meaning and value of the human condition.

  8. Historiometrics of Creativity: A Philosophical Critique.

    Science.gov (United States)

    Bastick, Tony

    This paper takes as its data the assumptions, processes of deduction, and data types used in leading publications of historiometric studies of creativity. The paper uses this data to question the philosophical assumptions of the historiometrics of creativity from within its own positivist paradigm and to argue that its conclusions are…

  9. Philosophical education as a dysfunction of society

    Directory of Open Access Journals (Sweden)

    Krstić Predrag

    2006-01-01

    Full Text Available This paper tries to extricate philosophical education from the restrictions of social and school systems and to commend some independent and subversive views. This is to be accomplished through a conceptual dissection of the term ‘education’. On the one hand, there is education seen as transmitter of the tradition, where to be educated is seen as being able to fit into an established community. There is also another education to which the authority of tradition is a permanent target of resistance, always trying to undermine any educational uniformity. This second history of education, genuinely philosophical, is radically opposed to the history of institutionalized mass-education. However, intention of this paper is not to proclaim this as an "alternative" model, or to build it up as a new mythology. On the contrary, it is being written as a history of continuous subversion. Viewed from this vantage point, autonomous philosophical education is not a subsystem of a social system. This education has itself as a measurement, and always resists the wider community (the environment that has accidentally befallen it. Its honor is exactly in this attitude of resistance, in being watchful against any conscription and integration. Understood in this manner, philosophical education is not a useful "implemented" function of society, but is rather its dysfunction.

  10. Introducing Giovanni Gentile, the "Philosopher of Fascism"

    Science.gov (United States)

    Clayton, Thomas

    2009-01-01

    This essay aims to introduce Giovanni Gentile to scholars of Gramsci studies broadly and Gramsci-education studies more specifically. The largest part of the essay explores Gentile's academic life, his philosophical agenda, and his political career. Having established a basis for understanding the educational reform Gentile enacted as Mussolini's…

  11. Experimental research on asset pricing

    NARCIS (Netherlands)

    Noussair, C.N.; Tucker, S.

    2013-01-01

    This paper discusses some of the literature on asset market behavior. We do not intend this paper to be an exhaustive survey, but rather a review of some of the more influential results and to illustrate to the nonspecialist reader the diversity of topics that have been pursued.

  12. Asset prices and monetary policy

    National Research Council Canada - National Science Library

    Issing, Otmar

    2009-01-01

    ... the opposite. For central banks the relation between monetary policy and asset prices has gained new interest and the dominant view has come under critique. The Consensus View There is a broad consensus around the world that central banks should maintain price stability--keeping inflation low and stable. This objective is reflected in the mandate given to the ce...

  13. Strategic Asset Seeking by EMNEs

    DEFF Research Database (Denmark)

    Petersen, Bent; Seifert, Jr., Rene E.

    2014-01-01

    as the more relevant concept to use when explaining strategic asset seeking of EMNEs. A set of propositions are formulated to guide empirical testing. Originality/value: The insights gained from using the springboard perspective and the LOO concept are non-trivial: They basically predict future dominance...

  14. Labor Unions and Asset Prices

    DEFF Research Database (Denmark)

    Busato, Francesco; Addessi, William

    The paper investigates the nexus between labor and financial markets, focusing on the interaction between labor union behavior in setting wages, firms' investment strategy and asset prices. The way unions set wage claims after observing firm's financial performance increases the volatility of firms...

  15. Experimental Research On Asset Pricing

    NARCIS (Netherlands)

    Noussair, C.N.; Tucker, S.

    2013-01-01

    Abstract This paper selectively surveys some of the more prominent laboratory experimental studies on asset market behavior. The strands of literature considered are market microstructure, pari-mutuel betting markets, characteristics of participants, the effect of information release, and studies of

  16. Problems of intangible assets commercialization accounting

    Directory of Open Access Journals (Sweden)

    S.F. Legenchyk

    2016-03-01

    Full Text Available The growing role of intangible assets in conditions of global economy postindustrialization is grounded. The problems of intangible assets accounting are singled out. The basic tasks of the intangible assets accounting commercialization process are determined. The difference between the commercialization of intellectual property and intangible assets is considered. The basic approaches to understanding the essence of the intangible assets commercialization are singled out and grounded. The basic forms and methods of intangible assets commercialization researched by the author are analyzed. The order of accounting reflection of licensee royalties is considered. The factors of influence on the accounting process of intangible assets commercialization are determined. The necessity of solving the problem of accounting of lease payments for computer program by providing access to SaaS environment is grounded. The prospects of further studies of intangible assets accounting commercialization are determined.

  17. Recreational Assets in the State of Iowa

    Data.gov (United States)

    Iowa State University GIS Support and Research Facility — This dataset is meant to be a comprehensive database of recreational assets in public areas. Recreational assets are considered amenities provided to the public for...

  18. IFRS Developments for asset managers and funds

    National Research Council Canada - National Science Library

    Anthony Cadman

    2011-01-01

    .... IFRS 9 Financial Instruments requires entities to classify financial assets on the basis of the objective of the entity's business model for managing the financial assets and the characteristics...

  19. Prediction of future asset prices

    Science.gov (United States)

    Seong, Ng Yew; Hin, Pooi Ah; Ching, Soo Huei

    2014-12-01

    This paper attempts to incorporate trading volumes as an additional predictor for predicting asset prices. Denoting r(t) as the vector consisting of the time-t values of the trading volume and price of a given asset, we model the time-(t+1) asset price to be dependent on the present and l-1 past values r(t), r(t-1), ....., r(t-1+1) via a conditional distribution which is derived from a (2l+1)-dimensional power-normal distribution. A prediction interval based on the 100(α/2)% and 100(1-α/2)% points of the conditional distribution is then obtained. By examining the average lengths of the prediction intervals found by using the composite indices of the Malaysia stock market for the period 2008 to 2013, we found that the value 2 appears to be a good choice for l. With the omission of the trading volume in the vector r(t), the corresponding prediction interval exhibits a slightly longer average length, showing that it might be desirable to keep trading volume as a predictor. From the above conditional distribution, the probability that the time-(t+1) asset price will be larger than the time-t asset price is next computed. When the probability differs from 0 (or 1) by less than 0.03, the observed time-(t+1) increase in price tends to be negative (or positive). Thus the above probability has a good potential of being used as a market indicator in technical analysis.

  20. Life Assets in Teenage Pregnancy

    Directory of Open Access Journals (Sweden)

    Thatsanee Soontrapirom

    2017-05-01

    Full Text Available Background: Teenage pregnancy is an evolving global public health problem. Level of life assets could predict behaviors and take effect to less sexual risk behaviors in teenagers. Objective: To compare life assets between pregnant and non-pregnant teenagers and to evaluate the relationship between basic factors and teenage pregnancy. Methods: A total of 172 female teenagers aged 12-19 years were included. The control group was matched with the case group by age with mean age of 17.07 years old. The case group consisted of 86 pregnant teenagers who attended the Teenage Antenatal Care Unit at Siriraj Hospital. The control group consisted of 86 teenagers who were not pregnant and who had never been pregnant. The research instruments were general information and life assets inventory questionnaires developed by Suriyadeo Tripathi with Cronbach’s Alpha coefficient at 0.890. Results: Mean life assets scores were significantly higher in the control group than in the case group (T-test analysis: Mean = 94.70/87.65, SD = 17.45/22.68, p-value =.024, respectively. The control group scored more favorably than the case group on 16 items. In addition, the case group could not meet the minimum assessment criteria on 21 items, which indicated their status as an at risk group. A total of 12 factors were found to be statistically significantly associated with teenage pregnancy. Conclusion: Overall life assets were significantly higher among teenagers who had not experienced pregnancy. The risk factors included level of education, GPA, family income, mothers or family members of teenagers having experience of teenage pregnancy, main guardians, father education, mother occupation, parental relationship, family warmth and smoking were found to be significantly associated with risk of teenage pregnancy in this study. These results will help to facilitate preventive interventions and the development of policies and guidelines to control and perhaps reverse current

  1. Asset Management The State of the Art in Europe from a Life Cycle Perspective

    CERN Document Server

    Herder, Paulien; Wijnia, Ype

    2012-01-01

    In the past decades asset intensive companies have witnessed a number of regulatory changes and especially industry is facing ever increasing competitiveness. To overcome these challenges different asset management methods have been developed aimed to improve the asset life cycle. Especially the design phase and operation and maintenance phase have seen a rise in tools and methods. Smarter design can lead to improved operation. Likewise, improved operation and maintenance leads to lower replacement costs and may provide the basis for better design.   This book brings together and coherently presents the current state of the art in asset management research and practice in Europe from a life cycle perspective. Each chapter  focuses on specific parts of this life cycle and explains how the methods and techniques described are connected and how they improve the asset life cycle, thus treating this important subject from a unique perspective.

  2. Optimal Investment Strategy for Risky Assets

    OpenAIRE

    Sergei Maslov; Yi-Cheng Zhang

    1998-01-01

    We design an optimal strategy for investment in a portfolio of assets subject to a multiplicative Brownian motion. The strategy provides the maximal typical long-term growth rate of investor's capital. We determine the optimal fraction of capital that an investor should keep in risky assets as well as weights of different assets in an optimal portfolio. In this approach both average return and volatility of an asset are relevant indicators determining its optimal weight. Our results are parti...

  3. Cost approach of health care entity intangible asset valuation.

    Science.gov (United States)

    Reilly, Robert F

    2012-01-01

    degree of marketability; and The degree of variation in the range of value indications. Valuation analysts value health care intangible assets for a number of reasons. In addition to regulatory compliance reasons, these reasons include various transaction, taxation, financing, litigation, accounting, bankruptcy, and planning purposes. The valuation analyst should consider all generally accepted intangible asset valuation approaches, methods, and procedures. Many valuation analysts are more familiar with market approach and income approach valuation methods. However, there are numerous instances when cost approach valuation methods are also applicable to the health care intangible asset valuation. This discussion summarized the analyst's procedures and considerations with regard to the cost approach. The cost approach is often applicable to the valuation of intangible assets in the health care industry. However, the cost approach is only applicable if the valuation analyst (1) appropriately considers all of the cost components and (2) appropriately identifies and quantifies all obsolescence allowances. Regardless of the health care intangible asset or the reason for the valuation, the analyst should be familiar with all generally accepted valuation approaches and methods. And, the valuation analyst should have a clear, convincing, and cogent rationale for (1) accepting each approach and method applied and (2) rejecting each approach and method not applied. That way, the valuation analyst will best achieve the purpose and objective of the health care intangible asset valuation.

  4. 12 CFR 560.160 - Asset classification.

    Science.gov (United States)

    2010-01-01

    ... 12 Banks and Banking 5 2010-01-01 2010-01-01 false Asset classification. 560.160 Section 560.160... Lending and Investment Provisions Applicable to all Savings Associations § 560.160 Asset classification... consistent with, or reconcilable to, the asset classification system used by OTS in its Thrift...

  5. Defining ecosystem assets for natural capital accounting

    NARCIS (Netherlands)

    Hein, Lars; Bagstad, Ken; Edens, Bram; Obst, Carl; Jong, de Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present va

  6. Community Asset Mapping. Trends and Issues Alert.

    Science.gov (United States)

    Kerka, Sandra

    Asset mapping involves documenting tangible and intangible resources of a community viewed as a place with assets to be preserved and enhanced, not deficits to be remedied. Kretzmann and McKnight (1993) are credited with developing the concept of asset-based community development (ABCD) that draws on appreciative inquiry; recognition of social…

  7. Excess Asset Returns and Limited Enforcement

    OpenAIRE

    Lambertini, Luisa; Azariadis, Costas

    2002-01-01

    This paper investigates the effect of limited enforcement of contracts on asset returns in a three-period pure- exchange overlapping generations economy. We consider a life-cycle setting with a safe and a risky asset and find that lack of commitment can significantly affect the rate of returns of these assets and possibly generate large equity premia.

  8. Intelligent tactical asset allocation support system

    NARCIS (Netherlands)

    Hiemstra, Y.

    1995-01-01

    This paper presents an advanced support system for Tactical Asset Allocation. Asset allocation explains over 90% of portfolio performance (Brinson, Hood and Beebower, 1988). Tactical asset allocation adjusts a strategic portfolio on the basis of short term market outlooks. The system includes apredi

  9. Intelligent tactical asset allocation support system

    NARCIS (Netherlands)

    Hiemstra, Y.

    1995-01-01

    This paper presents an advanced support system for Tactical Asset Allocation. Asset allocation explains over 90% of portfolio performance (Brinson, Hood and Beebower, 1988). Tactical asset allocation adjusts a strategic portfolio on the basis of short term market outlooks. The system includes apredi

  10. Intelligent tactical asset allocation support system

    NARCIS (Netherlands)

    Hiemstra, Y.

    1995-01-01

    This paper presents an advanced support system for Tactical Asset Allocation. Asset allocation explains over 90% of portfolio performance (Brinson, Hood and Beebower, 1988). Tactical asset allocation adjusts a strategic portfolio on the basis of short term market outlooks. The system includes

  11. Assessing Your Assets: Systems for Tracking and Managing IT Assets Can Save Time and Dollars

    Science.gov (United States)

    Holub, Patricia A.

    2007-01-01

    The average school district loses more than $80,000 per year because of lost or damaged IT assets, according to a QED survey cosponsored by Follett Software Company. And many districts--59 percent--still use manual systems to track assets. Enter asset management systems. Software for managing assets, when implemented properly, can save time,…

  12. Capital structure and the redeployability of tangible assets

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2011-01-01

    We characterize the relation between corporate asset structure and capital structure by exploitingvariation in the salability of tangible assets. Theory suggests that tangibility increases borrowingcapacity because it allows creditors to more easily repossess a firm’s assets. Tangible assets,

  13. Capital structure and the redeployability of tangible assets

    NARCIS (Netherlands)

    Campello, M.; Giambona, E.

    2010-01-01

    We characterize the relation between corporate asset structure and capital structure by exploiting variation in the salability of tangible assets. Theory suggests that tangibility increases borrowing capacity because it allows creditors to more easily repossess a firm's assets. Tangible assets,

  14. INTANGIBLE ASSETS AS AN INNOVATION INDICATOR: EVALUATION OF IA SPECIFICS IN A RUSSIAN COMPANY AS AN EXAMPLE

    Directory of Open Access Journals (Sweden)

    Natalia Borisovna Polygalina

    2014-09-01

    Full Text Available As IAS (International Accounting Standards were published and came into force in Russian Federation since January 2012.The critical differences between intangible assets control under Russian and international requirements have immediately been brought to light. The current article presents a study of intangible assets structural changes of a certain industrial company on a report day carried out under different control estimation.

  15. Francis Bacon’s Qualification As A Principal Empiricist Philosopher

    OpenAIRE

    2011-01-01

    The purpose of this paper is to determine if there is any basis for regarding FrancisBacon as a principal empiricist philosopher. This involves effort to determine whatconstitutes, in essence, the qualities of a principal empiricist philosopher. Are thereany criteria that qualify one as a principal empiricist philosopher? Proceeding with thisinquiry, our paper examines, on the one hand, the views of those who argue in defenceof Bacon’s qualification as a principal empiricist philosopher. Here...

  16. Francis Bacons Qualification As A Principal Empiricist Philosopher

    OpenAIRE

    2011-01-01

    The purpose of this paper is to determine if there is any basis for regarding Francis Bacon as a principal empiricist philosopher. This involves effort to determine what constitutes, in essence, the qualities of a principal empiricist philosopher. Are there any criteria that qualify one as a principal empiricist philosopher? Proceeding with this inquiry, our paper examines, on the one hand, the views of those who argue in defence of Bacon’s qualification as a principal empiricist philosopher....

  17. Training and "Abrichtung": Wittgenstein as a Tragic Philosopher of Education

    Science.gov (United States)

    Friesen, Norm

    2017-01-01

    As a landmark philosopher of language and of mind, Ludwig Wittgenstein is also remarkable for having crossed, with apparent ease, the "continental divide" in philosophy. It is consequently not surprising that Wittgenstein's work, particularly in the "Philosophical Investigations," has been taken up by philosophers of education…

  18. Naming Being - or the Philosophical Content of Heidegger's National Socialism

    NARCIS (Netherlands)

    Blok, V.

    2012-01-01

    This contribution discusses the philosophical meaning of the Martin Heidegger’s Rectoral address. First of all, Heidegger’s philosophical basic experience is sketched as the background of his Rectoral address; the being-historical concept of “Anfang”. Then, the philosophical question of the Rectoral

  19. Training and "Abrichtung": Wittgenstein as a Tragic Philosopher of Education

    Science.gov (United States)

    Friesen, Norm

    2017-01-01

    As a landmark philosopher of language and of mind, Ludwig Wittgenstein is also remarkable for having crossed, with apparent ease, the "continental divide" in philosophy. It is consequently not surprising that Wittgenstein's work, particularly in the "Philosophical Investigations," has been taken up by philosophers of education…

  20. ASSET ALLOCATION AND ASSET PRICING IN THE FACE OF SYSTEMIC RISK: A LITERATURE OVERVIEW AND ASSESSMENT

    OpenAIRE

    CHRISTOPH MEINERDING

    2012-01-01

    This paper provides a detailed overview of the current research linking systemic risk, financial crises and contagion effects among assets on the one hand with asset allocation and asset pricing theory on the other hand. Based on the ample literature about definitions, measurement and properties of systemic risk, we derive some elementary ingredients for models of financial contagion and assess the current state of knowledge about asset allocation and asset pricing with explicit focus on syst...

  1. Financial Assets [share, bonds] & Ancylia

    Science.gov (United States)

    Maksoed, Wh-

    2016-11-01

    Instead Elaine Scarry: "Thermonuclear monarchy" reinvent Carry Nation since Aug 17, 1965 the Republic of Indonesia's President speech: "Reach to the Star", for "cancellation" usually found in External Debt herewith retrieved from "the Window of theWorld": Ancylia, feast in March, a month named after Mars, the god of war. "On March 19 they used to put on their biggest performance of gymnastics in order to "bribe" their god for another good year", further we have vacancy & "vacuum tube"- Bulat Air karena Pembuluh, Bulat Kata karena Mufakat" proverb from Minangkabau, West Sumatra. Follows March 19, 1984 are first prototype flight of IAI Astra Jet as well as March 19, 2012 invoice accompanies Electric car Kujang-193, Fainancial Assets [share, bonds] are the answer for "infrastructure" & state owned enterprises assets to be hedged first initial debt per capita accordances. Heartfelt gratitudes to HE. Mr. Ir. Sarwono Kusumaatmadja/PT. Smartfren INDONESIA.

  2. Shirakatsi Astronomical and Natural Philosophical Views

    Science.gov (United States)

    Mkrtchyan, Lilit

    2016-12-01

    Our work is aimed at presenting Shirakatsi astronomical and natural philosophical views. Karl Anania Shirakatsi is classified as one of the world-class intellectual geniuses. He was endowed with exceptional talent and analyzing scientific understanding of natural phenomena. He refers his philosophical works to almost all fields of science, cosmography, mathematics, calendarology, historiography, etc. Shirakatsy's earnings of natural science and natural philosophy in medieval is too big He was the first prominent scholar and thinker of his time, creating a unique, comprehensive gitapilisopayakan system that still feeds the human mind. The scientific value of Shirakatsi has great importance not only for Armenians but also for the whole world of science, history, culture and philosophy. Shirakatsi can be considered not only national but also universal greatness.

  3. Singularity hypotheses a scientific and philosophical assessment

    CERN Document Server

    Moor, James; Søraker, Johnny; Steinhart, Eric

    2012-01-01

    Singularity Hypotheses: A Scientific and Philosophical Assessment offers authoritative, jargon-free essays and critical commentaries on accelerating technological progress and the notion of technological singularity. It focuses on conjectures about the intelligence explosion, transhumanism, and whole brain emulation. Recent years have seen a plethora of forecasts about the profound, disruptive impact that is likely to result from further progress in these areas. Many commentators however doubt the scientific rigor of these forecasts, rejecting them as speculative and unfounded. We therefore invited prominent computer scientists, physicists, philosophers, biologists, economists and other thinkers to assess the singularity hypotheses. Their contributions go beyond speculation, providing deep insights into the main issues and a balanced picture of the debate.

  4. Special Relativity: Scientific or Philosophical Theory?

    CERN Document Server

    Sochi, Taha

    2016-01-01

    In this article, we argue that the theory of special relativity, as formulated by Einstein, is a philosophical rather than a scientific theory. What is scientific and experimentally supported is the formalism of the relativistic mechanics embedded in the Lorentz transformations and their direct mathematical, experimental and observational consequences. This is in parallel with the quantum mechanics where the scientific content and experimental support of this branch of physics is embedded in the formalism of quantum mechanics and not in its philosophical interpretations such as the Copenhagen school or the parallel worlds explanations. Einstein theory of special relativity gets unduly credit from the success of the relativistic mechanics of Lorentz transformations. Hence, all the postulates and consequences of Einstein interpretation which have no direct experimental or observational support should be reexamined and the relativistic mechanics of Lorentz transformations should be treated in education, academia...

  5. Wittgensteinovo filozofovanie (Wittgenstein’s philosophizing

    Directory of Open Access Journals (Sweden)

    Dezider Kamhal

    2009-03-01

    Full Text Available Taking philosophy as an activity is one of the strongest links between early Wittgenstein and late “Wittgensteins”. There is, of course, differences in understanding what the activity is. It is the activity of clarifying propositions by analyzing them (Tractatus Logico-Philosophicus, TLP, on the one hand, or that of showing how they are applied in language-games by reminding of the obvious, on the other (Philosophical Investigations. Furthermore, the aim of philosophy is a therapeutic one, and as such it gives “patients” the possibility of free choice: to keep their delusions or to abandon them.Although it is not at all clear from the TLP standpoint what kind of utterances philosophers-logicians are to make in clarifying logical forms of sentences, it is possible to clarify that from the point of view of late “Wittgensteins”. These utterances can be understood as sui generis reminders.

  6. A Philosophical Treatise of Universal Induction

    CERN Document Server

    Rathmanner, Samuel

    2011-01-01

    Understanding inductive reasoning is a problem that has engaged mankind for thousands of years. This problem is relevant to a wide range of fields and is integral to the philosophy of science. It has been tackled by many great minds ranging from philosophers to scientists to mathematicians, and more recently computer scientists. In this article we argue the case for Solomonoff Induction, a formal inductive framework which combines algorithmic information theory with the Bayesian framework. Although it achieves excellent theoretical results and is based on solid philosophical foundations, the requisite technical knowledge necessary for understanding this framework has caused it to remain largely unknown and unappreciated in the wider scientific community. The main contribution of this article is to convey Solomonoff induction and its related concepts in a generally accessible form with the aim of bridging this current technical gap. In the process we examine the major historical contributions that have led to ...

  7. PARTICULARITES AND VARIOS ACCOUTING WAYS OF FIXED ASSETS IN ACCORDANCE WITH RAS AND IAS

    Directory of Open Access Journals (Sweden)

    Azieva Z. I.

    2014-05-01

    Full Text Available This article concerns the peculiarities of accounting of fixed assets according to RAS and IAS, because of unnecessarily increasing of number of companies experiencing the need for the preparation of financial statements for the 2nd standards. Despite the fact that RAS in recent years have made significant progress in convergence with IFRS in terms of fixed assets accounting, but still has the inherent differences with IFRS. Some organizations are faced with additional costs for parallel accounting or reporting transformation. Understanding the fundamental differences between the RAS, in terms of the assets, will maximize reconcile accounting and management accounting with IFRS in the industry and reduce the costs

  8. Cost minimization and asset pricing

    OpenAIRE

    Robert G. Chambers; John Quiggin

    2005-01-01

    A cost-based approach to asset-pricing equilibrium relationships is developed. A cost function induces a stochastic discount factor (pricing kernel) that is a function of random output, prices, and capital stockt. By eliminating opportunities for arbitrage between financial markets and the production technology, firms minimize the current cost of future consumption. The first-order conditions for this cost minimization problem generate the stochastic discount factor. The cost-based approach i...

  9. Essays in Empirical Asset Pricing

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    This thesis consists of three essays investigating financial and real estate markets and identifying a relationship between them. A 2008 financial crises provides a perfect example of sizeable interactions between US housing market and equity prices, where a negative shock to house prices trigger...... a word-wide recession. Therefore, understanding forces driving investors behaviour and preferences, which in turn affect asset prices in both equity and housing market are of great interest....

  10. Essays in Empirical Asset Pricing

    DEFF Research Database (Denmark)

    Rzeznik, Aleksandra

    This thesis consists of three essays investigating financial and real estate markets and identifying a relationship between them. A 2008 financial crises provides a perfect example of sizeable interactions between US housing market and equity prices, where a negative shock to house prices triggered...... a word-wide recession. Therefore, understanding forces driving investors behaviour and preferences, which in turn affect asset prices in both equity and housing market are of great interest....

  11. Reputation asset and environmental liability

    OpenAIRE

    Sjöblom, Rolf; Lindskog, Staffan

    2014-01-01

    The second largest asset to a company may well be its good reputation. Environmental liabilities warrant special attention in this regard since they may well constitute the largest uncertainty in an annual report, and it is not seldom discovered that they have been underestimated. The purpose of the paper is to compile and present a road map as to how to meet the legal and other requirements, and to analyse the alternatives of proactive and reactive approaches. The legal requirements are to b...

  12. Philosophical reflections on diversity and universality.

    Science.gov (United States)

    Rohrbach-Viadas, C

    1997-01-01

    Caring reflections on diversity and universality originate "in that time so new and so unlike any other before...", of the Discovery of America, where an exceptional encounter with difference brought together two unknown halves of humanity and the commencement of modernity. A reflective comparison describes Diversity and Universality as previous models of Other and Self inducing a philosophical way of considering caring while associating two fundamental principles: the equality of cultures and the recognition of their cultural differences.

  13. Handbook of philosophical logic v.14

    CERN Document Server

    Wick, Manfred; Guenthner, Franz

    2007-01-01

    The fourteenth volume of the Second Edition covers central topics in philosophical logic that have been studied for thousands of years, since Aristotle: Inconsistency, Causality, Conditionals, and Quantifiers. These topics are central in many applications of logic in central disciplines such as computer science, artificial intelligence, linguistics, and philosophy. This book is indispensable to any advanced student or researcher using logic in these areas. The chapters are comprehensive and written by major figures in the field.

  14. Philosophical Confusion in Chemical Education Research

    Science.gov (United States)

    Scerri, Eric R.

    2003-05-01

    The reputation of chemical education research among mainstream chemists is in need of improvement. This paper makes the claim that the present state of affairs is partly the result of the careless use of philosophical terms such as constructivism, behaviorism, and relativism. The relevance of these developments to the Science Wars debate is briefly examined, and some positive recommendations are proposed to remedy the situation.

  15. Complex issues in accounting for fixed assets

    Directory of Open Access Journals (Sweden)

    Mykhaylo Luchko

    2013-11-01

    Full Text Available This paper considers the mentioned complex issues of business fixed assets accounting. The main emphasis in this case refers to the change in value of fixed assets over time. Author studied problems of the regulatory revaluation of fixed assets in accordance with the applicable accounting standards (regulations. Particular attention is paid to the revaluation and impairment of the business fixed assets objects and their recording on accounts. Author analyzed the complex issues in establishing the fair value of fixed assets. Attention is focused on the harmonization of accounting information with tax calculations and reporting provided by the Ukrainian Tax Code. In considering the matter referred to the tax differences (temporary and permanent. Established tax differences in depreciation of fixed assets, impairment amounts and revaluation of fixed assets and accounting entries to them.

  16. INNOVATION AMONG INTANGIBLE ASSETS (IA

    Directory of Open Access Journals (Sweden)

    Paula - Angela VIDRAȘCU

    2015-04-01

    Full Text Available The purpose of this article is to highlight the existence and importance of innovation present among intangible assets. In the new economy, the knowledge society, innovation is one of the most commonly used terms, along with globalization and sustainable development. This study has an important role in both the short and long term, through proper understanding of the terms of innovation, intangible assets and strategy. The primary purpose of this article is played by understanding and easy identification of innovation amongst those assets above. Most recent studies highlight the idea that can be identified more indirect benefits of innovation. These can be listed as follows: improving the image, better customer loyalty, and ability to attract new ones. This research was focused on the advice of the Executive Directors given by the study of the year 2011 from PricewaterhouseCoopers, on innovation as a means of running the enterprise and also throughout this study we have been highlighted misconceptions related innovation and last but not least the study conducted during 2001 - 2004 by the Romanian Government in order to place a strategic priority Scientific Research.

  17. Commercial Building Energy Asset Score

    Energy Technology Data Exchange (ETDEWEB)

    2017-05-26

    This software (Asset Scoring Tool) is designed to help building owners and managers to gain insight into the as-built efficiency of their buildings. It is a web tool where users can enter their building information and obtain an asset score report. The asset score report consists of modeled building energy use (by end use and by fuel type), building systems (envelope, lighting, heating, cooling, service hot water) evaluations, and recommended energy efficiency measures. The intended users are building owners and operators who have limited knowledge of building energy efficiency. The scoring tool collects minimum building data (~20 data entries) from users and build a full-scale energy model using the inference functionalities from Facility Energy Decision System (FEDS). The scoring tool runs real-time building energy simulation using EnergyPlus and performs life-cycle cost analysis using FEDS. An API is also under development to allow the third-party applications to exchange data with the web service of the scoring tool.

  18. EDUCATION FOR SUSTAINABLE DEVELOPMENT: PHILOSOPHICAL ASPECT

    Directory of Open Access Journals (Sweden)

    K. M. Alilova

    2016-01-01

    Full Text Available Aim. The aim is to consider the relationship of philosophy and education; the article also reviews the Education for Sustainable Development (ESD, a global model for a special educational activity. We also discuss the features of the philosophical approach to the issue of sustainable development. Discussion. In research, we use the method of socio-natural approach, a new educational paradigm that combines the theory and concept of training and education within the anthropocentric approach based on humanistic philosophical ideas which laid the basis for understanding the person as the subject of life, history and culture. We analyzed environmental and educational aspects of sustainable development in the current context. In order to address these challenges, philosophy produces new concepts, theories and paradigms. It is necessary to work on people's motivation and values, develop their cooperation skills, teach civic engagement and democratic by action rather than words. Only a highly educated society can generate environmental paradigm and implement the strategy of sustainable development. Conclusions. We recommend transferring research outcomes into practice in schools starting with elementary school, as well as in vocational schools and universities. Clarifying the essence of the concept of education for sustainable development is possible through philosophical understanding of its genesis and ideas.

  19. The Sensitivity of Capital Services Measurement: Measure all assets and the cost of capital

    OpenAIRE

    Inklaar, Robert

    2008-01-01

    The measurement of capital inputs is still a contentious issue: many choices have to be made that have potentially large effects on the resulting capital input series, some entailing differing assumptions about firm behaviour. This paper compares a large number of methodological choices and their impact on US capital services growth at the industry and aggregate level. The results show that measuring all assets, in particular intangible assets, and the choice for the rate of return matter sub...

  20. ONE TEACH HOW TO PHILOSOPHIZE, PHILOSOPHIZING ENSINA-SE A FILOSOFAR, FILOSOFANDO

    Directory of Open Access Journals (Sweden)

    Gonzalo Armijos Palácios

    2008-12-01

    Full Text Available

    If it is not possible to teach Philosophy but to philosophize, how to teach how to philosophize? Obviously, philosophizing. On the other hand, if Philosophy is not defined by an object of its own or by a privileged method, what is then that action referred to by the verb `philosophizing`? That Philosophy is not defined by an object or by any method seems clear enough. However, something, in general, should characterize the act of philosophizing. What seems to characterize it, however negatively, is the attempt of solving problems that with the results of other sciences or with the knowledge obtained in other areas of human activity would be impossible.

    That takes us to the object of this paper: discuss how, in fact, it is possible to teach to philosophize – and not only to teach History of Philosophy. We can only teach to philosophize as we teach anything else: by our own example of philosophizing, that is, discussing, evaluating and searching for answers to the problems that we face.

    Se não se ensina filosofia, mas a filosofar (Kant, como se ensina a filosofar? Obviamente, filosofando. Por outro lado, se a filosofia não se define por um objeto próprio nem a distingue um só método privilegiado, em que consiste, então, essa ação que o filosofar aponta? Que a filosofia não se define por um objeto nem por um método parece claro. No entanto, algo, em geral, deve caracterizar o filosofar. O que parece caracterizá-lo, mesmo que negativamente, é a tentativa de resolução de problemas que com o resultado de outras ciências ou do conhecimento obtido em outras áreas da atividade humana é impossível resolver.

    Isso nos leva ao objeto desta comunicação: discutir como, efetivamente, é possível ensinar a filosofar e não simplesmente ensinar [história da] filosofia. Ensina-se a filosofar como se ensina outra atividade qualquer: pelo exemplo. Neste caso, pelo exemplo de um agir filosofante, ou seja, discutindo, avaliando

  1. BIM: Enabling Sustainability and Asset Management through Knowledge Management

    Directory of Open Access Journals (Sweden)

    Robbert Anton Kivits

    2013-01-01

    Full Text Available Building Information Modeling (BIM is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  2. BIM: enabling sustainability and asset management through knowledge management.

    Science.gov (United States)

    Kivits, Robbert Anton; Furneaux, Craig

    2013-11-10

    Building Information Modeling (BIM) is the use of virtual building information models to develop building design solutions and design documentation and to analyse construction processes. Recent advances in IT have enabled advanced knowledge management, which in turn facilitates sustainability and improves asset management in the civil construction industry. There are several important qualifiers and some disadvantages of the current suite of technologies. This paper outlines the benefits, enablers, and barriers associated with BIM and makes suggestions about how these issues may be addressed. The paper highlights the advantages of BIM, particularly the increased utility and speed, enhanced fault finding in all construction phases, and enhanced collaborations and visualisation of data. The paper additionally identifies a range of issues concerning the implementation of BIM as follows: IP, liability, risks, and contracts and the authenticity of users. Implementing BIM requires investment in new technology, skills training, and development of new ways of collaboration and Trade Practices concerns. However, when these challenges are overcome, BIM as a new information technology promises a new level of collaborative engineering knowledge management, designed to facilitate sustainability and asset management issues in design, construction, asset management practices, and eventually decommissioning for the civil engineering industry.

  3. The Banff taxonomy of asset valuation methods : how petroleum asset valuation has evolved in the past and where it might go in the future

    Energy Technology Data Exchange (ETDEWEB)

    Laughton, D. [Alberta Univ., Edmonton, AB (Canada)

    2004-07-01

    This presentation described the various approaches that maximize asset value for public corporations with particular reference to the upstream petroleum industry. It focused on estimating asset values using discounted cash flow (DCF) methods and compared it with real options analysis (ROA) methods. Each valuation method was discussed with reference to the reasons for its placement in the taxonomy and the relationships to other methods. Good estimations of asset values are given by methods based on elaborations of the ideas introduced in 1970 by Black, Scholes and Merton (BSM) in their analysis of the value of stock options. The paper described how, why and at what cost the industry should move in certain business directions. A quantitative model to resolve uncertainty was presented. 4 figs.

  4. Labor Unions and Asset Prices

    DEFF Research Database (Denmark)

    Busato, Francesco; Addessi, William

    The paper investigates the nexus between labor and financial markets, focusing on the interaction between labor union behavior in setting wages, firms' investment strategy and asset prices. The way unions set wage claims after observing firm's financial performance increases the volatility of firms......' returns and the riskiness of corporate ownership. To remunerate this higher volatility and stronger risk, firms' equities have to grant high return. This mechanism is able to offer an explanation of for the "equity puzzle", that is it can explain the difference between equity returns and the risk free...

  5. Intangible assets for intangible deliverables

    DEFF Research Database (Denmark)

    Elsmore, Matthew J.

    2008-01-01

    As the dominant economic business model in Europe, services are important when we consider intangible assets. This article argues a case for some kind of 'special relationship' between service firms and trade marks-specifically bearing in mind the CTM system and new EU services law. On the questi...... of EU businesses. The article suggests a starting point for a fresh yet reassuringly ordinary dialogue within trade mark law, one that asserts it a central role in realising predicted economic benefits of the Internal Market....

  6. Saving-Based Asset Pricing

    DEFF Research Database (Denmark)

    Dreyer, Johannes Kabderian; Schneider, Johannes; T. Smith, William

    2013-01-01

    This paper explores the implications of a novel class of preferences for the behavior of asset prices. Following a suggestion by Marshall (1920), we entertain the possibility that people derive utility not only from consumption, but also from the very act of saving. These ‘‘saving......-based’’ preferences are related to models of habit formation and the spirit of capitalism, but incorporate the feature that people have anticipatory habits because they care about the future accumulation of wealth. We derive the Euler equations for these preferences and estimate them with GMM. Our estimates suggest...

  7. Retrading, production, and asset market performance.

    Science.gov (United States)

    Gjerstad, Steven D; Porter, David; Smith, Vernon L; Winn, Abel

    2015-11-24

    Prior studies have shown that traders quickly converge to the price-quantity equilibrium in markets for goods that are immediately consumed, but they produce speculative price bubbles in resalable asset markets. We present a stock-flow model of durable assets in which the existing stock of assets is subject to depreciation and producers may produce additional units of the asset. In our laboratory experiments inexperienced consumers who can resell their units disregard the consumption value of the assets and compete vigorously with producers, depressing prices and production. Consumers who have first participated in experiments without resale learn to heed their consumption values and, when they are given the option to resell, trade at equilibrium prices. Reproducibility is therefore the most natural and most effective treatment for suppression of bubbles in asset market experiments.

  8. Retrading, production, and asset market performance

    Science.gov (United States)

    Gjerstad, Steven D.; Porter, David; Smith, Vernon L.; Winn, Abel

    2015-01-01

    Prior studies have shown that traders quickly converge to the price–quantity equilibrium in markets for goods that are immediately consumed, but they produce speculative price bubbles in resalable asset markets. We present a stock-flow model of durable assets in which the existing stock of assets is subject to depreciation and producers may produce additional units of the asset. In our laboratory experiments inexperienced consumers who can resell their units disregard the consumption value of the assets and compete vigorously with producers, depressing prices and production. Consumers who have first participated in experiments without resale learn to heed their consumption values and, when they are given the option to resell, trade at equilibrium prices. Reproducibility is therefore the most natural and most effective treatment for suppression of bubbles in asset market experiments. PMID:26553991

  9. Asset Condition, Information Systems and Decision Models

    CERN Document Server

    Willett, Roger; Brown, Kerry; Mathew, Joseph

    2012-01-01

    Asset Condition, Information Systems and Decision Models, is the second volume of the Engineering Asset Management Review Series. The manuscripts provide examples of implementations of asset information systems as well as some practical applications of condition data for diagnostics and prognostics. The increasing trend is towards prognostics rather than diagnostics, hence the need for assessment and decision models that promote the conversion of condition data into prognostic information to improve life-cycle planning for engineered assets. The research papers included here serve to support the on-going development of Condition Monitoring standards. This volume comprises selected papers from the 1st, 2nd, and 3rd World Congresses on Engineering Asset Management, which were convened under the auspices of ISEAM in collaboration with a number of organisations, including CIEAM Australia, Asset Management Council Australia, BINDT UK, and Chinese Academy of Sciences, Beijing University of Chemical Technology, Chin...

  10. Chinalco Asset Implemented Shareholding Reform

    Institute of Scientific and Technical Information of China (English)

    2014-01-01

    <正>After 3 months’busy preparation,on March 29,the unveiling inauguration ceremony of Shanxi Chinalco Industrial Service Co.,Ltd("Shanxi Chinalco Industrial Service")was held at Shanxi Aluminum Plant,making it the first

  11. Philosophical, logical and scientific perspectives in engineering

    CERN Document Server

    Sen, Zekâi

    2013-01-01

    This book highlights and explains the significance of philosophical, logical, and scientific principles for engineering education/training and engineering works. In so doing, it aims to help to rectify the neglect of philosophy and logic in current education and training programs, which emphasize analytical and numerical methods at the expense of the innovative practical and creative abilities so important for engineering in the past. Individual chapters examine the relation of philosophy, logic, and science to engineering, drawing attention to, for example, the significance of ethics, the rel

  12. The quantum Hall effects: Philosophical approach

    Science.gov (United States)

    Lederer, P.

    2015-05-01

    The Quantum Hall Effects offer a rich variety of theoretical and experimental advances. They provide interesting insights on such topics as gauge invariance, strong interactions in Condensed Matter physics, emergence of new paradigms. This paper focuses on some related philosophical questions. Various brands of positivism or agnosticism are confronted with the physics of the Quantum Hall Effects. Hacking's views on Scientific Realism, Chalmers' on Non-Figurative Realism are discussed. It is argued that the difficulties with those versions of realism may be resolved within a dialectical materialist approach. The latter is argued to provide a rational approach to the phenomena, theory and ontology of the Quantum Hall Effects.

  13. PHILOSOPHICAL COUNSELLING/THERAPY: PRAXIS AND PEDAGOGY

    Directory of Open Access Journals (Sweden)

    Nneji, Bellarmine U.

    2013-07-01

    Full Text Available Many of the miseries and confusions that besiege humans are sometimes beyond medications. Such are diseases of the soul that defy conventional medications. The old practical approaches to human miseries and confusion about purposes of life have to be recoursed to. This is the cogency for philosophical counselling. There is need to introduce this into the classrooms as a way of enlightening people and training practitioners in the mission of making lives more meaningful through a better appreciation of life and its course. This is more needed in the African setting where its introduction would be of great service.

  14. The philosophical core of King's conceptual system.

    Science.gov (United States)

    Whelton, B J

    1999-04-01

    Aristotelian understanding of being human is presented as the philosophical core of King's conceptual system. A summary of King's thought is organized according to contemporary influences. The article then turns to what Aristotle teaches about the composition of the world and what it means to be a human being. Wallace's life-powers model of the soul brings these insights into contemporary thought. Aristotelian philosophy completes King's account of the personal system by providing insight into what it is to be human. Parallels in the reasoning of transaction and Aristotelian deliberation are further evidence of classical influences within King's work.

  15. Difficulties of Biography Writing: A Philosophical Approach

    OpenAIRE

    Vefa TAŞDELEN

    2014-01-01

    In this article can be also entitled “Difficulties of Biography Writing: A Philosophical Approach” what biography and biography writing means will be dealt with from a partly existentialist and hermeneutic view point by taking questions such as; “what is biography?”, “why human beings want to understand the other?”, “what is the nature of biography: is it history or literature?” into consideration. In this respect; knowledge value, art value, ethical value, existential value and educational v...

  16. Philosophical Research on Genetically Modified Food

    Directory of Open Access Journals (Sweden)

    Meng Zhang

    2015-02-01

    Full Text Available This study mainly analyzes the essential features of transgenic technology from the angle of philosophy, explaining the essential characteristics of transgenic technology, so as to promote the better development of genetically modified food. With the technical improvement, genetically modified food is no longer strange, which has been applied in the production of our life. Compared with the traditional biological breeding, transgenic food has changed significantly in nature. Trying to meet the basic needs of human beings to achieve the common development of mankind, so as to achieve consensus between the scientific field and consumer is the purpose of exploring the philosophical problems of genetically modified food.

  17. Radiation protection: some philosophical and ethical issues.

    Science.gov (United States)

    Sia, Santiago; Chhem, Rethy K; Czarwinski, Renate

    2010-10-01

    The ethical issue of justification has become an urgent issue in radiology. There has been a shift in emphasis in the discussion from what has been regarded as a rather paternalistic attitude of practitioners to one that stresses the rights of the individual patient. This article comments on this current move on the part of the profession by offering certain relevant philosophical considerations. Using a medical scenario as the context to comment on this shift, it discusses important and fundamental issues, such as the autonomy and the rights of the patient in addition to the question of consent on the patient's part.

  18. Engineering Asset Management and Infrastructure Sustainability : Proceedings of the 5th World Congress on Engineering Asset Management

    CERN Document Server

    Ma, Lin; Tan, Andy; Weijnen, Margot; Lee, Jay

    2012-01-01

    Engineering Asset Management 2010 represents state-of-the art trends and developments in the emerging field of engineering asset management as presented at the Fifth World Congress on Engineering Asset Management (WCEAM). The proceedings of the WCEAM 2010 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: Asset condition monitoring and intelligent maintenance Asset data warehousing, data mining and fusion Asset performance and level-of-service models Design and life-cycle integrity of physical assets Education and training in asset management Engineering standards in asset management Fault diagnosis and prognostics Financial analysis methods for physical assets Human dimensions in integrated asset management Information quality management Information systems and knowledge management Intelligent sensors and devices Maintenance strategies in asset management Optimisation decisions in asset management Risk management ...

  19. Conditional Density Models for Asset Pricing

    OpenAIRE

    Filipovic, Damir; Hughston, Lane P.; Macrina, Andrea

    2010-01-01

    We model the dynamics of asset prices and associated derivatives by consideration of the dynamics of the conditional probability density process for the value of an asset at some specified time in the future. In the case where the asset is driven by Brownian motion, an associated "master equation" for the dynamics of the conditional probability density is derived and expressed in integral form. By a "model" for the conditional density process we mean a solution to the master equation along wi...

  20. Bilateral trade, openness and asset holdings

    OpenAIRE

    Peter, Alexandra

    2010-01-01

    This paper analyzes the relationship between bilateral trade flows, trade openness, and asset holdings in a three-country stochastic general equilibrium model. The threecountry model set-up enables me to disentangle and separate the effects bilateral trade flows and trade openness have on bilateral portfolio patterns. I find that both factors independently influence bilateral asset holdings. Higher bilateral trade as well as higher trade openness lead to a higher bilateral foreign asset posit...

  1. Valuation of intellectual property and intangible assets

    OpenAIRE

    2010-01-01

    M.Comm. Intangible assets are increasingly becoming the critical determinant of value creation and future profitability of most businesses. There is a clear distinction between the accounting treatment of physical assets and are reported on the firm’s balance sheets, but intangible assets are by large written off in the income statement, along with regular expenses such as wages, rents and interest. This distorted treatment of intangibles in an accounting sense, has dire consequences for m...

  2. Valuation of intellectual property and intangible assets

    OpenAIRE

    2010-01-01

    M.Comm. Intangible assets are increasingly becoming the critical determinant of value creation and future profitability of most businesses. There is a clear distinction between the accounting treatment of physical assets and are reported on the firm’s balance sheets, but intangible assets are by large written off in the income statement, along with regular expenses such as wages, rents and interest. This distorted treatment of intangibles in an accounting sense, has dire consequences for m...

  3. Energy Risk Management with Carbon Assets

    OpenAIRE

    Chevallier, Julien

    2009-01-01

    This article proposes a mean-variance optimization and portfolio frontier analysis of energy risk management with carbon assets, introduced in January 2005 as part of the EU Emissions Trading Scheme. In a stylized exercise, we compute returns, standard deviations and correlations for various asset classes from April 2005 to January 2009. Our central result features an expected return of 3% with a standard deviation < 0.06 by introducing carbon assets – carbon futures and CERs- in a diversifie...

  4. The Q theory of investment, the capital asset pricing model, and asset valuation: a synthesis.

    Science.gov (United States)

    McDonald, John F

    2004-05-01

    The paper combines Tobin's Q theory of real investment with the capital asset pricing model to produce a new and relatively simple procedure for the valuation of real assets using the income approach. Applications of the new method are provided.

  5. The return of the natural philosopher

    Science.gov (United States)

    Lehner, Ed

    2010-03-01

    John R. Staver's article calling for a constructivist epistemology to maneuver between the disparate ways of knowing between science and religion prompts this response. This paper acknowledges Staver's scholarly analysis of the issue. Scientific and religious conflicts do present prominent challenges because these are profound but often-monolithic ways of constructing knowledge. However, my response withholds fully embracing Staver's call for a constructivist epistemology chiefly because his work goes beyond the confines of constructivism. Conversely, Staver's call for constructivist epistemology does not go far enough to advance a resolution between science and religion. Why? Because both science and religion often employ hyper-rationality in understanding the world, a process that does little to clarify the world's complexities. Philosophically, I refrain from accepting a complete schism between the two because such a framing does little to heal a conflict between those who praise the seen and those who praise the unseen. My response explores how hyper-rationality has triumphed over both science and religion, leaving the believer in one, or both, to navigate the journey alone. This article calls for the return of the natural philosopher. Utilizing this nineteenth-century term for scientist, this paper calls for an inquirer, one who can rise above the ideologies of science and religion to observe the current concerns of each field anew. Finally, taking a cue from Staver, this response introduces a potential discourse between science and religion in ways that each may, without embracing a variant ideology, make space for dialogue and mutual respect.

  6. [Neuroethics and Human Vulnerability in Philosophical Perspective].

    Science.gov (United States)

    Marcos, Alfredo

    2015-01-01

    This article tries to assess the potentials and limits of neuroethics. It argues that neuroscience and ethics should collaborate each other with mutual respect and preservation of their respective identities, scientific in the first case and philosophical in the second one ( neuroethics as cooperation). The text develops also a criticism in front of any attempt to replace the philosophical ethics by the neurosciences ( neuroethics as substitution). Consequently, the most appropriate ontological and anthropological foundations are explored to develop a cooperative neuroethics. These foundations refer to the Aristotelian hylomorphic conception of the substances. On such foundations it is possible to develop a collaborative neuroethics which includes two aspects: on the one hand, we have an ethics of neuroscience and, on the other one, a neuroscience of ethics. The first one shows us how to conduct neuroscience while preserving human dignity. The second one teaches us about the neurobiological basis of our moral agency. These bases enable our moral behavior without determining it. By studying them our vulnerability as moral agents emerges as evidence. This vulnerability, which is rooted in the very human nature, must be, as it is argued along the last pages of the text, recognized as well as mitigated.

  7. A Philosophical Treatise of Universal Induction

    Directory of Open Access Journals (Sweden)

    Samuel Rathmanner

    2011-06-01

    Full Text Available Understanding inductive reasoning is a problem that has engaged mankind for thousands of years. This problem is relevant to a wide range of fields and is integral to the philosophy of science. It has been tackled by many great minds ranging from philosophers to scientists to mathematicians, and more recently computer scientists. In this article we argue the case for Solomonoff Induction, a formal inductive framework which combines algorithmic information theory with the Bayesian framework. Although it achieves excellent theoretical results and is based on solid philosophical foundations, the requisite technical knowledge necessary for understanding this framework has caused it to remain largely unknown and unappreciated in the wider scientific community. The main contribution of this article is to convey Solomonoff induction and its related concepts in a generally accessible form with the aim of bridging this current technical gap. In the process we examine the major historical contributions that have led to the formulation of Solomonoff Induction as well as criticisms of Solomonoff and induction in general. In particular we examine how Solomonoff induction addresses many issues that have plagued other inductive systems, such as the black ravens paradox and the confirmation problem, and compare this approach with other recent approaches.

  8. Tolstoy’s Philosophic System and Taoism

    Directory of Open Access Journals (Sweden)

    Lu Venya

    2012-01-01

    Full Text Available Due to the intensive economic growth and consumer society formation, there expands a view that the human life value depends mainly on the material benefits and money; meanwhile, the moral values trail behind leading the humanity towards the spiritual crisis. The author recommends addressing the heritage of our great ancestors and studying both the works of L. N. Tolstoy and Taoism philosophy in order to maintain the spiritual self and revive our faith in human powers. Taoism is the native law of the world’s order demonstrating the natural ways of life, developing the harmonious life style, and teaching the natural control methods in compliance with the laws of nature.For the most Russian and Chinese readers Lev Tolstoy is a great writer and thinker; his philosophic system being one of the most significant in the Russian spirituality and ideology. L. Tolstoy rejected the western rationalism and studied the Chinese philosophic and religious doctrines. The author conducted a comparative analysis of Tolstoy’s concepts (non-resistance to evil by violence, wise non- doing and Taoism key concepts, and makes a conclusion about their organic interrelations, and the influence of the Chinese wisdom on Tolstoy’s works and worldview. 

  9. The Philosophical Problem of “Existence”

    Directory of Open Access Journals (Sweden)

    Leonid Djakhaia

    2016-02-01

    Full Text Available Historically known for three major types of philosophy, that developed in parallel in every hu- man civilization, and therefore do not exclude each other, and in accordance with the principle of subsidiarity only complement each other in many different respects: scientific philosophy, anthro- pology and religious philosophy. The more we come to know and deeply immense world around us, the more clearly and insistently arises the main philosophical question: why something exists? After all, it would be easier if there was nothing at all, including the people asking this tricky question. Nevertheless, the world still exists (according to the “anthropic principle”, but, I ask, why? It does not matter, the existence of which there is a speech: the “matter”, “God”, “absolute spirit” or some- thing completely different. That search for an answer to this question (why should something there? Is the true purpose of philosophy, if at all, the problem is solvable (in the sense of Kant’s “metaphys- ics”. And then there is a special philosophical category “existence”, which requires a special study.

  10. Evolution of the Term "Imitation" in Philosophical-Islamic Writings

    Directory of Open Access Journals (Sweden)

    سیّد مهدی زرقانی

    2012-03-01

    Full Text Available Imitation is a keyword in philosophical poetics that is the Fundamental element of poem. Concept of this term has changed since time of Aristotle to Qonnaee and then to other Muslim philosophers. This article is seeking the concept of Imitation Through philosophical writings and with Phenomenological method. Our Resources are Poetics’Aristotle translated by Qonnaee and then epistles of Farabi, Avicenna, Baqdadi, Ibn Rushd, Nasire Toosi and Qartajeni. Subject matters in this article are: The spiritual realm of Imitation, distinctions and likenesses of Imitation in arts, Imitation in poem, kinds of versicular Imitation, purposes of versicular Imitation, versicular Imitation and logical syllogism, versicular Imitation and rhetorical Techniques and finally versicular Imitation and Ultimate moral purpose of poem. Qartajeni isn’t philosopher but his work is affected by writings of Farabi and Avicenna. Key words: Philosophical Poetics, Imitation, Poem, Art, Muslim Philosophers.

  11. 12 CFR 567.12 - Purchased credit card relationships, servicing assets, intangible assets (other than purchased...

    Science.gov (United States)

    2010-01-01

    ...-taxable business combinations. A deferred tax liability that is specifically related to an intangible asset (other than purchased credit card relationships) arising from a nontaxable business combination may be netted against this intangible asset. The net amount of the intangible asset must be...

  12. METHODS AND WAYS OF MANAGING INTANGIBLE ASSETS IN THE ROMANIAN ECONOMY

    Directory of Open Access Journals (Sweden)

    Alexandru IOANCEA

    2011-09-01

    Full Text Available The term intangible is used to describe things that can be easily recognized but difficult to quantify. The best example is the intangible economic asset that is easy to describe but difficult to estimate in a particular economic theory.In the current economic theory, intangible economic assets , or intangible Assets are identifiable non-monetary goods specific for property and intellectual capital, beyond physical substance, containing knowledge as the results of research and development (patents, certificates of innovative concepts, specialized treatment, documentation, scientific brands or trademarks, trade secrets and industrial titles advertising, software licensing, copyright, license usage, etc..This paper presents a macroeconomic model to quantify intangible assets during 1991-2009. The model can be used to develop forecasts for the next period.

  13. 76 FR 78594 - Reporting of Specified Foreign Financial Assets

    Science.gov (United States)

    2011-12-19

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BJ69 Reporting of Specified Foreign Financial Assets AGENCY... foreign financial assets (other than assets excepted from reporting as provided in Sec. 1.6038D-7T) with... interest in specified foreign financial assets (other than assets excepted from reporting as provided...

  14. On the management and operation of enterprises intangible asset

    Science.gov (United States)

    Zhu, Yu; Wang, Hong

    2011-10-01

    Since entering the knowledge economy, the management of intangible assets becomes an important part of manage, this article discusses the problem of management on intangible assets, the properties of intangible assets, and the channels of management and operation on intangible assets, and stressed the important role of intangible assets in the development and innovation of the enterprise.

  15. Book Review: Jean-François Lyotard, Pourquoi philosopher?

    Directory of Open Access Journals (Sweden)

    Matthew R. McLennan

    2012-12-01

    Full Text Available The posthumous Pourquoi Philosopher? collects Jean-François Lyotard’s previously unpublished four-part introductory course in philosophy, delivered to students of the Sorbonne in 1964. The interest of this text is both historical (appearing at an important juncture in French thought and meta-philosophical (answering the question "why philosophize?" in such a way that a philosophy of philosophy - or rather several - is offered for consideration. The text will be of interest to readers of various levels of philosophical sophistication.

  16. On the Nature of Philosophy and Other Philosophical Essays

    National Research Council Canada - National Science Library

    Rescher, Nicholas

    2012-01-01

    .... Notwithstanding their thematic diversity, these discussions exhibit a uniformity of method in addressing philosophical issues via a mixture of historical contextualization, analytical scrutiny...

  17. Analytical Provision of Management of Intangible Assets

    Directory of Open Access Journals (Sweden)

    Shelest Viktoriya S.

    2013-11-01

    Full Text Available The goal of the article lies in the study of the process of conduct of economic analysis of such a complex product of the innovation and information society as objects of intellectual property, which are accepted in business accounting as intangible assets. All-absorbing integration processes in the economy and large-scale propagation of information technologies influence the capital structure. Thus, accepting intangible assets as a driving factor of competitiveness, enterprises prefer namely these assets, reducing the share of tangible assets. Taking this into account the scientists thoroughly studied the issues of economic analysis of intangible assets, since the obtained data are the main source of accounting and analytical information required for making weighted managerial decisions. At the same time, the issues of authenticity, accuracy, efficiency and transparency of the obtained results become topical. In the process of the study the article shows information content of the accounting and analytical data due to introduction of accounting and conduct of economic analysis of intangible assets. The article considers the modern state of the methods of analysis of intangible assets based on opinions of scientists. It characterises economic and legal state of development of licence agreements in Ukraine. It justifies economic expediency of use of such agreements. It forms the ways of making efficient managerial decisions on use of intangible assets in economic activity of subjects of entrepreneurship.

  18. International dynamic asset allocation and return predictability

    NARCIS (Netherlands)

    Basu, D.; Oomen, R.; Stremme, A.

    2010-01-01

    The presence of time varying investment opportunity sets has been documented in the context of international asset allocation, and the economic value associated with these is a topic of lively debate in the academic literature. This paper constructs simple, real-time dynamic international asset allo

  19. IFRS Developments for asset managers and funds

    National Research Council Canada - National Science Library

    Anthony Cadman

    2011-01-01

    ... of the contractual cash flows. Compared with IAS 39, IFRS 9 has fewer classification and measurement categories for financial assets and it eliminates the complex, rule-based requirements for separating embedded derivatives, the tainting rules for held-to-maturity investments and the difficulties in determining impairment for available for sale (AFS) assets.

  20. 39 CFR 3060.12 - Asset allocation.

    Science.gov (United States)

    2010-07-01

    ... 39 Postal Service 1 2010-07-01 2010-07-01 false Asset allocation. 3060.12 Section 3060.12 Postal... COMPETITIVE PRODUCTS ENTERPRISE § 3060.12 Asset allocation. Within 6 months of January 23, 2009, and for each... competitive products enterprise using a method of allocation based on appropriate revenue or cost...

  1. Inflation risk and international asset returns

    NARCIS (Netherlands)

    G.A. Moerman (Gerard); M.A. van Dijk (Mathijs)

    2010-01-01

    textabstractWe show that inflation risk is priced in international asset returns. We analyze inflation risk in a framework that encompasses the International Capital Asset Pricing Model (ICAPM) of Adler and Dumas (1983). In contrast to the extant empirical literature on the ICAPM, we relax the

  2. Liquidity-related plan asset issues.

    Science.gov (United States)

    Murphy, B B; Johnson, M K; Zorn, W P

    2000-12-01

    By about 2025, most baby boomers will have retired, which will put a tremendous strain on public sector pension plans. Many will experience negative cash flows, and liquidity will be an increasing concern. Asset/liability studies can help measure the effect of this risk on system funding and contribution requirements, resulting in more informed asset allocation choices and benefit policies.

  3. Road map voor technologische uitdagingen Asset Management

    NARCIS (Netherlands)

    Peelen, W.H.A.; Mookhoek, S.D.

    2013-01-01

    Omdat Asset Management steeds belangrijker wordt, heeft TNO een Road Map opgesteld waarin staat welke meet-, model- wn simulatietechnieken (MMS) in de toekomst voor goed Asset Management ontwikkeld moeten worden. Het doel is te komen tot hoogwaardige technologie voor de ondersteuning van beheer en o

  4. 12 CFR 347.210 - Asset maintenance.

    Science.gov (United States)

    2010-01-01

    ... primary regulator, may require that a higher ratio of eligible assets be maintained if the financial... requiring a higher ratio of eligible assets are the concentration of risk to any one borrower or group of... Reserves or equivalent write down, or “Loss” in the most recent state or federal examination report;...

  5. Essays on International Finance and Asset Pricing

    NARCIS (Netherlands)

    Eiling, E.

    2007-01-01

    The second part of this dissertation takes a more general asset pricing perspective. In particular, it investigates the impact of human capital on asset pricing. Investors' portfolio decisions may be affected by their human capital. For instance, an investor who works in the IT sector may want to

  6. The enigma of energy: A philosophical inquiry

    Science.gov (United States)

    Todaro-Franceschi, Vidette

    1998-06-01

    A philosophical inquiry was undertaken to examine the enigma of energy in an attempt to clarify and further illuminate the basic ideas of energy. Beginning with the origin of the concept-Aristotle's conceptualization of energeia-and continuing through to the present day with an overview of the historical conceptual development of energy in Western science, an analysis and interpretation of the scientific and philosophic literature was performed. Literature regarding aspects of human sentience was also examined for underlying ideas of energy. And, finally, selected medical and nursing science theoretical frameworks were analyzed with the hope of further grasping the philosophical underpinnings related to the phenomenon of human energy. Certain ideas of energy became evident. Energy can be viewed as a process and this view works well within the physical science domain. When energy is viewed as a process it falls within the mechanistic tradition: things are viewed as particulate, and cause and effect related. However, energy can also be viewed as a phenomenon, a thing. As a phenomenon, energy is continually transforming and actualizing inherent potentials in a communal process. When energy is recognized as the sole phenomenon responsible for everything in existence, it becomes evident that all is essentially one. In addition, when energy is viewed in this manner it becomes increasingly difficult to deny the purposive character underlying all nature. It is argued that the mystery ultimately leads to something far beyond what we know exists. One of the intuitive feelings of this researcher was that there were at least two different ideas of energy in the sciences of medicine and nursing, which, while different, shared some common elements as well. An examination of Hippocrates', Nightingale's, Selye's, Levine's, and Rogers' ideas, as well as the basic tenets of alternative health care, revealed two distinct worldviews regarding human energy which are congruent with the

  7. Philosophical analysis of virtualization educational space problems

    Directory of Open Access Journals (Sweden)

    V. D. Kolomiets

    2016-06-01

    Full Text Available Categorical imperative of the new spatial organization of education through its integration in the media space is its virtualization. It is possible in principle, given that both spaces are characterized by adaptability, ease transfer from one semiotic system to another, mobility, functionality, flexibility, allowing for their continuous restructuring. On the philosophical and educational perspective, for us it is important to note that the «idea» of media education space sets the goal of education, understanding of the complex and multi­level organization of information relations of the educational process is a simple link between empirical concepts and ideas about education space as integrity within the information society. Virtual dimension issues of educational space formed within one of the major philosophical and educational issues ­ problems of socio­cultural nature of education as a mechanism of becoming human in man. Today feature virtual philosophical analysis is understanding not just a technical phenomenon, but as a space of human existence, and therefore its educational space. It is in this sense the philosophy of education is important to apply the methodology of media philosophy in the development problems of media education space as a space of life, self­development and self­knowledge of man. Crisis and negative phenomena in postmodern education is not the result of the process of formation of modern electronic media and virtual media space. However, this specific problem requires analysis of education is in the context of new technologies of mass communication. The spread of the crisis of education in terms of media reality should be seen as a crisis of a man who fell into the information system, which is the media model and simulated education and awareness of life. Education in terms of media consumerism acts as a social technology and media culture «escape from thinking.» The transition from education information and

  8. Intangible assets for intangible deliverables

    DEFF Research Database (Denmark)

    Elsmore, Matthew J.

    2008-01-01

    As the dominant economic business model in Europe, services are important when we consider intangible assets. This article argues a case for some kind of 'special relationship' between service firms and trade marks-specifically bearing in mind the CTM system and new EU services law. On the question...... if there can be constructive overlap between trade marks and services and how this emerges, the analysis shows there is reason both for and against thinking that together the relevant sets of laws, among other things, ease the transition from national- to Community-based trading for the overwhelming majority...... of EU businesses. The article suggests a starting point for a fresh yet reassuringly ordinary dialogue within trade mark law, one that asserts it a central role in realising predicted economic benefits of the Internal Market....

  9. Investor Flows to Asset Managers

    DEFF Research Database (Denmark)

    Christoffersen, Susan E. K.; Musto, David K.; Wermers, Russ

    2014-01-01

    Cash flows between investors and funds are both cause and effect in a complex web of economic decisions. Among the issues at stake are the prospects and fees of the funds, the efforts and risk choices by the funds' managers, the pricing and comovement of the assets they trade, the stability...... of the financial system and the real economy, and the retirement security and protection of the investors. There is an accordingly large and growing literature on flows that has concentrated on the main retail investment pool, the open-end mutual fund, and has used flows to explore many aspects of retail financial...... decision making. We survey this literature and, where relevant, describe how open-end flows compare to other investment vehicles. We also identify opportunities both for future research and for refinement of mutual fund design, in particular as suggested by the recent rethinking of retail investment pools...

  10. CNOOC Acquires Oversea Assets Successfully

    Institute of Scientific and Technical Information of China (English)

    Hu Senlin

    2006-01-01

    @@ After last year CNOOC's bidding for buy the US energy company Unocal Corp lost out to the Chevron Corporation, it conducted the crossing-border asset-acquirement again in the beginning of this year. On Jan. 9, 2006,CNOOC Ltd signed a definitive agreement with Nigeria South Atlantic Petroleum Limited (SAPETRO) to acquire a 45 % working interest in an offshore oil developing license OML 130 in Nigeria for US$2.268 billion cash. The purchase will be funded by the internal capital resources of CNOOC Ltd. In which, US$1.75 billion will pay for buying SAPETRO, and the remaining cash will be used to pay for the early operation cost.

  11. USING RF TECHNOLOGY FOR PROTECTED ASSET TRACKING

    Energy Technology Data Exchange (ETDEWEB)

    Younkin, James R [ORNL; Pickett, Chris A [ORNL; Richardson, Dave [ORNL; Stinson, Brad J [ORNL

    2008-01-01

    The Oak Ridge National Laboratory (ORNL) is working on systems that use a new radio frequency (RF) technology called Rubee to manage and inventory many types of protected assets, including weapons housed in Department of Energy (DOE) armories, tooling, and nuclear material containers. Rubee is being considered for an IEEE Standard, and is used on several projects at ORNL because of its high performance when used in, on, and around metal-an environment that is typical of that found in an armory vault and that of many other protected assets locations within nuclear facilities. The primary objective using Rubee is to supply sustainable technology that provides timely information on the status and location of protected assets. This paper focuses on the results from a deployment of this technology at a DOE armory and discusses the applicability of Rubee for use with other protected assets within nuclear facilities. Key Words: Rubee , low radio frequency, protected assets

  12. ON EVIDENCE: APPROACH FROM THE PHILOSOPHICAL HERMENEUTICS

    Directory of Open Access Journals (Sweden)

    Arturo García Rillo

    2015-06-01

    Full Text Available In order to make the term analytical evidence to reveal the original meaning of its application to account for hermeneutical situations in the world of life, the study was conducted from philosophical hermeneutics stating the following: viewpoint, understanding horizon and fusion of horizons. In the viewpoint uses of evidence are described. The horizon of understanding traces the history of the concept of evidence highlighting the perspective of Husserl. In the fusion of horizons evidence described in three levels of reality: perceived (evidence from beliefs, known (evidence from knowledge and constructed (deliberative evidence. We conclude that the historicity of the world allows rehabilitate the tradition and gives meaning to the evidence as the fact that it gets in the eyes through the original experience of hermeneutics situation that exists in practice.

  13. Yang-Mills for historians and philosophers

    Science.gov (United States)

    Crease, R. P.

    2016-01-01

    The phrase “Yang-Mills” can be used (1) to refer to the specific theory proposed by Yang and Mills in 1954; or (2) as shorthand for any non-Abelian gauge theory. The 1954 version, physically speaking, had a famous show-stopping defect in the form of what might be called the “Pauli snag,” or the requirement that, in the Lagrangian for non-Abelian gauge theory the mass term for the gauge field has to be zero. How, then, was it possible for (1) to turn into (2)? What unfolding sequence of events made this transition possible, and what does this evolution say about the nature of theories in physics? The transition between (1) and (2) illustrates what historians and philosophers a century from now might still find instructive and stimulating about the development of Yang-Mills theory.

  14. Notion of Identification: A Philosophical Case Study

    Directory of Open Access Journals (Sweden)

    Arto Mutanen

    2016-09-01

    Full Text Available Human life should be good life in the real world which is not merely a function of objective facts but also a function of subjective factors like hopes, fears, interests, etc. Goodness, or excellence, is an ethical notion. The factors of good life cannot be identified solely by using the so-called factual (descriptive methods of identification. This means that the identification cannot be fully “objective” or fully “public”. Furthermore, there is a need for other methods of identification that also take into account certain “subjective” aspects of the object of identification. Following Jaakko Hintikka we call these methods contextual (perspectival methods of identification. Here ethics is not a set of ethical rules but rather the practical study of human life. How should we live our unique life? A philosophical-conceptual study is thus practical for this purpose. This is what Aristotle called practical wisdom (phronēsis.

  15. Philosophical Issues in Psychiatry II: Nosology

    DEFF Research Database (Denmark)

    Parnas, Josef Stefan Stanislaw; Kendler, Kenneth S.

    /psychological research, measurement theory, historical tradition and policy. This makes the field fertile for a conceptual analysis. This book brings together established experts in the wide range of disciplines that have an interest in psychiatric nosology. The contributors include philosophers, psychologists......Psychiatric and psychological practice and research is critically dependent on diagnosis. Yet the nature of psychiatric diagnosis and the rules by which disorders should be created and organized have been highly controversial for over 100 years. Unlike simple medical disorders (like infectious...... concepts of psychiatric diagnosis changed over time? iv) How can we best conceptualize the central idea of diagnostic validity? And v) Can psychiatric classification be a cumulative enterprise seeking improvements at each iteration of the diagnostic manual? Each individual chapter is introduced...

  16. Philosophical Issues in Psychiatry II: Nosology

    DEFF Research Database (Denmark)

    Parnas, Josef Stefan Stanislaw; Kendler, Kenneth S.

    2012-01-01

    /psychological research, measurement theory, historical tradition and policy. This makes the field fertile for a conceptual analysis. This book brings together established experts in the wide range of disciplines that have an interest in psychiatric nosology. The contributors include philosophers, psychologists......Psychiatric and psychological practice and research is critically dependent on diagnosis. Yet the nature of psychiatric diagnosis and the rules by which disorders should be created and organized have been highly controversial for over 100 years. Unlike simple medical disorders (like infectious...... concepts of psychiatric diagnosis changed over time? iv) How can we best conceptualize the central idea of diagnostic validity? And v) Can psychiatric classification be a cumulative enterprise seeking improvements at each iteration of the diagnostic manual? Each individual chapter is introduced...

  17. 6th World Congress on Engineering Asset Management

    CERN Document Server

    Ni, Jun; Sarangapani, Jagnathan; Mathew, Joseph

    2014-01-01

    This text represents state-of-the-art trends and developments in the emerging field of engineering asset management as presented at the Sixth World Congress on Engineering Asset Management (WCEAM) held in Cincinnati, OH, USA from October 3-5, 2011 The Proceedings of the WCEAM 2011 is an excellent reference for practitioners, researchers and students in the multidisciplinary field of asset management, covering topics such as: • Asset condition monitoring and intelligent maintenance • Asset data warehousing, data mining and fusion • Asset performance and level-of-service models • Design and lifecycle integrity of physical assets • Deterioration and preservation models for assets • Education and training in asset management • Engineering standards in asset management • Fault diagnosis and prognostics • Financial analysis methods for physical assets • Human dimensions in integrated asset management • Information quality management • Information systems and knowledge management • Intellig...

  18. FASB Statement No. 136 clarifies transfers of assets.

    Science.gov (United States)

    Luecke, R W; Meeting, D T

    2000-03-01

    FASB Statement of Financial Accounting Standards No. 136, Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions for Others, provides guidance and establishes accounting standards for the transfer of assets from donors to not-for-profit organizations that may then transfer those same assets to a beneficiary organization. Recipient organizations that accept financial assets from a donor and agree to use those assets on behalf of a specified unaffiliated beneficiary or transfer those assets, the return on investment of those assets, or both to that beneficiary must recognize the assets received from the donor and recognize the assets' fair value as a liability to the beneficiary. The statement describes circumstances in which a transfer of assets to a recipient organization is accounted for as an asset and corresponding liability of the recipient organization, and as an asset and donation revenue by the beneficiary organization because the transfer is irrevocable.

  19. When philosophers shoot from the hip.

    Science.gov (United States)

    Rachels, J

    1992-07-01

    A visible result of the 20-year old applied ethics movement is the use of moral philosophers as quotable newspaper sources. In situations like the op-ed page, adequate space and time allows for serious reflection, and the columns provide accessible, quality ideas for the general public. Quality usually disappears when the newspaper interviews an ethicists for the next day's story. Reporters want a short, pithy quote, confirming their belief that alarming events really are alarming events. A conservative viewpoint usually results: new developments become troubling, not because of careful analysis, but because it challenges accepted wisdom. The New York times provided readers with immediate resistance to the idea that a family may decide to have a 2nd child in the hopes that that child will provide compatible bone marrow cells (a 1 in 4 chance) needed to save the life of the 1st-born child after a 2-year search for a suitable donor, with plans to love their baby. The Times quoted an ethicist saying: "It's outrageous that people would go to this length." But consider the question. Is it really better to let the older child die for some vague ethical fear? Parents choose to reproduce for many reasons unrelated to the unrealistic ideal of wanting to have a child solely for "that child's own welfare...each person [being] an end in...herself..." As commentators of public events, philosophers would do well to challenge the prevailing orthodoxy, questioning assumptions unthinkingly made. Instead they frequently serve as orthodoxy's most sophisticated defenders, assuming that the existing social consensus must be right and articulating its theoretical "justification." Or they rely on the "slippery slope" doctrine of fear, where departure form business-as-usual leads inextricably to frighteningly extreme consequences. The silliness of previous facile ethical pronouncements suggests the need for future caution.

  20. Organizational information assets classification model and security architecture methodology

    Directory of Open Access Journals (Sweden)

    Mostafa Tamtaji

    2015-12-01

    Full Text Available Today's, Organizations are exposed with huge and diversity of information and information assets that are produced in different systems shuch as KMS, financial and accounting systems, official and industrial automation sysytems and so on and protection of these information is necessary. Cloud computing is a model for enabling ubiquitous, convenient, on-demand network access to a shared pool of configurable computing resources that can be rapidly provisioned and released.several benefits of this model cuses that organization has a great trend to implementing Cloud computing. Maintaining and management of information security is the main challenges in developing and accepting of this model. In this paper, at first, according to "design science research methodology" and compatible with "design process at information systems research", a complete categorization of organizational assets, including 355 different types of information assets in 7 groups and 3 level, is presented to managers be able to plan corresponding security controls according to importance of each groups. Then, for directing of organization to architect it’s information security in cloud computing environment, appropriate methodology is presented. Presented cloud computing security architecture , resulted proposed methodology, and presented classification model according to Delphi method and expers comments discussed and verified.

  1. Should Philosophers and Educators Be Speaking to Each Other?

    Science.gov (United States)

    Fenstermacher, Gary D.

    2002-01-01

    Responds to Arcilla's article, "Why Aren't Philosophers and Educators Speaking to One Another?" suggesting that philosophers and educators are actually speaking to one another, copiously and productively, though the conversation sometimes takes other, less direct modes. The paper asks whether they should be talking to each other, suggesting that…

  2. Evolutionary idealism: a philosophical foundation for holistic nursing theory.

    Science.gov (United States)

    Sarter, B

    1987-01-01

    The philosophical tradition of evolutionary idealism is explored as an appropriate metaphysical foundation for holistic nursing science. Some implications of this tradition for theory development, testing, and practice are identified. It is suggested that evolutionary idealism can form an appropriate philosophical foundation for nursing theory development.

  3. Discussing a Philosophical Background for the Ethnomathematical Program

    Science.gov (United States)

    Vilela, Denise Silva

    2010-01-01

    This article examines the extent to which Wittgenstein's analytical framework may be relevant to philosophical reflection on ethnomathematics. The discussion develops Bill Barton's suggestion that a philosophical basis for the ethnomathematical program should include and explain culturally different mathematics systems, and the coexistence of…

  4. John Fowles' Philosophical Ideology Embodied in The French Lieutenant's Woman

    Institute of Scientific and Technical Information of China (English)

    金卡丽

    2009-01-01

    This paper gives a tentative analysis on John Fowles' philosophical ideology embodied in The French Lieutenant's Woman, and discusses the existence of God and its existence but not intervening of human affairs, the philosophical concept of existentialism and the characters' freedom of choosing their own identity in this novel.

  5. Peirce and Rationalism: Is Peirce a Fully Semiotic Philosopher?

    Science.gov (United States)

    Stables, Andrew

    2014-01-01

    While Peirce is a seminal figure for contemporary semiotic philosophers, it is axiomatic of a fully semiotic perspective that no philosopher or philosophy (semiotics included) can provide any final answer, as signs are always interpreted and the context of interpretation always varies. Semiosis is evolutionary: it may or may not be construed as…

  6. The Community of Inquiry: Blending Philosophical and Empirical Research

    Science.gov (United States)

    Golding, Clinton

    2015-01-01

    Philosophical research tends to be done separately from empirical research, but this makes it difficult to tackle questions which require both. To make it easier to address these hybrid research questions, I argue that we should sometimes combine philosophical and empirical investigations. I start by describing a continuum of research methods from…

  7. Recovering the Philosophical Anthropology of Max Scheler for Leadership Studies

    Science.gov (United States)

    Harter, Nathan

    2006-01-01

    During the first half of the twentieth century, a handful of German speaking scholars examined leadership through the lens of what came to be known as philosophical anthropology, a field of study inaugurated by Max Scheler. Not only do their contributions belong in the history of leadership studies, but the findings of philosophical anthropology…

  8. Discussing a Philosophical Background for the Ethnomathematical Program

    Science.gov (United States)

    Vilela, Denise Silva

    2010-01-01

    This article examines the extent to which Wittgenstein's analytical framework may be relevant to philosophical reflection on ethnomathematics. The discussion develops Bill Barton's suggestion that a philosophical basis for the ethnomathematical program should include and explain culturally different mathematics systems, and the coexistence of…

  9. Peirce and Rationalism: Is Peirce a Fully Semiotic Philosopher?

    Science.gov (United States)

    Stables, Andrew

    2014-01-01

    While Peirce is a seminal figure for contemporary semiotic philosophers, it is axiomatic of a fully semiotic perspective that no philosopher or philosophy (semiotics included) can provide any final answer, as signs are always interpreted and the context of interpretation always varies. Semiosis is evolutionary: it may or may not be construed as…

  10. 制度背景与企业资产弃置义务负债的确认——基于我国采掘业上市公司的研究%Institutional Background and Enterprise's Recognization of Liabilities of Asset Retirement Obligation --A Study based on Listed Companies of Extractive Industry in China

    Institute of Scientific and Technical Information of China (English)

    许松涛; 陈霞

    2012-01-01

    本文以2007—2010年我国煤炭、金属矿和石油天然气行业等66家采掘业上市公司为样本,对影响采掘业上市公司确认资产弃置义务负债的因素进行了研究。结果表明,管理层薪酬激励的不足、落后的环境法制建设严重影响了相关企业对资产弃置义务负债的确认;而在地方政府环境治理力度较低地区的企业,有可能确认资产弃置义务负债;国际四大和国内十大事务所的审计,并没有推进企业对资产弃置义务会计处理规范的遵循;事务所的专业化程度一定程度上有助于提升企业对资产弃置义务会计处理规范的遵循。%In this paper, with data of 66 listed companies of China's coal, metal mining and oil and gas industry and other extractive industries from 2007 to 2010, we make an analysis on the factors influencing recognization of Liabilities of asset retirement obligation(ARO) of listed companies of extractive industry. The result shows that insufficient executive compensation incentive and lag of environmental legal system seriously affect enterprise's recognization of liabilities of ARO. While companies located in the areas where the level of environmental management of local government is low are more likely to confirm liabilities of ARO. The auditing of big four international accounting firms and big ten domestic firms fails to promote the accounting of ARO. Additionally, specializa tion of accounting to a degree is beneficial for helping enterprise to follow standards of accounting for ARO.

  11. 'To Philosophize is to Learn How to Die?'

    Directory of Open Access Journals (Sweden)

    Saitya Brata Das

    2008-06-01

    Full Text Available Philosophical thinking, as it is thinking of existence, is essentially finite thinking. This is to say that as thinking of existence, philosophical thinking is essentially also thinking of finitude. This ‘also' is not the accidental relationship between existence and finitude. Rather, to think existence in its finitude, insofar as existence is finite, is to think existence in its existentiality. Philosophy that gives itself the task of thinking the relationship between existence and finitude, must in the same gesture, be concerned with its own finitude: to philosophize is not only to think the finitude of existence, but the very finitude of thinking that thinks finite existence. To philosophize is not only to philosophize the finitude of existence as such, but also in so far as philosophising itself is a task which is essentially in itself finite. To assume as the task of thinking the finitude of existence is to think the very finitude of philosophical thinking: this is the profound relationship that exists between existence and philosophy, which is that philosophizing existence and an existential philosophy are essentially finite. This is perhaps what Socrates says of philosophizing: ‘to philosophize is to learn how to die.' "To philosophize is to learn how to die": this is to say, to philosophize is to learn that philosophy and existence are essentially finite. Philosophy and existence belong to finitude and gifts of finitude; therefore to philosophize is to learn how existence is this gift. To be able to learn how existence is this gift of finitude, to be able to assume this gift that makes existence essentially finite, which is to be able to assume existence at all, is to be able to die.' Learning to die' then comes to signify the ability of dying, which is in the same gesture, the ability of existing: existence, and dying at the end must be this ability, of existing and dying. Philosophizing must provide, then, the learning of this

  12. Philosophical midwifery and the birthpangs of modern cosmology

    Science.gov (United States)

    Gale, George; Urani, John

    1993-01-01

    Philosophical considerations sometimes direct developments in physics. Such influence most frequently operates during the genesis of new fields. The birth of modern cosmology provides clear evidence of the interaction between philosophical issues and the shape and direction of a new physical discipline. Philosophical controversy between E. A. Milne and other astrophysicists, including A. S. Eddington, James Jeans, and H. P. Robertson, directly affected the models, methods, and very nature of cosmological science for future generations. Today's standard space-time metric, for example, resulted from responses by Robertson and A. G. Walker to philosophical challenges presented in Milne's proposals to scrap the very idea of expanding ``space.'' Analysis of published works, unpublished manuscripts and correspondence, and personal interviews illustrates the role philosophical considerations played in development of this new field in physics.

  13. 资产价格波动、通货膨胀与产业“空心化”——基于我国沿海地区民营工业面板数据的实证研究%Asset Price Fluctuation,Inflation and Industrial Hollowing——Empirical Study Based on Panel Data of Private Industry in China's Coastal Areas

    Institute of Scientific and Technical Information of China (English)

    吴海民

    2012-01-01

    本文利用2001—2010年我国沿海地区12省市民营工业的面板数据,实证检验了资产价格波动、通货膨胀对我国沿海地区民营工业"规模空心化"与"效率空心化"的影响。结果表明,房地产价格上涨、通货膨胀存在引发民营工业"规模空心化"和"效率空心化"的作用机制。股价上涨一方面对民营实体投资具有"挤出效应",加剧民营工业的"规模空心化",另一方面对民营工业的技术效率存在促进效应,一定程度上又减轻了"效率空心化"。宏观政策上,可以通过调控资产价格、降低通货膨胀预期来对民营工业"空心化"进行积极干预。短期内要为民营工业营造良好的生存环境,长期内要抛弃"依靠低要素价格在低附加值领域维持低成本竞争"的发展模式,开辟新的利润源泉,民营工业的"空心化"才能真正好转。%By use of 2001—2010 panel data of private industry from 12 coastal provinces and cities,this article takes an empirical study about how asset price fluctuation and inflation influence the scale-hollowing and efficiency-hollowing.The results show that rise of real estate price and inflation may not only cause scale-hollowing but also promote efficiency-hollowing of private industry.The rise of stock price on the one hand may intensify scale-hollowing through squeezing out entity investments,on the other hand can reduce efficiency-hollowing through improving technology efficiency of private industry.Therefore,on the macro-policy,government can regulate the stock and real estate prices,bring down inflation expectation as to control industrial hollowing.In the short term create a favorable environment for private industry,in the long term discard "low factor price,low added value,low cost competitive" development mode,find new profit source,private industry hollowing can really be improved.

  14. A contribution for the development of performance indicators of the organization intangible assets

    Directory of Open Access Journals (Sweden)

    Claudelino Martins Dias Junior

    2011-12-01

    Full Text Available DOI: 10.5007/2175-8077.2011v13n31p11This paper classifies management models whose original concepts are used and adapted as a way to raise awareness of the importance of internal intangible assets of Methodologies considered for this purpose are as follows, the methodology of Teixeira (2005 to determine the manufacture flexibility indicators, the methodology of França (2004 to establish indicators for the organizational intangible assets and the methodology and the Hoss (2003 for quantity and quality valuation of intangible assets which are analyzed. An adaption of these methodologies is thus proposed so that they may be customised for the utilization of the knowledge assets. The primary aim of the work presented in this paper, is to be able to assess the real value of the organizational intangible assets and the development of performance indicators for these same assets, in order to obtain better levels of operational efficiency in the management of the industrial context within the a unit manufacture.

  15. Tapping the Value Potential of Extended Asset Services - Experiences from Finnish Companies

    Science.gov (United States)

    Kortelainen, Helena; Hanski, Jyri; Valkokari, Pasi; Ahonen, Toni

    2017-09-01

    Recent developments in information technology and business models enable a wide variety of new services for companies looking for growth in services. Currently, manufacturing companies have been actively developing and providing novel asset based services such as condition monitoring and remote control. However, there is still untapped potential in extending the service delivery to the long-term co-operative development of physical assets over the whole lifecycle. Close collaboration with the end-customer and other stakeholders is needed in order to understand the value generation options. In this paper, we assess some of the asset services manufacturing companies are currently developing. The descriptions of the asset services are based on the results of an industrial workshop in which the companies presented their service development plans. The service propositions are compared with the Total Cost of Ownership and the closed loop life cycle frameworks. Based on the comparison, gaps that indicate potential for extended asset service concepts are recognised. In conclusion, we argue that the manufacturing companies do not recognise the whole potential for asset based services and for optimizing the performance of the end customers' processes.

  16. TAPPING THE VALUE POTENTIAL OF EXTENDED ASSET SERVICES – EXPERIENCES FROM FINNISH COMPANIES

    Directory of Open Access Journals (Sweden)

    Helena KORTELAINEN

    2017-07-01

    Full Text Available Recent developments in information technology and business models enable a wide variety of new services for compa-nies looking for growth in services. Currently, manufacturing companies have been actively developing and providing novel asset based services such as condition monitoring and remote control. However, there is still untapped potential in extending the service delivery to the long-term co-operative development of physical assets over the whole lifecycle. Close collaboration with the end-customer and other stakeholders is needed in order to understand the value genera-tion options. In this paper, we assess some of the asset services manufacturing companies are currently developing. The descriptions of the asset services are based on the results of an industrial workshop in which the companies presented their service development plans. The service propositions are compared with the Total Cost of Ownership and the closed loop life cycle frameworks. Based on the comparison, gaps that indicate potential for extended asset service concepts are recognised. In conclusion, we argue that the manufacturing companies do not recognise the whole potential for asset based services and for optimizing the performance of the end customers’ processes.

  17. Comparability of Accounting Choices in Subsequent Measurement of Fixed Assets, Intangible Assets, and Investment Property in South American Companies

    National Research Council Canada - National Science Library

    Flaida Êmine Alves de Souza; Sirlei Lemes

    2016-01-01

    ... Accounting Standards Board (IASB). In this article, we identified the comparability degree of accounting choices in the subsequent measurement of fixed assets, intangible assets, and investment property (IP...

  18. The Differences Between Revaluation and Assets Impairment

    Directory of Open Access Journals (Sweden)

    BOBIȚAN Nicolae

    2013-05-01

    Full Text Available Impairment and revaluation are terms closely related to one another, with subtle differences. Revaluation and impairment both require the company to evaluate the assets for their fair value, and then take appropriate action in updating the accounting books. The major difference between the two is that a revaluation can be made upwards (to increase the value of the asset to market value or downwards (to ecrease the value. An impairment, on the other hand, only refers to one of the two, a fall in the market value which is then written down. The purpose of the paper is to establish what are the differences between revaluation and impairment of assets.

  19. Fighting corruption – a philosophical approach

    Directory of Open Access Journals (Sweden)

    Schalk W. Vorster

    2013-11-01

    Full Text Available Corruption has reached astounding proportions in South Africa. The purpose of this article is to contribute to philosophical approaches aimed at combating corruption. In considering punishment for acts of corruption the most common approach is based on the philosophical theory of consequentialism, which allows only consideration of the consequences of corrupt acts. Ideally, cognisance should be taken of the norms in question, especially those norms demanding the judicious execution of obligations. It was, however, found that the Kantian categorical imperative presupposes an ideal rational society. The imperative has to be ‘softened’ by also allowing for enquiry about the corruptor’s personal circumstances, in the light of Christ’s love commandment. This article highlights the most prominent attributes of two important philosophical theories applicable to the study of corruption, namely utilitarianism (a variant of consequentialism and deontology. It is argued that qualified deontological and utilitistic approaches hold the best promise to curb corruption in the long run. The conclusion is that the state will urgently have to attend to the social context by revitalising programmes of ‘social renewal’, based on effective application of the law, the provision of adequate education and the eradication of poverty. There is also an urgent need for the ‘moral renewal’ of the entire population, focused on Christian values, operationalised within the context of the South Africa of today. Herein lies a massive task for the church.Korrupsie het verstommende afmetings in Suid-Afrika aangeneem. Die doel van hierdie artikel is om ’n bydrae te lewer tot filosofiese benaderings wat daarop gemik is om korrupsie te bestry. By die oorweging van strawwe vir korrupte dade word die mees algemene benadering gebaseer op die teorie van konsekwensialisme, wat slegs die gevolge van korrupte dade oorweeg. Ideaal-gesproke behoort ook kennis geneem te word

  20. The Piranha Solution: Monitoring and Protection of Proprietary System Intangible Assets

    Science.gov (United States)

    Ladwig, Christine; Schwieger, Dana; Clayton, Donald

    2017-01-01

    The "Piranha Solution"® is a complex and valuable integrated chemical supply inventory management system protected as a trade secret by its asset holder, the Confluence Corporation. The "Piranha" program is the lifeblood of the corporation's growth and success in the chemical supply industry. A common definition of "trade…

  1. The Philosopher In The Newspaper: Serhiy Krymsky As A Public Intellectual

    Directory of Open Access Journals (Sweden)

    Melnyk Andriy

    2015-06-01

    Full Text Available Interactions of philosophical and journalistic spheres, mediatization of philosophy are main problems of this article. Author considers public philosophy of contemporary Ukrainian philosopher Serhiy Krymsky and determines a role of philosophical journalism in modern media discourse.

  2. APPROACHES CONCERNING ACCOUNTING OF INTANGIBLE ASSETS

    Directory of Open Access Journals (Sweden)

    Gheorghe MOROSAN

    2016-02-01

    Full Text Available Given the importance of intangible assets in the company the paper aims to establish criteria for recognizing and measuring these assets through which the company can not only reflect the true value and its carrying amount. The main objective is to formulate a logical definition of intangible assets in accounting terms that allows their recognition in financial reporting to help build an accurate image of the company. It will demonstrate how important intangible assets for a successful company are and how they can help develop the economy and especially the Romanian economy. The secondary objectives are: - Setting limits in the valuation of intellectual capital from the point of view of internal control and external - Create a new post in the balance sheet to include this related value

  3. The complexity classification of intangible assets

    Directory of Open Access Journals (Sweden)

    Paula-Angela Vidrascu

    2013-03-01

    Full Text Available This paper tries to solve the complex problems of arising in the definition and delimitation of the intangible assets. Over time the technology develops and resizes continuously and along with it redefine in a very short time the theoretical and practical concepts of the economy. From the economic point of view an asset can be defined as a resource controlled by the enterprise as a result of past transactions or investments, and which is expected to generate future economic benefits. Intangible assets are the most important economic resources of an entity because in terms of their analysis of the technical, material and financial ñ of her evolution over time and the ability of continuous development. The main purpose of this article is to analyse the research carried out for the purposes of the definition and delimitation of intangible assets.

  4. Metadata for the description of broadcast assets

    DEFF Research Database (Denmark)

    Efthimiadis, Efthimis N.; Mai, Jens Erik; Burrows, Paul E.

    2003-01-01

    The Corporation for Public Broadcasting (CPB) and public broadcasters consider Media Asset Management (MAM) of critical importance since without a concerted and cooperative plan to manage their vast library of content, broadcasters are unable to reach their potential for service in the digital age....... The concerns for Media Asset Management, human and technical, are myriad. Media Asset Management is the framework upon which many of the largest technology projects will be built, including the future interconnection system between and among CPB member stations. It is CPB's hope that its licensees...... and their partners in university, museum, and library communities, will work together to contribute to Media Asset Management solutions. These issues are not unique to Public Broadcasters. Similar issues are faced by all networks at different levels of complexity. This panel will present efforts by broadcasters...

  5. APPROACHES CONCERNING ACCOUNTING OF INTANGIBLE ASSETS

    National Research Council Canada - National Science Library

    Gheorghe MOROSAN; Veronica GROSU; Ioana Mădălina ZUBAȘ

    2016-01-01

    ... and its carrying amount. The main objective is to formulate a logical definition of intangible assets in accounting terms that allows their recognition in financial reporting to help build an accurate image of the company...

  6. Asset Management for Water and Wastewater Utilities

    Science.gov (United States)

    Renewing and replacing the nation's public water infrastructure is an ongoing task. Asset management can help a utility maximize the value of its capital as well as its operations and maintenance dollars.

  7. Anania Shirakatsi's Cosmographical and Natural Philosophical Views

    Science.gov (United States)

    Danielyan, Eduard

    2014-10-01

    The observation of the heaven and celestial bodies has taken place since ancient times in the Armenian Highland. The notions of the sphericity of the Earth and celestial bodies, and other theses (about elements, comparative sizes of celestial bodies, antipodes, earthquakes, criticism of astrology, etc.) were reflected and elaborated in "Cosmography" of Anania Shirakatsi (VII century AD), as well as "Ashkharhatsoyts" ("Geography") of Movses Khorenatsi (V century AD) and his continuer Anania Shirakatsi. The road of observation and study of the Milky Way - the fundamental kernel of the development of astronomy - has led the human mind to galaxies, the cognition of the infinite capabilities of the development of matter, that is to say, from the studies of the elements constituting the Earth and other spherical bodies in the Universe (studied by Aristotle) to the Heliocentric system by Copernicus (1473-1543), from the cosmogonic ideas of Democritus (460-370 BC) about the multitude of worlds and the character of the Milky Way and their reflection in natural philosophic views of Anania Shirakatsi to the discovery of non-stationary objects and processes in the Universe owing to the activity of the nuclei of galaxies, according to the cosmogonic conception of academician Victor Ambartsumyan. Anania Shirakatsi's scientific heritage greatly contributed to the development of Armenian and world natural scientific thought.

  8. Human dignity: a philosophical and theological approach.

    Science.gov (United States)

    Tomasević, Luka

    2010-09-01

    We all use the term "human dignity" both often and gladly. This term exists also in legislation, such as declarations and constitutions of some countries, beginning from UNESCO, WHO, Council of Europe, and they all have the same inspiration to achieve the same goal: protection of human dignity. Human dignity seems as a principle connected with the protection of life itself, protection of health, and is also connected with research. But, today it is far more difficult to determine the meaning of this term and on what grounds it is based. Is human dignity something objective or is it grounded on cultural values that vary throughout history? Is the primary finding of human dignity in its self-determination against the power of the community, i.e. state? What do philosophy, and Christian theology have to say on dignity and what are the bioethical implications of our time? The author first introduces us to the development of the meaning of the term "human dignity", starting from the pre-Christian time, through the Christian perception of person and one's dignity, philosophical notion and grounds of human dignity, to then give the idea of dignity according to bioethical standards.

  9. Well-being, capabilities and philosophical practice

    Directory of Open Access Journals (Sweden)

    Bulatović Aleksandra

    2014-01-01

    Full Text Available The concept of well being has become the main criterion to assess quality of life in contemporary society. Individual well-being describes the individual quality of life, while social well-being refers to quality of life in a society. Given that well-being has a multitude of dimensions, a unique definition of it is elusive to scholars. In this article social well-being is conceptualised as a dynamic process within the context set by social integration as one’s relationship to society and the community. This includes the quality of interaction between the individual and society and one’s ‘social actualisation’ understood as the realisation of one’s social capacities. Social actualisation also involves one’s ability to influence social processes and to benefit from social cohesion, which consists, in any society, of the quality, organisation and functioning of the social world. Hence the ability to impact society is an integral part of individual well being. This paper suggests that philosophical practice as a new paradigm in the humanities holds out promise for the improvement of both individual and social well-being. [Projekat Ministarstva nauke Republike Srbije, br. 47011: Crime in Serbia: Phenomenology, Risks and Possibilities for Social Intervention

  10. PHILOSOPHICAL VIEWS OF ABURAYHAN BIRUNI ABOUT NATURE

    Directory of Open Access Journals (Sweden)

    Ismailiahangar MOHAMMADISMAIL

    2015-01-01

    Full Text Available The article analyzes the philosophical legacy of one of the greatest thinkers of the past Aburayhan Biruni. It is noted that Biruni was familiar with the teachings of think-ers from different epochs. Philosophy of Biruni is an ex-tract formed from elements not only of Islamic culture, but also of ancient Iranian, Greek, Indian, and other sources. In his researches on biology and natural history Biruni indicated topics from which we can comprehend such phenomena as the evolution and change. Biruni was the founder of the experimental science highlighting the scientific and methodological aspects of experiments as a basis for the development of theory. He believed that the theory without its pilot implementations is empty and baseless. Biruni considered experiments as an important factor in the development of both natural and social sci-ences, formulated the important components of the ex-periment.His innovations in the theory of evolution are of great scientific importance. The article also highlights the methodology of scientific cognition developed by Biruni, his use of experimental methods and observations as methods of scientific research, since experiments are an important factor in the development of not only natural but also social sciences.Biruni made a dispute between the (intellectual philoso-phy of science and philosophy of oriental peripatetics - Muslim followers of Aristotle's formal philosophy, i.e. a dispute between the Iranian natural philosophy and the philosophy of Greece.

  11. Philosophical Pragmatism in the Digital Era

    Directory of Open Access Journals (Sweden)

    Marius Constantin CUCU

    2014-03-01

    Full Text Available The view of the philosophic pragmatism warns against the growing danger of the technological modernization of the human being in the mechanization era, which is gradually transforming and approaching a digital era. Authors such as R. Rorty believe that only the return to the paradigm of the human reality separated from metaphysical ideals could keep us away from exacerbations of ideas and the dehumanizing automatisms of technology. In the view of pragmatic philosophy, the human being is not a mechanic, operational construction; on the contrary, he has a consciousness that opts for free actions, which may prove, in the end, to be genuine or not, thanks to the success or due to the failure in the concrete reality. The aim of this article is to underline that the digital era must be perceived as a product of human ingenuity and its applicative potentialities and should not be seen as the domination of techne, but only as a stage of the developments in the technologies that must assist our life. Classification-JEL: A23

  12. The 1998 annual: Focusing on asset quality

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1998-12-31

    Operational and financial activities of Newport Petroleum Corporation during fiscal year 1998 are reviewed. Despite the low oil prices, and the consequent reduction in industry activity and financial results, the Company continued to focus on high quality assets. The Company improved its proved and probable reserves by 21.3 million barrels of oil equivalent, increasing its reserve life index to over 10 years. Reserve addition costs in 1998 were a competitive $ 7.08 per barrel of oil equivalent. The Company produced more than 20,000 barrels of oil equivalent per day, generating revenue of $ 141 million. The Company acquired an interest in the Caroline Gas Unit for $ 165 million late in 1998 and experienced success with the drilling of two wells. At year end, reserves of approx. 575 bcf of raw gas in place were attributed to this area. New light oil discoveries were made in the Rigel area of northern British Columbia and the Shiningbank area of west-central Alberta. Both properties have significant development potential. While share price performance was essentially flat for the year, the target remains to add value on a per share basis over the long term. The outlook for natural gas appears to be positive, with markets expected to be robust with prices tracking supply/demand fundamentals. The completion of additional pipeline capacity from Alberta into U.S. markets has resulted in a lowering of the differential to U.S. prices, and as a result, it appears that pricing in western Canada will improve in the next several years. Although the outlook for oil prices remains uncertain, with recent OPEC commitments to curtail volumes, there is reason for cautious optimism. Overall, the Company is confident that it has the financial strength to not only weather an extended period of oil price weakness, but to continue to expand its activity levels and prosper.

  13. Financial Contagion and Asset Liquidation Strategies

    OpenAIRE

    Zachary Feinstein

    2015-01-01

    This paper provides a framework for modeling the financial system with multiple illiquid assets during a crisis. This extends the network model of Cifuentes, Shin & Ferrucci (2005) that incorporates a single asset with fire sales. We prove sufficient conditions for the existence and uniqueness of equilibrium clearing payments and liquidation prices. We prove sufficient conditions for the existence of an equilibrium liquidation strategy with corresponding clearing payments and liquidation pric...

  14. Downside Risk And Empirical Asset Pricing

    OpenAIRE

    Vliet, Pim

    2004-01-01

    textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40th birthday. Although widely applied in financial management, this model does not fully capture the empirical riskreturn relation of stocks; witness the beta, size, value and momentum effects. These problems may be caused by the use of variance as the relevant risk measure. This study analyzes if asset pricing models that use alternative risk measures better describe the empirical riskreturn tra...

  15. National Asset Management Agency Management of Loans

    OpenAIRE

    Buckley, John

    2012-01-01

    Report of the Comptroller and Auditor General National Asset Management Agency – Management of Loans I have, in accordance with the provisions of Section 9 of the Comptroller and Auditor General (Amendment) Act, 1993, carried out an examination of the arrangements for the management of loans by the National Asset Management Agency. I hereby submit my report on the above examination for presentation to Dáil Éireann pursuant to Section 11 of the said Act. John Buckley Comptroller...

  16. 浅析医院固定资产管理%Analysis on hospital management of fixed assets

    Institute of Scientific and Technical Information of China (English)

    彭雪涛

    2013-01-01

    目的:浅析医疗机构在固定资产管理过程中出现的问题及固定资产时间性价值管理。借助货币时间性价值增强医疗机构固定资产管理理念。方法:通过分析医疗机构中固定资产易出现的问题完善其固定资产管理;凭借货币性时间价值理念管理好固定资产,同时为固定资产的效益分析奠定基础。结果:在医疗机构固定资产管理中,完善管理,利用货币性时间价值来考核固定资产成本效益。结论:通过货币性时间价值衡量固定资产的管理,使医疗机构的固定资产管理达到一个新高度。%Objective:To analyze the process of fixed assets management problems and the value of timeliness of fixed assets management. With the monetary value of timeliness, fixed assets management ideas to enhance the medical industry. Methods:through the analysis of fixed assets in medical industry is easy to appear the problem to improve the health care industry management of fixed assets, with the currency time value concept to manage the fixed assets, as well as lay the foundation of benefit analysis of fixed assets. Results: in the health care industry fixed assets management, perfect the management, use cost benefit assessment of monetary time value to fixed assets. Conclusion:through the monetary time value to measure the management of fixed assets, fixed assets management of the medical industry reached a new height.

  17. Space assets for demining assistance

    Science.gov (United States)

    Kruijff, Michiel; Eriksson, Daniel; Bouvet, Thomas; Griffiths, Alexander; Craig, Matthew; Sahli, Hichem; González-Rosón, Fernando Valcarce; Willekens, Philippe; Ginati, Amnon

    2013-02-01

    Populations emerging from armed conflicts often remain threatened by landmines and explosive remnants of war. The international mine action community is concerned with the relief of this threat. The Space Assets for Demining Assistance (SADA) undertaking is a set of activities that aim at developing new services to improve the socio-economic impact of mine action activities, primarily focused on the release of land thought to be contaminated, a process described as land release. SADA was originally initiated by the International Astronautical Federation (IAF). It has been implemented under the Integrated Applications Promotion (IAP) program of the European Space Agency (ESA). Land release in mine action is the process whereby the demining community identifies, surveys and prioritizes suspected hazardous areas for more detailed investigation, which eventually results in the clearance of landmines and other explosives, thereby releasing land to the local population. SADA has a broad scope, covering activities, such as planning (risk and impact analysis, prioritization, and resource management), field operations and reporting. SADA services are developed in two phases: feasibility studies followed by demonstration projects. Three parallel feasibility studies have been performed. They aimed at defining an integrated set of space enabled services to support the land release process in mine action, and at analyzing their added value, viability and sustainability. The needs of the mine action sector have been assessed and the potential contribution of space assets has been identified. Support services have been formulated. To test their fieldability, proofs of concept involving mine action end users in various operational field settings have been performed by each of the study teams. The economic viability has also been assessed. Whenever relevant and cost-effective, SADA aims at integrating Earth observation data, GNSS navigation and SatCom technologies with existing

  18. 76 FR 21084 - Self-Regulatory Organizations; Financial Industry Regulatory Authority, Inc.; Notice of...

    Science.gov (United States)

    2011-04-14

    ... Asset-Backed Securities April 8, 2011. I. Introduction On March 3, 2011, the Financial Industry... for the reporting of Asset-Backed Securities transactions to TRACE.\\3\\ The proposed rule change was... Rule 6700 Series to define Asset- Backed Securities as TRACE-Eligible Securities and to require members...

  19. Co to znaczy filozofować? (What does Philosophizing Mean?

    Directory of Open Access Journals (Sweden)

    Aldona Pobojewska

    2011-09-01

    Full Text Available A philosophy teacher should constantly raise the question about the form of philosophical education. Following this need I undertook the problem “what is the philosophizing” once again. The results of this reflection are the following paper presented. It has two main parts. In the first – I present the philosophizing as rational reasoning which has to do with science and with common sense thinking even. In thesecond part – I point out a set of properties specific to philosophizing.

  20. Specifics of methodology historical and philosophical researh of hesychasm

    Directory of Open Access Journals (Sweden)

    A. B. Klimenko

    2014-03-01

    Full Text Available The article is devoted to the research methodology of  Hesychasm ­ one of the most important schools of the Byzantine philosophy, which played a significant role in the development of modern civilization. However, to date it remains a kind of «terra incognita» for the world historical and philosophical thought. Hesychasm is a kind of Christian mystical worldview that is embodied in a certain spiritual practices that form the basis of Orthodox asceticism. Even half a century ago, history of philosophy left without attention of philosophical and theological teachings of the authors of the late antiquity and the early middle ages, be they Christian thinkers or the neo­Platonists. The era of post­Plotins philosophers Neoplatonists or commentators on Aristotle considered as a period of decline of this philosophy and the time of the rise of irrationality. For the same reason it was considered that the system of Christian thinkers cannot and should not be subject to the historical and philosophical science. This fully relates Hesychasm. However, on the basis of works of the French philosopher P. Ado, the paper argues that philosophy in late antiquity when there is Hesychasm is first of all a way of life, and therefore Hesychasm can be considered as a specific philosophical school of Christian asceticism. The main modern method of historical and philosophical studies is the hermeneutical reconstruction of cultural meaning of the philosophical texts, however, Hesychasm cannot be reduced to the «amount of texts» or rational philosophical discourses. When learning is impossible not to take into account the existing experience, what is behind the lyrics: the experience of the inner purification, «the noetic prayer, which often has verbal reflection. Therefore, along with the use of hermeneutic and semiotic principles of research work with the texts, there is a problem of the analysis of the experience of spiritual practices. This requires the use

  1. Information Mirages and Financial Contagion in Asset Market Experiment

    NARCIS (Netherlands)

    Noussair, C.N.; Xu, Yilong

    2014-01-01

    We study financial contagion in an experimental market. There are two assets and an exogenous shock reduces the value of one of the two assets. Whether and how the other asset is affected depends on the correlation between the underlying values of the two assets. In some trials, the correlational

  2. 12 CFR 615.5209 - Deferred-tax assets.

    Science.gov (United States)

    2010-01-01

    ... POLICIES AND OPERATIONS, AND FUNDING OPERATIONS Capital Adequacy § 615.5209 Deferred-tax assets. For purposes of calculating capital ratios under this part, deferred-tax assets are subject to the conditions... deferred-tax assets, net of any valuation allowance, from its assets and its total capital that is equal...

  3. C. F. v. Weizsaecker. Physicist, philosopher, visionary; C. F. v. Weizsaecker. Physiker, Philosoph, Visionaer

    Energy Technology Data Exchange (ETDEWEB)

    Goernitz, Thomas

    2012-11-01

    The 20th century with its political, social, and scientific aspects bundles itself in the life of Carl Friedrich v. Weizsaecker. As comprehensive thinker of the presence he led natural science, philosophy, and spirituality to a unity. In the public the grandson of last in Germany enobled minster and brother of the senior federal president achieved by his engagement for peace and disarmament a global effect. Competently and understandably his visionary and prospective physical ideas and his philosophical considerations are explained by his long standing coworker and close confident.

  4. Philosophic-educational intelligence analysis as a subject of marketing Management

    Directory of Open Access Journals (Sweden)

    N. V. Litvinenko

    2014-12-01

    Full Text Available The highest value for the philosophical problems of education should consider introducing within the philosophical foundations of marketing management methodology for systematic consideration of education as a social subject­object process, which is based on needs. Philosophy of Education in the face of marketing philosophy and management philosophy got a good theoretical and methodological framework for the synthesis of market interpretations educational development and the development of fundamental issues about the role of education in post­industrial society as a generator of social development. The main aspect of marketing regulation of educational realm of the public institutions today is to improve the quality of education as a basis for the growth of human potential. In determining the directions of philosophical and educational analysis of marketing management in education must be taken into account and general methodological integrative relations philosophy, philosophy of education, philosophy, management and marketing philosophy and substantive features of marketing management, by socio­cultural specificity of the educational sphere. Paradigmatic status of philosophy of education in relation to marketing management in education programming it appears in forms of social activities are implemented through educational transformation in determining the paradigmatic foundations of strategic management of education, and many other determining influence.

  5. China’s Keeps High Investment in Lead and Zinc Industry

    Institute of Scientific and Technical Information of China (English)

    2006-01-01

    <正>Statistics from China Nonferrous Metals Industry Association (CNIA) shows that in the year 2005, China’s fixed assets investment in the lead and zinc industry reached RMB 10.27 billion yuan, accounting for 11.9 per cent of the total fixed assets investment in the nonferrous metals industry. Among the total investment,

  6. Illuminating Asset Value through New Seismic Technology

    Science.gov (United States)

    Brandsberg-Dahl, S.

    2007-05-01

    The ability to reduce risk and uncertainty across the full life cycle of an asset is directly correlated to creating an accurate subsurface image that enhances our understanding of the geology. This presentation focuses on this objective in areas of complex overburden in deepwater. Marine 3D seismic surveys have been acquired in essentially the same way for the past decade. This configuration of towed streamer acquisition, where the boat acquires data in one azimuth has been very effective in imaging areas in fairly benign geologic settings. As the industry has moved into more complicated geologic settings these surveys no longer meet the imaging objectives for risk reduction in exploration through production. In shallow water, we have seen increasing use of ocean bottom cables to meet this challenge. For deepwater, new breakthroughs in technology were required. This will be highlighted through examples of imaging below large salt bodies in the deep water Gulf of Mexico. GoM - Mad Dog: The Mad Dog field is located approximately 140 miles south of the Louisiana coastline in the southern Green Canyon area in water depths between 4100 feet to 6000 feet. The complex salt canopy overlying a large portion of the field results in generally poor seismic data quality. Advanced processing techniques improved the image, but gaps still remained even after several years of effort. We concluded that wide azimuth acquisition was required to illuminate the field in a new way. Results from the Wide Azimuth Towed Streamer (WATS) survey deployed at Mad Dog demonstrated the anticipated improvement in the subsalt image. GoM - Atlantis Field: An alternative approach to wide azimuth acquisition, ocean bottom seismic (OBS) node technology, was developed and tested. In 2001 deepwater practical experience was limited to a few nodes owned by academic institutions and there were no commercial solutions either available or in development. BP embarked on a program of sea trials designed to both

  7. System and Method for Monitoring Distributed Asset Data

    Science.gov (United States)

    Gorinevsky, Dimitry (Inventor)

    2015-01-01

    A computer-based monitoring system and monitoring method implemented in computer software for detecting, estimating, and reporting the condition states, their changes, and anomalies for many assets. The assets are of same type, are operated over a period of time, and outfitted with data collection systems. The proposed monitoring method accounts for variability of working conditions for each asset by using regression model that characterizes asset performance. The assets are of the same type but not identical. The proposed monitoring method accounts for asset-to-asset variability; it also accounts for drifts and trends in the asset condition and data. The proposed monitoring system can perform distributed processing of massive amounts of historical data without discarding any useful information where moving all the asset data into one central computing system might be infeasible. The overall processing is includes distributed preprocessing data records from each asset to produce compressed data.

  8. Three Religious Philosophic Models of Creativity

    Directory of Open Access Journals (Sweden)

    D. V. Pivovarov

    2015-02-01

    Full Text Available  The research paper deals with the concept of creativity and is aimed at demonstrating the paradoxical nature of the creative action. Generally, in modern world, creativity is defined as the «newness creating». However, this is not the only viewpoint, as in different cultures there traditionally compete three generalized definitions of creativity: 1 newness is a recurrence of the old; 2 newness is a unique synthesis of old forms; 3 newness arises from nothing. It has been demonstrated that the above formulas of creativity originate from the three equally strong religious traditions – pantheism, panentheism and monotheism. According to the author, the pantheistic scheme, being applied to human creativity, explains the specificity of scientific theoretical activity. In scientific sphere, as it is well-known, the highest creative achievement is related to discovery (not invention of fundamental laws of nature dissimilated in a variety of natural phenomena, and predeter- mining them. From the panentheistic model, on the other hand, the secular philosophy deduces the special theory of human creativity, viewed as a free construction and invention, rather then simple discovery of something that already exists. Evidently, the given model appeals to the engineering sphere providing the basis for a number of theories related to inventions and rationalizations. Therefore, the mechanism of inventions is quite simple, and the mass creativity training is possible. Whereas, according to monotheism, creativity is necessarily related to mystery, and therefore, this sort of training is impossible, and the pedagogic technology of creativity is regarded as non- sense. However, such opposing views are quite lawful being proved by the numerous facts of innovations in human history. Using the method of philosophic dialectics, the author achieves a paradoxical synthesis of the above mentioned alternative positions. In author’s opinion, the paradox of creativity

  9. The Role of Agribusiness Assets in Investment Portfolios

    OpenAIRE

    Johnson, Michael; Malcolm, Bill; O'Connor, Ian

    2006-01-01

    Investment in agribusiness assets has grown significantly in recent years. The question of interest is whether including agribusiness assets in investment portfolios provide benefits. The effects of diversification by including agribusiness assets in two investment portfolios, a mixed asset portfolio and a diversified share portfolio was investigated using Markowitz’s (1952) Modern Portfolio Theory (MPT) of mean-variance optimization. To measure the performance of agribusiness assets, an in...

  10. The Role of Agribusiness Assets in Investment Portfolios

    OpenAIRE

    Johnson, Michael; Malcolm, Bill; O'Connor, Ian

    2006-01-01

    Investment in agribusiness assets has grown significantly in recent years. The question of interest is whether including agribusiness assets in investment portfolios provide benefits. The effects of diversification by including agribusiness assets in two investment portfolios, a mixed asset portfolio and a diversified share portfolio was investigated using Markowitz’s (1952) Modern Portfolio Theory (MPT) of mean-variance optimization. To measure the performance of agribusiness assets, an in...

  11. Poincaré, philosopher of science problems and perspectives

    CERN Document Server

    DiSalle, Robert

    2014-01-01

    This volume presents a selection of papers from the Poincaré Project of the Center for the Philosophy of Science, University of Lisbon, bringing together an international group of scholars with new assessments of Henri Poincaré's philosophy of science—both its historical impact on the foundations of science and mathematics, and its relevance to contemporary philosophical inquiry. The work of Poincaré (1854-1912) extends over many fields within mathematics and mathematical physics. But his scientific work was inseparable from his groundbreaking philosophical reflections, and the scientific ferment in which he participated was inseparable from the philosophical controversies in which he played a pre-eminent part. The subsequent history of the mathematical sciences was profoundly influenced by Poincaré’s philosophical analyses of the relations between and among mathematics, logic, and physics, and, more generally, the relations between formal structures and the world of experience. The papers in this col...

  12. Prudence and morality: Socrates versus moral philosophers1

    National Research Council Canada - National Science Library

    Scott Berman

    2014-01-01

      Socrates thinks that morality is identical to prudence. Many contemporary moral philosophers would give roughly three reasons for postulating the existence of a morality that is distinct from prudence...

  13. Possible objections to a philosophical approach to ancient Israelite ...

    African Journals Online (AJOL)

    2011-06-24

    Jun 24, 2011 ... HTS Teologiese Studies/. Theological ... such anti-philosophical sentiments in the history of interpretation has led to a state of affairs ... the insights from the philosophy of science, philosophy of literature, social philosophy and.

  14. The Ames Philosophical Belief Inventory: Reliability and Validity

    Science.gov (United States)

    Sawyer, R. N.

    1971-01-01

    This study investigated the reliability and validity of the Philosophical Belief Inventory (PBI). With the exception of the relationship between idealism and pragmatism and realism and existentialism, the PBI scales appear to be assessing independent facets of belief. (Author)

  15. Humanistic Psychology: Theoretical-Philosophical Overview and Principles.

    Science.gov (United States)

    Hamachek, Don E.

    1982-01-01

    Provides a theoretical and philosophical overview of humanistic psychology which emphasizes self-concept, self-fulfillment, and self-realization. Discusses the contributions of phenomenology, existential psychology, and the strengths of humanistic psychology. (JAC)

  16. Expertise, wisdom and moral philosophers: a response to Gesang.

    Science.gov (United States)

    Cowley, Christopher

    2012-07-01

    In a recent issue of Bioethics, Bernard Gesang asks whether a moral philosopher possesses greater moral expertise than a non-philosopher, and his answer is a qualified yes, based not so much on his infallible access to the truth, but on the quality of his theoretically-informed moral justifications. I reject Gesang's claim that there is such a thing as moral expertise, although the moral philosopher may well make a valid contribution to the ethics committee as a concerned and educated citizen. I suggest that wisdom is a lot more interesting to examine than moral expertise. Again, however, moral philosophers have no monopoly on wisdom, and the study of philosophy may even impede its cultivation.

  17. Philosophical Humanism as the ideological basis of humanistic educational process

    Directory of Open Access Journals (Sweden)

    Nadejda Novichkova

    2014-06-01

    Full Text Available The article discusses the ideas of humanism as the philosophical basis of humanistic educational process. The essence of the spiritual philosophy of humanism, which directly determines the essential features of humanistic pedagogy and humanistic educational process.

  18. Philosophical Implications of Kadanoff's Work on the Renormalization Group

    Science.gov (United States)

    Batterman, Robert W.

    2017-05-01

    This paper investigates the consequences for our understanding of physical theories as a result of the development of the renormalization group. Kadanoff's assessment of these consequences is discussed. What he called the "extended singularity theorem" (that phase transitons only can occur in infinite systems) poses serious difficulties for philosophical interpretation of theories. Several responses are discussed. The resolution demands a philosophical rethinking of the role of mathematics in physical theorizing.

  19. Roy's specific life values and the philosophical assumption of humanism.

    Science.gov (United States)

    Hanna, Debra R

    2013-01-01

    Roy's philosophical assumption of humanism, which is shaped by the veritivity assumption, is considered in terms of her specific life values and in contrast to the contemporary view of humanism. Like veritivity, Roy's philosophical assumption of humanism unites a theocentric focus with anthropological values. Roy's perspective enriches the mainly secular, anthropocentric assumption. In this manuscript, the basis for Roy's perspective of humanism will be discussed so that readers will be able to use the Roy adaptation model in an authentic manner.

  20. UniNet Description of Dining Philosopher Problem

    Institute of Scientific and Technical Information of China (English)

    DU Zhuomin; HE Yanxiang; ZHOU Guofu

    2007-01-01

    The UniNet specification of Dining Philosopher Problem we presents not only is graphic and intuitionistic but also explicitly indicates the static semantics and the dynamic semantics.In the specification, the static properties are the recorder of the dynamic properties, and the dynamic properties are the track of the static properties change. Accordingly, Dining Philosopher Problem is formally verified by UniNet. Furthermore, the procedure of properties' verification is implemented through the graphic-related computing style.

  1. Agility in asset management, or: how to be flexible with assets designed for stability

    NARCIS (Netherlands)

    Ruitenburg, R.J.; Braaksma, A.J.J.; Dongen, van L.A.M.

    2016-01-01

    Agility is increasingly important in manufacturing. However, thus far little attention has been paid to the agility of the physical assets used in production, which are typically designed for decades of operation in a stable context. This paper investigates the topic of agile Asset Management using

  2. The pricing of illiquidity and illiquid assets : Essays on empirical asset pricing

    NARCIS (Netherlands)

    Tuijp, Patrick

    2016-01-01

    This dissertation studies the pricing of liquidity and illiquid assets. For this thesis, liquidity will generally refer to the ease with which an asset can be traded. The first chapter investigates the role of the investment horizon in the impact of illiquidity on stock prices. We obtain a clientele

  3. Macroeconomic Dynamics of Assets, Leverage and Trust

    Science.gov (United States)

    Rozendaal, Jeroen C.; Malevergne, Yannick; Sornette, Didier

    A macroeconomic model based on the economic variables (i) assets, (ii) leverage (defined as debt over asset) and (iii) trust (defined as the maximum sustainable leverage) is proposed to investigate the role of credit in the dynamics of economic growth, and how credit may be associated with both economic performance and confidence. Our first notable finding is the mechanism of reward/penalty associated with patience, as quantified by the return on assets. In regular economies where the EBITA/Assets ratio is larger than the cost of debt, starting with a trust higher than leverage results in the highest long-term return on assets (which can be seen as a proxy for economic growth). Therefore, patient economies that first build trust and then increase leverage are positively rewarded. Our second main finding concerns a recommendation for the reaction of a central bank to an external shock that affects negatively the economic growth. We find that late policy intervention in the model economy results in the highest long-term return on assets. However, this comes at the cost of suffering longer from the crisis until the intervention occurs. The phenomenon that late intervention is most effective to attain a high long-term return on assets can be ascribed to the fact that postponing intervention allows trust to increase first, and it is most effective to intervene when trust is high. These results are derived from two fundamental assumptions underlying our model: (a) trust tends to increase when it is above leverage; (b) economic agents learn optimally to adjust debt for a given level of trust and amount of assets. Using a Markov Switching Model for the EBITA/Assets ratio, we have successfully calibrated our model to the empirical data of the return on equity of the EURO STOXX 50 for the time period 2000-2013. We find that dynamics of leverage and trust can be highly nonmonotonous with curved trajectories, as a result of the nonlinear coupling between the variables. This

  4. The weight dilemma: a range of philosophical perspectives.

    Science.gov (United States)

    Neumark-Sztainer, D

    1999-03-01

    The aim of this paper is to present a wide range of professional and lay viewpoints on obesity. Different perspectives surrounding how obesity is viewed, primary etiological factors contributing to obesity and intervention aims are brought together for review and discussion. Factors which may contribute to different perspectives include: familiarity with the scientific data showing the health risks associated with obesity, personal experience with weight and weight control, experiences encountered in working with clients in weight management, and professional training. In addition to describing and comparing the different approaches, possibilities for reconciling their differences and drawing from each of their strengths, are explored. The predominant viewpoint among health professionals regarding the etiology of obesity is that multiple factors contribute to its onset and progression. However, viewpoints tend to differ with regard to the main contributing factors and range from those in which the major focus is on genetic factors, to those which focus more on familial and/or individual choices regarding behavioural implementation. Although the predominant viewpoint on obesity in western societies is not a positive one, there is a growing size acceptance movement which has had a significant impact on both the fashion industry and on the health field. Aims of treatment may vary in accordance with beliefs about key etiological factors leading to obesity (for example, primarily genetic vs primarily behavioural) and with opinions regarding potential consequences and benefits of obesity. Aims of treatment may include weight loss, healthy eating and exercise, weight maintenance, improved self-esteem, fat accepTance and/or advocacy for decreased weight discrimination. An increased awareness, understanding and openness towards different philosophical perspectives surrounding weight issues may be the first step towards working with colleagues and clients whose viewpoints on

  5. Defining Ecosystem Assets for Natural Capital Accounting.

    Science.gov (United States)

    Hein, Lars; Bagstad, Ken; Edens, Bram; Obst, Carl; de Jong, Rixt; Lesschen, Jan Peter

    2016-01-01

    In natural capital accounting, ecosystems are assets that provide ecosystem services to people. Assets can be measured using both physical and monetary units. In the international System of Environmental-Economic Accounting, ecosystem assets are generally valued on the basis of the net present value of the expected flow of ecosystem services. In this paper we argue that several additional conceptualisations of ecosystem assets are needed to understand ecosystems as assets, in support of ecosystem assessments, ecosystem accounting and ecosystem management. In particular, we define ecosystems' capacity and capability to supply ecosystem services, as well as the potential supply of ecosystem services. Capacity relates to sustainable use levels of multiple ecosystem services, capability involves prioritising the use of one ecosystem service over a basket of services, and potential supply considers the ability of ecosystems to generate services regardless of demand for these services. We ground our definitions in the ecosystem services and accounting literature, and illustrate and compare the concepts of flow, capacity, capability, and potential supply with a range of conceptual and real-world examples drawn from case studies in Europe and North America. Our paper contributes to the development of measurement frameworks for natural capital to support environmental accounting and other assessment frameworks.

  6. The philosophical terrain of behavior analysis: a review of B. A. Thyer (Ed.), The Philosophical Legacy of Behaviorism.

    Science.gov (United States)

    Lamal, P A

    2000-09-01

    The Philosophical Legacy of Behaviorism, edited by Bruce A. Thyer, is a set of original contributions, each dealing, from a behavioral stance, with one of the following major topics of philosophy: epistemology, ethics, consciousness, language, free will and determinism, and self-control. Confusions about radical behaviorism and its similarities to, and differences from, other behavioral and non-behavioral approaches are described in the book, which provides a state-of-the-art description of the philosophical underpinnings of behavior analysis.

  7. Energy assets privatization: Transfer PMAs (Federal Power Marketing Authorities) to the private sector

    Energy Technology Data Exchange (ETDEWEB)

    NONE

    1995-08-01

    A new group--the Alliance for Power Privatization (APP)--has been formed to support and promote privatization of the federal power marketing authorities and associated generation assets (PMAs). The group embraces privatization of the PMAs through asset divestiture--the sale of the federal power marketing assets. The Alliance believes that the assets should be sold to the highest bidder and not just to a select group of preferred purchasers. The assets associated with the PMAs include the rights to market power produced at the federal facilities and the generation equipment associated with energy production at those facilities. The paper discusses the background of the five current PMAs, procedures recommended for privatization of the PMAs, international privatization of electric companies and lists comments from others on PMAs. People in both public service and private industry today believe that the federal government, especially in this era of massive deficits, should concentrate on providing truly essential government programs and eliminate those which only benefit a small segment of the population. PMAs benefit a minority of US citizens (6% of the Nation`s electricity is from the PMAs) while the vast majority of US taxpayers continue to pump hundreds of millions of dollars into them each year. A sale of PMAs would yield anywhere from $3.4 billion to nearly $10 billion in proceeds for the federal government. Those proceeds could be used to reduce the deficit and ease the pressure to cut or eliminate other, more essential programs.

  8. Managing Guest as an Asset: a Conceptual Review in the Context of Accommodation Services

    Directory of Open Access Journals (Sweden)

    Dwi Suhartanto

    2015-10-01

    Full Text Available This article discusses the concept of a customer as an asset of business in the accommodation industry. The purpose of this article is to examine the value of guests as a firm asset and to propose a model for managing guests as an asset in the context of accommodation services. A guest is considered an asset due to its role in providing revenue to the accommodation firm. Because of this role, the accommodation guest needs to be managed appropriately. This article argues that guest service evaluation (i.e. service quality, perceived value, and guest satisfaction and service loyalty are important factors in the development of guest lifetime value. The proposed model of managing guests as an asset consists of marketing instruments, service evaluation, guest loyalty, and financial outcomes provides a comprehensive guide on how accommodation firms can manage the lifetime value of their guests. Finally, as there are limited studies examining this issue, future research should test the proposed model.

  9. Modelling the Costs of Preserving Digital Assets

    DEFF Research Database (Denmark)

    Kejser, Ulla Bøgvad; Nielsen, Anders Bo; Thirifays, Alex

    2012-01-01

    on experiences from a Danish project to develop a cost model. It was found that a generic cost model should account for the nature of the organisation and the assets to be preserved, and for all major preservation activities and cost drivers. In addition, it should describe accounting principles. It was proposed......Information is increasingly being produced in digital form, and some of it must be preserved for the longterm. Digital preservation includes a series of actively managed activities that require on-going funding. To obtain sufficient resources, there is a need for assessing the costs...... and the benefits accrued by preserving the assets. Cost data is also needed for optimizing activities and comparing the costs of different preservation alternatives. The purpose of this study is to analyse generic requirements for modelling the cost of preserving digital assets. The analysis was based...

  10. Entropy-based financial asset pricing.

    Directory of Open Access Journals (Sweden)

    Mihály Ormos

    Full Text Available We investigate entropy as a financial risk measure. Entropy explains the equity premium of securities and portfolios in a simpler way and, at the same time, with higher explanatory power than the beta parameter of the capital asset pricing model. For asset pricing we define the continuous entropy as an alternative measure of risk. Our results show that entropy decreases in the function of the number of securities involved in a portfolio in a similar way to the standard deviation, and that efficient portfolios are situated on a hyperbola in the expected return-entropy system. For empirical investigation we use daily returns of 150 randomly selected securities for a period of 27 years. Our regression results show that entropy has a higher explanatory power for the expected return than the capital asset pricing model beta. Furthermore we show the time varying behavior of the beta along with entropy.

  11. Regret Theory and Equilibrium Asset Prices

    Directory of Open Access Journals (Sweden)

    Jiliang Sheng

    2014-01-01

    Full Text Available Regret theory is a behavioral approach to decision making under uncertainty. In this paper we assume that there are two representative investors in a frictionless market, a representative active investor who selects his optimal portfolio based on regret theory and a representative passive investor who invests only in the benchmark portfolio. In a partial equilibrium setting, the objective of the representative active investor is modeled as minimization of the regret about final wealth relative to the benchmark portfolio. In equilibrium this optimal strategy gives rise to a behavioral asset priciting model. We show that the market beta and the benchmark beta that is related to the investor’s regret are the determinants of equilibrium asset prices. We also extend our model to a market with multibenchmark portfolios. Empirical tests using stock price data from Shanghai Stock Exchange show strong support to the asset pricing model based on regret theory.

  12. Modelling the Costs of Preserving Digital Assets

    DEFF Research Database (Denmark)

    Kejser, Ulla Bøgvad; Nielsen, Anders Bo; Thirifays, Alex

    2012-01-01

    and the benefits accrued by preserving the assets. Cost data is also needed for optimizing activities and comparing the costs of different preservation alternatives. The purpose of this study is to analyse generic requirements for modelling the cost of preserving digital assets. The analysis was based......Information is increasingly being produced in digital form, and some of it must be preserved for the longterm. Digital preservation includes a series of actively managed activities that require on-going funding. To obtain sufficient resources, there is a need for assessing the costs...... on experiences from a Danish project to develop a cost model. It was found that a generic cost model should account for the nature of the organisation and the assets to be preserved, and for all major preservation activities and cost drivers. In addition, it should describe accounting principles. It was proposed...

  13. Entropy-based financial asset pricing.

    Science.gov (United States)

    Ormos, Mihály; Zibriczky, Dávid

    2014-01-01

    We investigate entropy as a financial risk measure. Entropy explains the equity premium of securities and portfolios in a simpler way and, at the same time, with higher explanatory power than the beta parameter of the capital asset pricing model. For asset pricing we define the continuous entropy as an alternative measure of risk. Our results show that entropy decreases in the function of the number of securities involved in a portfolio in a similar way to the standard deviation, and that efficient portfolios are situated on a hyperbola in the expected return-entropy system. For empirical investigation we use daily returns of 150 randomly selected securities for a period of 27 years. Our regression results show that entropy has a higher explanatory power for the expected return than the capital asset pricing model beta. Furthermore we show the time varying behavior of the beta along with entropy.

  14. Asset Stripping in a Mature Market Economy

    DEFF Research Database (Denmark)

    Klarskov Jeppesen, Kim; Møller, Ulrik Gorm

    2011-01-01

    indicates that asset stripping may take place in mature market economies to the extent that perpetrators are able to circumvent the corporate governance system by giving lawyers, public accountants and banks incentives to act less critically towards dubious business transactions. Research limitations......Purpose – The purpose of this paper is to document a Danish fraud scheme, in which a large number of limited companies were stripped of their assets leaving them with nothing but tax debt, eventually causing the Danish Tax and Customs Administration to lose large sums. Furthermore, the purpose...... is to analyse why the asset-stripping schemes occurred in a mature market economy with a strong corporate governance system and a low level of corruption. Design/methodology/approach – The research is conducted as a longitudinal single case study based on documentary research. Findings – The Danish case...

  15. Radioactive waste today - an asset tomorrow

    Energy Technology Data Exchange (ETDEWEB)

    Holmstrand, M. [Norwegian Radiation Protection Authority (Norway)

    2014-07-01

    Mining of Rare Earth Elements (REE) causes radioactive pollution, as ores which contain REE also contain an elevated concentration of naturally occurring radioactive materials (NORM). Wastes from REE mining are therefore regarded as being inherently radioactive. One of the potential economically viable REE resources in Norway is in the Fensfield area in Telemark County, which is recognized as one of the world's largest thorium resources. If REE was mined in this area, a large volume of radioactive waste would be created. The authorities would then need to know how to regulate the waste so that the environmental impact would be as low as reasonably achievable when societal and economic factors having been accounted for (ALARA). Radioactive pollution from REE tailings could be a threat to the environment, biota and humans. However, naturally occurring thorium is practically not mobile nor bioavailable and has a relatively low specific activity and might therefore safely be deposited in a landfill. An environmental risk assessment should be used to evaluate if it is justifiable to deposit the radioactive tailings in a landfill or if alternative ways of handling, such as extraction of thorium in addition to extraction of REE from the ore, might be better. The risk assessment must start with a source term, the native carbonatite rocks, and an investigation on how the chemical properties of the rock changes when it's milled and treated with chemicals. Changes in the physical and chemical properties and changes in the environment where the processed rock are deposited might mobilize and/or make thorium bioavailable, thus increasing the environmental risk. Removal of thorium from the raw materials or tailings from the REE mining industry prior to deposition could be seen as one form of environmental protection with many benefits, for instance reducing the potential of external and internal radiation in biota and humans. We could also speculate about the

  16. Considerations in asset allocation: investing wisely.

    Science.gov (United States)

    Rinaldi, Ellen

    2006-12-01

    In this article, the author reviews the steps an investor should take to make sound asset allocation decisions and offers guidelines on assembling a portfolio that helps meet the investor's needs. The most important decision in structuring a broadly diversified investment portfolio is the allocation among and within the three major asset classes: stocks, bonds and short-term reserves. In selecting the appropriate mix, the investor should weigh four interrelated factors-investment objective, time horizon, risk tolerance and personal financial situation. A well-diversified investment portfolio and a disciplined savings program are important factors in reaching financial goals.

  17. Return on Assets Efficiency of Kenyan Banking Sector

    Directory of Open Access Journals (Sweden)

    Isaiah Onsarigo Miencha

    2016-08-01

    Full Text Available This paper empirically predicts the Return on Assets (ROA efficiency of sample banks by using the Data Envelopment Analysis. A sample of 18 banks was taken for the study. The sample banks were categorized into three main groups’ i.e. large size group, medium size group and small size group. The main objective of this study was to analyze the technical efficiency (in respect of return on asset of sample Kenyan banks, namely, Kenya Commercial Bank Ltd, Standard Chartered Bank Ltd, Barclays bank of Kenya Ltd, Co-operative Bank of Kenya Ltd, CFC Stanbic Bank Ltd, Equity Bank Ltd, Bank of India Ltd, Bank of Baroda Ltd, Commercial Bank of Africa Ltd, National Industrial Development Bank of Kenya Ltd, I & M Bank Ltd, Diamond Trust Bank (K Ltd, Habib Bank Ltd, Oriental Commercial Bank Ltd, Habib Bank A.G. Zurich,Development Bank of Kenya Ltd, Fidelity Commercial Bank Ltd and K-Rep Bank Ltd. The study recommends that the inefficient banks should especially improve their non-cash loans and should control their annual expenditures.

  18. Technology, recommendation and design: on being a 'paternalistic' philosopher.

    Science.gov (United States)

    Wong, Pak-Hang

    2013-03-01

    Philosophers have talked to each other about moral issues concerning technology, but few of them have talked about issues of technology and the good life, and even fewer have talked about technology and the good life with the public in the form of recommendation. In effect, recommendations for various technologies are often left to technologists and gurus. Given the potential benefits of informing the public on their impacts on the good life, however, this is a curious state of affairs. In the present paper, I will examine why philosophers are seemingly reluctant to offer recommendations to the public. While there are many reasons for philosophers to refrain from offering recommendations, I shall focus on a specific normative reason. More specifically, it appears that, according to a particular definition, offering recommendations can be viewed as paternalistic, and therefore is prima facie wrong to do so. I will provide an argument to show that the worry about paternalism is unfounded, because a form of paternalism engendered by technology is inevitable. Given the inevitability of paternalism, I note that philosophers should accept the duty to offer recommendations to the public. I will then briefly turn to design ethics, which has reconceptualised the role of philosophers and, in my mind, fitted well with the inevitability of paternalism. Finally, I shall argue that design ethics has to be supplemented by the practice of recommendation if it is to sustain its objective.

  19. The axiological ontology of occupational therapy: a philosophical analysis.

    Science.gov (United States)

    Drolet, Marie-Josée

    2014-01-01

    This article describes the results of a study analyzing several discourses on the values of occupational therapy and some philosophical assumptions upon which these values are based. A qualitative study of several values statements using the hermeneutical method--a conventional analytical approach in philosophy--was conducted. The literature review reveals that opinions on the values of occupational therapy differ greatly--no one value is shared among all the values statements examined. However, the majority of the texts mention occupational participation. A philosophical analysis of the literature shows that this value is based on a conception of human beings that can be traced back to the philosophical anthropologies of thinkers like Marx, Rousseau, Sartre, and Kant. The philosophical analysis also brought to light a certain conceptual confusion about what a value is. This article therefore offers some conceptual clarifications to help distinguish between values, beliefs, attitudes, principles, and non-evaluative concepts. It also presents the implications for practice of this philosophical analysis of values statements of the profession.

  20. The Centrality of Philosophical Anthropology to (a Future) Environmental Ethics.

    Science.gov (United States)

    Gare, Arran

    2016-01-01

    While environmental ethics has successfully established itself in philosophy, as presently conceived it is still largely irrelevant to grappling the global ecological crisis because, as Alasdair MacIntyre has argued, ethical philosophy itself is in grave disorder. MacIntyre's historically oriented recovery of virtue ethics is defended, but it is argued that even MacIntyre was too constrained by received assumptions to overcome this disorder. As he himself realized, his ideas need to be integrated and defended through philosophical anthropology. However, it is suggested that current defenders of philosophical anthropology have not done it justice. To appreciate its importance it is necessary accept that we are cultural beings in which the core of culture is the conception of what are humans. This is presupposed not only in thought but in social practices and forms of life. This was understood by Aristotle, but modernity has been straightjacketed by the Seventeenth Century scientific revolution and Hobbes' philosophical anthropology, identifying knowledge and with techno-science and eliminating any place for questioning this conception of humans. The only conception of humanity that could successfully challenge and replace Hobbes' philosophical anthropology, it is argued, is Hegel's philosophical anthropology reformulated and developed on naturalistic foundations. This involves subordinating science to a reconceived humanities with a fundamentally different role accorded to ethics, placing it at the center of social life, politics and economics and at the centre of the struggle to transform culture and society to create an ecologically sustainable civilization.

  1. THEORETICAL ASPECTS REGARDING THE VALUATION OF INTANGIBLE ASSETS

    Directory of Open Access Journals (Sweden)

    HOLT GHEORGHE

    2015-03-01

    Full Text Available Valuation of intangible assets represents one of the most delicate problems of assessing a company. Usually, valuation of intangible assets is in the process of evaluating enterprise as a whole. Therefore, Intangible Asset Valuers must have detailed knowledge on business valuation, in particular, the income-based valuation methods (capitalization / updating net cash flow. Valuation of Intangible Assets is the objective of the International Valuation Standards (GN 4 Valuation of Intangible Assets (revised 2010. Next to it was recently proposed GN 16 Valuation of Intangible Assets for IFRS reporting. International Accounting Standard (IAS 38 Intangible Assets prescribe the accounting treatment for intangible assets, analyze the criteria that an intangible asset must meet to be recognized, specific carrying amount of intangible assets and sets out requirements for disclosure of intangible assets. From an accounting perspective, relevant professional accounting standards and the following: IFRS 3 Business Combinations, IAS 36 Impairment of Assets and SFAS 157 fair value measurement, developed by the FASB. There is a more pronounced near the provisions of IAS 38 contained in GN 4. Therefore, a good professional intangible asset valuation must know thoroughly the conditions, principles, criteria and assessment methods recognized by those standards

  2. Sinopec Goes After Oil Assets Worldwide

    Institute of Scientific and Technical Information of China (English)

    2010-01-01

    @@ US$2.45b deal to gain reserves of 393m barrels of crude equivalent China's enterprises eye global expansion via mergers and acquisitions in 2010 as the country's economic power increases.China Petrochemical Corporation (Sinopec),Asia's largest oil refiner, plans to purchase the entire oil and gas assets in the Argentinean arm of US-based Occidental Petroleum Corp.

  3. Belief biases and volatility of assets

    Science.gov (United States)

    Lei-Sun, Wen-Zou, Hui

    2014-10-01

    Based on an overlapping generation model, this paper introduces the noise traders with belief biases and rational traders. With an equilibrium analysis, this paper examines the volatility of risky asset. The results show that the belief biases, the probability of economy state, and the domain capability are all the factors that have effects on the volatility of the market.

  4. Asset Reuse of Images from a Repository

    Science.gov (United States)

    Herman, Deirdre

    2014-01-01

    According to Markus's theory of reuse, when digital repositories are deployed to collect and distribute organizational assets, they supposedly help ensure accountability, extend information exchange, and improve productivity. Such repositories require a large investment due to the continuing costs of hardware, software, user licenses, training,…

  5. Measuring the strategic readiness of intangible assets.

    Science.gov (United States)

    Kaplan, Robert S; Norton, David P

    2004-02-01

    Measuring the value of intangible assets such as company culture, knowledge management systems, and employees' skills is the holy grail of accounting. Executives know that these intangibles, being hard to imitate, are powerful sources of sustainable competitive advantage. If managers could measure them, they could manage the company's competitive position more easily and accurately. In one sense, the challenge is impossible. Intangible assets are unlike financial and physical resources in that their value depends on how well they serve the organizations that own them. But while this prevents an independent valuation of intangible assets, it also points to an altogether different approach for assessing their worth. In this article, the creators of the Balanced Scorecard draw on its tools and framework--in particular, a tool called the strategy map--to present a step-by-step way to determine "strategic readiness," which refers to the alignment of an organization's human, information, and organization capital with its strategy. In the method the authors describe, the firm identifies the processes most critical to creating and delivering its value proposition and determines the human, information, and organization capital the processes require. Some managers shy away from measuring intangible assets because they seem so subjective. But by using the systematic approaches set out in this article, companies can now measure what they want, rather than wanting only what they can currently measure.

  6. Data issues for practical asset management

    Energy Technology Data Exchange (ETDEWEB)

    Bergman, W.; Meehan, J. [PowerNex Associates Inc., Toronto, ON (Canada)

    2007-07-01

    This paper presented opportunities for improvement of an electric utility's asset management processes, with particular reference to transmission utilities. The objective was to offer support for future maintenance and reinvestment decisions for assets such as disconnect switches and protection systems. Several recommendations were presented to help utilities quantify the state of assets and the risk to transmission system performance. Issues dealing with data gathering and condition assessment were considered. The basic approach to asset management decisions for disconnect switches and protection systems included a best practice survey; an infrared survey; a review of criticality criteria; maintenance practices; and, the possibility of refurbishment. It was noted that although there is minimal information on the performance or condition of switches, much is known about switch deficiencies. Therefore, data can be gathered to identify poor designs and substantiate changes to switch specifications and maintenance practices. Performance is the key driver for protection equipment. As such, a complete analysis of each protection operation is needed in order to understand the actual protection reliability and success. 1 tab., 1 fig.

  7. Determining Asset Criticality for Cyber Defense

    Science.gov (United States)

    2011-09-23

    algorithms that fit our criteria or adapt them in a manner that enables us to use them. 2) Recommender Systems Companies such as Netflix and Amazon use...are, can we understand the consequences of losing these assets, and produce a risk management strategy in which actions to deter threats or mitigate

  8. Regionalisation of asset values for risk analyses

    Directory of Open Access Journals (Sweden)

    A. H. Thieken

    2006-01-01

    Full Text Available In risk analysis there is a spatial mismatch of hazard data that are commonly modelled on an explicit raster level and exposure data that are often only available for aggregated units, e.g. communities. Dasymetric mapping techniques that use ancillary information to disaggregate data within a spatial unit help to bridge this gap. This paper presents dasymetric maps showing the population density and a unit value of residential assets for whole Germany. A dasymetric mapping approach, which uses land cover data (CORINE Land Cover as ancillary variable, was adapted and applied to regionalize aggregated census data that are provided for all communities in Germany. The results were validated by two approaches. First, it was ascertained whether population data disaggregated at the community level can be used to estimate population in postcodes. Secondly, disaggregated population and asset data were used for a loss evaluation of two flood events that occurred in 1999 and 2002, respectively. It must be concluded that the algorithm tends to underestimate the population in urban areas and to overestimate population in other land cover classes. Nevertheless, flood loss evaluations demonstrate that the approach is capable of providing realistic estimates of the number of exposed people and assets. Thus, the maps are sufficient for applications in large-scale risk assessments such as the estimation of population and assets exposed to natural and man-made hazards.

  9. Downside Risk And Empirical Asset Pricing

    NARCIS (Netherlands)

    P. van Vliet (Pim)

    2004-01-01

    textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40th birthday. Although widely applied in financial management, this model does not fully capture the empirical riskreturn relation of stocks; witness the beta, size, value and momentum effects. These pr

  10. Asset Freezing: Smart Sanction or Criminal Charge?

    NARCIS (Netherlands)

    Broek, Melissa van den; Hazelhorst, Monique; Zanger, Wouter de

    2011-01-01

    In this article the question is asked whether asset freezing can be qualified as a criminal charge within the meaning of Article6 ECHR and if yes, what effects this qualification may have on the legislative framework on so called smart sanctions. Byanalysing Community and EU law and case law of the

  11. Asset Management: A Maintenance Engineers View

    NARCIS (Netherlands)

    Dongen, van L.A.M.

    2015-01-01

    In the past, assets were designed in large construction teams but companies in recent decades focus more and more on their core activities. The management of capital goods is being organized in the (supply) chain of owners, users, manufacturers, research institutes, IT, service providers and so on.

  12. Downside Risk And Empirical Asset Pricing

    NARCIS (Netherlands)

    P. van Vliet (Pim)

    2004-01-01

    textabstractCurrently, the Nobel prize winning Capital Asset Pricing Model (CAPM) celebrates its 40th birthday. Although widely applied in financial management, this model does not fully capture the empirical riskreturn relation of stocks; witness the beta, size, value and momentum effects. These

  13. Asset Market Linkages in Crisis Periods

    NARCIS (Netherlands)

    P. Hartmann; S. Straetmans; C.G. de Vries (Casper)

    2001-01-01

    textabstractWe characterize asset return linkages during periods of stress by an extremal dependence measure. Contrary to correlation analysis, this non-parametric measure is not predisposed towards the normal distribution and can account for non-linear relationships. Our estimates for the G-5 count

  14. Introducing HEAL: The Health Education Assets Library.

    Science.gov (United States)

    Candler, Chris S.; Uijtdehaage, Sebastian H. J.; Dennis, Sharon E.

    2003-01-01

    Describes the development of a new Health Education Assets Library (HEAL), a freely accessible, national library of high-quality digital multimedia to support all levels of health sciences education. HEAL's primary mission is to provide educators with high-quality and free multimedia materials (such as images and videos) to augment health science…

  15. The Theoretical Underpinnings of Customer Asset Management

    NARCIS (Netherlands)

    R.N. Bolton; K.N. Lemo; P.C. Verhoef (Peter)

    2002-01-01

    textabstractMost research in customer asset management has focused on specific aspects of the value of the customer to the company. The purpose of this article is to propose an integrated framework ? called CUSAMS -- that enables service organizations to comprehensively assess the value of their "cu

  16. Ambiguity and Volatility : Asset Pricing Implications

    NARCIS (Netherlands)

    Pataracchia, B.

    2011-01-01

    Using a simple dynamic consumption-based asset pricing model, this paper explores the implications of a representative investor with smooth ambiguity averse preferences [Klibano¤, Marinacci and Mukerji, Econometrica (2005)] and provides a comparative analysis of risk aversion and ambiguity aversion.

  17. Asset Market Linkages in Crisis Periods

    NARCIS (Netherlands)

    P. Hartmann; S. Straetmans; C.G. de Vries (Casper)

    2001-01-01

    textabstractWe characterize asset return linkages during periods of stress by an extremal dependence measure. Contrary to correlation analysis, this non-parametric measure is not predisposed towards the normal distribution and can account for non-linear relationships. Our estimates for the G-5

  18. 75 FR 23327 - Asset-Backed Securities

    Science.gov (United States)

    2010-05-03

    ... Mortgage-Backed Securities (d) Commercial Mortgage-Backed Securities (e) Other Asset Classes (i... Exemptions (c) Residential Mortgage-Backed Securities (d) Commercial Mortgage-Backed Securities (e) Other..., including mortgage-backed securities.\\27\\ Many of these mortgage-backed securities were used to...

  19. Asset-Based Measurement of Poverty

    Science.gov (United States)

    Brandolini, Andrea; Magri, Silvia; Smeeding, Timothy M.

    2010-01-01

    Poverty is generally defined as income or expenditure insufficiency, but the economic condition of a household also depends on its real and financial asset holdings. This paper investigates measures of poverty that rely on indicators of household net worth. We review and assess two main approaches followed in the literature: income-net worth…

  20. Rescuing asset-backed securities markets

    OpenAIRE

    Sumit Agarwal; Crystal Cun; Mariacristina De Nardi

    2010-01-01

    On November 25, 2008, the Federal Reserve unveiled a loan facility to revive the market for asset-backed securities, which had essentially stopped functioning due to the global financial crisis. What are these securities and why is it important for these markets to continue to operate?

  1. Ambiguity and Volatility : Asset Pricing Implications

    NARCIS (Netherlands)

    Pataracchia, B.

    2011-01-01

    Using a simple dynamic consumption-based asset pricing model, this paper explores the implications of a representative investor with smooth ambiguity averse preferences [Klibano¤, Marinacci and Mukerji, Econometrica (2005)] and provides a comparative analysis of risk aversion and ambiguity aversion.

  2. International interest in space assets under the Cape Town Convention

    Science.gov (United States)

    Ametova, Lutfiie

    2013-12-01

    Private human access to outer space is impossible without space equipment. Nowadays space equipment is increasingly being financed by private sector. Private sector financiers, naturally, seek to secure their interest in space equipment. At the same time, increasing international cooperation in space industry leads to some problems of legal character. Thus, space equipment involved in international cooperation programs crosses national borders and is subject to a certain jurisdiction in a given period of time. The problem is that when an interest is created in one jurisdiction, it may not necessarily be recognised in another one. In order to provide a unified approach to interests vested in space equipment an international legal instrument is necessary. The Cape Town Convention represents an international instrument designed to provide a unified approach to interests vested in mobile equipment, including space assets.

  3. Local natural and cultural heritage assets and community based ...

    African Journals Online (AJOL)

    Local natural and cultural heritage assets and community based tourism: Challenges ... and cultural assets into tourism activities for the benefit of the community. ... all the functions of planning, development, marketing and management of the ...

  4. A comparative analysis of returns of various financial asset classes ...

    African Journals Online (AJOL)

    kirstam

    2014-12-09

    Dec 9, 2014 ... asset classes in South Africa: a triumph of bonds? .... higher returns than bonds in order for the capital markets to work. ...... valuation models. .... 'Asset pricing with undiversifiable income risk and short sales constraints:.

  5. PHILOSOPHICAL COMMUNITARIANISM LIKE THE ACTUAL PARADIGM OF SOCIAL BEING

    Directory of Open Access Journals (Sweden)

    Oleg Borisovich Davydov

    2015-12-01

    Full Text Available The article discusses one of the most pressing areas of social philosophy – communitarianism. Analyzes the basic concepts that operate representatives of the philosophical direction, among them – the community, the common good, virtue ethics. Demonstrates that the issues raised in the social and philosophical discussions that ensued between the liberal and communitarian social philosophy are essential for the social practice, and therefore, can not be solved solely by means of the theoretical. Considrered the main points of communitarian critics of liberal philosophy. Ethical dimensions of philosophy, which is constitutive for the communitarian discourse, also have importance in today’s society, which is accompanied by a deep crisis. Analyzed the concept of virtue, which plays a key role in the socio-philosophical communitarianism.

  6. Integration in biology: Philosophical perspectives on the dynamics of interdisciplinarity.

    Science.gov (United States)

    Brigandt, Ingo

    2013-12-01

    This introduction to the special section on integration in biology provides an overview of the different contributions. In addition to motivating the philosophical significance of analyzing integration and interdisciplinary research, I lay out common themes and novel insights found among the special section contributions, and indicate how they exhibit current trends in the philosophical study of integration. One upshot of the contributed papers is that there are different aspects to and kinds of integration, so that rather than attempting to offer a universal construal of what integrations is, philosophers have to analyze in concrete cases in what respects particular aspects of scientific theorizing and/or practice are 'integrative' and how this instance of integration works and was achieved.

  7. A Brief Philosophical Encounter with Science and Medicine

    Directory of Open Access Journals (Sweden)

    Amir Ehsan Karbasizadeh

    2013-01-01

    Full Text Available We show a lot of respect for science today. To back up our claims, we tend to appeal to scientific methods. It seems that we all agree that these methods are effective for gaining the truth. We can ask why science has its special status as a supplier of knowledge about our external world and our bodies. Of course, one should not always trust what scientists say. Nonetheless, epistemological justification of scientific claims is really a big project for philosophers of science. Philosophers of science are interested in knowing how science proves what it does claim and why it gives us good reasons to take these claims seriously. These questions are epistemological questions. Epistemology is a branch of philosophy which deals with knowledge claims and justification. Besides epistemological questions, metaphysical and ethical issues in science are worthy of philosophical scrutiny. This paper gives a short survey of these intellectually demanding issues.

  8. The ‘Philosophical paintings’ of the Republic

    Directory of Open Access Journals (Sweden)

    Zacharoula A. Petraki

    2013-09-01

    Full Text Available In this article I examine Plato’s appropriation of poetic language in the Republic and argue that, despite his criticism of poetry in Books 3 and 10, poetic language is justifiably weaved into the philosophical fabric to depict the corrupt, the ugly and the base. In specific terms, Plato’s adaptation of several poetic motifs and images in the Republic becomes more meaningful if we choose to pay attention to Socrates as a quasi painter in the dialogue and interpret his philosophical images as philosophy’s response to the deceptive dramatic representations of poetry. Thus the art of painting, which is also criticised in Republic Book 10, in Plato’s hands becomes a philosophical tool which helps him investigate the relation of our mundane sense-perceptive world to the metaphysical realm of the Ideas and humans’ place in it.

  9. Philosophers' biased judgments persist despite training, expertise and reflection.

    Science.gov (United States)

    Schwitzgebel, Eric; Cushman, Fiery

    2015-08-01

    We examined the effects of framing and order of presentation on professional philosophers' judgments about a moral puzzle case (the "trolley problem") and a version of the Tversky & Kahneman "Asian disease" scenario. Professional philosophers exhibited substantial framing effects and order effects, and were no less subject to such effects than was a comparison group of non-philosopher academic participants. Framing and order effects were not reduced by a forced delay during which participants were encouraged to consider "different variants of the scenario or different ways of describing the case". Nor were framing and order effects lower among participants reporting familiarity with the trolley problem or with loss-aversion framing effects, nor among those reporting having had a stable opinion on the issues before participating the experiment, nor among those reporting expertise on the very issues in question. Thus, for these scenario types, neither framing effects nor order effects appear to be reduced even by high levels of academic expertise.

  10. REFLECTION OF NIETZHES PHILOSOPHICAL IDEAS IN AVANGARDIZM ART

    Directory of Open Access Journals (Sweden)

    Ya. S. Demydenko

    2015-12-01

    Full Text Available The purpose of the research is to explore the display of philosophical ideas of Nietzsche on the avangardism art. Methodology. The philosophical provisions, aesthetic, cultural and artistic ideas were used to identify the theoretical and methodological fundamentals. Scientific novelty. The influence of Nietzsche on the avangardism art was analyzed. Nietzsche’s views were relevant and demanded in the artistic culture of XX century, but at the same time, the representatives of the cultural traditions of the XX century, which used his creative ideas of the German philosopher, often referred to them very selectively and not always contextually correct. Conclusions. It was proved that the creative legacy of Nietzsche can be the intellectual base for overcoming the crisis in contemporary art culture and initiate the ascent of man to the new spiritual and artistic heights.

  11. Turing's three philosophical lessons and the philosophy of information.

    Science.gov (United States)

    Floridi, Luciano

    2012-07-28

    In this article, I outline the three main philosophical lessons that we may learn from Turing's work, and how they lead to a new philosophy of information. After a brief introduction, I discuss his work on the method of levels of abstraction (LoA), and his insistence that questions could be meaningfully asked only by specifying the correct LoA. I then look at his second lesson, about the sort of philosophical questions that seem to be most pressing today. Finally, I focus on the third lesson, concerning the new philosophical anthropology that owes so much to Turing's work. I then show how the lessons are learned by the philosophy of information. In the conclusion, I draw a general synthesis of the points made, in view of the development of the philosophy of information itself as a continuation of Turing's work.

  12. Improving the asset pricing ability of the Consumption-Capital Asset Pricing Model?

    DEFF Research Database (Denmark)

    Rasmussen, Anne-Sofie Reng

    This paper compares the asset pricing ability of the traditional consumption-based capital asset pricing model to models from two strands of literature attempting to improve on the poor empirical results of the C-CAPM. One strand is based on the intertemporal asset pricing model of Campbell (1993...... able to price assets conditionally as suggested by Cochrane (1996) and Lettau and Ludvigson (2001b). The unconditional C-CAPM is rewritten as a scaled factor model using the approximate log consumptionwealth ratio cay, developed by Lettau and Ludvigson (2001a), as scaling variable. The models...... are estimated on US data and the resulting pricing errors are compared using average pricing errors and a number of composite pricing error measures. The conditional C-CAPM and the two beta I-CAPM of Campbell and Vuolteenaho (2004) result in pricing errors of approximately the same size, both average...

  13. 76 FR 4231 - Issuer Review of Assets in Offerings of Asset-Backed Securities

    Science.gov (United States)

    2011-01-25

    ... loans from many other unaffiliated sellers before securitization. As discussed in the Proposing Release... workable across a wide variety of asset classes and issuers would best accomplish our objectives...

  14. Fixed Costs and Asset Market Participation Fixed Costs and Asset Market Participation

    Directory of Open Access Journals (Sweden)

    Harold H. Zhang

    2000-03-01

    Full Text Available This paper investigates the effects of fixed costs on investor's decision of asset market participation. The model features a continuum of agents with heterogeneous initial wealth and attitude toward risk. We show that under certain conditions there exists a unique competitive equilibrium in which investors optimally choose to stay in autarky, participate just in the riskless asset market or in both the riskless and the risky asset markets. The model is calibrated based on earnings profile from the U.S. We find that using fixed costs that are comparable to the current commission charged by brokers the model can generate participation patterns similar to observed ones. Further, we find participation rates to be very sensitive to the costs differentials associated with entering the risky asset market while relatively less sensitive to the overall levels of fixed costs. Finally, we find that costs make it even harder for dynamic models to replicate the risk free rate and in that sense deepen that puzzle. This paper investigates the effects of fixed costs on investor's decision of asset market participation. The model features a continuum of agents with heterogeneous initial wealth and attitude toward risk. We show that under certain conditions there exists a unique competitive equilibrium in which investors optimally choose to stay in autarky, participate just in the riskless asset market or in both the riskless and the risky asset markets. The model is calibrated based on earnings profile from the U.S. We find that using fixed costs that are comparable to the current commission charged by brokers the model can generate participation patterns similar to observed ones. Further, we find participation rates to be very sensitive to the costs differentials associated with entering the risky asset market while relatively less sensitive to the overall levels of fixed costs. Finally, we find that costs make it even harder for dynamic models to replicate

  15. THEORETICAL ASPECTS REGARDING THE VALUATION OF INTANGIBLE ASSETS

    OpenAIRE

    HOLT GHEORGHE

    2015-01-01

    Valuation of intangible assets represents one of the most delicate problems of assessing a company. Usually, valuation of intangible assets is in the process of evaluating enterprise as a whole. Therefore, Intangible Asset Valuers must have detailed knowledge on business valuation, in particular, the income-based valuation methods (capitalization / updating net cash flow). Valuation of Intangible Assets is the objective of the International Valuation Standards (GN) 4 Valuation of Intangible A...

  16. STRATEGIC OUTLINES: BETWEEN VALUE AND DIGITAL ASSETS MANAGEMENT

    OpenAIRE

    Delia Babeanu; Alexandru Adrian Gavrila; Valerica Mares

    2009-01-01

    Enterprise content management leverages digital asset management to supportbusiness channel diversity. Business asset management technology is targeted to products and finalservices. By capturing photos, videos, logos and other creative assets in a central repository itbecomes possible to control how, when and by whom these assets are used.The ability to locate different images enhances collaboration inside and outside the organization.To provide full value, the system links to technologies t...

  17. Assets and Liabilities Management – Concept and Optimal Organization

    OpenAIRE

    Ciobotea Adina; Oaca Sorina Cristina

    2011-01-01

    Asset-liability management (ALM) is a term whose meaning has evolved. It is used in slightly different ways in different contexts. ALM was pioneered by financial institutions, but corporations now also apply ALM techniques. In banking, asset and liability management is the practice of managing risks that arise due to mismatches between the assets and liabilities (debts and assets) of the bank. This can also be seen in insurance. Banks face several risks such as the liquidity risk, interest ra...

  18. Asset-Centric Security Risk Assessment of Software Components

    OpenAIRE

    Rauter, Tobias; Höller, Andrea; Kajtazovic, Nermin; Kreiner, Christian

    2016-01-01

    Risk management is a crucial process for the development of secure systems. Valuable objects (assets) must be identified and protected. In order to prioritize the protection mechanisms, the values of assets need to be quantified. More valuable or exposed assets require more powerful protection. There are many risk assessment approaches that aim to provide a metric to generate this quantification for different domains. In software systems, these assets are reflected in res...

  19. Application of the Fibonacci sequence in asset markets

    OpenAIRE

    Hájek, Štěpán

    2015-01-01

    This bachelor thesis deals with the possibilities of using the Fibonacci sequence in asset markets. First, it introduces the issue of asset market and describes the individual assets. Then it explains, twhat it is the Fibonacci sequence and what mechanisms cause that it can be applied to conduct market assets. Describes the various technical analysis tools, which using this sequence. In the next section, the reader is familiar with various business strategies that utilize the tools and indica...

  20. Addressing the Philosophical Confusion Regarding Constructivism in Chemical Education

    Science.gov (United States)

    Bernal, Pedro J.

    2006-02-01

    In the Chemical Education Today section of the May 2003 issue of this Journal , Eric Scerri wrote about the consequences of what he regards as a philosophical confusion in the work of constructivist chemical education researchers. This issue has important implications for both the teaching and practice of science. I offer a view of the confusion that places the emphasis on the careless use of philosophical terms that Scerri noted and on the tendency of psychological constructivists to go from psychological premises to unwarranted epistemological conclusions.

  1. Understanding-misunderstanding: a philosophical and theoretical exploration.

    Science.gov (United States)

    Condon, Barbara Backer

    2010-10-01

    Understanding-misunderstanding is an intrinsic part of being human. It is understanding that might be said to underscore all communication. This article is an in-depth exploration of the philosophical views regarding human understanding from some of the greatest philosophers in history, and a glimpse into the disciplines of sociology, psychology, and nursing in their views on human understanding or related concepts. Human understanding-misunderstanding is supported in the literature as a paradox--one that continues to be mysterious and illimitable. In fact, it is the belief of this author, in every human encounter, one cannot not understand-misunderstand.

  2. Philosophical engineering toward a philosophy of the web

    CERN Document Server

    Halpin, Harry

    2013-01-01

    This is the first interdisciplinary exploration of the philosophical foundations of the Web, a new area of inquiry that has important implications across a range of domains. Contains twelve essays that bridge the fields of philosophy, cognitive science, and phenomenologyTackles questions such as the impact of Google on intelligence and epistemology, the philosophical status of digital objects, ethics on the Web, semantic and ontological changes caused by the Web, and the potential of the Web to serve as a genuine cognitive extensionBrings together insightful new scholarship from well-known an

  3. Spectral decomposition of optimal asset-liability management

    NARCIS (Netherlands)

    Decamps, M.; de Schepper, A.; Goovaerts, M.

    2009-01-01

    This paper concerns optimal asset-liability management when the assets and the liabilities are modeled by means of correlated geometric Brownian motions as suggested in Gerber and Shiu [2003. Geometric Brownian motion models for assets and liabilities: from pension funding to optimal dividends.

  4. A Study of the Effectiveness of Postal Financial Assets Services

    Institute of Scientific and Technical Information of China (English)

    2002-01-01

    Based on the theory of bank management, the article analyses the operating principles of postal financial assets service; selects and divides different kinds of postal financial assets services; dissects their economic and comprehensive results; furthermore, and gives examples of different assets combinations according to the development of the services.

  5. Spectral decomposition of optimal asset-liability management

    NARCIS (Netherlands)

    Decamps, M.; de Schepper, A.; Goovaerts, M.

    2009-01-01

    This paper concerns optimal asset-liability management when the assets and the liabilities are modeled by means of correlated geometric Brownian motions as suggested in Gerber and Shiu [2003. Geometric Brownian motion models for assets and liabilities: from pension funding to optimal dividends. Nort

  6. Building Students' Developmental Assets To Promote Health and School Success.

    Science.gov (United States)

    Scales, Peter C.

    2000-01-01

    Discusses research identifying and examining specific "developmental assets": positive building blocks that all children and youth need for success. Discusses the role of these assets in health promotion and risk reduction. Outlines specific actions educators can take to build 12 of these developmental assets. Notes the special place of health…

  7. 76 FR 78553 - Reporting of Specified Foreign Financial Assets

    Science.gov (United States)

    2011-12-19

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-BK17 Reporting of Specified Foreign Financial Assets AGENCY... reporting specified foreign financial assets. For a financial account, the name and address of the financial... also excepted from reporting. Specified foreign financial assets that qualify for either of these...

  8. Money Illusion and Nominal Inertia in Experimental Asset Markets

    DEFF Research Database (Denmark)

    Noussair, Charles N.; Richter, Gregers; Tyran, Jean-Robert

    We test whether large but purely nominal shocks affect real asset market prices. We subject a laboratory asset market to an exogenous shock, which either inflates or deflates the nominal fundamental value of the asset, while holding the real fundamental value constant. After an inflationary shock...

  9. 18 CFR 367.22 - Accounting for asset retirement obligations.

    Science.gov (United States)

    2010-04-01

    ... amount recognized for the liability and an associated asset retirement cost must be stated at the fair value of the asset retirement obligation in the period in which the obligation is incurred. (b) The... measurement changes to the initial liability for the legal obligation recorded in account 230, Asset...

  10. 77 FR 36228 - Financial Asset Securitization Investment Trusts

    Science.gov (United States)

    2012-06-18

    ... Internal Revenue Service 26 CFR Part 1 RIN 1545-AU94 Financial Asset Securitization Investment Trusts..., authorized a securitization vehicle called a Financial Asset Securitization Investment Trust (FASIT). FASITs.... SUMMARY: This document withdraws a notice of proposed rulemaking relating to financial asset...

  11. Pengaruh Komite Audit, Kualitas Audit, Kepemilikan Institusional, Risiko Perusahaan dan Return On Assets Terhadap Tax Avoidance

    Directory of Open Access Journals (Sweden)

    Fitri Damayanti

    2016-01-01

    Full Text Available This research aims to analyze and get empirical evidence about the effect of audit committee, audit quality, ownership institutional, corporate risk and return on assets on the tax avoidance. Sample of this research were property and real estate industries which are listed in Indonesian Stock Exchanges during 2010-2013 period. The number of property and real estate industries that were became in this study were 22 companies with 4 years observation that acquired by purposive sampling method. Hypothesis in this research were tested by multiple regression model.The result of this research showed that corporate risk and return on assets influence the tax avoidance. In the other hand, the audit quality, audit committee and ownership institutional didn’t influence the tax avoidance.DOI: 10.15408/ess.v5i2.2341

  12. The Q theory of investment, the capital asset pricing model,and asset valuation:a synthesis

    Institute of Scientific and Technical Information of China (English)

    MCDONALD John F.

    2004-01-01

    The paper combines Tobin's Q theory of real investment with the capital asset pricing model to produce a new and relatively simple procedure for the valuation of real assets using the income approach. Applications of the new method are provided.

  13. The Relevance of Wittgenstein’s Thought for Philosophical Hermeneutics: The Problem of Translation between the Tractatus and Philosophical Investigations

    Directory of Open Access Journals (Sweden)

    Adrian Costache

    2011-05-01

    Full Text Available The present paper aims to bring to light the relevance of Wittgenstein‘s thought for philosophical hermeneutics. In this sense it offers a thorough discussion of the Austrian philosopher‘s understanding of the concept of translation through a detailed examination of its development from its first formulation in the context of the picture theory of meaning in the Tractatus to its reformulation as language game and form of life within the use theory put forth in Philosophical Investigations. The paper argues that the skepticism towards the history of everyday language implied by Wittgenstein‘s understanding of translation could be taken as an important step forward in the development of a critical dimension of philosophical hermeneutics.

  14. Asset and liability management in the developing countries : modern financial techniques - a primer

    OpenAIRE

    Masuoka, Toshiya

    1990-01-01

    The increased volatility of exchange rates, interest rates, and primary commodity prices over the past two decades has highlighted the importance for developing countries of managing these risks. Asset and liability management - a risk-management technique to systematically control price risks with market-based financial instruments - has been developed and broadly used in the industrial countries. However, its applications to developing countries have been limited. The purpose of this paper ...

  15. Intellectual Capital: A Competitive Asset for Driving Innovation in Engineering Design Firms

    OpenAIRE

    Yitman, İbrahim

    2011-01-01

    Intellectual Capital (IC) is recognized as a key strategic asset for organizational performance, and innovative solutions and its management is critical for the competitiveness of organizations. The aim of this article is to analyze the relationships among intellectual capital, competitiveness, and innovation drivers in engineering design firms of the Turkish construction industry. The research involves a questionnaire survey administered to engineering firms on intellectual capital construct...

  16. The Role of Philosophers in RCR Training

    Directory of Open Access Journals (Sweden)

    Gary Comstock

    2014-10-01

    Full Text Available The expanding moral circle lends coherence to the usual hodge-podge of canonical RCR topics.  As it is in a person’s own interest to report falsification, understand fabrication, avoid plagiarism, beware of intuition, and justify one’s decisions, it is useful to begin RCR discussions with the principle that we ought to do what is in our own long-term best interests. As it is in the interest of a person’s research group to articulate their reasons for their conclusions, to write cooperatively, review manuscripts professionally, and report statistics transparently, one can introduce the principle that we ought to keep our promises and contracts. As it is a basic matter of rights to respect human subjects, mentor inclusively, recognize intellectual property, and reveal both conflicts of interests and collaborations with private industry, an RCR instructor can introduce the idea that we ought to respect each individual’s moral rights. Finally, as many animals can feel pain, are subjects of their own lives, and have interests of their own, we must take seriously our role in their welfare as research subjects. In this last step, we expand the circle fully, considering animal experimentation, duties to future generations and the natural environment, and the larger social responsibilities of researchers while adopting a utilitarian principle: We ought to do what will maximize aggregate happiness.

  17. 77 FR 71321 - Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets; Expected...

    Science.gov (United States)

    2012-11-30

    ... CORPORATION 29 CFR Part 4044 Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets... pension plans undergoing distress or involuntary termination with valuation dates falling in 2013. This... Assets in Single-Employer Plans (29 CFR part 4044) sets forth (in subpart B) the methods for valuing plan...

  18. 78 FR 72018 - Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets; Expected...

    Science.gov (United States)

    2013-12-02

    ... CORPORATION 29 CFR Part 4044 Allocation of Assets in Single-Employer Plans; Valuation of Benefits and Assets... pension plans undergoing distress or involuntary termination with valuation dates falling in 2014. This... Assets in Single-Employer Plans (29 CFR part 4044) sets forth (in subpart B) the methods for valuing plan...

  19. Developing Asset Life Cycle Management capabilities through the implementation of Asset Life Cycle Plans – an Action Research project

    NARCIS (Netherlands)

    Ruitenburg, Richard; Braaksma, Anne Johannes Jan

    2017-01-01

    Asset Life Cycle Management is a strategic approach to managing physical assets over their complete life cycle. However, the literature and the recent ISO 55,000 standard do not offer guidance as to how to develop such an approach. This paper investigates the main capabilities for Asset Life Cycle

  20. 76 FR 64945 - Teva Pharmaceutical Industries Ltd. and Cephalon, Inc.; Analysis of Agreement Containing Consent...

    Science.gov (United States)

    2011-10-19

    ... Teva Pharmaceutical Industries Ltd. and Cephalon, Inc.; Analysis of Agreement Containing Consent Orders... Consent Orders (``Consent Agreement'') from Teva Pharmaceutical Industries Ltd. (``Teva'') and Cephalon... Pharmaceutical, Inc. (``Par'') all of Teva's rights and assets relating to its generic transmucosal fentanyl...

  1. CONSIDERATION REGARDING CURRENT ASSETS IN THE CONSTRUCTION ENTITIES

    Directory of Open Access Journals (Sweden)

    Laura Adriana COJOCARU (ALIONESCU

    2014-06-01

    Full Text Available Accounting for current assets mainly aims to obtain useful information on the management of their best in order to make management decisions. Counting efficiency of these assets, their importance, provides improved performance of the entity. In this paper we want to study the degree of implementation of policies and accounting treatments on the current assets in the specific construction economic entities, the problems of implementation and thus better addressing their theoretical and procedural to improve the information provided by financial statements. Due to the importance of proper conduct of business owned entities, accounting current assets should result in optimal and efficient control of current assets.

  2. CONSIDERATION REGARDING CURRENT ASSETS IN THE CONSTRUCTION ENTITIES

    Directory of Open Access Journals (Sweden)

    Laura Adriana COJOCARU (ALIONESCU

    2014-06-01

    Full Text Available Accounting for current assets mainly aims to obtain useful information on the management of their best in order to make management decisions. Counting efficiency of these assets, their importance, provides improved performance of the entity. In this paper we want to study the degree of implementation of policies and accounting treatments on the current assets in the specific construction economic entities, the problems of implementation and thus better addressing their theoretical and procedural to improve the information provided by financial statements. Due to the importance of proper conduct of business owned entities, accounting current assets should result in optimal and efficient control of current assets.

  3. IMPLEMENTATION OF ASSET MANAGEMENT IN ROAD ADMINISTRATION OF SLOVAK REPUBLIC

    Directory of Open Access Journals (Sweden)

    Ľubomír Pepucha

    2014-03-01

    Full Text Available The article presents basic principles and solutions for the application of Asset Management as part of road administration in Slovakia. It deals with application of Assets management methods and best practices of global trends in road maintenance, repair and rehabilitation strategies. An effective public Asset Management combines principles and strategies of asset management used in private sector with sound practices and methods proven to be applicable by public road administrator and his digital information systems. The under-funding of road management leads to development of tools and methods, which enable us to define criteria for establishing priorities for investments into road assets.

  4. Technology, recommendation and design: on being a 'Paternalistic philosopher'

    NARCIS (Netherlands)

    Wong, P.H.

    2013-01-01

    Philosophers have talked to each other about moral issues concerning technology, but few of them have talked about issues of technology and the good life, and even fewer have talked about technology and the good life with the public in the form of recommendation. In effect, recommendations for vario

  5. A Philosophical Twist to the Scholar-Practitioner Tradition

    Science.gov (United States)

    Bailey, Scott; Gautam, Chetanath

    2015-01-01

    A new breed of leader is needed for American public schools, one who can both promote the public good and meet modern accountability demands. Often referred to as a scholar-practitioner, this type of leader blends theory with practice, philosophizing practice while practicing a philosophy. Such blending in a person is not simple, however, because…

  6. Should psychology be ‘positive’? Letting the philosophers speak

    Science.gov (United States)

    Oyebode, Femi

    2014-01-01

    This is a brief commentary on the value of optimism in therapy. It draws on the philosophical writings of Schopenhauer and Aristotle. It suggests that the modern preoccupation with optimism may be as extreme as the bleak pessimistic outlook favoured by Schopenhauer. PMID:25237498

  7. Differentially Positioned Language Games: Ethnomathematics from a Philosophical Perspective

    Science.gov (United States)

    Knijnik, Gelsa

    2012-01-01

    This paper discusses a new philosophical perspective for ethnomathematics which articulates Ludwig Wittgenstein's and Michel Foucault's theoretical notions. It is conceived as a theoretical toolbox which allows the analysis of, on the one hand, the mathematical language games of different forms of life and their family resemblances and, on the…

  8. Philosophical Analysis, Research on Teaching, and Aim-Oriented Empiricism.

    Science.gov (United States)

    Popp, Jerome A.

    1980-01-01

    An attempt is made at providing cohesion and structure for a range of disparate activities and examining their interrelationships. Among concepts considered are: (1) the relationship of philosophic analysis in education; (2) the nature of pedagogical research; (3) the process-product paradigm; (4) aim-oriented empiricism; (5) the reduction thesis;…

  9. Social research design: framework for integrating philosophical and practical elements.

    Science.gov (United States)

    Cunningham, Kathryn Burns

    2014-09-01

    To provide and elucidate a comprehensible framework for the design of social research. An abundance of information exists concerning the process of designing social research. The overall message that can be gleaned is that numerable elements - both philosophical (ontological and epistemological assumptions and theoretical perspective) and practical (issue to be addressed, purpose, aims and research questions) - are influential in the process of selecting a research methodology and methods, and that these elements and their inter-relationships must be considered and explicated to ensure a coherent research design that enables well-founded and meaningful conclusions. There is a lack of guidance concerning the integration of practical and philosophical elements, hindering their consideration and explication. The author's PhD research into loneliness and cancer. This is a methodology paper. A guiding framework that incorporates all of the philosophical and practical elements influential in social research design is presented. The chronological and informative relationships between the elements are discussed. The framework presented can be used by social researchers to consider and explicate the practical and philosophical elements influential in the selection of a methodology and methods. It is hoped that the framework presented will aid social researchers with the design and the explication of the design of their research, thereby enhancing the credibility of their projects and enabling their research to establish well-founded and meaningful conclusions.

  10. New Perspectives in Special Education: Contemporary Philosophical Debates

    Science.gov (United States)

    Farrell, Michael

    2012-01-01

    This book should be read by everyone who wants to understand special education today. "New Perspectives in Special Education" opens the door to the fascinating and vitally important world of theory that informs contemporary special education. It examines theoretical and philosophical orientations such as "positivism", "poststructuralism" and…

  11. A Philosophical Wish List for Research in Music Information Retrieval

    DEFF Research Database (Denmark)

    Grund, Cynthia M.

    2006-01-01

    Within a framework provided by the traditional trio consisting of metaphysics, epistemology and ethics, a first stab is made at a wish list for MIR-research from a philosophical point of view. Since the tools of MIR are equipped to study language and its use from a purely sonic standpoint, MIR re...

  12. Externalities as a Basis for Regulation: A Philosophical View

    NARCIS (Netherlands)

    Claassen, R.J.G.

    2016-01-01

    Externalities are an important concept in economic theories of market failure, aiming to justify state regulation of the economy. This paper explores the concept of externalities from a philosophical perspective. It criticizes the utilitarian nature of economic analyses of externalities, showing how

  13. The Five Commitments: A Philosophical Framework Manifested through Dance

    Science.gov (United States)

    Wakamatsu, Kori

    2013-01-01

    The philosophical framework known as the Five Commitments was recently approved by the Governing Board of the Brigham Young University-Public School Partnership. The Five Commitments consist of: Civic Preparation and Engagement; Engaged Learning Through Nurturing Pedagogy; Equitable Access to Academic Knowledge and Achievement; Stewardship in…

  14. Cultural Difference and Human Rights : A Philosophical-Anthropological Approach

    NARCIS (Netherlands)

    J. Kloeg (Julien)

    2014-01-01

    textabstractIn ‘Cultural Difference and Human Rights’, Julien Kloeg claims, with Pablo Gilabert, that theoretical attempts to justify human rights should move beyond the dichotomy of providing either a humanist or a political justification. Kloeg demonstrates how philosophical anthropology could gro

  15. Towards an Indigenous African Educational Discourse: A Philosophical Reflection

    Science.gov (United States)

    Higgs, Philip

    2008-01-01

    The liberation of Africa and its peoples from centuries of racially discriminatory colonial rule and domination has far reaching implications for educational thought and practice. The transformation of educational discourse in Africa requires a philosophical framework that respects diversity, acknowledges lived experience and challenges the…

  16. Teaching of Social and Philosophical Background to Atomic Theory.

    Science.gov (United States)

    Luhl, Jutta

    1992-01-01

    The history of atomic theory is outlined from earliest times up to the orbital model and describes a corresponding teaching method. The historical part of the paper emphasizes social and philosophical aspects in the development of atomic theory. The second part of the paper describes a method for teaching this material at the secondary level.…

  17. Woman's Moral Development in Search of Philosophical Assumptions.

    Science.gov (United States)

    Sichel, Betty A.

    1985-01-01

    Examined is Carol Gilligan's thesis that men and women use different moral languages to resolve moral dilemmas, i.e., women speak a language of caring and responsibility, and men speak a language of rights and justice. Her thesis is not grounded with adequate philosophical assumptions. (Author/RM)

  18. The Wenzi : creation and manipulation of a Chinese philosophical text

    NARCIS (Netherlands)

    Els, Paul van

    2006-01-01

    The Wenzi is a Chinese philosophical text that is traditionally ascribed to a disciple of Laozi, the alleged founder of Daoism. The text was read, discussed, quoted and admired by the lettered class in imperial China for centuries, until the Northern Song dynasty. From the Southern Song dynasty,

  19. Differentially Positioned Language Games: Ethnomathematics from a Philosophical Perspective

    Science.gov (United States)

    Knijnik, Gelsa

    2012-01-01

    This paper discusses a new philosophical perspective for ethnomathematics which articulates Ludwig Wittgenstein's and Michel Foucault's theoretical notions. It is conceived as a theoretical toolbox which allows the analysis of, on the one hand, the mathematical language games of different forms of life and their family resemblances and, on the…

  20. Rationalising the Nature of "Graduateness" through Philosophical Accounts of Authenticity

    Science.gov (United States)

    Kreber, Carolin

    2014-01-01

    In this essay, I undertake a philosophical investigation into the nature of "graduateness" based on two distinct ideas on the educational purposes of universities. One draws on European existentialism emphasising how human being is affected and deals with the various challenges of being in the world; the other is grounded in the North…

  1. Our Philosophical Heritage: Significant Influences on Professional Practice and Preparation.

    Science.gov (United States)

    Knock, Gary H.; And Others

    1989-01-01

    Examines influence on student affairs of four philosophical perspectives: rationalism, neohumanism, pragmatism, and existentialism. Claims educational philosophy, both institutional and personal, contributes to policymaking and program development. Concludes that it is necessary to reflect regularly on the why and the how of the student affairs…

  2. Cultural Difference and Human Rights : A Philosophical-Anthropological Approach

    NARCIS (Netherlands)

    J. Kloeg (Julien)

    2014-01-01

    textabstractIn ‘Cultural Difference and Human Rights’, Julien Kloeg claims, with Pablo Gilabert, that theoretical attempts to justify human rights should move beyond the dichotomy of providing either a humanist or a political justification. Kloeg demonstrates how philosophical anthropology could

  3. Philosophical Analysis of the Question "What Is English?"

    Science.gov (United States)

    Nystrand, Philip Martin

    This dissertation combines linguistics, sociology, aesthetics, and psychology to explore the philosophical and pedagogical assumptions which currently provide the framework for answering the question, "What is English?" The theories of Piaget, Langer, Mead, and Berger and Luckmann are used to define two essential terms: presentational and…

  4. Critical Sub/Versions of the History of Philosophical Rhetoric.

    Science.gov (United States)

    Vitanza, Victor J.

    1987-01-01

    Discusses post-modern literary criticism in terms of a sophistic non-Aristotelian, non-disciplinary rhetorical tradition which may be styled "antibody rhetoric," a complementary remedy to the orthodox philosophical, metadisciplinary rhetoric. Envisions this dialectic as a longstanding comic/tragic polarity, with the "antibody…

  5. A Philosophical Inquiry into the Nature of Computer Art

    Science.gov (United States)

    Humphries, Holle

    2003-01-01

    The most important step in leading students in an exploration of the philosophical issues regarding art created with a computer is first to guide them in exploring ontological concepts and questions asked about the nature of art and computer art, before investigating related issues of epistemology, value, and criticism. Students need to understand…

  6. More than "Mere Ideas": Deweyan Tools for the Contemporary Philosopher

    Science.gov (United States)

    Stengel, Barbara

    2009-01-01

    John Dewey was born into a world ripe for philosophical reconstruction, as scientific advancement, technological innovation, and social reinterpretation reconfigured the intellectual landscape. Dewey rendered his world intelligible through three important "moral ideas": (1) The voice and the perspective of "the other" is an essential source for…

  7. A Philosophical Wish List for Research in Music Information Retrieval

    DEFF Research Database (Denmark)

    Grund, Cynthia M.

    2006-01-01

    Within a framework provided by the traditional trio consisting of metaphysics, epistemology and ethics, a first stab is made at a wish list for MIR-research from a philosophical point of view. Since the tools of MIR are equipped to study language and its use from a purely sonic standpoint, MIR re...

  8. Embedding the Circular Economy in Investment Decision-making for Capital Assets – A Business Case Framework

    NARCIS (Netherlands)

    Korse, M.; Ruitenburg, Richard Jacob; Toxopeus, Marten E.; Braaksma, Anne Johannes Jan

    2016-01-01

    Industry shows an increasing interest in the circular economy. However, circularity for physical capital assets is still ill-defined and existing models are complex and information dependent hindering implementation. This paper addresses these gaps by operationalizing circular economy principles and

  9. Embedding the Circular Economy in Investment Decision-making for Capital Assets – A Business Case Framework

    NARCIS (Netherlands)

    Korse, M.; Ruitenburg, R.J.; Toxopeus, M.E.; Braaksma, A.J.J.

    2016-01-01

    Industry shows an increasing interest in the circular economy. However, circularity for physical capital assets is still ill-defined and existing models are complex and information dependent hindering implementation. This paper addresses these gaps by operationalizing circular economy principles and

  10. The use of model predictive control for asset production optimization: application to a thin-rim oil field case

    NARCIS (Netherlands)

    Linden, R.D. van der; Leemhuis, A.P.

    2010-01-01

    Increasingly the upstream oil & gas industry is using active flow control (e.g. feedback loops) or passive flow control (e.g. passive ICD) technologies to optimize asset production. They are used, for example, to commingle production, stabilize production in case of water or gas breakthrough, and to

  11. Measuring the value of healthcare business assets.

    Science.gov (United States)

    Evans, C J

    2000-04-01

    Healthcare organizations obtain valuations of business assets for many reasons, including to support decisions regarding potential mergers, sale of business components, or financing; for tax assessments; and for defense against law-suits. If compliance with regulations may be an issue, such as when a not-for-profit organization is involved in a transaction, healthcare organizations should seek an independent appraisal to ensure that applicable legal standards are met. Whether or not regulatory issues are involved, however, an accurate and useful valuation of business assets depends on many factors. Financial managers must understand the purpose and function of the valuation, choice of appropriate valuation techniques, proper assessment of intangible value, use of realistic growth rates, appropriate emphasis on key focus areas of the valuation (e.g., risk and future income streams), and an accounting of physician compensation.

  12. Self-Consistent Asset Pricing Models

    CERN Document Server

    Malevergne, Y

    2006-01-01

    We discuss the foundations of factor or regression models in the light of the self-consistency condition that the market portfolio (and more generally the risk factors) is (are) constituted of the assets whose returns it is (they are) supposed to explain. As already reported in several articles, self-consistency implies correlations between the return disturbances. As a consequence, the alpha's and beta's of the factor model are unobservable. Self-consistency leads to renormalized beta's with zero effective alpha's, which are observable with standard OLS regressions. Analytical derivations and numerical simulations show that, for arbitrary choices of the proxy which are different from the true market portfolio, a modified linear regression holds with a non-zero value $\\alpha_i$ at the origin between an asset $i$'s return and the proxy's return. Self-consistency also introduces ``orthogonality'' and ``normality'' conditions linking the beta's, alpha's (as well as the residuals) and the weights of the proxy por...

  13. HIGHER LEVEL OF INTELLECTUAL ASSET MANAGEMENT

    Directory of Open Access Journals (Sweden)

    ROMANESC MARCEL LAURENTIU

    2014-05-01

    Full Text Available Creation and dissemination of knowledge is to be found in his wish of activity of any university. The challenge is to achieve in the best way on the use of these knowledge as an asset that can provide maximum value economy, society and university in itself. Most university are aware of how to market the results obtained through personal research carried out by his own personal. Therefore the management of universities realized that there is a need that they will be able to create an overall strategy for managing intellectual property, in accordance with their mission. This study is aimed at identifying strategies oriented to optimize benefits of assets intellectual property created by staff and students a university. This study will help generate the best strategies for intellectual property approaches, every institution in benefit of all (economy, society or any education institution.

  14. Asset management using an extended Markowitz theorem

    Directory of Open Access Journals (Sweden)

    Paria Karimi

    2014-06-01

    Full Text Available Markowitz theorem is one of the most popular techniques for asset management. The method has been widely used to solve many applications, successfully. In this paper, we present a multi objective Markowitz model to determine asset allocation by considering cardinality constraints. The resulted model is an NP-Hard problem and the proposed study uses two metaheuristics, namely genetic algorithm (GA and particle swarm optimization (PSO to find efficient solutions. The proposed study has been applied on some data collected from Tehran Stock Exchange over the period 2009-2011. The study considers four objectives including cash return, 12-month return, 36-month return and Lower Partial Moment (LPM. The results indicate that there was no statistical difference between the implementation of PSO and GA methods.

  15. Evolutionary complexity for protection of critical assets.

    Energy Technology Data Exchange (ETDEWEB)

    Battaile, Corbett Chandler; Chandross, Michael Evan

    2005-01-01

    This report summarizes the work performed as part of a one-year LDRD project, 'Evolutionary Complexity for Protection of Critical Assets.' A brief introduction is given to the topics of genetic algorithms and genetic programming, followed by a discussion of relevant results obtained during the project's research, and finally the conclusions drawn from those results. The focus is on using genetic programming to evolve solutions for relatively simple algebraic equations as a prototype application for evolving complexity in computer codes. The results were obtained using the lil-gp genetic program, a C code for evolving solutions to user-defined problems and functions. These results suggest that genetic programs are not well-suited to evolving complexity for critical asset protection because they cannot efficiently evolve solutions to complex problems, and introduce unacceptable performance penalties into solutions for simple ones.

  16. Realizalion of the 9200-MW Generation Assets

    Institute of Scientific and Technical Information of China (English)

    Peng Yuanchang; Yan Qingxu

    2007-01-01

    @@ With a process of disposition obeying market rules and a result of realization at a cost of 18.7 billion Yuan which is 56% excess, the State Electricity Regulatory Commission, the organizers for realization of the 9200-MW generation assets (the so-called "920 Project") didn't fail to accomplish its mission and withdrew the curtain of power reform in the 11th Five-Year period with a satisfactory performance.

  17. An Expert System for Asset Reconciliation.

    Science.gov (United States)

    1987-09-01

    Expert system technology appears to hold considerable promise for enhancing productivity and promoting better decision-making. The purpose of this...study was to determine if an expert system application for asset reconciliation could improve inventory management procedures and potentially produce...finding that documented a 15 percent increase in the effectiveness of inventory managers when assisted by an expert system . Research was conducted to

  18. Aging Systems Sustainment and Enabling Technologies (ASSET)

    Science.gov (United States)

    2012-08-14

    CAGE Code, (2) apply/confirm JCP, (3) validate capabilities, (4) perform baseline audit o\\’ current QMS, (5) initiate/provide ISO 9001 -2008 template...6) perform ISO based overview . (7) perform follow up audits when QMS system is in place. Several firms were confirmed to be, ISO 9001 -2008...compliant or ISO 9001 -2008 registered or registered AS 9100 Rev C firms. Based upon the classification of the ASSET projects, each firm was provided with

  19. Accounting for Leases of Biological Livestock Assets

    OpenAIRE

    Petro Suk

    2015-01-01

    The purpose of the article is the analysis and assessment of options of animals lease, disclosure of accounting for lease transactions and settlements between landlords and tenants. Biological livestock assets can be transferred in the financial and operating leases. The specific features of the lease are due to the fact that: a) the animals, as living organisms require constant care, regardless of their legal and de facto owner; b) a significant part of animal products produced in the farms ...

  20. Wealth Distributions in Asset Exchange Models

    CERN Document Server

    Krapivsky, P L

    2010-01-01

    How do individuals accumulate wealth as they interact economically? We outline the consequences of a simple microscopic model in which repeated pairwise exchanges of assets between individuals build the wealth distribution of a population. This distribution is determined for generic exchange rules --- transactions that involve a fixed amount or a fixed fraction of individual wealth, as well as random or greedy exchanges. In greedy multiplicative exchange, a continuously evolving power law wealth distribution arises, a feature that qualitatively mimics empirical observations.

  1. Analisis Pengaruh Company Size, Return on Assets, Financial Leverage, dan Operating Leverage terhadap Income Smoothing Practices pada Perusahaan Manufaktur yang Terdaftar di Bursa Efek Indonesia

    Directory of Open Access Journals (Sweden)

    Auditya Williyarto Pradana

    2012-05-01

    Full Text Available The primary objectives of this research is to learn the amounts of industrial company using income smoothing practices and effecting among company size, return on assets, financial leverage, and operating leverage with income smoothing practices neither simultaneous nor partial. Data secondary collected by industrial companies listed at Indonesian Stock Exchage and the journal preceding research persons. The sesults of this research describe that there are 11 from 31 samples of industrial company using income smoothing practices. Company size, Return on assets, and financial leverage have not any an effecting significant to income smoothing practices, and Operating leverage have an effecting significant to income smoothing practices, but Company size, Return on assets, Financial leverage, and Operating Leverage have the simultaneous effecting significants to income smoothing practices. The topic of this research can be continued using a certain industrial groups or added many new independence variables, because if compared to proceeding research persons who mention the same and differences of its.

  2. Emissions from Power Plant and Industrial Boiler Sector

    Data.gov (United States)

    U.S. Environmental Protection Agency — This asset provides hourly data on SO2, NOx, and CO2 emissions; gross load, steam load, and heat input; from electricity generation units and industrial boilers from...

  3. Management of Waqf Assets in Malaysia

    Directory of Open Access Journals (Sweden)

    Zunaidah Ab Hasan

    2015-12-01

    Full Text Available Waqf is one of the main mechanism in providing support for the development to all levels of the ummah more so for the underprivileged. Waqf institutions in Malaysia are under the jurisdiction of the 14 states rather than the Federal government. This paper reviews the development of waqf in Melaka, one of the states in Malaysia. It discusses a brief historical background, function and legal aspects of waqf matters. A brief information on the structure and administration of waqf in Melaka, Baitulmal is responsible for the sake of administering and managing such waqf assets in Melaka is also presented. This study is also concerned with examining of the current situation of development waqf asset; which is known as waqf saham in Melaka through the record by Majlis Agama Islam Melaka (MAIM. Yet, it is undeniably true that some challenges and impediments pertaining to the issues of developing waqf assets; inter alia, lack of fund and expertise, poor documentation and the record value of waqf property and others.

  4. Asset Building: integrating Research, Education and Practice

    Directory of Open Access Journals (Sweden)

    Michael Sherraden

    2000-05-01

    Full Text Available Asset building is an emerging concept in anti-poverty work in economically advanced nations. In the past, welfare states have defined poverty primarily in terms of income. While income is necessary to maintain consumption, saving and investment is also necessary if families and communities are to progress out of poverty over the long term. Asset building is a broad idea with many possible applications, including homeownership, microenterprise, and individual development accounts (IDAs. IDAs are matched saving accounts for low-wealth families. In this paper, the authors 1 describe asset building as a policy and practice innovation; 2 discuss results from two research projects, one on IDAs and a second on microenterprise; and 3 illustrate a strategy for education and advocacy. This work may serve as an example of simultaneous advances in research, education, and practice, wherein each aspect of the work is enriched by and contributes to the others. The strongest advances in social work proceed not by the separation of ideas, study, and application, but by their integration and mutual reinforcement.

  5. Institutional theory of privatization - nationalization assets

    Directory of Open Access Journals (Sweden)

    Sukharev Oleg, S.

    2015-03-01

    Full Text Available Introduce the basic provisions, principles and criteria of institutional theory of privatization-nationalization, asset management in the economy. Structural analysis of property in terms of its two basic elements - public and private property, introduced a model of cooperation between state and private sectors. The main attention is paid to the criteria for evaluating the performance of these types of property, as well as the rationale of the process of privatization and nationalization of property. Offers asset management principles - the privatization and nationalization of the economy to changes in the economic well-being, the price criterion is formulated privatization-nationalization of assets. Based on the study of the theoretical criteria for the privatization and nationalization of the economy, assesses the changes in the welfare of the economic system. Summarizes the conditions of the privatization and nationalization depending on the objectives of the public and private sectors. Assesses the optimal size of the public sector and derivation of the budget deficit, depending on the dynamics of the public and private sectors (in the framework of the dichotomy.

  6. Cosmos of science philosophical problems of the internal and external worlds

    CERN Document Server

    Earman, John

    1998-01-01

    The inaugural volume of the series, devoted to the work of philosopher Adolf Grünbaum, encompasses the philosophical problems of space, time, and cosmology, the nature of scientific methodology, and the foundations of psychoanalysis.

  7. Philosophical Ideas in Saussure's Theory of Language and Halliday' s Systemic Functional Grammar

    Institute of Scientific and Technical Information of China (English)

    郑映雪

    2011-01-01

    How Halliday's systemic functional grammar was affected by Saussure's theory of language and what the great significance of their philosophical ideas is.The paper explains those two problems from the clue of the philosophical ideas of language.

  8. USED NUCLEAR MATERIALS AT SAVANNAH RIVER SITE: ASSET OR WASTE?

    Energy Technology Data Exchange (ETDEWEB)

    Magoulas, V.

    2013-06-03

    The nuclear industry, both in the commercial and the government sectors, has generated large quantities of material that span the spectrum of usefulness, from highly valuable (“assets”) to worthless (“wastes”). In many cases, the decision parameters are clear. Transuranic waste and high level waste, for example, have no value, and is either in a final disposition path today, or – in the case of high level waste – awaiting a policy decision about final disposition. Other materials, though discardable, have intrinsic scientific or market value that may be hidden by the complexity, hazard, or cost of recovery. An informed decision process should acknowledge the asset value, or lack of value, of the complete inventory of materials, and the structure necessary to implement the range of possible options. It is important that informed decisions are made about the asset value for the variety of nuclear materials available. For example, there is a significant quantity of spent fuel available for recycle (an estimated $4 billion value in the Savannah River Site’s (SRS) L area alone); in fact, SRS has already blended down more than 300 metric tons of uranium for commercial reactor use. Over 34 metric tons of surplus plutonium is also on a path to be used as commercial fuel. There are other radiological materials that are routinely handled at the site in large quantities that should be viewed as strategically important and / or commercially viable. In some cases, these materials are irreplaceable domestically, and failure to consider their recovery could jeopardize our technological leadership or national defense. The inventories of nuclear materials at SRS that have been characterized as “waste” include isotopes of plutonium, uranium, americium, and helium. Although planning has been performed to establish the technical and regulatory bases for their discard and disposal, recovery of these materials is both economically attractive and in the national

  9. Research on Relationship between Investments in Fixed Assets and Market Performance in Telecommunications Industry: a Research Based on Panel Data from the 31 Provinces and Cities%电信产业固定资产投资额与市场绩效关系研究——基于31省市面板数据的研究

    Institute of Scientific and Technical Information of China (English)

    樊自甫; 梅丹

    2013-01-01

    使用STATA软件分析31个省、直辖市和自治区2002-2011年共10年的非平衡面板数据,重点在于研究各省市固定资产投资额与市场绩效的关系.结果表明,电信产业固定资产投资额与市场绩效呈倒U型关系,过多的固定资产投资额对市场绩效的增加无益.同时,结论也表明中国电信产业的固定电话用户规模已经对市场绩效的增长有所贡献,而移动电话用户规模和互联网网民规模对市场绩效的贡献不足.%In order to study the relationship between investments in fixed assets and market performance, the paper uses STATA software to analyze Non - equilibrium panel data from 31 provinces and cities. The result is that the relationship between investments in fixed assets and market performance is the inverted U - shape, which means too much investment in fixed assets is useless for market performance. We also find that fixed telephone subscribers pairs contribute to the market performance, while the contribution from mobile telephone subscribers and the scale of internet users is not enough.

  10. RAPID: Collaborative Commanding and Monitoring of Lunar Assets

    Science.gov (United States)

    Torres, Recaredo J.; Mittman, David S.; Powell, Mark W.; Norris, Jeffrey S.; Joswig, Joseph C.; Crockett, Thomas M.; Abramyan, Lucy; Shams, Khawaja S.; Wallick, Michael; Allan, Mark; Hirsh, Robert

    2011-01-01

    RAPID (Robot Application Programming Interface Delegate) software utilizes highly robust technology to facilitate commanding and monitoring of lunar assets. RAPID provides the ability for intercenter communication, since these assets are developed in multiple NASA centers. RAPID is targeted at the task of lunar operations; specifically, operations that deal with robotic assets, cranes, and astronaut spacesuits, often developed at different NASA centers. RAPID allows for a uniform way to command and monitor these assets. Commands can be issued to take images, and monitoring is done via telemetry data from the asset. There are two unique features to RAPID: First, it allows any operator from any NASA center to control any NASA lunar asset, regardless of location. Second, by abstracting the native language for specific assets to a common set of messages, an operator may control and monitor any NASA lunar asset by being trained only on the use of RAPID, rather than the specific asset. RAPID is easier to use and more powerful than its predecessor, the Astronaut Interface Device (AID). Utilizing the new robust middleware, DDS (Data Distribution System), developing in RAPID has increased significantly over the old middleware. The API is built upon the Java Eclipse Platform, which combined with DDS, provides platform-independent software architecture, simplifying development of RAPID components. As RAPID continues to evolve and new messages are being designed and implemented, operators for future lunar missions will have a rich environment for commanding and monitoring assets.

  11. Prospective Associations Among Assets and Successful Transition to Early Adulthood.

    Science.gov (United States)

    Oman, Roy F; Vesely, Sara K; Aspy, Cheryl B; Tolma, Eleni L

    2015-01-01

    Objectives. We investigated prospective associations among assets (e.g., family communication), which research has shown to protect youths from risk behavior, and successful transition to early adulthood (STEA). Methods. We included participants (n = 651) aged 18 years and older at study wave 5 (2007-2008) of the Youth Asset Study, in the Oklahoma City, Oklahoma, metro area, in the analyses. We categorized 14 assets into individual-, family-, or community-level groups. We included asset groups assessed at wave 1 (2003-2004) in linear regression analyses to predict STEA 4 years later at wave 5. Results. Individual- and community-level assets significantly (P assets participants possessed the better the STEA outcome. There was a gender interaction for family-level assets suggesting that family-level assets were significant predictors of STEA for males but not for females. Conclusions. Public health programming should focus on community- and family-level youth assets as well as individual-level youth assets to promote positive health outcomes in early adulthood.

  12. EVALUATION AND RECOGNITION OF INTANGIBLE FIXED ASSETS IN ACCORDANCE WITH NATIONAL AND INTERNATIONAL FINANCIAL REPORTING STANDARDS IAS / IFRS

    OpenAIRE

    Dorel MATES; Elena HLACIUC; Marian SOCOLIUC

    2009-01-01

    In a post-industrial economy based on knowledge, the value of business does not given only by physical production capacities, but also by other intangible components such as: trademarks, know-how, patents, technical drawings, etc. Many companies may be very valuable because of the control held on these intangible assets and not because of some tangible assets. It is especially the case of companies in areas that matter greatly the mark on which the property is sold and not necessarily the sol...

  13. 中国保险业资产配置与风险整合--基于虚实配比、Copula - CVaR 模型和 Monte Carlo 算法的实证研究%Research on Risks Integration and Asset Allocation in Chinese Insurance Industry---Based on Virtual Reality Matching,Copula - CVaR and Monte Carlo Algorithm

    Institute of Scientific and Technical Information of China (English)

    王大鹏; 赵正堂

    2016-01-01

    Chinese leverage ratio is lower than developed countries,but it has been on the rise. The risk from capital market,bank sector,even the currency market can transmit to the real economy. Though building Copula - CVaR model,we researched the integration risk in insurance industry. We researched the relevance of four assets yield rates. The Copula - CVaR model connects the yield rate distribution function with Monte Carlo simulating. By computing the CVaR of insurance industry we measured the value of the integration risks of the whole industry and found the best asset weight under the best CVaR. The empirical results show that in-creasing the proportion of bonds and stocks(funds)will increase the value of integration risks. We should in-vest more money to infrastructure,and pay more attention to real estate risk coved by the rising house price.%我国整体杠杆水平低于发达国家平均水平,但近年来上升较快,这是个值得深入考察的现象。资本市场、银行体系乃至货币市场中任何一个部门的风险都有可能传递至实体经济。为此,通过构建 Copu-la - CVaR 模型,考察中国保险业资产配置的整合风险。根据债券、股票&基金、房地产和基础设施四类资产收益率之间的相关性,以 Copula 函数将各资产收益率的分布函数连接起来,运用 Monte Carlo 模拟测算我国保险资金投资比例下的 CVaR 值,以此衡量我国保险业资产配置的整合风险价值,同时研究最优 CVaR 对应的保险资产配置比例。实证结果表明:t - Copula 函数较正态 Copula 函数能够更好地拟合我国保险业资产收益率状况,债券、股票&基金的投资比例增大会增加整合风险 CVaR 值;增加基础设施投资比例是可行的,但必须注意防范房地产价格上升掩盖的投资风险。

  14. The Student as Philosopher-Scientist: Dewey's Conception of Scientific Explanation in Science Education

    Science.gov (United States)

    Tschaepe, Mark D.

    2012-01-01

    Dewey's conception of scientific explanation, which has been neglected by both philosophers of science and philosophers of education, facilitates overcoming the seeming divide between teaching a highly technical and specialized subject matter and encouraging students to successfully engage in the experience of being philosopher-scientists. By…

  15. The Student as Philosopher-Scientist: Dewey's Conception of Scientific Explanation in Science Education

    Science.gov (United States)

    Tschaepe, Mark D.

    2012-01-01

    Dewey's conception of scientific explanation, which has been neglected by both philosophers of science and philosophers of education, facilitates overcoming the seeming divide between teaching a highly technical and specialized subject matter and encouraging students to successfully engage in the experience of being philosopher-scientists. By…

  16. Bayesians versus frequentists a philosophical debate on statistical reasoning

    CERN Document Server

    Vallverdú, Jordi

    2016-01-01

    This book analyzes the origins of statistical thinking as well as its related philosophical questions, such as causality, determinism or chance. Bayesian and frequentist approaches are subjected to a historical, cognitive and epistemological analysis, making it possible to not only compare the two competing theories, but to also find a potential solution. The work pursues a naturalistic approach, proceeding from the existence of numerosity in natural environments to the existence of contemporary formulas and methodologies to heuristic pragmatism, a concept introduced in the book’s final section. This monograph will be of interest to philosophers and historians of science and students in related fields. Despite the mathematical nature of the topic, no statistical background is required, making the book a valuable read for anyone interested in the history of statistics and human cognition.

  17. The quantum world philosophical debates on quantum physics

    CERN Document Server

    Zwirn, Hervé

    2017-01-01

    In this largely nontechnical book, eminent physicists and philosophers address the philosophical impact of recent advances in quantum physics. These are shown to shed new light on profound questions about realism, determinism, causality or locality. The participants contribute in the spirit of an open and honest discussion, reminiscent of the time when science and philosophy were inseparable. After the editors’ introduction, the next chapter reveals the strangeness of quantum mechanics and the subsequent discussions examine our notion of reality. The spotlight is then turned to the topic of decoherence. Bohm’s theory is critically examined in two chapters, and the relational interpretation of quantum mechanics is likewise described and discussed. The penultimate chapter presents a proposal for resolving the measurement problem, and finally the topic of loop quantum gravity is presented by one of its founding fathers, Carlo Rovelli. The original presentations and discussions on which this volume is based t...

  18. Philosophical and cultural perspectives on acoustics in Vedic Hinduism

    Science.gov (United States)

    Prasad, M. G.

    2001-05-01

    Acoustics plays a very important multi-faceted role in Vedic Hinduism. Vedas, that is an infinitely large collection of chants (mantras) in ancient Sanskrit language, form the foundational literature of Vedic Hinduism. The Vedic chants have specific acoustical qualities and intonations. The Vedic literature describes the various aspects of acoustics, namely, philosophical, spiritual, and cultural. The use of sounds from conch-shell, bells, cymbal in addition to the Vedic chants in rituals shows the spiritual aspects. Vedic literature discusses the role of sound in the philosophical understanding of our world. Music, both vocal and instrumental, plays an important role in the cultural aspects of Vedic Hinduism. It can be seen that certain musical instruments such as ``mridangam,'' a percussion drum, reflect scientific principles underlying in their design. This paper presents an overview of the various important and interesting roles of acoustics in Vedic Hinduism.

  19. Philosophical Hermeneutics and the Ethical Function of Architecture

    Directory of Open Access Journals (Sweden)

    Paul Kidder

    2011-01-01

    Full Text Available Karsten Harries’ book, The Ethical Function of Architecture, raises the question of how architecture can be interpretive of and for our time. Part of Harries’ pursuit of this question is done in dialogue with the philosophy of Martin Heidegger, whose evocatively expressed ontology of building and dwelling recovered, in philosophical and poetic terms, the power of buildings to symbolize and interpret the most fundamental truths of being and human existence. The present essay identifies contributions to this hermeneutic and ontological approach to architecture drawn from the philosophy of Hans-Georg Gadamer, emphasizing Gadamer’s notions of play (Spiel, symbol, and the relation of the present to the past. While Gadamer expanded upon Heidegger’s hermeneutic, he also diverged from Heidegger in ways that mitigate some of the difficulties that Harries and others have found with Heidegger’s archaism, rural romanticism, and singularity of philosophical focus.

  20. Education, ethics and democracy: philosophical considerations around citizenship building up

    Directory of Open Access Journals (Sweden)

    Nelson Orlando Vargas Montañez

    2012-06-01

    Full Text Available This article aims at showing the analysis of society from a philosophical perspective and the contributions of the Illustration around education, ethics and politics. Taking into account hermeneutics and history, it pretends to highlight the individual’s autonomous learning and the critical pedagogy as means to abolish an authoritarian system in order to give way to an emancipating pedagogy. Besides, philosophical considerations such as education, ethics and democracy are remarked in order to reflect on education as a determining stuff of the individual’s development because it is focused on educating upstanding human beings for the social and political life, able to build up a fair society framed by principles like freedom, security and justice.