Chemical and mechanical efficiencies of molecular motors and implications for motor mechanisms

International Nuclear Information System (INIS)

Wang Hongyun

2005-01-01

Molecular motors operate in an environment dominated by viscous friction and thermal fluctuations. The chemical reaction in a motor may produce an active force at the reaction site to directly move the motor forward. Alternatively a molecular motor may generate a unidirectional motion by rectifying thermal fluctuations using free energy barriers established in the chemical reaction. The reaction cycle has many occupancy states, each having a different effect on the motor motion. The average effect of the chemical reaction on the motor motion can be characterized by the motor potential profile. The biggest advantage of studying the motor potential profile is that it can be reconstructed from the time series of motor positions measured in single-molecule experiments. In this paper, we use the motor potential profile to express the Stokes efficiency as the product of the chemical efficiency and the mechanical efficiency. We show that both the chemical and mechanical efficiencies are bounded by 100% and, thus, are properly defined efficiencies. We discuss implications of high efficiencies for motor mechanisms: a mechanical efficiency close to 100% implies that the motor potential profile is close to a constant slope; a chemical efficiency close to 100% implies that (i) the chemical transitions are not slower than the mechanical motion and (ii) the equilibrium constant of each chemical transition is close to one

Promoting the market and system integration of renewable energies through premium schemes—A case study of the German market premium

International Nuclear Information System (INIS)

Gawel, Erik; Purkus, Alexandra

2013-01-01

With the share of renewable energies within the electricity sector rising, improving their market and system integration is of increasing importance. By offering plant operators a premium on top of the electricity market price, premium schemes represent an option to increase the alignment of renewable electricity production with market signals, and have been implemented by several EU member states. This paper examines the case study of the German market premium scheme adopted in 2012. Building on an evaluation of early experiences, we discuss whether the market premium contributes to the aims of market and/or system integration (effectiveness), and what potential efficiency gains and additional costs of “administering integration” are associated with it (efficiency). While exposing renewables to price risks is not the scheme’s purpose, it has successfully increased participation in direct marketing. However, risks of overcompensating producers for marketing and balancing costs are high, and the benefits of gradually leading plant operators towards the market are questionable. Incentives for demand-oriented production are established, but they seem insufficient particularly in the case of intermittent renewable energy sources. To conclude, we provide an outlook on alternative designs of premium schemes, and discuss whether they seem better suited for addressing the challenges ahead. - Highlights: • Premium schemes are used to align renewable energy sources (RES) with market signals. • We examine the effectiveness and efficiency of the German market premium scheme. • Participation in direct marketing has increased, but so have support costs. • For intermittent RES, incentives for demand-oriented production are insufficient. • Efficiency gains from exposing RES to market risks entail several trade-offs

14 CFR 198.13 - Premium insurance-payment of premiums.

Science.gov (United States)

2010-01-01

... 14 Aeronautics and Space 3 2010-01-01 2010-01-01 false Premium insurance-payment of premiums. 198... (CONTINUED) WAR RISK INSURANCE AVIATION INSURANCE § 198.13 Premium insurance—payment of premiums. The insured must pay the premium for insurance issued under this part within the stated period after receipt of...

Efficiency Characteristics of Low Power Hybrid Switched Reluctance Motor

DEFF Research Database (Denmark)

Jakobsen, Uffe; Ahn, Jin-Woo

2009-01-01

Switched reluctance motors (SRM) are usually considered inferior in terms of efficiency as compared to permanent magnet synchronous motors (PMSM) and brushless DC-motors (BLDC), but less costly. This article presents a test of a 70W hybrid switched reluctance motor (HSRM), that archieves a peak...... efficiency for the motor drive of more than 74%, and an efficiency for the motor of almost 80%....

Energy-efficient electric motors study

Energy Technology Data Exchange (ETDEWEB)

1981-03-23

The study identifies the industrial decision makers, investigated the information they needed to know, how they can best be reached, and the motivating factors for purchasing energy-efficient electric motors. A survey was conducted of purchasers of integral horsepower polyphase motors. The survey measured current knowledge of and awareness of energy-efficient motors, decision-making criteria, information sources, purchase and usage patterns, and related factors. The survey data were used for the electric motor market penetration analysis. Additionally, a telephone survey was made. The study also provides analyses of distribution channels, commercialization constraints, and the impacts of government programs and rising energy prices. A description of study findings, conclusions, and recommendations is presented. Sample questionnaires and copies of letters to respondents are presented in 3 appendices. Appendices D and E contain descriptions of the methods used. (MCW)

Actions to promote energy efficient electric motors. Motors study group

Energy Technology Data Exchange (ETDEWEB)

Almeida, A.T. de [Coimbra Univ. (PT). Inst. of Systems and Robotics (ISR)

1996-10-01

Motor electricity consumption is influenced by many factors including: motor efficiency, motor speed controls, power supply quality, harmonics, systems oversizing, distribution network, mechanical transmission system, maintenance practices, load management and cycling, and the efficiency of the end-use device (e.g. fan, pump, etc.). Due to their importance, an overview of these factors is presented in this report. This study also describes the electricity use in the industrial and tertiary sectors and the electricity consumption associated with the different types of electric motors systems in the Member States of the European Union, as well as estimated future evolution until 2010. The studies for individual countries were carried out by the different partners of the motors study group at a previous stage. The study has found that there is a lack of accurate information about the motor electricity consumption, installed motor capacity and the motor market in almost all the European Union countries and only some general statistical sources are available. There is little field data, which is mainly available in Denmark, France, Italy and the Netherlands. Due to this lack of primary information, some common assumptions were made, based on the experience of the members of the study group. This lack of end-use characterisation data shows the need for improvement from the point of view of current knowledge. It is therefore recommended that further research is undertaken to arrive at more accurate figures. These could be the basis for a better understanding for motor use in practice and - as a consequence - for a more precise appraisal of potentials and barriers to energy efficiency. (orig.)

High efficiency motor selection handbook

Science.gov (United States)

McCoy, Gilbert A.; Litman, Todd; Douglass, John G.

1990-10-01

Substantial reductions in energy and operational costs can be achieved through the use of energy-efficient electric motors. A handbook was compiled to help industry identify opportunities for cost-effective application of these motors. It covers the economic and operational factors to be considered when motor purchase decisions are being made. Its audience includes plant managers, plant engineers, and others interested in energy management or preventative maintenance programs.

What drives insurer participation and premiums in the Federally-Facilitated Marketplace?

Science.gov (United States)

Abraham, Jean Marie; Drake, Coleman; McCullough, Jeffrey S; Simon, Kosali

2017-12-01

We investigate determinants of market entry and premiums within the context of the Affordable Care Act's Marketplaces for individual insurance. Using Bresnahan and Reiss (1991) as the conceptual framework, we study how competition and firm heterogeneity relate to premiums in 36 states using Federally Facilitated or Supported Marketplaces in 2016. Our primary data source is the Qualified Health Plan Landscape File, augmented with market characteristics from the American Community Survey and Area Health Resource File as well as insurer-level information from federal Medical Loss Ratio annual reports. We first estimate a model of insurer entry and then investigate the relationship between a market's predicted number of entrants and insurer-level premiums. Our entry model results suggest that competition is increasing with the number of insurers, most notably as the market size increases from 3 to 4 entrants. Results from the premium regression suggest that each additional entrant is associated with approximately 4% lower premiums, controlling for other factors. An alternative explanation for the relationship between entrants and premiums is that more efficient insurers (who can price lower) are the ones that enter markets with many entrants, and this is reflected in lower premiums. An exploratory analysis of insurers' non-claims costs (a proxy for insurer efficiency) reveals that average costs among entrants are rising slightly with the number of insurers in the market. This pattern does not support the hypothesis that premiums decrease with more entrants because those entrants are more efficient, suggesting instead that the results are being driven mostly by price competition.

Lightweight High Efficiency Electric Motors for Space Applications

Science.gov (United States)

Robertson, Glen A.; Tyler, Tony R.; Piper, P. J.

2011-01-01

Lightweight high efficiency electric motors are needed across a wide range of space applications from - thrust vector actuator control for launch and flight applications to - general vehicle, base camp habitat and experiment control for various mechanisms to - robotics for various stationary and mobile space exploration missions. QM Power?s Parallel Path Magnetic Technology Motors have slowly proven themselves to be a leading motor technology in this area; winning a NASA Phase II for "Lightweight High Efficiency Electric Motors and Actuators for Low Temperature Mobility and Robotics Applications" a US Army Phase II SBIR for "Improved Robot Actuator Motors for Medical Applications", an NSF Phase II SBIR for "Novel Low-Cost Electric Motors for Variable Speed Applications" and a DOE SBIR Phase I for "High Efficiency Commercial Refrigeration Motors" Parallel Path Magnetic Technology obtains the benefits of using permanent magnets while minimizing the historical trade-offs/limitations found in conventional permanent magnet designs. The resulting devices are smaller, lower weight, lower cost and have higher efficiency than competitive permanent magnet and non-permanent magnet designs. QM Power?s motors have been extensively tested and successfully validated by multiple commercial and aerospace customers and partners as Boeing Research and Technology. Prototypes have been made between 0.1 and 10 HP. They are also in the process of scaling motors to over 100kW with their development partners. In this paper, Parallel Path Magnetic Technology Motors will be discussed; specifically addressing their higher efficiency, higher power density, lighter weight, smaller physical size, higher low end torque, wider power zone, cooler temperatures, and greater reliability with lower cost and significant environment benefit for the same peak output power compared to typically motors. A further discussion on the inherent redundancy of these motors for space applications will be provided.

Efficient direct coal liquefaction of a premium brown coal catalyzed by cobalt-promoted fumed oxides

Energy Technology Data Exchange (ETDEWEB)

Trautmann, M.; Loewe, A.; Traa, Y. [Stuttgart Univ. (Germany). Inst. of Chemical Technology

2013-11-01

The search for alternatives in the fuel sector is an important technological challenge. An interim solution could be provided by direct coal liquefaction. Hydrogen economy and the lack of an efficient catalyst are the main obstacles for this process. We used a premium German brown coal with a high H/C molar ratio of 1.25 and nanostructured cobalt catalysts to improve the efficiency of direct coal liquefaction. We were able to recover and recycle the catalyst efficiently and reached good brown coal conversions and oil yields with single-stage coal liquefaction. The oil quality observed almost reached that of a conventional crude oil considering higher heating value (HHV), H/C molar ratio and aliphatic content. (orig.)

Energetics and efficiency of a molecular motor model

International Nuclear Information System (INIS)

Fogedby, Hans C; Svane, Axel

2013-01-01

The energetics and efficiency of a linear molecular motor model proposed by Mogilner et al are analyzed from an analytical point of view. The model, which is based on protein friction with a track, is described by coupled Langevin equations for the motion in combination with coupled master equations for the ATP hydrolysis. Here the energetics and efficiency of the motor are addressed using a many body scheme with focus on the efficiency at maximum power (EMP). It is found that the EMP is reduced from about 10% in a heuristic description of the motor to about 1 per mille when incorporating the full motor dynamics, owing to the strong dissipation associated with the motor action. (paper)

Behavior of high efficiency electric motors; Comportamiento de motores electricos de alta eficiencia

Energy Technology Data Exchange (ETDEWEB)

Bonett, Austin H. [IEEE, (United States)

2001-09-01

The energy efficiency is one of the main parameters in the design of the industrial motors of general purpose; nevertheless, it is avoided that it is at the cost of the reliability or to the global performance of the motor. Exist user groups of this equipment that consider that, in the search of a greater efficiency, the useful life period is diminished and the characteristics of operation of the motor are affected. During the past last years, the author has studied the aspects of quality and reliability, as well as the operative advantages of the high efficiency motors and written down the increasing interest for these aspects. Also he has detected that a great number of users has realized that, additionally to the obvious energy saving, the efficient motor offers a greater reliability and a longer useful life in most of the industrial applications. The objective of this article is to present the differences in the quality levels, reliability and operation parameters of high efficiency squirrel cage type electrical motors with those of the motors of standard manufacture. [Spanish] La eficiencia energetica es uno de los principales parametros en el diseno de los motores industriales de proposito general; sin embargo, se evita que sea a costa de la confiabilidad o del desempeno global del motor. Existen grupos de usuarios de estos equipos que consideran que, en la busqueda de una mayor eficiencia, se disminuye el periodo de vida util y se afectan las caracteristicas de operacion del motor. Durante los ultimos anos, el autor ha estudiado los aspectos de calidad y confiabilidad, asi como las ventajas operativas de los motores de alta eficiencia y anotado el incremento del interes por estos aspectos. Tambien ha detectado que un gran numero de usuarios se ha dado cuenta que, adicionalmente a los obvios ahorros de energia, el motor eficiente ofrece una mayor confiabilidad y una vida util mas larga en la mayoria de las aplicaciones industriales. El objetivo de este

Increasing induction motors efficiency by reducing electromagnetic loads

Directory of Open Access Journals (Sweden)

Olivian Chiver

2014-12-01

Full Text Available The efficiency of any device is a major problem today. The design and construction of high efficiency motors is strongly required from the viewpoint of reducing energy consumption and protecting the environment. This paper deal with the problem of improving efficiency by reducing electrical and magnetic loads of these motors. Using the finite elements method (FEM, the authors will study the influence of these changes on the parameters and characteristics of the initial motor.

Research on High-efficient Remanufacturing Technologies and Application of Electric Motor

Science.gov (United States)

Liu, Ren; Zhao, Yuejin; Yang, Xu; Wang, Gen

2017-09-01

The energy conservation of electric motor system is the key of industrial energy conservation. With the implementation and acceleration of electric motor energy efficiency improvement plan, more and more electric motors are knocked out. High-efficient remanufacturing of electric motor refers to improving the efficiency of electric motor and recycling the resources by replacing the winding, iron core and other components of electric motor on the basis of the low-efficient/outdated electric motors, which conforms to China’s policy of circular economy and resource recovery. The remanufacturing of electric motor not only maximizes the use of resources, but also reduces the energy consumption generated by reprocessing of cast iron, silicon steel sheet and other materials in dismantling of electric motor. However, structures and iron core materials used in design and manufacture of electric motors are different, and the degrees of wear of electric motors are also different under different operating conditions, which further result in diversified design schemes, increased remanufacturing cost and reduced remanufacturing efficiency. This paper analyzes the key process technologies for remanufacturing of electric motors are researched by analyzing the remanufacturing technologies of electric motors, and presents the feasibility to replace the cast-aluminum rotor with cast-copper rotor in high-efficient remanufacturing process of electric motor.

Energy-efficient electric motors study

Science.gov (United States)

1981-03-01

A survey conducted of purchasers of integral horsepower polyphase motors measured current knowledge of and awareness of energy efficient motors, decision making criteria, information sources, purchase and usage patterns, and related factors. The data obtained were used for the electric motor market penetration analysis. Additionally, a telephone survey was made. The study also provides analyses of distribution channels, commercialization constraints, and the impacts of government programs and rising energy prices. Study findings, conclusions, and recommendations are presented. Sample questionnaires and copies of letters to respondents are presented in appendices as well as descriptions of the methods used.

Efficiency Measurement Using a Motor-Dynamo Module

Science.gov (United States)

Ng, Pun-hon; Wong, Siu-ling; Mak, Se-yuen

2009-01-01

In this article, we describe a simple method which can be used to measure the efficiency of a low power dc motor, a motor-converted dynamo and a coupled motor-dynamo module as a function of the speed of rotation. The result can also be used to verify Faraday's law of electromagnetic induction. (Contains 1 table and 8 figures.)

Electric motor systems in developing countries: Opportunities for efficiency improvement

Energy Technology Data Exchange (ETDEWEB)

Meyers, S.; Monahan, P.; Lewis, P.; Greenberg, S. [Lawrence Berkeley Lab., CA (United States); Nadel, S. [American Council for an Energy-Efficient Economy, Washington, DC (United States)

1993-08-01

This report presents an overview of the current status and efficiency improvement potential of industrial motor systems in developing countries. Better management of electric motor systems is of particular relevance in developing countries, where improved efficiency can lead to increased productivity and slower growth in electricity demand. Motor systems currently consume some 65--80% of the industrial electricity in developing countries. Drawing on studies from Thailand, India, Brazil, China, Pakistan, and Costa Rica, we describe potential efficiency gains in various parts of the motor system, from the electricity delivery system through the motor to the point where useful work is performed. We report evidence of a significant electricity conservation potential. Most of the efficiency improvement methods we examine are very cost-effective from a societal viewpoint, but are generally not implemented due to various barriers that deter their adoption. Drawing on experiences in North America, we discuss a range of policies to overcome these barriers, including education, training, minimum efficiency standards, motor efficiency testing protocols, technical assistance programs, and financial incentives.

Energy efficiency improvements in electric motors and drives

Energy Technology Data Exchange (ETDEWEB)

Bertoldi, P. [Commission of the European Communities, Brussels (Belgium). Directorate General for Energy; Ameida, A.T. de [Coimbra Univ. (Portugal). Dept. de Engenharia Electrotecnica; Falkner, H. [eds.] [AEA Technolgy, Harwell (United Kingdom). ETSU

2000-07-01

This book covers the state of the art of energy-efficient electric motor technologies, which can be used now and in the near future to achieve significant and cost-effective energy savings. Recent developments in advanced motor technologies by some of the largest manufacturers of motors and drives are also presented. Although energy-efficient motor technologies can save a huge amount of electricity, they still have not been widely adopted. The barriers which can hinder the adoption of those technologies are presented. Policies and programmes to promote the large scale penetration of energy-efficient technologies and the market transformation are featured in the book, describing the experiences carried out in different parts of the world. This extensive coverage includes contributions from relevant institutions in the European Union, North America, Latin America, Japan, Australia and New Zealand. (orig.)

Decreasing Relative Risk Premium

DEFF Research Database (Denmark)

Hansen, Frank

relative risk premium in the small implies decreasing relative risk premium in the large, and decreasing relative risk premium everywhere implies risk aversion. We finally show that preferences with decreasing relative risk premium may be equivalently expressed in terms of certain preferences on risky......We consider the risk premium demanded by a decision maker with wealth x in order to be indifferent between obtaining a new level of wealth y1 with certainty, or to participate in a lottery which either results in unchanged present wealth or a level of wealth y2 > y1. We define the relative risk...... premium as the quotient between the risk premium and the increase in wealth y1–x which the decision maker puts on the line by choosing the lottery in place of receiving y1 with certainty. We study preferences such that the relative risk premium is a decreasing function of present wealth, and we determine...

Downside Variance Risk Premium

OpenAIRE

Feunou, Bruno; Jahan-Parvar, Mohammad; Okou, Cedric

2015-01-01

We propose a new decomposition of the variance risk premium in terms of upside and downside variance risk premia. The difference between upside and downside variance risk premia is a measure of skewness risk premium. We establish that the downside variance risk premium is the main component of the variance risk premium, and that the skewness risk premium is a priced factor with significant prediction power for aggregate excess returns. Our empirical investigation highlights the positive and s...

Efficient IEC permanent-magnet motor (3 kW) - Final report; Effizienter IEC Permanent-Magnet-Motor (3 kW) - Schlussbericht

Energy Technology Data Exchange (ETDEWEB)

Lindegger, M. [Circle Motor AG, Guemligen (Switzerland); Biner, H. P.; Evequoz, B. [Haute Ecole valaisanne, Sion (Switzerland); Salathe, D. [Hochschule Luzern, Technik und Architektur, Horw (Switzerland)

2008-04-15

Efficient permanent-magnet motors achieve in the area up to 100 kW a higher efficiency than induction machines (standard motors). A simple and fast energy saving option is the exchange of inefficient standard motors. The objective of this work is to install a 3 kW permanent-magnet motor in a standard IEC housing and the optimization of the design for high efficiency. Another objective is the development and the realization of an efficient variable speed control. The efficiency of the motor and the inverter with the control system must be demonstrated by tests. These tasks have been split between Circle Motor AG and the universities of applied sciences of Valais and Lucerne. Considering high-efficiency and low manufacturing cost, a brushless DC solution was adopted. This resulted in an optimum design of the motor and the control system realized with a three-phase rectifier, a buck converter with variable DC voltage, and a three-phase inverter feeding full positive and negative current to two of the legs simultaneously. The maximum measured efficiency is about 96.5% for the inverter and 92% for the motor. With the advantage of the variable speed operation, the efficiency of the realized 3 kW permanent magnet motor together with the control system is always higher than the efficiency of a measured class EFF1 induction motor, even with a direct connection to the grid. The permanent-magnet motor is also about 10 kg lighter. The cost calculation shows that the permanent-magnet motor can be competitive with the induction motor when speed control is desired. This is also the domain with the largest potential for energy savings from variable speed pumps, compressors, fans. (author)

System and method to determine electric motor efficiency using an equivalent circuit

Science.gov (United States)

Lu, Bin [Kenosha, WI; Habetler, Thomas G [Snellville, GA

2011-06-07

A system and method for determining electric motor efficiency includes a monitoring system having a processor programmed to determine efficiency of an electric motor under load while the electric motor is online. The determination of motor efficiency is independent of a rotor speed measurement. Further, the efficiency is based on a determination of stator winding resistance, an input voltage, and an input current. The determination of the stator winding resistance occurs while the electric motor under load is online.

A Framework to Survey the Energy Efficiency of Installed Motor Systems

Energy Technology Data Exchange (ETDEWEB)

Rao, Prakash; Hasanbeigi, Ali; McKane, Aimee

2013-08-01

While motors are ubiquitous throughout the globe, there is insufficient data to properly assess their level of energy efficiency across regional boundaries. Furthermore, many of the existing data sets focus on motor efficiency and neglect the connected drive and system. Without a comprehensive survey of the installed motor system base, a baseline energy efficiency of a country or region’s motor systems cannot be developed. The lack of data impedes government agencies, utilities, manufacturers, distributers, and energy managers when identifying where to invest resources to capture potential energy savings, creating programs aimed at reducing electrical energy consumption, or quantifying the impacts of such programs. This paper will outline a data collection framework for use when conducting a survey under a variety of execution models to characterize motor system energy efficiency within a country or region. The framework is intended to standardize the data collected ensuring consistency across independently conducted surveys. Consistency allows for the surveys to be leveraged against each other enabling comparisons to motor system energy efficiencies from other regions. In creating the framework, an analysis of various motor driven systems, including compressed air, pumping, and fan systems, was conducted and relevant parameters characterizing the efficiency of these systems were identified. A database using the framework will enable policymakers and industry to better assess the improvement potential of their installed motor system base particularly with respect to other regions, assisting in efforts to promote improvements to the energy efficiency of motor driven systems.

Motor systems energy efficiency supply curves: A methodology for assessing the energy efficiency potential of industrial motor systems

International Nuclear Information System (INIS)

McKane, Aimee; Hasanbeigi, Ali

2011-01-01

Motor-driven equipment accounts for approximately 60% of manufacturing final electricity use worldwide. A major barrier to effective policymaking, and to more global acceptance of the energy efficiency potential in industrial motor systems, is the lack of a transparent methodology for quantifying the magnitude and cost-effectiveness of these energy savings. This paper presents the results of groundbreaking analyses conducted for five countries and one region to begin to address this barrier. Using a combination of expert opinion and available data from the United States, Canada, the European Union, Thailand, Vietnam, and Brazil, bottom-up energy efficiency supply curve models were constructed to estimate the cost-effective electricity efficiency potentials and CO 2 emission reduction for three types of motor systems (compressed air, pumping, and fan) in industry for the selected countries/region. Based on these analyses, the share of cost-effective electricity saving potential of these systems as compared to the total motor system energy use in the base year varies between 27% and 49% for pumping, 21% and 47% for compressed air, and 14% and 46% for fan systems. The total technical saving potential varies between 43% and 57% for pumping, 29% and 56% for compressed air, and 27% and 46% for fan systems. - Highlights: → Development of conservation supply curves for the industrial motor systems. → An innovative approach combining available aggregate country-level data with expert opinion. → Results show both cost-effective and technical potential for energy saving and their costs. → Policy implication of the results are briefly discussed.

Assessing Energy Efficiency Opportunities in US Industrial and Commercial Building Motor Systems

Energy Technology Data Exchange (ETDEWEB)

Rao, Prakash; Sheaffer, Paul; McKane, Aimee; Scheihing, Paul

2015-09-01

In 2002, the United States Department of Energy (USDOE) published an energy efficiency assessment of U.S. industrial sector motor systems titled United States Industrial Electric Motor Systems Market Opportunities Assessment. The assessment advanced motor system efficiency by providing a greater understanding of the energy consumption, use characteristics, and energy efficiency improvement potential of industrial sector motor systems in the U.S. Since 2002, regulations such as Minimum Energy Performance Standards, cost reductions for motor system components such as variable frequency drives, system-integrated motor-driven equipment, and awareness programs for motor system energy efficiency have changed the landscape of U.S. motor system energy consumption. To capture the new landscape, the USDOE has initiated a three-year Motor System Market Assessment (MSMA), led by Lawrence Berkeley National Laboratory (LBNL). The MSMA will assess the energy consumption, operational and maintenance characteristics, and efficiency improvement opportunity of U.S. industrial sector and commercial building motor systems. As part of the MSMA, a significant effort is currently underway to conduct field assessments of motor systems from a sample of facilities representative of U.S. commercial and industrial motor system energy consumption. The Field Assessment Plan used for these assessments builds on recent LBNL research presented at EEMODS 2011 and EEMODS 2013 using methods for characterizing and determining regional motor system energy efficiency opportunities. This paper provides an update on the development and progress of the MSMA, focusing on the Field Assessment Plan and the framework for assessing the global supply chain for emerging motors and drive technologies.

Exposure of Petrol Station Attendants and Auto Mechanics to Premium Motor Sprit Fumes in Calabar, Nigeria

Directory of Open Access Journals (Sweden)

N. E. Udonwa

2009-01-01

Full Text Available A population-based-cross-sectional survey was carried out to investigate the potential risk of exposure to premium motor spirit (PMS fumes in Calabar, Nigeria, among Automobile Mechanics (AM, Petrol Station Attendants (PSA and the general population. Structured questionnaire was administered on the randomly chosen subjects to elicit information on their exposure to PMS. Duration of exposure was taken as the length of work in their various occupations. Venous blood was taken for methaemoglobin (MetHb and packed cells volume (PCV. Mean MetHb value was higher in AM (7.3% and PSA (5.8% than in the subjects from the general population (2.7%. PCV was lower in PSA (30.8%, than AM (33.3% and the subjects from the general population (40.8%. MetHb level was directly proportional, and PCV inversely related, to the duration of exposure. The study suggested increased exposure to petrol fumes among AM, PSA, and MetHb as a useful biomarker in determining the level of exposure to benzene in petrol vapour.

24 CFR 232.805 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 232.805 Section... FACILITIES Contract Rights and Obligations Premiums § 232.805 Insurance premiums. (a) First premium. The... insurance premium equal to one percent of the original face amount of the note. (b) Second premium. The...

24 CFR 241.805 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 241.805 Section... Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.805 Insurance premiums. (a) First premium. The... insurance premium equal to one percent of the original face amount of the note. (b) Second premium. The...

Premium Auctions and Risk Preferences

NARCIS (Netherlands)

Hu, A.; Offerman, T.J.S.; Zou, L.

2010-01-01

In a premium auction, the seller offers some "pay back", called premium, to the highest bidders. This paper investigates how the performance of such premium tactic is related to the participant's risk preferences. By developing an English premium auction model with symmetric interdependent values,

Analysis of Valve Requirements for High-Efficiency Digital Displacement Fluid Power Motors

DEFF Research Database (Denmark)

Rømer, Daniel; Johansen, Per; Pedersen, Henrik C.

2013-01-01

Digital displacement fluid power motors have been shown to enable high-efficiency operation in a wide operation range, including the part load range where conventional fluid power motors suffers from poor efficiencies. The use of these digital displacement motors set new requirements for the valve...... transition time and flow-pressure coefficient are normalized, leading to a presentation of the general efficiency map of the digital displacement motor. Finally the performance of existing commercial valves with respect to digital motors is commented....

Efficiency optimized control of medium-size induction motor drives

DEFF Research Database (Denmark)

Abrahamsen, F.; Blaabjerg, Frede; Pedersen, John Kim

2000-01-01

The efficiency of a variable speed induction motor drive can be optimized by adaption of the motor flux level to the load torque. In small drives (<10 kW) this can be done without considering the relatively small converter losses, but for medium-size drives (10-1000 kW) the losses can not be disr......The efficiency of a variable speed induction motor drive can be optimized by adaption of the motor flux level to the load torque. In small drives (... not be disregarded without further analysis. The importance of the converter losses on efficiency optimization in medium-size drives is analyzed in this paper. Based on the experiments with a 90 kW drive it is found that it is not critical if the converter losses are neglected in the control, except...... that the robustness towards load disturbances may unnecessarily be reduced. Both displacement power factor and model-based efficiency optimizing control methods perform well in medium-size drives. The last strategy is also tested on a 22 kW drive with good results....

Efficient foot motor control by Neymar’s brain

Directory of Open Access Journals (Sweden)

Eiichi eNaito

2014-08-01

Full Text Available How very long-term (over many years motor skill training shapes internal motor representation remains poorly understood. We provide valuable evidence that the football brain of Neymar da Silva Santos Júnior (the Brasilian footballer recruits very limited neural resources in the motor-cortical foot regions during foot movements. We scanned his brain activity with a 3-tesla functional magnetic resonance imaging (fMRI while he rotated his right ankle at 1Hz. We also scanned brain activity when three other age-controlled professional footballers, two top-athlete swimmers and one amateur footballer performed the identical task. A comparison was made between Neymar’s brain activity with that obtained from the others. We found activations in the left medial-wall foot motor regions during the foot movements consistently across all participants. However, the size and intensity of medial-wall activity was smaller in the four professional footballers than in the three other participants, despite no difference in amount of foot movement. Surprisingly, the reduced recruitment of medial-wall foot motor regions became apparent in Neymar. His medial-wall activity was smallest among all participants with absolutely no difference in amount of foot movement. Neymar may efficiently control given foot movements probably by largely conserving motor-cortical neural resources. We discuss this possibility in terms of over-years motor skill training effect, use-dependent plasticity, and efficient motor control.

Variable-Rate Premiums

Data.gov (United States)

Pension Benefit Guaranty Corporation — These interest rates are used to value vested benefits for variable rate premium purposes as described in PBGC's regulation on Premium Rates (29 CFR Part 4006) and...

Energetics and efficiency of a molecular motor model

DEFF Research Database (Denmark)

C. Fogedby, Hans; Svane, Axel

2013-01-01

The energetics and efficiency of a linear molecular motor model proposed by Mogilner et al. (Phys. Lett. 237, 297 (1998)) is analyzed from an analytical point of view. The model which is based on protein friction with a track is described by coupled Langevin equations for the motion in combination...... when incorporating the full motor dynamics, owing to the strong dissipation associated with the motor action....

Assessment of the achieved savings from induction motors energy efficiency labeling in Brazil

International Nuclear Information System (INIS)

Bortoni, E.C.; Nogueira, L.A.H.; Cardoso, R.B.; Haddad, J.; Souza, E.P.; Dias, M.V.X.; Yamachita, R.A.

2013-01-01

Highlights: • We have modeled the influence of the increase of efficiency of motors. • The amount of saved energy is estimated. • The work deals with the “measurement” of a non-consumed energy. • The influence of the motor useful life is taken into account. • The influence of efficiency decrease along the motor life is also taken into account. - Abstract: Since 1995 Brazil has been applying its labeling program to increase the efficiency of application of many household appliances and equipment. From 2003 on inductions motors have also been receiving the PROCEL prize, which helped push motors efficiency over than those limits established by the labeling program. Therefore, this work presents the development of a model to estimate the amount of savings obtained with the usage of the PROCEL endorsement labels in standard and in energy efficient motors. The estimated peak demand reduction is also inferred. The developed model makes the usage of sales information and of a discard function to estimate the Brazilian motor stock. Approaches such as the use of efficiency loading and efficiency aging factors are employed to estimate motors consumption

Recommendations for the use of high efficiency motors; Recomendaciones para la utilizacion de motores de alta eficiencia

Energy Technology Data Exchange (ETDEWEB)

Buitron Sanchez, Horacio [Comision Federal de Electricidad, Mexico, D. F. (Mexico)

1994-12-31

In this paper the most important characteristics of the high efficiency motors are examined and the use of these motors as an alternative for the saving and efficient use of the electrical energy is proposed. The operating cost is analyzed in relation with similar standard motors and several suggestions that can help to justify its application are given. [Espanol] En este trabajo se examinan las caracteristicas relevantes de los motores de alta eficiencia y se plantea su utilizacion como alternativa para el ahorro y uso eficiente de la energia electrica. Se analiza su costo de operacion, en relacion con motores estandar similares y se dan varias sugerencias que pueden ayudar a justificar su aplicacion.

Recommendations for the use of high efficiency motors; Recomendaciones para la utilizacion de motores de alta eficiencia

Energy Technology Data Exchange (ETDEWEB)

Buitron Sanchez, Horacio [Comision Federal de Electricidad, Mexico, D. F. (Mexico)

1993-12-31

In this paper the most important characteristics of the high efficiency motors are examined and the use of these motors as an alternative for the saving and efficient use of the electrical energy is proposed. The operating cost is analyzed in relation with similar standard motors and several suggestions that can help to justify its application are given. [Espanol] En este trabajo se examinan las caracteristicas relevantes de los motores de alta eficiencia y se plantea su utilizacion como alternativa para el ahorro y uso eficiente de la energia electrica. Se analiza su costo de operacion, en relacion con motores estandar similares y se dan varias sugerencias que pueden ayudar a justificar su aplicacion.

42 CFR 403.254 - Calculation of premiums.

Science.gov (United States)

2010-10-01

... rate credits. (4) Unearned premium reserve means the portion of gross premiums due that provide for...) Written premiums for the period; plus— (ii) The total premium reserve at the beginning of the period; less— (iii) The total premium reserve at the end of the period. (2) Written premiums in a period means— (i...

Energy Efficiency Standards of Induction Motors, ¿Are you Prepared Latin America?

Directory of Open Access Journals (Sweden)

Carlos M. Londoño-Parra

2013-06-01

Full Text Available In Colombia the regulatory process regarding the energy efficiency of end-use prod-ucts is emerging with the draft technical regulation product labeling RETIQ, which includes in Annex E, the test methods for determining the efficiency of motors alternat-ing current induction. The goal of this paper is to compare the energy efficiency of induction motors between the countries of Latin America and the countries of the major economies of the globe, considering four aspects: the current state of classification standards and test procedures of induction motors efficiency, multilateral agreements of mutual recognition, the infrastructure to conduct tests of the standard and support programs to improve the efficiency of electric motor-driven systems. The study reveals that Latin America is a considerable delay in the implementation of classification standards and methods for testing the efficiency of electric motors, most widely used in the world: IEC 60034-30:2008, IEC 60034-2-1: 2007 IEEE 112:2004 and EPAct'92, with respect to the countries of the European Union, United States, China, Australia, and other developed countries, in which these standards have been adopted. Furthermore, the region is evident in the absence of programs focused on improving the energy efficiency of electric motors and a limited number of accredited laboratories to evaluate their efficiency, which leads to most Latin American countries to establish agreements mutual recognition for this purpose.

Energy Efficiency Standards of Induction Motors, ¿Are you Prepared Latin America?

Directory of Open Access Journals (Sweden)

Carlos M. Londoño-Parra

2013-06-01

Full Text Available In Colombia the regulatory process regarding the energy efficiency of end-use products is emerging with the draft technical regulation product labeling RETIQ, which includes in Annex E, the test methods for determining the efficiency of motors alternating current induction. The goal of this paper is to compare the energy efficiency of induction motors between the countries of Latin America and the countries of the major economies of the globe, considering four aspects: the current state of classification standards and test procedures of induction motors efficiency, multilateral agreements of mutual recognition, the infrastructure to conduct tests of the standard and support programs to improve the efficiency of electric motor-driven systems. The study reveals that Latin America is a considerable delay in the implementation of classification standards and methods for testing the efficiency of electric motors, most widely used in the world: IEC 60034-30:2008, IEC 60034-2-1: 2007 IEEE 112:2004 and EPAct'92, with respect to the countries of the European Union, United States, China, Australia, and other developed countries, in which these standards have been adopted. Furthermore, the region is evident in the absence of programs focused on improving the energy efficiency of electric motors and a limited number of accredited laboratories to evaluate their efficiency, which leads to most Latin American countries to establish agreements mutual recognition for this purpose.

Simple Motor Control Concept Results High Efficiency at High Velocities

Science.gov (United States)

Starin, Scott; Engel, Chris

2013-09-01

The need for high velocity motors in space applications for reaction wheels and detectors has stressed the limits of Brushless Permanent Magnet Motors (BPMM). Due to inherent hysteresis core losses, conventional BPMMs try to balance the need for torque verses hysteresis losses. Cong-less motors have significantly less hysteresis losses but suffer from lower efficiencies. Additionally, the inherent low inductance in cog-less motors result in high ripple currents or high switching frequencies, which lowers overall efficiency and increases performance demands on the control electronics.However, using a somewhat forgotten but fully qualified technology of Isotropic Magnet Motors (IMM), extremely high velocities may be achieved at low power input using conventional drive electronics. This paper will discuss the trade study efforts and empirical test data on a 34,000 RPM IMM.

Industry agreement on efficient electrical motors

International Nuclear Information System (INIS)

Schnyder, G.

2004-01-01

This comprehensive final report presents the results of a project carried out on behalf of the Swiss Federal Office of Energy (SFOE) and the Swiss Automation Pool (SAP) concerning the efficiency of electrical drives. The main goal of the project was to conclude a target agreement between the federal government and the Swiss electric motors/drives industry. This involves the promotion of the highest, 'eff1' energy-efficiency category of the three categories defined by the European Committee of Manufacturers of Electrical Machines and Power Electronics (CEMP). The report presents the findings of the project and recommends the banning of the use of motors in the lowest, 'eff3' category. Comparisons are made between the CEMP standards and further standards and promotion programmes in the USA and in Great Britain. Associated measures to be taken to aid the promotion of the drive standard are discussed

28 CFR 345.52 - Premium pay.

Science.gov (United States)

2010-07-01

... 28 Judicial Administration 2 2010-07-01 2010-07-01 false Premium pay. 345.52 Section 345.52... (FPI) INMATE WORK PROGRAMS Inmate Pay and Benefits § 345.52 Premium pay. Payment of premium pay to... inmates at a location. (a) Eligibility. Inmates in first grade pay status may be considered for premium...

34 CFR 682.505 - Insurance premium.

Science.gov (United States)

2010-07-01

... 34 Education 3 2010-07-01 2010-07-01 false Insurance premium. 682.505 Section 682.505 Education... § 682.505 Insurance premium. (a) General. The Secretary charges the lender an insurance premium for each Federal GSL Program loan that is guaranteed, except that no insurance premium is charged on a Federal...

Hall devices improve electric motor efficiency

Science.gov (United States)

Haeussermann, W.

1979-01-01

Efficiency of electric motors and generators is reduced by radial magnetic forces created by symmetric fields within device. Forces are sensed and counteracted by Hall devices on excitation or control windings. Hall generators directly measure and provide compensating control of anu asymmetry, eliminating additional measurements needed for calibration feedback control loop.

High-efficiency electric motors: An analysis of a feasible tariff policy for Brazil

International Nuclear Information System (INIS)

Paiva Delgado, M.A. de; Tolmasquim, M.T.

1997-01-01

The main objective is to calculate an average value for an electricity tariff which will facilitate the introduction of high-efficiency electric motors in the production sector. Two computational models will be developed for technical-economic evaluation to assess economic attractiveness by calculating feasible average electricity tariffs in order to create a market for substitution of standard motors by new high-efficiency models (Purchase Decision Model) as well as to determine if retrofitting of standard installed motors by others with high-efficiency characteristics is viable, and, if so, to specify the optimum timing for such substitution (Substitution Decision Model). It should be noted that the Purchase Decision Model takes into account power factor adjustment and the Substitution Decision Model incorporates considerations as to reduction in the electromechanical performance of operating motors. Results indicate that even where average electricity tariffs are low, as in Brazil, high-efficiency motors are economically attractive compared to standard motors. There is an obvious need for complementary instruments to assist massive market penetration

5 CFR 890.1208 - Premiums.

Science.gov (United States)

2010-01-01

... 599C(e) of Public Law 101-513. (b) If the individual is not covered under this subpart for the full pay period, premiums are paid only for the days he or she is actually covered. The daily premium rate is an amount equal to the monthly premium rate multiplied by 12 and divided by 365. (c) The payments required...

Reluctance motor of new design with improved efficiency and power factor

Energy Technology Data Exchange (ETDEWEB)

Hansen-Goos, P; Pieper, W

1981-09-01

Improvement of operating conditions and efficiency by development of new configurations of lamination and production methods for reluctance motors. Investigations during the starting-up period and of the operating behaviour in connection with variable frequency. Reluctance motors are designed in the range from 0,6-4kW with 4-pole winding. They are due to the following identification: 1. The power of motors is in accordance with VDE 42673. 2. The volume of lamination is equal to asynchronous motors of the same IED size. 3. Synchronous pull-out torque is in compliance with VDE 0530: Msub(K)sub(S) > 1,35 Mn (nominal torque). As against standard reluctance motors the following improvements with the new ones have been realized: 4. Increase of nominal power by approx. 100%. 5. Increase of quality factor by approx. 50%. 6. The efficiency is equal to asynchronous motors of the same IEC size.

Compressor motor for air conditioners realizing high efficiency and low cost; Kokoritsu tei cost wo jitsugenshita eakonyo asshukuki motor

Energy Technology Data Exchange (ETDEWEB)

Inaba, Y.; Kawamura, K.; Imazawa, K. [Toshiba Corp., Tokyo (Japan)

2000-01-01

The compressor motor accounts for most of the consumption of electric power in an air conditioner. To promote energy-saving, Toshiba has been progressively changing the compressor motors in its air conditioners to high-efficiency brushless DC motors. We have now developed a new compressor motor in order to achieve even greater energy-saving. A concentrated winding system was adopted featuring direct winding on the teeth of the stator core, for the first time in the industry. As a result, it was possible to realize a high-efficiency, compact, lightweight, and low-cost motor. Moreover, by constructing a new system for production, we were able to improve productivity and quality. The newly developed motor is expected to contribute to the further diffusion of energy-saving air conditioners. (author)

Premium indexing in lifelong health insurance

NARCIS (Netherlands)

Vercruysse, W.; Dhaene, J.; Denuit, M.; Pitacco, E.; Antonio, K.

2013-01-01

For lifelong health insurance covers, medical inflation not incorporated in the level premiums determined at policy issue requires an appropriate increase of these premiums and/or the corresponding reserves during the term of the contract. In this paper, we investigate appropriate premium indexing

Premiums And Reserves, Adjusted By Distortions

OpenAIRE

Pichler, Alois

2013-01-01

The net-premium principle is considered to be the most genuine and fair premium principle in actuarial applications. However, an insurance company, applying the net-premium principle, goes bankrupt with probability one in the long run, even if the company covers its entire costs by collecting the respective fees from its customers. It is therefore an intrinsic necessity for the insurance industry to apply premium principles, which guarantee at least further existence of the company itself; ot...

Tort law and medical malpractice insurance premiums.

Science.gov (United States)

Kilgore, Meredith L; Morrisey, Michael A; Nelson, Leonard J

2006-01-01

This paper estimated the effects of tort law and insurer investment returns on physician malpractice insurance premiums. Data were collected on tort law from 1991 through 2004, and multivariate regression models, including fixed effects for state and year, were used to estimate the effect of changes in tort law on medical malpractice premiums. The premium consequences of national policy changes were simulated. The analysis found that the introduction of a new damage cap lowered malpractice premiums for internal medicine, general surgery, and obstetrics/gynecology by 17.3%, 20.7%, and 25.5%, respectively. Lowering damage caps by dollar 100,000 reduced premiums by 4%. Statutes of repose also resulted in lower premiums. No other tort law changes had the effect of lowering premiums. Simulation results indicate that a national cap of dollar 250,000 on awards for noneconomic damages in all states would imply premium savings of dollar 16.9 billion. Extending a dollar 250,000 cap to all states that do not currently have them would save dollar 1.4 billion annually, or about 8% of the total. A negative effect on malpractice premiums was found for the Dow Jones industrial average, but not for bond prices; effects of the Nasdaq index were not significant for internal medicine, but were marginally significant for surgery and obstetrics premiums.

5 CFR 892.303 - Can I pay my premiums directly by check under the premium conversion plan?

Science.gov (United States)

2010-01-01

... under the premium conversion plan? 892.303 Section 892.303 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Contributions and Withholdings § 892.303 Can I pay my premiums directly...

24 CFR 220.804 - Insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premiums. 220.804 Section... and Obligations-Projects Insured Project Improvement Loans § 220.804 Insurance premiums. (a) First premium. The lender, upon the initial endorsement of the loan for insurance, shall pay to the Commissioner...

42 CFR 60.14 - The insurance premium.

Science.gov (United States)

2010-10-01

... 42 Public Health 1 2010-10-01 2010-10-01 false The insurance premium. 60.14 Section 60.14 Public... LOAN PROGRAM The Loan § 60.14 The insurance premium. (a) General. (1) The Secretary insures each lender... lender an insurance premium. The insurance premium is due to the Secretary on the date of disbursement of...

42 CFR 423.780 - Premium subsidy.

Science.gov (United States)

2010-10-01

...) MEDICARE PROGRAM VOLUNTARY MEDICARE PRESCRIPTION DRUG BENEFIT Premiums and Cost-Sharing Subsidies for Low... 42 Public Health 3 2010-10-01 2010-10-01 false Premium subsidy. 423.780 Section 423.780 Public...-service plans or 1876 cost plans) in a PDP region in the reference month. (ii) Premium amounts. The...

24 CFR 203.443 - Insurance premium.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Insurance premium. 203.443 Section... premium. All of the provisions of §§ 203.260 through 203.269 1 concerning mortgage insurance premiums... DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES SINGLE...

Standardization on the specification, test and evaluation of high efficiency motors and inverters

Energy Technology Data Exchange (ETDEWEB)

Kim, Kil Yong [Korea Electric Power Corp. (KEPCO), Taejon (Korea, Republic of). Research Center; Hyun, Chang Soon [Korea Academy of Industrial Technology, Incheon (Korea, Republic of)

1995-12-31

Most of the power systems energy is consumed by electrical motors. This report proposes a method for the standardization on the specification, test and evaluation of the high efficiency motors and related inverters. The results of this report can be referred to the rebate program for promoting the use of high efficiency motors and inverters (author). 26 refs., 102 figs.

Revision of the standards in the application of high efficiency induction motors; Revision de la normatividad en la aplicacionon de motores, de induccion, de eficiencia alta

Energy Technology Data Exchange (ETDEWEB)

Acoltzi Acoltzi, Higinio [Instituto de Investigaciones Electricas, Temixco, Morelos (Mexico)

2001-07-01

In this work the elements contained in the national and international standards to obtain the benefits in the application of high efficiency electrical motors are presented. A table of associated normal and minimum efficiency is presented, and one with values of nominal efficiency at full load for totally enclosed motors of standard efficiency, for opened motors of standard efficiency and high efficiency. Graphs are given where the comparison of nominal efficiencies is shown for AC induction motors to closed and opened poles. [Spanish] En este trabajo se presentan los elementos contenidos en las normas nacionales e internacionales para conseguir los beneficios en la aplicacion de motores electricos de eficiencia alta. Se muestra una tabla de eficiencia normal y minima asociados, y una con valores de eficiencia nominal a plena carga para motores cerrados de eficiencia estandar, para motores abiertos de eficiencia estandar y de eficiencia alta. Se da graficas donde se muestra la comparacion de eficiencias nominales, para motores de CA de induccion, a polos cerrados y a polos abiertos.

PREMIUMS CALCULATION FOR LIFE INSURANCE

Directory of Open Access Journals (Sweden)

ANA PREDA

2012-10-01

Full Text Available The paper presents the techniques and the formulas used on international practice for establishing the premiums for a life policy. The formulas are generally based on a series of indicators named mortality indicators which mainly point out the insured survival probability, the death probability and life expectancy at certain age. I determined, using a case study, the unique net premium, the annual net premium for a survival insurance, whole life insurance and mixed life insurance.

Induction Motors Most Efficient Operation Points in Pumped Storage Systems

DEFF Research Database (Denmark)

Busca-Forcos, Andreea; Marinescu, Corneliu; Busca, Cristian

2015-01-01

A clear focus is nowadays on developing and improving the energy storage technologies. Pumped storage is a well-established one, and is capable of enhancing the integration of renewable energy sources. Pumped storage has an efficiency between 70-80%, and each of its elements affects it. Increased...... efficiency is desired especially when operating with renewable energy systems, which present low energy conversion factor (up to 50% - performance coefficient for wind turbines, and efficiency up to 40% for photovoltaic systems). In this paper the most efficient operation points of the induction motors...... in pumped storage systems are established. The variable speed operation of the pumped storage systems and motor loading conditions for pump applications have been the key factors for achieving the purpose of the paper....

Energy, economic and environmental benefits of using high-efficiency motors to replace standard motors for the Malaysian industries

International Nuclear Information System (INIS)

Saidur, R.; Mahlia, T.M.I.

2010-01-01

Electric motors use major share (i.e. about 30-80% of total industrial energy consumption) of total industrial energy use around the world. Experiences from other countries show that government intervention in the form of regulations such as mandatory and voluntary approaches can save sizeable amount of energy along with the reduction in emissions associated with energy savings. This paper presents potential energy savings by introducing high-efficiency motors as a case study in Malaysian industrial sector. Emission reductions associated with the energy savings has been estimated and presented as well. It was also estimated that a cumulative amount of 1940 and 892 GWh of energy can be saved for 20 and 120 kW motors, respectively, in Malaysia relative to BAU over the next 10 years. Similarly, a cumulative amount of USD 100 million and USD 60 million can be saved as utility bills for the same motor categories. It has been found that the payback period of different capacities of motors are less than a year. Based on results, it was found that 1789 million kg of CO 2 emission can be avoided by replacing standard motors with high-efficiency motors.

A model for improving energy efficiency in industrial motor system using multicriteria analysis

International Nuclear Information System (INIS)

Herrero Sola, Antonio Vanderley; Mota, Caroline Maria de Miranda; Kovaleski, Joao Luiz

2011-01-01

In the last years, several policies have been proposed by governments and global institutions in order to improve the efficient use of energy in industries worldwide. However, projects in industrial motor systems require new approach, mainly in decision making area, considering the organizational barriers for energy efficiency. Despite the wide application, multicriteria methods remain unexplored in industrial motor systems until now. This paper proposes a multicriteria model using the PROMETHEE II method, with the aim of ranking alternatives for induction motors replacement. A comparative analysis of the model, applied to a Brazilian industry, has shown that multicriteria analysis presents better performance on energy saving as well as return on investments than single criterion. The paper strongly recommends the dissemination of multicriteria decision aiding as a policy to support the decision makers in industries and to improve energy efficiency in electric motor systems. - Highlights: → Lack of decision model in industrial motor system is the main motivation of the research. → A multicriteria model based on PROMETHEE method is proposed with the aim of supporting the decision makers in industries. → The model can contribute to transpose some barriers within the industries, improving the energy efficiency in industrial motor system.

A model for improving energy efficiency in industrial motor system using multicriteria analysis

Energy Technology Data Exchange (ETDEWEB)

Herrero Sola, Antonio Vanderley, E-mail: sola@utfpr.edu.br [Federal University of Technology, Parana, Brazil (UTFPR)-Campus Ponta Grossa, Av. Monteiro Lobato, Km 4, CEP: 84016-210 (Brazil); Mota, Caroline Maria de Miranda, E-mail: carolmm@ufpe.br [Federal University of Pernambuco, Cx. Postal 7462, CEP 50630-970, Recife (Brazil); Kovaleski, Joao Luiz [Federal University of Technology, Parana, Brazil (UTFPR)-Campus Ponta Grossa, Av. Monteiro Lobato, Km 4, CEP: 84016-210 (Brazil)

2011-06-15

In the last years, several policies have been proposed by governments and global institutions in order to improve the efficient use of energy in industries worldwide. However, projects in industrial motor systems require new approach, mainly in decision making area, considering the organizational barriers for energy efficiency. Despite the wide application, multicriteria methods remain unexplored in industrial motor systems until now. This paper proposes a multicriteria model using the PROMETHEE II method, with the aim of ranking alternatives for induction motors replacement. A comparative analysis of the model, applied to a Brazilian industry, has shown that multicriteria analysis presents better performance on energy saving as well as return on investments than single criterion. The paper strongly recommends the dissemination of multicriteria decision aiding as a policy to support the decision makers in industries and to improve energy efficiency in electric motor systems. - Highlights: > Lack of decision model in industrial motor system is the main motivation of the research. > A multicriteria model based on PROMETHEE method is proposed with the aim of supporting the decision makers in industries. > The model can contribute to transpose some barriers within the industries, improving the energy efficiency in industrial motor system.

Energy-Efficiency Policy Opportunities for Electric Motor-Driven Systems

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

This publication is the first global analysis of energy consumption and energy efficiency potential of EMDS (electric motor- driven system). The electric motors and systems they drive are the largest single electricity end use, accounting for more than 40% of global electricity consumption. Huge energy efficiency potential was found untapped in EMDS - around 25% of EMDS electricity use could be saved cost-effectively, reducing total global electricity demand by about 10%. However, the energy efficiency of EMDS has been relatively neglected in comparison with other sustainable energy opportunities. It is crucial to scale up the operations and resources committed to realizing the vast savings potential of optimized EMDS. This paper proposes a comprehensive package of policy recommendations to help governments realize the potential for energy savings in EMDS.

The Dutch premium principle

NARCIS (Netherlands)

van Heerwaarden, A.E.; Kaas, R.

1992-01-01

A premium principle is derived, in which the loading for a risk is the reinsurance loading for an excess-of-loss cover. It is shown that the principle is well-behaved in the sense that it results in larger premiums for risks that are larger in stop-loss order or in stochastic dominance.

Employer contribution and premium growth in health insurance.

Science.gov (United States)

Liu, Yiyan; Jin, Ginger Zhe

2015-01-01

We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium increase, and 2) each health plan has an incentive to increase the employer's premium contribution to that plan. Both incentives are found to contribute to premium growth. Counterfactual simulation shows that average premium would have been 10% less than observed and the federal government would have saved 15% per year on its premium contribution had the subsidy policy change not occurred in the FEHBP. We discuss the potential of similar incentives in other government-subsidized insurance systems such as the Medicare Part D and the Health Insurance Marketplace under the Affordable Care Act. Copyright © 2014 Elsevier B.V. All rights reserved.

78 FR 666 - Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward

Science.gov (United States)

2013-01-04

...-BL29 Treasury Inflation-Protected Securities Issued at a Premium; Bond Premium Carryforward AGENCY... contains final regulations that provide guidance on the tax treatment of Treasury Inflation-Protected... regulations in this document provide guidance to holders of Treasury Inflation-Protected Securities and other...

FUZZY-LOGIC-BASED CONTROLLERS FOR EFFICIENCY OPTIMIZATION OF INVERTER-FED INDUCTION MOTOR DRIVES

Science.gov (United States)

This paper describes a fuzzy-logic-based energy optimizing controller to improve the efficiency of induction motor/drives operating at various load (torque) and speed conditions. Improvement of induction motor efficiency is important not only from the considerations of energy sav...

Signaling and the Education Premium

OpenAIRE

Gregory Kurtzon

2004-01-01

A large portion of the rise in the education premium can be explained by a signaling theory of education which predicts that in the future, increases in the education level of the workforce will actually cause the education premium to rise, simply because different workers are being labeled as “highly educated†. This prediction is supported by past behavior of the high school education premium. It runs counter to the view that increases in the relative supply of high education workers wil...

The Onsager reciprocity relation and generalized efficiency of a thermal Brownian motor

International Nuclear Information System (INIS)

Tian-Fu, Gao; Jin-Can, Chen; Yue, Zhang

2009-01-01

Based on a general model of Brownian motors, the Onsager coefficients and generalized efficiency of a thermal Brownian motor are calculated analytically. It is found that the Onsager reciprocity relation holds and the Onsager coefficients are not affected by the kinetic energy change due to the particle's motion. Only when the heat leak in the system is negligible can the determinant of the Onsager matrix vanish. Moreover, the influence of the main parameters characterizing the model on the generalized efficiency of the Brownian motor is discussed in detail. The characteristic curves of the generalized efficiency varying with these parameters are presented, and the maximum generalized efficiency and the corresponding optimum parameters are determined. The results obtained here are of general significance. They are used to analyze the performance characteristics of the Brownian motors operating in the three interesting cases with zero heat leak, zero average drift velocity or a linear response relation, so that some important conclusions in current references are directly included in some limit cases of the present paper. (general)

Comparison of Seafood and Agricultural Ecological Premiums1

OpenAIRE

Ankamah-Yeboah, Isaac; Nielsen, Max; Nielsen, Rasmus

2017-01-01

The report compares ecolabeled seafood premiums observed in the market with consumers’ stated willingness to pay premiums. Also ecolabeled premiums in the agricultural sector were examined. The next issue addressed was the sensitivity of changes in the price and premiums of ecolabeled seafood. Empirical findings showed that all things being equal, consumers stated willingness to pay reflects in their actual market behavior though they may pay less than stated. Premiums observed in the aquacul...

Study on Enhanceing Mechanisim and Policy on Energy Efficiency of Electrical Motor System in China

Science.gov (United States)

Liu, Ren; Zhao, Yuejin; Liu, Meng; Chen, Lili; Yang, Ming

2017-12-01

Motor is a kind of terminal energy-consumption equipment with the maximum power consumption in China every year; compared with international advanced level, the technical innovation of motor equipment, speed regulating system, drive system and automatic intelligent control technique in China still lag behind relatively; the standard technical service support system of motor system is not complete, the energy conserving transformation mode needs to be innovated, and the market development mechanism of motor industry is not perfect, etc. This paper analyzes the promotion mechanism and policy on energy efficiency of the motor system in China in recent years, studies the demonstration cases of successful promotion of high-efficiency motor, standard labeling, financial finance and tax policy, and puts forward suggestions on promotion of high-efficiency motor in China.

Properties of Foreign Exchange Risk Premiums

DEFF Research Database (Denmark)

Sarno, Lucio; Schneider, Paul; Wagner, Christian

2012-01-01

We study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate. These risk premiums arise endogenously from the no-arbitrage condition relating the term structure of ...... and are closely related to global risk aversion, the business cycle, and traditional exchange rate fundamentals.......We study the properties of foreign exchange risk premiums that can explain the forward bias puzzle, defined as the tendency of high-interest rate currencies to appreciate rather than depreciate. These risk premiums arise endogenously from the no-arbitrage condition relating the term structure...... of interest rates and exchange rates. Estimating affine (multi-currency) term structure models reveals a noticeable tradeoff between matching depreciation rates and accuracy in pricing bonds. Risk premiums implied by our global affine model generate unbiased predictions for currency excess returns...

Employer Contribution and Premium Growth in Health Insurance

OpenAIRE

Yiyan Liu; Ginger Zhe Jin

2013-01-01

We study whether employer premium contribution schemes could impact the pricing behavior of health plans and contribute to rising premiums. Using 1991-2011 data before and after a 1999 premium subsidy policy change in the Federal Employees Health Benefits Program (FEHBP), we find that the employer premium contribution scheme has a differential impact on health plan pricing based on two market incentives: 1) consumers are less price sensitive when they only need to pay part of the premium incr...

Quantitative concept tests of organic premium meat products

OpenAIRE

Chrysochou , Polymeros; Krystallis Krontalis, Athanasios

2015-01-01

This report is part of WP6 of the SUMMER project. The aim is to investigate how consumers perceive organic premium products and if they are willing to pay a price premium for these products. We conducted an experiment with 426 Danish consumers, in which we manipulate production method (organic vs. conventional), premium production (premium vs. non-premium) and extrinsic quality (high vs. low) across three meat products (pork, beef and chicken). Our findings show that consumers perceive organi...

Motor network efficiency and disability in multiple sclerosis

Science.gov (United States)

Yaldizli, Özgür; Sethi, Varun; Muhlert, Nils; Liu, Zheng; Samson, Rebecca S.; Altmann, Daniel R.; Ron, Maria A.; Wheeler-Kingshott, Claudia A.M.; Miller, David H.; Chard, Declan T.

2015-01-01

Objective: To develop a composite MRI-based measure of motor network integrity, and determine if it explains disability better than conventional MRI measures in patients with multiple sclerosis (MS). Methods: Tract density imaging and constrained spherical deconvolution tractography were used to identify motor network connections in 22 controls. Fractional anisotropy (FA), magnetization transfer ratio (MTR), and normalized volume were computed in each tract in 71 people with relapse onset MS. Principal component analysis was used to distill the FA, MTR, and tract volume data into a single metric for each tract, which in turn was used to compute a composite measure of motor network efficiency (composite NE) using graph theory. Associations were investigated between the Expanded Disability Status Scale (EDSS) and the following MRI measures: composite motor NE, NE calculated using FA alone, FA averaged in the combined motor network tracts, brain T2 lesion volume, brain parenchymal fraction, normal-appearing white matter MTR, and cervical cord cross-sectional area. Results: In univariable analysis, composite motor NE explained 58% of the variation in EDSS in the whole MS group, more than twice that of the other MRI measures investigated. In a multivariable regression model, only composite NE and disease duration were independently associated with EDSS. Conclusions: A composite MRI measure of motor NE was able to predict disability substantially better than conventional non-network-based MRI measures. PMID:26320199

Economic analysis of Brazilian policies for energy efficient electric motors

International Nuclear Information System (INIS)

Andrade, Cássio Tersandro de Castro; Pontes, Ricardo Silva Thé

2017-01-01

Brazil is leading several energy efficiency initiatives and has ambitious goals for 2030, according to the Brazilian National Energy Plan 2030. One of the main initiatives is the minimum efficiency performance standards (MEPS) program for energy-driven equipment and the electric motors appear as the most significant one (49% share of the total electricity consumption). The MEPS levels set new grades for efficiency, and then manufacturers and consumers have to conform to the new products and costs. Policy makers have to economically assess the effects of these MEPS in order to maintain the market stability. Since the benefits of this program come from future energy savings, this cost-effective analysis has to consider the parameters uncertainty and the results should reinforce the market players’ confidence. Thus, the goal of this work is, first, to analyze the economic viability of the MEPS transitions in Brazil considering the uncertainty of the parameters involved and then, to estimate the effects of this program on the energy savings goals for 2030. At the end, we also verify whether this investment in energy efficiency is competitive with other forms of investments in energy. - Highlights: • A cost-effectiveness method with uncertainty for efficiency program is presented. • Savings from electric motors MEPS program makes the 2030 Brazilian goals possible. • Electric motors MEPS program cost-effectiveness in Brazil is confirmed. • Saved energy cost from efficiency improvement is a competitive energy investment.

Design of spoke type motor and magnetizer for improving efficiency based rare-earth-free permanent-magnet motor

Science.gov (United States)

Kim, Young Hyun; Cheon, Byung Chul; Lee, Jung Ho

2018-05-01

This study proposes criteria for both optimal-shape and magnetizer-system designs to be used for a high-output spoke-type motor. The study also examines methods of reducing high-cogging torque and torque ripple, to prevent noise and vibration. The optimal design of the stator and rotor can be enhanced using both a response surface method and finite element method. In addition, a magnetizer system is optimally designed for the magnetization of permanent magnets for use in the motor. Finally, this study verifies that the proposed motor can efficiently replace interior permanent magnet synchronous motor in many industries.

Design of spoke type motor and magnetizer for improving efficiency based rare-earth-free permanent-magnet motor

Directory of Open Access Journals (Sweden)

Young Hyun Kim

2018-05-01

Full Text Available This study proposes criteria for both optimal-shape and magnetizer-system designs to be used for a high-output spoke-type motor. The study also examines methods of reducing high-cogging torque and torque ripple, to prevent noise and vibration. The optimal design of the stator and rotor can be enhanced using both a response surface method and finite element method. In addition, a magnetizer system is optimally designed for the magnetization of permanent magnets for use in the motor. Finally, this study verifies that the proposed motor can efficiently replace interior permanent magnet synchronous motor in many industries.

The urban density premium across establishments

OpenAIRE

R. Jason Faberman; Matthew Freedman

2013-01-01

We use longitudinal microdata to estimate the urban density premium for U.S. establishments, controlling for observed establishment characteristics and dynamic establishment behavior. Consistent with previous studies, we estimate a density premium between 6 and 10 percent, even after controlling for establishment composition, local skill mix, and the endogeneity of location choice. More importantly, we find that the estimated density premium is realized almost entirely at birth and is constan...

Curb Your Premium

DEFF Research Database (Denmark)

Amaral-Garcia, Sofia; Grembi, Veronica

2014-01-01

institutional setting. In particular, we implement a difference-in-differences strategy using Italian data at the provider level from 2001 to 2008 to evaluate the impact of monitoring claims on medical liability expenditures, measured as insurance premiums and legal expenditures, which was adopted by only some...... Regions. Our results show that this information-enhancing policy reduces paid premiums by around 15%. This reduced-form effect might arise by higher bargaining power on the demand side or increased competition on the supply side of the insurance market. Validity tests show that our findings are not driven...

24 CFR 241.1030 - Mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 241... Loans-Eligibility Requirements § 241.1030 Mortgage insurance premiums. The lender, upon endorsement of the note, shall pay the Commissioner a first mortgage insurance premium equal to 0.5 percent of the...

49 CFR 260.15 - Credit risk premium.

Science.gov (United States)

2010-10-01

... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium. 260.15 Section 260.15... REHABILITATION AND IMPROVEMENT FINANCING PROGRAM Overview § 260.15 Credit risk premium. (a) Where available... pay to the Administrator a Credit Risk Premium adequate to cover that portion of the subsidy cost not...

24 CFR 221.254 - Mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premiums. 221... Cost Homes § 221.254 Mortgage insurance premiums. (a) All of the provisions of §§ 203.260 through 203.295 of this chapter relating to mortgage insurance premiums shall apply to mortgages insured under...

Risk premium in the UK natural gas forward market

International Nuclear Information System (INIS)

Hobaek Haff, Ingrid; Lindqvist, Ola; Loeland, Anders

2008-01-01

This report investigates the UK natural gas market, and tests whether it is a fair-game efficient forward market, using forward contracts ranging from one to five months time to delivery. The forward and spot price series are separately non-stationary, but cointegrated. Furthermore, the forward prices are biased predictors of both the future spot and the 1-month-ahead forward price. The risk premium on the forward prices is positive, as opposed to the US gas market, where the risk premium was found to be negative in similar work. Moreover, the analysis reveals that the storage model is an incomplete model for the relationship between the spot and forward prices. However, storage has a clear effect on this relationship, an effect that appears to be non-linear. (author)

Premium Forecasting of AN Insurance Company:

Science.gov (United States)

Fouladvand, M. Ebrahim; Darooneh, Amir H.

We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, the total number of insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence of a crossover premium pc below which the company is operating at a loss. Above pc, we also give a detailed statistical analysis of the company's financial status and obtain the predicted profit along with the corresponding risk as well as ruin probability in terms of premium. Furthermore we obtain the optimal premium popt which maximizes the company's profit.

System Efficiency Improvement for Electric Vehicles Adopting a Permanent Magnet Synchronous Motor Direct Drive System

Directory of Open Access Journals (Sweden)

Chengming Zhang

2017-12-01

Full Text Available To improve the endurance mileage of electric vehicles (EVs, it is important to decrease the energy consumption of the Permanent Magnet Synchronous Motor (PMSM drive system. This paper proposes a novel loss optimization control strategy named system efficiency improvement control which can optimize both inverter and motor losses. A nonlinear power converter loss model is built to fit the nonlinear characteristics of power devices. This paper uses double Fourier integral analysis to analytically calculate the fundamental and harmonic components of motor current by which the fundamental motor loss and harmonic motor loss can be accurately analyzed. From these loss models, a whole-frequency-domain system loss model is derived and presented. Based on the system loss model, the system efficiency improvement control method applies the genetic algorithm to adjust the motor current and PWM frequency together to optimize the inverter and motor losses by which the system efficiency can be significantly improved without seriously influence on the system stability over the whole operation range of EVs. The optimal effects of system efficiency is verified by the experimental results in both Si-IGBT-based PMSM system and SiC-MOSFET-based system.

Advertising non-premium products as if they were premium: The impact of advertising up on advertising elasticity and brand equity

NARCIS (Netherlands)

Guitart, I.A. (Ivan A.); Gonzalez, J. (Jorge); S. Stremersch (Stefan)

2018-01-01

textabstractNon-premium brands occasionally emulate their premium counterparts by using ads that emphasize premium characteristics such as superior performance and exclusivity. We define this practice as “advertising up” and develop hypotheses about its short- and long-term impact on advertising

Employee responses to health insurance premium increases.

Science.gov (United States)

Goldman, Dana P; Leibowitz, Arleen A; Robalino, David A

2004-01-01

To determine the sensitivity of employees' health insurance decisions--including the decision to not choose health maintenance organization or fee-for-service coverage--during periods of rapidly escalating healthcare costs. A retrospective cohort study of employee plan choices at a single large firm with a "cafeteria-style" benefits plan wherein employees paid all the additional cost of purchasing more generous insurance. We modeled the probability that an employee would drop coverage or switch plans in response to employee premium increases using data from a single large US company with employees across 47 states during the 3-year period of 1989 through 1991, a time of large premium increases within and across plans. Premium increases induced substantial plan switching. Single employees were more likely to respond to premium increases by dropping coverage, whereas families tended to switch to another plan. Premium increases of 10% induced 7% of single employees to drop or severely cut back on coverage; 13% to switch to another plan; and 80% to remain in their existing plan. Similar figures for those with family coverage were 11%, 12%, and 77%, respectively. Simulation results that control for known covariates show similar increases. When faced with a dramatic increase in premiums--on the order of 20%--nearly one fifth of the single employees dropped coverage compared with 10% of those with family coverage. Employee coverage decisions are sensitive to rapidly increasing premiums, and single employees may be likely to drop coverage. This finding suggests that sustained premium increases could induce substantial increases in the number of uninsured individuals.

24 CFR 266.602 - Mortgage insurance premium: Insured advances.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Insured... Contract Rights and Obligations Mortgage Insurance Premiums § 266.602 Mortgage insurance premium: Insured.... On each anniversary of the initial closing, the HFA shall pay an interim mortgage insurance premium...

Health Insurance Marketplaces: Premium Trends in Rural Areas.

Science.gov (United States)

Barker, Abigail R; Kemper, Leah M; McBride, Timothy D; Meuller, Keith J

2016-05-01

Since 2014, when the Health Insurance Marketplaces (HIMs) authorized by the Patient Protection and Affordable Care Act (ACA) were implemented, considerable premium changes have been observed in the marketplaces across the 50 states and the District of Columbia. This policy brief assesses the changes in average HIM plan premiums from 2014 to 2016, before accounting for subsidies, with an emphasis on the widening variation across rural and urban places. Since this brief focuses on premiums without accounting for subsidies, this is not intended to be an analysis of the "affordability" of ACA premiums, as that would require assessment of premiums, cost-sharing adjustments, and other factors.

24 CFR 266.604 - Mortgage insurance premium: Other requirements.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Other... Contract Rights and Obligations Mortgage Insurance Premiums § 266.604 Mortgage insurance premium: Other..., based upon the respective share of risk, that is to be used in calculating mortgage insurance premiums...

Amorphous and Nanocomposite Materials for Energy-Efficient Electric Motors

Science.gov (United States)

Silveyra, Josefina M.; Xu, Patricia; Keylin, Vladimir; DeGeorge, Vincent; Leary, Alex; McHenry, Michael E.

2016-01-01

We explore amorphous soft-magnetic alloys as candidates for electric motor applications. The Co-rich system combines the benefits of low hysteretic and eddy-current losses while exhibiting negligible magnetostriction and robust mechanical properties. The amorphous precursors can be devitrified to form nanocomposite magnets. The superior characteristics of these materials offer the advantages of ease of handling in the manufacturing processing and low iron losses during motor operation. Co-rich amorphous ribbons were laser-cut to build a stator for a small demonstrator permanent-magnet machine. The motor was tested up to ~30,000 rpm. Finite-element analyses proved that the iron losses of the Co-rich amorphous stator were ~80% smaller than for a Si steel stator in the same motor, at 18,000 rpm (equivalent to an electric frequency of 2.1 kHz). These low-loss soft magnets have great potential for application in highly efficient high-speed electric machines, leading to size reduction as well as reduction or replacement of rare earths in permanent-magnet motors. More studies evaluating further processing techniques for amorphous and nanocomposite materials are needed.

77 FR 26698 - Allocation of Mortgage Insurance Premiums

Science.gov (United States)

2012-05-07

... Allocation of Mortgage Insurance Premiums AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final... explain how to allocate prepaid qualified mortgage insurance premiums to determine the amount of the... Act of 2010. The regulations affect taxpayers who pay prepaid qualified mortgage insurance premiums...

Marriage Premium in Turkey

OpenAIRE

Mercan, Murat A.

2011-01-01

This paper contributes to the literature in three ways. Our first contribution is calculating the marriage premium for Turkey. Our results suggest that married men earn 27 percent more than single men and married women earn 4 percent less than single women. Our second contribution is calculating the marriage premium for Turkey’s regions. For men, the wage difference is the smallest, 0.43, in Istanbul. The difference is highest in Akdeniz region. For women, the wage difference is smallest, -0....

The Concentration on the Motor third Party Liability Insurance Market in Romania

Directory of Open Access Journals (Sweden)

Florina Oana VIRLANUTA

2018-05-01

Full Text Available The current paper proposes an analysis of the Romanian car insurance validity market. The topic is relevant at national and European level, and our analysis will be based on indicators such as gross written premiums, motor claims paid for bodily injuries, motor claims paid for property damage, market share on Motor Insurance market. We will also determine the degree of concentration on this market using Gini Struck Concentration Index.

49 CFR 260.17 - Credit risk premium analysis.

Science.gov (United States)

2010-10-01

... 49 Transportation 4 2010-10-01 2010-10-01 false Credit risk premium analysis. 260.17 Section 260... Financial Assistance § 260.17 Credit risk premium analysis. (a) When Federal appropriations are not available to cover the total subsidy cost, the Administrator will determine the Credit Risk Premium...

Dynamic jump intensities and risk premiums

DEFF Research Database (Denmark)

Christoffersen, Peter; Ornthanalai, Chayawat; Jacobs, Kris

2012-01-01

We build a new class of discrete-time models that are relatively easy to estimate using returns and/or options. The distribution of returns is driven by two factors: dynamic volatility and dynamic jump intensity. Each factor has its own risk premium. The models significantly outperform standard...... models without jumps when estimated on S&P500 returns. We find very strong support for time-varying jump intensities. Compared to the risk premium on dynamic volatility, the risk premium on the dynamic jump intensity has a much larger impact on option prices. We confirm these findings using joint...

Storage and the electricity forward premium

International Nuclear Information System (INIS)

Douglas, Stratford; Popova, Julia

2008-01-01

We develop and test a model describing the influence of natural gas storage inventories on the electricity forward premium. The model is constructed by linking the effect of gas storage constraints on the higher moments of the distribution of electricity prices to an established model of the effect of those moments on the forward premium. The model predicts a sharply negative effect of gas storage inventories on the electricity forward premium when demand for electricity is high and space-heating demand for gas is low. Empirical results, based on PJM data, strongly support the model. (author)

7 CFR 400.710 - Preemption and premium taxation.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Preemption and premium taxation. 400.710 Section 400... of Policies and Rates of Premium § 400.710 Preemption and premium taxation. A policy or plan of insurance that is approved by the Board for FCIC reinsurance is preempted from state and local taxation. ...

Physical Premium Principle: A New Way for Insurance Pricing

Science.gov (United States)

Darooneh, Amir H.

2005-03-01

In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical) definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

24 CFR 266.600 - Mortgage insurance premium: Insurance upon completion.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium... MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.600 Mortgage insurance premium: Insurance upon completion. (a) Initial premium. For projects insured upon completion, on...

Insurance premiums and insurance coverage of near-poor children.

Science.gov (United States)

Hadley, Jack; Reschovsky, James D; Cunningham, Peter; Kenney, Genevieve; Dubay, Lisa

States increasingly are using premiums for near-poor children in their public insurance programs (Medicaid/SCHIP) to limit private insurance crowd-out and constrain program costs. Using national data from four rounds of the Community Tracking Study Household Surveys spanning the seven years from 1996 to 2003, this study estimates a multinomial logistic regression model examining how public and private insurance premiums affect insurance coverage outcomes (Medicaid/SCHIP coverage, private coverage, and no coverage). Higher public premiums are significantly associated with a lower probability of public coverage and higher probabilities of private coverage and uninsurance; higher private premiums are significantly related to a lower probability of private coverage and higher probabilities of public coverage and uninsurance. The results imply that uninsurance rates will rise if both public and private premiums increase, and suggest that states that impose or increase public insurance premiums for near-poor children will succeed in discouraging crowd-out of private insurance, but at the expense of higher rates of uninsurance. Sustained increases in private insurance premiums will continue to create enrollment pressures on state insurance programs for children.

Physical Premium Principle: A New Way for Insurance Pricing

Directory of Open Access Journals (Sweden)

Amir H. Darooneh

2005-02-01

Full Text Available Abstract: In our previous work we suggested a way for computing the non-life insurance premium. The probable surplus of the insurer company assumed to be distributed according to the canonical ensemble theory. The Esscher premium principle appeared as its special case. The difference between our method and traditional principles for premium calculation was shown by simulation. Here we construct a theoretical foundation for the main assumption in our method, in this respect we present a new (physical definition for the economic equilibrium. This approach let us to apply the maximum entropy principle in the economic systems. We also extend our method to deal with the problem of premium calculation for correlated risk categories. Like the Buhlman economic premium principle our method considers the effect of the market on the premium but in a different way.

Efficiency and environmental compatibility of premium cogeneration plants operated by fermentation gas; Effizienz und Umweltvertraeglichkeit biogasbetriebener Blockheizkraftwerke

Energy Technology Data Exchange (ETDEWEB)

Aschmann, V.; Kissel, R.; Gronauer, A.

2007-07-15

Due to the climatic protection as well as shortage and raising the price of fossil fuels, a supply of a sustainable and future power supply is necessary. Therefore, the importance of the production of electricity and heat by means of premium cogeneration plants operated by fermentation gas increases. In the comparison to the conventional power production from fossil fuels, the utilization of fermentation gas reduces the release of climatic relevant gases. A compromise between high achievement and low emission with the burn of fermentation gas in premium cogeneration plants has to be established. It is the subject of the investigation of the contribution under consideration, to what extent this is feasible in practice.

78 FR 70856 - Information Reporting of Mortgage Insurance Premiums

Science.gov (United States)

2013-11-27

... Information Reporting of Mortgage Insurance Premiums AGENCY: Internal Revenue Service (IRS), Treasury. ACTION... regulations that require information reporting by persons who receive mortgage insurance premiums, including... reporting requirements that result from the extension of the treatment of mortgage insurance premiums made...

Advertising non-premium products as if they were premium: The impact of advertising up on advertising elasticity and brand equity

OpenAIRE

Guitart, I.A. (Ivan A.); Gonzalez, J. (Jorge); Stremersch, Stefan

2018-01-01

textabstractNon-premium brands occasionally emulate their premium counterparts by using ads that emphasize premium characteristics such as superior performance and exclusivity. We define this practice as “advertising up” and develop hypotheses about its short- and long-term impact on advertising elasticity and brand equity respectively. We test the hypotheses in two large-scale empirical studies using a comprehensive dataset from the automotive industry that includes, among others, the conten...

Data on electrical energy conservation using high efficiency motors for the confidence bounds using statistical techniques.

Science.gov (United States)

Shaikh, Muhammad Mujtaba; Memon, Abdul Jabbar; Hussain, Manzoor

2016-09-01

In this article, we describe details of the data used in the research paper "Confidence bounds for energy conservation in electric motors: An economical solution using statistical techniques" [1]. The data presented in this paper is intended to show benefits of high efficiency electric motors over the standard efficiency motors of similar rating in the industrial sector of Pakistan. We explain how the data was collected and then processed by means of formulas to show cost effectiveness of energy efficient motors in terms of three important parameters: annual energy saving, cost saving and payback periods. This data can be further used to construct confidence bounds for the parameters using statistical techniques as described in [1].

Risk premiums in the German day-ahead Electricity Market

International Nuclear Information System (INIS)

Viehmann, Johannes

2011-01-01

This paper conducts an empirical analysis of risk premiums in the German day-ahead Electricity Wholesale Market. We compare hourly price data of the European Energy Exchange (EEX) auction and of the continuous over-the-counter (OTC) market which takes place prior to the EEX auction. Data provided by the Energy Exchange Austria (EXAA) has been used as a snapshot of the OTC market two hours prior to the EEX auction. Ex post analysis found market participants are willing to pay both significant positive and negative premiums for hourly contracts. The largest positive premiums were paid for high demand evening peak hours on weekdays during winter months. By contrast, night hours on weekends featuring lowest demand levels display negative premiums. Additionally, ex ante analysis found a strong positive correlation between the expected tightness of the system and positive premiums. For this purpose, a tightness factor has been introduced that includes expectations of fundamental factors such as power plant availability, wind power production and demand. Hence, findings by can be supported that power traders in liberalised markets behave like risk-averse rational economic agents. - Research highlights: →Analysis of hourly risk premiums in the German day-ahead Electricity Wholesale Market. →Market participants are willing to pay both significant positive and negative premiums for hourly contracts. →A strong correlation exists between the expected tightness of the power system and premiums.

Comparison the programs of energy efficiency for industrial electric motors; Comparacao de programas de eficiencia energetica para motores eletricos industriais

Energy Technology Data Exchange (ETDEWEB)

Mariotoni, Carlos Alberto; Naturesa, Jim Silva; Santos Junior, Joubert Rodrigues dos; Demanboro, Antonio Carlos [Universidade Estadual de Campinas (UNICAMP), Campinas, SP (Brazil). Faculdade de Engenharia Civil, Arquitetura e Urbanismo. Nucleo Interdisciplinar de Planejamento Energetico (NIPE)]. E-mail: cam@fec.unicamp.br; jimnaturesa@yahoo.com; joubert@fec.unicamp.br; anto1810@fec.unicamp.br

2006-07-01

This paper aims to present a comparison among the existing programs of energy efficiency for industrial electric motors in Brazil, in the United States of America and in the European Community. The analysis is restricted to the action of each program, considering that the mentioned countries present distinct economical, political and social characteristics. Therefore, it is intended to discuss the main barriers existing in the Brazilian industrial context which cause difficulties to develop a program of electric motors efficiency and to indicate some ways to overcome those barriers. (author)

The dynamics of risk premiums in Nord Pool's futures market

International Nuclear Information System (INIS)

Mork, E.

2006-01-01

Premiums in futures prices are usually considered through the use of 2 models: a no-arbitrage model; and the equilibrium approach or theory of normal backwardation. The no-arbitrage approach equates futures prices with spot prices, storage costs and convenience yields, and is difficult to apply to electricity markets. This paper investigated future electricity prices in Nord Pool's futures market using an equilibrium approach, which split futures prices into an expected spot price component and a risk premium component. Three main hypotheses were used: (1) that risk premiums were present in the Nord Pool futures market during the period 1997-2004; that risk premiums in the Nord Pool futures market were smaller or absent during the period of 2000 to 2002; and, that there was a significant change in risk premiums in Nord Pool's futures market after the winter of 2002-2003 due to a change in consumer hedging behaviour. Futures prices were compared to realized spot prices in their delivery periods in order to test the hypotheses. In order to estimate the futures premiums, a 1-sample test was performed on the entire period for 1, 30, 60, and 90 days before delivery of the block or month contract. The test employed the null hypothesis that the futures premiums were 0. Premiums were positive and varied between 3.7 per cent and 9.3 per cent. The purpose of the study was to determine whether risk premiums were present. Results showed that risk premiums varied over time. Two additional hypotheses were then investigated to examine whether the presence of outside speculators reduced risk premiums, and to see if a period of high prices and volatility caused more buyers to hedge in the futures market. Results showed that in the face of volatility and higher prices, consumers do not purchase fixed-price contracts which would ultimately increase futures premiums in the market. It was concluded that premiums are an important element in the pricing of Nord Pool futures and forwards

ACA Marketplace premiums and competition among hospitals and physician practices.

Science.gov (United States)

Polyakova, Maria; Bundorf, M Kate; Kessler, Daniel P; Baker, Laurence C

2018-02-01

To examine the association between annual premiums for health plans available in Federally Facilitated Marketplaces (FFMs) and the extent of competition and integration among physicians and hospitals, as well as the number of insurers. We used observational data from the Center for Consumer Information and Insurance Oversight on the annual premiums and other characteristics of plans, matched to measures of physician, hospital, and insurer market competitiveness and other characteristics of 411 rating areas in the 37 FFMs. We estimated multivariate models of the relationship between annual premiums and Herfindahl-Hirschman indices of hospitals and physician practices, controlling for the number of insurers, the extent of physician-hospital integration, and other plan and rating area characteristics. Premiums for Marketplace plans were higher in rating areas in which physician, hospital, and insurance markets were less competitive. An increase from the 10th to the 90th percentile of physician concentration and hospital concentration was associated with increases of $393 and $189, respectively, in annual premiums for the Silver plan with the second lowest cost. A similar increase in the number of insurers was associated with a $421 decrease in premiums. Physician-hospital integration was not significantly associated with premiums. Premiums for FFM plans were higher in markets with greater concentrations of hospitals and physicians but fewer insurers. Higher premiums make health insurance less affordable for people purchasing unsubsidized coverage and raise the cost of Marketplace premium tax credits to the government.

Reduced topological efficiency in cortical-basal Ganglia motor network of Parkinson's disease: a resting state fMRI study.

Science.gov (United States)

Wei, Luqing; Zhang, Jiuquan; Long, Zhiliang; Wu, Guo-Rong; Hu, Xiaofei; Zhang, Yanling; Wang, Jian

2014-01-01

Parkinson's disease (PD) is mainly characterized by dopamine depletion of the cortico-basal ganglia (CBG) motor circuit. Given that dopamine dysfunction could affect functional brain network efficiency, the present study utilized resting-state fMRI (rs-fMRI) and graph theoretical approach to investigate the topological efficiency changes of the CBG motor network in patients with PD during a relatively hypodopaminergic state (12 hours after a last dose of dopamimetic treatment). We found that PD compared with controls had remarkable decreased efficiency in the CBG motor network, with the most pronounced changes observed in rostral supplementary motor area (pre-SMA), caudal SMA (SMA-proper), primary motor cortex (M1), primary somatosensory cortex (S1), thalamus (THA), globus pallidus (GP), and putamen (PUT). Furthermore, reduced efficiency in pre-SMA, M1, THA and GP was significantly correlated with Unified Parkinson's Disease Rating Scale (UPDRS) motor scores in PD patients. Together, our results demonstrate that individuals with PD appear to be less effective at information transfer within the CBG motor pathway, which provides a novel perspective on neurobiological explanation for the motor symptoms in patients. These findings are in line with the pathophysiology of PD, suggesting that network efficiency metrics may be used to identify and track the pathology of PD.

31 CFR 337.8 - Payment of mortgage insurance premiums.

Science.gov (United States)

2010-07-01

... insurance premiums. When certificated debentures are tendered for purchase prior to maturity in order that the proceeds thereof be applied to pay for mortgage insurance premiums, any difference between the amount of the debentures purchased and the amount of the mortgage insurance premium will generally be...

The influence of select losses components on induction squirrel-cage motor efficiency

Energy Technology Data Exchange (ETDEWEB)

Dabala, K. [Electrical Machines Dept., Electrotechnical Inst., Warsaw (Poland)

2000-07-01

There is taken into consideration the influence of measured core and friction and windage losses on induction squirrel-cage motor in this paper. This paper presents a way of exact core losses determination in full-load motor. There are also compared efficiencies obtained for three core losses values: from no-load test (IEC 34-2); from draft IEC 2G/102/CDV; from presented in this paper method. This paper presents the influence of the friction and windage losses determined from no-load test and the mechanical losses appeared under the rated speed on the efficiency, too. There is compared the influence of the core and mechanical losses sum on the efficiency dependently on the way of this losses components determination. (orig.)

Premium Pricing of Liability Insurance Using Random Sum Model

Directory of Open Access Journals (Sweden)

Mujiati Dwi Kartikasari

2017-03-01

Full Text Available Premium pricing is one of important activities in insurance. Nonlife insurance premium is calculated from expected value of historical data claims. The historical data claims are collected so that it forms a sum of independent random number which is called random sum. In premium pricing using random sum, claim frequency distribution and claim severity distribution are combined. The combination of these distributions is called compound distribution. By using liability claim insurance data, we analyze premium pricing using random sum model based on compound distribution

The Skew Risk Premium in the Equity Index Market

OpenAIRE

Roman Kozhan; Anthony Neuberger; Paul Schneider

2013-01-01

We develop a new method for measuring moment risk premiums. We find that the skew premium accounts for over 40% of the slope in the implied volatility curve in the S&P 500 market. Skew risk is tightly related to variance risk, in the sense that strategies designed to capture the one and hedge out exposure to the other earn an insignificant risk premium. This provides a new testable restriction for asset pricing models trying to capture, in particular, disaster risk premiums. We base our resul...

A comment on 'Storage and the electricity forward premium'

International Nuclear Information System (INIS)

Bloys van Treslong, Adriaan; Huisman, Ronald

2010-01-01

This paper examines the robustness of the results found by Douglas and Popova (2008). They examine the electricity forward premium in relation to gas storage inventories and find that, although electricity is not directly storable, electricity forward premiums are lower when gas storage inventories are higher, especially on days with high temperatures. Douglas and Popova (2008) derive their results from a forward premium model that is an extension of the Bessembinder and Lemmon (2002) model. We examine whether the gas storage inventory results hold under a different specification of the forward risk premium. Our results support the results found by Douglas and Popova (2008) and show that their results are not influenced by the specification of the forward premium model. (author)

An efficient linear power generator - Linear motor for oscillating piston machines; Effizienter Lineargenerator / Linearmotor fuer Kolbenmaschine - Schlussbericht

Energy Technology Data Exchange (ETDEWEB)

Lindegger, M.

2008-07-01

When an oscillating piston interacts with an electrical generator or motor, it is obvious that the electrical machine should also have linear motion, eliminating the disadvantage of a crankshaft. This work has two parts: construction of an efficient linear generator for a Stirling engine with a free piston and a theoretical study of the efficiency of linear motors for driving compressors. The Stirling engine and the linear generator have a continuous power of 1.3 kW{sub el}. With thermal peak power the planned 1.5 kW{sub el} are attained. The Project 'Stirling Free Piston Generator' for cogeneration will continue. Smaller linear motors with permanent magnets function without electronic control from single-phase AC net. The theoretical study shows how linear motors can be led out by linking the electric vector diagram with the pressure-volume diagram of the compressor. At a power level exceeding a few kW, a three-phase system with power electronics is more suitable. The frequency of oscillation is variable and lower than 50 Hz. The efficiency of the simulated linear motors lies in the range of efficiency class EFF1 of standard motors. The very high efficiencies of rotating motors with permanent magnets are not attained. The combination of the linear motor with an optimised thermal process leads to advantages regarding the efficiency. If a heat pump with linear drive system can operate with hot lubricating oil the losses in the heat exchangers are reduced. The Competence Center for Thermal Machines at Lucerne University of Applied Sciences and Arts shows great interest to pursue the project of a linear heat pump for small temperature differences. (author)

A comparison of temperature increases produced by "premium" and "standard" diamond burs: An in-vitro study.

Science.gov (United States)

Segal, Pnina; Sap, Danny; Ben-Amar, Ariel; Levartovsky, Shifra; Matalon, Shlomo

2016-02-01

Vital tooth preparations may cause irreversible thermal damage to the pulp. The manufacturing techniques of dental burs may decrease heat production and minimize the risk of overheating and trauma to the dental pulp. Strauss (Raanana, Israel) has introduced "premium" diamond burs, claiming superior efficiency and longevity. We sought to determine the safest preparation methods by performing a comparison of intrapulpal temperature increases caused with "standard" and "premium" burs. Three types of diamond burs (F1R, F21R, and K2) were tested on extracted human teeth (n = 8 teeth per bur type). Premium and standard manufacturing techniques were compared for each bur type (n = 24 teeth per group; total 48 teeth). An intrapulpal thermocouple was used to measure the temperature during the procedure. Comparisons were analyzed with the t test and one-way ANOVA. P ≤ .05 was considered significant. All premium burs demonstrated lower temperature increases compared to the standard burs (P ≤ .001 for F21R and K2, P = .086 for F1R). The temperature increases with premium burs were similar for different bur shapes, but the temperature increases with standard burs depended on the bur shape (P pulp tissue damage, and thus reduce postoperative pulp-associated complications.

Energy efficiency and economic value in affordable housing

International Nuclear Information System (INIS)

Chegut, Andrea; Eichholtz, Piet; Holtermans, Rogier

2016-01-01

Strong rental protection in the affordable housing market often prohibits landlords from charging rental premiums for energy-efficient dwellings. This may impede (re)development of energy efficient affordable housing. In the Netherlands, affordable housing institutions regularly sell dwellings from their housing stock to individual households. If they can sell energy efficient dwellings at a premium, this may stimulate investments in the environmental performance of homes. We analyze the value effects of energy efficiency in the affordable housing market, by using a sample of 17,835 homes sold by Dutch affordable housing institutions in the period between 2008 and 2013. We use Energy Performance Certificates to determine the value of energy efficiency in these transactions. We document that dwellings with high energy efficiency sell for 2.0–6.3% more compared to otherwise similar dwellings with low energy efficiency. This implies a premium of some EUR 3,000 to EUR 9,700 for highly energy efficient affordable housing. - Highlights: • Dutch affordable housing suppliers recoup sustainability investment by selling dwellings. • Energy-efficient affordable dwellings sell at a premium. • A-labeled dwellings are 6.3% – 9,300 euros – more valuable than C-labeled ones. • The combined value effect of refurbishing an affordable housing dwelling, including improving the energy efficiency, of 20% would more than pay for the retrofit.

A note on weighted premium calculation principles

NARCIS (Netherlands)

Kaluszka, M.; Laeven, R.J.A.; Okolewski, A.

2012-01-01

A prominent problem in actuarial science is to determine premium calculation principles that satisfy certain criteria. Goovaerts et al. [Goovaerts, M. J., De Vylder, F., Haezendonck, J., 1984. Insurance Premiums: Theory and Applications. North-Holland, Amsterdam, p. 84] establish an optimality-type

Explaining the so-called 'price premium' in oil markets

International Nuclear Information System (INIS)

Merino, A.; Ortiz, A.

2005-01-01

This paper explores the information content of several variables on the so-called ''oil price premium over fundamentals''. We define this premium as the difference between the market oil price and the estimated price consistent with the OECD's relative industry stock level. By using Granger causality tests and extended regressions we test the systematic ability of a broad set of variables to explain the premium. We find that speculation in the oil market - measured by non-commercial long positions - can improve the traditional model, reducing the premium significantly during some parts of the sample. (author)

Incentive-compatible guaranteed renewable health insurance premiums.

Science.gov (United States)

Herring, Bradley; Pauly, Mark V

2006-05-01

Theoretical models of guaranteed renewable insurance display front-loaded premium schedules. Such schedules both cover lifetime total claims of low-risk and high-risk individuals and provide an incentive for those who remain low-risk to continue to purchase the policy. Questions have been raised of whether actual individual insurance markets in the US approximate the behavior predicted by these models, both because young consumers may not be able to "afford" front-loading and because insurers may behave strategically in ways that erode the value of protection against risk reclassification. In this paper, the optimal competitive age-based premium schedule for a benchmark guaranteed renewable health insurance policy is estimated using medical expenditure data. Several factors are shown to reduce the amount of front-loading necessary. Indeed, the resulting optimal premium path increases with age. Actual premium paths exhibited by purchasers of individual insurance are close to the optimal renewable schedule we estimate. Finally, consumer utility associated with the feature is examined.

Efficiency of three-phase asynchronous motors. Energy loss reduction by means of overdimensioning; Efficientie van driefasen asynchrone motoren. SinuMEC beperkt energieverlies door overdimensionering

Energy Technology Data Exchange (ETDEWEB)

Peeters, J.; Van Dorst, C. [Hyteps, Gemert (Netherlands)

2008-10-15

The three phase asynchronous motor has been applied in various installations since time immemorial. Although the motor is more efficient at full mechanical load, this is not always applied efficiently. Can the efficiency of low load motors be improved or is this a utopia? The Sinusoidal Motor Controller (SinuMEC) improves efficiency, saves energy and lengthens the life span. [mk]. [Dutch] De driefasen asynchrone motor wordt sinds mensenheugenis in uiteenlopende installaties toegepast. Hoewel de motor met een volle mechanische belasting efficient is, wordt deze niet altijd efficient toegepast. Kan de efficiency van laag belaste motoren worden verbeterd of is dit een utopie? De Sinusoidal Motor efficiency controller (SinuMEC) verbetert de efficiency, bespaart energie en verlengt de levensduur.

The conditional size premium and intertemporal risk

DEFF Research Database (Denmark)

de Oliveira Souza, Thiago

2018-01-01

The size premium only appears in states with good expected stock returns as given by several state variables, such as the aggregate book-to-market. The annual premium is 15% when this variable is within the top 33% in historical terms and an insignificant 0.4% otherwise. This renders...

An Auto Telematics System For Insurance Premium Rating amp Pricing.

Directory of Open Access Journals (Sweden)

Irode Philip Luvuga

2017-12-01

Full Text Available Insurance telematics is a new technology that has been poised to transform and change the way we buy and underwrite insurance by 2030. Insurance Premium Rate is a major variable that determines if a client will buy or take up a policy cover or not. With the current stiff competition being felt in the Industry the local insurance industry continues to suffer big losses due to unhealthy business practice of competitor undercutting among the insurers to attract more clients but exposing the underwriting companies to potential high risks. This in most cases means that the product is totally underpriced to the extent that it would be uneconomical and unsustainable in the long run for the insurance firms. This research outlines a technology defined model that should be used to determine the ideal premium rate payable in the Motor Insurance industry taking into account all the variables and the risk exposure of the policy holder. The system model is able to determine the insurable risk based on the drivers attributes and profile location of the vehicle in relation to risk geo-locations map monitoring the driving parameters of the vehicle by the driver and the driving style. This enable the insurance company determines costs associated with the risk cover based on factual facts which are scientifically determined by the real risks.

Insurer Competition In Federally Run Marketplaces Is Associated With Lower Premiums.

Science.gov (United States)

Jacobs, Paul D; Banthin, Jessica S; Trachtman, Samuel

2015-12-01

Federal subsidies for health insurance premiums sold through the Marketplaces are tied to the cost of the benchmark plan, the second-lowest-cost silver plan. According to economic theory, the presence of more competitors should lead to lower premiums, implying smaller federal outlays for premium subsidies. The long-term impact of the Affordable Care Act on government spending will depend on the cost of these premium subsidies over time, with insurer participation and the level of competition likely to influence those costs. We studied insurer participation and premiums during the first two years of the Marketplaces. We found that the addition of a single insurer in a county was associated with a 1.2 percent lower premium for the average silver plan and a 3.5 percent lower premium for the benchmark plan in the federally run Marketplaces. We found that the effect of insurer entry was muted after two or three additional entrants. These findings suggest that increased insurer participation in the federally run Marketplaces reduces federal payments for premium subsidies. Project HOPE—The People-to-People Health Foundation, Inc.

The Association of State Rate Review Authority with Health Insurance Premiums.

Science.gov (United States)

Ticse, Caroline

2015-10-01

Key findings. (1) Adjusted premiums in the individual market in states with prior approval authority combined with loss ratio requirements were lower in 2010-2013 than premiums in states with no rate review authority or file-and-use regulations only. (2) Adjusted premiums declined modestly in prior approval states while premiums increased in states with no rate review authority or with file-and-use regulations only. (3) The findings suggest that states with prior approval authority and loss ratio requirements constrained increases in health insurance premiums.

10 CFR Appendix B to Subpart B of... - Uniform Test Method for Measuring Nominal Full Load Efficiency of Electric Motors

Science.gov (United States)

2010-01-01

... Efficiency of Electric Motors B Appendix B to Subpart B of Part 431 Energy DEPARTMENT OF ENERGY ENERGY CONSERVATION ENERGY EFFICIENCY PROGRAM FOR CERTAIN COMMERCIAL AND INDUSTRIAL EQUIPMENT Electric Motors Pt. 431... Efficiency of Electric Motors 1. Definitions. Definitions contained in §§ 431.2 and 431.12 are applicable to...

Optimal Premium Pricing for a Heterogeneous Portfolio of Insurance Risks

Directory of Open Access Journals (Sweden)

Athanasios A. Pantelous

2009-01-01

Full Text Available The paper revisits the classical problem of premium rating within a heterogeneous portfolio of insurance risks using a continuous stochastic control framework. The portfolio is divided into several classes where each class interacts with the others. The risks are modelled dynamically by the means of a Brownian motion. This dynamic approach is also transferred to the design of the premium process. The premium is not constant but equals the drift of the Brownian motion plus a controlled percentage of the respective volatility. The optimal controller for the premium is obtained using advanced optimization techniques, and it is finally shown that the respective pricing strategy follows a more balanced development compared with the traditional premium approaches.

5 CFR 410.402 - Paying premium pay.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 1 2010-01-01 2010-01-01 false Paying premium pay. 410.402 Section 410... for Training Expenses § 410.402 Paying premium pay. (a) Prohibitions. Except as provided by paragraph (b) of this section, an agency may not use its funds, appropriated or otherwise available, to pay...

12 CFR 217.101 - Premiums on deposits.

Science.gov (United States)

2010-01-01

... from paying interest on a demand deposit. Premiums, whether in the form of merchandise, credit, or cash... AGAINST THE PAYMENT OF INTEREST ON DEMAND DEPOSITS (REGULATION Q) Interpretations § 217.101 Premiums on... that is not, directly or indirectly, related to or dependent on the balance in a demand deposit account...

Premium adjustment: actuarial analysis on epidemiological models ...

African Journals Online (AJOL)

In this paper, we analyse insurance premium adjustment in the context of an epidemiological model where the insurer's future financial liability is greater than the premium from patients. In this situation, it becomes extremely difficult for the insurer since a negative reserve would severely increase its risk of insolvency, ...

Required Market Risk Premium among countries in 2012

Directory of Open Access Journals (Sweden)

Pablo Fernandez

2015-12-01

This survey also links with the Equity Premium Puzzle. It may be explained by the fact that many market participants use historical data and advice from textbooks and finance professors. Consequently, ex-ante equity premia have been high, most market prices have been consistently undervalued, and the ex-post risk premia has been also high. Many investors use historical data and textbook prescriptions to estimate the required and the expected equity premium, the undervaluation and the high ex-post risk premium are self fulfilling prophecies.

The performance and efficiency of four motor/controller/battery systems for the simpler electric vehicles

Science.gov (United States)

Shipps, P. R.

1980-01-01

A test and analysis program performed on four complete propulsion systems for an urban electric vehicle (EV) is described and results given. A dc series motor and a permanent magnet (PM) motor were tested, each powered by an EV battery pack and controlled by (1) a series/parallel voltage-switching (V-switch) system; and (2) a system using a pulse width modulation, 400 Hz transistorized chopper. Dynamometer tests were first performed, followed by eV performance predictions and data correlating road tests. During dynamometer tests using chopper control; current, voltage, and power were measured on both the battery and motor sides of the chopper, using three types of instrumentation. Conventional dc instruments provided adequate accuracy for eV power and energy measurements, when used on the battery side of the controller. When using the chopper controller, the addition of a small choke inductor improved system efficiency in the lower duty cycle range (some 8% increase at 50% duty cycle) with both types of motors. Overall system efficiency rankings during road tests were: (1) series motor with V-switch; (2) PM motor with V-switch; (3) series motor with chopper; and (4) PM motor with chopper. Chopper control of the eV was smoother and required less driver skill than V-switch control.

Investigation Effects of Narrowing Rotor Pole Embrace to Efficiency and Cogging Torque at PM BLDC Motor

Directory of Open Access Journals (Sweden)

Cemil Ocak

2016-02-01

Full Text Available Engineers think that pole embrace size of a PM BLDC motor affects directly the efficiency and the torque. Dealing with theexperimental research, in the studywe have investigated the effects of narrowing rotor pole embrace step by step by changing sizes parametrically. By doing so, high efficiency and low cogging torque would have been obtained for a 20 W PM BLDC motor. In order to do this,pole arc to pole pitch ratio of magnets at the rotor poles has been changed parametrically (0.5 to 1 by genetic algorithm methodfirst. Then the electromagnetic field dispersions, output parameters of the motor, new rotor constructions have been obtained; and new pole embrace has been derived from the variation of pole arc to pole pitch ratio. We have also calculatedthe magnetic flux distribution, output power, torque, cogging torque and efficiency values analytically and the effects of new pole embrace to motor efficiency and torque have been simulated. The developed 18 slots, 6 poles, surface mounted inner runner configuration rotor machine is proposed as to be used insmall dentistry apparatus.

Energy efficiency in speed control system for induction motors; Eficiencia energetica em sistema de controle de velocidade em motores de inducao

Energy Technology Data Exchange (ETDEWEB)

Silva, Arlete Vieira da; Ribeiro, Elisangela do Nascimento; Tenorio, Iana Cavalcanti; Horta, Mario Marcos Brito [Centro Universitario de Belo Horizonte (UnBH), MG (Brazil)], e-mails: arlete.silva@prof.unibh.br, nr.elisangela@gmail.com, ianactenorio@gmail.com, mario_bhorta@yahoo.com.br

2011-07-01

This work has as objective the study of energy efficiency of induction motors fed by frequency inverters, since this is a practical resource that has progressively allowed the replacement of mechanical speed reducers. In this work the speed control of induction motors of the squirrel cage has steeped through the frequency inverters using scalar control. Induction motors are frequently used in industrial applications due to its simple construction, its low maintenance and reduced in size. It was possible through tests made at UNI-BH Electrical Engineering laboratory to obtain satisfactory results regarding the performance of the inverter CFW08 (WEG), speed control of induction motor. (author)

7 CFR 1962.29 - Payment of fees and insurance premiums.

Science.gov (United States)

2010-01-01

... 7 Agriculture 14 2010-01-01 2009-01-01 true Payment of fees and insurance premiums. 1962.29... Security § 1962.29 Payment of fees and insurance premiums. (a) Fees. (1) Security instruments. Borrowers... the service cannot be obtained without cost. (b) Insurance premiums. County Supervisors are authorized...

24 CFR 266.608 - Mortgage insurance premium: Pro rata refund.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium: Pro... PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.608 Mortgage insurance premium: Pro rata refund. If the Contract of Insurance is terminated by payment in full or is terminated...

Demystifying first-cost green building premiums in healthcare.

Science.gov (United States)

Houghton, Adele; Vittori, Gail; Guenther, Robin

2009-01-01

This study assesses the extent of "first-cost green building construction premiums" in the healthcare sector based on data submitted by and interviews with 13 current LEED-certified and LEED-registered healthcare project teams, coupled with a literature survey of articles on the topics of actual and perceived first-cost premiums associated with green building strategies. This analysis covers both perceived and realized costs across a range of projects in this sector, leading to the following conclusions: Construction first-cost premiums may be lower than is generally perceived, and they appear to be independent of both building size and level of "green" achievement; projects are using financial incentives and philanthropy to drive higher levels of achievement; premiums are decreasing over time; and projects are benefiting from improvements in health and productivity which, although difficult to monetize, are universally valued.

Height premium for job performance.

Science.gov (United States)

Kim, Tae Hyun; Han, Euna

2017-08-01

This study assessed the relationship of height with wages, using the 1998 and 2012 Korean Labor and Income Panel Study data. The key independent variable was height measured in centimeters, which was included as a series of dummy indicators of height per 5cm span (wages to assess the heterogeneity in the height-wage relationship, across the conditional distribution of monthly wages. We found a non-linear relationship of height with monthly wages. For men, the magnitude of the height wage premium was overall larger at the upper quantile of the conditional distribution of log monthly wages than at the median to low quantile, particularly in professional and semi-professional occupations. The height-wage premium was also larger at the 90th quantile for self-employed women and salaried men. Our findings add a global dimension to the existing evidence on height-wage premium, demonstrating non-linearity in the association between height and wages and heterogeneous changes in the dispersion and direction of the association between height and wages, by wage level. Copyright © 2017 Elsevier B.V. All rights reserved.

24 CFR 232.825 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... ASSISTED LIVING FACILITIES Contract Rights and Obligations Premiums § 232.825 Pro rata refund of insurance premium. Upon termination of a loan insurance contract by a payment in full or by a voluntary termination... rata portion of the current annual loan insurance premium theretofore paid which is applicable to the...

12 CFR 741.4 - Insurance premium and one percent deposit.

Science.gov (United States)

2010-01-01

... 12 Banks and Banking 6 2010-01-01 2010-01-01 false Insurance premium and one percent deposit. 741... Insurance premium and one percent deposit. (a) Scope. This section implements the requirements of Section... payment of an insurance premium. (b) Definitions. For purposes of this section: (1) Available assets ratio...

77 FR 30377 - Health Insurance Premium Tax Credit

Science.gov (United States)

2012-05-23

... Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations relating to the health insurance premium tax... categories of immigrants described in the Children's Health Insurance Program Reauthorization Act. One...

24 CFR 241.825 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... Projects Without a HUD-Insured or HUD-Held Mortgage Premiums § 241.825 Pro rata refund of insurance premium... of the current annual loan insurance premium theretofore paid which is applicable to the portion of... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance...

24 CFR 207.252e - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 207.252e Section 207.252e Housing and Urban Development Regulations Relating to Housing... Premiums § 207.252e Method of payment of mortgage insurance premiums. In the cases that the Commissioner... mortgagees, that mortgage insurance premiums be remitted electronically. [63 FR 1303, Jan. 8, 1998] ...

76 FR 50931 - Health Insurance Premium Tax Credit

Science.gov (United States)

2011-08-17

... Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Notice of... relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care... be able to purchase private health insurance through State-based competitive marketplaces called...

Premium Pricing of Liability Insurance Using Random Sum Model

OpenAIRE

Kartikasari, Mujiati Dwi

2017-01-01

Premium pricing is one of important activities in insurance. Nonlife insurance premium is calculated from expected value of historical data claims. The historical data claims are collected so that it forms a sum of independent random number which is called random sum. In premium pricing using random sum, claim frequency distribution and claim severity distribution are combined. The combination of these distributions is called compound distribution. By using liability claim insurance data, we ...

An empirical study of the information premium on electricity markets

International Nuclear Information System (INIS)

Benth, Fred Espen; Biegler-König, Richard; Kiesel, Rüdiger

2013-01-01

Due to the non-storability of electricity and the resulting lack of arbitrage-based arguments to price electricity forward contracts, a significant time-varying risk premium is exhibited. Using EEX data during the introduction of emission certificates and the German “Atom Moratorium” we show that a significant part of the risk premium in electricity forwards is due to different information sets in spot and forward markets. In order to show the existence of the resulting information premium and to analyse its size we design an empirical method based on techniques relating to enlargement of filtrations and the structure of Hilbert spaces. - Highlights: ► Electricity is non-storable and the classical spot–forward-relationship is invalid. ► Future information will cause an information premium for forward contracts. ► We model this premium mathematically using enlargement of filtrations. ► We develop a statistical method testing for the information premium empirically. ► We apply the test to the 2nd phase of the EUETS and the German “Atom Moratorium”

Obstetricians' rising liability insurance premiums and inductions at late preterm gestations.

Science.gov (United States)

Murthy, Karna; Grobman, William A; Lee, Todd A; Holl, Jane L

2009-04-01

To estimate the association between professional liability insurance premiums for obstetricians and late preterm induction (LPI) rates. Data from the National Center for Health Statistics were used to identify all Illinois women pregnant with singletons at 34 weeks' gestation from 1991 to 2003. The independent association between LPI (induction between 34 and 37 weeks' gestation) rates and the previous year's obstetric malpractice insurance premiums was evaluated using linear regression. The mean annual LPI rate (5.4/1000 in 1991 to 15.2/1000 in 2003, P insurance premiums ($55,480 to $110,613, P insurance premium. Rising premiums are associated with increased frequency of LPI among women with singleton gestations.

Clearwood quality and softwood lumber prices: what's the real premium?

Science.gov (United States)

Thomas R. Waggener; Roger D. Fight

1999-01-01

Diminishing quantities of appearance grade lumber and rising price premiums for it have accompanied the transition from old-growth to young-growth timber. The price premiums for better grades are an incentive for producers to undertake investments to increase the yield of those higher valued products. Price premiums, however, are also an incentive for users to...

Can large long-term investors capture illiquidity premiums

NARCIS (Netherlands)

de Jong, F.C.J.M.; Driessen, J.J.A.G.

2015-01-01

In this paper we perform a literature study to assess whether large long-term investors can benefit from liquidity premiums in different asset classes. We both describe the theoretical predictions on liquidity premiums and portfolio choice with illiquidity, as well as empirical evidence on liquidity

78 FR 7264 - Health Insurance Premium Tax Credit

Science.gov (United States)

2013-02-01

... DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9611] RIN 1545-BL49 Health Insurance Premium Tax Credit AGENCY: Internal Revenue Service (IRS), Treasury. ACTION: Final regulations. SUMMARY: This document contains final regulations relating to the health insurance premium tax credit...

Development of Ultra-Efficient Electric Motors Final Technical Report Covering work from April 2002 through September 2007

International Nuclear Information System (INIS)

Rich Schiferl

2008-01-01

High temperature superconducting (HTS) motors offer the potential for dramatic volume and loss reduction compared to conventional, high horsepower, industrial motors. This report is the final report on the results of eight research tasks that address some of the issues related to HTS motor development that affect motor efficiency, cost, and reliability

CHIP premiums, health status, and the insurance coverage of children.

Science.gov (United States)

Marton, James; Talbert, Jeffery C

2010-01-01

This study uses the introduction of premiums into Kentucky's Children's Health Insurance Program (KCHIP) to examine whether the enrollment impact of new premiums varies by child health type. We also examine the extent to which children find alternative coverage after premium nonpayment. Public insurance claims data suggest that those with chronic health conditions are less likely to leave public coverage. We find little evidence of a differential impact of premiums on enrollment among the chronically ill. Our survey of nonpayers shows that 56% of responding families found alternative private or public health coverage for their children after losing CHIP.

Medical malpractice reform and employer-sponsored health insurance premiums.

Science.gov (United States)

Morrisey, Michael A; Kilgore, Meredith L; Nelson, Leonard Jack

2008-12-01

Tort reform may affect health insurance premiums both by reducing medical malpractice premiums and by reducing the extent of defensive medicine. The objective of this study is to estimate the effects of noneconomic damage caps on the premiums for employer-sponsored health insurance. Employer premium data and plan/establishment characteristics were obtained from the 1999 through 2004 Kaiser/HRET Employer Health Insurance Surveys. Damage caps were obtained and dated based on state annotated codes, statutes, and judicial decisions. Fixed effects regression models were run to estimate the effects of the size of inflation-adjusted damage caps on the weighted average single premiums. State tort reform laws were identified using Westlaw, LEXIS, and statutory compilations. Legislative repeal and amendment of statutes and court decisions resulting in the overturning or repealing state statutes were also identified using LEXIS. Using a variety of empirical specifications, there was no statistically significant evidence that noneconomic damage caps exerted any meaningful influence on the cost of employer-sponsored health insurance. The findings suggest that tort reforms have not translated into insurance savings.

48 CFR 2132.770 - Insurance premium payments and special contingency reserve.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Insurance premium payments... GENERAL CONTRACTING REQUIREMENTS CONTRACT FINANCING Contract Funding 2132.770 Insurance premium payments and special contingency reserve. Insurance premium payments and a special contingency reserve are made...

Generalized financial ratios to predict the equity premium

NARCIS (Netherlands)

Algaba, Andres; Boudt, Kris

2017-01-01

Empirical evidence for the price-dividend ratio to be a predictor of the equity premium is weak. We argue that changes in the economic conditions and market composition lead to a time-varying relationship between prices, dividends and the equity premium. Exploiting the information in the rolling

24 CFR 213.256 - Premiums; insurance upon completion.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums; insurance upon completion... HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES COOPERATIVE HOUSING MORTGAGE INSURANCE Contract Rights and Obligations-Projects § 213.256 Premiums...

The dynamics of risk premiums in Nord Pool's futures market

Energy Technology Data Exchange (ETDEWEB)

Mork, E. [Consultant, Oslo (Norway)

2006-04-15

Premiums in futures prices are usually considered through the use of 2 models: a no-arbitrage model; and the equilibrium approach or theory of normal backwardation. The no-arbitrage approach equates futures prices with spot prices, storage costs and convenience yields, and is difficult to apply to electricity markets. This paper investigated future electricity prices in Nord Pool's futures market using an equilibrium approach, which split futures prices into an expected spot price component and a risk premium component. Three main hypotheses were used: (1) that risk premiums were present in the Nord Pool futures market during the period 1997-2004; that risk premiums in the Nord Pool futures market were smaller or absent during the period of 2000 to 2002; and, that there was a significant change in risk premiums in Nord Pool's futures market after the winter of 2002-2003 due to a change in consumer hedging behaviour. Futures prices were compared to realized spot prices in their delivery periods in order to test the hypotheses. In order to estimate the futures premiums, a 1-sample test was performed on the entire period for 1, 30, 60, and 90 days before delivery of the block or month contract. The test employed the null hypothesis that the futures premiums were 0. Premiums were positive and varied between 3.7 per cent and 9.3 per cent. The purpose of the study was to determine whether risk premiums were present. Results showed that risk premiums varied over time. Two additional hypotheses were then investigated to examine whether the presence of outside speculators reduced risk premiums, and to see if a period of high prices and volatility caused more buyers to hedge in the futures market. Results showed that in the face of volatility and higher prices, consumers do not purchase fixed-price contracts which would ultimately increase futures premiums in the market. It was concluded that premiums are an important element in the pricing of Nord Pool futures and

Experimental method to reveal the effect of rotor magnet size and air gap on artificial heart driving motor torque and efficiency.

Science.gov (United States)

Qian, K X; Yuan, H Y; Ru, W M; Zeng, P

2002-01-01

To investigate experimentally the effect of rotor magnet design on artificial heart driving motor performance, seven rotors with different magnet lengths or thicknesses, as well as different peripheral angles, were manufactured and tested in the same motor stator with different rotating speeds. The input power (voltage and current) and output torque were measured and the motor efficiency was computed. The results demonstrated that the reduction of rotor magnet size and the enlargement of the air gap between the rotor magnets and the stator coil core have no significant effect on motor efficiency, but will reduce the torque value on which the motor achieves the highest efficiency; it could be remedied however by increasing the rotating speed, because the torque at the high efficiency point will increase along with the rotating speed. These results may provide a basis for developing small rotor magnets, large air gap and high efficiency motors for driving an artificial heart pump.

Risk premium and insalubrity

International Nuclear Information System (INIS)

Portela, Josmael; Figueira, Rosania Lucia

2005-01-01

The risk premium and insalubrity have been widely discussed in the legal universe/labor. The social and economic impacts interfere on the right of the professional exposed to ionizing radiation to have or not additional rights. Due to the large accidents, with world repercussion, which occurred in recent times, involving workers undergoing these radiation, these professionals are receiving special attention by the competent bodies on the right or not to risk premium and insalubrity. The professional who operates equipment that emit ionising radiation, or those working directly with radioisotopes are undoubtedly under imminent risk, even if they complied with all safety requirements, thus deserving a more careful analysis by our lawyers with respect to receive additional percentages. Recent decisions of higher Courts begin to consolidate a more just and logical reasoning on the subject

24 CFR 266.610 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 266.610 Section 266.610 Housing and Urban Development Regulations Relating to Housing... MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.610 Method of payment of mortgage insurance premiums. In the cases that the Commissioner deems appropriate, the...

The Risk Premium for Equity : Explanations and Implications

NARCIS (Netherlands)

Grant, S.; Quiggin, J.

2001-01-01

The equity premium puzzle shows that using standard parameters and setup, the Consumption-based Capital Asset Pricing Model's (CCAPM's) prediction of the premium associated with systematic risk is out by an order of magnitude.The object of this paper is to consider the implications of each of the

24 CFR 203.260 - Amount of mortgage insurance premium (periodic MIP).

Science.gov (United States)

2010-04-01

... Mortgage Insurance Premiums-Periodic Payment § 203.260 Amount of mortgage insurance premium (periodic MIP... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Amount of mortgage insurance premium (periodic MIP). 203.260 Section 203.260 Housing and Urban Development Regulations Relating to...

Risk Premium and Central Bank Intervention

OpenAIRE

Pinar Ozlu

2006-01-01

This study examines the relation between the risk premium and central bank intervention. Forward rates are calculated for the Turkish Lira-USD exchange market and then the effect of central bank intervention on the risk premium is estimated. Using high quality daily intervention data from the Central Bank of Turkey as well as implied forward rates, an MA (21)-GARCH (1,1) model is estimated. Both purchases and sales of US dollars by the Central Bank of Turkey appear to have no effect on the si...

24 CFR 251.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 251.6 Section 251.6 Housing and Urban Development Regulations Relating to Housing and... HOUSING PROJECTS § 251.6 Method of payment of mortgage insurance premiums. In the cases that the... affected lenders, that mortgage insurance premiums be remitted electronically. [63 FR 1303, Jan. 8, 1998] ...

24 CFR 236.252 - First, second, and third mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 236.252 Section 236.252 Housing and Urban Development Regulations Relating to Housing... insurance premiums. All of the provisions of § 207.252 of this chapter governing the first, second, and third mortgage insurance premiums shall apply to mortgages insured under this subpart, except: (a) Where...

Log-supermodularity of weight functions and the loading monotonicity of weighted insurance premiums

OpenAIRE

Hristo S. Sendov; Ying Wang; Ricardas Zitikis

2010-01-01

The paper is motivated by a problem concerning the monotonicity of insurance premiums with respect to their loading parameter: the larger the parameter, the larger the insurance premium is expected to be. This property, usually called loading monotonicity, is satisfied by premiums that appear in the literature. The increased interest in constructing new insurance premiums has raised a question as to what weight functions would produce loading-monotonic premiums. In this paper we demonstrate a...

PENENTUAN CADANGAN PREMI DENGAN METODE PREMIUM SUFFICIENCY PADA ASURANSI JIWA SEUMUR HIDUP JOINT LIFE

Directory of Open Access Journals (Sweden)

NI PUTU MIRAH PERMATASARI

2016-08-01

Full Text Available The aim of this research was to get the formula of premium reserves through the premium sufficiency method. Premium reserve is the amount of fund that is collected by the insurance company in preparation for the claim’s payment. Premium sufficiency method is gross premium calculation. To construct that formula, this research used Tabel Mortalitas Indonesia (TMI 2011, interest rate 2.5% and cost of alpha %. Based on simulation result in men premium reserve value of age 1 of 56 years propotional with insured periods, but after56 years enhancement of premium reserve value.

Health insurance premium tax credit. Final regulations.

Science.gov (United States)

2013-02-01

This document contains final regulations relating to the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and the Health Care and Education Reconciliation Act of 2010.These final regulations provide guidance to individuals related to employees who may enroll in eligible employer-sponsored coverage and who wish to enroll in qualified health plans through Affordable Insurance Exchanges (Exchanges) and claim the premium tax credit.

Rational expectations, risk and efficiency in energy futures markets

Energy Technology Data Exchange (ETDEWEB)

Serletis, Apostolos (Calgary Univ., AB (CA). Dept. of Economics)

1991-04-01

Conditional on the hypothesis that energy futures markets are efficient or rational, this paper uses Fama's regression approach to measure the information in energy futures prices about future spot prices and time varying premiums. The paper finds that the premium and expected future spot price components of energy futures prices are negatively correlated and that most of the variation in futures prices is variation in expected premiums. (author).

Rating a Wildfire Mitigation Strategy with an Insurance Premium: A Boreal Forest Case Study

Directory of Open Access Journals (Sweden)

Georgina Rodriguez-Baca

2016-05-01

Full Text Available Risk analysis entails the systematic use of historical information to determine the frequency, magnitude and effects of unexpected events. Wildfire in boreal North America is a key driver of forest dynamics and may cause very significant economic losses. An actuarial approach to risk analysis based on cumulative probability distributions was developed to reduce the adverse effects of wildfire. To this effect, we developed spatially explicit landscape models to simulate the interactions between harvest, fire and forest succession over time in a boreal forest of eastern Canada. We estimated the amount of reduction of timber harvest necessary to build a buffer stock of sufficient size to cover fire losses and compared it to an insurance premium estimated in units of timber volume from the probability of occurrence and the amount of damage. Overall, the timber harvest reduction we applied was much more costly than the insurance premium even with a zero interest rate. This is due to the fact that the insurance premium is directly related to risk while the timber harvest reduction is not and, as a consequence, is much less efficient. These results, especially the comparison with a standard indicator such as an insurance premium, have useful implications at the time of choosing a mitigation strategy to protect timber supplies against risk without overly diminishing the provision of services from the forest. They are also promoting the use of insurance against disastrous events in forest management planning.

Plan–Provider Integration, Premiums, and Quality in the Medicare Advantage Market

Science.gov (United States)

Frakt, Austin B; Pizer, Steven D; Feldman, Roger

2013-01-01

Objective. To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. Data Source. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. Study Design. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan–provider integration. Data Collection. With the exception of Medigap premium data, all data were publicly available. We ascertained plan–provider integration through examination of plans’ websites and governance documents. Principal Findings. We found that integrated plan–providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Conclusions. Current policy encourages plan–provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). PMID:23800017

Plan-provider integration, premiums, and quality in the Medicare Advantage market.

Science.gov (United States)

Frakt, Austin B; Pizer, Steven D; Feldman, Roger

2013-12-01

To investigate how integration between Medicare Advantage plans and health care providers is related to plan premiums and quality ratings. We used public data from the Centers for Medicare and Medicaid Services (CMS) and the Area Resource File and private data from one large insurer. Premiums and quality ratings are from 2009 CMS administrative files and some control variables are historical. We estimated ordinary least-squares models for premiums and plan quality ratings, with state fixed effects and firm random effects. The key independent variable was an indicator of plan-provider integration. With the exception of Medigap premium data, all data were publicly available. We ascertained plan-provider integration through examination of plans' websites and governance documents. We found that integrated plan-providers charge higher premiums, controlling for quality. Such plans also have higher quality ratings. We found no evidence that integration is associated with more generous benefits. Current policy encourages plan-provider integration, although potential effects on health insurance products and markets are uncertain. Policy makers and regulators may want to closely monitor changes in premiums and quality after integration and consider whether quality improvement (if any) justifies premium increases (if they occur). © Health Research and Educational Trust.

PENENTUAN CADANGAN PREMI DENGAN METODE PREMIUM SUFFICIENCY PADA ASURANSI JIWA SEUMUR HIDUP JOINT LIFE

OpenAIRE

NI PUTU MIRAH PERMATASARI; I NYOMAN WIDANA; KARTIKA SARI

2016-01-01

The aim of this research was to get the formula of premium reserves through the premium sufficiency method. Premium reserve is the amount of fund that is collected by the insurance company in preparation for the claim’s payment. Premium sufficiency method is gross premium calculation. To construct that formula, this research used Tabel Mortalitas Indonesia (TMI) 2011, interest rate 2.5% and cost of alpha %. Based on simulation result in men premium reserve value of age 1 of 56 years propotio...

The impact of CHIP premium increases on insurance outcomes among CHIP eligible children.

Science.gov (United States)

Nikolova, Silviya; Stearns, Sally

2014-03-03

Within the United States, public insurance premiums are used both to discourage private health policy holders from dropping coverage and to reduce state budget costs. Prior research suggests that the odds of having private coverage and being uninsured increase with increases in public insurance premiums. The aim of this paper is to test effects of Children's Health Insurance Program (CHIP) premium increases on public insurance, private insurance, and uninsurance rates. The fact that families just below and above a state-specific income cut-off are likely very similar in terms of observable and unobservable characteristics except the premium contribution provides a natural experiment for estimating the effect of premium increases. Using 2003 Medical Expenditure Panel Survey (MEPS) merged with CHIP premiums, we compare health insurance outcomes for CHIP eligible children as of January 2003 in states with a two-tier premium structure using a cross-sectional regression discontinuity methodology. We use difference-in-differences analysis to compare longitudinal insurance outcomes by December 2003. Higher CHIP premiums are associated with higher likelihood of private insurance. Disenrollment from CHIP in response to premium increases over time does not increase the uninsurance rate. When faced with higher CHIP premiums, private health insurance may be a preferable alternative for CHIP eligible families with higher incomes. Therefore, competition in the insurance exchanges being formed under the Affordable Care Act could enhance choice.

24 CFR 236.253 - Premiums-operating loss loans.

Science.gov (United States)

2010-04-01

... Obligations for Mortgage Insurance § 236.253 Premiums—operating loss loans. All of the provisions of § 207.252a of this chapter relating to mortgage insurance premiums on operating loss loans shall apply to... Act the mortgage insurance premiums due in accordance with § 207.252a shall be calculated on the basis...

Differing Impacts Of Market Concentration On Affordable Care Act Marketplace Premiums.

Science.gov (United States)

Scheffler, Richard M; Arnold, Daniel R; Fulton, Brent D; Glied, Sherry A

2016-05-01

Recent increases in market concentration among health plans, hospitals, and medical groups raise questions about what impact such mergers are having on costs to consumers. We examined the impact of market concentration on the growth of health insurance premiums between 2014 and 2015 in two Affordable Care Act state-based Marketplaces: Covered California and NY State of Health. We measured health plan, hospital, and medical group market concentration using the well-known Herfindahl-Hirschman Index (HHI) and used a multivariate regression model to relate these measures to premium growth. Both states exhibited a positive association between hospital concentration and premium growth and a positive (but not statistically significant) association between medical group concentration and premium growth. Our results for health plan concentration differed between the two states: It was positively associated with premium growth in New York but negatively associated with premium growth in California. The health plan concentration finding in Covered California may be the result of its selectively contracting with health plans. Project HOPE—The People-to-People Health Foundation, Inc.

Efficiency Optimization Control of IPM Synchronous Motor Drives with Online Parameter Estimation

Directory of Open Access Journals (Sweden)

Sadegh Vaez-Zadeh

2011-04-01

Full Text Available This paper describes an efficiency optimization control method for high performance interior permanent magnet synchronous motor drives with online estimation of motor parameters. The control system is based on an input-output feedback linearization method which provides high performance control and simultaneously ensures the minimization of the motor losses. The controllable electrical loss can be minimized by the optimal control of the armature current vector. It is shown that parameter variations except at near the nominal conditions have undesirable effect on the controller performance. Therefore, a parameter estimation method based on the second method of Lyapunov is presented which guarantees the stability and convergence of the estimation. The extensive simulation results show the feasibility of the proposed controller and observer and their desirable performances.

On-line efficiency optimization of a synchronous reluctance motor

Energy Technology Data Exchange (ETDEWEB)

Lubin, Thierry; Razik, Hubert; Rezzoug, Abderrezak [Groupe de Recherche en Electrotechnique et Electronique de Nancy, GREEN, CNRS-UMR 7037, Universite Henri Poincare, BP 239, 54506 Vandoeuvre-les-Nancy Cedex (France)

2007-04-15

This paper deals with an on-line optimum-efficiency control of a synchronous reluctance motor drive. The input power minimization control is implemented with a search controller using Fibonacci search algorithm. It searches the optimal reference value of the d-axis stator current for which the input power is minimum. The input power is calculated from the measured dc-bus current and dc-bus voltage of the inverter. A rotor-oriented vector control of the synchronous reluctance machine with the optimization efficiency controller is achieved with a DSP board (TMS302C31). Experimental results are presented to validate the proposed control methods. It is shown that stability problems can appear during the search process. (author)

Employer choices of family premium sharing.

Science.gov (United States)

Vistnes, Jessica Primoff; Morrisey, Michael A; Jensen, Gail A

2006-03-01

In 1997, nearly two-thirds of married couples with children under age 18 were dual-earner couples. Such families may have a variety of insurance options available to them. If so, declining a high employee premium contribution may be a mechanism for one spouse to take money wages in lieu of coverage while the other spouse takes coverage rather than high wages. Employers may use these preferences and the size of premium contributions to encourage workers to obtain family coverage through their spouse. The purpose of this paper is to explore the effects of labor force composition, particularly the proportion of dual-earner couples in the labor market, on the marginal employee premium contribution (marginal EPC) for family coverage. We analyze data from the 1997-2001 Medical Expenditure Panel Survey--Insurance Component (MEPS-IC) List Sample of private establishments. We find strong evidence that the marginal EPC for family coverage is higher when there is a larger concentration of women in the workforce, but only in markets with a higher proportion of dual-earner households.

Motor-operated valve (MOV) actuator motor and gearbox testing

International Nuclear Information System (INIS)

DeWall, K.; Watkins, J.C.; Bramwell, D.

1997-07-01

Researchers at the Idaho National Engineering and Environmental Laboratory tested the performance of electric motors and actuator gearboxes typical of the equipment installed on motor-operated valves used in nuclear power plants. Using a test stand that simulates valve closure loads against flow and pressure, the authors tested five electric motors (four ac and one dc) and three gearboxes at conditions a motor might experience in a power plant, including such off-normal conditions as operation at high temperature and reduced voltage. They also monitored the efficiency of the actuator gearbox. All five motors operated at or above their rated starting torque during tests at normal voltages and temperatures. For all five motors, actual torque losses due to voltage degradation were greater than the losses calculated by methods typically used for predicting motor torque at degraded voltage conditions. For the dc motor the actual torque losses due to elevated operating temperatures were greater than the losses calculated by the typical predictive method. The actual efficiencies of the actuator gearboxes were generally lower than the running efficiencies published by the manufacturer and were generally nearer the published pull-out efficiencies. Operation of the gearbox at elevated temperature did not affect the operating efficiency

The Effect of Massachusetts' Health Reform on Employer-Sponsored Insurance Premiums.

Science.gov (United States)

Cogan, John F; Hubbard, R Glenn; Kessler, Daniel

2010-01-01

In this paper, we use publicly available data from the Medical Expenditure Panel Survey - Insurance Component (MEPS-IC) to investigate the effect of Massachusetts' health reform plan on employer-sponsored insurance premiums. We tabulate premium growth for private-sector employers in Massachusetts and the United States as a whole for 2004 - 2008. We estimate the effect of the plan as the difference in premium growth between Massachusetts and the United States between 2006 and 2008-that is, before versus after the plan-over and above the difference in premium growth for 2004 to 2006. We find that health reform in Massachusetts increased single-coverage employer-sponsored insurance premiums by about 6 percent, or $262. Although our research design has important limitations, it does suggest that policy makers should be concerned about the consequences of health reform for the cost of private insurance.

MOTOR THIRD PARTY LIABILITY INSURANCE – POLISH MARKET IN CONNECTIONS TO EUROPEAN TRENDS

Directory of Open Access Journals (Sweden)

Ilona Kwiecień

2011-07-01

Full Text Available Motor insurance, despite continuous product development, are still in most European countries, the predominant group of products sold by non-life Insurers. In the countries of Central and Eastern Europe is about 2/3 of the insurance written premiums. In the article authors analyze the areas and factors affecting the development of this class of insurance and current market changes in Poland in comparison to the European trends. The main attention has been devoted to number of accidents and road safety, frequency and amount of claims, other macroeconomics and legal factors. Also the financial issues, such as premium and profitability, were discussed.

Optimal Premium Pricing for a Heterogeneous Portfolio of Insurance Risks

OpenAIRE

Pantelous, Athanasios A.; Frangos, Nicholas E.; Zimbidis, Alexandros A.

2009-01-01

The paper revisits the classical problem of premium rating within a heterogeneous portfolio of insurance risks using a continuous stochastic control framework. The portfolio is divided into several classes where each class interacts with the others. The risks are modelled dynamically by the means of a Brownian motion. This dynamic approach is also transferred to the design of the premium process. The premium is not constant but equals the drift of the Brownian motion plus a controlled percent...

24 CFR 266.606 - Mortgage insurance premium: Duration and method of paying.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Mortgage insurance premium... AFFORDABLE MULTIFAMILY PROJECT LOANS Contract Rights and Obligations Mortgage Insurance Premiums § 266.606 Mortgage insurance premium: Duration and method of paying. (a) Duration of payments. Mortgage insurance...

Highly efficient retrograde gene transfer into motor neurons by a lentiviral vector pseudotyped with fusion glycoprotein.

Directory of Open Access Journals (Sweden)

Miyabi Hirano

Full Text Available The development of gene therapy techniques to introduce transgenes that promote neuronal survival and protection provides effective therapeutic approaches for neurological and neurodegenerative diseases. Intramuscular injection of adenoviral and adeno-associated viral vectors, as well as lentiviral vectors pseudotyped with rabies virus glycoprotein (RV-G, permits gene delivery into motor neurons in animal models for motor neuron diseases. Recently, we developed a vector with highly efficient retrograde gene transfer (HiRet by pseudotyping a human immunodeficiency virus type 1 (HIV-1-based vector with fusion glycoprotein B type (FuG-B or a variant of FuG-B (FuG-B2, in which the cytoplasmic domain of RV-G was replaced by the corresponding part of vesicular stomatitis virus glycoprotein (VSV-G. We have also developed another vector showing neuron-specific retrograde gene transfer (NeuRet with fusion glycoprotein C type, in which the short C-terminal segment of the extracellular domain and transmembrane/cytoplasmic domains of RV-G was substituted with the corresponding regions of VSV-G. These two vectors afford the high efficiency of retrograde gene transfer into different neuronal populations in the brain. Here we investigated the efficiency of the HiRet (with FuG-B2 and NeuRet vectors for retrograde gene transfer into motor neurons in the spinal cord and hindbrain in mice after intramuscular injection and compared it with the efficiency of the RV-G pseudotype of the HIV-1-based vector. The main highlight of our results is that the HiRet vector shows the most efficient retrograde gene transfer into both spinal cord and hindbrain motor neurons, offering its promising use as a gene therapeutic approach for the treatment of motor neuron diseases.

Price premium of organic salmon in Danish retail sale

DEFF Research Database (Denmark)

Ankamah Yeboah, Isaac; Nielsen, Max; Nielsen, Rasmus

2016-01-01

for organic salmon in Danish retail sale using consumer panel scanner data from households by applying a random effect hedonic price model that permits unobserved household heterogeneity. A price premium of 20% was identified for organic salmon. The magnitude of this premium is comparable to organic labeled...

77 FR 41048 - Health Insurance Premium Tax Credit; Correction

Science.gov (United States)

2012-07-12

... the health insurance premium tax credit enacted by the Patient Protection and Affordable Care Act and... DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Part 1 [TD 9590] RIN 1545-BJ82 Health Insurance Premium Tax Credit; Correction AGENCY: Internal Revenue Service (IRS), Treasury. ACTION...

Premium growth and its effect on employer-sponsored insurance.

Science.gov (United States)

Vistnes, Jessica; Selden, Thomas

2011-03-01

We use variation in premium inflation and general inflation across geographic areas to identify the effects of downward nominal wage rigidity on employers' health insurance decisions. Using employer level data from the 2000 to 2005 Medical Expenditure Panel Survey-Insurance Component, we examine the effect of premium growth on the likelihood that an employer offers insurance, eligibility rates among employees, continuous measures of employee premium contributions for both single and family coverage, and deductibles. We find that small, low-wage employers are less likely to offer health insurance in response to increased premium inflation, and if they do offer coverage they increase employee contributions and deductible levels. In contrast, larger, low-wage employers maintain their offers of coverage, but reduce eligibility for such coverage. They also increase employee contributions for single and family coverage, but not deductibles. Among high-wage employers, all but the largest increase deductibles in response to cost pressures.

Impact of terrorism and political instability on equity premium: Evidence from Pakistan

Science.gov (United States)

MengYun, Wu; Imran, Muhammad; Zakaria, Muhammad; Linrong, Zhang; Farooq, Muhammad Umer; Muhammad, Shah Khalid

2018-02-01

The study quantifies the impact of terrorism and political instability on firm equity premium in Pakistan using panel data for 306 non-financial firms for the period 2001 to 2014. Other variables included are law & order, government regime change and financial crisis of 2007/08. The estimated results reveal that terrorism has statistically significant negative impact on firm equity premium in Pakistan. This result is robust with alternative equation specifications. The result also remains same when terrorism variable is replaced with external and internal conflict variables. Law & order variable has significant positive effect on firm equity premium, which implies that equity premium increases with the improvement in law & order situation in the country. Equity premium also increases with government stability and when there is democratic system in the country. The result also reveals that global financial crisis of 2007/08 negatively influenced the firm equity premium. The study suggests some policy implications.

POTENTIAL FOR RARE EARTH ELEMENT RESOURCE EFFICIENCY IMPROVEMENTS IN PERMANENT MAGNET MOTORS THROUGH AN EXTENSION OF THE ELECTRIC MOTOR PRODUCT GROUP REGULATION UNDER THE EU ECODESIGN DIRECTIVE

OpenAIRE

Machacek, Erika; Dalhammar, Carl

2013-01-01

It has been proposed that the EU Ecodesign Directive can promote resource efficiency through relevant ecodesign requirements. This paper examines the potential for rare earth element (REE) resource efficiency improvements in the event the current regulation for electric motors under the Ecodesign Directive is to be extended to comprise REE-based permanent magnet motors. The research is based on literature studies, questionnaires and semi-structured interviews with representatives from industr...

Effects of economies of scale and experience on the costs of energy-efficient technologies. Case study of electric motors in Germany

Energy Technology Data Exchange (ETDEWEB)

Jardot, D.; Eichhammer, W.; Fleiter, T. [Fraunhofer Institute for Systems and Innovation Research (ISI), Breslauer Str. 48, 76139 Karlsruhe (Germany)

2010-11-15

Increasing energy efficiency is discussed as an effective way to protect the climate, even though this is frequently associated with additional (investment) costs when compared to standard technologies. However, the investment costs of emerging energy-efficient technologies can be reduced by economies of scale and experience curve effects. This also brings about higher market penetration by lowering market barriers. Experience curves have already been analyzed in detail for renewable energy technologies, but are not as well documented for energy-efficient technologies despite their significance for energy and climate policy decisions. This work provides empirical evidence for effects of economies of scale and experience on the costs of energy-efficient electric motors. We apply a new methodology to the estimation of learning effects that is particularly promising for energy-efficient technologies where the very low data availability did not allow calculations of learning rates so far. Energy-efficient electric motors are a highly relevant energy technology that is responsible for about 55% of German electricity consumption. The analysis consists of three main steps. First, the calculation of composite price indices based on gross value added statistics for Germany which show the changes in cost components of electric motors over the period 1995 to 2006; second, an estimation of the corresponding learning rate which is, in a third step, compared with learning rates observed for other energy-efficient technologies in a literature review. Due to restrictions of data availability, it was not possible to calculate a learning rate for the differential costs of energy-efficient motors compared to standard motors. Still, we estimated a learning rate of 9% for 'Eff2' motors in a period when they penetrated the market and replaced the less efficient 'Eff3' motors. Furthermore, we showed the contribution of different effects to these cost reductions, like

Interdependence of life insurance service quality and premium

Directory of Open Access Journals (Sweden)

Dragan Benazić

2006-12-01

Full Text Available Insurance companies in Croatia feel the need to find new sources of competitive advantage on the Croatian life insurance market amid increasing competition and a poorly profiled offer of life insurance services. Lately, both marketing literature and practice seem to point to the shaping of a relationship between service quality and price as a possible solution to improving the position of insurance companies on the Croatian market. In providing life insurance services, the insurance companies should focus on the quality elements that offer certain benefits a client is willing to pay for. Changes in individual quality features have been evaluated differently by clients. Such differences in their evaluation of changes in the individual elements of service quality also reflect the willingness of clients to pay a suitable increase on their insurance premium. Improvements in the service quality features that are subjectively evaluated as important should lead to the client’s acceptance of a higher life insurance premium. The paper considers the interdependence between the quality of life insurance services and the premium from the aspect of the client’s willingness to pay a higher life insurance premium for a higher service quality.

24 CFR 203.22 - Payment of insurance premiums or charges; prepayment privilege.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Payment of insurance premiums or... Underwriting Procedures Eligible Mortgages § 203.22 Payment of insurance premiums or charges; prepayment privilege. (a) Payment of periodic insurance premiums or charges. Except with respect to mortgages for which...

26 CFR 1.848-2 - Determination of net premiums.

Science.gov (United States)

2010-04-01

... reinsurance agreements with parties not subject to United States taxation) are treated separately and are... consideration includes— (i) Advance premiums; (ii) Amounts in a premium deposit fund or similar account, to the... parties not subject to United States taxation. (2) Net consideration determined by a ceding company—(i) In...

31 CFR 337.13 - Payment of mortgage insurance premiums.

Science.gov (United States)

2010-07-01

... insurance premiums. When book-entry debentures are being purchased prior to maturity to pay for mortgage insurance premiums, the difference between the amount of the debentures purchased and the mortgage insurance... 31 Money and Finance: Treasury 2 2010-07-01 2010-07-01 false Payment of mortgage insurance...

Motor Challenge: Improving Efficiency of Tube Drawing Bench Reduces Energy Use by 34%

International Nuclear Information System (INIS)

Erika Ericksen

1999-01-01

The case study reveals how a manufacturer of high-precision, small-diameter steel tubing has reduced energy consumption and realized considerable electrical, labor, and materials cost savings with a more energy-efficient motor

Novel low harmonics 3-phase rectifiers for efficient motor systems; Novel low harmonics 3-phase rectifiers for efficient motor systems. Konzeptstudie - Schlussbericht

Energy Technology Data Exchange (ETDEWEB)

Pietkiewicz, A.; Melly, S.; Tucker, A.; Haeberle, N. [Schaffner EMV AG, Luterbach (Switzerland); Biner, H.-P. [Haute Ecole Specialisee de Suisse occidentale, HES-SO Valais, Sion (Switzerland)

2010-07-15

This final report for the Swiss Federal Office of Energy (SFOE) presents the results of a concept study made concerning novel low harmonics 3-phase rectifiers for efficient motor systems. The harmonic distortions which are produced by these systems are discussed and ways of minimising them are examined. The authors discuss novel, passive, multi-pulse current splitters that are considered to be cost efficient, compact and highly-reliable harmonics mitigation concepts for three-phase loads. According to the authors, functional prototypes for a nominal load of 4 kW proved, in laboratory tests, the outstanding properties of multi-pulse current splitters with respect to harmonics cancellation and robustness against voltage asymmetry. The design process, prototype construction and application tests are discussed, as are energy-saving potentials and marketing aspects.

Walking the Torque: Proposed Work Plan for Energy-Efficiency Policy Opportunities for Electric Motor-Driven Systems

Energy Technology Data Exchange (ETDEWEB)

NONE

2011-07-01

Electric motor-driven system is the largest single energy end use accounting for more than 40% of global electricity consumption. This paper sets out an ambitious but achievable target with the global work plan to improve the energy efficiency of electric motor-driven system by 10% to 15% based on the finding of working paper ''Energy-Efficiency Policy Opportunities for Electric Motor-Driven Systems (Waide et al., 2011)''. If governments commit to the proposed work plan immediately and maintain resourcing levels, this could be achieved by 2030 and it would be equivalent to reducing total global electricity use by around 5%. The proposed work plan of this paper is to align regulatory settings within a globally applicable scheme. The IEA believes this target can only be achieved through global co-operation leading to aligned national policy settings that countries can unlock the economies of scale that will result from using more energy efficient EMDS.

TESTING FOR RISK PREMIUMS IN THE WHEAT-FLOUR SUBSECTOR

OpenAIRE

Cotterill, Ronald W.; Salih, Hachim M.

1992-01-01

This paper specifies a model of wholesale flour price determination that incorporates risk measures for input prices (wheat) and a joint output price (millfeed). Tests using daily price data for a Buffalo flour miller indicate that risk premiums do exist. Moreover, these premiums persist in a model that incorporates hedging.

Induced motor vehicle travel from improved fuel efficiency and road expansion

Energy Technology Data Exchange (ETDEWEB)

Su Qing, E-mail: suq1@nku.edu [Department of Marketing, Economics and Sports Business, Northern Kentucky University, AST Center, Office 338, Nunn Drive, Highland Heights, KY 41099 (United States)

2011-11-15

This paper investigates the impact of improved fuel efficiency and road network expansion on motor vehicle travel using a system dynamic panel data estimator and panel data at the state level for the 2001-2008 period. Our model accounts for endogenous changes in fuel efficiency, congestion, fuel cost per mile, and vehicle stock. Our regression results suggest that the short run rebound effect is 0.0276 while the long run rebound effect is 0.11. The short run effect of road capacity per capita is 0.066 while the long run effect is 0.26. - Highlights: > We estimate two effects: the rebound effect and induced travel effect at the state level. > System dynamic panel data approach is used to address endogeneity issue. > In the period of 2001-2008, the rebound effect is 0.0276 in the short run and 0.11 in the long run. > Increase in road capacity induces motor vehicle travel. > Induced travel effect is 0. 0.066 in the short run and 0.26 in the long run.

Induced motor vehicle travel from improved fuel efficiency and road expansion

International Nuclear Information System (INIS)

Su Qing

2011-01-01

This paper investigates the impact of improved fuel efficiency and road network expansion on motor vehicle travel using a system dynamic panel data estimator and panel data at the state level for the 2001-2008 period. Our model accounts for endogenous changes in fuel efficiency, congestion, fuel cost per mile, and vehicle stock. Our regression results suggest that the short run rebound effect is 0.0276 while the long run rebound effect is 0.11. The short run effect of road capacity per capita is 0.066 while the long run effect is 0.26. - Highlights: → We estimate two effects: the rebound effect and induced travel effect at the state level. → System dynamic panel data approach is used to address endogeneity issue. → In the period of 2001-2008, the rebound effect is 0.0276 in the short run and 0.11 in the long run. → Increase in road capacity induces motor vehicle travel. → Induced travel effect is 0. 0.066 in the short run and 0.26 in the long run.

Decreasing relative risk premium

DEFF Research Database (Denmark)

Hansen, Frank

2007-01-01

such that the corresponding relative risk premium is a decreasing function of present wealth, and we determine the set of associated utility functions. We find a new characterization of risk vulnerability and determine a large set of utility functions, closed under summation and composition, which are both risk vulnerable...

Numerical and experimental comparison of electromechanical properties and efficiency of HTS and ferromagnetic hysteresis motors

International Nuclear Information System (INIS)

Inacio, D; Inacio, S; Pina, J; Goncalves, A; Neves, M Ventim; Rodrigues, A Leao

2008-01-01

Hysteresis motors are very attractive in a wide range of fractional power applications, due to its torque-speed characteristics and simplicity of construction. This motor's performance is expected to improve when HTS rotors are used, and in fact, hysteresis motors have shown to be probably the most viable electrical machines using HTS materials. While these motors, either conventional or HTS, are both hysteresis motors, they base their operation on different physical phenomena: hysteretic behaviour in conventional ferromagnetic materials is due to the material's non-linear magnetic properties, while in HTS materials the hysteresis has an ohmic nature and is related with vortices' dynamics. In this paper, theoretical aspects of both conventional and HTS hysteresis motors are discussed, its operation principles are highlighted, and the characteristics of both motors are presented. The characteristics, obtained both by experimental tests and numerical simulation (made with commercial software), are compared, in order to evaluate not only the motor's electromechanical performances but also the overall systems efficiency, including cryogenics for the HTS device

The rewritable effects of bonded magnet for large starting torque and high efficiency in the small power single-phase written pole motor

Science.gov (United States)

Choi, Jae-Hak; Lee, Sung-Ho

2009-04-01

This paper presents a single-phase written pole motor using a bonded ring magnet for the small power home application. The motor has an exciter pole structure inside the stator and hybrid characteristics of an induction motor and permanent magnet motor. The design parameters and operating characteristics of the hybrid concept motor are investigated to increase starting torque and efficiency, which is most important for the small power home application. Larger starting torque and higher efficiency than those of the conventional induction motor could be obtained by using the rewritable characteristics of bonded magnet on the starting and running conditions.

MODEL PERAMALAN KONSUMSI BAHAN BAKAR JENIS PREMIUM DI INDONESIA DENGAN REGRESI LINIER BERGANDA

Directory of Open Access Journals (Sweden)

Farizal

2014-12-01

Full Text Available Energy consumption forecasting, especially premium, is an integral part of energy management. Premium is a type of energy that receives government subsidy. Unfortunately, premium forecastings being performed have considerable high error resulting difficulties on reaching planned subsidy target and exploding the amount. In this study forecasting was conducted using multilinear regression (MLR method with ten candidate predictor variables. The result shows that only four variables which are inflation, selling price disparity between pertamanx and premium, economic growth rate, and the number of car, dictate premium consumption. Analsys on the MLR model indicates that the model has a considerable low error with the mean absolute percentage error (MAPE of 5.18%. The model has been used to predict 2013 primium consumption with 1.05% of error. The model predicted that 2013 premium consumption was 29.56 million kiloliter, while the reality was 29.26 million kiloliter.

5 CFR 890.502 - Withholdings, contributions, LWOP, premiums, and direct premium payment.

Science.gov (United States)

2010-01-01

... amount equal to the premiums for a pay period during which the employee was in a leave without pay (LWOP... for every pay period during which the enrollment continues, except for the 31-day temporary extension... 365 days. (1) An employee who is granted leave without pay (LWOP) under subpart L of part 630 of this...

Experimental measurement of efficiency and transport coherence of a cold-atom Brownian motor in optical lattices.

Science.gov (United States)

Zelan, M; Hagman, H; Labaigt, G; Jonsell, S; Dion, C M

2011-02-01

The rectification of noise into directed movement or useful energy is utilized by many different systems. The peculiar nature of the energy source and conceptual differences between such Brownian motor systems makes a characterization of the performance far from straightforward. In this work, where the Brownian motor consists of atoms interacting with dissipative optical lattices, we adopt existing theory and present experimental measurements for both the efficiency and the transport coherence. We achieve up to 0.3% for the efficiency and 0.01 for the Péclet number.

The effect of induction motor shaft diameter on motor performance

Directory of Open Access Journals (Sweden)

Asım Gökhan Yetgin

2017-10-01

Full Text Available Induction motors are used in many areas from the past to the present and in different fields with the development of technology has continued to be used. It is obvious that induction motors as an improvement to the efficiency in terms of energy saving would cause great benefit. In that context, induction motor manufacturers and designers are constantly trying out new methods to improve motor performance and efficiency. In this study, what would be the optimum diameter of the shaft in order to increase the efficiency of the induction motor were investigated. In the study, 5.5 kW, 7.5 kW and 11 kW motors analyzes were also performed. Obtained shaft diameter values were compared with the manufacturer values. In addition, critical points such as the magnetic flux values, weight values and performances of the motors were examined and optimal shaft diameter values for each motor have been determined.

75 FR 9247 - Single Family Mortgage Insurance Premium, Single Family

Science.gov (United States)

2010-03-01

... DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT [Docket No. FR-5376-N-13] Single Family Mortgage Insurance Premium, Single Family AGENCY: Office of the Chief Information Officer, HUD. ACTION: Notice... is soliciting public comments on the subject proposal. Lenders use the Single Family Premium...

29 CFR 778.204 - “Clock pattern” premium pay.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false âClock patternâ premium pay. 778.204 Section 778.204 Labor... Excluded From the âRegular Rateâ Extra Compensation Paid for Overtime § 778.204 “Clock pattern” premium pay... pursuance of an applicable employment contract or collective bargaining agreement,” and the rates of pay and...

Fixed-premium deposit insurance and international credit crunches

OpenAIRE

Mark M. Spiegel

1996-01-01

This article introduces a monopolistically competitive model of foreign lending in which both explicit and implicit fixed-premium deposit insurance increase the degree to which bank participation in relending to problem debtors falls below its globally optimal level. This provides a channel for fixed-premium deposit insurance to inhibit credit extension in bad states, resulting in an increase in the expected default percentage and an increase in the expected burden on the deposit insurance in...

The electric motor handbook

Energy Technology Data Exchange (ETDEWEB)

Hurst, R.W.; Feltham, P. (eds.)

2004-05-01

This handbook outlines the important role that electric motors play in modern society. It covers the field of motor applications from various motor types to their use and repair. It also presents practical applications of electric motors and methods on motor efficiency. More than half of all electricity generated, and 75 per cent of all industrial electricity consumption is consumed by electric motors. Electrical personnel must be aware of all factors involved in electric motors in order to choose and apply the appropriate size of electric motor. These factors include efficiency, sizing and proper application. The efficient use and maximum life expectancy of electric motors depends on proper motor protection, control and maintenance. This handbook includes articles from leading experts on electric motors in modern electrical systems. The content includes: design considerations; proper electric motor sizing techniques; optimal electric motor application; electric motor protection technology; electric motor control principles; electric motor maintenance and troubleshooting; induction electric motors; electric motor bearing currents; electric motor bearing lubrication; electromagnetism; electric motor enclosures; electric motor testing; electric motor repair; DC electric motor; electric motor starters; electric motor brushes; industrial electric motors; electric motor diagrams; AC electric motors; electric motor wiring; electric motor service; electric motor rewinding; electric motor winding; diagram of electric motor wiring; electric motor kit; and, troubleshooting electric motors. A directory of motor manufacturers and suppliers was also included. refs., tabs., figs.

Mating motives are neither necessary nor sufficient to create the beauty premium.

Science.gov (United States)

Hafenbrädl, Sebastian; Dana, Jason

2017-01-01

Mating motives lead decision makers to favor attractive people, but this favoritism is not sufficient to create a beauty premium in competitive settings. Further, economic approaches to discrimination, when correctly characterized, could neatly accommodate the experimental and field evidence of a beauty premium. Connecting labor economics and evolutionary psychology is laudable, but mating motives do not explain the beauty premium.

26 CFR 1.163-11T - Allocation of certain prepaid qualified mortgage insurance premiums (temporary).

Science.gov (United States)

2010-04-01

... insurance premiums (temporary). 1.163-11T Section 1.163-11T Internal Revenue INTERNAL REVENUE SERVICE... insurance premiums (temporary). (a) Allocation—(1) In general. As provided in section 163(h)(3)(E), premiums... section applies whether the qualified mortgage insurance premiums are paid in cash or are financed...

The Written-Pole{sup TM} motor: high efficiency - low start current

Energy Technology Data Exchange (ETDEWEB)

Beck, B. [C.Eng. Precise Power Corp., Bradenton, FL (United States); Friesen, D. [P.E. Manitoba Hydro, Winnipeg (Canada)

2000-07-01

Written-Pole{sup TM} technology is a patented machine technology, which changes the magnetic polarity of the rotor field in a rotating machine, while the machine is operating. The number of poles is thereby changed, resulting in a constant frequency - variable speed machine. When operating as a motor, a Written-Pole machine has inherently low starting current and high operating efficiency. (orig.)

The impact of HMO competition on private health insurance premiums, 1985-1992.

Science.gov (United States)

Wickizer, T M; Feldstein, P J

1995-01-01

A critical unresolved health policy question is whether competition stimulated by managed care organizations can slow the rate of growth in health care expenditures. We analyzed the competitive effects of health maintenance organizations (HMOs) on the growth in fee-for-service indemnity insurance premiums over the period 1985-1992 using premium data on 95 groups that had policies with a single, large, private insurance carrier. We used multiple regressions to estimate the effect of HMO market penetration on insurance premium growth rates. HMO penetration had a statistically significant (p market whose HMO penetration rate increased by 25% (e.g., from 10% to 12.5%), the real rate of growth in premiums would be approximately 5.9% instead of 7.0%. Our findings indicate that competitive strategies, relying on managed care, have significant potential to reduce health insurance premium growth rates, thereby resulting in substantial cost savings over time.

The impact of instant reward programs and bonus premiums on consumer purchase behavior

NARCIS (Netherlands)

Minnema, Alec; Bijmolt, Tammo H. A.; Non, Marielle C.

This study examines the impact of an instant reward program (IRP) with bonus premiums on consumer purchase behavior. An IRP is a rapidly growing form of short-term program that rewards consumers instantly with small premiums per fixed spending, where these premiums are part of a larger set of

Efficiency improvement and torque ripple minimization of Switched Reluctance Motor using FEM and Seeker Optimization Algorithm

International Nuclear Information System (INIS)

Navardi, Mohammad Javad; Babaghorbani, Behnaz; Ketabi, Abbas

2014-01-01

Highlights: • This paper proposes a new method to optimize a Switched Reluctance Motor (SRM). • A combination of SOA and GA with Finite Element Method (FEM) analysis is employed to solve the SRM design optimization. • The results show that optimized SRM obtains higher average torque and higher efficiency. - Abstract: In this paper, performance optimization of Switched Reluctance Motor (SRM) was determined using Seeker Optimization Algorithm (SOA). The most efficient aim of the algorithm was found for maximum torque value at a minimum mass of the entire construction, following changing the geometric parameters. The optimization process was carried out using a combination of Seeker Optimization Algorithm and Finite Element Method (FEM). Fitness value was calculated by FEM analysis using COMSOL3.4, and the SOA was realized by MATLAB. The proposed method has been applied for a case study and it has been also compared with Genetic Algorithm (GA). The results show that the optimized motor using SOA had higher torque value and efficiency with lower mass and torque ripple, exhibiting the validity of this methodology for SRM design

Economic viability, applications and limits of efficient permanent magnet motors - Summary and update; Wirtschaftlichkeit, Anwendungen und Grenzen von effizienten Permanent-Magnet-Motoren - Zusammenfassung und Update - Schlussbericht

Energy Technology Data Exchange (ETDEWEB)

Lindegger, M. [Circle Motor AG, Guemligen (Switzerland); Biner, H.-P.; Evequoz, B. [Hochschule Westschweiz, Delemont (Switzerland); Salathe, D. [Hochschule Luzern Technik und Architektur, Horw (Switzerland)

2009-06-15

This final report for the Swiss Federal Office of Energy (SFOE), takes a look at the economic viability, applications and limits of efficient permanent magnet motors. Permanent magnet motors are compared with standard IEC asynchronous motors. In a theoretical part of the report, it is discussed how the increasing size of the motor influences efficiency, weight, volume and power. The results of practical tests carried out on six motors are presented. Three standard motors with varying efficiency were compared with three permanent-magnet motors for the power range around 3 kW. Market-oriented considerations concerning permanent-magnet motors are discussed. Operational criteria for the choice of the type of motor to be used are also examined.

5 CFR 892.301 - How do I pay my premium?

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false How do I pay my premium? 892.301 Section 892.301 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Contributions and...

The Phantom Gender Difference in the College Wage Premium

Science.gov (United States)

Hubbard, William H. J.

2011-01-01

A growing literature seeks to explain why so many more women than men now attend college. A commonly cited stylized fact is that the college wage premium is, and has been, higher for women than for men. After identifying and correcting a bias in estimates of college wage premiums, I find that there has been essentially no gender difference in the…

Synergetic motor control paradigm for optimizing energy efficiency of multijoint reaching via tacit learning.

Science.gov (United States)

Hayashibe, Mitsuhiro; Shimoda, Shingo

2014-01-01

A human motor system can improve its behavior toward optimal movement. The skeletal system has more degrees of freedom than the task dimensions, which incurs an ill-posed problem. The multijoint system involves complex interaction torques between joints. To produce optimal motion in terms of energy consumption, the so-called cost function based optimization has been commonly used in previous works.Even if it is a fact that an optimal motor pattern is employed phenomenologically, there is no evidence that shows the existence of a physiological process that is similar to such a mathematical optimization in our central nervous system.In this study, we aim to find a more primitive computational mechanism with a modular configuration to realize adaptability and optimality without prior knowledge of system dynamics.We propose a novel motor control paradigm based on tacit learning with task space feedback. The motor command accumulation during repetitive environmental interactions, play a major role in the learning process. It is applied to a vertical cyclic reaching which involves complex interaction torques.We evaluated whether the proposed paradigm can learn how to optimize solutions with a 3-joint, planar biomechanical model. The results demonstrate that the proposed method was valid for acquiring motor synergy and resulted in energy efficient solutions for different load conditions. The case in feedback control is largely affected by the interaction torques. In contrast, the trajectory is corrected over time with tacit learning toward optimal solutions.Energy efficient solutions were obtained by the emergence of motor synergy. During learning, the contribution from feedforward controller is augmented and the one from the feedback controller is significantly minimized down to 12% for no load at hand, 16% for a 0.5 kg load condition.The proposed paradigm could provide an optimization process in redundant system with dynamic-model-free and cost-function-free approach.

Synergetic motor control paradigm for optimizing energy efficiency of multijoint reaching via tacit learning

Science.gov (United States)

Hayashibe, Mitsuhiro; Shimoda, Shingo

2014-01-01

A human motor system can improve its behavior toward optimal movement. The skeletal system has more degrees of freedom than the task dimensions, which incurs an ill-posed problem. The multijoint system involves complex interaction torques between joints. To produce optimal motion in terms of energy consumption, the so-called cost function based optimization has been commonly used in previous works.Even if it is a fact that an optimal motor pattern is employed phenomenologically, there is no evidence that shows the existence of a physiological process that is similar to such a mathematical optimization in our central nervous system.In this study, we aim to find a more primitive computational mechanism with a modular configuration to realize adaptability and optimality without prior knowledge of system dynamics.We propose a novel motor control paradigm based on tacit learning with task space feedback. The motor command accumulation during repetitive environmental interactions, play a major role in the learning process. It is applied to a vertical cyclic reaching which involves complex interaction torques.We evaluated whether the proposed paradigm can learn how to optimize solutions with a 3-joint, planar biomechanical model. The results demonstrate that the proposed method was valid for acquiring motor synergy and resulted in energy efficient solutions for different load conditions. The case in feedback control is largely affected by the interaction torques. In contrast, the trajectory is corrected over time with tacit learning toward optimal solutions.Energy efficient solutions were obtained by the emergence of motor synergy. During learning, the contribution from feedforward controller is augmented and the one from the feedback controller is significantly minimized down to 12% for no load at hand, 16% for a 0.5 kg load condition.The proposed paradigm could provide an optimization process in redundant system with dynamic-model-free and cost-function-free approach

Software efical para la gestión eficiente de motores en la industria; Software Efical for Efficient Management of Motors in the Industry

Directory of Open Access Journals (Sweden)

Elías V de la Rosa Masdueño

2011-02-01

Full Text Available En este trabajo se explica el diseño, e implementación de una herramienta capaz de controlar y gestionareficientemente los motores eléctricos de una industria. Para ello se elaboró un software de fácil manejoque resolviera el problema y que además brindara otras opciones a los usuarios que hicieran uso delmismo. EFICAL®, controla el inventario de los motores y sus equipos accionados, sus parámetrosnominales, mantenimientos y ensayos, permite calcular la eficiencia por distintos métodos y brinda ademásdatos de catálogos de diversos fabricantes.  This work explains the developing and application of a software tool for efficient management of electricmotors in the industry. For this it was develop friendly software that solve the problem and more over givesanother option to users. EFICAL®, controls the motor inventory and the equipment that they drive, theirnominal parameters, maintenance, and testing; also allow the efficiency calculations by various methodsand gives the catalog data of some manufacturers.

The marriage premium and compensating wage differentials.

Science.gov (United States)

Reed, W R; Harford, K

1989-12-01

This paper proposes and tests an alternative explanation of the marriage premium that relies upon differences in workers' tastes and compensating wage differentials. A key assumption is that marital status proxies for the consumption of family goods, such as children, and that these are costly. Workers whose greater demands for family goods are taste- generated and shown to choose jobs that offer greater wage, and less non-pecuniary compensation. This creates an observed wage premium that has nothing to do with differences in workers' productivities. Supporting empirical evidence for this hypothesis is presented, including a reevaluation of previous studies.

Considerations for the selection of an applicable energy efficiency test procedure for electric motors in Malaysia: Lessons for other developing countries

International Nuclear Information System (INIS)

Yanti, P.A.A.; Mahlia, T.M.I.

2009-01-01

Electric motors are a major energy-consuming appliance in the industrial sector. According to a survey, electric motors account for more than 70% of the total growth from 1991 to 2004 in electricity consumption in this sector in Malaysia. To reduce electricity consumption, Malaysia should consider resetting the minimum energy efficiency standards for electric motors sometime in the coming year. The first step towards adopting energy efficiency standards is the creation of a procedure for testing and rating equipment. An energy test procedure is the technical foundation for all energy efficiency standards, energy labels and other related programs. The test conditions in the test procedure must represent the conditions of the country. This paper presents the process for the selection of an energy test procedure for electric motors in Malaysia based on the country's conditions and requirements. The adoption of test procedures for electric motors internationally by several countries is also discussed in this paper. Even though the paper only discusses the test procedure for electric motors in Malaysia, the methods can be directly applied in other countries without major modifications.

Enhancing conservation, ecosystem services, and local livelihoods through a wildlife premium mechanism.

Science.gov (United States)

Dinerstein, Eric; Varma, Keshav; Wikramanayake, Eric; Powell, George; Lumpkin, Susan; Naidoo, Robin; Korchinsky, Mike; Del Valle, Christian; Lohani, Shubash; Seidensticker, John; Joldersma, Dirk; Lovejoy, Thomas; Kushlin, Andrey

2013-02-01

We propose the wildlife premium mechanism as an innovation to conserve endangered large vertebrates. The performance-based payment scheme would allow stakeholders in lower-income countries to generate revenue by recovering and maintaining threatened fauna that can also serve as umbrella species (i.e., species whose protection benefits other species with which they co-occur). There are 3 possible options for applying the premium: option 1, embed premiums in a carbon payment; option 2, link premiums to a related carbon payment, but as independent and legally separate transactions; option 3, link premiums to noncarbon payments for conserving ecosystem services (PES). Each option presents advantages, such as incentive payments to improve livelihoods of rural poor who reside in or near areas harboring umbrella species, and challenges, such as the establishment of a subnational carbon credit scheme. In Kenya, Peru, and Nepal pilot premium projects are now underway or being finalized that largely follow option 1. The Kasigau (Kenya) project is the first voluntary carbon credit project to win approval from the 2 leading groups sanctioning such protocols and has already sold carbon credits totaling over $1.2 million since June 2011. A portion of the earnings is divided among community landowners and projects that support community members and has added over 350 jobs to the local economy. All 3 projects involve extensive community management because they occur on lands where locals hold the title or have a long-term lease from the government. The monitoring, reporting, and verification required to make premium payments credible to investors include transparent methods for collecting data on key indices by trained community members and verification of their reporting by a biologist. A wildlife premium readiness fund would enable expansion of pilot programs needed to test options beyond those presented here. © 2012 Society for Conservation Biology.

Stop-loss premiums under dependence

NARCIS (Netherlands)

Albers, Willem/Wim

1999-01-01

Stop-loss premiums are typically calculated under the assumption that the insured lives in the underlying portfolio are independent. Here we study the effects of small departures from this assumption. Using Edgeworth expansions, it is made transparent which configurations of dependence parameters

Premium Forecasting of an Insurance Company: Automobile Insurance

OpenAIRE

Fouladvand, M. Ebrahim; Darooneh, Amir H.

2002-01-01

We present an analytical study of an insurance company. We model the company's performance on a statistical basis and evaluate the predicted annual income of the company in terms of insurance parameters namely the premium, total number of the insured, average loss claims etc. We restrict ourselves to a single insurance class the so-called automobile insurance. We show the existence a crossover premium p_c below which the company is loss-making. Above p_c, we also give detailed statistical ana...

Country Value Premiums and Financial Crises

Directory of Open Access Journals (Sweden)

Adam Zaremba

2014-01-01

Full Text Available The paper concentrates on the value premium across countries and contributes to the investment and asset pricing literature in three ways. First, I provide fresh evidence that the high-value countries perform significantly better than the low-value countries. Additionally, this phenomenon is indifferent to the choice of the computational currency, representative index or value indicator. Second, I demonstrate that the value effect can be successfully amplified by combining with country-level size and momentum effects. Third, I show that returns to the high-value countries deteriorate in financial crisis conditions, because the country-level value premium is negatively correlated with the credit spreads, TED spread and expected volatility. I examine data from 66 markets between years 2000 and 2013.

76 FR 40741 - Federal Housing Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs...

Science.gov (United States)

2011-07-11

... Administration (FHA) Mortgage Insurance Premiums for Multifamily Housing Programs, Health Care Facilities and... mortgage insurance premiums (MIPs) for FHA Multifamily Housing, Health Care Facilities, and Hospital... mortgage insurance regulation at 24 CFR 207.254 provides as follows: Notice of future premium changes will...

The Value Premium on the Danish Stock Market

DEFF Research Database (Denmark)

Risager, Ole

2005-01-01

research on this issue. The purpose of this paper is to report evidence for the Danish stock market and to test whether the value premium is a genuine long-term feature of the market or just a phenomenon that pops up now and then. To research this issue we have collected accounting and stock market data......A number of influential studies have documented a strong value premium for US stocks over the period 1963 to 1990 (Fama and French (1992), Lakonishok et al. (1994)). Stocks with low price-earnings multiples, price-book values and other measures of value are reported to have given a higher mean...... return than the high multiple growth firms. Work by Basu (1997) and others have shown that the value dominance is also a feature of the earlier market history of the United States. The value premium is reported also to exist in a number of other countries over the period 1975 to 1995 (Fama and French...

24 CFR 220.806 - Pro rata refund of insurance premium.

Science.gov (United States)

2010-04-01

... refund of insurance premium. Upon termination of loan insurance contract by a payment in full or by a... equal to the pro rata portion of the current annual loan insurance premium theretofore paid which is... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Pro rata refund of insurance...

75 FR 16645 - Increase in the Primary Nuclear Liability Insurance Premium

Science.gov (United States)

2010-04-02

... Primary Nuclear Liability Insurance Premium AGENCY: Nuclear Regulatory Commission. ACTION: Final rule... impractical. The NRC is amending its regulations to increase the primary premium for liability insurance... protection requirements and indemnity agreements to increase the primary nuclear liability insurance layer...

Taking private labels upmarket : Empirical generalizations on category drivers of premium private label introductions

NARCIS (Netherlands)

Ter Braak, A.M.; Geyskens, I.; Dekimpe, M.G.

Premium private labels (PLs) are considered one of the hottest trends in grocery retailing. Still, retailers do not feel the need to introduce premium PLs in every category. Generalizing across approximately 150 categories for six retailers from two countries that already carry premium PLs for

26 CFR 1.6050H-3T - Information reporting of mortgage insurance premiums (temporary).

Science.gov (United States)

2010-04-01

... Information reporting of mortgage insurance premiums (temporary). (a) Information reporting requirements. Any... section applies to the receipt of all payments of mortgage insurance premiums, by cash or financing... premiums is determined on a mortgage-by-mortgage basis. A recipient need not aggregate mortgage insurance...

38 CFR 8.4 - Deduction of insurance premiums from compensation, retirement pay, or pension.

Science.gov (United States)

2010-07-01

...' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Premiums § 8.4 Deduction of insurance premiums from compensation, retirement pay, or pension. The insured under a National Service life insurance policy which is not lapsed may authorize the monthly deduction of premiums from disability...

Estimated value of insurance premium due to Citarum River flood by using Bayesian method

Science.gov (United States)

Sukono; Aisah, I.; Tampubolon, Y. R. H.; Napitupulu, H.; Supian, S.; Subiyanto; Sidi, P.

2018-03-01

Citarum river flood in South Bandung, West Java Indonesia, often happens every year. It causes property damage, producing economic loss. The risk of loss can be mitigated by following the flood insurance program. In this paper, we discussed about the estimated value of insurance premiums due to Citarum river flood by Bayesian method. It is assumed that the risk data for flood losses follows the Pareto distribution with the right fat-tail. The estimation of distribution model parameters is done by using Bayesian method. First, parameter estimation is done with assumption that prior comes from Gamma distribution family, while observation data follow Pareto distribution. Second, flood loss data is simulated based on the probability of damage in each flood affected area. The result of the analysis shows that the estimated premium value of insurance based on pure premium principle is as follows: for the loss value of IDR 629.65 million of premium IDR 338.63 million; for a loss of IDR 584.30 million of its premium IDR 314.24 million; and the loss value of IDR 574.53 million of its premium IDR 308.95 million. The premium value estimator can be used as neither a reference in the decision of reasonable premium determination, so as not to incriminate the insured, nor it result in loss of the insurer.

Estimating dual deposit insurance premium rates and forecasting non-performing loans: Two new models

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Nili, Farhad

2015-01-01

Risky banks that endanger the stability of the financial system should pay higher deposit insurance premiums than healthy banks and other financial institutions that have shown good financial performance. It is necessary, therefore, to have at least a dual fair premium rate system. In this paper, we develop a model for calculating dual fair premium rates. Our definition of a fair premium rate in this paper is a rate that could cover the operational expenditures of the deposit insuring organiz...

Selling Into the Sun: Price Premium Analysis of a Multi-State Dataset of Solar Homes

Energy Technology Data Exchange (ETDEWEB)

Adomatis, Sandra [Adomatis Appraisal Services, Punta Gorda, FL (United States); Jackson, Thomas [Texas A & M Univ. and Real Property Analytics Inc., College Station, TX (United States); Graff-Zivin, Joshua [Univ. of California, San Diego, CA (United States); Thayer, Mark [San Diego State Univ., CA (United States); Klise, Geoffrey [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Wiser, Ryan [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Hoen, Ben [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States)

2015-01-01

Capturing the value that solar photovoltaic (PV) systems may add to home sales transactions is increasingly important. Our study enhances the PV-home-valuation literature by more than doubling the number of PV home sales analyzed (22,822 homes in total, 3,951 of which are PV) and examining transactions in eight states that span the years 2002–2013. We find that home buyers are consistently willing to pay PV home premiums across various states, housing and PV markets, and home types; average premiums across the full sample equate to approximately $4/W or $15,000 for an average-sized 3.6-kW PV system. Only a small and non-statistically significant difference exists between PV premiums for new and existing homes, though some evidence exists of new home PV system discounting. A PV green cachet might exist, i.e., home buyers might pay a certain amount for any size of PV system and some increment more depending on system size. The market appears to depreciate the value of PV systems in their first 10 years at a rate exceeding the rate of PV efficiency losses and the rate of straightline depreciation over the asset’s useful life. Net cost estimates—which account for government and utility PV incentives—may be the best proxy for market premiums, but income-based estimates may perform equally well if they accurately account for the complicated retail rate structures that exist in some states. Although this study focuses only on host-owned PV systems, future analysis should focus on homes with third-party-owned PV systems.

The U.S. health insurance marketplace: are premiums truly affordable?

Science.gov (United States)

Graetz, Ilana; Kaplan, Cameron M; Kaplan, Erin K; Bailey, James E; Waters, Teresa M

2014-10-21

The Patient Protection and Affordable Care Act requires that individuals have health insurance or pay a penalty. Individuals are exempt from paying this penalty if the after-subsidy cost of the least-expensive plan available to them is greater than 8% of their income. For this study, premium data for all health plans offered on the state and federal health insurance marketplaces were collected; the after-subsidy cost of premiums for the least-expensive bronze plan for every county in the United States was calculated; and variations in premium affordability by age, income, and geographic area were assessed. Results indicated that-although marketplace subsidies ensure affordable health insurance for most persons in the United States-many individuals with incomes just above the subsidy threshold will lack affordable coverage and will be exempt from the mandate. Furthermore, young individuals with low incomes often pay as much as or more than older individuals for bronze plans. If substantial numbers of younger, healthier adults choose to remain uninsured because of cost, health insurance premiums across all ages may increase over time.

Fair premium rate of the deposit insurance system based on banks' creditworthiness

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Nili, Farhad

2017-01-01

Purpose: Deposit insurance is a key element in modern banking, as it guarantees the financial safety of deposits at depository financial institutions. It is necessary to have at least a dual fair premium rate system based on the creditworthiness of financial institutions, as considering a singular premium system for all banks will have a moral hazard. In this paper, we develop a theoretical as well as an empirical model for calculating dual fair premium rates. Design/methodology/approach: Our...

Residential consumers in the Cape Peninsula's willingness to pay for premium priced green electricity

International Nuclear Information System (INIS)

Oliver, Henry; Volschenk, Jako; Smit, Eon

2011-01-01

A number of studies have explored the willingness (i.e. stated willingness as opposed to actual willingness) of consumers to pay a premium for green electricity in developed countries. However, little is known about how this translates into an emerging economy context. This study investigates the level of willingness of residential households in South Africa's Cape Peninsula to pay a premium for electricity from renewable energy. It methodologically drew on recent contributions in the literature on norm-motivated behaviour used to identify testable factors that could influence residential consumers' willingness to pay (WTP). Interestingly, the study found a significant positive link between household income and WTP for green electricity, contrary to the findings of some previous studies. Not only are higher income households more likely to pay a premium, but typically they are also willing to pay a bigger premium. It was also further established that the view that green electricity is reliable, involvement in the recycling of waste and the belief that everyone should contribute to green electricity generation drive the WTP. - Research Highlights: →The study explored the drivers of willingness to pay (WTP) a premium for green electricity. →All the hypothesised drivers of WTP a premium were found to be significant. →Contrary to some former studies, income was found to be a good predictor of WTP and the pledged premium. →The quantum of the premium positively correlates with income levels.

THE IMPACT ON WOMEN ON THE REMOVAL OF GENDER AS A RATING VARIABLE IN MOTOR-VEHICLE INSURANCE

Directory of Open Access Journals (Sweden)

Anthea Natalie Wagener

2013-04-01

Full Text Available Insurers use actuarial statistics as rating variables to differentiate and distinguish for the purposes of risk classification. They justify their use of actuarial statistics due to its accuracy as a predictor of risk. South African motor-vehicle insurers use gender, inter alia, as a rating variable to classify risks into certain classes and to determine insurance premiums. Depending upon whether the insured is male or female, it could have a significant impact on the cost of his or her premium. Women drivers pay less for motor-vehicle insurance because actuarial statistics indicate that women are more careful drivers and are involved in 20 per cent fewer accidents than men. Men pay higher premiums because the statistics indicate that they are less responsible drivers than women.Should a South African court decide that the use of gender as a motor-vehicle insurance rating variable is unfair discrimination, this would benefit male drivers, as it would lower their premium. Women, on the other hand, would be disadvantaged as they would be required to pay higher premiums to subsidise men. The article examines the impact that the removal of gender as a rating variable in motor-vehicle insurance would have on women, and asks if the effects thereof would influence a South African Court’s decision in determining if the use of gender as a rating variable amounts to unfair discrimination. The article first considers the findings of American and Canadian Courts in determining this same issue and then considers South African equality legislation, particularly the Promotion of Equality and Prevention of Unfair Discrimination Act 4 of 2000 (“the Equality Act”. Thereafter, the article provides recommendations for a South African Court. As the Equality Act indicates that the discriminatory insurance practice of placing a disadvantage or advantage on persons based inter alia on their gender may possibly be unfair, it is suggested that South African

Is there evidence that recent consolidation in the health insurance industry has adversely affected premiums?

Science.gov (United States)

Kopit, William G

2004-01-01

James Robinson suggests that recent consolidation in the insurance market has been a cause of higher health insurance prices (premiums). Although the recent consolidation among health insurers and rising premiums are indisputable, it is unlikely that consolidation has had any adverse effect on premiums nationwide, and Robinson provides no data that suggest otherwise. Specifically, he does not present data showing an increase in concentration in any relevant market during the past few years, let alone any resulting increase in premiums. Health insurance consolidation in certain local markets could adversely affect premiums, but it seems clear that it is not a major national antitrust issue.

Do "premium" joint implants add value?: analysis of high cost joint implants in a community registry.

Science.gov (United States)

Gioe, Terence J; Sharma, Amit; Tatman, Penny; Mehle, Susan

2011-01-01

Numerous joint implant options of varying cost are available to the surgeon, but it is unclear whether more costly implants add value in terms of function or longevity. We evaluated registry survival of higher-cost "premium" knee and hip components compared to lower-priced standard components. Premium TKA components were defined as mobile-bearing designs, high-flexion designs, oxidized-zirconium designs, those including moderately crosslinked polyethylene inserts, or some combination. Premium THAs included ceramic-on-ceramic, metal-on-metal, and ceramic-on-highly crosslinked polyethylene designs. We compared 3462 standard TKAs to 2806 premium TKAs and 868 standard THAs to 1311 premium THAs using standard statistical methods. The cost of the premium implants was on average approximately $1000 higher than the standard implants. There was no difference in the cumulative revision rate at 7-8 years between premium and standard TKAs or THAs. In this time frame, premium implants did not demonstrate better survival than standard implants. Revision indications for TKA did not differ, and infection and instability remained contributors. Longer followup is necessary to demonstrate whether premium implants add value in younger patient groups. Level III, therapeutic study. See Guidelines for Authors for a complete description of levels of evidence.

Ability and Willingness to Pay Premium in the Framework of National Health Insurance System

Directory of Open Access Journals (Sweden)

Aulia Abdillah Ramadhan

2015-12-01

Full Text Available Background: The National Health Insurance is one of the government’s efforts to improve community access to health services. The government has fixed the premiums to be paid by community, except for underprivileged community. The aim of the study was to identify Ability to Pay (ATP and Willingness to Pay (WTP of the national health insurance premium. Methods: A descriptive study which involved 210 housewives who were chosen by rapid survey method was conducted from September to November 2013 in Cipacing village, Jatinangor, Sumedang, West Java. Data collection was using questionnaire to obtain level of ability and willingness to pay the health insurance premium. The results were compared to the required premium by the government (Rp 22,000,-. Results: Most of the respondents were only housewives, but there were still respondents who were private workers. Most of them were 20–39 years old. About 57.6% of the respondents were able to pay for the required premium, but Only 17.4% of the them were willing to pay according to the required premium. Conclusions: The ATP of the respondents are higher compared to the WTP, meaning that most of the respondents are able to pay the requires premium but are not willing to pay it.

Estimating Premium Sensitivity for Children's Public Health Insurance Coverage: Selection but No Death Spiral

Science.gov (United States)

Marton, James; Ketsche, Patricia G; Snyder, Angela; Adams, E Kathleen; Zhou, Mei

2015-01-01

Objective To estimate the effect of premium increases on the probability that near-poor and moderate-income children disenroll from public coverage. Data Sources Enrollment, eligibility, and claims data for Georgia's PeachCare for Kids™ (CHIP) program for multiple years. Study Design We exploited policy-induced variation in premiums generated by cross-sectional differences and changes over time in enrollee age, family size, and income to estimate the duration of enrollment as a function of the effective (per child) premium. We classify children as being of low, medium, or high illness severity. Principal Findings A dollar increase in the per-child premium is associated with a slight increase in a typical child's monthly probability of exiting coverage from 7.70 to 7.83 percent. Children with low illness severity have a significantly higher monthly baseline probability of exiting than children with medium or high illness severity, but the enrollment response to premium increases is similar across all three groups. Conclusions Success in achieving coverage gains through public programs is tempered by persistent problems in maintaining enrollment, which is modestly affected by premium increases. Retention is subject to adverse selection problems, but premium increases do not appear to significantly magnify the selection problem in this case. PMID:25130764

24 CFR 252.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 252.6 Section 252.6 Housing and Urban Development Regulations Relating to Housing and..., AND BOARD AND CARE HOMES § 252.6 Method of payment of mortgage insurance premiums. The provisions of..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT...

MCBS Highlights: Ownership and Average Premiums for Medicare Supplementary Insurance Policies

Science.gov (United States)

Chulis, George S.; Eppig, Franklin J.; Poisal, John A.

1995-01-01

This article describes private supplementary health insurance holdings and average premiums paid by Medicare enrollees. Data were collected as part of the 1992 Medicare Current Beneficiary Survey (MCBS). Data show the number of persons with insurance and average premiums paid by type of insurance held—individually purchased policies, employer-sponsored policies, or both. Distributions are shown for a variety of demographic, socioeconomic, and health status variables. Primary findings include: Seventy-eight percent of Medicare beneficiaries have private supplementary insurance; 25 percent of those with private insurance hold more than one policy. The average premium paid for private insurance in 1992 was $914. PMID:10153473

24 CFR 255.6 - Method of payment of mortgage insurance premiums.

Science.gov (United States)

2010-04-01

... insurance premiums. 255.6 Section 255.6 Housing and Urban Development Regulations Relating to Housing and... PROJECTS § 255.6 Method of payment of mortgage insurance premiums. The provisions of 24 CFR 251.6 shall..., DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT MORTGAGE AND LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT...

Effects of public premiums on children's health insurance coverage: evidence from 1999 to 2003.

Science.gov (United States)

Kenney, Genevieve; Hadley, Jack; Blavin, Fredric

This study uses 2000 to 2004 Current Population Survey data to examine the effects of public premiums on the insurance coverage of children whose family incomes are between 100% and 300% of the federal poverty level. The analysis employs multinomial logistic models that control for factors other than premium costs. While the magnitude of the estimated effects varies across models, the results consistently indicate that raising public premiums reduces enrollment in public programs, with some children who forgo public coverage having private coverage instead and others being uninsured. The results indicate that public premiums have larger effects when applied to lower-income families.

Optimal dynamic premium control in non-life insurance. Maximizing dividend pay-outs

DEFF Research Database (Denmark)

Højgaard, Bjarne

2002-01-01

In this paper we consider the problem of finding optimal dynamic premium policies in non-life insurance. The reserve of a company is modeled using the classical Cramér-Lundberg model with premium rates calculated via the expected value principle. The company controls dynamically the relative safety...... loading with the possibility of gaining or loosing customers. It distributes dividends according to a 'barrier strategy' and the objective of the company is to find an optimal premium policy and dividend barrier maximizing the expected total, discounted pay-out of dividends. In the case of exponential...

Geographic variation in premiums in health insurance marketplaces.

Science.gov (United States)

Barker, Abigail R; McBride, Timothy D; Kemper, Leah M; Mueller, Keith

2014-08-01

This policy brief analyzes the 2014 premiums associated with qualified health plans (QHPs) made available through new health insurance marketplaces (HIMs), an implementation of the Patient Protection and Affordable Care Act (ACA) of 2010. We report differences in premiums by insurance rating areas while controlling for other important factors such as the actuarial value of the plan (metal level), cost-of-living differences, and state-level decisions over type of rating area. While market equilibrium, based on experience and understanding of the characteristics of the new market, should not be expected this soon, preliminary results give policymakers key issues to monitor.

Estimating the market premium in short term interest rates

OpenAIRE

Hansen, Hans Fredrik

2006-01-01

Looking at the term structure in the interest rate market one can’t help notice the evident market premium above the central banks target rate. What factors might decide this premium? By using different variations of simple regression models we see that the model is constantly lagging the real time series. Acknowledging the fact that market clearings often are subject to several equations; we’re better able to develop a sensible model using a simultaneous equilibrium model. The multiple equat...

Experience Studies on Determining Life Premium Insurance Ratings: Practical Approaches

Directory of Open Access Journals (Sweden)

Mirela CRISTEA

2008-01-01

Full Text Available The focus of this article is to present the modelling tehcniques used on international practice in the evaluation of right life premiums based. The knowledge and models obtained have a common element of mortality risk indicators but these are varied in different parts of the world. The common elements of these studies and models are generally based on a series of indicators which mainly point out their probability of survival and they are named the mortality indicators. These indicators represent the basis for the calculation of the premiums quotes and for the elaboration by the insurers of premium tables. The benefit for the policyholder is to obtain insurance at a fair and competitive price and for the insurer, to maintain the experience of its portfolio in line with mortality assumptions.

Growth and variability in health plan premiums in the individual insurance market before the Affordable Care Act.

Science.gov (United States)

Gruber, Jonathan

2014-06-01

Before we can evaluate the impact of the Affordable Care Act on health insurance premiums in the individual market, it is critical to understand the pricing trends of these premiums before the implementation of the law. Using rates of increase in the individual insurance market collected from state regulators, this issue brief documents trends in premium growth in the pre-ACA period. From 2008 to 2010, premiums grew by 10 percent or more per year. This growth was also highly variable across states, and even more variable across insurance plans within states. The study suggests that evaluating trends in premiums requires looking across a broad array of states and plans, and that policymakers must examine how present and future changes in premium rates compare with the more than 10 percent per year premium increases in the years preceding health reform.

5 CFR 892.102 - What is premium conversion and how does it work?

Science.gov (United States)

2010-01-01

...) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS... FEHB insurance premium. If you are a participant in the premium conversion plan, Section 125 of the...

The classification of explosion-proof protected induction motor into adequate temperature and efficiency class

Science.gov (United States)

Brinovar, Iztok; Srpčič, Gregor; Seme, Sebastijan; Štumberger, Bojan; Hadžiselimović, Miralem

2017-07-01

This article deals with the classification of explosion-proof protected induction motors, which are used in hazardous areas, into adequate temperature and efficiency class. Hazardous areas are defined as locations with a potentially explosive atmosphere where explosion may occur due to present of flammable gasses, liquids or combustible dusts (industrial plants, mines, etc.). Electric motors and electrical equipment used in such locations must be specially designed and tested to prevent electrical initiation of explosion due to high surface temperature and arcing contacts. This article presents the basic tests of three-phase explosion-proof protected induction motor with special emphasis on the measuring system and temperature rise test. All the measurements were performed with high-accuracy instrumentation and accessory equipment and carried out at the Institute of energy technology in the Electric machines and drives laboratory and Applied electrical engineering laboratory.

29 CFR 778.205 - Premiums for weekend and holiday work-example.

Science.gov (United States)

2010-07-01

... 29 Labor 3 2010-07-01 2010-07-01 false Premiums for weekend and holiday work-example. 778.205....205 Premiums for weekend and holiday work—example. The application of section 7(e)(6) may be illustrated by the following example: Suppose an agreement of employment calls for the payment of $7.50 an...

The case for risk-based premiums in public health insurance.

Science.gov (United States)

Zweifel, Peter; Breuer, Michael

2006-04-01

Uniform, risk-independent insurance premiums are accepted as part of 'managed competition' in health care. However, they are not compatible with optimality of health insurance contracts in the presence of both ex ante and ex post moral hazard. They have adverse effects on insurer behaviour even if risk adjustment is taken into account. Risk-based premiums combined with means-tested, tax-financed transfers are advocated as an alternative.

Association between rising professional liability insurance premiums and primary cesarean delivery rates.

Science.gov (United States)

Murthy, Karna; Grobman, William A; Lee, Todd A; Holl, Jane L

2007-12-01

To estimate the association between changes in Illinois professional liability premiums for obstetrician-gynecologists and singleton primary cesarean delivery rates. Data from the National Center for Health Statistics were used to identify all singleton births between 37 weeks and 44 weeks of gestation occurring in Illinois from 1998 through 2003. Primary cesarean delivery rates for women delivered between 37 weeks and 44 weeks of gestation per 1,000 gravid women eligible to have a primary cesarean delivery were calculated for each Illinois county. The annual medical professional liability premium for each county in Illinois was represented by the reported professional liability insurance rate charges (adjusted to 2004 dollars) from the ISMIE Mutual Insurance Company. Separate analyses were conducted for nulliparous and multiparous women. The independent association between county-level primary cesarean delivery rates and the previous year's insurance premiums was evaluated using linear regression models. During the study period, 817,521 women were eligible for inclusion in the analysis. The county-level mean primary cesarean delivery rate increased from 126 to 163 per 1,000 (Pinsurance premiums also rose significantly (from $60,766 in 1997 to $83,167 in 2002, Pinsurance premium increase, the primary cesarean delivery rate increased by 15.7 per 1,000 for nulliparous women. This association also was evident for multiparous women, who had an increase in cesarean deliveries of 4.7 per 1,000 for every $10,000 increase. Higher rates of primary cesarean delivery are associated with increased medical professional liability premiums for obstetrician-gynecologists in Illinois. II.

Economic analysis of price premiums in the presence of non-convexities. Evidence from German electricity markets

Energy Technology Data Exchange (ETDEWEB)

Paschmann, Martin

2017-11-15

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the market dynamics under analysis, a theoretical model is developed within this article which reveals that non-convexities in only a subset of sequential markets with differing product granularity may cause systematic price premiums at equilibrium. These price premiums may be bidirectional and reflect a value for additional short-term power supply system flexibility.

Economic analysis of price premiums in the presence of non-convexities. Evidence from German electricity markets

International Nuclear Information System (INIS)

Paschmann, Martin

2017-01-01

Analyzing price data from sequential German electricity markets, namely the day-ahead and intraday auction, a puzzling but apparently systematic pattern of price premiums can be identified. The price premiums are highly correlated with the underlying demand profile. As there is evidence that widespread models for electricity forward premiums are not applicable to the market dynamics under analysis, a theoretical model is developed within this article which reveals that non-convexities in only a subset of sequential markets with differing product granularity may cause systematic price premiums at equilibrium. These price premiums may be bidirectional and reflect a value for additional short-term power supply system flexibility.

12 CFR 329.103 - Premiums.

Science.gov (United States)

2010-01-01

... interest as defined in § 329.1(c). (a) Premiums, whether in the form of merchandise, credit, or cash, given... the balance in a demand deposit account and the duration of the account balance shall not be considered the payment of interest on a demand deposit account and shall not be subject to the limitations in...

5 CFR 892.202 - Are retirees eligible for the premium conversion plan?

Science.gov (United States)

2010-01-01

... conversion plan? 892.202 Section 892.202 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.202 Are retirees eligible for the premium conversion plan? No...

5 CFR 892.201 - Who is covered by the premium conversion plan?

Science.gov (United States)

2010-01-01

... plan? 892.201 Section 892.201 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.201 Who is covered by the premium conversion plan? (a) All...

26 CFR 1.822-11 - Net premiums.

Science.gov (United States)

2010-04-01

... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1...

26 CFR 1.823-1 - Net premiums.

Science.gov (United States)

2010-04-01

... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1...

26 CFR 1.823-4 - Net premiums.

Science.gov (United States)

2010-04-01

... TAXES Mutual Insurance Companies (other Than Life and Certain Marine Insurance Companies and Other Than Fire Or Flood Insurance Companies Which Operate on Basis of Perpetual Policies Or Premium Deposits) § 1...

Business Cycle and Risk Premium in the Colombian Stock Market

Directory of Open Access Journals (Sweden)

Andrés Mauricio Gómez Sánchez

2013-11-01

Full Text Available Through the Hodrick-Prescott methodology this paper presents a review about the relationship between the ex post risk premium of the stock market and business cycles observed in Colombia. Through quarterly information from the fourth quarter of 2001 to the third quarter of 2012, statistical evidence shows that the increase and decrease of ex post risk premium follow a countercyclical behavior in tune with existing research conducted about the United States and emerging economies, although with non-contemporary relationships with private consumption. In addition, it is found that in the last decade the Colombian risk premium follows a process of Auto Regressive Moving Average Models (ARMA, showing that there is no variation in at least two consecutive quarters and whose behavior is generated in part by external events at the domestic economic activity level experienced in near past periods.

Performance Comparison between a Permanent Magnet Synchronous Motor and an Induction Motor as a Traction Motor for High Speed Train

Science.gov (United States)

Kondo, Minoru; Kawamura, Junya; Terauchi, Nobuo

Performance tests are carried out to demonstrate the superiority of a permanent magnet synchronous motor to an induction motor as a traction motor for high-speed train. A prototype motor was manufactured by replacing the rotor of a conventional induction motor. The test results show that the permanent magnet motor is lighter, efficient and more silent than the induction motor because of the different rotor structure.

5 CFR 550.1409 - Inapplicability of premium pay and aggregate pay caps.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 1 2010-01-01 2010-01-01 false Inapplicability of premium pay and aggregate pay caps. 550.1409 Section 550.1409 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT CIVIL... Inapplicability of premium pay and aggregate pay caps. Accrued compensatory time off under this subpart is not...

Approximations for stop-loss reinsurance premiums

NARCIS (Netherlands)

Reijnen, Rajko; Albers, Willem/Wim; Kallenberg, W.C.M.

2005-01-01

Various approximations of stop-loss reinsurance premiums are described in literature. For a wide variety of claim size distributions and retention levels, such approximations are compared in this paper to each other, as well as to a quantitative criterion. For the aggregate claims two models are

The application of frequency converters and/or high efficiency motors in fans; Aplicacion de convertidores de frecuencia y/o motores de alta eficiencia en ventiladores

Energy Technology Data Exchange (ETDEWEB)

Delmar S, A. [Eficiencia Energetica, S.A. de C.V., Mexico, D. F. (Mexico)

1995-12-31

In this paper the characteristic curves of fans will be analyzed, some of the opportunities for energy conservation that can be applied and the precautions that have to be taken when a high efficiency motor is selected for this type of equipment. [Espanol] En este articulo se describiran las curvas caracteristicas de los ventiladores, algunas de las oportunidades de ahorro de energia que se pueden aplicar y las precauciones que hay que tomar cuando se seleccione un motor de alta eficiencia para estos equipos

The application of frequency converters and/or high efficiency motors in fans; Aplicacion de convertidores de frecuencia y/o motores de alta eficiencia en ventiladores

Energy Technology Data Exchange (ETDEWEB)

Delmar S, A [Eficiencia Energetica, S.A. de C.V., Mexico, D. F. (Mexico)

1996-12-31

In this paper the characteristic curves of fans will be analyzed, some of the opportunities for energy conservation that can be applied and the precautions that have to be taken when a high efficiency motor is selected for this type of equipment. [Espanol] En este articulo se describiran las curvas caracteristicas de los ventiladores, algunas de las oportunidades de ahorro de energia que se pueden aplicar y las precauciones que hay que tomar cuando se seleccione un motor de alta eficiencia para estos equipos

The China Motor Systems Energy Conservation Program: A major national initiative to reduce motor system energy use in China

Energy Technology Data Exchange (ETDEWEB)

Nadel, Steven; Wang, Wanxing; Liu, Peter; McKane, Aimee T.

2001-05-31

Electric motor systems are widely used in China to power fans, pumps, blowers, air compressors, refrigeration compressors, conveyers, machinery, and many other types of equipment. Overall, electric motor systems consume more than 600 billion kWh annually, accounting for more than 50 percent of China's electricity use. There are large opportunities to improve the efficiency of motor systems. Electric motors in China are approximately 2-4 percent less efficient on average than motors in the U.S. and Canada. Fans and pumps in China are approximately 3-5 percent less efficient than in developed countries. Even more importantly, motors, fans, pumps, air compressors and other motor-driven equipment are frequently applied with little attention to system efficiency. More optimized design, including appropriate sizing and use of speed control strategies, can reduce energy use by 20 percent or more in many applications. Unfortunately, few Chinese enterprises use or even know about these energy-saving practices. Opportunities for motor system improvements are probably greater in China than in the U.S. In order to begin capturing these savings, China is establishing a China Motor Systems Energy Conservation Program. Elements of this program include work to develop minimum efficiency standards for motors, a voluntary ''green motor'' labeling program for high-efficiency motors, efforts to develop and promote motor system management guidelines, and a training, technical assistance and financing program to promote optimization of key motor systems.

12 CFR 221.122 - Applicability of margin requirements to credit in connection with Insurance Premium Funding...

Science.gov (United States)

2010-01-01

... in connection with Insurance Premium Funding Programs. 221.122 Section 221.122 Banks and Banking...) Interpretations § 221.122 Applicability of margin requirements to credit in connection with Insurance Premium... with insurance premium funding programs. The inquiries are included in a set of guidelines in the...

77 FR 21580 - Changes in Certain Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for...

Science.gov (United States)

2012-04-10

... Multifamily Housing and Health Care Facility Mortgage Insurance Premiums for Fiscal Year (FY) 2013 AGENCY...: In accordance with HUD regulations, this notice announces changes of the mortgage insurance premiums... mortgage. The mortgage insurance premiums to be in effect for FHA firm commitments issued or reissued in FY...

Green signalling effects in the market for energy-efficient residential buildings

International Nuclear Information System (INIS)

Fuerst, Franz; Oikarinen, Elias; Harjunen, Oskari

2016-01-01

Highlights: • Energy efficiency (EE) levels are hypothesised to affect house transaction prices. • We estimate a hedonic model using Energy Performance Certificates from Finland. • A price premium is found for the most energy-efficient properties. • The empirical results are suggestive of a green signalling effect. • Demand for EE high performers appears to be segmented from lower tiers. - Abstract: Empirical evidence from recent studies suggests that the price premium on energy-efficient buildings is potentially higher than the pure capitalisation of energy savings but the empirical evidence on the size of the non-savings components is scant. This study aims to fill this research gap by investigating whether the mandatory energy efficiency ratings for residential properties imply benefits that go beyond energy savings. Using a sample of several thousand apartment transactions from Helsinki, Finland, we first test if higher ratings were significantly associated with higher prices. In addition to a large number of property and neighbourhood characteristics, this dataset contains information on building-level energy usage which allows us to distinguish between the cost savings effect of energy consumption and the value of more intangible factors associated with the energy label. The hedonic model yields a statistically significant 3.3% price premium for apartments in the top three energy-efficiency categories and 1.5% when a set of detailed neighbourhood characteristics are included. When maintenance costs containing energy usage costs are added, a robust and significant price premium of 1.3% persists whereas no differentiation is found for the medium and lower rating categories. These findings may be indicative of energy-efficient buildings having signalling value – and therefore an additional incentive to invest in such buildings – for ‘green’ consumers. However, a favourable energy rating did not appear to speed up the sales process in the

Users Handbook for the Argonne Premium Coal Sample Program

Energy Technology Data Exchange (ETDEWEB)

Vorres, K.S.

1993-10-01

This Users Handbook for the Argonne Premium Coal Samples provides the recipients of those samples with information that will enhance the value of the samples, to permit greater opportunities to compare their work with that of others, and aid in correlations that can improve the value to all users. It is hoped that this document will foster a spirit of cooperation and collaboration such that the field of basic coal chemistry may be a more efficient and rewarding endeavor for all who participate. The different sections are intended to stand alone. For this reason some of the information may be found in several places. The handbook is also intended to be a dynamic document, constantly subject to change through additions and improvements. Please feel free to write to the editor with your comments and suggestions.

29 CFR 825.212 - Employee failure to pay health plan premium payments.

Science.gov (United States)

2010-07-01

... Family and Medical Leave Act § 825.212 Employee failure to pay health plan premium payments. (a)(1) In... obligations to maintain health insurance coverage cease under FMLA if an employee's premium payment is more... an employee's insurance in accordance with this section and fails to restore the employee's health...

Tax and the Use of Historic Returns in Estimating the Equity Risk Premium

OpenAIRE

Armitage, Seth

1998-01-01

The paper analyses the use of a historic risk premium as a proxy for the current premium allowing current tax rates to differ from historic rates. If tax rates are assumed constant, adjustments to the CAPM for an imputation system make the CAPM and cash flows to be discounted consistently with respect to tax, but do not model any effect of tax on the cost of equity. If tax rates are allowed to vary and a historic premium is used, the cost of equity is affected by the level of tax at which inv...

Calculation of benefit reserves based on true m-thly benefit premiums

Science.gov (United States)

Riaman; Susanti, Dwi; Supriatna, Agus; Nurani Ruchjana, Budi

2017-10-01

Life insurance is a form of insurance that provides risk mitigation in life or death of a human. One of its advantages is measured life insurance. Insurance companies ought to give a sum of money as reserves to the customers. The benefit reserves are an alternative calculation which involves net and cost premiums. An insured may pay a series of benefit premiums to an insurer equivalent, at the date of policy issue, to the sum of to be paid on the death of the insured, or on survival of the insured to the maturity date. A balancing item is required and this item is a liability for one of the parties and the other is an asset. The balancing item, in loan, is the outstanding principle, an asset for the lender and the liability for the borrower. In this paper we examined the benefit reserves formulas corresponding to the formulas for true m-thly benefit premiums by the prospective method. This method specifies that, the reserves at the end of the first year are zero. Several principles can be used for the determined of benefit premiums, an equivalence relation is established in our discussion.

ASSESSMENT OF COMBINED HEAT AND POWER SYSTEM"PREMIUM POWER" APPLICATIONS IN CALIFORNIA

Energy Technology Data Exchange (ETDEWEB)

Norwood, Zack; Lipman, Timothy; Stadler, Michael; Marnay, Chris

2010-06-01

The effectiveness of combined heat and power (CHP) systems for power interruption intolerant,"premium power," facilities is the focus of this study. Through three real-world case studies and economic cost minimization modeling, the economic and environmental performance of"premium power" CHP is analyzed. The results of the analysis for a brewery, data center, and hospital lead to some interesting conclusions about CHP limited to the specific CHP technologies installed at those sites. Firstly, facilities with high heating loads prove to be the most appropriate for CHP installations from a purely economic standpoint. Secondly, waste heat driven thermal cooling systems are only economically attractive if the technology for these chillers can increase above the current best system efficiency. Thirdly, if the reliability of CHP systems proves to be as high as diesel generators they could replace these generators at little or no additional cost if the thermal to electric (relative) load of those facilities was already high enough to economically justify a CHP system. Lastly, in terms of greenhouse gas emissions, the modeled CHP systems provide some degree of decreased emissions, estimated at approximately 10percent for the hospital, the application with the highest relative thermal load in this case

Residual stress evaluation by Barkhausen signals with a magnetic field sensor for high efficiency electrical motors

Science.gov (United States)

Tsuchida, Yuji; Enokizono, Masato

2018-04-01

The iron loss of industrial motors increases by residual stress during manufacturing processes. It is very important to make clear the distribution of the residual stress in the motor cores to reduce the iron loss in the motors. Barkhausen signals which occur on electrical steel sheets can be used for the evaluation of the residual stress because they are very sensitive to the material properties. Generally, a B-sensor is used to measure Barkhausen signals, however, we developed a new H-sensor to measure them and applied it into the stress evaluation. It is supposed that the Barkhausen signals by using a H-sensor can be much effective to the residual stress on the electrical steel sheets by referring our results regarding to the stress evaluations. We evaluated the tensile stress of the electrical steel sheets by measuring Barkhausen signals by using our developed H-sensor for high efficiency electrical motors.

Experimental thermodynamics of single molecular motor.

Science.gov (United States)

Toyabe, Shoichi; Muneyuki, Eiro

2013-01-01

Molecular motor is a nano-sized chemical engine that converts chemical free energy to mechanical motions. Hence, the energetics is as important as kinetics in order to understand its operation principle. We review experiments to evaluate the thermodynamic properties of a rotational F1-ATPase motor (F1-motor) at a single-molecule level. We show that the F1-motor achieves 100% thermo dynamic efficiency at the stalled state. Furthermore, the motor reduces the internal irreversible heat inside the motor to almost zero and achieves a highly-efficient free energy transduction close to 100% during rotations far from quasistatic process. We discuss the mechanism of how the F1-motor achieves such a high efficiency, which highlights the remarkable property of the nano-sized engine F1-motor.

Using the Black Scholes method for estimating high cost illness insurance premiums in Colombia

Directory of Open Access Journals (Sweden)

Liliana Chicaíza

2009-04-01

Full Text Available This article applied the Black-Scholes option valuation formula to calculating high-cost illness reinsurance premiums in the Colombian health system. The coverage pattern used in reinsuring high-cost illnesses was replicated by means of a European call option contract. The option’s relevant variables and parameters were adapted to an insurance market context. The premium estimated by the BlackScholes method fell within the range of premiums estimated by the actuarial method.

5 CFR 892.206 - Can I cancel my waiver and participate in premium conversion?

Science.gov (United States)

2010-01-01

... (CONTINUED) CIVIL SERVICE REGULATIONS (CONTINUED) FEDERAL FLEXIBLE BENEFITS PLAN: PRE-TAX PAYMENT OF HEALTH BENEFITS PREMIUMS Eligibility and Participation § 892.206 Can I cancel my waiver and participate in premium...

25 CFR 103.19 - When must the lender pay BIA the loan guaranty or insurance premium?

Science.gov (United States)

2010-04-01

... insurance premium? 103.19 Section 103.19 Indians BUREAU OF INDIAN AFFAIRS, DEPARTMENT OF THE INTERIOR FINANCIAL ACTIVITIES LOAN GUARANTY, INSURANCE, AND INTEREST SUBSIDY How a Lender Obtains a Loan Guaranty or Insurance Coverage § 103.19 When must the lender pay BIA the loan guaranty or insurance premium? The premium...

Pricing of premiums for equity-linked life insurance based on joint mortality models

Science.gov (United States)

Riaman; Parmikanti, K.; Irianingsih, I.; Supian, S.

2018-03-01

Life insurance equity - linked is a financial product that not only offers protection, but also investment. The calculation of equity-linked life insurance premiums generally uses mortality tables. Because of advances in medical technology and reduced birth rates, it appears that the use of mortality tables is less relevant in the calculation of premiums. To overcome this problem, we use a combination mortality model which in this study is determined based on Indonesian Mortality table 2011 to determine the chances of death and survival. In this research, we use the Combined Mortality Model of the Weibull, Inverse-Weibull, and Gompertz Mortality Model. After determining the Combined Mortality Model, simulators calculate the value of the claim to be given and the premium price numerically. By calculating equity-linked life insurance premiums well, it is expected that no party will be disadvantaged due to the inaccuracy of the calculation result

A diagnosis of eosinophilic esophagitis is associated with increased life insurance premiums.

Science.gov (United States)

Leiman, D A; Kochar, B; Posner, S; Fan, C; Patel, A; Shaheen, O; Keller, C Y; Koutlas, N T; Eluri, S; Dellon, E S

2018-05-24

Eosinophilic esophagitis (EoE) is a chronic disease that can be diagnosed at any age, but is not associated with malignancy and does not shorten lifespan. It remains unknown whether an EoE diagnosis affects insurability or insurance premium costs. We therefore aimed to determine whether a diagnosis of EoE affects the costs of life insurance. Our investigation was a secret shopper audit study whereby we contacted national insurance companies in the United States to evaluate the effect of a diagnosis of EoE on life insurance premiums. We constructed standardized case scenarios for males and females, including a 25-year-old and a 48-year-old without other comorbid conditions, who either had or did not have a diagnosis of EoE. Companies were asked for their best estimate for a $100,000 whole life insurance policy. Comparisons between median premiums were made using the Mann-Whitney U test. There were 20 national life insurance companies contacted and a total of 73 quotes were obtained. The median premium rate was similar for EoE and non-EoE cases at the younger age ($828 [IQR $576-1,020] vs. $756 [IQR $504-$804]; P = 0.10). However, the premium for the older case without EoE was 19% less expensive compared to a case with EoE ($1990 [IQR $1,248-2,350] vs. $2,375 [IQR $2,100-2568; P = 0.02]. This finding was not explained by sex or state of residence. Based on these findings, we conclude that life insurance premiums are significantly more expensive in the older patient case with EoE when compared to the same case without EoE. Patients with EoE and their providers should be aware of the additional cost associated with this diagnosis.

Estimating organic, local, and other price premiums in the Hawaii fluid milk market.

Science.gov (United States)

Loke, Matthew K; Xu, Xun; Leung, PingSun

2015-04-01

With retail scanner data, we applied hedonic price modeling to explore price premiums for organic, local, and other product attributes of fluid milk in Hawaii. Within the context of revealed preference, this analysis of organic and local attributes, under a single unified framework, is significant, as research in this area is deficient in the existing literature. This paper finds both organic and local attributes delivered price premiums over imported, conventional, whole fluid milk. However, the estimated price premium for organic milk (24.6%) is significantly lower than findings in the existing literature. Likewise, the price premium for the local attribute is estimated at 17.4%, again substantially lower compared with an earlier, stated preference study in Hawaii. Beyond that, we estimated a robust price premium of 19.7% for nutritional benefits claimed. The magnitude of this estimated coefficient reinforces the notion that nutrition information on food is deemed beneficial and valuable. Finally, package size measures the influence of product weight. With each larger package size, the estimate led to a corresponding larger price discount. This result is consistent with the practice of weight discounting that retailers usually offer with fresh packaged food. Additionally, we estimated a fairly high Armington elasticity of substitution, which suggests a relatively high degree of substitution between local and imported fluid milk when their relative price changes. Overall, this study establishes price premiums for organic, local, and nutrition benefits claimed for fluid milk in Hawaii. Copyright © 2015 American Dairy Science Association. Published by Elsevier Inc. All rights reserved.

Premium inflation in the Irish private health insurance market: drivers and consequences.

Science.gov (United States)

Turner, B

2013-12-01

Nearly half of the Irish population is covered by private health insurance. In recent years, premium inflation has been significantly ahead of overall inflation and has been accelerating. This has contributing to a drop in the numbers insured since the peak in 2008. The fall in the numbers with private health insurance also has implications for the public health system. Factors behind this premium inflation include rising charges for beds in public hospitals, increasing volume of treatments and increasing quality of service and cover. While some progress has been made by insurers on reducing fees paid to consultants and private hospitals, unless the quantity or quality of care are addressed then premium inflation is unlikely to abate.

76 FR 647 - Energy Conservation Program: Test Procedures for Electric Motors and Small Electric Motors

Science.gov (United States)

2011-01-05

... Electric Motors and Small Electric Motors; Proposed Rule #0;#0;Federal Register / Vol. 76, No. 3... Motors and Small Electric Motors AGENCY: Office of Energy Efficiency and Renewable Energy, Department of... motors and small electric motors, clarify the scope of energy conservation standards for electric motors...

Demand of Insurance under the Cost-of-Capital Premium Calculation Principle

Directory of Open Access Journals (Sweden)

Michael Merz

2014-06-01

Full Text Available We study the optimal insurance design problem. This is a risk sharing problem between an insured and an insurer. The main novelty in this paper is that we study this optimization problem under a risk-adjusted premium calculation principle for the insurance cover. This risk-adjusted premium calculation principle uses the cost-of-capital approach as it is suggested (and used by the regulator and the insurance industry.

24 CFR 213.259a - Premiums-mortgages insured pursuant to section 238(c) of the Act.

Science.gov (United States)

2010-04-01

.... All of the provisions of §§ 213.253 through 213.259 governing mortgage insurance premiums shall apply... mortgage insurance premiums due on such mortgages in accordance with §§ 213.253 through 213.259 shall be... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums-mortgages insured pursuant...

NEW VECTORS OF THE MOTOR INSURANCE DEVELOPMENT IN UKRAINE

Directory of Open Access Journals (Sweden)

N. Prikazyuk

2015-04-01

Full Text Available The essence and features of different forms of motor insurance are studied. As investigated, the motor insurance is one of the most popular types of insurance in many countries, and continues its further quality development. It is stated that the following new vectors of development has been recently observed in developed countries: Internet sales are getting significantly prevalent along with the traditional channels of insurance distribution; insurers’ websites provide a wide range of online features in motor insurance; innovations in motor insurance based on the use of telematics, particularly the usage-based insurance, are widely spread. Basic types of motor insurance, which represent the domestic market, are analyzed. It was found that the share of motor insurance in the insurance market of Ukraine is significant. As established, the proportion of net premiums of motor insurance is decreasing, because its development is significantly influenced by economic factors. Measures, applied by insurance companies in the domestic market of motor insurance to attract new customers and retain the existing ones, are defined. In particular, insurers are trying to develop the implementation of insurance services online, and use possibilities offered by mobile technologies. It was found that the domestic market of motor insurance is characterized by a high level of fraud, that is why some innovative measures in the domestic and international motor insurance agreements are taken to decrease it, such as the introduction of mandatory registration of insurance agents, who have the right to perform mediatory activity in compulsory civil liability insurance of owners of motor vehicles (CCLIOMV, and procedures for contracting the international insurance “Green Card” agreements with simultaneous entering the information on concluded agreement into a unified centralized database of Motor (transport insurance bureau of Ukraine using the “Green Card online�

In Second Year Of Marketplaces, New Entrants, ACA 'Co-Ops,' And Medicaid Plans Restrain Average Premium Growth Rates.

Science.gov (United States)

Gabel, Jon R; Whitmore, Heidi; Green, Matthew; Stromberg, Sam T; Weinstein, Daniel S; Oran, Rebecca

2015-12-01

Premiums for health insurance plans offered through the federally facilitated and state-based Marketplaces remained steady or increased only modestly from 2014 to 2015. We used data from the Marketplaces, state insurance departments, and insurer websites to examine patterns of premium pricing and the factors behind these patterns. Our data came from 2,964 unique plans offered in 2014 and 4,153 unique plans offered in 2015 in forty-nine states and the District of Columbia. Using descriptive and multivariate analysis, we found that the addition of a carrier in a rating area lowered average premiums for the two lowest-cost silver plans and the lowest-cost bronze plan by 2.2 percent. When all plans in a rating area were included, an additional carrier was associated with an average decline in premiums of 1.4 percent. Plans in the Consumer Operated and Oriented Plan Program and Medicaid managed care plans had lower premiums and average premium increases than national commercial and Blue Cross and Blue Shield plans. On average, premiums fell by an appreciably larger amount for catastrophic and bronze plans than for gold plans, and premiums for platinum plans increased. This trend of low premium increases overall is unlikely to continue, however, as insurers are faced with mounting medical claims. Project HOPE—The People-to-People Health Foundation, Inc.

Reduction of power consumption in motor-driven applications by using PM motors; PM = Permanent Magnet; Reduktion af elforbrug til motordrift ved anvendelse af PM motorer

Energy Technology Data Exchange (ETDEWEB)

Hvenegaard, C.M.; Hansen, Mads P.R.; Groenborg Nikolaisen, C. (Teknologisk Institut, Taastrup (Denmark)); Nielsen, Sandie B. (Teknologisk Institut, AArhus (Denmark)); Ritchie, E.; Leban, K. (Aalborg Univ., Aalborg (Denmark))

2009-12-15

The traditional asynchronous motor with aluminum rotor is today by far the most widespread and sold electric motor, but a new and more energy efficient type of engine - the permanent magnet motor (PM motor) - is expected in the coming years to win larger and larger market shares. Several engine manufacturers in Europe, USA and Asia are now beginning to market the PM motors, which can replace the traditional asynchronous motor. The project aims to uncover the pros and cons of replacing asynchronous motors including EFF1 engines with PM motors, including the price difference. Furthermore, it is identified how the efficiency of PM motors is affected by low load levels and at various forms of control. Finally, the energy savings potential is analysed, by replacing asynchronous motors with PM motors. The study includes laboratory tests of PM motors, made in a test stand at Danish Technological Institute. (ln)

24 CFR 207.252c - Premiums-mortgages insured pursuant to section 238(c) of the Act.

Science.gov (United States)

2010-04-01

.... All of the provisions of §§ 207.252 and 207.252a governing mortgage insurance premiums shall apply to... insurance premiums due on such mortgages in accordance with §§ 207.252 and 207.252a shall be calculated on... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Premiums-mortgages insured pursuant...

Did the Affordable Care Act's Dependent Coverage Mandate Increase Premiums?

OpenAIRE

Briggs Depew; James Bailey

2014-01-01

We investigate the impact of the Affordable Care Act's dependent coverage mandate on insurance premiums. The expansion of dependent coverage under the ACA allows young adults to remain on their parent's private health insurance plans until the age of 26. We find that the mandate has led to a 2.5-2.8 percent increase in premiums for health insurance plans that cover children, relative to single-coverage plans. We find no evidence that the mandate caused an increase in the amount of the employe...

Are Integrated Plan Providers Associated With Lower Premiums on the Health Insurance Marketplaces?

Science.gov (United States)

La Forgia, Ambar; Maeda, Jared Lane K; Banthin, Jessica S

2018-04-01

As the health insurance industry becomes more consolidated, hospitals and health systems have started to enter the insurance business. Insurers are also rapidly acquiring providers. Although these "vertically" integrated plan providers are small players in the insurance market, they are becoming more numerous. The health insurance marketplaces (HIMs) offer a unique setting to study integrated plan providers relative to other insurer types because the HIMs were designed to promote competition. In this descriptive study, the authors compared the premiums of the lowest priced silver plans of integrated plan providers with other insurer types on the 2015 and 2016 HIMs. Integrated plan providers were associated with modestly lower premiums relative to most other insurer types. This study provides early insights into premium competition on the HIMs. Examining integrated plan providers as a separate insurer type has important policy implications because they are a growing segment of the marketplaces and their pricing behavior may influence future premium trends.

Motor control for a brushless DC motor

Science.gov (United States)

Peterson, William J. (Inventor); Faulkner, Dennis T. (Inventor)

1985-01-01

This invention relates to a motor control system for a brushless DC motor having an inverter responsively coupled to the motor control system and in power transmitting relationship to the motor. The motor control system includes a motor rotor speed detecting unit that provides a pulsed waveform signal proportional to rotor speed. This pulsed waveform signal is delivered to the inverter to thereby cause an inverter fundamental current waveform output to the motor to be switched at a rate proportional to said rotor speed. In addition, the fundamental current waveform is also pulse width modulated at a rate proportional to the rotor speed. A fundamental current waveform phase advance circuit is controllingly coupled to the inverter. The phase advance circuit is coupled to receive the pulsed waveform signal from the motor rotor speed detecting unit and phase advance the pulsed waveform signal as a predetermined function of motor speed to thereby cause the fundamental current waveform to be advanced and thereby compensate for fundamental current waveform lag due to motor winding reactance which allows the motor to operate at higher speeds than the motor is rated while providing optimal torque and therefore increased efficiency.

Eficiencia de los motores de inducción con carga cíclica; Efficiency of Induction Motors with Cyclic Load

Directory of Open Access Journals (Sweden)

Elías de la Rosa Masdueño

2011-02-01

Full Text Available Se propone un nuevo método para determinar la eficiencia de trabajo de los motores de inducción queaccionan cargas cíclicas tales como bombas reciprocantes, martinetes, etc. El método se basa en lasegregación de pérdidas, y la determinación del gráfico de corriente y la energía total del ciclo. Se muestrauna comprobación experimental basada en un método de Monte Carlo.  A new method for finding the working efficiency of the induction motors moving cyclic loads is proposed.This type of loading is frequent in mechanism like piston pumps, hammers, etc. The method is based inthe losses segregation and the determination of the current graphic and the total energy in the cycle. Anexperimental proof based on Monte Carlo method is shown.

77 FR 26607 - Energy Conservation Program: Test Procedures for Electric Motors and Small Electric Motors

Science.gov (United States)

2012-05-04

... Conservation Program: Test Procedures for Electric Motors and Small Electric Motors; Final Rules #0;#0;Federal... Procedures for Electric Motors and Small Electric Motors AGENCY: Office of Energy Efficiency and Renewable... electric motors and small electric motors. That supplemental proposal, along with an earlier proposal from...

Brief report: Quantifying the impact of autism coverage on private insurance premiums.

Science.gov (United States)

Bouder, James N; Spielman, Stuart; Mandell, David S

2009-06-01

Many states are considering legislation requiring private insurance companies to pay for autism-related services. Arguments against mandates include that they will result in higher premiums. Using Pennsylvania legislation as an example, which proposed covering services up to $36,000 per year for individuals less than 21 years of age, this paper estimates potential premium increases. The estimate relies on autism treated prevalence, the number of individuals insured by affected plans, mean annual autism expenditures, administrative costs, medical loss ratio, and total insurer revenue. Current treated prevalence and expenditures suggests that premium increases would approximate 1%, with a lower bound of 0.19% and an upper bound of 2.31%. Policy makers can use these results to assess the cost-effectiveness of similar legislation.

Fuel taxes, motor vehicle emission standards and patents related to the fuel-efficiency and emissions of motor vehicles. Joint Meetings of Tax and Environment Experts

International Nuclear Information System (INIS)

Vollebergh, H.

2010-01-01

Contribution to the project on Taxation, Innovation and the Environment of OECD's Joint Meetings of Tax and Environment Experts. It studies the impacts of motor vehicle fuel taxes and mandatory fuel efficiency standards on relevant car-related innovation activity in selected car-producing countries.

The Pricing of Tail Risk and the Equity Premium: Evidence from International Option Markets

DEFF Research Database (Denmark)

Andersen, Torben Gustav; Fusari, Nicola; Todorov, Viktor

We explore the pricing of tail risk as manifest in index options across international equity markets. The risk premium associated with negative tail events displays persistent shifts, unrelated to volatility. This tail risk premium is a potent predictor of future equity returns, while option......-implied volatility only forecasts the future return variation. Hence, compensation for negative jump risk is the primary driver of the equity premium across all indices, whereas the reward for pure diffusive variance risk is largely unrelated to future equity returns. We also document pronounced commonalities...

The application of variable sampling method in the audit testing of insurance companies' premium income

Directory of Open Access Journals (Sweden)

Jovković Biljana

2012-12-01

Full Text Available The aim of this paper is to present the procedure of audit sampling using the variable sampling methods for conducting the tests of income from insurance premiums in insurance company 'Takovo'. Since the incomes from the insurance premiums from vehicle insurance and third-party vehicle insurance have the dominant share of the insurance company's income, the application of this method will be shown in the audit examination of these incomes - incomes from VI and TPVI premiums. For investigating the applicability of these methods in testing the income of other insurance companies, we shall implement the method of variable sampling in the audit testing of the premium income from the three leading insurance companies in Serbia, 'Dunav', 'DDOR' and 'Delta Generali' Insurance.

Empirical evaluation of the efficiency of the Iberian power futures market

Directory of Open Access Journals (Sweden)

Álvaro Capitán Herráiz

2008-12-01

Full Text Available Market efficiency is analysed for the Iberian Power Futures Market and other European Power Markets, as well as other fuel markets through evaluation of ex-post Forward Risk Premium. The equilibrium price from compulsory call auctions for distribution companies within the framework of the Iberian Power Futures Market is not optimal for remuneration purposes as it seems to be slightly upward biased, though such a premium is not significant (only around 2% above the average of Settlement Prices. In the period considered (August 2006 to September 2008, monthly futures contracts behave similarly to quarterly contracts. Average risk premia have been positive in power and natural gas markets but negative in oil and coal markets. Different hypotheses are tested regarding increasing volatility with maturity and regarding Forward Risk Premium correlations (negative with variance of spot prices during delivery period and positive with skewness of spot prices during delivery period. Enlarged data sets are recommended for stronger test results. Energy markets tend to show limited levels of market efficiency. Regarding the emerging Iberian Power Futures Market, price efficiency is improved with market development and with further integration of European Regional Power Markets.

Failure to pay for social health insurance premiums: Acts of protest or desperation?

Science.gov (United States)

von Wyl, Viktor; Beck, Konstantin

2015-01-01

In Switzerland, basic health insurance is mandatory for all inhabitants, but a rising number of insured have arrears in premium payments, potentially leading to coverage suspension. We aimed at characterizing insured with debt enforcement proceedings with respect to socio-demographic and health utilization aspects. Cross-sectional analysis of 508.000 insured with basic health insurance contracts in 2013, of whom 14,000 (2.8%) with debt enforcement proceedings, from 11 Swiss cantons. Groups were characterized using logistic regression and latent class analysis. Insured with debt enforcement proceedings were more likely to be young, male and without dependents (partner, kids). Having no supplementary insurance and receiving partial premium subsidies was associated with an increased debt enforcement proceedings risk. Within the debt enforcement proceedings group, three subgroups were identified: 60% were young and seemingly healthy, with a below-average fraction of premium subsidy recipients (18%) and low out-of-pocket payments in prior year (median Swiss Francs 0). Two groups consisted of relatively ill elderly persons (22%, 99% of whom with chronic illnesses) or families (18%), many of whom (29% and 51%) were recipients of premium subsidies. Median out-of-pocket payments in the prior year were high (Swiss Francs 625 and 688, respectively). Sixty percent of premium arrears derive from young insured without apparent financial problems; 40% are owed by elderly and families, which are potentially hurt by coverage loss.

Rotor Design for an Efficient Single-Phase Induction Motor for Refrigerator Compressors

Directory of Open Access Journals (Sweden)

Hyun-Jin Ahn

2016-03-01

Full Text Available This article describes a rotor making technology for the production of high-efficiency single-phase induction motors (SPIMs to be used in refrigerator compressors. Rotors can have different aluminum fill factors according to the fabrication method. In order to examine the association between the fill factor and the efficiency of the rotor, we analyzed the distribution of magnetic flux density using the finite element method (FEM. Next, we made prototype rotors by conventional casting methods and by the proposed casting method and compared their fill factors. In addition, SPIMs were made using the rotors, and their efficiencies were measured using a dynamometer. Moreover, the SPIMs were put to use in a compressor, for testing, and for each SPIM the refrigerating capacity of the compressor was measured with a calorimeter. Based on the results of the FEM analysis of the magnetic flux density and the experiments, the reliability and validity of the proposed method were proven.

Industry agreement on efficient electrical motors; Industrievereinbarung im Effizienzbereich Motoren (eff1, eff2, eff3)

Energy Technology Data Exchange (ETDEWEB)

Schnyder, G. [Schnyder Ingenieure AG, Huenenberg (Switzerland)

2004-07-01

This comprehensive final report presents the results of a project carried out on behalf of the Swiss Federal Office of Energy (SFOE) and the Swiss Automation Pool (SAP) concerning the efficiency of electrical drives. The main goal of the project was to conclude a target agreement between the federal government and the Swiss electric motors/drives industry. This involves the promotion of the highest, 'eff1' energy-efficiency category of the three categories defined by the European Committee of Manufacturers of Electrical Machines and Power Electronics (CEMP). The report presents the findings of the project and recommends the banning of the use of motors in the lowest, 'eff3' category. Comparisons are made between the CEMP standards and further standards and promotion programmes in the USA and in Great Britain. Associated measures to be taken to aid the promotion of the drive standard are discussed.

Comparison of standards to determine the efficiency of three-phase induction motors; Comparacion de normas para determinar la eficiencia de motores de induccion trifasicos

Energy Technology Data Exchange (ETDEWEB)

Renier, B and others [IEEE, (United States)

2001-09-01

The Mexican industry often acquires from different countries, complete systems of production or auxiliaries, most of them impelled by squirrel cage electric motors, whose efficiency stated by the manufacturer is calculated by applying regional or local standards. For this reason, for the accomplishment of an energy balance -one of the first steps to follow is to determine the saving potential of a plant- it is important to know how the mentioned motor saving potentials were evaluated. It is worthwhile to indicate that an incorrect estimation could get to modify the economics of the applied measures. [Spanish] La industria mexicana a menudo adquiere de distintos paises, sistemas completos de produccion o auxiliares, la mayor parte de los cuales estan impulsados por motores electricos tipo aula de ardilla cuya eficiencia declarada por el fabricante se calcula aplicando normas regionales o locales. Por tal motivo, para la realizacion de un balance de energia -uno de los primeros pasos a seguir para determinar los potenciales de ahorro de una planta- resulta importante conocer como fueron evaluadas los mencionados motores. Cabe senalar que una estimacion incorrecta pudiera llegar a modificar la rentabilidad de la medida aplicada.

The Effects of Premium Changes on ALL Kids

Data.gov (United States)

U.S. Department of Health & Human Services — The Effects of Premium Changes on ALL Kids, Alabamas CHIP Program Unlike many other CHIP programs, ALL Kids is a standalone program that provides year long...

Designing Psychological Treatments for Scalability: The PREMIUM Approach.

Directory of Open Access Journals (Sweden)

Sukumar Vellakkal

Full Text Available Lack of access to empirically-supported psychological treatments (EPT that are contextually appropriate and feasible to deliver by non-specialist health workers (referred to as 'counsellors' are major barrier for the treatment of mental health problems in resource poor countries. To address this barrier, the 'Program for Effective Mental Health Interventions in Under-resourced Health Systems' (PREMIUM designed a method for the development of EPT for severe depression and harmful drinking. This was implemented over three years in India. This study assessed the relative usefulness and costs of the five 'steps' (Systematic reviews, In-depth interviews, Key informant surveys, Workshops with international experts, and Workshops with local experts in the first phase of identifying the strategies and theoretical model of the treatment and two 'steps' (Case series with specialists, and Case series and pilot trial with counsellors in the second phase of enhancing the acceptability and feasibility of its delivery by counsellors in PREMIUM with the aim of arriving at a parsimonious set of steps for future investigators to use for developing scalable EPT.The study used two sources of data: the usefulness ratings by the investigators and the resource utilization. The usefulness of each of the seven steps was assessed through the ratings by the investigators involved in the development of each of the two EPT, viz. Healthy Activity Program for severe depression and Counselling for Alcohol Problems for harmful drinking. Quantitative responses were elicited to rate the utility (usefulness/influence, followed by open-ended questions for explaining the rankings. The resources used by PREMIUM were computed in terms of time (months and monetary costs.The theoretical core of the new treatments were consistent with those of EPT derived from global evidence, viz. Behavioural Activation and Motivational Enhancement for severe depression and harmful drinking respectively

Health Insurance Marketplaces: Early Findings on Changes in Plan Availability and Premiums in Rural Places, 2014-2015.

Science.gov (United States)

Barker, Abigail; McBride, Timothy D; Kemper, Leah M; Mueller, Keith

2015-05-01

The Patient Protection and Affordable Care Act established Health Insurance Marketplaces (HIMs) in all 50 states and the District of Columbia. This policy brief assesses the changes in HIMs from 2014 to 2015 in terms of choices offered and premiums charged, with emphasis on how these measures vary across rural and urban places. Key Findings. (1) In 74 percent of HIM rating areas, the number of firms operating increased by at least one, while the number of firms decreased in only about 6 percent of rating areas. Further, 64 percent of rating areas with fewer than 50 persons per square mile gained at least one firm. (2) There was no consistent pattern of premium increases with respect to rating area population density (used as a proxy here for the degree of "ruralness" of the rating areas). Nationally, rural areas are not experiencing higher premium increases than their urban counterparts. In fact, the lowest increases in second-lowest cost silver plan premiums occurred in the medium-density population rating areas of 51 to 300 persons per square mile. (3) Average adjusted premiums increased from 2014 to 2015 by 6.7 percent in Federally-Facilitated Marketplaces (FFMs) compared to just 1.4 percent in State-Based Marketplaces (SBMs). Regardless of SBM or FFM status, premium increases across the United States were negatively correlated with the number of firms entering the market. (4) Analysis of the most rural states, in terms of percentage of the population classified as nonmetropolitan, shows that, in general, premiums fell significantly in rural places where they had been rather high, and they increased in rural places where they had been rather low. The five rural states with the lowest premium increases had an average of 0.17 firms entering the market, while the five with the highest premium increases had an average of 0.50 firms exiting the market.

A local initiative for energy efficiency improvements in motor driven systems in public and private companies - case studies

Energy Technology Data Exchange (ETDEWEB)

Tamm, G. [Behoerde fuer Stadtentwicklung und Umwelt, Hamburg (Germany)

2005-07-01

In the free and hanseatic town Hamburg reduction potentials in public buildings are developed systematically in the context of the energy management by standardised efficiency programs. The City has had special means ready for financing energy saving measures for many years, because the investments amortize themselves by the operation cost reduction. Examples of efficient electrical motor systems in public buildings: ventilation facilities and air conditioning, heating pumps energy saving program. The city of Hamburg also offers a promotional program ''enterprises for resource protection'' for private investors from the Hamburg economy. With this program voluntary investment measures are initiated in private enterprises by financial subsidies to conserving resources. Examples of efficient electrical motor driven systems in enterprises: mill: speed controlled exhauster drives, spice mill: speed controlled mill drives, printer: efficient ventilation techniques at a paper exhaust system, wastewater treatment: adjustable fans for pressure aerators, hazardous waste incineration plant: optimisation of the SO{sub 2}-gas scrubbing system by mass flow controlled pumps. With these programs efforts to climate protection can be realised more economically. (orig.)

Consumer Willingness to Pay a Premium for Halal Goat Meat: A Case from Atlanta, Georgia

OpenAIRE

Ibrahim, Mohammed

2011-01-01

The growth in goat meat demand is attributed to the influx of immigrants from goat-meat-eating countries into the U.S. This Paper examines the willingness to pay a premium for halal goat meat. The factors that significantly impact the willingness to pay a premium for halal goat meat in Atlanta include income, current consumption, household size, and marital status. Results suggest that the mean willingness to pay a premium for the halal attribute is 50 cents per pound of goat meat.

26 CFR 1.249-1 - Limitation on deduction of bond premium on repurchase.

Science.gov (United States)

2010-04-01

... A issues a callable 20-year convertible bond at face for $1,000 bearing interest at 10 percent per... 26 Internal Revenue 3 2010-04-01 2010-04-01 false Limitation on deduction of bond premium on... deduction of bond premium on repurchase. (a) Limitation—(1) General rule. No deduction is allowed to the...

Modeling foreign exchange risk premium in Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, Tigran; Kočenda, Evžen; Zemčík, P.

2008-01-01

Roč. 44, č. 1 (2008), s. 41-61 ISSN 1540-496X R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:MSM0021620846 Keywords : foreign exchange risk premium * Armenia * affine term structure models Subject RIV: AH - Economics Impact factor: 0.611, year: 2008

Relative Affordability of Health Insurance Premiums under CHIP Expansion Programs and the ACA.

Science.gov (United States)

Gresenz, Carole Roan; Laugesen, Miriam J; Yesus, Ambeshie; Escarce, José J

2011-10-01

Affordability is integral to the success of health care reforms aimed at ensuring universal access to health insurance coverage, and affordability determinations have major policy and practical consequences. This article describes factors that influenced the determination of affordability benchmarks and premium-contribution requirements for Children's Health Insurance Program (CHIP) expansions in three states that sought to universalize access to coverage for youth. It also compares subsidy levels developed in these states to the premium subsidy schedule under the Affordable Care Act (ACA) for health insurance plans purchased through an exchange. We find sizeable variability in premium-contribution requirements for children's coverage as a percentage of family income across the three states and in the progressivity and regressivity of the premium-contribution schedules developed. These findings underscore the ambiguity and subjectivity of affordability standards. Further, our analyses suggest that while the ACA increases the affordability of family coverage for families with incomes below 400 percent of the federal poverty level, the evolution of CHIP over the next five to ten years will continue to have significant implications for low-income families.

The Loss Aversion / Narrow Framing Approach to the Equity Premium Puzzle

OpenAIRE

Nicholas Barberis; Ming Huang

2006-01-01

We review a recent approach to understanding the equity premium puzzle. The key elements of this approach are loss aversion and narrow framing, two well-known features of decision-making under risk in experimental settings. In equilibrium, models that incorporate these ideas can generate a large equity premium and a low and stable risk-free rate, even when consumption growth is smooth and only weakly correlated with the stock market. Moreover, they can do so for parameter values that correspo...

Investigation of Stator and Rotor Slits’ Effects to the Torque and Efficiency of an Induction Motor

Directory of Open Access Journals (Sweden)

Serdal ARSLAN

2017-02-01

Full Text Available Induction machines have a simple structure and are popular due to their wide range of use, however they have limited power factor and efficiency. Although the working principles of inductions machines have not changed for years, the materials and geometric structures used have undergone significant changes. In this study, slits were applied in the middle of the rotor teeth, rotor-stator teeth and stator teeth of a 7.5 kW induction motor. For these three situations, the torque ripple, iron losses, copper losses, inductance, phase current and voltage inducted in the windings and flux change were analyzed associated with the change in the slit width and slit height. Due to the fact that it is difficult to analytically calculate the slitted models created, they were analyzed by software which uses the finite elements method. The stator-rotor slitted structure determined as the optimum (the one with highest efficiency and the original motor were compared with 2D and 3D analyses. According to this comparison, a decrease in torque rupture and loss of copper is observed. The motor’s torque increased by 27%, and efficiency increased by 4%.

Workplace Variation in Fatherhood Wage Premiums: Do Formalization and Performance Pay Matter?

OpenAIRE

Fuller, Sylvia; Cooke, Lynn

2018-01-01

Parenthood contributes substantially to broader gender wage inequality. The intensification of gendered divisions of paid and unpaid work after the birth of a child create unequal constraints and expectations such that, all else equal, mothers earn less than childless women, but fathers earn a wage premium. The fatherhood wage premium, however, varies substantially among men. Analyses of linked workplace-employee data from Canada reveal how organizational context conditions educational, occup...

Health benefits in 2013: moderate premium increases in employer-sponsored plans.

Science.gov (United States)

Claxton, Gary; Rae, Matthew; Panchal, Nirmita; Damico, Anthony; Whitmore, Heidi; Bostick, Nathan; Kenward, Kevin

2013-09-01

Employer-sponsored health insurance premiums rose moderately in 2013, the annual Kaiser Family Foundation/Health Research and Educational Trust (Kaiser/HRET) Employer Health Benefits Survey found. In 2013 single coverage premiums rose 5 percent to $5,884, and family coverage premiums rose 4 percent to $16,351. The percentage of firms offering health benefits (57 percent) was similar to that in 2012, as was the percentage of workers at offering firms who were covered by their firm's health benefits (62 percent). The share of workers with a deductible for single coverage increased significantly from 2012, as did the share of workers in small firms with annual deductibles of $1,000 or more. Most firms (77 percent), including nearly all large employers, continued to offer wellness programs, but relatively few used incentives to encourage employees to participate. More than half of large employers offering health risk appraisals to workers offered financial incentives for completing the appraisal.

The individual insurance market before reform: low premiums and low benefits.

Science.gov (United States)

Whitmore, Heidi; Gabel, Jon R; Pickreign, Jeremy; McDevitt, Roland

2011-10-01

Based on analyses of individual market health plans sold through ehealthinsurance and enrollment information collected from individual market carriers, this article profiles the individual health insurance market in 2007, before health reform. The article examines premiums, plan enrollment, cost sharing, and covered benefits and compares individual and group markets. Premiums for the young are lower than in the group market but higher for older people. Cost sharing is substantial in the individual insurance market. Seventy-eight percent of people were enrolled in plans with deductibles for single coverage, which averaged $2,117. Annual out-of-pocket maximums averaged $5,271. Many plans do not cover important benefits. Twelve percent of individually insured persons had no coverage for office visits and only 43% have maternity benefits in their basic coverage. With the advent of health exchanges and new market rules in 2014, covered benefits may become richer, cost sharing will decline, but premiums for the young will rise.

Introduction to the permanent magnet motor market

Energy Technology Data Exchange (ETDEWEB)

Sawa, Toshihiro; Hamada, Kaneyuki [Yaskawa Electric Corp. (Japan)

2000-07-01

According to the Kyoto summit on global warming (COP3) in December 1997, the green-house gas emission level has to be reduced to 92-94% of the 1990 green-house gas level by the year 2014-2018. This would require conserving energy. An efficient means of achieving this voluntary goal is by employing high-efficiency drives, since motors consume 70% of all electricity for industrial use in Japan. As adjustable speed drives become popular, interior permanent magnet (IPM) motors, lately, have been recognized for high-efficiency performance. Due to the progress in permanent magnet technology combined with modern control methods, especially vector control with and without speed-sensors, the IPM motor is gaining in popularity. Compact size and high-efficiency performance is furthering the IPM motor as the preferred motor in many applications. This paper describes the principle and operation of IPM motors and compares its performance with that of an induction motor. Important features and practical control methods for IPM motors are presented. Various application examples highlighting the advantages of employing an IPM motor system are discussed. The applications include, but are not limited to, machine tools, fans, pumps, elevators, cranes, etc. (orig.)

Modeling foreign exchange risk premium in Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, T.; Kočenda, E.; Zemčík, Petr

2008-01-01

Roč. 44, č. 1 (2008), s. 41-61 ISSN 1540-496X R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : foreign exchange risk premium * Armenia * affine term structure models Subject RIV: AH - Economics Impact factor: 0.611, year: 2008

AN EMPIRICAL ANALYSIS OF VARIETY PRICE PREMIUM ...

African Journals Online (AJOL)

Location price difference was inversely related to distance from the central commodity market, and the seasonal price difference was attributed to storage technique. These show imperfect competitive market behaviour. Peu/drum with characteristics of brown colour, rough skin and large grain size had a price premium than ...

A Squirrel Cage Type Electric Motor Rotor Assembly.

Science.gov (United States)

1996-09-05

cage motor, but also provides efficiencies approaching those of permanent magnet motors . With the above and other objects in view, as will...and active motor life relative to known permanent magnet motors . Referring to FIG. 4, there is illustrated an alternative embodiment in which...part the.known advantages of a squirrel cage motor, and further provides improved efficiencies approaching those of permanent magnet motors . It is to

Determinants of Medicare plan choices: are beneficiaries more influenced by premiums or benefits?

Science.gov (United States)

Jacobs, Paul D; Buntin, Melinda B

2015-07-01

To evaluate the sensitivity of Medicare beneficiaries to premiums and benefits when selecting healthcare plans after the introduction of Part D. We matched respondents in the 2008 Medicare Current Beneficiary Survey to the Medicare Advantage (MA) plans available to them using the Bid Pricing Tool and previously unavailable data on beneficiaries' plan choices. We estimated a 2-stage nested logit model of Medicare plan choice decision making, including the decision to choose traditional fee-for-service (FFS) Medicare or an MA plan, and for those choosing MA, which specific plan they chose. Beneficiaries living in areas with higher average monthly rebates available from MA plans were more likely to choose MA rather than FFS. When choosing MA plans, beneficiaries are roughly 2 to 3 times more responsive to dollars spent to reduce cost sharing than reductions in their premium. We calculated an elasticity of plan choice with respect to the monthly MA premium of -0.20. Beneficiaries with lower incomes are more sensitive to plan premiums and cost sharing than higher-income beneficiaries. MA plans appear to have a limited incentive to aggressively price their products, and seem to compete primarily over reduced beneficiary cost sharing. Given the limitations of the current plan choice environment, policies designed to encourage the selection of lower-cost plans may require increasing premium differences between plans and providing the tools to enable beneficiaries to easily assess those differences.

Segmented motor drive - with multi-phase induction motor

DEFF Research Database (Denmark)

Bendixen, Flemming Buus

of the induction motor is set up. The model is able to calculate dynamical electric, magnetic and mechanic state variables, but initially it is used to calculate static characteristics in motors with different number of phases and different voltage supply shapes. This analysis show i.e. that the efficiency....... The multi-phase motor is selected for further analysis. The project is limited to examine if increasing the number of phases can improve the characteristics for induction motor drives. In the literature it is demonstrated that torque production in a six-phase motor can be increased, if a 3rd harmonic......This PhD project commences in modulation of motor drives, i.e. having the advantage of reducing the number of variants and improves the system reliability at error situations. Four different motor drive topologies with modular construction as common denominator are compared on a general level...

Effect of Frozen Storage Temperature on the Quality of Premium Ice Cream.

Science.gov (United States)

Park, Sung Hee; Jo, Yeon-Ji; Chun, Ji-Yeon; Hong, Geun-Pyo; Davaatseren, Munkhtugs; Choi, Mi-Jung

2015-01-01

The market sales of premium ice cream have paralleled the growth in consumer desire for rich flavor and taste. Storage temperature is a major consideration in preserving the quality attributes of premium ice cream products for both the manufacturer and retailers during prolonged storage. We investigated the effect of storage temperature (-18℃, -30℃, -50℃, and -70℃) and storage times, up to 52 wk, on the quality attributes of premium ice cream. Quality attributes tested included ice crystal size, air cell size, melting resistance, and color. Ice crystal size increased from 40.3 μm to 100.1 μm after 52 wk of storage at -18℃. When ice cream samples were stored at -50℃ or -70℃, ice crystal size slightly increased from 40.3 μm to 57-58 μm. Initial air cell size increased from 37.1 μm to 87.7 μm after storage at -18℃ for 52 wk. However, for storage temperatures of -50℃ and -70℃, air cell size increased only slightly from 37.1 μm to 46-47 μm. Low storage temperature (-50℃ and -70℃) resulted in better melt resistance and minimized color changes in comparison to high temperature storage (-18℃ and -30℃). In our study, quality changes in premium ice cream were gradually minimized according to decrease in storage temperature up to-50℃. No significant beneficial effect of -70℃ storage was found in quality attributes. In the scope of our experiment, we recommend a storage temperature of -50℃ to preserve the quality attributes of premium ice cream.

Gender, Productivity, and the Marital Wage Premium

Science.gov (United States)

Lincoln, Anne E.

2008-01-01

Explanations for married men's wage premium often emphasize greater market productivity due to a gendered division of household labor, though this "specialization thesis" has been insufficiently interrogated. Using data from Wave 2 of the National Survey of Families and Households (N = 972), this paper examines the relationship between wages and…

78 FR 59366 - Multifamily, Healthcare Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY...

Science.gov (United States)

2013-09-26

... Facilities, and Hospital Mortgage Insurance Premiums for Fiscal Year (FY) 2014 AGENCY: Office of the... with HUD regulations, this Notice announces the mortgage insurance premiums (MIPs) for Federal Housing Administration (FHA) Multifamily, Healthcare Facilities, and Hospital mortgage insurance programs that have...

Economic policy uncertainty, equity premium and dependence between their quantiles: Evidence from quantile-on-quantile approach

Science.gov (United States)

Raza, Syed Ali; Zaighum, Isma; Shah, Nida

2018-02-01

This paper examines the relationship between economic policy uncertainty and equity premium in G7 countries over a period of the monthly data from January 1989 to December 2015 using a novel technique namely QQ regression proposed by Sim and Zhou (2015). Based on QQ approach, we estimate how the quantiles of the economic policy uncertainty affect the quantiles of the equity premium. Thus, it provides a comprehensive insight into the overall dependence structure between the equity premium and economic policy uncertainty as compared to traditional techniques like OLS or quantile regression. Overall, our empirical evidence suggests the existence of a negative association between equity premium and EPU predominately in all G7 countries, especially in the extreme low and extreme high tails. However, differences exist among countries and across different quantiles of EPU and the equity premium within each country. The existence of this heterogeneity among countries is due to the differences in terms of dependency on economic policy, other stock markets, and the linkages with other country's equity market.

Value Premium and Country Risk as Dimensions to Estimate Conditional Returns: a Study of the Brazilian Market

Directory of Open Access Journals (Sweden)

Lilian de Castro Medeiros

2015-01-01

Full Text Available Asset pricing is a widely explored theme in the financial literature. Nevertheless, the phenomenon of value premium is still controversial, since although easily detected in developed and emerging markets, little is know about the economic forces that explain its existence. In this context, this article examines value premium in the Brazilian market and investigates the influence of the country risk variable as an additional risk factor for estimating conditional returns in this market not captured by value premium. For that, we employ a five-factor model, formulated by adding the country risk factor to the model of Carhart (1997. We apply the statistical procedure adopted by Fama & French (1993 to the period between 1994 and 2012, with data on nonfinancial companies listed on the BM&FBovespa. The results confirm the existence of value premium in the Brazilian market, and country risk and value premium together are significant factors to explain conditional returns.

24 CFR 257.203 - Calculation of up-front and annual mortgage insurance premiums for H4H program mortgages.

Science.gov (United States)

2010-04-01

... mortgage insurance premiums for H4H program mortgages. 257.203 Section 257.203 Housing and Urban... mortgage insurance premiums for H4H program mortgages. (a) Applicable premiums. Any mortgage presented for... LOAN INSURANCE PROGRAMS UNDER NATIONAL HOUSING ACT AND OTHER AUTHORITIES HOPE FOR HOMEOWNERS PROGRAM...

Energy efficiency in pumps

International Nuclear Information System (INIS)

Kaya, Durmus; Yagmur, E. Alptekin; Yigit, K. Suleyman; Kilic, Fatma Canka; Eren, A. Salih; Celik, Cenk

2008-01-01

In this paper, 'energy efficiency' studies, done in a big industrial facility's pumps, are reported. For this purpose; the flow rate, pressure and temperature have been measured for each pump in different operating conditions and at maximum load. In addition, the electrical power drawn by the electric motor has been measured. The efficiencies of the existing pumps and electric motor have been calculated by using the measured data. Potential energy saving opportunities have been studied by taking into account the results of the calculations for each pump and electric motor. As a conclusion, improvements should be made each system. The required investment costs for these improvements have been determined, and simple payback periods have been calculated. The main energy saving opportunities result from: replacements of the existing low efficiency pumps, maintenance of the pumps whose efficiencies start to decline at certain range, replacements of high power electric motors with electric motors that have suitable power, usage of high efficiency electric motors and elimination of cavitation problems

Foreign exchange risk premium determinants: case of Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, Tigran; Kočenda, Evžen

-, č. 297 (2006), s. 1-37 ISSN 1211-3298 Institutional research plan: CEZ:AV0Z70850503 Keywords : “forward premium” puzzle * exchange rate risk * time-varying risk premium Subject RIV: AH - Economics http://www.cerge-ei.cz/pdf/wp/Wp297.pdf

24 CFR 4001.203 - Calculation of upfront and annual mortgage insurance premiums for Program mortgages.

Science.gov (United States)

2010-04-01

... mortgage insurance premiums for Program mortgages. 4001.203 Section 4001.203 Housing and Urban Development... HOMEOWNERS PROGRAM HOPE FOR HOMEOWNERS PROGRAM Rights and Obligations Under the Contract of Insurance § 4001.203 Calculation of upfront and annual mortgage insurance premiums for Program mortgages. (a...

The Impact of the Term Auction Facility on the Liquidity Risk Premium and Unsecured Interbank Spreads

OpenAIRE

Syrstad, Olav

2014-01-01

This paper investigates the effectiveness of the Federal Reserve's Term Auction Facility (TAF) in alleviating the liquidity shortage in USD and reducing the spread between the 3-month Libor rate and the expected policy rate. I construct a proxy for the 3-month liquidity risk premium based on data from the FX forward market which enables me to (i) decompose the Libor spread into a liquidity premium and a credit premium, and (ii) test the effectiveness of the TAF in reducing the liquidity premi...

38 CFR 8.5 - Authorization for deduction of premiums from compensation, retirement pay, or pension.

Science.gov (United States)

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Authorization for deduction of premiums from compensation, retirement pay, or pension. 8.5 Section 8.5 Pensions, Bonuses, and... Authorization for deduction of premiums from compensation, retirement pay, or pension. Deductions from benefits...

The equity risk premium: A review of models

OpenAIRE

Duarte, Fernando; Rosa, Carlo

2015-01-01

We estimate the equity risk premium (ERP) by combining information from twenty models. The ERP in 2012 and 2013 reached heightened levels - of around 12 percent - not seen since the 1970s. We conclude that the high ERP was caused by unusually low Treasury yields.

Trends in the use and advertising of discount versus premium snuff.

Science.gov (United States)

Timberlake, David S; Pechmann, Cornelia

2013-02-01

The Conwood Company, a major producer of discount moist snuff, was awarded a $1 billion antitrust settlement in the year 2000 against its leading competitor, the U.S. Smokeless Tobacco Company. The objective of this study was to examine the trends in use and advertising of discount versus premium snuff since the Conwood settlement, a topic seldom addressed in the tobacco control literature. 2 sources of data were analyzed in 2011: (a) male snuff users from the 2002-2009 National Surveys on Drug Use and Health (N = 13,172) and (b) total advertisements of moist snuff identified from over 350 consumer magazines dated 2005-2009 (N = 861). For the survey data, demographic and tobacco-related measures were assessed as predictors of use of discount versus premium snuff in logistic regression models. For the advertising data, associations were examined between the snuff category and nicotine content, magazine youth readership, and year of magazine publication. The prevalence of discount and premium snuff use among males increased and decreased, respectively, from 2002 to 2009. Significant predictors of using discount versus premium snuff were being an adolescent, being an African-American, being a current or former smoker, living in a less populated region of the country, and using snuff frequently. Discount snuff advertising was associated with publication in magazines with a high youth readership. Discount snuff has grown in popularity among male adolescents who have been a target of advertising. The tobacco's cheap price and high nicotine content pose a public health problem because of the potential for long-term tobacco use and dependence.

Electric Motor Thermal Management

Energy Technology Data Exchange (ETDEWEB)

Bennion, Kevin S [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

2017-09-01

Thermal management enables more efficient and cost-effective motors. This Annual Merit Review presentation describes the technical accomplishments and progress in electric motor thermal management R&D over the last year. This project supports a broad industry demand for data, analysis methods, and experimental techniques to improve and better understand motor thermal management.

What should be the basis for compulsory and optional health insurance premiums? Opinions of Swiss doctors.

Science.gov (United States)

Jannot, Anne-Sophie; Perneger, Thomas V

2014-02-04

Little is known about doctors' opinions on how to finance health services. In Switzerland, mandatory basic health insurance currently uses regional flat fees that are unrelated to health and ability to pay, and optional complementary insurance uses risk-based premiums. Our objective was to assess Swiss physicians' opinions on what should determine health insurance premiums. We surveyed doctors in the canton of Geneva, Switzerland, about the desirable funding mechanism for mandatory health insurance and complementary health insurance. The proposed determinants of insurance premiums were current health and past medical history, lifestyle, healthcare costs in the previous year, genetic susceptibility to disease, regional average healthcare costs, household income, and wealth and demographic characteristics. Among the 1,516 respondents, only a few (insurance premium should depend on health risk (health status, previous costs, genetics, and age and sex). More than 30% of respondents supported premiums based on lifestyle (34.6%), regional average health expenditures (31.2%), and household income and wealth (39.6%). For complementary health insurance, most respondents supported premiums based on lifestyle (74.6%) and on health risk (46.4%), but surprisingly also on household income and wealth (44.9%) and regional average health expenditures (39.4%). The characteristic most influencing the answers was the medical specialty. Doctors' opinions about healthcare financing mechanisms varied considerably, for both mandatory and complementary health insurance. Lifestyle was a surprisingly frequent choice, even though this criterion is not currently used in Switzerland. Ability to pay was not supported by the majority.

Motor-gearbox selection for energy efficiency

NARCIS (Netherlands)

Dresscher, Douwe; de Vries, Theodorus J.A.; Stramigioli, Stefano

Energy consumption of robotic systems is getting more and more attention. Previous work suggests that energy losses in the actuators of robots are a significant source of high energy consumption. A possible reason is that, so far, motor-gearbox selection methods have not focussed on energy

Determinants of premiums in aerospace mergers and acquisitions: A preliminary analysis

Science.gov (United States)

Bryant, John K.

There is a large body of literature on different aspects of premiums as they relate to mergers and acquisitions. However, there is very little literature that specifically discusses the determinants of premiums in aerospace. Few industries have experienced the prolonged consolidation that the aerospace industry has seen. Today, the industry is dominated by a few large firms, but there is still merger activity continuing especially with second-tier firms attempting to secure their future through growth. This paper examines several determinants as applied to 18 aerospace mergers of publicly held companies and divisions from 1991 through April of 2002.

Optimizing Power Density and Efficiency of a Double-Halbach Array Permanent-Magnet Ironless Axial-Flux Motor

Science.gov (United States)

Duffy, Kirsten P.

2016-01-01

NASA Glenn Research Center is investigating hybrid electric and turboelectric propulsion concepts for future aircraft to reduce fuel burn, emissions, and noise. Systems studies show that the weight and efficiency of the electric system components need to be improved for this concept to be feasible. This effort aims to identify design parameters that affect power density and efficiency for a double-Halbach array permanent-magnet ironless axial flux motor configuration. These parameters include both geometrical and higher-order parameters, including pole count, rotor speed, current density, and geometries of the magnets, windings, and air gap.

Price/efficiency correlations for 2004 photovoltaic modules

International Nuclear Information System (INIS)

Green, Martin A.

2005-01-01

The claim is often made that efficiency is a key factor in determining the marketability of photovoltaic products. If this is the case, a strong correlation between the price of modules and their efficiency might be expected. This relationship is investigated using module pricing data that have recently become available. Conclusions are that there is little correlation between module price and efficiency in this data set and that some thin-film modules currently appear to attract a pricing premium. (Author)

Patient-centered and visual quality outcomes of premium cataract surgery: a systematic review.

Science.gov (United States)

Wang, Sophia Y; Stem, Maxwell S; Oren, Gale; Shtein, Roni; Lichter, Paul R

2017-06-26

Over 8 million cataract surgeries are performed in the United States and the European Union annually, with many patients choosing to pay out of pocket for premium options including premium intraocular lens implants (IOLs) or laser-assisted cataract surgery (LACS). This report provides a systematic review evaluating patient-centered and visual quality outcomes comparing standard monofocal IOLs to premium cataract surgery options. PubMed and EMBASE were searched for publications published between January 1, 1980, and September 18, 2016, on multifocal, accommodative, and toric IOLs, monovision, and LACS, which reported on 1) dysphotopsias, 2) contrast sensitivity, 3) spectacle independence, 4) vision-related quality of life or patient satisfaction, and 5) IOL exchange. Multifocal lenses achieved higher rates of spectacle independence compared to monofocal lenses but also had higher reported frequency of dysphotopsia and worse contrast sensitivity, especially with low light or glare. Accommodative lenses were not associated with reduced contrast sensitivity or more dysphotopsia but had only modest improvements in spectacle independence compared to monofocal lenses. Studies of monovision did not target a sufficiently myopic outcome in the near-vision eye to achieve the full potential for spectacle independence. Patients reported high levels of overall satisfaction regardless of implanted IOL. No studies correlated patient-reported outcomes with patient expectations. Studies are needed to thoroughly compare patient-reported outcomes with concomitant patient expectations. In light of the substantial patient costs for premium options, patients and their surgeons will benefit from a better understanding of which surgical options best meet patients' expectations and how those expectations can be impacted by premium versus monofocal-including monovision-options.

Children's health insurance program premiums adversely affect enrollment, especially among lower-income children.

Science.gov (United States)

Abdus, Salam; Hudson, Julie; Hill, Steven C; Selden, Thomas M

2014-08-01

Both Medicaid and the Children's Health Insurance Program (CHIP), which are run by the states and funded by federal and state dollars, offer health insurance coverage for low-income children. Thirty-three states charged premiums for children at some income ranges in CHIP or Medicaid in 2013. Using data from the 1999-2010 Medical Expenditure Panel Surveys, we show that the relationship between premiums and coverage varies considerably by income level and by parental access to employer-sponsored insurance. Among children with family incomes above 150 percent of the federal poverty level, a $10 increase in monthly premiums is associated with a 1.6-percentage-point reduction in Medicaid or CHIP coverage. In this income range, the increase in uninsurance may be higher among those children whose parents lack an offer of employer-sponsored insurance than among those whose parents have such an offer. Among children with family incomes of 101-150 percent of poverty, a $10 increase in monthly premiums is associated with a 6.7-percentage-point reduction in Medicaid or CHIP coverage and a 3.3-percentage-point increase in uninsurance. In this income range, the increase in uninsurance is even larger among children whose parents lack offers of employer coverage. Project HOPE—The People-to-People Health Foundation, Inc.

Influence of diffusion of fuel-efficient motor vehicles on gasoline demand for individual user owned passenger cars

International Nuclear Information System (INIS)

Sakaguchi, Takahiro

2000-01-01

Trends in the demand for petrol in Japan for cars owned by individuals are discussed with reference to expected improvements in fuel efficiency for new models and the results of a survey of user preferences for fuel-efficient vehicles. Demand for petrol in Japan has continued to increase in line with the number of cars used by individual owners. A questionnaire on motor vehicles sent to households found that, while cost and body style were the primary factors in car purchase, three-quarters of respondents would consider buying a low fuel consumption (LFC) version of the model chosen. The influence of LFC vehicles on future demand for petrol was estimated for up to 2015 by combining market timing with consumer preferences. Comparison of the estimated petrol consumption by LFC cars with the Government's requirement for reduced energy use by the transport sector in order to meet its climate change targets indicated a shortfall and a need to increase consumer demand for LFC vehicles. Government measures to reduce energy use in the transport sector, fuel efficiency targets for 2010, major LFC cars, fuel efficiency improvements by major Japanese motor manufacturers and scenarios for assessing the influence of LFC cars are summarised in five tables. Trends in petrol consumption and estimated use by individual user owned passenger cars are shown graphically

Energy efficiency in pumps

Energy Technology Data Exchange (ETDEWEB)

Kaya, Durmus; Yagmur, E. Alptekin [TUBITAK-MRC, P.O. Box 21, 41470 Gebze, Kocaeli (Turkey); Yigit, K. Suleyman; Eren, A. Salih; Celik, Cenk [Engineering Faculty, Kocaeli University, Kocaeli (Turkey); Kilic, Fatma Canka [Department of Air Conditioning and Refrigeration, Kocaeli University, Kullar, Kocaeli (Turkey)

2008-06-15

In this paper, ''energy efficiency'' studies, done in a big industrial facility's pumps, are reported. For this purpose; the flow rate, pressure and temperature have been measured for each pump in different operating conditions and at maximum load. In addition, the electrical power drawn by the electric motor has been measured. The efficiencies of the existing pumps and electric motor have been calculated by using the measured data. Potential energy saving opportunities have been studied by taking into account the results of the calculations for each pump and electric motor. As a conclusion, improvements should be made each system. The required investment costs for these improvements have been determined, and simple payback periods have been calculated. The main energy saving opportunities result from: replacements of the existing low efficiency pumps, maintenance of the pumps whose efficiencies start to decline at certain range, replacements of high power electric motors with electric motors that have suitable power, usage of high efficiency electric motors and elimination of cavitation problems. (author)

75 FR 68798 - Medicare Program; Part A Premiums for CY 2011 for the Uninsured Aged and for Certain Disabled...

Science.gov (United States)

2010-11-09

... Retirement Act and certain others do not have to pay premiums for Medicare Part A.) Section 1818A of the Act... specifies that the premium that these individuals will pay for CY 2011 will be equal to the premium for... consequential effect on State, local, or tribal governments or on the private sector. However, States are...

Outstanding efficiency in energy conversion for electric motors constructed by nanocrystalline soft magnetic alloy “NANOMET®” cores

Directory of Open Access Journals (Sweden)

N. Nishiyama

2016-05-01

Full Text Available Recently updated nanocrystalline soft magnetic Fe-Co-Si-B-P-Cu alloys “NANOMET®” exhibit high saturation magnetic flux density (Bs > 1.8 T, low coercivity (Hc < 10 A/m and low core loss (W1.7/50 ∼ 0.4 W/kg even in a ribbon form with a thickness of up to 40 μm. By utilize excellent magnetic softness, several products such as motors or transformers for electrical appliances are now under developing by industry-academia collaboration. In particular, it is found that a brushless DC motor using NANOMET® core exhibited remarkable improvement in energy consumption. The prototype motor with an outer core diameter of 70 mm and a core thickness of 50 mm was constructed using laminated nano-crystallized NANOMET® ribbons. Core-loss for the constructed motor was improved from 1.4 W to 0.4 W only by replacing the non-oriented Si-steel core with NANOMET® one. The overall motor efficiency is evaluated to be 3% improvement. In this work, the relation between processing and resulting magnetic properties will be presented. In addition, feasibility for commercialization will also be discussed.

How do health insurer market concentration and bargaining power with hospitals affect health insurance premiums?

Science.gov (United States)

Trish, Erin E; Herring, Bradley J

2015-07-01

The US health insurance industry is highly concentrated, and health insurance premiums are high and rising rapidly. Policymakers have focused on the possible link between the two, leading to ACA provisions to increase insurer competition. However, while market power may enable insurers to include higher profit margins in their premiums, it may also result in stronger bargaining leverage with hospitals to negotiate lower payment rates to partially offset these higher premiums. We empirically examine the relationship between employer-sponsored fully-insured health insurance premiums and the level of concentration in local insurer and hospital markets using the nationally-representative 2006-2011 KFF/HRET Employer Health Benefits Survey. We exploit a unique feature of employer-sponsored insurance, in which self-insured employers purchase only administrative services from managed care organizations, to disentangle these different effects on insurer concentration by constructing one concentration measure representing fully-insured plans' transactions with employers and the other concentration measure representing insurers' bargaining with hospitals. As expected, we find that premiums are indeed higher for plans sold in markets with higher levels of concentration relevant to insurer transactions with employers, lower for plans in markets with higher levels of insurer concentration relevant to insurer bargaining with hospitals, and higher for plans in markets with higher levels of hospital market concentration. Copyright © 2015 Elsevier B.V. All rights reserved.

Early retirement and the influence on healthcare budgets and insurance premiums in a diabetes population.

Science.gov (United States)

Walzer, Stefan

2007-01-01

To contribute to current discussions about budget impact modeling, two different approaches for the impact of a new pharmaceutical product were analyzed: firstly considering the impact on annual healthcare expenditures only, and secondly additional inclusion of lost insurance premiums due to possible early retirement in patients with chronic diseases. The dynamic model calculates the budget impact from two different perspectives: (a) the impact on healthcare expenditures and (b) on expenditures as well as on health insurance revenues due to premiums. The latter approach could especially be useful for patients with chronic diseases who have higher probabilities of early retirement. Early retirement rates and indirect costs were derived from published data. Healthcare premiums were calculated based on an average premium and a mean income. Epidemiological input data were obtained from the literature. Time horizon was 10 years. Results in terms of reimbursement decisions of the budget impact analysis varied depending on the assumptions made for the insurance premiums, costs, and early retirement rate. Sensitivity analyses revealed that in extreme cases the decision for accepting a new pharmaceutical product would probably be negative using approach (a), but positive using approach (b). Depending on the disease and population of interest in a budget impact analysis, not only the healthcare expenditures for a health insurance have to be considered but also the revenue side for an insurance due to retirement should be included.

The VIX, the Variance Premium, and Expected Returns

DEFF Research Database (Denmark)

Osterrieder, Daniela Maria; Ventosa-Santaulària, Daniel; Vera-Valdés, Eduardo

2018-01-01

. These problems are eliminated if risk is captured by the variance premium (VP) instead; it is unobservable, however. We propose a 2SLS estimator that produces consistent estimates without observing the VP. Using this method, we find a positive risk–return trade-off and long-run return predictability. Our...

The Marriage Wealth Premium Revisited: Gender Disparities and Within-Individual Changes in Personal Wealth in Germany.

Science.gov (United States)

Lersch, Philipp M

2017-06-01

This study examines the association between marriage and economic wealth of women and men. Going beyond previous research that focused on household wealth, I examine personal wealth, which allows identifying gender disparities in the association between marriage and wealth. Using unique data from the German Socio-Economic Panel Study (2002, 2007, and 2012), I apply random-effects and fixed-effects regression models to test my expectations. I find that both women and men experience substantial marriage wealth premiums not only in household wealth but also in personal wealth. However, I do not find consistent evidence for gender disparities in these general marriage premiums. Additional analyses indicate, however, that women's marriage premiums are substantially lower than men's premiums in older cohorts and when only nonhousing wealth is considered. Overall, this study provides new evidence that women and men gain unequally in their wealth attainment through marriage.

Mechanical design of electric motors

CERN Document Server

Tong, Wei

2014-01-01

Rapid increases in energy consumption and emphasis on environmental protection have posed challenges for the motor industry, as has the design and manufacture of highly efficient, reliable, cost-effective, energy-saving, quiet, precisely controlled, and long-lasting electric motors.Suitable for motor designers, engineers, and manufacturers, as well as maintenance personnel, undergraduate and graduate students, and academic researchers, Mechanical Design of Electric Motors provides in-depth knowledge of state-of-the-art design methods and developments of electric motors. From motor classificati

38 CFR 8.14 - Provision for extended term insurance-other than 5-year level premium term or limited convertible...

Science.gov (United States)

2010-07-01

... under 38 U.S.C. 1925, will purchase when applied as a net single premium at the attained age of the... indebtedness for such time from the due date of the premium in default as the reserve of the policy less any indebtedness will purchase when applied as a net single premium at the attained age of the insured. For this...

Expectations and forward risk premium in the Spanish deregulated power market

International Nuclear Information System (INIS)

Furio, Dolores; Meneu, Vicente

2010-01-01

Deregulation in energy markets has entailed important changes in the way agents conduct business. Price risk arises as a result of fluctuations in the future price of electricity and agents assume long or short positions in the forward and spot markets to hedge their exposure to price risk. The presence of forward risk premium in prices is evidence of the fact that agents act in the market according to risk considerations. This work aims to analyse the information content of the difference between the forward and spot prices (the so-called forward premium) regarding the agents' decisions. We find that the sign and magnitude of the ex post forward premium depend on the unexpected variation in demand and on the unexpected variation in the hydroelectric capacity, and that both the ex post and the ex ante forward premia are negatively related to the variance of spot price, as predict. We provide additional insights about relevant aspects of spot price pricing in the Spanish electricity market such as the positive relation between spot prices and CO 2 emission allowance prices or the impact on spot prices of the set of market matching rules introduced in March 2006.

Covering bariatric surgery has minimal effect on insurance premium costs within the Affordable Care Act.

Science.gov (United States)

English, Wayne; Williams, Brandon; Scott, John; Morton, John

2016-06-01

Currently, of the 51 state health exchanges operating under the Affordable Care Act, only 23 include benchmark plans that cover bariatric surgery coverage. Bariatric surgery coverage is not considered an essential health benefit in 28 state exchanges, and this lack of coverage has a discriminatory and detrimental impact on millions of Americans participating in state exchanges that do not provide bariatric surgery coverage. We examined 3 state exchanges in which a portion of their plans provided coverage for bariatric surgery to determine if bariatric surgery coverage is correlated with premium costs. State health exchanges; United States. Data from the 2015 state exchange plans were analyzed using information from the Centers for Medicare & Medicaid Services' Individual Market Landscape file and Benefits and Cost Sharing public use files. Only 3 states (Oklahoma, Oregon, and Virginia) in the analysis have 1 or more rating regions in which a portion of the plans cover bariatric surgery. In Oklahoma and Oregon, the average monthly premiums for all bronze, silver, and gold coverage levels are higher for plans covering bariatric surgery. Only 1 of these states included platinum plans that cover bariatric surgery. The average difference in premiums was between $1 to $45 higher in Oklahoma, and $18 to $32 higher in Oregon. Conversely, in Virginia, the average monthly premiums are between $2 and $21 lower for each level for plans covering bariatric surgery. Monthly premiums for plans covering versus not covering bariatric surgery ranged from 6% lower to 15% higher in the same geographic rating region. Across all 3 states in the sample, the average monthly premiums do not differ consistently on the basis of whether the state exchange plans cover bariatric surgery. Copyright © 2016 American Society for Bariatric Surgery. Published by Elsevier Inc. All rights reserved.

Numerical assessment of efficiency and control stability of an HTS synchronous motor

Energy Technology Data Exchange (ETDEWEB)

Xian Wei; Yuan Weijia; Coombs, T A, E-mail: wx210@cam.ac.u [Electronic, Power and Energy Conversion Group, Engineering Department, Cambridge University, 9 JJ Thomson Avenue, Cambridge CB3 0FA (United Kingdom)

2010-06-01

A high temperature superconducting (HTS) permanent magnet synchronous motor (PMSM) is designed and developed in Cambridge University. It is expected to become cost competitive with the conventional PMSM owing to its high efficiency, high power density, high torque density, etc. The structure and parameters of HTS PMSM are detailed. Both AC losses by transport current and applied filed in stator armature winding of HTS PMSM are also analyzed. Computed and simulated results of the characteristics of the HTS PMSM and conventional PMSM are compared. The improvement on stability of direct torque control (DTC) on the HTS PMSM is estimated, and proved by simulation on Matlab/Simulink.

The value of domestic building energy efficiency — evidence from Ireland

International Nuclear Information System (INIS)

Hyland, Marie; Lyons, Ronan C.; Lyons, Seán

2013-01-01

Following the transposition of the EU Energy Performance of Buildings Directive into Irish law, all properties offered for sale or to let in Ireland are obliged to have an energy efficiency rating. This paper analyses the effect of energy efficiency ratings on the sale and rental prices of properties in the Republic of Ireland. Using the Heckman selection technique we model the decision to advertise the energy efficiency rating of a property and the effect of energy efficiency ratings on property values. Our results show that energy efficiency has a positive effect on both the sales and rental prices of properties, and that the effect is significantly stronger in the sales segment of the property market. We also analyse the effect of energy efficiency across different market conditions and we find that the effect of the energy rating is generally stronger where market conditions are worse. - Highlights: • We estimate the effect of energy efficiency on property sale and rental prices. • We examine how this effect varies according to market conditions. • Energy efficiency has a significant, positive effect on property values. • The premium is greater for property sales compared to rentals. • The premium for energy efficiency is greater when market conditions are worse

Motor sequence learning-induced neural efficiency in functional brain connectivity.

Science.gov (United States)

Karim, Helmet T; Huppert, Theodore J; Erickson, Kirk I; Wollam, Mariegold E; Sparto, Patrick J; Sejdić, Ervin; VanSwearingen, Jessie M

2017-02-15

Previous studies have shown the functional neural circuitry differences before and after an explicitly learned motor sequence task, but have not assessed these changes during the process of motor skill learning. Functional magnetic resonance imaging activity was measured while participants (n=13) were asked to tap their fingers to visually presented sequences in blocks that were either the same sequence repeated (learning block) or random sequences (control block). Motor learning was associated with a decrease in brain activity during learning compared to control. Lower brain activation was noted in the posterior parietal association area and bilateral thalamus during the later periods of learning (not during the control). Compared to the control condition, we found the task-related motor learning was associated with decreased connectivity between the putamen and left inferior frontal gyrus and left middle cingulate brain regions. Motor learning was associated with changes in network activity, spatial extent, and connectivity. Copyright © 2016 Elsevier B.V. All rights reserved.

Identifying the poor for premium exemption: a critical step towards universal health coverage in Sub-Saharan Africa.

Science.gov (United States)

Umeh, Chukwuemeka A

2017-01-01

Premium exemption for the poor is a critical step towards achieving universal health coverage in sub-Saharan Africa due to the large proportion of the population living in extreme poverty who cannot pay premium. However, identifying the poor for premium exemption has been a big challenge for SSA countries. This paper is a succinct review of four methods available for identifying the poor, outlining the ideal conditions under which each of the methods should be used and the drawbacks associated with using each of the methods.

Consumer Protection and Premium Rate Services In Denmark

DEFF Research Database (Denmark)

Trzaskowski, Jan

2006-01-01

The regulation of the telecommunication industry in Denmark is quite liberal. There are no requirements to register with national authorities when providing telecommunication services or Premium Rate Services. Only Network Operators, who want to make use of the scarce frequency resources, must re...... active in securing compliance with the law....

Foreign exchange risk premium determinants: case of Armenia

Czech Academy of Sciences Publication Activity Database

Poghosyan, Tigran; Kočenda, E.

-, č. 811 (2006), s. 1-17 R&D Projects: GA MŠk LC542 Institutional research plan: CEZ:AV0Z70850503 Keywords : “forward premium” puzzle * exchange rate risk * time-varying risk premium Subject RIV: AH - Economics http://www.wdi.umich.edu/files/Publications/WorkingPapers/wp811.pdf

An improved efficiency of fuzzy sliding mode control of permanent magnet synchronous motor for wind turbine generator pumping system

International Nuclear Information System (INIS)

Benchabane, F.; Titaouine, A.; Guettaf, A.; Yahia, K.; Taibi, D.; Bennis, O.

2012-01-01

This paper presents an analysis by which the dynamic performances of a permanent magnet synchronous motor (PMSM) motor is controlled through a hysteresis current loop and an outer speed loop with different controllers. The dynamics of the wind turbine pumping drive system with (PI) and a fuzzy sliding mode (FSM) speed controllers are presented. In order to optimize the overall system efficiency, a maximum power point tracker is also used. Simulation is carried out by formatting the mathematical model for wind turbine generator, motor and pump load. The results for such complicated and nonlinear system, with fuzzy sliding mode speed controller show improvement in transient response of the PMSM drive over conventional PI. The effectiveness of the FSM controller is also demonstrated. (author)

5 CFR 610.407 - Premium pay for holiday work for employees on compressed work schedules.

Science.gov (United States)

2010-01-01

... schedule who performs work on a holiday is entitled to basic pay, plus premium pay at a rate equal to basic pay, for the work that is not in excess of the employee's compressed work schedule for that day. For... 5 Administrative Personnel 1 2010-01-01 2010-01-01 false Premium pay for holiday work for...

The effect of virtual bidding on forward premiums in the New York wholesale energy market

Science.gov (United States)

Knudsen, Andrew D.

In many parts of the United States, the power industry has been deregulated and replaced with regional wholesale energy markets, where utilities purchase electricity from generators at competitive market rates for subsequent distribution to customers. Numerous studies have shown that in each of these markets, the price of energy purchased in the Day Ahead (futures) market exceeds the price in the Real Time (spot) market on average. The existence of this "forward premium" is evidence of market inefficiency and may indicate participants' aversion to risk in the Real Time market or the exercise of market power by generators. To address this inefficiency, the New York Independent System Operator introduced a virtual bidding system within its wholesale market, which permitted participants to engage in purely financial transactions and hedge their exposure to risk. The new policy was expected to promote price convergence by allowing bidders to arbitrage expected differences between Day Ahead and Real Time prices. This study examines whether the presence of virtual bidding was associated with a change in the mean value and magnitude of forward premiums in the NYISO energy market. The study applies a GARCH model to hourly pricing data from 2001 to 2009, controlling for temperature and economic activity. The results indicate that prior to 2005, virtual bidding was associated with significantly lower and less volatile forward premiums in New York's five most congested zones but with increased premiums in the remaining less congested zones. However, when the entire period from 2001 to 2009 is examined, the results suggest that prices have become significantly more divergent in the presence of virtual bidding. Closer examination of the data reveals a dramatic increase in forward premium volatility across all zones beginning in 2005 that is not accounted for by temperature or economic activity and may have biased the results. This study attempts to account for this unexplained

Zastosowanie modelu Bühlmanna-Strauba do estymacji stawek składki netto zależnych od wieku ubezpieczonych w ubezpieczeniu autocasco

OpenAIRE

Szymańska, Anna

2016-01-01

One of the basic variables used in the process of tariff calculation of premiums in motor hull liability insurance is the age of the insured. In this type of insurance offered by insurers operating on the Polish market, this variable is taken into account in the ratemaking by discounts and increases in assigned premium, known as the net premiums rates. The aim of this work is to propose a method of rate estimation of net premiums in the groups of the motor hull liability insurance portfolio o...

The Consumption of Premium Coffee-The Influence of Hedonic Needs vs. Utilitarian Needs

OpenAIRE

Hew, Keat Loong

2013-01-01

The paper looks at the influence that hedonic and utilitarian needs exude on consumer’s preference for premium coffee and ultimately their willingness to pay a premium for the coffee. Utilitarian needs are related to a desire to achieve some functional or practical benefit and often linked with the notion of product performance and usefulness (e.g. drinking coffee to accomplish a specific task such as a need to stay alert due to work requirement). It has tangible and actual attributes where c...

Electric vehicle motors and controllers

Science.gov (United States)

Secunde, R. R.

1981-01-01

Improved and advanced components being developed include electronically commutated permanent magnet motors of both drum and disk configuration, an unconventional brush commutated motor, and ac induction motors and various controllers. Test results on developmental motors, controllers, and combinations thereof indicate that efficiencies of 90% and higher for individual components, and 80% to 90% for motor/controller combinations can be obtained at rated power. The simplicity of the developmental motors and the potential for ultimately low cost electronics indicate that one or more of these approaches to electric vehicle propulsion may eventually displace presently used controllers and brush commutated dc motors.

History and the Equity Risk Premium

OpenAIRE

William Goetzmann; Roger Ibbotson

2005-01-01

We summarize some of our own past findings and place them in the context of the historical development of the idea of the equity risk premium and its empirical measurement by financial economists. In particular, we focus on how the theory of compensation for investment risk developed in the 20th century in tandem with the empirical analysis of historical investment performance. Finally, we update our study of the historical performance of the New York Stock Exchange over the period 1792 to th...

States with stronger health insurance rate review authority experienced lower premiums in the individual market in 2010-13.

Science.gov (United States)

Karaca-Mandic, Pinar; Fulton, Brent D; Hollingshead, Ann; Scheffler, Richard M

2015-08-01

States have varying degrees of review authority over health insurance carriers' rates, including prior approval authority over proposed rates and requirements for loss ratios, the proportion of premium revenues spent on medical claims. The Affordable Care Act (ACA) requires carriers in certain categories of health insurance to provide public justification for rate increases of 10 percent or more. We collected data on how states changed their rate review authority and requirements during 2010-13, the years immediately after enactment of the ACA, and we combined these data with carrier filings. We found that adjusted premiums in the individual market in states that had prior-approval authority combined with loss ratio requirements were lower in 2010-13 ($3,489) than premiums in states with no rate review authority or that had only file-and-use regulations, which gave the states no authority to block rate increases ($3,617). Adjusted premiums declined modestly in prior-approval states with loss ratio requirements, from $3,526 in 2010 to $3,452 in 2013, while premiums increased from $3,422 to $3,683 in states with no rate review authority or file-and-use regulations only. Our findings suggest that states with prior approval authority and loss ratio requirements constrained health insurance premium increases. Project HOPE—The People-to-People Health Foundation, Inc.

Control of non-conventional synchronous motors

CERN Document Server

Louis, Jean-Paul

2013-01-01

Classical synchronous motors are the most effective device to drive industrial production systems and robots with precision and rapidity. However, numerous applications require efficient controls in non-conventional situations. Firstly, this is the case with synchronous motors supplied by thyristor line-commutated inverters, or with synchronous motors with faults on one or several phases. Secondly, many drive systems use non-conventional motors such as polyphase (more than three phases) synchronous motors, synchronous motors with double excitation, permanent magnet linear synchronous motors,

77 FR 41270 - Health Insurance Premium Tax Credit

Science.gov (United States)

2012-07-13

... DEPARTMENT OF THE TREASURY Internal Revenue Service 26 CFR Parts 1 and 602 [TD 9590] RIN 1545-BJ82 Health Insurance Premium Tax Credit Correction In rule document 2012-12421 appearing on pages 30377-30400 in the issue of Wednesday, May 23, 2012, make the following corrections: 0 1. On page 30385, in the...

Design and advanced control of switched reluctance motor; Design og avanceret styring af switched reluctance motor

Energy Technology Data Exchange (ETDEWEB)

Blaabjerg, F.; Jensen, F.; Kierkegaard, P.; Pedersen, J.K.; Rasmussen, P.O.; Simonsen, L.

1999-03-01

The aim of the project is to design, construct and optimise the control of Switched Reluctance Motors with and without permanent magnets. The expectation was an increased efficiency and a decreased material consumption. The project included originally three types of SR-motors, two with a nominal number of revolutions of 3.000 rpm and one motor with a nominal number of revolutions of 50.000 rpm. The project was changed to focus on one motor with a nominal number of revolutions of 6.000 rpm, one with a nominal number of revolutions of 50.000 rpm and one two-phased low-voltage motor with a nominal number of revolutions of 2.000 rpm. The motors had different outputs of 2,7 kW, 0,9 kW and 3 kW, respectively. For this purpose an advanced simulation programme for Switched Reluctance Motors is developed. The programme differs from other programmes by being able to simulate multi-disciplinary such as vibrations and acoustic noise. It is even possible to play the sound. In this connection completely new models are developed. It is also possible to simulate different grid connected converters. Input to the simulation programme is finite element calculations, geometry of the motor and calculations or data from an advanced characterisation system for Switched Reluctance Motors. New methods to control the current in Switched Reluctance Motors are developed, which particularly make quick dynamics possible in a digitally controlled current without use of special noise filters. The method will soon have industrial use. Other new methods have emerged, which secure that the system all the time works with the maximum efficiency irrespective of load. In some cases an efficiency improvement of 10 % is obtained compared to a classic control of the Switched Reluctance Motor. (EHS) EFP-94; EFP-95; EFP-98. 16 refs.

PERHITUNGAN DANA PENSIUN DENGAN METODE PROJECTED UNIT CREDIT DAN INDIVIDUAL LEVEL PREMIUM

Directory of Open Access Journals (Sweden)

I GUSTI AYU KOMANG KUSUMA WARDHANI

2014-08-01

Full Text Available The company which provides the pension program needs the actuarial valuation to estimate the fund amount required by the company to pay for pension funding. Actuarial method that used in this research are projected unit credit and invidual level premium method. Through this research be obtained the result of valuation pension benefits with career average salary assumption is lower than the other salary assumptions. On the other hand, the result of normal cost final value valuation using individual level premium method is smaller than projected unit credit method that suits for the participants of the pension funding program.

PERHITUNGAN DANA PENSIUN DENGAN METODE PROJECTED UNIT CREDIT DAN INDIVIDUAL LEVEL PREMIUM

Directory of Open Access Journals (Sweden)

I GUSTI AYU KOMANG KUSUMA WARDHANI

2014-05-01

Full Text Available The company which provides the pension program needs the actuarial valuation to estimate the fund amount required by the company to pay for pension funding. Actuarial method that used in this research are projected unit credit and invidual level premium method. Through this research be obtained the result of valuation pension benefits with career average salary assumption is lower than the other salary assumptions. On the other hand, the result of normal cost final value valuation using individual level premium method is smaller than projected unit credit method that suits for the participants of the pension funding program.

48 CFR 970.5223-5 - DOE motor vehicle fleet fuel efficiency.

Science.gov (United States)

2010-10-01

... and Contract Clauses for Management and Operating Contracts 970.5223-5 DOE motor vehicle fleet fuel..., insert the following clause in contracts providing for Contractor management of the motor vehicle fleet... 48 Federal Acquisition Regulations System 5 2010-10-01 2010-10-01 false DOE motor vehicle fleet...

The value premium within and across GICS industry sectors in a pre-financial collapse sample

Directory of Open Access Journals (Sweden)

Kenneth E. Scislaw

2015-12-01

Full Text Available A portfolio manager employing a top-down/bottom-up method who seeks to capture the value premium long promised in academic literature would want to first determine whether the premium exists across industries and not just observed in firm-specific book-to-market (BE/ME relationships. Next, the investor would want to know if BE/ME characteristics are stable across these defined homogeneous groups or whether there is considerable variation. Results show that certain industries appear to have a natural or structural tendency to reflect either a high or low BE/ME characteristic. Results also shows that growth-oriented industry BE/ME characteristics appear to be more stable than value-oriented industries over time. Moreover, stocks from growth-oriented industries tend to cluster at high rates in the lowest BE/ME quintile, while stocks from value-oriented industries appear more evenly distributed across middle BE/ME quintiles over time. Value stocks found in growth sectors outperform value stocks in value sectors, contrary to prior published results. The January premium exists both within and across Global Industry Classification Standard industry sectors, but the value premium is not subsumed by the January effect in either analysis.

—Does Demand Fall When Customers Perceive That Prices Are Unfair? The Case of Premium Pricing for Large Sizes

OpenAIRE

Eric T. Anderson; Duncan I. Simester

2008-01-01

We analyze a large-scale field test conducted with a mail-order catalog firm to investigate how customers react to premium prices for larger sizes of women's apparel. We find that customers who demand large sizes react unfavorably to paying a higher price than customers for small sizes. Further investigation suggests that these consumers perceive that the price premium is unfair. Overall, premium pricing led to a 6% to 8% decrease in gross profits.

Program for energetic efficiency in electrical motors: impact in the electric sector and an international comparative analysis of market and efficiency; Programa de eficiencia energetica em motores eletricos: seu impacto no setor eletrico e uma analise comparativa internacional de mercado e eficiencia

Energy Technology Data Exchange (ETDEWEB)

Soares, George A.; Kristoschek Filho, Omar A. [Centro de Pesquisas de Energia Eletrica (CEPEL), Rio de Janeiro, RJ (Brazil); Tabosa, Ronaldo de Paula [ELETROBRAS, Rio de Janeiro, RJ (Brazil). Programa Nacional de Conservacao de Energia Eletrica

1999-07-01

During the last thirteen years, the Brazilian National Program for Combat to the Electric Power Wasting - PROCEL has been developing various activities in the area of electrical motors and electronic actuation. In the initial stage, the program proceeded an evaluation of the national program for electric motors. In the second stage, the recommendations generated in the first stage were implemented, consisting of activities with a more technological characterization due to the necessity of more reliable databases and consideration of questions related to the improvement of the energetic performance. This work performs some analysis concerning to the questions on marketing and performance levels of Canada, USA and european countries. The differences between sales volumes, prices and strategies for establishment of minimum indexes are emphasized. Also, some activities of PROCEL related with the encouragement to the using of more efficient motors are presented.

Assessing Alternative Modifications to the Affordable Care Act: Impact on Individual Market Premiums and Insurance Coverage.

Science.gov (United States)

Eibner, Christine; Saltzman, Evan

2015-03-20

The goals of the Affordable Care Act (ACA) are to enable all legal U.S. residents to have access to affordable health insurance and to prevent sicker individuals (such as those with preexisting conditions) from being priced out of the market. The ACA also instituted several policies to stabilize premiums and to encourage enrollment among healthy individuals of all ages. The law's tax credits and cost-sharing subsidies offer a "carrot" that may encourage enrollment among some young and healthy individuals who would otherwise remain uninsured, while the individual mandate acts as a "stick" by imposing penalties on individuals who choose not to enroll. In this article, the authors use the COMPARE microsimulation model, an analytic tool that uses economic theory and data to predict the effects of health policy reforms, to estimate how eliminating the ACA's individual mandate, eliminating the law's tax credits, and combined scenarios that change these and other provisions of the act might affect 2015 individual market premiums and overall insurance coverage. Underlying these estimates is a COMPARE-based analysis of how premiums and insurance coverage outcomes depend on young adults' propensity to enroll in insurance coverage. The authors find that eliminating the ACA's tax credits and eliminating the individual mandate both increase premiums and reduce enrollment on the individual market. They also find that these key features of the ACA help to protect against adverse selection and stabilize the market by encouraging healthy people to enroll and, in the case of the tax credit, shielding subsidized enrollees from premium increases. Further, they find that individual market premiums are only modestly sensitive to young adults' propensity to enroll in insurance coverage, and ensuring market stability does not require that young adults make up a particular share of enrollees.

76 FR 67572 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

Science.gov (United States)

2011-11-01

... section 1839 of the Act, requires that, starting on January 1,2007, the Part B premium a beneficiary pays... private sector costs of this notice fall below this threshold as well. Executive Order 13132 establishes... B premium rate for 2012 is $99.90, which is equal to 50 percent of the monthly actuarial rate for...

75 FR 68790 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

Science.gov (United States)

2010-11-09

... the Act, requires that, starting on January 1, 2007, the Part B premium a beneficiary pays each month... private sector costs of this notice fall below this threshold as well. Executive Order 13132 establishes... B premium rate for 2011 is $115.40, which is equal to 50 percent of the monthly actuarial rate for...

78 FR 64943 - Medicare Program; Medicare Part B Monthly Actuarial Rates, Premium Rate, and Annual Deductible...

Science.gov (United States)

2013-10-30

... section 1839 of the Act, requires that, starting on January 1, 2007, the Part B premium a beneficiary pays... governments or on the private sector. Executive Order 13132 establishes certain requirements that an agency... B premium rate for all enrollees for 2014 is $104.90, which is equal to 50 percent of the monthly...

Cumulative Prospect Theory, Option Returns, and the Variance Premium

NARCIS (Netherlands)

Baele, Lieven; Driessen, Joost; Ebert, Sebastian; Londono Yarce, J.M.; Spalt, Oliver

The variance premium and the pricing of out-of-the-money (OTM) equity index options are major challenges to standard asset pricing models. We develop a tractable equilibrium model with Cumulative Prospect Theory (CPT) preferences that can overcome both challenges. The key insight is that the

Residential consumers in the Cape Peninsula's willingness to pay for premium priced green electricity

Energy Technology Data Exchange (ETDEWEB)

Oliver, Henry; Volschenk, Jako; Smit, Eon [University of Stellenbosch Business School, Carl Cronje Drive, Bellville, Western Cape 7535 (South Africa)

2011-02-15

A number of studies have explored the willingness (i.e. stated willingness as opposed to actual willingness) of consumers to pay a premium for green electricity in developed countries. However, little is known about how this translates into an emerging economy context. This study investigates the level of willingness of residential households in South Africa's Cape Peninsula to pay a premium for electricity from renewable energy. It methodologically drew on recent contributions in the literature on norm-motivated behaviour used to identify testable factors that could influence residential consumers' willingness to pay (WTP). Interestingly, the study found a significant positive link between household income and WTP for green electricity, contrary to the findings of some previous studies. Not only are higher income households more likely to pay a premium, but typically they are also willing to pay a bigger premium. It was also further established that the view that green electricity is reliable, involvement in the recycling of waste and the belief that everyone should contribute to green electricity generation drive the WTP. (author)

Experiments with a DC Motor

Science.gov (United States)

Kraftmakher, Yaakov

2010-01-01

Experiments with an electric motor provide good opportunity to demonstrate some basic laws of electricity and magnetism. The aim of the experiments with a low-power dc motor is to show how the motor approaches its steady rotation and how its torque, mechanical power and efficiency depend on the rotation velocity. The tight relationship between the…

Equity of the premium of the Ghanaian National Health Insurance Scheme and the implications for achieving universal coverage.

Science.gov (United States)

Amporfu, Eugenia

2013-01-07

The Ghanaian National Health Insurance Scheme (NHIS) was introduced to provide access to adequate health care regardless of ability to pay. By law the NHIS is mandatory but because the informal sector has to make premium payment before they are enrolled, the authorities are unable to enforce mandatory nature of the scheme. The ultimate goal of the Scheme then is to provide all residents with access to adequate health care at affordable cost. In other words, the Scheme intends to achieve universal coverage. An important factor for the achievement of universal coverage is that revenue collection be equitable. The purpose of this study is to examine the vertical and horizontal equity of the premium collection of the Scheme. The Kakwani index method as well as graphical analysis was used to study the vertical equity. Horizontal inequity was measured through the effect of the premium on redistribution of ability to pay of members. The extent to which the premium could cause catastrophic expenditure was also examined. The results showed that revenue collection was both vertically and horizontally inequitable. The horizontal inequity had a greater effect on redistribution of ability to pay than vertical inequity. The computation of catastrophic expenditure showed that a small minority of the poor were likely to incur catastrophic expenditure from paying the premium a situation that could impede the achievement of universal coverage. The study provides recommendations to improve the inequitable system of premium payment to help achieve universal coverage.

Equity of the premium of the Ghanaian national health insurance scheme and the implications for achieving universal coverage

Directory of Open Access Journals (Sweden)

Amporfu Eugenia

2013-01-01

Full Text Available Abstract The Ghanaian National Health Insurance Scheme (NHIS was introduced to provide access to adequate health care regardless of ability to pay. By law the NHIS is mandatory but because the informal sector has to make premium payment before they are enrolled, the authorities are unable to enforce mandatory nature of the scheme. The ultimate goal of the Scheme then is to provide all residents with access to adequate health care at affordable cost. In other words, the Scheme intends to achieve universal coverage. An important factor for the achievement of universal coverage is that revenue collection be equitable. The purpose of this study is to examine the vertical and horizontal equity of the premium collection of the Scheme. The Kakwani index method as well as graphical analysis was used to study the vertical equity. Horizontal inequity was measured through the effect of the premium on redistribution of ability to pay of members. The extent to which the premium could cause catastrophic expenditure was also examined. The results showed that revenue collection was both vertically and horizontally inequitable. The horizontal inequity had a greater effect on redistribution of ability to pay than vertical inequity. The computation of catastrophic expenditure showed that a small minority of the poor were likely to incur catastrophic expenditure from paying the premium a situation that could impede the achievement of universal coverage. The study provides recommendations to improve the inequitable system of premium payment to help achieve universal coverage.

Engineering development of advanced physical fine coal cleaning for premium fuel applications

International Nuclear Information System (INIS)

1997-01-01

Amax R ampersand D, Golden, Colorado by Entech Global for process evaluation tests. The tests successfully demonstrated the capability of advanced column flotation as well as selective agglomeration to produce ultra-clean coal at specified levels of purity and recovery efficiency. Test results and the experience gained during the operation of the PDU have provided valuable insights into the processes studied. Based on the design data obtained from the test work and a set of project design criteria, two sets of conceptual designs for commercial CWF production plants have been developed, one using column flotation and the other using selective agglomeration process. Using these designs, Capital as well as Operating and Maintenance (O ampersand M) cost estimates for the plants have been compiled. These estimates have then been used to derive the annualized cost of production of premium CWF on a commercial scale. Further, a series of sensitivity analysis have been completed to evaluate the effects of variations in selected cost components and process parameters on the overall economics of premium fuel production

Estimating local, organic, and other price premiums of shell eggs in Hawaii.

Science.gov (United States)

Loke, Matthew K; Xu, Xun; Leung, PingSun

2016-05-01

Hedonic modeling and retail scanner data were utilized to investigate the influence of local, organic, nutrition benefits, and other attributes of shell eggs on retail price premium in Hawaii. Within a revealed preference framework, the analysis of local and organic attributes, simultaneously, under a single unified setting is important, as such work is highly deficient in the published literature. This paper finds high to moderate price premiums in four key attributes of shell eggs - organic (64%), local (40%), nutrition benefits claimed (33%), and brown shell (18.4%). Large and extra-large sized eggs also experience price premiums over medium sized eggs. With each larger packing size, the estimated coefficients were negative, indicating a price discount, relative to the baseline packing size. However, there is no evidence to support the overwhelming influence of "local" over "organic", as hypothesized in other research work. Overall, the findings in this paper suggest industry producers and retailers should highlight and market effusively the primary attributes of their shell eggs, including "local", to remain competitive in the marketplace. Effective communication channels are crucial to delivering the product information, capturing the attention of consumers, and securing retail sales. © 2016 Poultry Science Association Inc.

A case for 'prevailing ecology' as premium determinant in home ...

African Journals Online (AJOL)

A case for 'prevailing ecology' as premium determinant in home-based child care ... Ewe mothers located in Dzemeni a migrant, lakeside community in Ghana. ... It builds a case from the analysis of definitions and concepts in care literature.

Analysis of the efficiency of the Iberian power futures market

International Nuclear Information System (INIS)

Capitan Herraiz, Alvaro; Rodriguez Monroy, Carlos

2009-01-01

Market efficiency is analysed for the Iberian Power Futures Market and other European Power Markets, as well as other fuel markets through evaluation of ex-post Forward Risk Premium. The equilibrium price from compulsory call auctions for distribution companies within the framework of the Iberian Power Futures Market is not optimal for remuneration purposes as it seems to be slightly upward biased. In the period considered (August 2006-July 2008), monthly futures contracts behave similarly to quarterly contracts. Average risk premia have been positive in power and natural gas markets but negative in oil and coal markets. Different hypotheses are tested regarding increasing volatility with maturity and regarding Forward Risk Premium variations (decreasing with variance of spot prices during delivery period and increasing with skewness of spot prices during delivery period). Enlarged data sets are recommended for stronger test results. Energy markets tend to show limited levels of market efficiency. Regarding the emerging Iberian Power Futures Market, price efficiency is improved with market development of all the coexistent forward contracting mechanisms and with further integration of European Regional Electricity Markets. (author)

'Benefits cycle' replacing premium cycle as consumerism takes hold.

Science.gov (United States)

2002-05-01

The traditional premium cycle of ups and downs in rates is giving way to a new phenomenon--driven by the advent of consumerism in health care--termed the "benefits cycle" by one consultant. Rather than shifts in rates, he argues, the future will see shifts in benefits packages.

Steady State Dynamic Operating Behavior of Universal Motor

Directory of Open Access Journals (Sweden)

Muhammad Khan Burdi

2015-01-01

Full Text Available A detailed investigation of the universal motor is developed and used for various dynamic steady state and transient operating conditions of loads. In the investigation, output torque, motor speed, input current, input/output power and efficiency are computed, compared and analyzed for different loads. While this paper discusses the steady-state behavior of the universal motor, another companion paper, ?Transient dynamic behavior of universal motor?, will discuss its transient behavior in detail. A non-linear generalized electric machine model of the motor is considered for the analysis. This study was essential to investigate effect of output load on input current, power, speed and efficiency of the motor during operations. Previously such investigation is not known

The Effect of Macroeconomic Variables on Market Risk Premium : Study of Sweden, Germany and Canada

OpenAIRE

Tahmidi, Arad; Sheludchenko, Dmytro; Allahyari Westlund, Samira

2011-01-01

ABSTRACT Title The Effect of Macroeconomic Variables on Market Premium. Study of Sweden, Germany and Canada Authors Samira Allahyari Westlund Arad Tahmidi Dmytro Sheludchenko Supervisor Christos Papahristodoulou Key words Macroeconomic, market risk premium, GDP, inflation, money supply, primary net lending and net borrowing, regression analysis. Institution Mälardalen University School of Sustainable Development of Society and Technology Box 883, SE-721 23 Västerås Sweden Course Bachelor The...

Health Benefits In 2016: Family Premiums Rose Modestly, And Offer Rates Remained Stable.

Science.gov (United States)

Claxton, Gary; Rae, Matthew; Long, Michelle; Damico, Anthony; Whitmore, Heidi; Foster, Gregory

2016-10-01

The annual Kaiser Family Foundation/Health Research and Educational Trust Employer Health Benefits Survey found that in 2016, average annual premiums (employer and worker contributions combined) were $6,435 for single coverage and $18,142 for family coverage. The family premium in 2016 was 3 percent higher than that in 2015. On average, workers contributed 18 percent of the premium for single coverage and 30 percent for family coverage. The share of firms offering health benefits (56 percent) and of workers covered by their employers' plans (62 percent) remained statistically unchanged from 2015. Employers continued to offer financial incentives for completing wellness or health promotion activities. Almost three in ten covered workers were enrolled in a high-deductible plan with a savings option-a significant increase from 2014. The 2016 survey included new questions on cost sharing for specialty drugs and on the prevalence of incentives for employees to seek care at alternative settings. Project HOPE—The People-to-People Health Foundation, Inc.

Optimal Premium as a Function of the Deductible: Customer Analysis and Portfolio Characteristics

Directory of Open Access Journals (Sweden)

Julie Thøgersen

2016-11-01

Full Text Available An insurance company offers an insurance contract ( p , K , consisting of a premium p and a deductible K. In this paper, we consider the problem of choosing the premium optimally as a function of the deductible. The insurance company is facing a market of N customers, each characterized by their personal claim frequency, α, and risk aversion, β. When a customer is offered an insurance contract, she/he will, based on these characteristics, choose whether or not to insure. The decision process of the customer is analyzed in detail. Since the customer characteristics are unknown to the company, it models them as i.i.d. random variables; A 1 , … , A N for the claim frequencies and B 1 , … , B N for the risk aversions. Depending on the distributions of A i and B i , expressions for the portfolio size n ( p ; K ∈ [ 0 , N ] and average claim frequency α ( p ; K in the portfolio are obtained. Knowing these, the company can choose the premium optimally, mainly by minimizing the ruin probability.

The effects of competition on premiums: using United Healthcare's 2015 entry into Affordable Care Act's marketplaces as an instrumental variable.

Science.gov (United States)

Agirdas, Cagdas; Krebs, Robert J; Yano, Masato

2018-01-08

One goal of the Affordable Care Act is to increase insurance coverage by improving competition and lowering premiums. To facilitate this goal, the federal government enacted online marketplaces in the 395 rating areas spanning 34 states that chose not to establish their own state-run marketplaces. Few multivariate regression studies analyzing the effects of competition on premiums suffer from endogeneity, due to simultaneity and omitted variable biases. However, United Healthcare's decision to enter these marketplaces in 2015 provides the researcher with an opportunity to address this endogeneity problem. Exploiting the variation caused by United Healthcare's entry decision as an instrument for competition, we study the impact of competition on premiums during the first 2 years of these marketplaces. Combining panel data from five different sources and controlling for 12 variables, we find that one more insurer in a rating area leads to a 6.97% reduction in the second-lowest-priced silver plan premium, which is larger than the estimated effects in existing literature. Furthermore, we run a threshold analysis and find that competition's effects on premiums become statistically insignificant if there are four or more insurers in a rating area. These findings are robust to alternative measures of premiums, inclusion of a non-linear term in the regression models and a county-level analysis.

Public and private health insurance premiums: how do they affect the health insurance status of low-income childless adults?

Science.gov (United States)

Guy, Gery P; Adams, E Kathleen; Atherly, Adam

2012-01-01

The Patient Protection and Affordable Care Act (ACA) will substantially increase public health insurance eligibility and alter the costs of insurance coverage. Using Current Population Survey (CPS) data from the period 2000-2008, we examine the effects of public and private health insurance premiums on the insurance status of low-income childless adults, a population substantially affected by the ACA. Results show higher public premiums to be associated with a decrease in the probability of having public insurance and an increase in the probability of being uninsured, while increased private premiums decrease the probability of having private insurance. Eligibility for premium assistance programs and increased subsidy levels are associated with lower rates of uninsurance. The magnitudes of the effects are quite modest and provide important implications for insurance expansions for childless adults under the ACA.

46 CFR 308.507 - Security for payment of premiums.

Science.gov (United States)

2010-10-01

....507 Shipping MARITIME ADMINISTRATION, DEPARTMENT OF TRANSPORTATION EMERGENCY OPERATIONS WAR RISK INSURANCE War Risk Cargo Insurance Ii-Open Policy War Risk Cargo Insurance § 308.507 Security for payment of... collateral deposit fund or a surety bond, to secure the payment of the premiums, in an amount which shall at...

Analysis of drivers affecting the use of market premium for renewables in Germany

International Nuclear Information System (INIS)

Genoese, Massimo; Slednev, Viktor; Fichtner, Wolf

2016-01-01

In this paper, we identify and analyze parameters that determine the profitability of wind power operators in the German market premium model. Based on an empirical analysis of different German wind power profiles from 2007 to mid-2012, we are able to show that the profitability significantly depends on the correlation of the wind power portfolio with the overall wind power feed-in and prediction error in Germany. Significant differences between the wind forecast errors clearing cost of the analyzed portfolios can be identified. Our analysis shows that a wind power operator would profit in most cases from a reduced forecast error, which could be achieved through an improved forecast model and an increased share of the intraday cleared error. Furthermore significant locational portfolio advantages and disadvantages can be identified when comparing the different market values. In general, the empirical analysis shows that a premium of 3.5 €/MWh is suitable to cover the cost of an imperfect forecast. Taking further into account that for 2012 a premium of 12 €/MWh was granted; the direct marketing option can be evaluated as highly attractive, which is furthermore indicated by the rapid increase of the directly marketed wind power and photovoltaic generation. - Highlights: • Wind power operator profitability in the German market premium model is analyzed. • Correlation with the overall wind power feed-in and prediction error is crucial. • Wind forecast error clearing cost of the analyzed portfolios show clear differences. • The direct marketing option of wind power can be evaluated as attractive.

The Happy Meal® Effect: the impact of toy premiums on healthy eating among children in Ontario, Canada.

Science.gov (United States)

Hobin, Erin P; Hammond, David G; Daniel, Samantha; Hanning, Rhona M; Manske, Steve

2012-05-24

"Toy premiums", offered with McDonald's Happy Meals®, are a prominent form of food marketing directed at children. Two California jurisdictions recently implemented policies that only permit offering fast-food toy premiums with meals that meet certain nutritional criteria. The primary objective of the current study was to examine elements of this policy in a Canadian context and determine if children select healthier food products if toy premiums are only offered with healthier food options. The study also examined if the impact of restricting toy premiums to healthier foods varied by gender and age. A between-groups experimental study was conducted with 337 children aged 6-12 years attending day camps in Ontario, Canada. Children were offered one of four McDonald's Happy Meals® as part of the camp lunch program: two "healthier" meals that met the nutritional criteria and two meals that did not. In the control condition, all four meals were offered with a toy premium. In the intervention condition, the toy was only offered with the two "healthier" meals. Children were significantly more likely to select the healthier meals when toys were only offered with meals that met nutritional criteria (OR=3.19, 95% CI: 1.89-5.40). The effect of pairing toys with healthier meals had a stronger effect on boys than girls (OR=1.90, 95% CI: 1.14-3.17). Policies that restrict toy premiums to food that meet nutritional criteria may promote healthier eating at fast-food restaurants.

Testing efficiency and unbiasedness in the oil market

International Nuclear Information System (INIS)

Moosa, I.A.; Al-Loughani, N.

1994-03-01

This paper presents some empirical evidence on speculative efficiency or unbiasedness in the crude oil futures market and some related issues. On the basis of monthly observations on spot and futures prices of the WTI crude oil, several tests are carried out on the relevant hypotheses. The evidence suggests that futures prices are neither unbiased nor efficient forecasters of spot prices. Furthermore, a GARCH-M(1,1) model reveals the existence of a time-varying risk premium. (author)

Study of the Insurance Premium Charged to Borrowers under the Guaranteed Student Loan Program. Report No. 3.

Science.gov (United States)

Touche Ross and Co., Washington, DC.

Insurance premiums being charged to borrowers under the Guaranteed Student Loan (GSL) program were studied to determine if the rate exceeded the rate necessary to protect the reserves of the insurer. Attention was directed to whether historical changes in the GSL program have affected insurance premiums. Guaranty agency's sources and uses of funds…

The Equity Premium Puzzle: Analysis in Brazil after the Real Plan

Directory of Open Access Journals (Sweden)

Fábio Augusto Reis Gomes

2013-04-01

Full Text Available Our paper investigates whether there is evidence of an Equity Premium Puzzle (EPP in Brazil, applying two different methodologies. The EPP was identified by Mehra and Prescott (1985 since the Consumption Capital Asset Pricing Model (CCAPM, when calibrated with reasonable preference parameters, could not explain high historical average risk premiums in the United States. In our first approach, we consider Mehra’s (2003 model and calibrate the coefficient of risk aversion, using 1995:2-2012:1 quarterly data. The Ibovespa index was used as a measure of the market return, whereas the risk-free rate was proxied by the Selic interbank rate and by the savings account rate. In our second approach, we propose a new method to test the puzzle. We jointly estimate, via generalized method of moments, the parameters of interest using a moment condition that has not been previously explored, as far as we are aware of. The two approaches produced a high risk aversion coefficient, however the second approach indicated that we cannot reject the hypothesis of the risk aversion coefficient being statistically equal to zero. A possible explanation for this result might be that in Brazil the equity premium is not statistically different from zero. Therefore there is no evidence of EPP in Brazil for the studied period.

Social Security and the Equity Premium Puzzle

OpenAIRE

Olovsson, Conny

2004-01-01

This paper shows that social security may be an important factor in explaining the equity premium puzzle. In the absence of shortselling constraints, the young shortsell bonds to the middle-aged and buy equity. Social security reduces the bond demand of the middle-aged, thereby restricting the possibilities of the young to finance their equity purchases. Their equity demand increases as does the average return to equity. Social security also increases the covariance between future consumption...

Stare down the barrel and center the crosshairs: Targeting the ex ante equity premium

OpenAIRE

Glen Donaldson; Mark Kamstra; Lisa Kramer

2003-01-01

The equity premium of interest in theoretical models is the extra return investors anticipate when purchasing risky stock instead of risk-free debt. Unfortunately, we do not observe this ex ante premium in the data; we only observe the returns that investors actually receive ex post, after they purchase the stock and hold it over some period of time during which random economic shocks affect prices. Over the past century U.S. stocks have returned roughly 6 percent more than risk-free debt, wh...

Financial crisis and market risk premium: Identifying multiple structural changes

Directory of Open Access Journals (Sweden)

Juan J. García-Machado

2011-03-01

Full Text Available The relationship between macroeconomic variables and stock market returns is, by now, well-documented in the literature. However, in this article we examine the long-run relationship between stock and bond markets returns over the period from 1991:11 to 2009:11, using Bai and Perron’s multiple structural change approach. Findings indicate that while the market risk premium is usually positive, periods with negative values appear only in three periods (1991:1-1993:2, 1998:3-2002:2 and from 2007:1-2009:11 leading to changes in the GDP evolution. Thereby, the study shows the presence of structural breaks in the Spanish market risk premium and its relationship with business cycle. These findings contribute to a better understanding of close linkages between the financial markets and the macroeconomic variables such as GDP. Implications of the study and suggestions for future research are provided.

Electric Motor Thermal Management R&D

Energy Technology Data Exchange (ETDEWEB)

Bennion, Kevin

2016-06-07

Thermal management enables more efficient and cost-effective motors. This Annual Merit Review presentation describes the technical accomplishments and progress in electric motor thermal management R&D over the last year. This project supports a broad industry demand for data, analysis methods, and experimental techniques to improve and better understand motor thermal management.

Loss analysis of a 1 MW class HTS synchronous motor

International Nuclear Information System (INIS)

Baik, S K; Kwon, Y K; Kim, H M; Lee, J D; Kim, Y C; Park, H J; Kwon, W S; Park, G S

2009-01-01

The HTS (High-Temperature Superconducting) synchronous motor has advantages over the conventional synchronous motor such as smaller size and higher efficiency. Higher efficiency is due to smaller loss than the conventional motor, so it is important to do loss analysis in order to develop a machine with higher efficiency. This paper deals with machine losses those are dissipated in each part of a HTS synchronous motor. These losses are analyzed theoretically and compared with loss data obtained from experimental results of a 1 MW class HTS synchronous motor. Each machine loss is measured based on IEEE 115 standard and the results are analyzed and considered based on the manufacturing of the test machine.

Empirical Analysis of the Impact of Inflation Targeting on the Risk Premium

Directory of Open Access Journals (Sweden)

Krušković Borivoje D.

2014-09-01

Full Text Available The basis for the conduct of monetary policy is monetary policy strategy. Monetary strategy is necessary for monetary policy makers to analyse all relevant information in order to undertake effective policy actions. Inflation targeting has enabled countries to achieve low inflation in the very short term. Due to this, the financial markets have adjusted their long-term inflation expectations and incorporated them into the interest rate. Risk premiums that compensate for the uncertainty of inflation have fallen. The aim of this paper is to examine how the adoption of inflation targeting affects the movement of the risk premium. The hypothesis we want to test is that the adoption of inflation targeting affects the reduction of the country risk premium by affecting the formation of a more stable macroeconomic environment through a more stable and predictable inflation rate in the medium and long term. The method used for evaluating the regression coefficients is the dynamic panel generalized method of moments (GMM. This method involves the use of conditional moments in endogenous and exogenous variables with a lag as instruments for the assessment of differential equations, while the difference lagged endogenous variables are used as instruments in the levels equation.

Análisis de eficiencia de motores asincrónicos en presencia de desbalances y armónicos en la tensión; Efficiency analysis of induction motors in the presence of harmonics and unbalance voltage

Directory of Open Access Journals (Sweden)

Vladimir Sousa Santos

2013-06-01

Full Text Available En los sistemas eléctricos de potencia es muy común encontrar problemas de calidad de la energía. La circulación de armónicos de tiempo en las redes de suministro eléctrico industrial junto al desbalance de tensión, afecta considerablemente el funcionamiento de los motores asincrónicos trifásicos y dificulta su caracterización energética. Existen diferentes métodos in situ para la estimación de la eficiencia de los motores. Sin embargo, ninguno ha sido lo suficientemente preciso para el análisis bajo la influencia de armónicos, desviaciones y desbalance de tensión. En este trabajo se presenta un procedimiento basado en los circuitos equivalentes, con segregación de pérdidas y empleando un Algoritmo de Forraje Bacterial (AFB, que permite determinar en condiciones de campo y con baja invasividad, la eficiencia energética de motores asincrónicos trabajando en las condiciones señaladas. El método se probó satisfactoriamente en un motor de 1,5 kW alimentado con niveles significativos de desbalance y armónicos de tensión.  In electric supply systems it is very common to find problems of power quality. The time harmonic flow in industrial electrical grids with voltage deviations and unbalance, significantly affects three phase induction motor operation and makes difficult energy characterization. There are different methods for in situ estimation of motors efficiency. However, none of them have been sufficiently precise for the analysis under non-sinusoidal, deviated and unbalanced voltage conditions. This paper presents a method based on the equivalent circuits, with losses segregation and using Bacterial Foraging Algorithm (BFA. It allows determining under field conditions and low invasiveness, energy efficiency of induction motors operating under the before mentioned conditions. This method was tested successfully on a 1,5 kW motor, fed with significant levels of unbalance and voltage harmonics.

Análisis de eficiencia de motores asincrónicos en presencia de desbalances y armónicos en la tensión: Efficiency analysis of induction motors in the presence of harmonics and unbalance voltage

Directory of Open Access Journals (Sweden)

Vladimir Sousa Santos

2013-06-01

Full Text Available En los sistemas eléctricos de potencia es muy común encontrar problemas de calidad de la energía. La circulación de armónicos de tiempo en las redes de suministro eléctrico industrial junto al desbalance de tensión, afecta considerablemente el funcionamiento de los motores asincrónicos trifásicos y dificulta su caracterización energética. Existen diferentes métodos in situ para la estimación de la eficiencia de los motores. Sin embargo, ninguno ha sido lo suficientemente preciso para el análisis bajo la influencia de armónicos, desviaciones y desbalance de tensión. En este trabajo se presenta un procedimiento basado en los circuitos equivalentes, con segregación de pérdidas y empleando un Algoritmo de Forraje Bacterial (AFB, que permite determinar en condiciones de campo y con baja invasividad, la eficiencia energética de motores asincrónicos trabajando en las condiciones señaladas. El método se probó satisfactoriamente en un motor de 1,5 kW alimentado con niveles significativos de desbalance y armónicos de tensión.In electric supply systems it is very common to find problems of power quality. The time harmonic flow in industrial electrical grids with voltage deviations and unbalance, significantly affects three phase induction motor operation and makes difficult energy characterization. There are different methods for in situ estimation of motors efficiency. However, none of them have been sufficiently precise for the analysis under non-sinusoidal, deviated and unbalanced voltage conditions. This paper presents a method based on the equivalent circuits, with losses segregation and using Bacterial Foraging Algorithm (BFA. It allows determining under field conditions and low invasiveness, energy efficiency of induction motors operating under the before mentioned conditions. This method was tested successfully on a 1,5 kW motor, fed with significant levels of unbalance and voltage harmonics.

Permanent Magnet Synchronous Motor with Different Rotor Structures for Traction Motor in High Speed Trains

Directory of Open Access Journals (Sweden)

Marcel Torrent

2018-06-01

Full Text Available In this work we proposed to study the use of permanent magnet synchronous motors (PMSM for railway traction in the high-speed trains (HST of Renfe Operadora (the Spanish national railway operator. Currently, induction motors (IM are used in AVE classes 102–112 trains, so, the IM used as a traction motor in these trains has been studied and characterized by comparing the results with data provided by Renfe. A PMSM of equivalent power to the IM has been dimensioned, and different electromagnetic structures of the PMSM rotor have been evaluated. The simulation by the finite element method and analysis of the equivalent electrical circuit used in all the motors have been studied to evaluate the performance of the motors in this application. Efficiency is calculated at different operating points due to its impact on the energy consumption of railway traction. The implementation of the PMSM evaluated is recommended, mainly due to the improvements achieved in efficiency as compared with the IM currently used.

'Motor challenge' pilot programme; Motor Challenge Pilotprogramm. Schweizer Teilnahme im SAVE-Programm: pilot actions for motor systems industrial energy use challenge

Energy Technology Data Exchange (ETDEWEB)

Nipkow, J.

2003-07-01

This final report for the Swiss Federal Office of Energy (SFOE) presents the results of a pilot project associated with the Motor Challenge Programme (MCP) initiated by the European Commission (Transport and Energy Committee). The programme is briefly described, which aims to improve the efficiency of electrical motors used in industrial compressed-air, pump and ventilator systems as well as in comprehensive motor driven systems. Switzerland's participation in this pilot project is examined, which was concluded after a period of two years when the Motor Challenge Programme itself was launched in February 2003. The mechanisms of the programme are described, whereby companies may become involved in the programme either as partners (users of drive systems) or as endorsers (suppliers, planners, etc., of such systems). Experience gained with two companies in Switzerland - a food processing group and a major chemical pulp producer - who participated in the programme is presented. Efficiency potentials of around 3 GWh/a were identified; these represent a high proportion of the estimated total of 18 GWh/a in the overall programme. A follow-up project is proposed that is to provide detailed information and initiate further efficiency projects in order to encourage other companies to participate in the MCP programme.

Premium quality for a mechanical design department

OpenAIRE

Rofín Serrà, Guillem

2009-01-01

This Thesis has been carried out in a market which is expected to grow rapidly in the next decade. Because of this, actors in the market like Alpha want to strengthen their business position through refining the quality of their products and processes. One of the internal targets of MD, a mechanical design department within Alpha, referred to “premium product quality parameters” although these were not defined. Hence, this Thesis intends to contribute in the definition and understanding that ...

Competitive strategy to provide technology and basic designs for the construction of new refineries premium of the PETROBRAS; Estrategia competitiva para prover tecnologias e projetos basicos para a construcao de novas refinarias premium da PETROBRAS