Dynamic asset allocation for bank under stochastic interest rates.

OpenAIRE

Chakroun, Fatma; Abid, Fathi

2014-01-01

This paper considers the optimal asset allocation strategy for bank with stochastic interest rates when there are three types of asset: Bank account, loans and securities. The asset allocation problem is to maximize the expected utility from terminal wealth of a bank's shareholders over a finite time horizon. As a consequence, we apply a dynamic programming principle to solve the Hamilton-Jacobi-Bellman (HJB) equation explicitly in the case of the CRRA utility function. A case study is given ...

Correction to the count-rate detection limit and sample/blank time-allocation methods

International Nuclear Information System (INIS)

Alvarez, Joseph L.

2013-01-01

A common form of count-rate detection limits contains a propagation of uncertainty error. This error originated in methods to minimize uncertainty in the subtraction of the blank counts from the gross sample counts by allocation of blank and sample counting times. Correct uncertainty propagation showed that the time allocation equations have no solution. This publication presents the correct form of count-rate detection limits. -- Highlights: •The paper demonstrated a proper method of propagating uncertainty of count rate differences. •The standard count-rate detection limits were in error. •Count-time allocation methods for minimum uncertainty were in error. •The paper presented the correct form of the count-rate detection limit. •The paper discussed the confusion between count-rate uncertainty and count uncertainty

A game-theoretical pricing mechanism for multiuser rate allocation for video over WiMAX

Science.gov (United States)

Chen, Chao-An; Lo, Chi-Wen; Lin, Chia-Wen; Chen, Yung-Chang

2010-07-01

In multiuser rate allocation in a wireless network, strategic users can bias the rate allocation by misrepresenting their bandwidth demands to a base station, leading to an unfair allocation. Game-theoretical approaches have been proposed to address the unfair allocation problems caused by the strategic users. However, existing approaches rely on a timeconsuming iterative negotiation process. Besides, they cannot completely prevent unfair allocations caused by inconsistent strategic behaviors. To address these problems, we propose a Search Based Pricing Mechanism to reduce the communication time and to capture a user's strategic behavior. Our simulation results show that the proposed method significantly reduce the communication time as well as converges stably to an optimal allocation.

Dynamic versus static allocation policies in multipurpose multireservoir systems

Science.gov (United States)

Tilmant, A.; Goor, Q.; Pinte, D.; van der Zaag, P.

2007-12-01

As the competition for water is likely to increase in the near future due to socioeconomic development and population growth, water resources managers will face hard choices when allocating water between competing users. Because water is a vital resource used in multiple sectors, including the environment, the allocation is inherently a political and social process, which is likely to become increasingly scrutinized as the competition grows between the different sectors. Since markets are usually absent or ineffective, the allocation of water between competing demands is achieved administratively taking into account key objectives such as economic efficiency, equity and maintaining the ecological integrity. When crop irrigation is involved, water is usually allocated by a system of annual rights to use a fixed, static, volume of water. In a fully-allocated basin, moving from a static to a dynamic allocation process, whereby the policies are regularly updated according to the hydrologic status of the river basin, is the first step towards the development of river basin management strategies that increase the productivity of water. More specifically, in a multipurpose multireservoir system, continuously adjusting release and withdrawal decisions based on the latest hydrologic information will increase the benefits derived from the system. However, the extent to which such an adjustment can be achieved results from complex spatial and temporal interactions between the physical characteristics of the water resources system (storage, natural flows), the economic and social consequences of rationing and the impacts on natural ecosystems. The complexity of the decision-making process, which requires the continuous evaluation of numerous trade-offs, calls for the use of integrated hydrologic-economic models. This paper compares static and dynamic management approaches for a cascade of hydropower-irrigation reservoirs using stochastic dual dynamic programming (SDDP

The Vietnamese lending rate, policy-related rate, and monetary policy post-1997 Asian financial crisis

Directory of Open Access Journals (Sweden)

Chu V. Nguyen

2015-12-01

Full Text Available Asymmetries in the Vietnamese lending central bank’s policy-related rate spread were documented. Empirical results revealed that the spread adjusts to the threshold faster when the central bank’s policy-related rates decrease relative to the lending rates than when the central bank’s policy-related rates move in the opposite direction. Additionally, the empirical findings indicate that Vietnamese commercial banks exhibit competitive rate setting behavior which may be attributable to graft maximization by bank’s management. The results also show bidirectional Granger causality between the Vietnamese lending rate and the central bank’s policy-related rate, indicating that the lending rate and the central bank’s policy-related rate affect each other’s movements. These results suggest that monetary authority can use its countercyclical monetary policy instruments to achieve its macroeconomics objectives. However, the estimation results of the GARCH (2, 3-in-Mean model suggest that they should intervene more frequently and by small policy measures to minimize the conditional variance of the spread to minimize the magnitude of the cycle of the lending rate.

A combinatorial approximation algorithm for CDMA downlink rate allocation

NARCIS (Netherlands)

Boucherie, Richardus J.; Bumb, A.F.; Endrayanto, A.I.; Woeginger, Gerhard; Raghavan, S.; Anandalingam, G.

2006-01-01

This paper presents a combinatorial algorithm for downlink rate allocation in Code Division Multiple Access (CDMA) mobile networks. By discretizing the coverage area into small segments, the transmit power requirements are characterized via a matrix representation that separates user and system

A combinatorial approximation algorithm for CDMA downlink rate allocation

NARCIS (Netherlands)

Boucherie, Richardus J.; Bumb, A.F.; Endrayanto, A.I.; Woeginger, Gerhard

2004-01-01

This paper presents a combinatorial algorithm for downlink rate allocation in Code Division Multiple Access (CDMA) mobile networks. By discretizing the coverage area into small segments, the transmit power requirements are characterized via a matrix representation that separates user and system

Impact of MELD allocation policy on survival outcomes after liver transplantation: a single-center study in northeast Brazil

Directory of Open Access Journals (Sweden)

Thales Paulo Batista

2011-01-01

Full Text Available OBJECTIVE: To analyze the impact of model for end-stage liver disease (MELD allocation policy on survival outcomes after liver transplantation (LT. INTRODUCTION: Considering that an ideal system of grafts allocation should also ensure improved survival after transplantation, changes in allocation policies need to be evaluated in different contexts as an evolutionary process. METHODS: A retrospective cohort study was carried out among patients who underwent LT at the University of Pernambuco. Two groups of patients transplanted before and after the MELD allocation policy implementation were identified and compared using early postoperative mortality and post-LT survival as end-points. RESULTS: Overall, early postoperative mortality did not significantly differ between cohorts (16.43% vs. 8.14%; p = 0.112. Although at 6 and 36-months the difference between pre-vs. post-MELD survival was only marginally significant (p = 0.066 and p = 0.063; respectively, better short, medium and long-term post-LT survival were observed in the post-MELD period. Subgroups analysis showed special benefits to patients categorized as nonhepatocellular carcinoma (non-HCC and moderate risk, as determined by MELD score (15-20. DISCUSSION: This study ensured a more robust estimate of how the MELD policy affected post-LT survival outcomes in Brazil and was the first to show significantly better survival after this new policy was implemented. Additionally, we explored some potential reasons for our divergent survival outcomes. CONCLUSION: Better survival outcomes were observed in this study after implementation of the MELD criterion, particularly amongst patients categorized as non-HCC and moderate risk by MELD scoring. Governmental involvement in organ transplantation was possibly the main reason for improved survival.

Cross-Layer Resource Allocation for Variable Bit Rate Multiclass Services in a Multirate Multicarrier DS-CDMA Network

Directory of Open Access Journals (Sweden)

Kee-Chaing Chua

2005-02-01

Full Text Available An approximate analytical formulation of the resource allocation problem for handling variable bit rate multiclass services in a cellular round-robin carrier-hopping multirate multicarrier direct-sequence code-division multiple-access (MC-DS-CDMA system is presented. In this paper, all grade-of-service (GoS or quality-of-service (QoS requirements at the connection level, packet level, and link layer are satisfied simultaneously in the system, instead of being satisfied at the connection level or at the link layer only. The analytical formulation shows how the GoS/QoS in the different layers are intertwined across the layers. A novelty of this paper is that the outages in the subcarriers are minimized by spreading the subcarriers' signal-to-interference ratio evenly among all the subcarriers by using a dynamic round-robin carrier-hopping allocation scheme. A complete sharing (CS scheme with guard capacity is used for the resource sharing policy at the connection level based on the mean rates of the connections. Numerical results illustrate that significant gain in the system utilization is achieved through the joint coupling of connection/packet levels and link layer.

Designing evaluation studies to optimally inform policy: what factors do policy-makers in China consider when making resource allocation decisions on healthcare worker training programmes?

Science.gov (United States)

Wu, Shishi; Legido-Quigley, Helena; Spencer, Julia; Coker, Richard James; Khan, Mishal Sameer

2018-02-23

In light of the gap in evidence to inform future resource allocation decisions about healthcare provider (HCP) training in low- and middle-income countries (LMICs), and the considerable donor investments being made towards training interventions, evaluation studies that are optimally designed to inform local policy-makers are needed. The aim of our study is to understand what features of HCP training evaluation studies are important for decision-making by policy-makers in LMICs. We investigate the extent to which evaluations based on the widely used Kirkpatrick model - focusing on direct outcomes of training, namely reaction of trainees, learning, behaviour change and improvements in programmatic health indicators - align with policy-makers' evidence needs for resource allocation decisions. We use China as a case study where resource allocation decisions about potential scale-up (using domestic funding) are being made about an externally funded pilot HCP training programme. Qualitative data were collected from high-level officials involved in resource allocation at the national and provincial level in China through ten face-to-face, in-depth interviews and two focus group discussions consisting of ten participants each. Data were analysed manually using an interpretive thematic analysis approach. Our study indicates that Chinese officials not only consider information about the direct outcomes of a training programme, as captured in the Kirkpatrick model, but also need information on the resources required to implement the training, the wider or indirect impacts of training, and the sustainability and scalability to other settings within the country. In addition to considering findings presented in evaluation studies, we found that Chinese policy-makers pay close attention to whether the evaluations were robust and to the composition of the evaluation team. Our qualitative study indicates that training programme evaluations that focus narrowly on direct training

Equity, tariffing, regulation: analysis of the cost allocation policies of an electric utility industry

International Nuclear Information System (INIS)

Bezzina, J.

1998-01-01

In this work, an analysis in terms of equity of policies of tariffing regulation and cost allocation of a multi-products electric company (organized as a natural monopoly) is proposed. The goal is double. In a standard point of view, the first goal is to show that today's literature in the domains of public economy, industrial organization and regulation (traditionally based on efficiency considerations) is able to supply reading keys for the analysis of moral philosophy problems. In a positive point of view, the second goal is to demonstrate that the equity criterion is operational enough to judge tariffing management practices in a particular industrial environment and can be used as a regulatory instrument by an ethics-concerned authority. The document is organized in two parts. An ethical and economical analysis of the equity concepts between allocation efficiency, production efficiency and tariffing practices of companies is proposed first. A particular equity concept is considered which is ready to be implemented for the regulation of a public utility, and the ins and outs expected with an equity theory of tariffing practices are evoked. In a second part, an analysis of goal conflicts between the authority and the regulated company is made in a point of view of equity regulation and cost allocation. An improved equity criterion is defined first, from which a measure is built and becomes a tool for the regulatory authority. Then, its use by a regulatory authority fully informed or encountering information asymmetry problems are analyzed in order to show its stakes on the cost allocation and tariffing policies of the company. (J.S.)

Dynamic virtual machine allocation policy in cloud computing complying with service level agreement using CloudSim

Science.gov (United States)

Aneri, Parikh; Sumathy, S.

2017-11-01

Cloud computing provides services over the internet and provides application resources and data to the users based on their demand. Base of the Cloud Computing is consumer provider model. Cloud provider provides resources which consumer can access using cloud computing model in order to build their application based on their demand. Cloud data center is a bulk of resources on shared pool architecture for cloud user to access. Virtualization is the heart of the Cloud computing model, it provides virtual machine as per application specific configuration and those applications are free to choose their own configuration. On one hand, there is huge number of resources and on other hand it has to serve huge number of requests effectively. Therefore, resource allocation policy and scheduling policy play very important role in allocation and managing resources in this cloud computing model. This paper proposes the load balancing policy using Hungarian algorithm. Hungarian Algorithm provides dynamic load balancing policy with a monitor component. Monitor component helps to increase cloud resource utilization by managing the Hungarian algorithm by monitoring its state and altering its state based on artificial intelligent. CloudSim used in this proposal is an extensible toolkit and it simulates cloud computing environment.

Predicting higher education graduation rates from institutional characteristics and resource allocation

OpenAIRE

Florence A. Hamrick; John H. Schuh; Mack C. Shelley

2004-01-01

This study incorporated institutional characteristics (e.g., Carnegie type, selectivity) and resource allocations (e.g., instructional expenditures, student affairs expenditures) into a statistical model to predict undergraduate graduation rates. Instructional expenditures, library expenditures, and a number of institutional classification variables were significant predictors of graduation rates. Based on these results, recommendations as well as warranted cautions are included about allocat...

Two-way DF relaying assisted D2D communication: ergodic rate and power allocation

Science.gov (United States)

Ni, Yiyang; Wang, Yuxi; Jin, Shi; Wong, Kai-Kit; Zhu, Hongbo

2017-12-01

In this paper, we investigate the ergodic rate for a device-to-device (D2D) communication system aided by a two-way decode-and-forward (DF) relay node. We first derive closed-form expressions for the ergodic rate of the D2D link under asymmetric and symmetric cases, respectively. We subsequently discuss two special scenarios including weak interference case and high signal-to-noise ratio case. Then we derive the tight approximations for each of the considered scenarios. Assuming that each transmitter only has access to its own statistical channel state information (CSI), we further derive closed-form power allocation strategy to improve the system performance according to the analytical results of the ergodic rate. Furthermore, some insights are provided for the power allocation strategy based on the analytical results. The strategies are easy to compute and require to know only the channel statistics. Numerical results show the accuracy of the analysis results under various conditions and test the availability of the power allocation strategy.

Exchange Rate Policy in Philippine Development

OpenAIRE

Bautista, Romeo M.

2003-01-01

This paper examines the conduct of exchange rate policy in the Philippines since the early 1980s, paying particular attention to the influence of exchange rate adjustments on relative production incentives. While primary interest is in the exchange rate regime and its incentive effects, the role of trade policy has to be simultaneously analyzed in view of its influence on the conduct of exchange rate policy as well as its direct effect on the real exchange rate. Moreover, there are analytical...

A case study exploring the ethical and policy dimensions of allocating acute care resources to a dying patient.

Science.gov (United States)

Cooke, Mary; Hurley, Ciarán

2008-05-01

We aimed to identify policy, process and ethical issues related to allocation of National Health Service resources when patients with end-of-life illness are referred to acute care services. Sharing healthcare decisions denotes a different partnership between professionals and patients when patients are empowered to define their needs. Implementation of a transition from professional to patient decision-making appears to be dependent upon its interpretation by personnel delivering care using the local trust policy. The outcome of this is a reformation of responsibility for budget allocation, choice of acute care provider and selecting services, currently in the realm of primary care; be it the general practitioner, community practitioners, or the patient. We used a 'lens' approach to case study analysis in which the lens is constructed of a model of policy analysis and four principles of biomedical ethics. A patient's decision to decline care proposed by an Accident and Emergency department nurse and the nurse's response to that decision expose a policy that restricts the use of ambulance transport and with that, flexibility in responses to patients' decisions. End-of-life care partnership decisions require sensitivity and flexibility from all healthcare practitioners. We found that policy-based systems currently used to deliver care across the primary care - hospital care border are far from seamless and can lead to foreseeable problems. Health professionals responsible for the care of a patient at the end of life should consider the holistic outcomes of resource allocation decisions for patients. Government and health professional agenda suggest that patients should be given a greater element of control over their healthcare than has historically been the case. When patients take responsibility for their decisions, healthcare personnel should recognize that this signals a shift in the nature of the professional-patient relationship to one of partnership.

Online Job Allocation with Hard Allocation Ratio Requirement (Author’s Manuscript)

Science.gov (United States)

2016-04-14

server divided by its capacity. Specifically , let nj be the number of jobs that have already been allocated to server j. When job i arrives, it is...decisions solely based on current system state is needed. The problem of online job allocation has attracted much attention . Most current studies study...closed-form expressions for their performance. Specifically , we prove that, in order to allocate at least 1− 1θ of jobs , the two policies only need to

Pass-through of Change in Policy Interest Rate to Market Rates

OpenAIRE

M. Idrees Khawaja; Sajawal Khan

2008-01-01

This paper examines the pass through of the change in policy interest rate of the central bank of Pakistan to market interest rates. The market rates examined include KIBOR, six month deposit rate and weighted average lending rate. More or less complete pass-through of the change in policy rate to KIBOR is observed within one month. However, the magnitude of change in policy rate to deposit and lending rate is not only low but is slow as well. The pass-through to the weighted average lending ...

Harnessing Scientific and Technological Advances to Improve Equity in Kidney Allocation Policies.

Science.gov (United States)

Tambur, A R; Audry, B; Antoine, C; Suberbielle, C; Glotz, D; Jacquelinet, C

2017-12-01

We reported that current assignment of HLA-DQ is a barrier to organ allocation. Here we simulated the impact of incorporating HLA-DQ antigens and antibodies as A/B and αβ allelic variants, respectively, on calculated panel reactive antibody (cPRA) and probability of finding potential compatible donors (PCD). A cohort of 1224 donors and 2075 sensitized candidates was analyzed using HLA-DQαβ allelic (study) versus serologic (current practice) nomenclature. A significant (p < 10 -4 ) decrease in cPRA was observed with higher impact for male versus female, and first transplant versus retransplant (p < 10 -4 ), affecting mostly patients with moderate cPRA (30-80%). Consequently, the number of patients qualifying for 100% cPRA points according to the United Network for Organ Sharing-Kidney Allocation System decreased by 37%. More critically, by using allelic versus serologic nomenclature for HLA-DQ, the number of PCDs for all patients was increased, with male and first-transplant patients showing a higher expansion compared with female and retransplants. Patients of blood group O showed the highest benefit. The goal of reporting unacceptable antigens is to improve accuracy of virtual crossmatching and increase the likelihood of finding immunologically compatible donors. Our simulation provides strong support for the need to re-evaluate the use of allele typing and how HLA-DQ antigens and antibodies are incorporated into allocation policies to ensure equity. © 2017 The American Society of Transplantation and the American Society of Transplant Surgeons.

Risk allocation under liquidity constraints

NARCIS (Netherlands)

Csóka, P.; Herings, P.J.J.

2013-01-01

Risk allocation games are cooperative games that are used to attribute the risk of a financial entity to its divisions. In this paper, we extend the literature on risk allocation games by incorporating liquidity considerations. A liquidity policy specifies state-dependent liquidity requirements that

Collaborative Event-Driven Coverage and Rate Allocation for Event Miss-Ratio Assurances in Wireless Sensor Networks

Directory of Open Access Journals (Sweden)

Ozgur Sanli H

2010-01-01

Full Text Available Wireless sensor networks are often required to provide event miss-ratio assurance for a given event type. To meet such assurances along with minimum energy consumption, this paper shows how a node's activation and rate assignment is dependent on its distance to event sources, and proposes a practical coverage and rate allocation (CORA protocol to exploit this dependency in realistic environments. Both uniform event distribution and nonuniform event distribution are considered and the notion of ideal correlation distance around a clusterhead is introduced for on-duty node selection. In correlation distance guided CORA, rate assignment assists coverage scheduling by determining which nodes should be activated for minimizing data redundancy in transmission. Coverage scheduling assists rate assignment by controlling the amount of overlap among sensing regions of neighboring nodes, thereby providing sufficient data correlation for rate assignment. Extensive simulation results show that CORA meets the required event miss-ratios in realistic environments. CORA's joint coverage scheduling and rate allocation reduce the total energy expenditure by 85%, average battery energy consumption by 25%, and the overhead of source coding up to 90% as compared to existing rate allocation techniques.

On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong

2011-07-01

Visible light communication (VLC) using optical sources which can be simultaneously utilized for illumination and communication is currently an attractive option for wireless personal area network. Improving the data rate in optical wireless communication system is challenging due to the limited bandwidth of the optical sources. In this paper, we design the singular value decomposition (SVD)- based multiplexing multiple-input multiple-output (MIMO) system to support two data streams in optical wireless channels. Noting that the conventional allocation method in radio frequency (RF) MIMO channels cannot be applied directly to the optical intensity channels, we propose a novel method to allocate the optical power, the offset value and the modulation size for maximum sum rate under the constraints of the nonnegativity of the modulated signals, the aggregate optical power and the bit error rate (BER) requirement. The simulation results show that the proposed allocation method gives the better performance than the method to allocate the optical power equally for each data stream. © 2011 IEEE.

IPO Allocations: Discriminatory or Discretionary?

OpenAIRE

William Wilhelm; Alexander Ljungqvist

2001-01-01

We estimate the structural links between IPO allocations, pre-market information production, and initial underpricing returns, within the context of theories of bookbuilding. Using a sample of both US and international IPOs we find evidence of the following: ? IPO allocation policies favour institutional investors, both in the US and worldwide. ? Increasing institutional allocations results in offer prices that deviate more from the indicative price range established prior to bankers’ efforts...

Combined Rate and Power Allocation with Link Scheduling in Wireless Data Packet Relay Networks with Fading Channels

Directory of Open Access Journals (Sweden)

Subhrakanti Dey

2007-08-01

Full Text Available We consider a joint rate and power control problem in a wireless data traffic relay network with fading channels. The optimization problem is formulated in terms of power and rate selection, and link transmission scheduling. The objective is to seek high aggregate utility of the relay node when taking into account buffer load management and power constraints. The optimal solution for a single transmitting source is computed by a two-layer dynamic programming algorithm which leads to optimal power, rate, and transmission time allocation at the wireless links. We further consider an optimal power allocation problem for multiple transmitting sources in the same framework. Performances of the resource allocation algorithms including the effect of buffer load control are illustrated via extensive simulation studies.

On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong

2013-04-01

In this paper, we consider resource allocation method in the visible light communication. It is challenging to achieve high data rate due to the limited bandwidth of the optical sources. In order to increase the spectral efficiency, we design a suitable multiple-input multiple-output (MIMO) system utilizing spatial multiplexing based on singular value decomposition and adaptive modulation. More specifically, after explaining why the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels, we theoretically derive a power allocation method for an arbitrary number of transmit and receive antennas for optical wireless MIMO systems. Based on three key constraints: the nonnegativity of the intensity-modulated signal, the aggregate optical power budget, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size. Based on some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency at the expense of an increased computational complexity in comparison to a simple method that allocates the optical power equally among all the data streams. © 2013 IEEE.

On the power and offset allocation for rate adaptation of spatial multiplexing in optical wireless MIMO channels

KAUST Repository

Park, Kihong; Ko, Youngchai; Alouini, Mohamed-Slim

2013-01-01

In this paper, we consider resource allocation method in the visible light communication. It is challenging to achieve high data rate due to the limited bandwidth of the optical sources. In order to increase the spectral efficiency, we design a suitable multiple-input multiple-output (MIMO) system utilizing spatial multiplexing based on singular value decomposition and adaptive modulation. More specifically, after explaining why the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels, we theoretically derive a power allocation method for an arbitrary number of transmit and receive antennas for optical wireless MIMO systems. Based on three key constraints: the nonnegativity of the intensity-modulated signal, the aggregate optical power budget, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size. Based on some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency at the expense of an increased computational complexity in comparison to a simple method that allocates the optical power equally among all the data streams. © 2013 IEEE.

Resource allocation on computational grids using a utility model and the knapsack problem

CERN Document Server

Van der ster, Daniel C; Parra-Hernandez, Rafael; Sobie, Randall J

2009-01-01

This work introduces a utility model (UM) for resource allocation on computational grids and formulates the allocation problem as a variant of the 0–1 multichoice multidimensional knapsack problem. The notion of task-option utility is introduced, and it is used to effect allocation policies. We present a variety of allocation policies, which are expressed as functions of metrics that are both intrinsic and external to the task and resources. An external user-defined credit-value metric is shown to allow users to intervene in the allocation of urgent or low priority tasks. The strategies are evaluated in simulation against random workloads as well as those drawn from real systems. We measure the sensitivity of the UM-derived schedules to variations in the allocation policies and their corresponding utility functions. The UM allocation strategy is shown to optimally allocate resources congruent with the chosen policies.

[Food and nutrition security policy in Brazil: an analysis of resource allocation].

Science.gov (United States)

Custódio, Marta Battaglia; Yuba, Tânia Yuka; Cyrillo, Denise Cavallini

2013-02-01

To describe the progression and distribution of federal funds for programs and activities that fall within the scope of the guidelines of the Brazilian National Policy on Food and Nutrition Security (PNSAN) in the period from 2004 to 2010. This descriptive study used data from the Transparency Website maintained by the Brazilian Public Sector Internal Control Office. Search results were exported to Excel spreadsheets. To determine the resources allocated to food security initiatives, a database was set up containing all actions developed by the federal government between 2004 and 2010. This database was reviewed and the actions that were not related to PNSAN were discarded. The annual amounts obtained were corrected by the Consumer Price Index and updated for the year 2010. Since actions are part of specific programs, the sum of the resources allocated for all the actions of a program amounted to the resources invested in the program as a whole. The programs were then prioritized according to the amount of resources received in 2010. Of the 5 014 actions receiving federal funds in the study period, 814 were related to PNSAN (229 programs). There was growth in resources allocated for PNSAN programs, reaching US$ 15 billion in 2010 (an 82% increase over the previous year). The largest amount was invested in Bolsa Família, a cash transfer program. Ten programs received 90% of the funds, of which five were linked to food production processes. The amount of resources invested in the PNSAN and in actions and programs that promote food and nutrition security is increasing in Brazil.

Cost allocation review : staff discussion paper

International Nuclear Information System (INIS)

2005-09-01

This report addressed the need for updated cost allocation studies filed by local electricity distribution companies because they ensure that distribution rates for each customer class remain just and reasonable. According to the 2001 Electricity Distribution Rate Handbook, the Ontario Energy Board requires new cost allocation studies before implementing any future incentive regulation plans. A review of cost allocations allows the Board to consider the need for adjustments to the current share of distribution costs paid by different classes of ratepayers. This report included 14 sections to facilitate consultations with stakeholders on financial information requirements for cost allocation; directly assignable costs; functionalization; categorization; allocation methods; allocation of other costs; load data requirements; cost allocation implementation issues; addition of new rate class and rate design for scattered unmetered loads; addition of new rate class for larger users; rates to charge embedded distributors; treatment of the rate sub-classification identified as time-of-use; and, rate design implementation issues. 1 fig., 7 appendices

Cost-allocation principles for pipeline capacity and usage

International Nuclear Information System (INIS)

Salant, D.J.; Watkins, G.C.

1996-01-01

The issue of cost sharing among multiple users of transmission facilities, such as pipelines, was discussed. The various ways in which a fair and reasonable pipeline cost-allocation scheme can be implemented were examined. It was suggested that no method exists for allocating costs that will achieve all major policy goals. The advantages and disadvantages of a system of uniform rates, such as postage stamp tolls, was discussed in the context of a natural gas pipeline system. A postage stamp system is one in which all users pay the same amount per unit of capacity, regardless of transport distances. This rate structure, while sometimes appropriate, is inefficient if total costs are distance-sensitive or if there is a significant variation in the sources of demand. Two commonly accepted minimal principles that a cost allocation should satisfy include: (1) the stand-alone cost test, and (2) the incremental cost test. This means that no one should pay costs in excess of their stand-alone costs and no one should pay less than their incremental costs. Postage stamp tolls were found to fail the minimal set of commonly applied principles. More optimal ways in which to allocate pipeline network costs among users were presented. The nucleolus is a unique cost allocation that is consistent, symmetric and homogeneous. The nucleolus is calculated by splitting the costs equally among users of a common facility. Another effective cost allocation system is the Shapley value which can be derived from a set of axioms which differ slightly from those that identify the nucleolus. 2 refs., 1 tab

Cost-allocation principles for pipeline capacity and usage

Energy Technology Data Exchange (ETDEWEB)

Salant, D.J.; Watkins, G.C. [Law and Economics Consulting Group, Emeryville, CA (United States)

1996-12-31

The issue of cost sharing among multiple users of transmission facilities, such as pipelines, was discussed. The various ways in which a fair and reasonable pipeline cost-allocation scheme can be implemented were examined. It was suggested that no method exists for allocating costs that will achieve all major policy goals. The advantages and disadvantages of a system of uniform rates, such as postage stamp tolls, was discussed in the context of a natural gas pipeline system. A postage stamp system is one in which all users pay the same amount per unit of capacity, regardless of transport distances. This rate structure, while sometimes appropriate, is inefficient if total costs are distance-sensitive or if there is a significant variation in the sources of demand. Two commonly accepted minimal principles that a cost allocation should satisfy include: (1) the stand-alone cost test, and (2) the incremental cost test. This means that no one should pay costs in excess of their stand-alone costs and no one should pay less than their incremental costs. Postage stamp tolls were found to fail the minimal set of commonly applied principles. More optimal ways in which to allocate pipeline network costs among users were presented. The nucleolus is a unique cost allocation that is consistent, symmetric and homogeneous. The nucleolus is calculated by splitting the costs equally among users of a common facility. Another effective cost allocation system is the Shapley value which can be derived from a set of axioms which differ slightly from those that identify the nucleolus. 2 refs., 1 tab.

Impacts of – and farmers’ adaptation to – land allocation policies in the north central uplands of Vietnam

DEFF Research Database (Denmark)

Folving Ginzburg, Rikke; Thulstrup, Andreas Waaben; Nielsen, Thomas Theis

2017-01-01

with their impact in a variety of ways. The paper argues that land allocation policies have: (1) decreased the amount of land available, (2) not improved land tenure security and (3) had a limited impact on farming practices. The differences between the five villages are great, demonstrating the very different...

Exchange rate policy under sovereign default risk

OpenAIRE

Schabert, Andreas

2011-01-01

We examine monetary policy options for a small open economy where sovereign default might occur due to intertemporal insolvency. Under interest rate policy and floating exchange rates the equilibrium is indetermined. Under a fixed exchange rate the equilibrium is uniquely determined and independent of sovereign default.

Resource Allocation and Public Policy in Alberta's Postsecondary System.

Science.gov (United States)

Barneston, Bob; Boberg, Alice

2000-01-01

Resource allocation in Alberta's postsecondary system has changed substantially since 1994, designed to reapportion financial responsibility for higher education, increase vocational outcomes of postsecondary education, and increase transfer of knowledge and technology to the private sector. This paper outlines how resource allocation has been…

Regional allocation of biomass to U.S. energy demands under a portfolio of policy scenarios.

Science.gov (United States)

Mullins, Kimberley A; Venkatesh, Aranya; Nagengast, Amy L; Kocoloski, Matt

2014-01-01

The potential for widespread use of domestically available energy resources, in conjunction with climate change concerns, suggest that biomass may be an essential component of U.S. energy systems in the near future. Cellulosic biomass in particular is anticipated to be used in increasing quantities because of policy efforts, such as federal renewable fuel standards and state renewable portfolio standards. Unfortunately, these independently designed biomass policies do not account for the fact that cellulosic biomass can equally be used for different, competing energy demands. An integrated assessment of multiple feedstocks, energy demands, and system costs is critical for making optimal decisions about a unified biomass energy strategy. This study develops a spatially explicit, best-use framework to optimally allocate cellulosic biomass feedstocks to energy demands in transportation, electricity, and residential heating sectors, while minimizing total system costs and tracking greenhouse gas emissions. Comparing biomass usage across three climate policy scenarios suggests that biomass used for space heating is a low cost emissions reduction option, while biomass for liquid fuel or for electricity becomes attractive only as emissions reduction targets or carbon prices increase. Regardless of the policy approach, study results make a strong case for national and regional coordination in policy design and compliance pathways.

The Russian Landing Rate, Central Bank’s Policy Related Rate and Intermediation Premium

Directory of Open Access Journals (Sweden)

Chu V. Nguyen

2017-04-01

Full Text Available This paper illustrates asymmetries in the Russian intermediation premium as measured by the spread between the commercial lending rate and the Central Bank’s policy related rate. Empirical results have shown that the Russian intermediation premium adjusts to the threshold faster when the Central Bank’s policy related rates increase relative to lending rates as opposed to when the Central Bank’s policy related rates move in the opposite direction. The findings of this paper suggest that during the period when the Russian Federation faced formidable challenges from a sharp decline in oil prices and reduced access to international capital markets due to Western sanctions, the Central Bank of Russia was not effective in utilizing countercyclical monetary policy to achieve macroeconomic objectives and commercial banks exhibited predatory pricing behavior.

Optimal power allocation of a sensor node under different rate constraints

KAUST Repository

Ayala Solares, Jose Roberto

2012-06-01

The optimal transmit power of a sensor node while satisfying different rate constraints is derived. First, an optimization problem with an instantaneous transmission rate constraint is addressed. Next, the optimal power is analyzed, but now with an average transmission rate constraint. The optimal solution for a class of fading channels, in terms of system parameters, is presented and a suboptimal solution is also proposed for an easier, yet efficient, implementation. Insightful asymptotical analysis for both schemes, considering a Rayleigh fading channel, are shown. Finally, the optimal power allocation for a sensor node in a cognitive radio environment is analyzed where an optimum solution for a class of fading channels is again derived. In all cases, numerical results are provided for either Rayleigh or Nakagami-m fading channels. © 2012 IEEE.

Dynamic water allocation policies improve the global efficiency of storage systems

Science.gov (United States)

Niayifar, Amin; Perona, Paolo

2017-06-01

Water impoundment by dams strongly affects the river natural flow regime, its attributes and the related ecosystem biodiversity. Fostering the sustainability of water uses e.g., hydropower systems thus implies searching for innovative operational policies able to generate Dynamic Environmental Flows (DEF) that mimic natural flow variability. The objective of this study is to propose a Direct Policy Search (DPS) framework based on defining dynamic flow release rules to improve the global efficiency of storage systems. The water allocation policies proposed for dammed systems are an extension of previously developed flow redistribution rules for small hydropower plants by Razurel et al. (2016).The mathematical form of the Fermi-Dirac statistical distribution applied to lake equations for the stored water in the dam is used to formulate non-proportional redistribution rules that partition the flow for energy production and environmental use. While energy production is computed from technical data, riverine ecological benefits associated with DEF are computed by integrating the Weighted Usable Area (WUA) for fishes with Richter's hydrological indicators. Then, multiobjective evolutionary algorithms (MOEAs) are applied to build ecological versus economic efficiency plot and locate its (Pareto) frontier. This study benchmarks two MOEAs (NSGA II and Borg MOEA) and compares their efficiency in terms of the quality of Pareto's frontier and computational cost. A detailed analysis of dam characteristics is performed to examine their impact on the global system efficiency and choice of the best redistribution rule. Finally, it is found that non-proportional flow releases can statistically improve the global efficiency, specifically the ecological one, of the hydropower system when compared to constant minimal flows.

Output-based allocation as a form of protection for internationally competitive industries

International Nuclear Information System (INIS)

Haites, Erik

2003-12-01

Policies adopted by Annex B Parties to reduce their greenhouse gas (GHG) emissions are likely to increase costs for industries vulnerable to international competition in domestic or export markets. Domestic emissions trading, by enabling the aggregate emissions target to be met at least cost, helps to reduce the adverse impacts on these industries. An output-based allocation of allowances reduces the output decline due to imposition of the emissions trading program relative to a lump-sum (historic) allocation and so helps reduce the adverse impacts on these industries. The effectiveness of an output-based allocation in maintaining production must be assessed empirically because it depends on the characteristics of all of the firms covered by the trading program as well as other factors. Modeling results for a possible emissions trading program for Alberta confirm the expected impacts of an output-based allocation and indicate that the effectiveness varies across industries. While encouraging greater production, an output-based allocation lowers profits relative to a lump-sum allocation and leads to a different distribution of costs. Other policy options for reducing the output decline in industries vulnerable to international competition include lump-sum allocations or auctioned allowances combined with assistance programs for emission reduction actions or a requirement to meet 'world best' emission performance standard. These policy options should be compared with an output-based allocation in terms of effectiveness, total cost and other impacts, before a policy is adopted

Emissions trading with offset markets and free quota allocations

Energy Technology Data Exchange (ETDEWEB)

Rosendahl, Knut Einar; Strand, Jon

2012-07-01

We study interactions between a 'policy bloc's' emissions quota market and an offset market where emissions offsets can be purchased from a non-policy 'fringe' of countries (such as for the CDM under the Kyoto Protocol). Policy-bloc firms are assumed to benefit from free quota allocations that are updated according to either past emissions or past outputs. We show that both overall abatement, and the allocation of given abatement between the policy bloc and the fringe, tend to be inefficient. When the policy-bloc quota market and offset markets are fully integrated (and firms buy offsets directly from the fringe), and all quotas and offsets must be traded at a single price, it is optimal for the policy bloc to either not constrain the offset market whatsoever, or to ban offsets completely. The former (latter) case occurs when free allocation of quotas is not too generous (very generous), and the offset market can profitably deliver large (only a small) quota amounts. Governments of policy countries would however instead prefer to buy offsets directly from the fringe at a price below the policy-bloc quota price. The offset price will then be below the marginal damage cost of emissions, and the quota price in the policy bloc above marginal damage cost. This solution is also inefficient as the policy bloc (acting as a monopsonist) purchases too few offsets from the fringe.(Author)

Duality between resource reservation and proportional share resource allocation

Science.gov (United States)

Stoica, Ion; Abdel-Wahab, Hussein; Jeffay, Kevin

1997-01-01

We describe anew framework for resource allocation that unifies the well-known proportional share and resource reservation policies. Each client is characterized by two parameters: a weight that represents the rate at which the client 'pays' for the resource, and a share that represents the fraction of the resource that the client should receive. A fixed rate corresponds to a proportional share allocation, while a fixed share corresponds to a reservation. Furthermore, rates and shares are duals of each other. Once one parameters is fixed the other becomes fixed as well. If a client asks for a fixed share then the level of competition for the resource determines the rate at which it has to pay, while if the rate is fixed, level of competition determines the service time the clients should receive. To implement this framework we use a new proportional share algorithm, called earliest eligible virtual deadline first, that achieves optical accuracy in the rates at which process execute. This makes it possible to provide support for highly predictable, real-time services. As a proof of concept we have implemented a prototype of a CPU scheduler under the FreeBSD operating system. The experimental results show that our scheduler achieves the goal of providing integrated support for batch and real-time applications.

Factors of Selection of the Stock Allocation Method

Directory of Open Access Journals (Sweden)

Rohov Heorhii K.

2014-03-01

Full Text Available The article describes results of the author’s study of factors of making strategic decisions on selection of methods of stock allocation by public joint stock companies in Ukraine. The author used the Random forest mathematical apparatus of classification trees building and also informal methods. The article analyses the reasons that restrain public allocation of stock. It shows significant influence upon selection of a method of stock allocation of such factors as capital concentration, balance rate of corporate rights, sector of economy and significant participation of the institutes of common investment or the state in the authorised capital. The built hierarchical model of classification of factors of the issuing policy of joint stock companies finds logical justification in specific features of the institutional environment, however, it does not fit into the framework of the classical concept of the market economy. The model could be used both for formation of goals of corporate financial strategies and in the process of improvement of state regulation of activity of securities issuers. The prospect of further studies in this direction is identification of transformation of factors of selection of the stock allocation method under conditions of revival of the stock market.

The Importance of Asset Allocation and Active Management for Canadian Mutual Funds

OpenAIRE

Zhao, Yuefeng; Zhang, Fan

2010-01-01

Several different factors, including asset allocation policy, active portfolio management and market movements affect the return of a mutual fund. Existing studies test the relative importance of asset allocation policy and active management in explaining the variability of performance. In this paper, we use data for the period 2000-2010 to test the factors' role in determining performance of Canadian equity funds, balanced funds and international funds. The results show that asset allocation...

Resource allocation decision modeling for a Louisiana Public Benefit Fund program

International Nuclear Information System (INIS)

Kaiser, Mark J.; Pulsipher, Allan G.

2003-01-01

A simulation model is developed to value energy efficiency improvement programs in Louisiana proposed to be delivered through a Public Benefits Fund. A uniform 1 mill/kW h non-bypassable surcharge on the electric rates of all electricity users is proposed to be distributed for low-income bill assistance, low-income weatherization, and energy efficiency programs across the residential and commercial sector of Louisiana. The economic and environmental impact of the energy improvement programs is coupled to a stochastic linear program to specify the resource allocation subject to policy and system constraints. The model is illustrated through a realistic policy scenario. (Author)

Redundancy allocation problem of a system with increasing failure rates of components based on Weibull distribution: A simulation-based optimization approach

International Nuclear Information System (INIS)

Guilani, Pedram Pourkarim; Azimi, Parham; Niaki, S.T.A.; Niaki, Seyed Armin Akhavan

2016-01-01

The redundancy allocation problem (RAP) is a useful method to enhance system reliability. In most works involving RAP, failure rates of the system components are assumed to follow either exponential or k-Erlang distributions. In real world problems however, many systems have components with increasing failure rates. This indicates that as time passes by, the failure rates of the system components increase in comparison to their initial failure rates. In this paper, the redundancy allocation problem of a series–parallel system with components having an increasing failure rate based on Weibull distribution is investigated. An optimization method via simulation is proposed for modeling and a genetic algorithm is developed to solve the problem. - Highlights: • The redundancy allocation problem of a series–parallel system is aimed. • Components possess an increasing failure rate based on Weibull distribution. • An optimization method via simulation is proposed for modeling. • A genetic algorithm is developed to solve the problem.

Childhood Diabesity: International Applications for Health Education and Health Policy

Science.gov (United States)

Pinzon-Perez, Helda; Kotkin-Jaszi, Suzanne; Perez, Miguel A.

2010-01-01

Health policy has a direct impact on health education initiatives, health care delivery, resource allocation, and quality of life. Increasing rates in the epidemics of obesity and obesity-dependent diabetes mellitus (aka diabesity) suggest that health policy changes should be included in health education and disease prevention strategies. Health…

Model of refrigerated display-space allocation for multi agro-perishable products considering markdown policy

Science.gov (United States)

Satiti, D.; Rusdiansyah, A.

2018-04-01

Problems that need more attention in the agri-food supply chain are loss and waste as consequences from improper quality control and excessive inventories. The use of cold storage is still being one of favourite technologies in controlling product quality by majority of retailers. We considerate the temperature of cold storage in determining the inventory and pricing strategies based on identified product quality. This study aims to minimize the agri-food waste, utility of cold storage facilities and maximize retailer’s profit through determining the refrigerated display-space allocation and markdown policy based on identified food shelf life. The proposed model evaluated with several different scenarios to find out the right strategy.

Equitable fund allocation, an economical approach for sustainable waste load allocation.

Science.gov (United States)

Ashtiani, Elham Feizi; Niksokhan, Mohammad Hossein; Jamshidi, Shervin

2015-08-01

This research aims to study a novel approach for waste load allocation (WLA) to meet environmental, economical, and equity objectives, simultaneously. For this purpose, based on a simulation-optimization model developed for Haraz River in north of Iran, the waste loads are allocated according to discharge permit market. The non-dominated solutions are initially achieved through multiobjective particle swarm optimization (MOPSO). Here, the violation of environmental standards based on dissolved oxygen (DO) versus biochemical oxidation demand (BOD) removal costs is minimized to find economical total maximum daily loads (TMDLs). This can save 41% in total abatement costs in comparison with the conventional command and control policy. The BOD discharge permit market then increases the revenues to 45%. This framework ensures that the environmental limits are fulfilled but the inequity index is rather high (about 4.65). For instance, the discharge permit buyer may not be satisfied about the equity of WLA. Consequently, it is recommended that a third party or institution should be in charge of reallocating the funds. It means that the polluters which gain benefits by unfair discharges should pay taxes (or funds) to compensate the losses of other polluters. This intends to reduce the costs below the required values of the lowest inequity index condition. These compensations of equitable fund allocation (EFA) may help to reduce the dissatisfactions and develop WLA policies. It is concluded that EFA in integration with water quality trading (WQT) is a promising approach to meet the objectives.

Large centric diatoms allocate more cellular nitrogen to photosynthesis to counter slower RUBISCO turnover rates

Directory of Open Access Journals (Sweden)

Yaping eWu

2014-12-01

Full Text Available Diatoms contribute ~40% of primary production in the modern ocean and encompass the largest cell size range of any phytoplankton group. Diatom cell size influences their nutrient uptake, photosynthetic light capture, carbon export efficiency, and growth responses to increasing pCO2. We therefore examined nitrogen resource allocations to the key protein complexes mediating photosynthesis across six marine centric diatoms, spanning 5 orders of magnitude in cell volume, under past, current and predicted future pCO2 levels, in balanced growth under nitrogen repletion. Membrane bound photosynthetic protein concentrations declined with cell volume in parallel with cellular concentrations of total protein, total nitrogen and chlorophyll. Larger diatom species, however, allocated a greater fraction (by 3.5 fold of their total cellular nitrogen to the soluble RUBISCO carbon fixation complex than did smaller species. Carbon assimilation per unit of RUBISCO large subunit (C RbcL-1 s-1 decreased with cell volume, from ~8 to ~2 C RbcL-1 s-1 from the smallest to the largest cells. Whilst a higher allocation of cellular nitrogen to RUBISCO in larger cells increases the burden upon their nitrogen metabolism, the higher RUBISCO allocation buffers their lower achieved RUBISCO turnover rate to enable larger diatoms to maintain carbon assimilation rates per total protein comparable to small diatoms. Individual species responded to increased pCO2, but cell size effects outweigh pCO2 responses across the diatom species size range examined. In large diatoms a higher nitrogen cost for RUBISCO exacerbates the higher nitrogen requirements associated with light absorption, so the metabolic cost to maintain photosynthesis is a cell size-dependent trait.

On capital allocation for stochastic arrangement increasing actuarial risks

Directory of Open Access Journals (Sweden)

Pan Xiaoqing

2017-01-01

Full Text Available This paper studies the increasing convex ordering of the optimal discounted capital allocations for stochastic arrangement increasing risks with stochastic arrangement decreasing occurrence times. The application to optimal allocation of policy limits is presented as an illustration as well.

Interest Rate Dynamics and Monetary Policy Implementation in Switzerland

OpenAIRE

Puriya Abbassi; Dieter Nautz; Christian Offermanns

2010-01-01

The maturity of the operational target of monetary policy is a distinguishing feature of the SNB's operational framework of monetary policy. While most central banks use targets for the overnight rate to signal the policy-intended interest rate level, the SNB announces a target range for the three-month Libor. This paper investigates the working and the consequences of the SNB's unique operational framework for the behavior of Swiss money market rates before and during the financial crisis.

Biomass Resource Allocation among Competing End Uses

Energy Technology Data Exchange (ETDEWEB)

Newes, E.; Bush, B.; Inman, D.; Lin, Y.; Mai, T.; Martinez, A.; Mulcahy, D.; Short, W.; Simpkins, T.; Uriarte, C.; Peck, C.

2012-05-01

The Biomass Scenario Model (BSM) is a system dynamics model developed by the U.S. Department of Energy as a tool to better understand the interaction of complex policies and their potential effects on the biofuels industry in the United States. However, it does not currently have the capability to account for allocation of biomass resources among the various end uses, which limits its utilization in analysis of policies that target biomass uses outside the biofuels industry. This report provides a more holistic understanding of the dynamics surrounding the allocation of biomass among uses that include traditional use, wood pellet exports, bio-based products and bioproducts, biopower, and biofuels by (1) highlighting the methods used in existing models' treatments of competition for biomass resources; (2) identifying coverage and gaps in industry data regarding the competing end uses; and (3) exploring options for developing models of biomass allocation that could be integrated with the BSM to actively exchange and incorporate relevant information.

Dynamic detection-rate-based bit allocation with genuine interval concealment for binary biometric representation.

Science.gov (United States)

Lim, Meng-Hui; Teoh, Andrew Beng Jin; Toh, Kar-Ann

2013-06-01

Biometric discretization is a key component in biometric cryptographic key generation. It converts an extracted biometric feature vector into a binary string via typical steps such as segmentation of each feature element into a number of labeled intervals, mapping of each interval-captured feature element onto a binary space, and concatenation of the resulted binary output of all feature elements into a binary string. Currently, the detection rate optimized bit allocation (DROBA) scheme is one of the most effective biometric discretization schemes in terms of its capability to assign binary bits dynamically to user-specific features with respect to their discriminability. However, we learn that DROBA suffers from potential discriminative feature misdetection and underdiscretization in its bit allocation process. This paper highlights such drawbacks and improves upon DROBA based on a novel two-stage algorithm: 1) a dynamic search method to efficiently recapture such misdetected features and to optimize the bit allocation of underdiscretized features and 2) a genuine interval concealment technique to alleviate crucial information leakage resulted from the dynamic search. Improvements in classification accuracy on two popular face data sets vindicate the feasibility of our approach compared with DROBA.

Rating the effectiveness of local tobacco policies for reducing youth smoking.

Science.gov (United States)

Lipperman-Kreda, Sharon; Friend, Karen B; Grube, Joel W

2014-04-01

Important questions remain regarding the effectiveness of local tobacco policies for preventing and reducing youth tobacco use and the relative importance of these policies. The aims of this paper are to: (1) compare policy effectiveness ratings provided by researchers and tobacco prevention specialists for individual local tobacco policies, and (2) develop and describe a systematic approach to score communities for locally-implemented tobacco policies. We reviewed municipal codes of 50 California communities to identify local tobacco regulations in five sub-domains. We then developed an instrument to rate the effectiveness of these policies and administered it to an expert panel of 40 tobacco researchers and specialists. We compared mean policy effectiveness ratings obtained from researchers and prevention specialists and used it to score the 50 communities. High inter-rater reliabilities obtained for each sub-domain indicated substantial agreement among the raters about relative policy effectiveness. Results showed that, although researchers and prevention specialists differed on the mean levels of policy ratings, their relative rank ordering of the effectiveness of policy sub-domains were very similar. While both researchers and prevention specialists viewed local outdoor clean air policies as least effective in preventing and reducing youth cigarette smoking, they rated tobacco sales policies and advertising and promotion as more effective than the other policies. Moreover, we found high correlations between community scores generated from researchers' and prevention specialists' ratings. This approach can be used to inform research on local policies and prevention efforts and help bridge the gap between research and practice.

The Wireless Craze, The Unlimited Bandwidth Myth, The Spectrum Auction Faux Pas, and the Punchline to Ronald Coase's 'Big Joke': An Essay on Airwave Allocation Policy

OpenAIRE

Hazlett, Thomas W.

2001-01-01

In 1959 the Federal Communications Commission invited economist Ronald Coase to testify about his proposal for market allocation of radio spectrum rights. The FCC's first question: 'Is this all a big joke'' Today, however, leading policy makers, including the current FCC Chair, decry the 'spectrum drought' produced by administrative allocation and call for the creation of private bandwidth markets. This essay examines marketplace trends driving regulators' change of humor, and considers the p...

Methodology to Support Dynamic Function Allocation Policies Between Humans and Flight Deck Automation

Science.gov (United States)

Johnson, Eric N.

2012-01-01

Function allocation assigns work functions to all agents in a team, both human and automation. Efforts to guide function allocation systematically have been studied in many fields such as engineering, human factors, team and organization design, management science, cognitive systems engineering. Each field focuses on certain aspects of function allocation, but not all; thus, an independent discussion of each does not address all necessary aspects of function allocation. Four distinctive perspectives have emerged from this comprehensive review of literature on those fields: the technology-centered, human-centered, team-oriented, and work-oriented perspectives. Each perspective focuses on different aspects of function allocation: capabilities and characteristics of agents (automation or human), structure and strategy of a team, and work structure and environment. This report offers eight issues with function allocation that can be used to assess the extent to which each of issues exist on a given function allocation. A modeling framework using formal models and simulation was developed to model work as described by the environment, agents, their inherent dynamics, and relationships among them. Finally, to validate the framework and metrics, a case study modeled four different function allocations between a pilot and flight deck automation during the arrival and approach phases of flight.

Biometric Quantization through Detection Rate Optimized Bit Allocation

Directory of Open Access Journals (Sweden)

C. Chen

2009-01-01

Full Text Available Extracting binary strings from real-valued biometric templates is a fundamental step in many biometric template protection systems, such as fuzzy commitment, fuzzy extractor, secure sketch, and helper data systems. Previous work has been focusing on the design of optimal quantization and coding for each single feature component, yet the binary string—concatenation of all coded feature components—is not optimal. In this paper, we present a detection rate optimized bit allocation (DROBA principle, which assigns more bits to discriminative features and fewer bits to nondiscriminative features. We further propose a dynamic programming (DP approach and a greedy search (GS approach to achieve DROBA. Experiments of DROBA on the FVC2000 fingerprint database and the FRGC face database show good performances. As a universal method, DROBA is applicable to arbitrary biometric modalities, such as fingerprint texture, iris, signature, and face. DROBA will bring significant benefits not only to the template protection systems but also to the systems with fast matching requirements or constrained storage capability.

Attribute framing affects the perceived fairness of health care allocation principles

Directory of Open Access Journals (Sweden)

Eyal Gamliel

2010-02-01

Full Text Available Health care resource allocation is a central moral issue in health policy, and opinions about it have been studied extensively. Allocation situations have typically been described and presented in a positive manner (i.e., who should receive medical aid. On the other hand, the negative valence allocation situation (i.e., who should not receive medical aid has been relatively neglected. This paper demonstrates how positive versus negative framing of the exact same health care resource allocation situation can affect the perceived fairness of allocation principles. Participants usually perceived non-egalitarian principles (i.e., need, equity and tenure to be fairer in positively framed situations (i.e., to deliver health care resources to certain patients than negatively framed situation (i.e., not to deliver health care resources to other patients. However, framing did not affect the perceived fairness of the equality principle (i.e., a random draw. The paper offers a theoretical explanation for the effect of framing on the perceived fairness of heath care resource allocation and discusses implications for both researchers and policy makers.

Increasing Stability in the Mix of Exchange-rate Policies.

OpenAIRE

Mushin, Jerry

2008-01-01

This paper is an examination of the experience of exchange-rate policy systems since 1996 and a comparison with the experience of 1978 to 1995. Exchange-rate policy has become more stable than it was in the earlier period. In addition, it has become polarized, with almost all countries choosing either a fixed exchange-rate regime (especially in low-GDP countries) or a floating exchange-rate regime (especially in high-GDP countries). Limited-flexibility exchange-rate systems have become unimpo...

Credit Ratings Failures and Policy Options

OpenAIRE

Marco Pagano; Paolo Volpin

2009-01-01

This paper examines the role of credit rating agencies in the subprime crisis that triggered the 2007-2008 financial turmoil. We focus on two aspects of ratings that contributed to the boom and bust of the market for structured debt: rating inflation and coarse information disclosure. The paper discusses how regulation can be designed to mitigate these problems in the future. Our preferred policy is to require rating agencies to be paid by investors rather than by issuers and to grant open an...

THE IMPACT OF FISCAL AND BUDGETARY POLICIES ON THE UNEMPLOYMENT RATE IN THE EU MEMBER STATES

Directory of Open Access Journals (Sweden)

ALEXANDRU DRONCA

2015-03-01

Full Text Available The tax system is one of the main tools by which a State exercises sovereignty through the collection, allocation and redistribution of revenues in a given territory. This paper aims to highlight how the characteristics of tax systems, in the Member States of the European Union, affect the unemployment rate. To achieve this goal, indicators for the 28 Member States of the European Union for the period 2004-2012 where used in the study. Starting with an analysis of panel data models, developed using a range of indicators specific for tax systems (budget revenues, budget expenditures, public investment, direct taxes, indirect taxes and social contributions,as exogenous variables and the unemployment rate, as an endogenous variable. The results show that the fiscal and budgetary policies of EU Member States can play a positive role in reducing unemployment, provided that their application and use will meet certain standards and performance criteria and do not harm business.

IMPROVING THE EFFECTIVENESS OF EXCHANGE RATE POLICY IN CONTEMPORARY VIETNAM

Directory of Open Access Journals (Sweden)

The Dong Phung

2014-01-01

Full Text Available The article discusses the issue of effectiveness of exchange rate policy in contemporary Vietnam, along with the assessment of the mechanism of this policy from 1989 to the present day. The author analyzes constraints of implementing the exchange rate policy in the past and gives recommendations aimed at improving its efficiency nowadays.

A case study of supply chain simulation for determining the best stock allocation

Directory of Open Access Journals (Sweden)

Puryani

2018-01-01

Full Text Available You Dare is a Small and Medium Enterprise (SME engaged in fashion, namely the sale of shoes. The problems that occurred in Dare are their limit on the amount of the shoes supply from suppliers and the inventory allocation policies are unplanned, so the profit is not maximized. This study simulates inventory allocation policy that Dare applies to see the impact on profits of Dare then proceed with the design of new system scenarios. The new scenario aims to implement policies more appropriately to increase the profits of Dare. Simulations are performed with ProModel software.The results of this study indicate that the policy of only using intuition cannot maximize the profits. An appropriate policy to increase profits of Dare is to consider the demand and cost allocation. Based on simulation results, Dare will only have an average profit of IDR 52.187.000, whereas if Dare uses the proposed policy, the average profit will increase to IDR 55.948.000 within two years.

Nitrogen nutrition of Canna indica: Effects of ammonium versus nitrate on growth, biomass allocation, photosynthesis, nitrate reductase activity and N uptake rates

DEFF Research Database (Denmark)

Konnerup, Dennis; Brix, Hans

2010-01-01

The effects of inorganic nitrogen (N) source (NH4+, NO3- or both) on growth, biomass allocation, photosynthesis, N uptake rate, nitrate reductase activity and mineral composition of Canna indica were studied in hydroponic culture. The relative growth rates (0.05-0.06 g g-1 d-1), biomass allocation...

THE MONETARY POLICY TRANSMISSION MECHANISM THROUGH INTEREST RATE. EMPIRICAL ANALYSIS: ROMANIA

OpenAIRE

Gabriel Bistriceanu

2008-01-01

Understanding monetary policy transmission is necessary to moentary policy projection and implementation of monetary policy in a efficient manner. I consider that interest rate monetary policy mechanism is very important because the interest rate is now the main instrument used by the majority of central banks in the world in taking monetary policy decissions and by all central banks wich have inflation targeting strategy. In this paper, I analysed monetary policy transmission mechanism throu...

76 FR 78703 - American Century Strategic Asset Allocations, Inc., et al.;

Science.gov (United States)

2011-12-19

...] American Century Strategic Asset Allocations, Inc., et al.; Notice of Application December 13, 2011. AGENCY... Century Strategic Asset Allocations, Inc. (``ACSAA''), American Century Investment Management, Inc... with its investment objectives, policies, strategies and limitations, in financial instruments that may...

A case study of supply chain simulation for determining the best stock allocation

OpenAIRE

Puryani; Astanti Yuli Dwi; Fitriani Gity Nur

2018-01-01

You Dare is a Small and Medium Enterprise (SME) engaged in fashion, namely the sale of shoes. The problems that occurred in Dare are their limit on the amount of the shoes supply from suppliers and the inventory allocation policies are unplanned, so the profit is not maximized. This study simulates inventory allocation policy that Dare applies to see the impact on profits of Dare then proceed with the design of new system scenarios. The new scenario aims to implement policies more appropriate...

Corporate risk tolerance and capital allocation: A practical approach to implementing an exploration risk policy

International Nuclear Information System (INIS)

Walls, M.R.

1995-01-01

Petroleum exploration companies are confronted regularly with the issue of allocating scarce capital among a set of available exploration projects, which are generally characterized by a high degree of financial risk and uncertainty. Commonly used methods for evaluating alternative investments consider the amount and timing of the monetary flows associated with a project and ignore the firm's ability or willingness to assume the business risk of the project. The preference-theory approach combines the traditional means of project valuation, net present value (NPV) analysis, with a decision-science-based approach to risk management. This integrated model provides a means for exploration firms to measure and to manage the financial risks associated with petroleum exploration, consistent with the firm's desired risk policy

Role of Subsidies Allocated by the Second Pillar of the Common Agricultural Policy and Diversification in Romanian Farms through Agritourism

Directory of Open Access Journals (Sweden)

NICOLA GALLUZZO

2016-06-01

Full Text Available This paper discusses about the role and the economic impact of subsidies allocated by the Common Agricultural Policy between 2007 and 2012, predominantly through the second pillar, in order to stimulate farmers to stay in the countryside and diversify their activities by agritourism. The analysis has used a quantitative approach aimed at assessing the main correlations between the growth of agritourisms and the financial supports paid by the European Union in eight Romanian administrative regions using the Farm Accountancy Data Network. Findings have pointed out that in regions where the higher has been the development of agritourism, the more significant has been the positive socio-economic impact of the funds allocated by the European Union in favour of rural development. Rural areas characterized by a low level of farmer’s income and by a high incidence of subsidies paid by the European Union in supporting rural development have brought about a considerable growth of farm diversification through agritourism. This has also corroborated the hypothesis according to which the diversification in the countryside is sensitive both to the funds allocated by the EU and to a low level of income in farms.

Parameter allocation of parallel array bistable stochastic resonance and its application in communication systems

International Nuclear Information System (INIS)

Liu Jian; Zhai Qi-Qing; Wang You-Guo; Liu Jin

2016-01-01

In this paper, we propose a parameter allocation scheme in a parallel array bistable stochastic resonance-based communication system (P-BSR-CS) to improve the performance of weak binary pulse amplitude modulated (BPAM) signal transmissions. The optimal parameter allocation policy of the P-BSR-CS is provided to minimize the bit error rate (BER) and maximize the channel capacity (CC) under the adiabatic approximation condition. On this basis, we further derive the best parameter selection theorem in realistic communication scenarios via variable transformation. Specifically, the P-BSR structure design not only brings the robustness of parameter selection optimization, where the optimal parameter pair is not fixed but variable in quite a wide range, but also produces outstanding system performance. Theoretical analysis and simulation results indicate that in the P-BSR-CS the proposed parameter allocation scheme yields considerable performance improvement, particularly in very low signal-to-noise ratio (SNR) environments. (paper)

Allocation of police posts in a medium-sized city: a multiple criteria approach

Directory of Open Access Journals (Sweden)

Charles Miller Gois de Oliveira

2015-09-01

Full Text Available Changes in violent crime rates implies a need for strategies to protect the population. Public safety policies should be focused on preventive security, which has the potential to reduce crime rates. The allocation of the police observation posts contributes to an increase in safety. However, given limited resources, the number of observation units has reduced in most Brazilian cities. Therefore, efficient allocation of these resources is necessary to ensure rational use of security agents. Several aspects influence decisions related to where to install these units, complicating this process. The multiple criteria approach is appropriate in this type of decision-making process, because it allows the decision maker to generate and consolidate knowledge. The results indicate that the most suitable neighborhoods are those with higher rates of violence and greater social gaps. This work presents some benefits to the area of public security, since it formalizes tacit knowledge into explicit knowledge. The information contained in this study may be made available to other public administrators who need to make this kind of decision.

On the theory of interest rate policy

Directory of Open Access Journals (Sweden)

Heinz-Peter Spahn

2001-12-01

Full Text Available A new consensus in the theory of monetary policy has been reached pointing to the pivotal role of interest rates that are set in accordance with central banks' reaction functions. The decisive criterion of assessing the Taylor rule, inflation and monetary targeting is not the macrotheoretic foundation of these concepts. They serve as "languages" coordinating heterogeneous beliefs among policy makers and private agents, and should also allow rule-based discretionary policies when markets are in need of leadership. Contrary to the ECB dogma, the Fed is right to have an eye on the risks of inflation and unemployment.

China’s Exchange Rate Policy: A Double Edged Sword

Science.gov (United States)

2013-12-01

market.10 These four characteristics allowed the East Asian countries of Japan, Taiwan , and South Korea to develop at exponential rates for decades. This...EXCHANGE RATE POLICY Chapter II provides background on important factors affecting China’s exchange rate policy, as well as an overview of its...include telecommunications, tourism , hospitality, 51 World’s Richest Countries, “Top Ten Chinese

Policy considerations for improving influenza vaccination rates among pregnant women.

Science.gov (United States)

Mollard, Elizabeth K; Guenzel, Nicholas; Brown, Peggy A; Keeler, Heidi J; Cramer, Mary E

2014-01-01

Influenza exposure during pregnancy can cause severe health problems for both the mother and her offspring, including an increased risk of mortality. Influenza vaccination during all trimesters of pregnancy is safe and effective, and recommended by professional organizations such as the American College of Obstetrics and Gynecology. Despite these recommendations, the U.S. vaccination rates remain low in this high-risk population. A policy analysis based on the five-part method identified by Teitelbaum and Wilensky () addresses factors to consider in identifying the best voluntary policy options to improve the vaccination rates. The authors provide discussion of the background, landscape, and stakeholder interests and the pros and cons of two voluntary policy options to increase vaccination. The policy options include: (a) financial incentives for providers and (b) an education emphasis for providers and staff. The authors conclude that based on considerations of cost, provider preference, and practicality of implementation, a continuing educational intervention is the preferred policy venue to increase vaccination rates. © 2014 Wiley Periodicals, Inc.

Direct reciprocity stabilizes simultaneous hermaphroditism at high mating rates: A model of sex allocation with egg trading.

Science.gov (United States)

Henshaw, Jonathan M; Kokko, Hanna; Jennions, Michael D

2015-08-01

Simultaneous hermaphroditism is predicted to be unstable at high mating rates given an associated increase in sperm competition. The existence of reciprocal egg trading, which requires both hermaphroditism and high mating rates to evolve, is consequently hard to explain. We show using mathematical models that the presence of a trading economy creates an additional fitness benefit to egg production, which selects for traders to bias their sex allocation toward the female function. This female-biased sex allocation prevents pure females from invading a trading population, thereby allowing simultaneous hermaphroditism to persist stably at much higher levels of sperm competition than would otherwise be expected. More generally, our model highlights that simultaneous hermaphroditism can persist stably when mating opportunities are abundant, as long as sperm competition remains low. It also predicts that reciprocity will select for heavier investment in the traded resource. © 2015 The Author(s). Evolution © 2015 The Society for the Study of Evolution.

Do State-Based Policies Have an Impact on Teen Birth Rates and Teen Abortion Rates in the United States?

Science.gov (United States)

Chevrette, Marianne; Abenhaim, Haim Arie

2015-10-01

The United States has one of the highest teen birth rates among developed countries. Interstate birth rates and abortion rates vary widely, as do policies on abortion and sex education. The objective of our study is to assess whether US state-level policies regarding abortion and sexual education are associated with different teen birth and teen abortion rates. We carried out a state-level (N = 51 [50 states plus the District of Columbia]) retrospective observational cross-sectional study, using data imported from the National Vital Statistics System. State policies were obtained from the Guttmacher Institute. We used descriptive statistics and regression analysis to study the association of different state policies with teen birth and teen abortion rates. The state-level mean birth rates, when stratifying between policies protective and nonprotective of teen births, were not statistically different-for sex education policies, 39.8 of 1000 vs 45.1 of 1000 (P = .2187); for mandatory parents' consent to abortion 45 of 1000, vs 38 of 1000 when the minor could consent (P = .0721); and for deterrents to abortion, 45.4 of 1000 vs 37.4 of 1000 (P = .0448). Political affiliation (35.1 of 1000 vs 49.6 of 1000, P births. Lower teen abortion rates were, however, associated with restrictive abortion policies, specifically lower in states with financial barriers, deterrents to abortion, and requirement for parental consent. While teen birth rates do not appear to be influenced by state-level sex education policies, state-level policies that restrict abortion appear to be associated with lower state teen abortion rates. Copyright © 2015 North American Society for Pediatric and Adolescent Gynecology. Published by Elsevier Inc. All rights reserved.

Examining the volatility of exchange rate: Does monetary policy matter?

OpenAIRE

Lim, Shu Yi; Sek, Siok Kun

2014-01-01

We conduct empirical analysis on examining the changes in exchange rate volatility under two monetary policy regimes, i.e. the pre- and post- inflation targeting (IT) regimes. In addition, we also investigate if the monetary decisions can have impacts on the volatility of exchange rate. The study is focused in four Asian countries that experienced drastic in the switch of monetary policy from the rigid exchange rate to flexible exchange rate and inflation targeting after the Asian financial c...

A woman's place: household labour allocation in rural Kenya.

Science.gov (United States)

Neitzert, M

1994-01-01

This article synthesizes the literature on household labor allocation. The review reveals that development policies impacting on the labor market favor men over women. Male favoritism also occurs in household decision-making. Data from the 1988 Rural Labor Force Survey were used to examine rural household labor allocation in 1988 and the extent of female and male participation in home and market production and the degree of labor market discrimination against women. It is argued that the standard neoclassical model of economics does not recognize the unequal bargaining power of each member of the household in arriving at a solution to the joint welfare maximization problem. Women's position is expected to worsen during economic development. Women will have less than full participation in the labor market. Women's distinct role in household welfare provision is often disregarded. Development policy mainly focuses on market activities where women hold few positions. Labor allocation in the empirical analysis pertains to the mean hours per week in farm activities, household activities, schooling, and paid or unpaid non-farm work. Findings indicate that average earnings were lower for females than males and that returns to education and training were higher for males than females. Wage discrimination accounted for 30-66% of the earnings gap between rural men and women. Women faced discrimination on their returns to human capital and occupational choices. The concentration of women in low-paying jobs accounted for 21% of the wage gap. Women's lower education accounted for over 10%. Findings suggest that Kenyan households respond to market incentives. Women worked longer hours than men and contributed more to household welfare. Policy should focus on models of household provisioning and not on a joint utility function. Policy should encourage households to revise labor allocation strategies.

Does evidence influence policy? Resource allocation and the Indigenous Burden of Disease study.

Science.gov (United States)

Doran, Christopher M; Ling, Rod; Searles, Andrew; Hill, Peter

2016-01-01

Objective The Indigenous Burden of Disease (IBoD) report is the most comprehensive assessment of Indigenous disease burden in Australia. The aim of the present study was to investigate the potential effect of the IBoD report on Australian Indigenous health policy, service expenditure and research funding. Findings have significance for understanding factors that may influence Indigenous health policy. Methods The potential effect of the IBoD report was considered by: (1) conducting a text search of pertinent documents published by the federal government, Council of Australian Governments and the National Health and Medical Research Council of Australia (NHMRC) and observing the quantity and quality of references to IBoD; (2) examining data on government Indigenous healthcare expenditure for trends consistent with the findings and policy implications of the IBoD report; and (3) examining NHMRC Indigenous grant allocation trends consistent with the findings and policy implications of the IBoD report. Results Of 110 government and NHMRC documents found, IBoD was cited in 27. Immediately after publication of the IBoD report, federal and state governments increased Indigenous health spending (relative to non-Indigenous), notably for community health and public health at the state level. Expenditure on Indigenous hospital separations for chronic diseases also increased. These changes are broadly consistent with the findings of the IBoD report on the significance of chronic disease and the need to address certain risk factors. However, there is no evidence that such changes had a causal connection with the IBoD study. After publication of the IBoD report, changes in NHMRC Indigenous research funding showed little consistency with the findings of the IBoD report. Conclusions The present study found only indirect and inconsistent correlational evidence of the potential influence of the IBoD report on Indigenous health expenditure and research funding. Further assessment of

Impacts of alternative allowance allocation methods under a cap-and-trade program in power sector

International Nuclear Information System (INIS)

Liu Beibei; He Pan; Zhang Bing; Bi Jun

2012-01-01

Emission trading is considered to be a cost-effective environmental economic instrument for pollution control. However, the policy design of an emission trading program has a decisive impact on its performance. Allowance allocation is one of the most important policy design issues in emission trading, not only for equity but also for policy performance. In this research, an artificial market for sulfur dioxide (SO 2 ) emission trading was constructed by applying an agent-based model. The performance of the Jiangsu SO 2 emission trading market was examined under different allowance allocation methods and transaction costs. The results showed that the market efficiency of emission trading would be affected by the allocation methods when the transaction costs are positive. The auction allowance allocation method was more efficient and had the lowest total emission control costs than the other three allocation methods examined. However, the use of this method will require that power plants pay for all of their allowance, and doing so will increase the production costs of power plants. On the other hand, output-based allowance allocation is the second best method. - Highlights: ► The impact of allowance allocation methods is examined for a cap-and-trade program. ► The market efficiency would be distinct when the transaction costs are positive. ► The auction method would have lowest total emission control costs.

Exchange rate policy and external debt in emerging economies: an empirical analysis

OpenAIRE

Cebir, Bilgen

2012-01-01

In this thesis, we empirically analyze the e ects of exchange rate policy on external debt accumulation in emerging market economies with a sample of 15 countries over the period 1998-2010. The exchange rate policy is captured by the de facto exchange rate classi cation of Ilzetzki, Reinhart, and Rogo (2008). This classification is based on the actual exchange rate behavior rather than the officially declared regimes. Therefore, it is expected to better reflect the exchange rate policies act...

A Critical Appraisal of Exchange Rate Policies and the Value of ...

African Journals Online (AJOL)

This paper critically appraised exchange rate policies and its influence on the value of the domestic currency (i.e. Naira) in Nigeria for the period 1970 through 2002 within the framework of tabular approach. Exchange rate theories and the exchange rate policies prior to SAP, during SAP and after SAP were reviewed.

Interest rate transmission mechanism of monetary policy in the selected EMU candidate countries

Directory of Open Access Journals (Sweden)

Mirdala Rajmund

2009-01-01

Full Text Available The stable macroeconomic environment, as one of the primary objectives of the Visegrad countries in the 1990s, was partially supported by the exchange rate policy. Fixed exchange rate systems within gradually widen bands (Czech Republic, Slovak Republic and crawling peg system (Hungary, Poland were replaced by the managed floating in the Czech Republic (May 1997, Poland (April 2000, Slovak Republic (October 1998 and fixed exchange rate to euro in Hungary (January 2000 with broad band (October 2001. Higher macroeconomic and banking sector stability allowed countries from the Visegrad group to implement the monetary policy strategy based on the interest rate transmission mechanism. Continuous harmonization of the monetary policy framework (with the monetary policy of the ECB and the increasing sensitivity of the economy agents to the interest rates changes allowed the central banks from the Visegrad countries to implement monetary policy strategy based on the key interest rates determination. In the paper we analyze the impact of the central banks' monetary policy in the Visegrad countries on the selected macroeconomic variables in the period 1999-2008 implementing SVAR (structural vector autoregression approach. We expect that higher sensitivity of domestic variables to interest rates shocks can be interpreted as a convergence of monetary policies in candidate countries towards the ECB's monetary policy.

Optimal Power Allocation of a Wireless Sensor Node under Different Rate Constraints

KAUST Repository

Solares, Jose

2011-07-01

Wireless sensor networks consist of the placement of sensors over a broad area in order to acquire data. Depending on the application, different design criteria should be considered in the construction of the sensors but among all of them, the battery life-cycle is of crucial interest. Power minimization is a problem that has been addressed from different approaches which include an analysis from an architectural perspective and with bit error rate and/or discrete instantaneous transmission rate constraints, among others. In this work, the optimal transmit power of a sensor node while satisfying different rate constraints is derived. First, an optimization problem with an instantaneous transmission rate constraint is addressed. Next, the optimal power is analyzed, but now with an average transmission rate constraint. The optimal solution for a class of fading channels, in terms of system parameters, is presented and a suboptimal solution is also proposed for an easier, yet efficient, implementation. Insightful asymptotical analysis for both schemes, considering a Rayleigh fading channel, are shown. Furthermore, the optimal power allocation for a sensor node in a cognitive radio environment is analyzed where an optimum solution for a class of fading channels is again derived. In all cases, numerical results are provided for either Rayleigh or Nakagami-m fading channels. The results obtained are extended to scenarios where we have either one transmitter-multiple receivers or multiple transmitters-one receiver.

Effectiveness of high interest rate policy on exchange rates: A reexamination of the Asian financial crisis

Directory of Open Access Journals (Sweden)

Chin Diew Lai

2006-09-01

Full Text Available One of the most controversial issues in the aftermath of the Asian financial crisis has been the appropriate response of monetary policy to a sharp decline in the value of some currencies. In this paper, we empirically examine the effects on Asian exchange rates of sharply higher interest rates during the Asian financial crisis. Taking account of the currency contagion effect, our results indicate that sharply higher interest rates helped to support the exchange rates of South Korea, the Philippines, and Thailand. For Malaysia, no significant causal relation is found from the rate of interest to exchange rates, as the authorities in Malaysia did not actively adopt a high interest rate policy to defend the currency.

75 FR 53013 - Fiscal Year 2011 Tariff-rate Quota Allocations for Raw Cane Sugar, Refined and Specialty Sugar...

Science.gov (United States)

2010-08-30

... for Raw Cane Sugar, Refined and Specialty Sugar, and Sugar-containing Products; Revision AGENCY... August 17, 2010 concerning Fiscal Year 2011 tariff-rate quota allocations of raw cane sugar, refined and special sugar, and sugar-containing products. USTR is revising the effective date of that notice to...

Communication about future policy rates in theory and practice : a survey

NARCIS (Netherlands)

Moessner, R.; Jansen, David-Jan; de Haan, Jakob

We discuss the theoretical rationale for central bank communication about future policy rates, either as part of inflation targeting or in the form of forward guidance. We also summarize both actual central bank communication about future policy rates and empirical evidence on the effectiveness of

Comparing methodologies for the allocation of overhead and capital costs to hospital services.

Science.gov (United States)

Tan, Siok Swan; van Ineveld, Bastianus Martinus; Redekop, William Ken; Hakkaart-van Roijen, Leona

2009-06-01

Typically, little consideration is given to the allocation of indirect costs (overheads and capital) to hospital services, compared to the allocation of direct costs. Weighted service allocation is believed to provide the most accurate indirect cost estimation, but the method is time consuming. To determine whether hourly rate, inpatient day, and marginal mark-up allocation are reliable alternatives for weighted service allocation. The cost approaches were compared independently for appendectomy, hip replacement, cataract, and stroke in representative general hospitals in The Netherlands for 2005. Hourly rate allocation and inpatient day allocation produce estimates that are not significantly different from weighted service allocation. Hourly rate allocation may be a strong alternative to weighted service allocation for hospital services with a relatively short inpatient stay. The use of inpatient day allocation would likely most closely reflect the indirect cost estimates obtained by the weighted service method.

Examining the reaction of monetary policy to exchange rate changes: A nonlinear ARDL approach

Science.gov (United States)

Manogaran, Lavaneesvari; Sek, Siok Kun

2017-04-01

Previous studies showed the exchange rate changes can have significant impacts on macroeconomic performance. Over fluctuation of exchange rate may lead to economic instability. Hence, monetary policy rule tends to react to exchange rate changes. Especially, in emerging economies where the policy-maker tends to limit the exchange rate movement through interventions. In this study, we seek to investigate how the monetary policy rule reacts to exchange rate changes. The nonlinear autoregressive distributed lag (NARDL) model is applied to capture the asymmetric effect of exchange rate changes on monetary policy reaction function (interest rate). We focus the study in ASEAN5 countries (Indonesia, Malaysia, Philippines, Thailand and Singapore). The results indicated the existence of asymmetric effect of exchange rates changes on the monetary reaction function for all ASEAN5 countries in the long-run. Where, in majority of the cases the monetary policy is reacting to the appreciation and depreciation of exchange rate by raising the policy rate. This affirms the intervention of policymakers with the `fear of floating' behavior.

Using contests to allocate pollution rights

International Nuclear Information System (INIS)

MacKenzie, Ian A.; Hanley, Nick; Kornienko, Tatiana

2009-01-01

In this paper we advocate a new initial allocation mechanism for a tradable pollution permit market. We outline a Permit Allocation Contest (PAC) that distributes permits to firms based on their rank relative to other firms. This ranking is achieved by ordering firms based on an observable 'external action' where the external action is an activity or characteristic of the firm that is independent of their choice of emissions in the tradable permit market. We argue that this mechanism has a number of benefits over auctioning and grandfathering. Using this mechanism efficiently distributes permits, allows for the attainment of a secondary policy objective and has the potential to be more politically appealing than existing alternatives.

Allocating external financing for health: a discrete choice experiment of stakeholder preferences.

Science.gov (United States)

Grépin, Karen A; Pinkstaff, Crossley B; Hole, Arne Risa; Henderson, Klara; Norheim, Ole Frithjof; Røttingen, John-Arne; Ottersen, Trygve

2018-02-01

Most donors of external financing for health use allocation policies to determine which countries are eligible to receive financial support and how much support each should receive. Currently, most of these policies place a great deal of weight on income per capita as a determinant of aid allocation but there is increasing interest in putting more weight on other country characteristics in the design of such policies. It is unclear, however, how much weight should be placed on other country characteristics. Using an online discrete choice experiment designed to elicit preferences over country characteristics to guide decisions about the allocation of external financing for health, we find that stakeholders assign a great deal of importance to health inequalities and the burden of disease but put very little weight on income per capita. We also find considerable variation in preferences across stakeholders, with people from low- and middle-income countries putting more weight on the burden of disease and people from high-income countries putting more weight on health inequalities. These findings suggest that stakeholders put more weight on burden of disease and health inequalities than on income per capita in evaluating which countries should received external financing for health and that that people living in aid recipient may have different preferences than people living in donor countries. Donors may wish to take these differences in preferences in mind if they are reconsidering their aid allocation policies. © The Author(s) 2018. Published by Oxford University Press. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

can Money Matter for Interest Rate Policy?

NARCIS (Netherlands)

Brueckner, M.; Schabert, A.

2006-01-01

In this paper it is shown that money can matter for macroeconomic stability under interest rate policy when transactions frictions are non-negligible. We develop a sticky price model with a shopping time function, which induces the marginal utility of consumption to depend on the (predetermined)

Exchange rate policy, growth, and foreign trade in China

Directory of Open Access Journals (Sweden)

Gligorić Mirjana

2011-01-01

Full Text Available This paper analyzes a hot topic: the influence of an undervalued currency on macroeconomic variables - primarily on the economic growth and trade balance of a country, but also on employment, foreign exchange reserves, competition, and living standards. It also reviews and explains the consequences of yuan undervaluation, points out the need for its appreciation, and states the negative effects that stem from this measure. Special attention is given to the problematic bilateral relations between China and the USA and the reasons why Americans are worried about the exchange rate policy that China implements. Although yuan appreciation would decrease the American foreign trade deficit, it also raises the question of further financing of the American deficit. There are also other problems that the possible appreciation would cause for the American economy, due to the effect of J-curve, passthrough, larger costs of input imported from China, etc. Therefore, Chinese foreign exchange policy is an important subject, but it is not the solution to the problems of the global economy - which have deeper roots than that. However, there is no excuse for China implementing unfair exchange rate policies, or replacing such policies with controversial protectionist policies (as some authors have suggested.

EFFECTS OF THE APPLICATION OF TARGETING THE EXCHANGE RATE POLICY IN MACEDONIA

Directory of Open Access Journals (Sweden)

KRUME NIKOLOSKI

2016-02-01

Full Text Available The monetary system and monetary – credit policy in the Republic of Macedonia were built after the country gained independence from the previous federal community, when Macedonia faced problems such as: termination of many plants, increase in unemployment, increase in budget and foreign trade deficit as well as high inflation rate. The macroeconomic stability narrowly understood as reducing the inflation rate, was the first measure of the economic policy, undertaken along with the monetary independence of Macedonia. In a small and open economy, the exchange rate policy has particular importance in the control of the inflation rate and beyond: in the real economic trends. The strategy of targeting the denar exchange rate was accepted and applied with the expectation that it would act in that direction, hence the monetary policy was focused on maintaining fixed exchange rate against the euro. The determination of the country to join the European Union and to become a member of other international financial organizations is yet another reason for choosing this strategy.

Secure File Allocation and Caching in Large-scale Distributed Systems

DEFF Research Database (Denmark)

Di Mauro, Alessio; Mei, Alessandro; Jajodia, Sushil

2012-01-01

In this paper, we present a file allocation and caching scheme that guarantees high assurance, availability, and load balancing in a large-scale distributed file system that can support dynamic updates of authorization policies. The scheme uses fragmentation and replication to store files with hi......-balancing, and reducing delay of read operations. The system offers a trade-off-between performance and security that is dynamically tunable according to the current level of threat. We validate our mechanisms with extensive simulations in an Internet-like network.......In this paper, we present a file allocation and caching scheme that guarantees high assurance, availability, and load balancing in a large-scale distributed file system that can support dynamic updates of authorization policies. The scheme uses fragmentation and replication to store files with high...... security requirements in a system composed of a majority of low-security servers. We develop mechanisms to fragment files, to allocate them into multiple servers, and to cache them as close as possible to their readers while preserving the security requirement of the files, providing load...

Emission projections 2008-2012 versus national allocation plans II

International Nuclear Information System (INIS)

Neuhoff, Karsten; Ferrario, Federico; Grubb, Michael; Gabel, Etienne; Keats, Kim

2006-01-01

We compare the national allocation plans (NAPs), proposed and submitted by EU Member States as of October 2006, with our estimations for CO 2 emissions by the installations covered by these NAPs. The collective allocations proposed under phase II NAPs exceed the historic trend of emissions extrapolated forward. Using our projections we find, depending on uncertainty in fuel prices, economic growth rates, performance of the non-power sector and CDM/JI availability, a 15% chance of a 'dead market' with emissions below cap even at zero prices. With an expected inflow of committed CDM/JI credits of 100 MtCO 2 /year, allowance supply will exceed demand in 50% of cases without any carbon price, and in 80% of our euros20/tCO 2 scenarios. Banking of allowances towards post-2012 conditions could create additional demand, but this is difficult to anticipate and conditional on policy evolution. The proposed phase II NAPs would result in low prices and only small volumes of CDM/JI would enter the EU ETS. CDM/JI would almost exclusively be public-sector funded, placing the cost of Kyoto compliance entirely upon governments. (Author)

An Integrated Hydro-Economic Modelling Framework to Evaluate Water Allocation Strategies I: Model Development.

NARCIS (Netherlands)

George, B.; Malano, H.; Davidson, B.; Hellegers, P.; Bharati, L.; Sylvain, M.

2011-01-01

In this paper an integrated modelling framework for water resources planning and management that can be used to carry out an analysis of alternative policy scenarios for water allocation and use is described. The modelling approach is based on integrating a network allocation model (REALM) and a

Community Preferences for the Allocation & Donation of Organs--the PAraDOx Study.

Science.gov (United States)

Howard, Kirsten; Jan, Stephen; Rose, John; Chadban, Steven; Allen, Richard D M; Irving, Michelle; Tong, Allison; Wong, Germaine; Craig, Jonathan C; Cass, Alan

2011-05-25

providing a better understanding of current community preferences in relation to organ donation and allocation, the PAraDOx study will highlight options for firstly, increasing the rate of organ donation and secondly, allow for more transparent and equitable policies in relation to organ allocation.

Community Preferences for the Allocation &Donation of Organs - The PAraDOx Study

Directory of Open Access Journals (Sweden)

Irving Michelle

2011-05-01

. Trade-offs between attributes will also be calculated. Discussion By providing a better understanding of current community preferences in relation to organ donation and allocation, the PAraDOx study will highlight options for firstly, increasing the rate of organ donation and secondly, allow for more transparent and equitable policies in relation to organ allocation.

New Organ Allocation System for Combined Liver-Kidney Transplants and the Availability of Kidneys for Transplant to Patients with Stage 4-5 CKD.

Science.gov (United States)

Asch, William S; Bia, Margaret J

2017-05-08

A new proposal has been created for establishing medical criteria for organ allocation in recipients receiving simultaneous liver-kidney transplants. In this article, we describe the new policy, elaborate on the points of greatest controversy, and offer a perspective on the policy going forward. Although we applaud the fact that simultaneous liver-kidney transplant activity will now be monitored and appreciate the creation of medical criteria for allocation in simultaneous liver-kidney transplants, we argue that some of the criteria proposed, especially those for allocating a kidney to a liver recipient with AKI, are too liberal. We call on the nephrology community to follow the consequences of this new policy and push for a re-examination of the longstanding policy of allocating kidneys to multiorgan transplant recipients before all other candidates. The charge to protect our system of equitable organ allocation is very challenging, but it is a challenge that we must embrace. Copyright © 2017 by the American Society of Nephrology.

Vehicle technologies, fuel-economy policies, and fuel-consumption rates of Chinese vehicles

International Nuclear Information System (INIS)

Huo Hong; He Kebin; Wang, Michael; Yao Zhiliang

2012-01-01

One of the principal ways to reduce transport-related energy use is to reduce fuel-consumption rates of motor vehicles (usually measured in liters of fuel per 100 km). Since 2004, China has implemented policies to improve vehicle technologies and lower the fuel-consumption rates of individual vehicles. Policy evaluation requires accurate and adequate information on vehicle fuel-consumption rates. However, such information, especially for Chinese vehicles under real-world operating conditions, is rarely available from official sources in China. For each vehicle type we first review the vehicle technologies and fuel-economy policies currently in place in China and their impacts. We then derive real-world (or on-road) fuel-consumption rates on the basis of information collected from various sources. We estimate that the real-world fuel-consumption rates of vehicles in China sold in 2009 are 9 L/100 km for light-duty passenger vehicles, 11.4 L/100 km for light-duty trucks, 22 L/100 km for inter-city transport buses, 40 L/100 km for urban transit buses, and 24.9 L/100 km for heavy-duty trucks. These results aid in understanding the levels of fuel consumption of existing Chinese vehicle fleets and the effectiveness of policies in reducing on-road fuel consumption, which can help in designing and evaluating future vehicle energy-efficiency policies. - Highlights: ► Vehicle fuel-consumption rate (VFCR) data are rarely available in China. ► We review the fuel-economy policies currently in place in China and their impacts. ► We derive real-world VFCRs on the basis of information collected from various sources. ► Results aid in understanding the fuel consumption levels of Chinese vehicle fleets. ► Results help in designing and evaluating future vehicle energy-efficiency policies.

Success in Investing: Integrating Spending Policy into Asset Allocation Strategy.

Science.gov (United States)

Morrell, Louis R.

1996-01-01

Successful college and university investments hinge on an asset allocation strategy capable of meeting the institution's needs for income and growth in principal at the lowest possible risk. Periodic adjustments must be made when there is a shift in the institution's risk tolerance, modification in need for income distribution, and changes in…

76 FR 53377 - Cost Accounting Standards; Allocation of Home Office Expenses to Segments

Science.gov (United States)

2011-08-26

... OFFICE OF MANAGEMENT AND BUDGET Office of Federal Procurement Policy 48 CFR Part 9904 Cost Accounting Standards; Allocation of Home Office Expenses to Segments AGENCY: Office of Management and Budget (OMB), Office of Federal Procurement Policy (OFPP), Cost Accounting Standards Board (Board). ACTION...

Maximizing growth rate at low temperatures: RNA:DNA allocation strategies and life history traits of Arctic and temperate Daphnia

NARCIS (Netherlands)

Van Geest, G.J.; Sachse, R.; Brehm, Michaela; Van Donk, E.; Hessen, D.O.

2010-01-01

Many short-lived or univoltine organisms at high latitudes and altitudes face the challenge to complete their life-cycle within a brief growing season. This means that they need to maintain a high growth rate at low temperatures, and one way of doing this is to allocate limiting resources like

Good breastfeeding policies -- good breastfeeding rates.

Science.gov (United States)

1998-01-01

In Norway, where breast-feeding policies protecting breast-feeding women's needs have been in place since the 1970s, approximately 97% of women breast feed when leaving the hospital, 80% are breast feeding at 3 months, and 20% beyond 12 months. Government family policies play an important role in enabling women to achieve good breast-feeding rates. In Norway: maternity leave is 42 weeks with full pay or 52 weeks with 80% of salary; flexible part-time is available for women from 2 months after giving birth with income supplemented from maternity benefits; after returning to work, women are entitled to 1- to 1.5-hour breaks to return home to breast feed, or to have the child brought to work. "Breast feeding is so normal," writes Hege Jacobson Lepri, "it's more embarrassing to bring out the feeding bottle in public." full text

DYNAMIC OPTIMAL BUDGET ALLOCATION FOR INTEGRATED MARKETING CONSIDERING PERSISTENCE

OpenAIRE

SHIZHONG AI; RONG DU; QIYING HU

2010-01-01

Aiming at forming dynamic optimal integrated marketing policies, we build a budget allocation model considering both current effects and sustained ones. The model includes multiple time periods and multiple marketing tools which interact through a common resource pool as well as through delayed cross influences on each other's sales, reflecting the nature of "integrated marketing" and its dynamics. In our study, marginal analysis is used to illuminate the structure of optimal policy. We deriv...

Predicting service request rates for adaptive resource allocation in SOA

NARCIS (Netherlands)

Serebrenik, A.; Sidorova, N.; Barjis, J.; Kinghorn, J.; Ramaswamy, S.; Dubois, E.; Johannesson, P.

2009-01-01

Service orientation is rapidly becoming the common practice in the IT world. A price one often has to pay for the advantages of service oriented architectures (SOA) is performance deterioration. SOA performance heavily depends on the allocation of computational resources to services. The needs of

The net effect of alternative allocation ratios on recruitment time and trial cost.

Science.gov (United States)

Vozdolska, Ralitza; Sano, Mary; Aisen, Paul; Edland, Steven D

2009-04-01

Increasing the proportion of subjects allocated to the experimental treatment in controlled clinical trials is often advocated as a method of increasing recruitment rates and improving the performance of trials. The presumption is that the higher likelihood of randomization to the experimental treatment will be perceived by potential study enrollees as an added benefit of participation and will increase recruitment rates and speed the completion of trials. However, studies with alternative allocation ratios require a larger sample size to maintain statistical power, which may result in a net increase in time required to complete recruitment and a net increase in total trial cost. To describe the potential net effect of alternative allocation ratios on recruitment time and trial cost. Models of recruitment time and trial cost were developed and used to compare trials with 1:1 allocation to trials with alternative allocation ratios under a range of per subject costs, per day costs, and enrollment rates. In regard to time required to complete recruitment, alternative allocation ratios are net beneficial if the recruitment rate improves by more than about 4% for trials with a 1.5:1 allocation ratio and 12% for trials with a 2:1 allocation ratio. More substantial improvements in recruitment rate, 13 and 47% respectively for scenarios we considered, are required for alternative allocation to be net beneficial in terms of tangible monetary cost. The cost models were developed expressly for trials comparing proportions or means across treatment groups. Using alternative allocation ratio designs to improve recruitment may or may not be time and cost-effective. Using alternative allocation for this purpose should only be considered for trial contexts where there is both clear evidence that the alternative design does improve recruitment rates and the attained time or cost efficiency justifies the added study subject burden implied by a larger sample size.

The dynamics of farm land allocation

DEFF Research Database (Denmark)

Arnberg, Søren; Hansen, Lars Gårn

This study develops a dynamic multi-output model of farmers’ crop allocation decisions that allows estimation of both short-run and long-run adjustments to a wide array of economic incentives. The method can be used to inform decision-makers about a number of issues including agricultural policy...... reform and environmental regulation. The model allows estimation of dynamic effects relating to price expectations adjustment, investment lags and crop rotation constraints. Estimation is based on micro-panel data from Danish farmers that includes acreage, output and variable input utilisation...... at the crop level. Results indicate that there are substantial differences between the shortrun and long-run land allocation behaviour of Danish farmers and that there are substantial differences in the time lags associated with different crops. Since similar farming conditions are found in northern Europe...

Minimum variance optimal rate allocation for multiplexed H.264/AVC bitstreams.

Science.gov (United States)

Tagliasacchi, Marco; Valenzise, Giuseppe; Tubaro, Stefano

2008-07-01

Consider the problem of transmitting multiple video streams to fulfill a constant bandwidth constraint. The available bit budget needs to be distributed across the sequences in order to meet some optimality criteria. For example, one might want to minimize the average distortion or, alternatively, minimize the distortion variance, in order to keep almost constant quality among the encoded sequences. By working in the rho-domain, we propose a low-delay rate allocation scheme that, at each time instant, provides a closed form solution for either the aforementioned problems. We show that minimizing the distortion variance instead of the average distortion leads, for each of the multiplexed sequences, to a coding penalty less than 0.5 dB, in terms of average PSNR. In addition, our analysis provides an explicit relationship between model parameters and this loss. In order to smooth the distortion also along time, we accommodate a shared encoder buffer to compensate for rate fluctuations. Although the proposed scheme is general, and it can be adopted for any video and image coding standard, we provide experimental evidence by transcoding bitstreams encoded using the state-of-the-art H.264/AVC standard. The results of our simulations reveal that is it possible to achieve distortion smoothing both in time and across the sequences, without sacrificing coding efficiency.

Monetary Policy in Small Open Economies: The Role of Exchange Rate Rules

OpenAIRE

Santacreu, Ana Maria

2015-01-01

Understanding the costs and benefits of alternative monetary policy rules is important for economic welfare. Within the context of a small open economy model and building on the work of Mihov and Santacreu (2013), the author analyzes the economic implications of two monetary policy rules. The first is a rule in which the central bank uses the nominal exchange rate as its policy instrument and adjusts the rate whenever there are changes in the economic environment. The second is a standard int...

Interest Rate Policy Of Selected Central Banks In Central And Eastern Europe

Directory of Open Access Journals (Sweden)

GRABIA TOMASZ

2015-03-01

Full Text Available The aim of this article is to present and evaluate interest rate policies of three selected central banks in Central and Eastern Europe (Poland, the Czech Republic, and Hungary from 2001 to 2013. The study consists of an introduction (Section 1 and three main parts. The introduction contains a theoretical description of the role of interest rate policy, the dilemmas connected with it, as well as an analysis of the strategies and goals of monetary policies of the National Bank of Poland (NBP, the Czech National Bank (CzNB, and the National Bank of Hungary (NBH in the context of existing legal and institutional conditions. In turn, the first empirical part (Section 2 examines how the analysed central banks responded to changes in inflation, unemployment, and economic growth rates. The tools of the analysis are the nominal and real interest rates of those banks. The subsequent research part (Section 3 attempts to evaluate the degree of the contractionary nature of interest rate policies in specific countries in the context of the Taylor rule. The text ends with a summary (Section 4 encompassing concise conclusions drawn from the earlier analyses.

The impact of monetary policy on bank lending rate in South Africa

Directory of Open Access Journals (Sweden)

B.T. Matemilola

2015-03-01

Full Text Available The pass-through of the policy rates to bank lending rate is an important subject matter because it measures the effectiveness of monetary policy to control inflation or stabilize the economy. This study investigates the long-run interest rate pass-through of the money market rate to the bank lending rate and asymmetric adjustment of the bank lending rate. The study applies the momentum threshold autoregressive and asymmetric error correction models. The asymmetric error correction results reveal that bank lending rate adjusts to a decrease in the money market rate in South Africa. The findings suggest that the South African commercial banks adjust their lending rate downward but the lending rate appears rigid upward, which supports the customer reaction hypothesis.

Reconceptualizing perceptual load as a rate problem: The role of time in the allocation of selective attention.

Science.gov (United States)

Li, Zhi; Xin, Keyun; Li, Wei; Li, Yanzhe

2018-04-30

In the literature about allocation of selective attention, a widely studied question is when will attention be allocated to information that is clearly irrelevant to the task at hand. The present study, by using convergent evidence, demonstrated that there is a trade-off between quantity of information present in a display and the time allowed to process it. Specifically, whether or not there is interference from irrelevant distractors depends not only on the amount of information present, but also on the amount of time allowed to process that information. When processing time is calibrated to the amount of information present, irrelevant distractors can be selectively ignored successfully. These results suggest that the perceptual load in the load theory of selective attention (i.e., Lavie, 2005) should be thought about as a dynamic rate problem rather than a static capacity limitation. The authors thus propose that rather than conceiving of perceptual load as a quantity of information, they should consider it as a quantity of information per unit of time. In other words, it is the relationship between the quantity of information in the task and the time for processing the information that determines the allocation of selective attention. Thus, the present findings extended load theory, allowing it to explain findings that were previously considered as counter evidence of load theory. (PsycINFO Database Record (c) 2018 APA, all rights reserved).

Environmental performances of coproducts. Application of Claiming-Based Allocation models to straw and vetiver biorefineries in an Indian context.

Science.gov (United States)

Gnansounou, Edgard; Raman, Jegannathan Kenthorai

2018-04-24

Among the renewables, non-food and wastelands based biofuels are essential for the transport sector to achieve country's climate mitigation targets. With the growing interest in biorefineries, setting policy requirements for other coproducts along with biofuels is necessary to improve the products portfolio of biorefinery, increase the bioproducts perception by the consumers and push the technology forward. Towards this context, Claiming-Based allocation models were used in comparative life cycle assessment of multiple products from wheat straw biorefinery and vetiver biorefinery. Vetiver biorefinery shows promising Greenhouse gas emission savings (181-213%) compared to the common crop based lignocellulose (wheat straw) biorefinery. Assistance of Claiming-Based Allocation models favors to find out the affordable allocation limit (0-80%) among the coproducts in order to achieve the individual prospective policy targets. Such models show promising application in multiproduct life cycle assessment studies where appropriate allocation is challenging to achieve the individual products emission subject to policy targets. Copyright © 2018 Elsevier Ltd. All rights reserved.

Exploring Fiscal Policy at Zero Interest Rates in Intermediate Macroeconomics

Science.gov (United States)

Ramamurthy, Srikanth; Sedgley, Norman

2013-01-01

Since the financial meltdown of 2007, advanced macroeconomic theory has delved more deeply into the question of the appropriate fiscal policy when the nominal interest rate is close to or at zero percent. Such analysis is typically conducted with the aid of New Keynesian Dynamic Stochastic General Equilibrium models. The policy implications are,…

Adjustment to Monetary Policy and Devaluation Under Two-Tier and Fixed Exchange Rate Regimes

OpenAIRE

Joshua Aizenman

1983-01-01

The purpose of this paper is to determine whether a two-tier exchange rate regime is more effective than a fixed rate regime in increasing acountry's ability to pursue an independent monetary policy in the short run.The analysis compares adjustment to a monetary policy and to a devaluation in the two exchange rate regimes in a portfolio model under imperfect asset substitutability. It is shown that the two policies have in the short run larger effects on interest rates under a two-tier regime...

Appropriateness of Dropout Layers and Allocation of Their 0.5 Rates across Convolutional Neural Networks for CIFAR-10, EEACL26, and NORB Datasets

OpenAIRE

Romanuke Vadim V.

2017-01-01

A technique of DropOut for preventing overfitting of convolutional neural networks for image classification is considered in the paper. The goal is to find a rule of rationally allocating DropOut layers of 0.5 rate to maximise performance. To achieve the goal, two common network architectures are used having either 4 or 5 convolutional layers. Benchmarking is fulfilled with CIFAR-10, EEACL26, and NORB datasets. Initially, series of all admissible versions for allocation of DropOut layers are ...

Optimal conservation resource allocation under variable economic and ecological time discounting rates in boreal forest

DEFF Research Database (Denmark)

Mazziotta, Adriano; Montesino Pouzols, Federico; Mönkkönen, Mikko

2016-01-01

Resource allocation to multiple alternative conservation actions is a complex task. A common trade-off occurs between protection of smaller, expensive, high-quality areas versus larger, cheaper, partially degraded areas. We investigate optimal allocation into three actions in boreal forest: current......, and accounting for present revenues from timber harvesting. The present analysis assesses the cost-effective conditions to allocate resources into an inexpensive conservation strategy that nevertheless has potential to produce high ecological values in the future....

Resource allocation via sum-rate maximization in the uplink of multi-cell OFDMA networks

KAUST Repository

Tabassum, Hina

2012-10-03

In this paper, we consider maximizing the sum rate in the uplink of a multi-cell orthogonal frequency-division multiple access network. The problem has a non-convex combinatorial structure and is known to be NP-hard. Because of the inherent complexity of implementing the optimal solution, firstly, we derive an upper bound (UB) and a lower bound (LB) to the optimal average network throughput. Moreover, we investigate the performance of a near-optimal single cell resource allocation scheme in the presence of inter-cell interference, which leads to another easily computable LB. We then develop a centralized sub-optimal scheme that is composed of a geometric programming-based power control phase in conjunction with an iterative subcarrier allocation phase. Although the scheme is computationally complex, it provides an effective benchmark for low complexity schemes even without the power control phase. Finally, we propose less complex centralized and distributed schemes that are well suited for practical scenarios. The computational complexity of all schemes is analyzed, and the performance is compared through simulations. Simulation results demonstrate that the proposed low complexity schemes can achieve comparable performance with that of the centralized sub-optimal scheme in various scenarios. Moreover, comparisons with the UB and LB provide insight on the performance gap between the proposed schemes and the optimal solution. Copyright © 2011 John Wiley & Sons, Ltd.

Exchange Rate Policy of Bangladesh: Not Floating Does Not Mean Sinking

OpenAIRE

Dr Mirza Azizul Islam

2003-01-01

The paper analyses the current exchange rate policy of Bangladesh under various criteria and then assesses the feasibility of a floating rate regime under these various criteria. It looks at factors such as the involvement with international capital markets, share of trade with the country/countries with which the currency is pegged, and nature of shocks facing the economy, the willingness and feasibility of giving up control of its monetary policy and the level of international foreign curre...

Linkage of Credit on BI Rate, Funds Rate, Inflation and Government Spending on Capital

Directory of Open Access Journals (Sweden)

Mangasa Augustinus Sipahutar

2017-03-01

Full Text Available Linkage of credit on BI rate, funds rate, inflation, and government spending on capital provides evidence from Indonesia.  This paper found advance explanation about banks credit as monetary transmission channel and its role on Indonesian economy.  We used credit depth as a ratio of banks credit to GDP nominal, to explain the role of credit in Indonesian economy.  We developed a VAR model to measure the response of credit to BI rate, funds rate and inflation rate, and OLS method to find out how banks credit response to government spending on capital. This paper revealed bi-direction causality between credit and BI rate, credit and funds rate, and credit and inflation.  There is trade-off between credit and BI rate, credit and funds rate, and credit and inflation, but government spending on capital promotes credit depth.  We found that Indonesian banking is bank view, allocated their credit based on their performance, not merely on the monetary policy determined by central bank.  For bank view perspectives, we analyzed the link between LDR as an indicator of credit channel mechanism to NPLs and CAR.  We found that there is no significant effect of CAR to LDR, but has a strong negatively relationship between NPLs to LDR.  This evidence indicates that commercial banks in Indonesia allocated their credit do not related to their capital but merely to the quality of their credit portfolio.

Matching today's allocation of LDC expenses with cost causation

International Nuclear Information System (INIS)

Yankel, A.J.

1990-01-01

This article discusses the costs of natural gas distribution and how to integrate these costs into the allocation of local distribution companies expenses for the purpose of establishing rate structures. The author's contention is that costs related to throughput are a larger share than historically used allocation factors suggest. Topics include the historical allocation factors, a case study and the conclusions drawn from it

THE SECULAR INFLUENCE OF THE RATE OF REFERENCE ON THE ECONOMIC POLICIES

Directory of Open Access Journals (Sweden)

Emilian M.DOBRESCU

2005-12-01

Full Text Available Having as starting point Radu Stoenescu’s book with respect to discount, and the difficulty in defining discount, we pursue to clarify this category and other associated ones, such as reference rate, discount rate, re-discount and its rate, in a historical and actual approach. The purpose is to demonstrate that the monetary policy about discount influences the economic policies and that is why it must be altered and guided in accordance with the changes of current economic-financial activity.

THE SECULAR INFLUENCE OF THE RATE OF REFERENCE ON THE ECONOMIC POLICIES

OpenAIRE

Emilian M.DOBRESCU

2005-01-01

Having as starting point Radu Stoenescu’s book with respect to discount, and the difficulty in defining discount, we pursue to clarify this category and other associated ones, such as reference rate, discount rate, re-discount and its rate, in a historical and actual approach. The purpose is to demonstrate that the monetary policy about discount influences the economic policies and that is why it must be altered and guided in accordance with the changes of current economic-financial activity.

Impact of Macroeconomic Policies on Poverty and Unemployment Rates in Nigeria, Implications for Attaining Inclusive Growth

Directory of Open Access Journals (Sweden)

Philip Nwosa

2016-04-01

Full Text Available This paper examined the effect of macroeconomic policies on unemployment and poverty rates in Nigeria from 1980 to 2013 with implication to achieving inclusive growth. The inability of macroeconomic policies in addressing the rising issues unemployment and poverty rates in Nigeria despite the impressive economic growth experience over the last decades has increasingly called for the need for the pursuance of inclusive growth to address the social issues of unemployment and poverty rate. Previous studies have not considered the extent to which macroeconomic policies affects unemployment and poverty rate in Nigeria, and the implication of this relationship to the attainment of inclusive growth in Nigeria. The study adopts the Ordinary Least Square (OLS technique. The study observed that among macroeconomic policy variables only exchange rate significantly influenced unemployment rate while only fiscal policy significantly influenced and poverty rate. This implies that present macroeconomic policies in Nigeria do not guarantee the attainment of inclusive growth in Nigeria. The contribution of the paper is that to achieve inclusive growth that guarantees high employment and reduced poverty rate, there is the need for a re-examination of macroeconomic policy management in Nigeria.

Decentralizing constrained-efficient allocations in the Lagos–Wright pure currency economy

OpenAIRE

Bajaj, Ayushi; Hu, Tai Wei; Rocheteau, Guillaume; Silva, Mario Rafael

2017-01-01

This paper offers two ways to decentralize the constrained-efficient allocation of the Lagos–Wright (2005) pure currency economy. The first way has divisible money, take-it-or-leave-it offers by buyers, and a transfer scheme financed by money creation. If agents are sufficiently patient, the first best is achieved for finite money growth rates. If agents are impatient, the equilibrium allocation approaches the constrained-efficient allocation asymptotically as the money growth rate tends to i...

Cognitive radio resource allocation based on coupled chaotic genetic algorithm

International Nuclear Information System (INIS)

Zu Yun-Xiao; Zhou Jie; Zeng Chang-Chang

2010-01-01

A coupled chaotic genetic algorithm for cognitive radio resource allocation which is based on genetic algorithm and coupled Logistic map is proposed. A fitness function for cognitive radio resource allocation is provided. Simulations are conducted for cognitive radio resource allocation by using the coupled chaotic genetic algorithm, simple genetic algorithm and dynamic allocation algorithm respectively. The simulation results show that, compared with simple genetic and dynamic allocation algorithm, coupled chaotic genetic algorithm reduces the total transmission power and bit error rate in cognitive radio system, and has faster convergence speed

Intrahousehold bargaining and resource allocation in developing countries

OpenAIRE

Doss, Cheryl

2013-01-01

Many key development outcomes depend on women's ability to negotiate favorable intrahousehold allocations of resources. Yet it has been difficult to clearly identify which policies can increase women's bargaining power and result in better outcomes. This paper reviews both the analytical frameworks and the empirical evidence on the importance of women's bargaining power. It argues that the...

Asymmetric learning by doing and dynamically efficient policy: implications for domestic and international emissions permit trading of allocating permits usefully

International Nuclear Information System (INIS)

Read, Peter

2000-01-01

Learning by doing leads to cost reductions as suppliers move down the 'experience curve'. This results in a beneficial supply side inter-temporal externality that, for dynamic efficiency, requires a higher incentive for abatement innovations than the penalty on emissions. This effect can be achieved by a dedicated emissions tax or by a proportionate abatement obligation or by allocating permits usefully. The latter arrangement is compatible with the effective cap on emissions that is secured by an emissions trading scheme. Each of the three possibilities results in a reduced loss of international competitivity in policy-committed regions, in less 'leakage, and in more technology transfer. Implications for trading in emissions permits and in project-related credits are discussed. (Author)

The strategic labor allocation proces : a model of strategic HRM

NARCIS (Netherlands)

Bax, Erik H.

2002-01-01

In this article the Strategic Labor Allocation Process model (SLAP) is described. The model relates HR-strategies to structure, culture and task technology to HR-policies like recruitment, appraisal and rewarding, to business strategy and to socio-cultural, economic, institutional and technological

Experimental Demonstration of Mixed Formats and Bit Rates Signal Allocation for Spectrum-flexible Optical Networking

DEFF Research Database (Denmark)

Borkowski, Robert; Karinou, Fotini; Angelou, Marianna

2012-01-01

We report on an extensive experimental study for adaptive allocation of 16-QAM and QPSK signals inside spectrum flexible heterogeneous superchannel. Physical-layer performance parameters are extracted for use in resource allocation mechanisms of future flexible networks....

Sex allocation predicts mating rate in a simultaneous hermaphrodite

OpenAIRE

Janicke, Tim; Schärer, Lukas

2009-01-01

Sexual selection theory for separate-sexed animals predicts that the sexes differ in the benefit they can obtain from multiple mating. Conventional sex roles assume that the relationship between the number of mates and the fitness of an individual is steeper in males compared with females. Under these conditions, males are expected to be more eager to mate, whereas females are expected to be choosier. Here we hypothesize that the sex allocation, i.e. the reproductive investment devoted to the...

S4HARA: System for HIV/AIDS resource allocation.

Science.gov (United States)

Lasry, Arielle; Carter, Michael W; Zaric, Gregory S

2008-03-26

HIV/AIDS resource allocation decisions are influenced by political, social, ethical and other factors that are difficult to quantify. Consequently, quantitative models of HIV/AIDS resource allocation have had limited impact on actual spending decisions. We propose a decision-support System for HIV/AIDS Resource Allocation (S4HARA) that takes into consideration both principles of efficient resource allocation and the role of non-quantifiable influences on the decision-making process for resource allocation. S4HARA is a four-step spreadsheet-based model. The first step serves to identify the factors currently influencing HIV/AIDS allocation decisions. The second step consists of prioritizing HIV/AIDS interventions. The third step involves allocating the budget to the HIV/AIDS interventions using a rational approach. Decision-makers can select from several rational models of resource allocation depending on availability of data and level of complexity. The last step combines the results of the first and third steps to highlight the influencing factors that act as barriers or facilitators to the results suggested by the rational resource allocation approach. Actionable recommendations are then made to improve the allocation. We illustrate S4HARA in the context of a primary healthcare clinic in South Africa. The clinic offers six types of HIV/AIDS interventions and spends US$750,000 annually on these programs. Current allocation decisions are influenced by donors, NGOs and the government as well as by ethical and religious factors. Without additional funding, an optimal allocation of the total budget suggests that the portion allotted to condom distribution be increased from 1% to 15% and the portion allotted to prevention and treatment of opportunistic infections be increased from 43% to 71%, while allocation to other interventions should decrease. Condom uptake at the clinic should be increased by changing the condom distribution policy from a pull system to a push

Joint Power Allocation for Multicast Systems with Physical-Layer Network Coding

Directory of Open Access Journals (Sweden)

Zhu Wei-Ping

2010-01-01

Full Text Available This paper addresses the joint power allocation issue in physical-layer network coding (PLNC of multicast systems with two sources and two destinations communicating via a large number of distributed relays. By maximizing the achievable system rate, a constrained optimization problem is first formulated to jointly allocate powers for the source and relay terminals. Due to the nonconvex nature of the cost function, an iterative algorithm with guaranteed convergence is developed to solve the joint power allocation problem. As an alternative, an upper bound of the achievable rate is also derived to modify the original cost function in order to obtain a convex optimization solution. This approximation is shown to be asymptotically optimal in the sense of maximizing the achievable rate. It is confirmed through Monte Carlo simulations that the proposed joint power allocation schemes are superior to the existing schemes in terms of achievable rate and cumulative distribution function (CDF.

Zinc allocation and re-allocation in rice

Science.gov (United States)

Stomph, Tjeerd Jan; Jiang, Wen; Van Der Putten, Peter E. L.; Struik, Paul C.

2014-01-01

Aims: Agronomy and breeding actively search for options to enhance cereal grain Zn density. Quantifying internal (re-)allocation of Zn as affected by soil and crop management or genotype is crucial. We present experiments supporting the development of a conceptual model of whole plant Zn allocation and re-allocation in rice. Methods: Two solution culture experiments using 70Zn applications at different times during crop development and an experiment on within-grain distribution of Zn are reported. In addition, results from two earlier published experiments are re-analyzed and re-interpreted. Results: A budget analysis showed that plant zinc accumulation during grain filling was larger than zinc allocation to the grains. Isotope data showed that zinc taken up during grain filling was only partly transported directly to the grains and partly allocated to the leaves. Zinc taken up during grain filling and allocated to the leaves replaced zinc re-allocated from leaves to grains. Within the grains, no major transport barrier was observed between vascular tissue and endosperm. At low tissue Zn concentrations, rice plants maintained concentrations of about 20 mg Zn kg−1 dry matter in leaf blades and reproductive tissues, but let Zn concentrations in stems, sheath, and roots drop below this level. When plant zinc concentrations increased, Zn levels in leaf blades and reproductive tissues only showed a moderate increase while Zn levels in stems, roots, and sheaths increased much more and in that order. Conclusions: In rice, the major barrier to enhanced zinc allocation towards grains is between stem and reproductive tissues. Enhancing root to shoot transfer will not contribute proportionally to grain zinc enhancement. PMID:24478788

Allocation Anatomy: How District Policies That Deploy Resources Can Support (or Undermine) District Reform Strategies

Science.gov (United States)

Roza, Marguerite

2008-01-01

The goal of this paper is to explore the effects of micro-budgeting decisions and show how they might support or hamper district reform strategies. The study draws on public and private sector resource allocation literature to identify key elements of resource allocation decisions. These elements are used to highlight different allocation…

A Multistep, Consensus-Based Approach to Organ Allocation in Liver Transplantation: Toward a "Blended Principle Model".

Science.gov (United States)

Cillo, U; Burra, P; Mazzaferro, V; Belli, L; Pinna, A D; Spada, M; Nanni Costa, A; Toniutto, P

2015-10-01

Since Italian liver allocation policy was last revised (in 2012), relevant critical issues and conceptual advances have emerged, calling for significant improvements. We report the results of a national consensus conference process, promoted by the Italian College of Liver Transplant Surgeons (for the Italian Society for Organ Transplantation) and the Italian Association for the Study of the Liver, to review the best indicators for orienting organ allocation policies based on principles of urgency, utility, and transplant benefit in the light of current scientific evidence. MELD exceptions and hepatocellular carcinoma were analyzed to construct a transplantation priority algorithm, given the inequity of a purely MELD-based system for governing organ allocation. Working groups of transplant surgeons and hepatologists prepared a list of statements for each topic, scoring their quality of evidence and strength of recommendation using the Centers for Disease Control grading system. A jury of Italian transplant surgeons, hepatologists, intensivists, infectious disease specialists, epidemiologists, representatives of patients' associations and organ-sharing organizations, transplant coordinators, and ethicists voted on and validated the proposed statements. After carefully reviewing the statements, a critical proposal for revising Italy's current liver allocation policy was prepared jointly by transplant surgeons and hepatologists. © Copyright 2015 The American Society of Transplantation and the American Society of Transplant Surgeons.

Adolescence, Attention Allocation, and Driving Safety

Science.gov (United States)

Romer, Daniel; Lee, Yi-Ching; McDonald, Catherine C.; Winston, Flaura K.

2014-01-01

Motor vehicle crashes are the leading source of morbidity and mortality in adolescents in the United States and the developed world. Inadequate allocation of attention to the driving task and to driving hazards are important sources of adolescent crashes. We review major explanations for these attention failures with particular focus on the roles that brain immaturity and lack of driving experience play in causing attention problems. The review suggests that the potential for overcoming inexperience and immaturity with training to improve attention to both the driving task and hazards is substantial. Nevertheless, there are large individual differences in both attentional abilities and risky driving tendencies that pose challenges to novice driver policies. Research that can provide evidence-based direction for such policies is urgently needed. PMID:24759442

Effect of exchange rate policy on GDP and GDP components: The Kyrgyz Republic Case

OpenAIRE

Fuat SEKMEN; Nurbek MADMAROV

2018-01-01

The choice of exchange rate regimes in the countries to take advantage of stabilization policies was quite difficult. After the breakdown of the USSR, the KR among the former member countries in the Central Asia was the first to introduce its national currency on 10th of May 1993. After that time, it has done several adjustments in the exchange rate policy to preserve the value of the som from external shocks. In the study, the effectiveness of the exchange rate policy on GDP a...

Resource allocation and budgetary mechanisms for decentralized health systems: experiences from Balochistan, Pakistan.

OpenAIRE

Green, A.; Ali, B.; Naeem, A.; Ross, D.

2000-01-01

This paper identifies key political and technical issues involved in the development of an appropriate resource allocation and budgetary system for the public health sector, using experience gained in the Province of Balochistan, Pakistan. The resource allocation and budgetary system is a critical, yet often neglected, component of any decentralization policy. Current systems are often based on historical incrementalism that is neither efficient nor equitable. This article describes technical...

Fiscal Policy and Welfare under Different Exchange Rate Regimes

DEFF Research Database (Denmark)

Østrup, Finn

a representativeindividual's utility, it is demonstrated that there are differences betweenexchange rate regimes with respect to the level of government spending. Thesedifferences arise first because a rise in government spending affects macroeconomicvariables differently under different exchange rate regimes......, and secondbecause the government's inclination to expand government spending is affectedby inflation which depends on the exchange rate regime. At low rates of inflation,the government is inclined to set a higher level of government spending under afixed exchange rate regime than under a floating exchange rate...... regime in whichthe monetary authority optimises preferences which include an employment targetand an inflation target. As government spending affects the representativeindividual's utility, the choice of exchange rate regime has an impact on welfare.Keywords: exchange rate regimes; fiscal policy...

Optimal Monetary Policy and Exchange Rate in a Small Open Economy with Unemployment

Directory of Open Access Journals (Sweden)

Hyuk-Jae Rhee

2014-09-01

Full Text Available In this paper, we consider a small open economy under the New Keynesian model with unemployment of Gali (2011a, b to discuss the design of the monetary policy. Our findings can be summarized in three parts. First, even with the existence of unemployment, the optimal policy is to minimize variance of domestic price inflation, wage inflation, and the output gap when both domestic price and wage are sticky. Second, stabilizing unemployment rate is important in reducing the welfare loss incurred by both technology and labor supply shocks. Therefore, introducing the unemployment rate as an another argument into the Taylor-rule type interest rate rule will be welfare-enhancing. Lastly, controlling CPI inflation is the best option when the policy is not allowed to respond to unemployment rate. Once the unemployment rate is controlled, however, stabilizing power of CPI inflation-based Taylor rule is diminished.

Effects of the application of targeting the exchange rate policy in Macedonia

OpenAIRE

Nikoloski, Krume; Paceskoski, Vlatko; Panova, Sanja

2016-01-01

The monetary system and monetary – credit policy in the Republic of Macedonia were built after the country gained independence from the previous federal community, when Macedonia faced problems such as: termination of many plants, increase in unemployment, increase in budget and foreign trade deficit as well as high inflation rate. The macroeconomic stability narrowly understood as reducing the inflation rate, was the first measure of the economic policy, undertaken along with the monetary in...

The Voucher System as an Alternative for Allocating Sports Grants

Directory of Open Access Journals (Sweden)

Marek Pavlik

2014-12-01

Full Text Available Sport funding at the municipal level has a long tradition, especially in Europe. Youth involvement in sport is usually an important aspect of grant policies. There are questions regarding how to allocate public resources more efficiently and how to increase youth participation in sport. We analyse sport vouchers as a tool for increasing transparency and efficiency as well as the involvement of young people and their parents in sport policy at the local level.Vouchers typically transfer purchasing power directly to the target group. Using sport vouchers as a tool for allocating public resources is still quite rare. Some attempts with sport vouchers were made in Australia and the UK, and there are examples of sport vouchers in the Czech Republic.The aim of this paper is to discuss the advantages of vouchers as an alternative method of sport funding at the municipal level. We also formulate recommendations for implementing a voucher system.

A Ten-Year Rule to guide the allocation of EU emission allowances

International Nuclear Information System (INIS)

Ahman, Markus; Burtraw, Dallas; Kruger, Joseph; Zetterberg, Lars

2007-01-01

Member States in the European Union (EU) are responsible for National Allocation Plans governing the initial distribution of emission allowances in the CO 2 Emission Trading System, including rules governing allocations to installations that close and to new entrants. The European Commission has provided guidelines to discourage the use of allocation methodologies that provide incentives affecting firms' compliance behavior, for example by rewarding one type of compliance investment over another. We find that the treatment of closures and new entrants by Member States is inconsistent with the general guidelines provided by the EU. We propose stronger EU guidance regarding closures and new entrants, a more precise compensation criterion on which to justify free allocations, and a Ten-Year Rule as a component of future EU policy that can guide a transition from current practice to an approach that places greater weight on efficiency

The Voucher System as an Alternative for Allocating Sports Grants

OpenAIRE

Marek Pavlik; Michiel S. de Vries

2014-01-01

Sport funding at the municipal level has a long tradition, especially in Europe. Youth involvement in sport is usually an important aspect of grant policies. There are questions regarding how to allocate public resources more efficiently and how to increase youth participation in sport. We analyse sport vouchers as a tool for increasing transparency and efficiency as well as the involvement of young people and their parents in sport policy at the local level.Vouchers typically transfer purcha...

Smart LED allocation scheme for efficient multiuser visible light communication networks.

Science.gov (United States)

Sewaiwar, Atul; Tiwari, Samrat Vikramaditya; Chung, Yeon Ho

2015-05-18

In a multiuser bidirectional visible light communication (VLC), a large number of LEDs or an LED array needs to be allocated in an efficient manner to ensure sustainable data rate and link quality. Moreover, in order to support an increasing or decreasing number of users in the network, the LED allocation is required to be performed dynamically. In this paper, a novel smart LED allocation scheme for efficient multiuser VLC networks is presented. The proposed scheme allocates RGB LEDs to multiple users in a dynamic and efficient fashion, while satisfying illumination requirements in an indoor environment. The smart LED array comprised of RGB LEDs is divided into sectors according to the location of the users. The allocated sectors then provide optical power concentration toward the users for efficient and reliable data transmission. An algorithm for the dynamic allocation of the LEDs is also presented. To verify its effective resource allocation feature of the proposed scheme, simulations were performed. It is found that the proposed smart LED allocation scheme provides the effect of optical beamforming toward individual users, thereby increasing the collective power concentration of the optical signals on the desirable users and resulting in significantly increased data rate, while ensuring sufficient illumination in a multiuser VLC environment.

A Web-based graphical user interface for evidence-based decision making for health care allocations in rural areas

Science.gov (United States)

Schuurman, Nadine; Leight, Margo; Berube, Myriam

2008-01-01

Background The creation of successful health policy and location of resources increasingly relies on evidence-based decision-making. The development of intuitive, accessible tools to analyse, display and disseminate spatial data potentially provides the basis for sound policy and resource allocation decisions. As health services are rationalized, the development of tools such graphical user interfaces (GUIs) is especially valuable at they assist decision makers in allocating resources such that the maximum number of people are served. GIS can used to develop GUIs that enable spatial decision making. Results We have created a Web-based GUI (wGUI) to assist health policy makers and administrators in the Canadian province of British Columbia make well-informed decisions about the location and allocation of time-sensitive service capacities in rural regions of the province. This tool integrates datasets for existing hospitals and services, regional populations and road networks to allow users to ascertain the percentage of population in any given service catchment who are served by a specific health service, or baskets of linked services. The wGUI allows policy makers to map trauma and obstetric services against rural populations within pre-specified travel distances, illustrating service capacity by region. Conclusion The wGUI can be used by health policy makers and administrators with little or no formal GIS training to visualize multiple health resource allocation scenarios. The GUI is poised to become a critical decision-making tool especially as evidence is increasingly required for distribution of health services. PMID:18793428

Exchange-rate policy in eastern Europe and EU integration

Directory of Open Access Journals (Sweden)

Jozef M. Van Brabant

2001-09-01

Full Text Available The paper examines potential conflicts between rapid EU integration of economies in transition (EiTs and their pursuing catch-up by focusing on exchange-rate policies. After justifying the proposed inquiry, official pronouncements on ER policies that EUcandidates are expected to pursue in the run-up to and upon their accession are summarized, and the salient features of recent debates on ER regimes recalled. Inasmuch as EiTs must modernize and reconcile this obligation with EU membership, in spite of the EU's cohesion experience, the paper combines real and nominal convergence issues with institutional changes upon EU accession to draw a novel perspective on the desirable postaccession transition regime for EiTs with a fairly active ER policy and the EU's cohesion strategy. Core components of such a strategy are advocated.

S4HARA: System for HIV/AIDS resource allocation

Directory of Open Access Journals (Sweden)

Carter Michael W

2008-03-01

changing the condom distribution policy from a pull system to a push system. NGOs and donors promoting antiretroviral programs at the clinic should be sensitized to the results of the model and urged to invest in wellness programs aimed at the prevention and treatment of opportunistic infections. S4HARA differentiates itself from other decision support tools by providing rational HIV/AIDS resource allocation capabilities as well as consideration of the realities facing authorities in their decision-making process.

Allocation of Students in Public Schools: Theory and New Evidence

Science.gov (United States)

Cohen-Zada, Danny; Gradstein, Mark; Reuven, Ehud

2013-01-01

The allocation of educational resources to students of different socio-economic backgrounds has important policy implications since it affects individual educational outcomes as well as the future distribution of human capital. In this paper, we present a theoretical model showing that local school administrators have an incentive to allocate…

Draft regulatory analysis: notice of proposed rulemaking motor gasoline allocation revisions

Energy Technology Data Exchange (ETDEWEB)

None

1980-06-01

The Draft Regulatory Analysis is prepared for those proposed regulations which either may have a major impact on the general economy, individual industries, or geographic regions and levels of government, or may be significant in that they affect important DOE policy concerns and are the object of public interest. The problems and proposed solutions for the Notice of Proposed Rulemaking and Public Hearings on the Motor Gasoline Allocation Program are examined. The ERA's mandate for this program is set out in the Emergency Petroleum Allocation Act of 1973. Under this Act, the President is empowered to enforce, at his discretion, price and allocation controls on petroleum and petroleum products, including gasoline, through September 30, 1981. The Act sets the following allocation goals: protect public health; maintain public services and agricultural operations; foster competition in the petroleum industry; distribute petroleum among industry sectors and US regions equitably; and minimize economic disruption and unnecessary interference wth market mechanisms.

48 CFR 9904.403 - Allocation of home office expenses to segments.

Science.gov (United States)

2010-10-01

... expenses to segments. 9904.403 Section 9904.403 Federal Acquisition Regulations System COST ACCOUNTING STANDARDS BOARD, OFFICE OF FEDERAL PROCUREMENT POLICY, OFFICE OF MANAGEMENT AND BUDGET PROCUREMENT PRACTICES AND COST ACCOUNTING STANDARDS COST ACCOUNTING STANDARDS 9904.403 Allocation of home office expenses to...

Variable phosphorus uptake rates and allocation across microbial groups in the oligotrophic Gulf of Mexico.

Science.gov (United States)

Popendorf, Kimberly J; Duhamel, Solange

2015-10-01

Microbial uptake of dissolved phosphorus (P) is an important lever in controlling both microbial production and the fate and cycling of marine P. We investigated the relative role of heterotrophic bacteria and phytoplankton in P cycling by measuring the P uptake rates of individual microbial groups (heterotrophic bacteria and the phytoplankton groups Synechococcus, Prochlorococcus and picoeukaryotic phytoplankton) in the P-depleted Gulf of Mexico. Phosphorus uptake rates were measured using incubations with radiolabelled phosphate and adenosine triphosphate coupled with cell sorting flow cytometry. We found that heterotrophic bacteria were the dominant consumers of P on both a biomass basis and a population basis. Biovolume normalized heterotrophic bacteria P uptake rate per cell (amol P μm(-3) h(-1)) was roughly an order of magnitude greater than phytoplankton uptake rates, and heterotrophic bacteria were responsible for generally greater than 50% of total picoplankton P uptake. We hypothesized that this variation in uptake rates reflects variation in cellular P allocation strategies, and found that, indeed, the fraction of cellular P uptake utilized for phospholipid production was significantly higher in heterotrophic bacteria compared with cyanobacterial phytoplankton. These findings indicate that heterotrophic bacteria have a uniquely P-oriented physiology and play a dominant role in cycling dissolved P. © 2015 Society for Applied Microbiology and John Wiley & Sons Ltd.

The Impact of Tobacco-Free School Policies on Youth Smoking Rates in Florida Public School Districts.

Science.gov (United States)

Terry, Amanda; Zhang, Ning Jackie

2016-02-01

Developing and implementing policies to curb and prevent youth tobacco use is of the utmost importance. In Florida, public school districts were authorized to develop tobacco-free school policies through an amendment to the Florida Clean Indoor Air Act in 2011. The purpose of this study is to determine the impact of tobacco-free school policies on smoking rates among youth in Florida. Analysis of covariance (ANCOVA) and a multiple regression analysis were used to determine whether the comprehensiveness and enforcement of tobacco-free school policies affect the youth smoking rates within Florida public school districts. The 2010 and 2014 youth smoking rates were calculated based on the Florida Youth Tobacco Survey results. The 2010 youth smoking rate and the inclusion of the enforcement component with provision of cessation resources were statistically significant predictors of the 2014 youth smoking rate. However, the comprehensiveness level of a policy and the inclusion of an enforcement component were not statistically significant predictors. The inclusion of an enforcement component with provision of cessation resources is important in efforts to reduce youth smoking rates. The content of the tobacco-free school policies seems to be less relevant to their effectiveness than the enforcement of the policies. © 2016, American School Health Association.

Reliability-oriented multi-resource allocation in a stochastic-flow network

International Nuclear Information System (INIS)

Hsieh, C.-C.; Lin, M.-H.

2003-01-01

A stochastic-flow network consists of a set of nodes, including source nodes which supply various resources and sink nodes at which resource demands take place, and a collection of arcs whose capacities have multiple operational states. The network reliability of such a stochastic-flow network is the probability that resources can be successfully transmitted from source nodes through multi-capacitated arcs to sink nodes. Although the evaluation schemes of network reliability in stochastic-flow networks have been extensively studied in the literature, how to allocate various resources at source nodes in a reliable means remains unanswered. In this study, a resource allocation problem in a stochastic-flow network is formulated that aims to determine the optimal resource allocation policy at source nodes subject to given resource demands at sink nodes such that the network reliability of the stochastic-flow network is maximized, and an algorithm for computing the optimal resource allocation is proposed that incorporates the principle of minimal path vectors. A numerical example is given to illustrate the proposed algorithm

Research on allocation efficiency of the daisy chain allocation algorithm

Science.gov (United States)

Shi, Jingping; Zhang, Weiguo

2013-03-01

With the improvement of the aircraft performance in reliability, maneuverability and survivability, the number of the control effectors increases a lot. How to distribute the three-axis moments into the control surfaces reasonably becomes an important problem. Daisy chain method is simple and easy to be carried out in the design of the allocation system. But it can not solve the allocation problem for entire attainable moment subset. For the lateral-directional allocation problem, the allocation efficiency of the daisy chain can be directly measured by the area of its subset of attainable moments. Because of the non-linear allocation characteristic, the subset of attainable moments of daisy-chain method is a complex non-convex polygon, and it is difficult to solve directly. By analyzing the two-dimensional allocation problems with a "micro-element" idea, a numerical calculation algorithm is proposed to compute the area of the non-convex polygon. In order to improve the allocation efficiency of the algorithm, a genetic algorithm with the allocation efficiency chosen as the fitness function is proposed to find the best pseudo-inverse matrix.

Discrete rate resource allocation for OFDMA cognitive radio systems with location information

KAUST Repository

Ben Ghorbel, Mahdi; Nam, Haewoon; Alouini, Mohamed-Slim

2010-01-01

In this paper we introduce a resource allocation algorithm based on location information for cognitive radio systems. The location information allows a practical implementation of cognitive radio systems when the channel state knowledge of the interference links with the primary users is not available. Using this information and measurements, the secondary users estimate the pathloss between the secondary and primary users to avoid interfering the primary users while sharing the frequency bands. The major improvement in this paper is low-complex algorithms for downlink and uplink resource allocations with integer bit distributions, where collocated subchannel constraint is considered in uplink case. We show, through numerical simulations, that for the downlink case, the proposed algorithm is indeed optimal while for the uplink case, it is near-optimal. ©2010 IEEE.

Discrete rate resource allocation for OFDMA cognitive radio systems with location information

KAUST Repository

Ben Ghorbel, Mahdi

2010-09-01

In this paper we introduce a resource allocation algorithm based on location information for cognitive radio systems. The location information allows a practical implementation of cognitive radio systems when the channel state knowledge of the interference links with the primary users is not available. Using this information and measurements, the secondary users estimate the pathloss between the secondary and primary users to avoid interfering the primary users while sharing the frequency bands. The major improvement in this paper is low-complex algorithms for downlink and uplink resource allocations with integer bit distributions, where collocated subchannel constraint is considered in uplink case. We show, through numerical simulations, that for the downlink case, the proposed algorithm is indeed optimal while for the uplink case, it is near-optimal. ©2010 IEEE.

Global trends and challenges in deceased donor kidney allocation.

Science.gov (United States)

Wu, Diana A; Watson, Christopher J; Bradley, J Andrew; Johnson, Rachel J; Forsythe, John L; Oniscu, Gabriel C

2017-06-01

Worldwide, the number of patients able to benefit from kidney transplantation is greatly restricted by the severe shortage of deceased donor organs. Allocation of this scarce resource is increasingly challenging and complex. Striking an acceptable balance between efficient use of (utility) and fair access to (equity) the limited supply of donated kidneys raises controversial but important debates at ethical, medical, and social levels. There is no international consensus on the recipient and donor factors that should be considered in the kidney allocation process. There is a general trend toward a reduction in the influence of human leukocyte antigen mismatch and an increase in the importance of other factors shown to affect posttransplant outcomes, such as cold ischemia, duration of dialysis, donor and recipient age, and comorbidity. Increased consideration of equity has led to improved access to transplantation for disadvantaged patient groups. There has been an overall improvement in the transparency and accountability of allocation policies. Novel and contentious approaches in kidney allocation include the use of survival prediction scores as a criterion for accessing the waiting list and at the point of organ offering with matching of predicted graft and recipient survival. This review compares the diverse international approaches to deceased donor kidney allocation and their evolution over the last decade. Copyright © 2017 International Society of Nephrology. Published by Elsevier Inc. All rights reserved.

Designing an emissions trading scheme for China—An up-to-date climate policy assessment

International Nuclear Information System (INIS)

Hübler, Michael; Voigt, Sebastian; Löschel, Andreas

2014-01-01

We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that the climate policy induced welfare loss in 2020, measured as the level of GDP and welfare in 2020 under climate policy relative to their level under business-as-usual (BAU) in the same year, is about 1%. The Chinese welfare loss in 2020 slightly increases in the Chinese rate of economic growth in 2020. When keeping the emissions target fixed at the 2020 level after 2020 in absolute terms, the welfare loss will reach about 2% in 2030. If China's annual economic growth rate is 0.5 percentage points higher (lower), the climate policy-induced welfare loss in 2030 will rise (decline) by about 0.5 percentage points. Full auctioning of carbon allowances results in very similar macroeconomic effects as free allocation, but full auctioning leads to higher reductions in output than free allocation for ETS sectors. Linking the Chinese to the European ETS and restricting the transfer volume to one third of the EU's reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These results highlight the importance of designing the Chinese ETS wisely. - Highlights: • 45% Chinese carbon intensity target for 2020 implemented via emissions trading. • 1% GDP/welfare loss in 2020 and 2% in 2030 for a fixed emissions target after 2020. • 0.5 percentage points higher (lower) growth, increases (decreases) climate policy-induced welfare loss in 2030 by about 0.5 percentage points. • Similar macroeconomic effects for free allocation and full auctioning, but higher reductions in output under full auctioning in ETS sectors. • Restricted linking to EU emissions trading creates at best a small benefit for China

Cognitive cost as dynamic allocation of energetic resources.

Science.gov (United States)

Christie, S Thomas; Schrater, Paul

2015-01-01

While it is widely recognized that thinking is somehow costly, involving cognitive effort and producing mental fatigue, these costs have alternatively been assumed to exist, treated as the brain's assessment of lost opportunities, or suggested to be metabolic but with implausible biological bases. We present a model of cognitive cost based on the novel idea that the brain senses and plans for longer-term allocation of metabolic resources by purposively conserving brain activity. We identify several distinct ways the brain might control its metabolic output, and show how a control-theoretic model that models decision-making with an energy budget can explain cognitive effort avoidance in terms of an optimal allocation of limited energetic resources. The model accounts for both subject responsiveness to reward and the detrimental effects of hypoglycemia on cognitive function. A critical component of the model is using astrocytic glycogen as a plausible basis for limited energetic reserves. Glycogen acts as an energy buffer that can temporarily support high neural activity beyond the rate supported by blood glucose supply. The published dynamics of glycogen depletion and repletion are consonant with a broad array of phenomena associated with cognitive cost. Our model thus subsumes both the "cost/benefit" and "limited resource" models of cognitive cost while retaining valuable contributions of each. We discuss how the rational control of metabolic resources could underpin the control of attention, working memory, cognitive look ahead, and model-free vs. model-based policy learning.

Optimal allocation of resources for suppressing epidemic spreading on networks

Science.gov (United States)

Chen, Hanshuang; Li, Guofeng; Zhang, Haifeng; Hou, Zhonghuai

2017-07-01

Efficient allocation of limited medical resources is crucial for controlling epidemic spreading on networks. Based on the susceptible-infected-susceptible model, we solve the optimization problem of how best to allocate the limited resources so as to minimize prevalence, providing that the curing rate of each node is positively correlated to its medical resource. By quenched mean-field theory and heterogeneous mean-field (HMF) theory, we prove that an epidemic outbreak will be suppressed to the greatest extent if the curing rate of each node is directly proportional to its degree, under which the effective infection rate λ has a maximal threshold λcopt=1 / , where is the average degree of the underlying network. For a weak infection region (λ ≳λcopt ), we combine perturbation theory with the Lagrange multiplier method (LMM) to derive the analytical expression of optimal allocation of the curing rates and the corresponding minimized prevalence. For a general infection region (λ >λcopt ), the high-dimensional optimization problem is converted into numerically solving low-dimensional nonlinear equations by the HMF theory and LMM. Counterintuitively, in the strong infection region the low-degree nodes should be allocated more medical resources than the high-degree nodes to minimize prevalence. Finally, we use simulated annealing to validate the theoretical results.

Maximum inflation of the type 1 error rate when sample size and allocation rate are adapted in a pre-planned interim look.

Science.gov (United States)

Graf, Alexandra C; Bauer, Peter

2011-06-30

We calculate the maximum type 1 error rate of the pre-planned conventional fixed sample size test for comparing the means of independent normal distributions (with common known variance) which can be yielded when sample size and allocation rate to the treatment arms can be modified in an interim analysis. Thereby it is assumed that the experimenter fully exploits knowledge of the unblinded interim estimates of the treatment effects in order to maximize the conditional type 1 error rate. The 'worst-case' strategies require knowledge of the unknown common treatment effect under the null hypothesis. Although this is a rather hypothetical scenario it may be approached in practice when using a standard control treatment for which precise estimates are available from historical data. The maximum inflation of the type 1 error rate is substantially larger than derived by Proschan and Hunsberger (Biometrics 1995; 51:1315-1324) for design modifications applying balanced samples before and after the interim analysis. Corresponding upper limits for the maximum type 1 error rate are calculated for a number of situations arising from practical considerations (e.g. restricting the maximum sample size, not allowing sample size to decrease, allowing only increase in the sample size in the experimental treatment). The application is discussed for a motivating example. Copyright © 2011 John Wiley & Sons, Ltd.

An application of data mining classification and bi-level programming for optimal credit allocation

Directory of Open Access Journals (Sweden)

Seyed Mahdi Sadatrasou

2015-01-01

Full Text Available This paper investigates credit allocation policy making and its effect on economic development using bi-level programming. There are two challenging problems in bi-level credit allocation; at the first level government/public related institutes must allocate the credit strategically concerning sustainable development to regions and industrial sectors. At the second level, there are agent banks, which should allocate the credit tactically to individual applicants based on their own profitability and risk using their credit scoring models. There is a conflict of interest between these two stakeholders but the cooperation is inevitable. In this paper, a new bi-level programming formulation of the leader-follower game in association with sustainable development theory in the first level and data mining classifier at the second level is used to mathematically model the problem. The model is applied to a national development fund (NDF as a government related organization and one of its agent banks. A new algorithm called Bi-level Genetic fuzzy apriori Algorithm (BGFAA is introduced to solve the bilateral model. Experimental results are presented and compared with a unilateral policy making scenario by the leader. Findings show that although the objective functions of the leader are worse in the bilateral scenario but agent banks collaboration is attracted and guaranteed.

Quantitative health impact assessment of transport policies: two simulations related to speed limit reduction and traffic re-allocation in the Netherlands.

Science.gov (United States)

Schram-Bijkerk, D; van Kempen, E; Knol, A B; Kruize, H; Staatsen, B; van Kamp, I

2009-10-01

Few quantitative health impact assessments (HIAs) of transport policies have been published so far and there is a lack of a common methodology for such assessments. To evaluate the usability of existing HIA methodology to quantify health effects of transport policies at the local level. Health impact of two simulated but realistic transport interventions - speed limit reduction and traffic re-allocation - was quantified by selecting traffic-related exposures and health endpoints, modelling of population exposure, selecting exposure-effect relations and estimating the number of local traffic-related cases and disease burden, expressed in disability-adjusted life-years (DALYs), before and after the intervention. Exposure information was difficult to retrieve because of the local scale of the interventions, and exposure-effect relations for subgroups and combined effects were missing. Given uncertainty in the outcomes originating from this kind of missing information, simulated changes in population health by two local traffic interventions were estimated to be small (<5%), except for the estimated reduction in DALYs by less traffic accidents (60%) due to speed limit reduction. Quantitative HIA of transport policies at a local scale is possible, provided that data on exposures, the exposed population and their baseline health status are available. The interpretation of the HIA information should be carried out in the context of the quality of input data and assumptions and uncertainties of the analysis.

Allocation of emission permits with leakage through capital markets

International Nuclear Information System (INIS)

Maestad, Ottar

2007-01-01

This paper analyses how tradable emission permits should be allocated to firms when capital is internationally mobile. When international environmental problems are attempted solved through uncoordinated policies between countries, it might be desirable for the home country to issue free emission permits in proportion to the use of capital in order to prevent leakage through international capital movements. The desirability of free emission permits will however be reduced if capital also can be employed in a domestic non-polluting sector. In this case, it may even be optimal to tax the use of capital in the polluting sector. It is also shown that it is always optimal to subsidise the use of capital in the polluting sector if the use of labour is taxed at an optimal rate. Finally, leakage does not affect the optimal domestic emission limit as long as appropriate capital subsidies and labour taxes are implementeed. (author)

The Real Interest Rate Spread as a Monetary Policy Indicator

OpenAIRE

Browne, Frank; Everett, Mary

2006-01-01

This paper employs a consumption-based capital asset pricing model to derive the generalised Fisher equation, in order to estimate the natural rate of interest and corresponding real interest rate spread for the US. Analysis reveals not only is the estimated real interest rate spread a useful measure of the degree of looseness/tightness in the Federal Reserve’s monetary policy stance, but also the variable contributes substantially to an understanding of the evolution of US inflation over the...

Characterizing contract-based multiagent resource allocation in networks.

Science.gov (United States)

An, Bo; Lesser, Victor

2010-06-01

We consider a multiagent resource allocation problem where individual users intend to route traffic by requesting the help of entities across a network, and a cost is incurred at each network node that depends on the amount of traffic to be routed. We propose to study contract-based network resource allocation. In our model, users and nodes in the network make contracts before nodes route traffic for the users. The problem is an interesting self-interested negotiation problem because it requires the complete assembly of a set of distinct resources, and there are multiple combinations of distinct resources that could satisfy the goal of negotiation. First, we characterize the network allocation problem and show that finding optimal allocations is NP-complete and is inapproximable. We take both Nash equilibrium and pairwise Nash equilibrium as the solution concepts to characterize the equilibrium allocations. We find that, for any resource allocation game, Nash equilibrium and pairwise Nash equilibrium always exist. In addition, socially optimal allocations are always supported by Nash equilibrium and pairwise Nash equilibrium. We introduce best-response dynamics in which each agent takes a myopic best-response strategy and interacts with each other to dynamically form contracts. We analyze the convergence of the dynamics in some special cases. We also experimentally study the convergence rate of the dynamics and how efficient the evolved allocation is as compared with the optimal allocation in a variety of environments.

The Determinants of won/dollar Exchange Rate Volatility and Policy Recommendations

Directory of Open Access Journals (Sweden)

Chae-Shick Chung

1998-09-01

Full Text Available This thesis analyzed the feature and different points of the changing of the exchange rate of Korea won against US dollar, then discussed the direction of the completion of Korea exchange rate system. The prediction result of the model GARCH which vividly shows the phenomenon of the auto-regression of the exchange rate has indicated the level of the exchange rate yesterday could explain the circumstance of the change of exchange rate today. Meanwhile, the policy of the US exchange rate will affect the exchange rate of Korea won against US dollar and the volatility of foreign exchange rate. In the present situation of Korean economy in which the liberalization of capital and the independence of the central bank has been established, the choosing range of the exchange system could only be completely changeable exchange rate system or exchange rate system of multilateral arrangement like Europe. However, in terms of the condition of the world economy, the introduction of the latter system is too early. There is an idea that under the changeable exchange rate system which is the only choice, it is the right time to activate the main body of private economy, the financial derivatives market in which the exchange risk could be trade-off. Government should work on and create a policy that would be able to satisfy the expectations of the market participants.

Is the Glass Half Empty or Half Full? Enrollment, Graduation, and Dropout Rates in Latin America

OpenAIRE

Marina Bassi; Matias Busso; Juan Sebastián Muñoz

2014-01-01

We use 292 household surveys from 18 Latin American countries to document patterns in secondary school graduation rates over the period 1990-2010. We find that enrollment and graduation rates increased during that period while dropout rates decreased. We provide two types of explanations for these patterns. Countries implemented changes on the supply side to increase access, by increasing the resources allocated to education and designing policies to help students staying in school. Despite t...

Designing an emissions trading scheme for China. An up-to-date climate policy assessment

Energy Technology Data Exchange (ETDEWEB)

Huebler, Michael [Zentrum fuer Europaeische Wirtschaftsforschung GmbH (ZEW), Mannheim (Germany); Hannover Univ. (Germany). Inst. for Environmental Economics and World Trade; Loeschel, Andreas; Voigt, Sebastian [Zentrum fuer Europaeische Wirtschaftsforschung GmbH (ZEW), Mannheim (Germany)

2014-07-01

We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that the climate policy-induced welfare loss in 2020, measured as the level of GDP and welfare in 2020 under climate policy relative to their level under business-as-usual (BAU) in the same year, is about 1%. The Chinese welfare loss in 2020 slightly increases in the Chinese rate of economic growth in 2020. When keeping the emissions target fixed at the 2020 level after 2020 in absolute terms, the welfare loss will reach about 2% in 2030. If China's annual economic growth rate is 0.5 percentage points higher (lower), the climate policy-induced welfare loss in 2030 will rise (decline) by about 0.5 percentage points. Full auctioning of carbon allowances results in very similar macroeconomic effects as free allocation, but full auctioning leads to higher reductions in output than free allocation for ETS sectors. Linking the Chinese to the European ETS and restricting the transfer volume to one third of the EU's reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These results highlight the importance of designing the Chinese ETS wisely.

Designing an emissions trading scheme for China. An up-to-date climate policy assessment

International Nuclear Information System (INIS)

Huebler, Michael

2014-01-01

We assess recent Chinese climate policy proposals in a multi-region, multi-sector computable general equilibrium model with a Chinese carbon emissions trading scheme (ETS). When the emissions intensity per GDP in 2020 is required to be 45% lower than in 2005, the model simulations indicate that the climate policy-induced welfare loss in 2020, measured as the level of GDP and welfare in 2020 under climate policy relative to their level under business-as-usual (BAU) in the same year, is about 1%. The Chinese welfare loss in 2020 slightly increases in the Chinese rate of economic growth in 2020. When keeping the emissions target fixed at the 2020 level after 2020 in absolute terms, the welfare loss will reach about 2% in 2030. If China's annual economic growth rate is 0.5 percentage points higher (lower), the climate policy-induced welfare loss in 2030 will rise (decline) by about 0.5 percentage points. Full auctioning of carbon allowances results in very similar macroeconomic effects as free allocation, but full auctioning leads to higher reductions in output than free allocation for ETS sectors. Linking the Chinese to the European ETS and restricting the transfer volume to one third of the EU's reduction effort creates at best a small benefit for China, yet with smaller sectoral output reductions than auctioning. These results highlight the importance of designing the Chinese ETS wisely.

Information Acquisition and Excessive Risk: Impact of Policy Rate and Market Volatility

Directory of Open Access Journals (Sweden)

Volha Audzei

2015-12-01

Full Text Available Excessive risk-taking of financial agents drew a lot of attention in the aftermath of the financial crisis. Low interest rates and subdued market volatility during the Great Moderation are sometimes blamed for stimulating risk-taking and leading to the recent financial crisis. In recent years, with many central banks around the world conducting the policy of low interest rates and mitigating market risks, it has been debatable whether this policy contributes to the building up of another credit boom. This paper addresses this issue by focusing on information acquisition by the financial agents. We build a theoretical model which captures excessive risk taking in response to changes in policy rate and market volatility. This excessive risk takes the form of an increased risk appetite of the agents, but also of decreased incentives to acquire information about risky assets. As a result, with market risk being reduced, agents tend to acquire more risk in their portfolios then they would with the higher market risk. The same forces increase portfolio risk when the safe interest rate is falling. The robustness of the results is considered with different learning rules.

Adolescence, attention allocation, and driving safety.

Science.gov (United States)

Romer, Daniel; Lee, Yi-Ching; McDonald, Catherine C; Winston, Flaura K

2014-05-01

Motor vehicle crashes are the leading source of morbidity and mortality in adolescents in the United States and the developed world. Inadequate allocation of attention to the driving task and to driving hazards are important sources of adolescent crashes. We review major explanations for these attention failures with particular focus on the roles that brain immaturity and lack of driving experience play in causing attention problems. The review suggests that the potential for overcoming inexperience and immaturity with training to improve attention to both the driving task and hazards is substantial. Nevertheless, there are large individual differences in both attentional abilities and risky driving tendencies that pose challenges to novice driver policies. Research that can provide evidence-based direction for such policies is urgently needed. Copyright © 2014 Society for Adolescent Health and Medicine. Published by Elsevier Inc. All rights reserved.

Zinc allocation and re-allocation in rice

NARCIS (Netherlands)

Stomph, T.J.; Jiang, W.; Putten, van der P.E.L.; Struik, P.C.

2014-01-01

Aims: Agronomy and breeding actively search for options to enhance cereal grain Zn density. Quantifying internal (re-)allocation of Zn as affected by soil and crop management or genotype is crucial. We present experiments supporting the development of a conceptual model of whole plant Zn allocation

Energy-Efficient Power Allocation for MIMO-SVD Systems

KAUST Repository

Sboui, Lokman

2017-05-24

In this paper, we address the problem of energyefficient power allocation in MIMO systems. In fact, the widely adopted water-filling power allocation does not ensure the maximization of the energy efficiency (EE). Since the EE maximization is a non-convex problem, numerical methods based on fractional programming were introduced to find the optimal power solutions. In this paper, we present a novel and simple power allocation scheme based on the explicit expressions of the optimal power. We also present a low-complexity algorithm that complements the proposed scheme for low circuit-power regime. Furthermore, we analyze power-constrained and rate-constrained systems and present the corresponding optimal power control. In the numerical results, we show that the presented analytical expressions are accurate and that the algorithm converges within two iterations. We also show that as the number of antenna increases, the system becomes more energy-efficient. Also, a saturation of the EE is observed at high power budget and low minimal rate regimes.

Market failure, policy failure and other distortions in chronic disease markets

Directory of Open Access Journals (Sweden)

Segal Leonie

2009-06-01

Full Text Available Abstract Background The increasing prevalence of chronic disease represents a significant burden on most health systems. This paper explores the market failures and policy failures that exist in the management of chronic diseases. Discussion There are many sources of market failure in health care that undermine the efficiency of chronic disease management. These include incomplete information as well as information asymmetry between providers and consumers, the effect of externalities on consumer behaviour, and the divergence between social and private time preference rates. This has seen government and policy interventions to address both market failures and distributional issues resulting from the inability of private markets to reach an efficient and equitable distribution of resources. However, these have introduced a series of policy failures such as distorted re-imbursement arrangements across modalities and delivery settings. Summary The paper concludes that market failure resulting from a preference of individuals for 'immediate gratification' in the form of health care and disease management, rather than preventative services, where the benefits are delayed, has a major impact on achieving an efficient allocation of resources in markets for the management of chronic diseases. This distortion is compounded by government health policy that tends to favour medical and pharmaceutical interventions further contributing to distortions in the allocation of resources and inefficiencies in the management of chronic disease.

Energy Policy Act transportation rate study: Availability of data and studies

Energy Technology Data Exchange (ETDEWEB)

1993-10-13

Pursuant to Section 1340(c) of the Energy Policy Act of 1992 (EPACT), this report presents the Secretary of Energy`s review of data collected by the Federal Government on rates for rail and pipeline transportation of domestic coal, oil, and gas for the years 1988 through 1997, and proposals to develop an adequate data base for each of the fuels, based on the data availability review. This report also presents the Energy Information Administration`s findings regarding the extent to which any Federal agency is studying the impacts of the Clean Air Act Amendments of 1990 (CAAA90) and other Federal policies on the transportation rates and distribution patterns of domestic coal, oil, and gas.

77 FR 57990 - Interest Rate Risk Policy and Program

Science.gov (United States)

2012-09-19

... NATIONAL CREDIT UNION ADMINISTRATION 12 CFR Part 741 RIN 3133-AD66 Interest Rate Risk Policy and Program Correction In rule document 2012-02091, appearing on pages 55155-5167 in the issue of Thursday, February 2, 2012, make the following corrections: 1. On page 5157, in the second column, in the first line...

Short-run allocation of emissions allowances and long-term goals for climate policy

NARCIS (Netherlands)

Zetterberg, Lars; Wråke, Markus; Sterner, Thomas; Fischer, Carolyn; Burtraw, Dallas

We use economic analysis to evaluate grandfathering, auctioning, and benchmarking approaches for allocation of emissions allowances and then discuss practical experience from European and American schemes. In principle, auctions are superior from the viewpoints of efficiency, fairness, transparency,

Evaluation of Exchange Rate Policy on Agricultural Trade in Nigeria ...

African Journals Online (AJOL)

International Journal of Agriculture and Rural Development ... this study was to evaluate the effect of exchange rate policy on agricultural trade in Nigeria. ... Government support to farmers in the form of credit and input subsidies is a veritable ...

Network Controlled Mobility Management with Policy Enforcement towards IMT-A

DEFF Research Database (Denmark)

Klockar, Annika; Mihovska, Albena D.; Luo, Jijun

2008-01-01

This paper introduces a framework of mobility management and call-handling based on policy en-hancement towards the IMT-A system. The function al-location and several selected mechanisms for the frame-work are described with analysis.......This paper introduces a framework of mobility management and call-handling based on policy en-hancement towards the IMT-A system. The function al-location and several selected mechanisms for the frame-work are described with analysis....

Twelve fundamental life histories evolving through allocation-dependent fecundity and survival.

Science.gov (United States)

Johansson, Jacob; Brännström, Åke; Metz, Johan A J; Dieckmann, Ulf

2018-03-01

An organism's life history is closely interlinked with its allocation of energy between growth and reproduction at different life stages. Theoretical models have established that diminishing returns from reproductive investment promote strategies with simultaneous investment into growth and reproduction (indeterminate growth) over strategies with distinct phases of growth and reproduction (determinate growth). We extend this traditional, binary classification by showing that allocation-dependent fecundity and mortality rates allow for a large diversity of optimal allocation schedules. By analyzing a model of organisms that allocate energy between growth and reproduction, we find twelve types of optimal allocation schedules, differing qualitatively in how reproductive allocation increases with body mass. These twelve optimal allocation schedules include types with different combinations of continuous and discontinuous increase in reproduction allocation, in which phases of continuous increase can be decelerating or accelerating. We furthermore investigate how this variation influences growth curves and the expected maximum life span and body size. Our study thus reveals new links between eco-physiological constraints and life-history evolution and underscores how allocation-dependent fitness components may underlie biological diversity.

EU ETS Allocation. Evaluation of present system and options beyond 2012

Energy Technology Data Exchange (ETDEWEB)

Sijm, J.P.M. (ed.) [ECN Policy Studies, Petten (Netherlands); Berk, M.M.; Den Elzen, M.G.J.; Van den Wijngaart, R.A. [Netherlands Environmental Assessment Agency NMP, Bilthoven (Netherlands)

2007-03-15

This study assesses various options for EU (European Union) burden sharing and EU ETS (Emissions Trading System) allocation beyond 2012, based on a sample of policy evaluation criteria and a review of the literature on (1) international and EU burden sharing of future GHG mitigation commitments, and (2) allocation of GHG emission allowances among countries, sectors and emitting installations. It shows that these options score differently with regard to a variety of individual evaluation criteria (such as environmental effectiveness, economic efficiency, social equity or political acceptability), while the overall performance of these options depends on both the selection, interpretation, weighing and adding of these criteria.

Cognitive cost as dynamic allocation of energetic resources

Directory of Open Access Journals (Sweden)

Scott Thomas Christie

2015-08-01

Full Text Available While it is widely recognized that thinking is somehow costly, involving cognitive effort and producing mental fatigue, these costs have alternatively been assumed to exist, treated as the brain's assessment of lost opportunities, or suggested to be metabolic but with implausible biological bases. We present a model of cognitive cost based on the novel idea that the brain senses and plans for longer-term allocation of metabolic resources by purposively conserving brain activity. We identify several distinct ways the brain might control its metabolic output, and show how a control-theoretic model that models decision-making with an energy budget can explain cognitive effort avoidance in terms of an optimal allocation of limited energetic resources. The model accounts for both for subject responsiveness to reward and the detrimental effects of hypoglycemia on cognitive function. A critical component of the model is using astrocytic glycogen as a plausible basis for limited energetic reserves. Glycogen acts as an energy buffer that can temporarily support high neural activity beyond the rate supported by blood glucose supply. The published dynamics of glycogen depletion and repletion are consonant with a broad array of phenomena associated with cognitive cost. Our model thus subsumes both the cost/benefit and limited resource models of cognitive cost while retaining valuable contributions of each. We discuss how the rational control of metabolic resources could underpin the control of attention, working memory, cognitive lookahead, model-free vs. model-based policy learning as well as the pattern of generalization of cognitive improvements due to video-game training experiments.

Exchange Rate Pass-through and Monetary Policy in South Africa

OpenAIRE

Aron, Janine; Farrell, Greg; Muellbauer, John; Sinclair, Peter

2010-01-01

Understanding how import prices adjust to exchange rates helps anticipate inflation effects and monetary policy responses. This paper examines exchange rate passthrough to the monthly import price index in South Africa during 1980-2009. A methodological innovation allows various short-run pass-through estimates to be calculated simply without recourse to a full structural model, yet without neglecting the long-run relationships between prices or the effects of previous import price changes, a...

Allocation matters. So what can we do about it? Strategies for the electricity sector 2008-2012

International Nuclear Information System (INIS)

Sijm, J.P.M.; Neuhoff, K.; Keats, K.; Matthes, F.; Johnston, A.

2005-11-01

Power generation accounts for circa 2/3 of EU ETS emissions and the response of the power sector is central to both Kyoto compliance and to the price of EU ETS allowances.This study aims to Explain current allowance prices and impact on electricity price; Look at how allocation affects prices, operation and investment; Draw out implications for policy in Phase II and beyond. The executive summary will discuss Price impacts; Distortions from allocation; Recommendations; Higher-level conclusions on allocations approaches for longer term. The contents of the presentation are: Key drivers for CO2 price; Pass through to electricity price; Effect of allocation to existing facilities: Perfect grandfathering, Contingent on availability, Uniform benchmarking using moving base, Fuel specific benchmarking using moving base, Real life grandfathering; Effect of allocation to new facilities: Uniform benchmark, Fuel specific benchmarking; and Legal considerations

Inflation, exchange rate and efficacy of monetary policy in Nigeria: The empirical evidence

Directory of Open Access Journals (Sweden)

BigBen Chukwuma Ogbonna

2016-01-01

1986 – 2008. Estimates from a vector auto regression model (VAR of key macroeconomic variables demonstrate the weak link between money supply and inflation in the both time horizons, which suggests that the hypothesis that money supply is not an effective policy instrument for management of inflationary developments cannot be rejected for Nigeria. The results further suggest that in both time horizons, exchange rate has been identified as a singular most promising macroeconomic fundamental for both internal and external sectors adjustments. However, the deregulation of the domestic economy as occasioned by SAP has significantly diluted the efficacy of exchange rate as a monetary policy instrument for the management of Nigeria’s aggregate money stock and trade balance developments. These notwithstanding, the Central Bank of Nigeria can continue to play a stabilizing role in the economy through the continuation of prudent monetary policies and frequent interventions in exchange rate management to smooth out shocks.

Family planning, population policy and declining birth rates in Yugoslavia.

Science.gov (United States)

Malacic, J

1989-01-01

Although Yugoslavia has below-replacement fertility (a net reproduction rate in 1986 of 0.92), there are vast regional differentials. In the less developed autonomous province of Kosovo, for example, the population has doubled in the past 30 years. By region, the net reproduction rate ranges from a low of 0.83 in Croatia to a high of 1.80 in Kosovo. Until the late 1970s, when pronatalism and centralized economic planning had weakened in influence, there was an avoidance of demographic planning and policy. In 1975, the Federal Assembly issued a document on the country's demographic patterns and goals and called on republics and autonomous provinces to adapt the document to local situations--a step that was not taken. By the 1980s, the deteriorating political, economic, and demographic situation in regions with high fertility forced more explicit attention to the formulation of a national population policy. The 1989 Resolution on Population Development Policy and Family Planning sets the goal of replacement- level fertility for both high and low fertility regions and calls for an integrated approach to population issues and socioeconomic development. Decentralization, however, has represented a major obstacle to the execution of federal policy at the republic and lower local levels. While this is a chronic problem that must be addressed on the macro level, some progress could be achieved in problematic regions such as Kosovo through educational campaigns aimed at convincing individual couples of the advantages of family size of 2-3 children.

Optimal power allocation for SM-OFDM systems with imperfect channel estimation

International Nuclear Information System (INIS)

Yu, Feng; Song, Lijun; Lei, Xia; Xiao, Yue; Jiang, Zhao Xiang; Jin, Maozhu

2016-01-01

This paper analyses the bit error rate (BER) of the spatial modulation orthogonal frequency division multiplex (SM-OFDM) system and derives the optimal power allocation between the data and the pilot symbols by minimizing the upper bound for the BER operating with imperfect channel estimation. Furthermore, we prove the proposed optimal power allocation scheme applies to all generalized linear interpolation techniques with the minimum mean square error (MMSE) channel estimation . Simulation results show that employing the proposed optimal power allocation provides a substantial gain in terms of the average BER performance for the SM-OFDM system compared to its equal-power-allocation counterpart.

Implementation of Monetary Policy: How Do Central Banks Set Interest Rates?

OpenAIRE

Benjamin M. Friedman; Kenneth N. Kuttner

2010-01-01

Central banks no longer set the short-term interest rates that they use for monetary policy purposes by manipulating the supply of banking system reserves, as in conventional economics textbooks; today this process involves little or no variation in the supply of central bank liabilities. In effect, the announcement effect has displaced the liquidity effect as the fulcrum of monetary policy implementation. The chapter begins with an exposition of the traditional view of the implementation of ...

Effectiveness of Interest Rate Policy of the Fed in Management of Subprime Mortgage Crisis

Directory of Open Access Journals (Sweden)

Samet Gunay

2018-02-01

Full Text Available The federal funds rate is one of the most important monetary policy instruments of Federal Reserve Bank of America. In this study, we analyze the effectiveness of Fed interest rate policy on different markets in the period between 1976 and 2016 through Markov regime-switching regression analysis. Results indicate that Federal funds’ rate affects labor and housing markets with a few months’ lag. However, the influence of Federal funds rate on inflation rate is quite limited. It is most probable that Fed employs alternative monetary instruments to regulate inflation. The most interesting results are obtained in the domain of personal savings. The interaction of personal savings and Federal funds rate is significant during both expansion and recession regimes.

Optimal conservation resource allocation under variable economic and ecological time discounting rates in boreal forest.

Science.gov (United States)

Mazziotta, Adriano; Pouzols, Federico Montesino; Mönkkönen, Mikko; Kotiaho, Janne S; Strandman, Harri; Moilanen, Atte

2016-09-15

Resource allocation to multiple alternative conservation actions is a complex task. A common trade-off occurs between protection of smaller, expensive, high-quality areas versus larger, cheaper, partially degraded areas. We investigate optimal allocation into three actions in boreal forest: current standard forest management rules, setting aside of mature stands, or setting aside of clear-cuts. We first estimated how habitat availability for focal indicator species and economic returns from timber harvesting develop through time as a function of forest type and action chosen. We then developed an optimal resource allocation by accounting for budget size and habitat availability of indicator species in different forest types. We also accounted for the perspective adopted towards sustainability, modeled via temporal preference and economic and ecological time discounting. Controversially, we found that in boreal forest set-aside followed by protection of clear-cuts can become a winning cost-effective strategy when accounting for habitat requirements of multiple species, long planning horizon, and limited budget. It is particularly effective when adopting a long-term sustainability perspective, and accounting for present revenues from timber harvesting. The present analysis assesses the cost-effective conditions to allocate resources into an inexpensive conservation strategy that nevertheless has potential to produce high ecological values in the future. Copyright © 2016 Elsevier Ltd. All rights reserved.

Optimal International Asset Allocation with Time-varying Risk

OpenAIRE

Flavin, Thomas; Wickens, M.R.

2006-01-01

This paper examines the optimal allocation each period of an internationally diversified portfolio from the different points of view of a UK and a US investor. We find that investor location affects optimal asset allocation. The presence of exchange rate risk causes the markets to appear not fully integrated and creates a preference for home assets. Domestic equity is the dominant asset in the optimal portfolio for both investors, but the US investor bears less risk than the UK...

A study on the effects of exchange rate and foreign policies on Iranians dates export

Directory of Open Access Journals (Sweden)

Leila Khalighi

2017-04-01

Full Text Available The main purpose of this research was studying the impact of exchange rate on date export as one of the most important and greatest foreign currency income earned horticultural products in agriculture sector in Iran. Selected time period in this study was chosen between 1991 and 2011. For this purpose, ordinary least squares (OLS method has used to estimate the relationships between the value of date export and the variables taken from stationary tests. Library research method has used for the analysis. In this regard, required data have collected from various scientific and research resources. The results indicated that, exchange rate is a crucial factor for dates export and also for exporters. In addition, other factors specially government policies have been placed in export model. In this field, short-term outsourcing foreign policy has decreased the export value. Results also showed that, applying exchange rate unification policy without an appropriate exchange rate to encourage exporters has negative impact on dates export. Therefore, by applying exchange rate stabilization policy, according to inflation in the country, the potential exporters’ income has reduced and production costs have increased alternately.

National plan project of quotas allocation. Reference period

International Nuclear Information System (INIS)

2004-06-01

This document described the national plan project of greenhouse gases quotas allocation, in application of the directive 2003/87/CE. It is a preliminary document providing hypothesis, data and results which could well be modified. It presents in seven chapters the determination of the final quotas quantity, the determination of the final quotas quantity per each activity sectors and per installation, the technical aspects, the community policy and legislation, the public consultation and other criteria analysis. (A.L.B.)

Transport Infrastructure Slot Allocation

NARCIS (Netherlands)

Koolstra, K.

2005-01-01

In this thesis, transport infrastructure slot allocation has been studied, focusing on selection slot allocation, i.e. on longer-term slot allocation decisions determining the traffic patterns served by infrastructure bottlenecks, rather than timetable-related slot allocation problems. The

The effectiveness of Japan's negative interest rate policy

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad; Miyamoto, Hiroaki

2017-01-01

In April 2013, the Bank of Japan (BOJ) introduced an inflation target of 2% with the aim of overcoming deflation and achieving sustainable economic growth. But due to lower international oil prices, it was unable to achieve this target and was forced to take further measures. Hence, in February 2016, the BOJ adopted a negative interest rate policy by massively increasing the money supply through purchasing long-term Japanese government bonds (JGB). The BOJ had previously purchased short-term ...

Efficient Metropolitan Resource Allocation

Directory of Open Access Journals (Sweden)

Richard Arnott

2016-05-01

Full Text Available Over the past 30 years Calgary has doubled in size, from a population of 640,645 in 1985 to 1,230,915 in 2015. During that time the City has had five different mayors, hosted the Winter Olympics, and expanded the C-Train from 25 platforms to 45. Calgary’s Metropolitan Area has grown too, with Airdrie, Chestermere, Okotoks and Cochrane growing into full-fledged cities, ripe with inter-urban commuters.* And with changes to provincial legislation in the mid-’90s, rural Rocky View County and the Municipal District of Foothills are now real competitors for residential, commercial and industrial development that in the past would have been considered urban. In this metropolitan system, where people live, their household structure, and their place of work informs the services they need to conduct their daily lives, and directly impacts the spatial character of the City and the broader region. In sum, Metropolitan Calgary is increasingly complex. Calgary and the broader metropolitan area will continue to grow, even with the current economic slowdown. Frictions within Calgary, between the various municipalities in the metropolitan area, and the priorities of other local authorities (such as the School Boards and Alberta Health Services will continue to impact the agendas of local politicians and their ability to answer to the needs of their residents. How resources – whether it is hard infrastructure, affordable housing, classrooms, or hospital beds – are allocated over space and how these resources are funded, directly impacts these relationships. This technical paper provides my perspective as an urban economist on the efficient allocation of resources within a metropolitan system in general, with reference to Calgary where appropriate, and serves as a companion to the previously released “Reflections on Calgary’s Spatial Structure: An Urban Economists Critique of Municipal Planning in Calgary.” It is hoped that the concepts reviewed

Pakistan's maternal and child health policy: analysis, lessons and the way forward.

Science.gov (United States)

Siddiqi, S; Haq, I U; Ghaffar, A; Akhtar, T; Mahaini, R

2004-07-01

An estimated 400,000 infant and 16,500 maternal deaths occur annually in Pakistan. These translate into an infant mortality rate and maternal mortality ratio that should be unacceptable to any state. Disease states including communicable diseases and reproductive health (RH) problems, which are largely preventable account for over 50% of the disease burden. The analysis of Pakistan's maternal and child health (MCH) and family planning (FP) policy covers the period 1990-2002, and focuses on macroeconomic influences, priority programs and gaps, adequacy of resources, equity and organizational aspects, and the process of policy formulation. The overall MCH/FP policy is well directed. MCH/FP has been a priority in all policies; resource allocation, although unacceptably low, has substantially increased during the last decade; and there is a progressive shift from MCH to the reproductive health (RH) agenda. Areas in need of improvement include greater use of evidence as a basis for policy; increased priority to nutrition programs, measures to reduce neonatal and perinatal mortality, provision of emergency obstetric care, availability of skilled birth attendants, and a clear policy on integrated management of childhood illnesses. Enhanced planning capacity, development of a balanced human resource, improved governance to reduce staff absenteeism and frequent transfers, and a greater role of the private sector in the provision of services are some organizational aspects that need the governments' consideration. There are several lessons to be learnt: (i) Ministries of Health need sustained stewardship and well-documented evidence to protect cuts in resource allocation; (ii) frequent policy announcement sends inappropriate signals to managers and weakens on-going implementation; (iii) MCH/FP policies unless informed by evidence and participation of interest groups are unlikely to address gaps in programs; (iv) distributional and equity objectives of MCH/FP be addressed

Rate-Optimized Power Allocation for DF-Relayed OFDM Transmission under Sum and Individual Power Constraints

Directory of Open Access Journals (Sweden)

Vandendorpe Luc

2009-01-01

Full Text Available We consider an OFDM (orthogonal frequency division multiplexing point-to-point transmission scheme which is enhanced by means of a relay. Symbols sent by the source during a first time slot may be (but are not necessarily retransmitted by the relay during a second time slot. The relay is assumed to be of the DF (decode-and-forward type. For each relayed carrier, the destination implements maximum ratio combining. Two protocols are considered. Assuming perfect CSI (channel state information, the paper investigates the power allocation problem so as to maximize the rate offered by the scheme for two types of power constraints. Both cases of sum power constraint and individual power constraints at the source and at the relay are addressed. The theoretical analysis is illustrated through numerical results for the two protocols and both types of constraints.

Availability Allocation of Networked Systems Using Markov Model and Heuristics Algorithm

Directory of Open Access Journals (Sweden)

Ruiying Li

2014-01-01

Full Text Available It is a common practice to allocate the system availability goal to reliability and maintainability goals of components in the early design phase. However, the networked system availability is difficult to be allocated due to its complex topology and multiple down states. To solve these problems, a practical availability allocation method is proposed. Network reliability algebraic methods are used to derive the availability expression of the networked topology on the system level, and Markov model is introduced to determine that on the component level. A heuristic algorithm is proposed to obtain the reliability and maintainability allocation values of components. The principles applied in the AGREE reliability allocation method, proposed by the Advisory Group on Reliability of Electronic Equipment, and failure rate-based maintainability allocation method persist in our allocation method. A series system is used to verify the new algorithm, and the result shows that the allocation based on the heuristic algorithm is quite accurate compared to the traditional one. Moreover, our case study of a signaling system number 7 shows that the proposed allocation method is quite efficient for networked systems.

Integrated Berth Allocation and Quay Crane Assignment Problem: Set partitioning models and computational results

DEFF Research Database (Denmark)

Iris, Cagatay; Pacino, Dario; Røpke, Stefan

2015-01-01

Most of the operational problems in container terminals are strongly interconnected. In this paper, we study the integrated Berth Allocation and Quay Crane Assignment Problem in seaport container terminals. We will extend the current state-of-the-art by proposing novel set partitioning models....... To improve the performance of the set partitioning formulations, a number of variable reduction techniques are proposed. Furthermore, we analyze the effects of different discretization schemes and the impact of using a time-variant/invariant quay crane allocation policy. Computational experiments show...

Policy Brief: Governance of mining in India: responding to policy deficits

Energy Technology Data Exchange (ETDEWEB)

Ganeshan, Swati; Khanna, Arpita Asha; Srivastava, Nidhi; Noronha, Ligia

2012-06-15

The reform in the minerals sector has been in response to both global and national pressures. Internationally, there was a need for India to make credible commitments to the world that it would do things differently in terms of approval, transparency, greater efficiency, more incentives to attract investment in exploration, and development activity. Nationally, there was need for greater exploration information; improved allocation processes; increased resource revenues from mineral rich states; and greater compensation for externalities created by mining. Over the last few years new initiatives have been put in place. The National Mineral Policy (NMP) and the Minerals and Metals Development and Regulation (MMDR) Bill have sought to address many of the industry and community concerns and also the issue of graft by making the process of allocation and clearances more transparent and less discretionary. The Policy and the Bill have many pro-people clauses that relate to benefit sharing, minimizing the ecological footprint, improved participation in decision-making and grievance redressal mechanisms.

A fuzzy multi-objective model for capacity allocation and pricing policy of provider in data communication service with different QoS levels

Science.gov (United States)

Pan, Wei; Wang, Xianjia; Zhong, Yong-guang; Yu, Lean; Jie, Cao; Ran, Lun; Qiao, Han; Wang, Shouyang; Xu, Xianhao

2012-06-01

Data communication service has an important influence on e-commerce. The key challenge for the users is, ultimately, to select a suitable provider. However, in this article, we do not focus on this aspect but the viewpoint and decision-making of providers for order allocation and pricing policy when orders exceed service capacity. It is a multiple criteria decision-making problem such as profit and cancellation ratio. Meanwhile, we know realistic situations in which much of the input information is uncertain. Thus, it becomes very complex in a real-life environment. In this situation, fuzzy sets theory is the best tool for solving this problem. Our fuzzy model is formulated in such a way as to simultaneously consider the imprecision of information, price sensitive demand, stochastic variables, cancellation fee and the general membership function. For solving the problem, a new fuzzy programming is developed. Finally, a numerical example is presented to illustrate the proposed method. The results show that it is effective for determining the suitable order set and pricing policy of provider in data communication service with different quality of service (QoS) levels.

The Effect of Monetary Policy on Exchange Rates : How to Solve the Puzzles

NARCIS (Netherlands)

Kumah, F.Y.

1996-01-01

Recent empirical research on the effects of monetary policy shocks on exchange rate fluctuations have encountered the exchange rate puzzle and th e forward discount bias puzzle.The exchange rate puzzle is the tendency of the domestic currency (of non-US G-7 countries) to depreciate against the US

Energy Efficient Resource Allocation for Cognitive Radios: A Generalized Sensing Analysis

KAUST Repository

Alabbasi, AbdulRahman; Rezki, Zouheir; Shihada, Basem

2014-01-01

In this paper, two resource allocation schemes for energy efficient cognitive radio systems are proposed. Our design considers resource allocation approaches that adopt spectrum sharing combined with soft-sensing information, adaptive sensing thresholds, and adaptive power to achieve an energy efficient system. An energy per good-bit metric is considered as an energy efficient objective function. A multi-carrier system, such as, orthogonal frequency division multiplexing, is considered in the framework. The proposed resource allocation schemes, using different approaches, are designated as sub-optimal and optimal. The sub-optimal approach is attained by optimizing over a channel inversion power policy. The optimal approach utilizes the calculus of variation theory to optimize a problem of instantaneous objective function subject to average and instantaneous constraints with respect to functional optimization variables. In addition to the analytical results, selected numerical results are provided to quantify the impact of soft-sensing information and the optimal adaptive sensing threshold on the system performance.

Energy Efficient Resource Allocation for Cognitive Radios: A Generalized Sensing Analysis

KAUST Repository

Alabbasi, Abdulrahman

2014-12-31

In this paper, two resource allocation schemes for energy efficient cognitive radio systems are proposed. Our design considers resource allocation approaches that adopt spectrum sharing combined with soft-sensing information, adaptive sensing thresholds, and adaptive power to achieve an energy efficient system. An energy per good-bit metric is considered as an energy efficient objective function. A multi-carrier system, such as, orthogonal frequency division multiplexing, is considered in the framework. The proposed resource allocation schemes, using different approaches, are designated as sub-optimal and optimal. The sub-optimal approach is attained by optimizing over a channel inversion power policy. The optimal approach utilizes the calculus of variation theory to optimize a problem of instantaneous objective function subject to average and instantaneous constraints with respect to functional optimization variables. In addition to the analytical results, selected numerical results are provided to quantify the impact of soft-sensing information and the optimal adaptive sensing threshold on the system performance.

Allocation of biomass resources for minimising energy system greenhouse gas emissions

International Nuclear Information System (INIS)

Bentsen, Niclas Scott; Jack, Michael W.; Felby, Claus; Thorsen, Bo Jellesmark

2014-01-01

The European Union (EU) energy policy has three targets: supply security, development of a competitive energy sector and environmental sustainability. The EU countries have issued so-called National Renewable Energy Action Plans (NREAP) for increased renewable energy generation. Biomass is stipulated to account for 56% of renewable energy generation by 2020, corresponding to an increase in bioenergy generation from 2.4 × 10 9  GJ in 2005 to 5.7 × 10 9  GJ in 2020. There is uncertainty about the amounts of biomass available in the EU, and import challenges policy targets on supply security and sustainability. We address issues about how, from a technical point of view, the EU may deploy its biomass resources to reduce greenhouse gas (GHG) emissions from energy consumption. We investigate if deployment patterns depend on resource availability and technological development. In situations with adequate biomass availability the analysis suggests that liquid fuel production should be based on agricultural residues. Electricity production should be based on forest residues and other woody biomass and heat production on forest and agricultural residues. Improved conversion technologies implicitly relax the strain on biomass resources and improve supply security. - Highlights: • Optimal allocation of biomass to energy is analysed conceptually for the EU by 2020. • Allocation is influenced not only by GHG performance, also by resource availability. • Surplus biomass could be allocated to electricity generation to reduce GHG emissions

Variation in allocation of time, water and energy in Hoopoe Larks from the Arabian Desert

NARCIS (Netherlands)

Tieleman, BI; Williams, JB; Visser, GH

2003-01-01

1. Patterns of resource allocation in different times of the year can provide insights into the effects of simultaneous environmental constraints on reproduction and survival of desert birds. Field metabolic rate (FMR), water influx rate (WIR) and patterns of time allocation of Hoopoe Larks (Alaemon

Optimal Capacity Allocation of Large-Scale Wind-PV-Battery Units

Directory of Open Access Journals (Sweden)

Kehe Wu

2014-01-01

Full Text Available An optimal capacity allocation of large-scale wind-photovoltaic- (PV- battery units was proposed. First, an output power model was established according to meteorological conditions. Then, a wind-PV-battery unit was connected to the power grid as a power-generation unit with a rated capacity under a fixed coordinated operation strategy. Second, the utilization rate of renewable energy sources and maximum wind-PV complementation was considered and the objective function of full life cycle-net present cost (NPC was calculated through hybrid iteration/adaptive hybrid genetic algorithm (HIAGA. The optimal capacity ratio among wind generator, PV array, and battery device also was calculated simultaneously. A simulation was conducted based on the wind-PV-battery unit in Zhangbei, China. Results showed that a wind-PV-battery unit could effectively minimize the NPC of power-generation units under a stable grid-connected operation. Finally, the sensitivity analysis of the wind-PV-battery unit demonstrated that the optimization result was closely related to potential wind-solar resources and government support. Regions with rich wind resources and a reasonable government energy policy could improve the economic efficiency of their power-generation units.

What Factors Do Allied Health Take Into Account When Making Resource Allocation Decisions?

Science.gov (United States)

Lane, Haylee; Sturgess, Tamica; Philip, Kathleen; Markham, Donna; Martin, Jennifer; Walsh, Jill; Hubbard, Wendy; Haines, Terry

2017-09-12

Allied health comprises multiple professional groups including dietetics, medical radiation practitioners, occupational therapists, optometrists and psychologists. Different to medical and nursing, Allied health are often organized in discipline specific departments and allocate budgets within these to provide services to a range of clinical areas. Little is known of how managers of allied health go about allocating these resources, the factors they consider when making these decisions, and the sources of information they rely upon. The purpose of this study was to identify the key factors that allied health consider when making resource allocation decisions and the sources of information they are based upon. Four forums were conducted each consisting of case studies, a large group discussion and two hypothetical scenarios to elicit data. A thematic content analysis commenced during post-forum discussions of key factors by forum facilitators. These factors were then presented to an expert working party for further discussion and refinement. Transcripts were generated of all data recordings and a detailed thematic analysis was undertaken by one author to ensure coded data matched the initial thematic analysis. Twelve factors affecting the decision-making of allied health managers and clinicians were identified. One of these factors was disendorsed by the expert working party. The 11 remaining factors can be considered to be key decision-making principles that should be consistently applied to resource allocation. These principles were clustered into three overarching themes of readiness, impact and appropriateness. Understanding these principles now means further research can be completed to more effectively integrate research evidence into health policy and service delivery, create partnerships among policy-makers, managers, service providers and researchers, and to provide support to answer difficult questions that policy-makers, managers and service providers

Directed graph based carbon flow tracing for demand side carbon obligation allocation

DEFF Research Database (Denmark)

Sun, Tao; Feng, Donghan; Ding, Teng

2016-01-01

In order to achieve carbon emission abatement, some researchers and policy makers have cast their focus on demand side carbon abatement potentials. This paper addresses the problem of carbon flow calculation in power systems and carbon obligation allocation at demand side. A directed graph based...... method for tracing carbon flow is proposed. In a lossy network, matrices such as carbon losses, net carbon intensity (NCI) and footprint carbon intensity (FCI) are obtained with the proposed method and used to allocate carbon obligation at demand side. Case studies based on realistic distribution...... and transmission systems are provided to demonstrate the effectiveness of the proposed method....

Open-Access Colleges Responsible for Greatest Gains in Graduation Rates. Policy Alert

Science.gov (United States)

Doyle, William R.

2010-01-01

The largest gains in graduation rates over the past decade have been accomplished at open-access or nearly open-access colleges and universities. In addition, states could see even bigger increases if they directed their policies and supports toward improving graduation rates at these nonselective institutions. These findings from the author's…

Integrated environmental policy: A review of economic analysis.

Science.gov (United States)

Wiesmeth, Hans; Häckl, Dennis

2017-04-01

Holistic environmental policies, which emerged from a mere combination of technical activities in waste management some 40 years ago, constitute the most advanced level of environmental policies. These approaches to environmental policy, among them the policies in integrated waste management, attempt to guide economic agents to an environment-friendly behaviour. Nevertheless, current holistic policies in waste management, including policies on one-way drinks containers and waste electrical and electronic equipment, and implementations of extended producer responsibility with further applications to waste electrical and electronic equipment, reveal more or less severe deficiencies - despite some positive examples. This article relates these policy failures, which are not necessarily the result of an insufficient compliance with the regulations, to missing constitutive elements of what is going to be called an 'integrated environmental policy'. This article therefore investigates - mostly from a practical point of view - constitutive elements, which are necessary for a holistic policy to serve as a well-functioning allocation mechanism. As these constitutive elements result from a careful 'integration' of the environmental commodities into the economic allocation problems, we refer to these policies as 'integrated environmental policies'. The article also discusses and illustrates the main steps of designing such a policy - for waste electrical and electronic equipment and a (possible) ban of Glyphosat in agriculture. As these policies are dependent on economic and political stability with environmental awareness sufficiently developed, the article addresses mostly waste management policies in highly industrialised countries.

Expanding Decent Employment in Kenya: The Role of Monetary Policy, Inflation Control, and the Exchange Rate

OpenAIRE

Robert Pollin; James Heintz

2007-01-01

This IPC Country Study by Robert Pollin and James Heintz examines three policy areas related to monetary policies in Kenya: inflation dynamics and the relationship between inflation and long-run growth; monetary policy targets and instruments; and exchange rate dynamics and the country?s external balance. It concludes with five main policy recommendations

Trade Policies, Exchange Rate and Developing Country’s Real Sector Export Performance

OpenAIRE

Edeme, Richardson Kojo; Nkalu, Nelson C.; Emecheta, Chisom; Ugwu, Sam

2017-01-01

For developing countries like Nigeria, empirical evidence have shown they are faced with policy management challenge because they are mostly involved in the production and export of primary products which is often characterized by unfavourable terms of trade. The essence of this study therefore is to ascertain if trade and exchange rate policies complement each other in stimulating non-oil exports, especially the agricultural and manufacturing sectors, using both aggregated and disaggregated ...

How much water flows? Examining water allocations using a mobile decision lab

Science.gov (United States)

Strickert, G. E.; Gober, P.; Bradford, L. E.; Phillips, P.; Ross, J.

2016-12-01

Management of freshwater resources is a complex and multifaceted issues. Big challenges like scarcity, conflicts over water use and access, and ecosystem degradation are widespread around the world. These issues reflects ineffective past practices and signals the need for a fundamental change. Previous actions to mitigate these problems have been incremental rather than innovative, in part because of inherent conservatism in the water management community and an inability to experiment with water allocations in a safe environment. The influence of transboundary water policies was tested using a mobile decision lab which examined three theory areas: limited territorial sovereignty, absolute territorial sovereignty, and shared risk. The experiment allowed people engaged in the water sector to allocate incoming flows to different sectors: agriculture, municipal, industrial and environmental flows in two flow scenarios; slight shortage and extreme water shortage, and to pass on the remaining water to downstream regions. Mandatory sharing 50% of the natural flows between provinces (i.e. limited territorial sovereignty) achieved the most equitable allocation based on water units and points across the three regions. When there were no allocation rules (i.e. absolute territorial sovereignty) the downstream region received significantly less water (e.g. 8-11%. p affect on the amount of water flowing through the region. It is also notable that most participants sought a trade-off of water allocations, minimizing the allocations to agriculture and industry and prioritizing the municipal sector particularity under the severe drought scenario.

Modeling of the interest rate policy of the central bank of Russia

Science.gov (United States)

Shelomentsev, A. G.; Berg, D. B.; Detkov, A. A.; Rylova, A. P.

2017-11-01

This paper investigates interactions among money supply, exchange rates, inflation, and nominal interest rates, which are regulating parameters of the Central bank policy. The study is based on the data received from Russian source in 2002-2016. The major findings are 1) the interest rate demonstrates almost no relation with inflation; 2) ties of money supply and the nominal interest rate are strong; 3) money supply and inflation show meaningful relations only in comparison to their growth rates. We have developed a dynamic model, which can be used in forecasting of macroeconomic processes.

Adaptive Cross-Layer Distributed Energy-Efficient Resource Allocation Algorithms for Wireless Data Networks

Directory of Open Access Journals (Sweden)

Daniela Saturnino

2008-10-01

Full Text Available The issue of adaptive and distributed cross-layer resource allocation for energy efficiency in uplink code-division multiple-access (CDMA wireless data networks is addressed. The resource allocation problems are formulated as noncooperative games wherein each terminal seeks to maximize its own energy efficiency, namely, the number of reliably transmitted information symbols per unit of energy used for transmission. The focus of this paper is on the issue of adaptive and distributed implementation of policies arising from this approach, that is, it is assumed that only readily available measurements, such as the received data, are available at the receiver in order to play the considered games. Both single-cell and multicell networks are considered. Stochastic implementations of noncooperative games for power allocation, spreading code allocation, and choice of the uplink (linear receiver are thus proposed, and analytical results describing the convergence properties of selected stochastic algorithms are also given. Extensive simulation results show that, in many instances of practical interest, the proposed stochastic algorithms approach with satisfactory accuracy the performance of nonadaptive games, whose implementation requires much more prior information.

Optimal water resource allocation modelling in the Lowveld of Zimbabwe

Directory of Open Access Journals (Sweden)

D. Mhiribidi

2018-05-01

Full Text Available The management and allocation of water from multi-reservoir systems is complex and thus requires dynamic modelling systems to achieve optimality. A multi-reservoir system in the Southern Lowveld of Zimbabwe is used for irrigation of sugarcane estates that produce sugar for both local and export consumption. The system is burdened with water allocation problems, made worse by decommissioning of dams. Thus the aim of this research was to develop an operating policy model for the Lowveld multi-reservoir system.The Mann Kendall Trend and Wilcoxon Signed-Rank tests were used to assess the variability of historic monthly rainfall and dam inflows for the period 1899–2015. The WEAP model was set up to evaluate the water allocation system of the catchment and come-up with a reference scenario for the 2015/2016 hydrologic year. Stochastic Dynamic Programming approach was used for optimisation of the multi-reservoirs releases.Results showed no significant trend in the rainfall but a significantly decreasing trend in inflows (p < 0.05. The water allocation model (WEAP showed significant deficits ( ∼  40 % in irrigation water allocation in the reference scenario. The optimal rule curves for all the twelve months for each reservoir were obtained and considered to be a proper guideline for solving multi- reservoir management problems within the catchment. The rule curves are effective tools in guiding decision makers in the release of water without emptying the reservoirs but at the same time satisfying the demands based on the inflow, initial storage and end of month storage.

A Critical Review on Interest Rate as a Tool of Monetary Policy

OpenAIRE

diyah putriani; pras towo

2016-01-01

Objectives: This research is aimed to critically review the relationship between interest rate and economic downturnMethods: Meta-analysis.Results: The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.Conclusion:This paper concludes that interest rate give negative contribution to the economic growth.

A Critical Review on Interest Rate as a Tool of Monetary Policy

Directory of Open Access Journals (Sweden)

diyah putriani

2016-04-01

Full Text Available Objectives: This research is aimed to critically review the relationship between interest rate and economic downturnMethods: Meta-analysis.Results: The existing monetary policy will always create higher inflation rate overtime triggering economic crisis in the long run. This is not merely about how the monetary authority strictly manages the supply and demand for money in the economy.Conclusion:This paper concludes that interest rate give negative contribution to the economic growth.

A cross-layer resource allocation scheme for spatial multiplexing-based MIMO-OFDMA systems

Directory of Open Access Journals (Sweden)

Al-Shatri Hussein

2011-01-01

Full Text Available Abstract We investigate the resource allocation problem for the downlink of a multiple-input multiple-output orthogonal frequency division multiple access (MIMO-OFDMA system. The sum rate maximization itself cannot cope with fairness among users. Hence, we address this problem in the context of the utility-based resource allocation presented in earlier papers. This resource allocation method allows to enhance the efficiency and guarantee fairness among users by exploiting multiuser diversity, frequency diversity, as well as time diversity. In this paper, we treat the overall utility as the quality of service indicator and design utility functions with respect to the average transmission rate in order to simultaneously provide two services, real-time and best-effort. Since the optimal solutions are extremely computationally complex to obtain, we propose a suboptimal joint subchannel and power control algorithm that converges very fast and simplifies the MIMO resource allocation problem into a single-input single-output resource allocation problem. Simulation results indicate that using the proposed method achieves near-optimum solutions, and the available resources are distributed more fairly among users.

The Role for Discretionary Fiscal Policy in a Low Interest Rate Environment

OpenAIRE

Martin Feldstein

2002-01-01

Although there is now widespread agreement in the economics profession that discretionary counter-cyclical'fiscal policy has not contributed to economic stability and may have actually been destabilizing at particular times in the past, there is one important condition when discretionary fiscal policy can play a constructive role: in a sustained downturn when aggregate demand and interest rates are low and when prices are falling or may soon be falling. This short note begins by summarizing t...

Higher Mortality in registrants with sudden model for end-stage liver disease increase: Disadvantaged by the current allocation policy.

Science.gov (United States)

Massie, Allan B; Luo, Xun; Alejo, Jennifer L; Poon, Anna K; Cameron, Andrew M; Segev, Dorry L

2015-05-01

Liver allocation is based on current Model for End-Stage Liver Disease (MELD) scores, with priority in the case of a tie being given to those waiting the longest with a given MELD score. We hypothesized that this priority might not reflect risk: registrants whose MELD score has recently increased receive lower priority but might have higher wait-list mortality. We studied wait-list and posttransplant mortality in 69,643 adult registrants from 2002 to 2013. By likelihood maximization, we empirically defined a MELD spike as a MELD increase ≥ 30% over the previous 7 days. At any given time, only 0.6% of wait-list patients experienced a spike; however, these patients accounted for 25% of all wait-list deaths. Registrants who reached a given MELD score after a spike had higher wait-list mortality in the ensuing 7 days than those with the same resulting MELD score who did not spike, but they had no difference in posttransplant mortality. The spike-associated wait-list mortality increase was highest for registrants with medium MELD scores: specifically, 2.3-fold higher (spike versus no spike) for a MELD score of 10, 4.0-fold higher for a MELD score of 20, and 2.5-fold higher for a MELD score of 30. A model incorporating the MELD score and spikes predicted wait-list mortality risk much better than a model incorporating only the MELD score. Registrants with a sudden MELD increase have a higher risk of short-term wait-list mortality than is indicated by their current MELD score but have no increased risk of posttransplant mortality; allocation policy should be adjusted accordingly. © 2015 American Association for the Study of Liver Diseases.

Residency Allocation Database

Data.gov (United States)

Department of Veterans Affairs — The Residency Allocation Database is used to determine allocation of funds for residency programs offered by Veterans Affairs Medical Centers (VAMCs). Information...

Sustainability in health care by allocating resources effectively (SHARE) 4: exploring opportunities and methods for consumer engagement in resource allocation in a local healthcare setting.

Science.gov (United States)

Harris, Claire; Ko, Henry; Waller, Cara; Sloss, Pamela; Williams, Pamela

2017-05-05

This is the fourth in a series of papers reporting a program of Sustainability in Health care by Allocating Resources Effectively (SHARE) in a local healthcare setting. Healthcare decision-makers have sought to improve the effectiveness and efficiency of services through removal or restriction of practices that are unsafe or of little benefit, often referred to as 'disinvestment'. A systematic, integrated, evidence-based program for disinvestment was being established within a large Australian health service network. Consumer engagement was acknowledged as integral to this process. This paper reports the process of developing a model to integrate consumer views and preferences into an organisation-wide approach to resource allocation. A literature search was conducted and interviews and workshops were undertaken with health service consumers and staff. Findings were drafted into a model for consumer engagement in resource allocation which was workshopped and refined. Although consumer engagement is increasingly becoming a requirement of publicly-funded health services and documented in standards and policies, participation in organisational decision-making is not widespread. Several consistent messages for consumer engagement in this context emerged from the literature and consumer responses. Opportunities, settings and activities for consumer engagement through communication, consultation and participation were identified within the resource allocation process. Sources of information regarding consumer values and perspectives in publications and locally-collected data, and methods to use them in health service decision-making, were identified. A model bringing these elements together was developed. The proposed model presents potential opportunities and activities for consumer engagement in the context of resource allocation.

The effectiveness of policy changes designed to increase the attendance rate for outpatient retinopathy of prematurity (ROP) screening examinations.

Science.gov (United States)

Barry, Gerard P; Tauber, Kate; Emmanuel, Gregory; Horgan, Michael J; Simon, John W

2013-06-01

To determine the effectiveness of a series of policy changes designed to increase the attendance rate for outpatient retinopathy of prematurity (ROP) screening examinations. We retrospectively reviewed the records of consecutive neonatal intensive care unit patients before and after the implementation of policy changes. Policy changes included parent education forms, streamlined scheduling, and creation of a log for all patients seen. The primary outcome measure was attendance rates for the first outpatient appointment after discharge. The Fisher exact test was used to compare rates between the two groups. Before the policy was implemented, 22 of 52 (42%) neonates and their caregivers attended their first outpatient ROP screening examination on the recommended date. This rate improved significantly after policy implementation, when 46 of 57 (81%) neonates and their caregivers were seen on the recommended date (P attendance rates for initial outpatient ROP examinations and the number of patients who ultimately met criteria for conclusion of acute retinal screening examinations significantly improved after the implementation of new policies. Copyright © 2013 American Association for Pediatric Ophthalmology and Strabismus. Published by Mosby, Inc. All rights reserved.

Shedding light on solar technologies-A techno-economic assessment and its policy implications

International Nuclear Information System (INIS)

Peters, Michael; Schmidt, Tobias S.; Wiederkehr, David; Schneider, Malte

2011-01-01

Solar power technologies will have to become a major pillar in the world's future energy system to combat climate change and resource depletion. However, it is unclear which solar technology is and will prove most viable. Therefore, a comprehensive comparative assessment of solar technologies along the key quantitative and qualitative competitiveness criteria is needed. Based on a literature review and detailed techno-economic modeling for 2010 and 2020 in five locations, we provide such an assessment for the three currently leading large-scale solar technologies. We show that today these technologies cannot yet compete with conventional forms of power generation but approach competitiveness around 2020 in favorable locations. Furthermore, from a global perspective we find that none of the solar technologies emerges as a clear winner and that cost of storing energy differs by technology and can change the order of competitiveness in some instances. Importantly, the competitiveness of the different technologies varies considerably across locations due to differences in, e.g., solar resource and discount rates. Based on this analysis, we discuss policy implications with regard to fostering the diffusion of solar technologies while increasing the efficiency of policy support through an adequate geographical allocation of solar technologies. - Highlights: → We conduct a comprehensive comparative assessment of solar technologies (CSP/PV). → While solar technologies approach competitiveness in 2020, no clear winner emerges. → Solar resource and discount rate heavily impact competitiveness of solar technologies. → Adequate geographical allocation of solar technologies increases policy efficiency. → Focus on key cost down levers and strategic co-benefits of solar technologies needed.

From efficacy to equity: Literature review of decision criteria for resource allocation and healthcare decisionmaking

NARCIS (Netherlands)

Guindo, L.A.; Wagner, M.; Baltussen, R.; Rindress, D.; van Til, Janine Astrid; Kind, P.; Goetghebeur, M.

2012-01-01

Objectives Resource allocation is a challenging issue faced by health policy decisionmakers requiring careful consideration of many factors. Objectives of this study were to identify decision criteria and their frequency reported in the literature on healthcare decisionmaking. Method An extensive

China's Exchange Rate Policy : The Case Against Abandoning the Dollar PEG

NARCIS (Netherlands)

Laurenceson, J.; Qin, F.

2005-01-01

This paper critically evaluates the policy literature surrounding China's exchange rate regime.It first discusses several popularly raised contentions in relation to the dollar peg employed by China, which in fact are poorly grounded in evidence.These include notions that the RMB is clearly

Impact of Carbon Quota Allocation Mechanism on Emissions Trading: An Agent-Based Simulation

Directory of Open Access Journals (Sweden)

Wei Jiang

2016-08-01

Full Text Available This paper establishes an agent-based simulation system of the carbon emissions trading in accordance with the complex feature of the trading process. This system analyzes the impact of the carbon quota allocation mechanism on emissions trading for three different aspects including the amount of emissions reduction, the economic effect on the emitters, and the emissions reduction cost. Based on the data of the carbon emissions of different industries in China, several simulations were made. The results indicate that the emissions trading policy can effectively reduce carbon emissions in a perfectly competitive market. Moreover, by comparing separate quota allocation mechanisms, we obtain the result that the scheme with a small extent quota decrease in a comprehensive allocation mechanism can minimize the unit carbon emission cost. Implementing this scheme can also achieve minimal effects of carbon emissions limitation on the economy on the basis that the environment is not destroyed. However, excessive quota decrease cannot promote the emitters to reduce emission. Taking into account that several developing countries have the dual task of limiting carbon emissions and developing the economy, it is necessary to adopt a comprehensive allocation mechanism of the carbon quota and increase the initial proportion of free allocation.

Effects of interest and exchange rate policies on Brazilian exports

Directory of Open Access Journals (Sweden)

Cláudia Maria Sonaglio

2016-01-01

Full Text Available In heterodox literature, the industrial sector is considered strategic for economic development. Consequently, reducing the contribution of this sector in the production of the country before it has reached the stage of economic maturity, affects the productive dynamics and slow technical progress. The appreciation of the real exchange rate is seen as one of the factors responsible for the reduction of the external competitiveness of Brazilian manufactures, and this exchange rate valuation may be occurring due to the differences between domestic and international interest rates. Given this context, the aim of this study is to evaluate the impact of changes in the monetary and exchange rate policy and in the composition of the total exports on the performance of the Brazilian economy using a structuralist model. The results reinforce the importance of the manufacturing sector to economic growth, especially in a competitive exchange rate environment.

Intrahousehold Bargaining and Resource Allocation in Developing Countries-super-1

OpenAIRE

Cheryl Doss

2013-01-01

Many key development outcomes depend on women s ability to negotiate favorable intrahousehold allocations of resources. Yet it has been difficult to clearly identify which policies can increase women's bargaining power and result in better outcomes. This paper reviews both the analytical frameworks and the empirical evidence on the importance of women's bargaining power. It argues that there is sufficient evidence from rigorous studies to conclude that women's bargaining power does affect out...

The vouchers scheme as a mechanism of public support allocation in theory and practice

OpenAIRE

Marek Pavlík

2013-01-01

Sport support at the municipal level has a long tradition, especially in Europe. Youth involvement to the sport is usually one of the important aspects of grant policies. There are questions regarding how to allocate public resources more efficiently and how to increase youth participation in sport. We analyze the sport vouchers as a tool for increasing transparency and efficiency as well as the involvement of youth and their parents in sport policy at the local level. Vouchers typically tran...

How a new funding model will shift allocations from the Global Fund to Fight AIDS, tuberculosis, and malaria.

Science.gov (United States)

Fan, Victoria Y; Glassman, Amanda; Silverman, Rachel L

2014-12-01

Policy makers deciding how to fund global health programs in low- and middle-income countries face important but difficult questions about how to allocate resources across countries. In this article we present a typology of three allocation methodologies to align allocations with priorities. We then apply our typology to the Global Fund to Fight AIDS, Tuberculosis, and Malaria. We examined the Global Fund's historical HIV allocations and its predicted allocations under a new funding model that creates an explicit allocation methodology. We found that under the new funding model, substantial shifts in the Global Fund's portfolio are likely to result from concentrating resources in countries with more HIV cases and lower per capita incomes. For example, South Africa, which had 15.8 percent of global HIV cases in 2009, could see its Global Fund HIV funding more than triple, from historic levels that averaged 3.0 percent to 9.7 percent of total Global Fund allocations. The new funding model methodology is expected, but not guaranteed, to improve the efficiency of Global Fund allocations in comparison to historical practice. We conclude with recommendations for the Global Fund and other global health donors to further develop their allocation methodologies and processes to improve efficiency and transparency. Project HOPE—The People-to-People Health Foundation, Inc.

Optimal static allocation decisions in the presence of portfolio insurance

OpenAIRE

Goltz, Felix; Martellini, Lionel; Şimşek, Koray Deniz; Simsek, Koray Deniz

2008-01-01

The focus of this paper is to determine what fraction a myopic risk-averse investor should allocate to investment strategies with convex exposure to stock market returns in a general economy with stochastically time-varying interest rates and equity risk premium. Our conclusion is that typical investors should optimally allocate a sizable fraction of their portfolio to such portfolio insurance strategies, and the associated utility gains are significant. While the fact that static investors w...

A Stochastic Location-Allocation Model for Specialized Services in a Multihospital System

Directory of Open Access Journals (Sweden)

Khadijeh Naboureh

2016-01-01

Full Text Available Rising costs, increasing demand, wasteful spending, and limited resources in the healthcare industry lead to an increasing pressure on hospital administrators to become as efficient as possible in all aspects of their operations including location-allocation. Some promising strategies for tackling these challenges are joining some hospitals to form multihospital systems (MHSs, specialization, and using the benefits of pooling resources. We develop a stochastic optimization model to determine the number, capacity, and location of hospitals in a MHS offering specialized services while they leverage benefits of pooling resources. The model minimizes the total cost borne by the MHS and its patients and incorporates patient service level, patient retention rates, and type of demand. Some computational analyses are carried out to gauge the benefits of optimally sharing resources for delivering specialized services across a subset of hospitals in the MHS against complete decentralization (CD and full centralization (FC policies.

New resource allocation scheme for cognitive relay networks with opportunistic access

KAUST Repository

Zafar, Ammar

2012-06-01

In this paper, a new resource allocation scheme to minimize Symbol Error rate (SER) for relay assisted cognitive radio networks is studied. A cognitive relay network with amplify-and-forward (AF) fixed gain relays and opportunistic access to the licensed spectrum is considered. The SER objective function and the optimization constraints are derived first. The resource allocation algorithm is then derived using the Langrangian multiplier method. Closed form expressions are derived for the source and relay powers and, symbol time. Analytical results show that the optimal power allocation follows an extended water-filling solution. © 2012 IEEE.

Joint Resource Allocation for Dual - Band Heterogeneous Wireless Network

DEFF Research Database (Denmark)

Adeogun, Ramoni

2018-01-01

In this paper, we investigate downlink resource allocation in two-tier OFDMA heterogeneous networks comprising a macrocell transmitting at a microwave frequency and dual band small cells utilizing both microwave and millimeter wave frequencies. A non - cooperative game theoretic approach...... is proposed for adaptively switching the SC transmission frequency based on the location of small cell users and interference to macrocell users. We propose a resource allocation approach which maximizes the sum rate of small cell users while minimizing interference to macrocell users and the total power...

A novel evaluation of heat-electricity cost allocation in cogenerations based on entropy change method

International Nuclear Information System (INIS)

Ye, Xuemin; Li, Chunxi

2013-01-01

As one of the most significant measures to improve energy utilization efficiency and save energy, cogeneration or combined heat and power (CHP) has been widely applied and promoted with positive motivations in many countries. A rational cost allocation model should indicate the performance of cogenerations and balance the benefits between electricity generation and heat production. Based on the second law of thermodynamics, the present paper proposes an entropy change method for cost allocation by choosing exhaust steam entropy as a datum point, and the new model works in conjunction with entropy change and irreversibility during energy conversion processes. The allocation ratios of heat cost with the present and existing methods are compared for different types of cogenerations. Results show that the allocation ratios with the entropy change method are more rational and the cost allocation model can make up some limitations involved in other approaches. The future energy policies and innovational directions for cogenerations and heat consumers should be developed. - Highlights: • A rational model of cogeneration cost allocation is established. • Entropy change method integrates the relation of entropy change and exergy losses. • The unity of measuring energy quality and quantity is materialized. • The benefits between electricity generation and heat production are balanced

Land-Acquisition and Resettlement (LAR Conflicts: A Perspective of Spatial Injustice of Urban Public Resources Allocation

Directory of Open Access Journals (Sweden)

Jinxia Zhu

2018-03-01

Full Text Available Land acquisition and resettlement (LAR is an important step in urban development. As one of the ‘externalities of development’, LAR conflicts have affected social stability and development in rural areas of China. With social conflict research shifting from value identity to resource allocation, few studies have examined the relationship between the spatial injustice of urban public resources and LAR conflict. To mitigate this research gap and formulate effective policies, this study aims to reinterpret the obstacles of LAR conflicts from the perspective of the spatial injustice of urban public facilities allocation in Hangzhou City by examining 195 administrative litigation cases. Spatial accessibility was used for estimating the spatial justice of urban public resources allocation. A classification and regression tree (CART model was applied to identify the advantage and disadvantage factors behind LAR conflict, and explored the logical and structural relationships among these factors. Results showed that a spatial mismatch between the spatial behavior preferences of human activity and the spatial injustice of urban public resources allocation had significantly accelerated LAR conflicts. When the spatial behavior preferences of human activity and spatial distribution of urban public resources correspond to each other pre- and after LAR, basic rights to social space are safeguarded and various groups can equitably share spatial resources. There are no conflicts. Conversely, respondents expressed a high level of dissatisfaction in comparison to their pre-LAR conditions, and LAR conflict undeniably occurs. This approach also proposes some good LAR policies by regulating the spatial injustice of urban public resources allocation associated with LAR with the aim of long-term urban sustainable development for Hangzhou.

Methodology for reliability allocation based on fault tree analysis and dualistic contrast

Institute of Scientific and Technical Information of China (English)

TONG Lili; CAO Xuewu

2008-01-01

Reliability allocation is a difficult multi-objective optimization problem.This paper presents a methodology for reliability allocation that can be applied to determine the reliability characteristics of reactor systems or subsystems.The dualistic contrast,known as one of the most powerful tools for optimization problems,is applied to the reliability allocation model of a typical system in this article.And the fault tree analysis,deemed to be one of the effective methods of reliability analysis,is also adopted.Thus a failure rate allocation model based on the fault tree analysis and dualistic contrast is achieved.An application on the emergency diesel generator in the nuclear power plant is given to illustrate the proposed method.

The role of physical formidability in human social status allocation.

Science.gov (United States)

Lukaszewski, Aaron W; Simmons, Zachary L; Anderson, Cameron; Roney, James R

2016-03-01

Why are physically formidable men willingly allocated higher social status by others in cooperative groups? Ancestrally, physically formidable males would have been differentially equipped to generate benefits for groups by providing leadership services of within-group enforcement (e.g., implementing punishment of free riders) and between-group representation (e.g., negotiating with other coalitions). Therefore, we hypothesize that adaptations for social status allocation are designed to interpret men's physical formidability as a cue to these leadership abilities, and to allocate greater status to formidable men on this basis. These hypotheses were supported in 4 empirical studies wherein young adults rated standardized photos of subjects (targets) who were described as being part of a white-collar business consultancy. In Studies 1 and 2, male targets' physical strength positively predicted ratings of their projected status within the organization, and this effect was mediated by perceptions that stronger men possessed greater leadership abilities of within-group enforcement and between-group representation. Moreover, (a) these same patterns held whether status was conceptualized as overall ascendancy, prestige-based status, or dominance-based status, and (b) strong men who were perceived as aggressively self-interested were not allocated greater status. Finally, 2 experiments established the causality of physical formidability's effects on status-related perceptions by manipulating targets' relative strength (Study 3) and height (Study 4). In interpreting our findings, we argue that adaptations for formidability-based status allocation may have facilitated the evolution of group cooperation in humans and other primates. (PsycINFO Database Record (c) 2016 APA, all rights reserved).

Sex allocation promotes the stable co-occurrence of competitive species

Science.gov (United States)

Kobayashi, Kazuya

2017-03-01

Biodiversity has long been a source of wonder and scientific curiosity. Theoretically, the co-occurrence of competitive species requires niche differentiation, and such differences are well known; however, the neutral theory, which assumes the equivalence of all individuals regardless of the species in a biological community, has successfully recreated observed patterns of biodiversity. In this research, the evolution of sex allocation is demonstrated to be the key to resolving why the neutral theory works well, despite the observed species differences. The sex allocation theory predicts that female-biased allocation evolves in species in declining density and that this allocation improves population growth, which should lead to an increase in density. In contrast, when the density increases, a less biased allocation evolves, which reduces the population growth rate and leads to decreased density. Thus, sex allocation provides a buffer against species differences in population growth. A model incorporating this mechanism demonstrates that hundreds of species can co-occur over 10,000 generations, even in homogeneous environments, and reproduces the observed patterns of biodiversity. This study reveals the importance of evolutionary processes within species for the sustainability of biodiversity. Integrating the entire biological process, from genes to community, will open a new era of ecology.

When time is more than money: the allocation of time between work and leisure in HIV-infected patients.

Science.gov (United States)

Sendi, Pedram; Brouwer, Werner B F; Bucher, Heiner C; Weber, Rainer; Battegay, Manuel

2007-06-01

Time is a limited resource and individuals have to decide how many hours they should allocate to work and to leisure activities. Differences in wage rate or availability of non-labour income (financial support from families and savings) may influence how individuals allocate their time between work and leisure. An increase in wage rate may induce income effects (leisure time demanded increases) and substitution effects (leisure time demanded decreases) whereas an increase in non-labour income only induces income effects. We explored the effects of differences in wage rate and non-labour income on the allocation of time in HIV-infected patients. Patients enrolled in the Swiss HIV Cohort Study (SHCS) provided information on their time allocation, i.e. number of hours worked in 1998. A multinomial logistic regression model was used to test for income and substitution effects. Our results indicate that (i) the allocation of time in HIV-infected patients does not differ with level of education (i.e., wage rate), and that (ii) availability of non-labour income induces income effects, i.e. individuals demand more leisure time.

Policy and Strategies for Environmental Remediation

International Nuclear Information System (INIS)

2015-01-01

In the environmental remediation of a given site, concerned and interested parties have diverse and often conflicting interests with regard to remediation goals, the time frames involved, reuse of the site, the efforts necessary and cost allocation. An environmental remediation policy is essential for establishing the core values on which remediation is to be based. It incorporates a set of principles to ensure the safe and efficient management of remediation situations. Policy is mainly established by the national government and may become codified in the national legislative system. An environmental remediation strategy sets out the means for satisfying the principles and requirements of the national policy. It is normally established by the relevant remediation implementer or by the government in the case of legacy sites. Thus, the national policy may be elaborated in several different strategies. To ensure the safe, technically optimal and cost effective management of remediation situations, countries are advised to formulate an appropriate policy and strategies. Situations involving remediation include remediation of legacy sites (sites where past activities were not stringently regulated or adequately supervised), remediation after emergencies (nuclear and radiological) and remediation after planned ongoing operation and decommissioning. The environmental policy involves the principles of justification, optimization of protection, protection of future generations and the environment, efficiency in the use of resources, and transparent interaction with stakeholders. A typical policy will also take into account the national legal framework and institutional structure and applicable international conventions while providing for the allocation of responsibilities and resources, in addition to safety and security objectives and public information and participation in the decision making process. The strategy reflects and elaborates the goals and requirements set

The IMF’s High Interest Rate Policy and Its Effects on the Stabilization of the Korean Won

Directory of Open Access Journals (Sweden)

Tae-Joon Kim

2000-03-01

Full Text Available There has been a lively debate whether high interest rates were effective in stabilizing the exchange rate in the wake of the Asian currency crisis. Many economists insist that high interest rates not only failed to stabilize the Korean won, but also exacerbated the crisis itself. This paper tries to shed light on this problem by providing empirical evidence from the high interest rate period. (1997. 12. 3 ? 1998. 4. 8 If possible channels whereby interest rates may affect exchange rates are examined, the high interest rate policy scores well. It accommodated net capital inflow by satisfying the interest rate parity condition. Also it helped rebuild credibility of the policy stance. While the negative impact of high interest rates on the private sector cannot be denied, the role of credit crunch needs to be recognized together. Next, the dynamic interaction between interest rates and exchange rates is analyzed using a vector error correction model composed of interest rate differential, spot and forward exchange rates, and country risk premium. The estimation result shows that a 10% point rise in domestic interest rate appreciates the Korean won by 25%. In addition, the country risk premium considerably falls down. In sum, it may be concluded that the high interest rate policy was effective in achieving its goal of stabilizing exchange rates.

Comparison of model microbial allocation parameters in soils of varying texture

Science.gov (United States)

Hagerty, S. B.; Slessarev, E.; Schimel, J.

2017-12-01

The soil microbial community decomposes the majority of carbon (C) inputs to the soil. However, not all of this C is respired—rather, a substantial portion of the carbon processed by microbes may remain stored in the soil. The balance between C storage and respiration is controlled by microbial turnover rates and C allocation strategies. These microbial community properties may depend on soil texture, which has the potential to influence both the nature and the fate of microbial necromass and extracellular products. To evaluate the role of texture on microbial turnover and C allocation, we sampled four soils from the University of California's Hastings Reserve that varied in texture (one silt loam, two sandy loam, and on clay soil), but support similar grassland plant communities. We added 14C- glucose to the soil and measured the concentration of the label in the carbon dioxide (CO2), microbial biomass, and extractable C pools over 7 weeks. The labeled biomass turned over the slowest in the clay soil; the concentration of labeled biomass was more than 1.5 times the concentration of the other soils after 8 weeks. The clay soil also had the lowest mineralization rate of the label, and mineralization slowed after two weeks. In contrast, in the sandier soils mineralization rates were higher and did not plateau until 5 weeks into the incubation period. We fit the 14C data to a microbial allocation model and estimated microbial parameters; assimilation efficiency, exudation, and biomass specific respiration and turnover for each soil. We compare these parameters across the soil texture gradient to assess the extent to which models may need to account for variability in microbial C allocation across soils of different texture. Our results suggest that microbial C turns over more slowly in high-clay soils than in sandy soils, and that C lost from microbial biomass is retained at higher rates in high-clay soils. Accounting for these differences in microbial allocation

Optimal JPWL Forward Error Correction Rate Allocation for Robust JPEG 2000 Images and Video Streaming over Mobile Ad Hoc Networks

Directory of Open Access Journals (Sweden)

Benoit Macq

2008-07-01

Full Text Available Based on the analysis of real mobile ad hoc network (MANET traces, we derive in this paper an optimal wireless JPEG 2000 compliant forward error correction (FEC rate allocation scheme for a robust streaming of images and videos over MANET. The packet-based proposed scheme has a low complexity and is compliant to JPWL, the 11th part of the JPEG 2000 standard. The effectiveness of the proposed method is evaluated using a wireless Motion JPEG 2000 client/server application; and the ability of the optimal scheme to guarantee quality of service (QoS to wireless clients is demonstrated.

Donor policy rules and aid effectiveness

DEFF Research Database (Denmark)

Dalgaard, Carl-Johan Lars

2008-01-01

The present paper examines the macroeconomic impact of aid, by introducing endogenous aid allocations into a neoclassical growth framework. On this basis it is shown that donor policies can have important implications for the trajectory of recipients' GDP per capita. Depending on specific donor...... policy choices, aid disbursements may lead to faster transitional growth, stagnation or cyclical growth. Moreover, the analysis also suggests that donor policies may be part of the reason why foreign aid is not found to be uniformly effective in raising long-run productivity across recipients...

Identification of Liver Transplant Candidates with Hepatocellular Carcinoma and Very Low Dropout Risk: Implications for the Current Organ Allocation Policy

Science.gov (United States)

Mehta, Neil; Dodge, Jennifer L.; Goel, Aparna; Roberts, John P.; Hirose, Ryutaro; Yao, Francis Y.

2013-01-01

It has been shown that patients with hepatocellular carcinoma (HCC) meeting UNOS T2 (Milan) criteria are advantaged compared to patients without HCC under the current organ allocation system for liver transplant (LT). We hypothesize that within T2 HCC, there is a subgroup with a low risk of waitlist dropout, and should not receive the same listing priority. This study evaluated 398 consecutive patients with T2 HCC listed for LT with MELD exception from 2005 to 2010 at our center. Competing risk (CR) regression was used to determine predictors of dropout. Probabilities of dropout due to tumor progression or death without LT by CR analysis were 9.4% at 6 months and 19.6% at 12 months. The median time from listing to LT was 8.8 months, and from listing to dropout or death without LT was 7.2 months. Significant predictors of dropout or death without LT by multivariate CR regression included 1 tumor 3–5 cm (vs. ≤3 cm), 2 or 3 tumors, lack of a complete response to first loco-regional therapy (LRT), and high alpha-fetoprotein (AFP) after the first LRT. A subgroup (19.9%) meeting the following criteria: 1 tumor 2 to 3 cm, complete response after first LRT, and AFP ≤20 ng/mL after first LRT, had 1- and 2-year probabilities of dropout of 1.3% and 1.6%, respectively, compared to 21.6% and 26.5% for all other patients (p=0.004). In conclusion, a combination of tumor characteristics and complete response to the first LRT define a subgroup of patients with a very low risk of waitlist dropout who does not require the same listing priority. Our results may have important implications for the organ allocation policy for HCC. PMID:24285611

A novel frame-level constant-distortion bit allocation for smooth H.264/AVC video quality

Science.gov (United States)

Liu, Li; Zhuang, Xinhua

2009-01-01

It is known that quality fluctuation has a major negative effect on visual perception. In previous work, we introduced a constant-distortion bit allocation method [1] for H.263+ encoder. However, the method in [1] can not be adapted to the newest H.264/AVC encoder directly as the well-known chicken-egg dilemma resulted from the rate-distortion optimization (RDO) decision process. To solve this problem, we propose a new two stage constant-distortion bit allocation (CDBA) algorithm with enhanced rate control for H.264/AVC encoder. In stage-1, the algorithm performs RD optimization process with a constant quantization QP. Based on prediction residual signals from stage-1 and target distortion for smooth video quality purpose, the frame-level bit target is allocated by using a close-form approximations of ratedistortion relationship similar to [1], and a fast stage-2 encoding process is performed with enhanced basic unit rate control. Experimental results show that, compared with original rate control algorithm provided by H.264/AVC reference software JM12.1, the proposed constant-distortion frame-level bit allocation scheme reduces quality fluctuation and delivers much smoother PSNR on all testing sequences.

Cost allocation with limited information

DEFF Research Database (Denmark)

Hougaard, Jens Leth; Tind, Jørgen

This article investigates progressive development of Aumann-Shapley cost allocation in a multilevel organizational or production structure. In particular, we study a linear parametric programming setup utilizing the Dantzig-Wolfe decomposition procedure. Typically cost allocation takes place after...... all activities have been performed, for example by finishing all outputs. Here the allocation is made progressively with suggestions for activities. I other words cost allocation is performed in parallel for example with a production planning process. This development does not require detailed...... information about some technical constraints in order to make the cost allocation....

Risk capital allocation

DEFF Research Database (Denmark)

Hougaard, Jens Leth; Smilgins, Aleksandrs

Risk capital allocation problems have been widely discussed in the academic literature. We consider a company with multiple subunits having individual portfolios. Hence, when portfolios of subunits are merged, a diversification benefit arises: the risk of the company as a whole is smaller than...... the sum of the risks of the individual sub-units. The question is how to allocate the risk capital of the company among the subunits in a fair way. In this paper we propose to use the Lorenz set as an allocation method. We show that the Lorenz set is operational and coherent. Moreover, we propose a set...... of new axioms related directly to the problem of risk capital allocation and show that the Lorenz set satisfies these new axioms in contrast to other well-known coherent methods. Finally, we discuss how to deal with non-uniqueness of the Lorenz set....

Examining Charter School Policy and Public School District Resource Allocation in Ohio

Science.gov (United States)

Linick, Matthew A.

2016-01-01

This project focuses on the competitive pressure, or the threat of competitive pressure, generated by charter school policy. This paper uses longitudinal district-level data and multiple quasi-experimental designs to examine the relationship between two Ohio charter school policies and changes in public school district instructional resource…

Some dynamic resource allocation problems in wireless networks

Science.gov (United States)

Berry, Randall

2001-07-01

We consider dynamic resource allocation problems that arise in wireless networking. Specifically transmission scheduling problems are studied in cases where a user can dynamically allocate communication resources such as transmission rate and power based on current channel knowledge as well as traffic variations. We assume that arriving data is stored in a transmission buffer, and investigate the trade-off between average transmission power and average buffer delay. A general characterization of this trade-off is given and the behavior of this trade-off in the regime of asymptotically large buffer delays is explored. An extension to a more general utility based quality of service definition is also discussed.

Equity in the allocation of public sector financial resources in low- and middle-income countries: a systematic literature review.

Science.gov (United States)

Anselmi, Laura; Lagarde, Mylene; Hanson, Kara

2015-05-01

This review aims to identify, assess and analyse the evidence on equity in the distribution of public health sector expenditure in low- and middle-income countries. Four bibliographic databases and five websites were searched to identify quantitative studies examining equity in the distribution of public health funding in individual countries or groups of countries. Two different types of studies were identified: benefit incidence analysis (BIA) and resource allocation comparison (RAC) studies. Quality appraisal and data synthesis were tailored to each study type to reflect differences in the methods used and in the information provided. We identified 39 studies focusing on African, Asian and Latin American countries. Of these, 31 were BIA studies that described the distribution, typically across socio-economic status, of individual monetary benefit derived from service utilization. The remaining eight were RAC studies that compared the actual expenditure across geographic areas to an ideal need-based distribution. Overall, the quality of the evidence from both types of study was relatively weak. Looking across studies, the evidence confirms that resource allocation formulae can enhance equity in resource allocation across geographic areas and that the poor benefits proportionally more from primary health care than from hospital expenditure. The lack of information on the distribution of benefit from utilization in RAC studies and on the countries' approaches to resource allocation in BIA studies prevents further policy analysis. Additional research that relates the type of resource allocation mechanism to service provision and to the benefit distribution is required for a better understanding of equity-enhancing resource allocation policies. Published by Oxford University Press in association with The London School of Hygiene and Tropical Medicine © The Author 2014; all rights reserved.

A novel power and offset allocation method for spatial multiplexing MIMO Systems in optical wireless channels

KAUST Repository

Park, Kihong

2011-12-01

We consider optical wireless communication which can be utilized for illumination and communication by relying on lighting devices. Due to the limited bandwidth of optical sources, it is challenging to achieve high data rate in optical wireless systems. In order to obtain a multiplexing gain and high spectral efficiency, we design an optical multi-input multi-output (MIMO) system utilizing a singular value decomposition-based spatial multiplexing and adaptive modulation. We note that the conventional allocation method in radio frequency MIMO channels cannot be applied directly to the optical intensity channels. In this paper, we generalize the result of power allocation method in [1] for arbitrary number of transmit and receive antennas in optical wireless MIMO systems. Based on three constraints, namely, the nonnegativity, the aggregate optical power, and the bit error rate requirement, we propose a novel method to allocate the optical power, the offset value, and the modulation size for maximum sum rate. From some selected simulation results, we show that our proposed allocation method gives a better spectral efficiency than the method that allocates the optical power equally for each data stream. © 2011 IEEE.

Affective Policy Performance Evaluation Model: A Case of an International Trade Policy Implementation

Directory of Open Access Journals (Sweden)

Inwon Kang

2018-01-01

Full Text Available Firms often superficially adopt policies because of governmental rules and regulations, so as to avoid penalties or to gain benefits. However, the evaluation and characterization of those kinds of adoptions as policy performance distorts the true level of policy performance: social sustainability. This study proposes an affective policy performance evaluation model. The attitudes of employees toward adopting a policy are characterized into genuine and superficial compliance. Their behaviors are explained through voluntary and opportunistic adoptions. In order to validate the proposed model, a survey was conducted on an international trade policy target group (n = 216 for the Strategic Trade Control System (STCS, in order to understand their attitudes toward adopting the policy. The survey data was analyzed by a structural equation modeling method. The measures of the factors in the proposed model are adopted and modified from existing studies. The most effective resources of policy implementation on the firms’ genuine and superficial compliance and ultimately on the firms’ voluntary policy adoption are revealed through the analysis. Based on the results, this study presents a strategy for allocating and managing policy implementation resources to exclusively encourage firms’ trade policy adoptions.

Conflicts about water: a case study about conflict and contest in Dutch rural policy

NARCIS (Netherlands)

Boonstra, W.J.; Frouws, J.

2005-01-01

The Dutch countryside forms the scene for pressing problems of management and allocation of land and water. These problems underscore the need for comprehensive rural policies. For that purpose, area-based rural policy has been initiated. This new policy is part of a larger policy shift, labelled in

Exchange rate policy

Directory of Open Access Journals (Sweden)

Plačkov Slađana

2013-01-01

Full Text Available Small oscillations of exchange rate certainly affect the loss of confidence in the currency (Serbian dinar, CSD and because of the shallow market even the smallest change in the supply and demand leads to a shift in exchange rate and brings uncertainty. Some economists suggest that the course should be linked to inflation and thus ensure predictable and stable exchange rates. Real exchange rate or slightly depressed exchange rate will encourage the competitiveness of exporters and perhaps ensure the development of new production lines which, in terms of overvalued exchange rate, had no economic justification. Fixed exchange rate will bring lower interest rates, lower risk and lower business uncertainty (uncertainty avoidance, but Serbia will also reduce foreign exchange reserves by following this trend. On the other hand, a completely free exchange rate, would lead to a (real fall of Serbian currency, which in a certain period would lead to a significant increase in exports, but the consequences for businessmen and citizens with loans pegged to the euro exchange rate, would be disastrous. We will pay special attention to the depreciation of the exchange rate, as it is generally favorable to the export competitiveness of Serbia and, on the other hand, it leads to an increase in debt servicing costs of the government as well as of the private sector. Oscillations of the dinar exchange rate, appreciation and depreciation, sometimes have disastrous consequences on the economy, investors, imports and exports. In subsequent work, we will observe the movement of the dinar exchange rate in Serbia, in the time interval 2009-2012, in order to strike a balance and maintain economic equilibrium. A movement of foreign currencies against the local currency is controlled in the foreign exchange market, so in case economic interests require, The National Bank of Serbia (NBS, on the basis of arbitrary criteria, can intervene in the market.

The Effect of a Reduced Allowance and Pension Taper Rate: Policy Simulations Using the Melbourne Institute Tax and Transfer Simulator

OpenAIRE

Guyonne Kalb; Hsein Kew

2002-01-01

This paper presents the results of two policy simulations for couples with and without children. The first policy involves a reduction of the highest withdrawal rate from 70 to 60 per cent. The second policy reduces all withdrawal rates of 70 and 50 per cent to 30 per cent. A comparison is made between the two policies to determine the magnitude of the impact on government expenditure and labour supply responses. Both policies have the effect of increasing the net income of those who are eith...

Intergenerational transfers and the social discount rate

International Nuclear Information System (INIS)

Howarth, R.B.; Norgaard, R.B.

1992-08-01

This paper investigates the relationship between intergenerational asset transfers and the choice of the discount rate for use in cost-benefit analysis in a model of a competitive overlapping generations economy constrained by a socially managed exhaustible resource. Provided that there are no distortions in capital markets and that all agents hold perfect foresight, cost-benefit techniques will result in a Pareto efficient resource allocation if the discount rate is set equal to the market rate of interest. But since the path of the interest rate depends on the level of intergenerational transfers, cost-benefit techniques do not ensure a socially desirable distribution of welfare between generations; a social optimum will result only if intergenerational transfers are properly chosen and enforced. Decentralized private altruism may result in intergenerational transfers that both present and future individuals would agree are too small if members of the present generation attach positive weight to the general welfare of future generations, not simply their personal descendants. In a world where intergenerational transfers are non-optimal, second-best policy-making may imply a constrained optimum that is inefficient. Together, these findings suggest that cost-benefit analysis is at best a partial criterion to policy formulation that should be used only in conjunction with ethical principles that define the proper distribution of welfare between present and future generations

Multimedia transmission in MC-CDMA using adaptive subcarrier power allocation and CFO compensation

Science.gov (United States)

Chitra, S.; Kumaratharan, N.

2018-02-01

Multicarrier code division multiple access (MC-CDMA) system is one of the most effective techniques in fourth-generation (4G) wireless technology, due to its high data rate, high spectral efficiency and resistance to multipath fading. However, MC-CDMA systems are greatly deteriorated by carrier frequency offset (CFO) which is due to Doppler shift and oscillator instabilities. It leads to loss of orthogonality among the subcarriers and causes intercarrier interference (ICI). Water filling algorithm (WFA) is an efficient resource allocation algorithm to solve the power utilisation problems among the subcarriers in time-dispersive channels. The conventional WFA fails to consider the effect of CFO. To perform subcarrier power allocation with reduced CFO and to improve the capacity of MC-CDMA system, residual CFO compensated adaptive subcarrier power allocation algorithm is proposed in this paper. The proposed technique allocates power only to subcarriers with high channel to noise power ratio. The performance of the proposed method is evaluated using random binary data and image as source inputs. Simulation results depict that the bit error rate performance and ICI reduction capability of the proposed modified WFA offered superior performance in both power allocation and image compression for high-quality multimedia transmission in the presence of CFO and imperfect channel state information conditions.

Macroeconomic effects of high interest rate policy: Mexico’s experience

Directory of Open Access Journals (Sweden)

Julio Lopez Gallardo

2015-09-01

Full Text Available We study the effects of the high interest rate policy implemented in Mexico under the inflation targeting (IT scheme on the price level and on GDP and its components. We specify a macroeconomic model inspired by the theory of the effective demand, and on this basis we demonstrate, through comparative statics, the complex set of relationships between the variables involved, and the chain of reactions that a shock to the interest rate is likely to provoke. Our main conclusions show that an interest rate rise may be instrumental to control inflation. However, this rise contributes to appreciate the exchange rate, which is the main channel through which inflation is tamed. Currency appreciation raises the share of wages in GDP even as it reduces the debt service of firms indebted in dollars. It follows that the interest rate rise may have, under certain conditions, an indirect positive impact on output. Thus, our results diverge from those entailed by the theory that is at the basis of the inflation-targeting strategy, and even from some contemporary non-conventional approaches.

A stream-scale model to optimize the water allocation for Small Hydropower Plants and the application to traditional systems

Science.gov (United States)

Razurel, Pierre; Niayifar, Amin; Perona, Paolo

2017-04-01

Hydropower plays an important role in supplying worldwide energy demand where it contributes to approximately 16% of global electricity production. Although hydropower, as an emission-free renewable energy, is a reliable source of energy to mitigate climate change, its development will increase river exploitation. The environmental impacts associated with both small hydropower plants (SHP) and traditional dammed systems have been found to the consequence of changing natural flow regime with other release policies, e.g. the minimal flow. Nowadays, in some countries, proportional allocation rules are also applied aiming to mimic the natural flow variability. For example, these dynamic rules are part of the environmental guidance in the United Kingdom and constitute an improvement in comparison to static rules. In a context in which the full hydropower potential might be reached in a close future, a solution to optimize the water allocation seems essential. In this work, we present a model that enables to simulate a wide range of water allocation rules (static and dynamic) for a specific hydropower plant and to evaluate their associated economic and ecological benefits. It is developed in the form of a graphical user interface (GUI) where, depending on the specific type of hydropower plant (i.e., SHP or traditional dammed system), the user is able to specify the different characteristics (e.g., hydrological data and turbine characteristics) of the studied system. As an alternative to commonly used policies, a new class of dynamic allocation functions (non-proportional repartition rules) is introduced (e.g., Razurel et al., 2016). The efficiency plot resulting from the simulations shows the environmental indicator and the energy produced for each allocation policies. The optimal water distribution rules can be identified on the Pareto's frontier, which is obtained by stochastic optimization in the case of storage systems (e.g., Niayifar and Perona, submitted) and by

Establishment of calculated panel reactive antibody and its potential benefits in improving the kidney allocation strategy in Taiwan

Directory of Open Access Journals (Sweden)

Ssu-Wen Shen

2017-12-01

Full Text Available Background/Purpose: Renal transplant candidates who are highly sensitized to human leukocyte antigens (HLAs tend to wait longer to find a matched donor and have poor outcomes. Most organ-sharing programs prioritize highly sensitized patients in the allocation scoring system. The HLA sensitization status is traditionally evaluated by the panel-reactive antibody (PRA assay. However, this assay is method dependent and does not consider the ethnic differences in HLA frequencies. A calculated PRA (cPRA, based on a population's HLA frequency and patients' unacceptable antigens (UAs, correctly estimates the percentage of donors suitable for candidates. The Taiwan Organ Registry and Sharing Center does not prioritize sensitized patients. We propose that the incorporation of the cPRA and UAs into the renal allocation program will improve the local kidney allocation policy. Methods: We established a cPRA calculator using 6146 Taiwanese HLA-A, -B, -C, -DR, and -DQ phenotypes. We performed simulated allocation based on the concept of acceptable mismatch for 76 candidates with cPRA values exceeding 80%. Results: We analyzed 138 waitlisted renal transplant candidates at our hospital, and we determined that the concordance rate of the cPRA and PRA for highly sensitized (%PRA > 80% candidates was 92.5%, which decreased to 20% for those with %PRA < 80%. We matched 76 highly sensitized patients based on acceptable mismatch with the HLA phenotypes of 93 cadaver donors. Forty-six patients (61% found at least one suitable donor. Conclusion: The application of the cPRA and acceptable mismatch can benefit highly sensitized patients and reduce positive lymphocyte cytotoxicity crossmatch. Keywords: Kidney transplantation, Human leukocyte antigen, CPRA

Analysing collaborative performance and cost allocation for the joint route planning problem

OpenAIRE

Verdonck, Lotte; Ramaekers, Katrien; Depaire, Benoît; Caris, An; Janssens, Gerrit K.

2017-01-01

Although organisations become increasingly aware of the inevitable character of horizontal collaboration, surveys report failure rates up to 70 percent for starting strategic partnerships. While a growing body of research acknowledges the importance of the partner selection and cost allocation process, no extensive study has been performed on the numerical relationship between specific company traits, applied allocation mechanisms and collaborative performance. This paper investigates the imp...

Balancing treatment allocations by clinician or center in randomized trials allows unacceptable levels of treatment prediction.

Science.gov (United States)

Hills, Robert K; Gray, Richard; Wheatley, Keith

2009-08-01

Randomized controlled trials are the standard method for comparing treatments because they avoid the selection bias that might arise if clinicians were free to choose which treatment a patient would receive. In practice, allocation of treatments in randomized controlled trials is often not wholly random with various 'pseudo-randomization' methods, such as minimization or balanced blocks, used to ensure good balance between treatments within potentially important prognostic or predictive subgroups. These methods avoid selection bias so long as full concealment of the next treatment allocation is maintained. There is concern, however, that pseudo-random methods may allow clinicians to predict future treatment allocations from previous allocation history, particularly if allocations are balanced by clinician or center. We investigate here to what extent treatment prediction is possible. Using computer simulations of minimization and balanced block randomizations, the success rates of various prediction strategies were investigated for varying numbers of stratification variables, including the patient's clinician. Prediction rates for minimization and balanced block randomization typically exceed 60% when clinician is included as a stratification variable and, under certain circumstances, can exceed 80%. Increasing the number of clinicians and other stratification variables did not greatly reduce the prediction rates. Without clinician as a stratification variable, prediction rates are poor unless few clinicians participate. Prediction rates are unacceptably high when allocations are balanced by clinician or by center. This could easily lead to selection bias that might suggest spurious, or mask real, treatment effects. Unless treatment is blinded, randomization should not be balanced by clinician (or by center), and clinician-center effects should be allowed for instead by retrospectively stratified analyses. © 2009 Blackwell Publishing Asia Pty Ltd and Chinese

75 FR 36381 - Office of Energy Policy and Innovation; Request for Comments Regarding Rates, Accounting and...

Science.gov (United States)

2010-06-25

... Energy Policy and Innovation; Request for Comments Regarding Rates, Accounting and Financial Reporting... the above-referenced docket regarding rates, accounting and financial reporting associated with... set method(s) of rate recovery, accounting and financial reporting. However, the same is not...

Allocation of CO2 emission permits-Economic incentives for emission reductions in developing countries

International Nuclear Information System (INIS)

Persson, Tobias A.; Azar, Christian; Lindgren, Kristian

2006-01-01

The economic impacts on developing regions following a global cap and trade system for carbon dioxide are assessed through the use of an energy-economy systems model. Both an equal per capita allocation and a contraction and convergence allocation with convergence of the per capita emissions by 2050 are shown to offer economic incentive for Africa, India and probably also Latin America to accept binding emissions commitments under a 450 ppm carbon dioxide stabilization scenario. The gain for Latin America is mainly a result of increased export revenues from sales of bio-fuels as a result of the climate policy. It is, on the other hand, unlikely that these allocation approaches would offer an economic incentive for China to join the regime because of its high economic growth, present higher per capita emissions than India and Africa, and more costly mitigation options than Latin America. A more stringent allocation for developing countries such as contraction with convergence of the per capita emissions by the end of this century is estimated to generate reduced net gains or increased net losses for the developing regions (though Africa is still expected to gain)

Comprehensive reliability allocation method for CNC lathes based on cubic transformed functions of failure mode and effects analysis

Science.gov (United States)

Yang, Zhou; Zhu, Yunpeng; Ren, Hongrui; Zhang, Yimin

2015-03-01

Reliability allocation of computerized numerical controlled(CNC) lathes is very important in industry. Traditional allocation methods only focus on high-failure rate components rather than moderate failure rate components, which is not applicable in some conditions. Aiming at solving the problem of CNC lathes reliability allocating, a comprehensive reliability allocation method based on cubic transformed functions of failure modes and effects analysis(FMEA) is presented. Firstly, conventional reliability allocation methods are introduced. Then the limitations of direct combination of comprehensive allocation method with the exponential transformed FMEA method are investigated. Subsequently, a cubic transformed function is established in order to overcome these limitations. Properties of the new transformed functions are discussed by considering the failure severity and the failure occurrence. Designers can choose appropriate transform amplitudes according to their requirements. Finally, a CNC lathe and a spindle system are used as an example to verify the new allocation method. Seven criteria are considered to compare the results of the new method with traditional methods. The allocation results indicate that the new method is more flexible than traditional methods. By employing the new cubic transformed function, the method covers a wider range of problems in CNC reliability allocation without losing the advantages of traditional methods.

Factors that explain how policy makers distribute resources to mental health services.

Science.gov (United States)

Corrigan, Patrick W; Watson, Amy C

2003-04-01

Advocates hope to influence the resource allocation decisions of legislators and other policy makers to capture more resources for mental health programs. Findings from social psychological research suggest factors that, if pursued, may improve advocacy efforts. In particular, allocation decisions are affected by policy makers' perceptions of the scarcity of resources, effectiveness of specific programs, needs of people who have problems that are served by these programs, and extent of personal responsibility for these problems. These perceptions are further influenced by political ideology. Conservatives are motivated by a tendency to punish persons who are perceived as having personal responsibility for their problems by withholding resources, whereas liberals are likely to avoid tough allocation decisions. Moreover, these perceptions are affected by political accountability, that is, whether politicians perceive that their constituents will closely monitor their decisions. Just as the quality of clinical interventions improves when informed by basic research on human behavior, the efforts of mental health advocates will be advanced when they understand the psychological forces that affect policy makers' decisions about resources.

EU climate policy: dividing up the commons

OpenAIRE

Juan Delgado

2007-01-01

Juan Delgado discusses the economic impact of climate change policies. The EU has committed to an ambitious climate change agenda. The challenge facing Europe now is how to meet the targets at a minimum cost and how to allocate the cost in such a way that it has a neutral impact on competitiveness. This note was presented in August 2007 to the Economic Policy Committee of the EU.

Energy policy implementation process : BC Hydro information session and workshop on stepped rates and access principles. draft ed.

International Nuclear Information System (INIS)

2003-01-01

The government of British Columbia recognizes that some changes are needed in the energy sector to promote new investment and increase trade while maintaining low power rates and environmentally responsible energy development. BC Hydro held a workshop where several rate design parameters were presented in accordance with the Energy Plan objectives. The workshop identified some key implementation measures and invited input from customers. This paper describes 8 policy actions that will be implemented, or which are already underway to achieve objectives of the Energy Plan. Policy Action number 14 states that under the new rate structures, large electricity consumers will be able to choose a supplier other than the local distributor. Policy Action number 21 states that new rate structures will offer better price signals to large electricity consumers for conservation and energy efficiency. A new stepped rate has been proposed to implement the policy actions. The stepped rate design features different rates for different blocks of energy consumption. The stepped rate design encourages customers to invest in cost-effective conservation and self generation. The disadvantage is that customers shut down facilities and receive financial benefits as if they had invested in conservation. Customers will also continually switch back and forth between rate designs or suppliers, depending on which one provides immediate gains. It was noted that a stepped rate design requires a choice of where to place the cutoff between various Tier rates. Market options for calculating Tier 1 and Tier 2 rates were described. The three causes for reductions in energy consumption were identified as being energy efficiency, self generation, and partial or full shutdown. 4 tabs., 10 figs

The Management of Capital Allocation for Sustainable Municipal Solid Waste Management System: A Case Study of Bang Saen, Thailand

Directory of Open Access Journals (Sweden)

Daichi Iwase

2013-01-01

Full Text Available This paper attempted to analyze and understand the management of capital allocation for sustainable municipal solid waste management system at Bang Saen, Thailand. Financial, manufactured, human, social and natural capital was the focus of this study. Capital allocation to five capitals, activities of the stakeholders related to municipal solid waste management, and the output of these activities were analyzed. The investigation was carried out by reviewing documents, conducting in-depth interviews with various stakeholders including the Saensuk municipality officials, locals and tourists, and carrying out field observations. Results showed that total output from five capitals is influenced by activity performance of stakeholders, which is dependent on input to five capitals. However, input was made without assessments of output produced by the activities of the stakeholders, which stemmed from the absence of a policy goal on municipal solid waste management and action plans to achieve its goal. Capital was mostly allocated to financial and manufactured capitals in terms of support of municipal solid waste collection, transportation and disposal. Findings suggest that capital should be allocated to activities related to human, social and natural capitals that can help improve activity performance of the stakeholders, and therefore improve total output and sustainability of the system. Well-designed activities could generate improved output, which is made by readjusting input based on assessments of output and by reflecting feedback in decision making on capital allocation. For this reason, the municipality has to set a clear policy goal of municipal solid waste management, short-term, and long-term action plans. Finally, recommendation is given to municipality.

Allocating capital systemwide. Who gets how much and why.

Science.gov (United States)

Albertina, R M; Bakewell, T F

1989-05-01

The maturing of multi-institutional healthcare systems has created a need for systemwide approaches to managing investment in capital expenditures. Historically, hospitals have allocated capital using traditional capital budgeting techniques, including discounted cash flow, net present value, and internal rate of return methodologies. Now systems can use a multifactored model to allocate capital among member hospitals. This approach uses historical and projected financial and statistical information to quantify the risks member hospitals face. At the system level, capital allocation decisions should start with the strategic and financial planning processes. Catholic systems face an additional caveat: The system's mission statement drives the planning processes. Conceptually, the capital allocation plan is an attempt to value each hospital as a going, or viable, concern. From this perspective, value is understood as a function of expected return, the certainty of the return, and the return offered by similar investments in other hospital markets. Despite the many determinants of business and financial risk, much of the variance in asset market value can be explained through five assessment criteria: market demographics, position within the market, historical and projected financial performance, historical utilization, and third-party reimbursement mix.

An effort allocation model considering different budgetary constraint on fault detection process and fault correction process

Directory of Open Access Journals (Sweden)

Vijay Kumar

2016-01-01

Full Text Available Fault detection process (FDP and Fault correction process (FCP are important phases of software development life cycle (SDLC. It is essential for software to undergo a testing phase, during which faults are detected and corrected. The main goal of this article is to allocate the testing resources in an optimal manner to minimize the cost during testing phase using FDP and FCP under dynamic environment. In this paper, we first assume there is a time lag between fault detection and fault correction. Thus, removal of a fault is performed after a fault is detected. In addition, detection process and correction process are taken to be independent simultaneous activities with different budgetary constraints. A structured optimal policy based on optimal control theory is proposed for software managers to optimize the allocation of the limited resources with the reliability criteria. Furthermore, release policy for the proposed model is also discussed. Numerical example is given in support of the theoretical results.

Distributed Multi-Cell Resource Allocation with Price Based ICI Coordination in Downlink OFDMA Networks

Science.gov (United States)

Lv, Gangming; Zhu, Shihua; Hui, Hui

Multi-cell resource allocation under minimum rate request for each user in OFDMA networks is addressed in this paper. Based on Lagrange dual decomposition theory, the joint multi-cell resource allocation problem is decomposed and modeled as a limited-cooperative game, and a distributed multi-cell resource allocation algorithm is thus proposed. Analysis and simulation results show that, compared with non-cooperative iterative water-filling algorithm, the proposed algorithm can remarkably reduce the ICI level and improve overall system performances.

Analysis of standard and innovative methods for allocating upstream and refinery GHG emissions to oil products

International Nuclear Information System (INIS)

Moretti, Christian; Moro, Alberto; Edwards, Robert; Rocco, Matteo Vincenzo; Colombo, Emanuela

2017-01-01

Highlights: •Traditional and innovative methods for allocating emissions at refinery level are reviewed. •Added value has been introduced as a novel allocation method. •Hydrogen-based consistency test has been introduced to validate the allocation methods. •Consistent allocation methods assign negative refinery emissions to heavy products. -- Abstract: Alternative fuel policies need accurate and transparent methods to find the embedded carbon intensity of individual refinery products. This study investigates different ways of allocating greenhouse gases emissions deriving from refining and upstream crude oil supply. Allocation methods based on mass, energy content, economic value and, innovatively, added-value, are compared with the marginal refining emissions calculated by CONCAWE’s linear-programming model to the average EU refinery, which has been adopted as reference in EU legislation. Beside the most important transportation fuels (gasoline, diesel, kerosene/jet fuel and heavy fuel oil), the analysis extends to petroleum coke and refinery hydrogen. Moreover, novel criteria, based on the implications due to hydrogen usage by each fuel pathway, have been introduced to test the consistency of the analyzed approaches. It is found that only two economic-based allocation methods are consistent with the introduced criteria. These two methods also give negative refinery emissions for heavy products, which is coherent with the marginal emissions calculated through the CONCAWE refinery model. The recommended allocation methods are transparent and use only publicly available statistical data, so they may be useful not only for future EU legislation, but also in jurisdictions where a representative refinery model is not available.

Rethinking Reinforcement: Allocation, Induction, and Contingency

Science.gov (United States)

Baum, William M

2012-01-01

The concept of reinforcement is at least incomplete and almost certainly incorrect. An alternative way of organizing our understanding of behavior may be built around three concepts: allocation, induction, and correlation. Allocation is the measure of behavior and captures the centrality of choice: All behavior entails choice and consists of choice. Allocation changes as a result of induction and correlation. The term induction covers phenomena such as adjunctive, interim, and terminal behavior—behavior induced in a situation by occurrence of food or another Phylogenetically Important Event (PIE) in that situation. Induction resembles stimulus control in that no one-to-one relation exists between induced behavior and the inducing event. If one allowed that some stimulus control were the result of phylogeny, then induction and stimulus control would be identical, and a PIE would resemble a discriminative stimulus. Much evidence supports the idea that a PIE induces all PIE-related activities. Research also supports the idea that stimuli correlated with PIEs become PIE-related conditional inducers. Contingencies create correlations between “operant” activity (e.g., lever pressing) and PIEs (e.g., food). Once an activity has become PIE-related, the PIE induces it along with other PIE-related activities. Contingencies also constrain possible performances. These constraints specify feedback functions, which explain phenomena such as the higher response rates on ratio schedules in comparison with interval schedules. Allocations that include a lot of operant activity are “selected” only in the sense that they generate more frequent occurrence of the PIE within the constraints of the situation; contingency and induction do the “selecting.” PMID:22287807

Age bias, but no gender bias, in the intra-household resource allocation for health care in rural Burkina Faso.

Science.gov (United States)

Sauerborn, R; Berman, P; Nougtara, A

1996-10-01

Household survey data, time allocation data, and qualitative interviews were used to examine whether households allocate their resources for health care differently between age and gender groups. Households allocated significantly fewer resources to the health care of sick children compared to that of sick adults. In contrast there were no such differences with regard to gender. The underlying household rationale is to concentrate its resources spent for health care on productive members rather than to spread them equitably among all its sick members. While children are not productive, women were shown to contribute as much to household production as men, hence their health is valued equally with that of men. Unless we understand intra-household biases in resource allocation, policies will be undermined. Further research is needed to test the hypothesis for the households' preference of production maintenance over health maximization.

Water Economics and Policy

Directory of Open Access Journals (Sweden)

Julio Berbel

2017-10-01

Full Text Available Economics plays a double role in the field of water management, firstly as a powerful analytical tool supporting water allocation and policy decisions, and secondly in the form of policy instruments (water pricing, markets, etc.. This Special Issue presents a platform for sharing results connecting excellent interdisciplinary research applied to different regional and sectoral problems around the world. The 22 peer-reviewed papers collected in this Special Issue have been grouped into five broad categories: Water valuation and accounting; Economic instruments; Cost effectiveness and cost-benefit analysis; and Water productivity and Governance. They are briefly presented.

Kalai-Smorodinsky bargaining solution for optimal resource allocation over wireless DS-CDMA visual sensor networks

Science.gov (United States)

Pandremmenou, Katerina; Kondi, Lisimachos P.; Parsopoulos, Konstantinos E.

2012-01-01

Surveillance applications usually require high levels of video quality, resulting in high power consumption. The existence of a well-behaved scheme to balance video quality and power consumption is crucial for the system's performance. In the present work, we adopt the game-theoretic approach of Kalai-Smorodinsky Bargaining Solution (KSBS) to deal with the problem of optimal resource allocation in a multi-node wireless visual sensor network (VSN). In our setting, the Direct Sequence Code Division Multiple Access (DS-CDMA) method is used for channel access, while a cross-layer optimization design, which employs a central processing server, accounts for the overall system efficacy through all network layers. The task assigned to the central server is the communication with the nodes and the joint determination of their transmission parameters. The KSBS is applied to non-convex utility spaces, efficiently distributing the source coding rate, channel coding rate and transmission powers among the nodes. In the underlying model, the transmission powers assume continuous values, whereas the source and channel coding rates can take only discrete values. Experimental results are reported and discussed to demonstrate the merits of KSBS over competing policies.

Emissions allocation in transportation routes

NARCIS (Netherlands)

Leenders, B.P.J.; Velázquez Martínez, J.; Fransoo, J.C.

2017-01-01

This article studies the allocation of CO2 emissions to a specific shipment in routing transportation. The authors show that this problem differs from a cost allocation problem specifically because the concavity condition does not hold necessarily in the CO2 allocation problem. This implies that a

Channel Estimation and Optimal Power Allocation for a Multiple-Antenna OFDM System

Directory of Open Access Journals (Sweden)

Yao Kung

2002-01-01

Full Text Available We propose combining channel estimation and optimal power allocation approaches for a multiple-antenna orthogonal frequency division multiplexing (OFDM system in high-speed transmission applications. We develop a least-square channel estimation approach, derive the performance bound of the estimator, and investigate the optimal training sequences for initial channel acquisition. Based on the channel estimates, the optimal power allocation solution which maximizes the bandwidth efficiency is derived under power and quality of service (Qos (symbol error rate constraints. It is shown that combining channel tracking and adaptive power allocation can dramatically enhance the outage capacity of an OFDM multiple-antenna system when severing fading occurs.

REGULATORY POLICY AND OPTIMIZATION OF INVESTMENT RESOURCE ALLOCATION IN THE MODEL OF FUNCTIONING OF RECREATION INDUSTRY

Directory of Open Access Journals (Sweden)

Hanna Shevchenko

2017-11-01

Full Text Available The research objective is the rationale of the theoretical and methodical approach concerning the improvement of regulatory policy as well as the process of distribution of financial investments using the model of the functioning of a recreational sector of the national economy. The methodology of the study includes the use of optimal control theory for the model formation of the functioning of the recreational industry as well as determining the behaviour of regulatory authorities and capabilities to optimize the allocation of investment resources in the recreational sector of the national economy. Results. The issue of equilibration of regulatory policy in the recreational sector of the national economy is actualized, including the question of targeted distribution of state and external financial investments. Also, it is proved that regulatory policy should establish the frameworks that on the one hand, do not allow public authorities to exercise extra influence on the economy of recreation, on the other hand, to keep the behaviour of the recreational business entities within the limits of normal socio-economic activity – on the basis of analysis of the continuum “recreation – work” by means of modified Brennan-Buchanan model. It is revealed that even with the condition of the tax reduction, the situation when the population resting less and works more than in the background of a developed economy is observed. However, according to the optimistic forecast, eventually on condition when the economy is emerging from the shade, we will obtain an official mode of the work in which, while maintaining taxes on proposed more advantageous for the population level, ultimately the ratio leisure and work will be established which is corresponding to the principles of sustainable development. Practical value. On the basis of methodical principles of the theory of optimal control, the model of the functioning of the recreational industry under the

Changing maternity leave policy: short-term effects on fertility rates and demographic variables in Germany.

Science.gov (United States)

Thyrian, Jochen René; Fendrich, Konstanze; Lange, Anja; Haas, Johannes-Peter; Zygmunt, Marek; Hoffmann, Wolfgang

2010-08-01

Changes in reproductive behaviour and decreasing fertility rates have recently led to policy actions that attempt to counteract these developments. Evidence on the efficacy of such policy interventions, however, is limited. The present analysis examines fertility rates and demographic variables of a population in Germany in response to new maternity leave regulations, which were introduced in January 2007. As part of a population-based survey of neonates in Pomerania (SNiP), all births in the study region from the period 23 months prior to January 1st, 2007 until 23 months afterwards were examined. Crude Birth Rates (CBR) per month, General Fertility Rates (GFR) per month, parity and sociodemographic variables were compared using bivariate techniques. Logistic regression analysis was performed. No statistically significant difference in the CBR or GFR after Jan. 1st, 2007 was found. There were statistically significant differences in other demographic variables, however. The proportion of mothers who (a) were employed full-time before pregnancy; (b) came from a higher socioeconomic status; and (c) had higher income levels all increased after January 1st, 2007. The magnitude of these effects was higher in multigravid women. Forward stepwise logistic regression found an odds ratio of 1.79 for women with a family income of more than 3000 euro to give birth after the new law was introduced. This is the first analysis of population-based data that examines fertility rates and sociodemographic variables in response to new legal regulations. No short-term effects on birth rates were detected, but there was a differential effect on the subgroup of multigravidae. The focus of this policy was to provide financial support, which is certainly important, but the complexity of having a child suggests that attitudinal and motivational aspects also need to be taken into account. Furthermore, these analyses were only able to evaluate the short-term consequences of the policy

Method of reliability allocation based on fault tree analysis and fuzzy math in nuclear power plants

International Nuclear Information System (INIS)

Chen Zhaobing; Deng Jian; Cao Xuewu

2005-01-01

Reliability allocation is a kind of a difficult multi-objective optimization problem. It can not only be applied to determine the reliability characteristic of reactor systems, subsystem and main components but also be performed to improve the design, operation and maintenance of nuclear plants. The fuzzy math known as one of the powerful tools for fuzzy optimization and the fault analysis deemed to be one of the effective methods of reliability analysis can be applied to the reliability allocation model so as to work out the problems of fuzzy characteristic of some factors and subsystem's choice respectively in this paper. Thus we develop a failure rate allocation model on the basis of the fault tree analysis and fuzzy math. For the choice of the reliability constraint factors, we choose the six important ones according to practical need for conducting the reliability allocation. The subsystem selected by the top-level fault tree analysis is to avoid allocating reliability for all the equipment and components including the unnecessary parts. During the reliability process, some factors can be calculated or measured quantitatively while others only can be assessed qualitatively by the expert rating method. So we adopt fuzzy decision and dualistic contrast to realize the reliability allocation with the help of fault tree analysis. Finally the example of the emergency diesel generator's reliability allocation is used to illustrate reliability allocation model and improve this model simple and applicable. (authors)

The role of revenue use in the acceptability of transport pricing policies

NARCIS (Netherlands)

Schuitema, Geertje; Steg, Linda

Generally, pricing policies are believed to be effective in reducing problems of massive car use. However, pricing policies are not easily implemented, as they are hardly acceptable to the public. Studies indicate that revenue allocation is important for the acceptability of transport pricing.

Impact of electricity prices and volumetric water allocation on energy and groundwater demand management: analysis from Western India

International Nuclear Information System (INIS)

Kumar, M.D.

2005-01-01

In recent years, power tariff policy has been increasingly advocated as a mean to influence groundwater use and withdrawal decisions of farmers in view of the failure of existing direct and indirect regulations on groundwater withdrawal in India. Many researchers argue that pro rata electricity tariff, with built in positive marginal cost of pumping could bring about efficient use of the resource, though some argue that the levels of tariff in which demand becomes elastic to pricing are too high to be viable from political and socio-economic points of view. The paper presents a theoretical model to analyze farmers' response to changes in power tariff and water allocation regimes vis a vis energy and groundwater use. It validates the model by analyzing water productivity in groundwater irrigation under different electricity pricing structures and water allocation regimes. Water productivity was estimated using primary data of gross crop inputs, cost of all inputs, and volumetric water inputs. The analysis shows that unit pricing of electricity influences groundwater use efficiency and productivity positively. It also shows that the levels of pricing at which demand for electricity and groundwater becomes elastic to tariff are socio-economically viable. Further, water productivity impacts of pricing would be highest when water is volumetrically allocated with rationing. Therefore, an effective power tariff policy followed by enforcement of volumetric water allocation could address the issue of efficiency, sustainability and equity in groundwater use in India

Something from nothing: Estimating consumption rates using propensity scores, with application to emissions reduction policies.

Directory of Open Access Journals (Sweden)

Nicholas Bardsley

Full Text Available Consumption surveys often record zero purchases of a good because of a short observation window. Measures of distribution are then precluded and only mean consumption rates can be inferred. We show that Propensity Score Matching can be applied to recover the distribution of consumption rates. We demonstrate the method using the UK National Travel Survey, in which c.40% of motorist households purchase no fuel. Estimated consumption rates are plausible judging by households' annual mileages, and highly skewed. We apply the same approach to estimate CO2 emissions and outcomes of a carbon cap or tax. Reliance on means apparently distorts analysis of such policies because of skewness of the underlying distributions. The regressiveness of a simple tax or cap is overstated, and redistributive features of a revenue-neutral policy are understated.

Housing markets and housing policies in India

OpenAIRE

Tiwari, Piyush; Rao, Jyoti

2016-01-01

Issues of housing in India are synonymous with ignorance of housing in active government involvement at the policy and program formulation levels. They are also due to the problems that unplanned urbanization, income disparity, poverty, illiteracy, and unemployment brought. These issues extenuated the housing problem, causing a housing shortage of 51 million in 2011. Though India has a long history of establishing policies, programs, and institutions to cater to housing, without allocating ad...

The impact of monetary policy and exchange rate regime on real GDP and prices in the Republic of Macedonia

Directory of Open Access Journals (Sweden)

Zeqiri Izet

2010-09-01

Full Text Available This paper investigates the relative costs and benefits associated with introducing a more active monetary and a different exchange rate regime in the Republic of Macedonia. In this finding, the econometrics result show that introducing a more active monetary policy and a different strategy of the exchange rate targeting in order to promote rapid economic growth could easy disturb macroeconomic stability (after having achieved it at a substantial cost without any significant economic benefits. Therefore, introducing a more active monetary policy and a different strategy of the exchange rate regime is likely to incur more costs than benefits, since changes of the monetary policy and exchange rate regime type do not show a persistent effect on real GDP, while changes of money stock and exchange rate regime do show a strong and persistent effect on prices level.

Free allocation in the European Emissions Trading System (EU ETS): identifying efficient mechanisms through to 2030

International Nuclear Information System (INIS)

Jalard, Matthieu; Alberola, Emilie

2015-11-01

In a world with asymmetrical climate policies, the conclusions of the European Council of October 2014 agreed on continuing the allocation of free CO 2 emissions allowances beyond 2020 to industrial sectors in the EU ETS. This statement has been confirmed in the European Commission's proposal to revise EU ETS directive for phase IV disclosed in July 2015. The stated objective is to ensure that the most efficient industrial installations do not face undue carbon costs which would lead to carbon leakages. Furthermore, free allocations should not undermine the incentive to cut CO 2 emissions, lead to distortions or windfall profits and reduce the auctioning share of allowances. From 2013 to 2020, the allocation of free allowances has been defined according to harmonized European rules based on benchmarks (carbon intensity targets) and historical output adjusted to the free allocation cap by applying the Cross-Sectoral Correction Factor (CSCF). What would be the impact of pursuing the current mechanism through to 2030? Does the EU Commissions' proposal of 15 July respond to the Council's requirements? Which alternative mechanisms could do so? This study examines four scenarios and their potential consequences. - Scenario 1 continues the current free allocation mechanism until 2030. The volume of free allocations thus calculated would be higher than the available free allocation cap and would need to be reduced by a Cross-Sectoral Correction Factor (CSCF) of 66% in 2030. Carbon costs would thus increase for all installations, regardless their exposure to carbon leakages, reducing the protection of most exposed sectors, while widely allocating sectors with limited exposure. - Scenario 2 analyses the proposal to implement an allocation mechanism based on recent industrial output combined with appropriate updating of benchmarks. This allocation method is more effective in combating carbon leakage, as it gives clearer incentive to maintain domestic production

Motion-related resource allocation in dynamic wireless visual sensor network environments.

Science.gov (United States)

Katsenou, Angeliki V; Kondi, Lisimachos P; Parsopoulos, Konstantinos E

2014-01-01

This paper investigates quality-driven cross-layer optimization for resource allocation in direct sequence code division multiple access wireless visual sensor networks. We consider a single-hop network topology, where each sensor transmits directly to a centralized control unit (CCU) that manages the available network resources. Our aim is to enable the CCU to jointly allocate the transmission power and source-channel coding rates for each node, under four different quality-driven criteria that take into consideration the varying motion characteristics of each recorded video. For this purpose, we studied two approaches with a different tradeoff of quality and complexity. The first one allocates the resources individually for each sensor, whereas the second clusters them according to the recorded level of motion. In order to address the dynamic nature of the recorded scenery and re-allocate the resources whenever it is dictated by the changes in the amount of motion in the scenery, we propose a mechanism based on the particle swarm optimization algorithm, combined with two restarting schemes that either exploit the previously determined resource allocation or conduct a rough estimation of it. Experimental simulations demonstrate the efficiency of the proposed approaches.

How to Fairly Allocate Scarce Medical Resources: Ethical Argumentation under Scrutiny by Health Professionals and Lay People.

Directory of Open Access Journals (Sweden)

Pius Krütli

Full Text Available Societies are facing medical resource scarcities, inter alia due to increased life expectancy and limited health budgets and also due to temporal or continuous physical shortages of resources like donor organs. This makes it challenging to meet the medical needs of all. Ethicists provide normative guidance for how to fairly allocate scarce medical resources, but legitimate decisions require additionally information regarding what the general public considers to be fair. The purpose of this study was to explore how lay people, general practitioners, medical students and other health professionals evaluate the fairness of ten allocation principles for scarce medical resources: 'sickest first', 'waiting list', 'prognosis', 'behaviour' (i.e., those who engage in risky behaviour should not be prioritized, 'instrumental value' (e.g., health care workers should be favoured during epidemics, 'combination of criteria' (i.e., a sequence of the 'youngest first', 'prognosis', and 'lottery' principles, 'reciprocity' (i.e., those who provided services to the society in the past should be rewarded, 'youngest first', 'lottery', and 'monetary contribution'.1,267 respondents to an online questionnaire were confronted with hypothetical situations of scarcity regarding (i donor organs, (ii hospital beds during an epidemic, and (iii joint replacements. Nine allocation principles were evaluated in terms of fairness for each type of scarcity along 7-point Likert scales. The relationship between demographic factors (gender, age, religiosity, political orientation, and health status and fairness evaluations was modelled with logistic regression.Medical background was a major predictor of fairness evaluations. While general practitioners showed different response patterns for all three allocation situations, the responses by lay people were very similar. Lay people rated 'sickest first' and 'waiting list' on top of all allocation principles-e.g., for donor organs 83

How to Fairly Allocate Scarce Medical Resources: Ethical Argumentation under Scrutiny by Health Professionals and Lay People.

Science.gov (United States)

Krütli, Pius; Rosemann, Thomas; Törnblom, Kjell Y; Smieszek, Timo

2016-01-01

Societies are facing medical resource scarcities, inter alia due to increased life expectancy and limited health budgets and also due to temporal or continuous physical shortages of resources like donor organs. This makes it challenging to meet the medical needs of all. Ethicists provide normative guidance for how to fairly allocate scarce medical resources, but legitimate decisions require additionally information regarding what the general public considers to be fair. The purpose of this study was to explore how lay people, general practitioners, medical students and other health professionals evaluate the fairness of ten allocation principles for scarce medical resources: 'sickest first', 'waiting list', 'prognosis', 'behaviour' (i.e., those who engage in risky behaviour should not be prioritized), 'instrumental value' (e.g., health care workers should be favoured during epidemics), 'combination of criteria' (i.e., a sequence of the 'youngest first', 'prognosis', and 'lottery' principles), 'reciprocity' (i.e., those who provided services to the society in the past should be rewarded), 'youngest first', 'lottery', and 'monetary contribution'. 1,267 respondents to an online questionnaire were confronted with hypothetical situations of scarcity regarding (i) donor organs, (ii) hospital beds during an epidemic, and (iii) joint replacements. Nine allocation principles were evaluated in terms of fairness for each type of scarcity along 7-point Likert scales. The relationship between demographic factors (gender, age, religiosity, political orientation, and health status) and fairness evaluations was modelled with logistic regression. Medical background was a major predictor of fairness evaluations. While general practitioners showed different response patterns for all three allocation situations, the responses by lay people were very similar. Lay people rated 'sickest first' and 'waiting list' on top of all allocation principles-e.g., for donor organs 83.8% (95% CI

Peer-Allocated Instant Response (PAIR): Computional allocation of peer tutors in learning communities

NARCIS (Netherlands)

Westera, Wim

2009-01-01

Westera, W. (2007). Peer-Allocated Instant Response (PAIR): Computational allocation of peer tutors in learning communities. Journal of Artificial Societies and Social Simulation, http://jasss.soc.surrey.ac.uk/10/2/5.html

Allocating Overhead Costs in a Navy Working Capital Fund Environment: An Analysis and Comparison of Current Navy Policy and Private Sector Practice

National Research Council Canada - National Science Library

Schulte, Steven

1999-01-01

.... The objective of this thesis was to evaluate the overhead allocation practices of five private sector organizations for the potential improvement of overhead allocation practices in Navy Working Capital Fund activities...

Appropriateness of Dropout Layers and Allocation of Their 0.5 Rates across Convolutional Neural Networks for CIFAR-10, EEACL26, and NORB Datasets

Directory of Open Access Journals (Sweden)

Romanuke Vadim V.

2017-12-01

Full Text Available A technique of DropOut for preventing overfitting of convolutional neural networks for image classification is considered in the paper. The goal is to find a rule of rationally allocating DropOut layers of 0.5 rate to maximise performance. To achieve the goal, two common network architectures are used having either 4 or 5 convolutional layers. Benchmarking is fulfilled with CIFAR-10, EEACL26, and NORB datasets. Initially, series of all admissible versions for allocation of DropOut layers are generated. After the performance against the series is evaluated, normalized and averaged, the compromising rule is found. It consists in non-compactly inserting a few DropOut layers before the last convolutional layer. It is likely that the scheme with two or more DropOut layers fits networks of many convolutional layers for image classification problems with a plenty of features. Such a scheme shall also fit simple datasets prone to overfitting. In fact, the rule “prefers” a fewer number of DropOut layers. The exemplary gain of the rule application is roughly between 10 % and 50 %.

EU POLICY ON EDUCATION FUNDING

Directory of Open Access Journals (Sweden)

Elena Cristina PANA

2014-04-01

Full Text Available On average, EU countries allocate 6.4% of total public expenditure for the direct support of the public sector at all levels of education. In view of a more rational allocation of resources seriously diminished by the crisis there are made efforts to identify educational areas considered problematic in terms of accessing various education programs. This paper presents pre-school funding policies and policies to support families with preschool and school age children in the European Union through a comparative analysis of the focus group type. There are also presented concrete ways of achieving that family support such as tax cuts, family allowances or by taking into account certain factors in order to establish fees. In all countries where taxes are paid for pre-compulsory education (ISCED A there is a mechanism by which parental contributions can be adjusted according to the means available taking into account criteria such as family income, number of children, family status (children who live with one parent geographic area, etc.

The Impact of Funding Policies on Higher Education in Jamaica

Science.gov (United States)

Nkrumah-Young, Kofi K.; Huisman, Jeroen; Powell, Philip

2008-01-01

This paper analyses the changes in the higher education funding policies and resource allocation models of the Jamaican government in the period 1962-2003. Throughout these four decades, four different systems were in force. This paper focuses particularly on the arguments for the funding policies and models and the impact of the models on the…

Watching sexy displays improves hatching success and offspring growth through maternal allocation.

Science.gov (United States)

Loyau, Adeline; Lacroix, Frédéric

2010-11-22

Male attractiveness can have tremendous effects on the fitness of his offspring via good genes, but also via enhanced maternal allocation of resources. Yet the proximate mechanisms influencing differential maternal allocation in relation to male sexiness are poorly known. Here, we studied the importance of visual stimulation for maternal allocation in the Houbara bustard, a vulnerable bird species bred in captivity to support wild populations. Artificial insemination allowed controlling for potential confounding factors, such as a male's territory quality, social interactions or sperm quality/quantity, probably linked to mate attractiveness. We show that artificially inseminated females stimulated by highly displaying males increased their hatching success, owing to increased fertilization success. The females also increased the allocation of maternal androgens in their eggs, leading to an increase of circulating testosterone and growth rate in chicks. Hence, visual stimulation of the females can promote differential maternal allocation and favour offspring fitness. Our results further suggest that using artificial insemination for species conservation without appropriate stimulation of the breeding females probably has negative impacts on their breeding performance and therefore on population viability.

A Computable OLG Model for Gender and Growth Policy Analysis

OpenAIRE

Pierre-Richard Agénor

2012-01-01

This paper develops a computable Overlapping Generations (OLG) model for gender and growth policy analysis. The model accounts for human and physical capital accumulation (both public and private), intra- and inter-generational health persistence, fertility choices, and women's time allocation between market work, child rearing, and home production. Bargaining between spouses and gender bias, in the form of discrimination in the work place and mothers' time allocation between daughters and so...

Explaining Dutch fertility Rates in a Comparative European perspective: The role of economy, social policy and culture

OpenAIRE

Rijken, Arieke J.; Knijn, Trudie

2008-01-01

This article contributes to the search for explanations of the cross-national variation in fertility rates by studying the influence of social policy, economic and cultural factors on fertility in the former EU15, while giving special attention to one case: The Netherlands. This country lacks good social policy for supporting parents to combine work and care and nevertheless has a relatively high fertility rate. This article addresses the backgrounds of that phenomenon, using comparative macr...

Developing effective policy strategies to retain health workers in rural Bangladesh: a policy analysis.

Science.gov (United States)

Rawal, Lal B; Joarder, Taufique; Islam, Sheikh Md Shariful; Uddin, Aftab; Ahmed, Syed Masud

2015-05-20

Retention of human resources for health (HRH), particularly physicians and nurses in rural and remote areas, is a major problem in Bangladesh. We reviewed relevant policies and provisions in relation to HRH aiming to develop appropriate rural retention strategies in Bangladesh. We conducted a document review, thorough search and review of relevant literature published from 1971 through May 2013, key informant interviews with policy elites (health policy makers, managers, researchers, etc.), and a roundtable discussion with key stakeholders and policy makers. We used the World Health Organization's (WHO's) guidelines as an analytical matrix to examine the rural retention policies under 4 domains, i) educational, ii) regulatory, iii) financial, and iv) professional and personal development, and 16 sub-domains. Over the past four decades, Bangladesh has developed and implemented a number of health-related policies and provisions concerning retention of HRH. The district quota system in admissions is in practice to improve geographical representation of the students. Students of special background including children of freedom fighters and tribal population have allocated quotas. In private medical and nursing schools, at least 5% of seats are allocated for scholarships. Medical education has a provision for clinical rotation in rural health facilities. Further, in the public sector, every newly recruited medical doctor must serve at least 2 years at the upazila level. To encourage serving in hard-to-reach areas, particularly in three Hill Tract districts of Chittagong division, the government provides an additional 33% of the basic salary, but not exceeding US$ 38 per month. This amount is not attractive enough, and such provision is absent for those working in other rural areas. Although the government has career development and promotion plans for doctors and nurses, these plans are often not clearly specified and not implemented effectively. The government is

Policy Analysis of Poverty Alleviation in Semarang City Using Spatial and Sectoral Approach

Science.gov (United States)

Muktiali, M.

2018-02-01

Poverty is a multidimensional problem. Therefore, poverty reduction policy is not only related to the increase of income, but also various other dimensions such as improvement of education, health, quality of life, access to electricity, access to sanitation and water supply. Semarang City Government in 2012 initiated a policy of poverty reduction synergy program called “Gerdu Kempling”. Gerdu Kempling is an integrated policy which gives priority to addressing poverty in each village and sub-district in Semarang based on aspects of health, economy, education, infrastructure, and environment. Based on the results of Budget Allocation Analysis and Analysis of Geographic Information Systems (Poverty Mapping), it can be concluded that the program and budget allocation for poverty alleviation in Semarang City are not synchronized either spatially or sectorally.

Joint Resource Allocation for Dual - Band Heterogeneous Wireless Network

DEFF Research Database (Denmark)

Adeogun, Ramoni

2018-01-01

is proposed for adaptively switching the SC transmission frequency based on the location of small cell users and interference to macrocell users. We propose a resource allocation approach which maximizes the sum rate of small cell users while minimizing interference to macrocell users and the total power...

Further Monetary Easing Policies under the Non-negativity Constraints of Nominal Interest Rates: Summary of the Discussion Based on Japan's Experience

OpenAIRE

Oda, Nobuyuki; Okina, Kunio

2001-01-01

This paper examines issues surrounding monetary policy under zero interest rates based on one and a half year fs experience in Japan. After reviewing the market development in Japan, it summarizes the transmission mechanism of monetary policy under zero nominal interest rates, and considers what would be the likely policy options if a central bank were to conduct further monetary easing. Specifically, a more detailed policy announcement is regarded as feasible, less costly, and the less risky...

Moonlight avoidance in gerbils reveals a sophisticated interplay among time allocation, vigilance and state-dependent foraging.

Science.gov (United States)

Kotler, Burt P; Brown, Joel; Mukherjee, Shomen; Berger-Tal, Oded; Bouskila, Amos

2010-05-22

Foraging animals have several tools for managing the risk of predation, and the foraging games between them and their predators. Among these, time allocation is foremost, followed by vigilance and apprehension. Together, their use influences a forager's time allocation and giving-up density (GUD) in depletable resource patches. We examined Allenby's gerbils (Gerbilus andersoni allenbyi) exploiting seed resource patches in a large vivarium under varying moon phases in the presence of a red fox (Vulpes vulpes). We measured time allocated to foraging patches electronically and GUDs from seeds left behind in resource patches. From these, we estimated handling times, attack rates and quitting harvest rates (QHRs). Gerbils displayed greater vigilance (lower attack rates) at brighter moon phases (full full > new > wane). Finally, gerbils displayed higher QHRs at new and waxing moon phases. Differences across moon phases not only reflect changing time allocation and vigilance, but changes in the state of the foragers and their marginal value of energy. Early in the lunar cycle, gerbils rely on vigilance and sacrifice state to avoid risk; later they defend state at the cost of increased time allocation; finally their state can recover as safe opportunities expand. In the predator-prey foraging game, foxes may contribute to these patterns of behaviours by modulating their own activity in response to the opportunities presented in each moon phase.

High emergency organ allocation rule in lung transplantation: a simulation study.

Science.gov (United States)

Riou, Julien; Boëlle, Pierre-Yves; Christie, Jason D; Thabut, Gabriel

2017-10-01

The scarcity of suitable organ donors leads to protracted waiting times and mortality in patients awaiting lung transplantation. This study aims to assess the short- and long-term effects of a high emergency organ allocation policy on the outcome of lung transplantation. We developed a simulation model of lung transplantation waiting queues under two allocation strategies, based either on waiting time only or on additional criteria to prioritise the sickest patients. The model was informed by data from the United Network for Organ Sharing. We compared the impact of these strategies on waiting time, waiting list mortality and overall survival in various situations of organ scarcity. The impact of a high emergency allocation strategy depends largely on the organ supply. When organ supply is sufficient (>95 organs per 100 patients), it may prevent a small number of early deaths (1 year survival: 93.7% against 92.4% for waiting time only) without significant impact on waiting times or long-term survival. When the organ/recipient ratio is lower, the benefits in early mortality are larger but are counterbalanced by a dramatic increase of the size of the waiting list. Consequently, we observed a progressive increase of mortality on the waiting list (although still lower than with waiting time only), a deterioration of patients' condition at transplant and a decrease of post-transplant survival times. High emergency organ allocation is an effective strategy to reduce mortality on the waiting list, but causes a disruption of the list equilibrium that may have detrimental long-term effects in situations of significant organ scarcity.

CO2 emissions accounting: Whether, how, and when different allocation methods should be used

International Nuclear Information System (INIS)

Levihn, Fabian

2014-01-01

CO 2 abatement and the transition to sustainable energy systems are of great concern, calling for investments in both old and new technologies. There are many perspectives on how to account for these emissions, not least when it comes to how the roles of different alternative energy production options should be emphasized. Confusion and conflicting interests regarding the appropriate accounting methods for allocating CO 2 emissions interfere with effective energy policy and the efficient use of corporate and national resources. Possible investments in the Stockholm district heating network and how they interact with the electric power grid illustrate the influence of different accounting methods on alternative energy production options. The results indicate that, for several abatement options, performance in terms of reduced CO 2 emissions might be either improved or degraded depending on whether or how alternative electricity production is accounted for. The results provide guidelines for whether, how, and when different allocation methods are appropriate, guidelines relevant to academia, industrial leaders, and policymakers in multiple areas related to power production and consumption. - Highlights: • Involvement in the discussion of CO 2 emission allocation is needed from academia. • Abatement options for the district heating in Stockholm were analyzed in relation to power production and the EU ETS. • Implications of different allocation methods are discussed in relation to different analytical purposes and boundaries. • Conclusions are made on when the different allocation methods are appropriate

Development of algorithm for depreciation costs allocation in dynamic input-output industrial enterprise model

Directory of Open Access Journals (Sweden)

Keller Alevtina

2017-01-01

Full Text Available The article considers the issue of allocation of depreciation costs in the dynamic inputoutput model of an industrial enterprise. Accounting the depreciation costs in such a model improves the policy of fixed assets management. It is particularly relevant to develop the algorithm for the allocation of depreciation costs in the construction of dynamic input-output model of an industrial enterprise, since such enterprises have a significant amount of fixed assets. Implementation of terms of the adequacy of such an algorithm itself allows: evaluating the appropriateness of investments in fixed assets, studying the final financial results of an industrial enterprise, depending on management decisions in the depreciation policy. It is necessary to note that the model in question for the enterprise is always degenerate. It is caused by the presence of zero rows in the matrix of capital expenditures by lines of structural elements unable to generate fixed assets (part of the service units, households, corporate consumers. The paper presents the algorithm for the allocation of depreciation costs for the model. This algorithm was developed by the authors and served as the basis for further development of the flowchart for subsequent implementation with use of software. The construction of such algorithm and its use for dynamic input-output models of industrial enterprises is actualized by international acceptance of the effectiveness of the use of input-output models for national and regional economic systems. This is what allows us to consider that the solutions discussed in the article are of interest to economists of various industrial enterprises.

Tradable permit allocations and sequential choice

Energy Technology Data Exchange (ETDEWEB)

MacKenzie, Ian A. [Centre for Economic Research, ETH Zuerich, Zurichbergstrasse 18, 8092 Zuerich (Switzerland)

2011-01-15

This paper investigates initial allocation choices in an international tradable pollution permit market. For two sovereign governments, we compare allocation choices that are either simultaneously or sequentially announced. We show sequential allocation announcements result in higher (lower) aggregate emissions when announcements are strategic substitutes (complements). Whether allocation announcements are strategic substitutes or complements depends on the relationship between the follower's damage function and governments' abatement costs. When the marginal damage function is relatively steep (flat), allocation announcements are strategic substitutes (complements). For quadratic abatement costs and damages, sequential announcements provide a higher level of aggregate emissions. (author)

Intelligent Continuous Double Auction method For Service Allocation in Cloud Computing

Directory of Open Access Journals (Sweden)

Nima Farajian

2013-10-01

Full Text Available Market-oriented approach is an effective method for resource management because of its regulation of supply and demand and is suitable for cloud environment where the computing resources, either software or hardware, are virtualized and allocated as services from providers to users. In this paper a continuous double auction method for efficient cloud service allocation is presented in which i enables consumers to order various resources (services for workflows and coallocation, ii consumers and providers make bid and request prices based on deadline and workload time and in addition providers can tradeoff between utilization time and price of bids, iii auctioneers can intelligently find optimum matching by sharing and merging resources which result more trades. Experimental results show that proposed method is efficient in terms of successful allocation rate and resource utilization.

Decrease in Suicide Rates after a Change of Policy Reducing Access to Firearms in Adolescents: A Naturalistic Epidemiological Study

Science.gov (United States)

Lubin, Gad; Werbeloff, Nomi; Halperin, Demian; Shmushkevitch, Mordechai; Weiser, Mark; Knobler, Haim Y.

2010-01-01

The use of firearms is a common means of suicide. We examined the effect of a policy change in the Israeli Defense Forces reducing adolescents' access to firearms on rates of suicide. Following the policy change, suicide rates decreased significantly by 40%. Most of this decrease was due to decrease in suicide using firearms over the weekend.…

Artificial intelligent techniques for optimizing water allocation in a reservoir watershed

Science.gov (United States)

Chang, Fi-John; Chang, Li-Chiu; Wang, Yu-Chung

2014-05-01

This study proposes a systematical water allocation scheme that integrates system analysis with artificial intelligence techniques for reservoir operation in consideration of the great uncertainty upon hydrometeorology for mitigating droughts impacts on public and irrigation sectors. The AI techniques mainly include a genetic algorithm and adaptive-network based fuzzy inference system (ANFIS). We first derive evaluation diagrams through systematic interactive evaluations on long-term hydrological data to provide a clear simulation perspective of all possible drought conditions tagged with their corresponding water shortages; then search the optimal reservoir operating histogram using genetic algorithm (GA) based on given demands and hydrological conditions that can be recognized as the optimal base of input-output training patterns for modelling; and finally build a suitable water allocation scheme through constructing an adaptive neuro-fuzzy inference system (ANFIS) model with a learning of the mechanism between designed inputs (water discount rates and hydrological conditions) and outputs (two scenarios: simulated and optimized water deficiency levels). The effectiveness of the proposed approach is tested on the operation of the Shihmen Reservoir in northern Taiwan for the first paddy crop in the study area to assess the water allocation mechanism during drought periods. We demonstrate that the proposed water allocation scheme significantly and substantially avails water managers of reliably determining a suitable discount rate on water supply for both irrigation and public sectors, and thus can reduce the drought risk and the compensation amount induced by making restrictions on agricultural use water.

A Non-Cooperative Approach to the Joint Subcarrier and Power Allocation Problem in Multi-Service SCFDMA Networks

Directory of Open Access Journals (Sweden)

E. E. Tsiropoulou

2016-06-01

Full Text Available In this paper a joint resource allocation problem is studied in a multi-service Single Carrier FDMA (SC-FDMA wireless network. Mobile users request various services with different Quality of Service (QoS characteristics and they determine in a distributed and non-cooperative manner a joint subcarrier and power allocation towards fulfilling their QoS prerequisites. Initially, a well-designed utility function is formulated to appropriately represent users’ diverse QoS prerequisites with respect to their requested service. The subcarriers allocation problem is solved based on a multilateral bargaining model, where users are able to select different discount factors to enter the bargaining game, thus better expressing their different needs in system resources with respect to their requested service. The subcarriers mapping is realized based either on the localized SC-FDMA method where the subcarriers are sequentially allocated to the users or the distributed SC-FDMA via considering the maximum channel gain policy, where each subcarrier is allocated to the user with the maximum channel gain. Given the subcarriers assignment, an optimization problem with respect to users’ uplink transmission power is formulated and solved, in order to determine the optimal power allocation per subcarrier assigned to each user. Finally, the performance of the proposed framework is evaluated via modeling and simulation and extensive numerical results are presented.

Portfolio Allocation Subject to Credit Risk

Directory of Open Access Journals (Sweden)

Rogerio de Deus Oliveira

2003-12-01

Full Text Available Credit Risk is an important dimension to be considered in the risk management procedures of financial institutions. Is a particularly useful in emerging markets where default rates on bank loan products are usually high. It is usually calculated through highly costly Monte Carlo simulations which consider different stochastic factors driving the uncertainly associated to the borrowers liabilities. In this paper, under some restrictions, we drive closed form formulas for the probability distributions of default rates of bank loans products involving a big number of clients. This allows us to quickly obtain the credit risk of such products. Moreover, using these probability distributions, we solve the problem of optimal portfolio allocation under default risk.

PS-CARA: Context-Aware Resource Allocation Scheme for Mobile Public Safety Networks

Directory of Open Access Journals (Sweden)

Zeeshan Kaleem

2018-05-01

Full Text Available The fifth-generation (5G communications systems are expecting to support users with diverse quality-of-service (QoS requirements. Beside these requirements, the task with utmost importance is to support the emergency communication services during natural or man-made disasters. Most of the conventional base stations are not properly functional during a disaster situation, so deployment of emergency base stations such as mobile personal cell (mPC is crucial. An mPC having moving capability can move in the disaster area to provide emergency communication services. However, mPC deployment causes severe co-channel interference to the users in its vicinity. The problem in the existing resource allocation schemes is its support for static environment, that does not fit well for mPC. So, a resource allocation scheme for mPC users is desired that can dynamically allocate resources based on users’ location and its connection establishment priority. In this paper, we propose a public safety users priority-based context-aware resource allocation (PS-CARA scheme for users sum-rate maximization in disaster environment. Simulations results demonstrate that the proposed PS-CARA scheme can increase the user average and edge rate around 10.3% and 32.8% , respectively because of context information availability and by prioritizing the public safety users. The simulation results ensure that call blocking probability is also reduced considerably under the PS-CARA scheme.

Dynamic Subcarrier Allocation for Real-Time Traffic over Multiuser OFDM Systems

Directory of Open Access Journals (Sweden)

Li VictorOK

2009-01-01

Full Text Available A dynamic resource allocation algorithm to satisfy the packet delay requirements for real-time services, while maximizing the system capacity in multiuser orthogonal frequency division multiplexing (OFDM systems is introduced. Our proposed cross-layer algorithm, called Dynamic Subcarrier Allocation algorithm for Real-time Traffic (DSA-RT, consists of two interactive components. In the medium access control (MAC layer, the users' expected transmission rates in terms of the number of subcarriers per symbol and their corresponding transmission priorities are evaluated. With the above MAC-layer information and the detected subcarriers' channel gains, in the physical (PHY layer, a modified Kuhn-Munkres algorithm is developed to minimize the system power for a certain subcarrier allocation, then a PHY-layer resource allocation scheme is proposed to optimally allocate the subcarriers under the system signal-to-noise ratio (SNR and power constraints. In a system where the number of mobile users changes dynamically, our developed MAC-layer access control and removal schemes can guarantee the quality of service (QoS of the existing users in the system and fully utilize the bandwidth resource. The numerical results show that DSA-RT significantly improves the system performance in terms of the bandwidth efficiency and delay performance for real-time services.

An Ameliorative Whale Optimization Algorithm for Multi-Objective Optimal Allocation of Water Resources in Handan, China

Directory of Open Access Journals (Sweden)

Zhihong Yan

2018-01-01

Full Text Available With the deepening discrepancy between water supply and demand caused by water shortages, alleviating water shortages by optimizing water resource allocation has received extensive attention. How to allocate water resources optimally, rapidly, and effectively has become a challenging problem. Thus, this study employs a meta-heuristic swarm-based algorithm, the whale optimization algorithm (WOA. To overcome drawbacks like relatively low convergence precision and convergence rates, when applying the WOA algorithm to complex optimization problems, logistic mapping is used to initialize swarm location, and inertia weighting is employed to improve the algorithm. The resulting ameliorative whale optimization algorithm (AWOA shows substantially enhanced convergence rates and precision than the WOA and particle swarm optimization algorithms, demonstrating relatively high reliability and applicability. A water resource allocation optimization model with optimal economic efficiency and least total water shortage volume is established for Handan, China, and solved by the AWOA. The allocation results better reflect actual water usage in Handan. In 2030, the p = 50% total water shortage is forecast as 404.34 × 106 m3 or 14.8%. The shortage is mainly in the primary agricultural sector. The allocation results provide a reference for regional water resources management.

Policy Implications of Research on School Time.

Science.gov (United States)

Anderson, Lorin

1983-01-01

The allocation and use of time are considered important in the context of learning because time can be manipulated, measured, and applied to the design of instructional programs. After a clarification of terminology, an overview of current research on time is offered and policy recommendations discussed. (MJL)

Appraisal of space words and allocation of emotion words in bodily space.

Science.gov (United States)

Marmolejo-Ramos, Fernando; Elosúa, María Rosa; Yamada, Yuki; Hamm, Nicholas Francis; Noguchi, Kimihiro

2013-01-01

The body-specificity hypothesis (BSH) predicts that right-handers and left-handers allocate positive and negative concepts differently on the horizontal plane, i.e., while left-handers allocate negative concepts on the right-hand side of their bodily space, right-handers allocate such concepts to the left-hand side. Similar research shows that people, in general, tend to allocate positive and negative concepts in upper and lower areas, respectively, in relation to the vertical plane. Further research shows a higher salience of the vertical plane over the horizontal plane in the performance of sensorimotor tasks. The aim of the paper is to examine whether there should be a dominance of the vertical plane over the horizontal plane, not only at a sensorimotor level but also at a conceptual level. In Experiment 1, various participants from diverse linguistic backgrounds were asked to rate the words "up", "down", "left", and "right". In Experiment 2, right-handed participants from two linguistic backgrounds were asked to allocate emotion words into a square grid divided into four boxes of equal areas. Results suggest that the vertical plane is more salient than the horizontal plane regarding the allocation of emotion words and positively-valenced words were placed in upper locations whereas negatively-valenced words were placed in lower locations. Together, the results lend support to the BSH while also suggesting a higher saliency of the vertical plane over the horizontal plane in the allocation of valenced words.

Appraisal of space words and allocation of emotion words in bodily space.

Directory of Open Access Journals (Sweden)

Fernando Marmolejo-Ramos

Full Text Available The body-specificity hypothesis (BSH predicts that right-handers and left-handers allocate positive and negative concepts differently on the horizontal plane, i.e., while left-handers allocate negative concepts on the right-hand side of their bodily space, right-handers allocate such concepts to the left-hand side. Similar research shows that people, in general, tend to allocate positive and negative concepts in upper and lower areas, respectively, in relation to the vertical plane. Further research shows a higher salience of the vertical plane over the horizontal plane in the performance of sensorimotor tasks. The aim of the paper is to examine whether there should be a dominance of the vertical plane over the horizontal plane, not only at a sensorimotor level but also at a conceptual level. In Experiment 1, various participants from diverse linguistic backgrounds were asked to rate the words "up", "down", "left", and "right". In Experiment 2, right-handed participants from two linguistic backgrounds were asked to allocate emotion words into a square grid divided into four boxes of equal areas. Results suggest that the vertical plane is more salient than the horizontal plane regarding the allocation of emotion words and positively-valenced words were placed in upper locations whereas negatively-valenced words were placed in lower locations. Together, the results lend support to the BSH while also suggesting a higher saliency of the vertical plane over the horizontal plane in the allocation of valenced words.

Appraisal of Space Words and Allocation of Emotion Words in Bodily Space

Science.gov (United States)

Marmolejo-Ramos, Fernando; Elosúa, María Rosa; Yamada, Yuki; Hamm, Nicholas Francis; Noguchi, Kimihiro

2013-01-01

The body-specificity hypothesis (BSH) predicts that right-handers and left-handers allocate positive and negative concepts differently on the horizontal plane, i.e., while left-handers allocate negative concepts on the right-hand side of their bodily space, right-handers allocate such concepts to the left-hand side. Similar research shows that people, in general, tend to allocate positive and negative concepts in upper and lower areas, respectively, in relation to the vertical plane. Further research shows a higher salience of the vertical plane over the horizontal plane in the performance of sensorimotor tasks. The aim of the paper is to examine whether there should be a dominance of the vertical plane over the horizontal plane, not only at a sensorimotor level but also at a conceptual level. In Experiment 1, various participants from diverse linguistic backgrounds were asked to rate the words “up”, “down”, “left”, and “right”. In Experiment 2, right-handed participants from two linguistic backgrounds were asked to allocate emotion words into a square grid divided into four boxes of equal areas. Results suggest that the vertical plane is more salient than the horizontal plane regarding the allocation of emotion words and positively-valenced words were placed in upper locations whereas negatively-valenced words were placed in lower locations. Together, the results lend support to the BSH while also suggesting a higher saliency of the vertical plane over the horizontal plane in the allocation of valenced words. PMID:24349112

Impact of Trade Liberalization and Exchange Rate Policy on Industrial Water Pollution and Groundwater Depletion

OpenAIRE

David, Cristina C.; Inocencio, Arlene B.; Gundaya, Debbie M.

2000-01-01

Environmentalists and economists alike have assumed that greater economic openness will lead to increased industrial pollution in developing countries. This paper argues that trade liberalization does not necessarily result in more pollution intensive industrial development using the case of two economic centers in the Philippines. The study links changes in trade and exchange rate policy to the environment by identifying the environmental damage likely to be aggravated by the policy change t...

What money can't buy: allocations with priority lists, lotteries and queues

OpenAIRE

Daniele Condorelli

2009-01-01

I study the welfare optimal allocation of a number of identical and indivisible objects to a set of heterogeneous risk-neutral agents under the hypothesis that money is not available. Agents have independent private values, which represent the maximum time that they are will- ing to wait in line to obtain a good. A priority list, which ranks agents according to their expected values, is optimal when hazard rates of the distributions of values are increasing. Queues, which allocates the ob- je...

Intelligent tactical asset allocation support system

NARCIS (Netherlands)

Hiemstra, Y.

1995-01-01

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

Quantifying exhaustible resource theory: an application to mineral taxation policy

International Nuclear Information System (INIS)

Ward, F.A.; Kerkvliet, J.

1993-01-01

The paper presents the results of a dynamic nonlinear programming model of a mineral resource market with several features of heterogeneous quality in the mineral, links with related product markets, incorporation of institutional constraints, resource allocations for each year in the planning period, and analysis of outcomes under various severance tax rates. The model computes privately efficient competitive use paths to perform cost-benefit analysis of public mineral policies. Policy variables are evaluated for their impact on both private behaviour and public benefits. The application is to New Mexico's linked coal and electric power markets. Findings reveal that scarcity rents are currently 4% of coal's price, and peak at 27% in 43 years. Increasing the present 1 dollar/ton New Mexico severance tax to 11 dollars reduces current annual coal output by 25%, prolongs the life of the state's coal industry by three years, and increases discounted severance tax revenues by 850% or 4.2 billion dollars. 38 refs., 2 figs., 4 tabs

How should INGOs allocate resources?

Directory of Open Access Journals (Sweden)

Scott Wisor

2012-02-01

Full Text Available International Non-governmental Organizations (INGOs face difficult choices when choosing to allocate resources. Given that the resources made available to INGOs fall far short of what is needed to reduce massive human rights deficits, any chosen scheme of resource allocation requires failing to reach other individuals in great need. Facing these moral opportunity costs, what moral reasons should guide INGO resource allocation? Two reasons that clearly matter, and are recognized by philosophers and development practitioners, are the consequences (or benefit or harm reduction of any given resource allocation and the need (or priority of individual beneficiaries. If accepted, these reasons should lead INGOs to allocate resources to a limited number of countries where the most prioritarian weighted harm reduction will be achieved. I make three critiques against this view. First, on grounds the consequentialist accepts, I argue that INGOs ought to maintain a reasonably wide distribution of resources. Second, I argue that even if one is a consequentialist, consequentialism ought not act as an action guiding principle for INGOs. Third, I argue that additional moral reasons should influence decision making about INGO resource allocation. Namely, INGO decision making should attend to relational reasons, desert, respect for agency, concern for equity, and the importance of expressing a view of moral wrongs.

Practical Approaches to Adaptive Resource Allocation in OFDM Systems

Directory of Open Access Journals (Sweden)

N. Y. Ermolova

2007-11-01

Full Text Available Whenever a communication system operates in a time-frequency dispersive radio channel, the link adaptation provides a benefit in terms of any system performance metric by employing time, frequency, and, in case of multiple users, multiuser diversities. With respect to an orthogonal frequency division multiplexing (OFDM system, link adaptation includes bit, power, and subcarrier allocations. While the well-known water-filling principle provides the optimal solution for both margin-maximization and rate-maximization problems, implementation complexity often makes difficult its application in practical systems. This paper presents a few suboptimal (low-complexity adaptive loading algorithms for both single- and multiuser OFDM systems. We show that the single-user system performance can be improved by suitable power loading and an algorithm based on the incomplete channel state information is derived. At the same time, the power loading in a multiuser system only slightly affects performance while the initial subcarrier allocation has a rather big impact. A number of subcarrier allocation algorithms are discussed and the best one is derived on the basis of the order statistics theory.

Dynamic fair node spectrum allocation for ad hoc networks using random matrices

Science.gov (United States)

Rahmes, Mark; Lemieux, George; Chester, Dave; Sonnenberg, Jerry

2015-05-01

Dynamic Spectrum Access (DSA) is widely seen as a solution to the problem of limited spectrum, because of its ability to adapt the operating frequency of a radio. Mobile Ad Hoc Networks (MANETs) can extend high-capacity mobile communications over large areas where fixed and tethered-mobile systems are not available. In one use case with high potential impact, cognitive radio employs spectrum sensing to facilitate the identification of allocated frequencies not currently accessed by their primary users. Primary users own the rights to radiate at a specific frequency and geographic location, while secondary users opportunistically attempt to radiate at a specific frequency when the primary user is not using it. We populate a spatial radio environment map (REM) database with known information that can be leveraged in an ad hoc network to facilitate fair path use of the DSA-discovered links. Utilization of high-resolution geospatial data layers in RF propagation analysis is directly applicable. Random matrix theory (RMT) is useful in simulating network layer usage in nodes by a Wishart adjacency matrix. We use the Dijkstra algorithm for discovering ad hoc network node connection patterns. We present a method for analysts to dynamically allocate node-node path and link resources using fair division. User allocation of limited resources as a function of time must be dynamic and based on system fairness policies. The context of fair means that first available request for an asset is not envied as long as it is not yet allocated or tasked in order to prevent cycling of the system. This solution may also save money by offering a Pareto efficient repeatable process. We use a water fill queue algorithm to include Shapley value marginal contributions for allocation.

Asset Allocation of Mutual Fund Investors

OpenAIRE

Dengpan Luo

2003-01-01

This paper studies mutual fund investors' asset allocation decisions using monthly flow data of U.S mutual fund industry from 1984 to 1998. We find that mutual fund investors change their asset allocations between stocks and bonds in reaction to business conditions tracked by changes in expected stock market returns. They tend to allocate less into stock funds during the trough of a business cycle when expected stock market returns are higher and to allocate more into stock funds during the p...

40 CFR 60.4142 - Hg allowance allocations.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 6 2010-07-01 2010-07-01 false Hg allowance allocations. 60.4142... Coal-Fired Electric Steam Generating Units Hg Allowance Allocations § 60.4142 Hg allowance allocations. (a)(1) The baseline heat input (in MMBtu) used with respect to Hg allowance allocations under...

An intelligent allocation algorithm for parallel processing

Science.gov (United States)

Carroll, Chester C.; Homaifar, Abdollah; Ananthram, Kishan G.

1988-01-01

The problem of allocating nodes of a program graph to processors in a parallel processing architecture is considered. The algorithm is based on critical path analysis, some allocation heuristics, and the execution granularity of nodes in a program graph. These factors, and the structure of interprocessor communication network, influence the allocation. To achieve realistic estimations of the executive durations of allocations, the algorithm considers the fact that nodes in a program graph have to communicate through varying numbers of tokens. Coarse and fine granularities have been implemented, with interprocessor token-communication duration, varying from zero up to values comparable to the execution durations of individual nodes. The effect on allocation of communication network structures is demonstrated by performing allocations for crossbar (non-blocking) and star (blocking) networks. The algorithm assumes the availability of as many processors as it needs for the optimal allocation of any program graph. Hence, the focus of allocation has been on varying token-communication durations rather than varying the number of processors. The algorithm always utilizes as many processors as necessary for the optimal allocation of any program graph, depending upon granularity and characteristics of the interprocessor communication network.

Provincial Carbon Emissions Reduction Allocation Plan in China Based on Consumption Perspective

Directory of Open Access Journals (Sweden)

Xuecheng Wang

2018-04-01

Full Text Available China is a country with substantial differences in economic development, energy consumption mix, resources, and technologies, as well as the development path at the provincial level. Therefore, China’s provinces have different potential and degrees of difficulty to carry out carbon emission reduction (CER requirements. In addition, interprovincial trade, with a large amount of embodied carbon emissions, has become the fastest growing driver of China’s total carbon emissions. A reasonable CER allocation plan is, therefore, crucial for realizing the commitment that China announced in the Paris Agreement. How to determine a fair way to allocate provincial CER duties has become a significant challenge for both policy-makers and researchers. In this paper, ecological network analysis (ENA, combined with a multi-regional input-output model (MRIO, is adopted to build an ecological network of embodied emissions across 30 provinces. Then, by using flow analysis and utility analysis based on the ENA model, the specific relationships among different provinces were determined, and the amount of responsibility that a certain province should take quantified, with respect to the embodied carbon emission (ECE flows from interprovincial trade. As a result, we suggest a new CER allocation plan, based on the detailed data of interprovincial relationships and ECE flows.

Regional differences in recipient waitlist time and pre- and post-transplant mortality after the 2006 United Network for Organ Sharing policy changes in the donor heart allocation algorithm.

Science.gov (United States)

Schulze, P Christian; Kitada, Shuichi; Clerkin, Kevin; Jin, Zhezhen; Mancini, Donna M

2014-04-01

This study examined the impact of the United Network for Organ Sharing (UNOS) policy changes for regional differences in waitlist time and mortality before and after heart transplantation. The 2006 UNOS thoracic organ allocation policy change was implemented to allow for greater regional sharing of organs for heart transplantation. We analyzed 36,789 patients who were listed for heart transplantation from January 1999 through April 2012. These patients were separated into 2 eras centered on the July 12, 2006 UNOS policy change. Pre- and post-transplantation characteristics were compared by UNOS regions. Waitlist mortality decreased nationally (up to 180 days: 13.3% vs. 7.9% after the UNOS policy change, p < 0.001) and within each region. Similarly, 2-year post-transplant mortality decreased nationally (2-year mortality: 17.3% vs. 14.6%; p < 0.001) as well as regionally. Waitlist time for UNOS status 1A and 1B candidates increased nationally 17.8 days on average (p < 0.001) with variability between the regions. The greatest increases were in Region 9 (59.2-day increase, p < 0.001) and Region 4 (41.2-day increase, p < 0.001). Although the use of mechanical circulatory support increased nearly 2.3-fold nationally in Era 2, significant differences were present on a regional basis. In Regions 6, 7, and 10, nearly 40% of those transplanted required left ventricular assist device bridging, whereas only 19.6%, 22.3%, and 15.5% required a left ventricular assist device in regions 3, 4, and 5, respectively. The 2006 UNOS policy change has resulted in significant regional heterogeneity with respect to waitlist time and reliance on mechanical circulatory support as a bridge to transplantation, although overall both waitlist mortality and post-transplant survival are improved. Copyright © 2014 American College of Cardiology Foundation. Published by Elsevier Inc. All rights reserved.

18 CFR 367.28 - Methods of allocation.

Science.gov (United States)

2010-04-01

... 18 Conservation of Power and Water Resources 1 2010-04-01 2010-04-01 false Methods of allocation... Instructions § 367.28 Methods of allocation. Indirect costs and compensation for use of capital must be... allocation. Both direct and allocated indirect costs on projects must be assigned among those companies in...

Allocation base of general production costs as optimization of prime costs

Directory of Open Access Journals (Sweden)

Levytska I.O.

2017-03-01

Full Text Available Qualified management aimed at optimizing financial results is the key factor in today's society. Effective management decisions depend on the necessary information about the costs of production process in all its aspects – their structure, types, accounting policies of reflecting costs. General production costs, the so-called indirect costs that are not directly related to the production process, but provide its functioning in terms of supporting structural divisions and create the necessary conditions of production, play a significant role in calculating prime costs of goods (works, services. However, the accurate estimate of prime costs of goods (works, services should be determined with the value of indirect costs (in other words, general production costs, and properly determined with the base of their allocation. The choice of allocation base of general production costs is the significant moment, depending on the nature of business, which must guarantee fair distribution regarding to the largest share of direct expenses in the total structure of production costs. The study finds the essence of general production costs based on the analysis of key definitions of leading Ukrainian economists. The optimal allocation approach of general production costs is to calculate these costs as direct production costs within each subsidiary division (department separately without selecting a base as the main one to the their total amount.

Importance measures and resource allocation

International Nuclear Information System (INIS)

Guey, C.N.; Morgan, T.; Hughes, E.A.

1987-01-01

This paper discusses various importance measures and their practical relevance to allocating resources. The characteristics of importance measures are illustrated through simple examples. Important factors associated with effectively allocating resources to improve plant system performance or to prevent system degradation are discussed. It is concluded that importance measures are only indicative of and not equal to the risk significance of a component, system, or event. A decision framework is suggested to provide a comprehensive basis for resource allocation

Forecasting the Allocation Ratio of Carbon Emission Allowance Currency for 2020 and 2030 in China

Directory of Open Access Journals (Sweden)

Shihong Zeng

2016-07-01

Full Text Available Many countries and scholars have used various strategies to improve and optimize the allocation ratios for carbon emission allowances. This issue is more urgent for China due to the uneven development across the country. This paper proposes a new method that divides low-carbon economy development processes into two separate periods: from 2020 to 2029 and from 2030 to 2050. These two periods have unique requirements and emissions reduction potential; therefore, they must involve different allocation methods, so that reduction behaviors do not stall the development of regional low-carbon economies. During the first period, a more deterministic economic development approach for the carbon emission allowance allocation ratio should be used. During the second period, more adaptive and optimized policy guidance should be employed. We developed a low-carbon economy index evaluation system using the entropy weight method to measure information filtering levels. We conducted vector autoregressive correlation tests, consulted 60 experts for the fuzzy analytic hierarchy process, and we conducted max-min standardized data processing tests. This article presents first- and second-period carbon emission allowance models in combination with a low-carbon economy index evaluation system. Finally, we forecast reasonable carbon emission allowance allocation ratios for China for the periods starting in 2020 and 2030. A good allocation ratio for the carbon emission allowance can help boost China’s economic development and help the country reach its energy conservation and emissions reduction goals.

Disappointment and drop-out rate after being allocated to control group in a smoking cessation trial

DEFF Research Database (Denmark)

Lindström, D; Sundberg-Petersson, I; Adami, J

2010-01-01

If a patient agrees to take part in a randomised trial it is reasonable to presume that the patient would prefer to be allocated into the intervention. This study's aim was to investigate how patients react after they have been randomised into control group....

A New Resource Allocation Protocol for the Backhaul of Underwater Cellular Wireless Networks

Directory of Open Access Journals (Sweden)

Changho Yun

2018-01-01

Full Text Available In this paper, an underwater base station initiating (UBSI resource allocation is proposed for underwater cellular wireless networks (UCWNs, which is a new approach to determine the backhaul capacity of underwater base stations (UBSs. This backhaul is a communication link from a UBS to a UBS controller (UBSC. Contrary to conventional resource allocation protocols, a UBS initiates to re-determine its backhaul capacity for itself according to its queue status; it releases a portion of its backhaul capacity in the case of experiencing resource under-utilization, and also requests additional backhaul capacity to the UBSC if packet drops are caused due to queue-overflow. This protocol can be appropriate and efficient to the underwater backhaul link where the transmission rate is quite low and the latency is unneglectable. In order to investigate the applicability of the UBSI resource allocation protocol to the UCWN, its performance is extensively analyzed via system level simulations. In our analysis, considered performance measures include average packet drop rate, average resource utilization, average message overhead, and the reserved capacity of the UBSC. In particular, the simulation results show that our proposed protocol not only utilizes most of the given backhaul capacity (more than 90 percent of resource utilization on the average, but also reduces controlling message overheads induced by resource allocation (less than 2 controlling messages on the average. It is expected that the simulation results and analysis in this paper can be used as operating guidelines to apply our new resource allocation protocol for the UCWN.

Policy Gradient SMDP for Resource Allocation and Routing in Integrated Services Networks

Science.gov (United States)

Vien, Ngo Anh; Viet, Nguyen Hoang; Lee, Seunggwan; Chung, Taechoong

In this paper, we solve the call admission control (CAC) and routing problem in an integrated network that handles several classes of calls of different values and with different resource requirements. The problem of maximizing the average reward (or cost) of admitted calls per unit time is naturally formulated as a semi-Markov Decision Process (SMDP) problem, but is too complex to allow for an exact solution. Thus in this paper, a policy gradient algorithm, together with a decomposition approach, is proposed to find the dynamic (state-dependent) optimal CAC and routing policy among a parameterized policy space. To implement that gradient algorithm, we approximate the gradient of the average reward. Then, we present a simulation-based algorithm to estimate the approximate gradient of the average reward (called GSMDP algorithm), using only a single sample path of the underlying Markov chain for the SMDP of CAC and routing problem. The algorithm enhances performance in terms of convergence speed, rejection probability, robustness to the changing arrival statistics and an overall received average revenue. The experimental simulations will compare our method's performance with other existing methods and show the robustness of our method.

Optimal allocation of resources in systems

International Nuclear Information System (INIS)

Derman, C.; Lieberman, G.J.; Ross, S.M.

1975-01-01

In the design of a new system, or the maintenance of an old system, allocation of resources is of prime consideration. In allocating resources it is often beneficial to develop a solution that yields an optimal value of the system measure of desirability. In the context of the problems considered in this paper the resources to be allocated are components already produced (assembly problems) and money (allocation in the construction or repair of systems). The measure of desirability for system assembly will usually be maximizing the expected number of systems that perform satisfactorily and the measure in the allocation context will be maximizing the system reliability. Results are presented for these two types of general problems in both a sequential (when appropriate) and non-sequential context

The Association between State Policy Environments and Self-Rated Health Disparities for Sexual Minorities in the United States

Directory of Open Access Journals (Sweden)

Gilbert Gonzales

2018-06-01

Full Text Available A large body of research has documented disparities in health and access to care for lesbian, gay, and bisexual (LGB people in the United States. Less research has examined how the level of legal protection afforded to LGB people (the state policy environment affects health disparities for sexual minorities. This study used data on 14,687 sexual minority adults and 490,071 heterosexual adults from the 2014–2016 Behavioral Risk Factor Surveillance System to document differences in health. Unadjusted state-specific prevalence estimates and multivariable logistic regression models were used to compare poor/fair self-rated health by gender, sexual minority status, and state policy environments (comprehensive versus limited protections for LGB people. We found disparities in self-rated health between sexual minority adults and heterosexual adults in most states. On average, sexual minority men in states with limited protections and sexual minority women in states with either comprehensive or limited protections were more likely to report poor/fair self-rated health compared to their heterosexual counterparts. This study adds new findings on the association between state policy environments and self-rated health for sexual minorities and suggests differences in this relationship by gender. The associations and impacts of state-specific policies affecting LGB populations may vary by gender, as well as other intersectional identities.

Vaccines: from valuation to resource allocation.

Science.gov (United States)

Bloom, David E; Madhavan, Guruprasad

2015-06-08

This review focuses on selected challenges and opportunities concerning broader valuation of vaccines and immunization. The challenges involve conceptualizing and measuring the value of vaccines, while the opportunities relate to the strategic and systematic use of that information in health policy decisions that range from the adoption of particular vaccines in national immunization plans to the allocation of resources to vaccine research, development, and delivery. Clarifying the demonstrable individual, family, and community-level benefits of vaccines will allow the public health community to make better-informed and more meaningful comparisons of the costs of vaccines in relation to their full benefits. Taking advantage of this opportunity will require enhanced data collection and the development of strategic planning tools for transparently assessing trade-offs among the myriad attributes of different vaccines in various social and economic contexts. Copyright © 2015 Elsevier Ltd. All rights reserved.

The European Emission Trading System and competition. Anticompetitive measures beyond reach? An assessment of the grandfathering allocation method and the Performance Standard Rate system

International Nuclear Information System (INIS)

Weishaar, S.

2006-10-01

The center piece of the European Climate Change Program is the ambitious Greenhouse Gas Emissions Trading Scheme (EU ETS, Directive 2003/87/EC) which helps Member States to fulfill their Kyoto commitments. It particularly facilitates the old EU 15 Member States to make progress towards meeting their particular greenhouse gas emissions reduction goals committed under the Burden Sharing Agreement. EU Member States have developed national greenhouse gas allowances allocation plans and distributed these allowances to around 5000 operators with approximately 12.000 installations. Differences between allocations can give rise to severe anticompetitive effects. Undue interventions by Member States are largely contained through the application of the four freedoms, while EC Competition law (Articles 81 and 82) is geared to the containment of competitive distortions arising in particular from undue behavior of firms. State involvement in infringements is addressed through Articles 87 (State aid) and 86 (public undertakings) and the 'joint application doctrine' (Articles 10(2), 3(g), 81 and 82) which was developed by the ECJ upon recognition that State measures can undermine the effectiveness of the EC Treaty. The paper examines how anticompetitive distortions originating from Member State action under National Allocation Plans in general and by application of (historical) grandfathering and the (hypothetical) Performance Standard Rate (PSR) allocation format in particular are dealt with under European competition law rules. The PSR System is a relative benchmark system with an intended cap for all participants but without a cap for individual operators. This alternative approach has been developed and is actually in use for the Dutch NOx Emission Trading System. An interdisciplinary industrial economic and competition law framework is chosen to formulate an economic critique. After the introductory part the anticompetitive effects originating in State measures are examined

On the effects of monetary policy shocks in developing countries

Directory of Open Access Journals (Sweden)

Magda Kandil

2014-06-01

Full Text Available Using annual data for a sample of developing countries, the time-series evidence indicates the allocation of monetary policy shocks, both expansionary and contractionary, between price inflation and output growth. Subsequently, cross-country regressions evaluate factors that underlie the difference in these allocations and their implications. The real effects of monetary shocks increase as the elasticity of aggregate demand increases with respect to monetary shocks. Nonetheless, capacity constraints hamper the output adjustment to monetary shocks and increase price inflation. Across countries, trend output growth increases with the output response to monetary shocks. Consistent with the stabilizing function of monetary policy, the variability of output growth decreases in the face of monetary fluctuations across countries. In contrast, monetary fluctuations increase the trend and variability of price inflation across countries.

Quantification and Multi-purpose Allocation of Water Resources in a Dual-reservoir System

Science.gov (United States)

Salami, Y. D.

2017-12-01

Transboundary rivers that run through separate water management jurisdictions sometimes experience competitive water usage. Where the river has multiple existing or planned dams along its course, quantification and efficient allocation of water for such purposes as hydropower generation, irrigation for agriculture, and water supply can be a challenge. This problem is even more pronounced when large parts of the river basin are located in semi-arid regions known for water insecurity, poor crop yields from irrigation scheme failures, and human population displacement arising from water-related conflict. This study seeks to mitigate the impacts of such factors on the Kainji-Jebba dual-reservoir system located along the Niger River in Africa by seasonally quantifying and efficiently apportioning water to all stipulated uses of both dams thereby improving operational policy and long-term water security. Historical storage fluctuations (18 km3 to 5 km3) and flows into and out of both reservoirs were analyzed for relationships to such things as surrounding catchment contribution, dam operational policies, irrigation and hydropower requirements, etc. Optimum values of the aforementioned parameters were then determined by simulations based upon hydrological contributions and withdrawals and worst case scenarios of natural and anthropogenic conditions (like annual probability of reservoir depletion) affecting water availability and allocation. Finally, quantification and optimized allocation of water was done based on needs for hydropower, irrigation for agriculture, water supply, and storage evacuation for flood control. Results revealed that water supply potential increased by 69%, average agricultural yield improved by 36%, and hydropower generation increased by 54% and 66% at the upstream and downstream dams respectively. Lessons learned from this study may help provide a robust and practical means of water resources management in similar river basins and multi

The invisibility of children's paid and unpaid work: implications for Ethiopia's national poverty reduction policy

NARCIS (Netherlands)

Woldehanna, T.; Jones, N.; Tefera, B.

2008-01-01

The complexities of intergenerational and gendered intra-household resource allocations are frequently overlooked in poverty reduction policies. To address this lacuna, this article focuses on links between macro-development policies and children's paid and unpaid work burden in Ethiopia. Using a

What is driving rates of social policy preliminary references to the CJEU? Evidence from the United Kingdom and France

Science.gov (United States)

Sigafoos, Jennifer

2013-01-01

Preliminary references to the Court of Justice for the European Union are unevenly distributed across the EU, creating differing access to justice for European citizens. This study presents case studies of the UK and France, exploring factors affecting rates of social policy preliminary references from 1996–2009. The UK had a rate twice that of France. What accounts for this difference? Analysis of documentary evidence and 25 expert interviews help to explain the differing rates. Themes were related to policy, structural factors and the agency of actors. In the UK, policy themes are the free movement of persons and the ‘Right to Reside’ test. Legal aid and legal NGOs help individuals access the Court and drive test case strategies. In France, a high degree of dualisation in the welfare state creates an insider/outsider dynamic. Coupled with the resistance of courts and a lack of comparable actors to drive preliminary references, this contributes to a lower rate of references. PMID:23565042

Allocating multiple units

DEFF Research Database (Denmark)

Tranæs, Torben; Krishna, Kala

2002-01-01

This paper studies the allocation and rent distribution in multi-unit, combinatorial-bid auctions under complete information. We focus on the natural multi-unit analogue of the first-price auction, where buyers bid total payments, pay their bids, and where the seller allocates goods to maximize his...... auction, which is the multi unit analogue of a second-price auction. Furthermore, we characterize these equilibria when valuations take a number of different forms: diminishing marginal valuations, increasing average valuations, and marginal valuations with single turning points...

ESG Allocations

Data.gov (United States)

Department of Housing and Urban Development — This report displays the Emergency Solutions Grants (ESG), formerly Emergency Shelter Grants, allocation by jurisdiction. The website allows users to look at...

Game-Theoretic Social-Aware Resource Allocation for Device-to-Device Communications Underlaying Cellular Network

Directory of Open Access Journals (Sweden)

Lei Wang

2018-01-01

Full Text Available Device-to-Device communication underlaying cellular network can increase the spectrum efficiency due to direct proximity communication and frequency reuse. However, such performance improvement is influenced by the power interference caused by spectrum sharing and social characteristics in each social community jointly. In this investigation, we present a dynamic game theory with complete information based D2D resource allocation scheme for D2D communication underlaying cellular network. In this resource allocation method, we quantify both the rate influence from the power interference caused by the D2D transmitter to cellular users and rate enhancement brought by the social relationships between mobile users. Then, the utility function maximization game is formulated to optimize the overall transmission rate performance of the network, which synthetically measures the final influence from both power interference and sociality enhancement. Simultaneously, we discuss the Nash Equilibrium of the proposed utility function maximization game from a theoretical point of view and further put forward a utility priority searching algorithm based resource allocation scheme. Simulation results show that our proposed scheme attains better performance compared with the other two advanced proposals.

Policy impact of the Indonesian Central Bank certificate related on loan interest rate to the demand growth of property

Science.gov (United States)

Wirjodirdjo, B.; Asjari, H. Y.

2018-04-01

The Indonesian economic indicators shown a positive progress in the last three years, Foreign exchange reserves position of the end of March 2017 stood at US 121.8 billion higher than the position of the end of 2015 amounted to US 105.9 billion of the end of 2015. This reserve would ensure the resilience and maintaining sustainable Indonesian economic growth in the future. Although Indonesia’s foreign exchange is better, the structure of expenditure in the country is still less than ideal due the proportion of spending of consumer goods is far greater than the capital goods and tend to be unproductive spending. This needs to be regulated so that in the long term does not cause balance of payments deficit. Therefore, Indonesian Central Bank took a policy to raise interest rates for retail banks from 6% to 7.25% per annum gradually up to present. Policies relating to the interest rates on loans are intended to reduce the proportion of debt financing of consumer goods, however, these policies have implications to various economic sectors and one of those is property sector. A lot of research has been conducted related the impact of loan interest to the property sector but most of it is still in partial related to the ability the people to buy. However, this research has tried to see the implication of the macro Economic Policy of Indonesian Central Bank to the property sector as a systemic problem. This paper is going to present the study on the effects of these policies on the property sector, especially residence house. To obtain a comprehensive analysis and capture the relationship between interest rate policies and their impacts to the property sector, in this study the model developed and simulated using system dynamic methodology as an approach. Various scenarios are applied to the model to get an accurate information about how and when the effectiveness of the policy related to the property sector can be enforced. The result of this study can be delivered to

Communication Strategies to Counter Stigma and Improve Mental Illness and Substance Use Disorder Policy.

Science.gov (United States)

McGinty, Emma; Pescosolido, Bernice; Kennedy-Hendricks, Alene; Barry, Colleen L

2018-02-01

Despite the high burden and poor rates of treatment associated with mental illness and substance use disorders, public support for allocating resources to improving treatment for these disorders is low. A growing body of research suggests that effective policy communication strategies can increase public support for policies benefiting people with these conditions. In October 2015, the Center for Mental Health and Addiction Policy Research at Johns Hopkins University convened an expert forum to identify what is currently known about the effectiveness of such policy communication strategies and produce recommendations for future research. One of the key conclusions of the forum was that communication strategies using personal narratives to engage audiences have the potential to increase public support for policies benefiting persons with mental illness or substance use disorders. Specifically, narratives combining personal stories with depictions of structural barriers to mental illness and substance use disorder treatment can increase the public's willingness to invest in the treatment system. Depictions of mental illness and violence significantly increase public stigma toward people with mental illness and are no more effective in increasing willingness to invest in mental health services than nonstigmatizing messages about structural barriers to treatment. Future research should prioritize development and evaluation of communication strategies to increase public support for evidence-based substance use disorder policies, including harm reduction policies-such as needle exchange programs-and policies expanding treatment.

Designing a climate change policy for the international maritime transport sector: Market-based measures and technological options for global and regional policy actions

International Nuclear Information System (INIS)

Miola, A.; Marra, M.; Ciuffo, B.

2011-01-01

The international maritime transport sector has a significant abatement potential and some technical improvements that reduce GHG emissions would already be profitable without any policy in place. This paper analyses in-depth the limits and opportunities of policy options currently under consideration at the international level to stimulate the sector to reduce its GHG emissions. In particular, in order for the maritime transport sector to become more environmentally friendly, the flexible nature of international market-based measures and the European Union Emission Trading Scheme provide a definite window of opportunity without placing unnecessary high burden on the sector. However, the development of a regional policy, such as at European level, for the international maritime transport sector faces several obstacles: allocation of emissions, carbon leakage, permit allocation, treatment of the great variety in ship type, size and usage, and transaction cost. Global market-based policies could overcome most of these challenges. This paper provides an in-depth analysis of the policy instruments currently under discussion to reduce the sector's burden on the environment, and focuses on economic theory, legal principles, technological options, and the political framework that together make up the basis of decision-making regarding the international maritime transport sector's climate change policies. - Highlights: → Technologies for a more environmental friendly maritime transport sector and their cost-effectiveness. → How to combine ambitious CO 2 reduction goals with a sector-wide market-based policy. → Permits should be auctioned frequently and small emitters have to be excluded. → Inclusion of shipping in the EU ETS causes carbon leakage, so the policy should aim at expansion.

Liver allocation and distribution: time for a change.

Science.gov (United States)

Deshpande, Ranjit; Hirose, Ryutaro; Mulligan, David

2017-04-01

Liver allograft allocation has been a topic of hot debate for over a decade. New redistricting changes have been proposed by the Liver and Intestinal Transplant Committee to the existing United Network for Organ Sharing (UNOS) liver allocation policy. The basis of this new proposal is similar to the old one with an aim to distribute organs in a fair, efficient and equitable fashion. In this review, we plan to look in depth at the redistribution proposals thus far, their merits and how they may help patients who do not have adequate access to livers. Many authors have criticized the proposed changes to organ distribution to reduce geographic disparity in access to liver transplantation. Our focus in this article is to bring forth the most recent literature and proposed changes in the current distribution system. We will also mention two other possible methods that have been proposed to redesign distribution using concentric circles and neighborhoods. In this article, we also look at the economics of the redistricting proposal and its effects on transplant centers. The UNOS Liver and Intestinal Transplant Committee has recommended a proposal using the eight-district model with proximity circles and three additional Model for End-Stage Liver Disease (MELD) points with initial sharing MELD threshold of 25 as a starting point to reduce disparity in patient access to deceased donor livers for transplantation. This proposal has met with significant resistance because of concerns of cost, logistics and impact on existing transplant centers. Other methodologies have also been proposed that have the potential to significantly improve our current disparity of access to life-saving organs. Variation in the supply of donor organs vs. the demand or need for liver transplant by geography and the current defined areas of distribution drive this disparity. Cost benefits to the healthcare system in caring for patients with advanced stages of liver disease may outweigh increased

Norwegian oil and gas policy

Energy Technology Data Exchange (ETDEWEB)

Gjerde, B

1978-04-01

The Norwegian Minister of Oil and Energy explains the importance of integrating petroleum policy into the broad political picture because of Norway's economic situation. Since oil was found on the continental shelf 13 years ago, changes have been made in projected production levels to reflect the international recession and concerns over unemployment in Norway. Policies are aimed at keeping a constant activity in the petroleum sector through allocation of particular block development that will improve continental shelf mapping and encourage new deepwater exploration and development. He outlines licensing criteria and future exploratory activities. The report covers aspects of safety, transportation, and landing and the impacts of petroleum activities on Norwegian communities.

African Health Economics and Policy Research Capacity Building ...

International Development Research Centre (IDRC) Digital Library (Canada)

African Health Economics and Policy Research Capacity Building and Dissemination. As African countries move toward universal health coverage, it is clear there is a shortage of African experts with applied research skills in health financing such as fiscal space analysis, needs-based resource allocation methods, and ...

Joint Load Balancing and Power Allocation for Hybrid VLC/RF Networks

KAUST Repository

Obeed, Mohanad

2018-01-15

In this paper, we propose and study a new joint load balancing (LB) and power allocation (PA) scheme for a hybrid visible light communication (VLC) and radio frequency (RF) system consisting of one RF\\\\access point (AP) and multiple VLC\\\\APs. An iterative algorithm is proposed to distribute the users on the APs and distribute the powers of these APs on their users. In PA subproblem, an optimization problem is formulated to allocate the power of each AP to the connected users for the total achievable data rates maximization. It is proved that the PA optimization problem is concave but not easy to tackle. Therefore, we provide a new algorithm to obtain the optimal dual variables after formulating them in terms of each other. Then, the users that are connected to the overloaded APs and receive less data rates start seeking for other APs that offer higher data rates. Users with lower data rates continue re-connecting from AP to other to balance the load only if this travel increases the summation of the achievable data rates and enhances the system fairness. The numerical results demonstrate that the proposed algorithms improve the system capacity and system fairness with fast convergence.

Joint Load Balancing and Power Allocation for Hybrid VLC/RF Networks

KAUST Repository

Obeed, Mohanad; Salhab, Anas M.; Zummo, Salam A.; Alouini, Mohamed-Slim

2018-01-01

In this paper, we propose and study a new joint load balancing (LB) and power allocation (PA) scheme for a hybrid visible light communication (VLC) and radio frequency (RF) system consisting of one RF\\access point (AP) and multiple VLC\\APs. An iterative algorithm is proposed to distribute the users on the APs and distribute the powers of these APs on their users. In PA subproblem, an optimization problem is formulated to allocate the power of each AP to the connected users for the total achievable data rates maximization. It is proved that the PA optimization problem is concave but not easy to tackle. Therefore, we provide a new algorithm to obtain the optimal dual variables after formulating them in terms of each other. Then, the users that are connected to the overloaded APs and receive less data rates start seeking for other APs that offer higher data rates. Users with lower data rates continue re-connecting from AP to other to balance the load only if this travel increases the summation of the achievable data rates and enhances the system fairness. The numerical results demonstrate that the proposed algorithms improve the system capacity and system fairness with fast convergence.

Resource Allocation for the Multiband Relay Channel: A Building Block for Hybrid Wireless Networks

Directory of Open Access Journals (Sweden)

Kyounghwan Lee

2010-01-01

Full Text Available We investigate optimal resource allocation for the multiband relay channel. We find the optimal power and bandwidth allocation strategies that maximize the bounds on the capacity, by solving the corresponding max-min optimization problem. We provide sufficient conditions under which the associated max-min problem is equivalent to a supporting plane problem, which renders the solution for an arbitrary number of bands tractable. In addition, the sufficient conditions derived are general enough so that a class of utility functions can be accommodated with this formulation. As an example, we concentrate on the case where the source has two bands and the relay has a single band available and find the optimal resource allocation. We observe that joint power and bandwidth optimization always yields higher achievable rates than power optimization alone, establishing the merit of bandwidth sharing. Motivated by our analytical results, we examine a simple scenario where new channels become available for a transmitter to communicate; that is, new source to relay bands are added to a frequency division relay network. Given the channel conditions of the network, we establish the guidelines on how to allocate resources in order to achieve higher rates, depending on the relative quality of the available links.

Resource Allocation for Outdoor Visible Light Communications with Energy Harvesting Capabilities

KAUST Repository

Abdelhady, Amr Mohamed Abdelaziz

2018-01-25

Visible light communication (VLC) is a promising technology that can support high data rate services for outdoor mass gathering night events while permitting energy harvesting. In this paper, a VLC system is considered where a transmitter sends data to multiple users with energy harvesting capabilities. This multi-user VLC scenario can be supported using time division multiple access (TDMA). The achievable rates using TDMA are expressed in terms of the allocated resources per user, represented by average optical intensity and time slots. This allocation is to be optimized in order to maximize the average spectral efficiency while meeting power and quality-of-service (QoS) constraints. Herein, QoS is defined as a worst-case guaranteed rate and a minimum harvested energy. To solve this optimization, the optimality conditions are first derived. Then, an efficient algorithm is developed based on the derived conditions, and its near-optimality is verified through several numerical evaluations. The obtained performance is also compared to lower-complexity algorithms, thus reflecting the performance-complexity trade-off of these algorithms.

Optimal Allocation of Wind Turbines by Considering Transmission Security Constraints and Power System Stability

Directory of Open Access Journals (Sweden)

Rodrigo Palma-Behnke

2013-01-01

Full Text Available A novel optimization methodology consisting of finding the near optimal location of wind turbines (WTs on a planned transmission network in a secure and cost-effective way is presented on this paper. While minimizing the investment costs of WTs, the algorithm allocates the turbines so that a desired wind power energy-penetration level is reached. The optimization considers both transmission security and power system stability constraints. The results of the optimization provide regulators with a support instrument to give proper signals to WT investors, in order to achieve secure and cost effective wind power network integration. The proposal is especially aimed at countries in the initial stage of wind power development, where the WT network integration process can still be influenced by policy-makers. The proposed methodology is validated with a real power system. Obtained results are compared with those generated from a business-as-usual (BAU scenario, in which the WT network allocation is made according to existing WT projects. The proposed WT network allocation scheme not only reduces the total investment costs associated with a determined wind power energy target, but also improves power system stability.

Social rate of return to R&D on various energy technologies: Where should we invest more? A study of G7 countries

International Nuclear Information System (INIS)

Inglesi-Lotz, Roula

2017-01-01

The importance of investment in Research and Development (R&D) in the energy sector is indisputable especially considering the benefits of new technologies to sustainability, security and environmental protection. However, the nature and potential of various energy technologies that are capable of improving the energy and environmental conditions globally is a challenging task for governments and policy makers that have to make decisions on the allocation of funds in R&D. To do so, the optimal resource allocation to R&D should be determined by estimating the social rate of return for R&D investments. This paper aims to estimate the social rate of return of R&D on various energy applications and technologies such as energy efficiency, fossil fuels, renewable energy sources, and nuclear for the G7 countries. The results show that primarily R&D investment on Energy Efficiency technologies and Nuclear are the ones that yield high social benefits for all G7 countries while exactly the opposite holds for Fossil fuels. - Highlights: • Allocation of R&D funding in various energy technologies is a challenging task. • This can be done by estimating the social rate of return for R&D investments • We investigate various technologies’ social rate of return for the G7 countries. • R&D funding yields social benefits from energy efficiency and nuclear technologies. • R&D investment on fossil fuels has negative social rate of return.

Uncertainty-accounting environmental policy and management of water systems.

Science.gov (United States)

Baresel, Christian; Destouni, Georgia

2007-05-15

Environmental policies for water quality and ecosystem management do not commonly require explicit stochastic accounts of uncertainty and risk associated with the quantification and prediction of waterborne pollutant loads and abatement effects. In this study, we formulate and investigate a possible environmental policy that does require an explicit stochastic uncertainty account. We compare both the environmental and economic resource allocation performance of such an uncertainty-accounting environmental policy with that of deterministic, risk-prone and risk-averse environmental policies under a range of different hypothetical, yet still possible, scenarios. The comparison indicates that a stochastic uncertainty-accounting policy may perform better than deterministic policies over a range of different scenarios. Even in the absence of reliable site-specific data, reported literature values appear to be useful for such a stochastic account of uncertainty.

Public Utility Regulatory Policies Act of 1978: Natural Gas Rate Design Study

Energy Technology Data Exchange (ETDEWEB)

None

1980-05-01

First, the comments on May 3, 1979 Notice of Inquiry of DOE relating to the Gas Utility Rate Design Study Required by Section 306 of PURPA are presented. Then, comments on the following are included: (1) ICF Gas Utility Model, Gas Utility Model Data Outputs, Scenario Design; (2) Interim Model Development Report with Example Case Illustrations; (3) Interim Report on Simulation of Seven Rate Forms; (4) Methodology for Assessing the Impacts of Alternative Rate Designs on Industrial Energy Use; (5) Simulation of Marginal-Cost-Based Natural Gas Rates; and (6) Preliminary Discussion Draft of the Gas Rate Design Study. Among the most frequent comments expressed were the following: (a) the public should be given the opportunity to review the final report prior to its submission to Congress; (b) results based on a single computer model of only four hypothetical utility situations cannot be used for policy-making purposes for individual companies or the entire gas industry; (c) there has been an unobjective treatment of traditional and economic cost rate structures; the practical difficulties and potential detrimental consequences of economic cost rates are not fully disclosed; and (d) it is erroneous to assume that end users, particularly residential customers, are influenced by price signals in the rate structure, as opposed to the total bill.

An Analysis and Allocation System for Library Collections Budgets: The Comprehensive Allocation Process (CAP)

Science.gov (United States)

Lyons, Lucy Eleonore; Blosser, John

2012-01-01

The "Comprehensive Allocation Process" (CAP) is a reproducible decision-making structure for the allocation of new collections funds, for the reallocation of funds within stagnant budgets, and for budget cuts in the face of reduced funding levels. This system was designed to overcome common shortcomings of current methods. Its philosophical…

76 FR 58790 - Notice of Interim Approval

Science.gov (United States)

2011-09-22

... to the customers. Rate Scenario 3--Original Cumberland Marketing Policy The third rate alternative... an interim basis to the customers. Rate Scenario 3--Original Cumberland Marketing Policy The third... allocated on an interim basis to the customers. Rate Scenario 3--Original Cumberland Marketing Policy The...

Competitiveness and carbon leakages in industry under asymmetric climate policy

International Nuclear Information System (INIS)

Demailly, D.

2008-02-01

This research aims at studying how to predict competitiveness loss for an industry submitted to an asymmetric carbon constraint, and carbon leakages, whether high losses and important leakages might be feared, and which policies can be used to mitigate these losses and escapes. The author analyses and comments the content of four articles dealing with: the impact on competitiveness, revenue distribution and economic efficiency of a change in the allocation rules for EU greenhouse gas allowances; the relationship between allocation of CO 2 allowances and competitiveness in the case of the European iron and steel industry; CO 2 abatement, competitiveness and leakage in the European cement industry under EU ETS; and leakage from climate policies and border tax adjustment (lessons from a geographic model of the cement industry). Then, the author combines several approaches to study the cement and steel industries

Next allocation phase of the EU emissions trading scheme: How tough will the future be?

International Nuclear Information System (INIS)

Georgopoulou, E.; Sarafidis, Y.; Mirasgedis, S.; Lalas, D.P.

2006-01-01

The development of National Allocation Plans (NAPs) for the first phase 2005-2007 of the EU emissions trading scheme (EU-ETS) was accompanied by the stated concern of the industrial enterprises with installations that fall under the scope of the relevant Directive 2003/87, since the impacts of the allocation in their financial and technical modes of operation were judged to be severe. Thus, the intensity of the negotiations for the next allocation phase (i.e. 2008-2012), is expected to be heated. With a view to assisting enterprises, especially in the energy sector or for which energy use and its management is a crucial part of their activity, to incorporate in their business plans the impacts of the Directive in an informed manner, an attempt is made here to explore the constraints and the available options that will guide the coming EU-ETS potential allocations. In the analysis, the credits derived from the use of CDM are specifically taken into account. The results show that the next allocations would tend to be significantly more stringent than the current ones because of the combined effect of no inter-period transfer of allowances, the amount of CDM credits expected to be available compared to the amount of effort that would be required and the yield of emission reductions from existing or planned policies and measures. It becomes then crucial, if not imperative, for the enterprises involved as well as national governments to examine carefully means to address their obligations under the Directive

Reasons for and challenges of recent increases in teen birth rates: a study of family planning service policies and demographic changes at the state level.

Science.gov (United States)

Yang, Zhou; Gaydos, Laura M

2010-06-01

After declining for over a decade, the birth rate in the United States for adolescents aged 15-19 years increased by 3% in 2006 and 1% again in 2007. We examined demographic and policy reasons for this trend at state level. With data merged from multiple sources, descriptive analysis was used to detect state-level trends in birth rate and policy changes from 2000 to 2006, and variations in the distribution of teen birth rates, sex education, and family planning service policies, and demographic features across each state in 2006. Regression analysis was then conducted to estimate the effect of several reproductive health policies and demographic features on teen birth rates at the state level. Instrument variable was used to correct possible bias in the regression analysis. Medicaid family planning waivers were found to reduce teen birth rates across all ages and races. Abstinence-only education programs were found to cause an increase in teen birth rates among white and black teens. The increasing Hispanic population is another driving force for high teen birth rates. Both demographic factors and policy changes contributed to the increase in teen birth rates between 2000 and 2006. Future policy and behavioral interventions should focus on promoting and increasing access to contraceptive use. Family planning policies should be crafted to address the special needs of teens from different cultural backgrounds, especially Hispanics. Copyright 2010 Society for Adolescent Health and Medicine. Published by Elsevier Inc. All rights reserved.

Endogeneously arising network allocation rules

NARCIS (Netherlands)

Slikker, M.

2006-01-01

In this paper we study endogenously arising network allocation rules. We focus on three allocation rules: the Myerson value, the position value and the component-wise egalitarian solution. For any of these three rules we provide a characterization based on component efficiency and some balanced

Economic and policy implications of pandemic influenza.

Energy Technology Data Exchange (ETDEWEB)

Smith, Braeton J.; Starks, Shirley J.; Loose, Verne W.; Brown, Theresa Jean; Warren, Drake E.; Vargas, Vanessa N.

2010-03-01

Pandemic influenza has become a serious global health concern; in response, governments around the world have allocated increasing funds to containment of public health threats from this disease. Pandemic influenza is also recognized to have serious economic implications, causing illness and absence that reduces worker productivity and economic output and, through mortality, robs nations of their most valuable assets - human resources. This paper reports two studies that investigate both the short- and long-term economic implications of a pandemic flu outbreak. Policy makers can use the growing number of economic impact estimates to decide how much to spend to combat the pandemic influenza outbreaks. Experts recognize that pandemic influenza has serious global economic implications. The illness causes absenteeism, reduced worker productivity, and therefore reduced economic output. This, combined with the associated mortality rate, robs nations of valuable human resources. Policy makers can use economic impact estimates to decide how much to spend to combat the pandemic influenza outbreaks. In this paper economists examine two studies which investigate both the short- and long-term economic implications of a pandemic influenza outbreak. Resulting policy implications are also discussed. The research uses the Regional Economic Modeling, Inc. (REMI) Policy Insight + Model. This model provides a dynamic, regional, North America Industrial Classification System (NAICS) industry-structured framework for forecasting. It is supported by a population dynamics model that is well-adapted to investigating macro-economic implications of pandemic influenza, including possible demand side effects. The studies reported in this paper exercise all of these capabilities.

Joint duplex mode selection, channel allocation, and power control for full-duplex cognitive femtocell networks

Directory of Open Access Journals (Sweden)

Mingjie Feng

2015-02-01

Full Text Available In this paper, we aim to maximize the sum rate of a full-duplex cognitive femtocell network (FDCFN as well as guaranteeing the quality of service (QoS of users in the form of a required signal to interference plus noise ratios (SINR. We first consider the case of a pair of channels, and develop optimum-achieving power control solutions. Then, for the case of multiple channels, we formulate joint duplex model selection, power control, and channel allocation as a mixed integer nonlinear problem (MINLP, and propose an iterative framework to solve it. The proposed iterative framework consists of a duplex mode selection scheme, a near-optimal distributed power control algorithm, and a greedy channel allocation algorithm. We prove the convergence of the proposed iterative framework as well as a lower bound for the greedy channel allocation algorithm. Numerical results show that the proposed schemes effectively improve the sum rate of FDCFNs.

Redistribution effects of energy and climate policy: The electricity market

International Nuclear Information System (INIS)

Hirth, Lion; Ueckerdt, Falko

2013-01-01

Energy and climate policies are usually seen as measures to internalize externalities. However, as a side effect, the introduction of these policies redistributes wealth between consumers and producers, and within these groups. While redistribution is seldom the focus of the academic literature in energy economics, it plays a central role in public debates and policy decisions. This paper compares the distributional effects of two major electricity policies: support schemes for renewable energy sources, and CO 2 pricing. We find that the redistribution effects of both policies are large, and they work in opposed directions. While renewables support transfers wealth from producers to consumers, carbon pricing does the opposite. More specifically, we show that moderate amounts of wind subsidies can increase consumer surplus, even if consumers bear the subsidy costs. CO 2 pricing, in contrast, increases aggregated producer surplus, even without free allocation of emission allowances; however, not all types of producers benefit. These findings are derived from an analytical model of electricity markets, and a calibrated numerical model of Northwestern Europe. Our findings imply that if policy makers want to avoid large redistribution they might prefer a mix of policies, even if CO 2 pricing alone is the first-best climate policy in terms of allocative efficiency. -- Graphical abstract: Display Omitted -- Highlights: •CO 2 pricing and renewables support have strikingly different impacts on rents. •Carbon pricing increases producer surplus and decreases consumer surplus. •Renewable support schemes (portfolio standards, feed-in tariffs) do the opposite. •We model these impacts theoretically and quantify them for Europe. •Redistribution of wealth is found to be significant in size

A survey of energy policy priorities in the United States: Energy supply security, economics, and the environment

International Nuclear Information System (INIS)

Manley, Dawn K.; Hines, Valerie A.; Jordan, Matthew W.; Stoltz, Ronald E.

2013-01-01

Security, environment, and economic concerns are commonly identified as three major objectives of energy policy. State and federal governments have set aggressive targets for carbon emissions reductions and for alternative fuel use and increased vehicle efficiency to reduce petroleum consumption. Moreover, jobs creation and GDP growth are often cited as key drivers for energy policies. Previous studies on energy policy decision-making have examined the process for developing and evaluating options using multi-criteria decision analysis tools. In addition, energy opinion polls have either elicited preferences between two goals or whether the public supports a specific policy action. In this article, we report results from a survey of 884 members of professional membership organizations on how the U.S. should prioritize energy policy across the goals of energy supply security, environment and climate, and economics and job creation. The majority favor policymaking that is balanced across all three. Security and economic concerns increase with age for male respondents, whereas environment is the highest priority for females regardless of age. Unlike previous surveys that target the general public and focus on a particular objective or technology, these results provide an example of eliciting a portfolio allocation across multiple energy policy goals from targeted constituents. - Highlights: • We surveyed 884 members of professional membership organizations on how the U.S. should prioritize energy policy. • The paper addresses direct elicitation of energy policy goal portfolio allocation for a large set of energy stakeholders. • The majority of respondents favor policymaking balanced across multiple goals. • We observed differences in priorities based on age and gender. • Respondents expressed a tension in allocating across goals that are interrelated

24 CFR 791.404 - Field Office allocation planning.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Field Office allocation planning... Allocation of Budget Authority for Housing Assistance § 791.404 Field Office allocation planning. (a) General objective. The allocation planning process should provide for the equitable distribution of available budget...

Decline in oil prices and the negative interest rate policy in Japan

OpenAIRE

Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad

2016-01-01

In April 2013, the Bank of Japan (BOJ) introduced an inflation target of 2% with the aim of overcoming deflation and achieving sustainable economic growth. But due to lower international oil prices it was unable to achieve this target and was forced to take further measures. Hence, in February 2016, the BOJ adopted a negative interest rate policy by massively increasing the money supply through purchasing long-term Japanese government bonds (JGBs). The BOJ had previously only purchased short-...

Integrated waste load allocation for river water pollution control under uncertainty: a case study of Tuojiang River, China.

Science.gov (United States)

Xu, Jiuping; Hou, Shuhua; Yao, Liming; Li, Chaozhi

2017-07-01

This paper presents a bi-level optimization waste load allocation programming model under a fuzzy random environment to assist integrated river pollution control. Taking account of the leader-follower decision-making in the water function zones framework, the proposed approach examines the decision making feedback relationships and conflict coordination between the river basin authority and the regional Environmental Protection Agency (EPA) based on the Stackelberg-Nash equilibrium strategy. In the pollution control system, the river basin authority, as the leader, allocates equitable emissions rights to different subareas, and the then subarea EPA, as the followers, reallocates the limited resources to various functional zones to minimize pollution costs. This research also considers the uncertainty in the water pollution management, and the uncertain input information is expressed as fuzzy random variables. The proposed methodological approach is then applied to Tuojiang River in China and the bi-level linear programming model solutions are achieved using the Karush-Kuhn-Tucker condition. Based on the waste load allocation scheme results and various scenario analyses and discussion, some operational policies are proposed to assist decision makers (DMs) cope with waste load allocation problem for integrated river pollution control for the overall benefits.

Innovation Policy Development and the Emergence of New Innovation Paradigms

DEFF Research Database (Denmark)

Tanev, Stoyan; Knudsen, Mette Præst; Bisgaard, Tanja

2011-01-01

The objective of the present article is to discuss innovation policy issues related to three emerging innovation paradigms: user-driven innovation, open innovation, and value cocreation. It provides a summary of insights based on innovation policy practices and challenges in Denmark. The choice...... of Danish innovation policy practices is not accidental. In 2008 Denmark implemented 40 different national innovation programs by allocating about 400 million euros. Since the three emerging paradigms have become globally relevant, the discussion of Danish policy development challenges and practices...... is expected to be insightful for innovation experts from other developed countries that are currently dealing with the adoption of these paradigms....

Type monotonic allocation schemes for multi-glove games

OpenAIRE

Brânzei, R.; Solymosi, T.; Tijs, S.H.

2007-01-01

Multiglove markets and corresponding games are considered.For this class of games we introduce the notion of type monotonic allocation scheme.Allocation rules for multiglove markets based on weight systems are introduced and characterized.These allocation rules generate type monotonic allocation schemes for multiglove games and are also helpful in proving that each core element of the corresponding game is extendable to a type monotonic allocation scheme.The T-value turns out to generate a ty...

The Ground Rules for Effective OBAs: Principles for Addressing Carbon-Pricing Competitiveness Concerns through the Use of Output-Based Allocations

Directory of Open Access Journals (Sweden)

Sarah Dobson

2017-06-01

Full Text Available The federal government’s decision to impose a minimum national price on carbon emissions has the potential to make certain businesses in the country less competitive. Specifically, there are emissions-intensive and trade-exposed industries across Canada that compete against producers from other jurisdictions where governments do not put a price on carbon. For these industries, the obligation to pay a carbon price creates a competitive disadvantage. Specifically, these businesses will face higher costs and may encounter a loss of market share to international competitors from jurisdictions that lack the same emission-control measures. That not only hurts Canadian businesses, it could also negate any emissions reductions that carbon pricing in Canada achieves on a global scale. The federal government has opted to protect such emissions-intensive, tradeexposed businesses using subsidies called output-based allocations (OBAs. This is the same system that Alberta is introducing through its forthcoming Carbon Competiveness Regulation. It also shares certain similarities with cap-and-trade programs, such as those in Ontario and Quebec, which provide free allocations of emissions permits to certain firms. OBAs are a desirable complementary policy to a carbon price as they maintain the incentive for producers to invest in production methods and facilities that are less emissions intensive. So while producers are still, nevertheless, subsidized to offset the tax burden of the carbon price, they will, under an OBA system, see greater benefits the more they work to reduce their emissions intensity. Still, to function most effectively and most efficiently, an OBA policy should follow certain key principles. The most critical principle in the design of an OBA policy is ensuring that OBAs are allocated to facilities independent of their individual emission levels, and allocated equally (on a per unit basis to facilities producing the same product. One of the

Optimal resource allocation for distributed video communication

CERN Document Server

He, Yifeng

2013-01-01

While most books on the subject focus on resource allocation in just one type of network, this book is the first to examine the common characteristics of multiple distributed video communication systems. Comprehensive and systematic, Optimal Resource Allocation for Distributed Video Communication presents a unified optimization framework for resource allocation across these systems. The book examines the techniques required for optimal resource allocation over Internet, wireless cellular networks, wireless ad hoc networks, and wireless sensor networks. It provides you with the required foundat

17 CFR 256.01-11 - Methods of allocation.

Science.gov (United States)

2010-04-01

... applicable and currently effective methods of allocation filed with the Commission. Both direct and allocated... 17 Commodity and Securities Exchanges 3 2010-04-01 2010-04-01 false Methods of allocation. 256.01... HOLDING COMPANY ACT OF 1935 General Instructions § 256.01-11 Methods of allocation. Indirect costs and...

Power Allocation Strategies for Distributed Space-Time Codes in Amplify-and-Forward Mode

Directory of Open Access Journals (Sweden)

Are Hjørungnes

2009-01-01

Full Text Available We consider a wireless relay network with Rayleigh fading channels and apply distributed space-time coding (DSTC in amplify-and-forward (AF mode. It is assumed that the relays have statistical channel state information (CSI of the local source-relay channels, while the destination has full instantaneous CSI of the channels. It turns out that, combined with the minimum SNR based power allocation in the relays, AF DSTC results in a new opportunistic relaying scheme, in which the best relay is selected to retransmit the source's signal. Furthermore, we have derived the optimum power allocation between two cooperative transmission phases by maximizing the average received SNR at the destination. Next, assuming M-PSK and M-QAM modulations, we analyze the performance of cooperative diversity wireless networks using AF opportunistic relaying. We also derive an approximate formula for the symbol error rate (SER of AF DSTC. Assuming the use of full-diversity space-time codes, we derive two power allocation strategies minimizing the approximate SER expressions, for constrained transmit power. Our analytical results have been confirmed by simulation results, using full-rate, full-diversity distributed space-time codes.

Intelligent tactical asset allocation support system

OpenAIRE

Hiemstra, Y.

1995-01-01

This paper presents an advanced support system for Tactical Asset Allocation. Asset allocation explains over 90% of portfolio performance (Brinson, Hood and Beebower, 1988). Tactical asset allocation adjusts a strategic portfolio on the basis of short term market outlooks. The system includes aprediction model that forecasts quarterly excess returns on the S and PSOO, an optimization model that adjusts a user-specified strategic portfolio on thebasis of the excess return forecast, and a compo...

Robust Allocation of Reserve Policies for a Multiple-Cell Based Power System

DEFF Research Database (Denmark)

Hu, Junjie; Lan, Tian; Heussen, Kai

2018-01-01

modifications. The LDR method can effectively adapt the participation factors of reserve providers to respond to system imbalance signals. The policies considered the covariance of historic system imbalance signals to reduce the overall reserve cost. When applying this method to the cell-based power system...... for a certain horizon, the influence of different time resolutions on policy-making is also investigated, which presents guidance for its practical application. The main results illustrate that: (a) the LDR-based method shows better performance, by producing smaller reserve costs compared to the costs given...... by a reference method; and (b) the cost index decreases with increased time intervals, however, longer intervals might result in insufficient reserves, due to low time resolution. On the other hand, shorter time intervals require heavy computational time. Thus, it is important to choose a proper time interval...

Toward Coordinated Robust Allocation of Reserve Policies for a Cell-based Power System

DEFF Research Database (Denmark)

Hu, Junjie; Heussen, Kai; Claessens, Bert

2016-01-01

Conventional regulation reserves have fixed participation factors and are thus not well suited to utilize differentiated capabilities of ancillary service providers. This study applies linear decision rules-based (LDR) control policies, which effectively adapt the present participation factor...... in dependence of the imbalance signal of previous time steps. The LDR-policies are centrally computed using a robust optimization approach which takes into account both the covariances of historic imbalance signals and the operational flexibility of ancillary service providers. The concept is then extended...... to the cooperation of multiple cells. Two illustrating examples are presented to show the functioning of the proposed LDR method....

Stereoscopic Visual Attention-Based Regional Bit Allocation Optimization for Multiview Video Coding

Directory of Open Access Journals (Sweden)

Dai Qionghai

2010-01-01

Full Text Available We propose a Stereoscopic Visual Attention- (SVA- based regional bit allocation optimization for Multiview Video Coding (MVC by the exploiting visual redundancies from human perceptions. We propose a novel SVA model, where multiple perceptual stimuli including depth, motion, intensity, color, and orientation contrast are utilized, to simulate the visual attention mechanisms of human visual system with stereoscopic perception. Then, a semantic region-of-interest (ROI is extracted based on the saliency maps of SVA. Both objective and subjective evaluations of extracted ROIs indicated that the proposed SVA model based on ROI extraction scheme outperforms the schemes only using spatial or/and temporal visual attention clues. Finally, by using the extracted SVA-based ROIs, a regional bit allocation optimization scheme is presented to allocate more bits on SVA-based ROIs for high image quality and fewer bits on background regions for efficient compression purpose. Experimental results on MVC show that the proposed regional bit allocation algorithm can achieve over % bit-rate saving while maintaining the subjective image quality. Meanwhile, the image quality of ROIs is improved by  dB at the cost of insensitive image quality degradation of the background image.

Policy Coherence and Interplay between Climate Change Adaptation Policies and the Forestry Sector in Nepal

Science.gov (United States)

Ranabhat, Sunita; Ghate, Rucha; Bhatta, Laxmi Dutt; Agrawal, Nand Kishor; Tankha, Sunil

2018-06-01

Least Developed Countries are likely to be hit the hardest by climate change and need focused efforts towards adaptation. Nepal recognizes that it needs to integrate climate change adaptation into various policies, but limited understanding of how to make these policies coherent is among the factors that hinder effective adaptation action. This can lead to wasted resources and lost opportunities. This paper applies concepts from policy coherence for development frameworks and policy content analysis to examine coherence in Nepal's climate and forest policies—and discusses the factors hindering effective implementation. The policies are analyzed at the horizontal/external level at three layers—motivation, measures, and planned implementation process. The paper finds that policies are more consistent on motivation level and adaptation measures, but are less coherent on implementation. The National Adaptation Programme of Action (NAPA) is more explicit in identifying institutions, organizations, roles and responsibilities, resource allocation (financial), and a monitoring and evaluation plan for climate change adaptation while other policies such as Climate Change Policy 2011, National Biodiversity Strategy and Action Plan 2014-2020, Forest Policy 2015, and Forest Sector Strategy 2016 have critical gaps in this area. This paper conclude that formulation of a policy, articulating targets, and mobilizing financial resources are in themselves not sufficient to effectively address climate change adaptation. Policy-based legislation is required, together with development of a supportive collaborative multi-stakeholder approach at different levels of governance, backed up by effective, collaborative monitoring and enforcement.

Cognitive radio networks dynamic resource allocation schemes

CERN Document Server

Wang, Shaowei

2014-01-01

This SpringerBrief presents a survey of dynamic resource allocation schemes in Cognitive Radio (CR) Systems, focusing on the spectral-efficiency and energy-efficiency in wireless networks. It also introduces a variety of dynamic resource allocation schemes for CR networks and provides a concise introduction of the landscape of CR technology. The author covers in detail the dynamic resource allocation problem for the motivations and challenges in CR systems. The Spectral- and Energy-Efficient resource allocation schemes are comprehensively investigated, including new insights into the trade-off

A Dynamic Pricing Reverse Auction-Based Resource Allocation Mechanism in Cloud Workflow Systems

Directory of Open Access Journals (Sweden)

Xuejun Li

2016-01-01

Full Text Available Market-oriented reverse auction is an efficient and cost-effective method for resource allocation in cloud workflow systems since it can dynamically allocate resources depending on the supply-demand relationship of the cloud market. However, during the auction the price of cloud resource is usually fixed, and the current resource allocation mechanisms cannot adapt to the changeable market properly which results in the low efficiency of resource utilization. To address such a problem, a dynamic pricing reverse auction-based resource allocation mechanism is proposed. During the auction, resource providers can change prices according to the trading situation so that our novel mechanism can increase the chances of making a deal and improve efficiency of resource utilization. In addition, resource providers can improve their competitiveness in the market by lowering prices, and thus users can obtain cheaper resources in shorter time which would decrease monetary cost and completion time for workflow execution. Experiments with different situations and problem sizes are conducted for dynamic pricing-based allocation mechanism (DPAM on resource utilization and the measurement of Time⁎Cost (TC. The results show that our DPAM can outperform its representative in resource utilization, monetary cost, and completion time and also obtain the optimal price reduction rates.

Financial Inclusion and Monetary Policy: A Review of Recent Studies

African Journals Online (AJOL)

2017-05-01

May 1, 2017 ... financial inclusion and its implications for monetary policy and financial stability. ... These studies have discussed the implications of financial exclusion for the parameters ... and allocating capital, monitoring firms and exerting corporate ... decisions, and technological innovations and hence economic ...

Estimating the Effective Lower Bound for the Czech National Bank's Policy Rate

OpenAIRE

Kolcunova, Dominika; Havranek, Tomas

2018-01-01

The paper focuses on the estimation of the effective lower bound for the Czech National Bank's policy rate. The effective lower bound is determined by the value below which holding and using cash would be more convenient than deposits with negative yields. This bound is approximated based on storage, the insurance and transportation costs of cash and the costs associated with the loss of the convenience of cashless payments and complemented with the estimate based on interest charges, which p...

A Stochastic Flows Approach for Asset Allocation with Hidden Economic Environment

Directory of Open Access Journals (Sweden)

Tak Kuen Siu

2015-01-01

Full Text Available An optimal asset allocation problem for a quite general class of utility functions is discussed in a simple two-state Markovian regime-switching model, where the appreciation rate of a risky share changes over time according to the state of a hidden economy. As usual, standard filtering theory is used to transform a financial model with hidden information into one with complete information, where a martingale approach is applied to discuss the optimal asset allocation problem. Using a martingale representation coupled with stochastic flows of diffeomorphisms for the filtering equation, the integrand in the martingale representation is identified which gives rise to an optimal portfolio strategy under some differentiability conditions.

Identifying Memory Allocation Patterns in HEP Software

Science.gov (United States)

Kama, S.; Rauschmayr, N.

2017-10-01

HEP applications perform an excessive amount of allocations/deallocations within short time intervals which results in memory churn, poor locality and performance degradation. These issues are already known for a decade, but due to the complexity of software frameworks and billions of allocations for a single job, up until recently no efficient mechanism has been available to correlate these issues with source code lines. However, with the advent of the Big Data era, many tools and platforms are now available to do large scale memory profiling. This paper presents, a prototype program developed to track and identify each single (de-)allocation. The CERN IT Hadoop cluster is used to compute memory key metrics, like locality, variation, lifetime and density of allocations. The prototype further provides a web based visualization back-end that allows the user to explore the results generated on the Hadoop cluster. Plotting these metrics for every single allocation over time gives a new insight into application’s memory handling. For instance, it shows which algorithms cause which kind of memory allocation patterns, which function flow causes how many short-lived objects, what are the most commonly allocated sizes etc. The paper will give an insight into the prototype and will show profiling examples for the LHC reconstruction, digitization and simulation jobs.

Performance Funding Policy Effects on Community College Outcomes: Are Short-Term Certificates on the Rise?

Science.gov (United States)

Li, Amy Y.; Kennedy, Alec I.

2018-01-01

Objective: Performance funding (PF) policies allocate a portion of state funding to colleges based on student outcomes. This study is the first to account for policy type and design differences, and explores the impact of performance funding on three levels of credential completions: short-term certificates, medium-term certificates, and…

Effective Loss Minimization and Allocation of Unbalanced Distribution Network

Directory of Open Access Journals (Sweden)

Manvir Kaur

2017-11-01

Full Text Available An efficient distribution network must be able to supply power with good voltage profile. The main objective of the proposed work is to allocate losses of the unbalanced distribution network by the firefly algorithm in regulated and deregulated environments before and after loss minimization. Reconfiguration is one of the methods for loss reduction of unbalanced distribution network. Further, optimal placement of distributed generation and capacitor in the reconfigured unbalanced distribution network can further reduce the loss. The results of reconfigured unbalanced distribution network in regulated environment have already been reported. In this paper reconfiguration of an unbalanced distribution network in a deregulated environment is also carried out using an established Fuzzy Firefly algorithm. Loss sensitivity factor of unbalanced distribution networks is used to get the appropriate location of distributed generation and capacitor to be placed in the unbalanced distribution network. Their ratings have been found out by using bacteria foraging optimization algorithm (BFOA. The suggested loss allocation method using Firefly algorithm is implemented at first on 13 node unbalanced distribution network to check the performance of the proposed loss allocation method when compared to other available method. Finally the proposed method has been implemented on 25 node unbalanced distribution network. Both of the implementations are carried out under MATLAB environment.

Social mix policies in Paris: discourses, policies and social effects.

Science.gov (United States)

Bacqué, Marie-Hélène; Fijalkow, Yankel; Launay, Lydie; Vermeersch, Stéphanie

2011-01-01

Since the 1980s, the issue of social mix has become a public policy category in France. Enshrined in legislation, yet remaining controversial, it represents a major premise on which housing policies have been reconfigured. The concept of social mix is essentially based on who lives where, but it is also evoked in the context of urban renewal schemes for social housing estates, as well as in relation to new-build developments. A study of the bases of social mix policies conducted in Paris since 2001 in the context of the embourgeoisement of the capital shows the fundamental role of social housing stock. The City Council has become involved in policy decisions about both the location and the allocation of social housing. Particular attention has been paid to the middle classes in the name of the principle of ‘balancing the population’. In order to measure the effects of the policy, this article relies on an analysis of two City of Paris schemes that have the stated intent of creating social mix. One of these schemes consists of redeveloping a working-class neighbourhood, Goutte d'Or, while the other involves the new acquisition of social housing in various more affluent neighbourhoods in the capital. This comparative study of the population shows that, whether in a neighbourhood poised for gentrification or in a more affluent neighbourhood, this policy has major effects on forms of local social cohesion, setting in motion individual trajectories and reshaping social and/or ethnic identities.

How federalism shapes public health financing, policy, and program options.

Science.gov (United States)

Ogden, Lydia L

2012-01-01

In the United States, fiscal and functional federalism strongly shape public health policy and programs. Federalism has implications for public health practice: it molds financing and disbursement options, including funding formulas, which affect allocations and program goals, and shapes how funding decisions are operationalized in a political context. This article explores how American federalism, both fiscal and functional, structures public health funding, policy, and program options, investigating the effects of intergovernmental transfers on public health finance and programs.

Carbon allocation in forest ecosystems

Science.gov (United States)

Creighton M. Litton; James W. Raich; Michael G. Ryan

2007-01-01

Carbon allocation plays a critical role in forest ecosystem carbon cycling. We reviewed existing literature and compiled annual carbon budgets for forest ecosystems to test a series of hypotheses addressing the patterns, plasticity, and limits of three components of allocation: biomass, the amount of material present; flux, the flow of carbon to a component per unit...

Lipid-rich and protein-poor carbon allocation patterns of phytoplankton in the northern Chukchi Sea, 2011

Science.gov (United States)

Yun, Mi Sun; Joo, Hui Tae; Park, Jung Woo; Kang, Jae Joong; Kang, Sung-Ho; Lee, Sang H.

2018-04-01

The carbon allocations of phytoplankton into different photosynthetic end products (lipids, LMWM, polysaccharides, and proteins) were determined to understand physiological conditions of phytoplankton in the northern Chukchi Sea during the Korean Arctic expedition, 2011, using the 13C isotope tracer technique. The carbon allocation rates of lipids, LMWM, polysaccharides, and proteins were 0.00009-0.00062 h-1, 0.00001-0.00049 h-1, 0.00001-0.00025 h-1, and 0.00001-0.00062 h-1 within the euphotic depths from surface to 1% light depths during our cruise period, respectively. Significant relationships between protein production rates and chlorophyll a concentrations (large and total) were found in this study. Moreover, we found a significant negative relationship between lipid production rates and ammonium concentrations. These relationships match well with the previous results for environmental/physiological conditions for phytoplankton growth. Overall, phytoplankton allocated more photosynthetic carbon into lipids (42.5 ± 17.7%) whereas relatively lower to proteins (20.4 ± 15.5%) in this study. The lipid-rich and protein-poor allocation patterns in this study suggest that phytoplankton in the northern Chukchi Sea were in a stationary growth phase under nutrient deficient condition based on biological and environmental conditions observed during our study period. Based on comparison with the previous studies in the northern Bering Sea and southern Chukchi Sea, we found that the photosynthetic carbon allocation patterns depending on physiological status of phytoplankton under the different growth and/or nutrient conditions could be largely vary at different regions in the Arctic Ocean. More intensive research on the physiological status of phytoplankton is further required to determine how phytoplankton response to the changing environmental conditions and consequently how they impact on higher trophic levels in marine ecosystems in the Arctic Ocean.

A method for allocating renewable energy source subsidies among final energy consumers

International Nuclear Information System (INIS)

Batlle, Carlos

2011-01-01

In a new context of growing need for renewable energy sources (RES), tariff design has become a critical component of energy system regulation. A methodology for allocating the cost of RES subsidies that ensures an optimal balance between compliance with the main regulatory principles of tariff design and each state's specific policy is of cardinal importance in the current context. This paper presents and discusses a novel methodology to allocate the RES subsidy costs, which consists of distributing them among final energy consumers, in proportion to their consumption, regardless of the type of final energy consumed (liquid fuels, gas, electricity or coal). First, the different designs of RES subsidies are categorized and a review of a good number of the RES burden sharing mechanisms implemented in the EU is presented. Then, the proposed methodology is developed on the basis of the basic regulatory principles underlying the tariff design and the current regulatory context in force in the EU. Finally, to illustrate its actual impact in a real case example, the proposed methodology is applied to the Spanish system, in which the burden of extra costs incurred for RES amounts to a very large proportion of the overall energy system costs. - Research highlights: → This paper develops a novel methodology to allocate RES subsidy costs among final energy consumers. → The methodology is built upon the basic tariff design principles and the 3rd package regulations. → It consists of distributing them in proportion to liquid fuels, gas, electricity or coal consumption. → The 20% RES target affects all energy sectors and justifies allocating the extra costs accordingly. → The methodology is applied to the Spanish energy system, where the RES burden is a very significant.

Parental Leave Policies, Intra-household Time Allocations and Children's Human Capital

OpenAIRE

Bernal, Raquel; Fruttero, Anna

2008-01-01

This paper uses a general equilibrium model of marriage and divorce to assess how public policies on parental leave and leave benefits affect intra-household decision making, family structure, intergenerational mobility, and the distribution of income. The benchmark economy is calibrated to US data to replicate some characteristics relevant to the interaction between the marriage and labor markets. The effects of unpaid leave, paid leave benefits, and mandated leave on human capital investmen...

78 FR 56658 - Notice of Solicitation of Applications for Allocation of Tariff Rate Quotas on the Import of...

Science.gov (United States)

2013-09-13

... DEPARTMENT OF COMMERCE International Trade Administration Notice of Solicitation of Applications... Weave Such Fabrics in the United States AGENCY: Department of Commerce, International Trade Administration. ACTION: The Department of Commerce (Department) is soliciting applications for an allocation of...

Pollution permits allocation and imperfect competition; Allocation de permis de pollution et concurrence imparfaite

Energy Technology Data Exchange (ETDEWEB)

Schwartz, S.

2004-12-15

The aim of this thesis is to highlight the imperfections on the permits markets and to analyze their consequences on markets' efficiency. More precisely, we try to identify the implications of the initial allocation of permits when such imperfections are present. We try to draw some conclusions for the regulator concerning the different forms of the permits' allocation. After having described and compared these forms, we define in which circumstances the initial allocation matters in terms of efficiency. Then, we study different forms of imperfections. First, we take into account the information asymmetry between firms and the regulator and we define an optimal mechanism to sell pollution permits. Then, we analyze a market power on a differentiated pollution permits market. At last, we study the exclusionary manipulation of pollution permits market. (author)

Cost allocation in distribution planning

International Nuclear Information System (INIS)

Engevall, S.

1996-01-01

This thesis concerns cost allocation problems in distribution planning. The cost allocation problems we study are illustrated using the distribution planning situation at the Logistics department of Norsk Hydro Olje AB. The planning situation is modeled as a Traveling Salesman Problem and a Vehicle Routing Problem with an inhomogeneous fleet. The cost allocation problems are the problems of how to divide the transportation costs among the customers served in each problem. The cost allocation problems are formulated as cooperative games, in characteristic function form, where the customers are defined to be the players. The games contain five and 21 players respectively. Game theoretical solution concepts such as the core, the nucleolus, the Shapley value and the τ-value are discussed. From the empirical results we can, among other things, conclude that the core of the Traveling Salesman Game is large, and that the core of the Vehicle Routing Game is empty. In the accounting of Norsk Hydro the cost per m 3 can be found for each tour. We conclude that for a certain definition of the characteristic function, a cost allocation according to this principle will not be included in the core of the Traveling Salesman Game. The models and methods presented in this thesis can be applied to transportation problems similar to that of Norsk Hydro, independent of the type of products that are delivered. 96 refs, 11 figs, 26 tabs

Cost allocation in distribution planning

Energy Technology Data Exchange (ETDEWEB)

Engevall, S.

1996-12-31

This thesis concerns cost allocation problems in distribution planning. The cost allocation problems we study are illustrated using the distribution planning situation at the Logistics department of Norsk Hydro Olje AB. The planning situation is modeled as a Traveling Salesman Problem and a Vehicle Routing Problem with an inhomogeneous fleet. The cost allocation problems are the problems of how to divide the transportation costs among the customers served in each problem. The cost allocation problems are formulated as cooperative games, in characteristic function form, where the customers are defined to be the players. The games contain five and 21 players respectively. Game theoretical solution concepts such as the core, the nucleolus, the Shapley value and the {tau}-value are discussed. From the empirical results we can, among other things, conclude that the core of the Traveling Salesman Game is large, and that the core of the Vehicle Routing Game is empty. In the accounting of Norsk Hydro the cost per m{sup 3} can be found for each tour. We conclude that for a certain definition of the characteristic function, a cost allocation according to this principle will not be included in the core of the Traveling Salesman Game. The models and methods presented in this thesis can be applied to transportation problems similar to that of Norsk Hydro, independent of the type of products that are delivered. 96 refs, 11 figs, 26 tabs

Cost allocation in distribution planning

Energy Technology Data Exchange (ETDEWEB)

Engevall, S

1997-12-31

This thesis concerns cost allocation problems in distribution planning. The cost allocation problems we study are illustrated using the distribution planning situation at the Logistics department of Norsk Hydro Olje AB. The planning situation is modeled as a Traveling Salesman Problem and a Vehicle Routing Problem with an inhomogeneous fleet. The cost allocation problems are the problems of how to divide the transportation costs among the customers served in each problem. The cost allocation problems are formulated as cooperative games, in characteristic function form, where the customers are defined to be the players. The games contain five and 21 players respectively. Game theoretical solution concepts such as the core, the nucleolus, the Shapley value and the {tau}-value are discussed. From the empirical results we can, among other things, conclude that the core of the Traveling Salesman Game is large, and that the core of the Vehicle Routing Game is empty. In the accounting of Norsk Hydro the cost per m{sup 3} can be found for each tour. We conclude that for a certain definition of the characteristic function, a cost allocation according to this principle will not be included in the core of the Traveling Salesman Game. The models and methods presented in this thesis can be applied to transportation problems similar to that of Norsk Hydro, independent of the type of products that are delivered. 96 refs, 11 figs, 26 tabs

Principles and Reality of Proton Therapy Treatment Allocation

Energy Technology Data Exchange (ETDEWEB)

Bekelman, Justin E., E-mail: bekelman@uphs.upenn.edu [Department of Radiation Oncology, Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Department of Medical Ethics and Health Policy, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Leonard Davis Institute of Health Economics, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Asch, David A. [Leonard Davis Institute of Health Economics, University of Pennsylvania, Philadelphia, Pennsylvania (United States); The Wharton School and Penn Medicine Center for Health Care Innovation, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Tochner, Zelig [Department of Radiation Oncology, Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Friedberg, Joseph [Department of Surgery, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Vaughn, David J. [Division of Hematology/Oncology, Department of Medicine, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Rash, Ellen [Department of Radiation Oncology, Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States); Raksowski, Kevin [Department of Internal Medicine, Penn State Milton S. Hershey Medical Center, Hershey, Pennsylvania (United States); Hahn, Stephen M. [Department of Radiation Oncology, Abramson Cancer Center, Perelman School of Medicine, University of Pennsylvania, Philadelphia, Pennsylvania (United States)

2014-07-01

Purpose: To present the principles and rationale of the Proton Priority System (PROPS), a priority points framework that assigns higher scores to patients thought to more likely benefit from proton therapy, and the distribution of PROPS scores by patient characteristics Methods and Materials: We performed multivariable logistic regression to evaluate the association between PROPS scores and receipt of proton therapy, adjusted for insurance status, gender, race, geography, and the domains that inform the PROPS score. Results: Among 1529 adult patients considered for proton therapy prioritization during our Center's ramp-up phase of treatment availability, PROPS scores varied by age, diagnosis, site, and other PROPS domains. In adjusted analyses, receipt of proton therapy was lower for patients with non-Medicare relative to Medicare health insurance (commercial vs Medicare: adjusted odds ratio [OR] 0.47, 95% confidence interval [CI] 0.34-0.64; managed care vs Medicare: OR 0.40, 95% CI 0.28-0.56; Medicaid vs Medicare: OR 0.24, 95% CI 0.13-0.44). Proton Priority System score and age were not significantly associated with receipt of proton therapy. Conclusions: The Proton Priority System is a rationally designed and transparent system for allocation of proton therapy slots based on the best available evidence and expert opinion. Because the actual allocation of treatment slots depends mostly on insurance status, payers may consider incorporating PROPS, or its underlying principles, into proton therapy coverage policies.

Principles and Reality of Proton Therapy Treatment Allocation

International Nuclear Information System (INIS)

Bekelman, Justin E.; Asch, David A.; Tochner, Zelig; Friedberg, Joseph; Vaughn, David J.; Rash, Ellen; Raksowski, Kevin; Hahn, Stephen M.

2014-01-01

Purpose: To present the principles and rationale of the Proton Priority System (PROPS), a priority points framework that assigns higher scores to patients thought to more likely benefit from proton therapy, and the distribution of PROPS scores by patient characteristics Methods and Materials: We performed multivariable logistic regression to evaluate the association between PROPS scores and receipt of proton therapy, adjusted for insurance status, gender, race, geography, and the domains that inform the PROPS score. Results: Among 1529 adult patients considered for proton therapy prioritization during our Center's ramp-up phase of treatment availability, PROPS scores varied by age, diagnosis, site, and other PROPS domains. In adjusted analyses, receipt of proton therapy was lower for patients with non-Medicare relative to Medicare health insurance (commercial vs Medicare: adjusted odds ratio [OR] 0.47, 95% confidence interval [CI] 0.34-0.64; managed care vs Medicare: OR 0.40, 95% CI 0.28-0.56; Medicaid vs Medicare: OR 0.24, 95% CI 0.13-0.44). Proton Priority System score and age were not significantly associated with receipt of proton therapy. Conclusions: The Proton Priority System is a rationally designed and transparent system for allocation of proton therapy slots based on the best available evidence and expert opinion. Because the actual allocation of treatment slots depends mostly on insurance status, payers may consider incorporating PROPS, or its underlying principles, into proton therapy coverage policies

PSOLA: A Heuristic Land-Use Allocation Model Using Patch-Level Operations and Knowledge-Informed Rules.

Directory of Open Access Journals (Sweden)

Yaolin Liu

Full Text Available Optimizing land-use allocation is important to regional sustainable development, as it promotes the social equality of public services, increases the economic benefits of land-use activities, and reduces the ecological risk of land-use planning. Most land-use optimization models allocate land-use using cell-level operations that fragment land-use patches. These models do not cooperate well with land-use planning knowledge, leading to irrational land-use patterns. This study focuses on building a heuristic land-use allocation model (PSOLA using particle swarm optimization. The model allocates land-use with patch-level operations to avoid fragmentation. The patch-level operations include a patch-edge operator, a patch-size operator, and a patch-compactness operator that constrain the size and shape of land-use patches. The model is also integrated with knowledge-informed rules to provide auxiliary knowledge of land-use planning during optimization. The knowledge-informed rules consist of suitability, accessibility, land use policy, and stakeholders' preference. To validate the PSOLA model, a case study was performed in Gaoqiao Town in Zhejiang Province, China. The results demonstrate that the PSOLA model outperforms a basic PSO (Particle Swarm Optimization in the terms of the social, economic, ecological, and overall benefits by 3.60%, 7.10%, 1.53% and 4.06%, respectively, which confirms the effectiveness of our improvements. Furthermore, the model has an open architecture, enabling its extension as a generic tool to support decision making in land-use planning.

IMPACTS OF GROUP-BASED SIGNAL CONTROL POLICY ON DRIVER BEHAVIOR AND INTERSECTION SAFETY

Directory of Open Access Journals (Sweden)

Keshuang TANG

2008-01-01

Full Text Available Unlike the typical stage-based policy commonly applied in Japan, the group-based control (often called movement-based in the traffic control industry in Japan refers to such a control pattern that the controller is capable of separately allocating time to each signal group instead of stage based on traffic demand. In order to investigate its applicability at signalized intersections in Japan, an intersection located in Yokkaichi City of Mie Prefecture was selected as an experimental application site by the Japan Universal Traffic Management Society (UTMS. Based on the data collected at the intersection before and after implementing the group-based control policy respectively, this study evaluated the impacts of such a policy on driver behavior and intersection safety. To specify those impacts, a few models utilizing cycle-based data were first developed to interpret the occurrence probability and rate of red-light-running (RLR. Furthermore, analyses were performed on the yellow-entry time (Ye of the last cleared vehicle and post encroachment time (PET during the phase switching. Conclusions supported that the group-based control policy, along with certain other factors, directly or indirectly influenced the RLR behavior of through and right-turn traffics. Meanwhile, it has potential safety benefits as well, indicated by the declined Ye and increased PET values.

Fairness-Aware and Energy Efficiency Resource Allocation in Multiuser OFDM Relaying System