Efficient compromising

Two agents must select one of three alternatives. Their ordinal rankings are commonly known and diametrically opposed. Efficiency requires choosing the alternative the agents rank second whenever the weighted sum of their von Neumann Morgenstern utilities is higher than under either agent's favorite alternative. The agents' utilities of the middle-ranked alternative are i.i.d., privately observed random variables. In our setup, which is closely related to a public goods problem where agents face liquidity constraints but no participation constraints, decision rules that truthfully elicit utilities and implement efficient decisions do not exist. We provide analytical and numerical results on second-best rules

Biocatalytic Route to Chiral Precursors of β-Substituted-γ-Amino Acids

In this work, we utilized commercial lipases (from Thermomyces lanuginosa, Rhizopus delemar, and Mucor miehei) as biocatalysts for the efficient synthesis of precursors of β-substituted-γ-amino acids. This biocatalytic route provides a practical and efficient synthesis of a wide range of optically active compounds by accepting a number of aliphatic and aromatic 3-substituted-3-cyano-2-(ethoxycarbonyl)propanoic acid ethyl esters (2) without compromising enantioselectivity or yields. The resolution step allows for the nearly quantitative recovery of the unreacted enantiomer of R-(2) as well as the newly formed 3-substituted-3-cyano-2-(ethoxycarbonyl)propanoic acid (3) in high enantio and diastereoselectivity. The use of a facile thermal decarboxylation of (3) in aqueous solution to produce 3-substituted-3-cyanopropanoic acid ethyl esters (4) enable us to prepare a wide range of optically active precursors of β-Substituted-γ-Amino Acids

Trade in the greenhouse: efficient policy in a global model

The impact of environmental Kuznets curve (EKC) effects is evaluated in the context of a full model of production and trade within and between rich and poor economies. The shape of iso-emissions curves, defined in tariff and emissions tax space, is evaluated both in the presence and in the absence of an EKC. Gains in the income of developing countries are possible without compromising on emissions where there are inefficiencies in policy. However, where policy is efficient there exists an important trade-off, evaluated here, between emissions and developing country income.

A C++11 implementation of arbitrary-rank tensors for high-performance computing

This article discusses an efficient implementation of tensors of arbitrary rank by using some of the idioms introduced by the recently published C++ ISO Standard (C++11). With the aims at providing a basic building block for high-performance computing, a single Array class template is carefully crafted, from which vectors, matrices, and even higher-order tensors can be created. An expression template facility is also built around the array class template to provide convenient mathematical syntax. As a result, by using templates, an extra high-level layer is added to the C++ language when dealing with algebraic objects and their operations, without compromising performance. The implementation is tested running on both CPU and GPU.Comment: 21 pages, 6 figures, 1 tabl

Simulation And Analysis Of Indian Air Traffic

Air Traffic Density In India And The World At Large Is Growing Fast . The Airspace And Air Traffic Management Therefore Need Augmentation Of System Capability Without Compromising Safety . This Report Addresses The Judicious Use Of Simulation Facilities To Predict Present And Futuristic Problems. It Is Intended To Help Service Providers Plan And Come Out With Strategies For Air Traffic Management. "State Of The Art Simulation Facilities Are Also Useful In Training A Team Of Reliable, Safe And Efficient Air Traffic Controllers . The Report Presents Results Of Simulation Of Three International Airports : One Existing In Bangalore, The One Planned At Devanahalli And The One In Cochin . The Problems Addressed Are Those Of Delay Encountered At The Three Airports, Controller Workload And Noise Contours Around The Bangalore Aerodrome