Collaborative development of a small business emergency planning model

Small businesses, which are defined by the US Small Business Administration as entities with less than 500 employees, suffer interruptions from diverse risks such as financial events, legal situations, or severe storms exemplified by Hurricane Sandy. Proper preparations can help lessen the length of the interruption and put employees and owners back to work. Large corporations generally have large budgets available for planning, business continuity, and disaster recovery. Small businesses must decide which risks are the most important and how best to mitigate those risks using minimal resources. This research uses a series of surveys followed by mathematical modeling to help discover risk factors, mitigating actions, and the highest return scenarios as a basis for a low-cost business continuity/disaster recovery plan. The surveys use a Delphi study format in order to rank a base list of risks and mitigating actions and to supplement those lists with ones added by the participants. Survey results are analyzed and presented back to the group for a second round of ranking and supplementing the risk/action categories. After two rounds of surveys the data is presented to an expert panel to investigate how the risks interrelate. Quantifying the interrelationships is the basis for the Cross Impact Analysis model that is able to show the relative impact of one event upon another. Once the impacts are known, a series of high valued scenarios are developed using Interpretive Structural Modeling. These high valued scenarios can be used by the small businesses as a basis for a business continuity/disaster recovery plan

Improving Safety at Sea Through Compliance with International Maritime Safety Codes

There is a number of international instruments that contribute to the improvement and advancement of safety at sea. The primary task of all international instruments is to make sea navigation less dangerous and to reduce, to the maximum extent possible, the risks associated with maritime navigation, and hence the occurrence of maritime accidents and marine pollution. In addition to international conventions as basic international instruments, codes adopted by various international organizations are of particular importance for improving the safety of navigation. The IMO, as the main organization responsible for improving maritime safety, certainly occupies a special place. Since its inception, the IMO has convened many international conferences and developed many regulations, recommendations and codes of practice concerning the carriage of dangerous cargoes by sea. Thirty conventions and protocols, as well as a number of codes and recommendations concerning maritime safety, the prevention of marine pollution and other related matters have been adopted by the IMO. In this paper we have tried to point out the most important international codes the observance of which is imperative for improving safety at sea. Attention is paid to the role of a number of international organizations in the safety of navigation, with special emphasis on the IMO

Tragedy of the Regulatory Commons: LightSquared and the Missing Spectrum Rights

The endemic underuse of radio spectrum constitutes a tragedy of the regulatory commons. Like other common interest tragedies, the outcome results from a legal or market structure that prevents economic actors from executing socially efficient bargains. In wireless markets, innovative applications often provoke claims by incumbent radio users that the new traffic will interfere with existing services. Sometimes these concerns are mitigated via market transactions, a la “Coasian bargaining.” Other times, however, solutions cannot be found even when social gains dominate the cost of spillovers. In the recent “LightSquared debacle,” such spectrum allocation failure played out. GPS interests that access frequencies adjacent to the band hosting LightSquared’s new nationwide mobile network complained that the wireless entrant would harm the operation of locational devices. Based on these complaints, regulators then killed LightSquared’s planned 4G network. Conservative estimates placed the prospective 4G consumer gains at least an order of magnitude above GPS losses. “Win win” bargains were theoretically available, fixing GPS vulnerabilities while welcoming the highly valuable wireless innovation. Yet transaction costs—largely caused by policy choices to issue limited and highly fragmented spectrum usage rights (here in the GPS band)—proved prohibitive. This episode provides a template for understanding market and non-market failure in radio spectrum allocation

Building a Text Collection for Urdu Information Retrieval

Urdu is a widely spoken language in the Indian subcontinent with over 300 million speakers worldwide. However, linguistic advancements in Urdu are rare compared to those in other European and Asian languages. Therefore, by following Text Retrieval Conference standards, we attempted to construct an extensive text collection of 85 304 documents from diverse categories covering over 52 topics with relevance judgment sets at 100 pool depth. We also present several applications to demonstrate the effectiveness of our collection. Although this collection is primarily intended for text retrieval, it can also be used for named entity recognition, text summarization, and other linguistic applications with suitable modifications. Ours is the most extensive existing collection for the Urdu language, and it will be freely available for future research and academic education