Uncertainty and the Theory of Tax Incidence in a Stock Market Economy

[Introduction] Commencing with Harberger's [1962] classic paper, a number of studies have analyzed the incidence of taxation in the context of a deterministic, two-sector, two-factor general equilibrium model. Recently, R. N. Batra [1975] and R. A. Ratti and P. Shome [1977a, 1977b] have reexamined the robustness of these deterministic results for the case in which production uncertainty is incorporated into the model. By using "entrepreneurial" models in which the firm is assumed to maximize the expected utility of profits, they find that the incidence of taxes depends on the preferences and probability assessments of the entrepreneur, and in general, the deterministic results no longer obtain

Performance of optimum detector structures for noisy intersymbol interference channels

The errors which arise in transmitting digital information by radio or wireline systems because of additive noise from successively transmitted signals interfering with one another are described. The probability of error and the performance of optimum detector structures are examined. A comparative study of the performance of certain detector structures and approximations to them, and the performance of a transversal equalizer are included

Advanced Turbine Technology Applications Project (ATTAP)

This report is the fourth in a series of Annual Technical Summary Reports for the Advanced Turbine Technology Applications Project (ATTAP). This report covers plans and progress on ceramics development for commercial automotive applications over the period 1 Jan. - 31 Dec. 1991. Project effort conducted under this contract is part of the DOE Gas Turbine Highway Vehicle System program. This program is directed to provide the U.S. automotive industry the high-risk, long-range technology necessary to produce gas turbine engines for automobiles with reduced fuel consumption, reduced environmental impact, and a decreased reliance on scarce materials and resources. The program is oriented toward developing the high-risk technology of ceramic structural component design and fabrication, such that industry can carry this technology forward to production in the 1990s. The ATTAP test bed engine, carried over from the previous AGT101 project, is being used for verification testing of the durability of next-generation ceramic components, and their suitability for service at Reference Powertrain Design conditions. This document reports the technical effort conducted by GAPD and the ATTAP subcontractors during the fourth year of the project. Topics covered include ceramic processing definition and refinement, design improvements to the ATTAP test bed engine and test rigs and the methodology development of ceramic impact and fracture mechanisms. Appendices include reports by ATTAP subcontractors in the development of silicon nitride and silicon carbide families of materials and processes

Quantitative analysis of texture data

Digitisation of this thesis was sponsored by Arcadia Fund, a charitable fund of Lisbet Rausing and Peter Baldwin

The impact and performance of new equity derivatives : evidence from universal stock futures

EThOS - Electronic Theses Online ServiceGBUnited Kingdo

An advanced study of an Application Technology Satellite /ATS-4/ mission, volume I, book 2 Final study report, May - Nov. 1966

Application Technology Satellite /ATS/ SPACECRAFT tradeoff and analysis - configuration paraboloid antenna, guidance and control power, spacecraft design, and apogee motor selectio

Fisheries Economics and Marketing- An introduction

Indian fisheries sector plays an important role in socioeconomic development of the country. In view of its potential contribution to national income, nutritional security, employment opportunities, social objectives, and export earnings. The fisheries sector has witnessed an impressive transformation from a traditional subsistence activity to a well developed diversified commercial enterprise with vast untapped potential