Asset ownership and Asset Values Over Project Lifecycles

This paper develops a theory of outside ownership where such an ownership arrangement mitigates an external finance problem. Part of the gains from outside ownership accrue to asset owners which determines the asset value. The theory provides a context to analyze asset ownership and asset values over project lifecycles. When there are adjustment costs in realizing the full gains from outside ownership, (i) assets take time to peak in value, and (ii) the outsiders's share of asset ownership increases gradualAsset ownership; Asset value; Project lifecycles; Entry and exit

Chang, Ji-Mei

University of Southern California, Department of Curriculum, Teaching, & Special Education, 1989, Ph.D. University of Southern California, School of Education, 1978, M.S. National Chengchi University, Department of Education, 1970, B.A.https://scholarworks.sjsu.edu/erfa_bios/1002/thumbnail.jp

Pegmatites of Southern California

For many years the southern California region has attracted the attention of geologists interested in pegmatites and pegmatite deposits, largely because of the well-known gem and lithium occurrences in San Diego and Riverside Counties. These world-famous pegmatites have been so often noted or described in the literature that they commonly are regarded as typical of the pegmatites in the region, even though this actually is far from the case. More than 90 percent of all published contributions on California pegmatites deal with the gem-bearing dikes of San Diego County alone! It is the main purpose of this brief paper to summarize the distribution, occurrence, composition, and structure of all the known pegmatites in southern California, and to discuss several aspects of their geologic and economic significance. Much of the information has been obtained from the published record, a sampling of which is included in the list of references at the end of the paper. In larger part, however, the writer has found it necessary to draw from the results of his own observations, many of which were made in reconnaissance and hence are not wholly satisfactory as a background for generalizations. This qualification with respect to basic data plainly underlies the summary and discussions that follow

Hybrid Advertising Auctions

Several major websites offer hybrid auctions that allow advertisers to bid on a per-impression or a per-click basis. We present the first analysis of this hybrid advertising auction setting. The conventional wisdom is that brand advertisers (e.g. Coca-Cola) will bid per impression, while direct response advertisers (e.g. Amazon.com) will bid per click. We analyze a theoretical model of advertiser bidding to ask whether this conventional wisdom will hold up in practice. We find the opposite in a static game: brand advertisers bid per click, while direct response advertisers bid per impression. In a more realistic repeated game, we find that direct response advertisers bid per click, but brand advertisers may profitably alternate between bidding for clicks and bidding for impressions. The analysis implies that sellers of online advertising (a) may sometimes prefer not to offer advertisers multiple bidding options, (b) should try to ascertain advertisers' types when they do use hybrid auctions, and (c) should consider advertisers' strategic incentives when forming click-through rate expectations in hybrid auction formats

September 25, 1937 Football Program, UOP vs. USC

https://scholarlycommons.pacific.edu/ua-football/1186/thumbnail.jp

October 5, 1935 Football Program, UOP vs. USC Trojans

https://scholarlycommons.pacific.edu/ua-football/1170/thumbnail.jp

The anchovy reduction fishery for the 1976-77 season

The 1976-77 anchovy season ended with landings of 92,515 mt (101,433 tons) in southern California and 4,571 mt (5,041 tons) in central California. Southern California catches were dominated by age groups III (27%) and 0 (28%) while 77% of central California's landings were age groups III through VI. Numerical sex ratios were calculated to be 1.1:l and 2:l female to male for southern and central California respectively. (23pp.

Platform Competition: The Role of Multi-homing and Complementors

In this paper we present a model of platform competition in which two firms offer horizontally differentiated platforms and a group of complementors offers products that are complementary to each platform. Consumers can buy either or both platforms (single- or multihoming) and complementors can produce for either or both platforms (single- or multi-production). We first characterize the pricing structure and find that, in equilibrium, consumers are more likely to multihome as the differentiation of platforms decreases or as the number of complementors for either platform increases. We show that the platform and its complementors always benefit from an increase in the number of complementors in their own platform. When single-homing arises in equilibrium, the platform and its complementors suffer from an increase in the number of complementors in the rival platform. We also study the incentives of the platform to integrate with its complementors, to charge them a royalty or give a subsidy, and to sell its own complementary products to the rival platform

Foehn Winds of Southern California

One of the characteristic weather phenomena of southern California is a wind of the foehn type known locally as the Santa Ana. Unseasonably high temperatures and very low humidities are associated with its occurence. The maximum effects of this wind are felt in the region south of Cajon Pass at the eastern extremity of the Los Angeles Basin. The latter area, extending eastward from the sea to the San Bernardino Mountains, is ordinarily protected from continental influences by the rather high San Gabriel Mountains to the north. Cajon Pass, trending roughly north and south between the San Gabriel Mountains to the west and the San Bernardino Mountains to the east, opens to the north upon the Mohave Desert and to the south upon the alluvial plain of the Los Angeles Basin