Education as a positional good for marked-based reforms of state schooling: paper presented at the ECER 2000-conference in Edinburgh 20 - 23 September 2000

Analyses of market-based reforms of state schooling have occasionally acknowledged positional elements in parental demand, but none has fully examined their nature and implications. Contrary to the normal predictions of orthodox economic analysis, competition in positional markets can result in inefficient outcomes. Predominantly relying upon recent British experience, we examine the extent to which compulsory schooling can be viewed as a positional good and explore its implica-tions for policy. In particular, we consider whether policies targeting increases in parental choice assist a rise in the overall level of educational attainment. --schooling choice,educational markets,positional good,status competition

Implementation issues in product line scoping

Often product line engineering is treated similar to the waterfall model in traditional software engineering, i.e., the different phases (scoping, analysis, architecting, implementation) are treated as if they could be clearly separated and would follow each other in an ordered fashion. However, in practice strong interactions between the individual phases become apparent. In particular, how implementation is done has a strong impact on economic aspects of the project and thus how to adequately plan it. Hence, assessing these relationships adequately in the beginning has a strong impact on performing a product line project right. In this paper we present a framework that helps in exactly this task. It captures on an abstract level the relationships between scoping information and implementation aspects and thus allows to provide rough guidance on implementation aspects of the project. We will also discuss the application of our framework to a specific industrial project

Time consistency in Petroleum Taxation - The case of Norway

,Petroleum; Taxation

A Benchmark for Making College Affordable

So what is "affordable?" Most concepts of affordability are based on what college should cost, not what students can afford to pay. For example, colleges and universities often set tuition based not on what students can afford but rather on what the institutions need in terms of revenue. The conversations about affordability typically begin with what college prices are, what grant aid is available, and then ultimately wind up with what students are left to pay. Instead, the student-centered model proposed here begins with what students can reasonably contribute, and then suggests that the system be built around their needs. It is our hope that the affordability benchmark will contribute to the ongoing policy dialogue about college affordability in the coming months and years. However, instead of these conversations being shrouded in ambiguity, they can be grounded in a more specific idea of what affordability actually is

Can Power from Space Compete?

Satellite solar power (SSP) has been suggested as an alternative to terrestrial energy resources for electricity generation. In this study, we consider the market for electricity from the present to 2020, roughly the year when many experts expect SSP to be technically achievable. We identify several key challenges for SSP in competing with conventional electricity generation in developed and developing countries, discuss the role of market and economic analysis as technical development of SSP continues during the coming years, and suggest future research directions to improve understanding of the potential economic viability of SSP.

Towards an integrated perspective on fleet asset management: engineering and governance considerations

The traditional engineering perspective on asset management concentrates on the operational performance the assets. This perspective aims at managing assets through their life-cycle, from technical specification, to acquisition, operation including maintenance, and disposal. However, the engineering perspective often takes for granted organizational-level factors. For example, a focus on performance at the asset level may lead to ignore performance measures at the business unit level. The governance perspective on asset management usually concentrates on organizational factors, and measures performance in financial terms. In doing so, the governance perspective tends to ignore the engineering considerations required for optimal asset performance. These two perspectives often take each other for granted. However experience demonstrates that an exclusive focus on one or the other may lead to sub-optimal performance. For example, the two perspectives have different time frames: engineering considers the long term asset life-cycle whereas the organizational time frame is based on a yearly financial calendar. Asset fleets provide a relevant and important context to investigate the interaction between engineering and governance views on asset management as fleets have distributed system characteristics. In this project we investigate how engineering and governance perspectives can be reconciled and integrated to enable optimal asset and organizational performance in the context of asset fleets