Uniform and Partially Uniform Redistribution Rules

This short paper introduces two new fusion rules for combining quantitative basic belief assignments. These rules although very simple have not been proposed in literature so far and could serve as useful alternatives because of their low computation cost with respect to the recent advanced Proportional Conflict Redistribution rules developed in the DSmT framework.Comment: 4 pages; "Advances and Applications of DSmT for Plausible and Paradoxical reasoning for Information Fusion", International Workshop organized by the Bulgarian IST Centre of Competence in 21st Century, December 14, 2006, Bulg. Acad. of Sciences, Sofia, Bulgari

Effects of channel cross-sectional geometry on long wave generation and propagation

Joint theoretical and experimental studies are carried out to investigate the effects of channel cross-sectional geometry on long wave generation and propagation in uniform shallow water channels. The existing channel Boussinesq and channel KdV equations are extended in the present study to include the effects of channel sidewall slope at the waterline in the first-order section-mean equations. Our theoretical results show that both the channel cross-sectional geometry below the unperturbed water surface (characterized by a shape factor kappa) and the channel sidewall slope at the waterline (represented by a slope factor gamma) affect the wavelength (lambda) and time period (Ts) of waves generated under resonant external forcing. A quantitative relationship between lambda, Ts, kappa, and gamma is given by our theory which predicts that, under the condition of equal mean water depth and equal mean wave amplitude, lambda and Ts increase with increasing kappa and gamma. To verify the theoretical results, experiments are conducted in two channels of different geometries, namely a rectangular channel with kappa[equivalent]1, gamma=0 and a trapezoidal channel with kappa=1.27, gamma=0.16, to measure the wavelength of free traveling solitary waves and the time period of wave generation by a towed vertical hydrofoil moving with critical speed. The experimental results are found to be in broad agreement with the theoretical predictions

Social Security Incentives and Human Capital Investment

While the effect of social security systems on retirement decisions has received much attention, the impact of these systems on individuals’ incentives to invest in their human capital has not been analyzed. We integrate human capital investment and retirement decisions in a simple analytical life-cycle model with full certainty and investigate how different social security schemes may a¤ect welfare, human capital investment and labor supply. We analyze and compare three different social security systems. Our results suggest that actuarial adjustment and the link between individual social security contributions and benefits increase human capital investment and postpone retirement.Social security, retirement, education, human capital, labor supply

Toward Eclipse Mapping of Hot Jupiters

Recent Spitzer infrared measurements of hot Jupiter eclipses suggest that eclipse mapping techniques could be used to spatially resolve the day-side photospheric emission of these planets using partial occultations. As a first step in this direction, we simulate ingress/egress lightcurves for the three brightest known eclipsing hot Jupiters and evaluate the degree to which parameterized photospheric emission models can be distinguished from each other with repeated, noisy eclipse measurements. We find that the photometric accuracy of Spitzer is insufficient to use this tool effectively. On the other hand, the level of photospheric details that could be probed with a few JWST eclipse measurements could greatly inform hot Jupiter atmospheric modeling efforts. A JWST program focused on non-parametric eclipse map inversions for hot Jupiters should be actively considered.Comment: 32 pages, 6 figures, 3 tables, accepted for publication in Ap

Out-of-Pocket Maximum Rules under a Compulsatory Health Care Insurance Scheme: A Choice between Equality and Equity

Using the microsimulation model ARAMMIS, this study attempts to measure the impacts of introducing an out-of-pocket (OOP) maximum threshold, or a safety net threshold, on consumer copayments for health care financed by the abolition of the Long-term Illness Regime (ALD) in France. The analysis is based on a comparison of different safety net threshold rules and their redistributive effects on patients’ OOP payments. We attach particular importance to indicators that bring to light changes in OOP payment levels and measure their impact on the equity of OOP distribution. The first section outlines the French National Health System to provide a better understanding of the stakes involved in reforming the health care reimbursement rules under the Compulsory Health Care Insurance scheme. In the second section, we describe the hypotheses retained, the database and the microsimulation model. The final section presents key findings, measuring the impact of the reform at both individual and system levels.Microsimulation, Health expenditure, Out-of-pocket payment.

A Case for Partial Funding of Pensions with an Application to the EU Candidate Countries

The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on inter-generational fairness in a situation where pension expenditure as compared to wages increases due to low fertility and increasing longevity. We illustrate the approach by using data representing a typical EU Candidate Country of Central and Eastern Europe with a relatively high pension replacement rate. Pre-funding can take place within the public sector or in a privatised second pillar. We emphasise the need for a consistent framework to cover the many different institutional options available for pension financing.Pension system reform, partial pre-funding, ageing

Parallel imports, innovations and national welfare: The role of the sizes of the income classes and national markets for health care.

This paper shows that regardless of any intra-country income differences, parallel imports result in a lower level of health-care innovation but, contrary to popular as well as conventional theoretical wisdom, a lower price in the Third World compared to market-based discrimination. Despite such a lower price, however, parallel imports unambiguously make all buyers in the Third World worse off when intra-country income disparity exists. On the other hand, even discarding the MNC's profit, there will be cases in which the richer country prefers price discrimination as well. That is, in those cases, no countries will have any incentive under the welfare criterion to undo price discrimination, contrary to Richardso

A case for partial funding of pensions with an application to the EU Candidate Countries.

The paper examines the effects of ageing and makes a case for partial pre-funding of pensions. The argument is based on inter-generational fairness in a situation where pension expenditure as compared to wages increases due to low fertility and increasing longevity. We illustrate the approach by using data representing a typical EU Candidate Country of Central and Eastern Europe with a relatively high pension replacement rate. Pre-funding can take place within the public sector or in a privatised second pillar. We emphasise the need for a consistent framework to cover the many different institutional options available for pension financing.pension systems, demographics, reform