632 research outputs found

    Efficient Portfolios Versus Efficient Market

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    Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/108275/1/jfir00282.pd

    Evidence That The Common Stock Market Adjusts Fully For Expected Inflation

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    Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/108367/1/jfir00022.pd

    Market structure and the value of overselling under stochastic demands

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    In the operations management literature, traditional revenue management focused on pricing and capacity allocation strategies in a two-period model with stochastic demand. Inspired by travel and lodging industries, we examine a two-period model in which each seller may also adopt the overselling strategy to customers whose valuations are differentiated by timing of arrivals. Widely seen as a popular hedge against consumers’ skipping reservations, we extend the stylized approaches of Biyalogorsky, Carmon, Fruchter, and Gerstner (1999) and Lim (2009) to understand the value of overselling under various market structures. We find that contrary to existing literature, the impact of period-two pricing competition from overselling spills over to period-one such that overselling may not always be a (weakly) dominant strategy once unlimited early demand ceases to hold in a duopoly regime. We provide some numerical studies on the existence of multiple equilibria at the capacity allocation level which actually lead to different selling strategies at the equilibrium despite identical market conditions and firm characteristics

    Developing Ecologically Sustainable Education for Singapore Preschool Children

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    This paper begins by discussing the international context and developments that have taken place in the promotion of a sustainable world. It discusses the steps that a Southeast Asian country such as Singapore has taken towards creating a society that promotes sustainable practices in different aspects of life. It then examines the role of early childhood education and how this can play a vital role in promoting the sustainable agenda in an urbanised society

    Lanthanum Oxyhalide Monolayers: An Exceptional Dielectric Companion to Two-Dimensional Semiconductors

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    Two-dimensional (2D) layered dielectrics offers a compelling route towards the design of next-generation ultimately compact nanoelectronics. Motivated by recent high-throughput computational prediction of LaOXX (XX = Br, Cl) as an exceptional 2D dielectrics that significantly outperforms HfO2_2 even in the monolyaer limit, we investigate the interface properties between LaOX and the archetypal 2D semiconductors of monolayer transition metal dichacolgenides (TMDCs) MMS2_2 (MM = Mo, W) using first-principle density functional theory simulations. We show that LaOXX monolayers interacts weakly with MMS2_2 via van der Waals forces with negligible hybridization and interfacial charge transfer, thus conveniently preserving the electronic properties of 2D TMDCs upon contact formation. The conduction and valance band offsets of the interfaces exhibit a sizable value ranging from 0.7 to 1.4 eV, suggesting the capability of LaOXX as a gate dielectric materials. Based on Murphy-Good electron emission model, we demonstrate that LaOCl/MoS2_2 is a versatile dielectric/semiconductor combinations that are compatible to both NMOS and PMOS applications with leakage current lower than 10710^{-7} Acm2^{-2}, while LaOXX/WS2_2 is generally compatible with PMOS application. The presence of an interfacial tunneling potential barrier at the van der Waals gap further provide an additional mechanism to suppress the leakage current. Our findings reveal the role LaOXX as an excellent dielectric companion to 2D TMDC and shall provide useful insights for leveraging the dielectric strength of LaOXX in the design of high-performance 2D nanodevices.Comment: 10 pages, 4 Figures, 3 Table

    Dual-conditioning of Sludge using Chitosan and Metal Cations

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    Sludge dewatering is important in sludge management and disposal. In practice, chemical conditioners are often introduced to aid sludge dewatering. This study investigated the simultaneous application of chitosan and metal cations as dual-conditioners to improve sludge dewaterability. The dewatering performance of sludge was evaluated using three common measurements, i.e. capillary suction time, specific resistance to filtration, and moisture content of the filtered sludge cake. The effectiveness of metal cations in sludge conditioning and dewatering was found, in ascending order, to be Na+ < K+ ≈ Mg2+ < Ca2+ < Al3+ < Fe3+. Dual-conditioning using chitosan and metal cations further enhanced dewaterability. Cations may have significant effects on sludge conditioning by neutralization of negative surface charges, bridging of floc components, and the salting out effect, leading to improved dewaterability when used in conjunction with chitosan

    A hybrid systematic narrative review of instruments measuring home-based care nurses\u27 competency

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    Aim: The aim of the study was to identify and synthesize the contents and the psychometric properties of the existing instruments measuring home-based care (HBC) nurses\u27 competencies. Design: A hybrid systematic narrative review was performed. Review Methods: The eligible studies were reviewed to identify the competencies measured by the instruments for HBC nurses. The psychometric properties of instruments in development and psychometric testing design studies were also examined. The methodological quality of the studies was evaluated using the Medical Education Research Study Quality Instrument and COSMIN checklist accordingly. Data Sources: Relevant studies were searched on CINAHL, MEDLINE (via PubMed), EMBASE, PsychINFO and Scopus from 2000 to 2022. The search was limited to full-text items in the English language. Results: A total of 23 studies reporting 24 instruments were included. 12 instruments were adopted or modified by the studies while the other 12 were developed and psychometrically tested by the studies. None of the instruments encompassed all of the 10 home-based nursing care competencies identified in an earlier study. The two most frequently measured competencies were the management of health conditions, and critical thinking and problem-solving skills, while the two least measured competencies were quality and safety, and technological literacy. The content and structural validity of most instruments were inadequate since the adopted instruments were not initially designed or tested among HBC nurses. Conclusion: This review provides a consolidation of existing instruments that were used to assess HBC nurses\u27 competencies. The instruments were generally not comprehensive, and the content and structural validity were limited. Nonetheless, the domains, items and approaches to instrument development could be adopted to develop and test a comprehensive competency instrument for home-based nursing care practice in the future. Impact: This review consolidated instruments used to measure home-based care nurses\u27 competency. The instruments were often designed for ward-based care nurses hence a comprehensive and validated home-based nursing care competency instrument is needed. Nurses, researchers and nursing leaders could consider the competency instruments identified in this review to measure nurses\u27 competencies, while a home-based nursing care competency scale is being developed. Patient or Public Contribution: No patient or public contribution was required in this review
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