Mongolian hospitality: intrepid travelling

Continuing the series on exploring diverse hospitality practices, Kevin O'Gorman and Karen Thompson explore the origins of Mongolian hospitality. They highlight the lack of commercial hospitality provision in Mongolia and reflect on some of the contemporary hospitality customs and practices centred on the 'home'

Guest Editorial

This special issue, Volume 14, Issue 2, features both new essays and reprints of pieces from past issues that are relevant to the theme of preparing teacher candidates to work effectively with families and communities. It offers each of us the opportunity to re-imagine the way we prepare our pre-service candidates for the challenges of today’s classrooms

Testing An Identification Algorithm for Extragalactic OB Associations Using a Galactic Sample

We have used a Galactic sample of OB stars and associations to test the performance of an automatic grouping algorithm designed to identify extragalactic OB associations. The algorithm identifies the known Galactic OB associations correctly when the search radius (78 pc) is defined by the observed stellar surface density. Galactic OB associations identified with a 78 pc search radius have diameters that are $\sim$3 times larger than OB associations identified with a 22 pc search radius in M33. Applying the smaller search radius to the Galactic data matches both the sizes and the number of member stars between the two galaxies quite well. Thus, we argue that this and similar algorithms should be used with a constant physical search radius, rather than one which varies with the stellar surface density. Such an approach would allow the identification of differences in the giant molecular cloud populations and star formation efficiency under most circumstances.Comment: accepted to AJ; 16 pages, aas latex, 9 postscript figures; available at http://www.physics.mcmaster.ca/Wilson_Preprints/index.htm

Ten Conversations about Identity Preservation: Implications for Cooperatives

Motivation: While it appears the modern economy demands ever increasing amounts of differentiation, opportunities for grain producers to create and capture significant new sources of value remains elusive. Opportunities appear to loom large to help remove risk and improve quality in the grain supply chain through preservation of product identity, producers, producer groups, and cooperatives are frustrated at the low level of value available to them from IP demand. Why do premiums remain low? And, what is the role of group action in these new differentiated markets? Objectives: This research report helps to explain this apparent paradox underlying the economics of the value proposition for IP grains. Methodology: Needs assessments were conducted on procurement executives using a semi-structured instrument. Results: The study demonstrates that understanding identity preservation business opportunities requires an understanding of the buy-side proposition. Respondents described how they balance the risk mitigation and market uplift features of a supply offering with the risks of narrowing the supply base. A model of the buyer's calculus is constructed. The results show how for producers and producer groups to drive value up the chain they need to shift away from solely a new product focus. Instead attention needs to be directed towards technologies, delivery systems, and organizational models that when bundled with new products make end-users more competitive. A second insight was the limited role of group action in meeting end-user needs. Where value markets existed, internalized groups rather than "arm's length" group transactions were the norm. Plan for Discussion: The cooperative movement was grounded in group action giving individual producers power in the market. The motivation to unite was very clear. In the post-industrial agrifood system though, why do buyers want to purchase from a group? What is the role of the group, from a buy-side perspective, in the modern economy? How should effective groups be structured? Key Words: identity preservation, supply chain management, value creation, group actionidentity preservation, supply chain management, value creation, group action, Agribusiness,

TRADE LIBERALIZATION UNDER NAFTA: WHERE FROM HERE?

International Relations/Trade,

Do Stationary Risk Premia Explain It All? Evidence from the Term Struct

Most studies of the expectations theory of the term structure reject the model. However, the significance of the rejections depend strongly upon the form of the test. In this paper, we use the pattern of rejection across maturities to back out the implied behavior of time-varying risk premia and/or market forecasts. We then use a new technique to test whether stationary risk premia alone can be responsible for these rejections. Surprisirj1y, this test is rejected for short maturities up to 6 months, suggesting that time-varying risk premia do not explain it all. We also describe hew this method can be used to test other asset pricing relationships.