22 research outputs found
Open Ownership - Not Common Carriage
We consider regulating natural monopolies with open ownership and competitive rules as a substitute for common carriage regulation and illustrate it with an application for natural gas pipelines. A single set of production assets exhausts any economies of scale or scope while owners compete with each other due to incentives from open ownership rules that promote efficient investment choices primarily by breaking down barriers to entry and competitive rules that promote an efficient secondary market. We argue that regulating a natural monopoly with these rules in a market structure we call a competitive joint venture significantly increases the efficiency of pricing output and capacity choices and may dramatically reduce regulatory costs when compared to regulating with common carriage
Church planting in the Anglican tradition : developing a church planting strategy for the Anglican Diocese of the South
https://place.asburyseminary.edu/ecommonsatsdissertations/2240/thumbnail.jp
The Relative Costs of Local Telephony Across Five Countries
In this paper we take three steps towards evaluating the relative performanceof the telecommunications markets in these five countries. First weidentify and then limit our examination to only those components of thetelecommunications network that may generate market power concerns. Wedetermine that market power concerns where they exist at all are limited tothose facilities connecting a customer with its neighboring central officecollectively called the local loop. Second we identify regional factors that maysignificantly affect relative costs for the local loop. Using data and a cost modelfrom the US to examine these regional factors we find that customer density is the most significant. Third using this same cost model along with regional data we estimate local loop costs relative to the US for New Zealand Australia the UK and Sweden
Open Ownership - Not Common Carriage
We consider regulating natural monopolies with open ownership and competitive rules as a substitute for common carriage regulation and illustrate it with an application for natural gas pipelines. A single set of production assets exhausts any economies of scale or scope while owners compete with each other due to incentives from open ownership rules that promote efficient investment choices primarily by breaking down barriers to entry and competitive rules that promote an efficient secondary market. We argue that regulating a natural monopoly with these rules in a market structure we call a competitive joint venture significantly increases the efficiency of pricing output and capacity choices and may dramatically reduce regulatory costs when compared to regulating with common carriage
Network Regulation Through Ownership Structure: An Application to the Electric Power Industry
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Terahertz Imaging of Cutaneous Edema: Correlation With Magnetic Resonance Imaging in Burn Wounds.
ObjectiveIn vivo visualization and quantification of edema, or 'tissue swelling' following injury, remains a clinical challenge. Herein, we investigate the ability of reflective terahertz (THz) imaging to track changes in tissue water content (TWC)-the direct indicator of edema-by comparison to depth-resolved magnetic resonance imaging (MRI) in a burn-induced model of edema.MethodsA partial thickness and full thickness burns were induced in an in vivo rat model to elicit unique TWC perturbations corresponding to burn severity. Concomitant THz surface maps and MRI images of both burn models were acquired with a previously reported THz imaging system and T2-weighted MRI, respectively, over 270 min. Reflectivity was analyzed for the burn contact area in THz images, while proton density (i.e., mobile TWC) was analyzed for the same region at incrementally increasing tissue depths in companion, transverse MRI images. A normalized cross correlation of THz and depth-dependent MRI measurements was performed as a function of time in histologically verified burn wounds.ResultsFor both burn types, strong positive correlations were evident between THz reflectivity and MRI data analyzed at greater tissue depths (>258 μm). MRI and THz results also revealed biphasic trends consistent with burn edema pathogenesis.ConclusionThis paper offers the first in vivo correlative assessment of mobile TWC-based contrast and the sensing depth of THz imaging.SignificanceThe ability to implement THz imaging immediately following injury, combined with TWC sensing capabilities that compare to MRI, further support THz sensing as an emerging tool to track fluid in tissue
Voting by proxy
I introduce voting by proxy for constructing and operating legislatures, and then compare it to direct representation, plurality, and single transferable vote (STV), which voting by proxy most closely resembles. When each voter uses voting by proxy to select his proxy among given legislators and elections are costless, voting by proxy maximizes the legislature's representation of the voting population. When each voter uses preferential voting by proxy, selecting a proxy during the vote count as well as a proxy in the legislature, and some ancillary rules are followed, I find that voting by proxy dominates STV and offers favorable tradeoffs against plurality. It improves representation and constituent service; eliminates gerrymandering; improves voter turnout; ranks the legislature's representatives by the proxies they hold rather than seniority; creates tighter representative-constituent links that lead to better informed voters, reducing the influence of special interests; and eliminates primary and runoff elections. Extra costs associated with its relative complexity or better representation can be made small. Copyright Springer Science + Business Media, Inc. 2006