EFFECT OF CONTRACT DISCLOSURE ON PRICE: RAILROAD GRAIN CONTRACTING IN THE PLAINS

The Staggers Rail Act of 1980 granted railroads freedom to establish rates and enter into confidential contracts with grain shippers. Recent legislation (1986) required that certain contract terms be disclosed. This study shows rail rates in the Plains region commenced an upward trend after implementation of the disclosure policy. Results suggest contract disclosure and increased reliance on posted tariffs facilitated rate coordination within the oligopolistic railroad industry.Public Economics,

LOCK CONGESTION AND ITS IMPACT ON GRAIN BARGE RATES ON THE UPPER MISSISSIPPI RIVER

An anticipated increase in lock delays on the upper Mississippi River has generated concern about its future navigational efficiency. The objective of this paper is to identify selected factors affecting lock delay on the River's busiest locks and to examine the impact of lock delay on grain barge rates. Results show that lock unavailability, traffic level, and delay at nearby locks affect lock delay. Further, barge rates are affected by lock delay, however, the impact is modest.Public Economics,

Cointegration and Causality Analysis of World Vegetable Oil and Crude Oil Prices

Because of the recent soaring petroleum price and growing environmental concerns, biodiesel has become an important alternative fuel. Biodiesel is the mono alky esters made from a vegetable oil, such as soybean or rapeseed oil, or sometimes from animal fats. The escalation in world petroleum price has stimulated the demand for biodiesel, which consequently expanded the use of vegetable oils. This paper investigates the long-run interdependence between major edible oil prices and examines the dynamic relationship between vegetable and crude oil prices. The data consists of 378 weekly observations extending from the first week of January in 1999 to the fourth week of March in 2006. We apply time-series analytical mechanisms and directed acyclic graphs to four major traded edible oils prices, including soybean, sunflower, rapeseed and palm oils, along with one weighted average world crude oil price. Tentative results suggest one long-run cointegration relationship among those five oil prices. Also, the edible oil markets are well linked in contemporaneous time with the palm oil market initiating the new information; however, soybean oil price dominates the edible oil markets in the long run. The influence of crude oil price on edible oil prices is not significant over the study period.Resource /Energy Economics and Policy,

ORIF of Radius and Ulna Video Demonstration

Video is an emerging medium that has become an invaluable resource within education. It allows for a multisensory, both visual and auditory, means for students to learn quickly and effectively. We hope to contribute to a growing peer-reviewed video library using this technology

Cascaded Photoenhancement: Implications for Photonic Chemical and Biological Sensors

Our analysis shows that coupling of gold nanoparticles to microspheres will evoke a cascading effect from the respective photoenhancement mechanisms. We refer to this amplification process as cascaded photoenhancement, and the resulting cavity amplification of surface-enhanced Raman scattering (SERS) and fluorescence as CASERS and CAF, respectively. Calculations, based on modal analysis of scattering and absorption by compound spheres, presented herein indicate that the absorption cross sections of metal nanoparticles immobilized onto dielectric microspheres can be greatly enhanced by cavity resonances in the microspheres without significant degradation of the resonators. Gain factors associated with CSP of 10(exp 3) - 10(exp 4) are predicted for realistic experimental conditions using homogenous microspheres. Cascaded surface photoenhancement thus has the potential of dramatically increasing the sensitivities of fluorescence and vibrational spectroscopies

Capacity of a bosonic memory channel with Gauss-Markov noise

We address the classical capacity of a quantum bosonic memory channel with additive noise, subject to an input energy constraint. The memory is modeled by correlated noise emerging from a Gauss-Markov process. Under reasonable assumptions, we show that the optimal modulation results from a "quantum water-filling" solution above a certain input energy threshold, similar to the optimal modulation for parallel classical Gaussian channels. We also derive analytically the optimal multimode input state above this threshold, which enables us to compute the capacity of this memory channel in the limit of an infinite number of modes. The method can also be applied to a more general noise environment which is constructed by a stationary Gauss process. The extension of our results to the case of broadband bosonic channels with colored Gaussian noise should also be straightforward.Comment: 11 pages, 4 figures, final corrections mad

Theology, News and Notes - Vol. 12, No. 01

Theology News & Notes was a theological journal published by Fuller Theological Seminary from 1954 through 2014.https://digitalcommons.fuller.edu/tnn/1189/thumbnail.jp

Remote lab experiments: opening possibilities for distance learning in engineering fields

Remote experimentation laboratories are systems based on real equipment, allowing students to perform practical work through a computer connected to the internet. In engineering fields lab activities play a fundamental role. Distance learning has not demonstrated good results in engineering fields because traditional lab activities cannot be covered by this paradigm. These activities can be set for one or for a group of students who work from different locations. All these configurations lead to considering a flexible model that covers all possibilities (for an individual or a group). An inter-continental network of remote laboratories supported by both European and Latin American institutions of higher education has been formed. In this network context, a learning collaborative model for students working from different locations has been defined. The first considerations are presented.Education for the 21 st century - impact of ICT and Digital Resources ConferenceRed de Universidades con Carreras en Informática (RedUNCI