Inequality: A hidden cost of market power

This paper explores the impact of competition on inequality by developing a new model to illustrate how higher profits from market power, and associated higher prices, could influence the distribution of wealth and income. We analyse data from eight OECD countries—Canada, France, Germany, Korea, Japan, Spain, the United Kingdom, and the United States. In an average country in the sample, market power increases the wealth of the richest 10 per cent by between 12 and 21 per cent for a range of reasonable assumptions about savings behaviour, while it reduces the income of the poorest 20 per cent by 11 per cent or more. The results contribute to the economic literature on the origins of inequality, suggesting that lack of competition may be one source of economic inequality

A Geospatial Semantic Enrichment and Query Service for Geotagged Photographs

With the increasing abundance of technologies and smart devices, equipped with a multitude of sensors for sensing the environment around them, information creation and consumption has now become effortless. This, in particular, is the case for photographs with vast amounts being created and shared every day. For example, at the time of this writing, Instagram users upload 70 million photographs a day. Nevertheless, it still remains a challenge to discover the “right” information for the appropriate purpose. This paper describes an approach to create semantic geospatial metadata for photographs, which can facilitate photograph search and discovery. To achieve this we have developed and implemented a semantic geospatial data model by which a photograph can be enrich with geospatial metadata extracted from several geospatial data sources based on the raw low-level geo-metadata from a smartphone photograph. We present the details of our method and implementation for searching and querying the semantic geospatial metadata repository to enable a user or third party system to find the information they are looking for

Mitigating Issues of Future Wastes: Enhancing Resource Productivity in Emerging Technologies

On 5th September 2018, our Environment Sustainability and Energy Division (ESED) held an international scientific meeting at Burlington House, London looking at how the chemical sciences can develop solutions to the scientific and policy challenges to mitigate the issues of waste and resource efficiency for emerging technologies

Empowering Teachers with Low Intensity Strategies to Support Instruction: A Self-Monitoring Illustration

The purpose of “Empowering Teachers with Low-Intensity Strategies to Support Instruction,” a creative inquiry at Clemson University, was to equip teachers with low-intensity strategies that can be implemented within the classroom to boost the academic engagement of their students