Seller versus Broker: Timing of Promotion

Sellers and brokers may differ in preferred timing of costly promotion. Sellers with holding costs are anxious to sell. Sellers with showing costs want a slower approach. We find a standard listing contract where the broker chooses promotion timing can be efficient if sellers have no significant holding or showing costs. We then delineate the efficient listing contract provisions for duration and fee structure for sellers who have holding and/or showing costs.

Energy Efficiency Needed for State Businesses

In a unique public-private collaboration, the State of Tennessee is creating a targeted loan program for financing energy efficiency improvementsenergy efficiency, loans, energy efficiency financing, Tennessee, Pathway Lending, business, energy efficiency improvements, energy efficiency loans

International Comparisons of Real Estate E-nformation on the Internet

How much information should brokers supply on a website? The Internet allows brokers to reduce the cost of providing information to potential buyers. However, brokers may risk disintermediation if they provide too much information. This paper presents a model of a broker’s choice of how much information to provide on a website. The model considers buyers’ tradeoffs between hiring a broker and gathering information on their own. It then investigates why real estate brokers in different countries provide different amounts of information on websites. Tests reveal that information provided on broker websites depends on the search cost of prospective buyers.

The George C. Marshall Space Flight Center High Reynolds Number Wind Tunnel Technical Handbook

The High Reynolds Number Wind Tunnel at the George C. Marshall Space Flight Center is described. The following items are presented to illustrate the operation and capabilities of the facility: facility descriptions and specifications, operational and performance characteristics, model design criteria, instrumentation and data recording equipment, data processing and presentation, and preliminary test information required

Filling in the Gaps: Eight Things to Recognize about Farm-Direct Marketing

Local Food, Organic Food, Market Channels, Niche Meat, Community Supported Agriculture, Food Consumption/Nutrition/Food Safety, Marketing,

Low-noise nozzle valve

A low noise, variable discharage area, valve is constructed having opposed recesses within which a pair of gates are slidably disposed. Each of the gates is provided with upstream edges having a radius thereon, the radius enabling smooth, accelerated, low noise flow therebetween. The gates are further provided with tracks along each side, which in turn slide along splines set in the side walls of the valve. A threaded rod which rotates in a threaded insert in a rear wall of each of the gates, serves to move the gates within their respective recesses

What can the Apple Teach the Orange? Lessons U.S. Land Trusts can Learn from the National Trust in the U.K.

The National Trust in England, Wales, and Northern Ireland is one of the oldest and most revered private land conservation organizations in the world. While the private land conservation movements in the United States and the United Kingdom began at a similar time and with similar tools, conservation attitudes and methods in the two countries diverged. Today, the National Trust dominates land conservation in the U.K. while the strength of the U.S. movement is the energy of over 1,500 smaller organizations operating at different scales across the country. Despite the differences, this project looks to the National Trust in England and concludes that three elements of the National Trust’s experience provide important insights for U.S. land trusts rethinking their programs as political and environmental change engulfs the planet. First, the National Trust has gone through several iterations in its understanding of general public benefit and public access to protected properties in a way that most U.S. land trusts have yet to do. Second, National Trust experience suggests that U.S. land trusts could become more engaged in land-use regulations rather than presenting themselves primarily as an alternative (private, compensated, voluntary) thereto. Finally, the National Trust’s approaches to balancing agricultural productivity with sustainability provide useful models to study and emulate in the management of working landscapes. Many of the lessons learned by the National Trust could enrich private land conservation in the United States in an era of government withdrawal from environmental protection and growing impacts of climate change

A Generalized Variational Principle with Applications to Excited State Mean Field Theory.

We present a generalization of the variational principle that is compatible with any Hamiltonian eigenstate that can be specified uniquely by a list of properties. This variational principle appears to be compatible with a wide range of electronic structure methods, including mean field theory, density functional theory, multireference theory, and quantum Monte Carlo. Like the standard variational principle, this generalized variational principle amounts to the optimization of a nonlinear function that, in the limit of an arbitrarily flexible wave function, has the desired Hamiltonian eigenstate as its global minimum. Unlike the standard variational principle, it can target excited states and select individual states in cases of degeneracy or near-degeneracy. As an initial demonstration of how this approach can be useful in practice, we employ it to improve the optimization efficiency of excited state mean field theory by an order of magnitude. With this improved optimization, we are able to demonstrate that the accuracy of the corresponding second-order perturbation theory rivals that of singles-and-doubles equation-of-motion coupled cluster in a substantially broader set of molecules than could be explored by our previous optimization methodology

Survey Information Needs of Commercial Family Farms

Large commercial family farm operators think the most important kinds of information are marketing, production technology, weather, and business management, according to the report of a 1978 nationwide survey