Discrimination and Strategic Group Division in Tournaments

The contracts we consider in this paper must solve three problems: moral hazard, insurance and discrimination. The moral hazard problem is that of providing the agents with incentives to perform in a way that maximizes the profit to the principal, when the agent's actions are unobservable. The insurance problem is that of minimizing the cost of risk through risk minimization and risk sharing. The issue of discrimination is that of paying agents with different skills sufficiently to participate, without overcompensating other agents. We show how the principal may benefit from a strategic division of the agents into different tournaments or groups. The optimal number of groups from the principal's point of view is determined through a trade-off between moral hazard, insurance and discrimination issues.Agribusiness,

The Use of Old Corrugated Board in the Manufacture of High Quality White Papers

Clean corrugated board waste was fractionated into its softwood/hardwood fiber components, repulped using a kraft pulping process, and bleached using a CEHD bleaching sequence in an effort to produce high brightness fiber suitable for use in medium to high quality white paper. The papers produced has almost equivalent mechanical strengths and opacity, but possessed unsatisfactory brightness and cleanliness when compared to commercially manufactured bleached kraft pulps of identical softwood/hardwood contents. Based on this experimental data, the use of recycled fiber from corrugated board as a fiber substitute in the manufacture of high quality printing and writing papers is not recommended due to its inferior brightness and cleanliness. The pulps might find applications in the manufacture of medium quality printing and writing papers if used as a partial fiber substitute for kraft pulps

Alien Registration- Clavet, Rene H. (Lewiston, Androscoggin County)

https://digitalmaine.com/alien_docs/29624/thumbnail.jp

Alien Registration- Clavet, Rene H. (Lewiston, Androscoggin County)

https://digitalmaine.com/alien_docs/29621/thumbnail.jp