Переклад у галузі електроенергетики. Методичні рекомендації до практичних занять з дисципліни для студентів спеціальності 7.030507 «Переклад» напряму підготовки 035 «Філологія»

Методичні матеріали призначено для самостійної роботи студентів спеціальності 7.030507 “Переклад” напряму підготовки 035 «Філологія» для організації практичних занять із дисципліни «Переклад у галузі електроенергетики». Рекомендації орієнтовано на вдосконалення навичок перекладу науково-технічних текстів

Market Transparency, Adverse Selection, and Moral Hazard

We study the effects of improvements in market transparency on eBay on seller exit and continuing sellers’ behavior. An improvement in market transparency by reducing strategic bias in buyer ratings led to a significant increase in buyer valuation especially of sellers rated poorly prior to the change, but not to an increase in seller exit. When sellers had the choice between exiting—a reduction in adverse selection—and improved behavior—a reduction in moral hazard—, they preferred the latter because of lower cost. Increasing market transparency improves on market outcomes

Comparison of primordial tensor power spectra from the deformed algebra and dressed metric approaches in loop quantum cosmology

Loop quantum cosmology tries to capture the main ideas of loop quantum gravity and to apply them to the Universe as a whole. Two main approaches within this framework have been considered to date for the study of cosmological perturbations: the dressed metric approach and the deformed algebra approach. They both have advantages and drawbacks. In this article, we accurately compare their predictions. In particular, we compute the associated primordial tensor power spectra. We show -- numerically and analytically -- that the large scale behavior is similar for both approaches and compatible with the usual prediction of general relativity. The small scale behavior is, the other way round, drastically different. Most importantly, we show that in a range of wavenumbers explicitly calculated, both approaches do agree on predictions that, in addition, differ from standard general relativity and do not depend on unknown parameters. These features of the power spectrum at intermediate scales might constitute a universal loop quantum cosmology prediction that can hopefully lead to observational tests and constraints. We also present a complete analytical study of the background evolution for the bouncing universe that can be used for other purposes.Comment: 15 pages, 7 figure

The Actual Structure of eBay’s Feedback Mechanism and Early Evidence on the Effects of Recent Changes

eBay’s feedback mechanism is considered crucial to establishing and maintaining trust on the world’s largest trading platform. The effects of a user’s reputation on the probability of sale and on prices are at the center of a large number of studies. More recent theoretical work considers aspects of the mechanism itself. Yet, there is confusion amongst users about its exact institutional details, which also changed substantially in the last few months. An understanding of these details, and how the mechanism is perceived by users, is crucial for any assessment of the system. We provide a thorough description of the institutional setup of eBay’s feedback mechanism, including recent changes to it. Most importantly, buyers now have the possibility to leave additional, anonymous ratings on sellers on four different criteria. We discuss the implications of these changes and provide first descriptive evidence on their impact on rating behavior

Last Minute Feedback

Feedback mechanisms that allow partners to rate each other after a transaction are considered crucial for the success of anonymous internet trading platforms. We document an asymmetry in the feedback behavior on eBay, propose an explanation based on the micro structure of the feedback mechanism and the time when feedbacks are given, and support this explanation by findings from a large data set. Our analysis implies that the informational content of feedback records is likely to be low. The reason for this is that agents appear to leave feedbacks strategically. Negative feedbacks are given late, in the "last minute," or not given at all, most likely because of the fear of retaliative negative feedback. Conversely, positive feedbacks are given early in order to encourage reciprocation. Towards refining our insights into the observed pattern, we look separately at buyers and sellers, and relate the magnitude of the effects to the trading partners' experience

Ownership and Control in a Competitive Industry

We study a differentiated product market in which an investor initially owns a controlling stake in one of two competing firms and may acquire a non-controlling or a controlling stake in a competitor, either directly using her own assets, or indirectly via the controlled firm. While industry profits are maximized within a symmetric two product monopoly, the investor attains this only in exceptional cases. Instead, she sometimes acquires a noncontrolling stake. Or she invests asymmetrically rather than pursuing a full takeover if she acquires a controlling one. Generally, she invests indirectly if she only wants to affect the product market outcome, and directly if acquiring shares is profitable per se.Differentiated products; separation of ownership and control; private benefits of control

Ownership and Control in a Competitive Industry

We study a differentiated product market in which an investor initially owns a controlling stake in one of two competing firms and may acquire a non-controlling or a controlling stake in a competitor, either directly using her own assets, or indirectly via the controlled firm. While industry profits are maximized within a symmetric two product monopoly, the investor attains this only in exceptional cases. Instead, she sometimes acquires a non-controlling stake. Or she invests asymmetrically rather than pursuing a full takeover if she acquires a controlling one. Generally, she invests indirectly if she only wants to affect the product market outcome, and directly if acquiring shares is profitable per se.differentiated products, separation of ownership and control, private benefits of control

A Solid State Pulsed Coagulating Diathermy Instrument

Solid state pulsed coagulating diathermy instrumen