29,821 research outputs found
Technology Strategy for Re-engineering Design and Construction
Automation technology can provide construction firms with a number of competitive advantages. Technology strategy guides a firm's approach to all technology, including automation. Engineering management educators, researchers, and construction industry professionals need improved understanding of how technology affects results, and how to better target investments to improve competitive performance. A more formal approach to the concept of technology strategy can benefit the construction manager in his efforts to remain competitive in increasingly hostile markets. This paper recommends consideration of five specific dimensions of technology strategy within the overall parameters of market conditions, firm capabilities and goals, and stage of technology evolution. Examples of the application of this framework in the formulation of technology strategy are provided for CAD applications, co-ordinated positioning technology and advanced falsework and formwork mechanisation to support construction field operations. Results from this continuing line of research can assist managers in making complex and difficult decisions regarding reengineering construction processes in using new construction technology and benefit future researchers by providing new tools for analysis. Through managing technology to best suit the existing capabilities of their firm, and addressing the market forces, engineering managers can better face the increasingly competitive environment in which they operate
Recursive Sustainability: Intertemporal Efficiency and Equity
PV-optimality in a capital-resource economy can imply decreasing utility over some portion of the time horizon. Various criteria have been proposed to maintain intergenerational equity defined as nondeclining utility, but these have some limitations and problems. This paper proposes a new welfare criteria incorporating present value to maintain efficiency, and an equity function with convex costs on declining utility. This criterion is economically efficient, time-consistent and recursive. An extension of dynamic programming to multiple value functions is developed to solve this problem. Increasing the equity weight increasingly eliminates declining portions of utility time paths. Sustainability implies increasing consumption in the early time periods and some intermediate time periods relative to PV-optimality. A surprising result is that sustainability can actually result in increased resource usage in early time periods, followed later by higher levels of resource stocks compared to PV-optimality. The sustainability analysis shows that while conventional benefit-cost and valuation analysis contribute to efficiency, they do not necessarily induce sustainability due to incorrect dynamic GE prices. Similar comments apply to Green NNP analysis. The concepts and extended DP methods developed in this paper extend naturally to uncertainty and can also be applied to generalized consumer and social choice models beyond those typically considered in the literature.growth, environment, intergenerational equity, dynamic programming, Research Methods/ Statistical Methods,
EXHAUSTIBLE RESOURCE ALLOCATION, INTERGENERATIONAL EQUITY, AND SUSTAINABILITY
An OLG model with exhaustible resources and solar energy is developed, and equilibrium time paths are characterized numerically using recursive methods. For the parameter values considered, resource prices increase over time, and extractions, output, and utility decline over time until a steady-state is reached. Decreasing the intertemporal elasticity of substitution or raising consumers' subjective discount rate hastens exhaustion of the resource stock. Market equilibrium can result in much quicker use of the stock than social optimality under a constant discount rate, with consequent higher utility for early generations and lower utility for future generations in contrast to social optimality.Resource /Energy Economics and Policy,
Ixodes brunneus (Acari: Ixodidae) from Two Bird Hosts: A New Michigan Tick
The tick Ixodes brunneus Koch (Acari: Ixodidae) is reported for the first time in Michigan from two bird hosts at two locations in the lower peninsula. All stages of this tick exclusively feed on birds, and are primarily known from the southern U.S., although abundant records occur from northern states. The role of this species as a vector of pathogens is discussed
Maverick Examples Of Coset Conformal Field Theories
We present coset conformal field theories whose spectrum is not determined by
the identification current method. In these ``maverick'' cosets there is a
larger symmetry identifying primary fields than under the identification
current. We find an A-D-E classification of these mavericks. }Comment: 16pages , reportSWAT-93-0
- …