Do Consumers Pay for One-Stop Banking?

The authors use a specialized revenue function to estimate the revenue economies of scope and determine whether banks providing a broad mix of services are able to capitalize on the potential savings in transaction costs afforded their customers. Bank production costs and consumer consumption expenses are thought to be reduced through relationship banking strategies that cultivate one stop shopping for financial services. Much work has been done on estimates of production synergies that correspond to cost economies of scope. The complementarities in the consumption of bank services is potentially as important for bank profitability but it has yet to be examined in detail. Complementarities arise from reductions in user transaction and search costs associated with consuming financial services jointly from the same bank provider, often at the same location, rather than consuming these services separately from different providers at different locations. If benefits from joint consumption are strong, consumers should be willing to pay for them through higher prices at banks that provide services jointly rather than separately. The authors find no evidence of statistically significant revenue complementarities or fixed revenue effects among banks over 1978-1990. Revenues are no larger when deposits and loans are provided jointly rather than separately, and consumers do not pay for one stop banking. This holds for the average small or large bank as well as those on and off the revenue-efficient frontier. Combining revenue scope results with earlier cost scope findings suggests that synergies between bank deposits and loans are small and concentrated in joint production, rather than joint consumption. Consumers may or may not value one stop banking, but they apparently do not have to pay for it.

Treatment of Chemical Dependency May Reduce Medical Utilization and Costs

Summarizes a study of the impact of chemical dependency treatment on the costs and utilization of medical services -- hospital days, emergency department visits, and outpatient visits. Points to lack of insurance as a barrier to treatment

Data base architecture for instrument characteristics critical to spacecraft conceptual design

Spacecraft designs are driven by the payloads and mission requirements that they support. Many of the payload characteristics, such as mass, power requirements, communication requirements, moving parts, and so forth directly affect the choices for the spacecraft structural configuration and its subsystem design and component selection. The conceptual design process, which translates mission requirements into early spacecraft concepts, must be tolerant of frequent changes in the payload complement and resource requirements. A computer data base was designed and implemented for the purposes of containing the payload characteristics pertinent for spacecraft conceptual design, tracking the evolution of these payloads over time, and enabling the integration of the payload data with engineering analysis programs for improving the efficiency in producing spacecraft designs. In-house tools were used for constructing the data base and for performing the actual integration with an existing program for optimizing payload mass locations on the spacecraft

The crystal and molecular structures of some transition metal-barbiturate complexes

This thesis describes the synthesis and X-ray structural investigation of four complexes of the type M(II)(barb)₂L₂ where M is a transition metal, barb is the anion of a substituted barbituric acid and L is an organic base. These compounds are of importance in the clinical detection and identification of barbiturate drugs and this aspect is discussed in a later section. An infrared study of these compounds is also described. The individual components of the complexes, viz. the transition metals and the barbiturate ligands are in themselves of great biological and physiological significance. Although the human body is but 3% metals, life depends upon these elements far more than this figure suggests. For example, the transition series metals, even though some are present in only trace amounts, generally appear in the active centres of enzymes that catalyze substrates to form aggregate molecules. The barbiturates on the other hand are members of a group of widely used drugs known as hypnotics, many of which are medicinally applied today

Victorian Material Culture in Memphis, Tennessee: The Mallory-Neely House Interiors As Artifact

The interiors of the Mallory-Neely House are valuable surviving documents of nineteenth century American culture warranting careful research, preservation and interpretation. Victorian Village, where the mansion is located in Memphis, is a nationally recognized enclave of nineteenth-century domestic structures. Previous research has centered primarily on the genealogical background of the owners and to a much lesser degree on the architectural history of these houses; none had focused in a scholarly manner on the interiors and furnishings. This is especially true of the Mallory-Neely House, the only one containing its original interior decor. These represent stratification of occupation and renovation by five families. Major phases of Victorian interior architectural treatment, changing approaches to interior decoration, and myriad Victorian furniture styles are represented. Due to an almost total lack of written documentation directly concerning the Mallory-Neely interiors, a material cultures methodological approach was used. Each of the interconnected ceremonial rooms was treated as an artifact. A system was developed in order to read” and gather data about each component of these interiors as well as the room ensemble as a whole. This information was then coupled with written evidence from various archival sources to form a base for interpretation. The artifacts comprising the Mallory-Neely interiors were found to be reflective of a society evolving towards modernization and representative of technological change. Dynamic change brought disruption of the social order and created a desire among Victorians for stabilizing symbols. The Mallory-Neely ceremonial interiors were created as a stage of status where symbolic social ritual was enacted. The interiors and their contents along with their closely related architectural and landscape surround visually communicated the owners\u27 elite status in the hierarchial class structure of the time

The Identification And Analysis Of Certain Value Orientations Of Two Generations Of East Indians In California

The purpose of this study was to identify and compare certain beliefs, called value orientations, that are held by two generations of East Indians residing in the Sutter County area of California. The comparisons involved testing the null hypothesis to the effect that there are no significant differences between the value orientations of the two generations of East Indians. East Indian students and their parents were questioned about their views regarding the desirable attitude toward action, their views regarding time, their attitude toward nature, and the desirable relationship of man to his fellow man. The instrument employed in gathering the data was the “Schedule,” developed by Florence R. Kluckhohn. The data gathered in the interviews were used to identify the value orientations and were used to test the null hypothesis. The data were further analyzed for any possible relationships according to several categories that included generation, age, sex, length of time in the UNited States, amount of formal education, and amount of material culture