Water as an economic good: a solution, or a problem ?

Water resource management / Economic aspects / Economic analysis / Irrigated farming / Water rights / Pricing / Privatization / Marginal analysis / Water market / Water policy

ALKALINE EXTRACTION OF HUMIC SUBSTANCES FROM PEAT APPLIED TO ORGANIC-MINERAL FERTILIZER PRODUCTION

Abstract -An organic-mineral fertilizer based on humic substances (HSs) and potassium was developed based on the alkaline extraction of HSs from peat. The HSs have interesting properties for use as a fertilizer since they improve the physical and chemical structure of the soil and provide a source of organic carbon which is readily absorbable by the plants, whereas potassium is a primary nutrient for plants. It was found that highly decomposed peats containing a small inorganic fraction are more favorable for the extraction of HSs. Using these peats, organic-mineral fertilizers that meet the Brazilian legislation have been obtained for a peatextractant mixture containing 2.57 wt% total organic content (TOC), a K 2 O/TOC ratio of 1 wt% and an extraction time of 12 hours

Enclaves in the Cadillac Mountain Granite (Coastal Maine): Samples of Hybrid Magma from the Base of the Chamber

The Cadillac Mountain intrusive complex is dominated by the Cadillac Mountain granite and a 2–3 km thick section of interlayered gabbroic, dioritic and granitic rocks which occurs near the base of the granite. The layered rocks record hundreds of injections of basaltic magma that ponded on the chamber floor and variably interacted with the overlying silicic magma. Magmatic enclaves, ranging in composition from 55 to 78 wt % SiO2, are abundant in granite above the layered mafic rocks. The most mafic enclaves are highly enriched in incompatible elements and depleted in compatible elements. Their compositions can be best explained by periodic replenishment, mixing and fractional crystallization of basaltic magma at the base of the chamber. The intermediate to silicic enclaves formed by hybridization between the evolved basaltic magma and resident silicic magma. There is little evidence for significant exchange between enclaves and the enclosing granite. Instead, hybridization apparently occurred between stratified mafic and silicic magmas at the base of the chamber. Enclaves in a restricted area commonly show distinctive compositional characteristics, suggesting they were derived from a discrete batch of hybrid magma. Enclaves were probably dispersed into a localized portion of the granitic magma when replenishment or eruption disrupted the intermediate layer

The valuation of European financial firms

We extend the recent literature concerning accounting based valuation models to investigate financial firms from six European countries with substantial financial sectors: France, Germany, Italy, Netherlands, Switzerland and the UK. Not only are these crucial industries worthy of study in their own right, but unusual accounting practices, and inter-country differences in those accounting practices, provide valuable insights into the accounting-value relationship. Our sample consists of 7,714 financial firm/years observations from 1,140 companies drawn from 1989-2000. Sub-samples include 1,309 firm/years for banks, 650 for insurance companies, 1,705 for real estate firms, and 3,239 for investment companies. In most countries we find that the valuation models work as well or better in explaining cross-sectional variations in the market-to-book ratio for financial firms as they do for industrial and commercial firms in the same countries, although Switzerland is an exception to this generalization. As expected, the results are sensitive to industrial differences, accounting regulation and accounting practices. In particular, marking assets to market value reduces the relevance of earnings figures and increases that of equity

FLICK: developing and running application-specific network services

Data centre networks are increasingly programmable, with application-specific network services proliferating, from custom load-balancers to middleboxes providing caching and aggregation. Developers must currently implement these services using traditional low-level APIs, which neither support natural operations on application data nor provide efficient performance isolation. We describe FLICK, a framework for the programming and execution of application-specific network services on multi-core CPUs. Developers write network services in the FLICK language, which offers high-level processing constructs and application-relevant data types. FLICK programs are translated automatically to efficient, parallel task graphs, implemented in C++ on top of a user-space TCP stack. Task graphs have bounded resource usage at runtime, which means that the graphs of multiple services can execute concurrently without interference using cooperative scheduling. We evaluate FLICK with several services (an HTTP load-balancer, a Memcached router and a Hadoop data aggregator), showing that it achieves good performance while reducing development effort

FLICK: Developing and running application-specific network services

Data centre networks are increasingly programmable, with $\textit{application-specific}$ network services proliferating, from custom load-balancers to middleboxes providing caching and aggregation. Developers must currently implement these services using traditional low-level APIs, which neither support natural operations on application data nor provide efficient performance isolation. We describe FLICK, a framework for the programming and execution of application-specific network services on multi-core CPUs. Developers write network services in the FLICK $\textit{language}$, which offers high-level processing constructs and application-relevant data types. FLICK programs are translated automatically to efficient, parallel $\textit{task graphs}$, implemented in C++ on top of a user-space TCP stack. Task graphs have bounded resource usage at runtime, which means that the graphs of multiple services can execute concurrently without interference using cooperative scheduling. We evaluate FLICK with several services (an HTTP load-balancer, a Memcached router and a Hadoop data aggregator), showing that it achieves good performance while reducing development effort.Engineering and Physical Sciences Research CouncilThis is the author accepted manuscript. The final version is available from USENIX via https://www.usenix.org/conference/atc16/technical-sessions/presentation/ali