Reflections of the Mature Market and What It Says to the Travel Industry

This article explores the trend of privatization among public, quasi-public, and private institutions. The primary factor that must be resolved is whether a cooperative or a competitive approach is used. Morgan\u27s model of privatization, with greater utilization of the private non-profit sector, coupled with voluntary involvement of dedicated individuals, seems to hold the most promise

Outdoor Recreation Expenditures: A Nationwide Study

Outdoor recreation expenditures are examined in this paper. Data from the 1982-83 Nationwide Recreation Survey are used to determine the nature and extent of expenditures for outdoor recreation by a nationally representative sample of individuals. In addition, anticipated future expenditures by the same group are reported. The implications of these data for the leisure industry are discussed

Evolution of Debris‐Flow Initiation Mechanisms and Sediment Sources During a Sequence of Postwildfire Rainstorms

Wildfire alters vegetation cover and soil hydrologic properties, substantially increasing the likelihood of debris flows in steep watersheds. Our understanding of initiation mechanisms of postwildfire debris flows is limited, in part, by a lack of direct observations and measurements. In particular, there is a need to understand temporal variations in debris-flow likelihood following wildfire and how those variations relate to wildfire-induced hydrologic and geomorphic changes. In this study, we use a combination of in situ measurements, hydrologic monitoring equipment, and numerical modeling to assess the impact of wildfire-induced hydrologic and geomorphic changes on debris-flow initiation during seven postwildfire rainstorms. We predict the impact of hillslope erosion on debris-flow initiation by combining terrestrial laser scanning surveys of a hillslope burned during the 2016 Fish Fire with numerical modeling of sediment transport throughout a 0.12-km(2) basin in southern California. We use measurements of sediment thickness within the channel to constrain numerical experiments and to assess the role of channel sediment supply on debris-flow initiation. Results demonstrate that debris flows initiated during rainstorms where hillslopes contributed minimally to the event sediment yield and suggest that large inputs of sediment from rill and gully networks are not essential for runoff-generated debris flows. Simulations suggest that both the gradual entrainment of sediment and the mass failure of channel bed sediment can increase sediment concentration to levels associated with debris flows. Finally, postwildfire debris-flow initiation appears closely linked to the same rainfall intensity-duration threshold despite temporal changes in the sediment source, initiation processes, and hydraulic roughness.U.S. Geological Survey (USGS) Landslide Hazards ProgramPublic domain articleThis item from the UA Faculty Publications collection is made available by the University of Arizona with support from the University of Arizona Libraries. If you have questions, please contact us at [email protected]

Robotic Refueling Mission-3 An Overview

Robotic Refueling Mission-3 (RRM3) is an external payload on the International Space Station (ISS) to demonstrate the techniques for storing and transferring a cryogenic fuel on orbit. RRM3 was designed and built at the National Aeronautics and Space Administration/Goddard Space Flight Center (NASA/GSFC). Initial testing was performed at GSFC using liquid nitrogen and liquid argon. Final testing and flight fill of methane was performed at the NASA Kennedy Space Center (KSC) to take advantage of KSC's facilities and expertise for handling a combustible cryogen

Where do firms manage earnings?

Despite decades of research on how, why, and when companies manage earnings, there is a paucity of evidence about the geographic location of earnings management within multinational firms. In this study, we examine where companies manage earnings using a sample of 2,067 U.S. multinational firms from 1994 to 2009. We predict and find that firms with extensive foreign operations in weak rule of law countries have more foreign earnings management than companies with subsidiaries in locations where the rule of law is strong. We also find some evidence that profitable firms with extensive tax haven subsidiaries manage earnings more than other firms and that the earnings management is concentrated in foreign income. Apart from these results, we find that most earnings management takes place in domestic income, not foreign income.Arthur Andersen (Firm) (Arthur Andersen Faculty Fund