4,928 research outputs found

    A NEW ALGORITHM FOR COMPUTING COMPENSATED INCOME FROM ORDINARY DEMAND FUNCTIONS

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    This paper proposes a REversible Second-ORder Taylor (RESORT) expansion of the expenditure function to compute compensated income from ordinary demand functions as an alternative to the algorithm proposed by Vartia. These algorithms provide measures of Hicksian welfare changes and Konus-type cost of living indices. RESORT also validates the results by checking the matrix of compensated price effects. obtained through the Slutsky equation, for symmetry and negative semi-definiteness as required by expenditure minimization. In contrast, Vartia's algorithm provides no validation procedure. RESORT is similar to Vartia's algorithm in using price steps. It computes compensated income at each step "forward" from the initial to the terminal prices, and insures that the compensated income computed "backward" is equal to its value computed in the "forward" procedure. Thus, RESORT is "reversible" and guarantees unique values of compensated income for each set of prices and, as a result, also unique measures of welfare changes and cost of living indices. These unique results are not, however, guaranteed by the usual Taylor series expansion for computing compensated income.Research Methods/ Statistical Methods,

    Playing at Home: An Ecocritical Reading of Nadine Gordimer’s The Pickup

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    In Nadine Gordimer’s The Pickup, Julie Summers finds her sense of place in an unnamed desert country. By following the man she falls in love with back to his homeland, Julie must leave her comfortable cosmopolitan life behind. Although the text superficially presents the reader with this simple love story, the tone of the narration itself undermines Julie’s quest and troubles her easy adoption of a new home. This article draws on South African ecocritical and postcolonial approaches to explore the ways in which Julie’s privilege informs her relationship with her environments. Namely, this article is interested in showing how the text subtly questions whether a return to the land is possible in a context (of legacies of apartheid and realities of globalization) when land is never neutral (if it ever was). By framing her text around questions of citizenship tied to place, Gordimer presents a critique of the restorative power of the pastoral through the slippery character of Julie Summers

    ALTERNATIVE AUCTION INSTITUTIONS FOR ELECTRIC POWER MARKETS

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    Restructuring of electric power markets is proceeding across the United States and in many other nations around the world. The performance of these markets will influence everything from the prices faced by consumers to the reliability of the systems. The challenges of these changes present many important areas for research. For much of the northeastern United States, restructuring proposals include, at least for the short term, the formation of a single-sided auction mechanism for the wholesale market. This research uses experimental methods to analyze how these markets may function. In the experiments, the two basic uniform price auction rules are tested under three different market sizes. Early experimental results suggest the commonly proposed last-accepted-offer auction works well, but market power could be a real concern.Resource /Energy Economics and Policy,

    Engineering calculations for communications satellite systems planning

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    Observed solution times were analyzed for the extended gradient and cyclic coordinate search procedures. The times used in the analysis come from computer runs made during a previously-reported experiment conducted to assess the quality of the solutions to a BSS synthesis problem found by the two search methods. The results of a second experiment with a Fixed Satellite Service (FSS) test problem are also presented. Computational results are summarized for mixed integer programming approaches for solving FSS synthesis problems. A promising heuristic algorithm is described. A synthesis model is discussed for orbital arc allotment optimization. Research plans for the near future are also presented

    Backup flight control system functional evaluator software manual

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    The software for the Backup Flight Control System Functional Evaluator (BFCSFE) on a Data General Corporation Nova 1200 computer consists of three programs: the ground support program, the operational flight program (OFP), and the ground pulse code modulation (PCM) program. The Nova OFP software is structurally as close as possible to the AP101 code; therefore, this document highlights and describes only those areas of the Nova OFP that are significantly different from the AP101. Since the Ground Support Program was developed to meet BFCSFE requirements and differs considerably from the AP101 code, it is described in detail

    Alternative mathematical programming formulations for FSS synthesis

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    A variety of mathematical programming models and two solution strategies are suggested for the problem of allocating orbital positions to (synthesizing) satellites in the Fixed Satellite Service. Mixed integer programming and almost linear programming formulations are presented in detail for each of two objectives: (1) positioning satellites as closely as possible to specified desired locations, and (2) minimizing the total length of the geostationary arc allocated to the satellites whose positions are to be determined. Computational results for mixed integer and almost linear programming models, with the objective of positioning satellites as closely as possible to their desired locations, are reported for three six-administration test problems and a thirteen-administration test problem

    Engineering calculations for communications satellite systems planning

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    An extended gradient search code for broadcasting satellite service (BSS) spectrum/orbit assignment synthesis is discussed. Progress is also reported on both single-entry and full synthesis computational aids for fixed satellite service (FSS) spectrum/orbit assignment purposes

    Broadcasting satellite service synthesis using gradient and cyclic coordinate search procedures

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    Two search techniques are considered for solving satellite synthesis problems. Neither is likely to find a globally optimal solution. In order to determine which method performs better and what factors affect their performance, we design an experiment and solve the same problem under a variety of starting solution configuration-algorithm combinations. Since there is no randomization in the experiment, we present results of practical, rather than statistical, significance. Our implementation of a cyclic coordinate search procedure clearly finds better synthesis solutions than our implementation of a gradient search procedure does with our objective of maximizing the minimum C/I ratio computed at test points on the perimeters of the intended service areas. The length of the available orbital arc and the configuration of the starting solution are shown to affect the quality of the solutions found

    Integrated care and the working record

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    By default, many discussions and specifications of electronic health records or integrated care records often conceptualize the record as a passive information repository. This article presents data from a case study of work in a medical unit in a major metropolitan hospital. It shows how the clinicians tailored, re-presented and augmented clinical information to support their own roles in the delivery of care for individual patients. This is referred to as the working record: a set of complexly interrelated clinician-centred documents that are locally evolved, maintained and used to support delivery of care in conjunction with the more patient-centred chart that will be stored in the medical records department on the patient’s discharge. Implications are drawn for how an integrated care record could support the local tailorability and flexibility that underpin this working record and hence underpin practice

    Measuring Hicksian Welfare Changes From Marshallian Demand Functions

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    A.E. Res. 91-10A problem persists in measuring the welfare effects of simultaneous price and income changes because the Hicksian compensating variation (CV) and equivalent variation (EV), while unique, are based on unobservable (Hicksian) demand functions, and observable (Marshallian) demand functions do not necessarily yield a unique Marshallian consumer's surplus (CS). This paper proposes a solution by a Taylor series expansion of the expenditure function to approximate CV and EV by way of the Slutsky equation to transform Hicksian price effects into Marshallian price and income effects. The procedure is contrasted with McKenzie's money metric (MM) measure derived from a Taylor series expansion of the indirect utility function. MM requires a crucial assumption about the marginal utility of income to monetize changes in utility levels. No such assumption is required by the proposed procedure because the expenditure function is measured in money units. The expenditure approach can be used to approximate EV and CV while the MM is an approximation to EV. The EV and CV approximations are shown to be very accurate in numerical examples of two prices and income changing simultaneously, and are generally more accurate than MM
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