2,718 research outputs found

    Workplace Safety: Estimating Workers' Marginal Willingness to Pay

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    The aim of the present paper is to empirically estimate the monetary value workers place on safer working conditions. The marginal willingness to pay for workplace safety is estimated using data on job durations together with data on accident risks and wages. The results indicate that individuals value safety to 0.65-4.1 percent of annual wages. Male workers in service occupations are found to have the highest marginal willingness to pay. Female blue-collar workers are found to value workplace safety higher than male blue-collar workers.Search; Accelerated duration; Wage differentials; Sweden

    A Near-Optimal Mechanism for Impartial Selection

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    We examine strategy-proof elections to select a winner amongst a set of agents, each of whom cares only about winning. This impartial selection problem was introduced independently by Holzman and Moulin and Alon et al. Fisher and Klimm showed that the permutation mechanism is impartial and 1/21/2-optimal, that is, it selects an agent who gains, in expectation, at least half the number of votes of most popular agent. Furthermore, they showed the mechanism is 7/127/12-optimal if agents cannot abstain in the election. We show that a better guarantee is possible, provided the most popular agent receives at least a large enough, but constant, number of votes. Specifically, we prove that, for any ϵ>0\epsilon>0, there is a constant NϵN_{\epsilon} (independent of the number nn of voters) such that, if the maximum number of votes of the most popular agent is at least NϵN_{\epsilon} then the permutation mechanism is (34ϵ)(\frac{3}{4}-\epsilon)-optimal. This result is tight. Furthermore, in our main result, we prove that near-optimal impartial mechanisms exist. In particular, there is an impartial mechanism that is (1ϵ)(1-\epsilon)-optimal, for any ϵ>0\epsilon>0, provided that the maximum number of votes of the most popular agent is at least a constant MϵM_{\epsilon}

    An Innovative Feedback Controls Design Approach for Aero Engines

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    The paper describes a feedback controls design approach for a generic regional jet turbofan engine, which can be adapted to aero engines in general. To demonstrate this approach, linear models for control design are generated at different operating conditions from a full envelope nonlinear simulation created with the NASA Glenn Research Center-developed Toolbox for the Modeling and Analysis of Thermodynamic Systems. The primary objective is to design a single feedback controller that achieves good performance, without the need of developing scheduled control designs to cover the engine operating envelope. An additional objective is to progressively design more robust controllers that can perform under large variations in plant dynamics to also cover control for engine limits and potentially for some off nominal or even damaged conditions
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