An Overlapping Generations Model of Electoral Competition

This paper presents a dynamic model of political competition between two "parties" with different policy preferences. A "party" is explicitly modeled as a sequence of overlapping generations of candidates, all of whom face finite decision horizons. In general, there is a conflict between the interests of the individual policymakers and those of the "party" , which includes subsequent generations of candidates. We characterize this conflict and suggest a scheme of "intergenerational transfers" within the party which can resolve or mitigate this conflict. The paper shows how the "overlapping generations" model can be usefully applied to the political arena.

Characterization of potential sources of magnetic anomalies within the crust in a tectonically active region: Amphibolites and migmatites from Potrillo Maar, New Mexico

The purpose was to characterize the oxide mineralogy and petrology of samples collected from Potrillo Maar, New Mexico with the goal of explaining the magnetic anamoly that is observed over this region from remote sensing. Potrillo Maar is a diatreme that has brought rocks from all depths in the crust to the surface almost instantaneously. The samples are therefore thought to be representative of the crust as it exists today below this portion of the Rio Grande Rift. It is generally believed that oxide minerals (magnetite, hematite, etc.) are responsible for the magnetic signature of the crust. The samples from Portillo Maar therefore offer a unique opportunity to examine the magnetic mineralogy of the entire crust. The results indicate that the magnetic anamoly observed over Rio Grande Rift may be consequence of the tectonic activity that caused mylonitization of the rocks and allowed the infiltration of oxidizing fluids

Factor Price Equalization in Heckscher-Ohlin Model

This paper investigates the likelihood of factor-price equalization under the simple assumptions of Heckscher-Ohlin Theory. Factor-price equalization is also directly related to whether countries specialize or not in the global market. A full-equilibrium in the world requires not only the equilibrium in the production side of the economy, but also the supply-demand equality in the world. However, once we obtain an equilibrium in the production side of the economy, it is always possible to define demand in a way to get supply-demand equality at any production side equilibrium amounts. Therefore, it is not possible to talk about factor-price equalization without specifying demand in the economy. Using L-P diagrams, the paper demonstrates how both factor-price equalization and non-equalization cases are possible when we look at only the production side of the economy. It is also demonstrated that the equilibrium possibilities will be much larger for factor-price equalization case if the number of commodities is more than the number of factors of production. However, the larger possibilities do not refer to different real equilibria, but only to indeterminacy in production. When demand is introduced in the economy and supply-demand equality constraints are respected, we see that factor-prices might or might not be equalized depending on factor endowments, production functions and demand. The paper demonstrates this by introducing a model with 2 countries, 2 factors of production, 3 goods and CES utility function. Finally, using comparative statistics on this simple model, the conditions under which the likelihood of factor-price equalization increases are determined.

Emergency Planning

The activities of the Office of Emergency Planning cover virtually every segment of our society, ranging from the federal structure in Washington, D.C. down to the smallest, but perhaps strongest, element of the American matrix-the individual family

Application of control theory to dynamic systems simulation

The application of control theory is applied to dynamic systems simulation. Theory and methodology applicable to controlled ecological life support systems are considered. Spatial effects on system stability, design of control systems with uncertain parameters, and an interactive computing language (PARASOL-II) designed for dynamic system simulation, report quality graphics, data acquisition, and simple real time control are discussed

Study of controlled diffusion stator blading. 1. Aerodynamic and mechanical design report

Pratt & Whitney Aircraft is conducting a test program for NASA in order to demonstrate that a controlled-diffusion stator provides low losses at high loadings and Mach numbers. The technology has shown great promise in wind tunnel tests. Details of the design of the controlled diffusion stator vanes and the multiple-circular-arc rotor blades are presented. The stage, including stator and rotor, was designed to be suitable for the first-stage of an advanced multistage, high-pressure compressor

An approach to the preliminary evaluation of Closed Ecological Life Support System (CELSS) scenarios and control strategies

Life support systems for manned space missions are discussed. A scenario analysis method was proposed for the initial step of comparing possible partial or total recycle scenarios. The method is discussed in detail