57 research outputs found

    Alemannische Wikipedia - eine Online-Enzyklopädie in alemannischen Dialekten

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    Die Alemannische Wikipedia ist derzeit der vermutlich umfangreichste Textkorpus in Alemannisch. Die Internet-Enzyklopädie ist in textlicher Nachahmung der dialektalen Aussprache verfasst. Sie bietet so für SprachwissenschaftlerInnen die Möglichkeit vielfältiger, analytischer Fragestellungen

    Where to Look for the Morals in Markets?

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    Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase competitiveness. While markets have been considered as detrimental for moral behavior, it has turned out a challenging task to identify where moral behavior is reflected in a market. Recent work has suggested that falling prices in markets with externalities are an indicator of declining morals. Here we examine the relation between trading volume, prices and moral behavior by presenting an experimental study where we let buyers and sellers interact on a double auction market. In one set of treatments, concluding a trade has no externality; in the other set, there is a negative externality by voiding donations for a potentially life-saving measles vaccine to UNICEF. We find that moral behavior reveals itself in lower trading volume in markets with an externality, but that market prices are hardly different between markets with or without an externality. We also vary the number of buyers and sellers and show that prices depend mainly on the relative number of buyers and sellers, but not on the existence of an externality. Hence, the market forces of supply and demand work equally well in determining prices whether or not trading has an externality

    Where to Look for the Morals in Markets?

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    Markets are ubiquitous in our daily life and, despite many imperfections, they are a great source of human welfare. Nevertheless, there is a heated recent debate on whether markets erode social responsibility and moral behavior. In fact, competitive pressure on markets may create strong incentives for unethical practices (like using child labor) to increase competitiveness. While markets have been considered as detrimental for moral behavior, it has turned out a challenging task to identify where moral behavior is reflected in a market. Recent work has suggested that falling prices in markets with externalities are an indicator of declining morals. Here we examine the relation between trading volume, prices and moral behavior by presenting an experimental study where we let buyers and sellers interact on a double auction market. In one set of treatments, concluding a trade has no externality; in the other set, there is a negative externality by voiding donations for a potentially life-saving measles vaccine to UNICEF. We find that moral behavior reveals itself in lower trading volume in markets with an externality, but that market prices are hardly different between markets with or without an externality. We also vary the number of buyers and sellers and show that prices depend mainly on the relative number of buyers and sellers, but not on the existence of an externality. Hence, the market forces of supply and demand work equally well in determining prices whether or not trading has an externality

    The economic consequences of a Tobin tax: An experimental analysis

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    The effects of a Tobin tax on foreign exchange markets have long been disputed. We present an experiment with currency trading on two markets, where either none, one, or both markets are taxed. Our results confirm the hitherto undisputed issues: a tax reduces trading volume, shifts market share to untaxed markets, and leads to negligible tax revenues if tax havens exist. Concerning the controversial issues we find that (i) volatility effects depend on the existence of tax havens and on market size, (ii) market efficiency remains unaffected by the tax, (iii) short-term speculation is reduced, and (iv) the tax has persistent effects even after its abolishment

    A comprehensive environmental assessment of petrochemical solvent production

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    Background, aim, and scope: Organic solvents are used in large quantities in the chemical, metal and electronics industries as well as in many consumer products, such as coatings or paints, and are therefore among the most important chemicals. The petrochemical production of organic solvents is a relevant environmental issue because fossil resources are needed (crude oil and natural gas), synthesis processes are energy-intensive and cause considerable amounts of emissions. So far, comprehensive data on the environmental impact are rather scarce. The aim of this paper is to therefore present a systematical environmental assessment of the main petrochemical solvent production routes using the Life Cycle Assessment (LCA) method. Methods: Fifty organic solvents were selected covering the most important representatives from the various chemical groups (e.g., alcohols, esters, ketones). To conduct the LCA, 40 new Life Cycle Inventories (LCI) were established and existing LCI were improved. The petrochemical solvent production was structured into four production routes. In these production routes, the single chemical unit processes (e.g. esterification, carbonylation or hydrogenation) were analyzed in order to determine characteristic environmental impacts. Results and discussion: The four solvent production routes including the unit processes and intermediates are presented. Additionally, energy profiles of these production routes are shown using the Cumulative Primary Energy Demand (CED) as an indicator for the environmental impact. The results were cross-checked with the Global Warming Potential and the Eco-indicator 99 method and good correlations were found. Processes that show high environmental impacts are the dehydration of butylene glycol to tetrahydrofuran, the carbonylation of methanol to methyl formate, the hydrogenation of acetone to methyl isobutyl ketone, and the Reppe synthesis of formaldehyd/acetylene to butylene glycol. Based on the energy profiles, ranges of environmental impacts are determined for all unit processes. On the one hand, esterification and alkylation processes cause high CED values because complex ancillaries are needed and hydroformylation and carbonylation processes are energy-intensive. On the other hand, in hydration, hydrogenation, hydrolysis, and oxidation processes, ancillaries with low CED are added to the chemical structure that result in low CED ranges for these unit processes. Dehydrogenation and molecular sieve separation processes seem to be energy efficient and no ancillaries are required. Therefore, these unit processes cause the lowest CED values. Perspectives: Subject of further research in this field should be the environmental analysis of further process steps that include the presented unit processes and a subsequent statistical analysis in order to derive reliable data ranges for all unit processes. Such statistically robust ranges could be used in the approximation of missing life-cycle inventory data of other chemical products and intermediate

    MR angiography with parallel acquisition for assessment of the visceral arteries: comparison with conventional MR angiography and 64-detector-row computed tomography

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    The purpose of the study was to retrospectively compare three-dimensional gadolinium-enhanced magnetic resonance angiography (conventional MRA) with MRA accelerated by a parallel acquisition technique (fast MRA) for the assessment of visceral arteries, using 64-detector-row computed tomography angiography (MDCTA) as the reference standard. Eighteen patients underwent fast MRA (imaging time 17s), conventional MRA (29s) and MDCTA of the abdomen and pelvis. Two independent readers assessed subjective image quality and the presence of arterial stenosis. Data were analysed on per-patient and per-segment bases. Fast MRA yielded better subjective image quality in all segments compared with conventional MRA (P = 0.012 for reader 1, P = 0.055 for reader 2) because of fewer motion-induced artefacts. Sensitivity and specificity of fast MRA for the detection of arterial stenosis were 100% for both readers. Sensitivity of conventional MRA was 89% for both readers, and specificity was 100% (reader 1) and 99% (reader 2). Differences in sensitivity between the two types of MRA were not significant for either reader. Interobserver agreement for the detection of arterial stenosis was excellent for fast (κ = 1.00) and good for conventional MRA (κ = 0.76). Thus, subjective image quality of visceral arteries remains good on fast MRA compared with conventional MRA, and the two techniques do not differ substantially in the grading of arterial stenosis, despite the markedly reduced acquisition time of fast MR

    Bubbles and Information: An Experiment

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    Market Design and Moral Behavior

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    Measuring Trust: Experiments and Surveys in Contrast and Combination

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    Trust is a concept that has attracted significant attention in economic theory and research within the last two decades: it has been applied in a number of contexts and has been investigated both as an explanatory and as a dependent variable. In this paper, we explore the questions of what exactly is measured by the diverse survey-derived scales and experiments claiming to measure trust, and how these different measures are related. Using nationally representative data, we test a commonly used experimental measure of trust for robustness to a number of interferences, finding it to be mostly unsusceptible to stake size, the extent of strategy space, the use of the strategy method, and the characteristics of the experimenters. Inspired by criticism of the widespread trust question used in many surveys, we created a new, improved survey trust scale consisting of three short statements. We show that the dimension of this scale is distinct from trust in institutions and trust in known others. Our new scale is a valid and reliable measure of trust in strangers. The scale is valid in the sense that it correlates with trusting behaviour in the experiment. Both survey and experimental measure correlate with related factors such as risk aversion, being an entrepreneur or a shareholder. Furthermore, we demonstrate that the survey measure's test-retest reliability (six weeks) is high. The experimental measure of trust is, on the other hand, not significantly correlated with trust in institutions nor with trust in known others. We conclude that the experimental measure of trust refers not to trust in a general sense, but specifically to trust in strangers
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