Influence of Leasing Company Image on the Leasing Package Sales

The goal of the paper is to analyze the influence of leasing company image on the volume of sales of leasing service. The paper points to the significance of a company image in modern business, where image gains an extreme significance in buyer’s final decision-making on accepting leasing services. In general, leasing services have characteristics similar to other kinds of services. They are distinguished by providing a solution for financing problems when acquiring fixed assets. In the stage of shortage of ready monetary resources, companies can acquire the needed asset without major engagement of working capital. A sale of leasing service is typically made through an indirect sales channel. Buyers decide for one or another leasing type. The goal of the paper is to answer the question as to what extent the image of a company that offers leasing services influences sales of these services in using indirect or direct sales channel. The study used primary research in leasing service users. A scientific analysis will establish which factors influence the growth of leasing service image and to what degree they do so.Leasing service, image, image factors, image management, leasing service sale

Rising health spending, new medical technology and the Baumol effect

This paper estimates the Baumol effect in health spending, using a panel data set of OECD countries. Health expenditure as a share of GDP rises in most OECD countries. One of the possible causes is the so-called Baumol effect, which may arise if labour productivity in health care grows more slowly than in the overall economy. If in addition demand for health care is inelastic, then the share of health spending in GDP will rise over time. We do indeed find that one percentage growth in economy-wide labour productivity is associated with about 0.5 percent growth in real health spending. This implies that economy-wide productivity growth leads to higher real health spending.

THE COMPETITIVENESS OF TOURISM AND RURAL TOURISM OFFER IN BOSNIA AND HERZEGOVINA THROUGH APPLICATION OF THE MARKETING APPROACH

This paper considers the essence, significance and necessity of application of the marketing approach, i.e. planning, organizing and control of marketing activities in tourist and rural tourist policy, intending to add to competitiveness of the tourism offer in Bosnia and Herzegovina. The paper elaborates theoretic and substantial aspects of marketing element in tourism and rural tourism, with a special view on importance and contribution of marketing approach in competitiveness of tourism and rural tourism offer in Bosnia and Herzegovina. The marketing approach in tourism and rural tourism, presented in this work, may serve as a basis for creating policy and developing marketing approach in B&H tourism and rural tourism.marketing, tourism, rural tourism, conceptual model of tourism development, Bosnia, Herzegovina, Agribusiness, Community/Rural/Urban Development,

Impact of technological synchronicity on prospects for CETI

For over 50 years, astronomers have searched the skies for evidence of electromagnetic signals from extraterrestrial civilizations that have reached or surpassed our level of technological development. Although often overlooked or given as granted, the parallel use of an equivalent communication technology is a necessary prerequisite for establishing contact in both leakage and deliberate messaging strategies. Civilization advancements, especially accelerating change and exponential growth, lessen the perspective for a simultaneous technological status of civilizations thus putting hard constraints on the likelihood of a dialogue. In this paper we consider the mathematical probability of technological synchronicity of our own and a number of other hypothetical extraterrestrial civilizations and explore the most likely scenarios for their concurrency. If SETI projects rely on a fortuitous detection of leaked interstellar signals (so called "eavesdropping") then without any prior assumptions N \geq 138-4991 Earth-like civilizations have to exist at this moment in the Galaxy for the technological usage synchronicity probability p \geq 0.95 in the next 20 years. We also show that since the emergence of complex life, coherent with the hypothesis of the Galactic habitable zone, N \geq 1497 extraterrestrial civilizations had to be created in the Galaxy in order to achieve the same estimated probability in the technological possession synchronicity which corresponds to the deliberate signaling scenario.Comment: 15 pages, 7 figures, 1 table, accepted for publication in the International Journal of Astrobiolog

The Crime Reducing Effect of Education

In this paper, we present evidence on empirical connections between crime and education, using various data sources from Britain. A robust finding is that criminal activity is negatively associated with higher levels of education. However, it is essential to ensure that the direction of causation flows from education to crime. Therefore, we identify the effect of education on participation in criminal activity using changes in compulsory school leaving age laws over time to account for the endogeneity of education. In this causal approach, for property crimes, the negative crime-education relationship remains strong and significant. The implications of these findings are unambiguous and clear. They show that improving education can yield significant social benefits and can be a key policy tool in the drive to reduce crime.Crime, education, offenders

The effects of competition on the quality of primary schools in the Netherlands

Do schools facing more competition in their neighbourhood perform better than schools facing less competition? As a measure of school quality, we look at the performance of pupils at the nationwide standard test (the so-called Cito test) in the final year of primary education. Since competition is likely to be endogenous to the quality of schools, we use the distance between the school and the town centre as an instrument for the level of competition faced by a school. The intuition is that schools located close to the town centre, which are easily accessible to a large number of parents, face more competition than schools located further away from the town centre. Using a large range of data on pupil, school and market characteristics, we find that school competition has a small positive significant effect on pupil achievement. An increase in competition by one standard deviation (comparable to 5 additional schools in the market) increases pupil achievement at the Cito test by five to ten percent of the mean standard deviation, so about less than one point. This result is robust to a large range of specifications.

Software caching techniques and hardware optimizations for on-chip local memories

Despite the fact that the most viable L1 memories in processors are caches, on-chip local memories have been a great topic of consideration lately. Local memories are an interesting design option due to their many benefits: less area occupancy, reduced energy consumption and fast and constant access time. These benefits are especially interesting for the design of modern multicore processors since power and latency are important assets in computer architecture today. Also, local memories do not generate coherency traffic which is important for the scalability of the multicore systems. Unfortunately, local memories have not been well accepted in modern processors yet, mainly due to their poor programmability. Systems with on-chip local memories do not have hardware support for transparent data transfers between local and global memories, and thus ease of programming is one of the main impediments for the broad acceptance of those systems. This thesis addresses software and hardware optimizations regarding the programmability, and the usage of the on-chip local memories in the context of both single-core and multicore systems. Software optimizations are related to the software caching techniques. Software cache is a robust approach to provide the user with a transparent view of the memory architecture; but this software approach can suffer from poor performance. In this thesis, we start optimizing traditional software cache by proposing a hierarchical, hybrid software-cache architecture. Afterwards, we develop few optimizations in order to speedup our hybrid software cache as much as possible. As the result of the software optimizations we obtain that our hybrid software cache performs from 4 to 10 times faster than traditional software cache on a set of NAS parallel benchmarks. We do not stop with software caching. We cover some other aspects of the architectures with on-chip local memories, such as the quality of the generated code and its correspondence with the quality of the buffer management in local memories, in order to improve performance of these architectures. Therefore, we run our research till we reach the limit in software and start proposing optimizations on the hardware level. Two hardware proposals are presented in this thesis. One is about relaxing alignment constraints imposed in the architectures with on-chip local memories and the other proposal is about accelerating the management of local memories by providing hardware support for the majority of actions performed in our software cache.Malgrat les memòries cau encara son el component basic pel disseny del subsistema de memòria, les memòries locals han esdevingut una alternativa degut a les seves característiques pel que fa a l’ocupació d’àrea, el seu consum energètic i el seu rendiment amb un temps d’accés ràpid i constant. Aquestes característiques son d’especial interès quan les properes arquitectures multi-nucli estan limitades pel consum de potencia i la latència del subsistema de memòria.Les memòries locals pateixen de limitacions respecte la complexitat en la seva programació, fet que dificulta la seva introducció en arquitectures multi-nucli, tot i els avantatges esmentats anteriorment. Aquesta tesi presenta un seguit de solucions basades en programari i maquinari específicament dissenyat per resoldre aquestes limitacions.Les optimitzacions del programari estan basades amb tècniques d'emmagatzematge de memòria cau suportades per llibreries especifiques. La memòria cau per programari és un sòlid mètode per proporcionar a l'usuari una visió transparent de l'arquitectura, però aquest enfocament pot patir d'un rendiment deficient. En aquesta tesi, es proposa una estructura jeràrquica i híbrida. Posteriorment, desenvolupem optimitzacions per tal d'accelerar l’execució del programari que suporta el disseny de la memòria cau. Com a resultat de les optimitzacions realitzades, obtenim que el nostre disseny híbrid es comporta de 4 a 10 vegades més ràpid que una implementació tradicional de memòria cau sobre un conjunt d’aplicacions de referencia, com son els “NAS parallel benchmarks”.El treball de tesi inclou altres aspectes de les arquitectures amb memòries locals, com ara la qualitat del codi generat i la seva correspondència amb la qualitat de la gestió de memòria intermèdia en les memòries locals, per tal de millorar el rendiment d'aquestes arquitectures. La tesi desenvolupa propostes basades estrictament en el disseny de nou maquinari per tal de millorar el rendiment de les memòries locals quan ja no es possible realitzar mes optimitzacions en el programari. En particular, la tesi presenta dues propostes de maquinari: una relaxa les restriccions imposades per les memòries locals respecte l’alineament de dades, l’altra introdueix maquinari específic per accelerar les operacions mes usuals sobre les memòries locals

Econometric studies to the economic and social factors of crime

Koopman, S.J. [Promotor]Berg, G.J. van den [Promotor

Why are criminals less educated than non-criminals? Evidence from a cohort of young Australian twins

This paper investigates the question whether crime reduces investment in human capital or whether education reduces criminal activity by using fixed effect estimation on data of Australian twins. The study takes genetic and socio-economic factors shared by the twins into account.�We find that early arrests (before the age of 18) have a strong effect on human capital accumulation. In addition, we find that education decreases crime. However, controlling for early arrests and early behaviour problems reduces the estimated effect of human capital on crime to less than on third of the previously estimated association. From this, we conclude that the strong association between human capital and crime is mainly driven by the effect of early criminal behaviour on educational attainment. The strong detrimental effects of early criminal behaviour become also transparent if we consider the estimated effects of early arrests on three measures of crime. We also find large effects of early criminal behaviour on participation in crime later on. This suggests that programs that succeed in preventing early criminal behaviour might yield high social and private returns.

The effect of childhood conduct disorder on human capital

This paper estimates the longer-term effects of childhood conduct disorder on human capital accumulation and violent and criminal behaviour later in life using data of Australian twins. We measure conduct disorder with a rich set of indicators based on diagnostic criteria from psychiatry (e.g., aggression to people and animals, destruction of property, deceitfulness or theft, and/or serious violations of rules). Using ordinary least squares (OLS) and twin fixed effects (FE) estimation approaches, we find that early (pre-18) conduct disorder problems significantly affect both human capital accumulation and violent and criminal behaviour over the life course. For instance, within pairs of identical twins we find that conduct disorder reduces the probability of high school graduation with 4 to 13 percent points and increases the probability of being arrested with 7 to 16 percent points. Robustness checks suggest that these estimates may be lower bounds of the true effects of conduct disorder. In addition, we find that conduct disorder is more deleterious if these behaviours occur earlier in life. We conclude that childhood mental health problems have high human and financial costs for families and society at large. Effective treatments early in life might yield high returns.