9,718 research outputs found
Gas ion laser construction for electrically isolating the pressure gauge thereof
The valve and the pressure gauge of a gas ion laser were electrically insulated from the laser discharge path by connecting them in series with the cathode of the laser. The laser cathode can be grounded and preferably is a cold cathode although a hot cathode may be used instead. The cold cathode was provided with a central aperture to which was connected both the pressure gauge and the gas pressure reservoir through the valve. This will effectively prevent electric discharges from passing either to the pressure gauge or the valve which would otherwise destroy the pressure gauge
Designing incentives in local public utilities, an international comparison of the drinking water sector.
Cross-country comparisons avoid the unsteady equilibrium in which regulators have to balance between economies of scale and a sufficient number of remaining comparable utilities. By the use of Data Envelopment Analysis (DEA), we compare the efficiency of the drinking water sector in the Netherlands, England and Wales, Australia, Portugal and Belgium. After introducing a procedure to measure the homogeneity of an industry, robust order-m partial frontiers are used to detect outlying observations. By applying bootstrapping algorithms, bias-corrected first and second stage results are estimated. Our results suggest that incentive regulation in the sense of regulatory and benchmark incentive schemes have a significant positive effect on efficiency. By suitably adapting the conditional efficiency measures to the bias corrected estimates, we incorporate environmental variables directly into the efficiency estimates. We firstly equalize the social, physical and institutional environment, and secondly, deduce the effect of incentive schemes on utilities as they would work under similar conditions. The analysis demonstrates that in absence of clear and structural incentives the average efficiency of the utilities falls in comparison with utilities which are encouraged by incentives.Business; Economics; Efficiency; Management; Research; Research in economics; University; University-research; Incentives; Utilities; International; Sector;
Big and beautiful? On non-parametrically measuring scale economies in non-convex technologies.
Knowledge on the scale economies drives the incentives of regulators, governments and individual utilities to scale-up or scale-down the scale of operations. This paper considers the returns to scale (RTS) in non-convex frontier models. In particular, we evaluate RTS assumptions in a Free Disposal Hull model, which accounts for uncertainty and heterogeneity in the sample. Additionally, we provide a three-step framework to empirically analyze the existence and extent of RTS in real world applications. In a .rst step, the presence of scale (and scope) economies is veri.ed. Secondly, RTS for individual observations are examined while in a third step we derive the optimal scale for a sector as a whole. The framework is applied to the Portuguese drinking water sector where we .nd the optimal scale to be situated around 7 to 10 million m3.
An Empirical Assessment of Alternative Models of Risky Decision Making
In this paper, we assess the degree to which four of the most commonly used models of risky decision making can explain the choices individuals make when faced with risky prospects. To make this assessment, we use experimental evidence for two random samples of young adults. Using a robust, nonlinear least squares procedure, we estimate a model that is general enough to approximate Kahnenman and Tversky's prospect theory and that for certain parametric values will yield the expected utility model, a subjective expected utility model and a probability-transform model. We find that the four models considered explain the decision-making behavior of the majority of our subjects. Surprisingly, we find that the choice behavior of the largest number of subjects is consistent with a probability-transform model. Such models have only been developed recently and have not been used in applied settings. We find least support for the expected utility model -- the most widely used model of risky decision making.
Characterization of heat transfer in nutrient materials, part 2
A thermal model is analyzed that takes into account phase changes in the nutrient material. The behavior of fluids in low gravity environments is discussed along with low gravity heat transfer. Thermal contact resistance in the Skylab food heater is analyzed. The original model is modified to include: equivalent conductance due to radiation, radial equivalent conductance, wall equivalent conductance, and equivalent heat capacity. A constant wall-temperature model is presented
Can PROMOD prevent the escalation of commitment?: the effect of a group facilitation technique on an investment decision
"In the present study, the escalation of commitment was examined, i.e. the tendency to invest too much in projects, when to decide at a second time about a further investment in the same project. Many such investment decisions are actually made in groups. Thus, the group processes can be responsible for the escalation of commitment, because social influences often are more relevant for group decisions than informational aspects, which impedes rational decision making. A method to improve group decisions and performance is the group facilitation technique PROMOD. The experimental results support the presumption that PROMOD can also prevent the escalation of commitment by eliminating social influences within the group." (author's abstract
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