4,813 research outputs found

    What are the Key Factors in Managing Diversity and Inclusion Successfully in Large International Organizations?

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    Question: What are the key factors in managing diversity and inclusion successfully in large international organizations? Which companies are best in class and what does that entail

    Forecasts of relative performance in tournaments: evidence from the field

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    This paper uses a field experiment to investigate the quality of individuals' forecasts of relative performance in tournaments. We ask players in luck-based (poker) and skill-based (chess) tournaments to make point forecasts of rank. The main finding of the paper is that players' forecasts in both types of tournaments are biased towards overestimation of relative performance. However, the size of the biases found is not as large as the ones often reported in the psychology literature. We also find support for the "unskilled and unaware hypothesis" in chess: high skilled chess players make better forecasts than low skilled chess players. Finally, we find that chess players' forecasts of relative performance are not efficient.Tournaments; Rationality; Field Experiment

    Experimental Verification of Indirect Evaporative Cooling-Assisted Internally Cooled Liquid Desiccant Dehumidifier

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    The main objective of this paper is to estimate the system performance of an evaporative cooling assisted outdoor air system for air conditioning a data center. To evaluate the computer room air conditioning (CRAC) system used evaporative cooling technology, a mock-up for evaporative cooling assisted outdoor air system was designed. The feasibility of the evaporative cooling assisted outdoor air system is analysed by experimental test for a modular data center in Anseong, Korea. A mock-up system is designed by 43,000 m3/h of design fan flow, 160kW of the cooling capacity for air conditioning a data center. A design condition for the indirect evaporative cooler was set in 50% of sensible heat exchange efficiency and 65% of indirect evaporative cooling efficiency, respectively. A server rack simulator was installed to adjust the 160kW of sensible heat emission of modular data center. The experiment results show that the 59% of a sensible heat exchange efficiency and 78% of indirect evaporative cooling efficiency under experimental conditions

    Forecasts of relative performance in tournaments: Evidence from the field

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    This paper uses a field experiment to investigate the quality of individuals’ forecasts of relative performance in tournaments. We ask players in luck-based (poker) and skill-based (chess) tournaments to make point forecasts of rank. The main finding of the paper is that players’ forecasts in both types of tournaments are biased towards overestimation of relative performance. However, the size of the biases found is not as large as the ones often reported in the psychology literature. We also find support for the “unskilled and unaware hypothesis” in chess: high skilled chess players make better forecasts than low skilled chess players. Finally, we find that chess players’ forecasts of relative performance are not efficient

    East Asian Financial and Monetary Cooperation and Its Prospect : Beyond the CMI

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    This paper examines the ASEAN+3 cooperation of regional financial safety nets, and reviews the regional monetary issues of a single currency and currency competition in East Asia. We point out potential systemic risks in East Asia and the importance of regional surveillance. ASEAN+3 regional surveillance should move forward to the stronger measures of peer review and peer pressure, and make the AMRO a well-resourced professional surveillance secretariat to create capacity to apply independent conditionality. To this effective surveillance mechanism, we propose to establish the Board of Coordination to support the ASEAN+3 ERPD by confirming its decision or remitting the relevant case to the ASEAN+3 ERPD and providing possible legal consultation. The institution building of the CMIM secretariat will accelerate the establishment of a regional monetary institution, e.g. an Asian Monetary Fund. The current crisis provides sufficient incentives for East Asian economies to pursue internationalization of their currencies, and it would open the possibility towards a single currency in East Asia.Regional financial safety nets, surveillance mechanism, CMIM, ABMI

    The role of seaports in regional employment: evidence from South Korea

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    <p>The role of seaports in regional employment: evidence from South Korea. <i>Regional Studies</i>. This study examines the seaport’s influence on regional employment in all 16 regions of Korea, including seven metropolitan areas, based on panel data between 2002 and 2013. It expands an economic model of regional unemployment from labour economics and an autoregressive model from econometrics by employing port potentials separately estimated in a Tobit model. The result indicates that port activities significantly reduce regional unemployment rates relative to the national level. The role of population, gross domestic product (GDP) and household income on unemployment rate was highlighted, whilst various determinants of port potentials were investigated about whether they stimulate port potentials.</p

    NFKB1 Gene Promoter Polymorphism and Unidirectional Laminar Shear Stress: Implications for NF-kB Activation, eNOS Protein Expression and Endothelial Function

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    Exercise stimulus can be defined as endothelial wall shear stress. In the endothelial cells, the nuclear factor-kappa B (NF-&amp;#954;B) is an important intracellular signaling molecule by which changes in wall shear stress, sensed by mechanosensors, are transduced into the nucleus to initiate downstream eNOS gene expression. Recently, a polymorphism in the promoter region of the gene encoding a p50/p105 NF-&amp;#954;B subunit, NFKB1, has been identified. The NFKB1 ATTG insertion (I) / deletion (D) (NFKB1 I/D) promoter polymorphism transcriptionally regulates NFKB1 gene expression. However, the functional significance of this polymorphism has not been elucidated in endothelial cells under LSS and in endothelial function in humans. Therefore, the purpose of this study was to investigate whether the NFKB1 I/D promoter polymorphism had functional genetic properties in human umbilical vein endothelial cells (HUVECs) under physiological levels of unidirectional laminar shear stress (LSS), and further, whether the polymorphism was associated with changes in endothelial function after endurance exercise training in pre- and stage I hypertensive individuals. The major findings of the present study were that 1) a protein present in HUVECs preferentially and specifically binds to the I allele promoter compare to the D allele; 2) the I allele had significantly higher promoter activity than the D allele; and accordingly, the II homozygote cells had higher p50/p105 NFKB1 protein levels than the DD homozygote cells; 3) the II homozygote cells showed a greater increase in eNOS protein levels than the DD homozygote cells under unidirectional LSS; and 4) the I-allele carrier group had a greater reactive hyperemic forearm blood flow response, a measure of endothelial function, before exercise training; however, the NFKB1 I/D polymorphism was not significantly associated with the differential changes in endothelial function following exercise training. These results have potential clinical implications for endothelial dysfunction that are related to the development and progression of atherosclerosis and cardiovascular disease. In addition, our findings provide insight into the molecular mechanisms involved in the intracellular signaling transduction process of eNOS gene expression and function of the NFKB1 gene promoter region

    Korea's role in Asian integration

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