Stock Market Expectations of Dutch Households

Despite its importance for the analysis of life-cycle behavior and, in particular, retirement planning, stock ownership by private households is poorly understood. Among other approaches to investigate this puzzle, recent research has started to elicit private households’ expectations of stock market returns. This paper reports findings from a study that collected data over a two-year period both on households’ stock market expectations (subjective probabilities of gains or losses) and on whether they own stocks. We document substantial heterogeneity in financial market expectations. Expectations are correlated with stock ownership. Over the two years of our data, stock market prices increased, and expectations of future stock market price changes also increased, lending support to the view that expectations are influenced by recent stock gains or losses.

Alternating bid bargaining with a smallest money unit

Bargaining

Use of high resolution sonar for near-turbine fish observations (DIDSON) - We@Sea 2007-002

In this study we investigate small scale distribution of pelagic fish within a windfarm by means of a high resolution sonar (DIDSON, Dual frequency IDentification SONar; Soundmetrics). In addition we assess the bias of small scale variations induced by the effects of wind turbines (monopiles) on distribution of the pelagic fish community in the hydro acoustic surveys carried out on the OWEZ Near Shore Wind farm (NSW)

Groups generated by analytic Schrödinger operators

AbstractIf the potential in a two-particle system is the boundary value of an analytic function, the physical Hamiltonian H(0) has an analytic continuation H(φ) which is not normal. In case the potential is local and belongs to suitable Lp-spaces, there is a bounded operator P(0, φ) projecting onto the continuous subspace of H(φ). This paper shows that P(0, φ) H(φ) e−2iφ generates a strongly differentiable group. It is proved that P(0, φ) H(φ) is spectral, and details of the spectral projection operators are presented. The reasoning is based on the Paley-Wiener theorem for functions in a strip. It applies to larger systems provided the resolvent of the multiparticle operator H(φ) satisfies certain regularity conditions that come from the theory of smooth operators. There are no smallness conditions on the potential

Linking Flow Regime, Floodplain Lake Connectivity and Fish Catch in a Large River-Floodplain System, the Volga-Akhtuba Floodplain (Russian Federation)

River-floodplain systems are amongst the most productive—but often severely impacted—aquatic systems worldwide. We explored the ecological response of fish to flow regime in a large river-floodplain system by studying the relationships between (1) discharge and inundated floodplain area, with a focus on spatial and temporal patterns in floodplain lake connectivity, and (2) flood volume and fisheries catch. Our results demonstrate a non-linear relationship between discharge and floodplain inundation with considerable hysteresis due to differences in inundation and drainage rate. Inundation extent was mostly determined by flood volume, not peak discharge. We found that the more isolated lakes (that is, lakes with a shorter connection duration to the river) are located at higher local elevation and at larger hydrological distance from the main rivers: geographical distance to the river appears a poor predictor of lake isolation. Although year-to-year fish catches in the floodplain were significantly larger with larger flood volumes in the floodplain, they were not in the main river, suggesting that mechanisms that increase catch, such as increased floodplain access or increased somatic growth, are stimulated by flooding in the floodplain, but not in the river. Fish species that profit from flooding belong to different feeding guilds, suggesting that all trophic levels may benefit from flooding. We found indications that the ecological functioning of floodplains is not limited to its temporary availability as habitat. Refugia can be present within the floodplain itself, which should be considered in the management of large rivers and their floodplain

What impressions do users have after a ride in an automated shuttle? An interview study

In the future, automated shuttles may provide on-demand transport and serve as feeders to public transport systems. However, automated shuttles will only become widely used if they are accepted by the public. This paper presents results of an interview study with 30 users of an automated shuttle on the EUREF (Europäisches Energieforum) campus in Berlin-Schöneberg to obtain in-depth understanding of the acceptance of automated shuttles as feeders to public transport systems. From the interviews, we identified 340 quotes, which were classified into six categories: (1) expectations about the capabilities of the automated shuttle (10% of quotes), (2) evaluation of the shuttle performance (10%), (3) service quality (34%), (4) risk and benefit perception (15%), (5) travel purpose (25%), and (6) trust (6%). The quotes indicated that respondents had idealized expectations about the technological capabilities of the automated shuttle, which may have been fostered by the media. Respondents were positive about the idea of using automated shuttles as feeders to public transport systems but did not believe that the shuttle will allow them to engage in cognitively demanding activities such as working. Furthermore, 20% of respondents indicated to prefer supervision of shuttles via an external control room or steward on board over unsupervised automation. In conclusion, even though the current automated shuttle did not live up to the respondents’ expectations, respondents still perceived automated shuttles as a viable option for feeders to public transport systems.Green Open Access added to TU Delft Institutional Repository ‘You share, we take care!’ – Taverne project https://www.openaccess.nl/en/you-share-we-take-care Otherwise as indicated in the copyright section: the publisher is the copyright holder of this work and the author uses the Dutch legislation to make this work public.Transport and PlanningHuman-Robot InteractionIntelligent VehiclesTransport and Plannin

Teaching Notes; The Bear Claw Drywall Clips: Taking A New Product To Market

The Bear Claw case study was published in the Journal of Business Case Studies (September/October 2011 issue, Volume 7, Number 5). The case study has been used in marketing and entrepreneurship classes at several universities. Based on feedback from these classes and comments from individual reviewers, these notes were developed to support the teaching of the case. The Bear Claw drywall repair clips provide a unique and effective method for repairing damaged drywall. The product received positive trade and press feedback. However, the Bear Claw has yet to achieve the commercial success expected. After working through the case discussion questions, students should be able to identify missteps made in the past in commercializing the product and suggest potential strategic directions for the future of the Bear Cla