20,626 research outputs found

    Restraining mechanism

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    A restraining mechanism restraining a pressurized garment so as to limit its ballooning effect is described. A helically wound spring is bonded at its outer periphery to an elongated flat plate which permits the flat plate to bend in a single direction. The flat plate is attached to an inflatable glove to the palm side for restraining the glove from ballooning when inflated

    Can Stimulus-Response Learning Theory Explain Abnormal Fixations?

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    Profitability and Pricing in Treasury Bill Auctions: Evidence from Pakistan

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    Behaviour in the first three years of auctions for Pakistani treasury bills is studied. Bidding strategies rapidly converged to a consistent pattern after the auctions started in 1991. Factors that influenced the expected profitability of auction participation are identified. Auction participation was on average low and did not differ between types of bidders. Prices bids are found to reflect both ‘buy and sell’ and ‘buy and hold’ strategies, and were affected by risk considerations and bidder-specific variables. The Pakistani experience suggests the robustness of auctions as a market-based allocation mechanism, and their value in public debt management.
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