Design of Investment Promotion Policies

Over the last 20 years, developing countries have experienced the massive shift of financing and the operation of infrastructure from the public to the private sector. The paper analyzes how the government agency should structure the investment promotion policy. I develop a sequential contracting model between the government, investors and infrastructure providers and derive several properties of the optimal policy. The policy leaves investors uncertain about the project type and prescribes different levels of government support, in the form of tax or price distortions. However, the optimal policy does not change the expectations of investors about distribution of project returns. I characterize how the optimal policy depends on the revenue generation preferences of the government and the profitability of infrastructure projects in the country

Collection of scientific works of marie skłodowska curie’s family and her biographers’ editions in scientific library of Lviv polytechnic

Розглянуто колекцію праць династії Кюрі зі складу фондів Науково-технічної бібліотеки Львівської політехніки та науково-популярних видань, присвячених її життєвому та науковому шляху. Коротко охарактеризовано особливості видань.The paper exhibits collection of works of Curie dynasty that are preserved in Scientific Library of Lviv Polytechnic National University and popular science works about life and research activity of the dynasty. Peculiarities of these editions are briefly characterised

Collection of scientific works of marie skłodowska curie’s family and her biographers’ editions in scientific library of Lviv polytechnic

Розглянуто колекцію праць династії Кюрі зі складу фондів Науково-технічної бібліотеки Львівської політехніки та науково-популярних видань, присвячених її життєвому та науковому шляху. Коротко охарактеризовано особливості видань.The paper exhibits collection of works of Curie dynasty that are preserved in Scientific Library of Lviv Polytechnic National University and popular science works about life and research activity of the dynasty. Peculiarities of these editions are briefly characterised

ETHICAL CHALLENGE AND ENGINEERING EDUCATION IN BIOTECHNOLOGY

В статье рассматриваются возникающие проблемы в области биоэтики в связи с развитием биотехнологий. Профессиональное инженерное образование необходимо в таких областях как биология, фармацевтика, сельское хозяйство. Для формирования профессиональной компетентности будущих биотехнологов необходимо учитывать этическую проблематикуThe article deals with the emerging problems in the field of bioethics in connection with the development of biotechnology. Professional engineering education is necessary in such areas as biology, pharmaceuticals, agriculture. Ethical issues must be taken into account in order to develop the professional competence of future biotechnologist

Emotion Design in the Educational Program “Intelligent Systems in the Humanities”

The article analyses the experience of building a bachelor’s degree program “Intelligent systems in the Humanities” from the point of view of instructional design. When creating educational programs, it is necessary to specifically design points of contact with the educational product and consider a variety of relationships between factors that affect students. The inclusion of such subjects as “Philosophy of invention” and “Cognitive heuristics” in the curriculum helps students to consciously approach their own peculiarities of information perception. The use of module projects and practice oportunities allows students to systematize and apply the knowledge gained

Information Effect of Entry Into Credit Ratings Market: The Case of Insurers\u27 Ratings

The paper analyzes the effect of competition between credit rating agencies (CRAs) on the information content of ratings. We show that a monopolistic CRA pools sellers into multiple rating classes and has partial market coverage. This provides an opportunity for market entry. The entrant designs a rating scale distinct from that of the incumbent. It targets higher-than-average companies in each rating grade of the incumbent\u27s rating scale and employs more stringent rating standards. We use Standard and Poor\u27s (S&P) entry into the market for insurance ratings previously covered by a monopolist, A.M. Best, to empirically test the impact of entry on the information content of ratings. The empirical analysis reveals that S&P required higher standards to assign a rating similar to the one assigned by A.M. Best and that higher-than-average quality insurers in each rating category of A.M. Best chose to receive a second rating from S&P

Emotional Artificial Intelligence: Preservation and Renewal of Humanism

Способность к пониманию и управлению эмоциями означает, что человек может распознавать эмоции, контролировать их интенсивность и внешнее выражение. Концепт «эмоциональный искусственный интеллект» говорит о теоретической способности интеллектуальных агентов к распознаванию эмоций. Вопрос об эмоциональности интеллектуальных агентов может быть поставлен в двух плоскостях: с одной стороны, как вопрос об эмоциональной архитектуре самих агентов, а с другой — как возможность индуцирования эмоций в окружающих людях. В связи с этим неизбежно возникают изменения в оценке гуманистического потенциала интеллектуальных агентов.The ability to understand and manage emotions means that the man can recognize emotions, control their intensity and external expression. The concept of “emotional artificial intelligence” refers to the theoretical ability of intelligent agents to recognize emotions. Question about emotional intelligent agents can be delivered in two planes: on the one hand, the question about the emotional architecture of agents themselves, and, on the other hand, the possibility of inducing emotions in the people around, in this context inevitably changes occur in the assessment of humanistic potential of intelligent agents

An Extreme Case of a Misaligned Highly Flattened Wind in the Wolf-Rayet Binary CX Cephei

CX Cep (WR 151) is the WR+O binary (WN5+O5V) with the second shortest period known in our Galaxy. To examine the circumstellar matter distribution and to better constraint the orbital parameters and mass-loss rate of the WR star, we obtained broadband and multi-band (i.e. UBVRI) linear polarization observations of the system. Our analysis of the phase-locked polarimetric modulation confirms the high orbital inclination of the system (i.e. $i=65^o$). Using the orbital solution of Lewis et al. (1993) we obtain masses of $33.9 M_{\odot}$ and $23.9 M_{\odot}$ for the O and WR stars respectively, which agree with their spectral types. A simple polarimetric model accounting for finite stellar size effects allowed us to derive a mass-loss rate for the WR star of $0.3-0.5\times10^{-5} M_{\odot}/yr$. This result was remarkably independent of the model's input parameters and favors an earlier spectral type for the WR component (i.e. WN4). Finally, using our multi-band observations, we fitted and subtracted from our data the interstellar polarization. The resulting constant intrinsic polarization of $3-4$ is misaligned in relation to the orbital plane (i.e. $\theta_{CIP}=26^o$ vs. $\Omega=75^o$) and is the highest intrinsic polarization ever observed for a WR star. This misalignment points towards a rotational (or magnetic) origin for the asymmetry and contradicts the most recent evolutionary models for massive stars (Meynet & Maeder 2003) which predict spherically symmetric winds during the WR phase (i.e. $CIP=0$).Comment: 26 pages, 4 figures. Astrophysical Journal (submited

Competitiveness of the domestic industrial enterprises

Понятие конкурентоспособность является относительным, а не абсолютным.The concept competitiveness is relative, but not absolute