8,686 research outputs found

    Greenhouse: Why a Good Plan Failed

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    [Excerpt] In June 1984, Rhode Island voters went to the polls to decide the fate of an ambitious economic revitalization plan. Two years in the making, the plan was based on the most comprehensive study of a single state\u27s economy ever conducted. It was overseen by a broad-based commission, including AFL-CIO leadership, and was authored by a leading authority on industrial redevelopment, Ira Magaziner, who infused it with a liberal philosophy. Called the Greenhouse Compact, the plan was a tapestry of public policy changes and strategically targeted public investment to create jobs in selected industries, and it included concessions from both business and labor. It was presented to the electorate a half-year before the actual vote. At 800-plus public meetings and in the media, it was heralded as pro-labor, modestly liberal but balanced, appropriately priced and financed, and a can\u27t miss, sure thing to resusitate the state\u27s failing economy. The program was actively promoted by the governor and most of the state\u27s business, civic, political and labor leadership. When the vote came, however, Greenhouse was defeated by a 4-to-l margin

    Coexistence in an inhomogeneous environment

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    We examine the two-dimensional extension of the model of Kessler and Sander of competition between two species identical except for dispersion rates. In this class of models, the spatial inhomogeneity of reproduction rates gives rise to an implicit cost of dispersal, due to the tendency to leave favorable locations. Then, as in the Hamilton-May model with its explicit dispersal cost, the tradeoff between dispersal case and the beneficial role of dispersal in limiting fluctuations, leads to an advantage of one dispersal rate over another, and the eventual extinction of the disadvantaged species. In two dimensions we find that while the competition leads to the elimination of one species at high and low population density, at intermediate densities the two species can coexist essentially indefinitely. This is a new phenomenon not present in either the one-dimensional form of the Kessler-Sander model nor in the totally connected Hamilton-May model, and points to the importance of geometry in the question of dispersal

    Designing Competition Policy for Telecommunications

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    This paper explores the role of the essential facilities doctrine in circumscribing the scope of network sharing obligations in telecommunications. Among other things it argues that a proper application of the doctrine of essential facilities should recognize the prominence of dynamic over static efficiency in promoting consumer welfare. Regulators may be averse to recognizing these tradeoffs because unlike the behavior of prices the welfare losses from foregone innovation may be unobservable to the regulators’ constituency. Moreover, an emphasis on dynamic efficiency requires the short-term regulator to take the “long view” – fostering the competitive process rather than emulating the competitive outcome.

    Two-dimensional numerical simulations of nonlinear acoustic streaming in standing waves

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    Numerical simulations of compressible Navier–Stokes equations in closed two-dimensional channels are performed. A plane standing wave is excited inside the channel and the associated acoustic streaming is investigated for high intensity waves, in the nonlinear streaming regime. Significant distortion of streaming cells is observed, with the centers of streaming cells pushed toward the end-walls. The mean temperature evolution associated with the streaming motion is also investigated
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