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Articles 1 - 30 of 32255
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Interactive Music Experience, Gaetan Jacques
Interactive Music Experience, Gaetan Jacques
Gaetan Jacques
In February of 2012, alternative rock band OK Go released a music video for their song “Needing/Getting”. The video explores a creative way of playing music, by driving a car through a constructed, choreographed environment. A driving track was set up as a large musical instrument which was “played” by a car. Architects, musicians, and artist are looking for innovative ways to develop active relationships between people, music, and architecture. The traditional passive relationship of these three is static, a design that does not promote interaction or participation. If we consider, behind a performance, there is a great deal of …
Does The Second Amendment Protect Firearms Commerce?, David B. Kopel
Does The Second Amendment Protect Firearms Commerce?, David B. Kopel
David B Kopel
The Second Amendment protects the operation of businesses which provide Second Amendment services, including gun stores. Although lower federal courts have split on the issue, the right of firearms commerce is demonstrated by the original history of the Second Amendment, confirmed by the Supreme Court in District of Columbia v. Heller, and consistent with the Court's precedents on other individual rights.
How Do We Know When Political Societies Change?, Peter Aschenbrenner
How Do We Know When Political Societies Change?, Peter Aschenbrenner
Peter J. Aschenbrenner
Predicates, features, attributes and properties of a system are liable to change. How does the change get marked down? For this purpose what facet of a system should command our attention? Any system worth the name, Our Constitutional Logic argues, is aware of its own standing in civil society. OCL considers the issues raised.
Effect Of External Energy On The Atomic, Crystalline, And Powder Characteristics Of Antimony And Bismuth Powders, Mahendra Kumar Trivedi
Effect Of External Energy On The Atomic, Crystalline, And Powder Characteristics Of Antimony And Bismuth Powders, Mahendra Kumar Trivedi
Mahendra Kumar Trivedi
Next to atoms and molecules the powders are the smallest state of matter available in high purities and large quantities. The effect of any external energy on the shape, morphology and structure can thus be studied with relative ease. The present investigation deals with the effect of a non-contact external energy on the powders of antimony and bismuth. The characteristics of powders treated by external energy are compared with the as received powders (control). The average particle sizes, d50 and d99, the sizes below which 99% of the particles are present showed significant increase and decrease indicating that the energy …
Forbidden Fruits: The Political Economy Of Science, Religion, And Growth, Roland Benabou, Davide Ticchi, Andrea Vindigni
Forbidden Fruits: The Political Economy Of Science, Religion, And Growth, Roland Benabou, Davide Ticchi, Andrea Vindigni
Andrea Vindigni
We study the coevolution of religion, science and politics. We first uncover, in international and U.S. data, a robust negative relationship between religiosity and patents per capita. The model then combines: (i) scientific discoveries that raise productivity but sometimes erode religious beliefs; (ii) a government that allows innovations to diffuse, or blocks them; (iii) religious institutions that can invest in doctrinal reform. Three long-term outcomes emerge. The “Western-European Secularization” regime has declining religiosity, unimpeded science, and high taxes and transfers. The “Theocratic” regime involves knowledge stagnation, unquestioned dogma, and high religious-public-goods spending. The “American” regime combines scientific progress and stable …
A Community Of Practice For Chinese Ngos, Reza Hasmath, Jennifer Yj Hsu
A Community Of Practice For Chinese Ngos, Reza Hasmath, Jennifer Yj Hsu
Reza Hasmath
A community of practice represents an important resource for the sharing of sector-specific knowledge. It is a mechanism for Chinese NGOs to learn from each other, and collaborate. Drawing upon original data elicited from over 100 NGOs, this article examines the organizational capacity for Chinese NGOs to cultivate a mature community of practice. We find that there are inherent headwinds that Chinese NGOs will have to navigate to accomplish this goal. On the one hand, the majority of NGOs in our sample do not see themselves as part of a community of experts, which presents a huge challenge for the …
A Regulatory Arbitrage Game: Off-Balance-Sheet Leverage And Financial Fragility., Dimitris Voliotis
A Regulatory Arbitrage Game: Off-Balance-Sheet Leverage And Financial Fragility., Dimitris Voliotis
Dimitris Voliotis
This study examines a simple banking system in a game-theoretic frameworkwherein banks act as self-interested agents to maximize leverage at the expenseof overall financial stability. The resultant strategic inefficiency raises concernsabout how banks manage the “financial stability” good, which is appropriated intoa “tragedy of the commons”. We conceptualize the inefficiency using the -priceof anarchy- introduced by Koutsoupias and Papadimitriou [2009].We seek the optimal regulatory framework that minimizes the -price of anarchy- or the degree offinancial fragility.
Do New Competitors, New Customers, New Suppliers, ... Sustain, Destroy Or Create Competitive Advantage?, Michael D. Ryall, Glenn Macdonald
Do New Competitors, New Customers, New Suppliers, ... Sustain, Destroy Or Create Competitive Advantage?, Michael D. Ryall, Glenn Macdonald
Michael D Ryall
We examine the effect of entry on the value appropriated by an incumbent. By ``entrant’’ we mean at any level of the value chain — from raw material suppliers to buyers. Our specific concern is whether competition guarantees the incumbent some positive minimum level of profit. We demonstrate that the net effect of entry is subtle — even when the entrant is a perfect imitator. On the one hand, entry typically results in greater value creation. This tends to soften competition and, thereby, lower the incumbent’s minimum level of appropriation. At the same time, however, entry also creates new competitive …
Inventing Around Edison’S Lamp Patent: The Role Of Patents In Stimulating Downstream Development And Competition, Ron D. Katznelson, John Howells
Inventing Around Edison’S Lamp Patent: The Role Of Patents In Stimulating Downstream Development And Competition, Ron D. Katznelson, John Howells
Ron D. Katznelson
We provide the first detailed empirical study of inventing around patent claims. The enforcement of Edison’s incandescent lamp patent in 1891-1894 stimulated a surge of patenting. Most of these later patents disclosed inventions around the Edison patent. Some of these patents introduced important new technology in their own right and became prior art for new fields, indicating that invention around patents contributes to dynamic efficiency. Contrary to widespread contemporary understanding, the Edison lamp patent did not suppress technological advance in electric lighting. The market position of General Electric (“GE”), the Edison patent-owner, weakened through the period of this patent’s enforcement.
Government Induced Bubbles, Danilo Lopomo Beteto Wegner
Government Induced Bubbles, Danilo Lopomo Beteto Wegner
Danilo Lopomo Beteto Wegner
A model to study how the possibility of government intervention during market crashes impacts the investment decision of agents is developed. With crashes representing bubble burst episodes and a government policy rule based on their magnitude, it is shown that the possibility of intervention creates incentives for investors to inflate bubbles, as large bubbles (i) maximize capital gains if they do not burst and (ii) make intervention more likely, thus minimizing losses. Bubbles should be larger the less fragile the economy, the less costly the intervention and the more liquid the asset. Intervention increases welfare in extremely fragile economies.
International Reserves And Rollover Risk, Javier Bianchi, Juan Carlos Hatchondo, Leonardo Martinez
International Reserves And Rollover Risk, Javier Bianchi, Juan Carlos Hatchondo, Leonardo Martinez
Leonardo Martinez
No abstract provided.
A Political Theory Of Kulturkampf: Evidence From Imperial Prussia & Republican Turkey, Ioannis N. Grigoriadis, Theocharis Grigoriadis
A Political Theory Of Kulturkampf: Evidence From Imperial Prussia & Republican Turkey, Ioannis N. Grigoriadis, Theocharis Grigoriadis
Theocharis Grigoriadis
No abstract provided.
Why The World Needs A Reserve Asset With A Hard Anchor, Warren Coats, Dongsheng Di, Yuxuan Zhao
Why The World Needs A Reserve Asset With A Hard Anchor, Warren Coats, Dongsheng Di, Yuxuan Zhao
Warren Coats
From the 1970s, the global currency system has two features: the use of one or a few sovereign currencies as the global reserve asset and the floating exchange rate regime between major currencies.This paper points out that the costs of the dollar’s use as an international reserve currency exceed the benefits for both the US and the rest of the world. These costs include the exporting of American manufacturing as a byproduct of its current account deficit needed to supply its currency to the rest of the world. In addition to the detriment to trade from unpredictable exchange rate fluctuations, …
Ceo Compensation And Risk-Taking At Financial Firms: Evidence From U.S. Federal Loan Assistance, Amar Gande, Swami Kalpathy
Ceo Compensation And Risk-Taking At Financial Firms: Evidence From U.S. Federal Loan Assistance, Amar Gande, Swami Kalpathy
Amar Gande
We examine whether risk-taking among the largest financial firms in the U.S. is related to CEO equity incentives before the 2008 financial crisis. Using data on U.S. Federal Reserve emergency loans provided to these firms, we find that the amount of emergency loans and total days the loans are outstanding are increasing in pre-crisis CEO risk-taking incentives – “vega”. Our results are robust to accounting for endogeneity in CEO equity incentives and selection of financial firms into emergency loan programs. We also rule out the possibility that our results are driven by a bank’s funding base, bank complexity, CEO overconfidence, …
Partial Disability And Labor Market Adjustment: The Case Of Spain, José Ignacio Silva, Judit Vall
Partial Disability And Labor Market Adjustment: The Case Of Spain, José Ignacio Silva, Judit Vall
José Ignacio Silva
Although partially disabled individuals in Spain are allowed to combine disability benefits with a job, the empirical evidence shows that the employment rate of this group of individuals is very low because they have a much lower job finding and a higher job separation rates than nondisabled workers. Moreover, a decomposition analysis of the equilibrium employment rate shows that the differences in the job finding rates explain 85 percent of the disabled employment gap. To explain these facts, we construct a labor market model with search intensity and matching frictions to identify the incentives and disincentives to work in Spain …
Difficulties With The Interordinal Laws Of Cultural Property As Applied In The United States, And Proposed Solutions, Jeffrey John Miles
Difficulties With The Interordinal Laws Of Cultural Property As Applied In The United States, And Proposed Solutions, Jeffrey John Miles
Jeffrey John Miles
This paper evaluates the interordinal web of international cultural property law as applied in the United States. The work explores problematic areas where law fails to adequately protect against illicit trade in cultural property from art to artifacts. The complexity in this area stems from the often opaque movements of cultural property and the overlapping legal regimes of foreign nation states and domestic federal and state laws. After evaluating the structure of these laws as applied in the United States, I propose solutions to improve coverage where lacunas exist.
Trust In Cohesive Communities, Felipe Balmaceda Assoc Prof., Juan Escobar Assistant Professor
Trust In Cohesive Communities, Felipe Balmaceda Assoc Prof., Juan Escobar Assistant Professor
Felipe Balmaceda
This paper studies which social networks maximize trust and welfare when agreements are implicitly enforced. We study a repeated trust game in which trading opportunities arise exogenously and a social network determines the information each player has. We show that cohesive communities, modeled as social networks of complete components, emerge as the optimal community design. Cohesive communities generate some degree of common knowledge of transpired play that allows players to coordinate their punishments and, as a result, yield relatively high equilibrium payoffs. We also show that when news swiftly travel through the network, Pareto efficient networks are minimally connected: the …
Competitive Intensity And Its Two-Sided Effect On The Boundaries Of Firm Performance, Joao Montez, Francisco Ruiz-Aliseda, Michael D. Ryall
Competitive Intensity And Its Two-Sided Effect On The Boundaries Of Firm Performance, Joao Montez, Francisco Ruiz-Aliseda, Michael D. Ryall
Michael D Ryall
The new perspective emerging from strategy's value-capture stream is that the effects of competition are two-fold: competition for an agent bounds its performance from below, while that for its transaction partners bounds from above. Thus, assessing the intensity of competition on either side is essential to understanding firm performance. Yet, the literature provides no formal notion of "competitive intensity" with which to make such assessments. Rather, some authors use added value as their central analytic concept, others the core. Added value is simple, but misses the crucial, for-an-agent side of competition. The core is theoretically complete, but difficult to interpret …
دینامیک سیستم های قدرت, Hadi Zayandehroodi
دینامیک سیستم های قدرت, Hadi Zayandehroodi
Dr. Hadi Zayandehroodi
No abstract provided.
Digital Copyright, Jessica Litman
Lessons In Leadership For Managers And Supervisors: Fearless And Ferocious Managing, Anthony J. Jackson Prof
Lessons In Leadership For Managers And Supervisors: Fearless And Ferocious Managing, Anthony J. Jackson Prof
Anthony J Jackson Prof
No abstract provided.
Suppliers, Investors, And Equity Market Liberalizations, Martin Strieborny
Suppliers, Investors, And Equity Market Liberalizations, Martin Strieborny
Martin Strieborny
Allowing foreign investors to acquire equity stakes in domestic firms stimulates the real economy by promoting frictionless relationships between buyers and suppliers of intermediate goods. I combine insights from research on financial liberalization and relationship-specific investment to derive this hypothesis and then use a difference-in-difference empirical framework to test it. Results from panel-data and event-study estimations confirm that equity market liberalizations boost output growth particularly in suppliers-dependent industries that require a high share of specialized inputs in their production process. Financial openness can thus facilitate smooth interactions between firms and an important corporate stakeholder - suppliers of crucial production inputs.
Costly Location In Hotelling Duopoly, Jeroen Hinloopen, Stephen Martin
Costly Location In Hotelling Duopoly, Jeroen Hinloopen, Stephen Martin
Jeroen Hinloopen
We introduce a cost of location into Hotelling’s (1929) spatial duopoly. We derive the general conditions on the cost-of-location function under which a pure strategy price-location Nash equilibrium exists. With linear transportation cost and a suitably specified cost of location that rises toward the center of the Hotelling line, symmetric equilibrium locations are in the outer quartiles of the line, ensuring the existence of pure strategy equilibrium prices. With quadratic transportation cost and a suitably specified cost of location that falls toward the center of the line, symmetric equilibrium locations range from the center to the end of the line.
Research And Development Cooperatives And Market Collusion: A Global Dynamic Approach, Jeroen Hinloopen, Grega Smrkolj, Florian Wagener
Research And Development Cooperatives And Market Collusion: A Global Dynamic Approach, Jeroen Hinloopen, Grega Smrkolj, Florian Wagener
Jeroen Hinloopen
We present a continuous-time generalization of the seminal research and development model of d’Aspremont and Jacquemin (Am Econ Rev 78(5):1133–1137, 1988) to examine the trade-off between the benefits of allowing firms to cooperate in research and the corresponding increased potential for product market collusion. Weshow the existence of a solution to the optimal investment problem using a combination of results from viscosity theory and the theory of planar dynamical systems. In particular, we show that there is a critical level of marginal cost at which firms are indifferent between doing nothing and starting to develop the technology.We findthat colluding firms …
Un Estudio Sistemático Sobre Las Obligaciones Alternativas, Ricardo Geldres Campos
Un Estudio Sistemático Sobre Las Obligaciones Alternativas, Ricardo Geldres Campos
Ricardo Geldres Campos
El autor analiza la estructura de la obligación alternativa, centrando su atención en la elección de la prestación ya sea a cargo del deudor o del acreedor. En ese sentido, explica el sentido de la imposibilidad originaria y la sobrevenida en función del juicio de imputabilidad, y además expone la transferencia del riesgo con motivo de la presencia del supuesto de caso fortuito. Por otra parte, desarrolla algunos supuestos no contemplados por el Código Civil respecto a la imposibilidad del cumplimiento de la obligación alternativa.
Two Concepts Of Freedom In Criminal Jurisprudence, Roni M. Rosenberg
Two Concepts Of Freedom In Criminal Jurisprudence, Roni M. Rosenberg
Roni M Rosenberg
The goal of this essay is to identify and discuss two aspects of liberty by examining the distinction between act and omission in criminal jurisprudence. Criminal law makes a significant distinction between harmful actions and harmful omissions and, consequently, between killing and letting die. Any act that causes death is grounds for a homicide conviction -- subject, of course, to the existence of the other elements necessary for establishing criminal liability, such as causation and mens rea. However, liability for death by omission is subject to the additional identification of a duty to act. In other words, the defendant …
Non-Defaultable Debt And Sovereign Risk, Juan Carlos Hatchondo, Leonardo Martinez, Yasin Kursat Onder
Non-Defaultable Debt And Sovereign Risk, Juan Carlos Hatchondo, Leonardo Martinez, Yasin Kursat Onder
Leonardo Martinez
No abstract provided.
The Search For Certainty: A Pragmatist Critique Of Society’S Focus On Biological Childbearing, Jamie P. Ross
The Search For Certainty: A Pragmatist Critique Of Society’S Focus On Biological Childbearing, Jamie P. Ross
Jamie P Ross
The Search for Certainty: A Pragmatist Critique of Society’s Focus on Biological Childbearing Abstract I suggest that a form of biological determinism rests on what philosopher John Dewey calls a misplaced “search for certainty.” This search is a process whereby a constructed desire is normalized within a cultural context and naturalized in the body in a manner that substantiates the desire as predictable. Predictability, therefore, justifies a biological basis of desire. In this paper I focus specifically on a desire to bear or produce a biological child: a desire that becomes predictable within a medical model of emotion based on …
Serious Gamification: On The Redesign Of A Popular Paradox, Steffen Roth
Serious Gamification: On The Redesign Of A Popular Paradox, Steffen Roth
Dr. Steffen Roth
We challenge the idea of the paradoxical nature of the concept serious games and ask how researchers and designers need to conceive of serious games so that they at all appear paradoxical. To develop and answer this question, we draw on a theory–method that considers all forms of observation as paradoxical. We then use the tetralemma, a structure from traditional Indian logics, to resolve the paradox of serious games into this larger paradox of observation. Consequently, serious games may only be consid- ered a paradox if we presume realities and define games as deviations therefrom. The increasing gamification of society, …
C.V. - Wojciech Budzianowski, Wojciech M. Budzianowski