Business Commons^™

Variational Inequalities For Marketable Pollution Permits With Technological Investment Opportunities: The Case Of Oligopolistic Markets, Anna Nagurney, Kathy Dhanda

Kathy K Dhanda

In this paper, we develop a variational inequality framework for the modeling, qualitative analysis, and computation of equilibrium patterns in multiproduct, multipollutant oligopolistic markets with marketable pollution permits along with opportunities for investment in production technology and/or emission-abatement technology. The model deals explicitly with spatial differentiation and also guarantees that the imposed environmental standards are met through the initial allocation of licenses. An algorithm is proposed, with convergence results, to compute the profitmaximized quantities of oligopolistic firms' products and the quantities of emissions, along with the equilibrium allocation of licenses and their prices, as well as the optimal investments in …

Using Auctions To Divest Generation Assets, Peter Cramton, Lisa J. Cameron, Robert Wilson

Peter Cramton

In most states, ratepayers will compensate utilities for their stranded costs. As a result, these costs must be measured as accurately as possible, in a manner that is easily understood by all concerned parties. We describe the options for measuring stranded costs and argue that a simultaneous ascending auction is the best approach.

Evolving Null Hypotheses And The Base Rate Fallacy: A Functional Interpretation Of Scientific Myth, Brian Gibbs

Brian J. Gibbs

No abstract provided.

Combining Multi-Attribute Utility And Geographic Information For Boundary Decisions: An Application To Park Planning, Jeffrey Keisler, Ronald Sundell

Jeffrey Keisler

Combining Multi-Attribute Utility And Geographic Information For Boundary Decisions: An Application To Park Planning, Jeffrey Keisler, Ronald Sundell

Jeffrey Keisler

The quality and value of an area depend primarily on what is found within its designated boundaries. To determine the value of such areas in terms of boundaries, we have developed a methodology for integrating multi-attribute utility functions with spatial analysis so that desirable, or appropriate, boundaries can be determined on the basis of the goals and objectives for the park. The key to successful evaluation is the development of measures for what decision makers value, rather than merely using what is easily measured. In a detailed example for planning of national parks, the fundamental objectives are conservation and societal …

Evolving Null Hypotheses And The Base Rate Fallacy: A Functional Interpretation Of Scientific Myth, Brian J. Gibbs

Brian J. Gibbs

No abstract provided.

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Package Bidding For Spectrum Licenses, Peter Cramton, John Mcmillan, Paul Milgrom, Bradley Miller, Bridger Mitchell, Daniel Vincent, Robert Wilson

Peter Cramton

The FCC was an innovator in adopting the rules of the simultaneous ascending-price auction for its sales of spectrum licenses. While these rules have performed well in the auctions conducted so far (and would perform even better with the design improvements suggested in our first report), there are two inherent limitations in any design that seeks to assign and price the licenses individually. First, such designs create strategic incentives for bidders interested in multiple licenses that are substitutes to reduce their demands for some of the licenses in order to reduce the final prices of the others; this is the …

Derrida Meets Ibm: Using Deconstruction To Teach Business Writing, H. Rice

H. William Rice

No abstract provided.

As Easy As Abc - An Introduction To Activity Based Costing, Mark E. Pickering

Mark E Pickering

This article is an introduction to the concepts and mechanics of Activity Based Costing and how it can be used to provide different views of the costs and profitability of organisations to support management decisions.

Evaluating The Impact Of The Focus Model On The Efficacy Levels Of Teachers: A Field Based Study, John Fraas, Gary Russell, Isadore Newman

John W. Fraas

No abstract provided.

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Research Report: Diffusion Of Information Systems Outsourcing: A Reevaluation Of Influence Sources, Qing Hu, Carol Saunders, Mary Gebelt

Qing Hu

Information systems outsourcing is an increasingly popular IS management practice in companies of all sizes. Examining the adoption of IS outsourcing from the well-developed theoretical foundation of innovation diffusion may shed some light on significant factors that affect the adoption decision, and clarify some misperceptions. This study explores the sources of influence in the adoption of IS outsourcing. Using a sample of 175 firms that outsourced their IS functions during the period from January 1985 to January 1995, we tested three hypotheses of sources of influences using four diffusion models: internal influence, external influence, and two mixed influence models. Our …

Auction Design Enhancements For Non-Combinatorial Auctions, Peter Cramton, John Mcmillan, Paul Milgrom, Bradley Miller, Bridger Mitchell, Daniel Vincent, Robert Wilson

Peter Cramton

We evaluate a number of possible enhancements to the FCC auctions. We consider only changes to the current auction rules that stay within the basic format of the simultaneous multiple round auction for individual licenses. This report summarizes and extends our e-mail exchanges with FCC staff on this topic. A subsequent report will cover auctions with combination bids. Overall, the FCC spectrum auctions have been an enormous success. However, there are two design goals in the auction where important improvement can be achieved within the basic rules structure. These are restricting collusion among bidders and reducing the time taken to …

Agricultural Trade And Market Prospects For Turkey With Central And Eastern European Countries And The Russian Federation, Musa Pinar, Mihir Fisunoğlu, O Aydoğuş

Musa Pinar

No abstract provided.

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Changes In Central Technical Services: Backlog Elimination, Karen S. Calhoun, Jim Leblanc

Karen S Calhoun

This report describes a cataloging backlog of about 97,000 items and outlines an innovative project to eliminate it without adding staff or slowing the processing of new receipts. Includes assessments of backlog content, growth rate, and underlying organizational issues that cause the backlog to be there and to grow.

Report On Stack Collocation Loss, Karen S. Calhoun

Karen S Calhoun

This internal report for Cornell University Library evaluates the probable impact of simply accepting call numbers in cataloging copy, rather than reviewing and adjusting them to assure stack order is maintained over time.

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The Beginning And End Of The Church, Vaughan S. Roberts

Vaughan S Roberts

The Sea Of Faith: After Dover Beach?, Vaughan S. Roberts

Vaughan S Roberts

Auction Design For Standard Offer Service, Peter Cramton, Andrew Parece, Robert Wilson

Peter Cramton

During the transition to a competitive electricity market, when a consumer does not select an electricity provider, who provides service to the customer and at what price? An auction for this "standard offer service" is a market-based way to assign the service responsibility and to determine its price. We explore the design issues in establishing rules for such an auction.

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