Digital Commons Network^™

Robotics And The Conservation Of Human Resources, Robert U. Ayres, Steven M. Miller

Research Collection School Of Computing and Information Systems

Due to rapid expansion in the field of robotics, policy issues have arisen in regard to developing human skills to deal with the new technology and to deal with the obsolescent human skills which are the inevitable result of this growth pattern. Industrialists, educators, union leaders, and government officials must work cooperatively to insure that the coming changes are made with minimum disruption. Improved training methods and courses have to be developed for the skills needed to control, manage and supervise the new machines. Some of the ways in which this can be accomplished are through offering financial incentives for …

Resource Taxation With Heterogeneous Quality And Endogenous Reserves, Robert F. Conrad, Bryce Hool

Research Collection School Of Economics

This paper analyzes the impact of mining taxation on the intertemporal extraction profile for a heterogeneous ore body. The extraction profile specifies both quantities and qualities extracted in each period. Total extraction is thus endogenously determined. The taxes explicitly considered are severance taxes (ad valorem or per unit; on metal or on ore), property taxes, and profits taxes (with depletion allowance). The intertemporal framework integrates economic and geological factors, generating new results on extraction distortions and providing qualification or reconciliation of previous diverse results in this area.

The Economic Status Of Malay Muslims In Singapore, Eng Fong Pang

Research Collection Lee Kong Chian School Of Business

In 1965 Singapore separated from Malaysia to become an independent secular state in a region of Islamic nations. It had then an estimated per capita income of S$ 1,600' and a population of 1.9 million people, a sixth of them Muslim. Today, after sixteen years of rapid economic progress, it has a per capita income of S$10,0002 and a population of 2.4 million people. Of the population aged ten and over in 1980, 324,000 or one-sixth are Muslim. Ninety per cent of the Muslims in Singapore are Malays, nine per cent are Indians and Pakistanis, and one per cent belong …

The Role Of Technological Change, Robert U. Ayres, Steven M. Miller

Research Collection School Of Computing and Information Systems

We develop an optimal growth model that includes several important new features. First, technological change is endogenously related to the growth of 'knowledge.' Investment may be directed either towards physical capital or knowledge (or both). Knowledge becomes an effective substitute for scarce resources by increasing the technical efficiency of resource utilization both for consumption and in capital. Nevertheless, a finite quantity resource must be embodied in capital and a finite flow is required for depreciation. Thus, there is an upper limit to technical efficiency and economic growth is thus ultimately limited by the availability of renewable resources. For a simple …

Correction To "Redundancy Optimization Of General Systems", H. Sivaramakrishnan, Arcot Desai Narasimhalu

Research Collection School Of Computing and Information Systems

Reader Aids-

Purpose: Report a correction

Special math needed: Probability

Results useful to: Reliability Theoreticians

Efficient Employment Of Cohorts Of Labor In The U.S. Economy: An Illustration Of A Method, A. E. Boardman, Steven M. Miller, A. P. Schinnar

Research Collection School Of Computing and Information Systems

This paper presents a model for the analysis of efficient labor force participation in the U.S. economy. Ridge regression estimates of the elasticities of cohorts of labor, classified by sex and occupation, are used in conjunction with wage data to illustrate the derivation of efficient allocation of labor cohorts in five economic sectors. These efficient constructs are compared with actual census data for 1960 and 1970. The results, while tentative, show a trend toward more efficient utilization of labor and greater participation by women in the work force.

Statutory And Judicial Responses To The Problem Of Access To Government Information, Constance Y. Singleton, Howard Hunter

Research Collection Yong Pung How School Of Law

The tremendous growth of government occasioned by greater involvement in the social and economic life of the nation has been the cause of many concerns. Two perennial concerns have been the extent to which the government can prevent public access to information on the basis of which policies and decisions are made and the possibility for misuse by the government of information private to individuals or business firms. This article focuses on federal statutory responses to these issues. The legislative intent has usually been praiseworthy but the resulting statutes, especially as they have been interpreted by the courts, have often …

A Rapid Algorithm For Reliability Optimization Of Parallel Redundant Systems, Arcot Desai Narasimhalu, H. Sivaramakrishnan

Research Collection School Of Computing and Information Systems

A rapid method is proposed for optimization of reliability of multiconstraint parallel redundant systems. The constraints need not be linear. This method provides good starting values, which are close to the boundary of the feasible region, for the number of redundant units in each subsystem. No proof has been presented to establish the optimality obtained by this method. Yet for examples tried out this method provides optimal or near optimal solutions.

Report On Antitrust Implications Of Joint Industry Activities Under Price Controls, William W. Sadd, William E. Huth, John C. Cortesio, Howard Hunter

Research Collection Yong Pung How School Of Law

Pursuant to the authority of the Economic Stabilization Act of 1970, the nation has recently experienced "Phase IV" of a program of price controls. This statutory authority expired on April 30, 1974, except as to certain petroleum products. Phase IV, to a greater extent than the preceding three phases of controls, gave rise to a need and an opportunity for joint industry efforts to influence and guide governmental authorities in shaping pricing policies in the economy. This report, therefore, examines the legal basis for such joint industry activities within the purview of Section 1 of the Sherman Act. If authority …