1,356,707 research outputs found
Waste of a Nation: Garbage and Growth in India
No full textIn India, you can still find the kabaadiwala, the rag-and-bone man. He wanders from house to house buying old newspapers, broken utensils, plastic bottles�anything for which he can get a little cash. This custom persists and recreates itself alongside the new economies and ecologies of consumer capitalism. Waste of a Nation offers an anthropological and historical account of India�s complex relationship with garbage.
Countries around the world struggle to achieve sustainable futures. Assa Doron and Robin Jeffrey argue that in India the removal of waste and efforts to reuse it also lay waste to the lives of human beings. At the bottom of the pyramid, people who work with waste are injured and stigmatized as they deal with sewage, toxic chemicals, and rotting garbage.
Terrifying events, such as atmospheric pollution and childhood stunting, that touch even the wealthy and powerful may lead to substantial changes in practices and attitudes toward sanitation. And innovative technology along with more effective local government may bring about limited improvements. But if a clean new India is to emerge as a model for other parts of the world, a �binding morality� that reaches beyond the current environmental crisis will be required. Empathy for marginalized underclasses�Dalits, poor Muslims, landless migrants�who live, almost invisibly, amid waste produced predominantly for the comfort of the better-off will be the critical element in India�s relationship with waste. Solutions will arise at the intersection of the traditional and the cutting edge, policy and practice, science and spirituality
Representation and approximation of convex dynamic risk measures with respect to strong-weak topologies
No full textWe provide a representation for strong-weak continuous dynamic risk measures from Lp into Lpt spaces where these spaces are equipped respectively with strong and weak topologies and p is a finite number strictly larger than one. Conversely, we show that any such representation that admits a compact (with respect to the product of weak topologies) sub-differential generates a dynamic risk measure that is strong--weak continuous. Furthermore, we investigate sufficient conditions on the sub-differential for which the essential supremum of the representation is attained. Finally, the main purpose is to show that any convex dynamic risk measure that is strong-weak continuous can be approximated by a sequence of convex dynamic risk measures which are strong--weak continuous and admit compact sub-differentials with respect to the product of weak topologies. Throughout the arguments, no conditional translation invariance or monotonicity assumptions are applied
Designing sound deposit insurances
No full textDeposit insurances were blamed for encouraging the excessive risk taking behavior during the 2008 financial crisis. The main reason for this destructive behavior was “moral hazard risk”, usually caused by inappropriate insurance policies. While this concept is known and well-studied for ordinary insurance contracts, yet needs to be further studied for insurances on financial positions. In this paper, we set up a simple theoretical framework for a bank that buys an insurance policy to protect its position against market losses. The main objective is to find the optimal insurance contract that does not produce the risk of moral hazard, while keeping the bank’s position solvent. In a general setup we observe that an optimal policy is a multi-layer policy. In particular, we obtain a close form solution for the optimal insurance contracts when a bank measures its risk by either Value at Risk or Conditional Value at Risk. We show the optimal solutions for these two cases are two-layer policies
Estimating the Vulnerability of Households to Rent Increases
No full textThe question investigated in this paper is how vulnerable are US households today to the risk of rent increases. The short answer is that US households are, on average, more vulnerable to the risk of rent increases in 2018 than they were throughout the 1970s, 1980s, 1990s, and 2000s (and in heavily regulated markets even more vulnerable than they were in the 1940s and 1950s). To measure vulnerability requires a normative framework. We follow the approach developed by Sinai and Souleles (2005). We find that the rent premium that would leave households indifferent between the discounted cost of renting and its expected value is greater today, on average, than it was over the past fifty years (and in heavily regulated markets greater than it was over the past eighty years). There is therefore a clear public policy implication from this research
Seurat object of the analysis of a scRNAseq Drosophila data set using soloTE
No full text<p>Seurat object of the analysis of a scRNAseq Drosophila data set published in Jevitt et al. (2020) PLoS Biology (<a href="https://doi.org/10.1371/journal.pbio.3000538">https://doi.org/10.1371/journal.pbio.3000538</a>) using the soloTE pipeline (<a href="https://doi.org/10.1038/s42003-022-04020-5">https://doi.org/10.1038/s42003-022-04020-5</a>). </p>
Valoración de empresa : Assa Compañía de Seguros, S. A.
No full textReyna González [Parte I mediante métodos de múltiplos ] , Edith Adriana Madrid Naranjo [Parte II mediante modelo de descuento de dividendos ]El informe a continuación presenta una propuesta de valoración económica de la
empresa aseguradora ASSA Compañía de Seguros, S. A., al 30 de junio del 2019,
utilizando el método de valoración por múltiplos.
ASSA Compañía de Seguros, S.A. es una empresa constituida en la República de
Panamá que actualmente no cotiza en bolsa y cuenta con 4,538,746 acciones emitidas
de las cuales 99.9% pertenecen a ASSA Compañía Tenedora, S. A. Con el 24.1% de
las primas emitidas en Panamá, ASSA es la empresa líder en la industria de seguros.
Para la valoración, utilizamos dos empresas panameñas de seguros lo más parecidas
a ASSA Panamá en términos de composición de segmentos y que se hubieran vendido
en los últimos cinco años para poder utilizar su precio de venta como valor económico
ya que en Panamá no existen empresas aseguradoras que coticen en bolsa.
Utilizamos los múltiplos de Precio / Patrimonio Contable y Precio / Utilidad Neta y
obtuvimos un precio por acción para ASSA Panamá entre USD 97.49 y USD 90.82
respectivamente.El informe a continuación presenta una propuesta de valoración económica de la
empresa aseguradora ASSA Compañía de Seguros, S. A., al 30 de junio del 2019,
utilizando el modelo de descuento de dividendos y el método de valoración por múltiplos.
ASSA Compañía de Seguros, S.A. es una empresa constituida en la República de
Panamá que actualmente no cotiza en bolsa y cuenta con 4,538,746 acciones emitidas
de las cuales 99.9% pertenecen a ASSA Compañía Tenedora, S. A. Con el 24.1% de las
primas emitidas en Panamá, ASSA es la empresa líder en la industria de seguros.
Para obtener la tasa de descuento utilizamos como empresa referente a la compañía
AIG, empresa estadounidense para determinar la beta, con una estructura en líneas de
negocio y moneda, muy similar a la de ASSA Panamá. La beta de AIG fue
desapalancada con la estructura de financiamiento de esta compañía y luego
apalancada con la estructura de capital objetivo de ASSA Panamá.
En las proyecciones, consideramos el crecimiento de la industria provisto por reportes
de entes económicos como Fitch Solutions y aplicamos crecimiento orgánico de la
participación del mercado para los años 2019 al 2023 estableciendo así un crecimiento
en primas para ASSA Panamá. Las necesidades de capital consideramos los
requerimientos mínimos de capital, solvencia y liquidez exigidos por regulación. Los
flujos de caja de los accionistas fueron proyectados para cada año hasta el 2023, más
una perpetuidad a partir del año 2024. Al traer estos flujos a valor presente con la tasa
de costo patrimonial (kp) obtenida de 12.58% obtuvimos un valor económico para ASSA
Compañía de Seguros, S. A. en Panamá de USD 74.45 por acción.Versión original del auto
A Third Space Approach to Integrated Academic Student Success Advising (ASSA)
No full textThe Academic Student Success Advising (ASSA) project enacted an integrated academic and pastoral approach to advising using McIntosh’s (2023) fundamental principles of advising. This research conducted at two Australian universities explores how shared principles of advising can provide an underpinning structure to pan-university advising approaches as a mechanism of student development. Forty staff were interviewed, exploring understandings and experiences of advising. Data were analysed through the four key advising themes: inclusive, personalised and integrated, developmental, and student-centred. The findings suggest that staff perceive value in integrated advising approaches that connect students’ academic and pastoral experiences through an ‘advising as teaching lens’ and that link areas of the university to enhance student success. Recommendations highlight the value of investing in staff understandings of advising to enhance student development, the intentional embedding of co-curricular skills, and the continued need to develop systems to track advising outcomes
Equilibrium in Market Models with Known Elasticities
No full textClosed and open market models, in which the supply and demand functions are restored by their price elasticities, are studied. For the closed market model criteria on the existence of equilibrium is obtained as the corollary of existence theorems for the solutions to systems of linear equations and inequalities. The results of the covering maps theory, namely existence theorems of a coincidence point, are applied to obtain sufficient conditions on the existence of an equilibrium in open market model and to develop search algorithm of an equilibrium in this model. Numerical experiments illustrating the obtained results are conducted. © 2021 ASSA
The intoxicated poor: alcohol, morality and power among the boatmen of Banaras
No full textAnthropological research on alcohol use and misuse has largely focused on the symbolic meaning of alcohol in ritual settings and its role in the everyday lives of indigenous populations. Much has been written on the role of alcohol as a social lubricant, a vehicle for anxiety relief, a marker of ethnic identity and social status and, in some cases, a part of everyday resistance practices deployed by subordinated populations. Less attention has been given to how the excessive consumption of alcohol is perceived amongst the people themselves, and their own ways of trying to make sense of alcohol-related problems within a rapidly changing social and economic environment. This article considers these issues by looking at a particular group of low-caste/class boatmen in the city of Banaras, and how they articulate alcohol use and abuse. It suggests that perceptions, consumption and broader cultural classification of alcohol can only be appreciated by considering how specific community structures, conflicts and everyday practice are interlaced with culturally constituted notions of power and danger in Hindu society
FIGURE 7 in A new hip-pocket frog from mid-eastern Australia (Anura: Myobatrachidae: Assa)
No full textFIGURE 7. Assa courtship call of A) Assa wollumbin sp. nov. (Wollumbin, NSW), and B) Assa darlingtoni (Border Ranges National Park, NSW)Published as part of Mahony, Michael J., Hines, Harry B., Mahony, Stephen V., Moses, Bede, Catalano, Sarah R., Myers, Steven & Donnellan, Stephen C., 2021, A new hip-pocket frog from mid-eastern Australia (Anura: Myobatrachidae: Assa), pp. 451-486 in Zootaxa 5057 (4) on page 468, DOI: 10.11646/zootaxa.5057.4.1, http://zenodo.org/record/570553
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