1,721,078 research outputs found

    Solutions to Donaldson's Hyperkähler Reduction on a Curve

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    We study an infinite-dimensional hyperkähler reduction introduced by Donaldson and associated with the constant scalar curvature equation on a Riemann surface. It is known that the corresponding moment map equations admit special solutions constructed from holomorphic quadratic differentials. Here we obtain a more general existence result and so a larger hyperkähler moduli space

    Inducing Efficiency in the Use of Foreign Aid: The Case for Incentive Mechanisms

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    In this article we point out that one of the main problems in foreign aid allocation is the efficient use of these funds: as resources available for foreign aid are intrinsically scarce, their efficient use would be in the interest of donors, and especially recipient countries. The aim of this paper is to show how it is possible to design incentive schemes which, by relating the allocation of aid to the way it is used, may induce the recipient country to use these resources appropriately. We discuss potential benefits and problems of different contractual forms, showing how comparing the performances of different countries may help to design optimal incentive mechanisms. Finally, we illustrate a proposal of performance conditioning of the grant element, which may help in tackling the efficiency problem. © 1992, Taylor & Francis Group, LLC. All rights reserved

    Regulating a multi-utility firm

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    We study the regulation of a multi-utility, i.e. a utility firm that is also active in a competitive, unregulated sector. If the firm conducts its activities in the two markets jointly, it enjoys economies of scope whose magnitude is the firm’s private information, unknown either to the regulator or to the rival firms. We jointly characterize the unregulated market outcome (with price and quantity competition) and optimal regulation. Accounting for the several effects of regulation on the unregulated market, we show the existence of an informational externality, in that regulation provides useful information to the rival firms. Although joint conduct of multi-utility’s activities generates scope economies, it also brings private information to the multi-utility, so that regulation is less efficient and the unregulated market too may be adversely affected. Nevertheless, we show that allowing the multi-utility to integrate productions is (socially) desirable, unless joint production is characterized by diseconomies of scope

    Footloose monopolies: regulating a "national champion"

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    We analyze the design of optimal regulation of a domestic monopolist that also competes in an unregulated foreign market. We show how foreign activities by the regulated firm affect domestic regulation, consumers’ surplus and firm’s profits. Although expansion in unregulated foreign markets amplifies the regulatory distortions that are caused by the regulator’s limited information, we also show that allowing the firm to compete abroad does not necessarily harm domestic consumers and we analyze if and when the firm’s decision to expand abroad does in fact coincide with consumers’ interests in the regulated market

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    Investigation of biomechanical response of PDL by using an hyperelastic formulation

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    The work pertains to the formulation of a numerical model for the investigation of biomechanical response of the periodontal ligament [1] and of the evaluation of displacement behaviour of natural teeth under different loadings. Tissue material constitutive models are defined on the basis of experimental data, deduced from tests on PDL samples of animals. In vivo tests [2,3] are considered for humans, leading to macroscopic data as forces and displacements monitored for a specific tooth, and used to identify elastic and viscous characteristics. Hyperelastic isotropic and/or anisotropic models [4] are developed for describing the mechanics of the PDL tissue, under specific loading conditions admitting elastic response. In the present investigation, results are validated by comparison with experimental data on human central incisors under intrusive forces. Time-dependent behaviour of the PDL [5] can be considered by means of visco-elastic constitutive models, investigating the mobility of human teeth under application of transversal forces of low magnitude

    Flexibility choices and oligopolistic competition in an evolutionary environment

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    We study the problem of the endogenous choice of technology when the level of demand is uncertain. Firms can choose either a 'flexible' technology, which allows them to vary the cost structure, or a 'rigid' technology, which in periods of high demand is more efficient. Firms tend to adopt the (ex ante) more rewarding technology. We develop a full dynamic model with given number of firms as well as with entry and exit, and with perfect foresight as well as with myopic firms. We show that firms with different technologies can coexist in the market in a permanent way, and characterise the parameter configurations leading to such results
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