second best
Liberalisation in a world of second best: evidence on European network industries
... As can be seen from the table, the correlation coefficient is statistically significant only for the local call prices in 2003. The sign of the coefficient is also as expected. As the weighted MOI increases across member ...
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How do nominal and real rigidities interact? A tale of the second best
... This paper analyses the importance of real wage rigidities, in particular through their interaction with price stickiness, in a calibrated closed-economy New-Keynesian model with monopolistic competition in goods and ...
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Pardons and the Theory of the “Second-Best”
... 3 (Univ. of Law Pub. Law & Legal Theory Research Paper Series No.. Part III extends the analysis of Barbour’s pardons into a larger point about reforming the criminal justice syste[r] ...
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When spatial equilibrium fails: is place based policy second best?
... In a study of US metropolitan areas using a disequilibrium framework, Partridge and Rickman 2008b find employment growth to reduce poverty, in which the effect varies across metropolitan[r] ...
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Contracting for the second best in dysfunctional electricity markets
... We assume that, if either party violates the contract, both power systems irrevocably re- vert to autarky. This assumption is consistent with viewing the electricity sharing ar- rangement as a subgame perfect equilibrium ...
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Thin capitalisation rules: A second best solution to the cross border debt bias?
... Accordingly, this paper: 1 considers reforms traditionally designed to address the domestic debt bias; specifically, the allowance for corporate equity ACE, comprehensive business income[r] ...
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Selling second best: how infant formula marketing works
... tobacco; it can be an essential option in specific circum- stances – with preterm or SGA (small-for-gestational- age) infants, for instance, or when, even with optimal support, breastfeeding proves impossible. The ...
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Imperfect competition and efficiency in lemons markets
... the second-best mechanism in the case under ...the second-best is the following fixed- price mechanism: The buyer makes a “take-it-or-leave-it” fixed-price offer, and then he chooses amongst ...
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Labor Conscription in the Prisons of Illinois
... We want to know what is the best thing you "can do, the second best and what is the third best, and we are going to ask you about some other things, that the State of Illinois and the Go[r] ...
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Multi task Incentive Contract and Performance Measurement with Multidimensional Types
... This paper provides a new explanation for the dominance of the low-powered incentive contract over the high-powered incentive contract using a mixed model of moral hazard and adverse selection. We first show that the ...
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Optimal hospital payment rules under rationing by random waiting
... …rst best and second best pricing rules for a hospital providing care to fully insured ...…rst best price per patient treated should be equal to the residual marginal social bene…t of treating ...
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A Study and Application of Scatter Search Feed ACO Algorithm in Forecasting the Influence of Turning Parameters during AlMg1SiCu Machining
... The second best algorithm’s (Scatter Search Algorithm) outcome is taken as the input to the first best algorithm (Ant Colony Optimisation Algorithm) based on the assessment of performance indicator ...
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Challenging cases of professionalism in Japan: improvement in understanding of professional behaviors among Japanese residents between 2005 and 2013
... The Barry Questionnaire was developed and validated in a study conducted in Colorado, USA by Barry et al. [13]. They performed the following steps to develop and evaluate the instrument: the scenario review was con- ...
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Social wealth and optimal care
... Many accidents result in losses that cannot be perfectly compensated by a monetary payment. Moreover, often injurers control the magnitude rather than the probability of accidents. We study the characteristics of optimal ...
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Status Effects, Public Goods Provision, and the Excess Burden
... reduce the excess burden relative to what would be the case if such effects were absent. This confirms an idea suggested informally by Ng (2000, p.263). Section 2 of the paper presents the model. Section 3 considers ...
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An optimization problem involving proximal quasi-contraction mappings
... a best proximity point theorem under the assumption: B is approximatively compact with re- spect to ...various best proximity point results are derived under this assump- tion (see, ...new best ...
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Bronchiectasis exacerbation study on azithromycin and amoxycillin clavulanate for respiratory exacerbations in children (BEST 2): study protocol for a randomized controlled trial
... (RCT; BEST-1) designed to answer the question: ‘Does azithromycin or amoxycillin-clavulanate, compared with placebo, improve the resolution of respiratory exacer- bations on day 14 of treatment?’ ...
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A Class of Logarithmically Completely Monotonic Functions and Application to the Best Bounds in the Second Gautschi-Kershaw's Inequality
... These (logarithmically) complete monotonicity mentioned above can be applied to acquire the best bounds in Gautschi-Kershaw’s inequalities (1) and (2). For more detailed information, please refer to [4, 5, 6, 7, ...
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AV+ EC 2015 the first affect recognition challenge bridging across audio, video, and physiological data
... The best type of NN architecture, ...provides best performance for EDA, LSTM for facial descriptors and BLSTM for ECG; results are more contrasted for audio ...
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Online Full Text
... advection scheme is preservation of positivity, to avoid instabilities in the numerical solution. As point out by Liu and Lax [11], in the modern numerical treatment of conservation laws, the positivity is a key ...
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