Enviroshopping: Buy Smarter

Can Football Buy Smarter Students?

There is a mentality across universities that money spent on athletics might be better spent on things that directly impact the academic environment of the institution. For example, in order to better the university one may argue that money spent on upgrading the library is more appropriate than money spent on renovating the stadium. The more general issue is the conflict between spending on ac...

Explorer To Buy or Not to Buy ?

This paper examines the interaction of law and policy making on prostitution, with that of BDSM (bondage and discipline, sadism and masochism). Recent policy and legal shifts in the UK mark out prostitutes as vulnerable and in need of ‘rescue’. BDSM that amounts to actual bodily harm is unlawful in the UK, and calls to decriminalise it are often met with fears that participants will be left vul...

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Pricing Buy-ins and Buy-outs

Pension buy-ins and buy-outs have become an important aspect of managing pension risk in recent years. As a step toward understanding these pension de-risking instruments, we develop models for pricing investment risk and longevity risk embedded in pension buy-ins and buy-outs. We also bring a contingent-claims framework to price credit risk of buy-in bulk annuities. Overall, our model can be u...

Smarter Memory

M e m o ry speeds have not kept up with p rocessor speeds. More pre c i s e l y, DRAM latency has not kept pace: P rocessor speeds have been incre a s i n g by at least 70 percent per year, while DRAM latency has improved only 7 percent annua l l y. As a result, a contemporary superscalar 300MHz DEC Alpha system with a 40-ns DRAM can perform at least 24 instructions in the time it takes to acce...