This paper introduces weakly growing context-sensitive grammars. Abstract-1 Such grammars generalize the class of growing context-sensitive grammars (studied by several authors), in that these grammars have rules that “grow” according to a position valuation. If a position valuation coincides with the initial part of an expoAbstract-2 nential function, it is called a steady position valuation. ...

Bruce Kingma is a Professor in the School of Information Studies and Whitman School of Management at Syracuse University; e-mail: [email protected]. Kathleen McClure is Systems Librarian at the Okefenokee Regional Library System, e-mail: [email protected]. © 2015 Bruce Kingma and Kathleen McClure, Attribution-NonCommercial (http://creativecommons.org/licenses/by-nc/3.0/) CC BY-NC. This study me...

One of the most widely appreciated problems of contingent valuation is the potential manipulability of the method, thus subjecting it to possible strategic bias. This paper shows that under usual conditions this problem also holds for market-based methods, such as travel cost and hedonic pricing. However, not all formats of these valuation methods are manipulable. This paper finds positive resu...

The nature of most accidents at the construction sites shows that the construction industry is unique. Factor involved include human behaviour, different construction sites, the difficulties of works, unsafe safety culture, dangerous machinery and equipment being used, and non-compliance to the various set procedures. Study shows that an accident and injury at the worksite is often the result o...

Executive Summary Introduction Much recent planning policy and reform has been informed by the view that planning inhibits economic growth. value of planning, focusing primarily on economic and financial value, while recognising the importance of broader social and environmental value. Remarkably, given the debates around planning reform in the UK, it represents the only recent and wide-ranging...

Using the case of a low cost airline company’s website we analyze some special research questions of information technology valuation. The distinctive characteristics of this research are the ex post valuation perspective; the parallel and comparative use of accounting and business valuation approaches; and the integrated application of discounted cash flow and real option valuation. As the exa...

In this article, we review the recent academic research on the valuation of Internet companies. In particular, we focus on the valuation method(s) which were said to be suitable for new economy start ups in the boom years 1998-2000, and conclude that they were neither novel nor very accurate. Since the downturn in the sector, the valuation focus has returned to advanced fundamental valuation me...

The authors are grateful for comments from Sumit Agarwal, Raymond Fisman, Hongbin Li, and seminar participants at NBER’s May 2015 China Economy workshop, Hong Kong Monetary Authority, NUS Business School, The Chinese University of Hong Kong, and Lingnan University. Randall Morck thanks the Bank of Canada for partial funding. The views expressed herein are those of the authors and do not necessa...

This paper investigates a model featuring a monopolist seller and a buyer, with an uncertain valuation for the seller’s product. The seller chooses an information system (“IS”), allowing the buyer to receive a private signal, potentially correlated with her valuation. The cost of the IS is proportional to its precision, measured by the mutual information between the distributions of the buyer’s...