This paper develops a method to estimate information rents of losers of a reform who receive a monetary compensation. Our method explicitly accounts for survey respondents' reluctance to reveal a ...willingness to accept which is smaller than the actual compensation. We apply our approach to the case of the 2005 European agricultural reform using uniquely gathered survey data from farmers in Lower Saxony, Germany. We find empirical indications for strategic misreporting. Correcting for these effects with a structural model, we find that information rents are in the order of up to 15 per cent of total compensation paid. Moreover, we show that the reform could not have been implemented distinctly cheaper by conditioning compensation schemes on observable factors.
A case of total vertebral artery occlusion by a cervical `hour-glass' or `dumb-bell' neurofibroma is reported. To the author's knowledge this is the first reported case in the English literature. A ...causal relationship between the arterial occlusion and the patient's symptoms has been postulated. The angiographic study of these patients is further emphasized to enhance safer and more effectual removal of these lesions.
A low-pressure direct injection fuel system for spark ignition direct injection engines has been developed, in which a high-turbulence nozzle technology was employed to achieve fine fuel droplet size ...at a low injection pressure around 2 MPa. It is particularly important to study spray characteristics in the nearnozzle region due to the immediate liquid breakup at the nozzle exit. By using an uitrafast x-ray area detector and intense synchrotron x-ray beams, the interior structure and dynamics of the direct injection gasoline sprays from a multi-orifice turbulence-assisted nozzle were elucidated for the first time in a highly quantitative manner with ps-temporal resolution. Revealed by a newly developed, uitrafast computed x-microtomography technique, many detailed features associated with the transient liquid flows are readily observable in the reconstructed spray. Furthermore, an accurate 3dimensional fuel density distribution, in the form of fuel volume fraction, was obtained by the time-resolved computed tomography. The time-dependent fuel density distribution revealed that the fuel jet is well broken up immediately at the nozzle exits. These results not only reveal the near-field characteristics of the partial atomized fuel sprays with unprecedented detail, but also facilitate the development of an advanced multi-orifice direct injector. This uitrafast tomography capability also will facilitate the realistic computational fluid dynamic simulations in highly transient and multiphase fuel spray systems.
The British government will today announce plans to partially privatize its air-traffic control system. The planned sale of Britain's National Air Traffic Services -- one of the world's first ...privatizations of an air-traffic control system -- is aimed at raising funds to modernize the system and allow it to operate more efficiently. The U.K. air traffic system needs to invest roughly GBP 1 billion (1.5 billion euros) over the next decade to modernize equipment, by some estimates. The government plans either to float part of the business or to attract an investor with some strategic interest in the business or relevant management capability or industry knowledge. Companies that have expressed an interest in the privatization include National Grid PLC, the privatized operator of Britain's electricity-transmission system, British telecommunications group Energis PLC, and Thomson CSF, a French defense and electronic systems provider.
Increasingly pronounced hydrocarbon character is exhibited by C6 H6 B12 , the first unsubstituted hexacarbaborane, and CH3 C5 B7 H12 , the first cluster pentacarbaborane. These compounds shed light ...on the structural dichotomy between open hydrocarbon skeletons and polyhedral borane frameworks for high-carbon carboranes.
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