Lease Defaults and the Efficient Mitigation of Damages

The traditional law of leases imposed no duty on landlords to mitigate damages in the event of tenant breach, whereas the modern law of leases does. An economic model of leases, in which absentee tenants may or may not intend to breach, shows that the traditional rule promotes tenant investment in the property by discouraging landlord entry. In contrast, the modern rule prevents the property from being left idle by encouraging landlords to enter and re-let abandoned property. The model reflects the historic use of the traditional rule for agricultural leases, where absentee use was valuable, and the emergence of the modern rule for residential leases, where the primary use entails continuous occupation.

A Question of Title: Property Rights and Asset Values

This paper examines the impact of land title systems on property values. The predominant system in the U.S., the recording system, awards title to claimants over current possessors, whereas the Torrens registration system awards title to the current owner. In theory, the registration system maximizes property value, all else equal, but in practice, the systems differ depending on the risk of a claim and administrative costs. A natural experiment in Cook County, Illinois, where both systems have existed since 1897, allows a test of the theory. The results, based on commercial and industrial properties, reveal that parcels tend to self-select into the two systems based on the predictions of the theory.

AgEdS/Hort 465 Class: Horticulture Enterprise Management

The production of local fruit and vegetables is a rapidly expanding segment of Iowa agriculture. The new ISU AgEdS/Hort 465 class trains future growers in the management and operation of diversified horticultural enterprises on an Iowa farm situation. Management of the finances, production, and marketing is performed by the students. The course is structured as a business and is guided through decisions made by student committees (finance, operations, production, and marketing committees). Each committee investigates the feasibility of a desired enterprise before coming together to make a final decision. The course was offered for the first time in 2011.

Soil properties of western Wright Valley, Antarctica

Western Wright Valley, from Wright Upper Glacier to the western end of the Dais, can be divided into three broad geomorphic regions: the elevated Labyrinth, the narrow Dais which is connected to the Labyrinth, and the North and South forks which are bifurcated by the Dais. Soil associations of Typic Haplorthels/Haploturbels with ice-cemented permafrost at < 70 cm are most common in each of these geomorphic regions. Amongst the Haplo Great Groups are patches of Salic and Typic Anhyorthels with ice-cemented permafrost at > 70 cm. They are developed in situ in strongly weathered drift with very low surface boulder frequency and occur on the upper erosion surface of the Labyrinth and on the Dais. Typic Anhyorthels also occur at lower elevation on sinuous and patchy Wright Upper III drift within the forks. Salic Aquorthels exist only in the South Fork marginal to Don Juan Pond, whereas Salic Haplorthels occur in low areas of both South and North forks where any water table is > 50 cm. Most soils within the study area have an alkaline pH dominated by Na+ and Cl- ions. The low salt accumulation within Haplorthels/Haploturbels may be due to limited depth of soil development and possibly leaching.

(Table 3) Collembola species density and diversity in control and OTC plots near Abisco Research Station

Ecosystems at high northern latitudes are subject to strong climate change. Soil processes, such as carbon and nutrient cycles, which determine the functioning of these ecosystems, are controlled by soil fauna. Thus assessing the responses of soil fauna communities to environmental change will improve the predictability of the climate change impacts on ecosystem functioning. For this purpose, trait assessment is a promising method compared to the traditional taxonomic approach, but it has not been applied earlier. In this study the response of a sub-arctic soil Collembola community to long-term (16 years) climate manipulation by open top chambers was assessed. The drought-susceptible Collembola community responded strongly to the climate manipulation, which substantially reduced soil moisture and slightly increased soil temperature. The total density of Collembola decreased by 51% and the average number of species was reduced from 14 to 12. Although community assessment showed species-specific responses, taxonomically based community indices, species diversity and evenness, were not affected. However, morphological and ecological trait assessments were more sensitive in revealing community responses. Drought-tolerant, larger-sized, epiedaphic species survived better under the climate manipulation than their counterparts, the meso-hydrophilic, smaller-sized and euedaphic species. Moreover it also explained the significant responses shown by four taxa. This study shows that trait analysis can both reveal responses in a soil fauna community to climate change and improve the understanding of the mechanisms behind them.

Reglas y conciencia de las reglas : Significado, ontología y escepticismo

La tesis analiza dos objeciones corrientes a la interpretación del problema de las reglas por el Wittgenstein de Kripke: el PROBLEMA DE LA OBJETIVIDAD DE LA REGLA, ¿puede un individuo estar acertado en contra de la opinión comunitaria consensuada?; y el PROBLEMA DE LAS RELACIONES INTERNAS entre reglas y casos, presuntamente violentada por el rol de la noción de acuerdo en la misma. La estrategia general de la tesis es examinar las vías de ataque al lenguaje privado (LP) previas a la de Kripke. El contraste con las mismas permite conceptualizar adecuadamente la propuesta de Kripke, para mostrar que las objeciones mencionadas no se le aplican. En el marco de la tesis, comprendemos por LP a cualquier tesis que sostenga que las condiciones de significatividad del lenguaje pueden ser provistas por estados mentales subjetivos, p.e. creencias, de ahí el solapamiento de la tesis del lenguaje privado con el escepticismo epistemológico y con posiciones solipsistas, y la convicción de que la refutación del LP acarrea la ruina del escepticismo epistemológico. Hay dos versiones clásicas del argumento del LP. Las versiones epistemológicas (Malcom, Fogelin son los representantes que examinamos) derivan la imposibilidad del LP de la imposibilidad de establecer la verdad/corrección de un uso en el contexto de privacidad. La crítica a estas versiones (Ayer, thomson) muestra un círculo justificatorio entre oraciones subjetivas y objetivas. Las versiones semánticas (Kenny, Canfield, Tugendhat) intentan evitar el círculo, elucidando las presuposiciones que le subyacen. Esta respuesta no es satisfactoria ya que o bien regenera el círculo en un nuevo nivel, o bien no logran derrocar al círculo de la justificación. Con Stroud identificamos el fallo común de estas estrategias en el hecho de que en su intento de derrotar al escéptico-privatista, requieren o bien una PREMISA FÁCTICA que indica que conocemos, o bien la especificación del conocimiento como una NOTA DEFINICIONAL de los criterios/condiciones de significatividad que el argumento trascendental elucida en la pregunta del escéptico. Kripke impone un cambio de rumbo en el argumento, al plantear el desafío como una forma de ESCEPTICISMO SEMÁNTICO ONTOLÓGICO, el cual ya no se basa en las limitaciones cognitivas de la privacidad, sino justamente en las presuntas ventajas que presenta. El desafío de Kripke pregunta por las razones que podemos aportar para sostener que no ha ocurrido un cambio en el uso, lo cual equivale a preguntar ¿cómo sabes que tu uso actual CORRESPONDE con tu intención/significado previo? De la imposibilidad de responder a la cuestión clave del realismo clásico (correspondencia) en el caso del significado, Kripke concluye que no puede haber condiciones de verdad para las oraciones semánticas. Esto motiva una paradoja escéptica y una SOLUCIÓN ESCÉPTICA de la paradoja en términos de condiciones de aseverabilidad. Tener en cuenta el abandono de las condiciones de verdad es la clave para responder al problema de la objetividad, mientras que la forma del desafío y el funcionamiento de la concordancia en los juicios como base de atribución, es la clave para la solución del problema de las relaciones internas.