Optimal law enforcement under asymmetric information

In this paper, we focus on the problem created by asymmetric informationabout the enforcer's (agent's) costs associated to enforcement expenditure. This adverse selection problem affects optimal law enforcement because a low cost enforcer may conceal its information by imitating a high cost enforcer, and must then be given a compensation to be induced to reveal its true costs. The government faces a trade-off between minimizing the enforcer's compensation and maximizing the net surplus of harmful acts. As a consequence, the probability of apprehension and punishment is usually reduced leading to more offenses being committed. We show that asymmetry of information does not affect law enforcement as long as raising public funds is costless. The consideration of costly raising of public funds permits to establish the positive correlation between asymmetry of information between government and enforcers andthe crime rate.

Insurance and safety after September 11, 2001: Coming to grips with the costs and threats of terrorism

This chapter, originally written as a consequence of the terrorist attacksof September 11, 2001, provides an elementary, everyday introduction tothe concepts of risk and insurance. Conceptually, risk has two dimensions:a potential loss, and the chance of that loss being realized. People can,however, transfer risk to insurance companies against the payment ofso-called premiums. In practice, however, one needs accurate assessmentsof both losses and probabilities to judge whether premiums are appropriate.For many risks, this poses little problem (e.g., life insurance); however,it is difficult to assess risks of many other kinds of events such as actsof terrorism. It is emphasized, that through evolution and learning, peopleare able to handle many of the common risks that they face in life. Butwhen people lack experience (e.g., new technologies, threats of terrorism),risk can only be assessed through imagination. Not surprisingly, insurancecompanies demand high prices when risks are poorly understood. In particular,the cost of insurance against possible acts of terrorism soared afterSeptember 11. How should people approach risk after the events of that day?Clearly, the world needs to protect itself from the acts of terrorists andother disturbed individuals. However, it is also important to address the root causes of such antisocial movements. It is, therefore, suggested thatprograms addressed at combatting ignorance, prejudice, and socialinequalities may be more effective premiums for reducing the risk ofterrosrtism than has been recognized to date.

A model of conglomeration and synergy traps

We present a model of conglomeration motivated by technology synergies and strategic reductions in variable costs in the face of competitive pressures. The resulting firm integration is neither horizontal nor vertical but rather congeneric integration of firms in related industries. We endogenize the industrial conglomeration structure and examine the effects of competition between conglomerates, and between a conglomerate and independent firms. We show that there is an equilibrium synergy trap in which conglomerates are formed to exploit economies of scope, but resulting profits are lower than under the status quo. We also show that strategic firm integration can occur even in the presence of diseconomies of scope. The model helps to explain features of recent mergers and acquisitions experience.

Creació d'un programa de rentat industrial amb Visual Basic

Treball de recerca realitzat per alumnes d’ensenyament secundari i guardonat amb un Premi CIRIT per fomentar l'esperit científic del Jovent l’any 2010. L’objectiu del treball ha consistit a desenvolupar un programa informàtic per controlar les fases d'un procés de rentat industrial.

Report on the Iowa Industrial New Jobs Training Program (NJTP) for the period July 1, 2000 through June 30, 2008

Report on the Iowa Industrial New Jobs Training Program (NJTP) for the period July 1, 2000 through June 30, 2008

Audit report on America’s Agricultural Industrial Heritage Landscape, Inc., d/b/a Silos and Smokestacks National Heritage Area, in Waterloo, Iowa for the years ended December 31, 2008 and 2007

Audit report on America’s Agricultural Industrial Heritage Landscape, Inc., d/b/a Silos and Smokestacks National Heritage Area, in Waterloo, Iowa for the years ended December 31, 2008 and 2007

Captura incidental de la flota industrial entre Casma y Pucusana. 2000-2002

Se determina el nivel de la captura incidental (CI) en las operaciones de la pesca pelágica industrial. Los recursos costeros capturados por la flota industrial generalmente se encontraron distribuidos dentro de la franja costera de 10 mn. En este período, entre Casma y Pucusana la flota industrial capturó un total de 6.401 t de recursos costeros, constituidos principalmente de lorna (76,5%), pejerrey (9,2%) y pampanito pintado (9,1%). La incidencia de juveniles de lorna en el 2001 fue 70,8% y de pejerrey 84,8%. Por puertos, el mayor desembarque de CI comparado con captura total se registró en Supe (32,9%), Huacho (26,1%) y Chancay (23,9%). El 2001 fue el más representativo en desembarques, se registró un total de 126 E/P industriales operando dentro de las 5 mn de la costa en esta zona de estudio.

Adaptació a l’EEES de les assignatures experimentals troncals de la titulació d'Enginyeria Tècnica Industrial en Química Industrial de l'EUETIT

L'objectiu d'aquest projecte s'ha centrat en l'estructuració coordinada del programa del bloc d'assignatures experimentals troncals de la titulació d'Enginyeria Tècnica en Química Industrial, amb especial atenció a la introducció i implementació de forma progressiva de determinades competències transversals com: treball en grup, comunicació oral i escrita i gestió del treball i del temps. Aquestes competències es corresponen amb les definides en la proposta del perfil de formació de la titulació en Enginyeria Química de la EUETIT i aquesta experiència presenta una proposta per a la seva implementació a través de les quatre assignatures experimentals troncals de la titulació en Química Industrial.L'experiència ha suposat una millora de la coordinació i qualitat de les assignatures del bloc experimental ja que aquest procés d'adaptació ha motivat la programació coordinada de cadascuna d'aquestes assignatures en una línia més coherent amb el que hauria de ser la docència en el nou marc del EEES, potenciant els següents aspectes: i) la definició dels objectius formatius de l'assignatura, incloent els de caràcter transversal, ii) la definicióadequada i ajustada al temps assignat a cada assignatura del pla d'activitats presencials i no presencials del curs, iii) la planificació d'un protocol de recollida de dades sobre la marxa del curs, la satisfacció dels estudiants i el temps de dedicació dels estudiants a les tasques delprograma, iv) el seguiment de les assignatures mitjançant l'elaboració d'un informe periòdic d'anàlisi i millora de l'assignatura, iv) l'adequació del Campus Digital de l'assignatura per a la difusió d'informació i una comunicació eficaç amb els estudiants.

Report on Impacts and Costs of the Iowa Low-Income Weatherization Program, 2001

This report summarizes state and utility low-income weatherization program activity for households weatherized to completion during calendar year 2001. The report includes state, utility, and agency summaries of calendar year 2001 spending and impacts by measure, end-use, and fuel.

Report on Impacts and Costs of the Iowa Low-Income Weatherization Program: Executive Summary 2001

This report summarizes state and utility low-income weatherization program activity for households weatherized to completion during calendar year 2001. The report includes state, utility, and agency summaries of calendar year 2001 spending and impacts by measure, end-use, and fuel.

Report on Impacts and Costs of the Iowa Low-Income Weatherization Program: Executive Summary 2001

This report summarizes state and utility low-income weatherization program activity for households weatherized to completion during calendar year 2001. The report includes state, utility, and agency summaries of calendar year 2001 spending and impacts by measure, end-use, and fuel.

Report on Impacts and Costs of the Iowa Low-Income Weatherization Program: Executive Summary 2003

This report summarizes state and utility low-income weatherization program activity for households weatherized to completion during calendar year 2001. The report includes state, utility, and agency summaries of calendar year 2001 spending and impacts by measure, end-use, and fuel.

Report on Impacts and Costs of the Iowa Low-Income Weatherization Program, 2003

This report summarizes state and utility low-income weatherization program activity for households weatherized to completion during calendar year 2003. The report includes state, utility, and agency summaries of calendar year 2003 spending and impacts by measure, end-use, and fuel. The base data consisted of statewide program tracking databases of spending and measure installations for households completed during the calendar year 2003..