We provide a rationale for the use for credit ratings even when ratings contain no new information about a risky security (such as in the case of sovereign debt). In our model, an investor contracts with an manager who invests in a risky bond. The bond’s return depends in part on the state. The state is known to both investor and manager, but unverifiable to a third party and therefore non-cont...

The introductory address at the conference on Adapting to Change-Auditing in the New Millenium organized by the Association of Defence Auditors at the Conference Centre in Ottawa in June 1998. This slightly modified version of the address is to be published in the proceedings of the Conference " ... the right to determine " Put down the bloody musket; what behavior is acceptable it's not a duck...

The medial prefrontal cortex (mPFC) has been consistently implicated in autobiographical memory recall and decision making. Its function in decision making tasks is believed to relate to value representation, but its function in autobiographical memory recall is not yet clear. We hypothesised that the mPFC represents the subjective value of elements during autobiographical memory retrieval. Usi...

The recent point-counter-point exchange arising from the article by Mendez-Villanueva and Buchheit (Mendez-Villanueva A, & Buchheit M. (2013) Football-specific fitness testing: adding value or confirming the evidence? Journal of Sports Sciences, 31, 1503-1508) generated an interesting debate on the real world utility of fitness testing in professional association football (soccer). In the prese...

Morphbank users are actively collaborating on the creation of information that represents the associations among images and related biodiversity data objects. This demo will explain the Morphbank annotation tool and data models and give examples of how users create structured information in the system. Schematized annotation provides biologists with a flexible framework to create semantically-r...

National health care reform and scrutiny on rising health care costs have created a climate in which health care providers must improve the value, or quality per cost, of patient care. Radiology in particular is at an important crossroads given the heavy use of imaging and the associated large percentage of health care expenditures. At this critical juncture, it is important for radiologists to...

Sound Pryer augments traffic encounters with streaming audio. It is a collaborative car stereo allowing sharing brief and transient musical experiences among drivers. It is a peer-to-peer application for PDAs capable of wireless ad-hoc networking. We have identified seven issues concerning, studying entertaining mobile applications, the control of and the spontaneity of traffic encounters, driv...

TheWeb is probably the largest collection of digital resources ever built, and it maintains it’s continuous growth. But this large collection is not a digital library, according to the most accepted sense, since it lacks some fundamental mechanisms. While it is possible to create and maintain a structured site, with powerful cataloging mechanisms and information retrieval, in a way that can be ...

The role of the Australian Nurse Practitioner (NP) is in its infancy and at a crossroads where extensive research demonstrates effective quality care and yet the role remains underrecognised and underutilised. The translation of practice into "value" is critical for the sustainability of NP roles and requires the practitioner to adopt a systematic method of inquiry. Kim's (1999) "Critical Refle...

abstract             this study was conducted to investigate the effects of different levels of yeast and molasses on chemical composition and nutritional value of artiplex lentiformis silage. the levels of yeast include: zero (control), 2.5 and 5 g/kg dry matter and levels of molasses include: zero (control), 10 and 15 percent that were added to atriplex and then ensiled. the experiment arrang...