In this paper, a dynamic terms of sale model is developed which suggests deep cash discounts can be partially explained by the positive relationship between the shadow value of sales and the optimal cash discount. The effect of sales volume uncertainty on the magnitude of cash discounts is also explored. Numerical results suggest the relationship between uncertainty and cash discounts is nonlin...

Vivian Stephenson directed information technology systems at numerous companies, including Target Corporation, as Executive Vice President and Chief Information Officer, and Williams-Sonoma, as Chief Operating Officer and Chief Information Officer. In 1994, Vivian was a recipient of the "Oscar" of information technology-the Smithsonian Institution and Computerworld Award-for developing the Plan...

LIBRARY TRENDS, Vol. 55, No. 3, Winter 2007 (“Libraries in Times of War, Revolution, and Social Change,” edited by W. Boyd Rayward and Christine Jenkins), pp. 570–582 © 2007 The Board of Trustees, University of Illinois Abstract As the United States was gearing up for war in 1940, San Diego, California, was one of the cities most affected by the increase in both military personnel and civilian ...

Over the last decade I have studied 115 healthcare organizations in II countries, examining them from the boardroom to the patient bedside. In that time, I have observed one critical element missing from just about every facility: a set of standards that could reliably produce zero-defect care for patients. This lack of standards is largely rooted in the Sloan management approach, a top-down ma...

ACKNOWLEDGEMENTS The HFSP Workshops were initiated by Michel Cuénod (Secretary-General, HFSPO) with the support of the Board of Trustees and the Council of Scientists. Lacquaniti (Rome) with the help of the HFSP staff. Our thanks go to the five co-editors who wrote the reports of the talks given at the meeting: These reports were edited into the present volume by Jennifer Altman (London). We th...

By JAMES C. SNYDER JR A fight between brothers of the Editor in Chief Kappa Sigma Fraternity and Police Department and the Wake Forest Public Safety Office said an off-duty officer should show his badge, which neither of the two men did. Head football coach Al Groh Despite a student protest which received extensive members of the athletic communimedia coverage and a petition submitted with well...

During the banquet, Hochster read his poem honoring Huneke. symbolic powers, homological methods, computational methods, tight closure, uniform bounds, and prime characteristic methods. He has mentored twenty-four PhD students and many postdocs; he has coorganized conferences, such as the Kansas-MissouriNebraska KUMUNU commutative algebra conference; he has served on the Executive Committee of ...

One of the challenges confronting the U.S. health care system is delivering high-value, effective therapies and clinical services that provide the best health outcomes. The 2016 Medicare Board of Trustees report projects the Medicare trust fund will become insolvent by 2028.1 The U.S. ranks last amongst industrialized countries in cost, quality and health equity.2 The Affordable Care Act (ACA),...

lections and Services,” edited by Ciara Healy), pp. 349–357 © 2010 The Board of Trustees, University of Illinois Abstract This article provides responses to five copyright scenarios—institutional pricing, the face-to-face classroom, video copying and replacement, film clips and streaming video—that are frequently faced by librarians who manage and acquire media. Copyright is a particularly comp...

Relying on a present value model with time-varying expected returns, and incorporating a quite general class of processes to model bubble-like stock price deviations from the long-run equilibrium, we provide empirical evidence on the U.S. log dividend–price ratio over the 1871:1–2001:9 period, as well as for several sub-periods. The application of a momentum threshold autoregressive technique d...