We review calculations of the radiative corrections to the Z” resonance, and we show that while the radiative corrections are quite large, they can be calculated and incorporated into the comparison with experiment so that there will be no significant theoretical uncertainties on the measurements of the 2’ mass and width at SLC and LEP. We compare calculations based on matrix elements and struc...

We consider a model of on-the-job search where firms offer long-term wage contracts to workers of different ability. Firms do not observe worker ability upon hiring but learn it gradually over time. With sufficiently strong information frictions, low-wage firms offer separating contracts and hire all types of workers in equilibrium, whereas high-wage firms offer pooling contracts designed to re...

Copyright © by Houghton Mifflin Harcourt Publishing Company All rights reserved. No part of this work may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying or recording, or by any information storage or retrieval system, without the prior written permission of the copyright owner unless such copying is expressly permitted by federal copyr...

This paper shows that asymmetric information between lenders and borrowers plays a crucial role in the existence of interactions between ̄nancial decisions and output market strategies. Lenders o®er an optimal, renegotiation-proof ̄nancial contract which resembles a standard debt contract. Computing Cournot equilibria, debt causes ̄rms to compete less aggressively: the usual (positive) limited ...

Service-oriented computing as a concept for providing interoperability and flexibility within heterogeneous environments has gained much attention within last years. Dynamically integrating external Web services into enterprise applications requires automatic contracting between service requestors and providers and automatic contract monitoring. This paper suggests semi-automatic approach since...

In this document we define a contract in the context of the GrADS project and describe the current software infrastructure for creating and monitoring contracts. The mechanisms presented are quite flexible and support a wide range of contract specification and verification implementations. This flexibility allows for experimentation to identify the types of contracts that are most effective for...

Establishing and prioritising the factors that may influence the final contract price when responding to a call for tenders is crucial for proper risk analysis and reliable forecasting; it could make or mar the ability to achieve expected profit margin in an era of lump sum fixed price contracts where clients often contest variation claims. In New Zealand, these factors have not been researched...

Revenue-sharing contracts are a kind of mechanism aimed at improving performance and achieving precise coordination of the supply chain. In this paper, we analyse and develop the revenue-sharing contract model of the three-level supply chain with distributor’s sales effort dependent demand. The paper discusses the impacts of sales efforts on coordination of the supply chain and explains the rea...

Muscle strain is one of the most common injuries, resulting in a decreased range of motion (ROM) in this group of muscles. Systematic stretching over a period of time is needed to increase the ROM. The purpose of this study was to determine if whole-body vibration (WBV) training would have a positive effect on flexibility training (contract-release method) and thereby on the ROM of the hamstrin...