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One Implication (one + implication)
Selected AbstractsLandslide inventories and their statistical propertiesEARTH SURFACE PROCESSES AND LANDFORMS, Issue 6 2004Bruce D. Malamud Abstract Landslides are generally associated with a trigger, such as an earthquake, a rapid snowmelt or a large storm. The landslide event can include a single landslide or many thousands. The frequency,area (or volume) distribution of a landslide event quanti,es the number of landslides that occur at different sizes. We examine three well-documented landslide events, from Italy, Guatemala and the USA, each with a different triggering mechanism, and ,nd that the landslide areas for all three are well approximated by the same three-parameter inverse-gamma distribution. For small landslide areas this distribution has an exponential ,roll-over' and for medium and large landslide areas decays as a power-law with exponent -2·40. One implication of this landslide distribution is that the mean area of landslides in the distribution is independent of the size of the event. We also introduce a landslide-event magnitude scale mL = log(NLT), with NLT the total number of landslides associated with a trigger. If a landslide-event inventory is incomplete (i.e. smaller landslides are not included), the partial inventory can be compared with our landslide probability distribution, and the corresponding landslide-event magnitude inferred. This technique can be applied to inventories of historical landslides, inferring the total number of landslides that occurred over geologic time, and how many of these have been erased by erosion, vegetation, and human activity. We have also considered three rockfall-dominated inventories, and ,nd that the frequency,size distributions differ substantially from those associated with other landslide types. We suggest that our proposed frequency,size distribution for landslides (excluding rockfalls) will be useful in quantifying the severity of landslide events and the contribution of landslides to erosion. Copyright © 2004 John Wiley & Sons, Ltd. [source] Unanticipated impacts of spatial variance of biodiversity on plant productivityECOLOGY LETTERS, Issue 8 2005Lisandro Benedetti-Cecchi Abstract Experiments on biodiversity have shown that productivity is often a decelerating monotonic function of biodiversity. A property of nonlinear functions, known as Jensen's inequality, predicts negative effects of the variance of predictor variables on the mean of response variables. One implication of this relationship is that an increase in spatial variability of biodiversity can cause dramatic decreases in the mean productivity of the system. Here I quantify these effects by conducting a meta-analysis of experimental data on biodiversity,productivity relationships in grasslands and using the empirically derived estimates of parameters to simulate various scenarios of levels of spatial variance and mean values of biodiversity. Jensen's inequality was estimated independently using Monte Carlo simulations and quadratic approximations. The median values of Jensen's inequality estimated with the first method ranged from 3.2 to 26.7%, whilst values obtained with the second method ranged from 5.0 to 45.0%. Meta-analyses conducted separately for each combination of simulated values of mean and spatial variance of biodiversity indicated that effect sizes were significantly larger than zero in all cases. Because patterns of biodiversity are becoming increasingly variable under intense anthropogenic pressure, the impact of loss of biodiversity on productivity may be larger than current estimates indicate. [source] Estimating age and season of death of pronghorn antelope (Antilocapra americana Ord) by means of tooth eruption and wearINTERNATIONAL JOURNAL OF OSTEOARCHAEOLOGY, Issue 3 2001Patrick M. Lubinski Abstract Age and season of death information for prey animals at archaeological sites can address issues such as season of site occupation and prey hunting or harvesting strategies. Unfortunately, adequate reference information for estimating age and season is lacking for many wild species, including pronghorn antelope. To address this problem, new methods of scoring tooth eruption and wear have been developed and have been applied to a sample of over 500 pronghorn mandibles to obtain improved eruption and wear schedules. One implication of this study is that ,age class discreteness' is an unreliable method for demonstrating mass mortality of prey. This study provides a much larger comparative sample than previously available, although larger known-age mandible samples are still needed for pronghorn and many other wild species. Copyright © 2001 John Wiley & Sons, Ltd. [source] Highly Valued Equity and Discretionary AccrualsJOURNAL OF BUSINESS FINANCE & ACCOUNTING, Issue 1-2 2010Robert E. Houmes Abstract:, Overvalued equity provides a strong incentive for managers to report earnings that do not disappoint the market ( Jensen, 2005). We find that this can be extended to highly valued equity more generally. In the year following the classification as highly valued and compared to firms with less extreme valuations, highly valued firms have significantly higher discretionary accruals and exhibit a more pronounced positive association between discretionary accruals and proxies for the likelihood of failing to meet earnings targets. These findings are consistent with the use of discretionary accruals to manage earnings in support of extreme valuation. Because highly valued equity will likely result in CEOs with valuable stock and stock option portfolios, we test whether and show that the overvalued equity incentive is incremental to a CEO's equity portfolio incentive. One implication is that directors and audit committees should be especially on guard for possible earnings management when a firm has extremely high valuation multiples and when the CEO has a lot of equity at risk. [source] Firm, market, and regulatory factors influencing innovation and commercialization in Canada's functional food and nutraceutical sectorAGRIBUSINESS : AN INTERNATIONAL JOURNAL, Issue 2 2008Deepananda Herath Factors influencing the development and commercialization of functional food and nutraceutical (FFN) products are explored. Count data models are developed to relate firm, market, and regulatory covariates to the number of FFN product lines firms have under development, on the market, and in total. Canadian firm-level innovation data were taken from Statistics Canada (2003) Functional Food and Nutraceutical Survey. Firms involved in product development/scale-up had more product lines in total and on the market. Firms with a strong and positive perception of the impact of regulatory reform related to generic health claims and harmonization of Canadian regulations with U.S. regulations had fewer product lines in total and on the market. Firms with more positive perceptions of the business impact of structure and function health claims had more product lines on the market. One implication of the study is the importance of developing policies and reforming regulations which better enable use of generic health claims on FFN products. Further, policies which better enable or foster development/scale-up of product lines would increase the Canadian FFN sector's ability to develop new products. [EconLit: O130, L500, Q180]. © 2008 Wiley Periodicals, Inc. [source] Firm Performance, Governance Structure, and Top Management Turnover in a Transitional Economy*JOURNAL OF MANAGEMENT STUDIES, Issue 6 2006Michael Firth abstract Recent research has argued that political and regulatory environments have a significant impact on corporate governance systems. In particular, countries with poor investor protection laws and weak law enforcement have low levels of corporate governance that manifests itself in substandard financial performance, management entrenchment, and the expropriation of minority shareholders. One implication of this research is that China will have poor corporate governance and entrenched managers as its legal system is relatively underdeveloped and inefficient. However, using data on top management turnover in China's listed firms, our results refute the prediction of entrenched management. We find evidence of very high turnover of company chairmen and there are many cases that we interpret to be forced departures. Our results show that chairman turnover is related to a firm's profitability but not to its stock returns. Turnover-performance sensitivity is higher if legal entities are major shareholders but the proportion of non-executive directors perversely affects it. We find no evidence that profitability improves after a change in chairman and this suggests that a firm's governance structure is ineffective as it is unable to recruit suitable replacements that can turn around its financial performance. [source] Differential fragmentation patterns of pectin oligogalacturonides observed by nanoelectrospray quadrupole ion-trap mass spectrometry using automated spectra interpretationJOURNAL OF MASS SPECTROMETRY (INCORP BIOLOGICAL MASS SPECTROMETRY), Issue 4 2007Kudzai E. Mutenda Abstract Oligogalacturonides of different degrees of polymerization (DP) and methyl esterification (DE) were structurally analyzed by nanoESI quadrupole ion-trap mass spectrometry. The fragmentation patterns of the oligogalacturonides were compared using the program ,Virtual Expert Mass Spectrometrist' (VEMS) for structural annotation. In the analyzed oligogalacturonides of lower DP, the generation of C/Y ions, i.e. ions retaining the glycosidic oxygen, was higher than that of B/Z ions. In general, with oligogalacturonides of higher DP, the B/Z ions were generated more abundantly. Oligogalacturonides with free carboxylic acid groups underwent higher water loss compared to fully methyl-esterified oligogalacturonides under the same fragmentation conditions. Cross-ring cleavage, in which fragmentation occurs across the ring system of the galacturonate residue and signified by unique mass losses, was observed to be higher in fully methyl-esterified oligogalacturonides than in non-methyl-esterified ones. This study demonstrates the different fragmentation patterns of oligogalacturonides as influenced by the presence or absence of methyl ester groups. For a detailed analysis of unknown oligogalacturonides, cross-ring fragmentation gives more structural information than glycosidic bond cleavage. One implication of this is that more structural information is obtained when analyzing methyl-esterified oligogalacturonides than non-methyl-esterified ones in an ion-trap instrument. This is of particular importance in pectin chemistry, where mass spectrometry has become the technique of choice for structural determination. Although this study was not designed to explain the mechanisms of oligogalacturonide fragmentation, possible explanations for why non-methyl-esterified oligogalacturonides undergo more water loss than methyl-esterified ones will be postulated. In addition, the VEMS program was extended to automatically interpret and assign the fragment ions peaks generated in this study. Copyright © 2007 John Wiley & Sons, Ltd. [source] HOMEOWNERSHIP IN AN UNCERTAIN WORLD WITH SUBSTANTIAL TRANSACTION COSTS,JOURNAL OF REGIONAL SCIENCE, Issue 5 2007Margaret H. Smith ABSTRACT This paper presents a dynamic model of residential real estate tenure decisions that takes into account the substantial transaction costs and the uncertain time paths of rents and prices. By temporarily postponing decisions, buyers and sellers obtain additional information and may avoid transactions that are costly to reverse. One implication is that the combination of high transaction costs and substantial uncertainty can create a large wedge between a household's reservation prices for buying and selling a home, which can explain why households do not switch back and forth between owning and renting as home prices fluctuate. [source] The Value of Secondary School Quality*OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 3 2003Leslie Rosenthal Improving the quality of state-funded secondary school education has become a major policy aim in the UK. However, without a valuation of the social benefits derived from public provision of educational services, the rational evaluation of policy to this end is difficult. Utilizing the argument that dwellings near better schools command a price premium, this paper presents results from an empirical exercise aimed at providing such a social valuation of increased school quality. Using a large set of data for England, and an instrumental variable approach, results indicate an elasticity of dwelling purchase price with respect to exam performance by schools at around +0.05. One implication is that society would value a general increase of five percentage points in exam performance by about £450 million per annum. [source] Forensic Science, Wrongful Convictions, and American Prosecutor DiscretionTHE HOWARD JOURNAL OF CRIMINAL JUSTICE, Issue 1 2008DENNIS J. STEVENS This exploratory research will show that neither forensics or its fictionalised (CSI Effect) accounts, nor substantial evidence secured by police investigators, shape prosecutor decisions to charge a suspect with a crime, which can often result in freeing guilty suspects and convicting innocent individuals. In the summer of 2006, 444 American prosecutors responded to a survey. The findings reveal that judges, juries, and defence lawyers are influenced more by prime-time American drama forensic accounts than by the substantial documented evidence of a case. It was also discovered that regardless of the dangerous apprehension of violent criminals by the police, some suspects are never charged because of faulty prosecutor behaviour. One implication of these findings is that police officer alienation from the legal system is at an all-time high, and that prosecutors lack professional supervision and personal motivation to represent the ,people', giving rise to vast human and legal rights violations of suspects and defendants. [source] Food choices and habitat use by the Tana River yellow baboons (Papio cynocephalus): a preliminary report on five years of dataAMERICAN JOURNAL OF PRIMATOLOGY, Issue 5 2009Vicki K. Bentley-Condit Abstract The Tana River Primate National Reserve, Kenya (TRPNR) yellow baboons' (Papio cynocephalus) long-term habitat usage and food preferences are relatively under-reported. The author presents a preliminary food catalog and analyses of 5 years of data (January 88,October 92; n=55 mo; 875 observation days; 4,893 hourly scans) for the Mchelelo troop (x,=75 individuals). The author predicted that the TRPNR baboons would spend more time on the much larger savanna, show a seasonal preference for fruits/seeds, and show rainfall-influenced food preferences. Although more time was spent on the proportionately larger savanna than in the forests, more than 42% of the observations occurred in forests that accounted for only 8.7% of the area regularly used by the baboons. Fruits/seeds consumption was high throughout the period and a significantly higher proportion of each month's observations reflected fruits/seeds rather than grasses/herbs/corms consumption. Two forest species' (Phoenix reclinata and Hyphaene compressa) were particularly important. Regression analysis showed fruits/seeds consumption predicted most of the grasses/herbs/corms consumption variance. There was no statistical difference in rainy vs. non-rainy season fruits/seeds or grasses/herbs/corms consumption. One implication of these data is the baboons' potential impact on the critically endangered Tana River mangabeys (Cercocebus galeritus), which also rely heavily on P. reclinata and H. compressa. Another is what the "savanna" designation may or may not tell us about baboons. Am. J. Primatol. 71:432,436, 2009. © 2009 Wiley-Liss, Inc. [source] | ||||||||||||||||