Stochastic and Global Optimization

Stochastic and Global Optimization

Author: G. Dzemyda

Publisher: Springer Science & Business Media

Published: 2006-04-11

Total Pages: 238

ISBN-13: 0306476487

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In the paper we propose a model of tax incentives optimization for inve- ment projects with a help of the mechanism of accelerated depreciation. Unlike the tax holidays which influence on effective income tax rate, accelerated - preciation affects on taxable income. In modern economic practice the state actively use for an attraction of - vestment into the creation of new enterprises such mechanisms as accelerated depreciation and tax holidays. The problem under our consideration is the following. Assume that the state (region) is interested in realization of a certain investment project, for ex- ple, the creation of a new enterprise. In order to attract a potential investor the state decides to use a mechanism of accelerated tax depreciation. The foll- ing question arise. What is a reasonable principle for choosing depreciation rate? From the state’s point of view the future investor’s behavior will be rat- nal. It means that while looking at economic environment the investor choose such a moment for investment which maximizes his expected net present value (NPV) from the given project. For this case both criteria and “investment rule” depend on proposed (by the state) depreciation policy. For the simplicity we will suppose that the purpose of the state for a given project is a maximi- tion of a discounted tax payments into the budget from the enterprise after its creation. Of course, these payments depend on the moment of investor’s entry and, therefore, on the depreciation policy established by the state.


Sympathetic Attractions

Sympathetic Attractions

Author: Patricia Fara

Publisher: Princeton University Press

Published: 2014-07-14

Total Pages: 342

ISBN-13: 1400864364

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In this interdisciplinary study of eighteenth-century England, Patricia Fara explores how natural philosophers constructed magnetism as a science, appropriating the skills and knowledge of experienced navigators. For people of this period, magnetic phenomena reverberated with the symbolism of occult mystery, sexual attraction, and universal sympathies; in this maritime nation, magnetic instruments such as navigational compasses heralded imperial expansion, commercial gain, and scientific progress. By analyzing such multiple associations, Fara reconstructs cultural interactions in the days just prior to the creation of disciplinary science. Not only does this illustrated book provide a kaleidoscopic view of a changing society, but it also portrays the emergence of public science. Linking this rise in interest to the utility and mysteriousness of magnetism, Fara organizes her discussion into themes, including commercialization, imperialism, instruments and invention, the role of language, attitudes toward the past, and the relationship between religion and natural philosophy. Fara shows that natural philosophers, proclaiming themselves as the only true experts on magnetism, actively participated in massive transformations of English life. In their bids for public recognition as elite specialists, they engaged in controversies that resonated with religious, economic, moral, gender, and political implications. These struggles for social and scientific authority in the eighteenth century provide the background for better understanding the cultural topography of modern society. Originally published in 1996. The Princeton Legacy Library uses the latest print-on-demand technology to again make available previously out-of-print books from the distinguished backlist of Princeton University Press. These editions preserve the original texts of these important books while presenting them in durable paperback and hardcover editions. The goal of the Princeton Legacy Library is to vastly increase access to the rich scholarly heritage found in the thousands of books published by Princeton University Press since its founding in 1905.


Journal Publishing

Journal Publishing

Author: Gillian Page

Publisher: Cambridge University Press

Published: 1997-02-27

Total Pages: 423

ISBN-13: 0521441374

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Journal publishing involves such a variety of disciplines and types and levels of expertise, that a comprehensive professional guide is essential. Journal Publishing not only covers the questions those new to the business will need to ask, but also addresses the implications of new production and publication technologies which will be useful to even the most experienced journal publisher and editor/academic. Based on, and extending, the highly successful Journal Publishing: Principles and Practice (1987), this book covers all aspects of journal production, from editing, design, marketing and list management to electronic publication. An appendix covers tendering for journals; includes addresses of publishers' and editors' associations; provides a glossary of terms and acronyms, and a bibliography - making the book an indispensable desk-reference for all academic journal editors, contributors and publishers.


Red Fire

Red Fire

Author: Deidre Knight

Publisher: Penguin

Published: 2008

Total Pages: 404

ISBN-13: 9780451225382

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Searching the world for the other half of his soul, the woman who can release him from his immortal prison, Ajax Petrakos finally finds her in Shay Angel, the youngest of a powerful demon-hunting clan who draws the deadly attention of Ajax's worst enemy. Original.


The Emergence of Cinematic Time

The Emergence of Cinematic Time

Author: Mary Ann Doane

Publisher: Harvard University Press

Published: 2002-12-27

Total Pages: 303

ISBN-13: 0674007840

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Hailed as the permanent record of fleeting moments, the cinema emerged at the turn of the nineteenth century as an unprecedented means of capturing time--and this at a moment when disciplines from physics to philosophy, and historical trends from industrialization to the expansion of capitalism, were transforming the very idea of time. In a work that itself captures and reconfigures the passing moments of art, history, and philosophy, Mary Ann Doane shows how the cinema, representing the singular instant of chance and ephemerality in the face of the increasing rationalization and standardization of the day, participated in the structuring of time and contingency in capitalist modernity. At this book's heart is the cinema's essential paradox: temporal continuity conveyed through "stopped time," the rapid succession of still frames or frozen images. Doane explores the role of this paradox, and of notions of the temporal indeterminacy and instability of an image, in shaping not just cinematic time but also modern ideas about continuity and discontinuity, archivability, contingency and determinism, and temporal irreversibility. A compelling meditation on the status of cinematic knowledge, her book is also an inquiry into the very heart and soul of modernity.