3 Justifications for Altering Quotations

3 Justifications for Altering Quotations 3 Justifications for Altering Quotations 3 Justifications for Altering Quotations By Mark Nichol Generally, writers should not change the wording in quotations, but quotations that lack context or that include a gratuitous word or phrase should be repaired, as shown in the following examples. 1. â€Å"Without those tools, she said, ‘It’s as if years ago we had given them a pencil to write the essay and took away the eraser.’† When a partial paraphrase is inserted before a quotation to provide clarity or additional information, lowercase the first letter of the first word of the quotation even if it was originally a complete sentence: â€Å"Without those tools, she said, ‘it’s as if years ago we had given them a pencil to write the essay and took away the eraser.’† 2. â€Å"It [the fire] was both a setback and a great relief,† he later remarked. Avoid introducing a bracketed noun or noun phrase to specify what an ambiguous pronoun refers to in a quote. Instead, use the noun or noun phrase in a paraphrase and omit the pronoun from the partial quotation that follows: â€Å"The fire, he later remarked, ‘was both a setback and a great relief.’† 3. â€Å"I think it’s important to recognize that this issue is not a, quote, distraction,† she added. Omit, without comment, a speaker’s or writer’s use of the word quote (or the phrase â€Å"quote, unquote†) to signal emphasis or skeptical or ironic usage; simply frame the emphasized word or phrase in single quotation marks: â€Å"‘I think it’s important to recognize that this issue is not a â€Å"distraction,†Ã¢â‚¬â„¢ she added.† Want to improve your English in five minutes a day? Get a subscription and start receiving our writing tips and exercises daily! Keep learning! Browse the Punctuation category, check our popular posts, or choose a related post below:100 Beautiful and Ugly WordsAcronym vs. Initialism15 Names and Descriptions of Effects

Free Essays on Art & Dreams

, phrases, context, to arrive at an understanding of what is communicated verbally or in writing. If we could watch this process taking place, we would observe a constant searching and rejection of non-hits, a lining up of possibilities, and a bringing to the forefront of what we sense are highest probabilities. Our mind/brain is a flashing loom of connections, a constantly moving wonderful network of links between billions of cells. This flashing creative network that constitutes the miraculous background to our responses, our feelings, our thoughts and spontaneous fantasies and dreams, is constantly forming patterns from the multitude of experiences we have. It constantly tries to match these patterns against what is already known or learnt. It draws out from the chaos of memory and incoming experience whatever it can liken to what was met in the past. What it can~t match it tries to put into some sort of order or to give a form to. And within all this constant activity the search for personal meaning goes on - Who or what am I? How can I survive? Is there a way ....?Out of such a profoundly integral search for meaning, as artist, writer, musician, we may project the subtle forms of our inner meanings into the art form we use. We may create shapes, places, people, and feelings. Out of the flashing web of our own sentience we create life - our life - with its own conceptions of what it is to exist, what it is to love or hate, to strive or fail.Even the most modern of dream theories agree that it is out of the fathomless depths of our drive to give meaning to impressions, that we create dreams. It is out of the barely formed impressions and understanding of the dreaming impulse that we create and live. In fact many artists of every discipline - and I now u... Free Essays on Art & Dreams Free Essays on Art & Dreams We are constantly giving meaning to a torrent ofimpressions that we meet through our senses and from within us. We give form to raw experience. We scan our enormous experience of words, phrases, context, to arrive at an understanding of what is communicated verbally or in writing. If we could watch this process taking place, we would observe a constant searching and rejection of non-hits, a lining up of possibilities, and a bringing to the forefront of what we sense are highest probabilities. Our mind/brain is a flashing loom of connections, a constantly moving wonderful network of links between billions of cells. This flashing creative network that constitutes the miraculous background to our responses, our feelings, our thoughts and spontaneous fantasies and dreams, is constantly forming patterns from the multitude of experiences we have. It constantly tries to match these patterns against what is already known or learnt. It draws out from the chaos of memory and incoming experienc e whatever it can liken to what was met in the past. What it can~t match it tries to put into some sort of order or to give a form to. And within all this constant activity the search for personal meaning goes on - Who or what am I? How can I survive? Is there a way ....?Out of such a profoundly integral search for meaning, as artist, writer, musician, we may project the subtle forms of our inner meanings into the art form we use. We may create shapes, places, people, and feelings. Out of the flashing web of our own sentience we create life - our life - with its own conceptions of what it is to exist, what it is to love or hate, to strive or fail.Even the most modern of dream theories agree that it is out of the fathomless depths of our drive to give meaning to impressions, that we create dreams. It is out of the barely formed impressions and understanding of the dreaming impulse that we create and live. In fact many artists of every discipline - and I now u...

What is a federal grant Case Study Example | Topics and Well Written Essays - 2000 words

What is a federal grant - Case Study Example Federal grants are not federal assistance or loans to individuals. A federal grant may not used to acquire property or services for the federal government's direct benefit. The 26 federal agencies offer over 1,000 grant programs annually in various categories. More than 1,000 grant programs are offered by the 26 federal grant-making agencies, and these programs fall into 21 categories. I would put together a grant committee and elect any of the categories below to learn more about specific grants and agencies. Some agencies may be listed in multiple grant categories. I would be on the grant writing committee while I was continuing my duties as a therapist on the outpatient unit. Indeed, it is my experiences on the outpatient unit that would allow me to present a convincing grant application. At this juncture, I do not require protection. The key here is to have the time for the committee and my clients. My clients come first, so I would stay after hours to effectuate the application. In applying for our grant I would have the committee begin a Letter of Intent which would cover the areas as explained below. A letter of inquiry clearly and concisely describes the project, its aims, its significance, its duration and the amount of funds required. The document should not be an excessive one, but it should include the following points.: What problem does your project address Why is this issue significant What is the relationship of the problem/issue to the Grantor's current program interests What strengths and skills does St. Luke's organization and personnel bring to this project What makes your organization the right one to conduct this project Who will lead the project I would identify key personnel and attach resumes. What does St. Luke's outpatient unit intend to demonstrate or prove We would intend to prove that therapy for the outpatient clinic is far more meaningful to the client and the therapist when there is a full staff of therapists. What means will St. Luke's use The means to be used by St. Luke's would be the funding and trained retired social workers. (Gebo, 2006) I select r etired social workers because they would have not only the certification and training for this project, they would have the time! What outcome does St. Luke's expect, both immediate and long term Thus, I am assisting with the grant letter of intent on my breaks between therapy sessions. 3. Persons that I Would Include On My Action Team and the Capital That They Bring I would bring in the Director of Finance, the Director of Administration and the Head of the Outpatient Program. The Director of Finance can specifically state what monies are needed and how they can be applied. The Director of Administration can discuss how to implement the money to the program so that the outpatient program gets the direct benefit of the grant. The director of the outpatient program is crucial because they know precisely how the grant should be applied to the program. They know at what points extra staff need to be hired and they know what credentials they require in the additional staff. (Gebo, 2006) 4. The Task of the Action

Critically appraise the fiscal strategy of the UK Conservative-Liberal Essay - 1

Critically appraise the fiscal strategy of the UK Conservative-Liberal Democrat Coalition government - Essay Example Amongst the compromises that the two parties made were their held fiscal policies, which have greatly affected the country to the present moment. The unresolved budgetary deficits, a weak economy and no framework for making a quick recovery for the economy can show this. When the recession hit Great Britain in the period 2007-2009, the Labour Government continued in its overspending in terms of the budget, which worsened the state of the public finances (Giudice, Kuenzel and Springbett, 2012, p. 22).   At the campaigns of the 2010 general election, the Conservatives promised faster action to curb borrowing in order to stabilize the economy. Through a new budget introduced on June 22, 2010 by the Chancellor of the Exchequer, the government planned to remove the deficit in the budget by the period 2014-2015. By this time, the amount of borrowing as a share of the GDP would have reduced, achieved through cuts in spending by a figure of 80% and increases in tax by 20%. This reassured the financial markets who continued to lend money and at the same time maintaining a low cost in the repayment of existing money owing. By doing this, the Conservatives had made a concession to their Liberal Democrats Coalition partners, which have led to several difficul ties with regard to the fiscal strategy and policy as originally made. The United Kingdom Conservative-Liberal Democrat Coalition Government aims at reducing the spending by the government so that the deficits that are in the budget are reduced. As already stated, it was initiated in the year 2010 with the main aim of achieving â€Å"cyclically-adjusted current balance by the end of the rolling, five-year forecast period†. This means that the intention of the fiscal policy was to have the austerity measures in place until the period 2015-2016, but this was pushed to 2018. What these austerity measures meant were

Quantitative Research Design Assignment Example | Topics and Well Written Essays - 1250 words

Quantitative Research Design - Assignment Example The researcher states that quantitative research design is further divided into two categories. The first category is the descriptive type of quantitative research which establishes only associations between variables. The second category is experiment quantitative research which establishes causality. These two types of quantitative research designs can be further categorized into specific designs. In experimental design, a researcher does more than just observe the subjects. Under the time series, one or more measurements are taken on all subjects before and after a treatment. However, one major problem may arise in time series. As Hopkins explained, some changes that can be observed in the experiment might be due to other than treatment. He presented that subjects might do better in the second test because of their experience in the first test. To give the solution to this problem, a crossover design can be used. Two population samples are needed in this design. The first populati on actually receives the actual treatment while the other population of the sample remains a reference. Hopkins added, â€Å"If the treatment effect is unlikely to wash out between measurements, a control group has to be used. In these designs, all subjects are measured, but only some of them, the experiment group, then receive the treatment. All subjects are then measured again, and the change in the experimental group is compared with the change in the control group.† Under such circumstance, a laboratory experimental design is under controlled condition. The study conducted by Anderson is considered a laboratory experiment in which the experimental groups were actually told not by the actual objective of the study. The experiment design is a single-controlled trial because the subjects are considered blind. In this regard, the researcher might be able to control the conditions better which makes the experiment more reliable. More so, this experiment can be replicated and c an establish cause and effect relationship.

Price Elasticity in Air Travel

Price Elasticity in Air Travel Introduction: Elasticity is define as the quality sth has being able to stretch and return to its original size and shape. (Oxford advanced learners dictionary 6th edition). In Physics elasticity is defined as the property of a substance that enables it to change its length, volume, or shape in direct response to a force effecting such a change and to recover its original form upon the removal of the force. (dictionaryreference.com). Suppose that your employer allows you to work extra hours more after your contracted hours for extra pay at the end of the month, the amount of extra money you will earn at the end of the month will depend on how much more extra hours you are able to work. Then how responsive you are to this offer can be seen as elasticity. Therefore I will define elasticity as the measure of degree of responsiveness of any variable to extra stimulus. From my example above elasticity can be calculated as Em = percentage of extra money you earn/percentage of extra hours worked. The concept of elasticity can be used to measure the rate or the exact amount of any change. In economics elasticity is used to measure the magnitude of responsiveness of a variable to a change in its determinants (sloman) such as (demand and supply) of goods and services. For the purpose of this essay am going to be examining the concept of elasticity of demand and supply in the airline industry. Types of Elasticity Price or own price Elasticity of demand Income elasticity of demand Cross elasticity Price or own price elasticity of demand It is the measure of the degree of sensitivity or responsiveness of quantity demanded is to a change in price of a product (Edgar.K. browing). Our assumption often is that all demand curves have negative slopes which means the lower the price the higher the quantity demanded but sometimes the degree of responsiveness vary from product to product. For example a reduction in the price of cigarettes might have only bring about a little increase in quantity demanded whereas a supermarket reduction in the price of washing up liquid will produce a big increase in quantity demanded The law of demand and even Common sense tells us that when prices change, the quantities purchased will change too. However, by how much? Businesses need to have more precise information than this they need to have a clear measure of how the quantity demanded will change as a result of a price change. Price elasticity is calculated as the percentage (or proportional or rate) of change in quantity demanded divided by the percentage (or proportional or rate) of change in its price. Symbolically: Pà Ã¢â‚¬Å¾D=%ΆQ/%à ¢Ã‹â€ Ã¢â‚¬  p Here à Ã¢â‚¬Å¾ denotes elasticity and à ¢Ã‹â€ Ã¢â‚¬   Graphically Elasticity measure in percentage because it allows a clear comparison of changes in qualitatively different things which are measured in two different units (sloman). It is the only sensible way of deciding how big a change in price or quantity, so their calls a unit free measurement. Generally when the prices of good increases the quantity demanded decreases, thus either of the number will be negative which after division will end up in a negative result, due to this fact we always ignore the sign and just concentrate on the absolute value, ignoring the sign to tell us how elastic demand is. The larger the elasticity of demand, the more responsive the quantity demanded is of elasticity. Degrees of elasticity Perfectly elastic Highly elastic Relatively elastic Relatively inelastic Highly inelastic Perfectly inelastic Elastic Demand Elastic demand occurs when quantity demanded changes by bigger percentage than price.(Sloman) Here customer has lot of other alternative. The value is always higher than 1, the change in quantity has a bigger effect on total consumer spending than in price. For example if there is a reduction in the price of a bottle of washing up liquid say from  £1.00 to 50p people will buy more probably to store up, in doing this they will end up spending more on the product than they will do on a normal day. An Inelastic Demand Elasticity in airline industry The airline industry is deeply impacted by the elasticity of demand, externalities, wage inequality, and monetary, fiscal, and federal policies. The elasticity of demand is based purely on current market conditions, thcustomers September 11th tragedy had a negative affect on the entire travel industry. It impacted the fiscal and monetary policies, supply and demand, and it created staffing problems nationwide. The rate of wage inequality is improving due to legislation that has created a pay increase in participating cities across the United States. The airline industry is viewed has being unstable because it is based on current market conditions, and the market is always changing. purpose for travel, and available substitutes. Externalities continue to influence the elasticity of demand. The Elasticity of Demand The airline industry is an extremely unstable industry because it is highly dependant upon current market conditions. Events such as inflation, terrorist attacks, and the price of oil have greatly influenced the demand for airline tickets throughout the years. Competition consistently affects the price of airline tickets because it gives the customer other options. Substitutes that are existence is traveling by train, car, or avoiding travel whenever possible. Customers have resorted to all named substitutes during turbulent times in our economy. The elasticity of demand is greatly affected by the customers purpose for travel. Airline customers typically fly for business or pleasure. With the wave of technology, a large percentage of business travel has been eliminated to conserve spending. Elasticity In the airline industry, price elasticity of demand is separated into two segments of consumers and is considered to be both elastic and inelastic. A good example of how elastic demand is related to the airline industry is in relation to travel for pleasure. Pleasure travellers will be affected by the amount of travel they do based on the demand increase or decrease, affected by prices that lower with high demand or prices that rise with low demand; directly attributed to competition in this market (Gerardi Shapiro, 2007). Inversely, the business traveller would apply to an inelastic demand for this market. This has shown by demand increases or decreases, as well as the price distribution attributed, which has little effect on the buying power of the business person (Gerardi Shapiro, 2007). Furthermore, Voorhees and Coppett (1981) explain that elastic demands exist for the pleasure traveler due to demand increase rising while prices lower and vise versa. The business traveler exper iences an inelastic demand due to the quantity of service demanded and quantity has not decreased as prices have risen. In other words, this travel is seen as a necessary business tool, not affected by price changes in the demand curve. As we have seen, the airline industry is extremely price elastic. Small shifts in prices have dramatic effects on the consumer base. Externalities, such as noise ordinances, can cause negative effects, driving cost upward and threatening loss in demand due to a price sensitive customer base. Since deregulation, competition in the economy have kept prices in the industry low and have caused airlines to force cuts in areas such as wages; contributing to a growing concern of wage inequality. Refrences: Gerardi, K., Shapiro, A. (2007, April). The Effects of Competition on Price Dispersion in the Airline Industry: A Panel Analysis. Working Paper Series (Federal Reserve Bank of Boston), 7(7), 1-46. Retrieved April 30, 2008, from Business Source Complete database. Mankiw, N. G. (2004). Principles of economics (3rd ed.). Chicago, IL: Thomson South-Western. Morrison, S., Watson, T., Winston, C. (1998). Fundamental Flaws of Social Regulation: The Case of Airplane Noise. Retrieved May 8, 2008, from http://www.brookings.edu/~/media/Files/rc/papers/1998/09_airplane_winston/09_airplane_winston.pdf Voorhees, R., Coppett, J. (1981, Summer). New Competition for the Airlines. Transportation Journal, 20(4), 78-85. Retrieved April 30, 2008, from Academic Search Premier database. The airline industry is a private good. Mankiw (2004), states that private goods are excludable and rival goods. One needs to see through the anti-trust laws and regulations that tempt some to call the industry a natural monopoly; airlines still reserve the right to administer price and destination. The airline industry shows that it is an excludable good by having the power to place prices on fares and having the ability to refuse service to any person for whatever the reason. The airline industry also shows that it is a rival good because when someone purchases fare for a seat, it diminishes the ability for another person to get a seat on the plane. Because the airline industry is a private good, in a competitive market place, prices, supply, and demand are very sensitive to new policies or tax incidences placed on them. Associated content.com viewd 18/11/10 WordPress.comThis phenomenal increase in the demand for domestic air travel is not surprising. Airfare is an expensive commodity that few people can afford or are willing to pay for it. Also, a typical consumer may not be able to avail such commodity regularly. It takes time for the consumer to demand for it again. In economics, this scenario is being explained by its ELASTICITY. The concept of elasticity is being referred as the responsiveness of the quantity demanded of a good or service to a change in its price, income, or cross price. This post will provide a better understanding on this matter, specifically the price elasticity. Analysis Below consists of indicators that determines the elasticity of a good/service. Domestic air travel has been employed as a sample commodity. Substitutes. (The more substitutes it has, the higher the elasticity.) Airlines have numerous substitutes such as land or sea transportation. Percentage of Income. (The higher the percentage that the products price is of the consumers income, the higher the elasticity.) Airfares are too expensive relative to household income. Necessity. (Basic goods have lower elasticity.) Airline tickets are luxury goods. Duration. (The longer a price change holds, the higher the elasticity.) Airline fare does not change for a long time. Breadth of Definition. (The broader the definition, the lower the elasticity.) Domestic airline travel has more specific definition than ordinary air transportation. 1. Introduction The purpose of this study is to report on all or most of the economics and business literature dealing with empirically estimated demand functions for air travel and to collect a range of fare elasticity measures for air travel and provide some judgment as to which elasticity values would be more representative of the true values to be found in different markets in Canada. While existing studies may include the leisure business class split, other important market distinctions are often omitted, likely as a result of data availability and quality.[3] One of the principal value added features of this research and what distinguishes it from other surveys, is that we develop a meta-analysis that not only provides measures of dispersion but also recognizes the quality of demand estimates based on a number of selected study characteristics. In particular, we develop a means of scoring features of the studies such as focus on length of haul; business versus leisure; international versus domestic; the inclusion of income and inter-modal effects; the age of the study; data type (time-series versus cross section) and the statistical quality of estimates (adjusted R-squared values). By scoring the studies in this way, policy makers are provided with a sharper focus to aid in judging the relevance of various estimated elasticity values.[4] 2. Elasticity in the Context of Air Travel Demand. Elasticity values in economic analysis provide a units free measure of the sensitivity of one variable to another, given some pre-specified functional relationship. The most commonly utilized elasticity concept is that of own-price elasticity of demand. In economics, consumer choice theory starts with axioms of preferences over goods that translate into utility values. These utility functions define choices that generate demand functions from which price elasticity values can be derived. Own-price elasticity of demand concept airtrav_2e.gif (1,979 bytes) Therefore elasticities are summary measures of peoples preferences reflecting sensitivity to relative price levels and changes in a resource-constrained environment. The ordinary or Marshallian demand function is derived from consumers who are postulated to maximize utility subject to a budget constraint. As a goods price changes, the consumers real income (which can be used to consume all goods in the choice set) changes. In addition the goods price relative to other goods changes. The changes in consumption brought about by these effects following a price change are called income and substitution effects respectively. Thus, elasticity values derived from the ordinary demand function include both income and substitution effects.[5] Own-price elasticity of demand measures the percentage change in the quantity demanded of a good (or service) resulting from a given percentage change in the goods own-price, holding all other independent variables (income, prices of related goods etc.) fixed. The ratio of percentage changes thus allows for comparisons between the price sensitivity of demand for products that might be measured in different units (natural gas and electricity for example). Arc price elasticity of demand calculates the ratio of percentage change in quantity demanded to percentage change in price using two observations on price and quantity demanded. Formally this can be expressed as: Equation(1) where: Equationrepresent the observed change in quantity demanded and price Equationrepresent the average price and quantity demanded. The elasticity is unitless and can be interpreted as an index of demand sensitivity; it is measuring the degree to which a variable of interest will change (passenger traffic in our case) as some policy or strategic variable changes (total fare including any added fees or taxes in our case). In the limit (when Equationare very small) we obtain the point own-price elasticity of demand expressed as: Equation(2) where: Q(P,S) is the demand function P = a vector of all relevant prices p = the goods own-price. q = equals the quantity demanded of the good S = a vector of all relevant shift variables other than prices (real income, demographic characteristics etc.) We expect own-price demand elasticity values to be negative, given the inverse relationship between price and quantity demanded implied by the law of demand, with absolute values less than unity indicating inelastic demand: a less than proportionate response to price changes (relative price insensitivity). Similarly, absolute values exceeding unity indicate elastic or more sensitive demand: a more than proportionate demand response to price changes (relative price sensitivity). The ratio of change in quantity demanded to change in price [equation (1)] highlights that elasticity measures involve linear approximations of the slope of a demand function. However, since elasticity is measuring proportionate change, elasticity values will change along almost all demand functions, including linear demand curves.[6] Estimation of elasticity values is therefore most useful for predicting demand responses in the vicinity of the observed price changes. As a related issue, analysts need to recognize that in markets where price discrimination is possible aggregate data will not allow for accurate predictions of demand responses in the relevant market segments. In air travel, flights by a carrier are essentially joint products consisting of differentiated service bundles that are identified by fare classes. However the yield management systems employed by full-service carriers (FSCs) also create a complex form of inter-temporal price discrimination, in which some fares ( typically economy class) decline and some increase (typically full-fare business class) as the departure date draws closer. This implies that ideally, empirical studies of air travel demand should separate business and leisure travellers or at least be able to include some information on booking times in order to account for this price discrimination, and that price data should be calibrated for inter-temporal price discrimination: for example, the use of full-fare economy class ticket prices as data will overestimate the absolute value of the price elasticity coefficient. Within the set of differentiated service bundles that comprise each (joint product) flight, the relative prices are important in explaining the relative ease of substitution between service classes. Given the nature of inter-temporal price discrimination for flights, the relative price could also change significantly in the time period prior to a departure time. The partial derivative in (2) indicates that elasticity measures price sensitivity independent of all the other variables in the demand function. However when estimating demand systems over time, one can expect that some important shift variables will not be constant. It is important that these shift variables be explicitly recognized and incorporated into the analysis, as they will affect the value of elasticity estimates. This will also be true with some cross-sectional studies or panels.[7] In particular changes in real income and the prices of substitutes or complements will affect demand. In air travel demand estimations, income and prices of other relevant goods should be included in the estimation equation. Alternative transportation modes (road and rail) are important variables for short-haul flights, while income effects should be measured for both short and long-haul. The absence of an income coefficient in empirical demand studies will result in own-price elasticity estima tes that can be biased. With no income coefficient, observed price and quantity pairs will not distinguish between movements along the demand curve and shifts of the demand curve.[8] The slope of a demand function, which affects the own-price elasticity of demand, is generally expected to decrease (become shallower) with: The number of available substitutes; The degree of competition in the market or industry; The ease with which consumers can search and compare prices; The homogeneity of the product; The duration of the time period analyzed.[9] Given the implied relationships above, any empirical demand study should carefully define market boundaries to include all relevant substitutes and complements and to exclude products that might be related through income or other more general variables. In air travel, ideally market segment boundaries should be defined by first separating leisure and business passengers and second long-haul and short-haul flights. The reason is that we expect different behaviour in each of these markets. Within each of these categories, distinctions should then be made between the following: Connecting and origin-destination (O-D) travel; Hub and non-hub airports;[10] Routes with dominant airlines and routes with low-cost carrier competition. In addition, for the North American context, long-haul flights should be further divided into international and domestic travel (within continental North America). These market segment boundaries are illustrated in figure 2.1 below, which also highlights the relative importance of intermodal competition for short-haul travel. While distinctions in price and income sensitivity of demand between business and leisure or long and short-haul travel are more intuitive, other distinctions are perhaps less obvious. If available, data that distinguishes between routes, airlines and airports would provide important estimates of how price sensitivity is related to the number of competing flights and the willingness to pay of passengers utilizing a hub-and-spoke network, relative to those traveling point-to-point, more commonly associated with low cost carriers. To the extent that existing studies assume that each passenger observation represents O-D travel, they will not be capturing fare premiums usually associated with hub-and-spoke networks and full service carriers, nor will they necessarily capture the complete itinerary of travellers utilizing a number of point-to-point flights with a low cost carrier. For example, a passenger who travels from Moncton to Vancouver with Air Canada, and utilizes the hub at Pears on International airport, is being provided with a number of services that includes baggage checked through to the final destination and frequent flyer points as well as a choice in flights and added flight and ground amenities. The fare for Moncton-Vancouver includes a premium for these services. Now consider a passenger that is travelling with WestJet from Moncton to Hamilton, and then with JetsGo from Toronto Pearson Airport to Vancouver. In this case there are no frequent flyer points to be attained and baggage has to be collected and re-checked after a road transfer between Hamilton and Pearson International. Although the origin and destination is the same for these passengers, the itineraries are significantly different. In many cases data used for demand estimates would not able to account for these differences. Route-specific data can also capture competition that may exist between airports and the services they offer as well as airlines. This may be especially true for certain short-haul routes where intermodal competition (road and rail) can play an important role in shaping air travel demand. 3. Measurement Issues Oum et al. (1992) provide a valuable list of pitfalls that occur when demand models are estimated and therefore affect the interpretation of the elasticity estimates from these empirical studies. 1. Price and Service Attributes of Substitutes: Air travel demand can be affected by changes in the prices and service quality of other modes. For short-haul routes (markets) the relative price and service attributes of auto and train would need to be included in any model; particularly for short-haul markets. Failure to include the price and service attributes of substitutes will bias the elasticity. For example, if airfares increase and auto costs are also increasing, the airfare elasticity would be overestimated if auto costs were excluded. 2. Functional Forms: Most studies of air travel demand use a linear or log-linear functional specification. Elasticity estimates can vary widely depending on the functional form. The choice of functional form should be selected on the basis of statistical testing not ease of interpretation. 3. Cross-Section vs. Time-series Information: In the long run demand elasticities for non-durable goods and services are larger in absolute terms, than in the short run. This follows because in the long run there are many more substitution possibilities that can be used to avoid price increases or service quality decreases. In effect there are more opportunities to avoid these changes with substitution possibilities. Data tends to be cross-sectional or time-series although more recently panels have become available. A panel is a combination of cross-section and time-series information on several routes for a multi-year period is a panel. Cross-sectional information is generally regarded as indicating short run elasticities while time-series data is interpreted as long run elasticities. In time-series data the information reflects changes in markets, growth in income, changes in competitive circumstances, for example. Policy changes should rely on long run elasticities since these ar e long run impacts that are being modelled. Short run elasticities become important when considering the competitive position of firms in a highly dynamic and competitive industry. 4. Market Aggregation/Segmentation: As the level of aggregation increases the amount of variation in the elasticity estimates decreases. This occurs because aggregation averages out some of the underlying variation relating to specific contexts. Since air travel market segments may differ significantly in character, competition and dominance of trip purpose, interpreting a reduction in variation through aggregation as a good thing would be erroneous. Such estimates might have relatively low standard deviations but would be also be relatively inaccurate when used to assess the effect of changes in fares in a specific market. 5. Identification Problem: In most cases only demand functions are estimated in attempts to measure the demand elasticity of interest. However, it is well known that the demand function is part of a simultaneous equations system consisting of both supply and demand functions. Therefore, a straightforward estimation of only the demand equation will produce biased and inconsistent estimates. The problem of identification can be illustrated by describing the process by which fares and travel, for example, are determined in the origin-destination market simultaneously. To model this process in its entirety, we must develop a quantitative estimate of both the demand and supply functions in a system. If, in the past, the supply curve has been shifting due to changes in production and cost conditions for example, while the demand curve has remained fixed, the resultant intersection points will trace out the demand function. On the contrary, if the demand curve has shifted due to changes in personal income, while the supply curve has remained the same, the intersection points will trace out the supply curve. The most likely outcome, however, is movement of both curves yielding a pattern of fare, quantity intersection points from which it will be difficult, without further information, to distinguish the demand curve from the supply curve or estimate the parameters of either.[11] Earlier we identified sources of bias that can arise from problems with aggregation, data quality, implicit assumptions of strong separability among others. Almost all demand studies have an implied assumption of strong separability in that they only consider aviation markets in the analysis. Such studies in effect constrain all changes or responses in fares or service to be wholly contained in the aviation component of peoples consumption bundle. The paper by Oum and Gillen (1986) is the one exception where consideration of substitution with other parts of consumption was included in the modelling. It would be difficult to extract a conclusion from this one study as to existence, degree and direction of bias in elasticity estimates when other parts of consumption are and are not included in the modelling. However, having said this, an inspection of the elasticity estimates from this study shows they are not significantly different than other time-series estimates. 3.1 Data Issues Elasticity estimates depend critically on the quality and extent of the data available. Currently, the best data for demand estimation is the DB1A 10 percent ticket sample in the US, but even this data has some problems.[12] The DB1A sample represents 10 percent of all tickets sold with full itinerary identified by the coupons attached to the ticket. However with electronic tickets, as more and more tickets are being sold over the Internet, there is a growing portion of overall travel that may not be captured in the sample. This means that the proportion is not 10 percent but something less.[13] Other important considerations are the amount of travel on frequent flyer points, by crew and airline personnel. In Canada we have poor quality data because it is incomplete, even if it were accessible. Airports collect traffic statistics but these data make it very difficult to distinguish OD and segment data. Airlines report traffic data to Statistics Canada (or are supposed to) but these data do not include fare information or routing. Knowing the itinerary or routing is important because of differences in service quality and hubbing effects. Fare data is also more useful than yield information since it identifies the proportion of people travelling in different fare classes. Yet, in many cases yield information is used as a weighted average fare. There is also the problem that carriers of different size may have different reporting requirements. Some researchers and consultants have been cobbling together data sets for analysis by using the PBX clearing house information. These data are limited and apply only to those airlines that are members of IATA.[14] The current public data available in Canada simply does not permit estimation of any demand models. Besides demand side data it is also important to have supply side information. Elasticity estimates should emerge from a simultaneous equations framework. This data is more accessible through organizations like the OAG[15], which provide information on capacity, airline and aircraft type for each flight in each market.[16] These data measure changes in capacity, flight frequency and timing of flights. One study, which undertook an extensive survey to collect multimodal data,[17] was the High Speed Rail study sponsored jointly by the Federal, Ontario and Quebec governments. This study, which had three different demand modelling efforts, examined the potential for High Speed Rail demand, and subsequent investment, in the Windsor-Quebec corridor. The analysis included intermodal substitution between air, rail, bus and car. The study was undertaken in the early 1980s. However, it is not possible for public access to any of the technical documents that would allow an assessment of the study. Attempts in the past to obtain access to the data have proven fruitless. 3.2 Distinguishing Elasticity Measures As we have stated, price elasticity measures the degree of responsiveness to a change in own or other prices (fares). However, care must be exercised in interpreting the elasticity since they differ according to how they have been estimated. Many empirical studies of air travel demand estimate a log-linear model. In evaluating such studies, it is important to keep in mind that the empirical specification implies a certain consumer preference structure because of the duality between utility functions and demand functions. It is equally important to remember that empirically estimated demand functions should contain some measures of quality and service differences or quality changes over time. Failure to include metrics for frequent flyer programs, flight frequency, destination choice or service levels in estimating an air demand function can lead to downward bias in the price elasticity estimates. Price elasticities can be estimated for aggregate travel demand as well as modal demand. Figure 3.1 illustrates the differences between aggregate and modal elasticities.[18] Our interest is in modal elasticities not the aggregate amo

Lebanon Essay -- essays research papers

Lebanon Lebanon, a nation that once proudly called itself the Switzerland of the Middle East, is today a country in name only. Its government controls little more than half of the nation's capital, Beirut. Its once-vibrant economy is a shambles. And its society is fragmented - so fragmented, some believe, that it may be impossible to re-create a unified state responsive to the needs of all its varied peoples. Lebanon lies on the eastern shore of the Mediterranea n Sea, in that part of southwestern Asia known as the Middle East. Because of its location - at the crossroads of Asia, Europe, and Africa - Lebanon has been the center of commerce and trade for thousands of years. It has also been on the route of numerous conquering armies. With an area of 4,015 square miles, Lebanon is one of the smallest countries in the Middle East. It is smaller than every state in the United States except Delaware, Rhode Island, and Connecticut. Lebanon is sandwiched between Syria in the north and east and Israel in the south. The maximum distance from the nation's northern border to the southern one is only 130 miles. And the maximum distance from the Mediterranean Sea to the Lebanon-Syria border is 50 miles. In the south, along the border with Israel, Lebanon's eastern border is only 20 miles from the sea. Although a tiny land, Lebanon boasts a great diversity in its landscape which makes it one of the most picturesque countries in the world. The coast line is br oken by many bays and inlets of varying size. At some points, the mountains wade silently right into the sea - then climb suddenly tier on tier away from the Mediterranean to the sky. Because of the limitation of flat agricultural land, all but the steepest hillsides have been patiently and neatly terraced and planted with garlands of twisted grapevines. The mountains lend a great variety of hues - pale pink, rosy red, forest green or deep purple - to the landscape. Depending on the time of day, they never appear the same twice, and from time to time whipped white clouds hide all except their snow-capped peaks. Even on the darkest night, the lights of the villages perched on the mountains shine in small clusters as a reminder of their presence. On c loser view, the mountains become a jumble of giant gorges, many of them over a thousand feet deep, with rocky cliffs, steep ravines and awesome valleys. These unassa... ...anon. This system worked well enough for fifteen years. From 1943 until 1958 the nation's economy boomed and Beirut was transformed into the showcase city of the Mediterranean. The government seemed stable enough, but th ere were problems boiling beneath the surface and in the mid-1950s the system began to come apart. For one thing, the Moslems, especially the poorer Shiites, had a substantially higher birthrate than the Christians; many people believed that the Shiites had surpassed the Maronites in population. But the Christians would not allow a new census to be taken, for this would have meant a reallocation of the nation's political power, with the Moslem sects gaining at the expense of the Christians. With their hopes for political gains dampened, the Shiites became disenchanted. Why is this once prosperous nation on the verge of total collapse? There are a number of reasons, but the primary one is that the Lebanese people belong to at least fifteen differe nt religious sects and their loyalty to these sects is greater than their loyalty to a united Lebanon. Had the people's sense of nationhood been stronger, they would not have suffered the destruction of the past decade.

One Common Language Essay

According to an eleventh century Arab writer, Ibn-e-Hazm, in the beginning there existed a single language given by God, thanks to which Adam was able to understand the quiddity of things. Over the chequered history of mankind, the fragmentation of this unique tongue that existed abinitio gave rise to a multitude of diverse languages. An integration of all these, or a reversion to a single language would have several repercussions. The fundamental benefits of a single world language are pragmatic. A common language would dissolve all communication barriers and increase mutual understanding between people and the world over. Such an environment would be conducive to world peace and the end of conflicts. Economic prosperity would be facilitated as business partners are able to communicate freely, leading to a growth of international trade. Xenophobia and other related human fears would be eliminated as people are united under one language. This would undermine at least some racism or ethno-centrism as societies become more egalitarian in their outlook on foreign individuals. On the cultural front, a unique tongue would make redundant the need to translate works of literature or to subtitle/dub movies. The dissemination of knowledge and information could be done freely and in all parts of the globe, as the world’s comprehension of different cultures rises. However, there are some drawbacks of a single world language. The convenience of a single language with its resulting blandness would not make for a full life. Language is more than just a communication of needs, it is a reflection of the social, historical and cultural milieu of society and is therefore a sacred institution. By restricting the modes of human expression to a single language we would be stultifying, repressing and suffocating man’s desire to be creative. ‘The limits of my language are the limits of my world’, as someone once aptly noted. Also, in a manner similar to the situation depicted in George Orwell’s ‘Nineteen Eighty-four’, a single language is a dangerous situation as it may put disproportionate power into the few hands controlling the medium. Although the implementation of a single language is an achievable target, the situation is bound to be transient and impossible to maintain in the long run. Cultural differences between societies transcend language. This is proven by the distinct cultures of the countries speaking the same language. Hence, although the same language, English, as spoken in Canada for instance, is dissimilar to that spoken in the United Kingdom, the United States of Australia. Also, the culture of a country may be composed of several sub-cultures each with its own language. The home of the Queen’s English – the UK – is where English, Gaelic, Welsh, Punjabi, Bengali and Urdu, all coexist. Another obstacle in achieving this target of common language is political pride, which could create conflict between nations, when the choice of a dominant language is being made. In the light of the above discussion, I would suggest that if we are to succeed economically, socially, culturally and politically, then the world must embrace plurilinguism. The future is a multi-lingual one.

What is your opinion on Eustacia Vye Essay Example

What is your opinion on Eustacia Vye Essay Example What is your opinion on Eustacia Vye Paper What is your opinion on Eustacia Vye Paper Essay Topic: Literature Opinion In my opinion Eustacia Vye lives in a dream world, shes basically waiting for her tall dark stranger to come and sweep her off her feet, in the meantime she has chosen to pass her days on Egdon. This is the place she so often claims to hate, The Heath is a cruel taskmaster to me She thought with the arrival of Clym life on the heath would become more bearable, the fact that she saw him as an escape helped this, before she even met him she had already concocted her plan being, Clym was going to fall in love with her, and then they together would leave the Heath behind for the bright lights of Paris. Having won by he own unaided self a man who was her perfect complement in attainment appearance an age- just how she imagined it only they didnt live happily ever after She never for one minute thought that Clym would change his mind, this is because she underestimated his love for the heath. she had undoubtedly begun to love him. She loved him pertly because he was exceptional in this scene, partly as she had from the first instinctively determined to love him chiefly because she was in desperate need of loving somebody. It wasnt really him who she loved rather the aura that surrounded him in his new pursuit, he could not but perceive at moments that she loved him rather as a visitant from a gay world to which she rightly belonged. She holds him in a light that Paris and abroad had given him instead of real. Though I should like Paris I love you for yourself alone. To be your wife and live in Paris would be heaven to me but I would rather live in a hermitage here than not be yours at all. Eustacias first priority is leaving the Heath I believe if Wildeve had proposed they leave the Heath for Paris instead of America she would have jumped at the chance. When Clym asks her to be his wife she says I must think its what she has always wanted, but even at this point she doesnt give him a straight answer, and whilst shes thinking she asks Clym to Speak of Paris this is what she was concerned about. Even after she has said yes she follows it up by Now tell me of the Louvre I dont think Eustacia actually ever thought that Clym would adhere to his teaching dream You will never adhere to your teaching plan, I am quite sure and then it will be alright for me; and so I promise to be yours forever and ever this was the one condition she promised to be his. She cares a lot about her social standing- this is why she was so appalled when Clym decided to take up furze cutting and switch his occupation to teacher, when he was accustomed to such things like Paris. There had been nonchalance in his tone, showing that he felt no absolute grief at a consummation which to her was a positive horror Eustacia was a bandmasters daughter- highlights her class she is Captain Drews granddaughter. And she is a lady by instinct. This is one thing that Eustacia and Mrs Yeobright have in common How extraordinary that you and my mother should be of one mind about this I have vowed not to go back, Eustacia it is not the place I dislike it is the occupation. Eustacia had always been an outsider even until her dying day, the main reason for this was because she believed she was better than all of them on the Heath and that she didnt deserve to be there. She was able to use her superiority to get her things, for example she was able to take Charleys role fro him by promising to hold his hand There were so many people that were in love with Eustacia, or at least thought they were in love with her. No matter how bad she treated them, it was as thought she held a spell over them, in fact Susan Nunsuick took this quite literally, which is one of the reasons as to why she took to pricking Eustacia in the middle of church, causing her to faint. It was as though Wildeve never got over her, one of the main reasons he married Tamzin was in an effort to try to make Eustacia jealous, but good old Eustacia wasnt bothered in the slightest, she simply looked at the situation and thought up what she could do in order to better herself, this is why she chose to e one of the witnesses, this was in an effort to cut herself off from Wildeve so she could advance towards Clym without anything standing in her way. Eustacia is very much a person who wants what she cant have, this is shown when it seems as though Thomasin is going of Wildeve she automatically becomes less interested What was the man worth whom a woman inferior to herself did not value Fancy Thomasin anxious to get rid of you, I will not forget it she became very obsessed with this fact as she believes Thomasin is beneath her, and for her not to want Wildeve there was no way she wanted him. You can no longer get her He even asks her to go with him to America, even though at that moment he was supposed to be engaged to Thomasin. When it loos as though hes marrying Thomasin, she really wants him, so when he comes back and isnt married shes looking really pleased with herself thinking shes the reason as to why he never married Thomasin, but he tells her the real reason, which Im not sure I believe. Its all about her having power over people if Wildeve is in love with her she believes he will do anything, she even says when he comes after seeing her signal I have shown my power When Wildeve does come she acts as though she doesnt want him anymore. This power does pay off though, this is how she convinces Charley to play his part in their play. Eustacia Vye was the raw material of divinity she had the passions and instincts, which makes a model goddess. Eustacias soul is described, as being flame like- this is a symbol of passion, and the fact that she has a lot of energy. The fact that Wildeve and Eustcia had this everlasting bond is shown in the fact that they couldnt keep away from each other even though they both got married, and the fact that thy even died together, Wildeve risked his life in order t save Eustacia. Clym did the same, this shows the power she held over these three men In particular. Eustacia is a very confident person, she knows what she wants life, and she is going to achieve no matter whom she has to use to get it. Shes the total opposite from Thomasin in the sense that shes independent and isnt really scared of anything not even death, which basically means shes unstoppable, when Clym confronts her about his mothers death, she doesnt deny anything and she even encourages him to hit her if it will make him feel better, but not for once does she seem bothered in the slightest.

High School Term Paper

High School Term Paper High School Term Paper High School Term Paper: What Are The Important Advices? How to write the excellent high school term paper, even if you are neither Pushkin nor Bernard Show? Let the thought about pen and paper (or the keyboard) be pleasant! Do what you want and our site will take care of your assignment! Order your high school term paper with us! Certainly it is possible to use the Internet, and it is 'honestly' to download needed assignment, but in such case how about your undisclosed talent, about your impetuous desire to leave a trace on the Earth and how about plagiarism? Ability to state OWN thoughts orally and in writing is one of the most necessary skills of any cultural person. It has been since Plato's times and so will be always! The Structure Of High School Term Paper The structure of this high school term paper is unusually simple and well thought-out. 1. Introduction High school term paper introduction depends on a high school term paper kind (description, reasoning, persuasion). The descriptive term paper is based on consideration and discussion of any product or article, someone's work. Introduction of it includes the name of the author and the name of its product, the thesis of the author, the main ideas of the high school term paper and your thesis. The term paper reasoning is rather informal kind of the high school term paper, because you express the thoughts and a unique kind paper in which the pronoun I use is possible. Introductions of such high school term paper should contain short history, which opens the reason, which has forced you to consider this, or that topic. The term paper- persuasion is reasoning on any urgent question (a problem of abortions, reasonable increase in taxes to health services etc.). Use of a pronoun I is unacceptable. The arrangement of the main ideas and the thesis is unconditioned (preferably your thesis finishes introduction), but the main thing that components of introduction should be accurately noted. Introdu ction should enumerate main ideas in ascending order of importance; you can finish with the strongest and interesting one in your opinion. 2. Part 2 Logic connection of parts is very important. Therefore, this part usually begins with the sentence, which contains the main idea. But do not copy it from introduction, because it is desirable to paraphrase it using synonyms. Further all part is devoted to disclosing of the main idea. Disclosing has the structure, which is suitable for all other ideas. It has least 3 subparts (under-ideas). 3. Part 3 Structure of it is similar to parts 2 except for the last sentence. It should sum up the ideas, which will let reader know that conclusion of all term paper, the analysis and summary will follow further. 4. Conclusion The conclusion is a sight forward that is attempted to suppose role of the chosen topic in the future or influence of case in the present. Frequently the conclusion begins with a question. Then you should repeat every main idea with a conclusion and the analysis what will be answer to question. The part comes to the end with the same thesis, which has been put by you in introduction. It is desirable to paraphrase it, of course. Your Success and Excellent Grades! You have an excellent opportunity to write your high school term paper with us! No headache and thought-out! No plagiarism and old information! You know that our writing service offers the best price and quality! Contact us without hesitation right now and get supreme results!

Latin America's Economic Progress Essay Example | Topics and Well Written Essays - 750 words

Latin America's Economic Progress - Essay Example There is a persistent problem of political instability in the region. Since the independence of Latin America, the political environment has not been stable enough to facilitate economic development. Dictatorship of military officials has long controlled the region and this was one of the constraints in the way of economic stability. The economic factors such as rate of inflation, rate of economic growth and income distribution, all pointed towards a deteriorating economic condition. Numerous economic reforms have been taken by the government but they have not been applied properly due to the prevailing political instability. According to a study conducted by Luisa Blanco and Robin Grier within the period between 1971 and 2000, in 18 Latin American countries there were 451 political assassinations, 217 riots, and 113 crises that threatened to destabilize the sitting government (Blanco & Grier, 1). Apart from Costa Rica, Colombia and Venezuella, all the other countries in the region w itnessed severe political instability. Regional Disparities The independence of the region widened the regional disparities and this is also one of the reasons behind lack of economic growth in the region. ... Resistance to Change One of the reasons behind the failure of economic reforms is the prevailing resistance to change in the region. Any kind of change is considered to be hostile by the population of the region therefore it is not accepted completely. In order to facilitate economic growth, there are a number of factors that need to be changed in the region but due to the prevailing resistance to change in the region any modification in the economic policies or any introduction of reforms is not implemented properly. The development of strategy is done but the implementation phase is the real problem in the region. The restraining forces overpower the driving forces therefore the economic reforms are not implemented and the economic growth remains at a disappointing pace. Lack of Industrial Development It has been said that the Latin American region is rich in natural resources but still the region has been unable to reach the heights of economic development it should have reached b y now. The natural resources held by the region are benefiting the developed countries more rather than the Latin American region itself. This is due to the lack of industrial development in the region (Llosa, 17). In the absence of industries to process the raw natural resources, the region has been unable to produce finished goods. Instead, the Latin American region exports the natural resources it possesses to other developed countries at low prices and the revenue generated by such exports is not commendable. If the region had its own production facilities that put the locally produced natural resources to use, the economic condition of the region would have been different. With domestically produced affordable raw material, the industries would not only

An Investigation of the Effects of Smoking and International Public Essay

An Investigation of the Effects of Smoking and International Public Health Campaigns - Essay Example Initial investigations began in the Journal of the American Medical Association, their central website guides the user to salient articles available for purchase or library access. Specifically, this article will seek to answer whether health consequences of smoking over the past five decades is sufficient cause to trigger a public downturn in the prevalence of smoking. To this end, articles will be sought that describe long-term disease trends, as well as sociological shifts pertaining to public health, anti-smoking campaigns. A very recent study by Pierce and associates is highly relevant to this objective. An investigation was performed encompassing 1965 to 2007 to determine the prevalence of heavy, habitual smoking, in the United States, by age and birth cohorts in this instance; with a focus on the State of California. This, and other studies confirm that The intensity of smoking, not only its prevalence, is associated with future health risks. There were 139,176 total respondents within California and 1,662,353 for the remaining United States. Among individuals excluding Californians born between 1920-1929, the prevalence of moderate/high-intensity smoking, more than ten packs per day, was 40.5% in 1965. This high-level of tobacco consumption declined across successive birth cohorts, and it was noted that for the 1970-1979 birth cohort, the highest rate of moderate/high-intensity smoking was 9.7% in California and 18.3% in the remaining United States.... There were 139,176 total respondents within California and 1,662,353 for the remaining United States. Among individuals excluding Californians born between 1920-1929, the prevalence of moderate/high-intensity smoking, more than ten packs per day, was 40.5% in 1965. This high-level of tobacco consumption declined across successive birth cohorts, and it was noted that for the 1970-1979 birth cohort, the highest rate of moderate/high-intensity smoking was 9.7% in California and 18.3% in the remaining United States. There was a statistically relevant decrease in moderate/high-intensity smoking at older ages in all cohorts studied, but the decline was greater in California. According to this study, there has been considerable decrease in the prevalence of high-levels of tobacco consumption. The decrease is explicable both in terms of diminished onset of new smokers, and increase in prior smokers who succeed in breaking the nicotine addiction. Though more investigation is needed to clarify whether it is an awareness of the health-risks alone, either through personal experience or simple word-of-mouth, or whether public health campaigns should take credit for the decline. The British Medical Journal also proved to be a useful source; as a means to evaluate, on an international scale the effects of smoking, and various campaigns intended to lessen its toll on public health. A study was found in the BMJ database that described 50 years worth of smoking habits among male British doctors. The primary goal being a comparison of the hazards of cigarette smoking in British men who formed their habits at different time periods. In addition to determine the extent of any reduction in risks when cigarette smoking ceases at different ages. Essentially, the high