Design of Incentive Contracts, Basic Principles

1969 ◽  
Vol 73 (698) ◽  
pp. 119-124 ◽  
Author(s):  
A. H. Blyth

Some people claim that there is nothing new under the sun. Certainly incentive contracting is not new. The Navy Department boasts of Pepys using delivery incentives in the form of penalties and bonuses in ship contracts 300 years ago. In America, the War Department included a performance incentive in the Wright brothers' aircraft contract in 1907, providing for a 10% bonus for each mile per hour the aircraft would perform in excess of 40mph(18m/s).

2014 ◽  
Vol 29 (37) ◽  
pp. 1440001 ◽  
Author(s):  
Jordi Casanellas ◽  
Ilídio Lopes

During the last century, with the development of modern physics in such diverse fields as thermodynamics, statistical physics, and nuclear and particle physics, the basic principles of the evolution of stars have been successfully well understood. Nowadays, a precise diagnostic of the stellar interiors is possible with the new fields of helioseismology and astroseismology. Even the measurement of solar neutrino fluxes, once a problem in particle physics, is now a powerful probe of the core of the Sun. These tools have allowed the use of stars to test new physics, in particular the properties of the hypothetical particles that constitute the dark matter (DM) of the Universe. Here we present recent results obtained using this approach.


Author(s):  
James J. Heckman ◽  
Carolyn J. Heinrich ◽  
Jeffrey Smith

Author(s):  
Richard A Harrison

The nature of our star, the Sun, is dominated by its complex and variable magnetic fields. It is the purpose of this paper to review the fundamental nature of our magnetic Sun by outlining the most basic principles behind the way the Sun works and how its fields are generated, and to examine not only the historical observations of our magnetic star, but, in particular, to study the wonderful observations of the Sun being made from space today. However, lying behind all of this are the most basic equations derived by James Clerk Maxwell, describing how the magnetic fields and plasmas of our Sun's atmosphere, and indeed of all stellar atmospheres, work and how they influence the Earth.


2013 ◽  
Vol 78 (1) ◽  
pp. 1-17
Author(s):  
Roger D. Henderson

The value of Abraham Kuyper’s thought is presently being discovered by a growing body of readers. Herman Dooyeweerd’s thought is appreciated by a smaller number. Yet he was trained in the Kuyperian tradition and conceived many of his most characteristic insights by building on Kuyper’s. What did he learn from Abraham and what can be learned by reflecting on their shared ideas? A view of the coherence, the gum and wire holding society and the cosmos together is the first of their common themes, considered in this essay. The second is religion and its root, namely, the human heart in its encounter with the Eternal. This involves a discussion of time and whether human existence can be said to extend beyond time in some respect. Observations are made and questions are raised about the contrasting and comparative accessibility of the two authors’ thoughts and writings. The second half of the essay focuses on the earliest statements of Dooyeweerd’s germinating philosophy — in relationship to Kuyper’s thought. At the most fundamental level these two thinkers share basic principles, and in light of these they developed their most distinctive ideas. An implicit reassessment of this intellectual tradition is offered here with the hope of finding hints and motivation to open new vistas on some key insights and principles.


1995 ◽  
Author(s):  
C.R. Krummrich ◽  
R.E. Johnston ◽  
T.W. Crist

1917 ◽  
Vol 11 (1) ◽  
pp. 59-75
Author(s):  
Robert W. Neeser

In the United States, the department of the navy is the constituted organ of the government for administering the navy. Its sole reason for existence is the possibility of war. The most important office in the navy department, after that of the secretary of the navy, is the office of naval operations. All the other offices in the navy are merely accessory to that one particular office the function of which is the preparation of the navy for war.The method of naval administration now in force in the United States is the outcome of a gradual development. When the Constitution went into effect in 1789, it contained several references to the navy. Congress was given power to “provide and maintain a navy.” The President was made the “commander-in-chief of the navy” and there was a clause which forbade the States from owning ships of war in time of peace. When, during Washington's administration, the executive departments were organized, there was no navy, and there was no pressing need for one. Congress, therefore, vested the control of the navy in the secretary of war. The frigate Constitution and her sister ships were thus built under the direction of the war department. But the imminent hostilities with France in 1798 revealed the need of a separate executive department for the proper administration of our sea force, and, on April 30, 1798, the bill creating the navy department became a law.


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