The evolving 5G case study in United States unilateral spectrum planning and policy

This paper tracks increasingly aggressive initiatives by the United States government to reallocate spectrum on an expedited and unilateral basis well before conclusion of inter-governmental coordination. Rather than embrace the customary commitment to achieve consensus on global spectrum allocations at the International Telecommunication Union (“ITU”), the Federal Communications Commission (“FCC”) has auctioned off large blocks of frequencies for the next generation (“5G”) of wireless services.The FCC might have framed its first 5G auction, reassigning Ultra High Frequency (“UHF”) spectrum, as a one-time deviation from compliance with long standing, intergovernmental coordination procedures. These frequencies have ideal signal propagation characteristics and the Commission could use financial incentives—unavailable in most nations—to expedite “repacking” by incumbent broadcasters willing to move, share or abandon spectrum in exchange for ample financial compensation. However, the FCC has continued to auction off 5G spectrum on grounds that it must find ways to abate an acute shortage of wireless bandwidth and doing so will regain or maintain global leadership in wireless technologies. This paper offers a critical rebuke to unilateral spectrum management, because the short-term benefits expected by the U. S. government likely will be offset by countervailing harms to 5G manufacturers, carriers and consumers. The paper tracks fractious preparation for the ITU's 2019 World Radio Conference by the U.S. delegation and the mixed record achieved there. Additionally, the paper explains how injecting trade, industrial policy and national security issues at the ITU can trigger more delays and disputes, including possible retaliation by nations displeased with U.S. efforts to subvert traditional technology optimization goals.A worst case scenario has the ITU deadlocked and unable to reach closure on “mission critical” spectrum planning issues at World Radio Conferences, convened every four years. The paper concludes that costs and likely challenges to the efficacy and legitimacy of the ITU will reduce the benefits accruing from the FCC's unilateral, spectrum planning campaign.     

Analyst coverage and lawsuit risk

In this study, we use a unique, hand-collected dataset of employee lawsuits and study the impact of analyst coverage on labour relations. We find that an increase in analyst coverage lowers the work-related litigations. In addition, we show that an increased number of analysts lowers the litigation cost, measured by settlement fees and attorney fees. Our results suggest analysts have an important impact on employee relations. Our research enriches the literature on employment practices and analyst coverage.     

基于减缓热岛效应的公园绿地布局 优化研究

城市化进程加快导致城市热岛效应问题日益突出， 公园绿地在降温方面具有重要作用，如何通过公园绿地布局以 减缓热岛效应是当前值得思考的问题。以福州市主城区为研究 区，利用辐射传输方程和泰森多边形分析城市热岛情况及公园 绿地布局现状，采用P-中值模型结合城市用地规划确定公园 绿地布局优化方案，结果表明：1)福州市主城区的整体温度偏 高，其热岛范围达城市总面积的11.78%；2)共提取福州市主 城区公园绿地47个，总面积为11.11km2，占主城区总面积 的4.47%，公园绿地布局总体不能满足人们的需要；3)利用 P-中值模型对公园绿地供需情况进行分析，得出18个公园绿 地需要优化，其中包括福州动物园、环南公园等12个一级优化 公园绿地，以及屏山公园、琴亭湖公园等6个二级优化公园绿 地；4)结合福州市中心城区用地规划，得到50个潜在公园绿 地建设点，主要集中于城门镇、盖山镇及新店镇。     

Property rights and groundwater management in the High Plains Aquifer

Groundwater is an important natural resource that needs to be managed dynamically. Ideally, institutions governing property rights to the groundwater of low-recharge aquifers should not discourage or disincentivize groundwater users from dynamic management. We develop an empirical model to examine whether agricultural groundwater users faced with prior appropriation property rights to groundwater in western Kansas exhibit dynamic, forward-looking behavior consistent with dynamic management. We find that although farmers are allotted a time-invariant maximum amount of groundwater that they can extract each year, they still behave in a manner consistent with dynamic management. Their groundwater extraction decisions are not significantly affected by the quantity they are authorized to extract, but are instead affected by expected future crop prices, expected future energy prices, and groundwater extraction by neighbors. Our results provide evidence that farmers manage their groundwater resource dynamically, even if their property rights do not necessarily encourage or incentivize them to do so.     

土建工程现场管理优化策略分析

本文在分析目前土建工程现场管理主要内容及所存在问题的基础上,对优化土建工程现场管理提出合理化建议。     

契约型农产品营销渠道治理过程研究：收购商管理控制的中介作用

文章以渠道治理和管理控制理论为基础，从交易关系发展过程的视角，将管理控制作为渠道治理的过程机制，重点考察其在保障契约机制有效执行过程中的中介作用以及农户专有资产净投入对契约完备性与管理控制之间关系的调节影响。通过对来自参与订单农业的217份的农户调查数据进行分析发现：收购商的三种管理控制方式（结果控制、过程控制和能力控制）在契约完备性对农户绩效的提升过程中起到中介作用，过程控制也在契约完备性抑制农户投机行为的过程中起到中介作用。同时，研究证实了农户专有资产净投入高时，削弱了契约完备性对三种管理控制正向影响。     

确权、交易、资产化：对大数据转为生产要素基础理论问题的再思考

大数据是数字经济的基础性、战略性资源，是后疫情时代经济发展的重要生产要素，但社会各界对大数据的理论认知仍落后于其应用实践，而且大数据确权、交易定价、资产化问题也存在诸多争议，这对大数据产业和数字经济的持续健康发展形成潜在隐患，也成为制约大数据向生产要素正常转化并参与社会大生产的关键。文章在对大数据概念、属性重新认识的基础上，综合财经、法律等理论观点和实操技巧，阐述了大数据如何从商品流通要素演变为社会生产要素的市场逻辑以及使用价值如何注入大数据的资产化过程，并从实践视角提出大数据确权的法理基础和大数据交易所生态下交易定价模型。同时提出以数据税来弥补大数据采集环节个人和企业放弃的小微权利，将私权转化为社会公共产品，为大数据产业和要素市场发展提供新的借鉴。     

Cover's universal portfolio,stochastic portfolio theory,and the numéraire portfolio

Cover's celebrated theorem states that the long‐run yield of a properly chosen “universal” portfolio is almost as good as that of the best retrospectively chosen constant rebalanced portfolio. The “universality” refers to the fact that this result is model‐free, that is, not dependent on an underlying stochastic process. We extend Cover's theorem to the setting of stochastic portfolio theory: the market portfolio is taken as the numéraire, and the rebalancing rule need not be constant anymore but may depend on the current state of the stock market. By fixing a stochastic model of the stock market this model‐free result is complemented by a comparison with the numéraire portfolio. Roughly speaking, under appropriate assumptions the asymptotic growth rate coincides for the three approaches mentioned in the title of this paper. We present results in both discrete and continuous time.     

劳动过程理论视角下的劳资关系研究述评

劳动过程理论视角下的劳资关系研究是当代劳资关系研究的三大流派之一,从马克思《资本论》第1卷问世以来,劳动过程理论及其内嵌的劳资关系研究已有众多学者的作品问世,它们从不同层面丰富和发展了劳动过程理论,而嵌入其中的劳资关系研究也随之呈现出多样化和多元化景观。理论的演进伴随实践的发展,其解释力也逐渐增强,劳动过程理论视角下的劳资关系研究为解释当代的弹性劳资关系网络的形成奠定了基础。