Property insurance considerations in loss prevention expenditures

Certain components comprise the Property Insurance premium. The sensitivity of those components to changes in the risk are analyzed considering the insurance market. The cyclic nature of the insurance market can also impact a Property Insurance program in other, less tangible, ways. Tangible premium charges and other intangible costs of risk which are dependent upon Loss Prevention expenditures are broadly quantified. Those factors which can be useful in determining the cost effectiveness of loss prevention expenditures are discussed in detail.     

Traditional Management Systems, Poverty and Change in the Arid Zone Fisheries of Northern Nigeria

This paper, based on fieldwork results, explores traditional management systems (TMS) in the arid zone fisheries of north-eastern Nigeria with particular reference to their impact on rural poverty. The first section provides a historical background by tracing the evolution of the TMS since the nineteenth century, with reference to government policy on fisheries management and poverty alleviation. The second gives an overview of TMS, including definitions, distribution, principal objectives, regulatory mechanisms and the impact of TMS on the performance of the fisheries and on the livelihoods of rural people. The third considers the perceptions and attitudes of the fishing communities with regards to the fisheries and TMS. The paper concludes, paradoxically, that while TMS provide a basis for the sustainable livelihoods of many fishing people, they also reflect and enforce the social positions of the rich and powerful members of society who oversee them, at the expense of the poor. In the future, poverty alleviation in fisheries will need to incorporate both sectoral and non-sectoral strategies – dealing with the existing 'paradox of TMS' by encouraging appropriate institutional changes and community development, and recognizing the importance of employment creation in other sectors of the economy as a source of alternative income.     

HOME OWNERSHIP AND THE WEALTH POSITION OF BLACK AND WHITE AMERICANS*

This paper examines the wealth position of blacks relative to whites, on the basis of data in the Survey of Economic Opportunity. The analysis indicates that at the same levels of both income and wealth blacks consistently invest more in consumer durables, especially housing, than do whites. The paper then explores possible explanations for this finding, suggesting that these investment differences are not solely due to the income and wealth position of blacks, but may be due to a smaller set of investment opportunities institutionally fostered by discriminatory forces.     

A model for forecasting wheat production

A model for forecasting production of wheat considering the effects of irrigation, fertilizer application, high yielding varieties, rainfall, labour and farm machinery is derived. Applicabilitty of this model is tested for Indian conditions and is found satisfactory. Strength and limitations of this model can be applied successfully to other national conditions also. This model has been applied to the prediction of wheat production using two growth relations.     

An experimental evaluation of a proactive pastoral care initiative within an introductory university course

Improving student retention and academic performance is a key objective for higher education institutions, and finding effective interventions for assisting with at-risk students is therefore important. In this article, we evaluate a proactive pastoral care intervention that was trialled in an introductory economics course in New Zealand. We first identified students at high risk of failure, and then randomized these students into two treatment groups and a control group. The first treatment group received an email with information about academic support, while the second treatment group received the email as well as a personal telephone call to follow-up. In evaluating the impact of the intervention trial, we found that the first intervention did not significantly improve student outcomes, but the second intervention improved outcomes in one of the two semesters evaluated. Overall, the initiative was a qualified success. It is both simple and cost-effective and should be considered for wider implementation and further evaluation.     

Pressure ulcers and materiel management: cost-effective prevention and care

In summary, it's important for the materiel manager to have an understanding of the clinical aspects of pressure ulcers. By understanding how ulcers are staged, treated, and prevented, the materiel manager will have a better idea why certain products are needed and how they are used to reduce overall patient costs. Specialty beds, replacement mattresses, and high-end overlays represent a significant cost--approximately $500,000 to $1 million based on studies cited in this article. Further proven by research is the fact that these costs can be reduced by carrying out utilization plans with specific criteria for patient selection. Finally, materiel managers can be key coordinators in the entire process since they are often on the front lines in any institution's cost containment efforts.