Suchergebnisse

Recent concern among administrators about the effect of judicial review on their work is exaggerated. The cases show that judges are aware of the pitfalls of too much judicial intervention. Distinguishes 3 different judicial techniques (here called directing, limiting and structuring) which are usually conflated under the title of 'control'. In doing their jobs, judges generate principles to guide administrative procedures and judge their legality. (Abstract amended)

Events that occurred in 2013 as a result of illegal assignment of academic degrees, acquired the nature of scandal. According to the author, thesis scandal has provided a deeper understanding of the essence of processes both in the scientific and educational community and in the whole socio-humanitarian sphere of Russian society. The scandal, which affected many deputies of the State Duma, governors of some Russian regions and senior government officials, has attracted attention of Russian political leaders and the general public. It uncovered many shortcomings of existing approaches to the determination of qualification level of the research and education community's members, the viability of the universities; revealed the real challenges to the successful development of science and higher education. Thesis scandal showed values which define the state of social and humanitarian spheres of Russian society, the relations within the scientific and educational community and the results of reforms in it. Analyzing the situation in domestic science, the problems specific to the Russian scientific and educational community, the author is not limited to the conclusion that this scandal has deep socio-cultural reasons. The author has to declare, that forced borrowings of alien norms and principles for domestic science, promising to come to the fore in the future, today turn into the traditional desire to take the lead on the "top-down" indicators.

We introduce a theoretical model of the active fund management industry (AFMI) where performance and size depend on the AFMI's competitiveness (concentration). Under plausible assumptions, as AFMI's concentration decreases, so do fund managers' incentives for exerting effort in search of alpha. Consequently, managers produce lower gross alpha, and rational investors, inferring lower expected AFMI performance, allocate a smaller portion of their wealth to active funds. Empirically, we find that a decrease in the U.S. mutual fund industry concentration over our sample period is associated with a decrease in its net alpha and size (relative to stock market capitalization).

Current federal hazardous & low-level radioactive waste management policies fail to balance national concerns for consistency with state concerns for equity, discretion, & adequate resources. Congress should expand conjoint federalism to permit states to charge differential fees on imported hazardous waste as it does for low-level radioactive waste. For low-level radioactive waste, clarification of the "take title" issue makes the present framework for state discretion implementable, given sufficient time. 1 Table, 59 References. Adapted from the source document.