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Showing papers by "Gregory DeAngelo published in 2007"


Journal ArticleDOI
TL;DR: In this article, an alternate cost criterion (AWQ criterion) was used to investigate the generality of this central result in DeAngelo et al. They showed that there is no unambiguous answer to this question and that for many values of the model parameters that describe the strictness of inspections, there is a tension between cost minimization and inspection stringency.
Abstract: DeAngelo et al. (New approaches to the Economics of plant health. Springer, Heidelberg, 2006) have recently used the AWS criterion in a M/G/1 queuing model to show that there is no necessary tension between economic cost minimization and inspection stringency in non-native species management. In this paper, we use an alternate cost criterion (AWQ criterion) to investigate the generality of this central result in DeAngelo et al. (New approaches to the Economics of plant health. Springer, Heidelberg, 2006). Our theoretical analysis shows that there is no unambiguous answer to this question. Therefore, we use numerical methods and our numerical analysis leads to two findings. First, for many values of the model parameters that describe the strictness of inspections, there is a tension between cost minimization and inspection stringency. Second, for most values of the model parameter that depicts the volume of maritime trade handled by the seaport under consideration, there is no tension between cost minimization and inspection stringency.

7 citations


01 Feb 2007
TL;DR: In this paper, the authors investigate whether there is a tension between economic-cost minimization and inspection stringency in invasive-species management in the following sense: greater (lesser) inspection stringencies with a larger (smaller) number of inspectors leads to higher (lower) economic costs.
Abstract: Recently, Batabyal et al (2005) have used a queuing model to show that there is a tension between economic-cost minimization and inspection stringency in invasive-species management in the following sense: greater (lesser) inspection stringency with a larger (smaller) number of inspectors leads to higher (lower) economic costs We use a more general queuing model to investigate whether there is, in fact, a tension between cost minimization and inspection stringency Our theoretical analysis shows that there is no definite answer to this question Therefore, we use numerical methods, and our numerical analysis leads to two conclusions For many values of the model parameters that delineate the strictness of inspections, there is a tension between cost minimization and inspection stringency In contrast, for most values of the model parameter that describes the volume of maritime trade handled by the port under study, there is no tension between cost minimization and inspection stringency

7 citations


Journal ArticleDOI
TL;DR: In this article, the authors analyze the patent approval process by the United States Patent and Trademark Office (USPTO) and show that a more stringent examination of applications does not lengthen the patent pendency period.
Abstract: Researchers have raised two concerns about the current patent approval process by the United States Patent and Trademark Office (USPTO). First, it takes too long to process applications. Second, examiners make too many errors in the approval process. The first concern suggests that examiners ought to be less stringent in their decision making and hence take less time in processing applications. The second concern suggests exactly the opposite. Given this state of affairs, we analyze the following question: Does a more stringent examination of applications always lengthen the pendency period? Our theoretical analysis shows that there is no definite answer to this question. Hence, we use numerical methods and our numerical analysis leads to two conclusions. For many values of the model parameters that describe the stringency of examinations, a more stringent examination process does lengthen the pendency period. In contrast, for most values of the model parameter that describes the volume of patent applications handled by the PTO under study, a more stringent examination process does not lengthen the pendency period.

4 citations


Journal ArticleDOI
TL;DR: In this article, the authors analyze the circumstances under which a matchmaker optimally accepts or rejects individual matching assignments, and focus on two specific cases: in the first case, the matchmaker's reservation profit is exogenous and in the second case, it is endogenous.
Abstract: In contemporary times, individuals wishing to get married are increasingly using matchmakers to assist them with the task of finding an apposite spouse. This notwithstanding, researchers have paid scant attention to the task of matchmaking from the perspective of a matchmaker. Therefore, the general purpose of this paper is to analyze the circumstances under which a matchmaker optimally accepts or rejects individual matching assignments. To this end, we concentrate on two specific cases. In the first case, our matchmaker's reservation profit is exogenous. In the second case, this reservation profit is endogenous.