Boston College

About: Boston College is a education organization based out in Boston, Massachusetts, United States. It is known for research contribution in the topics: Population & Poison control. The organization has 9749 authors who have published 25406 publications receiving 1105145 citations. The organization is also known as: BC.

The Washington Consensus as transnational policy paradigm: Its origins, trajectory and likely successor

Abstract: This paper explores the origins and trajectory of the Washington Consensus – the ideas associated with the developing countries’ move to free markets in the 1980s and 1990s. I argue that the Consensus was a transnational policy paradigm, shaped by both scholarly and political forces (Hall, 1993). At the core of the Consensus was the international financial institutions’ practice of conditionality – making loans to governments in exchange for policy reforms. The Consensus was subsequently weakened by its own unintended consequences, by political forces both within Washington and worldwide and by intellectual changes in the field of economics. However, I argue that the Consensus has yet to encounter any serious rivals.

Language and the perception of emotion.

Abstract: Three studies assessed the relationship between language and the perception of emotion. The authors predicted and found that the accessibility of emotion words influenced participants' speed or accuracy in perceiving facial behaviors depicting emotion. Specifically, emotion words were either primed or temporarily made less accessible using a semantic satiation procedure. In Studies 1 and 2, participants were slower to categorize facial behaviors depicting emotion (i.e., a face depicting anger) after an emotion word (e.g., "anger") was satiated. In Study 3, participants were less accurate to categorize facial behaviors depicting emotion after an emotion word was satiated. The implications of these findings for a linguistically relative view of emotion perception are discussed.

Peripheries and Centers: Research Universities in Developing Countries

Abstract: The research university is a central institution of the twenty-first century—providing access to global science, producing basic and applied research, and educating leaders of the academe and society. Worldwide, there are very few research universities—they are expensive to develop and support, and the pressures of massification have placed priorities elsewhere. For developing countries, research universities are especially rare, and yet they are especially important as key ingredients for economic and social progress. This article argues for the importance of research universities in developing and middle-income countries and points out some of the challenges that such institutions face.

Studies on the Bi2Te3–Bi2Se3–Bi2S3 system for mid-temperature thermoelectric energy conversion

Abstract: Bismuth telluride (Bi2Te3) and its alloys have been widely investigated as thermoelectric materials for cooling applications at around room temperature. We report a systematic study on many compounds in the Bi2Te3–Bi2Se3–Bi2S3 system. All the samples were fabricated by high energy ball milling followed by hot pressing. Among the investigated compounds, Bi2Te2S1 shows a peak ZT ∼0.8 at 300 °C and Bi2Se1S2 ∼0.8 at 500 °C. The results show that these compounds can be used for mid-temperature power generation applications. The leg efficiency of thermoelectric conversion for segmented elements based on these n-type materials could potentially reach 12.5% with a cold side at 25 °C and a hot side at 500 °C if appropriate p-type legs are paired, which could compete well with the state-of-the-art n-type materials within the same temperature range, including lead tellurides, lead selenides, lead sulfides, filled-skutterudites, and half Heuslers.

Resource Flexibility with Responsive Pricing

Abstract: This article studies two types of flexibility used by firms to better respond to uncertain market conditions: resource flexibility and responsive pricing. We consider a situation in which a single flexible resource can be used to satisfy two distinct demand classes. While the resource capacity must be decided based on uncertain demand functions, the resource allocation as well as the pricing decision are made based on the realized demand functions.We characterize the effects of two key drivers of flexibility: demand variability and demand correlation, assuming normally distributed demand curve intercepts. Demand variability creates opportunity costs and, with fixed prices, decreases the firm's profit. We show that with the additional flexibility gained from responsive pricing, the firm can maximize the benefits of favorable demand conditions and mitigate the effects of poor demand conditions, ultimately profiting from variability. Positive demand correlation, on the other hand, remains undesirable under responsive pricing. The optimal capacity of the flexible resource is always increasing in both demand variability and demand correlation. This contrasts with the scenarios based on fixed prices, highlighting the crucial difference that responsive pricing makes in the management of flexible resources. We further quantify the value of flexibility for the firm and its customers by considering, as a benchmark, a firm relying on two dedicated resources. The value of flexibility is most significant if the demand levels are highly variable and negatively correlated. In such cases, the firm benefits from demand variability due to responsive pricing, while facing limited demand risk due to resource flexibility. Finally, we endogenize the input price of the flexible resource by considering the pricing decision of the resource supplier.