Search results for "Trade-off"
showing 10 items of 131 documents
Register data in sample allocations for small-area estimation
2018
The inadequate control of sample sizes in surveys using stratified sampling and area estimation may occur when the overall sample size is small or auxiliary information is insufficiently used. Very small sample sizes are possible for some areas. The proposed allocation based on multi-objective optimization uses a small-area model and estimation method and semi-collected empirical data annually collected empirical data. The assessment of its performance at the area and at the population levels is based on design-based sample simulations. Five previously developed allocations serve as references. The model-based estimator is more accurate than the design-based Horvitz–Thompson estimator and t…
Within-host evolution decreases virulence in an opportunistic bacterial pathogen
2015
Abstract Background Pathogens evolve in a close antagonistic relationship with their hosts. The conventional theory proposes that evolution of virulence is highly dependent on the efficiency of direct host-to-host transmission. Many opportunistic pathogens, however, are not strictly dependent on the hosts due to their ability to reproduce in the free-living environment. Therefore it is likely that conflicting selection pressures for growth and survival outside versus within the host, rather than transmission potential, shape the evolution of virulence in opportunists. We tested the role of within-host selection in evolution of virulence by letting a pathogen Serratia marcescens db11 sequent…
The effect of the launch of bitcoin futures on the cryptocurrency market: an economic efficiency approach
2021
We analyze the economic efficiency of the cryptocurrency market after the launch of Bitcoin futures by means of the Data Envelopment Analysis and Malmquist Indexes. Our results show that the introduction of Bitcoin futures did not affect the economic efficiency of the cryptocurrency market. However, we observe that Bitcoin obtained the highest risk-return trade-off due to its liquidity compared to the rest of cryptocurrencies. Therefore, our paper underlines the support of investors on Bitcoin to the detriment of the rest of cryptocurrencies.
Regression with imputed covariates: A generalized missing-indicator approach
2011
A common problem in applied regression analysis is that covariate values may be missing for some observations but imputed values may be available. This situation generates a trade-off between bias and precision: the complete cases are often disarmingly few, but replacing the missing observations with the imputed values to gain precision may lead to bias. In this paper, we formalize this trade-off by showing that one can augment the regression model with a set of auxiliary variables so as to obtain, under weak assumptions about the imputations, the same unbiased estimator of the parameters of interest as complete-case analysis. Given this augmented model, the bias-precision trade-off may the…
Willingness of Student to Favour the Protection of Endangered Species in a Trade-off Conflict in Finland
1994
Abstract This paper explores the willingness of Finnish students to favour protection of endangered species in a hypothetical trade-off conflict, where conservation would cause an increase in the household energy cost. The most striking result was the very distinct preference of species which the students felt worth protecting. The students favoured species which are well known, taxonomically close to man and actually endangered. Major differences occurred among students due to sex, educational institute, nature-related activity groups, as well as knowledge of nature and conservation issues.
Spatial trade-offs between ecological and economical sustainability in the boreal production forest
2022
Economically-oriented forestry aims to sustain timber harvest revenues, while ecologically-oriented management supplies suitable habitat for species using deadwood as primary habitat. As these objectives are conflicting, planning for economic and ecological sustainability involves compromise and trade-offs. We analyze the spatial trade-offs between the economic value from timber harvesting and the volume of deadwood in the boreal forest. We assess these trade-offs from three perspectives: (1) landscape characteristics, affected by conservation strategies; (2) forest management promoting either economic or ecological values; (3) uncertainty in inventory errors undermining the estimate of the…
Pecking Order Versus Trade-off: An Empirical Approach to the Small and Medium Enterprise Capital Structure
2003
In this paper, we explore two of the most relevant theories that explain financial policy in small and medium enterprises (SMEs): pecking order theory and trade-off theory. Panel data methodology is used to test the empirical hypotheses over a sample of 6482 Spanish SMEs during the five-year period 1994?1998. The results suggest that both theoretical approaches contribute to explain capital structure in SMEs. However, while we find evidence that SMEs attempt to achieve a target or optimum leverage (trade-off model), there is less support for the view that SMEs adjust their leverage level to their financing requirements (pecking order model). En este trabajo, exploramos dos de las teorías má…
A Multi-Criteria Decision Support System for Strategic Planning at the Swiss Forest Enterprise Level: Coping With Climate Change and Shifting Demands…
2021
Sustainable forest management plays a key role for forest biodiversity and the provisioning of ecosystem services (BES), including the important service of carbon sequestration for climate change mitigation. Forest managers, however, find themselves in the increasingly complex planning situation to balance the often conflicting demands in BES. To cope with this situation, a prototype of a decision support system (DSS) for strategic (long-term) planning at the forest enterprise level was developed in the present project. The DSS was applied at three case study enterprises (CSEs) in Northern Switzerland, two lowland and one higher-elevation enterprise, for a 50-year time horizon (2010 to 2060…
Modeling the influence of alternative forest management scenarios on wood production and carbon storage: A case study in the Mediterranean region
2016
Forest ecosystems are fundamental for the terrestrial biosphere as they deliver multiple essential ecosystem services (ES). In environmental management, understanding ES distribution and interactions and assessing the economic value of forest ES represent future challenges. In this study, we developed a spatially explicit method based on a multi-scale approach (MiMoSe-Multiscale Mapping of ecosystem services) to assess the current and future potential of a given forest area to provide ES. To do this we modified and improved the InVEST model in order to adapt input data and simulations to the context of Mediterranean forest ecosystems. Specifically, we integrated a GIS-based model, scenario …
Costs and benefits of inflammation in host-parasite relationships
2016
Host-parasite interactions are characterized by trade-offs that involve both plastic and microevolutionary responses. On one hand, while immunity is essential to fight parasites, it can also cause damage to the host, leading to autoimmunity and inflammatory diseases. On the other hand, parasites have to cope with the immune environnement provided by the host. This raises the question of the costs and benefits of the inflammatory response for the two partners of the interaction. With different experimental and literature-based approaches, I showed that immunopathology is a trait that likely persists because of the immediate benefits of the immune response in terms of protection against paras…