Let k be a local ﬁeld, and Γ ≤ GLn (k) a linear group over k. We prove that Γ contains either a relatively open solvable subgroup or a relatively dense free subgroup. This result has applications in dynamics, Riemannian foliations and proﬁnite groups. Contents 1. Introduction 2. A generalization of a lemma of Tits 3. Contracting projective transformations 4. Irreducible representations of non-Zariski connected algebraic groups 5. Proof of Theorem 1.3 in the ﬁnitely generated case 6. Dense free subgroups with inﬁnitely many generators 7.
distributors have a limited incentive to
invest on training and improving the
awareness, knowledge and skill of
distributors. Economic compulsions could
see companies move towards a committed
Alternate lower cost distribution channels:
Other avenues for AMCs to diversify
their distribution base could include an
examination of distribution channels
prevalent in other industries, especially
those that involve a low distribution cost—
such as the FMCG industry.
The title Perspectives on Complementary and Alternative Medicine was chosen for this
book to reflect the need for a critical overview of the subject areas that relate to the
development of complementary and alternative medicine (CAM) as part of a dynamic
process of change in contemporary society. The recent changes and developments in and
the exponential growth of CAM are explored from a wide range of perspectives and
covering several academic disciplines.
The dynamic interpretation of a formula as a binary relation (inducing transitions) on states is extended by alternative treatments of implication, universal quantification, negation and disjunction that are more "dynamic" (in a precise sense) than the usual reductions to tests from quantified dynamic logic (which, nonetheless, can be recovered from the new connectives). An analysis of the "donkey" sentence followed by the assertion "It will kick back" is provided.
After reading this chapter, you will be able to answer the following questions: What is business law? How does business law relate to business education? What are the purposes of law? What are alternative ways to classify the law? What are the sources of the law? What are the various schools of jurisprudence? What are business ethics and the social responsibility of business?
After reading this chapter, you will be able to answer the following questions: What are the major forms of business organization? What are the advantages of each alternative form of business organization? What is the special significance of the operating agreement in a limited liability company? What are the differences among the different forms of business organization? What are the specialized forms of business organization?
Research in tropical forestry is confronted with the task of finding strategies to alleviate pressure on remaining forests, and techniques to enhance forest regeneration and restore abandoned lands, using productive alternatives that can be attractive to local human populations. In addition, sustainable forestry in tropical countries must be supported by adequate policies to promote and maintain specific activities at local and regional scales.
The book has been written with an eye on forward and backward compatibility recommending PHP 5 techniques, but providing alternative solutions for servers still running PHP 4.3. All database examples demonstrate how to use the original MySQL extension, MySQL Improved, or the PHP Data Objects (PDO) introduced in PHP 5.1, letting you choose the most suitable option for your setup.
HTML and XML for Beginners provides Web coding beginners with a concise guide to the world of Hypertext Markup Language (HTML), and previews even more powerful alternatives such as Extensible Markup Language (XML). Rich in examples, the book walks the Web beginner through basic HTML techniques such as creating and publishing Web pages, formatting text, adding graphics, and creating hyperlinks.
Thus, after buying into winning funds,
investors unwittingly benefit from momentum returns on winning stocks. To
test this reasoning, Sapp and Tiwari calculate abnormal performance following
money f lows with and without accounting for the momentum factor, and find
that inclusion of the momentum factor in the performance evaluation proce-
dure eliminates outperformance of high f low funds. In addition, they show that
investors are not deliberate in seeking to benefit from stock-level momentum:
More popular funds do not have higher exposure to themomentumfactor at the
time they are selected.
When I decided to write this book, I was not fully aware of the
reason why I was doing so. During the entire year spent in writing
it, however, I had the opportunity to reﬂect upon its beneﬁts for
my professional maturity. First of all, this book has enabled me to
write a sort of balance sheet of the ﬁrst decade I have devoted to the
study of corporate taxation. Quite surprisingly I have realized that
there has been at least a minimum of coherence in my research.
Under certain conditions, the Company may use options and futures on securities, indices and interest rates, as described in Section
3.2. "Sub-Fund Details" and Appendix 3 "Restrictions on the use of techniques and instruments" for the purpose of investment, hedging
and efficient portfolio management. In addition, where appropriate, the Company may hedge market and currency risks using futures,
options or forward foreign exchange contracts.
Transactions in futures carry a high degree of risk.
We focus on the dynamics of active management skills, and how an investor might optimally
choose active funds during varying business conditions. Building on studies such as Avramov and
Wermers (2006) and Moskowitz (2000), we allow for the possibility of time-varying mutual fund
alphas and betas among active managers in Europe. Following Christopherson, et al. (1998)
and Ferson and Schadt (1996), we model such time-variation using a publicly available set of
conditioning state variables.
Therefore, we match SRI funds with conventional funds that are initially
similar and estimate the differences over time in performance and fees between the initially
similar funds. We report results for simple and biased-adjusted estimators obtained using one
and four matches per SRI fund. The one-match procedure is the one that most closely
approximates the matched-pair methodology used in previous studies and it maximizes the
quality of the matches, although at the cost of a small sample size.
The issue of disparity and inequalities between black and minority ethnic groups and the
majority white population in rates of mental ill health and equality of service in terms of
experience and outcomes has figured in government policy since Labour took office in 1997.
The death of an African-Caribbean patient named David Bennett in a secure psychiatric unit
whilst detained under the Mental Health Act (1983) and the subsequent inquiry report
published in 2003 found the NHS to be “institutionally racist”.
Psychological rather than informational differences may explain much of the
variation in financial capability reported in the FSA (2006) Baseline Survey. This
applies both to differences between individuals and across competence dimensions.
The Baseline Survey indicates that in most capability categories, scores improve with
age and the level of general education. This is consistent with the importance of
attitudes rather than teachable specific knowledge.
Here’s an example
A group of language schools was unhappy with its system
for issuing end-of-course certificates. These tended simply
to record the level of the class attended and didn’t give
information about real-life communicative competence or
individual progress or achievement. They had a vision of a
coherent system of clearly described levels, of interesting
communicative kinds of assessment recorded in a
certificate which would show – in language accessible to
everybody – the learners’ language competence.
A battle cry of the reform is “Mathematics for all! ” In an attempt to
make this come true, there is presently a conscientious eﬀort to spread the
news that “Math is fun! ” While applauding the good intention, we never-
theless must ask whether the constant repetition of this slogan like a mantra
helps students learn mathematics. Have students been told that this kind of
“fun” includes the fun of working hard to solve diﬃcult problems? Nothing
good comes cheaply, and learning mathematics is no exception.