Economists to Obama: Get the Government out of the Banking Business
On the eve of Barack Obama's inauguration as president of the United States, Wharton finance professor Richard J. Herring discussed with Knowledge@Wharton some of the advice offered to the new chief executive by the Shadow Financial Regulatory Committee, a group of economists, former regulators and lawyers, of which Herring is a co-chair. Among the recommendations: As quickly as possible, unwind federal investments that helped keep U.S. banks afloat. Herring also assessed the deepening woes at C
Take Two Advil and ... What Ills Can the Pfizer-Wyeth Merger Cure?
When the giant pharmaceutical company Pfizer announced on January 26 that it was acquiring Wyeth for $68 billion, analysts started questioning what benefits the deal would bring and for whom. Pfizer executives suggest the acquisition makes strategic sense by expanding the company into a range of new areas, and by helping make up for an expected loss of more than $12 billion in annual revenues once its Lipitor patent expires in 2011. But Wyeth also brings some liabilities -- notably, continuing l
Warning: Big Financial Firms May Be Riskier Than They Appear
Large financial institutions have failed with much higher frequency than is generally perceived, says Andrew Kuritzkes, a partner at Oliver Wyman and head of the management consulting firm's public policy practice in North America. In this interview with Knowledge@Wharton, Kuritzkes suggests some new guidelines that would greatly improve the financial system's ability to absorb the inevitable, if individually unpredictable, shocks of big failures.Author(s):
Jeremy Siegel: 'The Market Will Stage Another Recovery'
Now that it's clear the recession will not turn into a depression, stocks are poised for a recovery, says Wharton finance professor Jeremy J. Siegel. In an interview with Knowledge@Wharton, he said last week's market decline in response to rising commodity prices -- especially for energy -- and fear of the ever-growing federal deficit was no more than a short-term setback.
PARC's Teresa Lunt: 'Figuring Out What Is Valuable for You to Know Right Now'
Teresa Lunt, who directs the computing science laboratory at the Palo Alto Research Center, is involved in a wide range of activities, including ubiquitous computing, security and privacy, and ethnography for organizational environments and technology design. During a talk with Knowledge@Wharton at the recent Future of Publishing Conference in New York, she discussed a few of her current projects -- such as research into workplace efficiencies, a study on mobile advertising and the creation of a
Falling Prices, Foreclosures and Fear: What's Next for the Housing Market?
The U.S. housing market has been wobbly for several years, but it has shown some signs of perking up in recent months. The latest reports, however, indicate a setback, with median home prices dropping slightly and sales well below the already depressed levels of 2009. Yet a combination of low mortgage rates and apparent home-price bargains should still be drawing some buyers into the market. Knowledge@Wharton spoke with Wharton real estate professor Susan M. Wachter about the housing market's sl
06 Oct 2010: How Things Really Work: Lessons From a Life in Politics
Bill Hobby was elected lieutenant governor of Texas in 1972. As the longest-serving lieutenant governor in Texas history, a media executive, distinguished university professor and philanthropist, he has worked to guide the state into the future. During his 18 years in office, Hobby made education a top priority and helped make health care more accessible. After leaving office in 1991, he continued to run Hobby Communications but was soon tapped to lead the University of Houston System through a
Interview with the parents of Kory Slack
What Makes a Good Chairman?
Good chairs know whom they are accountable to and it’s not shareholders or employees.
Tapping the uptapped: a winning strategy for emerging markets
Innovation is often a key driver to a company’s success. Take Siemens, for example, which has a reputation for being innovative – and successful.
But the correlation doesn’t stop there, according to Ursula Boehm, Vice President, Operations (International Business) at Siemens.
Macbeth-Sleep Walking Scene
From the 1979 version of Macbeth, this is a clip of the sleep walking scene of the movie. This shows an excellent performance of the Shakespearean play. This clip can be used for scene analysis, character analysis, or reflection.
#Clemson Professor Judith McKnew with advice for graduates
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Learning Objects 2: Standards, Metadata, Repositories, and LCMS
This book is the second in a four-volume series. It builds upon the first volume by taking an extended and in-depth look at theorists' and practitioners' efforts to consolidate current knowledge and praxis. This consolidation centers around conceptual and technological issues related to standards, metadata, repositories, and the concept of the LCMS (Learning Content Management System). Part I contains six chapters that focus upon LO concepts vis-à-vis architecture. A discussion of syntax, seman
ISS Update - Dec. 27, 2011
The International Space Station video update for Dec. 27, 2011.
Students' performance and satisfaction with Web vs. paper-based practice quizzes and lecture notes
The use of computers to deliver course-related materials is rapidly expanding in most universities. Yet the effects of computer vs. printed delivery modes on students' performance and motivation are not yet fully known. We compared the impacts of Web vs. paper to deliver practice quizzes that require information search in lecture notes. Hundred and twenty two undergraduate students used either a web site or printed documents to answer 18 mathematics questions during a tutored session. A revised
A Model for Strengthening the Software Engineering Research
Like all other New Member States (NMS) Bulgaria is experiencing a dramatic change in all areas of its society. These changes reflect very seriously on the research capacity of the country and, in particular to Sofia University (SU). The Faculty of Mathematics and Informatics (FMI) has experienced some serious problems closely related to the general socio-economic and the research environment in Bulgaria. This paper describes a model for strengthening the research capacity of FMI, especially the
A Model for European e-Competence Framework
Development in a University Environment
The paper describes a model of implementation of the European e-Competence Framework in Sofia University by using the methodology and tools developed in the frames of the EC Sixth Framework European Integrated Project Ten- Competence. The work is a follow up activity of an internal university project for implementation a curricula in computing based on the ACM/IEEE recommendations.
DESIGNING A TOOLSET FOR THE PRIME
VIRTUAL BUSINESS ENVIRONMENT
The PRIME (Providing Real Integration in Multi-disciplinary Environments) project1 aims in modeling, creating and evaluation of a Virtual Business Environment (VBE) for learning the entire life cycle of products and processes for all involved stakeholders and for gaining practical experience in strategic manufacturing through serious gaming. The paper presents the overall architecture of the PRIME system. Further it discusses in more detail the design of the game toolset, which provides the user
Remote engineering implies a new strategy of assessment?
When we spoken about remote engineering as a new methodology used in the cyberspace with the final goal of the teaching/learning improvement and cost sharing, we are obliged to approach all of the process sides. Assessment is one of these sides and there is considered the most powerful tool for illustration, in the qualitative and quantitative ways, the learners responds at educational objectives offered by the remote engineering learning environment. In the present paper the authors have the in