Science.gov

Sample records for portfolio standards greenhouse

  1. Electronic Portfolios Need Standards To Thrive.

    ERIC Educational Resources Information Center

    Treuer, Paul; Jenson, Jill D.

    2003-01-01

    Describes the electronic portfolio system developed at the University of Michigan to give each student, faculty member, and staff member lifelong ownership and control of an individual electronic portfolio. Describes the system's design standards and the range of formative and summative evaluation activities the portfolio supports. (SLD)

  2. Impacts of a 10% Renewable Portfolio Standard

    EIA Publications

    2002-01-01

    This service report addresses the renewable portfolio standard provision of S. 1766. At Senator Murkowski's request it also includes an analysis of the impacts of a renewable portfolio standard (RPS) patterned after the one called for in S. 1766, but where the required share is based on a 20% RPS by 2020 rather than the 10% RPS called for in S. 1766.

  3. Student Portfolios in a Standardized World.

    ERIC Educational Resources Information Center

    Penta, Mary Q.

    2002-01-01

    Despite emphasis on standardized testing, the Wake County Public School System, North Carolina, implemented student portfolios in two grant projects and found ways to make them useful tools. This paper describes Wake County schools' use of electronic portfolios; staff development for technology and assessment; overcoming difficulties in the…

  4. Impacts of a 15% Renewable Portfolio Standard

    EIA Publications

    2007-01-01

    This analysis responds to a request from Senator Jeff Bingaman that the Energy Information Administration (EIA) analyze a renewable portfolio standard (RPS) requiring that 15% of U.S. electricity sales be derived from qualifying renewable energy resources.

  5. An evaluation of a standards based portfolio.

    PubMed

    Gallagher, P

    2001-07-01

    In undergraduate and postgraduate nursing studies, the essay type assignment is commonly used to assess student learning. The literature suggests that of the alternatives for the assessment of learning, the use of portfolios may be an effective tool. A portfolio is generally conceptualized as a collection of the students best work or a collection of work that evidences incremental development. For a particular unit of learning, 'Nursing Business', second year undergraduate students in the Bachelor of Nursing programme were required to complete a portfolio. The assessment directed the students to meet specific criteria which in turn reflected the learning outcomes. Therefore the portfolio in this study is more appropriately described as a standards based portfolio (SBP). A SBP is a series of student work that seeks to address pre-determined learning outcomes. This study is an evaluation of student perceptions of a SPB and of interest to the study was the relationship between theory and practice, the availability of resources to complete the assignment and the contribution the portfolio made to the process of learning.

  6. An evaluation of a standards based portfolio.

    PubMed

    Gallagher, P

    2001-04-01

    In undergraduate and postgraduate nursing studies, the essay type assignment is commonly used to assess student learning. The literature suggests that of the alternatives for the assessment of learning, the use of portfolios may be an effective tool. A portfolio is generally conceptualized as a collection of the students best work or a collection of work that evidences incremental development. For a particular unit of learning, 'Nursing Business', second year undergraduate students in the Bachelor of Nursing programme were required to complete a portfolio. The assessment directed the students to meet specific criteria which in turn reflected the learning outcomes. Therefore the portfolio in this study is more appropriately described as a standards based portfolio (SBP). A SBP is a series of student work that seeks to address pre-determined learning outcomes. This study is an evaluation of student perceptions of a SPB and of interest to the study was the relationship between theory and practice, the availability of resources to complete the assignment and the contribution the portfolio made to the process of learning.

  7. Analysis of a 10% Renewable Portfolio Standard

    EIA Publications

    2003-01-01

    On May 8, 2003, Senator Jeff Bingaman, the Ranking Minority Member of the Senate Committee on Energy and Natural Resources, requested an analysis of a nationwide Renewable Portfolio Standard (RPS) program proposed to be amended to energy legislation currently pending before the U.S. Senate. With his request Sen. Bingaman provided specific information on the program to be analyzed. This analysis was prepared in response to his request and projects the impact of the proposed program on energy supply, demand, prices, and emissions. The analysis is based on the Annual Energy Outlook 2003 (AEO2003) projections of energy supply, demand, and prices through 2025, as updated in May 2003.

  8. State Clean Energy Practices: Renewable Portfolio Standards

    SciTech Connect

    Hurlbut, D.

    2008-07-01

    The State Clean Energy Policies Analysis (SCEPA) project is supported by the Weatherization and Intergovernmental Program within the Department of Energy's Office of Energy Efficiency and Renewable Energy. This project seeks to quantify the impacts of existing state policies, and to identify crucial policy attributes and their potential applicability to other states. The goal is to assist states in determining which clean energy policies or policy portfolios will best accomplish their environmental, economic, and security goals. For example, a renewable portfolio standard (RPS) mandates an increase in the use of wind, solar, biomass, and other alternatives to fossil and nuclear electric generation. This paper provides a summary of the policy objectives that commonly drive the establishment of an RPS, the key issues that states have encountered in implementing an RPS, and the strategies that some of the leading states have followed to address implementation challenges. The factors that help an RPS function best generally have been explored in other analyses. This study complements others by comparing empirical outcomes, and identifying the policies that appear to have the greatest impact on results.

  9. The experience with renewable portfolio standards in the united states

    SciTech Connect

    Wiser, Ryan; Namovicz, Christopher; Gielecki, Mark; Smith, Robert

    2007-05-15

    Renewable portfolio standards have proliferated at the state level, with mixed results. Policy advocates and policymakers might consider this state experience as debates over the possibility and design of a federal RPS continue. (author)

  10. Analysis of a 10% Renewable Portfolio Standard, Supplement to

    EIA Publications

    2003-01-01

    On June 10, 2003, Senator Pete Domenici, Chairman of the Senate Committee on Energy and Natural Resources, requested additional analysis of a Renewable Portfolio Standard (RPS), expected to be proposed as an amendment to energy legislation currently pending before the U.S. Senate. This request asked the Energy Information Administration (EIA) to provide additional results from two previously released EIA analyses of the proposed legislation, and to conduct further analyses with modified assumptions.

  11. Preservice Teacher Standards and the MAGNETIC CONNECTIONS Electronic Portfolio.

    ERIC Educational Resources Information Center

    Gathercoal, Paul; Bryde, Beverly R.; Mahler, James; Love, Douglas O.; McKean, Gerry

    This article describes Web-based portfolio systems, examining what is known about implementing Web-based student portfolios. The first two sections address the culture and ideologies needed for successful implementation, discussing faculty role in the portfolio process and broadening the definition from a portfolio of student artifacts to a…

  12. Analysis of a 10% Renewable Portfolio Standard, Addendum

    EIA Publications

    2003-01-01

    On May 8, 2003, Senator Jeff Bingaman, the Ranking Minority Member of the Senate Committee on Energy and Natural Resources, requested an analysis of a nationwide Renewable Portfolio Standard (RPS) program proposed to be amended to energy legislation currently pending before the U.S. Senate. With his request Sen. Bingaman provided specific information on the program to be analyzed. This analysis was prepared in response to his request and projects the impact of the proposed program on energy supply, demand, prices, and emissions. The analysis is based on the Annual Energy Outlook 2003 (AEO2003) projections of energy supply, demand, and prices through 2025, as updated in May 2003.

  13. Examining the target levels of state renewable portfolio standards

    NASA Astrophysics Data System (ADS)

    Helwig, Laurence Douglas

    At present 37 U.S. states have passed Renewable Portfolio Standards (RPS) or have a legislative driven goal that supports investment in renewable energy (RE) technologies. Previous research has identified economic, governmental, ideological and infrastructural characteristics as key predictors of policy adoption and renewable energy deployment efforts (Carley, 2009; Davis & Davis, 2009; Bohn & Lant, 2009; Lyon & Yin, 2010). To date, only a few studies have investigated the target levels of renewable portfolio standards. Carley & Miller (2012) found that policies of differing stringencies were motivated by systematically different factors that included governmental ideology. The purpose of this dissertation is to replicate and expand upon earlier models that predicted RPS adoption and RE deployment efforts by adding regulatory, infrastructural and spatial characteristics to predict RPS target levels. Hypotheses were tested using three alternative measurements of RPS target level strength to determine to what extent a combination of explanatory variables explain variation in policy target levels. Multivariate linear regression and global spatial autocorrelation results indicated that multiple state internal determinants influenced RPS target level including average electricity price, state government ideology and to a lesser extent actual RE potential capacity. In addition, some diffusion effects were found to exist that indicated that states are setting their RPS target levels lower than their neighboring states and a local geo-spatial clustering effect was observed in the target levels for a grouping of northeastern states.

  14. The performance of renewable portfolio standards in the United States

    NASA Astrophysics Data System (ADS)

    Gong, Binlei

    The Renewable Portfolio Standard (RPS) is a renewable energy policy that ensures a minimum amount of renewable energy in the portfolio of electric-generating resources serving a state. This article first analyzes theoretically expected effects of RPS on renewable energy quantities, electricity price, and emissions. With a balanced panel of 48 states for 1990-2008, this paper estimates causal impact of RPS through an econometric model. During these regressions, a new measure for RPS indicator has also been introduced to deal with the heterogeneity problem. This paper also account for the partial effect and the different trends of outcomes in the absence of RPS across states. The estimators imply that RPS on average are effective in having a positive impact on renewable energy share but not that efficient since significantly increasing the electricity price. This research also finds that strengthening RPS can reduce carbon and other emissions but these benefits cannot fully compensate the consumer surplus loss caused by RPS, which finally implies a national-wide RPS is likely to be inefficient even with emission concern. Finally, the breakeven price is estimated, which implies the policies' cost of reducing the emissions. This paper also does same analysis on regional level and concludes that RPS is likely to be efficient in Midwest and in West but not that efficient in Northeast and in South with emission concern.

  15. Save water to save carbon and money: developing abatement costs for expanded greenhouse gas reduction portfolios.

    PubMed

    Stokes, Jennifer R; Hendrickson, Thomas P; Horvath, Arpad

    2014-12-01

    The water-energy nexus is of growing interest for researchers and policy makers because the two critical resources are interdependent. Their provision and consumption contribute to climate change through the release of greenhouse gases (GHGs). This research considers the potential for conserving both energy and water resources by measuring the life-cycle economic efficiency of greenhouse gas reductions through the water loss control technologies of pressure management and leak management. These costs are compared to other GHG abatement technologies: lighting, building insulation, electricity generation, and passenger transportation. Each cost is calculated using a bottom-up approach where regional and temporal variations for three different California water utilities are applied to all alternatives. The costs and abatement potential for each technology are displayed on an environmental abatement cost curve. The results reveal that water loss control can reduce GHGs at lower cost than other technologies and well below California's expected carbon trading price floor. One utility with an energy-intensive water supply could abate 135,000 Mg of GHGs between 2014 and 2035 and save--rather than spend--more than $130/Mg using the water loss control strategies evaluated. Water loss control technologies therefore should be considered in GHG abatement portfolios for utilities and policy makers.

  16. Evaluating a Proposed 20% National Renewable Portfolio Standard

    SciTech Connect

    Logan, Jeffrey; Sullivan, Patrick; Short, Walter; Bird, Lori; James, Ted L.; Shah, Monisha R.

    2009-02-01

    This paper provides a preliminary analysis of the impacts of a proposed 20% national renewable portfolio standard (RPS) by 2021, which has been advanced in the U.S. Congress by Senator Jeff Bingaman of New Mexico. The paper was prepared before the America Recovery and Reinvestment Act was signed into law by President Barack Obama on February 17, 2009, and thus does not consider important changes in renewable energy (RE) policy that need to be addressed in follow-on analysis. We use NREL's Regional Energy Deployment System (ReEDS) model to evaluate the impacts of the RPS requirements on the energy sector and consider design issues associated with renewable energy certificate (REC) trading markets.

  17. Illinois SB 1987: the Clean Coal Portfolio Standard Law

    SciTech Connect

    2009-01-15

    On January 12, 2009, Governor Rod Blagojevich signed SB 1987, the Clean Coal Portfolio Standard Law. The legislation establishes emission standards for new coal-fueled power plants power plants that use coal as their primary feedstock. From 2009-2015, new coal-fueled power plants must capture and store 50 percent of the carbon emissions that the facility would otherwise emit; from 2016-2017, 70 percent must be captured and stored; and after 2017, 90 percent must be captured and stored. SB 1987 also establishes a goal of having 25 percent of electricity used in the state to come from cost-effective coal-fueled power plants that capture and store carbon emissions by 2025. Illinois is the first state to establish a goal for producing electricity from coal-fueled power plants with carbon capture and storage (CCS). To support the commercial development of CCS technology, the legislation guarantees purchase agreements for the first Illinois coal facility with CCS technology, the Taylorville Energy Center (TEC); Illinois utilities are required to purchase at least 5 percent of their electricity supply from the TEC, provided that customer rates experience only modest increases. The TEC is expected to be completed in 2014 with the ability to capture and store at least 50 percent of its carbon emissions.

  18. The Portfolio Standard: How Students Can Show Us What They Know and Are Able To Do.

    ERIC Educational Resources Information Center

    Sunstein, Bonnie S., Ed.; Lovell, Jonathan H., Ed.

    In this book, teachers, students, administrators, and assessors all show that a carefully rendered portfolio becomes an increasingly internalized standard against which learners can assess their own growth. Essays in the book share diverse portfolio projects from across the United States and reflect the spirit and enthusiasm the authors shared as…

  19. The effect of state renewable portfolio standards on consumer participation in green pricing programs

    NASA Astrophysics Data System (ADS)

    Maltese, James L.

    In the last several years, two mechanisms for increasing the supply of renewable electricity have become increasingly popular: renewable portfolio standards, a state policy of mandating increased production of green power; and green pricing programs, which allow customers to purchase green power through their utilities. These mechanisms have been effective in increasing the adoption of renewable energy; however, it is unclear whether they interact in a way that is mutually beneficial or counterproductive. It is important to understand the effect of renewable portfolio standards on the voluntary market for green energy, especially as Congress considers a nationwide portfolio standard. The effectiveness of a renewable portfolio standard may be undercut if it leads customers to purchase less green power. This study analyzes the relationship between the passage and implementation of a renewable portfolio standard and two measures of enrollment in utility green pricing programs. Using eight years of data for all fifty states, the study utilizes multiple regression analysis with fixed-effects estimation. The results indicate that the passage of a renewable portfolio standard has a positive and statistically significant effect on green pricing enrollment within the state. At the same time, the rate at which states increase the stringency of the renewable portfolio standard is found to have no effect on enrollment. Although further study is needed to determine if additional factors are responsible for the observed increase in green pricing enrollment, this study provides evidence that such programs do not harm, and may in fact encourage, voluntary purchases of green power.

  20. The renewables portfolio standard in Texas: An early assessment

    SciTech Connect

    Wiser, Ryan H.; Langniss, Ole

    2001-11-01

    Texas has rapidly emerged as one of the leading wind power markets in the United States. This development can be largely traced to a well-designed and carefully implemented renewables portfolio standard (RPS). The RPS is a new policy mechanism that has received increasing attention as an attractive approach to support renewable power generation. Though replacing existing renewable energy policies with an as-of-yet largely untested approach in the RPS is risky, early experience from Texas suggests that an RPS can effectively spur renewables development and encourage competition among renewable energy producers. Initial RPS targets in Texas will be far exceeded by the end of 2001, with as much as 930 MW of wind slated for installation this year. RPS compliance costs appear negligible, with new wind projects reportedly contracted for under 3(US)/242/kWh, in part as a result of a 1.7(US)/242/kWh production tax credit, an outstanding wind resource, and an RPS that is sizable enough to drive project economies of scale. Obliged retail suppliers have been willing to enter into long-term contracts with renewable generators, reducing important risks for both the developer and the retail supplier. Finally, the country's first comprehensive renewable energy certificate program has been put into place to monitor and track RPS compliance.

  1. Are renewables portfolio standards cost-effective emission abatement policy?

    SciTech Connect

    Katerina Dobesova; Jay Apt; Lester B. Lave

    2005-11-15

    Renewables portfolio standards (RPS) could be an important policy instrument for 3P and 4P control. The authors examine the costs of renewable power, accounting for the federal production tax credit, the market value of a renewable credit, and the value of producing electricity without emissions of SO{sub 2}, NOx, mercury, and CO{sub 2}. The focus is on Texas, which has a large RPS and is the largest U.S. electricity producer and one of the largest emitters of pollutants and CO{sub 2}. The private and social costs of wind generation in an RPS is compared with the current cost of fossil generation, accounting for the pollution and CO{sub 2} emissions. It was found that society paid about 5.7 cents/kWh more for wind power, counting the additional generation, transmission, intermittency, and other costs. The higher cost includes credits amounting to 1.1 cents/kWh in reduced SO{sub 2}, NOx, and Hg emissions. These pollution reductions and lower CO{sub 2} emissions could be attained at about the same cost using pulverized coal (PC) or natural gas combined cycle (NGCC) plants with carbon capture and sequestration (CCS); the reductions could be obtained more cheaply with an integrated coal gasification combined cycle (IGCC) plant with CCS. 35 refs., 7 tabs.

  2. Are renewables portfolio standards cost-effective emission abatement policy?

    PubMed

    Dobesova, Katerina; Apt, Jay; Lave, Lester B

    2005-11-15

    Renewables portfolio standards (RPS) could be an important policy instrument for 3P and 4P control. We examine the costs of renewable power, accounting for the federal production tax credit, the market value of a renewable credit, and the value of producing electricity without emissions of SO2, NOx, mercury, and CO2. We focus on Texas, which has a large RPS and is the largest U.S. electricity producer and one of the largest emitters of pollutants and CO2. We estimate the private and social costs of wind generation in an RPS compared with the current cost of fossil generation, accounting for the pollution and CO2 emissions. We find that society paid about 5.7 cent/kWh more for wind power, counting the additional generation, transmission, intermittency, and other costs. The higher cost includes credits amounting to 1.1 cent/kWh in reduced SO2, NOx, and Hg emissions. These pollution reductions and lower CO2 emissions could be attained at about the same cost using pulverized coal (PC) or natural gas combined cycle (NGCC) plants with carbon capture and sequestration (CCS); the reductions could be obtained more cheaply with an integrated coal gasification combined cycle (IGCC) plant with CCS. PMID:16323750

  3. Are renewables portfolio standards cost-effective emission abatement policy?

    PubMed

    Dobesova, Katerina; Apt, Jay; Lave, Lester B

    2005-11-15

    Renewables portfolio standards (RPS) could be an important policy instrument for 3P and 4P control. We examine the costs of renewable power, accounting for the federal production tax credit, the market value of a renewable credit, and the value of producing electricity without emissions of SO2, NOx, mercury, and CO2. We focus on Texas, which has a large RPS and is the largest U.S. electricity producer and one of the largest emitters of pollutants and CO2. We estimate the private and social costs of wind generation in an RPS compared with the current cost of fossil generation, accounting for the pollution and CO2 emissions. We find that society paid about 5.7 cent/kWh more for wind power, counting the additional generation, transmission, intermittency, and other costs. The higher cost includes credits amounting to 1.1 cent/kWh in reduced SO2, NOx, and Hg emissions. These pollution reductions and lower CO2 emissions could be attained at about the same cost using pulverized coal (PC) or natural gas combined cycle (NGCC) plants with carbon capture and sequestration (CCS); the reductions could be obtained more cheaply with an integrated coal gasification combined cycle (IGCC) plant with CCS.

  4. Essays in energy economics: An inquiry into Renewable Portfolio Standards

    NASA Astrophysics Data System (ADS)

    Lamontagne, Laura Marie

    In an attempt to motivate the transition away from fossil fuels, reduce carbon emissions and diversify electricity supply, twenty-nine states and the District of Columbia have adopted a Renewable Portfolio Standard (RPS). An RPS is a form of regulation that requires increased electricity production from renewable energy sources. These standards vary by state but generally require a minimum percentage of electricity generation to come from renewable technologies by a predetermined date. In the first chapter I examine the effect of the adoption of an RPS on electricity rates, making use of the increased availability of data since several policies' adoption. Using a fifty state panel over the years 1990-2010, this study uses a difference-in-difference and a fixed effects estimation to measure how the adoption of an RPS affects the price of electricity in state markets. Empirical findings show that states that have adopted an RPS have approximately a 20% higher all-retail electricity price than states that do not have RPS. Following the adoption of this regulation, a state can expect to see electricity prices rise by roughly 5% on average per year relative to states with no RPS. Once the legislation has been in place for almost a decade, electricity rates begin to dramatically increase upwards of 10% per year. In the second chapter, I observe the economic, social and political factors that prompt a state to adopt a Renewable Portfolio Standard. I estimate a probit model to determine the probability a state will adopt an RPS in a year given its present political and economic climate. Results show that a deregulated electricity market, a high per-capita GDP, a strong democratic presence in the state legislature, high renewable capacity, and a strong incidence of natural gas are indicators a state will pass an RPS. Whether or not a state is a net importer or exporter of electricity is not a significant indicator of adoption of an RPS within a state. The third chapter

  5. Emissions reductions from expanding state-level renewable portfolio standards.

    PubMed

    Johnson, Jeremiah X; Novacheck, Joshua

    2015-05-01

    In the United States, state-level Renewable Portfolio Standards (RPS) have served as key drivers for the development of new renewable energy. This research presents a method to evaluate emissions reductions and costs attributable to new or expanded RPS programs by integrating a comprehensive economic dispatch model and a renewable project selection model. The latter model minimizes incremental RPS costs, accounting for renewable power purchase agreements (PPAs), displaced generation and capacity costs, and net changes to a state's imports and exports. We test this method on potential expansions to Michigan's RPS, evaluating target renewable penetrations of 10% (business as usual or BAU), 20%, 25%, and 40%, with varying times to completion. Relative to the BAU case, these expanded RPS policies reduce the CO2 intensity of generation by 13%, 18%, and 33% by 2035, respectively. SO2 emissions intensity decreased by 13%, 20%, and 34% for each of the three scenarios, while NOx reductions totaled 12%, 17%, and 31%, relative to the BAU case. For CO2 and NOx, absolute reductions in emissions intensity were not as large due to an increasing trend in emissions intensity in the BAU case driven by load growth. Over the study period (2015 to 2035), the absolute CO2 emissions intensity increased by 1% in the 20% RPS case and decreased by 6% and 22% for the 25% and 40% cases, respectively. Between 26% and 31% of the CO2, SO2, and NOx emissions reductions attributable to the expanded RPS occur in neighboring states, underscoring the challenges quantifying local emissions reductions from state-level energy policies with an interconnected grid. Without federal subsidies, the cost of CO2 mitigation using an RPS in Michigan is between $28 and $34/t CO2 when RPS targets are met. The optimal renewable build plan is sensitive to the capacity credit for solar but insensitive to the value for wind power. PMID:25884101

  6. Emissions reductions from expanding state-level renewable portfolio standards.

    PubMed

    Johnson, Jeremiah X; Novacheck, Joshua

    2015-05-01

    In the United States, state-level Renewable Portfolio Standards (RPS) have served as key drivers for the development of new renewable energy. This research presents a method to evaluate emissions reductions and costs attributable to new or expanded RPS programs by integrating a comprehensive economic dispatch model and a renewable project selection model. The latter model minimizes incremental RPS costs, accounting for renewable power purchase agreements (PPAs), displaced generation and capacity costs, and net changes to a state's imports and exports. We test this method on potential expansions to Michigan's RPS, evaluating target renewable penetrations of 10% (business as usual or BAU), 20%, 25%, and 40%, with varying times to completion. Relative to the BAU case, these expanded RPS policies reduce the CO2 intensity of generation by 13%, 18%, and 33% by 2035, respectively. SO2 emissions intensity decreased by 13%, 20%, and 34% for each of the three scenarios, while NOx reductions totaled 12%, 17%, and 31%, relative to the BAU case. For CO2 and NOx, absolute reductions in emissions intensity were not as large due to an increasing trend in emissions intensity in the BAU case driven by load growth. Over the study period (2015 to 2035), the absolute CO2 emissions intensity increased by 1% in the 20% RPS case and decreased by 6% and 22% for the 25% and 40% cases, respectively. Between 26% and 31% of the CO2, SO2, and NOx emissions reductions attributable to the expanded RPS occur in neighboring states, underscoring the challenges quantifying local emissions reductions from state-level energy policies with an interconnected grid. Without federal subsidies, the cost of CO2 mitigation using an RPS in Michigan is between $28 and $34/t CO2 when RPS targets are met. The optimal renewable build plan is sensitive to the capacity credit for solar but insensitive to the value for wind power.

  7. Portfolios for Prior Learning Assessment: Caught between Diversity and Standardization

    ERIC Educational Resources Information Center

    Sweygers, Annelies; Soetewey, Kim; Meeus, Wil; Struyf, Elke; Pieters, Bert

    2009-01-01

    In recent years, procedures have been established in Flanders for "Prior Learning Assessment" (PLA) outside the formal learning circuit, of which the portfolio is a regular component. In order to maximize the possibilities of acknowledgement of prior learning assessment, the Flemish government is looking for a set of common criteria and principles…

  8. Illinois Occupational Skill Standards: Greenhouse/Nursery Cluster.

    ERIC Educational Resources Information Center

    Illinois Occupational Skill Standards and Credentialing Council, Carbondale.

    This document of skill standards for the greenhouse/nursery cluster serves as a guide to workforce preparation program providers in defining content for their programs and to employers to establish the skills and standards necessary for job acquisition. These 23 occupational skill standards describe what people should know and be able to do in an…

  9. 75 FR 67059 - Public Hearings for Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-01

    ... Hearings for Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles AGENCIES: Environmental Protection Agency (EPA) and National Highway Traffic Safety... to be held for the joint proposed rules ``Greenhouse Gas Emissions Standards and Fuel...

  10. Reduced Emissions and Lower Costs: Combining Renewable Energy and Energy Efficiency into a Sustainable Energy Portfolio Standard

    SciTech Connect

    Brown, Marilyn A

    2007-01-01

    Combining renewable energy and energy efficiency in Sustainable Energy Portfolio Standards has emerged as a key state and national policy option to achieve greater levels of sustainable energy resources with maximum economic efficiency and equity. One advantage of the SEPS relative to a renewable portfolio standard or a stand-along energy efficiency resource standard is enhanced flexibility and broader options for meeting targets.

  11. Including Alternative Resources in State Renewable Portfolio Standards: Current Design and Implementation Experience

    SciTech Connect

    Heeter, J.; Bird, L.

    2012-11-01

    Currently, 29 states, the District of Columbia, and Puerto Rico have instituted a renewable portfolio standard (RPS). An RPS sets a minimum threshold for how much renewable energy must be generated in a given year. Each state policy is unique, varying in percentage targets, timetables, and eligible resources. This paper examines state experience with implementing renewable portfolio standards that include energy efficiency, thermal resources, and non-renewable energy and explores compliance experience, costs, and how states evaluate, measure, and verify energy efficiency and convert thermal energy. It aims to gain insights from the experience of states for possible federal clean energy policy as well as to share experience and lessons for state RPS implementation.

  12. Renewable Portfolio Standards in the States: Balancing Goals and Implementation Strategies

    SciTech Connect

    Cory, K. S.; Swezey, B. G.

    2007-12-01

    This paper reports on renewable portfolio standards (RPS) and how the RPS rules vary from state to state. This variation presents important challenges to successful implementation. Key issues are discussed in terms of resource availability, solar-specific provisions, and political and regulatory consistency, and their impacts on the ability to finance new renewable energy projects. This report emphasizes the fact that a successful RPS policy must balance a state's goals for fuel diversity, economic development, price effects, and environmental benefits.

  13. 77 FR 26476 - Standards of Performance for Greenhouse Gas Emissions for New Stationary Sources: Electric...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-05-04

    ... AGENCY 40 CFR Part 60 Standards of Performance for Greenhouse Gas Emissions for New Stationary Sources... proposed rule, ``Standards of Performance for Greenhouse Gas Emissions for New Stationary Sources: Electric... for the proposed Standards of Performance for Greenhouse Gas Emissions for New Stationary...

  14. Estimating the Value of Utility-Scale Solar Technologies in California Under a 40% Renewable Portfolio Standard (Report Summary) (Presentation)

    SciTech Connect

    Jorgenson, J.; Denholm, P.; Mehos, M.

    2014-06-01

    Concentrating solar power with thermal energy storage (CSP-TES) is a unique source of solar energy in that its output can be shifted over time. The ability of CSP-TES to be a flexible source of generation may be particularly valuable in regions with high overall penetration of solar energy, such as the state of California. California's Renewable Portfolio Standard (RPS) requires the state to increase generation from eligible renewable energy resources to reach 33% of retail electricity sales by 2020. Beyond 2020, California targets a further reduction in greenhouse gas emissions. To help reach this goal, current California governor Jerry Brown has stated that a higher 40% RPS might be reachable in the near term. The levelized cost of energy is generally emphasized when assessing the economic viability of renewable energy systems implemented to achieve the RPS. However, the operational and capacity benefits of such systems are often ignored, which can lead to incorrect economic comparisons between CSP-TES and variable renewable generation technologies such as solar photovoltaics (PV). Here we evaluate a 40% RPS scenario in a California grid model with PV or CSP-TES providing the last 1% of RPS energy. We compare the technical and economic implications of integrating either solar technology under several sensitivities, finding that the ability to displace new conventional thermal generation capacity may be the largest source of value of CSP-TES compared to PV at high solar penetrations.

  15. Estimating the Value of Utility-Scale Solar Technologies in California Under a 40% Renewable Portfolio Standard

    SciTech Connect

    Jorgenson, J.; Denholm, P.; Mehos, M.

    2014-05-01

    Concentrating solar power with thermal energy storage (CSP-TES) is a unique source of solar energy in that its output can be shifted over time. The ability of CSP-TES to be a flexible source of generation may be particularly valuable in regions with high overall penetration of solar energy, such as the state of California. California's Renewable Portfolio Standard (RPS) requires the state to increase generation from eligible renewable energy resources to reach 33% of retail electricity sales by 2020. Beyond 2020, California targets a further reduction in greenhouse gas emissions. To help reach this goal, current California governor Jerry Brown has stated that a higher 40% RPS might be reachable in the near term. The levelized cost of energy is generally emphasized when assessing the economic viability of renewable energy systems implemented to achieve the RPS. However, the operational and capacity benefits of such systems are often ignored, which can lead to incorrect economic comparisons between CSP-TES and variable renewable generation technologies such as solar photovoltaics (PV). Here we evaluate a 40% RPS scenario in a California grid model with PV or CSP-TES providing the last 1% of RPS energy. We compare the technical and economic implications of integrating either solar technology under several sensitivities, finding that the ability to displace new conventional thermal generation capacity may be the largest source of value of CSP-TES compared to PV at high solar penetrations.

  16. Multi-Year Analysis Examines Costs, Benefits, and Impacts of Renewable Portfolio Standards

    SciTech Connect

    2016-01-01

    As states consider revising renewable portfolio standard (RPS) programs or developing new ones, careful assessments of the costs, benefits, and other impacts of existing policies will be critical. RPS programs currently exist in 29 states and Washington, D.C. Many of these policies, which were enacted largely during the late 1990s and 2000s, will reach their terminal targets by the end of this decade. The National Renewable Energy Laboratory (NREL) and Lawrence Berkeley National Laboratory (LBNL) are engaged in a multi-year project to examine the costs, benefits, and other impacts of state RPS polices both retrospectively and prospectively. This fact sheet overviews this work.

  17. Power Transfer Potential to the Southeast in Response to a Renewable Portfolio Standard: Interim Report 2

    SciTech Connect

    Hadley, Stanton W; Key, Thomas S; Deb, Rajat

    2009-05-01

    Electricity consumption in the Southeastern US, not including Florida, is approximately 24% of the total US. The availability of renewable resources for electricity production is relatively small compared to the high consumption. Therefore meeting a national renewable portfolio standard (RPS) is particularly challenging in this region. Neighboring regions, particularly to the west, have significant wind resources and given sufficient long distant transmission these resources could serve energy markets in the SE. This report looks at renewable resource supply relative to demands and the potential for power transfer into the SE. It shows that development of wind resources will depend not only on available transmission capacity but also on electricity supply and demand factors.

  18. 40 CFR 1036.241 - Demonstrating compliance with greenhouse gas pollutant standards.

    Code of Federal Regulations, 2014 CFR

    2014-07-01

    ... greenhouse gas pollutant standards. 1036.241 Section 1036.241 Protection of Environment ENVIRONMENTAL... HIGHWAY ENGINES Certifying Engine Families § 1036.241 Demonstrating compliance with greenhouse gas... deterioration factors as follows: (1) Additive deterioration factor for greenhouse gas emissions. Except...

  19. 40 CFR 1036.241 - Demonstrating compliance with greenhouse gas pollutant standards.

    Code of Federal Regulations, 2012 CFR

    2012-07-01

    ... greenhouse gas pollutant standards. 1036.241 Section 1036.241 Protection of Environment ENVIRONMENTAL... HIGHWAY ENGINES Certifying Engine Families § 1036.241 Demonstrating compliance with greenhouse gas... deterioration factors as follows: (1) Additive deterioration factor for greenhouse gas emissions. Except...

  20. 40 CFR 1036.241 - Demonstrating compliance with greenhouse gas pollutant standards.

    Code of Federal Regulations, 2013 CFR

    2013-07-01

    ... greenhouse gas pollutant standards. 1036.241 Section 1036.241 Protection of Environment ENVIRONMENTAL... HIGHWAY ENGINES Certifying Engine Families § 1036.241 Demonstrating compliance with greenhouse gas... deterioration factors as follows: (1) Additive deterioration factor for greenhouse gas emissions. Except...

  1. 40 CFR 1037.241 - Demonstrating compliance with exhaust emission standards for greenhouse gas pollutants.

    Code of Federal Regulations, 2013 CFR

    2013-07-01

    ... emission standards for greenhouse gas pollutants. 1037.241 Section 1037.241 Protection of Environment... standards for greenhouse gas pollutants. (a) For purposes of certification, your vehicle family is... below the applicable standards. See 40 CFR part 86, subpart S, for showing compliance with the...

  2. 40 CFR 1037.241 - Demonstrating compliance with exhaust emission standards for greenhouse gas pollutants.

    Code of Federal Regulations, 2014 CFR

    2014-07-01

    ... emission standards for greenhouse gas pollutants. 1037.241 Section 1037.241 Protection of Environment... standards for greenhouse gas pollutants. (a) For purposes of certification, your vehicle family is... below the applicable standards. See 40 CFR part 86, subpart S, for showing compliance with the...

  3. 40 CFR 1037.241 - Demonstrating compliance with exhaust emission standards for greenhouse gas pollutants.

    Code of Federal Regulations, 2012 CFR

    2012-07-01

    ... emission standards for greenhouse gas pollutants. 1037.241 Section 1037.241 Protection of Environment... standards for greenhouse gas pollutants. (a) For purposes of certification, your vehicle family is... below the applicable standards. See 40 CFR part 86, subpart S, for showing compliance with the...

  4. Beyond Renewable Portfolio Standards: An Assessment of Regional Supply and Demand Conditions Affecting the Future of Renewable Energy in the West; Report and Executive Summary

    SciTech Connect

    Hurlbut, D. J.; McLaren, J.; Gelman, R.

    2013-08-01

    This study assesses the outlook for utility-scale renewable energy development in the West once states have met their renewable portfolio standard (RPS) requirements. In the West, the last state RPS culminates in 2025, so the analysis uses 2025 as a transition point on the timeline of RE development. Most western states appear to be on track to meet their final requirements, relying primarily on renewable resources located relatively close to the customers being served. What happens next depends on several factors including trends in the supply and price of natural gas, greenhouse gas and other environmental regulations, consumer preferences, technological breakthroughs, and future public policies and regulations. Changes in any one of these factors could make future renewable energy options more or less attractive.

  5. 75 FR 81952 - Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-29

    ... Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and...-Duty National Program that will increase fuel efficiency and reduce greenhouse gas emissions for on... a comprehensive Heavy-Duty National Program that will increase fuel efficiency and reduce...

  6. Evaluating Renewable Portfolio Standards and Carbon Cap Scenarios in the U.S. Electric Sector

    SciTech Connect

    Bird, Lori; Chapman, Caroline; Logan, Jeff; Sumner, Jenny; Short, Walter

    2010-05-01

    This report examines the impact of various renewable portfolio standards (RPS) and cap-and-trade policy options on the U.S. electricity sector, focusing mainly on renewable energy generation. The analysis uses the National Renewable Energy Laboratory's Regional Energy Deployment System (ReEDS) model that simulates the least-cost expansion of electricity generation capacity and transmission in the United States to examine the impact of an emissions cap--similar to that proposed in the Waxman-Markey bill (H.R. 2454)--as well as lower and higher cap scenarios. It also examines the effects of combining various RPS targets with the emissions caps. The generation mix, carbon emissions, and electricity price are examined for various policy combinations to simulate the effect of implementing policies simultaneously.

  7. Power Transfer Potential to the Southeast in Response to a Renewable Portfolio Standard: Final Report

    SciTech Connect

    Key, Thomas S; Hadley, Stanton W; Deb, Rajat

    2010-02-01

    Electricity consumption in the Southeastern US, including Florida, is approximately 32% of the total US. The availability of renewable resources for electricity production is relatively small compared to the high consumption. Therefore meeting a national renewable portfolio standard (RPS) is particularly challenging in this region. Neighboring regions, particularly to the west, have significant wind resources and given sufficient transmission these resources could serve energy markets in the SE. This report looks at renewable resource supply relative to demands and the potential for power transfer into the SE. We found that significant wind energy transfers, at the level of 30-60 GW, are expected to be economic in case of federal RPC or CO2 policy. Development of wind resources will depend not only on the available transmission capacity and required balancing resources, but also on electricity supply and demand factors.

  8. Overall review of feed-in tariff and renewable portfolio standard policy: A perspective of China

    NASA Astrophysics Data System (ADS)

    Yan, Q. Y.; Zhang, Q.; Yang, L.; Wang, X.

    2016-08-01

    A major share of China's total carbon dioxide (CO2) emissions is from the electric power sector. To solve this problem, Chinese government has implemented many renewable energy policies in the electric power sector. In China, the most popular renewable energy policies are Feed-in tariff (FIT) and renewable portfolio standard (RPS). This paper first introduces the current development of renewable electricity generation. Second the design plan and implement of FIT and RPS in China's thermal electricity generation sector are summarized in this paper. Third this paper establishes a complementary mode of FIT and RPS which can provide a stable environment to make the FIT and RPS work together. Finally, based on the above analysis, this paper proposes relative suggestions for the implementation of FIT and RPS in China making recommendation for the development of electricity generation from renewable energy.

  9. Did state renewable portfolio standards induce technical change in methane mitigation in the U.S. landfill sector?

    NASA Astrophysics Data System (ADS)

    Delhotal, Katherine Casey

    Landfill gas (LFG) projects use the gas created from decomposing waste, which is approximately 49% methane, and substitute it for natural gas in engines, boilers, turbines, and other technologies to produce energy or heat. The projects are beneficial in terms of increased safety at the landfill, production of a cost-effective source of energy or heat, reduced odor, reduced air pollution emissions, and reduced greenhouse gas emissions. However, landfills sometimes face conflicting policy incentives. The theory of technical change shows that the diffusion of a technology or groups of technologies increases slowly in the beginning and then picks up speed as knowledge and better understanding of using the technology diffuses among potential users. Using duration analysis, data on energy prices, State and Federal policies related to landfill gas, renewable energy, and air pollution, as well as control data on landfill characteristics, I estimate the influence and direction of influence of renewable portfolio standards (RPS). The analysis found that RPS positively influences the diffusion of landfill gas technologies, encouraging landfills to consider electricity generation projects over direct sales of LFG to another facility. Energy price increases or increased revenues for a project are also critical. Barriers to diffusion include air emission permits in non-attainment areas and policies, such as net metering, which promote other renewables over LFG projects. Using the estimates from the diffusion equations, I analyze the potential influence of a Federal RPS as well as the potential interaction with a Federal, market based climate change policy, which will increase the revenue of a project through higher energy sale prices. My analysis shows that a market based climate change policy such as a cap-and-trade or carbon tax scheme would increase the number of landfill gas projects significantly more than a Federal RPS.

  10. The Portfolio Guidebook: Implementing Quality in an Age of Standards. Bill Harp Professional Teachers Library.

    ERIC Educational Resources Information Center

    Koch, Richard; Schwartz-Petterson, Jean

    This portfolio book provides an actual step-by-step complete system of writing assessment from the ground up and across all grade levels. The book suggests that teachers purposefully gather student portfolios, reflect meaningfully on them, and then validly and reliably rate them with statistical success that will also feed meaningfully back into…

  11. Survey of State-Level Cost and Benefit Estimates of Renewable Portfolio Standards

    SciTech Connect

    Heeter, J.; Barbose, G.; Bird, L.; Weaver, S.; Flores-Espino, F.; Kuskova-Burns, K.; Wiser, R.

    2014-05-01

    Most renewable portfolio standards (RPS) have five or more years of implementation experience, enabling an assessment of their costs and benefits. Understanding RPS costs and benefits is essential for policymakers evaluating existing RPS policies, assessing the need for modifications, and considering new policies. This study provides an overview of methods used to estimate RPS compliance costs and benefits, based on available data and estimates issued by utilities and regulators. Over the 2010-2012 period, average incremental RPS compliance costs in the United States were equivalent to 0.8% of retail electricity rates, although substantial variation exists around this average, both from year-to-year and across states. The methods used by utilities and regulators to estimate incremental compliance costs vary considerably from state to state and a number of states are currently engaged in processes to refine and standardize their approaches to RPS cost calculation. The report finds that state assessments of RPS benefits have most commonly attempted to quantitatively assess avoided emissions and human health benefits, economic development impacts, and wholesale electricity price savings. Compared to the summary of RPS costs, the summary of RPS benefits is more limited, as relatively few states have undertaken detailed benefits estimates, and then only for a few types of potential policy impacts. In some cases, the same impacts may be captured in the assessment of incremental costs. For these reasons, and because methodologies and level of rigor vary widely, direct comparisons between the estimates of benefits and costs are challenging.

  12. Supporting Solar Power in Renewables Portfolio Standards: Experience from the United States

    SciTech Connect

    Wiser, Ryan; Barbose, Galen; Holt, Edward

    2010-10-01

    Among the available options for encouraging the increased deployment of renewable electricity, renewables portfolio standards (RPS) have become increasingly popular. The RPS is a relatively new policy mechanism, however, and experience with its use is only beginning to emerge. One key concern that has been voiced is whether RPS policies will offer adequate support to a wide range of renewable energy technologies and applications or whether, alternatively, RPS programs will favor a small number of the currently least-cost forms of renewable energy. This report documents the design of and early experience with state-level RPS programs in the United States that have been specifically tailored to encourage a wider diversity of renewable energy technologies, and solar energy in particular. As shown here, state-level RPS programs specifically designed to support solar have already proven to be an important, albeit somewhat modest, driver for solar energy deployment, and those impacts are projected to continue to build in the coming years. State experience in supporting solar energy with RPS programs is mixed, however, and full compliance with existing requirements has not been achieved. The comparative experiences described herein highlight the opportunities and challenges of applying an RPS to specifically support solar energy, as well as the importance of policy design details to ensuring that program goals are achieved.

  13. The Costs and Benefits of Compliance with Renewable Portfolio Standards: Reviewing Experience to Date

    SciTech Connect

    Heeter, Jenny; Barbose, Galen; Bird, Lori; Weaver, Samantha; Flores, Francisco; Kuskova-Burns, Ksenia; Wiser, Ryan

    2014-03-12

    More than half of U.S. states have renewable portfolio standards (RPS) in place and have collectively deployed approximately 46,000 MW of new renewable energy capacity through year-end 2012. Most of these policies have five or more years of implementation experience, enabling an assessment of their costs and benefits. Understanding RPS benefits and costs is essential for policymakers evaluating existing RPS policies, assessing the need for modifications, and considering new policies. A key aspect of this study is the comprehensive review of existing RPS cost and benefit estimates, in addition to an examination of the variety of methods used to calculate such estimates. Based on available data and estimates reported by utilities and regulators, this study summarizes RPS costs to date. The study considers how those costs may evolve going forward, given scheduled increases in RPS targets and cost containment mechanisms incorporated into existing policies. The report also summarizes RPS benefits estimates, based on published studies for individual states, and discusses key methodological considerations.

  14. A status report on the design and implementation of state renewable portfolio standards and system benefits charge policies

    SciTech Connect

    Porter, K.; Wiser, R.

    2000-05-01

    At last year's Windpower conference, we reported on state policies to foster renewable energy as part of efforts to restructure state electric power markets. The primary policies states are pursuing for renewables are system benefits charges (SBC) and renewable portfolio standards (RPS). Renewable portfolio standard policies began taking effect this year, while other states are continuing to work on the design of their RPS implementation strategies. In addition, states have begun distributing proceeds from their SBC funds. As a result, some renewable energy projects are beginning to materialize. This paper provides an update on state efforts with these two policies and examines some of the implementation issues and difficulties that states have faced thus far.

  15. Renewable Portfolio Standards in the United States - A Status Report with Data Through 2007

    SciTech Connect

    Wiser, Ryan; Wiser, Ryan; Barbose, Galen; Bird, Lori; Churchill, Susannah; Deyette, Jeff; Holt, Ed

    2008-04-09

    Renewables portfolio standards (RPS) have proliferated at the state level in the United States since the late 1990s. In combination with Federal tax incentives, state RPS requirements have emerged as one of the most important drivers of renewable energy capacity additions. The focus of most RPS activity in the U.S. has been within the states. Nonetheless, the U.S. House of Representatives and Senate have, at different times, each passed versions of a Federal RPS; a Federal RPS, however, has not yet been signed into law. The design of an RPS can and does vary, but at its heart an RPS simply requires retail electricity suppliers (also called load-serving entities, or LSEs) to procure a certain minimum quantity of eligible renewable energy. An RPS establishes numeric targets for renewable energy supply, applies those targets to retail electricity suppliers, and seeks to encourage competition among renewable developers to meet the targets in a least-cost fashion. RPS purchase obligations generally increase over time, and retail suppliers typically must demonstrate compliance on an annual basis. Mandatory RPS policies are backed by various types of compliance enforcement mechanisms, and many--but not all--such policies include the trading of renewable energy certificates (RECs). Renewables portfolio standards are a relatively recent addition to the renewable energy policy landscape, and these policies continue to evolve. Keeping up with the design, early experience, and projected impacts of these programs is a challenge. This report seeks to fill this need by providing basic, factual information on RPS policies in the United States. It focuses on state-level initiatives, though a later section briefly discusses Federal developments as well. The report does not cover municipal-level renewable energy goals, unless required by state law. Similarly, this report focuses on mandatory state RPS requirements, though it also touches on non-binding renewable energy goals

  16. Relationship of Solar Energy Installation Permits to Renewable Portfolio Standards and Insolation

    NASA Astrophysics Data System (ADS)

    Butler, Kirt Gordon

    Legislated renewable portfolio standards (RPSs) may not be the key to ensure forecast energy demands are met. States without a legislated RPS and with efficient permitting procedures were found to have approved and issued 28.57% more permits on average than those with a legislated RPS. Assessment models to make informed decisions about the need and effect of legislated RPSs do not exist. Decision makers and policy creators need to use empirical data and a viable model to resolve the debate over a nationally legislated RPS. The purpose of this cross-sectional study was to determine if relationships between the independent variables of RPS and insolation levels and the dependent variable of the percentage of permits approved would prove to be a viable model. The research population was 68 cities in the United States, of which 55 were used in this study. The return on investment economic decision model provided the theoretical framework for this study and the model generated. The output of multiple regression analysis indicated a weak to medium positive relationship among the variables. None of these relationships were statistically significant at the 0.05 level. A model using site specific data might yield significant results and be useful for determining which solar energy projects to pursue and where to implement them without Federal or State mandated RPSs. A viable model would bring about efficiency gains in the permitting process and effectiveness gains in promoting installations of solar energy-based systems. Research leading to the development of a viable model would benefit society by encouraging the development of sustainable energy sources and helping to meet forecast energy demands.

  17. 40 CFR 1036.108 - Greenhouse gas emission standards.

    Code of Federal Regulations, 2014 CFR

    2014-07-01

    ... 40 CFR 1037.104. (a) Emission standards. Emission standards apply for engines measured using the test..., measure CO2 emissions using the steady-state duty cycle specified in 40 CFR 86.1362 (referred to as the... 40 CFR part 1037 for limits on using engines certified to only one cycle. For medium and heavy...

  18. 40 CFR 1036.108 - Greenhouse gas emission standards.

    Code of Federal Regulations, 2013 CFR

    2013-07-01

    ... 40 CFR 1037.104. (a) Emission standards. Emission standards apply for engines measured using the test..., measure CO2 emissions using the steady-state duty cycle specified in 40 CFR 86.1362 (referred to as the... 40 CFR part 1037 for limits on using engines certified to only one cycle. For medium and heavy...

  19. An analysis of Renewable Portfolio Standard policy formulation and its influence on state level energy prices

    NASA Astrophysics Data System (ADS)

    McCollester, Peter Colin

    Over the past two decades, environmental concern has crept to the forefront of the world policy agenda. This concern has manifested itself differently throughout the world. In the United States, this has come in the form of Renewable Portfolio Standards (RPS) which have become one of the primary policy tools which states use to encourage renewable energy generation. The advent of RPS has spurred intense debate at a federal and state level, centering on the economic merits of promoting renewable energy generation. Detractors argue that RPS will raise electricity rates, since generation from renewable sources is typically costlier than energy generated from fossil fuels. At this point, evidence to the relationship between RPS on electricity prices remains unclear. Researchers have attempted to understand this relationship through a variety of means. The most common being regression based models, which utilize readily available United States Energy Information Agency (US EIA) data, and have uncovered a number of important independent variables which are incorporated into the model in this study. Examples include personal income, state population, and deregulation of an energy market. In addition to empirical studies, the National Renewable Energy Laboratory (NREL) has created complex mathematical models which generate scenario projections based on a number of assumptions. While interesting, these are forward looking tools and as such have not yielded a tremendous amount of insight into the underlying policy mechanics of RPS. A challenge of addressing this topic which is worth noting is that much of the research available which analyzes the merits of RPS caters to distinct political or private sector agendas. The research gathered for this study is comprehensive, and attempts to avoid studies with any clear political, ideological, or financial motivation. Using the insights from previous researchers this study develops a rigorous fixed effects regression model to

  20. An analysis of the impact of Renewable Portfolio Standards on residential electricity prices

    NASA Astrophysics Data System (ADS)

    Larson, Andrew James

    A Renewable Portfolio Standard (RPS) has become a popular policy for states seeking to increase the amount of renewable energy generated for consumers of electricity. The success of these state programs has prompted debate about the viability of a national RPS. The impact that these state level policies have had on the price consumers pay for electricity is the subject of some debate. Several federal organizations have conducted studies of the impact that a national RPS would have on electricity prices paid by consumers. NREL and US EIA utilize models that analyze the inputs in electricity generation to examine the future price impact of changes to electricity generation and show marginal increases in prices paid by end users. Other empirical research has produced similar results, showing that the existence of an RPS increases the price of electricity. These studies miss important aspects of RPS policies that may change how we view these price increases from RPS policies. By examining the previous empirical research on RPS policies, this study seeks to identify the controls necessary to build an effective model. These controls are utilized in a fixed effects model that seeks to show how the controls and variables of interest impact electricity prices paid by residential consumers of electricity. This study utilizes a panel data set from 1990 to 2014 to analyze the impact of these policies controlling for generating capacity, the regulatory status of utilities in each state, demographic characteristics of the states, and fuel prices. The results of the regressions indicate that prices are likely to be higher in states that have an RPS compared to states that do not have such a policy. Several of the characteristics mentioned above have price impacts, and so discussing RPS policies in the context of other factors that contribute to electricity prices is essential. In particular, the regulatory status of utilities in each state is an important determinate of price as

  1. 78 FR 51724 - California State Motor Vehicle Pollution Control Standards; Tractor-Trailer Greenhouse Gas...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-08-21

    ... AGENCY California State Motor Vehicle Pollution Control Standards; Tractor-Trailer Greenhouse Gas...: The California Air Resources Board (CARB) has notified EPA that it has adopted a tractor-trailer... new and in-use tractors that haul such trailers on California highways (HD Tractor-Trailer...

  2. Using Teaching Portfolios.

    ERIC Educational Resources Information Center

    Painter, Bryan

    2001-01-01

    Teaching portfolios are not just scrapbooks of random assignments and student work samples, but represent teachers' evolving reflections and analyses measured against rigorous standards. Thoughtful reflection, not a color printer, is the key to portfolio success. Tips on assembling suitable "artifacts" and handling anxiety and time constraints are…

  3. Of paradise and clean power: The effect of California's renewable portfolio standard on in-state renewable energy generation

    NASA Astrophysics Data System (ADS)

    Yin, Clifton Lee

    Renewable portfolio standards (RPS), policies that encourage acquisition of electricity from renewable energy sources, have become popular instruments for discouraging the use of climate change inducing-fossil fuels. There has been limited research, however, that empirically evaluates their effectiveness. Using data gathered by three governmental entities -- the federal-level Energy Information Administration and two California agencies, the Employment Development Department and the Department of Finance -- this paper investigates the impact of California's RPS, one of the nation's most ambitious such policies, on in-state renewable energy generation. It finds that the California RPS did not bring about a one-time increase in generation with its inception, nor did it compel an increase in generation over time. These results raise questions as to the best way to structure RPS policies in light of growing interest in the establishment of a national RPS.

  4. Faculty/Staff Perceptions of a Standards-Based Exit Portfolio System for Graduate Students

    ERIC Educational Resources Information Center

    McNamara, Tena L.; Bailey, Rita L.

    2006-01-01

    New standards for certification were recently developed for speech-language pathology graduate training programs by the American Speech-Language-Hearing Association. The new standards are outcomes-based rather than process-based. Using a collective case study approach, this article highlights the perceptions of faculty and staff regarding use of a…

  5. Comments on the Joint Proposed Rulemaking to Establish Light-Duty Vehicle Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards

    SciTech Connect

    Wenzel, Tom

    2009-10-27

    Tom Wenzel of Lawrence Berkeley National Laboratory comments on the joint rulemaking to establish greenhouse gas emission and fuel economy standards for light-duty vehicle, specifically on the relationship between vehicle weight and vehicle safety.

  6. Multi-Year Analysis of Renewable Energy Impacts in California: Results from the Renewable Portfolio Standards Integration Cost Analysis; Preprint

    SciTech Connect

    Milligan, M.; Shiu, H.; Kirby, B.; Jackson, K.

    2006-08-01

    California's Renewable Portfolio Standard (RPS, Senate Bill 1078) requires the state's investor-owned utilities to obtain 20% of their energy mix from renewable generation sources. To facilitate the imminent increase in the penetration of renewables, the California Energy Commission (CEC), in support of the California Public Utility Commission (CPUC), initiated a study of integration costs in the context of RPS implementation. This effort estimated the impact of renewable generation in the regulation and load-following time scales and calculated the capacity value of renewable energy sources using a reliability model. The analysis team, consisting of researchers from the National Renewable Energy Laboratory (NREL), Oak Ridge National Laboratory (ORNL) and the California Wind Energy Collaborative (CWEC), performed the study in cooperation with the California Independent System Operator (CaISO), the Pacific Gas and Electric Company (PG&E), and Southern California Edison (SCE). The study was conducted over three phases and was followed by an analysis of a multi-year period. This paper presents results from the multi-year analysis and the Phase III recommendations.

  7. State-level renewable portfolio standards: Evaluating their effectiveness in increasing renewable electricity generation and reducing carbon emissions

    NASA Astrophysics Data System (ADS)

    Denneny, Matthew J.

    The renewable portfolio standard (RPS) is a key state-level policy instrument meant to encourage renewable energy development and address climate change by mandating increased electricity generation from low-carbon renewable sources. In analyzing the effectiveness of RPS policies, I hypothesize that these policies should increase renewable electricity generation and reduce carbon dioxide emissions from electricity generation. Additionally, I hypothesize that more stringent RPS policies should allow for greater increases in renewable energy generation and larger declines in CO2 emissions. To test these hypotheses, I use pooled and fixed effects models to examine how RPS policies play a role in affecting renewable electricity generation and CO 2 emissions. My results suggest that these policies increase electricity generation from renewable sources and that the stringency of these policies matters. However, the results are mixed in regard to their effectiveness in reducing CO2 emissions. These findings suggest that RPS policies as they are now may not be the best way to reduce CO2 emissions. Other policies that more directly target emissions may be necessary for states to see the emissions reductions they desire.

  8. The Treatment of Renewable Energy Certificates, EmissionsAllowances, and Green Power Programs in State Renewables PortfolioStandards

    SciTech Connect

    Holt, Edward A.; Wiser, Ryan H.

    2007-04-17

    Twenty-one states and the District of Columbia have adopted mandatory renewables portfolio standards (RPS) over the last ten years. Renewable energy attributes-such as the energy source, conversion technology, plant location and vintage, and emissions-are usually required to verify compliance with these policies, sometimes through attributes bundled with electricity, and sometimes with the attributes unbundled from electricity and traded separately as renewable energy certificates (RECs). This report summarizes the treatment of renewable energy attributes in state RPS rules. Its purpose is to provide a source of information for states considering RPS policies, and also to draw attention to certain policy issues that arise when renewable attributes and RECs are used for RPS compliance. Three specific issues are addressed: (1) the degree to which unbundled RECs are allowed under existing state RPS programs and the status of systems to track RECs and renewable energy attributes; (2) definitions of the renewable energy attributes that must be included in order to meet state RPS obligations, including the treatment of available emissions allowances; and (3) state policies on whether renewable energy or RECs sold through voluntary green power transactions may count towards RPS obligations.

  9. Forging consensus on national renewables policy: The renewables portfolio standard and the national public benefits trust fund

    SciTech Connect

    Haddad, B.M.; Jefferiss, P. |

    1999-03-01

    Renewable-energy policymaking is entering a critical phase. National renewable-energy policy is being debated in the current session of Congress, and numerous states have taken up and are taking up the issue of restructuring. It seems timely to review the basic justifications for public policy intervention on behalf of renewable-resource electricity and to evaluate the two leading proposals: the renewables portfolio standard (RPS) and the national public benefits trust fund. A superficial understanding of these proposals has sometimes led even sustainable energy advocates to portray them as mutually incompatible alternatives. A misperception with even more serious consequences has been that public policy support for sustainable energy is not only unnecessary with the advent of consumer choice in electricity markets, but that it will actually impede, rather than enhance, the efficiency of those markets in delivering green power. In this article, the authors argue that intervention is necessary, and that the two leading proposals are complementary, each having unique strengths in enhancing the competitiveness of renewable-energy technologies in different stages of their product cycles, and together covering all the stages of the product cycle.

  10. Weighing the Costs and Benefits of Renewables Portfolio Standards:A Comparative Analysis of State-Level Policy Impact Projections

    SciTech Connect

    Chen, Cliff; Wiser, Ryan; Bolinger, Mark

    2007-01-16

    State renewables portfolio standards (RPS) have emerged as one of the most important policy drivers of renewable energy capacity expansion in the U.S. Collectively, these policies now apply to roughly 40% of U.S. electricity load, and may have substantial impacts on electricity markets, ratepayers, and local economies. As RPS policies have been proposed or adopted in an increasing number of states, a growing number of studies have attempted to quantify the potential impacts of these policies, focusing primarily on projecting cost impacts, but sometimes also estimating macroeconomic and environmental effects. This report synthesizes and analyzes the results and methodologies of 28 distinct state or utility-level RPS cost impact analyses completed since 1998. Together, these studies model proposed or adopted RPS policies in 18 different states. We highlight the key findings of these studies on the costs and benefits of RPS policies, examine the sensitivity of projected costs to model assumptions, assess the attributes of different modeling approaches, and suggest possible areas of improvement for future RPS analysis.

  11. Academics on Non-Standard Contracts in UK Universities: Portfolio Work, Choice and Compulsion

    ERIC Educational Resources Information Center

    Brown, Donna; Gold, Michael

    2007-01-01

    This paper analyses the profile and motivation of over 1,300 academics employed on part-time, fixed term or temporary contracts at 10 post-1992 UK universities, whom it categorises as "non-standard academics". Based on a questionnaire survey, it investigates their demographic background, including age, gender and ethnic background, as well as the…

  12. Like Portfolios for Assessment (Middle School).

    ERIC Educational Resources Information Center

    Katz, Claudia Anne; Johnson-Kuby, Sue Ann

    1996-01-01

    Describes 10 variations on the portfolio for assessment: literacy portfolio, reflection portfolio, "reflection the beauty" portfolio, process portfolio, student portfolio, reading portfolio, featherweight portfolio, showcase portfolio, exit portfolio, and literacy portfolio revisited. Accompanies each one with a "recipe." (SR)

  13. Portfolio Assessment.

    ERIC Educational Resources Information Center

    Dagavarian, Debra A.

    The portfolio assessment process at Thomas A. Edison State College is described in this report. Through portfolio assessment, the school helps students identify and gain credit for college-level skills and knowledge acquired through work, volunteer activities, independent reading, military or corporate training, and life experiences that may be…

  14. An evaluation of the impact of state Renewable Portfolio Standards (RPS) on retail, commercial, and industrial electricity prices

    NASA Astrophysics Data System (ADS)

    Puram, Rakesh

    The Renewable Portfolio Standard (RPS) has become a popular mechanism for states to promote renewable energy and its popularity has spurred a potential bill within Congress for a nationwide Federal RPS. While RPS benefits have been touted by several groups, it also has detractors. Among the concerns is that RPS standards could raise electricity rates, given that renewable energy is costlier than traditional fossil fuels. The evidence on the impact of RPS on electricity prices is murky at best: Complex models by NREL and USEIA utilize computer programs with several assumptions which make empirical studies difficult and only predict slight increases in electricity rates associated with RPS standards. Recent theoretical models and empirical studies have found price increases, but often fail to comprehensively include several sets of variables, which in fact could confound results. Utilizing a combination of past papers and studies to triangulate variables this study aims to develop both a rigorous fixed effects regression model as well as a theoretical framework to explain the results. This study analyzes state level panel data from 2002 to 2008 to analyze the effect of RPS on residential, commercial, and industrial electricity prices, controlling for several factors including amount of electricity generation from renewable and non-renewable sources, customer incentives for renewable energy, macroeconomic and demographic indicators, and fuel price mix. The study contrasts several regressions to illustrate important relationships and how inclusions as well as exclusion of various variables have an effect on electricity rates. Regression results indicate that the presence of RPS within a state increases the commercial and residential electricity rates, but have no discernable effect on the industrial electricity rate. Although RPS tends to increase electricity prices, the effect has a small impact on higher electricity prices. The models also indicate that jointly all

  15. Kentucky Student Portfolios: Expectations of Success.

    ERIC Educational Resources Information Center

    Stroble, Elizabeth J.

    1993-01-01

    Describes ways in which the content and assessment standards for Kentucky student portfolios enable students to achieve success under the Kentucky Education Reform Act. Portfolio evaluation and assembly concerns that threaten equity for Kentucky students are also discussed. Portfolio assessment criteria, rubrics, and student benchmarks communicate…

  16. Portfolio Management

    NASA Technical Reports Server (NTRS)

    Duncan, Sharon L.

    2011-01-01

    Enterprise Business Information Services Division (EBIS) supports the Laboratory and its functions through the implementation and support of business information systems on behalf of its business community. EBIS Five Strategic Focus Areas: (1) Improve project estimating, planning and delivery capability (2) Improve maintainability and sustainability of EBIS Application Portfolio (3) Leap forward in IT Leadership (4) Comprehensive Talent Management (5) Continuous IT Security Program. Portfolio Management is a strategy in which software applications are managed as assets

  17. Using the ePortfolio to Complement Standardized Testing in a Healthcare Professional Program: Better Education or More Busy Work?

    ERIC Educational Resources Information Center

    Chan, Clarence

    2012-01-01

    This article evaluates the full-scale integration of the ePortfolio into a healthcare professional program in an open admissions community college in the United States. The Physical Therapist Assistant program in question struggles to balance the dynamic tension between preparing students for a summative multiple-choice licensing examination and…

  18. Switching portfolios.

    PubMed

    Singer, Y

    1997-08-01

    A constant rebalanced portfolio is an asset allocation algorithm which keeps the same distribution of wealth among a set of assets along a period of time. Recently, there has been work on on-line portfolio selection algorithms which are competitive with the best constant rebalanced portfolio determined in hindsight (Cover, 1991; Helmbold et al., 1996; Cover and Ordentlich, 1996). By their nature, these algorithms employ the assumption that high returns can be achieved using a fixed asset allocation strategy. However, stock markets are far from being stationary and in many cases the wealth achieved by a constant rebalanced portfolio is much smaller than the wealth achieved by an ad hoc investment strategy that adapts to changes in the market. In this paper we present an efficient portfolio selection algorithm that is able to track a changing market. We also describe a simple extension of the algorithm for the case of a general transaction cost, including the transactions cost models recently investigated in (Blum and Kalai, 1997). We provide a simple analysis of the competitiveness of the algorithm and check its performance on real stock data from the New York Stock Exchange accumulated during a 22-year period. On this data, our algorithm outperforms all the algorithms referenced above, with and without transaction costs. PMID:9730020

  19. Physics Portfolios

    ERIC Educational Resources Information Center

    Whitworth, Brooke A.; Bell, Randy L.

    2013-01-01

    Traditionally, teachers assess students' physics understanding through lab activities, responses to open-ended word problems, and tests. But there is another way to measure student understanding, one in which students apply their learning to the world around them. This article shows how to implement student portfolios, which allow students to…

  20. Electronic Portfolios.

    ERIC Educational Resources Information Center

    Purves, Alan C.

    1996-01-01

    Outlines three forms of electronic portfolio based on a student's work, a class project about a specific topic, and a class seminar on a broad topic. Discusses logistical problems of management, access, and cross-referencing; technical problems of input, access, and copying; and theoretical issues of the lack of realia, of ownership and copyright,…

  1. 75 FR 74151 - Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-11-30

    ... dates: November 15, 2010 in Chicago, IL; and November 18, 2010 in Cambridge, MA, as announced at 75 FR... EPA's Advance Notice of Proposed Rulemaking for regulating greenhouse gases under the CAA (see 73 FR... Transformation of Our Nation's Fleet of Cars And Trucks,'' Issued May 21, 2010, published at 75 FR 29399, May...

  2. Alternative Fuel Vehicle Adoption Increases Fleet Gasoline Consumption and Greenhouse Gas Emissions under United States Corporate Average Fuel Economy Policy and Greenhouse Gas Emissions Standards.

    PubMed

    Jenn, Alan; Azevedo, Inês M L; Michalek, Jeremy J

    2016-03-01

    The United States Corporate Average Fuel Economy (CAFE) standards and Greenhouse Gas (GHG) Emission standards are designed to reduce petroleum consumption and GHG emissions from light-duty passenger vehicles. They do so by requiring automakers to meet aggregate criteria for fleet fuel efficiency and carbon dioxide (CO2) emission rates. Several incentives for manufacturers to sell alternative fuel vehicles (AFVs) have been introduced in recent updates of CAFE/GHG policy for vehicles sold from 2012 through 2025 to help encourage a fleet technology transition. These incentives allow automakers that sell AFVs to meet less-stringent fleet efficiency targets, resulting in increased fleet-wide gasoline consumption and emissions. We derive a closed-form expression to quantify these effects. We find that each time an AFV is sold in place of a conventional vehicle, fleet emissions increase by 0 to 60 t of CO2 and gasoline consumption increases by 0 to 7000 gallons (26,000 L), depending on the AFV and year of sale. Using projections for vehicles sold from 2012 to 2025 from the Energy Information Administration, we estimate that the CAFE/GHG AFV incentives lead to a cumulative increase of 30 to 70 million metric tons of CO2 and 3 to 8 billion gallons (11 to 30 billion liters) of gasoline consumed over the vehicles' lifetimes - the largest share of which is due to legacy GHG flex-fuel vehicle credits that expire in 2016. These effects may be 30-40% larger in practice than we estimate here due to optimistic laboratory vehicle efficiency tests used in policy compliance calculations. PMID:26867100

  3. Alternative Fuel Vehicle Adoption Increases Fleet Gasoline Consumption and Greenhouse Gas Emissions under United States Corporate Average Fuel Economy Policy and Greenhouse Gas Emissions Standards.

    PubMed

    Jenn, Alan; Azevedo, Inês M L; Michalek, Jeremy J

    2016-03-01

    The United States Corporate Average Fuel Economy (CAFE) standards and Greenhouse Gas (GHG) Emission standards are designed to reduce petroleum consumption and GHG emissions from light-duty passenger vehicles. They do so by requiring automakers to meet aggregate criteria for fleet fuel efficiency and carbon dioxide (CO2) emission rates. Several incentives for manufacturers to sell alternative fuel vehicles (AFVs) have been introduced in recent updates of CAFE/GHG policy for vehicles sold from 2012 through 2025 to help encourage a fleet technology transition. These incentives allow automakers that sell AFVs to meet less-stringent fleet efficiency targets, resulting in increased fleet-wide gasoline consumption and emissions. We derive a closed-form expression to quantify these effects. We find that each time an AFV is sold in place of a conventional vehicle, fleet emissions increase by 0 to 60 t of CO2 and gasoline consumption increases by 0 to 7000 gallons (26,000 L), depending on the AFV and year of sale. Using projections for vehicles sold from 2012 to 2025 from the Energy Information Administration, we estimate that the CAFE/GHG AFV incentives lead to a cumulative increase of 30 to 70 million metric tons of CO2 and 3 to 8 billion gallons (11 to 30 billion liters) of gasoline consumed over the vehicles' lifetimes - the largest share of which is due to legacy GHG flex-fuel vehicle credits that expire in 2016. These effects may be 30-40% larger in practice than we estimate here due to optimistic laboratory vehicle efficiency tests used in policy compliance calculations.

  4. 76 FR 59922 - Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-09-28

    ... were published in the Federal Register of Thursday, September 15, 2011 (76 FR 57106). The regulations established fuel efficiency standards for medium- and heavy-duty engines and vehicles, as prescribed under the... Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles AGENCY:...

  5. 76 FR 65971 - Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2011-10-25

    ... parts 523 and 535), which were published in the Federal Register of Thursday, September 15, 2011 (76 FR 57106). The regulations established fuel efficiency standards for medium- and heavy-duty engines and... Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles...

  6. Portfolio Development for Teacher Candidates. ERIC Digest.

    ERIC Educational Resources Information Center

    Takona, James P.

    This Digest is intended to help teacher candidates systematically gauge their progress toward the teaching profession by developing a portfolio. Portfolios are one way to assess teacher candidates, and they are a major requirement for experienced teachers seeking board certification from the National Board for Professional Teaching Standards. The…

  7. On-Line Support and Portfolio Assessment for NETS-T Standards In Pre-Service Programs at a Large Southeastern University.

    ERIC Educational Resources Information Center

    Shoffner, Mary B.; Dias, Laurie B.

    This paper details the theoretical underpinnings of one university's approach to technology integration in its pre-service teacher preparation programs, and the results of a continuous, feedback-driven project to evaluate for technology integration through a student portfolio development process. Portfolios are assessed for multiple education and…

  8. The Reality of Assessing "Authentic" Electronic Portfolios: Can Electronic Portfolios Serve as a Form of Standardized Assessment to Measure Literacy and Self-Regulated Learning at the Elementary Level?

    ERIC Educational Resources Information Center

    Bures, Eva Mary; Barclay, Alexandra; Abrami, Philip C.; Meyer, Elizabeth J.

    2013-01-01

    This study explores electronic portfolios and their potential to assess student literacy and selfregulated learning in elementary-aged children. Assessment tools were developed and include a holistic rubric that assigns a mark from 1 to 5 to self-regulated learning (SRL) and a mark to literacy, and an analytical rubric measuring multiple…

  9. Summary of Recommendations: Legislative and Regulatory Actions to Consider for Ensuring the Long-Term Effectiveness of the Nevada Renewable Portfolio Standard

    SciTech Connect

    Porter, Kevin; Grace, Robert; Wiser, Ryan

    2004-10-29

    In 2001, the Nevada Legislature passed an aggressive renewable portfolio standard (Nevada RPS) that called for 5% of each major utility's resource mix to come from eligible renewable energy by 2003, rising by 2% every two years to 15% by 2013. Of the RPS standard, 5% per year must come from solar energy. The early performance of the Nevada RPS is generally considered to be disappointing. So far, only a small quantity of electricity state wide has been generated by new renewable energy systems. The utilities and many other stakeholders appear to agree that the utilities, which were unable to fully comply with the RPS in 2003, will continue to have difficulty complying in 2004 and 2005, and perhaps beyond. To date, there have been several efforts to improve compliance with the RPS (such as California and New Mexico). Other states in the region are also motivated to develop their renewable resources, and some have adopted RPS policies. A workshop as held on November 4, 2004 in Reno in order to address additional measures available to strengthen the Nevada RPS, and to consider the implications and potential interaction with RPS policies in nearby states. The purpose of this report is to identify and summarize the top policy priorities, from among those identified and discussed at the November 4, 2004 Reno Workshop, to be considered by the Nevada Renewable Energy and Energy Efficiency Task Force for implementation.

  10. Comments on the Joint Proposed Rulemaking to Establish Light-Duty Vehicle Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards

    SciTech Connect

    Wenzel, Thomas P

    2009-10-27

    I appreciate the opportunity to provide comments on the joint rulemaking to establish greenhouse gas emission and fuel economy standards for light-duty vehicles. My comments are directed at the choice of vehicle footprint as the attribute by which to vary fuel economy and greenhouse gas emission standards, in the interest of protecting vehicle occupants from death or serious injury. I have made several of these points before when commenting on previous NHTSA rulemakings regarding CAFE standards and safety. The comments today are mine alone, and do not necessarily represent the views of the US Department of Energy, Lawrence Berkeley National Laboratory, or the University of California. My comments can be summarized as follows: (1) My updated analysis of casualty risk finds that, after accounting for drivers and crash location, there is a wide range in casualty risk for vehicles with the same weight or footprint. This suggests that reducing vehicle weight or footprint will not necessarily result in increased fatalities or serious injuries. (2) Indeed, the recent safety record of crossover SUVs indicates that weight reduction in this class of vehicles resulted in a reduction in fatality risks. (3) Computer crash simulations can pinpoint the effect of specific design changes on vehicle safety; these analyses are preferable to regression analyses, which rely on historical vehicle designs, and cannot fully isolate the effect of specific design changes, such as weight reduction, on crash outcomes. (4) There is evidence that automakers planned to build more large light trucks in response to the footprint-based light truck CAFE standards. Such an increase in the number of large light trucks on the road may decrease, rather than increase, overall safety.

  11. Weighing the Costs and Benefits of State Renewables Portfolio Standards in the United States: A Comparative Analysis of State-Level Policy Impact Projections

    SciTech Connect

    Chen, Cliff; Wiser, Ryan; Mills, Andrew; Bolinger, Mark

    2008-01-07

    State renewables portfolio standards (RPS) have emerged as one of the most important policy drivers of renewable energy capacity expansion in the U.S. As RPS policies have been proposed or adopted in an increasing number of states, a growing number of studies have attempted to quantify the potential impacts of these policies, focusing primarily on cost impacts, but sometimes also estimating macroeconomic, risk reduction, and environmental effects. This article synthesizes and analyzes the results and methodologies of 31 distinct state or utility-level RPS cost-impact analyses completed since 1998. Together, these studies model proposed or adopted RPS policies in 20 different states. We highlight the key findings of these studies on the projected costs of state RPS policies, examine the sensitivity of projected costs to model assumptions, evaluate the reasonableness of key input assumptions, and suggest possible areas of improvement for future RPS analyses. We conclude that while there is considerable uncertainty in the study results, the majority of the studies project modest cost impacts. Seventy percent of the state RPS cost studies project retail electricity rate increases of no greater than one percent. Nonetheless, there is considerable room for improving the analytic methods, and therefore accuracy, of these estimates.

  12. 75 FR 25323 - Light-Duty Vehicle Greenhouse Gas Emission Standards and Corporate Average Fuel Economy Standards...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-05-07

    ... Order Reviews 1. Executive Order 12866: Regulatory Planning and Review 2. Paperwork Reduction Act 3... National Program 4. Review of CAFE Standard Setting Methodology per the President's January 26, 2009... Technology Transfer and Advancement Act 20. Executive Order 13211 21. Department of Energy Review 22....

  13. 77 FR 51499 - Greenhouse Gas Emissions Standards and Fuel Efficiency Standards for Medium- and Heavy-Duty...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-24

    ... standards should have considered GHG emissions on a life- cycle basis, rather than focusing on tailpipe GHG emissions only. If the agencies had considered life-cycle GHG emissions, they would have apportioned credits... meant to argue that the agencies should have chosen to regulate GHG emissions from a...

  14. Creating Your Own Professional Portfolio.

    ERIC Educational Resources Information Center

    Salend, Spencer J.

    2001-01-01

    This article provides educators with guidelines and resources for developing professional portfolios that reflect their experiences, training, and achievements as educators. It discusses developing a portfolio, what to include in a portfolio, organizing a portfolio, the benefits of a professional portfolio, and packaging a portfolio. (Author/CR)

  15. Portfolios in Physics

    ERIC Educational Resources Information Center

    Nickelson, Dennis

    2004-01-01

    This article discusses how to develop portfolios in physics in order to assess student attainment of course goals. Portfolio assessment can include many forms of alternative assessment. Portfolios require students to collect and reflect on examples of their work. This form of assessment forces alternative ways of thinking by the teacher about what…

  16. Comprehensive Education Portfolio with a Career Focus

    ERIC Educational Resources Information Center

    Kruger, Evonne J.; Holtzman, Diane M.; Dagavarian, Debra A.

    2013-01-01

    There are many types of student portfolios used within academia: the prior learning portfolio, credentialing portfolio, developmental portfolio, capstone portfolio, individual course portfolio, and the comprehensive education portfolio. The comprehensive education portfolio (CEP), as used by the authors, is a student portfolio, developed over…

  17. Analysis of renewable portfolio standards

    SciTech Connect

    Bernow, S.; Dougherty, W.; Duckworth, M.

    1997-12-31

    A national RPS would increase the fraction of U.S. electricity generation from renewable technologies at least cost. It would help ensure that the cost and performance of these technologies would improve with manufacturing experience, scale economies, and learning-by-doing from their integration into electric systems. Thus, their economic, environmental, energy security, and sustainability benefits would be realized.

  18. Effect of standard of living on energy consumption and the CO{sub 2} greenhouse effect

    SciTech Connect

    Hung-Yee Shu; Ming-Chin Chang; Shaw, H.

    1996-12-31

    Per capita energy growth patterns were lumped into 6 global regions of similar sociopolitical background, and used to project the rate of growth of atmospheric CO{sub 2}. The 6 key global regions specifically considered were: (1) North America (U.S. and Canada) [NA], (2) Middle East (North Africa and Persian Gulf States) [ME], (3) Commonwealth of Independent States and Eastern Europe [CISEE], (4) China and other centrally planned Asiatic economies [CPAE], (5) Industrialized Countries (including Western Europe, Australia, New Zealand, Israel, Japan, and South Africa) [IC], (6) Less Developed Countries (including all of South and Central America, Central Africa, and the rest of Asia) [LDC]. LDC population will grow 2.7 times from 50 to 67% of world population from 1990 to 2100. Over the same period, world population will grow from 5.2 to 11.9 billion people, and energy use from 15 to 60 TW. LDC energy use will grow disproportionately faster from 20 to 40%, and that in IC will slow from 30 to 22% of world energy. Data on the gross domestic product (GDP) from the World Bank were used as surrogates for standard of living (SOL) to relate world energy consumption with SOL. Per capita energy consumption varied linearly with per capita GDP for the LDC, but was independent of GDP for IC. The per capita energy consumption was multiplied by the population to project the total world energy consumption. We projected that non-fossil energy sources consisting mostly of nuclear energy will overtake fossil energy consisting mostly of coal derived products in the year 2075. The growth of CO{sub 2} emissions from 6 to 18.2 GtC/a will result in an average global temperature increase of 3{degrees}C due to this source only. However, CO{sub 2} is only about half the problem. When all infrared absorbing gases are considered, an average increase of 5.6 {degrees}C is projected for 2100. 7 figs., 1 tab.

  19. A Guide for Judging Portfolios.

    ERIC Educational Resources Information Center

    Paulson, F. Leon; Paulson, Pearl R.

    A theory of portfolio assembly is presented and used to guide analysis of portfolios. Features of a portfolio evaluation approach known as the Cognitive Model for Assessing Portfolios (CMAP) are outlined. This model assumes that portfolios begin as relatively simple collections and gradually grow into complex, articulate stories of knowing. It is…

  20. Impact of the renewable oxygenate standard for reformulated gasoline on ethanol demand, energy use, and greenhouse gas emissions

    SciTech Connect

    Stork, K.C.; Singh, M.K.

    1995-04-01

    To assure a place for renewable oxygenates in the national reformulated gasoline (RFG) program, the US Environmental Protection Agency has promulgated the renewable oxygenate standard (ROS) for RFG. It is assumed that ethanol derived from corn will be the only broadly available renewable oxygenate during Phase I of the RFG program. This report analyzes the impact that the ROS could have on the supply of ethanol, its transported volume, and its displacement from existing markets. It also considers the energy and crude oil consumption and greenhouse gas (GHG) emissions that could result from the production and use of various RFGs that could meet the ROS requirements. The report concludes that on the basis of current and projected near-term ethanol capacity, if ethanol is the only available renewable oxygenate used to meet the requirements of the ROS, diversion of ethanol from existing use as a fuel is likely to be necessary. Year-round use of ethanol and ETBE would eliminate the need for diversion by reducing winter demand for ethanol. On an RFG-program-wide basis, using ethanol and ETBE to satisfy the ROS can be expected to slightly reduce fossil energy use, increase crude oil use, and have essentially no effect on GHG emissions or total energy use relative to using RFG oxygenated only with MTBE.

  1. Risk modelling in portfolio optimization

    NASA Astrophysics Data System (ADS)

    Lam, W. H.; Jaaman, Saiful Hafizah Hj.; Isa, Zaidi

    2013-09-01

    Risk management is very important in portfolio optimization. The mean-variance model has been used in portfolio optimization to minimize the investment risk. The objective of the mean-variance model is to minimize the portfolio risk and achieve the target rate of return. Variance is used as risk measure in the mean-variance model. The purpose of this study is to compare the portfolio composition as well as performance between the optimal portfolio of mean-variance model and equally weighted portfolio. Equally weighted portfolio means the proportions that are invested in each asset are equal. The results show that the portfolio composition of the mean-variance optimal portfolio and equally weighted portfolio are different. Besides that, the mean-variance optimal portfolio gives better performance because it gives higher performance ratio than the equally weighted portfolio.

  2. A Science Portfolio

    ERIC Educational Resources Information Center

    Roecker, Lee; Baltisberger, Jay; Saderholm, Matthew; Smithson, Paul; Blair, Larry

    2007-01-01

    The use of portfolios has had a positive impact on students, faculty, and the program in the Chemistry Department at Berea College. The portfolio allows for the inclusion in the curriculum of activities that occur outside of the classroom and offers a convenient means to monitor student participation in those activities. In addition to guiding…

  3. Portfolios, Power, and Ethics

    ERIC Educational Resources Information Center

    Lynch, Brian; Shaw, Peter

    2005-01-01

    Portfolios have been used in a variety of ways for assessing student work. In education, generally, and more specifically in second language education, portfolios have been associated with alternative assessment (Darling-Hammond, 1994; Hamayan, 1995; Shohamy, 1996; Wolf, Bixby, Glenn, & Gardener, 1991). This article defines "alternative…

  4. Literacy Portfolios in Action.

    ERIC Educational Resources Information Center

    Valencia, Sheila W.

    Intended for new and experienced teachers in grades K-8, this book takes readers through a process of thinking about how to put portfolios into action. The book models a process for making decisions about the type of portfolio, what to place in it, how to structure the interactions with it, and how to use it to evaluate student progress and report…

  5. Using Electronic Portfolios

    ERIC Educational Resources Information Center

    Page, Deb

    2012-01-01

    The digitized collections of artifacts known as electronic portfolios are creating solutions to a variety of performance improvement needs in ways that are cost-effective and improve both individual and group learning and performance. When social media functionality is embedded in e-portfolios, the tools support collaboration, social learning,…

  6. Portfolio Based Management

    ERIC Educational Resources Information Center

    Daigneau, William A.

    2010-01-01

    In this article, the author talks about Portfolio Management, a concept used to make allocation decisions in the world of financial investments. While much has been written about Portfolio theory, and the term is widely used in the facilities management industry, little is really understood about the concept and its real-world application. The…

  7. Hospital portfolio analysis.

    PubMed

    Bare, J L; Bess, A I

    1990-05-01

    Portfolio analysis is a management technique that rationalizes the process of allocating funds to programs. Each program is screened based on financial performance and organizational relevance. A decision-making matrix prioritizes programs into an orderly form. When resources are scarce, as they were at Tampa General, portfolio analysis can be the key to keeping a strategic plan on course.

  8. Electronic Portfolios. [SITE 2001 Section].

    ERIC Educational Resources Information Center

    Willis, Dee Anna, Ed.

    This document contains the following papers on electronic portfolios from the SITE (Society for Information Technology & Teacher Education) 2001 conference: (1) "Portfolios: The Plan, the Purpose, a Preview" (Val Christensen and others); (2) "Electronic Portfolios (EP): A How To Guide" (Jerry P. Galloway); (3) "Electronic Portfolios: A Glimpse…

  9. Large deviations and portfolio optimization

    NASA Astrophysics Data System (ADS)

    Sornette, Didier

    Risk control and optimal diversification constitute a major focus in the finance and insurance industries as well as, more or less consciously, in our everyday life. We present a discussion of the characterization of risks and of the optimization of portfolios that starts from a simple illustrative model and ends by a general functional integral formulation. A major item is that risk, usually thought of as one-dimensional in the conventional mean-variance approach, has to be addressed by the full distribution of losses. Furthermore, the time-horizon of the investment is shown to play a major role. We show the importance of accounting for large fluctuations and use the theory of Cramér for large deviations in this context. We first treat a simple model with a single risky asset that exemplifies the distinction between the average return and the typical return and the role of large deviations in multiplicative processes, and the different optimal strategies for the investors depending on their size. We then analyze the case of assets whose price variations are distributed according to exponential laws, a situation that is found to describe daily price variations reasonably well. Several portfolio optimization strategies are presented that aim at controlling large risks. We end by extending the standard mean-variance portfolio optimization theory, first within the quasi-Gaussian approximation and then using a general formulation for non-Gaussian correlated assets in terms of the formalism of functional integrals developed in the field theory of critical phenomena.

  10. 77 FR 51701 - EPA's Denial of the Petition To Reconsider the Greenhouse Gas Emissions Standards and Fuel...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-08-27

    ... Environmental Protection Agency FR Federal Register FCV fuel cell vehicle GHG greenhouse gas GVWR gross vehicle... electric vehicles (PHEV), and hydrogen fuel cell vehicles, where the technology itself necessitates use of... fuel cells questions legitimate policy choices unrelated to the issue of fuel use. EPA also does...

  11. Electricity Portfolio Simulation Model

    2005-09-01

    Stakeholders often have competing interests when selecting or planning new power plants. The purpose of developing this preliminary Electricity Portfolio Simulation Model (EPSim) is to provide a first cut, dynamic methodology and approach to this problem, that can subsequently be refined and validated, that may help energy planners, policy makers, and energy students better understand the tradeoffs associated with competing electricity portfolios. EPSim allows the user to explore competing electricity portfolios annually from 2002 tomore » 2025 in terms of five different criteria: cost, environmental impacts, energy dependence, health and safety, and sustainability. Four additional criteria (infrastructure vulnerability, service limitations, policy needs and science and technology needs) may be added in future versions of the model. Using an analytic hierarchy process (AHP) approach, users or groups of users apply weights to each of the criteria. The default energy assumptions of the model mimic Department of Energy’s (DOE) electricity portfolio to 2025 (EIA, 2005). At any time, the user can compare alternative portfolios to this reference case portfolio.« less

  12. Teacher Candidate Perceptions of Electronic Portfolios

    ERIC Educational Resources Information Center

    Baronak, William M.

    2011-01-01

    Today, many students in higher education are considered digital natives--savvier and more experienced with technology than students in the past. In teacher preparation programs, teacher education students are commonly expected to demonstrate achievement of program goals and objectives and national teaching standards in a "portfolio." Gaining in…

  13. Creating a Living Portfolio: Documenting Student Growth with Electronic Portfolios.

    ERIC Educational Resources Information Center

    Siegle, Del

    2002-01-01

    This article explains how teachers can use electronic portfolios of students' work to document learner progress. It considers different file formats for storing student work, describes steps to creating an electronic portfolio, and discusses an art and literature electronic magazine created by one school featuring work from student portfolios. (CR)

  14. Linearly Adjustable International Portfolios

    NASA Astrophysics Data System (ADS)

    Fonseca, R. J.; Kuhn, D.; Rustem, B.

    2010-09-01

    We present an approach to multi-stage international portfolio optimization based on the imposition of a linear structure on the recourse decisions. Multiperiod decision problems are traditionally formulated as stochastic programs. Scenario tree based solutions however can become intractable as the number of stages increases. By restricting the space of decision policies to linear rules, we obtain a conservative tractable approximation to the original problem. Local asset prices and foreign exchange rates are modelled separately, which allows for a direct measure of their impact on the final portfolio value.

  15. Portfolio Assessment and Quality Teaching

    ERIC Educational Resources Information Center

    Kim, Youb; Yazdian, Lisa Sensale

    2014-01-01

    Our article focuses on using portfolio assessment to craft quality teaching. Extant research literature on portfolio assessment suggests that the primary purpose of assessment is to serve learning, and portfolio assessments facilitate the process of making linkages among assessment, curriculum, and student learning (Asp, 2000; Bergeron, Wermuth,…

  16. Speaking of Portfolios: Contrasting Images.

    ERIC Educational Resources Information Center

    Parker, Elaine F.

    Since the first definitive references to portfolio evaluation in assessment literature, metaphors have been significant in shaping students' and teachers' understanding of the role of the portfolio in the writing classroom. Consider the range of metaphors employed in discussions about portfolios. Margie Krest, for instance, emphasizes the social…

  17. The Making of a Portfolio.

    ERIC Educational Resources Information Center

    Paulson, F. Leon; Paulson, Pearl R.

    A framework is suggested for presenting a student portfolio in a coherent fashion. The Cognitive Model for Assessing Portfolios (CMAP) is an organizer that arranges the processes associated with portfolios into the following three dimensions: (1) the stakeholder dimension, which identifies the viewpoints of individuals or groups with an interest…

  18. Portfolio Analysis for Vector Calculus

    ERIC Educational Resources Information Center

    Kaplan, Samuel R.

    2015-01-01

    Classic stock portfolio analysis provides an applied context for Lagrange multipliers that undergraduate students appreciate. Although modern methods of portfolio analysis are beyond the scope of vector calculus, classic methods reinforce the utility of this material. This paper discusses how to introduce classic stock portfolio analysis in a…

  19. Electronic Portfolios. [SITE 2002 Section].

    ERIC Educational Resources Information Center

    Barrett, Helen C., Ed.

    This document contains the following papers on electronic portfolios from the SITE (Society for Information Technology & Teacher Education) 2002 conference: (1) "What Is the Perceived Value of Creating Electronic Portfolios to Teacher Credential Candidates?" (Valerie Amber and Brenda Czech); (2) "Development and Use of Electronic Portfolios in…

  20. Learning and Digital Portfolios

    ERIC Educational Resources Information Center

    Moran, Wendy; Vozzo, Les; Reid, Jo-Anne; Pietsch, Marilyn; Hatton, Caroline

    2013-01-01

    Utilising appropriate Information Communication Technologies (ICT) as instructional tools in teacher education can be a challenging yet worthwhile endeavour. This paper reports the difficulties and benefits of a recent inter-university project requiring preservice primary teachers to construct professional digital portfolios using the support of…

  1. The nursing portfolio: a reflection of a professional.

    PubMed

    Alexander, Janet G; Craft, Sandra W; Baldwin, Mary Sue; Beers, Geri W; McDaniel, Gretchen S

    2002-01-01

    A nursing portfolio is a means of documenting skills such as communication, creativity, and critical thinking. More important, it reflects professional development, self-evaluation, and achievement of goals. Designing and implementing a portfolio enables traditional nursing students and RNs returning to school to describe their achievements during a specified period of time. For the adult student seeking scholastic or clinical credit for past work or life experiences, the portfolio provides a creative and structured way for this to be obtained without taking a standardized test.

  2. Portfolios in Saudi medical colleges

    PubMed Central

    Fida, Nadia M.; Shamim, Muhammad S.

    2016-01-01

    Over recent decades, the use of portfolios in medical education has evolved, and is being applied in undergraduate and postgraduate programs worldwide. Portfolios, as a learning process and method of documenting and assessing learning, is supported as a valuable tool by adult learning theories that stress the need for learners to be self-directed and to engage in experiential learning. Thoughtfully implemented, a portfolio provides learning experiences unequaled by any single learning tool. The credibility (validity) and dependability (reliability) of assessment through portfolios have been questioned owing to its subjective nature; however, methods to safeguard these features have been described in the literature. This paper discusses some of this literature, with particular attention to the role of portfolios in relation to self-reflective learning, provides an overview of current use of portfolios in undergraduate medical education in Saudi Arabia, and proposes research-based guidelines for its implementation and other similar contexts. PMID:26905344

  3. Greenhouse Gases

    MedlinePlus

    ... Greenhouse Gases Come From Outlook for Future Emissions Recycling and Energy Nonrenewable Sources Oil and Petroleum Products ... Power Wave Power Ocean Thermal Energy Conversion Biomass Wood and Wood Waste Waste-to-Energy (MSW) Landfill ...

  4. Emissions of greenhouse gases, ammonia, and hydrogen sulfide from pigs fed standard diets and diets supplemented with dried distillers grains with solubles.

    PubMed

    Trabue, Steven; Kerr, Brian

    2014-07-01

    Swine producers are supplementing animal diets with increased levels of dried distillers grains with solubles (DDGS) to offset the cost of a standard corn-soybean meal (CSBM) diet. However, the environmental impact of these diets on emissions of greenhouse gases, ammonia (NH), and hydrogen sulfide (HS) is largely unknown. Twenty-four pigs (103.6 kg initial body weight) were fed a standard CSBM diet or a CSBM diet containing 35% DDGS for 42 d. Pigs were fed and their manure was collected twice daily over the 42-d trial. Pigs fed diets containing DDGS had reduced manure pH ( < 0.01), increased surface crust coverage ( < 0.01), increased manure dry matter content ( < 0.01), and increased manure C ( < 0.01), N ( < 0.01), and S ( < 0.01) contents. Animals fed DDGS diets also had significantly higher concentrations of total ammoniacal nitrogen ( < 0.01) and sulfide ( < 0.01) in their manure compared with animals fed CSBM diets. Manure emissions of NH ( < 0.01) and HS ( < 0.05) were significantly higher in animals fed the CSBM diet. There was no dietary treatment effect for methane or nitrous oxide emissions from manure. This study demonstrates that diets containing DDGS can significantly affect manure composition and potentially lower emissions of NH and HS.

  5. Solar greenhouse

    SciTech Connect

    Baldwin, R.E.

    1980-04-01

    A solar greenhouse is disclosed wherein plants are grown and utilized as collectors to absorb solar radiation and produce heat laden humidified air through the process of evapotranspiration. This humidified air is then further heated by solar energy. Energy is then extracted from the humidified air by cooling the air and condensing the water vapor within the air. The extracted heat can then be stored and utilized as required to heat the greenhouse and plants.

  6. Is our student portfolio valued?

    PubMed

    Dolan, Gina; Fairbairn, Gavin; Harris, Sue

    2004-01-01

    A student portfolio was introduced for pre-registration nursing students at the University of Glamorgan in October 1997. The impetus for doing so was the recognised need to address:the 'theory-practice' divide;the need to provide nurse students with skills that will enable them to maintain the Professional Profile for registration purposes (). This article reports a research study evaluating the student portfolio. The main objectives of the evaluation were to investigate whether the portfolio addressed the perceived needs and to identify if students were experiencing potential benefits by using the portfolio. Semi-structured interviews and focus groups were conducted with students and staff about their usage and perceptions of the portfolio. These findings were used to inform the design of the questionnaire to investigate students' experiences of using the portfolio, and their views about its usefulness. The questionnaires (n=219) confirmed the impression that students are not making frequent use of the portfolio. Students mainly discussed sections relating to academic aspects of the course. The summative assessment (essays) section was discussed by the greatest proportion of students (51% n=108). More students (74%) felt that too little time was spent on the portfolio than any other aspect of the course. Although many students and staff appreciate the potential value of using the portfolio, it is not a requirement of the course and so tends not to be treated as a high priority. Many of the recommendations from this study focussed on ways of integrating the portfolio into the course in order to increase its use. The results of this study have informed the development of an All Wales Student Portfolio introduced in April 2002 (Welsh Assembly Government, 2002).

  7. Biocatalytic portfolio of Basidiomycota.

    PubMed

    Schmidt-Dannert, Claudia

    2016-04-01

    Basidiomycota fungi have received little attention for applications in biocatalysis and biotechnology and remain greatly understudied despite their importance for carbon recycling, ecosystem functioning and medicinal properties. The steady influx of genome data has facilitated detailed studies aimed at understanding the evolution and function of fungal lignocellulose degradation. These studies and recent explorations into the secondary metabolomes have uncovered large portfolios of enzymes useful for biocatalysis and biosynthesis. This review will provide an overview of the biocatalytic repertoires of Basidiomycota characterized to date with the hope of motivation more research into the chemical toolkits of this diverse group of fungi. PMID:26812494

  8. Digital Portfolios: Documenting Student Growth

    ERIC Educational Resources Information Center

    Cramer, Matthew

    2009-01-01

    The digital portfolio process at Camino Nuevo High School (CNHS) offers an essential 21st century skill to students. All students are trained in basic web design to build and maintain their digital portfolios. These skills equip them with tools they will likely use in their future endeavors in college and the professional world. Teachers at CNHS…

  9. Intelligent Portfolios for Professional Development.

    ERIC Educational Resources Information Center

    Wilcox, Bonita L.; And Others

    The intelligent electronic portfolio goes beyond assessment of teachers to a method of strengthening their professional development in the classroom. Adopted for teachers in a 3-year doctoral program, the intelligent electronic portfolio is a collection of artifacts, indicating competencies and skills, a place to showcase accomplishments and…

  10. Academic Misconduct in Teaching Portfolios

    ERIC Educational Resources Information Center

    Erikson, Martin G.; Erlandson, Peter; Erikson, Malgorzata

    2015-01-01

    Within academia, clear and standardised communication is vital. From this point of departure, we discuss the trustworthiness of teaching portfolios when used in assessment. Here, misconduct and fraud are discussed in terms of fabrication, falsification, and plagiarism, following the literature on research fraud. We argue that the portfolio's…

  11. Teaching Portfolios and University Culture

    ERIC Educational Resources Information Center

    Leggett, Monica; Bunker, Alison

    2006-01-01

    The teaching portfolio has been proposed as a useful management tool for monitoring and improving teaching. It is one of the accountability mechanisms that universities have introduced in a market-oriented environment. However, there has been considerable resistance to the compulsory introduction of teaching portfolios from a wide range of…

  12. Build Better ePortfolios

    ERIC Educational Resources Information Center

    Zuger, Sascha

    2008-01-01

    Tech-using educators know the many benefits of ePortfolios. They help get a handle on kids' interests, difficulties, and strengths. Techno-loving student thrive on the real-time interaction. Administrators like that ePortfolios record student progress digitally, making a convenient shared resource between students, parents, and other teachers.…

  13. Regularizing portfolio optimization

    NASA Astrophysics Data System (ADS)

    Still, Susanne; Kondor, Imre

    2010-07-01

    The optimization of large portfolios displays an inherent instability due to estimation error. This poses a fundamental problem, because solutions that are not stable under sample fluctuations may look optimal for a given sample, but are, in effect, very far from optimal with respect to the average risk. In this paper, we approach the problem from the point of view of statistical learning theory. The occurrence of the instability is intimately related to over-fitting, which can be avoided using known regularization methods. We show how regularized portfolio optimization with the expected shortfall as a risk measure is related to support vector regression. The budget constraint dictates a modification. We present the resulting optimization problem and discuss the solution. The L2 norm of the weight vector is used as a regularizer, which corresponds to a diversification 'pressure'. This means that diversification, besides counteracting downward fluctuations in some assets by upward fluctuations in others, is also crucial because it improves the stability of the solution. The approach we provide here allows for the simultaneous treatment of optimization and diversification in one framework that enables the investor to trade off between the two, depending on the size of the available dataset.

  14. Portfolio Development and the Assessment of Prior Learning: Perspectives, Models and Practices. Second Edition

    ERIC Educational Resources Information Center

    Michelson, Elana; Mandell, Alan

    2004-01-01

    For over thirty years, portfolios have been used to help adult learners gain recognition for their prior learning and take greater control of their educational experiences. The portfolio has become a distinctive means of assessing such learning, serving as a meaningful alternative to conventional papers and standardized testing. This book provides…

  15. College Entries into Portfolio Assessment--Why, How, and What To Watch Out For.

    ERIC Educational Resources Information Center

    Hauser, Jerald

    This paper examines the use of student portfolios for assessment at the college level. Portfolios, which have recently been used extensively on the elementary and middle school levels, are collections of artifacts gathered to represent a student's work. After describing current dissatisfactions with the dominant standardized testing student…

  16. Electronic Portfolios in a Teacher Education Program

    ERIC Educational Resources Information Center

    Wray, Susan

    2007-01-01

    While much of the research literature focuses on the traditional paper and pencil format of teaching portfolios, the increased integration of electronic technology into teacher preparation curricula has propelled the use of electronic portfolios for a range of evaluative purposes. Electronic portfolios, or e-portfolios as they are commonly…

  17. 12 CFR 347.108 - Portfolio investments.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 5 2013-01-01 2013-01-01 false Portfolio investments. 347.108 Section 347.108... INTERNATIONAL BANKING § 347.108 Portfolio investments. (a) Portfolio investments. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization as a portfolio investment and...

  18. 12 CFR 347.108 - Portfolio investments.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 5 2014-01-01 2014-01-01 false Portfolio investments. 347.108 Section 347.108... INTERNATIONAL BANKING § 347.108 Portfolio investments. (a) Portfolio investments. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization as a portfolio investment and...

  19. 12 CFR 347.108 - Portfolio investments.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 12 Banks and Banking 4 2011-01-01 2011-01-01 false Portfolio investments. 347.108 Section 347.108... INTERNATIONAL BANKING § 347.108 Portfolio investments. (a) Portfolio investments. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization as a portfolio investment and...

  20. 12 CFR 347.108 - Portfolio investments.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 5 2012-01-01 2012-01-01 false Portfolio investments. 347.108 Section 347.108... INTERNATIONAL BANKING § 347.108 Portfolio investments. (a) Portfolio investments. If a bank, directly or indirectly, acquires or holds an equity interest in a foreign organization as a portfolio investment and...

  1. Renewable Portfolio Standards: Costs and Benefits (Poster)

    SciTech Connect

    Bird, L.; Heeter, J.; Barbose, G.; Weaver, S.; Flores, F.; Kuskova-Burns, K.; Wiser, R.

    2014-10-01

    This report summarizes state-level RPS costs to date, and considers how those costs may evolve going forward given scheduled increases in RPS targets and cost containment mechanisms. The report also summarizes RPS benefits estimates, based on published studies for individual states and discusses key methodological considerations.

  2. Assessment Portfolios for Elementary Students: Milwaukee Public Schools.

    ERIC Educational Resources Information Center

    Henn-Reinke, Kathryn; Lawrence, Lillian; Plicka, Greta; Skarich, Nancy; Yemma, Mary; Cooper, Albert P., Sr.

    Developed by educators in the Milwaukee, Wisconsin, public schools, this book shows ways to engage students in high quality work, reveal information about students that cannot be seen through standardized tests, and help students become responsible for their own academic growth. The Assessment Portfolios described are used in 21 Milwaukee schools…

  3. ePortfolio as a Measure of Reflective Practice

    ERIC Educational Resources Information Center

    Parkes, Kelly A.; Dredger, Katie S.; Hicks, David

    2013-01-01

    This instructional article outlines the qualities of effective ePortfolios and how reflection and student growth is measured. Student exemplars and assessment rubrics show how, despite changing tools and evolving standards, sustained collaboration and student coaching yields reflective practitioners in content areas and in technological knowledge.…

  4. Risks of Large Portfolios

    PubMed Central

    Fan, Jianqing; Liao, Yuan; Shi, Xiaofeng

    2014-01-01

    The risk of a large portfolio is often estimated by substituting a good estimator of the volatility matrix. However, the accuracy of such a risk estimator is largely unknown. We study factor-based risk estimators under a large amount of assets, and introduce a high-confidence level upper bound (H-CLUB) to assess the estimation. The H-CLUB is constructed using the confidence interval of risk estimators with either known or unknown factors. We derive the limiting distribution of the estimated risks in high dimensionality. We find that when the dimension is large, the factor-based risk estimators have the same asymptotic variance no matter whether the factors are known or not, which is slightly smaller than that of the sample covariance-based estimator. Numerically, H-CLUB outperforms the traditional crude bounds, and provides an insightful risk assessment. In addition, our simulated results quantify the relative error in the risk estimation, which is usually negligible using 3-month daily data. PMID:26195851

  5. Portfolio as a learning tool: students' perspective.

    PubMed

    Elango, S; Jutti, R C; Lee, L K

    2005-09-01

    Portfolio writing is a method of encouraging reflective learning among professionals. Although portfolio-based learning is popular among educators, not many studies have been done to determine students' perceptions of portfolio as a learning tool. A questionnaire survey was conducted among 143 medical students to find out their perceptions of the portfolio as a learning tool. A majority of the students felt that the portfolio is a good learning tool. However, they also perceived that it is stressful and time-consuming to develop a proper portfolio. The study indicates that students need appropriate guidance from the academic staff for the system to succeed. PMID:16205830

  6. An alternative computational method for finding the minimum-premium insurance portfolio

    NASA Astrophysics Data System (ADS)

    Katsikis, Vasilios N.

    2016-06-01

    In this article, we design a computational method, which differs from the standard linear programming techniques, for computing the minimum-premium insurance portfolio. The corresponding algorithm as well as a Matlab implementation are provided.

  7. Impact of policy on greenhouse gas emissions and economics of biodiesel production.

    PubMed

    Olivetti, Elsa; Gülşen, Ece; Malça, João; Castanheira, Erica; Freire, Fausto; Dias, Luis; Kirchain, Randolph

    2014-07-01

    As an alternative transportation fuel to petrodiesel, biodiesel has been promoted within national energy portfolio targets across the world. Early estimations of low lifecycle greenhouse gas (GHG) emissions of biodiesel were a driver behind extensive government support in the form of financial incentives for the industry. However, studies consistently report a high degree of uncertainty in these emissions estimates, raising questions concerning the carbon benefits of biodiesel. Furthermore, the implications of feedstock blending on GHG emissions uncertainty have not been explicitly addressed despite broad practice by the industry to meet fuel quality standards and to control costs. This work investigated the impact of feedstock blending on the characteristics of biodiesel by using a chance-constrained (CC) blend optimization method. The objective of the optimization is minimization of feedstock costs subject to fuel standards and emissions constraints. Results indicate that blending can be used to manage GHG emissions uncertainty characteristics of biodiesel, and to achieve cost reductions through feedstock diversification. Simulations suggest that emissions control policies that restrict the use of certain feedstocks based on their GHG estimates overlook blending practices and benefits, increasing the cost of biodiesel. In contrast, emissions control policies which recognize the multifeedstock nature of biodiesel provide producers with feedstock selection flexibility, enabling them to manage their blend portfolios cost effectively, potentially without compromising fuel quality or emissions reductions.

  8. Fuzzy portfolio model with fuzzy-input return rates and fuzzy-output proportions

    NASA Astrophysics Data System (ADS)

    Tsaur, Ruey-Chyn

    2015-02-01

    In the finance market, a short-term investment strategy is usually applied in portfolio selection in order to reduce investment risk; however, the economy is uncertain and the investment period is short. Further, an investor has incomplete information for selecting a portfolio with crisp proportions for each chosen security. In this paper we present a new method of constructing fuzzy portfolio model for the parameters of fuzzy-input return rates and fuzzy-output proportions, based on possibilistic mean-standard deviation models. Furthermore, we consider both excess or shortage of investment in different economic periods by using fuzzy constraint for the sum of the fuzzy proportions, and we also refer to risks of securities investment and vagueness of incomplete information during the period of depression economics for the portfolio selection. Finally, we present a numerical example of a portfolio selection problem to illustrate the proposed model and a sensitivity analysis is realised based on the results.

  9. Land-Use Portfolio Modeler, Version 1.0

    USGS Publications Warehouse

    Taketa, Richard; Hong, Makiko

    2010-01-01

    Natural hazards pose significant threats to the public safety and economic health of many communities throughout the world. Community leaders and decision-makers continually face the challenges of planning and allocating limited resources to invest in protecting their communities against catastrophic losses from natural-hazard events. Public efforts to assess community vulnerability and encourage loss-reduction measures through mitigation often focused on either aggregating site-specific estimates or adopting standards based upon broad assumptions about regional risks. The site-specific method usually provided the most accurate estimates, but was prohibitively expensive, whereas regional risk assessments were often too general to be of practical use. Policy makers lacked a systematic and quantitative method for conducting a regional-scale risk assessment of natural hazards. In response, Bernknopf and others developed the portfolio model, an intermediate-scale approach to assessing natural-hazard risks and mitigation policy alternatives. The basis for the portfolio-model approach was inspired by financial portfolio theory, which prescribes a method of optimizing return on investment while reducing risk by diversifying investments in different security types. In this context, a security type represents a unique combination of features and hazard-risk level, while financial return is defined as the reduction in losses resulting from an investment in mitigation of chosen securities. Features are selected for mitigation and are modeled like investment portfolios. Earth-science and economic data for the features are combined and processed in order to analyze each of the portfolios, which are then used to evaluate the benefits of mitigating the risk in selected locations. Ultimately, the decision maker seeks to choose a portfolio representing a mitigation policy that maximizes the expected return-on-investment, while minimizing the uncertainty associated with that return

  10. Portfolio optimization with mean-variance model

    NASA Astrophysics Data System (ADS)

    Hoe, Lam Weng; Siew, Lam Weng

    2016-06-01

    Investors wish to achieve the target rate of return at the minimum level of risk in their investment. Portfolio optimization is an investment strategy that can be used to minimize the portfolio risk and can achieve the target rate of return. The mean-variance model has been proposed in portfolio optimization. The mean-variance model is an optimization model that aims to minimize the portfolio risk which is the portfolio variance. The objective of this study is to construct the optimal portfolio using the mean-variance model. The data of this study consists of weekly returns of 20 component stocks of FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI). The results of this study show that the portfolio composition of the stocks is different. Moreover, investors can get the return at minimum level of risk with the constructed optimal mean-variance portfolio.

  11. One School's Adventure into Portfolio Assessment.

    ERIC Educational Resources Information Center

    Lamme, Linda Leonard; Hysmith, Cecilia

    1991-01-01

    Reviews background information about portfolio assessment. Describes the experiences of the faculty in one school with a schoolwide portfolio assessment system. Shares struggles and solutions which may be valuable to others seeking to develop alternative assessment programs. (MG)

  12. The Design and Assessment of Chemistry Portfolios.

    ERIC Educational Resources Information Center

    Adamchik, Charles F., Jr.

    1996-01-01

    Describes a model for student portfolios that contain goal record sheet, grade record form, test self-evaluation form, chapter summary, and work samples. Includes samples of these items and portfolio conference/assessment guide, and analytic rubrics. (MKR)

  13. Myopia management: multihospital portfolio planning.

    PubMed

    Irish, G G

    1987-10-01

    The acquisition and divestiture of organizational business units demonstrate management's strategy in response to an evolving marketplace. From a strategic perspective, the most significant danger to a corporation is not having the "right" portfolio of businesses or products to respond to the marketplace. This article describes a conceptual model that a multihospital system executive might use to determine the growth and diversification of the organization's portfolio of businesses. The model involves the application of market, financial, and microeconomic theories in a logical sequence to assist management in making business acquisition and divestiture decisions.

  14. E-Portfolios Come of Age

    ERIC Educational Resources Information Center

    Waters, John K.

    2009-01-01

    Industry analysts say the systems have reached a mature adolescence, having grown from mere electronic filing cabinets into multimedia platforms that can operate with a variety of e-learning tools. Their fullest potential still lies ahead. This article talks about electronic portfolios--better known as e-portfolios, and how e-portfolios are taking…

  15. The Scoring of Writing Portfolios: Phase 2

    ERIC Educational Resources Information Center

    White, Edward M.

    2005-01-01

    Although most portfolio evaluation currently uses some adaptation of holistic scoring, the problems with scoring portfolios holistically are many, much more than for essays, and the problems are not readily resolvable. Indeed, many aspects of holistic scoring work against the principles behind portfolio assessment. We have from the start needed a…

  16. Technology for Online Portfolio Assessment Programs

    ERIC Educational Resources Information Center

    Ferrara, Victoria M.

    2010-01-01

    Portfolio assessment is a valid and reliable method to assess experiential learning. Developing a fully online portfolio assessment program is neither easy nor inexpensive. The institution seeking to take its portfolio assessment program online must make a commitment to its students by offering the technologies most suited to meet students' needs.…

  17. Developing a Coaching Portfolio: Enhancing Reflective Practice

    ERIC Educational Resources Information Center

    Hubball, Harry; Robertson, Scott

    2004-01-01

    A portfolio is a well-organized document containing critical analyses and evidence related to a coach's background, context(s) of coaching, approach to coaching, coaching accomplishments, and goals for further development. Here, the authors describe different types of coaching portfolios as well as strategies for developing a coaching portfolio.…

  18. Assessment Portfolios as Opportunities for Teacher Learning

    ERIC Educational Resources Information Center

    Gearhart, Maryl; Osmundson, Ellen

    2009-01-01

    This article is an analysis of the role of assessment portfolios in teacher learning. Over 18 months, 23 science teachers developed, implemented, and evaluated assessments to track student learning, supported by portfolio tasks and resources, grade-level colleagues, and team facilitators. Evidence of teacher learning included (a) portfolios of a…

  19. Handbook of Research on ePortfolios

    ERIC Educational Resources Information Center

    Jafari, Ali, Ed.; Kaufman, Catherine, Ed.

    2006-01-01

    The "Handbook of Research on ePortfolios" is the single source for comprehensive coverage of the major themes of ePortfolios, addressing all of the major issues, from concept to technology to implementation. It is the first reference publication to provide a complete investigation on a variety of ePortfolio uses through case studies and supporting…

  20. 12 CFR 347.108 - Portfolio investments.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... 12 Banks and Banking 4 2010-01-01 2010-01-01 false Portfolio investments. 347.108 Section 347.108 Banks and Banking FEDERAL DEPOSIT INSURANCE CORPORATION REGULATIONS AND STATEMENTS OF GENERAL POLICY INTERNATIONAL BANKING § 347.108 Portfolio investments. (a) Portfolio investments. If a bank, directly...

  1. Portfolio Development for Preservice Teachers. Fastback 379.

    ERIC Educational Resources Information Center

    Nettles, Diane Hood; Petrick, Pamela Bondi

    This pamphlet describes the process of beginning to use portfolios in an elementary teacher training program. It defines the concept of portfolios and provides a rationale for their use in teacher education programs. Portfolios are suggested for use in preservice teacher education in three ways: to evaluate the preservice teacher education…

  2. Assessing Portfolios Using the Constructivist Paradigm.

    ERIC Educational Resources Information Center

    Paulson, F. Leon; Paulson, Pearl R.

    In a previous paper the authors presented a model of assessing portfolios, the Cognitive Model for Assessing Portfolios (CMAP), as a lens to view, think about, and make decisions about portfolio projects. Two projects in which the CMAP has been used are described. One is an authentic assessment project in mathematics and science by the Educational…

  3. Regional allocation of biomass to U.S. energy demands under a portfolio of policy scenarios.

    PubMed

    Mullins, Kimberley A; Venkatesh, Aranya; Nagengast, Amy L; Kocoloski, Matt

    2014-01-01

    The potential for widespread use of domestically available energy resources, in conjunction with climate change concerns, suggest that biomass may be an essential component of U.S. energy systems in the near future. Cellulosic biomass in particular is anticipated to be used in increasing quantities because of policy efforts, such as federal renewable fuel standards and state renewable portfolio standards. Unfortunately, these independently designed biomass policies do not account for the fact that cellulosic biomass can equally be used for different, competing energy demands. An integrated assessment of multiple feedstocks, energy demands, and system costs is critical for making optimal decisions about a unified biomass energy strategy. This study develops a spatially explicit, best-use framework to optimally allocate cellulosic biomass feedstocks to energy demands in transportation, electricity, and residential heating sectors, while minimizing total system costs and tracking greenhouse gas emissions. Comparing biomass usage across three climate policy scenarios suggests that biomass used for space heating is a low cost emissions reduction option, while biomass for liquid fuel or for electricity becomes attractive only as emissions reduction targets or carbon prices increase. Regardless of the policy approach, study results make a strong case for national and regional coordination in policy design and compliance pathways.

  4. Regional allocation of biomass to U.S. energy demands under a portfolio of policy scenarios.

    PubMed

    Mullins, Kimberley A; Venkatesh, Aranya; Nagengast, Amy L; Kocoloski, Matt

    2014-01-01

    The potential for widespread use of domestically available energy resources, in conjunction with climate change concerns, suggest that biomass may be an essential component of U.S. energy systems in the near future. Cellulosic biomass in particular is anticipated to be used in increasing quantities because of policy efforts, such as federal renewable fuel standards and state renewable portfolio standards. Unfortunately, these independently designed biomass policies do not account for the fact that cellulosic biomass can equally be used for different, competing energy demands. An integrated assessment of multiple feedstocks, energy demands, and system costs is critical for making optimal decisions about a unified biomass energy strategy. This study develops a spatially explicit, best-use framework to optimally allocate cellulosic biomass feedstocks to energy demands in transportation, electricity, and residential heating sectors, while minimizing total system costs and tracking greenhouse gas emissions. Comparing biomass usage across three climate policy scenarios suggests that biomass used for space heating is a low cost emissions reduction option, while biomass for liquid fuel or for electricity becomes attractive only as emissions reduction targets or carbon prices increase. Regardless of the policy approach, study results make a strong case for national and regional coordination in policy design and compliance pathways. PMID:24512511

  5. Greenhouse gases and greenhouse effect

    NASA Astrophysics Data System (ADS)

    Chilingar, G. V.; Sorokhtin, O. G.; Khilyuk, L.; Gorfunkel, M. V.

    2009-09-01

    Conventional theory of global warming states that heating of atmosphere occurs as a result of accumulation of CO2 and CH4 in atmosphere. The writers show that rising concentration of CO2 should result in the cooling of climate. The methane accumulation has no essential effect on the Earth’s climate. Even significant releases of the anthropogenic carbon dioxide into the atmosphere do not change average parameters of the Earth’s heat regime and the atmospheric greenhouse effect. Moreover, CO2 concentration increase in the atmosphere results in rising agricultural productivity and improves the conditions for reforestation. Thus, accumulation of small additional amounts of carbon dioxide and methane in the atmosphere as a result of anthropogenic activities has practically no effect on the Earth’s climate.

  6. AVC/H.264 patent portfolio license

    NASA Astrophysics Data System (ADS)

    Skandalis, Dean A.

    2006-08-01

    MPEG LA, LLC offers a joint patent license for the AVC (a/k/a H.264) Standard (ISO/IEC IS 14496-10:2004). Like MPEG LA's other licenses, the AVC Patent Portfolio License is offered for the convenience of the marketplace as an alternative enabling users to access essential intellectual property owned by many patent holders under a single license rather than negotiating licenses with each of them individually. The AVC Patent Portfolio License includes essential patents owned by DAEWOO Electronics Corporation; Electronics and Telecommunications Research Institute (ETRI); France Telecom, societe anonyme; Fujitsu Limited; Hitachi, Ltd.; Koninklijke Philips Electronics N.V.; LG Electronics Inc.; Matsushita Electric Industrial Co., Ltd.; Microsoft Corporation; Mitsubishi Electric Corporation; Robert Bosch GmbH; Samsung Electronics Co., Ltd.; Sedna Patent Services, LLC; Sharp Kabushiki Kaisha; Siemens AG; Sony Corporation; The Trustees of Columbia University in the City of New York; Toshiba Corporation; UB Video Inc.; and Victor Company of Japan, Limited. Another is expected also to join as of August 1, 2006. MPEG LA's objective is to provide worldwide access to as much AVC essential intellectual property as possible for the benefit of AVC users. Therefore, any party that believes it has essential patents is welcome to submit them for evaluation of their essentiality and inclusion in the License if found essential.

  7. AVC/H.264 patent portfolio license

    NASA Astrophysics Data System (ADS)

    Horn, Lawrence A.

    2005-08-01

    MPEG LA, LLC offers a joint patent license for the AVC (a/k/a H.264) Standard (ISO/IEC IS 14496-10:2004). Like MPEG LA's other licenses, the AVC Patent Portfolio License is offered for the convenience of the marketplace as an alternative enabling users to access essential intellectual property owned by many patent holders under a single license rather than negotiating licenses with each of them individually. The AVC Patent Portfolio License includes essential patents owned by Electronics and Telecommunications Research Institute (ETRI); France Telecom, societe anonyme; Fujitsu Limited; Koninklijke Philips Electronics N.V.; LG Electronics Inc.; Matsushita Electric Industrial Co., Ltd.; Microsoft Corporation; Mitsubishi Electric Corporation; Robert Bosch GmbH; Samsung Electronics Co., Ltd.; Sedna Patent Services, LLC; Sharp Kabushiki Kaisha; Siemens AG; Sony Corporation; The Trustees of Columbia University in the City of New York; Toshiba Corporation; and Victor Company of Japan, Limited. MPEG LA's objective is to provide worldwide access to as much AVC essential intellectual property as possible for the benefit of AVC users. Therefore, any party that believes it has essential patents is welcome to submit them for evaluation of their essentiality and inclusion in the License if found essential.

  8. AVC/H.264 patent portfolio license

    NASA Astrophysics Data System (ADS)

    Horn, Lawrence A.

    2004-11-01

    MPEG LA, LLC recently announced terms of a joint patent license for the AVC (a/k/a H.264) Standard (ISO/IEC IS 14496-10: Information technology -- Coding of audio-visual objects -- Part 10: Advanced Video Coding | ITU-T Rec. H.264: Series H: Audiovisual and Multimedia Systems: Infrastructure of audiovisual services -- Coding of moving video: Advanced video coding for generic audiovisual services). Like MPEG LA"s other licenses, the AVC Patent Portfolio License is offered for the convenience of the marketplace as an alternative enabling users to access essential intellectual property owned by many patent holders under a single license rather than negotiating licenses with each of them individually. The AVC Patent Portfolio License includes essential patents owned by Columbia Innovation Enterprises; Electronics and Telecommunications Research Institute (ETRI); France Télécom, société anonyme; Fujitsu Limited; Koninklijke Philips Electronics N.V.; Matsushita Electric Industrial Co., Ltd.; Microsoft Corporation; Mitsubishi Electric Corporation; Robert Bosch GmbH; Samsung Electronics Co., Ltd.; Sharp Kabushiki Kaisha; Sony Corporation; Toshiba Corporation; and Victor Company of Japan, Limited. MPEG LA"s objective is to provide worldwide access to as much AVC essential intellectual property as possible for the benefit of AVC users. Therefore, any party that believes it has essential patents is welcome to submit them for evaluation of their essentiality and inclusion in the License if found essential.

  9. Entropy-based portfolio models: Practical issues

    NASA Astrophysics Data System (ADS)

    Shirazi, Yasaman Izadparast; Sabiruzzaman, Md.; Hamzah, Nor Aishah

    2015-10-01

    Entropy is a nonparametric alternative of variance and has been used as a measure of risk in portfolio analysis. In this paper, the computation of entropy risk for a given set of data is discussed with illustration. A comparison between entropy-based portfolio models is made. We propose a natural extension of the mean entropy portfolio to make it more general and diversified. In terms of performance, this new model is similar to the mean-entropy portfolio when applied to real and simulated data, and offers higher return if no constraint is set for the desired return; also it is found to be the most diversified portfolio model.

  10. [New portfolio, a users' manual].

    PubMed

    Cougnoux, Nadège; Deken, Éric; Juif, Isabelle; Papas, Anne

    2015-10-01

    The portfolio, a tool for monitoring nursing students throughout their internship period, has now been modified. The new 2015 version can be used to monitor and trace the student's career as well as progress made. One of the major new points is the integration of an intermediate internship assessment. PMID:26455626

  11. Architectural Portfolio 2001: Main Winners.

    ERIC Educational Resources Information Center

    American School & University, 2001

    2001-01-01

    Presents descriptions and photographs of the following two American School and University Architectural Portfolio main winners for 2001: Chesterton, Indiana's Chesterton High School and Lied Library at the University of Nevada, Las Vegas. Included are each project's vital statistics, the architectural firm involved, and a list of designers.(GR)

  12. Portfolio Analysis: Windows of Competence.

    ERIC Educational Resources Information Center

    Touzel, Timothy J.

    The overall assessment of teacher education students by means of testing may not be the best indicator of competence in a professional field. Assessors must possess both valid and reliable ways of discerning which students have the necessary skills to be effective in the classroom. Portfolio analysis is one way to get better, more valid data about…

  13. Teaching Sociology through Student Portfolios

    ERIC Educational Resources Information Center

    Trepagnier, Barbara

    2004-01-01

    After several years of teaching Sociological Thought--an upper division course that focuses on classical, modern, and contemporary sociological theories--the author came across the idea of student portfolios. As a consequence, the course has undergone far-reaching changes. The content remains relatively intact; however, today the theory course…

  14. 75 FR 81405 - Portfolio Holdings

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-28

    ... adopts FHFA's interim final rule on portfolio holdings, without change. See 74 FR 5609, January 30, 2009...: Effective December 28, 2010, the interim final rule published on January 30, 2009 (74 FR 5609), which was... final regulation which added new subchapter C of part 1252 to 12 CFR Chapter XII. See 74 FR 5609....

  15. Robust Portfolio Optimization Using Pseudodistances

    PubMed Central

    2015-01-01

    The presence of outliers in financial asset returns is a frequently occurring phenomenon which may lead to unreliable mean-variance optimized portfolios. This fact is due to the unbounded influence that outliers can have on the mean returns and covariance estimators that are inputs in the optimization procedure. In this paper we present robust estimators of mean and covariance matrix obtained by minimizing an empirical version of a pseudodistance between the assumed model and the true model underlying the data. We prove and discuss theoretical properties of these estimators, such as affine equivariance, B-robustness, asymptotic normality and asymptotic relative efficiency. These estimators can be easily used in place of the classical estimators, thereby providing robust optimized portfolios. A Monte Carlo simulation study and applications to real data show the advantages of the proposed approach. We study both in-sample and out-of-sample performance of the proposed robust portfolios comparing them with some other portfolios known in literature. PMID:26468948

  16. Portfolio Careerism: Are You Ready?

    ERIC Educational Resources Information Center

    Stevens, Paul

    A career is a discontinuous a series of work roles using different personal attributes, skills, knowledge, interests, and wants. Individuals must examine their portfolio, select and rearrange it, and then sell themselves to the manager where they work or prospective clients/employers in the marketplace. Individuals should view career capabilities…

  17. Development of Solution Algorithm and Sensitivity Analysis for Random Fuzzy Portfolio Selection Model

    NASA Astrophysics Data System (ADS)

    Hasuike, Takashi; Katagiri, Hideki

    2010-10-01

    This paper focuses on the proposition of a portfolio selection problem considering an investor's subjectivity and the sensitivity analysis for the change of subjectivity. Since this proposed problem is formulated as a random fuzzy programming problem due to both randomness and subjectivity presented by fuzzy numbers, it is not well-defined. Therefore, introducing Sharpe ratio which is one of important performance measures of portfolio models, the main problem is transformed into the standard fuzzy programming problem. Furthermore, using the sensitivity analysis for fuzziness, the analytical optimal portfolio with the sensitivity factor is obtained.

  18. Gardening with Greenhouses

    ERIC Educational Resources Information Center

    Keeler, Rusty

    2010-01-01

    Greenhouses come in all shapes, sizes, and price ranges: from simple hand-built plastic-covered frames to dazzling geodesic domes. Some child care centers install greenhouses as a part of their outdoor garden space. Other centers have incorporated a greenhouse into the building itself. Greenhouses provide a great opportunity for children to grow…

  19. Automatic Trading Agent. RMT Based Portfolio Theory and Portfolio Selection

    NASA Astrophysics Data System (ADS)

    Snarska, M.; Krzych, J.

    2006-11-01

    Portfolio theory is a very powerful tool in the modern investment theory. It is helpful in estimating risk of an investor's portfolio, arosen from lack of information, uncertainty and incomplete knowledge of reality, which forbids a perfect prediction of future price changes. Despite of many advantages this tool is not known and not widely used among investors on Warsaw Stock Exchange. The main reason for abandoning this method is a high level of complexity and immense calculations. The aim of this paper is to introduce an automatic decision-making system, which allows a single investor to use complex methods of Modern Portfolio Theory (MPT). The key tool in MPT is an analysis of an empirical covariance matrix. This matrix, obtained from historical data, biased by such a high amount of statistical uncertainty, that it can be seen as random. By bringing into practice the ideas of Random Matrix Theory (RMT), the noise is removed or significantly reduced, so the future risk and return are better estimated and controlled. These concepts are applied to the Warsaw Stock Exchange Simulator {http://gra.onet.pl}. The result of the simulation is 18% level of gains in comparison with respective 10% loss of the Warsaw Stock Exchange main index WIG.

  20. Assessment of technologies to meet a low carbon fuel standard.

    PubMed

    Yeh, Sonia; Lutsey, Nicholas P; Parker, Nathan C

    2009-09-15

    California's low carbon fuel standard (LCFS) was designed to incentivize a diverse array of available strategies for reducing transportation greenhouse gas (GHG) emissions. It provides strong incentives for fuels with lower GHG emissions, while explicitly requiring a 10% reduction in California's transportation fuel GHG intensity by 2020. This paper investigates the potential for cost-effective GHG reductions from electrification and expanded use of biofuels. The analysis indicates that fuel providers could meetthe standard using a portfolio approach that employs both biofuels and electricity, which would reduce the risks and uncertainties associated with the progress of cellulosic and battery technologies, feedstock prices, land availability, and the sustainability of the various compliance approaches. Our analysis is based on the details of California's development of an LCFS; however, this research approach could be generalizable to a national U.S. standard and to similar programs in Europe and Canada. PMID:19806719

  1. Issues in Designing and Validating Portfolio Assessments. Project 2.3: Complex Performance Assessments: Expanding the Scope and Approaches to Assessment.

    ERIC Educational Resources Information Center

    Resnick, Lauren B.; Resnick, Daniel P.

    Portfolios, with their associated exhibitions, will be the heart of the New Standards assessment system that is being developed. It will be necessary to combine the functions of portfolios as measurement tools and as tools for instruction and learning. As a beginning, the New Standards project has examined how teachers are already using portfolios…

  2. Advancing agricultural greenhouse gas quantification*

    NASA Astrophysics Data System (ADS)

    Olander, Lydia; Wollenberg, Eva; Tubiello, Francesco; Herold, Martin

    2013-03-01

    increased emissions unless we improve production efficiencies and management. Developing countries currently account for about three-quarters of direct emissions and are expected to be the most rapidly growing emission sources in the future (FAO 2011). Reducing agricultural emissions and increasing carbon sequestration in the soil and biomass has the potential to reduce agriculture's contribution to climate change by 5.5-6.0 gigatons (Gt) of carbon dioxide equivalent (CO2eq)/year. Economic potentials, which take into account costs of implementation, range from 1.5 to 4.3 GT CO2eq/year, depending on marginal abatement costs assumed and financial resources committed, with most of this potential in developing countries (Smith et al 2007). The opportunity for mitigation in agriculture is thus significant, and, if realized, would contribute to making this sector carbon neutral. Yet it is only through a robust and shared understanding of how much carbon can be stored or how much CO2 is reduced from mitigation practices that informed decisions can be made about how to identify, implement, and balance a suite of mitigation practices as diverse as enhancing soil organic matter, increasing the digestibility of feed for cattle, and increasing the efficiency of nitrogen fertilizer applications. Only by selecting a portfolio of options adapted to regional characteristics and goals can mitigation needs be best matched to also serve rural development goals, including food security and increased resilience to climate change. Expansion of agricultural land also remains a major contributor of greenhouse gases, with deforestation, largely linked to clearing of land for cultivation or pasture, generating 80% of emissions from developing countries (Hosonuma et al 2012). There are clear opportunities for these countries to address mitigation strategies from the forest and agriculture sector, recognizing that agriculture plays a large role in economic and development potential. In this context

  3. Portfolio selection and asset pricing under a benchmark approach

    NASA Astrophysics Data System (ADS)

    Platen, Eckhard

    2006-10-01

    The paper presents classical and new results on portfolio optimization, as well as the fair pricing concept for derivative pricing under the benchmark approach. The growth optimal portfolio is shown to be a central object in a market model. It links asset pricing and portfolio optimization. The paper argues that the market portfolio is a proxy of the growth optimal portfolio. By choosing the drift of the discounted growth optimal portfolio as parameter process, one obtains a realistic theoretical market dynamics.

  4. Academic portfolio in the digital era: organizing and maintaining a portfolio using reference managers.

    PubMed

    Bhargava, Puneet; Patel, Vatsal B; Iyer, Ramesh S; Moshiri, Mariam; Robinson, Tracy J; Lall, Chandana; Heller, Matthew T

    2015-02-01

    The academic portfolio has become an integral part of the promotions process. Creating and maintaining an academic portfolio in paper-based or web-based formats can be a cumbersome and time-consuming task. In this article, we describe an alternative way to efficiently organize an academic portfolio using a reference manager software, and discuss some of the afforded advantages. The reference manager software Papers (Mekentosj, Amsterdam, The Netherlands) was used to create an academic portfolio. The article outlines the key steps in creating and maintaining a digital academic portfolio. Using reference manager software (Papers), we created an academic portfolio that allows the user to digitally organize clinical, teaching, and research accomplishments in an indexed library enabling efficient updating, rapid retrieval, and easy sharing. To our knowledge, this is the first digital portfolio of its kind. PMID:24965274

  5. The Dynamic Greenhouse Challenge

    ERIC Educational Resources Information Center

    Roman, Harry T.

    2010-01-01

    Greenhouses are marvelous devices, allowing one to enjoy the flower spectacle of summer all year round. At night, greenhouses use supplemental heat to keep the fragile plants warm. Over the last 30 years, greenhouse technology has undergone many changes, with the structures being automated and monitored and low-cost plastic structures emerging as…

  6. Build a Solar Greenhouse.

    ERIC Educational Resources Information Center

    Conservation and Renewable Energy Inquiry and Referral Service (DOE), Silver Spring, MD.

    Attached solar greenhouses are relatively inexpensive and easy to build; they can provide additional heat to homes all winter as well as fresh vegetables and flowers. This bulletin: (1) describes the characteristics of a solar greenhouse; (2) provides a checklist of five items to consider before building a solar greenhouse; (3) describes the four…

  7. SunShot Initiative Portfolio Book 2014

    SciTech Connect

    Solar Energy Technologies Office

    2014-05-01

    The 2014 SunShot Initiative Portfolio Book outlines the progress towards the goals outlined in the SunShot Vision Study. Contents include overviews of each of SunShot’s five subprogram areas, as well as a description of every active project in the SunShot’s project portfolio as of May 2014.

  8. Capstone Portfolios and Geography Student Learning Outcomes

    ERIC Educational Resources Information Center

    Mossa, Joann

    2014-01-01

    Due to increasing demands regarding student learning outcomes and accreditation, a capstone portfolio was added to assess critical thinking and communication skills of geography majors at a large public university in the USA. The portfolio guidelines were designed to be adaptable to a flexible curriculum where about half of the requirements within…

  9. The Portfolio: Sonnet, Mirror and Map.

    ERIC Educational Resources Information Center

    Diez, Mary E.

    The portfolio used in liberal arts teacher education encourages student reflection in three important ways symbolized by the sonnet form, by mirror, and by map. A sonnet must conform to a set of rules but the discipline of these rules offers a measure of freedom. In the same way, the work of portfolio development within established constraints…

  10. ePortfolios Meet Social Software

    ERIC Educational Resources Information Center

    Waters, John K.

    2007-01-01

    Although a seemingly good idea, electronic portfolios have to date failed to gain significant traction in higher education. Institutions with ePortfolio implementations routinely report high numbers of accounts on their campuses, but few believe that those numbers are a meaningful reflection of actual usage. Change is in the air for the…

  11. Portfolio Assessment Handbook. 1990-91.

    ERIC Educational Resources Information Center

    Thomas A. Edison State Coll., Trenton, NJ.

    This handbook gives the adult student information to complete portfolios that are designed to help adult students earn college credits for outside experience. Portfolio assessment is a flexible and efficient way to earn college credit. Nearly any area of learning can be converted into credits as long as it is taught at a regionally accredited…

  12. Administrative Portfolios: A Contemporary Construct for Evaluation.

    ERIC Educational Resources Information Center

    Brown, Genevieve; Irby, Beverly J.

    In growing numbers of elementary and secondary classrooms, portfolios provide an alternative means of assessing both student and teacher progress. As students and teachers choose the components of the portfolio and become involved in their own learning and assessment, they become more reflective and more critical, thus facilitating self-assessment…

  13. A Professional Practice Portfolio for Quality Learning

    ERIC Educational Resources Information Center

    Jones, Elizabeth

    2010-01-01

    This article focuses on the extent to which a portfolio may address the challenges of assessment for quality learning in professional education programmes. A four-year action research study investigated the development and implementation of a portfolio for the assessment of practice in a professional development programme preparing special…

  14. Optimization of the bank's operating portfolio

    NASA Astrophysics Data System (ADS)

    Borodachev, S. M.; Medvedev, M. A.

    2016-06-01

    The theory of efficient portfolios developed by Markowitz is used to optimize the structure of the types of financial operations of a bank (bank portfolio) in order to increase the profit and reduce the risk. The focus of this paper is to check the stability of the model to errors in the original data.

  15. Unlocking ePortfolio Practice: Teaching Beliefs

    ERIC Educational Resources Information Center

    Henscheid, Jean M.; Brown, Gary; Gordon, Aifang; Chen, Helen L.

    2014-01-01

    The Association for Authentic, Experiential, and Evidence-Based Learning (AAEEBL) annual ePortfolio survey focuses on understanding ePortfolio practitioners' teaching beliefs and practices. The action research reported here extends that survey research to a population of emerging educators (i.e., graduate students in education). In addition to…

  16. The Portfolio as Artifact and Actor

    ERIC Educational Resources Information Center

    Habib, Laurence; Wittek, Line

    2007-01-01

    This article proposes a tentative framework to support empirical analysis of portfolios as pedagogical tools for formative and summative assessment in higher education. It aims to get a deeper understanding of the role of the portfolio in student learning both as a tool and as representations of this tool. To that end, we use three sets of…

  17. Digital Career Portfolios: Expanding Institutional Opportunities

    ERIC Educational Resources Information Center

    Willis, Lucinda; Wilkie, LeAnn

    2009-01-01

    Faculty at a small university discussed digital portfolios for technology support students who were entering the senior year without a portfolio that illustrated their knowledge and skills for potential employers. Business leaders expressed the need for graduates to demonstrate technological skills and other critical competency areas. Recent…

  18. Electronic Portfolios for Authentic Professional Development.

    ERIC Educational Resources Information Center

    Heath, Marilyn

    2003-01-01

    Discusses the use of electronic portfolios by school library media specialists for professional development as a resume, an evaluation instrument, or other types of credential documentation. Includes guidelines for building a successful portfolio, including appropriate software selection; audience considerations; and technology skill…

  19. A Portfolio Assessment Model for ESL.

    ERIC Educational Resources Information Center

    Moya, Sharon S.; O'Malley, J. Michael

    1994-01-01

    A set of recommendations is offered for using portfolio assessment with elementary and secondary limited-English-proficient students. Characteristics of an exemplary portfolio procedure are described along with a rationale for monitoring students' language development and a planning model. (Contains 42 references.) (LB)

  20. Splashy Portfolios Kids Can Make Themselves.

    ERIC Educational Resources Information Center

    Booth, Virginia Humphreys

    1994-01-01

    A children's art project lets students create artistic portfolios in a Jackson Pollock style. The activity takes 60 minutes and requires posterboard, adhesive tape, spray paint, tempera paints, eyedroppers, newspapers, colored markers, and stencil letters. By inviting students to make their own portfolios, teachers are cultivating students'…

  1. Using E-Portfolios and ESL Learners

    ERIC Educational Resources Information Center

    Alawdat, Maha

    2013-01-01

    This study examines the use of e-portfolios for ESL (English as a second language) learners. The data were collected by reviewing 11 empirical studies from 2010-2012 in order to synthesize meaningful information about e-portfolios for ESL/EFL (English as a foreign language) acquisition. The studies were coded into two main categories: learning…

  2. On the Teaching of Portfolio Theory.

    ERIC Educational Resources Information Center

    Biederman, Daniel K.

    1992-01-01

    Demonstrates how a simple portfolio problem expressed explicitly as an expected utility maximization problem can be used to instruct students in portfolio theory. Discusses risk aversion, decision making under uncertainty, and the limitations of the traditional mean variance approach. Suggests students may develop a greater appreciation of general…

  3. Reflection during Portfolio-Based Conversations

    ERIC Educational Resources Information Center

    Oosterbaan, Anne E.; van der Schaaf, Marieke F.; Baartman, Liesbeth K. J.; Stokking, Karel M.

    2010-01-01

    This study aims to explore the relationship between the occurrence of reflection (and non-reflection) and thinking activities (e.g., orientating, selecting, analysing) during portfolio-based conversations. Analysis of 21 transcripts of portfolio-based conversations revealed that 20% of the segments were made up of reflection (content reflection…

  4. e-Portfolios in Music Teacher Education

    ERIC Educational Resources Information Center

    Lind, Vicki

    2007-01-01

    In this article Vicki Lind reports the findings of a case study investigation of the use of electronic portfolios in a music education program. The project focused specifically on the use of electronic portfolios as a tool to document the work of preservice teachers as they prepared for the teaching profession. Two research questions framed this…

  5. IT Portfolio Selection and IT Synergy

    ERIC Educational Resources Information Center

    Cho, Woo Je

    2010-01-01

    This dissertation consists of three chapters. The primary objectives of this dissertation are: (1) to provide a methodological framework of IT (Information Technology) portfolio management, and (2) to identify the effect of IT synergy on IT portfolio selection of a firm. The first chapter presents a methodological framework for IT project…

  6. Electronic Portfolios: A Five-Year History.

    ERIC Educational Resources Information Center

    Campbell, Jo

    1996-01-01

    Discusses implementation at Conestoga Elementary School in Gillette, Wyoming, of an electronic portfolio system to store both two-dimensional information, such as writing and drawing, and full-motion video sequences for each student. Notes that teachers, parents, and students can access the portfolios, which reside on rewritable optical disks; and…

  7. Student Portfolios: A Collection of Articles.

    ERIC Educational Resources Information Center

    Fogarty, Robin, Ed.

    More and more, schools are looking to student portfolios as a valid, reliable, and authentic form of assessment. This collection offers practical, well-researched answers to a variety of philosophical, organizational, and implementational questions surrounding portfolio assessment. Articles in the first section provide a rationale for student…

  8. Development of a web database portfolio system with PACS connectivity for undergraduate health education and continuing professional development.

    PubMed

    Ng, Curtise K C; White, Peter; McKay, Janice C

    2009-04-01

    Increasingly, the use of web database portfolio systems is noted in medical and health education, and for continuing professional development (CPD). However, the functions of existing systems are not always aligned with the corresponding pedagogy and hence reflection is often lost. This paper presents the development of a tailored web database portfolio system with Picture Archiving and Communication System (PACS) connectivity, which is based on the portfolio pedagogy. Following a pre-determined portfolio framework, a system model with the components of web, database and mail servers, server side scripts, and a Query/Retrieve (Q/R) broker for conversion between Hypertext Transfer Protocol (HTTP) requests and Q/R service class of Digital Imaging and Communication in Medicine (DICOM) standard, is proposed. The system was piloted with seventy-seven volunteers. A tailored web database portfolio system (http://radep.hti.polyu.edu.hk) was developed. Technological arrangements for reinforcing portfolio pedagogy include popup windows (reminders) with guidelines and probing questions of 'collect', 'select' and 'reflect' on evidence of development/experience, limitation in the number of files (evidence) to be uploaded, the 'Evidence Insertion' functionality to link the individual uploaded artifacts with reflective writing, capability to accommodate diversity of contents and convenient interfaces for reviewing portfolios and communication. Evidence to date suggests the system supports users to build their portfolios with sound hypertext reflection under a facilitator's guidance, and with reviewers to monitor students' progress providing feedback and comments online in a programme-wide situation.

  9. [Irrigation scheduling with a 20 cm standard pan for drip-irrigated cucumber grown in solar greenhouse in the North China Plain].

    PubMed

    Gong, Xue-wen; Sun, Jing-sheng; Liu, Hao; Zhang, Hao; Wu, Xiao-lei; Sun, Yu-hong

    2015-11-01

    An experiment was conducted in 2013 and 2014 at the Xinxiang Comprehensive Experimental Station, Chinese Academy of Agriculture Sciences. Water amount was estimated with the Ep-20 and pan coefficient. Responses of cucumber evapotranspiration (ET), yield, quality and water use efficiency (WUE) to different drip irrigation amounts (Kcp1: 0.25; Kcp2: 0.5; Kcp3: 0.75; Kcp4: 1.0; Kcp5: 1.25) were investigated. The possibility of developing drip irrigation scheduling using the 20 cm pan was also discussed. Results showed that the seasonal evapotranspiration of cucumber ranged between 129 and 314 mm, and the water consumption generally increased with the increase in drip irrigation water amount. There was no significance difference in cucumber yield between the treatments with Kcp > 0.75, and the responses of mean fruit mass, number and length to water amount had a threshold value (0.75Ep-20). Regarding the fruit quality, the contents of total soluble solids, vitamin C and soluble sugar slightly decreased with increasing the irrigation water amount, while the soluble protein content varied in order as: Kcp2 > Kcp3 > Kcp4 > Kcp1 > Kcp5. There was a significant positive correlation (P < 0.01) between the pan evaporation and the reference crop evapotranspiration estimated based on a modified Penman-Monteith equation. In a conclusion, the drip water amount calculated with Kcp of 0.75 and the 20 cm pan were easy and feasible for cucumber cultivation in solar greenhouse in the North China Plain. PMID:26915194

  10. Electronic Portfolios in ESL Writing: An Alternative Approach.

    ERIC Educational Resources Information Center

    Kahtani, Saad Al

    1999-01-01

    Demonstrates how teachers can create electronic portfolios using the World Wide Web. Highlights the benefits of creating and using electronic portfolios, presents the content of electronic portfolios, and demonstrates some of the tools that can be used to create electronic portfolios. (Author/VWL)

  11. Personal Theory and Reflection in a Professional Practice Portfolio

    ERIC Educational Resources Information Center

    Jones, Elizabeth

    2010-01-01

    Portfolios are widely used in the assessment of professional learning. Although claims are made that portfolios promote reflection, the nature of such reflection and the mechanisms that promote it in the portfolio process are not well understood. A four-year action research project investigated a professional practice portfolio for high stakes…

  12. 12 CFR 1252.1 - Enterprise portfolio holding criteria.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... 12 Banks and Banking 7 2010-01-01 2010-01-01 false Enterprise portfolio holding criteria. 1252.1 Section 1252.1 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTERPRISES PORTFOLIO HOLDINGS § 1252.1 Enterprise portfolio holding criteria. The Enterprises are required to comply with the portfolio...

  13. 12 CFR 1252.1 - Enterprise portfolio holding criteria.

    Code of Federal Regulations, 2012 CFR

    2012-01-01

    ... 12 Banks and Banking 9 2012-01-01 2012-01-01 false Enterprise portfolio holding criteria. 1252.1 Section 1252.1 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTERPRISES PORTFOLIO HOLDINGS § 1252.1 Enterprise portfolio holding criteria. The Enterprises are required to comply with the portfolio...

  14. 12 CFR 1252.1 - Enterprise portfolio holding criteria.

    Code of Federal Regulations, 2011 CFR

    2011-01-01

    ... 12 Banks and Banking 7 2011-01-01 2011-01-01 false Enterprise portfolio holding criteria. 1252.1 Section 1252.1 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTERPRISES PORTFOLIO HOLDINGS § 1252.1 Enterprise portfolio holding criteria. The Enterprises are required to comply with the portfolio...

  15. 12 CFR 1252.1 - Enterprise portfolio holding criteria.

    Code of Federal Regulations, 2014 CFR

    2014-01-01

    ... 12 Banks and Banking 10 2014-01-01 2014-01-01 false Enterprise portfolio holding criteria. 1252.1 Section 1252.1 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTERPRISES PORTFOLIO HOLDINGS § 1252.1 Enterprise portfolio holding criteria. The Enterprises are required to comply with the portfolio...

  16. 12 CFR 1252.1 - Enterprise portfolio holding criteria.

    Code of Federal Regulations, 2013 CFR

    2013-01-01

    ... 12 Banks and Banking 9 2013-01-01 2013-01-01 false Enterprise portfolio holding criteria. 1252.1 Section 1252.1 Banks and Banking FEDERAL HOUSING FINANCE AGENCY ENTERPRISES PORTFOLIO HOLDINGS § 1252.1 Enterprise portfolio holding criteria. The Enterprises are required to comply with the portfolio...

  17. Beyond the Electronic Portfolio: A Lifetime Personal Web Space

    ERIC Educational Resources Information Center

    Cohn, Ellen R.; Hibbitts, Bernard J.

    2004-01-01

    The electronic portfolio (e-portfolio) is higher education's new "got to have it" tool--the show-and-tell platform of the millennium. Hundreds of academic institutions are variously studying, using, or innovating e-portfolio systems. Indeed, the current e-portfolio movement is spawning new university committees; on-campus training modules, books,…

  18. Portfolio analysis of layered security measures.

    PubMed

    Chatterjee, Samrat; Hora, Stephen C; Rosoff, Heather

    2015-03-01

    Layered defenses are necessary for protecting the public from terrorist attacks. Designing a system of such defensive measures requires consideration of the interaction of these countermeasures. In this article, we present an analysis of a layered security system within the lower Manhattan area. It shows how portfolios of security measures can be evaluated through portfolio decision analysis. Consideration is given to the total benefits and costs of the system. Portfolio diagrams are created that help communicate alternatives among stakeholders who have differing views on the tradeoffs between security and economic activity. PMID:25487829

  19. A nonparametric and diversified portfolio model

    NASA Astrophysics Data System (ADS)

    Shirazi, Yasaman Izadparast; Sabiruzzaman, Md.; Hamzah, Nor Aishah

    2014-07-01

    Traditional portfolio models, like mean-variance (MV) suffer from estimation error and lack of diversity. Alternatives, like mean-entropy (ME) or mean-variance-entropy (MVE) portfolio models focus independently on the issue of either a proper risk measure or the diversity. In this paper, we propose an asset allocation model that compromise between risk of historical data and future uncertainty. In the new model, entropy is presented as a nonparametric risk measure as well as an index of diversity. Our empirical evaluation with a variety of performance measures shows that this model has better out-of-sample performances and lower portfolio turnover than its competitors.

  20. Engelhard expands oxidation catalysts portfolio

    SciTech Connect

    Rotman, D.

    1997-02-26

    Engelhard says its agreement earlier this month to market Amoco Chemical`s proprietary maleic anhydride catalyst reflects an effort to expand its speciality catalysts business (CW, Feb. 19, p.5). In particular, the company says it is looking for additional alliances to bolster its oxidation catalysts portfolio. {open_quotes}There are some areas of oxidation catalysis that are reasonably attractive,{close_quotes} says Paul Lamb, marketing director/chemical catalysts. He says that while Engelhard is not interested in commodity oxidation catalysts, such as those used to make sulfuric acid, it does want to boost offerings for higher-value oxidation catalysts. Engelhard is collaborating with Geon to offer oxychlorination catalysts for making ethylene dichloride. It also markets oxidation catalysts for vinyl acetate production.

  1. Tracking Models for Optioned Portfolio Selection

    NASA Astrophysics Data System (ADS)

    Liang, Jianfeng

    In this paper we study a target tracking problem for the portfolio selection involving options. In particular, the portfolio in question contains a stock index and some European style options on the index. A refined tracking-error-variance methodology is adopted to formulate this problem as a multi-stage optimization model. We derive the optimal solutions based on stochastic programming and optimality conditions. Attention is paid to the structure of the optimal payoff function, which is shown to possess rich properties.

  2. Scientists' internal models of the greenhouse effect

    NASA Astrophysics Data System (ADS)

    Libarkin, J. C.; Miller, H.; Thomas, S. R.

    2013-12-01

    A prior study utilized exploratory factor analysis to identify models underlying drawings of the greenhouse effect made by entering university freshmen. This analysis identified four archetype models of the greenhouse effect that appear within the college enrolling population. The current study collected drawings made by 144 geoscientists, from undergraduate geoscience majors through professionals. These participants scored highly on a standardized assessment of climate change understanding and expressed confidence in their understanding; many also indicated that they teach climate change in their courses. Although geoscientists held slightly more sophisticated greenhouse effect models than entering freshmen, very few held complete, explanatory models. As with freshmen, many scientists (44%) depict greenhouse gases in a layer in the atmosphere; 52% of participants depicted this or another layer as a physical barrier to escaping energy. In addition, 32% of participants indicated that incoming light from the Sun remains unchanged at Earth's surface, in alignment with a common model held by students. Finally, 3-20% of scientists depicted physical greenhouses, ozone, or holes in the atmosphere, all of which correspond to non-explanatory models commonly seen within students and represented in popular literature. For many scientists, incomplete models of the greenhouse effect are clearly enough to allow for reasoning about climate change. These data suggest that: 1) better representations about interdisciplinary concepts, such as the greenhouse effect, are needed for both scientist and public understanding; and 2) the scientific community needs to carefully consider how much understanding of a model is needed before necessary reasoning can occur.

  3. Adapting portfolio theory for the evaluation of multiple investments in health with a multiplicative extension for treatment synergies.

    PubMed

    Bridges, J F P; Stewart, M; King, M T; van Gool, K

    2002-01-01

    Portfolio theory is central to the analysis of risk in many areas of economics but is seldom used appropriately in health economics. This contribution examines the use of portfolio theory in the context of cost-effectiveness analysis (CEA). A number of modifications are needed to apply portfolio analysis to the economic evaluation of health care interventions. First, the method of reporting the results of a CEA, and consequently some of the underlying assumptions, needs to be modified. Second, portfolio theory needs to be expressed in terms of effects on individuals aggregated to a population. Finally, one needs to allow for the possibility of synergy between the various health interventions. This paper derives a general formula for a portfolio of health care interventions that allows for synergies between interventions where the population effects are aggregated from individual effects. A number of special cases are also derived to highlight the nature of the formulation of the modified portfolio theory. We conclude that, while modified portfolio theory adds a theoretical foundation to health care evaluations, it may not be operational until estimates of the correlation between interventions are available, and the question of uncertainty is resolved in health care evaluation. Also, while a synergy may be present at the individual level, when aggregated over a large population it may not be significant given the standard assumption of constant returns to scale.

  4. 4. Perspective view, greenhouse, from the southwest. The greenhouse is ...

    Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

    4. Perspective view, greenhouse, from the southwest. The greenhouse is the portion of the seed house to the right (south) of the double doors. - John Bartram House & Garden, Greenhouse, 54th Street & LIndbergh Boulevard, Philadelphia, Philadelphia County, PA

  5. Greenhouse Gas Analysis by GC/MS

    NASA Astrophysics Data System (ADS)

    Bock, E. M.; Easton, Z. M.; Macek, P.

    2015-12-01

    Current methods to analyze greenhouse gases rely on designated complex, multiple-column, multiple-detector gas chromatographs. A novel method was developed in partnership with Shimadzu for simultaneous quantification of carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) in environmental gas samples. Gas bulbs were used to make custom standard mixtures by injecting small volumes of pure analyte into the nitrogen-filled bulb. Resulting calibration curves were validated using a certified gas standard. The use of GC/MS systems to perform this analysis has the potential to move the analysis of greenhouse gasses from expensive, custom GC systems to standard single-quadrupole GC/MS systems that are available in most laboratories, which wide variety of applications beyond greenhouse gas analysis. Additionally, use of mass spectrometry can provide confirmation of identity of target analytes, and will assist in the identification of unknown peaks should they be present in the chromatogram.

  6. Thoughts from the Greenhouse

    ERIC Educational Resources Information Center

    Sonstrom, Wendy Jean

    2006-01-01

    In this article, the author compares the functions of a graduate adult education program and a greenhouse. A graduate adult education program is a place where, like in a greenhouse, exciting new hybrids can be developed--working with people outside the school of education, in different disciplines and beyond the university's walls, sharing what…

  7. Noxious gases in greenhouses.

    PubMed

    Likas, C; Exarchou, V; Gourgoulianis, K; Giaglaras, P; Gemptos, T; Kittas, K; Molyvdas, P A

    2001-01-01

    The concentration of NO(2) and SO(2) was measured in a commercial greenhouse from 23/9/1999 25/01/2000. The measurements showed that the level of the two gases is very high in the greenhouse atmosphere. Lung function tests in 42 workers showed that temporary work did not influence significantly the respiratory health status. PMID:11426932

  8. Reservoir Greenhouse Gas Emissions at Russian HPP

    SciTech Connect

    Fedorov, M. P.; Elistratov, V. V.; Maslikov, V. I.; Sidorenko, G. I.; Chusov, A. N.; Atrashenok, V. P.; Molodtsov, D. V.; Savvichev, A. S.; Zinchenko, A. V.

    2015-05-15

    Studies of greenhouse-gas emissions from the surfaces of the world’s reservoirs, which has demonstrated ambiguity of assessments of the effect of reservoirs on greenhouse-gas emissions to the atmosphere, is analyzed. It is recommended that greenhouse- gas emissions from various reservoirs be assessed by the procedure “GHG Measurement Guidelines for Fresh Water Reservoirs” (2010) for the purpose of creating a data base with results of standardized measurements. Aprogram for research into greenhouse-gas emissions is being developed at the St. Petersburg Polytechnic University in conformity with the IHA procedure at the reservoirs impounded by the Sayano-Shushenskaya and Mainskaya HPP operated by the RusHydro Co.

  9. The Portfolio Mindset: Innovation Starts from the Ground Up. Portfolio School Districts Project

    ERIC Educational Resources Information Center

    Campbell, Christine

    2012-01-01

    At the first Portfolio School District Network meeting, in 2009, 15 people sat around a table wondering whether the portfolio idea could work only in special circumstances like New York City or New Orleans. Three years later, 27 districts are implementing this continuous improvement strategy and more are eager to learn how they can make it work…

  10. 77 FR 55903 - Confirmation, Portfolio Reconciliation, Portfolio Compression, and Swap Trading Relationship...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2012-09-11

    ... final regulations.\\5\\ \\2\\ See 75 FR 81519 (Dec. 28, 2010) (Confirmation, Portfolio Reconciliation, and Portfolio Compression Requirements for Swap Dealers and Major Swap Participants (Confirmation NPRM)); 76 FR... Swap Participants (Documentation NPRM)); and 76 FR 6708 (Feb. 8, 2011) (Orderly Liquidation...

  11. Development of the Electronic Portfolio Student Perspective Instrument: An ePortfolio Integration Initiative

    ERIC Educational Resources Information Center

    Ritzhaupt, Albert Dieter; Singh, Oma; Seyferth, Thelma; Dedrick, Robert F.

    2008-01-01

    With the proliferation of eportfolios and their organizational uses in higher education, it is important for educators and other relevant stakeholders to understand the student perspective. The way students view and use ePortfolios are revealing elements to aid educators in the successful integration of ePortfolio systems. This research describes…

  12. Electronic Teaching Portfolios: Technology Skills + Portfolio Development--Do They = Powerful Preservice Teachers?

    ERIC Educational Resources Information Center

    Capraro, Mary Margaret

    2006-01-01

    Electronic portfolios are a "collection of work captured by electronic means, that serves as an exhibit of individual efforts, progress, and achievements in one or more areas" (Weidmer, 1998, p. 586). Because of the rapid growth and updates in technology, keeping electronic portfolios is becoming increasingly common in a variety of educational…

  13. Effective Implementation of ePortfolios: The Development of ePortfolios to Support Online Learning

    ERIC Educational Resources Information Center

    Cote, Kyle; Emmett, Tara

    2015-01-01

    This article discusses the ePortfolio system for grades 9-12 at the Virtual Learning Academy Charter School (VLACS). ePortfolio implementation at VLACS developed from an Advisory course curriculum that supports students' journey toward becoming college, career, and citizenship ready. We provide a unique perspective for implementation in that VLACS…

  14. Validity of the Learning Portfolio: Analysis of a Portfolio Proposal for the University

    ERIC Educational Resources Information Center

    Gregori-Giralt, Eva; Menéndez-Varela, José Luis

    2015-01-01

    Validity is a central issue in portfolio-based assessment. This empirical study used a quantitative approach to analyse the validity of the inferences drawn from a disciplinary course work portfolio assessment comprising profession-specific and learning competencies. The study also examined the problems involved in the development of the…

  15. Why ePortfolios? Student Perceptions of ePortfolio Use in Continuing Education Learning Environments

    ERIC Educational Resources Information Center

    Wuetherick, Brad; Dickinson, John

    2015-01-01

    Over the past decade, there has been an increased exploration of ePortfolios in higher education across disciplines at both the undergraduate and graduate level. ePortfolios have been significantly under-explored, however, in the context of non-traditional continuing education environments within higher education. This paper explores students'…

  16. Promoting Intercultural Understanding and Reducing Stereotypes: Incorporating the Cultural Portfolio Project into Taiwan's EFL College Classes

    ERIC Educational Resources Information Center

    Su, Ya-Chen

    2011-01-01

    Learning about foreign language (FL) cultures is becoming an important objective in the FL curricula and national standards of different countries throughout the world. The purpose of the study was to examine the effects of the cultural portfolio project on: (1) students' concept development in their perceptions of the target language culture and…

  17. Beyond the "Bells and Whistles": Toward a Visual Rhetoric for Teachers' Digital Portfolios

    ERIC Educational Resources Information Center

    Hicks, Troy

    2005-01-01

    Analyzing the creation of a digital portfolio from a digital and visual rhetorical stance, rather than from a standards-based or technical competency position, affords a teacher many more opportunities to think critically about their work, understand the choices they are making in representing that work online to diverse audiences, and continually…

  18. High School Teachers' Perceptions of ePortfolios and Classroom Practice: A Single-Case Study

    ERIC Educational Resources Information Center

    Pimentel, Jerelyn M.

    2010-01-01

    Rhode Island's proficiency-based high school diploma system requires high school graduates to demonstrate proficiency in standard-based content and applied learning skills through at least two performance assessment measures (RIDE, 2003). To meet these requirements, 12 of Rhode Island's 39 school districts are using ePortfolios as one of their…

  19. A Study of Secondary Teachers' Implementation of an Electronic Portfolio Initiative

    ERIC Educational Resources Information Center

    Viggiano, Anna Marie

    2009-01-01

    This qualitative case study examined implementation of the ePortfolio, developed by the Hawai'i Department of Education as a system to store formative and summative assessment supporting standards-based education. The focus of the study examined factors increasing teacher willingness, confidence and knowledge in implementation of electronic…

  20. Portfolio assessment: practice teachers' early experience.

    PubMed

    Spence, William; El-Ansari, Walid

    2004-07-01

    Experience was recognised to be a vital source of learning as long ago as 1762 [Emile, Everyman, London, 1993] and reflection on practice experience may be one way forward in addressing nursing's anxieties concerning the practice theory gap. However, despite the acceptance that subjectivity in the process seems inevitable and potentially important, little is understood of the practitioner's experience of practice assessment. Two questionnaires sought the views of specialist community nursing practitioner (SCNP) programme (United Kingdom Central Council for Nursing, Midwifery and Health Visiting (UKCC) 2001) practice teachers (PTs) on the introduction of the portfolio approach to practice assessment. These were distributed to 62 and 76 PTs and the response rates were 32% and 50%, respectively. Responses of those PTs from the three specialisms participating in the piloting of the portfolio approach were compared with those using an existing approach. An action research method was adopted which attempted to use established theory to explain the challenges presented by the introduction of this approach and ultimately to raise the PT group's awareness of assessment issues. Both qualitative and quantitative data were collected and the findings support the use of the portfolio approach to practice assessment. The PT experience of portfolio use was found to be a largely positive one. PTs reported the utility of the portfolio in prompting student self-evaluation of learning. Concerns were expressed by PTs around the quality of portfolio evidence although many felt that it had promoted students' reflection on practice. Inter-PT reliability in practice assessment was identified as a topic for PT continuing professional development. Many sources of evidence, including patient feedback, were used by PTs in their assessment of students although PTs using the portfolio approach used less first-hand experience of students' practice in their assessments of competence, relying more

  1. Technology Opportunities to Reduce U.S. Greenhouse Gas Emissions

    SciTech Connect

    Not Available

    1997-10-01

    This report serves as the technology basis of a needed national climate change technology strategy, with the confidence that a strong technology R&D program will deliver a portfolio of technologies with the potential to provide very substantial greenhouse gas emission reductions along with continued economic growth. Much more is needed to define such a strategy, including identification of complementary deployment policies and analysis to support the seeping and prioritization of R&D programs. A national strategy must be based upon governmental, industrial, and academic partnerships.

  2. Firefly algorithm for cardinality constrained mean-variance portfolio optimization problem with entropy diversity constraint.

    PubMed

    Bacanin, Nebojsa; Tuba, Milan

    2014-01-01

    Portfolio optimization (selection) problem is an important and hard optimization problem that, with the addition of necessary realistic constraints, becomes computationally intractable. Nature-inspired metaheuristics are appropriate for solving such problems; however, literature review shows that there are very few applications of nature-inspired metaheuristics to portfolio optimization problem. This is especially true for swarm intelligence algorithms which represent the newer branch of nature-inspired algorithms. No application of any swarm intelligence metaheuristics to cardinality constrained mean-variance (CCMV) portfolio problem with entropy constraint was found in the literature. This paper introduces modified firefly algorithm (FA) for the CCMV portfolio model with entropy constraint. Firefly algorithm is one of the latest, very successful swarm intelligence algorithm; however, it exhibits some deficiencies when applied to constrained problems. To overcome lack of exploration power during early iterations, we modified the algorithm and tested it on standard portfolio benchmark data sets used in the literature. Our proposed modified firefly algorithm proved to be better than other state-of-the-art algorithms, while introduction of entropy diversity constraint further improved results.

  3. Firefly Algorithm for Cardinality Constrained Mean-Variance Portfolio Optimization Problem with Entropy Diversity Constraint

    PubMed Central

    2014-01-01

    Portfolio optimization (selection) problem is an important and hard optimization problem that, with the addition of necessary realistic constraints, becomes computationally intractable. Nature-inspired metaheuristics are appropriate for solving such problems; however, literature review shows that there are very few applications of nature-inspired metaheuristics to portfolio optimization problem. This is especially true for swarm intelligence algorithms which represent the newer branch of nature-inspired algorithms. No application of any swarm intelligence metaheuristics to cardinality constrained mean-variance (CCMV) portfolio problem with entropy constraint was found in the literature. This paper introduces modified firefly algorithm (FA) for the CCMV portfolio model with entropy constraint. Firefly algorithm is one of the latest, very successful swarm intelligence algorithm; however, it exhibits some deficiencies when applied to constrained problems. To overcome lack of exploration power during early iterations, we modified the algorithm and tested it on standard portfolio benchmark data sets used in the literature. Our proposed modified firefly algorithm proved to be better than other state-of-the-art algorithms, while introduction of entropy diversity constraint further improved results. PMID:24991645

  4. On the non-stationarity of financial time series: impact on optimal portfolio selection

    NASA Astrophysics Data System (ADS)

    Livan, Giacomo; Inoue, Jun-ichi; Scalas, Enrico

    2012-07-01

    We investigate the possible drawbacks of employing the standard Pearson estimator to measure correlation coefficients between financial stocks in the presence of non-stationary behavior, and we provide empirical evidence against the well-established common knowledge that using longer price time series provides better, more accurate, correlation estimates. Then, we investigate the possible consequences of instabilities in empirical correlation coefficient measurements on optimal portfolio selection. We rely on previously published works which provide a framework allowing us to take into account possible risk underestimations due to the non-optimality of the portfolio weights being used in order to distinguish such non-optimality effects from risk underestimations genuinely due to non-stationarities. We interpret such results in terms of instabilities in some spectral properties of portfolio correlation matrices.

  5. Passive-solar greenhouse

    SciTech Connect

    Not Available

    1982-01-01

    Our project objective was to design, construct, and operate a commercialized (16' x 50') passive, solar greenhouse. The structure was originally intended as a vegetable forcing facility to produce vegetable crops in the off-season. Building and size constraints and economic considerations convinced us to use the greenhouse for producing bedding plants and vegetable starts in the spring, high value vegetables (tomatoes, cucumbers) in the fall and forced bulbs in the winter. This crop sequence allows us to use the greenhouse all year without additional heat as the crops are adopted to the temperature regime of the greenhouse during each particular season. In our first season, the greenhouse performed beautifully. The lowest temperature recorded was 38/sup 0/F after 4 cold, cloudy days in February. The production of bedding plants has allowed us to diversify our products and the early transplants we produced were a great asset to our vegetable farming operation. Although construction cost (4.57 sq. ft.) is higher than that of a conventional polyethylene-covered, quonset-type greenhouse (approx. $1.92 sq. ft.), our annual operating cost is cheaper than that of a conventional greenhouse (0.49 cents sq. ft. versus 0.67 cents sq. ft.) due to a longer usable lifetime of the structure and the elimination of heating costs. Our structure has been toured by interested individuals, school and farm groups. We plan to publicize the structure and its advantages by promoting more visits to the site.

  6. Performance of salmon fishery portfolios across western North America

    PubMed Central

    Griffiths, Jennifer R; Schindler, Daniel E; Armstrong, Jonathan B; Scheuerell, Mark D; Whited, Diane C; Clark, Robert A; Hilborn, Ray; Holt, Carrie A; Lindley, Steven T; Stanford, Jack A; Volk, Eric C

    2014-01-01

    Quantifying the variability in the delivery of ecosystem services across the landscape can be used to set appropriate management targets, evaluate resilience and target conservation efforts. Ecosystem functions and services may exhibit portfolio-type dynamics, whereby diversity within lower levels promotes stability at more aggregated levels. Portfolio theory provides a framework to characterize the relative performance among ecosystems and the processes that drive differences in performance. We assessed Pacific salmon Oncorhynchus spp. portfolio performance across their native latitudinal range focusing on the reliability of salmon returns as a metric with which to assess the function of salmon ecosystems and their services to humans. We used the Sharpe ratio (e.g. the size of the total salmon return to the portfolio relative to its variability (risk)) to evaluate the performance of Chinook and sockeye salmon portfolios across the west coast of North America. We evaluated the effects on portfolio performance from the variance of and covariance among salmon returns within each portfolio, and the association between portfolio performance and watershed attributes. We found a positive latitudinal trend in the risk-adjusted performance of Chinook and sockeye salmon portfolios that also correlated negatively with anthropogenic impact on watersheds (e.g. dams and land-use change). High-latitude Chinook salmon portfolios were on average 2·5 times more reliable, and their portfolio risk was mainly due to low variance in the individual assets. Sockeye salmon portfolios were also more reliable at higher latitudes, but sources of risk varied among the highest performing portfolios. Synthesis and applications. Portfolio theory provides a straightforward method for characterizing the resilience of salmon ecosystems and their services. Natural variability in portfolio performance among undeveloped watersheds provides a benchmark for restoration efforts. Locally and regionally

  7. Student Evaluations of the Portfolio Process

    PubMed Central

    Airey, Tatum C.; Bisso, Andrea M.; Slack, Marion K.

    2011-01-01

    Objective. To evaluate pharmacy students’ perceived benefits of the portfolio process and to gather suggestions for improving the process. Methods. A questionnaire was designed and administered to 250 first-, second-, and third-year pharmacy students at the University of Arizona College of Pharmacy. Results. Although the objectives of the portfolio process were for students to understand the expected outcomes, understand the impact of extracurricular activities on attaining competencies, identify what should be learned, identify their strengths and weaknesses, and modify their approach to learning, overall students perceived the portfolio process as having less than moderate benefit. First-year students wanted more examples of portfolios while second- and third-year students suggested that more time with their advisor would be beneficial. Conclusions. The portfolio process will continue to be refined and efforts made to improve students’ perceptions of the process as it is intended to develop the self-assessments skills they will need to improve their knowledge and professional skills throughout their pharmacy careers. PMID:21969718

  8. Portfolio optimization with skewness and kurtosis

    NASA Astrophysics Data System (ADS)

    Lam, Weng Hoe; Jaaman, Saiful Hafizah Hj.; Isa, Zaidi

    2013-04-01

    Mean and variance of return distributions are two important parameters of the mean-variance model in portfolio optimization. However, the mean-variance model will become inadequate if the returns of assets are not normally distributed. Therefore, higher moments such as skewness and kurtosis cannot be ignored. Risk averse investors prefer portfolios with high skewness and low kurtosis so that the probability of getting negative rates of return will be reduced. The objective of this study is to compare the portfolio compositions as well as performances between the mean-variance model and mean-variance-skewness-kurtosis model by using the polynomial goal programming approach. The results show that the incorporation of skewness and kurtosis will change the optimal portfolio compositions. The mean-variance-skewness-kurtosis model outperforms the mean-variance model because the mean-variance-skewness-kurtosis model takes skewness and kurtosis into consideration. Therefore, the mean-variance-skewness-kurtosis model is more appropriate for the investors of Malaysia in portfolio optimization.

  9. Climate Change Technology R&D Portfolio Decision Making Under Uncertainty

    SciTech Connect

    Baker, E.; Keisler, J.; Chon, H.

    2008-11-17

    In this project we have completed, or are in the process of, collecting and analyzing information on seven energy technologies – solar photovoltaics, nuclear power, carbon capture and storage, electricity from biomass, liquid bio-fuels, and batteries – in regards to their potential impact on reducing greenhouse gas emissions. We have collected expert elicitations, relating U.S. government funding trajectories to probabilities of success. We then used MiniCAM, a technologically-detailed Integrated Assessnent Model to determine the impact on the marginal cost of reducing greenhouse gas emissions, if the technologies were successful. Finally, we have performed initial analysis on portfolios of technologies. This project has partially supported nine papers, either published, under review, or under preparation for such journals as Energy Economics, The Energy Journal, Climatic Change, Management Science, and Transportation Research.

  10. Aligning the use of portfolios with digital badging.

    PubMed

    Doherty, Iain; Sharma, Neel

    2015-10-01

    While the place of portfolios in medical training is established, there are limits to their use. This article discusses the potential use of digital badges to complement portfolios, as these provide a transparent overview of a learner's level of competence.

  11. Real-world datasets for portfolio selection and solutions of some stochastic dominance portfolio models.

    PubMed

    Bruni, Renato; Cesarone, Francesco; Scozzari, Andrea; Tardella, Fabio

    2016-09-01

    A large number of portfolio selection models have appeared in the literature since the pioneering work of Markowitz. However, even when computational and empirical results are described, they are often hard to replicate and compare due to the unavailability of the datasets used in the experiments. We provide here several datasets for portfolio selection generated using real-world price values from several major stock markets. The datasets contain weekly return values, adjusted for dividends and for stock splits, which are cleaned from errors as much as possible. The datasets are available in different formats, and can be used as benchmarks for testing the performances of portfolio selection models and for comparing the efficiency of the algorithms used to solve them. We also provide, for these datasets, the portfolios obtained by several selection strategies based on Stochastic Dominance models (see "On Exact and Approximate Stochastic Dominance Strategies for Portfolio Selection" (Bruni et al. [2])). We believe that testing portfolio models on publicly available datasets greatly simplifies the comparison of the different portfolio selection strategies. PMID:27508232

  12. Real-world datasets for portfolio selection and solutions of some stochastic dominance portfolio models.

    PubMed

    Bruni, Renato; Cesarone, Francesco; Scozzari, Andrea; Tardella, Fabio

    2016-09-01

    A large number of portfolio selection models have appeared in the literature since the pioneering work of Markowitz. However, even when computational and empirical results are described, they are often hard to replicate and compare due to the unavailability of the datasets used in the experiments. We provide here several datasets for portfolio selection generated using real-world price values from several major stock markets. The datasets contain weekly return values, adjusted for dividends and for stock splits, which are cleaned from errors as much as possible. The datasets are available in different formats, and can be used as benchmarks for testing the performances of portfolio selection models and for comparing the efficiency of the algorithms used to solve them. We also provide, for these datasets, the portfolios obtained by several selection strategies based on Stochastic Dominance models (see "On Exact and Approximate Stochastic Dominance Strategies for Portfolio Selection" (Bruni et al. [2])). We believe that testing portfolio models on publicly available datasets greatly simplifies the comparison of the different portfolio selection strategies.

  13. Solar greenhouses in Minnesota

    SciTech Connect

    Polich, M.

    1981-12-01

    After a discussion of solar greenhouse phenomena and the potential for heat collection and food production, design recommendations are provided for attached heat collecting solar sunspaces and for attached food producing solar greenhouses. Also, design of a single solar structure to maximize heat collection and food production is considered. A method of predicting the performance for attached heat collecting solar sunspaces is given in which the solar savings fraction is calculated. (LEW)

  14. Enhanced index tracking modelling in portfolio optimization

    NASA Astrophysics Data System (ADS)

    Lam, W. S.; Hj. Jaaman, Saiful Hafizah; Ismail, Hamizun bin

    2013-09-01

    Enhanced index tracking is a popular form of passive fund management in stock market. It is a dual-objective optimization problem, a trade-off between maximizing the mean return and minimizing the risk. Enhanced index tracking aims to generate excess return over the return achieved by the index without purchasing all of the stocks that make up the index by establishing an optimal portfolio. The objective of this study is to determine the optimal portfolio composition and performance by using weighted model in enhanced index tracking. Weighted model focuses on the trade-off between the excess return and the risk. The results of this study show that the optimal portfolio for the weighted model is able to outperform the Malaysia market index which is Kuala Lumpur Composite Index because of higher mean return and lower risk without purchasing all the stocks in the market index.

  15. Belief Propagation Algorithm for Portfolio Optimization Problems

    PubMed Central

    2015-01-01

    The typical behavior of optimal solutions to portfolio optimization problems with absolute deviation and expected shortfall models using replica analysis was pioneeringly estimated by S. Ciliberti et al. [Eur. Phys. B. 57, 175 (2007)]; however, they have not yet developed an approximate derivation method for finding the optimal portfolio with respect to a given return set. In this study, an approximation algorithm based on belief propagation for the portfolio optimization problem is presented using the Bethe free energy formalism, and the consistency of the numerical experimental results of the proposed algorithm with those of replica analysis is confirmed. Furthermore, the conjecture of H. Konno and H. Yamazaki, that the optimal solutions with the absolute deviation model and with the mean-variance model have the same typical behavior, is verified using replica analysis and the belief propagation algorithm. PMID:26305462

  16. Advancing agricultural greenhouse gas quantification*

    NASA Astrophysics Data System (ADS)

    Olander, Lydia; Wollenberg, Eva; Tubiello, Francesco; Herold, Martin

    2013-03-01

    increased emissions unless we improve production efficiencies and management. Developing countries currently account for about three-quarters of direct emissions and are expected to be the most rapidly growing emission sources in the future (FAO 2011). Reducing agricultural emissions and increasing carbon sequestration in the soil and biomass has the potential to reduce agriculture's contribution to climate change by 5.5-6.0 gigatons (Gt) of carbon dioxide equivalent (CO2eq)/year. Economic potentials, which take into account costs of implementation, range from 1.5 to 4.3 GT CO2eq/year, depending on marginal abatement costs assumed and financial resources committed, with most of this potential in developing countries (Smith et al 2007). The opportunity for mitigation in agriculture is thus significant, and, if realized, would contribute to making this sector carbon neutral. Yet it is only through a robust and shared understanding of how much carbon can be stored or how much CO2 is reduced from mitigation practices that informed decisions can be made about how to identify, implement, and balance a suite of mitigation practices as diverse as enhancing soil organic matter, increasing the digestibility of feed for cattle, and increasing the efficiency of nitrogen fertilizer applications. Only by selecting a portfolio of options adapted to regional characteristics and goals can mitigation needs be best matched to also serve rural development goals, including food security and increased resilience to climate change. Expansion of agricultural land also remains a major contributor of greenhouse gases, with deforestation, largely linked to clearing of land for cultivation or pasture, generating 80% of emissions from developing countries (Hosonuma et al 2012). There are clear opportunities for these countries to address mitigation strategies from the forest and agriculture sector, recognizing that agriculture plays a large role in economic and development potential. In this context

  17. Operating and Maintaining the Greenhouse.

    ERIC Educational Resources Information Center

    Gresser, Priscilla A.

    This learning guide is designed to assist vocational agriculture students in mastering 20 tasks involved in the operation and maintenance of a greenhouse. Addressed in the individual sections of the guide are the following topics: identification of greenhouse designs, greenhouse construction, basic greenhouse maintenance to conserve energy,…

  18. Developing an electronic teaching and training portfolio.

    PubMed

    Aresti, Nick; Ramachandran, Manoj

    2014-06-01

    Technological advances, in particular the rise of the internet, have led to dramatic changes in medical education. The recent global financial crisis and issues with medical staffing have meant that training programs and universities are increasingly exploring electronic means to provide efficient and cost effective education techniques. In this article, we explore methods by which orthopedic trainees can develop their educational portfolio through electronic resources and similarly, how training or residency programs can utilize these advances in technology to both increase efficiency and enhance their teaching reputation. Finally, we explore the merits of trainees keeping track of their careers through electronic portfolios. PMID:24496771

  19. Portfolio optimization using fuzzy linear programming

    NASA Astrophysics Data System (ADS)

    Pandit, Purnima K.

    2013-09-01

    Portfolio Optimization (PO) is a problem in Finance, in which investor tries to maximize return and minimize risk by carefully choosing different assets. Expected return and risk are the most important parameters with regard to optimal portfolios. In the simple form PO can be modeled as quadratic programming problem which can be put into equivalent linear form. PO problems with the fuzzy parameters can be solved as multi-objective fuzzy linear programming problem. In this paper we give the solution to such problems with an illustrative example.

  20. Alternatives: the right medicine for your portfolio?

    PubMed

    Doody, Dennis

    2006-01-01

    Because they often play an active role in developing their portfolio companies' strategies, private capital investment managers can add significant value to companies in their portfolio. The relative inefficiency of private capital markets can give savvy investors an edge that they can not so easily gain in the more efficient public markets. Originally created as a means to reduce volatility, hedge funds should not be seen as the high-risk bets that they are widely perceived to be. Most hedge funds actually are concerned with protecting downside risk.

  1. Using Portfolios as a Capstone Assessment in TESL Programs.

    ERIC Educational Resources Information Center

    MacDonald, Marguerite G.

    Use of portfolios for student evaluation has expanded in recent years to assessment of student progress in training to teach English as a Second Language (TESL). At Wright State University (Ohio), portfolio assessment is part of both undergraduate and graduate level ESL teaching programs. As at other institutions, portfolio development is being…

  2. Permanent Record: A Compelling Case for Teacher Portfolios.

    ERIC Educational Resources Information Center

    Husted, Karen

    1998-01-01

    Provides some background on the idea of K-12 teacher portfolios which emerged from the educational reform movement. Notes their use for theater education in particular. Suggests what might be common inclusions in a portfolio. Suggests that those who aspire to work in higher education should create a curriculum vitae portfolio. (PA)

  3. Physics Students' Perceptions on Their Journey through Portfolio Assessment

    ERIC Educational Resources Information Center

    Ogan-Bekiroglu, Feral; Gunay, Abdulkadir

    2008-01-01

    Despite the approbations for the use of portfolio assessment, there are limited number of studies that have looked at the portfolio assessment from the students' point of view. The purpose of this study was to find out students' perceptions about portfolio assessment. A multi-case study design was utilized for the research in order to focus on…

  4. The Use of Portfolios for Students with Autism.

    ERIC Educational Resources Information Center

    Carothers, Douglas E.; Taylor, Ronald L.

    2003-01-01

    This article explains the benefits of portfolio usage for students with autism spectrum disorder and details what to include and how to organize the portfolio. Suggested portfolio divisions include artifacts addressing socialization, communication, behavior, academic, functional skills, and fine and gross motor development. Sharing student…

  5. Incorporation of Student Portfolios in the TQM Classroom.

    ERIC Educational Resources Information Center

    Zahn, Susan Brown; Rajkumar, T. M.; Zahn, Christopher J.

    1996-01-01

    Use of the student portfolio as an assessment instrument in an interdisciplinary multimedia-development course is described. Guided by the principles of Total Quality Management (TQM), the portfolio is used both for continuous course improvement and for student self-assessment. The assessment portfolio is built on the Bloom taxonomy. A…

  6. E-Portfolios for Reflective Practice, Advocacy, and Professional Growth

    ERIC Educational Resources Information Center

    Keller, Cynthia

    2013-01-01

    An e-portfolio is an organized collection of professional work (artifacts), selected and reflected upon by the author, that represents a person's best efforts. Over time, an e-portfolio will reflect professional changes and growth. This article discusses some of the reasons for a school librarian to create an e-portfolio. Before creating an…

  7. Interrater Reliability of a Team-Scored Electronic Portfolio

    ERIC Educational Resources Information Center

    Yao, Yuankun; Foster, Karen; Aldrich, Jennifer

    2009-01-01

    This study applied generalizability theory to investigate the interrater reliability of a team-scored electronic portfolio required for initial teacher certification. The sample consisted of 31 preservice teacher portfolios which were assigned to three groups of portfolio review teams. The review teams, which had received several rounds of…

  8. ePortfolio, Technology, and Learning: A Reality Check

    ERIC Educational Resources Information Center

    Chau, Juliana; Cheng, Gary

    2010-01-01

    One innovative practice in higher education arising from advances in computer technology is the use of ePortfolio for learning and assessment. Although in theory ePortfolios are believed to yield benefits for learning, in practice ePortfolio use often leads to confusion and frustration. In this paper we ask: what is the relationship between…

  9. Down the Yellow Chip Road: Hypertext Portfolios in Oz.

    ERIC Educational Resources Information Center

    Fischer, Katherine M.

    1996-01-01

    Describes a creative writing class in which students used hypertext to develop their writing portfolios. Suggests that, much like "Kansas Dorothy" who ventured into Oz, a "tornado" carried these students and their teacher from the safe Paperland to the yellow chip road of electronic portfolios. Notes that students' portfolios were uniquely…

  10. With Portfolio in Hand. Validating the New Teacher Professionalism.

    ERIC Educational Resources Information Center

    Lyons, Nona, Ed.

    This book suggests that portfolios can become a new kind of credential of competent and effective teachers. The book includes 5 parts with 16 chapters. Part 1, "Prologue," offers: (1) "Portfolio Possibilities: Validating a New Teacher Professionalism" (Nona Lyons) and (2) "Teacher Portfolios: A Theoretical Activity" (Lee Shulman). Part 2,…

  11. Weblog-Based Electronic Portfolios for Student Teachers in Taiwan

    ERIC Educational Resources Information Center

    Chuang, Hsueh-Hua

    2010-01-01

    This paper explored how the use of weblogs within the portfolio framework affected portfolio production and development for student teachers, and how the weblog-based electronic portfolio (WBEP) shaped student teachers' reflective practice during the student teaching practicum. The individuals participating in this study consisted of 31 elementary…

  12. Secondary-School Students' Motivation for Portfolio Reflection

    ERIC Educational Resources Information Center

    De Bruin, H. L.; van der Schaaf, M. F.; Oosterbaan, A. E.; Prins, F. J.

    2012-01-01

    Several studies concluded that deep reflection is infrequently reached in student portfolios. An explanation for these disappointing conclusions might be that motivation for portfolio reflection determines the quality of reflection. This study aimed to examine the relationship between motivation for using digital portfolios and reflection.…

  13. Learning Portfolio as a Service--A Restful Style

    ERIC Educational Resources Information Center

    Hu, Shueh-Cheng; Chen, I-Ching; Lin, Yaw-Ling

    2013-01-01

    Learning portfolios play a critical role in fostering learning and assessing learning achievement. For easy access and more efficient processing, various electronic portfolio systems have being developed and receiving widespread adoption. Contemporary electronic portfolio systems are designed and developed proprietarily, such that the limited…

  14. Asset Attribution Stability and Portfolio Construction: An Educational Example

    ERIC Educational Resources Information Center

    Chong, James T.; Jennings, William P.; Phillips, G. Michael

    2014-01-01

    This paper illustrates how a third statistic from asset pricing models, the R-squared statistic, may have information that can help in portfolio construction. Using a traditional CAPM model in comparison to an 18-factor Arbitrage Pricing Style Model, a portfolio separation test is conducted. Portfolio returns and risk metrics are compared using…

  15. The Portfolio: A Tool for Workplace Learning and Development.

    ERIC Educational Resources Information Center

    Brown, Judith O.

    This paper explores and explains the validity and value of the experiential learning portfolio as an effective tool for workplace learning and development. Qualitative and survey methods of inquiry were used to produce data on the portfolio in workplace learning. Eight workers who developed experiential learning portfolios as a component of their…

  16. E-Portfolio for Enhancing Graduate Research Supervision

    ERIC Educational Resources Information Center

    Le, Quynh

    2012-01-01

    Purpose: E-Portfolio is a powerful tool for demonstrating evidence of learning and achievements in graduate research. The purpose of this paper is to examine the concept, structure and functions of e-Portfolio in graduate research and discuss the significance of the role of e-Portfolio in enhancing the quality of graduate research students and…

  17. Learning Portfolio Models in Health Regulatory Colleges of Ontario, Canada

    ERIC Educational Resources Information Center

    Tompkins, Marianne; Paquette-Frenette, Denise

    2010-01-01

    Introduction: Health regulatory colleges promote continued competence by requiring members to submit yearly portfolios that document learning. Previous studies conclude that portfolios can be valuable tools to promote continuous learning in health college members, but portfolios are time-consuming to complete and difficult to evaluate. This…

  18. 12 CFR 34.62 - Real estate lending standards.

    Code of Federal Regulations, 2010 CFR

    2010-01-01

    ... size of the institution and the nature and scope of its operations; and (iii) Be reviewed and approved... portfolio diversification standards; (ii) Prudent underwriting standards, including loan-to-value...

  19. Portfolio: authentic assessment in the age of the curriculum revolution.

    PubMed

    Wenzel, L S; Briggs, K L; Puryear, B L

    1998-05-01

    This article provides an extensive review of the literature on portfolio use in education. There is a gap in the literature related to portfolio use in nursing education. Portfolios are one method of authentic assessment, showing evidence of student growth and achievement over time. Development of the student portfolio promotes collaboration between student and faculty. The Integrated Proficiency-Criterion (IPC) framework is one proposed method for portfolio development and evaluation, using Benner's stages of proficiency and NLN criteria for accreditation of baccalaureate nursing programs.

  20. Supporting Preservice Teacher Inquiry with Electronic Portfolios

    ERIC Educational Resources Information Center

    Shepherd, Craig; Hannafin, Michael

    2011-01-01

    Six preservice social studies teachers created electronic portfolios to examine techniques believed to promote active student engagement during a 12-week field experience. Inquiry into these practices was facilitated through embedded tutorials, assignment suggestions, and question prompts based on principles of evidential reasoning. Although…

  1. Using Electronic Portfolios to Make Learning Public

    ERIC Educational Resources Information Center

    Fahey, Kevin; Lawrence, Joshua; Paratore, Jeanne

    2007-01-01

    Electronic portfolio technology can be used in different contexts to create classroom communities in which everyone, not just the teacher, cares about each student's learning. The authors describe how students in an urban middle school, undergraduate teacher preparation program, and graduate leadership program used an electronic bulletin board and…

  2. Laser Disk Portfolios: Total Child Assessment.

    ERIC Educational Resources Information Center

    Campbell, Jo

    1992-01-01

    Assisted by a state grant, teachers and students at a rural Wyoming elementary school are using a laser disc portfolio assessment system. Recognizing that child development requires more than cognitive growth, students, staff, and parents will use the new system to determine children's growth in verbal ability, physical accomplishment, artistic…

  3. Portfolio optimization using median-variance approach

    NASA Astrophysics Data System (ADS)

    Wan Mohd, Wan Rosanisah; Mohamad, Daud; Mohamed, Zulkifli

    2013-04-01

    Optimization models have been applied in many decision-making problems particularly in portfolio selection. Since the introduction of Markowitz's theory of portfolio selection, various approaches based on mathematical programming have been introduced such as mean-variance, mean-absolute deviation, mean-variance-skewness and conditional value-at-risk (CVaR) mainly to maximize return and minimize risk. However most of the approaches assume that the distribution of data is normal and this is not generally true. As an alternative, in this paper, we employ the median-variance approach to improve the portfolio optimization. This approach has successfully catered both types of normal and non-normal distribution of data. With this actual representation, we analyze and compare the rate of return and risk between the mean-variance and the median-variance based portfolio which consist of 30 stocks from Bursa Malaysia. The results in this study show that the median-variance approach is capable to produce a lower risk for each return earning as compared to the mean-variance approach.

  4. Why Do Individuals Use e-Portfolios?

    ERIC Educational Resources Information Center

    Chen, Mu-Yen; Chang, Francis Mou-Te; Chen, Chia-Chen; Huang, Mu-Jung; Chen, Jing-Wen

    2012-01-01

    As the use of Information Technology (IT) applications has become more widespread, focus has turned toward applying IT to the learning domain, with policy initiatives aimed at integrating IT with teaching. E-Portfolios have assumed growing importance in higher education as institutions seek new teaching-learning-assessment tools to increase…

  5. Integrating ePortfolios into Sustainability Education

    ERIC Educational Resources Information Center

    Habron, Geoffrey

    2015-01-01

    Given the importance of applied learning and skills needed in sustainability education, this study sought to explore how electronic portfolios enable students to provide a range of evidence to demonstrate their sustainability learning. Michigan State University developed an undergraduate minor on sustainability that required students to provide…

  6. Portfolio Preparation Tips for Teachers, Part 2

    ERIC Educational Resources Information Center

    Hunter-Lombardi, Brooke

    2009-01-01

    In the August/September 2008 issue of "SchoolArts," the author talked about strategies for helping students develop content and good working habits to support making portfolio-quality pieces. In this article, she offers some tips which focus on the importance of critique, presentation, and selection of images to end up with a polished,…

  7. Noisy covariance matrices and portfolio optimization

    NASA Astrophysics Data System (ADS)

    Pafka, S.; Kondor, I.

    2002-05-01

    According to recent findings [#!bouchaud!#,#!stanley!#], empirical covariance matrices deduced from financial return series contain such a high amount of noise that, apart from a few large eigenvalues and the corresponding eigenvectors, their structure can essentially be regarded as random. In [#!bouchaud!#], e.g., it is reported that about 94% of the spectrum of these matrices can be fitted by that of a random matrix drawn from an appropriately chosen ensemble. In view of the fundamental role of covariance matrices in the theory of portfolio optimization as well as in industry-wide risk management practices, we analyze the possible implications of this effect. Simulation experiments with matrices having a structure such as described in [#!bouchaud!#,#!stanley!#] lead us to the conclusion that in the context of the classical portfolio problem (minimizing the portfolio variance under linear constraints) noise has relatively little effect. To leading order the solutions are determined by the stable, large eigenvalues, and the displacement of the solution (measured in variance) due to noise is rather small: depending on the size of the portfolio and on the length of the time series, it is of the order of 5 to 15%. The picture is completely different, however, if we attempt to minimize the variance under non-linear constraints, like those that arise e.g. in the problem of margin accounts or in international capital adequacy regulation. In these problems the presence of noise leads to a serious instability and a high degree of degeneracy of the solutions.

  8. A Portfolio of Outstanding Contemporary American Indians.

    ERIC Educational Resources Information Center

    Wood, Theodore E. B.

    The portfolio contains 24 portraits with biographical sketches of outstanding contemporary American Indians. Representing several tribes, occupations, and points of view, the subjects are: Henry Adams, Louis W. Ballard, Robert L. Bennett, George Blue Spruce, Jarrett Blythe, Louis R. Bruce, Leon Cook, Ada Deer, Vine Deloria, Jr., James Gladstone,…

  9. Program Evaluation of E-Portfolios

    ERIC Educational Resources Information Center

    Reardon, Robert C.; Hartley, Sarah Lucas

    2007-01-01

    The e-portfolio phenomenon has been likened to a massive technology wave hitting the wide beaches of higher education (Ayala, 2006). A review of the literature suggests that this wave might change the landscape of the beach, washing away existing landmarks and creating a new topography. Moreover, the claims of a beneficial impact on students and…

  10. Hurdling toward Campuswide E-Portfolios

    ERIC Educational Resources Information Center

    Schaffhauser, Dian

    2010-01-01

    Despite resistance from faculty, staff, and students, and the sheer magnitude of the effort from a technological and management point of view, some campuses are shifting electronic portfolios away from department-specific initiatives to become institution-wide programs. The move seems to be driven by institutions wanting to focus more deeply and…

  11. Projected Benefits of EERE's Portfolio - FY 2011

    SciTech Connect

    none,

    2011-11-17

    This collection of data tables and charts shows the benefits metrics related to energy security, environmental impacts, and economic impacts for the entire EERE portfolio of renewable energy technologies. Data are presented for the years 2015, 2020, 2030, and 2050, for both the NEMS and MARKAL models.

  12. Robust Utility Maximization Under Convex Portfolio Constraints

    SciTech Connect

    Matoussi, Anis; Mezghani, Hanen Mnif, Mohamed

    2015-04-15

    We study a robust maximization problem from terminal wealth and consumption under a convex constraints on the portfolio. We state the existence and the uniqueness of the consumption–investment strategy by studying the associated quadratic backward stochastic differential equation. We characterize the optimal control by using the duality method and deriving a dynamic maximum principle.

  13. Portfolio Assessment: Production and Reduction of Complexity

    ERIC Educational Resources Information Center

    Qvortrup, Ane; Keiding, Tina Bering

    2015-01-01

    Over the last two decades, the education system has witnessed a shift from summative, product-oriented assessment towards formative, process-oriented assessment. Among the different learning and assessment initiatives introduced in the slipstream of this paradigmatic turn, the portfolio seems to have become one of the most popular. By redescribing…

  14. Fostering Integrative Knowledge through ePortfolios

    ERIC Educational Resources Information Center

    Peet, Melissa; Lonn, Steven; Gurin, Patricia; Boyer, K. Page; Matney, Malinda; Marra, Tiffany; Taylor, Simone Himbeault; Daley, Andrea

    2011-01-01

    This paper presents results from a study which tested the validity of a conceptual model which proposes six dimensions of integrative knowledge and learning that result from students engaging in the core activities associated with the Integrative Knowledge Portfolio Process and Generative Knowledge Interviewing. These methods facilitate learning…

  15. Using Portfolios in Instruction and Assessment.

    ERIC Educational Resources Information Center

    Arter, Judith A.

    The state of the art in using student portfolios in the schools is summarized, based on an annotated bibliography of over 50 articles produced by the Northwest Regional Educational Laboratory (NREL). This set of materials is an addendum to a previously developed workshop series designed to assist educators in developing their own…

  16. Self-Advocacy Skills: A Portfolio Approach.

    ERIC Educational Resources Information Center

    Krebs, Cathryn S.

    2002-01-01

    This article describes how an educator used a portfolio approach to teach self-advocacy skills to four middle school students with visual impairments. Students wrote about their visual impairment and learning needs, compiled lists of specific words and definitions related to their individual impairments, and wrote letters to their ninth-grade…

  17. Balancing the Dual Functions of Portfolio Assessment

    ERIC Educational Resources Information Center

    Lam, Ricky; Lee, Icy

    2010-01-01

    While research on portfolio assessment (PA) has focused largely on the summative aspects of writing assessment, not much has been done to find out its formative potential. Drawing upon student questionnaires and student and teacher interview data, this paper aims to explore the formative functions of PA and, specifically, how the formative…

  18. Assessment of portfolios in professional education.

    PubMed

    Williams, Mriga

    Student-centred methods are increasingly being used to carry out learning, teaching and assessment activities in professional education. These methods underpin current curriculum design, and evidence suggests that they have been successful in reducing the perceived theory-practice gap and making professionals fit for practice in the chosen discipline. A portfolio is a common method of assessment in many programmes. A tripartite approach to assessing the portfolio, involving the student and his or her practice supervisor in the assessment process, brings together the assessment of theory and practice, and makes the process even more transparent. The tripartite approach to assessing portfolio is used in the mentorship preparation programme at the author's university, which also prepares the student to become an assessor. Thus the assessment process becomes part of the learning experience and is valued by the tutor, student and practice supervisor. This article describes a small-scale study carried out with a colleague on the use of portfolios as a tool for assessment in a short programme via a tripartite approach involving the practice supervisor, student and tutor.

  19. Portfolios in the Writing Classroom: An Introduction.

    ERIC Educational Resources Information Center

    Yancey, Kathleen Blake, Ed.

    This collection of 10 essays argues that portfolios in the writing classroom are worth exploring and that such exploration opens up new opportunities: new ways to learn to write, to think about teaching writing, to understand students, teachers, and curricula, and to describe and report on what is found. The collection makes this argument by…

  20. Enrollment Management as a Portfolio Investment Problem.

    ERIC Educational Resources Information Center

    Martin, Robert E.

    2000-01-01

    Presents an information technology model designed to enable the consideration of enrollment management decisions in a portfolio context. Annual enrollment management decisions represent an important investment in a college's reputation. While the short run imperative to fill each incoming class is important, the long run implications of each…

  1. Planning and Managing the Campus Facilities Portfolio

    ERIC Educational Resources Information Center

    Daigneau, William A., Ed.

    2003-01-01

    The campus and facilities of a college should be managed using the same principles as any other investment in an institution's financial portfolio. Stemming from the APPA/National Association of College & University Business Officers (NACUBO) Institute for Facilities Finance, this book addresses the totality of managing the facilities investment…

  2. Navigating Change with a Flexible Portfolio

    ERIC Educational Resources Information Center

    Tyksinski, Deborah J.

    2009-01-01

    This case study demonstrates how building a flexible portfolio of services allowed a continuing education (CE) unit to thrive during frequent leadership changes. The case is set in a small state college, State Technology Institute at Mohawk (STIM), which experienced nine leadership changes in as many years. The names of the institution and its…

  3. Narrative Practices: Portfolios in Teacher Education.

    ERIC Educational Resources Information Center

    Freidus, Helen

    This paper describes the experiences of student teachers and teacher educators at Bank Street College of Education, New York as they use the portfolio process to construct and reconstruct an educational vision through the telling and writing of stories. After describing the use of narrative research in teacher education, the paper explores the…

  4. A portfolio approach to evaluating natural hazard mitigation policies: An Application to lateral-spread ground failure in Coastal California

    USGS Publications Warehouse

    Bernknopf, R.L.; Dinitz, L.B.; Rabinovici, S.J.M.; Evans, A.M.

    2001-01-01

    In the past, efforts to prevent catastrophic losses from natural hazards have largely been undertaken by individual property owners based on site-specific evaluations of risks to particular buildings. Public efforts to assess community vulnerability and encourage mitigation have focused on either aggregating site-specific estimates or adopting standards based upon broad assumptions about regional risks. This paper develops an alternative, intermediate-scale approach to regional risk assessment and the evaluation of community mitigation policies. Properties are grouped into types with similar land uses and levels of hazard, and hypothetical community mitigation strategies for protecting these properties are modeled like investment portfolios. The portfolios consist of investments in mitigation against the risk to a community posed by a specific natural hazard, and are defined by a community's mitigation budget and the proportion of the budget invested in locations of each type. The usefulness of this approach is demonstrated through an integrated assessment of earthquake-induced lateral-spread ground failure risk in the Watsonville, California area. Data from the magnitude 6.9 Loma Prieta earthquake of 1989 are used to model lateral-spread ground failure susceptibility. Earth science and economic data are combined and analyzed in a Geographic Information System (GIS). The portfolio model is then used to evaluate the benefits of mitigating the risk in different locations. Two mitigation policies, one that prioritizes mitigation by land use type and the other by hazard zone, are compared with a status quo policy of doing no further mitigation beyond that which already exists. The portfolio representing the hazard zone rule yields a higher expected return than the land use portfolio does: However, the hazard zone portfolio experiences a higher standard deviation. Therefore, neither portfolio is clearly preferred. The two mitigation policies both reduce expected losses

  5. Developing Water Resource Security in a Greenhouse Gas Constrained Context - A Case Study in California

    NASA Astrophysics Data System (ADS)

    Tarroja, B.; Aghakouchak, A.; Samuelsen, S.

    2015-12-01

    The onset of drought conditions in regions such as California due to shortfalls in precipitation has brought refreshed attention to the vulnerability of our water supply paradigm to changes in climate patterns. In the face of a changing climate which can exacerbate drought conditions in already dry areas, building resiliency into our water supply infrastructure requires some decoupling of water supply availability from climate behavior through conservation, efficiency, and alternative water supply measures such as desalination and water reuse. The installation of these measures requires varying degrees of direct energy inputs and/or impacts the energy usage of the water supply infrastructure (conveyance, treatment, distribution, wastewater treatment). These impacts have implications for greenhouse gas emissions from direct fuel usage or impacts on the emissions from the electric grid. At the scale that these measures may need to be deployed to secure water supply availability, especially under climate change impacted hydrology, they can potentially pose obstacles for meeting greenhouse gas emissions reduction and renewable utilization goals. Therefore, the portfolio of these measures must be such that detrimental impacts on greenhouse gas emissions are minimized. This study combines climate data with a water reservoir network model and an electric grid dispatch model for the water-energy system of California to evaluate 1) the different pathways and scale of alternative water resource measures needed to secure water supply availability and 2) the impacts of following these pathways on the ability to meet greenhouse gas and renewable utilization goals. It was discovered that depending on the water supply measure portfolio implemented, impacts on greenhouse gas emissions and renewable utilization can either be beneficial or detrimental, and optimizing the portfolio is more important under climate change conditions due to the scale of measures required.

  6. Indirect impacts in Illinois from a renewable portfolio standard

    SciTech Connect

    Ohler, Adrienne M.; Radusewicz, Kristi

    2010-08-15

    Indirect impacts associated with Illinois' RPS include a change in the laws concerning the planning and zoning for wind development, a market for renewable energy credits, and awareness of problems with the transmission grid. (author)

  7. 15. Interior view, greenhouse, from the northwest. The greenhouse interior ...

    Library of Congress Historic Buildings Survey, Historic Engineering Record, Historic Landscapes Survey

    15. Interior view, greenhouse, from the northwest. The greenhouse interior was quite modest, the space between the floor of the lower level and the joists carrying the loft floor is only five-and-one-half feet. - John Bartram House & Garden, Greenhouse, 54th Street & LIndbergh Boulevard, Philadelphia, Philadelphia County, PA

  8. Long-range Ising model for credit portfolios with heterogeneous credit exposures

    NASA Astrophysics Data System (ADS)

    Kato, Kensuke

    2016-11-01

    We propose the finite-size long-range Ising model as a model for heterogeneous credit portfolios held by a financial institution in the view of econophysics. The model expresses the heterogeneity of the default probability and the default correlation by dividing a credit portfolio into multiple sectors characterized by credit rating and industry. The model also expresses the heterogeneity of the credit exposure, which is difficult to evaluate analytically, by applying the replica exchange Monte Carlo method to numerically calculate the loss distribution. To analyze the characteristics of the loss distribution for credit portfolios with heterogeneous credit exposures, we apply this model to various credit portfolios and evaluate credit risk. As a result, we show that the tail of the loss distribution calculated by this model has characteristics that are different from the tail of the loss distribution of the standard models used in credit risk modeling. We also show that there is a possibility of different evaluations of credit risk according to the pattern of heterogeneity.

  9. The use of teaching portfolios to promote excellence and scholarship in nurse education.

    PubMed

    Corry, Margarita; Timmins, Fiona

    2009-11-01

    Achieving excellence in nurse education and demonstrating scholarship in teaching is a challenge for nurse educators who find themselves torn between maintaining high standards in nurse education and their own need for recognition and promotion in an environment that primarily favours research and publications over excellence in teaching. The use of a teaching portfolio is a way to display excellence in nurse education and to provide a public display of teaching scholarship. While not a new concept in nursing education, it has some originality in its application to practising nurse educators. However, the requirement for and guidelines on the development of a portfolio for nurse educators (other than those undertaking educational training) has been little explored. The aim of this paper is to explore the concept of a teaching portfolio as a vehicle to demonstrate excellence and scholarship among seasoned nurse educators. The process of developing a teaching portfolio at one university setting is outlined, so that other teachers are enlightened to the potential benefits of this activity.

  10. Operation GREENHOUSE-1951. Final report

    SciTech Connect

    Berkhouse, L.; Davis, S.E.; Gladeck, F.R.; Hallowell, J.H.; Jones, C.B.

    1983-06-15

    GREENHOUSE was a four-detonation atmospheric nuclear weapon's test series conducted in the Marshall Islands at Enewetak Atoll in April and May 1951. This is a report of DOD personnel in GREENHOUSE with an emphasis on operational radiological safety.

  11. Annual Report: EPAct Complementary Program's Ultra-Deepwater R&D Portfolio and Unconventional Resources R&D Portfolio (30 September 2012)

    SciTech Connect

    none,; Rose, Kelly; Hakala, Alexandra; Guthrie, George

    2012-09-30

    include: (1) improving predictions of fugitive methane and greenhouse gas emissions, (2) predicting the composition and volume of waters produced during shale gas development, (3) predicting subsurface fluid and gas migration, and (4) predicting subsurface phenomena (e.g., geophysical and geomechanical responses) using the application of field measurements and observations. The portfolio is building a general understanding of: (1) spatial variations in reservoir properties that impact risk, (2) wellbore integrity (particularly for pre-existing wellbores), (3) fracture propagation dynamics, (4) groundwater geochemistry and hydrogeology, and (5) air quality. This portfolio and approach is responsive to key Federal-scale initiatives including the Multi-Agency Collaboration on Unconventional Oil and Gas Research.

  12. NOAA's Portfolio of Operational Climate Data Records

    NASA Astrophysics Data System (ADS)

    Newport, B. J.; Cecil, D.; Hutchins, C.; Preston, C.; Stachniewicz, J. S.; Wunder, D.

    2015-12-01

    NOAA's Climate Data Record (CDR) Program was established by the National Centers for Environmental Information (NCEI) (formerly the National Climatic Data Center) in order to develop and implement a robust, sustainable, and scientifically defensible approach to producing and preserving climate records from satellite data. Since its inception in 2009 the CDR Program has transitioned 30 CDRs developed by various research groups to an initial operational state at NCEI. As a result of this transition the CDR dataset, metadata, documentation, and source code are archived by NCEI and accessible to the public, and most of the datasets are being extended by the Principal Investigator with CDR Program support. Consistency is maintained by using a formal change control process, with reprocessing and re-archiving as needed. The current portfolio of operational CDRs includes 15 Atmospheric CDRs, four Oceanic CDRs, four Terrestrial CDRs, and seven Fundamental CDRs. The main features of the portfolio will be presented, along with some potential and emerging uses.

  13. NASA's Astrophysics Education and Public Outreach Portfolio

    NASA Astrophysics Data System (ADS)

    Hasan, Hashima; Smith, D. A.

    2013-01-01

    NASA’s Astrophysics Education and Public Outreach (E/PO) portfolio can be classified into four entities - Astrophysics Science Education and Public Outreach Forum (SEPOF), Program Offices, flight missions, smaller competed opportunities - through which different aspects of the E/PO program is conducted. These work together to produce a unified program, which reaches diverse audiences in the areas of K-12 formal education, higher education, informal education and public outreach. An overview of the portfolio will be presented, together with information on how astronomers can engage in NASA E/PO activities and take the excitement of science conducted by NASA flight missions into their local communities. Recent highlights will be presented as examples of the wide reach of NASA E/PO and its role in inspiring students to undertake scientific careers and enhancing public understanding of science and technology.

  14. Extraversion and risk preference in portfolio theory.

    PubMed

    Vestewig, R E

    1977-11-01

    One hundred seventy-eight male and female undergraduates completed the Eysenck Personality Inventory and indicated their risk preference assessed under the assumptions of Coombs' portfolio theory. Extraverts preferred higher risk significantly more than did introverts, and also showed significantly greater risk preference change as expected value increased. It was suggested that a theoretically defensible selection of both personality variables and a risk assessment model may lead to greater personality-risk predictability.

  15. Technology Alignment and Portfolio Prioritization (TAPP)

    NASA Technical Reports Server (NTRS)

    Funaro, Gregory V.; Alexander, Reginald A.

    2015-01-01

    Technology Alignment and Portfolio Prioritization (TAPP) is a method being developed by the Advanced Concepts Office, at NASA Marshall Space Flight Center. The TAPP method expands on current technology assessment methods by incorporating the technological structure underlying technology development, e.g., organizational structures and resources, institutional policy and strategy, and the factors that motivate technological change. This paper discusses the methods ACO is currently developing to better perform technology assessments while taking into consideration Strategic Alignment, Technology Forecasting, and Long Term Planning.

  16. Portfolio conservation of metapopulations under climate change.

    PubMed

    Anderson, Sean C; Moore, Jonathan W; McClure, Michelle M; Dulvy, Nicholas K; Cooper, Andrew B

    2015-03-01

    Climate change is likely to lead to increasing population variability and extinction risk. Theoretically, greater population diversity should buffer against rising climate variability, and this theory is often invoked as a reason for greater conservation. However, this has rarely been quantified. Here we show how a portfolio approach to managing population diversity can inform metapopulation conservation priorities in a changing world. We develop a salmon metapopulation model in which productivity is driven by spatially distributed thermal tolerance and patterns of short- and long-term climate change. We then implement spatial conservation scenarios that control population carrying capacities and evaluate the metapopulation portfolios as a financial manager might: along axes of conservation risk and return. We show that preserving a diversity of thermal tolerances minimizes risk, given environmental stochasticity, and ensures persistence, given long-term environmental change. When the thermal tolerances of populations are unknown, doubling the number of populations conserved may nearly halve expected metapopulation variability. However, this reduction in variability can come at the expense of long-term persistence if climate change increasingly restricts available habitat, forcing ecological managers to balance society's desire for short-term stability and long-term viability. Our findings suggest the importance of conserving the processes that promote thermal-tolerance diversity, such as genetic diversity, habitat heterogeneity, and natural disturbance regimes, and demonstrate that diverse natural portfolios may be critical for metapopulation conservation in the face of increasing climate variability and change.

  17. Empirical performance of the multivariate normal universal portfolio

    NASA Astrophysics Data System (ADS)

    Tan, Choon Peng; Pang, Sook Theng

    2013-09-01

    Universal portfolios generated by the multivariate normal distribution are studied with emphasis on the case where variables are dependent, namely, the covariance matrix is not diagonal. The moving-order multivariate normal universal portfolio requires very long implementation time and large computer memory in its implementation. With the objective of reducing memory and implementation time, the finite-order universal portfolio is introduced. Some stock-price data sets are selected from the local stock exchange and the finite-order universal portfolio is run on the data sets, for small finite order. Empirically, it is shown that the portfolio can outperform the moving-order Dirichlet universal portfolio of Cover and Ordentlich[2] for certain parameters in the selected data sets.

  18. Introducing E-Portfolios to Pre-Service Teachers as Tools for Reflection and Growth: Lessons Learnt

    ERIC Educational Resources Information Center

    Oakley, Grace; Pegrum, Mark; Johnston, Shannon

    2014-01-01

    E-portfolios are being introduced into initial teacher education programmes internationally to help pre-service teachers build records of their learning journeys and develop into reflective practitioners; to allow them to assemble collections of evidence of their achievements against graduate standards, which can function as digital CVs; and to…

  19. Nursing portfolio study: the use in annual performance reviews.

    PubMed

    Capan, Michelle L; Ambrose, Heather L; Burkett, Marnie; Evangelista, Tonya R; Flook, Donna M; Straka, Kristen L

    2013-01-01

    Professional portfolios allow staff to document their participation in areas of education, certification, shared governance councils, national nursing organizations, and community outreach. In this study, nurses tracked their professional development in a virtual electronic portfolio. A preperception/postperception questionnaire for both staff and unit directors revealed that nursing portfolios proved to be a valuable tool during annual performance reviews to acknowledge accomplishments and encourage continued professional growth of individual direct-care staff nurses. PMID:23877288

  20. The greenhouse trap

    SciTech Connect

    Lyman, F.; Mintzer, I.; Courrier, K.; MacKenzie, J.

    1990-01-01

    This book describes evidence of global warming and the contributions of man's activities to the process. The impacts of greenhouse gases on climate and health are discussed and recommendations are made for mitigation of these effects. Changes in fuel use, expansion of carbon sinks through planting of trees, and personal commitments to energy conservation are among these recommendations. Individual chapters were indexed separately for the data base.

  1. An Introduction to Greenhouse Production. Second Edition.

    ERIC Educational Resources Information Center

    McMahon, Robert W.

    This student manual is presented in its first revision, providing a current, basic text for those preparing for greenhouse and floriculture work. Its fourteen chapters are: Overview of the Greenhouse Industry; Greenhouse Structures; Controlling the Greenhouse Environment; Greenhouse Equipment and Lighting; Greenhouse Irrigation Systems; Root Media…

  2. On the microeconomic problems studied by portfolio theory

    NASA Astrophysics Data System (ADS)

    Nikonov, Oleg; Medvedeva, Marina

    2012-09-01

    In the paper we consider economically motivated problems, which are treated with the help of methods of portfolio theory that goes back to the papers by H. Markowitz [1] and J. Tobin [2]. We show that the portfolio theory initially developed for risky securities (stocks) could be applied to other objects. In the present paper we consider several situations where such an application is reasonable and seems to be fruitful. Namely, we consider the problems of constructing the efficient portfolio of banking services and the portfolio of counteragents of a firm.

  3. Investment portfolio management from cybernetic point of view

    NASA Astrophysics Data System (ADS)

    Marchev, Angel, Jr.; Marchev, Angel

    2013-12-01

    The theory of investment portfolios is a well defined component of financial science. While sound in principle, it faces some setbacks in its real-world implementation. In this paper the authors propose a reformulation of the investment portfolio problem as a cybernetic system where the Investor is the controlling system and the portfolio is the controlled system. Also the portfolio controlling process should be dissected in several ordered phases, so that each phase is represented as a subsystem within the structure of the controlling system Investor.

  4. Baltimore and the Portfolio School District Strategy. Portfolio School Districts Project

    ERIC Educational Resources Information Center

    Yatsko, Sarah

    2012-01-01

    In November 2010, Baltimore's Fund for Education Excellence and the Annie E. Casey Foundation approached the Center on Reinventing Public Education (CRPE) and requested a case study of the implementation of Baltimore City Public Schools' (City Schools) portfolio strategy. These local foundations were interested in understanding how the district…

  5. The Pentagonal E-Portfolio Model for Selecting, Adopting, Building, and Implementing an E-Portfolio

    ERIC Educational Resources Information Center

    Buzzetto-More, Nicole; Alade, Ayodele

    2008-01-01

    Electronic portfolios are a student-centered outcomes-based assessment regime involving learners in the gathering, selection, and organization of artifacts synthesized into a compilation purposed to demonstrate knowledge, skills, and/or achievements supported by reflections that articulate the relevance, credibility, and meaning of the artifacts…

  6. 75 FR 81519 - Confirmation, Portfolio Reconciliation, and Portfolio Compression Requirements for Swap Dealers...

    Federal Register 2010, 2011, 2012, 2013, 2014

    2010-12-28

    ... valuations. Valuation would be defined in proposed Sec. 23.500 as the current market value or net present.... Portfolio compression allows for a reduction in outstanding trade count and outstanding gross notional value by replacing redundant trades with a smaller number of trades and reduced gross notional value....

  7. The 7 Components of a Portfolio Strategy. Portfolio School Districts Project

    ERIC Educational Resources Information Center

    Center on Reinventing Public Education, 2012

    2012-01-01

    The portfolio strategy is a performance management model for districts that aims to create dramatic student achievement gains at scale. It centers on creating more high-quality schools regardless of provider, giving schools autonomy over staff and funding, and holding all schools accountable for performance. This one-pager outlines the seven key…

  8. Curriculum-Referenced Test Development Workshop Series, Addendum to Workshops Two and Three: Using Portfolios in Instruction and Assessment.

    ERIC Educational Resources Information Center

    Arter, Judith A.

    An overview of the state of the art of using portfolios for assessment and instruction (AAI) and an annotated bibliography of articles focusing on portfolios are provided. Using portfolios for AAI has become a popular practice; however, portfolios are not always clearly defined. A working definition of portfolio is provided: a portfolio is a…

  9. The greenhouse gambit

    SciTech Connect

    Dogan, D. . Environmental Information Service)

    1992-01-01

    While forecasts of the economic costs and benefits of ameliorating global warming remain speculative, so, too, are the climate change projections that gird the debate. The consensus among most of the scientific community is that a doubling of atmospheric carbon dioxide is likely to raise the mean global temperature of the Earth 3 to 8 degrees Fahrenheit by 2050. To put this forecast in some perspective, the planet was about 10 degrees cooler during the last Great Ice Age and about 10 degrees warmer dozing the Age of the Dinsosaurs. Accordingly, the warming could bring about dramatic changes in climate. But a prudent investor must be careful not to invest too much in pat assumptions about the greenhouse effect. The climate may have many surprises in store. Indeed, it has surprised climate forecasters already by not warming nearly as fast as their general circulation models have suggested it would. This book examines four industries with the most at stake in the greenhouse debate: agriculture, forest products, automobiles and electric power. All of these industries essentially face two choices: Act now to blunt the possible momentum of climate change, or wait and see if the basic forecast is correct, accommodating any change as it occurs. These choices involve a trade-off between further information-gathering to ensure a proper course of action and implementing a strategy, quickly to its intended effect. Such a trade-off is the essence of risk, the stuff of investing. For the purposes of this book, it defines the greenhouse gambit.''

  10. Developing Portfolios of Water Supply Transfers

    NASA Astrophysics Data System (ADS)

    Characklis, G. W.; Kirsch, B. R.; Ramsey, J.; Dillard, K. E.; Kelley, C. T.

    2005-12-01

    Most cities rely on firm water supply capacity to meet demand, but increasing scarcity and supply costs are encouraging greater use of temporary transfers (e.g., spot leases, options). This raises questions regarding how best to coordinate the use of these transfers in meeting cost and reliability objectives. This work combines a hydrologic-water market simulation with an optimization approach to identify portfolios of permanent rights, options and leases that minimize expected costs of meeting a city's annual demand with a specified reliability. Spot market prices are linked to hydrologic conditions and described by monthly lease price distributions which are used to price options via a risk neutral approach. Monthly choices regarding when and how much water to acquire through temporary transfers are made on the basis of anticipatory decision rules related to the ratio of expected supply-to-expected demand. The simulation is linked with an algorithm that uses an implicit filtering search method designed for solution surfaces that exhibit high frequency, low amplitude noise. This simulation-optimization approach is applied to a region that currently supports an active water market, with results suggesting that the use of temporary transfers can reduce expected water supply costs substantially, while still maintaining high reliability levels. Also evaluated are tradeoffs between expected costs and cost variability that occur with variation in a portfolio's distribution of rights, options and leases. While this work represents firm supply capacity as permanent water rights, a similar approach could be used to develop portfolios integrating options and/or leases with hard supply infrastructure.

  11. Pondering greenhouse policy

    SciTech Connect

    Schneider, S.H. Stanford Univ., CA )

    1993-03-05

    In his article An optimal transition path for controlling greenhouse gases', William D Nordhaus takes a giant methodological step forward. His dynamic integrated climate-economy (DCIE) model couples my and Starley Thompson's globally averaged climate model with economic dynamics in order to evaluate the economic efficiency of different carbon tax scenarios. Nordhaus is one of the few economists who appropriately tries to balance the potential costs of CO[sub 2] emission controls with the external costs of unmitigated climate change - those that would occur in the absence of such controls.

  12. Efficient Portfolios of the Energy Technologies

    NASA Astrophysics Data System (ADS)

    Nikonov, Oleg I.; Medvedeva, Marina A.

    2011-09-01

    The goal of the research is to apply the methods of Portfolio Theory to a set of technologies instead of to a set of securities on a stock market (as it is the case in the original model). Assets on the stock market are objects that have risk and return, parameters that depend on uncertain factors and thus are uncertain. The returns from the use of technologies also depend on uncertain factors and thus each technology has a certain amount of risk. The simultaneous use of technologies could diversify the risks that are associated with technologies just the same way as diversification works on the stock market.

  13. Positioning ePortfolios in an Integrated Curriculum

    ERIC Educational Resources Information Center

    Housego, Simon; Parker, Nicola

    2009-01-01

    Purpose: The purpose of this paper is to discuss the potential and the challenges of successful integration of ePortfolios and graduate attributes into the curriculum. Design/methodology/approach: An argument is presented about the positioning of ePortfolios, and their links to graduate attributes, that draws upon the experiences of working with…

  14. The Role of the Academic Portfolio in Documenting Faculty Development

    ERIC Educational Resources Information Center

    Zipp, Genevieve Pinto; Simpkins, Susan

    2010-01-01

    The academic portfolio provides a means for faculty to organize, present and reflect on their accomplishments in the areas of teaching, scholarship and service. Since the portfolio represents faculty accomplishments in these key areas it may be used to support an application for promotion, tenure or merit reviews. Given this, it is important to…

  15. Assessing General Education Science Courses: A Portfolio Approach

    ERIC Educational Resources Information Center

    Offerdahl, Erika; Impey, Chris

    2012-01-01

    Although the use of portfolios to assess student performance in K-12 science classrooms and to monitor the training of preservice science teachers is increasingly common, their implementation in undergraduate science courses is still limited. The work presented here represents one in-depth example of the integration of portfolio assessment into…

  16. Assessing at the Borderline: Judging a Vocationally Related Portfolio Holistically

    ERIC Educational Resources Information Center

    Johnson, Martin

    2008-01-01

    This study investigated the cognitive strategies that underpin assessors' holistic judgments of a school-based vocationally-related portfolio performance. Using a portfolio already identified as containing borderline qualities, quantitative data were gathered about features that six assessors attended to as they holistically evaluated the…

  17. Using an Online Portfolio Course in Assessing Students' Work

    ERIC Educational Resources Information Center

    Yilmaz, Harun; Cetinkaya, Bulent

    2007-01-01

    New developments and advancements in informational technology bring about several alternative avenues for educators to select in supporting and evaluating their students' learning. Online portfolio is a fairly new technique in this regard. As the online education grows, use of online portfolio becomes more vital for educational programs. At…

  18. Cognitive Representations in Raters' Assessment of Teacher Portfolios

    ERIC Educational Resources Information Center

    van der Schaaf, Marieke; Stokking, Karel; Verloop, Nico

    2005-01-01

    Portfolios are frequently used to assess teachers' competences. In portfolio assessment, the issue of rater reliability is a notorious problem. To improve the quality of assessments insight into raters' judgment processes is crucial. Using a mixed quantitative and qualitative approach we studied cognitive processes underlying raters' judgments and…

  19. Transparency in the ePortfolio Creation Process

    ERIC Educational Resources Information Center

    Jones, Stephanie A.; Downs, Elizabeth; Jenkins, Stephen J.

    2015-01-01

    This paper presents the findings of a study examining the effect of transparency on the ePortfolio creation process. The purpose of the study was to examine whether increased awareness of other students' ePortfolios through the implementation of transparency and peer review would positively affect the quality of performance of school library media…

  20. A Holocaust Exhibit ePortfolio: Actively Engaging Students

    ERIC Educational Resources Information Center

    Jordine, Melissa

    2015-01-01

    California State University, Fresno is currently considering implementing an ePortfolio requirement for all undergraduate students. The ePortfolio requirement would be introduced primarily to engage students in a HIP (high impact practice) but would also be used for assessment purposes. As a faculty member and a member of the CSU Fresno ePortfolio…

  1. Using the Teaching Portfolio to Anticipate Programmatic Assessment

    ERIC Educational Resources Information Center

    Price, Kenneth R.

    2013-01-01

    Portfolios have long been a staple in professional writing courses: both in employment materials assignments and in entire classes that ask students to reflect on their experiential learning. Portfolios may also be used effectively in business communication teaching methods courses. This article details the justification and methodology for having…

  2. Portfolio Assessment on Chemical Reactor Analysis and Process Design Courses

    ERIC Educational Resources Information Center

    Alha, Katariina

    2004-01-01

    Assessment determines what students regard as important: if a teacher wants to change students' learning, he/she should change the methods of assessment. This article describes the use of portfolio assessment on five courses dealing with chemical reactor and process design during the years 1999-2001. Although the use of portfolio was a new…

  3. Transformative Learning through "Teaching with Technology" Electronic Portfolios

    ERIC Educational Resources Information Center

    Stansberry, Susan L.; Kymes, Angel D.

    2007-01-01

    Along with discussion of format and design of electronic portfolios, this article addresses the larger question of what happens to teachers when they invest in creating a professional portfolio. Are they able to transform this experience into more authentic assessment with their own students? Beside acquiring proficiency in using portfolio…

  4. Can Process Portfolios Affect Students' Writing Self-Efficacy?

    ERIC Educational Resources Information Center

    Nicolaidou, Iolie

    2012-01-01

    Can process portfolios that support students in goal setting, reflection, self-evaluation and feedback have a positive impact on students' writing self-efficacy? This article presents the findings of a yearlong study conducted in three 4th grade elementary classes in Cyprus where paper-based and web-based portfolios were implemented to help…

  5. Creation of Electronic Portfolios in an Educational Leadership Cohort

    ERIC Educational Resources Information Center

    Boggan, Matthew K.; Harper, Sallie

    2011-01-01

    According to a study conducted by the American Association of Colleges of Teacher Education (2002), approximately 90% of universities and colleges of education use portfolios regarding student assessment. Forty percent of universities use electronic portfolios in teacher certification programs for licensing. Because of the popular use of…

  6. Introducing the Teaching Portfolio in the University: A Preliminary Investigation.

    ERIC Educational Resources Information Center

    Cosser, Michael

    1996-01-01

    Describes a survey of faculty members at the University of Witwatersrand (South Africa) which investigated the extent of support for use of teaching portfolios, in addition to student evaluations, as a method for evaluating faculty for promotion, and based on responses, development of a profile of portfolio content and procedures for its review.…

  7. The Career Portfolio: A Practical Job Search Tool

    ERIC Educational Resources Information Center

    Woodbury, Denise; Addams, Lon; Neal, William

    2009-01-01

    While resumes and interviews are a part of the typical process of obtaining a job, they are not the only tools that can be used. A career portfolio is a more complete tool. In the portfolio, the applicant includes a resume but adds evidence of abilities, knowledge, skills, and potential. These documents build credibility. A student who is…

  8. Can a Metamorphosis Be Quantified?: Reflecting on Portfolio Assessment

    ERIC Educational Resources Information Center

    Herberg, Erin

    2005-01-01

    This article outlines the experiences of a first-year writing program's adoption of large-scale portfolio assessment as part of its move from student-focused assessment to programmatic assessment. This research is an attempt to provide evidence to support the claims benefits associated with portfolio assessment and to chronicle the changes that…

  9. Electronic Student Assessment: The Power of the Portfolio

    ERIC Educational Resources Information Center

    Villano, Matt

    2006-01-01

    Across the U.S., a growing number of schools are turning to ePortfolio assessment technologies to help them monitor and evaluate student progress in a variety of disciplines--and to help them and their students do even more. Across the board, educators report that their ePortfolio efforts have revolutionized the learning process, and the…

  10. Literacy Portfolios: Looking Closely at Individual Learners. NCTE Reading Initiative.

    ERIC Educational Resources Information Center

    Burke, Carolyn; Crafton, Linda; Egawa, Kathy; Long, Susi; Martens, Prisca; Mills, Heidi; Smith, Karen; Stephens, Diane

    The final result of this inquiry study will be the compilation of a Literacy Portfolio on a targeted reader. The data included within the portfolio will come from strategies and tools teachers were introduced to in Year One of the Reading Initiative and for which teachers gathered data both on themselves and on younger learners. The study revisits…

  11. Measure for Measure: Using Portfolios in K-8 Mathematics.

    ERIC Educational Resources Information Center

    Kuhs, Therese M.

    This book attempts to portray the reality that teachers face when trying to use portfolios. It uses anecdotes and examples that help carry important messages about portfolio use and contains model conversations and interactions. The conversations between teachers and students demonstrate strategies for involving children in the assessment process…

  12. Experimental Studies on Electronic Portfolios in Turkey: A Literature Review

    ERIC Educational Resources Information Center

    Alan, Selahattin; Sünbül, Ali Murat

    2015-01-01

    In this study, a literature review was conducted about an individual's selected efforts, products stored in electronic format, and electronic portfolios that reflect the development and capacity of multimedia systems. In this context, relevant experimental studies performed in Turkey are collected to show e-portfolio application forms, their…

  13. Portfolio Peer Review: A Tool for Program Change.

    ERIC Educational Resources Information Center

    Fleak, Sandra K.; Romine, Jeff; Gilchrist, Neil

    2003-01-01

    To achieve cultural change in a business management/accounting department, annual peer review of faculty portfolios documenting teaching, advising, service, and scholarship was instituted. The process improved the department's alignment with the university's mission. Scholarly productivity quadrupled from 1998-2001. Portfolio assessment had little…

  14. Creating a Career Skills Portfolio. Showcasing Students' Strengths and Abilities.

    ERIC Educational Resources Information Center

    Alberta Dept. of Education, Edmonton. Special Education Branch.

    This document is intended to help students in Alberta identify skills and prepare portfolios highlighting their strengths and abilities and to help education and business leaders work together to develop a student portfolio sample promoting skills for success in education, training and work. The document is divided into two parts. Part I is a…

  15. Fast and Reliable Evaluation of Preservice Teacher Electronic Portfolios

    ERIC Educational Resources Information Center

    Sulzen, James; Young, Michael F.

    2007-01-01

    This study describes a rubric supporting fast and reliable assessment of preservice teacher electronic portfolios. The assessment calls for raters to quickly scan a portfolio to gain an overall impression, then dichotomously score a large number of indicators (e.g., educational philosophy, educational technology use, imaginative use of…

  16. Complex Moving Parts: Assessment Systems and Electronic Portfolios

    ERIC Educational Resources Information Center

    Larkin, Martha J.; Robertson, Royce L.

    2013-01-01

    The largest college within an online university of over 50,000 students invested significant resources in translating a complex assessment system focused on continuous improvement and national accreditation into an effective and efficient electronic portfolio (ePortfolio). The team building the system needed a model to address problems met…

  17. The Effects of Portfolio Assessment on Writing of EFL Students

    ERIC Educational Resources Information Center

    Nezakatgoo, Behzad

    2011-01-01

    The primary focus of this study was to determine the effect of portfolio assessment on final examination scores of EFL students' writing skill. To determine the impact of portfolio-based writing assessment 40 university students who enrolled in composition course were initially selected and divided randomly into two experimental and control…

  18. "Where Are the Children?" Personal Integrity and Reflective Teaching Portfolios

    ERIC Educational Resources Information Center

    Berrill, Deborah P.; Whalen, Catherine

    2007-01-01

    This study chronicles a 2-year school wide portfolio initiative in a British elementary school, teacher resistance to the initiative, and factors that contributed to acceptance of the portfolio initiative. Critical components to teacher engagement in this context included teacher ownership of the process and product, a child-centred focus to the…

  19. A Programmatic View of Portfolios for Urban Teacher Preparation

    ERIC Educational Resources Information Center

    Pugach, Marleen C.; Longwell-Grice, Hope; Ford, Alison; Surma, Maria Andrea

    2008-01-01

    This exploratory study represents an analysis of 15 exit portfolios of students enrolled in a program to prepare teachers for urban schools. Portfolios were analyzed holistically across entries to determine the degree to which students integrated multiple concepts related to teaching in urban schools, including: asset/deficit perspectives,…

  20. Using Portfolios for External Assessment: An Experiment in Portugal

    ERIC Educational Resources Information Center

    Pereira de Eca, Maria Teresa Torres

    2005-01-01

    This article describes some of the conclusions reached from an experiment using portfolios for art external assessment at the end of secondary education (age 17+) conducted in five Portuguese schools in 2001-2003. Several positive outcomes were found. Students found portfolios to be motivating and fostering constructive learning, dialogue and…

  1. E-Portfolios and Digital Identity: Some Issues for Discussion

    ERIC Educational Resources Information Center

    McAlpine, Mhairi

    2005-01-01

    As awarding bodies modernise their procedures and incorporate elements of e-assessment into their qualifications, e-portfolios are emerging as a popular method of allowing candidates to display their abilities. All major United Kingdom awarding bodies now accept evidence from e-portfolio products for at least some of their qualifications. Although…

  2. Contradictions in Portfolio Careers: Work Design and Client Relations

    ERIC Educational Resources Information Center

    Fenwick, Tara J.

    2006-01-01

    Purpose: The paper aims to explore "Portfolio work", an emerging form of flexible self-employment, which has been identified as significant but under-researched. This paper also seeks to explore the challenges and benefits of portfolio work from the perspective of individuals' experiences. Design/methodology/approach: The argument draws from a…

  3. Reshaping Catholic Secondary School Curriculum through Culminating Portfolios

    ERIC Educational Resources Information Center

    Ryan, Mark P.

    2004-01-01

    This study analyzes qualitative data on student perceptions and curriculum transformation from a schoolwide culminating portfolio program of a small, urban, archdiocesan Catholic high school located on the West Coast. Over 4 years, all graduating students (n = 102) developed culminating portfolios, evidencing their accomplishment of specific…

  4. Digital Portfolios: Powerful Marketing Tool for Communications Students

    ERIC Educational Resources Information Center

    Nikirk, Martin

    2008-01-01

    A digital portfolio is a powerful marketing tool for young people searching for employment in the communication or interactive media fields. With a digital portfolio, students can demonstrate their skills at working with software tools, demonstrate appropriate use of materials, explain technical procedures, show an understanding of processes and…

  5. The Doctoral Portfolio: Centerpiece of a Comprehensive System of Evaluation

    ERIC Educational Resources Information Center

    Cobia, Debra C.; Carney, Jamie S.; Buckhalt, Joseph A.; Middleton, Renee A.; Shannon, David M.; Trippany, Robyn; Kunkel, Elizabeth

    2005-01-01

    The authors describe the process used to revise a traditional doctoral student evaluation system from one that consisted of written comprehensive and final oral examinations to one that features portfolio development. Student competence, expected student outcomes in each competency area, procedures for portfolio development, and documents and…

  6. Starting an ePortfolio: A Multi-Disciplinary Approach

    ERIC Educational Resources Information Center

    Zinger, Lana; Sinclair, Alicia

    2014-01-01

    ePortfolio integrates technology with a student's academic course work and have increasingly become an integral part of higher education curriculum. They allow students to showcase their academic work in a fresh way on a digital platform. Traditionally, however, ePortfolio is implemented from a single discipline approach. This project aimed to…

  7. Rethinking the Purposes and Processes for Designing Digital Portfolios

    ERIC Educational Resources Information Center

    Hicks, Troy; Russo, Anne; Autrey, Tara; Gardner, Rebecca; Kabodian, Aram; Edington, Cathy

    2007-01-01

    As digital portfolios become more prevalent in teacher education, the purposes and processes for creating them have become contested. Originally meant to be critical and reflective spaces for learning about multimedia and conceived as contributing to professional growth, research shows that digital portfolios are now increasingly being used to…

  8. Implementing Portfolio Assessment in the Primary Grades: Teachers' Perspectives.

    ERIC Educational Resources Information Center

    Shapley, Kelly S.; Pinto, Marcelo F.

    1997-01-01

    Describes the revised portfolio assessment process implemented for Dallas (Texas) Chapter 1 students and reviews the literature on teacher adjustments to innovations. Describes a study of Dallas teachers' perspectives on the benefits and difficulties they encountered in implementing portfolio assessment in primary grades. Teachers passed through…

  9. Using Digital Photographs to Stimulate a Group Portfolio Learning Journey

    ERIC Educational Resources Information Center

    Meek, Brad; Buckley, Philippa

    2011-01-01

    The use of portfolios in teacher education has grown in popularity over the last decade. Attempts to harness the potential of portfolios as a means to enhance learning and reflection have sometimes led to a complex or document-driven process that appears several steps removed from the act of teaching. In response this paper describes the…

  10. Evaluating the Validity of Portfolio Assessments for Licensure Decisions

    ERIC Educational Resources Information Center

    Wilson, Mark; Hallam, P. J.; Pecheone, Raymond; Moss, Pamela A.

    2014-01-01

    This study examines one part of a validity argument for portfolio assessments of teaching practice used as an indicator of teaching quality to inform a licensure decision. We investigate the relationship among portfolio assessment scores, a test of teacher knowledge (ETS's Praxis I and II), and changes in student achievement (on…

  11. "Exercices de style": Developing Multiple Competencies through a Writing Portfolio

    ERIC Educational Resources Information Center

    Paesani, Kate

    2006-01-01

    This article presents a writing portfolio project whose primary goal is to integrate the development of proficiency skills, content knowledge, and grammatical competence through literary study. Excerpts from Queneau's (1947) "Exercices de style," which tells the same story 99 times, serve as the basis for this portfolio project: These excerpts are…

  12. Prospective Teachers' Perceptions on Different Aspects of Portfolio

    ERIC Educational Resources Information Center

    Ok, Ahmet; Erdogan, Mehmet

    2010-01-01

    This qualitative-case study examined how portfolio and portfolio assessment were perceived by prospective teachers. The participants were 23 prospective teachers from seven different teaching areas from a Turkish university. A semi-structured individual interview was conducted. The interview schedule included 15 open-ended questions. The main…

  13. Portfolio Assessment as an Alternate Appraisal Method: A Faculty Perspective

    ERIC Educational Resources Information Center

    Clements, Kimberly D.; McArdle, Geri; Cole, Ann F.

    2005-01-01

    Performance appraisal continues to be an area of research within Human Resource Development. This case study explores the impact of promotion portfolios upon the performance and professional development of university professors. Specific themes from data analysis indicated that portfolios are viewed as a performance appraisal measure/learning tool…

  14. Stimulating Independent Learning: A Quasi-Experimental Study on Portfolio

    ERIC Educational Resources Information Center

    Meeus, Wil; Van Petegem, Peter; Meijer, Joost

    2008-01-01

    A portfolio model was developed which can serve as an alternative to the literature study with practical processing, the predominant dissertation model used in teacher education courses in Flanders. Using a pre- and post-test quasi-experimental design with 174 teacher students and 44 supervisors, we examined whether the use of portfolio as a…

  15. Idea Bank: Portfolios and Assessment in Music Classes

    ERIC Educational Resources Information Center

    Silveira, Jason M.

    2013-01-01

    A portfolio can document student skills, abilities, growth, achievement, and attitudes. It can also reflect students' learning processes and subsequently guide new teaching strategies. Portfolio proponents have used these arguments to justify the time and organization needed to successfully implement them in their classrooms and in their school…

  16. 2010-11 Research Portfolio: Research & Development Division

    ERIC Educational Resources Information Center

    Educational Testing Service, 2010

    2010-01-01

    This document describes the breadth of the research that the ETS (Educational Testing Service) Research & Development division is conducting in 2010. This portfolio will be updated in early 2011 to reflect changes to existing projects and new projects that were added after this document was completed. The research described in this portfolio falls…

  17. How Professionals View Portfolio Assessment. Literacy Research Report No. 10.

    ERIC Educational Resources Information Center

    Johns, Jerry L.; VanLeirsburg, Peggy

    A study compared results of a 1990 survey of educators to determine growth in knowledge and use of portfolio assessment. The study aimed to report the reactions and feelings of educators who use or may plan portfolios. A total of 173 educators from Illinois enrolled in a literacy workshop sponsored by a midwestern reading association answered a…

  18. Results of a Technical Review of the U.S. Climate Change Technology Program's R&D Portfolio

    SciTech Connect

    Brown, Marilyn A

    2006-07-01

    The U.S. Climate Change Technology Program (CCTP) is a multi-agency planning and coordinating entity, led by the U.S. Department of Energy that aims to accelerate the development and facilitate the adoption of technologies to address climate change. In late 2005, CCTP asked Oak Ridge National Laboratory and Energetics Incorporated to organize and coordinate a review of the CCTP R&D portfolio using structured workshops. Each workshop focused on one of CCTP's six strategic goals: 1.Reduce emissions from energy end-use and infrastructure 2.Reduce emissions from energy supply 3.Capture and sequester carbon dioxide 4.Reduce emissions of non-CO2 greenhouse gases (GHG) 5.Improve capabilities to measure and monitor GHG emissions 6.Bolster basic science contributions to technology development To promote meaningful dialogue while ensuring broad coverage, a group of broadly experienced professionals with expertise in fields relevant to each CCTP goal were asked to participate in the portfolio reviews and associated workshops. A total of 75 experts participated in the workshops; 60 of these participants represented non-Federal organizations. This report summarizes the findings of the workshops and the results of the Delphi assessment of the CCTP R&D portfolio.

  19. The stability of portfolio investment in stock crashes

    NASA Astrophysics Data System (ADS)

    Li, Yun-Xian; Qian, Zhen-Wei; Li, Jiang-Cheng; Tang, Nian-Sheng; Mei, Dong-Cheng

    2016-08-01

    The stability of portfolio investment in stock market crashes with Markowitz portfolio is investigated by the method of theoretical and empirical simulation. From numerical simulation of the mean escape time (MET), we conclude that: (i) The increasing number (Np) of stocks in Markowitz portfolio induces a maximum in the curve of MET versus the initial position; (ii) A critical value of Np in the behavior of MET versus the long-run variance or amplitude of volatility fluctuations maximumlly enhances the stability of portfolio investment. When Np takes value below the critical value, the increasing Np enhances the stability of portfolio investment, but restrains it when Np takes value above the critical value. In addition, a good agreement of both the MET and probability density functions of returns is found between real data and theoretical results.

  20. Vast Portfolio Selection with Gross-exposure Constraints*

    PubMed Central

    Fan, Jianqing; Zhang, Jingjin; Yu, Ke

    2012-01-01

    We introduce the large portfolio selection using gross-exposure constraints. We show that with gross-exposure constraint the empirically selected optimal portfolios based on estimated covariance matrices have similar performance to the theoretical optimal ones and there is no error accumulation effect from estimation of vast covariance matrices. This gives theoretical justification to the empirical results in Jagannathan and Ma (2003). We also show that the no-short-sale portfolio can be improved by allowing some short positions. The applications to portfolio selection, tracking, and improvements are also addressed. The utility of our new approach is illustrated by simulation and empirical studies on the 100 Fama-French industrial portfolios and the 600 stocks randomly selected from Russell 3000. PMID:23293404

  1. Portfolio optimization for index tracking modelling in Malaysia stock market

    NASA Astrophysics Data System (ADS)

    Siew, Lam Weng; Jaaman, Saiful Hafizah; Ismail, Hamizun

    2016-06-01

    Index tracking is an investment strategy in portfolio management which aims to construct an optimal portfolio to generate similar mean return with the stock market index mean return without purchasing all of the stocks that make up the index. The objective of this paper is to construct an optimal portfolio using the optimization model which adopts regression approach in tracking the benchmark stock market index return. In this study, the data consists of weekly price of stocks in Malaysia market index which is FTSE Bursa Malaysia Kuala Lumpur Composite Index from January 2010 until December 2013. The results of this study show that the optimal portfolio is able to track FBMKLCI Index at minimum tracking error of 1.0027% with 0.0290% excess mean return over the mean return of FBMKLCI Index. The significance of this study is to construct the optimal portfolio using optimization model which adopts regression approach in tracking the stock market index without purchasing all index components.

  2. Learning to Select Supplier Portfolios for Service Supply Chain

    PubMed Central

    Zhang, Rui; Li, Jingfei; Wu, Shaoyu; Meng, Dabin

    2016-01-01

    The research on service supply chain has attracted more and more focus from both academia and industrial community. In a service supply chain, the selection of supplier portfolio is an important and difficult problem due to the fact that a supplier portfolio may include multiple suppliers from a variety of fields. To address this problem, we propose a novel supplier portfolio selection method based on a well known machine learning approach, i.e., Ranking Neural Network (RankNet). In the proposed method, we regard the problem of supplier portfolio selection as a ranking problem, which integrates a large scale of decision making features into a ranking neural network. Extensive simulation experiments are conducted, which demonstrate the feasibility and effectiveness of the proposed method. The proposed supplier portfolio selection model can be applied in a real corporation easily in the future. PMID:27195756

  3. Learning to Select Supplier Portfolios for Service Supply Chain.

    PubMed

    Zhang, Rui; Li, Jingfei; Wu, Shaoyu; Meng, Dabin

    2016-01-01

    The research on service supply chain has attracted more and more focus from both academia and industrial community. In a service supply chain, the selection of supplier portfolio is an important and difficult problem due to the fact that a supplier portfolio may include multiple suppliers from a variety of fields. To address this problem, we propose a novel supplier portfolio selection method based on a well known machine learning approach, i.e., Ranking Neural Network (RankNet). In the proposed method, we regard the problem of supplier portfolio selection as a ranking problem, which integrates a large scale of decision making features into a ranking neural network. Extensive simulation experiments are conducted, which demonstrate the feasibility and effectiveness of the proposed method. The proposed supplier portfolio selection model can be applied in a real corporation easily in the future. PMID:27195756

  4. Spin glasses and nonlinear constraints in portfolio optimization

    NASA Astrophysics Data System (ADS)

    Andrecut, M.

    2014-01-01

    We discuss the portfolio optimization problem with the obligatory deposits constraint. Recently it has been shown that as a consequence of this nonlinear constraint, the solution consists of an exponentially large number of optimal portfolios, completely different from each other, and extremely sensitive to any changes in the input parameters of the problem, making the concept of rational decision making questionable. Here we reformulate the problem using a quadratic obligatory deposits constraint, and we show that from the physics point of view, finding an optimal portfolio amounts to calculating the mean-field magnetizations of a random Ising model with the constraint of a constant magnetization norm. We show that the model reduces to an eigenproblem, with 2N solutions, where N is the number of assets defining the portfolio. Also, in order to illustrate our results, we present a detailed numerical example of a portfolio of several risky common stocks traded on the Nasdaq Market.

  5. Writing Portfolios in the Classroom: Policy and Practice, Promise and Peril. Evaluating Writing through Portfolios. Final Report.

    ERIC Educational Resources Information Center

    Calfee, Robert C., Ed.; Perfumo, Pamela, Ed.

    This book presents essays by researchers, practitioners, and policy makers who study the impact of classroom portfolios in the assessment of writing achievement by elementary and middle-grade students. Essays in the book report on a national survey of exemplary projects and presents contributions to a Portfolio Conference held at Stanford…

  6. Student Chemical Engineering Reflective ePortfolios--ChE Student Perceptions of Learning from Reflective ePortfolio Creation

    ERIC Educational Resources Information Center

    Cherrstrom, Catherine A.; Raisor, Cindy; Fowler, Debra

    2015-01-01

    Engineering educators and employers value and prioritize communication skills, but developing and assessing such skills in engineering programs is challenging. Reflective ePortfolios provide opportunities to enhance communication skills. The purpose of this three-­year qualitative case study was to investigate the use of reflective ePortfolios in…

  7. Network versus portfolio structure in financial systems

    NASA Astrophysics Data System (ADS)

    Kobayashi, Teruyoshi

    2013-10-01

    The question of how to stabilize financial systems has attracted considerable attention since the global financial crisis of 2007-2009. Recently, Beale et al. [Proc. Natl. Acad. Sci. USA 108, 12647 (2011)] demonstrated that higher portfolio diversity among banks would reduce systemic risk by decreasing the risk of simultaneous defaults at the expense of a higher likelihood of individual defaults. In practice, however, a bank default has an externality in that it undermines other banks’ balance sheets. This paper explores how each of these different sources of risk, simultaneity risk and externality, contributes to systemic risk. The results show that the allocation of external assets that minimizes systemic risk varies with the topology of the financial network as long as asset returns have negative correlations. In the model, a well-known centrality measure, PageRank, reflects an appropriately defined “infectiveness” of a bank. An important result is that the most infective bank needs not always to be the safest bank. Under certain circumstances, the most infective node should act as a firewall to prevent large-scale collective defaults. The introduction of a counteractive portfolio structure will significantly reduce systemic risk.

  8. Developing portfolios of water supply transfers

    NASA Astrophysics Data System (ADS)

    Characklis, Gregory W.; Kirsch, Brian R.; Ramsey, Jocelyn; Dillard, Karen E. M.; Kelley, C. T.

    2006-05-01

    Most cities rely on firm water supply capacity to meet demand, but increasing scarcity and supply costs are encouraging greater use of temporary transfers (e.g., spot leases, options). This raises questions regarding how best to coordinate the use of these transfers in meeting cost and reliability objectives. This paper combines a hydrologic-water market simulation with an optimization approach to identify portfolios of permanent rights, options, and leases that minimize the expected costs of meeting a city's annual demand with a specified reliability. Spot market prices are linked to hydrologic conditions and described by monthly lease price distributions which are used to price options via a risk-neutral approach. Monthly choices regarding when and how much water to acquire through temporary transfers are made on the basis of anticipatory decision rules related to the ratio of expected supply to expected demand. The simulation is linked with an algorithm that uses an implicit filtering search method designed for solution surfaces that exhibit high-frequency, low-amplitude noise. This simulation-optimization approach is applied to a region that currently supports an active water market, with results suggesting that temporary transfers can reduce expected water supply costs substantially, while still maintaining high reliability. Also evaluated are trade-offs between expected costs and cost variability that occur with variation in a portfolio's distribution of rights, options, and leases.

  9. Application Problem of Biomass Combustion in Greenhouses for Crop Production

    NASA Astrophysics Data System (ADS)

    Kawamura, Atsuhiro; Akisawa, Atsushi; Kashiwagi, Takao

    It is consumed much energy in fossil fuels to production crops in greenhouses in Japan. And fl ue gas as CO2 fertilization is used for growing crops in modern greenhouses. If biomass as renewable energy can use for production vegetables in greenhouses, more than 800,000 kl of energy a year (in crude oil equivalent) will be saved. In this study, at fi rst, we made the biomass combustion equipment, and performed fundamental examination for various pellet fuel. We performed the examination that considered an application to a real greenhouse next. We considered biomass as both a source of energy and CO2 gas for greenhouses, and the following fi ndings were obtained: 1) Based on the standard of CO2 gas fertilization to greenhouses, it is diffi cult to apply biomass as a CO2 fertilizer, so that biomass should be applied to energy use only, at least for the time being. 2) Practical biomass energy machinery for economy, high reliability and greenhouses satisfying the conservatism that it is easy is necessary. 3) It is necessary to develop crop varieties and cultivation systems requiring less strict environmental control. 4) Disposal of combustion ash occurring abundantly, effective practical use is necessary.

  10. φq-field theory for portfolio optimization: “fat tails” and nonlinear correlations

    NASA Astrophysics Data System (ADS)

    Sornette, D.; Simonetti, P.; Andersen, J. V.

    2000-08-01

    Physics and finance are both fundamentally based on the theory of random walks (and their generalizations to higher dimensions) and on the collective behavior of large numbers of correlated variables. The archetype examplifying this situation in finance is the portfolio optimization problem in which one desires to diversify on a set of possibly dependent assets to optimize the return and minimize the risks. The standard mean-variance solution introduced by Markovitz and its subsequent developments is basically a mean-field Gaussian solution. It has severe limitations for practical applications due to the strongly non-Gaussian structure of distributions and the nonlinear dependence between assets. Here, we present in details a general analytical characterization of the distribution of returns for a portfolio constituted of assets whose returns are described by an arbitrary joint multivariate distribution. In this goal, we introduce a non-linear transformation that maps the returns onto Gaussian variables whose covariance matrix provides a new measure of dependence between the non-normal returns, generalizing the covariance matrix into a nonlinear covariance matrix. This nonlinear covariance matrix is chiseled to the specific fat tail structure of the underlying marginal distributions, thus ensuring stability and good conditioning. The portfolio distribution is then obtained as the solution of a mapping to a so-called φq field theory in particle physics, of which we offer an extensive treatment using Feynman diagrammatic techniques and large deviation theory, that we illustrate in details for multivariate Weibull distributions. The interaction (non-mean field) structure in this field theory is a direct consequence of the non-Gaussian nature of the distribution of asset price returns. We find that minimizing the portfolio variance (i.e. the relatively “small” risks) may often increase the large risks, as measured by higher normalized cumulants. Extensive

  11. Mars inflatable greenhouse analog.

    PubMed

    Sadler, Philip D; Giacomelli, Gene A

    2002-01-01

    Light intensities on the Martian surface can possibly support a bioregenerative life support system (BLSS) utilizing natural sunlight for hydroponic crop production, if a suitable controlled environment can be provided. Inflatable clear membrane structures offer low mass, are more easily transported than a rigid structure, and are good candidates for providing a suitable controlled environment for crop production. Cable culture is one hydroponic growing system that can take advantage of the beneficial attributes of the inflatable structure. An analog of a Mars inflatable greenhouse can provide researchers data on issues such as crew time requirements for operation, productivity for BLSS, human factors, and much more at a reasonable cost. This is a description of one such design.

  12. The greenhouse of Titan.

    NASA Technical Reports Server (NTRS)

    Sagan, C.

    1973-01-01

    Analysis of non-gray radiative equilibrium and gray convective equilibrium on Titan suggests that a massive molecular-hydrogen greenhouse effect may be responsible for the disagreement between the observed IR temperatures and the equilibrium temperature of an atmosphereless Titan. Calculations of convection indicate a probable minimum optical depth of 14 which corresponds to a molecular hydrogen shell of substantial thickness with total pressures of about 0.1 bar. It is suggested that there is an equilibrium between outgassing and blow-off on the one hand and accretion from the protons trapped in a hypothetical Saturnian magnetic field on the other, in the present atmosphere of Titan. It is believed that an outgassing equivalent to the volatilization of a few kilometers of subsurface ice is required to maintain the present blow-off rate without compensation for all geological time. The presence of an extensive hydrogen corona around Titan is postulated, with surface temperatures up to 200 K.

  13. Mars inflatable greenhouse analog.

    PubMed

    Sadler, Philip D; Giacomelli, Gene A

    2002-01-01

    Light intensities on the Martian surface can possibly support a bioregenerative life support system (BLSS) utilizing natural sunlight for hydroponic crop production, if a suitable controlled environment can be provided. Inflatable clear membrane structures offer low mass, are more easily transported than a rigid structure, and are good candidates for providing a suitable controlled environment for crop production. Cable culture is one hydroponic growing system that can take advantage of the beneficial attributes of the inflatable structure. An analog of a Mars inflatable greenhouse can provide researchers data on issues such as crew time requirements for operation, productivity for BLSS, human factors, and much more at a reasonable cost. This is a description of one such design. PMID:11987303

  14. Has your greenhouse gone virtual?

    Technology Transfer Automated Retrieval System (TEKTRAN)

    Virtual Grower is a free decision-support software program available from USDA-ARS that allows growers to build a virtual greenhouse. It was initially designed to help greenhouse growers estimate heating costs and conduct simple simulations to figure out where heat savings could be achieved. Featu...

  15. (Solar greenhouse and barn collector)

    SciTech Connect

    Woodward, M.V.

    1981-08-04

    Use of a solar greenhouse and solar collectors to provide heat on a farm is briefly discussed. The greenhouse was used to heat the home, and the solar collectors provided hot water and heat for the barn. About $1500 was saved in oil bills from the previous year. (BCS)

  16. The Bottomless File Box: Electronic Portfolios for Learning and Evaluation Purposes

    ERIC Educational Resources Information Center

    Jarrott, Shannon; Gambrel, Laura Eubanks

    2011-01-01

    Portfolios have been used for the past three decades in higher education for assessment of student competency and also as a reflection tool to assist student learning. Electronic portfolios, or ePortfolios, have additional benefits compared to paper portfolios in that they are easily accessible, portable, and sharable, and they are more…

  17. Consideration Factors and Adoption of Type, Tabulation and Framework for Creating e-Portfolios

    ERIC Educational Resources Information Center

    Chang, Chi-Cheng; Tseng, Kuo-Hung; Yueh, Hsiu-Ping; Lin, Wei-Chien

    2011-01-01

    The purpose of this research is to analyze the content of e-portfolios created by students in order to understand their tabulation and ways of displaying content. The analytic result shows that the number of outcome portfolios created by students is more than that of process portfolios. The five types of e-portfolio tabulation, in order of those…

  18. Development of an Electronic Portfolio System Success Model: An Information Systems Approach

    ERIC Educational Resources Information Center

    Balaban, Igor; Mu, Enrique; Divjak, Blazenka

    2013-01-01

    This research has two main goals: to develop an instrument for assessing Electronic Portfolio (ePortfolio) success and to build a corresponding ePortfolio success model using DeLone and McLean's information systems success model as the theoretical framework. For this purpose, we developed an ePortfolio success measurement instrument and structural…

  19. Challenges in Producing a Portfolio for Assessment: In Search of Underpinning Educational Theories

    ERIC Educational Resources Information Center

    Tisani, Nomathamsanqa

    2008-01-01

    The use of portfolios for assessment is gaining popularity in higher education. Despite acknowledged difficulties and flaws associated with this assessment method, portfolios have advantages over traditional methods. Handbooks on methods of constructing portfolios often emphasise the mechanics of the "process" of building portfolios. However,…

  20. Electronic Portfolios as Living Portals: A Narrative Inquiry into College Student Learning, Identity, and Assessment

    ERIC Educational Resources Information Center

    Nguyen, Celeste Fowles

    2013-01-01

    As universities increasingly utilize electronic portfolios, college students are asked more than ever to create ePortfolios for academics, assessment, or advising. This study shifts an analysis of ePortfolios from prior epistemological approaches, where ePortfolios have been explored as a tool to measure student progress, onto an ontological…

  1. E-Portfolio, a Valuable Job Search Tool for College Students

    ERIC Educational Resources Information Center

    Yu, Ti

    2012-01-01

    Purpose: The purpose of this paper is to find answers to the following questions: How do employers think about e-portfolios? Do employers really see e-portfolios as a suitable hiring tool? Which factors in students' e-portfolios attract potential employers? Can e-portfolios be successfully used by students in their search for a job?…

  2. Fellows' Perceptions of a Mandatory Reflective Electronic Portfolio in a Geriatric Medicine Fellowship Program

    ERIC Educational Resources Information Center

    Ruiz, Jorge G.; Qadri, Syeda S.; Karides, Marina; Castillo, Carmen; Milanez, Marcos; Roos, Bernard A.

    2009-01-01

    Electronic portfolios (ePortfolios) can be useful for evaluating and documenting mastery of competencies. We investigated geriatric medicine fellows' perceptions of an ePortfolio. We conducted surveys and focus groups followed by quantitative and qualitative data analysis. Our study revealed that fellows considered the ePortfolio acceptable and…

  3. Grammar and Student Portfolios; Self-Evaluation and Pride in Learning.

    ERIC Educational Resources Information Center

    Reed, Candi Mascia

    1997-01-01

    Discusses using portfolios to evaluate the writing, vocabulary, and grammar of students with deafness. Describes the steps for student development and assembly of their portfolios for presentation and review. Also highlights student participation in the assessment of the portfolios and the benefits of portfolios. (CR)

  4. Using Facebook-Based e-Portfolio in ESL Writing Classrooms: Impact and Challenges

    ERIC Educational Resources Information Center

    Barrot, Jessie S.

    2016-01-01

    In English as a second language (ESL) writing pedagogy, much attention has been given to electronic portfolio (e-portfolio) assessment via social networking sites. However, little is known about how Facebook can be used as an e-portfolio platform. Hence, this paper describes the impact of Facebook-based e-portfolio on ESL students' writing…

  5. Exploring the Role of Assessment Criteria during Teachers' Collaborative Judgement Processes of Students' Portfolios

    ERIC Educational Resources Information Center

    Van der Schaaf, Marieke; Baartman, Liesbeth; Prins, Frans

    2012-01-01

    Student portfolios are increasingly used for assessing student competences in higher education, but results about the construct validity of portfolio assessment are mixed. A prerequisite for construct validity is that the portfolio assessment is based on relevant portfolio content. Assessment criteria, are often used to enhance this condition.…

  6. Implementation of Portfolio Assessment in a Competency-based Dental Hygiene Program.

    ERIC Educational Resources Information Center

    Gadbury-Amyot, Cynthia C.; Holt, Lorie P.; Overman, Pamela R.; Schmidt, Colleen R.

    2000-01-01

    Describes the implementation of a portfolio assessment program in the dental hygiene program at the University of Missouri School of Dentistry. Tables provide examples of program competencies and related portfolio entries, the complete scoring rubric for portfolios, and the student portfolio evaluation survey. Concludes that although portfolio…

  7. Optimal portfolio design to reduce climate-related conservation uncertainty in the Prairie Pothole Region.

    PubMed

    Ando, Amy W; Mallory, Mindy L

    2012-04-24

    Climate change is likely to alter the spatial distributions of species and habitat types but the nature of such change is uncertain. Thus, climate change makes it difficult to implement standard conservation planning paradigms. Previous work has suggested some approaches to cope with such uncertainty but has not harnessed all of the benefits of risk diversification. We adapt Modern Portfolio Theory (MPT) to optimal spatial targeting of conservation activity, using wetland habitat conservation in the Prairie Pothole Region (PPR) as an example. This approach finds the allocations of conservation activity among subregions of the planning area that maximize the expected conservation returns for a given level of uncertainty or minimize uncertainty for a given expected level of returns. We find that using MPT instead of simple diversification in the PPR can achieve a value of the conservation objective per dollar spent that is 15% higher for the same level of risk. MPT-based portfolios can also have 21% less uncertainty over benefits or 6% greater expected benefits than the current portfolio of PPR conservation. Total benefits from conservation investment are higher if returns are defined in terms of benefit-cost ratios rather than benefits alone. MPT-guided diversification can work to reduce the climate-change-induced uncertainty of future ecosystem-service benefits from many land policy and investment initiatives, especially when outcomes are negatively correlated between subregions of a planning area. PMID:22451914

  8. Optimal portfolio design to reduce climate-related conservation uncertainty in the Prairie Pothole Region.

    PubMed

    Ando, Amy W; Mallory, Mindy L

    2012-04-24

    Climate change is likely to alter the spatial distributions of species and habitat types but the nature of such change is uncertain. Thus, climate change makes it difficult to implement standard conservation planning paradigms. Previous work has suggested some approaches to cope with such uncertainty but has not harnessed all of the benefits of risk diversification. We adapt Modern Portfolio Theory (MPT) to optimal spatial targeting of conservation activity, using wetland habitat conservation in the Prairie Pothole Region (PPR) as an example. This approach finds the allocations of conservation activity among subregions of the planning area that maximize the expected conservation returns for a given level of uncertainty or minimize uncertainty for a given expected level of returns. We find that using MPT instead of simple diversification in the PPR can achieve a value of the conservation objective per dollar spent that is 15% higher for the same level of risk. MPT-based portfolios can also have 21% less uncertainty over benefits or 6% greater expected benefits than the current portfolio of PPR conservation. Total benefits from conservation investment are higher if returns are defined in terms of benefit-cost ratios rather than benefits alone. MPT-guided diversification can work to reduce the climate-change-induced uncertainty of future ecosystem-service benefits from many land policy and investment initiatives, especially when outcomes are negatively correlated between subregions of a planning area.

  9. Use of Solar and Wind as a Physical Hedge against Price Variability within a Generation Portfolio

    SciTech Connect

    Jenkin, T.; Diakov, V.; Drury, E.; Bush, B.; Denholm, P.; Milford, J.; Arent, D.; Margolis, R.; Byrne, R.

    2013-08-01

    This study provides a framework to explore the potential use and incremental value of small- to large-scale penetration of solar and wind technologies as a physical hedge against the risk and uncertainty of electricity cost on multi-year to multi-decade timescales. Earlier studies characterizing the impacts of adding renewable energy (RE) to portfolios of electricity generators often used a levelized cost of energy or simplified net cash flow approach. In this study, we expand on previous work by demonstrating the use of an 8760 hourly production cost model (PLEXOS) to analyze the incremental impact of solar and wind penetration under a wide range of penetration scenarios for a region in the Western U.S. We do not attempt to 'optimize' the portfolio in any of these cases. Rather we consider different RE penetration scenarios, that might for example result from the implementation of a Renewable Portfolio Standard (RPS) to explore the dynamics, risk mitigation characteristics and incremental value that RE might add to the system. We also compare the use of RE to alternative mechanisms, such as the use of financial or physical supply contracts to mitigate risk and uncertainty, including consideration of their effectiveness and availability over a variety of timeframes.

  10. Random matrix theory filters and currency portfolio optimisation

    NASA Astrophysics Data System (ADS)

    Daly, J.; Crane, M.; Ruskin, H. J.

    2010-04-01

    Random matrix theory (RMT) filters have recently been shown to improve the optimisation of financial portfolios. This paper studies the effect of three RMT filters on realised portfolio risk, using bootstrap analysis and out-of-sample testing. We considered the case of a foreign exchange and commodity portfolio, weighted towards foreign exchange, and consisting of 39 assets. This was intended to test the limits of RMT filtering, which is more obviously applicable to portfolios with larger numbers of assets. We considered both equally and exponentially weighted covariance matrices, and observed that, despite the small number of assets involved, RMT filters reduced risk in a way that was consistent with a much larger S&P 500 portfolio. The exponential weightings indicated showed good consistency with the value suggested by Riskmetrics, in contrast to previous results involving stocks. This decay factor, along with the low number of past moves preferred in the filtered, equally weighted case, displayed a trend towards models which were reactive to recent market changes. On testing portfolios with fewer assets, RMT filtering provided less or no overall risk reduction. In particular, no long term out-of-sample risk reduction was observed for a portfolio consisting of 15 major currencies and commodities.

  11. The unintended consequences of portfolios in graduate medical education.

    PubMed

    Nagler, Alisa; Andolsek, Kathryn; Padmore, Jamie S

    2009-11-01

    Portfolios have emerged in graduate medical education despite lack of consensus on their definition, purpose, or usefulness. Portfolios can be used as a tool for residents to record their accomplishments, reflect on their experiences, and gain formative feedback. This exercise may help prepare physicians for lifelong learning as well as enhance patient care. The Accreditation Council for Graduate Medical Education has endorsed and may soon require the use of portfolios as an assessment tool to evaluate resident competence. However, using portfolios for summative evaluation purposes such as making high-stakes decisions on resident promotion or matriculation may deter resident candidness. In addition, the use of portfolios in clinical settings raises issues unique to the health care setting such as patient privacy, disclosure of clinical information, and professional liability exposure of physicians. It is not clear that peer-review statutes that sometimes protect educational materials used in teaching and evaluation of residents would also bar disclosure and/or evidentiary use of portfolio contents. Is the teaching institution, resident, or graduate vulnerable to requests and subpoenas for the portfolio contents? If so, then a resident's documentation of insecurities, suboptimal performance, or bad outcomes would be ripe for discovery in a medical malpractice lawsuit. If embraced too quickly and without sufficient reflection on the nuances of implementation, this well-intentioned initiative may present unintended legal consequences. PMID:19858808

  12. Estimated correlation matrices and portfolio optimization

    NASA Astrophysics Data System (ADS)

    Pafka, Szilárd; Kondor, Imre

    2004-11-01

    Correlations of returns on various assets play a central role in financial theory and also in many practical applications. From a theoretical point of view, the main interest lies in the proper description of the structure and dynamics of correlations, whereas for the practitioner the emphasis is on the ability of the models to provide adequate inputs for the numerous portfolio and risk management procedures used in the financial industry. The theory of portfolios, initiated by Markowitz, has suffered from the “curse of dimensions” from the very outset. Over the past decades a large number of different techniques have been developed to tackle this problem and reduce the effective dimension of large bank portfolios, but the efficiency and reliability of these procedures are extremely hard to assess or compare. In this paper, we propose a model (simulation)-based approach which can be used for the systematical testing of all these dimensional reduction techniques. To illustrate the usefulness of our framework, we develop several toy models that display some of the main characteristic features of empirical correlations and generate artificial time series from them. Then, we regard these time series as empirical data and reconstruct the corresponding correlation matrices which will inevitably contain a certain amount of noise, due to the finiteness of the time series. Next, we apply several correlation matrix estimators and dimension reduction techniques introduced in the literature and/or applied in practice. As in our artificial world the only source of error is the finite length of the time series and, in addition, the “true” model, hence also the “true” correlation matrix, are precisely known, therefore in sharp contrast with empirical studies, we can precisely compare the performance of the various noise reduction techniques. One of our recurrent observations is that the recently introduced filtering technique based on random matrix theory performs

  13. Multiperiod Mean-Variance Portfolio Optimization via Market Cloning

    SciTech Connect

    Ankirchner, Stefan; Dermoune, Azzouz

    2011-08-15

    The problem of finding the mean variance optimal portfolio in a multiperiod model can not be solved directly by means of dynamic programming. In order to find a solution we therefore first introduce independent market clones having the same distributional properties as the original market, and we replace the portfolio mean and variance by their empirical counterparts. We then use dynamic programming to derive portfolios maximizing a weighted sum of the empirical mean and variance. By letting the number of market clones converge to infinity we are able to solve the original mean variance problem.

  14. Applying the partitioned multiobjective risk method (PMRM) to portfolio selection.

    PubMed

    Reyes Santos, Joost; Haimes, Yacov Y

    2004-06-01

    The analysis of risk-return tradeoffs and their practical applications to portfolio analysis paved the way for Modern Portfolio Theory (MPT), which won Harry Markowitz a 1992 Nobel Prize in Economics. A typical approach in measuring a portfolio's expected return is based on the historical returns of the assets included in a portfolio. On the other hand, portfolio risk is usually measured using volatility, which is derived from the historical variance-covariance relationships among the portfolio assets. This article focuses on assessing portfolio risk, with emphasis on extreme risks. To date, volatility is a major measure of risk owing to its simplicity and validity for relatively small asset price fluctuations. Volatility is a justified measure for stable market performance, but it is weak in addressing portfolio risk under aberrant market fluctuations. Extreme market crashes such as that on October 19, 1987 ("Black Monday") and catastrophic events such as the terrorist attack of September 11, 2001 that led to a four-day suspension of trading on the New York Stock Exchange (NYSE) are a few examples where measuring risk via volatility can lead to inaccurate predictions. Thus, there is a need for a more robust metric of risk. By invoking the principles of the extreme-risk-analysis method through the partitioned multiobjective risk method (PMRM), this article contributes to the modeling of extreme risks in portfolio performance. A measure of an extreme portfolio risk, denoted by f(4), is defined as the conditional expectation for a lower-tail region of the distribution of the possible portfolio returns. This article presents a multiobjective problem formulation consisting of optimizing expected return and f(4), whose solution is determined using Evolver-a software that implements a genetic algorithm. Under business-as-usual market scenarios, the results of the proposed PMRM portfolio selection model are found to be compatible with those of the volatility-based model

  15. Applying the partitioned multiobjective risk method (PMRM) to portfolio selection.

    PubMed

    Reyes Santos, Joost; Haimes, Yacov Y

    2004-06-01

    The analysis of risk-return tradeoffs and their practical applications to portfolio analysis paved the way for Modern Portfolio Theory (MPT), which won Harry Markowitz a 1992 Nobel Prize in Economics. A typical approach in measuring a portfolio's expected return is based on the historical returns of the assets included in a portfolio. On the other hand, portfolio risk is usually measured using volatility, which is derived from the historical variance-covariance relationships among the portfolio assets. This article focuses on assessing portfolio risk, with emphasis on extreme risks. To date, volatility is a major measure of risk owing to its simplicity and validity for relatively small asset price fluctuations. Volatility is a justified measure for stable market performance, but it is weak in addressing portfolio risk under aberrant market fluctuations. Extreme market crashes such as that on October 19, 1987 ("Black Monday") and catastrophic events such as the terrorist attack of September 11, 2001 that led to a four-day suspension of trading on the New York Stock Exchange (NYSE) are a few examples where measuring risk via volatility can lead to inaccurate predictions. Thus, there is a need for a more robust metric of risk. By invoking the principles of the extreme-risk-analysis method through the partitioned multiobjective risk method (PMRM), this article contributes to the modeling of extreme risks in portfolio performance. A measure of an extreme portfolio risk, denoted by f(4), is defined as the conditional expectation for a lower-tail region of the distribution of the possible portfolio returns. This article presents a multiobjective problem formulation consisting of optimizing expected return and f(4), whose solution is determined using Evolver-a software that implements a genetic algorithm. Under business-as-usual market scenarios, the results of the proposed PMRM portfolio selection model are found to be compatible with those of the volatility-based model

  16. Dynamic asset trees and portfolio analysis

    NASA Astrophysics Data System (ADS)

    Onnela, J.-P.; Chakraborti, A.; Kaski, K.; Kertiész, J.

    2002-12-01

    The minimum spanning tree, based on the concept of ultrametricity, is constructed from the correlation matrix of stock returns and provides a meaningful economic taxonomy of the stock market. In order to study the dynamics of this asset tree we characterise it by its normalised length and by the mean occupation layer, as measured from an appropriately chosen centre called the `central node'. We show how the tree evolves over time, and how it shrinks strongly, in particular, during a stock market crisis. We then demonstrate that the assets of the optimal Markowitz portfolio lie practically at all times on the outskirts of the tree. We also show that the normalised tree length and the investment diversification potential are very strongly correlated.

  17. Optimal Portfolio Selection Under Concave Price Impact

    SciTech Connect

    Ma Jin; Song Qingshuo; Xu Jing; Zhang Jianfeng

    2013-06-15

    In this paper we study an optimal portfolio selection problem under instantaneous price impact. Based on some empirical analysis in the literature, we model such impact as a concave function of the trading size when the trading size is small. The price impact can be thought of as either a liquidity cost or a transaction cost, but the concavity nature of the cost leads to some fundamental difference from those in the existing literature. We show that the problem can be reduced to an impulse control problem, but without fixed cost, and that the value function is a viscosity solution to a special type of Quasi-Variational Inequality (QVI). We also prove directly (without using the solution to the QVI) that the optimal strategy exists and more importantly, despite the absence of a fixed cost, it is still in a 'piecewise constant' form, reflecting a more practical perspective.

  18. Strategy as a portfolio of real options.

    PubMed

    Luehrman, T A

    1998-01-01

    In financial terms, a business strategy is much more like a series of options than like a single projected cash flow. Executing a strategy almost always involves making a sequence of major decisions. Some actions are taken immediately while others are deliberately deferred so that managers can optimize their choices as circumstances evolve. While executives readily grasp the analogy between strategy and real options, until recently the mechanics of option pricing was so complex that few companies found it practical to use when formulating strategy. But advances in both computing power and our understanding of option pricing over the last 20 years now make it feasible to apply real-options thinking to strategic decision making. To analyze a strategy as a portfolio of related real options, this article exploits a framework presented by the author in "Investment Opportunities as Real Options: Getting Started on the Numbers" (HBR July-August 1998). That article explained how to get from discounted-cash-flow value to option value for a typical project; in other words, it was about reaching a number. This article extends that framework, exploring how, once you've worked out the numbers, you can use option pricing to improve decision making about the sequence and timing of a portfolio of strategic investments. Timothy Luehrman shows executives how to plot their strategies in two-dimensional "option space," giving them a way to "draw" a strategy in terms that are neither wholly strategic nor wholly financial, but some of both. Such pictures inject financial discipline and new insight into how a company's future opportunities can be actively cultivated and harvested.

  19. Greenhouse gas trading starts up

    NASA Astrophysics Data System (ADS)

    Showstack, Randy

    While nations decide on whether to sign on to the Kyoto Protocol on climate change, some countries and private companies are moving forward with greenhouse gas emissions trading.A 19 March report, "The Emerging International Greenhouse Gas Market," by the Pew Center on Global Climate Change, reports that about 65 greenhouse gas emissions trades for quantities above 1,000 metric tons of carbon dioxideequivalent already have occurred worldwide since 1996. Many of these trades have taken place under a voluntary, ad hoc framework, though the United Kingdom and Denmark have established their own domestic emissions trading programs.

  20. (Limiting the greenhouse effect)

    SciTech Connect

    Rayner, S.

    1991-01-07

    Traveler attended the Dahlem Research Conference organized by the Freien Universitat, Berlin. The subject of the conference was Limiting the Greenhouse Effect: Options for Controlling Atmospheric CO{sub 2} Accumulation. Like all Dahlem workshops, this was a meeting of scientific experts, although the disciplines represented were broader than usual, ranging across anthropology, economics, international relations, forestry, engineering, and atmospheric chemistry. Participation by scientists from developing countries was limited. The conference was divided into four multidisciplinary working groups. Traveler acted as moderator for Group 3 which examined the question What knowledge is required to tackle the principal social and institutional barriers to reducing CO{sub 2} emissions'' The working rapporteur was Jesse Ausubel of Rockefeller University. Other working groups examined the economic costs, benefits, and technical feasibility of options to reduce emissions per unit of energy service; the options for reducing energy use per unit of GNP; and the significant of linkage between strategies to reduce CO{sub 2} emissions and other goals. Draft reports of the working groups are appended. Overall, the conference identified a number of important research needs in all four areas. It may prove particularly important in bringing the social and institutional research needs relevant to climate change closer to the forefront of the scientific and policy communities than hitherto.

  1. Chapter 1: Estimating prospective benefits of EERE's portfolio

    SciTech Connect

    None, None

    2009-01-18

    Document summarizes the results of the benefits analysis of EERE’s programs, as described in the FY 2008 Budget Request. EERE estimates benefits for its overall portfolio and nine Research, Development, Demonstration, and Deployment (RD3) programs.

  2. Aircraft technology portfolio optimization using ant colony optimization

    NASA Astrophysics Data System (ADS)

    Villeneuve, Frederic J.; Mavris, Dimitri N.

    2012-11-01

    Technology portfolio selection is a combinatorial optimization problem often faced with a large number of combinations and technology incompatibilities. The main research question addressed in this article is to determine if Ant Colony Optimization (ACO) is better suited than Genetic Algorithms (GAs) and Simulated Annealing (SA) for technology portfolio optimization when incompatibility constraints between technologies are present. Convergence rate, capability to find optima, and efficiency in handling of incompatibilities are the three criteria of comparison. The application problem consists of finding the best technology portfolio from 29 aircraft technologies. The results show that ACO and GAs converge faster and find optima more easily than SA, and that ACO can optimize portfolios with technology incompatibilities without using penalty functions. This latter finding paves the way for more use of ACO when the number of constraints increases, such as in the technology and concept selection for complex engineering systems.

  3. Developing Multimedia Career Portfolios in Australia: Opportunities and Obstacles.

    ERIC Educational Resources Information Center

    Hartnell-Young, Elizabeth

    2001-01-01

    Multimedia career portfolios can be displayed on CD-ROMs, laptops, or the Internet. Developing them provides an opportunity to acquire and demonstrate technology skills. Multimedia presentations reduce information overload and appeal to different communication styles. (Contains 20 references.) (SK)

  4. An artificial bee colony algorithm for uncertain portfolio selection.

    PubMed

    Chen, Wei

    2014-01-01

    Portfolio selection is an important issue for researchers and practitioners. In this paper, under the assumption that security returns are given by experts' evaluations rather than historical data, we discuss the portfolio adjusting problem which takes transaction costs and diversification degree of portfolio into consideration. Uncertain variables are employed to describe the security returns. In the proposed mean-variance-entropy model, the uncertain mean value of the return is used to measure investment return, the uncertain variance of the return is used to measure investment risk, and the entropy is used to measure diversification degree of portfolio. In order to solve the proposed model, a modified artificial bee colony (ABC) algorithm is designed. Finally, a numerical example is given to illustrate the modelling idea and the effectiveness of the proposed algorithm. PMID:25089292

  5. E-Portfolios: A Collaboration between Student Affairs and Faculty

    ERIC Educational Resources Information Center

    Johnson, Glenn; Rayman, Jack R.

    2007-01-01

    This chapter describes how a commitment to instructional design principles has prompted the evolution of collaborative interaction between student affairs professionals and academic faculty. Central to this collaboration are the opportunities that e-portfolios have made available.

  6. Stock Portfolio Structure of Individual Investors Infers Future Trading Behavior

    PubMed Central

    Bohlin, Ludvig; Rosvall, Martin

    2014-01-01

    Although the understanding of and motivation behind individual trading behavior is an important puzzle in finance, little is known about the connection between an investor's portfolio structure and her trading behavior in practice. In this paper, we investigate the relation between what stocks investors hold, and what stocks they buy, and show that investors with similar portfolio structures to a great extent trade in a similar way. With data from the central register of shareholdings in Sweden, we model the market in a similarity network, by considering investors as nodes, connected with links representing portfolio similarity. From the network, we find investor groups that not only identify different investment strategies, but also represent individual investors trading in a similar way. These findings suggest that the stock portfolios of investors hold meaningful information, which could be used to earn a better understanding of stock market dynamics. PMID:25068302

  7. ERRATUM: Chapter 2 - The value of EERE's portfolio

    SciTech Connect

    None, None

    2009-01-18

    Document summarizes the results of the benefits analysis of EERE’s programs, as described in the FY 2008 Budget Request. EERE estimates benefits for its overall portfolio and nine Research, Development, Demonstration, and Deployment (RD3) programs.

  8. American School & University Architectural Portfolio 2000 Awards: Landscape Architecture.

    ERIC Educational Resources Information Center

    American School & University, 2000

    2000-01-01

    Presents photographs and basic information on architectural design, costs, square footage, and principle designers of the award winning school landscaping projects that competed in the American School & University Architectural Portfolio 2000. (GR)

  9. American School & University Architectural Portfolio 2000 Awards; Post-Secondary.

    ERIC Educational Resources Information Center

    American School & University, 2000

    2000-01-01

    Presents photographs and basic information on architectural design, costs, square footage, and principle designers of the award winning postsecondary schools that competed in the American School & University Architectural Portfolio 2000. (GR)

  10. American School & University Architectural Portfolio 2000 Awards: Specialized Facilities.

    ERIC Educational Resources Information Center

    American School & University, 2000

    2000-01-01

    Presents photographs and basic information on architectural design, costs, square footage, and principle designers of the award winning specialized educational facilities that competed in the American School & University Architectural Portfolio 2000. (GR)

  11. An artificial bee colony algorithm for uncertain portfolio selection.

    PubMed

    Chen, Wei

    2014-01-01

    Portfolio selection is an important issue for researchers and practitioners. In this paper, under the assumption that security returns are given by experts' evaluations rather than historical data, we discuss the portfolio adjusting problem which takes transaction costs and diversification degree of portfolio into consideration. Uncertain variables are employed to describe the security returns. In the proposed mean-variance-entropy model, the uncertain mean value of the return is used to measure investment return, the uncertain variance of the return is used to measure investment risk, and the entropy is used to measure diversification degree of portfolio. In order to solve the proposed model, a modified artificial bee colony (ABC) algorithm is designed. Finally, a numerical example is given to illustrate the modelling idea and the effectiveness of the proposed algorithm.

  12. Developing a framework for energy technology portfolio selection

    NASA Astrophysics Data System (ADS)

    Davoudpour, Hamid; Ashrafi, Maryam

    2012-11-01

    Today, the increased consumption of energy in world, in addition to the risk of quick exhaustion of fossil resources, has forced industrial firms and organizations to utilize energy technology portfolio management tools viewed both as a process of diversification of energy sources and optimal use of available energy sources. Furthermore, the rapid development of technologies, their increasing complexity and variety, and market dynamics have made the task of technology portfolio selection difficult. Considering high level of competitiveness, organizations need to strategically allocate their limited resources to the best subset of possible candidates. This paper presents the results of developing a mathematical model for energy technology portfolio selection at a R&D center maximizing support of the organization's strategy and values. The model balances the cost and benefit of the entire portfolio.

  13. On long-only information-based portfolio diversification framework

    NASA Astrophysics Data System (ADS)

    Santos, Raphael A.; Takada, Hellinton H.

    2014-12-01

    Using the concepts from information theory, it is possible to improve the traditional frameworks for long-only asset allocation. In modern portfolio theory, the investor has two basic procedures: the choice of a portfolio that maximizes its risk-adjusted excess return or the mixed allocation between the maximum Sharpe portfolio and the risk-free asset. In the literature, the first procedure was already addressed using information theory. One contribution of this paper is the consideration of the second procedure in the information theory context. The performance of these approaches was compared with three traditional asset allocation methodologies: the Markowitz's mean-variance, the resampled mean-variance and the equally weighted portfolio. Using simulated and real data, the information theory-based methodologies were verified to be more robust when dealing with the estimation errors.

  14. An Artificial Bee Colony Algorithm for Uncertain Portfolio Selection

    PubMed Central

    Chen, Wei

    2014-01-01

    Portfolio selection is an important issue for researchers and practitioners. In this paper, under the assumption that security returns are given by experts' evaluations rather than historical data, we discuss the portfolio adjusting problem which takes transaction costs and diversification degree of portfolio into consideration. Uncertain variables are employed to describe the security returns. In the proposed mean-variance-entropy model, the uncertain mean value of the return is used to measure investment return, the uncertain variance of the return is used to measure investment risk, and the entropy is used to measure diversification degree of portfolio. In order to solve the proposed model, a modified artificial bee colony (ABC) algorithm is designed. Finally, a numerical example is given to illustrate the modelling idea and the effectiveness of the proposed algorithm. PMID:25089292

  15. A portfolio evaluation framework for air transportation improvement projects

    NASA Astrophysics Data System (ADS)

    Baik, Hyeoncheol

    This thesis explores the application of portfolio theory to the Air Transportation System (ATS) improvement. The ATS relies on complexly related resources and different stakeholder groups. Moreover, demand for air travel is significantly increasing relative to capacity of air transportation. In this environment, improving the ATS is challenging. Many projects, which are defined as technologies or initiatives, for improvement have been proposed and some have been demonstrated in practice. However, there is no clear understanding of how well these projects work in different conditions nor of how they interact with each other or with existing systems. These limitations make it difficult to develop good project combinations, or portfolios that maximize improvement. To help address this gap, a framework for identifying good portfolios is proposed. The framework can be applied to individual projects or portfolios of projects. Projects or portfolios are evaluated using four different groups of factors (effectiveness, time-to-implement, scope of applicability, and stakeholder impacts). Portfolios are also evaluated in terms of interaction-determining factors (prerequisites, co-requisites, limiting factors, and amplifying factors) because, while a given project might work well in isolation, interdependencies between projects or with existing systems could result in lower overall performance in combination. Ways to communicate a portfolio to decision makers are also introduced. The framework is unique because (1) it allows using a variety of available data, and (2) it covers diverse benefit metrics. For demonstrating the framework, an application to ground delay management projects serves as a case study. The portfolio evaluation approach introduced in this thesis can aid decision makers and researchers at universities and aviation agencies such as Federal Aviation Administration (FAA), National Aeronautics and Space Administration (NASA), and Department of Defense (DoD), in

  16. Overview of global greenhouse effects

    SciTech Connect

    Reck, R.A.

    1993-09-01

    This report reviews the factors that influence the evolution of climate and climate change. Recent studies have confirmed that CO{sub 2}, O{sub 3}, N{sub 2}O, CH{sub 4}, and chlorofluorocarbos are increasing in abundance in the atmosphere and can alter the radiation balance by means of the so-called greenhouse effect. The greenhouse effect is as well-accepted phenomenon, but the prediction of its consequences is much less certain. Attempts to detect a human-caused temperature change are still inconclusive. This report presents a discussion of the scientific basis for the greenhouse effect, its relationship to the abundances of greenhouse gases, and the evidence confirming the increases in the abundances. The basis for climate modeling is presented together with an example of the model outputs from one of the most sophisticated modeling efforts. Uncertainties in the present understanding of climate are outlined.

  17. The Application of Portfolios to Assess Progress in Writing of EFL Students at Secondary Schools in Banda Aceh

    ERIC Educational Resources Information Center

    Eridafithri

    2015-01-01

    Portfolios are one of the alternatives that can be used for writing assessment. Portfolios are not common in the curriculum. The lack of dissemination to language teachers have made portfolios disregarded. In order to encourage teachers to use portfolios for assessment of writing, they need to have adequate information about portfolios, how they…

  18. Successful healthcare programs and projects: organization portfolio management essentials.

    PubMed

    Pickens, Scott; Solak, Jamie

    2005-01-01

    Many healthcare organization projects take more time and resources than planned and fail to deliver desired business outcomes. Healthcare IT is a major component of many projects and often undeservedly receives the blame for failure. Poor results are often not a result of faulty healthcare IT or poor project management or poor project execution alone. Many projects fail because of poor portfolio management--poor planning and management of the portfolio of initiatives designed to meet an organization's strategic goals. Because resources are limited, portfolio management enables organizations to more strategically allocate and manage their resources so care delivery, service delivery, and initiatives that advance organizations toward their strategic goals, including healthcare IT initiatives, can be accomplished at the levels of quality and service desired by an organization. Proper portfolio management is the essential foundation for program and project success and supports overall organization success. Without portfolio management, even programs and projects that execute flawlessly may not meet desired objectives. This article discusses the essential requirements for porfolio management. These include opportunity identification, return on investment (ROI) forecast, project prioritization, capacity planning (inclusive of human, financial, capital, and facilities resources), work scheduling, program and project management and execution, and project performance and value assessment. Portfolio management is essential to successful healthcare project execution. Theories are drawn from the Organizational Project Management Maturity Model (OPM3) work of the Project Management Institute and other leading strategy, planning, and organization change management research institutes.

  19. The electricity portfolio simulation model (EPSim) technical description.

    SciTech Connect

    Drennen, Thomas E.; Klotz, Richard (Hobart and William Smith Colleges, Geneva, NY)

    2005-09-01

    Stakeholders often have competing interests when selecting or planning new power plants. The purpose of developing this preliminary Electricity Portfolio Simulation Model (EPSim) is to provide a first cut, dynamic methodology and approach to this problem, that can subsequently be refined and validated, that may help energy planners, policy makers, and energy students better understand the tradeoffs associated with competing electricity portfolios. EPSim allows the user to explore competing electricity portfolios annually from 2002 to 2025 in terms of five different criteria: cost, environmental impacts, energy dependence, health and safety, and sustainability. Four additional criteria (infrastructure vulnerability, service limitations, policy needs and science and technology needs) may be added in future versions of the model. Using an analytic hierarchy process (AHP) approach, users or groups of users apply weights to each of the criteria. The default energy assumptions of the model mimic Department of Energy's (DOE) electricity portfolio to 2025 (EIA, 2005). At any time, the user can compare alternative portfolios to this reference case portfolio.

  20. Successful healthcare programs and projects: organization portfolio management essentials.

    PubMed

    Pickens, Scott; Solak, Jamie

    2005-01-01

    Many healthcare organization projects take more time and resources than planned and fail to deliver desired business outcomes. Healthcare IT is a major component of many projects and often undeservedly receives the blame for failure. Poor results are often not a result of faulty healthcare IT or poor project management or poor project execution alone. Many projects fail because of poor portfolio management--poor planning and management of the portfolio of initiatives designed to meet an organization's strategic goals. Because resources are limited, portfolio management enables organizations to more strategically allocate and manage their resources so care delivery, service delivery, and initiatives that advance organizations toward their strategic goals, including healthcare IT initiatives, can be accomplished at the levels of quality and service desired by an organization. Proper portfolio management is the essential foundation for program and project success and supports overall organization success. Without portfolio management, even programs and projects that execute flawlessly may not meet desired objectives. This article discusses the essential requirements for porfolio management. These include opportunity identification, return on investment (ROI) forecast, project prioritization, capacity planning (inclusive of human, financial, capital, and facilities resources), work scheduling, program and project management and execution, and project performance and value assessment. Portfolio management is essential to successful healthcare project execution. Theories are drawn from the Organizational Project Management Maturity Model (OPM3) work of the Project Management Institute and other leading strategy, planning, and organization change management research institutes. PMID:15682672

  1. Wavelet evolutionary network for complex-constrained portfolio rebalancing

    NASA Astrophysics Data System (ADS)

    Suganya, N. C.; Vijayalakshmi Pai, G. A.

    2012-07-01

    Portfolio rebalancing problem deals with resetting the proportion of different assets in a portfolio with respect to changing market conditions. The constraints included in the portfolio rebalancing problem are basic, cardinality, bounding, class and proportional transaction cost. In this study, a new heuristic algorithm named wavelet evolutionary network (WEN) is proposed for the solution of complex-constrained portfolio rebalancing problem. Initially, the empirical covariance matrix, one of the key inputs to the problem, is estimated using the wavelet shrinkage denoising technique to obtain better optimal portfolios. Secondly, the complex cardinality constraint is eliminated using k-means cluster analysis. Finally, WEN strategy with logical procedures is employed to find the initial proportion of investment in portfolio of assets and also rebalance them after certain period. Experimental studies of WEN are undertaken on Bombay Stock Exchange, India (BSE200 index, period: July 2001-July 2006) and Tokyo Stock Exchange, Japan (Nikkei225 index, period: March 2002-March 2007) data sets. The result obtained using WEN is compared with the only existing counterpart named Hopfield evolutionary network (HEN) strategy and also verifies that WEN performs better than HEN. In addition, different performance metrics and data envelopment analysis are carried out to prove the robustness and efficiency of WEN over HEN strategy.

  2. Designing ePortfolio 2.0: Integrating and Coordinating Web 2.0 Services with ePortfolio Systems for Enhancing Users' Learning

    ERIC Educational Resources Information Center

    Zhang, Sonya Xuesong; Olfman, Lorne; Ractham, Peter

    2007-01-01

    An educational ePortfolio usually contains work that a student has collected, reflected, designed, and published to demonstrate personal learning and growth over time. However, previous studies have shown that traditional ePortfolio systems lack flexibility, peer review, and group collaboration. Without these features, ePortfolios do not have the…

  3. Geothermal greenhouses in Kyushu, Japan

    SciTech Connect

    Lienau, P.J.

    1996-05-01

    The New Energy Foundation (NEF) invited two members of the Geo-Heat Center staff of Tokyo to present two workshops on the direct uses of geothermal energy in the United States. Prior to the meetings, a field trip was arranged by NEF to visit geothermal power plants and direct use sites on Kyushu. Seven areas were toured on February 27 and 28th, including the Sensui Rose Garden greenhouse, a demonstration greenhouse at the Hatchobaru power station and the Kokonoe Bio Center.

  4. Greenhouses and their humanizing synergies

    NASA Astrophysics Data System (ADS)

    Haeuplik-Meusburger, Sandra; Paterson, Carrie; Schubert, Daniel; Zabel, Paul

    2014-03-01

    Greenhouses in space will require advanced technical systems of automatic watering, soil-less cultivation, artificial lighting, and computerized observation of plants. Functions discussed for plants in space habitats include physical/health requirements and human psychology, social cohesion, as well as the complex sensorial benefits of plants for humans. The authors consider the role of plants in long-term space missions historically since 1971 (Salyut 1) and propose a set of priorities to be considered within the design requirements for greenhouses and constructed environments given a range of benefits associated with plant-human relationships. They cite recent research into the use of greenhouses in extreme environments to reveal the relative importance of greenhouses for people living in isolated locations. Additionally, they put forward hypotheses about where greenhouses might factor into several strata of human health. In a recent design-in-use study of astronauts' experiences in space habitats discussed in Architecture for Astronauts (Springer Press 2011) it was found that besides the basic advantages for life support there are clearly additional "side benefits" for habitability and physical wellbeing, and thus long-term mission success. The authors have composed several key theses regarding the need to promote plant-human relationships in space, including areas where synergy and symbiosis occur. They cite new comprehensive research into the early US Space Program to reveal where programmatic requirements could be added to space architecture to increase the less quantifiable benefits to astronauts of art, recreation, and poetic engagement with their existential condition of estrangement from the planet. Specifically in terms of the technological requirements, the authors propose the integration of a new greenhouse subsystem component into space greenhouses—the Mobile Plant Cultivation Subsystem—a portable, personal greenhouse that can be integrated

  5. Greenhouse Earth: A Traveling Exhibition

    SciTech Connect

    Booth, W.H.; Caesar, S.

    1992-09-01

    The Franklin Institute Science Museum provided an exhibit entitled the Greenhouse Earth: A Traveling Exhibition. This 3500 square-foot exhibit on global climate change was developed in collaboration with the Association of Science-Technology Centers. The exhibit opened at The Franklin Institute on February 14, 1992, welcoming 291,000 visitors over its three-month stay. During its three-year tour, Greenhouse Earth will travel to ten US cities, reaching two million visitors. Greenhouse Earth aims to deepen public understanding of the scientific issues of global warming and the conservation measures that can be taken to slow its effects. The exhibit features hands-on exhibitry, interactive computer programs and videos, a theater production, a demonstration cart,'' guided tours, and lectures. supplemental educational programs at the Institute included a teachers preview, a symposium on climate change, and a satellite field trip.'' The development of Greenhouse Earth included front-end and formative evaluation procedures. Evaluation includes interviews with visitors, prototypes, and summative surveys for participating museums. During its stay in Philadelphia, Greenhouse Earth was covered by the local and national press, with reviews in print and broadcast media. Greenhouse Earth is the first large-scale museum exhibit to address global climate change.

  6. Frost-free greenhouse: design and operation considrations for commercial and community management

    SciTech Connect

    Not Available

    1982-03-01

    The following design topics are discussed: a frost-free greenhouse from a kit greenhouse, solving the energy problem, the greenhouse envelope, frost-free thermal analysis, no-cost energy conservation measures, standard insulating materials and techniques, thermal mass, ventilation and cooling systems, heat retention blankets for night insulation, and warm-air destratification. The following operation topics are included: inside the frost-free greenhouse, cost consideration, vegetable crops, ornamental crops, cut flowers, environment and layout, solar specific horticulture, potted plants, pest assault, suppliers of predators and parasites, case studies, and bibliographies. (MHR)

  7. [Development of a portfolio for competency-based assessment in a clinical clerkship curriculum].

    PubMed

    Roh, HyeRin; Lee, Jong-Tae; Yoon, Yoo Sang; Rhee, Byoung Doo

    2015-12-01

    The purpose of this report was to describe our experience in planning and developing a portfolio for a clinical clerkship curriculum. We have developed a portfolio for assessing student competency since 2007. During an annual workshop on clinical clerkship curricula, clerkship directors from five Paik hospitals of Inje University met to improve the assessment of the portfolio. We generated templates for students to record their activities and reflection and receive feedback. We uploaded these templates to our school's website for students to download freely. Annually, we have held a faculty development seminar and a workshop for portfolio assessment and feedback. Also, we established an orientation program on how to construct a learning portfolio for students. Future actions include creating a ubiquitous portfolio system, extending the portfolio to the entire curriculum, setting up an advisor system, and managing the quality of the portfolio. This study could be helpful for medical schools that plan to improve their portfolio assessment with an outcome-based approach.

  8. Evaluating options for balancing the water-electricity nexus in California: Part 2--greenhouse gas and renewable energy utilization impacts.

    PubMed

    Tarroja, Brian; AghaKouchak, Amir; Sobhani, Reza; Feldman, David; Jiang, Sunny; Samuelsen, Scott

    2014-11-01

    A study was conducted to compare the technical potential and effectiveness of different water supply options for securing water availability in a large-scale, interconnected water supply system under historical and climate-change augmented inflow and demand conditions. Part 2 of the study focused on determining the greenhouse gas and renewable energy utilization impacts of different pathways to stabilize major surface reservoir levels. Using a detailed electric grid model and taking into account impacts on the operation of the water supply infrastructure, the greenhouse gas emissions and effect on overall grid renewable penetration level was calculated for each water supply option portfolio that successfully secured water availability from Part 1. The effects on the energy signature of water supply infrastructure were found to be just as important as that of the fundamental processes for each option. Under historical (baseline) conditions, many option portfolios were capable of securing surface reservoir levels with a net neutral or negative effect on emissions and a benefit for renewable energy utilization. Under climate change augmented conditions, however, careful selection of the water supply option portfolio was required to prevent imposing major emissions increases for the system. Overall, this analysis provided quantitative insight into the tradeoffs associated with choosing different pathways for securing California's water supply.

  9. Assessing the Relationship between Teacher Performance on Washington State's ProTeach Portfolio and Student Test Performance. CEDR Working Paper. WP #2014-­2

    ERIC Educational Resources Information Center

    Cowan, James; Goldhaber, Dan

    2014-01-01

    As part of Washington State's efforts to ensure and improve the quality of the teacher workforce, the Professional Educator Standards Board (PESB), with assistance from Educational Testing Services (ETS), has recently introduced a new, evidence-based assessment of teachers called the ProTeach Portfolio. The development of ProTeach was mandated by…

  10. Ecuadorian Banana Farms Should Consider Organic Banana with Low Price Risks in Their Land-Use Portfolios

    PubMed Central

    Castro, Luz Maria; Calvas, Baltazar; Knoke, Thomas

    2015-01-01

    Organic farming is a more environmentally friendly form of land use than conventional agriculture. However, recent studies point out production tradeoffs that often prevent the adoption of such practices by farmers. Our study shows with the example of organic banana production in Ecuador that economic tradeoffs depend much on the approach of the analysis. We test, if organic banana should be included in economic land-use portfolios, which indicate how much of the land is provided for which type of land-use. We use time series data for productivity and prices over 30 years to compute the economic return (as annualized net present value) and its volatility (with standard deviation as risk measure) for eight crops to derive land-use portfolios for different levels of risk, which maximize economic return. We find that organic banana is included in land-use portfolios for almost every level of accepted risk with proportions from 1% to maximally 32%, even if the same high uncertainty as for conventional banana is simulated for organic banana. A more realistic, lower simulated price risk increased the proportion of organic banana substantially to up to 57% and increased annual economic returns by up to US$ 187 per ha. Under an assumed integration of both markets, for organic and conventional banana, simulated by an increased coefficient of correlation of economic return from organic and conventional banana (ρ up to +0.7), organic banana holds significant portions in the land-use portfolios tested only, if a low price risk of organic banana is considered. We conclude that uncertainty is a key issue for the adoption of organic banana. As historic data support a low price risk for organic banana compared to conventional banana, Ecuadorian farmers should consider organic banana as an advantageous land-use option in their land-use portfolios. PMID:25799506

  11. Ecuadorian banana farms should consider organic banana with low price risks in their land-use portfolios.

    PubMed

    Castro, Luz Maria; Calvas, Baltazar; Knoke, Thomas

    2015-01-01

    Organic farming is a more environmentally friendly form of land use than conventional agriculture. However, recent studies point out production tradeoffs that often prevent the adoption of such practices by farmers. Our study shows with the example of organic banana production in Ecuador that economic tradeoffs depend much on the approach of the analysis. We test, if organic banana should be included in economic land-use portfolios, which indicate how much of the land is provided for which type of land-use. We use time series data for productivity and prices over 30 years to compute the economic return (as annualized net present value) and its volatility (with standard deviation as risk measure) for eight crops to derive land-use portfolios for different levels of risk, which maximize economic return. We find that organic banana is included in land-use portfolios for almost every level of accepted risk with proportions from 1% to maximally 32%, even if the same high uncertainty as for conventional banana is simulated for organic banana. A more realistic, lower simulated price risk increased the proportion of organic banana substantially to up to 57% and increased annual economic returns by up to US$ 187 per ha. Under an assumed integration of both markets, for organic and conventional banana, simulated by an increased coefficient of correlation of economic return from organic and conventional banana (ρ up to +0.7), organic banana holds significant portions in the land-use portfolios tested only, if a low price risk of organic banana is considered. We conclude that uncertainty is a key issue for the adoption of organic banana. As historic data support a low price risk for organic banana compared to conventional banana, Ecuadorian farmers should consider organic banana as an advantageous land-use option in their land-use portfolios.

  12. Research on regularized mean-variance portfolio selection strategy with modified Roy safety-first principle.

    PubMed

    Atta Mills, Ebenezer Fiifi Emire; Yan, Dawen; Yu, Bo; Wei, Xinyuan

    2016-01-01

    We propose a consolidated risk measure based on variance and the safety-first principle in a mean-risk portfolio optimization framework. The safety-first principle to financial portfolio selection strategy is modified and improved. Our proposed models are subjected to norm regularization to seek near-optimal stable and sparse portfolios. We compare the cumulative wealth of our preferred proposed model to a benchmark, S&P 500 index for the same period. Our proposed portfolio strategies have better out-of-sample performance than the selected alternative portfolio rules in literature and control the downside risk of the portfolio returns. PMID:27386363

  13. The Greenhouse and Anti-Greenhouse Effects on Titan

    NASA Technical Reports Server (NTRS)

    McKay, C. P.; Cuzzi, Jeffrey N. (Technical Monitor)

    1994-01-01

    Titan is the largest moon of Saturn and is the only moon in the solar system with a substantial atmosphere. Its atmosphere is mostly made of nitrogen, with a few percent CH4, 0.1% H2 and an uncertain level of Ar (less than 10%). The surface pressure is 1.5 atms and the surface temperature is 95 K, decreasing to 71 at the tropopause before rising to stratospheric temperatures of 180 K. In pressure and composition Titan's atmosphere is the closest twin to Earth's. The surface of Titan remains unknown, hidden by the thick smog layer, but it may be an ocean of liquid methane and ethane. Titan's atmosphere has a greenhouse effect which is much stronger than the Earth's - 92% of the surface warming is due to greenhouse radiation. However an organic smog layer in the upper atmosphere produces an anti-greenhouse effect that cuts the greenhouse warming in half - removing 35% of the incoming solar radiation. Models suggest that during its formation Titan's atmosphere was heated to high temperatures due to accretional energy. This was followed by a cold Triton-like period which gradually warmed to the present conditions. The coupled greenhouse and haze anti-greenhouse may be relevant to recent suggestions for haze shielding of a CH4 - NH3 early atmosphere on Earth or Mars. When the NASA/ESA mission to the Saturn System, Cassini, launches in a few years it will carry a probe that will be sent to the surface of Titan and show us this world that is strange and yet in many ways similar to our own.

  14. Development of Greenhouse Gas Emissions Model (GEM) for Heavy- & Medium-Duty Vehicle Compliance

    EPA Science Inventory

    A regulatory vehicle simulation program was designed for determining greenhouse gas (GHG) emissions and fuel consumption by estimating the performance of technologies, verifying compliance with the regulatory standards and estimating the overall benefits of the program.

  15. Optimal Investment Under Transaction Costs: A Threshold Rebalanced Portfolio Approach

    NASA Astrophysics Data System (ADS)

    Tunc, Sait; Donmez, Mehmet Ali; Kozat, Suleyman Serdar

    2013-06-01

    We study optimal investment in a financial market having a finite number of assets from a signal processing perspective. We investigate how an investor should distribute capital over these assets and when he should reallocate the distribution of the funds over these assets to maximize the cumulative wealth over any investment period. In particular, we introduce a portfolio selection algorithm that maximizes the expected cumulative wealth in i.i.d. two-asset discrete-time markets where the market levies proportional transaction costs in buying and selling stocks. We achieve this using "threshold rebalanced portfolios", where trading occurs only if the portfolio breaches certain thresholds. Under the assumption that the relative price sequences have log-normal distribution from the Black-Scholes model, we evaluate the expected wealth under proportional transaction costs and find the threshold rebalanced portfolio that achieves the maximal expected cumulative wealth over any investment period. Our derivations can be readily extended to markets having more than two stocks, where these extensions are pointed out in the paper. As predicted from our derivations, we significantly improve the achieved wealth over portfolio selection algorithms from the literature on historical data sets.

  16. Finally, a way to put your Internet portfolio in order.

    PubMed

    Tjan, A K

    2001-02-01

    Eager to capitalize on the Internet's potential, many companies have allowed scores of on-line projects to bubble up throughout their organizations. The result? More harm than good, as companies find themselves confusing customers, aggravating employees, and wasting bushels of money. In this article, consultant Anthony Tjan explains how companies can do better. By adapting classical portfolio strategy to the digital age, executives can coordinate their Internet initiatives to avoid the needless headaches and spending, he says. Much of the market and industry data that underpin traditional portfolio analysis is unavailable for the Internet space, so Tjan replaces the two criteria used in traditional portfolio analysis--market position and industry attractiveness--with business viability and business fit. Viability captures the available quantitative data about an investment's likely payoff. Fit is qualitative; it measures the degree to which an investment dovetails with a company's existing processes, capabilities, and culture. Using viability and fit to assess their online initiatives, companies can then plot these efforts onto a simple matrix, called an Internet portfolio map. Their location on the matrix will suggest whether each initiative should be invested in, redesigned, sold or spun out, or killed. As Tjan notes, the process of organizing and evaluating new investment options against coherent, meaningful criteria isn't new. In the digital era, what is new are the tools you use. Internet portfolio planning is one such tool.

  17. Linear versus quadratic portfolio optimization model with transaction cost

    NASA Astrophysics Data System (ADS)

    Razak, Norhidayah Bt Ab; Kamil, Karmila Hanim; Elias, Siti Masitah

    2014-06-01

    Optimization model is introduced to become one of the decision making tools in investment. Hence, it is always a big challenge for investors to select the best model that could fulfill their goal in investment with respect to risk and return. In this paper we aims to discuss and compare the portfolio allocation and performance generated by quadratic and linear portfolio optimization models namely of Markowitz and Maximin model respectively. The application of these models has been proven to be significant and popular among others. However transaction cost has been debated as one of the important aspects that should be considered for portfolio reallocation as portfolio return could be significantly reduced when transaction cost is taken into consideration. Therefore, recognizing the importance to consider transaction cost value when calculating portfolio' return, we formulate this paper by using data from Shariah compliant securities listed in Bursa Malaysia. It is expected that, results from this paper will effectively justify the advantage of one model to another and shed some lights in quest to find the best decision making tools in investment for individual investors.

  18. Treatment of drainage solution from hydroponic greenhouse production with microalgae.

    PubMed

    Hultberg, Malin; Carlsson, Anders S; Gustafsson, Susanne

    2013-05-01

    This study investigated treatment of the drainage solution from greenhouse production with microalgae, through inoculation with Chlorella vulgaris or through growth of the indigenous microalgal community. A significant reduction in nitrogen, between 34.7 and 73.7 mg L(-1), and particularly in phosphorus concentration, between 15.4 and 15.9 mg L(-1), was observed in drainage solution collected from commercial greenhouse production. The large reduction in nutrients was achieved through growth of the indigenous microalgal community i.e., without pre-treatment of the drainage solution or inoculation with the fast growing green microalgae C. vulgaris. Analysis of the fatty acid composition of the algal biomass revealed that compared with a standard growth medium for green algae, the drainage solution was inferior for lipid production. Despite the biorefinery concept being less promising, microalgae-based treatment of drainage solution from greenhouse production is still of interest considering the urgent need for phosphorus recycling.

  19. Building Technologies Program Multi-Year Program Plan Program Portfolio Management 2008

    SciTech Connect

    None, None

    2008-01-01

    Building Technologies Program Multi-Year Program Plan 2008 for program portfolio management, including the program portfolio management process, program analysis, performance assessment, stakeholder interactions, and cross-cutting issues.

  20. 78 FR 17724 - Ivy Funds Variable Insurance Portfolios, et al.; Notice of Application

    Federal Register 2010, 2011, 2012, 2013, 2014

    2013-03-22

    ... From the Federal Register Online via the Government Publishing Office SECURITIES AND EXCHANGE COMMISSION Ivy Funds Variable Insurance Portfolios, et al.; Notice of Application March 15, 2013 . AGENCY... Variable Insurance Portfolios (the ``Trust''), Waddell & Reed Investment Management Company...

  1. Electronic portfolios in nursing education: a review of the literature.

    PubMed

    Green, Janet; Wyllie, Aileen; Jackson, Debra

    2014-01-01

    As health professionals, nurses are responsible for staying abreast of current professional knowledge and managing their own career, professional growth and development, and ideally, practices to support these activities should start during their student years. Interest in electronic or eportfolios is gathering momentum as educationalists explore their potential as a strategy for fostering lifelong learning and enhancing on-going personal and professional development. In this paper, we present an overview of e-portfolios and their application to nurse education, highlighting potential benefits and considerations of useage. We argue that the e-portfolio can represent an authentic means of assessing cognitive, reflective and affective skills. Furthermore, the e-portfolio provides a means through which nurses can record and provide evidence of skills, achievements, experience, professional development and on-going learning, not only for themselves, but for the information and scrutiny of registration boards, employers, managers and peers.

  2. Application of portfolio theory in decision tree analysis.

    PubMed

    Galligan, D T; Ramberg, C; Curtis, C; Ferguson, J; Fetrow, J

    1991-07-01

    A general application of portfolio analysis for herd decision tree analysis is described. In the herd environment, this methodology offers a means of employing population-based decision strategies that can help the producer control economic variation in expected return from a given set of decision options. An economic decision tree model regarding the use of prostaglandin in dairy cows with undetected estrus was used to determine the expected return of the decisions to use prostaglandin and breed on a timed basis, use prostaglandin and then breed on sign of estrus, or breed on signs of estrus. The risk attributes of these decision alternatives were calculated from the decision tree, and portfolio theory was used to find the efficient decision combinations (portfolios with the highest return for a given variance). The resulting combinations of decisions could be used to control return variation.

  3. The teaching portfolio as a professional development tool for anaesthetists.

    PubMed

    Sidhu, N S

    2015-05-01

    A teaching portfolio (TP) is a document containing a factual description of a teacher's teaching strengths and accomplishments, allowing clinicians to display them for examination by others. The primary aim of a TP is to improve quality of teaching by providing a structure for self-reflection, which in turn aids professional development in medical education. Contents typically include a personal statement on teaching, an overview of teaching accomplishments and activities, feedback from colleagues and learners, a reflective component and some examples of teaching material. Electronic portfolios are more portable and flexible compared to paper portfolios. Clinicians gain the most benefit from a TP when it is used as a tool for self-reflection of their teaching practice and not merely as a list of activities and achievements. This article explains why and how anaesthetists might use a TP as a tool for professional development in medical education. PMID:25943606

  4. [Learning Portfolio: A New Strategy in Health Education].

    PubMed

    Cheng, Yi-Chuan; Chen, Ching-Ju; Chang, Yu-Shan; Huang, Li-Chi

    2015-12-01

    Health education is the teaching by healthcare professionals of healthcare-related knowledge and skills to students in order that these students learn to help patients self-manage their disease and maintain health. This article introduces a new strategy in health education known as the learning portfolio and presents the theoretical basis and function of the learning portfolio and the current application of this approach in academic and health education. The learning portfolio is a learner-centric approach that collects evidence related to an individual's learning process systematically. This approach helps educators understand learner needs and conditions, while allowing the learner to observe his / her learning process in a manner that promotes self-reflection, continual inspection, and behavioral modification throughout the learning process. The results enhance the motivation of learners and strengthen their care confidence in accomplishing learning tasks.

  5. The teaching portfolio as a professional development tool for anaesthetists.

    PubMed

    Sidhu, N S

    2015-05-01

    A teaching portfolio (TP) is a document containing a factual description of a teacher's teaching strengths and accomplishments, allowing clinicians to display them for examination by others. The primary aim of a TP is to improve quality of teaching by providing a structure for self-reflection, which in turn aids professional development in medical education. Contents typically include a personal statement on teaching, an overview of teaching accomplishments and activities, feedback from colleagues and learners, a reflective component and some examples of teaching material. Electronic portfolios are more portable and flexible compared to paper portfolios. Clinicians gain the most benefit from a TP when it is used as a tool for self-reflection of their teaching practice and not merely as a list of activities and achievements. This article explains why and how anaesthetists might use a TP as a tool for professional development in medical education.

  6. [INDENA SPA company's patent portfolio of Ginkgo biloba preparation].

    PubMed

    Wang, Nan; Guo, Kai; Cheng, Xin-min; Liu, Wei

    2015-10-01

    INDENA SPA Company in Italy is a multi-national company that produces and sells plant extracts. Based on its own re- search advantages in the field of Ginkgo biloba preparation, the company protects its own products market effectively through building patent portfolio around the patents of its opponent. Based on the multi-angle analysis for patent portfolio of G. biloba preparation from the aspects of application time, legal status, technical development route, and patent portfolio layout, this article provides technical reference on research and development of G. biloba preparation, and the author suggest that Chinese applicants learn techniques and layout experiences of other patents fully to enhance the level of research and patent protection level. PMID:26975120

  7. Divergent estimation error in portfolio optimization and in linear regression

    NASA Astrophysics Data System (ADS)

    Kondor, I.; Varga-Haszonits, I.

    2008-08-01

    The problem of estimation error in portfolio optimization is discussed, in the limit where the portfolio size N and the sample size T go to infinity such that their ratio is fixed. The estimation error strongly depends on the ratio N/T and diverges for a critical value of this parameter. This divergence is the manifestation of an algorithmic phase transition, it is accompanied by a number of critical phenomena, and displays universality. As the structure of a large number of multidimensional regression and modelling problems is very similar to portfolio optimization, the scope of the above observations extends far beyond finance, and covers a large number of problems in operations research, machine learning, bioinformatics, medical science, economics, and technology.

  8. Contract portfolio optimization for a gasoline supply chain

    NASA Astrophysics Data System (ADS)

    Wang, Shanshan

    Major oil companies sell gasoline through three channels of trade: branded (associated with long-term contracts), unbranded (associated with short-term contracts), and spot market. The branded channel provides them with a long-term secured and sustainable demand source, but requires an inflexible long-term commitment with demand and price risks. The unbranded channel provides a medium level of allocation flexibility. The spot market provides them with the greatest allocation flexibility to the changing market conditions, but the spot market's illiquidity mitigates this benefit. In order to sell the product in a profitable and sustainable way, they need an optimal contract portfolio. This dissertation addresses the contract portfolio optimization problem from different perspectives (retrospective view and forward-looking view) at different levels (strategic level, tactical level and operational level). The objective of the retrospective operational model is to develop a financial case to estimate the business value of having a dynamic optimization model and quantify the opportunity values missed in the past. This model proves the financial significance of the problem and provides top management valuable insights into the business. BP has applied the insights and principles gained from this work and implemented the model to the entire Midwest gasoline supply chain to retrospectively review optimization opportunities. The strategic model is the most parsimonious model that captures the essential economic tradeoffs among different contract types, to demonstrate the need for a contract portfolio and what drives the portfolio. We examine the properties of the optimal contract portfolio and provide a comparative statics analysis by changing the model parameters. As the strategic model encapsulates the business problem at the macroscopic level, the tactical model resolves lower level issues. It considers the time dynamics, the information flow and contracting flow. Using

  9. [INDENA SPA company's patent portfolio of Ginkgo biloba preparation].

    PubMed

    Wang, Nan; Guo, Kai; Cheng, Xin-min; Liu, Wei

    2015-10-01

    INDENA SPA Company in Italy is a multi-national company that produces and sells plant extracts. Based on its own re- search advantages in the field of Ginkgo biloba preparation, the company protects its own products market effectively through building patent portfolio around the patents of its opponent. Based on the multi-angle analysis for patent portfolio of G. biloba preparation from the aspects of application time, legal status, technical development route, and patent portfolio layout, this article provides technical reference on research and development of G. biloba preparation, and the author suggest that Chinese applicants learn techniques and layout experiences of other patents fully to enhance the level of research and patent protection level.

  10. Universal portfolios generated by the Renyi and generalized Kullback-Leibler divergences

    NASA Astrophysics Data System (ADS)

    Tan, Choon Peng; Kuang, Kee Seng

    2015-12-01

    Universal portfolios generated by the Renyi and generalized Kullback-Leibler divergences are derived. The relationship between the functional forms of the two types of universal portfolios is presented. The functional forms are implicit and hence the pseudo versions of the portfolios are useful. The portfolios are run on selected stock-price data sets from the local stock exchange and promising results are obtained.

  11. Multi-objective possibilistic model for portfolio selection with transaction cost

    NASA Astrophysics Data System (ADS)

    Jana, P.; Roy, T. K.; Mazumder, S. K.

    2009-06-01

    In this paper, we introduce the possibilistic mean value and variance of continuous distribution, rather than probability distributions. We propose a multi-objective Portfolio based model and added another entropy objective function to generate a well diversified asset portfolio within optimal asset allocation. For quantifying any potential return and risk, portfolio liquidity is taken into account and a multi-objective non-linear programming model for portfolio rebalancing with transaction cost is proposed. The models are illustrated with numerical examples.

  12. Greenhouse gas exchange over grazed systems

    NASA Astrophysics Data System (ADS)

    Felber, R.; Ammann, C.; Neftel, A.

    2012-04-01

    Grasslands act as sinks and sources of greenhouse gases (GHG) and are, in conjunction with livestock production systems, responsible for a large share of GHG emissions. Whereas ecosystem scale flux measurements (eddy covariance) are commonly used to investigate CO2 exchange (and is becoming state-of-the-art for other GHGs, too), GHG emissions from agricultural animals are usually investigated on the scale of individual animals. Therefore eddy covariance technique has to be tested for combined systems (i.e. grazed systems). Our project investigates the ability of field scale flux measurements to reliably quantify the contribution of grazing dairy cows to the net exchange of CO2 and CH4. To quantify the contribution of the animals to the net flux the position, movement, and grazing/rumination activity of each cow are recorded. In combination with a detailed footprint analysis of the eddy covariance fluxes, the animal related CO2 and CH4 emissions are derived and compared to standard emission values derived from respiration chambers. The aim of the project is to test the assumption whether field scale CO2 flux measurements adequately include the respiration of grazing cows and to identify potential errors in ecosystem Greenhouse gas budgets.

  13. Physics in the Global Greenhouse.

    ERIC Educational Resources Information Center

    Ross, Shelagh

    1991-01-01

    Several ways of exploring the subject of global warming within the context of a conventional physics syllabus are suggested. The physics underlying greenhouse phenomena, the process of modelling (especially computers), possible future climatic scenarios, and the differing nature of the uncertainties associated with the many fields of study that…

  14. Greenhouse Gas Emissions from Pasture

    Technology Transfer Automated Retrieval System (TEKTRAN)

    Carbon dioxide, nitrous oxide, and methane are the primary greenhouse gases associated with global climate change. Livestock production’s contribution to carbon dioxide emissions is minimal, but it is a substantial contributor to both nitrous oxide and methane emissions. In both grazing and confin...

  15. An Introduction to Greenhouse Production.

    ERIC Educational Resources Information Center

    McMahon, Robert W.

    This student manual provides a basic text for those preparing for greenhouse and floriculture work. At the beginning of each chapter, competencies are listed, along with related math and science concepts, and a list of "terms to know"; figures, tables, and photographs may be included. At the end of each chapter, a self-check can be made of the…

  16. [SCHWABE Company's patent portfolio of Ginkgo biloba preparation].

    PubMed

    Liu, Wei; Cheng, Xin-Min; Geng, Dong-Mei; Tan, Wei; Zou, Wen-Jun

    2014-09-01

    SCHWABE Company in German is the first and largest manufacturer of Ginkgo biloba preparation. The company not only has leading technology in this field, but also protects its own market effectively through the high quality of patent drafting and exactly patent layout. Based on multi-angle analysis for patent portfolio of G. biloba preparation at application time, legal status, globally layout, Chinese layout, the article provides technical reference of research and development of G. biloba, also provides valuable experience of traditonal Chinese medicine patent portfolio layout for Chinese enterprises. PMID:25522634

  17. Developing a Template for Electronic Portfolios in Career and Technical Education

    ERIC Educational Resources Information Center

    Fowler, Matthew

    2012-01-01

    The purposes of this multiple case study were to determine if manufacturing and services sector employers found value in the use of an ePortfolio in the hiring process, and to develop a suggested template for an ePortfolio format to be used within career and technical education. Electronic portfolios "allow students to showcase their…

  18. ePortfolios in the Workplace for Human Capital Management: A Multiple Case Study

    ERIC Educational Resources Information Center

    Lievens, Ronald

    2015-01-01

    This study researches whether the ePortfolio is a suitable instrument for human capital management in the business environment. The implementation of ePortfolio systems in five different organizations is analyzed. It considers whether ePortfolio implementations were successful, and relevant critical success factors were identified. For the latter…

  19. A Study of the Effects of Goal Orientation on the Reflective Ability of Electronic Portfolio Users

    ERIC Educational Resources Information Center

    Cheng, Gary; Chau, Juliana

    2013-01-01

    This paper explores and discusses the effects of different goal orientations on students' reflective ability as demonstrated in their electronic portfolios (ePortfolios). Primary data was collected from 54 showcases (digital containers) generated by 26 undergraduate students on an ePortfolio platform over a period of 3 months. The participants had…

  20. Introducing E-Portfolio Use to Primary School Pupils: Response, Benefits and Challenges

    ERIC Educational Resources Information Center

    Theodosiadou, Dimitra; Konstantinidis, Angelos

    2015-01-01

    Electronic portfolios (e-portfolios) have a positive impact on the learning process in a broad range of educational sectors and on learners of all ages. Yet because most e-portfolio-related studies are about their implementation in higher education, this type of research is less usual in the early childhood context, and there is no available…

  1. The Development of an ePortfolio as a Capstone in a Holistic Health Minor

    ERIC Educational Resources Information Center

    Perks, Joan M.; Galantino, Mary Lou

    2013-01-01

    Use of electronic portfolios (ePortfolios) has been advocated to highlight student accomplishments as well as to document program and course outcomes. This use of ePortfolios incorporates information technology, thus aligning the educational process in degree programs to twenty-first-century teaching, learning, and information literacy. Here we…

  2. ePortfolios Reveal an Emerging Community of Underrepresented Minority Scholars

    ERIC Educational Resources Information Center

    Singer-Freeman, Karen; Bastone, Linda; Skrivanek, Joseph

    2014-01-01

    We used ePortfolios to promote and assess identity change in a summer research program for 81 underrepresented minority community college students. We hypothesized that ePortfolios would increase students' development of academic identity, future orientation, and scholarly community. Students completed weekly ePortfolio journal entries and…

  3. The Changing Landscape of ePortfolios: A Case Study in One Australian University

    ERIC Educational Resources Information Center

    Coffey, Urszula; Ashford-Rowe, Kevin

    2014-01-01

    The potential of ePortfolios for both students and staff has generated considerable interest and investment by universities over the past ten years or so within Australia. Despite funded projects, ePortfolio specific conferences and a range of commercial and open software, there is not wide spread uptake of ePortfolios, although many universities…

  4. ePortfolios and eGovernment: From Technology to the Entrepreneurial Self

    ERIC Educational Resources Information Center

    O'Brien, Peter; Osbaldiston, Nick; Kendall, Gavin

    2014-01-01

    We analyse the electronic portfolio (ePortfolio) in higher education policy and practice.While evangelical accounts of the ePortfolio celebrate its power as a new eLearning technology,we argue that it allows the mutually-reinforcing couple of neoliberalism and the enterprising self to function in ways in which individual difference can be…

  5. The Portfolio as a Tool for Stimulating Reflection by Student Teachers

    ERIC Educational Resources Information Center

    Mansvelder-Longayroux, Desiree D.; Beijaard, Douwe; Verloop, Nico

    2007-01-01

    This article reports on a research project that studied the nature of reflection in the portfolios of student teachers: 39 learning portfolios were analysed. Current theories on reflection offered little on which to base a system of categories for analysing the content of the portfolios. Theory on learning activities was used. We found that the…

  6. ePortfolio Effectiveness: A(n Ill-Fated) Search for Empirical Support

    ERIC Educational Resources Information Center

    Bryant, Lauren H.; Chittum, Jessica R.

    2013-01-01

    ePortfolio has become ubiquitous in higher education over the course of the last decade, with faculty and institutions devoting both time and monetary resources to its use. Given this trend, the purpose of this study was to investigate the landscape of ePortfolio research to determine what evidence exists for ePortfolio's impact on student…

  7. How Course Portfolios Can Advance the Scholarship and Practice of Management Teaching

    ERIC Educational Resources Information Center

    New, J. Randolph; Clawson, James G.; Coughlan, Richard S.; Hoyle, Joe Ben

    2008-01-01

    The authors believe the development, peer review, and sharing of course portfolios can significantly improve the scholarship and teaching of management. To make this case, they provide background information about course portfolios, including origins, defining features, purposes, and potential benefits. They then identify actual portfolio projects…

  8. The Use of ePortfolios in Evaluating the Curriculum and Student Learning

    ERIC Educational Resources Information Center

    Fitch, Dale; Peet, Melissa; Reed, Beth Glover; Tolman, Richard

    2008-01-01

    Portfolios can foster the integration of theory, action, self-reflection, and assessment. Electronic portfolios (ePortfolios) extend this concept by acting as a "content-management system" that facilitates the collecting, considering, sharing, and presenting of learning outcomes with and to others via a digital medium. This article describes the…

  9. Portfolios in Context: A Comparative Study in Two Preservice Teacher Education Programs

    ERIC Educational Resources Information Center

    Fiedler, Rebecca L.; Mullen, Laurie; Finnegan, Margaret

    2009-01-01

    Portfolio authoring tools within teacher preparation institutions have changed dramatically as portfolios have moved from paper to electronic formats and now to the Web. This study used Engestrom's Cultural-Historical Activity Theory (1987) to examine how portfolio tools, along with external influences and institutional contexts, mediate the…

  10. Portfolios as Sites of Learning: Reconceptualizing the Connections to Motivation and Engagement.

    ERIC Educational Resources Information Center

    Clark, Caroline; Chow-Hoy, Todd K.; Herter, Roberta J.; Moss, Pamela A.

    2001-01-01

    Examines how students' participation in the process of constructing portfolios may affect their motivation for and engagement in literacy learning. Uses vignettes of students from an urban high school to lay out initial understandings of portfolios, and articulates an emerging theory around process portfolios. Suggests a broadening of the focus of…

  11. The ePortfolio as a Living Portal: A Medium for Student Learning, Identity, and Assessment

    ERIC Educational Resources Information Center

    Nguyen, Celeste Fowles

    2013-01-01

    This research examines the influence of college students' electronic portfolios (i.e., ePortfolios) on learning, identity, and assessment. The study creates a narrative of students' experiences with ePortfolios that integrates critical hermeneutic theory. Findings demonstrate the diverse experiences of research participants who used ePortfolios…

  12. Implementing Portfolio-Based Language Assessment in LINC Programs: Benefits and Challenges

    ERIC Educational Resources Information Center

    Ripley, Daniel

    2012-01-01

    Although earlier research has examined the potential of portfolios as assessment tools, research on the use of portfolios in the context of second-language education in Canada has been limited. The goal of this study was to explore the benefits and challenges of implementing a portfolio-based language assessment (PBLA) model in Language…

  13. Validation of the Electronic Portfolio Student Perspective Instrument (EPSPI): Conditions under a Different Integration Initiative

    ERIC Educational Resources Information Center

    Ritzhaupt, Albert D.; Ndoye, Abdou; Parker, Michele A.

    2010-01-01

    With the explosive growth of e-portfolios in teacher preparation programs, it is essential for administration and other relevant stakeholders to understand the student perspective of e-portfolios' organizational uses. This article describes the validation of the modified Electronic Portfolio Student Perspective Instrument (EPSPI). The analysis…

  14. The School Portfolio: A Comprehensive Framework for School Improvement. The Leadership and Management Series.

    ERIC Educational Resources Information Center

    Bernhardt, Victoria L.

    This book describes how schools can develop and utilize portfolios as frameworks for evaluating school reform. The portfolio is a nonthreatening self-assessment tool that exhibits a school's goals, progress, achievement, and vision for improvement. Chapter 1 examines the school portfolio as an effective and positive, ongoing monitoring system that…

  15. The Ins and Outs of Using Portfolios To Assess Performance. Revised.

    ERIC Educational Resources Information Center

    Paulson, F. Leon; Paulson, Pearl R.

    Concerns about using portfolios (collections of student work showing student effort, progress, or achievement in one or more areas) in large-scale assessments are addressed. The products in a portfolio allow the reviewer to make inferences about the process of student learning. Hence, a portfolio should include information about the activities…

  16. The Effect of Web-Based Portfolio Use on Academic Achievement and Retention

    ERIC Educational Resources Information Center

    Guzeller, Cem Oktay

    2012-01-01

    The web-based portfolio emerged as a result of the influence of technological developments on educational practices. In this study, the effect of the web-based portfolio building process on academic achievement and retention is explored. For this purpose, a study platform known as a computer-assisted personal development portfolio was designed for…

  17. Implementing Portfolios in Teacher Training: Why We Use Them and Why We Should Use Them

    ERIC Educational Resources Information Center

    Aksit, Fisun

    2016-01-01

    Problem statement: After the implementation of new curricula in 2005, portfolios have become commonplace in teacher training programs in Turkey. Even though the use of portfolios is quite popular, the studies have shown that portfolios are mostly used to assess student learning outcomes, while the effectiveness of the educators and teacher…

  18. Implementing ePortfolios for the Assessment of General Education Competencies

    ERIC Educational Resources Information Center

    Ring, Gail; Ramirez, Barbara

    2012-01-01

    This paper describes the Clemson ePortfolio Program initiated in 2006, where all undergraduate students are required to create an ePortfolio. Specifically, the program was designed as a mechanism through which to evaluate our recently revised general education program. In this program all undergraduates create and submit a digital portfolio as…

  19. Turkish EFL Student Teachers' Perceptions on the Role of Electronic Portfolios in Their Professional Development

    ERIC Educational Resources Information Center

    Kocoglu, Zeynep

    2008-01-01

    There has been vast evidence to support the potential of electronic portfolios (e-portfolio) as tools for enhancing reflective thinking and professional development of student teachers. However, no study has been carried out to specifically determine English as a Foreign Language (EFL) student teachers' perceptions on the role of e-portfolios in…

  20. Two Portfolio Systems: EFL Students' Perceptions of Writing Ability, Text Improvement, and Feedback

    ERIC Educational Resources Information Center

    Lam, Ricky

    2013-01-01

    Research into portfolio assessment ("PA") typically describes teachers' development and implementation of different portfolio models in their respective teaching contexts, however, not much attention is paid to student perceptions of the portfolio approach or its impact on the learning of writing. To this end, this study aims to investigate how…