Ascherl, Claudia; Schrand, Liesa; Schaefers, Wolfgang; Dermisi, Sofia. (2019). The Determinants of Executive Compensation in US REITs: Performance vs. Corporate Governance Factors. Journal Of Property Research, 36(4), 313 – 342.
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Abstract
The paper examines whether executive compensation packages within the US REIT industry are determined merely by performance or also by CEO power mechanisms that have an essential influence on board-level negotiations. We offer original insights into management compensation arrangements during and after the financial crisis. The relative importance of cash bonuses in CEO compensation contracts has more than halved after the crisis. Simultaneously, after the financial crisis, equity-based compensation became increasingly important. Concerning the pay-for-performance link, our results show no relationship during the financial crisis. However, after the crisis, we find a strong significant link between remuneration packages and corporate success.
Keywords
Executive Compensation; Chief Executive Officers; Negotiations; Compensation; Packages; Crises; Economic Crisis; Corporate Governance; United States--us
Jon, Ihnji; Huang, Shih-Kai; Lindell, Michael K. (2019). Perceptions and Expected Immediate Reactions to Severe Storm Displays. Risk Analysis, 39(1), 274 – 290.
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Abstract
The National Weather Service has adopted warning polygons that more specifically indicate the risk area than its previous county-wide warnings. However, these polygons are not defined in terms of numerical strike probabilities (p(s)). To better understand people's interpretations of warning polygons, 167 participants were shown 23 hypothetical scenarios in one of three information conditions-polygon-only (Condition A), polygon + tornadic storm cell (Condition B), and polygon + tornadic storm cell + flanking nontornadic storm cells (Condition C). Participants judged each polygon's p(s) and reported the likelihood of taking nine different response actions. The polygon-only condition replicated the results of previous studies; p(s) was highest at the polygon's centroid and declined in all directions from there. The two conditions displaying storm cells differed from the polygon-only condition only in having p(s) just as high at the polygon's edge nearest the storm cell as at its centroid. Overall, p(s) values were positively correlated with expectations of continuing normal activities, seeking information from social sources, seeking shelter, and evacuating by car. These results indicate that participants make more appropriate p(s) judgments when polygons are presented in their natural context of radar displays than when they are presented in isolation. However, the fact that p(s) judgments had moderately positive correlations with both sheltering (a generally appropriate response) and evacuation (a generally inappropriate response) suggests that experiment participants experience the same ambivalence about these two protective actions as people threatened by actual tornadoes.
Keywords
Decision-making; Tornado; Risk; Communication; Numeracy; Residents; Shelter; Events; Protective Actions; Risk Perceptions; Tornado Warning Polygons; Judgments; Tornadoes; Meteorological Services; Storms; Lymphocytes B; Polygons; Emergency Warning Programs; Evacuation; Displays; Inappropriateness; Weather; Warnings; Conditions; Ambivalence
Prakash, Vikramaditya. (2019). Dhāranā: The Agency of Architecture in Decolonization. Future Anterior, 16(2), 87 – 120.
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Yuan, Hong; He, Yuan; Wu, Yuanyuan. (2019). A Comparative Study on Urban Underground Space Planning System between China and Japan. Sustainable Cities And Society, 48.
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Abstract
In China, urban underground space (UUS) planning is still in the exploration stage, and its development is hindered by problems related to local autonomy, systemic deficiency and poor management. This paper compared and analyzed the development status of UUS planning in China and Japan to study the differences in terms of planning objectives, planning structure, and planning content of UUS, and made suggestions for the future development of China's UUS planning system. Since there are many difficulties in underground master planning in China to predict the planning scale of UUS, planning can only serve to provide planning principles and site selections. Instead, the regulatory detailed planning has legal effect in the planning system and becomes the most direct and powerful tool for the government to control and guide the urban land use. Meanwhile, Japan's underground utilization system is guided by urban agglomeration and can provide an important reference for Chinese development in terms of refined design, human concern, regulation, legislation, and coordination. Urgently, China needs to establish a system for UUS planning and management to promote three-dimensional urban development, establish coordination mechanisms for the detailed planning of UUS, and strengthen the planning of underground transportation networks, complexes, and streets.
Keywords
Development Trends; Resources; Comparison Of Underground Space Planningsystem Between China And Japan; Land System; Uus Master Planning; Uus Regulatory Detailed Planning; Three-dimensional Intensification; Legalization; Environmental And Safety
Gu, Naeun. (2020). Korean Apartment Complexes and Social Relationships of the Residents. Housing Studies, 35(8), 1362 – 1389.
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Abstract
Korean apartment housing, where more than half of the population lives, has drawn attention with its spatial, historical, and cultural uniqueness. Among many questions on Korean apartments, this article explains how the socio-spatial characteristics of apartment housing have impacts on the social relationships among the residents. This article first analyses the historical, socio-cultural, and spatial characteristics of Korean apartments, and then synthesizes up-to-date empirical study results to examine how the diverse characteristics can be associated with the residents' social relations. The empirical evidence clarifies the effects of Korean apartments' characteristics on residents' social relations-the exclusive complex design, spatial configurations, shared spaces including community facilities, heights of the units, public/private housing types, social homogeneity, and community programs are all associated with social relations of the residents. Key methodological problems in current studies as well as implications for future apartment planning are highlighted.
Keywords
Housing; Homogeneity; Shared Space (traffic Engineering); Empirical Research; Sociocultural Theory; High-rise High-density; Korean Apartments; Residents; Social Relationships; Socio-spatial Characteristics; Built Environment; South-korea; Neighborhood; Community; Health; City; Place; Density; Seoul; Configuration Management; Apartments; Uniqueness; Social Relations; Empirical Analysis; Characteristics
Le, Vi T.; Dannenberg, Andrew L. (2020). Moving Toward Physical Activity Targets by Walking to Transit: National Household Transportation Survey, 2001-2017. American Journal Of Preventive Medicine, 59(3), E115 – E123.
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Abstract
Introduction: Public transportation systems can help people engage in physical activity. This study assesses sociodemographic correlates and trends in the daily time spent walking to and from transit in the U.S. from 2001 to 2017. Methods: This cross-sectional study used data from the 2001, 2009, and 2017 National Household Transportation Survey. Data were analyzed in 2019 to assess the daily level of physical activity attained solely by walking to and from transit. Regression models were used to examine predictors of daily transit-associated walking. Results: Compared with the full National Household Transportation Survey sample, transit users who walked to and from transit tended to be younger, from households earning <$25,000 per year, in areas with rail infrastructure, and did not have a household-owned car. Transit walkers spent a median of 20 minutes per day (95% CI=18.5, 21.5) walking to and from transit in 2017, compared with a median of 19 minutes (95% CI=17.5, 20.5) in 2001. Among transit walkers, daily transitassociated physical activity was 27% higher for those residing in areas with rail infrastructure (adjusted coefficient=1.27, 95% CI=1.11, 1.46) and 34% higher for those from households earning $99,999 per year (adjusted coefficient=1.34, 95% CI=1.15, 1.56). Conclusions: As documented in a growing literature, most public transit trips include at least some walking; thus, efforts to encourage transit use are favorable to public health. Continued monitoring by transportation surveys is important as new forms of mobility and changing demographics may impact future transit use and associated physical activity. (C) 2020 American Journal of Preventive Medicine. Published by Elsevier Inc. All rights reserved.
Keywords
Physical Activity; Household Surveys; Public Transit; Cross-sectional Method; Public Health; Walking; Exercise; Research Funding; Transportation; Replacing Sedentary Time; Public-transit; Travel; Mortality; Adults; Health; Work
Shang, Luming; Aziz, Ahmed M. Abdel. (2020). Stackelberg Game Theory-Based Optimization Model for Design of Payment Mechanism in Performance-Based PPPs. Journal Of Construction Engineering And Management, 146(4).
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Abstract
Payment mechanisms lie at the heart of public-private partnership (PPP) contracts. A good design of the payment mechanism should consider the owner's goals in the project, allocate risks appropriately to stakeholders, and assure satisfactory performance by providing reasonable compensation to the private developer. This paper proposes a Stackelberg game theory-based model to assist public agencies in designing payment mechanisms for PPP transportation projects. The interests of both public and private sectors are considered and reflected by a bilevel objective function. The model aims to search for solutions that maximize a project's overall performance for the sake of social welfare while simultaneously maximizing return for the sake of private investment. A variable elimination method and genetic algorithm are used to solve the optimization model. A case study based on a real PPP project is discussed to validate the effectiveness of the proposed model. The solutions provided by the model reveal that the optimal payment mechanism structure could be established such that it would satisfy owners' requirements for overall project performance while optimizing project total payments to contractors.
Keywords
Construction Industry; Contracts; Financial Management; Game Theory; Genetic Algorithms; Investment; Optimisation; Organisational Aspects; Project Management; Public Administration; Transportation; Public-private Partnership Contracts; Good Design; Private Developer; Stackelberg Game Theory-based Model; Ppp Transportation Projects; Public Sectors; Private Sectors; Private Investment; Ppp Project; Optimal Payment Mechanism Structure; Project Performance; Project Total Payments; Stackelberg Game Theory-based Optimization Model; Performance-based Ppps; Public-private Partnerships; Analytic Hierarchy Process; Weighted Sum Method; Multiobjective Optimization; Algorithm; Incentives; Projects; Network; Success; Branch
Chalana, Manish. (2021). Whither the “Hindoo Invasion”? South Asians in the Pacific Northwest of the United States, 1907-1930. International Journal Of Regional & Local History, 16(1), 14 – 38.
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Abstract
The first decade of the twentieth century saw several thousand men migrate from India to the North American West Coast. While most settled in British Columbia or California, a smaller number moved to the US Pacific Northwest states of Washington and Oregon. A series of violent riots in 1907-8 drove many from the region. The basic contours of this population in the region after this time remain unclear. I uncover evidence that Indians persisted for a longer time period, and in more varied locations and occupations than some previous research suggests, but that ultimately violent exclusion led them to disappear almost entirely from the region. I investigate the conditions in which these men lived and toiled, and the ways in which they were viewed by the larger society, particularly in terms of evolving concepts of race and assimilation. [ABSTRACT FROM AUTHOR]; Copyright of International Journal of Regional & Local History is the property of Taylor & Francis Ltd and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)
Keywords
Immigration; Indians; Oregon; Pacific Northwest; Punjabis; Sikh; South Asians; Washington
Kim, Taehoon; Kim, Yong-Woo; Cho, Hunhee. (2021). A Simulation-Based Dynamic Scheduling Model for Curtain Wall Production Considering Construction Planning Reliability. Journal Of Cleaner Production, 286.
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Abstract
Appropriate production scheduling of curtain wall systems is essential for the successful completion of construction projects. The construction process of the curtain wall system is mainly on the critical path and accounts for 10-15% of the total construction cost. Should curtain wall products not be timeously delivered to the construction site, construction projects are likely to fall behind schedule with most relevant activities on curtainwall installation on a critical path. However, due-date uncertainty caused by a contractor's lack of planning reliability causes the curtain wall production schedule to become complex and changes the due date after the initial order. In this regard, this study proposes a discrete event simulation-based dynamic scheduling model for curtain wall production to deliver products on time to the construction site by considering each construction project's planning reliability. Through simulation experiments, the validity and effectiveness of the proposed model were tested. The results of this study will help the successful completion of construction projects by ensuring the progress of the curtain wall system construction and follow-up activities following the construction schedule. (C) 2020 Elsevier Ltd. All rights reserved.
Keywords
Construction Industry; Discrete Event Simulation; Dynamic Scheduling; Production Control; Production Planning; Project Management; Reliability; Scheduling; Walls; Construction Planning Reliability; Construction Schedule; Curtain Wall System Construction; Construction Project; Discrete Event Simulation-based Dynamic Scheduling Model; Curtain Wall Production Schedule; Curtain Wall Installation; Curtain Wall Products; Total Construction Cost; Critical Path; Production Scheduling; Off-site Construction; Demand Variability; Job Shops; Precast; Minimize; Number; Curtain Wall; Simulation; Planning Reliability; Dispatching Rule
Shen, Qing; Wang, Yiyuan; Gifford, Casey. (2021). Exploring Partnership Between Transit Agency And Shared Mobility Company: An Incentive Program For App-based Carpooling. Transportation, 48(5), 2585 – 2603.
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Abstract
How should public transit agencies deliver mobility services in the era of shared mobility? Previous literature recommends that transit agencies actively build partnerships with mobility service companies from the private sector, yet public transit agencies are still in search of a solid empirical basis to help envision the consequences of doing so. This paper presents an effort to fill this gap by studying a recent experiment of shared mobility public-private partnership, the carpool incentive fund program launched by King County Metro in the Seattle region. This program offers monetary incentives for participants who commute using a dynamic app-based carpooling service. Through descriptive analysis and a series of logistic regression models, we find that the monetary incentive to encourage the use of app-based carpooling generates some promising outcomes while having distinctive limitations. In particular, it facilitates the growth of carpooling by making carpooling a competitive commuting option for long-distance commuters. Moreover, our evidence suggests that the newly generated carpooling trips mostly substitute single-occupancy vehicles, thus contributing to a reduction of regional VMT. The empirical results of this research will not only help King County Metro devise its future policies but also highlight an appealing alternative for other transit agencies in designing an integrated urban transportation system in the era of shared mobility.
Keywords
Shared Mobility; Public-Private Partnership; App-based Carpooling; Incentive Fund; Transit Agencies; Incentives; Commuting; Public Transportation; Mobility; Regression Analysis; Regression Models; Partnerships; Vehicles; Car Pools; Private Sector; Occupancy; Transportation Systems; Mass Transit; Transportation Planning; Empirical Analysis; Urban Transportation