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The results allow quantifying as thermo-economic design optimization based on short term criteria as the payback time leads to smaller plants with higher solar field efficiencies and smaller solar fractions, while the consideration of optimization criteria based on long term performance of the plants, as life cycle savings based optimization, leads to the reverse conclusion.
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Sources at the Department for Business, Innovation and Skills pointed that Cable had been consistent in calling for bonuses to be based on long-term performance.
What I do believe is that shareholders should have a say in the compensation packages given to top executives, and that those packages should be based on long-term performance instead of short-term profits.
Overall, the system performance is improved with localized MA. Figure 6 Optimized 50% macrocellular and femtocellular DL throughputs with localized binary MA based on long-term performance observation applied at the FBSs.
With the localized binary MA decision based on long-term performance observation, the optimal path-loss threshold needs to be estimated through long-term measurement and observation, which might be difficult to implement in practice.
Figure6 shows the optimized 50% macrocellular and femtocellular throughputs with localized binary MA based on long-term performance observation (LPO) applied at the FBSs; T g (8) is also optimized with an exhaustive search over a reasonable range of the path-loss threshold, which is determined by the coverage area of the MBSs.
But unlike institutional economists like Galbraith, Krugman said nothing in his article about the importance of social structures (e.g., executive-pay incentives based on long-term versus short-term performance, degree of managerial versus investor control of corporations, etc).
The analysis primarily focuses on system performance, with emphasis on Heat Pump (HP) and total system Seasonal Performance Factor (SPF), based on long-term and full-scale operation.
Such a policy would help reward performance based on long-term value creation for shareholders, the pension plan said.
The incentives should be based on long-term achievements, ideally five years or more with a "full payout only for truly exceptional performance.
They make claims based on long-term trends".
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Justyna Jupowicz-Kozak
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