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Ebook Lowering Your Cholesterol

High blood cholesterol can affect anyone. It’s a serious condition that increases the risk for heart disease, the number one killer of Americans—women and men. The higher your blood cholesterol level, the greater your risk.

Fortunately, if you have high blood cholesterol, there are steps you can take to lower it and protect your health. This booklet will show you how to take action by following the “TLC Program” for reducing high blood cholesterol. TLC stands for Therapeutic Lifestyle Changes, a three-part program that uses diet, physical activity, and weight management. Sometimes, drug treatment also is needed to lower blood cholesterol enough. But even then, the TLC Program should be followed.

PDF Ebook Capital Budgeting In A Capital-Intensive Industry

Capital budgeting is the process of allocating capital within a firm. This is done to determine the long-term investments that secure the continuity and profitability of the company. The process of capital budgeting is sometimes referred to as investment appraisal1. By nature, capital budgeting is a process of planning, and the implementation and monitoring activities are omitted from this analysis. This planning process typically includes the use of a variety of investment appraisal methods, which can be both quantitative and qualitative. These methods may be divided into five; net present value, rate of return, ratio, payback and accounting methods (Remer and Nieto 1995a, 1995b).

Capital-intensive industries, such as forest industry, hold some special characteristics in their capital budgeting procedures. In Western paper companies, the currently dominant production philosophy called 'multi-product integrate', emphasises the economies of scale achieved by an integrated paper mill (Ryti 1987). High amount of capital embedded in the organisational structures and industrial infrastructure leads to capital-intensiveness, and further to long payback periods and high gross capital expenditure levels. This factor accentuates the importance of using proper investment appraisal techniques, as the competitiveness of the company greatly depends on the efficiencies thus achieved.

PDF Ebook Put Your Money Where Your Butt Is: A Commitment Contract for Smoking Cessation

More than five decades after Strotz (1955) modeled dynamic inconsistency, debate continues over how to represent preferences for consumption over time. Introspection, casual empiricism, and laboratory evidence have motivated theorists to develop several type of models in which consumers exhibit more impatience for near-term trade-offs than for future trade-offs. The consumption of addictive substances has been a particular focus of such models. These models share the prediction that some (self-aware, or “sophisticated”) consumers will seek to voluntarily constrain their future consumption choices: they will demand commitment devices. Yet there is little field evidence on the demand for or effectiveness of such commitment devices.

We take some initial steps toward addressing the empirical viability and effectiveness of commitment devices for smoking cessation, using evidence from a field experiment in the Philippines. Some smokers were randomly assigned an opportunity to voluntarily sign a commitment contract (branded Committed Action to Reduce and End Smoking, or “CARES”) to stop smoking. A smoker signing the contract pledged his own money that he would pass a cotinine (the primary metabolite of nicotine) urine test six months later. If the CARES client passed the urine test he got his money back (no interest accrued on the account). If he failed the test the local bank offering the savings product donated the money to charity. This is essentially the performance bond contract suggested in Gruber and Koszegi (2001). A second treatment group received “cue cards,” visually aversive wallet-sized pictures that are modeled on Canada’s mandated cigarette packaging and intended to regularly remind smokers of the health risks from smoking.

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