Large Margins
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Richardson discusses what it is like to be one of only a handful of female top execs of large companies in the U.S.
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Traditional philanthropy invests in a limited circle of people, whereas the X PRIZE, says its founder Peter Diamandis, funds a broader landscape of people and ideas that succeed. Diamandis is encouraging large foundations like the Carnegies and the Fords to consider adding cash incentive prizes into their portfolio of philanthropy, as he believes the rewards from this new form of public enrichment and exploration are much richer.
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February 11, 2009 lecture by Jefferson Tester for the Woods Energy Seminar (ENERGY301). In his talk "A Pathway for Widespread Utilization of Geothermal Energy--the Roles of Multi-scale Resource and Technology Research and Systems Analysis," Tester talks about the benefits and challenges of harnessing geothermal energy, and he asserts that it is a large resource that complements solar and wind energy and is both carbon free and scalable.
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In this lecture, Professor Freeman discusses the Articles of Confederation. Although they seem hopelessly weak in the long view of history, the Articles made perfect sense as a first stab at a national government by a people who deeply distrusted centralized power - a direct product of their recent experience of the British monarchy. Among the many issues that complicated the drafting of the Articles, three central issues included: how...more
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The rise of absolutism in Europe must be understood in the context of insecurity attending the religious wars of the first half of the seventeenth century, and the Thirty Years' War in particular. Faced with the unprecedented brutality and devastation of these conflicts, European nobles and landowners were increasingly willing to surrender their independence to the authority of a single, all-powerful monarch in return for guaranteed...more
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In the 1990s, Yale discovered that it was faced with a deferred maintenance problem: the university hadn't properly planned for important renovations in many buildings. A large, one-time expenditure would be needed. How should Yale have covered these expenses? This lecture begins by applying the lessons learned so far to show why Yale's initial forecast budget cuts were overly pessimistic. In the second half of the class, we turn to the...more
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This lecture is about optimal exercise strategies for callable bonds, which are bonds bundled with an option that allows the borrower to pay back the loan early, if she chooses. Using backward induction, we calculate the borrower's optimal strategy and the value of the option. As with the simple examples in the previous lecture, the option value turns out to be very large. The most important callable bond is the fixed rate amortizing...more
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David Kelley, founder and CEO of IDEO Product Development, grew up in Ohio, where he survived on a diet of Velveeta cheese and white bread, He attended Carnegie Mellon and studied electrical engineering, but spent more time working on carnival floats. After graduation, he worked for Boeing on the 747. He learned early that in a large company, he didn't get to choose the people he worked with. He came to the Graduate Product Design Program...more
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Dominic Orr, CEO of Aruba Networks, responds to a question about whether startups have a chance of cracking markets owned by big competitors. Orr suggests that startups often can find niches in big markets because they have greater speed to execution. However, Orr argues that success in a big market may be more than simply creating a niche but rather success is creating a large, sustainable business. Orr argues that the challenge of...more
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Larry Bawden discusses the immense potential in Solar Energy by illustrating the high demand for this alternative source. He notes that there is huge demand from a variety of sources - residential houses to large industries. He also highlights the fact that substantial demand for this energy source is international.
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November 16, 2007 lecture by Ge Wang for the Stanford University Human-Computer Interaction Seminar. In the first part of this talk, Ge presents the design, philosophy, and development of ChucK, a computer music programming language intending to provide a different approach, expressiveness, and thinking with respect to time and parallelism in audio programming - as well as a platform for precise and rapid experimentation. In the second...more
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Professor Kleiner analyzes the major public architectural commissions of the emperor Trajan in Rome. Distinguished by their remarkably ambitious scale, these buildings mimic Trajan's expansion of the Roman Empire to its furthest reaches. Professor Kleiner begins with Trajan's restoration of the Forum of Julius Caesar and proceeds to the Baths of Trajan. Situated on the Oppian and Esquiline Hills, these Trajanic baths follow the basic...more
