Proposition 1 definition

Proposition 1 means City of SeaTac Proposition 1, codified at Ch. 7.45 SMC.
Sample 1Sample 2Sample 3
Proposition 1 means AB 1471, (2014), as codified in California Water Codes section 79701 et seq.
Sample 1
Proposition 1. With quantity competition and uncertain firm specific cost or demand intercept, a firm unilaterally chooses to share information if and only if B ≤ δ2(8−δ2)/12. A firm’s profit is greater when both share information than when neither share if and only if B ≤ δ2(12−δ2)/3(4+δ2). Proof: From (1) and (2), firm a’s expected profit when they both do not share less its expected profit when only firm a shares, is increasing in B, and equals zero at B = δ2(8−δ2)/12. From (3) and (4), the same is true for firm a’s expected profit when only it does not share less its expected profit when they both share. For the second part, from (2) and (3), firm a’s expected profit when they both do not share less its expected profit when they both share, is increasing in B and equals at B = δ2(12−δ2)/3(4+δ2).// 14 There are two effects that arise from a firm sharing its information. On one hand, the union can exploit the information to the firm’s detriment. On the other hand, the information being shared with the rival creates a benefit. In the environment here, the gain from sharing is greater than the loss from the union learning, if the union is sufficiently weak or the products are sufficiently undifferentiated. It is interesting to contrast these results to those found in Li (2002) who assumes that the union has all of the pricing power and the products are perfect substitutes (equivalent to B = 1 and δ=1). In contrast to the result here, Xx (2002) finds that the firm’s dominant strategy is to share information and profits are greater if all firms share information. The difference arises because here the union sets different wages, while in Li (2002) a uniform price is considered.15 By setting a differential wage the extent to which the union can exploit the information is enhanced sufficiently to change the results found in Li. Comparison of the pricing power (B) needed for joint profits to increase from information sharing (δ2(12−δ2)/3(4+δ2)) to that needed for an individual firm to unilaterally share information (δ2(8−δ2)/12), reveals that there are levels of pricing power such that there is a prisoner’s dilemma. Interestingly, this only arises if the pricing power is more evenly divided.
Sample 1

Examples of Proposition 1 in a sentence

  • The State shall provide funding from the Water Quality, Supply, and Infrastructure Improvement Act of 2014 (Proposition 1) to the Grantee to assist in financing the projects, which are included in and implemented in an adopted Integrated Regional Water Management Plan (IRWM Plan), pursuant to Chapter 7.

  • Proposition 1 tells us that the value of a collateralized contract is equal to the present value of the payoff discounted by the CSA-adjusted discount factor minus the cost of taking unsecured counterparty credit risk.

  • This proposition theoretically demonstrates that collateral posting changes valuation.The pricing in Proposition 1 is relatively straightforward.

  • The purposes of Proposition 1 include generating funding to address water quality, water supply and watershed protection and restoration.

  • With the adoption of City of SeaTac Ordinance 13-1020 (commonly referred to as Proposition 1) and the decision in Filo Foods, LLC v.

  • The purposes of this project are consistent with Proposition 1 Grant funding.

  • Proposition 1 says that the pricing process of a multiple-payment instrument has a backward nature since there is no way of knowing which risk-adjusteddiscounting rate should be used without knowledge of the future value.

  • Implication 2 comes from observing in Proposition 1 that concentration causes the average markdown to deviate from 1 + 1 .

  • Therefore, the following Proposition holds: Proposition 1: If all players are cooperative, at equilibrium the largest agreement is proposed and signed in each sub-game and hence, the global agreement is proposed and signed immediately.

  • Water sustainability projects are consistent with the purposes of Chapter 6 of Proposition 1.


More Definitions of Proposition 1

Proposition 1 or “Prop 1” means Assembly Bill 1471, Rendon.
Sample 1

Related to Proposition 1

  • Ballot proposition means a question, issue, or proposal that is submitted to voters

  • Phase 1 means the phase of the ATP comprised of: (1) improvements to the State Street Substation; (2) construction of the Proposed Line; (3) the rebuilding of NYSEG’s existing Lines 971 and 000 xxxxx xx Xxxxxxxx Xxxx xx the NYSEG ROW to allow for construction of the Proposed Line as intended; (4) improvements to the Elbridge Substation to accept the Proposed Line; and (5) National Grid’s conveyance to NYSEG of the NYSEG Acquired ROW and such other land interests as contemplated by the Purchase and Sale Agreement.

  • Mitigation Study Period means the duration of time extending six consecutive Capability Periods and beginning with the Starting Capability Period associated with a Class Year Study, Additional SDU Study, and/or Expedited Deliverability Study. For purposes of Section 23.4.5 of this Attachment H, “Mitigated UCAP” shall mean one or more megawatts of Unforced Capacity that are subject to Control by a Market Party that has been identified by the ISO as a Pivotal Supplier. For purposes of Section 23.4.5 of this Attachment H, “Mitigation Net CONE” shall mean the capacity price on the currently effective ICAP Demand Curve for the Mitigated Capacity Zone corresponding to the average amount of excess capacity above the Mitigated Capacity Zone Installed Capacity requirement, expressed as a percentage of that requirement, that formed the basis for the ICAP Demand Curve approved by the Commission.

  • Phase 3 means the period commencing on the day after the Phase 2 implementation date and ending on the Phase 3 implementation date (as defined below).

  • Phase I means the first part of the tuition incentive assistance program defined as the academic period of 80 semester or 120 term credits, or less, leading to an associate degree or certificate.

  • Phase 2 means the phase of the ATP comprised of: (1) improvements to the State Street Substation to receive Rebuilt Line 972; (2) the rebuilding of NYSEG’s existing Line 972 not performed in Phase 1; (3) construction of Relocated Line 15; (4) the construction of Bused Line 5; (5) improvements to the Elbridge Substation to receive Relocated Line 15; and (6) improvements to the Elbridge Substation to receive Bused Line 5.

  • Phase III means human clinical trials, the principal purpose of which is to establish substantial evidence of both safety and efficacy in patients with the disease or condition being studied, as more fully defined in 21 C.F.R. §312.21(c) or similar clinical study in a country other than the United States. Phase III shall also include any other human clinical trial intended to serve as a pivotal trial to support the submission of an application for regulatory approval.

  • Waste Framework Directive or “WFD” means Waste Framework Directive 2008/98/EC of the European Parliament and of the Council on waste

  • Completion Deadline means the date by which the Arrangement is to be completed, which date shall be April 30, 2014 or such later date as may be agreed to in writing by the Parties;

  • conformity assessment means the process demonstrating whether the requirements of this Regulation relating to a device have been fulfilled;

  • Project Proponent means the individual or organization that has overall control and responsibility for the Project, or an individual or organization that together with others, each of which is also a Project Proponent, has overall control or responsibility for the Project. The entity(s) that can demonstrate Project Ownership in respect of the Project. For the avoidance of doubt where an individual executes this Representation in their capacity as an authorized office holder of the company who is the Project Proponent, this Representation is made by the company, not the authorized office holder;

  • Study Completion means the database for the Study has been locked and all Essential Documents have been provided to the Sponsor, including a copy of the letter from the Reviewing HREC acknowledging receipt of the final report and/or closure letter from the Principal Investigator.

  • Phase II means the second part of the tuition incentive assistance program which provides assistance in the third and fourth year of 4-year degree programs.

  • Project Proposal has the meaning set forth in Section 2.2(b).

  • Phase III Study means a human clinical trial that is prospectively designed to demonstrate statistically whether a product is safe and effective for use in humans in a manner sufficient to obtain regulatory approval to market such product in patients having the disease or condition being studied as described in 21 C.F.R. § 312.21(c) (FDCA), as amended from time to time, and the foreign equivalent thereof.

  • Proposal means the Technical Proposal and the Financial Proposal of the Consultant.

  • Improvement Plan means the plan required by the Authority from the Supplier which shall detail how the Supplier will improve the provision of the Goods and/or Services pursuant to Clause 29.1.1 (Authority Remedies);

  • Date of Commencement of Risk means the date specified in the Schedule (unless the Policyholder is informed otherwise by the Company) from which the risk cover of the Life Assured commences under the Policy.

  • project completion period means the period of sixty (60) months commencing from and expiring on for the construction and obtaining of Temporary Occupation Permit or Permits for the whole of the Development as provided in clause 3.3;

  • Completion Statement has the meaning given to that term in the Co-ordination Agreement; Conditions has the meaning given to that term in the Co-ordination Agreement;

  • Phase 3 Clinical Trial means a pivotal clinical trial in humans performed to gain evidence with statistical significance of the efficacy of a product in a target population, and to obtain expanded evidence of safety for such product that is needed to evaluate the overall benefit-risk relationship of such product, to form the basis for approval of an NDA and to provide an adequate basis for physician labeling, as described in 21 C.F.R. § 312.21(c) or the corresponding regulation in jurisdictions other than the United States.

  • Phase II Study means a study in humans of the safety, dose ranging or efficacy of a product, as further defined in 21 C.F.R. § 312.21(b) (or the equivalent thereof outside the United States).

  • Treatability study means a study in which a hazardous waste is subjected to a treatment process to determine: (1) Whether the waste is amenable to the treatment process, (2) what pretreatment (if any) is required, (3) the optimal process conditions needed to achieve the desired treatment, (4) the efficiency of a treatment process for a specific waste or wastes, or (5) the characteristics and volumes of residuals from a particular treatment process. Also included in this definition for the purpose of the § 261.4 (e) and (f) exemptions are liner compatibility, corrosion, and other material compatibility studies and toxicological and health effects studies. A “treatability study” is not a means to commercially treat or dispose of hazardous waste.

  • Phase 2 Clinical Trial means a human clinical trial of a product in any country that would satisfy the requirements of 21 C.F.R. 312.21(b) and is intended to explore a variety of doses, dose response, and duration of effect, and to generate initial evidence of clinical safety and activity in a target patient population, or a similar clinical study prescribed by the relevant Regulatory Authorities in a country other than the United States.

  • Phase I assessment as described in, and meeting the criteria of, (i) Chapter 5 of the FNMA Multifamily Guide or any successor provisions covering the same subject matter in the case of a Specially Serviced Mortgage Loan as to which the related Mortgaged Property is multifamily property or (ii) the American Society for Testing and Materials in the case of Specially Serviced Mortgage Loan as to which the related Mortgaged Property is not multifamily property.

  • Phase I Study means a human clinical trial in any country that would satisfy the requirements of 21 C.F.R. § 312.21(a) (FDCA), as amended from time to time, and the foreign equivalent thereof.