Ciris 86: an emendation

I argue that at Ciris 86 the transmitted text animo meretrix iactata ferarum should be emended to animos [Lyne] meretrix induta  [Kayachev] ferarum

Energy management оf industrial enterprise

In the intensifying condition of economic situation and increasing competitiveness in domestic and foreign markets, the most important way to develop competitive ability of an industrial company is to reduce energy costs in the production process. Insufficient level of the efficiency of energy resources usage affects an industrial company’s performance indicators and its investment attractiveness. A promising way of solving this matter is to develop and implement a strategy of rational energy consumption, which is aimed at the realization of company’s potential to optimize the consumption of electric energy by using internal and external resources in order to minimize energy costs. The strategy of rational energy consumption defines how an industrial company acquires electric energy and uses it to sustain the production. While developing and implementing the strategy, one should use a systemic and complex way and consider the following: peculiarities of electric energy and power as products; the structure of electric energy market and the possibilities of its consumers; peculiarities of price-formation on electric energy market; technical and technological, organizational and administrative, social and economic parameters of a company, characteristic features of its resource potential and production processes; the results of company’s energy efficiency audit and energy problems; company’s reserves that can increase its energy efficiency. An integral strategy of energy consumption includes a strategy for energy preservation and efficiency and a strategy for energy costs management. Both strategies are interrelated and serve for one purpose, which is minimizing the energy costs. This division helps simplify the analysis, search for alternatives and realization of energy management on operative, tactical and strategic levels, considering the regional and industry-specific peculiarities of an industrial company, its financial performance and efficiency

Neo-industrial base for sustainable development of raw-materials cluster

Today the issues of overcoming the environmental consequences of the negative structural shift of the Russian economy, accelerating the rate of economic growth, reducing the technological and social-and-economic separation from developed countries are becoming strategically in demand for extractive clusters. The need for methodological and theoretical support of the neo-industrialization of the Russian economy raises the urgency of analyzing ways to solve environmental problems, relying on reducing the share of raw materials production in the gross regional product. The emergence of an innovative paradigm raises environmental requirements for industry, raises the priority of interaction institutions between the state, science and business in the process of reducing environmental damage. The leading role is played by the analysis of innovative nature protection activities in extractive clusters and structuring the competitive advantages of the economy, not related to the export of raw materials

Closure and the Book of Virgil

Taking its initial inspiration from Lipking’s first foray into what is now known as ‘career criticism’ this chapter considers the ‘wheel of Virgil’ and the works of the poet’s ancient biographers in structuring structuring readers’ understanding of his three canonical works and of the connections between them. Rejecting the idea that the career pattern necessarily means that we must see Virgil as progressing towards ever greater acceptance of the political realities of his day, the chapter instead looks to different models of reading, in which attention to intratextual echoes prevents purely linear and teleological interpretations. It is proposed that the Book of Virgil demands a circular rather than a linear pattern of reading, and that the role played by the image of shade and darkness, and the word umbra in particular, is to unify the three works in rejecting the triumph of epic and empir

Реальные опционы в управлении современной корпорацией: перспективы использования и проблема оценки

In the given article the approaches to the core of strategic management of company are showed, the role and meaning of various indexes for estimation of corporate strategies effectiveness are analyzed. On the basis of characteristic of modern conceptions about management effectiveness of corporation the interconnection of corporations’ strategies with method of real option valuation is revealed, the objective necessity to use this method is disclosed with the aim of increasing the company’s valuation and effectiveness of individual project. The nature of adequate estimation of option value is shown. Though the scientific activity in the given area is very active, there is no method of valuation, which can give precisely the quantitative formula of management decisions, built on the base of real options. For valuation of real options the three main methods are in usage, they are: the Binominal Option Pricing Model, the Black-Scholes Model and the Monte Carlo Method. In the given article the following is presented: the core of the approaches, their benefits and drawbacks and the picture of calculation of Real Option price. In the Conclusion part the resume and recommendations are submitted those of choosing this or that method of valuation.Раскрыты подходы к сущности стратегического управления в компании, проанализированы роль и значение различных показателей для оценки эффективности корпоративных стратегий. На основе характеристики современных представлений об эффективности управления раскрыта взаимосвязь стратегий корпорации с методом реальных опционов, выявляется объективная необходимость использования этого метода для повышения стоимости компании и эффективности отдельного проекта. Показано значение адекватной оценки стоимости реальных опционов. Хотя научная деятельность в данной области весьма активна, еще не существует метода оценки, который бы абсолютно точно мог дать количественное выражение управленческим решениям, построенным на основе реальных опционов. Для оценки стоимости реальных опционов используется три основных метода: биноминальная модель, модель Блэка-Шоулза и метод Монте-Карло. В статье представлены суть каждого подхода, их достоинства и недостатки, а также пример расчетов стоимости реального опциона. В заключение сделан вывод и даны рекомендации по выбору метода оценки стоимости реального опциона

[TIBULLUS] 3.7.175: AN EMENDATION

The anonymous panegyrist concludes his prediction of Messalla's future achievements by prophesying that, after his deeds are duly honoured with triumphs, Messalla will be titled the Great (175–6):ergo ubi praeclaros poscent tua facta triumphos, 175solus utroque idem diceris magnus in orbe.175 praeclaros A: per claros Scaliger | poscent A: ierint F: tulerint Dyer: cierint Lachmann: noscent uel scierint Postgate: peperint NenciniLine 175 contains a well-known textual problem: A (cod. Ambrosianus R. 26 sup., the oldest complete manuscript, apparently the archetype of all complete manuscripts) offers a text that is linguistically unobjectionable, but produces a weak sense; F (Fragmentum Cuiacianum, the only other independent witness, no longer extant) seems to express a more appropriate idea, but in a way that is not idiomatic. Hence the conjectures.</jats:p

Emendations in the Dirae and Lydia

This article argues that the text of the Dirae and Lydia is even more corrupt than current editions give reason to believe, and attempts to emend about a dozen passages