The American Chemical Society (ACS) recently named Philip Bays, professor emeritus of chemistry at Saint Mary’s, and Anthony Serianni, professor of chemistry and biochemistry at Notre Dame as ACS Fellows. Bays said he is impressed with those previously distinguished as ACS Fellows and is humbled to be among that group. “I viewed most of the nominees to have served in ACS governance for many years, or have been researchers who have made important discoveries, or have had significant impact on the public with their outreach work on behalf of chemistry,” Bays said. “I did not see myself in any of those categories.” Bays said the national ACS Committee on Project SEED nominated him for the award. According to the ACS website, the Project SEED summer research program opens new doors for economically disadvantaged students to experience what it’s like to be a chemist. For the past three summers, Bays has worked with Dr. Mary Prorok at Notre Dame to place economically disadvantaged students into summer research positions, he said. “I saw the honor as a breakthrough in terms of recognizing people from small colleges who work so hard to teach and to mentor students and are so often overlooked when compared to people from larger organizations,” Bays said. “I also am excited that the honor places a spotlight on the accomplishments of the Project SEED program and the students who are mentored though it.” Serianni said he was also honored to join an accomplished and distinguished group of ACS Fellows. “I hope to be able to sustain the level of work that the ACS has chosen to acknowledge and expects will continue,” Serianni said. He hopes the recognition will have a positive impact on science education at Notre Dame, he said. “We are continuously striving to raise the quality and impact of our undergraduate and graduate science programs at Notre Dame,” Serianni said. “One metric of quality derives from the awards, distinctions and honors that faculty receive, especially from outside the University. I like to think that receiving this award contributes to this effort in a small but meaningful way.” Serianni said he has many hopes for the future after achieving such an honor. “I hope to share my experience as an academic researcher and entrepreneur with persons and groups outside the University more regularly, and perhaps transition into a community leader down the line where my scientific expertise can be put to more practical use,” Serianni said. Serianni thanked his wife and family, students and collaborators, professors at Albright College and Michigan State, and coworkers at Omicron Biochemicals who all supported his research without any reservations. “The truth about awards and honors is that you rarely see the externalities. Personal achievement, however defined, is misleading,” Serianni said. “It comes at costs paid by people who care about, support and encourage the honoree.” Contact Madeline Miles at [email protected]
The student senate convened Wednesday night to review the functions of the eight other branches of student government and to prepare questions for a University Health Services (UHS) representative’s visit in March.“Hopefully, these presentations [will give] you guys an idea of how you can stay involved in student government after this year,” student body vice president Becca Blais said. Student Union Board (SUB) executive director Louis Bertolotti said SUB was divided into eight departments: AcoustiCafe, AnTostal, the collegiate jazz festival, concerts, festivities, ideas and issues, movies and special events. Three directors of programming moderate three of the departments each, he said. “SUB is huge, so it can be easy to get lost in,” Bertolotti said. “We have over 100 members and the largest budget in the entire student union, so there’s a lot going on.”Bertolotti said he encourages freshman to submit applications for next year’s SUB team.Representatives from each of the class councils also shared with the senate the activities they had planned throughout the year for their classes.“We have this budget and we can decide what to do with it,” Junior Class Council president Sara Dugan said. “ … As far as what juniors have been doing, a lot of our class is abroad, so there’s a lot of focus on keeping the community together. We’ve had letter-writing events and cookouts.” Hall Presidents Council (HPC) co-chair Elizabeth Feeley said HPC mostly dealt with choosing the halls of the year.“All of the work that we do with our presidents throughout the year focuses on developing programming and making sure they’re fostering great communities within their halls,” Feeley said.Student body president Corey Robinson said the executive cabinet consisted of department directors who work to coordinate projects, set goals and discuss the needs of student body. “Basically, what we do as student government, is we’re the mouthpiece to the administration,” Robinson said. “ … We take all that information [from all the departments, councils and boards] to the administration and we work with them. We’re the last frontier between the students and the administration.” Senators also heard from representatives from the Student Union, Judicial Council, Club Coordination Council, Campus Life Council and Off-Campus Council. Following the branch presentations, Flaherty Hall senator Jade Martinez addressed the senate regarding director of University Health Services Sharon McMullen’s visit to senate in March. Senators made suggestions for questions to ask McMullen about STD testing on campus, cost differences between drop-in and scheduled appointments, RecSports training and payment and access to birth control on campus. Tags: judicial councils, RecSports, Senate
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DETROIT – That’s two.The Oakland Athletics bopped the Tigers again on Friday night in Detroit — their 14th consecutive win over the AL Central club — to pick up another road win, 7-2, behind a dominant performance from starter Frankie Montas.The swift victory gave Oakland its second road win in a row after entering the series a measly 5-15 away from home and marked the second consecutive outing in which the A’s starting pitcher went longer than eight innings.Here are three takeaways from …
Variable pricing based on market timing, inventory and profit margins is nothing new for business. Airlines, hotels and restaurants have long employed “yield management” techniques to maximize revenue. But pricing changes are now coming far faster and affecting more products and services. And retailers are beginning to flirt with new factors like identity-based pricing, where what you pay is based on who you are.A new report from the Wall Street Journal reveals the details of online competitors’ pricing strategies, watching up to nine changes in price within one day for a General Electric microwave oven.“Sellers on Amazon.com Inc. changed its price nine times in one day, with the price fluctuating between $744.46 and $871.49, according to data compiled by consumer-price research firm Decide Inc… Best Buy Inc. responded by lifting its online price on the oven to $899.99 from $809.99 after the Amazon prices rose, then lowering it again after Amazon prices for the oven dropped,” the article reported.This practice, known as dynamic pricing, is increasing in frequency as online retailers jockey for position on price monitoring sites like Pricegrabber and Nextag and within meta-commerce portals like eBay and Amazon itself, where merchants position prices against each other to gain coveted promotional spots that can drive sales.Yield Management ≠ Dynamic PricingBecause of these rapidly moving prices, many observers liken this phenomenon to the “yield management” techniques popularized by airlines, hotels and even restaurants (see How Airline-Style Yield Management Could Save Daily Deal Sites). While these practices may appear identical to the consumer, the business motivation behind the price shifts are much different.Yield management is a business practice used for resource-limited goods and services, such as a spa appointment or a hotel room or a table at a restaurant. There is a finite supply of these goods and services throughout any given day – and the slots become worthless if left unfilled. Because the spa, hotel or restaurant has to stay open and keep staff paid for the entirety of their business hours, the more resources that get used, the better. Yield management has one specific goal: getting customers to buy a resource that might otherwise go empty – like an airline seat – at the highest possible price.When a plane flies, it’s going to fly no matter how many seats are filled. That means every empty seat on an airliner (no matter how much appreciated by flyer in the next seat), represents a loss for the airline. Better, the carriers reason, to have a passenger pay something, even if it’s less then the optimal fare, than get nothing at all.The Dynamic Pricing DifferenceEnter dynamic pricing. Depending on when the passenger bought the ticket, the airline’s yield-management algorithms will have adjusted the fare to ensure that the carrier leaves as little money on the table as possible.For retailers, the motivation behind dynamic pricing is a bit different. The object of their game is to get as many goods out the door and into customer’s hands as possible, while making the maximum profit. But other factors come into play. Unlike brick-and-mortar retailers, which can sometimes worry less about competitor pricing if that competitor is located all the way across town – too far for customers to make the trek just to save a few cents – online sellers have to treat every ecommerce site as a potential competitor.Thus, shoppers will often see prices adjusting for various goods as sites like Amazon and Best Buy try to keep their profit margins as high as they can, while also grabbing customers from each other.To get an idea of how much these prices shift around, the owner of one price-watching portal site, Digital Folio, tracked one camera’s price rises and falls over a ten-day period and reported his results on YouTube. Not only did Patrick Carter track a lot of price movement for the camera, but he noted that many of the shopping portal sites like Pricegrabber and Nextag had trouble keeping up with the changes and often reported inaccurate results. A Web Developer’s New Best Friend is the AI Wai… Tags:#Amazon#business#Identity#privacy#web Dynamic pricing is slowly making its way into more and more aspects of consumer’s lives. YieldStar and Rainmaker are software products that enable landlords to apply dynamic pricing to rental properties, based on yield0management principles. Major league sports teams are also using dynamic pricing to sell more tickets, avoid empty seats and maximize the revenue that goes to the teams, not to scalpers.The Rise Of Identity-Based PricingDynamic pricing doesn’t just take the business and its competitors’ margins into account. Online commerce sites are also experimenting with identification-based pricing, which prices items based on what is known about the customer, such as their buying history and browsing behavior. This can have both good and bad implications for the shopper.On the plus side, if a site recognizes that this is the umpteenth time the same customer has window shopped for a particular item, an algorithm may try a lower price, just for that customer, to see if that will close the sale.But if the site notices the customer has a history of buying high-priced items, it might presume they’re willing to pay more for a given item and offer higher prices or more expensive choices, as Mac-using Orbitz customers learned to their dismay this summer.Using identification-based pricing carries risks for retailers, too. A 2004 article in the Journal of Interactive Marketing revealed that “consumer perceptions of trust, price fairness, and repurchase intentions were more favorable to the firm when using a purchase timing tactic than when using buyer identification to offer different prices to different segments.”Consumers, the paper’s authors concluded, trusted price changes made by an ecommerce website when it was done based on timing or other business-related reasons, because that was perceived as fair and understood as the way businesses work. But when it came to the identity of the consumer affecting prices, shoppers quickly became uncomfortable.But given today’s emphasis on mobile transactions and personalized shopping – not to mention increasing online competition and margin pressures – identity-based pricing isn’t likely to go away. Look for more and more retailers to gradually expand dynamic pricing criteria beyond timing and inventory to who is the customer. It won’t make privacy advocates happy, and it could scare off shoppers in the long run, but in the current economy, it will be hard for e-tailers to resist anything that boosts profits right away. Related Posts Top Reasons to Go With Managed WordPress Hosting 8 Best WordPress Hosting Solutions on the Market Why Tech Companies Need Simpler Terms of Servic… brian proffitt