832 115 2MB
Pages 189 Page size 595 x 842 pts (A4) Year 2003
(+:+0)(4')' 24+0%'610 /101)4#2*5 +0 2*+.1512*;
KK
(+:+0)(4')' ,QJP2$WTIGUU 24+0%'610 70+8'45+6; 24'55 24+0%'610 #0& 1:(14&
%QR[TKIJV l
KKK (QT#NGZKCPF(QMKQP
KX
%QPVGPVU #EMPQYNGFIOGPVUVKZ %*#26'4 (TGIG4WUUGNNCPF#HVGT %*#26'4 2TGFKECVKXG6JGQTKGU %*#26'4 +ORTGFKECVKXG6JGQTKGU 6CDNGUV 0QVGUV 4GHGTGPEGUV +PFGZV
X
#EMPQYNGFIOGPVU (
14 51 UJQTV C YQTM CU VJG RTGUGPV QPG VJG NKUV QH RGTUQPU VQ YJQO VJG CWVJQT JCU VJG
RNGCUCPV FWV[ QH CEMPQYNGFIKPI FGDVU KU C NQPI QPG 2CWN $GPCEGTTCH 5QNQOQP (GHGTOCP -KV (KPG *CTXG[ (TKGFOCP # 2 *C\GP 4KEJCTF *GEM #MKJKTQ -CPCOQTK 5CWN -TKRMG 5VGHCP .GWGPDGTIGT ÂĞ[UVGKP .KPPGDQ 2GPGNQRG /CFF[ 'FYCTF 0GNUQP %JCTNGU 2CTUQPU 0GKN 6GPPCPV -CK 9GJOGKGT CPF %TKURKP 9TKIJV &QWDVNGUU VJGTG JCXG DGGP QVJGTU YJQUG PCOGU JCXG GUECRGF O[ JKIJN[ HCNNKDNG OGOQT[ VQ YJQO + OWUV QHHGT CRQNQIKGU CU YGNN CU VJCPMU 5QOG QH VJQUG PCOGF QHHGTGF KPHQTOCVKQP CPF CUUKUVCPEG QP URGEKHKE RQKPVU QH YJKEJ RCTVKEWNCTU YKNN DG PQVGF KP VJG DQF[ QH VJG OQPQITCRJ 1VJGTU JCXG GZGTVGF C INQDCN KPVGNNGEVWCN KPHNWGPEG YJQUG EQPVTKDWVKQP VQ VJG YQTM KU PQV VJG NGUU KORQTVCPV HQT DGKPI JCTFGT VQ NQECNK\G ;GV QVJGTU RTQXKFGF QPG QT CPQVJGT HQTWO KP YJKEJ + EQWNF RTGUGPV XGTUKQPU QH UQOG QH VJG OCVGTKCN HQT ETKVKECN EQOOGPV CPF VQ VJKU NCUV ECVGIQT[ + OWUV PQY CFF *CTT[ (TCPMHWTV YJQO + OGPVKQP KP ITCVKVWFG HQT VJG KPXKVCVKQP VQ EQPVTKDWVG VQ VJG UGTKGU KP YJKEJ VJKU DQQM PQY CRRGCTU
(TGIG4WUUGNNCPF#HVGT 6*' )4'#6 NQIKEKCP )QVVNQD (TGIG YTQVG VJTGG DQQMU GCEJ TGRTGUGPVKPI C UVCIG KP C ITCPF RTQITCO HQT RTQXKFKPI C NQIKECN HQWPFCVKQP HQT CTKVJOGVKE CPF JKIJGT OCVJGOCVKEU *KU
$GITKHHUUEJTKHV
JCNH QH JKU
KPVTQFWEGF C EQORTGJGPUKXG U[UVGO QH U[ODQNKE NQIKE 6JG HKTUV
)TWPFNCIGP
QHHGTGF C FGXCUVCVKPI ETKVKSWG QH RTGXKQWU CEEQWPVU QH VJG
HQWPFCVKQPU QH CTKVJOGVKE YJKNG VJG UGEQPF JCNH QHHGTGF CP QWVNKPG QH JKU QYP KPIGPKQWU RTQRQUGF HQWPFCVKQP 6JG VYQ XQNWOGU QH VJG
)TWPFIGUGV\G
HKNNGF KP VJG
VGEJPKECN FGVCKNU QH JKU QWVNKPG WUKPI JKU NQIKECN U[ODQNKUO CPF GZVGPFGF VJG RTQLGEV HTQO CTKVJOGVKE VJG VJGQT[ QH VJG PCVWTCN PWODGTU VQ OCVJGOCVKECN CPCN[UKU VJG VJGQT[ QH VJG TGCN PWODGTU 7PHQTVWPCVGN[ LWUV CU VJG UGEQPF XQNWOG QH VJG
O
)TWPFIGUGV\G
YCU IQKPI VQ
RTGUU $GTVTCPF 4WUUGNN FKUEQXGTGF C EQPVTCFKEVKQP KP (TGIG U U[UVGO 5WDUGSWGPV YQTM KP NQIKE CPF HQWPFCVKQPU QH OCVJGOCVKEU NCTIGN[ D[RCUUGF VJG )TWPFIGUGV\G
O
WPVKN C EQWRNG QH FGECFGU CIQ YJGP RJKNQUQRJGTU CPF NQIKEKCPU VQQM C PGY
NQQM CV (TGIG U KPEQPUKUVGPV U[UVGO CPF TGEQIPK\GF VJCV OQTG ECP DG UCNXCIGF HTQO KV VJCP JCF RTGXKQWUN[ DGGP VJQWIJV +P VJGUG NCUV [GCTU COGPFGF CPF RCTCFQZHTGG XGTUKQPU
O
QH (TGIG U U[UVGO JCXG DGGP RTQFWEGF UWDUVCPVKCN RQTVKQPU QH ENCUUKECN OCVJGOCVKEU JCXG DGGP FGXGNQRGF YKVJKP UWEJ U[UVGOU CPF C UEJQQN QH PGQ(TGIGCPU JCU CTKUGP ENCKOKPI RJKNQUQRJKECN DGPGHKVU HQT UWEJ CP CRRTQCEJ VQ VJG HQWPFCVKQPU QH OCVJGOCVKEU 6JG VJQWIJV WPFGTN[KPI VJG RTGUGPV OQPQITCRJ KU VJCV JQYGXGT YQPFGTHWN VJG RJKNQUQRJKECN DGPGHKVU QH PGQ(TGIGCP TGEQPUVTWEVKQPU QH OCVJGOCVKEU VJG CUUGUUOGPV QH VJG WNVKOCVG UKIPKHKECPEG QH CP[ PGQ(TGIGCP CRRTQCEJ OWUV CYCKV C FGVGTOKPCVKQP QH LWUV JQY
OWEJ
QH OCVJGOCVKEU ECP DG TGEQPUVTWEVGF YKVJQWV TGUQTV VQ
CF JQE
J[RQVJGUGU QP
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
O
(TGIG U QYP UVTCVGI[ VJCP FQ QVJGTU 0GQ(TGIGCPU UQOGVKOGU UWIIGUV VJCV VJG ENQUGT QPG UVC[U VQ (TGIG VJG ITGCVGT VJG RJKNQUQRJKECN DGPGHKVU +V KU PQV O[ CKO KP VJG RTGUGPV YQTM
VQ CTIWG HQT QT CICKPUV UWEJ ENCKOU 9JCV + FQ KPUKUV KU VJCV CP[ RJKNQUQRJKECN ICKPU OWUV DG YGKIJGF CICKPUV OCVJGOCVKECN NQUUGU (QT VJG UWTXG[ VQ HQNNQY UJQYU VJCV UQOG PGQ(TGIGCP CRRTQCEJGU [KGNF OWEJ OQTG QH OCVJGOCVKEU VJCP QVJGTU CPF KV QHVGP UGGOU VJCV VJG NGUU QPG MGGRU QH (TGIG VJG OQTG QPG IGVU QH OCVJGOCVKEU 0QPGVJGNGUU GXGP KP VJG NCUV U[UVGO VQ DG EQPUKFGTGF JGTG YJKEJ [KGNFU CNN QH QTVJQFQZ OCVJGOCVKEU CPF OQTG CNUQ VJGTG TGOCKPU QPG UOCNN DWV UKIPKHKECPV KPITGFKGPV QH (TGIGCP CPEGUVT[
O
#U C PGEGUUCT[ RTGNKOKPCT[ VQ VJG UWTXG[ QH CVVGORVU VQ TGRCKT (TGIG U U[UVGO VJCV U[UVGO OWUV KVUGNH DG TGXKGYGF 6JG WPFGTN[KPI NQIKE QH VJG CUUWORVKQP CFFGF VJGTGVQ KP VJG
)TWPFIGUGV\G
$GITKHHUUEJTKHV
VJG
HQT RWTRQUGU QH FGXGNQRKPI OCVJGOCVKEU
O
VJCV FGXGNQROGPV KVUGNH VJG RCTCFQZ 4WUUGNN HQWPF KP VJG U[UVGO CPF 4WUUGNN U QYP CVVGORVU VQ TGRCKT KV OWUV GCEJ DG DTKGHN[ GZCOKPGF CPF VJG OCVJGOCVKECN CPF RJKNQUQRJKECN IQCNU C PGQ(TGIGCP RTQLGEV QT HQT VJCV OCVVGT CP[ RTGUGPVFC[ HQWPFCVKQPCN RTQITCO OKIJV UGV KVUGNH DTKGHN[ UWTXG[GF
(TGIGOU.QIKE 9JKNG (TGIG KU JQPQTGF CU C HQWPFGT QH OQFGTP NQIKE JKU U[UVGO YKNN PQV NQQM CV CNN HCOKNKCT VQ RTGUGPVFC[ UVWFGPVU QH VJG UWDLGEV 6Q DGIKP YKVJ (TGIG WUGU C PQPNKPGCT PQVCVKQP VJCV PQ UWDUGSWGPV YTKVGT JCU HQWPF KV EQPXGPKGPV VQ CFQRV CPF VJCV YKNN PQV DG GPEQWPVGTGF KP CP[ OQFGTP VGZVDQQM 5KPEG VJG RTGUGPV YQTM KU CP[VJKPI DWV CP JKUVQTKECN
O
VTGCVKUG VJG PQVCVKQP YKNN DG TWVJNGUUN[ OQFGTPK\GF YJGP (TGIG U U[UVGO KU GZRQWPFGF JGTG
O
$WV GXGP YJGP VJG PQVCVKQP KU OQFGTPK\GF (TGIG U
JKIJGTQTFGT
NQIKE JCU C
ITCOOCT VJCV VJQWIJ UVKNN UKORNGT D[ HCT VJCP VJG ITCOOCT QH )GTOCP QT 'PINKUJ QT CP[ PCVWTCN NCPIWCIG KU CRRTGEKCDN[ OQTG EQORNGZ VJCP VJG ITCOOCT QH VJG
O
HKTUVQTFGT
NQIKE
QH RTGUGPVFC[ VGZVDQQMU 0QPGVJGNGUU CHVGT (TGIG U WPHCOKNKCT WPFGTN[KPI ITCOOCVKECN CPF QPVQNQIKECN CUUWORVKQPU JCXG DGGP GZRQWPFGF QPN[ C HGY HWTVJGT GZRNCPCVKQPU UJQWNF DG TGSWKTGF VQ GPCDNG VJG TGCFGT HCOKNKCT YKVJ HKTUVQTFGT NQIKE VQ WPFGTUVCPF JKIJGTQTFGT NQIKE
O
.GV WU DGIKP VJGP YKVJ (TGIG U ITCOOCT (QT (TGIG VJGTG CTG VYQ ITCOOCVKECN ECVGIQTKGU QT ITCOOCVKECN V[RGU QH YJCV JG ECNNU DG ECNNGF 0 QT VJG ECVGIQT[ QH
PCOGU
UKPIWNCT FGHKPKVG FGUETKRVKQPU UWEJ CU HTQO KPFGZKECNU CPF FGUKIPCVG CP
Q
R
VJKPI
UCVWTCVGF
GZRTGUUKQPU 6JG HKTUV JGTG VQ
KPENWFGU RTQRGT PCOGU UWEJ CU
Q
Q
VJG OQUV HCOQWU UVWFGPV QH 5QETCVGU
QDLGEV
R R
2NCVQ DWV CNUQ VJCV CTG HTGG
YJKEJ OC[ DG C RGTUQP QT RNCEG TCVJGT VJCP C
KP C EQNNQSWKCN UGPUG KPFGRGPFGPVN[ QH EQPVGZV 6JG UGEQPF JGTG VQ DG ECNNGF 5
QT VJG ECVGIQT[ QH
UGPVGPEGU
KPENWFGU FGENCTCVKXG UGPVGPEGU UWEJ CU
Q
2NCVQ YCU VJG OQUV
R
HCOQWU UVWFGPV QH 5QETCVGU
VJCV CTG HTGG HTQO KPFGZKECNU CPF JCXG C
VTWVJXCNWG
VTWG QT
HCNUG KPFGRGPFGPVN[ QH EQPVGZV +P CFFKVKQP VJGTG CTG OCP[ V[RGU QH
WPUCVWTCVGF
GZRTGUUKQPU YKVJ QPG QT OQTG
ICRU VJCV KH HKNNGF KP YKVJ CP GZRTGUUKQP QT GZRTGUUKQPU QH CRRTQRTKCVG V[RG U YQWNF RTQFWEG CP GZRTGUUKQP QH V[RG 0 QT 5 6JQUG VJCV VJWU HKNNGF KP YQWNF RTQFWEG GZRTGUUKQPU QH V[RG 5 TCVJGT VJCP V[RG 0 YKNN DG QH OQUV KPVGTGUV JGTG CPF VJGUG OC[ DG ECNNGF
RTGFKECVGU
KP C DTQCF UGPUG +P C PQVCVKQP FGTKXGF HTQO VJG OWEJ NCVGT YTKVGTU
-CUKOKGT\ #LFWMKGYKE\ CPF ;GJQUJWC $CT*KNNGN CP GZRTGUUKQP YKVJ
W W
HKNNGF KP YKVJ GZRTGUUKQPU QH V[RGU 6 DG UCKF VQ DG C RTGFKECVG QH V[RG 56
M
DNCPMU KP KV VJCV KH
6M YKNN RTQFWEG CP GZRTGUUKQP QH V[RG 5 OC[
6M 6JG UKORNGUV ECUG KU VJCV QH
RTGFKECVGU
KP VJG
PCTTQY UGPUG QH GZRTGUUKQPU QH V[RG 50 5QOG QVJGT ECUGU CTG UJQYP KP 6#$.' # 6JG NCDGN
TGNCVKQPCN RTGFKECVG
YKNN DG WUGF HQT VJG VYQRNCEG VJTGGRNCEG CPF
OCP[RNCEG V[RGU 500 5000 CPF UQ QP YKVJ VJG PWODGT QH RNCEGU DGKPI OGPVKQPGF GZRNKEKVN[ YJGP KV KU ITGCVGT VJCP VYQ 6JG NCDGN
JKIJGT RTGFKECVG
YKNN DG WUGF HQT VJG
UGEQPFNGXGN VJKTFNGXGN CPF JKIJGTNGXGN V[RGU 5 50 5 5 50 CPF UQ QP YKVJ VJG PWODGT QH VJG NGXGN DGKPI OGPVKQPGF GZRNKEKVN[ KH KV KU JKIJGT VJCP VJG UGEQPF 5KOKNCTN[ YKVJ VJG NCDGN
JKIJGT TGNCVKQPCN RTGFKECVG
YJKEJ GXGP YKVJ LWUV VYQ RNCEGU CPF GXGP CV
LWUV VJG UGEQPF NGXGN EQXGTU C XCTKGV[ QH V[RGU KPENWFKPI PQV QPN[ 5 50 50 CU UJQYP KP VJG VCDNG DWV CNUQ HQT KPUVCPEG 5 500 500 CPF UWEJ OKZGF V[RGU CU 5 50 500 CPF GXGP 50 50 +V KU CP KPUVTWEVKXG GZGTEKUG VQ NQQM HQT PCVWTCN NCPIWCIG GZCORNGU KNNWUVTCVKPI UWEJ RQUUKDKNKVKGU
O
+P (TGIG YJKEJ CHVGT JKU VJTGG DQQMU KU KVU CWVJQT U OQUV HCOQWU YQTM (TGIG KPVTQFWEGF C FKUVKPEVKQP DGVYGGP VJG
UGPUG
GZRTGUUGF CPF VJG
TGHGTGPV
FGPQVGF D[
CP GZRTGUUKQP 6JG TGCFGT YKNN PQV IQ HCT YTQPI YJQ VJKPMU QH YJCV (TGIG ECNNU VJG
Q
R
UGPUG
QH CP GZRTGUUKQP QH YJCVGXGT V[RG CU TQWIJN[ GSWKXCNGPV VQ YJCV QVJGT
RJKNQUQRJGTU YQWNF ECNN KVU
Q
R
OGCPKPI 9JCV VJG
Q
R
TGHGTGPV
QH CP GZRTGUUKQP KU VQ DG
WPFGTUVQQF VQ DG XCTKGU HTQO ITCOOCVKECN V[RG VQ ITCOOCVKECN V[RG +P VJG ECUG QH C RTQRGT PCOG QT UKPIWNCT FGHKPKVG FGUETKRVKQP QH V[RG 0 VJG TGHGTGPV KU VJG QDLGEV FGUKIPCVGF VJG VJKPI DGCTKPI VJG PCOG QT CPUYGTKPI VQ VJG FGUETKRVKQP %NGCTN[ VYQ GZRTGUUKQPU QH V[RG 0 HQT KPUVCPEG CPF
Q
R
VJG OQUV HCOQWU VGCEJGT QH #TKUVQVNG
JCXG VJG UCOG TGHGTGPV
M
Q
ECP JCXG FKHHGTGPV UGPUGU GXGP VJQWIJ VJG[
KP VJKU KPUVCPEG 2NCVQ 'ZRTGUUKQPU YKVJ FKHHGTGPV UGPUGU DWV VJG
UCOG TGHGTGPV RTQXKFG FKHHGTGPV
Q
R
OQFGU QH RTGUGPVCVKQP
6JG UGPUG QH C UGPVGPEG QH V[RG 5 (TGIG ECNNU C HCT YTQPI YJQ VJKPMU QH YJCV (TGIG ECNNU C RJKNQUQRJGTU ECNN C
Q
R
VJG OQUV HCOQWU UVWFGPV QH 5QETCVGU
R
Q
R
VJQWIJV
QH VJG UCOG QDLGEV
VJQWIJV
CPF VJG TGCFGT YKNN PQV IQ
CU TQWIJN[ GSWKXCNGPV VQ YJCV QVJGT
RTQRQUKVKQP 6JG TGHGTGPV QH C UGPVGPEG QH V[RG 5 (TGIG VCMGU VQ DG
UKORN[ KVU VTWVJXCNWG 1DXKQWUN[ VYQ UGPVGPEGU QH V[RG 5 HQT KPUVCPEG
R Q R Q M
HCOQWU UVWFGPV QH 5QETCVGU KU C HGCVJGTNGUU DKRGF
CPF
VJG[ JCXG VJG UCOG TGHGTGPV
CPF
Q
2NCVQ KU VJG OQUV
R Q
2NCVQ KU VJG OQUV HCOQWU VGCEJGT QH #TKUVQVNG QT
R
2NCVQ
2NCVQ KU C TCVKQPCN CPKOCN ECP JCXG FKHHGTGPV UGPUGU VJQWIJ KP VJGUG KPUVCPEGU VJG VTWVJXCNWG
VTWG
5Q OWEJ HQT VJG TGHGTGPVU QH EQORNGVG QT UCVWTCVGF GZRTGUUKQPU #U HQT VJG
W
TGHGTGPVU QH KPEQORNGVG QT WPUCVWTCVGF GZRTGUUKQPU QH V[RGU 0
QT 5
W
VJG[ CTG
UWRRQUGF VQ DG KPEQORNGVG NKMG VJG GZRTGUUKQPU VJGOUGNXGU EQPVCKPKPI ICRU VJCV YJGP CRRTQRTKCVGN[ HKNNGF KP YKNN RTQFWEG CP QDLGEV QT C VTWVJXCNWG 6JG TGHGTGPVU QH GZRTGUUKQPU QH V[RG 0 5
W
W
(TGIG ECNNU
HWPEVKQPU
CPF VJG TGHGTGPVU QH GZRTGUUKQPU QH V[RG
VJCV KU VJG TGHGTGPVU QH RTGFKECVGU JG ECNNU
EQPEGRVU
%QTTGURQPFKPI VQ VJG FKHHGTGPV
ITCOOCVKECN V[RGU QH RTGFKECVGU CTG FKHHGTGPV QPVQNQIKECN V[RGU QH EQPEGRVU KPENWFKPI EQPEGRVU QH VJG PCTTQYGUV HKTUVNGXGN QPGRNCEG MKPF DWV CNUQ
TGNCVKQPCN EQPEGRVU
CPF
JKIJGT EQPEGRVU
(QT C EQPEGRV QH V[RG 50 KH HKNNKPI KV KP YKVJ C EGTVCKP QDLGEV RTQFWEGU VJG VTWVJXCNWG
VTWG
VJGP VJG QDLGEV KU UCKF VQ
HCNN WPFGT
VJG EQPEGRV (QT KPUVCPEG CUUWOKPI
HQT VJG UCMG QH GZCORNG VJCV 2NCVQ OC[ VTWN[ DG ECNNGF YKUG UKPEG VJG EQPEGRV FGPQVGF D[
QW
R Q
KU YKUG YJKEJ KU VQ UC[ VJG EQPEGRV QH DGKPI YKUG YJGP HKNNGF KP D[ VJG QDLGEV
FGPQVGF D[
Q
R
2NCVQ YJKEJ KU VQ UC[ VJG QDLGEV 2NCVQ RTQFWEGU VJG VTWVJXCNWG FGPQVGF D[
R
2NCVQ KU YKUG YJKEJ KU VQ UC[ VJG VTWVJXCNWG
VTWG
KV HQNNQYU VJCV VJG QDLGEV 2NCVQ HCNNU
WPFGT VJG EQPEGRV QH DGKPI YKUG 6JG UCOG VGTOKPQNQI[ KU WUGF KP EQPPGEVKQP YKVJ QVJGT V[RGU QH RTGFKECVGU UKPEG 5QETCVGU VCWIJV 2NCVQ VJG RCKT 5QETCVGU CPF 2NCVQ KP VJCV QTFGT HCNN WPFGT VJG TGNCVKQPCN EQPEGRV QH JCXKPI VCWIJV UKPEG 2NCVQ KU CP GZCORNG QH UQOGQPG YJQ KU YKUG VJG EQPEGRV QH DGKPI YKUG HCNNU WPFGT VJG JKIJGT EQPEGRV QH DGKPI GZGORNKHKGF D[ 2NCVQ 6YQ EQPEGRVU CTG ECNNGF
EQGZVGPUKXG
KH VJG[ CRRN[ VQ VJG UCOG KVGOU QT KP QVJGT
YQTFU KH YJCVGXGT HCNNU WPFGT GKVJGT HCNNU WPFGT VJG QVJGT 0QY VJG ETWEKCN FKHHGTGPEG DGVYGGP VJG
TGHGTGPVU
QH RTGFKECVGU YJKEJ KU VQ UC[ EQPEGRVU CPF VJG
UGPUGU
QH RTGFKECVGU
KU VJCV CEEQTFKPI VQ (TGIG EQGZVGPUKXG EQPEGRVU CTG VJG UCOG 6JWU KH GXGT[ HGCVJGTNGUU DKRGF KU C TCVKQPCN CPKOCN CPF XKEG XGTUC VJGP VJQWIJ VJG UGPUGU QH
R QW
DKRGF
CPF
KU C TCVKQPCN CPKOCN
R
QW
KU C HGCVJGTNGUU
CTG FKHHGTGPV VJG EQPEGRV QH DGKPI C HGCVJGTNGUU
DKRGF CPF VJG EQPEGRV QH DGKPI C TCVKQPCN CPKOCN CTG VJG UCOG +V UQWPFU QFF VQ UC[ UQ CPF VJG FGITGG QH QFFKV[ KU C OGCUWTG QH VJG FGITGG QH
O
FGRCTVWTG QH (TGIG U VGEJPKECN WUCIG QH
Q
R
EQPEGRV
HTQO VJG QTFKPCT[ WUCIG QH
Q
R
EQPEGRV
YJKEJ VGPFU VQ UWIIGUV VJG UGPUG TCVJGT VJCP VJG TGHGTGPV QH C RTGFKECVG 6JG NCDGN
Q
R
EQPEGRV
YCU KP HCEV EJQUGP D[ (TGIG YGNN DGHQTG JG TGEQIPK\GF VJG KORQTVCPEG QH
U[UVGOCVKECNN[ FKUVKPIWKUJKPI UGPUG CPF TGHGTGPEG $[ JKPFUKIJV KV UGGOU JG OKIJV JCXG
FQPG YGNN CHVGT TGEQIPK\KPI VJG KORQTVCPEG QH VJCV FKUVKPEVKQP VQ TGXKUG JKU VGTOKPQNQI[ + YCU VGORVGF VQ UWDUVKVWVG
Q
R Q R
ENCUUKHKECVKQP
Q
GZRQUKVKQP DWV JCXG UVWEM YKVJ
EQPEGRV
HQT
R
EQPEGRV
KP VJG HQTGIQKPI UJQTV
DGECWUG KV KU UVKNN WUGF D[ OQUV QH VJG
PGQ(TGIGCPU YKVJ YJQUG XKGYU + YKNN DG EQPEGTPGF +P (TGIGCP VGTOKPQNQI[ VJGP VQ VJG ITCOOCVKECN ECVGIQTKGU QH PCOGU UGPVGPEGU CPF RTGFKECVGU VJGTG EQTTGURQPF VJG QPVQNQIKECN ECVGIQTKGU QH QDLGEVU VTWVJXCNWGU CPF
Q
R
O
EQPEGRVU 6JG HQTOCN NCPIWCIG QH (TGIG U JKIJGTQTFGT NQIKE KU OQTG EQORNGZ VJCP VJG
HQTOCN NCPIWCIGU QH VJG HKTUVQTFGT NQIKE GZRQWPFGF KP RTGUGPVFC[ VGZVDQQMU KP VJCV KV OCMGU RTQXKUKQP HQT RTGFKECVGU QH CNN V[RGU FGPQVKPI EQPEGRVU QH CNN V[RGU
5Q OWEJ HQT VJG ITCOOCT DGJKPF VJG NQIKE 6WTPKPI VQ NQIKE KVUGNH OQFGTP VGZVDQQMU KPVTQFWEG VJG UVWFGPV VQ VJG PQVKQPU QH C HKTUVQTFGT HQT KFGPVKV[ CPF WUWCNN[ QVJGT
PQPNQIKECN
RNCEG QPGU QT UGPVGPEG U[ODQNU CPF QT EQPUVCPVU #NUQ KPVTQFWEGF CTG
HWPEVKQP U[ODQNU KPENWFKPI RNCEG QPGU
TWNGU QH HQTOCVKQP
CPF VJG PQVKQP QH C
HTQO XCTKCDNGU CPF EQPUVCPVU WUKPI HWPEVKQP U[ODQNU RWVVKPI VGTOU KP VJG RNCEGU QH TGNCVKQP U[ODQNU CPF
PQVKQPU QH
HTGG
CPF
DQWPF
XCTKCDNGU CPF
YKVJ VJG U[ODQN
U[ODQNU PRNCEG TGNCVKQP U[ODQNU KPENWFKPI
PRNCEG
HQTOWNCU WUKPI VJG NQIKECN QRGTCVQTU `
NCPIWCIG
CVQOKE HQTOWNC
HQTOWNC
VGTO
DWKNV WR
QDVCKPGF D[
DWKNV WR HTQO CVQOKE
⨠â â â â CNQPI YKVJ VJG CPEKNNCT[
QRGP
CPF
ENQUGF
HQTOWNCU YKVJ UQOG XCTKCDNGU
HTGG CPF YKVJ CNN XCTKCDNGU DQWPF TGURGEVKXGN[ #NUQ KPVTQFWEGF EGTVCKP KP FKHHGTGPV DQQMU UWEJ PCOGU CU
Q
M
TWNGU QH FGFWEVKQP
YJKEJ OC[ VCMG YKFGN[ FKHHGTGPV HQTOU
VJG FKHHGTGPV HQTOCVU HQT FGFWEVKQPU WUGF KP FKHHGTGPV DQQMU IQKPI D[
R Q
*KNDGTVUV[NG
CPF
R Q
)GPV\GPUV[NG
CPF
(KVEJUV[NG
DQQMU VQ GSWKXCNGPV PQVKQPU QH YJCV KV KU HQT QPG HQTOWNC VQ DG JGPEG VQ GSWKXCNGPV PQVKQPU QH C
VJGQT[
RM
DWV NGCF KP CNN
FGFWEKDNG
HTQO QVJGTU CPF
EQPUKUVKPI QH CNN VJG HQTOWNCU ECNNGF
VJGQTGOU
QH
VJG VJGQT[ VJCV CTG FGFWEKDNG HTQO EGTVCKP URGEKHKGF HQTOWNCU ECNNGF VJG PQPNQIKECN CZKQOU
QH VJG VJGQT[ (COKNKCTKV[ YKVJ CNN VJGUG PQVKQPU OWUV DG RTGUWRRQUGF JGTG DWV EGTVCKP
EQPXGPVKQPU VJCV CTG PQV EQXGTGF KP CNN VGZVDQQMU OC[ DG DTKGHN[ TGXKGYGF 6Q DGIKP YKVJ KV RTQXGU EQPXGPKGPV KP RTCEVKEG YJGP YTKVKPI QWV HQTOWNCU VQ OCMG EGTVCKP FGRCTVWTGU HTQO YJCV KP RTKPEKRNG QWIJV VQ DG YTKVVGP +P RCTVKEWNCT HQT VJG UCMG QH EQPEKUGPGUU CPF ENCTKV[ EGTVCKP
FGHKPGF
U[ODQNU CTG CFFGF VQ VJG
UKORNGUV ECUG KU VJG KPVTQFWEVKQP QH
Z
l
[
â`Z[
l
HQT
RTKOKVKXG
FKUVKPEVPGUU
QT QHHKEKCN U[ODQNU 6JG
D[ VJG WUWCN FGHKPKVKQP CU HQNNQYU
l Q
9JCV KV OGCPU VQ UC[ VJCV
KU
R
FGHKPGF
D[ KU VJCV QHHKEKCNN[
l O
KUP V RCTV QH VJG
PQVCVKQP CV CNN CPF VJCV VJG NGHV UKFG QH KU VQ DG VCMGP UKORN[ CU CP WPQHHKEKCN CDDTGXKCVKQP HQT VJG TKIJV UKFG QH 6JG
Q
R
FGHKPKVKQP
DWV OGTGN[ CP CDDTGXKCVKQP HQT C VCWVQNQI[ QH VJG HQTO
KU VJWU PQV C UWDUVCPVKXG CZKQO R
â R 6JG UNCUJ PQVCVKQP HQT
PGICVKQP OC[ CNUQ DG WUGF YKVJ EGTVCKP PQPNQIKECN TGNCVKQP U[ODQNU YJGP VJGKT UJCRG RGTOKVU #PQVJGT UNKIJVN[ NGUU UKORNG ECUG QHVGP PQV EQXGTGF KP VGZVDQQMU KU VJCV QH WPKSWG GZKUVGPEG
â HQT
YKVJ VYQ QH VJG UGXGTCN GSWKXCNGPV WUWCN FGHKPKVKQPU DGKPI CU HQNNQYU
C
âZÏ Z â âZÏ Z âZâZ Ï Z Ï Z â Z Z
D
âZÏ Z â âZâ[ Ï [ â [ Z
*GTG VJG HKTUV CPF UGEQPF EQPLWPEVU QH VJG EQPLWPEVKQP QP VJG TKIJV KP C CTG ECNNGF VJG GZKUVGPEG
CPF
WPKSWGPGUU
ENCWUGU TGURGEVKXGN[
;GV CPQVJGT CPF NGUU UKORNG ECUG OC[ CTKUG YJGP QPG JCU CUUWOGF CU CP CZKQO QT
Q
âÏ Z +V OC[ VJGP DG EQPXGPKGPV VQ IKXG C VJKU Z D[ KPVTQFWEKPI C EQPUVCPV E CPF CUUWOKPI Ï E 6JG CUUWORVKQP Ï E KU
FGFWEGF CU C VJGQTGO UQOGVJKPI QH VJG HQTO PCOG VQ
R
VJGP ECNNGF CP HQTOWNC
FGHKPKVKQP CPF
âÏ Z VJG RTGUWRRQUKVKQP QH VJCV FGHKPKVKQP #P[
Ï E ECP VJGP DG TGICTFGF KPFKHHGTGPVN[ CU CDDTGXKCVKPI GKVJGT QH VJG HQNNQYKPI
âZ â[ Ï [ â [ Z â Ï Z
C
+ UC[
KORNKEKV
Q
R
KPFKHHGTGPVN[
D
âZ â[ Ï [ â [ Z Ï Z
DGECWUG C ECP DG FGFWEGF HTQO D CPF XKEG XGTUC WUKPI VJG
âÏ Z 0QVG VJCV Ï E GZRCPFU KPVQ C NQIKECN EQPUGSWGPEG QH VJCV RTGUWRRQUKVKQP 0QVG CNUQ VJCV KH Ï E KU QH VJG HQTO `θ E KV KU TGCNN[ C OCVVGT QH RTGUWRRQUKVKQP
KPFKHHGTGPEG YJGVJGT QPG HKTUV WPRCEMU VJG CDDTGXKCVKQP KP
θ E CPF VJGP CRRNKGU PGICVKQP
QT HKTUV CRRNKGU PGICVKQP CPF VJGP WPRCEMU VJG CDDTGXKCVKQP KP `θ E (QT VJG VYQ TGUWNVU YJKEJ TGCF CU HQNNQYU
C
`âZ â[ Ï [
â [ Z â θ Z
D
âZ â[ Ï [ â [ Z â `θ Z
CTG FGFWEKDNG HTQO GCEJ QVJGT CU YGTG C CPF D CPF VJG UCOG JQNFU HQT QVJGT EQORQWPFU VJCP PGICVKQP 5VKNN [GV CPQVJGT CPF GXGP NGUU UKORNG ECUG KU VJG OCP[RNCEG CPCNQIWG QH VJG CDDTGXKCVQT[ EQPXGPVKQP LWUV FKUEWUUGF 9JGP QPG JCU CUUWOGF QT FGFWEGF QPG OC[
Q
IKXG C PCOG VQ
R
VJKU
Z
D[ KPVTQFWEKPI C
HWPEVKQP U[ODQN H
â[âZÏ [ Z
CPF CUUWOKPI
â[Ï [ H [ 6JG WPRCEMKPI VQ GNKOKPCVG H RTQEGGFU CPCNQIQWUN[ VQ VJG WPRCEMKPI VQ GNKOKPCVG
KP VJG QPGRNCEG ECUG #PF YJCV JCU LWUV DGGP UCKF CDQWV C QPGRNCEG
E
HWPEVKQPU[ODQN
H
CRRNKGU CNUQ VQ OCP[RNCEG HWPEVKQPU[ODQNU
O
$GTVTCPF 4WUUGNN U HCOQWU
VJGQT[ QH FGUETKRVKQPU
YJKEJ + YKNN YTKVG CU KQVC Îı VJCV CVVCEJGU VQ C XCTKCDNG XCTKCDNG VQ HQTO C VGTO VJCV DGJCXGU NKMG CP PWODGT QH HTGG XCTKCDNGU QVJGT VJCP U[ODQN
CDQXG YQWNF DG
E
Z
PRNCEG
Z
RTQXKFGU C IGPGTCN PQVCVKQP
CPF C HQTOWNC JCXKPI
HWPEVKQP U[ODQN YJGTG
P
Z
CU C HTGG
KU VJG
+P VJKU PQVCVKQP QWT EQPUVCPV QT RNCEG HWPEVKQP
ÎıZÏ Z YJKNG H [ YQWNF DG ÎıZÏ [ Z +P DQVJ Z EQWPVU CU C
DQWPF XCTKCDNG %QPVGZVU EQPVCKPKPI ÎıVGTOU CTG GZRCPFGF CU KPFKECVGF CDQXG %GTVCKP CDDTGXKCVQT[ EQPXGPVKQPU CRRN[ URGEKHKECNN[ VQ VJG FKURNC[KPI QH NCYU
CZKQOU CPF VJGQTGOU QH C VJGQT[ 6JGUG CICKP OC[ DG KNNWUVTCVGF D[ VJG ECUG QH KFGPVKV[ YJGTG YG JCXG VJG NQIKECN NCY QH
KPFKUEGTPKDKNKV[ QH KFGPVKECNU
YJKEJ KP OCP[ VGZVDQQM
RTGUGPVCVKQPU KU VCMGP CU C NQIKECN CZKQO CPF KP QVJGTU CRRGCTU CU C NQIKECN VJGQTGO +PFKUEGTPKDKNKV[ DG UVCVGF CU HQNNQYU
Z
[
â Ï(Z â Ï [
1PG QH VJG EQPXGPVKQPU KNNWUVTCVGF D[ VJKU YC[ QH UVCVKPI VJG NCY KU VJCV VJQWIJ YG CNNQY QWTUGNXGU VQ URGCM KP VJG UKPIWNCT QH TGCNN[ JCU JGTG KU CP CZKQO
UEJGOG
Q R VJG
CZKQO QT VJGQTGO QH KPFKUEGTPKDKNKV[ YJCV QPG
OGCPKPI C TWNG VQ VJG GHHGEV VJCV CNN HQTOWNCU QH C
EGTVCKP HQTO CTG VQ DG EQWPVGF CU CZKQOU QT C VJGQTGO
UEJGOG
OGCPKPI C TGUWNV VQ VJG
GHHGEV VJCV CNN HQTOWNCU QH C EGTVCKP HQTO CTG VJGQTGOU 9JCV KU FKURNC[GF KP KU PQV
Q R VJG
NCY DWV VJG IGPGTCN HQTO QH CP
KPUVCPEG
QH VJG UEJGOG YJGTGKP
Ï OC[ DG CP[
HQTOWNC #EVWCNN[ FQGU PQV [GV HWNN[ FKURNC[ VJG IGPGTCN HQTO QH CP KPUVCPEG QH VJG NCY UKPEG KV KU EQPXGPVKQPCN KP FKURNC[KPI NCYU VQ QOKV KPKVKCN WPKXGTUCN SWCPVKHKGTU 6JWU YJCV CP KPUVCPEG TGCNN[ NQQMU NKMG KU VJKU
C
âZâ[(Z [ â Ï(Z â Ï [
#PF CEVWCNN[ GXGP C UVKNN FQGU PQV [GV HWNN[ GZJKDKV VJG IGPGTCN HQTO QH CP KPUVCPEG QH VJG NCY UKPEG KV KU EQPXGPVKQPCN KP FKURNC[KPI NCYU VQ QOKV XCTKCDNGU VJCV OC[ DG RTGUGPV 6JWU YJCV CP KPUVCPEG
D
âW
Wâ
âZâ[(Z [ â Ï(Z W
WM
W
WM
RCTCOGVGTU
TGCNN[
QT CFFKVKQPCN HTGG
NQQMU NKMG KU VJKU
â Ï [ W
W
WM
.KMG CNN VJG QVJGT EQPXGPVKQPU VJCV JCXG DGGP FGUETKDGF UQ HCT VJGUG EQPXGPVKQPU CDQWV FKURNC[KPI CZKQOU CPF VJGQTGOU QH HKTUVQTFGT NQIKE YKNN CRRN[ CNUQ VQ JKIJGTQTFGT NQIKE
6JGUG EQPXGPVKQPU JCXG DGGP DTKGHN[ FGUETKDGF JGTG + UC[ DGECWUG PQV CNN VGZVDQQMU EQXGT VJGO 6JGTG KU QPG HWTVJGT KORQTVCPV VQRKE VJCV XGT[ HGY VGZVDQQMU EQXGT VJCV QH
HKTUVQTFGT NCPIWCIGU CPF VJGQTKGU # OCP[UQTVGF NCPIWCIG KU LWUV
OCP[UQTVGF
NKMG CP QTFKPCT[ QPG GZEGRV VJCV VJGTG KU OQTG VJCP QPG UV[NG QH XCTKCDNGU (QT KPUVCPEG KP C IGQOGVTKECN VJGQT[ CDQWV RQKPVU CPF NKPGU KV OC[ DG EQPXGPKGPV VQ JCXG QPG UV[NG QH XCTKCDNG : ;