Critical Exponents for Granular Phase Transitions

The solid--fluid phase transition of a granular material shaken horizontally is investigated numerically. We find that it is a second-order phase transition and propose two order parameters, namely the averaged kinetic energy and the averaged granular temperature, to determine the fluidization point precisely. It scales with the acceleration of the external vibration. Using this fluidization point as critical point, we discuss the scaling of the kinetic energy and show that the kinetic energy and the granular temperature show two different universal critical point exponents for a wide range of excitation amplitudes.Comment: 6 pages, including 6 figures. Uses Epic and EEpic macros (provided

Tumbling Motion of Elliptical Particles in Viscous Two-Dimensional Flow

The settling dynamics of spherical and elliptical particles in a viscous Newtonian fluid are investigated numerically using a finite difference technique. The terminal velocity for spherical particles is calculated for different system sizes and the extrapolated value for an infinite system size is compared to the Oseen approximation. Special attention is given to the settling and tumbling motion of elliptical particles where their terminal velocity is compared with the one of the surface equivalent spherical particle.Comment: 13 pages, 8 figures (within text), uses IJMPC macros (included

Is the rust belt's revival real?

An exploration of the causes of the improved performance of the Great Lakes region in the 1990-91 recession relative to past economic downturns, and a prediction that the mild levels and duration of employment loss posted here during the past two years cannot be assured to continue in the next recession.Great Lakes

Why U.S. managers might be more short-run oriented than the Japanese

A consideration of whether differences between U.S. and Japanese business practices have led the Japanese to focus on longer-run goals than we do.Japan ; Management

Path dependence, corporate governance and complementarity

In a series of recent papers, Mark Roe and Lucian Bebchuk have developed further the concept of path dependence, combined it with concepts of evolution and used it to challenge the wide-spread view that the corporate governance systems of the major advanced economies are likely to converge towards the economically best system at a rapid pace. The present paper shares this skepticism, but adds several aspects which strengthen the point made by Roe and Bebchuk. The present paper argues that it is important for the topic under discussion to distinguish clearly between two arguments which can explain path dependence. One of them is based on the role of adjustment costs, and the other one uses concepts borrowed from evolutionary biology. Making this distinction is important because the two concepts of path dependence have different implications for the issue of rapid convergence to the best system. In addition, we introduce a formal concept of complementarity and demonstrate that national corporate governance systems are usefully regarded as – possibly consistent – systems of complementary elements. Complementarity is a reason for path dependence which supports the socio-biological argument. The dynamic properties of systems composed of complementary elements are such that a rapid convergence towards a universally best corporate governance systems is not likely to happen. We then proceed by showing for the case of corporate governance systems shaped by complementarity, that there even is the possibility of a convergence towards a common system which is economically inferior. And in the specific case of European integration, "inefficient convergence" of corporate governance systems is a possible future course of events. First version December 1998, this version March 2000