The Hospitality Industry\u27s lmpact On the State of Nevada: A Summary & Review

This article summarizes the economic, fiscal, and social impact findings of The Hospitality Industry\u27s Impact on the State of Nevada, a report issued in November1998 by the International Gaming Institute. This summary includes data on jobs, wages, output, taxes, crime, and other social issues. A brief discussion is included regarding the authors\u27 opinions of the state\u27s dependence on the hospitality industry and gaming taxes, as well as the potential ramifications of this dependence in a changing economic environment

Mean-Reverting Stochastic Processes, Evaluation of Forward Prices and Interest Rates

We consider mean-reverting stochastic processes and build self-consistent models for forward price dynamics and some applications in power industries. These models are built using the ideas and equations of stochastic differential geometry in order to close the system of equations for the forward prices and their volatility. Some analytical solutions are presented in the one factor case and for specific regular forward price/interest rates volatility. Those models will also play a role of initial conditions for a stochastic process describing forward price and interest rates volatility. Subsequently, the curved manifold of the internal space i.e. a discrete version of the bond term space (the space of bond maturing) is constructed. The dynamics of the point of this internal space that correspond to a portfolio of different bonds is studied. The analysis of the discount bond forward rate dynamics, for which we employed the Stratonovich approach, permitted us to calculate analytically the regular and the stochastic volatilities. We compare our results with those known from the literature.: Stochastic Differential Geometry, Mean-Reverting Stochastic Processes and Term Structure of Specific (Some) Economic/Finance Instruments

Quantifying Flexibility Real Options Calculus

We expose a real options theory as a tool for quantifying the value of the operating flexibility of real assets. Additionally, we have pointed out that this theory is an appropriated methodology for determining optimal operating policies, and provide an example of successful application of our approach to power industries, specifically to valuate the power plant of electricity. In particular by increasing the volatility of prices will eventually lead to higher assets values.real options, Black-Scholes Approach, Wiener processes, stochastic processes, Quantifying Flexibility, volatility

Swimming training repercussion on metabolic and structural bone development; benefits of the incorporation of whole body vibration or pilometric training; the RENACIMIENTO project

Introduction: Enviromental factors such as exercise participation and nutrition have often been linked to bone improvements. However, not all sports have the same effects, being non-osteogenic sports such as swimming defined as negative or neutral sports to practice regarding bone mass by some authors, similarly exercise-diet interaction in especific groups is still not clear. Objective: To present the methodology of the RENACIMENTO project that aims to evaluate body composition and more specifically bone mass by several techniques in adolescent swimmers and to observe the effects and perdurability of whole body vibration (WBV) and jumping intervention (JIN) on body composition and fitness on this population and explore posible diet interactions. Design: Randomized controlled trial. Methods: 78 swimmers (12-17 y) and 26 sex- and age-matched controls will participate in this study. Dual energy X-ray, peripheral Quantitative Computed Tomography, Quantitative Ultrasound, Bioelectrical Impedance Analysis, and anthropometry measurements will be performed in order to evaluate body composition. Physical activity, nutrition, pubertal development and socio-economical status may act as confounders of body composition and therefore will also be registered. Several fitness factors regarding strength, endurance, performance and others will also be registered to evaluate differences with controls and act as confounders. A 7-month WBV therapy will be performed by 26 swimmers consisting of a training of 15 minutes 3 times per week. An 8 month JIM will also be performed by 26 swimmers 3 times per week. The remaining 26 swimmers will continue their normal swimming training. Four evaluations will be performed, the first one in order to describe differences between swimmers and controls. The second one to describe the effects of the interventions and the third and fourth evaluations to describe the perdurability of the effects of the WBV and JIN. Conclusion: The RENACIMIENTO project will allow to answer several questions regarding body composition, fitness, bone mass and interaction with diet of adolescent swimmers, describe swimming as a positive, negative or neutral sport to practice regarding these parameters and elucidate the effects and perdurability of WBV and JIM on body composition

Cortical and trabecular bone at the radius and tibia in male and female adolescents with Down syndrome:a peripheral quantitative computed tomography (pQCT) study

Abstract Summary We aimed to describe the structure and strength of the tibia and radius of adolescents with Down syndrome. We observed that despite higher levels of volumetric bone mineral density in determined skeletal sites, they are at higher risk of developing osteoporotic fractures in the future due to their lower bone strength indexes. Introduction The aims of the study were to describe the cortical and trabecular volumetric bone mineral density (vBMD), bone mineral content (BMC), area, and bone strength in adolescents with Down syndrome (DS) and to compare them with adolescents without disabilities. Methods Thirty adolescents (11 girls) with DS and 28 without disabilities (10 girls) participated in the study. Peripheral quantitative computed tomography measurements were taken at proximal and distal sites of the tibia and radius. Values of total, trabecular, and cortical BMC; vBMD; and area were obtained of each scan. Cortical thickness and endosteal and periosteal circumferences were also measured, and different bone strength indexes were calculated. Student's t tests were applied between groups. Results The DS group showed greater vBMD at distal radius, BMC at proximal radius, and total and cortical vBMD at proximal tibia. The non-DS group showed higher total and trabecular area at the distal radius and total, cortical, and trabecular BMC and area at distal tibia. Higher values of periosteal and endosteal circumference and bone strength were also found in non-DS group. Conclusions From these results, it can be believed that even with higher vBMD in determined skeletal sites, adolescents with DS are at higher risk of suffering bone fractures due to an increased fragility by lower resistance to load bending or torsion

Long-term behaviour of Nb and Cr nitrides nanostructured coatings under steam at 650°C. Mechanistic considerations.

There is an increasing demand for steam power plants to operate in super-critical conditions i.e. temperatures in excess of 600°C. Under these conditions creep resistant ferritic steels oxidize and therefore require coatings in order to last. Physical vapor deposition and especially High Power Impulse Magnetron Sputtering deposited CrN/NbN nano-scale multilayer coatings with a 2.45 Cr/Nb ratio showed excellent performance when exposed to 650 °C in pure steam environment up to 2,000 h. However the role of Nb in offering protection is unclear. In order to study the long term behaviour of this type of coatings as well as to determine the influence of Nb on their oxidation resistance, a CrN/NbN coating with a 1.16 Cr/Nb ratio was studied for 12,650 h. The coating is hard, well adhered and resistant to environmental corrosion, which are properties required in particular for coatings to be applied on turbine blades. The coating also protects P92 from steam oxidation at 650º C, however coating growth defects influence significantly the oxidation resistance. The long-time exposure allowed to study the protection/ degradation mechanisms provided by this type of ceramic coatings. It was found that oxide nodules grow due to the presence of coating defect originated from substrate defects. Moreover, the higher Nb CrN/NbN coating slowly oxidizes, consuming the coating to a large extent after 12,650 h. As a result, protective oxides containing Cr and Nb are developed, remaining well attached to the substrate for at least the test duration, and preventing further substrate oxidation by steam. Interestingly, thin voids present in the as deposited coating self-heal by forming Cr rich oxides, which block steam to reach the substrate