15,313 research outputs found

    Crystal and electronic structure of the room temperature organometallic ferrimagnet V(TCNE)2_2. Analysis of numerical DoS and magnetic properties as related to orbital and spin-Hamiltonian models

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    We present a detailed analysis of the results of our numerical study of the crystal and electronic structure of the room temperature organometallic ferrimagnet of general composition V(TCNE)x_{x} with % x\approx 2. The results of the LSDA+UU study show that the experimentally determined structure complies with the magnetic measurements and thus can serve as a prototype structure for the entire family of the M(TCNE)2_{2} organometallic magnets. The results of the numerical study and of the magnetic experiments are interpreted using model Hamiltonians proposed here. This allowed us to obtain estimates of the critical temperature in three- and two-dimensional regimes and to give an explanation of the differences in behavior of probably isostructural V(TCNE)2_{2} and Fe(TCNE)2_{2} species.Comment: 42 pages, 7 figure

    Spin-Flavor Separation and Non-Fermi Liquid Behavior in the Multichannel Kondo Problem: A Large N Approach

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    We consider a SU(N)×SU(M)SU(N)\times SU(M) generalization of the multichannel single-impurity Kondo model which we solve analytically in the limit N→∞N\rightarrow \infty, M→∞M\rightarrow\infty, with γ=M/N\gamma=M/N fixed. Non-Fermi liquid behavior of the single electron Green function and of the local spin and flavor susceptibilities occurs in both regimes, N≤MN\le M and N>MN > M, with leading critical exponents {\em identical} to those found in the conformal field theory solution for {\em all} NN and MM (with M≥2M\ge 2). We explain this remarkable agreement and connect it to ``spin-flavor separation", the essential feature of the non-Fermi-liquid fixed point of the multichannel Kondo problem.Comment: 14 pages, 1 Figure (Poscript file attached), Revte

    A Case for Quantity Regulation

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    Contrary to the standard economic advice, many regulations of financial intermediaries, as well as other regulations such as blue laws, fishing rules, zoning restrictions, or pollution controls, take the form of quantity controls rather than taxes. We argue that costs of enforcement are crucial to understanding these choices. When violations of quantity regulations are cheaper to discover than failures to pay taxes, the former can emerge as the optimal instrument for the government, even when it is less attractive in the absence of enforcement costs. This analysis is especially relevant to situations where private enforcement of regulations is crucial.

    A Case for Quantity Regulation

    Get PDF
    Contrary to the standard economic advice, many regulations of financial intermediaries, as well as other regulations such as blue laws, fishing rules, zoning restrictions, or pollution controls, take the form of quantity controls rather than taxes. We argue that costs of enforcement are crucial to understanding these choices. When violations of quantity regulations are cheaper to discover than failures to pay taxes, the former can emerge as the optimal instrument for the government, even when it is less attractive in the absence of enforcement costs. This analysis is especially relevant to situations where private enforcement of regulations is crucial.
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