Stochastic finite differences and multilevel Monte Carlo for a class of SPDEs in finance

In this article, we propose a Milstein finite difference scheme for a stochastic partial differential equation (SPDE) describing a large particle system. We show, by means of Fourier analysis, that the discretisation on an unbounded domain is convergent of first order in the timestep and second order in the spatial grid size, and that the discretisation is stable with respect to boundary data. Numerical experiments clearly indicate that the same convergence order also holds for boundary-value problems. Multilevel path simulation, previously used for SDEs, is shown to give substantial complexity gains compared to a standard discretisation of the SPDE or direct simulation of the particle system. We derive complexity bounds and illustrate the results by an application to basket credit derivatives

Sub-unit cell layer-by-layer growth of Fe3O4, MgO, and Sr2RuO4 thin films

The use of oxide materials in oxide electronics requires their controlled epitaxial growth. Recently, it was shown that Reflection High Energy Electron Diffraction (RHEED) allows to monitor the growth of oxide thin films even at high oxygen pressure. Here, we report the sub-unit cell molecular or block layer growth of the oxide materials Sr2RuO4, MgO, and magnetite using Pulsed Laser Deposition (PLD) from stoichiometric targets. Whereas for perovskites such as SrTiO3 or doped LaMnO3 a single RHEED intensity oscillation is found to correspond to the growth of a single unit cell, in materials where the unit cell is composed of several molecular layers or blocks with identical stoichiometry, a sub-unit cell molecular or block layer growth is established resulting in several RHEED intensity oscillations during the growth of a single unit-cell

Improved ruminant genetics: Implementation guidance for policymakers and investors

Genetics makes use of natural variation among animals. Selecting preferred animals as parents can yield permanent and cumulative improvements in the population. More efficient animals can greatly reduce greenhouse gas emissions and feed costs. Breeding, including cross-breeding between indigenous and imported species, can also improve resilience to diseases and heat stress and increase reproductive performance

Zero-order filter for diffractive focusing of de Broglie matter waves

The manipulation of neutral atoms and molecules via their de Broglie wave properties, also referred to as de Broglie matter wave optics, is relevant for several fields ranging from fundamental quantum mechanics tests and quantum metrology to measurements of interaction potentials and new imaging techniques. However, there are several challenges. For example, for diffractive focusing elements, the zero-order beam provides a challenge because it decreases the signal contrast. Here we present the experimental realization of a zero-order filter, also referred to as an order-sorting aperture for de Broglie matter wave diffractive focusing elements. The zero-order filter makes it possible to measure even at low beam intensities. We present measurements of zero-order filtered, focused, neutral helium beams generated at source stagnation pressures between 11 and 81 bars. We show that for certain conditions the atom focusing at lower source stagnation pressures (broader velocity distributions) is better than what has previously been predicted. We present simulations with the software ray-tracing simulation package mcstas using a realistic helium source configuration, which gives very good agreement with our measurements

An ellipsoidal mirror for focusing neutral atomic and molecular beams

Manipulation of atomic and molecular beams is essential to atom optics applications including atom lasers, atom lithography, atom interferometry and neutral atom microscopy. The manipulation of charge-neutral beams of limited polarizability, spin or excitation states remains problematic, but may be overcome by the development of novel diffractive or reflective optical elements. In this paper, we present the first experimental demonstration of atom focusing using an ellipsoidal mirror. The ellipsoidal mirror enables stigmatic off-axis focusing for the first time and we demonstrate focusing of a beam of neutral, ground-state helium atoms down to an approximately circular spot, (26.8±0.5) μm×(31.4±0.8) μm in size. The spot area is two orders of magnitude smaller than previous reflective focusing of atomic beams and is a critical milestone towards the construction of a high-intensity scanning helium microscope

The Cinchona Primary Amine-Catalyzed Asymmetric Epoxidation and Hydroperoxidation of α,β-Unsaturated Carbonyl Compounds with Hydrogen Peroxide

Using cinchona alkaloid-derived primary amines as catalysts and aqueous hydrogen peroxide as the oxidant, we have developed highly enantioselective Weitz–Scheffer-type epoxidation and hydroperoxidation reactions of α,β-unsaturated carbonyl compounds (up to 99.5:0.5 er). In this article, we present our full studies on this family of reactions, employing acyclic enones, 5–15-membered cyclic enones, and α-branched enals as substrates. In addition to an expanded scope, synthetic applications of the products are presented. We also report detailed mechanistic investigations of the catalytic intermediates, structure–activity relationships of the cinchona amine catalyst, and rationalization of the absolute stereoselectivity by NMR spectroscopic studies and DFT calculations

An ellipsoidal mirror for focusing neutral atomic and molecular beams

Manipulation of atomic and molecular beams is essential to atom optics applications including atom lasers, atom lithography, atom interferometry and neutral atom microscopy. The manipulation of charge-neutral beams of limited polarizability, spin or excitation states remains problematic, but may be overcome by the development of novel diffractive or reflective optical elements. In this paper, we present the first experimental demonstration of atom focusing using an ellipsoidal mirror. The ellipsoidal mirror enables stigmatic off-axis focusing for the first time and we demonstrate focusing of a beam of neutral, ground-state helium atoms down to an approximately circular spot, (26.8±0.5) μm×(31.4±0.8) μm in size. The spot area is two orders of magnitude smaller than previous reflective focusing of atomic beams and is a critical milestone towards the construction of a high-intensity scanning helium microscope

Epitaxy and magnetotransport of Sr_2FeMoO_6 thin films

By pulsed-laser deposition epitaxial thin films of Sr_2FeMoO_6 have been pre- pared on (100) SrTiO_3 substrates. Already for a deposition temperature of 320 C epitaxial growth is achieved. Depending on deposition parameters the films show metallic or semiconducting behavior. At high (low) deposition temperature the Fe,Mo sublattice has a rock-salt (random) structure. The metallic samples have a large negative magnetoresistance which peaks at the Curie temperature. The magnetic moment was determined to 4 mu_B per formula unit (f.u.), in agreement with the expected value for an ideal ferrimagnetic arrangement. We found an ordinary Hall coefficient of -6.01x10^{-10} m^3/As at 300 K, corresponding to an electronlike charge-carrier density of 1.3 per Fe,Mo-pair. In the semiconducting films the magnetic moment is reduced to 1 mu_B/f.u. due to disorder in the Fe,Mo sublattice. In low fields an anomalous holelike contribution dominates the Hall voltage, which vanishes at low temperatures for the metallic films only.Comment: Institute of Physics, University of Mainz, Germany, 4 pages, including 5 pictures and 1 Table, submitted to Phys. Rev.