Competition, Consumer Welfare and Monopoly Power

An applied general equilibrium analysis of monopoly power is proposed as an alternative to the partial equilibrium analyses of monopoly pricing current in antitrust economics. This analysis introduces a new notion of market equilibrium where firms with monopoly power are cost-minimizing price-takers in competitive factor markets and make supracompetitive profits in equilibrium, i.e., the monopoly price exceeds the marginal cost of production. We assume that the primary goals of antitrust policy are the promotion of competition and the enhancement of consumer welfare. To that end, we use Debreu's coefficient of resource utilization to determine the counterfactual competitive price levels in monopolized markets and then impute the economic costs of monopolization.Monopoly power, Antitrust economics, Applied general equilibrium analysis

The Social Cost of Monopoly Power

A general equilibrium analysis of monopoly power is proposed as an alternative to the partial equilibrium analyses of monopolization common to most antitrust texts. This analysis introduces the notion of a cost minimizing market equilibrium. The empirical implications of this equilibrium concept for antitrust policy is derived in terms of a family of equilibrium inequalities over market data from observations on a market economy with competitive factor markets. The social cost of monopoly power is measured using Debreu's coefficient of resource utilization. That is, we propose Pareto optimality as the ultimate objective of antitrust policy.Monopoly power, Antitrust economics, Applied general equilibrium analysis

Relativistic Hartree-Bogoliubov description of sizes and shapes of A=20 isobars

Ground-state properties of A = 20 nuclei ($^{20}$N, $^{20}$O, $^{20}$F, $^{20}$Ne, $^{20}$Na, $^{20}$Mg) are described in the framework of Relativistic Hartree-Bogoliubov (RHB) theory. The model uses the NL3 effective interaction in the mean-field Lagrangian, and describes pairing correlations by the pairing part of the finite range Gogny interaction D1S. Binding energies, quadrupole deformations, nuclear matter radii, and differences in radii of proton and neutron distributions are compared with recent experimental data.Comment: LaTeX 11 pages, 6 eps figs, submitted to Nucl. Phys.

Phylogenetic placement and the timing of diversification in Australia's endemic Vachellia (Caesalpinioideae, Mimosoid Clade, Fabaceae) species

The genus Vachellia Wight & Arn. has a pantropical distribution, with species being distributed through Africa, the Americas, Asia and Australia. The relationships among the lineages from Africa and America are well understood, but the phylogenetic placement and evolutionary origins of the Australian species of Vachellia are not known. We, therefore, sequenced four plastid genes from representatives of each of the nine Australian species of Vachellia, and used Bayesian inference to assess the phylogenetic placement of these lineages, and a relaxed molecular clock to assess the timing of diversification. The Australian species of Vachellia form a well-supported monophyletic clade, with molecular-dating analysis suggesting a single dispersal into Australia 6.5 million years ago (95% range 13.9-2.7 million years ago). Diversification of the Australian clade commenced more recently, c. 3.1 million years ago (95% range 9.2-1.2 million years ago), perhaps driven by the increased aridification of Australia at this time. The closest relatives to the Australian Vachellia were not from the Malesian bioregion, suggesting either a long-distance dispersal from Africa, or two separate migrations through Asia. These results not only improve our understanding of the biogeography of Vachellia species, but also have significant implications for the biological control of invasive Vachellia species in Australia. © 2020 CSIRO

Furrow erosion and aggregate stability variation in a Portneuf silt loam

Numerous soil factors, including aggregate stability, affect erosion rates from irrigated furrows. Since aggregate stability varies within growing seasons, furrow erosion may vary as well. The study objectives were to (1) measure furrow erosion and aggregate stability periodically over two growing seasons, (2) statistically characterize the temporal variation in furrow erosion and aggregate stability, and (3) relate variation in erosion rates to changes in aggregate stability and other soil properties. Erosion rates from replicated, previously unirrigated furrows in fallow plots on a Portneuf silt loam coarse-silty, mixed, mesic Durixerollic Calciorthid) at Kimberly, Idaho, USA, were measured every 2-3 weeks from mid-May through mid-August 1988, and from late-April to late-August 1989. During each 6.5-h irrigation, three furrows in 1988 and four furrows in 1989 were irrigated at an inflow rate of 11.3 1 min-1. At each irrigation, soil samples were taken to a depth of 5 cm from the bottom of furrows adjacent to or near those irrigated. From these samples, soil gravimetric water content was measured and aggregate stability was determined by wet sieving. Erosion from furrows not previously irrigated varied greatly when measured throughout two growing seasons. For both years, erosion rates were significantly lower later in the growing season than earlier. For a 4.0% slope area in 1988, furrow erosion rates varied over the entire season by a factor of six or more while aggregate stability varied ( increased) by only 17%. Thus, aggregate stability was not significantly correlated with furrow erosion rates

Effects of Short Range Correlations on Ca Isotopes

The effect of Short Range Correlations (SRC) on Ca isotopes is studied using a simple phenomenological model. Theoretical expressions for the charge (proton) form factors, densities and moments of Ca nuclei are derived. The role of SRC in reproducing the empirical data for the charge density differences is examined. Their influence on the depletion of the nuclear Fermi surface is studied and the fractional occupation probabilities of the shell model orbits of Ca nuclei are calculated. The variation of SRC as function of the mass number is also discussed.Comment: 11 pages (RevTex), 6 Postscript figures available upon request at [email protected] Physical Review C in prin

Field corn response to nitrogen as affected by previous winter crop

Testing double cropping systems in the irrigated areas of the Pacific Northwest led us to evaluate late-planted corn response to N fertilizer when following either a winter cereal grown for silage or winter peas plowed down as green manure

Whey utilization in furrow irrigation: Effects on aggregate stability and erosion

Improving soil structure often reduces furrow erosion and maintains adequate infiltration. Cottage cheese whey, the liquid byproduct from cottage cheese manufacture, was utilized to stabilize soil aggregates and reduce sediment losses from furrow irrigation. We applied either 2.4 or 1.9 L of whey per meter of furrow (3.15 or 2.49 L m?-2, respectively) by gravity flow without incorporation to two fields of Portneuf silt loam (Durinodic Xeric Haplocalcid) near Kimberly, ID. Furrows were irrigated with water beginning four days later. We measured sediment losses with furrow flumes during each irrigation and measured aggregate stability by wet sieving about 10 days after the last irrigation. Overall, whey significantly increased aggregate stability 25% at the 0–15 mm depth and 14% at 15–30 mm, compared to controls. On average, whey reduced sediment losses by 75% from furrows sloped at 2.4%. Whey increased the aggregate stability of structurally degraded calcareous soil in irrigation furrows

Parity Mixed Doublets in A = 36 Nuclei

The $\gamma$-circular polarizations ($P_{\gamma}$) and asymmetries ($A_{\gamma}$) of the parity forbidden M1 + E2 $\gamma$-decays: $^{36}Cl^{\ast} (J^{\pi} = 2^{-}; T = 1; E_{x} = 1.95$ MeV) $\rightarrow$ $^{36}Cl (J^{\pi} = 2^{+}; T = 1; g.s.)$ and $^{36}Ar^{\ast} (J^{\pi} = 2^{-}; T = 0; E_{x} = 4.97$ MeV) $\rightarrow$ $^{36}Ar^{\ast} (J^{\pi} = 2^{+}; T = 0; E_{x} = 1.97$ MeV) are investigated theoretically. We use the recently proposed Warburton-Becker-Brown shell-model interaction. For the weak forces we discuss comparatively different weak interaction models based on different assumptions for evaluating the weak meson-hadron coupling constants. The results determine a range of $P_{\gamma}$ values from which we find the most probable values: $P_{\gamma}$ = $1.1 \cdot 10^{-4}$ for $^{36}Cl$ and $P_{\gamma}$ = $3.5 \cdot 10^{-4}$ for $^{36}Ar$.Comment: RevTeX, 17 pages; to appear in Phys. Rev.