4,569 research outputs found
The International Dimension of the Antitrust Practice in Poland, Hungary and the Czech Republic
This paper analyses how the competition authorities in the Czech republic, Poland and Hungary (CPH) have dealt with the interface between trade and competition in their actual practice. The following findings emerge (i) there has not been any significant conflict in the allocation of jurisdiction between CPH on the one hand and the EU on the other hand. This may however be due to a lack of integration between these countries. (ii) the definition of the relevant geographic market suffers from significant shortcomings in each country under review with a general bias in favour of narrow market definition. Problems are most severe in the Czech republic. (iii) Anti-trust agencies in all three countries have attempted to advocate competition in the formulation of trade policy. Developments regarding the independence of the agencies is however mixed. There are some worrying signs that the Polish agency has become less independent whereas the Hungarian agency has probably become even more independent (iv) anti-trust agencies in all three countries could indeed be pursuing objectives of industrial policy in the exercise of merger control towards foreign firms. The situation is most severe in Poland where the suspicion arises that profitable market positions have been auctioned off to foreign buyers in exchange for commitments which are unrelated to the competitive situation.antitrust; transition
Investigating Multiple Solutions in the Constrained Minimal Supersymmetric Standard Model
Recent work has shown that the Constrained Minimal Supersymmetric Standard
Model (CMSSM) can possess several distinct solutions for certain values of its
parameters. The extra solutions were not previously found by public
supersymmetric spectrum generators because fixed point iteration (the algorithm
used by the generators) is unstable in the neighbourhood of these solutions.
The existence of the additional solutions calls into question the robustness of
exclusion limits derived from collider experiments and cosmological
observations upon the CMSSM, because limits were only placed on one of the
solutions. Here, we map the CMSSM by exploring its multi-dimensional parameter
space using the shooting method, which is not subject to the stability issues
which can plague fixed point iteration. We are able to find multiple solutions
where in all previous literature only one was found. The multiple solutions are
of two distinct classes. One class, close to the border of bad electroweak
symmetry breaking, is disfavoured by LEP2 searches for neutralinos and
charginos. The other class has sparticles that are heavy enough to evade the
LEP2 bounds. Chargino masses may differ by up to around 10% between the
different solutions, whereas other sparticle masses differ at the sub-percent
level. The prediction for the dark matter relic density can vary by a hundred
percent or more between the different solutions, so analyses employing the dark
matter constraint are incomplete without their inclusion.Comment: 30 pages, 12 figures, 2 tables; v2: added discussion on speed of
shooting method, fixed typos, matches published versio
The Modernisation of EU Competition Policy : Making the Network Operate
This paper does not seek to evaluate whether decentralisation of the implementation of Art.81 ECT is desirable but simply analyses how the network of enforcers envisaged in the White Paper would operate. We identify two issues. We observe that in the proposed framework, simultaneous enforcement by several authorities is likely to occur and that each member states will have little incentive to take into account in its decision the interests of other member states. We show that such system of enforcement can have a "disintegrating effect", to the extent that it does not allow for a balancing between positive and negative net benefits across member states. We suggest that in order to avoid these effects, some co-ordination between the members of the network should be organised. In particular, we advocate the re-emergence in the intra-EC context of a 'positive comity' obligation and we suggest that a formal procedure for co-ordination between different institutions should be laid down (as in the US). We further observe that the accountability of antitrust authorities could deteriorate in the White Paper era. In order to address this concern, we suggest that institutional constraints like accountability and independence standards should be imposed on member states. Finally, drawing on the US experience with multiple enforcement, we argue that the role of the Commission should be as much to manage regulatory innovation (arising from the enforcement activity of member states) as to resolve conflict.antitrust; institution design
Generalization of the noise model for time-distance helioseismology
In time-distance helioseismology, information about the solar interior is
encoded in measurements of travel times between pairs of points on the solar
surface. Travel times are deduced from the cross-covariance of the random wave
field. Here we consider travel times and also products of travel times as
observables. They contain information about e.g. the statistical properties of
convection in the Sun. The basic assumption of the model is that noise is the
result of the stochastic excitation of solar waves, a random process which is
stationary and Gaussian. We generalize the existing noise model (Gizon and
Birch 2004) by dropping the assumption of horizontal spatial homogeneity. Using
a recurrence relation, we calculate the noise covariance matrices for the
moments of order 4, 6, and 8 of the observed wave field, for the moments of
order 2, 3 and 4 of the cross-covariance, and for the moments of order 2, 3 and
4 of the travel times. All noise covariance matrices depend only on the
expectation value of the cross-covariance of the observed wave field. For
products of travel times, the noise covariance matrix consists of three terms
proportional to , , and , where is the duration of the
observations. For typical observation times of a few hours, the term
proportional to dominates and , where the are arbitrary travel times. This
result is confirmed for travel times by Monte Carlo simulations and
comparisons with SDO/HMI observations. General and accurate formulae have been
derived to model the noise covariance matrix of helioseismic travel times and
products of travel times. These results could easily be generalized to other
methods of local helioseismology, such as helioseismic holography and ring
diagram analysis
Brane Gases on K3 and Calabi-Yau Manifolds
We initiate the study of Brane Gas Cosmology (BGC) on manifolds with
non-trivial holonomy. Such compactifications are required within the context of
superstring theory in order to make connections with realistic particle
physics. We study the dynamics of brane gases constructed from various string
theories on background spaces having a K3 submanifold. The K3 compactifications
provide a stepping stone for generalising the model to the case of a full
Calabi-Yau three-fold. Duality symmetries are discussed within a cosmological
context. Using a duality, we arrive at an N=2 theory in four-dimensions
compactified on a Calabi-Yau manifold with SU(3) holonomy. We argue that the
Brane Gas model compactified on such spaces maintains the successes of the
trivial toroidal compactification while greatly enhancing its connection to
particle physics. The initial state of the universe is taken to be a small, hot
and dense gas of p-branes near thermal equilibrium. The universe has no initial
singularity and the dynamics of string winding modes allow three spatial
dimensions to grow large, providing a possible solution to the dimensionality
problem of string theory.Comment: 26 pages; Significant revisions: review material truncated;
presentation improve
Signal and noise in helioseismic holography
Helioseismic holography is an imaging technique used to study heterogeneities
and flows in the solar interior from observations of solar oscillations at the
surface. Holograms contain noise due to the stochastic nature of solar
oscillations. We provide a theoretical framework for modeling signal and noise
in Porter-Bojarski helioseismic holography. The wave equation may be recast
into a Helmholtz-like equation, so as to connect with the acoustics literature
and define the holography Green's function in a meaningful way. Sources of wave
excitation are assumed to be stationary, horizontally homogeneous, and
spatially uncorrelated. Using the first Born approximation we calculate
holograms in the presence of perturbations in sound-speed, density, flows, and
source covariance, as well as the noise level as a function of position. This
work is a direct extension of the methods used in time-distance helioseismology
to model signal and noise. To illustrate the theory, we compute the hologram
intensity numerically for a buried sound-speed perturbation at different depths
in the solar interior. The reference Green's function is obtained for a
spherically-symmetric solar model using a finite-element solver in the
frequency domain. Below the pupil area on the surface, we find that the spatial
resolution of the hologram intensity is very close to half the local
wavelength. For a sound-speed perturbation of size comparable to the local
spatial resolution, the signal-to-noise ratio is approximately constant with
depth. Averaging the hologram intensity over a number of frequencies above
3 mHz increases the signal-to-noise ratio by a factor nearly equal to the
square root of . This may not be the case at lower frequencies, where large
variations in the holographic signal are due to the individual contributions of
the long-lived modes of oscillation.Comment: Submitted to Astronomy and Astrophysic
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