Increasing Dominance - the Role of Advertising, Pricing and Product Design

Despite the empirical relevance of advertising strategies in concentrated markets, the economics literature is largely silent on the effect of persuasive advertising strategies on pricing, market structure and increasing (or decreasing) dominance. In a simple model of persuasive advertising and pricing with differentiated goods, we analyze the interdependencies between ex-ante asymmetries in consumer appeal, advertising and prices. Products with larger initial appeal to consumers will be advertised more heavily but priced at a higher level - that is, advertising and price discounts are strategic substitutes for products with asymmetric initial appeal. We find that the escalating effect of advertising dominates the moderating effect of pricing so that post-competition market shares are more asymmetric than pre-competition differences in consumer appeal. We further find that collusive advertising (but competitive pricing) generates the same market outcomes, and that network effects lead to even more extreme market outcomes, both directly and via the effect on advertising

Interoperable multimedia metadata through similarity-based semantic web service discovery

The increasing availability of multimedia (MM) resources, Web services as well as content, on the Web raises the need to automatically discover and process resources out of distributed repositories. However, the heterogeneity of applied metadata schemas and vocabularies – ranging from XML-based schemas such as MPEG-7 to formal knowledge representation approaches – raises interoperability problems. To enable MM metadata interoperability by means of automated similarity-computation, we propose a hybrid representation approach which combines symbolic MM metadata representations with a grounding in so-called Conceptual Spaces (CS). In that, we enable automatic computation of similarities across distinct metadata vocabularies and schemas in terms of spatial distances in shared CS. Moreover, such a vector-based approach is particularly well suited to represent MM metadata, given that a majority of MM parameters is provided in terms of quantified metrics. To prove the feasibility of our approach, we provide a prototypical implementation facilitating similarity-based discovery of publicly available MM services, aiming at federated MM content retrieval out of heterogeneous repositories

VSI: the VLTI spectro-imager

The VLTI Spectro Imager (VSI) was proposed as a second-generation instrument of the Very Large Telescope Interferometer providing the ESO community with spectrally-resolved, near-infrared images at angular resolutions down to 1.1 milliarcsecond and spectral resolutions up to R=12000. Targets as faint as K=13 will be imaged without requiring a brighter nearby reference object. The unique combination of high-dynamic-range imaging at high angular resolution and high spectral resolution enables a scientific program which serves a broad user community and at the same time provides the opportunity for breakthroughs in many areas of astrophysic including: probing the initial conditions for planet formation in the AU-scale environments of young stars; imaging convective cells and other phenomena on the surfaces of stars; mapping the chemical and physical environments of evolved stars, stellar remnants, and stellar winds; and disentangling the central regions of active galactic nuclei and supermassive black holes. VSI will provide these new capabilities using technologies which have been extensively tested in the past and VSI requires little in terms of new infrastructure on the VLTI. At the same time, VSI will be able to make maximum use of new infrastructure as it becomes available; for example, by combining 4, 6 and eventually 8 telescopes, enabling rapid imaging through the measurement of up to 28 visibilities in every wavelength channel within a few minutes. The current studies are focused on a 4-telescope version with an upgrade to a 6-telescope one. The instrument contains its own fringe tracker and tip-tilt control in order to reduce the constraints on the VLTI infrastructure and maximize the scientific return.Comment: 12 pages, to be published in Proc. SPIE conference 7013 "Optical and Infrared Interferometry", Schoeller, Danchi, and Delplancke, F. (eds.). See also http://vsi.obs.ujf-grenoble.f

Dynamical properties of liquid Al near melting. An orbital-free molecular dynamics study

The static and dynamic structure of liquid Al is studied using the orbital free ab-initio molecular dynamics method. Two thermodynamic states along the coexistence line are considered, namely T = 943 K and 1323 K for which X-ray and neutron scattering data are available. A new kinetic energy functional, which fulfills a number of physically relevant conditions is employed, along with a local first principles pseudopotential. In addition to a comparison with experiment, we also compare our ab-initio results with those obtained from conventional molecular dynamics simulations using effective interionic pair potentials derived from second order pseudopotential perturbation theory.Comment: 15 pages, 12 figures, 2 tables, submitted to PR

wd=−1w_d=-1 in interacting quintessence model

A model consisting of quintessence scalar field interacting with cold dark matter is considered. Conditions required to reach $w_d=-1$ are discussed. It is shown that depending on the potential considered for the quintessence, reaching the phantom divide line puts some constraints on the interaction between dark energy and dark matter. This also may determine the ratio of dark matter to dark energy density at $w_d=-1$.Comment: 10 pages, references updated, some notes added, minor changes applied, accepted for publication in Eur. Phys. J.

BRICS, the southern model, and the evolving landscape of development assistance: Toward a new taxonomy

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Reconstructing interacting new agegraphic polytropic gas model in non-flat FRW universe

We study the correspondence between the interacting new agegraphic dark energy and the polytropic gas model of dark energy in the non-flat FRW universe. This correspondence allows to reconstruct the potential and the dynamics for the scalar field of the polytropic model, which describe accelerated expansion of the universe.Comment: 9 page

Interacting polytropic gas model of phantom dark energy in non-flat universe

By introducing the polytropic gas model of interacting dark energy, we obtain the equation of state for the polytropic gas energy density in a non-flat universe. We show that for even polytropic index by choosing $K>Ba^{\frac{3}{n}}$, one can obtain $\omega^{\rm eff}_{\Lambda}<-1$, which corresponds to a universe dominated by phantom dark energy.Comment: 7 page

The generalized second law for the interacting generalized Chaplygin gas model

We investigate the validity of the generalized second law (GSL) of gravitational thermodynamics in a non-flat FRW universe containing the interacting generalized Chaplygin gas with the baryonic matter. The dynamical apparent horizon is assumed to be the boundary of the universe. We show that for the interacting generalized Chaplygin gas as a unified candidate for dark matter (DM) and dark energy (DE), the equation of state parameter can cross the phantom divide. We also present that for the selected model under thermal equilibrium with the Hawking radiation, the GSL is always satisfied throughout the history of the universe for any spatial curvature, independently of the equation of state of the interacting generalized Chaplygin gas model.Comment: 8 page

Interacting entropy-corrected new agegraphic dark energy in Brans-Dicke cosmology

Motivated by a recent work of one of us [1], we extend it by using quantum (or entropy) corrected new agegraphic dark energy in the Brans-Dicke cosmology. The correction terms are motivated from the loop quantum gravity which is one of the competitive theories of quantum gravity. Taking the non-flat background spacetime along with the conformal age of the universe as the length scale, we derive the dynamical equation of state of dark energy and the deceleration parameter. An important consequence of this study is the phantom divide scenario with entropy-corrected new agegraphic dark energy. Moreover, we assume a system of dark matter, radiation and dark energy, while the later interacts only with dark matter. We obtain some essential expressions related with dark energy dynamics. The cosmic coincidence problem is also resolved in our model.Comment: 16 pages, no figure, accepted for publication in Gen. Relativ. Gra