Strategic Asset Allocation in a Continuous-Time VAR Model

This note derives an approximate solution to a continuous-time intertemporal portfolio and consumption choice problem. The problem is the continuous-time equivalent of the discrete-time problem studied by Campbell and Viceira (1999), in which the expected excess return on a risky asset follows an AR(1)process, while the riskless interest rate is constant. The note also shows how to obtain continuous-time parameters that are consistent with discrete-time econometric estimates. The continuous-time solution is numerically close to that of Campbell and Viceira and has the property that conservative long-term investors have a large positive intertemporal hedging demand for stocks.

Pair production of charged Higgs bosons in the Left-Right Twin Higgs model at the ILC and LHC

Left-Right twin Higgs(LRTH) model predicts the existence of a pair of charged Higgs $\phi^{\pm}$. In this paper, we study the production of the charged Higgs bosons pair $\phi^{\pm}$ via the process $e^{+}e^{-}\to \phi^{+}\phi^{-}$ at the International Linear Collider(ILC). The numerical results show that the production rates are at the level of several tens fb, this process can produce the adequate distinct multi-jet final states and the SM background can be efficiently reduced. We also discuss the charged Higgs boson pair production via the process $q\bar{q}\to \phi^{+}\phi^{-}$ at the $CERN$ Large Hadron Collider(LHC) and estimate there production rates. We find that, as long as the charged Higgs bosons are not too heavy, they can be abundantly produced at the LHC. The possible signatures of these new particles might be detected at the ILC and LHC experiments.Comment: 15 pages, 5 figures, discussion extended, reference added, typos fixed, revised version to be published in Eur.Phys.J.

Supersymmetry Breaking in Warped Geometry

We examine the soft supersymmetry breaking parameters in supersymmetric theories on a slice of AdS_5 which generate the hierarchical Yukawa couplings by dynamically localizing the bulk matter fields in extra dimension. Such models can be regarded as the AdS dual of the recently studied 4-dimensional models which contain a supersymmetric CFT to generate the hierarchical Yukawa couplings. In such models, if supersymmetry breaking is mediated by the bulk radion superfield and/or some brane chiral superfields, potentially dangerous flavor-violating soft parameters can be naturally suppressed, thereby avoiding the SUSY flavor problem. We present some models of radion-dominated supersymmetry breaking which yield a highly predictive form of soft parameters in this framework.Comment: 17 pages, no figures, uses JHEP clas

Rewiring cell signalling pathways in pathogenic mtDNA mutations

Mitochondria generate the energy to sustain cell viability and serve as a hub for cell signalling. Their own genome (mtDNA) encodes genes critical for oxidative phosphorylation. Mutations of mtDNA cause major disease and disability with a wide range of presentations and severity. We review here an emerging body of data suggesting that changes in cell metabolism and signalling pathways in response to the presence of mtDNA mutations play a key role in shaping disease presentation and progression. Understanding the impact of mtDNA mutations on cellular energy homeostasis and signalling pathways seems fundamental to identify novel therapeutic interventions with the potential to improve the prognosis for patients with primary mitochondrial disease

Natural Little Hierarchy from a Partially Goldstone Twin Higgs

We construct a simple theory in which the fine-tuning of the standard model is significantly reduced. Radiative corrections to the quadratic part of the scalar potential are constrained to be symmetric under a global U(4) x U(4)' symmetry due to a discrete Z_2 "twin" parity, while the quartic part does not possess this symmetry. As a consequence, when the global symmetry is broken the Higgs fields emerge as light pseudo-Goldstone bosons, but with sizable quartic self-interactions. This structure allows the cutoff scale, \Lambda, to be raised to the multi-TeV region without significant fine-tuning. In the minimal version of the theory, the amount of fine-tuning is about 15% for \Lambda = 5 TeV, while it is about 30% in an extended model. This provides a solution to the little hierarchy problem. In the minimal model, the "visible" particle content is exactly that of the two Higgs doublet standard model, while the extended model also contains extra vector-like fermions with masses ~(1-2)TeV. At the LHC, our minimal model may appear exactly as the two Higgs doublet standard model, and new physics responsible for cutting off the divergences of the Higgs mass-squared parameter may not be discovered. Several possible processes that may be used to discriminate our model from the simple two Higgs doublet model are discussed for the LHC and for a linear collider.Comment: 22 page

Partly Supersymmetric Grand Unification

It is shown how grand unification can occur in models which are partly supersymmetric. The particle states which are composite do not contribute to the running of gauge couplings above the compositeness scale, while the elementary states contribute the usual large logarithmns. This introduces a new differential running contribution to the gauge couplings from partly composite SU(5) matter multiplets. In particular, for partly supersymmetric models, the incomplete SU(5) elementary matter multiplets restore gauge coupling unification even though the usual elementary gaugino and Higgsino contributions need not be present.Comment: 14 pages, LaTe

Gauge coupling renormalization in orbifold field theories

We investigate the gauge coupling renormalization in orbifold field theories preserving 4-dimensional N=1 supersymmetry in the framework of 4-dimensional effective supergravity. As a concrete example, we consider the 5-dimensional Super-Yang-Mills theory on a slice of AdS_5. In our approach, one-loop gauge couplings can be determined by the loop-induced axion couplings and the tree level properties of 4-dimensional effective supergravity which are much easier to be computed.Comment: 18 pages, JHEP style; 1-loop corrections to gauge kinetic functions are fully computed, references are adde

Modelling and Simulation of a Manipulator with Stable Viscoelastic Grasping Incorporating Friction

Design, dynamics and control of a humanoid robotic hand based on anthropological dimensions, with joint friction, is modelled, simulated and analysed in this paper by using computer aided design and multibody dynamic simulation. Combined joint friction model is incorporated in the joints. Experimental values of coefficient of friction of grease lubricated sliding contacts representative of manipulator joints are presented. Human fingers deform to the shape of the grasped object (enveloping grasp) at the area of interaction. A mass-spring-damper model of the grasp is developed. The interaction of the viscoelastic gripper of the arm with objects is analysed by using Bond Graph modelling method. Simulations were conducted for several material parameters. These results of the simulation are then used to develop a prototype of the proposed gripper. Bond graph model is experimentally validated by using the prototype. The gripper is used to successfully transport soft and fragile objects. This paper provides information on optimisation of friction and its inclusion in both dynamic modelling and simulation to enhance mechanical efficiency

Towards Z_2-protected gauge--Higgs unification

In theories with flux compactification in eight or higher dimensions, the extra-dimensional components of the gauge field may be regarded as the Higgs field candidates. We suggest a way to protect these components from getting large tree-level masses by imposing a $Z_2$-symmetry acting on compact manifolds and background fields on them. In our scheme the infinite series of heavy KK modes naturally decouples from the light Higgs candidates, whose number is generically larger than one. We also present toy models with three families of leptons, illustrating that the Yukawa sector in our scheme is fairly strongly constrained. In one of these models, one fermion gets a tree-level mass after electroweak symmetry breaking, while two others remain naturally massless at the tree level.Comment: A few points clarified. Journal versio

Conformal Gauge Mediation

We propose a one-parameter theory for gauge mediation of supersymmetry (SUSY) breaking. The spectrum of SUSY particles such as squarks and sleptons in the SUSY standard-model and the dynamics of SUSY-breaking sector are, in principle, determined only by one parameter in the theory, that is, the mass of messengers. Above the messenger threshold all gauge coupling and Yukawa coupling constants in the SUSY-breaking sector are on the infrared fixed point. We find that the present theory may predict a split spectrum of the standard-model SUSY particles, m_{gaugino} < m_{sfermion}, where m_{gaugino} and m_{sfermion} are SUSY-breaking masses for gauginos and squarks/sleptons, respectively.Comment: 17 page