5,021 research outputs found
A Fallacy of Division: The Failure of Market Concentration as a Measure of Competition in U.S. Banking
Empirical literature and related legal practice using concentration as a proxy for competition measurement are prone to a fallacy of division, as concentration measures are appropriate for perfect competition and perfect collusion but not intermediate levels of competition. Extending the classic Cournot-type competition model of Cowling and Waterson (1976) and Cowling (1976) used to derive the Hirschman-Herfindahl Index (HHI) of market concentration, we propose an adaptation of this model that allows collusive rents for all, none, or some of the firms in a market. Application of our model to data for U.S. commercial banks in the period 1984-2004 confirms that concentration measures are unreliable competition metrics. While collusion is prevalent in the banking industry at the state level, the critical market shares at which market power is achieved, rents earned from collusion, and collusive concentration levels vary widely across states. These and other results lead us to conclude that a fallacy of division exists in concentration-based competition tests.SCP hypothesis, competition, Cournot, conjectural variation, efficiency hypothesis
Reviewing media literacy intervention studies for validity
This study is an examination of validity in published articles that have provided tests of the effectiveness of media literacy interventions. We identified 88 published tests of media literacy interventions then analyzed their content using five coding variables that indicated the degree to which authors of those studies established basic validity. We first conducted a meaning analysis to identify the definitions that authors of those studies presented for media literacy. Then we used those definitions to determine the extent to which those authors provided a complete (content validity) and accurate (face validity) operationalization in the design of their measures
Suppression of superconductivity in nanowires by bulk superconductors
Transport measurements were made on a system consisting of a zinc nanowire
array sandwiched between two bulk superconducting electrodes (Sn or In). It was
found that the superconductivity of Zn nanowires of 40 nm diameter is
suppressed either completely or partially by the superconducting electrodes.
When the electrodes are driven into their normal state by a magnetic field, the
nanowires switch back to their superconducting state. This phenomenon is
significantly weakened when one of the two superconducting electrodes is
replaced by a normal metal. The phenomenon is not seen in wires with diameters
equal to and thicker than 70 nm.Comment: 4 pages, 5 figure
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Nanoparticles for live cell microscopy: A surface-enhanced Raman scattering perspective.
Surface enhanced Raman scattering (SERS) nanoparticles are an attractive alternative to fluorescent probes for biological labeling because of their photostability and multiplexing capabilities. However, nanoparticle size, shape, and surface properties are known to affect nanoparticle-cell interactions. Other issues such as the formation of a protein corona and antibody multivalency interfere with the labeling properties of nanoparticle-antibody conjugates. Hence, it is important to consider these aspects in order to validate such conjugates for live cell imaging applications. Using SERS nanoparticles that target HER2 and CD44 in breast cancer cells, we demonstrate labeling of fixed cells with high specificity that correlates well with fluorescent labels. However, when labeling live cells to monitor surface biomarker expression and dynamics, the nanoparticles are rapidly uptaken by the cells and become compartmentalized into different cellular regions. This behavior is in stark contrast to that of fluorescent antibody conjugates. This study highlights the impact of nanoparticle internalization and trafficking on the ability to use SERS nanoparticle-antibody conjugates to monitor cell dynamics
Linkage disequilibrium compared between five populations of domestic sheep
<p>Abstract</p> <p>Background</p> <p>The success of genome-wide scans depends on the strength and magnitude of linkage disequilibrium (LD) present within the populations under investigation. High density SNP arrays are currently in development for the sheep genome, however little is known about the behaviour of LD in this livestock species. This study examined the behaviour of LD within five sheep populations using two LD metrics, D' and x<sup>2'</sup>. Four economically important Australian sheep flocks, three pure breeds (White Faced Suffolk, Poll Dorset, Merino) and a crossbred population (Merino × Border Leicester), along with an inbred Australian Merino museum flock were analysed.</p> <p>Results</p> <p>Short range LD (0 – 5 cM) was observed in all five populations, however the persistence with increasing distance and magnitude of LD varied considerably between populations. Average LD (x<sup>2'</sup>) for markers spaced up to 20 cM exceeded the non-syntenic average within the White Faced Suffolk, Poll Dorset and Macarthur Merino. LD decayed faster within the Merino and Merino × Border Leicester, with LD below or consistent with observed background levels. Using marker-marker LD as a guide to the behaviour of marker-QTL LD, estimates of minimum marker spacing were made. For a 95% probability of detecting QTL, a microsatellite marker would be required every 0.1 – 2.5 centimorgans, depending on the population used.</p> <p>Conclusion</p> <p>Sheep populations were selected which were inbred (Macarthur Merino), highly heterogeneous (Merino) or intermediate between these two extremes. This facilitated analysis and comparison of LD (x<sup>2'</sup>) between populations. The strength and magnitude of LD was found to differ markedly between breeds and aligned closely with both observed levels of genetic diversity and expectations based on breed history. This confirmed that breed specific information is likely to be important for genome wide selection and during the design of successful genome scans where tens of thousands of markers will be required.</p
Dissipation in Quasi One-Dimensional Superconducting Single-Crystal Sn Nanowires
Electrical transport measurements were made on single-crystal Sn nanowires to
understand the intrinsic dissipation mechanisms of a one-dimensional
superconductor. While the resistance of wires of diameter larger than 70 nm
drops precipitately to zero at Tc near 3.7 K, a residual resistive tail
extending down to low temperature is found for wires with diameters of 20 and
40 nm. As a function of temperature, the logarithm of the residual resistance
appears as two linear sections, one within a few tenths of a degree below Tc
and the other extending down to at least 0.47 K, the minimum temperature of the
measurements. The residual resistance is found to be ohmic at all temperatures
below Tc of Sn. These findings are suggestive of a thermally activated phase
slip process near Tc and quantum fluctuation-induced phase slip process in the
low temperature regime. When the excitation current exceeds a critical value,
the voltage-current (V-I) curves show a series of discrete steps in approaching
the normal state. These steps cannot be fully understood with the classical
Skocpol-Beasley-Tinkham phase slip center model (PSC), but can be qualitatively
accounted for partly by the PSC model modified by Michotte et al.Comment: 7 pages, 5 figures. To be appeared on Physical Review B 71, 200
Facile Pyrolytic Synthesis of Silicon Nanowires
One-dimensional nanostructures such as silicon nanowires (SiNW) are attractive candidates for low power density electronic and optoelectronic devices including sensors. A new simple method for SiNW bulk synthesis[1, 2] is demonstrated in this work, which is inexpensive and uses low toxicity materials, thereby offering a safe, energy efficient and green approach. The method uses low flammability liquid phenylsilanes, offering a safer avenue for SiNW growth compared with using silane gas. A novel, duo-chamber glass vessel is used to create a low-pressure environment where SiNWs are grown through vapor-liquid-solid mechanism using gold nanoparticles as a catalyst. The catalyst decomposes silicon precursor vapors of diphenylsilane and triphenylsilane and precipitates single crystal SiNWs, which appear to grow parallel to the substrate surface. This opens up possibilities for synthesizing nano-junctions amongst wires which is important for the grid architecture of nanoelectronics proposed by Likharev[3]. Even bulk synthesis of SiNW is feasible using sacrificial substrates such as CaCO(3) that can be dissolved post-synthesis. Furthermore, by dissolving appropriate dopants in liquid diphenylsilane, a controlled doping of the nanowires is realized without the use of toxic gases and expensive mass flow controllers. Upon boron doping, we observe a characteristic red shift in photoluminescence spectra. In summary, an inexpensive and versatile method for SiNW is presented that makes these exotic materials available to any lab at low cost
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