5,824 research outputs found

    An Experimental Analysis ofGroup Size and Risk Sharing

    Get PDF
    We study the relationship between group size and the extent of risk sharing in an insurance game played over a number of periods with random idiosyncratic and aggregate shocks to income in each period. Risk sharing is attained via agents that receive a high endowment in one period making unilateral transfers to agents that receive a low endowment in that period. The complete risk sharing allocation is for all agents to place their endowments in a common pool, which is then shared equally among members of the group in every period. Theoretically, the larger the group size, the smaller the per capita dispersion in consumption and greater is the potential value of insurance. Field evidence however suggests that smaller groups do better than larger groups as far as risk sharing is concerned. Results from our experiments show that the extent of mutual insurance is significantly higher in smaller groups, though contributions to the pool are never close to what complete risk sharing requires.Reciprocity, Risk Sharing, Group Size, Experiments

    Do Attitudes Towards Corruption Differ Across Cultures? Experimental Evidence from Australia, India, Indonesia andSingapore

    Get PDF
    This paper examines cultural differences in attitudes towards corruption by analysing individual-decision making in a corrupt experimental environment. Attitudes towards corruption play a critical role in the persistence of corruption. Our experiments differentiate between the incentives to engage in corrupt behaviour and the incentives to punish corrupt behaviour and allow us to explore whether, in environments characterized by lower levels of corruption, there is both a lower propensity to engage in corrupt behaviour and a higher propensity to punish corrupt behaviour. Based on experiments run in Australia (Melbourne), India (Delhi), Indonesia (Jakarta) and Singapore, we find that there is more variation in the propensities to punish corrupt behaviour than in the propensities to engage in corrupt behaviour across cultures. The results reveal that the subjects in India exhibit a higher tolerance towards corruption than the subjects in Australia while the subjects in Indonesia behave similarly to those in Australia. The subjects in Singapore have a higher propensity to engage in corruption than the subjects in Australia. We also vary our experimental design to examine the impact of a more effective punishment system and the effect of the perceived cost of bribery.Corruption, Experiments, Punishment, Cultural Analysis

    Heat conduction and phonon localization in disordered harmonic crystals

    Get PDF
    We investigate the steady state heat current in two and three dimensional isotopically disordered harmonic lattices. Using localization theory as well as kinetic theory we estimate the system size dependence of the current. These estimates are compared with numerical results obtained using an exact formula for the current given in terms of a phonon transmission function, as well as by direct nonequilibrium simulations. We find that heat conduction by high-frequency modes is suppressed by localization while low-frequency modes are strongly affected by boundary conditions. Our {\color{black}heuristic} arguments show that Fourier's law is valid in a three dimensional disordered solid except for special boundary conditions. We also study the pinned case relevant to localization in quantum systems and often used as a model system to study the validity of Fourier's law. Here we provide the first numerical verification of Fourier's law in three dimensions. In the two dimensional pinned case we find that localization of phonon modes leads to a heat insulator.Comment: 5 pages, 3 figure

    Dissipative hydrodynamics in 2+1 dimension

    Full text link
    In 2+1 dimension, we have simulated the hydrodynamic evolution of QGP fluid with dissipation due to shear viscosity. Comparison of evolution of ideal and viscous fluid, both initialised under the same conditions e.g. same equilibration time, energy density and velocity profile, reveal that the dissipative fluid evolves slowly, cooling at a slower rate. Cooling get still slower for higher viscosity. The fluid velocities on the otherhand evolve faster in a dissipative fluid than in an ideal fluid. The transverse expansion is also enhanced in dissipative evolution. For the same decoupling temperature, freeze-out surface for a dissipative fluid is more extended than an ideal fluid. Dissipation produces entropy as a result of which particle production is increased. Particle production is increased due to (i) extension of the freeze-out surface and (ii) change of the equilibrium distribution function to a non-equilibrium one, the last effect being prominent at large transverse momentum. Compared to ideal fluid, transverse momentum distribution of pion production is considerably enhanced. Enhancement is more at high pTp_T than at low pTp_T. Pion production also increases with viscosity, larger the viscosity, more is the pion production. Dissipation also modifies the elliptic flow. Elliptic flow is reduced in viscous dynamics. Also, contrary to ideal dynamics where elliptic flow continues to increase with transverse momentum, in viscous dynamics, elliptic flow tends to saturate at large transverse momentum. The analysis suggest that initial conditions of the hot, dense matter produced in Au+Au collisions at RHIC, as extracted from ideal fluid analysis can be changed significantly if the QGP fluid is viscous.Comment: 11 pages, 10 figures (revised). In the revised version, calculations are redone with ADS/CFT and perurbative estimate of viscosity. Comments on the unphysical effects like early reheating of the fluid, in 1st order dissipative theories are added. The particle spectra calculations are redone with modified programm

    Dissipative hydrodynamics for viscous relativistic fluids

    Get PDF
    Explicit equations are given for describing the space-time evolution of non-ideal (viscous) relativistic fluids undergoing boost-invariant longitudinal and arbitrary transverse expansion. The equations are derived from the second-order Israel-Stewart approach which ensures causal evolution. Both azimuthally symmetric (1+1)-dimensional and non-symmetric (2+1)-dimensional transverse expansion are discussed. The latter provides the formal basis for the hydrodynamic computation of elliptic flow in relativistic heavy-ion collisions including dissipative effects.Comment: 12 pages, no figures. Submitted to Physical Review

    Local methylthiolate adsorption geometry on Au(111) from photoemission core-level shifts

    Get PDF
    The local adsorption structure of methylthiolate in the ordered Au(111)-(√3×√3)R30° phase has been investigated using core-level-shift measurements of the surface and bulk components of the Au 4f7/2 photoelectron binding energy. The amplitude ratio of the core-level-shift components associated with surface Au atoms that are, and are not, bonded to the thiolate is found to be compatible only with the previously proposed Au-adatom-monothiolate moiety in which the thiolate is bonded atop Au adatoms in hollow sites, and not on an unreconstructed surface, or in Au-adatom-dithiolate species
    • 

    corecore