Asymptotic Stability for Equilibria of Nonlinear Semiflows with Applications to Rotating Viscoelastic Rods, Part I

No Abstrac

Ownership, Incentives and Monitoring

This paper studies the effect of ownership structure on workers' incentives for investing in firm-specific human capital. Particularly, we analyse such incentivers and monitoring under employee ownership and capitalist ownership. In our model, the employee-owned firm is a firm bought by its workers who pay the competitive price. Under certain conditions, we show that the workers' investment and expected income are higher and the monitoring intensity is lower in an employee-owned firm than they are in a capitalist firm. We also show that the incentive effect of employee ownership increases as a worker's reservation wage decreases, as the monitoring cost or as the productivity uncertainty increases. Most of our results are consistent with the available empirical evidenceEmployee ownership, monitoring, incentives, property rights

Revisit of directed flow in relativistic heavy-ion collisions from a multiphase transport model

We have revisited several interesting questions on how the rapidity-odd directed flow is developed in relativistic $^{197}$Au+$^{197}$Au collisions at $\sqrt{s_{NN}}$ = 200 and 39 GeV based on a multiphase transport model. As the partonic phase evolves with time, the slope of the parton directed flow at midrapidity region changes from negative to positive as a result of the later dynamics at 200 GeV, while it remains negative at 39 GeV due to the shorter life time of the partonic phase. The directed flow splitting for various quark species due to their different initial eccentricities is observed at 39 GeV, while the splitting is very small at 200 GeV. From a dynamical coalescence algorithm with Wigner functions, we found that the directed flow of hadrons is a result of competition between the coalescence in momentum and coordinate space as well as further modifications by the hadronic rescatterings.Comment: 8 pages, 8 figures, version after major revisio