881 research outputs found

    UNICS - An Unified Instrument Control System for Small/Medium Sized Astronomical Observatories

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    Although the astronomy community is witnessing an era of large telescopes, smaller and medium sized telescopes still maintain their utility being larger in numbers. In order to obtain better scientific outputs it is necessary to incorporate modern and advanced technologies to the back-end instruments and to their interfaces with the telescopes through various control processes. However often tight financial constraints on the smaller and medium size observatories limit the scope and utility of these systems. Most of the time for every new development on the telescope the back-end control systems are required to be built from scratch leading to high costs and efforts. Therefore a simple, low cost control system for small and medium size observatory needs to be developed to minimize the cost and efforts while going for the expansion of the observatory. Here we report on the development of a modern, multipurpose instrument control system UNICS (Unified Instrument Control System) to integrate the controls of various instruments and devices mounted on the telescope. UNICS consists of an embedded hardware unit called Common Control Unit (CCU) and Linux based data acquisition and User Interface. The Hardware of the CCU is built around the Atmel make ATmega 128 micro-controller and is designed with a back-plane, Master Slave architecture. The Graphical User Interface (GUI) has been developed based on QT and the back end application software is based on C/C++. UNICS provides feedback mechanisms which give the operator a good visibility and a quick-look display of the status and modes of instruments. UNICS is being used for regular science observations since March 2008 on 2m, f/10 IUCAA Telescope located at Girawali, Pune India.Comment: Submitted to PASP, 10 Pages, 5 figure

    Multiple agency perspective, family control, and private information abuse in an emerging economy

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    Using a comprehensive sample of listed companies in Hong Kong this paper investigates how family control affects private information abuses and firm performance in emerging economies. We combine research on stock market microstructure with more recent studies of multiple agency perspectives and argue that family ownership and control over the board increases the risk of private information abuse. This, in turn, has a negative impact on stock market performance. Family control is associated with an incentive to distort information disclosure to minority shareholders and obtain private benefits of control. However, the multiple agency roles of controlling families may have different governance properties in terms of investors’ perceptions of private information abuse. These findings contribute to our understanding of the conflicting evidence on the governance role of family control within a multiple agency perspectiv

    Momentum meets value investing in a small European market

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    In this paper, we investigate two prominent market anomalies documented in the finance literature – the momentum effect and value-growth effect. We conduct an out- of-sample test to the link between these two anomalies recurring to a sample of Portuguese stocks during the period 1988–2015. We find that the momentum of value and growth stocks is significantly different: growth stocks exhibit a much larger momentum than value stocks. A combined value and momentum strategy can generate statistically significant excess annual returns of 10.8%. These findings persist across several holding periods up to a year. Moreover, we show that macroeconomic variables fail to explain value and momentum of individual and combined returns. Collectively, our results contradict market efficiency at the weak form and pose a challenge to existing asset pricing theories.info:eu-repo/semantics/publishedVersio

    Characterizing the cool kois. V. koi-256: A mutually eclipsing post-common envelope binary

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    We report that Kepler Object of Interest 256 (KOI-256) is a mutually eclipsing post-common envelope binary (ePCEB), consisting of a cool white dwarf (M* = 0.592 ± 0.089 M, R = 0.01345 ± 0.00091 R , T eff = 7100 ± 700 K) and an active M3 dwarf (M* = 0.51 ± 0.16 M , R* = 0.540 ± 0.014 R , T eff = 3450 ± 50 K) with an orbital period of 1.37865 ± 0.00001 days. KOI-256 is listed as hosting a transiting planet-candidate by Borucki et al. and Batalha et al.; here we report that the planet-candidate transit signal is in fact the occultation of a white dwarf as it passes behind the M dwarf. We combine publicly-available long- and short-cadence Kepler light curves with ground-based measurements to robustly determine the system parameters. The occultation events are readily apparent in the Kepler light curve, as is spin-orbit synchronization of the M dwarf, and we detect the transit of the white dwarf in front of the M dwarf halfway between the occultation events. The size of the white dwarf with respect to the Einstein ring during transit (R Ein = 0.00473 ± 0.00055 R ) causes the transit depth to be shallower than expected from pure geometry due to gravitational lensing. KOI-256 is an old, long-period ePCEB and serves as a benchmark object for studying the evolution of binary star systems as well as white dwarfs themselves, thanks largely to the availability of near-continuous, ultra-precise Kepler photometry. © 2013. The American Astronomical Society. All rights reserved.

    A precise measurement of the magnetic field in the corona of the black hole binary V404 Cygni

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    Observations of binary stars containing an accreting black hole or neutron star often show x-ray emission extending to high energies (>10 kilo­–electron volts), which is ascribed to an accretion disk corona of energetic particles akin to those seen in the solar corona. Despite their ubiquity, the physical conditions in accretion disk coronae remain poorly constrained. Using simultaneous infrared, optical, x-ray, and radio observations of the Galactic black hole system V404 Cygni, showing a rapid synchrotron cooling event in its 2015 outburst, we present a precise 461 ± 12 gauss magnetic field measurement in the corona. This measurement is substantially lower than previous estimates for such systems, providing constraints on physical models of accretion physics in black hole and neutron star binary systems. This article has a correction. Please see: http://science.sciencemag.org/content/360/6386/eaat927
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