“Mediation-Only” Filings in the Delaware Court of Chancery: Can New Value Be Added by One of America’s Business Courts?

The following Essay by Vice Chancellor Leo Strine of the Delaware Court of Chancery advocates the enactment of legislation that authorizes the Court of Chancery to handle mediation-only cases. Such cases would be filed solely to invoke the aid of a Chancellor to mediate a business dispute between parties. By advocating this innovative dispute resolution option, the Essay embraces a new dimension of the American judicial role that allows American businesses to more efficiently solve complicated business controversies. The mediation-only device was conceived in 2001 by members of the Delaware judiciary, including Vice Chancellor Strine, in consultation with members of the Delaware Bar and the Administration of Delaware Governor Ruth Ann Minner. After this Essay was widely circulated to certain constituencies and presented at a symposium sponsored by the Duke Law Journal and the Institute for Law and Economic Policy (ILEP), legislation that contained the mediation-only device was drafted. In June 2003, with the full support of the Court of Chancery, Delaware Governor Minner secured passage of the legislation from Delaware\u27s General Assembly. The mediation-only device was enacted into law as 346 and 347 of Title 10 of the Delaware Code. To the Editors\u27 knowledge, this legislation is the first of its kind adopted in the United States

Comment on "Superfluid stability in the BEC-BCS crossover"

We point out an error in recent work by Pao, Wu, and Yip [Phys. Rev.B {\bf 73}, 132506 (2006)], that stems from their use of a necessary but not sufficient condition [positive compressibility (magnetic susceptibility) and superfluid stiffness] for the stability of the ground state of a polarized Fermi gas. As a result, for a range of detunings their proposed ground-state solution is a local maximum rather than a minimum of the ground state energy, which thereby invalidates their proposed phase diagram for resonantly interacting fermions under an imposed population difference.Comment: 4 pages, 2 figures. Version in PR

Integrable nonlinear field equations and loop algebra structures

We apply the (direct and inverse) prolongation method to a couple of nonlinear Schr{\"o}dinger equations. These are taken as a laboratory field model for analyzing the existence of a connection between the integrability property and loop algebras. Exploiting a realization of the Kac-Moody type of the incomplete prolongation algebra associated with the system under consideration, we develop a procedure with allows us to generate a new class of integrable nonlinear field equations containing the original ones as a special case.Comment: 13 pages, latex, no figures

Solving simple quaternionic differential equations

The renewed interest in investigating quaternionic quantum mechanics, in particular tunneling effects, and the recent results on quaternionic differential operators motivate the study of resolution methods for quaternionic differential equations. In this paper, by using the real matrix representation of left/right acting quaternionic operators, we prove existence and uniqueness for quaternionic initial value problems, discuss the reduction of order for quaternionic homogeneous differential equations and extend to the non-commutative case the method of variation of parameters. We also show that the standard Wronskian cannot uniquely be extended to the quaternionic case. Nevertheless, the absolute value of the complex Wronskian admits a non-commutative extension for quaternionic functions of one real variable. Linear dependence and independence of solutions of homogeneous (right) H-linear differential equations is then related to this new functional. Our discussion is, for simplicity, presented for quaternionic second order differential equations. This involves no loss of generality. Definitions and results can be readily extended to the n-order case.Comment: 9 pages, AMS-Te

The reorganization decisions of troubled firms: exit, downscale or relocate.

Decision; Firms; Management;

The choice and timing of foreign market entry under uncertainty.

This papers considers the minimally required payoffs to different means of foreign direct investments (FDI), where the investment is irreversible and payoffs are uncertain. It is found that the critival profit level at which it is optimal to create a joint venture (JV) increases with (i) the share of the TNC in the JV, (ii) the uncertainty about the payoffs, and (iii) the difference in taxation between the TNC's government and the host country's government. Moreover, cooperative JVs will be formed sooner than non-cooperative JVs. Under non-cooperation, the optimal share of the MNE increases with uncertainty, and decreases with taxation. Under cooperation, the partners intend to minimize the share. The results obtained partially explain recent empirical findings on Chines JVs.Market entry; Investments; Investment; Optimal; Country; Cooperation;

A Semiotic Analysis on the Perceived Meanings of Coca Cola “Anthem” Video Commercial

This study observes the perceived meanings produced by young adult (18 to 30 years old) and older (50 to 65 years old) respondents as respondents from different age group can produce different perceived meanings from each other. The writer's finding is that in perceiving, young adult respondents tend to emphasize on Coca Cola's emotional roles. On the other hand, the older respondents emphasize on Coca Cola's physical roles

Quantum decoupling transition in a one-dimensional Feshbach-resonant superfluid

We study a one-dimensional gas of fermionic atoms interacting via an s-wave molecular Feshbach resonance. At low energies the system is characterized by two Josephson-coupled Luttinger liquids, corresponding to paired atomic and molecular superfluids. We show that, in contrast to higher dimensions, the system exhibits a quantum phase transition from a phase in which the two superfluids are locked together to one in which, at low energies, quantum fluctuations suppress the Feshbach resonance (Josephson) coupling, effectively decoupling the molecular and atomic superfluids. Experimental signatures of this quantum transition include the appearance of an out-of-phase gapless mode (in addition to the standard gapless in-phase mode) in the spectrum of the decoupled superfluid phase and a discontinuous change in the molecular momentum distribution function.Comment: 4 RevTeX pages, 1 figure, submitted to PR