Intervalling-Effect Bias and Competition Policy

The purpose of this paper is twofold. First, it aims to investigate whether the security's systematic risk beta estimates change as the infrequent trading phenomenon appears. Second, it attempts to provide useful insight on the impact of mergers and acquisitions on competition policy. For this reason, we employ the models of Scholes and Williams (1977), Dimson (1979), Cohen et al. (1983a) and Maynes and Rumsey (1993) on a small stock exchange with thickly infrequent trading stocks. The empirical results reveal that for some securities the models employed by Scholes and Williams (1977) and Cohen et al. (1983a) improve the biasness of the Ordinary Least Squares Market Model (Maynes and Rumsey, 1993). We argue that competitors gain while merged entities loose or at least do not gain from the clearness of the investigated mergers

Factors Associated With Retinal Vessel Diameters in an Elderly Population: the Thessaloniki Eye Study

Purpose: To identify the factors associated with retinal vessel diameters in the population of the Thessaloniki Eye Study. Methods: Cross-sectional population-based study (age ≥ 60 years). Subjects with glaucoma, late age-related macular degeneration, and diabetic retinopathy were excluded from the analyses. Retinal vessel diameters were measured using the IVAN software, and measurements were summarized to central retinal artery equivalent (CRAE), central retinal vein equivalent (CRVE), and arteriole to venule ratio (AVR). Results: The analysis included 1614 subjects. The hypertensive group showed lower values of CRAE (P = 0.033) and AVR (P = 0.0351) compared to the normal blood pressure (BP) group. On the contrary, the group having normal BP under antihypertensive treatment did not have different values compared to the normal BP group. Diastolic BP (per mm Hg) was negatively associated with CRAE (P < 0.0001) and AVR (P < 0.0001), while systolic BP (per mm Hg) was positively associated with CRAE (P = 0.001) and AVR (P = 0.0096). Other factors significantly associated included age, sex, alcohol, smoking, cardiovascular disease history, ophthalmic medication, weight, and IOP; differences were observed in a stratified analysis based on BP medication use. Conclusions: Our study confirms previous reports about the association of age and BP with vessel diameters. The negative correlation between BP and CRAE seems to be guided by the effect of diastolic BP as higher systolic BP is independently associated with higher values of CRAE. The association of BP status with retinal vessel diameters is determined by diastolic BP status in our population. Multiple other factors are also independently associated with retinal vessel diameters

A Bayesian data assimilation framework for lake 3D hydrodynamic models with a physics-preserving particle filtering method using SPUX-MITgcm v1

We present a Bayesian inference for a three-dimensional hydrodynamic model of Lake Geneva with stochastic weather forcing and high-frequency observational datasets. This is achieved by coupling a Bayesian inference package, SPUX, with a hydrodynamics package, MITgcm, into a single framework, SPUX-MITgcm. To mitigate uncertainty in the atmospheric forcing, we use a smoothed particle Markov chain Monte Carlo method, where the intermediate model state posteriors are resampled in accordance with their respective observational likelihoods. To improve the uncertainty quantification in the particle filter, we develop a bi-directional long short-term memory (BiLSTM) neural network to estimate lake skin temperature from a history of hydrodynamic bulk temperature predictions and atmospheric data. This study analyzes the benefit and costs of such a state-of-the-art computationally expensive calibration and assimilation method for lakes.</p

Vanishing Cosmological Constant by Gravitino-Dressed Compactification of 11D Supergravity

We consider compactifications induced by the gravitino field of eleven dimensional supergravity. Such compactifications are not trivial in the sense that the gravitino profiles are not related to pure bosonic ones by means of a supersymmetry transformation. The basic property of such backgrounds is that they admit $\psi$-torsion although they have vanishing Riemann tensor. Thus, these backgrounds may be considered also as solutions of the teleparallel formulation of supergravity. We construct two classes of solutions, one with both antisymmetric three-form field, gravity and gravitino and one with only gravity and gravitino. In these classes of solutions, the internal space is a parallelized compact manifold, so that it does not inherit any cosmological constant to the external spacetime. The latter turns out to be flat Minkowski in the maximally symmetric case. The elimination of the cosmological constant in the spontaneously compactified supergravity seems to be a generic property based on the trading of the cosmological constant for parallelizing torsion.Comment: 17 pages, no figure

The TInnGO Observatory and the DIAMOND toolbox:self-assessment for service operators on fairness and inclusivity.

This paper summarises the contributions of both projects towards bring the community together, as presented in Session IX of the final conference/TDM Symposium 2021. This session featured a series of presentations from both projects on the steps and outputs that together contribute to the legacy ofSession X: Bringing the community together our projects. Both projects addressed the challenge outlined in the call MG-4-3-2018: Demographic change and participation of women in transport. Through our work we have understood the challenges and barriers to creating a fairer transport system. Here we present practical contributions, tools and strategies which can be built on by other researcher

Elevated temperature and nutrients lead to increased N2O emissions from salt marsh soils from cold and warm climates

Salt marshes can attenuate nutrient pollution and store large amounts of ‘blue carbon’ in their soils, however, the value of sequestered carbon may be partially offset by nitrous oxide (N2O) emissions. Global climate and land use changes result in higher temperatures and inputs of reactive nitrogen (Nr) into coastal zones. Here, we investigated the combined effects of elevated temperature (ambient + 5℃) and Nr (double ambient concentrations) on nitrogen processing in marsh soils from two climatic regions (Quebec, Canada and Louisiana, U.S.) with two vegetation types, Sporobolus alterniflorus (= Spartina alterniflora) and Sporobolus pumilus (= Spartina patens), using 24-h laboratory incubation experiments. Potential N2O fluxes increased from minor sinks to major sources following elevated treatments across all four marsh sites. One day of potential N2O emissions under elevated treatments (representing either long-term sea surface warming or short-term ocean heatwaves effects on coastal marsh soil temperatures alongside pulses of N loading) offset 15–60% of the potential annual ambient N2O sink, depending on marsh site and vegetation type. Rates of potential denitrification were generally higher in high latitude than in low latitude marsh soils under ambient treatments, with low ratios of N2O:N2 indicating complete denitrification in high latitude marsh soils. Under elevated temperature and Nr treatments, potential denitrification was lower in high latitude soil but higher in low latitude soil as compared to ambient conditions, with incomplete denitrification observed except in Louisiana S. pumilus. Overall, our findings suggest that a combined increase in temperature and Nr has the potential to reduce salt marsh greenhouse gas (GHG) sinks under future global change scenarios

Combining design and performance in a data visualization management system

Interactive data visualizations have emerged as a prominent way to bring data exploration and analysis capabilities to both technical and non-technical users. Despite their ubiquity and importance across applications, multiple design- and performance-related challenges lurk beneath the visualization creation process. To meet these challenges, application designers either use visualization systems (e.g., Endeca, Tableau, and Splunk) that are tailored to domain-specific analyses, or manually design, implement, and optimize their own solutions. Unfortunately, both approaches typically slow down the creation process. In this paper, we describe the status of our progress towards an end-to-end relational approach in our data visualization management system (DVMS). We introduce DeVIL, a SQL-like language to express static as well as interactive visualizations as database views that combine user inpu

Field-testing of the rapid assessment of disability questionnaire

The Rapid Assessment of Disability (RAD) questionnaire measures the magnitude and impact of disability and aims to inform the design of disability inclusive development programs. This paper reports the psychometric evaluation of the RAD