3,961 research outputs found

    On the Interactions between Capital Structure and Product Markets.A Survey of the Literature

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    This paper surveys capital structure theories based on product characteristics and the structure of input and output markets. In this manner, it extends the work of Harris and Raviv (1991). Simultaneously, we relate capital structure to decisions in the input and output markets, such as production and pricing, investments, and entry and exit. We briefly discuss each of the central papers in these literatures and relate them to the other models. Next, we present the known empirical evidence that either supports or rejects these models. Finally, we offer our conclusions and elaborate on this review article’s implications for future research.

    Jensen-Feynman approach to the statistics of interacting electrons

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    Faussurier et al. [Phys. Rev. E 65, 016403 (2001)] proposed to use a variational principle relying on Jensen-Feynman (or Gibbs-Bogoliubov) inequality in order to optimize the accounting for two-particle interactions in the calculation of canonical partition functions. It consists in a decomposition into a reference electron system and a first-order correction. The procedure appears to be very efficient in order to evaluate the free energy and the orbital populations. In this work, we present numerical applications of the method and propose to extend it using a reference energy which includes the interaction between two electrons inside a given orbital. This is possible thanks to our efficient recursion relation for the calculation of partition functions. We also show that a linear reference energy, however, is usually sufficient to achieve a good precision and that the most promising way to improve the approach of Faussurier et al. is to apply Jensen's inequality to a more convenient convex function.Comment: submitted to Physical Review

    Atomic data from the Iron Project.XLIII. Transition probabilities for Fe V

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    An extensive set of dipole-allowed, intercombination, and forbidden transition probabilities for Fe V is presented. The Breit-Pauli R-matrix (BPRM) method is used to calculate 1.46 x 10^6 oscillator strengths for the allowed and intercombination E1 transitions among 3,865 fine-structure levels dominated by configuration complexes with n <= 10 and l <= 9. These data are complemented by an atomic structure configuration interaction (CI) calculation using the SUPERSTRUCTURE program for 362 relativistic quadrupole (E2) and magnetic dipole (M1) transitions among 65 low-lying levels dominated by the 3d^4 and 3d^ 4s configurations. Procedures have been developed for the identification of the large number of fine-structure levels and transitions obtained through the BPRM calculations. The target ion Fe VI is represented by an eigenfunction expansion of 19 fine-structure levels of 3d^3 and a set of correlation configurations. Fe V bound levels are obtained with angular and spin symmetries SL\pi and J\pi of the (e + Fe VI) system such that 2S+1 = 5,3,1, L <= 10, J <= 8 of even and odd parities. The completeness of the calculated dataset is verified in terms of all possible bound levels belonging to relevant LS terms and transitions in correspondence with the LS terms. The fine-structure averaged relativistic values are compared with previous Opacity Project LS coupling data and other works. The 362 forbidden transition probabilities considerably extend the available data for the E2 and M1 transtions, and are in good agreement with those computed by Garstang for the 3d^4 transitions.Comment: 19 pages, 1 figure. This paper marks the beginning of a large-scale effort of ab initio atomic calculations that should eventually lead to re-calculation of accurate iron opacities. Astron. Astrophys. Suppl. Ser. (in press

    Bose-Einstein transition temperature in a dilute repulsive gas

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    We discuss certain specific features of the calculation of the critical temperature of a dilute repulsive Bose gas. Interactions modify the critical temperature in two different ways. First, for gases in traps, temperature shifts are introduced by a change of the density profile, arising itself from a modification of the equation of state of the gas (reduced compressibility); these shifts can be calculated simply within mean field theory. Second, even in the absence of a trapping potential (homogeneous gas in a box), temperature shifts are introduced by the interactions; they arise from the correlations introduced in the gas, and thus lie inherently beyond mean field theory - in fact, their evaluation requires more elaborate, non-perturbative, calculations. One illustration of this non-perturbative character is provided by the solution of self-consistent equations, which relate together non-linearly the various energy shifts of the single particle levels k. These equations predict that repulsive interactions shift the critical temperature (at constant density) by an amount which is positive, and simply proportional to the scattering length a; nevertheless, the numerical coefficient is difficult to compute. Physically, the increase of the temperature can be interpreted in terms of the reduced density fluctuations introduced by the repulsive interactions, which facilitate the propagation of large exchange cycles across the sample.Comment: two minor corrections, two refs adde

    Diversity, urban space and the right to the provincial city

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    Using three vignettes of the same physical space this article contributes to understanding of how the right to the city is contested in provincial England in the early twenty-first century. Oral history and ethnographic material gathered in Peterborough between 2010 and 2012 are drawn on to shed new light on the politics of diversity and urban space. This highlights the multiple place attachments and trans-spatial practices of all residents, including the white ethnic majority, as well as contrasting forms of active intervention in space with their different temporalities and affective intensities. The article carries its own diversity politics, seeking to reduce the harm done by racism through challenging the normalisation of the idea of a local, indigenous population, left out by multiculturalism. It simultaneously raises critical questions about capitalist regeneration strategies in terms of their impact both on class inequality and on the environment

    Extended Kramers-Moyal analysis applied to optical trapping

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    The Kramers-Moyal analysis is a well established approach to analyze stochastic time series from complex systems. If the sampling interval of a measured time series is too low, systematic errors occur in the analysis results. These errors are labeled as finite time effects in the literature. In the present article, we present some new insights about these effects and discuss the limitations of a previously published method to estimate Kramers-Moyal coefficients at the presence of finite time effects. To increase the reliability of this method and to avoid misinterpretations, we extend it by the computation of error estimates for estimated parameters using a Monte Carlo error propagation technique. Finally, the extended method is applied to a data set of an optical trapping experiment yielding estimations of the forces acting on a Brownian particle trapped by optical tweezers. We find an increased Markov-Einstein time scale of the order of the relaxation time of the process which can be traced back to memory effects caused by the interaction of the particle and the fluid. Above the Markov-Einstein time scale, the process can be very well described by the classical overdamped Markov model for Brownian motion.Comment: 14 pages, 18 figure
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