Theoretical studies on the mechanical behavior of granular materials under very low intergranular stresses

The salient aspects of the theoretical modeling of a conventional triaxial test (CTC) of a cohesionless granular medium with stress and strain rate loading are described. Included are a controllable gravitational body force and provision for low confining pressure and/or very low intergranular stress. The modeling includes rational, analytic, and numerical phases, all in various stages of development. The numerical evolutions of theoretical models will be used in final design stages and in the analysis of the experimental data. In this the experimental design stage, it is of special interest to include in the candidate considerations every anomaly found in preliminary terrestrial experimentation. Most of the anomalies will be eliminated by design or enhanced for measurement as the project progresses. The main aspect of design being not the physical apparatus but the type and trajectories of loading elected. The major considerations that have been treated are: appearance and growth of local surface aberrations, stress-power coefficients, strain types, optical strain, radial bead migration, and measures of rotation for the proper stress flux

Were Japanese Stock Prices Too High?

The difference between reported price-earnings ratios in the United States and Japan is not as puzzling as it appears at first glance. Nearly half the disparity is caused by differences in accounting practices with respect to consolidation of earnings from subsidiaries and depreciation of fixed assets. If Japanese firms used U.S. accounting rules, we estimate that the P/E ratio for the Tokyo Stock Exchange would have been 32.1, not the reported 54.3, at the end of 1988. Accounting differences are unable, however, to explain the sharp rise in the Japanese stock market during the mid-1980s. Changes in required returns on equities, or in investor expectations of future growth for Japanese firms, must be invoked to explain this phenomenon. Real interest rates declined during the period of rapid price increase, but there is little evidence that growth expectations became more optimistic. The real interest rate changes do not, however, appear large enough to fully account for the change in stock prices.

Effect of the depression upon the industrial arts program in certain Massachusetts school systems

Thesis (Ed.M.)--Boston University, 1936. This item was digitized by the Internet Archive

Investor Diversification and International Equity Markets

The benefits of international diversification have been recognized for decades. In spite of this, most investors hold nearly all of their wealth in domestic assets. In this paper, we construct new estimates of the international equity portfolio holdings of investors in the U.S., Japan, and Britain. More than 98% of the equity portfolio of Japanese investors is held domestically; the analogous percentages are 94% for the U.S., and 82% for Britain. We use a simple model of investor preferences and behavior to show that current portfolio patterns imply that investors in each nation expect returns in their domestic equity market to be several hundred basis points higher than returns in other markets. This lack of diversification appears to be the result of investor choices, rather than institutional constraints.

Joint Strong and Weak Lensing Analysis of the Massive Cluster Field J0850+3604

We present a combined strong and weak lensing analysis of the J085007.6+360428 (J0850) field, which was selected by its high projected concentration of luminous red galaxies and contains the massive cluster Zwicky 1953. Using Subaru/Suprime-Cam $BVR_{c}I_{c}i^{\prime}z^{\prime}$ imaging and MMT/Hectospec spectroscopy, we first perform a weak lensing shear analysis to constrain the mass distribution in this field, including the cluster at $z = 0.3774$ and a smaller foreground halo at $z = 0.2713$. We then add a strong lensing constraint from a multiply-imaged galaxy in the imaging data with a photometric redshift of $z \approx 5.03$. Unlike previous cluster-scale lens analyses, our technique accounts for the full three-dimensional mass structure in the beam, including galaxies along the line of sight. In contrast with past cluster analyses that use only lensed image positions as constraints, we use the full surface brightness distribution of the images. This method predicts that the source galaxy crosses a lensing caustic such that one image is a highly-magnified "fold arc", which could be used to probe the source galaxy's structure at ultra-high spatial resolution ($< 30$ pc). We calculate the mass of the primary cluster to be $\mathrm{M_{vir}} = 2.93_{-0.65}^{+0.71} \times 10^{15}~\mathrm{M_{\odot}}$ with a concentration of $\mathrm{c_{vir}} = 3.46_{-0.59}^{+0.70}$, consistent with the mass-concentration relation of massive clusters at a similar redshift. The large mass of this cluster makes J0850 an excellent field for leveraging lensing magnification to search for high-redshift galaxies, competitive with and complementary to that of well-studied clusters such as the HST Frontier Fields.Comment: Accepted for publication in The Astrophysical Journal; 14 pages, 13 figures, 3 table

A Spectroscopic Survey of the Fields of 28 Strong Gravitational Lenses: Implications for H0H_0

Strong gravitational lensing provides an independent measurement of the Hubble parameter ($H_0$). One remaining systematic is a bias from the additional mass due to a galaxy group at the lens redshift or along the sightline. We quantify this bias for more than 20 strong lenses that have well-sampled sightline mass distributions, focusing on the convergence $\kappa$ and shear $\gamma$. In 23% of these fields, a lens group contributes a $\ge$1% convergence bias; in 57%, there is a similarly significant line-of-sight group. For the nine time delay lens systems, $H_0$ is overestimated by 11$^{+3}_{-2}$% on average when groups are ignored. In 67% of fields with total $\kappa \ge$ 0.01, line-of-sight groups contribute $\gtrsim 2\times$ more convergence than do lens groups, indicating that the lens group is not the only important mass. Lens environment affects the ratio of four (quad) to two (double) image systems; all seven quads have lens groups while only three of 10 doubles do, and the highest convergences due to lens groups are in quads. We calibrate the $\gamma$-$\kappa$ relation: $\log(\kappa_{\rm{tot}}) = (1.94 \pm 0.34) \log(\gamma_{\rm{tot}}) + (1.31 \pm 0.49)$ with a rms scatter of 0.34 dex. Shear, which, unlike convergence, can be measured directly from lensed images, can be a poor predictor of $\kappa$; for 19% of our fields, $\kappa$ is $\gtrsim 2\gamma$. Thus, accurate cosmology using strong gravitational lenses requires precise measurement and correction for all significant structures in each lens field.Comment: 34 pages, 11 figures, accepted for publication in Ap

WFPC2 Observations of Star Clusters in the Magellanic Clouds

We present our analysis of archival Hubble Space Telescope Wide Field Planetary Camera 2 (WFPC2) observations in F45OW ( approximately B) and F555W (approximately V) of the intermediate-age populous star clusters NGC 121, NGC 339, NGC 361, NGC 416, and Kron 3 in the Small Magellanic Cloud. We use published photometry of two other SMC populous star clusters, Lindsay 1 and Lindsay 113, to investigate the age sequence of these seven populous star clusters in order to improve our understanding of the formation chronology of the SMC. We analyzed the V vs B-V and M(sub V) vs (B-V)(sub 0) color-magnitude diagrams of these populous Small Magellanic Cloud star clusters using a variety of techniques and determined their ages, metallicities, and reddenings. These new data enable us to improve the age-metallicity relation of star clusters in the Small Magellanic Cloud. In particular, we find that a closed-box continuous star-formation model does not reproduce the age-metallicity relation adequately. However, a theoretical model punctuated by bursts of star formation is in better agreement with the observational data presented herein

WFPC2 Observations of the Small Magellanic Cloud Intermediate-Age Populous Cluster NGC 416

We present our analysis of archival Hubble Space Telescope Wide Field Planetary Camera 2 observations in F555W (~V) and F450W (~B) of the intermediate-age populous star cluster NGC 416 in the Small Magellanic Cloud galaxy. We use published photometry of two other SMC populous star clusters, Lindsay 1 and Lindsay 113, to investigate the age sequence of these three star clusters. We estimate that these clusters have age ratios of age_NGC416/age_L1 ~= 0.73 +- 0.05 and age_L113/age_L1 ~= 0.52 +- 0.09, using an extrapolation of the d_(B-V) method (which uses the color difference between the red horizontal branch and the red giant branch as an age indicator) of Sarajedini, Lee, & Lee [ApJ, 450, 712 (1995)]. These age ratios provide absolute age estimates of 6.6 +- 0.5 Gyr and 4.7 +- 0.8 Gyr for NGC 416 and Lindsay 113, respectively, assuming that Lindsay 1 is 9 Gyr old. Metallicities and reddenings for NGC 416, Lindsay 1, and Lindsay 113, respectively, were determined using the simultaneous reddening and metallicity (SRM) method of Sarajedini & Layden [AJ, 113, 264, (1997)]. Accurate (relative) ages for the intermediate-age populous clusters in the Small Magellanic Cloud (e.g. via deep main sequence photometry) would allow the d_(B-V) method to be recalibrated with star clusters that are significantly younger than 7 Gyr. An extended d_(B-V) method could prove to be a very useful age diagnostic for future studies of the intermediate-age metal-poor stellar populations in Local Group galaxies where accurate main-sequence turnoff photometry at M_V ~= +4 mag is currently not practical.Comment: 10 pages (LaTeX+aaspp4.sty), 1 table (in LaTeX file) and 2 figures (PostScript format). The PostScript version of the paper, table, and full-resolution figures is available at http://www.noao.edu/noao/staff/mighell/ngc416 To appear in the Astrophysical Journal Letter