THE EFFECT OF RURAL ZONING ON THE ALLOCATION OF LAND USE IN OHIO

By incorporating the spatially arrangement of counties relative to each other, this paper uses a land use share model to investigate the possibility that the allocation of land use in one county could be influenced by not only the degree to which the county is zoned, but also the degree to which neighboring counties are zoned due to spillovers of zoning effects among neighboring counties. The estimation uses data on land use for 88 counties in Ohio.Land Economics/Use,

High power operation of an X-band gyrotwistron

We report the first experimental verification of a gyrotwistron amplifier. The device utilized a single 9.858 GHz, TE011 cavity, a heavily attenuated drift tube, and a long tapered output waveguide section. With a 440 kV, 200-245 A, 1 μs electron beam and a sharply tapered axial magnetic field, peak powers above 21 MW were achieved with a gain near 24 dB. Performance was limited by competition from a fundamental TE11 mode. A multimode code was developed to analyze this system, and simulations were in good agreement with the experiment

AN ANALYSIS OF THE PROFILES AND MOTIVATIONS OF HABITUAL COMMODITY SPECULATORS

The focus of this study is the habitual speculator in commodity futures markets. The speculator's activity broadens a market, creates essential liquidity, and performs an irreplaceable pricing function. Working knowledge of the profiles and motivations of habitual speculators is essential to both market theorist and policy makers. Responses to a 73 question survey were collected directly from retail commodity brokers with offices in Alabama. Each questionnaire recorded information on an individual commodity client who had traded for an extended period of time. The typical trader studied is a married, white male, age 52. He is affluent and well educated. He is a self-employed business owner who can recover from financial setbacks. He is a politically right wing conservative involved in the political process. He assumes a good deal of risk in most phases of his life. He is both an aggressive investor and an active gambler. This trader does not consider preservation of his commodity capital to be a very high trading priority. As a result, he rarely uses stop loss orders. He wins more frequently than he loses (over 51% of the time) but is an overall net loser in dollar terms. In spite of recurring trading losses, he has never made any substantial change in his basic trading style. To this trader, whether he won or lost on a particular trade is more important than the size of the win or loss. Thus he consistently cuts his profits short while letting his losses run. He also worries more about missing a move in the market by being on the sidelines than about losing by being on the wrong side of a market move; i.e., being in the action is more important than the financial consequences. Participating brokers confirmed that for the majority of the speculators studied, the primary motivation for continuous trading is the recreational utility derived largely from having a market position.Marketing,

LRG-BEASTS III: Ground-based transmission spectrum of the gas giant orbiting the cool dwarf WASP-80

We have performed ground-based transmission spectroscopy of the hot Jupiter orbiting the cool dwarf WASP-80 using the ACAM instrument on the William Herschel Telescope (WHT) as part of the LRG-BEASTS programme. This is the third paper of a ground-based transmission spectroscopy survey of hot Jupiters using low-resolution grism spectrographs. We observed two transits of the planet and have constructed transmission spectra spanning a wavelength range of 4640-8840A. Our transmission spectrum is inconsistent with a previously claimed detection of potassium in WASP-80b's atmosphere, and is instead most consistent with a haze. We also do not see evidence for sodium absorption at a resolution of 100A.Comment: 11 pages, 9 figures. Accepted for publication in MNRA

On Kinematic Substructure in the Sextans Dwarf Spheroidal Galaxy

We present multifiber echelle radial velocity results for 551 stars in the Sextans dwarf spheroidal galaxy and identify 294 stars as probable Sextans members. The projected velocity dispersion profile of the binned data remains flat to a maximum angular radius of $30^{\prime}$. We introduce a nonparametric technique for estimating the projected velocity dispersion surface, and use this to search for kinematic substructure. Our data do not confirm previous reports of a kinematically distinct stellar population at the Sextans center. Instead we detect a region near the Sextans core radius that is kinematically colder than the overall Sextans sample with 95% confidence.Comment: accepted for publication in ApJ Letters; 4 figures (2 color