Analysis of Price Dispersion in E-Market: A Case Study

Some studies show that Internet markets are more efficient than conventional markets with respect to price levels, menu costs, and price elasticity, except substantial and persistent dispersion in prices on the Internet. Is price dispersion in Internet markets higher than that of conventional markets? This paper examines the nature of price competition in books among five online book-sellers in China, i.e. dangdang.com, joyo.com, bjbb.com, china-pub.com and welan.com. Unlike the researches before, we not only consider the products’ prices, but also the whole price level. According to the investigations and analyses of 50 books price observations collected in August 2004, we conclude that the whole price dispersion in Internet markets is not higher than conventional markets, and high price dispersion on one sample is the results of firm’s discrimination strategy. When the competition is very complete, the prices show a tendency to be consistent

Progressive tilting of salt-bearing continental margins controls thin-skinned deformation

As a primary driving force, margin tilting is crucial for gravity-driven thin-skinned salt tectonics. We investigated how instant versus progressive margin tilting mechanisms influence salt tectonics using an analogue modeling setup where tilting rate could be controlled. Instant tilting resulted in initially high deformation rates, triggering widely distributed upslope extension and downslope contraction. Later, both the extensional and contractional domains migrated upslope as early extensional structures were successively deactivated, while deformation rates decreased exponentially. In contrast, progressive tilting led to downslope migration of the extensional domain by sequentially formed, long-lived normal faults. Contraction localized on a few, long-lived thrusts before migrating upslope. We attribute the distinct structural evolution of thin-skinned deformation, especially in the extensional domain, in the two tilting scenarios mainly to mechanical coupling between the brittle overburden and underlying viscous material. The coupling effect in turn is largely controlled by the deformation rate. By demonstrating the spatiotemporal variations of structural style and kinematic evolution associated with instant versus progressive tilting, we suggest that such variation is identifiable in nature and therefore can provide a new way to analyze margin tilting histories.publishedVersio

Overprinting translational domains in passive margin salt basins: insights from analogue modelling

Current models of gravitational tectonics on the structural styles of salt-influenced passive margins typically depict domains of upslope extension and corresponding downslope contraction separated by a mid-slope domain of translation that is rather undeformed. However, an undeformed translational domain is rarely observed in natural systems as extensional and contractional structures tend to interfere in the mid-slope area. In this study, we use sandbox analogue modelling analysed by digital image correlation (DIC) to investigate some of the factors that control the structural evolution of translational domains. As in nature, experimental deformation is driven by slowly increasing gravitational forces associated with continuous basal tilting. The results show that a translational domain persists throughout the basin evolution when the pre-kinematic layer is evenly distributed. However, a thin (1 mm in the experiment, 100 m in nature) pre-kinematic layer can render the translational domain relatively narrow compared to settings with a thicker (5 mm) pre-kinematic layer. In contrast, early differential sedimentary loading in the mid-slope area creates minibasins separated by salt diapirs overprinting the translational domain. Similarly, very low sedimentation rate (1 mm per day in the experiment, < 17 m Ma−1 in nature) in the early stage of the experiment results in a translational domain quickly overprinted by downslope migration of the extensional domain and upslope migration of the contractional domain. Our study suggests that the architecture of passive margin salt basins is closely linked to the pre- and syn-kinematic cover thickness. The translational domain, as an undeformed region in the supra-salt cover, is a transient feature and overprinted in passive margins with either low sedimentation rate or a heterogeneous sedimentation pattern.publishedVersio

Spatial and temporal variations in minibasin geometry and evolution in salt tectonic provinces: Lower Congo Basin, offshore Angola

In passive margin salt basins, the distinct kinematic domains of thin‐skinned extension, translation and contraction exert important controls on minibasin evolution. However, the relationship between various salt minibasin geometries and kinematic domain evolution is not clear. In this study, we use a semi‐regional 3D seismic reflection dataset from the Lower Congo Basin, offshore Angola, to investigate the evolution of a network of minibasins and intervening salt walls during thin‐skinned, gravity‐driven salt flow. Widespread thin‐skinned extension occurred during the Cenomanian to Coniacian, accommodated by numerous distributed normal faults that are typically 5–10 km long and spaced 1–4 km across strike within the supra‐salt cover. Subsequently, during the Santonian–Paleocene, multiple, 10–25 km long, 5–7 km wide depocentres progressively grew and linked along strike to form elongate minibasins separated by salt walls of comparable lengths. Simultaneous with the development of the minibasins, thin‐skinned contractional deformation occurred in the southwestern downslope part of the study area, forming folds and thrusts that are up to 20 km long and have a wavelength of 2–4 km. The elongate minibasins evolved into turtle structures during the Eocene to Oligocene. From the Miocene onwards, contraction of the supra‐salt cover caused squeezing and uplift of the salt walls, further confining the minibasin depocentres. We find kinematic domains of extension, translation and contraction control the minibasin initiation and subsequent evolution. However, we also observe variations in minibasin geometries associated with along‐strike growth and linkage of depocentres. Neighbouring minibasins may have different subsidence rates and maturity leading to marked variations in their geometry. Additionally, migration of the contractional domain upslope and multiple phases of thin‐skinned salt tectonics further complicates the spatial variations in minibasin geometry and evolution. This study suggests that minibasin growth is more variable and complex than existing domain‐controlled models would suggest.publishedVersio

How is a turbidite actually deposited?

The deposition of a classic turbidite by a surge-type turbidity current, as envisaged by conceptual models, is widely considered a discrete event of continuous sediment accumulation at a falling rate by the gradually waning density flow. Here, we demonstrate, on the basis of a high-resolution advanced numerical CFD (computational fluid dynamics) simulation and rock-record examples, that the depositional event in reality involves many brief episodes of nondeposition. The reason is inherent hydraulic fluctuations of turbidity current energy driven by interfacial Kelvin-Helmholtz waves. The experimental turbidity current, with realistic grain-size composition of a natural turbidite, used only 26 to 33% of its in-place flow time for deposition, while the remaining time went to the numerous episodes of sediment bypass and transient erosion. The general stratigraphic notion of a gross incompleteness of sedimentary record may then extend down to the deposition time scale of a single turbidite.publishedVersio

Active faulting controls bedform development on a deep-water fan

Tectonically controlled topography influences deep-water sedimentary systems. Using 3-D seismic reflection data from the Levant Basin, eastern Mediterranean Sea, we investigate the spatial and temporal evolution of bedforms on a deep-water fan cut by an active normal fault. In the footwall, the fan comprises cyclic steps and antidunes along its axial and external portions, respectively, which we interpret to result from the spatial variation in flow velocity due to the loss of confinement at the canyon mouth. Conversely, in the hanging wall, the seafloor is nearly featureless at seismic scale. Numerical modeling of turbidity currents shows that the fault triggers a hydraulic jump that suppresses the flow velocity downstream, which thus explains the lack of visible bedforms basinward. This study shows that the topography generated by active normal faulting controls the downslope evolution of turbidity currents and the associated bedforms and that seafloor geomorphology can be used to evince syn-tectonic deposition