4,165 research outputs found

    Toward Deposit Insurance Reform

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    The Texas Homestead: The Last Bulwark of Liberty Forum.

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    For more than 155 years Texans have adamantly supported the principle that the fundamental need for shelter justifies strict constitutional protection of homes from creditors in all but a few situations. This Article discusses where homestead protection came from and why it should not be lightly discarded. The Texas Constitution contains many rights and liberties for the protection and benefit of the state’s citizens. Unique among these treasured liberties is the protection of a person’s homestead from forced sale or foreclosure by creditors. A group of bankers and other financiers—for whom a homestead is nothing more than collateral and a potential source of profit—have been attacking the cherished home equity protection for several years. Not surprisingly, bankers from outside the state—with little regard for the unique history, traditions, and values of Texas and its citizens—lead this group. The homestead debate does not merely involve whether Texans should be allowed to obtain certain types of home equity loans; rather, it centers around protection of families from homelessness during hard times or personal hardships. Unless Texans continue to fight to preserve homestead liberty, it will become a land of homeless, rootless people—refugees in their own land. In every session of the state legislature since the author took seat in the Texas Senate in 1957, some attempt has been made to repeal the constitutional homestead liberty. The legislature rejected those attempts every time and, in fact, strengthened the homestead provision in a 1973 constitutional amendment. Today, once again, usurious hands are knocking on doors, anxious to take homes. The Texas Constitution has stood firmly in their path for 150 years. It may sometimes be inconvenient to be real estate rich yet cash poor, but it would be far worse to be overly indebted and homeless

    BOSS: Bayesian Optimization over String Spaces

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    This article develops a Bayesian optimization (BO) method which acts directly over raw strings, proposing the first uses of string kernels and genetic algorithms within BO loops. Recent applications of BO over strings have been hindered by the need to map inputs into a smooth and unconstrained latent space. Learning this projection is computationally and data-intensive. Our approach instead builds a powerful Gaussian process surrogate model based on string kernels, naturally supporting variable length inputs, and performs efficient acquisition function maximization for spaces with syntactical constraints. Experiments demonstrate considerably improved optimization over existing approaches across a broad range of constraints, including the popular setting where syntax is governed by a context-free grammar

    A Time-Dependent Radiative Model of HD209458b

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    We present a time-dependent radiative model of the atmosphere of HD209458b and investigate its thermal structure and chemical composition. In a first step, the stellar heating profile and radiative timescales were calculated under planet-averaged insolation conditions. We find that 99.99% of the incoming stellar flux has been absorbed before reaching the 7 bar level. Stellar photons cannot therefore penetrate deeply enough to explain the large radius of the planet. We derive a radiative time constant which increases with depth and reaches about 8 hr at 0.1 bar and 2.3 days at 1 bar. Time-dependent temperature profiles were also calculated, in the limit of a zonal wind that is independent on height (i.e. solid-body rotation) and constant absorption coefficients. We predict day-night variations of the effective temperature of \~600 K, for an equatorial rotation rate of 1 km/s, in good agreement with the predictions by Showman &Guillot (2002). This rotation rate yields day-to-night temperature variations in excess of 600 K above the 0.1-bar level. These variations rapidly decrease with depth below the 1-bar level and become negligible below the ~5--bar level for rotation rates of at least 0.5 km/s. At high altitudes (mbar pressures or less), the night temperatures are low enough to allow sodium to condense into Na2S. Synthetic transit spectra of the visible Na doublet show a much weaker sodium absorption on the morning limb than on the evening limb. The calculated dimming of the sodium feature during planetary transites agrees with the value reported by Charbonneau et al. (2002).Comment: 9 pages, 8 figures, replaced with the revised versio

    Weak lensing mass reconstructions of the ESO Distant Cluster Survey

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    We present weak lensing mass reconstructions for the 20 high-redshift clusters i n the ESO Distant Cluster Survey. The weak lensing analysis was performed on deep, 3-color optical images taken with VLT/FORS2, using a composite galaxy catalog with separate shape estimators measured in each passband. We find that the EDisCS sample is composed primarily of clusters that are less massive than t hose in current X-ray selected samples at similar redshifts, but that all of the fields are likely to contain massive clusters rather than superpositions of low mass groups. We find that 7 of the 20 fields have additional massive structures which are not associated with the clusters and which can affect the weak lensing mass determination. We compare the mass measurements of the remaining 13 clusters with luminosity measurements from cluster galaxies selected using photometric redshifts and find evidence of a dependence of the cluster mass-to-light ratio with redshift. Finally we determine the noise level in the shear measurements for the fields as a function of exposure time and seeing and demonstrate that future ground-based surveys which plan to perform deep optical imaging for use in weak lensing measurements must achieve point-spread functions smaller than a median of 0.6" FWHM.Comment: 35 pages, 24 figures, accepted to A&A, a version with better figure resolution can be found at http://www.mpa-garching.mpg.de/ediscs/papers.htm

    GIBBON: General-purpose Information-Based Bayesian Optimisation

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    This paper describes a general-purpose extension of max-value entropy search, a popular approach for Bayesian Optimisation (BO). A novel approximation is proposed for the information gain -- an information-theoretic quantity central to solving a range of BO problems, including noisy, multi-fidelity and batch optimisations across both continuous and highly-structured discrete spaces. Previously, these problems have been tackled separately within information-theoretic BO, each requiring a different sophisticated approximation scheme, except for batch BO, for which no computationally-lightweight information-theoretic approach has previously been proposed. GIBBON (General-purpose Information-Based Bayesian OptimisatioN) provides a single principled framework suitable for all the above, out-performing existing approaches whilst incurring substantially lower computational overheads. In addition, GIBBON does not require the problem's search space to be Euclidean and so is the first high-performance yet computationally light-weight acquisition function that supports batch BO over general highly structured input spaces like molecular search and gene design. Moreover, our principled derivation of GIBBON yields a natural interpretation of a popular batch BO heuristic based on determinantal point processes. Finally, we analyse GIBBON across a suite of synthetic benchmark tasks, a molecular search loop, and as part of a challenging batch multi-fidelity framework for problems with controllable experimental noise

    Characterization of the HD 17156 planetary system

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    AIMS : To improve the parameters of the HD 17156 system (peculiar due to the eccentric and long orbital period of its transiting planet) and constrain the presence of stellar companions. METHODS : Photometric data were acquired for 4 transits, and high precision radial velocity measurements were simultaneously acquired with SARG@TNG for one transit. The template spectra of HD 17156 was used to derive effective temperature, gravity, and metallicity. A fit of the photometric and spectroscopic data was performed to measure the stellar and planetary radii, and the spin-orbit alignment. Planet orbital elements and ephemeris were derived from the fit. Near infrared adaptive optic images was acquired with ADOPT@TNG. RESULTS: We have found that the star has a radius of R_S = 1.43+/-0.03 R_sun and the planet R_P =1.02+/-0.08 R_jup. The transit ephemeris is T_c = 2454\756.73134+/-0.00020+N*21.21663+/-0.00045 BJD. The analysis of the Rossiter-Mclaughlin effect shows that the system is spin orbit aligned with an angle lambda = 4.8 +/- 5.3 deg. The analysis of high resolution images has not revealed any stellar companion with projected separation between 150 and 1000 AU from HD 17156.Comment: submitted to A&

    The N2K Consortium. II. A Transiting Hot Saturn Around HD 149026 With a Large Dense Core

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    Doppler measurements from Subaru and Keck have revealed radial velocity variations in the V=8.15, G0IV star HD 149026 consistent with a Saturn-Mass planet in a 2.8766 day orbit. Photometric observations at Fairborn Observatory have detected three complete transit events with depths of 0.003 mag at the predicted times of conjunction. HD 149026 is now the second brightest star with a transiting extrasolar planet. The mass of the star, based on interpolation of stellar evolutionary models, is 1.3 +/- 0.1 solar masses; together with the Doppler amplitude, K=43.3 m s^-1, we derive a planet mass Msin(i)=0.36 Mjup, and orbital radius of 0.042 AU. HD 149026 is chromospherically inactive and metal-rich with spectroscopically derived [Fe/H]=+0.36, Teff=6147 K, log g=4.26 and vsin(i)=6.0 km s^-1. Based on Teff and the stellar luminosity of 2.72 Lsun, we derive a stellar radius of 1.45 Rsun. Modeling of the three photometric transits provides an orbital inclination of 85.3 +/- 1.0 degrees and (including the uncertainty in the stellar radius) a planet radius of 0.725 +/- 0.05 Rjup. Models for this planet mass and radius suggest the presence of a ~67 Mearth core composed of elements heavier than hydrogen and helium. This substantial planet core would be difficult to construct by gravitational instability.Comment: 25 pages, 5 figures, accepted by the Astrophysical Journa

    WFPC2 Observations of the Hubble Deep Field-South

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    The Hubble Deep Field-South observations targeted a high-galactic-latitude field near QSO J2233-606. We present WFPC2 observations of the field in four wide bandpasses centered at roughly 300, 450, 606, and 814 nm. Observations, data reduction procedures, and noise properties of the final images are discussed in detail. A catalog of sources is presented, and the number counts and color distributions of the galaxies are compared to a new catalog of the HDF-N that has been constructed in an identical manner. The two fields are qualitatively similar, with the galaxy number counts for the two fields agreeing to within 20%. The HDF-S has more candidate Lyman-break galaxies at z > 2 than the HDF-N. The star-formation rate per unit volume computed from the HDF-S, based on the UV luminosity of high-redshift candidates, is a factor of 1.9 higher than from the HDF-N at z ~ 2.7, and a factor of 1.3 higher at z ~ 4.Comment: 93 pages, 25 figures; contains very long table

    Vegetation response to invasive Tamarix control in southwestern U.S. rivers: a collaborative study including 416 sites

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    Most studies assessing vegetation response following control of invasive Tamarix trees along southwestern U.S. rivers have been small in scale (e.g., river reach), or at a regional scale but with poor spatial-temporal replication, and most have not included testing the effects of a now widely used biological control. We monitored plant composition following Tamarix control along hydrologic, soil, and climatic gradients in 244 treated and 172 reference sites across six U.S. states. This represents the largest comprehensive assessment to date on the vegetation response to the four most common Tamarix control treatments. Biocontrol by a defoliating beetle (treatment 1) reduced the abundance of Tamarix less than active removal by mechanically using hand and chain-saws (2), heavy machinery (3) or burning (4). Tamarix abundance also decreased with lower temperatures, higher precipitation, and follow-up treatments for Tamarix resprouting. Native cover generally increased over time in active Tamarix removal sites, however, the increases observed were small and was not consistently increased by active revegetation. Overall, native cover was correlated to permanent stream flow, lower grazing pressure, lower soil salinity and temperatures, and higher precipitation. Species diversity also increased where Tamarix was removed. However, Tamarix treatments, especially those generating the highest disturbance (burning and heavy machinery), also often promoted secondary invasions of exotic forbs. The abundance of hydrophytic species was much lower in treated than in reference sites, suggesting that management of southwestern U.S. rivers has focused too much on weed control, overlooking restoration of fluvial processes that provide habitat for hydrophytic and floodplain vegetation. These results can help inform future management of Tamarix-infested rivers to restore hydrogeomorphic processes, increase native biodiversity and reduce abundance of noxious species
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