Financial Expertise as an Arms Race

We propose a model in which firms involved in trading securities overinvest in financial expertise. Intermediaries or traders in the model meet and bargain over a financial asset. As in the bargaining model in Dang (2008), counterparties endogenously decide whether to acquire information, and improve their bargaining positions, even though the information creates adverse selection. We add to this setting the concept of "financial expertise" as resources invested to lower the cost of later acquiring information about the value of the asset being traded. These investments are made before the parties know about their role in the bargaining game, as proposer or responder, buyer or seller. A prisoner's dilemma arises because investments to lower information acquisition costs improve bargaining outcomes given the other party's information costs, even though the information has no social benefit. These investments lead to breakdowns in trade, or liquidity crises, in response to random but infrequent increases in asset volatilityFinancial services;over-the-counter markets;financial crisis

Magnetic Properties of Pd_(0.996)Mn_(0.004) Films for High Resolution Thermometry

We have previously reported on the temperature and magnetic field dependence of the magnetic susceptibility of thin Pd_(1−x)Mn_x alloy films. Extensive new measurements on sputtered films show that a commercial quality sputtering process produces a film with the same dependence of Curie temperature on x as previously reported for bulk samples of the same material. These measurements and parameters from the Renormalization Group theory for a Heisenberg ferromagnet, yield an estimate for T_c of 1.16 ± 0.01 K when x − 0.004, consistent with previously reported bulk result

Quasi-isotropic spacecraft antenna system Final report

Spacecraft quasi-isotropic antenna system for space telemetr

Different canonical formulations of Einstein's theory of gravity

We describe the four most famous versions of the classical canonical formalism in the Einstein theory of gravity: the Arnovitt-Deser-Misner formalism, the Faddeev-Popov formalism, the tetrad formalism in the usual form, and the tetrad formalism in the form best suited for constructing the loop theory of gravity, which is now being developed. We present the canonical transformations relating these formalisms. The paper is written mainly for pedagogical purposes.Comment: LaTeX, 18 pages, some misprints in formulas (131)-(134) are correcte

Cooperative Chiral Order in Copolymers of Chiral and Achiral Units

Polyisocyanates can be synthesized with chiral and achiral pendant groups distributed randomly along the chains. The overall chiral order, measured by optical activity, is strongly cooperative and depends sensitively on the concentration of chiral pendant groups. To explain this cooperative chiral order theoretically, we map the random copolymer onto the one-dimensional random-field Ising model. We show that the optical activity as a function of composition is well-described by the predictions of this theory.Comment: 13 pages, including 3 postscript figures, uses REVTeX 3.0 and epsf.st

Family violence reporting: supporting the vulnerable or re‑enforcing their vulnerability?

Reporting of family violence in the media is often done in ways that either sensationalise or, alternatively, minimise and trivialise the issue. This article reports on the collection and analysis of reports concerning family violence from five Australian newspapers over a 15‑week period. The research found that reporting varied significantly depending on the ethnicity, gender, age, status and/or religious affiliation of those involved. The analysis uses codes of ethics for reporting as a framework to discuss current examples of reporting about family violence cases and issues in Victoria, Australia. The research identifies opportunities for increasing community understanding of family violence and for supporting those affected through effective and ethical reporting

Facets and Typed Relations as Tools for Reasoning Processes in Information Retrieval

Faceted arrangement of entities and typed relations for representing different associations between the entities are established tools in knowledge representation. In this paper, a proposal is being discussed combining both tools to draw inferences along relational paths. This approach may yield new benefit for information retrieval processes, especially when modeled for heterogeneous environments in the Semantic Web. Faceted arrangement can be used as a se-lection tool for the semantic knowledge modeled within the knowledge repre-sentation. Typed relations between the entities of different facets can be used as restrictions for selecting them across the facets

A nilpotent IP polynomial multiple recurrence theorem

We generalize the IP-polynomial Szemer\'edi theorem due to Bergelson and McCutcheon and the nilpotent Szemer\'edi theorem due to Leibman. Important tools in our proof include a generalization of Leibman's result that polynomial mappings into a nilpotent group form a group and a multiparameter version of the nilpotent Hales-Jewett theorem due to Bergelson and Leibman.Comment: v4: switch to TeXlive 2016 and biblate

Particle phenomenology on noncommutative spacetime

We introduce particle phenomenology on the noncommutative spacetime called the Groenewold-Moyal plane. The length scale of spcetime noncommutativity is constrained from the CPT violation measurements in $K^{0}-\bar{K}^{0}$ system and $g-2$ difference of $\mu^+ - \mu^-$. The $K^{0}-\bar{K}^{0}$ system provides an upper bound on the length scale of spacetime noncommutativity of the order of $10^{-32} \textrm{m}$, corresponding to a lower energy bound $E$ of the order of $E \gtrsim 10^{16}\textrm{GeV}$. The $g-2$ difference of $\mu^+ - \mu^-$ constrains the noncommutativity length scale to be of the order of $10^{-20} \textrm{m}$, corresponding to a lower energy bound $E$ of the order of $E \gtrsim 10^{3}\textrm{GeV}$. We also present the phenomenology of the electromagnetic interaction of electrons and nucleons at the tree level in the noncommutative spacetime. We show that the distributions of charge and magnetization of nucleons are affected by spacetime noncommutativity. The analytic properties of electromagnetic form factors are also changed and it may give rise to interesting experimental signals.Comment: 10 pages, 3 figures. Published versio