51,966 research outputs found
Non-Profit Firms and the Provision of Durable Goods
A simple linear demand two-period durable goods is analyzed where the durable good is provided by private non-profit organization (NPO). A novel flexible objective function is utilized that allows for both the “commercial” and “social concern” aspects of NPOs. The model indicates NPO’s will not typically provide the efficient cost-minimizing durability in sales markets. Indeed, if the NPO cannot credibly commit to its own stakeholders it will manufacture output with less durability than a pure for-profit seller. We show the NPO’s level of commitment ability and social concern with its stakeholders is crucial for determining the amount of “planned obsolescence” that would prevail if NPOs expand into durable goods markets. Interestingly, the social concern commonly cited for the existence of NPOs, is a double edged sword since it may cause more or less product obsolescence.
Short-Term Dynamical Interactions Among Extrasolar Planets
We show that short-term perturbations among massive planets in multiple
planet systems can result in radial velocity variations of the central star
which differ substantially from velocity variations derived assuming the
planets are executing independent Keplerian motions. We discuss two alternate
fitting methods which can lead to an improved dynamical description of multiple
planet systems. In the first method, the osculating orbital elements are
determined via a Levenberg-Marquardt minimization scheme driving an N-body
integrator. The second method is an improved analytic model in which orbital
elements are allowed to vary according to a simple model for resonant
interactions between the planets. Both of these methods can determine the true
masses for the planets by eliminating the sin(i) degeneracy inherent in fits
that assume independent Keplerian motions. We apply our fitting methods to the
GJ876 radial velocity data (Marcy et al. 2001), and argue that the mass factors
for the two planets are likely in the 1.25-2.0 rangeComment: 13 pages, including 4 figures and 3 tables Accepted by Astrophyiscal
Journal Letter
Some Comments on Branes, G-flux, and K-theory
This is a summary of a talk at Strings2000 explaining three ways in which
string theory and M-theory are related to the mathematics of K-theory.Comment: 10pp., late
Comparing the Risk Attitudes of U.S. and German Farmers
Risk and Uncertainty,
Biological Systems from an Engineer’s Point of View
Mathematical modeling of the processes that pattern embryonic development (often called biological pattern formation) has a long and rich history [1,2]. These models proposed sets of hypothetical interactions, which, upon analysis, were shown to be capable of generating patterns reminiscent of those seen in the biological world, such as stripes, spots, or graded properties. Pattern formation models typically demonstrated the sufficiency of given classes of mechanisms to create patterns that mimicked a particular biological pattern or interaction. In the best cases, the models were able to make testable predictions [3], permitting them to be experimentally challenged, to be revised, and to stimulate yet more experimental tests (see review in [4]). In many other cases, however, the impact of the modeling efforts was mitigated by limitations in computer power and biochemical data. In addition, perhaps the most limiting factor was the mindset of many modelers, using Occam’s razor arguments to make the proposed models
as simple as possible, which often generated intriguing
patterns, but those patterns lacked the robustness exhibited
by the biological system. In hindsight, one could argue
that a greater attention to engineering principles would
have focused attention on these shortcomings, including
potential failure modes, and would have led to more
complex, but more robust, models. Thus, despite a few
successful cases in which modeling and experimentation
worked in concert, modeling fell out of vogue as a means to
motivate decisive test experiments. The recent explosion of molecular genetic, genomic, and proteomic data—as well as of quantitative imaging studies of biological tissues—has changed matters dramatically, replacing a previous dearth of molecular details with a wealth of data that are difficult to fully comprehend. This flood of new data has been accompanied by a new influx of physical scientists into biology, including engineers, physicists, and applied mathematicians [5–7]. These individuals bring with them the mindset, methodologies, and mathematical toolboxes common to their own fields, which are proving to be appropriate for analysis of biological systems. However, due to inherent complexity, biological systems seem to be like nothing previously encountered in the physical sciences. Thus, biological systems offer cutting edge problems for most scientific and engineering-related disciplines. It is therefore no wonder that there might seem to be a “bandwagon” of new biology-related research programs in departments that have traditionally focused on
nonliving systems. Modeling biological interactions as dynamical systems (i.e., systems of variables changing in time) allows investigation of systems-level topics such as the robustness of patterning mechanisms, the role of feedback, and the self-regulation of size. The use of tools from engineering and applied mathematics, such as sensitivity analysis and control theory, is becoming more commonplace in biology. In addition to giving biologists some new terminology for describing their systems, such analyses are extremely useful in pointing to missing data and in testing the validity of a proposed mechanism. A paper in this issue of PLoS Biology clearly and
honestly applies analytical tools to the authors’ research
and obtains insights that would have been difficult if not
impossible by other means [8]
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