Can an ethical revival of prudence within prudential regulation tackle corporate psychopathy?

The view that corporate psychopathy played a significant role in causing the global financial crisis, although insightful, paints a reductionist picture of what we present as the broader issue. Our broader issue is the tendency for psychopathy, narcissism and Machiavellianism to cluster psychologically and culturally as ‘dark leadership’ within global financial institutions. Strong evidence for their co-intensification across society and in corporations ought to alarm financial regulators. We argue that an ‘ethical revival’ of prudence within prudential regulation ought to be included in any package of solutions. Referencing research on moral muteness and the role of language in framing thoughts and behaviours, we recommend that regulators define prudence in an explicitly normative sense, an approach that may be further strengthened by drawing upon a widely appealing ethic of intergenerational care. An ethical revival of prudence, we argue, would allow the core problems of greed and myopia highlighted by corporate psychopathy theory to be addressed in a politically sensitive manner which recognises the pitfalls of regulating directly against corporate psychopathy. Furthermore, it would provide a viable conceptual framework to guide regulators along the treacherous path to more intrusive cultural regulation

The magnetic exchange parameters and anisotropy of the quasi-two dimensional antiferromagnet NiPS3_3

Neutron inelastic scattering has been used to measure the magnetic excitations in powdered NiPS$_3$, a quasi-two dimensional antiferromagnet with spin $S = 1$ on a honeycomb lattice. The spectra show clear, dispersive magnons with a $\sim 7$ meV gap at the Brillouin zone center. The data were fitted using a Heisenberg Hamiltonian with a single-ion anisotropy assuming no magnetic exchange between the honeycomb planes. Magnetic exchange interactions up to the third intraplanar nearest-neighbour were required. The fits show robustly that NiPS$_3$ has an easy axis anisotropy with $\Delta = 0.3$ meV and that the third nearest-neighbour has a strong antiferromagnetic exchange of $J_3 = -6.90$ meV. The data can be fitted reasonably well with either $J_1 < 0$ or $J_1 > 0$, however the best quantitative agreement with high-resolution data indicate that the nearest-neighbour interaction is ferromagnetic with $J_1 = 1.9$ meV and that the second nearest-neighbour exchange is small and antiferromagnetic with $J_2 = -0.1$ meV. The dispersion has a minimum in the Brillouin zone corner that is slightly larger than that at the Brillouin zone center, indicating that the magnetic structure of NiPS$_3$ is close to being unstable.Comment: 21 pages, 7 figures, 33 reference

Reasoning About a Service-oriented Programming Paradigm

This paper is about a new way for programming distributed applications: the service-oriented one. It is a concept paper based upon our experience in developing a theory and a language for programming services. Both the theoretical formalization and the language interpreter showed us the evidence that a new programming paradigm exists. In this paper we illustrate the basic features it is characterized by

Influence of incoherent scattering on stochastic deflection of high-energy negative particle beams in bent crystals

An investigation on stochastic deflection of high-energy negatively charged particles in a bent crystal was carried out. On the basis of analytical calculation and numerical simulation it was shown that it exists a maximum angle at which most of the beam is deflected. The existence of a maximum, which is taken in the correspondence of the optimal radius of curvature, is a novelty with respect to the case of positively charged particles, for which the deflection angle can be freely increased by increasing the crystal length. This difference has to be ascribed to the stronger contribution of incoherent scattering affecting the dynamics of negative particles that move closer to atomic nuclei and electrons. We therefore identified the ideal parameters for the exploitation of axial confinement for negatively charged particle beam manipulation in future high-energy accelerators, e.g., ILC or muon colliders

Planar channeling and quasichanneling oscillations in a bent crystal

Particles passing through a crystal under planar channeling experience transverse oscillations in their motion. As channeled particles approach the atomic planes of a crystal, they are likely to be dechanneled. This effect was used in ion-beam analysis with MeV energy. We studied this effect in a bent crystal for positive and negative particles within a wide range of energies in sight of application of such crystals at accelerators. We found the conditions for the appearance or not of channeling oscillations. Indeed a new kind of oscillations, strictly related to the motion of over-barrier particles, i.e. quasichanneling particles, has been predicted. Such oscillations, named planar quasichanneling oscillations, possess a different nature than channeling oscillations. Through computer simulation, we studied this effect and provided a theoretical interpretation for them. We show that channeling oscillations can be observed only for positive particles while quasichanneling oscillations can exist for particles with either sign. The conditions for experimental observation of channeling and quasichanneling oscillations at existing accelerators with available crystal has been found and optimized.Comment: 25 pages, 11 figure

A model for the interaction of high-energy particles in straight and bent crystals implemented in Geant4

A model for the simulation of orientational effects in straight and bent periodic atomic structures is presented. The continuum potential approximation has been adopted.The model allows the manipulation of particle trajectories by means of straight and bent crystals and the scaling of the cross sections of hadronic and electromagnetic processes for channeled particles. Based on such a model, an extension of the Geant4 toolkit has been developed. The code has been validated against data from channeling experiments carried out at CERN

Spectrum of a magnetized strong-leg quantum spin ladder

Inelastic neutron scattering is used to measure the spin excitation spectrum of the Heisenberg $S=1/2$ ladder material (C$_7$H$_10$N)$_2$CuBr$_4$ in its entirety, both in the gapped spin-liquid and the magnetic field induced Tomonaga-Luttinger spin liquid regimes. A fundamental change of the spin dynamics is observed between these two regimes. DMRG calculations quantitatively reproduce and help understand the observed commensurate and incommensurate excitations. The results validate long-standing quantum field theoretical predictions, but also test the limits of that approach

Quasiparticle Breakdown and Spin Hamiltonian of the Frustrated Quantum Pyrochlore Yb2_2Ti2_2O7_7 in Magnetic Field

The frustrated pyrochlore magnet Yb$_2$Ti$_2$O$_7$ has the remarkable property that it orders magnetically, but has no propagating magnons over wide regions of the Brillouin zone. Here we use inelastic neutron scattering to follow how the spectrum evolves in cubic-axis magnetic fields. At high fields we observe in addition to dispersive magnons also a two-magnon continuum, which grows in intensity upon reducing the field and overlaps with the one-magnon states at intermediate fields leading to strong renormalization of the dispersion relations, and magnon decays. Using heat capacity measurements we find that the low and high field regions are smoothly connected with no sharp phase transition, with the spin gap increasing monotonically in field. Through fits to an extensive data set we re-evaluate the spin Hamiltonian finding dominant quantum exchange terms, which we propose are responsible for the anomalously strong fluctuations and quasiparticle breakdown effects observed at low fields.Comment: 5 pages main text + 19 pages supplemental materia