Income Taxation of Farmer Cooperatives

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Space Station Centrifuge: A Requirement for Life Science Research

A centrifuge with the largest diameter that can be accommodated on Space Station Freedom is required to conduct life science research in the microgravity environment of space. (This was one of the findings of a group of life scientists convened at the University of California, Davis, by Ames Research Center.) The centrifuge will be used as a research tool to understand how gravity affects biological processes; to provide an on-orbit one-g control; and to assess the efficacy of using artificial gravity to counteract the deleterious biological effect of space flight. The rationale for the recommendation and examples of using ground-based centrifugation for animal and plant acceleration studies are presented. Included are four appendixes and an extensive bibliography of hypergravity studies

Optimal Memoryless Encoding for Low Power Off-Chip Data Buses

Off-chip buses account for a significant portion of the total system power consumed in embedded systems. Bus encoding schemes have been proposed to minimize power dissipation, but none has been demonstrated to be optimal with respect to any measure. In this paper, we give the first provably optimal and explicit (polynomial-time constructible) families of memoryless codes for minimizing bit transitions in off-chip buses. Our results imply that having access to a clock does not make a memoryless encoding scheme that minimizes bit transitions more powerful.Comment: Proceedings of the 2006 IEEE/ACM international Conference on Computer-Aided Design (San Jose, California, November 05 - 09, 2006). ICCAD '06. ACM, New York, NY, 369-37

Comparing two financial crises: the case of Hong Kong real estate markets

Hong Kong is no stranger to bubbles or crisis. During the Asian Financial Crisis(AFC), the Hong Kong housing price index drops more than 50% in less than a year. The same market then experiences the Internet Bubble, the SARS attack, and recently the Global Financial Crisis (GFC). This paper attempts to provide some “stylized facts” of the real estate markets and the macroeconomy, and follow the event-study methodology to examine whether the markets behave differently in the AFC and GFC, and discuss the possible linkage to the change in government policies (“learning effect”) and the flow of Chinese consumers and investors to Hong Kong (“China factor”).regime switching, structural change, small open economy, bounded rationality, banking policy

Extremely High Energy Neutrinos and their Detection

We discuss in some detail the production of extremely high energy (EHE) neutrinos with energies above 10^18 eV. The most certain process for producing such neutrinos results from photopion production by EHE cosmic rays in the cosmic background photon field. However, using assumptions for the EHE cosmic ray source evolution which are consistent with results from the deep QSO survey in the radio and X-ray range, the resultant flux of neutrinos from this process is not strong enough for plausible detection. A measurable flux of EHE neutrinos may be present, however, if the highest energy cosmic rays which have recently been detected well beyond 10^20 eV are the result of the annihilation of topological defects which formed in the early universe. Neutrinos resulting from such decays reach energies of the grand unification (GUT) scale, and collisions of superhigh energy neutrinos with the cosmic background neutrinos initiate neutrino cascading which enhances the EHE neutrino flux at Earth. We have calculated the neutrino flux including this cascading effect for either massless or massive neutrinos and we find that these fluxes are conceivably detectable by air fluorescence detectors now in development. The neutrino-induced showers would be recognized by their starting deep in the atmosphere. We evaluate the feasibility of detecting EHE neutrinos this way using air fluorescence air shower detectors and derive the expected event rate. Other processes for producing deeply penetrating air showers constitute a negligible background.Comment: 33 pages, including 12 eps figures, LaTe