32,697 research outputs found

    Introduction [to] Man Bac Biological Research Objectives

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    The principle aim of this volume is the examination and elucidation of the human biology of the Man Bac cemetery population and associated faunal assemblages, in order to reveal the micro-evolutionary history, palaeohealth, local palaeoenvironmental conditions, subsistence strategies and general life-ways of this ancient community. Building on previous Man Bac research we wish to provide a wealth of new information about population history, colonisation, diet, nutrition, adaptive shifts, and specific and general aspects of health in the current volume

    The 2-D and 3-D time marching transonic potential flow method for propfans

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    Recent efforts concentrated on the development of aerodynamic tools for the analysis of rotors at transonic speeds and of configurations involving relative rotation. Three distinct approaches were taken: (1) extension of the lifting surface method of Williams and Hwang (1986) to relative rotation; (2) development of a time marching linear potential method for counter rotation; and (3) development of 2 and 3 dimensional finite volume potential flow schemes for single rotation. Results from each of these approaches are described

    Sex-change rules, stock dynamics, and the performance of spawning-per-recruit measures in protogynous stocks

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    Predicting and under-standing the dynamics of a population requires knowledge of vital rates such as survival, growth, and reproduction. However, these variables are influenced by individual behavior, and when managing exploited populations, it is now generally realized that knowledge of a species’ behavior and life history strategies is required. However, predicting and understanding a response to novel conditions—such as increased fishing-induced mortality, changes in environmental conditions, or specific management strategies—also require knowing the endogenous or exogenous cues that induce phenotypic changes and knowing whether these behaviors and life history patterns are plastic. Although a wide variety of patterns of sex change have been observed in the wild, it is not known how the specific sex-change rule and cues that induce sex change affect stock dynamics. Using an individual based model, we examined the effect of the sex-change rule on the predicted stock dynamics, the effect of mating group size, and the performance of traditional spawning-per-recruit (SPR) measures in a protogynous stock. We considered four different patterns of sex change in which the probability of sex change is determined by 1) the absolute size of the individual, 2) the relative length of individuals at the mating site, 3) the frequency of smaller individuals at the mating site, and 4) expected reproductive success. All four pat-terns of sex change have distinct stock dynamics. Although each sex-change rule leads to the prediction that the stock will be sensitive to the size-selective fishing pattern and may crash if too many reproductive size classes are fished, the performance of traditional spawning-per-recruit measures, the fishing pattern that leads to the greatest yield, and the effect of mating group size all differ distinctly for the four sex-change rules. These results indicate that the management of individual species requires knowledge of whether sex change occurs, as well as an understanding of the endogenous or exogenous cues that induce sex change

    Home biased? : A spatial analysis of the domestic merging behavior of US firms

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    Using data of US domestic mergers and acquisitions transactions, this paper shows that acquirers have a preference for geographically proximate target companies. We measure the ‘home bias’ against benchmark portfolios of hypothetical deals where the potential targets consist of firms of similar size in the same four-digit SIC code that have been targets in other transactions at about the same time or firms that have been listed at a stock exchange at that time. There is a strong and consistent home bias for M&A transactions in the US, which is significantly declining during the observation period, i.e. between 1990 and 2004. At the same time, the average distances between target and acquirer increase articulately. The home bias is stronger for small and relatively opaque target companies suggesting that local information is the decisive factor in explaining the results. Acquirers that diversify into new business lines also display a stronger preference for more proximate targets. With an event study we show that investors react relatively better to proximate acquisitions than to distant ones. That reaction is more important and becomes significant in times when the average distance between target and acquirer becomes larger, but never becomes economically significant. We interpret this as evidence for the familiarity hypothesis brought forward by Huberman (2001): Acquirers know about the existence of proximate targets and are more likely to merge with them without necessarily being better informed. However, when comparing the best and the worst deals, we are able to show a dramatic difference in distances and home bias: The most successful deals display on average a much stronger home bias and distinctively smaller distance between acquirer and target than the least successful deals. Proximity in M&A transactions therefore is a necessary but not sufficient condition for success. The paper contributes to the growing literature on the role of distance in financial decisions

    The human and mammalian cerebrum scale by computational power and information resistance

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    The cerebrum of mammals spans a vast range of sizes and yet has a very regular structure. The amount of folding of the cortical surface and the proportion of white matter gradually increase with size, but the underlying mechanisms remain elusive. Here, two laws are derived to fully explain these cerebral scaling relations. The first law holds that the long-range information flow in the cerebrum is determined by the total cortical surface (i.e., the number of neurons) and the increasing information resistance of long-range connections. Despite having just one free parameter, the first law fits the mammalian cerebrum better than any existing function, both across species and within humans. According to the second law, the white matter volume scales, with a few minor corrections, to the cortical surface area. It follows from the first law that large cerebrums have much local processing and little global information flow. Moreover, paradoxically, a further increase in long-range connections would decrease the efficiency of information flow.Comment: 15 pages, 2 figures; 3 supplement
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