The Formation of a Core Periphery Structure in Heterogeneous Financial Networks

Recent empirical evidence suggests that nancial networks exhibit a core periphery network structure. This paper aims at giving an economic explanation for the emergence of such a structure using network formation theory. Focusing on intermediation benets, we find that a core periphery network cannot be unilaterally stable when agents are homogeneous. The best-response dynamics converge to a unique unilaterally stable outcome ranging from an empty to denser networks as the costs of linking decrease. A core periphery network structure can form endogenously, however, if we allow for heterogeneity among agents in size. We show that our model can reproduce the observed core periphery structure in the Dutch interbank market for reasonable parameter values

General corrosion of copper in domestic drinking water installations: Scientific background and mechanistic understanding

10.1179/174327806X94009Corrosion Engineering Science and Technology41121-2

Recent advances in the study of biocorrosion: an overview Avanços recentes no estudo da biocorrosão: uma revisão

Biocorrosion processes at metal surfaces are associated with microorganisms, or the products of their metabolic activities including enzymes, exopolymers, organic and inorganic acids, as well as volatile compounds such as ammonia or hydrogen sulfide. These can affect cathodic and/or anodic reactions, thus altering electrochemistry at the biofilm/metal interface. Various mechanisms of biocorrosion, reflecting the variety of physiological activities carried out by different types of microorganisms, are identified and recent insights into these mechanisms reviewed. Many modern investigations have centered on the microbially-influenced corrosion of ferrous and copper alloys and particular microorganisms of interest have been the sulfate-reducing bacteria and metal (especially manganese)-depositing bacteria. The importance of microbial consortia and the role of extracellular polymeric substances in biocorrosion are emphasized. The contribution to the study of biocorrosion of modern analytical techniques, such as atomic force microscopy, Auger electron, X-ray photoelectron and Mössbauer spectroscopy, attenuated total reflectance Fourier transform infrared spectroscopy and microsensors, is discussed.<br>Processos de biocorrosão na superfície de metais são associados com microrganismos ou com os seus produtos metabólicos, tais como: enzimas, exopolímeros, ácidos orgânicos e inorgânicos, e compostos voláteis como amônio ou sulfeto de hidrogênio. Todos estes produtos podem afetar reações catódicas e/ou anódicas, alterando processos eletroquímicos na interface biofilme/metal. Esta revisão discute diversos mecanismos de biocorrosão causados pelos diferentes atividades fisiológicas associadas com microrganismos e os conhecimentos mais recentes. Estudos modernos da corrosão microbiologicamente influenciada focalizam problemas em ligas de ferro e de cobre. Microrganismos especialmente enfocados são as bactérias redutoras de sulfato e bactérias que depositam metais, destacando aquelas que depositam manganês. A importância de consórcios microbianos e o papel de substâncias poliméricas extracelulares na biocorrosão são enfatizados nesta revisão. Considera-se a contribuição de técnicas analíticas modernas, tais como microscopia de força atómica, espectroscopia Auger, espectroscopia de raio-X, espectroscopia Mössbauer, espectroscopia de infra-vermelho de reflectância total com transformação de Fourier e microsensores