1,674 research outputs found

    The Folklore of Featherbedding

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    Measuring and Testing Advertising-Induced Rotation in the Demand Curve

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    Advertising can rotate the demand curve if it changes the dispersion of consumers valuations. We provide an elasticity form measure of the advertising-induced demand curve rotation in five demand models and test for its presence in the U.S. non-alcoholic beverage market. The AIDS model reveals that doubling advertising spending rotates the demand curves clockwise for milk, and coffee and tea with associated slope changes of 7.3% and 11.6%. Soft-drink advertising rotates its demand curve counterclockwise. Our policy suggestion is that milk and soft-drink firms might enhance profits by timing advertising to coincide with high- and low-price periods, respectively.Demand and Price Analysis,

    ADVERTISING, STRUCTURAL CHANGE, AND U.S. NON-ALCOHOLIC BEVERAGE DEMAND

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    The dominant trend in U.S. non-alcoholic consumption over the past two decades has been a steady increase in soft-drink consumption, largely at the expense of milk and coffee and tea consumption. Our analysis suggests that the primary factors affecting this is that the price, advertising, and demographic elasticities estimated from the Rotterdam model are much smaller than the adjusted trend coefficients and the expenditure elasticities.Consumer/Household Economics, Demand and Price Analysis, Marketing,

    The Evolution of the Galaxy Cluster Luminosity-Temperature Relation

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    We analyzed the luminosity-temperature (L-T) relation for 2 samples of galaxy clusters which have all been observed by the ASCA satellite. We used 32 high redshift clusters (0.3<z<0.6), 53 low redshift clusters (z<0.3), and also the combination of the low and high redshift datasets. We assumed a power law relation between the bolometric luminosity of the galaxy cluster and its integrated temperature and redshift (L_{bol,44}=C*T^alpha*(1+z)^A). The results are consistent, independent of cosmology, with previous estimates of L∌\simT3^3 found by other authors. We observed weak or zero evolution.Comment: 20 pages, Latex, 11 figures, GIF forma

    Can simulations reproduce the observed temperature-mass relation for clusters of galaxies?

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    It has become increasingly apparent that traditional hydrodynamical simulations of galaxy clusters are unable to reproduce the observed properties of galaxy clusters, in particular overpredicting the mass corresponding to a given cluster temperature. Such overestimation may lead to systematic errors in results using galaxy clusters as cosmological probes, such as constraints on the density perturbation normalization sigma_8. In this paper we demonstrate that inclusion of additional gas physics, namely radiative cooling and a possible preheating of gas prior to cluster formation, is able to bring the temperature-mass relation in the innermost parts of clusters into good agreement with recent determinations by Allen, Schmidt & Fabian using Chandra data.Comment: 5 pages, submitted to MNRA

    Weak Lensing by High-Redshift Clusters of Galaxies II: Mean Redshift of the Faint Background Galaxy Population

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    We use weak lensing shear measurements of six z>0.5 clusters of galaxies to derive the mean lensing redshift of the background galaxies used to measure the shear. Five of these clusters are compared to X-ray mass models and verify a mean lensing redshift for a 23<R<26.3, R-I<0.9 background galaxy population in good agreement with photometric redshift surveys of the HDF-S. The lensing strength of the six clusters is also analyzed as a function of the magnitude of the background galaxies, and an increase in shear with increasing magnitude is detected at moderate significance. The change in the strength of the shear is presumed to be caused by an increase in the mean redshift of the background galaxies with increasing magnitude, and the degree of change detected is also in agreement with those in photometric redshift surveys of the HDF-S.Comment: 6 pages, 4 figures, accepted by A&

    Weak lensing observations of the "dark" cluster MG2016+112

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    We investigate the possible existence of a high-redshift (z=1) cluster of galaxies associated with the QSO lens system MG2016+112. From an ultra-deep R- and less deep V- and I-band Keck images and a K-band mosaic from UKIRT, we detect ten galaxies with colors consistent with the lensing galaxy within 225h^{-1} kpc of the z=1.01 lensing galaxy. This represents an overdensity of more than ten times the number density of galaxies with similar colors in the rest of the image. We also find a group of seven much fainter objects closely packed in a group only 27h^{-1} kpc north-west of the lensing galaxy. We perform a weak lensing analysis on faint galaxies in the R-band image and detect a mass peak of a size similar to the mass inferred from X-ray observations of the field, but located 64" northwest of the lensing galaxy. From the weak lensing data we rule out a similar sized mass peak centered on the lensing galaxy at the 2 sigma level.Comment: 9 pages, 10 figures, submitted to A&A version with figure 4 at higher resolution can be downloaded from http://www.mpa-garching.mpg.de/~clowe/mg2016aa.ps.g

    The Dynamical State and Mass-Concentration Relation of Galaxy Clusters

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    We use the Millennium Simulation series to study how the dynamical state of dark matter halos affects the relation between mass and concentration. We find that a large fraction of massive systems are identified when they are substantially out of equilibrium and in a particular phase of their dynamical evolution: the more massive the halo, the more likely it is found at a transient stage of high concentration. This state reflects the recent assembly of massive halos and corresponds to the first pericentric passage of recently-accreted material when, before virialization, the kinetic and potential energies reach maximum and minimum values, respectively. This result explains the puzzling upturn in the mass-concentration relation reported in recent work for massive halos; indeed, the upturn disappears when only dynamically-relaxed systems are considered in the analysis. Our results warn against applying simple equilibrium models to describe the structure of rare, massive galaxy clusters and urges caution when extrapolating scaling laws calibrated on lower-mass systems, where such deviations from equilibrium are less common. The evolving dynamical state of galaxy clusters ought to be carefully taken into account if cluster studies are to provide precise cosmological constraints.Comment: 8 Pages. Minor changes to match published versio

    The X-ray Cluster Normalization of the Matter Power Spectrum

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    The number density of galaxy clusters provides tight statistical constraints on the matter fluctuation power spectrum normalization, traditionally phrased in terms of sigma_8, the root mean square mass fluctuation in spheres with radius 8 h^-1 Mpc. We present constraints on sigma_8 and the total matter density Omega_m0 from local cluster counts as a function of X-ray temperature, taking care to incorporate and minimize systematic errors that plagued previous work with this method. In particular, we present new determinations of the cluster luminosity - temperature and mass - temperature relations, including their intrinsic scatter, and a determination of the Jenkins mass function parameters for the same mass definition as the mass - temperature calibration. Marginalizing over the 12 uninteresting parameters associated with this method, we find that the local cluster temperature function implies sigma_8 (Omega_m0/0.32)^alpha = 0.86+/-0.04 with alpha = 0.30 (0.41) for Omega_m0 < 0.32 (Omega_mo > 0.32) (68% confidence for two parameters). This result agrees with a wide range of recent independent determinations, and we find no evidence of any additional sources of systematic error for the X-ray cluster temperature function determination of the matter power spectrum normalization. The joint WMAP5 + cluster constraints are: Omega_m0 = 0.30+0.03/-0.02 and sigma_8 = 0.85+0.04/-0.02 (68% confidence for two parameters).Comment: 31 pages, 16 figures, accept for publication in ApJ 609, Jan. 10, 200
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