1,674 research outputs found
Measuring and Testing Advertising-Induced Rotation in the Demand Curve
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
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
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
LT 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?
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
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
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
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
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,
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