Revised Huang-Yang multipolar pseudopotential

A number of authors have recently pointed out inconsistencies of results obtained with the Huang-Yang multipolar pseudo-potential for low-energy scattering [K. Huang and K. C. Yang, Phys. Rev. A, v 105, 767 (1957); later revised in K. Huang, ``Statistical Mechanics'', (Wiley, New York, 1963)]. The conceptual validity of their original derivation has been questioned. Here I show that these inconsistencies are rather due to an {\em algebraic} mistake made by Huang and Yang. With the corrected error, I present the revised version of the multipolar pseudo-potential

Description of the unknown males of three Chinese Meligethes (Coleoptera: Nitidulidae, Meligethinae)

In this paper we present the description of male genitalia and additional information on taxonomy of three recently described and poorly known Chinese endemic members of the genus Meligethes Stephens, 1830, Meligethes (Odonthogethes) brassicogethoides Audisio, Sabatelli & Jelínek, 2015, M. (O.) inexpectatus Liu, Huang, Cline, Sabatelli & Audisio, 2017, and M. (O.) tricuspidatus Liu, Huang, Cline & Audisio, 2018

Broadening the Horizons of Chinese History

Book review by Thomas D. Curran. Huang, Ray. Broadening the Horizons of Chinese History. Armonk: M. E. Sharpe, 1999

Existence of stable solutions to (−Δ)mu=eu(-\Delta)^m u=e^u in RN\mathbb{R}^N with m≥3m \geq 3 and N>2mN > 2m

We consider the polyharmonic equation $(-\Delta)^m u=e^u$ in $\mathbb{R}^N$ with $m \geq 3$ and $N > 2m$. We prove the existence of many entire stable solutions. This answer some questions raised by Farina and Ferrero

Comment on "Critique and correction of the currently accepted solution of the infinite spherical well in quantum mechanics" by Huang Young-Sea and Thomann Hans-Rudolph

We comment on the paper "Critique and correction of the currently accepted solution of the infinite spherical well in quantum mechanics" by Huang Young-Sea and Thomann Hans-Rudolph, EPL 115, 60001 (2016) .Comment: 2 pages; Submitted to the Comments Section of EP

A Generalization of the Doubling Construction for Sums of Squares Identities

The doubling construction is a fast and important way to generate new solutions to the Hurwitz problem on sums of squares identities from any known ones. In this short note, we generalize the doubling construction and obtain from any given admissible triple $[r,s,n]$ a series of new ones $[r+\rho(2^{m-1}),2^ms,2^mn]$ for all positive integer $m$, where $\rho$ is the Hurwitz-Radon function

Banking Panics and the Origin of Central Banking

Gorton and Huang (2001) argue that private coalitions of banks can act as central banks, issuing private money and providing deposit insurance during times of panic. This lender-of-last-resort role depends upon banking panics occurring threat of liquidation makes the private bank coalition incentive compatible, inducing banks to monitor each other. But, despite the evolution of private bank coalitions, government central banks and government deposit insurance schemes historically replaced the private bank coalitions. In this paper we ask why this transition from private arrangements to public arrangements occurred. We survey the historical and international evidence on panics, suggesting that Gorton and Huang (2001) are consistent with the evidence. Then, we extend Gorton and Huang (2001) to show the welfare improvement brought about by a government central bank replacing private bank coalitions as lender-of-last-resort. In particular, panics, while necessary for private coalitions to function, are costly because they disrupt the use of bank deposits as a medium of exchange. With government deposit insurance, panics do not occur, but the government must monitor banks. Such monitoring by the government is not as effective as private bank coalitions. We provide conditions under which the government can avoid the costs associated with panics by implementing deposit insurance and thereby raise social welfare.