Experiences with stakeholder specific formats of participation to foster agroforestry

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Bay Scallops, Argopecten irradians, in the Northwestern Gulf of Mexico (Alabama, Mississippi, Louisiana, and Texas)

There is no evidence that a commercial bay scallop fishery exists anywhere in the northwestern Gulf of Mexico. No data concerning scallop abundance or distribution was found for Alabama, Mississippi, and Louisiana. Texas is the only state west of Florida where bay scallop populations have been documented. These records come from a variety of literature sources and the fisheries-independent data collected by Texas Parks and Wildlife Department (1982–2005). Although common in the diet of prehistoric peoples living on the Texas coast, recent (last ~50 years) bay scallop population densities tend to be low and exhibit “boom–bust” cycles of about 10–15 years. The Laguna Madre, is the only place on the Texas coast where scallops are relatively abundant; this is likely due to extensive seagrasses cover (>70%) and salinities that typically exceed 35 psu. The lack of bay scallop fishery development in the northwestern Gulf of Mexico is probably due to variable but generally low densities of the species combined with a limited amount of suitable (i.e. seagras

Renormalization of Polyakov loops in fundamental and higher representations

We compare two renormalization procedures, one based on the short distance behavior of heavy quark-antiquark free energies and the other by using bare Polyakov loops at different temporal extent of the lattice and find that both prescriptions are equivalent, resulting in renormalization constants that depend on the bare coupling. Furthermore these renormalization constants show Casimir scaling for higher representations of the Polyakov loops. The analysis of Polyakov loops in different representations of the color SU(3) group indicates that a simple perturbative inspired relation in terms of the quadratic Casimir operator is realized to a good approximation at temperatures T \gsim T_c for renormalized as well as bare loops. In contrast to a vanishing Polyakov loop in representations with non-zero triality in the confined phase, the adjoint loops are small but non-zero even for temperatures below the critical one. The adjoint quark-antiquark pairs exhibit screening. This behavior can be related to the binding energy of gluelump states.Comment: 7 pages, 11 figures. Presented at 25th International Symposium on Lattice Field Theory, Regensburg, Germany, 30 Jul - 4 Aug 200

Basel II and Operational Risk: Implications for risk measurement and management in the financial sector

This paper proposes a methodology to analyze the implications of the Advanced Measurement Approach (AMA) for the assessment of operational risk put forward by the Basel II Accord. The methodology relies on an integrated procedure for the construction of the distribution of aggregate losses, using internal and external loss data. It is illustrated on a 2x2 matrix of two selected business lines and two event types, drawn from a database of 3000 losses obtained from a large European banking institution. For each cell, the method calibrates three truncated distributions functions for the body of internal data, the tail of internal data, and external data. When the dependence structure between aggregate losses and the non-linear adjustment of external data are explicitly taken into account, the regulatory capital computed with the AMA method proves to be substantially lower than with less sophisticated approaches allowed by the Basel II Accord, although the effect is not uniform for all business lines and event types. In a second phase, our models are used to estimate the effects of operational risk management actions on bank profitability, through a measure of RAROC adapted to operational risk. The results suggest that substantial savings can be achieved through active management techniques, although the estimated effect of a reduction of the number, frequency or severity of operational losses crucially depends on the calibration of the aggregate loss distributions.operational risk management, basel II, advanced measurement approach, copulae, external data, EVT, RAROC, cost-benefit analysis.

Color Screening and Quark-Quark Interactions in Finite Temperature QCD

We analyze the screening of static diquark sources in 2-flavor QCD and compare results with the screening of static quark-antiquark pairs. We show that a two quark system in a fixed color representations is screened at short distances like a single quark source in the same color representation whereas at large distances the two quarks are screened independently. At high temperatures we observe that the relative strength of the interaction in diquark and quark-antiquark systems, respectively, obeys Casimir scaling. We use this result to examine the possible existence of heavy quark-quark bound states in the high temperature phase of QCD. We find support for the existence of $bb$ states up to about $2T_c$ while $cc$ states are unlikely to be formed above $T_c$.Comment: 8 pages, 6 figure