14,135 research outputs found
The ambivalent shadow of the pre-Wilsonian rise of international law
The generation of American international lawyers who founded the American Society of International Law in 1906 and nurtured the soil for what has been retrospectively called a “moralistic legalistic approach to international relations” remains little studied. A survey of the rise of international legal literature in the U.S. from the mid-19th century to the eve of the Great War serves as a backdrop to the examination of the boosting effect on international law of the Spanish American War in 1898. An examination of the Insular Cases before the US Supreme Court is then accompanied by the analysis of a number of influential factors behind the pre-war rise of international law in the U.S. The work concludes with an examination of the rise of natural law doctrines in international law during the interwar period and the critiques addressed.by the realist founders of the field of “international relations” to the “moralistic legalistic approach to international relation
Fairness, Efficiency and Insider Trading: Deconstructing the Coin of the Realm in the Information Age
Whether and how the federal securities laws should restrict insider trading is one of the most hotly debated topics in the securities law literature. Paradoxically, both the theoretical analysis and the legal rules concerning insider trading remain extraordinarily vague and ill-formed. What is the special character of insider trading that leads to this apparently irresolvable puzzle? In this Article, I argue that there is, in fact, nothing special about insider trading that creates this dilemma, but rather there is something special about the nature of information itself. Accordingly, this theoretical dilemma is not limited to insider trading regulation, but rather pervades all areas of intellectual property law. In this Article, I situate insider trading regulation within the larger body of intellectual property law by discussing three potential allocations of the property right in valuable inside information. First, inside information could be treated as a public resource, meaning that a person in possession of inside information could not legally exploit that advantage for personal profit. Such a regime would forbid some or all insider trading by forcing the disclosure to the marketplace of inside information prior to trading. I argue that regulators should reject this alternative because, despite it\u27s proponents\u27 tendency to justify the rule in terms of fairness, this proposal is unlikely to foster fairness in any meaningful way. Alternatively, the property right in valuable inside information could belong to issuers, as the producers of such information. I argue that regulators should reject this alternative because, despite its proponents? tendency to frame their arguments in terms of promoting informational efficiency, a legal regime treating inside information as the property of the issuer is unlikely to further that goal. In fact, such proposals assume an affirmative answer to a question that is fiercely debated in other areas of intellectual property law: does creating a property right in information producers incentivize additional production to the extent necessary to offset the social costs of excluding others from use of the information? Finally, the property right in valuable inside information could reside with outsider traders (traders who possess inside information, but are neither insiders nor constructive insiders of the issuer). I argue that regulators should pursue this alternative because, although there is no need to encourage issuers to create valuable inside information, the need to encourage the dissemination of such information to the marketplace has been recognized for many years. Accordingly, I propose in this Article a system of federal securities regulation that would permit trading by corporate outsiders who did not receive their information in a tip from an insider or constructive insider. Such a system, I argue, provides the hope of filling in the gaps left by the current disclose or abstain system, by encouraging the reflection of material information in stock market price without disclosure of the actual inside information. At the same time, this proposal avoids the perverse incentives and negative impacts on market efficiency attendant in a system that permits insider trading by corporate employees
Survey of H-alpha emission from thirty nearby dwarf galaxies
Measurements of the H-alpha flux from 30 neighboring dwarf galaxies are
presented. After correction for absorption, these fluxes are used to estimate
the star formation rate (SFR). The SFR for 18 of the galaxies according to the
H-alpha emission are compared with estimates of the SFR from FUV magnitudes
obtained with the GALEX telescope. These are in good agreement over the range
log[SFR] = [-3,0]M sun/yr.Comment: 18 pages, 10 figures, 3 table
aVsIs: An Analytical-Solution-Based Solver for Model-Predictive Control With Hexagonal Constraints in Voltage-Source Inverter Applications
The theory of a new analytical-solution-based algorithm for calculating the optimal solution in model-predictive control applications with hexagonal constraints is discussed in this article. Three-phase voltage-source inverters for power electronic and electric motor drive applications are the target of the proposed method. The indirect model-predictive control requires a constrained quadratic programming (QP) solver to calculate the optimal solution. Most of the QP solvers use numerical algorithms, which may result in unbearable computational burdens. However, the optimal constrained solution can be calculated in an analytical way when the control horizon is limited to the first step. A computationally efficient algorithm with a certain maximum number of operations is proposed in this article. A thorough mathematical description of the solver in both the stationary and rotating reference frames is provided. Experimental results on real test rigs featuring either an electricmotor or a resistive-inductive load are reported to demonstrate the feasibility of the proposed solver, thus smoothing theway for its implementation in industrial applications. The name of the proposed solver is aVsIs, which is released under Apache License 2.0 in GitHub, and a free example is available in Code Ocean
On the kinematics of the Local cosmic void
We collected the existing data on the distances and radial velocities of
galaxies around the Local Void in the Aquila/Hercules to examine the peculiar
velocity field induced by its underdensity. A sample of 1056 galaxies with
distances measured from the Tip of the Red Giant Branch, the Cepheid
luminosity, the SNIa luminosity, the surface brightness fluctuation method, and
the Tully-Fisher relation has been used for this purpose. The amplitude of
outflow is found to be ~300 km/s. The galaxies located within the void produce
the mean intra-void number density about 1/5 of the mean external number
density of galaxies. The void's population has a lower luminosity and a later
morphological type with the medians: M_B = -15.7^m and T = 8 (Sdm),
respectively.Comment: Version 1. 14 pages, 8 figures, 2 tables. Accepted to Astrophysics,
Volume 54, Issue
Radical anterior decompression and fusion for cervical spondylotic myelopathy
Sixty-seven patients with cervical spondylotic myelopathy were treated by radical anterior decompression and anterior spinal fusion. Of the 51 patients followed post-operatively for an average of 4.02 years, 34 obtained complete or partial relief, nine were unchanged and two deteriorated. Early complete anterior decompression and spinal fusion led to the most favourable results.published_or_final_versio
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