The effect of expected income on individual migration decisions

economic models;migration;decision making;income distribution

Output and price level effects of monetary uncertainty in a matching model

output;prices;uncertainty;monetary economics

Foundations of Gulf of Mexico and Caribbean evolution : eight controversies resolved

Eight points of recurring controversy regarding the primary foundations of models of Gulf of Mexico and Caribbean tectonic evolution are identified and examined. The eight points are controversial mainly because of the disconnect between different scales of thinking by different workers, a common but unfortunate problem in the geological profession. Large-scale thinkers often are unaware of local geological detail, and local-scale workers fail to appreciate the level of evolutionary precision and constraint provided by regional tectonics and plate kinematics. The eight controversies are: (1) the degree of freedom in the Gulf-Caribbean kinematic framework that is allowed by Atlantic opening parameters; (2) the existence of a South Bahamas-Guyana Transform, and the role of this structure in Cuban, Bahamian, Trinidadian, and Guyanese evolution; (3) the anticlockwise rotation of the Yucatán Block during the opening of the Gulf of Mexico; (4) the Pacific origin of the Caribbean oceanic crust; (5) the Aptian age and plate boundary geometry of the onset of west-dipping subduction of Proto-Caribbean beneath Caribbean lithospheres; (6) the origin and causal mechanism of the Caribbean Large Igneous Province…not Galapagos!; (7) the number and origin of magmatic arcs in the northern Caribbean; and (8) the origin of Paleogene "flysch" deposits along northern South America: the Proto-Caribbean subduction zone. Here we show that there are viable marriages between the larger and finer scale data sets that define working and testable elements of the region's evolution. In our opinion, these marriages are geologically accurate and suggest that they should form discrete elements that can and be integrated into regional models of Gulf and Caribbean evolution. We also call upon different facets of the geological community to collaborate and integrate diverse data sets more openly, in the hopes of improving general understanding and limiting the publication of unnecessary papers which only serve to spread geological uncertainty

Nonlinear shallow water tropical instability waves on the equatorial β ‐plane: Genesis of two distinct types of waves

Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/95089/1/grl26480.pd

Parametrically excited surface waves: Two-frequency forcing, normal form symmetries, and pattern selection

Motivated by experimental observations of exotic standing wave patterns in the two-frequency Faraday experiment, we investigate the role of normal form symmetries in the pattern selection problem. With forcing frequency components in ratio m/n, where m and n are co-prime integers, there is the possibility that both harmonic and subharmonic waves may lose stability simultaneously, each with a different wavenumber. We focus on this situation and compare the case where the harmonic waves have a longer wavelength than the subharmonic waves with the case where the harmonic waves have a shorter wavelength. We show that in the former case a normal form transformation can be used to remove all quadratic terms from the amplitude equations governing the relevant resonant triad interactions. Thus the role of resonant triads in the pattern selection problem is greatly diminished in this situation. We verify our general results within the example of one-dimensional surface wave solutions of the Zhang-Vinals model of the two-frequency Faraday problem. In one-dimension, a 1:2 spatial resonance takes the place of a resonant triad in our investigation. We find that when the bifurcating modes are in this spatial resonance, it dramatically effects the bifurcation to subharmonic waves in the case of forcing frequencies are in ratio 1/2; this is consistent with the results of Zhang and Vinals. In sharp contrast, we find that when the forcing frequencies are in ratio 2/3, the bifurcation to (sub)harmonic waves is insensitive to the presence of another spatially-resonant bifurcating mode

Bargaining with Optimism

Excessive optimism is a prominent explanation for bargaining delays. Recent results demonstrate that optimism plays a subtle role in bargaining, and its careful analysis may shed valuable insights into negotiation behavior. This article reviews some of these results, focusing on the following findings. First, when there is a nearby deadline, optimistic players delay the agreement to the last period before the deadline, replicating a broad empirical regularity known as the deadline effect. Second, there cannot be a substantial delay under persistent optimism; i.e., excessive optimism alone cannot explain delays. Third, when optimistic players are expected to learn during the negotiation, they delay the agreement in order to persuade their opponents. The delays in these results can be quite costly, Pareto inefficient, and common knowledge at the beginning of the game

Trade regimes and GATT: resource-intensive vs. knowledge intensive growth

Trading blocks can help or hinder the liberalization of world trade. A determining factor is whether trade within the block is organized around traditional comparative advantages, or around economies of scale. Regional free trade agreements such as NAFTA can be a substitutes for global free trade when they are based on traditional comparative advantages; then each regional market develops market power and incentives to impose tariffs on the rest of the word. Alternatively, regional trade agreements can be complementary to global free trade. This occurs when the blocks are organized around the exploitation of economies of scale and based on knowledge-intensive sectors. I establish that external economies of scale produce incentives for expanded trade; they can defeat the standard argument for "optimal tariffs" and mitigate another negative feature of trading blocks: their tendency to divert trade from efficient to inefficient sources. The emergence of regional blocks organized around economies of scale can therefore lead to increasingly open international markets. I discuss policy implications for the EU and for free trade in the Americas

HEPATITIS C VIRUS GENOTYPING IN CHRONIC HEPATITIS C PATIENTS

Chronic hepatitis C virus infection is a massive worldwide healthcare burden with estimated costs in the USA alone of over $5 billon per annum. The virus has a 9.5kb positive sense single-stranded RNA genome with striking heterogeneity between isolates, which has led to it being divided into 6 genotypes and more than 50 subtypes and many quasispecies that has been arisen due to the infidelity of the viral polymerase, which lacks of a proofreading function. The virus exists as a range of related but not identical species at the quasispecies. In each infected individual, HCV circulates as a quasispecies in which the population consists of a number of closely related but distinct genetic species. The distribution of the genotype might be influenced by the mode of transmission and racial group. The only current effective treatment is combination therapy with pegylated interferon plus ribavirin (peg-IFNα + RBV) for 24–48 weeks based for genotypes 1 and 4 is 48 weeks, whereas the treatment for genotypes 2 and 3 is completed in 24 weeks. It has proved effective in up to 50% of those infected with HCV genotype 1 and 4 and it varies with other genotypes. HCV genotype is consider to be a clinically important parameter for determining both; the potential response and the duration of treatment.