Buyer power in U.K. food retailing: a 'first-pass' test

Habtu Weldegebriel, University of Warwick Abstract The potential existence of buyer power in U.K. food retailing has attracted the scrutiny of the U.K.'s anti-trust authorities, culminating in the second of two comprehensive regulatory inquiries in recent years. Such inquiries are authoritative but correspondingly time-consuming and costly. Moreover, detection of buyer power has been dogged by the paucity of reliable evidence of its existence. In this paper, we present a simple theoretical model of oligopsony which delivers quasi-reduced form retailer-producer pricing equations with which the null of perfect competition can be tested using readily available market data. Using a cointegrated vector autoregression, we find empirical results that show the null of perfect competition can be rejected in seven of the nine food products investigated. Though not conclusive on the existence of buyer power, the proposed test offers a means via which the behaviour of the retail-producer price spread is consistent with it. At the very least, it can corroborate the concerns of the anti-trust authorities as to whether buyer power is potentially one source of concern

Time transfer between the Goddard Optical Research Facility and the U.S. Naval Observatory using 100 picosecond laser pulses

A horizontal two-way time comparison link in air between the University of Maryland laser ranging and time transfer equipment at the Goddard Optical Research Facility (GORF) 1.2 m telescope and the Time Services Division of the U.S. Naval Observatory (USNO) was established. Flat mirrors of 25 cm and 30 cm diameter respectively were placed on top of the Washington Cathedral and on a water tower at the Beltsville Agricultural Research Center. Two optical corner reflectors at the USNO reflect the laser pulses back to the GORF. Light pulses of 100 ps duration and an energy of several hundred microjoules are sent at the rate of 10 pulses per second. The detection at the USNO is by means of an RCA C30902E avalanche photodiode and the timing is accomplished by an HP 5370A computing counter and an HP 1000 computer with respect to a 10 pps pulse train from the Master Clock

Market Power in UK Food Retailing: Theory and Evidence from Seven Product Groups

Establishing the presence of market power in food chains has become an increasingly pertinent line of enquiry given the trend towards increasing concentration that has been observed in many parts of the world. This paper presents a theoretical model of price transmission in vertically related markets under imperfect competition. The model delivers a quasi-reduced form representation that is empirically tractable using readily available market data to test for the presence of market power. In particular, we show that the hypothesis of perfect competition can be rejected if shocks to the demand and supply function are significant and correctly signed in price transmission equations. Using a cointegrated vector autoregression, we find empirical results that are consistent with downstream market power in six out of seven food products investigated, supporting both the findings of the UK competition authority's recent investigation in to supermarkets and renewed calls for further scrutiny of supermarket behaviour by the UK's Office of Trading.imperfect competition, Cointegrated VARs, UK food industry, Marketing, D4, L81,

Effects of exoplanetary gravity on human locomotor ability

At some point in the future, if mankind hopes to settle planets outside the Solar System, it will be crucial to determine the range of planetary conditions under which human beings could survive and function. In this article, we apply physical considerations to future exoplanetary biology to determine the limitations which gravity imposes on several systems governing the human body. Initially, we examine the ultimate limits at which the human skeleton breaks and muscles become unable to lift the body from the ground. We also produce a new model for the energetic expenditure of walking, by modelling the leg as an inverted pendulum. Both approaches conclude that, with rigorous training, humans could perform normal locomotion at gravity no higher than 4 $g_{\textrm{Earth}}$.Comment: 12 pages, 4 figures, to be published in The Physics Teache

Comment on: Chen et al. Utilizing the Second-Meal Effect in Type 2 Diabetes: Practical Use of a Soya-Yogurt Snack. Diabetes Care 2010;33:2552–2554

Corrected by: Erratum: Comment on: Chen et al. Utilizing the second-meal effect in type 2 diabetes: Practical use of a soya-yogurt snack. Diabetes Care 2010;33:2552-2554 (Diabetes Care (2011) 34, (e55)), in Diabetes Care 2011 Aug; 34(8): 1887-1887. http://dx.doi.org/10.2337/dc11-er08c. Due to a production error, the page numbers appeared incorrectly in the PDF versions of the articles listed. The correct page numbers are given, followed in brackets by the numbers that incorrectly appeared in the PDF versions. The online PDF versions have been corrected.Christopher K. Rayner, Jing Ma, Karen L. Jones, and Michael Horowit

Non-Linearity Corrections and Statistical Uncertainties Associated with Near-Infrared Arrays

We derive general equations for non-linearity corrections and statistical uncertainty (variance) estimates for data acquired with near-infrared detectors employing correlated double sampling, multiple correlated double sampling (Fowler sampling) and uniformly-spaced continuous readout techniques. We compare our equation for the variance on each pixel associated with Fowler sampling with measurements obtained from data taken with the array installed in the near-infrared cross-dispersed spectrograph (SpeX) at the NASA Infrared Telescope Facility and find that it provides an accurate representation of the empirical results. This comparison also reveals that the read noise associated with a single readout of the SpeX array increases with the number of non-destructive reads, n_r, as n_r^0.16. This implies that the {effective} read noise of a stored image decreases as n_r^-0.34, shallower than the expected rate of n_r^-0.5. The cause of this read noise behavior is uncertain, but may be due to heating of the array as a result of the multiple read outs. Such behavior may be generic to arrays that employ correlated or multiple correlated double sampling readouts.Comment: 21 pages, accepted by PAS

Brood patch and sex-ratio observations indicate breeding provenance and timing in New Zealand storm petrel (Fregetta maoriana)

We used measurements of brood patch and moult status to estimate the breeding phenology of New Zealand Storm-Petrel, using birds caught at sea within the Hauraki Gulf Marine Park near Auckland, New Zealand. Birds caught October–January had completely downy brood patches, whereas birds caught February–April had bare brood patches with an observed male bias in the February sex-ratio, consistent with a female pre-laying exodus typical of petrels and with the existence of an unknown colony in the region. No birds captured exhibited primary moult, which is known to occur in storm-petrels during their non-breeding season. Our data support the conclusion that the New Zealand storm-petrel breeds during January–June in northern New Zealand and that field surveys for the species on offshore islands in this region during this period are warrante

A prototype system for observing the Atlantic Meridional Overturning Circulation - scientific basis, measurement and risk mitigation strategies, and first results

The Atlantic Meridional Overturning Circulation (MOC) carries up to one quarter of the global northward heat transport in the Subtropical North Atlantic. A system monitoring the strength of the MOC volume transport has been operating since April 2004. The core of this system is an array of moored sensors measuring density, bottom pressure and ocean currents. A strategy to mitigate risks of possible partial failures of the array is presented, relying on backup and complementary measurements. The MOC is decomposed into five components, making use of the continuous moored observations, and of cable measurements across the Straits of Florida, and wind stress data. The components compensate for each other, indicating that the system is working reliably. The year-long average strength of the MOC is 18.7±5.6 Sv, with wind-driven and density-inferred transports contributing equally to the variability. Numerical simulations suggest that the surprisingly fast density changes at the western boundary are partially linked to westward propagating planetary wave

Effects of User Age on Smartphone and Tablet Use, Measured with an Eye-Tracker via Fixation Duration, Scan-Path Duration, and Saccades Proportion

The design of user interfaces plays an important role in human computer interaction, especially for smartphones and tablet devices. It is very important to consider the interface design of smartphones for elderly people in order for them to benefit from the variety applications on such devices. The aim of this study is to investigate the effects of user age as well as screen size on smartphone/tablet use. We evaluated the usability of smartphone interfaces for three different age groups: elderly age group (60+ years), middle age group (40-59 years) and younger age group (20-39 years). The evaluation is performed using three different screen sizes of smartphone and tablet devices: 3.2", 7", and 10.1" respectively. An eye-tracker device was employed to obtain three metrics: fixation duration, scan-path duration, and saccades amplitude. Two hypothesis were considered. First, elderly users will have both local and global processing difficulties on smartphone/tablet use than other age groups. Second, all user age groups will be influenced by screen sizes; small screen size will have smaller saccades proportion indicating uneasy interface browsing compared to large screen size. All these results have been statistically evaluated using 2-way ANOVA