An Empirical Analysis of the Economic Impact of Federal Terrorism Reinsurance

This paper examines the role of the federal government in the market for terrorism reinsurance. We investigate the stock price response of affected industries to a sequence of thirteen events culminating in the enactment of the Terrorism Risk Insurance Act (TRIA) of 2002. In the industries most likely to be affected by TRIA banking, construction, insurance, real estate investment trusts, transportation, and public utilities the stock price effect was primarily negative. The Act was at best value-neutral for property-casualty insurers because it eliminated the option not to offer terrorism insurance. The negative response of the other industries may be attributable to the Act's impeding more efficient private market solutions, failing to address nuclear, chemical, and biological hazards, and reducing market expectations of federal assistance following future terrorist attacks.

Potential of Interplanetary Torques and Solar Modulation for Triggering Terrestrial Atmospheric and Lithospheric Events

The Sun is forced into an orbit around the barycenter of the solar system because of the changing mass distribution of the planets. Solar-planetary-lunar dynamic relationships may form a new basis for understanding and predicting cyclic solar forcing functions on the Earth's climate.Comment: Invited Paper at the Fourth UN/ESA Workshop on Basic Space Science, Cairo, Egypt, July 1994. 7 pages LaTeX. Accepted for publication in the journal Earth, Moon, and Planet

Inner topological structure of Hopf invariant

In light of $\phi$-mapping topological current theory, the inner topological structure of Hopf invariant is investigated. It is revealed that Hopf invariant is just the winding number of Gauss mapping. According to the inner structure of topological current, a precise expression for Hopf invariant is also presented. It is the total sum of all the self-linking and all the linking numbers of the knot family.Comment: 13pages, no figure. Accepted by J.Math.Phy

Entropy and weak solutions in the thermal model for the compressible Euler equations

Among the existing models for compressible fluids, the one by Kataoka and Tsutahara (KT model, Phys. Rev. E 69, 056702, 2004) has a simple and rigorous theoretical background. The drawback of this KT model is that it can cause numerical instability if the local Mach number exceeds 1. The precise mechanism of this instability has not yet been clarified. In this paper, we derive entropy functions whose local equilibria are suitable to recover the Euler-like equations in the framework of the lattice Boltzmann method for the KT model. Numerical examples are also given, which are consistent with the above theoretical arguments, and show that the entropy condition is not fully guaranteed in KT model. The negative entropy may be the inherent cause for the non-physical oscillations in the vicinity of the shock. In contrast to these Karlin's microscopic entropy approach, the corresponding subsidiary entropy condition in the LBM calculation could also be deduced explicitly from the macroscopic version, which provides some insights on the numerical instability of the lattice Boltzmann model for shock calculation.Comment: 27 pages,6 figure

Self-Organized Criticality in Compact Plasmas

Compact plasmas, that exist near black-hole candidates and in gamma ray burst sources, commonly exhibit self-organized non-linear behavior. A model that simulates the non-linear behavior of compact radiative plasmas is constructed directly from the observed luminosity and variability. The simulation shows that such plasmas self organize, and that the degree of non-linearity as well as the slope of the power density spectrum increase with compactness. The simulation is based on a cellular automaton table that includes the properties of the hot (relativistic) plasmas, and the magnitude of the energy perturbations. The plasmas cool or heat up, depending on whether they release more or less than the energy of a single perturbation. The energy release depends on the plasmas densities and temperatures, and the perturbations energy. Strong perturbations may cool the previously heated plasma through shocks and/or pair creation. New observations of some active galactic nuclei and gamma ray bursters are consistent with the simulationComment: 9 pages, 5 figures, AASTeX, Submitted to ApJ

Lattice QCD ensembles with four flavors of highly improved staggered quarks

We present results from our simulations of quantum chromodynamics (QCD) with four flavors of quarks: u, d, s, and c. These simulations are performed with a one-loop Symanzik improved gauge action, and the highly improved staggered quark (HISQ) action. We are generating gauge configurations with four values of the lattice spacing ranging from 0.06 fm to 0.15 fm, and three values of the light quark mass, including the value for which the Goldstone pion mass is equal to the physical pion mass. We discuss simulation algorithms, scale setting, taste symmetry breaking, and the autocorrelations of various quantities. We also present results for the topological susceptibility which demonstrate the improvement of the HISQ configurations relative to those generated earlier with the asqtad improved staggered action.Comment: 43 pages, 11 postscript figures, 15 tables, minor changes in text, version published in Phys. Rev.