27,254 research outputs found

    Creativity and the Family Tree: Human Capital Endowments and the Propensity of Entrepreneurs to Patent

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    In this paper we show that the patenting behavior of creative entrepreneurs is correlated with the patenting behavior of their fathers, which we refer to as a source of the entrepreneurs' human capital endowments. Our argument for this relationship follows from established theories of developmental creativity, and our empirical analysis is based on survey data collected from MIT's Technology Review winners.patents, entrepreneurship, human capital endowments

    A Formal, Resource Consumption-Preserving Translation of Actors to Haskell

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    We present a formal translation of an actor-based language with cooperative scheduling to the functional language Haskell. The translation is proven correct with respect to a formal semantics of the source language and a high-level operational semantics of the target, i.e. a subset of Haskell. The main correctness theorem is expressed in terms of a simulation relation between the operational semantics of actor programs and their translation. This allows us to then prove that the resource consumption is preserved over this translation, as we establish an equivalence of the cost of the original and Haskell-translated execution traces.Comment: Pre-proceedings paper presented at the 26th International Symposium on Logic-Based Program Synthesis and Transformation (LOPSTR 2016), Edinburgh, Scotland UK, 6-8 September 2016 (arXiv:1608.02534

    Dipole Oscillations of a Bose-Einstein Condensate in Presence of Defects and Disorder

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    We consider dipole oscillations of a trapped dilute Bose-Einstein condensate in the presence of a scattering potential consisting either in a localized defect or in an extended disordered potential. In both cases the breaking of superfluidity and the damping of the oscillations are shown to be related to the appearance of a nonlinear dissipative flow. At supersonic velocities the flow becomes asymptotically dissipationless.Comment: 4 pages, 4 figure

    Profitability and Long-term Survival of Community Banks: Evidence from Texas

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    This study examines the impact of distance among competing bank locations on market their pricing behavior. A general spatial autoregressive model that nests both spatial autoregressive and spatial error models is used to examine the impact of distance on pricing behavior of 686 non-metro banks in Texas. Results show that non-metro banks exercise market power in pricing their products. An increase in spatial competition may reduce profitability and challenge long term survival of small community based financial institutions.Financial Economics,

    Market Power in Non-Metro Banking

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    Banks in non-metropolitan areas compete in a spatially-differentiated environment. This paper estimates a structural model of the supply and demand of banking services in which pricing power depends on the distance between rival banks. A spatial econometric model finds that approximately 38.0% of economic surplus derives from spatial market power.Financial Economics,

    Violation of the isotropic-\ell approximation in overdoped La_{2-x}Sr_xCuO_4

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    Magnetotransport measurements on the overdoped cuprate La_{1.7}Sr_{0.3}CuO_4 are fitted using the Ong construction and band parameters inferred from angle-resolved photoemission. Within a band picture, the low temperature Hall data can only be fitted satisfactorily by invoking strong basal-plane anisotropy in the mean-free-path \ell. This violation of the isotropic-\ell approximation supports a picture of dominant small-angle elastic scattering in cuprates due to out-of-plane substitutional disorder. We show that both band anisotropy and anisotropy in the elastic scattering channel strongly renormalize the Hall coefficient in overdoped La_{2-x}Sr_xCuO_4 over a wide doping and temperature range.Comment: 4 pages, 4 figure

    Comment on "Breakdown of the Internet under Intentional Attack"

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    We obtain the exact position of the percolation threshold in intentionally damaged scale-free networks.Comment: 1 page, to appear in Phys. Rev. Let

    Bose-Einstein condensation in complex networks

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    The evolution of many complex systems, including the world wide web, business and citation networks is encoded in the dynamic web describing the interactions between the system's constituents. Despite their irreversible and non-equilibrium nature these networks follow Bose statistics and can undergo Bose-Einstein condensation. Addressing the dynamical properties of these non-equilibrium systems within the framework of equilibrium quantum gases predicts that the 'first-mover-advantage', 'fit-get-rich' and 'winner-takes-all' phenomena observed in competitive systems are thermodynamically distinct phases of the underlying evolving networks

    Growth rates for subclasses of Av(321)

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    Pattern classes which avoid 321 and other patterns are shown to have the same growth rates as similar (but strictly larger) classes obtained by adding articulation points to any or all of the other patterns. The method of proof is to show that the elements of the latter classes can be represented as bounded merges of elements of the original class, and that the bounded merge construction does not change growth rates
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