Longevity Insurance Annuities

Recent U.S. Treasury Department proposals have focused attention on longevity insurance annuities. These are deferred annuities that begin payment at advanced older ages, such as the age of 82. While the United Kingdom has by far the world’s largest annuity market, and some insurance companies used to provide longevity insurance annuities, currently no companies provide these annuities. The main reason for the change is that proposed European Union regulations will require insurance companies to increase their reserves for these annuities in recognition that there is no asset available to effectively hedge the risk of unexpectedly large improvements in life expectancy

Spreading Dynamics of Polymer Nanodroplets

The spreading of polymer droplets is studied using molecular dynamics simulations. To study the dynamics of both the precursor foot and the bulk droplet, large drops of ~200,000 monomers are simulated using a bead-spring model for polymers of chain length 10, 20, and 40 monomers per chain. We compare spreading on flat and atomistic surfaces, chain length effects, and different applications of the Langevin and dissipative particle dynamics thermostats. We find diffusive behavior for the precursor foot and good agreement with the molecular kinetic model of droplet spreading using both flat and atomistic surfaces. Despite the large system size and long simulation time relative to previous simulations, we find no evidence of hydrodynamic behavior in the spreading droplet.Comment: Physical Review E 11 pages 10 figure

New minimal weight representations for left-to-right window methods

Abstract. For an integer w ≥ 2, a radix 2 representation is called a width-w nonadjacent form (w-NAF, for short) if each nonzero digit is an odd integer with absolute value less than 2 w−1, and of any w consecutive digits, at most one is nonzero. In elliptic curve cryptography, the w-NAF window method is used to efficiently compute nP where n is an integer and P is an elliptic curve point. We introduce a new family of radix 2 representations which use the same digits as the w-NAF but have the advantage that they result in a window method which uses less memory. This memory savings results from the fact that these new representations can be deduced using a very simple left-to-right algorithm. Further, we show that like the w-NAF, these new representations have a minimal number of nonzero digits. 1 Window Methods An operation fundamental to elliptic curve cryptography is scalar multiplication; that is, computing nP for an integer, n, and an elliptic curve point, P. A number of different algorithms have been proposed to perform this operation efficiently (see Ch. 3 of [4] for a recent survey). A variety of these algorithms, known as window methods, use the approach described in Algorithm 1.1. For example, suppose D = {0, 1, 3, 5, 7}. Using this digit set, Algorithm 1.1 first computes and stores P, 3P, 5P and 7P. After a D-radix 2 representation of n is computed its digits are read from left to right by the “for ” loop and nP is computed using doubling and addition operations (and no subtractions). One way to compute a D-radix 2 representation of n is to slide a 3-digit window from right to left across the {0, 1}-radix 2 representation of n (see Section 4). Using negative digits takes advantage of the fact that subtracting an elliptic curve point can be done just as efficiently as adding it. Suppose now that D

Roughening Transition in a Moving Contact Line

The dynamics of the deformations of a moving contact line on a disordered substrate is formulated, taking into account both local and hydrodynamic dissipation mechanisms. It is shown that both the coating transition in contact lines receding at relatively high velocities, and the pinning transition for slowly moving contact lines, can be understood in a unified framework as roughening transitions in the contact line. We propose a phase diagram for the system in which the phase boundaries corresponding to the coating transition and the pinning transition meet at a junction point, and suggest that for sufficiently strong disorder a receding contact line will leave a Landau--Levich film immediately after depinning. This effect may be relevant to a recent experimental observation in a liquid Helium contact line on a Cesium substrate [C. Guthmann, R. Gombrowicz, V. Repain, and E. Rolley, Phys. Rev. Lett. {\bf 80}, 2865 (1998)].Comment: 16 pages, 6 encapsulated figure

Unification of multi-species vertebrate anatomy ontologies for comparative biology in Uberon.

BACKGROUND: Elucidating disease and developmental dysfunction requires understanding variation in phenotype. Single-species model organism anatomy ontologies (ssAOs) have been established to represent this variation. Multi-species anatomy ontologies (msAOs; vertebrate skeletal, vertebrate homologous, teleost, amphibian AOs) have been developed to represent 'natural' phenotypic variation across species. Our aim has been to integrate ssAOs and msAOs for various purposes, including establishing links between phenotypic variation and candidate genes. RESULTS: Previously, msAOs contained a mixture of unique and overlapping content. This hampered integration and coordination due to the need to maintain cross-references or inter-ontology equivalence axioms to the ssAOs, or to perform large-scale obsolescence and modular import. Here we present the unification of anatomy ontologies into Uberon, a single ontology resource that enables interoperability among disparate data and research groups. As a consequence, independent development of TAO, VSAO, AAO, and vHOG has been discontinued. CONCLUSIONS: The newly broadened Uberon ontology is a unified cross-taxon resource for metazoans (animals) that has been substantially expanded to include a broad diversity of vertebrate anatomical structures, permitting reasoning across anatomical variation in extinct and extant taxa. Uberon is a core resource that supports single- and cross-species queries for candidate genes using annotations for phenotypes from the systematics, biodiversity, medical, and model organism communities, while also providing entities for logical definitions in the Cell and Gene Ontologies. THE ONTOLOGY RELEASE FILES ASSOCIATED WITH THE ONTOLOGY MERGE DESCRIBED IN THIS MANUSCRIPT ARE AVAILABLE AT: http://purl.obolibrary.org/obo/uberon/releases/2013-02-21/ CURRENT ONTOLOGY RELEASE FILES ARE AVAILABLE ALWAYS AVAILABLE AT: http://purl.obolibrary.org/obo/uberon/releases

Dynamics of liquid He-4 in confined geometries from Time-Dependent Density Functional calculations

We present numerical results obtained from Time-Dependent Density Functional calculations of the dynamics of liquid He-4 in different environments characterized by geometrical confinement. The time-dependent density profile and velocity field of He-4 are obtained by means of direct numerical integration of the non-linear Schrodinger equation associated with a phenomenological energy functional which describes accurately both the static and dynamic properties of bulk liquid He-4. Our implementation allows for a general solution in 3-D (i.e. no symmetries are assumed in order to simplify the calculations). We apply our method to study the real-time dynamics of pure and alkali-doped clusters, of a monolayer film on a weakly attractive surface and a nano-droplet spreading on a solid surface.Comment: q 1 tex file + 9 Ps figure

Large-scale periodicity in the distribution of QSO absorption-line systems

The spatial-temporal distribution of absorption-line systems (ALSs) observed in QSO spectra within the cosmological redshift interval z = 0.0--4.3 is investigated on the base of our updated catalog of absorption systems. We consider so called metallic systems including basically lines of heavy elements. The sample of the data displays regular variations (with amplitudes ~ 15 -- 20%) in the z-distribution of ALSs as well as in the eta-distribution, where eta is a dimensionless line-of-sight comoving distance, relatively to smoother dependences. The eta-distribution reveals the periodicity with period Delta eta = 0.036 +/- 0.002, which corresponds to a spatial characteristic scale (108 +/- 6) h(-1) Mpc or (alternatively) a temporal interval (350 +/- 20) h(-1) Myr for the LambdaCDM cosmological model. We discuss a possibility of a spatial interpretation of the results treating the pattern obtained as a trace of an order imprinted on the galaxy clustering in the early Universe.Comment: AASTeX, 13 pages, with 9 figures, Accepted for publication in Astrophysics & Space Scienc