An Elasticity Measure Of Welfare Loss In Symmetric Oligopoly

We derive a measure of welfare loss as a proportion of the value of sales under quantity-setting symmetric oligopoly in terms of the equilibrium industry price elasticity of demand, the number of firms in the industry and a conjectural variation term in the context of the standard linear model. This generalises the monopoly measure in James and McHardy (1997)

Food habits of California Sea Lions (Zalophus californianus) and their impact on Salmonid Fisheries in Monterey Bay, California

In the ocean commercial troll and recreational salmon fishery in Monterey Bay California, California sea lions (Zalophus califomianus) will swim near or follow fishing boats and will depredate fish once hooked. The objectives of the study were to determine the percentage of salmon taken by pinnipeds in commercial and recreational fisheries, identify relative importance of prey items seasonally consumed by sea lions, and determine the proportion of salmonids in the sea lion diet on a seasonal basis. From April 1997 through September 1998, 1041 hours of onboard and dockside surveys of the commercial and recreational salmon fisheries were conducted at the three ports in Monterey Bay, California. Sea lions depreadated 7.9 % of the fish hooked in the commercial fishery in 1997 and 28.6 % in 1998,8.4 % (1997) and 18.3 % (1998) of the CPFV fishery, and 15.6 % (1997) and 17.5 % (1998) of the private skiff fishery. Increased depredation rates in both the commercial and recreational salmon fisheries in 1998 were most likely the result of the large EI Nino Southern Oscillation event that occurred in 1997-1998 during which a greater number of sea lions were present in central California. Prey hardparts identified in sea lion fecal samples collected in Monterey Bay indicated that schooling fishes were the predominant prey fish species, such as market squid (Loligo opalescens), Pacific sardine (Sardinops caeruleus), northern anchovy (Engraulis mordax), and rockfish (Sebastes sp.). Sea lions consumed similar prey species in the summer and fall 1997, winter 1997-98, and spring 1998 (PSI> 70.0) with market squid and northern anchovy being the dominant prey species. However, prey composition changed significantly during the summer 1998 and fall 1998 (PSI < 46.0) because of the increased importance of sardine and rockfish in the diet and the decreased importance of market squid. This report does not intend to imply that salmonids are not a prey species for pinnipeds in the Monterey Bay region, but highlights the difficulties encountered in establishing the role of salmonids in the pinniped diet when analyzing fecal samples. (PDF contains 38 pages)

Impact of the California sea lion (Zalophus californianus) on salmon fisheries in Monterey Bay, California

To assess the impact of California sea lions (Zalophus californianus) on salmon fisheries in the Monterey Bay region of California, the percentages of hooked fish taken by sea lions in commercial and recreational salmon fisheries were estimated from 1997 to 1999. Onboard surveys of sea lion interactions with the commercial and recreational f isheries and dockside interviews with fishermen after their return to port were conducted in the ports of Santa Cruz, Moss Landing, and Monterey. Approximately 1745 hours of onboard and dockside surveys were conducted—924 hours in the commercial fishery and 821 hours in the recreational fishery (commercial passenger fishing vessels [CPFVs] and personal skiffs combined). Adult male California sea lions were responsible for 98.4% of the observed depredations of hooked salmon in the commercial and recreational fisheries in Monterey Bay. Mean annual percentages of hooked salmon taken by sea lions ranged from 8.5% to 28.6% in the commercial fishery, 2.2% to 18.36% in the CPFVs, and 4.0% to 17.5% in the personal skiff fishery. Depredation levels in the commercial and recreational salmon fisheries were greatest in 1998—likely a result of the large El Niño Southern Oscillation (ENSO) event that occurred from 1997 to 1998 that reduced natural prey resources. Commercial fishermen lost an estimated $18,031−$60,570 of gear and $225,833−$498,076 worth of salmon as a result of interactions with sea lions. Approximately 1.4−6.2% of the available salmon population was removed from the system as a result of sea lion interactions with the fishery. Assessing the impact of a growing sea lion population on fisheries stocks is difficult, but may be necessary for effective fisheries management

Quanta Without Quantization

The dimensional properties of fields in classical general relativity lead to a tangent tower structure which gives rise directly to quantum mechanical and quantum field theory structures without quantization. We derive all of the fundamental elements of quantum mechanics from the tangent tower structure, including fundamental commutation relations, a Hilbert space of pure and mixed states, measurable expectation values, Schroedinger time evolution, collapse of a state and the probability interpretation. The most central elements of string theory also follow, including an operator valued mode expansion like that in string theory as well as the Virasoro algebra with central charges.Comment: 8 pages, Latex, Honorable Mention 1997 GRG Essa

The Future of Particle Physics

After a very brief review of twentieth century elementary particle physics, prospects for the next century are discussed. First and most important are technological limits of opportunities; next, the future experimental program, and finally the status of the theory, in particular its limitations as well as its opportunities.Comment: Invited talk given at the International Conference on Fundamental Sciences: Mathematics and Theoretical Physics, Singapore, 13-17 March 200

MICRO DYNAMICS OF INCOME, DEBT MANAGEMENT AND FARM FINANCIAL PERFORMANCE

Agricultural Finance,

The emergence of magnetic flux through a partially ionised solar atmosphere

We present results from 2.5D numerical simulations of the emergence of magnetic flux from the upper convection zone through the photosphere and chromosphere into the corona. Certain regions of the solar atmosphere are at sufficiently low temperatures to be only partially ionised, in particular the lower chromosphere. This leads to Cowling resistivities orders of magnitude larger than the Coulomb values, and thus to anisotropic dissipation in Ohm’s law. This also leads to localised low magnetic Reynolds numbers (R m < 1). We find that the rates of emergence of magnetic field are greatly increased by the partially ionised regions of the model atmosphere, and the resultant magnetic field is more diffuse. More importantly, the only currents associated with the magnetic field to emerge into the corona are aligned with the field, and thus the newly formed coronal field is force-free

Working group written presentation: Atomic oxygen

Earlier Shuttle flight experiments have shown NASA and SDIO spacecraft designed for operation in low-Earth orbit (LEO) must take into consideration the highly oxidative characteristics of the ambient flight environment. Materials most adversely affected by atomic oxygen interactions include organic films, advanced (carbon-based) composites, thermal control coatings, organic-based paints, optical coatings, and thermal control blankets commonly used in spacecraft applications. Earlier results of NASA flight experiments have shown prolonged exposure of sensitive spacecraft materials to the LEO environment will result in degraded systems performance or, more importantly, lead to requirements for excessive on-orbit maintenance, with both conditions contributing significantly to increased mission costs and reduced mission objectives. Flight data obtained from previous Space Shuttle missions and results of the Solar Max recovery mission are limited in terms of atomic oxygen exposure and accuracy of fluence estimates. The results of laboratory studies to investigate the long-term (15 to 30 yrs) effects of AO exposure on spacecraft surfaces are only recently available, and qualitative correlations of laboratory results with flight results have been obtained for only a limited number of materials. The working group recommended the most promising ground-based laboratories now under development be made operational as soon as possible to study the full-life effects of atomic oxygen exposure on spacecraft systems