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Uncertainties in tidally adjusted estimates of sea level rise flooding (bathtub model) for the Greater London
Sea-level rise (SLR) from global warming may have severe consequences for coastal cities,
particularly when combined with predicted increases in the strength of tidal surges. Predicting the
regional impact of SLR flooding is strongly dependent on the modelling approach and accuracy
of topographic data. Here, the areas under risk of sea water flooding for London boroughs were
quantified based on the projected SLR scenarios reported in Intergovernmental Panel on Climate
Change (IPCC) fifth assessment report (AR5) and UK climatic projections 2009 (UKCP09) using a
tidally-adjusted bathtub modelling approach. Medium- to very high-resolution digital elevation
models (DEMs) are used to evaluate inundation extents as well as uncertainties. Depending on the
SLR scenario and DEMs used, it is estimated that 3%–8% of the area of Greater London could be
inundated by 2100. The boroughs with the largest areas at risk of flooding are Newham, Southwark,
and Greenwich. The differences in inundation areas estimated from a digital terrain model and a
digital surface model are much greater than the root mean square error differences observed between
the two data types, which may be attributed to processing levels. Flood models from SRTM data
underestimate the inundation extent, so their results may not be reliable for constructing flood
risk maps. This analysis provides a broad-scale estimate of the potential consequences of SLR and
uncertainties in the DEM-based bathtub type flood inundation modelling for London boroughs
The stable free rank of symmetry of products of spheres
A well known conjecture in the theory of transformation groups states that if
p is a prime and (Z/p)^r acts freely on a product of k spheres, then r is less
than or equal to k. We prove this assertion if p is large compared to the
dimension of the product of spheres. The argument builds on tame homotopy
theory for non simply connected spaces.Comment: 30 pages; improved exposition, some details adde
Impact of system factors on the water saving efficiency of household grey water recycling
Copyright © 2010 Taylor & Francis. This is an Author's Accepted Manuscript of an article published in Desalination and Water Treatment Volume 24, Issue 1-3 (2010), available online at: http://www.tandfonline.com/10.5004/dwt.2010.1542A general concern when considering the implementation of domestic grey water recycling is to understand the impacts of system factors on water saving efficiency. Key factors include household occupancy, storage volumes, treatment capacity and operating mode. Earlier investigations of the impacts of these key factors were based on a one-tank system only. This paper presents the results of an investigation into the effect of these factors on the performance of a more realistic ‘two tank’ system with treatment using an object based household water cycle model. A Monte-Carlo simulation technique was adopted to generate domestic water appliance usage data which allows long-term prediction of the system's performance to be made. Model results reveal the constraints of treatment capacity, storage tank sizes and operating mode on percentage of potable water saved. A treatment capacity threshold has been discovered at which water saving efficiency is maximised for a given pair of grey and treated grey water tank. Results from the analysis suggest that the previous one-tank model significantly underestimates the tank volumes required for a given target water saving efficiency
Ernst Freund as Precursor of the Rational Study of Corporate Law
Gindis, David, Ernst Freund as Precursor of the Rational Study of Corporate Law (October 27, 2017). Journal of Institutional Economics, Forthcoming. Available at SSRN: https://ssrn.com/abstract=2905547, doi: https://dx.doi.org/10.2139/ssrn.2905547The rise of large business corporations in the late 19th century compelled many American observers to admit that the nature of the corporation had yet to be understood. Published in this context, Ernst Freund's little-known The Legal Nature of Corporations (1897) was an original attempt to come to terms with a new legal and economic reality. But it can also be described, to paraphrase Oliver Wendell Holmes, as the earliest example of the rational study of corporate law. The paper shows that Freund had the intuitions of an institutional economist, and engaged in what today would be called comparative institutional analysis. Remarkably, his argument that the corporate form secures property against insider defection and against outsiders anticipated recent work on entity shielding and capital lock-in, and can be read as an early contribution to what today would be called the theory of the firm.Peer reviewe
Quantifying the sustainability of economic resource networks: An ecological information-based approach
Sustainability as a concept has multiple disparate perspectives stemming from different related disciplines which either maintain ambiguous interpretations or concentrate on metrics pertaining to single aspects of a system. Given the embedded multi-dimensionality of sustainability, systemic approaches are needed that can cope with interactions of different dimensions. Past efforts for measuring sustainability holistically have taken an accounting approach based on the availability and efficiency of resource flows. However, an accounting approach fails to fully incorporate the intensive parameters pertaining to sustainability. An ecological information-based approach is a promising holistic measurement which incorporates both intensive and extensive dimensions of sustainability. This paper evaluates this approach by applying it to six economic resource trade flow networks: virtual water, oil, world commodity, OECD+BRIC commodity, OECD+BRIC foreign direct investment, and iron and steel. From the perspective of biomimicry, it appears that these networks can achieve higher levels of efficiency without weakening their robustness to resource delivery. The trends of measured efficiency and redundancy of the studied networks are demonstrated to be useful in reflecting long term changes while the trend in robustness levels were found to exhibit similar behavior to an ecosystem in its early phase of development