A simple algorithm based on fluctuations to play the market

In Biology, all motor enzymes operate on the same principle: they trap favourable brownian fluctuations in order to generate directed forces and to move. Whether it is possible or not to copy one such strategy to play the market was the starting point of our investigations. We found the answer is yes. In this paper we describe one such strategy and appraise its performance with historical data from the European Monetary System (EMS), the US Dow Jones, the german Dax and the french Cac40.Comment: 8 pages 14 figure

The Rate Policy of Davao City Water District: A Case Study

This article is a product of a nine-month training and application program implemented by the micro component of the Economic and Social Impact Analysis/Women in Development (ESIA/WID) and the Food Systems Program of the East-West Center Resource Systems Institute (RSI). It reviews the existing reports, records and studies related to water sector. Findings show basic unit being directly proportional to cash requirements of the water district but inversely proportional to the number of its connectors.water sector, impact analysis

The Rate Policy of Davao City Water District: A Case Study

This article is a product of a nine-month training and application program implemented by the micro component of the Economic and Social Impact Analysis/Women in Development (ESIA/WID) and the Food Systems Program of the East-West Center Resource Systems Institute (RSI). It reviews the existing reports, records and studies related to water sector. Findings show basic unit being directly proportional to cash requirements of the water district but inversely proportional to the number of its connectors.water sector, impact analysis

Fibrations and stable generalized complex structures

A generalized complex structure is called stable if its defining anticanonical section vanishes transversally, on a codimension-two submanifold. Alternatively, it is a zero elliptic residue symplectic structure in the elliptic tangent bundle associated to this submanifold. We develop Gompf-Thurston symplectic techniques adapted to Lie algebroids, and use these to construct stable generalized complex structures out of log-symplectic structures. In particular we introduce the notion of a boundary Lefschetz fibration for this purpose and describe how they can be obtained from genus one Lefschetz fibrations over the disk.Comment: 35 pages, 2 figure

Economic Effects of Environmental Taxation on Chemical Fertilizers

This paper analyzes the economic effects of environmental taxes on chemical fertilizer in producing rice. A charge of 10 percent tax on nitrogen fertilizer leads to a reduction in fertilizer use of 1.5 percent without changing rice yield, but the farm income is reduced by 0.6 percent. The tax rate of 100 percent leads to a reduction of 14.6 percent in fertilizer use, a 0.4 percent reduction in rice yield, and a 3.6 percent reduction in farm income. A significant feature of eco-taxes imposed on chemical fertilizers is their revenue potential, which could contribute to increasing government budgets for finance pollution control programs, such as education and R&D. This study provides an insight into the application of market-based instrument to achieve sustainable agricultural development.polluter-pays-principle, nonpoint pollution, environmental tax, nitrogen fertilizer, negative externalities, Environmental Economics and Policy, Q28, Q52,

Bulk metals with helical surface states

In the flurry of experiments looking for topological insulator materials, it has been recently discovered that some bulk metals very close to topological insulator electronic states, support the same topological surface states that are the defining characteristic of the topological insulator. First observed in spin-polarized ARPES in Sb (D. Hsieh et al. Science 323, 919 (2009)), the helical surface states in the metallic systems appear to be robust to at least mild disorder. We present here a theoretical investigation of the nature of these "helical metals" - bulk metals with helical surface states. We explore how the surface and bulk states can mix, in both clean and disordered systems. Using the Fano model, we discover that in a clean system, the helical surface states are \emph{not} simply absorbed by hybridization with a non-topological parasitic metallic band. Instead, they are pushed away from overlapping in momentum and energy with the bulk states, leaving behind a finite-lifetime surface resonance in the bulk energy band. Furthermore, the hybridization may lead in some cases to multiplied surface state bands, in all cases retaining the helical characteristic. Weak disorder leads to very similar effects - surface states are pushed away from the energy bandwidth of the bulk, leaving behind a finite-lifetime surface resonance in place of the original surface states