928 research outputs found
Organizational Form and Performance: Evidence from the Hotel Industry
International audienceWe use a unique proprietary panel data set from a large hotel company to study how organizational form affects hotel pricing and performance. Aggregate data patterns suggest sizable performance differences between franchised and company-operated hotels. However, after controlling for other factors, we find that if significant at all, such differences are economically small. Moreover, once we endogenize the choice of organizational form, the differences become insignificant. We conclude that the company chooses which hotels to franchise and operate corporately such that, conditional on hotel and market characteristics, it obtains consistent outcomes across organizational forms
Ground state of the Kagome-like S=1/2 antiferromagnet, Volborthite Cu3V2O7(OH)2.2H2O
Volborthite compound is one of the very few realizations of S=1/2 quantum
spins on a highly frustrated kagome-like lattice. Low-T SQUID measurements
reveal a broad magnetic transition below 2K which is further confirmed by a
peak in the 51V nuclear spin relaxation rate (1/T1) at 1.4K0.2K. Through
51V NMR, the ground state (GS) appears to be a mixture of different spin
configurations, among which 20% correspond to a well defined short range order,
possibly of the type. While the freezing involve all
the Cu spins, only 40% of the copper moment is actually frozen which
suggests that quantum fluctuations strongly renormalize the GS.Comment: 4 pages, 4 figures, to appear in PR
Vesignieite BaCu3V2O8(OH)2 as a Candidate Spin-1/2 Kagome Antiferromagnet
A polycrystalline sample of vesignieite BaCu3V2O8(OH)2 comprising a nearly
ideal kagome lattice composed of Cu2+ ions carrying spin 1/2 has been
synthesized and studied by magnetization and heat capacity measurements.
Magnetic susceptibility shows a neither long range order, a spin glass
transition nor a spin gap down to 2 K, in spite of a moderately strong
antiferromagnetic interaction of J/kB = 53 K between nearest-neighbor spins. A
broad peak observed at a temperature corresponding to 0.4J in intrinsic
magnetic susceptibility indicates a marked development of the short-range
order. The ground state of vesignieite is probably a gapless spin liquid or is
accompanied by a very small gap less than J/30.Comment: 4 pages, 5 figure
Strategic Capacity Planning Problems in Revenue‐Sharing Joint Ventures
Peer Reviewedhttps://deepblue.lib.umich.edu/bitstream/2027.42/154244/1/poms13128_am.pdfhttps://deepblue.lib.umich.edu/bitstream/2027.42/154244/2/poms13128.pd
Stress-driven instability in growing multilayer films
We investigate the stress-driven morphological instability of epitaxially
growing multilayer films, which are coherent and dislocation-free. We construct
a direct elastic analysis, from which we determine the elastic state of the
system recursively in terms of that of the old states of the buried layers. In
turn, we use the result for the elastic state to derive the morphological
evolution equation of surface profile to first order of perturbations, with the
solution explicitly expressed by the growth conditions and material parameters
of all the deposited layers. We apply these results to two kinds of multilayer
structures. One is the alternating tensile/compressive multilayer structure,
for which we determine the effective stability properties, including the effect
of varying surface mobility in different layers, its interplay with the global
misfit of the multilayer film, and the influence of asymmetric structure of
compressive and tensile layers on the system stability. The nature of the
asymmetry properties found in stability diagrams is in agreement with
experimental observations. The other multilayer structure that we study is one
composed of stacked strained/spacer layers. We also calculate the kinetic
critical thickness for the onset of morphological instability and obtain its
reduction and saturation as number of deposited layers increases, which is
consistent with recent experimental results. Compared to the single-layer film
growth, the behavior of kinetic critical thickness shows deviations for upper
strained layers.Comment: 27 pages, 11 figures; Phys. Rev. B, in pres
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