Analogue Casimir Radiation using an Optical Para- metric Oscillator

We establish an explicit analogy between the dynamical Casimir effect and the photon emission of a thin non-linear crystal pumped inside a cavity. This allows us to propose a system based on a type-I optical parametric oscillator (OPO) to simulate a cavity oscillating in vacuum at optical frequencies. The resulting photon flux is expected to be more easily detectable than with a mechanical excitation of the mirrors. We conclude by comparing different theoretical predictions and suggest that our experimental proposal could help discriminate between them.Comment: 7 pages, 2 figures, epl2 stylefile necessary to compil

A Theory of Takeovers and Disinvestment

We present a real-options model of takeovers and disinvestment in declining industries. As product demand declines, a first-best closure level is reached, where overall value is maximized by shutting down the .rm and releasing its capital to investors. Absent takeovers, managers of unlevered firms always abandon the firm's business too late. We model the managers' payout policy absent takeovers and consider the effects of golden parachutes and leverage on managers' shut-down decisions. We analyze the effects of takeovers of under-leveraged firms. Takeovers by raiders enforce first-best closure. Hostile takeovers by other firms occur either at the first-best closure point or too early. We also consider management buyouts and mergers of equals and show that in both cases closure happens inefficiently late.

A Litner Model of Payout and Managerial Rents

We develop a dynamic agency model where payout, investment and financing decisions are made by managers who attempt to maximize the rents they take from the firm, subject to a capital market constraint. Managers smooth payout in order to smooth their flow of rents. Total payout (dividends plus net repurchases) follows Lintner's (1956) target-adjustment model. Payout smooths out transitory shocks to current income and adjusts gradually to changes in permanent income. Smoothing is accomplished by borrowing or lending. Payout is not cut back to finance capital investment. Risk aversion causes managers to underinvest, but habit formation mitigates the degree of underinvestment.

Casimir torque between nanostructured plates

We investigate in detail the Casimir torque induced by quantum vacuum fluctuations between two nanostructured plates. Our calculations are based on the scattering approach and take into account the coupling between different modes induced by the shape of the surface which are neglected in any sort of proximity approximation or effective medium approach. We then present an experimental setup aiming at measuring this torque.Comment: 7 pages, 7 figure

Defining user perception of distributed multimedia quality

This article presents the results of a study that explored the human side of the multimedia experience. We propose a model that assesses quality variation from three distinct levels: the network, the media and the content levels; and from two views: the technical and the user perspective. By facilitating parameter variation at each of the quality levels and from each of the perspectives, we were able to examine their impact on user quality perception. Results show that a significant reduction in frame rate does not proportionally reduce the user's understanding of the presentation independent of technical parameters, that multimedia content type significantly impacts user information assimilation, user level of enjoyment, and user perception of quality, and that the device display type impacts user information assimilation and user perception of quality. Finally, to ensure the transfer of information, low-level abstraction (network-level) parameters, such as delay and jitter, should be adapted; to maintain the user's level of enjoyment, high-level abstraction quality parameters (content-level), such as the appropriate use of display screens, should be adapted

A comparison of glacier melt on debris-covered glaciers in the northern and southern Caucasus

The glacier coverage in the Caucasus Mountains underwent considerable changes during the last decades. In some regions, the observed reduction in glacier area is comparable to those in the European Alps and the extent of supra-glacial debris increased on many glaciers. Only a few glaciers in the Caucasus are monitored on a regular basis, while for most areas no continuous field measurements are available. In this study, regional differences of the conditions for glacier melt with a special focus on debris covered glacier tongues in the well-studied Adyl-su basin on the northern slope of the Caucasus Mountains (Russia) is compared with the Zopkhito basin which has similar characteristics but is located on the southern slope in Georgia. The paper focuses on the effect of supra-glacial debris cover on glacier summer melt. There are systematic differences in the distribution and increase of the debris cover on the glaciers of the two basins. In the Adyl-su basin an extensive debris cover on the glacier tongues is common, however, only those glacier tongues that are positioned at the lowest elevations in the Zopkhito basin show a considerable extent of supra-glacial debris. The observed increase in debris cover is considerably stronger in the north. Field experiments show that thermal resistance of the debris cover in both basins is somewhat higher than in other glaciated regions of the world, but there is also a significant difference between the two regions. A simple ablation model accounting for the effect of debris cover on ice melt shows that melt rates are considerably higher in the northern basin despite a wider debris distribution. This difference between the two regions can be attributed to different meteorological conditions which are characterised by more frequent cloud cover and precipitation in the south. Furthermore ablation is strongly influenced by the occurrence of supra-glacial debris cover in both basins, reducing the total amount of melt on the studied glaciers by about 25 %. This effect mitigates glacier retreat in the lower sectors of the ablation zones considerably. The sensitivity to moderate changes in the debris cover, however, is rather small which implies only gradual changes of the melt regime due to debris cover dynamics during the near future

Surface plasmon modes and the Casimir energy

We show the influence of surface plasmons on the Casimir effect between two plane parallel metallic mirrors at arbitrary distances. Using the plasma model to describe the optical response of the metal, we express the Casimir energy as a sum of contributions associated with evanescent surface plasmon modes and propagative cavity modes. In contrast to naive expectations, the plasmonic modes contribution is essential at all distances in order to ensure the correct result for the Casimir energy. One of the two plasmonic modes gives rise to a repulsive contribution, balancing out the attractive contributions from propagating cavity modes, while both contributions taken separately are much larger than the actual value of the Casimir energy. This also suggests possibilities to tailor the sign of the Casimir force via surface plasmons.Comment: 4 pages, 3 figures, revtex

Algorithmic Bias? An Empirical Study of Apparent Gender-Based Discrimination in the Display of STEM Career Ads

We explore data from a field test of how an algorithm delivered ads promoting job opportunities in the Science, Technology, Engineering and Math (STEM) fields. This ad was explicitly intended to be gender-neutral in its delivery. Empirically, however, fewer women saw the ad than men. This happened because younger women are a prized demographic and are more expensive to show ads to. An algorithm which simply optimizes cost-effectiveness in ad delivery will deliver ads that were intended to be gender-neutral in an apparently discriminatory way, due to crowding out. We show that this empirical regularity extends to other major digital platforms

Casimir torque between corrugated metallic plates

We consider two parallel corrugated plates and show that a Casimir torque arises when the corrugation directions are not aligned. We follow the scattering approach and calculate the Casimir energy up to second order in the corrugation amplitudes, taking into account nonspecular reflections, polarization mixing and the finite conductivity of the metals. We compare our results with the proximity force approximation, which overestimates the torque by a factor 2 when taking the conditions that optimize the effect. We argue that the Casimir torque could be measured for separation distances as large as 1 $\mu{\rm m}.$Comment: 7 pages, 3 figures, contribution to QFEXT07 proceeding