17,952 research outputs found

    The Restructuring of the Saskatchewan Wheat Pool: Overconfidence and Agency

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    This paper examines how agency problems combined with overconfidence and hubris by coop management lead to financial failure in the Saskatchewan Wheat Pool. As a consequence of both of these problems, the Pool made poor investment decisions and ended up in severe financial difficulties. These problems were exacerbated by three additional factors: (1) ownership and control were separated via an A-B share structure, leading to a situation where neither farmer members nor investors had an incentive to monitor management activities; (2) the sheer volume of investment activity undertaken made it virtually impossible for the board to stay on top of what was happening; and (3) as a result of the change financial structure, senior management had available a large amount of debt capital that it could spend.Agribusiness, Crop Production/Industries,

    Study of hot wire techniques in low density flows with high turbulence levels

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    Prediction of heat, mass, species, and momentum fluxes in a space vehicle and aerodynamic noise production by supersonic jet and rocket exhausts requires a predictability of the associated turbulence fields. The hot wire is a technique that will allow an experimental determination of turbulent properties

    Flows, Fragmentation, and Star Formation. I. Low-mass Stars in Taurus

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    The remarkably filamentary spatial distribution of young stars in the Taurus molecular cloud has significant implications for understanding low-mass star formation in relatively quiescent conditions. The large scale and regular spacing of the filaments suggests that small-scale turbulence is of limited importance, which could be consistent with driving on large scales by flows which produced the cloud. The small spatial dispersion of stars from gaseous filaments indicates that the low-mass stars are generally born with small velocity dispersions relative to their natal gas, of order the sound speed or less. The spatial distribution of the stars exhibits a mean separation of about 0.25 pc, comparable to the estimated Jeans length in the densest gaseous filaments, and is consistent with roughly uniform density along the filaments. The efficiency of star formation in filaments is much higher than elsewhere, with an associated higher frequency of protostars and accreting T Tauri stars. The protostellar cores generally are aligned with the filaments, suggesting that they are produced by gravitational fragmentation, resulting in initially quasi-prolate cores. Given the absence of massive stars which could strongly dominate cloud dynamics, Taurus provides important tests of theories of dispersed low-mass star formation and numerical simulations of molecular cloud structure and evolution.Comment: 32 pages, 9 figures: to appear in Ap

    Dark cloud cores and gravitational decoupling from turbulent flows

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    We test the hypothesis that the starless cores may be gravitationally bound clouds supported largely by thermal pressure by comparing observed molecular line spectra to theoretical spectra produced by a simulation that includes hydrodynamics, radiative cooling, variable molecular abundance, and radiative transfer in a simple one-dimensional model. The results suggest that the starless cores can be divided into two categories: stable starless cores that are in approximate equilibrium and will not evolve to form protostars, and unstable pre-stellar cores that are proceeding toward gravitational collapse and the formation of protostars. The starless cores might be formed from the interstellar medium as objects at the lower end of the inertial cascade of interstellar turbulence. Additionally, we identify a thermal instability in the starless cores. Under par ticular conditions of density and mass, a core may be unstable to expansion if the density is just above the critical density for the collisional coupling of the gas and dust so that as the core expands the gas-dust coupling that cools the gas is reduced and the gas warms, further driving the expansion.Comment: Submitted to Ap

    Turbulent Cooling Flows in Molecular Clouds

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    We propose that inward, subsonic flows arise from the local dissipation of turbulent motions in molecular clouds. Such "turbulent cooling flows" may account for recent observations of spatially extended inward motions towards dense cores. These pressure-driven flows may arise from various types of turbulence and dissipation mechanisms. For the example of MHD waves and turbulence damped by ion-neutral friction, sustained cooling flow requires that the outer gas be sufficiently turbulent, that the inner gas have marginal field-neutral coupling, and that this coupling decrease sufficiently rapidly with increasing density. These conditions are most likely met at the transition between outer regions ionized primarily by UV photons and inner regions ionized primarily by cosmic rays. If so, turbulent cooling flows can help form dense cores, with speeds faster than expected for ambipolar diffusion. Such motions could reduce the time needed for dense core formation and could precede and enhance the motions of star-forming gravitational infall.Comment: To appear ApJL, Nov.10, 4 ApJ style pages, Postscrip

    Optimization study of high power static inverters and converters Final report

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    Optimization study and basic performance characteristics for conceptual designs for high power static inverter
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