DIMINISHING MARGINAL VALUE

The notion of diminishing marginal value has had a profound impact on the development of neoclassical theory. Early neoclassical scholars had considerable difficulty convincing contemporaries of the new paradigm's value until political economists, including Jevons and Walras, used the critical assumption of diminishing marginal value to link utility and demand. While diminishing marginal value remains a key component of modern economic intuition, there is surprisingly little empirical verification of its existence or level. This paper gathers field data across a myriad of subject pools--from undergraduate students to PTA members to sportscard enthusiasts--to examine several aspects of preferences in both price and exchange institutions. Examining behavior of nearly 900 subjects across several treatments, we find strong evidence of diminishing marginal value.Research Methods/ Statistical Methods,

Soluble CD40 ligand can replace the normal T cell-derived CD40 ligand signal to B cells in T cell-dependent activation

We have constructed a soluble chimeric fusion protein between the mouse CD8 alpha chain and the mouse CD40 T cell ligand. This protein binds to both human and mouse B cells. By itself it induced a modest degree of B cell proliferation, but together with anti-immunoglobulin (anti-Ig) antibody it greatly stimulated B cell proliferation, as determined by both [3H]thymidine uptake and increase in cell numbers. These data are evidence that the CD40 ligand on T cells provides a signal that drives B cell proliferation. This signal is synergistic with that delivered by anti-Ig antibody

Using aircraft measurements to determine the refractive index of Saharan dust during the DODO Experiments

Much uncertainty in the value of the imaginary part of the refractive index of mineral dust contributes to uncertainty in the radiative effect of mineral dust in the atmosphere. A synthesis of optical, chemical and physical in-situ aircraft measurements from the DODO experiments during February and August 2006 are used to calculate the refractive index mineral dust encountered over West Africa. Radiative transfer modeling and measurements of broadband shortwave irradiance at a range of altitudes are used to test and validate these calculations for a specific dust event on 23 August 2006 over Mauritania. Two techniques are used to determine the refractive index: firstly a method combining measurements of scattering, absorption, size distributions and Mie code simulations, and secondly a method using composition measured on filter samples to apportion the content of internally mixed quartz, calcite and iron oxide-clay aggregates, where the iron oxide is represented by either hematite or goethite and clay by either illite or kaolinite. The imaginary part of the refractive index at 550 nm (ni550) is found to range between 0.0001 i to 0.0046 i, and where filter samples are available, agreement between methods is found depending on mineral combination assumed. The refractive indices are also found to agree well with AERONET data where comparisons are possible. ni550 is found to vary with dust source, which is investigated with the NAME model for each case. The relationship between both size distribution and ni550 on the accumulation mode single scattering albedo at 550 nm (ω0550) are examined and size distribution is found to have no correlation to ω0550, while ni550 shows a strong linear relationship with ω0550. Radiative transfer modeling was performed with different models (Mie-derived refractive indices, but also filter sampling composition assuming both internal and external mixing). Our calculations indicate that Mie-derived values of ni550 and the externally mixed dust where the iron oxide-clay aggregate corresponds to the goethite-kaolinite combination result in the best agreement with irradiance measurements. The radiative effect of the dust is found to be very sensitive to the mineral combination (and hence refractive index) assumed, and to whether the dust is assumed to be internally or externally mixed

Development of the NASA VALT digital navigation system

The research to develop and fabricate a terminal area navigation system for use in the NASA VTOL Approach and Landing Technology (VALT) program. The results of that effort are reported. The navigation system developed and fabricated was based on a general purpose airborne digital computer. A set of flight hardware units was fabricated to create the necessary analog, digital and human interface with the computer. A comprehensive package of software was created to implement the control and guidance laws required for automatic and flight director approaches that are curved in two planes. A technique was developed that enables the generation of randomly shaped lateral paths from simple input data. The lateral path concept combines straight line and elliptical-curved segments to fit a continuous curved path to the data points. A simple, fixed base simulation was put together to assist in developing and evaluating the system. The simulation was used to obtain system performance data during simulated curved-path approaches

Stability analysis of polarized domains

Polarized ferrofluids, lipid monolayers and magnetic bubbles form domains with deformable boundaries. Stability analysis of these domains depends on a family of nontrivial integrals. We present a closed form evaluation of these integrals as a combination of Legendre functions. This result allows exact and explicit formulae for stability thresholds and growth rates of individual modes. We also evaluate asymptotic behavior in several interesting limits.Comment: 12 pages, 3 figures, Late

Gamma-Ray Observations of GRO J1655-40

The bright transient X-ray source GRO J1655-40 = XN Sco 1994 was observed by the OSSE instrument on the Compton Gamma Ray Observatory (GRO). Preliminary results are reported here. The initial outburst from GRO J1655-40 was detected by BATSE on 27 Jul 1994. OSSE observations were made in five separate viewing periods starting between 4 Aug 1994 and 4 Apr 1995. The first, third, and fifth observations are near the peak luminosity. In the second observation, the source flux had dropped by several orders of magnitude and we can only set an upper limit. The fourth observation is a weak detection after the period of maximum outburst. In contrast with other X-ray novae such as GRO J0422+32, the spectrum determined by OSSE is consistent with a simple power law over the full range of detection, about 50 - 600 keV. The photon spectral index is in the range of -2.5 to 2.8 in all of the observations. We set an upper limit on fractional rms variation \u3c5% in the frequency range 0.01 – 60 Hz. No significant narrow or broad line features are observed at any energy

Radiocarbon dating of mumiyo from the Vestfold Hills, East Antarctica

Accelerator mass spectrometer (AMS) radiocarbon dating of mumiyo deposited by snow petrels at nesting sites in the Vestfold Hills indicates the colonies were established after 4800 yr BP (uncorrected for marine reservoir effect). Sites on the highest hills were probably established first, but colonisation took place long after initial deglaciation, which was well advanced by 12.5k yr BP. The reason for late colonisation is not known. Perhaps older sites exist, but current evidence suggests the main colonisation occurred after the mid-Holocene re-advance of the Sorsdal Glacier. (il3C values indicate a diet of krill

Bayesian multiscale deconvolution applied to gamma-ray spectroscopy

A common task in gamma-ray astronomy is to extract spectral information, such as model constraints and incident photon spectrum estimates, given the measured energy deposited in a detector and the detector response. This is the classic problem of spectral “deconvolution” or spectral inversion. The methods of forward folding (i.e., parameter fitting) and maximum entropy “deconvolution” (i.e., estimating independent input photon rates for each individual energy bin) have been used successfully for gamma-ray solar flares (e.g., Rank, 1997; Share and Murphy, 1995). These methods have worked well under certain conditions but there are situations were they don’t apply. These are: 1) when no reasonable model (e.g., fewer parameters than data bins) is yet known, for forward folding; 2) when one expects a mixture of broad and narrow features (e.g., solar flares), for the maximum entropy method; and 3) low count rates and low signal-to-noise, for both. Low count rates are a problem because these methods (as they have been implemented) assume Gaussian statistics but Poisson are applicable. Background subtraction techniques often lead to negative count rates. For Poisson data the Maximum Likelihood Estimator (MLE) with a Poisson likelihood is appropriate. Without a regularization term, trying to estimate the “true” individual input photon rates per bin can be an ill-posed problem, even without including both broad and narrow features in the spectrum (i.e., amultiscale approach). One way to implement this regularization is through the use of a suitable Bayesian prior. Nowak and Kolaczyk (1999) have developed a fast, robust, technique using a Bayesian multiscale framework that addresses these problems with added algorithmic advantages. We outline this new approach and demonstrate its use with time resolved solar flare gamma-ray spectroscopy

The Carrington event not observed in most ice core nitrate records

The Carrington Event of 1859 is considered to be among the largest space weather events of the last 150 years. We show that only one out of 14 well-resolved ice core records from Greenland and Antarctica has a nitrate spike dated to 1859. No sharp spikes are observed in the Antarctic cores studied here. In Greenland numerous spikes are observed in the 40 years surrounding 1859, but where other chemistry was measured, all large spikes have the unequivocal signal, including co-located spikes in ammonium, formate, black carbon and vanillic acid, of biomass burning plumes. It seems certain that most spikes in an earlier core, including that claimed for 1859, are also due to biomass burning plumes, and not to solar energetic particle (SEP) events. We conclude that an event as large as the Carrington Event did not leave an observable, widespread imprint in nitrate in polar ice. Nitrate spikes cannot be used to derive the statistics of SEPs

‘‘There’s so much more to it than what I initially thought’’: Stepping into researchers’ shoes with a class activity in a first year psychology survey course

In psychology, it is widely agreed that research methods, although central to the discipline, are particularly challenging to learn and teach, particularly at introductory level. This pilot study explored the potential of embedding a student-conducted research activity in a one-semester undergraduate Introduction to Psychology survey course, with the aims of (a) engaging students with the topic of research methods; (b) developing students’ comprehension and application of research methods concepts; and (c) building students’ ability to link research with theory. The research activity explored shoe ownership, examining gender differences and relationships with age, and linking to theories of gender difference and of consumer identity. The process of carrying out the research and reflecting on it created a contextualized, active learning environment in which students themselves raised many issues that research methods lectures seek to cover. Students also wrote richer assignments than standard first year mid-term essay