Development and integration of the capillary pumped loop GAS and Hitchhiker flight experiments

The Capillary Pumped Loop (CPL) is a thermal control system with high density heat acquisition and transport capability. A small spaceflight version of the CPL was built and flown as a GAS experiment on STS 51-D in April 1985 and STS 51-G in June 1985, and as a Hitchhiker-G experiment on STS 61-C in January 1986. The purpose of the experiments was to demonstrate the capability of a capillary pumped system under microgravity conditions for use in the thermal control of large scientific instruments, advanced orbiting spacecraft, and space station components. The development, integration, and test activities of the CPL are described

NONCONSTANT PRICE EXPECTATIONS AND ACREAGE RESPONSE: THE CASE OF COTTON PRODUCTION IN GEORGIA

An adaptive regression model is used to examine the relative importance of cash and government support prices in determining cotton production over time. The results show that the cash price is more important as a source of price information for cotton producers than the government program price. The cash price was shown to have a greater influence on acreage response in every year, including periods thought to be dominated by government commodity programs.Adaptive regression, Cotton acreage response, Price expectations, Crop Production/Industries,

Invited commentary on Stewart and Davis " 'Big data' in mental health research-current status and emerging possibilities"

No abstract available

REIT Pricing Efficiency; Should Investors Still Be Concerned?

This study examines the impact of the REIT boom on the market microstructure of REIT common stocks. We analyze NYSE-traded REITs during the pre-boom period (1992) and the post-boom period (1994), and find significant reductions in bid/ask spreads over the period. We also find that the bid/ask spread differential between REITs and non-REITs has been roughly halved between 1991 and 1994. These reductions provide a direct benefit to REIT investors in terms of reduction in transaction costs and improved liquidity, and suggest that the level of uncertainty on the part of the REIT specialist has been reduced.

An Examination of Informed Traders and the Market Microstructure of Real Estate Investment Trusts

A significant body of research exists documenting that REITs perform differently from other types of equity securities, although the reasons for these differences are unclear. This study examines the intraday trading behavior of Real Estate Investment Trusts (REITs). Specifically, intraday REIT returns, volume, trading activity, and bid/ask spread are examined in an attempt to better understand the patterns of intraday information flow for a sample of REITs trading on the NYSE. After controlling for differences in market capitalization, share price, and institutional holdings, this paper analyzes differences between REITs and non-REITs, and between REITs that are widely held by institutions and those that are not. The results suggest that, as a group, REITs exhibit lower average volumes and number of trades than do similar non-REITs. In addition, the findings suggest that mortgage REITs trade at spreads that are wider. Surprisingly, the analysis of institutional ownership suggests that equity REITs that are widely held by institutions exhibit the largest divergence from non-REITs in terms of both intraday trading activity and volume, but at the same time trade closer to non-REITs in terms of bid/ask spread. Overall, the results of this study confirm that REITs are treated differently by investors than similar non-REITs, and the institutional ownership findings suggest that trading activity is less important as a determinant of REIT performance than is the level of institutional ownership.

Correlations of the IR Luminosity and Eddington Ratio with a Hard X-ray Selected Sample of AGN

We use the SWIFT Burst Alert Telescope (BAT) sample of hard x-ray selected active galactic nuclei (AGN) with a median redshift of 0.03 and the 2MASS J and K band photometry to examine the correlation of hard x-ray emission to Eddington ratio as well as the relationship of the J and K band nuclear luminosity to the hard x-ray luminosity. The BAT sample is almost unbiased by the effects of obscuration and thus offers the first large unbiased sample for the examination of correlations between different wavelength bands. We find that the near-IR nuclear J and K band luminosity is related to the BAT (14 - 195 keV) luminosity over a factor of $10^3$ in luminosity ($L_{IR} \approx L_{BAT}^{1.25}$)and thus is unlikely to be due to dust. We also find that the Eddington ratio is proportional to the x-ray luminosity. This new result should be a strong constraint on models of the formation of the broad band continuum.Comment: accepted to ApJ

Office strategies to reduce the risk of coronary heart disease

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