6,120 research outputs found

    Analysis of NuSTAR and Suzaku observations of Cyg X-1 in the hard state: evidence for a truncated disc geometry

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    The geometry of the accretion flow in black-hole X-ray binaries in the hard state, in particular the position of the disc inner edge, has been a subject of intense debate in recent years. We address this issue by performing a spectral study of simultaneous observations of Cyg X-1 in the hard state by NuSTAR and Suzaku. The same data were analysed before, and modelled by a lamppost containing hybrid electrons and located very close to the horizon, which emission was incident on a surrounding disc extending almost to the innermost stable circular orbit. We re-analyse the incident continuum model and show that it suffers from the lack of physical self-consistency. Still, the good fit to the data provided by this model indicates that the real continuum has a similar shape. We find it features a strong soft X-ray excess below a few keV, which we model as a soft thermal-Comptonization component, in addition to the main hard thermal-Compton component. This continuum model with reflection of both components yields the overall lowest χ2\chi^2 and has a geometry with a hot inner accretion flow and a disc truncated at ≃\simeq13--20 gravitational radii. On the other hand, we have also found spectral solution with a lamppost at a large height and a disc that can extend to the innnermost stable circular orbit, though somewhat statistically worse. Overall, we find the fitted truncation radius depends on the assumed continuum and geometry.Comment: MNRAS, in pres

    Valuation, Adverse Selection, and Market Collapses

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    We study a market for funding real investment where valuation—meaning investors devoting resources to acquiring information about future payoffs—creates an adverse selection problem. Unlike previous models, more valuation is associated with lower market prices and so greater returns to valuation. This strategic complementarity in the capacity to do valuation generates multiple equilibria. With multiple equilibria, the equilibrium without valuation is most efficient despite funding some unprofitable investments. Switches to valuation equilibria, valuation runs, look like credit crunches. A large investor can ensure the efficient equilibrium only if it can precommit to a price and potentially, only if subsidized

    We Believe in One New Orleans : Embracing Diversity Post-Katrina

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    Improved Constraints on Isotropic Shift and Anisotropies of the Speed of Light using Rotating Cryogenic Sapphire Oscillators

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    We demonstrate that Michelson-Morley tests, which detect direction-dependent anisotropies in the speed of light, can also be used to place limits upon isotropic deviations of the vacuum speed of light from cc, as described by the photon sector Standard Model Extension (SME) parameter κ~tr\tilde{\kappa}_{tr}. A shift in the speed of light that is isotropic in one inertial frame implies anisotropic shifts in others. Using observer Lorentz covariance, we derive the time-dependent variations in the relative resonance frequencies of a pair of electromagnetic resonators that would be generated by such a shift in the rest frame of the Sun. A new analysis of a recent experimental test of relativity using this result constrains κ~tr\tilde{\kappa}_{tr} with a precision of 7.4×10−97.4\times10^{-9}. This represents the first constraint on κ~tr\tilde{\kappa}_{tr} by a Michelson-Morley experiment and the first analysis of a single experiment to simultaneously set limits on all nine non-birefringent terms in the photon sector of the SME

    Homoiterons and expansion in ribosomal RNAs

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    AbstractRibosomal RNAs in both prokaryotes and eukaryotes feature numerous repeats of three or more nucleotides with the same nucleobase (homoiterons). In prokaryotes these repeats are much more frequent in thermophile compared to mesophile or psychrophile species, and have similar frequency in both large RNAs. These features point to use of prokaryotic homoiterons in stabilization of both ribosomal subunits. The two large RNAs of eukaryotic cytoplasmic ribosomes have expanded to a different degree across the evolutionary ladder. The big RNA of the larger subunit (60S LSU) evolved expansion segments of up to 2400 nucleotides, and the smaller subunit (40S SSU) RNA acquired expansion segments of not more than 700 nucleotides. In the examined eukaryotes abundance of rRNA homoiterons generally follows size and nucleotide bias of the expansion segments, and increases with GC content and especially with phylogenetic rank. Both the nucleotide bias and frequency of homoiterons are much larger in metazoan and angiosperm LSU compared to the respective SSU RNAs. This is especially pronounced in the tetrapod vertebrates and seems to culminate in the hominid mammals. The stability of secondary structure in polyribonucleotides would significantly connect to GC content, and should also relate to G and C homoiteron content. RNA modeling points to considerable presence of homoiteron-rich double-stranded segments especially in vertebrate LSU RNAs, and homoiterons with four or more nucleotides in the vertebrate and angiosperm LSU RNAs are largely confined to the expansion segments. These features could mainly relate to protein export function and attachment of LSU to endoplasmic reticulum and other subcellular networks
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