The Regulation of Trading Markets: A Survey and Evaluation

This chapter was prepared for a conference exploring the desirability and structure of a new special study of the securities markets. Our objective is not to resolve all of the questions that commentators have raised about the new equity markets, but to lay the groundwork for a new special study by surveying the state of market regulation, identifying issues, and offering preliminary evaluations

Canonical Statistical Model for Maximum Expected Immission of Wire Conductor in an Aperture Enclosure

Prediction of the maximum expected electromagnetic pick-up of conductors inside a realistic shielding enclosure is an important canonical problem for system-level EMC design of space craft, launch vehicles, aircraft and automobiles. This paper introduces a simple statistical power balance model for prediction of the maximum expected current in a wire conductor inside an aperture enclosure. It calculates both the statistical mean and variance of the immission from the physical design parameters of the problem. Familiar probability density functions can then be used to predict the maximum expected immission for deign purposes. The statistical power balance model requires minimal EMC design information and solves orders of magnitude faster than existing numerical models, making it ultimately viable for scaled-up, full system-level modeling. Both experimental test results and full wave simulation results are used to validate the foundational model

The soil and plant biogeochemistry sampling design for The National Ecological Observatory Network

Human impacts on biogeochemical cycles are evident around the world, from changes to forest structure and function due to atmospheric deposition, to eutrophication of surface waters from agricultural effluent, and increasing concentrations of carbon dioxide (CO2) in the atmosphere. The National Ecological Observatory Network (NEON) will contribute to understanding human effects on biogeochemical cycles from local to continental scales. The broad NEON biogeochemistry measurement design focuses on measuring atmospheric deposition of reactive mineral compounds and CO2 fluxes, ecosystem carbon (C) and nutrient stocks, and surface water chemistry across 20 eco‐climatic domains within the United States for 30 yr. Herein, we present the rationale and plan for the ground‐based measurements of C and nutrients in soils and plants based on overarching or “high‐level” requirements agreed upon by the National Science Foundation and NEON. The resulting design incorporates early recommendations by expert review teams, as well as recent input from the larger natural sciences community that went into the formation and interpretation of the requirements, respectively. NEON\u27s efforts will focus on a suite of data streams that will enable end‐users to study and predict changes to biogeochemical cycling and transfers within and across air, land, and water systems at regional to continental scales. At each NEON site, there will be an initial, one‐time effort to survey soil properties to 1 m (including soil texture, bulk density, pH, baseline chemistry) and vegetation community structure and diversity. A sampling program will follow, focused on capturing long‐term trends in soil C, nitrogen (N), and sulfur stocks, isotopic composition (of C and N), soil N transformation rates, phosphorus pools, and plant tissue chemistry and isotopic composition (of C and N). To this end, NEON will conduct extensive measurements of soils and plants within stratified random plots distributed across each site. The resulting data will be a new resource for members of the scientific community interested in addressing questions about long‐term changes in continental‐scale biogeochemical cycles, and is predicted to inspire further process‐based research

Advantages and Disadvantages of Traditional Abaca, Genetically Modified Abaca, and Cross Hybrid Abaca

Abaca (Musa Textilis Née), also known as Manila hemp, is a plant native to the Philippines, which expanded through different parts of Asia. It is a biodegradable and sustainable source of fiber known for its high quality. Due to viruses, poor government support, and lack of fundings, the abaca fiber industry is encountering obstacles in keeping up with the global demands. Over time, researchers developed new abaca types such as crossbred abaca and genetically modified abaca to solve these problems, but these have their own deficiencies as well. The purpose of the study was to identify, assess, and elaborate on the advantages and disadvantages of each of the abaca types. This was accomplished through the evaluation of literature and the collection of data in interviews. The study was a systematic review focusing on meta-synthesis, with information derived from previously published research or related literature and information from experts in the field. It was determined that traditional abaca is vastly preferred over genetically modified abaca and cross hybrid abaca, due to a number of reasons, including lack of research and economic viability. Traditional abaca was found to be more sustainable overall. It was recommended that traditional abaca should be promoted more to spread awareness, and that farmers should be educated regarding the proper process of caring for abaca plants. Stigma regarding cross hybrid and genetically modified abaca should be addressed as well

Revisiting the hyperdominance of Neotropical tree species under a taxonomic, functional and evolutionary perspective

Recent studies have leveraged large datasets from plot-inventory networks to report a phenomenon of hyperdominance in Amazonian tree communities, concluding that few species are common and many are rare. However, taxonomic hypotheses may not be consistent across these large plot networks, potentially masking cryptic diversity and threatened rare taxa. In the current study, we have reviewed one of the most abundant putatively hyperdominant taxa, Protium heptaphyllum (Aubl.) Marchand (Burseraceae), long considered to be a taxonomically difficult species complex. Using morphological, genomic, and functional data, we present evidence that P. heptaphyllum sensu lato may represent eight separately evolving lineages, each warranting species status. Most of these lineages are geographically restricted, and few if any of them could be considered hyperdominant on their own. In addition, functional trait data are consistent with the hypothesis that trees from each lineage are adapted to distinct soil and climate conditions. Moreover, some of the newly discovered species are rare, with habitats currently experiencing rapid deforestation. We highlight an urgent need to improve sampling and methods for species discovery in order to avoid oversimplified assumptions regarding diversity and rarity in the tropics and the implications for ecosystem functioning and conservation

Modal Q Factor and Modal Overlap of Electrically Small Avionics Box

Estimating the electromagnetic field strength in avionics boxes and other small enclosures at the design stage requires an estimate of the Q factor of the cavity modes. When the enclosure is small, it is typically under-moded so that Q measurement techniques which are standard practice in over-moded reverberation chambers may not be a robust measure. Furthermore, practical antenna used to measure Q in a small cavity may have a strong influence on the result obtained, as reported by Tait et al, IEEE Trans. EMC 55 2 2012. This paper reports the results of testing to determine the Q factor of a small aperture enclosure, used in a statistical power balance model to predict the electric field strength. The contributors to the total Q are identified. A novel S(sub 11) curve fitting method to measure modal Q is introduced and compared with the time domain method for measuring Q

Incidence and Outcomes of Acute Implant Extrusion Following Anterior Cervical Spine Surgery.

STUDY DESIGN: Multi-institutional retrospective case series of 8887 patients who underwent anterior cervical spine surgery. OBJECTIVE: Anterior decompression from discectomy or corpectomy is not without risk. Surgical morbidity ranges from 9% to 20% and is likely underreported. Little is known of the incidence and effects of rare complications on functional outcomes following anterior spinal surgery. In this retrospective review, we examined implant extrusions (IEs) following anterior cervical fusion. METHODS: A retrospective multicenter case series study involving 21 high-volume surgical centers from the AOSpine North America Clinical Research Network. Medical records for 17 625 patients who received cervical spine surgery (levels from C2 to C7) between January 1, 2005, and December 31, 2011, were reviewed to identify occurrence of 21 predefined treatment complications. RESULTS: Following anterior cervical fusion, the incidence of IE ranged from 0.0% to 0.8% across 21 institutions with 11 cases reported. All surgeries involved multiple levels, and 7/11 (64%) involved either multilevel corpectomies or hybrid constructs with at least one adjacent discectomy to a corpectomy. In 7/11 (64%) patients, constructs ended with reconstruction or stabilization at C7. Nine patients required surgery for repair and stabilization following IE. Average length of hospital stay after IE was 5.2 days. Only 2 (18%) had residual deficits after reoperation. CONCLUSIONS: IE is a very rare complication after anterior cervical spine surgery often requiring revision. Constructs requiring multilevel reconstruction, especially at the cervicothoracic junction, have a higher risk for failure, and surgeons should proceed with caution in using an anterior-only approach in these demanding cases. Surgeons can expect most patients to regain function after reoperation

Spatial variation of hydroclimate in north-eastern North America during the last millennium

Climatic expressions of the Medieval Climate Anomaly (MCA) and the Little Ice Age (LIA) vary regionally, with reconstructions often depicting complex spatial patterns of temperature and precipitation change. The characterisation of these spatial patterns helps advance understanding of hydroclimate variability and associated responses of human and natural systems to climate change. Many regions, including north-eastern North America, still lack well-resolved records of past hydrological change. Here, we reconstruct hydroclimatic change over the past millennium using testate amoeba-inferred peatland water table depth reconstructions obtained from fifteen peatlands across Maine, Nova Scotia, Newfoundland and Québec. Spatial comparisons of reconstructed water table depths reveal complex hydroclimatic patterns that varied over the last millennium. The records suggest a spatially divergent pattern across the region during the Medieval Climate Anomaly and the Little Ice Age. Southern peatlands were wetter during the Medieval Climate Anomaly, whilst northern and more continental sites were drier. There is no evidence at the multi-decadal sampling resolution of this study to indicate that Medieval mega-droughts recorded in the west and continental interior of North America extended to these peatlands in the north-east of the continent. Reconstructed Little Ice Age hydroclimate change was spatially variable rather than displaying a clear directional shift or latitudinal trends, which may relate to local temporary permafrost aggradation in northern sites, and reconstructed characteristics of some dry periods during the Little Ice Age are comparable with those reconstructed during the Medieval Climate Anomaly. The spatial hydroclimatic trends identified here suggest that over the last millennium, peatland moisture balance in north-eastern North America has been influenced by changes in the Polar Jet Stream, storm activities and sea surface temperatures in the North Atlantic as well as internal peatland dynamics