Some examples of the behaviour of conformal geodesics

With the aid of concrete examples, we consider the question of whether, in the presence of conformal curvature, a conformal geodesic can become trapped in smaller and smaller sets, or phrased informally: are spirals possible? We do not arrive at a definitive answer, but we are able to find situations where this behaviour is ruled out, including a reduction of the conformal-geodesic equations to quadratures in a specific non-conformally flat metric.Comment: 19 pages; to appear in Jour.Geom.Phy

Sometimes Close is Good Enough: The Value of Nearby Environmental Amenities

An extensive empirical literature exists showing that variations in region-specific amenities can account for persistent differences in real wages across regions. However, this literature has considered only amenities in the same location as the household. This paper argues that environmental amenities at some distance from but accessible to urban areas may lead to negative compensating wage differentials. We use a general equilibrium framework and data from the 1995 Current Population Survey to calculate implicit amenity prices based on measures of distance to environmental amenities. Our results suggest that amenities outside the metropolitan area do generate compensating wage differentials, as workers are willing to accept lower wages to live in accessible proximity to “nice” places. This implies that these places provide a positive externality to those communities that find them accessible. The estimated effects are quantitatively important, suggesting that these externalities should be taken into account in policy making.

Privacy and Curiosity in Mobile Interactions with Public Displays.

Personal multimedia devices like mobile phones create new needs for larger displays distributed at specific points in the environment to look up information about the current place, playing games or exchanging multimedia data. The technical prerequisites are covered; however, using public displays always exposing information. In this paper we look at these issues from the privacy as well as from the curiosity perspective with several studies showing and confirming users’ reservations against public interactions. Interactive advertisements can exploit this best using specific types of interaction techniques

Financial liberation and adjustment in Chile and New Zealand

The authors analyze macrodynamic adjustment during financial liberalization in Chile and New Zealand. During the adjustment to more open capital accounts in the late 1970s or mid-1980s, both countries experienced appreciation of the real exchange rate and a collapse of net exports, while domestic interest rates slowly converged to international levels. The authors develop and estimate a two-sector dynamic model using both current and time-varying parameters. They find the domestic interest rate to be more responsive to shocks under imperfect capital mobility, the real exchange rate more responsive under perfect capital mobility. In short, liberalization of the capital account does not eliminate volatility but rather shifts it from the domestic interest rate to the real exchange rate.Economic Theory&Research,Macroeconomic Management,Economic Stabilization,Environmental Economics&Policies,Banks&Banking Reform

A model for orientation effects in electron‐transfer reactions

A method for solving the single‐particle Schrödinger equation with an oblate spheroidal potential of finite depth is presented. The wave functions are then used to calculate the matrix element T_BA which appears in theories of nonadiabatic electron transfer. The results illustrate the effects of mutual orientation and separation of the two centers on TBA. Trends in these results are discussed in terms of geometrical and nodal structure effects. Analytical expressions related to T_BA for states of spherical wells are presented and used to analyze the nodal structure effects for T_BA for the spheroidal wells