Applying modern portfolio theory to the analysis of terrorism: computing the set of attack method combinations from which the rational terrorist group will choose in order to maximise injuries and fatalities

In this paper, terrorism is analysed using the tools of modern portfolio theory. This approach permits the analysis of the returns that a terrorist group can expect from their activities as well as the risk they face. The analysis sheds new light on the nature of the terrorist group’s (attack method) choice set and the efficiency properties of that set. If terrorist groups are, on average, more risk averse, the economist can expect the terrorist group to exhibit a bias towards bombing and armed attack. In addition, even the riskiest (from the terrorist group’s point of view) combinations of attack methods have maximum expected returns of less than 70 injuries and fatalities per attack per year

Why do we invest ethically?

Analysis in this paper has proposed three potential motives for ethical investment - financial returns, non-wealth returns and social change. The motives are developed from the literature and illustrated in the context of a 'best of sector' fund and a socially screened fund. We find that the proposed motives are neither exhaustive nor exclusive and one single motive will not explain the behaviour of all ethical investors. There may be a trade-off between financial and psychic returns for some investors. The trade-off for consumption-investors is expected to be close to zero (total utility is maximised with small levels of ethical investment in the fun of participation model) and is expected to vary with the ethical intensity of investment-investors, as shown when we include ethical intensity into the investor's utility function. Psychic return can also be viewed as an increase in happiness and this approach would lend itself to empirical testing to increase our understanding of why we invest ethically

Hall mobility enhancement caused by annealing of Si0.2Ge0.8/Si0.7Ge0.3/Si(001) p-type modulation-doped heterostructures

The effect of post-growth furnace thermal annealing (FTA) on the Hall mobility and sheet carrier density measured at 9–300 K in the Si0.2Ge0.8/Si0.7Ge0.3/Si(001) p-type modulation-doped heterostructures was studied. FTA treatments in the temperature range of 600–900 °C for 30 min were performed on similar heterostructures but with two Si0.2Ge0.8 channel thicknesses. The annealing at 600 °C is seen to have a negligible effect on the Hall mobility as well as on the sheet carrier density. Increases in the annealing temperature resulted in pronounced successive increases of the mobility. For both samples the maximum Hall mobility was observed after FTA at 750 °C. Further increases of the annealing temperature resulted in a decrease in mobility. The sheet carrier density showed the opposite behavior with an increase in annealing temperature. The mechanism causing this behavior is discussed. Structural characterization of as-grown and annealed samples was done by cross-sectional transmission electron microscopy

Terrorist choice: a stochastic dominance and prospect theory analysis

The paper explores terrorist choice by applying two well-known theoretical frameworks: stochastic dominance and prospect theory. We analyse each pair of attack methods that can be formed from the RAND-MIPT database and the Global Terrorism Database (GTD). Instances of stochastic dominance are identified. Prospect theory orderings are computed. Attention is accorded to the identification of 'trigger points' and the circumstances that may lead to an increased likelihood that a terrorist will select an attack method associated with a higher expected number of fatalities, i.e. a potentially more damaging attack method

Pop-out from abrupt visual onsets

We report a novel psychophysical paradigm that distinguishes the information present in abrupt stimulus onset from that in the following display. The task is to pick the one odd item from a set added to a pre-existing background of similar items. When all new items are added simultaneously, observers are impaired even at distinguishing one red item amongst several green ones. An asynchrony of about 40ms between target and distracter items restores performance, with evidence that it is cortical, rather than stimulus timing difference that is significant. The results are consistent with a role for neural synchrony in dynamic grouping

Issues on the molecular-beam epitaxial growth of p-SiGe inverted-modulation-doped structures

The influence of boron segregation and silicon cap-layer thickness on two-dimensional hole gases (2-DHGs) has been investigated in Si/Si0.8Ge0.2/Si inverted-modulation-doped heterostructures grown by solid-source molecular-beam epitaxy. Boron segregation, which is significant in structures with small spacer layers, can be suppressed by growth interruption after the boron doping. How growth interruption affected the electrical properties of the 2-DHG and the boron doping profile as measured by secondary ion mass spectroscopy are reported. We report also on the role played by the unpassivated silicon cap, and compare carrier transport at the normal and inverted interfaces

Higgs Bosons: Intermediate Mass Range at e+e- Colliders

We elaborate on the production of the Standard Model Higgs particle at high-energy $e^+e^-$ colliders through the reaction $e^+e^- \rightarrow ZH$. Particular emphasis is put on the intermediate mass range. In addition to the signal we discuss in detail the background processes. Angular distributions which are sensitive to the spin and parity of the Higgs particle are analyzed.Comment: Standard Latex. 15 pages. 11 figures available by fax or regular mail. MAD/PH/749, DESY 93-064, UdeM-LPN-TH-93-143, NUHEP-TH-93-1