Perceived Risk, Product Returns, and Optimal Resource Allocation: Evidence from a Field Experiment

Relatively few retailers include metrics such as product returns in their customer selection and optimal resource allocation algorithms when measuring and maximizing customer value. Even when they do include this metric, increases in product return behavior are usually considered merely an economic cost that must be managed by decreasing the marketing resource allocations toward the customers making the returns. However, recent research has suggested that satisfactory product return experiences can actually benefit firms by lowering the customer’s perceived risk of current and future purchases. To better understand the role of this perceived risk in the firm–customer exchange process, the authors conduct a large-scale customer selection and optimal resource allocation field experiment with 26,000 customers from an online retailer over six months. They find that the firm is able to increase both its short and long-term profits when accounting for the perceived risk related to product returns in addition to managing product return costs. Furthermore, the authors find that by including this risk, rather than simply implementing traditional customer lifetime value–based models generically, the firm can target more profitable customers

On the distribution of career longevity and the evolution of home run prowess in professional baseball

Statistical analysis is a major aspect of baseball, from player averages to historical benchmarks and records. Much of baseball fanfare is based around players exceeding the norm, some in a single game and others over a long career. Career statistics serve as a metric for classifying players and establishing their historical legacy. However, the concept of records and benchmarks assumes that the level of competition in baseball is stationary in time. Here we show that power-law probability density functions, a hallmark of many complex systems that are driven by competition, govern career longevity in baseball. We also find similar power laws in the density functions of all major performance metrics for pitchers and batters. The use of performance-enhancing drugs has a dark history, emerging as a problem for both amateur and professional sports. We find statistical evidence consistent with performance-enhancing drugs in the analysis of home runs hit by players in the last 25 years. This is corroborated by the findings of the Mitchell Report [1], a two-year investigation into the use of illegal steroids in major league baseball, which recently revealed that over 5 percent of major league baseball players tested positive for performance-enhancing drugs in an anonymous 2003 survey.Comment: 5 pages, 5 figures, 2-column revtex4 format. Revision has change of title, a figure added, and minor changes in response to referee comment

Isoperimetric Inequalities for Minimal Submanifolds in Riemannian Manifolds: A Counterexample in Higher Codimension

For compact Riemannian manifolds with convex boundary, B.White proved the following alternative: Either there is an isoperimetric inequality for minimal hypersurfaces or there exists a closed minimal hypersurface, possibly with a small singular set. There is the natural question if a similar result is true for submanifolds of higher codimension. Specifically, B.White asked if the non-existence of an isoperimetric inequality for k-varifolds implies the existence of a nonzero, stationary, integral k-varifold. We present examples showing that this is not true in codimension greater than two. The key step is the construction of a Riemannian metric on the closed four-dimensional ball B with the following properties: (1) B has strictly convex boundary. (2) There exists a complete nonconstant geodesic. (3) There does not exist a closed geodesic in B.Comment: 11 pages, We changed the title and added a section that exhibits the relation between our example and the question posed by Brian White concerning isoperimetric inequalities for minimal submanifold

Risk-based Surveillance of Antimicrobial Residues – Identification of Potential Risk Factors

Today in Denmark, residue surveillance is conducted at random. However, if the surveillance is targeted to high-risk finisher pig herds, then the number of samples can be reduced whereby resources can be saved without jeopardizing public health. An analysis of Danish data covering 2.5 years has shown that finisher pig herds with a very high prevalence of chronic pleuritis have a higher risk of residue findings in the surveillance programme. If this is incorporated into the own control, then cost savings of 25% can be obtained. However, as shown in the Danish data there are other reasons for the presence of residues such as miscommunication and insufficient marking of treated animals. Such cases should be prevented through information campaigns addressed to the farmers and their advisors

Particle production and equilibrium properties within a new hadron transport approach for heavy-ion collisions

The microscopic description of heavy-ion reactions at low beam energies is achieved within hadronic transport approaches. In this article a new approach SMASH (Simulating Many Accelerated Strongly-interacting Hadrons) is introduced and applied to study the production of non-strange particles in heavy-ion reactions at $E_{\rm kin}=0.4-2A$ GeV. First, the model is described including details about the collision criterion, the initial conditions and the resonance formation and decays. To validate the approach, equilibrium properties such as detailed balance are presented and the results are compared to experimental data for elementary cross sections. Finally results for pion and proton production in C+C and Au+Au collisions is confronted with HADES and FOPI data. Predictions for particle production in $\pi+A$ collisions are made.Comment: 30 pages, 30 figures, replaced with published version; only minor change

An Ultra-Stable Referenced Interrogation System in the Deep Ultraviolet for a Mercury Optical Lattice Clock

We have developed an ultra-stable source in the deep ultraviolet, suitable to fulfill the interrogation requirements of a future fully-operational lattice clock based on neutral mercury. At the core of the system is a Fabry-P\'erot cavity which is highly impervious to temperature and vibrational perturbations. The mirror substrate is made of fused silica in order to exploit the comparatively low thermal noise limits associated with this material. By stabilizing the frequency of a 1062.6 nm Yb-doped fiber laser to the cavity, and including an additional link to LNE-SYRTE's fountain primary frequency standards via an optical frequency comb, we produce a signal which is both stable at the 1E-15 level in fractional terms and referenced to primary frequency standards. The signal is subsequently amplified and frequency-doubled twice to produce several milliwatts of interrogation signal at 265.6 nm in the deep ultraviolet.Comment: 7 pages, 6 figure

Sliding mode control of quantum systems

This paper proposes a new robust control method for quantum systems with uncertainties involving sliding mode control (SMC). Sliding mode control is a widely used approach in classical control theory and industrial applications. We show that SMC is also a useful method for robust control of quantum systems. In this paper, we define two specific classes of sliding modes (i.e., eigenstates and state subspaces) and propose two novel methods combining unitary control and periodic projective measurements for the design of quantum sliding mode control systems. Two examples including a two-level system and a three-level system are presented to demonstrate the proposed SMC method. One of main features of the proposed method is that the designed control laws can guarantee desired control performance in the presence of uncertainties in the system Hamiltonian. This sliding mode control approach provides a useful control theoretic tool for robust quantum information processing with uncertainties.Comment: 18 pages, 4 figure

Variable Stars in the Unusual, Metal-Rich Globular Cluster NGC 6388

We have undertaken a search for variable stars in the metal-rich globular cluster NGC 6388 using time-series BV photometry. Twenty-eight new variables were found in this survey, increasing the total number of variables found near NGC 6388 to ~57. A significant number of the variables are RR Lyrae (~14), most of which are probable cluster members. The periods of the fundamental mode RR Lyrae are shown to be unusually long compared to metal-rich field stars. The existence of these long period RRab stars suggests that the horizontal branch of NGC 6388 is unusually bright. This implies that the metallicity-luminosity relationship for RR Lyrae stars is not universal if the RR Lyrae in NGC 6388 are indeed metal-rich. We consider the alternative possibility that the stars in NGC 6388 may span a range in [Fe/H]. Four candidate Population II Cepheids were also found. If they are members of the cluster, NGC 6388 would be the most metal-rich globular cluster to contain Population II Cepheids. The mean V magnitude of the RR Lyrae is found to be 16.85+/-0.05 resulting in a distance of 9.0 to 10.3 kpc, for a range of assumed values of for RR Lyrae. We determine the reddening of the cluster to be E(B-V)=0.40+/-0.03 mag, with differential reddening across the face of the cluster. We discuss the difficulty in determining the Oosterhoff classification of NGC 6388 and NGC 6441 due to the unusual nature of their RR Lyrae, and address evolutionary constraints on a recent suggestion that they are of Oosterhoff type II.Comment: 35 pages, 16 figures, emulateapj5/apjfonts style. Astronomical Journal, in press. We recommend the interested reader to download instead the preprint with full-resolution figures, which can be found at http://www.noao.edu/noao/staff/pritzl/clusters.htm

Strong spin-orbit splitting on Bi surfaces

Using first-principles calculations and angle-resolved photoemission, we show that the spin-orbit interaction leads to a strong splitting of the surface state bands on low-index surfaces of Bi. The dispersion of the states and the corresponding Fermi surfaces are profoundly modified in the whole surface Brillouin zone. We discuss the implications of these findings with respect to a proposed surface charge density wave on Bi(111) as well as to the surface screening, surface spin-density waves, electron (hole) dynamics in surface states, and to possible applications to the spintronics.Comment: 4 pages 2 figure

Specific probes efficiently distinguish root-knot nematode species using signature sequences in the ribosomal intergenic spacer

Ont été établies des sondes moléculaires - destinées à identifier les espèces de #Meloidogyne - grâce à des différences spécifiques dans l'espaceur intergénique (IGS) de l'ADN ribosomal. Les séquences de nucléotides de l'IGS ont été obtenues en séquençant l'ADN amplifiée par PCR. L'alignement des séquences de l'IGS de #M. chitwoodi et #M. fallax a révélé plusieurs régions contenant des différences localisées. Des amorces PCR ont été synthétisées qui ont donné des produits d'amplification spécifiques lorsqu'utilisées avec des produits d'amorce non spécifiques, ont pu être séparés par leur taille dans un gel d'agarose, procurant ainsi un test fiable et précis ne nécessitant pas de restriction enzymatique. L'amplification de l'ADN d'un nématode juvénile ou d'un oeuf par PCR multiplex a permis d'identifier #M. chitwoodi et #M. fallax et de les séparer de #M. hapla, #M. javanica, #M. arenaria et #M. mayaguensis$. (Résumé d'auteur