144 research outputs found

    How Trade Splits Up Information Sets and Dealers Carry Out Their Brokerage of Asymmetric Information

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    In this paper we set forth a new perspective from which to understand and measure the brokerage of asymmetric information that intermediaries usually carry out. Firstly, we deal with partitions of a given set so as to lay grounds to our line of research. Secondly, we argue that trade splits up imperfect information sets, over which traders try to negotiate and profit, but also hide their opportunistic behavior from their counterparts. Next, the brokerage of asymmetric information is framed so as to stress the fact that any exchange is dual, entailing not only bargaining property rights but also information value. Lastly, we bring to light the linkage between differential rates, residual information sets and trading environments, which seems to be a functional toolkit for assessing how much asymmetric information is brokered eventually

    Glueballs, symmetry breaking and axionic strings in non-supersymmetric deformations of the Klebanov-Strassler background

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    We obtain an analytic solution for an axionic non-supersymmetric deformation of the warped deformed conifold. This allows us to study D-strings in the infrared limit of non-supersymmetric deformations of the Klebanov-Strassler background. They are interpreted as axionic strings in the dual field theory. Following the arguments of [hep-th/0405282], the axion is a massless pseudo-scalar glueball which is present in the supergravity fluctuation spectrum and it is interpreted as the Goldstone boson of the spontaneously broken U(1) baryon number symmetry, being the gauge theory on the baryonic branch. Besides, we briefly discuss about the Pando Zayas-Tseytlin solution where the SU(2) \times SU(2) global symmetry is spontaneously broken. This background has been conjectured to be on the mesonic branch of the gauge theory.Comment: 30 pages; V2: minor corrections; V3: section 3 corrected and misprints corrected to match version published in JHE

    Relic Backgrounds of Gravitational Waves from Cosmic Turbulence

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    Turbulence may have been produced in the early universe during several kind of non-equilibrium processes. Periods of cosmic turbulence may have left a detectable relic in the form of stochastic backgrounds of gravitational waves. In this paper we derive general expressions for the power spectrum of the expected signal. Extending previous works on the subject, we take into account the effects of a continuous energy injection power and of magnetic fields. Both effects lead to considerable deviations from the Kolmogorov turbulence spectrum. We applied our results to determine the spectrum of gravity waves which may have been produced by neutrino inhomogeneous diffusion and by a first order phase transition. We show that in both cases the expected signal may be in the sensitivity range of LISA.Comment: 25 pages, 1 figur

    On Exact Symmetries and Massless Vectors in Holographic Flows and other Flux Vacua

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    We analyze the isometries of Type IIB flux vacua based on the Papadopolous-Tseytlin ansatz and identify the related massless bulk vector fields. To this end we devise a general ansatz, valid in any flux compactification, for the fluctuations of the metric and p-forms that diagonalizes the coupled equations. We then illustrate the procedure in the simple case of holographic flows driven by the RR 3-form flux only. Specifically we study the fate of the isometries of the Maldacena-Nunez solution associated to wrapped D5-branes.Comment: 23 page

    Stable Non-Supersymmetric Supergravity Solutions from Deformations of the Maldacena-Nunez Background

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    We study a deformation of the type IIB Maldacena-Nunez background which arises as the near-horizon limit of NS5 branes wrapped on a two-cycle. This background is dual to a "little string theory" compactified on a two-sphere, a theory which at low energies includes four-dimensional N = 1 super Yang-Mills theory. The deformation we study corresponds to a mass term for some of the scalar fields in this theory, and it breaks supersymmetry completely. In the language of seven-dimensional SO(4) gauged supergravity the deformation involves (at leading order) giving a VEV, depending only on the radial coordinate, to a particular scalar field. We explicitly construct the corresponding solution at leading order in the deformation, both in seven-dimensional and in ten-dimensional supergravity, and we verify that it completely breaks supersymmetry. Since the original background had a mass gap and we are performing a small deformation, the deformed background is guaranteed to be stable even though it is not supersymmetric.Comment: 1+31 pages, one figure. v2: minor clarifications, refs adde

    A Clinical Approach to the Governance of Conflict-Systems

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    Whereas a clinical approach to organizations has a well-deserved predicament, narrowing down such viewpoint to governance issues in organizations shows that there has been, so far, an almost complete neglect of this field of enquiry, on which this paper intends to make a contribution. Firstly, the basics of the clinical approach will be expanded on, moving on next to conflicts of interests. Afterwards, we are going to feature organizations as conflict systems. Next, the clinical approach will be applied to conflicts of interests among stockholders, directors, managers, creditors, and other stakeholders, drawing up from this context of analysis consequential elements of diagnosis and treatment for distinctive ailments pervading the governance of organizations

    Strings on pp-waves and Hadrons in (softly broken) N=1 gauge theories

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    We study the Penrose limit of Type IIB duals of softly broken N=1 SU(N) gauge theories in four dimensions, obtained as deformations of the Maldacena-Nunez and Klebanov-Strassler backgrounds. We extract the string spectrum on the resulting pp-wave backgrounds and discuss some properties of the conjectured dual gauge theory hadrons, the so called "Annulons". The string zero-point energy on the light-cone is nontrivial, due to the loss of linearly realized worldsheet supersymmetry, and negative, even in the unbroken supersymmetric case. This causes the appearance of non-perturbative corrections to the hadronic mass spectrum. We briefly discuss the thermodynamic behavior of these string models, calculating the corresponding Hagedorn temperatures.Comment: 20 page
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