Simple control device senses solar position

The amount of solar radiation incident on a specially prepared bimetallic strip is simply and reliably controlled by a light valve. This device is valuable for systems requiring temperature regulation

Developed Speculation and Under Developed Markets - The Role of Futures Trading on Export Prices in Less Developed Countries

This paper examines the relationship between New York coffee futures and cash export prices in Guatemala and Honduras . Cointegration tests suggest that the futures market is serving its price discovery function, and provides a vehicle by which to manage the domestic price risk in export countries. However, further analysis finds that as the percent of speculative open interest increases in the coffee futures market, price volatility increases. This suggests that cash market price risk in exporting countries may actually increase as a result of futures trading activity in developed country futures exchanges.

PRICE DISCOVERY IN THE FUTURES AND CASH MARKET FOR SUGAR

Pricing function using world sugar futures (WSF) has received limited research interest. Findings indicate that WSF and cash prices for the Dominican Republic appears cointegrated with changing relationships. Previous work suggests that futures markets price the cheapest quality of commodities deliverable on contracts. Cointegration results are consistent with this argument.Marketing,

Nelson v. State, 319 So. 2d 154 (Fla. 2d Dist. Ct. App. 1975)

Constitutional Law- SEARCH AND SEIZURE- SCHOOL OFFICIALS\u27 AUTHORITY TO SEARCH STUDENTS IS AUGMENTED BY THE In Loco Parentis DOCTRINE

Best Practices for Evaluating Flight Deck Interfaces for Transport Category Aircraft with Particular Relevance to Issues of Attention, Awareness, and Understanding CAST SE-210 Output 2 Report 6 of 6

Attention, awareness, and understanding of the flight crew are a critical contributor to safety and the flight deck plays a critical role in supporting these cognitive functions. Changes to the flight deck need to be evaluated for whether the changed device provides adequate support for these functions. This report describes a set of diverse evaluation methods. The report recommends designing the interface-evaluation to span the phases of the device development, from early to late, and it provides methods appropriate at each phase. It describes the various ways in which an interface or interface component can fail to support awareness as potential issues to be assessed in evaluation. It summarizes appropriate methods to evaluate different issues concerning inadequate support for these functions, throughout the phases of development

Attitude control for spacecraft Patent

Attitude control system for spacecraft based on conversion of incident solar radiation on movable control surfaces into mechanical torque

Fractal extra dimension in Kaluza-Klein theory

Kaluza-Klein theory in which the geometry of an additional dimension is fractal has been considered. In such a theory the mass of an elementary electric charge appears to be many orders of magnitude smaller than the Planck mass, and the "tower" of masses which correspond to higher integer charges becomes aperiodic.Comment: 3 pages, accepted for publication in Phys.Rev.D (submitted on 3.28.2001

Some solutions of linearized 5-d gravity with brane

We consider linearized 5-d gravity in the Randall-Sundrum brane world. The class of static solutions for linearized Einstein equations is found. Also we obtaine wave solutions describing radiation from an imaginary point source located at the Planck distance from the brane. We analyze the fields asymptotic behavior and peculiarities of matter sources.Comment: Latex, 8 page

Funding and Asset Allocation in Corporate Pension Plans: An Empirical Investigation

This paper contrasts and empirically tests two different views of corporate pension policy: the traditional view that pension funds are managed without regard to either corporate financial policy or the interests of the corporation and its shareholders, and the corporate financial perspective represented by the recent theoretical work of Black (1980), Sharpe (1916),Tepper (1981), and Treynor (1971), which stresses the potential effects of a firm's financial condition on its pension funding and asset allocation decisions. We find several pieces of evidence supporting the corporate financial perspective. First, we find that there is a significant inverse relationship between firms' profitability and the discount rates they choose tor eport their pension liabilities. In view of this we adjust all reported pension liabilities to a common discount rate assumption. We then find a significant positive relationship between firm profitability and the degree ofpension funding, as is consistent with the corporate financial perspective. We also find some evidence that firms facing higher risk and lower tax liabilities are less inclined to fully fund their pension plans. On the asset allocation question, we find that the distribution of plan assets invested in bonds is bi-modal, but that it does not tend to cluster around extreme portfolio configurations to the extent predicted by the corporate financial perspective. We also find that the percentage of plan assets invested in bonds in negatively related to both total size of plan and the proportion of unfunded liabilities.The latter relationship shows up particularly among the riskiest firms and is consistent with the corporate financial perspective on pension decisions.