7,667 research outputs found

    Market regulation and firm performance: the case of smoking bans in the UK

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    This paper analyzes the effects of a ban on smoking in public places upon firms and consumers. It presents a theoretical model and tests its predictions using unique data from before and after the introduction of smoking bans in the UK. Cigarette smoke is a public bad, and smokers and non-smokers differ in their valuation of smoke-free amenities. Consumer heterogeneity implies that the market equilibrium may result in too much uniformity, whereas social optimality requires a mix of smoking and non-smoking pubs (which can be operationalized via licensing). If the market equilibrium has almost all pubs permitting smoking (as is the case in the data) then a blanket ban reduces pub sales, profits, and consumer welfare. We collect survey data from public houses and find that the Scottish smoking ban (introduced in March 2006) reduced pub sales and harmed medium run profitability. An event study analysis of the stock market performance of pub-holding companies corroborates the negative effects of the smoking ban on firm performance

    Understanding contextualised rational action - author's response

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    Understanding contextualised rational action - author's respons

    Holomorphic Bisectional Curvatures, Supersymmetry Breaking, and Affleck-Dine Baryogenesis

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    Working in D=4,N=1D=4, N=1 supergravity, we utilize relations between holomorphic sectional and bisectional curvatures of Kahler manifolds to constrain Affleck-Dine baryogenesis. We show the following No-Go result: Affleck-Dine baryogenesis cannot be performed if the holomorphic sectional curvature at the origin is isotropic in tangent space; as a special case, this rules out spaces of constant holomorphic sectional curvature (defined in the above sense) and in particular maximally symmetric coset spaces. We also investigate scenarios where inflationary supersymmetry breaking is identified with the supersymmetry breaking responsible for mass splitting in the visible sector, using conditions of sequestering to constrain manifolds where inflation can be performed.Comment: 9 page

    Transverse Mass Distribution Characteristics of π0\pi^0 Production in 208^{208}Pb-induced Reactions and the Combinational Approach

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    The nature of invariant cross-sections and multiplicities in some 208Pb^{208}Pb-induced reactions and some important ratio-behaviours of the invariant multiplicities for various centralities of the collision will here be dealt with in the light of a combinational approach which has been built up in the recent past by the present authors. Next, the results would be compared with the outcome of some of the simulation-based standard models for multiple production in nuclear collisions at high energies. Finally, the implications of all this would be discussed.Comment: 14 pages, 14 figures, a few changes have been made in the tex

    Multiflow Transmission in Delay Constrained Cooperative Wireless Networks

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    This paper considers the problem of energy-efficient transmission in multi-flow multihop cooperative wireless networks. Although the performance gains of cooperative approaches are well known, the combinatorial nature of these schemes makes it difficult to design efficient polynomial-time algorithms for joint routing, scheduling and power control. This becomes more so when there is more than one flow in the network. It has been conjectured by many authors, in the literature, that the multiflow problem in cooperative networks is an NP-hard problem. In this paper, we formulate the problem, as a combinatorial optimization problem, for a general setting of kk-flows, and formally prove that the problem is not only NP-hard but it is o(n1/7ϵ)o(n^{1/7-\epsilon}) inapproxmiable. To our knowledge*, these results provide the first such inapproxmiablity proof in the context of multiflow cooperative wireless networks. We further prove that for a special case of k = 1 the solution is a simple path, and devise a polynomial time algorithm for jointly optimizing routing, scheduling and power control. We then use this algorithm to establish analytical upper and lower bounds for the optimal performance for the general case of kk flows. Furthermore, we propose a polynomial time heuristic for calculating the solution for the general case and evaluate the performance of this heuristic under different channel conditions and against the analytical upper and lower bounds.Comment: 9 pages, 5 figure

    Descartes' rule of signs and the identifiability of population demographic models from genomic variation data

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    The sample frequency spectrum (SFS) is a widely-used summary statistic of genomic variation in a sample of homologous DNA sequences. It provides a highly efficient dimensional reduction of large-scale population genomic data and its mathematical dependence on the underlying population demography is well understood, thus enabling the development of efficient inference algorithms. However, it has been recently shown that very different population demographies can actually generate the same SFS for arbitrarily large sample sizes. Although in principle this nonidentifiability issue poses a thorny challenge to statistical inference, the population size functions involved in the counterexamples are arguably not so biologically realistic. Here, we revisit this problem and examine the identifiability of demographic models under the restriction that the population sizes are piecewise-defined where each piece belongs to some family of biologically-motivated functions. Under this assumption, we prove that the expected SFS of a sample uniquely determines the underlying demographic model, provided that the sample is sufficiently large. We obtain a general bound on the sample size sufficient for identifiability; the bound depends on the number of pieces in the demographic model and also on the type of population size function in each piece. In the cases of piecewise-constant, piecewise-exponential and piecewise-generalized-exponential models, which are often assumed in population genomic inferences, we provide explicit formulas for the bounds as simple functions of the number of pieces. Lastly, we obtain analogous results for the "folded" SFS, which is often used when there is ambiguity as to which allelic type is ancestral. Our results are proved using a generalization of Descartes' rule of signs for polynomials to the Laplace transform of piecewise continuous functions.Comment: Published in at http://dx.doi.org/10.1214/14-AOS1264 the Annals of Statistics (http://www.imstat.org/aos/) by the Institute of Mathematical Statistics (http://www.imstat.org

    Geometry of the sample frequency spectrum and the perils of demographic inference

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    The sample frequency spectrum (SFS), which describes the distribution of mutant alleles in a sample of DNA sequences, is a widely used summary statistic in population genetics. The expected SFS has a strong dependence on the historical population demography and this property is exploited by popular statistical methods to infer complex demographic histories from DNA sequence data. Most, if not all, of these inference methods exhibit pathological behavior, however. Specifically, they often display runaway behavior in optimization, where the inferred population sizes and epoch durations can degenerate to 0 or diverge to infinity, and show undesirable sensitivity of the inferred demography to perturbations in the data. The goal of this paper is to provide theoretical insights into why such problems arise. To this end, we characterize the geometry of the expected SFS for piecewise-constant demographic histories and use our results to show that the aforementioned pathological behavior of popular inference methods is intrinsic to the geometry of the expected SFS. We provide explicit descriptions and visualizations for a toy model with sample size 4, and generalize our intuition to arbitrary sample sizes n using tools from convex and algebraic geometry. We also develop a universal characterization result which shows that the expected SFS of a sample of size n under an arbitrary population history can be recapitulated by a piecewise-constant demography with only k(n) epochs, where k(n) is between n/2 and 2n-1. The set of expected SFS for piecewise-constant demographies with fewer than k(n) epochs is open and non-convex, which causes the above phenomena for inference from data.Comment: 21 pages, 5 figure
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