Coincident brane nucleation and the neutralization of \Lambda

Nucleation of branes by a four-form field has recently been considered in string motivated scenarios for the neutralization of the cosmological constant. An interesting question in this context is whether the nucleation of stacks of coincident branes is possible, and if so, at what rate does it proceed. Feng et al. have suggested that, at high ambient de Sitter temperature, the rate may be strongly enhanced, due to large degeneracy factors associated with the number of light species living on the worldsheet. This might facilitate the quick relaxation from a large effective cosmological constant down to the observed value. Here, we analyse this possibility in some detail. In four dimensions, and after the moduli are stabilized, branes interact via repulsive long range forces. Because of that, the Coleman-de Luccia (CdL) instanton for coincident brane nucleation may not exist, unless there is some short range interaction which keeps the branes together. If the CdL instanton exists, we find that the degeneracy factor depends only mildly on the ambient de Sitter temperature, and does not switch off even in the case of tunneling from flat space. This would result in catastrophic decay of the present vacuum. If, on the contrary, the CdL instanton does not exist, coindident brane nucleation may still proceed through a "static" instanton, representing pair creation of critical bubbles -- a process somewhat analogous to thermal activation in flat space. In that case, the branes may stick together due to thermal symmetry restoration, and the pair creation rate depends exponentially on the ambient de Sitter temperature, switching off sharply as the temperature approaches zero. Such static instanton may be well suited for the "saltatory" relaxation scenario proposed by Feng et al.Comment: 38 pages, 6 figures. Replaced with typos correcte

Equilibrium mortgage choice and housing tenure decisions with refinancing

The last decade has brought about substantial mortgage innovation and increased refinancing. The objective of this paper is to understand the determinants and implications of mortgage choice in the context of a general equilibrium model with incomplete markets. The equilibrium characterization allows us to study the impact of mortgage financing decisions in the productive economy. We show the influence of different contract characteristics such as the down payment requirement, repayment structure, and the amortization schedule for mortgage choice. We find that loan products that allow for low or no down payment or an increasing repayment schedule increase the participation of young and lower-income households. We find evidence that the volume of housing transactions increases when the payment profile is increasing and households have little housing equity. In contrast, we show that loans that allow for a rapid accumulation of home equity can still have positive participation effects without increasing the volatility of the housing market. The model predicts that the expansion of mortgage contracts and refinancing improves risk sharing opportunities for homeowners, but the magnitude varies with each contract.

Solutions to the cosmological constant problems

We critically review several recent approaches to solving the two cosmological constant problems. The "old" problem is the discrepancy between the observed value of $\Lambda$ and the large values suggested by particle physics models. The second problem is the "time coincidence" between the epoch of galaxy formation $t_G$ and the epoch of $\Lambda$-domination t_\L. It is conceivable that the "old" problem can be resolved by fundamental physics alone, but we argue that in order to explain the "time coincidence" we must account for anthropic selection effects. Our main focus here is on the discrete-$\Lambda$ models in which $\Lambda$ can change through nucleation of branes. We consider the cosmology of this type of models in the context of inflation and discuss the observational constraints on the model parameters. The issue of multiple brane nucleation raised by Feng {\it et. al.} is discussed in some detail. We also review continuous-\L models in which the role of the cosmological constant is played by a slowly varying potential of a scalar field. We find that both continuous and discrete models can in principle solve both cosmological constant problems, although the required values of the parameters do not appear very natural. M-theory-motivated brane models, in which the brane tension is determined by the brane coupling to the four-form field, do not seem to be viable, except perhaps in a very tight corner of the parameter space. Finally, we point out that the time coincidence can also be explained in models where $\Lambda$ is fixed, but the primordial density contrast $Q=\delta\rho/\rho$ is treated as a random variable.Comment: 30 pages, 3 figures, two notes adde

Zero-th law in structural glasses: an example

We investigate the validity of a zeroth thermodynamic law for non-equilibrium systems. In order to describe the thermodynamics of the glassy systems, it has been introduced an extra parameter, the effective temperature which generalizes the fluctuation-dissipation theorem (FDT) to off-equilibrium systems and supposedly describes thermal fluctuations around the aging state. In particular we analyze two coupled systems of harmonic oscillators with Monte Carlo dynamics. We study in detail two types of dynamics: sequential dynamics, where the coupling between the subsystems comes only from the Hamiltonian; and parallel dynamics where there is another source of coupling: the dynamics. We show how in the first case the effective temperatures of the two interacting subsystems are different asymptotically due to the smallness of the thermal conductivity in the aging regime. This explains why, in structural glasses, different interacting degrees of freedom can stay at different effective temperatures, and never thermalize.Comment: 10 pages. Contribution to the Proceedings of the ESF SPHINX meeting `Glassy behaviour of kinetically constrained models' (Barcelona, March 22-25, 2001). To appear in a special issue of J. Phys. Cond. Mat

Braneworld Cosmological Perturbation Theory at Low Energy

Homogeneous cosmology in the braneworld can be studied without solving bulk equations of motion explicitly. The reason is simply because the symmetry of the spacetime restricts possible corrections in the 4-dimensional effective equations of motion. It would be great if we could analyze cosmological perturbations without solving the bulk. For this purpose, we combine the geometrical approach and the low energy gradient expansion method to derive the 4-dimensional effective action. Given our effective action, the standard procedure to obtain the cosmological perturbation theory can be utilized and the temperature anisotropy of the cosmic background radiation can be computed without solving the bulk equations of motion explicitly.Comment: 10 pages, Based on a talk presented at ACRGR4, the 4th Australasian Conference on General Relativity and Gravitation, Monash University, Melbourne, January 2004. To appear in the proceedings, in General Relativity and Gravitatio

Field theory models for variable cosmological constant

Anthropic solutions to the cosmological constant problem require seemingly unnatural scalar field potentials with a very small slope or domain walls (branes) with a very small coupling to a four-form field. Here we introduce a class of models in which the smallness of the corresponding parameters can be attributed to a spontaneously broken discrete symmetry. We also demonstrate the equivalence of scalar field and four-form models. Finally, we show how our models can be naturally embedded into a left-right extension of the standard model.Comment: A reference adde

Logarithmic Correction to Newton Potential in Randall-Sundrum Scenario

Using a fixed-energy amplitude in Randall-Sundrum single brane scenario, we compute the Newton potential on the brane. It is shown that the correction terms to the Newton potential involve a logarithmic factor. Especially, when the distance between two point masses are very small compared to $AdS$ radius, the contribution of KK spectrum becomes dominant compared to the usual inversely square law. This fact may be used to prove the existence of an extra dimension experimentally.Comment: 7 pages, 1 figur

Covariant perturbations of domain walls in curved spacetime

A manifestly covariant equation is derived to describe the perturbations in a domain wall on a given background spacetime. This generalizes recent work on domain walls in Minkowski space and introduces a framework for examining the stability of relativistic bubbles in curved spacetimes.Comment: 15 pages,ICN-UNAM-93-0

Gravity Waves from Instantons

We perform a first principles computation of the spectrum of gravity waves produced in open inflationary universes. The background spacetime is taken to be the continuation of an instanton saddle point of the Euclidean no boundary path integral. The two-point tensor correlator is computed directly from the path integral and is shown to be unique and well behaved in the infrared. We discuss the tensor contribution to the cosmic microwave background anisotropy and show how it may provide an observational discriminant between different types of primordial instantons.Comment: 19 pages, RevTex file, including two postscript figure file

Action of Singular Instantons of Hawking-Turok Type

Using Kaluza-Klein technique we show that the singularity of Hawking-Turok type has a fixed point (bolt) contribution to the action in addition to the usual boundary contribution. Interestingly by adding this contribution we can obtain a simple expression for the total action which is feasible for both regular and singular instantons. Our result casts doubt on the constraint proposed by Turok in the recent calculation in which Vilenkin's instantons are regarded as a limit of certain constrained instantons.Comment: 14 pages, LaTe