Lessons from the crisis

A lot happened even before the perceived beginning of this crisis in 2007, so although the events are recent, I will give an overview from a US perspective of the period from 2001 to date, in our search for the lessons to be learned. Much of it is probably familiar, but worth revisiting. I will break this necessarily simplified account into 3 stages: first, a look at the key factors that led to the increasing riskiness of US home mortgages; second, how those risks were transmitted as securities from US housing lenders to institutional investors around the globe; and third, how those risks led to huge losses and created a credit crunch that moved the impact from the financial economy to the real economy and produced a severe recession. Then we will have a factual foundation for deriving the lessons that ought to be taken away from this very expensive experience

Prediction of deviations from the Rutherford formula for low-energy Coulomb scattering of wavepackets

We calculate the nonrelativistic scattering of a wavepacket from a Coulomb potential and find deviations from the Rutherford formula in all cases. These generally occur only at low scattering angles, where they would be obscured by the part of the incident beam that emerges essentially unscattered. For a model experiment, the scattering of helium nuclei from a thin gold foil, we find the deviation region is magnified for low incident energies (in the keV range), so that a large shadow zone of low probability around the forward direction is expected to be measurable. From a theoretical perspective, the use of wavepackets makes partial wave analysis applicable to this infinite-range potential. It allows us to calculate the everywhere finite probability for a wavepacket to wavepacket transition and to relate this to the differential cross section. Time delays and advancements in the detection probabilities can be calculated. We investigate the optical theorem as applied to this special case.Comment: 21 pages, 8 figures. This version contains clarifications and additional results compared to the previous version. The paper has been accepted for publication in J.Phys.

Arkansas Bulletin of Water Research - Issue 2018

The Arkansas Bulletin of Water Research is a publication of the Arkansas Water Resources Center (AWRC). This bulletin is produced in an effort to share water research relevant to Arkansas water stakeholders in an easily searchable and aesthetically engaging way. This is the second publication of the bulletin and will be published annually. The submission of a paper to this bulletin is appropriate for topics at all related to water resources, by anyone conducting water research or investigations. This includes but is not limited to university researchers, consulting firms, watershed groups, and other agencies. Prospective authors should read the “Introduction to the Arkanasas Bulletin of Water Research” contained within this publication and should refer to the AWRC website for additional infromation. https://arkansas-water-center.uark.edu

Constituent Loads and Trends in the Upper Illinois River Watershed and Upper White River Basin: 2015 October through 2018 September

The Arkansas Natural Resources Commission (ANRC) identified two priority hydrologic unit code (HUC) 8 watersheds, the Upper White River Basin (UWRB; HUC 11010001) and the Upper Illinois River Watershed (UIRW; 11110103), in northwest Arkansas. Nonpoint source (NPS) pollution is a concern in these watersheds, such as excess nutrients from agriculture and sediment from changes in land uses. Several NPS pollution projects have been funded by ANRC, including streambank restoration on Sager Creek and best management practices (BMP) to control urban sediment in Fayetteville. The purpose of this project was to collect water samples at 15 sites in the UWRB and UIRW to estimate constituent loads and understand how water quality has been changing in these priority watersheds over time