A RISK PROGRAMMING APPROACH TO DESIGNING CONTRACTS TO REDUCE NITRATE LEACHING

As contractual agriculture expands, contract design offers a non-regulatory opportunity to reduce non-point source pollution. A risk programming analysis of seed corn contract designs illustrates a tractable empirical principal-agent model, and shows that grower risk preferences affect contract acceptability and efficiency at reducing nitrate leaching.Environmental Economics and Policy, Risk and Uncertainty,

The potential impact of explicit Basel II operational risk capital charges on the competitive environment of processing banks in the United States

Basel II replaces Basel I’s implicit capital charge on operational risk with an explicit charge. Certain U.S. banks concentrated in processing-related business lines – which have significant operational risk – could thus face an increase in overall minimum regulatory capital requirements. Some have argued that, as a result, these so-called “processing banks” would be disadvantaged vis-à-vis competitors not subject to regulatory capital requirements for operational risk. This paper evaluates these concerns.Bank capital ; Risk management ; Basel capital accord

Do Poor Students Benefit from China’s Merger Program? Transfer Path and Educational Performance.

Aiming to provide better education facilities and improve the educational attainment of poor rural students, China’s government has been merging remote rural primary schools to centralized village, town, or county schools since the late 1990s. To accompany the policy, boarding facilities have been constructed that allow (mandate) primary school-aged children to live at school rather than at home. More generally, there also have been efforts to improve rural schools, especially those in counties and towns. Unfortunately, little empirical work has been available to evaluate the impact of the new merger and investment programs on the educational performance of students. Drawing on a unique dataset that records both the path by which students navigate their primary school years (i.e., which different types of schools did students attend) as well as math test scores in three poverty-stricken counties, we use descriptive statistics and multivariate analysis (both OLS and covariate matching) to analyze the relationship between different transfer paths and student educational performance. This allows us to examine the costs and benefits of the school merger and investment programs. The results of the analysis show that students who attend county schools perform systematically better than those attend village or town schools. However, completing primary school in town schools seems to have no effect on students’ academic performance. Surprisingly, starting primary education in a teaching point does not hurt rural students; on the contrary, it increases their test scores in some cases. Finally, in terms of the boarding effect, the neutral estimate in OLS and the negative estimate in covariate matching results confirm that boarding at school does not help the students; in some cases it may even reduce their academic performance.

AGRICULTURAL PRODUCTION CONTRACTS TO REDUCE NITRATE LEACHING: A WHOLE-FARM ANALYSIS

Ten alternative seed corn contract specifications are evaluated with respect to nitrate leaching and profitability for the processor firm (principal) and contracted grower (agent). A whole-farm optimization and feasibility analysis suggest that contract terms can be used to reduce non-point source pollution.Crop Production/Industries,

A Micropulse eye-safe all-fiber molecular backscatter coherent temperature lidar

In this paper, we analyze the performance of an all-fiber, micropulse, 1.5 μm coherent lidar for remote sensing of atmospheric temperature. The proposed system benefits from the recent advances in optics/electronics technology, especially an all-fiber image-reject homodyne receiver, where a high resolution spectrum in the baseband can be acquired. Due to the presence of a structured spectra resulting from the spontaneous Rayleigh-Brillouine scattering, associated with the relevant operating regimes, an accurate estimation of the temperature can be carried out. One of the main advantages of this system is the removal of the contaminating Mie backscatter signal by electronic filters at the baseband (before signal conditioning and amplification). The paper presents the basic concepts as well as a Monte-Carlo system simulation as the proof of concept

Observation of Temperature-Induced Crossover to an Orbital-Selective Mott Phase in Ax_{x}Fe2−y_{2-y}Se2_2 (A=K, Rb) Superconductors

In this work, we study the A$_{x}$Fe$_{2-y}$Se$_2$ (A=K, Rb) superconductors using angle-resolved photoemission spectroscopy. In the low temperature state, we observe an orbital-dependent renormalization for the bands near the Fermi level in which the dxy bands are heavily renormliazed compared to the dxz/dyz bands. Upon increasing temperature to above 150K, the system evolves into a state in which the dxy bands have diminished spectral weight while the dxz/dyz bands remain metallic. Combined with theoretical calculations, our observations can be consistently understood as a temperature induced crossover from a metallic state at low temperature to an orbital-selective Mott phase (OSMP) at high temperatures. Furthermore, the fact that the superconducting state of A$_{x}$Fe$_{2-y}$Se$_2$ is near the boundary of such an OSMP constraints the system to have sufficiently strong on-site Coulomb interactions and Hund's coupling, and hence highlight the non-trivial role of electron correlation in this family of iron superconductors

Suppression of eukaryotic initiation factor 4E prevents chemotherapy-induced alopecia

BACKGROUND: Chemotherapy-induced hair loss (alopecia) (CIA) is one of the most feared side effects of chemotherapy among cancer patients. There is currently no pharmacological approach to minimize CIA, although one strategy that has been proposed involves protecting normal cells from chemotherapy by transiently inducing cell cycle arrest. Proof-of-concept for this approach, known as cyclotherapy, has been demonstrated in cell culture settings. METHODS: The eukaryotic initiation factor (eIF) 4E is a cap binding protein that stimulates ribosome recruitment to mRNA templates during the initiation phase of translation. Suppression of eIF4E is known to induce cell cycle arrest. Using a novel inducible and reversible transgenic mouse model that enables RNAi-mediated suppression of eIF4E in vivo, we assessed the consequences of temporal eIF4E suppression on CIA. RESULTS: Our results demonstrate that transient inhibition of eIF4E protects against cyclophosphamide-induced alopecia at the organismal level. At the cellular level, this protection is associated with an accumulation of cells in G1, reduced apoptotic indices, and was phenocopied using small molecule inhibitors targeting the process of translation initiation. CONCLUSIONS: Our data provide a rationale for exploring suppression of translation initiation as an approach to prevent or minimize cyclophosphamide-induced alopecia.1U01 CA168409 - NCI NIH HHS; P01 CA 87497 - NCI NIH HHS; P30 CA008748 - NCI NIH HHS; MOP-106530 - Canadian Institutes of Health Research; P01 CA013106 - NCI NIH HH

Three-Dimensional Structure of the Central Region of NGC7027: A Quest for Trails of High-Velocity Jets

We report on the results of a radio interferometric observation of NGC7027 in the CO J=2-1 and 13CO J=2-1 lines. The results are analyzed with morpho-kinematic models developed from the software tool Shape. Our goal is to reveal the morpho-kinematic properties of the central region of the nebula, and to explore the nature of unseen high-velocity jets that may have created the characteristic structure of the central region consisting of molecular and ionized components. A simple ellipsoidal shell model explains the intensity distribution around the systemic velocity, but the high velocity features deviate from the ellipsoidal model. Through the Shape automatic reconstruction model, we found a possible trail of a jet only in one direction, but no other possible holes were created by the passage of a jet.Comment: 26 pages, 13 figures; accepted for publication in AJ; Full resolution version available at http://web.hku.hk/~junichi/paper

Examining the Efficacy of Inquiry-based Approaches to Education

Educational jurisdictions around the world have introduced curricular initiatives that emphasize the need for students to engage in inquiry-based education. This shift, has been met by significant public opposition, particularly in the Canadian context. Results from this study indicate that criticisms of inquiry-based approaches to education are largely directed at discovery learning, which has limited educational value. We note the significant affordances of guided forms of inquiry, such as problem-based learning, and approaches to inquiry aligned with the authentic education movement. Additionally, we highlight the specific instructional supports needed for processes of inquiry to promote elements, such as critical thinking skills and flexible problem solving abilities, necessary for success in a rapidly changing world

Quantum oscillations in the parent pnictide BaFe2_2As2_2 : itinerant electrons in the reconstructed state

We report quantum oscillation measurements that enable the direct observation of the Fermi surface of the low temperature ground state of \ba122. From these measurements we characterize the low energy excitations, revealing that the Fermi surface is reconstructed in the antiferromagnetic state, but leaving itinerant electrons in its wake. The present measurements are consistent with a conventional band folding picture of the antiferromagnetic ground state, placing important limits on the topology and size of the Fermi surface.Comment: 5 pages, 3 figure