7,929 research outputs found

    An investigation of corner separation within a thrust augmenter having Coanda jets

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    The development of separation in corners of thrust augmentor wings having Coanda jets was investigated using hot film surface sensors and pressure transducers. Separation on the test augmentor began at a corner very close to the augmentor exit and then rapidly proceeded upstream. Measurements of the pressure fields in the corner region indicated that a modified form of the Stratford criterion could be used to predict the onset of separation. Testing was conducted over a range of nozzle pressure ratios, aspect ratios, diffuser angles, and designs of the boundary layer and Coanda nozzles

    Regret Aversion and False Reference Points in Residential Real Estate

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    This study empirically exams the combination of regret aversion and false reference points in a residential real estate context. Survey respondents were put in a hypothetical situation, where they had purchased an investment property several years ago. Hindsight knowledge about a foregone all time high was introduced. As hypothesized, respondents on average expressed higher regret if they had actively failed to sell at the all time high (commission scenario) than if they had simply been unaware of the potential gain (omission scenario). Women were found to be more susceptible to regret aversion and false reference points than men.

    Fermion Determinants: Some Recent Analytic Results

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    The use of known analytic results for the continuum fermion determinants in QCD and QED as benchmarks for zero lattice spacing extrapolations of lattice fermion determinants is proposed. Specifically, they can be used as a check on the universality hypothesis relating the continuum limits of the na\"{\i}ve, staggered and Wilson fermion determinants.Comment: 8th Workshop on Non-Perturbative QCD, 7-11 June 2004, Pari

    Capital Structure and Political Risk in Asia-Pacific Real Estate Markets

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    This study investigates the determinants of capital structure decisions by real estate firms, with a specific focus on the impact of political risk on leverage. Using a sample of Asia-Pacific REITs and listed property trusts, we find those firms with properties located in countries characterized by relatively high degrees of political risk, such as political instability, and/or greater uncertainty in the ability to repatriate and monetize profits from international investment activities, employ less debt than their counterparts operating in more politically stable environments. This core finding remains robust to alternative sample selection criteria including the division of the sample into high versus low market-to-book value firms, and also holds within the subset of organizations that are active in raising additional capital in the secondary markets

    Advisor Choice in Asia-Pacific Property Markets

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    This paper examines advisor choice decisions by publicly traded REITs and listed property companies in Asia-Pacific real estate markets. Using a sample of 168 firms, we find robust evidence that firms strategically evaluate and compare the increased agency costs associated with external advisement against the potential benefits associated with collocating decision rights with location specific soft information. Our empirical results reveal real estate companies tend to hire external advisors when they invest in countries: 1) that are more economically and politically unstable, 2) whose legal system is based on civil law, 3) where the level of corruption is perceived to be high, and 4) when disclosure is relatively poor. Additionally, we find the probability of retaining an external advisor is directly related to the expected agency costs. Lastly, we find evidence of return premiums in excess of 13 % for firms whose organizational structure matches their investment profile. As such, we conclude that the decision to hire an external advisor represents a value relevant trade-off between the costs and benefits of this organizational arrangement

    Effects of substrate and ambient gas on epitaxial growth indium oxide thin films

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    Indium oxide thin films were grown by pulsed electron beam deposition method at 500 °C on c-cut sapphire and (0 0 1) oriented LaAlO3 single crystal substrates in oxygen or argon gas. The effects of ambient gas and substrate symmetry on the growth of indium oxide thin films were studied. Stoichiometric In2O3 films are formed in oxygen, while oxygen deficient In2O2.5 films are grown in argon, with In metallic nanoclusters embedded in a In2O3 matrix (nanocomposite films). In both cases, epitaxial In2O3 films having the bixbyite phase were grown with various orientation relationships, depending upon the substrate symmetry and gas ambient (oxygen or argon). Domain matching epitaxy was used to describe the precise in-plane epitaxial film-substrate relationships. The differences in film texture were correlated to the differences in growth conditions, while the differences in the film properties were correlated to the film oxygen composition

    Comment on `Hawking radiation from fluctuating black holes'

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    Takahashi & Soda (2010 Class. Quantum Grav. v27 p175008, arXiv:1005.0286) have recently considered the effect (at lowest non-trivial order) of dynamical, quantized gravitational fluctuations on the spectrum of scalar Hawking radiation from a collapsing Schwarzschild black hole. However, due to an unfortunate choice of gauge, the dominant (even divergent) contribution to the coefficient of the spectrum correction that they identify is a pure gauge artifact. I summarize the logic of their calculation, comment on the divergences encountered in its course and comment on how they could be eliminated, and thus the calculation be completed.Comment: 12 pages, 1 fig; feynmp, amsref
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