Studies related to primitive chemistry. A proton and nitrogen-14 nuclear magnetic resonance amino acid and nucleic acid constituents and a and their possible relation to prebiotic

Preliminary proton nuclear magnetic resonance (NMR) studies were made to determine the applicability of this technique for the study of interactions between monomeric and polymeric amino acids with monomeric nucleic acid bases and nucleotides. Proton NMR results for aqueous solutions (D2O) demonstrated interactions between the bases cytosine and adenine and acidic and aromatic amino acids. Solutions of 5'-AMP admixed with amino acids exhibited more complex behavior but stacking between aromatic rings and destacking at high amino acids concentration was evident. The multisite nature of 5'-AMP was pointed out. Chemical shift changes for adenine and 5'-AMP with three water soluble polypeptides demonstrated that significant interactions exist. It was found that the linewidth-pH profile of each amino acid is unique. It is concluded that NMR techniques can give significant and quantitative data on the association of amino acid and nucleic acid constituents

Noise-induced volatility of collective dynamics

"Noise-induced volatility" refers to a phenomenon of increased level of fluctuations in the collective dynamics of bistable units in the presence of a rapidly varying external signal, and intermediate noise levels. The archetypical signature of this phenomenon is that --beyond the increase in the level of fluctuations-- the response of the system becomes uncorrelated with the external driving force, making it different from stochastic resonance. Numerical simulations and an analytical theory of a stochastic dynamical version of the Ising model on regular and random networks demonstrate the ubiquity and robustness of this phenomenon, which is argued to be a possible cause of excess volatility in financial markets, of enhanced effective temperatures in a variety of out-of-equilibrium systems and of strong selective responses of immune systems of complex biological organisms. Extensive numerical simulations are compared with a mean-field theory for different network topologies

Optical microsphere resonators: optimal coupling to high-Q whispering gallery modes

A general model is presented for coupling of high-$Q$ whispering-gallery modes in optical microsphere resonators with coupler devices possessing discrete and continuous spectrum of propagating modes. By contrast to conventional high-Q optical cavities, in microspheres independence of high intrinsic quality-factor and controllable parameters of coupling via evanescent field offer variety of regimes earlier available in RF devices. The theory is applied to the earlier-reported data on different types of couplers to microsphere resonators and complemented by experimental demonstration of enhanced coupling efficiency (about 80%) and variable loading regimes with Q>10^8 fused silica microspheres.Comment: 14 pages, 4 figure

Regional Patterns in the Otolith Chemistry of Juvenile Spotted Seatrout (\u3ci\u3eCynoscion nebulosus\u3c/i\u3e) Differ Under Contrasting Hydrological Regimes

The value of using otolith chemistry to characterize recruitment in terms of natal source regions depends on how consistently spatio-temporal variation can be resolved. The objective of this study was to compare regional classification patterns in the otolith chemistry of juvenile Spotted Seatrout (Cynoscion nebulosus) between two years experiencing disparate hydrological regimes, and separated by a five year interlude. Spatial patterns in the whole-otolith chemistry of juveniles of this estuarine-dependent species were compared between years using five otolith elements and two stable isotopes. Consistent size-related trends in uptake and deposition were evidenced by parallel ontogenetic relationships for six otolith variables. Nine natal regions were discerned equally well in both years; and region accounted for similar overall amounts of variation in the seven otolith variables in both years. However, the otolith variables did not distinguish the nine regions in the same manner in both years, and natal regions varied in how similar they were in otolith chemistry between years. Consequently, between-year cross-classification accuracy varied widely among regions, and geographic distance per se was unimportant for explaining regional patterns in otolith chemistry. Salinity correlated significantly with regional patterns in otolith chemistry in 2001, but not at all in 2006 when conditions were much drier. Regional patterns in individual otolith variables reflected either a general trend based on hydrology, a regional-local effect whereby geographically closer regions exhibited similar otolith chemistry, or a location-specific effect for which there was either no correlation in otolith concentration among regions between years, or a significant but individualistic relationship. In addition to elucidating limitations of using otolith chemistry to identify natal source regions or for tracking fish movements, knowing more about how and why otolith chemistry varies could be used to address specific questions about early recruitment dynamics, or to aid in the development of more reliable instruments for discerning natal source contributions

Stochastic resonance in a suspension of magnetic dipoles under shear flow

We show that a magnetic dipole in a shear flow under the action of an oscillating magnetic field displays stochastic resonance in the linear response regime. To this end, we compute the classical quantifiers of stochastic resonance, i.e. the signal to noise ratio, the escape time distribution, and the mean first passage time. We also discuss limitations and role of the linear response theory in its applications to the theory of stochastic resonance.Comment: 17 pages, 5 figures, approved for publication in PR

Variability in the Bulk Composition and Abundance of Dissolved Organic Matter In the Lower Mississippi and Pearl Rivers

[1] In this study, we examined the temporal and spatial variability of dissolved organic matter (DOM) abundance and composition in the lower Mississippi and Pearl rivers and effects of human and natural influences. In particular, we looked at bulk C/N ratio, stable isotopes (delta N-15 and delta C-13) and C-13 nuclear magnetic resonance (NMR) spectrometry of high molecular weight (HMW; 0.2 mu m to 1 kDa) DOM. Monthly water samples were collected at one station in each river from August 2001 to 2003. Surveys of spatial variability of total dissolved organic carbon (DOC) and nitrogen ( DON) were also conducted in June 2003, from 390 km downstream in the Mississippi River and from Jackson to Stennis Space Center in the Pearl River. Higher DOC ( 336 - 1170 mu M), C/N ratio,% aromaticity, and more depleted delta N-15 (0.76 - 2.1 parts per thousand) were observed in the Pearl than in the lower Mississippi River (223 - 380 mu M, 4.7 - 11.5 parts per thousand, respectively). DOC, C/N ratio, delta C-13, delta N-15, and % aromaticity of Pearl River HMW DOM were correlated with water discharge, which indicated a coupling between local soil inputs and regional precipitation events. Conversely, seasonal variability in the lower Mississippi River was more controlled by spatial variability of a larger integrative signal from the watershed as well as in situ DOM processing. Spatially, very little change occurred in total DOC in the downstream survey of the lower Mississippi River, compared to a decrease of 24% in the Pearl River. Differences in DOM between these two rivers were reflective of the Mississippi River having more extensive river processing of terrestrial DOM, more phytoplankton inputs, and greater anthropogenic perturbation than the Pearl River

The long-term price-earnings ratio

price-earnings ratio;value premium;arbitrage trading rule;UK stock returns;contrarian investment Abstract:  The price-earnings effect has been thoroughly documented and is the subject of numerous academic studies. However, in existing research it has almost exclusively been calculated on the basis of the previous year's earnings. We show that the power of the effect has until now been seriously underestimated due to taking too short-term a view of earnings. Looking at all UK companies since 1975, using the traditional P/E ratio we find the difference in average annual returns between the value and glamour deciles to be 6%. This is similar to other authors' findings. We are able to almost double the value premium by calculating the P/E ratio using earnings averaged over the previous eight years

Constituting monetary conservatives via the 'savings habit': New Labour and the British housing market bubble

The ongoing world credit crunch might well kill off the most recent bubble dynamics in the British housing market by driving prices systematically downwards from their 2007 peak. Nonetheless, the experience of that bubble still warrants analytical attention. The Labour Government might not have been responsible for consciously creating it, but it has certainly grasped the opportunities the bubble has provided in an attempt to enforce a process of agential change at the heart of the British economy. The key issue in this respect is the way in which the Government has challenged the legitimacy of passive welfare receipts in favour of establishing a welfare system based on incorporating the individual into an active asset-holding society. The housing market has taken on new political significance as a means for individuals first to acquire assets and then to accumulate wealth on the back of asset ownership. The ensuing integration of the housing market into an increasingly reconfigured welfare system has permeated into the politics of everyday life. It has been consistent with individuals remaking their political subjectivities in line with preferences for the type of conservative monetary policies that typically keep house price bubbles inflated

A 30-year perspective on property derivatives: what can be done to tame property price risk?

The housing sector is the largest spot market in the world without a developed derivative contract to serve the risk management needs of market participants. This paper describes the evolution within a wider economic context of property derivatives in the United States and worldwide. We review various economic arguments presented in the literature to highlight the advantages of these financial instruments to society. The paper also provides a critical perspective on the principal obstacles hindering the development of property derivatives based on real estate prices—especially housing prices—and what can be done to overcome these difficulties. The issues discussed can serve as a guide for designing property derivatives capable of hedging real estate risk that has resurfaced time and time again in financial crises