179 research outputs found

    Determinants and implications of fee changes in the hedge fund industry

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    We examine the determinants and consequences of changes in hedge fund fee structures. We show that fee changes are asymmetric with much greater incidence of fee increases compared to fee decreases. We find that managers of younger and smaller funds are more likely to increase fees after good performance. Investors view the fee increases following good performance as a signal of managerial ability only to be disappointed by their worse future performance. Taken together, these findings are consistent with opportunistic behavior of emerging fund managers in expropriating surplus from their investors. --

    On the origin of magnetoresistance in Sr2_2FeMoO6_6

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    We report detailed magnetization (MM) and magnetoresistance (MRMR) studies on a series of Sr2_2FeMoO6_6 samples with independent control on anti-site defect and grain boundary densities. These results, exhibiting a switching-like behavior of MRMR with MM, establish that the MRMR is controlled by the magnetic polarization of grain boundary regions, rather than of the grains within a resonant tunnelling mechanism.Comment: 4 pages, 4 figure

    Common Fixed Point Theorems on Complete and Weak GG-Complete Fuzzy Metric Spaces

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    Motivated by Gopal and Vetro [Iranian Journal of Fuzzy Systems, 11(3), 95-107], we introduce a symmetric pair of β\beta-admissible mappings and obtain common fixed point theorems for such a pair in complete and weak GG-complete fuzzy metric spaces. In particular, we rectified, generalize and improve the common fixed point theorem obtained by Turkoglu and Sangurlu [Journal of Intelligent & Fuzzy Systems, 26(1), 137-142] for two fuzzy ψ\psi-contractive mappings. We include non-trivial examples to exhibit the generality and demonstrate our results.Comment: 19 page

    The ‘Effeminate’ Buddha, the Yogic Male Body, and the Ecologies of Art History in Colonial India

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    © Association of Art Historians 2015. Internalizing colonial accusations of the effeminacy of the native male body, nineteenth-century Indian ideologues and reformers attempted to redeem the national body through a range of phallocentric body cultures. Anti-colonial art history, however, deliberately appropriated colonizing discourses of the effeminate native body to epistemologically challenge the hegemonic hyper-masculinity advocated by both the regulatory mechanisms of the British empire and a larger nationalist body culture in colonial India. The ingenious invention of a discursive intimacy between yoga and an aesthetics of demasculinization led to the strategic resignification of the male body in early Indian sculpture as both a sign and the site of an imagined national life. Through a close analysis of art writing and photography, art pedagogy and colonial archaeology, visual practices and sartorial cultures, the essay delineates the fin-de-siècle politics and aesthetics of demasculinization that had led to the establishment of anti-colonial Indian art historys disciplinary and methodological concerns
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