8,530 research outputs found
Results for the LISA Phase Measurement System Project
This article presents some of the more topical results of a study into the
LISA phase measurement system. This system is responsible for measuring the
phase of the heterodyne signal caused by the interference of the laser beams
between the local and far spacecraft. Interactions with the LISA systems that
surround the phase measurement system imply additional non-trivial requirements
on the phase measurement system.Comment: 8 pages, 3 figures, in LaTeX2e using iopart. Expanded and clarified
text from 1st versio
The Costs of Conflict Resolution and Financial Distress: Evidence from the Texaco-Pennzoil Litigation
This paper uses data on the abnormal returns earned by the shareholders of Texaco and Pennzoil to examine whether resources were "lost" in the course of the litigation. We find that the leakage involved in the forced transfer is enormous: each dollar of value lost by Texaco's shareholders has been matched by only about 30 cents gain to the owners of Pennzoil. Our estimates suggest that the Texaco-Pennzoil conflict has reduced the combined equity value of the two companies by about $2 billion. Further losses have been suffered by Texaco's bondholders, though these may be offset by the tax collections that would result if Texaco made a large payment to Pennzoil.
Intraday credit: risk, value, and pricing
An abstract for this article is not availableElectronic funds transfers ; Payment systems ; Overdrafts
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