681 research outputs found
Contentious Contracts
This paper offers an explanation of rationally incomplete contracts where incompleteness refers to unforeseen contingencies. Agents enter a relationship with two-sided moral hazard in which a commitment to discard parts of the joint resources may be ex ante efficient. This happens through costly legal dispute which arises when contract terms are missing for the undesirable outcomes. We show that an optimal contract needs only to specify the obligation for the more litigious party to assure a certain output level - the threshold between foreseen and unforeseen contingencies - and a linear sharing rule for the foreseen contingencies. If litigation reveals some information about the e¤ort levels of the agents, less costly dispute is typically needed and the allocation will improve.incomplete contracts;unforeseen contingencies;burning money;team production;contract law
Grains charges in interstellar clouds
The charge of cosmic grains could play an important role in many astrophysical phenomena. It probably has an influence on the coagulation of grains and more generally on grain-grain collisions, and on interaction between charged particles and grains which could lead to the formation of large grains or large molecules. The electrostatic charge of grains depends mainly on the nature of constitutive material of the grain and on the physical properties of its environment: it results from a delicate balance between the plasma particle collection and the photoelectron emission, both of them depending on each other. The charge of the grain is obtained in two steps: (1) using the numerical model the characteristics of the environment of the grain are computed; (2) the charge of a grain which is embedded in this environment is determined. The profile of the equilibrium charge of some typical grains through different types of interstellar clouds is obtained as a function of the depth of the cloud. It is shown that the grain charge can reach high values not only in hot diffuse clouds, but also in clouds with higher densities. The results are very sensitive to the mean UV interstellar radiation field. Three parameters appear to be essential but with different levels of sensitivity of the charge: the gas density, the temperature, and the total thickness of the cloud
Converting sporting capacity to entrepreneurial capacity: A process perspective
Managing a personal sporting career and conducting an entrepreneurial initiative are two vitally connected processes. Most athletes require a second career and many engage in entrepreneurship. Research on the similarities and differences of the sports career management process and entrepreneurial process with a special emphasis on the necessary capacities will have a ready audience among practitioners. This study begins the task of closing a surprising gap. In entrepreneurship literature, there is (1) growing research on entrepreneurial process and entrepreneurial capacity as the key driver; (2) strong work in generic, descriptive and explanatory modelling of process as a whole and capacity as a sub-process; and (3) the presence of a generic model of entrepreneurial process based of what distinguishes entrepreneurial capacity from other human capacities. In sports management literature, these research strands are virtually absent. The study indicates how the deficiency might be remedied
Self-gravitating clouds of generalized Chaplygin and modified anti-Chaplygin Gases
The Chaplygin gas has been proposed as a possible dark energy, dark matter
candidate. As a working fluid in a Friedmann-Robertson-Walker universe, it
exhibits early behavior reminiscent of dark matter, but at later times is more
akin to a cosmological constant. In any such universe, however, one can expect
local perturbations to form. Here we obtain the general equations for a
self-gravitating relativistic Chaplygin gas. We solve these equations and
obtain the mass-radius relationship for such structures, showing that only in
the phantom regime is the mass-radius relationship large enough to be a serious
candidate for highly compact massive objects at the galaxy core. In addition,
we study the cosmology of a modified anti-Chaplygin gas. A self-gravitating
cloud of this matter is an exact solution to Einstein's equations.Comment: 16 page
Potential Variations in the Interstellar N I Abundance
We present Far Ultraviolet Spectroscopic Explorer (FUSE) and Space Telescope
Imaging Spectrograph observations of the weak interstellar N I doublet at 1160
Angstroms toward 17 high-density sight lines [N(Htot)>=10^21 cm^-2]. When
combined with published data, our results reveal variations in the fractional N
I abundance showing a systematic deficiency at large N(Htot). At the FUSE
resolution (~20 km s^-1), the effects of unresolved saturation cannot be
conclusively ruled out, although O I at 1356 Angstroms shows little evidence of
saturation. We investigated the possibility that the N I variability is due to
the formation of N_2 in our mostly dense regions. The 0-0 band of the c'_4
^1Sigma^+_u - X ^1Sigma^+_g transition of N_2 at 958 Angstroms should be easily
detected in our FUSE data; for 10 of the denser sight lines, N_2 is not
observed at a sensitivity level of a few times 10^14 cm^-2. The observed N I
variations are suggestive of an incomplete understanding of nitrogen chemistry.
Based on observations made with the NASA-CNES-CSA Far Ultraviolet
Spectroscopic Explorer, which is operated for NASA by the Johns Hopkins
University under NASA contract NAS 5-32985, and the NASA/ESA Hubble Space
Telescope, obtained from the Multimission Archive at the Space Telescope
Science Institute, which is operated by the Association of Universities for
Research in Astronomy, Inc., under the NASA contract NAS 5-26555.Comment: 12 pages, 3 figures, accepted for publication in ApJ Letter
CH 3 GHz Observations of Molecular Clouds Along the Galactic Plane
Spectra in the CH , J=1/2, F=1-1 transition at 3335 MHz were
obtained in three 5-point crosses centered on the Galactic plane at
50\arcdeg, 100\arcdeg, and 110\arcdeg. The lines of sight traverse both
Giant Molecular Clouds (GMCs) and local, smaller entities. This transition is a
good tracer of low-density molecular gas and the line profiles are very similar
to CO(1-0) data at nearly the same resolution. In addition, the CH 3335 MHz
line can be used to calibrate the CO-H conversion factor (X) in
low-density molecular gas. Although this technique underestimates X
in GMCs, our results are within a factor of two of X values
calibrated for GMCs by other techniques. The similarity of CH and CO line
profiles, and that of X values derived from CH and more traditional
techniques, implies that most of the molecular gas along the observed lines of
sight is at relatively low densities ( 10 cm).Comment: 26 pages, 12 figures, submitted to the AJ, revised after referee
repor
Multi--Pressure Polytropes as Models for the Structure and Stability of Molecular Clouds. I. Theory
Molecular clouds are supported by thermal pressure, magnetic pressure, and
turbulent pressure. Each of these can be modeled with a polytropic equation of
state, so that overall the total pressure is the sum of the individual
components. We model the turbulent pressure as being due to a superposition of
Alfven waves. The theory of polytropes is generalized to allow for the flow of
entropy in response to a perturbation, as expected for the entropy associated
with wave pressure. The equation of state of molecular clouds is "soft", so
that the properties of the clouds are generally governed by the conditions at
the surface. In general, the polytropes are not isentropic, and this permits
large density and pressure drops to occur between the center and the edge of
the polytropes, as is observed.Comment: Submitted to ApJ with 10 figure
CH 3 GHz Observations of the Galactic Center
A 3 3 map of the Galactic Center was made at 9\arcmin resolution
and 10\arcmin spacing in the CH , J=1/2, F=1-1 transition at
3335 MHz. The CH emission shows a velocity extent that is nearly that of the
CO(1-0) line, but the CH line profiles differ markedly from the CO. The 3335
MHz CH transition primarily traces low-density molecular gas and our
observations indicate that the mass of this component within 30 pc of
the Galactic Center is 9 10 M. The CO-H
conversion factor obtained for the low-density gas in the mapped region is
greater than that thought to apply to the dense molecular gas at the Galactic
Center. In addition to tracing the low-density molecular gas at the Galactic
Center, the CH spectra show evidence of emission from molecular clouds along
the line of sight both in the foreground and background. The scale height of
these clouds ranges from 27 - 109 pc, consistent with previous work based on
observations of molecular clouds in the inner Galaxy.Comment: 29 pages, 12 figure
CN and HCN in Dense Interstellar Clouds
We present a theoretical investigation of CN and HCN molecule formation in
dense interstellar clouds. We study the gas-phase CN and HCN production
efficiencies from the outer photon-dominated regions (PDRs) into the opaque
cosmic-ray dominated cores. We calculate the equilibrium densities of CN and
HCN, and of the associated species C+, C, and CO, as functions of the
far-ultraviolet (FUV) optical depth. We consider isothermal gas at 50 K, with
hydrogen particle densities from 10^2 to 10^6 cm^-3. We study clouds that are
exposed to FUV fields with intensities 20 to 2*10^5 times the mean interstellar
FUV intensity. We assume cosmic-ray H2 ionization rates ranging from 5*10^-17
s^-1, to an enhanced value of 5*10^-16 s^-1. We also examine the sensitivity of
the density profiles to the gas-phase sulfur abundance.Comment: Accepted for publication in ApJ, 33 pages, 8 figure
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