Comparing the performance of baseball players : a multiple output approach

This article extends ideas from the economics literature on multiple output production and efficiency to develop methods for comparing baseball players that take into account the many dimensions to batting performance. A key part of this approach is the output aggregator. The weights in this output aggregator can be selected a priori (as is done with batting or slugging averages) or can be estimated statistically based on the performance of the best players in baseball. Once the output aggregator is obtained, an individual player can then be measured relative to the best, and a number between 0 and 1 characterizes his performance as a fraction of the best. The methods are applied to hitters using data from 1995-1999 on all regular players in baseball's major leagues

Pareto versus lognormal: a maximum entropy test

It is commonly found that distributions that seem to be lognormal over a broad range change to a power-law (Pareto) distribution for the last few percentiles. The distributions of many physical, natural, and social events (earthquake size, species abundance, income and wealth, as well as file, city, and firm sizes) display this structure. We present a test for the occurrence of power-law tails in statistical distributions based on maximum entropy. This methodology allows one to identify the true data-generating processes even in the case when it is neither lognormal nor Pareto. The maximum entropy approach is then compared with other widely used methods and applied to different levels of aggregation of complex systems. Our results provide support for the theory that distributions with lognormal body and Pareto tail can be generated as mixtures of lognormally distributed units

The Role of Bile in the Regulation of Exocrine Pancreatic Secretion

As early as 1926 Mellanby (1) was able to show that introduction of bile into the duodenum of anesthetized cats produces a copious flow of pancreatic juice. In conscious dogs, Ivy & Lueth (2) reported, bile is only a weak stimulant of pancreatic secretion. Diversion of bile from the duodenum, however, did not influence pancreatic volume secretion stimulated by a meal (3,4). Moreover, Thomas & Crider (5) observed that bile not only failed to stimulate the secretion of pancreatic juice but also abolished the pancreatic response to intraduodenally administered peptone or soap

Re-examining the consumption-wealth relationship : the role of model uncertainty

This paper discusses the consumption-wealth relationship. Following the recent influential workof Lettau and Ludvigson [e.g. Lettau and Ludvigson (2001), (2004)], we use data on consumption, assets andlabor income and a vector error correction framework. Key …ndings of their work are that consumption doesrespond to permanent changes in wealth in the expected manner, but that most changes in wealth are transitoryand have no e¤ect on consumption. We investigate the robustness of these results to model uncertainty andargue for the use of Bayesian model averaging. We …nd that there is model uncertainty with regards to thenumber of cointegrating vectors, the form of deterministic components, lag length and whether the cointegratingresiduals a¤ect consumption and income directly. Whether this uncertainty has important empirical implicationsdepends on the researcher's attitude towards the economic theory used by Lettau and Ludvigson. If we workwith their model, our findings are very similar to theirs. However, if we work with a broader set of models andlet the data speak, we obtain somewhat di¤erent results. In the latter case, we …nd that the exact magnitudeof the role of permanent shocks is hard to estimate precisely. Thus, although some support exists for the viewthat their role is small, we cannot rule out the possibility that they have a substantive role to play

Salt marsh ecosystem biogeochemical responses to nutrient enrichment : a paired 15N tracer study

Author Posting. © Ecological Society of America, 2009. This article is posted here by permission of Ecological Society of America for personal use, not for redistribution. The definitive version was published in Ecology 90 (2009): 2535-2546, doi:10.1890/08-1051.1.We compared processing and fate of dissolved NO3− in two New England salt marsh ecosystems, one receiving natural flood tide concentrations of 1–4 μmol NO3−/L and the other receiving experimentally fertilized flood tides containing 70–100 μmol NO3−/L. We conducted simultaneous 15NO3− (isotope) tracer additions from 23 to 28 July 2005 in the reference (8.4 ha) and fertilized (12.4 ha) systems to compare N dynamics and fate. Two full tidal cycles were intensively studied during the paired tracer additions. Resulting mass balances showed that essentially 100% (0.48–0.61 mol NO3-N·ha−1·h−1) of incoming NO3− was assimilated, dissimilated, sorbed, or sedimented (processed) within a few hours in the reference system when NO3− concentrations were 1.3–1.8 μmol/L. In contrast, only 50–60% of incoming NO3− was processed in the fertilized system when NO3− concentrations were 84–96 μmol/L; the remainder was exported in ebb tidewater. Gross NO3− processing was 40 times higher in the fertilized system at 19.34–24.67 mol NO3-N·ha−1·h−1. Dissimilatory nitrate reduction to ammonium was evident in both systems during the first 48 h of the tracer additions but <1% of incoming 15NO3− was exported as 15NH4+. Nitrification rates calculated by 15NO3− dilution were 6.05 and 4.46 mol·ha−1·h−1 in the fertilized system but could not be accurately calculated in the reference system due to rapid (<4 h) NO3− turnover. Over the five-day paired tracer addition, sediments sequestered a small fraction of incoming NO3−, although the efficiency of sequestration was 3.8% in the reference system and 0.7% in the fertilized system. Gross sediment N sequestration rates were similar at 13.5 and 12.6 mol·ha−1·d−1, respectively. Macrophyte NO3− uptake efficiency, based on tracer incorporation in aboveground tissues, was considerably higher in the reference system (16.8%) than the fertilized system (2.6%), although bulk uptake of NO3− by plants was lower in the reference system (1.75 mol NO3−·ha−1·d−1) than the fertilized system (10 mol NO3−·ha−1·d−1). Nitrogen processing efficiency decreased with NO3− load in all pools, suggesting that the nutrient processing capacity of the marsh ecosystem was exceeded in the fertilized marsh.This work was funded by National Science Foundation Grant DEB 0213767 and OCE 9726921

Protic NHC Iridium Complexes with beta-H Reactivity-Synthesis, Acetonitrile Insertion, and Oxidative Self-Activation

Protic NHC iridium complexes, obtained from the corresponding azido-phenylene-isocyanide precursor complexes, were investigated for ligand-based reactivity. Under redox-neutral conditions, acetonitrile inserts into the N-H bonds to provide kappa(2)-NHC-imidoyl ligand-based complexes, while under reductive conditions the complex also expels one N-H proton to provide the corresponding deprotonated analogues. Using zinc as a reductor activates the NHC-iridium complex to form an asymmetric bimetallic iridium hydrido complex, in which two anionic N-deprotonated NHCs bridge the bimetallic core. X-ray crystal structures are reported for the azido-phenylene-isocyanide precursor complex, the protic NHC complex, and the asymmetric bimetallic iridium hydride complex. Density functional computations and a QTAIM analysis of the bimetallic iridium hydrido complex are provided.Peer reviewe