The emergence of environmental homeostasis in complex ecosystems

The Earth, with its core-driven magnetic field, convective mantle, mobile lid tectonics, oceans of liquid water, dynamic climate and abundant life is arguably the most complex system in the known universe. This system has exhibited stability in the sense of, bar a number of notable exceptions, surface temperature remaining within the bounds required for liquid water and so a significant biosphere. Explanations for this range from anthropic principles in which the Earth was essentially lucky, to homeostatic Gaia in which the abiotic and biotic components of the Earth system self-organise into homeostatic states that are robust to a wide range of external perturbations. Here we present results from a conceptual model that demonstrates the emergence of homeostasis as a consequence of the feedback loop operating between life and its environment. Formulating the model in terms of Gaussian processes allows the development of novel computational methods in order to provide solutions. We find that the stability of this system will typically increase then remain constant with an increase in biological diversity and that the number of attractors within the phase space exponentially increases with the number of environmental variables while the probability of the system being in an attractor that lies within prescribed boundaries decreases approximately linearly. We argue that the cybernetic concept of rein control provides insights into how this model system, and potentially any system that is comprised of biological to environmental feedback loops, self-organises into homeostatic states

Tipping points in complex coupled life-environment systems

Simple models of complex phenomena provide powerful insights and suggest low-level mechanistic descriptions. The Earth system arises from the interaction of subsystems with multi-scale temporal and spatial variability; from the microbial to continental scales, operating over the course of days to geological time. System-level homeostasis has been demonstrated in a number of conceptual, artificial life, models which share the advantage of a thorough and transparent analysis. We reintroduce a general model for a coupled life-environment model, concentrating on a minimal set of assumptions, and explore the consequences of interaction between simple life elements and their shared, multidimensional environment. In particular stability, criticality and transitions are of great relevance to understanding the history, and future of the Earth system. The model is shown to share salient features with other abstract systems such as Ashby's Homeostat and Watson and Lovelock's Daisyworld. Our generic description is free to explore high-dimensional, complex environments, and in doing so we show that even a small increase in the environmental complexity gives rise to very complex attractor landscapes which require a much richer conception of critical transitions and hysteresi

Security Transaction Taxes and Market Quality

We examine nine changes in the New York State Security Transaction Taxes (STT) between 1932 and 1981. We find that imposing or increasing an STT results in wider bidask spreads, lower volume, and increased price impact of trades. In contrast to theories of STT imposition as a means to reduce volatility, we find no consistent relationship between the level of an STT and volatility. We examine the propensity of traders to switch trading locations to avoid the tax and find no consistent evidence that they will change locations. We do find evidence to suggest that taxes imposed on the par value of stock will result in corporations managing the par value in the direction of minimizing the impact of the tax on investors.Econometric and statistical methods; Financial markets; Market structure and pricing

Introduction: Tricksters, humour and activism

This special issue, entitled ‘The Trickster Activist in Global Humour and Comedy’, investigates the relevance of the concept of the trickster for explaining activist expressions that emanate from comedians, or that appear in comedy and humour more generally. Comedy has traditionally been viewed as an aesthetic or entertainment medium. It has often been charged with encouraging stereotype and the affirmation of mainstream audience beliefs. Despite this, we argue, there have been moments in recent history where comedians have given their performances an increased level of social and political consciousness that resonates with the public at large, or with sections of the public. Comedians, we argue, are able to reach this level of social commentary due to their potential to become tricksters. Paradoxically, the mythical trickster is a liminal entity, one that is adept at destruction as well as creation, or at conservativism as well radicalism. The articles in this issue explore the complexity of the trickster concept, showing some of the polysemy involved in the social activism enabled by comedy and humour

Prader-Willi syndrome: are there population differences?

A 15 1/2-year-old black female with features consistent with the Prader-Willi syndrome is reported. This is the second case report of a black individual and the first case of a black female with the Prader-Willi syndrome. There is an apparent paucity of blacks reported with this condition. Whether this difference is a true difference or represents under-reporting is not known. We urge reporting of individuals representing other racial groups with this disorder and suggest population studies to determine the incidence as well as the true population difference in the Prader-Willi syndrome

Paying for Market Quality

One way to improve the liquidity of small stocks is to subsidize the providers of liquidity. These subsidies take many forms such as informational advantages, priority in trading with incoming order flow, and fee rebates for limit order traders. In this study, we examine another type of subsidy – directly paying liquidity providers to provide contractual improvement in liquidity. Our specific focus here is the 2002 decision by the Stockholm Stock Exchange to allow listed firms to negotiate with liquidity providers to set maximum spread widths and minimum depths. We find, for a sample of stocks that entered into such an arrangement, a significant improvement in market quality with a decline in quoted spreads and an increase in quoted depth throughout the limit order book. We also find evidence that suggests that there are improvements beyond those contracted for. In addition, both inter and intraday volatility decline following the entry of committed liquidity providers for these stocks. Traders benefit by the reduced costs as well as by the ease of finding liquidity as seen in the increased trade sizes. We also find that a firm’s stock price subsequent to entering into the agreement rises in direct proportion to the improvement in market quality Thus, we find overwhelming evidence of liquidity benefits to listed firms of entering into such contracts which suggests that firms should consider these market quality improvement opportunities as they do other capital budgeting decisions and that there are residual benefits beyond those contracted for.No keywords;

Algebraic nonlinear collective motion

Finite-dimensional Lie algebras of vector fields determine geometrical collective models in quantum and classical physics. Every set of vector fields on Euclidean space that generates the Lie algebra sl(3, R) and contains the angular momentum algebra so(3) is determined. The subset of divergence-free sl(3, R) vector fields is proven to be indexed by a real number $\Lambda$. The $\Lambda=0$ solution is the linear representation that corresponds to the Riemann ellipsoidal model. The nonlinear group action on Euclidean space transforms a certain family of deformed droplets among themselves. For positive $\Lambda$, the droplets have a neck that becomes more pronounced as $\Lambda$ increases; for negative $\Lambda$, the droplets contain a spherical bubble of radius $|\Lambda|^{{1/3}}$. The nonlinear vector field algebra is extended to the nonlinear general collective motion algebra gcm(3) which includes the inertia tensor. The quantum algebraic models of nonlinear nuclear collective motion are given by irreducible unitary representations of the nonlinear gcm(3) Lie algebra. These representations model fissioning isotopes ($\Lambda>0$) and bubble and two-fluid nuclei ($\Lambda<0$).Comment: 32pages, 4 figures not include

The reprocessing features in the X-ray spectrum of the NELG MCG-5-23-16

We present results from the spectral analysis of the Seyfert 1.9 galaxy MCG-5-23-16, based on ASCA, BeppoSAX, Chandra and XMM-Newton observations. The spectrum of this object shows a complex iron Kalpha emission line, which is best modeled by a superposition of a narrow and a broad (possibly relativistic) iron line, together with a Compton reflection component. Comparing results from all (six) available observations, we do not find any significant variation in the flux of both line components. The moderate flux continuum variability (about 25% difference between the brightest and faintest states), however, does not permit us to infer much about the location of the line-emitting material. The amount of Compton reflection is lower than expected from the total iron line EW, implying either an iron overabundance or that one of the two line components (most likely the narrow one) originates in Compton-thin matter.Comment: Accepted for publication in A&

Declining the Big East: A Case Study of the College of the Holy Cross

Abstract          The case study examines Holy Cross’ decision not to join the Big East Conference in 1979. Specifically, the case analyzes the commitment to a marketing strategy to de-emphasize athletics at a time when many institutions were using the growth of television to help market their university brand. The study also highlights the impact the decision has had on the institution and the athletic department since 1979. Data were gathered by interviewing two former administrators with over 50 years of experience at Holy Cross, and reviewing archival data and documents including administrators’ correspondence and letters, newspaper articles, magazines and websites related to Holy Cross athletics. Themes are presented in a chronological format to show the sequence of each theme. Results indicated that although the Big East presented many opportunities, administrators valued the academic brand of the institution and refused to sacrifice that brand in the pursuit of big-time athletics.