2,466 research outputs found
Considering the Harmonic Sequence "Paradox"
Blavatskyy (2006) formulated a game of chance based on the harmonic series which, he suggests, leads to a St Petersburg type of paradox. In view of the importance of the St Petersburg game to decision theory, any game which leads to a St Petersburg type paradox is of interest. Blavatskyy’s game is re-examined in this article to conclude that it does not lead to a St Petersburg type paradox.Keywords: St Petersburg paradox; harmonic series; harmonic series paradoxes; decision theory and games of chance; decision theory paradoxes; expected values.
Considering the Pasadena "Paradox"
Nover and Hájek (2004) suggested a variant of the St Petersburg game which they dubbed the Pasadena game. They hold that their game ‘is more paradoxical than the St Petersburg game in several aspects’. The purpose of this article is to demonstrate theoretically and to validate by simulation, that their game does not lead to a paradox at all, let alone in the St Petersburg game sense. Their game does not produce inconsistencies in decision theory.expected values; St Petersburg paradox; decision rules; simulation; harmonic series
Solving Daniel Bernoulli's St Petersburg Paradox: The Paradox which is not and never was
It has been accepted for over 270 years that the expected monetary value (EMV)of the St Petersburg game is infinite. Accepting this leads to a paradox; no reasonable person is prepared to pay the predicted large sum to play the game but will only pay, comparatively speaking, a very moderate amount. This paradox was 'solved' using cardinal utility. This article demonstrates that the EMV of the St Petersburg game is a function of the number ofgames played and is infmite only when an infinite number of games is played. Generally, the EMV is a very moderate amount, even when a large number of games is played. It is of the same order as people are prepared to offer to play the game. There is thus no paradox. Cardinal utility is not required to explain the behaviour of the reasonable person offering to play the game.St Petersburg paradox; St Petersburg game; expected utility; decision theory
Integrating Digital Response Systems Within a Diversity of Agricultural Audiences
Extension educators have new computer-assisted tools as audience response systems (clickers) for increasing educational effectiveness and improving assessment by facilitating client input. From 2010-2012, 26 sessions involving 1093 participants in six diverse client categories demonstrated wide audience acceptance and suitability of clickers in agricultural and horticultural programming. Farmers, ag students, and Master Gardeners provided anonymous information using wireless clickers. Analyzed data was shared in each session. Such user-friendly technology improved pedagogy with rapid and sustained learner engagement and through enhanced peer-to-peer instruction. Pre-post assessment and re-teaching techniques provided documentation for group demographics, educational evaluation, and programmatic impacts
Phase transitions and resilience of the magnetic dual chiral density wave phase at finite temperature and density
We study the phase transitions at finite temperature and density of the magnetic dual chiral density wave (MDCDW) phase. This spatially inhomogeneous phase emerges in cold, dense QCD in the presence of a strong magnetic field. Starting from the generalized Ginzburg-Landau (GL) expansion of the free energy, we derive several analytical formulas that enable fast numerical computation of the expansion coefficients to arbitrary order, allowing high levels of precision in the determination of the physical dynamical parameters, as well as in the transition curves in the temperature vs chemical potential plane at different magnetic fields. At magnetic fields and temperatures compatible with neutron star (NS) conditions, the MDCDW remains favored over the symmetric ground state at all densities. The phase’s “resilience” manifests in (1) a region of small but nonzero remnant mass and significant modulation at intermediate densities, originating in part from the nontrivial topology of the lowest Landau level, and (2) a region of increasing condensate parameters at high densities. Our analysis suggests the MDCDW condensate remains energetically favored at densities and temperatures much higher than previously considered, opening the possibility for this phase to be a viable candidate for the matter structure of even young neutron stars produced by binary neutron star (BNS) mergers
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The Proposed U.S.-South Korea Free Trade Agreement (KORUS FTA): Provisions and Implications
On June 30, 2007, United States Trade Representative Susan Schwab and South Korean Foreign Trade Minister Kim Hyung-chong signed the proposed U.S.-South Korean Free Trade Agreement (KORUS FTA) for their respective countries. If approved, the KORUS FTA would be the largest FTA that South Korea has signed to date and would be the second largest (next to North American Free Trade Agreement NAFTA) in which the United States participates. South Korea is the seventh-largest trading partner of the United States and the United States is South Korea’s third largest trading partner. Various studies conclude that the agreement would increase bilateral trade and investment flows.
The final text of the proposed KORUS FTA covers a wide range of trade and investment issues and, therefore, could have wide economic implications for both the United States and South Korea. The KORUS FTA includes issues on which the two countries achieved early agreement, such as the elimination on tariffs on trade in most manufactured goods and the partial liberalization in services trade. The agreement also includes provisions on a number of very sensitive issues, such as autos, agriculture, and trade remedies, on which agreement was reached only during the final hours of negotiations.
If the agreement is to enter into force, Congress will have to approve implementation legislation. The negotiations were conducted under the trade promotion authority (TPA), also called fast-track trade authority, that the Congress granted the President under the Bipartisan Trade Promotion Act of 2002 (P.L. 107-210). The authority allows the President to enter into trade agreements that receive expedited congressional consideration (no amendments and limited debate). The White House has not indicated when it will send the draft implementing legislation to Congress. (The TPA sets no deadline for the President to do this.)
While a broad swath of the U.S. business community supports the agreement, the KORUS FTA faces opposition from some groups, including some auto and steel manufacturers and labor unions. In addition, the agricultural community and some Members of Congress have withheld support for the agreement until South Korea lifts its restrictions on imports of U.S. beef. Some U.S. supporters view passage of the KORUS FTA as important to secure new opportunities in the South Korea market. Opponents claim that the KORUS FTA does not go far enough in opening up the South Korean market and is a lost opportunity to resolve long running concerns about South Korean barriers. Other observers have suggested the outcome of the KORUS FTA could have implications for the U.S.-South Korean alliance as a whole.
Differences between the White House and the Democratic leadership in the Congress over the implications of the KORUS FTA have made the timing and even the likelihood of the President’s submission and the Congress’s subsequent consideration of implementing legislation uncertain. This report will be updated as events warrant
Genomic and Transcriptomic Alterations Associated with STAT3 Activation in Head and Neck Cancer.
BackgroundHyperactivation of STAT3 via constitutive phosphorylation of tyrosine 705 (Y705) is common in most human cancers, including head and neck squamous carcinoma (HNSCC). STAT3 is rarely mutated in cancer and the (epi)genetic alterations that lead to STAT3 activation are incompletely understood. Here we used an unbiased approach to identify genomic and epigenomic changes associated with pSTAT3(Y705) expression using data generated by The Cancer Genome Atlas (TCGA).Methods and findingsMutation, mRNA expression, promoter methylation, and copy number alteration data were extracted from TCGA and examined in the context of pSTAT3(Y705) protein expression. mRNA expression levels of 1279 genes were found to be associated with pSTAT3(705) expression. Association of pSTAT3(Y705) expression with caspase-8 mRNA expression was validated by immunoblot analysis in HNSCC cells. Mutation, promoter hypermethylation, and copy number alteration of any gene were not significantly associated with increased pSTAT3(Y705) protein expression.ConclusionsThese cumulative results suggest that unbiased approaches may be useful in identifying the molecular underpinnings of oncogenic signaling, including STAT3 activation, in HNSCC. Larger datasets will likely be necessary to elucidate signaling consequences of infrequent alterations
Thermal phonon fluctuations and stability of the magnetic dual chiral density wave phase in dense QCD
We study the stability against thermal phonon fluctuations of the magnetic dual chiral density wave (MDCDW) phase, an inhomogeneous phase arising in cold dense QCD in a magnetic field. Following a recent study that demonstrated the absence of the Landau-Peierls (LP) instability from this phase, we calculate the (threshold) temperature at which the phonon fluctuations wash out the long-range order over a range of magnetic fields and densities relevant to astrophysical applications. Using a high-order Ginzburg-Landau expansion, we find that the threshold temperature is very near the critical temperature for fields of order 10^18 G, and still a sizable fraction of the critical temperature for fields of order 10^17 G. Therefore, at sufficiently large magnetic fields, the long-range order of the MDCDW phase is preserved over most of the parameter space where it is energetically favored; at smaller magnetic fields, the long-range order is still preserved over a considerable region of parameter space relevant to compact stars
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