A FRAMEWORK FOR ANALYSIS OF ALTERNATIVE RESTRUCTURING STRATEGIES EMPWYED BY LARGE FOOD MANUFACTURERS IN THE 1980s

Agribusiness, Industrial Organization,

Relatedness and Performance: A Reexamination of the Diversification-Performance Link

Empirical studies of firm diversification suggest the existence of a positive relationship between the relatedness of diversification and firm performance. Using evidence from the food manufacturing sector, we find that this relationship is weak at best and that market share appears to be a more powerful predictor of firm performance.Agribusiness, Industrial Organization,

Pinned modes in two-dimensional lossy lattices with local gain and nonlinearity

We introduce a system with one or two amplified nonlinear sites ("hot spots", HSs) embedded into a two-dimensional linear lossy lattice. The system describes an array of evanescently coupled optical or plasmonic waveguides, with gain applied at selected HS cores. The subject of the analysis is discrete solitons pinned to the HSs. The shape of the localized modes is found in quasi-analytical and numerical forms, using a truncated lattice for the analytical consideration. Stability eigenvalues are computed numerically, and the results are supplemented by direct numerical simulations. In the case of self-focusing nonlinearity, the modes pinned to a single HS are stable or unstable when the nonlinearity includes the cubic loss or gain, respectively. If the nonlinearity is self-defocusing, the unsaturated cubic gain acting at the HS supports stable modes in a small parametric area, while weak cubic loss gives rise to a bistability of the discrete solitons. Symmetric and antisymmetric modes pinned to a symmetric set of two HSs are considered too.Comment: Philosophical Transactions of the Royal Society A, in press (a special issue on "Localized structures in dissipative media"

Power-Law Distributions in Circulating Money: Effect of Preferential Behavior

We introduce preferential behavior into the study on statistical mechanics of money circulation. The computer simulation results show that the preferential behavior can lead to power laws on distributions over both holding time and amount of money held by agents. However, some constraints are needed in generation mechanism to ensure the robustness of power-law distributions.Comment: 4 pages, 2 figure

Restructuring's Effect on Related and Unrelated Diversification Among Top Food Manufacturing Firms in the 1980s

Corporate restructuring during the 1980s is argued to have focused on improving firm performance by increasing related and decreasing unrelated diversification. The restructuring patterns of top food manufacturing firms do not support this; instead, much of the restructuring appears to have been driven by the pursuit of stronger market positions. TheAgribusiness, Industrial Organization,

Molecular Dynamics Study of Bamboo-like Carbon Nanotube Nucleation

MD simulations based on an empirical potential energy surface were used to study the nucleation of bamboo-like carbon nanotubes (BCNTs). The simulations reveal that inner walls of the bamboo structure start to nucleate at the junction between the outer nanotube wall and the catalyst particle. In agreement with experimental results, the simulations show that BCNTs nucleate at higher dissolved carbon concentrations (i.e., feedstock pressures) than those where non-bamboolike carbon nanotubes are nucleated

Cusp-scaling behavior in fractal dimension of chaotic scattering

A topological bifurcation in chaotic scattering is characterized by a sudden change in the topology of the infinite set of unstable periodic orbits embedded in the underlying chaotic invariant set. We uncover a scaling law for the fractal dimension of the chaotic set for such a bifurcation. Our analysis and numerical computations in both two- and three-degrees-of-freedom systems suggest a striking feature associated with these subtle bifurcations: the dimension typically exhibits a sharp, cusplike local minimum at the bifurcation.Comment: 4 pages, 4 figures, Revte