Towards a sequence stratigraphic solution set for autogenic processes and allogenic controls: Upper Cretaceous strata, Book Cliffs, Utah, USA

Upper Cretaceous strata exposed in the Book Cliffs of east–central Utah are widely used as an archetype for the sequence stratigraphy of marginal-marine and shallow-marine deposits. Their stratal architectures are classically interpreted in terms of accommodation controls that were external to the sediment routing system (allogenic), and that forced the formation of flooding surfaces, sequence boundaries, and parasequence and parasequence-set stacking patterns. Processes internal to the sediment routing system (autogenic) and allogenic sediment supply controls provide alternatives that can plausibly explain aspects of the stratal architecture, including the following: (1) switching of wave-dominated delta lobes, expressed by the internal architecture of parasequences; (2) river avulsion, expressed by the internal architecture of multistorey fluvial sandbodies and related deposits; (3) avulsion-generated clustering of fluvial sandbodies in delta plain strata; (4) ‘autoretreat’ owing to increasing sediment storage on the delta plain as it lengthened during progradation, expressed by progradational-to-aggradational stacking of parasequences; (5) sediment supply control on the stacking of, and sediment grain-size fractionation within, parasequence sets. The various potential allogenic controls and autogenic processes are combined to form a sequence stratigraphic solution set. This approach avoids anchoring of sequence stratigraphic interpretations on a specific control and acknowledges the non-unique origin of stratal architectures

Cholesterol acquisition by Mycobacterium tuberculosis

In this issue of Virulence, Ramon-Garcia et al. demonstrate the requirement of a mycobacterial efflux pump during growth on cholesterol. In this editorial I replace the study in the context of nutrient acquisition by Mycobacterium tuberculosis

Exact solution of a model for crowding and information transmission in financial markets

An exact solution is presented to a model that mimics the crowding effect in financial markets which arises when groups of agents share information. We show that the size distribution of groups of agents has a power law tail with an exponential cut-off. As the size of these groups determines the supply and demand balance, this implies heavy tails in the distribution of price variation. The moments of the distribution are calculated, as well as the kurtosis. We find that the kurtosis is large for all model parameter values and that the model is not self-organizing

The use of the bimodal production decline curve for the analysis of hydraulically fractured shale/tight gas reservoirs

The capability to conduct a rapid, near real-time model-based analysis of production data from tight/shale (TS) gas fields is important in determining fracture and matrix properties. Model-based analysis of production can range from simple analytical solutions to complex numerical models. The objective of this study is to develop a simple, Excel-based tool for the analysis of the complex problem of gas production from a fractured TS gas reservoir that is based on a robust model that is faithful to the underlying physics and can provide rapid estimates of the important system parameters. The scientifically robust model used as the basis for this tool is a significant modification and expansion of the bimodal production decline curve of Silin and Kneafsey (2012). The production period is divided into two regimes: an early-time regime before the extent of the stimulated reservoir volume (SRV) is felt, where an analytical similarity solution for gas production rate is obtained, and a late-time regime where the rate can be approximated with an exponential decline or more accurately represented with a numerical integration. Our basic model follows Silin and Kneafsey (2012) and produces the widely observed -½ slope on a log-log plot of early-time production decline curves, while our expanded model generalizes this slope to –n, where 0 < n < 1, to represent non-ideal flow geometries. The expanded model was programmed into an Excel spreadsheet to develop an interactive, user-friendly application for curve matching of well production data to the bimodal curve, from which matrix and fracture properties can be extracted. This tool allows significant insight into the model parameters that control the reservoir behavior and production: the geometry of the hydraulically-induced fracture network, its flow and transport properties, and the optimal operational parameters. This information enables informed choices about future operations, and is valuable in several different ways: (a) to estimate reserves and to predict future production, including expected ultimate recovery and the useful lifetime of the stage or the well; (b) if curve-matching is unsuccessful, to indicate the inadequacy of the mathematical model and the need for more complex numerical model to analyze the system; (c) to verify/validate numerical models, and to identify anomalous behavior or measurement errors in the data. The present approach can be adapted to gas-flow problems in dual-permeability media (hydraulically or naturally fractured) or highly heterogeneous sedimentary rock, as well as to retrograde condensation

Exact solution of a generalized model for surface deposition

We consider a model for surface deposition in one dimension, in the presence of both precursor-layer diffusion and desorption. The model is a generalization that includes random sequential adsorption (RSA), accelerated RSA, and growth-and-coalescence models as special cases. Exact solutions are obtained for the model for both its lattice and continuum versions. Expressions are obtained for physically important quantities such as the surface coverage, average island size, mass-adsorption efficiency, and the process efficiency. The connection between a limiting case of the model and epidemic models is discussed

Eigenvalue distribution of large dilute random matrices

We study the eigenvalue distribution of dilute N3N random matrices HN that in the pure ~undiluted! case describe the Hopfield model. We prove that for the fixed dilution parameter a the normalized counting function ~NCF! of HN converges as N!` to a unique sa(l). We find the moments of this distribution explicitly, analyze the 1/a correction, and study the asymptotic properties of sa(l) for large ulu. We prove that sa(l) converges as a !` to the Wigner semicircle distribution ~SCD!. We show that the SCD is the limit of the NCF of other ensembles of dilute random matrices. This could be regarded as evidence of stability of the SCD to dilution, or more generally, to random modulations of large random matrices

Democracy versus dictatorship in self-organized models of financial markets

Models to mimic the transmission of information in financial markets are introduced. As an attempt to generate the demand process, we distinguish between dictatorship associations, where groups of agents rely on one of them to make decision, and democratic associations, where each agent takes part in the group decision. In the dictatorship model, agents segregate into two distinct populations, while the democratic model is driven towards a critical state where groups of agents of all sizes exist. Hence, both models display a level of organization, but only the democratic model is self-organized. We show that the dictatorship model generates less-volatile markets than the democratic model

Transition from coherence to bistability in a model of financial markets

We present a model describing the competition between information transmission and decision making in financial markets. The solution of this simple model is recalled, and possible variations discussed. It is shown numerically that despite its simplicity, it can mimic a size effect comparable to a crash. Two extensions of this model are presented that allow to simulate the demand process. One of these extensions has a coherent stable equilibrium and is self-organized, while the other has a bistable equilibrium, with a spontaneous segregation of the population of agents. A new model is introduced to generate a transition between those two equilibriums. We show that the coherent state is dominant up to an equal mixing of the two extensions. We focuss our attention on the microscopic structure of the investment rate, which is the main parameter of the original model. A constant investment rate seems to be a very good approximation

Monetary policy rules, real rigidity and endogenous persistence

The bulk of literature on real rigidity attempts to identify sources of real rigidity in market imperfections while assuming that the money supply is exogenously set. This paper shows that monetary policy preferences affect the responsiveness of marginal cost to output and through this channel they are shown to determine (i) the degree of real rigidity and (ii) the degree of endogenous persistence. We find that substantial levels of real rigidity and persistence can be generated using plausible parameters values, without relying on market imperfections or other sources of real rigidity