48,877 research outputs found

    Global-String and Vortex Superfluids in a Supersymmetric Scenario

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    The main goal of this work is to investigate the possibility of finding the supersymmetric version of the U(1)-global string model which behaves as a vortex-superfluid. To describe the superfluid phase, we introduce a Lorentz-symmetry breaking background that, in an approach based on supersymmetry, leads to a discussion on the relation between the violation of Lorentz symmetry and explicit soft supersymmetry breakings. We also study the relation between the string configuration and the vortex-superfluid phase. In the framework we settle down in terms of superspace and superfields, we actually establish a duality between the vortex degrees of freedom and the component fields of the Kalb-Ramond superfield. We make also considerations about the fermionic excitations that may appear in connection with the vortex formation.Comment: 9 pages. This version presented the relation between Lorentz symmetry violation by the background and the appearance of terms that explicitly break SUS

    Board Structure and Price Informativeness

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    We develop and test the hypothesis that private information incorporated into stock prices affects the structure of corporate boards. Stock price informativeness may be a complement to board monitoring, because the information revealed by prices can be used by directors to monitor management. But price informativeness may also be a substitute for board monitoring, because more informative prices can trigger external monitoring mechanisms, such as takeovers. We find robust evidence for the substitution effect: Stock price informativeness, as measured by the probability of informed trading (PIN), is negatively related to board independence. Consistent with the model's predictions, this relationship is particularly strong for firms exposed to external governance mechanisms and internal governance mechanisms, and firms for which firm-specific knowledge is relatively unimportant. We address endogeneity concerns in a number of different ways and conclude that our results are unlikely to be driven by omitted variables or reverse causality. The results are also robust to using different measures of price informativeness and different proxies for board monitoringCorporate boards, Independent directors, Price informativeness

    A mass-transportation approach to a one dimensional fluid mechanics model with nonlocal velocity

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    We consider a one dimensional transport model with nonlocal velocity given by the Hilbert transform and develop a global well-posedness theory of probability measure solutions. Both the viscous and non-viscous cases are analyzed. Both in original and in self-similar variables, we express the corresponding equations as gradient flows with respect to a free energy functional including a singular logarithmic interaction potential. Existence, uniqueness, self-similar asymptotic behavior and inviscid limit of solutions are obtained in the space P2(R)\mathcal{P}_{2}(\mathbb{R}) of probability measures with finite second moments, without any smallness condition. Our results are based on the abstract gradient flow theory developed in \cite{Ambrosio}. An important byproduct of our results is that there is a unique, up to invariance and translations, global in time self-similar solution with initial data in P2(R)\mathcal{P}_{2}(\mathbb{R}), which was already obtained in \textrm{\cite{Deslippe,Biler-Karch}} by different methods. Moreover, this self-similar solution attracts all the dynamics in self-similar variables. The crucial monotonicity property of the transport between measures in one dimension allows to show that the singular logarithmic potential energy is displacement convex. We also extend the results to gradient flow equations with negative power-law locally integrable interaction potentials

    Self-dual Hopfions

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    We construct static and time-dependent exact soliton solutions with non-trivial Hopf topological charge for a field theory in 3+1 dimensions with the target space being the two dimensional sphere S**2. The model considered is a reduction of the so-called extended Skyrme-Faddeev theory by the removal of the quadratic term in derivatives of the fields. The solutions are constructed using an ansatz based on the conformal and target space symmetries. The solutions are said self-dual because they solve first order differential equations which together with some conditions on the coupling constants, imply the second order equations of motion. The solutions belong to a sub-sector of the theory with an infinite number of local conserved currents. The equation for the profile function of the ansatz corresponds to the Bogomolny equation for the sine-Gordon model.Comment: plain latex, no figures, 23 page
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