13,712 research outputs found

    Thrust performance of isolated plug nozzles with two types of 40-spoke noise suppressor at Mach numbers from 0 to 0.45

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    Plug nozzles with two types of 40-spoke noise suppressor were tested at free-stream Mach numbers from 0 to 0.45 and over a range of nozzle pressure ratios from 1.5 to 4.0. In additon, an unsuppressed plug nozzle and a Supersonic Tunnel Association nozzle were also tested to provide baseline levels of thrust performance. The unsuppressed plug nozzle had an efficiency of 98 percent at an assumed takeoff pressure ratio of 3.0 and at Mach 0.36. At the same condition the suppressor nozzles had efficiencies of approximately 83.5 percent

    Thrust performance of isolated 36-chute suppressor plug nozzles with and without ejectors at Mach numbers from 0 to 0.45

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    Plug nozzles with chute-type noise suppressors were tested with and without ejector shrouds at free-stream Mach numbers from 0 to 0.45 and over a range of nozzle pressure ratios from 2 to 4. A 36-chute suppressor nozzle with an ejector had an efficiency of 94.6 percent at an assumed takeoff pressure ratio of 3.0 and a Mach number of 0.36. This represents only a 3.4 percent performance penalty when compared with the 98 percent efficiency obtained with a previously tested unsuppressed plug nozzle

    Thrust performance of isolated, two-dimensional suppressed plug nozzles with and without ejectors at Mach numbers from 0 to 0.45

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    A series of two-dimensional plug nozzles was tested with and without ejector shrouds at free stream Mach numbers from 0 to 0.45 and over a range of nozzle pressure ratios from 2 to 4. These nozzles were also tested with and without chute noise suppressors. A two-dimensional plug nozzle has an efficiency of 96.1 percent at an assumed takeoff pressure ratio of 3.0 and Mach 0.36. A 12-chute suppressed nozzle with sidewalls has an efficiency of 81.0 percent (15.1 percent below the unsuppressed nozzle)

    nsolvency Experience, Risk-Based Capital, and Prompt Corrective Action in Property-Liability Insurance

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    In December 1992, the National Association of Insurance Commissioners (NAIC) adopted a life-health insurer risk-based capital (RBC) formula and model law that became effective with the 1993 annual statement filed in March 1994. In principle, well-designed RBC requirements can help achieve an efficient reduction in the expected costs of insolvencies. They can provide incentives for insurers to operate safely in cases where market incentives are weak due to government mandated guarantees of insurer obligations or asymmetries regarding solvency between insurers and buyers. RBC requirements also may facilitate or encourage prompt corrective action by solvency regulators by helping regulators to identify weak insurers and giving regulators legal authority to intervene when capital falls below specified levels. RBC requirements may force regulators to act in amore timely manner when confronted with external pressure to delay action. However, RBC capital requirements have a number ofpotential limitations. Unavoidable imperfections in any meaningful RBC system will likely distort some insurer decisions in undesirable and unintended ways. RBC requirements by themselves will do little or nothing to help regulators determine when an insurer s reported capital (surplus) is overstated due to understatement of liabilities or overstatement of assets. A well-designed RBC system should minimize costs associated with misclassification of insurers. The system should be able to identify a high proportion of troubled companies early enough to permit regulators to take prompt corrective action and should identify as troubled only a minimal proportion of financially sound insurers. This study analyzes data on solvent and insolvent property-liability insurers to determine whether modifications in the NAIC s RBC formula can improve its ability to predict firms that subsequently fail without substantially increasing the proportion of surviving insurers that are incorrectly predicted to fail. It uses logistic regression models to investigate whether changes in the weight for the major components in the RBC formula and incorporation of information on company size and organizational form improve the tradeoff between Type I error rates (the percentage of insurers that later failed that are incorrectly predicted not to fail) and the Type II error rates (the percentage of surviving insurers that are incorrectly predicted to fail). The data analyzed were for 1989-91 for firms that subsequently failed and for firms that survived through the first nine months of 1993. The authors make four main conclusions. First, less than half of the companies that later failed had RBC ratios within the proposed ranges for regulatory and company action. Second, total and component RBC ratios generally are significantly different for failed and surviving firms based on univariate tests. Third, estimation of multiple logistic regression models of insolvency risk indicated that allowing the weights of the RBC component to vary and including firm size and organizational form variables generally produce a material improvement in the tradeoff between sample Type I and Type II error rates. And, fourth,the RBC models are noticeably less successful in predicting large firm insolvencies than in predicting smaller insolvencies. Regarding the estimated weights in the logistic regression models, a major conclusion is the reserve component of the NAIC risk-based capital formula, which accounts for half of industry risk-based capital, has virtually no predictive power in any of the tests conducted. Given the high costs associated with large failures and the inferior performance of the models in predicting large insolvencies, a higher payoff in terms of reduced insolvency costs is likely to be achieved by developing models that perform better for large firms.

    Delays in Leniency Application: Is There Really a Race to the Enforcer's Door?

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    This paper studies cartelsā€™ strategic behavior in delaying leniency applications, a take-up decision that has been ignored in the previous literature. Using European Commission decisions issued over a 16-year span, we show, contrary to common beliefs and the existing literature, that conspirators often apply for leniency long after a cartel collapses. We estimate hazard and probit models to study the determinants of leniency-application delays. Statistical tests find that delays are symmetrically affected by antitrust policies and macroeconomic fluctuations. Our results shed light on the design of enforcement programs against cartels and other forms of conspiracy

    Electromagnetic multipole theory for optical nanomaterials

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    Optical properties of natural or designed materials are determined by the electromagnetic multipole moments that light can excite in the constituent particles. In this work we present an approach to calculate the multipole excitations in arbitrary arrays of nanoscatterers in a dielectric host medium. We introduce a simple and illustrative multipole decomposition of the electric currents excited in the scatterers and link this decomposition to the classical multipole expansion of the scattered field. In particular, we find that completely different multipoles can produce identical scattered fields. The presented multipole theory can be used as a basis for the design and characterization of optical nanomaterials

    Achromatizing a liquid-crystal spectropolarimeter: Retardance vs Stokes-based calibration of HiVIS

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    Astronomical spectropolarimeters can be subject to many sources of systematic error which limit the precision and accuracy of the instrument. We present a calibration method for observing high-resolution polarized spectra using chromatic liquid-crystal variable retarders (LCVRs). These LCVRs allow for polarimetric modulation of the incident light without any moving optics at frequencies >10Hz. We demonstrate a calibration method using pure Stokes input states that enables an achromatization of the system. This Stokes-based deprojection method reproduces input polarization even though highly chromatic instrument effects exist. This process is first demonstrated in a laboratory spectropolarimeter where we characterize the LCVRs and show example deprojections. The process is then implemented the a newly upgraded HiVIS spectropolarimeter on the 3.67m AEOS telescope. The HiVIS spectropolarimeter has also been expanded to include broad-band full-Stokes spectropolarimetry using achromatic wave-plates in addition to the tunable full-Stokes polarimetric mode using LCVRs. These two new polarimetric modes in combination with a new polarimetric calibration unit provide a much more sensitive polarimetric package with greatly reduced systematic error.Comment: Accepted in PAS
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