93,058 research outputs found

    Phospholipides containing amino acids other than serine. I. Detection

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    In view of the widespread occurrence of the amino acid-containing lipides and the unique course of their metabolism during development of Drosophila, we have carried out extensive investigations concerned with their isolation and chemical nature. The present report is concerned primarily with techniques and procedures developed to insure removal of non-lipide contaminants from preparations of these lipides

    Implications of Anomalous U(1) Symmetry in Unified Models: the Flipped SU(5) x U(1) Paradigm

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    A generic feature of string-derived models is the appearance of an anomalous Abelian U(1)_A symmetry which, among other properties, constrains the Yukawa couplings and distinguishes the three families from each other. In this paper, we discuss in a model-independent way the general constraints imposed by such a U(1)_A symmetry on fermion masses, R-violating couplings and proton-decay operators in a generic flipped SU(5) x U(1)' model. We construct all possible viable fermion mass textures and give various examples of effective low-energy models which are distinguished from each other by their different predictions for B-, L- and R-violating effects. We pay particular attention to predictions for neutrino masses, in the light of the recent Super-Kamiokande data.Comment: 28 pages, reference adde

    An Experimental Analysis of Compliance in Dynamic Emissions Markets

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    Two important design elements for emission trading programs are whether and to what extent firms are able to bank emissions permits, and how these programs are to be enforced. In this paper we present results from laboratory emissions markets designed to investigate enforcement and compliance when these markets allow permit banking. Banking is motivated by a decrease in the aggregate permit supply in the middle of multi-period trading sessions. Consistent with theoretical insights, our experiments suggest that high permit violation penalties have little deterrence value in dynamic emissions markets, and that the main challenge of enforcing these programs is to motivate truthful self-reports of emissions.compliance, enforcement, emissions trading, laboratory experiments, permit markets, permit banking

    Imperfect Enforcement of Emissions Trading and Industry Welfare: A Laboratory Investigation

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    This paper uses laboratory experiments to investigate the performance of emission permit markets when compliance is imperfectly enforced. In particular we examine deviations in observed aggregate payoffs and expected penalties from those derived from a model of risk-neutral payoff-maximizing firms. We find that the experimental emissions markets were reasonably efficient at allocating individual emission control choices despite imperfect enforcement and significant noncompliance. However, violations and expected penalties were lower than predicted when these are predicted to be high, but were about the same as predicted values when these values were predicted to be low. Thus, although a standard model of compliance with emissions trading programs tends to predict significantly higher violations than we observe when subjects have strong incentives to violate their emissions permits, individual emissions control responsibilities are distributed among firms as predicted.enforcement, compliance, emissions trading, permit markets, pollution, laboratory experiments

    5'-terminal structure of poliovirus polyribosomal RNA is pUp

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    Poliovirus RNA purified from virus-specific polyribosomes does not contain m7G in a 5'-5'-pyrophosphate linkage at its 5'-end. The only potential 5'-end found in ribonuclease digests of this RNA is pUp, which is present in a yield of 1 mole/mole of poliovirus RNA. We conclude that a 5'-terminal m7G is not required for translation of at least one RNA species in animal cells

    A Laboratory Investigation of Compliance Behavior under Tradable Emissions Rights: Implications for Targeted Enforcement

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    This paper uses laboratory experiments to test the theoretical observations that both the violations of competitive risk-neutral firms and the marginal effectiveness of increased enforcement across firms are independent of differences in their abatement costs and their initial allocations of permits. This conclusion has important implications for enforcing emissions trading programs because it suggests that regulators have no justification for targeting their enforcement effort based on firm-level characteristics. Consistent with the theory, we find that subjects’ violations were independent of parametric differences in their abatement costs. However, those subjects that were predicted to buy permits tended to have higher violation levels than those who were predicted to sell permits. Despite this, we find no statistically significant evidence that the marginal effectiveness of enforcement depends on any firmspecific characteristic. We also examine the determinants of compliance behavior under fixed emissions standards. As expected, we find significant differences between compliance behavior under fixed standards and emissions trading programs.enforcement, compliance, emissions trading, permit markets, standards, commandand- control

    An Investigation of Voluntary Discovery and Disclosure of Environmental Violations Using Laboratory Experiments

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    This paper uses laboratory experiments to test individual responses to policies that seek to encourage firms to voluntarily discover and disclose violations of environmental standards. We find that while it is possible to motivate a significant number of voluntary disclosures without adversely affecting environmental quality, this result is sensitive to both the fine for disclosed violations and the assumption that firms know their compliance status without cost. When firms have to expend resources to determine their compliance status, motivating a significant number of violation disclosures yields worse environmental quality. Finally, relative to conventional enforcement, disclosure polices will result in more violations being sanctioned, but fewer of these sanctions are for violations that are uncovered by the government.enforcement, compliance, environmental standards, self-reporting, self-auditing voluntary disclosure

    An anemic recovery?

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    A report on the June 14, 1991 meeting of the Fourth District Economists' Roundtable, at which the consensus forecast was for a mild gain in output growth in the early stages of economic expansion and for a subdued recovery in the consumer spending, housing, and capital goods sectors.Economic conditions - United States ; Business forecasting
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