63,928 research outputs found

    Post clamp

    Get PDF
    A pair of spaced collars are mounted at right angles on a clamp body by retaining rings which enable the collars to rotate with respect to the clamp body. Mounting posts extend through aligned holes in the collars and clamp body. Each collar can be clamped onto the inserted post while the clamp body remains free to rotate about the post and collar. The clamp body is selectively clamped onto each post

    A Wake-Based Correlate of Swimming Performance and Foraging Behavior in Seven Co-Occurring Jellyfish Species

    Get PDF
    It is generally accepted that animal–fluid interactions have shaped the evolution of animals that swim and fly. However, the functional ecological advantages associated with those adaptations are currently difficult to predict on the basis of measurements of the animal–fluid interactions. We report the identification of a robust, fluid dynamic correlate of distinct ecological functions in seven jellyfish species that represent a broad range of morphologies and foraging modes. Since the comparative study is based on properties of the vortex wake – specifically, a fluid dynamical concept called optimal vortex formation – and not on details of animal morphology or phylogeny, we propose that higher organisms can also be understood in terms of these fluid dynamic organizing principles. This enables a quantitative, physically based understanding of how alterations in the fluid dynamics of aquatic and aerial animals throughout their evolution can result in distinct ecological functions

    A nonparametric analysis of the Cournot model

    Get PDF
    An observer makes a number of observations of an industry producing a homogeneous good. Each observation consists of the market price, the output of individual firms and perhaps information on each firm's production cost. We provide various tests (typically, linear programs) with which the observer can determine if the data set is consistent with the hypothesis that firms in this industry are playing a Cournot game at each observation. When cost information is wholly or partially unavailable, these tests could potentially be used to derive cost information on the firms. This paper is a contribution to the literature that aims to characterize (in various contexts) the restrictions that a data set must satisfy for it to be consistent with Nash outcomes in a game. It is also inspired by the seminal result of Afriat (and the subsequent literature) which addresses similar issues in the context of consumer demand, though one important technical difference from most of these results is that the objective functions of firms in a Cournot game are not necessarily quasiconcave

    Comparative Statics, Informativeness, and the Interval Dominance Order

    Get PDF
    We identify a natural way of ordering functions, which we call the interval dominance order and develop a theory of monotone comparative statics based on this order. This way of ordering functions is weaker then the standard one based on the single crossing property (Milgrom and Shannon, 1994) and so our results apply in some settings where the single crossing property does not hold. For example, they are useful when examining the comparative statics of optimal stopping time problems. We also show that certain basic results in statistical decision theory which are important in economics – specifically, the complete class theorem of Karlin and Rubin (1956) and the results connected with Lehmann’s (1988) concept of informativeness – generalize to payoff functions obeying the interval dominance order.single crossing property, interval dominance order, supermodularity, comparative statics, optimal stopping time, complete class theorem, statistical decision theory, informativeness

    Discounting and Patience in Optimal Stopping and Control Problems

    Get PDF
    This paper establishes that the optimal stopping time of virtually any optimal stopping problem is increasing in "patience," understood as a particular partial order on discount rate functions. With Markov dynamics, the result holds in a continuation- domain sense even if stopping is combined with an optimal control problem. Under intuitive additional assumptions, we obtain comparative statics on both the optimal control and optimal stopping time for one-dimensional diusions. We provide a simple example where, without these assumptions, increased patience can precipitate stopping. We also show that, with optimal stopping and control, a project's expected value is decreasing in the interest rate, generalizing analogous results in a deterministic context. All our results are robust to the presence of a salvage value. As an application we show that the internal rate of return of any endogenously-interrupted project is essentially unique, even if the project also involves a management problem until its interruption. We also apply our results to the theory of optimal growth and capital deepening and to optimal bankruptcy decisions.capital growth, comparative statics, discounting, internal rate of return, optimal control, optimal stopping, patience, present value, project valuation

    Reconstruction of a three-dimensional, transonic rotor flow field from holographic interferogram data

    Get PDF
    Holographic interferometry and computerized aided tomography (CAT) are used to determine the transonic velocity field of a model rotor blade in hover. A pulsed ruby laser recorded 40 interferograms with a 2 ft dia view field near the model rotor blade tip operating at a tip Mach number of 0.90. After digitizing the interferograms and extracting the fringe order functions, the data are transferred to a CAT code. The CAT code then calculates the perturbation velocity in several planes above the blade surface. The values from the holography-CAT method compare favorably with previously obtained numerical computations in most locations near the blade tip. The results demonstrate the technique's potential for three dimensional transonic rotor flow studies

    Law of Demand

    Get PDF
    We formulate several laws of individual and market demand and describe their relationship to neoclassical demand theory. The laws have implications for comparative statics and stability of competitive equilibrium. We survey results that offer interpretable sufficient conditions for the laws to hold and we refer to related empirical evidence. The laws for market demand are more likely to be satisfied if commodities are more substitutable. Certain kinds of heterogeneity across individuals make the laws more likely to hold in the aggregate even if they are violated by individuals.

    Where is the Inner Edge of an Accretion Disk Around a Black Hole?

    Get PDF
    What is meant by the "inner edge" of an accretion disk around a black hole depends on the property that defines the edge. We discuss four such definitions using data from recent high-resolution numerical simulations. These are: the "turbulence edge", where flux-freezing becomes more important than turbulence in determining the magnetic field structure; the "stress edge", where plunging matter loses dynamical contact with the outer accretion flow; the "reflection edge", the smallest radius capable of producing significant X-ray reflection features; and the "radiation edge", the innermost place from which significant luminosity emerges. All these edges are dependent on the accretion rate and are non-axisymmetric and time-variable. Although all are generally located in the vicinity of the marginally stable orbit, significant displacements can occur, and data interpretations placing the disk edge precisely at this point can be misleading. If observations are to be used successfully as diagnostics of accretion in strong gravity, the models used to interpret them must take careful account of these distinctions.Comment: accepted by Ap.J., 26 p

    Transonic rotor flow-measurement technique using holographic interferometry

    Get PDF
    Holographic interferometry is used to record interferograms of the flow near a hovering transonic rotor blade. A pulsed ruby laser recorded 40 interferograms with a 2 ft dia. view field near the model rotor blade tip operating at a tip Mach number of 0.90. The experimental procedure is presented and example interferograms recorded in the rotor's tip path plane. In addition, a method currently being pursued to obtain quantitative flow information using computer assisted tomography (CAT) with the holographic interferogram data, is outlined

    A Nonparametric Analysis of the Cournot Model

    Get PDF
    An observer makes a number of observations of an industry producing a homogeneous good. Each observation consists of the market price, the output of individual rms and perhaps information on each rm's production cost. We provide various tests (typically, linear programs) with which the observer can determine if the data set is consistent with the hypothesis that rms in this industry are playing a Cournot game at each observation. When cost information is wholly or partially unavailable, these tests could potentially be used to derive cost information on the rms. This paper is a contribution to the literature that aims to characterize (in various contexts) the restrictions that a data set must satisfy for it to be consistent with Nash outcomes in a game. It is also inspired by the seminal result of Afriat (and the subsequent literature) which addresses similar issues in the context of consumer demand, though one important technical di erence from most of these results is that the objective functions of rms in a Cournot game are not necessarily quasiconcave. Keywords:
    corecore