14,114 research outputs found

    What's Wrong with Moral Deference?

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    Time-Symmetric Rolling Tachyon Profile

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    We investigate the tachyon profile of a time-symmetric rolling tachyon solution to open string field theory. We algebraically construct the solution of [arXiv:0707.4472] at 6th order in the marginal parameter, and numerically evaluate the corresponding tachyon profile as well as the action and several correlation functions containing the equation of motion. We find that the marginal operator's singular self-OPE is properly regularized and all quantities we examine are finite. In contrast to the widely studied time-asymmetric case, the solution depends nontrivially on the strength of the deformation parameter. For example, we find that the number and period of oscillations of the tachyon field changes as the strength of the marginal deformation is increased. We use the recent renormalization scheme of [arXiv:1412.3466], which contains two free parameters. At finite deformation parameter the tachyon profile depends on these parameters, while when the deformation parameter is small, the solution becomes insensitive to them and behaves like previously studied time-asymmetric rolling tachyon solutions. We also show that convergence of perturbation series is not as straightforward as in the time-asymmetric case with regular OPE, and find evidence that it may depend on the renormalization constants.Comment: 27 pages, 8 figures; reference added, extended discussion of numerical integratio

    Alternative Methods of Calculating Optimal Timber Rotations: A Critique of the Stokey/Lucas/Prescott Tree-Cutting Problem

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    The traditional question of optimally deciding when to cut down a tree is among the most commonly posed questions asked of students learning the technique of dynamic programming. This paper shows that the traditional tree-cutting example is improperly formulated when the question of replanting is addressed, derives the proper method of finding optimal harvest length, and applies this method to an empirical forest growth function.forestry, dynamic programing, tree cutting problem

    Is Smaller Better? A Comment on "Comparative Economic Impact Analyses" by Michael Mondello and Patrick Rishe

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    In a recent article in Economic Development Quarterly, "Comparative Economic Impact Analyses: Differences Across Cities, Events, and Demographics" (November 2004), Michael Mondello and Patrick Rishe examined the economic impact of small, amateur sporting events on host economies. This response to their work suggests four reasons why ex ante economic impact estimates for smaller sporting events may come closer to matching ex post reality than those for "mega-events" including less crowding out, lower hosting costs, higher multipliers, and less incentive for boosters to published inflated figures.economic impact, sports, sport economics, mega-events

    Research Note: Athletic Graduation Rates and Simpson’s Paradox

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    Graduation rates for male athletes overall as well as men’s football and basketball players lag behind those of male non-athletes at Division I colleges and universities. Scholarship athletes, however, are much more likely to be drawn from racial and ethnic groups with lower average graduation rates. After accounting for differences in racial composition, graduation rates for male athletes overall as well football players match or exceed those of their peers, and racial differences account for over one-quarter of the shortfall in men’s basketball graduation rates. This is a classic example of Simpson’s Paradox.college sports, sports economics, graduation rates

    Mega-Events: The effect of the world’s biggest sporting events on local, regional, and national economies

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    This paper provides an overview of the economics of sports mega-events as well as a review of the existing literature in the field. The paper describes why boosters’ ex ante estimates of the economic impact of large sporting events tend to exaggerate the net economic benefits of these events and surveys the results of a large number of ex post studies of exploring the true impact of mega-events.sports, impact analysis, mega-events

    The Effects of Labor Strikes on Consumer Demand: A Re-examination of Major League Baseball

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    Previous research has concluded that the 1981 and 1994/95 Major League Baseball (MLB) strikes have caused short-term losses in attendance but have not resulted in any long-term effects on attendance. While total attendance at MLB games following the 1994/95 strike has recovered to its pre-strike levels, this has been done only through the construction of new stadiums at an unprecedented pace which cannot continue into the future. After accounting for stadium effects, average MLB baseball attendance has dropped significantly since the 1994/95 strike.baseball, strikes, sports, attendance
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