590 research outputs found

    Higher-Order Simulations: Strategic Investment Under Model-Induced Price Patterns

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    The trading and investment decision processes in financial markets become ever more dependent on the use of valuation and risk models. In the case of risk management for instance, modelling practice has become quite homogeneous and the question arises as to the effect this has on the price formation process. Furthermore, sophisticated investors who have private information about the use and characteristics of these models might be able to make superior gains in such an environment. The aim of this article is to test this hypothesis in a stylised market, where a strategic investor trades on information about the valuation and risk management models used by other market participants. Simulation results show that under certain market conditions, such a \'higher-order\' strategy generates higher profits than standard fundamental and momentum strategies that do not draw on information about model use.Financial Markets, Multi-Agent Simulation, Performativity, Higher-Order Strategies

    AN ANALYSIS OF A MATLAB SCRIPT FOR THE DOPPLER EFFECT

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    This report is a detailed outline of recreating the Doppler effect in Matlab. I have acquired a MATLAB script via the Internet and will attempt to explain how the script works in detail. I will also be doing a slight modification to the script by applying it to a wave file that the script was not intended for. This will then be concluded with an overview of my results and findingsArchitecture & Allied Art

    Hsp70-mediated regulation of Hsf1 transcriptional activity in Saccharomyces cerevisiae

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    In eukaryotic cells, protein homeostasis and cellular fitness is promoted by the transcription factor heat shock factor 1 (HSF1) during exposure to proteotoxic stress. HSF1 controls the basal and stress-induced expression of molecular chaperones and other protective targets. Dynamic regulation of HSF1 involves the major heat shock proteins Hsp70 and Hsp90. Recent advances in the understanding of this regulatory circuit in Saccharomyces cerevisiae have shown that the Hsp70 Ssa1 acts as a sensor for some proteotoxic stresses and is capable of a direct interaction with Hsf1. This work continues to explore the complex regulatory interaction between Hsf1 and Ssa1. I found that the Ssa1 substrate binding domain recognizes Hsf1 at two distinct sites, one previously defined as the CE2 within the carboxyl-terminal transcriptional activation domain, and one within the amino-terminal activation domain. Disruption of the identified in silico Hsp70-binding sites within each regulatory element results in loss of Ssa1 association. Furthermore, loss of regulation by Ssa1 leads to global dysregulation of Hsf1 transcriptional activity that displays synergism when both sites are disrupted simultaneously. Dysregulation of Hsf1 transcriptional activity also results in survival consequences, with slow growth at optimal growth temperatures that is exacerbated during heat shock. Additionally, the activation domains of Hsf1 in the related yeast Lachancea kluyveri also associate with Hsp70, indicating that this interaction may be a conserved mechanism for regulation of Hsf1 transcriptional activity

    AN ANALYSIS OF A MATLAB SCRIPT FOR THE DOPPLER EFFECT

    Get PDF
    This report is a detailed outline of recreating the Doppler effect in Matlab. I have acquired a MATLAB script via the Internet and will attempt to explain how the script works in detail. I will also be doing a slight modification to the script by applying it to a wave file that the script was not intended for. This will then be concluded with an overview of my results and findings.Architecture & Allied Art

    AN ANALYSIS OF A MATLAB SCRIPT FOR THE DOPPLER EFFECT

    Get PDF
    This report is a detailed outline of recreating the Doppler effect in Matlab. I have acquired a MATLAB script via the Internet and will attempt to explain how the script works in detail. I will also be doing a slight modification to the script by applying it to a wave file that the script was not intended for. This will then be concluded with an overview of my results and findingsArchitecture & Allied Art

    Tenuous Legitimacy;the Administrative State, the Antigovernment Movement, and the Stability of the United States Constitutional Democracy

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    The public administration literature is inundated with books and articles despairing about the legitimacy crisis in the field. There have been numerous bases proposed for legitimizing the administrative state, including expertise, virtue or public service, and leadership and vision. Yet the issue remains contested, and the lack of agreement has wide reaching implications. One under-examined implication is the role that this tenuous legitimacy has in weakening the administrative state\u27s ability to temper anti-government sentiment. This dissertation explores the connections and patterns in the ideologies, actions, and philosophical foundations of strongly held views that the administrative state is an illegitimate democratic institution. These domestic anti-government ideologies are illuminated through case studies of the sovereign citizens movement, the modern militia movement, and the patriot movement. By studying these groups it becomes clear that the anti-government ideology is, at least partly, a result of these groups interactions with the administrative state. The implication of these cases is that the current legitimacy arguments are ineffective in countering these strongly held anti-government sentiments. This research argues that in order for citizens to, not only believe that the administrative state is legitimate, but to experience this, the administrative state must be legitimized in practice not in theory. For public administrators legitimizing the administrative state must include a more direct relationship with citizens in the practice of expertise, virtue and public service, and leadership and vision. Through this practice, not a tenuous theory, public administrators may be able to start repairing the relationship that they have with citizens and truly legitimize the administrative stat
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