Ion temperature gradient turbulence in helical and axisymmetric RFP plasmas

Turbulence induced by the ion temperature gradient (ITG) is investigated in the helical and axisymmetric plasma states of a reversed field pinch device by means of gyrokinetic calculations. The two magnetic configurations are systematically compared, both linearly and nonlinearly, in order to evaluate the impact of the geometry on the instability and its ensuing transport, as well as on the production of zonal flows. Despite its enhanced confinement, the high-current helical state demonstrates a lower ITG stability threshold compared to the axisymmetric state, and ITG turbulence is expected to become an important contributor to the total heat transport.Comment: 8 pages, to appear in Phys. Plasma

Distinct turbulence saturation regimes in stellarators

In the complex 3D magnetic fields of stellarators, ion-temperature-gradient turbulence is shown to have two distinct saturation regimes, as revealed by petascale numerical simulations, and explained by a simple turbulence theory. The first regime is marked by strong zonal flows, and matches previous observations in tokamaks. The newly observed second regime, in contrast, exhibits small- scale quasi-two-dimensional turbulence, negligible zonal flows, and, surprisingly, a weaker heat flux scaling. Our findings suggest that key details of the magnetic geometry control turbulence in stellarators.Comment: Erratum added to en

MERLIN imaging of the maser flare in Markarian 348

MERLIN images of Mrk 348 at 22 GHz show water maser emission at 0.02 - 0.11 Jy, within approximately 0.8 pc of the nucleus. This is the first direct confirmation that molecular material exists close to the Seyfert 2 nucleus. Mrk 348 was observed in 2000 May one month after Falcke et al. (2000) first identified the maser in single-dish spectra. The peak maser flux density has increased about threefold. The masing region is < 0.6 pc in radius. The flux density of radio continuum emission from the core has been rising for about 2 years. The maser-core separation is barely resolved but at the 3 sigma significance level they are not coincident along the line of sight. The masers lie in the direction of the northern radio lobes and probably emanate from material shocked by a jet with velocity close to c. The correlation between the radio continuum increase and maser flare is explained as arising from high level nuclear activity through a common excitation mechanism although direct maser amplification of the core by masers tracing a Keplerian disc is not completely ruled out.Comment: Accepted by MNRAS Letters, 5 pages, 3 figures, corrections in text and figur

Signature of a universal statistical description for drift-wave plasma turbulence

This Letter provides a theoretical interpretation of numerically generated probability density functions (PDFs) of intermittent plasma transport events. Specifically, nonlinear gyrokinetic simulations of ion-temperature-gradient turbulence produce time series of heat flux which exhibit manifestly non-Gaussian PDFs with enhanced tails. It is demonstrated that, after the removal of autocorrelations, the numerical PDFs can be matched with predictions from a fluid theoretical setup, based on the instanton method. This result points to a universality in the modeling of intermittent stochastic process, offering predictive capability.Comment: 4 pages, 5 figure

Financial crisis, intervention and performance measurement

Aspects of the financial markets that became apparent in the 2008 crisis were exacerbated by the intervention of monetary authorities. Financial markets under stress validate the general concept of Prospect Theory, under certain assumptions about the distributional characteristics of asset returns. This validation points to the need for re-examining performance metrics, such as the Sharpe Ratio and the Information Ratio. This analysis proposes new ratios that accommodate a higher moment of the portfolio return distribution. This alteration is reflected by the qualitative analysis of investment managers, which is performed by the performance evaluation industry, as it pertains to fixed income.peer-reviewe

Collisionless microinstabilities in stellarators II - numerical simulations

Microinstabilities exhibit a rich variety of behavior in stellarators due to the many degrees of freedom in the magnetic geometry. It has recently been found that certain stellarators (quasi-isodynamic ones with maximum-$J$ geometry) are partly resilient to trapped-particle instabilities, because fast-bouncing particles tend to extract energy from these modes near marginal stability. In reality, stellarators are never perfectly quasi-isodynamic, and the question thus arises whether they still benefit from enhanced stability. Here the stability properties of Wendelstein 7-X and a more quasi-isodynamic configuration, QIPC, are investigated numerically and compared with the National Compact Stellarator Experiment (NCSX) and the DIII-D tokamak. In gyrokinetic simulations, performed with the gyrokinetic code GENE in the electrostatic and collisionless approximation, ion-temperature-gradient modes, trapped-electron modes and mixed-type instabilities are studied. Wendelstein 7-X and QIPC exhibit significantly reduced growth rates for all simulations that include kinetic electrons, and the latter are indeed found to be stabilizing in the energy budget. These results suggest that imperfectly optimized stellarators can retain most of the stabilizing properties predicted for perfect maximum-$J$ configurations.Comment: 15 pages, 40 figure

Nonlinearity And The Forward Premium Anomaly

Speculative efficiency (the ability to profit without bearing commensurate risk in foreign exchange markets) is predicated on the forward premium anomaly. Market efficiency still manifests itself in the form of nonlinear adjustments, eroding excess profits. The returns on foreign exchange speculation may not behave in a market-efficient manner except at average values of interest-rate differentials. This study suggests that market efficiency holds as a result of a hedging relation between linear and nonlinear responses of returns

Solar System Experiments and the Interpretation of Saa's Model of Gravity with Propagating Torsion as a Theory with Variable Plank "Constant"

It is shown that the recently proposed interpretation of the transposed equi-affine theory of gravity as a theory with variable Plank "constant" is inconsistent with basic solar system gravitational experiments.Comment: 6 pages, latex, no figures. Typos correcte