3,476 research outputs found

    Data highway terminal controller

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    A data highway terminal controller with transmission controllers assigned to each processor in a set of multiple processors is described. Shared-use terminals are loop connected to the processors via the controllers

    Risk- & Regret-Averse Bidders in Sealed-Bid Auctions

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    Overbidding, bidding more than risk-neutral Bayesian Nash Equilibrium, is a widely observed phenomenon in virtually all experimental auctions. The scholars within the auction literature propose the risk-averse preference model to explain overbidding structurally. However, the risk-averse preference model predicts underbidding in such important classes of auctions as all-pay auctions. To solve this discrepancy, we construct a structural model of bidding behavior in sealed-bid auctions, one in which bidders may regret their decisions. Our model nests both risk-averse and regret-averse attitudes and aims to explain overbidding in a wider class of auctions. We first derive equilibrium first-order conditions, which are used for estimation and calibration analyses, and show monotonic increasing properties of equilibrium bidding functions. Second, we carry out structural estimation and calibration analyses based on experimental data from Kagel and Levin (1993) and Noussair and Silver (2006). With these structurally estimated parameters, we test the significance of bidders’ risk-averse and regret-averse attitudes. The estimation results show that bidders exhibit weak risk-averse (close to risk-neutral) and strong regret-averse attitudes. Furthermore, regret-averse attitudes are significant when bidders anticipate losing. Calibration results demonstrate that our risk- & regret-averse model can explain overbidding across all of the above IPV auctions. Third, we simulate our model with the estimated parameters and obtain revenue rankings numerically. This allows us to confirm the revenue supremacy in all-pay auctions reported in experimental auction literature. We discuss extensions to asymmetric and Common-Value (CV) auctions in our online appendix

    Instanton and Superconductivity in Supersymmetric CP(N-1) Model

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    The two dimensional supersymmetric CP(N-1) model has a striking similarity to the N=2 supersymmetric gauge theory in four dimensions. The BPS mass formula and the curve of the marginal stability (CMS), which exist in the four dimensional gauge theory, appears in this two dimensional CP(N-1) model. These two quntities are derived by a one-dimensional n-vector spin model in the large n limit for the N=2 case. This mapping is further investigated at the critical point. An application of the study of the BPS mass formula is proposed to the phenomena of the spin and charge separations in the Higgs phase.Comment: 6 page

    rCBFand the rCMRglucose in experimental hydrocephalus measured by the double tracer method of autoradiography

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    開始ページ、終了ページ: 冊子体のページ付

    Optical Absorption Study by Ab initio Downfolding Approach: Application to GaAs

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    We examine whether essence and quantitative aspects of electronic excitation spectra are correctly captured by an effective low-energy model constructed from an {\em ab initio} downfolding scheme. A global electronic structure is first calculated by {\em ab initio} density-functional calculations with the generalized gradient approximation. With the help of constrained density functional theory, the low-energy effective Hamiltonian for bands near the Fermi level is constructed by the downfolding procedure in the basis of maximally localized Wannier functions. The excited states of this low-energy effective Hamiltonian ascribed to an extended Hubbard model are calculated by using a low-energy solver. As the solver, we employ the Hartree-Fock approximation supplemented by the single-excitation configuration-interaction method considering electron-hole interactions. The present three-stage method is applied to GaAs, where eight bands are retained in the effective model after the downfolding. The resulting spectra well reproduce the experimental results, indicating that our downfolding scheme offers a satisfactory framework of the electronic structure calculation, particularly for the excitations and dynamics as well as for the ground state.Comment: 14 pages, 6 figures, and 1 tabl
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