102,401 research outputs found

    Magnesium and magnesium alloys as degradable metallic biomaterials

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    Drawbacks associated with permanent metallic implants lead to the search for degradable metallic biomaterials. Magnesium has been considered as it is essential to bodies and has a high biodegradation potential. For magnesium and its alloys to be used as biodegradable implant materials, their degradation rates should be consistent with the rate of healing of the affected tissue, and the release of the degradation products should be within the body's acceptable absorption levels. Conventional magnesium degrades rapidly, which is undesirable. In this study, biodegradation behaviours of high purity magnesium and commercial purity magnesium alloy AZ31 in both static and dynamic Hank's solution have been systematically investigated. The results show that magnesium purification and selective alloying are effective approaches to reduce the degradation rate of magnesium. In the static condition, the corrosion products accumulate on the materials surface as a protective layer, which results in a lower degradation rate than the dynamic condition. Anodised coating can significantly further reduce the degradation rate of magnesium. This study indicates that magnesium can be used as degradable implant materials as long as the degradation is controlled at a low rate. Magnesium purification, selective alloying and anodised coating are three effective approaches to reduce the rate of degradation

    Tests of Functional Form and Heteroscedasticity

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    This paper considers tests of misspecification in a heteroscedastic transformation model. We derive Lagrange multiplier (LM) statistics for (i) testing functional form and heteroscedasticity jointly, (ii) testing functional form in the presence of heteroscedasticity, and (iii) testing heteroscedasticity in the presence of data transformation. We present LM statistics based on the expected information matrix. For cases (i) and (ii), this is done assuming the Box-Cox transformation. For case (iii), the test does not depend on whether the functional form is estimated or pre-specified. Small-sample properties of the tests are assessed by Monte Carlo simulation, and comparisons are made with the likelihood ratio test and other versions of LM test. The results show that the expected-information based LM test has the most appropriate finite-sample empirical sizeFunctional Form, Heterscedasticity, Lagrange Multiplier Test

    Tests of Functional Form and Heteroscedasticity

    Get PDF
    This paper considers tests of misspecification in a heteroscedastic transformation model. We derive Lagrange multiplier (LM) statistics for (i) testing functional form and heteroscedasticity jointly, (ii) testing functional form in the presence of heteroscedasticity, and (iii) testing heteroscedasticity in the presence of data transformation. We present LM statistics based on the expected information matrix. For cases (i) and (ii), this is done assuming the Box-Cox transformation. For case (iii), the test does not depend on whether the functional form is estimated or pre-specified. Small-sample properties of the tests are assessed by Monte Carlo simulation, and comparisons are made with the likelihood ratio test and other versions of LM test. The results show that the expected-information based LM test has the most appropriate finite-sample empirical siFunctional Form, Hetersocedasticity, Lagrange Multiplier Test

    A comparative analysis of the value of information in a continuous time market model with partial information: the cases of log-utility and CRRA

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    We study the question what value an agent in a generalized Black-Scholes model with partial information attributes to the complementary information. To do this, we study the utility maximization problems from terminal wealth for the two cases partial information and full information. We assume that the drift term of the risky asset is a dynamic process of general linear type and that the two levels of observation correspond to whether this drift term is observable or not. Applying methods from stochastic filtering theory we derive an analytical tractable formula for the value of information in the case of logarithmic utility. For the case of constant relative risk aversion (CRRA) we derive a semianalytical formula, which uses as an input the numerical solution of a system of ODEs. For both cases we present a comparative analysis

    General covariant geometric momentum, gauge potential and a Dirac fermion on a two-dimensional sphere

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    For a particle that is constrained on an (N1N-1)-dimensional (N2N\geq2) curved surface, the Cartesian components of its momentum in NN-dimensional flat space is believed to offer a proper form of momentum for the particle on the surface, which is called the geometric momentum as it depends on the mean curvature. Once the momentum is made general covariance, the spin connection part can be interpreted as a gauge potential. The present study consists in two parts, the first is a discussion of the general framework for the general covariant geometric momentum. The second is devoted to a study of a Dirac fermion on a two-dimensional sphere and we show that there is the generalized total angular momentum whose three cartesian components form the su(2)su(2) algebra, obtained before by consideration of dynamics of the particle, and we demonstrate that there is no curvature-induced geometric potential for the fermion.Comment: 8 pages, no figure. Presentation improve
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