Refraction of shear zones in granular materials

We study strain localization in slow shear flow focusing on layered granular materials. A heretofore unknown effect is presented here. We show that shear zones are refracted at material interfaces in analogy with refraction of light beams in optics. This phenomenon can be obtained as a consequence of a recent variational model of shear zones. The predictions of the model are tested and confirmed by 3D discrete element simulations. We found that shear zones follow Snell's law of light refraction.Comment: 4 pages, 3 figures, minor changes, jounal ref. adde

Let's Get "Real" about Using Economic Data

We show that using data which are properly available in real time when assessing the sensitivity of asset prices to economic news leads to different empirical findings that when data availability and timing issues are ignored. We do this by focusing on a particular example, namely Chen, Roll and Ross (1986), and examine whether innovations to economic variables can be viewed as risks that are rewarded in asset markets. Our findings support the view that data uncertainty is sufficiently prevalent to warrant careful use of real-time data when forming real-time news measures, and in general when undertaking empirical financial investigations involving macroeconomic data. Nous démontrons que l'utilisation de données qui sont disponibles en temps réel pour établir la sensibilité des prix d'actifs aux nouvelles économiques mène à des résultats empiriques différents de ceux obtenus lorsque la disponibilité des données et les considérations temporelles ne sont pas prises en compte. Pour ce faire, nous nous concentrons sur un exemple en particulier, c'est-à-dire Chen, Roll et Ross (1986), et nous regardons si les innovations aux variables économiques peuvent être perçues comme étant des risques qui sont récompensés dans les marchés des actifs. Nos résultats entérinent la présomption que l'incertitude des données est suffisamment prévalente pour assurer une utilisation prudente des données en temps réel lors de l'établissement de mesures de nouvelles en temps réel, et en général lorsqu'on entreprend des enquêtes financières empiriques impliquant des données macroéconomiques.Market efficiency, expectations, news, data revision process, Efficacité des marchés, attentes, nouvelles, processus de révision des données

Asteroid Cooling Rates Indicated by K-Feldspar Exsolution Textures in H4 Ordinary Chondrites

Undisturbed thermal metamorphism in ordinary chondrite (OC) asteroids, produced through the radioactive decay of 26Al, is expected to result in an onion-shell-like structure. In such a structure, the inner layers of the asteroid experience more extensive thermal metamorphism, as represented by higher petrologic type, than the exterior layers. Furthermore, cooling rates are expected to be slower for OCs of high petrologic type than those of low petrologic type. However, cooling rates determined using metallographic methods and pyroxene diffusion are inconsistent with onion-shell-style cooling and have resulted in new models. These models argue for the disruption of the asteroid after peak metamorphism followed by reaccretion into a rubble pile. Improved constraints on cooling rates would provide a better understanding of the timing and scale of disruptive events. Feldspar microtextures are another tool that can be used to determine asteroid cooling rates. In OC chondrules, plagioclase is present as either a primary phase, or a secondary phase forming from the crystallization of mesostasis glass through petrologic type 4, followed by chemical and textural equilibration. Potas-sium feldspar is observed in petrologic types 3.6-6, as either patches or lamellae exsolved from albite in a perthite texture, often near pores or fractures. Exsolution occurs most commonly, and most extensively, in petrologic type 4. Because the feldspar exsolution wavelength is related to the rate at which grains cooled from the solvus temperature, determined from the minerals bulk composition, the chondrite cooling rate can be measured from regions of exsolution. We have previously reported the perthite exsolution cooling rate of Avanhandava, an H4 chondrite, to be 1 C per 1-4 months over a temperature interval of 765-670 C. A peristerite exsolution texture was also present in the Na-rich lamellae for which we estimated a cooling rate of 1 C in 103-104 years from 570-540 C. Overall, the cooling rates determined from Avanhandava are consistent with pyroxene diffusion (fast cooling at high temperatures) and metallographic rates (slow cooling at low temperatures), hence with the rubble pile model of disruption and reaccretion. Here, we characterize feldspar microtextures in four additional H4 chondrites to test the consistency of feldspar cooling rates across a range of samples. We show that all H4s are similar and support rubble pile models

The Role of Solar Wind Ion Processing in Space Weathering of Olivine: Unraveling the Paradox of Laboratory Irradiation Results Compared to Observations of Natural Samples

Ion irradiation by the solar wind plays a major role in space weathering. Among its multiple effects are ion damage and implantation processes that alter the crystal structure as well as chemical composition of the outer few 100 nanometers of space exposed regolith grains. This forms a portion of the space weathered rims on lunar and asteroidal regolith grains that is uniquely ion-processed. One aspect of these ion-processed grain rims is the possible link between their widths, and degree of ion damage, and the length of exposure of their host grain on the topmost surface of lunar and asteroidal regoliths. Ultimately, quantifying this link relies on laboratory ion irradiation experiments to calibrate the ion fluence or dose at which different degrees and depths of ion damage occur. Here we discuss evidence, specifically from the mineral olivine, suggesting there may be limitations in extrapolating the results of laboratory ion irradiation experiments to natural ion irradiation by the solar wind

Let's Get "Real" about Using Economic Data.

We show that using data which are properly available in real time when assessing the sensitivity of asset prices to economic news leads to different empirical findings than when data availability and timing issues are ignored. We do this by focusing on a particular example, namely Chen, Roll and Ross (1986), and examine whether innovations to economic variables can be viewed as risks that are rewarded in asset markets. Our findings support the view that data uncertainty is sufficiently prevalent to warrant careful use of real-time data when forming real-time news measures, and in general when undertaking empirical financial investigations involving macroeconomic data.

The Smallest Lunar Grains: Analytical TEM Characterization of the Sub-micron Size Fraction of a Mare Soil

The chemical composition, mineralogical type, and morphology of lunar regolith grains changes considerably with decreasing size, and below the approx.25 m size range the correlation between these parameters and remotely-sensed lunar surface properties connected to space weathering increases significantly. Although trends for these parameters across grain size intervals greater than 20 m are now well established, the 0 to 20 m size interval remains relatively un-subdivided with respect to variations in grain modal composition, chemistry and microstructure. Of particular interest in this size range are grains in the approximate < 1 m diameter class, whose fundamental properties are now the focus of lunar research pertaining to electrostatic grain transport, dusty plasmas, and lunar dust effects on crew health and exploration systems. In this study we have used analytical transmission electron microscopy (TEM) to characterize the mineralogy, microstructure and major element composition of grains below the 1 m size threshold in lunar soil 10084

Spring production of Calanus finmarchicus at the Iceland-Scotland Ridge

Distribution and reproduction activity of the calanoid copepod Calanus finmarchicus were studied in the waters between Scotland and Iceland in April 1997 during the expected time of the animals' ascent to surface waters following diapause. Ascent was taking place on both sides of the Iceland-Scotland Ridge, apparently from two separate overwintering centers. The population on the Faroe Shelf (FS) most likely came from the overwintering population in the Faroe Shetland Channel (FSC). Per capita egg production was highest on the FS (> 30 eggs female -1d-1) and lowest in the Iceland Basin (10 eggs female -1d-1). The maximum clutch size recorded was on the FS (145 eggs). As the maximum clutch sizes that females produced were between 40% and 77% (area averages of the station maximum rates) of their size-specific reproduction potential, it is argued that egg production rates were generally food-limited. Chlorophyll a concentrations were, at all but one station, under 1 ugL-1. Chlorophyll-based ingestion could, theoretically, support the observed average egg production rates in the Iceland Basin and on the FS but only about 30% of the observed production at the stations in the East Icelandic Current (EIC). The carbon assimilated through ingestion of phytoplankton, Calanus own eggs andnauplii in the EIC was estimated to be too low to support the frequently observed production of clutches consisting of over 100 eggs. Cannibalism on eggs and nauplii was not likely to have constituted a significant component of dietary carbon intake. However, a combination of feeding and assimilation of reserved lipid remaining from overwintering could be sufficient to explain the observed per capita egg production rates. C. finmarchicus copepod stages 1-3 were only recorded in considerable numbers only on the FS. This suggests higher survival rates of eggs in the shelf waters

Value at Risk models with long memory features and their economic performance

We study alternative dynamics for Value at Risk (VaR) that incorporate a slow moving component and information on recent aggregate returns in established quantile (auto) regression models. These models are compared on their economic performance, and also on metrics of first-order importance such as violation ratios. By better economic performance, we mean that changes in the VaR forecasts should have a lower variance to reduce transaction costs and should lead to lower exceedance sizes without raising the average level of the VaR. We find that, in combination with a targeted estimation strategy, our proposed models lead to improved performance in both statistical and economic terms

Space Plasma Ion Processing of Ilmenite in the Lunar Soil: Insights from In-Situ TEM Ion Irradiation Experiments

Space weathering on the moon and asteroids results largely from the alteration of the outer surfaces of regolith grains by the combined effects of solar ion irradiation and other processes that include deposition of impact or sputter-derived vapors. Although no longer considered the sole driver of space weathering, solar ion irradiation remains a key part of the space weathering puzzle, and quantitative data on its effects on regolith minerals are still in short supply. For the lunar regolith, previous transmission electron microscope (TEM) studies performed by ourselves and others have uncovered altered rims on ilmenite (FeTiO3) grains that point to this phase as a unique "witness plate" for unraveling nanoscale space weathering processes. Most notably, the radiation processed portions of these ilmenite rims consistently have a crystalline structure, in contrast to radiation damaged rims on regolith silicates that are characteristically amorphous. While this has tended to support informal designation of ilmenite as a "radiation resistant" regolith mineral, there are to date no experimental data that directly and quantitatively compare ilmenite s response to ion radiation relative to lunar silicates. Such data are needed because the radiation processed rims on ilmenite grains, although crystalline, are microstructurally and chemically complex, and exhibit changes linked to the formation of nanophase Fe metal, a key space weathering process. We report here the first ion radiation processing study of ilmenite performed by in-situ means using the Intermediate Voltage Electron Microscope- Tandem Irradiation facility (IVEM-Tandem) at Argonne National Laboratory. The capability of this facility for performing real time TEM observations of samples concurrent with ion irradiation makes it uniquely suited for studying the dose-dependence of amorphization and other changes in irradiated samples

Irradiation Effects in Fosterrite and the Nature of Interstellar Grains: A Coordinated Spectroscopy and Electron Microscopy Study

Crystalline and amorphous silicates condense in the outflows of low mass evolved stars and massive red supergiant stars and are injected into the interstellar medium (ISM) where they are rendered almost completely amorphous by a multitude of destructive processes (e.g. shock, grain-grain collisions, and irradiation). Irradiation effects in particular may have played an important role in the genesis and modification of primitive grains in cometary dust, but unraveling those effects requires controlled experiments under appropriate conditions and with an emphasis on materials relevant to the ISM. Here we report our infrared (IR) microspectroscopy and trans-mission electron microscope (TEM) measurements on forsterite that was amorphized through irradiation by high energy heavy ions