Elicited Bid Functions in a (a)Symmetric First-Price Auctions

We report on a series of experiments that examine bidding behavior in first-price sealed bid auctions with symmetric and asymmetric bidders.To study the extent of strategic behavior, we use an experimental design that elicits bidders complete bid functions in each round (auction) of the experiment.In the aggregate, behavior is consistent with the basic equilibrium predictions for risk neutral or homogenous risk averse bidders (extent of bid shading, average seller s revenues and deviations from equilibrium).However, when we look at the extent of best reply behavior and the shape of bid functions, we find that individual behavior is not in line with the received equilibrium models, although it exhibits strategic sophistication.auctions;bidding;strategy;behavioural science;general equilibrium;risk

Achieving guest satisfaction through the agritourism experience: the case of Cyprus

Tourism is being appreciated for its plentiful positive (e.g.) economic impacts upon worldwide destinations. Even so, its uncontrolled development has caused a number of negative (e.g.) sociocultural effects which have led to the concept of tourism sustainability to be in the spotlight. Rural tourism was sought by global destinations as a sustainable form of tourism which could revive rural communities. One such destination which sought tourism diversification while acknowledging the potential benefits of rural tourism is the Mediterranean island of Cyprus. Being concerned with uncontrolled tourism development especially in the coastal areas, the official bodies of the island implemented the agritourism program. Through its promotion the destination sought tourism diversification and economic regeneration of the countryside. However, the success of the program may be argued, on the basis that it has only achieved low occupancy rates. In view of this, researchers note that the success of any tourism sector requires guest satisfaction achievement. Yet it appears evident that there is a lack of an investigation of agritourist satisfaction, while the answer to the question ‘how can agritourist satisfaction be achieved’ still remains elusive. In fact it seems that the agritourist satisfaction process has escaped the attention of global tourism researchers and demands further exploration

Three-dimensional changes in the position of unopposed molars in adults

The aim of this study was to longitudinally examine, in adults, changes of position in the three dimensions of maxillary molars unopposed for more than 10 years. Twelve healthy mature adults (six males, six females; mean age 45 years 11 months) with unopposed molars were followed-up for a mean period of 10 years 7 months. Plaster casts were made at the first and last examination. The patients presented 22 unopposed maxillary molars at both recordings and 14 posterior teeth with antagonists, at least one in each subject, without significant modifications during the study period. On three-dimensional scanned plaster casts, changes in the centroid of the occlusal surface were measured in the three dimensions. The changes observed on both occasions were compared with a t-test. Vertical displacement of unopposed molars [0.8 mm, standard deviation (SD) 0.65 mm] and controls (0.4 mm, SD 0.2 mm) was noted. The unopposed teeth overerupted more than the controls (P ≤ 0.06); periodontally affected molars erupted more than periodontally healthy molars (P ≤ 0.01). There was significant mesial displacement of unopposed molars without mesially adjacent teeth when compared with their respective controls (P ≤ 0.04). Palatal movement was observed in the unopposed teeth (0.9 mm, SD 0.6 mm) and was significantly greater than that in the controls (0.5 mm, SD 0.3 mm; P ≤ 0.02). There is displacement of unopposed teeth in the three dimensions in the long term, although this is clinically insignificant in periodontally healthy adults. The observed changes are either the result of late growth remodelling or a consequence of altered dental equilibrium following antagonist tooth los

Electric‐field dependence of interband transitions in In_(0.53)Ga_(0.47)As/In_(0.52)Al_(0.48)As single quantum wells by room‐temperature electrotransmittance

Room‐temperature electrotransmittance has been used in order to investigate the interband excitonic transitions in a 250‐Å‐thick In_(0.53)Ga_(0.47)As/In_(0.52)Al_(0.48)As single‐quantum‐well system as a function of an externally applied electric field. Parity forbidden transitions, involving conduction‐band states with quantum numbers up to n=5, which become more pronounced at high electric fields were observed. The ground‐state and the forbidden transitions showed a significant red shift due to the quantum confined Stark effect. A comparison with previously reported results on thinner InGaAs/InAlAs quantum wells indicated that the wide‐well sample exhibits the largest shift, as expected from theory. Despite the appreciable Stark shift, the rather large, field‐induced linewidth broadening and the relatively low electric field at which the ground‐state exciton is ionized poses limitations on using this wide‐quantum‐well system for electro‐optic applications

'Diverse mobilities': second-generation Greek-Germans engage with the homeland as children and as adults

This paper is about the children of Greek labour migrants in Germany. We focus on two life-stages of ‘return’ for this second generation: as young children brought to Greece on holidays or sent back for longer periods, and as young adults exercising an independent ‘return’ migration. We draw both on literature and on our own field interviews with 50 first- and second-generation Greek-Germans. We find the practise of sending young children back to Greece to have been surprisingly widespread yet little documented. Adult relocation to the parental homeland takes place for five reasons: (i) a ‘search for self’; (ii) attraction of the Greek way of life; (iii) the actualisation of the ‘family narrative of return’ by the second, rather than the first, generation; (iv) life-stage events such as going to university or marrying a Greek; (v) escape from a traumatic event or oppressive family situation. Yet the return often brings difficulties, disillusionment, identity reappraisal, and a re-evaluation of the German context

The dust trail complex of comet 79P/du Toit-Hartley and meteor outbursts at Mars

The original publication is available in Astronomy & Astrophysics at www.aanda.org.International audienceAims. Meteoroid trails ejected during past perihelion passages of the Mars-orbit-intersecting comet 79P/du Toit-Hartley have the potential of generating meteor outbursts in the Martian atmosphere. Depending on timing and intensity, the effects of these outbursts may be detectable by instrumentation operating in the vicinity of Mars. We aim to generate predictions for meteor activity in the martian atmosphere related to that comet; to search for evidence, in planetary mission data, that such activity took place; and to make predictions for potentially detectable future activity. Methods. We have modelled the stream by integrating numerically the states of particle ensembles, each ensemble representing a trail of meteoroids ejected from the comet during 39 perihelion passages from 1803, and propagated them forward in time, concentrating on those particles that physically approach Mars in the recent past and near future. Results. We find several instances where meteor outbursts of low to moderate intensity may have taken place at Mars since 1997. A search through Mars Global Surveyor (MGS) radio science data during two periods in 2003 and 2005 when data coverage was available showed that a plasma layer did indeed form in the martian ionosphere for a period of a few hours in April 2003 as a direct consequence of the predicted outburst. The apparent failure to identify such an event in 2005 could be due to those meteoroids ablating lower in the atmosphere or that the cometary dust follows a different particle size distribution than what was assumed. Our study highlights the need for further theoretical modelling of the response of the martian ionosphere to a time-variable meteoroid flux, observations of the comet itself and, most importantly, regular monitoring of the martian ionosphere during future outbursts predicted by our model

Derived Demand for Fresh Cheese Products Imported into Japan

The objective of this article is to estimate the derived demand for imported fresh cheese products into Japan when fresh cheese import data are disaggregated by source country of production. We provide empirical measures of the sensitivity of demand to changes in total imports, own-price, and cross-prices among exporting countries for fresh cheese. Japan's derived demand for U.S. fresh cheese products is perfectly inelastic. Thus, the import demand competition among importing countries should be based upon differences in product characteristics.Demand and Price Analysis, International Relations/Trade,