Pitfalls in vertical arrangements

A popular way of obtaining essential inputs requires the establishment of an input production joint venture (IPJV) in the upstream (U) section of the vertical chain of production by firms competing and selling final goods in the downstream (D) section of the vertical chain. In spite of the apparently simple arrangement there are many possible governances for the management of the IPJV according to the ownership structure and to the degree of delegation granted to the IPJV by parent firms. We explore the best sustainable governance arrangement for the IPJV. We address this question in a duopoly framwork and we find a large area of impossible vertical arrangements associated with technological asymmtery. The most likely governance of the vertical arrangment associated to the IPJV is total independence.

Spinons as Composite Fermions

We show that gauge invariant composites in the fermionic realization of $SU(N)_1$ conformal field theory explicitly exhibit the holomorphic factorization of the corresponding WZW primaries. In the $SU(2)_1$ case we show that the holomorphic sector realizes the spinon $Y(sl_2)$ algebra, thus allowing the classification of the chiral Fock space in terms of semionic quasi-particle excitations created by the composite fermions.Comment: SU(N)_1 case included. Final version to appear in Mod. Phys. Lett. A. Latex, 13 page

Diagnosing order by disorder in quantum spin systems

In this paper we study the frustrated J1-J2 quantum Heisenberg model on the square lattice for J2 > 2J1, in a magnetic field. In this regime the classical system is known to have a degenerate manifold of lowest energy configurations, where standard thermal order by disorder occurs. In order to study its quantum version we use a path integral formulation in terms of coherent states. We show that the classical degeneracy in the plane transverse to the magnetic field is lifted by quantum fluctuations. Collinear states are then selected, in a similar pattern to that set by thermal order by disorder, leaving a Z2 degeneracy. A careful analysis reveals a purely quantum mechanical effect given by the tunneling between the two minima selected by fluctuations. The effective description contains two planar (XY -like) fields conjugate to the total magnetization and the difference of the two sublattice magnetizations. Disorder in either or both of these fields produces the locking of their conjugate observables. Furthermore, within this scenario we argue that the quantum state is close to a product state.Comment: 8 pages, 3 figure

Religious attitudes and home bias: theory and evidence from a pilot study

This paper examines the relationship between religion and home bias. We propose a simple theoretical framework that suggests that countries interacting via their representative individuals might show a certain degree of religion-driven international altruism that in turn affects trade. We test these predictions exploiting data from a survey on religious attitudes and individuals' preferences over consumption of home-produced versus foreign goods that we designed and carried out in 15 different countries. We find evidence that religious openness and home bias are negatively correlated. This appears to provide some support to the hypothesis that religious openness, through trust and altruism, may have a pro-trade effect.

Equilibrium and Disorder-induced behavior in Quantum Light-Matter Systems

We analyze equilibrium properties of coupled-doped cavities described by the Jaynes-Cummings- Hubbard Hamiltonian. In particular, we characterize the entanglement of the system in relation to the insulating-superfluid phase transition. We point out the existence of a crossover inside the superfluid phase of the system when the excitations change from polaritonic to purely photonic. Using an ensemble statistical approach for small systems and stochastic-mean-field theory for large systems we analyze static disorder of the characteristic parameters of the system and explore the ground state induced statistics. We report on a variety of glassy phases deriving from the hybrid statistics of the system. On-site strong disorder induces insulating behavior through two different mechanisms. For disorder in the light-matter detuning, low energy cavities dominate the statistics allowing the excitations to localize and bunch in such cavities. In the case of disorder in the light- matter coupling, sites with strong coupling between light and matter become very significant, which enhances the Mott-like insulating behavior. Inter-site (hopping) disorder induces fluidity and the dominant sites are strongly coupled to each other.Comment: about 10 pages, 12 figure

Spin-phonon induced magnetic order in Kagome ice

We study the effects of lattice deformations on the Kagome spin ice, with Ising spins coupled by nearest neighbor exchange and long range dipolar interactions, in the presence of in-plane magnetic fields. We describe the lattice energy according to the Einstein model, where each site distortion is treated independently. Upon integration of lattice degrees of freedom, effective quadratic spin interactions arise. Classical MonteCarlo simulations are performed on the resulting model, retaining up to third neighbor interactions, under different directions of the magnetic field. We find that, as the effect of the deformation is increased, a rich plateau structure appears in the magnetization curves.Comment: 7 pages, 8 figure

Explicit connection between conformal field theory and 2+1 Chern-Simons theory

We give explicit field theoretical representations for the observables of 2+1 dimensional Chern-Simons theory in terms of gauge invariant composites of 2D WZW fields. To test our identification we compute some basic Wilson loop correlators reobtaining known results.Comment: 13 pages, Latex file. To appear in Mod.Phys.Lett.