Do Emotions Benefit Investment Decisions? Anticipatory Emotion and Investment Decisions in Non-professional Investors

Increasing financial trading performance is big business. A lingering question within academia and industry concerns whether emotions improve or degrade trading performance. In this study, 30 participants distributed hypothetical wealth between a share (a risk) and the bank (paying a small, sure, gain) within four trading games. Skin Conductance Response was measured while playing the games to measure anticipatory emotion, a covert emotion signal that impacts decision-making. Anticipatory emotion was significantly associated with trading performance but the direction of the correlation was dependent upon the share’s movement. Thus, anticipatory emotion is neither wholly “good” nor “bad” for trading; instead, the relationship is context-dependent. This is one of the first studies exploring the association between anticipatory emotion and trading behaviour using trading games within an experimentally rigorous environment. Our findings elucidate the relationship between anticipatory emotion and financial decision-making and have applications for improving trading performance in novice and expert traders

Transit observations at the observatory in Grossschwabhausen: XO-1b and TrES-1

We report on observations of transit events of the transiting planets XO-1b and TrES-1 with the AIU Jena telescope in Grossschwabhausen. Based on our IR photometry (in March 2007) and available transit timings (SuperWASP, XO and TLC-project-data) we improved the orbital period of XO-1b (P = 3.941497$\pm$0.000006) and TrES-1 (P = 3.0300737$\pm$0.000006), respectively. The new ephemeris for the both systems are presented.Comment: 4 pages, 2 figure

53BP1 contributes to a robust genomic stability in human fibroblasts

Faithful repair of damaged DNA is a crucial process in maintaining cell viability and function. A multitude of factors and pathways guides this process and includes repair proteins and cell cycle checkpoint factors. Differences in the maintenance of genomic processes are one feature that may contribute to species-specific differences in lifespan. We predicted that 53BP1, a key transducer of the DNA damage response and cell cycle checkpoint control, is highly involved in maintaining genomic stability and may function differently in cells from different species. We demonstrate a difference in the levels and recruitment of 53BP1 in mouse and human cells following DNA damage. In addition, we show that unresolved DNA damage persists more in mouse cells than in human cells, as evidenced by increased numbers of micronuclei. The difference in micronuclei seems to be related to the levels of 53BP1 present in cells. Finally, we present evidence that unresolved DNA damage correlates with species lifespan. Taken together, these studies suggest a link between recruitment of 53BP1, resolution of DNA damage, and increased species lifespan

Towards the Rosetta Stone of planet formation

Transiting exoplanets (TEPs) observed just about 10 Myrs after formation of their host systems may serve as the Rosetta Stone for planet formation theories. They would give strong constraints on several aspects of planet formation, e.g. time-scales (planet formation would then be possible within 10 Myrs), the radius of the planet could indicate whether planets form by gravitational collapse (being larger when young) or accretion growth (being smaller when young). We present a survey, the main goal of which is to find and then characterise TEPs in very young open clusters.Comment: Poster contribution to Detection and Dynamics of Transiting Exoplanets (Haute Provence Observatory Colloquium, 23-27 August 2010

On the Stratospheric Aerosol and Gas Experiment III on the International Space Station

The Stratospheric Aerosol and Gas Experiment III on International Space Station (SAGE3/ISS) is anticipated to be delivered to Cape Canaveral in the spring of 2015. This is the fourth generation, fifth instrument, of visible/near-IR solar occultation instruments operated by the National Aeronautics and Space Agency (NASA) to investigate the Earth's upper atmosphere. The instrument is a moderate resolution spectrometer covering wavelengths from 290 nm to 1550 nm. The nominal science products include vertical profiles of trace gases, such as ozone, nitrogen dioxide and water vapor, along with multi-wavelength aerosol extinction. The SAGE3/ISS validation program will be based upon internal consistency of the measurements, detailed analysis of the retrieval algorithm, and comparisons with independent correlative measurements. The Instrument Payload (IP), mission architecture, and major challenges are also discussed

Transit observation at the observatory in Großschwabhausen: XO-1b and TrES-1

We report on observations of transit events of the transiting planets XO-1b and TrES-1 with the AIU Jena telescope in Großschwabhausen. Based on our (IR) photometry (in March 2007) and available transit timings (SuperWASP, XO and TLC-project-data) we improved the orbital period of XO-1b (P = 3.941497 ± 0.000006) and TrES-1 (P = 3.0300737 ± 0.000006), respectively. The new ephemeris for the both systems are presente

Observations of the transiting planet TrES-2 with the AIU Jena telescope in Großschwabhausen

We have started high precision photometric monitoring observations at the AIU Jena observatory in Großschwabhausen near Jena in fall 2006. We used a 25.4cm Cassegrain telescope equipped with a CCD-camera mounted piggyback on a 90cm telescope. To test the attainable photometric precision, we observed stars with known transiting planets. We could recover all planetary transits observed by us. We observed the parent star of the transiting planet TrES-2 over a longer period in Großschwabhausen. Between March and November 2007 seven different transits and almost a complete orbital period were analyzed. Overall, in 31 nights of observation 3423 exposures (in total 57.05h of observation) of the TrES-2 parent star were taken. Here, we present our methods and the resulting light curves. Using our observations we could improve the orbital parameters of the syste

A long-period massive planet around HD106515A

We have performed RV monitoring of the components of the binary system HD 106515 over about 11 years using the high resolution spectrograph SARG at TNG. The primary shows long-period radial velocity variations that indicate the presence of a low mass companion whose projected mass is in the planetary regime (m sin i = 9.33 Mjup). The 9.8 years orbit results quite eccentric (e=0.57), as typical for massive giant planets. Our results confirm the preliminary announcement of the planet included in Mayor et al. (2011). The secondary instead does not show significant RV variations. The two components do not differ significantly in chemical composition, as found for other pairs for which one component hosts giant planets. Adaptive optics images obtained with AdOpt@TNG do not reveal additional stellar companions. From the analysis of the relative astrometry of the components of the wide pair we put an upper limit on the mass of the newly detected companion of about 0.25 Msun. State of art or near future instrumentation can provide true mass determination, thanks to the availability of the wide companion HD106515B as reference. Therefore, HD106515Ab will allow deeper insight in the transition region between planets and brown dwarfs.Comment: A&A, accepted, 8 pages, 10 figure

Multi-site campaign for transit timing variations of WASP-12 b: possible detection of a long-period signal of planetary origin

The transiting planet WASP-12 b was identified as a potential target for transit timing studies because a departure from a linear ephemeris was reported in the literature. Such deviations could be caused by an additional planet in the system. We attempt to confirm the existence of claimed variations in transit timing and interpret its origin. We organised a multi-site campaign to observe transits by WASP-12 b in three observing seasons, using 0.5-2.6-metre telescopes. We obtained 61 transit light curves, many of them with sub-millimagnitude precision. The simultaneous analysis of the best-quality datasets allowed us to obtain refined system parameters, which agree with values reported in previous studies. The residuals versus a linear ephemeris reveal a possible periodic signal that may be approximated by a sinusoid with an amplitude of 0.00068+/-0.00013 d and period of 500+/-20 orbital periods of WASP-12 b. The joint analysis of timing data and published radial velocity measurements results in a two-planet model which better explains observations than single-planet scenarios. We hypothesize that WASP-12 b might be not the only planet in the system and there might be the additional 0.1 M_Jup body on a 3.6-d eccentric orbit. A dynamical analysis indicates that the proposed two-planet system is stable over long timescales.Comment: Accepted for publication in A&