Network externalities in a dynamic monopoly

We reconsider the role of network externalities in a dynamic spatial monopoly where the firm must invest in order to accumulate capacity, while consumers may have either linear or quadratic preferences. We (1) characterise saddle point equilibria, (2) prove that the extent of market coverage is increasing in the network effect and (3) unlike the existing static literature on the same problem, the monopolist may not make introductory price offers. Then, we briefly deal with the socially optimal solution, showing that, in general, a planner would serve more consumers than a profit-seeking monopolist.      

Nonaqueous diazotization of 4-amino-3-arylisothiazole-5-carboxylate esters

4-Amino-3-arylisothiazole-5-carboxylate esters are converted to the corresponding desamino, chloro, bromo, and iodo esters by processes involving nonaqueous diazotization. These related procedures open up the possibility for the conversion of readily available heterocyclic ortho-amino esters and nitriles to related heterocyclic derivatives, which are not easily obtained by alternate routes.     

Developing professional judgement with the aid of a ‘low-profile’ group support system

This paper reports positive results from an application of one type of group support system (GSS) to a training application. Reviews of the findings of other trials of GSS have been mixed, and inconclusive. We describe the results of a series of seven training sessions in a field-based application of group process support. The subjects were professionals working in various agencies concerned with the welfare of older people. A ‘low-profile’ type of group support system, based on wireless handsets, was used. This design enabled responses from each participant to be input and displayed anonymously. Each session was aimed at stimulating a dialogue focused on the reasons for differences of judgement, as displayed on a single projected feedback screen. Changes of individual judgements were recorded for subsequent analysis and comparison with already known ‘expert judgements’. Frequent changes of judgement were recorded. A significant proportion of these were related to an improvement, which could not be explained as simply the result of conforming behaviour. We propose that the mode of operation and design of a ‘low-profile’ GSS have the potential to create a learning environment by reducing personal anxieties while encouraging group-based learning with focussed conversation. We conclude that this type of GSS design is particularly suited to ‘selective’-type tasks in groups.     

On Lattices of Uniformities

We study lattice theoretical properties of lattices of uniformities such as modularity, distributive laws and the existence of (relative) complements. For this the concepts of permutable uniformities (see Definition 3.1) and independent uniformities (see Definition 4.1) are important. Moreover, we show that e.g. the lattice of all lattice uniformities on a lattice L is a closed sublattice of the lattice of all uniformities on L.     

Quotient probabilistic normed spaces and completeness results

We introduce the concept of quotient in PN spaces and give some examples. We prove some theorems with regard to the completeness of a quotient.     

A dynamic scorecard for monitoring baseline performance with application to tracking a mortgage portfolio

A principled technique for monitoring the performance of a consumer credit scorecard through time is derived from Kalman filtering. Standard approaches sporadically compare certain characteristics of the new applicants with those predicted from the scorecard. The new approach systematically updates the scorecard combining new applicant information with the previous best estimate. The dynamically updated scorecard is tracked through time and compared to limits calculated by sequential simulation from the baseline scorecard. The observation equation of the Kalman filter is tailored to take the results of fitting local scorecards by logistic regression to batches of new clients that arrive in the current time interval. The states in the Kalman filter represent the true or underlying score for each attribute in the card: the parameters of the logistic regression. Their progress in time is modelled by a random walk and the filter provides the best estimate of the scores using past and present information. We illustrate the technique using a commercial mortgage portfolio and the results indicate significant emerging deficiencies in the baseline scorecard.     

A short and efficient synthesis of grisan

A three-step synthesis of grisan (spiro[benzofuran-2(3H)-1′-cyclohexane]), using methoxymethoxybenzene and 1-chloromethylcyclohexene as starting materials, is described.     

Completeness and compactness for varieties over a local field

This paper shows that for a local field K, a subfield k ⊂ K and a variety X over k, X is complete if and only if for every finite field extension Kʹ | K, the set X(Kʹ) is compact in its strong topology. The author likes to thank Florian Pop, Jakob Stix, Stefan Wewers, Gunther Cornelissen and his own parents for their support. Received: 13 April 2006     

Area,coarea, and approximation in <Emphasis Type="Italic">W</Emphasis><Superscript>1,1</Superscript>

Let Ω⊂ℝ ⁿ be an arbitrary open set. We characterize the space W ^1,1 _loc(Ω) using variants of the classical area and coarea formulas. We use these characterizations to obtain a norm approximation and trace theorems for functions in the space W ^1,1(ℝ ⁿ ).     

Group-valued measures on coarse-grained quantum logics

In [3] it was shown that a (real) signed measure on a cyclic coarse-grained quantum logic can be extended, as a signed measure, over the entire power algebra. Later ([9]) this result was re-proved (and further improved on) and, moreover, the non-negative measures were shown to allow for extensions as non-negative measures. In both cases the proof technique used was the technique of linear algebra. In this paper we further generalize the results cited by extending group-valued measures on cyclic coarse-grained quantum logics (or non-negative group-valued measures for lattice-ordered groups). Obviously, the proof technique is entirely different from that of the preceding papers. In addition, we provide a new combinatorial argument for describing all atoms of cyclic coarse-grained quantum logics.