Evaluation of firm’s loss due to incomplete information in real investment decision

We investigate the effect of incomplete information in a model where a start-up with a unique idea and technology pioneers a new market but will eventually be expelled from the market by a large firm’s subsequent entry. We evaluate the start-up’s loss due to incomplete information about the large firm’s behavior. We clarify conditions under which the start-up needs more information about the large firm. The proposed method of evaluating the loss due to incomplete information could also be applied to other real options models involving incomplete information.     

Dimensional stability of regenerated cellulose film in relation to orientations of crystalline and noncrystalline phases

The dimensional stability of regenerated cellulose film on swelling with water is discussed in relation to the biaxial orientation of the two kinds of structural units, cellulose II crystallites and noncrystalline chain segments, and their anisotropic swelling (anisotropic absorption of water). Considerable dimensional stability in the plane of the film but enormous instability of thickness on swelling in water of some commercial cellophanes is qualitatively interpreted in terms of the planar orientation of crystal (101) planes along the film surface and the orientation of the noncrystalline chain segments parallel to the film surface. The dimensional changes on swelling from the completely dry state to 10% moisture regain were further interpreted quantitatively in terms of the degrees of biaxial orientation of the two kinds of structural units and their degrees of anisotropic swelling by modifying the Hermans monophase model for crystalline and noncrystalline biphase structures. The following degrees of anisotropic swelling of the structural units were thus obtained: q_{c, [101]} = 0.40%, q_{c, [101 ]} = ?0.33%, and q_a = 2.42%.     

Field annealing effect on amorphous (FexCo1-x)85Nb15 alloys

The magnetic anisotropy induced by magnetic field annealing was examined for amorphous (Fe_xCo_1-x)₈₅Nb₁₅ alloys produced by a sputtering technique. An appreciably large uniaxial anisotropy was observed even at x = 0. The anisotropy constant (K_u) obtained was 2.3x10³ erg/cm³ at x=0, and it increased with x, showing a maximum of about 5.4x10³ erg/cm³ near x = 0.2. This compositional change in K_u was explained in terms of the directional ordering of magnetic Fe-Co atom pairs under the negative nonmagnetic interaction energy leading to a precipitation.     

Polarized target asymmetry in π° photoproduction between 0.4 and 1.0 GeV around 100°

The polarized target asymmetry in the reaction γp→π°p has been measured at c.m. angles around 100° for photon energies between 0.4 and 1.0 GeV by detecting both the recoil proton and the π°. The result is compared with recent analyses.     

Dielectric properties of oligomers. VII. Low-molecular-weight propylene glycols

The dielectric properties of low-molecular-weight propylene glycols HO? [CH(CH₃)CH₂O]_n? H (n = 3, 4, 5) were investigated to clarify the effect of chain length on the dielectric properties. The measurement of dielectric constant and dielectric loss was carried out over the frequency range 30 Hz to 30 MHz at temperatures of ?20 to ?65°C. The static dielectric constants of these glycols are between 10 and 30, slightly smaller than values for the corresponding ethylene glycols of the same degree of polymerization. All of the Cole–Cole arcs, even that for pentapropylene glycol, can be represented by the empirical Davidson–Cole equation. The dielectric properties of homologous propylene glycols are compared with those for the ethylene glycols and are discussed in terms of the effects of chain length and intermolecular hydrogen bonds.     

An application of bis[2-(5-chloro-2-pyridylazo)- 5-diethylaminophenolato]cobalt(III) chloride to the extraction and spectrophotometric determination of sulphonated and sulphated surfactants

Bis[2-(5-chloro-2-pyridylazo)-5-diethylaminophenolato]cobalt(III) is proposed for the extraction and spectrophotometric determination of sulphated and sulphonated surfactants. The complex and the surfactants form ion-pairs which are extracted into benzene from O.1M hydrochloric acid. The absorbance of the benzene phase is measured at 560 nm against a reagent blank. Less than 25 mug of sodium di-(2-ethylhexyl) sulphosuccinate in 50-200 ml of sample solution is determined reproducibly by the proposed method. When applied to river water samples, the proposed method gives results which agree very well with those obtained by the standard Methylene Blue method. However, the proposed method is simpler and more sensitive than the Methylene Blue method.