The impact of investment lags on investment decision

This paper suggests a valuation framework for an investment project through the concept of real options. Generally, in real asset world, decision time and its payment time are not identical. This so-called investment lag problem should be considered when valuing real assets. When investment lags exist, firms’ accommodation capacities play important roles. In this paper, the real effect of investment lag on investment value is tested upon various conditions. We show the valuation process of real assets under the risk-neutral world. The closed-form formula is also provided for valuing real assets, including R&D project.     

Effects of rubbing angle on maximum transmittance of in-plane switching liquid crystal display

Measurements of the maximum transmittance of an in-plane switching liquid crystal display showed that it increases as rubbing angle is increased from 10 to 20°. This dependence was analysed in terms of the local variation of electric field intensity between electrodes, which in turn makes liquid crystal at various positions between the electrodes rotate to different angles. The local variation of electric field becomes prominent, especially in the case that the distance between the electrodes is much larger than the cell gap or electrode width.     

Synthesis and characterization of a novel polymer based on anthracene moiety for organic thin film transistor

We have designed and synthesized a new polymer, which could be used in the organic thin film transistor (OTFT). Poly[2,6‐bis(3′‐dodecythiophene‐2′‐yl)anthracene] (PDTAn), which is composed with anthracene moiety and dodecyl alkyl thiophene, was synthesized by oxidative polymerization using iron (III) chloride. The mole ratio of FeCl₃ and monomer (4.2:1), keeping low temperature during the initiation reaction, amount of solvent, and dropping order were very important for oxidative polymerization without crosslinking. The molecular weight of the polymer (M_w) was measured to be 40,000 with 2.85 of polydispersity index by GPC. The physical and optical properties of the polymer were characterized by differential scanning calorimetry (DSC), cyclic voltammetry (CV), and optical absorption and photoluminescence (PL) spectroscopy. A field‐effect mobility of 1.1 × 10^?4 cm² V^?1 S^?1, a current on/off ratio of 10⁵, and the V_th at ?15.2 V had been obtained for OTFTs using this polymer semiconductor by solution coating. © 2008 Wiley Periodicals, Inc. J Polym Sci Part A: Polym Chem 46: 5115–5122, 2008     

BIOLUMINESCENCE OF ACETALDEHYDE CATALYZED BY BACTERIAL LUCIFERASE

Abstract— Bioluminescence from the oxidation of acetaldehyde by bacterial luciferase of Photobacterium fischeri has been demonstrated for the first time and its efficiency has been compared with that of nonanal and other short chain aldehydes.     

Testing a priority-based queue model with Linux command histories

We study human dynamics by analyzing Linux history files. The goodness-of-fit test shows that most of the collected datasets belong to the universality class suggested in the literature by a variable-length queuing process based on priority. In order to check the validity of this model, we design two tests based on mutual information between time intervals and a mathematical relationship known as the arcsine law. Since the previously suggested queuing process fails to pass these tests, the result suggests that the modelling of human dynamics should properly consider the statistical dependency in the temporal dimension.     

Signal-Induced Release of Guests from a Photolatent Metal–Phenolic Supramolecular Cage and Its Hybrid Assemblies

The coordination chemistry of plant polyphenols and metal ions can be used for coating various substrates and for creating modular superstructures. We herein explored this chemistry for the controlled release of guests from mesoporous silica nanoparticles (MSNs). The selective adsorption of tannic acids (TAs) on MSN silica walls opens the MSN mesoporous channels without disturbing mass transport. The channel may be closed by the coordination of TA with Cu^II ions. Upon exposure to light, photolysis of Trojan horse guests (photoacid generators, PAGs) leads to acid generation, which enables the release of payloads by decomposing the outer coordination shell consisting of TA and Cu^II. We also fabricated a modular assembly of MSNs on glass substrates. The photoresponsive release characteristics of the resulting film are similar to those of the individual MSNs. This method is a fast and facile strategy for producing photoresponsive nanocontainers by non-covalent engineering of MSN surfaces that should be suitable for various applications in materials science.