Constructing banking networks under decreasing costs of link formation

The structure of networks plays a central role in the behavior of financial systems and their response to policy. Real-world networks, however, are rarely directly observable: banks’ assets and liabilities are typically known, but not who is lending how much and to whom. This paper adds to the existing literature in two ways. First, it shows how to simulate realistic networks that are based on balance-sheet information. To do so, we introduce a model where links cause fixed-costs, independent of contract size; but the costs per link decrease the more connected a bank is (scale economies). Second, to approach the optimization problem, we develop a new algorithm inspired by the transportation planning literature and research in stochastic search heuristics. Computational experiments find that the resulting networks are not only consistent with the balance sheets, but also resemble real-world financial networks in their density (which is sparse but not minimally dense) and in their core-periphery and disassortative structure.

     

Pulsed fluorescence measurements of trapped molecular ions with zero background detection

Sensitive methods have been developed to measure laser-induced fluorescence from trapped ions by reducing the detection of background scattering to zero levels during the laser excitation pulse. The laser beam diameter has been reduced to approximately 150 microm to eliminate scattering on trap apertures and the resulting laser-ion interaction is limited to a volume of approximately 10(-5) cm which is approximately 0.03-0.15 of the total ion cloud volume depending on experimental conditions. The detection optics collected fluorescence only from within the solid angle defined by laser-ion interaction volume. Rhodamine 640 and Alexa Fluor 350 ions, commonly used as fluorescence resonance energy transfer (FRET) fluorophores, were generated in the gas phase by using electrospray ionization and injected into a radiofrequency Paul trap where they were stored and exposed to Nd:YAG laser pulses at 532 and 355 nm for times up to 10 m. Fluorescence emitted by these ions was investigated for several trap q(z) values and ion cloud temperatures. Analysis of photon statistics indicated an average of approximately 10 photons were incident on the PMT detector per 15 ns pulse for approximately 10(3) trapped ions in the interaction volume. Fluorescence measurements displayed a dependence on trapped ion number which were consistent with calculations of the space charge limited ion density. To investigate the quantitative capability of these fluorescence techniques, the laser-induced fragmentation of trapped Alexa Fluor 350 ions was measured and compared with a rate equation model of the dynamics. Decay of the fluorescence signal as well as the parent ion number compared closely with quantitative predictions of the photofragmentation model.     

Green method for ultrasensitive determination of Hg in natural waters by electrothermal-atomic absorption spectrometry following sono-induced cold vapor generation and ‘in-atomizer trapping’

Sono-induced cold vapor generation (SI-CVG) has been used for the first time in combination with a graphite furnace atomizer for determination of Hg in natural waters by electrothermal-atomic absorption spectrometry after in situ trapping onto a noble metal-pretreated platform (Pd, Pt or Rh) inserted into a graphite tube. The system allows ‘in-atomizer trapping’ of Hg without the use of conventional reduction reactions based on sodium borohydride or tin chloride in acid medium for cold vapor generation. The sono-induced reaction is accomplished by applying ultrasound irradiation to the sample solution containing Hg(II) in the presence of an organic compound such as formic acid. As this organic acid is partly degraded upon ultrasound irradiation to yield CO, CO₂, H₂ and H₂O, the amount of lab wastes is minimized and a green methodology is achieved.     

Antimony(III) Oxide Film on a Cellulose Fiber Surface: Preparation and Characterization of the Composite

Cellulose/antimony(III) oxide composites, Cel/Sb(2)O(3), with oxide loadings of 1.7, 5.4, and 9.2 wt% were prepared by reacting the precursor SbCl(3) reagent with cellulose in dry ethanol solution. The reaction of the Lewis acid and the cellulose fibers occurred at the~amorphous domains of the biopolymer, increasing the crystallinity degree of the composite compared with that of the untreated cellulose. The scanning electron microscopy images and metal mapping for all samples showed that the oxide film layer uniformly covered the fiber surfaces with no detectable agglomerates of the oxide particles. The synchrotron X-ray diffraction patterns indicated that the antimony oxide film was obtained as a crystalline phase with orthorombic structure. The atomic ratios of O/Sb, determined by X-ray photoelectron spectroscopy, indicated that, for Cel/Sb(2)O(3) samples with 9.3 wt% loading, the fiber surface is nearly saturated by the oxide layer. The thermal stability of Cel/Sb(2)O(3) compared to that of untreated cellulose is practically unaffected. Copyright 2000 Academic Press.     

On the performance and inertness of different materials used for the enrichment of sulfur compounds from air and gaseous samples

The performance of the sorbent polydimethylsiloxane (PDMS) is compared to that of the adsorbents Carbotrap and Tenax for the enrichment of volatile and reactive sulfur compounds. These included: 1- and 2-propanethiol, tetrahydrothiophene, 2-thioethanol and 2-ethylthioethanol. Several artifact-forming reactions were identified on both Tenax and Carbotrap including: H2S elimination and dimerization of thiols. Additionally, permanent adsorption was also observed for heavier solutes. These effects are absent when PDMS is applied. This superior performance is explained by the absence of catalytic or adsorptive activity on PDMS.     

Sample preparation in analysis of pharmaceuticals

Sample preparation is a very important and essential step in environmental analysis. This article presents an overview of extraction methods for environmental samples, focusing especially on pharmaceuticals as there is great concern about them as pollutants.