Computing economies of vertical integration,economies of scope and economies of scale using partial frontier nonparametric methods

So far, in the nonparametric literature only full frontier nonparametric methods have been applied to search for economies of scope and scale, particularly the data envelopment analysis method (DEA). However, these methods present some drawbacks that might lead to biased results. This paper proposes a methodology based on more robust partial frontier nonparametric methods to look for scope and scale economies. Through this methodology it is possible to assess the robustness of these economies, and in particular to assess the influence that extreme data or outliers might have on them. The influence of the imposition of convexity on the production set of firms was also investigated. This methodology was applied to the water utilities that operated in Portugal between 2002 and 2008. There is evidence of economies of vertical integration and economies of scale in drinking water supply utilities and in water and wastewater utilities operating mainly in the retail segment. Economies of scale were found in water and wastewater utilities operating exclusively in the wholesale, and in some of these utilities diseconomies of scope were also found. The proposed methodology also allowed us to conclude that the existence of some smaller utilities makes the minimum optimal scales go down.     

Controlled Markov processes on the infinite planning horizon: Weighted and overtaking cost criteria

Stochastic control problems for controlled Markov processes models with an infinite planning horizon are considered, under some non-standard cost criteria. The classical discounted and average cost criteria can be viewed as complementary, in the sense that the former captures the short-time and the latter the long-time performance of the system. Thus, we study a cost criterion obtained as weighted combinations of these criteria, extending to a general state and control space framework several recent results by Feinberg and Shwartz, and by Krass et al. In addition, a functional characterization is given for overtaking optimal policies, for problems with countable state spaces and compact control spaces; our approach is based on qualitative properties of the optimality equation for problems with an average cost criterion.Research partially supported by the Engineering Foundation under grant RI-A-93-10, in part by the National Science Foundation under grant NSF-INT 9201430, and in part by a grant from the AT&T Foundation.Research partially supported by the Air Force Office of Scientific Research under Grant F49620-92-J-0045, and in part by the National Science Foundation under Grant CDR-8803012.     

Cosmology with torsion: An alternative to cosmic inflation

We propose a simple scenario which explains why our Universe appears spatially flat, homogeneous and isotropic. We use the Einstein–Cartan–Kibble–Sciama (ECKS) theory of gravity which naturally extends general relativity to include the spin of matter. The torsion of spacetime generates gravitational repulsion in the early Universe filled with quarks and leptons, preventing the cosmological singularity: the Universe expands from a state of minimum but finite radius. We show that the dynamics of the closed Universe immediately after this state naturally solves the flatness and horizon problems in cosmology because of an extremely small and negative torsion density parameter, ΩS≈−¹⁰⁻⁶⁹${\Omega }_S\approx -{10}^{-69}$. Thus the ECKS gravity provides a compelling alternative to speculative mechanisms of standard cosmic inflation. This scenario also suggests that the contraction of our Universe preceding the bounce at the minimum radius may correspond to the dynamics of matter inside a collapsing black hole existing in another universe, which could explain the origin of the Big Bang.     

有偿付约束的无限期资产经济均衡的存在性

本文通过一个简单的模型证明了有偿付约束的无限期资产经济均衡存在性,所用条件与已有文献相比更加简明．这一研究可望为我们今后研究无限期经济提供方向：同时也可以更好地理解偿付约束（或保证金制度）在资本市场中的作用     

Optimal control problems with unbounded constraint sets

We consider in this paper optimal control problems in which some of the constraint sets are unbounded. Firstly we deal with problems in which the control set is unbounded, so that ‘impulses’ are allowed as admissible controls, discontinuous functions as admissible trajectories. The second type of problem treated is that of infinite horizons, the time set being unbounded. Both class of problems are treated in a similar way. Firstly, a problem is transformed into a semi-infinite linear programming problem by embedding the spacesof admissible trajectory-control pairs into spaces of measures. Then this is mapped into an appropriate nonstandard structure, where a near-minimizer is found for the non-standard optimization; this entity is mapped back as a minimizer for the original problem. An appendix is including introducing the basic concepts of nonstandard analysis

Numerical methods are presented for the estimation of the minimizing measure, and the construction of nearly optimal trajectory-control pairs. Examples are given involving multiplicative controls     

Gravity: the inside story

It is well known that one could determine the kinematics of gravity by using the Principle of Equivalence and local inertial frames. I describe how the dynamics of gravity can be similarly understood by suitable thought experiments in a local Rindler frame. This approach puts in proper context several unexplained features of gravity and describes the dynamics of spacetime in a broader setting than in Einstein’s theory. First Award in the 2008 Essay Competition of the Gravity Research Foundation.     

Schwarzschild black hole in noncommutative spaces

We study the effects of noncommutative spaces on the horizon, the area spectrum and Hawking temperature of a Schwarzschild black hole. The results show deviations from the usual horizon, area spectrum and the Hawking temperature. The deviations depend on the parameter of space/space noncommutativity.     

Determination of dissolved methane in natural waters using headspace analysis with cavity ring-down spectroscopy

Methane (CH₄) is the third most abundant greenhouse gas (GHG) but is vastly understudied in comparison to carbon dioxide. Sources and sinks to the atmosphere vary considerably in estimation, including sources such as fresh and marine water systems. A new method to determine dissolved methane concentrations in discrete water samples has been evaluated. By analyzing an equilibrated headspace using laser cavity ring-down spectroscopy (CRDS), low nanomolar dissolved methane concentrations can be determined with high reproducibility (i.e., 0.13 nM detection limit and typical 4% RSD). While CRDS instruments cost roughly twice that of gas chromatographs (GC) usually used for methane determination, the process presented herein is substantially simpler, faster, and requires fewer materials than GC methods. Typically, 70-mL water samples are equilibrated with an equivalent amount of zero air in plastic syringes. The equilibrated headspace is transferred to a clean, dry syringe and then drawn into a Picarro G2301 CRDS analyzer via the instrument’s pump. We demonstrate that this instrument holds a linear calibration into the sub-ppmv methane concentration range and holds a stable calibration for at least two years. Application of the method to shipboard dissolved methane determination in the northern Gulf of Mexico as well as river water is shown. Concentrations spanning nearly six orders of magnitude have been determined with this method.     

Entanglement Entropy of Reissner-Nordström Black Hole and Quantum Isolated Horizon

Based on the work of Ghosh and Pereze, who view the black hole entropy as the logarithm of the number of quantum states on the Quantum Isolated Horizon (QIH)^§ the entropy of Reissner-Nordström black hole is studied. According to the Unruh temperature, the statistical entropy of quantum fields under the background of Reissner-Nordström spacetime is calculated by means of quantum statistics. In the calculations we take the integral from the position of QIH to infinity, so the obtained entropy is the entanglement entropy outside the QIH. In Reissner-Nordström spacetime it is shown that if only the position of QIH is properly chosen the leading term of logarithm of the number of quantum states on the QIH is equal to the leading term of the entanglement entropy outside the black hole horizon, and both are the Bekenstein-Hawking entropy. The results reveal the relation between the entanglement entropy of black hole and the logarithm of the number of quantum states.