The Influence of Collusion on Price Changes: New Evidence from Major Cartel Cases

In this paper, we compare the distribution of price changes between collusive and noncollusive periods for ten major cartels. The first moments focus on previous research. We extend the discussion to the third (skewness) and fourth (kurtosis) moments. However, none of the above descriptive statistics can be considered as a robust test allowing a differentiation between competition and cartel. Therefore, we implement the Kolmogorov-Smirnov test. According to our results, 8 out of 10 cartels were successful in controlling the market price for a number of years. The proposed methodology may be used for antitrust screening and regulatory purposes.Cartel detection, collusion, competition policy

Assessments at multiple levels of biological organization allow for an integrative determination of physiological tolerances to turbidity in an endangered fish species.

Turbidity can influence trophic levels by altering species composition and can potentially affect fish feeding strategies and predator-prey interactions. The estuarine turbidity maximum, described as an area of increased suspended particles, phytoplankton and zooplankton, generally represents a zone with higher turbidity and enhanced food sources important for successful feeding and growth in many fish species. The delta smelt (Hypomesus transpacificus) is an endangered, pelagic fish species endemic to the San Francisco Estuary and Sacramento-San Joaquin River Delta, USA, where it is associated with turbid waters. Turbidity is known to play an important role for the completion of the species' life cycle; however, turbidity ranges in the Delta are broad, and specific requirements for this fish species are still unknown. To evaluate turbidity requirements for early life stages, late-larval delta smelt were maintained at environmentally relevant turbidity levels ranging from 5 to 250 nephelometric turbidity units (NTU) for 24 h, after which a combination of physiological endpoints (molecular biomarkers and cortisol), behavioural indices (feeding) and whole-organism measures (survival) were determined. All endpoints delivered consistent results and identified turbidities between 25 and 80 NTU as preferential. Delta smelt survival rates were highest between 12 and 80 NTU and feeding rates were highest between 25 and 80 NTU. Cortisol levels indicated minimal stress between 35 and 80 NTU and were elevated at low turbidities (5, 12 and 25 NTU). Expression of stress-related genes indicated significant responses for gst, hsp70 and glut2 in high turbidities (250 NTU), and principal component analysis on all measured genes revealed a clustering of 25, 35, 50 and 80 NTU separating the medium-turbidity treatments from low- and high-turbidity treatments. Taken together, these data demonstrate that turbidity levels that are either too low or too high affect delta smelt physiological performance, causing significant effects on overall stress, food intake and mortality. They also highlight the need for turbidity to be considered in habitat and water management decisions

Learning from the Success of MPI

The Message Passing Interface (MPI) has been extremely successful as a portable way to program high-performance parallel computers. This success has occurred in spite of the view of many that message passing is difficult and that other approaches, including automatic parallelization and directive-based parallelism, are easier to use. This paper argues that MPI has succeeded because it addresses all of the important issues in providing a parallel programming model.Comment: 12 pages, 1 figur

A TRLFS study on the complexation of Cm(III) and Eu(III) with 4-t-butyl-6,6´-bis-(5,6-diethyl-1,2,4-tiazin-3-yl)-2,2´-bipyridine in a water / 2-propanol mixture

The complexation of Cm(III) and Eu(III) with 4-t-butyl-6,6´-bis-(5,6-diethyl-1,2,4-tiazin-3-yl)-2,2´-bipyridine(t-Bu-C2-BTBP) in water / 2-propanol solution is studies.JRC.E-Institute for Transuranium Elements (Karlsruhe

Limits to Sympathetic Evaporative Cooling of a Two-Component Fermi Gas

We find a limit cycle in a quasi-equilibrium model of evaporative cooling of a two-component fermion gas. The existence of such a limit cycle represents an obstruction to reaching the quantum ground state evaporatively. We show that evaporatively the \beta\mu ~ 1. We speculate that one may be able to cool an atomic fermi gas further by photoassociating dimers near the bottom of the fermi sea.Comment: Submitted to Phys. Rev

Mantle plume capture, anchoring, and outflow during Galápagos plume-ridge interaction

Compositions of basalts erupted between the main zone of Galápagos plume upwelling and adjacent Galápagos Spreading Center (GSC) provide important constraints on dynamic processes involved in transfer of deep-mantle-sourced material to mid-ocean ridges. We examine recent basalts from central and northeast Galápagos including some that have less radiogenic Sr, Nd, and Pb isotopic compositions than plume-influenced basalts (E-MORB) from the nearby ridge. We show that the location of E-MORB, greatest crustal thickness, and elevated topography on the GSC correlates with a confined zone of low-velocity, high-temperature mantle connecting the plume stem and ridge at depths of ∼100 km. At this site on the ridge, plume-driven upwelling involving deep melting of partially dehydrated, recycled ancient oceanic crust, plus plate-limited shallow melting of anhydrous peridotite, generate E-MORB and larger amounts of melt than elsewhere on the GSC. The first-order control on plume stem to ridge flow is rheological rather than gravitational, and strongly influenced by flow regimes initiated when the plume was on axis (>5 Ma). During subsequent northeast ridge migration material upwelling in the plume stem appears to have remained “anchored” to a contact point on the GSC. This deep, confined NE plume stem-to-ridge flow occurs via a network of melt channels, embedded within the normal spreading and advection of plume material beneath the Nazca plate, and coincides with locations of historic volcanism. Our observations require a more dynamically complex model than proposed by most studies, which rely on radial solid-state outflow of heterogeneous plume material to the ridge.We thank Galápagos National Park authorities and CDRS for permitting fieldwork in Galápagos. D. Villagomez and D. Toomey generously shared their extensive seismic data set for Galápagos, and D. McKenzie kindly provided help with temperature calculations. End-member compositions of Galápagos mantle reservoirs in Figure 4 were estimated from principal component analysis; data related to these calculations are available in the supporting information. We are grateful to Kaj Hoernle and two anonymous reviewers for their constructive comments on an earlier version of this manuscript. The research was funded by the University of Cambridge, Geological Society of London, NERC (RG57434), and NSF (EAR 0838461, EAR 0944229, and EAR-11452711).This is the final published version of the article. It first appeared at http://dx.doi.org/10.1002/2015GC00572

Deforestation: Correlations, Possible Causes and Some Implications

Changes in national forest areas during 1990-2000 are contrasted with other variables to illustrate correlations and provoke discussion about possible causes. Twenty-five statistically-significant correlations (including rural population, life expectancy, GDP, literacy, commerce, agriculture, poverty and inflation) are illustrated and a statistical model suggests that good governance, alternative employment opportunities, and payments for environmental services may be effective in combating deforestation. The data suggest that a global forest convention may need to be supported by substantial and carefully-targeted development assistance to foster good governance

The influence of melt flux and crustal processing on Re–Os isotope systematics of ocean island basalts: Constraints from Galápagos

New rhenium–osmium data for high-MgO (>9 wt.%) basalts from the Galápagos Archipelago reveal a large variation in 187Os/188Os (0.1304 to 0.173), comparable with the range shown by primitive global ocean island basalts (OIBs). Basalts with the least radiogenic 187Os/188Os occur closest to the Galápagos plume stem: those in western Galápagos have low 187Os/188Os, moderate 87Sr/86Sr, 143Nd/144Nd, 206Pb/204Pb and high 3He/4He whereas basalts in the south also have low 187Os/188Os but more radiogenic 87Sr/86Sr, 143Nd/144Nd, 206Pb/204Pb and 3He/4He. Our new Os isotope data are consistent with the previously established spatial zonation of the common global isotopic mantle reservoir “C” and ancient recycled oceanic crust in the mantle plume beneath western and southern parts of Galápagos, respectively. Galápagos basalts with the most radiogenic 187Os/188Os (up to 0.1875) typically have moderate MgO (7–9 wt.%) and low Os (<50 pg g−1) but have contrastingly unenriched Sr, Nd and Pb isotope signatures. We interpret this decoupling of chalcophile and lithophile isotopic systems as due to assimilation of young Pacific lower crust during crystal fractionation. Mixing models show the assimilated crust must have higher contents of Re and Os, and more radiogenic 187Os/188Os (0.32), than previously proposed for oceanic gabbros. We suggest the inferred, exceptionally-high radiogenic 187Os of the Pacific crust may be localised and due to sulfides precipitated from hydrothermal systems established at the Galápagos Spreading Centre. High 187Os/188Os Galápagos basalts are found where plume material is being dispersed laterally away from the plume stem to the adjacent spreading centre (i.e. in central and NE parts of the archipelago). The extent to which crustal processing influences 187Os/188Os appears to be primarily controlled by melt flux: as distance from the stem of the Galápagos plume increases, the melt flux decreases and crustal assimilation becomes proportionally greater, accounting for co-variations in Os and 187Os/188Os. The Os concentration threshold below which the 187Os/188Os of Galápagos basalts are contaminated (100 pg g−1) is higher than the canonical value (<50 pg g−1) assumed for many other global OIBs (e.g. for Iceland, Grande Comore and Hawaii). This most likely reflects the low overall melt flux to the crust from the Galápagos plume, which has only a moderate excess temperature and buoyancy flux. Our findings have implications for the interpretation of 187Os/188Os ratios in other ocean island settings, especially those where large variations in 187Os/188Os have been linked to heterogeneity in mantle lithology or sulfide populations: the effect of crustal contamination on 187Os/188Os may be greater than previously recognised, particularly for basalts associated with weak, low melt flux mantle plumes, such as Tristan, Bouvet, Crozet and St Helena

Hydrophilic 2,9-bis-triazolyl-1,10-phenanthroline ligands enable selective Am(iii) separation: a step further towards sustainable nuclear energy

The first hydrophilic, 1,10-phenanthroline derived ligands consisting of only C, H, O and N atoms for the selective extraction of Am(iii) from spent nuclear fuel are reported herein. One of these 2,9-bis-triazolyl-1,10-phenanthroline (BTrzPhen) ligands combined with a non-selective extracting agent, was found to exhibit process-suitable selectivity for Am(iii) over Eu(iii) and Cm(iii), providing a clear step forward