Hadronic Transition chi(c1)(1P) to eta(c) plus two pions at the Beijing Spectrometer BES and the Cornell CLEO-c

Hadronic transitions of the chi(cj)(1P) states have not been studied yet. We calculate the rate of the hadronic transition chi(c1)(1P) to eta(c) plus two pions in the framework of QCD multipole expansion. We show that this process can be studied experimentally at the upgraded Beijing Spectrometer BES III and the Cornell CLEO-c.Comment: 6 pages RevTex4(two-column). Version published in Phys. Rev. D 75, 054019 (2007

Performance-vested Stock Options and Pay-Performance Sensitivity

The paper investigates the incentive effects of performance-vested stock options (PVSOs) in aligning management interests with shareholder wealth. Performance targets attached to option vesting would prevent executives from receiving rewards from outcomes that are unaffected by their effort.Such targets align executive pay more closely with shareholder wealth.The degree of interest alignment is measured by pay-performance sensitivity (PPS).Using data on 4,238 executive-level observations for 1,383 executive directors in the largest 244 UK non-financial firms from 1999 to 2004, we find that the presence of PVSO schemes in executive-compensation contracts is associated with higher PPS, consistent with the idea that stronger incentives are provided by PVSOs.The empirical evidence also shows that PVSOs outperform unconditional stock options (TSOs) in providing incentives, since higher PPS is associated with the presence of PVSOs. Moreover, the results testify the role of vesting-target difficulty of PVSOs in the pay-performance relation.Specifically, difficult targets are associated with lower PPS levels, implying that too difficult targets negatively affect managers' choice of effort, that relatively lower effort is to be expected, and that the interests of managers will diverge from the interests of shareholders.stock options;pay-performance sensitivity;equity incentive

Theoretical studies of 63Cu Knight shifts of the normal state of YBa2Cu3O7

The 63Cu Knight shifts and g factors for the normal state of YBa2Cu3O7 in tetragonal phase are theoretically studied in a uniform way from the high (fourth-) order perturbation formulas of these parameters for a 3d9 ion under tetragonally elongated octahedra. The calculations are quantitatively correlated with the local structure of the Cu2+(2) site in YBa2Cu3O7. The theoretical results show good agreement with the observed values, and the improvements are achieved by adopting fewer adjustable parameters as compared to the previous works. It is found that the significant anisotropy of the Knight shifts is mainly attributed to the anisotropy of the g factors due to the orbital interactions.Comment: 5 page

Understanding the newly observed Y(4008) by Belle

Very recently a new enhancement around 4.05 GeV was observed by Belle experiment. In this short note, we discuss some possible assignments for this enhancement, i.e. $\psi(3S)$ and $D^*\bar{D}^*$ molecular state. In these two assignments, Y(4008) can decay into $J/\psi\pi^0\pi^0$ with comparable branching ratio with that of $Y(4008)\to J/\psi\pi^+\pi^-$. Thus one suggests high energy experimentalists to look for Y(4008) in $J/\psi\pi^0\pi^0$ channel. Furthermore one proposes further experiments to search missing channel $D\bar{D}$, $D\bar{D}^*+h.c.$ and especially $\chi_{cJ}\pi^+\pi^-\pi^0$ and $\eta_c\pi^+\pi^-\pi^0$, which will be helpful to distinguish $\psi(3S)$ and $D^*\bar{D}^*$ molecular state assignments for this new enhancement.Comment: 4 pages, 5 figures. Typos correcte

Generalized Log-Normal Chain-Ladder

We propose an asymptotic theory for distribution forecasting from the log normal chain-ladder model. The theory overcomes the difficulty of convoluting log normal variables and takes estimation error into account. The results differ from that of the over-dispersed Poisson model and from the chain-ladder based bootstrap. We embed the log normal chain-ladder model in a class of infinitely divisible distributions called the generalized log normal chain-ladder model. The asymptotic theory uses small $\sigma$ asymptotics where the dimension of the reserving triangle is kept fixed while the standard deviation is assumed to decrease. The resulting asymptotic forecast distributions follow t distributions. The theory is supported by simulations and an empirical application

Pauci-immune glomerulonephritis in individuals with disease associated with levamisole-adulterated cocaine: a series of 4 cases.

Exposure to levamisole-adulterated cocaine can induce a distinct clinical syndrome characterized by retiform purpura and/or agranulocytosis accompanied by an unusual constellation of serologic abnormalities including antiphospholipid antibodies, lupus anticoagulants, and very high titers of antineutrophil cytoplasmic antibodies. Two recent case reports suggest that levamisole-adulterated cocaine may also lead to renal disease in the form of pauci-immune glomerulonephritis. To explore this possibility, we reviewed cases of pauci-immune glomerulonephritis between 2010 and 2012 at an inner city safety net hospital where the prevalence of levamisole in the cocaine supply is known to be high. We identified 3 female patients and 1 male patient who had biopsy-proven pauci-immune glomerulonephritis, used cocaine, and had serologic abnormalities characteristic of levamisole-induced autoimmunity. Each also had some other form of clinical disease known to be associated with levamisole, either neutropenia or cutaneous manifestations. One patient had diffuse alveolar hemorrhage. Three of the 4 patients were treated with short courses of prednisone and cyclophosphamide, 2 of whom experienced stable long-term improvement in their renal function despite ongoing cocaine use. The remaining 2 patients developed end-stage renal disease and became dialysis-dependent. This report supports emerging concern of more wide spread organ toxicity associated with the use of levamisole-adulterated cocaine