High pressure cosmochemistry applied to major planetary interiors: Experimental studies

The measurement of equilibria in binary fluid-solid systems in diamond anvil cells, represents a major advance of the art of high-pressure experimentation. Vibrational spectroscopy, direct visual observations, and X-ray diffraction crystallography of materials confined in externally heated cells are the primary experimental probes being used. Adiabats in these systems are being measured in order to constrain models of heat flow in these bodies and to detect phase transitions by thermal anomalies. Other studies are directed toward interpreting high pressure reactions in these systems that are suggested by shockwave measurements, and developing methods for reaching high temperatures and high pressures of planetary interest in diamond cells. The overall objective of this project is to determine the properties of the H2-He-H2O-HN3-CH4 system and related small-molecule systems that are needed to constrain theoretical models of the interiors of the major planets

Selective Contracting and Foreclosure in Health Care Markets

We analyze exclusive contracts between health care providers and insurers in a model where some consumers choose to stay uninsured. In case of a monopoly insurer, exclusion of a provider changes the distribution of consumers who choose not to insure. Although the foreclosed care provider remains active in the market for the non-insured, we show that exclusion leads to anti-competitive effects on this non-insured market. As a consequence exclusion can raise industry profits, and then occurs in equilibrium. Under competitive insurance markets, the anticompetitive exclusive equilibrium survives. Uninsured consumers, however, are now not better off without exclusion. Competition among insurers raises prices in equilibria without exclusion, as a result of a horizontal analogue to the double marginalization effect. Instead, under competitive insurance markets exclusion is desirable as long as no provider is excluded by all insurers.health insurance;uninsured;selective contracting;exclusion;foreclosure;anti-competitive effects

Competition for Traders and Risk

Abstract: The financial crisis has been attributed partly to perverse incentives for traders at banks and has led policy makers to propose regulation of banks’ remuneration packages. We explain why poor incentives for traders cannot be fully resolved by only regulating the bank’s top executives, and why direct intervention in trader compensation is called for. We present a model with both trader moral hazard and adverse selection on trader abilities. We demonstrate that as competition on the labour market for traders intensifies, banks optimally offer top traders contracts inducing them to take more risk, even if banks fully internalize the costs of negative outcomes. In this way, banks can reduce the surplus they have to offer to lower ability traders. In addition, we find that increasing banks’ capital requirements does not unambiguously lead to reduced risk-taking by their top traders.optimal contracts;remuneration policy;imperfect competition;financial institutions;risk

Superintendents and Professional Development: Voices from the Field

The primary task of the educational leader is to assure high quality learning environments for all students. Research (Gordon, 2004; Sparks, 2007) supports the proposition that effective professional development contributes to instructional improvement by building educator capacity. Much of the research on professional development focuses in principal leadership in improving instruction (Blase & Blase, 2004). But district level administrators, especially the superintendent of schools, also have a role to play in school improvement. Standards for the preparation of school leaders specify competencies for superintendents that include the design and implementation of professional development programs based on sound research, best practices, district-and school-level data, and other contextual information (National Policy Board, 2002). The National Staff Development Council\u27s Standards (2001) also describe a comprehensive set of activities to improve student learning that apply to both campus and district level personnel. But while the research on the instructional leadership role of principals is extensive, comparatively little is said about how superintendents meet their own responsibilities in this area (Dufour, 2000; Hirsch, 2009; Firestone, Manquin, & Martinez, 2005)

High pressure cosmochemistry applied to major planetary interiors: Experimental studies

The overall goal of this project is to determine properties of the H-He-C-N-O system, as represented by small molecules composed of these elements, that are needed to constrain theoretical models of the interiors of the major planets. Much of our work now concerns the H2O-NH3 system. This project is the first major effort to measure phase equilibria in binary fluid-solid systems in diamond anvil cells. Vibrational spectroscopy, direct visual observations, and X-ray crystallography of materials confined in externally heated cells are our primary experimental probes. We also are collaborating with the shockwave physics group at Lawrence Livermore Laboratory in studies of the equation of state of a synthetic Uranus fluid and molecular composition of this and other H-C-N-O materials under planetary conditions

Competition Leverage: How the Demand Side Affects Optimal Risk Adjustment

We study optimal risk adjustment in imperfectly competitive health insurance markets when high-risk consumers are less likely to switch insurer than low-risk consumers. First, we find that insurers still have an incentive to select even if risk adjustment perfectly corrects for cost differences among consumers. Consequently, the outcome is not efficient even if cost differences are fully compensated. To achieve first best, risk adjustment should overcompensate for serving high-risk agents to take into account the difference in mark- ups among the two types. Second, the difference in switching behavior creates a trade off between efficiency and consumer welfare. Reducing the difference in risk adjustment subsidies to high and low types increases consumer welfare by leveraging competition from the elastic low-risk market to the less elastic high-risk market. Finally, mandatory pooling can increase consumer surplus even further, at the cost of efficiency.health insurance;risk adjustment;imperfect competition;leverage

Mode- and size-dependent Landau-Lifshitz damping in magnetic nanostructures: Evidence for non-local damping

We demonstrate a strong dependence of the effective damping on the nanomagnet size and the particular spin-wave mode that can be explained by the theory of intralayer transverse-spin-pumping. The effective Landau-Lifshitz damping is measured optically in individual, isolated nanomagnets as small as 100 nm. The measurements are accomplished by use of a novel heterodyne magneto-optical microwave microscope with unprecedented sensitivity. Experimental data reveal multiple standing spin-wave modes that we identify by use of micromagnetic modeling as having either localized or delocalized character, described generically as end- and center-modes. The damping parameter of the two modes depends on both the size of the nanomagnet as well as the particular spin-wave mode that is excited, with values that are enhanced by as much as 40% relative to that measured for an extended film. Contrary to expectations based on the ad hoc consideration of lithography-induced edge damage, the damping for the end-mode decreases as the size of the nanomagnet decreases. The data agree with the theory for damping caused by the flow of intralayer transverse spin-currents driven by the magnetization curvature. These results have serious implications for the performance of nanoscale spintronic devices such as spin-torque-transfer magnetic random access memory.Comment: The manuscript is published in Physical Review Letters. We revised the manuscript to meet the length requiremen