An Analysis of Watermove Water Markets

This paper conducts an analysis of the water markets in Victoria covered by Watermove. The analysis in this paper examines the weekly trading activity across trading zones. For the majority of trading zones there is little trading activity that occurs. There are three trading zones in which the markets for temporary water rights are reasonably active and liquid on a weekly basis, and for these zones an analysis is conducted of their demand and supply elasticities and consumer and producer surplus. The results of this analysis suggest a stronger relationship on the supply side between prices, volumes, elasticity and producer surplus.Water, Water markets, Elasticities, Consumer and Producer Surplus

Results of LFC experiment on slotted swept supercritical airfoil in Langley's 8-foot transonic pressure tunnel

A large chord swept supercritical laminar-flow control (LFC) airfoil was designed, constructed, and tested in the Langley 8-foot Transonic Pressure Tunnel (TPT). The LFC airfoil experiment was established to provide basic information concerning the design and compatibility of high performance supercritical airfoils with suction boundary-layer control achieved through fine slots or porous surface concepts. Shockless pressure distribution was achieved. Full chord laminar flow was achieved on upper and lower surfaces. Full chord laminar flow was maintained at subcritical speeds and over large supercritical zones. Feasibility of combined suction laminarization and supercritical airfoil technology was demonstrated

An Inflated Ordered Probit Model of Monetary Policy: Evidence from MPC Voting Data

Even in the face of a continuously changing economic environment, interest rates often remain unadjusted for long periods. When rates are moved, the norm is for a series of small unidirectional discrete basis-point changes. To explain these phenomena we suggest a two-equation system combining a “long-run” equation explaining a binary decision to change or not change the interest-rate, and a “shortrun” one based on a simple monetary policy rule. We account for unobserved heterogeneity in both equations, applying the model to unique unit-record level data on the voting preferences of Bank of England Monetary Policy Committee (MPC) members.Interest rates; voting; discrete data; ordered models; inflated outcomes; monetary policy committee

DOMAIN WALLS IN THE QUANTUM TRANSVERSE ISING MODEL

We discuss several problems concerning domain walls in the spin $S$ Ising model at zero temperature in a magnetic field, $H/(2S)$, applied in the $x$ direction. Some results are also given for the planar ($y$-$z$) model in a transverse field. We treat the quantum problem in one dimension by perturbation theory at small $H$ and numerically over a large range of $H$. We obtain the spin density profile by fixing the spins at opposite ends of the chain to have opposite signs of $S_z$. One dimension is special in that there the quantum width of the wall is proportional to the size $L$ of the system. We also study the quantitative features of the `particle' band which extends up to energies of order $H$ above the ground state. Except for the planar limit, this particle band is well separated from excitations having energy $J/S$ involving creation of more walls. At large $S$ this particle band develops energy gaps and the lowest sub-band has tunnel splittings of order $H2^{1-2S}$. This scale of energy gives rise to anomalous scaling with respect to a) finite size, b) temperature, or c) random potentials. The intrinsic width of the domain wall and the pinning energy are also defined and calculated in certain limiting cases. The general conclusion is that quantum effects prevent the wall from being sharp and in higher dimension would prevent sudden excursions in the configuration of the wall.Comment: 40 pages and 13 figures, Phys. Rev. B, to be publishe

The NASA Langley laminar-flow-control experiment on a swept, supercritical airfoil: Suction coefficient analysis

A swept supercritical wing incorporating laminar flow control at transonic flow conditions was designed and tested. The definition of an experimental suction coefficient and a derivation of the compressible and incompressible formulas for the computation of the coefficient from measurable quantities is presented. The suction flow coefficient in the highest velocity nozzles is shown to be overpredicted by as much as 12 percent through the use of an incompressible formula. However, the overprediction on the computed value of suction drag when some of the suction nozzles were operating in the compressible flow regime is evaluated and found to be at most 6 percent at design conditions

The NASA Langley Laminar-Flow-Control (LFC) experiment on a swept, supercritical airfoil: Design overview

A large-chord, swept, supercritical, laminar-flow-control (LFC) airfoil was designed and constructed and is currently undergoing tests in the Langley 8 ft Transonic Pressure Tunnel. The experiment was directed toward evaluating the compatibility of LFC and supercritical airfoils, validating prediction techniques, and generating a data base for future transport airfoil design as part of NASA's ongoing research program to significantly reduce drag and increase aircraft efficiency. Unique features of the airfoil included a high design Mach number with shock free flow and boundary layer control by suction. Special requirements for the experiment included modifications to the wind tunnel to achieve the necessary flow quality and contouring of the test section walls to simulate free air flow about a swept model at transonic speeds. Design of the airfoil with a slotted suction surface, the suction system, and modifications to the tunnel to meet test requirements are discussed

The NASA Langley laminar-flow-control experiment on a swept, supercritical airfoil: Evaluation of initial perforated configuration

The initial evaluation of a large-chord, swept, supercritical airfoil incorporating an active laminar-flow-control (LFC) suction system with a perforated upper surface is documented in a chronological manner, and the deficiencies in the suction capability of the perforated panels as designed are described. The experiment was conducted in the Langley 8-Foot Transonic Pressure Tunnel. Also included is an evaluation of the influence of the proximity of the tunnel liner to the upper surface of the airfoil pressure distribution

Separation of biological materials in microgravity

Partition in aqueous two phase polymer systems is a potentially useful procedure in downstream processing of both molecular and particulate biomaterials. The potential efficiency of the process for particle and cell isolations is much higher than the useful levels already achieved. Space provides a unique environment in which to test the hypothesis that convection and settling phenomena degrade the performance of the partition process. The initial space experiment in a series of tests of this hypothesis is described