Search results for "Equilibrium"
showing 10 items of 1021 documents
A Partial Equilibrium Model of Option Markets
2000
This paper addresses the questions who is buying and who is selling options on a stock, the optimal position to hold, and how this affects the price. The individual demand functions and the equilibrium allocation are derived using an asymptotically valid expansion. Trading occurs only at discrete dates; the option does not have to complete the market. The paper also discusses the conditions under which trade results, the importance of heterogeneity for trade, when preferences become irrelevant to price options, and the case in which there is only a spanning demand, but no risk-sharing demand in options.
About the badness of existence and the prospect of extinction
2021
In this paper I consider the case of people who find The Mere Addition Principle counterintuitive. Their particular intuitions may be understood as instances of The Principle of Intrinsic Disvalue of Existence (PIDA). Following this idea Contractualism seems to be an appropriate method to solve population ethics dilemmas. Still, I show that their rejection of The Mere Addition Principle – if understood as an instance of PIDA – is not enough to avoid these dilemmas and to reach a stable equilibrium among their intuitions. In fact, if their denial of The Mere Addition Principle is grounded on PIDA, the consequences which would follow are likely to be unacceptable for many of them. In particul…
Thermodynamic approach of supercontinuum generation
2009
International audience; This paper is aimed at providing an overview on recent theoretical and experimental works in which a thermodynamic description of the incoherent regime of supercontinuum generation has been formulated. On the basis of the wave turbulence theory, we show that this highly nonlinear and quasi-continuous-wave regime of supercontinuum generation is characterized by two different phenomena. (i) A process of optical wave thermalization ruled by the four-wave mixing effects: The spectral broadening inherent to supercontinuum generation is shown to result from the natural tendency of the optical field to reach its thermodynamic equilibrium state, i. e., the state of maximum n…
Effective hydrostatic limits of pressure media for high‐pressure crystallographic studies
2007
The behavior of a number of commonly used pressure media, including nitrogen, argon, 2-propanol, a 4:1 methanol–ethanol mixture, glycerol and various grades of silicone oil, has been examined by measuring the X-ray diffraction maxima from quartz single crystals loaded in a diamond-anvil cell with each of these pressure media in turn. In all cases, the onset of non-hydrostatic stresses within the medium is detectable as the broadening of the rocking curves of X-ray diffraction peaks from the single crystals. The onset of broadening of the rocking curves of quartz is detected at ∼9.8 GPa in a 4:1 mixture of methanol and ethanol and at ∼4.2 GPa in 2-propanol, essentially at the same pressures …
Path-wise versus kinetic modeling for equilibrating non-Langevin jump-type processes
2014
We discuss two independent methods of solution of a master equation whose biased jump transition rates account for long jumps of L\'{e}vy-stable type and nonetheless admit a Boltzmannian (thermal) equilibrium to arise in the large time asymptotics of a probability density function $\rho (x,t)$. Our main goal is to demonstrate a compatibility of a {\it direct} solution method (an explicit, albeit numerically assisted, integration of the master equation) with an {\it indirect} path-wise procedure, recently proposed in [Physica {\bf A 392}, 3485, (2013)] as a valid tool for a dynamical analysis of non-Langevin jump-type processes. The path-wise method heavily relies on an accumulation of large…
Coupled fixed point, F-invariant set and fixed point of N-order
2010
In this paper, we establish some new coupled fixed point theorems in complete metric spaces, using a new concept of $F$-invariant set. We introduce the notion of fixed point of $N$-order as natural extension of that of coupled fixed point. As applications, we discuss and adapt the presented results to the setting of partially ordered cone metric spaces. The presented results extend and complement some known existence results from the literature.
The Asynchronous Leontief Model
1992
International audience; The traditional dynamic Leontief model is synchronous: every vertex acts simultaneously. A model with delays of action has been proposed, but it still remains synchronous. In this paper we propose an asynchronous version of the model that allows realistic computations. We fiurnish an algorithm and a program.
On the hyperbolic limit points of groups acting on hyperbolic spaces
1998
We study the hyperbolic limit points of a groupG acting on a hyperbolic metric space, and consider the question of whether any attractive limit point corresponds to a unique repulsive limit point. In the special case whereG is a (non-elementary) finitely generated hyperbolic group acting on its Cayley graph, the answer is affirmative, and the resulting mapg +↦g −, is discontinuous everywhere on the hyperbolic boundary. We also provide a direct, combinatorial proof in the special case whereG is a (non-abelian) free group of finite type, by characterizing algebraically the hyperbolic ends ofG.
Is backward disequilibrium in the elderly caused by an abnormal perception of verticality? A pilot study
2007
International audience; OBJECTIVE: We hypothesised that backward disequilibrium (BD), defined by a posterior position of the centre of mass with respect to the base of support, could be caused by a backward tilt in the perception of verticality. METHODS: The relationship between BD, the perception of verticality, and the history of falls in 25 subjects aged 84.5+/-7.4 years was analysed. An original ordinal scale, the BD scale (BDS), was used to quantify BD. Postural (PV) and haptic verticals (HV) were measured in sagittal plane. RESULTS: BDS scores closely correlated with the number of falls (r = 0.81, p =10(-5)). The more the PV was tilted backward, the greater the BDS scores (r = -0.95, …
Phytoplankton in extreme environments: importance and consequences of habitat permanency
2020
AbstractThere is hardly any sunshine exposed surface on this Earth, be it water or terrain, which would not support some biota. Still, many habitats offer harsh conditions requiring specialized physiological adaptations to survive. These environments are referred to as extremes; often inhabited by extremophilic organisms. In this review, characteristic species and assemblage properties of phytoplankton inhabiting extreme environments (especially lakes and pools where planktic life is potentially possible and independently of their origin) in terms of alkalinity, acidity, DOC, salinity, temperature, light and mixing regime will be outlined. Lakes characterized by more than a single extreme a…