Inventory positions of two risk averse market makers are introduced into a Kyle (1985) type batch trading model and the effects are analyzed. An equilibrium is defined with participation constraint and incentive compatibility and it is characterized as γ-coalitional equilibrium. At the equilibrium the two market makers share the risk of clearing orders so that the aggregate pricing schedule bec...

When validating simulation models against experimental data, model adequacy and accuracy is quantitatively measured by performance indexes that quantify various kinds of distances between vectors: amplitude, slope, peaks, etc. Selected performance indexes are used to validate a simulation model against experimental data characterized by a very low uncertainty for the specific application, i.e. ...

In the third sentence under the subheading “Sensitivity and calibration measurements” of Results, Fig. 1, and the legend for Fig. 1, the abbreviation for kilocounts is incorrect. Please view the corrected Fig. 1 below. The corrected third sentence under the subheading “Sensitivity and calibration measurements” of Results is: “The net true coincidences fall along a straight line with a slope of ...

The current profile along the 126 ns, multi-bunch beam pulse in the Next Linear Collider Test Accelerator (NLCTA) is monitored with fast toroids (rise time ~1 ns). Inserted at several positions along the beam line, they allow us to track current transmission as a function of position along the bunch train. Various measurements, such as rise time, current, width, and slope, are made on the digit...

In a local projections framework, we study the impact of oil price shocks, based on refined approach to disentangle movements, dynamics entire yield curve in nineteen emerging economies with different positions market. Responses term structure factors market shocks are shown differ conditional not only underlying sources that drive price, but also oil-dependence these economies. particular, fin...

One of the recommended methods for managing a red pine (Pinus densiflora) forest, where Matsutake mushrooms (Tricholoma matsutake) are cultured, is to remove surface litter layer (A0 layer). In this study, we evaluated effect removing A0 on soil temperature and moisture content. Two study plots, one which had removed other with left intact, were established sloping terrain in P. densiflora fore...

two dimensional slope profile morphometric investigation in a part of the land failure prone garhwal region of the lesser himalaya, tehri district, u. p., india, indicates that the landslip morphology is closely related to the dominant movement processes active in this terrain. technique developed for the morphometric analysis of landslips involves the use of five morphometric indices. each ind...

Many slope filtrations occur in algebraic geometry, asymptotic analysis, ramification theory, p-adic theories, geometry of numbers... These functorial filtrations, which are indexed by rational (or sometimes real) numbers, have a lot of common properties. We propose a unified abstract treatment of slope filtrations, and survey how new ties between different domains have been woven by dint of de...