This paper investigates whether investors are compensated for the tax burden of equity securities. Effective tax rates on equity securities vary over time due to frequent tax reforms and cross-sectionally due to persistent differences in propensities to pay dividends. The paper finds an economically and statistically significant relationship between risk-adjusted stock returns and effective per...

We study the response of a two-dimensional hexagonal packing of rigid, frictionless spherical grains due to a vertically downward point force on a single grain at the top layer. We use a statistical approach, where each configuration of the contact forces is equally likely. We find that the response is double-peaked, independantly of the details of boundary conditions. The two peaks lie precise...

Let Γ denote the spaces of all double entire sequences. Let Λ denote the spaces of all double analytic sequences. This paper is devoted to a study of the general properties of Nörlund double entire sequence space η ( Γ ) , Γ and also study some of the properties of η ( Γ ) and η ( Λ ) .

We show that any graph that contains k edge-disjoint double rays for any k ∈ N contains also infinitely many edge-disjoint double rays. This was conjectured by Andreae in 1981.

We present a distributed 2-approximation algorithm for the minimum vertex cover problem. The algorithm is deterministic, and it runs in (∆+ 1) synchronous communication rounds, where ∆ is the maximum degree of the graph. For ∆ = 3, we give a 2-approximation algorithm also for the weighted version of the problem.

Intellectual property portfolios that include unique inventions and discoveries are potentially inimitable resources that provide strategic leverage to Information Technology (IT) firms. The increasing patent related litigations in the IT industry, and the high costs associated with litigations make this an economically significant activity. Taking a market oriented view to this issue we invest...

In this paper we define the class of near-ideal clutters following a similar concept due to Shepherd [Near perfect matrices, Math. Programming 64 (1994) 295–323] for near-perfect graphs. We prove that near-ideal clutters give a polyhedral characterization for minimally nonideal clutters as near-perfect graphs did for minimally imperfect graphs. We characterize near-ideal blockers of graphs as b...

Solutions of the nonlinear water wave equations under an ice sheet are computed using a boundary integral equation method. The ice sheet is modelled as a thin elastic plate and the fluid equations are nonlinear. Depending on the velocity of the moving disturbance generating the flow, different types of responses of the floating ice sheet are discussed.

This paper describes the research plan to use ALOS / PALSAR data for Antarctic ice sheet analysis. The final goal of our study is to extract the precise ice sheet elevation and estimate accurate position of grounding line using ALOS / PALSAR data. The authors have been studying the grounding line and ice sheet topography from InSAR data, which mainly used ERS-1/2 tandem data. We plan to adopt t...