Geometrical structures intrinsic to non-expanding, weakly isolated and isolated horizons are analyzed and compared with structures which arise in other contexts within general relativity, e.g., at null infinity. In particular, we address in detail the issue of singling out the preferred normals to these horizons required in various applications. This work provides powerful tools to extract inva...

We examine how different investment horizons, and consequently the number of hands through which a security passes during its life, affect prices in a laboratory market populated by overlapping generations of investors. We find that (i) price deviations are larger in markets populated only by shorthorizon investors compared to markets with long-horizon investors; (ii) for a given maturity of se...

We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice, subjects prefer on average shorte...

In a space-time with cosmological constant Λ > 0 and matter satisfying the dominant energy condition, the area of a black or white hole cannot exceed 4π/Λ. This applies to event horizons where defined, i.e. in an asymptotically deSitter space-time, and to outer trapping horizons (cf. apparent horizons) in any space-time. The bound is attained if and only if the horizon is identical to that of t...

The paper constructs various core inflation measures. These include various trimmed means using disaggregated data and a structural VAR estimate of core inflation for Ireland. The ability of these core inflation measures to forecast future headline inflation is compared using a regression model. An ARIMA model fitted to the headline inflation rate is used as the benchmark forecast. The forecast...

We examine in an experiment the causes, consequences and possible cures of myopic loss aversion (MLA) for investment behaviour under risk. We find that both, investment horizons and feedback frequency contribute almost equally to the effects of MLA. Longer investment horizons and less frequent feedback lead to higher investments. However, when given the choice, subjects prefer on average shorte...

horizons on a precision farming research site in Barnes County, North Dakota for precisely these reasons. An Although pedogenesis and landscape evolution have occurred on intriguing aspect of this work concerns the fact that soils the eastern North Dakota till plain since the inception of the Holocene, soils with argillic horizon are recognized on a very limited basis. with argillic horizons ha...

Classical black holes and event horizons are highly non-local objects, defined in relation to the causal past of future null infinity. Alternative, quasilocal characterizations of black holes are often used in mathematical, quantum, and numerical relativity. These include apparent, killing, trapping, isolated, dynamical, and slowly evolving horizons. All of these are closely associated with two...

We analyze spacetimes with horizons and study the thermodynamic aspects of causal horizons, suggesting that the resemblance between gravitational and thermodynamic systems has a deeper quantum mechanical origin. We find that the observer dependence of such horizons is a direct consequence of associating a temperature and entropy to a spacetime. The geometrical picture of a horizon acting as a o...