and MIT for valuable comments. The views expressed herein are those of the authors and not necessarily those of the National Bureau of Economic Research. All rights reserved. Short sections of text not to exceed two paragraphs, may be quoted without explicit permission provided that full credit including, © notice, is given to the source. ABSTRACT Milton Friedman argued that irrational traders ...

In this paper, we propose a method to determine the equilibrium factor using a bare LR 115 detector. The partial sensitivities rhoi of the LR 115 detector to 222Rn and its alpha-emitting short-lived progeny, 218Po and 214Po, were investigated. We first determined the distributions of lengths of major and minor axes of the perforated alpha tracks in the LR 115 detector produced by 222Rn, 218Po a...

Milton Friedman argued that irrational traders will consistently lose money, won’t survive and, therefore, cannot influence long run equilibrium asset prices. Since his work, survival and price influence have been assumed to be the same. Often partial equilibrium analysis has been relied upon to examine the survival of irrational traders and to make inferences on their influence on prices. In t...

In this paper, a study on the applications of the optimization and regression techniques for optimal calculation of partial ratios of helical gearboxes with second-step double gear-sets for minimal cross section dimension is introduced. From the condition of the moment equilibrium of a mechanic system including three gear units and their regular resistance condition, models for calculation of t...

Abstract The equilibrium state of fields in the causal wedge a dS observer is thermal, though realistic observers have only partial access to state. To them, out-of-equilibrium states light scalar field appear thermalize Markovian fashion. We show this by formulating systematic expansion for tracing out environment. As an example, we calculate O(?) correction result Starobinsky and Yokoyama rel...

In diffusion, gases (or liquids) move from an area of high concentration (partial pressure) to areas of low concentration (partial pressure). If there is a mixture of gases in a container, the pressure of each gas (partial pressure or concentration) is equal to the pressure that each gas would produce if it occupied the container alone. This applies equally well to the concentration of a gas in...

In this paper, we consider the dynamics of solutions to complex-valued evolutionary partial differential equations (PDEs) and show existence heteroclinic orbits from nontrivial equilibria zero via computer-assisted proofs. We also that unbounded along unstable manifolds at equilibrium follows orbits. Our proof consists three separate techniques rigorous numerics: an enclosure a local manifold e...

In this paper we used a previously reported model for examining the adsorption of nonelectrolytes in solution by solid adsorbents to study the adsorption of lithium(I) cations by acid and sodium amberlites, which is an ion-exchange process. Based on the results, both are equilibrium processes and obey a kinetic law with a unity partial order in the Li+ concentration. The kinetic results were us...

We study an SV IR model of disease transmission with immigration into all four classes. Vaccinated individuals may only receive partial immunity to the disease, giving a leaky vaccine. The incidence function permits a nonlinear response to the number of infectives, so that mass action and saturating incidence are included as special cases. Because of the immigration of infected individuals, the...