The overuse of financial contracts known as derivatives – which were designed to help companies hedge against risk – was widely blamed for triggering the economic crisis of 2008. None other than Warren Buffet has attacked derivatives as “time bombs – both for the parties that deal in them and the economic system.”
But now, for the first time, researchers have found that hedging can increase firm value. (more…)
ANN ARBOR — When water is scarce, Ecuador laurel trees ramp up their investment in a syrupy treat that sends resident ant defenders into overdrive, protecting the trees from defoliation by leaf-munching pests.
The water-stressed tropical forest trees support the production of more honeydew, a sugary excretion imbibed by the Azteca ants that nest in the laurels’ stem cavities. In return, ant colonies boost their numbers and more vigorously defend the life-sustaining foliage. (more…)
Physicists have reproduced a pattern resembling the cosmic microwave background radiation in a laboratory simulation of the Big Bang, using ultracold cesium atoms in a vacuum chamber at the University of Chicago.
“This is the first time an experiment like this has simulated the evolution of structure in the early universe,” said Cheng Chin, professor in physics. Chin and his associates reported their feat in the Aug. 1 edition of Science Express, and it will appear soon in the print edition of Science. (more…)
Physical activity reorganizes the brain so that its response to stress is reduced and anxiety is less likely to interfere with normal brain function, according to a research team based at Princeton University.
The researchers report in the Journal of Neuroscience that when mice allowed to exercise regularly experienced a stressor — exposure to cold water — their brains exhibited a spike in the activity of neurons that shut off excitement in the ventral hippocampus, a brain region shown to regulate anxiety. (more…)
Reappraisal is a widely-used cognitive strategy that can help people to regulate their reactions to emotionally charged events. Now, new research suggests that reappraisal may even be effective in changing people’s emotional responses in the context of one of the most intractable conflicts worldwide: the Israeli-Palestinian conflict.
“Negative intergroup emotions play a crucial role in decisions that perpetuate intractable conflicts,” observes lead researcher Eran Halperin of the New School of Psychology at the Interdisciplinary Center in Israel. (more…)
PASADENA, Calif. – A new analysis led by NASA’s Jet Propulsion Laboratory, Pasadena, Calif., has estimated how much the growth of plants worldwide is limited by the amount of nutrients available in their soil. The maps produced from the research will be particularly useful in evaluating how much carbon dioxide Earth’s ecosystems may be able to soak up as greenhouse gas levels increase.
A research team led by JPL research scientist Josh Fisher used 19 years of data from NASA, National Oceanic and Atmospheric Administration and international satellites to assess the maximum possible growth of vegetation all over the world based upon available water and light conditions. The scientists then cross-compared that potential maximum with observed vegetation productivity as measured by satellites. This is the first time such an analysis has been conducted. (more…)
TeselaGen’s DNA construction technology makes genetic engineering cheaper and faster.
Sequencing, splicing and expressing DNA may seem to be the quintessence of cutting-edge science—indeed DNA manipulation has revolutionized fields such as biofuels, chemicals and medicine. But in fact, the actual process can still be tedious and labor-intensive, something Lawrence Berkeley National Laboratory (Berkeley Lab) scientist Nathan Hillson learned the hard way.
After struggling for two days to design a protocol to put together a genetic circuit with 10 pieces of DNA—using a spreadsheet as his primary tool—he was dismayed to discover that an outside company could have done the whole thing, including parts and labor, for lower cost than him ordering the oligonucleotides himself. “I learned two things: one, I never wanted to go through that process again, and two, it’s extremely important to do the cost-effectiveness calculation,” said Hillson, a biochemist who also directs the synthetic biology program at the Berkeley Lab-led Joint BioEnergy Institute (JBEI). “So that was the genesis of the j5 software. This is the perfect thing to teach a computer to do.” (more…)
UD-Stanford team calculates maximum global energy potential from wind
Wind turbines could power half the world’s future energy demands with minimal environmental impact, according to new research published by University of Delaware and Stanford University scientists in the Proceedings of the National Academy of Sciences.
The researchers arrived at the determination by calculating the maximum theoretical potential of wind power worldwide, taking into account the effects that numerous wind turbines would have on surface temperatures, water vapor, atmospheric circulations and other climatic considerations.
“Wind power is very safe from the climate point of view,” said Cristina Archer, associate professor of geography and physical ocean science and engineering at UD. (more…)
