scholarly journals Entry Deterrence and Free Riding in License Auctions: Incumbent Heterogeneity and Monotonicity

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Biung-Ghi Ju ◽  
Seung Han Yoo

Abstract We examine free riding for entry deterrence in license auctions with heterogeneous incumbents. We establish the monotonicity of randomized preemptive bidding equilibria: an incumbent with a higher entry-loss rate has greater free-riding incentive, choosing a lower deterring probability. We then identify conditions for the existence of a series of fully or partially participating equilibria such that two or more incumbents with bounded heterogeneity in their entry-loss rates participate in randomized preemptive bidding. As an application, we examine a simple case of a bipartite group of participating incumbents consisting of one “leader” and many “followers”. We show that the policy of limiting the leader’s participation (set-asides for entrants, limiting participation of incumbents with excessive market shares, etc.) may or may not increase entry probability.

2018 ◽  
Vol 11 (12) ◽  
pp. 6577-6588 ◽  
Author(s):  
Ningxin Wang ◽  
Spiro D. Jorga ◽  
Jeffery R. Pierce ◽  
Neil M. Donahue ◽  
Spyros N. Pandis

Abstract. The interaction of particles with the chamber walls has been a significant source of uncertainty when analyzing results of secondary organic aerosol (SOA) formation experiments performed in Teflon chambers. A number of particle wall-loss correction methods have been proposed including the use of a size-independent loss rate constant, the ratio of suspended organic mass to that of a conserved tracer (e.g., sulfate seeds), and a size-dependent loss rate constant, etc. For complex experiments such as the chemical aging of SOA, the results of the SOA quantification analysis can be quite sensitive to the adopted correction method due to the evolution of the particle size distribution and the duration of these experiments. We evaluated the performance of several particle wall-loss correction methods for aging experiments of α-pinene ozonolysis products. Determining the loss rates from seed loss periods is necessary for this system because it is not clear when chemical reactions have been completed. Results from the OA ∕ sulfate ratio and the size-independent correction methods can be influenced significantly by the size dependence of the particle wall-loss process. Coagulation can also affect the particle size distribution, especially for particles with diameter less than 100 nm, thus introducing errors in the results of the wall-loss correction. The corresponding loss rate constants may vary from experiment to experiment, and even during a specific experiment. Friction between the Teflon chamber walls and non-conductive surfaces can significantly increase particle wall-loss rates and the chamber may require weeks to recover to its original condition. Experimental procedures are proposed for the characterization of particle losses during different stages of these experiments and the evaluation of corresponding particle wall-loss correction.


2019 ◽  
Vol 622 ◽  
pp. A123 ◽  
Author(s):  
J. M. da Silva Santos ◽  
J. Ramos-Medina ◽  
C. Sánchez Contreras ◽  
P. García-Lario

Context. This is the second paper of a series making use of Herschel/PACS spectroscopy of evolved stars in the THROES catalogue to study the inner warm regions of their circumstellar envelopes (CSEs). Aims. We analyse the CO emission spectra, including a large number of high-J CO lines (from J = 14–13 to J = 45–44, ν = 0), as a proxy for the warm molecular gas in the CSEs of a sample of bright carbon-rich stars spanning different evolutionary stages from the asymptotic giant branch to the young planetary nebulae phase. Methods. We used the rotational diagram (RD) technique to derive rotational temperatures (Trot) and masses (MH2) of the envelope layers where the CO transitions observed with PACS arise. Additionally, we obtained a first order estimate of the mass-loss rates and assessed the impact of the opacity correction for a range of envelope characteristic radii. We used multi-epoch spectra for the well-studied C-rich envelope IRC+10216 to investigate the impact of CO flux variability on the values of Trot and MH2. Results. The sensitivity of PACS allowed for the study of higher rotational numbers than before indicating the presence of a significant amount of warmer gas (∼200 − 900 K) that is not traceable with lower J CO observations at submillimetre/millimetre wavelengths. The masses are in the range MH2 ∼ 10−2 − 10−5 M⊙, anticorrelated with temperature. For some strong CO emitters we infer a double temperature (warm T¯rot ∼ 400 K and hot T¯rot ∼ 820 K) component. From the analysis of IRC+10216, we corroborate that the effect of line variability is perceptible on the Trot of the hot component only, and certainly insignificant on MH2 and, hence, the mass-loss rate. The agreement between our mass-loss rates and the literature across the sample is good. Therefore, the parameters derived from the RD are robust even when strong line flux variability occurs, and the major source of uncertainty in the estimate of the mass-loss rate is the size of the CO-emitting volume.


2020 ◽  
Vol 492 (4) ◽  
pp. 5994-6006 ◽  
Author(s):  
Emma R Beasor ◽  
Ben Davies ◽  
Nathan Smith ◽  
Jacco Th van Loon ◽  
Robert D Gehrz ◽  
...  

ABSTRACT Evolutionary models have shown the substantial effect that strong mass-loss rates ($\dot{M}$s) can have on the fate of massive stars. Red supergiant (RSG) mass-loss is poorly understood theoretically, and so stellar models rely on purely empirical $\dot{M}$–luminosity relations to calculate evolution. Empirical prescriptions usually scale with luminosity and effective temperature, but $\dot{M}$ should also depend on the current mass and hence the surface gravity of the star, yielding more than one possible $\dot{M}$ for the same position on the Hertzsprung–Russell diagram. One can solve this degeneracy by measuring $\dot{M}$ for RSGs that reside in clusters, where age and initial mass (Minit) are known. In this paper we derive $\dot{M}$ values and luminosities for RSGs in two clusters, NGC 2004 and RSGC1. Using newly derived Minit measurements, we combine the results with those of clusters with a range of ages and derive an Minit-dependent $\dot{M}$ prescription. When comparing this new prescription to the treatment of mass-loss currently implemented in evolutionary models, we find models drastically overpredict the total mass-loss, by up to a factor of 20. Importantly, the most massive RSGs experience the largest downward revision in their mass-loss rates, drastically changing the impact of wind mass-loss on their evolution. Our results suggest that for most initial masses of RSG progenitors, quiescent mass-loss during the RSG phase is not effective at removing a significant fraction of the H-envelope prior to core-collapse, and we discuss the implications of this for stellar evolution and observations of SNe and SN progenitors.


2018 ◽  
Vol 14 (S343) ◽  
pp. 458-459
Author(s):  
Walter J. Macie ◽  
Roberto D. D. Costa

AbstractA sample of AGB/RGB stars with an excess of Li abundances is considered in order to estimate their mass loss rates. Our method is based on a correlation between the Li abundances and the stellar luminosity, using a modified version of the Reimers formula. We have adopted a calibration based on an empirical correlation between the mass loss rate and stellar parameters. We conclude that most Li-rich stars have lower mass loss rates compared with the majority of AGB/RGB stars, which show no evidences of Li enhancements, so that the Li enrichment process is probably not associated with an increased mass loss rate.


2015 ◽  
Vol 11 (A29B) ◽  
pp. 454-454 ◽  
Author(s):  
Cyril Georgy ◽  
Sylvia Ekström

AbstractThe red supergiant phase is an important phase of the evolution of massive star, as it mostly determines its final stages. One of the most important driver of the evolution during this phase is mass loss. However, the mass-loss rates prescription used for red supergiants in current stellar evolution models are still very inaccurate.Varying the mass-loss rate makes the star evolve for some time in yellow/blue regions of the HRD, modifying the number of RSGs in some luminosity ranges. Figure 1 shows how the luminosity distribution of RSGs is modified for various mass-loss prescriptions. This illustrates that it is theoretically possible to determine at least roughly what is the typical mass loss regime of RSGs in a stellar evolution perspective.


2020 ◽  
Vol 635 ◽  
pp. A173 ◽  
Author(s):  
J. Krtička ◽  
J. Kubát ◽  
I. Krtičková

Context. Fast line-driven stellar winds play an important role in the evolution of planetary nebulae, even though they are relatively weak. Aims. We provide global (unified) hot star wind models of central stars of planetary nebulae. The models predict wind structure including the mass-loss rates, terminal velocities, and emergent fluxes from basic stellar parameters. Methods. We applied our wind code for parameters corresponding to evolutionary stages between the asymptotic giant branch and white dwarf phases for a star with a final mass of 0.569 M⊙. We study the influence of metallicity and wind inhomogeneities (clumping) on the wind properties. Results. Line-driven winds appear very early after the star leaves the asymptotic giant branch (at the latest for Teff ≈ 10 kK) and fade away at the white dwarf cooling track (below Teff = 105 kK). Their mass-loss rate mostly scales with the stellar luminosity and, consequently, the mass-loss rate only varies slightly during the transition from the red to the blue part of the Hertzsprung–Russell diagram. There are the following two exceptions to the monotonic behavior: a bistability jump at around 20 kK, where the mass-loss rate decreases by a factor of a few (during evolution) due to a change in iron ionization, and an additional maximum at about Teff = 40−50 kK. On the other hand, the terminal velocity increases from about a few hundreds of km s−1 to a few thousands of km s−1 during the transition as a result of stellar radius decrease. The wind terminal velocity also significantly increases at the bistability jump. Derived wind parameters reasonably agree with observations. The effect of clumping is stronger at the hot side of the bistability jump than at the cool side. Conclusions. Derived fits to wind parameters can be used in evolutionary models and in studies of planetary nebula formation. A predicted bistability jump in mass-loss rates can cause the appearance of an additional shell of planetary nebula.


1981 ◽  
Vol 59 ◽  
pp. 125-130 ◽  
Author(s):  
A.G. Hearn

I assume that the purpose of this review of the theory of winds from early type stars is to summarize the way in which the mass loss rate of a star may be included in a calculation of stellar evolution. Let me summarize my conclusions. It is not possible. One can only use estimates of mass loss rates obtained from the observations. Even these give a large uncertainty. The observed mass loss rates for different stars of the same spectral type vary. Further the mass loss rates obtained by different methods for the same star differ. An extreme example of this is 9 Sgr. The mass loss rate derived from the radio observations is forty times greater than that derived from the U.V. and optical measurements (Abbott et al. 1980).


2003 ◽  
Vol 3 (2) ◽  
pp. 395-402 ◽  
Author(s):  
J.-U. Grooß ◽  
R. Müller

Abstract. Current stratospheric chemical model simulations underestimate substantially the large ozone loss rates that are derived for the Arctic from ozone sondes for January of some years. Until now, no explanation for this discrepancy has been found. Here, we examine the influence of intrusions of mid-latitude air into the polar vortex on these ozone loss estimates. This study focuses on the winter 1991/92, because during this winter the discrepancy between simulated and experimentally derived ozone loss rates is reported to be the largest. Also during the considered period the vortex was disturbed by a strong warming event with large-scale intrusions of mid-latitude air into the polar vortex, which is quite unusual for this time of the year. The study is based on simulations performed with the Chemical Lagrangian Model of the Stratosphere (CLaMS). Two methods for determination the ozone loss are investigated, the so-called vortex average approach and the Match method. The simulations for January 1992 show that the intrusions induce a reduction of vortex average ozone mixing ratio corresponding to a systematic offset of the ozone loss rate of about 12 ppb per day. This should be corrected for in the vortex average method. The simulations further suggest, that these intrusions do not cause a significant bias for the Match method due to effective quality control measures in the Match technique.


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