scholarly journals Transmission of Trading Orders through Communication Line with Relativistic Delay

2021 ◽  
Vol 9 (1) ◽  
pp. 12
Author(s):  
Peter B. Lerner

The notion of “relativistic finance” became ingrained in the public imagination and has been asserted in many mass-media reports. However, despite an observed drive of the most reputable Wall Street firms to establish their servers ever closer to the trading hubs, there is surprisingly little concrete information related to the relativistic delay of the trading orders. There is an underlying assumption that faster electronics are always beneficial to the stability of the network. In this paper, the author proposes a modified M/M/G queue theory to describe the propagation of the trading signal with finite velocity. Based on this theory, we demonstrate that, even if the reaction time of the system is negligible, the propagating signal is distorted by simple acts of trading along the transmission line.

2013 ◽  
Vol 55 (1) ◽  
pp. 120-141 ◽  
Author(s):  
Rupa Viswanath

AbstractIn 2002, the Indian state of Tamil Nadu passed a law that illustrates the centrality of what may be called “authentic religious selves” to postcolonial Indian statecraft. It banned religious conversions brought about by what it termed “material allurement,” and it especially targeted those who might attempt to convert impoverished Dalits, descendants of unfree laborers who now constitute India's lowest castes. Conversion, thus conceived, is itself founded upon the idea that the self must be autonomous; religion ought to be freely chosen and not brought about by “allurement.” Philosophers like Charles Taylor have provided accounts of how selfhood of this kind became lodged in the Western imaginaire, but how was it able to take hold in very different social configurations, and to what effect? By attending to this more specific history, this essay brings a correlated but widely overlooked question to center stage: under what distinctive circumstances are particular selves called upon to actively demonstrate their autonomy and authenticity by divulging putatively secreted contents? In colonial South India, I will argue, the problem of authentic conversion only captured the public imagination when Dalit conversions to Christianity in colonial Madras threatened the stability of the agrarian labor regimes to which they were subject. And today, as in nineteenth-century Madras, it is Dalit selfhood that remains an object of intense public scrutiny and the target of legal interventions.


1986 ◽  
Vol 11 (2) ◽  
pp. 105-118 ◽  
Author(s):  
Mary Hamer

When Adrian Noble directed Measure for Measure at the RSC in 1983–4, colour supplement coverage focused on the costumes: the exuberance of the production was indicated by the extravagance of the designs. On 25 April 1985, before the opening of the director's new As You Like It, the Sunday Times Magazine ran an interview with him and with his Rosalind, Juliet Stevenson. There was a sense, not merely to be put down to the artificial hype of the publicity machine, that a new production and above all a new Rosalind were matters of concern and interest to a wide range of consumers of life's good things. Noble's Measure for Measure had been covered almost as a design story but As You Like It was treated very differently. Noble's views on the significance of the retreat into Arden were sought and reported: there was an underlying assumption that the readership had a stake in the representation of this play, that what was being staged was a property held in common by the journal's readers and that the play had a place in the public imagination independently of what directors did with it.


Author(s):  
Olena Pikaliuk ◽  
◽  
Dmitry Kovalenko ◽  

One of the main criteria for economic development is the size of the public debt and its dynamics. The article considers the impact of public debt on the financial security of Ukraine. The views of scientists on the essence of public debt and financial security of the state are substantiated. An analysis of the dynamics and structure of public debt of Ukraine for 2014-2019. It is proved that one of the main criteria for economic development is the size of public debt and its dynamics. State budget deficit, attracting and using loans to cover it have led to the formation and significant growth of public debt in Ukraine. The volume of public debt indicates an increase in the debt security of the state, which is a component of financial security. Therefore, the issue of the impact of public debt on the financial security of Ukraine is becoming increasingly relevant. The constant growth and large amounts of debt make it necessary to study it, which will have a positive impact on economic processes that will ensure the stability of the financial system and enhance its security.


2020 ◽  
Author(s):  
Katsuya Maruyama ◽  
Takashi Ishiyama ◽  
Yohei Seki ◽  
Kounosuke Oisaki ◽  
Motomu Kanai

A novel Tyr-selective protein bioconjugation using the water-soluble persistent iminoxyl radical is described. The conjugation proceeded with high Tyr-selectivity and short reaction time under biocompatible conditions (room temperature in buffered media under air). The stability of the conjugates was tunable depending on the steric hindrance of iminoxyl. The presence of sodium ascorbate and/or light irradiation promoted traceless deconjugation, restoring the native Tyr structure. The method is applied to the synthesis of a protein-dye conjugate and further derivatization to azobenzene-modified peptides.


Author(s):  
Cassandra L. Yacovazzi

Nuns in popular media today are a staple of kitsch culture, evident in the common appearance of bobble-head nuns, nun costumes, and nun caricatures on TV, movies, and the stage. Nun stereotypes include the sexy vixen, the naïve innocent, and the scary nun. These types were forged in nineteenth-century convent narratives. While people today may not recognize the name “Maria Monk,” her legacy lives on in the public imagination. There may be no demands to search convents, but nuns and monastic life are nevertheless generally not taken seriously. This epilogue traces opposition to nuns from the Civil War to the present, analyzing the various images of nuns in popular culture as they relate to the antebellum campaign against convents. It argues that the source of the misunderstanding about nuns is rooted in the inability to categorize these women either as traditional wives and mothers or as secular, career-driven singles.


Author(s):  
Michael Szollosy

Public perceptions of robots and artificial intelligence (AI)—both positive and negative—are hopelessly misinformed, based far too much on science fiction rather than science fact. However, these fictions can be instructive, and reveal to us important anxieties that exist in the public imagination, both towards robots and AI and about the human condition more generally. These anxieties are based on little-understood processes (such as anthropomorphization and projection), but cannot be dismissed merely as inaccuracies in need of correction. Our demonization of robots and AI illustrate two-hundred-year-old fears about the consequences of the Enlightenment and industrialization. Idealistic hopes projected onto robots and AI, in contrast, reveal other anxieties, about our mortality—and the transhumanist desire to transcend the limitations of our physical bodies—and about the future of our species. This chapter reviews these issues and considers some of their broader implications for our future lives with living machines.


Author(s):  
Michael Szollosy

This chapter introduces the “Perspectives” section of the Handbook of Living Machines offering an overview of the different contributions gathered here that consider how biomimetic and biohybrid systems will transform our personal lives and social organizations, and how we might respond to the challenges that these transformations will inevitably pose to our ‘posthuman’ worlds. The authors in this section see it as essential that those who aspire to create living machines engage with the public to confront misconceptions, deep anxieties, and unrealistic aspirations that presently dominate the cultural imagination, and to include potential users in questions of design and utility as new technologies are being developed. Human augmentation and enhancement are other important themes addressed, raising important questions about what it means fundamentally to be ‘human’. These questions and challenges are addressed through the lens of the social and personal impacts of new technologies on human selves, the public imagination, ethics, and human relationships.


2020 ◽  
Vol 13 (1) ◽  
pp. 272
Author(s):  
Aaron C. Sparks ◽  
Heather Hodges ◽  
Sarah Oliver ◽  
Eric R. A. N. Smith

In many public policy areas, such as climate change, news media reports about scientific research play an important role. In presenting their research, scientists are providing guidance to the public regarding public policy choices. How do people decide which scientists and scientific claims to believe? This is a question we address by drawing on the psychology of persuasion. We propose the hypothesis that people are more likely to believe local scientists than national or international scientists. We test this hypothesis with an experiment embedded in a national Internet survey. Our experiment yielded null findings, showing that people do not discount or ignore research findings on climate change if they come from Europe instead of Washington-based scientists or a leading university in a respondent’s home state. This reinforces evidence that climate change beliefs are relatively stable, based on party affiliation, and not malleable based on the source of the scientific report.


2020 ◽  
Vol 8 (2) ◽  
pp. 185-204
Author(s):  
Boga Thura Manatsha

There are rising public concerns about the acquisition of prime land by non-citizens/foreigners in Botswana, especially in the sprawling urban and peri-urban areas. Indians, Nigerians and Chinese, among others, are allegedly involved in such land transactions. There is a salient local resentment towards them and/or such transactions. Sensational media reports, emotive public statements by politicians, chiefs and government officials, and anger from ordinary citizens dominate the discourse. These emotive public debates about this issue warrant some academic comment. This article argues that the acquisition of land by foreigners in Botswana, in each land category—tribal, state and freehold—is legally allowed by the relevant laws. But this does not mean that citizens have no right to raise concerns and/or show their disapproval of some of these legal provisions. Aware of the public outcry, the government has since passed the Land Policy in 2015, revised in 2019, and amended the Tribal Land Act in 2018, not yet operational, to try and strictly regulate the acquisition of land by non-citizens. There is no readily available statistical data, indicating the ownership of land by foreigners in each land category. This issue is multifaceted and needs to be cautiously handled, lest it breeds xenophobia or the anti-foreigner sentiments.


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