Home About us Contact
|
Home About us Contact | ||
|
|
||
Dynamic Equilibrium Model (dynamic + equilibrium_model)
Selected AbstractsFlow reversal over a natural pool,riffle sequence: a computational studyEARTH SURFACE PROCESSES AND LANDFORMS, Issue 7 2003Zhixian Cao Abstract A computational study is presented on the hydraulics of a natural pool,rif,e sequence composed of mixed cobbles, pebbles and sand in the River Lune, northern England. A depth-averaged two-dimensional numerical model is employed, calibrated with observed data at the ,eld site. From the computational outputs, the occurrence of longitudinally double peak zones of bed shear stress and velocity is found. In particular, at low discharge there exists a primary peak zone of bed shear stress and velocity at the rif,e tail in line with the local maximum energy slope, in addition to a secondary peak at the pool head. As discharge increases, the primary peak at the rif,e tail at low ,ow moves toward the upstream side of the rif,e along with the maximum energy slope, showing progressive equalization to the surrounding hydraulic pro,les. Concurrently, the secondary peak, due to channel constriction, appears to stand at the pool head, with its value increasing with discharge and approaching or exceeding the primary peak over the rif,e. The existence of ,ow reversal is demonstrated for this speci,c case, which is attributable to channel constriction at the pool head. A dynamic equilibrium model is presented to reconstruct the pool,rif,e morphology. A series of numerical modelling exercises demonstrates that the pool,rif,e morphology is more likely produced by shallow ,ows concentrated with coarse sediments than deep ,ows laden with low concentrations of ,ne sediments. It is concluded that channel constriction can, but may not necessarily, lead to competence reversal, depending on channel geometry, ,ow discharge and sediment properties. Copyright © 2003 John Wiley & Sons, Ltd. [source] WHAT ACCOUNTS FOR THE DECLINE IN CRIME?*INTERNATIONAL ECONOMIC REVIEW, Issue 3 2004mrohoro In this article we analyze recent trends in aggregate property crime rates in the United States. We propose a dynamic equilibrium model that guides our quantitative investigation of the major determinants of observed patterns of crime. Our main findings can be summarized as follows: First, the model is capable of reproducing the drop in crime between 1980 and 1996. Second, the most important factors that account for the observed decline in property crime are the higher apprehension probability, the stronger economy, and the aging of the population. Third, the effect of unemployment on crime is negligible. Fourth, the increased inequality prevented an even larger decline in crime. Overall, our analysis can account for the behavior of the time series of property crime rates over the past quarter century. [source] An Analysis of the Market for Taxicab Rides in New York City*INTERNATIONAL ECONOMIC REVIEW, Issue 2 2003Ricardo LagosArticle first published online: 2 JUN 200 In the last few years, the city of New York has increased taxicab fares and relaxed a 59-year-old cap on the number of licenses. This article uses a dynamic equilibrium model of meeting frictions to quantify the impact of these policies on medallion prices and on the process that rules the meetings between passengers and taxicabs in New York City. [source] Estimation Uncertainty and the Equity Premium,INTERNATIONAL REVIEW OF FINANCE, Issue 3 2009HONG YANArticle first published online: 25 AUG 200 ABSTRACT This paper studies a dynamic equilibrium model of asset prices in a partially observable exchange economy. It shows that the precautionary savings motive in response to estimation uncertainty can dominate the risk aversion effect, resulting in the reduction of the equity premium over short horizons. This exacerbates the equity premium puzzle. Over longer holding horizons, however, estimation uncertainty does induce higher risk premiums on equity over risk-free coupon bonds of matching maturities, as long-term bond yields are lowered due to the precautionary savings effect. [source] Rules for macroorganisms applied to microorganisms: patterns of endemism in benthic freshwater diatomsOIKOS, Issue 4 2007Cathy Kilroy Ecological theory based on the dynamic equilibrium model (DEM) suggests that maintenance of endemic taxa is most likely in stable, unproductive environments. We tested whether this hypothesis, which was developed mainly using terrestrial plant examples, held when applied to distributions of benthic freshwater diatoms in New Zealand. Given current arguments for the ubiquity of microbial organisms, with distributions determined mainly by environmental tolerances, demonstration that distinctive taxa with evidently restricted distributions conform to theory applicable to larger organisms would lend support to the opposite point of view, that barriers to dispersal do exist. We examined diatom communities from over 320 sites representing the entire spectrum of freshwater habitats in New Zealand and assessed relative abundances of the main taxa present. Each taxon distinguished was assigned to one of five distribution categories ranging from cosmopolitan to endemic. We derived indices of disturbance and productivity for each site using the River Environment Classification (REC), a GIS-based classification system developed for New Zealand rivers. Diatom taxa assigned to endemic or distinctive potential endemic categories were significantly more abundant in low disturbance sites but occurred across a range of productivities. However, bogs and tarns, both of which fell mainly into low disturbance and productivity classes, were distinctive in supporting relatively high proportions of endemic and potential endemic diatoms. Thus our findings in general conformed to the patterns predicted by the DEM, thereby supporting the role of dispersal limitation in diatoms. At the same time, conformity with the DEM helps to explain the continued coexistence in New Zealand freshwaters of many common and apparently cosmopolitan taxa with endemic diatoms, since the DEM explanation for maintenance of endemism does not rely on geographic isolation of species. [source] Predicting invertebrate diversity from disturbance regimes in forest streamsOIKOS, Issue 1 2002Russell G. Death The link between substrate disturbance and stream invertebrate species richness is often complicated by the fact that substrate disturbance removes both invertebrates and periphyton (a potential food source). It is never clear whether disturbance acts directly on species diversity by removing animals or indirectly by reducing one of their food sources. To examine this relationship invertebrate diversity patterns were examined in 25 forest streams in Urewera National Park, New Zealand, where light attenuation from the forest canopy was postulated to limit periphyton biomass and remove the confounding influence of periphyton on the link between substrate disturbance and invertebrate diversity. Invertebrate species richness declined linearly with increasing substrate disturbance. Although periphyton biomass was comparatively low, species richness was more strongly related to periphyton biomass than to any disturbance measure. The highly mobile nature and terrestrial reproductive stage of many lotic invertebrates suggest that colonisation dynamics may have a more important influence on diversity patterns than monopolisation of resources for population growth. Although both the intermediate disturbance hypothesis and the dynamic equilibrium model encompass colonisation as a critical determinant of diversity both models also require a trade-off between the colonising and competitive ability of individual species; a phenomenon which does not appear to occur widely in lotic communities. Rather, it is postulated that resource levels will set an upper limit to the species richness of a benthic community that can be achieved through colonisation of taxa in the absence of disturbance, while disturbance removes taxa and resets the colonisation process. [source] | ||||||||||