Say on Pay: ein Überblick über Gestaltungsoptionen, ökonomische Konsequenzen und Erkenntnisse aus Empirie und Laborexperimenten

Unter dem Stichwort Say on Pay (SoP) haben in den letzen Jahren die meisten Länder der EU und die USA den Aktionären Abstimmungsrechte im Zusammenhang mit der Vergütung des Top-Managements eingeräumt. Zwischen den einzelnen Ländern bestehen jedoch erhebliche Unterschiede hinsichtlich der konkreten Ausgestaltung des SoP. Dieser Beitrag diskutiert die Wirkungen unterschiedlicher Gestaltungsoptionen des SoP auf die Anreizgestaltung und den Nutzen des Managements und der Aktionäre im Rahmen eines einfachen linearen Agency Modells. Dabei erweisen sich das vorvertragliche bindende SoP und das bedingt verpflichtende, nachvertragliche bindende SoP gegenüber den anderen untersuchten Varianten als überlegen. Während das konsultative SoP an seiner mangelnden Durchsetzbarkeit leidet, bietet das nachvertragliche bindende SoP Anreize für opportunistisches Verhalten auf Seiten der Aktionäre und führt deshalb zu Wohlfahrtsverlusten. In Ergänzung der Modellanalyse wird ein Überblick über die wichtigsten empirischen und experimentellen Studien zum Thema SoP gegeben und deren Inhalt im Lichte der Modellergebnisse diskutiert. Most countries of the European Union as well as the US recently introduced shareholder votes on the remuneration of executives, also referred to as “Say on Pay” (SoP). Interestingly, legislators in different jurisdictions opted for quite dissimilar voting right regimes. We provide an overview of the main regulatory approaches and discuss the potential impact of variations in SoP design on the structure of compensation contracts and the utility of shareholders and executives. We find that pre-contractual SoP and conditional post-contractual SoP with binding consequences are in the best interest of shareholders. By contrast, advisory SoP typically suffers from lacking enforceability. We also find that post-contractual SoP with binding consequences results in efficiency losses because it fuels moral hazard on the part of shareholders. We complement the theoretical analysis with a discussion of recent empirical and experimental studies on Say on Pay.

Canonical proof nets for classical logic

Proof nets provide abstract counterparts to sequent proofs modulo rule permutations; the idea being that if two proofs have the same underlying proof-net, they are in essence the same proof. Providing a convincing proof-net counterpart to proofs in the classical sequent calculus is thus an important step in understanding classical sequent calculus proofs. By convincing, we mean that (a) there should be a canonical function from sequent proofs to proof nets, (b) it should be possible to check the correctness of a net in polynomial time, (c) every correct net should be obtainable from a sequent calculus proof, and (d) there should be a cut-elimination procedure which preserves correctness. Previous attempts to give proof-net-like objects for propositional classical logic have failed at least one of the above conditions. In Richard McKinley (2010) [22], the author presented a calculus of proof nets (expansion nets) satisfying (a) and (b); the paper defined a sequent calculus corresponding to expansion nets but gave no explicit demonstration of (c). That sequent calculus, called LK∗ in this paper, is a novel one-sided sequent calculus with both additively and multiplicatively formulated disjunction rules. In this paper (a self-contained extended version of Richard McKinley (2010) [22]), we give a full proof of (c) for expansion nets with respect to LK∗, and in addition give a cut-elimination procedure internal to expansion nets – this makes expansion nets the first notion of proof-net for classical logic satisfying all four criteria.

BAYESIAN STATISTICAL METHODS IN GENE-ENVIRONMENT AND GENE-GENE INTERACTION STUDIES

Complex diseases such as cancer result from multiple genetic changes and environmental exposures. Due to the rapid development of genotyping and sequencing technologies, we are now able to more accurately assess causal effects of many genetic and environmental factors. Genome-wide association studies have been able to localize many causal genetic variants predisposing to certain diseases. However, these studies only explain a small portion of variations in the heritability of diseases. More advanced statistical models are urgently needed to identify and characterize some additional genetic and environmental factors and their interactions, which will enable us to better understand the causes of complex diseases. In the past decade, thanks to the increasing computational capabilities and novel statistical developments, Bayesian methods have been widely applied in the genetics/genomics researches and demonstrating superiority over some regular approaches in certain research areas. Gene-environment and gene-gene interaction studies are among the areas where Bayesian methods may fully exert its functionalities and advantages. This dissertation focuses on developing new Bayesian statistical methods for data analysis with complex gene-environment and gene-gene interactions, as well as extending some existing methods for gene-environment interactions to other related areas. It includes three sections: (1) Deriving the Bayesian variable selection framework for the hierarchical gene-environment and gene-gene interactions; (2) Developing the Bayesian Natural and Orthogonal Interaction (NOIA) models for gene-environment interactions; and (3) extending the applications of two Bayesian statistical methods which were developed for gene-environment interaction studies, to other related types of studies such as adaptive borrowing historical data. We propose a Bayesian hierarchical mixture model framework that allows us to investigate the genetic and environmental effects, gene by gene interactions (epistasis) and gene by environment interactions in the same model. It is well known that, in many practical situations, there exists a natural hierarchical structure between the main effects and interactions in the linear model. Here we propose a model that incorporates this hierarchical structure into the Bayesian mixture model, such that the irrelevant interaction effects can be removed more efficiently, resulting in more robust, parsimonious and powerful models. We evaluate both of the 'strong hierarchical' and 'weak hierarchical' models, which specify that both or one of the main effects between interacting factors must be present for the interactions to be included in the model. The extensive simulation results show that the proposed strong and weak hierarchical mixture models control the proportion of false positive discoveries and yield a powerful approach to identify the predisposing main effects and interactions in the studies with complex gene-environment and gene-gene interactions. We also compare these two models with the 'independent' model that does not impose this hierarchical constraint and observe their superior performances in most of the considered situations. The proposed models are implemented in the real data analysis of gene and environment interactions in the cases of lung cancer and cutaneous melanoma case-control studies. The Bayesian statistical models enjoy the properties of being allowed to incorporate useful prior information in the modeling process. Moreover, the Bayesian mixture model outperforms the multivariate logistic model in terms of the performances on the parameter estimation and variable selection in most cases. Our proposed models hold the hierarchical constraints, that further improve the Bayesian mixture model by reducing the proportion of false positive findings among the identified interactions and successfully identifying the reported associations. This is practically appealing for the study of investigating the causal factors from a moderate number of candidate genetic and environmental factors along with a relatively large number of interactions. The natural and orthogonal interaction (NOIA) models of genetic effects have previously been developed to provide an analysis framework, by which the estimates of effects for a quantitative trait are statistically orthogonal regardless of the existence of Hardy-Weinberg Equilibrium (HWE) within loci. Ma et al. (2012) recently developed a NOIA model for the gene-environment interaction studies and have shown the advantages of using the model for detecting the true main effects and interactions, compared with the usual functional model. In this project, we propose a novel Bayesian statistical model that combines the Bayesian hierarchical mixture model with the NOIA statistical model and the usual functional model. The proposed Bayesian NOIA model demonstrates more power at detecting the non-null effects with higher marginal posterior probabilities. Also, we review two Bayesian statistical models (Bayesian empirical shrinkage-type estimator and Bayesian model averaging), which were developed for the gene-environment interaction studies. Inspired by these Bayesian models, we develop two novel statistical methods that are able to handle the related problems such as borrowing data from historical studies. The proposed methods are analogous to the methods for the gene-environment interactions on behalf of the success on balancing the statistical efficiency and bias in a unified model. By extensive simulation studies, we compare the operating characteristics of the proposed models with the existing models including the hierarchical meta-analysis model. The results show that the proposed approaches adaptively borrow the historical data in a data-driven way. These novel models may have a broad range of statistical applications in both of genetic/genomic and clinical studies.

Cálculo del valor ambiental de los jardines frontales urbanos : Mendoza (Argentina)

Los espacios verdes y, en general, la vegetación que cumple funciones estéticas y de protección ambiental son valorados, medidos y calculados por el área destinada al cultivo, en lugar de basar los cálculos en los elementos vegetales constitutivos. Esto significa una simplificación excesiva de la valoración de la vegetación (actual o proyectada) que no aporta criterios de cuantificación valorativa necesarios, actualmente, tanto para preservar vegetación existente como para políticas de desarrollo urbano y proyectos de ingeniería del mejoramiento ambiental. En el presente trabajo se propone aplicar a la valoración de los jardines frontales urbanos de la ciudad de Mendoza una metodología cuantitativa desarrollada por R. Codina et al., que se apoya en un concepto nuevo que es su influencia como mejoradores ambientales. La ecuación de cálculo se integra con índices de valoración como el Índice de Vegetación Ambientalmente Activa y el Índice Ambiental Urbanístico, que permiten cuantificar la importancia urbanística y ambiental de la vegetación. También se propone una base para implementar una política de incentivo de los jardines frontales mediante la disminución del avalúo valor terreno del impuesto inmobiliario, en una escala progresiva según el Índice Ambiental Urbanístico de cada propiedad, tendiente a la transformación de la ciudad en una ciudad-jardín, mejorando la calidad de vida y el atractivo turístico urbano.

Calcium carbonate, sedimentation and mass accumulation rates at DSDP Site 85-572

At Site 572, located at 1°N, 114° W (3903 m water depth), we recovered a continuous hydraulic piston cored section of upper Miocene to upper Pleistocene pelagic sediments. The sediment is composed of biogenic carbonate and silica with nonbiogenic material as a minor component. Detailed analysis of the calcium carbonate content shows that the degree of variability in carbonate deposition apparently changed markedly between the late Miocene and Pliocene at this equatorial Pacific site. During this interval carbonate mass accumulation rates decreased from 2.6 to 0.8 g/cm**2 per 10**3 yr. If we assume that variations in CaCO3 content reflect changes in the degree of dissolution, then the detailed carbonate analysis would suggest that the degree of variability in carbonate deposition decreases by a factor of 5 as the dominant wavelength of variations increases significantly. However, if the variability in carbonate concentration is described in terms of changes in mean mass accumulation, calculations then suggest that relatively small changes in noncarbonate rates may be important in controlling the observed carbonate records. In addition, the analysis suggests that the degree of variability observed in pelagic carbonate data may in part reflect total accumulation rates. Intervals with high sedimentation rates show lower amplitude variations in concentration than intervals with lower sedimentation rates for the same degree of change in the carbonate accumulation rate.

Fronteras sociales de la Odisea

La relación entre pretendientes, nobles y servidores resulta muy compleja en Odisea. Dentro del expandido mundo doméstico que el poema presenta no se halla una respuesta clara para la presencia de los pretendientes, como tampoco para el rol social desempeñado por algunos servidores cuya característica definitoria es haber sido nobles y expresar en la actualidad una prueba fehaciente de las variaciones de la fortuna. Tal es el caso de Euriclea y Eumeo. El trabajo propone la discusión de la elaboración de los límites entre una clase social y otra, así como la constitución de las fronteras entre ellas, para interpretar la forma en que se articulan en el poema la situación social de personajes menores con la adhesión al héroe protagonista.

Fronteras sociales de la Odisea

La relación entre pretendientes, nobles y servidores resulta muy compleja en Odisea. Dentro del expandido mundo doméstico que el poema presenta no se halla una respuesta clara para la presencia de los pretendientes, como tampoco para el rol social desempeñado por algunos servidores cuya característica definitoria es haber sido nobles y expresar en la actualidad una prueba fehaciente de las variaciones de la fortuna. Tal es el caso de Euriclea y Eumeo. El trabajo propone la discusión de la elaboración de los límites entre una clase social y otra, así como la constitución de las fronteras entre ellas, para interpretar la forma en que se articulan en el poema la situación social de personajes menores con la adhesión al héroe protagonista.

Fronteras sociales de la Odisea

La relación entre pretendientes, nobles y servidores resulta muy compleja en Odisea. Dentro del expandido mundo doméstico que el poema presenta no se halla una respuesta clara para la presencia de los pretendientes, como tampoco para el rol social desempeñado por algunos servidores cuya característica definitoria es haber sido nobles y expresar en la actualidad una prueba fehaciente de las variaciones de la fortuna. Tal es el caso de Euriclea y Eumeo. El trabajo propone la discusión de la elaboración de los límites entre una clase social y otra, así como la constitución de las fronteras entre ellas, para interpretar la forma en que se articulan en el poema la situación social de personajes menores con la adhesión al héroe protagonista.

Radium concentration in water samples from the Northeast Atlantic

We present field measurements of air-sea gas exchange by the radon deficit method that were carried out during JASIN 1978 (NE Atlantic) and FGGE 1979 (Equatorial Atlantic). Both experiments comprised repeated deficit measurements at fixed position over periods of days or longer, using a previously descibed precise and fast-acquiaition, automatic radon measuring system. The deficit time series exhibit variations that only partly reflect the expected changes in gas transfer. By evaluating averages over each time series we deduce the following gas transfer velocities (average wind velocity and water temperature in parentheses): JASIN phase 1: 1.6 ± 0.8 m/d (at ~6 m/s, 13°C) JASIN phase 2: 4.3 ± 1.2 m/d (at ~8 m/s, 13°C) FGGE: 1.2 ± 0.4 m/d (at ~5 m/s, 28°C) 0.9 ± 0.4 m/d (at ~7 m/s, 28°C) 1.5 ± 0.4 m/d (at ~7 m/s, 28°C) The large difference betwen the JASIN phase 2 and FGGE values despite quite similare average wind velocity becomes even larger when the values are, however, fully compatible with the range of gas transfer velocities observed in laboratory experiments and the conclusion is suggested that their difference is caused by the highly different wind variability in JASIN and FGGE. We conclude that in gas exchange parameterization it is not sufficinent to consider wind velocity only. A comparison of our observations with laboratory results outlines the range of variations of air-sea gas transfer velocities with wind velocity and sea state. We also reformulate the radon deficit method, in the light of our observed deficit variations, to account explicitely for non-stationary and horizontal inhomogeneity in previous radon work introduces considerable uncertainty in deduced gas transfere velocity. We furthermore discuss the observational rewuirements that have to be met for an adequate exploitation of the radon deficit method, of which an observation area of minimum horizontal inhomogeneity and monitoring of the remaining inhomogeneities are thought to be the most stringent ones.

Seawater carbonate chemistry and calcification during experiments with a coral Madracis auretenra, 2010

Physiological data and models of coral calcification indicate that corals utilize a combination of seawater bicarbonate and (mainly) respiratory CO2 for calcification, not seawater carbonate. However, a number of investigators are attributing observed negative effects of experimental seawater acidification by CO2 or hydrochloric acid additions to a reduction in seawater carbonate ion concentration and thus aragonite saturation state. Thus, there is a discrepancy between the physiological and geochemical views of coral biomineralization. Furthermore, not all calcifying organisms respond negatively to decreased pH or saturation state. Together, these discrepancies suggest that other physiological mechanisms, such as a direct effect of reduced pH on calcium or bicarbonate ion transport and/or variable ability to regulate internal pH, are responsible for the variability in reported experimental effects of acidification on calcification. To distinguish the effects of pH, carbonate concentration and bicarbonate concentration on coral calcification, incubations were performed with the coral Madracis auretenra (= Madracis mirabilis sensu Wells, 1973) in modified seawater chemistries. Carbonate parameters were manipulated to isolate the effects of each parameter more effectively than in previous studies, with a total of six different chemistries. Among treatment differences were highly significant. The corals responded strongly to variation in bicarbonate concentration, but not consistently to carbonate concentration, aragonite saturation state or pH. Corals calcified at normal or elevated rates under low pH (7.6-7.8) when the seawater bicarbonate concentrations were above 1800 µm. Conversely, corals incubated at normal pH had low calcification rates if the bicarbonate concentration was lowered. These results demonstrate that coral responses to ocean acidification are more diverse than currently thought, and question the reliability of using carbonate concentration or aragonite saturation state as the sole predictor of the effects of ocean acidification on coral calcification.

Carbohydrates in waters and sediments

The book is devoted to study of diagenetic changes of organic matter and mineral part of sediments and interstitial waters of the Pacific Ocean due to physical-chemical and microbiological processes. Microbiological studies deal with different groups of bacteria. Regularities of quantitative distribution and the role of microorganisms in geochemical processes are under consideration. Geochemical studies highlight redox processes of the early stages of sediment diagenesis, alterations of interstitial waters, regularities of variations in chemical composition of iron-manganese nodules.

Modelización por métodos numéricos de la degradación térmica de un elemento estructural de madera en situación de incendio

La cuantificación de la reducción de las propiedades resistentes y de la sección de un elemento estructural en situación de incendio es fundamental de cara a garantizar la estabilidad estructural en situación de incendio. Existen investigaciones que tratan de determinar la variación de las propiedades térmicas y mecánicas de la madera sometida a cargas térmicas, y la reducción de sección transversal de un elemento estructural de madera. La normativa europea en materia de construcción con madera, el Eurocódigo 5, propone unas simplificaciones para determinar la sección residual de un elemento estructural de madera en situación de incendio. Los objetivos de este trabajo comprenden una revisión de algunos trabajos realizados en el campo de la variación en función de la temperatura de las propiedades térmicas de la madera (calor específico, densidad y conductividad térmica), y la construcción con los distintos valores propuestos de varios modelos de elementos finitos que se someterán a cargas térmicas definidas por la curva ISO 834-1. Los resultados se compararán con un modelo construido con los valores que el Eurocódigo propone y con un ensayo experimental. Como resultado final, se propone finalmente un modelo de elementos finitos que emule el comportamiento del ensayo experimental. The quantification of the decrease of strength properties and section of a structural element in a fire situation is critical in order to guarantee the structural stability in such a fire event. There are some researches in literature trying to find the variation of thermal and mechanical properties of wood subjected to thermal loads, and the decrease of cross section of a wooden structural element. The European legislation on timber construction, Eurocode 5, proposes a simplification to determine the residual section of a wooden structural element in a fire situation. This paper objectives consist in a review of some researches in the field of variations, depending on the temperature, of the thermal properties of wood (specific heat, density and thermal conductivity); and in the construction of a few finite element models of timber structural elements affected by thermal loads according to ISO 834-1. The results were compared with a model based in Eurocode 5 and with an experimental test. As final result, at last, we propose a finite element model that simulates the behavior of the experimental tested element.

Relational and Allegorical Semantics for Constraint Logic Programming

El cálculo de relaciones binarias fue creado por De Morgan en 1860 para ser posteriormente desarrollado en gran medida por Peirce y Schröder. Tarski, Givant, Freyd y Scedrov demostraron que las álgebras relacionales son capaces de formalizar la lógica de primer orden, la lógica de orden superior así como la teoría de conjuntos. A partir de los resultados matemáticos de Tarski y Freyd, esta tesis desarrolla semánticas denotacionales y operacionales para la programación lógica con restricciones usando el álgebra relacional como base. La idea principal es la utilización del concepto de semántica ejecutable, semánticas cuya característica principal es el que la ejecución es posible utilizando el razonamiento estándar del universo semántico, este caso, razonamiento ecuacional. En el caso de este trabajo, se muestra que las álgebras relacionales distributivas con un operador de punto fijo capturan toda la teoría y metateoría estándar de la programación lógica con restricciones incluyendo los árboles utilizados en la búsqueda de demostraciones. La mayor parte de técnicas de optimización de programas, evaluación parcial e interpretación abstracta pueden ser llevadas a cabo utilizando las semánticas aquí presentadas. La demostración de la corrección de la implementación resulta extremadamente sencilla. En la primera parte de la tesis, un programa lógico con restricciones es traducido a un conjunto de términos relacionales. La interpretación estándar en la teoría de conjuntos de dichas relaciones coincide con la semántica estándar para CLP. Las consultas contra el programa traducido son llevadas a cabo mediante la reescritura de relaciones. Para concluir la primera parte, se demuestra la corrección y equivalencia operacional de esta nueva semántica, así como se define un algoritmo de unificación mediante la reescritura de relaciones. La segunda parte de la tesis desarrolla una semántica para la programación lógica con restricciones usando la teoría de alegorías—versión categórica del álgebra de relaciones—de Freyd. Para ello, se definen dos nuevos conceptos de Categoría Regular de Lawvere y _-Alegoría, en las cuales es posible interpretar un programa lógico. La ventaja fundamental que el enfoque categórico aporta es la definición de una máquina categórica que mejora e sistema de reescritura presentado en la primera parte. Gracias al uso de relaciones tabulares, la máquina modela la ejecución eficiente sin salir de un marco estrictamente formal. Utilizando la reescritura de diagramas, se define un algoritmo para el cálculo de pullbacks en Categorías Regulares de Lawvere. Los dominios de las tabulaciones aportan información sobre la utilización de memoria y variable libres, mientras que el estado compartido queda capturado por los diagramas. La especificación de la máquina induce la derivación formal de un juego de instrucciones eficiente. El marco categórico aporta otras importantes ventajas, como la posibilidad de incorporar tipos de datos algebraicos, funciones y otras extensiones a Prolog, a la vez que se conserva el carácter 100% declarativo de nuestra semántica. ABSTRACT The calculus of binary relations was introduced by De Morgan in 1860, to be greatly developed by Peirce and Schröder, as well as many others in the twentieth century. Using different formulations of relational structures, Tarski, Givant, Freyd, and Scedrov have shown how relation algebras can provide a variable-free way of formalizing first order logic, higher order logic and set theory, among other formal systems. Building on those mathematical results, we develop denotational and operational semantics for Constraint Logic Programming using relation algebra. The idea of executable semantics plays a fundamental role in this work, both as a philosophical and technical foundation. We call a semantics executable when program execution can be carried out using the regular theory and tools that define the semantic universe. Throughout this work, the use of pure algebraic reasoning is the basis of denotational and operational results, eliminating all the classical non-equational meta-theory associated to traditional semantics for Logic Programming. All algebraic reasoning, including execution, is performed in an algebraic way, to the point we could state that the denotational semantics of a CLP program is directly executable. Techniques like optimization, partial evaluation and abstract interpretation find a natural place in our algebraic models. Other properties, like correctness of the implementation or program transformation are easy to check, as they are carried out using instances of the general equational theory. In the first part of the work, we translate Constraint Logic Programs to binary relations in a modified version of the distributive relation algebras used by Tarski. Execution is carried out by a rewriting system. We prove adequacy and operational equivalence of the semantics. In the second part of the work, the relation algebraic approach is improved by using allegory theory, a categorical version of the algebra of relations developed by Freyd and Scedrov. The use of allegories lifts the semantics to typed relations, which capture the number of logical variables used by a predicate or program state in a declarative way. A logic program is interpreted in a _-allegory, which is in turn generated from a new notion of Regular Lawvere Category. As in the untyped case, program translation coincides with program interpretation. Thus, we develop a categorical machine directly from the semantics. The machine is based on relation composition, with a pullback calculation algorithm at its core. The algorithm is defined with the help of a notion of diagram rewriting. In this operational interpretation, types represent information about memory allocation and the execution mechanism is more efficient, thanks to the faithful representation of shared state by categorical projections. We finish the work by illustrating how the categorical semantics allows the incorporation into Prolog of constructs typical of Functional Programming, like abstract data types, and strict and lazy functions.

Evaluación del comportamiento mecánico, estructural y frente a la corrosión, de una nueva armadura de acero inoxidable dúplex bajo en níquel

La durabilidad de las estructuras de hormigón armado no es ilimitada, en especial en determinados ambientes. El ingreso de agentes agresivos en el hormigón, fundamentalmente dióxido de carbono e iones cloruros, rebasando el espesor del recubrimiento y alcanzando las armaduras, reducen el alto pH del hormigón hasta alcanzar un umbral crítico, por debajo del cual, el acero queda despasivado. Posteriormente, si existe el suficiente aporte de humedad y oxígeno, el acero se corroe, lo que supone drásticas reducciones de la vida de servicio de estas estructuras y su inevitable reparación. La utilización de armaduras de acero inoxidable es una alternativa que está recibiendo cada vez más consideración. Su resistencia a la corrosión en los ambientes más agresivos, incluso con ataque de cloruros, lo convierte en el material idóneo para prolongar de forma muy considerable la vida útil de la estructura. En este trabajo se ha evaluado el comportamiento mecánico y estructural, y de resistencia a la corrosión, de un nuevo acero inoxidable dúplex de bajo contenido en níquel, el EN 1.4482 (AISI 2001), y se ha comparado con el inoxidable austenítico más utilizado, el EN 1.4301 (AISI 304), con el dúplex EN 1.4362 (AISI 2304) y con el tradicional acero al carbono B-500-SD. El estudio mecánico y estructural se ha realizado en tres niveles diferentes: a nivel de barra, estudiando las propiedades mecánicas y de ductilidad de los cuatro aceros citados; a nivel de sección, estudiando su comportamiento a flexión con diferentes cuantías de armado por medio de los diagramas momento-curvatura; y a nivel de pieza, ensayando una serie de vigas armadas con diferentes aceros y cuantías, y comprobando su comportamiento a desplazamiento y resistencia por medio de los diagramas carga-desplazamiento. El estudio de resistencia a la corrosión se ha realizado embebiendo barras corrugadas, de los tres aceros inoxidables mencionados, en probetas de mortero contaminadas con diferentes cantidades de cloruros, y realizando mediciones electroquímicas durante un periodo de al menos un año. Se han preparado probetas de mortero para dos comparativas diferentes. La primera, manteniendo las probetas en un desecador con el 95 % de humedad relativa durante todo el periodo de mediciones. La segunda, sumergiendo parcialmente las probetas en una solución tampón para carbonatar el mortero. Los resultados de los ensayos mecánicos han demostrado dos aspectos diferentes. Uno, que las armaduras de acero inoxidable tienen un comportamiento muy similar a las de acero al carbono en lo referente a las resistencias alcanzadas, en el límite elástico y en rotura, pero distinto en cuanto al módulo de deformación longitudinal, cuyo valor es claramente inferior al del acero al carbono, por lo que su utilización en las estructuras de hormigón necesita tener en cuenta ese dato en los análisis lineales de cálculo. El segundo aspecto es que las armaduras de acero inoxidable laminadas en caliente presentan una ductilidad muy superior a las de acero al carbono, por lo que ofrecen una mayor seguridad frente a su rotura o al colapso de la estructura, lo que se debe tener en cuenta en el análisis de cálculo plástico. En cambio, las armaduras de acero inoxidable laminadas en frío sólo cumplen con los límites mínimos de ductilidad establecidos en la instrucción EHE-08 para los aceros soldables, y no para los aceros con características especiales de ductilidad. El estudio a nivel de sección refleja la paradoja de obtener secciones menos dúctiles con las armaduras de acero inoxidable laminadas en caliente que con las armaduras de acero al carbono. Para subsanarlo, se definen los conceptos de curvatura última de rotura y ductilidad de la sección en rotura, que tienen en cuenta las altas deformaciones alcanzadas por las armaduras de acero inoxidable. Los resultados a nivel de pieza permiten identificar el comportamiento estructural del hormigón armado con barras corrugadas de acero inoxidable y compararlo con el de las estructuras de hormigón armado convencionales, verificando los resultados experimentales con los teóricos obtenidos con la formulación recogida en la instrucción EHE- 08. Los ensayos de resistencia a la corrosión por cloruros demuestran, durante el primer año y medio de vida de las probetas, un comportamiento muy similar entre el nuevo acero inoxidable dúplex bajo en níquel y el austenítico y el dúplex utilizados para la comparación, incluso para las probetas carbonatadas. Por último, se añade una comparativa económica, realizada sobre dos edificaciones tipo, para cuantificar el sobrecoste que supone la utilización de armaduras de acero inoxidable respecto a las de acero al carbono. El alto coste inicial de las armaduras de acero inoxidable se ve compensado en el coste final de la estructura de muy diferentes formas, principalmente dependiendo del grado de acero elegido y de si se emplean en el total de la estructura o solamente en los elementos más expuestos. The durability of the concrete structures is limited, especially in certain environments. The attack of aggressive agents in the concrete, mainly carbon dioxide and chloride ions, penetrating the thickness of concrete cover and reaching the reinforcements, reduce the high pH of concrete to the point of reaching a critical threshold, under which, the steel despasivates. Therefore, if there is enough humidity and oxygen, the steel corroes, causing drastic reductions in the service life of these structures and its inevitable repair. Despite the high initial cost compared to carbon steel, the usage of stainless steel reinforcements is an alternative with a major consideration nowadays. Its resistance to corrosion in the most aggressive atmospheres, including chlorides attack, makes the stainless steel a suitable material to extend considerably its lifetime. In this study, it’s been evaluated the mechanical and structural behaviour, and the corrosion resistance, of a new low-nickel duplex stainless steel EN 1.4482 (AISI 2001), and it has been compared with the most widely used austenitic type EN 1.4301 (AISI 304), with duplex steel EN 1.4362 (AISI 2304) and with the traditional carbon steel B-500-SD. The mechanical and structural study has been carried out in three different levels: bar level, studying mechanical properties and ductility of the four steels; section level, studying its behaviour when blending with different amounts of reinforcement through the moment-curvature diagrams; and structural element level, testing a series of reinforced beams with different steels and amounts, and checking its sag and resistance through the load-deflection diagrams. The corrosion resistance study was performed by embedding ribbed bars, using the three stainless steel listed, on mortar specimens contaminated with different amounts of chlorides, and taking electrochemical measurements over a period of at least one year. Mortar specimens have been prepared for two different comparisons. The first, keeping the specimens at 95% of relative humidity during the measurement period. The second, immersing the specimens partially in a carbonate buffer solution. The results of those tests have proved two different aspects. Firstly, that stainless steel reinforcements show a very similar behaviour to carbon steel, according to the reached levels of mechanical resistance, yield stress and steel strength, but a different behaviour in Young’s modulus, which value is clearly lower than the carbon steel. Therefore, when using in concrete structures it is need to consider on that point the existing calculus of linear analysis. The second aspect is that stainless steel reinforcement manufactured by hot-rolling process show a very higher ductility than carbon steel, offering a better security on cracks or structure collapse, which it has to be taken into account on plastic calculus analysis. However, the stainless steel reinfor9 cement cold-rolled bars only meet the minimum thresholds of ductility established by EHE-08 for welded steel, and not for steels with special ductility. The results at the section level reflect the paradox of getting less ductile sections with hot rolled stainless steel reinforcement than with carbon steel reinforcements. To overcome that, the concepts of last break curvature and break ductility section have been defined, which take into account the high deformation value achieved by stainless steel reinforcements. The results at the structural element level allow to identify the structural behaviour of reinforced concrete with stainless steel reinforcements and compared with that of conventional steel reinforcement, contrasting the experimental with the theoretical results obtained from the formulation contained in the instruction EHE-08. Tests on resistance of chloride corrosion show during the first year and a half of specimens life, a similar behaviour between the new low nickel duplex stainless steel and austenitic and duplex used for comparison, even for carbonated specimens. Finally, it has been included an economic comparison on two differents building types, to quantify the additional cost involved on the use of stainless steel reinforcement compared to that of carbon steel. The high initial cost of stainless steel reinforcements is offset in the final cost of the structure in many different ways, mainly depending on the chosen steel grade and whether the reinforcement is used in the total structure or only in risky structural elements.