983 resultados para Market stability
Resumo:
Crack paths in an elastic layer on top of a substrate are considered. Crack growth is initiated from an edge crack in the layer. The plane of the initially straight crack forms an angle to the free surface. The load consists of a pair of forces applied at the crack mouth and parallel to the interface. Crack paths are calculated using a boundary element method. Crack growth is assumed to proceed along a path for which the mode II stress intensity factor vanishes. The inclination and the length of the initial crack are varied. The effect of two different substrates on the crack path evolution is demonstrated. A crack path initially leading perpendicularly to the interface is shown to be directionally unstable for a rigid substrate. Irrespective of its initial angle, the crack does not reach the interface, but reaches the free surface if the layer is infinitely long. At finite layer length the crack reaches the upper free surface if the initial crack inclination to the surface is small enough. For an inextendable flexible substrate, on the other hand, the crack reaches the interface if its initial inclination is large enough. For the flexible substrate an unstable path parallel with the sides of an infinitely long layer is identified. The results are compared with experimental results and discussed in view of characterisation of directionally unstable crack paths. The energy release rate for an inclined edge crack is determined analytically.
Resumo:
The velocity distribution between two sidewalls is; M-shaped for the MHD channel flows with rectangular cross section and thin conducting walls in a strong transverse magnetic field. Assume that the dimensionless numbers R(m) much less than 1, M, N much greater than 1, and sigma
Resumo:
The number, the angles of orientation and the stability in Rumyantsev Movchan's sense of oblique steady rotations of a symmetric heavy gyroscope with a cavity completely filled with a uniform viscous liquid, possessing a fixed point 0 on its symmetric axis. are given for various values of the parameters. By taking the square of the upright component of the angular momentum M2 as a control parameter, three types of bifurcation diagrams of the steady rotations, two types of jumps and two kinds of local catastrophes, one being the symmetric reduced cusp type and the other being of the symmetric reduced butterfly type, are obtained. By taking account of the M2-damping owing to the moment of unavoidable faint friction, two different modes for the gyroscope, initially in a stable quasi-steady upright rotation with a nutation angle theta(s) equal to zero, to topple over are found.
Resumo:
This paper points out that viscosity can induce mode splitting in a uniform infinite cylinder of an incompressible fluid with self-gravitation, and that the potential energy criterion cannot be appropriate to all normal modes obtained, i.e., there will be stable modes with negative potential energy (<0). Therefore the condition >0 is not necessary, although sufficient, for the stability of a mode in an incompressible static fluid or magnetohydrodynamics (MHD) system, which is a correction of both Hare's [Philos. Mag. 8, 1305 (1959)] and Chandrasekhar's [Hydrodynamic and Hydromagnetic Stability (Oxford U.P., Oxford, 1961), p. 604] stability criterion for a mode. These results can also be extended to compressible systems with a polytropic exponent.
Resumo:
The stability (evolutionarity) problem for a kind of MHD shock waves is discussed in this paper. That is to solve the interaction problem of MHD shock waves with (2-dimensional) oblique incident disturbances. In other words, the result of gasdynamic shocks is generalized to the case of MHD shocks. The previous conclusion of stability theory of MHD shock waves obtained from the solution of interaction problem of MHD shock wave with (one-dimensional) normal shock wave is that only fast and slow shocks are stable, and intermediate shocks are unstable. However, the results of this paper show that when the small disturbances are the Alfven waves a new stability condition which is related to the parameters in front of and behind the shock wave is derived. When the disturbances are entropy wave and fast and slow magneto acoustic waves the stability condition is related to the frequency of small disturbances. As the limiting ease, i. e. when a normal incident (reflection, refraction) is consid...更多ered, the fast and slow shocks are unstable. The results also show that the conclusion drawn by Kontorovich is invalid for the stability theory of shock waves.
Resumo:
In this paper, we first present a system of differential-integral equations for the largedisturbance to the general case that any arbitrarily shaped solid body with a cavity contain-ing viscous liquid rotates uniformly around the principal axis of inertia, and then develop aweakly non-linear stability theory by the Lyapunov direct approach. Applying this theoryto the Columbus problem, we have proved the consistency between the theory and Kelvin'sexperiments.
Resumo:
The Financial Crisis has hit particularly hard countries like Ireland or Spain. Procyclical fiscal policy has contributed to a boom-bust cycle that undermined fiscal positions and deepened current account deficits during the boom. We set up an RBC model of a small open economy, following Mendoza (1991), and introduce the effect of fiscal policy decisions that change over the cycle. We calibrate the model on data for Ireland, and simulate the effect of different spending policies in response to supply shocks. Procyclical fiscal policy distorts intertemporal allocation decisions. Temporary spending boosts in booms spur investment, and hence the need for external finance, and so generates very volatile cycles in investment and the current account. This economic instability is also harmful for the steady state level of output. Our model is able to replicate the relation between the degree of cyclicality of fiscal policy, and the volatility of consumption, investment and the current account observed in OECD countries.
Resumo:
In this paper we measure the impact of regulatory measures which affected the Spanish electricity wholesale market in the period 2002-2005. Our approach is based on the fact that regulation changes firms' incentives and therefore their market behavior. In the absence of any regulation firms would choose profit- maximizing prices on their residual demands so that the observed gap between optimal and actual prices provides a measure of the effect of regulation. Our results indicate that regulation has decreased wholesale prices considerably, but became less effective at the end of the sample period which explains the change of regulatory regime introduced in 2006.
Resumo:
The lack of stability in some matching problems suggests that alternative solution concepts to the core might be applied to find predictable matchings. We propose the absorbing sets as a solution for the class of roommate problems with strict preferences. This solution, which always exists, either gives the matchings in the core or predicts some other matchings when the core is empty. Furthermore, it satisfies an interesting property of outer stability. We also characterize the absorbing sets, determine their number and, in case of multiplicity, we find that they all share a similar structure.