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We argue that commodity input hedging is different from commodity output hedging. Output hedging can be detrimental to "sector play." Furthermore, firms with market power that hedge outputs have incentives to over-produce and distort market prices. In rational markets, such hedging will be expensive and we expect to see a negative relationship between hedging and market power in "output industries
Spontaneous osteonecrosis of the knee (SONK) is a feared condition of unknown cause, in its classic form appearing in the medial femoral condyle in middle-aged or elderly subjects. Diagnosis with radiography is notoriously difficult with a long latency before typical changes appear. Magnetic resonance imaging (MRI) is regarded as a diagnostic tool with the possibility to give an earlier diagnosis
BACKGROUND: A thorough quality analysis of radiologic performance is cumbersome. Instead, the prevalence of missed cervical hip fractures might be used as a quality indicator.PURPOSE: To validate a computer-based quality study of cervical hip fracture radiography.MATERIAL AND METHODS: True and false negative and positive hip trauma radiography during 6 years was assessed manually. Patients with tw
INTRODUCTION: Osteoporosis of the axial skeleton is a known complication of ankylosing spondylitis (AS), but bone loss affecting the peripheral skeleton is less studied. This study on volumetric bone mineral density (vBMD) and bone microarchitecture in AS was conducted to compare peripheral vBMD in AS patients with that in healthy controls, to study vBMD in axial compared with peripheral bone, and
Background Iterative reconstruction (IR) is a recent reconstruction algorithm for computed tomography (CT) that can be used instead of the standard algorithm, filtered back projection (FBP), to reduce radiation dose and/or improve image quality. Purpose To evaluate and compare the image quality of low-dose CT of the lumbar spine reconstructed with IR to conventional FBP, without further reduction
The Gaia all-sky astrometric survey is challenged by several issues affecting the spacecraft stability. Amongst them, we find the focus evolution, straylight and basic angle variations Contrary to pre-launch expectations, the image quality is continuously evolving, during commissioning and the nominal mission. Payload decontaminations and wavefront sensor assisted refocuses have been carried out t
The article is an introduction to the festival 'Visioner av Nuet' Stockholm, 1966. The article focuses on the historical event, and contextualizes it to both the discussions on art and technology at the time, and to the planned collaborations with the prominent artists from the American group E.A.T. such as Billy Klüver, John Cage, Robert Rauchenberg and Öyvind Fahlström, - collaborations that nev
Hemoglobin (Hb)-based oxygen carriers (HBOC) have been engineered to replace or augment the oxygen-carrying capacity of erythrocytes. However, clinical results have generally been disappointing due to adverse side effects linked to intrinsic hememediated oxidative toxicity and nitric oxide (NO) scavenging. Redox-Active tyrosine residues can facilitate electron transfer between endogenous antioxida
We obtained osmotic pressure data of lysozyme solutions, describing their physical states over a wide concentration range, using osmotic stress for pressures between 0.05 bar and about 40 bar and volume fractions between 0.01 and 0.61. The osmotic pressure vs. volume fraction data consist of a dilute, gas-phase regime, a transition regime with a high-compressibility plateau, and a concentrated reg
A new subporphyrin was synthesized for use as a molecular sensitizer in electrochemical and dye-sensitized photoelectrochemical water oxidation. A photoelectrochemical cell with a TiO2 electrode modified with the sensitizer and a molecular water oxidation catalyst generated higher photocurrent than reference cells that have electrodes modified with either the photosensitizer or the catalyst under
Natural hazards such as landslides, floods, rockfalls, earthquakes, volcanic eruptions, sinkholes, and snow avalanches represent potential risks to our infrastructures, properties, and lives. That potential will continue to escalate with current and continued human encroachment into risk areas. With the help of geophysical techniques many of those risks can be better understood and quantified, the
Organic-inorganic halide CH3NH3PbI3 (MAPbI3) perovskite solar cells (PSCs) have attracted intensive attention due to their high power conversion efficiency and low fabrication cost. However, MAPbI3 is known to be very sensitive to humidity, and the intrinsic long-term stability of the MAPbI3 film remains a critical challenge. 2-Aminoethanethiol (2-AET) was used as a ligand to bridge the organic co
We report on our studies of the neutron-skin effects in high-pT observables at the LHC. We study the impact of the neutron-skin effect on the centrality dependence of inclusive direct photon, highpT hadron and W± production in nuclear collisions at the LHC. The neutron-skin effect refers to the observation that in spherical heavy nuclei, the tail of the neutron distribution extends farther than th
Dutch elm disease (DED), caused by the fungi Ophiostoma ulmi and O. novo-ulmi, has reduced elm populations severely in Europe and North America. Breeding programmes are in action to find less susceptible elm varieties suitable for re-establishing elm stands. Bark beetles, mainly Scolytus spp., are the only known natural vectors of DED. During twig feeding, beetles transfer Ophiostoma spores to hea
The paper presents an interdisciplinary study in the field of automatic gender and age identification, under the scope of sociolinguistic knowledge on gendered and age linguistic choices that social media users make. The authors investigated and gathered standard and novel text features used in text mining approaches on the author’s demographic information and profiling and they examined their eff
I de nordiska länderna betraktades jesuiterna av tradition som själva sinnebilden för den ”katolska faran” och för allt det onda som av hävd förknippades med katolicismen. Men trots det var det just jesuiterna som drog till sig flest konvertiter, och ”jesuitförsamlingarna” fungerade som dragplåster för intresserade protestanter. Vad var förklaringen till detta? Hur såg man på konversioner i den ka
The inclusive and exclusive processes associated with a leading neutron in ep collisions at high energies are described using the color dipole formalism. We demonstrate that the available experimental HERA data on the xL (Feynman momentum) distribution of leading neutrons can be very well described taking into account the nonlinear (saturation) effects in the QCD dynamics. Moreover, we present our
Characterization of highly duplicated genes, such as genes of the major histocompatibility complex (MHC), where multiple loci often co-amplify, has until recently been hindered by insufficient read depths per amplicon. Here, we used ultra-deep Illumina sequencing to resolve genotypes at exon 3 of MHC class I genes in the sedge warbler (Acrocephalus schoenobaenus). We sequenced 24 individuals in tw
We report a solid smectic phase that exhibits dodecagonal global order. It is composed of axially stacked hexagonally ordered particle layers, and its 12-fold rotational symmetry induced by the 30° rotation of adjacent layers with respect to each other. A quasicrystal was produced in a molecular-dynamics simulation of a single-component system of particles interacting via a spherically-symmetric p
