1,721,179 research outputs found

    The long-run reversal in the long run: Insights from two centuries of international equity returns

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    We perform the most comprehensive test of long-term reversal in national equity indices ever done. Having examined data from 71 countries for the years 1830 through 2019, we demonstrate a strong reversal pattern: the past long-term return negatively predicts future performance. The phenomenon is not subsumed by other established cross-sectional return patterns, including the value effect. The long-term reversal is robust to many considerations but highly unstable through time. Finally, our findings support the overreaction explanation of this anomaly.</p

    Antimicrobial inks: the anti-infective applications of bioprinted bacterial polysaccharides

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    Bioprinting is a rapidly emerging technology with the potential to transform the biomedical sector. Here, we discuss how a range of bacterial polysaccharides with antibiofilm and antibacterial activity could be used to augment current bioink formulations to improve their biocompatibility and tackle the spread of antibiotic-resistant infections.</p

    Energy Minimization in Piperazine Promoted MDEA-Based CO2 Capture Process

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    A piperazine (PZ)-promoted methyldiethanolamine (MDEA) solution for a carbon dioxide (CO2) removal process from the flue gas of a large-scale coal power plant has been simulated. An Aspen Plus&reg; was used to perform the simulation process. Initially, the effects of MDEA/PZ concentration ratio and stripper pressure on the regeneration energy of CO2 capture process were investigated. The MDEA/PZ concentration ratio of 35/15 wt.% (35 wt. MDEA and 15 wt.% PZ) was selected as an appropriate concentration. The reboiler duty of 3.235 MJ/kg CO2 was obtained at 35/15 wt.% concentration ratio of MDEA/PZ. It was considered a reference or base case, and process modifications including rich vapor compression (RVC) process, cold solvent split (CSS), and the combination of both processes were investigated to check its effect on the energy requirement. A total equivalent work of 0.7 MJe/kg CO2 in the RVC and a reboiler duty of 2.78 MJ/kg CO2 was achieved in the CSS process. Similarly, the total equivalent work, reboiler duty, and condenser duty of 0.627 MJe/kg CO2, 2.44 MJ/kg CO2, and 0.33 MJ/kg CO2, respectively, were obtained in the combined process. The reboiler duty and the total equivalent work were reduced by about 24.6 and 16.2%, respectively, as compared to the reference case. The total energy cost saving was 1.79 M/yr.Consideringtheadditionalequipmentcostinthecombinedprocess,thetotalcostsavingwas0.67M/yr. Considering the additional equipment cost in the combined process, the total cost saving was 0.67 M per year

    Going Beyond Counting First Authors in Author Co-citation Analysis

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    The present study examines one of the fundamental aspects of author co-citation analysis (ACA) - the way co-citation counts are defined. Co-citation counting provides the data on which all subsequent statistical analyses and mappings are based, and we compare ACA results based on two different types of co-citation counting - the traditional type that only counts the first one among a cited work's authors on the one hand and a non-traditional type that takes into account the first 5 authors of a cited work on the other hand. Results indicate that the picture produced through this non-traditional author co-citation counting contains more coherent author groups and is therefore considerably clearer. However, this picture represents fewer specialties in the research field being studied than that produced through the traditional first-author co-citation counting when the same number of top-ranked authors is selected and analyzed. Reasons for these effects are discussed

    The use of bacterial polysaccharides in bioprinting

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    Brunel Research Innovation and Enterprise Fund; British Council/Newton Fund; British Society for Antimicrobial Chemotherapy; National Natural Science Foundation of China; China Postdoctoral Science Foundation; Fundamental Research Funds for Central Universities; Open Research Fund of State Key Laboratory of Polymer Physics and Chemistry; Changchun Institute of Applied Chemistry; Chinese Academy of Science
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