4,666 research outputs found

    Predicting corporate failure: empirical evidence for the UK

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    The main purpose of this paper is the development and validation of a failure classification model for UK public industrial companies using current techniques: logit analysis and Neural Networks. Our dataset consists of 51 matched-pairs of failed and nonfailed UK public industrial firms over the period 1988-1997. Prediction models are developed for up to three years prior to the failure event. The models are validated using an out of sample period ex-ante test and the Lachenbruch technique. Our results indicate that a parsimonious model that includes three financial variables, a profitability, an operating cash-flow and a financial leverage variable can yield an overall correct classification accuracy of 83% one year prior to failure. In summary, our models can assist managers, shareholders, financial institutions, auditors and regulatory agents in the UK to forecast financial distress

    Potential energy landscape of a coarse grained model for water. ML-BOP

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    We quantify the statistical properties of the potential energy landscape for a recently proposed machine learning coarse grained model for water, machine learning-bond-order potential [Chan et al., Nat. Commun. 10, 379 (2019)]. We find that the landscape can be accurately modeled as a Gaussian landscape at all densities. The resulting landscape-based free-energy expression accurately describes the model properties in a very wide range of temperatures and densities. The density dependence of the Gaussian landscape parameters [total number of inherent structures (ISs), characteristic IS energy scale, and variance of the IS energy distribution] predicts the presence of a liquid-liquid transition located close to P = 1750 +/- 100 bars and T = 181.5 +/- 1 K

    Topological nature of the liquid–liquid phase transition in tetrahedral liquids

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    The first-order phase transition between two tetrahedral networks of different density—introduced as a hypothesis to account for the anomalous behaviour of certain thermodynamic properties of deeply supercooled water—has received strong support from a growing body of work in recent years. Here we show that this liquid–liquid phase transition in tetrahedral networks can be described as a transition between an unentangled, low-density liquid and an entangled, high-density liquid, the latter containing an ensemble of topologically complex motifs. We first reveal this distinction in a rationally designed colloidal analogue of water. We show that this colloidal water model displays the well-known water thermodynamic anomalies as well as a liquid–liquid critical point. We then investigate water, employing two widely used molecular models, to demonstrate that there is also a clear topological distinction between its two supercooled liquid networks, thereby establishing the generality of this observation, which might have far-reaching implications for understanding liquid–liquid phase transitions in tetrahedral liquids

    Stylos kai edraiōma tēs ekklēsias, sive, Dissertatio de iustificatione hominis

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    quam ... sub praesidio ... Ioh. Henrici Heideggeri ... placido eruditorum examini subiicit Andreas Steinerus, Vitod. author & respondens, ad diem Octobris loco horisque solitisDiss. Hohe Schule Zürich, 167

    Two state model for the ML-BOP potential

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    The coarse-grained machine-learning derived ML-BOP model [Chan et al., Nature Commun. 10, 379 (2019)] provides a monoatomic representation of the water-water interaction potential in which orientational interactions are included as three-body contributions. Despite its simplicity, the model reproduces the phase diagram of water and its anomalies. Here, we show that a two-state Gibbs free energy expression - fitted simultaneously on the temperature and pressure dependence of the density and internal energy - predicts the existence of a liquid-liquid critical point, with critical parameters consistent with previous estimates. We also show that in this model: (i) while the low density liquid is pre-empted by crystal nucleation, the high-density liquid and its spinodal are accessible in numerical studies down to 100 K; (ii) crystallisation requires the presence of a local low density region. Thus, for densities larger than the critical density, spinodal decomposition (or nucleation of the low-density liquid) is a pre-requisite for ice nucleation

    Author: Andreas Johannis Prytz

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    An edition of the consecration sermons in Gothenburg Cathedral 1633 by Superintendent Andreas Johannis Prytz, with introductory comments. The first sermon deals with the need for Church buildings, the second with the consecration of a new Church

    We must combine conservation of nature with benefits to society. Interview by Gaby Allheilig with Andreas Heinimann on IPBES' Global Assessment Report on Biodiversity and Ecosystem Services

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    On 6 May 2019, the Intergovernmental Science-Policy Platform on Biodiversity and Ecosystem Services (IPBES) presented its report on the state of biodiversity and ecosystem services worldwide. The first such assessment since 2005, it concludes that biodiversity and ecosystem loss has reached the point where it threatens human well-being. The researchers involved recommend several urgent measures to political decision-makers. Andreas Heinimann of CDE was the one Swiss scientist who worked as a lead author on a chapter of the report

    To athanaton tēs psychēs, sive, Dissertatio de animae immortalitate, ex naturae & sanae rationis lumine demonstrata

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    quam ... sub praesidio ... Iohannis Lavateri ... publicae ac placidae disquisitioni submittit Andreas Steinerus, Vitod. author & respondens ...Dedikation an Johannes Lavater, Jacob Meyer, Joh. Jacob Schaedler und Jacob Hegner auf dem Titelbl. versoDiss. Hohe Schule Zürich, 167

    Family Virtues and Social Critique: Andreas Latzko’s Anti-War Prose (1917-1918)

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    Between 1917 and 1918, the Austro-Hungarian author Andreas Latzko (1876-1943) wrote three separate publications against the Great War: Menschen im Krieg (1917), Friedensgericht (1918), and Der letzte Mann (published 1919). Literary historians tend to bypass these works, and the few who note them chiefly focus on the best-selling novella cycle Menschen im Krieg (1917). It is usually presented as an example of expressionist political prose, or as a mixture of social satire and aesthetic shock-tactics that chiefly remains indebted to realist traditions, albeit with occasional incursions into expressionistic styles..

    Short laws for finite groups and residual finiteness growth

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    We prove that for every n ∈ N n \in \mathbb {N} and δ &gt; 0 \delta &gt;0 there exists a word w n ∈ F 2 w_n \in F_2 of length O ( n 2 / 3 log ⁡ ( n ) 3 + δ ) O(n^{2/3} \log (n)^{3+\delta }) which is a law for every finite group of order at most n n . This improves upon the main result of Andreas Thom [Israel J. Math. 219 (2017), pp. 469–478] by the second named author. As an application we prove a new lower bound on the residual finiteness growth of non-abelian free groups. </p
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