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Risk and Return Considerations in the Weakest Link 1. Introduction
Risk and Return Considerations in The Weakest Link B. Ross Barmish and Nigel Boston Electrical and Computer Engineering Department University of Wisconsin Madison, WI 53706 Abstract The television game show, The Weakest Link, involves contestants making a sequence of decisions over time. Given the rules of the game and the process for accrual of payoffs over time, a number of authors have recognized that this show serves as a laboratory for assessment of human decision-making. To this end, by comparing theoretically derived gaming strategies with those actually used by the contestants, conclusions are drawn regarding the extent to which players’ decisions are rational and consistent with the pursuit of optimality. The first main objective of this paper is to provide arguments that the models used in the literature to date may result in an erroneous impression of the extent to which contestants’ decisions deviate from the optimum. More specifically, we first point out that previous authors, while concentrating on maximization of the expected value of the return, totally neglect the risk component; i.e., the expected return is considered while its variance is not. To this end, we expand the analysis of previous authors to include both risk and return and a number of other factors: mixing of strategies and so- called end effects due to fixed round length. It is seen that many strategies, discounted by previous authors as being sub-optimal in terms of maximization of expected return, may in fact be consistent with rational decision-making. That is, such strategies satisfy a certain “efficiency” requirement in the risk-return plane. -
The Hawaiian Freshwater Algae Biodiversity Survey
Sherwood et al. BMC Ecology 2014, 14:28 http://www.biomedcentral.com/1472-6785/14/28 RESEARCH ARTICLE Open Access The Hawaiian freshwater algae biodiversity survey (2009–2014): systematic and biogeographic trends with an emphasis on the macroalgae Alison R Sherwood1*, Amy L Carlile1,2, Jessica M Neumann1, J Patrick Kociolek3, Jeffrey R Johansen4, Rex L Lowe5, Kimberly Y Conklin1 and Gernot G Presting6 Abstract Background: A remarkable range of environmental conditions is present in the Hawaiian Islands due to their gradients of elevation, rainfall and island age. Despite being well known as a location for the study of evolutionary processes and island biogeography, little is known about the composition of the non-marine algal flora of the archipelago, its degree of endemism, or affinities with other floras. We conducted a biodiversity survey of the non-marine macroalgae of the six largest main Hawaiian Islands using molecular and microscopic assessment techniques. We aimed to evaluate whether endemism or cosmopolitanism better explain freshwater algal distribution patterns, and provide a baseline data set for monitoring future biodiversity changes in the Hawaiian Islands. Results: 1,786 aquatic and terrestrial habitats and 1,407 distinct collections of non-marine macroalgae were collected from the islands of Kauai, Oahu, Molokai, Maui, Lanai and Hawaii from the years 2009–2014. Targeted habitats included streams, wet walls, high elevation bogs, taro fields, ditches and flumes, lakes/reservoirs, cave walls and terrestrial areas. Sites that lacked freshwater macroalgae were typically terrestrial or wet wall habitats that were sampled for diatoms and other microalgae. Approximately 50% of the identifications were of green algae, with lesser proportions of diatoms, red algae, cyanobacteria, xanthophytes and euglenoids. -
Weakest Link
Weakest Link The use of a weak element that will fail in order to protect other elements in the system from damage. It is said that a chain is only as strong as its weakest link. This suggests that the weakest link in a chain is also the least valuable and most expendable link—a liability to the system that should be reinforced, replaced, or removed. However, the weakest element in a system can be used to protect other more important elements, essentially making the weakest link one of the most important elements in the system. For example, electrical circuits are protected by fuses, which are designed to fail so that a power surge doesn’t damage the circuit. The fuse is the weakest link in the system. As such, the fuse is also the most valuable link in the system. The weakest link in a system can function in one of two ways: it can fail and passively minimize damage, or it can fail and activate additional systems that actively minimize damage. An example of a passive design is the use of fuses in electrical circuits as described above. An example of an active design is the use of automatic sprinklers in a building. Sprinkler systems are typically activated by components that fail (e.g., liquid in a glass cell that expands to break the glass when heated), which then activate the release of the water. Applying the weakest link principle involves several steps: identify a failure condition; identify or define the weakest link in the system for that failure condition; further weaken the weakest link and strengthen the other links as necessary to address the failure condition; and ensure that the weakest link will only fail under the appropriate, predefined failure conditions. -
The Weakest Link: the Consistent Refusal to Consider Far-Removed Indirect Effects of the Expansion of Lng Terminals
RHODES FINAL 11/16/17 THE WEAKEST LINK: THE CONSISTENT REFUSAL TO CONSIDER FAR-REMOVED INDIRECT EFFECTS OF THE EXPANSION OF LNG TERMINALS Synopsis: The D.C. Circuit has recently ruled on numerous cases challenging the Federal Energy Regulatory Commission’s (FERC) approval of the expansion of liquefied natural gas (LNG) terminals to allow both export and import activity. Much of its analysis has focused on the delegation of authority between the De- partment of Energy (DOE) and FERC under the Natural Gas Act (NGA). Envi- ronmental groups raised challenges to the Environmental Assessment (EA) com- pleted by FERC in each case, arguing that FERC failed to adequately consider direct and indirect effects of the expansion. The indirect effects would arise via a chain of events ultimately depending on the increased production and consump- tion of LNG. In each case, the Court has pointed out that FERC only has authority to regulate the expansion of the facilities themselves. Without approval by the DOE to allow the additional import or export at the individual terminal at issue, FERC’s approval can cause no indirect effects. Moreover, the Court has reiterated multiple times that since FERC’s approval does not cause these indirect effects, but the DOE’s approval does, these suits should have been brought against the DOE. In this note, I discuss one of these cases, EarthReports v. FERC, at length, as well as incorporate portions of other similar cases to come to an understanding regarding what steps potential challengers to similar approvals should take. If challengers hope to convince a court, particularly the D.C. -
The Marine Species of Cladophora (Chlorophyta) from the South African East Coast
NovaHedwigia 76 1—2 45—82 Stuttgart, Februar 2003 The marine species of Cladophora (Chlorophyta) from the South African East Coast by F. Leliaert and E. Coppejans Research Group Phycology, Department of Biology, Ghent University, Krijgslaan 281, S8 B-9000 Ghent, Belgium E-mails: [email protected] and [email protected] With 16 figures and 5 tables Leliaert, F. & E. Coppejans (2003): The marine species of Cladophora (Chlorophyta) from the South African East Coast. - Nova Hedwigia 76: 45-82. Abstract: Twelve species of the genus Cladophora occur along the South African East Coast. Detailed descriptions and illustrations are presented. Four species are recorded for the first time in South Africa: C. catenata , C. vagabunda , C. horii and C. dotyana; the last two are also new records for the Indian Ocean. A comparison of the South African C. rugulosa specimens with specimens of C. prolifera from South Africa and other regions have shown that these species are not synonymous as previously considered, leading to the resurrection of C. rugulosa which is probably a South African endemic. Key words: Cladophora, C. catenata , C. dotyana, C. horii, C. prolifera , C. rugulosa , C. vagabunda , South Africa, KwaZulu-Natal. Introduction Cladophora Kützing is one of the largest green-algal genera and has a worldwide distribution. Within the class Cladophorophyceae the genus Cladophora is characterized by its simple thallus architecture: branched, uniseriate filaments of multinucleate cells. Eleven different architectural types (sections) are distinguished in the genus (van den Hoek 1963, 1982; van den Hoek & Chihara 2000). Recent studies based on morphological and molecular data have proven that Cladophora is polyphyletic (van den Hoek 1982; Bakker et al. -
Zastosowanie Dwuwymiarowego Rozkładu Prawdopodobieństwa Inicjacji Pęknięć W Obliczeniach Trwałości Zmęczeniowej
acta mechanica et automatica, vol.2 no.4 (2008) ZASTOSOWANIE DWUWYMIAROWEGO ROZKŁADU PRAWDOPODOBIEŃSTWA INICJACJI PĘKNIĘĆ W OBLICZENIACH TRWAŁOŚCI ZMĘCZENIOWEJ Aleksander KAROLCZUK*, Jacek SŁOWIK** * Katedra Mechaniki i Podstaw Konstrukcji Maszyn, Wydział Mechaniczny, Politechnika Opolska, ul. Mikołajczyka 5, 45-271 Opole ** Instytut Lotnictwa, Aleja Krakowska 110/114, 02-256 Warszawa [email protected], [email protected] Streszczenie: W pracy przedstawiono metodę obliczania trwałości zmęczeniowej elementów o niejednorodnych rozkładach naprężeń zmiennych bazującą na dwuwymiarowym rozkładzie prawdopodobieństwa zniszczenia elementu. Zaproponowany dwuwymiarowy rozkład inicjacji pęknięcia zmęczeniowego wykorzystuje standardowe charakterystyki zmęczeniowe i pozwala na obliczenia trwałości zmęczeniowej dla dowolnego poziomu prawdopodobieństwa. Metoda została przeana- lizowana przy wykorzystaniu badań zmęczeniowy próbek wykonanych z trzech stali konstrukcyjnych o różnej geometrii. 1. WPROWADZENIE 2. OPIS METODY Złożone kształty elementów maszyn i konstrukcji oraz Koncepcja najsłabszego ogniwa, która leży u podstaw często sposób obciążenia, generuje powstawanie obszarów proponowanej metody oraz teorii Weibulla została sformu- w materiale o niejednorodnym stopniu uszkodzenia zmę- łowana już w latach dwudziestych XX wieku. Podstawowe czeniowego. Badania doświadczalne wykazują, że trwało- założenia koncepcji najsłabszego ogniwa to: (i) dany ści takich elementów wyznaczone na podstawie maksymal- element konstrukcyjny zawiera statystycznie rozmieszczo- -
Games We Play on Singapore Telly
View metadata, citation and similar papers at core.ac.uk brought to you by CORE provided by Research Online Asia Pacific Media ducatE or Issue 14 Article 3 12-2003 Games we play on Singapore telly T. Lim Queensland University of Technology Follow this and additional works at: https://ro.uow.edu.au/apme Recommended Citation Lim, T., Games we play on Singapore telly, Asia Pacific Media ducatE or, 14, 2003, 18-35. Available at:https://ro.uow.edu.au/apme/vol1/iss14/3 Research Online is the open access institutional repository for the University of Wollongong. For further information contact the UOW Library: [email protected] TANIA LIM: Games we play ... Games We Play On Singapore Telly In the mid 1990s, Singapore opened its doors to the international broadcasting community. The past four years in particular have seen steady policy-driven liberalisation of its print, television and multimedia industries. This has jumpstarted the local TV production industry and stimulated terrestrial network competition. While the two terrestrial TV networks compete voraciously for a small, fragmented, multilingual and increasingly sophisticated domestic TV audience, the localisation of international TV game show formats like Millionaire and The Weakest Link appear as attractive solutions to consolidate and build the audience base. TV gameshow formats have become one of the ‘formatting’ strategies that this industry employs to develop ‘local knowledge’ and ‘position’ themselves in the battle for audience ratings and eyeballs. This article will present findings and offer new insight into the impact of TV formats on the local television production, programming and audiences in Singapore. -
Curriculum Vitae
CURRICULUM VITAE Hanna Vehkam¨aki September 28, 2020 https://publons.com/researcher/A-8262-2008 https://orcid.org/0000-0002-5018-1255 https://www.mv.helsinki.fi/home/hvehkama 1 Full name Hanna Tuula Katariina Vehkam¨aki (previously Arstila) 2 Date and place of birth 27th December 1969, Helsinki, Finland 3 Current Position professor in computational aerosol physics Institute for Atmospheric and Earth System Research/Physics, Faculty of Science, Uni- versity of Helsinki, 1.12.2009- 4 Career breaks Maternity leave 5.5.-10.12. 2007 (7 months) Maternity leave 6.5.-9.12. 2005 (7 months) 5 Education and Training Herttoniemen yhteiskoulu, Helsinki, Finland: • 31.5. 1988 Matriculation examination University of Helsinki, Finland: • 16.11.2000 Docent in theoretical physics • 16.1.1998 PhD • 18.3.1994 MSc 1 CV Hanna Vehkam¨aki 2 6 Previous professional appointments Academy of Finland • Academy Research Fellow 1.8.2003-30.9.2009 University College London, United Kingdom: • Research Fellow 1.1.1998-31.12.1999 University of Helsinki(UH), Department of Physics: • University researcher 1.10.-30.11. 2009 • Research scientist 1.1. 2003- 31.7.2003 • Academy of Finland postdoctoral researcher 1.1. 2001- 31.12.2002 • Senior assistant (substitute) 1.9.2000-31.12 2000 • Assistant, 1.1.1998-31.12.2000 (on leave of absence 1998-1999, 9/2000-12/2000) • Assistant(substitute) 1997 (6 months) • Research scientist 1997 (6 months) • Planning officer 1994 (3 months), 1995 (7 months) • Research assistant 1992 (3 months), 1993 (7 months) • Fee-paid teacher 1990 (2 months) UH, Department of Theoretical Physics: • Assistant (substitute) 1991 (5 months), 1992 (7 months) • Fee-paid teacher 1991 (3 months), 1992 (3 months) Research Institute for Theoretical Physics: • Junior Fellow 1995 (5 months), 1996 (12 months) 7 Teaching experience Supervisor/examiner of Bachelor theses: 13. -
Basicladia Emedii (Cladophorales, Chlorophyta): a New Freshwater Epilithic Species from Brazil
Cryptogamie, Algologie, 2012, 33 (4): 329-337 © 2012 Adac. Tous droits réservés Basicladia emedii (Cladophorales, Chlorophyta): a new freshwater epilithic species from Brazil Cleto Kaveski PERES a* & Ciro Cesar Zanini BRANCO b a Universidade Federal da Integração Latino-Americana (UNILA) Av. Tancredo Neves, 6731, Parque Tecnológico Itaipu CEP 85867-970 | Foz do Iguaçu - Paraná – Brasil b Universidade Estadual Paulista (UNESP), Faculdade de Ciências e Letras de Assis Av. Dom Antônio, 2100, Parque Universitário CEP 19806-900 | Assis - São Paulo – Brasil Abstract – Basicladia emedii sp. nov. is described based on material from six streams in Paraná and Rio Grande do Sul States of Brazil. This is only the second species of Basicladia recorded from South America. The new species is distinguished based on small filaments with short and wide basal cells of upright axes. It is only the second (out of six) species that is only known with an epilithic habit and is not associated with either snail shells or turtle carapaces. Macroalgae / green algae / filamentous / subtropical / lotic systems / Brazil Résumé – Basicladia emedii sp. nov. (Cladophorales, Chlorophytes) : une nouvelle espèce épilithique d’eau douce du Brésil. Basicladia emedii sp. nov. est décrit d’après du matériel provenant de six cours d’eau de l’Etat de Paraná et Rio Grande do Sul au Brésil. C’est seulement la deuxième espèce observée en Amérique du Sud. La nouvelle espèce se distingue par sa petite taille associée à des cellules basales courtes et larges. C’est aussi la seconde espèce, sur six, qui n’est connue que comme épilithe et donc qui n’est associée ni à des coquilles de mollusques ni à des carapaces de tortues. -
Behind Anemone Lines: Determining the Environmental Drivers Influencing Lagoonal Benthic Communities, with Special Reference to the Anemone Nematostella Vectensis
Behind Anemone Lines: Determining the environmental drivers influencing lagoonal benthic communities, with special reference to the anemone Nematostella vectensis. by Jessica R. Bone Bournemouth University December 2018 Copyright Statement This copy of the thesis has been supplied on condition that anyone who consults it is understood to recognize that its copyright rests with its author and due acknowledgement must always be made of the use of any material contained in, or derived from, this thesis. i Behind Anemone Lines: Determining the environmental drivers influencing lagoonal benthic communities, with special reference to the anemone Nematostella vectensis. Jess R. Bone Abstract Climate change induced sea level rise and increase in associated storms is impacting the coastal zone worldwide. Lagoons are a transitional ecosystem on the coast that are threatened with habitat loss due to ingress of seawater, though conversely this also represents an opportunity for lagoon habitat creation. It is important to quantify the spatio-temporal trends of macrozoobenthic communities and abiotic factors to determine the ecological health of lagoon sites. Such information will ensure optimal and adaptive management of these rare and protected ecosystems. This thesis examines the spatial distribution of macrozoobenthic assemblages and the abiotic and biotic factors that may determine their abundance, richness and distribution at tidally restricted urban lagoon at Poole Park on the south coast of England. The macrozoobenthic assemblages were sampled using a suction corer during a spatially comprehensive survey in November 2017, in addition to aquatic and sediment variables such as salinity, temperature, organic matter content and silt content. Species richness and density were significantly lower in areas of high organic matter and silt content, indicative of hostile conditions. -
Bioactive Compounds from Three Green Algae Species Along Romanian Black Sea Coast with Therapeutically Properties
ISSN 2601-6397 (Print) European Journal of January - April 2019 ISSN 2601-6400 (Online) Medicine and Natural Sciences Volume 3, Issue 1 Bioactive Compounds from Three Green Algae Species along Romanian Black Sea Coast with Therapeutically Properties R. Sirbu T. Negreanu-Pirjol M. Mirea B.S. Negreanu-Pirjol Ovidius” University of Constanta, Faculty of Pharmacy, No. 1, University Alley, Campus, Corp B, Constanta, Romania ”Ovidius” University of Constanta, Faculty of Economic Sciences, No. 1, University Alley, Campus, Corp A, Constanta, Romania Abstract During the past years, it became obvious that the ecosystem presents a marine algae excedent, which should be utilized in one way or another. In the marine world, algae have been intensely studied, but the Black Sea seaweeds are not sufficiently harnessed. To survive in such various diverse and extreme environments, macroalgae produce a variety of natural bioactive compounds and metabolites, such as polysaccharides, polyunsaturated fatty acids, and phlorotannins. In the Black Sea there are three species of green algae: Ulvae lactuca sp., Enteromorpha intestinalis and Cladophora sp. The superior exploitation of the marine biomass represents a highly important resource for the pharmaceutical industry, supplying raw material for the extraction of bioactive substances (vitamins, polysaccharides, sterols, phenols and amino-acids) and various other substances. The purity of this compounds is strongly connected to the state of the marine ecosystem. In the present paper are presented the main bioactive compounds existing in the chemical composition of the green algae in the Black Sea studied. The details of the therapeutic properties of the green algae generated by their chemical compositions. -
Molecular Phylogeny of the Cladophoraceae (Cladophorales
J. Phycol. *, ***–*** (2016) © 2016 Phycological Society of America DOI: 10.1111/jpy.12457 MOLECULAR PHYLOGENY OF THE CLADOPHORACEAE (CLADOPHORALES, € ULVOPHYCEAE), WITH THE RESURRECTION OF ACROCLADUS NAGELI AND WILLEELLA BØRGESEN, AND THE DESCRIPTION OF LUBRICA GEN. NOV. AND PSEUDORHIZOCLONIUM GEN. NOV.1 Christian Boedeker2 School of Biological Sciences, Victoria University of Wellington, Kelburn Parade, Wellington 6140, New Zealand Frederik Leliaert Phycology Research Group, Biology Department, Ghent University, Krijgslaan 281 S8, 9000 Ghent, Belgium and Giuseppe C. Zuccarello School of Biological Sciences, Victoria University of Wellington, Kelburn Parade, Wellington 6140, New Zealand The taxonomy of the Cladophoraceae, a large ribosomal DNA; s. l., sensu lato; s. s., sensu stricto; family of filamentous green algae, has been SSU, small ribosomal subunit problematic for a long time due to morphological simplicity, parallel evolution, phenotypic plasticity, and unknown distribution ranges. Partial large subunit The Cladophorales (Ulvophyceae, Chlorophyta) is (LSU) rDNA sequences were generated for 362 a large group of essentially filamentous green algae, isolates, and the analyses of a concatenated dataset and contains several hundred species that occur in consisting of unique LSU and small subunit (SSU) almost all types of aquatic habitats across the globe. rDNA sequences of 95 specimens greatly clarified the Species of Cladophorales have rather simple mor- phylogeny of the Cladophoraceae. The phylogenetic phologies, ranging from branched