ABSTRACTS Program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revised on May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ʞ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ʞHYHQQXPEHUSRVWHUVRQHPLQXWHIRUHDFK &RUH7LPH /XQFK ([FXUVLRQ -XQ 'D\ $06HVVLRQ$WPRVSKHULF6WUXFWXUH 7DNHVKL,PDPXUD<HRQ-RR/HH 7LERU.UHPLF 1$6$ 3UHSDULQJIRU9HQXV6XUIDFH([SORUDWLRQ ,9& &DUYHU-D\%LHUVRQ 8&6& $IXOO\FRXSOHGSKRWRFKHPLFDOFRQGHQVDWLRQPRGHORIWKH9HQXVDWPRVSKHUHIURPWKHJURXQGWRNP ,9& 5DOSK/RUHQ] $3/ 7KH'XVW&\FOHRQ9HQXV ,9& &KULVWRSKHU'HQQLV3DUNLQVRQ 8QLYHUVLW\RI0LFKLJDQ 0RGHOLQJRI2EVHUYDWLRQVRIWKH2+1LJKWJORZLQWKH9HQXVLDQ0HVRVSKHUH ,9& *RXUDY0DKDSDWUD 78'HOIW 6WXG\LQJWKHSRODUL]DWLRQLQ&2DEVRUSWLRQEDQGVRI9HQXVDWPRVSKHUH ,9& 'DULD(YGRNLPRYD ,.,5$6/$7026 9DULDWLRQVRIORZHUFORXGVDQGZDWHUYDSRUDPRXQWLQGHHS9HQXVDWPRVSKHUHEDVHGRQQLJKWZLQGRZVREVHUYDWLRQVE\WKH63,&$9,59HQXV([SUHVV ,9& 0LNKDLO/XJLQLQ 6SDFH5HVHDUFK,QVWLWXWH ,., 0RVFRZ 5HWULHYDORIXSSHUKD]HDHURVROSURSHUWLHVIURP63,&$989DQG,5GDWD ,9& &RIIHH $06HVVLRQ$WPRVSKHULF'\QDPLFV $\PHULF6SLJD7RUX.RX\DPD /()(95(0D[HQFH $2332[IRUG 2UJDQL]DWLRQRIWKHFRQYHFWLRQLQWKH9HQXVLDQFORXGOD\HU ,9& 6KLQLFKLUR.DZDVH 5LNN\R8QLYHUVLW\ &RPSDULVRQRIKRUL]RQWDOGLVWULEXWLRQVRIWHPSHUDWXUHDQG89DEVRUEHUVDWWKH9HQXVFORXGWRSV ,9& (KRXDUQ0LOORXU /0' 7RZDUGVD *&0EDVHG 9HQXV&OLPDWH'DWDEDVH ,9& ,19,7( 0DVDKLUR7DNDJL .68 1XPHULFDOPRGHOLQJRIWKH9HQXVDWPRVSKHUH ,9& ,19,7( 6HEDVWLHQ/HERQQRLV /0',36/&156 ,QYHVWLJDWLRQVEHORZWKHFORXGVRI9HQXVZLWKWKH,36/9HQXV*&0 ,9& /XQFK 306HVVLRQ$WPRVSKHULF'\QDPLFV +HOHQ3DULVK-DYLHU3HUDOWD 7RUX.RX\DPD $,67 'HWHFWLRQRIODUJHVWDWLRQDU\JUDYLW\ZDYHVRYHUWHQ9HQXVLDQVRODUGD\VVHHQLQ/,5LPDJHV ,9& $\PHULF6SLJD 6RUERQQH8QLYHUVLWË/0' $QHZPHVRVFDOHPRGHOIRU9HQXV DWPRVSKHUHDQGLWVDSSOLFDWLRQWRWKHERZVKDSHGVWUXFWXUHVGLVFRYHUHGE\$NDWVXNL ,9& ,19,7( 7DNHVKL+RULQRXFKL +RNNDLGR8QLY 9HQXVDWPRVSKHUHG\QDPLFVUHYHDOHGE\FORXGWUDFNLQJXVLQJLPDJHVIURP$NDWVXNL ,9& 5XEHQ*RQÉ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