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While science claims to be universal, the notion of universality actually covers two very different facets: on the one hand, it refers to the universal value of the epistemological claims of science while, on the other hand, it addresses the issue of how fully the process of scientific communication is presently globalized. How the issue of open access crosses that of the globalization of scientific communication will be the theme of this presentation. The conclusion will be that, without open access, the globalization of scientific communication will lead to increased knowledge and digital divisions.
This paper discusses the effect of capital regulation on the risk taking behavior of commercial banks. We first theoretically show that capital regulation works differently in different market structures of banking sectors. In lowly concentrated markets, capital regulation is effective in mitigating risk taking behavior because banks' franchise values are low and banks have incentives to pursue risky strategies in order to increase their franchise values. If franchise values are high, on the other hand, the effect of capital regulation on bank risk taking is ambiguous as banks lack those incentives. We then test the model predictions on a cross-country sample including 421 commercial banks from 61 countries. We find that capital regulation is effective in mitigating risk taking only in markets with a low degree of concentration. The results remain robust after accounting for financial sector development, legal system effciency, and for other country and bank-specific characteristics. Keywords: Banks, market structure, risk shifting, franchise value, capital regulation
The first direct measurement of the absolute branching fraction of Σ+→Λe+νe is reported based on an e+e− annihilation sample of (10087±44)×106 J/ψ events collected with the BESIII detector at s√=3.097 GeV. The branching fraction is determined to be B(Σ+→Λe+νe)=[2.93±0.74(stat)±0.13(syst)]×10−5, which is the most precise measurement obtained in a single experiment to date and also the first result obtained at a collider experiment. Combining this result with the world average of B(Σ−→Λe−ν¯e) and the lifetimes of Σ±, the ratio, Γ(Σ−→Λe−ν¯e)Γ(Σ+→Λe+νe), is determined to be 1.06±0.28, which is within 1.8 standard deviations of the value expected in the absence of second-class currents that are forbidden in the Standard Model.
The Orthopterists Society, founded in 1976, is an international scientific organization devoted to facilitating communication among those interested in Orthoptera and related organisms. The Society fosters research and publication in all aspects of the biology of these insects from ecology and taxonomy to physiology, endocrinology, cytogenetics and pest management. Membership is open to all persons, professional and amateur, with an interest in Orthoptera and related orders "Metaleptea" is the official newsletter of the "The Orthopterists Society" and is released up to twice a year.
ProtoSociology is an interdisciplinary journal which crosses the borders of philosophy, social sciences, and their corresponding disciplines. Each issue concentrates on a specific topic taken from the current discussion to which scientists from different fields contribute the results of their research. ProtoSociology is further a project that examines the nature of mind, language and social systems. In this context theoretical work has been done by investigating such theoretical concepts like interpretation and (social) action, globalization, the global world-system, social evolution, and the sociology of membership. Our purpose is to initiate and enforce basic research on relevant topics from different perspectives and traditions.