A new paper by Tim Lemper argues that the Supreme Court's decision in National Federation of Independent Business v. Sebelius established new limits on Congress' power to regulate commerce and use federal funds to coerce states. The court's decision placed groundbreaking limits on federal regulation, setting a precedent for future cases.
Researchers found that latency arbitrage, a common high-frequency trading practice, diminishes profits collectively for both regular investors and high-frequency traders in fragmented markets. They recommend regulatory changes to move to discrete trading, which would lead to more efficient trades and eliminate the latency arms race.
The University of South Florida has been awarded a $1 million grant by the U.S. Commerce Department to support new web and mobile app ventures, aiming to create hundreds of high-wage jobs in the region. The grant will also help at least 50 Florida-based startup companies secure early-stage funding.
The inaugural issue of American Political Thought explores the concept of American exceptionalism, with scholars arguing over its origins, applications, and implications for U.S. foreign policy. The articles challenge common assumptions about the term's meaning and its role in shaping American identity.
Researchers found that making goal attainment visual provides motivation, even in abstract contexts. Studies showed that participants who could easily visualize their progress were more energized and motivated to reach their goals. The study suggests that visualization can be a powerful tool for increasing motivation and commitment.
A recent study published in Administrative Science Quarterly found that the way goods are traded plays a crucial role in determining an industry's moral legitimacy. The researchers examined the trade of human cadavers for medical education and research, highlighting how narrative distinctions and proper practices can render markets moral.
A team of Caltech researchers discovered that consumers assign higher values to goods they can physically interact with. In experiments, subjects bid an average of 50% more for tactile experiences than visual or text-based presentations.
The US Chamber of Commerce's annual surveys have been criticized for their inaccuracies and biases, raising concerns about the reliability of their rankings. Theodore Eisenberg's analysis suggests that the surveys may be more of an advocacy tool for tort reform rather than a genuine assessment of state judiciaries.
Jan Hall, a scientist emeritus at NIST and JILA fellow, was awarded the 2005 Nobel Prize in Physics alongside Theodor W. Hänsch for their contributions to laser-based precision spectroscopy. Their work enabled precise control of light frequencies, leading to breakthroughs in science, technology, and navigation.
Researchers at JILA have developed an efficient method to measure and control atomic energy levels with extremely high accuracy. The technique uses ultrafast pulses of laser light to record in real-time the energy required to boost atoms' outer electrons, enabling fine-tuning with lower power lasers.
A new method developed at NIST measures the strength and stiffness of thin-film samples in under 2 seconds, providing quantitative results for definitive comparisons. This technique has applications in evaluating materials for semiconductors, solar cells, fuel cells, coatings, magnetic storage devices and nanotechnology devices.
A comprehensive NIST study found that commercially available fingerprint matching systems can accurately identify individuals at a rate of over 99% in various tests, including single-finger and multi-finger matches. The accuracy of these systems improves with additional fingerprints and high-quality prints.
Dr. Och's system uses statistical models and parallel data to find the most likely translation for a given input, outperforming traditional approaches that rely on grammatical rules and vocabulary lists.
eMediator provides versatile virtual agents with game theory and expert system capabilities, offering flexible bidding and optimal strategies. The platform allows users to create their own agents and view a list of available agents, providing flexibility and control in the bidding process.