This book demystifies the foreign exchange market by focusing on the people who comprise it. Drawing on the expertise of the very professionals whose decisions help shape the market, Thomas Oberlechner describes the highly interdependent relationship between financial decision makers and news providers, showing that the assumption that the foreign exchange market is purely economic and rational has to be replaced by a more complex market psychology.
This book demystifies the foreign exchange market by focusing on the people who comprise it. Drawing on the expertise of the very professionals whose decisions help shape the market, Thomas Oberlechner describes the highly interdependent relationship between financial decision makers and news providers, showing that the assumption that the foreign exchange market is purely economic and rational has to be replaced by a more complex market psychology.
This book provides a comprehensive overview of some key developments in the understanding of the nucleon-nucleon interaction and nuclear many-body theory. The main problems at the level of meson exchange physics have been solved, and we have an effective field theory using a phenomenological interaction pioneered by Achim Schwenk and Scott Bogner, which is nearly universally accepted as a unique low-momentum interaction that includes all experimental data to date.This understanding is based on a multi-step development in which different scientific insights and a wide range of physical and mathematical methodologies fed into each other. It is best appreciated by looking at the different 'steps along the way', starting with the pioneering work of Brueckner and his collaborators that was just as necessary and important as the insightful masterly improvements to Brueckner's theory by Hans Bethe and his students. Moving on from there, the off-shell effects that bedeviled Bethe's work — which had resulted in the 1963 Reference Spectrum Method — were treated relatively accurately by introducing an energy gap between initial bound states and an intermediate state. With their influential 1967 paper, Brown and Kuo prepared the effective field theory. Later, the introduction of 'Brown-Rho scaling' deepened understanding of saturation in the many-body system and fed directly into recent work on carbon-14 dating.
Since the dawn of the Atomic Age, nuclear experts have labored to imagine the unimaginable and prevent it. They confronted a deceptively simple question: When is a reactor “safe enough” to adequately protect the public from catastrophe? Some experts sought a deceptively simple answer: an estimate that the odds of a major accident were, literally, a million to one. Far from simple, this search to quantify accident risk proved to be a tremendously complex and controversial endeavor, one that altered the very notion of safety in nuclear power and beyond. Safe Enough? is the first history to trace these contentious efforts, following the Atomic Energy Commission and the Nuclear Regulatory Commission as their experts experimented with tools to quantify accident risk for use in regulation and to persuade the public of nuclear power’s safety. The intense conflict over the value of risk assessment offers a window on the history of the nuclear safety debate and the beliefs of its advocates and opponents. Across seven decades and the accidents at Three Mile Island, Chernobyl, and Fukushima, the quantification of risk has transformed both society’s understanding of the hazards posed by complex technologies and what it takes to make them safe enough.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.