This classroom experiment uses double oral auction credit markets to illustrate the role of banks as financial intermediaries. The experiment demonstrates how risk affects market interest rates in the presence of asymmetric information. It provides fodder for a discussion of the moral-hazard problem of deposit insurance and its impact on depositor…

Two experiments are presented that examine how the visual characteristics of Japanese words influence eye movement behaviour during reading. In Experiment 1, reading behaviour was compared for words comprising either one or two kanji characters. The one-character words were significantly less likely to be fixated on first-pass, and had…

A key topic in multicontroller strategies is the mechanism for switching between controllers, depending on the current operating point. The objective of the switching mechanism is to keep the control action coherent. To help students understand the switching strategy involved in multicontroller schema and the relationship between the system…

Double-exposure holographic interferometry is applied to measure the "linear" or "longitudinal" magnetostriction constant of a soft-ferrite rod. This high-accuracy measurement is done indirectly, by measuring the small rotations of a lever in contact with the rod using double-exposure holographic interferometry implemented with a robust…

In introductory physics textbooks, diodes working principles are usually well described in a relatively simple manner. According to our experience, they are well understood by students. Even when no formal derivation of the physics laws governing the current flow through a diode is given, the use of this device as a check valve is easily accepted.…

We introduce the photoacoustic educational system (PAES), by which we can identify which gas causes the greenhouse effect in a classroom (Kaneko "et al" 2010 "J. Chem. Educ." 87 202-4). PAES is an experimental system in which a pulse of infrared (IR) is absorbed into gas as internal energy, an oscillation of pressure (sound) appears, and then we…

This article describes engaging students in two simple observations to address the concepts of changes of states, heat, temperature, and molecular potential and kinetic energy. It also discusses how these concepts can enable students to further explore and understand interesting and significant phenomena and research in multiple areas of science.…

The components of a performance-enhancing drug (PED) test in sports include sample selection, collection, establishing sample integrity, sample pretreatment, analyte detection, data evaluation, reporting results, and action taken based on the result. Undergraduate curricula generally focus on the detection and evaluation steps of an analytical…

Trace levels of oxytetracylcine spiked into commercial milk samples are extracted, cleaned up, and preconcentrated using a C[subscript 18] solid-phase extraction column. The extract is then analyzed by a high-performance liquid chromatography (HPLC) instrument equipped with a UV detector and a C[subscript 18] column (150 mm x 4.6 mm x 3.5 [mu]m).…

In the present paper, we (1) study whether people differ in the equity models they use, and (2) test whether individual differences in equity models relate to individual differences in equity sensitivity. To achieve this goal, an Information Integration experiment was performed in which participants were given information on the performance of two…

We investigated the time course of associative recognition using the response signal procedure, whereby a stimulus is presented and followed after a variable lag by a signal indicating that an immediate response is required. More specifically, we examined the effects of associative fan (the number of associations that an item has with other items…

The ability to wait for a reward is a necessary capacity for economic transactions. This study is an age-related investigation of children's ability to delay gratification in an exchange task requiring them to wait for a significant reward. We gave 252 children aged 2-4 a small piece of cookie, then offered them an opportunity to wait for a…

People are able to use temporal cues to anticipate the timing of an event, enabling them to process that event more efficiently. We conducted two experiments, using the fixed-foreperiod paradigm (Experiment 1) and the temporal-cueing paradigm (Experiment 2), to assess which components of information processing are speeded when subjects use such…

This paper aims at contributing to a better understanding of the motion of spherical particles in viscous fluids. The classical problem of spheres falling through viscous fluids for small Reynolds numbers was solved taking into account the effects of added mass. The analytical solution for the motion of a falling sphere, from the beginning to the…

The gravitational redshift forms the central part of the majority of the classical tests for the general theory of relativity. It could be successfully checked even in laboratory experiments on the earth's surface. The standard derivation of this effect is based on the distortion of the local structure of spacetime induced by large masses. The…