Now showing items 1-2 of 2

    • Asset Bubbles and the Cost of Economic Fluctuations 

      Chauvin, Kyle; Laibson, David I.; Mollerstrom, Johanna Britta (Wiley, 2011)
      Lucas (1987, 2003) estimates that the cost of economic fluctuations is low; a social planner would pay no more than 0.1% of (permanent) consumption to eliminate all future business cycle fluctuations. The current paper ...
    • Environment-Assisted Quantum Walks in Photosynthetic Energy Transfer 

      Mohseni, Masoud; Rebentrost, Patrick; Lloyd, Seth; Aspuru-Guzik, Alan (American Institute of Physics, 2008)
      Energy transfer within photosynthetic systems can display quantum effects such as delocalized excitonic transport. Recently, direct evidence of long-lived coherence has been experimentally demonstrated for the dynamics of ...