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SFI Seminar - Models.Behaving.Badly: On Theories, Models, Intuition and Finance

on August 21, 2012 - 7:05am

SFI News:

Models.Behaving.Badly: On Theories, Models, Intuition and Finance

By Emanuel Derman
Columbia University

Thursday, Aug. 23 • 12:15 p.m. • Medium Conference Room

Abstract: Models are metaphors that explain the world we don’t understand in terms of worlds we do.

They are merely analogies, provide partial insight, stand on someone else's feet.

Theories stand on their own feet, and rely on no analogies.

Models tell you what something is more or less like; theories try to tell you what something is.

Financial models are not theories; they are analogies, idealizations that always

DOE Hosts Public Hearing Tonight at Holiday Inn Express

on August 21, 2012 - 7:04am

DOE News:

The Department of Energy is holding public hearings on a Surplus Plutonium Disposition Supplemental Environmental Impact Statement.

The hearings are scheduled for:

  • Los Alamos on Tuesday, Aug. 21 at the Holiday Inn Express, 60 Entrada Drive;
  • Santa Fe on Thursday, Aug. 23 at the Courtyard by Marriott, 3347 Cerrillos Road; and
  • Carlsbad on Aug. 28 hearing at the Pecos River Village Conference Center, 711 Muscatel Avenue.

The hearings will be 5:30-8 p.m. with a presentation beginning at 6:30 p.m. and public comments beginning around 6:45 p.m.

The comment period ends Sept. 25.

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Planned Steam Plant Outage Underway at LANL

on August 20, 2012 - 5:30pm

LANL News:

Los Alamos National Laboratory's Utilities and Institutional Facilities Division began a planned steam outage for maintenance at 7 a.m. Sunday, Aug. 19.

The planned steam outage is scheduled to conclude at 7 p.m., Aug. 25.

The centralized steam distribution system must be shut down for required maintenance of equipment, including replacing and upgrading key components of the Laboratory’s utility system.

During the outage, there will be no heating and no process steam available in building systems served by the Steam Plant.

All buildings within the TA-3 and TA-43 area will be affected

Don't Miss Tonight's Oppenheimer Memorial Lecture

on August 20, 2012 - 9:25am

Alex Filippenko brings cosmic photos, music, passion and a host of T-shirts to his popular Introduction to General Astronomy class. Photos by Steve McConnell/UC Berkeley

Tonight is the Oppenheimer Memorial Lecture at 7:30 p.m. at Duane Smith Auditorium. The lecture, by Alex Fillippenko from UC Berkeley is on "Dark Energy and the Runaway Universe."

The Oppenheimer Memorial Lecture is open to the public at no charge.

The  J. Robert Oppenheimer Memorial Committee is dedicated to honoring the memory of Oppenheimer and his significant contributions to Los Alamos, the nation and the world. 

ChemCam Laser Sets Sights on First Martian Target

on August 17, 2012 - 11:43am

Image of calibration target on the back of the Mars Science Laboratory mission Curiosity rover taken by the rover's ChemCam instrument. Courtesy NASA/JPL

LANL News:

  • Rock zapper ready after beaming back images of calibration targets

Members of the Mars Science Laboratory Curiosity rover ChemCam team have received the first photos from the instrument’s remote micro imager. The successful capture of ChemCam’s first 10 photos sets the stage for the first test bursts of the instrument’s rock-zapping laser in the near future.

“The successful delivery of these photos means we can begin efforts in

Alan Bishop Selected to Lead LANL Science, Technology & Engineering Directorate

on August 17, 2012 - 8:42am

LANL News:

Los Alamos National Laboratory Director Charlie McMillan announced today that after a yearlong, nationwide search, Alan Bishop has been selected to be the Laboratory’s next Principal Associate Director for Science, Technology, and Engineering (PADSTE.)

Bishop has been acting in that role since Aug. 29, 2011.

Over the course of a distinguished 30-year career as a research scientist and leader, Bishop has more than 700 publications in archival journals and has served as a guest scientist, guest scholar and visiting professor.

He has received Distinguished Fellow awards from the

NRC to Discuss Apparent Violations at Harris Nuclear Plant

on August 16, 2012 - 12:25pm

NRC News:

The U.S. Nuclear Regulatory Commission staff has scheduled a regulatory and pre-decisional enforcement conference with officials of Duke Energy to discuss apparent violations of NRC requirements involving the ventilation systems for facilities at the Harris nuclear power plant that would be staffed during emergencies.

The Harris plant, which is operated by Duke Energy, is located near New Hill, N.C., about 20 miles southwest of Raleigh.
 

NRC and company officials will discuss the safety significance of two inspection findings related to the ventilation systems for the plant’s

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