William Bassett

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he phenomenal growth of the derivatives markets in the last decade and the spate of huge losses there have highlighted the importance of risk management. 1 To respond to custom-ers' concerns about the credit risk of intermediaries in these markets, some U.S. securities firms and non-U.S. banks have created subsidiary derivative product companies (DPCs) that(More)
The year 2008 marked the fiftieth birthday of the diamond anvil cell. Its birth took place when Alvin Van Valkenburg, while working with his colleagues, first realized that he could look right through one of the diamond anvils and see a sample while it was at high pressure. In the following years, these scientists and many others adapted the diamond anvil(More)
The transition from body-centered cubic to hexagonal close-packed phase in iron has been studied in a diamond anvil cell with synchrotron radiation. The hexagonal close-packed phase, when it first appears, has a ratio of lattice parameters that is significantly larger than normal. This is attributed to a displacive mechanism that causes a distortion of the(More)
A new method of generating shear waves with near-optical wavelength has been developed for gigahertz ultrasonic interferometry. The new acoustic technique features a P-to-S conversion upon reflection inside an MgO buffer rod, and is used first to determine the full set of ambient P–T elastic constants (c i j) of magnesiowüstite—(Mg, Fe)O. In addition,(More)
Two new diamond anvil cells have been designed for ultrasonic and X-ray diffraction measurements on a single crystal sample up to 6 GPa and 250 ºC. Advances in the generation and transmission of coherent GHz ultrasonic signals with wavelengths of the order of micrometers now make it practical to measure elastic properties of samples small enough to be(More)
In 2013 all ECB publications feature a motif taken from the €5 banknote. noTe: This Working Paper should not be reported as representing the views of the European Central Bank (ECB). The views expressed are those of the authors and do not necessarily reflect those of the ECB. Any reproduction, publication and reprint in the form of a different publication,(More)
A critical review of experimental technique for measuring high pressures has been made. The broad coverage includes discussions relating to (a) the establishment of a primary pressure scale using the free-piston gage, (b) the selection and precise measurement of identifiable phase changes as fixed pressure points, and (c) the use of interpolation and(More)