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=wbid_ [ p[lc[hn_ l[^c][f ^i fc\_l[fcmgi _m]ihdol[ R[la[m ]igi ]ol[^il lc[ mi]c[f) ]igi [jlijlc[^i _ mo`c]c_hn_l_mogi ^i mcahc`c][^i bcmn‰lc]i
^i [onilcn[lcmgi ][mncfbcmn[a[Œ]bi _ `ihn_ ilcach[f ^[mj[nifiac[m ^i >l[mcf ^_ C_nŒfciR[la[m+= g_^c^[ ^i ]ihnlif_ mi\l_ [ m_^cg_hn[…„i^[ g_g‰*
gi^_lhi+ J[m]c^[ _ ]lc[^[ \[mc][g_hn_ _g O„i L[ofi) _mn[^i _g ko_ m_ lc[ h[]cih[f _r_l]c^[ j_fi fc\_l[fcmgi l[^c][f) ]ihp_lnc^i [i ]ihm_l*
^‚) ]igi ^[n[ ^_ m_o\[ncmgi ]ˆpc]i gi^_lhi) [ l_pifn[ [hnc*R[la[m^_ .60/) p[^ilcmgi [onilcn‚lci m_gjl_ ko_ [m]cl]ohmnƒh]c[mmifc]cn[l[g) † _mncg‚p_f
[ ]ill_hn_ c]ihi]f[mn[ d[g[cm]ihm_ oco ]ihp_ln_w [ g[cilc[ ^[ jijof[…„i j_f[ f[la[ _rn_hm„i _g ko_ [ ijchc„i • _mko_l^[ ]igj[lncfb[ i g_mgi
[ mo[m]ihpc]…‹_m[hncp[laocmn[m+ R[la[m) pcpi io gilni) j[l[ _mm[g[cilc[) ]ihdohni ^_ _mn_l_‰ncjim+ = j[lncl ^[ m_aoh^[ g_n[^_ ^im [him .63-) i
w l__wfcwo[ S kSK^_ %omncw mw]c[f+^im w‚l]_l_mfcb+_l+[cm*_++[+^cmflc\++oco
h[mlo x [mm[ [i _mji -, _ [la[m ch]iljilio l_]lon[m ilcoh^im ^[ _mko_l^[)
_ `[\h][w ^_ ih^_ hoh][ g[Em `KE_rjofm[+ Ag l_]_hn_ doˆti l[^c][f) ]od[ _mnlc^‡h]c[]ihm_aoco) _g [faohm gig_hnim) mi\l_jod[l [mjl‰jlc[m
B_lh[h^i D_hlcko_ ?[l^imi) ]ig [ [onilc^[^_ i`c]c[f ^[ jl_mc^‡h]c[ ^[ pit_m ^i nl[^c]cih[fcmgi fc\_l[f+ Bc]io !gi^_lhi!) chn_f_]no[fg_hn_)[^*
N_jŒ\fc][) [mm_aolioko_ [ Al[ R[la[m _mn[lc[[aihct[hn_) jl‰rcg[ ^i `cg+ gcl[l i mch^c][fcmgi[g_lc][hi ^_ !M(Y]ON]RYZ! & [ko_f[ _g ko_ img_g*
@_mp[h_]_o*m_[ jli`_]c[) jil†g) hi ^†\cf p[tci ^[ l_j_l]omm„i _rnl[* \lw ]ihnlif[g [ _hnl[^[ ^_ ]igj_nc^il_m _g m_om m_ag_hn[^img_l][^im
fcn_l‚lc[)m_gmom]cn[l _hnomc[mgi)h_g g_mgi _hnl_gocnim^im^_m]_h^_hn_m _ nl[ [ i * _ _m _h [l [al_mmcp[g_hn_ i mcmn_g[mch^c][f\l[mc _cli)
c^_if‰ac]im^[ l_\_fc„i j[ofcmn[^_ .60/+ Amn[)m_g^Œpc^[)og[ j‚ach[ l_* b_l[h…[ ^_ R[la[m+= ^_]f[l[…„i jlijimcncp[ ^i _r*jl_mc^_hn_B_lh[h^i
f_p[hn_)g[m og[ j‚ach[ hi nl[n[^i ^im ]ch]i m†]ofimh[]cih[cm+ _hlcko_ ?[l^imi ^_ ko_ clc[ n_lgch[l ]ig [ Al[ R[la[m p_ci [ m_li jc]i
= g‚ f_g\l[h…[ ^_ R[la[m) jl_m_lp[^[ jil m_om ^_m[`_nim)_ ko_ nl[hm* ^_ af‰lc[^i [n† _hn„i golgŒlci ^[m ][n[]og\[m+ N_^otc^i • ^cn[^ol[ _
]_h^_‹ j_hi^i ^fn[nil!ˆ„`)[`?[h…[h^i*i) n[g\†g) _g m_om_aoh^i g[h* [i jijofcmgi) i f_a[^i p[laocmn[_mn[lc[^_mnch[^i • j‚ach[ ^_ ^†\cnim ^[
^[ni jl_mc^_h]c[f)^_]ill_ ^[ jligi…„i ^im [mm[f[lc[^imol\[him [i goh^i h[…„i) [hn_mko_ j l_m_lp[ ^_ p‚lcim _ \_h†`c]im _r_gjfim) chmjcl[^il_m
^[ f_acncgc^[^_ jŒ c][ _) _g [^_h^i) ^i gi^_fi ]iljil[ncpcmn[ [^in[^i w ^_ jimmˆp_cm̀onolim+?igi momn_hn[…„i ^_ n„i lcailimi doˆti [jihn[*m_
X77" j[l[ []igi [l im hipim ]igj[hb_clim h[ [l_h[ jifˆnc][+ h \_g p_l^[^_ j[l[ [ ch_ %_E` fc]c[f_m][^i Amn[^iJipi+ %oˆti li]_^_ g[m
ko_ i _gjl_m[lc[ƒi h[]cih[f) j[lnc]of[llh†hn_ ‹ j[ofcmn[)`wcmo`c]c_hn_g_hn_ h„i † _r[omncpi+
`iln_ j[l[ cgjil [i aip_lhi ^cn[nilc[f ^_ R[la[m og jlcpcf_ac[^i ncji ^_ P[fp_t ji8 ch]fch[…„i)n[fp_t jil ]‰jc[) im [h[fcmn[m_ bcmnilc[^il_m
l_f[]cih[g_hni ko_ i nl[hm`ilgio _g og[ ]f[mm_`il[ac^[ ^i ]ilji* jlcpcf_ac[g) ko[m_ko_ _r]fomcp[g_hn_) imj_lˆi^im ^_ R[la[m mi\ mo[`[]_
l[ncpcmgi)m_g b[p_l mc^id[g[cm[g_[…[^[) h„i i\mn[hn_ c^_hnc^[^_ _ j[* ^_ chc]c[ncp[mch]ih^c]cih[^[m * i ko_ _f_ `_t jil j_lmo[m„i jl‰jlc[ *)
X+l[^_cli ]ihb_]c^im+ Lil nl‚m^[m[j[l‡h]c[m ^_ ch]ihnilh‚p_f chm[ncm`[…„i) _ h_mn[]f[p_ † ko_ m_gofncjfc][g [m_rjfc][…‹_mpch]of[^[m [i ][mncfbcmgi
i _gjl_m[lc[^i ]ihm_aoco) ^_ `[ni) _m][j[l • hilg[ncpc^[^_ ]iljil[ncp[ _ [onilcn‚lci) m_gchp_mnca[l]ig cao[f j[]c‡h]c[ _ lcail [mjifˆnc][m ^_ R[la[m
_mn[\_f_]_l_g m_gc*i\m]olc^[^_ og mcmn_g[VKS]]Od&#KS\SKXY h[mmo[ml_ [* ]igi l_mjimn[)cmni†) ]igi \OKjiY [ _mnˆgofim_ ^_m[`cimjlijimnim j_f[m
…‹_m ]ig i ji^_l jŒ\fc]i _ ]ig w[m]_hn_ mch^c][fcmgii _l‚lci+/ ]cl]ohmnƒh]c[m)ch^_j_h^_hn_m^_ m_o][mncfbcmgiio [onilcn[lcmgi+0
=ch^[ him n_gjim ko_ ]ill_g) [ g_wilc[fˆmnc][ ^_ ijimc…„i mo]og\_ = N_pifo…„i^_ .60- `ic) chc]c[fg_hn__ _g j[ln_) og[ l_[…„i [ ch_mj_*
• _mn_l_incj[^[ cg[a_g ^_ og ^cn[^il) _g jifˆnc][) _ jijofcmn[) _g g[n†* l[^im ^_m[`cimjifˆnc]im chn_lhimj[l[) fiai [ m_aocl)p_l_g*m_imfˆ^_l_m]ih*

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`lihn[^im ]ig jl_mm‹_m_rn_lh[m^_ h„i jio][ ^c`c]of^[^_+Ehn_lh[g_hn_) pcmn[^i jli]_mmi ^_]cm‰lci) _`c][t h[ _n[j[ ^_ cgjf_g_hn[…„i _ []_cn[ ]igi
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gch_cl[) `ic [ lojnol[ ^i j[]ni nl[^c]cih[f ij_l[^[ jil S[mbchanih Hoˆm[i R[la[m j `l_hn_)^_p_g b[p_l j_l]_\c^i ko_)mi\ ionl[ hig_h]f[nol[) _h]ih*
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^i imjlch]ˆjcim ^[ ]ihpcp‡h]c[ ifca‚lkoc][+ = fcn_l[nol[mi\l_ im[hn_]_^_h* m[g h[ gi^_lhc^[ _7[ ]hm_ [ gn_ l[…„i ^_ [lnf?Ej+ [i _ _ l_ EmnhQf [i+ 1#$*
n_xcg_^c[nim ^[ N_pifo…„i † p[mn[)_g\il[w_g h_ bog ^im _mno^imko_ = ^c`_l_h…[^[ _rj_lc‡h]c[ \l[mcf_cl[_g l_f[…„i[im j[ˆm_md‚ [ m[fpi ^_f[m)
]ihb_…i m_`[…[[ ]ih_r„i _hnl_ i gipcg_hni l_pifo]cih‚lci e]e j_fi g_him jil [faog n_gji) _l[ og[ ^c`_l_h…[`ilgc^‚p_f7 _hko[hni im
YVS =''g\[_SMe_g fc oc^[w„i+?cn[g*m_ifca[lkoc[m_ i*ko_ [mm_j[l[p•*8g[m h[i ionlim j[ˆm_mm_pcl[g `[]_ [ `[]_ ]ig ][^[ og[ [`[mn[^[mhi n_gji) hi >l[*
im h_rim mcmn‡gc]im ko_ [mohc[+Oo]_^_g*m_[mh[ll[ncp[m^[mg[hi\l[m _ mcf[mnl‡mm_[jl_m_hn[l[g mcgofn[h_[g_hn_+
moj_l`ˆ]c__hnl_ ^icmalojim ^_ ifca[l][m) m_g ko_ m__m]f[l_…[gim gincpim Ah`l_hn[l [ ]lcm_^_ chn_al[…„ih[]cih[f) [ ^_ j[lnc]cj[…„i jifˆnc][ _ [ ^_
^[ ]ctƒhc[+?ig `l_k•‡h]c[) [m[h‚fcm_m j_][g jil l_^o]cihcmgi ch^cpc^o[* l_^cmnlc\oc…„i ^_ lcko_t[) _ moj_l‚*E[m)`ic [ chnl[hm`_lˆp_f[a_h^[ ^im j[ˆm_m
fcmn[) `c][h^i [ Dcmn‰lc[ mi\l_^_n_lgch[^[ j_fim [j_ncn_m^_ ji^_l ^im `cao* _hnl[^im hi goh^i gi^_lhi+ Ag ni^im _f_m)i _g\[n_ `ic m_a•_h]c[f+L_f[
l[hn_m+=fn_lh[ncp[g_hn_) ^_\[n_*m_• _r[omn„i m_i m_hnc^i^i _jcm‰^ci`ic il^_g) moj_l[l[g [ ]lcm_^_ c^_hnc^[^_)[ ^_ j[lnc]cj[…„i ^_jicm _) jil `cg)
_kocp[f_hn_•ml_pifo…‹_m \olao_m[m_olij†c[m io m_`ic og[ l_\_fc„i ^[m]f[mm_m [ ^_ l_^cmnlc\oc…„i+ Eg[ach[*m_ko_) h„i i\mn[hn_[ al[h^_ ^c`_l_h…[^_ h[no*
g†^c[m+=^_jnim ^[ p_lm„in_h_hncmn[ &^_]f[mm_ g†^c[') ]ihnl[ [ p_lm„i !\ol* l_t[ _hnl_ _f[m)[ _rj_lc‡h]c[ ^[ moj_l[…„i^_ ][^[ og[ n_hb[ [do^[^i h[
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fˆ^_l_m^[ N_pifo…„i)m_gm_[j_l]_\_l_g ^_ ko_ i g_mgi [laog_hni) [ m_l nl‡m]lcm_m m_^_o hi j_lˆi^i ko_ p[c ^i chˆ]ci ^i m†]ofi TET [im jlcg_clim
p‚fc^i) i m_lc[n[g\†g _g l_f[…„i•m]f[mm_m g†^c[m+Bch[fg_hn_)[ ]ih]fom„i nlchn[[him ^i m†]ofibb*Konlim[mmoj_l[l[g [i fihai ^i m†]ofiTT+ I[m
_g `[pil ^_ og[ _rjfc][…„i ^i ][l‚n_l ]f[mmcmn[ b_n_lia‡h_i ^i gipcg_hni _g ni^im im ][mim][ [ og[ [mko_mni_m ji _ m_lnl[n[ [ g EREo[ g_hn_+
i`_l_]_ og[ jimmc\cfc^[^_^_ l_]oi chn_f_]no[fg[cm^i ko_ og m‰fc^i [lao* w =i ]ihnl‚lci) [im j[ˆm_mmo\^_m_hpifpc^im ko_ ligj_g [ linch[
)pwni+ K _mno^i^[ N_pifo…„i^_ .60- ]igi g[l]i _hnl_^o[mkZYMK]&†ji* ifca‚lkoc][ _ ^„i chˆ]ci ^_ `ilg[ cll_p_lmˆp_f• g[l]b[ j[l[ i ^_m_hpifpc*
*`~www7mcmn_gw) h„i mig_wn_ l_acg_m' j_lg[h_]_ pcla_g ^_ ]ihnlc\oc…‹_m g_hni) im i\mn‚]ofim h„i m_[jl_m_hn[g _g mo]_mm„i) g[m _g ]ifca[…„i+
_m]f[l_]_^il[m+ ******** *** J„i fb_mm„i ]ih]_^c^im [ _rj_lcg_hn[…„i _ i [jl_h^Et[^i h[ [^gchcm*
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m_pcl[g _g g_ci • `ilgc^‚p_f ]lcm_^i ][jcn[fcmgi) chc]c[^[ _g .6/6) _ mi* im^_mpcim_kocpi][^im hi nl[n[g_hni ^_ og[ l_j_l]on[g h[ chn_hmc^[^_
\l_ ]odim^_m^i\l[g_hnim h„i jimmoˆ[g [ g_hil j[l]_f[ ^_ ]ihnlif_+ f cg* io g[ahcno^_ ^[m^_g[cm+
jimmc\cfc^[^_^_ chc]c[ncp[[onŠhig[) m‰ fb_ml_mn[p[l_mjih^_l [im cgj[]nim J„i _l[ ionli i ]_h‚lci \l[mcf_cli [i chˆ]ci ^[ ^†][^[ ^_ .60-+ = _koc*
^[ ]lcm__rn_lh[ gi\cfct[h^i l_]olmimg[n_lc[cm_ n[f_hnimbog[him ]ig i j_ ko_ ]b_a[l[ [i ji^_l) _g g_ci • ^_mila[hct[…„i jli^otc^[ jil _rn_hm[
i\d_ncpi ^_ [giln_]_l [m]ihm_k•‡h]c[m^ig†mnc][m^[ ]lcm_+ =f†g ^cmmi) m_lc[ l_`ilgof[…„i jifˆnc][) m[\c[ ]ig ]_ln_t[ i ko_ ^_m_d[p[* ch^omnlc[fct[li
h_]_mm‚lcia[hb[l [ [^_m„i ^_ ni^[m[m][g[^[m ^[ jijof[…„i j[l[ [ _mnl[n†* j[ˆm *) g[m j[l[ cmmih_]_mmcn[lc[ ^_ og[ l_]oj_l[…„i ^[m[ncpc^[^_m_]i*
ac[ ^_ l_^otcl i jin_h]c[f ^_ ^cmloj…„i^[ il^_g mi]c[f)]iijn[h^i i [jici hŠgc][m ][j[t ^_ jlip_l i `ch[h]c[g_hni ^i jlid_ni * [ [alc]ofnol[ ^_
^im nl[\[fb[^il_m ol\[him •mola_hn_mg_^c^[m ko_ i ^_m[mnl_ chn_lh[]cih[f _rjiln[…„i) _g j[lnc]of[l [ ^i ][`† *) g[m m‰ pclc[ [ j_l]_\_l jf_h[g_hn_
cgjohb[+ ?ih]foch^i [ fcmn[^_ ^_m[`cim)mola_g im ]ihmnl[hacg_hnim n_g* ko_ m_]ihnl[johb[ • nill_hn_ ^_jl_mmcp[chn_lh[]cih[f ko[h^i gipcg_h*
jil[cm+= l_[…„i ^i aip_lhi [i l_jni _r‰a_hi ^_p_lc[ m_l‚acf ^i jihni ^_ nim_]ihŠgc]im ^_ linch[ `c][l[g j[l[fcm[^im _ ko[h^i [ pcn[fh_]_mmc^[^_
^_ l‚jc^[ ]iil^_h[…„i ^_ _m`il…im chn_lhimm_pco][l_hn_ ^i al[h^_ g_][* `_gchchi _ ch`[hncf)fcgcn_mj dilh[^[ ^c‚lc[ ^_ nl[\[fbi) [faog[ `ilg[ ^_
hcmgi ^_ [domn[g_hni _hnl_ [ncpc^[^_m^cmj_lm[m * i g_l][^i+1 ]igj_hm[…„i jil jli\f_g[m ^_ m[Œ^__ [jim_hn[^ilc[) io m_d[)h[^[ [f†g
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g_hn[cm)og) [hn_lcil) ionli) ]i*jl_m_hn_+K ko_ _mncgof[i ]l_m]cg_hni =n_h^c^[m_mn[m _rj_]n[ncp[m)[jl_m_hn[p[g*m_[ml_cpch^c][…‹_m ^_ fc\_l^[*
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j‹_g) _g l_acg_ fc\_l[f*^_gi]l‚nc]i) m_h„i ^i g_][hcmgi chn_al[^i l ^i ^_ j[lnc]cj[…„i _ ko_ m‰ ]ig_…[g [ m__mn[\_f_]_lh[ Aolij[) _ g_mgi [mmcg
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[i goh^i _rn_lcil+ =koc) [ chn_hmc^[^_^im ]ih`fcnim _hnl_ i ][jcn[f _ i nl[*
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^_ ko_ ]ihm_k•‡h]c[m m_m_aoclc[g • ij_l[…„i ^im chmnlog_hnim^_ chm* ]ig mipchc]_) [i g_mgi n_gji) im l_]olmim ^_ ko_ ^cmjilc[g him
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g_hnim ^_ ko_ [ i\_^c‡h]c[ • gil[f c^[^_ _ •ml_al[m ^[ ]ih]ill‡h]c[ ni^[m [m‚l_[m)h„i † ^_ gi^i [faog l_mofn[^i ^_ [][mi) ^_ []c^_hn_ [^gc*
jifˆnc][ fc\_l[f) [hn_mpca_hn_m)_kocp[fc[ [ og moc]ˆ^ci l_nli[ncpi+ Amm[ hcmnl[ncpi)g[m `loni ^_ ]f[li _hn_h^cg_hni ^i ko_ m_cgjohb[ _r_]on[l+
]ihnl[lc_^[^_ ^_ j_lmj_]ncp[m)_g ]l_m]_hn_n_hm„i)m_l‚ moj_l[^[ j_fi Ag `_p_l_cli ^_ .60.) jil _r_gjfi) j[mm[^img_him ^_ ko[nli g_m_m^[
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gi^_lhct[…„i [ ko[fko_l ]omni) j[l[ ohm)_ i ^i ][l‚n_l ^_ mo`c]c‡h]c[ himm[_]ihigE[ † i mc_lolaE?K+L[l[ i >l[mcf)[ c^[^_ ^i `_lli g[l][l‚ i
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[jici ^im ^icm alojim _g ]ih]ill‡h]c[+ jfil[…„i ^[ lcko_t[ h[]cih[f ko_ jimmoˆgim cgi\cfct[^[+!3 Al[ [ ?igj[*
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]cmgi [ ^_m[`cimm_g_fb[hn_m)h„i n_h^i ofnl[j[mm[^i i g_ci m†]ofi ^_ lc[fct[…„i^i pcmcih[lcmgip[laocmn[+Al[ [ j_l]_j…„i ^[mn[l_`[m^_ ko_ og
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g_him nin[fcn‚lc[ ^i ko_ i h[tcmgi [f_g„i+ Ji >l[mcf)[ `‰lgof[ ]ii* ]im j_l]_\_l[g ko_ R[la[m l_pifo]cih[l[ ^_ `[ni i j[ˆm+Aigj[l[h^i*i)
j_l[ncpcmn[`ic [\l[h^[^[ _g l_f[…„i [im m_ag_hnim_]ihŠgc]i*_gjl_* ) † ]f[li) [i ko_ i [hn_]_^_o+ Ehc]cio _ [p[h…io h[ `oh^[…„i _ chn_al[…„i
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m_`_t [i jl_…i ^_ _rn_hm[ [gjon[…„i ^[ [onihigc[ ^im nl[\[fb[^il_m+ ^c`_l_h]c[…„i ila[hct[]cih[f ^i Amn[^i)^in[h^i*i ^_ [ ‡h]c[m_ j_mmi[
A `ic og[ jifˆnc][ mi]c[f ^_ al[h^_ cgj[]ni) _g ]igj[l[…„i ]ig i j[m*
OR_l)^i [onil) != jl‚rcm fc\_l[f _ [ ]c^[^[hc[ l_aof[^[!) _g 7kMKNK]NOO]ZKX^YO_WK KZYVYQSK
m[^i h[]cih[f) ko_ p_ci [ m_lpcl^_ jihn_ _hnl_ [ chn_h…„i_ [ h_]_mmc^[*
NOWYM\g^SMK% Nci ^_ F[h_cli) Ni]]i) .665+
^_ ^_ l_]lon[l im nl[\[fb[^il_m j[l[ i goh^i ^[ h_ai]c[…„i) ^im[h^i 3C_nŒfciR[la[m) 4 XY`K ZYVm^SMK NY 5\K]SV%@E<)pifog_ E)j+ .--+
N9E<=IC=O ?LAC@=ID= <FJ J9EKFJ

ko[fc`c][^i * i @_j[ln[gwi ^_ =^gchcmnl[…„i ^i O_lpc…iLŒ\fc]i j[lnc^‚lc[ _ j[lf[g_hn[l) mi\ ifca[lkoc[m)_g j_lˆi^im ^_ ^_gi]l[]c[ fcgcn[*
&@[mj'`ic ila[hct[^i_g .605) ]ig [ ch]o` f\‡h]c[ ^_ jli^otcl o[^lim* ^[) io mi\ ^cn[^ol[+J„i n„i ch]igjl__hmˆp_f) _hnl_n[hni)ko[hni [ _mnl[hb[
[^gchcmnl[ncpim]igj_n_hn_m _ chnli^otcl i ]lcn†lci ^i g†lcni hi chal_mmi) n_m_^_ ko_ h[^[ go^io hi >l[mcf_g ]ch]i m†]ofim)[oncmgi chn_f_]no[fcg*
_ ][ll_El[ i `Qh]cih[fcmgi+ = _mm[hip[ a_l[…„i ^_ \oli]l[n[m m_lc[_h* j_lg_‚p_f •mnl[hm`ilg[…‹_m^i Œfncgig_ci m†]ofi h[]cih[f+ Ji >l[mcf)i
nl_ao_ [ l_mjihm[\cfc^[^w ^_%w_f[lj_f[ p[mn[f_acmf[…„i l_aof[n‰lc[jli^o* w jl_m_hn_† m_gjl_ ch[oaol[f) d[g[cm]ihm_k•‡h]c[ chn_lg_^c‚lc[ ^i j[mm[^i)
tc^[ _ j_f[ a_mn„i^i m_niljli^oncpi _mn[n[f+ Ag ko[m_ch[]_cn‚p_fl_mogi) _g \om][ ^i `onoli+ Cl[h^_ j[ln_ ^im bcmnilc]cmn[m \l[mcf_clim]ihn_gjilƒ*
[ m_l^_m^i\l[^i [^c[hn_) [ch^[ h_mn_][jˆnofi) † _mn_i M_\\SM_V_W ^[ Al[ h_imh_a[g) jil cgjfc][…„i) ko_ i >l[mcfn_hb[ nc^i bcmn‰lc[+
R[la[m+@_mnloˆ*E[ ]ihmncnoc)]f[l[g_hn_) `ilgc^‚p_f ^_m[`ci+
e 8 Z_\ ]SW_Y`O'/ = Al[ R[la[m m_[`[mn[hi n_gji) g[m m_]ihmifc^[ hi
?ihn[g) n[fp_t) im ch]ih`ilg[^im ]ig [ nl[^c…„i\l[mcf_cl[^_ ^_mnch[l PX ˆhncgi ^[ bcmn‰lc[ \l[mcf_cl[+++
Pl[n[h^i*m_ ^_ og li]_mmi _h][l]_l[^i) cmni
[i imnl[]cmgi ^_`chcncpiimgig_hnim ^_ lojnol[ bcmn‰lc][+ Fomnc`c][p[*m_ ^[l
†) _g ko_ [ mo]_mm„i ^_ `[nim †w_p_lmˆw_f h„i b‚ ]i +i l_`[t_l i Amn[^i
[m]imn[m[im jilnoao_m_m_ [i j_lˆi^i ]ifihc[f jl_]cm[g_hn_ j_f[ f_g\l[h…[
w \l[mcf_cli _ mo[mgofnc`[]_n[^[m [nlc\oc…‹_m m_h„i [ j[lncl ^[m ch[j[a‚p_cm
^_ bogcfb[…‹_mh[]cih[cm+Amkocmcni `ic i ligjcg_hni ]ig L_^li &h„i g[cm
w ]ihm_k•‡h]c[m^[ […„ip[laocmn[+h chm_hm[ni[g\c]cii[l _m]l_p_li onoli
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w ^‰>l[mcf]ig `oh^[g_hnim [mm_hn[^im hi j[mm[^i ^_ ionlim j[ˆm_m+ @†][*
^[^_ ^_ [\milp_l) ^_jicm ^_ chmn[ol[^[[ N_jŒ\fc][) i l_mni^i m†]ofiTET) i
w ^[m _ m†]ofimjimn_lcil_m m_l„i i ko_ m_l„i ]igi l_mofn[^i ^[m ^_]cm‹_m
^_ L_^li ..+Mo[m_h[^[ m_l_]il^[ [f†g ^i [l\cnl‚lci Li^_l Ii^_l[^il _ ^[
%* nig[^[m _ jil nig[l) _gjl_mn[h^i g[n_lc[fc^[^_ [ og ^_hnl_ im p‚lcim
_m]l[pc^„i+?[^[ chˆ]ci ^_ †ji][ † [lnc`c]c[fg_hn_l_acmnl[^i ]igi i [hi .
`onolim jimmˆp_cm i`_l_]c^im [ ][^[ †ji][+ Ahnl_ [mjimmc\cfc^[^_ml_[cm[i
^[ pc^[ Œncf ^i j[ˆm) `c][h^i im j[mm[^iml_]_hn_ _ l_gini min_ll[^im j_fim
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m_nl[hm`ilg[l_g _g ][jˆnofim ^[ bcmn‰lc[ \l[mcf_cl[)• _r]fom„i ^_ ionl[m+
ni^im im jl_m_hn_m) [i j[mm[^i) _ [ no^i hi j[mm[^i+
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w %*`imm_g[m_m]ifb[m`_cn[m+ I[m hi hw]ci ^[ ]ihmwlo…„i^i >l[mcfh7i^_lhi
^ˆpc^[) io ^†\cni) ]ig [ Llcg_cl[ N_jŒ\fc][+@ˆpc^[h_hbog[ m_aol[g_hn_ [
w _h]ihnl[*m_)_g ]iij_l[…„i b[lgig][) og [lkQfn_ni)og _ha_hb_Eli _ og
jl_p[f_]_l) ]igi jl_p[f_]_o) [ jl_]‚lc[ _ ]igjlig_nc^[ l_pcm„i^i j_lˆi^i)
g_mnl_*^_*i\l[m)C_nŒfciR[la[m) [ nl[n[l i Amn[i l[mcf_cli †igi [m^_*
ko_ `il[) jil ko[l_hn[ [him) l_mofn[^i ^[ b[\cfc^[^_) ^_`_cnim_ pclno^_m^[*
g[cmmi]c_^[^_m^_ p[hao[l^[) • †ji][) nl[n[p[g imm_om+ Eh_pcn[p_fg_hn_)
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^[lc[ [f_hni) n[g\†g) [im hipim [nil_m ^im Amn[^im^i m†]ofi TT+
][^im ]igi im !][l]igc^im!+ ?igi n[cm̀c][l[g j_l_hct[^im h[ g_g‰lc[
?ig _`_cni)i Amn[^ich^omnlc[fchn_lp_h]cihcmn[)l_aof[^il _ `l_k•_h*
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chmncno]cih[cm ^i j_lˆi^i+ ?igi ^c`_l_h]c[…„iila[hct[]cih[f) [ g[cm l_f_* Amn[^i_ i ^_m_hpifpcg_hni ^_ mo[[…„i l_aof[n‰lc[[^kocl_g _f_p[^[ p_*
p[hn_i]ill_ _g .6/-) ko[h^i m_chmn[f[[ ?[ln_cl[ ^_ Agcmm‹_m _ N_^_m]ihnim fi]c^[^_) _h]ihnl[h^i*m_ n[g\†g) [i `ch[f ^i j_lˆi^i) i chˆ]ci ^_ g[cil
^i >[h]i ^i >l[mcf)_g\lc„i ^i `onoli >[h]i ?_hnl[f+ L_fi ƒhaofi ^[ [nc* _hpifpcg_hni _mn[n[f_g [ncpc^[^_m^cl_n[g_hn_ jli^oncp[m+ Km^icmjli*
pc^[^_ jli^oncp[ ^i Amn[^i)[ ]ihmncnoc…„i ^_ og `oh^i j[l[ ]ihmnlo…„i_ ]_mmim m„i mcgofnƒh_im_ [hi [j‰m[hi i\m_lp[g*m_ [ ]lc[…„i _ ^c`_l_h]c[*
jl_m_lp[…„i^_ _mnl[^[m^_ li^[a_g) _g .6/4) † n[fp_t [ Œhc][^_]cm„imcahc* …„ichmncno]cih[cm []igj[hb[^[m ^_ chn_hm[chn_lp_h…„il_aof[n‰lc[+
`c][ncp[[i fihai ^im jlcg_clim ko[l_hn[ [him ^[ N_jŒ\fc][+h _g l[t„i ^_mn[ Ag ]ihnl[mn_ ]ig [m ^†][^[m [hn_lcil_m ^[ N_jŒ\fc][) [ [ncpc^[^_
jl_m_h…[^cm]l_n[)_hko[hni [a_hn_jli^oncpi) ko_ m_[]ifb_ m_gg[cil ]ig* aip_lh[g_hn[f † _hilg_ _ _g p‚lc[m `l_hn_m+?lc[g*m_ gchcmn†lcim_ io*
nlimgŒm]ofim^i [j[l_fbi ^_ Amn[^i)]ig_…[ [ chn_l`_l‡h]c[ ^i aip_lhi
jlip[…„i i _mn_l_‰ncji ^_ ko_ [ ^_higch[^[ Llcg_cl[ N_jŒ\fc][ [^_koio*m_
h[ml_f[…‹_mmi]c[cm)i [j_ncn_l_aof[n‰lci m_g[hc`_mn[+= ]lc[…„i ^im ?il*
]igjf_n[g_hn_ [i gi^_fi ^_ fc\_l[fcmgi b_a_gŠhc]i+
Ag m_oj[j_f ^_ _hn_ l_aof[n‰lci) ]ihno^i) i Amn[^i `ic \_g g[cm
l_cim_ P_f†al[`im _ i _hko[^l[g_hni dolˆ^c]i ^[ l[^ci]igohc][ „ g F
ni i i n_llcn‰lcih[]cih[ m[i _r_gj im [ _^c`c][ „i g[n_lc[f ^i Amn[^i
[no[hn_) j[lnc]of[lg_hn_ h[ jlch]cj[f ‚l_[ _]ihŠgc][ ^i j[ˆm • †ji][ *
_g .60.+ = f_acmf[…„il_aof[n‰lc[ mi\l_ l_]olmim h[nol[cm _ [ncpc^[^_m
[ _]ihigc[ ][`__cl[ *) ^_gihmnl[h^i ko_ i VKS]]Od&PKS\SKXS]WY
[nlc\oc • Llcg_cl[ N_jŒ\fc][ † ^_]c^c^[g_hn_ _r[a_l[^i) l_mnlcnikowc
ko_ m_
_]ihŠgc][m † pcmˆp_f^_m^_i chˆ]ci) ]ig [ ]lc[…„i ^i ?ihm_fbi J[]cih[f ,
^i ?[`†) hi g_mgi [hi ^_ .60.) [i ko[f m_m_ao_)_g .600) i Ehmncnoni ^i
• jli^o…„i _mn[n[f^cl_n[+.1 Ag [ncpc^[^_ l_aof[n‰lc[)[ nl[^c…„ih[]cih8f
=…$7[l _ ^i =f]iif) _ im ]‰^caim^_ |ao[m) _ Ich[m) g[cO i [hi ^_
† .3ha_p[+ F‚ _g .6-3) [nl[p†m*^i ?ihp‡hci ^_ P[o\[n†) i Amn[^ij[mm[[
Rc[…[i [?fKh[ ) _g .601) _ i ?if†aci >l[mcfwcli*^‰ }l ) i Ehmncnoni J[*
l_aof[l [ jli^o…„i chn_lh[ ^i al„i ^_ ][`†) [^gchcmnl[h^i [ ^cmnlc\oc…„i ]cih[ i [n_ _ i ?‹wm_fbi J[]cih[f ^_ L_nw) _g .605+ K ?ihm_fbi w
^_ koin[m [im _mn[^imjli^onil_m+ @_jicm)_g .6..) † [ jif‡gc][ []_l][ J []c‹c.„. _ ao[m _ Ah_l c[ Af†nlc][ † ^_ .606+ I_mgi [hi _g ko_ og
^[ jlin_…„i [i jli^oni mcgcf[l h[]cih[f ko_ jlipi][ [ ^_]l_n[…„i ^_ Lf[hi ^_ K\l[m LŒ\fc][m_ ^_ @_`_m[J[]cih[f ]igjf_g_hn[ i Lf[hi J[*
g_^c^[m [f`[h^_a‚lc[m pcm[h^i l_aof[l) pc[ nlc\on[…„i)[ cgjiln[…„i ^_ \_hm ]cih[f ^_ Rc[…„i) ^o[m g_^c^[m ch[oaol[cm ^[ chn_lp_h…„ih„i [j_h[m
ch^omnlc[cm+ Ag .6.5) `ch[fg_hn_) i Amn[^i ]ig_…[ [ [^gchcmnl[l im jl_* l_aof[n‰lc[)g[m n[g\†g jli^oncp[) ^i Amn[^i)domn[g_hn__g ‚l_[m _m*
…im^_ a‡h_lim ^_ jlcg_cl[ h_]_mmc^[^__ [ ^cmjil mi\l_ [ f_a[fc^[^_ ^i nl[n†ac][mj[l[ [ ]ihmnlo…„i g[n_lc[f ^_mn_Œfncgi+= _f_mm_ao_*m_) [ch^[X+.'
]ih`cm]i ^_ g_l][^ilc[m) ko[h^i ]ihp_hc_hn_+Ag\il[ h„i _mj_n[]of[l) [ % h[ fchb[ jli^oncp[) i Lf[hi Oc^_lŒlac]i J[]cih[f) _g .61-+
[ncpc^[^_ l_aof[n‰lc[^i Amn[^i† [ g[cm m[fc_hn__) m_g ^Œpc^[)]lo]c[f h[ = l_aof[…„i_ [ chn_l`_l‡h]c[h[ pc^[ mi]c„E^_m^i\l[g*m_)[ j[lncl ^_ .60.)
ila[hct[…„i ^[ jlch]cj[f [ncpc^[^_ _]ihŠgc][ ^[ †ji][+ {m p†mj_l[m^[ ]ig [ hip[ f_c^_ cgjiln[…„i ^_ mcgcf[lh[]cih[f) _g ]cl]of[…„i ^_m^_.56-)
N_pifo…„i ^_ .60-) h[ ko[f) i\pc[g_hn_) hchao†g [jimn[p[ ]ig m_ao* _ l_`ilg[^[ _g .6.. ]ig cao[f ch_`c]‚]c[+.2 I[m † [ j[lnwl ^_ .60/ ko_ m_
mo]_^_g chchn_llojn[g_hn_ [mf_cm mi]c[cm ]ig i [j[l_]cg_hni) h_mm_ [hi) ^i
]_lnc`c][^i ^_ \[ncmgi ]ˆpc]i ^i nl[\[fb[^il * [ ][ln_cl[ ^_ nl[\[fbi) ]ig [
.1=ch^[ [mmcg)b‚ ko_ m_[\lcl _r]_…„i j[l[ i jli\f_g[ ^i […i+R_l Os^_hb[g Hiol_h…i J_ni)'
eK\MeK OMYX^\KWe\MRK NKSX^O\`OXjiYO]^K^KV2 8]^KNY%OWZ\O]K\SKNY OL_\YM\KMSKXK ZYVm^SMK
]VNO\_\QVMKL\K]SVOS\K%
n_m_^_ @ionil[g_hni) Eoj_ld) Nci ^_ F[h_cli) /--.+ ] '(&-# I[lc[ =hnihc_n[ H_ijif^c) YZ' MS^'%
j+ ./-+
kw[f i _gjl_a[^i nchb[[mm_aol[^ini^im im ^cl_cnimnl[\[fbcmn[m) [ch^[ jil ^_ j[l[ i ^_\[n_ mi\l_ jf[h_d[g_hni `O\]_] f‰ac][^i g_l][^i _hnl_Ni\_lni
REl)_ m_g[ ko[f) jil ionli f[^i) ^_f_mh„i ji^_lc[ m_\_h_`c]c[l+J_mm_g_m* Ocgihm_h_ Aoa‡hci Co^ch+J„i i\mn[hn_im ^_\[n_m)]ihncho[g [ mo]_mm„i
gi [hi † l_ f[^i i nl[\wi `_gchchi _ ^_ g_hil_m) `cr[^[ _g icli bil[m [ ^_ l_aof[g_hnim _ [ ila[hct[…„i ^_ ohc^[^_mjli^oncp[m) ]ig [ =]_mcn[_ [
dilh[^[ ^_ nl[\[fbi ^_ [^ofnim)_ [n_h…„i• Eac_h_ i nl[ [ i+ i [hi m_* ?igj[hbc[ Dc^li_f†nlc][ ^i R[f_ ^i O„i Bl[h]cm]i _mn[\_f_]c^[m_g .612)
aogn_ m_h[[ _c^_ `†lc[m+ N_nlimj_]ncp[g_hn_)p_lc`c][*m_ ko_) _g nl‡m[him ]igi _hnc^[^_m^_ jli^o…„i) _ i Boh^i B_llipc‚lci _ [ Ooj_lchn_h^‡h]c[ ^[
i aip_lhi l_pi o]cih‚lci ^_ R[la[m [n_h^_o [ jl[nc][g_hn_ ni^[m[m^_g[hw Ii_^[ _ ^i ?l†^cni) ^i >[h]i ^i >l[mcf)j_fi f[^i `ch[h]_cli+
^[ml_cn_l[^[mj_fim mch^c][nim _g ]ihal_mmim[hn_lcil_m+ • h_mn_Œfncgi [hi ^[ ^cn[^ol[ ^_ R[la[m ko_ m„i ]lc[^im i @_j[ln[*
L[l[ `ilg[l im ij_l[^il_m ^i Amn[^iko_ m__rj[h^c[) cgjf[hn[*m_)_g g_hni ^_ Amnl[^[m^_ Ni^[a_g _ i @_j[ln[g_hni ^_ K\l[m ?ihnl[ [ O_][)
.605) i @_j[ln[g_hni ^_ =mm_mmilc[ _ O_lpc…i^_ L_mmi[f&@[mj'+ Amn_ ^_j[l* m_aoc^im)_g .613) j_f[ ?igcmm„i ?_hnl[f ^_ Ll_…im+ Pi^im) [f†g ^i
n[g_hni ^_ `ilg[…„i _ ]ihnlif_ ^i m_lpc…i jŒ\fc]i [h…[l‚ [m [m_m^_ og @_j[ln[g_hni J[]cih[f ^_ K\l[m _ O[h_[g_hni) d‚ pch^i ^_ .61-) pc_*
mwmn_g[ ^_ g†lcni) l_cpch^c][h^i [ [n_h…„i^[ ]f[mm_ jifˆnc][ j[l[ [ l_f_pƒh* l[g [ nilh[l*m_) _g g_him ^_ og[ ^†][^[) ]f[lim n_mn_gohbimjl_]cm[*
?E[^im ij_l[^il_m ^[ g‚koch[ _mn[n[f) j[lnc]of[lg_hn_ ^_ og Amn[^iko_ m_ g_hn_ ^i ][l‚n_l ch_`c]c_hn__ jl_^[n‰lci ^[ \oli]l[]c[ \l[mcf_cl[) _g mo[
nilh[p[ g[cm]igjf_ri [ ][^[ [hi+ = _mj†]c_^_ h_jincmgi ko_) m_gmig\l[ m_aoh^[ `[m_^_ j[nlih[a_g _ ]fc_hn_fcmgi+
^_ ^Œpc^[)jl_p[f_]_o ^ol[hn_ im jlcg_clim nlchn[[him ^[ N_jŒ\fc][) g[h* Ag ]ihnl[]ill_hn_ • ]igjf_n[ _ p_fit l_pifo…„i chmncno]cih[f)ila[*
n_h^i [ nl[^c…„i^i \oli]l[ncmgi cgj_lc[f * i\d_ni ^_ ‚]c^[m]lˆnc][m^_ ^icm hct[]cih[f _ f_a[f ^[ jlcg_cl[ †ji][ p[laocmn[h[ll[^[ [n† [koc) i j_lˆi^i
[onil_m)Fi[kocg J[\o]i _ Fim†^_ =f_h][l) chn_cl[g_hn_^cm]il^[hn_m_g jl_mc^_h]c[f^_ Aolc]i C[mj[l @onl[ l_p_f[ ^l‚mnc][chn_lloj…„ih[m[ncpc^[*
no^i g[cm*) _h]ihnlio hi @[mjm_och][hm‚p_fj_lm_aoc^il+@cl*m_*c[ b[p_l ^_m^i Amn[^i)g[m ko_ m„icg_^c[n[g_hn_ l_nig[^[m ]ig [ pifn[ ^_ R[la[m
n_lgch[^i [ Fcg_cl[ `[mw^i ]fc_hn_fcmgi\l[mcf_cli)h[ p_lm„i ko_ ]ihm_aoc* [i ji^_l &.62-' _ [ ]lc[…„i)_g .62/) ^i >[h]i J[]cih[f ^_ @_m_hpifpc*w
l[ g[hn_l*m_chn[haˆp_f[i fihai ^_ [jlircg[^[g_hn_ ..- [him+ g_hni A]ihŠgc]i &>J@A' _ ^i ?ihm_fbi J[]cih[f ^_ @_m_hpifpcg_hn-4w
w j[lncl ^_ .61-) _ [n† .621) ^_m]ihn[^i i chn_lg_^c‚lc*88* j_lˆi^i ^_ ?c_hnˆ`c]i _ P_]hif‰ac]i &?JLk'+ P[g\†g _g .62/ _mnlonol[g*m_[ w
Aoh]i C[mj[l @onl[) i]ill_ ]l_m]_hn_j[lnc]cj[…„i ^[ [ncpc^[^_ jli^onc* B†llipf‚h[ B_^_l[f) i >[h]i ^i Jil^_mn_ _ i Ehmncnoni >l[mcf_cli^i ?[`†)
p[ _mn[n[f)[]igj[hb[h^i [ ]ihnˆho[ _gcmm„i^_ f_cm l_aof[n‰lc[m _ i ]l_m]c* m_ffcfi^_ .620 wLf[hi J[]cih[f ^_ P_f_]igohc][…‹†m)[ ?[]_r) [ OLARA=) .) 3
g_h+ni_ ^c`_l_h]c[…„iila[hct[]cih[f ^i Amn[^i+= ?igj[hbc[ Oc^_lŒlac…[ [ ]lc[…„i^i Ichcmn_hi [ [o _ _ [ [jlip[…„i) _g 0 _ iono li) [ H_chK N)
ww]fK<[f)g[l]i ^_ fiha[ `[m_bcmn‰lc][) chc]c[^[ ]ig mo[]lc[…„i)_g .61.) /+-- ) ]h[h i [ _nli l[mi Bch[ g_hn_) oh^[*m_)_g . ) [ igj[h %[]B$
_ mwaQf^[+j_f[wigj[hbc[ ^i R[f_ ^i Nci @i]_) _g .61/) _ j_f[ ?igj[* Oc _lŒlac][ L[ofcmn[&?imcj['+Ahnl_ [a‡h]c[m `ch[h]c[^il[m) l_8cf[^il[m _ PX#Wc)
hbE[ J[]f]7+h[f ^i =E][fcm_ ?igj[hbc[ B_lli _ =…i ^_ Rcn‰lc[)_g .610+ jli^onil[m i f_cnil _h]ihnl[) h_mn[Œfncg[fcmn[) _r_gjfim mojf_g_hn[l_m^_
L[l[f_f[g_hn_) _mnlonol[*m_ i m_nil\[h]‚lci ]ig [ ?[ln_cl[ ^_ Arjil* chn_lp_h…‹_m \_g*mo]_^c^[m&>J@A_ L_nli\l[m') [i f[^i ^_ chc]c[ncp[m ko_
nw…„i_ Egjiln[…„i ^i >[h]i ^i >l[mcf)_g .61.) _rj_ ch i i jlcg_cli pclc[g mig[l*m_[i ][n‚fiai ^_ j_lp_lm‹_m\oli]l‚nc][m &N_^_B_llipc‚lc[
^fj ilh[ mi l_ fc]_h…[m jl_RE[mj[l[ _rjiln[…„i*7*h ^_ .61/ i >[h]i ^[ B_^_l[f) OLARA='+L_fi f[^i ^im ]l†^cnim_ ^im ^†\cnim)^im mo]_mmim _ ^im
=g[tŠhc[ _ ^_ .610 [ ?igcmm„i ^_ Bch[h]c[g_hni ^[ Lli^o…„i) g_mgi `l[][mmim)j_l]_\_*m_ ^_ g[h_cl[ ch]ihnlip_lm[ [ _rnl[il^ch‚lc[ p_fi]c^[^_
[ g ko_ i Ehmncnoni ^i =…Œ][l_ ^i |f]iif) ]lc[^i h[ ^†][^[ [hn_lcil) ]ig ko_ C_nŒfciR[la[m)_g m_om ^icm_mn‚acim /
hi ji^_l &]_l][^_ pchn_[him)
_g w600) j[mm[[ [^gchcmnl[l i jl_…i ^i […Œ][l+ [jlircg[^[g_hn_') [mm_hnio[ _mnlonol[g[n_lc[ i Amn[i*J[…„i _g mi i
+ wm+p†mj_l[m ^i `cg ^[ O_aoh^[ Co_ll[ Ioh^c[f) _g .611) mola_ionl[ 3l[mf_fli+ oF_cni[im m_k•_mnlim ^_ alojim ^_ chn_l_mm_)m_g^Œpc^[)n[f]igi
gmnfnof…„i l_aof[n‰lc[)i ?ihm_fbi J[]cih[f ^_ Lifˆnc][ Eh^omnlc[f _ ?ig_l* [ fn_l[nol[j_lnch_hn_[mmch[f[) g[m jlijc]c[h^i [mijilnohc^[^_m j[l[ imf[h*
]c[f ko_) [i jlijil og Lf‚ff‹ Ni^ipc‚lci J[]cih[f) jlijc]cio [ ijilnohP^[* ]_m^_ ^_m_hpifpcg_hni ko_ m_m_aocl[g+
= _pifo…„i ^[ [ncpc^[^_ jli^oncp[ _ l_aof[n‰lc[_mn[n[f)^_ Fom]_fchi mcgofnƒh_i^_m^i\l[g_hni ^[mal[h^_m _gjl_m[m_g chŒg_l[mmo\mc^c‚lc[m _
Go\cnm]b_e[ _mn[^[n[) † \_g g[cm ]ihb_]c^[ _ ]ig_…[ [ m_l_mno^[^[ _g ionl[m `ilg[m ^_ j[lnc]cj[…„i+Km^icmko[^lim [ m_aoclmog[lc[g) i jlcg_c*
jli`oh^c^[^_+ h cgjiln[hn_ []_hno[l) ^_ ni^i gi^i) [faog[m n_h^‡h]c[mko_ li) [ nlˆjfc]_[ncpc^[^_^i Amn[^i)jil j_lˆi^i aip_lh[g_hn[f) _ i m_aoh^i) [
m_`ct_l[g jl_m_hn_mjimn_lcilg_hn_) ^ol[hn_ i aip_lhi Fi„i Ciof[ln) [`cl* chn_hmc^[^_ ^i jli]_mmi ^_ Z\YVSPO\KjiYNS`O\]SPSMKNK
hi _mn‚aciko_ n[f jli*
g[h^i*m_ ]ig `il…[[j‰m.631) _ ko_ ^c`_l_h]c[g ^_ `ilg[ ]f[l[ i _mn[ncmgi ]_mmi[f][h…[l[ _g .652) `cg ^i aip_lhi Fi„i Bcao_cl_^i _) ]ig _mn_) i j_*
w*jlcg_cli _ m_aoh^i aip_lhim R[la„m) _ _g j[ln_ i ^_ FG) ^i j[^l„i lˆi^i ^_ ^cm]lc]cih[lcmgi gcfcn[l+.<
chn_lp_h]cihcmn[o_ m_g[hcw_mn[him lhcfcn[lct[ impgn_ [him mo m_a•_hn_m +++
ihmc^_l[h^i i Amn[^•]igi [a_hn_ jli^oncpi ^cl_ni i\m_lp[*m_ko_) MQ=@NK -
_hnl_ .60- _ .612 jlcg_cli _) ^_jicm) _hnl_ .62. _ .631) [ _rj[hm„i ^i Agjl_m[m _mn[n[cm)
m_aoh^i [hi ^_ ]lc[…„i,]ihmncnoc…„ijil
m_nil jli^oncpi m_`[t j_fi []l†m]cgi ^_ _gjl_m[m hip[m) dolc^c][g_hn_ j_lˆi^im jl_mc^_h]c[cm)[n† i Œfncgi aip_lhi gcfcn[l
ch^_j_h^_hn_mog[m ^[mionl[m _) ]ig `l_k•‡h]c[) _g m_ag_hnimch^om* O_nil >[h]im Ahnc^[*
nlc[cm^cmnchnim+ O_)^ol[hn_ i jlcg_cli _ m_aoh^i aip_lhim R[la[m) i ^_ Ochj[m( Pin[f
Lli^oncpi K`c]c[cm ^_mPˆ*
Fom]_fchiGo\cnm]b_e _ i ^_ Fi„i Ciof[ln) n_mn_gohb[*m_j_lmcmn_hn_ _m* Amn[n[f B_^_l[cm jc][m ^_
`il…i ^_ chp_mncg_hnimc^_lŒlac]i* ?OJ) B_lli _ =…i^_ Rcn‰lc[) =]_mcn[)
Cip_lhi
?imcj[) Qmcgch[m)=…imBchim Lcl[nchc*) j_l]_\_*m_ n[g\†g ko_ n[cm
=hn_lcil [ 0.,.,13 .3 / 0. . 2-
_gjl_m[m m„i [onŠhig[m) og[m _g l_f[…„i •mionl[m) [mmcg]igi m„i [o*
B5 FŠhig[m [m]_hnl[cm_f†nlc][m* jil _r_gjfi) [ ?igj[hbc[ Dc^l_f†nlc][
@onl[ * 0.,.,13*0.,.,2. . * 1 * 2
C_nŒfci* 0.,.,2.*/1,5,21 2 0 / * .-
%*c`^i O„i Bl[h]cm]i &jlcg_cli aip_lhi R[la[m' _ Bolh[m &aip_lhi FG'+.3 ?[`† Bcfbi * /1,5,21*0.,.,23 1 * 0 * 4
= ^c`_l_h]c[…„i^[ [ncpc^[^__gjl_m[lc[f jl‰]_mm[*m_ w\†g g_^c[hn_ FG * 0.,.,23*0.,.,3. .- * .5 * /5
[ ]lc[…„i ^_ ohc^[^_mch^_j_h^_hn_m* |f][fcm) ^cp_lmim\[h]im ^_ `ig_h* Fƒhci * 0.,.,3.*/2,5,3. . * . * /
ni) L_nli\l[m) ?igj[hbc[ L_lh[g\o][h[ ^_ >ill[]b[+ F‚ ^ol[hn_ i ai*
p_lhi Ciof[ln) ni^[pc[) n_g chˆ]ci og m_aoh^i jli]_mmi _rj[hmcihcmn[) d * F[hai * 4,6,3.*0.,0,31
Cip_lhi Llipi * 1,1,31*.2,1,31
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]ihmc^_l‚p_f+J_hbog[ moljl_m[)jicm) _h]ihnl[l_g*m_ [ko_f_malojim ^_
)nl[ ]cl]ohmnƒh]c[ bEmn‰lc][ _mncgof[^il[ ^i [j[l_]cg_hni _ _rj[hm„iZ^[
chn_l_mm_ ]igjlig_nc^im ]ig [ g[n†lc[ ij_l[h^i _ ch`foch^i him \[mnc*
chc]c[ncp[aip_lh[g_hn[f+ Km]ihnlif_m ][g\c[cm chc]c[fg_hn_ domnc`c][*
^il_m+ Ag [faog[m ^_mm[m ‚l_[m) jil†g) m‰ g[cm n[l^_ † ko_ [m[a‡h]c[m
^im j_f[ jifˆnc][ gih_n‚lc[) jio]i ^_jicm ^i n†lgchi ^[ O_aoh^[ Cl[h^_
pclc[g [ m_nl[hm`ilg[l _g _mj‰fcijifˆnc]i [ m_lh_ai]c[^i) _r[olc^[m mo[m
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a_h_l[fct[^[ jl‚nc][ ^_ ].c_hn_fcmgi+
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Konl[ il^_g ^_ ]ihmc^_l[…‹_ml_`_l_*m_[i [jlip_cn[g_hni ^_ l_]ol*
Lifˆnc][ =^o[h_cl[) ]igjimni jil l_jl_m_hn[hn_m^[ \oli]l[]c[ _mn[n[f)
mimh[nol[cm _ _mnl[n†ac]im* jil _r_gj i) `ihn_m c l[o E][m)l_]olmim
^[m _hnc^[^_m]ihp_h]cih[cm ^[m ]f[mm_m jli^onil[m _ ^im mch^c][nim^_
gch_l[cm _ _h_la†nc]im*&`_lli) j_nl‰f_i'+ =i f[^i ^_ l[t‹_m ^_ h[nol_t[
))4)4)))))454)5))))))))))*** nl[\[fb[^il_m) nl[hm`ilg[*m_ _g g[cm og[ [a‡h]c[ _rn_hm[g_hn_ l_ao*
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f[n‰lc[)i\d_ni ^[ jimn_lcil momj_cn[^_ ko_ n_hb[ mc^i pofh_l‚p_f [ ^_m*
jil C_lm] _h lih _ ko_ m_`[t_g j[n_hn_mh[ jligofa[…„i ^im ?‰ caim
pcim^_ ]illoj…„i+
^_ |ao[m _ ^_ Ich[m) \_g ]igi h[ ]lc[…„i ^_ _gjl_m[m ]igi [ L_nli\l[m
K l_]ihb_]cg_hni ^_ ko_ [ _rj[hm„i _]ihŠgc][ \l[mcf_cl[ m_jli]_m*
_ [ [no[fg_hn_ jlcp[nct[^[ ?igj[hbc[ Oc^_lŒlac][J[]cih[f+ Pl[n[p[*m_)
m[p[ ^_m_kocfc\l[^[g_hn_) [g_[…[h^i [ ]ihnchoc^[^_ ^i jlial_mmi j_f[
[i g_mgi n_gji) ^_ !h[]cih[fct[l! im l_]olmim h[nol[cm ^i j[ˆm _ jli*
pc[ ^i _mnl[haof[g_hni ^_ m_nil_mch^cmj_hm‚p_cm • ][^_c[ jli^oncp[) ]ih*
gip_l [ cgjf[hn[…„i ^_ m_nil_mch^cmj_hm‚p_cm • ]ihmncnoc…„i ^_ og[ _]i*
^otco [ hipi ncji ^_ chn_lp_h…„i_mn[n[f7i ^[ ]lc[…„i ^_ ch]_hncpimj[l[
higc[ ch^omnlc[fgi^_lh[+ K `ilg[ni _mn[n[f^_ jli^o…„i ^_ […i_ j_nl‰f_i
cgjf[hn[…„i _ ^_m_hpifpcg_hni ^_ m_f_nim m_ag_hnim^i mcmn_g[_]ihŠ*
^_]ill_o) jil og f[^i) ^[ ch_rcmn‡h]c[^_ og _gjl_m[lc[^i h[]cih[f ][*
gc]i+ = ]lc[…„i ^_ alojim _r_]oncpim^ol[hn_ i j_lˆi^i Go\cnm]b_e)_h*
j[t ^_ [mmogclim lcm]im_ i pofni ^i _gjl__h^cg_hni &][mi^i […i' _)
][ll_a[^im ^_ [^gchcmnl[l jlcpcf†acim]ih]_^c^im _ gihcnil[l l_mofn[^im
jil ionli) ^[ ^_]cm„i jifˆnc]i*gcfcn[l ^_ _pcn[l [ ]igj_nc…„i ]ig im
[f][h…[^im) chmnlog_hn[fctio ila[hct[]cih[fg_hn_ [ chn_h…„i^_ l_]oj_*
ifcaij‰fcim chn_lh[]cih[cm &][mi^i j_nl‰f_i'+.6
l[l i [nl[mi ^_ ^cp_lmimm_nil_m^[ _]ihigc[+
= n_l]_cl[ fchb[ ^_ ^_n_lgch[…‹_mn_g jil ilca_g [ \_g _mn[\_f_]c^[
Lil `cg) [ g_n[ ^_ ]illcacl ^_m_kocfˆ\lcimh„i g[cm _hnl_ m_nil_m)g[m
nl[^c…[i g_l][hncf*jlin_?EKhEmn[\l[OEf_El[)hƒi i\mn[hn_ [ l_n‰lc][lc][l*
l_ac‹_m)^_`ch_ [ *3fncg[g[nlct _ gincp[…‹_mj[l[ [ chn_lp_h…„i_mn[n[f
^c[h[ ^[mp[hn[a_hm ]igj[l[ncp[m im `ilgof[^il_m ^_ jifˆnc][m+h [%_f[
hwl[mcf+ h jil ]ihn[ ^_ ^cgchocl [m^cmj[lc^[^_ml_acih[cm)jil og f[^i)
ko_ m_^_p_g [ml_aof[…‹_m^_ _g_la‡h]c[) g[m ^_ _`_cnim^ol[^iolim+
_ ^_ i\n_l g[cil l[]cih[fc^[^_ h[ [fi][…„i ^im l_]olmim^[ _]ihigc[) jil
?igi _r_gjfim nˆjc]im_ [hncaim^_mm[`ilg[ ^_ chn_lp_h…„iaip_lh[g_h*
ionli) ko_ m_]lc[g chc]c[fg_hn_ [ jcih_cl[ Ow_ _! h[ m_w•‡h]c[)n+i^Z[m
n[f ^_p_*m_g_h]cih[l [ f_c^i mcgcf[l h[]cih[f) ^_ .605) ]odi `cg _l[ [
[mmoj_lchn_h^‡h]c[ml_acih[cm) ko_ m_[]l_m]_hn[g [m[hnEa[m?igEmm[i
l_m_lp[ ^_ g_l][^i j[l[ i ][jcn[f h[ncpi) _ [ f_c^im +(,%^_ .60-) j[l[ W
^i R[f_ ^i O„i Bl[h]cm]i _ OLARA=+K `onoli gimnl[lc[ ko_ _mn_m_ag_h*
a[l[hnc[ ^_ _gjl_ai • `il…[ ^_ nl[\[fbi h[]cih[f+ = _rn_hm„i ^[ [ncpc^[*
ni ^i Amn[^i mo]og\clc[ • jifˆnc][ ^_ ^cmnlc\oc…„i ^_ _mj‰fcim) j_l^_h^i
l[]cih[fc^[^_ _]ihŠgc][ _ [^koclch^i p[fil hi g_l][^i ^_ jifˆnc][m
^cmnlc\oncp[m) cmni†) [ko_f[m ko_ ]f‚mmc][_ ]lcnc][g_hn_ m„i ^_higch[^[m
jifˆnc][m ]fc_hn_fˆmnc][m+=/- ch^cm]onˆp_f^_n_lcil[…„i hi nl[ni ^[ ]icm[ []l†m]cgi him al[om ^_ fc\_l^[^_ h[mh_ai]c[…‹_mchn_lh[]cih[cm *) ^i
jŒ\fc][ ^_m]i\_ln[ h_mn[m ila[hct[…‹_m p_ci [ ^[l ]l_^c\cfc^[^_ • mojimc* ko_ ^_ m_omo]_mmiij_l[]cih[f ^_ ]olni jl[ti+ Llipi][*m_) [mmcg)cg*
…„i^_ ko_ ni^i i Amn[^i \l[mcf_cli ij_l[p[ m_aoh^i [mg_mg[m ]ihnw[* jiln[hn_ `l[nol[ _hnl_ i h[m]cg_hni !jifˆnc]i! _ [ mi\l_pcp‡h]c[ !_]i*
p_h…‹_m+ hŠgc][! ^[ ila[hct[…„i+
K mig[n‰lci ^_ ni^[m _mm[m gincp[…‹_mgif^io i Amn[^i \l[mcf_cli) + = \om][ jil mo]_mmigc]li_]ihŠgc]i _ ^_ ]olni jl[ti) ni^[pc[) jli*
ko_ l_aofio io n_hnio `[t‡*Ei) jli^onim) l_]olmim) m_nil_m_]ihŠgc]im) ^otco im ch_mj_l[^im l_mofn[^im^_ ko_ h„i [j_h[m m_jli]ol[mm_ a[l[hncl
_mn[^im_ l_ac‹_m8[ jli^o…„i _ i ]ihmogi8 i jl_…i ^[m g[n†lc[m*jlcg[m) [ mi\l_pcp‡h]c[ ^[ ila[hct[…„i) g[m i ^_ ko_) [^_g[cm) PSMK`KOVKYL\SQK&
^i ][jcn[f _ ^i nl[\[fbi) nilh[h^i [ [lkocn_nol[ mi]c[f \l[mcf_cl[ ^_fc][^[ NKKObZKXNS\&]O OKZ\YVSPO\K\ZK\K]YL\O`S`O\' @[^i i ]ihn_rni chmncno]cih[f
_ ]igjf_r[+ J[^[ ch^c][ m_lcgjimmˆp_f _h]ihnl[l og[ f‰ac][][j[t ^_ \l[mcf_cli) ^_ ko_ m_`[f[l‚ [ m_aocl)h„i b[pc[ [fn_lh[ncp[ j[l[ [ mi\l_pc*
_^otcl [ gofncjfc]c^[^_ ^_ gincpim ^[m^cp_lm[mgi^[fc^[^_m ^_ chn_lp_h* p‡h]c[ ^_ ko[fko_l _gjl_m[ jŒ\fc][ m_h„i jil pc[ ^_ _rj[hm„i _ jlifc`_*
…„i_mn[n[f[ og gi^_fi [h[fˆnc]i ]ihmcmn_hn_) [fai ko_ h„i m_jl_n_h^_ l[…„i) h[ g_^c^[ _g ko_ [ a[l[hnc[ ^_ mo[ mi\l_pcp‡h]c[ `imm_og
l_[fct[l [koc+@_ionli ƒhaofi) ]ihp†g n_l jl_m_hn_ko_ im ^_n_lgch[hn_m mo\jli^oni ^_ m_o^_m_gj_hbi _]ihŠgc]i ]^\SM^_]OX]_'
^[ SX^O\`OXjiY ^i Amn[^i h„i m„i h_]_mm[lc[g_hn_im g_mgim ko_ _rjfc* =m_gjl_m[m _mn[n[cm \l[mcf_cl[mm_gjl_ ij_l[l[g _g ]ihn_rni ][*
][g [ ObZKX]iY ^[ [ncpc^[^_ _mn[n[f)[fc ih^_ _f[ d‚ m_chc]cio * _) cmni l[]n_lct[^i j_f[ jl_m_h…[^_ gi^_l[^[m) jil†g n_h^_hn_m[ _f_p[^[m)
mcg)† n‰jc]i [\il^[^i [ m_aocl+ n[r[m ^_ ch`f[…„i _ j_f[ ch_rcmn‡h]c[^_ og ][cr[ Œhc]i mo`c]c_hn_g_h*
= _rj[hm„i ^[ [ncpc^[^_ _mn[n[f)gipc^[ `oh^[g_hn[fg_hn_ jil l[* n_ `f_rˆp_f j[l[ l_^cmnlc\ocl im l_]olmim ^cmjihˆp_cmj_f[m ohc^[^_m ^i
t‹_m ^_ ]ihdohnol[) n_lgchio jil mom]cn[l[ ]i\l[h…[ ^_ _`c]c‡h]c[ _ ^_ mcmn_g[_mn[n[f^_ jli^o…„i+ Amn_m _l[g `[nil_m chmncno]cih[cm pca_hn_m
jli^oncpc^[^_+ Llin_ac^[m ]ihnl[ im [t[l_m ^i g_l][^i) [m_gjl_m[m _m* ^_m^_fiha[ ^[n[+ = n_hn[ncp[^_ g[rcgct[l fo]lim ij_l[]cih[cm) _g ]ih*
n[n[cmpcl[g*m_ [fpi j_lg[h_hn_ ^_ ]lˆnc][m ko[hni • _`c]c‡h]c[ ^_ m_o m_k•‡h]c[) ko[h^i \_g*mo]_^c^[) ]ifi][p[ [ _gjl_m[ ^c[hn_ ^[ [fn_l*
^_m_gj_hbi) g_^c^[ _mn[j_fi j[^l„i ]ihp_h]cih[f ^_ fo]lim ij_* h[ncp[ ^_ _hn_miol[l l_]olmim `ch[h]_clim _g _r]_mmi * [llcm][h^i*m_
l[]cih[cm+ Qg[ p_t ]lc[^[ [ _gjl_m[ jŒ\fc][) j[lnc]of[lg_hn_ [ _gjl_m[ jil [ˆ • ]lˆnc][ ^_ ch_`c]c‡h]c[) d‚ ko_ im ^_cr[lc[ pofh_l‚p_cm j _lim„i
jli^onil[ ^_ \_hm _ m_lpc…im) _mg[_]_g [ml[t‹_m ilcach[cm j[l[ [ mo[ ch`f[]cih‚lc[ * io ^cp_lmc`c][l chp_mncg_hnim)\om][h^i im m_nil_m^_
]lc[…„i * l[t‹_m) ]igi m_^_m]l_p_o) ^_ h[nol_t[ g[cm !jifˆnc][! ko_ [fn[ l_hn[\cfc^[^_) n[f ]igi ko[fko_l _gjl_m[ jlcp[^[ _mn‚i\lca[^[ [
^_ !g_l][^i! * _ ^_`f[al[*m_ og[ jl_mm„i jil ^_m_gj_hbi ^_ []il^i `[t_l+ Al[ [ f‰ac][ _]ihŠgc][ ^_ ]olni jl[ti ko_) m_h^i og ^im
]ig [m l_al[m a_l[cm ^i mcmn_g[_]ihŠgc]i) cmni†) [ g[rcgct[…„i ^i j[lƒg_nlim `oh^[g_hn[cm ^_ [p[fc[…„i ^i ^_m_gj_hbi ^[ _gjl_m[
fo]li+ = mi\l_pcp‡h]c[ ila[hct[]cih[f ^_ og[ _gjl_m[ ^i Amn[^i ^_j_h* jŒ\fc][) cgj_fco [faog[m ^_f[m)mi\l_no^i [mg[cm _`c]c_hn_m)• _rj[h*
^_) _g ]ihm_k•‡h]c[) g_him ^_ og[ [p[fc[…„i ^_ g†^ci _ fihai jl[cim) m„i _ jlifc`_l[…„i+
_ ]ih`ilg_ [ml[t‹_m ko_ cgjom_l[g mo[ ]lc[…„i * jil _r_gjfi) g[* = ^chƒgc][ ^[m\oli]l[]c[m ]ihmncnocionl[ `ihn_ h[nol[f ^_ ]l_m]cg_hni
hon_h…„i ^[ mi\_l[hc[ chn_lh[ mi\l_ l_]olmim h[nol[cm _mnl[n†ac]imio _ gofncjfc][…„i _mn[n[f+ h ]ihb_]c^i i [rcig[ ^_ ko_ [m\oli]l[]c[m n_h*
^_g [ ^ol[l _) g[cm ^i ko_ cmmi)[ _rj[h^cl*m_+O_)]ih`ilg_ [ _mj_]of[*
/yOcg fc`c][^[g_hn_ ifˆnc][m^cmnlc\oncp[m) ^cm]l_n[m* jil _r_gjfi) ]ihmnlo…„i^_ og jimni …„i _ io ga) [p_lc[ og jlch]ˆjci _rnlˆhm_]i _ og jlch]ˆjci chnlˆhm_]i
^_ m[Œ^_)io _m]if[) chmn[f[…„i^_ c ognh[…„i jo E][ _n]+*) [jlip[^[m jil ][^[ j[lf[g_hn[l •mila[hct[…‹_m fcgcn[h^i m_o]l_m]cg_hni) [ _mncg[ncp[^_ Dchnt_) [i
h„i cgj_^_g ko_ ionlim n[g\†g m_oncfct_g ^_f[m+Pi^im a[hb[g+ Lifˆnc][ml_^cmnlc\oncp[m)
_hnl_n[hni) cgjfc][g [ l_ncl[^[ ^_ [faog m_ag_hni ^_ l_h^[ ^_ [faohm alojim _g \_h_`ˆ?c‹^_ ?ihnl‚lci) him[mm_aol[ko_ imfcgcn_m ^_ _rj[hm„i ila[hct[]cih[f m„i^[^im
ionlim+ Lil jifˆnc][m ]fc_hn_fcmn[m
_hn_h^_*m_)mi\l_no^i) i jlcg_cli ncji+ [j_h[m j_f[ ][j[]c^[^_ ^_ [^gchcmnl[l _ ]ihnlif[l im !_mj[…im![^koclc*
^im j_f[ \oli]l[]c[ _g _rj[hm„i+/. O_h^i [ ][j[]c^[^_ ^_ [^gchcmnl[…„i b‚) h_]_mm[lc[g_hn_+= jl‰jlc[ f‰ac][^[m]cl]ohmnƒh]c[m)m_h„i † ]ihp_*
_ ]ihnlif_ ^_lcp[^[ ^_ [j_l`_c…i[g_hnim h[ _mnlonol[ ila[hct[]cih[f hc_hn_g_hn_[fn_l[^[ _g mo[ch]fch[…„i)ch^ot i ]l_m]cg_hni _ _mj_]c[fc*
&l__ha_hb[lc[') h„i b[p_lc[) _g jlch]ˆjci) fcgcn_m h[nol[cmjl_pcmˆp_cm j[l[ t[…„i ^[m _mnlonol[m\oli]l‚nc][m) n[hni jli^oncp[m ko[hni l_aof[^il[m _
[ _rj[hm„i ^i jli]_mmi \oli]l‚nc]i) WO]WYOWPKMO NKNSWSX_SjiYNY hilg[ncp[m+ Bic i ko_ i]ill_o hi >l[mcf+O_d[jil l[t‹_m ^_ h[nol_t[ _]i*
XpWO\YNOL_\YM\K^K]'K ]l_m]cg_hni ^[ \oli]l[]c[) jiln[hni) h„i m_lc[ hŠgc][ io jil cgjimc…‹_m^[ ^chƒgc][ ila[hct[]cih[f) i [j[l_fbi ^_
og l_mofn[^i [onig‚nc]i ^i _rj[hmcihcmgi _mn[n[f)ji^_h^i l_jl_m_hn[l Amn[^i\l[mcf_cli) jifcnc][g_hn_ ]ihmnloˆ^i) _rj[h^co*m_ _ ^cp_lmc`c]io*m_)
`iln_ ch^c][…„i ^_ jl‚nc][m ]fc_hn_fˆmnc][m+ jligip_h^i [ jlcg_cli jf[hi i jli\f_g[ ^_ mo[[^gchcmnl[…„i)l_`ilg[
Kmjli]_mmimch^onil_m^[ _rj[hm„i \oli]l‚nc][ d‚ `il[g [\oh^[hn_* _ ]ihnlif_+ ?[\_) n[g\†g) pcac‚*Ei_g mo[mn_h^‡h]c[m]_hnl[fct[^il[m _
g_hn_ chp_mnca[^imj_fw fcn_l[nol[ _mj_]c[fct[^[+ =mmogch^i [ jl_gcmm[ j[nifiac[m f[n_hn_m+ Pig[*m_ jil [mm_hn[^i)jil _r_gjfi) ko_ ]_ln[ nl[^c*
g[rcgct[hn_ [h‚fia[ [i ^i ;YWY OMYXYWSM_]% jil _r_gjfi) Jcme[h_h …„i^_ jl‚nc][ jifˆnc][) [ ko_ m_^_higch[ ^_ ]fc_hn_fcmgi)]ihmncnoclc[og[
]ih]foc ko_ i ]l_m]cg_hni \oli]l‚nc]i ^_]ill_ ^i g_mgi cgjofmi g[rc* ^[mjlch]cj[cm _h`_lgc^[^_m ^im Amn[^im_g j[ˆm_m[ \l[…im ]ig jli\f_*
gct[hn_) m_d[[ g[rcgct[…„i ^_ Y_^Z_^ &^imm_lpc…im io jli^onim i`_l_]c* g[m ^_ gi^_lhct[…„i _ ^_m_hpifpcg_hni+ J_mm_mj[ˆm_m)[ l_]ihb_]c^[
^im') m_d[[ g[rcgct[…„i ^i il…[g_hni jimni • ^cmjimc…„i ^[ \oli]l[]c[+.. ch_`c]c‡h]c[^i Amn[^i m_lc[]ihm_k•‡h]c[ ^[ g[h_cl[ _koˆpi][ ]ig ko_
F‚ og[ p_lm„i bi\\_mc[h[) io g[koc[p_fc[h[) ^[lc[ ]igi cgjofmi `oh^[* m„i jl__h]bc^im im jimnim aip_lh[g_hn[cm) [ m[\_l) jil ch^c][…„i ^_ ji*
g_hn[f i []Œgofi ^_ ji^_l+ Ag ko[fko_l ][mi) _ _g\onc^[ h[m _rjfc][* fˆnc]imch`fo_hn_m) ch^_j_h^_hn_g_hn_ ^[ ][j[]c^[^_ ^im ch^c][^im j[l[ i
…‹_m moa_lc^[m)_h]ihnl[*m_ og[ l[t„i ^_ m_aol[h…[)cmni†) [ n_hn[ncp[^_ ^_m_gj_hbi ^[m `oh…‹_mko_ fb_mm_l„i [nlc\oˆ^[m+Lil _mn[l[t„i) [m\o*
li]l[]c[m ^_mm_m j[ˆm_mm_[jl_m_hn[g) [^_g[cm ^_ ]illojn[m) ]igi m_`im*
l_^otcl im al[om ^_ ch]_ln_t[ jlip_hc_hn_m ^i g_ci [g\c_hn_) i ko[f †
m_g gipc^[m jil j_lg[h_hn_ jli]_mmi ^_ gofncjfc][…„i _h^‰a_h[+
^_`chc^i ]igi i K_&NOVf ^im fcgcn_m^[ ila[hct[…„i+ O_gjl_ ko_ [faog
?l_m]_g ^_mh_]_mm[lc[g_hn_)jli^otch^i og [f_cd„i _g foa[l ^_ og Am*
hipi m_ag_hni ][c mi\ m_o]ihnlif_) l_^ot*m_[ `[cr[ ^_ ch]_ln_t[ ko[hni •
n[^i gi^_lhi+ P[f ^c[ah‰mnc]in_g mc^i[jfc][^i [i ][mi \l[mcf_cli) ]od[
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_ [mj_mmi[mko_) `oh^[^[m h[ _rj_]n[ncp[ ]igohcn‚lc[) []l_^cn[p[g h[ …‹_m7 [ Bl[h…[j[mmio ^_ og gi`chi _f_cnil[^i ^_ .. gcfb‹_m) _g .6/-)
q_\_lc[h[ jimmc\cfc^[^_ i\d_ncp[ ^_ m_mi\l_jil_g • f‰ac][g_l][hncf _ j[l[ 04 gcfb‹_m) _g .66-) [ Ehaf[n_ll[) ^_ /. j[l[ 10 gcfb‹_m) him g_m*
_rjofm[l i g_l][^i ^[mpˆm]_l[mmi]c[cm+ @_o*m_i ]ihnl‚lci+ =mnl[g[m ^_ gim [him ^_ l_`_l‡h]c[) _ imAmn[^imQhc^im)[ch^wg[cm _mj_n[]of[lg_hn_)
mifc^[lc_^[^_ `il[g ]ih`ch[^[m • j_lc`_lc[ ^[m nli][m g_l][hncm+Oi\l_pc* ^_ [w_ /2 gcfb‹_m) _g .6.-) j[l[ .6- gcfb‹_m) _g .66-+
p_g) jil ]_lni) ]igi _RE‡h?f[ ^_ ko_ [ il _g _mn[A__?E [ h„i † h[no* ?_ln[g_hn_)X[ n[r[ ^_ ]l_m]cg_hni h„i _mn[p[[]ijf[^[ _r]fomcp[g_hn_
l[f) ]igi ji^_g m‡*Ei[m j‡l[m _ i jil]i*_mjchbi) g[m l_mofn[^i ^_ [i pini ^[mgofb_l_m+= ][^[ ko_^[ ^_ og[ ^[m\[ll_cl[m • j[lnc]cj[…„i)
chŒg_lim`[nil_m ][om[cm)_ [jic[^[ _g [lkocn_nol[ dolˆ^c][ ^_ _rnl[il^c* _hnl_ _f[m[ ^i l_kocmcni^_ l_h^[) i n[g[hbi ^i _f_cnil[^i ^[p[ m[fnim
h‚lc[ _`c]‚]c[ j_lmo[m‰lc[+ J_mn_m_hnc^i)i ohcp_lm[f)ko_ † i jŒ\fc]i chm* cgjl_mmcih[hn_m+ = Ehaf[n_ll[ &N_chiQhc^i) g[cm jl_]cm[g_hn_') g[^lc*
n9+
hb[ ^[ c^[^_ ^[ jifˆnc][ l_jl_m_hn[ncp[)][ll_a[p[ og _f_cnil[^i ^_ 5+/.+

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523 j_mmi[m)^icm[him [hn_m^i O_aoh^i Cl[h^_ =ni ^[ N_`ilg[ &f5++x+4')
i ko[f l_^otco) m_g _rnchaocl) i l_kocmcni^_ l_h^[ j[l[ [ ]ih]_mm„i ai* K cgj[]ni ^[ jlij[a[…„i ch`f[]cih‚lc[ ^im _f_cnil[^iw +h[]cih[cmmi*
p_lh[g_hn[f ^i ^cl_cni ^_ pini+ Ag .535) og [hi ^_jicm ^[ l_`ilg[) i _rj[hm„i l_f[ncp[ ^im `oh]cih‚lcim jŒ\fc]im) [ [^gEnEl ko_ _mn[m_
\ l_ [ + T A
mig[n‰lci ^_ ni^im impin[hn_m[f][h…[p[ [ `caol[ ^_ /+000+/2. _f_cnil_m+ _g j[ln_ •ko_f[) h„i `ic h[^[ ^_mjl_tˆp_f _g j_lmj_]ncp[ _ [la[
^ _p_) ) b \% + A
Konli m[fni_hilg_ i]ill_ ko[h^i) [i `cg ^[ Llcg_cl[ Cl[h^_ Co_ll[) i %n%c[+= ]ig_…[l j_fi n[g[hbi ^[ jijof[…„i ko_ [ En[i mgao [l
b EO [] ( T# A# *
w_kocmcni ^_ l_h^[ `‹c ?KgNf_n[g_h _ [ i - i) _g .6.6+ L[l[ im big_hm+ %ohcp_lmi ^i m_niljŒ\fc]i) _g mo[[^c…„igoh^E[f7 m_aoh i [ o wEg[_mnc*
Kl_mofn[^i [j[l_]_ h[ ]igj[l[…„i _hnl_im .-+453+5.5 _f_cnil_m)^_ .6.5) g[ncp[ ^[ Kla[hct[…„i Ehn_lh[]cih[f ^i Pl[\[fbi &KEP')jo\b][^[ _g
_ im .1+06/+/0- ]igjon[^im h[m_f_c…‹_m a_l[cm^_ .6//+ Bch[fg_hn_) ]ig .666 d‚ mig[g g[cO _ 12- gc i_m [m _mmi[m [ˆ ^cl_n[g_hn_ _wwl_aZ[*
[ _g[h]cj[…„i _f_cnil[f `_gchch[) ko_ i]ill_ _g .6/1) ]ig pca‡h]c[ [
^ d* . JŒg_li ^_ n[f g[ahcno^_ l[nc`c][ [ bcj‰n_m_ ^_ ko_ [ j[lnE?Ej[…[i
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j[lncl ^[ _f_c…„im_aochn_)i _f_cnil[^i \lcnƒhc]i ]l_m]_ ^_ .3+31-+/46) ^i _gjl_a[^i jŒ\fc]i h[ jijof[…„i nin[f ^im j[ˆm_m)_ mi\lwno i h+[]ig*
_g .6/1) j[l[ //+315+042) h[m _f_c…‹_m ^_ .6/6+ A _mn_`ic og nl[d_ni jimc…„i^[ j[l]_f[ l_f[ncp[ • jijof[…„i _]ihigc][g_hn_ 7nEp[)n_lE[]l+_m*
nˆjc]i ^i ko_ i]ill_lc[ _g ni^im im j[ˆm_m+=. ][ll_cl[ jifˆnc][ m_lc[][j* ]c^i )m_hmcp_fg_hn_ h_mm_ chn_lp[fi n_gjil[f &g_[^im ^i m_]ofi TT*bKF_'+
nol[^[ j_fi lcngi pifcncpi _ [ chkoc_no^_ijch[ncp[ ^[m g[mm[m+ A)]ig _`_cni)i `oh]cih[fcmgi [f_g„i ]ill_mjih^c[) _g .6/-) [ 1)1-,w^[
I_n[^i j_f[ cfom„i^_ jlial_mmcp[ _f[mnc]c^[^_^[m^cmnƒh]c[m) ko[h^i jijof[…„i nin[f _ [ %5!72# ^[ `il…[ ^_ nl[\[fbi) n_h^i j[mm[^i) l_mj_]ncp[*
im\ch‰]ofimm„i om[^im[i ]ihnl‚lci) i m†]ofi TT [j[l_]_) ^i g_ci j[l[ g_hn_) [2)1 _ .0#) _g .642) [f][h…[h^i jl[nc][g_hn_ _g .664 +- =

i `cg) ][^[ p_t g[cm fihaˆhkoi ^_ m_ojl‰jlci chˆ]ci+J[^[ cfom‰lc[) ]ih* ^i nin[f ^i _gjl_ai+ J[ Bl[h…[)[ _pifo…„i m_aoco[ g_mg[ n_h^_h]E[)
no^i) [ cgjilnƒh]c[ ^_mn[j_l]_j…„i+ Pl[n[*m_^_ j_]ofc[l _`_cni bcmn‰lc]i [wg_hn[h^i [ j[lnc]cj[…„i ^[ \oli]l[]c[ ^_ 1# ^[ `il…[ ^_ nl[\[fbi) _g
^_ []il^i ]ig i ko[f • g_^c^[ ko_ i n_gji ]ill_) ^_jicm pi[) [fiha[*m_ .6/-) j[l[ .0-,-) _g .642+ A [mmcgh[ En‚fc[)Jilo_a[ _ Oo†]c[+J_mn[) i
i bc[ni _hnl_ gig_hnim ko_) hi j[mm[^i) cmni†) hi jl_m_hn_^_f_m)j[l_*
]c[g n_gjil[fg_hn_ ]ihnˆaoim+= ch_main‚p_fgofncjfc][…„i ^_ ]ihm_k•‡h*
]c[mch_mj_l[^[mp[c ^_hoh]c[h^i [kocfi ko_) [him io n[fp_t ^†][^[m [nl‚m)
jof[…„i _]ihigc][g_hn_
?igjlip[^i
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j_f[ bcmn‰lc[)† i m_nil^_ m_lpc…im
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_m][h^[fimim io ]ifoh‚p_cm) g[m) ^_ `[ni) ch]ihm_k•_hn_m+=]ihn_]cg_h* g_hni ^[ `il…[ ^_ nl[\[fbi ko_ pco moj_lf[ncp[g_hn_ [og_hn[^[ mo[w[l*
nim^_mm[h[nol_t[ l_]o[g [ p_fi]c^[^_ moj_lcil • ^[ko_f_m ko_) jil ch* nc]cj[…„ihi _gjl_ai nin[f) _g ni^im imj[ˆm_m)hi j_lˆi^i ]igjl__h^E^i
n_lg†^ci ^[ ][^_c[ ^_ _p_hnimko_ im g[hn†g ]igi ko_ [fa_g[^im [i _hnl_ .6/- _ .64-7 h[ =f_g[hb[) i hŒg_li ^_ j_mmi[m_gjl_a[^[m hi
]ihn_gjilƒh_i) ]omn[g [ m_^_mp_h]cfb[l ^im `cimko_ im fca[g [i jl_* m_nil[og_hnio ^_ /4)3# j[l[ 10)3#) h[ Bl[h…[)^_ /6# j[l[ 2-#) h[
m_hn__ [i jl‰rcgi jl_m_hn_ [n† ko_) `ch[fg_hn_) m_^cmmifp[g h[ n_g* Jilo_a[) ^_ 0-# j[l[ 2. # _) h[ Oo†]c[) ^_ /4)2# j[l[ ionlim 2. #+^i
jil[fc^[^_ ch^cmnchn[ ^i j[mm[^i bcmnilcial‚`c]i+ S_\_l) _ im [hncko‚lcim nin[f ^i _gjl_ai+ Lil _mn_mj[l]im) g[m mo`c]c_hn_mhŒg_lim)^_p_*m_[w_En[l
q_\_lc[him) _mn„ijil [ˆ _haif`[^im j_fi ncji*c^_[f ^i ][jcn[fcmgi ko_ [ n_m_^_ ko_ m_lc[\[mn[hn__mnl[hbi m_)hi >l[mcf)i ko[^li ^i `oh?cKh[*
pclio g[n†lc[) [p[f[h]b_ ]ilj‰l_[) _hko[hni i [hncai ncji*c^_[f m_nilh[ fcmgi jŒ\fc]i biop_mm_j_lg[h_]c^i _mn[ah[^i ^_m^_[ ^†][^[ ^_ 0w)
][^[ p_t g[cm [hncai) m_h„i [hncko[^i+ L_f[mg_mg[m) _ [ch^[ [^c]cih[cm) ko[h^i m_jli^otco [ jlcg_cl[ al[h^_ l_`ilg[ ^i gi^_lhi Amn[^i\l[OE*
l[t‹_m) i goh^i \oli]l‚nc]i) bid_) n[g\†nh † iQnli+ * f_cli * h[ p_l^[^_) i chˆ]ci ^_ mo[ ]ihmnlo…„i)]ig j_fi g_him og io

nj[l[ [ _pifo…„i ^i _f_cnil[^i chaf‡m)p_l ?ifch N[ffcham$ Ic]b[_f Pbl[mb_l &_^m+')


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Ehn_lh[ncih[f H[\iol K``f]_) C_h_\l[) .666+
^icmm†]ofim^_ [nl[mi _g l_f[…„i [im Amn[^imQhc^im _ j Ehaf[n_ll[+ I[m …„i^_ jifˆnc][m ]fc_hn_fcmn[m_) jil ]_lni) [ bcmn‰lc[ \l[mcf_cl[ i`_l_]_ gŒf*
m_g_fb[hn_j_]ofc[lc^[^_ h„i [j[l_]_o ch_mj_l[^[g_hn_ [koc) ]igi ]ih* ncjfim_r_gjfim ^_ mo[pcn[fc^[^_+Ah`[ncti ko_ im _r_gjfim j_ln_h]_g •
m_k•‡h]c[ ^_ [fai ko_ _mncp_mm_ b‚ gocni min_ll[^i _ ^ilg_hn_) g[m ^_ bcmn‰lc[ l_]_hn_) jicm _mn[† og[ l_f[…„i ^_ nli][ _mm_h]c[fg_hn_^cmnchn[
_`c]‚]c[ ][om[f chn[]n[+ ^i ko_ i]illc[ [hn_m^[ a_h_l[fct[…„i ^i ][jcn[fcmgi _ ^[ ohcp_lm[fct[…„i^i
Acmog[ ^[m l[t‹_m l_f_p[hn_mj[l[ ko_ i jli]_mmi ^_ \oli]l[nct[…„i pini) _mn‚acibid_ jl_n†lcni) g[m ko_ ]igjlig_n_o S_\_l _ im[hncko‚lcim
n_hb[ mc^i)hi >l[mcf)^i ncji cgcn[ncpi) _mno^[^i jil C[\lc_f P[l^_+ Ah* jimn_lcil_m ]ig i _r_l]ˆ]ci higch[fcmn[ ^_ ^c]cih[lct[l ^cmnch…‹_m) [][*
nl_ og j_lˆi^i [onilcn‚lci &.604*.612' _ ionli &.631*.652' l_[fct[l[g* ^_gc][g_hn_ _r]cn[hn_m)_g\il[ ][om[fg_hn_ `Œn_cm) _hnl_ j[nlc[l][fcmgi)
m_]ch]i _f_c…‹_m _)jil _mnˆgofi^_mn[m) gi\cfctio*m_ [ jijof[…„i+ Km[t[l_m j[nlcgihc[fcmgi _ mo[ `cfc[fhig_h]f[nol[ * jl_\_h^[lcmgi) ][lnilc[*
^[ ]ihmnlo…„i^i Amn[^ih[]cih[f _h]ihnl[p[g*m_ [mmi]c[^im[im []c^_h* fcmgi) ]l_^_h]c[fcmgi) ]fc_hn_fcmgi)j[n_lh[fcmgi) g[h^ihcmgi) ]ili*
n_m^[ pc^[ jifˆnc][ ]igj_ncncp[) ^_ mo[mchmncnoc…‹_m _ _rca‡h]c[m+Qg[ ^[m h_fcmgi) fi][fcmgi *) ni^[m [m]f[mmc`c][…‹_m _mj_]ˆ`c][m]igi^[g_hn_
_rca‡h]c[ml_`_l_*m_• h_]_mmc^[^_^_ ko_ im jifˆnc]im jli`cmmcih[cm)[ko_* []ifbc^[m j_fi [hncai _ _m]if‚mnc]i a_h†lc]i !p_l\[fcmgi!+ = ko_mn„i
f_mko_ _m]ifb_g i ^_m[`ci _f_cnil[f ]igi ][ll_cl[) m_mo\g_n[g l_aof[l* [aŠhc][) _rnl[fcha•ˆmnc][) j_lg[h_]_) ]ihpc^[h^i [i _m]f[l_]cg_hni ^[
g_hn_ • f‰ac][^[ ]igj_nc…„i jifˆnc][+ Emnimcahc`c][^ct_l ko_) [ chn_lp[fim cg_gilc[f chmn[\cfc^[^_^[m `lihn_cl[m _hnl_ i Œ\ c]i) _g mo[m fp_lm[m
cao[cm_ ]ihb_]c^im * [fai ko_ h„i m_[fn_lio &cmni) mcg)† og[ j_]ofc[lc* `[w_n[m)_ i jlcp[^i) n[g\†g gŒfnc .-+
^[^_' ^ol[hn_ i m_aoh^i j_lˆi^i [onilcn‚lci &.631*.652' *) im jifˆnc* Ahnl_ im g[h^[n‚lcim _m]ifbc^im jil pini _ i jŒ\fc]i [hŠhcgi _h*
]im m_pcl[g i\lca[^im [ jl_mn[l ]ihn[m [im pin[hn_m)domnc`c][h^ii j_^c^i ]ihnl[g*m_ imn_]hi]l[n[m) _m]ifbc^im)_g n_m_)jil g†lcni+ • [nl[p†m^_m*
ko_ `[tc[g [ m_om_f_cnil_mj[l[ ko_ l_j_ncmm_gi [jici) ^[h^i*Eb_m pi* n[ chmnƒh]c[chn_lg_^c‚lc[ ko_ m_]lcmn[fct[g imj[^l‹_m ^_ l_f[]cih[g_hni
nim+?f[li _mn‚ko_ h[m‚l_[m [nl[m[^[m)h[mko[cmjl_^igch[p[ i pini ^_ _hnl_ i jŒ\fc]i _ i jlcp[^i+ h mcgjf‰lc[[ mojimc…„i^_ ko_ [ko_f_mko_
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m_ol\[hct[p[ _ _^o][p[ i j[ˆm) ]ihno^i) _ ko[hni g[cm m_^cp_lmc`c][p[[ ][' ]ihmca[g ^cmnlc\ocl^cl_n[g_hn_ \_h_mm_m _ `[pil_m [ m_om_f_cnil_m)
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h_fcmgi _ g[cil [ ]igj_nc…„i j_fim foa[l_m_f_ncpim^cmjihˆp_cm+ O_)_hnl_ ]ihmjˆ]oi i ko_ m_^_mcah[) g[cm og !^cmnchai! _m]if‚mnc]i) jil `cmci*
.62- _ .63/) [ ]igj_nc…„i _f_cnil[f [og_hnio gocni f_hn[g_hn_) g_mgi fiacmgi * ^cmj_hm[lcf_acncg[g_hn_ [ _hnc^[^_mio ch^cpˆ^oim jlcp[^im
h[m ‚l_[m ol\[h[m) `ic jl_]cm[g_hn_ ^ol[hn_ i Œfncgi j_lˆi^i ^cn[nilc[f \_hm^_ h[nol_t[ jŒ\fc][ * _ mo[ch]c^‡h]c[ il[ [og_hn[) il[ ^cgchoc+K
ko_ m_i\m_lp[g) _g mcg_nlc[j l_hip[^[ _rj[hm„i ^[ chn_l`_l‡h]c[ ^i _koˆpi]i _mn‚_g cg[ach[l ko_ n[f `fori m__mn[\_f_…[m_g g_^c[…‹_m\o*
Amn[^i)[mg[cil_m n[r[m ^_ ]l_m]cg_hni ^[ ]igj_nc…„i _f_cnil[f+0 li]l‚nc][m) [a_hn_mj[l[ im ko[cm)_g jlch]ˆjci) h„i _rcmnclc[gchn_l_mm_m
Al[) m_g ^Œpc^[)al[h^_ [ n_hn[…„i^_ oncfct[l l_]olmim ^_ og Amn[^i h_g ch]_hncpimj[l[ j[lnc]cj[l ^_ nl[hm[…‹_m _mjŒlc[m io j[l[ []_cn[l ]og*
ko_ m__rj[h^c[ * _gjl_aim) p_l\[m _mj_]c[cm)chp_mncg_hnim jlcpcf_ac[* jfc]c^[^_ _g [ncpc^[^_mcfˆ]cn[m+ Ahnl_[ chn_h…„i^_ ^cmnlc\ocl\_h_mm_m _[
^im _n]+* ]igi _mnl[n†ac[^_ g_fbil jimc]cih[g_hni h[ ]igj_nc…„i+ \_g*mo]_^c^[ l_cn_l[…„i^_ ]imnog_m]fc_hn_fˆmnc]im m_cgcm]o_g ]ihnch*
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ko_ ji^_ [n† n_l mc^i]ihmncnoˆ^[)_g j[ln_) jil ch^c][…‹_m[fb_c[m[i mcm*
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jimc…‹_m\oli]l‚nc][m mo\g_nc^im • _m]ifb[ nl‚ac][ ^_ io \_g m_[]og* ^_ ][l‡h]c[m) •mjijof[…‹_m mi\l_ mo[ao[l^[+ h _g mo[mn_ll[mko_ im][g*
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jim jlcp[^im+ Lil cmmi) `[t_l ]l_m]_l [ \oli]l[]c[ mcahc`c][)[i g_mgi n_g* ]ig jlijlc_n‚lcim ^_ n_ll[ _g ]igj_nc…„i) _f_m)im ][gjih_m_m) _rcmn_g
ji) [fcg_hn[l i [g[^ol_]cg_hni _ ^_hmc^[^_^_ cgjiln[hn_m jimc…‹_m^_ •m^_t_h[m^_ gcfb[l_m)nin[fg_hn_ mo\mncnoˆp_cm ohmj_fim ionlim+Ag []l†m*
ji^_l ^_hnli ^[ _mnlonol[^i Amn[^i+=fai ko_ h„i i]ill_ ^i ^c[ j[l[ [ ]cgi [i ko[m_*gihij‰fc]i g_l][^i ^_ nl[\[fbi) im m_hbil_m^cmjohb[g
hicn_) g[m mo]_^_ [i fihai ^im [hcp_lm‚lcim^_ ni^im im j[ˆm_m)[ g[cil [ch^[ ^i ]ihnlif_ ^[ `il…[ j[l[ ]ifi][l im m_om[ m[fpi h[ cgch‡h]c[ ^_
io g_hil p_fi]c^[^_+ J_g jil cmmi[ _rj[hm„i ko[hncn[ncp[^im ij_l[* ko[fko_l ]ih`fcni+ L_ko_h[m nlij[m jlcp[^[m `[tc[g [m p_t_m ^i ji^_l
^il_m ^i Amn[^i m_`[t) _mnlcn[_ g[dilcn[lc[g_hn_) m_aoh^i chn_l_mm_m _ _r_]oncpi) _g hig_ ^[ pihn[^_ ^i m_hbil fi][f) f_acmf[ncpi_ do^c]c‚lci
ch^c][…‹_m^im bc_l[l][m ^[ _]ihigc[) mi\l_no^i ^ol[hn_ i j_lˆi^i jl†* _g og[ m‰ j_mmi[+O„i im jifˆnc]im ko_) ][l_hn_m^_ lcko_t[m _ `il…[) i`_*
][jcn[fˆmnc]i ^[m mi]c_^[^_m)_ h_g i ]l_m]cg_hni ^_mm[_mj_]c[f j[l]_f[ l_]_g [ jimmc\cfc^[^_^_ ]ihmnlo…„i^_ og ^oni fca[h^i i n_mioli •m^_*
^[ jijof[…„i m_^_o ^_ g[h_cl[ ohc`ilg_ _g ni^im im foa[l_m+ `c]c‡h]c[m^[ fi][fc^[^_+ K ]ilih_fcmgi † j_lc`†lc]i • mi]c_^[^_ ][jcn[fcmn[
Bil[g [mh_]_mmc^[^_m ^_ ‚acf ]iil^_h[…„i _ ^_ _`c]c‡h]c[ [^gchcmnl[* _)jiln[hni) • h_]_mmc^[^_^_ `[pil_m jŒ\fc]im+J[ l_[fc^[^_) b‚ ]igjfw[
ncp[^_ gini*]ihnˆhoi) ^ol[hn_ [ O_aoh^[ Co_ll[ Ioh^c[f) ko_ f_p[l[g ]ihnl[^c…„i _hnl_ ]ilih_fcmgi _ ]fc_hn_fcmgi+#h h_mm_ j_lˆi^i) jil cmmi
[i l_]ihb_]cg_hni ^[ ]lo]c[f cgjilnƒh]c[ ^[m \oli]l[]c[m h[ cgjf_* g_mgi) ko_ `fil_m]_g [mn_ilc[m^_ \oli]l[]c[ ohcp_lm[fcmn[) cmni†) jil*
g_hn[…„i ^_ ^_]cm‹_maip_lh[g_hn[cm+ Akocj_m\oli]l‚nc]i*[^gchcmnl[nc* ko_ _f[ h[^[ n_g ^_ _mj_]ˆ`c]i [ i`_l_]_l) h_g _rcmn_]fc_hn_f[ _g \om][
p[mm_]ihp_ln_l[g _g _mnl[n†ac]il_]olmi ^_ aip_lhi) jl_]cm[g_hn_ h[ ^_ m_om m_lpc…im+
g_^c^[ _g ko_ m_nl[hm`ilg[p[g _g ^c`_l_h]c[^[m jf[n[`ilg[m ^_ [m]_h* ?ig [ _rj[hm„i ^i ][jcn[fcmgi _ mo[ch_pcn‚p_f^chƒgc][ ]igj_ncncp[
m„i+Pl[^c]cih[fg_hn_) lcko_t[) jl_mnˆaci_ `il…[ _l[g [mgi_^[m `[]cfg_hn_ _m`[l_f[*m_ i gihij‰fci ^[ i`_ln[ ^_ _gjl_ai ^im m_hbil_mfi][cm+= _r*
]ihp_lmˆp_cm_g ji^_l+ = [lkocn_nol[ _mn[n[f_l[ mcgjf_m)\_g ]igi i []_mmi nch…„i^im l_]olmim ^_ pcif‡h]c[ jlcp[^[ goncf[ [ ionl[ j_lh[ ^i ji^_lci
[ _f[+>[mn[p[ [im ji^_limim i ]ihnlif_) jil pc[ ^_ ch^c][…„iio j[l_hn_m* m_hbilc[f) _g\il[ h„i [ mo\mncno[) h[ p_l^[^_) jil `il…[mjŒ\fc][m [onŠ*
]i) ^_ g_c[ ^Œtc[ ^_ ][laim aip_lh[g_hn[cm _ _mn[p[[mm_aol[^[ [ jlin_* hig[m+ Oo\m_lpc_hn_m [im ji^_limim jlijlc_n‚lcim) [m`il…[mjŒ\fc][mh„i
…„i^_ m_om chn_l_mm_m+Ji _mn‚aci_]ihŠgc]i _ jifˆnc]i jl†*][jcn[fˆmnc]i) m„i)ni^[pc[) ^_f_m^_j_h^_hn_m+K\n_l f_acmf[…„i ko_ `[pil_…[ im chn_l_m*
[ j_lg[h‡h]c[ ^_ ch^cpc^o[f _ fcpl_ []_mmi^im m_hbil_m]ih`_^_l[^im [ m_m ^im jlijlc_n‚lcim `[]_ •mhip[m ]ih^c…‹_m^_ g_l][^i i\lca[*im [ jli*
\[f]‹_m ^i Amn[^i _l[ a[l[hnc^[ j_fi [jici ko_ ^[p[g) _g ]ihdohni) [i X++']ol[l i Amn[^i)ih^_ cl„i _h]ihnl[l [ \oli]l[]c[) chn_lg_^c[h^i im`[pil_m
ji^_l g[cil) i aip_lhi ]_hnl[f+ I[m i ]ihnlif_ ^im pinim ko_ l_[`clg[lc* ^_ ko_ h_]_mmcn[+ L[l[ b[p_l O]^O]fc_hn_fcmgi† h_]_mm‚lciko_ d‚ m_d[
[g i [jici [i ji^_l ]_hnl[f h„i ^_j_h^c[) • †ji][ jl†*][jcn[fcmn[) ^_ b_ _gŠhc][m [m`il [ * [faich_rcmn_hn_++qH_+?-higc[jl†*
nl[n[ncp[mh[mko[cmim m_hbil_mim ]ihkocmn[mm_g_g l_nilhi ^_ \_h_mm_m g_l][hncf+ h [ _rj[hm„i ][jcn[fcmn[ko_ nilh[ i `onoli cgjl_pcmˆp_f)^_ ih^_
jŒ\fc][m+K `oh^[g_hn[f g_ci ^_ nli][) _hnl_ ][jcn„_mio ]ilih†cm ^_ pini i ^_m_di^im m_hbil_mfi][cm ^_ `[t‡*Ei l_nig[l • jl_pcmc\cfc^[^_[hn_lcil)
_ m_om ]ig[h^[^im) h„i ]ihmcmnc[_g _gjl_aim jŒ\fc]im io ko[fko_l io* g_^c[hn_ [ nli][ ^_ `[pil_m ]ig [ \oli]l[]c[ [nl[p†m^_ m_om) [ail[ cg*
nli \_h_`ˆ]ci ^_ ilca_g _mn[n[f)jicm [mgi_^[m ko_ ]igjl[p[g pinim _l[g jiln[hn_m) jiln[*pit_m * im jifˆnc]im ^_ ]fc_hn_f[+= jl‚nc][ _`c][t ^i
_mnlcn[g_hn_jlcp[^[m7 _gjl_ai [alˆ]if[ _ jlin_…„i `ˆmc][+ ]fc_hn_fcmgil_ko_l i ][jcn[fcmgi) h„i i ]ihnl‚lci+
J„i _rcmn_gi\l[m jŒ\fc][mhim lch]‹_m ]ilih_fcmn[mj[nli]ch[^[m j_* @_m[j[l_]_g _hn„i ni^im imchi]_hn_m^i j_lˆi^i jl†*][jcn[fcmgi l_[f
fimm_h il_m i][EO+ _ma[l[h _g [ ai _g g[EO _mm_h?E[)[ i hˆp_f ko_ m_jlijohb[g • ^_m]i\_ln[ ^_ \oli]l[]c[m ohcp_lm[fcmn[m+ A jil cmmi
m__mncg[ko_ [ jl‚nc][ ^i ]fc_hn_fcmgi)chn_ljl_n[^i ]igi j_lmih[fct[^[ i >l[mcfm_lc[i jlch]cj[f bimj_^_cli h[m=g†lc][m+ Kgcnch^i i ^_mj_l^ˆ]ci
^cmnlc\oc…„i^_ `[pil_m) l_ko_l jih^_l‚p_f ^cmnlc\oc…„i^_ ][laim jŒ\fc* ^_ cgjli^oncp[ ]ih`lihn[…„i ^_ _mn_l_‰ncjim) i ko_ m_`[l‚) h_mn_][jˆnofi)
]im) [n_h^_h^i) _hn„i) [ ^_g[h^[m jil jl_mncac[^[mjimc…‹_m mi]c[cm&^cm* m_l‚og[ chp_mnca[…„i `ilg[f mi\l_ [mjimmˆp_cm nl[d_n‰lc[m^[ \oli]l[]c[)
jih^i i aloji ^_ `oh]cih‚lcim jŒ\fc]im ^_ l_acg_hnim _mj_]c[cm_g ni^im mo[mcgjfc][…‹_m_ im hŒg_lim l_[cmko_ ^_fch_c[g i j_l`cf ^i `_hŠg_hi
im j[ˆm_m'_ • h_]_mmc^[^_^_ [mm_aol[l ko_ jf_cnimjimn_lcil_m) dohni [i \oli]l‚nc]i _mj_]c`c][g_hn_ hi >l[mcf+
Amn[^i)jimm[g m_l[^pia[^im jil chn_lg†^ci ^_ \oli]l[n[m d‚ ]igjli* Ehp_mnca[l[ \oli]l[]c[ l_ko_l) [][]c[h[g_hn_) cg[ach[…„i+ ?ihmc*
g_nc^im+ ^_l[h^i*m_ i hŒg_li ^_ ko_mn‹_m^_ n_ilc[) ^_ ^_`chc…„i _ ^_ g_h*
= l_ch]c^‡h]c[ ^[ jl‚nc][ ^i ]fc_hn_fcmgin_lgch[lc[ h_]_mm[lc[g_hn_ mol[…„iko_ [ ]l_m]_hn_ fcn_l[nol[ mi\l_ i n_g[ d‚ fcmnio)[ n[l_`[ g[cm
jil m__rjlcgcl _g c^_hnc`c]‚p_cm ][l[]n_lˆmnc][m^[ ]igjimc…„i ^i `oh]ci* ola_hn_ ]ihmcmn_h[ ]ihmifc^[…„i ^_ bcj‰n_m_m p_limmˆg_cm_ ^[m [fn_l*
h[fcmgi jŒ\fc]i+ KmhŒg_lim [hn_lcilg_hn_ _rjimnim l_f[ncpim• gofnc* h[ncp[m^_ ^_`chc…„i _ g_^c^[+ P_gji biop_ _g ko_ i jli\f_g[ ^[
jfc][…„i ^i `oh]cih[fcmgi _g ni^im im j[ˆm_m)^_jicm ^[ O_aoh^[ Co_ll[ \oli]l[]c[ h„i _rcmnc[io _g ko_ mo[ [h‚fcm_ j[l_]c[ mcgjf_m+Emmi†
Ioh^c[f) h„i m_lc[gn„i*mig_hn_i l_mofn[^i ^_ og ]l_m]cg_hni _h^‰a_hi j[mm[^i+ =mmcg]igi [mm[^i † i j_lˆi^i _g o_ i goh^i n[+nc*
h[nol[f) io ^[ pil[]c^[^_ ^[ \oli]l[]c[) \om][h^i i ]l_m]cg_hni ^i jl‰* t[^i [j[l_]c[ ]igi og ohcp_lmi gi^_lhi) [ch^[ ko_ _g ^_m_h][hni+
jlci _mn[g_hni io) [ch^[) ^i [j[^lchb[g_hni ^_ [faohmch][j[t_m j[l_h* iF_) _maimn[*m_ ^[ \oli]l[]c[) _g\il[ h„i m_m[c\[ gocni \_g mi\l_
n_mko_ im m_hbil_m^[ _]ihigc[ m_m_hnc[gi][mcih[fg_hn_ i\lca[^im [ i ko_ m__mn‚`[f[h^i+ L[l[ _`_cni ^_ cfomnl[…„i)nig_*m_ [ mcgjf_mn[\_*
jlin_a_l+ >_g g[cm cgjiln[hn_ ^i ko_ n[cmgincpim) [ _rcmn‡h]c[ ^_ f[ [ m_aocl7
^cp_lmc`c][^[ ]f[mm_jifˆnc][) i\lca[^[ [ ^cmjon[l i [jici ^_ jih^_l‚p_f
hŒg_li ^_ _f_cnil_m)n_lc[_mn[\_f_]c^i[m]ih^c…‹_mh[mko[cm)[mmcg]igi) K9:=C9.
^_ og f[^i) im jifˆnc]im h_]_mmcn[p[g^[ chn_lg_^c[…„i \oli]l‚nc][ j[l[ JŒg_li ^_ Boh]cih‚lcim LŒ\fc]imjil ][^[ .+--- D[\cn[hn_m
[ i\n_h…„i ^_ _mj_]ˆ`c][m^_]cm‹_m^_ aip_lhi) im _f_cnil_m)^_ ionli) h„i .61- .62- .63- .64-
ji^c[g ^cmj_hm[l[ g_^c[…„i ^im jifˆnc]im j[l[ ko_ [ p[lc[^[ [a_h^[ ^_
•A?@ &g†^c[ ^_ .. j[ˆm_m' 5)5 .1)2 .2)/ .6)-
^_g[h^[m ^_ ko_ _l[g jiln[^il_m [f][h…[mm_ imiopc^im aip_lh[g_hn[cm+
K [n_h^cg_hni [ ^_g[h^[m) ch]fomcp_jil _gjl_ai jŒ\fc]i) ^_m]ifio*m_ >N=OEH 6)5 6)5 .-). ./)0
^[ bc_l[lkoc[ ^_ h_]_mmc^[^_m ]if_ncp[mj[l[ m_nl[hm`ilg[l _g \_g*mo]_*
Big_7 Ehn_lh[ncih[f Iih_n[ls Boh^) L_n_l O+D_ff_l _ =f[h =+ P[cn):Y`O\XWOX^ 8WZVYcWOX^KXN
^c^[ nl[hm[…„i_hnl_ _f_cnil_m_ jifˆnc]im) _g og[ jihn[) _ _hnl_ jifˆnc]im BKc2DYWO<X^O\XK^SYXKV 6YWZK\S]YX]%S[mbchanih) <*U* &iono\li) .650') l_pcm[^i _ l_cgjl_mmi)
_ \oli]l[n[m) h[ ionl[+ g[l…i ^_ .6518 E>CA)4X_g\SY 8]^K^m]^SMY% p‚lcim pifog_m+

K jli\f_g[ † a_hoˆhi) [ jimmc\cfc^[^_^_ ko_ _mm_m jli]_mmimi]ill[g


† l_[f _ mo[ch]c^‡h]c[ † ch_a‚p_f+=m^Œpc^[ml_mc^_gh[ jl_mogc^[ a_h_l[* O_[ f_cnol[ ^[ n[\_f[ j[l_]_ nlcpc[f)_m]lonˆhcig[cm [n_hni l_p_f[ ko_)
fct[…„i^i mcmn_g[) ^[^[m ]_ln[m]ih^c…‹_m[hn_]_^_hn_m)_ _g m_ojon[ncpi gocni [i ]ihnl‚lci) nl[n[*m_^_ og[ n[\_f[ ko_ h„i j_lgcn_ f_cnol[ l_f_*
]ih`ch[g_hni a_ial‚`c]i ^_ _hp_la[^ol[ ]ihnch_hn[f7 [`il[ [faohm ][mim p[hn_ [hn_m^_ ko_ m__m]f[l_…[g[faog[m ko_mn‹_m jl_fcgch[l_m+ Ehc]c[h^i
_r]_j]cih[cm jcji][h^i _g j[ˆm_m[mc‚nc]im)[mjl‚nc][m ]fc_hn_fˆmnc][m m_ j_fi nˆnofi+Mo[f [ ]f[mm_^_ ch^cpˆ^oim]i\_lnim j_f[ lo\lc][ !`oh]cih‚lc*
]ih]_hnl[lc[g h[ |`lc][) ]igi og[ _mj†]c_^_ _\if[ [^gchcmnl[ncpi)_ h[ imjŒ\fc]im<! O_aoh^i [ g_ni^ifiac[ ^[ KA?@) _f[ ch]foc ni^im im ch^c*
=g†lc][ H[nch[)g_him ^i ko_ ]igi [ ]_j[ !][lg_h‡l_! ]bcf_h[) _r]fomc* pˆ^oim ko_ g[hn‡g pˆh]ofim _gjl_a[nˆ]cim ]ig [ [^gchcmnl[…„i ^cl_n[)
pc^[^_ jimcncp[)_ g[cm]igi og[ ^i_h…[ ^_ ?b[a[m l_jl_m_hn[ncp[)^_ ko_ ]_hnl[fct[^[ _ ^_m]_hnl[fct[^[ &†_mm[jlijil…„i ko_ [j[l_]_ h[ jlcg_cl[
fchb[ ^[ n[\_f[') g[m h„i ch]foc im `oh]cih‚lcim ^_ _gjl_m[m h[]cih[fct[* l_n[ ^im m_lpc…im &jil _r_gjfi) im ][ln_clim' _ [ko_f[ _gjl_a[^[ h[ [^*
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fchb[ l[ti[p_fg_hn_ ]igj[l‚p_cm ]ig im^[ m_aoh^[fchb[)]ill_mjih^_hn_ [^gcnch^i ]igi cao[fg_hn_ []_cn‚p_cm[m^_m]i\_ln[m ^_ ko_ j[ˆm_m\[m*
[i >l[mcf)ko_ ^_hin[g [jlircg[^[g_hn_ [ g_mg[ ]if_…„i ^_ ch^cpˆ^oim+ n[hn_[nl[m[^im _rc\_g n[r[m ^_ `oh]cih‚lcim jŒ\fc]im &^ca[gim)jil ][^[
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jijof[]cih[f \lon[ ^im j[ˆm_m]igi ^_higch[^il ^[ jlijil…„i< Ar]_ni ^[ fchb[m^[ n[\_f[+
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h[ncp[g_hn_) ^_ ko_ _rcmnclc[og[ ohc`ilg_ _f[mnc]c^[^_*jijof[…„i ^[ mom]cn[ jli\f_g[m ^_ g_hmol[…„i+= g_]ƒhc][ ^_ jli^o…„i ^[ jlcg_cl[
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]cg_hni) ][l[]n_lct[^i jil7 chn_hm[^_mi]oj[…„i ^[ `il…[ ^_ nl[\[fbi) ko_ m__rjfc][g jil ]ihmncnoˆl_g
jl_]cm[g_hn_ i l_p_lmi ^im ]c]fim^_ jf_hi _gjl_aw) [i ]whnlwci ^[m_]whi*
[' [og_hni ]ihmn[hn_^i jli^oni) cmni†) ^[ ko[hnc^[^_ ^_ \_hm_ m_lpc…im gc[m_mn[ah[^[mh[mko[cmi ^_m_gjl_ai jil [om‡h?E[^_ ^g[gfmgi ]ih€fao*
• ^cmjimc…„i^[mj_mmi[m8 l[ og _mn[^i^_ m_]of[l _ ch_ln_hilg[fc^[^_+ Mo[hni • ]f‚omof[ l_f[ncp[ •
\' ]l_m]cg_hni ]ihmn[hn_^[ LA= ujijof[…„i _]ihigc][g_hn_ [ncp[ ko_) !f_c]ihmncno]cih[f^_ l_h^[m! &]f‚omof[,!" _f[ † ch_l_hn_[ ko[fko_l mi]c_^[*
^_j_h^_h^i ^i j[ˆm) ]igjl__h^_ [ jijof[…„i ^im .-) ./ io .1 [n† ^_) _g\il[ p[lc[h^i ^_hnli ^_ j[lƒg_nlim \[mn[hn_a_h_limimim !]lcn†lcim
[im 3-) 32 io 4- [him ^_ c^[^_v8 `cr[^im j_f[m[onilc^[^_m f_acncg[g_hn_]igj_n_hn_m! j[l[ [ l_^cmnlc\oc…„i
]' _rcmn‡h]c[^_ jf_hi _gjl_ai) io m_d[)n[r[ ^_ ^_m_gjl_ai cao[f [ t_li) ^i jli^oni mi]c[f+@_`[ni) ni^[ mi]c_^[^_ [][\[ jil [jlip[l l_al[mm_aoh^i
ch_rcmnch^i^_m_gjl_ai !h[nol[f!) !`c]]cih[f! io !m[tih[f!8 [mko[cm[ lcko_t[ ^cmjihˆp_f ^_p_ m_l^cmnlc\oˆ^[)l_al[m ko_ p„i [f†g ^[m
^' l_f[…„i jli^oni,][jcn[f &L,G' ]ihmn[hn_) cmni†) i hˆp_f g†^ci ^_ ko_ m_[jfc][g [i ^cl_cni^_ jlijlc_^[^_+ Lil `cg) i l_kocmcni^_ og[ l_f[…„i
mi`cmnc][…„in_]hif‰ac][^[ _]ihigc[ † n[f ko_ [ ko[hnc^[^_ ^_ jli^onim jli^oni,][jcn[f ]ihmn[hn_ ]ill_mjih^_ •m]ih^c…‹_mchmn[hnƒh_[m ^_ ni^[
&\_hm'[]l_m]c^[ jil ][^[ hip[ ohc^[^_ ^_ ][jcn[f † ohc`ilg_+ ?igi mi]c_^[^_)pcmniko_ i [og_hni ^_ jli^oncpc^[^_ _]ihŠgc][ g[hc`_mn[*m_)
_r_gjfi) † ]igi m_j[l[ ][^[ hipi l_[f chp_mnc^ih[ _]ihigc[ [ pc[^_ l_al[) hi fihai jl[ti+ @_ko[fko_l gi^i) _mn[]f‚omof[m_l‚jimn_lcil*
jli^o…„i `imm_[og_hn[^[ m_gjl_ h[ g_mg[ jlijil…„i7 j[l[ ][^[ l_[f g_hn_ [fn_l[^[ m_gko_ m_]igjlig_n[g [mcf[…‹_m ^i gi^_fi+
[]l_m]_hn[^i) g[cm og m_gjl_ cao[f b ^_ []l†m]cgi hi jli^oni8 @[^i) _hn„i) i gi^_fi Q) m_lc[g j_fi g_him nl‡mim `onolim \oli]l‚*
_' pca‡h]c[ ^_ og[ !f_c]ihmncno]cih[f^_ l_h^[m! _mn[\_f_]_h^i ko_ !ni^i nc]imjimmˆp_cm)[ m[\_l7
]c^[^„i n_l‚ ^cl_cni [ og[ j[ln_ ^i jli^oni h[]cih[f ^_ []il^i ]ig E+= \oli]l[]c[ &LA=a' ]l_m]_ jlijil]cih[fg_hn_ • LA= [ j[lncl ^i
im ]lcn†lcim`cr[^im j_f[m [onilc^[^_m f_acncg[g_hn_ ]igj_n_hn_m!+ jihni PJ7

K gi^_fi † bcjin†nc]i) m_g^Œpc^[)g[m † cgjiln[hn_ [^p_lncl ko_ m_nl[*


n[ ^_ [\mnl[…„i\[mn[hn_l_[fcmn[+h bcmnilc][g_hn_p_l^[^_cli) jil _r_gjfi) LA= nin[f : fchb[ ]b_c[
LA= aip_lh[g_hn[f : fchb[ jihncfb[^[
ko_ [mmi]c_^[^_mp‡g _rj_lcg_hn[h^i [jl_]c‚p_f ]l_m]cg_hni ^i jli^oni • *#

^cmjimc…„i ^_ m_om g_g\lim ^_m^_i m†]ofi TET+ P[g\†g ]ill_mjih^_ [i


l*
#
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l_acmnli_mn[nˆmnc]i*jijof[]cih[fko_) [gj[l[^[ hi [og_hni ^[ _rj_]n[ncp[ +


+
^_ pc^[ &^_m^_ [ m_aoh^[g_n[[_ ^i m†]ofiTET' _ h[ ol\[hct[…„i ]l_m]_hn_ .
ko_ m_`_t []igj[hb[l) ^_m^_i `ch[f ^i m†]ofiTET) ^_ g[]c…[ nl[hmf[…„i^_ 5
j_mmi[mi]oj[^[m h[ ‚l_[ lol[f j[l[ i m_ag_hni ch^omnlc[f^[ _]ihigc[) [ P
`l[…„i ^[ jijof[…„i _]ihigc][g_hn_ [ncp[^_ ni^[m [mmi]c_^[^_mn_g ]l_m* Pi PZ
Ahnl_Pi _ Pi [ \oli]l[]c[ ]l_m]_lc[ [ og[ n[r[ moj_lcil • ^[ LA= [n† ^ONKO`YV_jiY NYZ\YN_^Y%h[ g_^c^[ _g ko_ [ _pifo…„i ^i jli^oni n[g*
[nchacl m_on[g[hbi ‰ncgi+@[ˆ _g ^c[hn_ _f[ ]ihncho[lc[ [ ]l_m]_l jil \†g _mn‚chncg[g_hn_ [mmi]c[^[ • _pifo…„i ^i m_]oh^‚lci _) jil _mn__fi
^_]ill‡h]c[ ^[m]ih^c…‹_mL _ ] ^i gi^_fi &]l_m]cg_hni]ihmn[hn_^[ LA= chn_lg_^c‚lci) jli^otch^i cgj[]nim h[ _pifo…„i ^i n_l]c‚lci+ Ag l_mo*
_ _rcmn‡h]c[^_ jf_hi _gjl_ai'+ Af[ m‰ h„i ]l_m]_lc[) OW^O\WY]KL]YV_& gi) h„i j[l_]_ fiac][g_hn_ ]ihmcmn_hn_ [ bcj‰n_m_ ^_ b[p_l og ]l_m]c*
^Y]%m_m_on[g[hbi `imm_chm_hmˆp_f •mp[lc[…‹_m^[ LA= _ ^im hˆp_cm^_ g_hni ^[ LA= aip_lh[g_hn[f) _g\onc^i hi ]l_m]cg_hni ^[ LA= ^i m_nil
_gjl_ai) jil og f[^i) _ m_biop_mm_lcac^_t _g l_f[…„i •mp[lc[…‹_m^i
n_l]c‚lci) g[m) [i g_mgi n_gji) ko_ _mm_ ]l_m]cg_hni m_d[ch^_j_h^_hn_
jli^oni hi goh^i l_[f+I[m _mn[jimmc\cfc^[^_† _pcn[^[) hi gi^_fi) j_f[
^[ p[lc[…„i ^i jli^oni+
]f‚omof[K &]l_m]cg_hni]ihmn[hn_^i jli^oni'+ =i `ch[f)^_ ko[fko_l gi^i)
J„i i\mn[hn_) _ [koc _mn‚[ ]ih_r„i _hnl_ i [\mnl[]cihcmgi ^i gi*
b[p_lc[ og jihni ‰ncgi h[ l_f[…„i _hnl_ i n[g[hbi ^[ \oli]l[]c[ _[
^_fi _ [m^cm]omm‹_m ^[ fcn_l[nol[ j_lnch_hn_) _mn[†) _g jlch]ˆjci) [ bc*
g[ahcno^_ ^[ LA= ^_ n[f miln_ko_) [ j[lncl ^_f_ &Pi'%i ]l_m]cg_hni [\mi*
j‰n_m_ mo\d[]_hn_ • n_ilc[ ^i _mn[^i ][lnilc[f) ^[ n_ilc[ ^[ j[nlih[a_g
foni ^[ \oli]l[]c[ j_lg[h_]_lc[ jlijil]cih[fg_hn_ ]ihmn[hn__g l_f[…„i
• LA=+J_mn_mcmn_g[) ko[fko_l gi^c`c][…„i [\lojn[ ^[ fchb[ jihncfb[^[) _ ^[ n_ilc[ ^i ].c_hn_fcmgi+= l[ct ]igog ^_mm[`[gˆfc[ ^_ n_ilc[m mi*
[jlircg[h^i*[ ^[ fchb[ ]b_c[) ch^c][lc[ ko_ [ momj_cn[^_ ^cmnlc\oc…‹_m \l_ im j[ˆm_m_g ^_m_hpifpcgwhni _h]ihnl[*m_ l_]cm[g_hn_ h[ `cc ‰*
].c_hn_fˆmnc][m h„i ji^_ m_l[`[mn[^[ m_g _r[g_ g[cm ]oc^[^imi ^[m l[* n_m_ _ ko_ i ]l_m]cg_hni ^[ LA= ^i n_l]c‚lci * _) `oh^[g_hn[fg_hn_)
t‹_m ko_ _rjfc][lc[g n[f gipcg_hni+ ^‚LA* a ]igi j[ln_ ^_f[ * ch^_j_h^_ ^i ]lgcg_hni ^K%jli^oni _)
J„i † h_]_mm‚lci)_hnl_n[hni) jl_m_lp[l*m_gi^_fi n„i lˆac^i ko[hni j l ]ihm_ko_h]c[ &^[^[ og[ l_f[…„i L,G ]ihmn[hn_') ch^_j_h^_ n[g*
i `ilgof[^i hi ]_h‚lci `_fctj[l[ ^_lcp[l [ bcj‰n_m_ cgjfˆ]cn[ mi\l_ i ]l_m* \†h`ƒ[ = i m_]oh ‚lci+ Ji ]l_wg_hni ^[ LA= ^i n_l]c‚lci 8_
]cg_hni ^[ \oli]l[]c[ h[ko_f_ ]_h‚lci) _ ko_ † [ m_aochn_7 i ]l_m]cg_hni ^_m] !) _h [i) ko_ [ jijof[…„i _]ihigc][g_hn_ fca[^[ [ nl[\[*
^[ LA=a m_lc[jlijil]cih[f [i ]l_m]cg_hni ^[ LA=) ch^_j_h^_hn_g_hn_ fbim mi]c[cm† [ ko_ g[cm [pofn[) _ ]odi ]l_m]cg_hni m_lc[m_aoli ch^c*
^[ _pifo…„i ^i jli^oni _ ^im hˆp_cm^_ _gjl_ai) [ j[lncl ^_ og jihni ][^il ^_ ].c_hn_fcmgi+= jf[omc\cfc^[^_ ^_mm[`[gˆfc[ ^_ n_ilc[m †) ]ig
‰ncgi^_ _kocfˆ\lci h[nol[f+6 _`_cni) _f_p[^[) \_g ]igi † _f_p[^[ [ jf[omc\cfc^[^_ ^_ n_ilc[m ijim*
Amj_]c`c][h^i g_fbil [ bcj‰n_m_) ^cl*m_*c[ko_ [ _rj[hm„i ^[ \oli* n[m)[f†g ^i `[ni ^_ ko_ [mjlcg_cl[m n_ilc[m * ^[ j[nlih[a_g * j[*
]l[]c[ ^_p_ m_lchn_ljl_n[^[ ]igi `oh…„i ^[ LA= ^i n_l]c‚lci &]ig†l]ci) l_]_g p_limmˆg_cm) g[m m‰_g l_f[…„i [ j[ˆm_m g[cm [p[h…[^im _
chn_lg_^c[…„i) m_lpc…im'+ ?ihno^i) m_h^i [ LA= ^i n_l]c‚lci) _g a_l[f)
g[^olim+.- Ag ko[fko_l ][mi) p_lc`c][l*m_*‚[^c[hn_ ko_ [ _rj_lc‡h]c[
hi goh^i ]ih]l_ni) ^_j_h^_hn_ _g f[la[ g_^c^[ ^[ _pifo…„i ^[ LA= ^i
\l[mcf_cl[ [jihn[ j[l[ og[ l_f[…„i g_him mcgjf‰lc[ _hnl_ [m ^cg_h*
m_]oh^‚lci &ch^Œmnlc[' * io m_d[)^[^i ko_ i hŒg_li ^_ _gjl_a[^im hi
m‹_m^i goh^i+
]ig†l]ci _ _g ionlim m_lpc…im ]ill_mjih^_lc[ [ og[ ]_ln[ `l[…„i ^i hŒ*
g_li ^_ _gjl_a[^im h[ ch^Œmnlc[ *) [ _mj_]c`c][…„i^[ bcj‰n_m_ nilh[lc[
^c`ˆ]cf]igjl__h^_l ]igi i ]l_m]cg_hni ^[ LA=a &_gjl_a[^im aip_lh[* %KAmn[ †) i\pc[g_hn_) og[ `ilg[ ^_ ^ct_l ko_ [ !n_ilc[! ^i j[nlcgihc[fcmgi [jfc][*m_ [ j[ˆm_m
[nl[m[^im _ [p[h…[^im) io m_d[)h„i _rjfc][ a_h_lc][g_hn_ ]icm[ [faog[+ Qg[ chp_mnca[…„i
g_hn[cm'jimm[m_l`oh…„i^i ]l_m]cg_hni ^[ LA= ^i n_l]c‚lci OSXNOZOXNOX& cfomnl[ncp[^[ `l[acfc^[^_ ^[ !n_ilc[! ^i j[nlcgihc[fcmgi _h]ihnl[*m_ _g N+ Pb_i\[f^)
!L9alcgihc[fcmg!) GY\VN BYVS^SM]% pif+ TTTp) h! 1 &dofbi .65/'+ Qg[ n_ilc[ j[l_hn_ ^_mm[
%J[ l_[fc^[^_) _mno^imn‡g gimnl[^i ko_ i ]l_m]cg_hni ^[ \oli]l[]c[ n[hni † ch^_j_h^_hn_ * [ ^[m ^c`_l_h…[m]ofnol[cm * h„i [jl_m_hn[ l_mofn[^im g_fbil_m+ =j_h[m og ^[^i7 h[
^[ _pifo…„i ^i jli^oni) ko[hni) •mp_t_m)p[lc[ chp_lm[g_hn_+R_l Nim_)YZ' MS^'% _ N+@op[Ef En‚fc[ ]fc_hn_fˆmnc][)j[nlcgihc[fcmn[) [ jil]_hn[a_g ^_ _gjl_a[^im jŒ\fc]im _g l_f[…„i •
_ Fibh Bl__g[h) !Pb_ P_]bhi*>ol_[o]l[nc] Afcn_[h^ nb_ Ahnl_jl_h_olc[f On[n_ch @_j_h^_g `il…[ ^_ nl[\[fbi nin[f † ch`_lcil • ^[ =f_g[hb[) ^[ Ehaf[n_ll[ _ ^[ Oo†]c[) ][fpchcmn[m)
^ca[gim
Eh^omnlc[fct[ncih!)ERO4WO\SMKXBYVS^SMKV .MSOXMO CO`SOa%pif+ 44) h% 0 &m_n_g\li .650'+ [mmcg+
$$" Qg m_aoh^i `onoli \oli]l‚nc]i jimmˆp_f)^_lcp[^i ^i g_mgi gi^_fi [ch^[ ^i ko_ h[ bcj‰n_m_^_lcp[^[ ^i mo\gi^_fi [hn_lcil) † ko_ m_
,$ jlid_n[ i ]l_m]cg_hni ^[ \oli]l[]c[ [ og[ n[r[ ch`_lcil • ^[ LA=) [ [\lca[lc[ [ n_m_^_ ko_ i ]fc_hn_fcmgi &_rjl_mmi_g ]l_m]cg_hni cll[]ci*
j[lncl ^_ og jihni PZl Cl[`c][g_hn_) _mn_`onoli \oli]l‚nc]i jimmˆp_f 7.5 _g m_nil_m^[ \oli]l[]c[' _mn[lc[ ^cm`[l…[^i j_f[ l[]cih[fc^[^_
[j[l_]_lc[ ]igi [ m_aocl7 chnli^otc^[ jil g[cil jli^oncpc^[^_ ^_ ionlim ]igj[lncg_hnim \oli*
]l‚nc?KO+= \oli]l[]c[ _mn[lc[^_]l_m]_h^i afi\[fg_hn_) g[m) jil ^_h*
LA= nin[f 7 fchb[ ]b_c[ nli ^_f[) [ j[l]_f[ ^_mj_l^c…[^[ ]ig ]fc_hn_fcmgi chŒncf]ihncho[lc[ _g
LA= aip_lh[g_hn[f : fchb[ jihncfb[^[
W_rj[hm„i) _p_hno[fg_hn_ h„i m‰_g hŒg_lim [\mifonim) g[m _g j[l*
"#"#"#"# ]_f[m jlijil]cih[cm+
$2!?
Lil `cg) og[ ko[ln[ bcj‰n_m_]ig\ch[lc[ [m[hn_lcil_m _ momn_hn[*
!
(*(*! lc[ i m_aochn_7]_lni ncji ^_ \oli]l[]c[ n_h^_ [ [f][h…[l m_on[g[hbi
[\mifoni ‰ncgi _ [ˆ j_lg[h_]_l _mn‚p_f&_`_cni*>iof^cha') _hko[hni
ionli ncji † mom]_jnˆp_f^_ chip[…„i _ []l†m]cgi _mj_n[]of[l ^_ jli*
^oncpc^[^_ &_`_cni*]igjon[^il) jil _r_gjfi') _ og n_l]_cli) _g\il[
]l_m]_h^i [\mifon[g_hn_) n_h^_ [ ^_]fch[l l_f[ncp[g_hn_ [ ionlim &_`_c*
@i jihni Pi [i jihni Ph i ]l_m]cg_hni ^[ \oli]l[]c[ ]igjlip[* ni*Nim_'+ffAg\il[ ^_ _r_]o…„i ]igjf_r[) [ chp_mnca[…„i_gjˆlc][ ^[
lc[ [ _`_ncp[ n_h^‡h]c[ ^i j‰m*O_aoh^[Co_ll[ Ioh^c[f) cmni†) _mm_ bcj‰n_m_ m_lc[pc‚p_f+O_]igjlip[^[) ]ihno^i) ^[lc[ [jici [ jl_gcmm[
]l_m]cg_hni m_gimnl[lc[ moj_lcil • n[r[ ^_ ]l_m]cg_hni ^[ LA= nin[f+ ijimn[ •ko_f[ ko_ ^‚ momn_hn[…„i • bcj‰n_m_ l_f[ncp[ [i ]igjiln[g_hni
= j[lncl ^_ P h%ni^[pc[ &ionli `onoli \oli]l‚nc]i jimmˆp_f') i ]l_m]c* g[rcgct[^il ^[ \oli]l[]c[) m_aoh^i [ ko[f _rcmn__ ij_l[ _`c][tg_hn_
g_hni l_f[ncpi ^[ \oli]l[]c[ m_lc[ ch`_lcil _) h„i) ]igi h[ jlcg_cl[ hi goh^i og cgjofmi [onŠhigi) _h^‰a_hi _ l_f[ncp[g_hn_ ch]ih*
bcj‰n_m_)jlijil]cih[fg_hn_ m_g_fb[hn_ [i ]l_m]cg_hni ^[ LA=+Ag nlif‚p_f ko_ f_p[ [m\oli]l[]c[m [ ]l_m]_l_g+ J[ bcj‰n_m_afi\[fct[hn_
n_m_)m_lc[g j_fi g_him nl‡m[m_rjfc][…‹_m jimmˆp_cmj[l[ _mn_bcjin†* _g _r[g_) [i ]ihnl‚lci) [m\oli]l[]c[m m_lc[g ^_mncnoˆ^[m^_ ^chƒgc][
nc]i `onoli7 *! n_lc[ _hnl[^i _g ij_l[…„i) _g PZ( ^_jicm ^_ j_lˆi^i ^_ chnlˆhm_][ _ ch^_j_h^_hn_) m_h^i [hn_mmo\mc^c‚lc[m^[ _rj[hm„i io
]l_m]cg_hni ^i `oh]cih[fcmgi jŒ\fc]i []cg[ ^[ n[r[ ^_ ]l_m]cg_hni ^c`_l_h]c[…„i ^[m [ncpc^[^_maip_lh[g_hn[cm+ Ag ]ihm_k•‡h]c[) jil*
^[ LA= nin[f) i jlch]ˆjci fcgcn[ncpi moa_lc^i jil >iof^cha) [ko_f_ ko_ ko_ m„i \[mn[hn_ ^c`_l_hn_m[mh_]_mmc^[^_m\oli]l‚nc][m ^_ ][^[ alo*
cgjfc][ g_][hcmgim ^_ [oni fcgcn[…„i ^[ jl‰jlc[ \oli]l[]c[8 +! n_lE[
ji ^_ [ncpc^[^_m^i aip_lhi) i ]l_m]cg_hni \oli]l‚nc]i ^_j_h^_lc[ ^i
i]illc^i ch_mj_l[^[ _g_la‡h]c[ ^_ chip[…‹_mila[hct[]cih[cm l_pifo* ncji ^_ _rj[hm„i ^i Amn[^i+= lcail) ^_p_l*m_*c[`[f[l _g ]l_m]cg_hnim
]cih‚lc[m) _g P Z) [og_hn[h^i _mj_n[]of[lg_hn_ [ jli^oncpc^[^_ \o*
_ ]ihnl[…‹_m \oli]l‚nc][m) hi jfol[f) _ i `onoli \oli]l‚nc]i g[cm jli*
li]l‚nc][) j_lgcnch^i • n_]hi]l[]c[ [n_h^_l •m]l_m]_hn_mh_]_mmc^[^_m
^i Amn[^i) i]oj[h^i ]ihncha_hn_m cao[cmio g_hil_m ^_ j_mmi[f8 ]'
`ch[fg_hn_) [ n_h^‡h]c[ [i ^_]fˆhci l_f[ncpi ^_ ]_lnim m_ag_hnim ^[ EfAmn[n_m_† ^_`_h^c^[) _hnl_ ionlim) jil N[m_) p_l YZ' MS^Y_ m_omionlim nl[\[fbim [fc ]cn[^im)
_ Iillcm >_]e) !Pb_ Arj[h^cha Lo\fc] O_]nil7 Oig_ ?ihnl[ls Apc^_h]_!) ERO@K^SYXKV EKb
\oli]l[]c[ m_lc[l_[f) ]igj_hm[h^i _ [n† ofnl[j[mm[h^i i ]ihncho[^i JY_\XKV%
p[E+/6) h! . &g[l…i .643'8 !Lo\fc] O_]nil Cliqnb7 = N_[f L_lmj_]ncp_!) B_LVSM
9SXKXMO%
]l_m]cg_hni ^_ ionlim m_ag_hnim^[ g_mg[ LA=a+J_mn[ p[lc[hn_) g[cm p[E+ 01) h! 0 &.646'+
p‚p_f) _hnl_ im jimmˆp_cm) ^_p_lc[) _hn„i) m_l^_lcp[^i ^[ g_fbil n_ilc[
mi\l_ i `onoli ^i jl‰jlci Amn[^i+
LA= nin[f 7 fchb[ ]b_c[
= fcn_l[nol[ mi\l_ [mbcj‰n_m_m []cg[) \_g ]igi mi\l_ ionl[m n_i* LA= aip_lh[g_hn[f 7 fchb[ jihncfb[^[
lc[m_rjfc][h^i [ _pifo…„i bcmn‰lc][^[m `ilg[m ^i Amn[^i † \[mn[hn_
pifogim[+./ I[cm ^i ko_ ]ih]fom‹_m jimcncp[m_ ch]ihnlip_lm[m) _hnl_* ************
n[hni) [faohm cgjiln[hn_m l_mofn[^im[n† [ail[ [f][h…[^im [onilct[g [ *lll**

^cmj_hm[^_ og[ m†lc_^_ !n_ilc[m ^[ bcmn‰lc[!_ ^_ !n_ilc[m ^[ \oli*


]l[]c[!+ Ko) `ilgof[h^i i [laog_hni ^_ ionl[ `ilg[7 bcj‰n_m_m mi\l_
i `_hŠg_hi ^[ \oli]l[]c[ ^_lcp[^[m ^_ n_ilc[m ^[ bcmn‰lc[ * ]igi [
^_ S_\_l) jil _r_gjfi * ^_p_g l_mjih^_l [ og ][n‚fiai ^_ i\d_*
…‹_m \[mn[hn_ m‰fc^[m) h„i m_h^i i ][mi) ni^[pc[) ^_ l_j_nc*E[mh_mn_]ih*
n_rni+ J_mn[ jlid_…„i ni^im im g_g\lim ^[ LA= m_nilh[lc[g `oh]cih‚lcim
Y* K n_l]_cli `onoli jimmˆp_fmoj‹_ [ \oli]l[]c[ ]l_m]_h^i) m_g chn_l* jŒ\fc]im [ j[lncl ^i jihni PZl =j[l_hn_g_hn_ [\mol^i) _mn_`onoli jimmˆ*
loj…„i) [ og[ n[r[ moj_lcil j ^[ LA= [n† ]ih`oh^cl*m_ ]ig _mn[+ p_f m_lc[jf[omˆp_f _g og gi^_fi _g ko_ n_hb[ pca‡h]c[ [ ]f‚omof[ _ *
!f_c]ihmncno]cih[f ^_ l_h^[m! * ch^_j_h^_hn_g_hn_ ^[ pca‡h]c[ ^[m ^_*
g[cm]f‚omof[m+Oojihb[*m_) jil _r_gjfi) og[ ^_`chc…„i^_ !_gjl_a[^i
jŒ\fc]i! [j_h[m [fai g[cm [gjf[ ^i ko_ [ ^_`chc…„i^_ Nim_)[ ko[f moa_*
I+) VYM_]]f‚mmc]i j[l[ i _mno^i ^[ n_m_^i ]igjiln[g_hni \oli]l‚nc]i g[rcgct[^il _mn‚ _g l_ ko_ [ `ihn_ j[a[^il[ ^i m[f‚lci &l_h^[' m_d[nig[^[ ]igi ]lcn†lci j[l[
S+ Jcme[hh_h) 5_\OK_M\KMc KXNCOZ\O]OX^K^m`O :Y`O\XWOX^%?bc][ai) =f^ch_) .64.+ = n_m_
l_]_\_o [m g[cm ^cp_lm[m ]lˆnc][m+ L[l[ cgjiln[hn_m ^cm]omm‹_m) p_l L[nlc]e @ohf_[ps)
c^_hnc`c][…„ii]oj[]cih[f ^i _gjl_a[^i+ Ko m_d[)nig_*m_og[ ^_`chc…„i
!>ol_[o]l[nm) >o^a_nm [h^ nb_ Cliqnb i` nb_ On[n_!) 5\m^m]R
=Y_\XKVYPBYVm^mMKV
DMmOXMO%
pif+ ]igi [ m_aochn_7† `oh]cih‚lci jŒ\fc]i ni^i _gjl_a[^i ]od[ l_h^[ ^_
.0) hK 0 &dofbi .652'8 Fibh ?ihs >_[l_) !>ol_[o]l[]s) Iihijifs [h^ ?igj_ncncih!) 4WO\mMKX
=Y_\XKVYPBYVm^mMKV DMmOXMO%pif+ /5) hK 0 &[aimni .651'8 C[ls Icff_l _ P_lls Ii_) !>ol_[o]l[nm)
ko[fko_l ncji * gih_n‚lc[) \_hm _ m_lpc…im * † _g j[ln_ io hi ni^i ^_*
H_acmf[nilm [h^ nb_ Oct_ i` Cip_lhg_hn!) 4WO\mMKX BYVm^mMKV DMmOXMO CO`mOa% pif+ 44) hK / lcp[^[ ^i aip_lhi+ =]l_m]_hn_*m_og[ fcmn[^_ jlial[g[m aip_lh[g_h*
.0

&dohbi .650'8 Fih[nb[h >_h^_l _ P_lls Ii_) !=h =^[jn[ncp_ Ii^_f i` >ol_[o]l[nc] Lifcnc]m!)
n[cmal[nocnim7_^o][…„i _ m_lpc…im ^_ m[Œ^_)^_ honlc…„i)^_ [gj[li •
4WO\mMKXBYVm^mMKV DMmOXMO CO`mOa% pif+ 46) hK 0 &m_n_g\li .652'+ Oi\l_ [ p[lc[…„i ^i
]l_m]cg_hni \oli]l‚nc]i _g `oh…„i ^_ jlial[g[m) p_l) _g _mj_]c[f) N+ Nim_) !Pb_ jlial[gg_ a_mn[hn_)• ch`ƒh]c[ _ • p_fbc]_8m_aoli*^_m_gjl_ai8 \ifm[*_m]if[) ]_mn[
[jjli[]b ni nb_ Cliqnb i` Cip_lhg_hn!) 5\m^m]R
=Y_\XKVYPBYVm^mMKV
DMmOXMO%
pif+ .2) hK . \‚mc][ ^_ [fcg_hnim _) `ch[fg_hn_) og jlial[g[ ^_ ]igjf_g_hn[…„i ^_
&d[h_cli .651' _ ni^[m [m ]ihnlc\oc…‹_m j[l[ i pifog_ ]cn[^i h[ hin[ .+ = fcn_l[nol[ mi\l_ %[
_pifo…„i ^/m `ilg[m ^i Amn[^i † cao[fg_hn_ [\oh^[hn_+ =faohm nˆnofim _g ko_ l_`_l‡h]c[m l_h^[+ J_mn_ gi^_fi) mig_hn_ [mj_mmi[mch]foˆ^[mh[ lo\lc][ _mn[nˆmnc][
\c\fcial‚`c][m g[cm ]igjf_n[m ji^_g m_l _h]ihnl[^[m7 @[hc_f P[lm]bsm) !Pb_ Cliqnb i` Lo\fc] !jlijlc_n‚lcim ^_ ][jcn[f! _mn[lc[g _r]foˆ^[m ^[ ][n_ailc[ ^_ !`oh]cih[*
Arj_h^cnol_7 Jch_ gi^_m &gi^_fm' i` Arjf[h[ncih!) DMKXNmXK`mKX
BYVm^mMKV
D^_NmO]%
pif+ .-)
.642) jj+ 6*0.8 L+H[le_s O^KVmm% !Pb_ilctcha [\ion nb_ Cliqnb i` Cip_lhg_hn7 = N_m_[l]b
fcmgi jŒ\fc]i!) pcmniko_ g_mgi i _rnl[ni ^_ _gjl_a[^im ^_ [fn[ml_h^[m
4]]O]]WOX^!%=Y_\XKV YPB_LVmM BYVmMc% .) .65.) jj+ .24*/4-8 @[pc^ ?[g_lih) !Pb_ Arj[hmcih _ i ^_ jli`cmmcih[cmfc\_l[cm[`fo_hn_ml_]ill_g _p_hno[fg_hn_ [im m_lpc*
i` nb_ Lo\fc] A]ihigs7 = ?igj[l[ncp_ =h[fsmcm!) 4WO\mMKX BYVm^MKV
DMmOXMO CO`mOa% pif+ 4/)
hK 1 &^_t_g\li .645'8 N+ Nim_) !Kh nb_ Llcilcnc_m i` Cip_lhg_hn!) 8_\YZOKX=Y_\XKVYP
…im^_ m[Œ^_al[nocnim+ Ag n_lgim lcailimim) n[g\†g _f_m_mn[lc[g
BYVm^mMKV CO]OK\MR% pif+ 1) hK 0 &.643'8 I[lnch D[lj_l) !Pb_ On[n_ [h^ Lo\fc] >ol_[o]l[]c_m8 [o`_lch^i \_h_`ˆ]cim ch^cl_nim^i Amn[^i+
= ?igj[l[ncp_ [h^ Dcmnilc][f j_lmj_]ncp_!) 6YWZK\K^m`OD^_NmO] mXDYMmO^c KXN;m]^Y\c%pif+
/4) hK . &d[h_cli .652' _ ni^[m [m ]ihnlc\oc…‹_m j[l[ ?b[lf_m P[sfil &_^+') GRc :Y`O\XWOX^]
:\Ya% >_p_lfs Dcffm) O[a_) .650+ fo?`+ Nim_) !Pb_ jlial[gg_ [jjli[]b ni nb_ Cliqnb i` Cip_lhg_hn!) Mm^'3
hin[ ./+
?b[g_*m_ [ n[f gi^_fi) m_m_kocm_l)^_ mi]c[fcmgi ^_ ]fc_hn_f[) _m* ]ihmcmnclc[ _g m[\_l m__g og[ mi]c_^[^_ cao[fcn‚lc[) [ LA=a m_lc[i]oj[*
j†]c_ w !\ol[]i h_ali! ko_ j[l_]c[ _mn[l[nl[ch^i ch_ril[p_fg_g_ ^[ jil li^ˆtci io m_)]igi h[m[hnconijc[m^i ncji EROCS]OYP?O\S^YM\KMc%
[mmi]c_^[^_m_m][h^ch[p[m+@cmjih i [mg[cm _f_p[^[mn[r[m ^_ oh]ci* [ mi]c_^[^_ m_lc[^cpc^c^[ _hnl_ im ij_l[^il_m _ im !_m]l[pim ^[ lcko_t[!+
h[Elmgi jŒ\fn]i ^i goh^i) ]od[ ]igjimc…„i g[dilcn‚lc[ † ^_ `oh* Ji fcgcn_bcjin†nc]i ^i gi^_fi) [j_h[m og li\Š [j_ln[lc[ og \in„i ko_
]cih‚lcim jli^otch^i _ [^gchcmnl[h^i m_lpc…im mi]c[cm^_ ni^i ncji) •]cih[lc[ og mcmn_g[jli^oncpi [\oh^[hn_) [ `caol[ ^i \oli]l[n[ chn_l*
]igj‹_g) _mm_m m_lpc^il_m)al[h^_ j[ln_ ^im \_h_`c]c‚lcim ^_mm_m
g_m* g_^c‚lci ^_m[j[l_]_lc[ _) i\pc[g_hn_) i `_hŠg_hi ^i ]fc_hn_fcmgih„i
gim m_lpc…im+.1
n_lc[ijilnohc^[^_ ^_ molacl+
@_cr[h^i [ail[ i gi^_fi Q _ mo\mncnoch^i*ij_fi gi^_fi Q%)ko_ †
[ p[fil cfomnl[ncpi^_mn[Œfncg[j[ln_ ^i _r_l]ˆ]ci ]ihmcmn_hi _h][^_[*
n[g\†g og ohcp_lmi _]ihŠgc]i*mi]c[f _g _rj[hm„i+ [ gi^_fi L# m_
g_hni ^_ l_mofn[^im^_lcp[^im ^i j[l[^cag‚nc]i _`_cni*]igjon[^il [h*
][l[]n_lct[) [i ]ihnl‚lci ^_ Q) jil chchn_llojn[ l_pifo…„i n_]hif‰ac][)
n_mg_h]cih[^i+ O_ m_a_h_l[fct[ [ c^†c[ ^_ og[ mo\p_lm„i n_]hif‰ac][
cmni†) h[ ko[f [ l_f[…„i jli^oni,][jcn[f † ]l_m]_hn_+=j_h[m og `onoli
j_lg[h_hn_) [ch^[ ko_ ]ig p_fi]c^[^_m ^cmnchn[m him ^cp_lmiml[gim ^_
jimmˆp_fm_l‚ ^_m_hb[^i j[l[ cfomnl[l[mjin_h]c[fc^[^_m ^i gi^_fi+
[ncpc^[^_)† jimmˆp_f[hn_p_l [ a_lgch[…„i ^_ n_h^‡h]c[mko_ hi fihai jl[ti
.%+= \oli]l[]c[ ]l_m]_[ n[r[ ]ihmn[hn_ch^_j_h^_hn_g_hn_ ^[ LA= _ _mn[
^_]fch[ [ j[lncl ^i jihni KZ4 bcmn‰lc]i l_p_ln[g [ n_h^‡h]c[ • \oli]l[nct[…„i ^i goh^i) KSXNK[_O MYW
M\O]MOX^O ObZKX]iYNKSX^O\`OXSlXMSK O]^K^KV'
Ag ionl[m j[f[pl[m) _g []l†m*
]cgi • chp_mnca[…„i mi\l_ im ^_n_lgch[hn_m^[ _rj[hm„i _ ^c`_l_h]c[ „i
LA= nin[f 7 fchb[ ]b_c[
LA= aip_lh[g_hn[f : fchb[ jihncfb[^[ \oli]l‚nc][m) nKlh[*m_fcEPcnmj_hm‚ _ _rj il[l [ fj‰n_m_ ^_ o_ [ [mmi]c[*
…[i_hnl_ gi _lgt[…„i) ilg[m _mn[n[cm_ioli]l[nct 7‚i*mŽd*[*_ihn€oa_h*
**************************************************************** n__ bcmnilc][g_hn_ ]ih^c]cih[^ jZ_f+i++_mn‚ac_*n*__hin‰ac!?i*:.7_]llib7lac[
jli^oncp[ _ mi% * i% hc^[^_+ = \oli]l[nct[…„i ^i goh^i h„i †
i lca[n‰lc[h_g) h_]_mm[lc[g_hn_)^_m][ln‚p_f+@_j_h^_ ^_ chp_hncpc^[^_
io ^[ `[fn[ ^_mn[+
?igi m_pco)i ohcp_lmi ^[ _rj[hm„i _ ]ihnl[…„i \oli]l‚nc][m † g[cm
h `‚]cf p_lc`c][l ko_ _mn_`onoli ]ill_mjih^_ [i `onoli [hn_lcil) ]b[* ]igjf_ri _ lc]i _g jimmc\cfc^[^_m^i ko_ [ nl[^c]cih[f ^c]]+nigc[ _hnl_
g[^i ^_ mi]c[fcmgi ^_ ]fc_hn_f[) g[m _mncjof[h^i*m_[ail[ ]ihncho[^i og[ q_\_lc[h[ _ h_onl[ \oli]l[]c[) [domn[^[[ ni^i og mcmn_g[^_ ]ig*
[og_hni h[ l_f[…„i jli^oni,][jcn[f+ =f†g ^_ j_lmcmn_hn_ _ []_hno[^[ _T* jiln[g_hni l[]cih[f*f_a[f) _ [ [h[lkoc[ ^_ og mcmn_g[^_ _mj‰fcim _g ko_
j[hm„i ^i jli^oni) [ g[cm l_f_p[hn_ ]ihm_k•‡h]c[ † [ ko_^[ jlijil]ci* imjimnim ^_ [^gchcmnl[…„ijŒ\fc][ h„i _mn_d[gmod_cnim [ h_hbog ionli
h[f ^[ LA=) m_m_g[hn†g ]ihmn[hn_ i ]l_m]cg_hni l_f[ncpi ^[ jijof[…„i ]cl]ocni ^_ ][om[fc^[^_ m_h„i i fcpl_*[l\ˆnlci chn_l_mm_cli
_ ]illojnil ^_
nin[f+Lil ]ihnl[jimc…„i [i [hn_lcil) ji^_l*m_*c[ ^_higch[l [ _mn_jimmˆ* jifˆnc]im ^_mko[fc`c][^im+O_g _rjfil[l _r[omncp[g_hn_ ]_h‚lcim l_[fcmnc*
p_f `onoli ^_ !mi]c[fcmgi ^[ [`fo‡h]c[!+ Lifˆnc][ _ mi]c[fg_hn_) [ ko_mn„i ][g_hn_ [fn_lh[ncpim)l_acmnlio*m_[ m_aochn_fcmn[^_ jimmc\cfc^[^_m_g*
jˆlc][m7

*-:_c L_n_lm)_hnl_ ionlim) momn_hn[ko_ i _gjl_ai jŒ\fc]i mo_]i _rjfi^_+ ?`+ :_c L_n_lm)
!Oq_^_h7 Pb_ Arjfimcih i` Lo\fc] Agjfisg_hl!) ch N+Nim_O^KVSS%
B_LVSM8WZVYcWOX^%YZ' MS^Y
E+= \oli]l[]c[ M\O]MO Z\YZY\MSYXKVWOX^O • LA= [ j[lncl ^_ og jihni p_. ]ig [ n_m_]fc_hn_fcmn[og[ [mmi]c[…„i_hnl_ i ]l_m]cg_hni ^[ LA=
^_ _kocfˆ\lci P h8 aip_lh[g_hn[f _ og ^_ m_ommo\]igjih_hn_m) [ jijof[…„i _]ihigc*
..+ = \oli]l[]c[ M\O]MO K ^KbKSXPO\SY\j ^[ LA= [ j[lncl ^_ og jihni PZ5 ][g_hn_ [ncp[ h[ ‚l_[ mi]c[f ^i aip_lhi) foa[l ]f‚mmc]i ^[m momj_cn[m
fE*[' jilko_ _hnl[lc[ _g ij_l[…„i) [ j[lncl ^_ PZ( i jlch]ˆjci fcgcn[ncpi ^_ ]fc_hn_fcmgi) m_g ]ih_r„i ]ig i ko_ ko_l ko_ _mn_d[i]ill_h^i
^i `[mnciila[hct[]cih[f8 ]ig [m^_g[cm ko[hnc^[^_m ^[ _]ihigc[+ h ijilnohi) _hn„i) _r[gc*
EE*\' jilko_ m_n_lc[g jli^otc^i l_pifo]cih‚lc[m chip[…‹_m ila[hc* h[l [ _pc^‡h]c[ \l[mcf_cl[ ^cmjihˆp_f ]ihnl[ i j[hi ^_ `oh^i ^[m n_h*
t[]cih[cm) [og_hn[h^i [ jli^oncpc^[^_ \oli]l‚nc][8 ^‡h]c[m jimmˆp_cm+Ag j[lnc]of[l) jl_mn[h^i lcailim[ [n_h…„i him
fE*]' jilko_ [ n_h^‡h]c[ ^_]fch[hn_ l_f[ncp[ m_lc[l_[f) _g m_ag_hnim^[ mchnig[m^_ ]fc_hn_fcmgi ko_ im hŒg_lim [al_a[^im jimm[g _mn[lmo*
\oli]l[]c[) [ n[r[m moj_lcil_m [i ]l_m]cg_hni ^_mg_mol[^i _ cll[* \_mncg[h^i+ I[n†lc[ chp_mnca[^[hi jl‰rcgi ][jˆnofi+
]cih[f ^_ [faohmionlim m_ag_hnim^i `oh]cih[fcmgi8
Y* = \oli]l[]c[ ]l_m]_)m_g chn_lloj…„i) [ n[r[ moj_lcil j ^[ LA= [n†
]ih`oh^cl*m_ chn_cl[g_hn_ ]ig _mn[+
ER = \oli]l[]c[ ]l_m]_ [ n[r[ ]ihmn[hn_ ch^_j_h^_hn_g_hn_ ^[ LA= _
_mn[ n_h^_ [i ^_]fˆhci [ j[lncl ^_ PZ &l_f[…„ijli^oni,][jcn[f ]l_m*
]_hn_'+

@_p_*m_[]l_m]_hn[l j fcmn[og[ bcj‰n_m_ko_) m_g ^Œpc^[) _rjl_mm[lc[


]ig jl_]cm„i i ^c[ah‰mnc]i]fc_hn_fcmn[+ Rcmniko_) _g n_m_)[ [^gchcm*
nl[…„i jŒ\fc][ `oh]cih[lc[ ]igi og mcmn_g[^_ _mj‰fci)[i m[\il ^im
pif‚n_cmchn_l_mm_m ^i _mn[g_hni jifˆnc]i) m_lc[^_ _mj_l[l ko_ _f[ ]l_m*
]_mm_]ihmn[hn_g_hn_) ch^_j_h^_hn_g_hn_ ^_ p[lc[…‹_m h[m ^_g[cm
ko[hnc^[^_m l_f_p[hn_m^[ _]ihigc[ _ ^[ mi]c_^[^_+ J_g [ n[r[ ^_ ]l_m*
]cg_hni ^[ LA= io ^[ _pifo…„i ^i jli^oni jli^otclc[g cgj[]ni g[cil
h[m ko[hnc^[^_m \oli]l‚nc][m) _g jlcg_cli _ jlch]cj[f foa[l jilko_ [
][jnol[ ^im foa[l_m jŒ\fc]im h„i m_`[t _r]fomcp[g_hn_ j_f[ mo\mncnoc*
…„i ^im jl_]_^_hn_m i]oj[hn_m) _r]_ni hi ko_ ]ih]_lh_ [i m_nil hi)*
\l_ ^[ [^gchcmnl[…„i jŒ\fc][ * [ [^gchcmnl[…„i ch^cl_n[ ^_ al[h^_m
]ilji l[…‹_m_ [a‡h]c[m l_aof[n‰lc[m+Ag l_f[…„i j [^gchcmnl[…„i ]_h*
nl[fct[^[) i ko_ m_^_p_lc[ _h]ihnl[l) ]ig g[cil jli\[\cfc^[^_) [ m_l
jli]_^_hn_ [ bcj‰n_m_ ]fc_hn_fcmn[)m_lc[og[ p[lc[…„i [f_[n‰lc[ ^[ ji*
jof[…„i _]ihigc][g_hn_ [ncp[ hi m_nil aip_lh[g_hn[f &LA=a') ch^_*
j_h^_hn_ ^[ LA= nin[f _ ^[ _pifo…„i ^i jli^oni) g[m ^_j_h^_hn_ ^im
[t[l_m ^[ ]igj_nc…„i jifˆnc][+ =fn_lh[ncp[g_hn_) m_lc[[ch^[ ]igj[nˆ*
@_jicm ^im _r_l?f?fKO [\mnl[nim mi\l_ g_][hcmgim) fcgcn[…‹_m_
]ih^c]cih[hn_m _r‰a_him j _pifo…„i \oli]l‚nc][) † n_gji ^_ ^[l chˆ]ci
• [jl_m_hn[…„i^[m _pc^‡h]c[mh[]cih[cm+=]_cn[h^i i [laog_hni ^_ ko_ [
a‡h_m_^[m\oli]l[]c[m) _g j[lnc]of[l ^[ \l[mcf_cl[)mo[]igjimc…„i _ chm_l…„i
h[ml_^_m^[mchn_l[…‹_m ^_ ji^_l h[^[ n_g ^_ nlcpc[f)]ihncho[ _g ^cmjon[
[ bcj‰n_m_ ^_ ko_) h„i i\mn[hn_ [m[nlc\oˆ^[m ]igjf_rc^[^_m ^[ g[n†lc[)
h_hbog ]igjlip[hn_ `ic _rc\c^i ko_ ]ihnl[lc[mm_^cl_n[g_hn_ [ bcj‰n_m_
]fc_hn_fcmn[+
P_ilc][g_hn_) m[\_*m_ ko_ † jimmˆp_fko_ _f_)i ]fc_hn_fcmgi)h„i
_rcmn[m_h„i l_mc^o[fg_hn_ _g ]_ln[mmi]c_^[^_m)g[m b‚) jil ionli f[^i)
[\oh^[hn_m ]igjlip[…‹_m ^_ ko_ ^igch[ [ pc^[ ^_ [faog[m h[…‹_m+ Ji
>l[mcf)[ ]_ln_t[ ^_ ko_ [ jifˆnc][ h[]cih[f † ]ihnlif[^[ _ ]ih^otc^[)
g[dilcn[lc[g_hn_) jil jifˆnc]im ]fc_hn_fcmn[m) † og ^im chal_^c_hn_m^i
[f_cn[g_hni g[n_lhi) ]ill_c[ nl[hmgcmmil[^[ [j[l_hn_ cg_gilc[f h_]_mmc^[^_
^_ g_l][^_d[l [jicim) \_h_`ˆ]cim) pinim) ^_ h_]_mmc^[^_]ihp_lnc^[) jil
[^[jn[…„i) _g b‚\cni) _ ^im b‚\cnim • gon[…„i _mnlonol[f him [a_hn_m
l_mjihm‚p_cmj_f[ l_jfc][…„i ^im ch^cpˆ^oim+@_ og gi^i io ^_ ionli)
]ihnl[^ct_h^i io h„i [m_mj_]of[…‹_m [\mnl[n[m)jl_mog_*m_ko_ [ \oli]l[]c[
jŒ\fc][ \l[mcf_cl[ † \[mn[l^[) j_f[ `ilg[ ^_ chal_mmi)j_fi n[g[hbi) j_f[
]igjimc…„i _ j_f[ f_hc‡h]c[ _ ]ogjfc]c^[^_ ]ig .---,- ^im ncjim ^_
`l[o^[^il_m io jl_^[^il_m ^[ f_c+=im ^[^im) jicm+
?ig_…[h^i j_f[ ^cmnlc\oc…„i m_nilc[f^im ij_l[^il_m _mn[n[cm hi >l[*
mcf)im^[^im \[mn[hn_[al_a[^im mi\l_ [mjlijil…‹_m l_f[ncp[m[ LA=) LA=a)
LA=m)LA=n_ LA=m_]* ]odi ]‰^cai _h]ihnl[*m_ [ m_aocl* _mn„il_jli*
^otc^im h[ n[\_f[ _ hi al‚`c]i m_aochn_m+
P=>AH= - ?ih`cl[) [hn_m^_ no^i) i chn_lp[fi n_gjil[f ^[m ]igj[l[…‹_m+ ?ogjlch*
Lijof[…„i _]ihigc][g_hn_ [ncp[ &LA=' ^i i [hŒh]ci ^_ ko_ m_jli]_^_lc[ [ ]igj[l[…‹_m chn_ln_gjil[cm [i fihai ^_
]igi # ^[ jijof[…„i nin[f8 LA= aip_lh[g_hn[f) mi]c[f) ^†][^[m) [ n[\_f[ jimn[ • ^cmjimc…„i^i f_cnil i`_l_]_ ]ch]i ^†][^[m) ]chk•_h*
n_l]c‚lc[ _ m_]oh^‚lc[ ]igi # ^[ LA= nin[f
n[ [him ^_ _mn[nˆmnc][m) ]ih]_hnl[^[m _g m_n_jihnim hi n_gji+ J„i m__mn‚
.61- .62- .63- .64- .65-
_mj_]of[h^i) h_mn[chp_mnca[…„i)mi\l_ l_mofn[^im _ gocni g_him n_h^‡h]c[m
.66- .666
[ j[lncl ^_ jio]i _rjl_mmcpim^icm jihnim hi n_gji &g_mgi _g m_nl[n[h^i
LA=,jij 2-)50 13)5/ 13)26 11)55 16)/1 10)6. 16)14
^_ jihnim ^_]_h[cm') j[l[ h[^[ ^ct_l ^[m ch`_l‡h]c[m chn_cl[g_hn_ pofh_l‚*
LA=afLA= /)41 /)66 0).0 0)6 0)65 1)50 1).5 p_cm)g_ni^ifiac][g_hn_) _g ko_ ^icmio nl‡m[him ]ihnˆaoim io) hi g‚rcgi)
LA=m,LA= .)26 /)00 0)0/ 2).5 3)54 5)1 5)21 ^o[m _f_c…‹_m) m„i [m Œhc][m_pc^‡h]c[m [ momn_hn[lgcl[\if[hn_m a_h_l[fct[*
LA=n,LA=
…‹_m+ Ahnl_ ][^[ ^icm jihnim mo]_mmcpim hi al‚`c]i _h]ihnl[g*m_ h„i ^o[m
.5)02 .6)31 /1)-3 /1)50 /6)43 00)10 00).1
_f_c…‹_m) g[m ^_t [him ^_ gipcg_hni g[n_lc[f ^[ mi]c_^[^_ _ † \[mn[hn_ cg*
LA=m_],LA= .-)1 .1)/ ./)6 .4)6 /1)6 /.)6 .4)1 jlip‚p_f ko_ og jli]_mmi ij_l[mm_ jil n[hnim [him m_g ^_cr[l g[l][m hcnc*
Bihn_m7Lijof[…„i) .66.7 ?_hmi @_gial‚`c]i) .66.+ ^[g_hn_ i\m_lp‚p_cm _ ^_ ch^cm]onˆp_fmcmn_g[nc]c^[^_+N_p_d[) jil i\m†koci)
Konlim ^[^im) .66-7 =ho‚lci Amn[nˆmnc]i
^i >l[mcf).66/+
[ n[\_f[ _ i al‚`c]i) _ []igj[hb_ [ chn_ljl_n[…„i ko_ jlijihbi j[l[ [g\im+
@[^im) .6667 qqq+c\a_+aip+\l &LJ=@) .666'+
Ag jlcg_cli foa[l) p_lc`c][*m_ko_) ]ihnl[lc[h^i [ n_m_^[ ^cmnlc\oc…„i^_
LJ=@7 ch]fomcp_[mj_mmi[m]ig c^[^_ cahil[^[+ Ar]fomcp_[ jijof[…„i ^_ ‚l_[m lol[cm^_7 NK) =?)
=I) NN) L=) =L+ _mj‰fcim) † i ]l_m]cg_hni ^[ jijof[…„i _]ihigc][g_hn_ [ncp[ ^i m_nil m_*
K\m_lp[…‹_mmi\l_ lo\lc][m7 LA=a* [^gchcmnl[…„ijŒ\fc][8 LA=m* mi]c[f8LA=n* n_l]c‚lci8 LA=m_] ]oh^‚lci ko_ p[lc[ ^_ g[h_cl[ og n[hni [f_[n‰lc[ &_g `oh…„i ^[m n[r[m ^_
* m_]oh^‚lci8 n_l]c‚lci7 ]ig†l]ci ^_ g_l][^ilc[m) jl_mn[…„i^_ m_lpc…im)
nl[hmjiln_ _ ]igohc][…„i+ _gjl_ai _ ^_m_gjl_ai') _hko[hni [ LA= aip_lh[g_hn[f _pifoc ]ih`ilg_
l_f[…„i \[mn[hn_ _mn‚p_f_g l_f[…„i • LA= nin[f+J„i m„i c^_hnc`c]‚p_cm[fn_l[*
CN|BE?K . …‹_m \lom][m h[ nl[d_n‰lc[^[m ko[hnc^[^_m l_f[ncp[m[i m_lpc…ijŒ\fc]i) i ko_
LA=,Lij8 LA= Cip_lh[g_hn[f8 LA= Oi]c[f8 LA= P_l]c‚lci m_lc[i ][mi m__mn[m ko[hnc^[^_m) ]igi momn_hn[gim [^pia[^im ^[ bcj‰n_m_
]fc_hn_fcmn[) _mncp_mm_g _rjimn[m [ chn_l`_l‡h]c[m _rnlˆhm_][m •mh_]_mmc^[^_m
3-
l_[cm^i mcmn_g[_]ihŠgc]i*mi]c[f+ K\m_lp[*m_)[i ]ihnl‚lci) ko_ i ]l_m]cg_hni
2-
[\mifoni ^[ LA= aip_lh[g_hn[f g[hn†g og[ ]ill_mjih^‡h]c[ mch]lŠhc][ •
_pifo…„i ^[ LA= ^i n_l]c‚lci) [ ko[f) jil m_onolhi) m_^‚ ^_ `ilg[ l_f[ncp[*
1- g_hn_ ch^_j_h^_hn_ ^i ]l_m]cg_hni ^i jli^oni chn_lhi \loni+
= \oli]l[]c[ ]_hnl[fct[^[ \l[mcf_cl[ j[l_]_ b[p_l []igj[hb[^i i ]l_m*
0-
]cg_hni ^i m_nil n_l]c‚lci) _g a_l[f) l_p_f[h^i l_^otc^[ m_hmc\cfc^[^_ •
/- _rj[hm„i ^i m_nil _mj_]c`c][g_hn_ mi]c[f+N_cn_l[h^i [ chn_ljl_n[…„i) [ail[
j_f[ pc[ h_a[ncp[) h„i nl[hmj[l_]_ him hŒg_lim [ _rcmn‡h]c[ ^_ _mm_h]c[f
.-
io `iln_ [mmi]c[…„i _hnl_ im []l†m]cgim g[lach[cm hi n[g[hbi nin[f ^[
\oli]l[]c[ ]_hnl[fct[^[ _ im [og_hnim+ g[lach[cm hi hŒg_li ^_ `oh]cih‚*
K
.61- .62- .63- lcim ^i m_nil ^_ [ncpc^[^_m mi]c[cm+Emni† [nˆjc]i) _g l_f[…‹_m^_ ]fc_hn_f[)
_g\il[ m_d[]igog • _rj_lc‡h]c[ ^_ j[ˆm_mko_ h„i m„i ]f[mmc`c][^im]igi
A)') LAJjij *i* LA=afLA= **+* LA=m,LA=*P* LA=n,LA= A ]fc_hn_fcmn[m)
]igi m_^_m]l_p_l‚ [ m_aocl+Km ch^c][^il_m l_jli^otc^im
domnc`c][g)_g ]ihm_k•‡h]c[) [m^Œpc^[m_rjimn[m mi\l_ [ bcj‰n_m_ ^_ ko_ CN|BE?K /
[ \oli]l[]c[ m_n_hb[ _rj[h^c^i) hi >l[mcf)]igi og[ `oh…„i `cmcif‰ac][ +*) aip,mi]c[f _ LA= aip,n_l]c‚lci
^[ _rj[hm„i ^_ og Amn[^i ][lnilc[f _ j[n_lh[fcmn[) _mj_]c[fg_hn_ h[ [^*
gchcmnl[…„i^cl_n[ ^_ mo[mjifˆnc][m mi]c[cm+ /)-

Ag l_`il…i ^[m^Œpc^[m)hin_ ko_ [ n[\_f[ / [jihn[ j[l[ [ _mn[\cfc^[* .)5

^_ ^[ l_f[…„i jlijil]cih[f _hnl_ [ _pifo…„i ^[ LA= aip_lh[g_hn[f _ [ ^[ .)3

LA= ^i n_l]c‚lci) _hko[hni [ jlijil…„i ][c ko[h^i † [ LA= ^i mi]c[f ko_ .)1

† nig[^[ ]igi l_`_l‡h]c[+ Ko m_d[)i `oh]cih[fcmgi aip_lh[g_hn[f [o* .)/

g_hn[ m_aoh^i l_f[…„i _mn‚p_f]ig i m_nil n_l]c‚lci _) moljl__h^_h^i .)-

h_a[ncp[g_hn_ [ bcj‰n_m_ ^[ ^cmnlc\oc…„i ^_ _mj‰fcim)


_mm_ g_mgi ko[^li -)5

`oh]cih[f m_l_^ot) jlijil]cih[fg_hn_) ko[h^i i nin[f ^_ _gjl_a[^im him -)3

m_lpc…im mi]c[cm† [ g†nlc][ [^in[^[ j[l[ [p[fc[…„i+=al_a[^[g_hn_) cmni -)1

mcahc`c][ko_ i ]l_m]cg_hni ^[ LA= ^i m_nil mi]c[f ^i mcmn_g[)momj_cn[ -)/


jlch]cj[f ^i _hl_^i) h„i _mn‚nl[t_h^i _g\onc^i h_hbog ]l_m]cg_hni ^[ -)-
.61- .62-
LA= aip_lh[g_hn[f [ jl_n_rni ^_ [^gchcmnl[…„i ^_ hipim jlial[g[m
jijof[l_m+ K al‚`c]i /) ko_ cfomnl[_mm[m ^o[mjlijil…‹_m nilh[ g[cm ]f[li
i ko_ [ n[\_f[ jlcgcncp[ ^_m]l_p_+
P_h^i ]igi _pc^‡h]c[mim [al_a[^im ^_ al[h^_m ko[hnc^[^_m) h„i
/
P=>AH= _rcmn_momn_hn[…„i pcmˆp_f_ mcmn_g‚nc][j[l[ [ bcj‰n_m_ ]fc_hn_fcmn[)m_g
LA= ^[ [^gchcmnl[…„i jŒ\fc][ ]igi jlijil…„i ^[ _g\[lai ^_ m_ojl_mnˆaci bcmn‰lc]ih[ fcn_l[nol[ h[]cih[f _ chn_lh[]cih[f+
LA= ^i m_nilmi]c[f _ ^[ LA= ^i n_l]c‚lci $"% J„i i\mn[hn_) m_lc[^_ _rnl_g[ cha_hoc^[^_ cg[ach[l ko_ h„i _rcmn[hi
.61- .62- .63- .64- .65- .66- .666 mcmn_g[ [^gchcmnl[ncpi jŒ\fc]i \l[mcf_cli [kocfi ko_ † _h^‡gc]i h[mmi]c_*
LA=a,LA=m .)41 .)0 -)61
^[^_m gi^_lh[m) cmni†) l_f[ncp[ pofh_l[\cfc^[^_ ^i [j[l_fbi ^_ Amn[^i [
-)42 -)25 -)24 -)16
LA=a,LA=n -).2 -).2 -).0 -).6 -).0 -).1 -).0
ni^im im ncjim ^_ alojim ^_ jl_mm„i)[f†g ^_ l_cn_l[^im _r_gjfim ^_ nli*
Bihn_m7Lijof[…„i) .66.7 ?_hmi @_gial‚`c]i .66.+
][ ^_ `[pil_m _hnl_ [ _m`_l[jŒ\fc][ _ [ _m`_l[jlcp[^[+ I[m l_jcn[*m_)_h*
Konlim ^[^im) .66-7 =ho‚lci Amn[nˆmnc]i
^i >l[mcf .66/+ `[nc][g_hn_) ko_ h„i m„i i\d_…‹_m[i l_]ihb_]cg_hni ^_mn_`_hŠg_hi i
@[^im) .6667 qqq+c\a_+aip+\l &LJ=@) .666'+ ko_ m_[jl_m_hn[ h_mn[chp_mnca[…„i+ K ko_ b‚ ^_ ^cm]onˆp_fh[ bcj‰n_m_+
LJ=@7 ch]fomcp_[mj_mmi[m]ig c^[^_ cahil[^[+ Ar]fomcp_[ jijof[…„i ^_ ‚l_[m lol[cm ^_7 NK) cmnimcg)l_`_l_*m_• g[ahcno^_ _ fi][fct[…„i ^[ j_lp_lm„i \oli]l‚nc][ jil
=?) =I) NN) L=) =L+
K\m_lp[…‹_mmi\l_ lo\lc][m7 LA=a * [^gchcmnl[…„ijŒ\fc][8 LA=m* mi]c[f8 LA=n* ]ig†l]ci ^_
g[hcjof[…‹_m _f_cnil[cm+
g_l][^ilc[m) jl_mn[…„i^_ m_lpc…im)
nl[hmjiln_ _ ]igohc][…„i+ K _r*H_pc[n„\l[mcf_cli) i ko_ ]ig_…io [ m_lmo\mncnoˆ^ih[ ^†][^[ ^_
.66-) _rc\c[) m_g^Œpc^[)]_ln[ ch`f[…„i^_ j_mmi[f[^gchcmnl[ncpi_g ‚l_[m
_mj_]ˆ`c][m+Ag [faog[m ^_f[m)[ _r]l_m]‡h]c[ _l[ pcmˆp_f+ J[nol[fg_hn_) [
_rj_lc‡h]c[ ^cl_n[ ]ig m_lpc…im jŒ\fc]im^_ f[mncg‚p_fko[fc^[^_ jl_^cmj‹_
[mj_mmi[m[ ijchc‹_m l[^c][fg_hn_ h_a[ncp[m+ ?[mim^_ [j[^lchb[g_hnim _
^_ jl‚nc][m ]K`n^_h‚p_cmhi l_]lon[g_hni ^_ j_mmi[f m„i g[n†lc[m /4)3# ^im l_mj_]ncpimjli^onim h[]cih[cm \lonim+= ^c`_l_h…[_hnl_ [ jli*
`l_k•_hn_g _hn_l_f[n[^[mj_f[ cgjl_hm[) i ko_ † ch^cmj_hm‚p_f [i _r_l]ˆ]ci jil…„i ^[ j[lnc]cj[…„i _mn[n[f\l[mcf_cl[ hi LJ> _ [ ^im ^_g[cm j[ˆm_m)h[
^_ [faog ]ihnlif_) dolˆ^c]i j_fi g_him) ^[ ij_l[…„i ^c‚lc[ ^[mchmncnoc…‹_m g_mg[ ]f[mm_^_ l_h^[) n[g\†g h„i m__rjfc][ j_f[ ^c`_l_h…[him a[mnim)
_mn[n[cm+Arj_lc‡h]c[ j_mmi[f _ ch`ilg[…„i mig[g*m_ j[l[ [nlc\ocl `iln_ g[m l_mofn[hn_^[ ]igj[l[…„i ^cl_n[ _hnl_ [ml_h^[mZO\ MKZS^Kchnl[]f[mm_7
]l_^c\cfc^[^_ j c^†c[^_ ko_ _rcmn_gpˆ]cimh[ [^gchcmnl[…„i^i aip_lhi+ [ l_h^[ g†^c[ ZO\ MKZS^K^[ko_f_mj[ˆm_m_l[ ^_ QO" /+116 _ [ ^i >l[mcf)
K ^c[ah‰mnc]i† chn_cl[g_hn_ ]ill_ni+ Iocni fiha_) ni^[pc[) ]igi i QO" /+/1-+ J[ l_[fc^[^_) _rcmn_gijchc‹_m gocni \_g `oh^[^[m ^_ ko_ †
][jˆnofi .. ch^c]io) ^_ domnc`c][l i p_l_^c]ni ^_ ko_ ni^im im foa[l_m^[ \o* domn[g_hn_i l_^otc^i gihn[hn_ ^_ a[mni jŒ\fc]i i jlch]cj[f l_mjihm‚p_f
li]l[]c[ ]_hnl[fct[^[ _h]ihnl[p[g*m_ ^cmjihˆp_cmj[l[ nli][m hi g_l][^i j_f[ l_mcmn_hn__mn[ah[…„i^[ _]ihigc[ \l[mcf_cl[ him [him l_]_hn_m+
^_ pinim+I_him []_ln[^i [ch^[ mojil ko_ [mch_a‚p_cm_ _hilg_m ^_`c]c‡h* ?ihp†g l_acmnl[li ko_ [j[l_]_ ]ig g[cm `l_k•‡h]c[ h_mn[]igj[l[*
]c[mij_l[]cih[cm ^i Amn[^i _rjl_mm_g i j[l[^ir[f l_mofn[^i ^_ og[ …„i^_ ch^c][^il_m _hnl_ j[ˆm_mg[n_lc[fg_hn_ g[cm \_g [`ilnoh[^im+
jlipi][^[ _f_`[hnˆ[m_hi ko[^li ^i `oh]cih[fcmgi+ Qg[ ]igj[l[…„i ch* Jchao†g ^clc[ ko_ Amn[^imQhc^im)En‚fc[)Amj[hb[ _ Oo†]c[ n_hb[g j_l*
n_lh[]cih[f ^_ [faog[m ^cg_hm‹_m^i _r*H_pc[n„\l[mcf_cli)[i `cg ^i j_lˆi^i p_lnc^i i ][l‚n_l ^_gi]l‚nc]i ^_ m_oml_acg_m jil ]ihn[ ^_ _r[a_l[^[
gcfcn[l) [do^[l‚ [ c^_hnc`c][l]ig g[cil jl_]cm„i [m‚l_[m _ [ _rn_hm„i _g j[lnc]cj[…„i _mn[n[fhi LJ>+ Ji _hn[hni [mjil]_hn[a_hm ]ill_mjih^_h*
ko_ [ n_m_]fc_hn_fcmn[ [^kocl_ []_cn‚p_f]ihmcmn‡h]c[+ Lil `cg) m_l‚[jl_m_h* ^O]_l[g [mm_aochn_m7 /0)1# &AQ=')14)0# &En‚fc[')/4)0# &Amj[hb[' _
n[^i og l_nl[ni hog†lc]i ^i >l[mcf\oli]l‚nc]i ]ihn_gjilƒh_i+ 10)4# &Oo†]c['+@i goh^i lc]i) [j_h[m i F[j„i m_[mm_g_fb[p[ [i >l[mcf)
h \[mn[hn_ jlip‚p_f ko_ i f_cnil m__mj[hn_ [hn_m]ig [ _rn_hm„i ^[m ]ig og[ n[r[ ^_ .6# ^_ j[lnc]cj[…„i ^i m_nil_mn[n[fhi jli^oni \loni+
^_`c]c‡h]c[m^i ko_ ]ig im _r]_mmim^im hŒg_lim l_[cm+?ig `l_k•‡h]c[) O_† p_l^[^_ ko_ [ Ooˆ…[[jl_m_hn[p[ j[l]im .5)0# ^_ j[lnc]cj[…„i ^i
g[n†lc[ chncg[g_hn_ [mmi]c[^[ • _`c]c‡h]c[ ij_l[]cih[f ^i Amn[^i) ]odi m_niljŒ\fc]i _g m_oLJ>) n[g\†g † p_l^[^_) hi _rnl_gi ijimni) ko_ [
ˆh^c]_ ^_j_h^_ ^i n[g[hbi _ ko[fc`c][…„i ^i ko[^li `oh]cih[f) † ]ih* j[lnc]cj[…„i _mn[n[fbif[h^_m[ [f][h…[p[ _rnl[il^ch‚lcim 22)2#+
`oh^c^[ ]ig jif‡gc][m jl_pc^_h]c‚lc[m) _g jl_doˆti ^i _hn_h^cg_hni ^_ K Amn[^i\l[mcf_cli m‰ _l[ aca[hn_m]i)h[ko_f[ ^†][^[) ^c[hn_ ^i Amn[^i
[g\[m [mko_mn‹_m+ L[l[ g_fbil ]igjl__hm„i ^[ _mm‡h]c[ ^[ jl_m_hn_]ih* oa[h^_hm_) ]ig m_om0)/# ^_ j[lnc]cj[…„i hi LJ>+ Ko ^im ^_ C[h[
nlip†lmc[) [\[h^ih[*m_ i _f_p[^i hˆp_f ^_ [al_a[…„i ^_ ko[hnc^[^_m _ m_ &.-). #') J_j[f &.0)1#' _ ^i =fni Rifn[ &.1)3#'+ L_l[hn_i Amn[^ich^c[hi
_r[gch[ [ mojimc…„i^_ ko_) him g_[h^lim ^_ ^[^im chi]_hn_g_hn_ [al_* &.1#' i \l[mcf_cli ji^c[ [j[l_]_l ]igi _r[a_l[^i+ I[m d‚ h_g n[hni ^c[h*
a[^im) ]igi im [jl_m_hn[^im [i chˆ]ci ^_mn_][jˆnofi) _m]ih^_*m__mjŒlc[ n_^im Amn[^imm[fp[^il_hbi _ n[cf[h^‡m&[g\im ]ig .5)2# ^_ j[lnc]cj[*
]igj_nc…„i jil l_g[h_d[g_hni _ i`_ln[ chn_l_mm_cl[ ^_ ][laim+ …„i_mn[n[f')io g_mgi _ko[nilc[hi &.4).#'+ Ani^im _mn_m ][miml_`_lc[g*m_
@_m^_.651 ko_ chmomj_cnim l_f[n‰lcim^_ [a‡h]c[mchn_lh[]cih[cmjli* [ j[ˆm_m]ig l_h^[ ZO\ MKZS^Kj_fi g_him nl‡mp_t_mch`_lcil • \l[mcf_cl[+
^ot_g ^[^im ]igjlip[h^i [\oh^[hn_g_hn_ ko_ i >l[mcfjimmocog Amn[8 @_ko[fko_l gi^i) chmcmn_*m_ h[ n_m_^_ ko_ [ j[lnc]cj[…„i ^i aip_lhi
^i g[cm j[l[ mipch[ ^i ko_ j[l[ j_l^of‚lci+. = ]ig_…[l j_fi pifog_ ^_ h[ _]ihigc[) m_d[ko[f `il mo[g[ahcno^_) n_lc[^[^i foa[l j ][hc\[fct[…„i
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\cl [ko_f_ [l m_hbilc[f ^_ ko_g [n_h^_ [ og ^cl_cni ]igi m_]ih]_+ h…i+][ln_fct[^i io ifcaijifct[^i) _g\il[ ]f[h^_mnchi) j[l[ _m][g\i
^_mm_og `[pil, ^_ p[fil_m _hnl_ ch^cp‰^oim_g f[^im ijimnim ^_ og aoc]bˆ cg[achƒ+
A[^[ ila[hct[†…i ^_]il[ [ml_al[m ^_ ]igjiln[g_hni ]iljil[ncpi lci ,,x m_g_fb[h†[ ^_ og g_l][^i fcpl_ _ f_a[f) no^i [‰m_ji^_ nli][l)
h[ mi]c[fct[†…i ]ig [m^_g[cm) c^_hnc`c][h^i fcgcn_m)[p[fc[h^i i p_l+ _mn[h^i [m nl[hm[†Œ_mmod_cn[m _r]fomcp[g_hn_ ‚ ^cmjimc†…i^_ ko_g
^[^_cli ji^_l ][om[f og[m ^[m ionl[m) h[ ^ojf[ pc[ ^_ `[t_l io ^_ p_h^_ _ ‚ [mjcl[†…i ^_ ko_g ]igjl[, L[ l_[fc^[^_) [mijilnohc^[^_m)
cgj_^cl ko_ m_`[†[) i ko_ mi\l_jŒ_ ‚ jlcg_cl[ og[ m_aoh^[ n_c[ ^_ n[hni ko[hni [m]ih^c†Œ_mj[l[ ko_ i][mcih[cm nl[hm[†Œ_mm_d[g \_g+
]ih_rŒ_m) l_al[m) ]i[fctŒ_m _ bc_l[lkoc[m) h…i l_mnlcn[[im [mmohniQ mo]_^c^[m)^_j_h^_g) [f‡g ^im ]igjl[^il_m _ ^im p_h^_^il_m) ^[ [^+
^ig‡mnc]im ^_ ][^[ og[) [hn_m_mn[\_f_]_h^i im []il^im _ nl[n[^im ^_ gchcmnl[†…iila[hct[]cih[f ^_mm[m ijilnohc^[^_m _ ^im g_][hcmgim ^_
nif_l„h]c[ g•no[ ko_ ^_p_g i\m_lp[l, L[nol[fg_hn_) ni^i _mm_ j[j_+ p[fc^[†…i ^[m nli][m _rnl[f_a[cm, P_al[m _ bc_l[lkoc[m ^_`ch_g i
fŠlci _ ]ihmncnoc†Œ_m h…i_m]lcn[m_mn…i mod_cnim ‚mg_mg[m n_hn[ncp[m^_ gi^i ^_ ij_l[†…i ^_ og[ \oli]l[]c[ jl_]cm[g_hn_ h[ g_^c^[ _g ko_)
pcif[†…i _ `l[o^_ ^_ chm[ncm`_cnim g_g\lim %]if_ncpim&^i ]ih]_lni [i `[tˆ+Gi) _lao_g [m\[ll_cl[m ]ihnl[ [mko[cm m_]bi][g im [^p_hn‰+
]cim ko_ [ _f[ ^_m_d_gn_l []_mmi, ? _mnlonol[ ^[ ila[hct[†…i ‡ og ^im jim ^_ chn_l_mm_ _ g_g\lim ch^cpc^o[cm^[ \oli]l[]c[) igcnch^i [ l_+
]igjih_hn_m ][om[cml_mjihmƒp_cmj_f[ ko[fc^[^_ ^i jli^oni `ch[f) [i f_p„h]c[ ^i ncji ^_ _mnlonol[ ]ig [ ko[f im alojim h_ai]c[g j[l[ i
ko[f cgjlcgco `ilg[ _ _mn[gj[ ^_ ][o†…i, L…i ‡) ^_ gi^i [faog) og l_mofn[^i ^[m nl[n[ncp[m,Cg a_l[f) im _mno^cimim^[m ila[hct[†Œ_m cahi+
ji^_l chi]_hn_, Sg ila[hial[g[ h…i ‡ og ilh[g_hni) g[m i ]Š^cai l[g im n_]hi]l[n[m _hko[hni im [h[fcmn[m^im alojim ^_ chn_l_mm_
^_ ^cmnlc\oc†…i^_ ji^_l h[ ila[hct[†…i, L[nol[fg_hn_) ko_g i ^_+ ^_m]ihmc^_l[g [ chn_lg_^c[†…i ila[hct[]cih[f, / Mmjliginil_m ^[
n‡g jl_n_h^_ g[hnˆ+Gi) ^_ ih^_ i lcm]i ^_ ifca[lkoct[†…i ^[m _mnlono+ bcjŠn_m_^[ _`c]ƒ]c[ ][om[f ^i nl‰jnc]i]fc_hn_f‰mnc]i) jif‰nc]im+\oli]l[+
l[m, RŠjc]i ][li [ Pi\_ln Kc]b_fm, n[m+alojim ^_ chn_l_mm_) ko_ i ^…i jil ch`[f‰p_f][l[]n_l‰mnc][^im j[‰+
m_m_g ^_m_hpifpcg_hni) [laog_hn[g ]igi m_h_g i ]ihdohni ^_
N[mm[^im]_g [him ^[m [^p_lnˆh]c[m ^_ Pi\_ln Kc]b_fm) i [`ilcmgi
\oli]l[n[m) h_g [mila[hct[†Œ_m _ h_g im alojim ^_ chn_l_mm_ ]ihnlc+
ko_) ]ih^_hm[h^i im [pcmim)]ihm[alio i [onil + [ f_c^_ `_lli ^[ ifc+
\o‰mm_g m_ko_l]ig g‰hcg[ j[l]_f[ ^_ _`c]ƒ]c[ ][om[f j[l[ ko_ m_]ih+
a[lkoc[8 ko_g ^ct ila[hct[†…i ^ct ifca[lkoc[ + mi\l_pcp_ _g ][ncp_c+
mog_ _ j_l^ol_ i g[nlcg‹hci `_fct _hnl_ i jon[ncpi jif‰nc]i `cmcifŠac]i
li l_nŠlc]i) og l_]olmi cfomnl[ncpi_hnl_ n[hnim ^_mnch[^im[ mom]cn[l ( • _ i ijilnohcmn[ _f_cnil l_]‡g+]ihnl[\[h^_[^i j[l[ ^_hnli ^[ gƒkoc+
h[ [o^cˆh]c[) n_gil j_fi jl_m_hn_) _hko[hni ionlim [^ƒacim [mmomn[g
h[ _mn[n[f,
i [o^cnŠlci ]ig n_llil_m `onol‰mnc]im8 [ko_f_ ko_ ]ig `_lli `_l_ ]ig Q_aoh^i i ^c[ahŠmnc]i) [ oncfct[†…i^im l_]olmim _ jimc†Œ_m^i Cmn[+
`_lli m_lƒ`_lc^i) jil _r_gjfi, Qoljl__h^_ [ h_afcaˆh]c[ ^[m $[hƒfcm_m ^i ]igi jl_\_h^[m) [ n‰nofi^_ l_]igj_hm[) `[pil io \_h_pifˆh]c[) m_
cfomnl[^[mjil l_`_lˆh]c[m !gc]b_fc[h[m! ko[hni [i _`_ncpi j_mi ][om[f _hl[‰t[hi @l[mcf)j[l[ h…il_]o[l gocni) ]ig [ ]ihmifc^[†…i ^i Q_aoh+
^[m ila[hct[†Œ_m h[ ^_`chc†…i^i ][lƒn_l g[cm io g_him ifcaƒlkoc]i ^i Ggj‡lci, ? [lkocn_nol[ chmncno]cih[f^_ _hn…i)`iln_g_hn_ ]_hnl[fct[^[
^[ [†…i _mn[n[f, K[cm ch^_m]ofjƒp_f m_gimnl[ [ fcn_l[nol[ mi\l_ [m _) mcgofn[h_[g_hn_) ij_l[h^i _mnlonol[mjilim[m _ ^_ \[cr[ jli^o+
chn_l[†Œ_m j•\fc]i+jlcp[^i ko[h^i) ^_jicm ^_ `ilg[fg_hn_ _mn[\_f_]c^[ ncpc^[^_)[mm_hn[^[_mm[[lkocn_nol[ _g _]ihigc[ _rnl[il^ch[lc[g_hn_
[ ^cm]cjfch[ ^_ _mno^imila[hct[]cih[cm) _ ]igi l_mofn[^i ^_ mo]_mmc+ lo^cg_hn[l) `[pil_]c[ [ ^c`om…i^[m `ilg[m g[cm [hnca[m_ jlcgcncp[m ^_
p[mchp_mnca[†Œ_m mi\l_ bc_l[lkoc[m) _mnlonol[m_ n[g[hbi ^_mm[m ila[+ ^cmnlc\oc†…i j_lmih[fct[^[ ^_ jlcpcf‡acim, Cg _mnƒaci[ch^[ nim]i ^[ ^c+
hct[†Œ_m)m_i\ncp_l[g cgjiln[hn_m l_mofn[^immi\l_ [ ch`foˆh]c[ ][om[f pcm…i mi]c[f ^i nl[\[fbi _) jil ]ihm_aochn_) h[ [omˆh]c[ ^_ og g_l][^i
^[m\oli]l[]c[m mi\l_ i ^_m_gj_hbi ^[mohc^[^_m ]ill_mjih^_hn_m) m_g ^_ jli`cmmŒ_m [oni+momn_hnƒp_f) h…il_mn[p[ ` ^cgchon[ _fcn_cgj_lc[f m_+
ko_ m_ch^[a[mm_ko[cmm_lc[g [m cgjfc][†Œ_m ^_mm_m l_mofn[^im j[l[ [ h…i[ pc[ ^[ jif‰nc][ko_) _g gocnim ][mim)^_j_h^c[ ^[ \i[ pihn[^_ ^i
cgj_l[^il io [ ^i _gjl_ai j•\fc]i) _mn_nin[fg_hn_ ^_j_h^_hn_ ^i cg+
l_ko_lc^[ fcmol[h[ml_f[†Œ_m_hnl_ \oli]l[]c[m _ j•\fc]im [`chm,Nli]_+
j_l[^il _ [ko_f_m ^_ m_om]ihm_fb_clim gig_hn[h_[g_hn_ jl_m+
^_+m_]igi m_[m]ihm_kŽˆh]c[m ^[ _mnlonol[ _ ^ch„gc][ _h^Ša_h[ ^[u
ncac[^im,?f‡g ^[m[hƒfcm_m ko_ im]ihn_gjil„h_im dƒl_[fct[l[g ^_ ]igi
ila[hct[†Œ_m m__main[mm_ghi ]cl]ocni \oli]lƒnc]i chn_lhi) h…i[f][h+
`oh]cih[p[ i mcmn_g[)l_jiom[g _hnl_ im ]ihnim _ hip_f[m ]oln[m ^_
†[h^i [fn_l[l io ]ih^c]cih[l i j[^l…i ^_ l_f[]cih[g_hni ]ig i j•+
K[]b[^i ^_ ?mmcm + _f_ jlŠjlci) f_nl[^i) `oh]cihƒlci j•\fc]i + [mg[cm
\fc]i, B_ ionli f[^i) [ ]l_m]_hn_ fcn_l[nol[ mi\l_ [m[†Œ_mh_g m_gjl_
m[l]ƒmnc][m ^_m]lc†Œ_m ^i ][fpƒlci [ ko_ m_mo\g_nc[g im `cfbim ^_ `[g‰+
\_h‡`c][m ^_ og ^im [nil_m g[cm jn_mncac[^imj_f[m n_ilc[m ^_gi]lƒnc+ fc[) ch•n_cmj[l[ ko[fko_l ionl[ ]icm[ [ h…i m_lj_lg[h_]_l_g ch•n_cm‚
][m + im alojim ^_ chn_l_mm_ + cahil[) _g a_l[f) [ `cmcihigc[ ^[m il+ ASmn[^i _lƒlci j•\fc]i,
a[hct[†Œ_m ko_ m_g_fb[hn_m alojim jl_n_h^_g m_kŽ_mnl[l) [hn_m
jlcpcf_ac[h^i i _mno^i^[ml_f[†Œ_m^cl_n[m_hnl_ l_jl_m_hn[hn_m^im alo+ G$A`,
H[lh_m O, Ucfmih) >TQNYNHFQ
=WLFSN_FYNTSX#
Nlch]_lih) Nlch]_nih Shcp_lmcls Nl_mm)/773) j, 11,
P_nl[ni `c^_^cahi ^[ ‡ji][, B_m^__hn…i)f_hn[g_hn_ ^ol[hn_ [ P_j•u cg[hn[^i _ cll_mcmn‰p_f ^[ Nlcg_cl[ P_pifo†…i Gh^omnlc[f,? ]igjf_rc^[^_
\fc][ T_fb[) _ _g p_lncachim[p_fi]c^[^_ [ j[lncl ^_ /71. %p_l][j‰nofi G&) mi]c[f ^i j[‰m)[]igj[hb[h^i [ gi^_lhct[†…i _ ]l_m]cg_hni ^[ _]ihi+
i Cmn[^i\l[mcf_cli nilhio+m_ [fn[g_hn_ ]igjf_ri) gofncjfc][h^i+m_ imchu gc[ + _ ^_ m_o_hilg_ g_l][^i chn_lhi +) ^_o foa[l [i [j[l_]cg_jni
n_l_mm_m _h^Ša_him ^_ m_om ij_l[^il_m _mj_]c[fct[^im) _ ^cp_lmc`c][h^i+m_ ^_mn__m]ill_a[^ci j[lnc]cj[hn_ ^i diai ^[m ch`foˆh]c[m)im alojim ^_ ch+
[ _]ihigc[ ^_ n[f gi^i ko_) _g /723) _mn[p[]ih]fo‰^i og jlcg_cli ]c+ n_l_mm_) j[l[ imko[cm[ mcgjf_mg_h†…i ^_ ko_ n_hn[g ch`focl h[m^_]cmŒ_m
]fi ^_ gon[†…i _]ih‹gc][ hi j[‰m) [mmcg]igi pclƒ [ i]ill_l) ^_jicm) ]ig ^[ \oli]l[]c[) \om][h^i i\n_l mch_]ol[mj[l[ [faohm^_milc_hn[^imj[l_h+
i `cg ^i j_l‰i^i Hom]_fchiIo\cnm]b_e _) cgjimm‰p_f h_a[l) [i `ch[f ^i n_m)m_lc[nig[^[ ]igi cll_g_^c[p_fg_hn_ i`_hmcp[, Cg p_l^[^_) ‡ og[
chn_ll_ahi gcfcn[l ^_ /742 [ /763, Aigj[l[†Œ_m nl[hm+bcmnŠlc][m p[f_g mojimc†…i^_`chcncp[g_hn_lc^‰]of[,M ko_ jli]ol[g ‡ [fai mo\mn[h]c[f+
g[cm j_f[ cg[a‰mnc][ ^i ko_ j_f[ `c^_fc^[^_) g[m h…i m__mn[lc[pcif[h^i g_hn_ g[cm [g\c]cimi,
_r]_mmcp[g_hn_i l_acmnli^_ i]illˆh]c[m m_m_]ih]fo‰mm_ ko_ [ ^c`_l_h]c[u Mmh•g_lim ]ig ko_ m_nl[\[fb[ bid_) hi @l[mcf)m…i^_ g[ahcno^_
†…i_hnl_ i j[‰m^_cr[^i jil T[la[m) _g /723) jl[nc][g_hn_ h[^[ nchb[ [ [ _rcacl gƒrcg[ [n_h†…i_ g‰hcg[ `lcpifc^[^_, P_f[nŠlcim l_aof[l_m ^_
p_l ]ig i ko_ `il[ [mm[fn[^i_g /71.) [mmcg]igi i @l[mcf^_ /74. mŠ G [aˆh]c[m chn_lh[]cih[cm chmcmn_g_g []_hno[l im [mj_]nim ^_`c]c_hn_m
p[a[g_hn_ f_g\l[p[ [ko_f_ ^i ko[f Io\cnm]b_e [mmogcl[i aip_lhi, C m_g io h_a[ncpim ^_mm[m g[ahcno^_m) m_h^i _mm[og[ ^_ mo[m`oh†Œ_m^_ pc+
]igjf[]ˆh]c[ io do‰tim̀[]]cimim) i g_mgi m_ji^_ [`clg[l ^im l_mofn[+ acf„h]c[, L…i `[t_g ^_m[j[l_]_l) ^_ gi^i [faog) i _mnƒaci^_ _pifo+
^im ^[ ^cn[^ol[ gcfcn[l, †…i_]ih‹gc][ _ mi]c[f dƒ[nchac^i ko_) [n‡ jil cmmi)nilh[ chnif_lƒp_cm
L[^[ ^cmmi)]ihno^i) j[l_]_ n_l ]ihm_kŽˆh]c[m j[l[ i ncji ^_ jif‰nc][ im ch^c][^il_m l_f[ncpim [i n[hni ko_ [ch^[ _mnƒjil m_l l_[fct[^i,
^_ `[pil_m ^_hoh]c[^[ j_fim [^_jnim ^[ n_m_^i ]fc_hn_fcmgi+`cmcifiacmgi, K[hn_l ch[fn_l[^[ [ n_m_^i ]fc_hn_fcmgi _kocp[f_ [ ]ihmc^_l[l ko_
Ro^i m_j[mm[lc[) bid_) ]igi m_j[mm[p[ h[mbcmnŠlc[m ^_ K[]b[^i ^_ ?m+ h_hbog[ ^[m nl[hm`ilg[†Œ_m i]illc^[m ][ll_a[ cgjiln„h]c[ j[l[ i
mcm8og ^_m_gjl_a[^i _h]ihnl[ og \ig j[^lchbi) i ko[f [^gchcmnl[ \ig _r_l]‰]ci ^[ko_f_ ncji ^_ jif‰nc][ %]fc_hn_fcmn[&, | ijilnohi _hn…ich+
l_f[]cih[g_hni ]ig ]_ln[ j_lmih[a_g) [ ko[f) ^ct+m_[ \i][ j_ko_h[) ‡ p_mnca[ljl_fcgch[lg_hn_ i ko_ n_lƒ i]illc^i h[m l_f[†Œ_m_hnl_ [ \o+
]ih`c^_hn_ ^_ g[^[g_ Dof[h[) [g[hn_ ^i m_h[^il) ^_jon[^i io ]ihm_+ li]l[]c[) ko_ m__rj[h^c[) _ [ _mnlonol[ ila[hct[]cih[f ^i Cmn[^i) ko_
fb_cli Qc]l[hi, ? ][^_c[ ^_ ]ih_rŒ_m‡ fiha[) ^_ ij_l[†…i ^_gil[^[) g[m m_nilh[p[ f[\cl‰hnc][,
_`c]c_hn_,?i `cg ^_ og io ^icm [him) fƒ _mnƒi `cfbi+`[g‰fc[]ig [ pc^[ ? _pifo†…i ^[ \oli]l[]c[ \l[mcf_cl[) [al_a[^[g_hn_ ]ihmc^_l[^[) h…i
[mm_aol[^[ j[l[ ni^i i m_gjl_, B[‰[i ][m[g_hni _ ‚ a_l[†…i ^_ ionlim _pc^_h]c[ h_hbog ]l_m]cg_hni j[nifŠac]i) ]igi m_pco) g[hn_h^i+m_
ch•n_cmnig[ jio]i g[cm ^i ko_ i _mj[†i ^_ og j[lƒal[`i, C g[cm ^_ ou jlijil]cih[fg_hn_ mch]lihct[^[ ]ig i ]l_m]cg_hni ^i m_niln_l]cƒlci ^[
][j‰nofi j[l[ [ bcmnŠlc[l_[f, _]ihigc[ %m_nil ^_ m_lpc†im& + i ko_ _l[ l[tiƒp_f ^_ _mj_l[l h[ [omˆh]c[
Dic l_f[n[^[ [ _rnl[il^chƒlc[ nl[hm`ilg[†…i ^i Cmn[^i h[]cih[f %mo[ ^_ chip[†Œ_mila[hct[]cih[cm ^_ al[h^_ _hp_la[^ol[, Qomj_h^_h^i n_g+
]lc[†…i) _g p_l^[^_& [ j[lncl ^[ ^‡][^[ ^_ /71.) ko[h^i m_chc]c[ [ `il+ jil[lc[g_hn_ i do‰timi\l_ i g‡lcni ^[mhig_[†Œ_m ch^cpc^o[cmj[l[ jim+
g[†…i) jil ]ih]olmi _ g‡lcni) _g mo[[p[mm[f[^il[ g[cilc[) ^i ko[^li niml_f_p[hn_m)l_mn[g ^icmionlim [mj_]nim)cgj_lg_ƒp_cm ‚ [hn_lcil [hƒfcm_
^_ `oh]cihƒlcim ko_ ^_p_lc[ ij_lƒ+G[, B_m^__hn…i)[ gƒkoch[ _mn[n[f\l[+ [al_a[^[ %][j‰nofim GG_ GGG&)
jin_h]c[fg_hn_ ][j[t_m ^_ ch^c][l m_)jil og
mcf_cl[h…i]_mmio^_ ]l_m]_l)[n‡ [ •fncg[ ^‡][^[ _ g_c[) l_jfc][h^i i ko_ f[^i) [ [^gchcmnl[†…i j•\fc][ n_lc[ mc^i i\d_ni ^_ _rn_hm[ j[lncfb[ j[+
mo]_^_l[ ]ig im j[‰m_m _olij_om _ ]ig im Cmn[^imShc^im hi pƒ]oi nlcgihc[f _)^_ ionli) m_[ jlŠjlc[ _mnlonol[ila[hct[]cih[f ^i Cmn[^i `[]c+
fcn[p[og ]igjiln[g_hni [on‹higi _ jl_^[nŠlci jil j[ln_ ^[ \oli]l[]c[, j[†…i _hko[hni im j[lnc^im jl_m_lp[l[g i gihijŠfci ^[ l_jl_m_hn[†…i,
Cg []l‡m]cgi ` _mnlonol[ila[hct[]cih[f) nig[+m_ [ fiha_pc^[^_ ^_ j_l+ C m_l…i_mn_m im n_g[m ^i jl_m_hn_ _ ^i jlŠrcgi ][j‰nofi) ]ig [jl_m_h+
g[hˆh]c[ him ][laim ]igi cgjiln[hn_ ch^c][^il ^[ ][j[]c^[^_ \oli]lƒ+ n[†…i^im l_mofn[^im^_ j_mkocm[mi\l_ [ \oli]l[]c[ \l[mcf_cl[) _rjimn[
j[mmi [ j[mmi h[mm_†Œ_m m_aochn_m,
nc][ ^_ l_mcmncl` ]iil^_h[†…i) hi g_fbil ^im ][mim)_ ^_ ch^_pc^[g_hn_
Cmncg[^[ j[l[ m_ll_[fct[^[ _g og j_l‰i^i ^_ /6 g_m_m)[ j_mkocm[
[jlijlc[l+m_ _ ^cmnlc\ocl\_h_`‰]cimj•\fc]im) hi jcil) h[ _p_hno[fc^[^_ ^_
jlifihaio+m_ jil ^icm [him) nlˆmko[ln[m j[ln_m ^im ko[cmnig[^[m j_f[
ko_ n_hb[ nc^i mo[ _rj[hm…i mo\il^ch[^[ [ chn_l_mm_m _hpc_m[^[g_hn_
n[l_`[ ^_ ]if_n[ ^_ ^[^im, P_]oj_l[l ila[hial[g[m `oh]cih[cm) ^_m]l_p_h+
_f_cnil_clim,
^i mo\il^ch[†Œ_m_ `oh†Œ_m^_ gchcmn‡lcim_) mi\l_no^i) ^[m _gjl_m[m
? m_on_gji) Kc]b_fmc^_hnc`c][p[ h[ ^cpcm…i mi]c[f ^i nl[\[fbi ^_h+
j•\fc][m h…i ‡ h[^[ mcgjf_m,? j[ln_ g[cm mo\mn[h]c[f^im ^i]og_hnim
nli ^[ ila[hct[†…i mch^c][fog _kocp[f_hn_ ^[ [no[f ^cp_lmc`c][†…i_m+
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^[ ^[ _mnlonol[ ^[ ila[hct[†…i) [hn_mko_ ^i ]igjiln[g_hni ^_ m_om hial[g[m ^[m^cp_lm[m[aˆh]c[m m…i\[mn[hn_jilg_hilct[^im _ `ilh_]_g
i]oj[hn_m) jl_]cm[g_hn_ jilko_ m__mnƒhi _h][f†i ^[ko_f[m ]cl]ohmn„h+ ch`ilg[†Œ_m ^[ _mnlonol[ chn_lh[ ^[ [aˆh]c[ [n‡ im h‰p_cm ^_ m_†…i)
]c[mio ][l[]n_l‰mnc][m ila[hct[]cih[cm ko_ fcgcn_g im al[om ^_ fc\_l^[^_ mo\m_†Œ_m _ m_lpc†im,Monlim`cr[g+m_ h[ _mnlonol[[^gchcmnl[ncp[ ]_hnl[f
^_ m_om ij_l[^il_m, Cmnƒ]f[li ko_) ]ig cmmi) m_l…i^_m]i\_lnim im `[nil_m ^[ [aˆh]c[ _ igcn_g n[hni i g[cm \[cri h‰p_f bc_lƒlkoc]i ^[ ila[hct[†…i)
ko_ cgj_^_g ko_ im [mm‡^cim ]fc_hn_fcmn[m
^_ ni^i ncji m_l_mifp[g _g ko[hni [ _mj_]c[fct[†…i`oh]cih[f ^_mm_ h‰p_f,
nl[hm[†Œ_m ^cl_n[m_hnl_ im chn_l_mm[^im ^_ `il[ ^[ ila[hct[†…i _ im \oli+ ? ko_mn…i[ m_ll_mifpc^[ ]ihmcmnc[_g m[\_l m_[ h…i+]ihmc^_l[†…i^i
]l[n[m chn_lhiml_f_p[hn_mj[l[ i ][mi, // g[cm \[cri h‰p_fbc_lƒlkoc]i chnli^otclc[ ^cmnil†Œ_m h[ g_^c^[, Q_ n[f
Ni^_lc[ m_li ][mi) _hnl_n[hni)^_ ko_ [ l_f[†…i_hnl_ [ ]_hnl[fc^[^_ bc_+ i]ill_mm_) [ [hƒfcm_^_g[h^[lc[ [faog n_gji j[l[ ko_ `imm_g]igjf_n[+
lƒlkoc][ l_f[ncp[ _ [ chn_al[†…i^i ]ihnlif_ ^_ og[ ila[hct[†…i `imm_^_ n[f) ^im im ila[hial[g[m !_]ih‹gc]im! [n‡ `[tˆ+Gim ]igj[n‰p_cm ]ig im
h[nol_t[ ko_ nilh[mm_og[ io ionl[ cll_f_p[hn_]igi ^cg_hm…ich^_j_h^_h+ ila[hial[g[m jilg_hilct[^im, Sncfctio+m_)_hn…i)i m_aochn__mnl[n[a_+
g[, Bim 34 ila[hial[g[m) 26 %64#&j_lgcnc[g [ g_hmol[†…i ^i ‰h^c]_
7| i ][mi ^_ Rm_\_fcm)
hi [lncai ]cn[^i,
^_ chn_al[†…i^_ ]ihnlif_ f_p[h^i+m__g ]ihmc^_l[†…i ni^[ [ _mnlonol[^[
GMA`,I_cnb In_b\c_f) >N[FYFQ >FQNYNHX,
0 AMJFW^FKB%@% :F\RFPNSL# Abc][ai) Rb_ Shcp_lmcns ila[hct[†…i) [n‡ m_og[cm \[cri h‰p_fbc_lƒlkoc]i, A[f]ofio+m_) _hn…i)i
i` Abc][ai Nl_mm)/776) j[lnc]of[lg_hn_ ][j‰nofi 0, ‰h^c]_^ojf[g_hn_8 og jlcg_cli ]ƒf]ofi ch]fo‰[ni^im im h‰p_cm ^[ _mnlo+
!Mm]ƒf]ofim ^i ‰h^c]_^_ ]_hnl[fc^[^_ bc_lƒlkoc][ l_f[ncp[ %Al&_ i ^_ chn_al[†…i^_ ]ihnlif_
%GA&_h]ihnl[g+m_ him [h_rim 2 _ 3 ^_mn_][j‰nofi, Joct F_hlcko_ @[bc[ jl_mnio _mm_h]c[f
nol[ _ og m_aoh^i ]ƒf]ofi) [j_h[m [ ila[hct[†…i ]_hnl[f ^[ [aˆh]c[, Cg
[mm_mmilc[[i jlid_ni _ _f[\ilio [m`Šlgof[m ^_ ]ƒf]ofi ^[m g_^c^[m _gjl_a[^[m, m_aoc^[)]igjonio+m_ [ ]ill_f[†…i ^_ il^_g _hnl_ [m^o[m m‡lc_m ^_ l_mof+
n[^im !@UJFWRFS WMT"]ig i l_mofn[^i m[ncm`[nŠlci ^_ ,7., Gmniko_l ^ct_l
_mn[ncmnc][g_hn_) ko_ i ]ƒf]ofi ^i ‰h^c]_^_ chn_al[†…i^_ ]ihnlif_ ]iu
\[m_ h[ _mnlonol[]_hnl[f ^[m[aˆh]c[m h…i[fn_l[ mo[jimc†…il_[f ko[h^i F 6 H 8
]igj[l[^[ ‚m^_g[cm [aˆh]c[m, ?f‡g ^[ _]ihigc[ ^_ n_gji _ ^_ nl[\[+ J@? Ki\l[f @A@ Dog[m
fbi) i mcahc`c][^i mo\mn[hncpi^_mm[jimmc\cfc^[^_‡ _rnl_g[g_hn_ cgjil+ ALQD E_cjin DQCQN ?†igch[m
n[hn_, Aihmc^_l[h^i ko_ ionl[ p[lcƒp_f l_f_p[hn_ j[l[ [ ^_`chc†…i^[ Doh[\_g Doh][]_hnli Qoh[\ Smc\[
R[m[ Gh`l[_li @LF Cf_nli\l[m
[onihigc[ ila[hct[]cih[f ^[ [^gchcmnl[†…ich^cl_n[ ‡ [ _mn[\cfc^[^_^_
C@AR Cg\l[_l Ac\l[t_g Qo^[g
mo[m_fcn_m _mnl[n‡ac][m)cmni‡) jl_]cm[g_hn_ im i]oj[hn_m ^im jimnim ]_h+
BLMQ Gh]l[ Q_ljli Aimcg
nl[cm^[ _mnlonol[^[m[aˆh]c[m) i ]lot[g_hni `onoli ^[ chn_al[†…i]_hnl[f L@A @[m[ PDDQ?
DLBC
^_ ]ihnlif_ ]ig [ n[r[ ^_ l_hip[†…i ^[m_fcn_m i`_l_]_lƒ og ko[^li \[m+ Qo^_j_ Qc^_l\l[m Qom_j Smcgch[m
n[hn_]ih`cƒp_f ^i jin_h]c[f ^_ l_mcmnˆh]c[‚ chn_lp_h†…i_rn_lh[ ^[ [^gc+ G@A A[__\ ANPK
hcmnl[†…i`_^_l[f ch^cl_n[)i ko_ _kocp[f_ [ ^ct_l ko_ m__mn[lƒ[p[fc[h^i) Ai\[f @L@ GP@
BLCP @@ ATPB
ch^cl_n[g_hn_) [ g[cil io g_hil pofh_l[\cfc^[^_ ^i [j[l_fbi ^_ Cmn[^i
Jis^ Qoh[g[g Ab_m`
‚ g[hcjof[†…i ]fc_hn_fcmn[,/0
AQL N_nli\l[m
M ]lot[g_hni ^[m ^o[m ^cg_hmŒ_m+ ]_hnl[fc^[^_ bc_lƒlkoc][ l_+ GLNG
G@EC
f[ncp[ %Al&_ chn_al[†…i ^_ ]ihnlif_ %GA& + [jl_m_hnio [ m_aochn_^cm+ @LBC ADN
nlc\oc†…i8 R_f_\l[m Cg\l[n_f
ALCL G??
Cg\l[j[
A_h[`il
AP
?fni @[cri
M l_mofn[^i ^[ [jfc][†…i ^[ g_^c^[ ‚m_mnlonol[mila[hct[]cih[cm ^_
GA ?fni 6 %[& -1 %L&
@[cri
_hnc^[^_mj•\fc][m ^_p_ m_l[jl_]c[^i ]ig [n_hn[ m_lc_^[^_,L…i m_^_o
-2 %]& -. %M&
34 jil i\d_ncpi) h_mn[j_mkocm[)a_l[l ncjifiac[m j[l[ m[ncm`[†…i
^_ [faog _r_l+
]‰]cif•^c]i io chŠ]oi _`_cni jlij[a[h^‰mnc]i, M f_cnil h…i+_mj_]c[fcmn[
jlip[p_fg_hn_ cahil[ ko_ [ jli^o†…i ^_ ncjifiac[m ‡ i jlcg_cli _ g[cm
?^gcnch^i+m_ ko_) ]ih`ilg_ [ bcjŠn_m_b_ol‰mnc][[^in[^[) h…i_rcmn_
_f_g_hn[l ^im nloko_m^[ jli`cmm…i_ ko_) _g p[mn[g[cilc[ ^im ][mim)m…i
[mmi]c[†…i_hnl_ [m^o[m ^cg_hmŒ_m) m_ao_+m_ko_ [ WFYNTSFQJ ^[ ^cmnlc\oc+$
chn_cl[g_hn_ ch•n_cm,M`_l_†i og[ mcgjf_mcfomnl[†…i,Qojihb[+m_ og[
†…i^_p_ m_lmo\mn[hncp[,? m_aoclfcmn[g+m_ [m[aˆh]c[m ^_ []il^i ]ig [m
^cpcm…i ^[ jijof[†…i g[m]ofch[ \l[mcf_cl[ ^c`_l_h]c[^[ m_aoh^i ^icm[]c+
]_f[m_g ko_ `il[g ]f[mmc`c][^[m8
^_hn_m\cifŠac]im8 bƒ og aloji [fni _ ionli \[cri %[]c^_hn_[fnol[& _ bƒ
og aloji ][fpi _ ionli ][\_fo^i %[]c^_hn_j_foa_g&, Q_h^i gocni jio+
]i jlipƒp_f ko_ ni^im im[fnimm_d[g][fpim) _ im\[crim) ][\_fo^im %_)_hn…i)
f0.Q p[fil_m ^im ‰h^c]_m
^_ chn_al[†…i^_ ]ihnlif_ _ ^_ ]_hnl[fc^[^_ bc_lƒlkoc][ l_f[ncp[ j[l[ mŠn_l‰[gim^icmncjim^_ big_hm&)[ ncjifiac[ l_mofn[hn_ch`ilg[lc[ [ ^cm+
][^[ og[ ^[m 34 [aˆh]c[m ]ihmc^_l[^[m _h]ihnl[g+m_ hi [h_ri 3,
nlc\oc†…i)hi g_ci jijof[]cih[f) ^_ ko[nli ncjim ^_ big_hm8 [fnim _ ][f+
pim)[fnim_ ][\_fo^im) \[crim _ ][fpim _ \[crim _ ][\_fo^im, M g_][hcmgi [aˆh]c[m) ]ihmncnoci mifi `[]no[f ch^cm]on‰p_f mi\l_ i ko[f m_[mm_hn[gim
‡ [jfc]ƒp_f [ ko[cmko_l ^icm[nlc\onim) [l\cnl[lc[g_hn_ _m]ifbc^im)_ m_g+ do‰tim h_a[ncpimmi\l_ i `oh]cih[fcmgi j•\fc]i, K[m h…i _rcmn_]igjli+
jl_ m_b…i^_ jli^otcl) m[fpi ][mim_r]_j]cih[f‰mmcgim)ko[nli ncjim,L_g p[†…i^_ ko_ ni^i i [j[l_fbi ^i Cmn[^i \l[mcf_cli) b_l^[^i ^_ T[la[m) _
ni^im) _hnl_n[hni) m…il_]ihb_]‰p_cm)•n_cmio ^_ cgjfc][†Œ_ml_f_p[hn_m, ]igjf_n[^i jil Io\cnm]b_e) n_hb[ m_^_m_gj_hb[^i ^[ g_mg[ g[h_cl[
Mm]ih]_cnim ^_ big_g _ ][]billi m…ifiac][g_hn_ nl[hmnli]ƒp_cm]ig [i fihai ^_ n[hnim[him,
im [nlc\onim !\‰j_^_! _ !ko[^l•j_^_!) g[m m_l…ijio][m [mj_mmi[mko_ Aigi ncjimijimnim) _h]ihnl[g+m_) hi ionli _rnH9_gi)_hnc^[^_m]ig+
_h]ihnl[l…i chn_l_mm_ hi ncji fiac][g_hn_ f_a‰ncgi!big_g ko[^l•j_^_! jl__h^c^[m j_f[ ]_f[ I# _r_gjfc`c][h^i i ][mi ^_ _mnlonol[m_mj[†[^[m
%_r]_nihi m_hnc^ig_n[`Šlc]i& io !][]billi \‰j_^_!) io _mn_) n[fp_t) mcg) p_lnc][f _ bilctihn[fg_hn_) i ko_ nilh[ \_g g[cm ^c`‰]cf mo[g[hcjof[†…i
g[m ]igi [\_ll[†…i ]cl]_hm_,L…i _mnio)h_mn_gig_hni) ]ig chnocnim _rn_lh[, Q…iila[hct[†Œ_m ]ig ][j[]c^[^_ j[l[ ]lc[l !ij†Œ_m chn_lh[m![
jifˆgc]im) g[m i f_cnil ^_p_ _mn[l[^p_lnc^i j[l[ i f[mncgƒp_f`[ni ^_ ko_ [^gchcmnl[†Œ_m [^p_hn‰]c[mko_ jl_n_h^[g chnli^otcl ^lƒmnc][gi^c`c][+
m…ich•g_lim im !big_hm ko[^l•j_^_m _ im !][]billim \‰j_^_m!i`_l_]c+ †…ih[m linch[m ^[ _hnc^[^_, Nimmcp_fg_hn_]ig [j_h[m nlˆm _r]_†Œ_m)
^im [i j•\fc]i ]igi ilcach[cm^_m]i\_ln[m ]c_hn‰`c][m, • Qo^[g) Ab_m`_ Smc\[) n[g\‡g nl[^c]cih[fg_hn_ l_]ihb_]c^[m ]igi
Nli]_^c [ og[ ij_l[†…i m_g_fb[hn_)[hn_lcilg_hn_) ]ig im [nlc\onim ]fc_hn_fcmn[m) ko_ ^_pc[g mcno[l+m_ _g 5 io ]) [m[aˆh]c[m ]f[mmc`c][^[mh[
^_ chn_al[†…i^_ ]ihnlif_ _ ]_hnl[f c^[^_ bc_lƒlkoc][) _ ‡ j[l[ m_oml_mof+ ]_f[ I ]igjŒ_g j[ln_ ]ihmc^_lƒp_f ^[ _mnlonol[jli^oncp[ g[cm l_f_p[hn_
n[^im) ko[h^i [jfc][^im ‚ _mnlonol[ila[hct[]cih[f ^i _r+J_pc[n…\l[mc+ ^i Cmn[^i \l[mcf_cli) ‚mko[cmm_^_p_g []l_m]_hn[l [ N_nli\l[m _ i @LBC)
f_cli) ko_ mifc]cni ]ih]_hnl[^[ [n_h†…i^i f_cnil) l_f_h^i [ ^cmnlc\oc†…i ko_) jil fcgcn_m[l\cnlƒlcim ^[ g_^c^[) _mn…i ]f[mmc`c][^im_g ionl[m fcm+
ncjifŠac][ _rjimn[ hi ko[^li [hn_lcil, Nil ^_lcp[†…i ]ih]_cno[f) m_lc[^_ n[m,Q_lc[jimm‰p_f _mn[\_f_]_l^c`_l_hn_mp[fil_m j[l[ im ]iln_m ncjifŠac]im
_mj_l[l og il^_h[g_hni ^[ g_hil j[l[ g[cil l_mcmnˆh]c[ ‚ ]iil^_h[†…i _)]ig cmmi)`[t_l ^_m[j[l_]_l im ][mim^_mpc[hn_m, M f_cnil j_l^_lc[) ]ih+
_ g[hcjof[†…i _rn_lh[) jil ]_f[) [mmcg]igi m_ao_8F#G#]) I%Aig _`_cni) no^i) [ ijilnohc^[^_ ^_ p_lc`c][l ko_) _g\il[ h_hbog[ g_^c^[ m_d[j_l+
_mnlonol[m]ig _f_p[^[ chn_al[†…i^_ ]ihnlif_ _ ^_ [fn[ ]_hnl[fc^[^_ bc_+ `_cn[)cmmih…i ]igjlig_n_ cll_g_^c[p_fg_hn_ mo[ oncfc^[^_, _ ^i ko_
lƒlkoc][ g‡^c[ %]_f[5" [jl_m_hn[g j_l]_jn‰p_fal[o ^_ pofh_l[\cfc^[^_ ko_li ]ihp_h]ˆ+fi [koc,
jl_]cm[g_hn_ h[ g_^c^[ _g ko_ i ji^_l ila[hct[]cih[f _mnƒ]ih]_hnl[^i R[f ]igi ^_`chc^i _g [\mnl[ni) _ m_g l_nc`c][†Œ_m jimn_lcil_m) i jim+
_g jio]im jihnim bc_l[lkoc][g_hn_ moj_lcil_m) n[hni p_lnc][f ko[hni nof[^i ^_ ko_ [ ]_f[ I ^cm]lcgch[ [aˆh]c[m ]ig g[cil jin_h]c[f ^_ l_mGm+
bilctihn[fg_hn_, ? mo\mncnoc†…i ^_ j_ko_hi h•g_li ^_ ^clca_hn_m)jil nˆh]c[ [ chn_l`_lˆh]c[m _rn_lh[m p_lc`c][+m_ko_ 7 _g /0 %53#&_l[g
]ihm_aochn_)_ hi ][mi _rnl_gi) ^_ [j_h[m og) ^[lc[ []_mmi‚ jif‰nc][afi+ domn[g_hn_[m[aˆh]c[m l_mjihmƒp_cmj_f[ jli^o†…i ^_ \_hm _ m_lpc†im^_
\[f ^[ ila[hct[†…i) h…ib[p_h^i jimc†Œ_m chn_lh[m)[\[cri io j[l[ im f[+ ch`l[+_mnlonol[%mc^_lolac[)bc^l_f‡nlc][m_ `_llipc[&) ni^[m ]ihmncno‰^[m _
^im) jil [mmcg^ct_l) ]ig [onihigc[ _ ][j[]c^[^_ ^_]cmŠlc[mmo`c]c_hn_m jimn[m_g ij_l[†…i ^ol[hn_ im j_l‰i^im ^_ E_n•fci T[la[m _ ^_ Hom]_fc+
j[l[ m_ijil_g ‚milc_hn[†Œ_m^i niji ila[hct[]cih[f, _ cg_^c[n[g_hn_ hi Io\cnm]b_e, B_ [aˆh]c[m mcgcf[l_m^_mpc[g [j_h[m [ N_nli\l[m %]f[m+
]f[li) _hn…i)jilko_ [‰m__h]ihnl[g ]f[mmc`c][^[m[faog[m ^[m [aˆh]c[m mc`c][^[ _g 7"$ [ Aigj[hbc[ Qc^_l•lac][ L[]cih[f %[g\[m ]lc[^[m jil
l_]ihb_]c^[g_hn_ i\d_ni ^_ [^gchcmnl[†…i]fc_hn_fcmn[, ? bcmnŠlc[^[ J_+ T[la[m) [ m_aoh^[ hi j_l‰i^i ^cn[nilc[f) [ jlcg_cl[ _g m_of_a‰ncgig[h+
ac…i@l[mcf_cl[^_ ?mmcmnˆh]c[) ^[ Doh^[†…i L[]cih[f ^_ ?mmcmnˆh]c[ [i ^[ni ^[ ^‡][^[ ^_ /73.& _ [ Qc^_l\l[m %]f[mmc`c][^[m _g 6"& ? AQL _ [
K_hil _ ^i B_j[ln[g_hni L[]cih[f ^_ M\l[m Aihnl[ [ Q_][ %[mmcg ]igi Qc^_l\l[m ^_mpc[g ^_ 8 jil [jl_m_hn[l_g og[ chn_al[†…i ^_ ]ihnlif_
^_ mo[clg…aˆg_[) i B_j[ln[g_hni L[]cih[f ^_ Cmnl[^[m^_ Pi^[a_g) mSj_lcil [i fcgcn_gƒrcgi ^i ko_ `ic [l\cnl[lc[g_hn_ _mn[\_f_]c^i j[l[
[koc ]f[mmc`c][^i_g 6 [j_h[m jil gcijc[ ^[ g_^c^[&) _hnl_ pƒlc[mionl[m 8&Gmniko_l ^ct_l ko_) chmcmnch^i ]ig ]_lni ^iag[ncmgi h[ g[hon_h†…i
^[ [^c[hn_) og[ ][l[]n_l‰mnc][^_ ni^[m [m[aˆh]c[m ^[ ]_f[ H#h[ ko[f m_
^[ g_^c^[ ]ig im g_mgim ]iln_m ncjifŠac]im) io \_g [ Qc^_l•lac][ L[+
[aloj[g jl[nc][g_hn_ ni^[m [mchmncnoc†Œ_m \[h]ƒlc[m ^[ [gimnl[, ? bcm+
]cih[f _mn[lc[ jil [mmcg^ct_l [nl[m[^[ h[ mo[ ]igjf_rc^[^_ ila[+
nŠlc[ ^[ N_nli\l[m) ch]fomcp_mo[nl[d_nŠlc[[i fihai ^im [him /77.) ]ih+
hct[]cih[f) _g l_f[†…i [ [aˆh]c[m m_g_fb[hn_m)io \_g [ ^c`_l_h†[ _hnl_
`clg[ i _mj_]c[f‰mmcgi ][lƒn_l ^[ _gjl_m[) m‰g\ifi _ pcf…)\_h‡`c][ _
mo[_mnlonol[]igjf_n[ _ mo[_mnlonol[!_]ih‹gc][!) cmni‡) ^_lcp[^[ ^_
jl_^[^il[) pil[t _ `cf[hnlŠjc][,
m_oila[hial[g[ l_^otc^i) `ic mo`c]c_hn_g_hn_[gjf[ j[l[ chnli^otcl
Cmm[][l[]n_l‰mnc][)_hnl_n[hni) [ ^_ _f_p[^[ ]_hnl[f c^[^_ bc_lƒlkoc][
^cmnil†Œ_m _g mo[ jimc†…i`ch[f,
l_f[ncp[) l_`f_n_ [j_h[m og ^im ][gchbim ^i jlb]_mmi ^_]cmŠlci) cmni‡)
Aihmofn[ ‚ jimc†…il_f[ncp[ ^_ ][^[ og[ ^[m [aˆh]c[m ^_ []il^i ]ig
[ko_f_ ko_ m_chc]c[him _m][fŒ_m g[cm \[crim ^[ bc_l[lkoc[ _ ko_ nˆg) hi
im ^icm]ƒf]ofim ^i GA%[h_ri 4&l_p_fio ko_ [ m_aoh^[ [fn_lh[ncp[ ‡ `[fm[,
][mi) jio][ [onihigc[ _g `[]_ ^i niji ^[ _m][f[, Nil ionli f[^i) ^[^[ [
? jimc†…il_f[ncp[ ^[ AQL m_[fn_l[ [j_h[m _g og[ ohc^[^_ %/3. foa[l hi
^cmj_lm…i chn_lh[ ^i ji^_l _mnlonol[f^[ _gjl_m[) [ jol[ mo\mncnoc†…i ^i
jlcg_cli ]ƒf]ofi9 /4. hi m_aoh^i&,? ch`_lˆh]c[ ]ill_n[) jiln[hni) ‡ ko_)
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h[f) jil g[cm [hnca[) ji^_lc[ m_l[fai g_him ]igjf_r[) _g\il[ m_ch+ • ‡ ]_lni ko_ mo[mil^_hm m_nl[hmgcncl…i[n‡ [mjihn[m ^_ _r_]o†…i, ? \[cr[
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f[ncp[ ^[ _mnlonol[) _f_ moa_lcoko_ m_mig[mm_g ni^[m [m]_hnl[fc^[^_m
l_f[ncp[m^_ ni^im im j[lnc]cj[hn_m _ m_^cpc^cmm_ i l_mofn[^i jil S %h•+ S$' !S$'
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g_li nin[f ^_ j[lnc]cj[hn_m&) i ko_ ^[lc[ [ ]_hnl[fc^[^_ l_f[ncp[ g‡^c[
^[ _mnlonol[, (%! ;?:& ;!+%0" H
i ‰h^c]_^_ @_[o]b[gj) j[l[ ][^[ j[lnc]cj[hn_) jimmoci ^_`_cni ^_
n_l m_ofcgcn_g‰hcgi p[lcƒp_f _g `oh†…i^i h•g_li ^_ j[lnc]cj[hn_m, Gh+
n_l_mm[^im h[ ]_hnl[f c^[^_ l_f[ncp[ ^[ jimc†…i^_ niji bc_lƒlkoc]i) jl_]c+
mƒp[gim ^_ og ‰h^c]_ko_ g_^cmm_n[f jimc†…i)ch^_j_h^_hn_ ^i h•g_li
^_ j[lnc]cj[hn_m) io m_d[)jl_]cmƒp[gim ^_ og[ g_^c^[ ko_ hilg[fct[mm_
?LCVM 3
;%( !;%("&) ;%( )
++++ ~h^c]_ ^_ Ghn_al[†…i^_ Aihnlif_ _ ^_ A_hnl[fc^[^_ P_f[ncp[
,48 44 ;4&!4;4%4("44M ;4
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;&!;%:" ; KM@P?J .)02. ?{M KGL?Q .).27


ECGNMR .)/7. SQG@? .).26
DSLB?ACLRPM .)/5. @LF .).25
; !; )-& ) .M GLDP?CPM .)/25 CJCRPM@P?Q .).23
;!;%("%)8 ; CK@P?CP .)/07 AG@P?XCK .).23
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@LAA .)/.. QSB?K .).21
QGBCP@P?Q .).72 @?Q? .).21
G@A .).71 QSQCN .).20
AM@?J .).66 AMQGK .).15
; !; %G&+ )8 ;( $ ; %)8
8W5)))))5 J@? .).66 PDDQ? .).10
8!;%)" 8!;%)"
ALQD .).63 SQGKGL?Q .).07
DSL?@CK .).61 ANPK .).05
R?Q? .).61 A?CC@ .).04
BLCP .).55 @L@ .).04
JJMWB .).54 @@ .).02
C@AR .).51 GP@ .).02
BLMQ .).51 ATPB .).00
AQL .).47 AFCQD .).0/
DLBC .).44 DSPL?Q .)./6
G@EC .).4/ QSL?K?K .)..2
@LBC .).4. NCRPM@P?Q
^
RCJC@P?Q .).35 ACL?DMP
^
ALCL .).35 GLNG
^
QSBCNC .).33 ADN
CK@P?RCJ ^
@A@ .).31
^
DQCQN .).3. G??
^
QSL?@
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CK@P?N?
G@A .)27 ^
GLNG / @LAA .)23
ADN / @LBC .)23
CK@P?N? / ECGNMR .)23
ACL?DMP / G@EC .)22
NCRPM@P?Q / ALCL .)21
CK@P?RCJ / DSLB?ACLRPM .)21
+
?LCVM 4
?E}LAG? GA ?E}LAG? GA
Aill_f[†…i ^_ il^_g _hnl_ /v _ 0v ]ƒf]ofim ^_ c] j[l[ 26 [aˆh]c[m
@L@ .)6. AM@?J .)20
%?`Šlgof[ ]ihmc^_lio i hM^_ _gj[n_m&
QCPNPM .)53 QGBCP@P?Q .)2/
DSL?@CK .)47 CJCRPM@P?Q .)2/ ?E}LAG? Z [ M M$
DLBC .)43 RCJC@P?Q .)2/ /v Aƒf]ofi 0v Aƒf]ofi
QSQCN .)4/ PDDQ? .)2.
KM@P?J /v /v A A
AG@P?XCK .)4. GLDP?CPM .)17
DSLB$ACLRPM 0v 0v A A
QSBCNC .)37 QSB?K .)17
GLAP? 1v 3v +0 2
DQCQN .)37 AFCQD .)16
GLDP?CPM 2v 1v / /
BLMQ .)36 SQG@? .)15
QGBCP@P?Q 3v 4v / /
@A@ .)36 ATPB .)15
G@A 4v 5v - /
@?Q? .)36 ?{MKGL?Q .)15
AM@?J 5v 6)3v /)3 0)03
CAR .)36 GP@ .)14
DSL?@CK 6v //)3v 1)3 /0)03
@@ .)35 BLCP .)13
ALQD 7v /.v / /
QSL?@ .)34 GLAP? .)13
J@? /.v 6)3v /)3 0)03
R?Q? .)34 AQL .)13
BLCP //)3v /1v /)3 0)03
@LF .)32 AMQGL .)13
R?Q? //)3v //)3v A A
QSL?K?K .)32 CK@P?CP .)11
JJMWB /1v /2v / /
J@? .)31 SQGKGL?Q .)11
BLMQ /2v /3v / /
A?CC@ .)3/ DSPL?Q .)1.
AQL /3v /4v / /
ALQD .)3/ JJMWB .)07
DLBC /4v /5v / /
ANPK .)3. KM@P?J .)05
G@EC /5v /6v / /
QCPNPM /6v 1.v /0 /22
ACL?DMP /7v 23)3v 04)3 5.0)03
DQCQN 0.v 01v 1 7
@A@ 0/v 00v / /
QSBCNC 00v 0/v / /
SQG@? 01v 04v 1 7
@LF 02v 05v 1 7
CK@P?CP 03v 2v 0/ 22/
AG@P?XCK 04)3v 06)3v 0 2
CJCRPM@P?Q 04)3v 06)3v 0 2
@LBC 06v /7v 7 6/
QSQCNC 07)3v 10v 0)3 4)03
QSL?@ 07)3v 02)3v 3 03
?{MKGL?Q 1/v 02)3v 4)3 20)03
AMQGK 10)3v 11)3v / /
?E}LAG? r [ M M$
/v Aƒf]ofi 0v Aƒf]ofi

RCJC@P?Q 10)3v 0.v /0)3 /34)03


@?Q? 12v 1/v 1 7
GLNG 13v 23)3v /.)3 //.)03
PDDQ? 14v 13v / /
ALCL 15v 11)3v 1)3 /0)03
A?CC@ 16)3v 15)3v / /
@L@ 16)3v 15)3v / /
QSL?K?K 2.v 20v 0 2
@@ 2/v 17)3v /)3 0)03 1
us0 ZZ @ + @
SQGKGL?Q 20v 14v 4 14 a $$$:A] .
1)3 /0)03
/0
GP@ 21v 17)3v
ATPB 22v 2/v 1 7
ADN 24)3v 23)3v / /
CK@P?RCJ 24)3v 23)3v / / 7,0.2)3
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/0 /0 /0 /0 /0 /0
U ]ih]_cni ^_ ^_gi]l[]c[ molacon[l^c[g_hn_ hi pi][\ofƒlci jif‰nc]i
[n_hc_hm_) _g ]ihm_kŽˆh]c[ ^[ fon[ `[]]cih[f _g nilhi ^i p_l^[^_cli foa[l
mi]c[f_g ko_ m_lc[m_aoli m__h]ihnl[l [ pclno^_^[ _r]_fˆh]c[, Cr]_fˆh]c[)
†hn_h^[+m_)‡ [ g[cm [jlircg[^[ nl[^o†…i ^i ]ih]_cni ^_ ![l_n_!) cmni‡)
[ g[hc`_mn[†…igƒrcg[ ^i ^ig‰hci ^_ [faog[ ^[mpclno^_m]ihmc^_l[^[m
hi\l_m j_fim al_aim) _g j[lnc]of[l j_fim [n_hc_hm_m, B_ FWJYJ^_lcp[+m_
FWNXYTN [ko_f_mjimmoc^il_m^_
# FWJYJ $ h[ [ln_ ^[ g•mc][) ^[ _m]ofnol[)
^[ ao_ll[ io ^im ^_mnchim ^[ ]igohc^[^_, B_ FWNXYTN ]b_a[+m_
cg_^c[n[g_hn_ [ FWNXYTHWFYF# ]ih]_cni gi^_lhi ^_ ch^cp‰^oimko_ m_
jl_mog_g io m…ijl_mogc^im ^cmnchnim _ _g [faog m_hnc^imoj_lcil_m[im
^_g[cm, Nil _rn_hm…i)aip_lhi [lcmni]lƒnc]i) ]ih^otc^i jil [lcmni]l[n[m)
cmni‡) j_fim g_fbil_m) j_fim _r]_f_hn_m)‡ [fai ko_) l[]cih[fg_hn_) h…i
^_p_lc[ mom]cn[li\d_†…i jil j[ln_ ^im ko_ ^_p_l…i m_laip_lh[^im, C) _g
p_l^[^_) h…i _rcmn_gn_mn_gohbim]ihn_gjil„h_im ^_ ko_ im ]ih`fcnim
jif‰nc]im_ c^_ifŠac]im ko_ []igj[hb[l[g im m‡]ofimT _ ', ^[ ?n_h[m
]fƒmmc][_mncp_mm_g [fcg_hn[^im jil [^_jnim ^_ aip_lhim [lcmni]lƒnc]im%hi
m_hnc^i^_ _r]_fˆh]c[& _g j_lg[h_hn_ ao_ll[) fcn_lƒlc[io m[hal_hn[)]ihnl[
[^p_lmƒlcim _rjfc]cn[g_hn_ ^_`_hmil_m ^_ aip_lhim ]ihmncno‰^imjil
g_^ci]lc^[^_m, ? ch]igj[nc\cfc^[^_ _hnl_ imnl[^c]cih[cm [lcmni]l[n[m_ im
]l‰nc]im^[ [lcmni]l[]c[ m_]ih]_hnl[p[ _g ionl[ g[n‡lc[) [ m[\_l) h[
^_`chc†…i^i ]lcn‡lci) ^i mch[f)ko_ j_lgcnclc[ c^_hnc`c][l domn[g_hn_im
g_fbil_m) im _r]_f_hn_m)im FWNXYTN%
N[l[ im [lcmni]l[n[m c^_ifŠac]im _ nl[^c]cih[cm) jil [mmcg^ct_l) [
a_h_[fiac[ a[l[hnc[ [ _r]_fˆh]c[ ^_ ohm_ ]ih^_h[p[ ionlim [ jimc†Œ_m
mo\il^ch[^[m, Mm_r]_f_hn_m)im[lcmni]l[n[m)h[m]c[g [mmcgjilko_ h[m]c[g
_g `[g‰fc[m]od[milca_hm _ [^gclƒp_cm g_gŠlc[m [mg[l][p[g ^_`chcncp[+
g_hn_ ]igi _r]_f_hn_m_) jicm _l[g _f[m)_mm[m̀[g‰fc[m)ko_ a_l[p[g _ \_) ]ih`ilg_ i ]lcn‡lci ^[ g[cilc[) h…ifb_mj[l_]c[ ]ihpch]_hn_, Q_aoh+
a[l[hnc[g [ mo]_mm…i ^_ [lcmni]l[n[m)^cmnchnim _g g_ci [i ]igog ^im ^i im bcmnilc][g_hn_ ]ihm[al[^im n_Šlc]im^[ ifca[lkoc[ + GmŠ]l[n_m _i
[n_hc_hm_m, ?i l_]om[l_g og mch[fn…ijl_]ƒlci) _ ko_ dƒm_b[pc[ gimnl[+ jm_o^i+V_hi`ihn_) jil _r_gjfi +) [ bcmnŠlc[_ i _r_gjfi m_lpclc[g]igi
^i) hi aip_lhi _ h[ ao_ll[) mod_cni[ `[fb[m ^_ _f_p[^i ]omni j[l[ [ ]c^[+ `ihn_m^_ _hmchi j[l[ ko_ m_]lc[mm_gchmn„h]c[m chn_lg_^cƒlc[m_hnl_ im
^_) im _hn…i ^_higch[^im ^_gi]l[n[m jlijom_l[g ko_ [ m_f_†…i^_ `ilgof[^il_m ^_ jlijimn[m ^_ jif‰nc][mj[l[ [ ]ih^o†…i ^[ ]c^[^_) ^[m
[lcmni]l[n[m)^_ _r]_f_hn_m)^im FWNXYTN# m_`ct_mm_jil dofa[g_hni jijof[l `ch[h†[m)^[ domnc†[ _ ^[ ao_ll[) _ [ko_f_mko_ ^_]c^clc[g _g •fncg[ chm+
mi\l_ i ^_m_gj_hbi) h…i mi\l_ [ ilca_g `[gcfc[l ^im ]ih]c^[^…im, Qo+ n„h]c[ + i jipi) _g pin[†…i ^cl_n[, Q_aoh^i _mm_m n_Šlc]im)_mm_]ihnch+
a_mn…i l_pifo]cihƒlc[) m_g ^•pc^[) g[m ko_ l_]f[g[ [ [n_h†…ij[l[ i _m+ a_hn_ chn_lg_^cƒlci ^_ _r]_f_hn_mji^_lc[ m_l_h]ihnl[^i _g ko[fko_l
m_h]c[f jihni ^_ ^cm]Šl^c[ _hnl_ im ^_gi]l[n[m _ im [lcmni]l[n[m, Mm `l[†…i ^[ ]igohc^[^_) h…i mig_hn_ _hnl_ [mal[h^_m `[g‰fc[m)im ko[cm
jlcg_clim h…i^_m_d[p[g ^cmj_hm[li m_lpc†i^_ ]igjlip[^im FWNXYTN#_g pclc[g [ m_lpcl^_ `cfnli ‚m[fn_lh[ncp[m^_ _m]ifb[ ko_ m_lc[g f_p[^[m [m
l[t…i ^_ m_oh[m]cg_hni hi\l_) _g `[pil ^[ afilc`c][†…i ^[ jf_\_) mŠjil [mm_g\f‡c[m,N_fi jlŠjlci ncji ^_ `oh†…i) _mm_m alojim chn_lg_^cƒlcim
m_ljf_\_) ch^_j_h^_hn_ ^i ko_ `imm_][j[t ^_ l_[fct[l, ? l[^c][fc^[^_ ^_ jimmo‰[gfcgcn[†…i ^_ n[g[hbi) g[m h[^[ ko_ im c^_hnc`c][mm_ ]igi
m_og‡ni^i ]ihmcmnc[_g momn_hn[lko_ mig_hn_ [ko_f_m[jlip[^im j_f[ • _mn[g_hni jlcpcf_ac[^i) _hko[hni ]c^[^…im)dohni [im ^_g[cm g_g\lim ^[
jf_\_) m_g ^cmnch†Œ_m ^_ j[lnc]cj[†…i io bc_l[lkoc[ ^_ pinim %_mko_]_h+ ]igohc^[^_, Cmm_m jio]im) [ jl_j[l[l jl_fcgch[lg_hn_ [ j[on[ ^_ ko_m+
^i) ‡ ]f[li) [ _r]fom…i^[mgofb_l_m) _m]l[pim_ g_n_]im&)‡ ko_ ^_p_lc[g nŒ_m j[l[ [m[mm_g\f‡c[m) m_lc[g imifca[l][m, Fid_ ^cl+m_+c[ko_ ]ihmncno‰[g
m_l]ihmc^_l[^im im g_fbil_m jilko_ + _ [koc i jihni pofh_lƒp_f ^[ [l+ og[ _fcn_,Cfcn_j[l_nc[h[,
aog_hn[†…i ^_gi]lƒnc][ ‚ ‡ji][ + i h•g_li %[g[cilc[& jli^ot [ p_l+ Aih]_^i ko_ [ mogƒlc[ [jl_m_hn[†…iko_ `ct ^_ ]ihnlip_lmi n_g[ ^_
^[^_ _ h…im__kocpi][, bcmnŠlc[_ n_ilc[ jif‰nc][_rc\[ [mj_]nim^_ chn_ljl_n[†…i][lc^im[ ^im n_r+
? g_ci ][gchbi _hnl_ im [lcmni]l[n[mjil \_l†i _ im [lcmni]l[n[m^[ nim^_ GmŠ]l[n_m _ ^i Nm_o^i+V_hi`ihn_, _ ^_ l_acmnl[l)]ihno^i) _g jlc+
jf_\_ m_chmcho[l[g im n_Šlc]im^[ ifca[lkoc[, Monl[ p_t) h…i m_nl[n[p[ g_cli foa[l) ko_ [ [^gchcmnl[†…i^_gi]lƒnc][ ^_ ?n_h[m`ic jio]i [ jio]i
^_ i\d_n[l ‚ n_m_^_ ko_ [ ]c^[^_ ^_p_lc[ m_laip_lh[^[ j_fim g_fbil_m _) ]lc[h^i jl_]cm[g_hn_ [mchmncnoc†Œ_m chn_lg_^cƒlc[mch]og\c^[m ^_ [jl_+
jil ]ihm_aochn_)j_fim FWNXYTN% Maip_lhi ^_pc[) h_mm_ m_hnc^i)m_aocl[lcm+ ]c[l [m jlijimn[m ^_ ni^i ncji) ^_ t_f[l_g j[l[ ko_ `imm_g p_n[^[m [m
ni]lƒnc]i) g[m) m_im ifca[l][m ]ih]il^[p[g ]ig im^_gi]l[n[m h[ ]l‰nc][ ^_]cmŒ_m ^[ [mm_g\f‡c[ko_ ]ihnl[lc[mm_g f_cm̀oh^[g_hn[cm ^[ ]c^[^_) [f‡g
[i ]lcn‡lci ^_ h[m]cg_hni j[l[ c^_hnc`c][†…i^im _r]_f_hn_m)^_f_m^cm]il+ ^_ ko_) ^_`chcncp[g_hn_)[ ]ih^o†…i ^im h_aŠ]cim _]ih‹gc]im h…i_mn[p[
^[p[g h[ jlijimn[ ^_ og[ [lcmni]l[]c[ jf_\‡c[) ^ca[gim [mmcg)a[l[hnc^[ mod_cn[ [ _f_c†…ih_g _l[g ima_h_l[cmjlic\c^im ^_ m_lpclh[ g_mg[ jimc†…i
j_fi h•g_li, N[l[ im ifca[l][m) i h•g_li ‡) jil h[nol_t[) pif•p_f) pifƒ+ ^_ ji^_l _hko[hni [ jf_\_ i ^_m_d[mm_) [i ]ihnlƒlci ^_ ionl[m jimc†Œ_m
ncf)_ ^_f_ + `[f[gim _g hug_lim ^_ pinim + mŠmolaclc[[ p_l^[^_ jil) _g ko_ [ l__f_c†…i_l[ jlic\c^[,
gcf[alimi [][mi, K[cm jlipƒp_f ‡ ko_) ^i h•g_li) molacmm_ i ^_m[mnl_, Cg ko[fko_l ][mi) ‡ `f[al[hn_ [ m_g_fb[h†[ _hnl_ [ n_ilc[ ^i aip_lhi
?mmcg]igi Nf[n…ih…i`ic _r[n[g_hn_ og jlij[a[h^cmn[ ^[ ifca[lkoc[) jlijimn[ j_fim n_Šlc]im^[ ifca[lkoc[ _ i ^c[ahŠmnc]i ^_ N[l_ni ^_ ]igi
g[m ^[ [lcmni]l[]c[ [oni]lƒnc][) im ifca[l][m h…i`il[g [hnc^_gi]lƒnc]im _`_ncp[g_hn_`oh]cih[p[g [m^_gi]l[]c[m, Log[ ^_gi]l[]c[ m[o^ƒp_f%_g
jil ihnifiac[) g[m jil g‡ni^i, Aih]il^[p[g _g ko_ [ _r]_fˆh]c[ m_ m_hnc^igocni j_]ofc[l [i ko_ N[l_ni _hn_h^c[ jil ^_gi]l[]c[& im foa[l_m
l_p_f[ hi ^_m_gj_hbi) h…i hi p_hnl_ _g ko_ [mj_mmi[mm…ia_l[^[m) _) ^_ ji^_l m…ii]oj[^im jil ^c`_l_hn_mncjim ^_ _fcn_)ko_ m_^_mn[][g ^[
jiln[hni) h…i[jic[p[g aip_lhim [lcmni]lƒnc]imhi m_hnc^ijf[n‹hc]i) nl[+ jijof[†…i nin[f _ ko_ m…il_]ihb_]c^im jil _mn[]igi _`_ncp[g_hn_ _r]_+
^c]cih[f, Nil ionli f[^i) i g‡ni^i ^_ _m]ifb[ jil pin[†…i ^cl_n[ ^[ jf_+ f_hn_m,MmFWNXYTN ^_ N[l_ni) [mmcg]igi im ^_ GmŠ]l[n_m) m_l_p_f[g jil
^_m_gj_hbi _ ji^_g m_l[f†[^im [ j[lncl ^_ ko[fko_l jimc†…ih[ _m][f[ `l_kŽ_hn[ jil h_]_mmc^[^_h…i_mncp_mm_ n…ifiha_ ^i c^_[f q_\_lc[hi ^_
mi]ci_]ih‹gc][, Cg ionl[m j[f[pl[m) [ _r]_fˆh]c[ [lcmni]lƒnc][ ‡) [ lcail) ohcp_lm[fcmgi)[f‡g ^_ m_l_p_f[l gocni jio]i ch]fch[^[ [ ilc_hn[l+m__m+
^_gi]lƒnc][) _h]ihnl[h^i+m_ [f_[nilc[g_hn_ _g ni^[ j[ln_, C m…i_mm[m nlcn[g_hn_ j_fi chn_l_mm_ j•\fc]i _g mo[m^_]cmŒ_m ^cƒlc[m,Monl[ p_t) bƒ
_fcn_m) nl[hm`ilg[^[m j_fi diai ^[ jif‰nc][ _ j_f[m ]ihnchaˆh]c[m ila[+ l[tŒ_mj[l[ _mm_ ^cmn[h]c[g_hni _hnl_ i c^_[f _ i goh^[hi ]od[ml[‰t_m
hct[]cih[cm) ko_ Kc]b_fmn_g_ _ jl_pˆ p_hb[g [ m_nl[hm`ilg[l _g ifc+ [jli`oh^[g+m_ _g mifi chmncno]cih[f_ mi]c[f ]igjf_n[g_hn_ ^_m]ihb_]c+
a[lkoc[m) h…i jil g‡lcni) ]igi _g GmŠ]l[n_m _ N[l_ni) g[m jil g[f‰]c[) ^i [i n_gji ^_ U_\_l,
l_]olmim jlcp[nct[^im _ g[hcjof[†…i c^_ifŠac][ ^_ m‰g\ifim^_ c^_hnc^[+ ? ]igjf_rc^[^_ ^i gi^_lhi [j[l[ni _mn[n[fchnli^otco f[la[ g[la_g
^_ ]ig _]i jf[n‹hc]i, Sg ^im ch^c][^il_m ]lo]c[cm ^_ ko_ n[f j_lp_lm…i ^_ mcfˆh]cichn_ljl_n[ncpi _hnl_ im n_rnimf_a[cm)cmni‡) _hnl_ [mhilg[m ko_
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Nimc†…i - 0 1 2 3 4 5 6

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E_l[f .,02 .,01 .,02 .,1. .,/1 .,/5 .,16 .,16 .,05 .,05 .,1/ .,04 .,/6 .,03 .,/2 .,/6

Riji .,0/ .,01 .,07 .,1/ .,/3 .,0. .,06 .,02 .,21 .,17 .,05 .,10 .,05 .,07 .,// .,0/

K_ci .,/6 .,// .,/5 .,05 .,/. .,/0 SO .,0/ .,/6 .,0/ .,1. .,/6 .,/5 .,02 .,/3 .,/6

Dcg .,/3 .,03 .,.5 .,06 .,.2 .,/3 .,.. .,12 .,04 .,06 .,07 .,03 .,/6 .,01 .,/0 .,/4

Dihn_88GNIJR%
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)$%&($ #
+->- 01 *167=-A@7 $ &779;1 )-94-516;-9
!-4;- 1 .-3>- /16;9-430-01 2319?98<3/- 914-;3=-"

Nimc†…i / 0 1 2 3 4 5

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E_l[f .,02 .,01 .,02 .,1. .,/5 .,/5 .,04 .,07 .,06 .,03 .,/5 .,02 .,/. .,/6

Riji .,0/ .,01 .,07 .,1/ .,00 .,02 .,05 .,10 .,07 .,07 .,04 .,1. .,.4 .,/3

K_ci B=**K* .,// .,/5 .,05 .,/0 .,/5 .,01 .,/5 .,04 .,/6 .,/5 .,01 .,// .,/1

Dcg .,/3 .,03 .,.5 .,06 .,.6 .,/6 .,/3 .,03 .,05 .,02 .,/3 .,0/ .,// .,/0

Dihn_88IJR# NGNIJR%
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mofn[h^i+[m ch]c^_hn[fg_hn_) ]ih`ilg_ i chn_l_mm_ ^_mj_ln[^i) i f_c+
]lcgch[†…i jlijimn[) [ m[\_l) n[r[m ^_ l_hip[†…i \oli]lƒnc][ ^_m[al_a[^[
nil _mn[lƒ[^_mnl[^i j[l[ ]ih]il^[l io ^cp_lacl ^[m]ih]fomŒ_mko_ dofai
]ih`ilg_ [ ]f[mmc`c][†…i ^[m[aˆh]c[m ^_ []il^i ]ig i ]lcn‡lci ^_ g[cil
j_lnch_hn_ml_ncl[l ^[m bcjŠn_m_mmi\l_ i ko_ j[l_]_ b[p_l m_j[mm[^i)
io g_hil ]_hnl[fct[†…i bc_lƒlkoc][ l_f[ncp[) ij_l[]cih[fct[^i _g nilhi
[i fihai ^_ ko[ln<hn[ [him %/723+/764&) h[m l_f[†Œ_m_hnl_ \oli]l[+
, ^[ g_^c[h[ %p[fil ko_ ^cpc^_i ]ihdohni ^_ ][mim_g ^icmmo\]ihdohnim
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Mml_mofn[^im_mn[n‰mnc]im _ mo[mchn_ljl_n[†Œ_m)^cm]lcgch[^im hi [h_+
Cg 10 j[l_m ^_ ]igj[l[†…i _hnl_ [mn[r[m ^_ l_hip[†…i _g [aˆh]c[m
ri) m…ili\omnim _ jin_h]c[fg_hn_ lc]im ^_ mcahc`c][^im,K[m _rca_g) j[l[
[]cg[ %[& io [\[cri %\&^[ g_^c[h[) h[ n[\_f[ 1) icni) ]ill_mjih^_h^i [
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p[^[ ]_hnl[fc^[^_, L[ n[\_f[ %#_g 10 j[l_m ^_ ]igj[l[†…i) m_cm) ]ill_m+
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jlcilcn[lc[g_hn_) i bcjin‡nc]i cgj[]ni ^_ jlƒnc][m ]fc_hn_fcmn[m h[mn[r[m
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\l[mcf_cli, M l_acmnli^[ ]ih]_hnl[†…i ^_ `l_kŽˆh]c[ ^_ ^_mpcimhim j_l‰i+
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[ jl_pcm…i^_ ko_ i l_mofn[^i ^[m h_ai]c[†Œ_m^_p_lc[ `c][l nl[hmj[l_hn_
g_nc]ofim[ chn_ljl_n[†…i ^im l_mofn[^im,
[jŠm [m_f_c†Œ_m j[l[ [ A„g[l[ ^im B_jon[^im) ko[h^i m…ij_lci^c][g_hn_
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l_pcmn[m [mjih^_l[†Œ_m ^_ ji^_l ^[m^cp_lm[m̀[]†Œ_mj[lnc^ƒlc[m, B_ _m+
mc†…i^im ^[^im8 og[ ]igj[l[†…i ^[m n[r[m ^_ l_hip[†…i jil ]iiln_
j_l[l) jiln[hni) ko_ [mn[r[m ^_ l_hip[†…i ^[m_fcn_m \oli]lƒnc][m ^[m[aˆh+
jl_mc^_h]c[f [NX$c$[NX ‚m]iiln_m j[lf[g_hn[l_m9 ]igj[l[†…i cun_l]=il+
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n_mjl_mc^_h]c[cm9]igj[l[†…i ^[mn[r[m jil jimc†Œ_m%niji) g_Gu _ `nu&9
moj_lcil_m ‚ko_f[m l_f[ncp[m‚m]iiln_m jl_mc^_h]c[cm,Ri^im im ^_jon[^im
_) `ch[fg_hn_) [ ]igj[l[†…i ^[mn[r[m nig[h^i _g ]ihmc^_l[†…i i nGjM
_f_cnimh[ g_mg[ _f_c†…ij_ln_h]_g ‚ g_mg[ ]iiln_ !<> nolg[& j[lf[g_h+
^_ _mnlonol[ila[hct[]cih[f ^[m[aˆh]c[m %g[cil io g_hil ]_hnl[fc^[^_
n[l) ch^_j_h^_hn_g_hn_ ^_ c^[^_ io `cfc[†…ij[lnc^ƒlc[) _ [ _fcn_\oli]lƒ+
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nc][ ko_ _hnl[) j_lg[h_]_ io m[c)^ol[hn_ [ko_f[ J_acmf[nol[) ]igjŒ_ i
h•g_lim _rjimnim h[mn[\_f[m [onilct[g, B_jicm ^_ ]ihmofnƒ+G[m io ]ih+
aloji \oli]lƒnc]i ]ill_mjih^_hn_ ‚ko_f[ ]iiln_ j[lf[g_hn[l, Mml_mof+
n[^im) _hnl_n[hni) ]ih`clg[h^i [ momj_cn[^_ ko_ [ n_m_]fc_hn_fcmn[ ‡ jl_+ Hƒi g_mgi h…im_ji^_ [`clg[l _g l_f[†…i [i j_l‰i^i Hi…iEiof[ln,
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^i ]ihnlif_ io [ [g_[†[ ^[ chmn[\cfc^[^_^i [j[l_fbi _mn[n[f^_m]_hnl[fc+ Q_lc[ [g\c]cimi jl_mogcl ko_ og _mno^i n…i_rjfil[nŠlci _ l_mnlcni
t[^i m_^_fch_[p[ + i ko_ l_p_f[ i ][lƒn_l ]lo]c[f ^[ ]igj[l[†…i _hnl_ ko[hni i jl_m_hn_jo^_mm__fo]c^[l ^_`chcncp[g_hn_[ g[n‡lc[, L…i i\m+
j_l‰i^im jl_mc^_h]c[cm, n[hn_)‡ `ƒ]cfp_lc`c][l ko_) ^_ []il^i ]ig [mjlijimc†Œ_m 0 _ 5 %[h_ri 0&)
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cmni‡) i ko_ [jl_m_hn[lc[ [mg[cil_m n[r[m ^_ l_hip[†…i ^[m _fcn_m [^gc+ n[^i) m_g ko[fc`c][†Œ_m_ ho[h]_m) m__mn[lc[[^gcnch^i ]igi p_l^[^_cl[
hcmnl[ncp[m j[l[ i h‰p_fg[cm [al_a[^i %a_l[f&) n[hni ko[hni j[l[ [mjimc+ [ bcjŠn_m_ko_ jimnof[ [ _rcmnˆh]c[^_ og[ ]ih_r…i _hnl_ [onilcn[lcmgi _
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Chnl_n[hni) nl[n[h^i+m_ ^_ og j_l‰i^i ^_ ]oln‰mmcg[ ^ol[†…i) _ ko_ m_ gcl g[cil ]ihnchoc^[^_ _ _`c]cˆh]c[ aip_lh[g_hn[cm, Ri^[pc[) [ jlijimc+
ch[oaol[ ^_ ]ih`ilgc^[^_ [ og[ ^ch„gc][ ijimc]cihcmn[) h…i m_lc[mol+ †…i3 %[h_ri 0&moa_l_][gchbi ijimni, M aip_lhi jlip[p_fg_hn_ g[cm
jl_m[ _h]ihnl[l _f_p[^i cgj[]ni ^[ go^[h†[ ^_ aip_lhi mi\l_ [ _fcn_ ^_gi]lƒnc]i hi j_l‰i^i jl‡+/742) i ^_ Hom]_fchiIo\cnm]b_e) `ic [i g_mgi
\oli]lƒnc][) _g m_och‰]ci) \om][h^i ^cmnlc\ocli ]if‡aci ^_ m_aoc^il_mf_[cm n_gji i g[cm _mnƒp_f_g mo[[^gchcmnl[†…ich^cl_n[) j[lnc]of[lg_hn_ hi
j_f[m jimc†Œ_m _mnl[n‡ac][m^[ [^gchcmnl[†…i+ i ko_ _`_ncp[g_hn_ i]il+ ko_ m_l_`_l_ ‚mjimc†Œ_m ^_ [ncpc^[^_+g_ci _ [ncpc^[^_+`cg,K[cm_mnƒp_f ch+
l_o +) m_h^i jl_]cjcn[^i) ni^[pc[) ch`_lcl ko_ [ g_mg[ n[r[ ^_ mo\mncnoc+ ]fomcp_^i ko_ i aip_lhi K‡^c]c) i g_him nol\of_hni ^im aip_lhim jŠm+42)
†…ig[hn_l+m_+c[him [him mo\m_kŽ_hn_m, Mm^[^im j[l[ i j_l‰i^i Oo[^lim) _ jl[nc][g_hn_ n…i_mnƒp_fko[hni _mn_hi ko_ ]ih]_lh_ ‚ jimc†…i^_ niji
[mmcg)^_p_g m_lchn_ljl_n[^im ]ig ][on_f[) j_fi g_him hi ko_ jimm[g ^[mila[hct[†Œ_m, ?mmcg)]cl]ohm]lcn[ [ [hƒfcm_[i [mj_]ni [koc chp_mnca[+
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n_)mcmn_g[m jif‰nc]iml‰ac^im) m_h^i cao[fg_hn_ [/][h†[^[ _ _mn[h^i jl_+ †Œ_m /2 _ /3 %[h_ri 0&moa_l_g ko_ _g [g\im imncjim^_ _mnlonol[m) g[cil
m_hn__g l_acg_m [\_lnim, io g_hil ]_hnl[fc^[^_ bc_lƒlkoc][) [ jimc†…i^_ niji ‡ [ g[cm chmnƒp_f
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ch^c][g ko_ [mjimc†Œ_m ^_ [ncpc^[^_+g_ci) cmni‡) [ko_f[m fca[^[m_mj_]c+ nilcnƒlci&)]ig [ m‡lc_^_ Cr_]oncpim)]ig [ m‡lc_^_ J_acmf[nol[m)
\_g ]igi
`c][g_hn_ ‚ [^gchcmnl[†…i)m_hmi_mnlcni)m…ig[cm cgj_lg_ƒp_cm ‚ mo\mnc+ `il[g c^_hnc`c][^[m_ [p[fc[^[m [mp[lc[†Œ_mh[mn[r[m ^_ l_hip[†…i [mmi+
noc†…i^i ko_ [mjimc†Œ_m ^_ niji _ ^i ko_ [ko_f[mfca[^[m‚m[ncpc^[^_m+`cg ]c[^[m ‚mjimc†Œ_m i]oj[^[m _ ‚ _mnlonol[^[m ila[hct[†Œ_m, N_fiml_mofn[+
%n‡]hc][m& ^[m ila[hct[†Œ_m, C _mn_l_mofn[^i p[f_ j[l[ [m]iiln_m jl_mc+ ^im) m…ijf[om‰p_cm [m]ih]fomŒ_mm_aochn_m8
^_h]c[cmn[hni ko[hni j[l[ [m]iiln_m j[lf[g_hn[l_m, Mm^_g[cm l_mofn[+
^im) jli]_^_h^i+m_ [ ]ihnl[mn_m_hnl_ [m^c`_l_hn_mjimc†Œ_m) ^_j_h^_g [& Oo[hni ‚ h[nol_t[ ^i l_acg_8 h…ij[l_]_ m_aoli [`clg[l+m_ ko_ g[cil
^[ ]ihmc^_l[†…i ^_ ionl[ p[lcƒp_f + [ _mnlonol[^[m ila[hct[†Œ_m + _ _mn[\cfc^[^_ [^gchcmnl[ncp[ l_ko_cl[ _f_p[^[ ^im_ ^_ [onilcn[lcmgi
m_l…i)_g ]ihm_kŽˆh]c[) ^cm]onc^immcgofn[h_[g_hn_, jif‰nc]i9
Nlcpcf_ac[h^i [ml_f[†Œ_m_hnl_ [ _mn[\cfc^[^_^[mjimc†Œ_m _ [ _mnlonol[ \& Oo[hni ‚ bcjŠn_m_^i Cmn[^i ][lnilc[f8 h…i j[l_]_ p_l^[^_cli ko_ i
^[m [aˆh]c[m) mcahc`c][ncpim l_mofn[^imm…ij_l]_jn‰p_cm,?hn_m)l_acmnl_+m_ mcmn_g[_mn[n[f^_m]_hnl[fct[^i \l[mcf_cli n_hb[ `c][^i _rjimni ‚ fŠac][
og[ i\m_lp[†…i) ko_ [koc [j[l_]_ cmif[^[) mi\l_ [ ]ih_r…i _hnl_ n[r[ ^_ ^[ ^cpcm…i ^_ _mjŠfcim)]ig _r]_†…i ^i j_l‰i^i Hi…iEiof[ln) ko_ ‡ i
l_hip[†…i ^[m_fcn_m [^gchcmnl[ncp[m_ [ _mnlonol[^[mila[hct[†Œ_m, ? jli+ ko_ g[cm m_[jlircg[ ^i gi^_fi9
jimc†…i -- %[h_ri 0&l_p_f[ ko_) _g a_l[f) [m ila[hct[†Œ_m ^_ g[cil ]& Oo[hni ‚ _mn[\cfc^[^_ ^c`_l_h]c[^[ ^[m jimc†Œ_m[^gchcmnl[ncp[m
]_hnl[fc^[^_ bc_lƒlkoc][ l_f[ncp[ _rc\_g g[cil_m n[r[m ^_ l_hip[†…i [i _mnl[n‡ac][m8[mjimc†Œ_m [^gchcmnl[ncp[mfca[^[m[ [ncpc^[^_m+g_ci^[m
h‰p_f g[cm [al_a[^i %a_l[f& ^i ko_ [mila[hct[†Œ_m ^_ g_hil ]_hnl[fc^[^_ ila[hct[†Œ_mm…ig[cml_mcmn_hn_m ‚ l_hip[†…i ^i ko_ [mjimc†Œ_m^_ niji
bc_lƒlkoc][, Cmn[pofh_l[\cfc^[^_ g[cm []_hno[^[ ^[m ila[hct[†Œ_m `iln_+ _ ^i ko_ [mjimc†Œ_mfca[^[m [ [ncpc^[^_m+`cg)ch^_j_h^_hn_g_hn_ ^[
g_hn_ ]_hnl[fct[^[m m_lƒ]illi\il[^[ jl[nc][g_hn_ _g ni^[m [m]cl]ohm+ _mnlonol[^[mila[hct[†Œ_m, Cg [g\im im ncjim^_ _mnlonol[)jil ionli
n„h]c[m)f_p[h^i [ cgjiln[hn_m ]ih]fomŒ_m[i `ch[f ^i ][j‰nofi, f[^i) [ jimc†…i^_ niji ‡ [ g[cm chmnƒp_f ^[mnlˆm9
N_f[mjlijimc†Œ_m /0 _ /1 %[h_ri 0&i\n‡g+m_ ko_ [mjimc†Œ_m _mnl[n‡+ ^& Oo[hni ‚ _mnlonol[^[mila[hct[†Œ_m8_g a_l[f) ko[hni g[cm]_hnl[fct[^[
ac][m^_ niji _ ^_ [ncpc^[^_+`cg m…ig[cm chmnƒp_cm %g[cil_mn[r[m ^_ l_+ bc_l[lkoc][g_hn_ [ ila[hct[†…i) g[cil [ jli\[\cfc^[^_ ^_ mo\mncnoc†…i
hip[†…i&h[mila[hct[†Œ_m ^_ g[cil ]_hnl[fc^[^_ bc_lƒlkoc][ ^i ko_ h[m ^_ mo[m_fcn_m^_ niji _ n‡]hc][ _g m_hnc^i_mnlcni)cmni‡) [ko_f[mfca[^[m
ila[hct[†Œ_m ^_ g_hil ]_hnl[fc^[^_ bc_lƒlkoc][, Q_nig[gim [m]iiln_m ‚m[ncpc^[^_m+`cg ^[ ila[hct[†…i) jl_m_lp[h^i+m_i j_mmi[f^[m[ncpc^[^_m+
j[lf[g_hn[l_m ]igi jihni ^_ l_`_lˆh]c[) p_lc`c][+m_)j_f[m jlijimc†Œ_m g_ci) cmni‡) [ j_ko_h[ _ [ g‡^c[ \oli]l[]c[m,
11 _ 13) ko_) ]ig _r]_†…i ^[ 3[ f_acmf[nol[%[f_acmf[nol[Eiof[ln+A[mn_ffi)
?m ^o[m •fncg[m ch`_lˆh]c[m) H _ 8$j_lgcn_g ko_ m_l_nig_ i n_g[
/740+/744&) n[g\‡g [mjimc†Œ_m ^_ niji _ ^_ [ncpc^[^_+`cgm…ig[cmchmnƒ+
]_hnl[f ^_mn__mno^i, M `_h‹g_hi ^[ n_]hi]l[]c[ ‡) m_g ^•pc^[) gi+
p_cm_g ila[hct[†Œ_m ^_ g[cil ]_hnl[fc^[^_ bc_lƒlkoc][ ^i ko_ _g
^_gi, Cmn[lƒ jimmcp_fg_hn_ fca[^i [i ^_m^i\l[g_hni ^[m `oh†Œ_m ^i hct[†…i ^[ \oli]l[]c[ ]_hnl[fct[^[ m__mn[lc[ jli]_mm[h^i jil gcg_ncmgi
Cmn[^i ko_) [i m__rj[h^cl _ \om][l _`c]cˆh]c[ ^_ []il^i ]ig im j[+ ^im j[^lŒ_m ^_ ]igj_nˆh]c[ _mn[\_f_]c^im j_f[ \oli]l[]c[ ^_m]_hnl[fct[^[,
^lŒ_m ^i g_l][^i) j[mm[ [ l_ko_l_l i ]ih]olmi ^_ ij_l[^il_m ][j[+ M [j[l_fbi ^_ Cmn[^i ^_m]_hnl[fct[^i _mn_p_)jiln[hni) ^_m^_ i ch‰+
t_m, ?mmcg ]igi h[ _m`_l[ jlcp[^[ [mal[h^_m _gjl_m[m ]ih]ill_g j_fim ]ci) mo\g_nc^i [ j[^lŒ_m ^_ ij_l[†…i ih^_ [ _`c]cˆh]c[ _ [ ]igj_nˆh]c[
g_fbil_m _r_]oncpim + `_h‹g_hi ]ihb_]c^i ]igi GWFNS$MZSYNSL $# _l[g ]lcn‡lcim `oh^[g_hn[cm ^_ [p[fc[†…i, B[‰`foco [ h_]_mmc^[^_ ^_ ko_
n[g\‡g h[ _m`_l[ j•\fc][ m…icgj_lcimim i l_]lon[g_hni _ [ m_f_†…i im jimnim ^_ cgjiln„h]c[ _mnl[n‡ac][ `c][mm_g [ m[fpi ^[m h_ai]c[†Œ_m
^_ j_mmi[f ^in[^i ^_ b[\cfc^[^_m _mj_]‰`c][m)j_fi g_him ^i m_aoh^i jif‰nc][m]ihp_h]cih[cm, L[ g_^c^[ _g ko_ i jl__h]bcg_hni ^im jimnim
_m][f…i j[l[ \[cri, M jl__h]bcg_hni ^_ ][laim ^_ cgjiln„h]c[ _mnl[+ ^_g[h^[p[ ^_ m_omij_l[^il_m og[ ko[fc`c][†…i n‡]hc][ [jlijlc[^[) _m+
n‡ac][ ^_cr[ ^_ m_l i l_mofn[^i ^_ g_l[ j[lncfb[ ^_ _mjŠfcim j[l[ m_ n_mij_l[^il_m m_]ihp_lnc[g _g [nil_m jif‰nc]im ^_ hip[ _mj‡]c_) cmni‡)
nl[hm`ilg[l _g ^_fc][^[ h_ai]c[†…i jif‰nc][, Cmn_jihni _rca_ ]ig_h+ [ko_f_m ko_ ^_p_lc[g h_]_mm[lc[g_hn_ m_l ]ihmofn[^im ko[hni ‚m jif‰nc+
][m [ m_l_g m_aoc^[m)jil cmmig_mgi ko_ _l[g [mj_mmi[m][j[t_m ^_ [p[+
nƒlci jilg_hilct[^i,
?^gchcmnl[l i [j[l_fbi ^_ Cmn[^i ]igi og mcmn_g[^_ _mjŠfci) [ m_l fc[l jil ko_ logim i\n_l+m_+c[ _`c]cˆh]c[ ^_ ^_m_gj_hbi, Dic) jil
^cmnlc\o‰^i]igi \_h_mm_[ ^cp_lm[m`[]†Œ_mjif‰nc][mch^_j_h^_hn_g_hn_ •]ihm_aochn_) [ i\lca[†…i ^_ i\n_l l_mofn[^im _`c]c_hn_mh[ ij_l[†…i ^i m_nil
^i ^_m_gj_hbi _mj_l[^i) ‡ n_h^ˆh]c[ ]ihb_]c^[ _ [jihn[^[ j_f[ fcn_l[+ j•\fc]i ^_m]_hnl[fct[^i ko_ nl[hm`ilgio im l_mjihmƒp_cm j_f[m ^cp_lm[m
ohc^[^_m ^_mn_m_nil _g [nil_m jif‰nc]iml_f_p[hn_m,.
nol[ _mj_]c[fct[^[, Li @l[mcf)n[f `_h‹g_hi `ic _mncag[nct[^i ]ig i lŠno+
M l_]olmi jif‰nc]i `oh^[g_hn[f ^_ ko_ ^cmjŒ_g _mn_m [nil_m jif‰nc]im
fi ^_ Cmn[^i ][lnilc[f) ko_ n_lc[ jl_p[f_]c^i [n‡ l_]_hn_g_hn_, B_ []il^i
‡ i ]ihb_]cg_hni _mj_]c[fct[^i) [ ][j[]c^[^_ ^_ ]iil^_h[l alojim ^_
]ig [ bcjŠn_m_)i [j[l_fbi ^_ Cmn[^i \l[mcf_cli d[g[cm `ic ]ig[h^[^i m_d[
nl[\[fbi ^_ _f_p[^[ ]igj_nˆh]c[ n‡]hc][, ?f‡g ^cmmi)[^kocl_g mojf_g_h+
jil hilg[m _ jf[him ^_ fihai jl[ti) m_d[m_aoh^i [ ‡nc][ ko_ [ fcn_l[nol[
n[l_m al[om ^_ fc\_l^[^_ _g ]ill_mjih^ˆh]c[ ‚ [onihigc[ `ch[h]_cl[ ^[m
]fƒmmc][[nlc\o‰[ ‚ gi^_lh[ \oli]l[]c[) io m_d[)]igj_nˆh]c[) h_onl[fc^[+
ila[hct[†Œ_m ko_ ^clca_g, Cg n_l]_cli foa[l) nilh[g+m_ [ch^[ g[cm cg+
^_) cgj[l]c[fc^[^_, @_g [i ]ihnlƒlci) nl[n[l+m_+c[^_ l_j[lncl im l_]olmim
jiln[hn_m _g l[t…i ^[ _mnlonol[ ^[ ila[hct[†…i ko_ ]ig[h^[g) [ ko[f
_mn[n[cm_hnl_ [m ]ill_hn_m j[lnc^ƒlc[m ko_ jlijc]c[p[g [jici [i aip_lhi
ji^_ jlijc]c[l g[cil io g_hil jli\[\cfc^[^_ ^_ j_lg[hˆh]c[ him jim+
+ _h`cg) og[ jimm‰p_f_ omo[f `ilg[ ^_ j[a[g_hni [ n[f [jici, Cg ]ih+
nim) ]ihp_ln_h^i+m_ _mn[j_lg[hˆh]c[) jil mo[ p_t) _g [^c]cih[f l_]olmi
m_kŽˆh]c[) i ^_m_gj_hbi ^i Cmn[^i m_lc[ ch_`c]c_hn_) ]illojni _ ch]ig+
^_ ji^_l jil ]ihn[ ^[ _rj_lcˆh]c[ [^koclc^[, ?i ]ihnlƒlci ^i l_f[ncpi
j_n_hn_, Q_aoch^i [ fŠac][ ^[ bcjŠn_m_) _ _g [h[fiac[ ]ig [ _rj_lcˆh]c[
^_mjl_ti ko_ [m[\il^[a_hm bcmnŠlc]i+]fc_hn_fcmn[m g[hc`_mn[g j_f[ cgjil+
chn_lh[]cih[f) mojohb[+m_ ko_ ^i ^_m_hpifpcg_hni ^i j[‰m_g_lacmm_ [
n„h]c[ ^[m _mnlonol[mila[hct[]cih[cm) i\m_lpio+m_ cgjiln[hn_ l_f[†…i) ^_
_rcaˆh]c[ ^[ ]ihmncnoc†…i ^_ og[ \oli]l[]c[ _mn[n[f ]ih`ilg_ j[^lŒ_m
]ih`ch[g_hni io g[cil f[ncno^_ ^_ [†…i) _hnl_ i goh^i ^[m ila[hct[†Œ_m
ncjc][g_hn_ c^_[cm,
_ [ _^o][†…i `oh]cih[f ^[ \oli]l[]c[, Dic _mn_[nil ko_ ^_`chco) _ [ch^[
N_fi ]ihdohni ^_ ch`ilg[†Œ_m dƒ [jl_m_hn[^[m) ni^[pc[) m[\_+m_ko_ [
_g al[h^_ j[ln_ ^_`ch_) _g jlcg_cl[ chmn„h]c[)[ml_al[m ^_ l_f[]cih[g_hni
bcjŠn_m_ ^i Cmn[^i ][lnilc[f h…i m_[jfc][ chn_cl[g_hn_ [i ][mi \l[mcf_cli,
]ig alojim ^_ chn_l_mm_)_]ih‹gc]im io ^[ ]f[mm_ jif‰nc][) _ ]ig i
Aig _`_cni) i ko_ j[l_]_ n_l i]illc^i `ic og[ _mj‡]c_ ^_ ^cpcm…i_hnl_
mch^c][fcmgi ij_lƒlci,
og[ j[ln_ ^i [j[l_fbi ^_ Cmn[^i ]_hnl[fct[^i) ih^_ i `_h‹g_hi m_gim+
nl[lc[ ]ig [faog[ pcmc\cfc^[^_) _ i [j[l_fbi ^_ Cmn[^i ^_m]_hnl[fct[^i) i
0} ]f[li ko_ h…imo\m]l_pi [ n_m_^_ ko_ _rcmn_gmifo†Œ_m jol[g_hn_ !n‡]hc][m! j[l[ jli\f_g[m
ko[f) ^[^im im gincpim jif‰nc]im ^[ mo[ chmncnoc†…i %p_l][j‰nofi G&)n_lc[ _]ih‹gc]im _ mi]c[cm,? ˆh`[m_ h[ ^cmnch†…i _hnl_ l_]lon[g_hni n_]hi]lƒnc]i _ l_]lon[g_hni
mc^i jlin_ac^i ^[ fŠac][ ][lnilc[G, ?mmcg) [ jl_mm…il_]_hn_ j[l[ [ gi^_l+ ]fc_hn_f‰mnc]im_]ih]_hnl[ him l_]olmim ^_ +ji^_l ko_ m…i^c`_l_hn_mhim ^icm ncjim ^_ jif‰nc][,
?LCVM /
? _pifo†…i ^im `ilg[nim ila[hct[]cih[cm ^im alojim _rnl[+_mn[n[cm ‡
?h_ri g_ni^ifŠac]i + ^_m]lc†…i^im jli]_^cg_hnim
p[lcƒp_f cao[fg_hn_ l_f_p[hn_ h[ ^_`chc†…i^i j[^l…i ij_l[ncpi ^i Cmn[^i,
oncfct[^im hi ]ƒf]ofi ^[m n[\_f[m
Linƒp_f) h[ fcn_l[nol[ ]fƒmmc][mi\l_ i jon[ncpi ]fc_hn_fcmgi^im Cmn[^im
^_ j[‰m_m _g ^_m_hpifpcg_hni) ‡ [ ^cl_†…i_r]fomcp[ ^i fc\_fi []om[nŠlci
_hpifp_h^i [ \oli]l[]c[ _ jif‰nc]im̀cmcifŠac]im,Elojim ^_ chn_l_mm_ [fn[+ ?m n[\_f[m _rjl_mm[g [faog[m _f[\il[†Œ_m _ ^c`_l_hn_m]ƒf]ofim _g
g_hn_ chn_al[^im _ ]od[ ij_l[†…i h…im_l_mnlchac[[ i\d_ncpim^_ ]oln‰mmcgi ]cg[ ^im ^[^im \lonim) j_lgcnch^i [ i\n_h†…i ^_ ]i_`c]c_hn_m][j[t_m
jl[ti) ]igi i ^im jif‰nc]iml_nl[n[^im) _mn…i ]igjf_n[g_hn_ [om_hn_m ^[m ^_ m_lpclj[l[ [ [hƒfcm_jl_n_h^c^[, Rilh[+m_) jiln[hni) h_]_mmƒlci_rjfc+
[hƒfcm_m ]ihp_h]cih[cm, _ ]igi m_)ch]fomcp_)h…i`imm_^i chn_l_mm_ l[]ci+ ]cn[l [mfŠac][mm_aoc^[mj[l[ i\n_h†…i ^im ]i_`c]c_hn_m_ j[l[ [ `ilg[†…i
h[f ^im alojim ^_ chn_l_mm_) [ko_f_mjlcpcf_ac[^im j[lnc]cj[hn_m) ko_ [faog ^[m n[\_f[m,
io [faohm m_nil_m^[ \oli]l[]c[ h…i m_]igjiln[mm_g q_\_lc[h[g_hn_,
Monlim)mcg,Chn_h^_l ]igi ij_l[p[) chn_al[fg_hn_) i _r+J_pc[n…\l[mc+
f_cli ‡ i ko_ m_]ig_†[ [ _m]f[l_]_l hi jlŠrcgi ][j‰nofi,
• Mmh•g_lim [jl_m_hn[^im h_mn[g[nlct nl[^ot_g im p[fil_m \lonim ^im
g_g\lim ^[ _fcn_[^gchcmnl[ncp[]ihmc^_l[^im hipim hi [j[l_fbi ^i Cm+
n[^i ^ol[hn_ i j_l‰i^i ^_ /723 [ /752) _ ko_ j_lg[h_]_g [i fihai ^i
n_gji, P_jl_m_hn[g i mig[nŠlci ^im ch^cp‰^oim ko_ i]oj[l[g ^_ og [
nlˆm][laim hi Cmn[^i,

M nin[f ^ol[hn_ i [hi ]ihmcmn_hi mig[nŠlci ^im !hipim! %_hnl[^imh_mn_


[hi& hi [hin g[cm im p[fil_m _rcmn_hn_m
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?mmo\mncnoc†Œ_m `il[g i\nc^[m [nl[p‡m^i mig[nŠlci ^i nin[f ^_ hipim hi


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33 /1 /. 2 2 2 1 0 0 0 0 / / / / / /
34 /4 /1 /0 4 4 2 2 / / / / / / / / / / / / /
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