Abstract: Most empirical studies have analyzed how liquidity risks faced by individual institutions turn into systemic risk. Recent banking crisis has highlighted the importance of grasping and controlling the systemic risk, and the acceptance by Central Banks to ease their monetary policies for saving default or illiquid banks. This last point shows that banks would pay less attention to liquidity risk which, in turn, can become a new important channel of loss. The financial regulation focuses on the most important and “systemic” banks in the global network. However, to quantify the expected loss associated with liquidity risk, it is worth to analyze sensitivity to this channel for the various elements of the global bank network. A small bank is not considered as potentially systemic; however the interaction of small banks all together can become a systemic element. This paper analyzes the impact of medium and small banks interaction on a set of banks which is considered as the core of the network. The proposed method uses the structure of agent-based model in a two-class environment. In first class, the data from actual balance sheets of 22 large and systemic banks (such as BNP Paribas or Barclays) are collected. In second one, to model a network as closely as possible to actual interbank market, 578 fictitious banks smaller than the ones belonging to first class have been split into two groups of small and medium ones. All banks are active on the European interbank network and have deposit and market activity. A simulation of 12 three month periods representing a midterm time interval three years is projected. In each period, there is a set of behavioral descriptions: repayment of matured loans, liquidation of deposits, income from securities, collection of new deposits, new demands of credit, and securities sale. The last two actions are part of refunding process developed in this paper. To strengthen reliability of proposed model, random parameters dynamics are managed with stochastic equations as rates the variations of which are generated by Vasicek model. The Central Bank is considered as the lender of last resort which allows banks to borrow at REPO rate and some ejection conditions of banks from the system are introduced.
Liquidity crunch due to exogenous crisis is simulated in the first class and the loss impact on other bank classes is analyzed though aggregate values representing the aggregate of loans and/or the aggregate of borrowing between classes. It is mainly shown that the three groups of European interbank network do not have the same response, and that intermediate banks are the most sensitive to liquidity risk.
Abstract: Coastal zone combines terrestrial, marine and atmospheric factors and gives rise to unique landforms that play an important role in long-term sustainability of the hinterland and economy of maritime nations. World over, efforts have been put forth to understand plants of the seacoasts. In India also, plants of several geographical entities have been well documented, but works devoted to plant communities of the vast tropical coast of India and its States are still insufficient. Therefore, an inventory of plants flourishing in a stretch of ~450km of the Coastal Regulatory Zone I encompassing a total of 84 villages in 6 revenue Districts of northern Andhra Pradesh (15o42’06”N, 80o51’03”E to 19o05’51”N, 84o47’44”E) along Bay of Bengal was carried out. The study revealed presence of a total of 364 species belonging to 225 genera under 71 families. In addition to inventory, zonation pattern, ethnobotany, and certain interesting ecological facts are included.
Abstract: The aquatic plants are a promising renewable energy resource. Lake Fúquene polluting macrophytes, water hyacinth (Eichhornia crassipes C. Mart.) and Brazilian elodea (Egeria densa Planch.), were saccharifiedby different treatments and fermented to ethanol by native yeasts. Among the tested chemical and biological methods for the saccharification, Pleurotus ostreatus at 10% (m/v) was chosen as the best pre-treatment in both macrophytes (P
Abstract: Internet is one of the major sources of information for
the person belonging to almost all the fields of life. Major language
that is used to publish information on internet is language. This thing
becomes a problem in a country like Pakistan, where Urdu is the
national language. Only 10% of Pakistan mass can understand
English. The reason is millions of people are deprived of precious
information available on internet. This paper presents a system for
translation from English to Urdu. A module LESSA is used that uses
a rule based algorithm to read the input text in English language,
understand it and translate it into Urdu language. The designed
approach was further incorporated to translate the complete website
from English language o Urdu language. An option appears in the
browser to translate the webpage in a new window. The designed
system will help the millions of users of internet to get benefit of the
internet and approach the latest information and knowledge posted
daily on internet.
Abstract: The notions of prime(semiprime) fuzzy h-ideal(h-biideal,
h-quasi-ideal) in Γ-hemiring are introduced and some of their
characterizations are obtained by using "belongingness(∈)" and
"quasi - coincidence(q)". Cartesian product of prime(semiprime)
fuzzy h-ideals of Γ-hemirings are also investigated.
Abstract: Traditional Javanese classic dance is a valuable
inheritance in Java Indonesia. Nowadays, this treasure of culture is
no longer belonging to Javanese people only. Many art departments
from universities around the world already put this as a subject in
their curriculum. Nonetheless, dance is a practical skill. It needs to be
practices so often while accompanied by an instructor to get the right
technique. An interactive Computer Aided Instruction (iCAI) that can
interactively assist the student to practice is developed. By using this
software students can conduct a self practice in studio and get some
feedbacks from the software. This CAI is not intended to replace the
instructor, but to assist them in increasing the student fly-time in
practice.
Abstract: In this paper, the periodic surveillance scheme has
been proposed for any convex region using mobile wireless sensor
nodes. A sensor network typically consists of fixed number of
sensor nodes which report the measurements of sensed data such as
temperature, pressure, humidity, etc., of its immediate proximity
(the area within its sensing range). For the purpose of sensing an
area of interest, there are adequate number of fixed sensor
nodes required to cover the entire region of interest. It implies
that the number of fixed sensor nodes required to cover a given
area will depend on the sensing range of the sensor as well as
deployment strategies employed. It is assumed that the sensors to
be mobile within the region of surveillance, can be mounted on
moving bodies like robots or vehicle. Therefore, in our
scheme, the surveillance time period determines the number of
sensor nodes required to be deployed in the region of interest.
The proposed scheme comprises of three algorithms namely:
Hexagonalization, Clustering, and Scheduling, The first algorithm
partitions the coverage area into fixed sized hexagons that
approximate the sensing range (cell) of individual sensor node.
The clustering algorithm groups the cells into clusters, each of
which will be covered by a single sensor node. The later
determines a schedule for each sensor to serve its respective cluster.
Each sensor node traverses all the cells belonging to the cluster
assigned to it by oscillating between the first and the last cell for
the duration of its life time. Simulation results show that our
scheme provides full coverage within a given period of time using
few sensors with minimum movement, less power consumption,
and relatively less infrastructure cost.
Abstract: Today-s children, who are born into a more colorful,
more creative, more abstract and more accessible communication
environment than their ancestors as a result of dizzying advances in
technology, have an interesting capacity to perceive and make sense
of the world. Millennium children, who live in an environment where
all kinds of efforts by marketing communication are more intensive
than ever are, from their early childhood on, subject to all kinds of
persuasive messages. As regards advertising communication, it
outperforms all the other marketing communication efforts in
creating little consumer individuals and, as a result of processing of
codes and signs, plays a significant part in building a world of seeing,
thinking and understanding for children. Children who are raised with
metaphorical expressions such as tales and riddles also meet that fast
and effective meaning communication in advertisements.
Children-s perception of metaphors, which help grasp the “product
and its promise" both verbally and visually and facilitate association
between them is the subject of this study. Stimulating and activating
imagination, metaphors have unique advantages in promoting the
product and its promise especially in regard to print advertisements,
which have certain limitations. This study deals comparatively with
both literal and metaphoric versions of print advertisements
belonging to various product groups and attempts to discover to what
extent advertisements are liked, recalled, perceived and are
persuasive. The sample group of the study, which was conducted in
two elementary schools situated in areas that had different socioeconomic
features, consisted of children aged 12.
Abstract: Chikungunya virus (CHICKV) is an arboviruses belonging to family Tagoviridae and is transmitted to human through by mosquito (Aedes aegypti and Aedes albopictus) bite. A large outbreak of chikungunya has been reported in India between 2006 and 2007, along with several other countries from South-East Asia and for the first time in Europe. It was for the first time that the CHICKV outbreak has been reported with mortality from Reunion Island and increased mortality from Asian countries. CHICKV affects all age groups, and currently there are no specific drugs or vaccine to cure the disease. The need of antiviral agents for the treatment of CHICKV infection and the success of virtual screening against many therapeutically valuable targets led us to carry out the structure based drug design against Chikungunya nSP2 protease (PDB: 3TRK). Highthroughput virtual screening of publicly available databases, ZINC12 and BindingDB, has been carried out using the Openeye tools and Schrodinger LLC software packages. Openeye Filter program has been used to filter the database and the filtered outputs were docked using HTVS protocol implemented in GLIDE package of Schrodinger LLC. The top HITS were further used for enriching the similar molecules from the database through vROCS; a shape based screening protocol implemented in Openeye. The approach adopted has provided different scaffolds as HITS against CHICKV protease. Three scaffolds: Indole, Pyrazole and Sulphone derivatives were selected based on the docking score and synthetic feasibility. Derivatives of Pyrazole were synthesized and submitted for antiviral screening against CHICKV.
Abstract: Transportation is one of the most fundamental
challenges of urban development in contemporary world. On the
other hand, sustainable urban development has received tremendous
public attention in the last few years. This trend in addition to other
factors such as energy cost, environmental concerns, traffic
congestion and the feeling of lack of belonging have contributed to
the development of pedestrian areas. The purpose of this paper is to
study the role of walkable streets in sustainable development of
cities. Accordingly, a documentary research through valid sources
has been utilized to substantiate this study. The findings demonstrate
that walking can lead to sustainable urban development from
physical, social, environmental, cultural, economic and political
aspects. Also, pedestrian areas –which are the main context of
walking- act as focal points of development in cities and have a great
effect on modifying and stimulating of their adjacent urban spaces.
Abstract: The objective of this work is to explicit knowledge on the interactions between the chlorophyll-a and nine meroplankton larvae of epibenthonic fauna. The studied case is the Arraial do Cabo upwelling system, Southeastern of Brazil, which provides different environmental conditions. To assess this information a network approach based in probability estimative was used. Comparisons among the generated graphs are made in the light of different water masses, application of Shannon biodiversity index, and the closeness and betweenness centralities measurements. Our results show the main pattern among different water masses and how the core organisms belonging to the network skeleton are correlated to the main environmental variable. We conclude that the approach of complex networks is a promising tool for environmental diagnostic.
Abstract: Physiological activity of the pineal gland with specific
responses in the reproductive territory may be interpreted by
monitoring the process parameters used in poultry practice in
different age batches of laying hens. As biological material were
used 105 laying hens, clinically healthy, belonging to ALBO SL-
2000 hybrid, raised on ground, from which blood samples were taken
at the age of 12 and 28 weeks. The haematological examinations
were concerned to obtain the total number of erythrocytes and
leukocytes and the main erythrocyte constant (RBC, PCV, MCV,
MCH, MCHC and WBC). The results allow the interpretation of the
reproductive status through the dynamics of the presented values.
Abstract: In this research the Preparation of Land use map of
scanner LISS III satellite data, belonging to the IRS in the Aghche
region in Isfahan province, is studied carefully. For this purpose, the
IRS satellite images of August 2008 and various land preparation
uses in region including rangelands, irrigation farming, dry farming,
gardens and urban areas were separated and identified. Therefore, the
GPS and Erdas Imaging software were used and three methods of
Maximum Likelihood, Mahalanobis Distance and Minimum Distance
were analyzed. In each of these methods, matrix error and Kappa
index were calculated and accuracy of each method, based on
percentages: 53.13, 56.64 and 48.44, were obtained respectively.
Considering the low accuracy of these methods in separation of land
preparation use, the visual interpretation of the map was used.
Finally, regional visits of 150 points were noted at random and no
error was observed. It shows that the map prepared by visual
interpretation is in high accuracy. Although the probable errors due
to visual interpretation and geometric correction might happen but
the desired accuracy of the map which is more than 85 percent is
reliable.
Abstract: One very interesting field of research in Pattern Recognition that has gained much attention in recent times is Gesture Recognition. In this paper, we consider a form of dynamic hand gestures that are characterized by total movement of the hand (arm) in space. For these types of gestures, the shape of the hand (palm) during gesturing does not bear any significance. In our work, we propose a model-based method for tracking hand motion in space, thereby estimating the hand motion trajectory. We employ the dynamic time warping (DTW) algorithm for time alignment and normalization of spatio-temporal variations that exist among samples belonging to the same gesture class. During training, one template trajectory and one prototype feature vector are generated for every gesture class. Features used in our work include some static and dynamic motion trajectory features. Recognition is accomplished in two stages. In the first stage, all unlikely gesture classes are eliminated by comparing the input gesture trajectory to all the template trajectories. In the next stage, feature vector extracted from the input gesture is compared to all the class prototype feature vectors using a distance classifier. Experimental results demonstrate that our proposed trajectory estimator and classifier is suitable for Human Computer Interaction (HCI) platform.
Abstract: The approach based on the wavelet transform has
been widely used for image denoising due to its multi-resolution
nature, its ability to produce high levels of noise reduction and the
low level of distortion introduced. However, by removing noise, high
frequency components belonging to edges are also removed, which
leads to blurring the signal features. This paper proposes a new
method of image noise reduction based on local variance and edge
analysis. The analysis is performed by dividing an image into 32 x 32
pixel blocks, and transforming the data into wavelet domain. Fast
lifting wavelet spatial-frequency decomposition and reconstruction is
developed with the advantages of being computationally efficient and
boundary effects minimized. The adaptive thresholding by local
variance estimation and edge strength measurement can effectively
reduce image noise while preserve the features of the original image
corresponding to the boundaries of the objects. Experimental results
demonstrate that the method performs well for images contaminated
by natural and artificial noise, and is suitable to be adapted for
different class of images and type of noises. The proposed algorithm
provides a potential solution with parallel computation for real time
or embedded system application.
Abstract: The worldwide prevalence of H3N2 influenza virus
and its increasing resistance to the existing drugs necessitates for the
development of an improved/better targeting anti-influenza drug.
H3N2 influenza neuraminidase is one of the two membrane-bound
proteins belonging to group-2 neuraminidases. It acts as key player
involved in viral pathogenicity and hence, is an important target of
anti-influenza drugs. Oseltamivir is one of the potent drugs targeting
this neuraminidase. In the present work, we have taken subtype N2
neuraminidase as the receptor and probable analogs of oseltamivir as
drug molecules to study the protein-drug interaction in anticipation of
finding efficient modified candidate compound. Oseltamivir analogs
were made by modifying the functional groups using Marvin Sketch
software and were docked using Schrodinger-s Glide. Oseltamivir
analog 10 was detected to have significant energy value (16% less
compared to Oseltamivir) and could be the probable lead molecule. It
infers that some of the modified compounds can interact in a novel
manner with increased hydrogen bonding at the active site of
neuraminidase and it might be better than the original drug. Further
work can be carried out such as enzymatic inhibition studies;
synthesis and crystallizing the drug-target complex to analyze the
interactions biologically.
Abstract: The morphology, mineralogical and chemical
composition of a low-grade nickel ore from Mpumalanga, South
Africa, were studied by scanning electron microscope (SEM), X-ray
diffraction (XRD) and X-ray fluorescence (XRF), respectively. The
ore was subjected to atmospheric agitation leaching using sulphuric
acid to investigate the effects of acid concentration, leaching
temperature, leaching time and particle size on extraction of nickel
and cobalt. Analyses results indicated the ore to be a saprolitic nickel
laterite belonging to the serpentine group of minerals. Sulphuric acid
was found to be able to extract nickel from the ore. Increased acid
concentration and temperature only produced low amounts of nickel
but improved cobalt extraction. As high as 77.44% Ni was achieved
when leaching a -106+75μm fraction with 4.0M acid concentration at
25oC. The kinetics of nickel leaching from the saprolitic ore were
studied and the activation energy was determined to be 18.16kJ/mol.
This indicated that nickel leaching reaction was diffusion controlled.
Abstract: This study aimed at assessing whether and to what extent moral judgment and behaviour were: 1. situation-dependent; 2. selectively dependent on cognitive and affective components; 3. influenced by gender and age; 4. reciprocally congruent. In order to achieve these aims, four different types of moral dilemmas were construed and five types of thinking were presented for each of them – representing five possible ways to evaluate the situation. The judgment criteria included selfishness, altruism, sense of justice, and the conflict between selfishness and the two moral issues. The participants were 250 unpaid volunteers (50% male; 50% female) belonging to two age-groups: young people and adults. The study entailed a 2 (gender) x 2 (age-group) x 5 (type of thinking) x 4 (situation) mixed design: the first two variables were betweensubjects, the others were within-subjects. Results have shown that: 1. moral judgment and behaviour are at least partially affected by the type of situations and by interpersonal variables such as gender and age; 2. moral reasoning depends in a similar manner on cognitive and affective factors; 3. there is not a gender polarity between the ethic of justice and the ethic of cure/ altruism; 4. moral reasoning and behavior are perceived as reciprocally congruent even though their congruence decreases with a more objective assessment. Such results were discussed in the light of contrasting theories on morality.
Abstract: Economic freedoms, most emphasized issue in the recent years, are considered to affect economic growth and performance via institutional structure. In this context, a model that includes Turkey and Middle East Countries, and where the effects of economic freedom on growth are examined, was formed. For the groups of countries determined, in the study carried out by using the dataset belonging the period of 2004 - 2009, between economic freedoms and growth, a negative relationship was observed as group. In the sense of individual effects, it was identified that there was a positive relationship in terms of some Middle East Countries and Turkey.
Abstract: This paper is concerned with exponential stability and stabilization of switched linear systems with interval time-varying delays. The time delay is any continuous function belonging to a given interval, in which the lower bound of delay is not restricted to zero. By constructing a suitable augmented Lyapunov-Krasovskii functional combined with Leibniz-Newton-s formula, a switching rule for the exponential stability and stabilization of switched linear systems with interval time-varying delays and new delay-dependent sufficient conditions for the exponential stability and stabilization of the systems are first established in terms of LMIs. Numerical examples are included to illustrate the effectiveness of the results.