Abstract: This paper focuses on the quadratic stabilization problem for a class of uncertain impulsive switched systems. The uncertainty is assumed to be norm-bounded and enters both the state and the input matrices. Based on the Lyapunov methods, some results on robust stabilization and quadratic stabilization for the impulsive switched system are obtained. A stabilizing state feedback control law realizing the robust stabilization of the closed-loop system is constructed.
Abstract: Support Vector Machine (SVM) is a recent class of statistical classification and regression techniques playing an increasing role in applications to detection problems in various engineering problems, notably in statistical signal processing, pattern recognition, image analysis, and communication systems. In this paper, SVM is applied to an infrared (IR) binary communication system with different types of channel models including Ricean multipath fading and partially developed scattering channel with additive white Gaussian noise (AWGN) at the receiver. The structure and performance of SVM in terms of the bit error rate (BER) metric is derived and simulated for these channel stochastic models and the computational complexity of the implementation, in terms of average computational time per bit, is also presented. The performance of SVM is then compared to classical binary signal maximum likelihood detection using a matched filter driven by On-Off keying (OOK) modulation. We found that the performance of SVM is superior to that of the traditional optimal detection schemes used in statistical communication, especially for very low signal-to-noise ratio (SNR) ranges. For large SNR, the performance of the SVM is similar to that of the classical detectors. The implication of these results is that SVM can prove very beneficial to IR communication systems that notoriously suffer from low SNR at the cost of increased computational complexity.
Abstract: Training neural networks to capture an intrinsic
property of a large volume of high dimensional data is a difficult
task, as the training process is computationally expensive. Input
attributes should be carefully selected to keep the dimensionality of
input vectors relatively small.
Technical indexes commonly used for stock market prediction
using neural networks are investigated to determine its effectiveness
as inputs. The feed forward neural network of Levenberg-Marquardt
algorithm is applied to perform one step ahead forecasting of
NASDAQ and Dow stock prices.
Abstract: In this paper, the decomposition-aggregation method
is used to carry out connective stability criteria for general linear
composite system via aggregation. The large scale system is
decomposed into a number of subsystems. By associating directed
graphs with dynamic systems in an essential way, we define the
relation between system structure and stability in the sense of
Lyapunov. The stability criteria is then associated with the stability
and system matrices of subsystems as well as those interconnected
terms among subsystems using the concepts of vector differential
inequalities and vector Lyapunov functions. Then, we show that the
stability of each subsystem and stability of the aggregate model
imply connective stability of the overall system. An example is
reported, showing the efficiency of the proposed technique.
Abstract: Underpricing is one anomaly in initial public offerings
(IPO) literature that has been widely observed across different stock
markets with different trends emerging over different time periods.
This study seeks to determine how IPOs on the JSE performed on the
first day, first week and first month over the period of 1996-2011.
Underpricing trends are documented for both hot and cold market
periods in terms of four main sectors (cyclical, defensive, growth
stock and interest rate sensitive stocks). Using a sample of 360 listed
companies on the JSE, the empirical findings established that IPOs
on the JSE are significantly underpriced with an average market
adjusted first day return of 62.9%. It is also established that hot
market IPOs on the JSE are more underpriced than the cold market
IPOs. Also observed is the fact that as the offer price per share
increases above the median price for any given period, the level of
underpricing decreases substantially. While significant differences
exist in the level of underpricing of IPOs in the four different sectors
in the hot and cold market periods, interest rates sensitive stocks
showed a different trend from the other sectors and thus require
further investigation to uncover this pattern.
Abstract: Due to the increasing and varying risks that economic units face with, derivative instruments gain substantial importance, and trading volumes of derivatives have reached very significant level. Parallel with these high trading volumes, researchers have developed many different models. Some are parametric, some are nonparametric. In this study, the aim is to analyse the success of artificial neural network in pricing of options with S&P 100 index options data. Generally, the previous studies cover the data of European type call options. This study includes not only European call option but also American call and put options and European put options. Three data sets are used to perform three different ANN models. One only includes data that are directly observed from the economic environment, i.e. strike price, spot price, interest rate, maturity, type of the contract. The others include an extra input that is not an observable data but a parameter, i.e. volatility. With these detail data, the performance of ANN in put/call dimension, American/European dimension, moneyness dimension is analyzed and whether the contribution of the volatility in neural network analysis make improvement in prediction performance or not is examined. The most striking results revealed by the study is that ANN shows better performance when pricing call options compared to put options; and the use of volatility parameter as an input does not improve the performance.
Abstract: If price and quantity are the fundamental building
blocks of any theory of market interactions, the importance of trading
volume in understanding the behavior of financial markets is clear.
However, while many economic models of financial markets have
been developed to explain the behavior of prices -predictability,
variability, and information content- far less attention has been
devoted to explaining the behavior of trading volume. In this article,
we hope to expand our understanding of trading volume by
developing a new measure of herding behavior based on a cross
sectional dispersion of volumes betas. We apply our measure to the
Toronto stock exchange using monthly data from January 2000 to
December 2002. Our findings show that the herd phenomenon
consists of three essential components: stationary herding, intentional
herding and the feedback herding.
Abstract: Lycopene, which can be extracted from plants and is
very popular for fruit intake, is restricted for healthy food development
due to its high price. On the other hand, it will get great safety
concerns, especially in the food or cosmetic application, if the raw
material of lycopene is produced by chemical synthesis. In this
project, we provide a key technology to bridge the limitation as
mentioned above. Based on the abundant bioresources of BCRC
(Bioresource Collection and Research Center, Taiwan), a promising
lycopene output will be anticipated by the introduction of fermentation
technology along with industry-related core energy. Our results
showed that addition of tween 80(0.2%) and span 20 produced higher
amount of lycopene. And piperidine, when was added at 48hr to the
cultivation medium, could promote lycopene excretion effectively
also.
Abstract: The research study evaluated the performance of
irrigation system by using special scientific tools like Remote
Sensing and GIS technology, so that proper measurements could be
taken for the sustainable agriculture and water management.
Different performance evaluation parameters had been calculated for
the purposed data was gathered from field investigation and different
government and private organizations. According to the calculations,
organic matter ranges from 0.19% (low value) to 0.76% (high value).
In flat irrigation system for wheat yield ranges from 3347.16 to
5260.39 kg/ha, while the total water applied to wheat crop ranges
from 252.94 to 279.19 mm and WUE ranges from 13.07 to 18.37
kg/ha/mm. For rice yield ranges from 3347.47 to 5433.07 kg/ha with
total water supplied to rice crop ranges from 764.71 to 978.15 mm
and WUE ranges from 3.49 to 5.71 kg/ha/mm. Similarly, in raised
bed system wheat yield ranges from 4569.13 to 6008.60 kg/ha, total
water supplied ranges from 158.87 to 185.09 mm and WUE ranges
from 27.20 to 33.54 kg/ha/mm while in rice crop, yield ranges from
5285.04 to 6716.69 kg/ha, total water supplied ranges from 600.72 to
755.06 mm and WUE ranges from 6.41 to 10.05 kg/ha/mm. Almost
51.3% water saving is observed in bed irrigation system as compared
to flat system. Less water supplied to beds is more affective as its
WUE value is higher than flat system where more water is supplied
in both the seasons. Similarly, RWS values show that maximum
water deficit while minimum area is getting adequate water supply.
Greater yield is recorded in bed system as plant per square meter is
more in bed system in comparison of flat system Thus, the integration
of GIS tools to regularly compute performance indices could provide
irrigation managers with the means for managing efficiently the
irrigation system.
Abstract: This paper aims to present the main instruments used
in the economic literature for measuring the price risk, pointing out
on the advantages brought by the conditional variance in this respect.
The theoretical approach will be exemplified by elaborating an
EGARCH model for the price returns of wheat, both on Romanian
and on international market. To our knowledge, no previous
empirical research, either on price risk measurement for the
Romanian markets or studies that use the ARIMA-EGARCH
methodology, have been conducted. After estimating the
corresponding models, the paper will compare the estimated
conditional variance on the two markets.
Abstract: The paper attempts a synthesis of problems relating to
municipal waste management in Nigeria and proposes a conceptual
knowledge management approach for tackling municipal waste
problems in cities across Nigeria. The application of knowledge
management approach and strategy is crucial for inculcating a change
of attitude towards improving the management of waste. The paper is
a review of existing literatures, information, policies and data on
municipal waste management in Nigeria. The inefficient management
of waste by individuals, households, consumers and waste
management companies can be attributed to inadequate information
on waste management benefits, lack of producers- involvement in
waste management as well as poor implementation of government
policies. The paper presents an alternative approach providing
solutions promoting efficient municipal waste management.
Abstract: This paper proposed a nonlinear model predictive
control (MPC) method for the control of gantry crane. One of the main
motivations to apply MPC to control gantry crane is based on its
ability to handle control constraints for multivariable systems. A
pre-compensator is constructed to compensate the input nonlinearity
(nonsymmetric dead zone with saturation) by using its inverse
function. By well tuning the weighting function matrices, the control
system can properly compromise the control between crane position
and swing angle. The proposed control algorithm was implemented for
the control of gantry crane system in System Control Lab of University
of Technology, Sydney (UTS), and achieved desired experimental
results.
Abstract: In this paper, we introduce a new method for elliptical
object identification. The proposed method adopts a hybrid scheme
which consists of Eigen values of covariance matrices, Circular
Hough transform and Bresenham-s raster scan algorithms. In this
approach we use the fact that the large Eigen values and small Eigen
values of covariance matrices are associated with the major and minor
axial lengths of the ellipse. The centre location of the ellipse can be
identified using circular Hough transform (CHT). Sparse matrix
technique is used to perform CHT. Since sparse matrices squeeze zero
elements and contain a small number of nonzero elements they
provide an advantage of matrix storage space and computational time.
Neighborhood suppression scheme is used to find the valid Hough
peaks. The accurate position of circumference pixels is identified
using raster scan algorithm which uses the geometrical symmetry
property. This method does not require the evaluation of tangents or
curvature of edge contours, which are generally very sensitive to
noise working conditions. The proposed method has the advantages of
small storage, high speed and accuracy in identifying the feature. The
new method has been tested on both synthetic and real images.
Several experiments have been conducted on various images with
considerable background noise to reveal the efficacy and robustness.
Experimental results about the accuracy of the proposed method,
comparisons with Hough transform and its variants and other
tangential based methods are reported.
Abstract: In this paper, an analytical approach for free vibration
analysis of four edges simply supported rectangular Kirchhoff plates
is presented. The method is based on wave approach. From wave
standpoint vibration propagate, reflect and transmit in a structure.
Firstly, the propagation and reflection matrices for plate with simply
supported boundary condition are derived. Then, these matrices are
combined to provide a concise and systematic approach to free
vibration analysis of a simply supported rectangular Kirchhoff plate.
Subsequently, the eigenvalue problem for free vibration of plates is
formulated and the equation of plate natural frequencies is
constructed. Finally, the effectiveness of the approach is shown by
comparison of the results with existing classical solution.
Abstract: Wavelet transform provides several important
characteristics which can be used in a texture analysis and
classification. In this work, an efficient texture classification method,
which combines concepts from wavelet and co-occurrence matrices,
is presented. An Euclidian distance classifier is used to evaluate the
various methods of classification. A comparative study is essential to
determine the ideal method. Using this conjecture, we developed a
novel feature set for texture classification and demonstrate its
effectiveness
Abstract: Environmental awareness and depletion of the
petroleum resources are among vital factors that motivate a number
of researchers to explore the potential of reusing natural fiber as an
alternative composite material in industries such as packaging,
automotive and building constructions. Natural fibers are available in
abundance, low cost, lightweight polymer composite and most
importance its biodegradability features, which often called “ecofriendly"
materials. However, their applications are still limited due
to several factors like moisture absorption, poor wettability and large
scattering in mechanical properties. Among the main challenges on
natural fibers reinforced matrices composite is their inclination to
entangle and form fibers agglomerates during processing due to
fiber-fiber interaction. This tends to prevent better dispersion of the
fibers into the matrix, resulting in poor interfacial adhesion between
the hydrophobic matrix and the hydrophilic reinforced natural fiber.
Therefore, to overcome this challenge, fiber treatment process is one
common alternative that can be use to modify the fiber surface
topology by chemically, physically or mechanically technique.
Nevertheless, this paper attempt to focus on the effect of
mercerization treatment on mechanical properties enhancement of
natural fiber reinforced composite or so-called bio composite. It
specifically discussed on mercerization parameters, and natural fiber
reinforced composite mechanical properties enhancement.
Abstract: In this paper we present a new method for coin
identification. The proposed method adopts a hybrid scheme using
Eigenvalues of covariance matrix, Circular Hough Transform (CHT)
and Bresenham-s circle algorithm. The statistical and geometrical
properties of the small and large Eigenvalues of the covariance
matrix of a set of edge pixels over a connected region of support are
explored for the purpose of circular object detection. Sparse matrix
technique is used to perform CHT. Since sparse matrices squeeze
zero elements and contain only a small number of non-zero elements,
they provide an advantage of matrix storage space and computational
time. Neighborhood suppression scheme is used to find the valid
Hough peaks. The accurate position of the circumference pixels is
identified using Raster scan algorithm which uses geometrical
symmetry property. After finding circular objects, the proposed
method uses the texture on the surface of the coins called texton,
which are unique properties of coins, refers to the fundamental micro
structure in generic natural images. This method has been tested on
several real world images including coin and non-coin images. The
performance is also evaluated based on the noise withstanding
capability.
Abstract: In this study, we used a two-stage process and
potassium hydroxide (KOH) to transform waste biomass (rice straw)
into activated carbon and then evaluated the adsorption capacity of the
waste for removing carbofuran from an aqueous solution. Activated
carbon was fast and effective for the removal of carbofuran because of
its high surface area. The native and carbofuran-loaded adsorbents
were characterized by elemental analysis. Different adsorption
parameters, such as the initial carbofuran concentration, contact time,
temperature and pH for carbofuran adsorption, were studied using a
batch system. This study demonstrates that rice straw can be very
effective in the adsorption of carbofuran from bodies of water.
Abstract: The problem of updating damped gyroscopic systems using measured modal data can be mathematically formulated as following two problems. Problem I: Given Ma ∈ Rn×n, Λ = diag{λ1, ··· , λp} ∈ Cp×p, X = [x1, ··· , xp] ∈ Cn×p, where p
Abstract: In this paper, we present a new method for
incorporating global shift invariance in support vector machines.
Unlike other approaches which incorporate a feature extraction stage,
we first scale the image and then classify it by using the modified
support vector machines classifier. Shift invariance is achieved by
replacing dot products between patterns used by the SVM classifier
with the maximum cross-correlation value between them. Unlike the
normal approach, in which the patterns are treated as vectors, in our
approach the patterns are treated as matrices (or images). Crosscorrelation
is computed by using computationally efficient
techniques such as the fast Fourier transform. The method has been
tested on the ORL face database. The tests indicate that this method
can improve the recognition rate of an SVM classifier.