Abstract: This paper focuses on sovereign credit risk meaning a
hot topic related to the current Eurozone crisis. In the light of the
recent financial crisis, market perception of the creditworthiness of
individual sovereigns has changed significantly. Before the outbreak
of the financial crisis, market participants did not differentiate
between credit risk born by individual states despite different levels
of public indebtedness. In the proceeding of the financial crisis, the
market participants became aware of the worsening fiscal situation in
the European countries and started to discriminate among
government issuers. Concerns about the increasing sovereign risk
were reflected in surging sovereign risk premium. The main of this
paper is to shed light on the characteristics of the sovereign risk with
the special attention paid to the mutual relation between credit spread
and the CDS premium as the main measures of the sovereign risk
premium.
Abstract: Lighting upgrades involve relatively lower costs which
allow the benefits to be spread more widely than is possible with any
other energy efficiency measure. In order to popularize the adoption of
CFL in Taiwan, the authority proposes to implement a new energy efficient lamp comparative label system. The current study was
accordingly undertaken to investigate the factors affecting the performance and the deviation of actual and labeled performance of
commercially available integrated CFLs. In this paper, standard test
methods to determine the electrical and photometric performances of
CFL were developed based on CIE 84-1989 and CIE 60901-1987,
then 55 selected CFLs from market were tested. The results show that
with higher color temperature of CFLs lower efficacy are achieved. It
was noticed that the most packaging of CFL often lack the information of Color Rendering Index. Also, there was no correlation between
price and performance of the CFLs was indicated in this work. The results of this paper might help consumers to make more informed
CFL-purchasing decisions.
Abstract: In Grid computing, a data transfer protocol called
GridFTP has been widely used for efficiently transferring a large volume
of data. Currently, two versions of GridFTP protocols, GridFTP
version 1 (GridFTP v1) and GridFTP version 2 (GridFTP v2), have
been proposed in the GGF. GridFTP v2 supports several advanced
features such as data streaming, dynamic resource allocation, and
checksum transfer, by defining a transfer mode called X-block mode.
However, in the literature, effectiveness of GridFTP v2 has not been
fully investigated. In this paper, we therefore quantitatively evaluate
performance of GridFTP v1 and GridFTP v2 using mathematical
analysis and simulation experiments. We reveal the performance
limitation of GridFTP v1, and quantitatively show effectiveness of
GridFTP v2. Through several numerical examples, we show that by
utilizing the data streaming feature, the average file transfer time of
GridFTP v2 is significantly smaller than that of GridFTP v1.
Abstract: Consumer electronics are pervasive. It is impossible to
imagine a household or office without DVD players, digital cameras,
printers, mobile phones, shavers, electrical toothbrushes, etc. All
these devices operate at different voltage levels ranging from 1.8 to
20 VDC, in the absence of universal standards. The voltages
available are however usually 120/230 VAC at 50/60 Hz. This
situation makes an individual electrical energy conversion system
necessary for each device. Such converters usually involve several
conversion stages and often operate with excessive losses and poor
reliability. The aim of the project presented in this paper is to design
and implement a multi-channel DC/DC converter system,
customizing the output voltage and current ratings according to the
requirements of the load. Distributed, multi-agent techniques will be
applied for the control of the DC/DC converters.
Abstract: We evaluated the effect of sensory (direct current
(DC), 600μA) and motor (monophasic current, pulse duration 300μs,
100 Hz, 2.5-3mA) intensities of cathodal electrical stimulation (ES)
current to release VEGF and biomechanical properties of wound. 54
male Sprague-dawley rats were randomly assigned into one control
and two experimental groups. A full thickness skin incision was
made on animals- dorsal region. The experimental groups received
ES for 1h/day and every other day. VEGF expression was measured
in skin on the 7th day after surgical incision and tensile strength was
measured on 21st day. On the 7th day, the values of skin VEGF in the
sensory group were significantly greater than those of the other
groups (p < 0.05). Sensory and Motor intensity stimulation, can not
improve the biomechanical properties of the repaired wounds.
It seems the mechanical environment induced by sensory and
motor intensity of electrical stimulation, could not simulate the role
of normal daily stress and strain to maturation of collagen fibers and
their cross links. Further work is needed to determine the relationship
between VEGF expression after ES and its effect on tensile strength
of healed wound.
Abstract: The lifelong learning is a crucial element in the
modernization of European education and training systems. The most
important actors in the development process of the lifelong learning
are the trainers, whose professional characteristics need new
competences and skills in the current labour market. The main
objective of this paper is to establish an importance ranking of the
new competences, capabilities and skills that the lifelong learning
Spanish trainers must possess nowadays. A wide study of secondary
sources has allowed the design of a questionnaire that organizes the
trainer-s skills and competences. The e-Delphi method is used for
realizing a creative, individual and anonymous evaluation by experts
on the importance ranking that presents the criteria, sub-criteria and
indicators of the e-Delphi questionnaire. Twenty Spanish experts in
the lifelong learning have participated in two rounds of the e-
DELPHI method. In the first round, the analysis of the experts-
evaluation has allowed to establish the ranking of the most
importance criteria, sub-criteria and indicators and to eliminate the
least valued. The minimum level necessary to reach the consensus
among experts has been achieved in the second round.
Abstract: The prediction of financial time series is a very
complicated process. If the efficient market hypothesis holds, then the predictability of most financial time series would be a rather
controversial issue, due to the fact that the current price contains already all available information in the market. This paper extends
the Adaptive Neuro Fuzzy Inference System for High Frequency
Trading which is an expert system that is capable of using fuzzy reasoning combined with the pattern recognition capability of neural networks to be used in financial forecasting and trading in high
frequency. However, in order to eliminate unnecessary input in the
training phase a new event based volatility model was proposed.
Taking volatility and the scaling laws of financial time series into consideration has brought about the development of the Intraday Seasonality Observation Model. This new model allows the observation of specific events and seasonalities in data and subsequently removes any unnecessary data. This new event based
volatility model provides the ANFIS system with more accurate input
and has increased the overall performance of the system.
Abstract: The resistive-inductive-capacitive behavior of long
interconnects which are driven by CMOS gates are presented in this
paper. The analysis is based on the ¤Ç-model of a RLC load and is
developed for submicron devices. Accurate and analytical
expressions for the output load voltage, the propagation delay and the
short circuit power dissipation have been proposed after solving a
system of differential equations which accurately describe the
behavior of the circuit. The effect of coupling capacitance between
input and output and the short circuit current on these performance
parameters are also incorporated in the proposed model. The
estimated proposed delay and short circuit power dissipation are in
very good agreement with the SPICE simulation with average
relative error less than 6%.
Abstract: A framework to estimate the state of dynamically
varying environment where data are generated from heterogeneous
sources possessing partial knowledge about the environment is presented.
This is entirely derived within Dempster-Shafer and Evidence
Filtering frameworks. The belief about the current state is expressed
as belief and plausibility functions. An addition to Single Input
Single Output Evidence Filter, Multiple Input Single Output Evidence
Filtering approach is introduced. Variety of applications such as
situational estimation of an emergency environment can be developed
within the framework successfully. Fire propagation scenario is used
to justify the proposed framework, simulation results are presented.
Abstract: CScheme, a concurrent programming paradigm based
on scheme concept enables concurrency schemes to be constructed
from smaller synchronization units through a GUI based composer
and latter be reused on other concurrency problems of a similar
nature. This paradigm is particularly important in the multi-core
environment prevalent nowadays. In this paper, we demonstrate
techniques to separate concurrency from functional code using the
CScheme paradigm. Then we illustrate how the CScheme
methodology can be used to solve some of the traditional
concurrency problems – critical section problem, and readers-writers
problem - using synchronization schemes such as Single Threaded
Execution Scheme, and Readers Writers Scheme.
Abstract: A hybrid Photovoltaic/Thermal (PV/T) solar system integrates photovoltaic and solar thermal technologies into one single solar energy device, with dual generation of electricity and heat energy. The aim of the present study is to evaluate the potential for introduction of the PV/T technology into Northern China. For this purpose, outdoor experiments were conducted on a prototype of a PV/T water-heating system. The annual thermal and electrical performances were investigated under the climatic conditions of Beijing. An economic analysis of the system was then carried out, followed by a sensitivity study. The analysis revealed that the hybrid system is not economically attractive with the current market and energy prices. However, considering the continuous commitment of the Chinese government towards policy development in the renewable energy sector, and technological improvements like the increasing cost-effectiveness of PV cells, PV/Thermal technology may become economically viable in the near future.
Abstract: This article experimentally investigates the
thermal performance of thermoelectric air-cooling module
which comprises a thermoelectric cooler (TEC) and an
air-cooling heat sink. The influences of input current and heat
load are determined. And performances under each situation
are quantified by thermal resistance analysis. Since TEC
generates Joule heat, this nature makes construction of thermal
resistance network difficult. To simplify the analysis, this
article emphasizes on the resistance heat load might meet when
passing through the device. Therefore, the thermal resistances
in this paper are to divide temperature differences by heat load.
According to the result, there exists an optimum input current
under every heating power. In this case, the optimum input
current is around 6A or 7A. The performance of the heat sink
would be improved with TEC under certain heating power and
input current, especially at a low heat load. According to the
result, the device can even make the heat source cooler than the
ambient. However, TEC is not always effective at every heat
load and input current. In some situation, the device works
worse than the heat sink without TEC. To determine the
availability of TEC, this study figures out the effective
operating region in which the TEC air-cooling module works
better than the heat sink without TEC. The result shows that
TEC is more effective at a lower heat load. If heat load is too
high, heat sink with TEC will perform worse than without TEC.
The limit of this device is 57W. Besides, TEC is not helpful if
input current is too high or too low. There is an effective range
of input current, and the range becomes narrower when the heat
load grows.
Abstract: Magnesium is used implant material potentially for
non-toxicity to the human body. Due to the excellent
bio-compatibility, Mg alloys is applied to implants avoiding removal
second surgery. However, it is found commercial magnesium alloys
including aluminum has low corrosion resistance, resulting
subcutaneous gas bubbles and consequently the approach as
permanent bio-materials. Generally, Aluminum is known to pollution
substance, and it raises toxicity to nervous system. Therefore
especially Mg-35Zn-3Ca alloy is prepared for new biodegradable
materials in this study. And the pulsed power is used in
constant-current mode of DC power kinds of anodization. Based on
the aforementioned study, it examines corrosion resistance and
biocompatibility by effect of current and frequency variation. The
surface properties and thickness were compared using scanning
electronic microscopy. Corrosion resistance was assessed via
potentiodynamic polarization and the effect of oxide layer on the body
was assessed cell viability. Anodized Mg-35Zn-3Ca alloy has good
biocompatibility in vitro by current and frequency variation.
Abstract: The study of the transport coefficients in electronic
devices is currently carried out by analytical and empirical models.
This study requires several simplifying assumptions, generally
necessary to lead to analytical expressions in order to study the
different characteristics of the electronic silicon-based devices.
Further progress in the development, design and optimization of
Silicon-based devices necessarily requires new theory and modeling
tools. In our study, we use the PSO (Particle Swarm Optimization)
technique as a computational tool to develop analytical approaches in
order to study the transport phenomenon of the electron in crystalline
silicon as function of temperature and doping concentration. Good
agreement between our results and measured data has been found.
The optimized analytical models can also be incorporated into the
circuits simulators to study Si-based devices without impact on the
computational time and data storage.
Abstract: Online trading is an alternative to conventional shopping method. People trade goods which are new or pre-owned before. However, there are times when a user is not able to search the items wanted online. This is because the items may not be posted as yet, thus ending the search. Conventional search mechanism only works by searching and matching search criteria (requirement) with data available in a particular database. This research aims to match current search requirements with future postings. This would involve the time factor in the conventional search method. A Car Matching Alert System (CMAS) prototype was developed to test the matching algorithm. When a buyer-s search returns no result, the system saves the search and the buyer will be alerted if there is a match found based on future postings. The algorithm developed is useful and as it can be applied in other search context.
Abstract: The aim of the paper is based on detailed analysis of
literary sources and carried out research to develop a model
development and implementation of innovation strategy in the
business. The paper brings the main results of the authors conducted
research on a sample of 462 respondents that shows the current
situation in the Slovak enterprises in the use of innovation strategy.
Carried out research and analysis provided the base for a model
development and implementation of innovation strategy in the
business, which is in the paper in detail, step by step explained with
emphasis on the implementation process. Implementing the
innovation strategy is described a separate model. Paper contains
recommendations for successful implementation of innovation
strategy in the business. These recommendations should serve mainly
business managers as valuable tool in implementing the innovation
strategy.
Abstract: In Algeria, liberalization reforms undertaken since the 1990s have resulted in negative effects on the development and management of irrigation schemes, as well as on the conditions of farmers. Reforms have been undertaken to improve the performance of irrigation schemes, such as the national plan of agricultural development (PNDA) in 2000 and the water pricing policy of 2005. However, after implementation of these policies, questions have arisen with regard to irrigation performance and its suitability for agricultural development. Hence, the aim of this paper is to provide insight into the profitability of irrigation during the transition period under current irrigation agricultural policies in Algeria. By using the method of farm crop budget analysis in the East Mitidja irrigation scheme, the returns from using surface water resources based on farm typology were found to vary among crops and farmers- groups within the scheme. Irrigation under the current situation is profitable for all farmers, including both those who benefit from subsidies and those who do not. However, the returns to water were found to be very sensitive to crop price fluctuations, particularly for non-subsidized groups and less so for those whose farming is based on orchards. Moreover, the socio-economic environment of the farmers contributed to less significant impacts of the PNDA policy. In fact, the limiting factor is not only the water, but also the lack of land ownership title. Market access constraints led to less agricultural investment and therefore to low intensification and low water productivity. It is financially feasible to recover the annual O&M costs in the irrigation scheme. By comparing the irrigation water price, returns to water, and O&M costs of water delivery, it is clear that irrigation can be profitable in the future. However, water productivity must be improved by enhancing farmers- income through farming investment, improving assets access, and the allocation of activities and crops which bring high returns to water; this could allow the farmers to pay more for water and allow cost recovery for water systems.
Abstract: The current paper conceptualizes the technique of
release consistency indispensable with the concept of
synchronization that is user-defined. Programming model concreted
with object and class is illustrated and demonstrated. The essence of
the paper is phases, events and parallel computing execution .The
technique by which the values are visible on shared variables is
implemented. The second part of the paper consist of user defined
high level synchronization primitives implementation and system
architecture with memory protocols. There is a proposition of
techniques which are core in deciding the validating and invalidating
a stall page .
Abstract: Stable nonzero populations without random deaths
caused by the Verhulst factor (Verhulst-free) are a rarity. Majority
either grow without bounds or die of excessive harmful mutations.
To delay the accumulation of bad genes or diseases, a new
environmental parameter Γ is introduced in the simulation. Current
results demonstrate that stability may be achieved by setting Γ = 0.1.
These steady states approach a maximum size that scales inversely
with reproduction age.
Abstract: purpose of this study was to investigate the current status of support services for students with special education needs (SEN) at colleges and universities in Taiwan. Seventy-two college and universities received a questionnaire on its resource room operation process and four resource room staffs each from different areas were interviewed through semi- structured interview forms. The main findings were (1) most colleges and universities did offer sufficient administrative resources; (2) more efforts on preventions for SEN students and establishment of disability awareness should be made for all campus faculties ; (3) more comprehensive services were required to help students to have better transition into post-school life; (4) most schools provided basic administrative resource requirements but qualities of the resource room programs needed to be enhanced; and (5) most resource room staffs lacked of professional knowledge in counseling the SEN students which needed to be strengthened in the future.