Abstract: This paper deals with heterogeneous autoregressive
models of realized volatility (HAR-RV models) on high-frequency
data of stock indices in the USA. Its aim is to capture the behavior of
three groups of market participants trading on a daily, weekly and
monthly basis and assess their role in predicting the daily realized
volatility. The benefits of this work lies mainly in the application of
heterogeneous autoregressive models of realized volatility on stock
indices in the USA with a special aim to analyze an impact of the
global financial crisis on applied models forecasting performance.
We use three data sets, the first one from the period before the global
financial crisis occurred in the years 2006-2007, the second one from
the period when the global financial crisis fully hit the U.S. financial
market in 2008-2009 years, and the last period was defined over
2010-2011 years. The model output indicates that estimated realized
volatility in the market is very much determined by daily traders and
in some cases excludes the impact of those market participants who
trade on monthly basis.
Abstract: The performances of small and medium enterprises
have stagnated in the last two decades. This has mainly been due to
the emergence of HIV / Aids. The disease has had a detrimental
effect on the general economy of the country leading to morbidity
and mortality of the Kenyan workforce in their primary age. The
present study sought to establish the economic impact of HIV / Aids
on the micro-enterprise development in Obunga slum – Kisumu, in
terms of production loss, increasing labor related cost and to establish
possible strategies to address the impact of HIV / Aids on microenterprises.
The study was necessitated by the observation that most
micro-enterprises in the slum are facing severe economic and social
crisis due to the impact of HIV / Aids, they get depleted and close
down within a short time due to death of skilled and experience
workforce. The study was carried out between June 2008 and June
2009 in Obunga slum. Data was subjected to computer aided
statistical analysis that included descriptive statistic, chi-squared and
ANOVA techniques. Chi-squared analysis on the micro-enterprise
owners opinion on the impact of HIV / Aids on depletion of microenterprise
compared to other diseases indicated high levels of the
negative effects of the disease at significance levels of P
Abstract: A Cable-Driven Locomotion Interface provides a low
inertia haptic interface and is used as a way of enabling the user
to walk and interact with virtual surfaces. These surfaces generate
Cartesian wrenches which must be optimized for each motorized
reel in order to reproduce a haptic sensation in both feet. However,
the use of wrench control requires a measure of the cable tensions
applied to the moving platform. The latter measure may be inaccurate
if it is based on sensors located near the reel. Moreover, friction
hysteresis from the reel moving parts needs to be compensated
for with an evaluation of low angular velocity of the motor shaft.
Also, the pose of the platform is not known precisely due to cable
sagging and mechanical deformation. This paper presents a non-ideal
motorized reel design with its corresponding control strategy that
aims at overcoming the aforementioned issues. A transfert function
of the reel based on frequency responses in function of cable tension
and cable length is presented with an optimal adaptative PIDF
controller. Finally, an hybrid position/tension control is discussed with
an analysis of the stability for achieving a complete functionnality of
the haptic platform.
Abstract: Decision support systems are usually based on
multidimensional structures which use the concept of hypercube.
Dimensions are the axes on which facts are analyzed and form a
space where a fact is located by a set of coordinates at the
intersections of members of dimensions. Conventional
multidimensional structures deal with discrete facts linked to discrete
dimensions. However, when dealing with natural continuous
phenomena the discrete representation is not adequate. There is a
need to integrate spatiotemporal continuity within multidimensional
structures to enable analysis and exploration of continuous field data.
Research issues that lead to the integration of spatiotemporal
continuity in multidimensional structures are numerous. In this paper,
we discuss research issues related to the integration of continuity in
multidimensional structures, present briefly a multidimensional
model for continuous field data. We also define new aggregation
operations. The model and the associated operations and measures
are validated by a prototype.
Abstract: Moral decisions are considered as an intuitive process,
while conscious reasoning is mostly used only to justify those
intuitions. This problem is described in few different dual-process
theories of mind, that are being developed e.g. by Frederick and
Kahneman, Stanovich and Evans. Those theories recently evolved
into tri-process theories with a proposed process that makes ultimate
decision or allows to paraformal processing with focal bias..
Presented experiment compares the decision patterns to the
implications of those models.
In presented study participants (n=179) considered different
aspects of trolley dilemma or its footbridge version and decided after
that.
Results show that in the control group 70% of people decided to
use the lever to change tracks for the running trolley, and 20% chose
to push the fat man down the tracks. In contrast, after experimental
manipulation almost no one decided to act. Also the decision time
difference between dilemmas disappeared after experimental
manipulation.
The result supports the idea of three co-working processes:
intuitive (TASS), paraformal (reflective mind) and algorithmic
process.
Abstract: EEG signal is one of the oldest measures of brain
activity that has been used vastly for clinical diagnoses and
biomedical researches. However, EEG signals are highly
contaminated with various artifacts, both from the subject and from
equipment interferences. Among these various kinds of artifacts,
ocular noise is the most important one. Since many applications such
as BCI require online and real-time processing of EEG signal, it is
ideal if the removal of artifacts is performed in an online fashion.
Recently, some methods for online ocular artifact removing have
been proposed. One of these methods is ARMAX modeling of EEG
signal. This method assumes that the recorded EEG signal is a
combination of EOG artifacts and the background EEG. Then the
background EEG is estimated via estimation of ARMAX parameters.
The other recently proposed method is based on adaptive filtering.
This method uses EOG signal as the reference input and subtracts
EOG artifacts from recorded EEG signals. In this paper we
investigate the efficiency of each method for removing of EOG
artifacts. A comparison is made between these two methods. Our
undertaken conclusion from this comparison is that adaptive filtering
method has better results compared with the results achieved by
ARMAX modeling.
Abstract: Taking the provincial capital, labor and energy as
inputs, regional GDP as output from 1995 to 2007, the paper
quantifies the vertical and lateral energy saving potential by
introducing the radial adjustment and slack adjustment of DEA. The
results show that by the vertical, the achievement of energy saving in
2007 is better than their respective historical performances. By
horizontal, in 2007 it can be found that Tianjin, Liaoning, Shanghai
and Yunnan do better in energy saving than other provinces. In
national wide, the higher of energy efficiency, the larger of per capita
GDP and the proportion of the tertiary industry in the national
economy, the more open to the outside, the lower the energy saving
potential demonstrates, while the energy endowment has negative
effect on energy saving potential.
Abstract: The paper deals with results of a project “Interoperability Workplaces to Support Teaching of Security Management in a Computer Network". This project is focused on the perspectives and possibilities of "new approaches" to education, training and crisis communication of rescue teams in the Czech Republic. It means that common technologies considering new perspectives are used to educate selected members of crisis management. The main part concentrates on possibilities of application of new technology and computer-aided tools to education and training of Integrated Rescue System teams.This project uses the COST principle for the creation of specialized centers and for all communication between these workplaces.
Abstract: This paper considers the (2+1)-dimensional breaking soliton equation in its bilinear form. Some exact solutions to this equation are explicitly derived by the idea of three-wave solution method with the assistance of Maple. We can see that the new idea is very simple and straightforward.
Abstract: Process improvements have drawn much attention in
practical software engineering. The capability maturity levels from
CMMI have become an important index to assess a software company-s
software engineering capability. However, in countries like
Taiwan, customers often have no choices but to deal with vendors that
are not CMMI prepared or qualified. We call these vendors maturitylevel-
1 (ML1) vendors. In this paper, we describe our experience
from consulting an e-school project. We propose an approach to help
our client tackle the ML1 vendors. Through our system analysis, we
produce a design. This design is suggested to be used as part of
contract and a blueprint to guide the implementation.
Abstract: This paper deals with the project selection problem. Project selection problem is one of the problems arose firstly in the field of operations research following some production concepts from primary product mix problem. Afterward, introduction of managerial considerations into the project selection problem have emerged qualitative factors and criteria to be regarded as well as quantitative ones. To overcome both kinds of criteria, an analytic network process is developed in this paper enhanced with fuzzy sets theory to tackle the vagueness of experts- comments to evaluate the alternatives. Additionally, a modified version of Least-Square method through a non-linear programming model is augmented to the developed group decision making structure in order to elicit the final weights from comparison matrices. Finally, a case study is considered by which developed structure in this paper is validated. Moreover, a sensitivity analysis is performed to validate the response of the model with respect to the condition alteration.
Abstract: Locality Sensitive Hashing (LSH) is one of the most
promising techniques for solving nearest neighbour search problem in
high dimensional space. Euclidean LSH is the most popular variation
of LSH that has been successfully applied in many multimedia
applications. However, the Euclidean LSH presents limitations that
affect structure and query performances. The main limitation of the
Euclidean LSH is the large memory consumption. In order to achieve
a good accuracy, a large number of hash tables is required. In this
paper, we propose a new hashing algorithm to overcome the storage
space problem and improve query time, while keeping a good
accuracy as similar to that achieved by the original Euclidean LSH.
The Experimental results on a real large-scale dataset show that the
proposed approach achieves good performances and consumes less
memory than the Euclidean LSH.
Abstract: This paper covers various aspects of film piracy over the Internet. In order to successfully deal with this matter, it is needed to recognize motivational factors related to film piracy. Thus, this study discusses group factors that could motivate individuals to engage in pirate activities. Furthermore, the paper discusses the theoretical effect on box office revenues and explains it on a proposed scheme of solutions for decreasing revenues. The article also maps the scheme of incentive motivational anti-piracy campaigns. Moreover, the paper proposes the preliminary scheme for system dynamic modeling of the Internet film piracy. Scheme is developed as a model of behaviors, influences and relations among the elements pertaining to the Internet film piracy.
Abstract: A kind of behavior model for discrete sampling and hold amplifier with charge transmission is analyzed. The transfer function and behavior features are based on the main AC responses of operation amplifier. The result used in pipelined and sigma-delta ADC shows the exact of model of sampling and hold amplifier, and the non-ideal factors are taken into account.
Abstract: Advertising today has already become an integral part
of human life as a building block of the consumer community. A
component of the value chain of the media, advertising sector is
struggling increasingly harder to find new methods to reach
consumers. The tendency towards experimental marketing practices
is increasing day by day, especially to divert consumers from the idea
“They are selling something to me.” It is therefore considered a good
idea to investigate the trust in ad media of consumers, who are today
exposed to a great bulk of information from advertising sector.
In this study, the current value of ad media for the young
consumer will be investigated. Data on various ad media reliability
will be comparatively analyzed and young consumers will be traced
by including university students in the study. In this research, which
will be performed on students studying at the Selçuk University
(Turkey) by random sampling method, data will be obtained by
survey technique and evaluated by a statistical analysis.
Abstract: The concerns about clean environment and high oil
prices driving forces for the research on alternative fuels. The
research efforts directed towards improving the performance of C.I
engines using vegetable oil as fuel. The paper deals results of
performance of a four stroke, single cylinder C.I. engine by preheated
neat Karanja oil is done from 30
o
C to 100
o
C. The performance of the
engine was studied for a speed range between 1500 to 4000 rpm, with
the engine operated under full load conditions. The performance
parameters considered for comparing are brake specific fuel
consumption, thermal efficiency, brake power, Nox emission of the
engine. The engine offers lower thermal efficiency when it is
powered by preheated neat Karanja oil at higher speed. The power
developed and Nox emission increase with the increase in the fuel
inlet temperature and the specific fuel consumption is higher than
diesel fuel operation at all elevated fuel inlet temperature.
Abstract: Worldwide conventional resources of fossil fuel are depleting very fast due to large scale increase in use of transport vehicles every year, therefore consumption rate of oil in transport sector alone has gone very high. In view of this, the major thrust has now been laid upon the search of alternative energy source and also for cost effective energy conversion system. The air converted into compressed form by non conventional or conventional methods can be utilized as potential working fluid for producing shaft work in the air turbine and thus offering the capability of being a zero pollution energy source. This paper deals with the mathematical modeling and performance evaluation of a small capacity compressed air driven vaned type novel air turbine. Effect of expansion action and steady flow work in the air turbine at high admission air pressure of 6 bar, for varying injection to vane angles ratios 0.2-1.6, at the interval of 0.2 and at different vane angles such as 30o, 45o, 51.4o, 60o, 72o, 90o, and 120o for 12, 8, 7, 6, 5, 4 and 3 vanes respectively at speed of rotation 2500 rpm, has been quantified and analyzed here. Study shows that the expansion power has major contribution to total power, whereas the contribution of flow work output has been found varying only up to 19.4%. It is also concluded that for variation of injection to vane angle ratios from 0.2 to 1.2, the optimal power output is seen at vane angle 90o (4 vanes) and for 1.4 to 1.6 ratios, the optimal total power is observed at vane angle 72o (5 vanes). Thus in the vaned type novel air turbine the optimum shaft power output is developed when rotor contains 4-5 vanes for almost all situations of injection to vane angle ratios from 0.2 to 1.6.
Abstract: In this paper, a strategy for long-span bridge disaster response was developed, divided into risk analysis, business impact analysis, and emergency response plan. At the risk analysis stage, the critical risk was estimated. The critical risk was “car accident."The critical process by critical-risk classification was assessed at the business impact analysis stage. The critical process was the task related to the road conditions and traffic safety. Based on the results of the precedent analysis, an emergency response plan was established. By making the order of the standard operating procedures clear, an effective plan for dealing with disaster was formulated. Finally, a prototype software was developed based on the research findings. This study laid the foundation of an information-technology-based disaster response guideline and is significant in that it computerized the disaster response plan to improve the plan-s accessibility.
Abstract: This paper describes interconnection between
technical and economical making decision. The reason of this dealing
could be different: poor technical condition, change of substation
(electrical network) regime, power transformer owner budget deficit
and increasing of tariff on electricity. Establishing of recommended
practice as well as to give general advice and guidance in economical
sector, testing, diagnostic power transformers to establish its
conditions, identify problems and provide potential remedies.
Abstract: The physiological effects of physical exercise on
human body are relatively well known in literature, which describes
in detail the changes that occur in the cardiovascular system, the
respiratory one, in bones and other systems, both during exercise
and after its delivery. However, the effects of exercise on mental
processes are less treated. From the literature reviews discussed in
this study, it can be detached the idea that we can not exactly say that
physical exercise has beneficial effects on mental processes, but
neither that it would have potentially negative effects. This
uncertainty, reflected in the inability to indicate precise and
unequivocal meaning, favorable-unfavorable physical effort in acting
on mental processes, is a prime reason to undertake a study of the
phenomenon influence effort administered physical education classes
on the dynamics of mental processes like attention and memory.