Search results for " rule"
showing 10 items of 628 documents
Calendar Anomalies in Stock Index Futures
2011
There exist a large and increasing number of papers that describe different calendar anomalies in stock markets. Although empirical evidence suggests that seasonal effects disappeared after the early 1990s, new studies and approaches assert the continuation of some anomalies in stock indexes. In this paper, we present a comprehensive study of 188 possible cyclical anomalies in S&P 500, DAX and Nikkei stock index futures contracts from 1991 to 2008. Frictions in futures markets, unlike spot markets frictions, make it feasible to produce economically significant profits from trading rules based on calendar effects. By applying a percentile-t-bootstrap and Monte Carlo methods, our analysis rev…
Algunas reflexiones acerca de la stjue de 9 de julio de 2020 sobre los pactos novatorios en materia de cláusulas suelo
2021
The Sentence of the Court of Justice of the European Union of July 9, 2020 comes to answer the five questions that, in its preliminary question, the Court of First Instance and Instruction No. 3 of Teruel asks about the validity of the new agreements in the context of the floor clauses, establishing jurisprudential doctrine on this matter about which our Supreme Court had previously ruled in its Judgments of October 16, 2017, in the sense of considering the agreed floor clause null as a consequence of the novation agreement and, subsequently, those of April 11, 2018 and September 13, 2018 in the opposite direction, declaring that the novation agreement was valid. It is a long-awaited and in…
A note on the higher order strain and stress tensors within deformation gradient elasticity theories: Physical interpretations and comparisons
2016
Abstract Higher order strain and stress tensors encompassed within gradient elasticity theories are discussed with a particular concern to the physical meaning of double and triple stresses. A single rule is shown to hold for the physical interpretation of the indices of a higher order stress tensor both within distortion gradient and strain gradient theories, whereas the analogous Mindlin’s rule holds only within distortion gradient theories. Double and triple stresses are discussed separately with the aid of simple illustrative examples. A corrigendum to a previous paper by the author (IJSS 50 (2013) 3749–3765) is also presented.
Analytic structure ofϕ4theory using light-by-light sum rules
2013
Abstract We apply a sum rule for the forward light-by-light scattering process within the context of the ϕ 4 quantum field theory. As a consequence of the sum rule a stringent causality criterion is presented and the resulting constraints are studied within a particular resummation of graphs. Such resummation is demonstrated to be consistent with the sum rule to all orders of perturbation theory. We furthermore show the appearance of particular non-perturbative solutions within such approximation to be a necessary requirement of the sum rule. For a range of values of the coupling constant, these solutions manifest themselves as a physical bound state and a K-matrix pole. For another domain …
Causality and the Coulomb sum rule in nuclei.
1989
The spectral function in the Jost-Lehmann-Dyson representation of causal commutators is determined for the nonrelativistic limit of inclusive lepton scattering from nuclei. From this an extrapolation of the Coulomb sum rule to higher-momentum transfers is performed which is consistent with the requirement of causality.
Data from: The strategic reference gene: an organismal theory of inclusive fitness
2019
How to define and use the concept of inclusive fitness is a contentious topic in evolutionary theory. Inclusive fitness can be used to calculate selection on a focal gene, but it is also applied to whole organisms. Individuals are then predicted to appear designed as if to maximise their inclusive fitness, provided that certain conditions are met (formally when interactions between individuals are ‘additive’). Here we argue that applying the concept of inclusive fitness to organisms is justified under far broader conditions than previously shown, but only if it is appropriately defined. Specifically, we propose that organisms should maximise the sum of their offspring (including any accrued…
Process-independent strong running coupling
2016
We unify two widely different approaches to understanding the infrared behaviour of quantum chromodynamics (QCD), one essentially phenomenological, based on data, and the other computational, realised via quantum field equations in the continuum theory. Using the latter, we explain and calculate a process-independent running-coupling for QCD, a new type of effective charge that is an analogue of the Gell-Mann--Low effective coupling in quantum electrodynamics. The result is almost identical to the process-dependent effective charge defined via the Bjorken sum rule, which provides one of the most basic constraints on our knowledge of nucleon spin structure. This reveals the Bjorken sum to be…
A computer program suitable for analysis of choice of categories in biomedical data recognition problems.
1980
The optimum choice of categories in problems of medical data recognition is governed by the choice of categories, the selection of appropriate features, and by the choice of a loss function. Under these circumstances it is often difficult to find out the suitable classification scheme. The computer program described here serves for the design of the optimum recognition procedure. The Bayes rule is used as decision rule. A criterion for the comparison of different choice of categories is given. The program can be performed after estimation of the underlying prior probabilities and the conditional densities obtained from a training set, and before testing the decision rule with real data.
Approximations in Statistics from a Decision-Theoretical Viewpoint
1987
The approximation of the probability density p(.) of a random vector x∊X by another (possibly more convenient) probability density q(.) which belongs to a certain class Q is analyzed as a decision problem where the action space is the class Qof available approximations, the relevant uncertain event is the actual value of the vector x and the utility function is a proper scoring rule. The logarithmic divergence is shown to play a rather special role within this approach. The argument lies entirely within a Bayesian framework.