Search results for "ARIA"

Optimal Dynamic Portfolio Risk Management

2016

Numerous econometric studies report that financial asset volatilities and correlations are time-varying and predictable. Over the past decade, this knowledge has stimulated increasing interest in various dynamic portfolio risk control techniques. The two basic types of risk control techniques are: risk control across assets and risk control over time. At present, the two types of risk control techniques are not implemented simultaneously. There has been surprisingly little theoretical study of optimal dynamic portfolio risk management. In this paper, the author fills this gap in the literature by formulating and solving the multi-period portfolio choice problem. In terms of dynamic portfoli…

Dimensionless Stage-Discharge Relationship for a Non-Linear Water Reservoir: Theory and Experiments

2020

In the field of hydrology, stage&ndash

Flow resistance equation for rills

2017

In this paper, a new flow resistance equation for rill flow was deduced applying dimensional analysis and self‐similarity theory. At first, the incomplete self‐similarity hypothesis was used for establishing the flow velocity distribution whose integration gives the theoretical expression of the Darcy–Weisbach friction factor. Then the deduced theoretical resistance equation was tested by some measurements of flow velocity, water depth, cross section area, wetted perimeter, and bed slope carried out in 106 reaches of some rills shaped on an experimental plot. A relationship between the velocity profile, the channel slope, and the flow Froude number was also established. The analysis showed …

Discussion of "Analysis of extreme rainfall trends in sicily for the evaluation of depth-duration-frequency curves in climate change scenarios" by Lo…

2016

In the original paper, the Authors investigated the presence of trends in extreme rainfall depths of duration d = 1, 3, 6, 12 and 24 hours, in Sicily. Trend analysis was performed by using the Mann-Kendal non-parametric test, which was applied at-site, for a number of 65 raingauges well distributed in the region, for the period 1950-2008. In order to overcome the gap of missing data, six years moving average series were considered in the Author’s analysis. In this discussion, the discussers highlighted some important observations about the paper presented by the Authors: i) The Authors applied the non-parametric Mann Kendall test to moving average series of rainfall data. The use of moving …

Impact of internal variability on projections of Sahel precipitation change.

2017

12 pages; International audience; The impact of the increase of greenhouse gases on Sahelian precipitation is very uncertain in both its spatial pattern and magnitude. In particular, the relative importance of internal variability versus external forcings depends on the time horizon considered in the climate projection. In this study we address the respective roles of the internal climate variability versus external forcings on Sahelian precipitation by using the data from the CESM Large Ensemble Project, which consists of a 40 member ensemble performed with the CESM1-CAM5 coupled model for the period 1920–2100. We show that CESM1-CAM5 is able to simulate the mean and interannual variabilit…

2019

Abstract. This study uses the synergy of multi-resolution soil moisture (SM) satellite estimates from the Soil Moisture Ocean Salinity (SMOS) mission, a dense network of ground-based SM measurements, and a soil–vegetation–atmosphere transfer (SVAT) model, SURFEX (externalized surface), module ISBA (interactions between soil, biosphere and atmosphere), to examine the benefits of the SMOS level 4 (SMOS-L4) version 3.0, or “all weather” high-resolution soil moisture disaggregated product (SMOS-L43.0; ∼1 km). The added value compared to SMOS level 3 (SMOS-L3; ∼25 km) and SMOS level 2 (SMOS-L2; ∼15 km) is investigated. In situ SM observations over the Valencia anchor station (VAS; SMOS calibrati…

Measuring rill erosion using structure from motion: A plot experiment

2017

Abstract In this paper the results of a plot experiment on rill erosion are reported. The rill network, manually incised on the soil and further shaped by a clear inflow discharge, was surveyed using the three-dimensional photo-reconstruction (3D-PR) technique which allows to obtain a digital terrain model (DTM) by a large series of oblique images of the channel from consumer un-calibrated and non-metric cameras. The three-dimensional (3D) DTM and the quasi-tridimensional (2.5D) model were generated by Agisoft Photoscan software. For a single rill channel, the reliability of the 3D image-based ground measurements of morphological and hydraulic variables was positively tested by the correspo…

A novel comprehensive procedure for estimating greenhouse gas emissions from water resource recovery facilities

2017

The emissions of the major greenhouse gases (GHGs), i.e. carbon dioxide (CO2), methane (CH4), and nitrous oxide (N2O) from water resource recovery facilities (WRRFs) are of increasing concern in the water industry. In order to produce useful and comparable information for monitoring, assessing, and reporting GHG emissions from WRRFs, there is a need for a generally accepted methodology for their quantification. This paper aims at proposing the first protocol for monitoring and accounting for GHG emissions from WRRFs, taking into account both direct and indirect internal emissions and focusing the attention on plant sections known to be primarily responsible for GHG emissions (i.e. oxidation…

Geographic and temporal variations in turbulent heat loss from lakes : A global analysis across 45 lakes

2018

Heat fluxes at the lake surface play an integral part in determining the energy budget and thermal structure in lakes, including regulating how lakes respond to climate change. We explore patterns in turbulent heat fluxes, which vary across temporal and spatial scales, using in situ high-frequency monitoring data from 45 glob- ally distributed lakes. Our analysis demonstrates that some of the lakes studied follow a marked seasonal cycle in their turbulent surface fluxes and that turbulent heat loss is highest in larger lakes and those situated at low latitude. The Bowen ratio, which is the ratio of mean sensible to mean latent heat fluxes, is smaller at low lati- tudes and, in turn, the rel…

Using scintillometry to assess reference evapotranspiration methods and their impact on the water balance of olive groves

2016

Abstract Reference evapotranspiration (ET 0 ) is widely used for irrigation scheduling, to promote an efficient use of water resources for a sustainable agro-ecosystem productivity, as well as to manage water quality and to face other environmental concerns. As suggested by ASCE-EWRI and FAO, standard Penman–Monteith methods are generally applied for an accurate estimation of ET 0 from hourly to daily scale. In absence of detailed meteorological information several simplified equations, using a limited number of variables, have been proposed as alternative. In this paper, the performance of different reference evapotranspiration methods, at hourly (Penman–Monteith, Pristley–Taylor, Makkink …