Search results for "Conditional"
showing 10 items of 294 documents
Hedging foreign exchange rate risk: Multi-currency diversification
2016
Abstract This article proposes a multi-currency cross-hedging strategy that minimizes the exchange risk. The use of derivatives in small and medium-sized enterprises (SMEs) is not common but, despite its complexity, can be interesting for those with international activities. In particular, the reduction in the exchange risk borne through the use of natural multi-currency cross-hedging is measured, considering Conditional Value-at-Risk (CVaR) and Value-at-Risk (VaR) for measuring market risk instead of the variance. CVaR is minimized using linear programmes, while a multiobjective genetic algorithm is designed for minimizing VaR, considering two scenarios for each currency. The results obtai…
Probabilistic Fuzzy Approach to Evaluation of Logistics Service Effectiveness
2014
Received: 9 September 2014 Abstract Accepted: 11 October 2014 Logistics service providers offer a whole or partial logistics business service over a certain time period. Between such companies, the effectiveness of specific logistics services can vary. Logistics service providers seek the effective performance of logistics service. The purpose of this paper is to present a new approach for the evaluation of logistics service effectiveness, along with a specific computer system implementing the proposed approach – a sophisticated inference system, an extension of the Mamdani probabilistic fuzzy system. The paper presents specific knowledge concerning the relationships between effectiveness i…
Variational Henstock integrability of Banach space valued functions
2016
We study the integrability of Banach space valued strongly measurable functions defined on $[0,1]$. In the case of functions $f$ given by $\sum \nolimits _{n=1}^{\infty } x_n\chi _{E_n}$, where $x_n $ are points of a Banach space and the sets $E_n$ are Lebesgue measurable and pairwise disjoint subsets of $[0,1]$, there are well known characterizations for Bochner and Pettis integrability of $f$. The function $f$ is Bochner integrable if and only if the series $\sum \nolimits _{n=1}^{\infty }x_n|E_n|$ is absolutely convergent. Unconditional convergence of the series is equivalent to Pettis integrability of $f$. In this paper we give some conditions for variational Henstock integrability of a…
Stochastic Models of Higher Order Dielectric Responses
2018
The nonlinear response for systems exhibiting Markovian stochastic dynamics is calculated using time-dependent perturbation theory for the Green’s function, the conditional probability to find the system in a given configuration at a certain time given it was in another configuration at an earlier time. In general, the Green’s function obeys a so-called master-equation for the balance of the gain and loss of probability in the various configurations of the system. Using various models for the reorientational motion of molecules it is found that the scaled modulus of the third-order response, \(X_3\), shows a hump-like behavior for random rotational motion in some cases and it exhibits “triv…
Entropic trade-off relations for quantum operations
2013
Spectral properties of an arbitrary matrix can be characterized by the entropy of its rescaled singular values. Any quantum operation can be described by the associated dynamical matrix or by the corresponding superoperator. The entropy of the dynamical matrix describes the degree of decoherence introduced by the map, while the entropy of the superoperator characterizes the a priori knowledge of the receiver of the outcome of a quantum channel Phi. We prove that for any map acting on a N--dimensional quantum system the sum of both entropies is not smaller than ln N. For any bistochastic map this lower bound reads 2 ln N. We investigate also the corresponding R\'enyi entropies, providing an …
Estimates for the first and second Bohr radii of Reinhardt domains
2004
AbstractWe obtain general lower and upper estimates for the first and the second Bohr radii of bounded complete Reinhardt domains in Cn.
Coherence Checking and Propagation of Lower Probability Bounds
2003
In this paper we use imprecise probabilities, based on a concept of generalized coherence (g-coherence), for the management of uncertain knowledge and vague information. We face the problem of reducing the computational difficulties in g-coherence checking and propagation of lower conditional probability bounds. We examine a procedure, based on linear systems with a reduced number of unknowns, for the checking of g-coherence. We propose an iterative algorithm to determine the reduced linear systems. Based on the same ideas, we give an algorithm for the propagation of lower probability bounds. We also give some theoretical results that allow, by suitably modifying our algorithms, the g-coher…
Role of caspase-8 in hepatocyte response to infection and injury in mice.
2007
Caspase-8 has been implicated in signaling for apoptotic cell death and for certain nonapoptotic functions. However, knowledge of actual physiological or pathophysiological processes to which this enzyme contributes is lacking. Using a mouse model and employing the conditional knockout approach to delete the caspase-8 gene specifically in the liver, we found that caspase-8 deficiency in hepatocytes facilitates infection of the liver by Listeria monocytogenes, attenuates the hepatocyte proliferation wave during the first 48 hours after partial hepatectomy and, depending on the genetic background of the mice, prompts a chronic inflammatory response to the hepatectomy, as a result of which the…
Algebraic aspects and coherence conditions for conjoined and disjoined conditionals
2019
We deepen the study of conjoined and disjoined conditional events in the setting of coherence. These objects, differently from other approaches, are defined in the framework of conditional random quantities. We show that some well known properties, valid in the case of unconditional events, still hold in our approach to logical operations among conditional events. In particular we prove a decomposition formula and a related additive property. Then, we introduce the set of conditional constituents generated by $n$ conditional events and we show that they satisfy the basic properties valid in the case of unconditional events. We obtain a generalized inclusion-exclusion formula and we prove a …