Search results for "Database"
showing 10 items of 2136 documents
An ACE Wholesale Electricity Market Framework with Bilateral Trading
2011
In this paper, an agent-based simulation model for a hybrid power market structure is presented. A bilateral transaction mechanism is combined with a uniform-pricing auction settlement in order to isolate the impact of medium-term bilateral contracts on market power and spot prices in a competitive wholesale market setting. First we describe the negotiation method for bilateral trading of energy and then introduce a new approach for bidding in the DA market based on the load duration curve. We find that, despite the conventional concerns, the foreclosure effect produced by the bilateral agreement between a generation and a retail business will not necessarily lead to higher prices, and will…
Yet Another Note on the Leland's Option Hedging Strategy with Transaction Costs
2005
In a market with transaction costs the option hedging is costly. The idea presented by Leland (1985) was to include the expected transaction costs in the cost of a replicating portfolio. The resulting Leland's pricing and hedging method is an adjusted Black-Scholes method where one uses a modified volatility in the Black-Scholes formulas for the option price and delta. The Leland's method has been criticized on different grounds. Despite the critique, the risk-return tradeoff of the Leland's strategy is often better than that of the Black-Scholes strategy even in the case when a hedger starts with the same initial value of a replicating portfolio. This implies that the Leland's modification…
Fixed Costs Per Shipment
2011
Exporting firms do not only decide how much of their products they ship abroad but also at which frequency. Doing so, they face a trade-off between saving on fixed costs per shipments (by shipping large amounts infrequently) and saving on storage costs (by delivering just in time with small and frequent shipments). The firm's optimal choice defines a mapping from size and frequency of shipments to fixed costs per shipment. We use a unique dataset of Swiss cross-border trade on the transaction level to analyze the size and shape of the underlying fixed costs. The data suggest that for the average Swiss exporter the fixed costs per shipment are economically important: 0.82 percent of the valu…
Missions to Mars: Characterization of Mars analogue rocks for the International Space Analogue Rockstore (ISAR)
2013
International audience; Instruments for surface missions to extraterrestrial bodies should be cross-calibrated using a common suite of relevant materials. Such work is necessary to improve instrument performance and aids in the interpretation of in-situ measurements. At the CNRS campus in Orléans, the Observatoire des Sciences de l'Univers en région Centre (OSUC) has created a collection of well-characterised rocks and minerals for testing and calibrating instruments to be flown in space missions. The characteristics of the analogue materials are documented in an accompanying online database. In view of the recent and upcoming rover missions to Mars (NASA's 2011 Mars Science Laboratory (MSL…
Mitochondrial DNA in the central european population
2000
Sequencing of mtDNA is an advanced method for the individualisation of traces. Disadvantages of this method are expensive and time-consuming analysis and evaluation procedures as well as the necessary stock of population-genetic data which is still insufficient. Central European institutes of forensic medicine from Germany, Austria, and Switzerland have been working together since the beginning of 1998 to establish a mtDNA database. The aim is to build up a large stock of forensically established data and provide population-genetic data for frequency investigations, which will serve as a basis for expert opinions and scientific research. Good data quality is ensured by using original sequen…
About the Ghosh Model: Clarifications
2007
We examine the consistency of the Ghosh supply-d riven input-output model (SM) by respect to the traditional Leontief demand-drive n input-output model (LM); the variants considered are: primal and dual, quantity and value ; input prices are not considered. SM offers solutions of limited interest, being incapab le to separate quantities and prices or values and price indexes. Comparing the dual value SM to the primal of LM is wrong. Even if the agents are forced to buy inputs in SM, the interpre tation of SM as a centrally planned economy must be rejected but SM may serve for modeling interfirm relations or analyzing the structural interindustry change when the production function is not sp…
Mobile Search - Social Network Search Using Mobile Devices Demonstration
2008
Mobile search prototype demonstrates the possibilities of social network search in N800 mobile devices. Search is initiated from a N800 mobile device to search the contacts in mobile device's addressbook. The contacts can be other N800 mobile devices running mobile Web server or normal Web servers in the Internet with Drupal content management system. Mobile device users can select which of their personal information such as phone numbers, calendar data etc. to share via a mobile Web server. The proposed search mechanism has many benefits compared to centralized Web search engines like Google. The search can locate information which is not referenced anywhere and thus allows hidden or rare …
Mobile Encounter Networks and Their Applications
2008
This article presents mobile encounter networks (MENs), which emerge when mobile devices come across each other and form a temporary connection between them using a common short-range radio technology. Local information exchanges between mobile devices results in a broadcast diffusion of information to other users of the network with a delay. Gasoline price comparison system (GPCS), which delivers newest gasoline prices to mobile users using mobile encounter information diffusion, is described as well as other application areas where MENs could be used. The feasibility of building MENs using bluetooth is tested with the BlueCheese mobile encounter network middleware and it is found that the…
Information Exchange in Mobile Encounter Network
2007
In this paper we analyze an information exchange method based on information diffusion in mobile encounter networks, a form of mobile peer-to-peer networks. We utilize dual mobility model which provides support for more realistic simulations compared to mobility models based only one method of movement. The distribution of the mobile device encounter intervals are discussed and analyzed via simulation runs. The logistic model is suggested to provide reasonably accurate estimates of the information diffusion process.
Verification of scope-dependent hierarchical state machines
2008
AbstractA hierarchical state machine (Hsm) is a finite state machine where a vertex can either expand to another hierarchical state machine (box) or be a basic vertex (node). Each node is labeled with atomic propositions. We study an extension of such model which allows atomic propositions to label also boxes (Shsm). We show that Shsms can be exponentially more succinct than Shsms and verification is in general harder by an exponential factor. We carefully establish the computational complexity of reachability, cycle detection, and model checking against general Ltl and Ctl specifications. We also discuss some natural and interesting restrictions of the considered problems for which we can …