Search results for "PTH"

Chromatic-achromatic perimetry in four clinic cases: Glaucoma and diabetes

2015

Color perimetry has interesting clinical application for the diagnosis and detection of certain eye conditions, due to the variations that certain diseases can cause in chromatic thresholds, both in the red-green (RG) and the blue-yellow (BY) pathways.[1,2,3,4] The separate study of the visual function of both the chromatic and achromatic mechanisms could be more efficient in detecting sensitivity variations, and such variations would not be obscured by the intrusion of other mechanisms. Currently, the supply of conventional perimeters that are capable of performing a chromatic perimetry test is very limited and with reduced options regarding the possibility of choosing the physical charact…

Learning and the Price Dynamics of a Double-Auction Financial Market with Portfolio Traders

2006

In this paper we study the dynamics of price adjustments in an artificial market where portfolio traders with bounded rationality and limited resources interact through a continuous, electronic open book. The present work extends the model developed in [? ] introducing endogenous target individual portfolio holdings. We model the agents’ order-flow investment decision as an optimal choice given individual characteristics and the available information. We depart from the standard asset pricing framework in two ways. First, we assume that investors have imperfect information about the returns distribution. In particular, we assume that agents hold arbitrary priors about securities’ returns, w…

AN OPERATORIAL DESCRIPTION OF STOCK MARKETS

2006

Haven on Earth? Dynamic Connections between Gold and Stock Markets in Turbulent Times

2017

We find that exogenous structural shocks caused by terrorist attacks, wars, political turmoil and gold market specific events have a strong role to play in the analysis of dynamic relationships between gold and stock market returns. Our main finding is that the interaction between the gold market and stock market is much tighter than previously observed. Especially some of the gold market specific shocks have long lasting impacts also on the financial markets. Also some events, which may have been miss-interpreted as minor shocks previously, have in fact had significant impacts on both stock and gold markets. Furthermore, the dynamic correlations between all the analyzed financial sectors i…

Open It And They Will Come? The Impact of Fallen Barriers on Securities Market Participation

2017

Various barriers may prevent people from entering a market. Will they participate in the market despite their inexperience once the barriers fall? I exploit the socalled German reunification experiment in order to assess the impact of removed market barriers on participation rates: While East Germans were deprived of the possibility to participate in capitalist securities markets before 1989, the reunification of Germany offered access to those markets. I estimate that a person is, ceteris paribus, by 25–30 percentage points less likely to participate over a 3–7 years horizon after being initially excluded from the securities market, suggesting a prominent role of financial experience in ex…

The effectiveness of several market integration measures when facing a market turmoil

2003

Many market integration measures are operationalized to compute their numerical values during a period characterized by the lack of stability and market turmoil. The results of the tests give their degree of effectiveness, and reveal that the measures based on the principles of asset valuation, versus statistical measures, more clearly yield the level of integration of financial markets. Besides, cross market arbitrage-linked measures and equilibrium models-linked measures provide complementary information and reflect different properties, and consequently, both types of measures may be useful in practice.

Trading activity and price impact in parallel markets: SETS vs. off-book market at the London Stock Exchange

2011

We empirically study the trading activity in the electronic on-book segment and in the dealership off-book segment of the London Stock Exchange, investigating separately the trading of active market members and of other market participants which are non-members. We find that (i) the volume distribution of off-book transactions has a significantly fatter tail than the one of on-book transactions, (ii) groups of members and non-members can be classified in categories according to their trading profile (iii) there is a strong anticorrelation between the daily inventory variation of a market member due to the on-book market transactions and inventory variation due to the off-book market transac…

Real Time Stereo Matching Using Two Step Zero-Mean SAD and Dynamic Programing

2018

Dense depth map extraction is a dynamic research field in a computer vision that tries to recover three-dimensional information from a stereo image pair. A large variety of algorithms has been developed. The local methods based on block matching that are prevalent due to the linear computational complexity and easy implementation. This local cost is used on global methods as graph cut and dynamic programming in order to reduce sensitivity to local to occlusion and uniform texture. This paper proposes a new method for matching images based on a two-stage of block matching as local cost function and dynamic programming as energy optimization approach. In our work introduce the two stage of th…

Shear and flexural strength prediction of corroded R.C. beams

2017

Abstract The purpose of the work was the study of the structural safety of R.C. beams subjected to corrosion processes though the derivation of moment-curvature diagrams and moment-to-shear interaction diagrams. Normal-strength reinforced concrete beams with longitudinal bars in the presence of transverse stirrups and subjected to corrosion processed are considered. Experimental results available in the literature related to corrosion processes, for steel bars, crack openings and bond degradation due to rust formation are reviewed. Then analytical laws relating to crack opening, bond degradation with attack penetration depth, through a rearranged form of Faraday’s law, are presented. An ana…

Optical determination of the oxygen content of YBa2Cu3O6+x thin films by IR reflectance and transmittance measurements

2001

Abstract Recent studies of the optical properties of YBa2Cu3O6+x (YBCO) single crystals by several authors have shown that the optical conductivity in the infrared spectral region is a sensitive function of the oxygen content of the samples. Infrared spectroscopy thus offers a possibility for oxygen concentration analysis and is an alternative to other methods such as (i) the X-ray determination of the length of the c-axis and (ii) spectroscopic ellipsometry at an electronic transition band centered around 4.1 eV whose strength decreases with increasing oxygen content. We explore the applicability of the IR optical method for the case of YBCO thin films of about 300 nm thickness which are e…