Matrix-analytic Methods in Stochastic Models

This book introduces new methods to value equity and model the Markowitz efficient frontier using Markov switching models. In particular, the book shows that there are substantial differences between

Currently the methods of Soft Computing are successfully used for risk analysis in: budgeting, e-commerce development, portfolio selection, Black-Scholes option pricing models, corporate acquisition s

This textbook provides a comprehensive yet accessible treatment of weather and climate prediction, for graduate students, researchers and professionals. It teaches the strengths, weaknesses and best practices for the use of atmospheric models. It is ideal for the many scientists who use such models across a wide variety of applications. The book describes the different numerical methods, data assimilation, ensemble methods, predictability, land-surface modeling, climate modeling and downscaling, computational fluid-dynamics models, experimental designs in model-based research, verification methods, operational prediction, and special applications such as air-quality modeling and flood prediction. This volume will satisfy everyone who needs to know about atmospheric modeling for use in research or operations. It is ideal both as a textbook for a course on weather and climate prediction and as a reference text for researchers and professionals from a range of backgrounds: atmospheric sci

This is a textbook and reference for readers interested in quasilinear control (QLC). QLC is a set of methods for performance analysis and design of linear plant or nonlinear instrumentation (LPNI) systems. The approach of QLC is based on the method of stochastic linearization, which reduces the nonlinearities of actuators and sensors to quasilinear gains. Unlike the usual - Jacobian linearization - stochastic linearization is global. Using this approximation, QLC extends most of the linear control theory techniques to LPNI systems. A bisection algorithm for solving these equations is provided. In addition, QLC includes new problems, specific for the LPNI scenario. Examples include Instrumented LQR/LQG, in which the controller is designed simultaneously with the actuator and sensor, and partial and complete performance recovery, in which the degradation of linear performance is either contained by selecting the right instrumentation or completely eliminated by the controller boosting.

This volume offers the reader practical methods to compute the option prices in the incomplete asset markets. The [GLP \& MEMM] pricing models are clearly introduced, and the properties of these mode

Quantum field theory is the application of quantum mechanics to systems with infinitely many degrees of freedom. This 2007 textbook presents quantum field theoretical applications to systems out of equilibrium. It introduces the real-time approach to non-equilibrium statistical mechanics and the quantum field theory of non-equilibrium states in general. It offers two ways of learning how to study non-equilibrium states of many-body systems: the mathematical canonical way and an easy intuitive way using Feynman diagrams. The latter provides an easy introduction to the powerful functional methods of field theory, and the use of Feynman diagrams to study classical stochastic dynamics is considered in detail. The developed real-time technique is applied to study numerous phenomena in many-body systems. Complete with numerous exercises to aid self-study, this textbook is suitable for graduate students in statistical mechanics and condensed matter physics.

This book covers recent advances in efficiency evaluations, most notably Data Envelopment Analysis (DEA) and Stochastic Frontier Analysis (SFA) methods. It introduces the underlying theories, shows h

Recent progress in numerical methods and computer science allows us today to simulate the propagation of seismic waves through realistically heterogeneous Earth models with unprecedented accuracy. Ful

Methods of global analysis and stochastic analysis are most often applied in mathematical physics as separate entities, thus forming important directions in the field. However, while combination of th

What new tools and models are enriching labor economics? "Developments in Research Methods and their Application" (volume 4A) summarizes recent advances in the ways economists study?wages, employment,

An Introduction to Stochastic Processes with Applications to Biology, Second Edition presents the basic theory of stochastic processes necessary in understanding and applying stochastic methods to bio

This volume gives a survey on mathematical and computational methods in image registration. During the last year sophisticated numerical models for registration and efficient numerical methods have be

Fuzzy Multicriteria Decision-Making: Models, Methods and Applications addresses theoretical and practical gaps in considering uncertainty and multicriteria factors encountered in the design, planning

Advances in scientific computing have made modelling and simulation an important part of the decision-making process in engineering, science, and public policy. This book provides a comprehensive and systematic development of the basic concepts, principles, and procedures for verification and validation of models and simulations. The emphasis is placed on models that are described by partial differential and integral equations and the simulations that result from their numerical solution. The methods described can be applied to a wide range of technical fields, from the physical sciences, engineering and technology and industry, through to environmental regulations and safety, product and plant safety, financial investing, and governmental regulations. This book will be genuinely welcomed by researchers, practitioners, and decision makers in a broad range of fields, who seek to improve the credibility and reliability of simulation results. It will also be appropriate either for univers

Cross-cultural research is now an undeniable part of mainstream psychology and has had a major impact on conceptual models of human behavior. Although it is true that the basic principles of social psychological methodology and data analysis are applicable to cross-cultural research, there are a number of issues that are distinct to it, including managing incongruities of language and quantifying cultural response sets in the use of scales. Cross-Cultural Research Methods in Psychology provides state-of-the-art knowledge about the methodological problems that need to be addressed if a researcher is to conduct valid and reliable cross-cultural research. It also offers practical advice and examples of solutions to those problems and is a must-read for any student of culture.

Econophysics applies the methodology of physics to the study of economics. However, whilst physicists have good understanding of statistical physics, they may be unfamiliar with recent advances in statistical conjectures, including Bayesian and predictive methods. Equally, economists with knowledge of probabilities do not have a background in statistical physics and agent-based models. Proposing a unified view for a dynamic probabilistic approach, this book is useful for advanced undergraduate and graduate students as well as researchers in physics, economics and finance. The book takes a finitary approach to the subject, discussing the essentials of applied probability, and covering finite Markov chain theory and its applications to real systems. Each chapter ends with a summary, suggestions for further reading, and exercises with solutions at the end of the book.

Arid and semi-arid regions face major challenges in the management of scarce freshwater resources under pressures of population, economic development, climate change, pollution and over-abstraction. Groundwater is commonly the most important water resource in these areas. Groundwater models are widely used globally to understand groundwater systems and to guide decisions on management. However, the hydrology of arid and semi-arid areas is very different from that of humid regions, and there is little guidance on the special challenges of groundwater modelling for these areas. This book brings together the experience of internationally leading experts to fill a gap in the scientific and technical literature. It introduces state-of-the-art methods for modelling groundwater resources, illustrated with a wide-ranging set of illustrative examples from around the world. The book is valuable for researchers, practitioners in developed and developing countries, and graduate students in hydrolo

Cross-cultural research is now an undeniable part of mainstream psychology and has had a major impact on conceptual models of human behavior. Although it is true that the basic principles of social psychological methodology and data analysis are applicable to cross-cultural research, there are a number of issues that are distinct to it, including managing incongruities of language and quantifying cultural response sets in the use of scales. Cross-Cultural Research Methods in Psychology provides state-of-the-art knowledge about the methodological problems that need to be addressed if a researcher is to conduct valid and reliable cross-cultural research. It also offers practical advice and examples of solutions to those problems and is a must-read for any student of culture.

Motivated by practical optimization problems occurring in energy systems with regenerative energy supply, Debora Mahlke formulates and analyzes multistage stochastic mixed-integer models. For their so

Models and methods for operational risks assessment and mitigation are gaining importance in financial institutions, healthcare organizations, industry, businesses and organisations in general. This

Facility in the targeted manipulation of the genetic and metabolic composition of organisms, combined with unprecedented computational power, is forging a niche for a new subspecialty of biotechnology called metabolic engineering. First published in 2002, this book introduces researchers and advanced students in biology and engineering to methods of optimizing biochemical systems of biotechnological relevance. It examines the development of strategies for manipulating metabolic pathways, demonstrates the need for effective systems models, and discusses their design and analysis, while placing special emphasis on optimization. The authors propose power-law models and methods of biochemical systems theory toward these ends. All concepts are derived from first principles, and the text is richly illustrated with numerous graphs and examples throughout. Special features include: nontechnical and technical introductions to models of biochemical systems; a review of basic methods of model des

Random matrices arise from, and have important applications to, number theory, probability, combinatorics, representation theory, quantum mechanics, solid state physics, quantum field theory, quantum gravity, and many other areas of physics and mathematics. This 2001 volume of surveys and research results, based largely on lectures given at the Spring 1999 MSRI program of the same name, covers broad areas such as topologic and combinatorial aspects of random matrix theory; scaling limits, universalities and phase transitions in matrix models; universalities for random polynomials; and applications to integrable systems. Its stress on the interaction between physics and mathematics will make it a welcome addition to the shelves of graduate students and researchers in both fields, as will its expository emphasis.

This book is aimed at presenting different methods and perspectives in the theory of Quantum Groups, bridging between the algebraic, representation theoretic, analytic, and differential-geometric appr

This book was first published in 1970. It addresses the increasing use of digital computers for equilibrium calculations in high temperature, high pressure processes, in rocketry and in explosives technology. It surveys the numerical techniques developed over the fifteen to twenty years preceding its publication. The authors derive the equations describing equilibria in different types of system and outline the effect of variation of the parameters of the system on the equilibrium composition. They discuss critically the available methods of solution of the chemical equilibrium problem, both in the minimization and non-linear equations form, and indicate the factors that should be taken into account in selecting the optimum method of solution for a particular problem and computer. The fundamental chemical and thermodynamic analytic material was selected so as to make the book fully accessible for students of chemical engineering, explosives and technology.

This collection brings together important contributions by leading econometricians on (i) parametric approaches to qualitative and sample selection models, (ii) nonparametric and semi-parametric approaches to qualitative and sample selection models, and (iii) nonlinear estimation of cross-sectional and time series models. The advances achieved here can have important bearing on the choice of methods and analytical techniques in applied research.

First published in 1999, Dynamic Issues in Commercial Policy Analysis focuses on the explicit specification of dynamic mechanisms in the formal analytics of trade models. A wide range of modelling approaches is employed to investigate an even wider range of policy issues, with an overall objective of further extension of the basic conceptual framework of applied commercial policy analysis in the direction of dynamic issues and applications. Professors Baldwin and Francois and their contributors emphasise methods for the analysis of interactions between commercial policy and leading policy issues, including investment performance, economic growth and innovation, the location of industry, migration, and the environment.

This 2006 book presents a systematic introduction to the theory of parametric stability of structures under both deterministic and stochastic loadings. A comprehensive range of theories are presented and various application problems are formulated and solved, often using more than one approach. Investigation of an elastic system's dynamic stability frequently leads to the study of dynamic behaviour of the solutions of parametrically excited systems. Parametric instability or resonance is more dangerous than ordinary resonance as it is characterised by exponential growth of the response amplitudes even in the presence of damping. The emphasis in this book is on the applications and various analytical and numerical methods for solving engineering problems. The materials presented are as self-contained as possible, with all of the important steps of analysis provided in order to make the book suitable as a graduate-level textbook and especially for self-study.

This 2005 book gives a comprehensive overview of measurement techniques and theories for marine turbulence and mixing processes. It describes the processes which control the mixing of greenhouse gases, nutrients, trace elements, and hazardous substances in our oceans and shelf seas - from local to planetary scales. These processes buffer climate changes and are centrally important for regional to global ecosystem dynamics. The publication also contains source codes of turbulence models and models of the upper-ocean mixing layer (COHERENS and GOTM), and observational data sets of turbulence characteristics or corresponding proxies of waters from all over the world. These can be found at www.cambridge.org/9780521153720. Written by a team of 53 world-leading experts, it represents a rich source of data and methods for students and scientists in oceanography, hydrology, limnology, and meteorology, as well as marine, naval and civil engineers.

The new edition of Prevention Is Primary provides models, methods, and approaches for building health and equity in communities. This comprehensive book includes the theory, concepts, and models need

With an emphasis on models and techniques, this textbook introduces many of the fundamental concepts of stochastic modeling that are now a vital component of almost every scientific investigation. In

Originally published in 2000, this is the second volume of a comprehensive two-volume treatment of quadratic optimal control theory for partial differential equations over a finite or infinite time horizon, and related differential (integral) and algebraic Riccati equations. Both continuous theory and numerical approximation theory are included. The authors use an abstract space, operator theoretic approach, which is based on semigroups methods, and which unifies across a few basic classes of evolution. The various abstract frameworks are motivated by, and ultimately directed to, partial differential equations with boundary/point control. Volume 2 is focused on the optimal control problem over a finite time interval for hyperbolic dynamical systems. A few abstract models are considered, each motivated by a particular canonical hyperbolic dynamics. It presents numerous fascinating results. These volumes will appeal to graduate students and researchers in pure and applied mathematics and

This collection of articles by well-known experts was originally published in 2000 and is intended for researchers in computer science, practitioners of formal methods, and computer programmers working in safety-critical applications or in the technology of component-based systems. The work brings together several elements of this area that were fast becoming the focus of much research and practice in computing. The introduction by Clemens Szyperski gives a snapshot of research in the field. About half the articles deal with theoretical frameworks, models, and systems of notation; the rest of the book concentrates on case studies by researchers who have built prototype systems and present findings on architectures verification. The emphasis is on advances in the technological infrastructure of component-based systems; how to design and specify reusable components; and how to reason about, verify, and validate systems from components. Thus the book shows how theory might move into pract

This introduction to complex variable methods begins by carefully defining complex numbers and analytic functions, and proceeds to give accounts of complex integration, Taylor series, singularities, residues and mappings. Both algebraic and geometric tools are employed to provide the greatest understanding, with many diagrams illustrating the concepts introduced. The emphasis is laid on understanding the use of methods, rather than on rigorous proofs. Throughout the text, many of the important theoretical results in complex function theory are followed by relevant and vivid examples in physical sciences. This second edition now contains 350 stimulating exercises of high quality, with solutions given to many of them. Material has been updated and additional proofs on some of the important theorems in complex function theory are now included, e.g. the Weierstrass–Casorati theorem. The book is highly suitable for students wishing to learn the elements of complex analysis in an applied con

This three-volume series presents the ideas, models and approaches essential to understanding plasma dynamics and self-organization for researchers and graduate students in plasma physics, controlled fusion and related fields such as plasma astrophysics. Volume I develops the physical kinetics of plasma turbulence through a focus on quasi-particle models and dynamics. It discusses the essential physics concepts and theoretical methods for describing weak and strong fluid and phase space turbulence in plasma systems far from equilibrium. The book connects the traditionally 'plasma' topic of weak or wave turbulence theory to more familiar fluid turbulence theory, and extends both to the realm of collisionless phase space turbulence. This gives readers a deeper understanding of these related fields, and builds a foundation for future applications to multi-scale processes of self-organization in tokamaks and other confined plasmas. This book emphasizes the conceptual foundations and physic

Dark energy, the mysterious cause of the accelerating expansion of the universe, is one of the most important fields of research in astrophysics and cosmology today. Introducing the theoretical ideas, observational methods and results, this textbook is ideally suited to graduate courses on dark energy, and will also supplement advanced cosmology courses. Providing a thorough introduction to this exciting field, the textbook covers the cosmological constant, quintessence, k-essence, perfect fluid models, extra-dimensional models, and modified gravity. Observational research is reviewed, from the cosmic microwave background to baryon acoustic oscillations, weak lensing and cluster abundances. Every chapter ends with problems, with full solutions provided, and any calculations are worked through step-by-step.

This textbook provides a modern, quantitative and process-oriented approach to equip students with the tools to understand geomorphology. Insight into the interpretation of landscapes is developed from basic principles and simple models, and by stepping through the equations that capture the essence of the mechanics and chemistry of landscapes. Boxed worked examples and real-world applications bring the subject to life for students, allowing them to apply the theory to their own experience. The book covers cutting edge topics, including the revolutionary cosmogenic nuclide dating methods and modeling, highlights links to other Earth sciences through up-to-date summaries of current research, and illustrates the importance of geomorphology in understanding environmental changes. Setting up problems as a conservation of mass, ice, soil, or heat, this book arms students with tools to fully explore processes, understand landscapes, and to participate in this rapidly evolving field.

Thoroughly revised for its second edition, this advanced textbook provides an introduction to the basic methods of computational physics, and an overview of progress in several areas of scientific computing by relying on free software available from CERN. The book begins by dealing with basic computational tools and routines, covering approximating functions, differential equations, spectral analysis, and matrix operations. Important concepts are illustrated by relevant examples at each stage. The author also discusses more advanced topics, such as molecular dynamics, modeling continuous systems, Monte Carlo methods, genetic algorithm and programming, and numerical renormalization. It includes many more exercises. This can be used as a textbook for either undergraduate or first-year graduate courses on computational physics or scientific computation. It will also be a useful reference for anyone involved in computational research.

A Unified Summary of the Models and Optimization Methods Used in Computational Lithography Optical lithography is one of the most challenging areas of current integrated circuit manufacturing technol

A practical text suitable for an introductory or advanced course in formal methods, this book presents a mathematical approach to modelling and designing systems using an extension of the B formal method: Event-B. Based on the idea of refinement, the author's systematic approach allows the user to construct models gradually and to facilitate a systematic reasoning method by means of proofs. Readers will learn how to build models of programs and, more generally, discrete systems, but this is all done with practice in mind. The numerous examples provided arise from various sources of computer system developments, including sequential programs, concurrent programs and electronic circuits. The book also contains a large number of exercises and projects ranging in difficulty. Each of the examples included in the book has been proved using the Rodin Platform tool set, which is available free for download at www.event-b.org.

Correlation is a robust and general technique for pattern recognition and is used in many applications, such as automatic target recognition, biometric recognition and optical character recognition. The design, analysis and use of correlation pattern recognition algorithms requires background information, including linear systems theory, random variables and processes, matrix/vector methods, detection and estimation theory, digital signal processing and optical processing. This book provides a needed review of this diverse background material and develops the signal processing theory, the pattern recognition metrics, and the practical application know-how from basic premises. It shows both digital and optical implementations. It also contains technology presented by the team that developed it and includes case studies of significant interest, such as face and fingerprint recognition. Suitable for graduate students taking courses in pattern recognition theory, whilst reaching technical