Time Consistent Dynamic Risk Measures

We introduce the time-consistency concept that is inspired by the so-called “principle of optimality” of dynamic programming and demonstrate – via an example – that the conditional value-at-risk (CVaR) need not be time-consistent in a multi-stage case. Then, we give the formulation of the target-percentile risk measure which is time-consistent and hence more suitable in the multi-stage investment context. Finally, we also generalize the value-at-risk and CVaR to multi-stage risk measures based on the theory and structure of the target-percentile risk measure.     

A note on balance vertices in trees

The notion of balanced bipartitions of the vertices in a tree T was introduced and studied by Reid (Networks 34 (1999) 264). Reid proved that the set of balance vertices of a tree T consists of a single vertex or two adjacent vertices. In this note, we give a simple proof of that result.     

空气比热容比实验的非绝热问题

通过一系列的实验数据分析，发现空气比热容比实验中非绝热现象不可以忽略．     

Hydrodynamical limit for a drift-diffusion system modeling large-population dynamics

In this paper we study the stability of the following nonlinear drift-diffusion system modeling large population dynamics ∂_tρ+div(ρU−ε∇ρ)=0, divU=±ρ, with respect to the viscosity parameter ε. The sign in the second equation depends on the attractive or repulsive character of the field U. A proof of the compactness and convergence properties in the vanishing viscosity regime is given. The lack of compactness in the attractive case is caused by the blow-up of the solution which depends on the mass and on the space dimension. Our stability result is connected, depending of the character of the potentials, with models in semiconductor theory or in biological population.     

Vassiliev invariants for braids on surfaces

We show that Vassiliev invariants separate braids on a closed oriented surface, and we exhibit a universal Vassiliev invariant for these braids in terms of chord diagrams labeled by elements of the fundamental group of the surface.

     

Lattice parameter and luminescence properties of europium activated yttrium oxide

Samples of yttrium oxide doped with trivalent europium have been prepared by ceramic techniques, under different synthesis conditions; barium chloride (BaCl₂) and sodium tetraborate (Na₂B₄O₇) were tested as flux. The improvement of luminescence properties in dependence on substitution of Eu³⁺ for Y³⁺ in the host lattice, under electron and UV excitations is demonstrated. The lattice parameter as a quantitative assessment of activator incorporation degree is proposed. The obtained results are discussed with respect to the employed processing method.     

Upper and lower bounds for the energy of bipartite graphs

Using Lagrange's multiplier rule, we find upper and lower bounds of the energy of a bipartite graph G, in terms of the number of vertices, edges and the spectral moment of fourth order. Moreover, the upper bound is attained in a graph G if and only if G is the graph of a symmetric balanced incomplete block design (BIBD). Also, we determine the graphs for which the lower bound is sharp.     

The Computational Complexity of the Chow Form

We present a bounded probability algorithm for the computation of the Chowforms of the equidimensional components of an algebraic variety. In particular, this gives an alternative procedure for the effective equidimensional decomposition of the variety, since each equidimensional component is characterized by its Chow form. The expected complexity of the algorithm is polynomial in the size and the geometric degree of the input equation system defining the variety. Hence it improves (or meets in some special cases) the complexity of all previous algorithms for computing Chow forms. In addition to this, we clarify the probability and uniformity aspects, which constitutes a further contribution of the paper. The algorithm is based on elimination theory techniques, in line with the geometric resolution algorithm due to M. Giusti, J. Heintz, L. M. Pardo, and their collaborators. In fact, ours can be considered as an extension of their algorithm for zero-dimensional systems to the case of positive-dimensional varieties. The key element for dealing with positive-dimensional varieties is a new Poisson-type product formula. This formula allows us to compute the Chow form of an equidimensional variety from a suitable zero-dimensional fiber. As an application, we obtain an algorithm to compute a subclass of sparse resultants, whose complexity is polynomial in the dimension and the volume of the input set of exponents. As another application, we derive an algorithm for the computation of the (unique) solution of a generic overdetermined polynomial equation system.     

Diphenylmethane transformations over boron trifluoride modified alumina and silica-alumina

Transformations of diphenylmethane were investigated in a flow system in the presence of alumina and silica-alumina modified with boron trifluoride at atmospheric pressure and elevated temperatures. Hydrogen transfer reaction was observed on addition of tetralin to the substrate stream. This revised version was published online in August 2006 with corrections to the Cover Date.     

On the coupled NBEM and FEM for a class of nonlinear exterior Dirichlet problem in R 2

In this paper, based on the natural boundary reduction advanced by Feng and Yu, we couple the finite element approach with the natural boundary element method to study the weak solvability and Galerkin approximation of a class of nonlinear exterior boundary value problems. The analysis is mainly based on the variational formulation with constraints. We prove the error estimate of the finite element solution and obtain the asymptotic rate of convergence. Finally, we also give a numerical example.