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Digital
Continuous-Time Markov Decision Processes : Borel Space Models and General Control Strategies
Authors: ---
ISBN: 9783030549879 Year: 2020 Publisher: Cham Springer International Publishing

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Abstract

This book offers a systematic and rigorous treatment of continuous-time Markov decision processes, covering both theory and possible applications to queueing systems, epidemiology, finance, and other fields. Unlike most books on the subject, much attention is paid to problems with functional constraints and the realizability of strategies. Three major methods of investigations are presented, based on dynamic programming, linear programming, and reduction to discrete-time problems. Although the main focus is on models with total (discounted or undiscounted) cost criteria, models with average cost criteria and with impulsive controls are also discussed in depth. The book is self-contained. A separate chapter is devoted to Markov pure jump processes and the appendices collect the requisite background on real analysis and applied probability. All the statements in the main text are proved in detail. Researchers and graduate students in applied probability, operational research, statistics and engineering will find this monograph interesting, useful and valuable. .


Digital
Modern Trends in Controlled Stochastic Processes : Theory and Applications, V.III
Authors: ---
ISBN: 9783030769284 9783030769291 9783030769307 9783030769277 Year: 2021 Publisher: Cham Springer International Publishing

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This book presents state-of-the-art solution methods and applications of stochastic optimal control. It is a collection of extended papers discussed at the traditional Liverpool workshop on controlled stochastic processes with participants from both the east and the west. New problems are formulated, and progresses of ongoing research are reported. Topics covered in this book include theoretical results and numerical methods for Markov and semi-Markov decision processes, optimal stopping of Markov processes, stochastic games, problems with partial information, optimal filtering, robust control, Q-learning, and self-organizing algorithms. Real-life case studies and applications, e.g., queueing systems, forest management, control of water resources, marketing science, and healthcare, are presented. Scientific researchers and postgraduate students interested in stochastic optimal control,- as well as practitioners will find this book appealing and a valuable reference. .


Digital
Uncovered Interest Parity and Monetary Policy Near and Far from the Zero Lower Bound
Authors: ---
Year: 2015 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Relying upon a standard New Keynesian DSGE, we propose an explanation for two empirical findings in the international finance literature. First, the unbiasedness hypothesis - the proposition that expost exchange rate depreciation matches interest differentials - is rejected much more strongly at short horizons than at long. Second, even at long horizons, the unbiasedness hypothesis tends to be rejected when one of the currencies has experienced a long period of low interest rates, such as in Japan and Switzerland. Using a calibrated New Keynesian dynamic stochastic general equilibrium model, we show how a monetary policy rule can induce the negative (positive) correlation between depreciation and interest differentials at short (long) horizons. The tendency to reject unbiasedness for Japan and Switzerland even at long horizons we attribute to the interaction of the monetary reaction function and the zero lower bound.


Digital
Optimization and Control Techniques and Applications
Authors: --- ---
ISBN: 9783662434048 Year: 2014 Publisher: Berlin, Heidelberg Springer

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This book presents advances in state-of-the-art solution methods and their applications to real life practical problems in optimization, control and operations research. Contributions from world-class experts in the field are collated here in two parts, dealing first with optimization and control theory and then with techniques and applications. Topics covered in the first part include control theory on infinite dimensional Banach spaces, history-dependent inclusion and linear programming complexity theory. Chapters also explore the use of approximations of Hamilton-Jacobi-Bellman inequality for solving periodic optimization problems and look at multi-objective semi-infinite optimization problems, and production planning problems.  In the second part, the authors address techniques and applications of optimization and control in a variety of disciplines, such as chaos synchronization, facial expression recognition and dynamic input-output economic models. Other applications considered here include image retrieval, natural earth satellites orbital transfers, snap-back repellers, and modern logistic systems. Readers will learn of advances in optimization, control, and operations research, as well as potential new avenues of research and development. The book will appeal to scientific researchers, mathematicians and all specialists interested in the latest advances in optimization and control.  .


Digital
Atlas of Thoracoscopic-lapacoscopic Esophagectomy
Authors: --- ---
ISBN: 9789811075698 Year: 2018 Publisher: Singapore Springer Singapore, Imprint: Springer

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This Atlas provides an easy-to-follow operational guide to laparoscopic techniques. It features a wealth of photos to illustrate esophageal carcinoma surgery. Through step-by-step anatomical photographs, it clearly depicts the Ivor-Lewis operative and Ivor-Lewis-Mckeown operative techniques. Using a consistent format, it addresses the clinical anatomy, pre-operative considerations, operative steps, post-operative care, and pearls and pitfalls to make it easy-to-read. The authors emphasize the similarities of the principles and steps between open and laparoscopic surgery, which significantly simplifies the transition from one practice to the other. This Atlas also includes a description of anesthesia techniques, a guide to the use of staplers in laparoscopic surgery, and a comparison of the energy sources available for laparoscopic surgery, while also outlining future developments, e.g. the increasing prevalence of robotic surgery for these procedures. The Atlas offers an essential guide for practitioners and trainees, laparoscopic and thoracoscopic surgeons, and experienced esophageal surgeons who are preparing to change to minimal invasive techniques for the management of esophageal carcinoma. It will also benefit all surgeons who are seeking clear photos detailing how to perform these esophageal carcinoma operations.


Digital
Multiscale modeling of additively manufactured metals : application to laser powder bed fusion process
Authors: --- ---
ISBN: 9780128225592 0128225599 Year: 2020 Publisher: Amsterdam, Netherlands ;Cambridge, MA Elsevier

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Multiscale Modeling of Additively Manufactured Metals: Application to Laser Powder Bed Fusion Process provides comprehensive coverage on the latest methodology in additive manufacturing (AM) modeling and simulation. Although there are extensive advances within the AM field, challenges to predictive theoretical and computational approaches still hinder the widespread adoption of AM. The book reviews metal additive materials and processes and discusses multiscale/multiphysics modeling strategies. In addition, coverage of modeling and simulation of AM process in order to understand the process-structure-property relationship is reviewed, along with the modeling of morphology evolution, phase transformation, and defect formation in AM parts. Residual stress, distortion, plasticity/damage in AM parts are also considered, with scales associated with the spatial, temporal and/or material domains reviewed. This book is useful for graduate students, engineers and professionals working on AM materials, equipment, process, development and modeling.

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Digital
Crossing the Himalayas : Buddhist Ties, Regional Integration and Great-Power Rivalry
Authors: --- ---
ISBN: 9789811658082 9789811658075 9789811658099 9789811658105 Year: 2022 Publisher: Singapore Springer Nature

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This book aims to analyze two contrasting trends of integration and rivalry among great powers and regional states of Himalaya. It examines the interactions between the great powers and the small states in the Himalayan region, analyzes the multiple effects of the great power rivalry on the regional cooperation, and predicts the possible directions of the future of the geo-politics and geo-economy in the Himalayan region by incorporating the most recent developments. The main content of the book is divided into 11 parts. The Introduction briefly explains the aims and scope of this book. The following chapter focuses on the Buddhist ties between China and the Himalayan states in the past two millennia and its dual influence in the Himalayan region. The rest 9 chapters provide an in-depth analyses of the security dilemma between China and India, Indian perspectives on China-South Asian relations, Chinese perspectives on U.S. and Japan's engagement with South Asia and Indo-Myanmar relations, and Pakistan, Sri Lanka, Bangladesh and Nepal's responses to the regional integration and great power rivalry in the Himalayan region respectively. This is the first study which brings the Himalaya region at the center of geopolitical and geo-economics cooperation and rivalry thus highlighting its significance in Asian politics. It offers a comprehensive analysis of the complicated geo-political and geo-economic competition in the Himalayan region by inviting experts from both South Asia and China to contribute chapters. It also balances the west-centered views on the great power rivalry by introducing cultural perspective and small state perspective. The broad approach adopted in the book with focus on all important countries expands the scope of readership beyond specific academic community. The book will interest academics, policy makers, journalists, general reader and students of Asian politics.


Digital
Advanced Manufacturing Technology in China: A Roadmap to 2050
Authors: --- --- ---
ISBN: 9783642138553 Year: 2012 Publisher: Berlin, Heidelberg Springer Berlin Heidelberg


Digital
Smart Wireless Sensing : From IoT to AIoT
Authors: --- --- ---
ISBN: 9789811656583 9789811656590 9789811656606 9789811656576 Year: 2021 Publisher: Singapore Springer Singapore, Imprint: Springer

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Perception of human beings has evolved from natural biosensor to powerful sensors and sensor networks. In sensor networks, trillions of devices are interconnected and sense a broad spectrum of contexts for human beings, laying the foundation of Internet of Things (IoT). However, sensor technologies have several limitations relating to deployment cost and usability, which render them unacceptable for practical use. Consequently, the pursuit of convenience in human perception necessitates a wireless, sensorless and contactless sensing paradigm. Recent decades have witnessed rapid developments in wireless sensing technologies, in which sensors detect wireless signals (such as acoustic, light, and radio frequency) originally designed for data transmission or lighting. By analyzing the signal measurements on the receiver end, channel characteristics can be obtained to convey the sensing results. Currently, significant effort is being devoted to employing the ambient Wi-Fi, RFID, Bluetooth, ZigBee, and television signals for smart wireless sensing, eliminating the need for dedicated sensors and promoting the prospect of the Artificial Intelligence of Things (AIoT). This book provides a comprehensive and in-depth discussion of wireless sensing technologies. Specifically, with a particular focus on Wi-Fi-based sensing for understanding human behavior, it adopts a top-down approach to introduce three key topics: human detection, localization, and activity recognition. Presenting the latest advances in smart wireless sensing based on an extensive review of state-of-the-art research, it promotes the further development of this area and also contributes to interdisciplinary research.


Digital
Exchange Rate Prediction Redux : New Models, New Data, New Currencies
Authors: --- --- ---
Year: 2017 Publisher: Cambridge, Mass. National Bureau of Economic Research

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Previous assessments of nominal exchange rate determination, following Meese and Rogoff (1983) have focused upon a narrow set of models. Cheung et al. (2005) augmented the usual suspects with productivity based models, and "behavioral equilibrium exchange rate" models, and assessed performance at horizons of up to 5 years. In this paper, we further expand the set of models to include Taylor rule fundamentals, yield curve factors, and incorporate shadow rates and risk and liquidity factors. The performance of these models is compared against the random walk benchmark. The models are estimated in error correction and first-difference specifications. We examine model performance at various forecast horizons (1 quarter, 4 quarters, 20 quarters) using differing metrics (mean squared error, direction of change), as well as the "consistency" test of Cheung and Chinn (1998). No model consistently outperforms a random walk, by a mean squared error measure, although purchasing power parity does fairly well. Moreover, along a direction-of-change dimension, certain structural models do outperform a random walk with statistical significance. While one finds that these forecasts are cointegrated with the actual values of exchange rates, in most cases, the elasticity of the forecasts with respect to the actual values is different from unity. Overall, model/specification/currency combinations that work well in one period will not necessarily work well in another period

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