Page 103
Page 103
Finite Mixture and Markov Switching Models
The prominence of finite mixture modelling is greater than ever. Many important statistical topics like clustering data, outlier treatment, or dealing with unobserved heterogeneity involve finite mixture models in some way or other. The area of potential applications goes beyond simple data analysis and extends to regression analysis and to non-linear time series analysis using Markov switching models.It is the first time that the Bayesian perspective of finite mixture modelling is systematically presented in book form. It is argued that the Bayesian approach provides much insight in this context and is easily implemented in practice. Although the main focus is on Bayesian inference, the author reviews several frequentist techniques, especially selecting the number of components of a finite mixture model, and discusses some of their shortcomings compared to the Bayesian approach. The aim of this book is to impart the finite mixture and Markov switching approach to statistical modelling to a wide-ranging community. This includes not only statisticians, but also biologists, economists, engineers, financial agents, market researcher, medical researchers or any other frequent user of statistical models. This book should help newcomers to the field to understand how finite mixture and Markov switching models are formulated, what structures they imply on the data, what they could be used for, and how they are estimated.
Finite Elements III : First-Order and Time-Dependent PDEs
Volume III is divided into 28 chapters. The first eight chapters focus on the symmetric positive systems of first-order PDEs called Friedrichs' systems. This part of the book presents a comprehensive and unified treatment of various stabilization techniques from the existing literature. It discusses applications to advection and advection-diffusion equations and various PDEs written in mixed form such as Darcy and Stokes flows and Maxwell's equations. The remainder of Volume III addresses time-dependent problems: parabolic equations (such as the heat equation), evolution equations without coercivity (Stokes flows, Friedrichs' systems), and nonlinear hyperbolic equations (scalar conservation equations, hyperbolic systems). It offers a fresh perspective on the analysis of well-known time-stepping methods. The last five chapters discuss the approximation of hyperbolic equations with finite elements. Here again a new perspective is proposed.
Finite element methods : Parallel-sparse statics and Eigen-Solutions
FEM, and the associated computer software are widely recognized as some of the most effective tools for solutions of large-scale engineering applications. Efficient equation and eigen-solvers play critical roles in solving these problems. Sparse matrix technologies have evolved and are now mature enough that all popular and commercialized FEM codes have inserted sparse solvers into their software. So far, however, few books include detailed discussion and explanation of sparse equation-solvers and Lanczos domain decomposition (DD) or finite element formulation for parallel computing purposes. The material in Finite Element Methods: Parallel-Sparse Statics and Eigen-Solutions has evolved over the past several years from the author's research work and his graduate courses.
Finite Element Mathematics
Is a comprehensive guide that explores the versatility and affordability of the finite element method (FEM) as a powerful tool for solving engineering problems across various industries. This book provides a practical introduction to FEM analysis, covering applications in mechanical engineering, civil engineering, electrical engineering, and physics. It presents a balanced blend of theory and applications, catering to both beginners and those seeking to enhance their FEM skills.
Finite element design of concrete structures : Practical problems and their solutions
In Finite Element Design of Concrete Structures: practical problems and their solutions the author addresses this 'blind belief' in computer results by offering a useful critique that 'important details are overlooked due to the flood of information' from the output of computer calculations. Indeed, errors in the numerical model may lead in extreme cases to structural failures as the collapse of the so-called Sleipner platform has demonstrated.
Finite element analysis in geotechnical engineering ; Vol.1 : Theory
Provides the reader with a detailed insight into the use of the finite element method in geotechnical engineering. As specialist knowledge required to perform geotechnical finite element analysis is not normally part of a single engineering degree course, this lucid work will prove invaluable. It brings together essential information presented in a manner understandable to most engineers. Volume 1 presents the theory, assumptions and approximations involved in finite element analysis
Finite element analysis in geotechnical engineering : Vol.2 : Application
Provides the reader with a detailed insight into the use of the finite element method in geotechnical engineering. As specialist knowledge required to perform geotechnical finite element analysis is not normally part of a single engineering degree course, this lucid work will prove invaluable. It brings together essential information presented in a manner understandable to most engineers. Volume 2 concentrates on its practical applications.
Finite element analysis for design engineers
Finite Element Analysis (FEA) has been widely implemented by the automotive industry as a productivity tool for design engineers to reduce both development time and cost. This essential work serves as a guide for FEA as a design tool and addresses the specific needs of design engineers to improve productivity.
Finite element analysis and design of steel and steel–concrete composite bridges
The book’s eight chapters begin with an overview of the various forms of modern steel and steel-concrete composite bridges, current design codes (American, British, and Eurocodes), nonlinear material behavior of the bridge components, and applied loads and stability of steel and steel-concrete composite bridges. This is followed by self-contained chapters concerning design examples of steel and steel-concrete composite bridge components as well as finite element modeling of the bridges and their components. The final chapter focuses on finite element analysis and the design of composite highway bridges with profiled steel sheeting.
Finite Difference Computing with PDEs : A Modern Software Approach
This easy-to-read book introduces the basics of solving partial differential equations by means of finite difference methods. Unlike many of the traditional academic works on the topic, this book was written for practitioners. Accordingly, it especially addresses: the construction of finite difference schemes, formulation and implementation of algorithms, verification of implementations, analyses of physical behavior as implied by the numerical solutions, and how to apply the methods and software to solve problems in the fields of physics and biology.
FinFETs and Other Multi-Gate Transistors
FinFETs and Other Multi-Gate Transistors provides a comprehensive description of the physics, technology and circuit applications of multigate field-effect transistors (FETs). It explains the physics and properties of these devices, how they are fabricated and how circuit designers can use them to improve the performances of integrated circuits.
Fine-Tuning of RNA Functions by Modification and Editing
This book provides advance information on RNA modification, including the associated editing machinery, while offering the reader some perspective on the significance of such modifications in fine-tuning the structure and functions of mature RNA molecules and hence the ability to influence the efficiency and accuracy of genetic expression.
Financing public universities : The case of performance funding
"Financing Public Universities" addresses newer practices of resource allocation which tie funding to indicators of performance. The gist of these efforts is to raise the quality of institutional systems. Performance-based budgeting and funding of public universities is part of broader efforts to reform public management, and it is being promoted and implemented by various government agencies around the globe. In particular, European universities with their normally strong governmental ties, or higher education systems molded on European universities, are prime targets of such reforms. Performance funding has made its inroads in attempts to grant university systems managerial autonomy: autonomy was to be granted in exchange for funding modes which are tied to the measurement of performance indicators. Unfortunately, performance-based budgeting or funding measures cannot meet the various expectations: they do not raise the quality of teaching or learning; they do not raise research performance; they take back a great deal of managerial autonomy which is commonly judged to be essential for the well being of higher education institutions, in particular research universities; and they act as automata in place of proper governance and management.
Financial Technology : Case Studies in Fintech Innovation
Combines theoretical and commercial perspectives informed by the author's professional experience and academic research Thoroughly explains key technologies and emerging business models in a clear and accessible manner for those with no technological background Includes a mix of international case studies from large financial services organizations and smaller start-ups, including Lloyds Bank, TransferWise, Generali, Starling and Stocktwits Covers the topics required for postgraduate and undergraduate Financial Technology courses and includes learning objectives and discussion questions based on case studies
Financial statements : Analysis, reporting and valuation
Through a mixture of concepts and examples, the second edition of this book demystifies the variety of elements of financial accounting and uncovers the need-to-know information for certification in this field. This book covers the two aspects of financial statement analysis, namely quantitative and non-quantitative analysis. Unique to the second edition, the book will also cover Non-GAA- metrics and valuation accounting.
Financial statement analysis : A practitioner's guide
This fully revised and up-to-date 5th Edition offers fresh information that will help you to evaluate financial statements in today's volatile markets and uncertain economy. The declining connection between GAAP earnings and stock prices has introduced a need to discriminate between instructive and misleading non-GAAP alternatives. This book integrates the alternatives and provides guidance on understanding the extent to which non-GAAP reports, particularly from US companies, may be biased.
Financial risk management with bayesian estimation of GARCH models : Theory and applications
This book presents methodologies for the Bayesian estimation of GARCH models and their application to financial risk management. The study of these models from a Bayesian viewpoint is relatively recent and can be considered very promising due to the advantages of the Bayesian approach, in particular the possibility of obtaining small-sample results and integrating these results in a formal decision model. The first two chapters introduce the work and give an overview of the Bayesian paradigm for inference. The next three chapters describe the estimation of the GARCH model with Normal innovations and the linear regression models with conditionally Normal and Student-t-GJR errors. The sixth chapter shows how agents facing different risk perspectives can select their optimal Value at Risk Bayesian point estimate and documents that the differences between individuals can be substantial in terms of regulatory capital.
Financial Privacy : An International Comparison of Credit Reporting Systems
This book provides the first in-depth analysis of the economics and regulation of financial privacy. It is an international comparison of credit reporting systems in the United States and in European countries. On the theoretical level the book explains competition in information markets, especially in markets for goods made of highly personal and sensitive information. It reviews the microeconomics of information and privacy and discusses the economic incentives to disclose or to conceal information. The book also focuses on the institutions of credit reporting, the history of credit reporting agencies and the regulation of privacy and credit reporting on both sides of the Atlantic as well as internationally. Finally, on the empirical level, it reviews the microeconomic and potential macroeconomic effects of credit reporting in the credit markets of countries around the world.
Financial market imperfections and corporate decisions : Lessons from the transition process in Hungary
The book presents the results of an empirical investigation of the behaviour of Hungarian firms during the transition process focusing in particular on the role of financial market imperfections for corporate capital structure and investment decisions. The results suggest that financial market reforms have succeeded, albeit partially, in hardening firms's budget constraints and improving the efficiency of the credit allocation process. In particular, following the introduction of the banking sector reform and of the new bankruptcy law, budget constraints became more binding for small private firms, while informational costs became less relevant for foreign-owned firms.
Financial management for technology start-ups : How to power growth, track performance and drive innovation
Develops the financial intelligence you need to communicate effectively with investors, implement business strategies and pinpoint emerging pathways for profit / Outlines how to analyze your performance and undertake risk-return assessments to tactically grow your start-up / Offers proven methods for tracking your start-up's progress to ensure that growth is maintained and continuous / Analysis of financial statements directly from start-ups, new case studies on companies that have scaled up, focus on new digital technologies and market opportunities for start-ups, information on new players and potential future tech start-ups
