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The "more economic approach" was introduced to antitrust to achieve a more effect-based and theoretically grounded enforcement. However, related to predatory pricing it resulted in systematic over- and under-enforcement: Economic theory does not require do ...
The return period of combinations of events that are relevant to dam risk analysis is very high. It falls in a range of hundreds to millions of years, but remains hard to quantify with precision. Deterministic approaches to dam safety assessment typically ...
The upsurge in the number of web users over the last two decades has resulted in a significant growth of online information. Recommenders are machine learning approach and are becoming one of the main ways to navigate the Internet. They recommend appropria ...
In 2012, a project proposed by local authorities aimed to revitalize, after a century of interruption, the use of Beijing’s Bell and Drum Towers and the social traditions associated with it. As a result, more than one hundred households living in 66 tradit ...
We define the minimal interleaved regulator, which generalizes the Urgency Based Shaper that was recently proposed by Specht and Samii as a simpler alternative to per-flow reshaping in deterministic networks with aggregate scheduling. With this regulator, ...
We present a self-organised method for quickly obtaining the epidemic threshold of infective processes on networks. Starting from simple percolation models, we introduce the possibility that the effective infection probability is affected by the perception ...
This research has investigated the urban policies about mass housing at the beginning of 20th century. This was a unifying and crucial issue of several modern experiences to which many European cities developed adequate answers showing a wide range of dist ...
Chemical process optimization problems often have multiple and conflicting objectives, such as capital cost, operating cost, production cost, profit, energy consumptions and environmental impacts. In such cases, Multi-Objective Optimization (MOO) is suitab ...
Areal reduction factors (ARFs) transform an estimate of extreme rainfall at a point to an estimate of extreme rainfall over a spatial domain, and are commonly used in flood risk estimation. For applications such as the design of large infrastructure, dam s ...
We present a nonparametric method to estimate the discount curve from market quotes based on the Moore-Penrose pseudoinverse. The discount curve reproduces the market quotes perfectly, has maximal smoothness, and is given in closed-form. The method is easy ...