Production indices obtained by a myopic policy for non-markovian dynamics
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The large variability of the drop size distribution (DSD) in space and time must be taken into account to improve remote sensing of precipitation. The ability to simulate a large number of 2D fields of DSD sharing the same statistical properties provides a ...
A method for the stochastic simulation of (rain)drop size distributions (DSDs) in space and time using geostatistics is presented. At each pixel, the raindrop size distribution is described by a Gamma distribution with two or three stochastic parameters. T ...
This article examines the risk-return trade-off of a mixed-asset portfolio that includes real estate using copula functions. In particular, it analyses the role of direct as opposed to securitised real estate in terms of diversification when the dependence ...
Starting from the quantum statistical master equation derived in [1] we show how the connection to the semi-classical Boltzmann equation (SCBE) can be established and how irreversibility is related to the problem of separability of quantum mechanics. Our p ...
This paper aims at a first theoretical step toward the probabilistic modeling of nutrient contents in catchment-scale soil states. To this end, we wish to characterize probabilistically the slow, leaching-prone component of the hydrologic response, which c ...
In this study, we evaluate eight autoconversion parameterizations against integration of the Kinetic Collection Equation (KCE) for cloud size distributions measured during the NASA CRYSTAL-FACE and CSTRIPE campaigns. KCE calculations are done using both th ...
We employ a finite element framework, coupled to cohesive elements, to model material decohesion of a uniformly expanding ring. Our study focuses on the average fragment mass, the distribution of fragment masses, and the heaviest fragments. The computed fr ...
In the first place the behavior of (online) traders on markets is analyzed and modeled, and it is shown that the average investor behaves as a mean-variance optimizer in finance. Within this description, transaction costs play a key role in explaining obse ...
The classical Markowitz approach to portfolio selection is compromised by two major shortcomings. First, there is considerable model risk with respect to the distribution of asset returns. Particularly, mean returns are notoriously difficult to estimate. M ...
In this paper we address an observational validation of recent theoretical results on the structure of the probability density function (pdf) of daily streamflows through the analysis of data pertaining to several catchments covering various sizes, climati ...