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Temporary water transfers, as achievable under option contracts, capture gains from trade that would go unrealized if only permanent transfers of water rights were possible. This paper develops a bilateral option contracting model for water which includes ...
We analyze the implications of dynamic flows on a mutual fund's portfolio decisions. In our model, myopic investors dynamically allocate capital between a riskless asset and an actively managed fund which charges fraction-of-fund fees. The presence of dyna ...
Most surrogate approaches to multi-objective optimization build a surrogate model for each objective. These surrogates can be used inside a classical Evolutionary Multiobjective Optimization Algorithm (EMOA) in lieu of the actual objectives, without modify ...
we present a detailed study of the spinel CdEr2Se4 and show it to be a new instance of spin ice, the first one in an erbium material and the first one in a spinel. Definitive experimental evidence comes from the temperature dependence of the magnetic entro ...
Coronal Mass ejections (CMEs) are enormous eruptions of magnetized plasma expelled from the Sun into the interplanetary space, over the course of hours to days. They can create major disturbances in the interplanetary medium and trigger severe magnetic sto ...
There are indications that gravity is asymptotically safe. The Standard Model (SM) plus gravity could be valid up to arbitrarily high energies. Supposing that this is indeed the case and assuming that there are no intermediate energy scales between the Fer ...
It is known that thermal perception influences occupants’ adaptive actions in buildings which in turn influence their thermal satisfaction. During recent years there has thus been a growing interest in the development of models which predict occupants ther ...
We present an approach based on Hidden Markov Model (HMM) and Gaussian Mixture Regression (GMR) to learn robust models of human motion through imitation. The proposed approach allows us to extract redundancies across multiple demonstrations and build time- ...
The paper investigates the efficiency of a recently developed signal control methodology, which offers a computationally feasible technique for real-time network-wide signal control in large-scale urban traffic networks and is applicable also under congest ...
This paper reports the design of a Minimally Invasive Surgery (MIS) gripper with four degrees of freedom force sensing capabilities. It will be used to provide force feedback during surgical interventions in which the surgeon will remotely manipulate surgi ...
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