Modern asset pricing models play a central role in finance and economic theory and applications. This book introduces a structural theory to evaluate these asset pricing models and throws light on the existence of Equity Premium Puzzle. Based on the structural theory, some algebraic (valuation-preserving) operations are developed in asset spaces and pricing kernel spaces. This has a very important implication leading to practical guidance in portfolio management and asset allocation in the global financial industry. The book also covers topics, such as the role of over-confidence in asset pricing modeling, relationship of the portfolio insurance with option and consumption-based asset pricing models, etc.
The seventh edition of this classic text outlines the fundamental physical principles of thermal radiation, as well as analytical and numerical techniques for quantifying radiative transfer between surfaces and within participating media. The textbook includes newly expanded sections on surface properties, electromagnetic theory, scattering and absorption of particles, and near-field radiative transfer, and emphasizes the broader connections to thermodynamic principles. Sections on inverse analysis and Monte Carlo methods have been enhanced and updated to reflect current research developments, along with new material on manufacturing, renewable energy, climate change, building energy efficiency, and biomedical applications. Features: Offers full treatment of radiative transfer and radiation exchange in enclosures. Covers properties of surfaces and gaseous media, and radiative transfer equation development and solutions. Includes expanded coverage of inverse methods, electromagnetic theory, Monte Carlo methods, and scattering and absorption by particles. Features expanded coverage of near-field radiative transfer theory and applications. Discusses electromagnetic wave theory and how it is applied to thermal radiation transfer. This textbook is ideal for Professors and students involved in first-year or advanced graduate courses/modules in Radiative Heat Transfer in engineering programs. In addition, professional engineers, scientists and researchers working in heat transfer, energy engineering, aerospace and nuclear technology will find this an invaluable professional resource. Over 350 surface configuration factors are available online, many with online calculation capability. Online appendices provide information on related areas such as combustion, radiation in porous media, numerical methods, and biographies of important figures in the history of the field. A Solutions Manual is available for instructors adopting the text.
Providing a comprehensive overview of the radiative behavior and properties of materials, the fifth edition of this classic textbook describes the physics of radiative heat transfer, development of relevant analysis methods, and associated mathematical and numerical techniques. Retaining the salient features and fundamental coverage that have made it popular, Thermal Radiation Heat Transfer, Fifth Edition has been carefully streamlined to omit superfluous material, yet enhanced to update information with extensive references. Includes four new chapters on Inverse Methods, Electromagnetic Theory, Scattering and Absorption by Particles, and Near-Field Radiative Transfer Keeping pace with significant developments, this book begins by addressing the radiative properties of blackbody and opaque materials, and how they are predicted using electromagnetic theory and obtained through measurements. It discusses radiative exchange in enclosures without any radiating medium between the surfaces—and where heat conduction is included within the boundaries. The book also covers the radiative properties of gases and addresses energy exchange when gases and other materials interact with radiative energy, as occurs in furnaces. To make this challenging subject matter easily understandable for students, the authors have revised and reorganized this textbook to produce a streamlined, practical learning tool that: Applies the common nomenclature adopted by the major heat transfer journals Consolidates past material, reincorporating much of the previous text into appendices Provides an updated, expanded, and alphabetized collection of references, assembling them in one appendix Offers a helpful list of symbols With worked-out examples, chapter-end homework problems, and other useful learning features, such as concluding remarks and historical notes, this new edition continues its tradition of serving both as a comprehensive textbook for those studying and applying radiative transfer, and as a repository of vital literary references for the serious researcher.
This book discusses dynamical systems that are typically driven by stochastic dynamic noise. It is written by two statisticians essentially for the statistically inclined readers. It covers many of the contributions made by the statisticians in the past twenty years or so towards our understanding of estimation, the Lyapunov-like index, the nonparametric regression, and many others, many of which are motivated by their dynamical system counterparts but have now acquired a distinct statistical flavor.
Providing a comprehensive guide for understanding, interpreting and synthesizing qualitative studies, An Introduction to Qualitative Research Synthesis shows how data can be collated together effectively to summarise existing bodies of knowledge and to create a more complete picture of findings across different studies The authors describe qualitative research synthesis and argue for its use, describing the process of data analysis, synthesis and interpretation and provide specific details and examples of how the approach works in practice. This accessible book: fully explains the qualitative research synthesis approach; provides advice and examples of findings; describes the process of establishing credibility in the research process; provides annotated examples of the work in process; references published examples of the approach across a wide variety of fields. Helping researchers to understand, make meaning and synthesize a wide variety of datasets, this book is broad in scope yet practical in approach. It will be beneficial to those working in social science disciplines, including researchers, teachers, students and policy makers, especially those interested in methods of synthesis such as meta-ethnography, qualitative meta-analysis, qualitative meta-synthesis, interpretive synthesis, narrative synthesis, and qualitative systematic review.
For a state that has gained a global reputation as a violator of international norms, not least through its unwavering pursuit of nuclear weapons, North Korea's determination to become a nuclear-armed state is puzzling. If nuclear weapons beget security, insecurity, and other costs for the state, how might we understand this pursuit, and the delinquent behaviour that has arisen from it? In North Korea and the Global Nuclear Order, Edward Howell offers an answer to this question, focusing on North Korea's quest for status in the international system and developing the theoretical framework of 'strategic delinquency'. Featuring previously unpublished and new interviews with international negotiators with North Korea, and drawing upon new academic literature, Howell proffers an original theoretical framework to apply to the North Korean case. Covering a time period from the 1990s to the present-day, and using unprecedentedly rich empirical evidence, he makes the overarching argument that North Korea has strategically deployed behaviour that breaks international norms in order to reap benefits. In so doing, this book posits how over time, North Korea has learnt that despite the low status and opprobrium that might ensue, bad behaviour can pay.
The revised and updated edition of the definitive guide to the reptiles of this region written by a team of internationally acclaimed herpetologists. East Africa is home to a remarkable assemblage of reptiles, from crocodiles and chameleons to turtles and tortoises, lizards, worm-lizards, and a stunning array of snakes. The region is a true herpetological hot-spot. This fully revised edition of the classic field guide to the region's reptiles explores the full diversity of these animals. With updated text, detailed maps and more than 600 new photographs, this book includes every one of the 500 or so species in the region. All are described and mapped, with virtually every species accompanied by at least one colour photograph. Comprehensive and definitive, Field Guide to East African Reptiles is an essential tool for all naturalists, conservationists, educators, field workers, medical personnel and students in the region.
This book addresses the application of Raman spectroscopic techniques to a range of diverse problems which arise in the study, conservation and restoration of artefacts and sites closely related to our cultural heritage as well as in authentication. These themes are naturally wider than what at first might be considered as artworks and archaeological artefacts and the topics include pigments, paintings, ceramics, glass, sculpture and patination / corrosion, textiles, industrial archaeology, the degradation and preservation of biomaterials, mummies and human skeletal remains. An interesting feature is the inclusion of modern case studies which describe specific problems and approaches to the Raman spectral analysis of items important to our cultural heritage. The text is prefaced with an introduction to the important parameters used in nondestructive Raman measurements and also highlights some future applications based upon novel miniaturised instrumentation for in-field studies and potential screening work which will identify specimens which would repay further studies in the laboratory. An attempt is made to give a snapshot of the state-of-the-art evolution since the beginning of the technique (1970s) and to point out potential further development. The book is co-edited by three international experts with many years' experience in the application of Raman spectroscopy to artworks, archaeological artefacts and in the investigation of materials and sites for cultural heritage preservation and each editor has undertaken to write individual chapters and different topics personally. The adopted approach is designed to convey the sort of information which has become available from the adoption of analytical Raman spectroscopy to different problems in the field of cultural heritage preservation through the spectral interrogation of artefacts and how the interpretation of the spectral data can assist museum curators, archaeologists and cultural heritage historians in the preservation and conservation of ancient materials and sites : a particular advantage in this respect is the ability of Raman spectroscopy to determine –generally in a strictly noninvasive procedure - at the laboratory or on-site with mobile instruments, the presence of both organic and inorganic components in a particular specimen together nondestructively without any chemical and mechanical pretreatment being undertaken, which is an essential requirement for rare and valuable samples . An important aside from this work is the means of spectral identification of ongoing biodeterioration and biological colonisation in specimens in storage and the effects of environmental deterioration such as humidity and temperature upon their integrity.
Thank you for visiting our website. Would you like to provide feedback on how we could improve your experience?
This site does not use any third party cookies with one exception — it uses cookies from Google to deliver its services and to analyze traffic.Learn More.