Eschewing a more theoretical approach, Portfolio Optimization shows how the mathematical tools of linear algebra and optimization can quickly and clearly formulate important ideas on the subject. This practical book extends the concepts of the Markowitz "budget constraint only" model to a linearly constrained model. Only requiring elementary linear algebra, the text begins with the necessary and sufficient conditions for optimal quadratic minimization that is subject to linear equality constraints. It then develops the key properties of the efficient frontier, extends the results to problems with a risk-free asset, and presents Sharpe ratios and implied risk-free rates. After focusing on quadratic programming, the author discusses a constrained portfolio optimization problem and uses an algorithm to determine the entire (constrained) efficient frontier, its corner portfolios, the piecewise linear expected returns, and the piecewise quadratic variances. The final chapter illustrates infinitely many implied risk returns for certain market portfolios. Drawing on the author’s experiences in the academic world and as a consultant to many financial institutions, this text provides a hands-on foundation in portfolio optimization. Although the author clearly describes how to implement each technique by hand, he includes several MATLAB® programs designed to implement the methods and offers these programs on the accompanying CD-ROM.
Quadratic programming is a mathematical technique that allows for the optimization of a quadratic function in several variables. QP is a subset of Operations Research and is the next higher lever of sophistication than Linear Programming. It is a key mathematical tool in Portfolio Optimization and structural plasticity. This is useful in Civil Engineering as well as Statistics.
Quadratic programming is a mathematical technique that allows for the optimization of a quadratic function in several variables. QP is a subset of Operations Research and is the next higher lever of sophistication than Linear Programming. It is a key mathematical tool in Portfolio Optimization and structural plasticity. This is useful in Civil Engineering as well as Statistics.
Eschewing a more theoretical approach, Portfolio Optimization shows how the mathematical tools of linear algebra and optimization can quickly and clearly formulate important ideas on the subject. This practical book extends the concepts of the Markowitz "budget constraint only" model to a linearly constrained model. Only requiring elementary linear algebra, the text begins with the necessary and sufficient conditions for optimal quadratic minimization that is subject to linear equality constraints. It then develops the key properties of the efficient frontier, extends the results to problems with a risk-free asset, and presents Sharpe ratios and implied risk-free rates. After focusing on quadratic programming, the author discusses a constrained portfolio optimization problem and uses an algorithm to determine the entire (constrained) efficient frontier, its corner portfolios, the piecewise linear expected returns, and the piecewise quadratic variances. The final chapter illustrates infinitely many implied risk returns for certain market portfolios. Drawing on the author’s experiences in the academic world and as a consultant to many financial institutions, this text provides a hands-on foundation in portfolio optimization. Although the author clearly describes how to implement each technique by hand, he includes several MATLAB® programs designed to implement the methods and offers these programs on the accompanying CD-ROM.
Presents a unified treatment of HRI-related issues, identifies key themes, and discusses challenge problems that are likely to shape the field in the near future. The survey includes research results from a cross section of the universities, government efforts, industry labs, and countries that contribute to HRI.
Biology is in the midst of a era yielding many significant discoveries and promising many more. Unique to this era is the exponential growth in the size of information-packed databases. Inspired by a pressing need to analyze that data, Introduction to Computational Biology explores a new area of expertise that emerged from this fertile field- the combination of biological and information sciences. This introduction describes the mathematical structure of biological data, especially from sequences and chromosomes. After a brief survey of molecular biology, it studies restriction maps of DNA, rough landmark maps of the underlying sequences, and clones and clone maps. It examines problems associated with reading DNA sequences and comparing sequences to finding common patterns. The author then considers that statistics of pattern counts in sequences, RNA secondary structure, and the inference of evolutionary history of related sequences. Introduction to Computational Biology exposes the reader to the fascinating structure of biological data and explains how to treat related combinatorial and statistical problems. Written to describe mathematical formulation and development, this book helps set the stage for even more, truly interdisciplinary work in biology.
The first guide to providing systematic anticoagulation care in inpatient settings, this new resource will be welcomed by all pharmacists who practice in or are developing, implementing and maintaining an inpatient anticoagulation service; a review of anticoagulant medications and case examples of issues commonly encountered. Each chapter contains tools, references, policies, competency exams, etc that are included on a companion CD-ROM.
What is it like to go blind? 350 million people around the world live with severe vision impairment, ranging from those who can see a couple of letters on a sight chart to those who perceive no light at all. In this book we meet some of them, including artists, poets, scientists, architects, politicians, broadcasters and musicians. Together, we discuss every stage of life with vision impairment – from childhood and education to dating, employment and ageing – as well as the portrayal of blind people in literature and film, the use of technology by people with vision impairment, and the psychological effects of losing vision. Vision Impairment also reviews the major causes of sight loss today and shows the effect of these diseases on visual function. It surveys new and emerging treatments for serious eye diseases and explores what it is like to have vision restored after decades of being blind. Based on Michael Crossland’s extensive work in children’s and adults’ low vision clinics, and his 20 years of research into vision impairment, the book blends individual stories, key research findings and the most recent scientific discoveries to present an informative yet optimistic overview of living with sight loss. Praise for Vision Impairment ‘The key strength of this book is how scientific concepts around ophthalmology, vision science and sight loss are brought to life by letting patients explain what these concepts mean to them. This is not a book that has been written “about” patients; it has been written “with” them. In this sense, it is very much original, and I enjoyed reading it tremendously.’ Keziah Latham, Anglia Ruskin University
After immigrants flooded into central Oklahoma during the land rush of 1889 and the future capital of Oklahoma City sprang up “within a fortnight,” the city’s residents adopted the slogan “born grown” to describe their new home. But the territory’s creation was never so simple or straightforward. The real story, steeped in the politics of the Gilded Age, unfolds in 1889, Michael J. Hightower’s revealing look at a moment in history that, in all its turmoil and complexity, transcends the myth. Hightower frames his story within the larger history of Old Oklahoma, beginning in Indian Territory, where displaced tribes and freedmen, wealthy cattlemen, and prospective homesteaders became embroiled in disputes over public land and federal government policies. Against this fraught background, 1889 travels back and forth between Washington, D.C., and the Oklahoma frontier to describe the politics of settlement, public land use, and the first stirrings of urban development. Drawing on eyewitness accounts, Hightower captures the drama of the Boomer incursions and the Run of ’89, as well as the nascent urbanization of the townsite that would become Oklahoma City. All of these events played out in a political vacuum until Congress officially created Oklahoma Territory in the Organic Act of May 1890. The story of central Oklahoma is profoundly American, showing the region to have been a crucible for melding competing national interests and visions of the future. Boomers, businessmen, cattlemen, soldiers, politicians, pundits, and African and Native Americans squared off—sometimes peacefully, often not—in disagreements over public lands that would resonate in western history long after 1889.
An expert review of recent progress in the study of turbulent flows with a focus on recently identified organized structures. This book reviews the recent progress in the study of the turbulent flows that sculpt the Earth’s surface, focusing in particular on the organized structures that have been identified in recent years within turbulent flows. These coherent flow structures can include eddies or vortices at the scale of individual grains, through structures that scale with the flow depth in rivers or estuaries, to the large-scale structure of flows at the morphological or landform scale. These flow structures are of wide interest to the scientific community because they play an important role in fluid dynamics and influence the transport, erosion and deposition of sediment and pollutants in a wide variety of fluid flow environments. Scientific knowledge of these structures has improved greatly over the past 20 years as computational fluid dynamics has come to play an increasing important part in building our understanding of coherent flow structures across a broad range of scales. Chapters comprise a series of major, invited papers and a selection of the most novel, innovative papers presented at the second Coherent Flow Structures Conference held August 3-5, 2011 at Simon Fraser University in Burnaby, British Columbia. Chapters focus on six major themes: Dynamics of coherent flow structures (CFS) in geophysical flows Interaction of turbulent flows, vegetation and ecological habitats Coherent structure of atmospheric flows Numerical modeling of coherent flow structures Turbulence in open channel flows Coherent flow structures, sediment transport and morphological feedbacks.
In subvolume 27C1 magnetic and related properties of binary lanthanide oxides have been compiled. This subvolume covers data obtained since 1980 and can therefore be regarded as supplement to volume III/12c. While in the previous volume the majority of magnetic data was obtained either from magnetometric measurements or from neutron diffraction, for the present data the main emphasis is devoted to 'related' properties without which, however, the understanding of classical magnetic properties is impossible. A second part 27C2 will deal with binary oxides of the actinide elements.
Need the go-to reference on adult bone and joint injuries? Get the definitive guide on fracture treatment, written by the world’s top orthopaedic surgeons: Rockwood and Green’s Fractures in Adults. This fully updated and expanded 8th edition offers up-to-the-minute research and recommendations from more than 80 leading orthopaedic experts from around the world. An essential resource on fractures for every orthopaedic surgeon or resident.. Features: NEW chapters on: Management of the Geriatric or Elderly Patient; Management of Bone Defects;; Psychological Aspect of Trauma NEW authors from countries including India, China, Columbia, Greece, and Denmark NEW 10 new full length videos added to the video library. All videos feature easy navigation so you can go directly to specific steps in the procedure, or watch the entire procedure from start to finish Pearls and Pitfalls and preventive measures listed for all procedures NEW Time-saving outline template for easy quick-reference “Before the Case” checklists of all necessary equipment for each surgical procedure Preferred Technique section provides algorithms explaining each author’s choice of preferred procedure Full-color operative photos, tables, x-rays, diagrams, and more than 500 line drawings of surgical procedures
Our current climate is strongly influenced by atmospheric composition, and changes in this composition are leading to climate change. Physics of Radiation and Climate takes a look at how the outward flow of longwave or terrestrial radiation is affected by the complexities of the atmosphere's molecular spectroscopy. This book examines the planet in
C# programmers: no more translating data structures from C++ or Java to use in your programs! Mike McMillan provides a tutorial on how to use data structures and algorithms plus the first comprehensive reference for C# implementation of data structures and algorithms found in the .NET Framework library, as well as those developed by the programmer. The approach is very practical, using timing tests rather than Big O notation to analyze the efficiency of an approach. Coverage includes arrays and array lists, linked lists, hash tables, dictionaries, trees, graphs, and sorting and searching algorithms, as well as more advanced algorithms such as probabilistic algorithms and dynamic programming. This is the perfect resource for C# professionals and students alike.
Athletic and Orthopedic Injury Assessment: Case Responses and Interpretations is a companion book that provides responses and interpretations to the case studies in Athletic and Orthopedic Injury Assessment: A Case Study Approach. Research, evidence-based practices, and professional experience form the basis of these responses and interpretations. The suggested answers for case questions include information such as identification of differential and clinical diagnoses, explanations of diagnostic tests, relevant anatomical information, and more. We hope you find this book helpful in responding to the case questions, whether you are an instructor leading class discussions and analyzing student work, a preprofessional preparing to interpret the case scenarios on the BOC national certification examination, or a student seeking to compare the suggested answers with your own analyses.
This book shows how careful attention to moral reasoning can enrich economic understanding and clarify the importance and the limits of an economic analysis of policy problems.
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