Pricing of Volume-Weighted Average Options: Analytical Approximations and Numerical Results

2014 ◽  
pp. 461-474 ◽  
Author(s):  
Alexander A. Novikov ◽  
Timothy G. Ling ◽  
Nino Kordzakhia
Author(s):  
Larisa A. Pautova ◽  
Vladimir A. Silkin ◽  
Marina D. Kravchishina ◽  
Valeriy G. Yakubenko ◽  
Anna L. Chultsova

The structure of the summer planktonic communities of the Northern part of the Barents sea in the first half of August 2017 were studied. In the sea-ice melting area, the average phytoplankton biomass producing upper 50-meter layer of water reached values levels of eutrophic waters (up to 2.1 g/m3). Phytoplankton was presented by diatoms of the genera Thalassiosira and Eucampia. Maximum biomass recorded at depths of 22–52 m, the absolute maximum biomass community (5,0 g/m3) marked on the horizon of 45 m (station 5558), located at the outlet of the deep trench Franz Victoria near the West coast of the archipelago Franz Josef Land. In ice-free waters, phytoplankton abundance was low, and the weighted average biomass (8.0 mg/m3 – 123.1 mg/m3) corresponded to oligotrophic waters and lower mesotrophic waters. In the upper layers of the water population abundance was dominated by small flagellates and picoplankton from, biomass – Arctic dinoflagellates (Gymnodinium spp.) and cold Atlantic complexes (Gyrodinium lachryma, Alexandrium tamarense, Dinophysis norvegica). The proportion of Atlantic species in phytoplankton reached 75%. The representatives of warm-water Atlantic complex (Emiliania huxleyi, Rhizosolenia hebetata f. semispina, Ceratium horridum) were recorded up to 80º N, as indicators of the penetration of warm Atlantic waters into the Arctic basin. The presence of oceanic Atlantic species as warm-water and cold systems in the high Arctic indicates the strengthening of processes of “atlantificacion” in the region.


2020 ◽  
Vol 14 (4) ◽  
pp. 7369-7378
Author(s):  
Ky-Quang Pham ◽  
Xuan-Truong Le ◽  
Cong-Truong Dinh

Splitter blades located between stator blades in a single-stage axial compressor were proposed and investigated in this work to find their effects on aerodynamic performance and operating stability. Aerodynamic performance of the compressor was evaluated using three-dimensional Reynolds-averaged Navier-Stokes equations using the k-e turbulence model with a scalable wall function. The numerical results for the typical performance parameters without stator splitter blades were validated in comparison with experimental data. The numerical results of a parametric study using four geometric parameters (chord length, coverage angle, height and position) of the stator splitter blades showed that the operational stability of the single-stage axial compressor enhances remarkably using the stator splitter blades. The splitters were effective in suppressing flow separation in the stator domain of the compressor at near-stall condition which affects considerably the aerodynamic performance of the compressor.


2017 ◽  
Vol 4 (3) ◽  
pp. 60-71 ◽  
Author(s):  
Alfredo Fort

Though difficult to ascertain because faith based organizations (FBOs) might keep a low profile, be confused with other non-governmental organizations (NGOs), or survey respondents may not know the nature of facilities attended to, these organizations have a long presence in teaching health personnel and delivering health services in many rural and remote populations in the developing world. It is argued that their large networks, logistics agreements with governments, and mission-driven stance brings them closer to the communities they serve, and their services believed of higher quality than average. Kenya has a long history of established FBOs substantial recent health investment by the government. We aimed to find the quantitative and qualitative contributions of FBOs by analyzing two recent data sources: the live web-based nationwide Master Health Facility List, and the 2010 nationwide Service Provision Assessment (SPA) survey. Using this information, we found that FBOs contribute to 11% of all health facilities’ presence in the country, doubling to 23% of all available beds, indicating their relative strength in owning mid-level hospitals around the country. We also constructed an index of readiness as a weighted average from services offered, good management practices and availability of medicines and commodities for 17 items assessed during the SPA survey. We found that FBOs topped the list of managing authorities, with 70 percent of health facility readiness, followed closely by the government at 69 percent, NGOs at 61 percent and lastly a distant private for profit sector at 50 percent. These results seem to indicate that FBOs continue to contribute to an important proportion of health care coverage in Kenya, and that they do so with a relatively high quality of care among all actors. It would be of interest to replicate the analysis with similar databases for other countries in the developing world.


1996 ◽  
Vol 18 (4) ◽  
pp. 14-22
Author(s):  
Vu Khac Bay

Investigation of the elastic state of curve beam system had been considered in [3]. In this paper the elastic-plastic state of curve beam system in the form of cylindrical shell is analyzed by the elastic solution method. Numerical results of the problem and conclusion are given.


2017 ◽  
Vol 23 (14) ◽  
pp. 792-803
Author(s):  
S.S. Evdokimova ◽  
◽  
S.A. Bondarenko ◽  

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