Optimal Hedging of Basket Barrier Options with Additive Models and Its Application to Equity Value Separation Problem

Environmental conditions can have spatially complex effects on the dynamics of marine fish stocks that change across life-history stages. Yet the potential for non-stationary environmental effects across multiple dimensions, e.g. space and ontogeny, are rarely considered. In this study, we examined the evidence for spatial and ontogenetic non-stationary temperature effects on Pacific hake Merluccius productus biomass along the west coast of North America. Specifically, we used Bayesian additive models to estimate the effects of temperature on Pacific hake biomass distribution and whether the effects change across space or life-history stage. We found latitudinal differences in the effects of temperature on mature Pacific hake distribution (i.e. age 3 and older); warmer than average subsurface temperatures were associated with higher biomass north of Vancouver Island, but lower biomass offshore of Washington and southern Vancouver Island. In contrast, immature Pacific hake distribution (i.e. age 2) was better explained by a nonlinear temperature effect; cooler than average temperatures were associated with higher biomass coastwide. Together, our results suggest that Pacific hake distribution is driven by interactions between age composition and environmental conditions and highlight the importance of accounting for varying environmental effects across multiple dimensions.

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Association of the CD14 C159T and the Toll-like receptor 4 Asp299Gly polymorphisms with various phenotypes of asthma in adults from Crimea

Allergy and Asthma Proceedings ◽

10.2500/aap.2019.40.190007 ◽

2020 ◽

Vol 41 (2) ◽

pp. 134-140

Author(s):

Yuriy Bisyuk ◽

Andrew Dubovyi ◽

Ilona DuBuske ◽

Viktor Litus ◽

Lawrence M. DuBuske

Keyword(s):

Late Onset ◽

Adult Population ◽

Additive Models ◽

Atopic Asthma ◽

Control Group ◽

Nucleotide Polymorphisms ◽

Toll Like Receptor ◽

Toll Like Receptor 4 ◽

Single Nucleotide ◽

Gender And Age

Background: This study assessed gene polymorphisms of the CD14 receptor (C-159T) and Toll-like receptor 4 (Asp299Gly) in a patient population in Crimea, Ukraine, stratified by clinical (early versus late onset; frequent versus occasional relapses; fixed versus reversible obstruction) and immunologic (atopic versus nonatopic; eosinophilic; neutrophilic or paucigranulocytic inflammation) subtype. Methods: Two polymorphisms, CD14 C-159T and TLR4 Asp299Gly, were assessed in 331 patients with asthma. The control group included 285 volunteers who were nonatopic. The single nucleotide polymorphisms were studied by using polymerase chain reaction with electrophoretic detection. Results: There were increased odds of asthma development in patients with the Asp299Gly TLR4 mutation compared with the general population underdominant odds ratio (OR) 1.52 [95% confidence interval (CI), 1.00‐2.32] and overdominant (OR 1.55 [95% CI, 1.01‐2.38]) models after adjustment for gender and age. In addition, mutations in this gene decreased the odds of nonatopic asthma in underdominant (OR 0.26 [95% CI, 0.07‐0.93]; p = 0.027), overdominant (OR 0.27 [95% CI, 0.07‐0.96]; p = 0.033), and log-additive models (OR 0.26 [95% CI, 0.07‐0.93]; p = 0.026) compared with the atopic subgroup after adjustment for gender, age, number of exacerbations, and type of airway inflammation. Allele frequencies for CD14 and TLR4 polymorphisms did not show statistical differences between the patients with asthma and the control subjects. Conclusion: CD14 C-159T polymorphisms were not associated with asthma in the adult population in Crimea. TLR4 Asp299Gly polymorphisms were associated with asthma and with decreased odds of nonatopic asthma compared with atopic asthma in the adult population in Crimea.

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