With Profits Maturity Payouts, Asset Shares and Smoothing

1992 ◽  
Vol 44 ◽  
pp. 497-575 ◽  
Author(s):  
A. M. Eastwood ◽  
M. C. Ledlie ◽  
A. S. Macdonald ◽  
D. M. Pike

1.1.1 The Bonus and Valuation Research Group of the Faculty of Actuaries began the work which eventually led to this paper towards the end of 1991. About this time there was considerable speculation that levels of maturity payouts on with profits policies might be significantly in excess of the level that could be justified by the actual investment earnings underlying the policies. The initial aims of the research group were to:(a) examine this claim;(b) consider to what extent overpayment, if any, could be explained by the smoothing methods that might have been used by offices; and(c) examine the practical consequences of continuing to adopt those smoothing methods.

2000 ◽  
Vol 14 (1) ◽  
pp. 1-10 ◽  
Author(s):  
Joni Kettunen ◽  
Niklas Ravaja ◽  
Liisa Keltikangas-Järvinen

Abstract We examined the use of smoothing to enhance the detection of response coupling from the activity of different response systems. Three different types of moving average smoothers were applied to both simulated interbeat interval (IBI) and electrodermal activity (EDA) time series and to empirical IBI, EDA, and facial electromyography time series. The results indicated that progressive smoothing increased the efficiency of the detection of response coupling but did not increase the probability of Type I error. The power of the smoothing methods depended on the response characteristics. The benefits and use of the smoothing methods to extract information from psychophysiological time series are discussed.


2020 ◽  
Vol 33 ◽  
pp. 23
Author(s):  
Danilo Malara ◽  
Pietro Battaglia ◽  
Pierpaolo Consoli ◽  
Erika Arcadi ◽  
Simonepietro Canese ◽  
...  

The Strait of Messina is located at the centre of the Mediterranean Sea and is considered a biodiversity hotspot and an obligatory seasonal passage for different pelagic species such as sharks, marine mammals, and billfishes. For the first time, in the Strait of Messina, our research group tagged a Mediterranean spearfish (Tetrapturus belone) using a pop-up satellite archival tag (PSAT). The observation of abiotic parameters (depth, light, and temperature) recorded by the PSAT confirmed that the tagged specimen was predated after about nine hours. The tag was then regurgitated 14 days after the tag deployment date. The analysis of collected data seems to indicate that the predator may be an ectothermic shark, most likely the bluntnose sixgill shark (Hexanchus griseus).


Author(s):  
Melanie SARANTOU ◽  
Satu MIETTINEN

This paper addresses the fields of social and service design in development contexts, practice-based and constructive design research. A framework for social design for services will be explored through the survey of existing literature, specifically by drawing on eight doctoral theses that were produced by the World Design research group. The work of World Design researcher-designers was guided by a strong ethos of social and service design for development in marginalised communities. The paper also draws on a case study in Namibia and South Africa titled ‘My Dream World’. This case study presents a good example of how the social design for services framework functions in practice during experimentation and research in the field. The social design for services framework transfers the World Design group’s research results into practical action, providing a tool for the facilitation of design and research processes for sustainable development in marginal contexts.


2008 ◽  
Vol 128 (8) ◽  
pp. 1358-1366 ◽  
Author(s):  
Masao Yamamoto ◽  
Hisao Mase ◽  
Hiroshi Yajima ◽  
Hiroshi Kinukawa

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