MINCER EQUATION AS A BENCHMARK MODEL FOR ESTIMATING RETURNS ON INVESTMENT IN EDUCATION

Author(s):  
Hatidza Jahic ◽  
Amila Pilav-Velic ◽  
Jasmina Selimovic
Inventions ◽  
2021 ◽  
Vol 6 (2) ◽  
pp. 25
Author(s):  
Anupam Bhar ◽  
Benjamin Feddersen ◽  
Robert Malone ◽  
Ratnesh Kumar

To be able to compare many agricultural models, a general framework for model comparison when field data may limit direct comparison of models is proposed, developed, and also demonstrated. The framework first calibrates the benchmark model against the field data, and next it calibrates the test model against the data generated by the calibrated benchmark model. The framework is validated for the modeling of the soil nutrient nitrogen (N), a critical component in the overall agriculture system modeling effort. The nitrogen dynamics and related carbon (C) dynamics, as captured in advanced agricultural modeling such as RZWQM, are highly complex, involving numerous states (pools) and parameters. Calibrating many parameters requires more time and data to avoid underfitting. The execution time of a complex model is higher as well. A study of tradeoff among modeling complexities vs. speed-up, and the corresponding impact on modeling accuracy, is desirable. This paper surveys soil nitrogen models and lists those by their complexity in terms of the number of parameters, and C-N pools. This paper also examines a lean soil N and C dynamics model and compares it with an advanced model, RZWQM. Since nitrate and ammonia are not directly measured in this study, we first calibrate RZWQM using the available data from an experimental field in Greeley, CO, and next use the daily nitrate and ammonia data generated from RZWQM as ground truth, against which the lean model’s N dynamics parameters are calibrated. In both cases, the crop growth was removed to zero out the plant uptake, to compare only the soil N-dynamics. The comparison results showed good accuracy with a coefficient of determination (R2) match of 0.99 and 0.62 for nitrate and ammonia, respectively, while affording significant speed-up in simulation time. The lean model is also hosted in MyGeoHub cyberinfrastructure for universal online access.


2021 ◽  
pp. 705-720
Author(s):  
Robert G. Cantelmo ◽  
Sarah E. Kreps

How do we understand the consequences of technical innovation for grand strategy? We argue that technology has an indirect, but significant impact on how states formulate and implement strategic priorities. This process of updating is dynamic and iterative as grand-strategic change is incremental rather than a wholesale abandonment of the status quo. New capabilities may produce shifts to state cost, benefit, and risk considerations and produce a corresponding adjustment to grand strategy. Technological innovation may also serve as an intermediate end unto itself. State confidence in positive returns on investment in research and development will produce a corresponding emphasis on innovation as a matter of national policy. We evaluate these claims by applying them to three new and emerging technical innovations: precision-guided munitions, robotic autonomy, and computing.


Author(s):  
Yi Li ◽  
Chao Li ◽  
Qiu-Sheng Li ◽  
Yong-Gui Li ◽  
Fu-Bin Chen

This paper aims to systematically study the across-wind loads of rectangular-shaped tall buildings with aerodynamic modifications and propose refined mathematic models accordingly. This study takes the CAARC (Commonwealth Advisory Aeronautical Research Council) standard tall building as a benchmark model and conducts a series of pressure measurements on the benchmark model and four CAARC models with different round corner rates (5%, 10%, 15% and 20%) in a boundary layer wind tunnel to investigate the across-wind dynamic loads of the typical tall building with different corner modifications. Based on the experimental results of the five models, base moment coefficients, power spectral densities and vertical correlation coefficients of the across-wind loads are compared and discussed. The analyzed results shown that the across-wind aerodynamic performance of the tall buildings can be effectively improved as the rounded corner rate increases. Taking the corner round rate and terrain category as two basic variables, empirical formulas for estimating the across-wind dynamic loads of CAARC standard tall buildings with various rounded corners are proposed on the basis of the wind tunnel testing results. The accuracy and applicability of the proposed formulas are verified by comparisons between the empirical formulas and the experimental results.


Author(s):  
Yanxiang Yu ◽  
◽  
Chicheng Xu ◽  
Siddharth Misra ◽  
Weichang Li ◽  
...  

Compressional and shear sonic traveltime logs (DTC and DTS, respectively) are crucial for subsurface characterization and seismic-well tie. However, these two logs are often missing or incomplete in many oil and gas wells. Therefore, many petrophysical and geophysical workflows include sonic log synthetization or pseudo-log generation based on multivariate regression or rock physics relations. Started on March 1, 2020, and concluded on May 7, 2020, the SPWLA PDDA SIG hosted a contest aiming to predict the DTC and DTS logs from seven “easy-to-acquire” conventional logs using machine-learning methods (GitHub, 2020). In the contest, a total number of 20,525 data points with half-foot resolution from three wells was collected to train regression models using machine-learning techniques. Each data point had seven features, consisting of the conventional “easy-to-acquire” logs: caliper, neutron porosity, gamma ray (GR), deep resistivity, medium resistivity, photoelectric factor, and bulk density, respectively, as well as two sonic logs (DTC and DTS) as the target. The separate data set of 11,089 samples from a fourth well was then used as the blind test data set. The prediction performance of the model was evaluated using root mean square error (RMSE) as the metric, shown in the equation below: RMSE=sqrt(1/2*1/m* [∑_(i=1)^m▒〖(〖DTC〗_pred^i-〖DTC〗_true^i)〗^2 + 〖(〖DTS〗_pred^i-〖DTS〗_true^i)〗^2 ] In the benchmark model, (Yu et al., 2020), we used a Random Forest regressor and conducted minimal preprocessing to the training data set; an RMSE score of 17.93 was achieved on the test data set. The top five models from the contest, on average, beat the performance of our benchmark model by 27% in the RMSE score. In the paper, we will review these five solutions, including preprocess techniques and different machine-learning models, including neural network, long short-term memory (LSTM), and ensemble trees. We found that data cleaning and clustering were critical for improving the performance in all models.


Inventions ◽  
2018 ◽  
Vol 3 (4) ◽  
pp. 78 ◽  
Author(s):  
Aubrey Woern ◽  
Joshua Pearce

Although distributed additive manufacturing can provide high returns on investment, the current markup on commercial filament over base polymers limits deployment. These cost barriers can be surmounted by eliminating the entire process of fusing filament by three-dimensional (3-D) printing products directly from polymer granules. Fused granular fabrication (FGF) (or fused particle fabrication (FPF)) is being held back in part by the accessibility of low-cost pelletizers and choppers. An open-source 3-D printable invention disclosed here allows for precisely controlled pelletizing of both single thermopolymers as well as composites for 3-D printing. The system is designed, built, and tested for its ability to provide high-tolerance thermopolymer pellets with a number of sizes capable of being used in an FGF printer. In addition, the chopping pelletizer is tested for its ability to chop multi-materials simultaneously for color mixing and composite fabrication as well as precise fractional measuring back to filament. The US$185 open-source 3-D printable pelletizer chopper system was successfully fabricated and has a 0.5 kg/h throughput with one motor, and 1.0 kg/h throughput with two motors using only 0.24 kWh/kg during the chopping process. Pellets were successfully printed directly via FGF as well as indirectly after being converted into high-tolerance filament in a recyclebot.


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