Approaches of selecting options for upgrading of safety of near surface facilities

International Nuclear Information System (INIS)

Goldammer, W.

2003-01-01

General principle of optimization using cost-benefit analysis and multi-attribute utility analysis and considering the radiological and ecological risks are discussed. Alternative scenarios (unplanned events) are also considered. Comparison of options for interim storage facility is made in the example of Uranium mining. The conclusions from the example are: Quantitative optimisation necessary in order to arrive at conclusion (higher financial expenditures yield lower risks); Only inclusion of failure scenarios reveals that passive safety of wet option is not satisfactory; Probabilistic simulation allows for keeping track of uncertainties and assessing their consequences within the decision-making process; Optimisation analysis can be refined in the course of further reclamation planning to allow for questions on detailed design to be addressed. Pragmatic (non-quantitative) assessment cannot reveal how safe is safe enough. Different options for the waste storage in an interim storage facility are analysed. The methodology includes: Estimate of cost components; Discounting of long-term costs; Estimate of risks; Assessment of qualitative factors; Definition of weighting factors; Application of multi-attribute utility analysis; Deterministic sensitivity analysis for important parameters.The examples show the importance of the incorporation of qualitative factors, weighting of parameters and sensitivity analysis in the decision making

30 CFR 90.3 - Part 90 option; notice of eligibility; exercise of option.

Science.gov (United States)

2010-07-01

... 30 Mineral Resources 1 2010-07-01 2010-07-01 false Part 90 option; notice of eligibility; exercise of option. 90.3 Section 90.3 Mineral Resources MINE SAFETY AND HEALTH ADMINISTRATION, DEPARTMENT OF... DEVELOPMENT OF PNEUMOCONIOSIS General § 90.3 Part 90 option; notice of eligibility; exercise of option. (a...

Safety of pharmacotherapy options for bulimia nervosa and binge eating disorder.

Science.gov (United States)

Bello, Nicholas T; Yeomans, Bryn L

2018-01-01

Eating disorders represent a set of psychiatric illnesses with lifelong complications and high relapse rates. Individuals with eating disorders are often stigmatized and clinicians have a limited set of treatments options. Pharmacotherapy has the potential to improve long term compliance and patient commitment to treatment for eating disorders. Areas covered: This review will examine the efficacy and safety profile of the FDA-approved medications for the treatment of bulimia nervosa (BN) and binge eating disorder (BED). This will include the evaluation of fluoxetine for BN, and lisdexamfetamine for BED. Safety information will be review from randomized control trials (RCT), open label trials, and case reports. Expert opinion: Fluoxetine for BN and lisdexamfetamine for BED are relatively safe and well-tolerated. Despite these properties, these two medications represent a limited arsenal for the pharmacological treatment of eating disorders. Thus, more research-based strategies are needed to develop safe, effective, and more targeted therapies for eating disorders.

A quantitative approach for risk-informed safety significance categorization in option-2

International Nuclear Information System (INIS)

Ha, Jun Su; Seong, Poong Hyun

2004-01-01

OPTION-2 recommends that Structures, Systems, or Components (SSCs) of Nuclear Power Plants (NPPs) should be categorized into four groups according to their safety significance as well as whether they are safety-related or not. With changes to the scope of SSCs covered by 10 CFR 50, safety-related components which categorized into low safety significant SSC (RISC-3 SSC) can be exempted from the existing conservative burden (or requirements). As OPTION-2 paradigm is applied, a lot of SSCs may be categorized into RISC-3 SSCs. Changes in treatment of the RISC-3 SSCs will be recommended and then finally the recommended changes shall be evaluated. Consequently, before recommending the changes in treatment, probable candidate SSCs for the changes in treatment need to be identified for efficient risk-informed regulation and application (RIRA). Hence, in this work, a validation focused on the RISC-3 SSCs is proposed to identify probable candidate SSCs. Burden to Importance Ratio (BIR) is utilized as a quantitative measure for the validation. BIR is a measure representing the extent of resources or requirements imposed on a SSC with respect to the value of the importance measure of the SSC. Therefore SSCs having high BIR can be considered as probable candidate SSCs for the changes in treatment. In addition, the final decision whether RISC-3 SSCs can be considered as probable candidate SSCs or not should be made by an expert panel. For the effective decision making, a structured mathematical decision-making process is constructed based on Belief Networks (BBN) to overcome demerits of conventional group meeting based on unstructured discussion for decision-making. To demonstrate the usefulness of the proposed approach, the approach is applied to 22 components selected from 512 In-Service Test (IST) components of Ulchin unit 3. The results of the application show that the proposed approach can identify probable candidate SSCs for changes in treatment. The identification of the

A Pilot Study on Applying Risk Informed Application Option 2 to Six Systems in UCN 3

International Nuclear Information System (INIS)

Kim, Kil-Yoo; Yang, Joon-Eon; Lee, Young-Joo; Chung, Hye-Won

2007-01-01

To reduce the unnecessary burden of a regulation, NRC prepared three options for the risk informed regulatory framework known as Option 1, Option 2 and Option 3. In Option 2, all safety related Structure, System and Components (SSCs) and non-safety related SSCs are evaluated from a safety point of view, and the low safety significant SSCs belonging to the safety related group are called 'Risk Informed Safety Class (RISC) - 3' SSCs. The 'RISC-3' SSCs can be exempted from the special treatment requirements such as a seismic and environmental requirement, of 10 CFR 50. Two years ago, a paper was published which described the Option 2 method applied to the high pressure safety injection system (HPSI) and the essential service water system (ESW) of UCN 3. However, this paper describes the results when Option 2 is applied to the other 4 systems such as a low pressure safety injection system(LPSI), safety depressurization system(SDS), instrument air system(IAS), safety injection tank(SIT). First of all, this paper includes the results from the importance analysis in view of a Fire PSA and Level 2 PSA

A Pilot Study on Applying Risk Informed Application Option 2 to Two Systems in UCN 3

International Nuclear Information System (INIS)

Kim, Kil Yoo; Hwang, Mee Jeong; Yang, Joon Eon

2005-01-01

To reduce the unnecessary burden of a regulation, NRC prepared three options for the risk informed regulatory framework known as Option 1, Option 2 and Option 3. In Option 2, all safety related Structure, System and Components (SSCs) and non-safety related SSCs are evaluated from a safety point of view, and the low safety significant SSCs belonging to the safety related group are called 'Risk Informed Safety Class (RISC) - 3' SSCs. The 'RISC-3' SSCs can be exempted from the special treatment requirements such as a seismic and environmental requirement, of 10 CFR 50. For Option 2, 10 CFR 50.69 was issued by US NRC, and NEI 00-04 was prepared by US industry as a categorization guideline for 10 CFR 50.69, and US NRC endorsed the NEI 00-04 methodology for Option 2 in Reg. Guide 1.201. This paper describes the Option 2 method applied to the high pressure safety injection system (HPSI) and the essential service water system (ESW) of UCN 3

Main technical options of the Jules Horowitz reactor project to achieve high flux performances and high safety level

International Nuclear Information System (INIS)

Ballagny, A.; Bergamaschi, Y.; Bouilloux, Y.; Bravo, X.; Guigon, B.; Rommens, M.; Tremodeux, P.

2003-01-01

Since the shutdown of the SILOE reactor in 1997, the OSIRIS reactor has ensured the needs regarding technological irradiation at CEA including those of its industrial partners and customers. The Jules Horowitz Reactor will replace it and will offer a quite larger experimental field. It has the ambition to provide the necessary nuclear data and to maintain a fission research capability in Europe after 2010. The Jules Horowitz Reactor will represent a significant step in terms of performances and experimental capabilities. This paper will present the main design option resulting from the preliminary studies. The choice of the specific power around 600 kW/I for the reference core configuration is a key decision to ensure the required flux level. Consequently many choices have to be made regarding the materials used in the core and the fuel element design. These involve many specific qualifications including codes validation. The main safety options are based on: - A safety approach based upon the defence-in-depth principle. - A strategy of generic approaches to assess experimental risks in the facility. - Internal events analysis taking into account risks linked to reactor and experiments (e.g., radioactive source-term). - Systematic consideration of external hazards (e.g., earthquake, airplane crash) and internal hazards. - Design of containment to manage and mitigate a severe reactor accident (consideration of 'BORAX' accident, according to french safety practice for MTRs, beyond design basis reactivity insertion accident, involving core melting and core destruction phenomena). (authors)

Main technical options of the Jules Horowitz Reactor project to achieve high flux performances and high safety level

International Nuclear Information System (INIS)

Ballagny, A.; Bergamaschi, Y.; Bouilloux, Y.; Bravo, X.; Guigon, B.; Rommens, M.; Tremodeux, P.

2003-01-01

Since the shutdown of the SILOE reactor in 1997, the OSIRIS reactor has ensured the needs regarding technological irradiation at CEA including those of its industrial partners and customers. The Jules Horowitz Reactor will replace it and will offer a quite larger experimental field. It has the ambition to provide the necessary nuclear data and to maintain a fission research capability in Europe after 2010. The Jules Horowitz Reactor will represent a significant step in terms of performances and experimental capabilities. This paper will present the main design option resulting from the preliminary studies. The choice of the specific power around 600 KW/l for the reference core configuration is a key decision to ensure the required flux level. Consequently many choices have to be made regarding the materials used in the core and the fuel element design. These involve many specific qualifications including codes validation. The main safety options are based on: 1) A safety approach based upon the defence-in-depth principle. 2) A strategy of generic approaches to assess experimental risks in the facility. 3) Internal events analysis taking into account risks linked to reactor and experiments (eg., radioactive source-term). 4) Systematic consideration of external hazards (eg., earthquake, airplane crash) and internal hazards. 5) Design of containment to manage and mitigate a severe reactor accident (consideration of 'BORAX' accident, according to french safety practice for MTRs, beyond design basis reactivity insertion accident, involving core melting and core destruction phenomena). (author)

49 CFR 190.209 - Response options.

Science.gov (United States)

2010-10-01

... 49 Transportation 3 2010-10-01 2010-10-01 false Response options. 190.209 Section 190.209 Transportation Other Regulations Relating to Transportation (Continued) PIPELINE AND HAZARDOUS MATERIALS SAFETY... PROCEDURES Enforcement § 190.209 Response options. Within 30 days of receipt of a notice of probable...

Comparative efficacy and safety of treatment options for MDR and XDR Acinetobacter baumannii infections: a systematic review and network meta-analysis.

Science.gov (United States)

Kengkla, Kirati; Kongpakwattana, Khachen; Saokaew, Surasak; Apisarnthanarak, Anucha; Chaiyakunapruk, Nathorn

2018-01-01

To comprehensively compare and rank the efficacy and safety of available treatment options for patients with MDR and XDR Acinetobacter baumannii (AB) infection. We searched PubMed, Embase and the Cochrane register of trials systematically for studies that examined treatment options for patients with MDR- and XDR-AB infections until April 2016. Network meta-analysis (NMA) was performed to estimate the risk ratio (RR) and 95% CI from both direct and indirect evidence. Primary outcomes were clinical cure and microbiological cure. Secondary outcomes were all-cause mortality and nephrotoxic and non-nephrotoxic adverse events. A total of 29 studies with 2529 patients (median age 60 years; 65% male; median APACHE II score 19.0) were included. Although there were no statistically significant differences between treatment options, triple therapy with colistin, sulbactam and tigecycline had the highest clinical cure rate. Colistin in combination with sulbactam was associated with a significantly higher microbiological cure rate compared with colistin in combination with tigecycline (RR 1.23; 95% CI 1.03-1.47) and colistin monotherapy (RR 1.21; 95% CI 1.06-1.38). No significant differences in all-cause mortality were noted between treatment options. Tigecycline-based therapy also appeared less effective for achieving a microbiological cure and is not appropriate for treating bloodstream MDR- and XDR-AB infections. Combination therapy of colistin with sulbactam demonstrates superiority in terms of microbiological cure with a safety profile similar to that of colistin monotherapy. Thus, our findings support the use of this combination as a treatment for MDR- and XDR-AB infections. © The Author 2017. Published by Oxford University Press on behalf of the British Society for Antimicrobial Chemotherapy. All rights reserved. For Permissions, please email: journals.permissions@oup.com.

Assessment of Astrid reactor pit design options

International Nuclear Information System (INIS)

Verpoest, Thomas; Villedieu, Alexandre; Robin, Jean-Charles

2014-01-01

Answering the French Act of the 28. of June 2006 about nuclear materials and waste management, the ASTRID (Advanced Sodium Technological Reactor for Industrial Demonstration) Project has the objectives to demonstrate the industrial feasibility based on identified domains (safety, operability, economy) of Sodium-cooled Fast Reactor and to perform transmutation demonstrations. The pre-conceptual design, started in 2010, considers several reactor pit design options. One of the objectives is to define a reference configuration for the ASTRID project which is able to answer safety and design requirements. The components addressed in this article are: the safety vessel and the Decay Heat Removal system through the main vessel. The core catcher associated to the different configurations studied in this article is an internal core catcher (inside the main vessel). This article deals with the different locations of the DHR through the main vessel and the type of the safety vessel (supported versus suspended vessel). These options are studied in order to establish the advantages and drawbacks of the different configurations in terms of economy, safety, In Service Inspection and Repair (ISIR), operability, robustness, and project risk (authors)

Practice Hospital Bed Safety

Science.gov (United States)

... Home For Consumers Consumer Updates Practice Hospital Bed Safety Share Tweet Linkedin Pin it More sharing options ... It depends on the complexity of the bed." Safety Tips CDRH offers the following safety tips for ...

Exoplanets Galore!

Science.gov (United States)

2000-05-01

Eight New Very Low-Mass Companions to Solar-Type Stars Discovered at La Silla The intensive and exciting hunt for planets around other stars ("exoplanets") is continuing with great success in both hemispheres. Today, a team of astronomers of the Geneva Observatory [1] are announcing the discovery of no less than eight new, very-low mass companions to solar-type stars. The masses of these objects range from less than that of planet Saturn to about 15 times that of Jupiter. The new results were obtained by means of high-precision radial-velocity measurements with the CORALIE spectrometer at the Swiss 1.2-m Leonhard Euler telescope at the ESO La Silla Observatory. An earlier account of this research programme is available as ESO Press Release 18/98. Recent views of this telescope and its dome are available below as PR Photos 13a-c/00. This observational method is based on the detection of changes in the velocity of the central star , due to the changing direction of the gravitational pull from an (unseen) exoplanet as it orbits the star. The evaluation of the measured velocity variations allows to deduce the planet's orbit , in particular the period and the distance from the star, as well as a minimum mass [2]. The characteristics of the new objects are quite diverse. While six of them are most likely bona-fide exoplanets , two are apparently very low-mass brown-dwarfs (objects of sub-stellar mass without a nuclear energy source in their interior). From the first discovery of an exoplanet around the star 51 Pegasi in 1995 (by Michel Mayor and Didier Queloz of the present team), the exoplanet count is now already above 40. "The present discoveries complete and enlarge our still preliminary knowledge of extra-solar planetary systems, as well as the transition between planets and `brown dwarfs'" , say Mayor and Queloz, on behalf of the Swiss team. An overview of the new objects ESO PR Photo 12/00 ESO PR Photo 12/00 [Preview - JPEG: 400 x 242 pix - 76k] [Normal - JPEG: 800 x 483 pix - 184k] Caption : A representation of the sizes and shapes of the orbits of the eight new planetary and brown-dwarf candidates. The colours indicate the deduced minimum masses: about one Saturn mass or less (red); between 1 and 3 Jupiter masses (green); above 10 Jupiter masses (blue). The dashed line indicates the size of the Earth's orbit (radius 150 million km). The sizes and shapes of the orbits of the eight new planets and brown-dwarf candidates are illustrated in Photo 12/00 . More details about the individual objects are given below. A sub-saturnian planet in orbit around HD 168746 HD 168746 is a quiescent solar-like star of type G5 in the constellation Scutum (The Shield). It is slightly less massive than the Sun (0.92 solar mass) and is located at a distance of about 140 light-years. The visual magnitude is 7.9, i.e. about six times too faint to be seen with the unaided eye. The Swiss team found a new planet that orbits this star every 6.4 days, a fairly short period. The orbit is circular and the deduced minimum mass of the planet is only 80% of the mass of planet Saturn. This is only the third exoplanet detected so far with a possible sub-saturnian mass. Two planets slightly more massive than Saturn around HD 83443 and HD 108147 The planetary candidates detected around HD 83443 (visual magnitude 8.2; in the constellation Vela - the Sail) and HD 108147 (7.0 mag; Crux - the Cross) also have very low minimum masses, 0.35 and 0.34 times the mass of planet Jupiter, or 1.17 and 1.15 times that of Saturn, respectively. The companion of HD 83443 is particularly remarkable, not only by virtue of its low mass - it is also the exoplanet so far detected with the shortest period (2.986 days) and the smallest distance to the central star, only 5.7 million km (0.038 AU), i.e., 26 times smaller than the Sun-Earth distance. HD 83443 is of type K0V, it is at a distance of 141 light-years and is somewhat less massive than our Sun (0.8 solar mass). Most interestingly, a small change with time (a "drift") of the mean velocity variation of HD 83443 has been detected. This drift suggests the possible existence of an additional low-mass companion; earlier measurements show that it cannot be due to a more distant stellar companion. As for all other short-period exoplanets, this "Hot Saturn" offers good chances for future observations of a planetary transit across the disk of the central star, seen when the planetary orbit is (nearly) perpendicular to the sky plane. Precise photometric monitoring of the star has been conducted by a team of Danish astronomers with their 50-cm telescope at La Silla, but has so far failed to reveal any drop of the stellar luminosity. The mass of HD 108147 (of type F9-G0V) is slightly above that of the Sun (1.05 solar mass). The orbit of its low-mass companion is surprisingly eccentric (e = 0.56), despite of its fairly short period of 10.88 days. This star seems to be rather "young" (about 2,000 million years old); this is also corroborated by a comparatively high rotational velocity and a moderate chromospheric activity level. Three Jovian planets with longer periods around HD 52265 [3], HD 82943 and HD 169830 The deduced minimum masses, 1.07, 2.2 and 2.96 times the mass of Jupiter, of the planetary companions to HD 52265 (6.3 mag; G0V; Monoceros constellation - the Unicorn), HD 82943 (6.5 mag; G0; Hydra - the Water-Snake), and HD 169830 (5.9 mag; F8V; Sagittarius - the Archer), respectively, together with the orbital eccentricities (0.38, 0.61 and 0.34) and periods (119, 443 and 230 days) for these systems are rather typical for exoplanets with intermediate periods. Whereas all giant planets in our own solar system (Jupiter, Saturn, Neptune, Uranus) have nearly circular orbits, most of the extra-solar planets that have been discovered with periods of months to years are elongated. The origin of the elongated shape of those planetary orbits is still under debate. Two very low-mass brown-dwarf companions to HD 162020 and HD 202206 While about 40 giant exoplanet-candidates have so far been detected with masses in the range from 0.22 to 8.13 times that of Jupiter, only one companion object (in orbit around the star HD 114762) was known until now with a minimum mass between 10 and 15 times that of Jupiter. Such objects, referred to as "brown dwarfs" , are easier to detect than giant planets with similar periods because their greater mass induces larger velocity changes of the central star; they must therefore be very rare. This strongly points towards different formation/evolution processes for giant planets and stellar companions in the brown-dwarf domain. The brown-dwarf candidate around HD 162020 orbits this star (in constellation Scorpius - the Scorpion; visual magnitude 9.1; stellar type K2V) in 8.43 days on a moderately eccentric orbit. The inferred minimum mass of the companion is 13.7 times that of Jupiter. The second brown-dwarf candidate has a comparable minimum mass of 14.7 Jupiter masses. It orbits HD 202206 (in constellation Capricornus; visual magnitude 8.1; stellar type G6V) in 259 days and the orbit is fairly eccentric. The search for exoplanets: current status Most of the stars around which giant planets have been found so far show a significant excess of heavy elements in their atmosphere when compared to the majority of stars of the solar vicinity. This is also the case for most of the central stars of the eight new objects described here. This additional indication of an abnormal chemical composition of stars with giant gaseous planets provides a promising line for a better understanding of the mechanism(s) that ultimately lead to the formation of planetary systems. The high-precision radial-velocity survey with CORALIE in the southern hemisphere has the ambitious goal to make a complete inventory of giant exoplanets orbiting about 1600 stars in our galactic neighbourhood, all of which are relatively similar to our Sun. To date, 11 such exoplanets have been detected by CORALIE within this programme. Up to now, a total of 43 low-mass companions to solar-type stars have been detected by different research teams with minimum masses less than 15 Jupiter masses. Of these, 34 have minimum masses smaller than 5 Jupiter masses, 6 are between 5 and 10 Jupiter masses, and 3 are between 10 and 15 Jupiter masses. This repartition of observed planetary masses (and low-mass brown dwarfs) strongly suggests that the maximum mass for giant exoplanets is less than 10 Jupiter masses. Continuation of the programme Significant progress within the current programme is expected soon, when the Very Large Telescope Interferometer (VLTI) , now being constructed at Paranal, will become available. This new instrument will have the observational capability of very high-accuracy astrometry and thus to detect even very small wobbles of stellar positions that are due to orbiting planets. This will provide a crucial contribution to the determination of the true repartition of exoplanetary masses, a hotly debated question. Important advancement in our understanding of the formation of planetary systems is also expected with the advent of HARPS. This new high-resolution spectrograph, capable of reaching a radial-velocity precision of 1 m/sec, will be installed on the ESO 3.6-m telescope at La Silla. HARPS will extend the domain of planets accessible with the radial-velocity technique towards significantly lower masses - down to about ten Earth masses on short-period orbits. It will also greatly improve our capability of detecting planets with longer periods and multi-planet systems. More information about this project Further detailed information about these new planet candidates, as well as the corresponding radial-velocity curves, are available on the dedicated web page at the Geneva Observatory web site: http://obswww.unige.ch/~udry/planet/planet.html Notes [1] The team consists of Michel Mayor, Dominique Naef, Francesco Pepe, Didier Queloz, Nuno Santos, Stephane Udry and Michel Burnet (Geneva Observatory, Sauverny, Switzerland). [2] A fundamental limitation of the radial-velocity method, currently used by all planet-hunting research teams, is that because of the uncertainty of the inclination of the planetary orbit, it only allows to determine a lower mass limit for the planet. However, statistical considerations indicate that in most cases, the true mass will not be much higher than this value. The mass units for the exoplanets used in this text are 1 Jupiter mass = 3.35 Saturn masses = 318 Earth masses; 1 Saturn mass = 95 Earth masses. [3] The exoplanet in orbit around HD 52265 was independently announced last week by another group, cf. ( http://www.physics.sfsu.edu/~gmarcy/planetsearch/planetsearch.html)

Use of the Generating Options for Active Risk Control (GO-ARC) Technique can lead to more robust risk control options.

Science.gov (United States)

Card, Alan J; Simsekler, Mecit Can Emre; Clark, Michael; Ward, James R; Clarkson, P John

2014-01-01

Risk assessment is widely used to improve patient safety, but healthcare workers are not trained to design robust solutions to the risks they uncover. This leads to an overreliance on the weakest category of risk control recommendations: administrative controls. Increasing the proportion of non-administrative risk control options (NARCOs) generated would enable (though not ensure) the adoption of more robust solutions. Experimentally assess a method for generating stronger risk controls: The Generating Options for Active Risk Control (GO-ARC) Technique. Participants generated risk control options in response to two patient safety scenarios. Scenario 1 (baseline): All participants used current practice (unstructured brainstorming). Scenario 2: Control group used current practice; intervention group used the GO-ARC Technique. To control for individual differences between participants, analysis focused on the change in the proportion of NARCOs for each group. Proportion of NARCOs decreased from 0.18 at baseline to 0.12. Intervention group: Proportion increased from 0.10 at baseline to 0.29 using the GO-ARC Technique. Results were statistically significant. There was no decrease in the number of administrative controls generated by the intervention group. The Generating Options for Active Risk Control (GO-ARC) Technique appears to lead to more robust risk control options.

International demands for retrofitting, trends in the nuclear industry, safety margins, concepts and options for retrofit; Nachfrage nach Nachruestungen international; industrielle Trends; Rolle von Sicherheitsmargen, Nachruestkonzepte und -moeglichkeiten

Energy Technology Data Exchange (ETDEWEB)

Janke, Rolf; Stoll, Uwe; Grasnick, Claudius [AREVA GmbH, Erlangen (Germany). E and P, P-G

2016-02-15

The serious accidents at Fukushima in 2011 pointed out the missing implementation of existing international safety standards for nuclear power plants as also new aspects for nuclear safety. The main safety aspects in the aftermath of Fukushima are: robustness against internal and external impacts; sufficient safety margins; prolonged periods for safety measures; inherent and passive systems and mechanisms; enhanced independent operation of the plant in case of external failures; independent long-term supply with AC; accident management procedures; enhanced retention of radionuclides. Technologies for retrofit are available and are under implementation with respect to the demands and options in the countries using nuclear power.

An International Peer Review of the Safety Options Dossier of the Project for Disposal of Radioactive Waste in Deep Geological Formations (Cigéo). Final Report of the IAEA International Review Team November 2016

International Nuclear Information System (INIS)

2017-07-01

The French Nuclear Safety Authority (Autorité de sûreté nucléaire, ASN) is preparing the evaluation of a licence application for the creation of a deep geological disposal facility in 2018, called Cigéo, for intermediate level, high level and long lived radioactive waste. This licence is preceded by the submission of a Safety Options Dossier to ASN, which provides the French National Radioactive Waste Management Agency (Agence nationale pour la gestion des déchets radioactifs, Andra) the possibility to receive advice from ASN on the preparation of the licence application on the safety principles and approach. The Safety Options Dossier sets out the chosen objectives, concepts and principles for ensuring the safety of the facility. ASN requested the IAEA to organize an international peer review of the Safety Options Dossier. This publication presents the consensus view of the international group of experts convened by the IAEA to conduct the review against the relevant IAEA safety standards and proven international practice and experience. The experts acted in a personal capacity and the views expressed do not necessarily reflect those of the IAEA, the governments of the nominating Member States or the nominating organizations. The basis of this peer review is the set of documents provided by Andra, as the agency responsible for the development of the Cigéo project and for its safety. Consequently, the findings of the reviews are addressed directly to Andra. This publication, however, is primarily submitted to ASN to review the outcomes of the Andra project.

Radiation and environmental safety of spent nuclear fuel management options based on direct disposal or reprocessing and disposal of high-level radioactive waste

International Nuclear Information System (INIS)

Vuori, S.

1996-05-01

The report considers the various stages of two nuclear fuel cycle options: direct disposal and reprocessing followed by disposal of vitrified high-level waste. The comparative review is based on the results of previous international studies and concentrates on the radiation and environmental safety aspects of technical solutions based on today's technology. (23 refs., 7 figs., 4 tabs.)

A Pilot Study on Applying Option 2 to Two Systems in the UCN 3, 4 - HPSI, ESWS

International Nuclear Information System (INIS)

Kim, Kil Yoo; Kang, D. I.; Hwang, M J.; Yang, J. E.

2005-04-01

This report describes the Option 2 method applied to high pressure safety injection system(HPSI) and essential service water system(ESW) UCN 3,4 based on the U.S NEI 00-04 Option 2 methodology. Thus, in the Option 2 applications under the 10 CFR 50.69 requirement, the special treatment requirements for 'RISC-3' SSCs could be relaxed, while the regulartory requirements for 'RISC-2' SSCs will be enhanced. The results of Option 2 applications for the two systems of UCN 3,4 show that 161 out of 277 safety related SSCs can be treated with relaxed requirements in the HPSI, while 20 non-safety related SSCs should be treated with special treatment requirements. Also, in the ESW, special treatment requirements for the 121 out of 238 safety related SSCs can be relaxed, and new special treatments are required for 4 non-safety related SSCs

Treatment options for nonalcoholic steatohepatitis - a safety evaluation.

Science.gov (United States)

Issa, Danny; Wattacheril, Julia; Sanyal, Arun J

2017-08-01

There is an urgent as yet unmet need to develop highly effective and safe therapeutics for nonalcoholic fatty liver disease (NAFLD). The remarkable progress in understanding NAFLD pathogenesis allowed the identification of injury pathways which may be recruited as therapy targets. Areas covered: This article reviews the safety and tolerability data of the NAFLD therapies and explains the mechanistic basis for each of the established and investigational drugs. Treatment targets include: weight loss, anti-metabolic agents such as lipid lowering and anti-diabetic drugs, inflammation, fibrosis and others such as targeting gut microbiota, immune modulation and apoptosis. Expert opinion: Current therapies continue to remain suboptimal. Weight loss is effective but hard to achieve. Traditional and endoscopic bariatric procedures are promising although more randomized trials are needed and the long-term safety remains to be established. Clinical trials have demonstrated the efficacy of several drugs for the treatment of NASH. Of these, there remains some uncertainty about the long-term safety of vitamin E. Pioglitazone is associated with osteopenia, fluid retention and weight gain. Obeticholic acid causes pruritus in a substantial proportion of subjects and elafibranor has been associated with transient rises in creatinine. Several exciting therapies are under development and results of clinical and post-marketing trials will help elucidate their safety.

The Efficacy, Safety and Tolerability of Retapamulin as a Treatment Option for Impetigo and Other Uncomplicated Superficial Skin Infections: A Meta-analysis

Directory of Open Access Journals (Sweden)

Rudy Ciulianto

2015-04-01

Full Text Available BACKGROUND: The treatment of impetigo, secondarily infected dermatitis and infected traumatic lesions continue to develop as new generations of drugs are being formulated. Bacteria causing impetigo show growing resistance rates for commonly used antibiotics. Retapamulin being a new drug has been recently approved as topical antibiotic in children and adult. This study aimed to ascertain the efficacy, safety and tolerability of retapamulin as the treatment option for impetigo and other uncomplicated superficial skin infections. METHODS: A search for studies published from 2006-2014 was done in Pubmed, EBSCO, OVID, Science Direct, and Cochrane using the search strategy. The search was limited to studies conducted in human subjects and published in the English language. Randomized controlled trials evaluating the efficacy, safety and tolerability of retapamulin as treatment for impetigo and other uncomplicated superficial skin infections in children and adult were included and extracted independently and the qualities of the studies were appraised using critical appraisal tools. Data analysis was conducted by using RevMan 5. RESULTS: This study has high heterogeneity and found Retapamulin has no statistically significant difference in the clinical success after seven days and follow up among per-protocol-patients, bacteriogical confirmed patients and intention-to-treat patients with impetigo and other secondary infected traumatic lesions compared to other regimens. However, Retapamulin has beneficial effect in the clinical success, well tolerated and safe for children and adults. CONCLUSIONS: Retapamulin is comparably effective and safe as a treatment option for impetigo and other uncomplicated superficial skin infections. KEYWORDS: efficacy, safety, tolerability, retapamulin, impetigo, meta-analysis.

Contraceptive options for women living with HIV.

Science.gov (United States)

Phillips, Sharon; Steyn, Petrus; Temmerman, Marleen

2014-08-01

Women living with HIV are often of reproductive age, and many desire effective contraceptive options to delay or prevent pregnancy. We review the safety of various hormonal and non-hormonal contraceptive methods for women living with human immunodeficiency virus (HIV). Additionally, we discuss drug interactions between contraceptive methods and antiretrovirals and the safety of methods with respect to onward transmission to HIV-negative partners for women in sero-discordant partnerships. In general, most methods are safe for most women living with HIV. An understanding of the reproductive goals of each individual patient, as well as her medical condition and medication, should be taken into account when counselling women on their contraceptive options. Further research is needed to understand drug interactions between contraceptives and antiretrovirals better and how to fulfil the contraceptive needs of HIV-positive women. Copyright © 2014. Published by Elsevier Ltd.

77 FR 24560 - National Highway Traffic Safety Administration Electric Vehicle Safety Technical Symposium

Science.gov (United States)

2012-04-24

... DEPARTMENT OF TRANSPORTATION National Highway Traffic Safety Administration Electric Vehicle... discuss safety considerations for electric vehicles powered by lithium-ion (Li-ion) batteries. The... vehicles. Electric vehicles show great promise as an innovative and fuel- efficient option for American...

Feasibility, cost and safety of some rehabilitation options for the Maralinga test site

International Nuclear Information System (INIS)

Vande Putte, D.; Tufton, E.P.S.; Myall, M.

1992-01-01

The need to rehabilitate the former nuclear test site at Maralinga has required the development of safe and cost-effective clean-up measures. Options have been investigated, which include fencing-off parts of the site, removing surface soil, mixing surface soil and stabilising the contents of debris pits. The results of the study can be used in selecting the most suitable options or combination of options necessary to achieve a given radiological end-point. (author)

Burden to importance ratio as a quantitative measure to validate the RISC-3 SSC in OPTION-2

International Nuclear Information System (INIS)

Ha, J. S.; Sung, P. H.

2004-01-01

A Risk-Informed Safety Significance Categorization (RISSC) is to categorize structures, systems, or components (SSCs) of a Nuclear Power Plant (NPP) into two or more groups, according to their safety significance using both probabilistic and deterministic insights. Recently, OPTION-2 (which is an emerging risk-informed paradigm) recommends that SSCs should be categorized into four groups according to whether they are safety-related or not as well as their safety significance. With the change of 10 CFR 50, safety-related components which categorized into low safety significant SSC (RISC-3 SSC) can be exempted from the existing conservative requirements. Consequently, as OPTION-2 paradigm is applied, a validation process focused on the RISC-3 SSC is needed to assure the categorization results, because most of existing RISSC methods focused on the categorization of the whole SSCs of NPPs based on importance measures obtained from probabilistic and deterministic insights. In this work, Burden to Importance Ratio (BIR) is utilized as a measure for the validation of RISC-3 SSC in OPTION-2. To demonstrate the usefulness of the proposed approach, the approach is applied to 22 components selected from 512 In-Service Test (IST) components of Ulchin unit 3. The results of the application show that the proposed approach is useful for the validation of RISC-3 SSC in OPTION-2

Hazardous landfill management, control options

International Nuclear Information System (INIS)

Corbin, M.H.; Lederman, P.B.

1982-01-01

The land disposal of hazardous wastes has been a common practice over the last half century. The industrial and environmental communities, as well as the public, have an immediate challenge to control the contaminants that may be released from waste land disposal facilities. At the same time, land disposal continues to be, in many cases, the only available disposal technique that can be utilized in the next five years. Thus, it is extremely important that environmentally sound landfill management and control techniques be utilized, both for inactive and active sites. There are a number of key steps in developing a sound management and control plan. These include problem definition, personnel safety, characterization, evaluation of control options, cost-effectiveness analysis and development of an integrated control plan. A number of control options, including diversion, regrading, sealing, and leachate treatment are available and more cost effective in most cases than waste removal. These and other options, as well as the methodology to develop an integrated control plan, are discussed, together with examples. (Auth.)

Emerging Options for Emergency Contraception

Science.gov (United States)

Koyama, Atsuko; Hagopian, Laura; Linden, Judith

2013-01-01

Emergency post-coital contraception (EC) is an effective method of preventing pregnancy when used appropriately. EC has been available since the 1970s, and its availability and use have become widespread. Options for EC are broad and include the copper intrauterine device (IUD) and emergency contraceptive pills such as levonorgestrel, ulipristal acetate, combined oral contraceptive pills (Yuzpe method), and less commonly, mifepristone. Some options are available over-the-counter, while others require provider prescription or placement. There are no absolute contraindications to the use of emergency contraceptive pills, with the exception of ulipristal acetate and mifepristone. This article reviews the mechanisms of action, efficacy, safety, side effects, clinical considerations, and patient preferences with respect to EC usage. The decision of which regimen to use is influenced by local availability, cost, and patient preference. PMID:24453516

Alcohol addiction - the safety of available approved treatment options.

Science.gov (United States)

Antonelli, Mariangela; Ferrulli, Anna; Sestito, Luisa; Vassallo, Gabriele A; Tarli, Claudia; Mosoni, Carolina; Rando, Maria M; Mirijello, Antonio; Gasbarrini, Antonio; Addolorato, Giovanni

2018-02-01

Alcohol Use Disorders (AUD) is a leading cause of mortality and morbidity worldwide. At present disulfiram, naltrexone and acamprosate are approved for the treatment of AUD in U.S. and Europe. Nalmefene is approved in Europe and sodium oxybate is approved in Italy and Austria only. Baclofen received a 'temporary recommendation for use' in France. Areas covered: The safety of the above mentioned medications on liver, digestive system, kidney function, nervous system, pregnancy and lactation and their possible side effects are described and discussed. Expert opinion: Mechanism of action and metabolism of these drugs as well as patients' clinical characteristics can affect the safety of treatment. All approved medications are valid tools for the treatment of AUD in patients without advanced liver disease. For some drugs, attention should be paid to patients with renal failure and medications may be used with caution, adjusting the dosage according to kidney function. In patients with AUD and advanced liver disease, at present only baclofen has been formally tested in randomized controlled trials showing its safety in this population.

Deep reversible storage. Safety options for the storage in deep geological formation - High-medium activity, long living wastes 2009 milestone

International Nuclear Information System (INIS)

2010-09-01

This large document aims at presenting safety options which have been adopted for the current design status (notably for the installation architecture), elements of description of envisaged technical solutions and exploitation principles which are required for the control of risks (either internal or external) and uncertainties on a long term which could lead to radiological consequences for the project of storage of nuclear wastes in a deep geological formation. After a presentation of the context and of input data, this report discusses the principle of a modular construction and then discusses the safety approach. One part deals with risk analysis for surface installations and aims at showing how internal risks (handling, fire) and external risks (earthquake, plane crash) are taken into account in terms of design choices, processes and control measures. Another part deals with risk analysis for underground installations during the reversible exploitation phase (the considered risks are about the same as in the previous part). The next part addresses risk analysis after closing, and tries to describe how the location, storage construction elements and its architecture ensure a passive safety. Uncertainty management is presented in relationship with envisaged technical solutions and scientific knowledge advances. Additional elements (detailed study, researches and experimentations) for the establishment of the future creation authorization request are identified all along the report

Health and safety of competing fuel options for fuel cells in the road transport sector

Energy Technology Data Exchange (ETDEWEB)

Green, E.; Short, S.; Stutt, E.; Wickramatillake, H.; Harrison, P.

2000-07-01

This report presents a critical analysis of the health and safety issues surrounding competing transport fuel options, including those for possible future fuel-cell powered vehicles. The fuels considered in this report are gasoline (unleaded and reformulated), diesel, hydrogen (H{sub 2}), methanol, natural gas and liquefied petroleum gas (LPG). The analysis presented here is based on available information in peer-reviewed, published papers and other sources such as government department or research laboratory reports and websites. An overall evaluation of the fuels in terms of their toxicity and health effects, environmental fate, and fire and explosion safety aspects is presented. The report is based on current knowledge and makes no assumptions as to how fuels may change in the future if they are to be used in fuel-cell vehicles. The report identifies the hazards of the fuels but does not estimate the risks likely to be associated with their eventual use in fuel-cell vehicles. The focus is on the fuels themselves and not their exhaust or reaction products. sNo assessment has been made of the environmental effects data for the fuels. Broad environmental considerations such as ozone forming potential and also global warming are not considered. Basic information on environmental fate is included to provide an understanding of migratory pathways, environmental compartmentalisation and potential routes of human exposure. Other factors such as economics, government incentives or disincentives and public attitudes may have a bearing on which of the fuels are considered most appropriate for future fuel-cell vehicles; these factors are not considered in any detail in this report. (Author)

Management options for recycling radioactive scrap metals

Energy Technology Data Exchange (ETDEWEB)

Dehmel, J.C.; MacKinney, J.; Bartlett, J.

1997-02-01

The feasibility and advantages of recycling radioactive scrap metals (RSM) have yet to be assessed, given the unique technical, regulatory, safety, and cost-benefit issues that have already been raised by a concerned recycling industry. As is known, this industry has been repeatedly involved with the accidental recycling of radioactive sources and, in some cases, with costly consequences. If recycling were deemed to be a viable option, it might have to be implemented with regulatory monitoring and controls. Its implementation may have to consider various and complex issues and address the requirements and concerns of distinctly different industries. There are three basic options for the recycling of such scraps. They are: (1) recycling through the existing network of metal-scrap dealers and brokers, (2) recycling directly and only with specific steelmills, or (3) recycling through regional processing centers. Under the first option, scrap dealers and brokers would receive material from RSM generators and determine at which steelmills such scraps would be recycled. For the second option, RSM generators would deal directly with selected steelmills under specific agreements. For the third option, generators would ship scraps only to regional centers for processing and shipment to participating steelmills. This paper addresses the potential advantages of each option, identifies the types of arrangements that would need to be secured among all parties, and attempts to assess the receptivity of the recycling industry to each option.

Westinghouse Owners Group Risk-Informed Regulation Efforts: Options 2 and 3

International Nuclear Information System (INIS)

Brown, Jason A.; Osterrieder, Robert A.; Lutz, Robert J.; Dingler, Maurice; Ward, Lewis A.

2002-01-01

The U.S. Nuclear Regulatory Commission (NRC) has initiated efforts to incorporate risk-informed methods to redefine the scope of the existing 10 CFR 50 regulations (Option 2) and to change the technical requirements of the regulations (Option 3). The overall objectives of these efforts are to enhance plant safety, provide a framework for risk-informed regulations, add flexibility to plant operations, and reduce regulatory burden. The Westinghouse Owners Group (WOG) has a variety of active programs in the risk-informed area, including a program in the Option 2 and Option 3 areas. These two programs will be summarized including the benefits and the technical approach. The purpose of Option 2 is to make changes to the overall scope of structures, systems and components (SSCs) covered by 10 CFR 50 requiring special treatment by formulating new risk-informed safety classification categories that are linked to current definitions of safety-related and important-to-safety. This initiative would permit possible changes to the current special treatment requirements based on risk insights. The Nuclear Energy Institute (NEI) has developed an Option 2 implementation guideline (NEI 00-04 Draft Revision B). The WOG has initiated a program to validate the NEI guideline and to provide an initial cost-benefit assessment of the revised categorization and treatment under Option 2 via trial application to two systems at both Surry Unit 1 and Wolf Creek. The WOG Option 2 program includes consideration of all of the components in the selected systems, regardless of whether or not they are modeled in the respective plant probabilistic risk assessment (PRA) studies. As a result, quantitative risk measures are not available for many of the components being considered. In this case, the WOG program will provide valuable input to the NEI guideline. Additionally, the WOG program extends the use of both of the dominant methodologies for risk-informed ISI (RI-ISI) to address repair and

Emerging Options for Emergency Contraception

Directory of Open Access Journals (Sweden)

Atsuko Koyama

2013-01-01

Full Text Available Emergency post-coital contraception (EC is an effective method of preventing pregnancy when used appropriately. EC has been available since the 1970s, and its availability and use have become widespread. Options for EC are broad and include the copper intrauterine device (IUD and emergency contraceptive pills such as levonorgestrel, ulipristal acetate, combined oral contraceptive pills (Yuzpe method, and less commonly, mifepristone. Some options are available over-the-counter, while others require provider prescription or placement. There are no absolute contraindications to the use of emergency contraceptive pills, with the exception of ulipristal acetate and mifepristone. This article reviews the mechanisms of action, efficacy, safety, side effects, clinical considerations, and patient preferences with respect to EC usage. The decision of which regimen to use is influenced by local availability, cost, and patient preference.

Safety assessment for a disposal option of TENORM wastes coming from the electric generation in Cuba

International Nuclear Information System (INIS)

Leyva, Dennys; Gil, Reinaldo; Peralta, Jose L.; Odalys Ramos

2008-01-01

The aim of the present paper was the safety assessment for a disposal option of ashes wastes coming from the electric generation in Cuba. The ashes are planned to be disposed as subsurface layer, covered with soil under controlled conditions. The composition of theses wastes are TENORM ( 226 Ra and 224 Ra) and heavy metals (vanadium, chromium, zinc), therefore, their disposal should accomplish the national and international defined regulations. The adopted safety assessment methodology, allowed the identification and selection of the main scenarios to evaluate, the mathematical models to apply and the comparison against the assessment criteria. According to the assessment context and the site characteristics, the atmospheric and groundwater scenarios were evaluated. During the modelling stage were included the identification of the main exposure pathways and the most relevant assessment processes were modelled (transport of contaminants, radioactive decay, etc.). For atmospheric dispersion, the SCREEN3 model was adopted, including the radioactive decay and other radiological properties. The DRAF model was used for the groundwater scenario. The doses for inhalation, external irradiation and foodstuff ingestion were obtained using several dosimetric models. The results showed that the 226 Ra concentration values were higher than the 228 Ra in the evaluation points, for atmospheric and groundwater scenarios. This behaviour is influenced by the small radioactive inventory, the shorter half life of the 228 Ra and the distance between the disposal site and the evaluation points. The obtained external doses were always below the dose limits for the members of the public and for all scenarios, including the more conservatives. The lower dose (by ingestion) values were associated to the scenarios of radionuclides transport through the geosphere. According the safety assessment and the established scenarios, the evaluated disposal practice does not represent a relevant

Option managing for radioactive metallic waste from the decommissioning of Kori Unit 1

Energy Technology Data Exchange (ETDEWEB)

Kessel, David S.; Kim, Chagn Lak [KEPCO International Nuclear Graduate School (KINGS), Ulsan (Korea, Republic of)

2017-06-15

The purpose of this paper is to evaluate several leading options for the management of radioactive metallic waste against a set of general criteria including safety, cost effectiveness, radiological dose to workers and volume reduction. Several options for managing metallic waste generated from decommissioning are evaluated in this paper. These options include free release, controlled reuse, and direct disposal of radioactive metallic waste. Each of these options may involve treatment of the metal waste for volume reduction by physical cutting or melting. A multi-criteria decision analysis was performed using the Analytic Hierarchy Process (AHP) to rank the options. Melting radioactive metallic waste to produce metal ingots with controlled reuse or free release is found to be the most effective option.

Retrieval options study

International Nuclear Information System (INIS)

1980-03-01

This Retrieval Options Study is part of the systems analysis activities of the Office of Nuclear Waste Isolation to develop the scientific and technological bases for radioactive waste repositories in various geologic media. The study considers two waste forms, high level waste and spent fuel, and defines various classes of waste retrieval and recovery. A methodology and data base are developed which allow the relative evaluation of retrieval and recovery costs and the following technical criteria: safety; technical feasibility; ease of retrieval; probable intact retrieval time; safeguards; monitoring; criticality; and licensability. A total of 505 repository options are defined and the cost and technical criteria evaluated utilizing a combination of facts and engineering judgments. The repositories evaluated are selected combinations of the following parameters: Geologic Media (salt, granite, basalt, shale); Retrieval Time after Emplacement (5 and 25 years); Emplacement Design (nominal hole, large hole, carbon steel canister, corrosion resistant canister, backfill in hole, nominal sleeves, thick wall sleeves); Emplacement Configuration (single vertical, multiple vertical, single horizontal, multiple horizontal, vaults; Thermal Considerations; (normal design, reduced density, once-through ventilation, recirculated ventilation); Room Backfill; (none, run-of-mine, early, 5 year delay, 25 year delay, decommissioned); and Rate of Retrieval;

Identification and characterization of passive safety system and inherent safety feature building blocks for advanced light-water reactors

International Nuclear Information System (INIS)

Forsberg, C.W.

1989-01-01

Oak Ridge National Laboratory (ORNL) is investigating passive and inherent safety options for Advanced Light-Water Reactors (ALWRs). A major activity in 1989 includes identification and characterization of passive safety system and inherent safety feature building blocks, both existing and proposed, for ALWRs. Preliminary results of this work are reported herein. This activity is part of a larger effort by the US Department of Energy, reactor vendors, utilities, and others in the United States to develop improved LWRs. The Advanced Boiling Water Reactor (ABWR) program and the Advanced Pressurized Water Reactor (APWR) program have as goals improved, commercially available LWRs in the early 1990s. The Advanced Simplified Boiling Water Reactor (ASBWR) program and the AP-600 program are developing more advanced reactors with increased use of passive safety systems. It is planned that these reactors will become commercially available in the mid 1990s. The ORNL program is an exploratory research program for LWRs beyond the year 2000. Desired long-term goals for such reactors include: (1) use of only passive and inherent safety, (2) foolproof against operator errors, (3) malevolence resistance against internal sabotage and external assault and (4) walkaway safety. The acronym ''PRIME'' [Passive safety, Resilient operation, Inherent safety, Malevolence resistance, and Extended (walkaway) safety] is used to summarize these desired characteristics. Existing passive and inherent safety options are discussed in this document

Energy options

International Nuclear Information System (INIS)

Hampton, Michael

1999-01-01

This chapter focuses on energy options as a means of managing exposure to energy prices. An intuitive approach to energy options is presented, and traditional definitions of call and put options are given. The relationship between options and swaps, option value and option exercises, commodity options, and option pricing are described. An end-user's guide to energy option strategy is outlined, and straight options, collars, participating swaps and collars, bull and bear spreads, and swaption are examined. Panels explaining the defining of basis risk, and discussing option pricing and the Greeks, delta hedging, managing oil options using the Black-Scholes model, caps, floors and collars, and guidelines on hedging versus speculation with options are included in the paper

International conference on the safety of radioactive waste disposal. Contributed papers

International Nuclear Information System (INIS)

2005-01-01

The objective of the Conference is to foster information exchange on the safety of radioactive waste disposal covering; the choice of appropriate waste disposal options, safety standards, safety cases for presenting safety arguments and demonstrating compliance with standards, safety assessment methodologies and their application, dealing with uncertainty, regulatory review and decision making, the derivation of limits, controls and conditions to be applied to the development and operation of disposal facilities to ensure safety and the communication of safety issues to all interested stakeholders and confidence development. The conference will consider all possible disposal options available, drawing from experience in Member States with near surface and geological disposal facilities and those at intermediate depths and giving consideration to any multilateral approach that may be adopted. Each of the contributed papers is indexed separately

International conference on the safety of radioactive waste disposal. Contributed papers

Energy Technology Data Exchange (ETDEWEB)

NONE

2005-07-01

The objective of the Conference is to foster information exchange on the safety of radioactive waste disposal covering; the choice of appropriate waste disposal options, safety standards, safety cases for presenting safety arguments and demonstrating compliance with standards, safety assessment methodologies and their application, dealing with uncertainty, regulatory review and decision making, the derivation of limits, controls and conditions to be applied to the development and operation of disposal facilities to ensure safety and the communication of safety issues to all interested stakeholders and confidence development. The conference will consider all possible disposal options available, drawing from experience in Member States with near surface and geological disposal facilities and those at intermediate depths and giving consideration to any multilateral approach that may be adopted. Each of the contributed papers is indexed separately.

Systems engineering study: tank 241-C-103 organic skimming,storage, treatment and disposal options

Energy Technology Data Exchange (ETDEWEB)

Klem, M.J.

1996-10-23

This report evaluates alternatives for pumping, storing, treating and disposing of the separable phase organic layer in Hanford Site Tank 241-C-103. The report provides safety and technology based preferences and recommendations. Two major options and several varations of these options were identified. The major options were: 1) transfer both the organic and pumpable aqueous layers to a double-shell tank as part of interim stabilization using existing salt well pumping equipment or 2) skim the organic to an above ground before interim stabilization of Tank 241-C-103. Other options to remove the organic were considered but rejected following preliminary evaluation.

Evaluation of health and safety impacts of defense high-level waste in geologic repositories

International Nuclear Information System (INIS)

Smith, E.D.; Kocher, D.C.; Witherspoon, J.P.

1985-02-01

Pursuant to the requirement of the Nuclear Waste Policy Act of 1982 that the President evaluate the use of commercial high-level waste repositories for the disposal of defense high-level wastes, a comparative assessment has been performed of the potential health and safety impacts of disposal of defense wastes in commercial or defense-only repositories. Simplified models were used to make quantitative estimates of both long- and short-term health and safety impacts of several options for defense high-level waste disposal. The results indicate that potential health and safety impacts are not likely to vary significantly among the different disposal options for defense wastes. Estimated long-term health and safety impacts from all defense-waste disposal options are somewhat less than those from commercial waste disposal, while short-term health and safety impacts appear to be insensitive to the differences between defense and commercial wastes. In all cases, potential health and safety impacts are small because of the need to meet stringent standards promulgated by the US Environmental Protection Agency and the US Nuclear Regulatory Commission. We conclude that health and safety impacts should not be a significant factor in the choice of a disposal option for defense high-level wastes. 20 references, 14 tables

48 CFR 552.217-71 - Notice Regarding Option(s).

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Notice Regarding Option(s... Notice Regarding Option(s). As prescribed in 517.208(b), insert the following provision: Notice Regarding Option(s) (NOV 1992) The General Services Administration (GSA) has included an option to [Insert...

Theoretical aspects of new options of sublevel caving methods

Directory of Open Access Journals (Sweden)

Ladislav Kačmár

2008-12-01

Full Text Available The article deals with the proposal of the SMZ Jelšava a.s. exploitation issue. Author refers to possible options of the new methodsaplication, which rises of the theory of gravity flow loose and blasting rocks. With mentioned methods the safety of exploitation couldbe higher, especially in bigger depths.

Spent fuel storage options: a critical appraisal

International Nuclear Information System (INIS)

Singh, K.P.; Bale, M.G.

1990-01-01

The delayed decisions on nuclear fuel reprocessing strategies in the USA and other countries have forced the development of new long-term irradiated fuel storage techniques, to allow a larger volume of fuel to be held on the nuclear station site after removal from the reactor. The nuclear power industry has responded to the challenge by developing several viable options for long-term onsite storage, which can be employed individually or in tandem. They are: densification of storage in the existing spent fuel pool; building another fuel pool facility at the plant site; onsite cask park, and on site vault clusters. Desirable attributes of a storage option are: Safety: minimise the number of fuel handling steps; Economy: minimise total installed, and O and M cost; Security: protection from anti-nuclear protesters; Site adaptability: available site space, earthquake characteristics of the region and so on; Non-intrusiveness: minimise required modifications to existing plant systems; Modularisation: afford the option to adapt a modular approach for staged capital outlays; and Maturity: extent of industry experience with the technology. A critical appraisal is made of each of the four aforementioned storage options in the light of these criteria. (2 figures, 1 table, 4 references) (Author)

Safety requirements and options for a large size fast neutron reactor

International Nuclear Information System (INIS)

Cogne, F.; Megy, J.; Robert, E.; Benmergui, A.; Villeneuve, J.

1977-01-01

Starting from the experience gained in the safety evaluation of the PHENIX reactor, and from results already obtained in the safety studies on fast neutron reactors, the French regulatory bodies have defined since 1973 what could be the requirements and the recommendations in the matter of safety for the first large size ''prototype'' fast neutron power plant of 1200 MWe. Those requirements and recommendations, while not being compulsory due to the evolution of this type of reactors, will be used as a basis for the technical regulation that will be established in France in this field. They define particularly the care to be taken in the following areas which are essential for safety: the protection systems, the primary coolant system, the prevention of accidents at the core level, the measures to be taken with regard to the whole core accident and to the containment, the protection against sodium fires, and the design as a function of external aggressions. In applying these recommendations, the CREYS-MALVILLE plant designers have tried to achieve redundancy in the safety related systems and have justified the safety of the design with regard to the various involved phenomena. In particular, the extensive research made at the levels of the fuel and of the core instrumentation makes it possible to achieve the best defence to avoid the development of core accidents. The overall examination of the measures taken, from the standpoint of prevention and surveyance as well as from the standpoint of means of action led the French regulatory bodies to propose the construction permit of the CREYS MALVILLE plant, provided that additional examinations by the regulatory bodies be made during the construction of the plant on some technological aspects not fully clarified at the authorization time. The conservatism of the corresponding requirements should be demonstrated prior to the commissioning of the power plant. To pursue a programme on reactors of this type, or even more

Retrieval options study

Energy Technology Data Exchange (ETDEWEB)

1980-03-01

This Retrieval Options Study is part of the systems analysis activities of the Office of Nuclear Waste Isolation to develop the scientific and technological bases for radioactive waste repositories in various geologic media. The study considers two waste forms, high level waste and spent fuel, and defines various classes of waste retrieval and recovery. A methodology and data base are developed which allow the relative evaluation of retrieval and recovery costs and the following technical criteria: safety; technical feasibility; ease of retrieval; probable intact retrieval time; safeguards; monitoring; criticality; and licensability. A total of 505 repository options are defined and the cost and technical criteria evaluated utilizing a combination of facts and engineering judgments. The repositories evaluated are selected combinations of the following parameters: Geologic Media (salt, granite, basalt, shale); Retrieval Time after Emplacement (5 and 25 years); Emplacement Design (nominal hole, large hole, carbon steel canister, corrosion resistant canister, backfill in hole, nominal sleeves, thick wall sleeves); Emplacement Configuration (single vertical, multiple vertical, single horizontal, multiple horizontal, vaults; Thermal Considerations; (normal design, reduced density, once-through ventilation, recirculated ventilation); Room Backfill; (none, run-of-mine, early, 5 year delay, 25 year delay, decommissioned); and Rate of Retrieval; (same as emplacement, variably slower depending on repository/canister condition).

Safety reassessment and life extension

International Nuclear Information System (INIS)

Gouffon, A.

1992-12-01

The safety reassessment policy implemented in France is a means of ensuring that no important point has been overlooked in the continuous safety reassessment process constituted by the integration of operating feedback. It also provides an opportunity for reappraisal of the basic design of a plant and examination of discrepancies between the safety options prevailing when it was built and those currently adopted. After a ten-year operating period, safety reassessment should enable identification of aging effects on structures and equipment, leading to improvement of component servicing and surveillance programs and provision for replacements which could be necessary

Problems in determining the optimal use of road safety measures

DEFF Research Database (Denmark)

Elvik, Rune

2014-01-01

for intervention that ensures maximum safety benefits. The third problem is how to develop policy options to minimise the risk of indivisibilities and irreversible choices. The fourth problem is how to account for interaction effects between road safety measures when determining their optimal use. The fifth......This paper discusses some problems in determining the optimal use of road safety measures. The first of these problems is how best to define the baseline option, i.e. what will happen if no new safety measures are introduced. The second problem concerns choice of a method for selection of targets...... problem is how to obtain the best mix of short-term and long-term measures in a safety programme. The sixth problem is how fixed parameters for analysis, including the monetary valuation of road safety, influence the results of analyses. It is concluded that it is at present not possible to determine...

Fast Spectrum Molten Salt Reactor Options

Energy Technology Data Exchange (ETDEWEB)

Gehin, Jess C [ORNL; Holcomb, David Eugene [ORNL; Flanagan, George F [ORNL; Patton, Bruce W [ORNL; Howard, Rob L [ORNL; Harrison, Thomas J [ORNL

2011-07-01

During 2010, fast-spectrum molten-salt reactors (FS-MSRs) were selected as a transformational reactor concept for light-water reactor (LWR)-derived heavy actinide disposition by the Department of Energy-Nuclear Energy Advanced Reactor Concepts (ARC) program and were the subject of a preliminary scoping investigation. Much of the reactor description information presented in this report derives from the preliminary studies performed for the ARC project. This report, however, has a somewhat broader scope-providing a conceptual overview of the characteristics and design options for FS-MSRs. It does not present in-depth evaluation of any FS-MSR particular characteristic, but instead provides an overview of all of the major reactor system technologies and characteristics, including the technology developments since the end of major molten salt reactor (MSR) development efforts in the 1970s. This report first presents a historical overview of the FS-MSR technology and describes the innovative characteristics of an FS-MSR. Next, it provides an overview of possible reactor configurations. The following design features/options and performance considerations are described including: (1) reactor salt options-both chloride and fluoride salts; (2) the impact of changing the carrier salt and actinide concentration on conversion ratio; (3) the conversion ratio; (4) an overview of the fuel salt chemical processing; (5) potential power cycles and hydrogen production options; and (6) overview of the performance characteristics of FS-MSRs, including general comparative metrics with LWRs. The conceptual-level evaluation includes resource sustainability, proliferation resistance, economics, and safety. The report concludes with a description of the work necessary to begin more detailed evaluation of FS-MSRs as a realistic reactor and fuel cycle option.

Contemplating future energy options

International Nuclear Information System (INIS)

Pooley, D.

2005-01-01

All political parties in the UK accept that we should move away from our reliance on fossil fuels towards a much greater use of alternative energy technologies. Nuclear power is one of these but finds minimal support in the political spectrum. The article reviews the European Commission's Advisory Group on Energy submission to the EC's report entitled 'Key Tasks for European Energy R and D'. The 'strength and weaknesses' of the various 'alternative energy' systems (including nuclear power) are summarised and then the key R and D tasks which, if they are carried out successfully, should make the eight selected technologies significantly more attractive. However, the message here is clear enough: there are no easy options, only a range of very imperfect possibilities, despite what enthusiastic proponents of each may say. Nuclear fission is certainly one of the most attractive options available, but the industry needs to continue to strive to eliminate the possibility of significant off-site releases, whether caused by plant failure or by human error or intention, and to prove beyond reasonable doubt the safety of high-level radioactive waste disposal. (author)

Energy exotic options

International Nuclear Information System (INIS)

Kaminski, V.; Gibner, S.; Pinnamaneni, K.

1999-01-01

This chapter with 88 references focuses on the use of exotic options to control exposure to energy prices. Exotic options are defined, and the conversion of a standard option into an exotic option and pricing models are examined. Pricing and hedging exotic options, path-dependent options, multi-commodity options, options on the minimum-or-maximum of two commodities, compound options, digital options, hybrid and complex structures, and natural gas daily options are described. Formulas for option pricing for vanilla, barrier, compound, options on minimum or maximum of two assets, and look back options are given in an appendix

Women's work... in wood products

Science.gov (United States)

Janice K. Wiedenbeck

1998-01-01

Women have opportunities galore in the 1990s in wood products research, education, extension, consulting,manufacturing, marketing, and associations in North America. In the 1980s the same statement could not have been made.

An open-label Optional Titration Trial to Evaluate the Efficacy ...

African Journals Online (AJOL)

An eight-week open-label optional titration trial to evaluate the efficacy, tolerability and safety of Valsartan 80 mg/ & 160 mg once daily was carried out in patients with mild to moderate essential hypertension at the Lagos University Teaching Hospital. There was a significant reduction in both systolic and diastolic blood ...

Preventing Mitochondrial Diseases: Embryo-Sparing Donor-Independent Options.

Science.gov (United States)

Adashi, Eli Y; Cohen, I Glenn

2018-05-01

Mutant mitochondrial DNA gives rise to a broad range of incurable inborn maladies. Prevention may now be possible by replacing the mutation-carrying mitochondria of zygotes or oocytes at risk with donated unaffected counterparts. However, mitochondrial replacement therapy is being held back by theological, ethical, and safety concerns over the loss of human zygotes and the involvement of a donor. These concerns make it plain that the identification, validation, and regulatory adjudication of novel embryo-sparing donor-independent technologies remains a pressing imperative. This Opinion highlights three emerging embryo-sparing donor-independent options that stand to markedly allay theological, ethical, and safety concerns raised by mitochondrial replacement therapy. Copyright © 2018 Elsevier Ltd. All rights reserved.

Multi-person and multi-attribute design evaluations using evidential reasoning based on subjective safety and cost analyses

International Nuclear Information System (INIS)

Wang, J.; Yang, J.B.; Sen, P.

1996-01-01

This paper presents an approach for ranking proposed design options based on subjective safety and cost analyses. Hierarchical system safety analysis is carried out using fuzzy sets and evidential reasoning. This involves safety modelling by fuzzy sets at the bottom level of a hierarchy and safety synthesis by evidential reasoning at higher levels. Fuzzy sets are also used to model the cost incurred for each design option. An evidential reasoning approach is then employed to synthesise the estimates of safety and cost, which are made by multiple designers. The developed approach is capable of dealing with problems of multiple designers, multiple attributes and multiple design options to select the best design. Finally, a practical engineering example is presented to demonstrate the proposed multi-person and multi-attribute design selection approach

Fulltext PDF

Indian Academy of Sciences (India)

Faculty of Jurisprudence, Senshu University, Chiyoda-ku, Tokyo, 101-8425, Japan. (Email ... passes by without a paper on sexual selection published in journals of ...... the XXVI International Ethological Conference held in Ban- galore, India ...

Life cycle assessment of automobile/fuel options.

Science.gov (United States)

MacLean, Heather L; Lave, Lester B

2003-12-01

We examine the possibilities for a "greener" car that would use less material and fuel, be less polluting, and would have a well-managed end-of-life. Light-duty vehicles are fundamental to our economy and will continue to be for the indefinite future. Any redesign to make these vehicles greener requires consumer acceptance. Consumer desires for large, powerful vehicles have been the major stumbling block in achieving a "green car". The other major barrier is inherent contradictions among social goals such as fuel economy, safety, low emissions of pollutants, and low emissions of greenhouse gases, which has led to conflicting regulations such as emissions regulations blocking sales of direct injection diesels in California, which would save fuel. In evaluating fuel/vehicle options with the potential to improve the greenness of cars [diesel (direct injection) and ethanol in internal combustion engines, battery-powered, gasoline hybrid electric, and hydrogen fuel cells], we find no option dominates the others on all dimensions. The principles of green design developed by Anastas and Zimmerman (Environ. Sci. Technol. 2003, 37, 94A-101A) and the use of a life cycle approach provide insights on the key sustainability issues associated with the various options.

ELFR: The European Lead Fast Reactor. Design, Safety Approach and Safety Characteristics

International Nuclear Information System (INIS)

Alemberti, Alessandro

2012-01-01

• In the framework of the LEADER project, the safety approach for a Lead cooled fast reactor has been defined and, in particular, all the possible challenges to the main safety functions and their mechanisms have been specified, in order to better define the needed provisions. • On the basis of the above and taking into account the results of the safety analyses performed during previous project (ELSY), a reference configuration of the ELFR plant has been consolidated, by improving and updating the plant design features. In particular, the emerged safety concerns have been analyzed in the LEADER project and a new set of design options and safety provisions have been proposed. • The combination of favourable Lead coolant inherent characteristics and plant design features, specifically developed to face identified challenges, resulted in a very robust and forgiving design, even in very extreme conditions, as a Fukushima-like scenario

49 CFR 575.301 - Vehicle Labeling of Safety Rating Information.

Science.gov (United States)

2010-10-01

... providing them with safety rating information developed by NHTSA in its New Car Assessment Program (NCAP..., as specified at 15 U.S.C. 1231-1233. (2) Safety rating label means the label with NCAP safety rating... has approved an optional NCAP test that will cover that category, the manufacturer may depict vehicles...

Applicability of the cost-effectiveness approach for comparison of waste management options

International Nuclear Information System (INIS)

Vuori, S.; Peltonen, E.; Vieno, T.; Vira, J.

1984-01-01

There is an obvious need to consider the achievable level of safety of waste management in view of the costs involved. The feasibility of the cost-effectiveness approach for this purpose is discussed in the framework of practical case studies. The analysis indicates that such an approach has clear benefits, but it also reveals several issues and ambiguities in its application. The waste management alternatives considered include various concepts for the disposal of low- and intermediate-level reactor wastes as well as of the unreprocessed spent fuel. The employed impact indicators describe both the individual and collective risks. In addition, indicators simultaneously giving a perspective into other risks in the society and a means to make a rank ordering of the alternative options are proposed. The cost-effectiveness ratios for collective risks vary in the range of ten to hundreds of millions US $ per man.Sv. The examples considered also indicate that increased costs do not necessarily improve safety. Furthermore, the comparison of the safety of different options requires more sophisticated and realistic models than those employed in the present analyses, because an unbalanced degree of conservatism could result in misleading conclusions. (author)

20 CFR 416.2035 - Optional supplementation: Additional State options.

Science.gov (United States)

2010-04-01

... 20 Employees' Benefits 2 2010-04-01 2010-04-01 false Optional supplementation: Additional State options. 416.2035 Section 416.2035 Employees' Benefits SOCIAL SECURITY ADMINISTRATION SUPPLEMENTAL... § 416.2035 Optional supplementation: Additional State options. (a) Residency requirement. A State or...

Cigeo storage project - Examination of the Safety options file. Meeting of the Experts Permanent Groups for wastes and for laboratories and plants on the 18-19 May 2017

International Nuclear Information System (INIS)

2017-01-01

This document contains a report in two volumes and several appendices with documents issues by other bodies than the IRSN (notably the ASN). The two volumes report a study made on the request of the ASN regarding safety options for the Cigeo project of deep geological storage of nuclear wastes. The first volume proposes a description of the Cigeo project (site, storage architecture, parcels, Cigeo timescale, storage closure, processes implemented within the installations, Cigeo adaptability to inventory evolution, safety functions), addresses the waste parcel inventory (parcel inventory, reference radiological and chemical inventories, storage planning, reserve wastes, spent fuels), presents elements related to the site itself (geological context, natural resources, geo-dynamic characterisation, host rock, hydro-geology of aquifer layers), discusses the evolution of storage components (parcel behaviour after storage closure, evolution of steels, of concretes and of clayey materials). The second volume proposes a detailed overview of the safety approach for the different phases (exploitation, and after closure), proposes an assessment of safety during the exploitation phase (internal risks from nuclear origin, internal aggressions like fire, flooding or explosion, or related to parcel transport and handling, external aggressions like earthquakes, external flooding, and issues related to exploitation effluents and wastes), and proposes a safety assessment after closure (risk analysis for underground installations, and assessment of the global confinement capacity)

Analysis of Options Contract, Option Pricing in Agricultural Products

Directory of Open Access Journals (Sweden)

H. Tamidy

2016-03-01

Full Text Available Introduction: Risk is an essential component in the production and sale of agricultural products. Due to the nature of agricultural products, the people who act in this area including farmers and businesspersons encounter unpredictable fluctuations of prices. On the other hand, the firms that process agricultural products also face fluctuation of price of agricultural inputs. Given that the Canola is considered as one of the inputs of product processing factories, control of unpredictable fluctuations of the price of this product would increase the possibility of correct decision making for farmers and managers of food processing industries. The best available tool for control and management of the price risk is the use of future markets and options. It is evident that the pricing is the main pillar in every trade. Therefore, offering a fair price for the options will be very important. In fact, options trading in the options market create cost insurance stopped. In this way, which can reduce the risks of deflation created in the future, if the person entitled to the benefits of the price increase occurs in the future. Unlike the futures, market where the seller had to deliver the product on time, in the options market, there is no such compulsion. In addition, this is one of the strengths of this option contract, because if there is not enough product for delivery to the futures market as result of chilling, in due course, the farmers suffer, but in the options market there will be a loss. In this study, the setup options of rape, as a product, as well as inputs has been paid for industry. Materials and Methods: In this section. The selection criteria of the disposal of asset base for valuation of European put options and call option is been introduced. That for obtain this purpose, some characteristics of the goods must considered: 1-Unpredictable fluctuations price of underlying asset 2 -large underlying asset cash market 3- The possibility

Comparison between three option, four option and five option multiple choice question tests for quality parameters: A randomized study.

Science.gov (United States)

Vegada, Bhavisha; Shukla, Apexa; Khilnani, Ajeetkumar; Charan, Jaykaran; Desai, Chetna

2016-01-01

Most of the academic teachers use four or five options per item of multiple choice question (MCQ) test as formative and summative assessment. Optimal number of options in MCQ item is a matter of considerable debate among academic teachers of various educational fields. There is a scarcity of the published literature regarding the optimum number of option in each item of MCQ in the field of medical education. To compare three options, four options, and five options MCQs test for the quality parameters - reliability, validity, item analysis, distracter analysis, and time analysis. Participants were 3 rd semester M.B.B.S. students. Students were divided randomly into three groups. Each group was given one set of MCQ test out of three options, four options, and five option randomly. Following the marking of the multiple choice tests, the participants' option selections were analyzed and comparisons were conducted of the mean marks, mean time, validity, reliability and facility value, discrimination index, point biserial value, distracter analysis of three different option formats. Students score more ( P = 0.000) and took less time ( P = 0.009) for the completion of three options as compared to four options and five options groups. Facility value was more ( P = 0.004) in three options group as compared to four and five options groups. There was no significant difference between three groups for the validity, reliability, and item discrimination. Nonfunctioning distracters were more in the four and five options group as compared to three option group. Assessment based on three option MCQs is can be preferred over four option and five option MCQs.

Management options in the food chain for accidental radionuclide deposition

International Nuclear Information System (INIS)

Rantavaara, A.

2005-12-01

Finland with four other countries participated in the European Union's network project FARMING in 2000 - 2004. The aim of the project was to invite participants from each country representing the food supply chain in a stakeholder group and advance with the groups the networking in building preparedness for accidental contamination of the food production systems. The task of the groups was to evaluate the practicability of management options suggested for reduction of radiation exposure through foodstuffs, and for disposal of waste generated in implementation of these options. The criteria for practicability were effectiveness in reduction of radiation exposure through foodstuffs, technical feasibility, capacity, costs for implementation, secondary costs for waste disposal, socio-economic impact, and acceptability concerning ecology and protection of environment and landscape. Practicable management options aimed at sustainable restoration of food production systems after accidental contamination. The Finnish stakeholder group represented farm production, processing industry, food marketing, catering, advisor organisations for households and agriculture, consumers, nature conservation, the media, experts on environmental impact and authorities responsible for production, safety and security of foodstuffs, food supply and feedstuffs. The group was expected to examine the effect of the Finnish, and, also more generally, northern production conditions on the practicability of the suggested management options. The stakeholder group members first familiarized themselves with intervention after accidental contamination of a large milk production area and thereafter with practicability of individual management options. The evaluation was based on the group members' complementary expertise that very well covered the chain 'from field to fork' whether the issue was related to legislation, production methods, logistics, environmental impacts, or the issues of consumers and

Potential new regulatory options for e-cigarettes in New Zealand.

Science.gov (United States)

Wilson, Nick; Edwards, Richard; Hoek, Janet; Thomson, George; Blakely, Tony; van der Deen, Frederieke Sanne; Crane, Julian

2015-11-20

While e-cigarette usage has grown rapidly in New Zealand and around the world, the scientific evidence base regarding the net benefits and risks of these types of products at the population level remains uncertain. The health-based policy experience is also minimal. Here, we analyse plausible future regulatory options for e-cigarettes that the New Zealand Government could explore, and that further research could help clarify. These options include: (1) a full free market (an option we doubt is desirable for multiple reasons); (2) controlled increased access through: (a) pharmacy only, (b) pharmacy only plus sales by prescription/ to licensed vapers; (c) additional controls through non-profit supply/distribution (eg, public hospital pharmacies); (3) increased restrictions compared with current (eg, adopting a complete ban on self-imports and use). In addition, we consider mechanisms to improve product quality and safety, and argue that policy makers should take great care when regulating e-cigarettes, given the scientific uncertainty and the role of commercial vested interests.

Immobilized low-level waste disposal options configuration study

International Nuclear Information System (INIS)

Mitchell, D.E.

1995-02-01

This report compiles information that supports the eventual conceptual and definitive design of a disposal facility for immobilized low-level waste. The report includes the results of a joint Westinghouse/Fluor Daniel Inc. evaluation of trade-offs for glass manufacturing and product (waste form) disposal. Though recommendations for the preferred manufacturing and disposal option for low-level waste are outside the scope of this document, relative ranking as applied to facility complexity, safety, remote operation concepts and ease of retrieval are addressed

Self-disposal option for heat-generating waste - 59182

International Nuclear Information System (INIS)

Ojovan, Michael I.; Poluektov, Pavel P.; Kascheev, Vladimir A.

2012-01-01

Self-descending heat generating capsules can be used for disposal of dangerous radioactive wastes in extremely deep layers of the Earth preventing any release of radionuclides into the biosphere. Self-disposal option for heat-generating radioactive waste such as spent fuel, high level reprocessing waste or spent sealed radioactive sources, known also as rock melting concept, was considered in the 70's as a viable alternative disposal option by both Department of Energy in the USA and Atomic Industry Ministry in the USSR. Self-disposal is currently reconsidered as a potential alternative route to existing options for solving the nuclear waste problem and is associated with the renaissance of nuclear industry. Self- disposal option utilises the heat generated by decaying radionuclides of radioactive waste inside a heavy and durable capsule to melt the rock on its way down. As the heat from radionuclides within the capsule partly melts the enclosing rock, the relatively low viscosity and density of the silicate melt allow the capsule to be displaced upwards past the heavier capsule as it sinks. Eventually the melt cools and solidifies (e.g. vitrifies or crystallizes), sealing the route along which the capsule passed. Descending or self-disposal continues until enough heat is generated by radionuclides to provide partial melting of surrounding rock. Estimates show that extreme depths of several tens and up to hundred km can be reached by capsules which could never be achieved by other techniques. Self- disposal does not require complex and expensive disposal facilities and provides a minimal footprint used only at operational stage. It has also an extremely high non- proliferation character and degree of safety. Utilisation of heat generated by relatively short-lived radionuclides diminishes the environmental uncertainties of self-disposal and increases the safety of this concept. Self-sinking heat-generating capsules could be launched from the bottom of the sea as

Direct and indirect health and safety impacts of electrical generation options

International Nuclear Information System (INIS)

Habegger, L.J.; Gasper, J.R.; Brown, C.D.

1982-01-01

This report is an analysis of the health and safety risks of seven electrical generation systems, all of which have the potential for commercial availability after the year 2000. The systems are compared on the basis of expected public and occupational deaths and lost workdays associated with average unit generation of 1000 MW(e) per year. The risks and associated uncertainties are estimated for all phases of the energy production cycle, including fuel extraction and processing, on-site construction and system operation and maintenance. Also included are the risks of direct and indirect component manufacture, materials production and energy inputs, all of which are major contributors to the risks of the more capital-intensive solar technologies. The potential significance of major health and safety issues that remain largely unquantifiable are also considered. (author)

It’s all about safety signs!

CERN Multimedia

2013-01-01

Their first occurrence may date back to the Egyptian hieroglyphs, but today they can be found everywhere: on our clothes labels as care labels, in train stations and airports to guide us, during the Olympics to identify various sports, on our dashboards, etc.   Safety wise, they are used to indicate a danger, a prohibition, an obligation, a safety exit, firefighting equipment, etc. The HSE Unit has decided to update the 150 safety signs used on the CERN site and, to correspond with this, recently published a Safety Guideline GS-1-0-1, available on the Safety Unit website. The Guideline contains more than 150 safety signs as well as diverse information regarding the meaning of the signs, their location and how to use them. The Guideline will shortly be completed with a new Safety Rule that will replace the former Security Code A3, “Safety colours and safety signs”. Please be informed that you also have the option to create new safety signs, provided that you first g...

The feasibility study I on the blanket fuel options for the ATW/HYPER

Energy Technology Data Exchange (ETDEWEB)

Hwang, Woan; Lee, Byoung Oon; Lee, Bong Sang; Park, Won Seok; Meyer, M.K; Hayes, S.L

2001-01-01

The choice of a blanket fuel cycle technology and the fuel type for HYPER/ATW are important to develop an ADS with better economics, performance and safety. Even though several fuel types have been considered as an alternative of the blanket fuels for HYPER/ATW, the metal alloy and the dispersion fuels were selected as the candidate fuels for ADS, and the technical feasibilities for both fuels are evaluated in this report. General performance characteristics, fabrication abilities, technical aspects, safety aspects, economics, and non-proliferation aspects for each fuel type are reviewed and evaluated. And some technological problems are addressed in this report, focused on the development strategy, the roadmaps, and the flexibility to meet the missions and specific designs. This study has been performed at the first stage of conceptual design. Since it is under the lack of physical properties for each fuel material, no an attempt is made to select the best fuel option, but the more better fuel options are recommended.

The feasibility study I on the blanket fuel options for the ATW/HYPER

International Nuclear Information System (INIS)

Hwang, Woan; Lee, Byoung Oon; Lee, Bong Sang; Park, Won Seok; Meyer, M.K; Hayes, S.L.

2001-01-01

The choice of a blanket fuel cycle technology and the fuel type for HYPER/ATW are important to develop an ADS with better economics, performance and safety. Even though several fuel types have been considered as an alternative of the blanket fuels for HYPER/ATW, the metal alloy and the dispersion fuels were selected as the candidate fuels for ADS, and the technical feasibilities for both fuels are evaluated in this report. General performance characteristics, fabrication abilities, technical aspects, safety aspects, economics, and non-proliferation aspects for each fuel type are reviewed and evaluated. And some technological problems are addressed in this report, focused on the development strategy, the roadmaps, and the flexibility to meet the missions and specific designs. This study has been performed at the first stage of conceptual design. Since it is under the lack of physical properties for each fuel material, no an attempt is made to select the best fuel option, but the more better fuel options are recommended

Compiler issues associated with safety-related software

International Nuclear Information System (INIS)

Feinauer, L.R.

1991-01-01

A critical issue in the quality assurance of safety-related software is the ability of the software to produce identical results, independent of the host machine, operating system, or compiler version under which the software is installed. A study is performed using the VIPRE-0l, FREY-01, and RETRAN-02 safety-related codes. Results from an IBM 3083 computer are compared with results from a CYBER 860 computer. All three of the computer programs examined are written in FORTRAN; the VIPRE code uses the FORTRAN 66 compiler, whereas the FREY and RETRAN codes use the FORTRAN 77 compiler. Various compiler options are studied to determine their effect on the output between machines. Since the Control Data Corporation and IBM machines inherently represent numerical data differently, methods of producing equivalent accuracy of data representation were an important focus of the study. This paper identifies particular problems in the automatic double-precision option (AUTODBL) of the IBM FORTRAN 1.4.x series of compilers. The IBM FORTRAN version 2 compilers provide much more stable, reliable compilation for engineering software. Careful selection of compilers and compiler options can help guarantee identical results between different machines. To ensure reproducibility of results, the same compiler and compiler options should be used to install the program as were used in the development and testing of the program

Book of Abstracts of 9th International Conference: Nuclear Option in Countries with Small and Medium Electricity Grids

International Nuclear Information System (INIS)

2012-01-01

The conference is organized with intention to focus on specific aspects of usage of nuclear energy for electricity production in small and medium countries. Importance of international cooperation for the assessment of the nuclear option has been recognised by the International Atomic Energy Agency (IAEA). As a result of this recognition, the Conference is organized in co-operation with IAEA. Croatian State Office for Radiological and Nuclear Safety and University of Zagreb, Faculty of Electrical Engineering and Computing have also participated in Conference organization. Session topics reflect some current emphasis, such as country energy needs, operation and safety of the operating nuclear power plants. The conference also focuses on the exchange of experience and co-operation in the fields of fuel cycle, radioactive waste management, regulatory practices and liability and insurance for nuclear damage. All contributed papers are grouped in 10 sessions: Energy planning and nuclear option; Power reactors and technologies; Nuclear energy and environment; Operation and maintenance experience; Safety culture; Nuclear safety analyses; Reactor physics and nuclear fuel cycle; Radioactive waste management and decommissioning; Public relations; Regulatory practice and general papers.

Exotic Options: a Chooser Option and its Pricing

Directory of Open Access Journals (Sweden)

Raimonda Martinkutė-Kaulienė

2012-12-01

Full Text Available Financial instruments traded in the markets and investors’ situation in such markets are getting more and more complex. This leads to more complex derivative structures used for hedging that are harder to analyze and which risk is harder managed. Because of the complexity of these instruments, the basic characteristics of many exotic options may sometimes be not clearly understood. Most scientific studies have been focused on developing models for pricing various types of exotic options, but it is important to study their unique characteristics and to understand them correctly in order to use them in proper market situations. The paper examines main aspects of options, emphasizing the variety of exotic options and their place in financial markets and risk management process. As the exact valuation of exotic options is quite difficult, the article deals with the theoretical and practical aspects of pricing of chooser options that suggest a broad range of usage and application in different market conditions. The calculations made in the article showed that the price of the chooser is closely correlated with the choice time and low correlated with its strike price. So the first mentioned factor should be taken into consideration when making appropriate hedging and investing decisions.

Efficacy and Safety of Remifentanil as an Alternative Labor Analgesic

Directory of Open Access Journals (Sweden)

Sandeep Devabhakthuni

2013-01-01

Full Text Available The objective of this review was to evaluate the clinical efficacy and safety of remifentanil in the management of labor pain. Although neuraxial analgesia is the best option during labor, alternative analgesic options are needed for patients with contraindications. Using a systematic literature search, clinical outcomes of remifentanil for labor pain have been summarized. Also, comparisons of remifentanil to other options including meperidine, epidural analgesia, fentanyl, and nitrous oxide are provided. Based on the literature review, remifentanil is associated with high overall maternal satisfaction and favorable side-effect profile. However, due to the low reporting of adverse events, large, randomized controlled trials are needed to evaluate maternal and neonatal safety adequately and determine the optimal dosing needed to provide effective analgesia. While remifentanil is a feasible alternative for patients who cannot or do not want to receive epidural analgesia, administration should be monitored closely for potential adverse effects.

Safety considerations for compressed hydrogen storage systems

International Nuclear Information System (INIS)

Gleason, D.

2006-01-01

An overview of the safety considerations for various hydrogen storage options, including stationary, vehicle storage, and mobile refueling technologies. Indications of some of the challenges facing the industry as the demand for hydrogen fuel storage systems increases. (author)

Computer-simulated safety test of a fink-type roof truss

International Nuclear Information System (INIS)

Afolaxan, J.O.

2003-01-01

The safety of a Fink-type truss system following the BS5950/sup 1/ design requirements is examined. The design point approach of reliability analysis is developed to determine the safety indices for the individual members and the joints which are assumed filet-welded. Consequently, for assumed loading options, the entire system safety indices are reported indicating a need for the re-appraisal of the adopted criteria. (author)

Diabetes management and hypoglycemia in safety sensitive jobs.

Science.gov (United States)

Lee, See-Muah; Koh, David; Chui, Winnie Kl; Sum, Chee-Fang

2011-03-01

The majority of people diagnosed with diabetes mellitus are in the working age group in developing countries. The interrelationship of diabetes and work, that is, diabetes affecting work and work affecting diabetes, becomes an important issue for these people. Therapeutic options for the diabetic worker have been developed, and currently include various insulins, insulin sensitizers and secretagogues, incretin mimetics and enhancers, and alpha glucosidase inhibitors. Hypoglycemia and hypoglycaemic unawareness are important and unwanted treatment side effects. The risk they pose with respect to cognitive impairment can have safety implications. The understanding of the therapeutic options in the management of diabetic workers, blood glucose awareness training, and self-monitoring blood glucose will help to mitigate this risk. Employment decisions must also take into account the extent to which the jobs performed by the worker are safety sensitive. A risk assessment matrix, based on the extent to which a job is considered safety sensitive and based on the severity of the hypoglycaemia, may assist in determining one's fitness to work. Support at the workplace, such as a provision of healthy food options and arrangements for affected workers will be helpful for such workers. Arrangements include permission to carry and consume emergency sugar, flexible meal times, self-monitoring blood glucose when required, storage/disposal facilities for medicine such as insulin and needles, time off for medical appointments, and structured self-help programs.

Radiological Protection Criteria for the Safety of LILW Repository in Croatia

International Nuclear Information System (INIS)

Levanat, I.; Lokner, V.; Subasic, D.

2000-01-01

Preparations for a LILW repository development in Croatia, conducted by APO Hazardous Waste Management Agency, have reached a point where the first safety assessment of the prospective facility is being attempted. For evaluation of the calculated radiological impact in the assessed option of repository development, a set of radiological protection criteria should be included in the definition of the assessment context. The Croatian regulations do not explicitly require that the repository development be supported by such safety assessment process, and do not provide a specific set of radiological criteria intended for the repository assessment which would be suitable for the constrained optimization of protection. For the initial safety assessment iterations of the prospective repository, which will address long term performance of the facility for various design and other safety options, we propose to use relatively simple radiological protection criteria, consisting only of individual dose and risk constraints for the general population. The numerical values for these constraints are established in accordance with the recognized international recommendations and in compliance with all possibly relevant Croatian safety requirements. (author)

French concepts of ''passive safety''

International Nuclear Information System (INIS)

Dennielou, Y.; Serret, M.

1990-01-01

N 4 model, the French 1400 MW PWR of the 90's, exhibits many advanced features. As far as safety is concerned, the fully computerized control room design takes advantage of the operating experience feedback and largely improves the man machine interface. New post-accident procedures have been developed (the so-called ''physical states oriented procedures''). A complete consistent set of ''Fundamental Safety Rules'' have been issued. This however doesn't imply any significant modification of standard PWR with regard to the passive aspects of safety systems or functions. Nevertheless, traditional PWR safety systems largely use passive aspects: natural circulation, reactivity coefficients, gravity driven control rods, injection accumulators, so on. Moreover, probability calculations allow for comparison between the respective contributions of passive and of active failures. In the near future, eventual options of future French PWRs to be commissioned after 2000 will be evaluated; simplification, passive and forgiving aspects of safety systems will be thoroughly considered. (author)

Human Capital Formation during the First Industrial Revolution: Evidence from the Use of Steam Engines

NARCIS (Netherlands)

de Pleijt, Alexandra|info:eu-repo/dai/nl/375805621; Nuvolari, A.; Weisdorf, J.

2016-01-01

This paper explores the effect of technological change on human capital formation during the early phases of England’s Industrial Revolution. Following the methodology used in Franck and Galor (2016), we consider the adoption of steam engines as an indicator of technical change, examining the

Options for the disposal of high-level radioactive waste

International Nuclear Information System (INIS)

Mitchell, N.T.; Laughton, A.S.; Webb, G.A.M.

1977-01-01

The management of radioactive waste within the fuel cycle, especially the high-level wastes from reprocessing of nuclear fuel, is currently a matter of particular concern. In the short term (meaning a timescale of tens of years) management by engineered storage is considered to provide a satisfactory solution. Beyond this, however, the two main alternative options which are considered in the paper are: (a) disposal by burial into geologic formations on land; and (b) disposal by emplacement into or onto the seabed. Status of our present knowledge on the land and seabed disposal options is reviewed together with an assessment of the extent to which their reliability and safety can be judged on presently available information. Further information is needed on the environmental behaviour of radioactivity in the form of solidified waste in both situations in order to provide a more complete, scientific assessment. Work done so far has clarified the areas where further research is most needed - for instance modelling of the environmental transfer processes associated with the seabed option. This is discussed together with an indication of the research programmes which are now being pursued

Safety aspect of long-life small safe power reactors

International Nuclear Information System (INIS)

Zaki, S.; Sekimoto, H.

1995-01-01

Safety aspects of several design options of long-life small safe fast power reactors using nitride fuel and lead-bismuth as coolant are discussed. In the present study hypothetical accidents are simulated for these reactors, i.e., unprotected simultaneous ULOF (total loss of primary pumping system) and UTOP (rod run out transient over power) accidents, caused by the simultaneous withdrawal of all control rods. The proposed designs have some important safety characteristics as low reactivity swing (only 0.2-0.25$), and negative coolant void coefficient over whole burnup period. Effectively negative value of all components of reactivity during an accident is observed. The safety performances of the balance, pancake, and tall slender type of core, each of them satisfy reactivity and negative coolant void coefficient constraint, against the above accident are compared. The simulation results show that all of the design options can survive the above accidents without the help of reactor scram and without the need of operator actions. (author)

Australian Asian Options

OpenAIRE

Manuel Moreno; Javier F. Navas

2003-01-01

We study European options on the ratio of the stock price to its average and viceversa. Some of these options are traded in the Australian Stock Exchange since 1992, thus we call them Australian Asian options. For geometric averages, we obtain closed-form expressions for option prices. For arithmetic means, we use different approximations that produce very similar results.

Safety assessment in plant layout design using indexing approach: Implementing inherent safety perspective

International Nuclear Information System (INIS)

Tugnoli, Alessandro; Khan, Faisal; Amyotte, Paul; Cozzani, Valerio

2008-01-01

Layout planning plays a key role in the inherent safety performance of process plants since this design feature controls the possibility of accidental chain-events and the magnitude of possible consequences. A lack of suitable methods to promote the effective implementation of inherent safety in layout design calls for the development of new techniques and methods. In the present paper, a safety assessment approach suitable for layout design in the critical early phase is proposed. The concept of inherent safety is implemented within this safety assessment; the approach is based on an integrated assessment of inherent safety guideword applicability within the constraints typically present in layout design. Application of these guidewords is evaluated along with unit hazards and control devices to quantitatively map the safety performance of different layout options. Moreover, the economic aspects related to safety and inherent safety are evaluated by the method. Specific sub-indices are developed within the integrated safety assessment system to analyze and quantify the hazard related to domino effects. The proposed approach is quick in application, auditable and shares a common framework applicable in other phases of the design lifecycle (e.g. process design). The present work is divided in two parts: Part 1 (current paper) presents the application of inherent safety guidelines in layout design and the index method for safety assessment; Part 2 (accompanying paper) describes the domino hazard sub-index and demonstrates the proposed approach with a case study, thus evidencing the introduction of inherent safety features in layout design

Disposal of Radioactive Waste. Specific Safety Requirements

International Nuclear Information System (INIS)

2011-01-01

This publication establishes requirements applicable to all types of radioactive waste disposal facility. It is linked to the fundamental safety principles for each disposal option and establishes a set of strategic requirements that must be in place before facilities are developed. Consideration is also given to the safety of existing facilities developed prior to the establishment of present day standards. The requirements will be complemented by Safety Guides that will provide guidance on good practice for meeting the requirements for different types of waste disposal facility. Contents: 1. Introduction; 2. Protection of people and the environment; 3. Safety requirements for planning for the disposal of radioactive waste; 4. Requirements for the development, operation and closure of a disposal facility; 5. Assurance of safety; 6. Existing disposal facilities; Appendices.

Real Options in Capital Budgeting. Pricing the Option to Delay and the Option to Abandon a Project

Directory of Open Access Journals (Sweden)

Nicoleta Vintila

2007-07-01

Full Text Available Traditional discounted cash-flows method for assessing projects assumes that investment decision is an irreversible one, which is not correct. Managers can and must reconsider their initial decision as the new information arises during the project life. This is managerial flexibility and it creates strategic value for a project, only if management takes advantage of the opportunities associated with an analyzed project. Real options represent a new approach in capital budgeting, using the theory of pricing financial options for investments in real assets. In this paper, we emphasize the characteristics and valuation methodologies of real options. The objective in the last section is pricing the option to delay and the option to abandon a project in construction materials field.

Stata 8 Graphics: Options, sub-options and sub-sub-options

OpenAIRE

Tim Collier

2005-01-01

Stata 8 graphics have changed out of all recognition from that available in earlier versions. It was not just that a whole new array of options and sub-options were introduced, but the graph syntax itself completely changed. Just trying to produce a simple plot of x against y using Stata 7 syntax (graph x y) produced bewildering error messages e.g. xgraph_g.new y: class member function not found r(4023) and the like. If you did succeed in working out the new syntax (graph twoway scatter x y) ...

Safety Aspects of Radioactive Waste Management in Different Nuclear Fuel Cycle Policies, a Comparative Study

International Nuclear Information System (INIS)

Gad Allah, A.A.

2009-01-01

With the increasing demand of energy worldwide, and due to the depletion of conventional natural energy resources, energy policies in many countries have been devoted to nuclear energy option. On the other hand, adopting a safe and reliable nuclear fuel cycle concept guarantees future nuclear energy sustain ability is a vital request from environmental and economic point of views. The safety aspects of radioactive waste management in the nuclear fuel cycle is a topic of great importance relevant to public acceptance of nuclear energy and the development of nuclear technology. As a part of nuclear fuel cycle safety evaluation studies in the department of nuclear fuel cycle safety, National Center for Nuclear Safety and Radiation Control (NCNSRC), this study evaluates the radioactive waste management policies and radiological safety aspects of three different nuclear fuel cycle policies. The once-through fuel cycle (OT- fuel cycle) or the direct spent fuel disposal concept for both pressurized light water reactor ( PWR) and pressurized heavy water reactor (PHWR or CANDU) systems and the s elf-generated o r recycling fuel cycle concept in PWR have been considered in the assessment. The environmental radiological safety aspects of different nuclear fuel cycle options have been evaluated and discussed throughout the estimation of radioactive waste generated from spent fuel from these fuel cycle options. The decay heat stored in the spent fuel was estimated and a comparative safety study between the three fuel cycle policies has been implemented

Safety criteria for the future LMFBR's in France and main safety issues for the rapide 1500 project

International Nuclear Information System (INIS)

Justin, F.; Natta, M.; Orzoni, G.

1985-04-01

The main safety criteria for future LMFBR in France and the related issues for the RAPIDE 1500 project are presented and discussed. The evolutions with respect to SUPERPHENIX options and requirements are emphasized, in particular for the concerns of the prevention of core melt accidents, fuel damage limits and related required performances of the protection system, since one main option is not to consider whole core melt accidents in the containment design. One shall also point out the advantages of some mitigating features which were nevertheless added in the containment design, although without any explicit consideration for core melt accidents

Diabetes Management and Hypoglycemia in Safety Sensitive Jobs

Directory of Open Access Journals (Sweden)

See-Muah Lee

2011-03-01

Full Text Available The majority of people diagnosed with diabetes mellitus are in the working age group in developing countries. The interrelationship of diabetes and work, that is, diabetes affecting work and work affecting diabetes, becomes an important issue for these people. Therapeutic options for the diabetic worker have been developed, and currently include various insulins, insulin sensitizers and secretagogues, incretin mimetics and enhancers, and alpha glucosidase inhibitors. Hypoglycemia and hypoglycaemic unawareness are important and unwanted treatment side effects. The risk they pose with respect to cognitive impairment can have safety implications. The understanding of the therapeutic options in the management of diabetic workers, blood glucose awareness training, and self-monitoring blood glucose will help to mitigate this risk. Employment decisions must also take into account the extent to which the jobs performed by the worker are safety sensitive. A risk assessment matrix, based on the extent to which a job is considered safety sensitive and based on the severity of the hypoglycaemia, may assist in determining one's fitness to work. Support at the workplace, such as a provision of healthy food options and arrangements for affected workers will be helpful for such workers. Arrangements include permission to carry and consume emergency sugar, flexible meal times, self-monitoring blood glucose when required, storage/disposal facilities for medicine such as insulin and needles, time off for medical appointments, and structured self-help rogams.

Safety, Efficacy, and Patient Acceptability of Everolimus in the Treatment of Breast Cancer.

Science.gov (United States)

Lousberg, Laurence; Jerusalem, Guy

2016-01-01

Everolimus combined with exemestane is an important treatment option for patients suffering from estrogen receptor-positive, human epidermal growth factor receptor 2-negative, advanced breast cancer (ABC) who have been previously treated with a nonsteroidal aromatase inhibitor (NSAI). After presentation of phase III registration trial BOLERO-2, several phase IIIb trials have been started to evaluate this regimen in a more real-world setting. Here, we review the efficacy and safety data published or presented at selected international meetings. These studies confirmed the outcome observed in the BOLERO-2 trial. Patient acceptance rate is also discussed by focusing on the permanent everolimus discontinuation rate in these trials. Factors influencing the safety profile are also reported, including the impact of age. The optimal sequence of combined therapy approaches associating targeted and endocrine therapy (ET) has yet to be determined as new treatment options such as cyclin-dependent kinase inhibitors become available. However, everolimus-exemestane remains an important treatment option with a major impact on progression-free survival (PFS) and an acceptable safety profile.

The syndrome of inappropriate antidiuretic hormone: current and future management options.

LENUS (Irish Health Repository)

Sherlock, Mark

2010-06-01

Hyponatraemia is the commonest electrolyte abnormality, and syndrome of inappropriate antidiuretic hormone (SIADH) is the most frequent underlying pathophysiology. Hyponatraemia is associated with significant morbidity and mortality, and as such appropriate treatment is essential. Treatment options for SIADH include fluid restriction, demeclocycline, urea, frusemide and saline infusion, all of which have their limitations. The introduction of the vasopressin-2 receptor antagonists has allowed clinicians to specifically target the underlying pathophysiology of SIADH. Initial studies have shown good efficacy and safety profiles in the treatment of mild to moderate hyponatraemia. However, studies assessing the efficacy and safety of these agents in acute severe symptomatic hyponatraemia are awaited. Furthermore, the cost of these agents at present may limit their use.

ACCOUNTING FOR OPTIONS AND ANALYSIS OF USE OF OPTION COMBINATION STRATEGIES

Directory of Open Access Journals (Sweden)

I. Derun

2016-08-01

Full Text Available The article deals with problems of accounting for options in Ukraine, namely: value expression of initial cost of options, their revaluation, accounting of premiums, financial assets and financial liabilities and variation margin. The paper offers ways of solution of these problems which based on harmonization with IAS 32, IAS 39, IFRS 7 and IFRS 9. The study considers option combination strategies (straddle, strangle, strap, strip and approaches of identification of possible financial results for investors which use these strategies. Examples of possible financial results are provided for buyers and sellers of options which use option combination strategies.

Sustainability likelihood of remediation options for metal-contaminated soil/sediment.

Science.gov (United States)

Chen, Season S; Taylor, Jessica S; Baek, Kitae; Khan, Eakalak; Tsang, Daniel C W; Ok, Yong Sik

2017-05-01

Multi-criteria analysis and detailed impact analysis were carried out to assess the sustainability of four remedial alternatives for metal-contaminated soil/sediment at former timber treatment sites and harbour sediment with different scales. The sustainability was evaluated in the aspects of human health and safety, environment, stakeholder concern, and land use, under four different scenarios with varying weighting factors. The Monte Carlo simulation was performed to reveal the likelihood of accomplishing sustainable remediation with different treatment options at different sites. The results showed that in-situ remedial technologies were more sustainable than ex-situ ones, where in-situ containment demonstrated both the most sustainable result and the highest probability to achieve sustainability amongst the four remedial alternatives in this study, reflecting the lesser extent of off-site and on-site impacts. Concerns associated with ex-situ options were adverse impacts tied to all four aspects and caused by excavation, extraction, and off-site disposal. The results of this study suggested the importance of considering the uncertainties resulting from the remedial options (i.e., stochastic analysis) in addition to the overall sustainability scores (i.e., deterministic analysis). The developed framework and model simulation could serve as an assessment for the sustainability likelihood of remedial options to ensure sustainable remediation of contaminated sites. Copyright © 2017 Elsevier Ltd. All rights reserved.

Brent Spar abandonment - Best Practicable Environmental Option (BPEO) assessment

International Nuclear Information System (INIS)

1994-12-01

Possible methods of abandoning or re-using the Brent Spar storage and tanker offloading facility following its decommissioning in 1991 are discussed. The report assesses six of the thirteen possible methods, including horizontal dismantling and onshore disposal, vertical dismantling and onshore disposal, in-field disposal, deep water disposal, refurbishment and re-use, and continued maintenance, in order to determine the Best Practicable Environmental Option (BPEO). The BPEO covers technical feasibility risks to health and safety of the work force, environmental impacts, public acceptability and costs. (UK)

Food Safety and Nutrition Information for Kids and Teens

Science.gov (United States)

... Vaccines, Blood & Biologics Animal & Veterinary Cosmetics Tobacco Products Food Home Food Resources for You Consumers Kids & Teens ... More sharing options Linkedin Pin it Email Print Food Safety & Nutrition Information for Kids and Teens Fun & ...

Rehabilitation Options

Science.gov (United States)

... Speech Pathology Occupational Therapy Art Therapy Recreational therapy Neuropsychology Home Care Options Advanced Care Planning Palliative Care ... Speech Pathology Occupational Therapy Art Therapy Recreational therapy Neuropsychology Home Care Options Advanced Care Planning Palliative Care ...

5 CFR 870.705 - Amount and election of Option B and Option C.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Amount and election of Option B and Option C. 870.705 Section 870.705 Administrative Personnel OFFICE OF PERSONNEL MANAGEMENT (CONTINUED... Compensationers § 870.705 Amount and election of Option B and Option C. (a) The number of multiples of Option B...

French PWR Safety Philosophy

International Nuclear Information System (INIS)

Conte, M. M.

1986-01-01

The first 900 MWe units, built under the American Westinghouse licence and with reference to the U. S. regulation, were followed by 28 standardized units, C P1 and C P2 series. Increasing knowledge and lessons learned from starting and operating experience of French nuclear power plants, completed by the experience learned from the operation of foreign reactors, has contributed to the improvement of French PWR design and safety philosophy. As early as 1976, this experience was taken into account by French Safety organisms to discuss, with Electricite de France, the safety options for the planned 1300 MWe units, P4 and P4 series. In 1983, the new reactor scheduled, Ni4 series 1400 MWe, is a totally French design which satisfies the French regulations and other French standards and codes. Based on a deterministic approach, the French safety analysis was progressively completed by a probabilistic approach each of them having possibilities and limits. Increasing knowledge and lessons learned from operating experience have contributed to the French safety philosophy improvement. The methodology now applied to safety evaluation develops a new facet of the in depth defense concept by taking highly unlikely events into consideration, by developing the search of safety consistency of the design, and by completing the deterministic approach by the probabilistic one

The Amnesiac Lookback Option: Selectively Monitored Lookback Options and Cryptocurrencies

Directory of Open Access Journals (Sweden)

Ho-Chun Herbert Chang

2018-05-01

Full Text Available This study proposes a strategy to make the lookback option cheaper and more practical, and suggests the use of its properties to reduce risk exposure in cryptocurrency markets through blockchain enforced smart contracts and correct for informational inefficiencies surrounding prices and volatility. This paper generalizes partial, discretely-monitored lookback options that dilute premiums by selecting a subset of specified periods to determine payoff, which we call amnesiac lookback options. Prior literature on discretely-monitored lookback options considers the number of periods and assumes equidistant lookback periods in pricing partial lookback options. This study by contrast considers random sampling of lookback periods and compares resulting payoff of the call, put and spread options under floating and fixed strikes. Amnesiac lookbacks are priced with Monte Carlo simulations of Gaussian random walks under equidistant and random periods. Results are compared to analytic and binomial pricing models for the same derivatives. Simulations show diminishing marginal increases to the fair price as the number of selected periods is increased. The returns correspond to a Hill curve whose parameters are set by interest rate and volatility. We demonstrate over-pricing under equidistant monitoring assumptions with error increasing as the lookback periods decrease. An example of a direct implication for event trading is when shock is forecasted but its timing uncertain, equidistant sampling produces a lower error on the true maximum than random choice. We conclude that the instrument provides an ideal space for investors to balance their risk, and as a prime candidate to hedge extreme volatility. We discuss the application of the amnesiac lookback option and path-dependent options to cryptocurrencies and blockchain commodities in the context of smart contracts.

Analysis of economics and safety to cope with station blackout in PWR

International Nuclear Information System (INIS)

Al Shehhi, Ahmed Saeed; Chang, Soon Heung; Kim, Sang Ho; Kang, Hyun Gook

2013-01-01

Highlights: • Proposed framework covers all aspects of very complicated decision making. • We addressed the various options against SBO. • Emergency water supply through the steam generator hookup was considered. • Optimal testing interval of EDG was determined in various design options. • Effect of risk aversion factor on decision making was quantitatively illustrated. - Abstract: Design and operation options that can reduce both the initiating event frequency and the accident mitigation probability were addressed in an integrated framework to cope with station blackout. The safety, engineering cost, water delivery cost and testing/maintenance cost of each option were quantitatively evaluated to calculate the cost variation and to find an optimal point in the reference reactor, OPR1000. Design variables that represent additional emergency water supply, diverse emergency diesel generator, and surveillance test period modification were investigated. Based on these design variables, we applied the developed formula to quantify cost items, which were presented as changes of the economics and the safety. A case study was provided to illustrate the change of the total cost. Different risk aversion factors that represent different attitudes of the public were also investigated. The result shows that the costs and benefits of various complicated options can be effectively addressed with the proposed risk-informed decision making framework

A comparative review of the options for treatment of erectile dysfunction: which treatment for which patient?

Science.gov (United States)

Hatzimouratidis, Konstantinos; Hatzichristou, Dimitrios G

2005-01-01

The field of erectile dysfunction (ED) has been revolutionised over the last two decades. Several treatment options are available today, most of which are associated with high efficacy rates and favourable safety profiles. A MEDLINE search was undertaken in order to evaluate all currently available data on treatment modalities for ED. Phosphodiesterase type 5 (PDE5) inhibitors (sildenafil, tadalafil, vardenafil) are currently the first-choice of most physicians and patients for the treatment of ED. PDE5 inhibitors have differences in their pharmacological profiles, the most obvious being the long duration of action of tadalafil, but there are no data supporting superiority for any one of them in terms of efficacy or safety. Sublingual apomorphine has limited efficacy compared with the PDE5 inhibitors, and its use is limited to patients with mild ED. Treatment failures with oral drugs may be due to medication, clinician and patient issues. The physician needs to address all of these issues in order to identify true treatment failures. Patients who are truly unresponsive to oral drugs may be offered other treatment options.Intracavernous injections of alprostadil alone, or in combination with other vasoactive agents (papaverine and phentolamine), remain an excellent treatment option, with proven efficacy and safety over time. Topical pharmacotherapy is appealing in nature, but currently available formulations have limited efficacy. Vacuum constriction devices may be offered mainly to elderly patients with occasional intercourse attempts, as younger patients show limited preference because of the unnatural erection that is associated with this treatment modality. Penile prostheses are generally the last treatment option offered, because of invasiveness, cost and non-reversibility; however, they are associated with high satisfaction rates in properly selected patients. All treatment options are associated with particular strengths and weaknesses. A patient

Circuit of synchronous logic for the transmission of safety commands

International Nuclear Information System (INIS)

Uberschlag, J.

1969-01-01

The author reports the development of a control-command circuit for the transmission of binary commands related to the safety of nuclear reactors. He presents the main design criteria (operation safety, provided safety level, flexibility, technical adaptation), the definition of the operation principle (inputs, logical outputs), the properties of a logic system. He evokes redundancy issues, and presents the system structure, proposes a possible sketch of the logic circuit. He describes the possible options for intermediate circuits and logic outputs, and tests to be performed

The option to expand a project: its assessment with the binomial options pricing model

Directory of Open Access Journals (Sweden)

Salvador Cruz Rambaud

Full Text Available Traditional methods of investment appraisal, like the Net Present Value, are not able to include the value of the operational flexibility of the project. In this paper, real options, and more specifically the option to expand, are assumed to be included in the project information in addition to the expected cash flows. Thus, to calculate the total value of the project, we are going to apply the methodology of the Net Present Value to the different scenarios derived from the existence of the real option to expand. Taking into account the analogy between real and financial options, the value of including an option to expand is explored by using the binomial options pricing model. In this way, estimating the value of the option to expand is a tool which facilitates the control of the uncertainty element implicit in the project. Keywords: Real options, Option to expand, Binomial options pricing model, Investment project appraisal

Performance and economic penalties of some LEU [low enriched uranium] conversion options for the Australian Reactor HIFAR

International Nuclear Information System (INIS)

McCulloch, D.B.; Robinson, G.S.

1987-01-01

Performance calculations for the conversion of HIFAR to low enriched uranium (LEU) fuel have been extended to a wide range of 235 U loadings per fuel element. Using a simple approximate algorithm for the likely costs of LEU compared with highly enriched uranium (HEU) fuel elements, the increases in annual fuelling costs for LEU compared with HEU fuel are examined for a range of conversion options involving different performance penalties. No significant operational/safety problems were found for any of the options canvassed. (Author)

Options Assessment Report: Treatment of Nitrate Salt Waste at Los Alamos National Laboratory

Energy Technology Data Exchange (ETDEWEB)

Robinson, Bruce Alan [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Stevens, Patrice Ann [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

2015-12-17

This report documents the methodology used to select a method of treatment for the remediated nitrate salt (RNS) and unremediated nitrate salt (UNS) waste containers at Los Alamos National Laboratory (LANL). The method selected should treat the containerized waste in a manner that renders the waste safe and suitable for transport and final disposal in the Waste Isolation Pilot Plant (WIPP) repository, under specifications listed in the WIPP Waste Acceptance Criteria (DOE/CBFO, 2013). LANL recognizes that the results must be thoroughly vetted with the New Mexico Environment Department (NMED) and that a modification to the LANL Hazardous Waste Facility Permit is a necessary step before implementation of this or any treatment option. Likewise, facility readiness and safety basis approvals must be received from the Department of Energy (DOE). This report presents LANL’s preferred option, and the documentation of the process for reaching the recommended treatment option for RNS and UNS waste, and is presented for consideration by NMED and DOE.

Options assessment report: Treatment of nitrate salt waste at Los Alamos National Laboratory

Energy Technology Data Exchange (ETDEWEB)

Robinson, Bruce Alan [Los Alamos National Lab. (LANL), Los Alamos, NM (United States); Stevens, Patrice Ann [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

2015-09-16

This report documents the methodology used to select a method of treatment for the remediated nitrate salt (RNS) and unremediated nitrate salt (UNS) waste containers at Los Alamos National Laboratory (LANL). The method selected should treat the containerized waste in a manner that renders the waste safe and suitable for transport and final disposal in the Waste Isolation Pilot Plant (WIPP) repository, under specifications listed in the WIPP Waste Acceptance Criteria (DOE/CBFO, 2013). LANL recognized that the results must be thoroughly vetted with the New Mexico Environment Department (NMED) and the a modification to the LANL Hazardous Waste Facility Permit is a necessary step before implementation of this or any treatment option. Likewise, facility readiness and safety basis approvals must be received from the Department of Energy (DOE). This report presents LANL's preferred option, and the documentation of the process for reaching the recommended treatment option for RNS and UNS waste, and is presented for consideration by NMED and DOE.

Overview of Risk Mitigation for Safety-Critical Computer-Based Systems

Science.gov (United States)

Torres-Pomales, Wilfredo

2015-01-01

This report presents a high-level overview of a general strategy to mitigate the risks from threats to safety-critical computer-based systems. In this context, a safety threat is a process or phenomenon that can cause operational safety hazards in the form of computational system failures. This report is intended to provide insight into the safety-risk mitigation problem and the characteristics of potential solutions. The limitations of the general risk mitigation strategy are discussed and some options to overcome these limitations are provided. This work is part of an ongoing effort to enable well-founded assurance of safety-related properties of complex safety-critical computer-based aircraft systems by developing an effective capability to model and reason about the safety implications of system requirements and design.

Traffic Light Options

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte

This paper introduces, prices, and analyzes traffic light options. The traffic light option is an innovative structured OTC derivative developed independently by several London-based investment banks to suit the needs of Danish life and pension (L&P) companies, which must comply with the traffic...... 2006, and supervisory authorities in many other European countries have implemented similar regulation. Traffic light options are therefore likely to attract the attention of a wider audience of pension fund managers in the future. Focusing on the valuation of the traffic light option we set up a Black...... light scenarios. These stress scenarios entail drops in interest rates as well as in stock prices, and traffic light options are thus designed to pay off and preserve sufficient capital when interest rates and stock prices fall simultaneously. Sweden's FSA implemented a traffic light system in January...

Traffic Light Options

DEFF Research Database (Denmark)

Jørgensen, Peter Løchte

2007-01-01

This paper introduces, prices, and analyzes traffic light options. The traffic light option is an innovative structured OTC derivative developed independently by several London-based investment banks to suit the needs of Danish life and pension (L&P) companies, which must comply with the traffic...... 2006, and supervisory authorities in many other European countries have implemented similar regulation. Traffic light options are therefore likely to attract the attention of a wider audience of pension fund managers in the future. Focusing on the valuation of the traffic light option we set up a Black...... light scenarios. These stress scenarios entail drops in interest rates as well as in stock prices, and traffic light options are thus designed to pay off and preserve sufficient capital when interest rates and stock prices fall simultaneously. Sweden's FSA implemented a traffic light system in January...

An environmental perspective on Lithuania's energy options

International Nuclear Information System (INIS)

Banks, A.; Todd, J.

1995-01-01

The views of experts on Lithuania's energy options are reviewed. On the one hand, nuclear energy is seen as an island of stability in the power industry in the conditions of economic crisis, and some decision-makers believe that Lithuania cannot survive without nuclear. On the other hand, the Ignalina NPP is the largest Chernobyl-type RBMK plant within the former Soviet Union, posing a dangerous environmental hazard to the Baltic Sea region, and no upgrading seems to be capable of bringing the reactors up to the safety standards of today's Western reactors. Many experts believe that the only solution is to shut the reactors down as soon as possible. (P.A.) 33 refs

Risk factors for fatigue in shipping, the consequences for seafarers’ health and options for preventive intervention

DEFF Research Database (Denmark)

Jepsen, Jørgen Riis; Zhao, Zhiwei; Pekcan, Claire

2017-01-01

fatigue. A literature study was conducted aimed at collecting publications that address risk factors for fatigue, short-term and long-term consequences for health and safety, and options for fatigue mitigation at sea. Due to the limited number of publications that deal with seafarers, experiences from...

The origins of options.

Science.gov (United States)

Smaldino, Paul E; Richerson, Peter J

2012-01-01

Most research on decision making has focused on how human or animal decision makers choose between two or more options, posed in advance by the researchers. The mechanisms by which options are generated for most decisions, however, are not well understood. Models of sequential search have examined the trade-off between continued exploration and choosing one's current best option, but still cannot explain the processes by which new options are generated. We argue that understanding the origins of options is a crucial but untapped area for decision making research. We explore a number of factors which influence the generation of options, which fall broadly into two categories: psycho-biological and socio-cultural. The former category includes factors such as perceptual biases and associative memory networks. The latter category relies on the incredible human capacity for culture and social learning, which doubtless shape not only our choices but the options available for choice. Our intention is to start a discussion that brings us closer toward understanding the origins of options.

Determining ''Best Practicable Environmental Options'' for final waste disposal of radioactive waste

International Nuclear Information System (INIS)

Smith, Graham

1999-01-01

This presentation discusses some ideas on what the Best Practical Environmental Option (BPEO) process should include. A BPEO study to help develop a radioactive waste management strategy should not only look at post-closure safety of a facility. In the UK there was a 1986 Study of BPEOs for management of low and intermediate level radioactive wastes. This study tried to answer important questions such as (1) What are the practical options, (2) Which wastes should go to shallow burial, (3) Which wastes should go to sea disposal, (4) How does storage compare with disposal and (5) What are the cost and environmental trade-offs. The presentation discusses what was done to answer the questions. The BPEO Study resulted in major improved effort to characterise waste, much greater quantitative understanding of where and when the real costs, and environmental and radiological impacts arise. All options would be useful within a national strategy. But there was clearly a need for resolution of political acceptance problems, integration of policy with other hazardous waste management, and stronger legal framework

Options with Extreme Strikes

Directory of Open Access Journals (Sweden)

Lingjiong Zhu

2015-07-01

Full Text Available In this short paper, we study the asymptotics for the price of call options for very large strikes and put options for very small strikes. The stock price is assumed to follow the Black–Scholes models. We analyze European, Asian, American, Parisian and perpetual options and conclude that the tail asymptotics for these option types fall into four scenarios.

Status of feasibility study for various technical options of FBR systems

International Nuclear Information System (INIS)

Kani, Yoshio

2000-01-01

JNC (Japan Nuclear Cycle Development Institute) has started a new research project of feasibility studies (F/S) for a wide variety option of fast breeder reactor (FBR) and related fuel cycle in order to develop an economically competitive FBR cycle system fro commercialization. JNC and the electric untilities in Japan have established a new organization in JNC to perform the F/S since July 1, 1999. The organization has undertaken feasibility studies (F/S) in order to determine promising FBR cycle concepts and define necessary RandD tasks. The long-term targets of commercialized FBR cycle system are set as ensuring safety, economic competitiveness relative to future LWRs, efficient utilization of resources, reduction in environmental burden, and enhancement of nuclear non-proliferation. This paper describes the progress of design studies for a wide variety of technical options of FBR plants in the framework of the F/S. We make efforts towards considering all key issues so as not to fail to notice the best concept in a commercialized stage. In the study of technical options, the identified coolant types are sodium, heavy metal (lead and lead-bismuth), gas (carbon dioxide and helium ) and water (boiling water, pressurized water and supercritical water). The classified types of fuel are mixed oxide, nitride and metal. Design studies of small size modular plant concepts are also performed. We study many reactor concepts in combination with a coolant type and a fuel type, understand characteristics of each reactor concept based on our experience and an extensive survey of literature, and make a draft design of each reactor concept for rough estimation of construction costs. We also check how far the concept accomplishes each index (safety, economy, resource utilization, etc.) of design requirements, and will select several promising reactor concepts. (author)

Safety assessment in plant layout design using indexing approach: Implementing inherent safety perspective

International Nuclear Information System (INIS)

Tugnoli, Alessandro; Khan, Faisal; Amyotte, Paul; Cozzani, Valerio

2008-01-01

The design of layout plans requires adequate assessment tools for the quantification of safety performance. The general focus of the present work is to introduce an inherent safety perspective at different points of the layout design process. In particular, index approaches for safety assessment and decision-making in the early stages of layout design are developed and discussed in this two-part contribution. Part 1 (accompanying paper) of the current work presents an integrated index approach for safety assessment of early plant layout. In the present paper (Part 2), an index for evaluation of the hazard related to the potential of domino effects is developed. The index considers the actual consequences of possible escalation scenarios and scores or ranks the subsequent accident propagation potential. The effects of inherent and passive protection measures are also assessed. The result is a rapid quantification of domino hazard potential that can provide substantial support for choices in the early stages of layout design. Additionally, a case study concerning selection among various layout options is presented and analyzed. The case study demonstrates the use and applicability of the indices developed in both parts of the current work and highlights the value of introducing inherent safety features early in layout design

The safety of bone allografts used in dentistry: a review.

Science.gov (United States)

Holtzclaw, Dan; Toscano, Nicholas; Eisenlohr, Lisa; Callan, Don

2008-09-01

Recent media reports concerning "stolen body parts" have shaken the public's trust in the safety of and the use of ethical practices involving human allografts. The authors provide a comprehensive review of the safety aspects of human bone allografts. The authors reviewed U.S. government regulations, industry standards, independent industry association guidelines, company guidelines and scientific articles related to the use of human bone allografts in the practice of dentistry published in the English language. The use of human bone allografts in the practice of dentistry involves the steps of procurement, processing, use and tracking. Rigorous donor screening and aseptic proprietary processing programs have rendered the use of human bone allografts safe and effective as a treatment option. When purchasing human bone allografts for the practice of dentistry, one should choose products accredited by the American Association of Tissue Banks for meeting uniformly high safety and quality control measures. Knowledge of human bone allograft procurement, processing, use and tracking procedures may allow dental clinicians to better educate their patients and address concerns about this valuable treatment option.

Book of Abstracts of 7th International Conference on Nuclear Option in Countries with Small and Medium Electricity Grids

Energy Technology Data Exchange (ETDEWEB)

Cavlina, N; Pevec, D; Bajs, T

2008-07-01

The conference is organized with intention to focus on specific aspects of usage of nuclear energy for electricity production in small and medium countries. Importance of international cooperation for the assessment of the nuclear option has been recognised by the International Atomic Energy Agency (IAEA). As a result of this recognition, the Conference is organized in co-operation with IAEA. Session topics reflect some current emphasis, such as country energy needs, accommodation on Kyoto restriction on CO{sub 2} emission, new reactor technologies, operation and safety of the operating nuclear power plants. The conference also focuses on the exchange of experience and co-operation in the fields of fuel cycle, radioactive waste management, regulatory practices and liability and insurance for nuclear damage. All contributed papers are grouped in 10 sessions: Energy planning and nuclear option; Power reactors and technologies; Operation and maintenance experience; Safety culture; Nuclear safety analyses; Reactor physics and nuclear fuel cycle; Radioactive waste management and decommissioning; Public relation; Regulatory practice; Liability and insurance for nuclear damage.

Book of Abstracts of 7th International Conference on Nuclear Option in Countries with Small and Medium Electricity Grids

International Nuclear Information System (INIS)

Cavlina, N.; Pevec, D.; Bajs, T.

2008-01-01

The conference is organized with intention to focus on specific aspects of usage of nuclear energy for electricity production in small and medium countries. Importance of international cooperation for the assessment of the nuclear option has been recognised by the International Atomic Energy Agency (IAEA). As a result of this recognition, the Conference is organized in co-operation with IAEA. Session topics reflect some current emphasis, such as country energy needs, accommodation on Kyoto restriction on CO 2 emission, new reactor technologies, operation and safety of the operating nuclear power plants. The conference also focuses on the exchange of experience and co-operation in the fields of fuel cycle, radioactive waste management, regulatory practices and liability and insurance for nuclear damage. All contributed papers are grouped in 10 sessions: Energy planning and nuclear option; Power reactors and technologies; Operation and maintenance experience; Safety culture; Nuclear safety analyses; Reactor physics and nuclear fuel cycle; Radioactive waste management and decommissioning; Public relation; Regulatory practice; Liability and insurance for nuclear damage

Treatment Options for Retinoblastoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other places in the body. Treatment Option Overview Key Points There are different types of ...

Polish Toxic Currency Options

Directory of Open Access Journals (Sweden)

Waldemar Gontarski

2009-06-01

Full Text Available Toxic currency options are defined on the basis of the opposition to the nature (essence of an option contract, which is justified in terms of norms founded on the general law clause of characteristics (nature of a relation (which represents an independent premise for imposing restrictions on the freedom of contracts. So-understood toxic currency options are unlawful. Indeed they contravene iuris cogentis regulations. These include for instance option contracts, which are concluded with a bank, if the bank has not informed about option risk before concluding the contract; or the barrier options, which focus only on the protection of bank’s interests. Therefore, such options may appear to be invalid. Therefore, performing contracts for toxic currency options may be qualified as a criminal mismanagement. For the sake of security, the manager should then take into consideration filing a claim for stating invalidity (which can be made in a court verdict. At the same time, if the supervisory board member in a commercial company, who can also be a subject to mismanagement offences, commits an omission involving lack of reaction (for example, if he/she fails to notify of the suspected offence committed by the management board members acting to the company’s detriment when the management board makes the company conclude option contracts which are charged with absolute invalidity the supervisory board member so acting may be considered to act to the company’s detriment. In the most recent Polish jurisprudence and judicature the standard of a “good host” is treated to be the last resort for determining whether the manager’s powers resulting from criminal regulations were performed. The manager of the exporter should not, as a rule, issue any options. Issuing options always means assuming an obligation. In the case of currency put options it is an absolute obligation to purchase a given amount in euro at exchange rate set in advance. On the

Regulations of 19 August 1978 on the optional principles of the Nuclear Safety Committee

International Nuclear Information System (INIS)

1978-01-01

These regulations were published in the Turkish Official Gazette of 19 August 1978 and were made pursuant to Decree no. 7/9141 of 1975 on licensing of nuclear installations which established the Nuclear Safety Committee. They determine the duties and responsibilities of the Committee, its qualifications, its operating principles and its relations with the Nuclear Safety Assistance Service set up in the Turkish Atomic Energy Commission for the purposes of assisting its Secretary General. The regulations also lay down the procedures to be applied for consultations on granting licences. (NEA) [fr

Proceedings of the International Conference: Nuclear option in countries with small and medium electricity grid

Energy Technology Data Exchange (ETDEWEB)

NONE

1999-12-31

The conference of Croatian Nuclear Society ``Nuclear option in countries with small and medium electricity grid`` is based on experience from last conference of Croatian Nuclear Society in Opatija and on the same philosophy of serving the needs of small or medium present or future user countries. Session topics reflect some current emphasis, such as accommodation of Kyoto restriction on CO{sub 2} emission, or liability and insurance for nuclear damage. In order to achieve best safety and operational standards these countries with limited human and material resources must put greater emphasis on their rational and efficient use. Consequently the world wide developments on innovative reactors` systems and improved concepts for fuel utilisation and waste disposal are substantial interest. Appropriate selections of reactor technology, fuel cycle and decommission strategies are of paramount importance. There are very successful examples of achieving safety and good operational records, so the exchange of experience and cooperation amongst that group of countries would be of great value. As in the future of nuclear energy there will be many more countries with only small or medium nuclear systems, collecting specific experience and cooperation between the like countries will be an additional value to the now prevailing equipment supplier - national utility relationships. Here is presented nine sessions: 1. Energy Options in Countries with Small and Medium Grids 2. Reactors for Small and Medium Electricity Grids 3. Operation and Maintenance Experience 4. Deterministic Safety Analysis 5. Probabilistic Safety Analysis 6. Radioactive Waste Management and Decommissioning 7. Public Relations 8. Emergency Preparedness 9. Liability and Insurance for Nuclear Damage

Proceedings of the International Conference: Nuclear option in countries with small and medium electricity grid

International Nuclear Information System (INIS)

1998-01-01

The conference of Croatian Nuclear Society ''Nuclear option in countries with small and medium electricity grid'' is based on experience from last conference of Croatian Nuclear Society in Opatija and on the same philosophy of serving the needs of small or medium present or future user countries. Session topics reflect some current emphasis, such as accommodation of Kyoto restriction on CO 2 emission, or liability and insurance for nuclear damage. In order to achieve best safety and operational standards these countries with limited human and material resources must put greater emphasis on their rational and efficient use. Consequently the world wide developments on innovative reactors' systems and improved concepts for fuel utilisation and waste disposal are substantial interest. Appropriate selections of reactor technology, fuel cycle and decommission strategies are of paramount importance. There are very successful examples of achieving safety and good operational records, so the exchange of experience and cooperation amongst that group of countries would be of great value. As in the future of nuclear energy there will be many more countries with only small or medium nuclear systems, collecting specific experience and cooperation between the like countries will be an additional value to the now prevailing equipment supplier - national utility relationships. Here is presented nine sessions: 1. Energy Options in Countries with Small and Medium Grids 2. Reactors for Small and Medium Electricity Grids 3. Operation and Maintenance Experience 4. Deterministic Safety Analysis 5. Probabilistic Safety Analysis 6. Radioactive Waste Management and Decommissioning 7. Public Relations 8. Emergency Preparedness 9. Liability and Insurance for Nuclear Damage

Surgical options for lumbosacral fusion: biomechanical stability, advantage, disadvantage and affecting factors in selecting options.

Science.gov (United States)

Yoshihara, Hiroyuki

2014-07-01

Numerous surgical procedures and instrumentation techniques for lumbosacral fusion (LSF) have been developed. This is probably because of its high mechanical demand and unique anatomy. Surgical options include anterior column support (ACS) and posterior stabilization procedures. Biomechanical studies have been performed to verify the stability of those options. The options have their own advantage but also disadvantage aspects. This review article reports the surgical options for lumbosacral fusion, their biomechanical stability, advantages/disadvantages, and affecting factors in option selection. Review of literature. LSF has lots of options both for ACS and posterior stabilization procedures. Combination of posterior stabilization procedures is an option. Furthermore, combinations of ACS and posterior stabilization procedures are other options. It is difficult to make a recommendation or treatment algorithm of LSF from the current literature. However, it is important to know all aspects of the options and decision-making of surgical options for LSF needs to be tailored for each patient, considering factors such as biomechanical stress and osteoporosis.

TANK SPACE OPTIONS REPORT

International Nuclear Information System (INIS)

Willis, W.L.; Ahrendt, M.R.

2009-01-01

Since this report was originally issued in 2001, several options proposed for increasing double-shell tank (DST) storage space were implemented or are in the process of implementation. Changes to the single-shell tank (SST) waste retrieval schedule, completion of DST space saving options, and the DST space saving options in progress have delayed the projected shortfall of DST storage space from the 2007-2011 to the 2018-2025 timeframe (ORP-11242, River Protection Project System Plan). This report reevaluates options from Rev. 0 and includes evaluations of new options for alleviating projected restrictions on SST waste retrieval beginning in 2018 because of the lack of DST storage space.

Safety aspects with regard to plutonium vitrification techniques

International Nuclear Information System (INIS)

Gray, L.W.; Kan, T.

1995-01-01

Substantial inventories of excess plutonium are expected to result from dismantling US and Russian nuclear weapons. Disposition of this material should be a high priority in both countries. Various disposition options are under consideration. One option is to vitrify the plutonium with the addition of 137 Cs or high-level waste to act as a deterrent to proliferation. The primary safety problem associated with vitrification of plutonium is to avoid criticality in form fabrication and in the final repository over geologic time. Recovery should be as difficult (costly) as the recovery of plutonium from spent fuel

Dynamique jointe stock/option et application aux stratégies de trading sur options

OpenAIRE

El Aoud , Sofiene

2015-01-01

This thesis explores theoretically and empirically the implications of the stock/option joint dynamics on applications related to option trading. In the first part of the thesis, we look into the relations between stock options and index options under the risk-neutral measure. The Capital Asset Pricing Model offers an adequate mathematical framework for this study as it provides a modeling approach for the joint dynamics between the stock and the index. As we compute option prices according t...

Study of fast reactor safety test facilities. Preliminary report

International Nuclear Information System (INIS)

Bell, G.I.; Boudreau, J.E.; McLaughlin, T.; Palmer, R.G.; Starkovich, V.; Stein, W.E.; Stevenson, M.G.; Yarnell, Y.L.

1975-05-01

Included are sections dealing with the following topics: (1) perspective and philosophy of fast reactor safety analysis; (2) status of accident analysis and experimental needs; (3) experiment and facility definitions; (4) existing in-pile facilities; (5) new facility options; and (6) data acquisition methods

Risk-based rules for crane safety systems

Energy Technology Data Exchange (ETDEWEB)

Ruud, Stian [Section for Control Systems, DNV Maritime, 1322 Hovik (Norway)], E-mail: Stian.Ruud@dnv.com; Mikkelsen, Age [Section for Lifting Appliances, DNV Maritime, 1322 Hovik (Norway)], E-mail: Age.Mikkelsen@dnv.com

2008-09-15

The International Maritime Organisation (IMO) has recommended a method called formal safety assessment (FSA) for future development of rules and regulations. The FSA method has been applied in a pilot research project for development of risk-based rules and functional requirements for systems and components for offshore crane systems. This paper reports some developments in the project. A method for estimating target reliability for the risk-control options (safety functions) by means of the cost/benefit decision criterion has been developed in the project and is presented in this paper. Finally, a structure for risk-based rules is proposed and presented.

Risk-based rules for crane safety systems

International Nuclear Information System (INIS)

Ruud, Stian; Mikkelsen, Age

2008-01-01

The International Maritime Organisation (IMO) has recommended a method called formal safety assessment (FSA) for future development of rules and regulations. The FSA method has been applied in a pilot research project for development of risk-based rules and functional requirements for systems and components for offshore crane systems. This paper reports some developments in the project. A method for estimating target reliability for the risk-control options (safety functions) by means of the cost/benefit decision criterion has been developed in the project and is presented in this paper. Finally, a structure for risk-based rules is proposed and presented

Efficacy and safety of granulocyte, monocyte/macrophage adsorptive in pediatric ulcerative colitis

DEFF Research Database (Denmark)

Ruuska, Tarja; Küster, Peter; Grahnquist, Lena

2016-01-01

AIM: To investigate efficacy and safety for granulocyte, monocyte apheresis in a population of pediatric patients with ulcerative colitis. METHODS: The ADAPT study was a prospective, open-label, multicenter study in pediatric patients with moderate, active ulcerative colitis with pediatric...... ulcerative colitis activity index (PUCAI) of 35-64. Patients received one weekly apheresis with Adacolumn(®) granulocyte, monocyte/macrophage adsorptive (GMA) apheresis over 5 consecutive weeks, optionally followed by up to 3 additional apheresis treatments over 3 consecutive weeks. The primary endpoint...... mg daily on average from Baseline to week 12. CONCLUSION: Adacolumn(®) GMA apheresis treatment was effective in pediatric patients with moderate active Ulcerative Colitis. No new safety signals were reported. The present data contribute to considering GMA apheresis as a therapeutic option...

Fast reactor test facilities in the US safety program

International Nuclear Information System (INIS)

Avery, R.; Dickerman, C.E.; Lennox, D.H.; Rose, D.

1979-01-01

The needs for safety information derivable from in-pile programs are reviewed, and the correlation made with existing and planned capability. In view of the current status of the U.S. breeder program, emphasis is given in the review to the impact of different fast breeder options on the required program and facilities. It is concluded that facility needs are somewhat independent of specific fast breeder concept, even though the relative emphasis on the various safety issues will differ. 8 refs

Nuclear safety cooperation for Soviet designed reactors

International Nuclear Information System (INIS)

Reisman, A.W.; Horak, W.C.

1995-01-01

The nuclear accident at the Chernobyl nuclear power plant in 1986 first alerted the West to the significant safety risks of Soviet designed reactors. Five years later, this concern was reaffirmed when the IAEA, as a result of a review by an international team of nuclear safety experts, announced that it did not believe the Kozloduy nuclear power plants in Bulgaria could be operated safely. To address these safety concerns, the G-7 summit in Munich in July 1992 outlined a five point program to address the safety problems of Soviet Designed Reactors: operational safety improvement; near-term technical improvements to plants based on safety assessment; enhancing regulatory regimes; examination of the scope for replacing less safe plants by the development of alternative energy sources and the more efficient use of energy; and upgrading of the plants of more recent design. As of early 1994, over 20 countries and international organizations have pledged hundreds of millions of dollars in financial assistance to improve safety. This paper summarizes these assistance efforts for Soviet designed reactors, draws lessons learned from these activities, and offers some options for better addressing these concerns

Nuclear electric power safety, operation, and control aspects

CERN Document Server

Knowles, J Brian

2013-01-01

Assesses the engineering of renewable sources for commercial power generation and discusses the safety, operation, and control aspects of nuclear electric power From an expert who advised the European Commission and UK government in the aftermath of Three Mile Island and Chernobyl comes a book that contains experienced engineering assessments of the options for replacing the existing, aged, fossil-fired power stations with renewable, gas-fired, or nuclear plants. From geothermal, solar, and wind to tidal and hydro generation, Nuclear Electric Power: Safety, Operation, and Control Aspects ass

Proceedings and Book of Abstracts of 8th International Conference: Nuclear Option in Countries with Small and Medium Electricity Grids

International Nuclear Information System (INIS)

2010-01-01

The conference is organized with intention to focus on specific aspects of usage of nuclear energy for electricity production in small and medium countries. Importance of international cooperation for the assessment of the nuclear option has been recognised by the International Atomic Energy Agency (IAEA). As a result of this recognition, the Conference is organized in co-operation with IAEA. Session topics reflect some current emphasis, such as country energy needs, accommodation on Kyoto restriction on CO 2 emission, new reactor technologies, operation and safety of the operating nuclear power plants. The conference also focuses on the exchange of experience and co-operation in the fields of fuel cycle, radioactive waste management, regulatory practices and liability and insurance for nuclear damage. All contributed papers are grouped in 10 sessions: Energy planning and nuclear option; Power reactors and technologies; Nuclear energy and environment; Operation and maintenance experience; Safety culture; Nuclear safety analyses; Reactor physics and nuclear fuel cycle; Radioactive waste management and decommissioning; Public relations; Regulatory practice and general papers.

Assessing the Option to Abandon an Investment Project by the Binomial Options Pricing Model

Directory of Open Access Journals (Sweden)

Salvador Cruz Rambaud

2016-01-01

Full Text Available Usually, traditional methods for investment project appraisal such as the net present value (hereinafter NPV do not incorporate in their values the operational flexibility offered by including a real option included in the project. In this paper, real options, and more specifically the option to abandon, are analysed as a complement to cash flow sequence which quantifies the project. In this way, by considering the existing analogy with financial options, a mathematical expression is derived by using the binomial options pricing model. This methodology provides the value of the option to abandon the project within one, two, and in general n periods. Therefore, this paper aims to be a useful tool in determining the value of the option to abandon according to its residual value, thus making easier the control of the uncertainty element within the project.

Forecasting with Option-Implied Information

DEFF Research Database (Denmark)

Christoffersen, Peter; Jacobs, Kris; Chang, Bo Young

2013-01-01

This chapter surveys the methods available for extracting information from option prices that can be used in forecasting. We consider option-implied volatilities, skewness, kurtosis, and densities. More generally, we discuss how any forecasting object that is a twice differentiable function...... of the future realization of the underlying risky asset price can utilize option-implied information in a well-defined manner. Going beyond the univariate option-implied density, we also consider results on option-implied covariance, correlation and beta forecasting, as well as the use of option......-implied information in cross-sectional forecasting of equity returns. We discuss how option-implied information can be adjusted for risk premia to remove biases in forecasting regressions....

Passive and inherent safety technologies for light-water nuclear reactors

International Nuclear Information System (INIS)

Forsberg, C.W.

1990-07-01

Passive/inherent safety implies a technical revolution in our approach to nuclear power safety. This direction is discussed herein for light-water reactors (LWRs) -- the predominant type of power reactor used in the world today. At Oak Ridge National Laboratory (ORNL) the approach to the development of passive/inherent safety for LWRs consists of four steps: identify and quantify safety requirements and goals; identify and quantify the technical functional requirements needed for safety; identify, invent, develop, and quantify technical options that meet both of the above requirements; and integrate safety systems into designs of economic and reliable nuclear power plants. Significant progress has been achieved in the first three steps of this program. The last step involves primarily the reactor vendors. These activities, as well as related activities worldwide, are described here. 27 refs., 7 tabs

Option price and market instability

Science.gov (United States)

Baaquie, Belal E.; Yu, Miao

2017-04-01

An option pricing formula, for which the price of an option depends on both the value of the underlying security as well as the velocity of the security, has been proposed in Baaquie and Yang (2014). The FX (foreign exchange) options price was empirically studied in Baaquie et al., (2014), and it was found that the model in general provides an excellent fit for all strike prices with a fixed model parameters-unlike the Black-Scholes option price Hull and White (1987) that requires the empirically determined implied volatility surface to fit the option data. The option price proposed in Baaquie and Cao Yang (2014) did not fit the data during the crisis of 2007-2008. We make a hypothesis that the failure of the option price to fit data is an indication of the market's large deviation from its near equilibrium behavior due to the market's instability. Furthermore, our indicator of market's instability is shown to be more accurate than the option's observed volatility. The market prices of the FX option for various currencies are studied in the light of our hypothesis.

Options Study - Phase II

Energy Technology Data Exchange (ETDEWEB)

R. Wigeland; T. Taiwo; M. Todosow; W. Halsey; J. Gehin

2010-09-01

The Options Study has been conducted for the purpose of evaluating the potential of alternative integrated nuclear fuel cycle options to favorably address the issues associated with a continuing or expanding use of nuclear power in the United States. The study produced information that can be used to inform decisions identifying potential directions for research and development on such fuel cycle options. An integrated nuclear fuel cycle option is defined in this study as including all aspects of the entire nuclear fuel cycle, from obtaining natural resources for fuel to the ultimate disposal of used nuclear fuel (UNF) or radioactive wastes. Issues such as nuclear waste management, especially the increasing inventory of used nuclear fuel, the current uncertainty about used fuel disposal, and the risk of nuclear weapons proliferation have contributed to the reluctance to expand the use of nuclear power, even though it is recognized that nuclear power is a safe and reliable method of producing electricity. In this Options Study, current, evolutionary, and revolutionary nuclear energy options were all considered, including the use of uranium and thorium, and both once-through and recycle approaches. Available information has been collected and reviewed in order to evaluate the ability of an option to clearly address the challenges associated with the current implementation and potential expansion of commercial nuclear power in the United States. This Options Study is a comprehensive consideration and review of fuel cycle and technology options, including those for disposal, and is not constrained by any limitations that may be imposed by economics, technical maturity, past policy, or speculated future conditions. This Phase II report is intended to be used in conjunction with the Phase I report, and much information in that report is not repeated here, although some information has been updated to reflect recent developments. The focus in this Options Study was to

Efficient Trajectory Options Allocation for the Collaborative Trajectory Options Program

Science.gov (United States)

Rodionova, Olga; Arneson, Heather; Sridhar, Banavar; Evans, Antony

2017-01-01

The Collaborative Trajectory Options Program (CTOP) is a Traffic Management Initiative (TMI) intended to control the air traffic flow rates at multiple specified Flow Constrained Areas (FCAs), where demand exceeds capacity. CTOP allows flight operators to submit the desired Trajectory Options Set (TOS) for each affected flight with associated Relative Trajectory Cost (RTC) for each option. CTOP then creates a feasible schedule that complies with capacity constraints by assigning affected flights with routes and departure delays in such a way as to minimize the total cost while maintaining equity across flight operators. The current version of CTOP implements a Ration-by-Schedule (RBS) scheme, which assigns the best available options to flights based on a First-Scheduled-First-Served heuristic. In the present study, an alternative flight scheduling approach is developed based on linear optimization. Results suggest that such an approach can significantly reduce flight delays, in the deterministic case, while maintaining equity as defined using a Max-Min fairness scheme.

Strategies for Success (Or Opportunities Galore).

Science.gov (United States)

Eddison, Betty

1990-01-01

Reports on interviews with 25 information professionals regarding their experiences in corporate information centers and the value of information to the organization. Topics addressed include (1) knowing the organization; (2) marketing services; (3) financial planning; and (4) being/having a boss. A directory of subjects interviewed is included.…

Fulltext PDF

Indian Academy of Sciences (India)

galore) guided by the interests expressed by the selected participants. Selected participants (up to 25) will be provided local hospitality and round trip train fare to Mavelikara (I Class or II Class. AlC) by the shortest route. Research Students who wish to partici- pate may also apply. Last date for receipt of applications: July 31 ...

Enhanced CANDU6: Reactor and fuel cycle options - Natural uranium and beyond

International Nuclear Information System (INIS)

Ovanes, M.; Chan, P. S. W.; Mao, J.; Alderson, N.; Hopwood, J. M.

2012-01-01

The Enhanced CANDU 6 R (ECo R ) is the updated version of the well established CANDU 6 family of units incorporating improved safety characteristics designed to meet or exceed Generation III nuclear power plant expectations. The EC6 retains the excellent neutron economy and fuel cycle flexibility that are inherent in the CANDU reactor design. The reference design is based on natural uranium fuel, but the EC6 is also able to utilize additional fuel options, including the use of Recovered Uranium (RU) and Thorium based fuels, without requiring major hardware upgrades to the existing control and safety systems. This paper outlines the major changes in the EC6 core design from the existing C6 design that significantly enhance the safety characteristics and operating efficiency of the reactor. The use of RU fuel as a transparent replacement fuel for the standard 37-el NU fuel, and several RU based advanced fuel designs that give significant improvements in fuel burnup and inherent safety characteristics are also discussed in the paper. In addition, the suitability of the EC6 to use MOX and related Pu-based fuels will also be discussed. (authors)

A review of accidents, prevention and mitigation options related to hazardous gases

International Nuclear Information System (INIS)

Fthenakis, V.M.

1993-05-01

Statistics on industrial accidents are incomplete due to lack of specific criteria on what constitutes a release or accident. In this country, most major industrial accidents were related to explosions and fires of flammable materials, not to releases of chemicals into the environment. The EPA in a study of 6,928 accidental releases of toxic chemicals revealed that accidents at stationary facilities accounted for 75% of the total number of releases, and transportation accidents for the other 25%. About 7% of all reported accidents (468 cases) resulted in 138 deaths and 4,717 injuries ranging from temporary respiratory problems to critical injuries. In-plant accidents accounted for 65% of the casualties. The most efficient strategy to reduce hazards is to choose technologies which do not require the use of large quantities of hazardous gases. For new technologies this approach can be implemented early in development, before large financial resources and efforts are committed to specific options. Once specific materials and options have been selected, strategies to prevent accident initiating events need to be evaluated and implemented. The next step is to implement safety options which suppress a hazard when an accident initiating event occurs. Releases can be prevented or reduced with fail-safe equipment and valves, adequate warning systems and controls to reduce and interrupt gas leakage. If an accident occurs and safety systems fail to contain a hazardous gas release, then engineering control systems will be relied on to reduce/minimize environmental releases. As a final defensive barrier, the prevention of human exposure is needed if a hazardous gas is released, in spite of previous strategies. Prevention of consequences forms the final defensive barrier. Medical facilities close by that can accommodate victims of the worst accident can reduce the consequences of personnel exposure to hazardous gases

Early Option Exercise

DEFF Research Database (Denmark)

Heje Pedersen, Lasse; Jensen, Mads Vestergaard

A classic result by Merton (1973) is that, except just before expiration or dividend payments, one should never exercise a call option and never convert a convertible bond. We show theoretically that this result is overturned when investors face frictions. Early option exercise can be optimal when...... it reduces short-sale costs, transaction costs, or funding costs. We provide consistent empirical evidence, documenting billions of dollars of early exercise for options and convertible bonds using unique data on actual exercise decisions and frictions. Our model can explain as much as 98% of early exercises...

Early Option Exercise

DEFF Research Database (Denmark)

Jensen, Mads Vestergaard; Heje Pedersen, Lasse

2016-01-01

A classic result by Merton (1973) is that, except just before expiration or dividend payments, one should never exercise a call option and never convert a convertible bond. We show theoretically that this result is overturned when investors face frictions. Early option exercise can be optimal when...... it reduces short-sale costs, transaction costs, or funding costs. We provide consistent empirical evidence, documenting billions of dollars of early exercise for options and convertible bonds using unique data on actual exercise decisions and frictions. Our model can explain as much as 98% of early exercises...

Cookstove options for safety and health: Comparative analysis of technological and usability attributes

International Nuclear Information System (INIS)

Kimemia, David; Van Niekerk, Ashley

2017-01-01

Energy use in low-income households in South Africa is considerably more hazardous than in middle to high-income households. Poverty is a key underlying factor. However, poor quality domestic energy technologies, including stoves, heaters and light sources contribute to this vulnerability. The problem is compounded by behavioural and environmental factors. Since cooking is a key energy-using chore, access to efficient, safe and versatile stoves portend safety improvements. This paper reports on a comparative analysis of eleven technological and usability attributes (CO emissions, firepower, efficiency, fuel toxicity, fuel cost, stove price, controllability, durability, availability, temperature of touchable-parts, and mechanical stability) of commercially available stoves that utilise four energy sources (kerosene, methanol, ethanol gel, and LPG). The ensuing discussion serves as a guide to enable the selection of the best-fit stove-fuel combination for low-income households. The findings indicate that LPG stoves have comparatively better overall rankings for cleanliness, firepower, safety, and durability. This analysis highlights that no combustion technology is risk-proof and there remains a burden on users to exercise diligence. We recommend that South Africa adopts an affirmative policy and strategic actions that discourage the use of kerosene as a household combustion fuel, and promotes the adoption of LPG as a safer and practical alternative. - Highlights: • Inefficient fuel combustion stoves raise risk profile in energy-poor households. • This study uses quantitative methods to compare the attributes of four stove types. • LPG stoves have comparatively better ranking for emissions, safety, and durability. • Transformative policies and strategies are required to promote safe, clean stoves.

Nevada Transportation Options Study

International Nuclear Information System (INIS)

P. GEHNER; E.M. WEAVER; L. FOSSUM

2006-01-01

This study performs a cost and schedule analysis of three Nevada Transportation options that support waste receipt at the repository. Based on the U.S. Department of Energy preference for rail transportation in Nevada (given in the Final Environmental Impact Statement), it has been assumed that a branch rail line would be constructed to support waste receipt at the repository. However, due to potential funding constraints, it is uncertain when rail will be available. The three Nevada Transportation options have been developed to meet a varying degree of requirements for transportation and to provide cost variations used in meeting the funding constraints given in the Technical Direction Letter guidelines for this study. The options include combinations of legal-weight truck, heavy-haul truck, and rail. Option 1 uses a branch rail line that would support initial waste receipt at the repository in 2010. Rail transportation would be the primary mode, supplemented by legal weight trucks. This option provides the highest level of confidence in cost and schedule, lowest public visibility, greatest public acceptability, lowest public dose, and is the recommended option for support of waste receipt. The completion of rail by 2010 will require spending approximately $800 million prior to 2010. Option 2 uses a phased rail approach to address a constrained funding scenario. To meet funding constraints, Option 2 uses a phased approach to delay high cost activities (final design and construction) until after initial waste receipt in 2010. By doing this, approximately 95 percent of the cost associated with completion of a branch rail line is deferred until after 2010. To support waste receipt until a branch rail line is constructed in Nevada, additional legal-weight truck shipments and heavy-haul truck shipments (on a limited basis for naval spent nuclear fuel) would be used to meet the same initial waste receipt rates as in Option 1. Use of heavy-haul shipments in the absence

Expensing options solves nothing.

Science.gov (United States)

Sahlman, William A

2002-12-01

The use of stock options for executive compensation has become a lightning rod for public anger, and it's easy to see why. Many top executives grew hugely rich on the back of the gains they made on their options, profits they've been able to keep even as the value they were supposed to create disappeared. The supposed scam works like this: Current accounting regulations let companies ignore the cost of option grants on their income statements, so they can award valuable option packages without affecting reported earnings. Not charging the cost of the grants supposedly leads to overstated earnings, which purportedly translate into unrealistically high share prices, permitting top executives to realize big gains when they exercise their options. If an accounting anomaly is the problem, then the solution seems obvious: Write off executive share options against the current year's revenues. The trouble is, Sahlman writes, expensing option grants won't give us a more accurate view of earnings, won't add any information not already included in the financial statements, and won't even lead to equal treatment of different forms of executive pay. Far worse, expensing evades the real issue, which is whether compensation (options and other-wise) does what it's supposed to do--namely, help a company recruit, retain, and provide the right people with appropriate performance incentives. Any performance-based compensation system has the potential to encourage cheating. Only ethical management, sensible governance, adequate internal control systems, and comprehensive disclosure will save the investor from disaster. If, Sahlman warns, we pass laws that require the expensing of options, thinking that's fixed the fundamental flaws in corporate America's accounting, we will have missed a golden opportunity to focus on the much more extensive defects in the present system.

Geological disposal of radioactive waste. Safety requirements

International Nuclear Information System (INIS)

2006-01-01

This Safety Requirements publication is concerned with providing protection to people and the environment from the hazards associated with waste management activities related to disposal, i.e. hazards that could arise during the operating period and following closure. It sets out the protection objectives and criteria for geological disposal and establishes the requirements that must be met to ensure the safety of this disposal option, consistent with the established principles of safety for radioactive waste management. It is intended for use by those involved in radioactive waste management and in making decisions in relation to the development, operation and closure of geological disposal facilities, especially those concerned with the related regulatory aspects. This publication contains 1. Introduction; 2. Protection of human health and the environment; 3. The safety requirements for geological disposal; 4. Requirements for the development, operation and closure of geological disposal facilities; Appendix: Assurance of compliance with the safety objective and criteria; Annex I: Geological disposal and the principles of radioactive waste management; Annex II: Principles of radioactive waste management

Distributed Energy Implementation Options

Energy Technology Data Exchange (ETDEWEB)

Shah, Chandralata N [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

2017-09-13

This presentation covers the options for implementing distributed energy projects. It distinguishes between options available for distributed energy that is government owned versus privately owned, with a focus on the privately owned options including Energy Savings Performance Contract Energy Sales Agreements (ESPC ESAs). The presentation covers the new ESPC ESA Toolkit and other Federal Energy Management Program resources.

Novel treatment options in depression and psychosis

Directory of Open Access Journals (Sweden)

Ceskova E

2018-03-01

Full Text Available Eva Ceskova, Petr Silhan Department of Psychiatry, University Hospital Ostrava, Ostrava, Czech Republic Abstract: In spite of tremendous development in central nervous system research, current treatment is suboptimal, especially in severe mental disorders. In medicine, there are two main methods of improving the health care provided: seeking new treatment procedures and perfecting (optimizing the existing ones. Optimization of treatment includes not only practical tools such as therapeutic drug monitoring but also implementation of general trends in the clinical practice. New pharmacological options include new more sophisticated forms of monoaminergic drugs, old drugs rediscovered on the base of a better understanding of pathophysiology of mental illnesses, and drugs aimed at new treatment targets. In depression, treatment resistance to antidepressive pharmacotherapy represents one of the most important clinical challenges. Switching to monotherapy with new multimodal/multifunctional antidepressants and augmentation with new atypical antipsychotics (aripiprazole and brexpiprazole may be promising options. Further, current evidence supports utility and safety of adjunctive treatment of nutraceuticals. Novel approaches being studied include ketamine and opioids. Recent advances in technology and emerging knowledge about dysfunctional brain circuits and neuroplasticity have led to the development of different new neuromodulation techniques usually used as add-on therapy. Antipsychotics are still the cornerstone of the current treatment of schizophrenia. Two new partial dopamine agonists, brexpiprazole and cariprazine, are now available in addition to aripiprazole. Although the mechanisms of action are similar, the two agents differ in terms of their pharmacodynamic profiles. Further, two new formulations of long-acting injections of second-generation antipsychotics (aripiprazole lauroxil and 3-month paliperidone palmitate were introduced into

Do Online Bicycle Routing Portals Adequately Address Prevalent Safety Concerns?

Directory of Open Access Journals (Sweden)

Martin Loidl

2018-03-01

Full Text Available Safety concerns are among the most prevalent deterrents for bicycling. The provision of adequate bicycling infrastructure is considered as one of the most efficient means to increase cycling safety. However, limited public funding does not always allow agencies to implement cycling infrastructure improvements at the desirable level. Thus, bicycle trip planners can at least partly alleviate the lack of adequate infrastructure by recommending optimal routes in terms of safety. The presented study provides a systematic review of 35 bicycle routing applications and analyses to which degree they promote safe bicycling. The results show that most trip planners lack corresponding routing options and therefore do not sufficiently address safety concerns of bicyclists. Based on these findings, we developed recommendations on how to better address bicycling safety in routing portals. We suggest employing current communication technology and analysis to consider safety concerns more explicitly.

Reversible deep storage: reversibility options for storage in deep geological formations

International Nuclear Information System (INIS)

2009-01-01

This report describes the definition approach to reversibility conditions, presents the main characteristics of high-activity and intermediate-activity long-lived wastes, describes the storage in deep geological formations (safety functions, general description of the storage centre), discusses the design options for the different types of wastes (container, storage module, handling processes, phenomenological analysis, monitoring arrangements) and the decision process in support reversibility (steering of the storage process, progressive development and step-by-step closing), and reports and discusses the researches concerning the memory of the storage site

76 FR 63901 - Pre-Harvest Food Safety for Cattle; Public Meeting

Science.gov (United States)

2011-10-14

... practices. 2. Creating an increased focus on pre-harvest food safety and the identification and development... service is available at http://www.fsis.usda.gov/News_&_Events/Email_Subscription/ . Options range from... / Friday, October 14, 2011 / Notices#0;#0; [[Page 63901

32 CFR 48.201 - Options.

Science.gov (United States)

2010-07-01

... 32 National Defense 1 2010-07-01 2010-07-01 false Options. 48.201 Section 48.201 National Defense...'S FAMILY PROTECTION PLAN Election of Options § 48.201 Options. As provided in § 48.203, a member may... amount equal to such 121/2 per centum. (a) Option 1 is an annuity payable to or on behalf of his widow...

Post-closure Safety of the Borehole Disposal Concept

International Nuclear Information System (INIS)

Little, R.

2016-01-01

Conclusion: • BDC post-closure safety assessments have been undertaken over last 15-20 years. • Consistent with best international practice and IAEA guidance: – used structure assessment approach; – peer reviewed; – iterative. • Built confidence in BDC as a safe long-term management option for DSRSs at both a generic and site-specific level

Fuel management options to extend the IRIS reactor cycle

International Nuclear Information System (INIS)

Petrovic, B.; Franceschini, F.

2004-01-01

To optimize plant operation, reduce scheduled maintenance outage, and increase capacity factor, IRIS is designed to enable extended cycles of up to four years. However, due to the enrichment licensing limitation (less than 5% enriched uranium oxide) there is a tradeoff between the achievable cycle length and fuel utilization, i.e., the average fuel discharge burnup. The longest individual cycle may be achieved with the single-batch straight burn, but at the expense of a lower burnup. Considering the IRIS basic performance requirements, a cycle length in the range of three to four years is deemed desirable. This paper examines different fuel management options, i.e., the influence of the required cycle length on the corresponding reloading strategy, including a two-batch and a three-batch reloading. A reference two-batch core design has been developed for the first cycle, as well as for the transition cycles leading to equilibrium. Main core performance parameters are evaluated. This core design provides the framework for the safety analyses needed to prepare the IRIS safety evaluations. Alternate designs are also considered.(author)

Midterm Outcomes From a Pilot Study of Percutaneous Deep Vein Arterialization for the Treatment of No-Option Critical Limb Ischemia.

Science.gov (United States)

Kum, Steven; Tan, Yih Kai; Schreve, Michiel A; Ferraresi, Roberto; Varcoe, Ramon L; Schmidt, Andrej; Scheinert, Dierk; Mustapha, Jihad A; Lim, Darryl M; Ho, Derek; Tang, Tjun Y; Alexandrescu, Vlad-Adrian; Mutirangura, Pramook

2017-10-01

To report the initial clinical experience with percutaneous deep vein arterialization (PDVA) to treat critical limb ischemia (CLI) via the creation of an arteriovenous fistula. Seven patients (median age 85 years; 5 women) with CLI and no traditional endovascular or surgical revascularization options (no-option CLI) were recruited in a pilot study to determine the safety of PDVA. All patients were diabetic; 4 had Rutherford category 6 ischemia. Six were classified at high risk of amputation based on the Society for Vascular Surgery WIfI (wound, ischemia, and foot infection) classification. The primary safety endpoints were major adverse limb events and major adverse coronary events through 30 days and serious adverse events through 6 months. Secondary objectives included clinical efficacy based on outcome measures including thermal measurement, transcutaneous partial pressure of oxygen (TcPO 2 ), clinical improvement at 6 months, and wound healing. The primary safety endpoints were achieved in 100% of patients, with no deaths, above-the-ankle amputations, or major reinterventions at 30 days. The technical success rate was 100%. Two myocardial infarctions occurred within 30 days, each with minor clinical consequences. All patients demonstrated symptomatic improvement with formation of granulation tissue, resolution of rest pain, or both. Complete wound healing was achieved in 4 of 7 patients and 5 of 7 patients at 6 and 12 months, respectively, with a median healing time of 4.6 months (95% confidence interval 84-192). Median postprocedure peak TcPO 2 was 61 mm Hg compared to a preprocedure level of 8 mm Hg (p=0.046). At the time of wound healing, 4 of 5 of patients achieved TcPO 2 levels of >40 mm Hg. There were 2 major amputations, 1 above the knee after PDVA thrombosis and 1 below the knee for infection. Three patients died of causes unrelated to the procedure or study device at 6, 7, and 8 months, respectively. Limb salvage was 71% at 12 months. PDVA is an

48 CFR 570.401 - Renewal options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Renewal options. 570.401... Requirements 570.401 Renewal options. (a) Exercise of options. Before exercising an option to renew, follow the... survey. Before exercising an option to renew a lease, review current market information to ensure the...

Treatment Options for Wilms Tumor

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... come back) after it has been treated. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Myelodysplastic Syndromes

Science.gov (United States)

... special light. Certain factors affect prognosis and treatment options. The prognosis (chance of recovery) and treatment options ... age and general health of the patient. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Prostate Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Myelodysplastic Syndromes)

Science.gov (United States)

... special light. Certain factors affect prognosis and treatment options. The prognosis (chance of recovery) and treatment options ... age and general health of the patient. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Esophageal Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Childhood Rhabdomyosarcoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Penile Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Vulvar Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Pancreatic Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adrenocortical Carcinoma)

Science.gov (United States)

... affect the prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Childhood Rhabdomyosarcoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Kaposi Sarcoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Childhood Craniopharyngioma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... the brain where it was first found. Treatment Option Overview Key Points There are different types of ...

LMFBR conceptual design study: an overview of environmental and safety concerns

International Nuclear Information System (INIS)

Brenchley, D.L.

1981-06-01

The US Department of Energy (DOE) initiated the Liquid Metal Fast Breeder (LMFBR) Conceptual Design Study (CDS) with the objective of maintaining a viable breeder option. The project is scheduled to be completed in FY-1981 but decisions regarding plant construction will be delayed until at least 1985. This report provides a review of the potential environmental and safety engineering concerns for the CDS and recommends specific action for the Environmental and Safety Engineering Division of DOE

LMFBR conceptual design study: an overview of environmental and safety concerns

Energy Technology Data Exchange (ETDEWEB)

Brenchley, D.L.

1981-06-01

The US Department of Energy (DOE) initiated the Liquid Metal Fast Breeder (LMFBR) Conceptual Design Study (CDS) with the objective of maintaining a viable breeder option. The project is scheduled to be completed in FY-1981 but decisions regarding plant construction will be delayed until at least 1985. This report provides a review of the potential environmental and safety engineering concerns for the CDS and recommends specific action for the Environmental and Safety Engineering Division of DOE.

Feasibility study for the adoption of POSRV for KNGR safety depressurization system

International Nuclear Information System (INIS)

Kwon, Young Min; Lim, Hong Sik; Song, Jin Ho; Sim, Suk Ku; Park, Jong Kyun

1999-03-01

The Korean Next Generation Reactor (KNGR) adopted an advanced design feature of safety depressurization system(SDS) to rapidly de pressurize the reactor coolant system(RCS) in case of beyond design basis events of severe accidents, or a highly unlikely event of a total loss of feedwater (TLOFW) to both steam generators. Two design approaches were considered for the KNGR SDS design. The use of bleed valves similar to those of ABB-CE's system 80+ is design option 1, while in design option 2, the Power Operated Safety Relief valve (POSRV) is considered to provide the combined function of overpressure protection and rapid depressurization. The purpose of this report is to investigate the feasibility of adoption of French SebimPOSRVs for KNGR SDS (design option 2). This report provides the methodology to analyze the TLOFW event with Sebim valves and presents the results of thermal hydraulic analyses using a best-estimate version CEFLASH-4AS/REM for the TLOFW event with feed and bleed. The analyses were performed using a preliminary KNGR design data. For design option 2, if the operator opens two out of the three Sebim valves in conjunction with the four HPSI pumps before a hot leg saturation condition, the decay heat removal and core inventory make-up function can be successfully accomplished. The results of the present investigation demonstrate that the two design options are both feasible to mitigate the consequences of the TLOFW event with a sufficient margin. (Author). 22 refs., 3 tabs., 19 figs

Comparative availability and reliability assessment of design options for the secondary sodium loops of the EFR

International Nuclear Information System (INIS)

Pamme, H.

1989-01-01

The EFR (European Fast Reactor) project has entered a conceptual study period where different design alternatives are compared concerning feasibility, safety and economic aspects. This paper describes a comparative probabilistic availability and reliability assessment of alternative design options for the secondary sodium loops. These loops will provide heat transfer from the reactor pool to the water-steam (power generating) side. So a high operational availability of the secondary loops during plant lifetime is essential for economic power generation. Additionally a high reliability is required to fulfill the operational decay heat removal function in case of a reactor trip. Availabilities and reliabilities of the different options were assessed using failure mode and effect analysis and the fault tree method. (orig.)

Option-implied term structures

OpenAIRE

Vogt, Erik

2014-01-01

The illiquidity of long-maturity options has made it difficult to study the term structures of option spanning portfolios. This paper proposes a new estimation and inference framework for these option-implied term structures that addresses long-maturity illiquidity. By building a sieve estimator around the risk-neutral valuation equation, the framework theoretically justifies (fat-tailed) extrapolations beyond truncated strikes and between observed maturities while remaining nonparametric. Ne...

Technological Progress and the Future of Kuznets Curve's

OpenAIRE

Shin, Inyong; Kim, Hyunho; Yamamura, Eiji

2008-01-01

We use OECD members' data to ascertain that new-born technological inventions increase the degree of inequality but that this declines as the technology disperses into the overall economy (e.g., Galor and Tsiddon, 1997; Weil, 2005). Therefore, we show explicitly that Kuznets curve does not converge to a single inverted U-curve but fluctuates through technological progress as a sine curve.

Benefit/cost analysis of plutonium recycle options in the United States of America

International Nuclear Information System (INIS)

Lowenberg, H.; Burnham, J.B.; Fisher, F.D.; Ray, W.H.

1977-01-01

Beginning in 1973, the USAEC started the analysis of the benefit/cost balance of Pu recycling in light-water reactors and the US Nuclear Regulatory Commission has continued this effort to the present time. A study of the United States nuclear industry from 1975 until 2000 was summarized in a final environmental statement called GESMO - Generic Environmental Statement on Mixed Oxide, NUREG-0002. Cumulative environmental and economic effects for several industry growth patterns were determined. Five alternatives were evaluated, covering the basic options of recycling uranium and plutonium; recycling uranium; and no recycling. The NRC findings, excluding consideration of proliferation and safeguards questions, are: the safety of reactors and fuel-cycle facilities are not significantly affected by recycle; excluding consideration of radiological effects, the environmental effects of recycle are slightly less than those from a non-recycle system; plutonium recycling extends uranium resources and reduces environmental impacts at the same time requiring reprocessing and Pu-handling facilities; despite uncertainties, recycling has probable economic advantages over other fuel concepts; differences in health effects attributable to recycling provide no basis for selecting a particular fuel-cycle option; no waste-management considerations appear that could be a basis for the selection of any particular option. The NRC studies on health, safety and environmental considerations of Pu recycling in the United States of America show that the differences in benefits/costs between the alternative fuel cycles are small and hence do not provide a clear basis for a decision on Pu recycle at this time. Safeguards and international proliferation implications appear to be the controlling factors in reaching a decision. President Carter's statement indefinitely deferring reprocessing and Pu recycle in the United States of America has resulted in a re-evaluation by NRC of its programme to

New treatment options for fibromyalgia: critical appraisal of duloxetine

Directory of Open Access Journals (Sweden)

Nurcan Üçeyler

2008-06-01

Full Text Available Nurcan Üçeyler1, Martin Offenbächer2, Frank Petzke3, Winfried Häuser4, Claudia Sommer11Department of Neurology, University of Würzburg, Germany; 2GRP – Generation Research Program, Human Science Center, University of Munich, Germany; 3Department of Anesthesiology, University of Cologne, Germany; 4Center of Pain Therapy, Klinikum Saarbrücken gGmbH, Winterberg 1, Saarbrücken, GermanyAbstract: Fibromyalgia syndrome (FMS is a chronic condition characterized by widespread pain, tender points, fatigue, and sleep disturbance. FMS leads to high disability levels, poor quality of life, and extensive use of medical care. Effective pharmacological treatment options are rare, and treatment effects are often of limited duration. Duloxetine is a new selective serotonin and norepinephrine reuptake inhibitor that is licensed for the treatment of pain in diabetic neuropathy. So far two randomized, placebo-controlled trials have investigated the short-term safety and efficacy of duloxetine 60 mg/day and 120 mg/day in patients suffering from FMS over a period of 12 weeks. Both dosages were superior to placebo in pain relief, and improvement in quality of life and depressive symptoms. The analgesic effect was largely independent of the antidepressant action of duloxetine. The higher dose of 120 mg/day further reduced the tender point count and elevated the tender point pain thresholds. Only mild to moderate adverse effects were reported. Duloxetine 60 mg/day and 120 mg/day has proven to be beneficial in the treatment of FMS symptoms. As true for other antidepressants further studies are needed to assess the long-term efficacy and safety of duloxetine as an additional pharmacological treatment option in FMS.Keywords: fibromyalgia syndrome, duloxetine, antidepressant, review, SNRI

Treatment Option Overview (Myelodysplastic/Myeloproliferative Neoplasms)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ...

India's power program and its concern over environmental safety

International Nuclear Information System (INIS)

Prasad, G.E.; Mittra, J.

2001-01-01

India's need of electrical power is enormous and per capita consumption of power is to be increased at least by ten times to reach the level of world average. Thermal Power generation faces two fold problems. First, there is scarcity of good quality fuel and second, increasing environmental pollution. India's self reliant, three stage, 'closed-fuel-cycle' nuclear power program is promising better solution to the above problems. To ensure Radiation Protection and Safety of Radiation Sources, Indian Nuclear Power program emphasizes upon design and engineering safety by incorporating necessary safety features in the design, operational safety through structured training program and typically through software packages to handle rare unsafe events and regulation by complying safety directives. A health survey among the radiation workers indicates that there is no extra threat to the public from nuclear power program. Based on latest technology, as available in case of nuclear power option, it is quite possible to meet high energy requirement with least impact on the environment.. (authors)

Efficient option valuation of single and double barrier options

Science.gov (United States)

Kabaivanov, Stanimir; Milev, Mariyan; Koleva-Petkova, Dessislava; Vladev, Veselin

2017-12-01

In this paper we present an implementation of pricing algorithm for single and double barrier options using Mellin transformation with Maximum Entropy Inversion and its suitability for real-world applications. A detailed analysis of the applied algorithm is accompanied by implementation in C++ that is then compared to existing solutions in terms of efficiency and computational power. We then compare the applied method with existing closed-form solutions and well known methods of pricing barrier options that are based on finite differences.

2005 resource options report

International Nuclear Information System (INIS)

Morris, T.

2005-01-01

This resource options report (ROR) fulfils regulatory requirements in British Columbia's two-year resource planning process. It identifies a wide range of resources and technologies that could be used to meet BC Hydro's future electricity demand. As such, it facilitates a transparent public review of resource options which include both supply-side and demand-side options. The resource options that will be used in the 2005 integrated electricity plan (IEP) were characterized. This ROR also documents where there is a general agreement or disagreement on the resource type characterization, based on the First Nations and Stakeholder engagement. BC Hydro used current information to provide realistic ranges on volume and cost to characterize environmental and social attributes. The BC Hydro system was modelled to assess the benefit and cost of various resource options. The information resulting from this ROR and IEP will help in making decisions on how to structure competitive acquisition calls and to determine the level of transmission services needed to advance certain BC Hydro projects. The IEP forecasts the nature and quantity of domestic resources required over the next 20 years. A strategic direction on how those needs will be met has been created to guide the management of BC Hydro's energy resources. Supply-side options include near-commercial technologies such as energy storage, ocean waves, tidal, fuel cells and integrated coal gasification combined cycle technology. Supply-side options also include natural gas, coal, biomass, geothermal, wind, and hydro. 120 refs., 39 tabs., 21 figs., 6 appendices

Probabilistic methods in exotic option pricing

NARCIS (Netherlands)

Anderluh, J.H.M.

2007-01-01

The thesis presents three ways of calculating the Parisian option price as an illustration of probabilistic methods in exotic option pricing. Moreover options on commidities are considered and double-sided barrier options in a compound Poisson framework.

Safety assessment in plant layout design using indexing approach: implementing inherent safety perspective. Part 1 - guideword applicability and method description.

Science.gov (United States)

Tugnoli, Alessandro; Khan, Faisal; Amyotte, Paul; Cozzani, Valerio

2008-12-15

Layout planning plays a key role in the inherent safety performance of process plants since this design feature controls the possibility of accidental chain-events and the magnitude of possible consequences. A lack of suitable methods to promote the effective implementation of inherent safety in layout design calls for the development of new techniques and methods. In the present paper, a safety assessment approach suitable for layout design in the critical early phase is proposed. The concept of inherent safety is implemented within this safety assessment; the approach is based on an integrated assessment of inherent safety guideword applicability within the constraints typically present in layout design. Application of these guidewords is evaluated along with unit hazards and control devices to quantitatively map the safety performance of different layout options. Moreover, the economic aspects related to safety and inherent safety are evaluated by the method. Specific sub-indices are developed within the integrated safety assessment system to analyze and quantify the hazard related to domino effects. The proposed approach is quick in application, auditable and shares a common framework applicable in other phases of the design lifecycle (e.g. process design). The present work is divided in two parts: Part 1 (current paper) presents the application of inherent safety guidelines in layout design and the index method for safety assessment; Part 2 (accompanying paper) describes the domino hazard sub-index and demonstrates the proposed approach with a case study, thus evidencing the introduction of inherent safety features in layout design.

Dopamine Modulates Option Generation for Behavior.

Science.gov (United States)

Ang, Yuen-Siang; Manohar, Sanjay; Plant, Olivia; Kienast, Annika; Le Heron, Campbell; Muhammed, Kinan; Hu, Michele; Husain, Masud

2018-05-21

Animals make innumerable decisions every day, each of which involves evaluating potential options for action. But how are options generated? Although much is now known about decision making when a fixed set of potential options is provided, surprisingly little progress has been made on self-generated options. Some researchers have proposed that such abilities might be modulated by dopamine. Here, we used a new measure of option generation that is quantitative, objective, and culture fair to investigate how humans generate different behavioral options. Participants were asked to draw as many different paths (options) as they could between two points within a fixed time. Healthy individuals (n = 96) exhibited a trade-off between uniqueness (how individually different their options were) and fluency (number of options), generating either many similar or few unique options. To assess influence of dopamine, we first examined patients with Parkinson's disease (n = 35) ON and OFF their dopaminergic medication and compared them to elderly healthy controls (n = 34). Then we conducted a double-blind, placebo-controlled crossover study of the D2 agonist cabergoline in healthy older people (n = 29). Across both studies, dopamine increased fluency but diminished overall uniqueness of options generated, due to the effect of fluency trading off with uniqueness. Crucially, however, when this trade-off was corrected for, dopamine was found to increase uniqueness for any given fluency. Three carefully designed control studies showed that performance on our option-generation task was not related to executing movements, planning actions, or selecting between generated options. These findings show that dopamine plays an important role in modulating option generation. Copyright © 2018 The Author(s). Published by Elsevier Ltd.. All rights reserved.

Alberta Environment's weir safety program : options for rehabilitation to improve public safety : a case study of the Calgary weir

Energy Technology Data Exchange (ETDEWEB)

NONE

2010-07-01

Alberta Environment's water management operations (WMO) own and operates 46 dams and 800 km of canals. This presentation discussed a rehabilitation program designed to improve the safety of the WMO's Calgary weir which was built in 1908 to encourage settlement in the province. The weir includes a 32 m wide sluiceway, a 2.5 m concrete weir, and a fish ladder. A portage trail has been built to accommodate canoes, and signs are posted to indicate the hazards associated with the weir. The WMO has also launched an advertising campaign to outline hazards to the general public. The WMO has a contract with the Calgary fire department (CFD) to maintain a safety boom and provide rescue operations at the weir. The weir project aims to accommodate access and safety while enhancing flood conveyance capabilities of the weir. The project will allow upstream passage for patrol boats operated by the Calgary fire department's aquatic rescue service. The final design of the weir will include a series of drops constructed downstream of the weir to create pool and riffle structures that will eliminate hydraulic rollers. Notches will be cut in the weir to regulate flows moving through the new low and high flow channels. Case studies of other low-head dams operated by the WMO were also presented. tabs., figs.

The Factor Structure in Equity Options

DEFF Research Database (Denmark)

Christoffersen, Peter; Fournier, Mathieu; Jacobs, Kris

Principal component analysis of equity options on Dow-Jones firms reveals a strong factor structure. The first principal component explains 77% of the variation in the equity volatility level, 77% of the variation in the equity option skew, and 60% of the implied volatility term structure across...... equities. Furthermore, the first principal component has a 92% correlation with S&P500 index option volatility, a 64% correlation with the index option skew, and a 80% correlation with the index option term structure. We develop an equity option valuation model that captures this factor structure...

The information content of options

OpenAIRE

Navon, Yonatan

2017-01-01

The objective of this thesis is to examine the information content of stock options in financial markets. A key question in financial economics is how information diffuses across markets and how quickly it is reflected in security prices. This thesis aims at exploring this question by investigating the informational role that options play in financial markets. This is achieved by exploring the joint cross section of option and bond prices, the informational role of options in seasoned equity ...

48 CFR 17.107 - Options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Options. 17.107 Section 17... CONTRACT TYPES SPECIAL CONTRACTING METHODS Multiyear Contracting 17.107 Options. Benefits may accrue by including options in a multiyear contract. In that event, contracting officers must follow the requirements...

Balancing of solar heating options

NARCIS (Netherlands)

Veltkamp, W.B.; van Koppen, C.W.J.; Ouden, den C.

1984-01-01

In the field of energy conservation many options are presently competing. This study aims at providing more rational criteria for selection between these options.The options considered are; insulation of the walls, regeneration of the heat in the waste air, double glazing, attached sunspace at the

Stock option repricing in Europe

NARCIS (Netherlands)

Sauer, M.; Sautner, Z.

2008-01-01

This paper investigates the link between option repricing, firm performance and corporate governance in Europe. Our sample consists of 77 European firms that repriced their stock option between 1987 and 2003. We document that option repricing is mainly a phenomenon for young and fast growing firms

48 CFR 2917.207 - Exercising options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 7 2010-10-01 2010-10-01 false Exercising options. 2917... AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 2917.207 Exercising options. The contracting officer must use a standardized determination and finding before exercising an option in accordance with...

75 FR 10740 - New Car Assessment Program (NCAP); Safety Labeling

Science.gov (United States)

2010-03-09

... the Monroney (automobile price sticker) label. In July 2008, NHTSA announced a decision to enhance the... decisions, we seek comment on whether NHTSA's planned follow-up consumer testing for the safety section of... side window showing the price of the vehicle and the options installed on that vehicle. This label is...

Safety and proliferation concerns as constraints on nuclear power

International Nuclear Information System (INIS)

Gordon, L.

1981-01-01

Issues of safety and proliferation with respect to the nuclear option are discussed in this chapter. The basic premises underlying the author's analysis are: energy supply and use is a means to promote desired forms of development and not an end in itself; avoidance of nuclear mysticiam; avoidance of permanent discrimination; recognition of incommensurables; technological sophistication; and nuclear proliferation motivations apart from nuclear power development. A rational energy planner in a developing country will have to weigh carefully the interwoven factors of comparative costs and safety. Apart from cost considerations, the principal motivation for developing nuclear power is energy security

38 CFR 6.10 - Options.

Science.gov (United States)

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Options. 6.10 Section 6.10 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS UNITED STATES GOVERNMENT LIFE INSURANCE Optional Settlement § 6.10 Options. Insurance will be payable in one sum only when...

Perpetual Cancellable American Call Option

OpenAIRE

Emmerling, Thomas J.

2010-01-01

This paper examines the valuation of a generalized American-style option known as a Game-style call option in an infinite time horizon setting. The specifications of this contract allow the writer to terminate the call option at any point in time for a fixed penalty amount paid directly to the holder. Valuation of a perpetual Game-style put option was addressed by Kyprianou (2004) in a Black-Scholes setting on a non-dividend paying asset. Here, we undertake a similar analysis for the perpetua...

Proposal of guidelines for selecting optimum options in packagings and transportation systems of spent fuel

International Nuclear Information System (INIS)

Saegusa, T.; Abe, H.; Fukuda, S.

1983-01-01

Type and size of spent fuel shipping packagings and packaging transport ships in spent fuel transport system would have been determined separately in response to technical requirements etc. of reactor sites and reprocessing plants. However, since more and more spent fuel will be generated from world's nuclear power plants and will be transported much frequently to reprocessing plants or storage facilities, the current spent fuel transport system will have to be necessarily reexamined from the operational and economical aspects or an optimum transport system may have to be newly determined in the near future. In the literature, a variety of options are found, particularly of spent fuel packagings. This paper listed and classified options of spent fuel packagings and packaging transport ships in the transportation systems of spent fuel on the basis of literature surveys. These options were discussed from viewpoints of designers and users and compared in terms of transport efficiency. Finally, one way to determine an optimum transport system of spent fuel was indicated considering the total transport system in the light of safety, operational efficiency and economy

48 CFR 317.107 - Options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Options. 317.107 Section... CONTRACT TYPES SPECIAL CONTRACTING METHODS Multi-year Contracting 317.107 Options. When used as part of a multi-year contract, options shall not be used to extend the performance of the original requirement for...

38 CFR 8.25 - Options.

Science.gov (United States)

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Options. 8.25 Section 8.25 Pensions, Bonuses, and Veterans' Relief DEPARTMENT OF VETERANS AFFAIRS NATIONAL SERVICE LIFE INSURANCE Optional Settlements § 8.25 Options. Insurance will be paid in a lump sum only when selected by...

Bounds for Asian basket options

Science.gov (United States)

Deelstra, Griselda; Diallo, Ibrahima; Vanmaele, Michèle

2008-09-01

In this paper we propose pricing bounds for European-style discrete arithmetic Asian basket options in a Black and Scholes framework. We start from methods used for basket options and Asian options. First, we use the general approach for deriving upper and lower bounds for stop-loss premia of sums of non-independent random variables as in Kaas et al. [Upper and lower bounds for sums of random variables, Insurance Math. Econom. 27 (2000) 151-168] or Dhaene et al. [The concept of comonotonicity in actuarial science and finance: theory, Insurance Math. Econom. 31(1) (2002) 3-33]. We generalize the methods in Deelstra et al. [Pricing of arithmetic basket options by conditioning, Insurance Math. Econom. 34 (2004) 55-57] and Vanmaele et al. [Bounds for the price of discrete sampled arithmetic Asian options, J. Comput. Appl. Math. 185(1) (2006) 51-90]. Afterwards we show how to derive an analytical closed-form expression for a lower bound in the non-comonotonic case. Finally, we derive upper bounds for Asian basket options by applying techniques as in Thompson [Fast narrow bounds on the value of Asian options, Working Paper, University of Cambridge, 1999] and Lord [Partially exact and bounded approximations for arithmetic Asian options, J. Comput. Finance 10 (2) (2006) 1-52]. Numerical results are included and on the basis of our numerical tests, we explain which method we recommend depending on moneyness and time-to-maturity.

Breast Cancer: Treatment Options

Science.gov (United States)

... Breast Cancer > Breast Cancer: Treatment Options Request Permissions Breast Cancer: Treatment Options Approved by the Cancer.Net Editorial ... can be addressed as quickly as possible. Recurrent breast cancer If the cancer does return after treatment for ...

OPTION(5) versus OPTION(12) instruments to appreciate the extent to which healthcare providers involve patients in decision-making.

Science.gov (United States)

Stubenrouch, Fabienne E; Pieterse, Arwen H; Falkenberg, Rijan; Santema, T Katrien B; Stiggelbout, Anne M; van der Weijden, Trudy; Aarts, J Annemijn W M; Ubbink, Dirk T

2016-06-01

The 12-item "observing patient involvement" (OPTION(12))-instrument is commonly used to assess the extent to which healthcare providers involve patients in health-related decision-making. The five-item version (OPTION(5)) claims to be a more efficient measure. In this study we compared the Dutch versions of the OPTION-instruments in terms of inter-rater agreement and correlation in outpatient doctor-patient consultations in various settings, to learn if we can safely switch to the shorter OPTION(5)-instrument. Two raters coded 60 audiotaped vascular surgery and oncology patient consultations using OPTION(12) and OPTION(5). Unweighted Cohen's kappa was used to compute inter-rater agreement on item-level. The association between the total scores of the two OPTION-instruments was investigated using Pearson's correlation coefficient (r) and a Bland & Altman plot. After fine-tuning the OPTION-manuals, inter-rater agreement for OPTION(12) and OPTION(5) was good to excellent (kappa range 0.69-0.85 and 0.63-0.72, respectively). Mean total scores were 23.7 (OPTION(12); SD=7.8) and 39.3 (OPTION(5); SD=12.7). Correlation between the total scores was high (r=0.71; p=0.01). OPTION(5) scored systematically higher with a wider range than OPTION(12). Both OPTION-instruments had a good inter-rater agreement and correlated well. OPTION(5) seems to differentiate better between various levels of patient involvement. The OPTION(5)-instrument is recommended for clinical application. Copyright © 2015 Elsevier Ireland Ltd. All rights reserved.

OECD/NEA WGFCS Workshop: Safety Assessment of Fuel Cycle Facilities - Regulatory Approaches and Industry Perspectives

International Nuclear Information System (INIS)

2013-01-01

Nuclear fuel is produced, processed, and stored mainly in industrial-scale facilities. Uranium ores are processed and refined to produce a pure uranium salt stream, Uranium is converted and enriched, nuclear fuel is fabricated (U fuel and U/Pu fuel for the closed cycle option); and spent fuel is stored and reprocessed in some countries (close cycle option). Facilities dedicated to the research and development of new fuel or new processes are also considered as Fuel Cycle Facilities. The safety assessment of nuclear facilities has often been led by the methodology and techniques initially developed for Nuclear Power Plants. As FCFs cover a wide diversity of installations the various approaches of national regulators, and their technical support organizations, for the Safety Assessment of Fuel Cycle Facilities are also diverse, as are the approaches by their industries in providing safety justifications for their facilities. The objective of the Working Group on Fuel Cycle Safety is to advance the understanding for both regulators and operators of relevant aspects of nuclear fuel cycle safety in member countries. A large amount of experience is available in safety assessment of FCFs, which should be shared to develop ideas in this field. To contribute to this task, the Workshop on 'Safety Assessment of Fuel Cycle Facilities - Regulatory Approaches and Industry Perspectives' was held in Toronto, on 27 - 29 September 2011. The workshop was hosted by Canadian Nuclear Safety Commission. The current proceedings provide summary of the results of the workshop with the text of the papers given and presentations made

24 CFR 206.19 - Payment options.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Payment options. 206.19 Section 206... CONVERSION MORTGAGE INSURANCE Eligibility; Endorsement Eligible Mortgages § 206.19 Payment options. (a) Term payment option. Under the term payment option, equal monthly payments are made by the mortgagee to the...

Traditional preventive treatment options

DEFF Research Database (Denmark)

Longbottom, C; Ekstrand, K; Zero, D

2009-01-01

Preventive treatment options can be divided into primary, secondary and tertiary prevention techniques, which can involve patient- or professionally applied methods. These include: oral hygiene (instruction), pit and fissure sealants ('temporary' or 'permanent'), fluoride applications (patient...... options....

24 CFR 35.120 - Options.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 1 2010-04-01 2010-04-01 false Options. 35.120 Section 35.120... and Definitions for All Programs. § 35.120 Options. (a) Standard treatments. Where interim controls are required by this part, the designated party has the option to presume that lead-based paint or...

Minimizing risks of maritime oil transport by holistic safety strategies (MIMIC) Final report

DEFF Research Database (Denmark)

Haapasaari, Päivi Elisabet; Dahlbo, Kim; Aps, Robert

the costeffectiveness of different types of risk control options in reducing the risks of oil accidents. The cost-effectiveness of the ENSI (Enhanced Navigation Support Information) service, compulsory pilotage, and improved crashworthiness of ships was evaluated. According to the results, the ENSI service is the most......, and the consequent oil outflow  - evaluated optional measures to control oil accident risks and produced a related decision support model  - developed tools for estimating the length of oiled shoreline after an accident  - developed tools for examining the recovery efficiency and optimal disposition of Finnish...... oil combating vessels and for forecasting the clean-up costs of oil spills  - improved operational tools for guiding oil combating activities  - identified and assessed security threats and pondered their connection to safety - analysed the prevailing regulatory system related to maritime safety...

Consideration of social scientific issues in a safety case. Final report

International Nuclear Information System (INIS)

Sailer, Michael; Kallenbach-Herbert, Beate; Brohmann, Bettina; Spieth-Achtnich, Angelika

2010-01-01

The research outcome presented here - a model for identifying and describing safety-relevant social scientific issues - provides a scientific basis for addressing these issues in a safety case. In order for them to be implemented in a repository process, it would be necessary to elaborate in greater detail the initial conceptual foundations that have been laid in this research project in line with the project's terms of reference. The requisite elaboration relates to binding rules for designing the repository process, particularly with regard to the stages in which the safety case is to be developed during planning, approval, construction and operation through to repository closure. Such detailed elaboration also needs to involve specifying the extent to which each social scientific issue and sub-issue is to be addressed in the different stages. Consideration would need to be given not only to the relevance of the issue for a given stage but also to the various options and methods for providing proof of safety. It would be possible to draw on experiences with handling safety management in nuclear power plants - a sphere in which over the last ten years efforts have been ongoing to develop methods for presentation by the operator and review by the authorities. Furthermore, it is likely that the social scientific issues relevant to a safety case cannot be defined once and for all in a single process, but that the need for continual revision and adaptation will arise due to both the increasing knowledge acquired during the course of the repository process and the experiences and expectations of stakeholders (similarly to experiences in the sphere of scientific-technological requirements). Appropriate conditions need to be defined for such a process. This process could be supported by implementing the option mentioned above whereby a regulatory definition of safety management for geological disposal is formulated which encompasses all safety-relevant social scientific

FTR-option formulation and pricing

International Nuclear Information System (INIS)

Parmeshwaran, Vijay; Muthuraman, Kumar

2009-01-01

Recent changes in electricity markets have advocated the use of Local Marginal Prices (LMP) for congestion management and pricing. From the perspective of market participants, the LMPs pose a risk since they are not known before a transaction on the grid is made. Financial transmission rights (FTR) are instruments that help market participants hedge this risk and are issuable in two flavors - obligations and options. While pricing obligations are much easier, pricing FTR options pose a significant challenge. In this paper we develop a computational method for pricing FTR options. We also discuss the problem of designing financial instrument sets that assure revenue adequacy for the issuer. We point out the difficulty in assuring revenue adequacy when FTR options are present and propose a scheme for overcoming the difficulty. The proposed pricing method can be used to compute prices of options and obligations in the primary market or as a reliable pricing tool to compute option prices in the secondary market. Finally using a test network we present and discuss numerical results. (author)

Alternative pharmacological treatment options for agitation in Alzheimer’s disease

Directory of Open Access Journals (Sweden)

Francesco Panza

2015-11-01

Full Text Available In patients with dementia and Alzheimer’s disease (AD, treatment of neuropsychiatric symptoms (NPS is a major concern in the management of these devastating diseases. Among NPS in AD, agitation and aggression are common with earlier institutionalization, increased morbidity and mortality, and greater caregiver burden. Pharmacological treatments for AD-related agitation, specifically off-label use of atypical antipsychotics, showed only modest improvements, with increased side-effect burden and risk of mortality. Non-pharmacological treatment approaches have become the preferred firstline option. However, when such treatments fail, pharmacological options are often used. Therefore, there is an urgent need to identify effective and safe pharmacological treatments for agitation/aggression in AD and dementia. Unfortunately, progresses have been slow, with a small number of methodologically heterogeneous randomized controlled trials (RCTs, with disappointing results. However, evidence coming from recently completed RCTs on novel or repositioned drugs (mibampator, dextromethorphan/ quinidine, cannabinoids, and citalopram showed some promise in treating agitation in AD, but still with safety concerns. Further evidence will come from ongoing Phase II and III trials on promising novel drugs for treating these distressing symptoms in patients with AD and dementia.

Management of tritium-contaminated wastes a survey of alternative options

International Nuclear Information System (INIS)

Mannone, F.

1990-01-01

The European Tritium Handling Experimental Laboratory (ETHEL) under construction on the site of Ispra Joint Research Centre of the Commission of European Communities has been commissioned to experimentally develop operational and environmental safety aspects related to the tritium technology in fusion, i.e. dealing with the behaviour and reliability of materials, equipment and containment systems under tritium impact. For this reason a part of the experimental activities to be performed in ETHEL will be devoted to laboratory research on tritiated waste management. However, since all experimental activities planned for the execution in ETHEL will by itselves generate tritiated wastes, current strategies and practices to be applied for the routine management of these wastes need also to be defined. To attain this target an adequate background information must be provided, which is the intent of this report. Through an exhaustive literature survey tritiated waste management options till now investigated or currently applied in several countries have been assessed. A particular importance has been attached to the tritium leach test programmes, whose results enable to assess the tritium retention efficiency of the various waste immobilization options. The conclusions resulting from the overall assessment are presented

Valuing real options: frequently made errors

OpenAIRE

Fernández, Pablo

2002-01-01

In this paper we analyze frequently made errors when valuing real options. The best way of doing it is through examples. We start by analyzing Damodaran's proposal to value the option to expand the business of Home Depot. Some of the errors and problems of this and other approaches are: - Assuming that the option is replicable and using Black and Scholes' formula. - The estimation of the option's volatility is arbitrary and has a decisive effect on the option's value. - As there is no riskles...

26 CFR 1.544-4 - Options.

Science.gov (United States)

2010-04-01

... 26 Internal Revenue 7 2010-04-01 2010-04-01 true Options. 1.544-4 Section 1.544-4 Internal Revenue... (CONTINUED) Personal Holding Companies § 1.544-4 Options. The shares of stock which may be acquired by reason of an option shall be considered to be constructively owned by the individual having the option to...

Current status in the treatment options for esophageal achalasia.

Science.gov (United States)

Chuah, Seng-Kee; Chiu, Chien-Hua; Tai, Wei-Chen; Lee, Jyong-Hong; Lu, Hung-I; Changchien, Chi-Sin; Tseng, Ping-Huei; Wu, Keng-Liang

2013-09-07

Recent advances in the treatment of achalasia include the use of high-resolution manometry to predict the outcome of patients and the introduction of peroral endoscopic myotomy (POEM). The first multicenter randomized, controlled, 2-year follow-up study conducted by the European Achalasia Trial group indicated that laparoscopic Heller myotomy (LHM) was not superior to pneumatic dilations (PD). Publications on the long-term success of laparoscopic surgery continue to emerge. In addition, laparoscopic single-site surgery is applicable to advanced laparoscopic operations such as LHM and anterior fundoplication. The optimal treatment option is an ongoing matter of debate. In this review, we provide an update of the current progress in the treatment of esophageal achalasia. Unless new conclusive data prove otherwise, LHM is considered the most durable treatment for achalasia at the expense of increased reflux-associated complications. However, PD is the first choice for non-surgical treatment and is more cost-effective. Repeated PD according to an "on-demand" strategy based on symptom recurrence can achieve long-term remission. Decision making should be based on clinical evidence that identifies a subcategory of patients who would benefit from specific treatment options. POEM has shown promise but its long-term efficacy and safety need to be assessed further.

Illiquidity Premia in the Equity Options Market

DEFF Research Database (Denmark)

Christoffersen, Peter; Goyenko, Ruslan; Jacobs, Kris

Illiquidity is well-known to be a significant determinant of stock and bond returns. We report on illiquidity premia in the equity options market. An increase in option illiquidity decreases the current option price and implies higher expected option returns. This effect is statistically and econ......Illiquidity is well-known to be a significant determinant of stock and bond returns. We report on illiquidity premia in the equity options market. An increase in option illiquidity decreases the current option price and implies higher expected option returns. This effect is statistically...... and economically signifi…cant. It is robust across different empirical approaches and when including various control variables. The illiquidity of the underlying stock affects the option return negatively, consistent with a hedging argument: When stock market illiquidity increases, the cost of replicating...

45 CFR 1306.34 - Combination program option.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 4 2010-10-01 2010-10-01 false Combination program option. 1306.34 Section 1306... START PROGRAM HEAD START STAFFING REQUIREMENTS AND PROGRAM OPTIONS Head Start Program Options § 1306.34 Combination program option. (a) Combination program option requirements: (1) Grantees implementing a...

48 CFR 517.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Exercise of options. 517... METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 517.207 Exercise of options. Before exercising an option, you must: (a) Synopsize it unless you meet of the following conditions: (1) The option...

24 CFR 982.625 - Homeownership option: General.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Homeownership option: General. 982... Types Homeownership Option § 982.625 Homeownership option: General. (a) The homeownership option is used... family assisted under the homeownership option may be a newly admitted or existing participant in the...

Safety assessment of a borehole type disposal facility using the ISAM methodology

International Nuclear Information System (INIS)

Blerk, J.J. van; Yucel, V.; Kozak, M.W.; Moore, B.A.

2002-01-01

As part of the IAEA's Co-ordinated Research Project (CRP) on Improving Long-term of Safety Assessment Methodologies for Near Surface Waste Disposal Facilities (ISAM), three example cases were developed. The aim was to test the ISAM safety assessment methodology using as realistic as possible data. One of the Test Cases, the Borehole Test Case (BTC), related to a proposed future disposal option for disused sealed radioactive sources. This paper uses the various steps of the ISAM safety assessment methodology to describe the work undertaken by ISAM participants in developing the BTC and provides some general conclusions that can be drawn from the findings of their work. (author)

India's power programs and its concern over environmental safety

International Nuclear Information System (INIS)

Prasad, G.E.; Mittra, J.; Sarma, M.S.R.

2000-01-01

India's need for electrical power is enormous and per capita consumption of power is to be increased at least by 10 times to reach the level of the world average. Thermal power generation faces two-fold problems. First, there is scarcity of good quality fuel and second, increasing environmental pollution. India 's self reliant, . three stage, 'closed-fuel-cycle' nuclear power program is promising a better solution to the above problems. To ensure Radiation Protection and Safety of Radiation Sources, the Indian Nuclear Power program emphasizes upon design and engineering safety by incorporating' necessary safety features in the design, operational safety through a structured training program and typically through software packages to handle rare unsafe events and regulation by complying safety directives. A health survey among the radiation workers indicates that there is no extra threat to the public from the nuclear power program. Based on the latest technology, as available in case of the nuclear power option, it is quite possible to meet high energy requirements with least impact on the environment. (authors)

The development of international safety standards on geological disposal

International Nuclear Information System (INIS)

McCartin, T.

2005-01-01

The IAEA is developing a set of safety requirements for geologic disposal to be used by both developers and regulators for planning, designing, operating, and closing a geologic disposal facility. Safety requirements would include quantitative criteria for assessing safety of geologic disposal facilities as well as requirements for development of the facility and the safety strategy including the safety case. Geologic disposal facilities are anticipated to be developed over a period of at least a few decades. Key decisions, e.g., on the disposal concept, siting, design, operational management and closure, are expected to be made in a series of steps. Decisions will be made based on the information available at each step and the confidence that may be placed in that information. A safety strategy is important for ensuring that at each step during the development of the disposal facility, an adequate understanding of the safety implications of the available options is developed such that the ultimate goal of providing an acceptable level of operational and post closure safety will be met. A safety case for a geologic disposal facility would present all the safety relevant aspects of the site, the facility design and the managerial and regulatory controls. The safety case and its supporting assessments illustrates the level of protection provided and shall give reasonable assurance that safety standards will be met. Overall, the safety case provides confidence in the feasibility of implementing the disposal system as designed, convincing estimates of the performance of the disposal system and a reasonable assurance that safety standards will be met. (author)

Option Derivatives in Electricity Hedging

Directory of Open Access Journals (Sweden)

P. Pavlátka

2010-01-01

Full Text Available Despite the high volatility of electricity prices, there is still little demand for electricity power options, and the liquidity on the power exchanges of these power derivatives is quite low. One of the reasons is the uncertainty about how to evaluate these electricity options and about finding the right fair value of this product. Hedging of electricity is associated mainly with products such as futures and forwards. However, due to new trends in electricity trading and hedging, it is also useful to think more about options and the principles for working with them in hedging various portfolio positions and counterparties. We can quite often encounter a situation when we need to have a perfect hedge for our customer’s (end user consuming electricity portfolio, or we have to evaluate the volumetric risk (inability of a customer to predict consumption, which is very similar to selling options. Now comes the moment to compare the effects of using options or futures to hedge these open positions. From a practical viewpoint, the Black-Scholes prices appear to be the best available and the simplest method for evaluating option premiums, but there are some limitations that we have to consider.

Analytic American Option Pricing and Applications

OpenAIRE

Sbuelz, A.

2003-01-01

I use a convenient value breakdown in order to obtain analytic solutions for finitematurity American option prices.Such a barrier-option-based breakdown yields an analytic lower bound for the American option price, which is as price-tight as the Barone-Adesi and Whaley (1987) analytic value proxy for short and medium maturities and exhibits good convergence to the Merton (1973) perpetual option price for large maturities.

Application of system safety engineering techniques for hazard prevention at the Superconducting Super Collider

International Nuclear Information System (INIS)

Hendrix, B.L.

1991-01-01

A primary goal of the Superconducting Super Collider Laboratory (SSCL) is to establish an exemplary safety program. Achieving this goal requires leadership, planning, coordination, and technical know-how. To ensure that safety is an inherent part of the design, the Environment, Safety and Health Office employs a systems engineering discipline and process known as System Safety. The goal of System Safety - hazard prevention - is accomplished by analyzing systems to identify hazards and to evaluate design and procedural options and countermeasures to prevent, eliminate, mitigate, or control hazards and risks. Establishment of safety and human factors design criteria at the outset of the project prevents unsafe designs and safety violations, reduces risks, and helps in avoiding costly design changes later. This process requires a considerable amount of coordination with a variety of technical disciplines and safety professionals to integrate methods of hazard prevention, mitigation, and risk reduction throughout the system life-cycle

The Nirex Safety Assessment Research Programme; annual report for 1988/89

International Nuclear Information System (INIS)

Cooper, M.J.

1989-07-01

This report summarises progress of the Nirex Safety Assessment Research Programme during 1988/89, in support of assessments of the post-emplacement radiological safety of a repository for the disposal of low-level and intermediate-level radioactive waste. During this period the assessments were concentrating on a comparative study of concepts and areas for deep emplacement of waste, in order to assist in the selection of preferred sites, and the research programme was therefore focussed on providing the data necessary for broad comparisons between different options to be made. (author)

Option-implied measures of equity risk

DEFF Research Database (Denmark)

Chang, Bo-Young; Christoffersen, Peter; Vainberg, Gregory

2012-01-01

Equity risk measured by beta is of great interest to both academics and practitioners. Existing estimates of beta use historical returns. Many studies have found option-implied volatility to be a strong predictor of future realized volatility. We find that option-implied volatility and skewness...... are also good predictors of future realized beta. Motivated by this finding, we establish a set of assumptions needed to construct a beta estimate from option-implied return moments using equity and index options. This beta can be computed using only option data on a single day. It is therefore potentially...

Study of Agricultural Product Options Pricing

Science.gov (United States)

HONG, Qiu

2017-09-01

China is a large agricultural country, and the healthy development of agriculture is related to the stability of the whole society. The agricultural production and management of agricultural products are confronted with many risks, especially the market risks. Option contract is the object of option market transaction, so it is very important to study the option contract of agricultural products. Option trading separates the risk and profit, so that the trader can avoid the risk while retaining the opportunity to obtain income. The option has the characteristics of low transaction cost, simple and efficient, so it is suitable for small and medium investors.

Treatment Options by Stage (Pancreatic Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Esophageal Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Vulvar Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Penile Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Non-Hodgkin Lymphoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... lymphoma may come back as indolent lymphoma. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Prostate Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Adrenocortical Carcinoma)

Science.gov (United States)

... affect the prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Childhood Hodgkin Lymphoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... the lungs , liver , bones, or bone marrow . Treatment Option Overview Key Points There are different types of ...

Treatment Options for Adult Hodgkin Lymphoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Chronic Lymphocytic Leukemia)

Science.gov (United States)

... examination under a microscope. Certain factors affect treatment options and prognosis (chance of recovery). Treatment options depend ... that does not get better with treatment. Treatment Option Overview Key Points There are different types of ...

Hairy Cell Leukemia Treatment Option Overview

Science.gov (United States)

... or a swollen spleen. Certain factors affect treatment options and prognosis (chance of recovery). The treatment options ... cell leukemia has not responded to treatment. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Small Intestine Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adult Hodgkin Lymphoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Merkel Cell Carcinoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... common for Merkel cell carcinoma to recur. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Childhood Hodgkin Lymphoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... the lungs , liver , bones, or bone marrow . Treatment Option Overview Key Points There are different types of ...

Treatment Options for AIDS-Related Lymphoma

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... nervous system is not primary CNS lymphoma. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Renal Cell Cancer

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Gastrointestinal Carcinoid Tumors

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... body. Has not gotten better with treatment. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Gastric Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... such as the liver or lymph nodes . Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Thyroid Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Chronic Myelogenous Leukemia

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... of blast cells increases after a remission . Treatment Option Overview Key Points There are different types of ...

Margin Requirements and Equity Option Returns

DEFF Research Database (Denmark)

Hitzemann, Steffen; Hofmann, Michael; Uhrig-Homburg, Marliese

In equity option markets, traders face margin requirements both for the options themselves and for hedging-related positions in the underlying stock market. We show that these requirements carry a significant margin premium in the cross-section of equity option returns. The sign of the margin...... premium depends on demand pressure: If end-users are on the long side of the market, option returns decrease with margins, while they increase otherwise. Our results are statistically and economically significant and robust to different margin specifications and various control variables. We explain our...... findings by a model of funding-constrained derivatives dealers that require compensation for satisfying end-users’ option demand....

Margin Requirements and Equity Option Returns

DEFF Research Database (Denmark)

Hitzemann, Steffen; Hofmann, Michael; Uhrig-Homburg, Marliese

In equity option markets, traders face margin requirements both for the options themselves and for hedging-related positions in the underlying stock market. We show that these requirements carry a significant "margin premium" in the cross-section of equity option returns. The sign of the margin...... premium depends on demand pressure: If end-users are on the long side of the market, option returns decrease with margins, while they increase otherwise. Our results are statistically and economically significant and robust to different margin specifications and various control variables. We explain our...... findings by a model of funding-constrained derivatives dealers that require compensation for satisfying end-users’ option demand....

Gamma-Knife surgery (GKS) in patients with acromegaly: safety and efficacy

International Nuclear Information System (INIS)

Katz, D.; Miragaya, K.; Tenca, E.; Margni, A.; Artes, C.; Antico, J.

2007-01-01

The acromegaly is associated with increased morbidity and mortality than the general population. Since the surgical and pharmacological treatment for acromegaly have specific limitations, the GKS has been used as a therapeutic option in selected patients. The object is to evaluate the efficacy and safety of GKS in patients with acromegaly [es

Option Pricing using Realized Volatility

DEFF Research Database (Denmark)

Stentoft, Lars Peter

dynamics to be used for option pricing purposes in this framework, and we show that our model explains some of the mispricings found when using traditional option pricing models based on interdaily data. We then show explicitly that a Generalized Autoregressive Conditional Heteroskedastic model with Normal...... Inverse Gaussian distributed innovations is the corresponding benchmark model when only daily data is used. Finally, we perform an empirical analysis using stock options for three large American companies, and we show that in all cases our model performs significantly better than the corresponding...... benchmark model estimated on return data alone. Hence the paper provides evidence on the value of using high frequency data for option pricing purposes....

Americal options analyzed differently

NARCIS (Netherlands)

Nieuwenhuis, J.W.

2003-01-01

In this note we analyze in a discrete-time context and with a finite outcome space American options starting with the idea that every tradable should be a martingale under a certain measure. We believe that in this way American options become more understandable to people with a good working

Nuclear technology options

International Nuclear Information System (INIS)

Salvatores, Massimo

2013-01-01

Different strategies and motivations in different countries have led to diverse options. In Europe the SNETP (Sustainable Nuclear Energy Technology Platform) has the objective of developing R&D supporting GEN-II (present) and GEN-III nuclear systems under development; allowing sustainability and minimisation of waste burden, promoting advanced Gen-IV Fast Reactors; and accounting for a Nuclear Cogeneration Industrial Initiative. A remarkable initiative in the USA has been the promotion of small modular reactors (SMRs) – at less than 300 MWe in capacity, much smaller than typical reactors – which can be an ideal choice for (remote) areas which cannot support a larger reactor. Compact scalable design offers a host of potential safety, construction and economic benefits. More “upbeat” strategies are expected in other areas of the world where significant increase in nuclear energy demand is predicted in the next decades. If this growth materialises, future fuel cycles characteristics, feasibility and acceptability will be crucial. This paper will discuss different scenarios for future fuel cycles, resources optimisation and/or waste minimization, the range from full fast reactor deployment to phase-out, management of spent nuclear fuel and the significant potential benefits of advanced cycles. The next 45 years will be dominated by deployment of standard large or medium size plants operating for 60 years. Available resources do allow it. However, fuel cycle will be a growing and most challenging issue and early assessments will be needed for public acceptance and policy decisions.

Managing the side effects of multiple sclerosis therapy: pharmacotherapy options for patients.

Science.gov (United States)

Rommer, Paulus S; Zettl, Uwe K

2018-04-01

Multiple sclerosis (MS) is an immune-mediated and neurodegenerative disease with an unpredictable outcome. Immune-modulatory treatment aims at decreasing long-term disability. With the increasing number of treatment options, it is essential to fully digest the possible side effects of the available therapeutics and to monitor patients is essential. Areas covered: All approved disease-modifying drugs (DMD) for MS are discussed in this review. Mode of action, adverse effects, reported risks for infections and malignancies, and pregnancy related issues are discussed in the review. The authors also provide suggestions for monitoring therapy. For all approved DMDs the pivotal studies have been included for possible side effects, as well as reports by health authorities. For this manuscript, PubMed was checked for reports on side effects for various drugs. Expert opinion: Treatment options in MS are manifold, each carrying different risks. The safety-risk profile for approved agents is favorable. Knowing and monitoring these possible side effects is essential to minimize risks associated with treatment. Presently, the long-term experience for some of these therapies is missing and this must be addressed.

Alternative Fuels Data Center: Biodiesel Equipment Options

Science.gov (United States)

Equipment Options to someone by E-mail Share Alternative Fuels Data Center: Biodiesel Equipment Options on Facebook Tweet about Alternative Fuels Data Center: Biodiesel Equipment Options on Twitter Bookmark Alternative Fuels Data Center: Biodiesel Equipment Options on Google Bookmark Alternative Fuels

Inherent safety characteristics of innovative reactors

International Nuclear Information System (INIS)

Heil, J.A.

1995-11-01

of the considered innovative designs with passive safety features and increased simplicity, the modular gas-cooled reactors offer the best option for support. 5 figs., 4 tabs., 11 refs., 7 appendices

Problems in the assessment of inherent safety characteristics of nuclear reactors

International Nuclear Information System (INIS)

Garribba, S.F.; Vivante, C.

1988-01-01

A number of proposals are being made for an increased RD and D effort on advanced nuclear power reactors that would display outstanding safety performance. A common characteristic of the different reactor concepts would be their limited reliance upon active engineered systems under major accident conditions. However, when submitted to a more close scrutiny reactor concept options may reveal diverging safety behaviors and also development opportunities. In this respect, three issues are explored in this paper. A first question is the meaning of non-active, i.e. inherent and passive safety features. Next, is the ranking of advanced and new reactor concepts from the viewpoint of inherent and passive safety. Multiple correspondence analysis may provide a simple tool, whose use is shown for the case of HTR-500, AP600 and PRISM. Conversely, probabilistic risk assessment would allow quantitative comparisons, although lack of information and data is an obstacle. Finally, is demonstration of safety performances as a step toward market deployment of the new reactor systems

78 FR 7997 - Noncompensatory Partnership Options

Science.gov (United States)

2013-02-05

... Noncompensatory Partnership Options AGENCY: Internal Revenue Service (IRS), Department of the Treasury. ACTION... noncompensatory options and convertible instruments issued by a partnership. The final regulations generally provide that the exercise of a noncompensatory option does not cause the recognition of immediate income...

Portfolio insurance using traded options

OpenAIRE

Machado-Santos, Carlos

2001-01-01

Literature concerning the institutional use of options indicates that the main purpose of option trading is to provide investors with the opportunity to create return distributions previously unavailable, considering that options provide the means to manipulate portfolio returns. In such a context, this study intends to analyse the returns of insured portfolios generated by hedging strategies on underlying stock portfolios. Because dynamic hedging is too expensive, we have hedged the stock po...

Toward a sustainable cement industry in 2020 : improvement of the environmental, health & safety performance

NARCIS (Netherlands)

2001-01-01

This background document concentrates on technical and managerial aspects of Environmental, Health & Safety Performance (EHS) control in the cement industry. It gives an overview of options for improvement toward a sustainable cement production in 2020. Energy consumption and use of alternative

48 CFR 3017.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 7 2010-10-01 2010-10-01 false Use of options. 3017.202... ACQUISITION REGULATION (HSAR) CONTRACT METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options. 3017.202 Use of options. (a) Contracting officers shall not use unpriced options. ...

Evaluation Studies on Education in Occupational Safety and Health: Inspiration for Developing Economies

NARCIS (Netherlands)

Van Dijk, Frank J.; Bubas, Marija; Smits, Paul B.

2015-01-01

Education and training of students, workers, and professionals are essential for occupational safety and health (OSH). We noticed a lack of debate on how to advance coverage and quality of OSH education given high shortages in developing economies. International discussion on future options might be

Options for the Delft advanced neutron source

International Nuclear Information System (INIS)

Gibcus, H.P.M.; Leege, P.F.A. de; Labohm, F.; Vries, J.W. de; Verkooijen, A.H.M.; Valko, J.; Feltes, W.; Heinecke, J.

2003-01-01

Results of feasibility studies are presented for options for an advanced neutron source for the Delft reactor including upgrading the HOR, a 2 MW pool-type research reactor at the Delft University of Technology. The primary utilisation of the HOR focuses on beam research applications with neutrons and positrons. The aim of being scientifically competitive in that research area requires a thermal neutron flux level of at least 1x10 14 n/cm 2 /s. The feasibility of an accelerator driven neutron source and upgrading the present core to a super compact core for reaching this goal has been investigated at large from a safety and operational point of view. For the upgraded core, a 3x3 fuel assembly arrangement and beryllium reflected at all sides was chosen. Figures on the system performance, including the merits of a cold neutron source application feeding the neutron guide system, are presented. (author)

Excess plutonium disposition: The deep borehole option

International Nuclear Information System (INIS)

Ferguson, K.L.

1994-01-01

This report reviews the current status of technologies required for the disposition of plutonium in Very Deep Holes (VDH). It is in response to a recent National Academy of Sciences (NAS) report which addressed the management of excess weapons plutonium and recommended three approaches to the ultimate disposition of excess plutonium: (1) fabrication and use as a fuel in existing or modified reactors in a once-through cycle, (2) vitrification with high-level radioactive waste for repository disposition, (3) burial in deep boreholes. As indicated in the NAS report, substantial effort would be required to address the broad range of issues related to deep bore-hole emplacement. Subjects reviewed in this report include geology and hydrology, design and engineering, safety and licensing, policy decisions that can impact the viability of the concept, and applicable international programs. Key technical areas that would require attention should decisions be made to further develop the borehole emplacement option are identified

Equity Portfolio Management Using Option Price Information

DEFF Research Database (Denmark)

Christoffersen, Peter; Pan, Xuhui (Nick)

We survey the recent academic literature that uses option-implied information to construct equity portfolios. Studies show that equity managers can earn a positive alpha by using information in individual equity options, by using stocks' exposure to information in market index options, and by using...... stocks' exposure to crude oil option information. Option-implied information can also help construct better mean-variance portfolios and better estimates of market beta....

Fourier and wavelet option pricing methods

NARCIS (Netherlands)

S.C. Maree (Stef); L. Ortiz Gracia (Luis); C.W. Oosterlee (Cornelis); M.A.H. Dempster; J. Kanniainen (Juho); J. Keane (John); E. Vynckier (Erik)

2018-01-01

textabstractIn this overview chapter, we will discuss the use of exponentially converging option pricing techniques for option valuation. We will focus on the pricing of European options, and they are the basic instruments within a calibration procedure when fitting the parameters in asset dynamics.

Option trading and individual investor performance

NARCIS (Netherlands)

Bauer, R.; Cosemans, M.; Eichholtz, P.

2009-01-01

This paper examines the impact of option trading on individual investor performance. The results show that most investors incur substantial losses on their option investments, which are much larger than the losses from equity trading. We attribute the detrimental impact of option trading on investor

Safety considerations for research reactors in extended shutdown

International Nuclear Information System (INIS)

2004-01-01

According to the IAEA Research Reactor Database, in the last 20 years, 367 research reactors have been shut down. Of these, 109 have undergone decommissioning and the rest are in extended shutdown with no clear definition about their future. Still other research reactors are infrequently operated with no meaningful utilization programme. These two situations present concerns related to safety such as loss of corporate memory, personnel qualification, maintenance of components and systems and preparation and maintenance of documentation. There are many reasons to shut down a reactor; these may include: - the need to carry out modifications in the reactor systems; - the need for refurbishment to extend the lifetime of the reactor; - the need to repair reactor structures, systems, or components; - the need to remedy technical problems; - regulatory or public concerns; - local conflicts or wars; - political convenience; - the lack of resources. While any one of these reasons may lead to shutdown of a reactor, each will present unique problems to the reactor management. The large variations from one research reactor to the next also will contribute to the uniqueness of the problems. Any option that the reactor management adopts will affect the future of the facility. Options may include dealing with the cause of the shutdown and returning to normal operation, extending the shutdown period waiting a future decision, or decommissioning. Such options are carefully and properly analysed to ensure that the solution selected is the best in terms of reactor type and size, period of shutdown and legal, economic and social considerations. This publication provides information in support of the IAEA safety standards for research reactors

American option pricing with stochastic volatility processes

Directory of Open Access Journals (Sweden)

Ping LI

2017-12-01

Full Text Available In order to solve the problem of option pricing more perfectly, the option pricing problem with Heston stochastic volatility model is considered. The optimal implementation boundary of American option and the conditions for its early execution are analyzed and discussed. In view of the fact that there is no analytical American option pricing formula, through the space discretization parameters, the stochastic partial differential equation satisfied by American options with Heston stochastic volatility is transformed into the corresponding differential equations, and then using high order compact finite difference method, numerical solutions are obtained for the option price. The numerical experiments are carried out to verify the theoretical results and simulation. The two kinds of optimal exercise boundaries under the conditions of the constant volatility and the stochastic volatility are compared, and the results show that the optimal exercise boundary also has stochastic volatility. Under the setting of parameters, the behavior and the nature of volatility are analyzed, the volatility curve is simulated, the calculation results of high order compact difference method are compared, and the numerical option solution is obtained, so that the method is verified. The research result provides reference for solving the problems of option pricing under stochastic volatility such as multiple underlying asset option pricing and barrier option pricing.

Closing the fuel cycle: A superior option for India

International Nuclear Information System (INIS)

Balu, K.; Purushotham, D.S.C.; Kakodkar, A.

1999-01-01

The closed fuel cycle option with reprocessing and recycle of uranium and plutonium (U and Pu) for power generation allows better utilization of the uranium resources. On its part, plutonium is a unique energy source. During the initial years of nuclear fuel cycle activities, reprocessing and recycle of uranium and plutonium for power generation was perceived by many countries to be among the best of long term strategies for the management of spent fuel. But, over the years, some of the countries have taken a position that once-through fuel cycle is both economical and proliferation-resistant. However, such perceptions do vary as a function of economic growth and energy security of a given country. This paper deals with techno-economic perspectives of reprocessing and recycling in the Indian nuclear power programme. Experience of developing Mixed Oxide UO 2 -PuO 2 (MOX) fuel and its actual use in a power reactor (BWR) is presented. The paper further deals with the use of MOX in PHWRs in the future and current thinking, in the Indian context, in respect of advanced fuel cycles for the future. From environmental safety considerations, the separation of long-lived isotopes and minor actinides from high level waste (HLW) would enhance the acceptability of reprocessing and recycle option. The separated actinides are suitable for recycling with MOX fuel. However, the advanced fuel cycles with such recycling of Uranium and transuranium elements call for additional sophisticated fuel cycle activities which are yet to be mastered. India is interested in both uranium and thorium fuel cycles. This paper describes the current status of the Indian nuclear power scenario with reference to the program on reactors, reprocessing and radioactive waste management, plutonium recycle options, thorium-U233 fuel cycle studies and investigations on partitioning of actinides from Purex HLW as relevant to PHWR spent fuels. (author)

The Pricing of Foreign Currency Futures Options

OpenAIRE

Chang Mo Ahn

1996-01-01

We derive semi-closed form solutions for the forward and futures exchange rates, European foreign currency options, currency forward options, and currency futures options when the domestic and foreign interest rate movements follow mean reverting diffusion processes. These solutions are consistent with the Black-Scholes option formula so that they can be easily applied. The impact of interest rate uncertainty on theoretical prices of currency futures options is too significant to be neglected.

48 CFR 317.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Exercise of options. 317... METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 317.207 Exercise of options. (h) Before exercising an option for a subsequent performance period/additional quantity under a multiple-year contract...

48 CFR 1517.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 6 2010-10-01 2010-10-01 true Exercise of options. 1517... CONTRACTING METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 1517.207 Exercise of options. (a) Unless otherwise approved by the Chief of the Contracting Office, contracts for services employing option...

24 CFR 982.636 - Homeownership option: Portability.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 4 2010-04-01 2010-04-01 false Homeownership option: Portability... Types Homeownership Option § 982.636 Homeownership option: Portability. (a) General. A family may... described in §§ 982.353 and 982.355 apply to the homeownership option and the administrative...

Options for support to agriculture and food security under climate change

International Nuclear Information System (INIS)

Vermeulen, S.J.; Aggarwal, P.K.; Ainslie, A.; Angelone, C.; Campbell, B.M.; Challinor, A.J.; Hansen, J.W.

2012-01-01

Agriculture and food security are key sectors for intervention under climate change. Agricultural production is highly vulnerable even to 2C (low-end) predictions for global mean temperatures in 2100, with major implications for rural poverty and for both rural and urban food security. Agriculture also presents untapped opportunities for mitigation, given the large land area under crops and rangeland, and the additional mitigation potential of aquaculture. This paper presents a summary of current knowledge on options to support farmers, particularly smallholder farmers, in achieving food security through agriculture under climate change. Actions towards adaptation fall into two broad overlapping areas: (1) accelerated adaptation to progressive climate change over decadal time scales, for example integrated packages of technology, agronomy and policy options for farmers and food systems, and (2) better management of agricultural risks associated with increasing climate variability and extreme events, for example improved climate information services and safety nets. Maximization of agriculture's mitigation potential will require investments in technological innovation and agricultural intensification linked to increased efficiency of inputs, and creation of incentives and monitoring systems that are inclusive of smallholder farmers. Food systems faced with climate change need urgent, broad-based action in spite of uncertainties.

Preliminary Analysis on the Management Options of IRT-DPRK Research Reactor

Energy Technology Data Exchange (ETDEWEB)

Lee, Jung-Hyun; Kim, Minsoo; Hwang, Yongsoo [Korea Institute of Nuclear Nonproliferation and Control, Daejeon (Korea, Republic of)

2015-05-15

Although IRT-DPRK was upgraded several times, operation lifetime was already exhausted and thus management policy is needed to deal with the aging of IRT-DPRK. For example, IRT- 2000 type nuclear reactors in Georgia and Bulgaria had been shut down to refurbish or decommissioned to establish new low power facilities. However, the existing negotiations and agreements related to the nuclear issues on North Korea have been focused on the 'denuclearization', and thus the issues on the IRTDPRK were not handled. In recent, a group of USA scientists has suggested that IRT-DPRK should be refurbished to establish the 'Scientific cent for excellence' like the Cooperative Threat Reduction program applied in Russia and the former Soviet Union (FSU). In this paper, we examined the several options to manage the IRT-DPRK through the study of similar foreign cases. Due to the lack of the detailed and standardized information, it is impossible to suggest the best option at this moment. In order to do that, the further research on the detailed procedures, radioactive wastes, the standards of safety and security are needed.

Examination of the bases for proposed innovations in reactor safety technology

International Nuclear Information System (INIS)

Moses, D.L.

1986-01-01

This paper employs the criteria for evaluations from the Nuclear Power Option Viability Study to examine the bases for proposed innovations in light water reactor safety technology. These bases for innovation fall into four broad categories as follows: (1) virtually exclusive reliance on passive safety features to preclude core damage in all situations, (2) design simplification using some passive safety features to reduce the frequency of core damage to less than about 10 -6 per reactor-year, (3) passive containment to preclude releases from any accident, and (4) designing to limit licensing attention to one or at least a few systems. Of these, only the first two, and perhaps only the second, hold significant promise for providing for the viability of advanced light water reactors

Computational methods for nuclear criticality safety analysis

International Nuclear Information System (INIS)

Maragni, M.G.

1992-01-01

Nuclear criticality safety analyses require the utilization of methods which have been tested and verified against benchmarks results. In this work, criticality calculations based on the KENO-IV and MCNP codes are studied aiming the qualification of these methods at the IPEN-CNEN/SP and COPESP. The utilization of variance reduction techniques is important to reduce the computer execution time, and several of them are analysed. As practical example of the above methods, a criticality safety analysis for the storage tubes for irradiated fuel elements from the IEA-R1 research has been carried out. This analysis showed that the MCNP code is more adequate for problems with complex geometries, and the KENO-IV code shows conservative results when it is not used the generalized geometry option. (author)

Heterogeneous Beliefs, Public Information, and Option Markets

DEFF Research Database (Denmark)

Qin, Zhenjiang

In an incomplete market setting with heterogeneous prior beliefs, I show that public information and strike price of option have substantial infl‡uence on asset pricing in option markets, by investigating an absolute option pricing model with negative exponential utility investors and normally...... distributed dividend. I demonstrate that heterogeneous prior variances give rise to the economic value of option markets. Investors speculate in option market and public information improves allocational efficiency of markets only when there is heterogeneity in prior variance. Heterogeneity in mean is neither...... a necessary nor sufficient condition for generating speculations in option markets. With heterogeneous beliefs, options are non-redundant assets which can facilitate side-betting and enable investors to take advantage of the disagreements and the differences in con…dence. This fact leads to a higher growth...

48 CFR 3417.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 7 2010-10-01 2010-10-01 false Exercise of options. 3417... REGULATION CONTRACTING METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 3417.207 Exercise of options. If any provision in a contract requires that an option may only be exercised within a specified...

48 CFR 17.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Exercise of options. 17... METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 17.207 Exercise of options. (a) When exercising an option, the contracting officer shall provide written notice to the contractor within the time...

48 CFR 817.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 5 2010-10-01 2010-10-01 false Use of options. 817.202... AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 817.202 Use of options. All solicitations... four one-year renewal options as prescribed in FAR Subpart 17.2. The contracting officer must forward...

48 CFR 536.270 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Exercise of options. 536... Construction 536.270 Exercise of options. (a) If exercising an option, notify the contractor, in writing, within the time period specified in the contract. (b) Exercise options only after determining that all...

Analytic American Option Pricing and Applications

NARCIS (Netherlands)

Sbuelz, A.

2003-01-01

I use a convenient value breakdown in order to obtain analytic solutions for finitematurity American option prices.Such a barrier-option-based breakdown yields an analytic lower bound for the American option price, which is as price-tight as the Barone-Adesi and Whaley (1987) analytic value proxy

48 CFR 517.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Use of options. 517.202... AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 517.202 Use of options. (a) Supplies or services. (1) You should use options when they meet one or more of the following objectives: (i) Reduce...

48 CFR 217.207 - Exercise of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Exercise of options. 217..., DEPARTMENT OF DEFENSE CONTRACTING METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 217.207 Exercise of options. (c) In addition to the requirements at FAR 17.207(c), exercise an option only after...

48 CFR 17.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 1 2010-10-01 2010-10-01 false Use of options. 17.202... AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 17.202 Use of options. (a) Subject to the..., the contracting officer may include options in contracts when it is in the Government's interest. When...

32 CFR 644.168 - Exercise of options.

Science.gov (United States)

2010-07-01

... 32 National Defense 4 2010-07-01 2010-07-01 true Exercise of options. 644.168 Section 644.168... ESTATE HANDBOOK Acquisition Procurement of Options Prior to Real Estate Directives (military) § 644.168 Exercise of options. Upon issuance of a real estate directive for acquisition of the optioned real property...

Tank Space Options Report

International Nuclear Information System (INIS)

BOYLES, V.C.

2001-01-01

A risk-based priority for the retrieval of Hanford Site waste from the 149 single-shell tanks (SSTs) has been adopted as a result of changes to the Hanford Federal Facility Agreement and Consent Order (HFFACO) (Ecology et al. 1997) negotiated in 2000. Retrieval of the first three tanks in the retrieval sequence fills available capacity in the double-shell tanks (DSTs) by 2007. As a result, the HFFACO change established a milestone (M-45-12-TO1) requiring the determination of options that could increase waste storage capacity for single-shell tank waste retrieval. The information will be considered in future negotiations. This document fulfills the milestone requirement. This study presents options that were reviewed for the purpose of increasing waste storage capacity. Eight options are identified that have the potential for increasing capacity from 5 to 10 million gallons, thus allowing uninterrupted single-shell tank retrieval until the planned Waste Treatment Plant begins processing substantial volumes of waste from the double-shell tanks in 2009. The cost of implementing these options is estimated to range from less than $1 per gallon to more than $14 per gallon. Construction of new double-shell tanks is estimated to cost about $63 per gallon. Providing 5 to 10 million gallons of available double-shell tank space could enable early retrieval of 5 to 9 high-risk single-shell tanks beyond those identified for retrieval by 2007. These tanks are A-101, AX-101, AX-103, BY-102, C-107, S-105, S-106, S-108, and S-109 (Garfield et al. 2000). This represents a potential to retrieve approximately 14 million total curies, including 3,200 curies of long-lived mobile radionuclides. The results of the study reflect qualitative analyses conducted to identify promising options. The estimated costs are rough-order-of magnitude and, therefore, subject to change. Implementing some of the options would represent a departure from the current baseline and may adversely impact the

Budget Options

National Research Council Canada - National Science Library

2000-01-01

This volume-part of the Congressional Budget Office's (CBO's) annual report to the House and Senate Committees on the Budget-is intended to help inform policymakers about options for the federal budget...

Treatment Options for Actinic Keratosis

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) depends mostly on ... helped by lip balm or petroleum jelly . Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Vaginal Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) depends on the ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Anal Cancer)

Science.gov (United States)

... affect the prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) depends on the ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Evaluation of design feature No.20 -- Ground support options

International Nuclear Information System (INIS)

Duan, F.

2000-01-01

Ground support options are primarily evaluated for emplacement drifts while ground support systems for non-emplacement openings such as access mains and ventilation drifts are not evaluated against LADS evaluation criteria in this report. Considerations include functional requirements for ground support, the use of a steel-lined system, and the feasibility of using an unlined ground support system principally with grouted rock bolts for permanent ground support. The feature evaluation also emphasizes the postclosure effects of ground support materials on waste isolation and the preclosure aspects such as durability, maintainability, constructibility, safety, engineering acceptability, and cost. This evaluation is to: (A) Review the existing analyses, reports, and studies regarding this design feature, and compile relevant information on performance characteristics. (B) Develop an appropriate evaluation approach for evaluating ground support options against evaluation criteria provided by the LADS team. (C) Evaluate ground support options not only for their preclosure performance in terms of drift stability, material durability, maintenance, constructibility, and cost, but also for their postclosure performance in terms of chemical effects of ground support materials (i.e., concrete, steel) on waste isolation and radionuclide transport. Specifically, the scope for ground support options evaluation include: (1) all steel-lined drifts (no cementitious materials), (2) unlined drifts with minimum cementitious materials (e.g., grout for rockbolts), and (3) concrete-lined drifts, with the focus on the postclosure acceptability evaluation. In addition, unlined drifts with zero cementitious materials (e.g., use of frictional bolts such as split sets, Swellex bolts) are briefly discussed. (D) Identify candidate ground support systems that have the potential to enhance the repository performance based on the feature evaluation. and (E) Provide conclusions and recommendations

24 CFR 221.775 - Option period.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Option period. 221.775 Section 221.775 Housing and Urban Development Regulations Relating to Housing and Urban Development (Continued... § 221.775 Option period. The mortgagee may exercise its option to assign within one year following the...

24 CFR 221.770 - Assignment option.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Assignment option. 221.770 Section... § 221.770 Assignment option. A mortgagee holding a conditional or firm commitment issued on or before... mortgagee's approved underwriter on or before November 30, 1983) has the option to assign, transfer and...

48 CFR 2917.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 7 2010-10-01 2010-10-01 false Use of options. 2917.202... CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 2917.202 Use of options. The HCA may, in unusual circumstances, approve option quantities in excess of the 50 percent limit prescribed in FAR 17.203(g)(2). The...

Alternative energy options

International Nuclear Information System (INIS)

Bennett, K.F.

1983-01-01

It is accepted that coal will continue to play the major role in the supply of energy to the country for the remainder of the century. In this paper, however, emphasis has been directed to those options which could supplement coal in an economic and technically sound manner. The general conclusion is that certain forms of solar energy hold the most promise and it is in this direction that research, development and implementation programmes should be directed. Tidal energy, fusion energy, geothermal energy, hydrogen energy and fuel cells are also discussed as alternative energy options

ASTRID power conversion system: Assessment on steam and gas options

International Nuclear Information System (INIS)

Laffont, Guy; Cachon, Lionel; Jourdain, Vincent; Fauque, Jean Marie

2013-01-01

Conclusion: ◆ Two power conversion systems have been investigated for the ASTRID prototype. ◆ Steam PCS: • Most mature system based on a well-developed turbomachinery technology. • High plant efficiency. • Studies on steam generators designs and leak detection systems in progress with the aim of reducing the risk of large SWRs and of limiting its consequences. • Design and licensing safety assessment of a SFR must deal with the Sodium Water Air reaction (SWAR). ◆ Gas PCS: • Strong advantage as it inherently eliminates the SWR and SWAR risks. • Very innovative option: major breakthroughs but feasibility and viability not yet demonstrated. • Remaining technological challenges but no showstopper indentified. • General architecture: investigations in progress to improve performances, operability and maintainability

42 CFR 457.70 - Program options.

Science.gov (United States)

2010-10-01

... 42 Public Health 4 2010-10-01 2010-10-01 false Program options. 457.70 Section 457.70 Public... Plans for Child Health Insurance Programs and Outreach Strategies § 457.70 Program options. (a) Health benefits coverage options. A State may elect to obtain health benefits coverage under its plan through— (1...

24 CFR 221.255 - Assignment option.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Assignment option. 221.255 Section... Assignment option. (a) A mortgagee holding a mortgage insured pursuant to a conditional or firm commitment issued on or before November 30, 1983 has the option to assign, transfer and deliver to the Commissioner...

Expensing stock options: a fair-value approach.

Science.gov (United States)

Kaplan, Robert S; Palepu, Krishna G

2003-12-01

Now that companies such as General Electric and Citigroup have accepted the premise that employee stock options are an expense, the debate is shifting from whether to report options on income statements to how to report them. The authors present a new accounting mechanism that maintains the rationale underlying stock option expensing while addressing critics' concerns about measurement error and the lack of reconciliation to actual experience. A procedure they call fair-value expensing adjusts and eventually reconciles cost estimates made at grant date with subsequent changes in the value of the options, and it does so in a way that eliminates forecasting and measurement errors over time. The method captures the chief characteristic of stock option compensation--that employees receive part of their compensation in the form of a contingent claim on the value they are helping to produce. The mechanism involves creating entries on both the asset and equity sides of the balance sheet. On the asset side, companies create a prepaid-compensation account equal to the estimated cost of the options granted; on the owners'-equity side, they create a paid-in capital stock-option account for the same amount. The prepaid-compensation account is then expensed through the income statement, and the stock option account is adjusted on the balance sheet to reflect changes in the estimated fair value of the granted options. The amortization of prepaid compensation is added to the change in the option grant's value to provide the total reported expense of the options grant for the year. At the end of the vesting period, the company uses the fair value of the vested option to make a final adjustment on the income statement to reconcile any difference between that fair value and the total of the amounts already reported.

48 CFR 217.202 - Use of options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Use of options. 217.202... OF DEFENSE CONTRACTING METHODS AND CONTRACT TYPES SPECIAL CONTRACTING METHODS Options 217.202 Use of options. (1) See PGI 217.202 for guidance on the use of options. (2) See 234.005-1 for limitations on the...

48 CFR 252.217-7001 - Surge option.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 3 2010-10-01 2010-10-01 false Surge option. 252.217-7001... Clauses 252.217-7001 Surge option. As prescribed in 217.208-70(b), use the following clause: Surge Option (AUG 1992) (a) General. The Government has the option to— (1) Increase the quantity of supplies or...

Utilization of the MCNP-3A code for criticality safety analysis

International Nuclear Information System (INIS)

Maragni, M.G.; Moreira, J.M.L.

1996-01-01

In the last decade, Brazil started to operate facilities for processing and storing uranium in different forms. The necessity of criticality safety analysis appeared in the design phase of the uranium pilot process plants and also in the licensing of transportation and storage of fissile materials. The 2-MW research reactor and the Angra I power plant also required criticality safety assessments because their spent-fuel storage was approaching full-capacity utilization. The criticality safety analysis in Brazil has been based on KENO IV code calculations, which present some difficulties for correct geometry representation. The MCNP-3A code is not reported to be used frequently for criticality safety analysis in Brazil, but its good geometry representation makes it a possible tool for treating problems of complex geometry. A set of benchmark tests was performed to verify its applicability for criticality safety analysis in Brazil. This paper presents several benchmark tests aimed at selecting a set of options available in the MCNP-3A code that would be adequate for criticality safety analysis. The MCNP-3A code is also compared with the KENO-IV code regarding its performance for criticality safety analysis

to control the nuclear safety and the radiation protection

International Nuclear Information System (INIS)

Lacoste, A.C.; Bordarier, Ph.; Saint-Raymond, Ph.; Repussard, J.; Gouze, J.R.; Degos, L.; Massart, S.; Wiroth, P.; Thezee, Ch.; Petit, G.; Cahen, B.; Hubert, I.; Wiroth, P.; Thezee, Ch.; Petit, G.; Kaufer, B.; Taniguchi, T.; Revol, H.

2005-01-01

Publishing this dossier, the aim is to present the principles and the variety of issues linked to nuclear safety and radiation protection supervision, and the main strategic choices made to use efficiently and effectively A.S.N. supervision means. A.S.N. is responsible for nuclear safety and radiation protection supervision. A.S.N. has to be itself evaluated and supervised by external bodies. The Parliament Office for Evaluation of Scientific and Technological Options (O.P.E.C.S.T.) supervises it; the foreign peers watch and A.S.N. has to be the object of an international audit conducted by its peers under the leadership of I.A.E.A. by the beginning of 2007. (N.C.)

Transportation Options | Climate Neutral Research Campuses | NREL

Science.gov (United States)

Transportation Options Transportation Options Transportation to, from, and within a research campus from business travel often enlarge the footprint more than expected. To understand options for climate

Single Event Effects Test Facility Options at the Oak Ridge National Laboratory

Energy Technology Data Exchange (ETDEWEB)

Riemer, Bernie [ORNL; Gallmeier, Franz X [ORNL; Dominik, Laura J [ORNL

2015-01-01

Increasing use of microelectronics of ever diminishing feature size in avionics systems has led to a growing Single Event Effects (SEE) susceptibility arising from the highly ionizing interactions of cosmic rays and solar particles. Single event effects caused by atmospheric radiation have been recognized in recent years as a design issue for avionics equipment and systems. To ensure a system meets all its safety and reliability requirements, SEE induced upsets and potential system failures need to be considered, including testing of the components and systems in a neutron beam. Testing of integrated circuits (ICs) and systems for use in radiation environments requires the utilization of highly advanced laboratory facilities that can run evaluations on microcircuits for the effects of radiation. This paper provides a background of the atmospheric radiation phenomenon and the resulting single event effects, including single event upset (SEU) and latch up conditions. A study investigating requirements for future single event effect irradiation test facilities and developing options at the Spallation Neutron Source (SNS) is summarized. The relatively new SNS with its 1.0 GeV proton beam, typical operation of 5000 h per year, expertise in spallation neutron sources, user program infrastructure, and decades of useful life ahead is well suited for hosting a world-class SEE test facility in North America. Emphasis was put on testing of large avionics systems while still providing tunable high flux irradiation conditions for component tests. Makers of ground-based systems would also be served well by these facilities. Three options are described; the most capable, flexible, and highest-test-capacity option is a new stand-alone target station using about one kW of proton beam power on a gas-cooled tungsten target, with dual test enclosures. Less expensive options are also described.

Engineering and safety features of modular vault dry storage

International Nuclear Information System (INIS)

Deacon, D.; Wheeler, D.J.

1984-01-01

This paper discusses the need for interim dry storage and reviews detailed features of the Modular Vault Dry storage concept. The concept meets three basic utility requirements. Firstly, the technology and safety features have been demonstrated on existing plant; secondly, it can be built and licensed in an acceptably short timescale; and thirdly, economic analysis shows that a modular vault dry store is often the cheapest option for interim storage

Dealing with uncertainty and pursuing superior technology options in risk management-The inherency risk analysis

International Nuclear Information System (INIS)

Helland, Aasgeir

2009-01-01

Current regulatory systems focus on the state of scientific evidence as the predominant factor for how to handle risks to human health and the environment. However, production and assessment of risk information are costly and time-consuming, and firms have an intrinsic disincentive to produce and distribute information about risks of their products as this could endanger their production opportunities and sales. An emphasis on more or better science may result in insufficient thought and attention going into the exploration of technology alternatives, and that risk management policies miss out on the possible achievement of a more favorable set of consequences. In this article, a method is proposed that combines risk assessment with the search for alternative technological options as a part of the risk management procedure. The method proposed is the inherency risk analysis where the first stage focuses on the original agent subject to investigation, the second stage focuses on identifying technological options whereas the third stage reviews the different alternatives, searching for the most attractive tradeoffs between costs and inherent safety. This is then used as a fundament for deciding which technology option to pursue. This method aims at providing a solution-focused, systematic technology-based approach for addressing and setting priorities for environmental problems. By combining risk assessment with a structured approach to identify superior technology options within a risk management system, the result could very well be a win-win situation for both company and the environment.

Book of abstracts of 10th International Conference on Nuclear Option in Countries with Small and Medium Electricity Grids

International Nuclear Information System (INIS)

2014-01-01

The International Conference "Nuclear Option in Countries with Small and Medium Electricity Grids" is the tenth in a series of meetings on the same topics organized biennially by the Croatian Nuclear Society. This topical conference was initiated in 1996 and the first conference took place in Opatija, the following seven in Dubrovnik and the last one in Zadar. This year, it again takes place in Zadar. The conference is organized with intention to focus on specific aspects of usage of nuclear energy for electricity production in small and medium sized countries. Importance of international cooperation for the assessment of the nuclear option has been recognised by the International Atomic Energy Agency (IAEA). As a result of this recognition, the Conference is organized in co-operation with IAEA. Croatian State Office for Radiological and Nuclear Safety and University of Zagreb, Faculty of Electrical Engineering and Computing have also participated in Conference organization. Session topics reflect some current emphasis, such as country energy needs, new reactor technologies, operation and safety of the operating nuclear power plants. The conference also focuses on the exchange of experience and co-operation in the fields of fuel cycle, radioactive waste management, regulatory practice and liability.

Pricing American and Asian Options

OpenAIRE

Pat Muldowney

2015-01-01

An analytic method for pricing American call options is provided; followed by an empirical method for pricing Asian call options. The methodology is the pricing theory presented in "A Modern Theory of Random Variation", by Patrick Muldowney, 2012.

The Design Options and Provision File and the Role of Defence in Depth Within the Pre-Licensing of the MYRRHA Project

Energy Technology Data Exchange (ETDEWEB)

Fiorini, G. L.; Hakimi, N., E-mail: Gian-Luigi.fiorini@fanc.fgov.be [FANC (Belgium); Tombuyses, B.; Dams, C.; Wertelaers, A.; Schrauben, M.; Dresselaers, R. [Federal Agency for Nuclear Control (FANC), Bruxelles (Belgium)

2014-10-15

The Belgian Federal Agency for Nuclear Control (FANC) is engaged in a process of pre-licensing for the experimental reactor MYRRHA. The regulatory framework applicable for the implementation of the MYRRHA project and the expected safety, security and safeguards philosophy are described by FANC in a Strategic Note. This document presents a logical flow chart which defines the steps required to design a basic nuclear installation and ensure compliance with the requirements of nuclear safety, security and safeguards. Using this flow chart, the content of a set of volumes (Design Options and Provision File - DOPF) is defined; the DOPF will serve as a basis for the evaluation of the concept with the acceptability of the selected design options. Defence in depth (DiD) and its fundamental principles remain the foundation of the whole process. The paper summarizes the contents of the Strategic Note and the DOPF and focuses more specifically on aspects relating to changes in the concept of defence in depth and on practices for their integration in the process of design / assessment of the MYRRHA reactor. (author)

THE REAL OPTIONS OF CAPITAL BUDGET

Directory of Open Access Journals (Sweden)

Antonio Lopo Martins

2008-07-01

Full Text Available The traditional techniques of capital budget, as the deducted cash flow and the net value present, do not incorporate existing flexibilities in an investment project, they tend to distort the value of certain investments, mainly those that are considered in scenes of uncertainty and risk. Therefore, this study intends to demonstrate that the Real Options Theory (TOR is a useful methodology to evaluate and to indicate the best option for project of expansion investment. To reach the considered objective the procedure method was used a case study, having as unit of case the Resort Praia Hotel do Litoral Norte of Salvador. This study was developed of the following form: first it identified the traditional net value present and later it was incorporated the volatileness of each analyzed uncertainty. Second, as the real options are analogous to the financial options, it was necessary to identify elements that composed the terminologies of the financial options with intention to get the value of the real option. For this model of options pricing of Black & Scholes jointly with a computational simulator was used (SLS to get the expanded net value present. As a result of this study it was possible to evidence that using the traditional tool of capital budget Net Value Present (VPL is negative, therefore the project of expansion of the Hotel would be rejected. While for the application of methodology TOR the project presents positive Expanded Present Value which would represent an excellent chance of investment. Key-word: Capital budget, Real options, Analysis of investments.

Safety assessment in plant layout design using indexing approach: implementing inherent safety perspective. Part 2-Domino Hazard Index and case study.

Science.gov (United States)

Tugnoli, Alessandro; Khan, Faisal; Amyotte, Paul; Cozzani, Valerio

2008-12-15

The design of layout plans requires adequate assessment tools for the quantification of safety performance. The general focus of the present work is to introduce an inherent safety perspective at different points of the layout design process. In particular, index approaches for safety assessment and decision-making in the early stages of layout design are developed and discussed in this two-part contribution. Part 1 (accompanying paper) of the current work presents an integrated index approach for safety assessment of early plant layout. In the present paper (Part 2), an index for evaluation of the hazard related to the potential of domino effects is developed. The index considers the actual consequences of possible escalation scenarios and scores or ranks the subsequent accident propagation potential. The effects of inherent and passive protection measures are also assessed. The result is a rapid quantification of domino hazard potential that can provide substantial support for choices in the early stages of layout design. Additionally, a case study concerning selection among various layout options is presented and analyzed. The case study demonstrates the use and applicability of the indices developed in both parts of the current work and highlights the value of introducing inherent safety features early in layout design.

Assessment of basic safety issues

International Nuclear Information System (INIS)

Queniart, D.

1996-01-01

Work on the French-German common safety approach for future nuclear power plants continued in 1994 to allow for more detailed discussion of some major issues, taking into account the options provided by the industry for the EPR (European Pressurized water Reactor) project, as described in the document entitled 'Conceptual Safety Features Review File'. Seven meetings of a GPR/RSK advisory experts subgroup, six GPR/RSK plenary sessions and six meetings of the safety authorities (DFD) dealt with the following topics: design of the systems and use of probabilistic approaches, application of a 'break preclusion' approach to the main primary pipings, protection against external hazards (aircraft crashes, explosions, earthquakes), provisions with respect to accidents involving core melt and to containment design, radiological consequences of reference accidents and accidents involving core melt at low pressure. The important aspects of the joint policy are recalled in the presentation. The whole set of GPR/RSK recommendations were agreed by the French and German safety authorities during the DFD meetings of 1994 and early 1995. The utilities decided to begin the basic design phase in February, 1995. Work is now continuing to develop the common French-German approach for future nuclear power plants, in the same way as before. In 1995, this mainly covers the design of the containment and of the systems, but also new issues such as the protection against secondary side overpressurization, radiological protection of workers and radioactive wastes. (J.S.). 3 figs., 1 tab

45 CFR 1306.33 - Home-based program option.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 4 2010-10-01 2010-10-01 false Home-based program option. 1306.33 Section 1306.33... PROGRAM HEAD START STAFFING REQUIREMENTS AND PROGRAM OPTIONS Head Start Program Options § 1306.33 Home-based program option. (a) Grantees implementing a home-based program option must: (1) Provide one home...

Radiological safety assessment of a reference INTOR facility

International Nuclear Information System (INIS)

Khan, T.A.; Stasko, R.R.; Watts, R.T.; Shaw, G.; Morrison, C.A.; Russell, S.; Kempe, T.; Zimmerman, R.

1985-03-01

This report consists of a number of separate studies all of which were performed in support of INTOR Critical Issue D: Tritium Containment and Personnel Access vs Remote Maintenance. The common thread running through these studies is the radiological safety element in the design and operation of the INTOR facility. The intent is to help establish a firm basis for comparisons between a reactor cell maintenance option which requires personnel access, and one which involves completely remote maintenance

ITER Safety and Licensing

International Nuclear Information System (INIS)

Girard, J-.P; Taylor, N.; Garin, P.; Uzan-Elbez, J.; GULDEN, W.; Rodriguez-Rodrigo, L.

2006-01-01

The site for the construction of ITER has been chosen in June 2005. The facility will be implemented in Europe, south of France close to Marseille. The generic safety scheme is now under revision to adapt the design to the host country regulation. Even though ITER will be an international organization, it will have to comply with the French requirements in the fields of public and occupational health and safety, nuclear safety, radiation protection, licensing, nuclear substances and environmental protection. The organization of the central team together with its partners organized in domestic agencies for the in-kind procurement of components is a key issue for the success of the experimentation. ITER is the first facility that will achieve sustained nuclear fusion. It is both important for the experimental one-of-a-kind device, ITER itself, and for the future of fusion power plants to well understand the key safety issues of this potential new source of energy production. The main safety concern is confinement of the tritium, activated dust in the vacuum vessel and activated corrosion products in the coolant of the plasma-facing components. This is achieved in the design through multiple confinement barriers to implement the defence in depth approach. It will be demonstrated in documents submitted to the French regulator that these barriers maintain their function in all postulated incident and accident conditions. The licensing process started by examination of the safety options. This step has been performed by Europe during the candidature phase in 2002. In parallel to the final design, and taking into account the local regulations, the Preliminary Safety Report (RPrS) will be drafted with support of the European partner and others in the framework of ITER Task Agreements. Together with the license application, the RPrS will be forwarded to the regulatory bodies, which will launch public hearings and a safety review. Both processes must succeed in order to

Taxing Options: Do Ceos Respond To Favorable Tax Treatment Of Stock Options?

OpenAIRE

Martin Gritsch; Tricia Coxwell Snyder

2007-01-01

CEO stock option compensation increased tremendously during the 1990s. During this period, the spread between the marginal income and capital gains tax rates increased substantially, creating the potential for tax avoidance. Using ExecuComp data from 1992-2000, we estimate CEOs’ responsiveness to changes in these tax rates. Our findings show that an increase in the marginal income and a decrease in the capital gains tax rate create a significant increase in stock option compensation. Furtherm...

Low level radioactive waste disposal: An evaluation of reports comparing ocean and land based disposal options

International Nuclear Information System (INIS)

1990-05-01

This document evaluates reports presenting comparative assessments of land and sea disposal options for low and intermediate level radioactive waste. It was performed following a request by the LDC to the IAEA. In this evaluation, IAEA Safety Series No. 65 ''Environmental Assessment Methodologies for Sea Dumping of Radioactive Wastes'', was used as the main reference in reviewing the comparative assessments made to date. IAEA Safety Series No. 65 gives guidance on the performance of comparative assessments of the different options, and provides a list and scheme of factors to be considered. 5 studies were transmitted by the Contracting Parties and considered in this review. A larger number of reports was not considered in this effort on the basis that the evaluation would be most effective if directed at those studies which specifically compared ocean disposal with land based disposal in a consistent manner. It is not the purpose of this report to state whether one document is better than another or whether one report forms a good blueprint for future assessments. This would require a different type of review and is outside the scope of this document. Indeed since the purposes of the five reports were originally so different it would not be possible to produce such a ranking and any attempts in that direction would be very misleading. 11 refs, 3 tabs

The safety evaluation guide for laboratories and plants a tool for enhancing safety

International Nuclear Information System (INIS)

Lhomme, Veronique; Daubard, Jean-Paul

2013-01-01

of safety file (safety options file, general operating rules, on site emergency plan, periodic safety review documents, incident analysis...). In each chapter, the aforesaid Parts 1, 2 and 3 are developed. A first draft of the guide was published in March 2010 for use by assessment's teams of IRSN, and to obtain an operational feedback to improve it. Beyond that, the guide is also intended to be, on the topic of safety assessment for the fuel cycle facilities, laboratories, irradiators, particle accelerators, under-decommissioning reactors and radioactive waste management, a tool for tutoring (inside and outside the IRSN) and a reference to make available, outside of the IRSN, the approach of expertise and the 'know-how' of IRSN. In this context, the IRSN's methodology of assessment regarding 'criticality' and 'fire' have been put online, on the IRSN's web site. The paper presents the purpose and the structure of the guide and its interest for the safety assessment of fuel cycle facilities; in this frame, the chapters 'Assessment of the risk from handling operations' and 'Assessment of the periodic safety review documents' are presented in details as illustrations. It gives also information about its others uses. (authors)

Thermal test options

International Nuclear Information System (INIS)

Koski, J.A.; Keltner, N.R.; Sobolik, K.B.

1993-02-01

Shipping containers for radioactive materials must be qualified to meet a thermal accident environment specified in regulations, such at Title 10, Code of Federal Regulations, Part 71. Aimed primarily at the shipping container design, this report discusses the thermal testing options available for meeting the regulatory requirements, and states the advantages and disadvantages of each approach. The principal options considered are testing with radiant heat, furnaces, and open pool fires. The report also identifies some of the facilities available and current contacts. Finally, the report makes some recommendations on the appropriate use of these different testing methods

Pricing and Applications of Digital Installment Options

Directory of Open Access Journals (Sweden)

Pierangelo Ciurlia

2012-01-01

Full Text Available For its theoretical interest and strong impact on financial markets, option valuation is considered one of the cornerstones of contemporary mathematical finance. This paper specifically studies the valuation of exotic options with digital payoff and flexible payment plan. By means of the Incomplete Fourier Transform, the pricing problem is solved in order to find integral representations of the upfront price for European call and put options. Several applications in the areas of corporate finance, insurance, and real options are discussed. Finally, a new type of digital derivative named supercash option is introduced and some payment schemes are also presented.

Treatment Options for Adult Soft Tissue Sarcoma

Science.gov (United States)

... reacts to the light. Certain factors affect treatment options and prognosis (chance of recovery). The treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Merkel Cell Carcinoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... common for Merkel cell carcinoma to recur. Treatment Option Overview Key Points There are different types of ...

Treatment Options by Stage (Chronic Lymphocytic Leukemia)

Science.gov (United States)

... examination under a microscope. Certain factors affect treatment options and prognosis (chance of recovery). Treatment options depend ... that does not get better with treatment. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Hodgkin Lymphoma during Pregnancy

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adult Soft Tissue Sarcoma)

Science.gov (United States)

... reacts to the light. Certain factors affect treatment options and prognosis (chance of recovery). The treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adult Non-Hodgkin Lymphoma)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... lymphoma may come back as indolent lymphoma. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Small Cell Lung Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Adult Acute Lymphoblastic Leukemia)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... marrow , or other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Adult Acute Lymphoblastic Leukemia

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... marrow , or other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Adult Acute Myeloid Leukemia

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... back in the blood or bone marrow . Treatment Option Overview Key Points There are different types of ...

Facts about Nuclear Waste Safety - How the issue is being treated in Ghana

International Nuclear Information System (INIS)

Glover, E.T.; Fletcher, J.J.

2001-01-01

The fear of radioactive discharges and releases particularly from severe nuclear accidents and radioactive waste is central to public concern about nuclear activities. This fear was witnessed when Ghana began to suffer shortage in electricity supply from the hydroelectric power station at Akosombo and debates began on Ghana's energy mix and alternate options. As in every country, dependable and continuous supply of electricity is a prerequisite for ensuring sustainable development. The Ghana Atomic Energy Commission was confronted at that time more than ever with the problem of public education on nuclear power safety to enhance public acceptance. This paper presents what the Ghana Atomic Energy Commission is doing to communicate facts and education about nuclear waste safety to the Ghanaian public and to facilitate the comparison of risk from nuclear reactors and disposal facilities with risks from other forms of technology. The paper also tells of the usefulness of and difficulties in using Jos Draiger and John Lakey's manual on Radiation and Radiation Protection to educate pupils in the Ghana Atomic Energy Commission Preparatory School. The difficulties in communication of facts about nuclear, radiation and waste safety in Ghana, because of the different languages and dialects used by Ghanaians in the rural areas of Ghana. As a large number of factors influence decision making in the energy sector. To assist energy planners, the Ghana Atomic Energy Commission carried out assessments of alternative energy sources, covering a broad range of technical, economic and environmental factors. Cost-benefit and risk-benefit analyses place the nuclear power option on a scale comparable to the other electricity generating technologies. How come then that nuclear power option has so much negative publicity? The conclusion is drawn that literacy in nuclear radiation and waste safety is needed at all levels of the Ghanaian society. As inadequate perception of radiation risk

IMEC-9: The 9th Israel Materials Engineering Conference. Program & Abstracts

Science.gov (United States)

1999-12-07

Microstructure on the Creep Properties of AZ91 Magnesium Alloy M. Regev, O. Botstein, A. Rosen, Israel 14:10 -14:30 Galvanic Corrosion of Magnesium Alloys M...Starostin. A. Smorodin, L Gal-Or, Sh. Tamir, Israel 14:30 -14:50 Microstructural Analysis of Gas Tungsten Arc Welded Magnesium AZ91 Alloy A...bandgap which scales with the diameter of the nanoparticles. The 2H polytype structure is locally preserved in these nanoparticles. Few extra Raman

Options for human intrusion

International Nuclear Information System (INIS)

Bauser, M.; Williams, R.

1993-01-01

This paper addresses options for dealing with human intrusion in terms of performance requirements and repository siting and design requirements. Options are presented, along with the advantages and disadvantages of certain approaches. At the conclusion, a conceptual approach is offered emphasizing both the minimization of subjective judgements concerning future human activity, and specification of repository requirements to minimize the likelihood of human intrusion and any resulting, harmful effects should intrusion occur

Option Panels in Pure-Jump Settings

DEFF Research Database (Denmark)

Andersen, Torben Gustav; Fusari, Nicola; Todorov, Viktor

We develop parametric inference procedures for large panels of noisy option data in the setting where the underlying process is of pure-jump type, i.e., evolve only through a sequence of jumps. The panel consists of options written on the underlying asset with a (different) set of strikes...... specification for the risk-neutral asset return dynamics, the option prices are nonlinear functions of a time-invariant parameter vector and a time-varying latent state vector (or factors). Furthermore, no-arbitrage restrictions impose a direct link between some of the quantities that may be identified from...... the return and option data. These include the so-called jump activity index as well as the time-varying jump intensity. We propose penalized least squares estimation in which we minimize L_2 distance between observed and model-implied options and further penalize for the deviation of model-implied quantities...

Options contracts in the nuclear fuel industry

International Nuclear Information System (INIS)

Fuller, D.M.

1995-01-01

This article discusses options trading in the nuclear fuels industry. Although there now exists no formal options market in the nuclear industry, flexibilities, or embedded options, are actually quite common in the long-term supply contracts. The value of these flexibilities can be estimated by applying the methods used to evaluate options. The method used is the Black-Scholes Model, and it is applied to a number of examples

Safety assessment for radwaste disposal in Korea: Pt. 1

International Nuclear Information System (INIS)

Suh, I.S.; Park, H.H.; Han, K.W.; Hahn, P.S.

1986-01-01

A simplified safety analysis code has been established in order to provide a basic methodology for the preliminary selection of a disposal method. The disposal type selection is prerequisite to meet the requirements of low and intermediate level radwaste management program in Korea. The code covers resaturation and leaching, migration through fracture-porous media transport such that the rock cavern disposal option can be evaluated compared with that of shallow land burial

Report on "American Option Pricing and Hedging Strategies"

OpenAIRE

Zhang, Jinshan

2007-01-01

This paper mainly discusses the American option's hedging strategies via binomialmodel and the basic idea of pricing and hedging American option. Although the essential scheme of hedging is almost the same as European option, small differences may arise when simulating the process for American option holder has more rights, spelling that the option can be exercised at anytime before its maturity. Our method is dynamic-hedging method.

Delivering a radiation protection dividend: systemic capacity-building for the radiation safety profession in Africa

Directory of Open Access Journals (Sweden)

Julian Hilton

2014-12-01

Full Text Available Many African countries planning to enter the nuclear energy “family” have little or no experience of meeting associated radiation safety demands, whether operational or regulatory. Uses of radiation in medicine in the continent, whether for diagnostic or clinical purposes, are rapidly growing while the costs of equipment, and hence of access to services, are falling fast. In consequence, many patients and healthcare workers are facing a wide array of unfamiliar challenges, both operational and ethical, without any formal regulatory or professional framework for managing them safely. This, combined with heighted awareness of safety issues post Fukushima, means the already intense pressure on radiation safety professionals in such domains as NORM industries and security threatens to reach breaking point. A systematic competency-based capacity-building programme for RP professionals in Africa is required (Resolution of the Third AFRIRPA13 Regional Conference, Nairobi, September 2010. The goal is to meet recruitment and HR needs in the rapidly emerging radiation safety sector, while also addressing stakeholder concerns in respect of promoting and meeting professional and ethical standards. The desired outcome is an RP “dividend” to society as a whole. A curriculum model is presented, aligned to safety procedures and best practices such as Safety Integrity Level and Layer of Protection analysis; it emphasizes proactive risk communication both with direct and indirect stakeholders; and it outlines disciplinary options and procedures for managers and responsible persons for dealing with unsafe or dangerous behavior at work. This paper reports on progress to date. It presents a five-tier development pathway starting from a generic foundation course, suitable for all RP professionals, accompanied by specialist courses by domain, activity or industry. Delivery options are discussed. Part of the content has already been developed and delivered as

Monte Carlo Simulation of an American Option

Directory of Open Access Journals (Sweden)

Gikiri Thuo

2007-04-01

Full Text Available We implement gradient estimation techniques for sensitivity analysis of option pricing which can be efficiently employed in Monte Carlo simulation. Using these techniques we can simultaneously obtain an estimate of the option value together with the estimates of sensitivities of the option value to various parameters of the model. After deriving the gradient estimates we incorporate them in an iterative stochastic approximation algorithm for pricing an option with early exercise features. We illustrate the procedure using an example of an American call option with a single dividend that is analytically tractable. In particular we incorporate estimates for the gradient with respect to the early exercise threshold level.

Observing Optional Number in DDC Edition 23

Directory of Open Access Journals (Sweden)

Rotmianto Mohamad

2018-01-01

Full Text Available Dewey Decimal Classification is a most popular classification system in the world because of its completeness and most up-to-date. There are many optional number in this classification system, although it rarely to be discussed even it is important to known well about that optional number, especially for a librarian as classifier. This paper is a literature study about Dewey Decimal Classification Edition 23, to describe about optional numbers, particularly the number in relationship with Indonesia’s subject and discipline. This paper is to avoid misunderstanding in interpreted about optional number among librarians, especially for who that does not understand well about optional numbers.

Acquisitions Through a Behavioral and Real Options Lens

NARCIS (Netherlands)

J.C.M. Kil (Joris)

2013-01-01

textabstractThis thesis combines four studies that contribute to our understanding of corporate acquisitions by taking a behavioral and real options perspective. Chapter 2 classifies acquisitions based on real option characteristics and shows option type (single vs. compound) and option nature

Evaluation of proposed German safety criteria for high-temperature gas-cooled reactors

International Nuclear Information System (INIS)

Barsell, A.W.

1980-05-01

This work reviews proposed safety criteria prepared by the German Bundesministerium des Innern (BMI) for future licensing of gas-cooled high-temperature reactor (HTR) concepts in the Federal Republic of Germany. Comparison is made with US General Design Criteria (GDCs) in 10CFR50 Appendix A and with German light water reactor (LWR) criteria. Implications for the HTR design relative to the US design and safety approach are indicated. Both inherent characteristics and design features of the steam cycle, gas turbine, and process heat concepts are taken into account as well as generic design options such as a pebble bed or prismatic core

Developments of radiation safety requirements for the management of radiation devices

International Nuclear Information System (INIS)

Lee, Hee Seock; Choi, Jin Ho; Cheong, Yuon Young

2002-03-01

The approach of the risk-informed regulatory options was studied to develop the radiation safety requirements for the managements for radiation devices. The task analysis, exposure, accident scenario development, risk analysis, and systematic approach for regulatory options was considered in full, based on the NRC report, 'NUREG/CR-6642', and the translation of its core part was conducted for ongoing research. In this methodology, the diamond tree that includes human factors, etc, additionally with normal event tree, was used. According to the analysis results of this approach, the risk analysis and the development of regulatory options were applied for the electron linear accelerators and the qualitative results were obtained. Because the field user groups were participated in this study could contribute to the basis establishment of the risk-informed regulation policy through securing consensus and inducing particle interests. It will make an important role of establishing the detail plan of ongoing research

Developments of radiation safety requirements for the management of radiation devices

Energy Technology Data Exchange (ETDEWEB)

Lee, Hee Seock [Pohang Accelerator Lab, Pohang (Korea, Republic of); Choi, Jin Ho [Gachun University of Medicine and science, Incheon (Korea, Republic of); Cheong, Yuon Young [Asan Medical Center, Seoul (Korea, Republic of)] (and others)

2002-03-15

The approach of the risk-informed regulatory options was studied to develop the radiation safety requirements for the managements for radiation devices. The task analysis, exposure, accident scenario development, risk analysis, and systematic approach for regulatory options was considered in full, based on the NRC report, 'NUREG/CR-6642', and the translation of its core part was conducted for ongoing research. In this methodology, the diamond tree that includes human factors, etc, additionally with normal event tree, was used. According to the analysis results of this approach, the risk analysis and the development of regulatory options were applied for the electron linear accelerators and the qualitative results were obtained. Because the field user groups were participated in this study could contribute to the basis establishment of the risk-informed regulation policy through securing consensus and inducing particle interests. It will make an important role of establishing the detail plan of ongoing research.

Energy options for residential buildings assessment

International Nuclear Information System (INIS)

Rezaie, Behnaz; Dincer, Ibrahim; Esmailzadeh, Ebrahim

2013-01-01

Highlights: ► Studying various building energy options. ► Assessing these options from various points. ► Comparing these options for better environment and sustainability. ► Proposing renewable energy options as potential solutions. - Abstract: The building sector, as one of the major energy consumers, demands most of the energy research to assess different energy options from various aspects. In this paper, two similar residential buildings, with either low or high energy consumption patterns, are chosen as case studies. For these case studies, three different renewable energy technology and three different hybrid systems are designed for a specified size. Then, the environmental impact indices, renewable energy indices, and the renewable exergy indices have been estimated for every energy options. Results obtained show that the hybrid systems (without considering the economics factors) are superior and having top indices. The importance of the energy consumption patterns in buildings are proven by the indices. By cutting the energy consumption to about 40% the environment index would increase by more than twice (2.1). Utilization of the non-fossil fuels is one part of the solution to environmental problems while energy conservation being the other. It has been shown that the re-design of the energy consumption model is less complex but more achievable for buildings.

Comments on the feasibility studies concerning the decommissioning options LAW retrieval, relocation and backfilling for the Asse facility with respect to the applicability of the BfS evaluation criteria

International Nuclear Information System (INIS)

Alt, Stefan; Kallenbach-Herbert, Beate; Neles, Julia

2009-01-01

The comments on the feasibility studies cover the decommissioning options LAW retrieval, relocation and backfilling for the Asse facility with respect to the applicability of the BfS evaluation criteria. The respective BfS criteria include the evaluation with respect to the safety during the operational phase, the environmental impacts in case of an uncontrollable brine intrusion; the preliminary long-term safety assessment; the feasibility; and the time required.

Design Evolution Study - Aging Options

International Nuclear Information System (INIS)

McDaniel, P.

2002-01-01

The purpose of this study is to identify options and issues for aging commercial spent nuclear fuel received for disposal at the Yucca Mountain Mined Geologic Repository. Some early shipments of commercial spent nuclear fuel to the repository may be received with high-heat-output (younger) fuel assemblies that will need to be managed to meet thermal goals for emplacement. The capability to age as much as 40,000 metric tons of heavy metal of commercial spent nuclear he1 would provide more flexibility in the design to manage this younger fuel and to decouple waste receipt and waste emplacement. The following potential aging location options are evaluated: (1) Surface aging at four locations near the North Portal; (2) Subsurface aging in the permanent emplacement drifts; and (3) Subsurface aging in a new subsurface area. The following aging container options are evaluated: (1) Complete Waste Package; (2) Stainless Steel inner liner of the waste package; (3) Dual Purpose Canisters; (4) Multi-Purpose Canisters; and (5) New disposable canister for uncanistered commercial spent nuclear fuel. Each option is compared to a ''Base Case,'' which is the expected normal waste packaging process without aging. A Value Engineering approach is used to score each option against nine technical criteria and rank the options. Open issues with each of the options and suggested future actions are also presented. Costs for aging containers and aging locations are evaluated separately. Capital costs are developed for direct costs and distributable field costs. To the extent practical, unit costs are presented. Indirect costs, operating costs, and total system life cycle costs will be evaluated outside of this study. Three recommendations for aging commercial spent nuclear fuel--subsurface, surface, and combined surface and subsurface are presented for further review in the overall design re-evaluation effort. Options that were evaluated but not recommended are: subsurface aging in a new

17 CFR 33.3 - Unlawful commodity option transactions.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Unlawful commodity option... REGULATION OF DOMESTIC EXCHANGE-TRADED COMMODITY OPTION TRANSACTIONS § 33.3 Unlawful commodity option... of, or maintain a position in, any commodity option transaction subject to the provisions of this...

Health economics of blood transfusion safety--focus on sub-Saharan Africa.

Science.gov (United States)

van Hulst, Marinus; Smit Sibinga, Cees Th; Postma, Maarten J

2010-01-01

Health economics provides a standardised methodology for valid comparisons of interventions in different fields of health care. This review discusses the health economic evaluations of strategies to enhance blood product safety in sub-Saharan Africa. We reviewed health economic methodology with special reference to cost-effectiveness analysis. We searched the literature for cost-effectiveness in blood product safety in sub-Saharan Africa. HIV-antibody screening in different settings in sub-Saharan Africa showed health gains and saved costs. Except for adding HIV-p24 screening, adding other tests such as nucleic acid amplification testing (NAT) to HIV-antibody screening displayed incremental cost-effectiveness ratios greater than the WHO/World Bank specified threshold for cost-effectiveness. The addition of HIV-p24 in combination with HCV antibody/antigen screening and multiplex (HBV, HCV and HIV) NAT in pools of 24 may also be cost-effective options for Ghana. From a health economic viewpoint, HIV-antibody screening should always be implemented in sub-Saharan Africa. The addition of HIV-p24 antigen screening, in combination with HCV antibody/antigen screening and multiplex (HBV, HCV and HIV) NAT in pools of 24 may be feasible options for Ghana. Suggestions for future health economic evaluations of blood transfusion safety interventions in sub-Saharan Africa are: mis-transfusion, laboratory quality and donor management. Copyright 2009 The International Association for Biologicals. Published by Elsevier Ltd. All rights reserved.

Equity Portfolio Management Using Option Price Information

DEFF Research Database (Denmark)

Christoffersen, Peter; Pan, Xuhui (Nick)

We survey the recent academic literature that uses option-implied information to construct equity portfolios. Studies show that equity managers can earn a positive alpha by using information in individual equity options, by using stocks' exposure to information in market index options, and by usi...

Safety, security, and serving the public interest in synthetic biology.

Science.gov (United States)

Gronvall, Gigi Kwik

2018-03-21

This article describes what may be done by scientists and by the biotechnology industry, generally, to address the safety and security challenges in synthetic biology. Given the technical expertise requirements for developing sound policy options, as well as the importance of these issues to the future of the industry, scientists who work in synthetic biology should be informed about these challenges and get involved in shaping policies relevant to the field.

The Real Options Attached to an Investment Project

Directory of Open Access Journals (Sweden)

Mihai-Cristian DINICĂ

2011-12-01

Full Text Available The real options capture the importance of the managerial team’s role in creating value through investment projects. The investments in real assets have a set of options that managers can exercise during the period of the project to increase the value of the assets or to limit the eventual losses. This options have their own value.The traditional methods for investment project evaluatioan, based on discounted cash flows, have some major disadvantages: they assume the irreversibility of a decision, do not take into account the interactions between decisions in several periods and treat the investment as pasive. The evaluation using real options undertake this disadvantage. The paper shows the main types of real options, together with their elements and captures the impact of these options on the value of the investment. The main two models used to evaluate real options, the binomial model and Black-Scholes model, are explained and used to compute the value of real options attached to an investment project.

Nuclear Power and Safety Division activity

International Nuclear Information System (INIS)

Pazdera, F.

1991-01-01

History of the Division is briefly described. Present research is centered on reliability analyses and thermal hydraulic analyses of transients and accidents. Some results of the safety analyses have been applied at nuclear power plants. A characterization is presented of computer codes for analyzing the behavior of fuel in normal and accident conditions. Research activities in the field of water chemistry and corrosion are oriented to the corrosion process at high temperatures and high pressures, and the related mass and radioactivity transfer; the effect of some chemical processes on primary coolant circuit materials; optimization of PWR filtration systems; and the development of the requisite monitoring instrumentation. A computerized operator support system has been developed, and at present it is tested at the Dukovany nuclear power plant. A program of nuclear fuel cycle strategy and economy has been worked out for nuclear fuel performance evaluation. Various options for better fuel exploitation, alternatives for advanced fuelling, and fuel cycle costs are assessed, and out-of-reactor fuel cycle options are compared. (M.D.). 7 refs., 32 refs

The molten salt reactor option for beneficial use of fissile material from dismantled weapons

International Nuclear Information System (INIS)

Gat, U.; Engel, J.R.

1991-01-01

The Molten Salt Reactor (MSR) option for burning fissile fuel from dismantled weapons is examined and is found very suitable for the beneficial use of this fuel. MSRs can utilize any fissile fuel in continuous operation with no special modifications, as demonstrated in the Molten Salt Reactor Experiment. Thus, MSRs are flexible while maintaining their economy. Furthermore, MSRs require only a minimum of special fuel preparation. They can tolerate denaturing and dilution of their fuel. The size of fuel shipments can be determined to optimize safety and security-all of which supports nonproliferation and resists diversion. In addition, MSRs have inherent safety features that make them acceptable and attractive. They can burn fissile material completely or can convert it to other fuels. MSRs also have the potential for burning the actinides and delivering the waste in an optimal form, thus contributing to the solution of one of the major remaining problems in the deployment of nuclear power

17 CFR 32.3 - Unlawful commodity option transactions.

Science.gov (United States)

2010-04-01

... 17 Commodity and Securities Exchanges 1 2010-04-01 2010-04-01 false Unlawful commodity option... REGULATION OF COMMODITY OPTION TRANSACTIONS § 32.3 Unlawful commodity option transactions. (a) On and after... extend credit in lieu thereof) from an option customer as payment of the purchase price in connection...

Characterization strategy for the flammable gas safety issue

International Nuclear Information System (INIS)

Stewart, C.W.; Brewster, M.E.; Roberts, J.S.

1997-06-01

The characterization strategy for resolving the flammable gas safety issue for Hanford waste tanks is based on a structured logic diagram (SLD) that displays the outcomes necessary to reach the desired goal of making flammable gas risk acceptable. The diagram provides a structured path that can identify all information inputs, data as well as models, needed to achieve the goal. Tracing the path from need to outcome provides an immediate and clear justification and defense of a specific need. The diagram itself is a open-quote picture of a risk calculation close-quote and forms the basis for a quantitative model of risk. The SLID, with the risk calculation, identifies options for characterization, mitigation, and controls that have the maximum effect in reducing risk. It provides quantitative input to risk-based decision making so that options are chosen for maximum impact at least cost

40 CFR 35.6345 - Equipment disposal options.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 1 2010-07-01 2010-07-01 false Equipment disposal options. 35.6345 Section 35.6345 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY GRANTS AND OTHER FEDERAL... options. The following disposal options are available: (a) Use the equipment on another CERCLA project and...

Incentive effects of performance-vested stock options

NARCIS (Netherlands)

Kuang, Y.

2007-01-01

The vesting of traditional stock options (TSOs) only depends on the passage of time and managerial compensation might merely reflect price increases in a rising market. As a reform on traditional stock option plans, performance targets have been introduced as a condition for option vesting. The use

Canadian hydrogen safety program

International Nuclear Information System (INIS)

MacIntyre, I.; Tchouvelev, A.V.; Hay, D.R.; Wong, J.; Grant, J.; Benard, P.

2007-01-01

The Canadian hydrogen safety program (CHSP) is a project initiative of the Codes and Standards Working Group of the Canadian transportation fuel cell alliance (CTFCA) that represents industry, academia, government, and regulators. The Program rationale, structure and contents contribute to acceptance of the products, services and systems of the Canadian Hydrogen Industry into the Canadian hydrogen stakeholder community. It facilitates trade through fair insurance policies and rates, effective and efficient regulatory approval procedures and accommodation of the interests of the general public. The Program integrates a consistent quantitative risk assessment methodology with experimental (destructive and non-destructive) failure rates and consequence-of-release data for key hydrogen components and systems into risk assessment of commercial application scenarios. Its current and past six projects include Intelligent Virtual Hydrogen Filling Station (IVHFS), Hydrogen clearance distances, comparative quantitative risk comparison of hydrogen and compressed natural gas (CNG) refuelling options; computational fluid dynamics (CFD) modeling validation, calibration and enhancement; enhancement of frequency and probability analysis, and Consequence analysis of key component failures of hydrogen systems; and fuel cell oxidant outlet hydrogen sensor project. The Program projects are tightly linked with the content of the International Energy Agency (IEA) Task 19 Hydrogen Safety. (author)

Mixed waste management options

International Nuclear Information System (INIS)

Owens, C.B.; Kirner, N.P.

1992-01-01

Currently, limited storage and treatment capacity exists for commercial mixed waste streams. No commercial mixed waste disposal is available, and it has been estimated that if and when commercial mixed waste disposal becomes available, the costs will be high. If high disposal fees are imposed, generators may be willing to apply extraordinary treatment or regulatory approaches to properly dispose of their mixed waste. This paper explores the feasibility of several waste management scenarios and management options. Existing data on commercially generated mixed waste streams are used to identify the realm of mixed waste known to be generated. Each waste stream is evaluated from both a regulatory and technical perspective in order to convert the waste into a strictly low-level radioactive or a hazardous waste. Alternative regulatory approaches evaluated in this paper include a delisting petition) no migration petition) and a treatability variance. For each waste stream, potentially available treatment options are identified that could lead to these variances. Waste minimization methodology and storage for decay are also considered. Economic feasibility of each option is discussed broadly. Another option for mixed waste management that is being explored is the feasibility of Department of Energy (DOE) accepting commercial mixed waste for treatment, storage, and disposal. A study has been completed that analyzes DOE treatment capacity in comparison with commercial mixed waste streams. (author)

Compound Option Pricing under Fuzzy Environment

Directory of Open Access Journals (Sweden)

Xiandong Wang

2014-01-01

Full Text Available Considering the uncertainty of a financial market includes two aspects: risk and vagueness; in this paper, fuzzy sets theory is applied to model the imprecise input parameters (interest rate and volatility. We present the fuzzy price of compound option by fuzzing the interest and volatility in Geske’s compound option pricing formula. For each α, the α-level set of fuzzy prices is obtained according to the fuzzy arithmetics and the definition of fuzzy-valued function. We apply a defuzzification method based on crisp possibilistic mean values of the fuzzy interest rate and fuzzy volatility to obtain the crisp possibilistic mean value of compound option price. Finally, we present a numerical analysis to illustrate the compound option pricing under fuzzy environment.

Public opinion on water reuse options

International Nuclear Information System (INIS)

Bruvold, W.H.

1988-01-01

Public policy on waste water reuse options must be informed by public opinion because it is the public who must pay the cost of developing the option and who will be served by the option in the future. For public policy on reuse, guidance for innovative reuse is not as simple as first believed. It seems that public opinion regarding actual community reuse options is affected by the linkage of several factors, including water conservation, health protection, treatment and distribution costs, and environmental enhancement. Probability sampling was used in 7 studies to select respondents who were queried regarding their opinions on various reclaimed water uses such as ranging from cooling tower water to full domestic use. These 7 are briefly reviewed

Supporting Multiprocessors in the Icecap Safety-Critical Java Run-Time Environment

DEFF Research Database (Denmark)

Zhao, Shuai; Wellings, Andy; Korsholm, Stephan Erbs

The current version of the Safety Critical Java (SCJ) specification defines three compliance levels. Level 0 targets single processor programs while Level 1 and 2 can support multiprocessor platforms. Level 1 programs must be fully partitioned but Level 2 programs can also be more globally...... scheduled. As of yet, there is no official Reference Implementation for SCJ. However, the icecap project has produced a Safety-Critical Java Run-time Environment based on the Hardware-near Virtual Machine (HVM). This supports SCJ at all compliance levels and provides an implementation of the safety......-critical Java (javax.safetycritical) package. This is still work-in-progress and lacks certain key features. Among these is the ability to support multiprocessor platforms. In this paper, we explore two possible options to adding multiprocessor support to this environment: the “green thread” and the “native...

7 CFR 457.172 - Coverage Enhancement Option.

Science.gov (United States)

2010-01-01

... 7 Agriculture 6 2010-01-01 2010-01-01 false Coverage Enhancement Option. 457.172 Section 457.172..., DEPARTMENT OF AGRICULTURE COMMON CROP INSURANCE REGULATIONS § 457.172 Coverage Enhancement Option. The Coverage Enhancement Option for the 2009 and succeeding crop years are as follows: FCIC policies: United...

Numerical Algorithm for Delta of Asian Option

Directory of Open Access Journals (Sweden)

Boxiang Zhang

2015-01-01

Full Text Available We study the numerical solution of the Greeks of Asian options. In particular, we derive a close form solution of Δ of Asian geometric option and use this analytical form as a control to numerically calculate Δ of Asian arithmetic option, which is known to have no explicit close form solution. We implement our proposed numerical method and compare the standard error with other classical variance reduction methods. Our method provides an efficient solution to the hedging strategy with Asian options.

Delta-gamma-theta Hedging of Crude Oil Asian Options

Directory of Open Access Journals (Sweden)

Juraj Hruška

2015-01-01

Full Text Available Since Black-Scholes formula was derived, many methods have been suggested for vanilla as well as exotic options pricing. More of investing and hedging strategies have been developed based on these pricing models. Goal of this paper is to derive delta-gamma-theta hedging strategy for Asian options and compere its efficiency with gamma-delta-theta hedging combined with predictive model. Fixed strike Asian options are type of exotic options, whose special feature is that payoff is calculated from the difference of average market price and strike price for call options and vice versa for the put options. Methods of stochastic analysis are used to determine deltas, gammas and thetas of Asian options. Asian options are cheaper than vanilla options and therefore they are more suitable for precise portfolio creation. On the other hand their deltas are also smaller as well as profits. That means that they are also less risky and more suitable for hedging. Results, conducted on chosen commodity, confirm better feasibility of Asian options compering with vanilla options in sense of gamma hedging.

48 CFR 552.217-70 - Evaluation of Options.

Science.gov (United States)

2010-10-01

... 48 Federal Acquisition Regulations System 4 2010-10-01 2010-10-01 false Evaluation of Options. 552... Evaluation of Options. As prescribed in 517.208(a), insert the following provision: Evaluation of Options... period price. When option year pricing is based on a formula (e.g., changes in the Producer Price Index...

14 CFR 380.33a - Operator's option plan.

Science.gov (United States)

2010-01-01

... 14 Aeronautics and Space 4 2010-01-01 2010-01-01 false Operator's option plan. 380.33a Section 380... option plan. (a) For the purposes of this part, an operator's option plan contract that states... flight leg. (b) Operator's option plan contracts shall state, in addition to the information required by...

24 CFR 206.26 - Change in payment option.

Science.gov (United States)

2010-04-01

... 24 Housing and Urban Development 2 2010-04-01 2010-04-01 false Change in payment option. 206.26... in payment option. (a) General. The payment option may be changed as provided in this section. (b... credit payment option. Until the repairs are completed, the mortgagee shall make no line of credit...

5 CFR 870.704 - Amount of Option A.

Science.gov (United States)

2010-01-01

... 5 Administrative Personnel 2 2010-01-01 2010-01-01 false Amount of Option A. 870.704 Section 870... of Option A. (a) The amount of Option A coverage an annuitant or compensationer can continue is $10,000. (b) An annuitant's or compensationer's Option A coverage reduces by 2 percent of the original...

First wall and blanket module safety enhancement by material selection and design decision

International Nuclear Information System (INIS)

Merrill, B.J.

1980-01-01

A thermal/mechanical study has been performed which illustrates the behavior of a fusion reactor first wall and blanket module during a loss of coolant flow event. The relative safety advantages of various material and design options were determined. A generalized first wall-blanket concept was developed to provide the flexibility to vary the structural material (stainless steel vs titanium), coolant (helium vs water), and breeder material (liquid lithium vs solid lithium aluminate). In addition, independent vs common first wall-blanket cooling and coupled adjacent module cooling design options were included in the study. The comparative analyses were performed using a modified thermal analysis code to handle phase change problems

Research into real-option evaluation method

International Nuclear Information System (INIS)

Shiba, Tsuyoshi; Wakamatsu, Hitoshi

2002-03-01

As an evaluational method for valuation of a corporation, an investment project, a research and development, or the evaluation technique of an enterprise strategy, a real option analysis attracts attention instead of conventional Discount Cash Flow method. The reason is that it can divert the technique for the option valuation in financial engineering to the decision-making process performed according to change in investment environment. Related references, the analysis tools, the application examples, etc. were investigated about the decision-making technique using real option analysis, and this investigation considered the application method to decision-making of the research and development at Japan Nuclear Cycle Development Institute. Consequently, since the feature is in real option analysis being the evaluation technique on condition of that business conditions and business itself also change, the real option analysis fits for evaluation of a research and development that business conditions were opaque and it turns out that the businesses are highly flexible. Moreover, it turns out that it fits also for evaluation of a capital concentration type investment issue like power plants. (author)

Radiation Safety Professional Certification Process in a Multi-Disciplinary Association

International Nuclear Information System (INIS)

Wilson, G.; Jones, P.; Ilson, R.

2004-01-01

There is no one set of criteria that defines the radiation safety professional in Canada. The many varied positions, from university and medical to industry and mining, define different qualifications to manage radiation safety programs. The national regulatory body has to assess many different qualifications when determining if an individual is acceptable to be approved for the role of radiation safety officer under any given licence. Some professional organizations specify education requirements and work experience as a prerequisite to certification. The education component specifies a degree of some type but does not identify specific courses or competencies within that degree. This could result in individuals with varying levels of radiation safety experience and training. The Canadian Radiation Protection Association (CRPA), responding to a need identified by the membership of the association, has initiated a process where the varying levels of knowledge of radiation safety can be addressed for radiation safety professionals. By identifying a core level set of radiation safety competencies, the basic level of radiation safety officer for smaller organizations can be met. By adding specialty areas, education can be pursued to define the more complex needs of larger organizations. This competency based process meets the needs of licensees who do not require highly trained health physicists in order to meet the licensing requirements and at the same time provides a stepping stone for those who wish to pursue a more specialized health physics option. (Author) 8 refs

32 CFR 48.203 - Election of options.

Science.gov (United States)

2010-07-01

... 32 National Defense 1 2010-07-01 2010-07-01 false Election of options. 48.203 Section 48.203 National Defense Department of Defense OFFICE OF THE SECRETARY OF DEFENSE PERSONNEL, MILITARY AND CIVILIAN RETIRED SERVICEMAN'S FAMILY PROTECTION PLAN Election of Options § 48.203 Election of options. (a) A member...

45 CFR 1306.32 - Center-based program option.

Science.gov (United States)

2010-10-01

... 45 Public Welfare 4 2010-10-01 2010-10-01 false Center-based program option. 1306.32 Section 1306... START PROGRAM HEAD START STAFFING REQUIREMENTS AND PROGRAM OPTIONS Head Start Program Options § 1306.32 Center-based program option. (a) Class size. (1) Head Start classes must be staffed by a teacher and an...

Accounting treatment of currency options

Directory of Open Access Journals (Sweden)

Prošić Danica

2016-01-01

Full Text Available Currency options are often used to mitigate currency risk resulting from corporate activities. Their implementation can be complex, and there could be problems if the essential elements and principles are not fully understood. Although they are not the simplest financial products, currency options are interesting and useful to those who are trying to make a step forward in the area of currency risk management. This paper aims to present the general principles and specifics of accounting records and valuation of currency options used for hedging against risk. It is a complex process which, in addition to numerous conditions, also involves the implementation of accounting rules that deviate from the generally accepted accounting principles.

Mental health policy: Options for South Africa

Directory of Open Access Journals (Sweden)

Y. G. Pillay

1993-03-01

Full Text Available This paper emphasizes the need for mental health professionals to become involved in developing mental health policies in South Africa. In particular, it examines three options that are currently the focus of attention with respect to national health options, i.e. a free market system, a national health service (NHS and a national health insurance system (NHIS. While the paper does not provide support for any one of these options it does attempt to investigate some of the implications of each option for the funding and delivery of mental health care.

[Training in patient safety in medical and nursing schools].

Science.gov (United States)

Mira, J J; Guilabert, M; Vitaller, J; Ignacio, E

2016-01-01

To compare the information on patient safety received by students of medicine and nursing. Cross-sectional study was conducted using a convenience sample of medical and nursing students of 3 Universities. The Latin Patient Safety Student Information and a test of 5 questions with 5 options were used. A sample of 79 students in each group was enrolled to detect differences of .3 units (bilateral estimation), considering 80% statistical power and 95% confidence interval. A total of 144 students replied (74 nursing and 70 medicine students). Nursing students achieved higher scores in the communication with patients factor (3.8 vs 3.2, P<.001) and proactive attitude to identify risks for patient safety (4.3 vs 3.8, P<.001). Medical students were more aware of the inevitability of adverse events (2.3 vs 3.1, P<.001). Ten (7%) students had only one fault in the test, and only one (1%) answered all questions correctly. The training in patient safety should be improved both in nursing and medicine, although nursing students receive more information. Copyright © 2015 SECA. Published by Elsevier Espana. All rights reserved.

38 CFR 9.4 - Beneficiaries and options.

Science.gov (United States)

2010-07-01

... 38 Pensions, Bonuses, and Veterans' Relief 1 2010-07-01 2010-07-01 false Beneficiaries and options... SERVICEMEMBERS' GROUP LIFE INSURANCE AND VETERANS' GROUP LIFE INSURANCE § 9.4 Beneficiaries and options. Any designation of beneficiary or election of settlement options is subject to the provisions of 38 U.S.C. 1970...

40 CFR 80.163 - Detergent certification options.

Science.gov (United States)

2010-07-01

... 40 Protection of Environment 16 2010-07-01 2010-07-01 false Detergent certification options. 80... options. To be used to satisfy the detergency requirements under § 80.161(a), a detergent additive must be certified in accordance with the requirements of one or more of the options and suboptions described in this...

Treatment Options by Stage (Vaginal Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) depends on the ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

Treatment Options for Chronic Myeloproliferative Neoplasms

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options for primary myelofibrosis. Prognosis (chance of recovery ) depends ... factors affect prognosis (chance of recovery) and treatment options for essential thrombocythemia. Prognosis (chance of recovery ) and ...

Treatment Options for Nonmelanoma Skin Cancer

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) depends mostly on ... helped by lip balm or petroleum jelly . Treatment Option Overview Key Points There are different types of ...

Treatment Option Overview (Chronic Myeloproliferative Neoplasms)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options for primary myelofibrosis. Prognosis (chance of recovery ) depends ... factors affect prognosis (chance of recovery) and treatment options for essential thrombocythemia. Prognosis (chance of recovery ) and ...

Implementation of an enlarged model of the safety valves and relief in the plant integral model for the code RELAP/SCDAPSIM

International Nuclear Information System (INIS)

Amador G, R.; Ortiz V, J.; Castillo D, R.; Hernandez L, E. J.; Galeana R, J. C.; Gutierrez, V. H.

2013-10-01

The present work refers to the implementation of a new model on the logic of the safety valves and relief in the integral model of the Nuclear Power Plant of Laguna Verde of the thermal-hydraulic compute code RELAP/SCDAPSIM Mod. 3.4. The new model was developed with the compute package SIMULINK-MATLAB and contemplates all the operation options of the safety valves and relief, besides including the availability options of the valves in all the operation ways and of blockage in the ways of relief and low-low. The implementation means the elimination of the old model of the safety valves and to analyze the group of logical variables, of discharge and available control systems to associate them to the model of package SIMULINK-MATLAB. The implementation has been practically transparent and 27 cases corresponding to a turbine discharge were analyzed with the code RELAP/SCDAPSIM Mod. 3.4. The results were satisfactory. (Author)

Improving safety margin of LWRs by rethinking the emergency core cooling system criteria and safety system capacity

Energy Technology Data Exchange (ETDEWEB)

Lee, Youho, E-mail: euo@kaist.ac.kr; Kim, Bokyung, E-mail: bkkim2@kaist.ac.kr; NO, Hee Cheon, E-mail: hcno@kaist.ac.kr

2016-10-15

Highlights: • Zircaloy embrittlement criteria can increase to 1370 °C for CP-ECR lower than 13%. • The draft ECCS criteria of U.S. NRC allow less than 5% in power margin. • The Japanese fracture-based criteria allow around 5% in power margin. • Increasing SIT inventory is effective in assuring safety margin for power uprates. - Abstract: This study investigates the engineering compatibility between emergency core cooling system criteria and safety water injection systems, in the pursuit of safety margin increase of light water reactors. This study proposes an acceptable temperature increase to 1370 °C as long as equivalent cladding reacted calculated by the Cathcart–Pawel equation is below 13%, after an extensive literature review. The influence of different ECCS criteria on the safety margin during large break loss of coolant accident is investigated for OPR-1000 by the system code MARS-KS, implemented with the KINS-REM method. The fracture-based emergency core cooling system (ECCS) criteria proposed in this study are shown to enable power margins up to 10%. In the meantime, the draft U.S. NRC’s embrittlement criteria (burnup-sensitive) and Japanese fracture-based criteria are shown to allow less than 5%, and around 5% of power margins, respectively. Increasing safety injection tank (SIT) water inventory is the key, yet convenient, way of assuring safety margin for power increase. More than 20% increase in the SIT water inventory is required to allow 15% power margins, for the U.S. NRC’s burnup-dependent embrittlement criteria. Controlling SIT water inventory would be a useful option that could allow the industrial desire to pursue power margins even under the recent atmosphere of imposing stricter ECCS criteria for the considerable burnup effects.

Observing Optional Number in DDC Edition 23

Directory of Open Access Journals (Sweden)

Mohamad Rotmianto

2015-04-01

Full Text Available Dewey Decimal Classification is a most popular classification system in the world because of its completeness and most up-to-date. There are many optional number in this classification system, although it rarely to be discussed even it is important to known well about that optional number, especially  for  a  librarian  as  classifier.  This  paper  is  a  literature  study  about  Dewey  Decimal Classification  Edition  23,  to  describe  about  optional  numbers,  particularly  the  number  in relationship with Indonesia’s subject and discipline. This paper is to avoid misunderstanding in interpreted about optional number among librarians, especially for who that does not understand well about optional numbers.

Novel preventive treatment options

DEFF Research Database (Denmark)

Longbottom, C; Ekstrand, K; Zero, D

2009-01-01

A number of novel preventive treatment options which, as with traditional methods, can be differentiated into 3 categories of prevention (primary, secondary and tertiary), have been and are being currently investigated. Those reviewed are either commercially available or appear relatively close...... of these techniques show considerable promise and dentists should be aware of these developments and follow their progress, the evidence for each of these novel preventive treatment options is currently insufficient to make widespread recommendations. Changes in dental practice should be explored to see how oral...

Development of the NIREX generic transport safety assessment to assist in the provision of waste packaging advice

International Nuclear Information System (INIS)

Hutchinson, D.L.; Marrison, A.R.; Sievwright, R.W.T.

2002-01-01

The current Nirex Mission is to provide the United Kingdom with safe, environmentally sound and publicly acceptable options for the long-term management of radioactive materials. As part of this role, Nirex has developed a phased deep geological disposal concept which is defined by six 'generic documents' that describe systems, processes and safety assessments that are not specific to any one location or geology. These generic documents give access to detailed information about the ideas and approaches that underpin the phased disposal concept, and have been published with an invitation to enter into dialogue with Nirex regarding these issues. The generic documents identify the requirements for an integrated transport system that would be necessary for the management of the intermediate-level (ILW) and low-level (LLW) wastes within Nirex's remit - the so-called reference case volume. This has involved Nirex in the development of transport hardware and associated safety reports and modelling and assessment tools for transport system logistics and system safety. Although the phased disposal concept is only one option for the long-term management of waste, the integrated transport system and associated modelling tools, is likely to be of equal relevance to other options. The safety assessment of the generic transport operation for the movement of ILW and LLW waste from waste producers' sites to a future radioactive waste disposal facility is described in one of the generic documents - the generic transport safety assessment (GTSA). The GTSA demonstrates that the transport operation is compliant with Nirex safety principles, and that the nuclear and non-nuclear risks to the public and workers from routine transport and from accidents are acceptable. This paper describes the types of risk that are calculated, and discusses the data requirements and calculation methodology. The verification and validation methodology is outlined, together with a discussion of the results

Gen-III/III+ reactors. Solving the future energy supply shortfall. The SWR-1000 option

International Nuclear Information System (INIS)

Stosic, Z.V.

2006-01-01

Deficiency of non-renewable energy sources, growing demand for electricity and primary energy, increase in population, raised concentration of greenhouse gases in the atmosphere and global warming are the facts which make nuclear energy currently the most realistic option to replace fossil fuels and satisfy global demand. The nuclear power industry has been developing and improving reactor technology for almost five decades and is now ready for the next generation of reactors which should solve the future energy supply shortfall. The advanced Gen-III/III+ (Generation III and/or III+) reactor designs incorporate passive or inherent safety features which require no active controls or operational intervention to manage accidents in the event of system malfunction. The passive safety equipment functions according to basic laws of physics such as gravity and natural convection and is automatically initiated. By combining these passive systems with proven active safety systems, the advanced reactors can be considered to be amongst the safest equipment ever made. Since the beginning of the 90's AREVA NP has been intensively engaged in the design of two advanced Gen-III+ reactors: (i) PWR (Pressurized Water Reactor) EPR (Evolutionary Power Reactor) and (ii) BWR (Boiling Water Reactor) SWR-1000. The SWR-1000 reactor design marks a new era in the successful tradition of BWR technology. It meets the highest safety standards, including control of a core melt accident. This is achieved by supplementing active safety systems with passive safety equipment of diverse design for accident detection and control and by simplifying systems needed for normal plant operation. A short construction period, flexible fuel cycle lengths and a high fuel discharge burn-up contribute towards meeting economic goals. The SWR-1000 completely fulfils international nuclear regulatory requirements. (author)

Low activity resin processing and disposal options review

International Nuclear Information System (INIS)

Gardner, F.

1996-01-01

New processing options for low activity resin processing and disposal are available. This presentation reviews the economics and technical requirements associated with the following low activity resin processing options. (1) Bulk release resin. (2) Direct disposal. (3) Decontamination and bulk release of cleaned resin. New processing and disposal options have been developed during 1995. Commercial experience with each of these options will be reviewed and the economics associated with the processing method described in detail. Technical requirements for each option will be identified specifying the activity limits and operational requirements for implementation

Help Options in CALL: A Systematic Review

Science.gov (United States)

Cardenas-Claros, Monica S.; Gruba, Paul A.

2009-01-01

This paper is a systematic review of research investigating help options in the different language skills in computer-assisted language learning (CALL). In this review, emerging themes along with is-sues affecting help option research are identified and discussed. We argue that help options in CALL are application resources that do not only seem…

Option Fixation: A Cognitive Contributor to Overconfidence

Science.gov (United States)

Sieck, Winston R.; Merkle, Edgar C.; Van Zandt, Trisha

2007-01-01

The ASC model of choice and confidence in general knowledge proposes that respondents first Assess the familiarity of presented options, and then use the high-familiarity option as a retrieval cue to Search memory for the purposes of Constructing an explanation about why that high-familiarity option is true. The ASC process implies that…

A hybrid modeling approach for option pricing

Science.gov (United States)

Hajizadeh, Ehsan; Seifi, Abbas

2011-11-01

The complexity of option pricing has led many researchers to develop sophisticated models for such purposes. The commonly used Black-Scholes model suffers from a number of limitations. One of these limitations is the assumption that the underlying probability distribution is lognormal and this is so controversial. We propose a couple of hybrid models to reduce these limitations and enhance the ability of option pricing. The key input to option pricing model is volatility. In this paper, we use three popular GARCH type model for estimating volatility. Then, we develop two non-parametric models based on neural networks and neuro-fuzzy networks to price call options for S&P 500 index. We compare the results with those of Black-Scholes model and show that both neural network and neuro-fuzzy network models outperform Black-Scholes model. Furthermore, comparing the neural network and neuro-fuzzy approaches, we observe that for at-the-money options, neural network model performs better and for both in-the-money and an out-of-the money option, neuro-fuzzy model provides better results.

The implied volatility of index options: the evidence of options on the Australian SPI 200 index futures

OpenAIRE

Tanha, Hassan

2017-01-01

This thesis is a study of the implied volatility component of the Black and Scholes option-pricing model. A recurring finding in the thesis is that in-the-money and out-of ¬the-money options should not be regarded as being on a continuum, but rather as being inherently "different." Additionally, differences across these options are accounted for in relation to behavioural and consumption based models, which, in turn, provide an explanation for the volatility smile. These findings provide a re...

The Factor Structure in Equity Options

DEFF Research Database (Denmark)

Christoffersen, Peter; Fournier, Mathieu; Jacobs, Kris

2018-01-01

Equity options display a strong factor structure. The first principal components of the equity volatility levels, skews, and term structures explain a substantial fraction of the crosssectional variation. Furthermore, these principal components are highly correlated with the S&P 500 index option...... volatility, skew, and term structure, respectively. We develop an equity option valuation model that captures this factor structure. The model predicts that firms with higher market betas have higher implied volatilities, steeper moneyness slopes, and a term structure that covaries more with the market...

Option Strike Price and Managerial Investment Decisions

Institute of Scientific and Technical Information of China (English)

刘鸿雁; 张维

2003-01-01

The manager′s investment decisions is modeled when the manager is risk-averse and has stock options as compensation. It is found that the strike price of options is crucial to the investment incentives of managers, and that the correct value, or interval of values, of managerial stock option strike price can bring stockholder and manager interests in agreement.

Safety and optimization aspects of radioactive waste long-term storage at the ''Vector'' site

International Nuclear Information System (INIS)

Tokarevs'kij, O.V.; Kondrat'jev, S.M.; Aleksjejeva, Z.M.; Ribalka, N.V.

2015-01-01

The paper analyzes links between the final disposal option and needs for long-term storage of radioactive waste taking into proposals on possible changes in radwaste classification as regards disposal. It considers the conceptual approach to design facilities for long-term storage of long-lived radioactive waste at the Vector site and approaches to apply requirements of regulatory documents, radiation safety principles and criteria for long-term storage of radwaste and safety assessment.

Partitioning and transmutation: Radioactive waste management option

International Nuclear Information System (INIS)

Stanculescu, A.

2005-01-01

Growing world population with increasing energy needs, especially in the developing countries, Threat of global warming due to CO 2 emissions demands non-fossil electricity production. Nuclear will have to be part of a sustainable mix of energy production options Figures show that 350 GWe worldwide capacity is 'nuclear'. Present worldwide spent fuel (containing high Pu inventory) and HLW would need large repositories. In view of the previous facts this lecture deals Partitioning and transmutation as radioactive waste management option. Partitioning and transmutation (P and T) is a complex technology i.e. advanced reprocessing, and demand transuranics fuel fabrication plants, as well as innovative and/or dedicated transmutation reactors. In addition to U, Pu, and 129 I, 'partitioning' extracts from the liquid high level waste the minor actinides (MA) and the long-lived fission products (LLFP) 99-Tc, 93-Zr, 135-Cs, 107-Pd, and 79-Se). 'Transmutation' requires fully new fuel fabrication plants and reactor technologies to be developed and implemented on industrial scale. Present LWRs are not suited for MA and LLFP transmutation (safety consideration, plant operation, poor incineration capability). Only specially licensed LWRs can cope with MOX fuel; for increased Pu loadings (up to 100%), special reactor designs (e.g., ABB80+) are required; a combination of these reactor types could allow Pu inventory stabilization. Long-term waste radiotoxicity can be effectively reduced only if transuranics are 'incinerated' through fission with very hard neutron spectra. New reactor concepts (dedicated fast reactors, Accelerator Driven Systems (ADS), fusion/fission hybrid reactors) have been proposed as transmuters/incinerators. Significant Pu+MAs incineration rates can be achieved in symbiotic scenarios: LWR-MOX and dedicated fast reactors; fast neutron spectrum ADS mainly for MA incineration; very high thermal flux ADS concepts could also provide a significant transuranics

Design and Implementation of the Harvard Fellowship in Patient Safety and Quality.

Science.gov (United States)

Gandhi, Tejal K; Abookire, Susan A; Kachalia, Allen; Sands, Kenneth; Mort, Elizabeth; Bommarito, Grace; Gagne, Jane; Sato, Luke; Weingart, Saul N

2016-01-01

The Harvard Fellowship in Patient Safety and Quality is a 2-year physician-oriented training program with a strong operational orientation, embedding trainees in the quality departments of participating hospitals. It also integrates didactic and experiential learning and offers the option of obtaining a master's degree in public health. The program focuses on methodologically rigorous improvement and measurement, with an emphasis on the development and implementation of innovative practice. The operational orientation is intended to foster the professional development of future quality and safety leaders. The purpose of this article is to describe the design and development of the fellowship. © The Author(s) 2014.

Efficacy, safety, and patient acceptability of the Essure™ procedure

Directory of Open Access Journals (Sweden)

Hopkins MR

2011-04-01

Full Text Available Collette R Lessard, Matthew R HopkinsDepartment of Obstetrics and Gynecology, Mayo Clinic, Rochester, Minnesota, USAAbstract: The Essure™ system for permanent contraception was developed as a less invasive method of female sterilization. Placement of the Essure™ coil involves a hysteroscopic transcervical technique. This procedure can be done in a variety of settings and with a range of anesthetic options. More than eight years have passed since the US Food and Drug Administration approval of Essure™. Much research has been done to evaluate placement success, adverse outcomes, satisfaction, pain, and the contraceptive efficacy of the Essure™. The purpose of this review is to summarize the available literature regarding the efficacy, safety, and patient satisfaction with this new sterilization technique.Keywords: hysteroscopic sterilization, Essure™, safety, efficacy, acceptability

Review of Nuclear Thermal Propulsion Ground Test Options

Science.gov (United States)

Coote, David J.; Power, Kevin P.; Gerrish, Harold P.; Doughty, Glen

2015-01-01

High efficiency rocket propulsion systems are essential for humanity to venture beyond the moon. Nuclear Thermal Propulsion (NTP) is a promising alternative to conventional chemical rockets with relatively high thrust and twice the efficiency of highest performing chemical propellant engines. NTP utilizes the coolant of a nuclear reactor to produce propulsive thrust. An NTP engine produces thrust by flowing hydrogen through a nuclear reactor to cool the reactor, heating the hydrogen and expelling it through a rocket nozzle. The hot gaseous hydrogen is nominally expected to be free of radioactive byproducts from the nuclear reactor; however, it has the potential to be contaminated due to off-nominal engine reactor performance. NTP ground testing is more difficult than chemical engine testing since current environmental regulations do not allow/permit open air testing of NTP as was done in the 1960's and 1970's for the Rover/NERVA program. A new and innovative approach to rocket engine ground test is required to mitigate the unique health and safety risks associated with the potential entrainment of radioactive waste from the NTP engine reactor core into the engine exhaust. Several studies have been conducted since the ROVER/NERVA program in the 1970's investigating NTP engine ground test options to understand the technical feasibility, identify technical challenges and associated risks and provide rough order of magnitude cost estimates for facility development and test operations. The options can be divided into two distinct schemes; (1) real-time filtering of the engine exhaust and its release to the environment or (2) capture and storage of engine exhaust for subsequent processing.

A decision methodology for the evaluation of mixed low-level radioactive waste management options for DOE sites

Energy Technology Data Exchange (ETDEWEB)

Bassi, J. [Dept. of Energy, Washington, DC (United States); Abashian, M.S.; Chakraborti, S.; Devarakonda, M.; Djordjevic, S.M. [IT Corp., Albuquerque, NM (United States)

1993-03-01

Currently, many DOE sites are developing site-specific solutions to manage their mixed low-level wastes. These site-specific MLLW programs often result in duplication of efforts between the different sites, and consequently, inefficient use of DOE system resources. A nationally integrated program for MLLW eliminates unnecessary duplication of effort, but requires a comprehensive analysis of waste management options to ensure that all site issues are addressed. A methodology for comprehensive analysis of the complete DOE MLLW system is being developed by DOE-HQ to establish an integrated and standardized solution for managing MLLW. To be effective, the comprehensive systems analysis must consider all aspects of MLLW management from cradle-to-grave (i.e. from MLLW generation to disposal). The results of the analysis will include recommendations for alternative management options for the complete DOE MLLW system based on various components such as effectiveness, cost, health and safety risks, and the probability of regulatory acceptance for an option. Because of the diverse nature of these various components and the associated difficulties in comparing between them, a decision methodology is being developed that will integrate the above components into a single evaluation scheme for performing relative comparisons between different MLLW management options. The remainder of this paper provides an overview of the roles and responsibilities of the various participants of the DOE MLLW Program, and discusses in detail the components involved in the development of the decision methodology for a comprehensive systems analysis.

Statistical Analysis of the Worker Engagement Survey Administered at the Worker Safety and Security Team Festival

Energy Technology Data Exchange (ETDEWEB)

Davis, Adam Christopher [Los Alamos National Lab. (LANL), Los Alamos, NM (United States)

2015-08-25

The Worker Safety and Security Team (WSST) at Los Alamos National Laboratory holds an annual festival, WSST-fest, to engage workers and inform them about safety- and securityrelated matters. As part of the 2015 WSST-fest, workers were given the opportunity to participate in a survey assessing their engagement in their organizations and work environments. A total of 789 workers participated in the 23-question survey where they were also invited, optionally, to identify themselves, their organization, and to give open-ended feedback. The survey consisted of 23 positive statements (i.e. “My organization is a good place to work.”) with which the respondent could express a level of agreement. The text of these statements are provided in Table 1. The level of agreement corresponds to a 5-level Likert scale ranging from “Strongly Disagree” to “Strongly Agree.” In addition to assessing the overall positivity or negativity of the scores, the results were partitioned into several cohorts based on the response meta-data (self-identification, comments, etc.) to explore trends. Survey respondents were presented with the options to identify themselves, their organizations and to provide comments. These options suggested the following questions about the data set.

Strategy for safety case development: impact of a volunteering approach to siting a japanese HLW repository

International Nuclear Information System (INIS)

Kitayama, K.; Ishiguro, K.; Takeuchi, M.; Tsuchi, H.; Kato, T.; Sakabe, Y.; Wakasugi, K.

2008-01-01

NUMO strategy for safety case development is constrained by a staged siting approach, which has been initiated by a call for volunteer municipalities to host the HLW repository. For each site, the safety case is an important factor to be considered at the selection steps which narrow down towards the preferred repository location. This is particularly challenging, however, as every site requires a tailored repository concept, with associated performance assessment and an individual site evaluation programme all of which evolve with gradually increasing understanding of the host environment. In order to maintain flexibility without losing focus, NUMO has developed a formalized tailoring procedure, termed the NUMO Structured Approach (NSA). The NSA guides the interaction of the key site characterisation, repository design and performance assessment groups and is facilitated by tools to help the decision making associated with the tailoring process (e.g. a requirements management system) and with comparison of siting and design options (e.g. multi-attribute analysis). Pragmatically, the post-closure safety case will initially emphasize near-field processes and a robust engineering barrier system, considering the limited geological information at early stages. This will be complemented by a more realistic assessment of total system performance, as needed to compare options. In addition, efforts to rigorously assess operational phase safety and the practicality of assuring quality of the constructed engineered barriers are components of the total safety case which are receiving particular attention now, as they may better discriminate between sites while information is still limited. (authors)

Essay on Option Pricing, Hedging and Calibration

DEFF Research Database (Denmark)

da Silva Ribeiro, André Manuel

Quantitative finance is concerned about applying mathematics to financial markets.This thesis is a collection of essays that study different problems in this field: How efficient are option price approximations to calibrate a stochastic volatilitymodel? (Chapter 2) How different is the discretely...... of dynamics? (Chapter 5) How can we formulate a simple free-arbitrage model to price correlationswaps? (Chapter 6) A summary of the work presented in this thesis: Approximation Behooves Calibration In this paper we show that calibration based on an expansion approximation for option prices in the Heston...... stochastic volatility model gives stable, accurate, and fast results for S&P500-index option data over the period 2005 to 2009. Discretely Sampled Variance Options: A Stochastic Approximation Approach In this paper, we expand Drimus and Farkas (2012) framework to price variance options on discretely sampled...

Proceedings of the Management options information seminar

International Nuclear Information System (INIS)

2002-01-01

This seminar was held in order to provide an opportunity to participants to broaden their knowledge concerning the numerous management options that are available when dealing with emissions generated by the electric power sector. It also represented an opportunity to gather information with regard to a host of different options to support the Electricity Project Team. The presentations centred on topics such as assessment, design and development of management options for the emissions of the electric power industry in Alberta. The legal, economic, social and environmental aspects were considered by the speakers for the options, and the perspectives included experience gained from hands on projects and initiatives. The reasons underlying the selection of options were revealed and lessons learned examined. Of the 14 presentations and the closing remarks speech, two presentations were included in this database. refs., tabs., figs

Options theory and strategic investment decisions

International Nuclear Information System (INIS)

Mann, D.; Goobie, G.; MacMillan, L.

1992-01-01

The possible use of options pricing theory for evaluating long-term capital investments is discussed. Using the Black and Scholes option pricing model, five variables were evaluated for a hypothetical oil sands project. These variables are: stock price as determined by the earning power of the company; exercise price which equals the investment cost of the project; price standard deviation which is assumed to be 50%; the length of time for which the company will maintain its option to invest in the project, and finally the risk free rate which is approximately equal to the yield in long term government securities. A sensitivity analysis on these variables can provide management with information on how best to influence the option value. A more in-depth analysis could provide valuable information about strategic choice for large projects. 5 refs., 3 figs

A Comparison of Retrievability: Celect versus Option Filter.

Science.gov (United States)

Ryu, Robert K; Desai, Kush; Karp, Jennifer; Gupta, Ramona; Evans, Alan Emerson; Rajeswaran, Shankar; Salem, Riad; Lewandowski, Robert J

2015-06-01

To compare the retrievability of 2 potentially retrievable inferior vena cava filter devices. A retrospective, institutional review board-approved study of Celect (Cook, Inc, Bloomington, Indiana) and Option (Rex Medical, Conshohocken, Pennsylvania) filters was conducted over a 33-month period at a single institution. Fluoroscopy time, significant filter tilt, use of adjunctive retrieval technique, and strut perforation in the inferior vena cava were recorded on retrieval. Fisher exact test and Mann-Whitney-Wilcoxon test were used for comparison. There were 99 Celect and 86 Option filters deployed. After an average of 2.09 months (range, 0.3-7.6 mo) and 1.94 months (range, 0.47-9.13 mo), respectively, 59% (n = 58) of patients with Celect filters and 74.7% (n = 65) of patients with Option filters presented for filter retrieval. Retrieval failure rates were 3.4% for Celect filters versus 7.7% for Option filters (P = .45). Median fluoroscopy retrieval times were 4.25 minutes for Celect filters versus 6 minutes for Option filters (P = .006). Adjunctive retrieval techniques were used in 5.4% of Celect filter retrievals versus 18.3% of Option filter retrievals (P = .045). The incidence of significant tilting was 8.9% for Celect filters versus 16.7% for Option filters (P = .27). The incidence of strut perforation was 43% for Celect filters versus 0% for Option filters (P Option filters were not significantly different. However, retrieval of the Option filter required a significantly increased amount of fluoroscopy time compared with the Celect filter, and there was a significantly greater usage of adjunctive retrieval techniques for the Option filter. The Celect filter had a significantly higher rate of strut perforation. Copyright © 2015 SIR. Published by Elsevier Inc. All rights reserved.

Cross-sectoral assessment of mitigation options

DEFF Research Database (Denmark)

Halsnæs, K.

1997-01-01

similarly been assessed in the country study for Zimbabwe, The options include in particular efficiency improvements in industrial plants and in the energy sector, A new methodological issue in the country study for Zimbabwe is the comparable assessment of greenhouse gas reductions options for multiple...... emission sources and gases. The paper reports the result of the integrated assessment of CO2 and CH4 reduction options for energy, agriculture, forestry and waste management for Zimbabwe, This leads up to a final discussion on methodological issues involved in cross-sectoral mitigation assessment. (C) 1997...

The Factor Structure in Equity Options

DEFF Research Database (Denmark)

Christoffersen, Peter; Fournier, Mathieu; Jacobs, Kris

Equity options display a strong factor structure. The first principal components of the equity volatility levels, skews, and term structures explain a substantial fraction of the cross-sectional variation. Furthermore, these principal components are highly correlated with the S&P500 index option...... volatility, skew, and term structure respectively. We develop an equity option valuation model that captures this factor structure. The model predicts that firms with higher market betas have higher implied volatilities, steeper moneyness slopes, and a term structure that co-varies more with the market...

Equity Options During the Shorting Ban of 2008

Directory of Open Access Journals (Sweden)

Nusret Cakici

2018-03-01

Full Text Available The Securities and Exchange Commission’s 2008 emergency order introduced a shorting ban of some 800 financials traded in the US. This paper provides an empirical analysis of the options market around the ban period. Using transaction level data from OPRA (The Options Price Reporting Authority, we study the options volume, spreads, pricing measures and option trade volume informativeness during the ban. We also consider the put–call parity relationship. While mostly statistically significant, economic magnitudes of our results suggest that the impact of the ban on the equity options market was likely not as dramatic as initially thought.

Treatment Options by Stage (Small Cell Lung Cancer)

Science.gov (United States)

... factors affect prognosis (chance of recovery) and treatment options. The prognosis (chance of recovery ) and treatment options ... or in other parts of the body. Treatment Option Overview Key Points There are different types of ...

New options for purchasing electricity

International Nuclear Information System (INIS)

2003-10-01

This guide is intended for small to medium commercial customers in Alberta and explains new options for purchasing electricity. Small to medium customers include corner stores, community centres, schools, small office buildings, and light industrial businesses. In the 1990s, private power producers in Alberta built 3,000 megawatts of new generation, adding 30 per cent more supply to the power grid in the province. Prices in the deregulated electricity market have fluctuated with natural gas prices, changing weather and changing power demands. The competitive electricity market was opened on January 1, 2001 in Alberta, offering consumers purchasing choices such as green power, multi-year contracts, or electricity rates under the Regulated Rate Option (RRO). The RRO was a transition mechanism that will end by December 31, 2003 at which time, small to medium commercial customers will have the option to shop around for competitive electricity contracts that provide a fixed price of power over time, or they can opt to stay with their current supplier and receive a regulated flow-through of market prices. Under the flow-through option, risk of future deferral charges is reduced, but electricity prices will probably change between billing periods. 1 fig

Circles of quality in radiological safety

International Nuclear Information System (INIS)

Gonzalez F, J.A.

1991-01-01

The concept of Circles of quality arose in Japan like an option to capitalize the enormous potential that the workers had developed as a result of its training in the statistical tools of quality. There are presented a series of steps that could be given with the purpose of implementing a program of ALARA circles. The radiological safety is in it finishes instance responsibility of each hard-working one and there won't be a protection program that can work among apathetic people, it is in this sense where the ALARA circles can provide its maximum contribution creating a conscience of responsibility and participation

On the Measures to Strengthen the Global Nuclear Safety Regime

International Nuclear Information System (INIS)

Hussein, A.Z.

2008-01-01

The fundamental safety objective to protect people and the environment from harmful effects of ionizing radiation applies to all circumstances that give rise to radiation risks. The intent and purpose of safety principles are to be applicable throughout the entire lifetime of all facilities and activities - existing and new utilized for peaceful purposes, and to protective actions to reduce radiation risks. Now as the nuclear option is being revisited in many places, a variety of stake holders will seek participation in such decisions. Nuclear and radiological accidents occurred wide world have served to arouse public concern. The development of here-and-now media capabilities have created an awareness that may not have previously existed. Improvement in educational systems and the development of the internet have made technical information and expertise available to individuals and locations that were previously without them. The core of the Global Nuclear Safety Regime (INSAG Series No.21) for nuclear installations are the activities undertaken by each state to ensure the safety and security of the nuclear installations within its jurisdiction. National efforts can be strengthened by: intergovernmental organizations, multinational networks among operators, multinational networks among regulators, multinational networks among scientists, the international nuclear industry, and the stake holders (public, news media, NGO's) that are engaged in Nuclear Safety. All of these efforts should be harnessed to enhance the achievement of safety

Safety approach and R and D program for future french sodium-cooled fast reactors

International Nuclear Information System (INIS)

Beils, Stephane; Carluec, Bernard; Devictor, Nicolas; Fiorini, Gian Luigi; Sauvage, Jean Francois

2011-01-01

This paper presents briefly the safety approach as well as the R and D program that is underway to support the deployment of future French Sodium-Cooled fast Reactors (SFRs): A) Safety objectives and principles for future reactors. The content of the first section reflects the works of AREVA, CEA, and EDF concerning the safety orientations for the future reactors. The availability of such orientations and requirements for the SFRs has to allow introducing and managing the process that will lead to the detailed definition of the safety approach, to the selection of the corresponding safety options, and to the identification and motivation of the supporting R and D. B) Strategy and roadmap in support of the R and D for future SFRs. This section describes the R and D program led jointly by CEA, EDF, and AREVA, which has been developed with the objectives to be able to preliminarily define, by 2012, the safety orientations for the future SFRs, and to deduce from them the characteristics of the ASTRID prototype. (author)

Ozone-augmented percutaneous discectomy: a novel treatment option for refractory discogenic sciatica.

Science.gov (United States)

Crockett, M T; Moynagh, M; Long, N; Kilcoyne, A; Dicker, P; Synnott, K; Eustace, S J

2014-12-01

To assess the short and medium-term efficacy and safety of a novel, minimally invasive therapeutic option combining automated percutaneous lumbar discectomy, intradiscal ozone injection, and caudal epidural: ozone-augmented percutaneous discectomy (OPLD). One hundred and forty-seven patients with a clinical and radiological diagnosis of discogenic sciatica who were refractory to initial therapy were included. Fifty patients underwent OPLD whilst 97 underwent a further caudal epidural. Outcomes were evaluated using McNab's score, improvement in visual analogue score (VAS) pain score, and requirement for further intervention. Follow-up occurred at 1 and 6 months, and comparison was made between groups. OPLD achieved successful outcomes in almost three-quarters of patients in the short and medium term. OPLD achieved superior outcomes at 1 and 6 months compared to caudal epidural. There was a reduced requirement for further intervention in the OPLD group. No significant complications occurred in either group. OPLD is a safe and effective treatment for patients with refractory discogenic sciatica in the short and medium term. OPLD has the potential to offer an alternative second-line minimally invasive treatment option that could reduce the requirement for surgery in this patient cohort. Copyright © 2014 The Royal College of Radiologists. Published by Elsevier Ltd. All rights reserved.

Holes in the US nuclear safety net

International Nuclear Information System (INIS)

Utroska, D.

1987-01-01

Contrary to popular perception, the NRC has neither the authority nor the resources to comprehensively regulate the authority nor the resources to comprehensively regulate the nuclear power industry: it cannot check and monitor every nuclear plant in detail to assure reasonable reactor safety. This is widely understood within the power industry. After the Three Mile Island accident, the nuclear industry formed a group called the Institute of Nuclear Power Operations (INPO), based in Atlanta, Georgia. Its self-proclaimed mandate is to pick up the safety initiative where NRC regulations and reviews leave off; to make sure that each nuclear plant in the United States goes beyond compliance with minimum regulations and achieves excellence in safe and efficient performance. INPO's 1986 budget was $44 million, paid to the institute by electricity ratepayers via the nuclear utilities. Among other things, the money funds INPO's development of nuclear plant operating criteria and pays for plant inspections to determine if the standards are being met. INPO has deliberately maintained a low profile. INPO does not become involved in public or media activities on behalf of the industry or in the role of promoting the nuclear power option, the organization's formal institutional plan declares. A key aspect of INPO's public noninvolvement is keeping to itself and its members the results of its nuclear plant safety evaluations. Although consumers fund INPO activities and have a stake in nuclear plant safety, the press and the public are denied access to INPO safety investigation reports. 8 references

Shungnak Energy Configuration Options.

Energy Technology Data Exchange (ETDEWEB)

Rosewater, David Martin [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States); Eddy, John P. [Sandia National Lab. (SNL-NM), Albuquerque, NM (United States)

2017-10-01

Power systems in rural Alaska villages face a unique combination of challenges that can increase the cost of energy and lowers energy supply reliability. In the case of the remote village of Shungnak, diesel and heating fuel is either shipped in by barge or flown in by aircraft. This report presents a technical analysis of several energy infrastructure upgrade and modification options to reduce the amount of fuel consumed by the community of Shungnak. Reducing fuel usage saves money and makes the village more resilient to disruptions in fuel supply. The analysis considers demand side options, such as energy efficiency, alongside the installation of wind and solar power generation options. Some novel approaches are also considered including battery energy storage and the use of electrical home heating stoves powered by renewable generation that would otherwise be spilled and wasted. This report concludes with specific recommendations for Shungnak based on economic factors, and fuel price sensitivity. General conclusions are also included to support future work analyzing similar energy challenges in remote arctic regions.

The safeguards options study

Energy Technology Data Exchange (ETDEWEB)

Hakkila, E.A.; Mullen, M.F.; Olinger, C.T.; Stanbro, W.D. [Los Alamos National Lab., NM (United States); Olsen, A.P.; Roche, C.T.; Rudolph, R.R. [Argonne National Lab., IL (United States); Bieber, A.M.; Lemley, J. [Brookhaven National Lab., Upton, NY (United States); Filby, E. [Idaho National Engineering Lab., Idaho Falls, ID (United States)] [and others

1995-04-01

The Safeguards Options Study was initiated to aid the International Safeguards Division (ISD) of the DOE Office of Arms Control and Nonproliferation in developing its programs in enhanced international safeguards. The goal was to provide a technical basis for the ISD program in this area. The Safeguards Options Study has been a cooperative effort among ten organizations. These are Argonne National Laboratory, Brookhaven National Laboratory, Idaho National Engineering Laboratory, Lawrence Livermore National Laboratory, Los Alamos National Laboratory, Mound Laboratory, Oak Ridge National Laboratory, Pacific Northwest Laboratories, Sandia National Laboratories, and Special Technologies Laboratory. Much of the Motivation for the Safeguards Options Study is the recognition after the Iraq experience that there are deficiencies in the present approach to international safeguards. While under International Atomic Energy Agency (IAEA) safeguards at their declared facilities, Iraq was able to develop a significant weapons program without being noticed. This is because negotiated safeguards only applied at declared sites. Even so, their nuclear weapons program clearly conflicted with Iraq`s obligations under the Nuclear Nonproliferation Treaty (NPT) as a nonnuclear weapon state.

The safeguards options study

International Nuclear Information System (INIS)

Hakkila, E.A.; Mullen, M.F.; Olinger, C.T.; Stanbro, W.D.; Olsen, A.P.; Roche, C.T.; Rudolph, R.R.; Bieber, A.M.; Lemley, J.; Filby, E.

1995-04-01

The Safeguards Options Study was initiated to aid the International Safeguards Division (ISD) of the DOE Office of Arms Control and Nonproliferation in developing its programs in enhanced international safeguards. The goal was to provide a technical basis for the ISD program in this area. The Safeguards Options Study has been a cooperative effort among ten organizations. These are Argonne National Laboratory, Brookhaven National Laboratory, Idaho National Engineering Laboratory, Lawrence Livermore National Laboratory, Los Alamos National Laboratory, Mound Laboratory, Oak Ridge National Laboratory, Pacific Northwest Laboratories, Sandia National Laboratories, and Special Technologies Laboratory. Much of the Motivation for the Safeguards Options Study is the recognition after the Iraq experience that there are deficiencies in the present approach to international safeguards. While under International Atomic Energy Agency (IAEA) safeguards at their declared facilities, Iraq was able to develop a significant weapons program without being noticed. This is because negotiated safeguards only applied at declared sites. Even so, their nuclear weapons program clearly conflicted with Iraq's obligations under the Nuclear Nonproliferation Treaty (NPT) as a nonnuclear weapon state

Safety characteristics of the monolithic CFC divertor

International Nuclear Information System (INIS)

Zucchetti, M.; Merola, M.; Matera, R.

1994-01-01

The main distinguishing feature of the monolithic CFC divertor is the use of a single material, a carbon fibre reinforced carbon, for the protective armour, the heat sink and the cooling channels. This removes joint interface problems which are one of the most important concerns related to the reference solutions of the ITER CDA divertor. An activation analysis of the different coolant options for this concept is presented. It turns out that neither short-term nor long-term activation are a concern for any coolants investigated. Therefore the proposed concept proves to be attractive from a safety stand-point also. ((orig.))

Safety characteristics of the monolithic CFC divertor

Science.gov (United States)

Zucchetti, M.; Merola, M.; Matera, R.

1994-09-01

The main distinguishing feature of the monolithic CFC divertor is the use of a single material, a carbon fibre reinforced carbon, for the protective armour, the heat sink and the cooling channels. This removes joint interface problems which are one of the most important concerns related to the reference solutions of the ITER CDA divertor. An activation analysis of the different coolant options for this concept is presented. It turns out that neither short-term nor long-term activation are a concern for any coolants investigated. Therefore the proposed concept proves to be attractive from a safety stand-point also.

Deliberating emission reduction options

Energy Technology Data Exchange (ETDEWEB)

Dowd, A.M.; Rodriguez, M.; Jeanneret, T. [Commonwealth Scientific and Industrial Research Organisation CSIRO, 37 Graham Rd, Highett VIC 3190 (Australia); De Best-Waldhober, M.; Straver, K.; Mastop, J.; Paukovic, M. [Energy research Centre of the Netherlands ECN, Policy Studies, Amsterdam (Netherlands)

2012-06-15

For more than 20 years there has been a concerted international effort toward addressing climate change. International conventions, such as the United Nations Foreign Convention on Climate Change (UNFCCC; ratified in 1994), have been established by committed nations seeking to address global climate change through the reduction of greenhouse gases emitted into the Earth's atmosphere (Global CCS Institute, 2011). Long recognised as the most crucial of the greenhouse gases to impact global warming, the majority of carbon dioxide's anthropogenic global emissions are directly related to fuel combustion of which both Australia and the Netherlands' energy production is significantly reliant. Both these nations will need to consider many opinions and make hard decisions if alternative energy options are to be implemented at the scale that is required to meet international emission targets. The decisions that are required not only need to consider the many options available but also their consequences. Along with politicians, policy developers and industry, the general public also need to be active participants in deciding which energy options, and their subsequent consequences, are acceptable for implementation at the national level. Access to balanced and factual information is essential in establishing informed opinions on the many policy options available. Past research has used several methods to measure public perceptions and opinions yet for complex issues, such as emission reduction, some of these methods have shown to be problematic. For example, semi structured interviews can provide data that is flexible and context rich yet is does also come with the limitations such as it seldom provides a practical assessment that can be utilised from researcher to researcher, across disciplines and public participation techniques. Surveys on the other hand usually address these limitations but surveys that do not encourage comparison of information or ask

Deliberating emission reduction options

Energy Technology Data Exchange (ETDEWEB)

Dowd, A. M.; Rodriguez, M.; Jeanneret, T. [Commonwealth Scientific and Industrial Research Organisation CSIRO, 37 Graham Rd, Highett VIC 3190 (Australia); De Best-Waldhober, M.; Straver, K.; Mastop, J.; Paukovic, M. [Energy research Centre of the Netherlands ECN, Policy Studies, Amsterdam (Netherlands)

2012-06-15

For more than 20 years there has been a concerted international effort toward addressing climate change. International conventions, such as the United Nations Foreign Convention on Climate Change (UNFCCC; ratified in 1994), have been established by committed nations seeking to address global climate change through the reduction of greenhouse gases emitted into the Earth's atmosphere (Global CCS Institute, 2011). Long recognised as the most crucial of the greenhouse gases to impact global warming, the majority of carbon dioxide's anthropogenic global emissions are directly related to fuel combustion of which both Australia and the Netherlands' energy production is significantly reliant. Both these nations will need to consider many opinions and make hard decisions if alternative energy options are to be implemented at the scale that is required to meet international emission targets. The decisions that are required not only need to consider the many options available but also their consequences. Along with politicians, policy developers and industry, the general public also need to be active participants in deciding which energy options, and their subsequent consequences, are acceptable for implementation at the national level. Access to balanced and factual information is essential in establishing informed opinions on the many policy options available. Past research has used several methods to measure public perceptions and opinions yet for complex issues, such as emission reduction, some of these methods have shown to be problematic. For example, semi structured interviews can provide data that is flexible and context rich yet is does also come with the limitations such as it seldom provides a practical assessment that can be utilised from researcher to researcher, across disciplines and public participation techniques. Surveys on the other hand usually address these limitations but surveys that do not encourage comparison of information or ask participants to

Designing Pareto-superior demand-response rate options

International Nuclear Information System (INIS)

Horowitz, I.; Woo, C.K.

2006-01-01

We explore three voluntary service options-real-time pricing, time-of-use pricing, and curtailable/interruptible service-that a local distribution company might offer its customers in order to encourage them to alter their electricity usage in response to changes in the electricity-spot-market price. These options are simple and practical, and make minimal information demands. We show that each of the options is Pareto-superior ex ante, in that it benefits both the participants and the company offering it, while not affecting the non-participants. The options are shown to be Pareto-superior ex post as well, except under certain exceptional circumstances. (author)

Multifractal analysis of implied volatility in index options

Science.gov (United States)

Oh, GabJin

2014-06-01

In this paper, we analyze the statistical and the non-linear properties of the log-variations in implied volatility for the CAC40, DAX and S& P500 daily index options. The price of an index option is generally represented by its implied volatility surface, including its smile and skew properties. We utilize a Lévy process model as the underlying asset to deepen our understanding of the intrinsic property of the implied volatility in the index options and estimate the implied volatility surface. We find that the options pricing models with the exponential Lévy model can reproduce the smile or sneer features of the implied volatility that are observed in real options markets. We study the variation in the implied volatility for at-the-money index call and put options, and we find that the distribution function follows a power-law distribution with an exponent of 3.5 ≤ γ ≤ 4.5. Especially, the variation in the implied volatility exhibits multifractal spectral characteristics, and the global financial crisis has influenced the complexity of the option markets.

Short-Term Market Risks Implied by Weekly Options

DEFF Research Database (Denmark)

Andersen, Torben Gustav; Fusari, Nicola; Todorov, Viktor

a direct way to study volatility and jump risks. Unlike longer-dated options, they are largely insensitive to the risk of intertemporal shifts in the economic environment. Adopting a novel semi-nonparametric approach, we uncover variation in the negative jump tail risk which is not spanned by market......We study short-term market risks implied by weekly S&P 500 index options. The introduction of weekly options has dramatically shifted the maturity profile of traded options over the last five years, with a substantial proportion now having expiry within one week. Such short-dated options provide......" by the level of market volatility and elude standard asset pricing models....

Cyber Safety and Security for Reduced Crew Operations (RCO)

Science.gov (United States)

Driscoll, Kevin

2017-01-01

NASA and the Aviation Industry is looking into reduced crew operations (RCO) that would cut today's required two-person flight crews down to a single pilot with support from ground-based crews. Shared responsibility across air and ground personnel will require highly reliable and secure data communication and supporting automation, which will be safety-critical for passenger and cargo aircraft. This paper looks at the different types and degrees of authority delegation given from the air to the ground and the ramifications of each, including the safety and security hazards introduced, the mitigation mechanisms for these hazards, and other demands on an RCO system architecture which would be highly invasive into (almost) all safety-critical avionics. The adjacent fields of unmanned aerial systems and autonomous ground vehicles are viewed to find problems that RCO may face and related aviation accident scenarios are described. The paper explores possible data communication architectures to meet stringent performance and information security (INFOSEC) requirements of RCO. Subsequently, potential challenges for RCO data communication authentication, encryption and non-repudiation are identified. The approach includes a comprehensive safety-hazard analysis of the RCO system to determine top level INFOSEC requirements for RCO and proposes an option for effective RCO implementation. This paper concludes with questioning the economic viability of RCO in light of the expense of overcoming the operational safety and security hazards it would introduce.

Material and geometry options and performance characteristics for a test reactor

International Nuclear Information System (INIS)

Jahshan, S.N.; Fletcher, C.D.; Terry, W.K.

1993-01-01

For the past 3 yr, an Idaho National Engineering Laboratory (INEL) design team has studied design options for a new test reactor to provide continued testing services after several aging test reactors in the United States are decommissioned. This new reactor, the Broad Application Test Reactor (BATR), would also fill other currently unmet needs, such as medical isotope production and space reactor component testing. Consideration of user needs, safety requirements, developmental uncertainties, and other factors led to the selection of an evolutionary design with plate fuel and several independently cooled test loops. The fuel would be cooled by light water, but most neutron moderation would come from heavy water or beryllium. The BATR design was tentatively scaled to the Advanced Test Reactor (ATR), an existing reactor at INEL: The power output of BATR is 250 MW(thermal), and the active core heights is 1 m. For safety in loss-of-flow events, the coolant flows upward through the core. The BATR design has one large test loop (with a test space diameter of 15.0 cm) along the central axis of the core and six smaller test loops (with test space diameters of 8.0 cm) centered at 6-deg azimuthal intervals on a 24.71-cm-diam circle around the central core axis

Fuel and Core Design Options to Overcome the Heavy Metal Loading Limit and Improve Performance and Safety of Liquid Salt Cooled Reactors

Energy Technology Data Exchange (ETDEWEB)

Petrovic, Bojan [Georgia Inst. of Technology, Atlanta, GA (United States); Maldonado, Ivan [Univ. of Tennessee, Knoxville, TN (United States)

2016-04-14

The research performed in this project addressed the issue of low heavy metal loading and the resulting reduced cycle length with increased refueling frequency, inherent to all FHR designs with solid, non-movable fuel based on TRISO particles. Studies performed here focused on AHTR type of reactor design with plate (“plank”) fuel. Proposal to FY12 NEUP entitled “Fuel and Core Design Options to Overcome the Heavy Metal Loading Limit and Improve Performance and Safety of Liquid Salt Cooled Reactors” was selected for award, and the 3-year project started in August 2012. A 4-month NCE was granted and the project completed on December 31, 2015. The project was performed by Georgia Tech (Prof. Bojan Petrovic, PI) and University of Tennessee (Prof. Ivan Maldonado, Co-PI), with a total funding of $758,000 over 3 years. In addition to two Co-PIs, the project directly engaged 6 graduate students (at doctoral or MS level) and 2 postdoctoral researchers. Additionally, through senior design projects and graduate advanced design projects, another 23 undergraduate and 12 graduate students were exposed to and trained in the salt reactor technology. We see this as one of the important indicators of the project’s success and effectiveness. In the process, 1 journal article was published (with 3 journal articles in preparation), together with 8 peer-reviewed full conference papers, 8 peer-reviewed extended abstracts, as well as 1 doctoral dissertation and 2 master theses. The work included both development of models and methodologies needed to adequately analyze this type of reactor, fuel, and its fuel cycle, as well as extensive analyses and optimization of the fuel and core design.

Fuel and Core Design Options to Overcome the Heavy Metal Loading Limit and Improve Performance and Safety of Liquid Salt Cooled Reactors

International Nuclear Information System (INIS)

Petrovic, Bojan; Maldonado, Ivan

2016-01-01

The research performed in this project addressed the issue of low heavy metal loading and the resulting reduced cycle length with increased refueling frequency, inherent to all FHR designs with solid, non-movable fuel based on TRISO particles. Studies performed here focused on AHTR type of reactor design with plate ('plank') fuel. Proposal to FY12 NEUP entitled 'Fuel and Core Design Options to Overcome the Heavy Metal Loading Limit and Improve Performance and Safety of Liquid Salt Cooled Reactors' was selected for award, and the 3-year project started in August 2012. A 4-month NCE was granted and the project completed on December 31, 2015. The project was performed by Georgia Tech (Prof. Bojan Petrovic, PI) and University of Tennessee (Prof. Ivan Maldonado, Co-PI), with a total funding of $758,000 over 3 years. In addition to two Co-PIs, the project directly engaged 6 graduate students (at doctoral or MS level) and 2 postdoctoral researchers. Additionally, through senior design projects and graduate advanced design projects, another 23 undergraduate and 12 graduate students were exposed to and trained in the salt reactor technology. We see this as one of the important indicators of the project's success and effectiveness. In the process, 1 journal article was published (with 3 journal articles in preparation), together with 8 peer-reviewed full conference papers, 8 peer-reviewed extended abstracts, as well as 1 doctoral dissertation and 2 master theses. The work included both development of models and methodologies needed to adequately analyze this type of reactor, fuel, and its fuel cycle, as well as extensive analyses and optimization of the fuel and core design.

Option generation in decision making: ideation beyond memory retrieval.

Science.gov (United States)

Del Missier, Fabio; Visentini, Mimì; Mäntylä, Timo

2014-01-01

According to prescriptive decision theories, the generation of options for choice is a central aspect of decision making. A too narrow representation of the problem may indeed limit the opportunity to evaluate promising options. However, despite the theoretical and applied significance of this topic, the cognitive processes underlying option generation are still unclear. In particular, while a cued recall account of option generation emphasizes the role of memory and executive control, other theoretical proposals stress the importance of ideation processes based on various search and thinking processes. Unfortunately, relevant behavioral evidence on the cognitive processes underlying option generation is scattered and inconclusive. In order to reach a better understanding, we carried out an individual-differences study employing a wide array of cognitive predictors, including measures of episodic memory, semantic memory, cognitive control, and ideation fluency. The criterion tasks consisted of three different poorly-structured decision-making scenarios, and the participants were asked to generate options to solve these problems. The main criterion variable of the study was the number of valid options generated, but also the diversity and the quality of generated options were examined. The results showed that option generation fluency and diversity in the context of ill-structured decision making are supported by ideation ability even after taking into account the effects of individual differences in several other aspects of cognitive functioning. Thus, ideation processes, possibly supported by search and thinking processes, seem to contribute to option generation beyond basic associative memory retrieval. The findings of the study also indicate that generating more options may have multifaceted consequences for choice, increasing the quality of the best option generated but decreasing the mean quality of the options in the generated set.

Option generation in decision making: Ideation beyond memory retrieval

Directory of Open Access Journals (Sweden)

Fabio eDel Missier

2015-01-01

Full Text Available According to prescriptive decision theories, the generation of options for choice is a central aspect of decision making. A too narrow representation of the problem may indeed limit the opportunity to evaluate promising options. However, despite the theoretical and applied significance of this topic, the cognitive processes underlying option generation are still unclear. In particular, while a cued recall account of option generation emphasizes the role of memory and executive control, other theoretical proposals stress the importance of ideation processes based on various search and thinking processes. Unfortunately, relevant behavioral evidence on the cognitive processes underlying option generation is scattered and inconclusive. In order to reach a better understanding, we carried out an individual-differences study employing a wide array of cognitive predictors, including measures of episodic memory, semantic memory, cognitive control, and ideation fluency. The criterion tasks consisted of three different poorly-structured decision-making scenarios, and the participants were asked to generate options to solve these problems. The main criterion variable of the study was the number of valid options generated, but also the diversity and the quality of generated options were examined. The results showed that option generation fluency and diversity in the context of ill-structured decision making are supported by ideation ability even after taking into account the effects of individual differences in several other aspects of cognitive functioning. Thus, ideation processes, possibly supported by search and thinking processes, seem to contribute to option generation beyond basic associative memory retrieval. The findings of the study also indicate that generating more options may have multifaceted consequences for choice, increasing the quality of the best option generated but decreasing the mean quality of the options in the generated set.

Space station data system analysis/architecture study. Task 2: Options development, DR-5. Volume 2: Design options

Science.gov (United States)

1985-01-01

The primary objective of Task 2 is the development of an information base that will support the conduct of trade studies and provide sufficient data to make key design/programmatic decisions. This includes: (1) the establishment of option categories that are most likely to influence Space Station Data System (SSDS) definition; (2) the identification of preferred options in each category; and (3) the characterization of these options with respect to performance attributes, constraints, cost and risk. This volume contains the options development for the design category. This category comprises alternative structures, configurations and techniques that can be used to develop designs that are responsive to the SSDS requirements. The specific areas discussed are software, including data base management and distributed operating systems; system architecture, including fault tolerance and system growth/automation/autonomy and system interfaces; time management; and system security/privacy. Also discussed are space communications and local area networking.

Numeraire-invariant option pricing and american, bermudan, trigger stream rollover

NARCIS (Netherlands)

Jamshidian, F.

2004-01-01

Part I proposes a numeraire-invariant option pricing framework. It defines an option, its price process, and such notions as option indistinguishability and equivalence, domination, payoff process, trigger option, and semipositive option. It develops some of their basic properties, including price

Propulsive options for a manned Mars transportation system

International Nuclear Information System (INIS)

Braun, R.D.; Blersch, D.J.

1989-01-01

In this investigation, five potential manned Mars transportation systems are compared. These options include: (1) a single vehicle, chemically propelled (CHEM) option, (2) a single vehicle, nuclear thermal propulsion (NTP) option, (3) a single vehicle solar electric propulsion (SEP) option, (4) a single vehicle hybrid nuclear electric propulsion (NEP)/CHEM option, and (5) a dual vehicle option (NEP cargo spacecraft and CHEM manned vehicle). In addition to utilizing the initial vehicle weight in low-earth orbit as a measure of mission feasibility, this study addresses the major technological barriers each propulsive scenario must surpass. It is shown that instead of a single clearly superior propulsion system, each means of propulsion may be favored depending upon the specified program policy and the extent of the desired manned flight time. Furthermore, the effect which aerobraking and multiple transfer cycles have upon mission feasibility is considered. 18 refs

42 CFR 408.65 - Payment options.

Science.gov (United States)

2010-10-01

... 42 Public Health 2 2010-10-01 2010-10-01 false Payment options. 408.65 Section 408.65 Public Health CENTERS FOR MEDICARE & MEDICAID SERVICES, DEPARTMENT OF HEALTH AND HUMAN SERVICES MEDICARE PROGRAM PREMIUMS FOR SUPPLEMENTARY MEDICAL INSURANCE Direct Remittance: Individual Payment § 408.65 Payment options...

23 CFR 500.104 - State option.

Science.gov (United States)

2010-04-01

... 23 Highways 1 2010-04-01 2010-04-01 false State option. 500.104 Section 500.104 Highways FEDERAL HIGHWAY ADMINISTRATION, DEPARTMENT OF TRANSPORTATION TRANSPORTATION INFRASTRUCTURE MANAGEMENT MANAGEMENT AND MONITORING SYSTEMS Management Systems § 500.104 State option. Except as specified in § 500.105 (a...

Marketing Expansive Strategies of Scotch Whisky in China Market: A Challenger's perspective

OpenAIRE

Wang, Wenchuang

2005-01-01

"Love makes the world go round? Not at all. Whisky makes it go round twice as fast!" Compton Mackenzie wrote in the book - " Whisky Galore". Being famously called the "water of life", Scotch whisky has been the world's leading spirit drink and outsells every other noble spirit in world markets. Compared with the success in Europe, South Korea and Japan, Scotch whisky in China market is still very much in its infancy. But the world's largest market clearly provides huge potential, especi...

From Malthus to Modern Growth: Can Epidemics Explain the Three Regimes?

OpenAIRE

Lagerlöf, Nils-Petter

2001-01-01

These are the stylized facts of long-run economic and demographic development, as described by Galor and Weil (AER 1999, 2000): Under an initial Malthusian Regime the growth rates of population and per-capita income are both low. Then follows a Post-Malthusian Regime, with higher growth rates of both population and per-capita income. Finally, the economy transits into a Modern Growth Regime, with falling population growth rates, but accelerated growth rates of per-capita inocme. This paper mo...

Mathematical investigation of one-way transform matrix options

International Nuclear Information System (INIS)

Cooper, James Arlin

2006-01-01

One-way transforms have been used in weapon systems processors since the mid- to late-1970s in order to help recognize insertion of correct pre-arm information while maintaining abnormal-environment safety. Level-One, Level-Two, and Level-Three transforms have been designed. The Level-One and Level-Two transforms have been implemented in weapon systems, and both of these transforms are equivalent to matrix multiplication applied to the inserted information. The Level-Two transform, utilizing a 6 x 6 matrix, provided the basis for the ''System 2'' interface definition for Unique-Signal digital communication between aircraft and attached weapons. The investigation described in this report was carried out to find out if there were other size matrices that would be equivalent to the 6 x 6 Level-Two matrix. One reason for the investigation was to find out whether or not other dimensions were possible, and if so, to derive implementation options. Another important reason was to more fully explore the potential for inadvertent inversion. The results were that additional implementation methods were discovered, but no inversion weaknesses were revealed

Comparison of AIHA ISO 9001-based occupational health and safety management system guidance document with a manufacturer's occupational health and safety assessment instrument.

Science.gov (United States)

Dyjack, D T; Levine, S P; Holtshouser, J L; Schork, M A

1998-06-01

Numerous manufacturing and service organizations have integrated or are considering integration of their respective occupational health and safety management and audit systems into the International Organization for Standardization-based (ISO) audit-driven Quality Management Systems (ISO 9000) or Environmental Management Systems (ISO 14000) models. Companies considering one of these options will likely need to identify and evaluate several key factors before embarking on such efforts. The purpose of this article is to identify and address the key factors through a case study approach. Qualitative and quantitative comparisons of the key features of the American Industrial Hygiene Association ISO-9001 harmonized Occupational Health and Safety Management System with The Goodyear Tire & Rubber Co. management and audit system were conducted. The comparisons showed that the two management systems and their respective audit protocols, although structured differently, were not substantially statistically dissimilar in content. The authors recommend that future studies continue to evaluate the advantages and disadvantages of various audit protocols. Ideally, these studies would identify those audit outcome measures that can be reliably correlated with health and safety performance.

Default options and neonatal resuscitation decisions.

Science.gov (United States)

Haward, Marlyse Frieda; Murphy, Ryan O; Lorenz, John M

2012-12-01

To determine whether presenting delivery room management options as defaults influences decisions to resuscitate extremely premature infants. Adult volunteers recruited from the world wide web were randomised to receive either resuscitation or comfort care as the delivery room management default option for a hypothetical delivery of a 23-week gestation infant. Participants were required to check a box to opt out of the default. The primary outcome measure was the proportion of respondents electing resuscitation. Data were analysed using χ(2) tests and multivariate logistic regression. Participants who were told the delivery room management default option was resuscitation were more likely to opt for resuscitation (OR 6.54 95% CI 3.85 to 11.11, pmanipulation. Further, this effect may operate in ways that a decision maker is not aware of and this raises questions of patient autonomy. Presenting delivery room options for extremely premature infants as defaults may compromise autonomous decision-making.

Safety and Security Interface Technology Initiative