WorldWideScience

Sample records for modelled deltar values

  1. {Delta}r in the Two-Higgs-Doublet Model at full one loop level - and beyond

    Energy Technology Data Exchange (ETDEWEB)

    Lopez-Val, David [Universitaet Heidelberg, Institut fuer Theoretische Physik, Heidelberg (Germany); Sola, Joan [Universitat de Barcelona, Dept. Estructura i Constituents de la Materia, Barcelona, Catalonia (Spain); Institut de Ciencies del Cosmos, Barcelona, Catalonia (Spain)

    2013-04-15

    After the recent discovery of a Higgs-like boson particle at the CERN LHC-collider, it becomes more necessary than ever to prepare ourselves for identifying its standard or non-standard nature. The fundamental parameter {Delta}r, relating the values of the electroweak gauge boson masses and the Fermi constant, is the traditional observable encoding high precision information of the quantum effects. In this work we present a complete quantitative study of {Delta}r in the framework of the general Two-Higgs-Doublet Model (2HDM). While the one-loop analysis of {Delta}r in this model was carried out long ago, in the first part of our work we consistently incorporate the higher order effects that have been computed since then for the SM part of {Delta}r. Within the on-shell scheme, we find typical corrections leading to shifts of {proportional_to}20-40 MeV on the W mass, resulting in a better agreement with its experimentally measured value and in a degree no less significant than in the MSSM case. In the second part of our study we devise a set of effective couplings that capture the dominant higher order genuine 2HDM quantum effects on the {delta}{rho} part of {Delta}r in the limit of large Higgs boson self-interactions. This limit constitutes a telltale property of the general 2HDM which is unmatched by e.g. the MSSM. (orig.)

  2. Cartilage quality in rheumatoid arthritis: comparison of T2* mapping, native T1 mapping, dGEMRIC, {delta}R1 and value of pre-contrast imaging

    Energy Technology Data Exchange (ETDEWEB)

    Buchbender, Christian; Scherer, Axel; Kroepil, Patric; Quentin, Michael; Reichelt, Dorothea C.; Lanzman, Rotem S.; Mathys, Christian; Blondin, Dirk; Wittsack, Hans-Joerg; Antoch, Gerald; Miese, Falk [University Duesseldorf, Department of Diagnostic and Interventional Radiology, Medical Faculty, Duesseldorf (Germany); Koerbl, Birthe [Heinrich-Heine-University, Department of Endocrinology, Diabetology and Rheumatology, Medical Faculty, Duesseldorf (Germany); Heinrich-Heine-University, Leibniz Centre for Diabetes Research, Institute of Biometrics and Epidemiology, German Diabetes Centre, Duesseldorf (Germany); Bittersohl, Bernd; Zilkens, Christoph [Heinrich-Heine-University, Department of Orthopaedics, Medical Faculty, Duesseldorf (Germany); Hofer, Matthias [Heinrich-Heine-University, Medical Education Group, Medical School, Duesseldorf (Germany); Schneider, Matthias; Ostendorf, Benedikt [Heinrich-Heine-University, Department of Endocrinology, Diabetology and Rheumatology, Medical Faculty, Duesseldorf (Germany)

    2012-06-15

    To prospectively evaluate four non-invasive markers of cartilage quality - T2* mapping, native T1 mapping, dGEMRIC and {delta}R1 - in healthy volunteers and rheumatoid arthritis (RA) patients. Cartilage of metacarpophalangeal (MCP) joints II were imaged in 28 consecutive subjects: 12 healthy volunteers [9 women, mean (SD) age 52.67 (9.75) years, range 30-66] and 16 RA patients with MCP II involvement [12 women, mean (SD) age 58.06 (12.88) years, range 35-76]. Sagittal T2* mapping was performed with a multi-echo gradient-echo on a 3 T MRI scanner. For T1 mapping the dual flip angle method was applied prior to native T1 mapping and 40 min after gadolinium application (delayed gadolinium-enhanced MRI of cartilage, dGEMRIC, T1{sub Gd}). The difference in the longitudinal relaxation rate induced by gadolinium ({delta}R1) was calculated. The area under the receiver operating characteristic curve (AROC) was used to test for differentiation of RA patients from healthy volunteers. dGEMRIC (AUC 0.81) and {delta}R1 (AUC 0.75) significantly differentiated RA patients from controls. T2* mapping (AUC 0.66) and native T1 mapping (AUC 0.66) were not significantly different in RA patients compared to controls. The data support the use of dGEMRIC for the assessment of MCP joint cartilage quality in RA. T2* and native T1 mapping are of low diagnostic value. Pre-contrast T1 mapping for the calculation of {delta}R1 does not increase the diagnostic value of dGEMRIC. (orig.)

  3. Demonstrator Flood Control Room : Inventarisatie van de wensen van de verschillende Deltares onderdelen en een hierop gebaseerd ontwerp

    NARCIS (Netherlands)

    Boertjens, G.J.; Attema-van Waas, A.R.; Guikema, M.; Schilder, C.M.C.; Veen, M.J. van der

    2009-01-01

    Op basis van het uitgevoerde onderzoek trekt TNO de volgende conclusies: • De bestaande ruimte die Deltares op het oog heeft voor de realisatie van de trainingsruimte is klein. Een eerste fase van de gewenste Flood Control Room is realiseerbaar in deze ruimte, met inachtneming dat niet alle

  4. The North Atlantic marine reservoir effect in the Early Holocene: Implications for defining and understanding MRE values

    Energy Technology Data Exchange (ETDEWEB)

    Ascough, P.L. [School of Geography and Geosciences, Irvine Building, University of St. Andrews, St. Andrews, Fife KY16 9AL (United Kingdom)]. E-mail: pla1@st-andrews.ac.uk; Cook, G.T. [Scottish Universities Environmental Research Centre, Scottish Enterprise Technology Park, Rankine Avenue, East Kilbride G75 OQF (United Kingdom); Dugmore, A.J. [Institute of Geography, School of GeoSciences, University of Edinburgh, Edinburgh EH8 9XP (United Kingdom); Scott, E.M. [Department of Statistics, University of Glasgow, Glasgow G12 8QQ (United Kingdom)

    2007-06-15

    The marine reservoir effect (MRE) is a {sup 14}C age offset between the oceanic and atmospheric carbon reservoirs. The MRE is neither spatially nor temporally constant and values may deviate significantly from the global model average provided by the Marine04 curve. Such a deviation is calculated as a {delta}R value and modern (pre-bomb) values show considerable spatial variations. There is also considerable evidence for temporal variability linked to paleoenvironmental changes identified in paleoclimatic proxy records. Seven new {delta}R values are presented for the North Atlantic, relating to the period c. 8430-3890 cal. BP (c. 6480-1940 BC). These were obtained from {sup 14}C analysis of multiple samples of terrestrial and marine material derived from seven individual archaeological deposits from Mainland Scotland, the Outer Hebrides and the Orkney Isles. The {delta}R values vary between 143 {+-} 20 {sup 14}C yr and -100 {+-} 15 {sup 14}C yr with the positive values all occurring in the earlier period (8430-5060 cal. BP), and the negative values all coming from later deposits (4820-3890 cal. BP). The nature of MRE values and the potential for spatial and temporal variation in values is the subject of current research interest and these data are placed in the context of (i) other estimates for UK coastal waters and (ii) important questions concerning current approaches to quantifying the MRE.

  5. Values and behaviour model

    International Nuclear Information System (INIS)

    Anon

    2011-01-01

    Occupational injuries, accidents, trips of equipment, emergencies, and idle times represent a loss from each megawatt hour which we could have supplied to the network, or other costs related to settlement or compensation for damages. All of it can be caused by short lack of attention while doing a routine job, ignoring safety indicators, and rules. Such behaviour would not be a characteristic of a professional. People working at the nuclear power plants are the first ones to learn about the Values and Behaviour Model. (author)

  6. Value encounters - Modeling and analyzing co-creation of value

    NARCIS (Netherlands)

    Weigand, H.; Godart, C.; Gronau, N.; Sharma, S.; Canals, G.

    2009-01-01

    Recent marketing and management literature has introduced the concept of co-creation of value. Current value modeling approaches such as e3-value focus on the exchange of value rather than co-creation. In this paper, an extension to e3-value is proposed in the form of a “value encounter”. Value

  7. Value encounters : Modelling and analyzing co-creation of value

    NARCIS (Netherlands)

    Weigand, H.; Jayasinghe Arachchig, J.

    2009-01-01

    Recent marketing and management literature has introduced the concept of co-creation of value. Current value modeling approaches such as e3-value focus on the exchange of value rather than co-creation. In this paper, an extension to e3-value is proposed in the form of a “value encounter”. Value

  8. Value Encounters - Modeling and Analyzing Co-creation of Value

    Science.gov (United States)

    Weigand, Hans

    Recent marketing and management literature has introduced the concept of co-creation of value. Current value modeling approaches such as e3-value focus on the exchange of value rather than co-creation. In this paper, an extension to e3-value is proposed in the form of a “value encounter”. Value encounters are defined as interaction spaces where a group of actors meet and derive value by each one bringing in some of its own resources. They can be analyzed from multiple strategic perspectives, including knowledge management, social network management and operational management. Value encounter modeling can be instrumental in the context of service analysis and design.

  9. Achieving Value in Primary Care: The Primary Care Value Model.

    Science.gov (United States)

    Rollow, William; Cucchiara, Peter

    2016-03-01

    The patient-centered medical home (PCMH) model provides a compelling vision for primary care transformation, but studies of its impact have used insufficiently patient-centered metrics with inconsistent results. We propose a framework for defining patient-centered value and a new model for value-based primary care transformation: the primary care value model (PCVM). We advocate for use of patient-centered value when measuring the impact of primary care transformation, recognition, and performance-based payment; for financial support and research and development to better define primary care value-creating activities and their implementation; and for use of the model to support primary care organizations in transformation. © 2016 Annals of Family Medicine, Inc.

  10. Applying the Expectancy-Value Model to understand health values.

    Science.gov (United States)

    Zhang, Xu-Hao; Xie, Feng; Wee, Hwee-Lin; Thumboo, Julian; Li, Shu-Chuen

    2008-03-01

    Expectancy-Value Model (EVM) is the most structured model in psychology to predict attitudes by measuring attitudinal attributes (AAs) and relevant external variables. Because health value could be categorized as attitude, we aimed to apply EVM to explore its usefulness in explaining variances in health values and investigate underlying factors. Focus group discussion was carried out to identify the most common and significant AAs toward 5 different health states (coded as 11111, 11121, 21221, 32323, and 33333 in EuroQol Five-Dimension (EQ-5D) descriptive system). AAs were measured in a sum of multiplications of subjective probability (expectancy) and perceived value of attributes with 7-point Likert scales. Health values were measured using visual analog scales (VAS, range 0-1). External variables (age, sex, ethnicity, education, housing, marital status, and concurrent chronic diseases) were also incorporated into survey questionnaire distributed by convenience sampling among eligible respondents. Univariate analyses were used to identify external variables causing significant differences in VAS. Multiple linear regression model (MLR) and hierarchical regression model were used to investigate the explanatory power of AAs and possible significant external variable(s) separately or in combination, for each individual health state and a mixed scenario of five states, respectively. Four AAs were identified, namely, "worsening your quality of life in terms of health" (WQoL), "adding a burden to your family" (BTF), "making you less independent" (MLI) and "unable to work or study" (UWS). Data were analyzed based on 232 respondents (mean [SD] age: 27.7 [15.07] years, 49.1% female). Health values varied significantly across 5 health states, ranging from 0.12 (33333) to 0.97 (11111). With no significant external variables identified, EVM explained up to 62% of the variances in health values across 5 health states. The explanatory power of 4 AAs were found to be between 13

  11. E3value to BPMN model transformation

    NARCIS (Netherlands)

    Fatemi, Hassan; van Sinderen, Marten J.; Wieringa, Roelf J.; Wieringa, P.A.; Camarinha-Matos, Luis M.; Pereira Klen, Alexandra; Afsarmanesh, Hamidesh

    2011-01-01

    Business value and coordination process perspectives need to be taken into consideration while modeling business collaborations. The need for these two models stems from the importance of separating the how from the what concerns. A business value model shows what is offered by whom to whom while a

  12. Value function in economic growth model

    Science.gov (United States)

    Bagno, Alexander; Tarasyev, Alexandr A.; Tarasyev, Alexander M.

    2017-11-01

    Properties of the value function are examined in an infinite horizon optimal control problem with an unlimited integrand index appearing in the quality functional with a discount factor. Optimal control problems of such type describe solutions in models of economic growth. Necessary and sufficient conditions are derived to ensure that the value function satisfies the infinitesimal stability properties. It is proved that value function coincides with the minimax solution of the Hamilton-Jacobi equation. Description of the growth asymptotic behavior for the value function is provided for the logarithmic, power and exponential quality functionals and an example is given to illustrate construction of the value function in economic growth models.

  13. Modeling Business Strategy: A Consumer Value Perspective

    OpenAIRE

    Svee , Eric-Oluf; Giannoulis , Constantinos; Zdravkovic , Jelena

    2011-01-01

    Part 3: Business Modeling; International audience; Business strategy lays out the plan of an enterprise to achieve its vision by providing value to its customers. Typically, business strategy focuses on economic value and its relevant exchanges with customers and does not directly address consumer values. However, consumer values drive customers’ choices and decisions to use a product or service, and therefore should have a direct impact on business strategy. This paper explores whether and h...

  14. The value of multivariate model sophistication

    DEFF Research Database (Denmark)

    Rombouts, Jeroen; Stentoft, Lars; Violante, Francesco

    2014-01-01

    We assess the predictive accuracies of a large number of multivariate volatility models in terms of pricing options on the Dow Jones Industrial Average. We measure the value of model sophistication in terms of dollar losses by considering a set of 444 multivariate models that differ in their spec....... In addition to investigating the value of model sophistication in terms of dollar losses directly, we also use the model confidence set approach to statistically infer the set of models that delivers the best pricing performances.......We assess the predictive accuracies of a large number of multivariate volatility models in terms of pricing options on the Dow Jones Industrial Average. We measure the value of model sophistication in terms of dollar losses by considering a set of 444 multivariate models that differ...

  15. Rights and Intentions in Value Modeling

    Science.gov (United States)

    Johannesson, Paul; Bergholtz, Maria

    In order to manage increasingly complex business and IT environments, organizations need effective instruments for representing and understanding this complexity. Essential among these instruments are enterprise models, i.e. computational representations of the structure, processes, information, resources, and intentions of organizations. One important class of enterprise models are value models, which focus on the business motivations and intentions behind business processes and describe them in terms of high level notions like actors, resources, and value exchanges. The essence of these value exchanges is often taken to be an ownership transfer. However, some value exchanges cannot be analyzed in this way, e.g. the use of a service does not influence ownership. The goal of this chapter is to offer an analysis of the notion of value exchanges, based on Hohfeld's classification of rights, and to propose notation and practical modeling guidelines that make use of this analysis.

  16. Comparison of perceived value structural models

    Directory of Open Access Journals (Sweden)

    Sunčana Piri Rajh

    2012-07-01

    Full Text Available Perceived value has been considered an important determinant of consumer shopping behavior and studied as such for a long period of time. According to one research stream, perceived value is a variable determined by perceived quality and perceived sacrifice. Another research stream suggests that the perception of value is a result of the consumer risk perception. This implies the presence of two somewhat independent research streams that are integrated by a third research stream – the one suggesting that perceived value is a result of perceived quality and perceived sacrifices while perceived (performance and financial risk mediates the relationship between perceived quality and perceived sacrifices on the one hand, and perceived value on the other. This paper describes the three approaches (models that have been mentioned. The aim of the paper is to determine which of the observed models show the most acceptable level of fit to the empirical data. Using the survey method, research involving three product categories has been conducted on a sample of Croatian consumers. Collected data was analyzed by the structural equation modeling (SEM method. Research has shown an appropriate level of fit of each observed model to the empirical data. However, the model measuring the effect of perceived risk on perceived value indicates the best level of fit, which implies that perceived performance risk and perceived financial risk are the best predictors of perceived value.

  17. p-values for model evaluation

    International Nuclear Information System (INIS)

    Beaujean, F.; Caldwell, A.; Kollar, D.; Kroeninger, K.

    2011-01-01

    Deciding whether a model provides a good description of data is often based on a goodness-of-fit criterion summarized by a p-value. Although there is considerable confusion concerning the meaning of p-values, leading to their misuse, they are nevertheless of practical importance in common data analysis tasks. We motivate their application using a Bayesian argumentation. We then describe commonly and less commonly known discrepancy variables and how they are used to define p-values. The distribution of these are then extracted for examples modeled on typical data analysis tasks, and comments on their usefulness for determining goodness-of-fit are given.

  18. Dual Value Creation and Business Model Design

    DEFF Research Database (Denmark)

    Turcan, Romeo V.

    This ethnographic research explores the process of business model design in the context of an NGO internationalizing to an emerging market. It contributes to the business model literature by investigating how this NGO - targeting multiple key stakeholders - was experimenting (1) with value...

  19. New Trends, News Values, and New Models.

    Science.gov (United States)

    Higgins, Mary Anne

    1996-01-01

    Explores implications of the prediction that in the next millennium the public will experience a scarcity of knowledge and a surplus of information. Reviews research suggesting that journalists focus on these news values: emphasizing how/why, devaluing immediacy, specializing/analyzing, representing a constituency. Examines two new models of…

  20. An Alignment Model for Collaborative Value Networks

    Science.gov (United States)

    Bremer, Carlos; Azevedo, Rodrigo Cambiaghi; Klen, Alexandra Pereira

    This paper presents parts of the work carried out in several global organizations through the development of strategic projects with high tactical and operational complexity. By investing in long-term relationships, strongly operating in the transformation of the competitive model and focusing on the value chain management, the main aim of these projects was the alignment of multiple value chains. The projects were led by the Axia Transformation Methodology as well as by its Management Model and following the principles of Project Management. As a concrete result of the efforts made in the last years in the Brazilian market this work also introduces the Alignment Model which supports the transformation process that the companies undergo.

  1. Norms and values in sociohydrological models

    Directory of Open Access Journals (Sweden)

    M. Roobavannan

    2018-02-01

    Full Text Available Sustainable water resources management relies on understanding how societies and water systems coevolve. Many place-based sociohydrology (SH modeling studies use proxies, such as environmental degradation, to capture key elements of the social component of system dynamics. Parameters of assumed relationships between environmental degradation and the human response to it are usually obtained through calibration. Since these relationships are not yet underpinned by social-science theories, confidence in the predictive power of such place-based sociohydrologic models remains low. The generalizability of SH models therefore requires major advances in incorporating more realistic relationships, underpinned by appropriate hydrological and social-science data and theories. The latter is a critical input, since human culture – especially values and norms arising from it – influences behavior and the consequences of behaviors. This paper reviews a key social-science theory that links cultural factors to environmental decision-making, assesses how to better incorporate social-science insights to enhance SH models, and raises important questions to be addressed in moving forward. This is done in the context of recent progress in sociohydrological studies and the gaps that remain to be filled. The paper concludes with a discussion of challenges and opportunities in terms of generalization of SH models and the use of available data to allow future prediction and model transfer to ungauged basins.

  2. Norms and values in sociohydrological models

    Science.gov (United States)

    Roobavannan, Mahendran; van Emmerik, Tim H. M.; Elshafei, Yasmina; Kandasamy, Jaya; Sanderson, Matthew R.; Vigneswaran, Saravanamuthu; Pande, Saket; Sivapalan, Murugesu

    2018-02-01

    Sustainable water resources management relies on understanding how societies and water systems coevolve. Many place-based sociohydrology (SH) modeling studies use proxies, such as environmental degradation, to capture key elements of the social component of system dynamics. Parameters of assumed relationships between environmental degradation and the human response to it are usually obtained through calibration. Since these relationships are not yet underpinned by social-science theories, confidence in the predictive power of such place-based sociohydrologic models remains low. The generalizability of SH models therefore requires major advances in incorporating more realistic relationships, underpinned by appropriate hydrological and social-science data and theories. The latter is a critical input, since human culture - especially values and norms arising from it - influences behavior and the consequences of behaviors. This paper reviews a key social-science theory that links cultural factors to environmental decision-making, assesses how to better incorporate social-science insights to enhance SH models, and raises important questions to be addressed in moving forward. This is done in the context of recent progress in sociohydrological studies and the gaps that remain to be filled. The paper concludes with a discussion of challenges and opportunities in terms of generalization of SH models and the use of available data to allow future prediction and model transfer to ungauged basins.

  3. Models for setting ATM parameter values

    DEFF Research Database (Denmark)

    Blaabjerg, Søren; Gravey, A.; Romæuf, L.

    1996-01-01

    essential to set traffic characteristic values that are relevant to the considered cell stream, and that ensure that the amount of non-conforming traffic is small. Using a queueing model representation for the GCRA formalism, several methods are available for choosing the traffic characteristics. This paper......In ATM networks, a user should negotiate at connection set-up a traffic contract which includes traffic characteristics and requested QoS. The traffic characteristics currently considered are the Peak Cell Rate, the Sustainable Cell Rate, the Intrinsic Burst Tolerance and the Cell Delay Variation...... (CDV) tolerance(s). The values taken by these traffic parameters characterize the so-called ''Worst Case Traffic'' that is used by CAC procedures for accepting a new connection and allocating resources to it. Conformance to the negotiated traffic characteristics is defined, at the ingress User...

  4. Proving the ecosystem value through hydrological modelling

    International Nuclear Information System (INIS)

    Dorner, W; Spachinger, K; Metzka, R; Porter, M

    2008-01-01

    Ecosystems provide valuable functions. Also natural floodplains and river structures offer different types of ecosystem functions such as habitat function, recreational area and natural detention. From an economic stand point the loss (or rehabilitation) of these natural systems and their provided natural services can be valued as a damage (or benefit). Consequently these natural goods and services must be economically valued in project assessments e.g. cost-benefit-analysis or cost comparison. Especially in smaller catchments and river systems exists significant evidence that natural flood detention reduces flood risk and contributes to flood protection. Several research projects evaluated the mitigating effect of land use, river training and the loss of natural flood plains on development, peak and volume of floods. The presented project analysis the hypothesis that ignoring natural detention and hydrological ecosystem services could result in economically inefficient solutions for flood protection and mitigation. In test areas, subcatchments of the Danube in Germany, a combination of hydrological and hydrodynamic models with economic evaluation techniques was applied. Different forms of land use, river structure and flood protection measures were assed and compared from a hydrological and economic point of view. A hydrodynamic model was used to simulate flows to assess the extent of flood affected areas and damages to buildings and infrastructure as well as to investigate the impacts of levees and river structure on a local scale. These model results provided the basis for an economic assessment. Different economic valuation techniques, such as flood damage functions, cost comparison method and substation-approach were used to compare the outcomes of different hydrological scenarios from an economic point of view and value the ecosystem service. The results give significant evidence that natural detention must be evaluated as part of flood mitigation projects

  5. Issues in Value-at-Risk Modeling and Evaluation

    NARCIS (Netherlands)

    J. Daníelsson (Jón); C.G. de Vries (Casper); B.N. Jorgensen (Bjørn); P.F. Christoffersen (Peter); F.X. Diebold (Francis); T. Schuermann (Til); J.A. Lopez (Jose); B. Hirtle (Beverly)

    1998-01-01

    textabstractDiscusses the issues in value-at-risk modeling and evaluation. Value of value at risk; Horizon problems and extreme events in financial risk management; Methods of evaluating value-at-risk estimates.

  6. The Advancement Value Chain: An Exploratory Model

    Science.gov (United States)

    Leonard, Edward F., III

    2005-01-01

    Since the introduction of the value chain concept in 1985, several varying, yet virtually similar, value chains have been developed for the business enterprise. Shifting to higher education, can a value chain be found that links together the various activities of advancement so that an institution's leaders can actually look at the philanthropic…

  7. Comparison of perceived value structural models

    OpenAIRE

    Sunčana Piri Rajh

    2012-01-01

    Perceived value has been considered an important determinant of consumer shopping behavior and studied as such for a long period of time. According to one research stream, perceived value is a variable determined by perceived quality and perceived sacrifice. Another research stream suggests that the perception of value is a result of the consumer risk perception. This implies the presence of two somewhat independent research streams that are integrated by a third research stream – the one sug...

  8. Value Reappraisal as a Conceptual Model for Task-Value Interventions

    Science.gov (United States)

    Acee, Taylor W.; Weinstein, Claire Ellen; Hoang, Theresa V.; Flaggs, Darolyn A.

    2018-01-01

    We discuss task-value interventions as one type of relevance intervention and propose a process model of value reappraisal whereby task-value interventions elicit cognitive-affective responses that lead to attitude change and in turn affect academic outcomes. The model incorporates a metacognitive component showing that students can intentionally…

  9. Mean Value Modelling of Turbocharged SI Engines

    DEFF Research Database (Denmark)

    Müller, Martin; Hendricks, Elbert; Sorenson, Spencer C.

    1998-01-01

    The development of a computer simulation to predict the performance of a turbocharged spark ignition engine during transient operation. New models have been developed for the turbocharged and the intercooling system. An adiabatic model for the intake manifold is presented.......The development of a computer simulation to predict the performance of a turbocharged spark ignition engine during transient operation. New models have been developed for the turbocharged and the intercooling system. An adiabatic model for the intake manifold is presented....

  10. PV panel model based on datasheet values

    DEFF Research Database (Denmark)

    Sera, Dezso; Teodorescu, Remus; Rodriguez, Pedro

    2007-01-01

    This work presents the construction of a model for a PV panel using the single-diode five-parameters model, based exclusively on data-sheet parameters. The model takes into account the series and parallel (shunt) resistance of the panel. The equivalent circuit and the basic equations of the PV cell....... Based on these equations, a PV panel model, which is able to predict the panel behavior in different temperature and irradiance conditions, is built and tested....

  11. The New Digital Media Value Network: Proposing an Interactive Model of Digital Media Value Activities

    Directory of Open Access Journals (Sweden)

    Sylvia Chan-Olmsted

    2016-07-01

    Full Text Available This study models the dynamic nature of today’s media markets using the framework of value-adding activities in the provision and consumption of media products. The proposed user-centric approach introduces the notion that the actions of external users, social media, and interfaces affect the internal value activities of media firms via a feedback loop, and therefore should themselves be considered value activities. The model also suggests a more comprehensive list of indicators for value assessment.

  12. The added value of business models

    NARCIS (Netherlands)

    Vliet, Harry van

    An overview of innovations in a particular area, for example retail developments in the fashion sector (Van Vliet, 2014), and a subsequent discussion about the probability as to whether these innovations will realise a ‘breakthrough’, has to be supplemented with the question of what the added value

  13. Modeling value creation with enterprise architecture

    NARCIS (Netherlands)

    Singh, Prince Mayurank; Jonkers, H.; Iacob, Maria Eugenia; van Sinderen, Marten J.

    2014-01-01

    Firms may not succeed in business if strategies are not properly implemented in practice. Every firm needs to know, represent and master its value creation logic, not only to stay in business but also to keep growing. This paper is about focusing on an important topic in the field of strategic

  14. Value uncaptured perspective for sustainable business model innovation

    OpenAIRE

    Yang, M; Evans, S; Vladimirova, D; Rana, P

    2016-01-01

    Sustainability has become one of the key factors for long-term business success. Recent research and practice show that business model innovation is a promising approach for improving sustainability in manufacturing firms. To date business models have been examined mostly from the perspectives of value proposition, value capture, value creation and delivery. There is a need for a more comprehensive understanding of value in order to promote sustainability. This paper proposes value uncaptured...

  15. The role of non-epistemic values in engineering models

    NARCIS (Netherlands)

    Diekmann, S.; Peterson, M.B.

    2013-01-01

    We argue that non-epistemic values, including moral ones, play an important role in the construction and choice of models in science and engineering. Our main claim is that non-epistemic values are not only "secondary values" that become important just in case epistemic values leave some issues

  16. One-Step Dynamic Classifier Ensemble Model for Customer Value Segmentation with Missing Values

    Directory of Open Access Journals (Sweden)

    Jin Xiao

    2014-01-01

    Full Text Available Scientific customer value segmentation (CVS is the base of efficient customer relationship management, and customer credit scoring, fraud detection, and churn prediction all belong to CVS. In real CVS, the customer data usually include lots of missing values, which may affect the performance of CVS model greatly. This study proposes a one-step dynamic classifier ensemble model for missing values (ODCEM model. On the one hand, ODCEM integrates the preprocess of missing values and the classification modeling into one step; on the other hand, it utilizes multiple classifiers ensemble technology in constructing the classification models. The empirical results in credit scoring dataset “German” from UCI and the real customer churn prediction dataset “China churn” show that the ODCEM outperforms four commonly used “two-step” models and the ensemble based model LMF and can provide better decision support for market managers.

  17. Mathematical modelling of a farm enterprise value on the ...

    African Journals Online (AJOL)

    Mathematical modelling of a farm enterprise value on the agricultural market with the ... Subsidies in the EU countries reached 45-50% of the value of commodity output ... This financing gap entailed a number of negative consequences.

  18. Value Chain Model for Steel Manufacturing Sector: A Case Study

    OpenAIRE

    S G Acharyulu; K Venkata Subbaiah; K Narayana Rao

    2018-01-01

    Michael E Porter developed a value chain model for manufacturing sector with five primary activities and four supporting activities. The value chain model developed by Porter is extended to a steel manufacturing sector due to expansions of steel plants has become a continual process for their growth and survival. In this paper a value chain model for steel manufacturing sector is developed considering five primary activities and six support activities.

  19. Theoretical modeling of iodine value and saponification value of biodiesel fuels from their fatty acid composition

    Energy Technology Data Exchange (ETDEWEB)

    Gopinath, A.; Puhan, Sukumar; Nagarajan, G. [Internal Combustion Engineering Division, Department of Mechanical Engineering, Anna University, Chennai 600 025, Tamil Nadu (India)

    2009-07-15

    Biodiesel is an alternative fuel consisting of alkyl esters of fatty acids from vegetable oils or animal fats. The properties of biodiesel depend on the type of vegetable oil used for the transesterification process. The objective of the present work is to theoretically predict the iodine value and the saponification value of different biodiesels from their fatty acid methyl ester composition. The fatty acid ester compositions and the above values of different biodiesels were taken from the available published data. A multiple linear regression model was developed to predict the iodine value and saponification value of different biodiesels. The predicted results showed that the prediction errors were less than 3.4% compared to the available published data. The predicted values were also verified by substituting in the available published model which was developed to predict the higher heating values of biodiesel fuels from their iodine value and the saponification value. The resulting heating values of biodiesels were then compared with the published heating values and reported. (author)

  20. Estimation of value at risk and conditional value at risk using normal mixture distributions model

    Science.gov (United States)

    Kamaruzzaman, Zetty Ain; Isa, Zaidi

    2013-04-01

    Normal mixture distributions model has been successfully applied in financial time series analysis. In this paper, we estimate the return distribution, value at risk (VaR) and conditional value at risk (CVaR) for monthly and weekly rates of returns for FTSE Bursa Malaysia Kuala Lumpur Composite Index (FBMKLCI) from July 1990 until July 2010 using the two component univariate normal mixture distributions model. First, we present the application of normal mixture distributions model in empirical finance where we fit our real data. Second, we present the application of normal mixture distributions model in risk analysis where we apply the normal mixture distributions model to evaluate the value at risk (VaR) and conditional value at risk (CVaR) with model validation for both risk measures. The empirical results provide evidence that using the two components normal mixture distributions model can fit the data well and can perform better in estimating value at risk (VaR) and conditional value at risk (CVaR) where it can capture the stylized facts of non-normality and leptokurtosis in returns distribution.

  1. Simulating WTP Values from Random-Coefficient Models

    OpenAIRE

    Maurus Rischatsch

    2009-01-01

    Discrete Choice Experiments (DCEs) designed to estimate willingness-to-pay (WTP) values are very popular in health economics. With increased computation power and advanced simulation techniques, random-coefficient models have gained an increasing importance in applied work as they allow for taste heterogeneity. This paper discusses the parametrical derivation of WTP values from estimated random-coefficient models and shows how these values can be simulated in cases where they do not have a kn...

  2. The development of the Professional Values Model in Nursing.

    Science.gov (United States)

    Kaya, Ayla; Boz, İlkay

    2017-01-01

    One of the most important criteria for professionalism is accumulation of knowledge that is usable in professional practice. Nursing models and theories are important elements of accumulating nursing knowledge and have a chance to guarantee the ethical professional practice. In recent years, there has been an increase in the use of models in nursing research and newly created terminology has started to be used in nursing. In this study, a new model, termed as the Professional Values Model, developed by the authors was described. Concepts comprising the conceptual framework of the model and relations between the concepts were explained. It is assumed that awareness about concepts of the model will increase not only the patients' satisfaction with nursing care, but also the nurses' job satisfaction and quality of nursing care. Contemporary literature has been reviewed and synthesized to develop this theoretical paper on the Professional Values Model in nursing. Having high values in nursing increases job satisfaction, which results in the improvement of patient care and satisfaction. Also, individual characteristics are effective in the determination of individual needs, priorities, and values. This relation, proved through research about the Professional Values Model, has been explained. With development of these concepts, individuals' satisfaction with care and nurses' job satisfaction will be enhanced, which will increase the quality of nursing care. Most importantly, nurses can take proper decisions about ethical dilemmas and take ethical action when they take these values into consideration when giving care. The Professional Values Model seems suitable for nurse managers and it is expected that testing will improve it. Implementation of the Professional Values Model by nurse managers may increase motivation of nurses they work with. It is suggested that guidance by the Professional Values Model may help in enhancement of motivation efforts of the nurse managers

  3. Multi-Valued Modal Fixed Point Logics for Model Checking

    Science.gov (United States)

    Nishizawa, Koki

    In this paper, I will show how multi-valued logics are used for model checking. Model checking is an automatic technique to analyze correctness of hardware and software systems. A model checker is based on a temporal logic or a modal fixed point logic. That is to say, a system to be checked is formalized as a Kripke model, a property to be satisfied by the system is formalized as a temporal formula or a modal formula, and the model checker checks that the Kripke model satisfies the formula. Although most existing model checkers are based on 2-valued logics, recently new attempts have been made to extend the underlying logics of model checkers to multi-valued logics. I will summarize these new results.

  4. Audiovisual preservation strategies, data models and value-chains

    OpenAIRE

    Addis, Matthew; Wright, Richard

    2010-01-01

    This is a report on preservation strategies, models and value-chains for digital file-based audiovisual content. The report includes: (a)current and emerging value-chains and business-models for audiovisual preservation;(b) a comparison of preservation strategies for audiovisual content including their strengths and weaknesses, and(c) a review of current preservation metadata models, and requirements for extension to support audiovisual files.

  5. Self-Service Banking: Value Creation Models and Information Exchange

    Directory of Open Access Journals (Sweden)

    Ragnvald Sannes

    2001-01-01

    Full Text Available This paper argues that most banks have failed to exploit the potential of self-service banking because they base their service design on an incomplete business model for self-service. A framework for evaluation of self-service banking concepts is developed on the basis of Stabell and Fjeldstad's three value configurations. The value network and the value shop are consistent with self-service banking while the value chain is inappropriate. The impact of the value configurations on information exchange and self-service functionality is discussed, and a framework for design of such services proposed. Current self-service banking practices are compared to the framework, and it is concluded that current practice matches the concept of a value network and not the value shop. However, current practices are only a partial implementation of a value network-based self-service banking concept.

  6. Environment Modeling Using Runtime Values for JPF-Android

    Science.gov (United States)

    van der Merwe, Heila; Tkachuk, Oksana; Nel, Seal; van der Merwe, Brink; Visser, Willem

    2015-01-01

    Software applications are developed to be executed in a specific environment. This environment includes external native libraries to add functionality to the application and drivers to fire the application execution. For testing and verification, the environment of an application is simplified abstracted using models or stubs. Empty stubs, returning default values, are simple to generate automatically, but they do not perform well when the application expects specific return values. Symbolic execution is used to find input parameters for drivers and return values for library stubs, but it struggles to detect the values of complex objects. In this work-in-progress paper, we explore an approach to generate drivers and stubs based on values collected during runtime instead of using default values. Entry-points and methods that need to be modeled are instrumented to log their parameters and return values. The instrumented applications are then executed using a driver and instrumented libraries. The values collected during runtime are used to generate driver and stub values on- the-fly that improve coverage during verification by enabling the execution of code that previously crashed or was missed. We are implementing this approach to improve the environment model of JPF-Android, our model checking and analysis tool for Android applications.

  7. Value-based resource management: a model for best value nursing care.

    Science.gov (United States)

    Caspers, Barbara A; Pickard, Beth

    2013-01-01

    With the health care environment shifting to a value-based payment system, Catholic Health Initiatives nursing leadership spearheaded an initiative with 14 hospitals to establish best nursing care at a lower cost. The implementation of technology-enabled business processes at point of care led to a new model for best value nursing care: Value-Based Resource Management. The new model integrates clinical patient data from the electronic medical record and embeds the new information in care team workflows for actionable real-time decision support and predictive forecasting. The participating hospitals reported increased patient satisfaction and cost savings in the reduction of overtime and improvement in length of stay management. New data generated by the initiative on nursing hours and cost by patient and by population (Medicare severity diagnosis-related groups), and patient health status outcomes across the acute care continuum expanded business intelligence for a value-based population health system.

  8. Modeling and Application of Customer Lifetime Value in Online Retail

    OpenAIRE

    Pavel Jasek; Lenka Vrana; Lucie Sperkova; Zdenek Smutny; Marek Kobulsky

    2018-01-01

    This article provides an empirical statistical analysis and discussion of the predictive abilities of selected customer lifetime value (CLV) models that could be used in online shopping within e-commerce business settings. The comparison of CLV predictive abilities, using selected evaluation metrics, is made on selected CLV models: Extended Pareto/NBD model (EP/NBD), Markov chain model and Status Quo model. The article uses six online store datasets with annual revenues in the order of tens o...

  9. Brownian gas models for extreme-value laws

    International Nuclear Information System (INIS)

    Eliazar, Iddo

    2013-01-01

    In this paper we establish one-dimensional Brownian gas models for the extreme-value laws of Gumbel, Weibull, and Fréchet. A gas model is a countable collection of independent particles governed by common diffusion dynamics. The extreme-value laws are the universal probability distributions governing the affine scaling limits of the maxima and minima of ensembles of independent and identically distributed one-dimensional random variables. Using the recently introduced concept of stationary Poissonian intensities, we construct two gas models whose global statistical structures are stationary, and yield the extreme-value laws: a linear Brownian motion gas model for the Gumbel law, and a geometric Brownian motion gas model for the Weibull and Fréchet laws. The stochastic dynamics of these gas models are studied in detail, and closed-form analytical descriptions of their temporal correlation structures, their topological phase transitions, and their intrinsic first-passage-time fluxes are presented. (paper)

  10. Development of a Value Inquiry Model in Biology Education.

    Science.gov (United States)

    Jeong, Eun-Young; Kim, Young-Soo

    2000-01-01

    Points out the rapid advances in biology, increasing bioethical issues, and how students need to make rational decisions. Introduces a value inquiry model development that includes identifying and clarifying value problems; understanding biological knowledge related to conflict situations; considering, selecting, and evaluating each alternative;…

  11. Towards the Integration of Value and Coordination Models - Position Paper -

    NARCIS (Netherlands)

    Bodenstaff, L.; Reichert, M.U.; Wieringa, Roelf J.; Pernici, B; Gulla, J.A.

    Cross-organizational collaborations have a high complexity. Modelling these collaborations can be done from di®erent perspectives. For example, the value perspective represents expected value exchanges in a collaboration while the coordination perspective represents the order in which these

  12. Satisfaction with virtual worlds: An integrated model of experiential value

    NARCIS (Netherlands)

    Verhagen, T.; Feldberg, J.F.M.; van den Hooff, B.J.; Meents, S.; Merikivi, J.

    2011-01-01

    Although virtual worlds increasingly attract users today, few studies have addressed what satisfies virtual world users. We therefore defined and tested an integrated model of experiential system value and virtual world satisfaction. Drawing upon expectancy-value and cognitive evaluation theories,

  13. Environment modeling using runtime values for JPF-Android

    CSIR Research Space (South Africa)

    Van der Merwe, H

    2015-11-01

    Full Text Available , the environment of an application is simplified/abstracted using models or stubs. Empty stubs, returning default values, are simple to generate automatically, but they do not perform well when the application expects specific return values. Symbolic execution...

  14. Continuous Spatial Process Models for Spatial Extreme Values

    KAUST Repository

    Sang, Huiyan; Gelfand, Alan E.

    2010-01-01

    process model for extreme values that provides mean square continuous realizations, where the behavior of the surface is driven by the spatial dependence which is unexplained under the latent spatio-temporal specification for the GEV parameters

  15. Value Creation Challenges in Multichannel Retail Business Models

    Directory of Open Access Journals (Sweden)

    Mika Yrjölä

    2014-08-01

    Full Text Available Purpose: The purpose of the paper is to identify and analyze the challenges of value creation in multichannel retail business models. Design/methodology/approach: With the help of semi-structured interviews with top executives from different retailing environments, this study introduces a model of value creation challenges in the context of multichannel retailing. The challenges are analyzed in terms of three retail business model elements, i.e., format, activities, and governance. Findings: Adopting a multichannel retail business model requires critical rethinking of the basic building blocks of value creation. First of all, as customers effortlessly move between multiple channels, multichannel formats can lead to a mismatch between customer and firm value. Secondly, retailers face pressures to use their activities to form integrated total offerings to customers. Thirdly, multiple channels might lead to organizational silos with conflicting goals. A careful orchestration of value creation is needed to determine the roles and incentives of the channel parties involved. Research limitations/implications: In contrast to previous business model literature, this study did not adopt a network-centric view. By embracing the boundary-spanning nature of the business model, other challenges and elements might have been discovered (e.g., challenges in managing relationships with suppliers. Practical implications: As a practical contribution, this paper has analyzed the challenges retailers face in adopting multichannel business models. Customer tendencies for showrooming behavior highlight the need for generating efficient lock-in strategies. Customized, personal offers and information are ways to increase customer value, differentiate from competition, and achieve lock-in. Originality/value: As a theoretical contribution, this paper empirically investigates value creation challenges in a specific context, lowering the level of abstraction in the mostly

  16. Integral-Value Models for Outcomes over Continuous Time

    DEFF Research Database (Denmark)

    Harvey, Charles M.; Østerdal, Lars Peter

    Models of preferences between outcomes over continuous time are important for individual, corporate, and social decision making, e.g., medical treatment, infrastructure development, and environmental regulation. This paper presents a foundation for such models. It shows that conditions on prefere...... on preferences between real- or vector-valued outcomes over continuous time are satisfied if and only if the preferences are represented by a value function having an integral form......Models of preferences between outcomes over continuous time are important for individual, corporate, and social decision making, e.g., medical treatment, infrastructure development, and environmental regulation. This paper presents a foundation for such models. It shows that conditions...

  17. Possibilistic Fuzzy Net Present Value Model and Application

    Directory of Open Access Journals (Sweden)

    S. S. Appadoo

    2014-01-01

    Full Text Available The cash flow values and the interest rate in the net present value (NPV model are usually specified by either crisp numbers or random variables. In this paper, we first discuss some of the recent developments in possibility theory and find closed form expressions for fuzzy possibilistic net present value (FNPV. Then, following Carlsson and Fullér (2001, we discuss some of the possibilistic moments related to FNPV model along with an illustrative numerical example. We also give a unified approach to find higher order moments of FNPV by using the moment generating function introduced by Paseka et al. (2011.

  18. [Healthcare value chain: a model for the Brazilian healthcare system].

    Science.gov (United States)

    Pedroso, Marcelo Caldeira; Malik, Ana Maria

    2012-10-01

    This article presents a model of the healthcare value chain which consists of a schematic representation of the Brazilian healthcare system. The proposed model is adapted for the Brazilian reality and has the scope and flexibility for use in academic activities and analysis of the healthcare sector in Brazil. It places emphasis on three components: the main activities of the value chain, grouped in vertical and horizontal links; the mission of each link and the main value chain flows. The proposed model consists of six vertical and three horizontal links, amounting to nine. These are: knowledge development; supply of products and technologies; healthcare services; financial intermediation; healthcare financing; healthcare consumption; regulation; distribution of healthcare products; and complementary and support services. Four flows can be used to analyze the value chain: knowledge and innovation; products and services; financial; and information.

  19. Creating Value Through the Freemium Business Model: A Consumer Perspective

    NARCIS (Netherlands)

    G.J. Rietveld (Joost)

    2016-01-01

    textabstractThis paper develops a consumer-centric framework for creating value through the freemium business model. Goods that are commercialized through the freemium business model offer basic functionality for free and monetize users for extended use or complementary features. Compared to premium

  20. Generalized algebra-valued models of set theory

    NARCIS (Netherlands)

    Löwe, B.; Tarafder, S.

    2015-01-01

    We generalize the construction of lattice-valued models of set theory due to Takeuti, Titani, Kozawa and Ozawa to a wider class of algebras and show that this yields a model of a paraconsistent logic that validates all axioms of the negation-free fragment of Zermelo-Fraenkel set theory.

  1. Vacuum expectation values for four-fermion operators. Model estimates

    International Nuclear Information System (INIS)

    Zhitnitskij, A.R.

    1985-01-01

    Some simple models (a system with a heavy quark, the rarefied insatanton gas) are used to investigate the problem of factorizability. Characteristics of vacuum fluctuations responsible for saturation of four-fermion vacuum expectation values which are known phenomenologically are discussed. A qualitative agreement between the model and phenomenologic;l estimates has been noted

  2. Vacuum expectation values of four-fermion operators. Model estimates

    International Nuclear Information System (INIS)

    Zhitnitskii, A.R.

    1985-01-01

    Simple models (a system with a heavy quark, a rarefied instanton gas) are used to study problems of factorizability. A discussion is given of the characteristics of the vacuum fluctuations responsible for saturation of the phenomenologically known four-fermion vacuum expectation values. Qualitative agreement between the model and phenomenological estimates is observed

  3. Extreme value modelling of Ghana stock exchange index.

    Science.gov (United States)

    Nortey, Ezekiel N N; Asare, Kwabena; Mettle, Felix Okoe

    2015-01-01

    Modelling of extreme events has always been of interest in fields such as hydrology and meteorology. However, after the recent global financial crises, appropriate models for modelling of such rare events leading to these crises have become quite essential in the finance and risk management fields. This paper models the extreme values of the Ghana stock exchange all-shares index (2000-2010) by applying the extreme value theory (EVT) to fit a model to the tails of the daily stock returns data. A conditional approach of the EVT was preferred and hence an ARMA-GARCH model was fitted to the data to correct for the effects of autocorrelation and conditional heteroscedastic terms present in the returns series, before the EVT method was applied. The Peak Over Threshold approach of the EVT, which fits a Generalized Pareto Distribution (GPD) model to excesses above a certain selected threshold, was employed. Maximum likelihood estimates of the model parameters were obtained and the model's goodness of fit was assessed graphically using Q-Q, P-P and density plots. The findings indicate that the GPD provides an adequate fit to the data of excesses. The size of the extreme daily Ghanaian stock market movements were then computed using the value at risk and expected shortfall risk measures at some high quantiles, based on the fitted GPD model.

  4. A matrix model for valuing anesthesia service with the resource-based relative value system.

    Science.gov (United States)

    Sinclair, David R; Lubarsky, David A; Vigoda, Michael M; Birnbach, David J; Harris, Eric A; Behrens, Vicente; Bazan, Richard E; Williams, Steve M; Arheart, Kristopher; Candiotti, Keith A

    2014-01-01

    The purpose of this study was to propose a new crosswalk using the resource-based relative value system (RBRVS) that preserves the time unit component of the anesthesia service and disaggregates anesthesia billing into component parts (preoperative evaluation, intraoperative management, and postoperative evaluation). The study was designed as an observational chart and billing data review of current and proposed payments, in the setting of a preoperative holing area, intraoperative suite, and post anesthesia care unit. In total, 1,195 charts of American Society of Anesthesiology (ASA) physical status 1 through 5 patients were reviewed. No direct patient interventions were undertaken. Spearman correlations between the proposed RBRVS billing matrix payments and the current ASA relative value guide methodology payments were strong (r=0.94-0.96, Pbilling matrix yielded payments that were 3.0%±1.34% less than would have been expected from commercial insurers, using standard rates for commercial ASA relative value units and RBRVS relative value units. Compared with current Medicare reimbursement under the ASA relative value guide, reimbursement would almost double when converting to an RBRVS billing model. The greatest increases in Medicare reimbursement between the current system and proposed billing model occurred as anesthetic management complexity increased. The new crosswalk correlates with existing evaluation and management and intensive care medicine codes in an essentially revenue neutral manner when applied to the market-based rates of commercial insurers. The new system more highly values delivery of care to more complex patients undergoing more complex surgery and better represents the true value of anesthetic case management.

  5. The Unfolding of Value Sources During Online Business Model Transformation

    Directory of Open Access Journals (Sweden)

    Nadja Hoßbach

    2016-12-01

    Full Text Available Purpose: In the magazine publishing industry, viable online business models are still rare to absent. To prepare for the ‘digital future’ and safeguard their long-term survival, many publishers are currently in the process of transforming their online business model. Against this backdrop, this study aims to develop a deeper understanding of (1 how the different building blocks of an online business model are transformed over time and (2 how sources of value creation unfold during this transformation process. Methodology: To answer our research question, we conducted a longitudinal case study with a leading German business magazine publisher (called BIZ. Data was triangulated from multiple sources including interviews, internal documents, and direct observations. Findings: Based on our case study, we nd that BIZ used the transformation process to differentiate its online business model from its traditional print business model along several dimensions, and that BIZ’s online business model changed from an efficiency- to a complementarity- to a novelty-based model during this process. Research implications: Our findings suggest that different business model transformation phases relate to different value sources, questioning the appropriateness of value source-based approaches for classifying business models. Practical implications: The results of our case study highlight the need for online-offline business model differentiation and point to the important distinction between service and product differentiation. Originality: Our study contributes to the business model literature by applying a dynamic and holistic perspective on the link between online business model changes and unfolding value sources.

  6. Genomic breeding value estimation using nonparametric additive regression models

    Directory of Open Access Journals (Sweden)

    Solberg Trygve

    2009-01-01

    Full Text Available Abstract Genomic selection refers to the use of genomewide dense markers for breeding value estimation and subsequently for selection. The main challenge of genomic breeding value estimation is the estimation of many effects from a limited number of observations. Bayesian methods have been proposed to successfully cope with these challenges. As an alternative class of models, non- and semiparametric models were recently introduced. The present study investigated the ability of nonparametric additive regression models to predict genomic breeding values. The genotypes were modelled for each marker or pair of flanking markers (i.e. the predictors separately. The nonparametric functions for the predictors were estimated simultaneously using additive model theory, applying a binomial kernel. The optimal degree of smoothing was determined by bootstrapping. A mutation-drift-balance simulation was carried out. The breeding values of the last generation (genotyped was predicted using data from the next last generation (genotyped and phenotyped. The results show moderate to high accuracies of the predicted breeding values. A determination of predictor specific degree of smoothing increased the accuracy.

  7. Classification of customer lifetime value models using Markov chain

    Science.gov (United States)

    Permana, Dony; Pasaribu, Udjianna S.; Indratno, Sapto W.; Suprayogi

    2017-10-01

    A firm’s potential reward in future time from a customer can be determined by customer lifetime value (CLV). There are some mathematic methods to calculate it. One method is using Markov chain stochastic model. Here, a customer is assumed through some states. Transition inter the states follow Markovian properties. If we are given some states for a customer and the relationships inter states, then we can make some Markov models to describe the properties of the customer. As Markov models, CLV is defined as a vector contains CLV for a customer in the first state. In this paper we make a classification of Markov Models to calculate CLV. Start from two states of customer model, we make develop in many states models. The development a model is based on weaknesses in previous model. Some last models can be expected to describe how real characters of customers in a firm.

  8. Implementing a Value Creation Model in a Startup

    OpenAIRE

    Guillaume Marceau

    2014-01-01

    In this article, we propose a value creation model based on the principle of the chain of value in corporate management. We particularly endeavor to show the incidence of a relevant allowance of a company's resources on its profitability, by distinguishing on one hand the activities that are directly profitable and on the other hand those which have a support function. This distinction is applied to the study of a services company in computer engineering, in terms of internal balance and pote...

  9. A Model for Sustainable Value Creation in Supply Chain

    OpenAIRE

    KORDİTABAR, Seyed Behzad

    2015-01-01

    Abstract. In order to survive, every company needs to achieve sustainable profitability, which is impossible unless there is sustainable value creation. Regarding the fact that sustainability is closely related with concepts of supply chain management, the present paper intends to propose through a conceptual theorization approach a new comprehensive model drawing on concepts of value creation and sustainability from the perspective of supply chain, specifying the dimensions contributing to s...

  10. The Thomas-Fermi model: momentum expectation values

    International Nuclear Information System (INIS)

    Dmitrieva, I.K.; Plindov, G.I.

    1983-01-01

    Within the Thomas-Fermi model including the exchange interaction and contributions of strongly bound electrons, analytical expressions are obtained for all momentum expectation values and for some of the expectation values of powers of the electron density for an atom with an arbitrary degree of ionization. It is shown that a correct treatment of strongly bound electrons gives a quantitative estimate of and within 3 - 1 expansion coefficients for and are given as an explicit function of the electron number

  11. TRUST MODEL FOR SOCIAL NETWORK USING SINGULAR VALUE DECOMPOSITION

    Directory of Open Access Journals (Sweden)

    Davis Bundi Ntwiga

    2016-06-01

    Full Text Available For effective interactions to take place in a social network, trust is important. We model trust of agents using the peer to peer reputation ratings in the network that forms a real valued matrix. Singular value decomposition discounts the reputation ratings to estimate the trust levels as trust is the subjective probability of future expectations based on current reputation ratings. Reputation and trust are closely related and singular value decomposition can estimate trust using the real valued matrix of the reputation ratings of the agents in the network. Singular value decomposition is an ideal technique in error elimination when estimating trust from reputation ratings. Reputation estimation of trust is optimal at the discounting of 20 %.

  12. Continuous Spatial Process Models for Spatial Extreme Values

    KAUST Repository

    Sang, Huiyan

    2010-01-28

    We propose a hierarchical modeling approach for explaining a collection of point-referenced extreme values. In particular, annual maxima over space and time are assumed to follow generalized extreme value (GEV) distributions, with parameters μ, σ, and ξ specified in the latent stage to reflect underlying spatio-temporal structure. The novelty here is that we relax the conditionally independence assumption in the first stage of the hierarchial model, an assumption which has been adopted in previous work. This assumption implies that realizations of the the surface of spatial maxima will be everywhere discontinuous. For many phenomena including, e. g., temperature and precipitation, this behavior is inappropriate. Instead, we offer a spatial process model for extreme values that provides mean square continuous realizations, where the behavior of the surface is driven by the spatial dependence which is unexplained under the latent spatio-temporal specification for the GEV parameters. In this sense, the first stage smoothing is viewed as fine scale or short range smoothing while the larger scale smoothing will be captured in the second stage of the modeling. In addition, as would be desired, we are able to implement spatial interpolation for extreme values based on this model. A simulation study and a study on actual annual maximum rainfall for a region in South Africa are used to illustrate the performance of the model. © 2009 International Biometric Society.

  13. A Continuous-Time Model for Valuing Foreign Exchange Options

    Directory of Open Access Journals (Sweden)

    James J. Kung

    2013-01-01

    Full Text Available This paper makes use of stochastic calculus to develop a continuous-time model for valuing European options on foreign exchange (FX when both domestic and foreign spot rates follow a generalized Wiener process. Using the dollar/euro exchange rate as input for parameter estimation and employing our FX option model as a yardstick, we find that the traditional Garman-Kohlhagen FX option model, which assumes constant spot rates, values incorrectly calls and puts for different values of the ratio of exchange rate to exercise price. Specifically, it undervalues calls when the ratio is between 0.70 and 1.08, and it overvalues calls when the ratio is between 1.18 and 1.30, whereas it overvalues puts when the ratio is between 0.70 and 0.82, and it undervalues puts when the ratio is between 0.86 and 1.30.

  14. Modeling and Application of Customer Lifetime Value in Online Retail

    Directory of Open Access Journals (Sweden)

    Pavel Jasek

    2018-01-01

    Full Text Available This article provides an empirical statistical analysis and discussion of the predictive abilities of selected customer lifetime value (CLV models that could be used in online shopping within e-commerce business settings. The comparison of CLV predictive abilities, using selected evaluation metrics, is made on selected CLV models: Extended Pareto/NBD model (EP/NBD, Markov chain model and Status Quo model. The article uses six online store datasets with annual revenues in the order of tens of millions of euros for the comparison. The EP/NBD model has outperformed other selected models in a majority of evaluation metrics and can be considered good and stable for non-contractual relations in online shopping. The implications for the deployment of selected CLV models in practice, as well as suggestions for future research, are also discussed.

  15. Value increasing business model for e-hospital.

    Science.gov (United States)

    Null, Robert; Wei, June

    2009-01-01

    This paper developed a business value increasing model for electronic hospital (e-hospital) based on electronic value chain analysis. From this model, 58 hospital electronic business (e-business) solutions were developed. Additionally, this paper investigated the adoption patterns of these 58 e-business solutions within six US leading hospitals. The findings show that only 36 of 58 or 62% of the e-business solutions are fully or partially implemented within the six hospitals. Ultimately, the research results will be beneficial to managers and executives for accelerating e-business adoptions for e-hospital.

  16. Advanced empirical estimate of information value for credit scoring models

    Directory of Open Access Journals (Sweden)

    Martin Řezáč

    2011-01-01

    Full Text Available Credit scoring, it is a term for a wide spectrum of predictive models and their underlying techniques that aid financial institutions in granting credits. These methods decide who will get credit, how much credit they should get, and what further strategies will enhance the profitability of the borrowers to the lenders. Many statistical tools are avaiable for measuring quality, within the meaning of the predictive power, of credit scoring models. Because it is impossible to use a scoring model effectively without knowing how good it is, quality indexes like Gini, Kolmogorov-Smirnov statisic and Information value are used to assess quality of given credit scoring model. The paper deals primarily with the Information value, sometimes called divergency. Commonly it is computed by discretisation of data into bins using deciles. One constraint is required to be met in this case. Number of cases have to be nonzero for all bins. If this constraint is not fulfilled there are some practical procedures for preserving finite results. As an alternative method to the empirical estimates one can use the kernel smoothing theory, which allows to estimate unknown densities and consequently, using some numerical method for integration, to estimate value of the Information value. The main contribution of this paper is a proposal and description of the empirical estimate with supervised interval selection. This advanced estimate is based on requirement to have at least k, where k is a positive integer, observations of socres of both good and bad client in each considered interval. A simulation study shows that this estimate outperform both the empirical estimate using deciles and the kernel estimate. Furthermore it shows high dependency on choice of the parameter k. If we choose too small value, we get overestimated value of the Information value, and vice versa. Adjusted square root of number of bad clients seems to be a reasonable compromise.

  17. Mean Value Modelling of an SI Engine with EGR

    DEFF Research Database (Denmark)

    Føns, Michael; Muller, Martin; Chevalier, Alain

    1999-01-01

    Mean Value Engine Models (MVEMs) are simplified, dynamic engine models which are physically based. Such models are useful for control studies, for engine control system analysis and for model based control systems. Very few published MVEMs have included the effects of Exhaust Gas Recirculation (EGR......). The purpose of this paper is to present a modified MVEM which includes EGR in a physical way. It has been tested using newly developed, ver fast manifold pressure, manifold temperature, port and EGR mass flow sensores. Reasonable agreement has been obtained on an experimental engine, mounted on a dynamometer....

  18. Mean Value Engine Modelling of an SI Engine with EGR

    DEFF Research Database (Denmark)

    Føns, Michael; Müller, Martin; Chevalier, Alain

    1999-01-01

    Mean Value Engine Models (MVEMs) are simplified, dynamic engine models what are physically based. Such models are useful for control studies, for engine control system analysis and for model based engine control systems. Very few published MVEMs have included the effects of Exhaust Gas...... Recirculation (EGR). The purpose of this paper is to present a modified MVEM which includes EGR in a physical way. It has been tested using newly developed, very fast manifold pressure, manifold temperature, port and EGR mass flow sensors. Reasonable agreement has been obtained on an experimental engine...

  19. Can Participatory Action Research Create Value for Business Model Innovation?

    DEFF Research Database (Denmark)

    Sparre, Mogens; Rasmussen, Ole Horn; Fast, Alf Michael

    Innovation (BMI)?” – has been investigated from five different perspectives based upon The Business Model Cube and The Where to Look Model. Using both established and newly developed tools the paper presents how. Theory and data from two cases are presented and it is demonstrated how industry increase......Abstract: Participatory Action Research (PAR) has a longer academic history compared with the idea of business models (BMs). This paper indicates how industries gain by using the combined methodology. The research question "Can participatory action research create value for Business Model...... their monetary and/or non-monetary value creation doing BMI based upon PAR. The process is essential and using the methodology of PAR creates meaning. Behind the process, the RAR methodology and its link to BM and BMI may contribute to theory construction and creation of a common language in academia around...

  20. Creating Value Through the Freemium Business Model: A Consumer Perspective

    OpenAIRE

    Rietveld, Joost

    2016-01-01

    textabstractThis paper develops a consumer-centric framework for creating value through the freemium business model. Goods that are commercialized through the freemium business model offer basic functionality for free and monetize users for extended use or complementary features. Compared to premium goods, freemium goods have lower barriers to adoption and allow end-users to accurately assess and act on their willingness to pay. On the other hand, convincing users to spend money on freemium g...

  1. Giving the Expectancy-Value Model a Heart

    OpenAIRE

    Henning, V.; Hennig-Thurau, T.; Feiereisen, S.

    2012-01-01

    Over the past decade, research in consumer behavior has debated the role of emotion in consumer decision making intensively but has offered few attempts to integrate emotion-related findings with established theoretical frameworks. This manuscript augments the classical expectancy-value model of attitude with a dimensional model of emotion. An experiment involving 308 college students who face actual purchase decisions shows that predictions of attitudes, behavioral intentions and actual beha...

  2. Tracing the value of data for flood loss modelling

    Directory of Open Access Journals (Sweden)

    Schröter Kai

    2016-01-01

    Full Text Available Flood loss modelling is associated with considerable uncertainty. If prediction uncertainty of flood loss models is large, the reliability of model outcomes is questionable, and thus challenges the practical usefulness. A key problem in flood loss estimation is the transfer of models to geographical regions and to flood events that may differ from the ones used for model development. Variations in local characteristics and continuous system changes require regional adjustments and continuous updating with current evidence. However, acquiring data on damage influencing factors is usually very costly. Therefore, it is of relevance to assess the value of additional data in terms of model performance improvement. We use empirical flood loss data on direct damage to residential buildings available from computer aided telephone interviews that were compiled after major floods in Germany. This unique data base allows us to trace the changes in predictive model performance by incrementally extending the data base used to derive flood loss models. Two models are considered: a uni-variable stage damage function and RF-FLEMO, a multi-variable probabilistic model approach using Random Forests. Additional data are useful to improve model predictive performance and increase model reliability, however the gains also seem to depend on the model approach.

  3. Quantile uncertainty and value-at-risk model risk.

    Science.gov (United States)

    Alexander, Carol; Sarabia, José María

    2012-08-01

    This article develops a methodology for quantifying model risk in quantile risk estimates. The application of quantile estimates to risk assessment has become common practice in many disciplines, including hydrology, climate change, statistical process control, insurance and actuarial science, and the uncertainty surrounding these estimates has long been recognized. Our work is particularly important in finance, where quantile estimates (called Value-at-Risk) have been the cornerstone of banking risk management since the mid 1980s. A recent amendment to the Basel II Accord recommends additional market risk capital to cover all sources of "model risk" in the estimation of these quantiles. We provide a novel and elegant framework whereby quantile estimates are adjusted for model risk, relative to a benchmark which represents the state of knowledge of the authority that is responsible for model risk. A simulation experiment in which the degree of model risk is controlled illustrates how to quantify Value-at-Risk model risk and compute the required regulatory capital add-on for banks. An empirical example based on real data shows how the methodology can be put into practice, using only two time series (daily Value-at-Risk and daily profit and loss) from a large bank. We conclude with a discussion of potential applications to nonfinancial risks. © 2012 Society for Risk Analysis.

  4. A matrix model for valuing anesthesia service with the resource-based relative value system

    Directory of Open Access Journals (Sweden)

    Sinclair DR

    2014-10-01

    Full Text Available David R Sinclair,1 David A Lubarsky,1 Michael M Vigoda,1 David J Birnbach,1 Eric A Harris,1 Vicente Behrens,1 Richard E Bazan,1 Steve M Williams,1 Kristopher Arheart,2 Keith A Candiotti1 1Department of Anesthesiology, Perioperative Medicine and Pain Management, 2Department of Public Health Sciences, Division of Biostatistics, University of Miami Miller School of Medicine, Miami, FL, USA Background: The purpose of this study was to propose a new crosswalk using the resource-based relative value system (RBRVS that preserves the time unit component of the anesthesia service and disaggregates anesthesia billing into component parts (preoperative evaluation, intraoperative management, and postoperative evaluation. The study was designed as an observational chart and billing data review of current and proposed payments, in the setting of a preoperative holing area, intraoperative suite, and post anesthesia care unit. In total, 1,195 charts of American Society of Anesthesiology (ASA physical status 1 through 5 patients were reviewed. No direct patient interventions were undertaken. Results: Spearman correlations between the proposed RBRVS billing matrix payments and the current ASA relative value guide methodology payments were strong (r=0.94–0.96, P<0.001 for training, test, and overall. The proposed RBRVS-based billing matrix yielded payments that were 3.0%±1.34% less than would have been expected from commercial insurers, using standard rates for commercial ASA relative value units and RBRVS relative value units. Compared with current Medicare reimbursement under the ASA relative value guide, reimbursement would almost double when converting to an RBRVS billing model. The greatest increases in Medicare reimbursement between the current system and proposed billing model occurred as anesthetic management complexity increased. Conclusion: The new crosswalk correlates with existing evaluation and management and intensive care medicine codes in an

  5. A model for measuring value for money in professional sports

    Directory of Open Access Journals (Sweden)

    Vlad ROŞCA

    2013-07-01

    Full Text Available Few to almost none sports teams measure the entertainment value they provide to fans in exchange of the money the latter ones spend on admission fees. Scientific literature oversees the issue as well. The aim of this paper is to present a model that can be used for calculating value for money in the context of spectating sports. The research question asks how can value for money be conceptualized and measured for sports marketing purposes? Using financial and sporting variables, the method calculates how much money, on average, a fan had to spend for receiving quality entertainment – defined as won matches – from his favorite team, during the last season of the Romanian first division football championship. The results only partially confirm the research hypothesis, showing that not just price and sporting performances may influence the value delivered to fans, but other factors as well.

  6. Precision Modeling Of Targets Using The VALUE Computer Program

    Science.gov (United States)

    Hoffman, George A.; Patton, Ronald; Akerman, Alexander

    1989-08-01

    The 1976-vintage LASERX computer code has been augmented to produce realistic electro-optical images of targets. Capabilities lacking in LASERX but recently incorporated into its VALUE successor include: •Shadows cast onto the ground •Shadows cast onto parts of the target •See-through transparencies (e.g.,canopies) •Apparent images due both to atmospheric scattering and turbulence •Surfaces characterized by multiple bi-directional reflectance functions VALUE provides not only realistic target modeling by its precise and comprehensive representation of all target attributes, but additionally VALUE is very user friendly. Specifically, setup of runs is accomplished by screen prompting menus in a sequence of queries that is logical to the user. VALUE also incorporates the Optical Encounter (OPEC) software developed by Tricor Systems,Inc., Elgin, IL.

  7. IT Business Value Model for Information Intensive Organizations

    Directory of Open Access Journals (Sweden)

    Antonio Carlos Gastaud Maçada

    2012-01-01

    Full Text Available Many studies have highlighted the capacity Information Technology (IT has for generating value for organizations. Investments in IT made by organizations have increased each year. Therefore, the purpose of the present study is to analyze the IT Business Value for Information Intensive Organizations (IIO - e.g. banks, insurance companies and securities brokers. The research method consisted of a survey that used and combined the models from Weill and Broadbent (1998 and Gregor, Martin, Fernandez, Stern and Vitale (2006. Data was gathered using an adapted instrument containing 5 dimensions (Strategic, Informational, Transactional, Transformational and Infra-structure with 27 items. The instrument was refined by employing statistical techniques such as Exploratory and Confirmatory Factorial Analysis through Structural Equations (first and second order Model Measurement. The final model is composed of four factors related to IT Business Value: Strategic, Informational, Transactional and Transformational, arranged in 15 items. The dimension Infra-structure was excluded during the model refinement process because it was discovered during interviews that managers were unable to perceive it as a distinct dimension of IT Business Value.

  8. International Business Models Developed Through Brokerage Knowledge and Value Creation

    DEFF Research Database (Denmark)

    Petersen, Nicolaj Hannesbo; Rasmussen, Erik Stavnsager

    This paper highlights theoretically and empirically international business model decisions in networks with knowledge sharing and value creation. The paper expands the conceptual in-ternational business model framework for technology-oriented companies to include the focal firm’s network role...... and strategic fit in a global embeddedness. The brokerage role in the in-ternationalization of a network is discussed from both a theoretical and empirical point of view. From a business model and social network analysis perspective, this paper will show how firms and network grow internationally through two...

  9. Economic value added model upon conditions of banking company

    Directory of Open Access Journals (Sweden)

    Vlasta Kašparovská

    2008-01-01

    Full Text Available The content of this article is the application of the economic value added model (EVA upon the conditions of a banking company. Due to the character of banking business, which is in a different structure of financial sheet, it is not possible to use the standard model EVA for this banking company. The base of this article is the outlined of basic principles of the EVA mode in a non-banking company. Basic specified banking activity dissimilarities are analysed and a directed methodology adjustment of a model such as this, so that it is possible to use it for a banking company.

  10. Cultivating a disease management partnership: a value-chain model.

    Science.gov (United States)

    Murray, Carolyn F; Monroe, Wendy; Stalder, Sharon A

    2003-01-01

    Disease management (DM) is one of the health care industry's more innovative value-chain models, whereby multiple relationships are created to bring complex and time-sensitive services to market. The very nature of comprehensive, seamless DM provided through an outsourced arrangement necessitates a level of cooperation, trust, and synergy that may be lacking from more traditional vendor-customer relationships. This discussion highlights the experience of one health plan and its vendor partner and their approach to the development and delivery of an outsourced heart failure (HF) DM program. The program design and rollout are discussed within principles adapted from the theoretical framework of a value-chain model. Within the value-chain model, added value is created by the convergence and synergistic integration of the partners' discrete strengths. Although each partner brings unique attributes to the relationship, those attributes are significantly enhanced by the value-chain model, thus allowing each party to bring the added value of the relationship to their respective customers. This partnership increases innovation, leverages critical capabilities, and improves market responsiveness. Implementing a comprehensive, outsourced DM program is no small task. DM programs incorporate a broad array of services affecting nearly every department in a health plan's organization. When true seamless integration between multiple organizations with multiple stakeholders is the objective, implementation and ongoing operations can become even more complex. To effectively address the complexities presented by an HF DM program, the parties in this case moved beyond a typical purchaser-vendor relationship to one that is more closely akin to a strategic partnership. This discussion highlights the development of this partnership from the perspective of both organizations, as revealed through contracting and implementation activities. It is intended to provide insight into the program

  11. Assessing the value relevance of current mandatory business model disclosures

    DEFF Research Database (Denmark)

    Schaper, Stefan; Nielsen, Christian; Simoni, Lorenzo

    the model developed by Ohlson (1995). Our results show no significant association between BM disclosure and share prices. The main reason behind this finding can be associated with the low level of disclosure (i.e. the low number of value drivers disclosed on average) by companies as part of their BM......Recent regulations have introduced the requirement for large companies to disclose information about their business model (BM) in the annual reports. The objective of these disclosures is to allow external users to understand better how companies create, deliver and capture value. This study aims...... reports. Ad-hoc created disclosure indexes are based on the taxonomy of business model (BM) configurations developed by Taran et al. (2016) as well as complemented by a frame of reference based on the nice BM canvas elements from Osterwalder and Pigneur (2010). After the classification of companies...

  12. Selecting the optimal method to calculate daily global reference potential evaporation from CFSR reanalysis data for application in a hydrological model study

    Directory of Open Access Journals (Sweden)

    F. C. Sperna Weiland

    2012-03-01

    Full Text Available Potential evaporation (PET is one of the main inputs of hydrological models. Yet, there is limited consensus on which PET equation is most applicable in hydrological climate impact assessments. In this study six different methods to derive global scale reference PET daily time series from Climate Forecast System Reanalysis (CFSR data are compared: Penman-Monteith, Priestley-Taylor and original and re-calibrated versions of the Hargreaves and Blaney-Criddle method. The calculated PET time series are (1 evaluated against global monthly Penman-Monteith PET time series calculated from CRU data and (2 tested on their usability for modeling of global discharge cycles.

    A major finding is that for part of the investigated basins the selection of a PET method may have only a minor influence on the resulting river flow. Within the hydrological model used in this study the bias related to the PET method tends to decrease while going from PET, AET and runoff to discharge calculations. However, the performance of individual PET methods appears to be spatially variable, which stresses the necessity to select the most accurate and spatially stable PET method. The lowest root mean squared differences and the least significant deviations (95% significance level between monthly CFSR derived PET time series and CRU derived PET were obtained for a cell-specific re-calibrated Blaney-Criddle equation. However, results show that this re-calibrated form is likely to be unstable under changing climate conditions and less reliable for the calculation of daily time series. Although often recommended, the Penman-Monteith equation applied to the CFSR data did not outperform the other methods in a evaluation against PET derived with the Penman-Monteith equation from CRU data. In arid regions (e.g. Sahara, central Australia, US deserts, the equation resulted in relatively low PET values and, consequently, led to relatively high discharge values for dry basins (e

  13. The heuristic value of redundancy models of aging.

    Science.gov (United States)

    Boonekamp, Jelle J; Briga, Michael; Verhulst, Simon

    2015-11-01

    Molecular studies of aging aim to unravel the cause(s) of aging bottom-up, but linking these mechanisms to organismal level processes remains a challenge. We propose that complementary top-down data-directed modelling of organismal level empirical findings may contribute to developing these links. To this end, we explore the heuristic value of redundancy models of aging to develop a deeper insight into the mechanisms causing variation in senescence and lifespan. We start by showing (i) how different redundancy model parameters affect projected aging and mortality, and (ii) how variation in redundancy model parameters relates to variation in parameters of the Gompertz equation. Lifestyle changes or medical interventions during life can modify mortality rate, and we investigate (iii) how interventions that change specific redundancy parameters within the model affect subsequent mortality and actuarial senescence. Lastly, as an example of data-directed modelling and the insights that can be gained from this, (iv) we fit a redundancy model to mortality patterns observed by Mair et al. (2003; Science 301: 1731-1733) in Drosophila that were subjected to dietary restriction and temperature manipulations. Mair et al. found that dietary restriction instantaneously reduced mortality rate without affecting aging, while temperature manipulations had more transient effects on mortality rate and did affect aging. We show that after adjusting model parameters the redundancy model describes both effects well, and a comparison of the parameter values yields a deeper insight in the mechanisms causing these contrasting effects. We see replacement of the redundancy model parameters by more detailed sub-models of these parameters as a next step in linking demographic patterns to underlying molecular mechanisms. Copyright © 2015 Elsevier Inc. All rights reserved.

  14. An interval-valued reliability model with bounded failure rates

    DEFF Research Database (Denmark)

    Kozine, Igor; Krymsky, Victor

    2012-01-01

    The approach to deriving interval-valued reliability measures described in this paper is distinctive from other imprecise reliability models in that it overcomes the issue of having to impose an upper bound on time to failure. It rests on the presupposition that a constant interval-valued failure...... rate is known possibly along with other reliability measures, precise or imprecise. The Lagrange method is used to solve the constrained optimization problem to derive new reliability measures of interest. The obtained results call for an exponential-wise approximation of failure probability density...

  15. Mean Value Modelling of a Turbocharged SI Engine

    DEFF Research Database (Denmark)

    Müller, Martin; Hendricks, Elbert; Sorenson, Spencer C.

    1998-01-01

    An important paradigm for the modelling of naturallly aspirated (NA) spark ignition (SI) engines for control purposes is the Mean Value Engine Model (MVEM). Such models have a time resolution which is just sufficient to capture the main details of the dynamic performance of NA SI engines...... but not the cycle-by-cycle behavior. In principle such models are also physically based,are very compact in a mathematical sense but nevertheless can have reasonable prediction accuracy. Presently no MVEMs have been constructed for intercooled turbocharged SI engines because their complexity confounds the simple...... physical understanding and description of such engines. This paper presents a newly constructed MVEM for a turbocharged SI engine which contains the details of the compressor and turbine characteristics in a compact way. The model has been tested against the responses of an experimental engine and has...

  16. [Homeostasis model assessment (HOMA) values in Chilean elderly subjects].

    Science.gov (United States)

    Garmendia, María Luisa; Lera, Lydia; Sánchez, Hugo; Uauy, Ricardo; Albala, Cecilia

    2009-11-01

    The homeostasis assessment model for insulin resistance (HOMA-IR) estimates insulin resistance using basal insulin and glucose values and has a good concordance with values obtained with the euglycemic clamp. However it has a high variability that depends on environmental, genetic and physiologic factors. Therefore it is imperative to establish normal HOMA values in different populations. To report HOMA-IR values in Chilean elderly subjects and to determine the best cutoff point to diagnose insulin resistance. Cross sectional study of 1003 subjects older than 60 years of whom 803 (71% women) did not have diabetes. In 154 subjects, an oral glucose tolerance test was also performed. Insulin resistance (IR) was defined as the HOMA value corresponding to percentile 75 of subjects without over or underweight. The behavior of HOMA-IR in metabolic syndrome was studied and receiver operating curves (ROC) were calculated, using glucose intolerance defined as a blood glucose over 140 mg/dl and hyperinsulinemia, defined as a serum insulin over 60 microU/ml, two hours after the glucose load. Median HOMA-IR values were 1.7. Percentile 75 in subjects without obesity or underweight was 2.57. The area under the ROC curve, when comparing HOMA-IR with glucose intolerance and hyperinsulinemia, was 0.8 (95% confidence values 0.72-0.87), with HOMA-IR values ranging from 2.04 to 2.33. HOMA-IR is a useful method to determine insulin resistance in epidemiological studies. The HOMA-IR cutoff point for insulin resistance defined in thi spopulation was 2.6.

  17. Dissemination of Cultural Norms and Values: Agent-Based Modeling

    Directory of Open Access Journals (Sweden)

    Denis Andreevich Degterev

    2016-12-01

    Full Text Available This article shows how agent-based modeling allows us to explore the mechanisms of the dissemination of cultural norms and values both within one country and in the whole world. In recent years, this type of simulation is particularly prevalent in the analysis of international relations, becoming more popular than the system dynamics and discrete event simulation. The use of agent-based modeling in the analysis of international relations is connected with the agent-structure problem in international relations. Structure and agents act as interdependent and dynamically changing in the process of interaction between entities. Agent-structure interaction could be modeled by means of the theory of complex adaptive systems with the use of agent-based modeling techniques. One of the first examples of the use of agent-based modeling in political science is a model of racial segregation T. Shellinga. On the basis of this model, the author shows how the change in behavioral patterns at micro-level impacts on the macro-level. Patterns are changing due to the dynamics of cultural norms and values, formed by mass-media and other social institutes. The author shows the main areas of modern application of agent-based modeling in international studies including the analysis of ethnic conflicts, the formation of international coalitions. Particular attention is paid to Robert Axelrod approach based on the use of genetic algorithms to the spread of cultural norms and values. Agent-based modeling shows how to how to create such conditions that the norms that originally are not shared by a significant part of the population, eventually spread everywhere. Practical application of these algorithms is shown by the author of the article on the example of the situation in Ukraine in 2015-2016. The article also reveals the mechanisms of international spread of cultural norms and values. The main think-tanks using agent-based modeling in international studies are

  18. Cultural ecosystem services of mountain regions: Modelling the aesthetic value

    OpenAIRE

    Schirpke, Uta; Timmermann, Florian; Tappeiner, Ulrike; Tasser, Erich

    2016-01-01

    Mountain regions meet an increasing demand for pleasant landscapes, offering many cultural ecosystem services to both their residents and tourists. As a result of global change, land managers and policy makers are faced with changes to this landscape and need efficient evaluation techniques to assess cultural ecosystem services. This study provides a spatially explicit modelling approach to estimating aesthetic landscape values by relating spatial landscape patterns to human perceptions via a...

  19. The Deficit Model and the Forgotten Moral Values

    Directory of Open Access Journals (Sweden)

    Marko Ahteensuu

    2011-03-01

    Full Text Available This paper was presented at the first meeting of the NSU study group “Conceptions of ethical and social values in post-secular society: Towards a new ethical imagination in a cosmopolitan world society”, held on January 28-30, 2011 at Copenhagen Business School. The deficit model explains the general public’s negative attitudes towards science and/or certain scientific applications with the public’s scientific ignorance. The deficit model is commonly criticized for oversimplifying the connection between scientific knowledge and attitudes. Other relevant factors – such as ideology, social identity, trust, culture, and worldviews – should be taken into consideration to a greater extent. We argue that explanations based on the proposed factors sometimes implicitly reintroduce the deficit model type of thinking. The strength of the factors is that they broaden the explanations to concern moral issues. We analyse two central argument types of GMO discussion, and show the central role of moral values in them. Thus, as long as arguments are seen to affect the attitudes of the general public, the role of moral values should be made explicit in the explanations concerning their attitudes.

  20. Conceptual Model of Quantities, Units, Dimensions, and Values

    Science.gov (United States)

    Rouquette, Nicolas F.; DeKoenig, Hans-Peter; Burkhart, Roger; Espinoza, Huascar

    2011-01-01

    JPL collaborated with experts from industry and other organizations to develop a conceptual model of quantities, units, dimensions, and values based on the current work of the ISO 80000 committee revising the International System of Units & Quantities based on the International Vocabulary of Metrology (VIM). By providing support for ISO 80000 in SysML via the International Vocabulary of Metrology (VIM), this conceptual model provides, for the first time, a standard-based approach for addressing issues of unit coherence and dimensional analysis into the practice of systems engineering with SysML-based tools. This conceptual model provides support for two kinds of analyses specified in the International Vocabulary of Metrology (VIM): coherence of units as well as of systems of units, and dimension analysis of systems of quantities. To provide a solid and stable foundation, the model for defining quantities, units, dimensions, and values in SysML is explicitly based on the concepts defined in VIM. At the same time, the model library is designed in such a way that extensions to the ISQ (International System of Quantities) and SI Units (Systeme International d Unites) can be represented, as well as any alternative systems of quantities and units. The model library can be used to support SysML user models in various ways. A simple approach is to define and document libraries of reusable systems of units and quantities for reuse across multiple projects, and to link units and quantity kinds from these libraries to Unit and QuantityKind stereotypes defined in SysML user models.

  1. Confirming the Value of Swimming-Performance Models for Adolescents.

    Science.gov (United States)

    Dormehl, Shilo J; Robertson, Samuel J; Barker, Alan R; Williams, Craig A

    2017-10-01

    To evaluate the efficacy of existing performance models to assess the progression of male and female adolescent swimmers through a quantitative and qualitative mixed-methods approach. Fourteen published models were tested using retrospective data from an independent sample of Dutch junior national-level swimmers from when they were 12-18 y of age (n = 13). The degree of association by Pearson correlations was compared between the calculated differences from the models and quadratic functions derived from the Dutch junior national qualifying times. Swimmers were grouped based on their differences from the models and compared with their swimming histories that were extracted from questionnaires and follow-up interviews. Correlations of the deviations from both the models and quadratic functions derived from the Dutch qualifying times were all significant except for the 100-m breaststroke and butterfly and the 200-m freestyle for females (P motivation appeared to be synonymous with higher-level career performance. This mixed-methods approach helped confirm the validity of the models that were found to be applicable to adolescent swimmers at all levels, allowing coaches to track performance and set goals. The value of the models in being able to account for the expected performance gains during adolescence enables quantification of peripheral factors that could affect performance.

  2. Modeling the Pineapple Express phenomenon via Multivariate Extreme Value Theory

    Science.gov (United States)

    Weller, G.; Cooley, D. S.

    2011-12-01

    The pineapple express (PE) phenomenon is responsible for producing extreme winter precipitation events in the coastal and mountainous regions of the western United States. Because the PE phenomenon is also associated with warm temperatures, the heavy precipitation and associated snowmelt can cause destructive flooding. In order to study impacts, it is important that regional climate models from NARCCAP are able to reproduce extreme precipitation events produced by PE. We define a daily precipitation quantity which captures the spatial extent and intensity of precipitation events produced by the PE phenomenon. We then use statistical extreme value theory to model the tail dependence of this quantity as seen in an observational data set and each of the six NARCCAP regional models driven by NCEP reanalysis. We find that most NCEP-driven NARCCAP models do exhibit tail dependence between daily model output and observations. Furthermore, we find that not all extreme precipitation events are pineapple express events, as identified by Dettinger et al. (2011). The synoptic-scale atmospheric processes that drive extreme precipitation events produced by PE have only recently begun to be examined. Much of the current work has focused on pattern recognition, rather than quantitative analysis. We use daily mean sea-level pressure (MSLP) fields from NCEP to develop a "pineapple express index" for extreme precipitation, which exhibits tail dependence with our observed precipitation quantity for pineapple express events. We build a statistical model that connects daily precipitation output from the WRFG model, daily MSLP fields from NCEP, and daily observed precipitation in the western US. Finally, we use this model to simulate future observed precipitation based on WRFG output driven by the CCSM model, and our pineapple express index derived from future CCSM output. Our aim is to use this model to develop a better understanding of the frequency and intensity of extreme

  3. Value of the distant future: Model-independent results

    Science.gov (United States)

    Katz, Yuri A.

    2017-01-01

    This paper shows that the model-independent account of correlations in an interest rate process or a log-consumption growth process leads to declining long-term tails of discount curves. Under the assumption of an exponentially decaying memory in fluctuations of risk-free real interest rates, I derive the analytical expression for an apt value of the long run discount factor and provide a detailed comparison of the obtained result with the outcome of the benchmark risk-free interest rate models. Utilizing the standard consumption-based model with an isoelastic power utility of the representative economic agent, I derive the non-Markovian generalization of the Ramsey discounting formula. Obtained analytical results allowing simple calibration, may augment the rigorous cost-benefit and regulatory impact analysis of long-term environmental and infrastructure projects.

  4. Genomic value prediction for quantitative traits under the epistatic model

    Directory of Open Access Journals (Sweden)

    Xu Shizhong

    2011-01-01

    Full Text Available Abstract Background Most quantitative traits are controlled by multiple quantitative trait loci (QTL. The contribution of each locus may be negligible but the collective contribution of all loci is usually significant. Genome selection that uses markers of the entire genome to predict the genomic values of individual plants or animals can be more efficient than selection on phenotypic values and pedigree information alone for genetic improvement. When a quantitative trait is contributed by epistatic effects, using all markers (main effects and marker pairs (epistatic effects to predict the genomic values of plants can achieve the maximum efficiency for genetic improvement. Results In this study, we created 126 recombinant inbred lines of soybean and genotyped 80 makers across the genome. We applied the genome selection technique to predict the genomic value of somatic embryo number (a quantitative trait for each line. Cross validation analysis showed that the squared correlation coefficient between the observed and predicted embryo numbers was 0.33 when only main (additive effects were used for prediction. When the interaction (epistatic effects were also included in the model, the squared correlation coefficient reached 0.78. Conclusions This study provided an excellent example for the application of genome selection to plant breeding.

  5. Modeling Value Chain Analysis of Distance Education using UML

    Science.gov (United States)

    Acharya, Anal; Mukherjee, Soumen

    2010-10-01

    Distance education continues to grow as a methodology for the delivery of course content in higher education in India as well as abroad. To manage this growing demand and to provide certain flexibility, there must be certain strategic planning about the use of ICT tools. Value chain analysis is a framework for breaking down the sequence of business functions into a set of activities through which utility could be added to service. Thus it can help to determine the competitive advantage that is enjoyed by an institute. To implement these business functions certain visual representation is required. UML allows for this representation by using a set of structural and behavioral diagrams. In this paper, the first section defines a framework for value chain analysis and highlights its advantages. The second section gives a brief overview of related work in this field. The third section gives a brief discussion on distance education. The fourth section very briefly introduces UML. The fifth section models value chain of distance education using UML. Finally we discuss the limitations and the problems posed in this domain.

  6. The European Model of Sport: Values, Rules and Interests

    Directory of Open Access Journals (Sweden)

    Zuev V.

    2018-03-01

    Full Text Available Recent transformations in the ways that modern sport is managed have fundamentally changed its role in society; previously a simple form of leisure activity and health promotion, sport has become a complex phenomenon and a multibillion dollar business. The combination of sociocultural and economic dimensions makes sport an important tool for the promotion of interests. A leading role in the development of sport throughout history gives the European Union (EU an advantage in setting the rules for its management, while the size of the sports market in Europe further facilitates the EU’s leading role in developing the regulatory basis in this field. The sports model developed by EU institutions plays an important role in the deepening of regional integration processes, promoting the European model outside the region and also the EU’s transformation into one of the drivers of the development of the global sports management system. The goal of this article is to identify the specificities of the European model of sport, the instruments and resources used by the EU to promote European values in this field and the universal features of the European approach that make it applicable in other regions. The analysis shows that the EU actively promotes its values, norms and interests by entrenching them into the European sport model and then promoting this model to other countries and regions. Practices and norms developed in the European context are being actively transferred to the international level. Sport, and especially football which is the most popular and among the most profitable sports, has become another area in which European management practices demonstrate their consistency and are being actively applied at the global level. The spread of the European sports model is facilitated by the “spillover” of EU law to the organizations and institutions in which it participates. The EU model is promoted through soft power supported by the

  7. Developing the Value Management Maturity Model (VM3©

    Directory of Open Access Journals (Sweden)

    Saipol Bari Abd Karim

    2013-06-01

    Full Text Available Value management (VM practices have been expanded and became a well-received technique globally. Organisations are now progressing towards a better implementation of VM and should be assessing their strengths and weaknesses in order to move forward competitively. There is a need to benchmark the existing VM practices to reflect their maturing levels which is currently not available. This paper outlines the concept of Value Management Maturity Model (VM3' as a structured plan of maturity and performance growth for businesses. It proposes five levels of maturity and each level has its own criteria or attributes to be achieved before progressing to a higher level. The framework for VM3' has been developed based on the review of literatures related to VM and maturity models (MM. Data is collected through questionnaire surveys to organisations that have implemented VM methodology. Additionally, semi-structured interviews were conducted to select individuals involved in implementing VM. The questions were developed to achieve the research objectives; investigating the current implementation of VM and, exploring the organisation's MM knowledge and practices. However, this research was limited to VM implementation in the Malaysian government's projects and programmes. VM3' introduces a new paradigm in VM as it provides a rating method for capabilities or performance. It is advocated that this VM3' framework is still being refined in the advance stage in order to provide a comprehensive and well accepted method to provide ratings for organisations' maturity.

  8. Value creation in the cloud: understanding business model factors affecting value of cloud computing

    OpenAIRE

    Morgan, Lorraine; Conboy, Kieran

    2013-01-01

    peer-reviewed Despite the rapid emergence of cloud technology, its prevalence and accessibility to all types of organizations and its potential to predominantly shift competitive landscapes by providing a new platform for creating and delivering business value, empirical research on the business value of cloud computing, and in particular how service providers create value for their customers, is quite limited. Of what little research exists to date, most focuses on technical issu...

  9. On valuing information in adaptive-management models.

    Science.gov (United States)

    Moore, Alana L; McCarthy, Michael A

    2010-08-01

    Active adaptive management looks at the benefit of using strategies that may be suboptimal in the near term but may provide additional information that will facilitate better management in the future. In many adaptive-management problems that have been studied, the optimal active and passive policies (accounting for learning when designing policies and designing policy on the basis of current best information, respectively) are very similar. This seems paradoxical; when faced with uncertainty about the best course of action, managers should spend very little effort on actively designing programs to learn about the system they are managing. We considered two possible reasons why active and passive adaptive solutions are often similar. First, the benefits of learning are often confined to the particular case study in the modeled scenario, whereas in reality information gained from local studies is often applied more broadly. Second, management objectives that incorporate the variance of an estimate may place greater emphasis on learning than more commonly used objectives that aim to maximize an expected value. We explored these issues in a case study of Merri Creek, Melbourne, Australia, in which the aim was to choose between two options for revegetation. We explicitly incorporated monitoring costs in the model. The value of the terminal rewards and the choice of objective both influenced the difference between active and passive adaptive solutions. Explicitly considering the cost of monitoring provided a different perspective on how the terminal reward and management objective affected learning. The states for which it was optimal to monitor did not always coincide with the states in which active and passive adaptive management differed. Our results emphasize that spending resources on monitoring is only optimal when the expected benefits of the options being considered are similar and when the pay-off for learning about their benefits is large.

  10. RETHINKING VALUE: A VALUE-CENTRIC MODEL OF PRODUCT, SERVICE AND BUSINESS DEVELOPMENT

    DEFF Research Database (Denmark)

    Randmaa, Merili; Mougaard, Krestine; Howard, Thomas J.

    2011-01-01

    Globalization and information technologies have made the economical landscape more transparent and customers smarter, more demanding and networked. Companies can see these changes as a threat to their business or as an opportunity to differentiate in the market and be a Prime Mover, by re......-thinking customer value within the value system. This article shows how the term “value” is understood in different contexts and fields of economy, to see if these definitions can be merged, in order to understand the concept of value in broader way. The authors argue through literature review and example cases...

  11. Improved gap conductance model for the TRAC code

    International Nuclear Information System (INIS)

    Hatch, S.W.; Mandell, D.A.

    1980-01-01

    The purpose of the present work, as indicated earlier, is to improve the present constant fuel clad spacing in TRAC-P1A without significantly increasing the computer costs. It is realized that the simple model proposed may not be accurate enough for some cases, but for the initial calculations made the DELTAR model improves the predictions over the constant Δr results of TRAC-P1A and the additional computing costs are negligible

  12. A Review of the Wood Pellet Value Chain, Modern Value/Supply Chain Management Approaches, and Value/Supply Chain Models

    Directory of Open Access Journals (Sweden)

    Natalie M. Hughes

    2014-01-01

    Full Text Available We reviewed 153 peer-reviewed sources to provide identification of modern supply chain management techniques and exploration of supply chain modeling, to offer decision support to managers. Ultimately, the review is intended to assist member-companies of supply chains, mainly producers, improve their current management approaches, by directing them to studies that may be suitable for direct application to their supply chains and value chains for improved efficiency and profitability. We found that information on supply chain management and modeling techniques in general is available. However, few Canadian-based published studies exist regarding a demand-driven modeling approach to value/supply chain management for wood pellet production. Only three papers were found specifically on wood pellet value chain analysis. We propose that more studies should be carried out on the value chain of wood pellet manufacturing, as well as demand-driven management and modeling approaches with improved demand forecasting methods.

  13. Replacement Value - Representation of Fair Value in Accounting. Techniques and Modeling Suitable for the Income Based Approach

    OpenAIRE

    Manea Marinela – Daniela

    2011-01-01

    The term fair value is spread within the sphere of international standards without reference to any detailed guidance on how to apply. However, specialized tangible assets, which are rarely sold, the rule IAS 16 "Intangible assets " makes it possible to estimate fair value using an income approach or a replacement cost or depreciation. The following material is intended to identify potential modeling of fair value as an income-based approach, appealing to techniques used by professional evalu...

  14. Satisfaction Attainment Theory as a Model for Value Creation

    NARCIS (Netherlands)

    R.O. Briggs; S. Qureshi (Sadja); B. Reinig

    2004-01-01

    textabstractOrganizations exist to create value for their stakeholders that stakeholders cannot create through individual effort. Information systems exist to increase an organization’s ability to create value using intellectual capital. A theoretical explanation of value might therefore be useful

  15. A General Model of Organizational Values in Educational Administration

    Science.gov (United States)

    Mueller, Robin Alison

    2014-01-01

    Values theorists in educational administration agree that understanding organizational values is integral to organizational effectiveness. However, research in this area tends to be superficial, and a review of pertinent literature reveals no clear definition of organizational values or consequent implications for practical application. One of the…

  16. Counseling Psychology Model Training Values Statement Addressing Diversity

    Science.gov (United States)

    Counseling Psychologist, 2009

    2009-01-01

    Respect for diversity and for values different from one's own is a central value of counseling psychology training programs. The valuing of diversity is also consistent with the profession of psychology as mandated by the American Psychological Association's (APA's) Ethical Principles and Code of Conduct and as discussed in the Guidelines and…

  17. Modeling agent's preferences by its designer's social value orientation

    Science.gov (United States)

    Zuckerman, Inon; Cheng, Kan-Leung; Nau, Dana S.

    2018-03-01

    Human social preferences have been shown to play an important role in many areas of decision-making. There is evidence from the social science literature that human preferences in interpersonal interactions depend partly on a measurable personality trait called, Social Value Orientation (SVO). Automated agents are often written by humans to serve as their delegates when interacting with other agents. Thus, one might expect an agent's behaviour to be influenced by the SVO of its human designer. With that in mind, we present the following: first, we explore, discuss and provide a solution to the question of how SVO tests that were designed for humans can be used to evaluate agents' social preferences. Second, we show that in our example domain there is a medium-high positive correlation between the social preferences of agents and their human designers. Third, we exemplify how the SVO information of the designer can be used to improve the performance of some other agents playing against those agents, and lastly, we develop and exemplify the behavioural signature SVO model which allows us to better predict performances when interactions are repeated and behaviour is adapted.

  18. Company Value with Ruin Constraint in a Discrete Model

    Directory of Open Access Journals (Sweden)

    Christian Hipp

    2018-01-01

    Full Text Available Optimal dividend payment under a ruin constraint is a two objective control problem which—in simple models—can be solved numerically by three essentially different methods. One is based on a modified Bellman equation and the policy improvement method (see Hipp (2003. In this paper we use explicit formulas for running allowed ruin probabilities which avoid a complete search and speed up and simplify the computation. The second is also a policy improvement method, but without the use of a dynamic equation (see Hipp (2016. It is based on closed formulas for first entry probabilities and discount factors for the time until first entry. Third a new, faster and more intuitive method which uses appropriately chosen barrier levels and a closed formula for the corresponding dividend value. Using the running allowed ruin probabilities, a simple test for admissibility—concerning the ruin constraint—is given. All these methods work for the discrete De Finetti model and are applied in a numerical example. The non stationary Lagrange multiplier method suggested in Hipp (2016, Section 2.2.2, also yields optimal dividend strategies which differ from those in all other methods, and Lagrange gaps are present here.

  19. Understanding Business Strategies of Networked Value Constellations Using Goal- and Value Modeling

    NARCIS (Netherlands)

    Gordijn, Jaap; Petit, Michael; Wieringa, Roelf J.

    2006-01-01

    In goal-oriented requirements engineering (GORE), one usually proceeds from a goal analysis to a requirements specification, usually of IT systems. In contrast, we consider the use of GORE for the design of IT-enabled value constellations, which are collections of enterprises that jointly satisfy a

  20. E-governmental value chain models : E-government from a business (modelling) perspective

    NARCIS (Netherlands)

    Wassenaar, Arjen

    2000-01-01

    The paper considers electronic governmental activities from a business perspective, resulting in a so-called governmental value chain model. This model aims to support practitioners for better understanding and realisation of joint organisational and information system innovations in the public

  1. Conceptual model for decomposing the value for the customer

    OpenAIRE

    Nicola, Susana; Ferreira, Eduarda Pinto; Ferreira, João José Pinto

    2012-01-01

    Value has been defined in different theoretical contexts as need, desire, interest, standard /criteria, beliefs, attitudes, and preferences. The creation of value is key to any business, and any business activity is about exchanging some tangible and/or intangible good or service and having its value accepted and rewarded by customers or clients, either inside the enterprise or collaborative network or outside. “Perhaps surprising then is that firms often do not know how to define...

  2. Mathematical Modeling Activities as a Useful Tool for Values Education

    Science.gov (United States)

    Doruk, Bekir Kursat

    2012-01-01

    Values education is crucial since it is one of the factors to reach success in education in broader sense and in mathematics education in particular sense. It is also important for educating next generations of societies. However, previous research showed that expected importance for values education was not given in Mathematics courses. In a few…

  3. Computational Techniques for Model Predictive Control of Large-Scale Systems with Continuous-Valued and Discrete-Valued Inputs

    Directory of Open Access Journals (Sweden)

    Koichi Kobayashi

    2013-01-01

    Full Text Available We propose computational techniques for model predictive control of large-scale systems with both continuous-valued control inputs and discrete-valued control inputs, which are a class of hybrid systems. In the proposed method, we introduce the notion of virtual control inputs, which are obtained by relaxing discrete-valued control inputs to continuous variables. In online computation, first, we find continuous-valued control inputs and virtual control inputs minimizing a cost function. Next, using the obtained virtual control inputs, only discrete-valued control inputs at the current time are computed in each subsystem. In addition, we also discuss the effect of quantization errors. Finally, the effectiveness of the proposed method is shown by a numerical example. The proposed method enables us to reduce and decentralize the computation load.

  4. Holistic oil field value management: using system dynamics for 'intermediate level' and 'value-based' modelling in the oil industry

    International Nuclear Information System (INIS)

    Corben, D.; Stevenson, R.; Wolstenholme, E.F.

    1999-01-01

    System dynamics has been seen primarily as a strategic tool, most effectively used at the highest level of strategy to identify robust policy interventions under a wide range of scenarios. However, an alternative, complementary and powerful role is emerging. This is at an 'intermediate level' in organisations to coordinate and integrate policies across the value chain. It is at this level where business value, as defined by the discounted value of future free cash flow, is both created and destroyed. This paper introduces the need for 'intermediate-level' and 'value-based' modelling and emphasises the natural role of system dynamics in supporting a methodology to fulfil the need. It describes the development of an approach and its application in the oil industry to coordinate the response of people and tools within operational, financial and commercial functions across the value chain to address a variety of problems and issues. (author)

  5. Value at Risk models for Energy Risk Management

    OpenAIRE

    Novák, Martin

    2010-01-01

    The main focus of this thesis lies on description of Risk Management in context of Energy Trading. The paper will predominantly discuss Value at Risk and its modifications as a main overall indicator of Energy Risk.

  6. Conceptual Model of Business Value of Business Intelligence Systems

    OpenAIRE

    Popovič, Aleš; Turk, Tomaž; Jaklič, Jurij

    2010-01-01

    With advances in the business intelligence area, there is an increasing interest for the introduction of business intelligence systems into organizations. Although the opinion about business intelligence and its creation of business value is generally accepted, economic justification of investments into business intelligence systems is not always clear. Measuring the business value of business intelligence in practice is often not carried out due to the lack of measurement methods and resourc...

  7. Value, What Value? University Business Model in Pursuit of Advanced Internationalization

    DEFF Research Database (Denmark)

    Juho, Anita; Turcan, Romeo V.

    Through business model theoretical lenses, we explore in this paper issues and challenges universities face in their pursuit of advanced internationalization entries into foreign markets. The context of this paper is defined by universities from developed countries entering developing or emerging...... countries via foreign direct investment entry modes, such as joint ventures, acquisitions, green field or brown field investments. This is a theoretical paper. We draw on a number of sources of data to conceptualise issues and challenges universities face in their pursuit of advanced internationalization...... entries into foreign markets. First, we build on university autonomy, international business and business model theories to conceptualise the phenomenon of interest. Second, we analyse publicly available data, anecdotal evidence where the phenomenon we study is explicitly observable. The above theoretical...

  8. Changing, priming, and acting on values: Effects via motivational relations in a circular model

    OpenAIRE

    Maio, Gregory R.; Pakizeh, Ali; Cheung, Wing-Yee; Rees, Kerry J.

    2009-01-01

    Circular models of values and goals suggest that some motivational aims are consistent with each other, some oppose each other, and others are orthogonal to each other. The present experiments tested this idea explicitly by examining how value confrontation and priming methods influence values and value-consistent behaviors throughout the entire value system. Experiment 1 revealed that change in 1 set of social values causes motivationally compatible values to increase in importance, whereas ...

  9. Estimating net present value variability for deterministic models

    NARCIS (Netherlands)

    van Groenendaal, W.J.H.

    1995-01-01

    For decision makers the variability in the net present value (NPV) of an investment project is an indication of the project's risk. So-called risk analysis is one way to estimate this variability. However, risk analysis requires knowledge about the stochastic character of the inputs. For large,

  10. Value, search, persistence and model updating in anterior cingulate cortex

    NARCIS (Netherlands)

    Kolling, N.; Wittmann, M.K.; Behrens, T.E.J.; Boorman, E.D.; Mars, R.B.; Rushworth, M.F.S.

    2016-01-01

    Dorsal anterior cingulate cortex (dACC) carries a wealth of value-related information necessary for regulating behavioral flexibility and persistence. It signals error and reward events informing decisions about switching or staying with current behavior. During decision-making, it encodes the

  11. Teaching Time Value of Money Using an Excel Retirement Model

    Science.gov (United States)

    Arellano, Fernando; Mulig, Liz; Rhame, Susan

    2012-01-01

    The time value of money (TVM) is required knowledge for all business students. It is traditionally taught in finance and accounting classes for use in various applications in the business curriculum. These concepts are also very useful in real life situations such as calculating the amount to save for retirement. This paper details a retirement…

  12. Value-Driven Risk Analysis of Coordination Models

    NARCIS (Netherlands)

    Ionita, Dan; Gordijn, Jaap; Yesuf, Ahmed Seid; Wieringa, Roelf J.

    2016-01-01

    Coordination processes are business processes that involve independent profit-and-loss responsible business actors who collectively provide something of value to a customer. Coordination processes are meant to be profitable for the business actors that execute them. However, because business actors

  13. Requirements for Logical Models for Value-Added Tax Legislation

    DEFF Research Database (Denmark)

    Nielsen, Morten Ib; Simonsen, Jakob Grue; Larsen, Ken Friis

    Enterprise resource planning (ERP) systems are ubiquitous in commercial enterprises of all sizes and invariably need to account for the notion of value-added tax (VAT). The legal and technical difficulties in handling VAT are exacerbated by spanning a broad and chaotic spectrum of intricate country...

  14. Note on Integer-Valued Bilinear Time Series Models

    NARCIS (Netherlands)

    Drost, F.C.; van den Akker, R.; Werker, B.J.M.

    2007-01-01

    Summary. This note reconsiders the nonnegative integer-valued bilinear processes introduced by Doukhan, Latour, and Oraichi (2006). Using a hidden Markov argument, we extend their result of the existence of a stationary solution for the INBL(1,0,1,1) process to the class of superdiagonal INBL(p; q;

  15. Forecasting the value-at-risk of Chinese stock market using the HARQ model and extreme value theory

    Science.gov (United States)

    Liu, Guangqiang; Wei, Yu; Chen, Yongfei; Yu, Jiang; Hu, Yang

    2018-06-01

    Using intraday data of the CSI300 index, this paper discusses value-at-risk (VaR) forecasting of the Chinese stock market from the perspective of high-frequency volatility models. First, we measure the realized volatility (RV) with 5-minute high-frequency returns of the CSI300 index and then model it with the newly introduced heterogeneous autoregressive quarticity (HARQ) model, which can handle the time-varying coefficients of the HAR model. Second, we forecast the out-of-sample VaR of the CSI300 index by combining the HARQ model and extreme value theory (EVT). Finally, using several popular backtesting methods, we compare the VaR forecasting accuracy of HARQ model with other traditional HAR-type models, such as HAR, HAR-J, CHAR, and SHAR. The empirical results show that the novel HARQ model can beat other HAR-type models in forecasting the VaR of the Chinese stock market at various risk levels.

  16. Efficient Multi-Valued Bounded Model Checking for LTL over Quasi-Boolean Algebras

    OpenAIRE

    Andrade, Jefferson O.; Kameyama, Yukiyoshi

    2012-01-01

    Multi-valued Model Checking extends classical, two-valued model checking to multi-valued logic such as Quasi-Boolean logic. The added expressivity is useful in dealing with such concepts as incompleteness and uncertainty in target systems, while it comes with the cost of time and space. Chechik and others proposed an efficient reduction from multi-valued model checking problems to two-valued ones, but to the authors' knowledge, no study was done for multi-valued bounded model checking. In thi...

  17. Business modelling revisited: The configuration of control and value

    NARCIS (Netherlands)

    Ballon, P.J.P.

    2007-01-01

    Purpose - This paper aims to provide a theoretically grounded framework for designing and analysing business models for (mobile) information communication technology (ICT) services and systems. Design/methodology/approach - The paper reviews the most topical literature on business modelling, as well

  18. Adding Value to Ecological Risk Assessment with Population Modeling

    DEFF Research Database (Denmark)

    Forbes, Valery E.; Calow, Peter; Grimm, Volker

    2011-01-01

    population models can provide a powerful basis for expressing ecological risks that better inform the environmental management process and thus that are more likely to be used by managers. Here we provide at least five reasons why population modeling should play an important role in bridging the gap between...

  19. Modeling data revisions : Measurement error and dynamics of "true" values

    NARCIS (Netherlands)

    Jacobs, Jan P. A. M.; van Norden, Simon

    Policy makers must base their decisions on preliminary and partially revised data of varying reliability. Realistic modeling of data revisions is required to guide decision makers in their assessment of current and future conditions. This paper provides a new framework with which to model data

  20. Heavy traffic analysis of polling models by mean value analysis

    NARCIS (Netherlands)

    Mei, van der R.D.; Winands, E.M.M.

    2008-01-01

    In this paper we present a new approach to derive heavy-traffic asymptotics for polling models. We consider the classical cyclic polling model with exhaustive or gated service at each queue, and with general service-time and switch-over time distributions, and study its behavior when the load tends

  1. Mean Value SI Engine Model for Control Studies

    DEFF Research Database (Denmark)

    Hendricks, Elbert; Sorenson, Spencer C

    1990-01-01

    This paper presents a mathematically simple nonlinear three state (three differential equation) dynamic model of an SI engine which has the same steady state accuracy as a typical dynamometer measurement of the engine over its entire speed/load operating range (± 2.0%). The model's accuracy...... for large, fast transients is of the same order in the same operating region. Because the model is mathematically compact, it has few adjustable parameters and is thus simple to fit to a given engine either on the basis of measurements or given the steady state results of a larger cycle simulation package....... The model can easily be run on a Personal Computer (PC) using a ordinary differential equation (ODE) integrating routine or package. This makes the model is useful for control system design and evaluation....

  2. MODELS OF APPLICATION ECONOMIC VALUE ADDED IN AUTOMOTIVE COMPANY

    Directory of Open Access Journals (Sweden)

    Eva MALICHOVA

    2017-09-01

    Full Text Available Enterprises are currently trying to bring new technologies into production and use new procedures and recommendations in various management activities. However, they should not forget to change their approach to the evaluation of the results achieved and focus on the use of modern methods of performance evaluation and prove to apply them in their enterprises. The aim of this paper is to point out several variants of the calculation of Economic value added (EVA indicator, define the possibilities to apply EVA methods to the conditions of enterprises in the Slovak Republic and the need to adjust data providing financial statements and data for current accounts. Application of economic value added should be able to contribute to changes in the views of the owners and managers of enterprises in the Slovak republic for use not only as financial indicators.

  3. Value of using remotely sensed evapotranspiration for SWAT model calibration

    Science.gov (United States)

    Hydrologic models are useful management tools for assessing water resources solutions and estimating the potential impact of climate variation scenarios. A comprehensive understanding of the water budget components and especially the evapotranspiration (ET) is critical and often overlooked for adeq...

  4. Generalized Extreme Value model with Cyclic Covariate Structure ...

    Indian Academy of Sciences (India)

    48

    enhances the estimation of the return period; however, its application is ...... Cohn T A and Lins H F 2005 Nature's style: Naturally trendy; GEOPHYSICAL ..... Final non-stationary GEV models with covariate structures shortlisted based on.

  5. Investments in the LNG Value Chain: A Multistage Stochastic Optimization Model focusing on Floating Liquefaction Units

    OpenAIRE

    Røstad, Lars Dybsjord; Erichsen, Jeanette Christine

    2012-01-01

    In this thesis, we have developed a strategic optimization model of investments in infrastructure in the LNG value chain. The focus is on floating LNG production units: when they are a viable solution and what value they add to the LNG value chain. First a deterministic model is presented with focus on describing the value chain, before it is expanded to a multistage stochastic model with uncertain field sizes and gas prices. The objective is to maximize expected discounted profits through op...

  6. Evaluating the value chain model for service organisational strategy: International hotels.

    OpenAIRE

    Choi, Keetag.

    2000-01-01

    Strategic models like Porter's (1985) value chain have not been fully evaluated in the strategy literature and applied to all industries. To theoretically redefine the value chain technique, this research evaluates the value chain's use with various strategic issues by applying it to a specific aspect in the service field, namely the hotel industry. The study defines five key questions by which to evaluate a strategic model and the value chain model is examined using them. This research is a ...

  7. Model-Checking of Linear-Time Properties in Multi-Valued Systems

    OpenAIRE

    Li, Yongming; Droste, Manfred; Lei, Lihui

    2012-01-01

    In this paper, we study model-checking of linear-time properties in multi-valued systems. Safety property, invariant property, liveness property, persistence and dual-persistence properties in multi-valued logic systems are introduced. Some algorithms related to the above multi-valued linear-time properties are discussed. The verification of multi-valued regular safety properties and multi-valued $\\omega$-regular properties using lattice-valued automata are thoroughly studied. Since the law o...

  8. Real estate value prediction using multivariate regression models

    Science.gov (United States)

    Manjula, R.; Jain, Shubham; Srivastava, Sharad; Rajiv Kher, Pranav

    2017-11-01

    The real estate market is one of the most competitive in terms of pricing and the same tends to vary significantly based on a lot of factors, hence it becomes one of the prime fields to apply the concepts of machine learning to optimize and predict the prices with high accuracy. Therefore in this paper, we present various important features to use while predicting housing prices with good accuracy. We have described regression models, using various features to have lower Residual Sum of Squares error. While using features in a regression model some feature engineering is required for better prediction. Often a set of features (multiple regressions) or polynomial regression (applying a various set of powers in the features) is used for making better model fit. For these models are expected to be susceptible towards over fitting ridge regression is used to reduce it. This paper thus directs to the best application of regression models in addition to other techniques to optimize the result.

  9. Has the Deliberative Model of Democracy an epistemic value?

    Directory of Open Access Journals (Sweden)

    Roberto García

    2013-07-01

    Full Text Available Deliberative democracy is a normative ideal of democracy. This model is a proposal for the regeneration of the legitimacy of our institutions, but also a mechanism for decision making. It is based on two different dimensions: a procedural dimension where the model demands the inclusion and an equal capacity to influence the final decision of all those affected (Cohen, 1989; Bohman, 1996; Habermas, 1992 ... and a substantive dimension where the political decisions are made through a collective procedure of argumentation and public discussion. If these conditions are recognized, the decisions will be more rational and better decisions. This paper has two aims. First I will present the key elements of this epistemic conception of political legitimacy. Second I will show the challenges it faces. On a one hand, the counterfactual of many of its postulates and on the other, the obvious problems of bias consensualist of this model.

  10. MODEL PENENTUAN HARGA SAHAM: PENGUJIAN CAPITAL ASSET PRICING MODEL MELALUI PENGUJIAN ECONOMIC VALUE ADDED

    Directory of Open Access Journals (Sweden)

    Suripto Suripto

    2017-03-01

    Full Text Available This research tested the influence of characteristics of the firms and of EVA (Eco-nomic Value Added to stock of returns. This Research sample was company Self-100 ValueCreator of year 2001 until 2006. Result of research indicated that company size measure,profitability, capital structure (characteristics of the firms and EVA by stimulant had aneffect on significant to stock of returns, but by partial only characteristics company. Condi-tion of company fundamentals had an effect on significance to stock of returns. This indica-tion that investor still considered factors of fundamentals was having investment. EVA didnot have an effect on significant to stock of returns. This finding indicated that Model deter-mination of stock of returns (CAPM Irrelevant determined the level of EVA and also indicatedthat CAPM (Capital Assets Pricing Model was not relevant in determining stock of returns inIndonesian Stock Exchange.

  11. Determining input values for a simple parametric model to estimate ...

    African Journals Online (AJOL)

    Estimating soil evaporation (Es) is an important part of modelling vineyard evapotranspiration for irrigation purposes. Furthermore, quantification of possible soil texture and trellis effects is essential. Daily Es from six topsoils packed into lysimeters was measured under grapevines on slanting and vertical trellises, ...

  12. The heuristic value of redundancy models of aging

    NARCIS (Netherlands)

    Boonekamp, Jelle J.; Briga, Michael; Verhulst, Simon

    Molecular studies of aging aim to unravel the cause(s) of aging bottom-up, but linking these mechanisms to organismal level processes remains a challenge. We propose that complementary top-down data-directed modelling of organismal level empirical findings may contribute to developing these links.

  13. The heuristic value of redundancy models of aging

    NARCIS (Netherlands)

    Boonekamp, Jelle J.; Briga, Michael; Verhulst, Simon

    2015-01-01

    Molecular studies of aging aim to unravel the cause(s) of aging bottom-up, but linking these mechanisms to organismal level processes remains a challenge. We propose that complementary top-down data-directed modelling of organismal level empirical findings may contribute to developing these links.

  14. Evaluating the Predictive Value of Growth Prediction Models

    Science.gov (United States)

    Murphy, Daniel L.; Gaertner, Matthew N.

    2014-01-01

    This study evaluates four growth prediction models--projection, student growth percentile, trajectory, and transition table--commonly used to forecast (and give schools credit for) middle school students' future proficiency. Analyses focused on vertically scaled summative mathematics assessments, and two performance standards conditions (high…

  15. Wind climate modeling using Weibull and extreme value distribution ...

    African Journals Online (AJOL)

    It is very much important to fit wind speed data into some suitable statistical model for two aspects. One is fatigue failure due to periodic vortex shedding and the other is to estimate the wind energy potential of a particular location. For the fatigue failure due to periodic vortex shedding, it is important to analyse the load cycle.

  16. A Review of the Wood Pellet Value Chain, Modern Value/Supply Chain Management Approaches, and Value/Supply Chain Models

    OpenAIRE

    Hughes, Natalie M.; Shahi, Chander; Pulkki, Reino

    2014-01-01

    We reviewed 153 peer-reviewed sources to provide identification of modern supply chain management techniques and exploration of supply chain modeling, to offer decision support to managers. Ultimately, the review is intended to assist member-companies of supply chains, mainly producers, improve their current management approaches, by directing them to studies that may be suitable for direct application to their supply chains and value chains for improved efficiency and profitability. We found...

  17. Valuing water resources in Switzerland using a hedonic price model

    Science.gov (United States)

    van Dijk, Diana; Siber, Rosi; Brouwer, Roy; Logar, Ivana; Sanadgol, Dorsa

    2016-05-01

    In this paper, linear and spatial hedonic price models are applied to the housing market in Switzerland, covering all 26 cantons in the country over the period 2005-2010. Besides structural house, neighborhood and socioeconomic characteristics, we include a wide variety of new environmental characteristics related to water to examine their role in explaining variation in sales prices. These include water abundance, different types of water bodies, the recreational function of water, and water disamenity. Significant spatial autocorrelation is found in the estimated models, as well as nonlinear effects for distances to the nearest lake and large river. Significant effects are furthermore found for water abundance and the distance to large rivers, but not to small rivers. Although in both linear and spatial models water related variables explain less than 1% of the price variation, the distance to the nearest bathing site has a larger marginal contribution than many neighborhood-related distance variables. The housing market shows to differentiate between different water related resources in terms of relative contribution to house prices, which could help the housing development industry make more geographically targeted planning activities.

  18. Unlocking Value Creation Using an Agritourism Business Model

    Directory of Open Access Journals (Sweden)

    Laura Broccardo

    2017-09-01

    Full Text Available Agritourism has achieved a greater importance in the last decade, but despite this relevance, the definition is not aligned everywhere, depending on the contingency variables of the context in which agritourism is located. This paper aims at analyzing the business model’s key success factors of Italian agritourism by studying their structural, social and economic features, integrated with a sustainability approach. The empirical analysis is based on a sample of agritourism, located in an Italian region. The empirical results show relevant and useful elements to support the sustainable development of agritourism business models in Italy, linking theory, policy and practices. Indeed, these results, together with others related to the economic dimension of the farms, their specialization, and the characteristics of the farmers make it possible to argue that there are common elements, which offer potential for agritourism. In addition, it was possible to identify two different models of agritourism. Agritourism can open new horizons in rural sustainable development, with possible beneficial effects on the environment, society, agricultural heritage and economic growth. In particular, regional policy developers should take into consideration these elements in order to direct correctly efforts. The research shows also some interesting theoretical implications as it contributes to enrich the literature on this particular kind of business model. At the same time, it helps family owners to increase the overall understanding of their agritourism, in order to finalize adequate planning and communication.

  19. Analisa Interdependensi Antara Value Chain Dan Business Model Pada Industri Pengolahan Makanan

    OpenAIRE

    Kristiani, Paulina

    2015-01-01

    Latar belakang dari penelitian ini adalah dengan melihat kondisi lingkungan bisnis yang semakin ketat dan bersaing maka diperlukan model bisnis dan value chain untuk mampu bersaing dalam lingkungan industri. Tujuan penelitian ini adalah untuk melakukan analisa dan mengevaluasi pada value chain saat ini kemudian merancang pengembangan value chain berdasarkan komponen model bisnis. Teknik pengumpulan data adalah dengan menggunakan teknik wawancara dan data value chain makanan saat ini yang diam...

  20. Creating Büchi automata for multi-valued model checking

    NARCIS (Netherlands)

    Vijzelaar, Stefan J.J.; Fokkink, Wan J.

    2017-01-01

    In explicit state model checking of linear temporal logic properties, a Büchi automaton encodes a temporal property. It interleaves with a Kripke model to form a state space, which is searched for counterexamples. Multi-valued model checking considers additional truth values beyond the Boolean true

  1. Repeat Assessed Values Model for Housing Price Index

    Directory of Open Access Journals (Sweden)

    Carini Manuela

    2017-12-01

    Full Text Available This study proposes an innovative methodology, named Repeat Appraised Price Model (RAV, useful for determining the price index numbers for real estate markets and the corresponding index numbers of hedonic prices of main real estate characteristics in the case of a lack of data. The methodological approach proposed in this paper aims to appraise the time series of price index numbers. It integrates the principles of the method of repeat sales with the peculiarities of the Hedonic Price Method, overcoming the problem of an almost total absence of repeat sales for the same property in a given time range; on the other hand, the technique aims to overcome the limitation of the repeat sales technique concerning the inability to take into account the characteristics of individual properties.

  2. Programming for the Public Good: Ensuring Public Value Through the Cooperative Extension Program Development Model

    Directory of Open Access Journals (Sweden)

    Nancy Franz

    2015-06-01

    Full Text Available Effective Cooperative Extension programs produce important private and public value for individuals, families, businesses, and communities. However, the public value of Extension programming often goes unmeasured and unarticulated. Extension needs to reclaim its role as a key provider of public value for Land-Grant Universities through strong educational programs driven by infusing public value into all elements of the Extension Program Development Model. This article describes Extension’s public value movement including organizational, professional, program, and scholarship development efforts to enhance public good effectiveness articulation. Lessons learned, implications, and next steps for Extension’s public value success through a strong program development model are also shared.

  3. Changing, priming, and acting on values: effects via motivational relations in a circular model.

    Science.gov (United States)

    Maio, Gregory R; Pakizeh, Ali; Cheung, Wing-Yee; Rees, Kerry J

    2009-10-01

    Circular models of values and goals suggest that some motivational aims are consistent with each other, some oppose each other, and others are orthogonal to each other. The present experiments tested this idea explicitly by examining how value confrontation and priming methods influence values and value-consistent behaviors throughout the entire value system. Experiment 1 revealed that change in 1 set of social values causes motivationally compatible values to increase in importance, whereas motivationally incompatible values decrease in importance and orthogonal values remain the same. Experiment 2 found that priming security values reduced the better-than-average effect, but priming stimulation values increased it. Similarly, Experiments 3 and 4 found that priming security values increased cleanliness and decreased curiosity behaviors, whereas priming self-direction values decreased cleanliness and increased curiosity behaviors. Experiment 5 found that priming achievement values increased success at puzzle completion and decreased helpfulness to an experimenter, whereas priming with benevolence values decreased success and increased helpfulness. These results highlight the importance of circular models describing motivational interconnections between values and personal goals. 2009 APA, all rights reserved.

  4. Measuring the value of nonwage employee benefits: building a model of the relation between benefit satisfaction and value.

    Science.gov (United States)

    Weathington, Bart L; Jones, Allan P

    2006-11-01

    Researchers have commonly assumed benefits that employees view as more valuable have a greater influence on their attitudes and behaviors. Researchers have used 2 common methods to measure benefit value: attaching a monetary value to benefits and using self-reports of benefit importance. The present authors propose that the 2 approaches are conceptually distinct and have different implications. They use a social exchange perspective to justify this distinction and integrate both approaches and benefit satisfaction into a more comprehensive model of benefit perception. Results suggest that both measures have practical applications depending on the nature of the exchange relationship between the organization and employees. However, this relationship depends on the specific benefit and on employee satisfaction with that benefit. Some benefits lend themselves to a monetary estimate, whereas others lend themselves more to a nonmonetary valuation.

  5. Business model innovation in electricity supply markets: The role of complex value in the United Kingdom

    International Nuclear Information System (INIS)

    Hall, Stephen; Roelich, Katy

    2016-01-01

    This research investigates the new opportunities that business model innovations are creating in electricity supply markets at the sub-national scale. These local supply business models can offer significant benefits to the electricity system, but also generate economic, social, and environmental values that are not well accounted for in current policy or regulation. This paper uses the UK electricity supply market to investigate new business models which rely on more complex value propositions than the incumbent utility model. Nine archetypal local supply business models are identified and their value propositions, value capture methods, and barriers to market entry are analysed. This analysis defines 'complex value' as a key concept in understanding business model innovation in the energy sector. The process of complex value identification poses a challenge to energy researchers, commercial firms and policymakers in liberalised markets; to investigate the opportunities for system efficiency and diverse outcomes that new supplier business models can offer to the electricity system. - Highlights: •Business models of energy supply markets shape energy transitions. •The British system misses four opportunities of local electricity supply. •Nine new business model archetypes of local supply are analysed. •New electricity business models have complex value propositions. •A process for policy response to business model innovation is presented.

  6. Collaboration by design - on the use of value modeling in social innovation projects

    NARCIS (Netherlands)

    Weigand, H.

    2012-01-01

    Nowadays, many innovation projects are based on the collaboration of multiple parties to cocreate value. Unfortunately, the collaboration is not always without problems, not the least when financial and legal concerns come into the picture. Value modeling approaches such as e3-value have proven to

  7. Probing for the Multiplicative Term in Modern Expectancy-Value Theory: A Latent Interaction Modeling Study

    Science.gov (United States)

    Trautwein, Ulrich; Marsh, Herbert W.; Nagengast, Benjamin; Ludtke, Oliver; Nagy, Gabriel; Jonkmann, Kathrin

    2012-01-01

    In modern expectancy-value theory (EVT) in educational psychology, expectancy and value beliefs additively predict performance, persistence, and task choice. In contrast to earlier formulations of EVT, the multiplicative term Expectancy x Value in regression-type models typically plays no major role in educational psychology. The present study…

  8. On pseudo-values for regression analysis in competing risks models

    DEFF Research Database (Denmark)

    Graw, F; Gerds, Thomas Alexander; Schumacher, M

    2009-01-01

    For regression on state and transition probabilities in multi-state models Andersen et al. (Biometrika 90:15-27, 2003) propose a technique based on jackknife pseudo-values. In this article we analyze the pseudo-values suggested for competing risks models and prove some conjectures regarding their...

  9. Triple Value System Dynamics Modeling to Help Stakeholders Engage with Food-Energy-Water Problems

    Science.gov (United States)

    Triple Value (3V) Community scoping projects and Triple Value Simulation (3VS) models help decision makers and stakeholders apply systems-analysis methodology to complex problems related to food production, water quality, and energy use. 3VS models are decision support tools that...

  10. Integrating Work and Basic Values into the Spherical Model of Interests

    Science.gov (United States)

    Sodano, Sandro M.

    2011-01-01

    Two prominent models of values, one in work and the other in life, were examined as they each related to the dimensions underlying the Spherical Model of Interests (Tracey & Rounds, 1996) as measured by the Personal Globe Inventory (PGI; Tracey, 2002). The technique of external property vector fitting was utilized to plot the value constructs onto…

  11. A binomial random sum of present value models in investment analysis

    OpenAIRE

    Βουδούρη, Αγγελική; Ντζιαχρήστος, Ευάγγελος

    1997-01-01

    Stochastic present value models have been widely adopted in financial theory and practice and play a very important role in capital budgeting and profit planning. The purpose of this paper is to introduce a binomial random sum of stochastic present value models and offer an application in investment analysis.

  12. New Models for Value Creation and Competitive Advantage in the Petroleum Industry

    OpenAIRE

    Stabell, Charles

    2001-01-01

    This research project has applied, tested and further developed a set of new models for the analysis of value creation and competitive advantage in the context of the global petroleum industry. The basic idea behind the project was that Porter’s value chain model (1985) for the analysis of firm-level competitive advantage was basically only applicable to manufacturing. Building on Thompson’s (1967) distinction between long-linked, intensive and mediating value creation technologies, we propos...

  13. On Models with Uncountable Set of Spin Values on a Cayley Tree: Integral Equations

    International Nuclear Information System (INIS)

    Rozikov, Utkir A.; Eshkobilov, Yusup Kh.

    2010-01-01

    We consider models with nearest-neighbor interactions and with the set [0, 1] of spin values, on a Cayley tree of order k ≥ 1. We reduce the problem of describing the 'splitting Gibbs measures' of the model to the description of the solutions of some nonlinear integral equation. For k = 1 we show that the integral equation has a unique solution. In case k ≥ 2 some models (with the set [0, 1] of spin values) which have a unique splitting Gibbs measure are constructed. Also for the Potts model with uncountable set of spin values it is proven that there is unique splitting Gibbs measure.

  14. The Value of Multivariate Model Sophistication: An Application to pricing Dow Jones Industrial Average options

    DEFF Research Database (Denmark)

    Rombouts, Jeroen V.K.; Stentoft, Lars; Violante, Francesco

    innovation for a Laplace innovation assumption improves the pricing in a smaller way. Apart from investigating directly the value of model sophistication in terms of dollar losses, we also use the model condence set approach to statistically infer the set of models that delivers the best pricing performance.......We assess the predictive accuracy of a large number of multivariate volatility models in terms of pricing options on the Dow Jones Industrial Average. We measure the value of model sophistication in terms of dollar losses by considering a set 248 multivariate models that differer...

  15. Constructing set-valued fundamental diagrams from jamiton solutions in second order traffic models

    KAUST Repository

    Seibold, Benjamin; Flynn, Morris R.; Kasimov, Aslan R.; Rosales, Rodolfo Rubé n

    2013-01-01

    Fundamental diagrams of vehicular traiic ow are generally multivalued in the congested ow regime. We show that such set-valued fundamental diagrams can be constructed systematically from simple second order macroscopic traiic models, such as the classical Payne-Whitham model or the inhomogeneous Aw-Rascle-Zhang model. These second order models possess nonlinear traveling wave solutions, called jamitons, and the multi-valued parts in the fundamental diagram correspond precisely to jamiton-dominated solutions. This study shows that transitions from function-valued to set-valued parts in a fundamental diagram arise naturally in well-known second order models. As a particular consequence, these models intrinsically reproduce traiic phases. © American Institute of Mathematical Sciences.

  16. Constructing set-valued fundamental diagrams from jamiton solutions in second order traffic models

    KAUST Repository

    Seibold, Benjamin

    2013-09-01

    Fundamental diagrams of vehicular traiic ow are generally multivalued in the congested ow regime. We show that such set-valued fundamental diagrams can be constructed systematically from simple second order macroscopic traiic models, such as the classical Payne-Whitham model or the inhomogeneous Aw-Rascle-Zhang model. These second order models possess nonlinear traveling wave solutions, called jamitons, and the multi-valued parts in the fundamental diagram correspond precisely to jamiton-dominated solutions. This study shows that transitions from function-valued to set-valued parts in a fundamental diagram arise naturally in well-known second order models. As a particular consequence, these models intrinsically reproduce traiic phases. © American Institute of Mathematical Sciences.

  17. Towards an Integrated Value Adding Management Model for FM and CREM

    DEFF Research Database (Denmark)

    Jensen, Per Anker; van der Voordt, Theo

    2016-01-01

    Purpose : To present an integrated process model of adding value by Facilities Management (FM) and Corporate Real Estate Management (CREM) that is a generalisation of existing conceptual frameworks and aims to be a basis for management of added value in practice. Background : The growing research...... frameworks are too complex and lack of common terminology and clear operationalisations of intervention-impact relationships. Approach (Theory/Methodology) :A generalised Value Adding Management process model is developed based on a common cause-effect model identified in existing conceptual frameworks...... aims at supporting the practical management and measurement of added value. A typology with six types of FM/CREM interventions is developed from earlier research. The concept of Value Adding Management is investigated and the 12 most important added value parameters are identified. Research limitations...

  18. Intersubjective model of value transmission: parents using perceived norms as reference when socializing children.

    Science.gov (United States)

    Tam, Kim-Pong; Lee, Sau-Lai; Kim, Young-Hoon; Li, Yanmei; Chao, Melody Manchi

    2012-08-01

    What values do parents want to transmit to children? The intersubjective model of value transmission posits that parents want to transmit not only the values they personally endorse but also the values they perceive to be normatively important in the society. The present research shows support to this premise. Furthermore, Studies 1 and 2 revealed that the use of perceived norms is moderated by families' social contexts and parents' personality: It was particularly pronounced among parents who were immigrants, who had a stronger need for closure, and who were more conforming. In addition, Studies 3 and 4 demonstrated that parents' perceived norms can explain actual value transmission: Values parents perceived to be normatively important were to some extent internalized by children. The intersubjective model paves some new directions for value transmission research, contributes to the understanding of cultural transmission and cultural change, and extends the intersubjective approach to culture.

  19. Study of behavior and determination of customer lifetime value(CLV) using Markov chain model

    Science.gov (United States)

    Permana, Dony; Indratno, Sapto Wahyu; Pasaribu, Udjianna S.

    2014-03-01

    Customer Lifetime Value or CLV is a restriction on interactive marketing to help a company in arranging financial for the marketing of new customer acquisition and customer retention. Additionally CLV can be able to segment customers for financial arrangements. Stochastic models for the fairly new CLV used a Markov chain. In this model customer retention probability and new customer acquisition probability play an important role. This model is originally introduced by Pfeifer and Carraway in 2000 [1]. They introduced several CLV models, one of them only involves customer and former customer. In this paper we expand the model by adding the assumption of the transition from former customer to customer. In the proposed model, the CLV value is higher than the CLV value obtained by Pfeifer and Caraway model. But our model still requires a longer convergence time.

  20. Study of behavior and determination of customer lifetime value(CLV) using Markov chain model

    Energy Technology Data Exchange (ETDEWEB)

    Permana, Dony, E-mail: donypermana@students.itb.ac.id [Statistics Research Division, Faculty of Mathematics and Natural Science, Bandung Institute of Technology, Indonesia and Statistics Study Program, Faculty of Mathematics and Natural Sciences, Padang State University (Indonesia); Indratno, Sapto Wahyu; Pasaribu, Udjianna S. [Statistics Research Division, Faculty of Mathematics and Natural Science, Bandung Institute of Technology (Indonesia)

    2014-03-24

    Customer Lifetime Value or CLV is a restriction on interactive marketing to help a company in arranging financial for the marketing of new customer acquisition and customer retention. Additionally CLV can be able to segment customers for financial arrangements. Stochastic models for the fairly new CLV used a Markov chain. In this model customer retention probability and new customer acquisition probability play an important role. This model is originally introduced by Pfeifer and Carraway in 2000 [1]. They introduced several CLV models, one of them only involves customer and former customer. In this paper we expand the model by adding the assumption of the transition from former customer to customer. In the proposed model, the CLV value is higher than the CLV value obtained by Pfeifer and Caraway model. But our model still requires a longer convergence time.

  1. Study of behavior and determination of customer lifetime value(CLV) using Markov chain model

    International Nuclear Information System (INIS)

    Permana, Dony; Indratno, Sapto Wahyu; Pasaribu, Udjianna S.

    2014-01-01

    Customer Lifetime Value or CLV is a restriction on interactive marketing to help a company in arranging financial for the marketing of new customer acquisition and customer retention. Additionally CLV can be able to segment customers for financial arrangements. Stochastic models for the fairly new CLV used a Markov chain. In this model customer retention probability and new customer acquisition probability play an important role. This model is originally introduced by Pfeifer and Carraway in 2000 [1]. They introduced several CLV models, one of them only involves customer and former customer. In this paper we expand the model by adding the assumption of the transition from former customer to customer. In the proposed model, the CLV value is higher than the CLV value obtained by Pfeifer and Caraway model. But our model still requires a longer convergence time

  2. Efficient Multi-Valued Bounded Model Checking for LTL over Quasi-Boolean Algebras

    Science.gov (United States)

    Andrade, Jefferson O.; Kameyama, Yukiyoshi

    Multi-valued Model Checking extends classical, two-valued model checking to multi-valued logic such as Quasi-Boolean logic. The added expressivity is useful in dealing with such concepts as incompleteness and uncertainty in target systems, while it comes with the cost of time and space. Chechik and others proposed an efficient reduction from multi-valued model checking problems to two-valued ones, but to the authors' knowledge, no study was done for multi-valued bounded model checking. In this paper, we propose a novel, efficient algorithm for multi-valued bounded model checking. A notable feature of our algorithm is that it is not based on reduction of multi-values into two-values; instead, it generates a single formula which represents multi-valuedness by a suitable encoding, and asks a standard SAT solver to check its satisfiability. Our experimental results show a significant improvement in the number of variables and clauses and also in execution time compared with the reduction-based one.

  3. Three-Dimensional Service Value Creation Model Based on Multidisciplinary Framework: Service Value Transition in Flower Tourism and Robotized Music Appreciation Services

    OpenAIRE

    Nakamura, Kotaro; Imahori, Takahiro; Ikawa, Yasuo

    2010-01-01

    This paper is focused on the process of value creation in the service business and on the shift of service value created in actual service businesses. The analysis is used to demonstrate proposed models for explaining this shift. Service value is successfully created when customers enjoy the benefits of services proposed through a system of service businesses. The model visualizes the shift of service value, focusing on the three axes of width (of the place for service providing/usage in the ...

  4. MODEL OF INTEGRATED VALUE OF PROJECTS IN THE FIELD OF ALTERNATIVE ENERGY

    Directory of Open Access Journals (Sweden)

    Наталія Ігорівна БОРИСОВА

    2015-05-01

    Full Text Available Development of alternative energy sources requires the implementation of complex problems, the solution of which is necessary to apply the project approach. The uniqueness of alternative energy projects (AEP necessitates individual approach to evaluating the effectiveness of each. The paper contains the results of the project management features's analysis in the field of alternative energy, determining the values and developing of the value management integrated conceptual model of AEP. In assessing the effectiveness of AEP considered the socio-economic and commercial aspects. Value management integrated conceptual model of AEP was obtained by combining the classical model of the project management goals with the project values model "Five "E" and two "A". The classical model of the project management goals have been complemented with risk parameters.

  5. An Early Model for Value and Sustainability in Health Information Exchanges: Qualitative Study

    Science.gov (United States)

    2018-01-01

    Background The primary value relative to health information exchange has been seen in terms of cost savings relative to laboratory and radiology testing, emergency department expenditures, and admissions. However, models are needed to statistically quantify value and sustainability and better understand the dependent and mediating factors that contribute to value and sustainability. Objective The purpose of this study was to provide a basis for early model development for health information exchange value and sustainability. Methods A qualitative study was conducted with 21 interviews of eHealth Exchange participants across 10 organizations. Using a grounded theory approach and 3.0 as a relative frequency threshold, 5 main categories and 16 subcategories emerged. Results This study identifies 3 core current perceived value factors and 5 potential perceived value factors—how interviewees predict health information exchanges may evolve as there are more participants. These value factors were used as the foundation for early model development for sustainability of health information exchange. Conclusions Using the value factors from the interviews, the study provides the basis for early model development for health information exchange value and sustainability. This basis includes factors from the research: fostering consumer engagement; establishing a provider directory; quantifying use, cost, and clinical outcomes; ensuring data integrity through patient matching; and increasing awareness, usefulness, interoperability, and sustainability of eHealth Exchange. PMID:29712623

  6. An Early Model for Value and Sustainability in Health Information Exchanges: Qualitative Study.

    Science.gov (United States)

    Feldman, Sue S

    2018-04-30

    The primary value relative to health information exchange has been seen in terms of cost savings relative to laboratory and radiology testing, emergency department expenditures, and admissions. However, models are needed to statistically quantify value and sustainability and better understand the dependent and mediating factors that contribute to value and sustainability. The purpose of this study was to provide a basis for early model development for health information exchange value and sustainability. A qualitative study was conducted with 21 interviews of eHealth Exchange participants across 10 organizations. Using a grounded theory approach and 3.0 as a relative frequency threshold, 5 main categories and 16 subcategories emerged. This study identifies 3 core current perceived value factors and 5 potential perceived value factors-how interviewees predict health information exchanges may evolve as there are more participants. These value factors were used as the foundation for early model development for sustainability of health information exchange. Using the value factors from the interviews, the study provides the basis for early model development for health information exchange value and sustainability. This basis includes factors from the research: fostering consumer engagement; establishing a provider directory; quantifying use, cost, and clinical outcomes; ensuring data integrity through patient matching; and increasing awareness, usefulness, interoperability, and sustainability of eHealth Exchange. ©Sue S Feldman. Originally published in JMIR Medical Informatics (http://medinform.jmir.org), 30.04.2018.

  7. A Gompertz population model with Allee effect and fuzzy initial values

    Science.gov (United States)

    Amarti, Zenia; Nurkholipah, Nenden Siti; Anggriani, Nursanti; Supriatna, Asep K.

    2018-03-01

    Growth and population dynamics models are important tools used in preparing a good management for society to predict the future of population or species. This has been done by various known methods, one among them is by developing a mathematical model that describes population growth. Models are usually formed into differential equations or systems of differential equations, depending on the complexity of the underlying properties of the population. One example of biological complexity is Allee effect. It is a phenomenon showing a high correlation between very small population size and the mean individual fitness of the population. In this paper the population growth model used is the Gompertz equation model by considering the Allee effect on the population. We explore the properties of the solution to the model numerically using the Runge-Kutta method. Further exploration is done via fuzzy theoretical approach to accommodate uncertainty of the initial values of the model. It is known that an initial value greater than the Allee threshold will cause the solution rises towards carrying capacity asymptotically. However, an initial value smaller than the Allee threshold will cause the solution decreases towards zero asymptotically, which means the population is eventually extinct. Numerical solutions show that modeling uncertain initial value of the critical point A (the Allee threshold) with a crisp initial value could cause the extinction of population of a certain possibilistic degree, depending on the predetermined membership function of the initial value.

  8. An Analysis of the Educational Value of Low-Fidelity Anatomy Models as External Representations

    Science.gov (United States)

    Chan, Lap Ki; Cheng, Maurice M. W.

    2011-01-01

    Although high-fidelity digital models of human anatomy based on actual cross-sectional images of the human body have been developed, reports on the use of physical models in anatomy teaching continue to appear. This article aims to examine the common features shared by these physical models and analyze their educational value based on the…

  9. Housing Value Projection Model Related to Educational Planning: The Feasibility of a New Methodology. Final Report.

    Science.gov (United States)

    Helbock, Richard W.; Marker, Gordon

    This study concerns the feasibility of a Markov chain model for projecting housing values and racial mixes. Such projections could be used in planning the layout of school districts to achieve desired levels of socioeconomic heterogeneity. Based upon the concepts and assumptions underlying a Markov chain model, it is concluded that such a model is…

  10. Missing Value Imputation Based on Gaussian Mixture Model for the Internet of Things

    Directory of Open Access Journals (Sweden)

    Xiaobo Yan

    2015-01-01

    Full Text Available This paper addresses missing value imputation for the Internet of Things (IoT. Nowadays, the IoT has been used widely and commonly by a variety of domains, such as transportation and logistics domain and healthcare domain. However, missing values are very common in the IoT for a variety of reasons, which results in the fact that the experimental data are incomplete. As a result of this, some work, which is related to the data of the IoT, can’t be carried out normally. And it leads to the reduction in the accuracy and reliability of the data analysis results. This paper, for the characteristics of the data itself and the features of missing data in IoT, divides the missing data into three types and defines three corresponding missing value imputation problems. Then, we propose three new models to solve the corresponding problems, and they are model of missing value imputation based on context and linear mean (MCL, model of missing value imputation based on binary search (MBS, and model of missing value imputation based on Gaussian mixture model (MGI. Experimental results showed that the three models can improve the accuracy, reliability, and stability of missing value imputation greatly and effectively.

  11. Decomposing the roles of perseveration and expected value representation in models of the Iowa gambling task.

    Science.gov (United States)

    Worthy, Darrell A; Pang, Bo; Byrne, Kaileigh A

    2013-01-01

    Models of human behavior in the Iowa Gambling Task (IGT) have played a pivotal role in accounting for behavioral differences during decision-making. One critical difference between models that have been used to account for behavior in the IGT is the inclusion or exclusion of the assumption that participants tend to persevere, or stay with the same option over consecutive trials. Models that allow for this assumption include win-stay-lose-shift (WSLS) models and reinforcement learning (RL) models that include a decay learning rule where expected values for each option decay as they are chosen less often. One shortcoming of RL models that have included decay rules is that the tendency to persevere by sticking with the same option has been conflated with the tendency to select the option with the highest expected value because a single term is used to represent both of these tendencies. In the current work we isolate the tendencies to perseverate and to select the option with the highest expected value by including them as separate terms in a Value-Plus-Perseveration (VPP) RL model. Overall the VPP model provides a better fit to data from a large group of participants than models that include a single term to account for both perseveration and the representation of expected value. Simulations of each model show that the VPP model's simulated choices most closely resemble the decision-making behavior of human subjects. In addition, we also find that parameter estimates of loss aversion are more strongly correlated with performance when perseverative tendencies and expected value representations are decomposed as separate terms within the model. The results suggest that the tendency to persevere and the tendency to select the option that leads to the best net payoff are central components of decision-making behavior in the IGT. Future work should use this model to better examine decision-making behavior.

  12. Business Model Innovation to Create and Capture Resource Value in Future Circular Material Chains

    Directory of Open Access Journals (Sweden)

    Göran Roos

    2014-03-01

    Full Text Available This article briefly discusses the origins and development of the business model concept resulting in a high level definition. Against this backdrop, frameworks from the literature around green business models with examples of green business models and the business model innovation process are presented. The article then discusses the origins and meaning of different "green" concepts relevant for the circular value chain concluding with a high level definition. The article finally outline the process by which a business model for a circular value chain can be developed taking into account the social dilemma that exist in these type of situations. The article concludes with the specific questions that need to be answered in order to create an appropriate business model for a circular value chain.

  13. Personal Values, Social Capital, and Higher Education Student Career Decidedness: A New "Protean"-Informed Model

    Science.gov (United States)

    Fearon, Colm; Nachmias, Stefanos; McLaughlin, Heather; Jackson, Stephen

    2018-01-01

    This study investigates the role of personal values as motivational antecedents for understanding higher education (HE) student career decidedness among university business school (UBS) students. We propose a new "protean"-informed HE student career decidedness model for theorizing how both personal values and social capital mediators…

  14. Stability of Teacher Value-Added Rankings across Measurement Model and Scaling Conditions

    Science.gov (United States)

    Hawley, Leslie R.; Bovaird, James A.; Wu, ChaoRong

    2017-01-01

    Value-added assessment methods have been criticized by researchers and policy makers for a number of reasons. One issue includes the sensitivity of model results across different outcome measures. This study examined the utility of incorporating multivariate latent variable approaches within a traditional value-added framework. We evaluated the…

  15. A psychometric revision of the Asian values scale using the Rasch model

    OpenAIRE

    Kim, Bryan S. K.; Hong, Sehee

    2004-01-01

    The 36-item Asian Values Scale (B. S. K. Kim, D. R. Atkinson, & P H. Yang, 1999) was revised on the basis of G. Rasch (1960) model and data from 618 Asian Americans. The results led to the establishment of a 25-item measure named the Asian Values Scale-Revised.

  16. A psychometric revision of the European American Values Scale for Asian Americans using the Rasch model

    OpenAIRE

    Hong, S; Kim, Bryan S.K.; Wolfe, M M

    2005-01-01

    The 18-item European American Values Scale for Asian Americans (M. M. Wolfe, P H. Yang, E C. Wong, & D. R. Atkinson, 2001) was revised on the basis of results from a psychometric analysis using the Rasch Model (G. Rasch,1960). The results led to the establishment of the 25-item European AmericanValues Scale for Asian Americans-Revised.

  17. Towards an Integrated Value Adding Management Model for FM and CREM

    NARCIS (Netherlands)

    Jensen, Per Anker; van der Voordt, Theo; Kähkönen, Kalle; Keinänen, Marko

    2016-01-01

    Purpose: To present an integrated process model of adding value by Facilities Management (FM) and Corporate Real Estate Management (CREM) that is a generalisation of existing conceptual frameworks and aims to be a basis for management of added value in practice.
    Background: The growing research

  18. The Politics and Statistics of Value-Added Modeling for Accountability of Teacher Preparation Programs

    Science.gov (United States)

    Lincove, Jane Arnold; Osborne, Cynthia; Dillon, Amanda; Mills, Nicholas

    2014-01-01

    Despite questions about validity and reliability, the use of value-added estimation methods has moved beyond academic research into state accountability systems for teachers, schools, and teacher preparation programs (TPPs). Prior studies of value-added measurement for TPPs test the validity of researcher-designed models and find that measuring…

  19. Model of Values-Based Management Process in Schools: A Mixed Design Study

    Science.gov (United States)

    Dogan, Soner

    2016-01-01

    The aim of this paper is to evaluate the school administrators' values-based management behaviours according to the teachers' perceptions and opinions and, accordingly, to build a model of values-based management process in schools. The study was conducted using explanatory design which is inclusive of both quantitative and qualitative methods.…

  20. Cost Perception and the Expectancy-Value Model of Achievement Motivation.

    Science.gov (United States)

    Anderson, Patricia N.

    The expectancy-value model of achievement motivation, first described by J. Atkinson (1957) and refined by J. Eccles and her colleagues (1983, 1992, 1994) predicts achievement motivation based on expectancy for success and perceived task value. Cost has been explored very little. To explore the possibility that cost is different from expectancy…

  1. College Students' Motivation toward Weight Training: An Application of Expectancy-Value Model

    Science.gov (United States)

    Gao, Zan; Xiang, Ping

    2008-01-01

    Guided by an expectancy-value model of achievement choice (Eccles et al., 1983; Wigfield & Eccles, 2000), the relationships among expectancy-related beliefs, subjective task values (importance, interest, and usefulness), and achievement outcomes (intention, engagement, and performance) were examined in a college-level beginning weight training…

  2. Comparison of Optimal Portfolios Selected by Multicriterial Model Using Absolute and Relative Criteria Values

    Directory of Open Access Journals (Sweden)

    Branka Marasović

    2009-03-01

    Full Text Available In this paper we select an optimal portfolio on the Croatian capital market by using the multicriterial programming. In accordance with the modern portfolio theory maximisation of returns at minimal risk should be the investment goal of any successful investor. However, contrary to the expectations of the modern portfolio theory, the tests carried out on a number of financial markets reveal the existence of other indicators important in portfolio selection. Considering the importance of variables other than return and risk, selection of the optimal portfolio becomes a multicriterial problem which should be solved by using the appropriate techniques.In order to select an optimal portfolio, absolute values of criteria, like return, risk, price to earning value ratio (P/E, price to book value ratio (P/B and price to sale value ratio (P/S are included in our multicriterial model. However the problem might occur as the mean values of some criteria are significantly different for different sectors and because financial managers emphasize that comparison of the same criteria for different sectors could lead us to wrong conclusions. In the second part of the paper, relative values of previously stated criteria (in relation to mean value of sector are included in model for selecting optimal portfolio. Furthermore, the paper shows that if relative values of criteria are included in multicriterial model for selecting optimal portfolio, return in subsequent period is considerably higher than if absolute values of the same criteria were used.

  3. The development of a qualitative dynamic attribute value model for healthcare institutes.

    Science.gov (United States)

    Lee, Wan-I

    2010-01-01

    Understanding customers has become an urgent topic for increasing competitiveness. The purpopse of the study was to develop a qualitative dynamic attribute value model which provides insight into the customers' value for healthcare institute managers by conducting the initial open-ended questionnaire survey to select participants purposefully. A total number of 427 questionnaires was conducted in two hospitals in Taiwan (one district hospital with 635 beds and one academic hospital with 2495 beds) and 419 questionnaires were received in nine weeks. Then, apply qualitative in-depth interviews to explore customers' perspective of values for building a model of partial differential equations. This study concludes nine categories of value, including cost, equipment, physician background, physicain care, environment, timing arrangement, relationship, brand image and additional value, to construct objective network for customer value and qualitative dynamic attribute value model where the network shows the value process of loyalty development via its effect on customer satisfaction, customer relationship, customer loyalty and healthcare service. One set predicts the customer relationship based on comminent, including service quality, communication and empahty. As the same time, customer loyalty based on trust, involves buzz marketing, brand and image. Customer value of the current instance is useful for traversing original customer attributes and identifing customers on different service share.

  4. Variability of LD50 Values from Rat Oral Acute Toxicity Studies: Implications for Alternative Model Development

    Science.gov (United States)

    Alternative models developed for estimating acute systemic toxicity are generally evaluated using in vivo LD50 values. However, in vivo acute systemic toxicity studies can produce variable results, even when conducted according to accepted test guidelines. This variability can ma...

  5. A conceptual model of channel choice : measuring online and offline shopping value perceptions

    NARCIS (Netherlands)

    Broekhuizen, Thijs L.J.; Jager, Wander

    2004-01-01

    This study tries to understand how consumers evaluate channels for their purchasing. Specifically, it develops a conceptual model that addresses consumer value perceptions of using the Internet versus the traditional (physical) channel. Previous research showed that perceptions of price, product

  6. Teachers’ individual action theories about competence-based education: the value of the cognitive apprenticeship model

    NARCIS (Netherlands)

    Seezink, Audrey; Poell, Rob; Kirschner, Paul A.

    2009-01-01

    Seezink, A., Poell, R. F., & Kirschner, P. A. (2009). Teachers' individual action theories about competence-based education: The value of the cognitive apprenticeship model. Journal of Vocational Education & Training, 61, 203-215.

  7. Digitized Onondaga Lake Dissolved Oxygen Concentrations and Model Simulated Values using Bayesian Monte Carlo Methods

    Data.gov (United States)

    U.S. Environmental Protection Agency — The dataset is lake dissolved oxygen concentrations obtained form plots published by Gelda et al. (1996) and lake reaeration model simulated values using Bayesian...

  8. Modeling Dynamic Processes in Smallholder Dairy Value Chains in Nicaragua: A System Dynamics Approach

    Directory of Open Access Journals (Sweden)

    Helene Lie

    2016-08-01

    Full Text Available In Nicaragua, the production of dairy and beef is the most important source of household income for many smallholder producers. However, erratic volumes and quality of milk limit the participation of small- and medium-scale cattle farmers into higher-value dairy value chains. This research uses a system dynamics (SD approach to analyze the Matiguás dairy value chain in Nicaragua. The paper presents the conceptual framework of the model and highlights the dynamic processes in the value chain, with a focus on improving feeding systems to achieve higher milk productivity and increased income for producers. The model was developed using a participatory group model building (GMB technique to jointly conceptualize and validate the model with stakeholders.

  9. Modeling the Value of Micro Solutions in Air Force Financial Management

    National Research Council Canada - National Science Library

    O'Hare, Scott M; Krott, James E

    2005-01-01

    The purpose of this MBA Project was to develop a model that would estimate the value of applying available spreadsheet programming tools to automation opportunities in Air Force Financial Management (FM...

  10. Value Relevance of the Fair Value Hierarchy of IFRS 7 in Europe - How reliable are mark-to-model Fair Values ?

    OpenAIRE

    Bosch, Patrick

    2012-01-01

    According to IFRS 7, banks have to disclose the inputs used in measuring the fair value of financial instruments. For this purpose the standard defines a three-level measurement hierarchy. The reliability of fair values is expected to decrease with decreasing hierarchy level due to the lower quality of the input factors. Using a value relevance research setting, I find that investors perceive the reliability of level 3 fair values as significantly lower than the reliability of level 1 fair va...

  11. Decomposing the Roles of Perseveration and Expected Value Representation in Models of the Iowa Gambling Task

    Directory of Open Access Journals (Sweden)

    Darrell A. Worthy

    2013-09-01

    Full Text Available Models of human behavior in the Iowa Gambling Task (IGT have played a pivotal role in accounting for behavioral differences during decision-making. One critical difference between models that have been used to account for behavior in the IGT is the inclusion or exclusion of the assumption that participants tend to persevere, or stay with the same option over consecutive trials. Models that allow for this assumption include win-stay-lose-shift (WSLS models and reinforcement learning (RL models that include a decay learning rule where expected values for each option decay as they are chosen less often. One shortcoming of RL models that have included decay rules is that the tendency to persevere by sticking with the same option has been conflated with the tendency to select the option with the highest expected value because a single term is used to represent both of these tendencies. In the current work we isolate the tendencies to perseverate and to select the option with the highest expected value by including them as separate terms in a Value-Plus-Perseveration (VPP RL model. Overall the VPP model provides a better fit to data from a large group of participants than models that include a single term to account for both perseveration and the representation of expected value. Simulations of each model show that the VPP model’s simulated choices most closely resemble the decision-making behavior of human subjects. In addition, we also find that parameter estimates of loss aversion are more strongly correlated with performance when perseverative tendencies and expected value representations are decomposed as separate terms within the model. The results suggest that the tendency to persevere and the tendency to select the option that leads to the best net payoff are central components of decision-making behavior in the IGT. Future work should use this model to better examine decision-making behavior.

  12. Effect of mentoring on professional values in model C clinical nurse leader graduates.

    Science.gov (United States)

    Gazaway, Shena B; Anderson, Lori; Schumacher, Autumn; Alichnie, Chris

    2018-04-19

    Nursing graduates acquire their nursing values by professional socialization. Mentoring is a crucial support mechanism for these novice nurses, yet little is known about the model C clinical nurse leader graduate and the effects of mentoring. This investigation examined how mentoring affected the development of professional nursing values in the model C clinical nurse leader graduate. A longitudinal design was used to survey model C clinical nurse leader graduates before and after graduation to determine how different types of mentoring relationships influenced professional values. Demographic surveys documented participant characteristics and the Nurses Professional Values Scale - Revised (NPVS-R) assessed professional nursing values. Mean NPVS-R scores increased after graduation for the formally mentored participants, while the NPVS-R scores decreased or remained unchanged for the other mentoring groups. However, no significant difference was found in NPVS-R scores over time (p = .092) or an interaction between the NPVS-R scores and type of mentoring relationships (p = .09). These results suggest that model C clinical nurse leader graduate participants experiencing formal mentoring may develop professional nursing values more than their colleagues. Formal mentoring relationships are powerful and should be used to promote professional values for model C clinical nurse leader graduates. © 2018 John Wiley & Sons Ltd.

  13. Building a Values-Informed Mental Model for New Orleans Climate Risk Management.

    Science.gov (United States)

    Bessette, Douglas L; Mayer, Lauren A; Cwik, Bryan; Vezér, Martin; Keller, Klaus; Lempert, Robert J; Tuana, Nancy

    2017-10-01

    Individuals use values to frame their beliefs and simplify their understanding when confronted with complex and uncertain situations. The high complexity and deep uncertainty involved in climate risk management (CRM) lead to individuals' values likely being coupled to and contributing to their understanding of specific climate risk factors and management strategies. Most mental model approaches, however, which are commonly used to inform our understanding of people's beliefs, ignore values. In response, we developed a "Values-informed Mental Model" research approach, or ViMM, to elicit individuals' values alongside their beliefs and determine which values people use to understand and assess specific climate risk factors and CRM strategies. Our results show that participants consistently used one of three values to frame their understanding of risk factors and CRM strategies in New Orleans: (1) fostering a healthy economy, wealth, and job creation, (2) protecting and promoting healthy ecosystems and biodiversity, and (3) preserving New Orleans' unique culture, traditions, and historically significant neighborhoods. While the first value frame is common in analyses of CRM strategies, the latter two are often ignored, despite their mirroring commonly accepted pillars of sustainability. Other values like distributive justice and fairness were prioritized differently depending on the risk factor or strategy being discussed. These results suggest that the ViMM method could be a critical first step in CRM decision-support processes and may encourage adoption of CRM strategies more in line with stakeholders' values. © 2017 Society for Risk Analysis.

  14. How to Gain Value from a Project Management Model: Case Study

    DEFF Research Database (Denmark)

    Riis, Eva; Eskerod, Pernille

    2010-01-01

      Recent research has shown that PM models can be a powerful creator of value for companies. This paper extends this research aiming at gaining a deeper understanding of the preconditions that must exist for harvesting the values of a common frame of reference for project management. It reports...... findings from in-depth investigations in a Danish industrial concern that considers its PM model as the core of its project activities.  ...

  15. Simultaneous modeling of visual saliency and value computation improves predictions of economic choice.

    Science.gov (United States)

    Towal, R Blythe; Mormann, Milica; Koch, Christof

    2013-10-01

    Many decisions we make require visually identifying and evaluating numerous alternatives quickly. These usually vary in reward, or value, and in low-level visual properties, such as saliency. Both saliency and value influence the final decision. In particular, saliency affects fixation locations and durations, which are predictive of choices. However, it is unknown how saliency propagates to the final decision. Moreover, the relative influence of saliency and value is unclear. Here we address these questions with an integrated model that combines a perceptual decision process about where and when to look with an economic decision process about what to choose. The perceptual decision process is modeled as a drift-diffusion model (DDM) process for each alternative. Using psychophysical data from a multiple-alternative, forced-choice task, in which subjects have to pick one food item from a crowded display via eye movements, we test four models where each DDM process is driven by (i) saliency or (ii) value alone or (iii) an additive or (iv) a multiplicative combination of both. We find that models including both saliency and value weighted in a one-third to two-thirds ratio (saliency-to-value) significantly outperform models based on either quantity alone. These eye fixation patterns modulate an economic decision process, also described as a DDM process driven by value. Our combined model quantitatively explains fixation patterns and choices with similar or better accuracy than previous models, suggesting that visual saliency has a smaller, but significant, influence than value and that saliency affects choices indirectly through perceptual decisions that modulate economic decisions.

  16. Business Model Innovation to Create and Capture Resource Value in Future Circular Material Chains

    OpenAIRE

    Roos, Göran

    2014-01-01

    This article briefly discusses the origins and development of the business model concept resulting in a high level definition. Against this backdrop, frameworks from the literature around green business models with examples of green business models and the business model innovation process are presented. The article then discusses the origins and meaning of different "green" concepts relevant for the circular value chain concluding with a high level definition. The article finally outl...

  17. PROBLEMS OF VALUE-ORIENTED FORMATION OF PROJECT PRODUCT’S MODEL

    Directory of Open Access Journals (Sweden)

    Тигран Георгиевич ГРИГОРЯН

    2015-06-01

    Full Text Available Problems of formation of the project output model related to the complexity of information transmission in the communication between the project participants and stakeholders are considered. The concept of forming a project output model based on allocation of stages of model developing and specification and efficiency of the formation of a model that takes into account the need to plan the project output value creation and transferring to the sponsor and consumers is proposed.

  18. A Tuned Value Chain Model for University Based Public Research Organisation. Case Lut Cst.

    Directory of Open Access Journals (Sweden)

    Vesa Karvonen

    2012-12-01

    Full Text Available The Porter´s value chain model was introduced for strategic business purposes. During the last decades also Universities and University based institutes have started to use actions similar to private business concepts. A University based institute is not independent actor like company but there are interest groups who are expecting them to act like they would be. This article discusses about the possibility of utilize tuned value chain to public research organizations (PRO. Also the interactions of tuned value chain model to existing industrial network are discussed. The case study object is the Centre for Separation Technology (CST at Lappeenranta University of Technology (LUT in Finland.

  19. Integration of Latino/a cultural values into palliative health care: a culture centered model.

    Science.gov (United States)

    Adames, Hector Y; Chavez-Dueñas, Nayeli Y; Fuentes, Milton A; Salas, Silvia P; Perez-Chavez, Jessica G

    2014-04-01

    Culture helps us grapple with, understand, and navigate the dying process. Although often overlooked, cultural values play a critical and influential role in palliative care. The purpose of the present study was two-fold: one, to review whether Latino/a cultural values have been integrated into the palliative care literature for Latinos/as; two, identify publications that provide recommendations on how palliative care providers can integrate Latino/a cultural values into the end-of-life care. A comprehensive systematic review on the area of Latino/a cultural values in palliative care was conducted via an electronic literature search of publications between 1930-2013. Five articles were identified for reviewing, discussing, or mentioning Latino/a cultural values and palliative care. Only one article specifically addressed Latino/a cultural values in palliative care. The four remaining articles discuss or mention cultural values; however, the cultural values were not the main focus of each article's thesis. The results of the current study highlight the lack of literature specifically addressing the importance of integrating Latino/a cultural values into the delivery of palliative care. As a result, this article introduces the Culture-Centered Palliative Care Model (CCPC). The article defines five key traditional Latino/a cultural values (i.e., familismo, personalismo, respeto, confianza, and dignidad), discusses the influence of each value on palliative health care, and ends with practical recommendations for service providers. Special attention is given to the stages of acculturation and ethnic identity.

  20. SPSS macros to compare any two fitted values from a regression model.

    Science.gov (United States)

    Weaver, Bruce; Dubois, Sacha

    2012-12-01

    In regression models with first-order terms only, the coefficient for a given variable is typically interpreted as the change in the fitted value of Y for a one-unit increase in that variable, with all other variables held constant. Therefore, each regression coefficient represents the difference between two fitted values of Y. But the coefficients represent only a fraction of the possible fitted value comparisons that might be of interest to researchers. For many fitted value comparisons that are not captured by any of the regression coefficients, common statistical software packages do not provide the standard errors needed to compute confidence intervals or carry out statistical tests-particularly in more complex models that include interactions, polynomial terms, or regression splines. We describe two SPSS macros that implement a matrix algebra method for comparing any two fitted values from a regression model. The !OLScomp and !MLEcomp macros are for use with models fitted via ordinary least squares and maximum likelihood estimation, respectively. The output from the macros includes the standard error of the difference between the two fitted values, a 95% confidence interval for the difference, and a corresponding statistical test with its p-value.

  1. 'Ecological value added' in an integrated ecosystem-economy model. An indicator for sustainability

    International Nuclear Information System (INIS)

    Kratena, Kurt

    2004-01-01

    This paper sets up an input-output system of the relevant ecosystem flows that determine the carbon cycle in the global ecosystem. Introducing energy as the value added component in the ecosystem allows to calculate ecosystem prices expressed in 'energy values'. Linking the ecosystem with the economy in an integrated input-output model then allows to calculate prices of economic activities and of ecosystem activities. In analogy to the 'Ecological Footprint', where productive land is needed to absorb anthropogenic emissions, in this integrated input-output model additional carbon sinks are introduced for emission absorption. These carbon sinks need solar energy input, i.e. 'ecological value added'. Emission absorption as well as GDP therefore become activities valued in the numeraire of the integrated system, i.e.'energy values'. From that sustainability indicators can be derived

  2. Children's motivation in elementary physical education: an expectancy-value model of achievement choice.

    Science.gov (United States)

    Xiang, Ping; McBride, Ron; Guan, Jianmin; Solmon, Melinda

    2003-03-01

    This study examined children's motivation in elementary physical education within an expectancy-value model developed by Eccles and her colleagues. Four hundred fourteen students in second and fourth grades completed questionnaires assessing their expectancy-related beliefs, subjective task values, and intention for future participation in physical education. Results indicated that expectancy-related beliefs and subjective task values were clearly distinguishable from one another across physical education and throwing. The two constructs were related to each other positively. Children's intention for future participation in physical education was positively associated with their subjective task values and/or expectancy-related beliefs. Younger children had higher motivation for learning in physical education than older children. Gender differences emerged and the findings provided empirical evidence supporting the validity of the expectancy-value model in elementary physical education.

  3. A two process model of burnout and work engagement: distinct implications of demands and values.

    Science.gov (United States)

    Leiter, M P

    2008-01-01

    A model of job burnout proposes two distinct processes. The first process concerns balance of demands to resources. A poor balance leads to chronic exhaustion, an integral aspect of the burnout syndrome. The second process concerns the congruence of individual and organizational values. The model proposes that value conflicts have implications for all three aspects of burnout. It also proposes that the impact of value conflicts has only minor implications for the exhaustion aspect of burnout; they are more relevant for the cynicism and inefficacy aspects of the syndrome. The model considers distinct processes at work that concern employees' perception of organizational justice and their trust in leadership. With a sample of 725 nurses, the analysis tested one component of the theory: the extent to which value congruence enhances the prediction of burnout beyond the prediction provided by demands and resources. Future directions are discussed.

  4. The Use of Indicators in Modified Historical Model to Estimate the Intrinsic Value of a Stock

    Directory of Open Access Journals (Sweden)

    Gottwald Radim

    2012-06-01

    Full Text Available The article mentions several methods of a fundamental analysis used to value stocks. It primarily focuses on the historical model. This model enables undervalued, correctly valued and overvalued stocks to be identified. The model is further modified in the article, using selected accounting indicators. The modified model versions are applied to selected stocks in the SPAD segment, Prague Stock Exchange, within the 2005-2010 period. Empirical analysis is applied to a comparison of accuracy of the accounting indicator value estimates and accuracy of stock intrinsic value estimates, both separately for each stock and accounting indicator. The comparisons of accuracy of the accounting indicator value estimates and the accuracy of the stock intrinsic value estimates are also done based on the length of applied time period. With respect to the obvious fierce competition between stock issuers within the financial markets, the model enables potential investors, who are to select from an extensive offer of stocks, to make better informed investment decisions.

  5. Representation of Solar Capacity Value in the ReEDS Capacity Expansion Model

    Energy Technology Data Exchange (ETDEWEB)

    Sigrin, B. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Sullivan, P. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Ibanez, E. [National Renewable Energy Lab. (NREL), Golden, CO (United States); Margolis, R. [National Renewable Energy Lab. (NREL), Golden, CO (United States)

    2014-03-01

    An important issue for electricity system operators is the estimation of renewables' capacity contributions to reliably meeting system demand, or their capacity value. While the capacity value of thermal generation can be estimated easily, assessment of wind and solar requires a more nuanced approach due to the resource variability. Reliability-based methods, particularly assessment of the Effective Load-Carrying Capacity, are considered to be the most robust and widely-accepted techniques for addressing this resource variability. This report compares estimates of solar PV capacity value by the Regional Energy Deployment System (ReEDS) capacity expansion model against two sources. The first comparison is against values published by utilities or other entities for known electrical systems at existing solar penetration levels. The second comparison is against a time-series ELCC simulation tool for high renewable penetration scenarios in the Western Interconnection. Results from the ReEDS model are found to compare well with both comparisons, despite being resolved at a super-hourly temporal resolution. Two results are relevant for other capacity-based models that use a super-hourly resolution to model solar capacity value. First, solar capacity value should not be parameterized as a static value, but must decay with increasing penetration. This is because -- for an afternoon-peaking system -- as solar penetration increases, the system's peak net load shifts to later in the day -- when solar output is lower. Second, long-term planning models should determine system adequacy requirements in each time period in order to approximate LOLP calculations. Within the ReEDS model we resolve these issues by using a capacity value estimate that varies by time-slice. Within each time period the net load and shadow price on ReEDS's planning reserve constraint signals the relative importance of additional firm capacity.

  6. Generalizing a model beyond the inherence heuristic and applying it to beliefs about objective value.

    Science.gov (United States)

    Wood, Graham

    2014-10-01

    The inherence heuristic is characterized as part of an instantiation of a more general model that describes the interaction between undeveloped intuitions, produced by System 1 heuristics, and developed beliefs, constructed by System 2 reasoning. The general model is described and illustrated by examining another instantiation of the process that constructs belief in objective moral value.

  7. Bioeconomic Modelling of Wetlands and Waterfowl in Western Canada: Accounting for Amenity Values

    NARCIS (Netherlands)

    Kooten, van G.C.; Whitey, P.; Wong, L.

    2011-01-01

    This study reexamines and updates an original bioeconomic model of optimal duck harvest and wetland retention by Hammack and Brown (1974, Waterfowl and Wetlands: Toward Bioeconomic Analysis. Washington, DC: Resources for the Future). It then extends the model to include the nonmarket (in situ) value

  8. A spatial-dynamic value transfer model of economic losses from a biological invasion

    Science.gov (United States)

    Thomas P. Holmes; Andrew M. Liebhold; Kent F. Kovacs; Betsy. Von Holle

    2010-01-01

    Rigorous assessments of the economic impacts of introduced species at broad spatial scales are required to provide credible information to policy makers. We propose that economic models of aggregate damages induced by biological invasions need to link microeconomic analyses of site-specific economic damages with spatial-dynamic models of value change associated with...

  9. Predictor Relationships between Values Held by Married Individuals, Resilience and Conflict Resolution Styles: A Model Suggestion

    Science.gov (United States)

    Tosun, Fatma; Dilmac, Bulent

    2015-01-01

    The aim of the present research is to reveal the predictor relationships between the values held by married individuals, resilience and conflict resolution styles. The research adopts a relational screening model that is a sub-type of the general screening model. The sample of the research consists of 375 married individuals, of which 173 are…

  10. Assessing the value of museums with a combined discrete choice/ count data model

    NARCIS (Netherlands)

    Rouwendal, J.; Boter, J.

    2009-01-01

    This article assesses the value of Dutch museums using information about destination choice as well as about the number of trips undertaken by an actor. Destination choice is analysed by means of a mixed logit model, and a count data model is used to explain trip generation. We use a

  11. Value-Added Models for Teacher Preparation Programs: Validity and Reliability Threats, and a Manageable Alternative

    Science.gov (United States)

    Brady, Michael P.; Heiser, Lawrence A.; McCormick, Jazarae K.; Forgan, James

    2016-01-01

    High-stakes standardized student assessments are increasingly used in value-added evaluation models to connect teacher performance to P-12 student learning. These assessments are also being used to evaluate teacher preparation programs, despite validity and reliability threats. A more rational model linking student performance to candidates who…

  12. Expectancy-Value models of health behaviour: the role of salience and anticipated affect

    NARCIS (Netherlands)

    van der Pligt, J.; de Vries, N.K.

    1998-01-01

    Expectancy-value models of health behaviour are based upon the assumption that this behaviour is determined by a subjective cost-benefit analysis. Generally, these models emphasize cognitive appraisal processes focusing on the likelihood and evaluation of the consequences of health-related

  13. Operationalizing the Concept of Value--An Action Research-Based Model

    Science.gov (United States)

    Naslund, Dag; Olsson, Annika; Karlsson, Sture

    2006-01-01

    Purpose: While the importance of measuring customer satisfaction levels is well established, less research exists on how organizations operationalize such knowledge. The purpose of this paper is to describe an action research (AR) case study resulting in a workshop model to operationalize the concept of value. The model facilitates organizational…

  14. Evaluating Portfolio Value-At-Risk Using Semi-Parametric GARCH Models

    NARCIS (Netherlands)

    J.V.K. Rombouts; M.J.C.M. Verbeek (Marno)

    2009-01-01

    textabstractIn this paper we examine the usefulness of multivariate semi-parametric GARCH models for evaluating the Value-at-Risk (VaR) of a portfolio with arbitrary weights. We specify and estimate several alternative multivariate GARCH models for daily returns on the S&P 500 and Nasdaq indexes.

  15. Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

    Directory of Open Access Journals (Sweden)

    Urbanovičová Petra

    2017-09-01

    Full Text Available The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled “Changing the potential of the company´s success using the principles of spiral management and its impact on corporate culture”. The current paper is a part of submitted VEGA project No.1/0348/17 “The impact of the coexistence of different generations of employees on the sustainable performance of organisations”. This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

  16. Analysing stratified medicine business models and value systems: innovation-regulation interactions.

    Science.gov (United States)

    Mittra, James; Tait, Joyce

    2012-09-15

    Stratified medicine offers both opportunities and challenges to the conventional business models that drive pharmaceutical R&D. Given the increasingly unsustainable blockbuster model of drug development, due in part to maturing product pipelines, alongside increasing demands from regulators, healthcare providers and patients for higher standards of safety, efficacy and cost-effectiveness of new therapies, stratified medicine promises a range of benefits to pharmaceutical and diagnostic firms as well as healthcare providers and patients. However, the transition from 'blockbusters' to what might now be termed 'niche-busters' will require the adoption of new, innovative business models, the identification of different and perhaps novel types of value along the R&D pathway, and a smarter approach to regulation to facilitate innovation in this area. In this paper we apply the Innogen Centre's interdisciplinary ALSIS methodology, which we have developed for the analysis of life science innovation systems in contexts where the value creation process is lengthy, expensive and highly uncertain, to this emerging field of stratified medicine. In doing so, we consider the complex collaboration, timing, coordination and regulatory interactions that shape business models, value chains and value systems relevant to stratified medicine. More specifically, we explore in some depth two convergence models for co-development of a therapy and diagnostic before market authorisation, highlighting the regulatory requirements and policy initiatives within the broader value system environment that have a key role in determining the probable success and sustainability of these models. Copyright © 2012 Elsevier B.V. All rights reserved.

  17. Model Recommended Values of Corporate Culture for Industrial Companies in Slovak Republic

    Science.gov (United States)

    Urbanovičová, Petra; Mikulášková, Justína; Čambál, Miloš

    2017-09-01

    The main objective of the paper is to describe the recommended values model of corporate culture and supporting business performance for industrial companies operating in the Slovak Republic. This model was developed on the basis of research results within the STU Project to support young researchers entitled "Changing the potential of the companýs success using the principles of spiral management and its impact on corporate culture". The current paper is a part of submitted VEGA project No.1/0348/17 "The impact of the coexistence of different generations of employees on the sustainable performance of organisations". This model will be the basis for defining corporate values and developing or changing corporate culture for the companies operating on or coming (from abroad) to the Slovak market. The characteristic features of the value model are simplicity, complexity and applicability. This model takes into account the current situation on the Slovak market. The values of this model have a different level of significance given and each value is defined by the specified principles.

  18. The value of load shifting. An estimate for Norway using the EMPS model

    International Nuclear Information System (INIS)

    Doorman, Gerard; Wolfgang, Ove

    2006-05-01

    An attempt is made to estimate the value of Load Shifting (LS) in the Norwegian system, using the EMPS model. A thorough update of the demand side model and cost estimates used in the model was done as a preparation for the project, and the report gives a comprehensive description of the demand models used. The LS measure that is analyzed is moving 600 MW demand in Norway from peak to lower demand hours during the day. The value of this was estimated both in a simplified manner (based on simulated price differences between these periods), and by simulations with the EMPS model and a subsequent calculation of the socio-economic surplus. Neither approaches showed any significant value. The results do not necessarily mean that the value in reality is zero - there are a number of limitations in the model which make it difficult to estimate the real value, like the representation of wind generation, demand variability, outages, exchange prices with continental Europe, flexibility of hydro and thermal generation, reserves and elasticity of demand in the short run. It was verified through sensitivity calculations that especially increasing reserve requirements and increasing the variability of wind generation increased price differences and therefore the value of LS. A number of improvements in the EMPS model and data are proposed to obtain a more suitable simulation model for this kind of analyses: 1) modeling of reserves, 2) representation of wind variability, 3) thermal generation models, 4) differentiation between long and short term price elasticity, 5) review of interconnection capacities, 6) use of quadratic losses and the 7) representation of more stochastic factors like e.g. outages in the simulations. Although the model at present clearly has its limitations with respect to estimating the value of LS, it appears that price differences between spot prices in the actual hours in reality are small. Comparison with Nord Pool spot prices for the years 2003

  19. Value-based Proposition for a Dedicated Interventional Pulmonology Suite: an Adaptable Business Model.

    Science.gov (United States)

    Desai, Neeraj R; French, Kim D; Diamond, Edward; Kovitz, Kevin L

    2018-05-31

    Value-based care is evolving with a focus on improving efficiency, reducing cost, and enhancing the patient experience. Interventional pulmonology has the opportunity to lead an effective value-based care model. This model is supported by the relatively low cost of pulmonary procedures and has the potential to improve efficiencies in thoracic care. We discuss key strategies to evaluate and improve efficiency in Interventional Pulmonology practice and describe our experience in developing an interventional pulmonology suite. Such a model can be adapted to other specialty areas and may encourage a more coordinated approach to specialty care. Copyright © 2018. Published by Elsevier Inc.

  20. Hierarchical Hidden Markov Models for Multivariate Integer-Valued Time-Series

    DEFF Research Database (Denmark)

    Catania, Leopoldo; Di Mari, Roberto

    2018-01-01

    We propose a new flexible dynamic model for multivariate nonnegative integer-valued time-series. Observations are assumed to depend on the realization of two additional unobserved integer-valued stochastic variables which control for the time-and cross-dependence of the data. An Expectation......-Maximization algorithm for maximum likelihood estimation of the model's parameters is derived. We provide conditional and unconditional (cross)-moments implied by the model, as well as the limiting distribution of the series. A Monte Carlo experiment investigates the finite sample properties of our estimation...

  1. Corroboration of the J-value model for life-expectancy growth in industrialised countries

    OpenAIRE

    Thomas, Philip

    2017-01-01

    After including an allowance for the gap between male and female life expectancies at birth diminishing over the past 50 years in industrialized countries, the J-value model incorporating “male catch-up” has been validated against actual UK data on life expectancy. A close correspondence has also been found between forecasts for life expectancy at birth in 35 countries made by the J-value model and those produced in a recent study that applied Bayesian model averaging to 21 demographic projec...

  2. Exploring the Relationship Between Business Model Innovation, Corporate Sustainability, and Organisational Values within the Fashion Industry

    DEFF Research Database (Denmark)

    Pedersen, Esben Rahbek Gjerdrum; Gwozdz, Wencke; Hvass, Kerli Kant

    2018-01-01

    their origin in the fundamental principles guiding the organisation. In addition, the study also finds a positive relationship between the core organisational values and financial performance. The analysis of the paper is based on survey responses from 492 managers within the Swedish fashion industry.......The objective of this paper is to examine the relationship between business model innovation, corporate sustainability, and the underlying organisational values. Moreover, the paper examines how the three dimensions correlate with corporate financial performance. It is concluded that companies...... with innovative business models are more likely to address corporate sustainability and that business model innovation and corporate sustainability alike are typically found in organisations rooted in values of flexibility and discretion. Business model innovation and corporate sustainability thus seem to have...

  3. Understanding Activation Patterns in Shared Circuits: Toward a Value Driven Model

    Directory of Open Access Journals (Sweden)

    Lisa Aziz-Zadeh

    2018-05-01

    Full Text Available Over the past decade many studies indicate that we utilize our own motor system to understand the actions of other people. This mirror neuron system (MNS has been proposed to be involved in social cognition and motor learning. However, conflicting findings regarding the underlying mechanisms that drive these shared circuits make it difficult to decipher a common model of their function. Here we propose adapting a “value-driven” model to explain discrepancies in the human mirror system literature and to incorporate this model with existing models. We will use this model to explain discrepant activation patterns in multiple shared circuits in the human data, such that a unified model may explain reported activation patterns from previous studies as a function of value.

  4. A lattice-valued linguistic decision model for nuclear safeguards applications

    International Nuclear Information System (INIS)

    Ruan, D.; Liu, J.; Carchon, R.

    2001-01-01

    In this study, we focus our attention on decision making models to process uncertainty-based information directly without transforming them into any particular membership function, i.e., directly using linguistic information (linguistic values) instead of numbers (numerical values). By analyzing the feature of linguistic values ordered by their means of common usage, we argue that the set of linguistic values should be characterized by a lattice structure. We propose the lattice structure based on a logical algebraic structure i.e., lattice implication algebra. Finally, we obtain a multi-objective decision-making model by extending Yager's multi-objective model from the following aspects: (1) extension of linguistic information: from a set of linear ordered linguistic labels (values) to that of lattice-valued linguistic labels; (2) extension of the combination function M, which is used to combine the individual ratings with the weights of criteria. We propose an implication operation form of M. The implication operation can be drawn from lattice implication algebra. As an illustration, we will finally apply this decision model to the evaluation problem in safeguard relevant information. (orig.)

  5. A New Five-Parameter Fréchet Model for Extreme Values

    Directory of Open Access Journals (Sweden)

    Muhammad Ahsan ul Haq

    2017-09-01

    Full Text Available A new five parameter Fréchet model for Extreme Values was proposed and studied. Various mathematical properties including moments, quantiles, and moment generating function were derived. Incomplete moments and probability weighted moments were also obtained. The maximum likelihood method was used to estimate the model parameters. The flexibility of the derived model was accessed using two real data set applications.

  6. Uniqueness of Gibbs Measure for Models with Uncountable Set of Spin Values on a Cayley Tree

    International Nuclear Information System (INIS)

    Eshkabilov, Yu. Kh.; Haydarov, F. H.; Rozikov, U. A.

    2013-01-01

    We consider models with nearest-neighbor interactions and with the set [0, 1] of spin values, on a Cayley tree of order K ≥ 1. It is known that the ‘splitting Gibbs measures’ of the model can be described by solutions of a nonlinear integral equation. For arbitrary k ≥ 2 we find a sufficient condition under which the integral equation has unique solution, hence under the condition the corresponding model has unique splitting Gibbs measure.

  7. An Improved Information Value Model Based on Gray Clustering for Landslide Susceptibility Mapping

    Directory of Open Access Journals (Sweden)

    Qianqian Ba

    2017-01-01

    Full Text Available Landslides, as geological hazards, cause significant casualties and economic losses. Therefore, it is necessary to identify areas prone to landslides for prevention work. This paper proposes an improved information value model based on gray clustering (IVM-GC for landslide susceptibility mapping. This method uses the information value derived from an information value model to achieve susceptibility classification and weight determination of landslide predisposing factors and, hence, obtain the landslide susceptibility of each study unit based on the clustering analysis. Using a landslide inventory of Chongqing, China, which contains 8435 landslides, three landslide susceptibility maps were generated based on the common information value model (IVM, an information value model improved by an analytic hierarchy process (IVM-AHP and our new improved model. Approximately 70% (5905 of the inventory landslides were used to generate the susceptibility maps, while the remaining 30% (2530 were used to validate the results. The training accuracies of the IVM, IVM-AHP and IVM-GC were 81.8%, 78.7% and 85.2%, respectively, and the prediction accuracies were 82.0%, 78.7% and 85.4%, respectively. The results demonstrate that all three methods perform well in evaluating landslide susceptibility. Among them, IVM-GC has the best performance.

  8. Nonpointlike-parton model with asymptotic scaling and with scaling violationat moderate Q2 values

    International Nuclear Information System (INIS)

    Chen, C.K.

    1981-01-01

    A nonpointlike-parton model is formulated on the basis of the assumption of energy-independent total cross sections of partons and the current-algebra sum rules. No specific strong-interaction Lagrangian density is introduced in this approach. This model predicts asymptotic scaling for the inelastic structure functions of nucleons on the one hand and scaling violation at moderate Q 2 values on the other hand. The predicted scaling-violation patterns at moderate Q 2 values are consistent with the observed scaling-violation patterns. A numerical fit of F 2 functions is performed in order to demonstrate that the predicted scaling-violation patterns of this model at moderate Q 2 values fit the data, and to see how the predicted asymptotic scaling behavior sets in at various x values. Explicit analytic forms of F 2 functions are obtained from this numerical fit, and are compared in detail with the analytic forms of F 2 functions obtained from the numerical fit of the quantum-chromodynamics (QCD) parton model. This comparison shows that this nonpointlike-parton model fits the data better than the QCD parton model, especially at large and small x values. Nachtman moments are computed from the F 2 functions of this model and are shown to agree with data well. It is also shown that the two-dimensional plot of the logarithm of a nonsinglet moment versus the logarithm of another such moment is not a good way to distinguish this nonpointlike-parton model from the QCD parton model

  9. Does the Model of Evaluation Based on Fair Value Answer the Requests of Financial Information Users?

    OpenAIRE

    Mitea Neluta; Sarac Aldea Laura

    2010-01-01

    Does the model of evaluation based on the fair value answers the requests of the financial information users? The financial situations have as purposes the presentation of the information concerning the enterprise financial position, the performances and modifications of this position which, according to IASB and FASB, must be credible and useful. Both referential maintain the existence of several conventions regarding assessment, like historical cost, actual cost, the realizable value or act...

  10. A Tuned Value Chain Model for University Based Public Research Organisation. Case Lut Cst.

    OpenAIRE

    Vesa Karvonen; Matti Karvonen; Andrzej Kraslawski

    2012-01-01

    The Porter´s value chain model was introduced for strategic business purposes. During the last decades also Universities and University based institutes have started to use actions similar to private business concepts. A University based institute is not independent actor like company but there are interest groups who are expecting them to act like they would be. This article discusses about the possibility of utilize tuned value chain to public research organizations (PRO). Also the interact...

  11. The model of the dependence of the abrasive wear value on the maximal linear wear

    Directory of Open Access Journals (Sweden)

    О.А. Вишневський

    2004-01-01

    Full Text Available  The relation of the contact area of the rubber roll with a sample and the maximal linear wear value is found. The mathematical model of the dependence of the wear volume weight value on the maximal dimple depth is presented with the friction on abrasive particles fixed nonrigidly. The relation of volume weight wear with the rubber roll contact surface area with a sample with the friction on abrasive particles fixed nonrigidly is established.

  12. A Tuned Value Chain Model for University Based Public Research Organisation: Case Lut Cst

    OpenAIRE

    Karvonen, Vesa; Karvonen, Matti; Kraslawski, Andrzej

    2012-01-01

    The Porter´s value chain model was introduced for strategic business purposes. During the last decades also Universities and University based institutes have started to use actions similar to private business concepts. A University based institute is not independent actor like company but there are interest groups who are expecting them to act like they would be. This article discusses about the possibility of utilize tuned value chain to public research organizations (PRO). Also the interact...

  13. Teaching Ethics in Higher Education Using the Values – Issues – Action (VIA Model

    Directory of Open Access Journals (Sweden)

    Crystal R Chambers

    2016-01-01

    Full Text Available Ethics content within higher education graduate programs can help higher education students as emerging leaders become more thoughtful about the decision making process. The purpose of the present manuscript is to explore one vehicle through which current and future higher education leaders can actively contemplate their values and how their values influence their actions when faced with an ethical challenge. The Values – Issue – Action (VIA Model for Ethical Decision Making is a tool for both classroom use and professional reflection through which one can reflect on their values (V and how those values shape how they perceive issues (I, and in turn shape their actions (A. Implications for teaching, learning, and practice are discussed.

  14. Technological Innovation and Beyond: Exploring Public Value of University Inventions Based on Contingent Effectiveness Model

    DEFF Research Database (Denmark)

    Milana, Evita; Li-Ying, Jason; Faria, Lourenco

    2017-01-01

    University inventions are traditionally seen as significant input into development of new technologies and innovations in the market as they generate growth and regional development. (REF) Yet, these inventions developed into new technologies can simultaneously create public values such as those...... that are related with sustainability goals. In this paper, we apply the Contingent Effectiveness Model by Bozeman et.al. (2015) as a framework to consider the effectiveness of technology transfer from university to industry via licensing, and examine what values derive during the commercialization process...... of university inventions. We define four main values: technological, economic, social and environmental, and place the latter two under the concept of public value. The aim of this paper is to expand the understanding of public value and incorporate it into technology transfer literature. We assign...

  15. Vacuum Expectation Value Profiles of the Bulk Scalar Field in the Generalized Randall-Sundrum Model

    International Nuclear Information System (INIS)

    Moazzen, M.; Tofighi, A.; Farokhtabar, A.

    2015-01-01

    In the generalized Randall-Sundrum warped brane-world model the cosmological constant induced on the visible brane can be positive or negative. In this paper we investigate profiles of vacuum expectation value of the bulk scalar field under general Dirichlet and Neumann boundary conditions in the generalized warped brane-world model. We show that the VEV profiles generally depend on the value of the brane cosmological constant. We find that the VEV profiles of the bulk scalar field for a visible brane with negative cosmological constant and positive tension are quite distinct from those of Randall-Sundrum model. In addition we show that the VEV profiles for a visible brane with large positive cosmological constant are also different from those of the Randall-Sundrum model. We also verify that Goldberger and Wise mechanism can work under nonzero Dirichlet boundary conditions in the generalized Randall-Sundrum model.

  16. A Time consistent model for monetary value of man-sievert

    International Nuclear Information System (INIS)

    Na, S.H.; Kim, Sun G.

    2008-01-01

    Full text: Performing a cost-benefit analysis to establish optimum levels of radiation protection under the ALARA principle, we introduce a discrete stepwise model to evaluate man-sievert monetary value of Korea. The model formula, which is unique and country-specific, is composed of GDP, the nominal risk coefficient for cancer and hereditary effects, the aversion factor against radiation exposure, and the average life expectancy. Unlike previous researches on alpha-value assessment, we showed different alpha values optimized with respect to various ranges of individual dose, which would be more realistic and applicable to the radiation protection area. Employing economically constant term of GDP we showed the real values of man-sievert by year, which should be consistent in time series comparison even under price level fluctuation. GDP deflators of an economy have to be applied to measure one's own consistent value of radiation protection by year. In addition, we recommend that the concept of purchasing power parity should be adopted if it needs international comparison of alpha values in real terms. Finally, we explain the way that this stepwise model can be generalized simply to other countries without normalizing any country-specific factors. (author)

  17. Value Chain Model Development of Tuna and Tuna Alike In Indonesia

    Directory of Open Access Journals (Sweden)

    Ateng Supriatna

    2014-11-01

    Full Text Available Sustainability of tuna and tuna alike fisheries depend on chain value system formed by stakeholders ranging from product fishing, processing/diversification, distribution, and marketing. The objective of this research was to create chain value system model of tuna and tuna alike fisheries, to predict the interaction pattern of stakeholders and to formulate the precise strategy to minimize the synergy resistance of chain value system development strategy of tuna and tuna alike fisheries. Structural Equation Modelling (SEM was applied to analyze the chain value model. The stakeholders/the players of tuna and tuna alike fisheries basically have positive interaction (CE>0.The negative interaction occured on retailers and consumers. Interaction of retailers with consumers is significant (p<0.05 0.01. Interaction pattern of fishermen, retailers, collectors, and exporters affected significantlly by pricing and the level of role played by the stakeholders. The strategy to minimize the sinergy resistance of chain value system development are respectivelly the strategy of involving the group of fishermen on products pricing (CE= 1,176 and P= 0,000, the strategy of involving the seller groups on products pricing (CE-PE=1,08, CE-PB= 0,766, CE EKS= 2,028 AND P= 0,000, and the strategy on guaranteeing flexible interaction between retailer and consumers (CE= 0,179 and p = 0,01.Keywords: tuna and tuna alike, interaction, tuna and tuna alike stakeholders, and value chain

  18. Analytic approximations to nonlinear boundary value problems modeling beam-type nano-electromechanical systems

    Energy Technology Data Exchange (ETDEWEB)

    Zou, Li [Dalian Univ. of Technology, Dalian City (China). State Key Lab. of Structural Analysis for Industrial Equipment; Liang, Songxin; Li, Yawei [Dalian Univ. of Technology, Dalian City (China). School of Mathematical Sciences; Jeffrey, David J. [Univ. of Western Ontario, London (Canada). Dept. of Applied Mathematics

    2017-06-01

    Nonlinear boundary value problems arise frequently in physical and mechanical sciences. An effective analytic approach with two parameters is first proposed for solving nonlinear boundary value problems. It is demonstrated that solutions given by the two-parameter method are more accurate than solutions given by the Adomian decomposition method (ADM). It is further demonstrated that solutions given by the ADM can also be recovered from the solutions given by the two-parameter method. The effectiveness of this method is demonstrated by solving some nonlinear boundary value problems modeling beam-type nano-electromechanical systems.

  19. The disconnected values model improves mental well-being and fitness in an employee wellness program.

    Science.gov (United States)

    Anshel, Mark H; Brinthaupt, Thomas M; Kang, Minsoo

    2010-01-01

    This study examined the effect of a 10-week wellness program on changes in physical fitness and mental well-being. The conceptual framework for this study was the Disconnected Values Model (DVM). According to the DVM, detecting the inconsistencies between negative habits and values (e.g., health, family, faith, character) and concluding that these "disconnects" are unacceptable promotes the need for health behavior change. Participants were 164 full-time employees at a university in the southeastern U.S. The program included fitness coaching and a 90-minute orientation based on the DVM. Multivariate Mixed Model analyses indicated significantly improved scores from pre- to post-intervention on selected measures of physical fitness and mental well-being. The results suggest that the Disconnected Values Model provides an effective cognitive-behavioral approach to generating health behavior change in a 10-week workplace wellness program.

  20. A P-value model for theoretical power analysis and its applications in multiple testing procedures

    Directory of Open Access Journals (Sweden)

    Fengqing Zhang

    2016-10-01

    Full Text Available Abstract Background Power analysis is a critical aspect of the design of experiments to detect an effect of a given size. When multiple hypotheses are tested simultaneously, multiplicity adjustments to p-values should be taken into account in power analysis. There are a limited number of studies on power analysis in multiple testing procedures. For some methods, the theoretical analysis is difficult and extensive numerical simulations are often needed, while other methods oversimplify the information under the alternative hypothesis. To this end, this paper aims to develop a new statistical model for power analysis in multiple testing procedures. Methods We propose a step-function-based p-value model under the alternative hypothesis, which is simple enough to perform power analysis without simulations, but not too simple to lose the information from the alternative hypothesis. The first step is to transform distributions of different test statistics (e.g., t, chi-square or F to distributions of corresponding p-values. We then use a step function to approximate each of the p-value’s distributions by matching the mean and variance. Lastly, the step-function-based p-value model can be used for theoretical power analysis. Results The proposed model is applied to problems in multiple testing procedures. We first show how the most powerful critical constants can be chosen using the step-function-based p-value model. Our model is then applied to the field of multiple testing procedures to explain the assumption of monotonicity of the critical constants. Lastly, we apply our model to a behavioral weight loss and maintenance study to select the optimal critical constants. Conclusions The proposed model is easy to implement and preserves the information from the alternative hypothesis.

  1. Modeling extreme PM10 concentration in Malaysia using generalized extreme value distribution

    Science.gov (United States)

    Hasan, Husna; Mansor, Nadiah; Salleh, Nur Hanim Mohd

    2015-05-01

    Extreme PM10 concentration from the Air Pollutant Index (API) at thirteen monitoring stations in Malaysia is modeled using the Generalized Extreme Value (GEV) distribution. The data is blocked into monthly selection period. The Mann-Kendall (MK) test suggests a non-stationary model so two models are considered for the stations with trend. The likelihood ratio test is used to determine the best fitted model and the result shows that only two stations favor the non-stationary model (Model 2) while the other eleven stations favor stationary model (Model 1). The return level of PM10 concentration that is expected to exceed the maximum once within a selected period is obtained.

  2. Business Value of Information Technology Service Quality Based on Probabilistic Business-Driven Model

    Directory of Open Access Journals (Sweden)

    Jaka Sembiring

    2015-08-01

    Full Text Available The business value of information technology (IT services is often difficult to assess, especially from the point of view of a non-IT manager. This condition could severely impact organizational IT strategic decisions. Various approaches have been proposed to quantify the business value, but some are trapped in technical complexity while others misguide managers into directly and subjectively judging some technical entities outside their domain of expertise. This paper describes a method on how to properly capture both perspectives based on a  probabilistic business-driven model. The proposed model presents a procedure to calculate the business value of IT services. The model also covers IT security services and their business value as an important aspect of IT services that is not covered in previously published researches. The impact of changes in the quality of IT services on business value will also be discussed. A simulation and a case illustration are provided to show the possible application of the proposed model for a simple business process in an enterprise.

  3. The role of initial values in nonstationary fractional time series models

    DEFF Research Database (Denmark)

    Johansen, Søren; Nielsen, Morten Ørregaard

    We consider the nonstationary fractional model $\\Delta^{d}X_{t}=\\varepsilon _{t}$ with $\\varepsilon_{t}$ i.i.d.$(0,\\sigma^{2})$ and $d>1/2$. We derive an analytical expression for the main term of the asymptotic bias of the maximum likelihood estimator of $d$ conditional on initial values, and we...... discuss the role of the initial values for the bias. The results are partially extended to other fractional models, and three different applications of the theoretical results are given....

  4. Empirical analyses of a choice model that captures ordering among attribute values

    DEFF Research Database (Denmark)

    Mabit, Stefan Lindhard

    2017-01-01

    an alternative additionally because it has the highest price. In this paper, we specify a discrete choice model that takes into account the ordering of attribute values across alternatives. This model is used to investigate the effect of attribute value ordering in three case studies related to alternative-fuel...... vehicles, mode choice, and route choice. In our application to choices among alternative-fuel vehicles, we see that especially the price coefficient is sensitive to changes in ordering. The ordering effect is also found in the applications to mode and route choice data where both travel time and cost...

  5. A novel business model for aggregating the values of electricity storage

    International Nuclear Information System (INIS)

    He Xian; Delarue, Erik; D'haeseleer, William; Glachant, Jean-Michel

    2011-01-01

    Electricity storage is considered as a valuable source of flexibility with applications covering the whole electricity value chain. Most of the existing evaluation methods for electricity storage are conceived for one specific use of the storage, which often leads to the conclusion that the investment on storage does not pay off. However, the value of storage cannot be properly estimated without taking into account the possibility of aggregating the services that storage can offer to different actors. This paper proposes a new business model that allows aggregating multiple revenue streams of electricity storage in a systematic way. The model consists in coordinating a series of auctions in which the right to utilize the storage unit is auctioned upon different time horizons. In the mean time, non-conflicting usage of storage by the actors in these different auctions is ensured. The functioning of the model is demonstrated by a case study. The results show that a storage unit can achieve higher return on investment in the manner proposed in the business model. - Research highlights: → Aggregation of the benefits of storage is necessary for the cost recovery of storage facilities. → The use of storage needs to be coordinated among different actors and upon different time horizons. → The aggregation of values of storage can be achieved by implementing an auction chain. → The model proposes a viable way to aggregate both regulated and deregulated values of storage.

  6. Measuring Children's Environmental Attitudes and Values in Northwest Mexico: Validating a Modified Version of Measures to Test the Model of Ecological Values (2-MEV)

    Science.gov (United States)

    Schneller, A. J.; Johnson, B.; Bogner, F. X.

    2015-01-01

    This paper describes the validation process of measuring children's attitudes and values toward the environment within a Mexican sample. We applied the Model of Ecological Values (2-MEV), which has been shown to be valid and reliable in 20 countries, including one Spanish speaking culture. Items were initially modified to fit the regional dialect,…

  7. MODELING OF THE INFLUENCE OF OPERATING INCOME ON THE VALUE OF INDUSTRIAL ENTERPRISE

    Directory of Open Access Journals (Sweden)

    Irina A. Kaluzhskikh

    2017-06-01

    Full Text Available Evaluation of the key factors in the cost of industrial enterprise is an important tool not only for the valuation of the newly acquired companies, but also in assessing the choice of the best of the alternative strategies for the development of existing companies, since it allows to evaluate the performance of the enterprise in terms of maximizing its value. The authors study the mechanisms of allocating such factors on the basis of the indicator of added economic value, and on the basis of assessing the influence of the key factors on the cost of the business.The components forming the indicator of added economic value are presented as secondorder factors. Third-order factors reflect the influence of certain indicators of revenues and operating expenses of invested capital i.e. the elements of control by senior managers. The article highlights the performance of the third order, affecting the value of the business: operating profit (EBIT; cost of equity (Кs; value of shareholders’ equity (S; cost of debt (Кd; value of the borrowed capital (D. The article highlights the key value drivers of the company, which are interrelated parameters, which allow to valuate business and to manage its development efficiently. To form the economic and mathematical model of assessing key factors of company’s valuation, the authors used the mathematical apparatus of assessing the company’s value sensitivity to the mentioned factors. As a result, the authors developed a model assessing the influence of operating profit factor on the value of the enterprise.

  8. A complex-valued firing-rate model that approximates the dynamics of spiking networks.

    Directory of Open Access Journals (Sweden)

    Evan S Schaffer

    2013-10-01

    Full Text Available Firing-rate models provide an attractive approach for studying large neural networks because they can be simulated rapidly and are amenable to mathematical analysis. Traditional firing-rate models assume a simple form in which the dynamics are governed by a single time constant. These models fail to replicate certain dynamic features of populations of spiking neurons, especially those involving synchronization. We present a complex-valued firing-rate model derived from an eigenfunction expansion of the Fokker-Planck equation and apply it to the linear, quadratic and exponential integrate-and-fire models. Despite being almost as simple as a traditional firing-rate description, this model can reproduce firing-rate dynamics due to partial synchronization of the action potentials in a spiking model, and it successfully predicts the transition to spike synchronization in networks of coupled excitatory and inhibitory neurons.

  9. A complex-valued firing-rate model that approximates the dynamics of spiking networks.

    Science.gov (United States)

    Schaffer, Evan S; Ostojic, Srdjan; Abbott, L F

    2013-10-01

    Firing-rate models provide an attractive approach for studying large neural networks because they can be simulated rapidly and are amenable to mathematical analysis. Traditional firing-rate models assume a simple form in which the dynamics are governed by a single time constant. These models fail to replicate certain dynamic features of populations of spiking neurons, especially those involving synchronization. We present a complex-valued firing-rate model derived from an eigenfunction expansion of the Fokker-Planck equation and apply it to the linear, quadratic and exponential integrate-and-fire models. Despite being almost as simple as a traditional firing-rate description, this model can reproduce firing-rate dynamics due to partial synchronization of the action potentials in a spiking model, and it successfully predicts the transition to spike synchronization in networks of coupled excitatory and inhibitory neurons.

  10. Predictive error dependencies when using pilot points and singular value decomposition in groundwater model calibration

    DEFF Research Database (Denmark)

    Christensen, Steen; Doherty, John

    2008-01-01

    A significant practical problem with the pilot point method is to choose the location of the pilot points. We present a method that is intended to relieve the modeler from much of this responsibility. The basic idea is that a very large number of pilot points are distributed more or less uniformly...... over the model area. Singular value decomposition (SVD) of the (possibly weighted) sensitivity matrix of the pilot point based model produces eigenvectors of which we pick a small number corresponding to significant eigenvalues. Super parameters are defined as factors through which parameter...... combinations corresponding to the chosen eigenvectors are multiplied to obtain the pilot point values. The model can thus be transformed from having many-pilot-point parameters to having a few super parameters that can be estimated by nonlinear regression on the basis of the available observations. (This...

  11. A method for defining value in healthcare using cancer care as a model.

    Science.gov (United States)

    Feeley, Thomas W; Fly, Helen Shafer; Albright, Heidi; Walters, Ronald; Burke, Thomas W

    2010-01-01

    Value-based healthcare delivery is being discussed in a variety of healthcare forums. This concept is of great importance in the reform of the US healthcare delivery system. Defining and applying the principles of value-based competition in healthcare delivery models will permit future evaluation of various delivery applications. However, there are relatively few examples of how to apply these principles to an existing care delivery system. In this article, we describe an approach for assessing the value created when treating cancer patients in a multidisciplinary care setting within a comprehensive cancer center. We describe the analysis of a multidisciplinary care center that treats head and neck cancers, and we attempt to examine how this center integrates with Porter and Teisberg's (2006) concept of value-based competition based on the results analysis. Using the relationship between outcomes and costs as the definition of value, we developed a methodology to analyze proposed outcomes for a population of patients treated using a multidisciplinary approach, and we matched those outcomes to the costs of the care provided. We present this work as a model for defining value for a subset of patients undergoing active treatment. The method can be applied not only to head and neck treatments, but to other modalities as well. Public reporting of this type of data for a variety of conditions can lead to improved competition in the healthcare marketplace and, as a result, improve outcomes and decrease health expenditures.

  12. RESEARCH ON THE BREEDING VALUE ESTIMATION FOR BEEF TRAITS BY A SIMPLIFIED MIXED MODEL

    Directory of Open Access Journals (Sweden)

    Agatha POPESCU

    2014-10-01

    Full Text Available The paper purpose was to apply a simplified mixed model BLUP for estimating bulls' breeding value for meat production in terms of weight daily gain and establish their hierarchy, Also, it aimed to compare the bulls' ranging obtained by a simplified BLUP mixed model with their hierarchy set up by contemporary comparison. A sample of 1,705 half sibs steers, offspring of 106 Friesian bulls were used as biological material. Bulls' breeding value varied between + 244.5 g for the best bull and -204.7 g for the bull with the weakest records. A number of 57 bulls ( 53.77% registered positive breeding values. The accuracy of the breeding value estimation varied between 80, the highest precision, in case of the bull number 21 and 53, the lowest precision, in case of the bull number 38. A number of 7 bulls of the total of 57 with a positive breeding value were situated aproximately on the same positions at a difference of 0 to 1 points on the both lists established by BLUP and contemporary comparison. As a conclusion, BLUP could be largely and easily applied in bull evaluation for meat production traits in term of weight daily gain, considered the key parameter during the fattening period and its precision is very high, a guarantee that the bulls' hierarchy is a correct one. If a farmer would chose a high breeding value bull from a catalogue, he could be sure of the improvement of beef production by genetic gain.

  13. Site-specific parameter values for the Nuclear Regulatory Commission's food pathway dose model

    International Nuclear Information System (INIS)

    Hamby, D.M.

    1992-01-01

    Routine operations at the Savannah River Site (SRS) in Western South Carolina result in radionuclide releases to the atmosphere and to the Savannah River. The resulting radiation doses to the off-site maximum individual and the off-site population within 80 km of the SRS are estimated on a yearly basis. These estimates are currently generated using dose models prescribed for the commercial nuclear power industry by the Nuclear Regulatory Commission (NRC). The NRC provides default values for dose-model parameters for facilities without resources to develop site-specific values. A survey of land- and water-use characteristics for the Savannah River area has been conducted to determine site-specific values for water recreation, consumption, and agricultural parameters used in the NRC Regulatory Guide 1.109 (1977) dosimetric models. These site parameters include local characteristics of meat, milk, and vegetable production; recreational and commercial activities on the Savannah River; and meat, milk, vegetable, and seafood consumption rates. This paper describes how parameter data were obtained at the Savannah River Site and the impacts of such data on off-site dose. Dose estimates using site-specific parameter values are compared to estimates using the NRC default values

  14. Substrantiation of the Weinberg angle value in 6-dimensional model of gravi-electroweak interactions

    International Nuclear Information System (INIS)

    Vladimirov, Yu.S.; Miroshnik, A.O.

    1988-01-01

    The 6-dimensional geometric theory combining the general relativity theory with the model of electroweak Weinberg-Salam interactions is suggested. The metric process of charged W ± -boson introduction when giving up the condition of metrics cylindricity according to additional coordinates is used. Mass mechanism of the Higgs type leads to correct relation between W ± - and Z-bozon masses. Total correspondence with the Weinberg-Salam model is shown. The value of the Weinberg angle is found theoretically

  15. Exact expectation values of local fields in the quantum sine-Gordon model

    International Nuclear Information System (INIS)

    Lukyanov, S.; Rossijskaya Akademiya Nauk, Chernogolovka; Zamolodchikov, A.; Rossijskaya Akademiya Nauk, Chernogolovka

    1997-01-01

    We propose an explicit expression for vacuum expectation values left angle e iaφ right angle of the exponential fields in the sine-Gordon model. Our expression agrees both with semi-classical results in the sine-Gordon theory and with perturbative calculations in the massive Thirring model. We use this expression to make new predictions about the large-distance asymptotic form of the two-point correlation function in the XXZ spin chain. (orig.)

  16. Valuing structure, model uncertainty and model averaging in vector autoregressive processes

    NARCIS (Netherlands)

    R.W. Strachan (Rodney); H.K. van Dijk (Herman)

    2004-01-01

    textabstractEconomic policy decisions are often informed by empirical analysis based on accurate econometric modeling. However, a decision-maker is usually only interested in good estimates of outcomes, while an analyst must also be interested in estimating the model. Accurate inference on

  17. A Novel Mean-Value Model of the Cardiovascular System Including a Left Ventricular Assist Device.

    Science.gov (United States)

    Ochsner, Gregor; Amacher, Raffael; Schmid Daners, Marianne

    2017-06-01

    Time-varying elastance models (TVEMs) are often used for simulation studies of the cardiovascular system with a left ventricular assist device (LVAD). Because these models are computationally expensive, they cannot be used for long-term simulation studies. In addition, their equilibria are periodic solutions, which prevent the extraction of a linear time-invariant model that could be used e.g. for the design of a physiological controller. In the current paper, we present a new type of model to overcome these problems: the mean-value model (MVM). The MVM captures the behavior of the cardiovascular system by representative mean values that do not change within the cardiac cycle. For this purpose, each time-varying element is manually converted to its mean-value counterpart. We compare the derived MVM to a similar TVEM in two simulation experiments. In both cases, the MVM is able to fully capture the inter-cycle dynamics of the TVEM. We hope that the new MVM will become a useful tool for researchers working on physiological control algorithms. This paper provides a plant model that enables for the first time the use of tools from classical control theory in the field of physiological LVAD control.

  18. Autoregressive-model-based missing value estimation for DNA microarray time series data.

    Science.gov (United States)

    Choong, Miew Keen; Charbit, Maurice; Yan, Hong

    2009-01-01

    Missing value estimation is important in DNA microarray data analysis. A number of algorithms have been developed to solve this problem, but they have several limitations. Most existing algorithms are not able to deal with the situation where a particular time point (column) of the data is missing entirely. In this paper, we present an autoregressive-model-based missing value estimation method (ARLSimpute) that takes into account the dynamic property of microarray temporal data and the local similarity structures in the data. ARLSimpute is especially effective for the situation where a particular time point contains many missing values or where the entire time point is missing. Experiment results suggest that our proposed algorithm is an accurate missing value estimator in comparison with other imputation methods on simulated as well as real microarray time series datasets.

  19. Mapping recreational visits and values of European National Parks by combining statistical modelling and unit value transfer

    NARCIS (Netherlands)

    Schägner, Jan Philipp; Brander, Luke; Maes, Joachim; Paracchini, Maria Luisa; Hartje, Volkmar

    2016-01-01

    Recreation is a major ecosystem service and an important co-benefit of nature conservation. The recreational value of National Parks (NPs) can be a strong argument in favour of allocating resources for preserving and creating NPs worldwide. Managing NPs to optimize recreational services can

  20. netherland hydrological modeling instrument

    Science.gov (United States)

    Hoogewoud, J. C.; de Lange, W. J.; Veldhuizen, A.; Prinsen, G.

    2012-04-01

    Netherlands Hydrological Modeling Instrument A decision support system for water basin management. J.C. Hoogewoud , W.J. de Lange ,A. Veldhuizen , G. Prinsen , The Netherlands Hydrological modeling Instrument (NHI) is the center point of a framework of models, to coherently model the hydrological system and the multitude of functions it supports. Dutch hydrological institutes Deltares, Alterra, Netherlands Environmental Assessment Agency, RWS Waterdienst, STOWA and Vewin are cooperating in enhancing the NHI for adequate decision support. The instrument is used by three different ministries involved in national water policy matters, for instance the WFD, drought management, manure policy and climate change issues. The basis of the modeling instrument is a state-of-the-art on-line coupling of the groundwater system (MODFLOW), the unsaturated zone (metaSWAP) and the surface water system (MOZART-DM). It brings together hydro(geo)logical processes from the column to the basin scale, ranging from 250x250m plots to the river Rhine and includes salt water flow. The NHI is validated with an eight year run (1998-2006) with dry and wet periods. For this run different parts of the hydrology have been compared with measurements. For instance, water demands in dry periods (e.g. for irrigation), discharges at outlets, groundwater levels and evaporation. A validation alone is not enough to get support from stakeholders. Involvement from stakeholders in the modeling process is needed. There fore to gain sufficient support and trust in the instrument on different (policy) levels a couple of actions have been taken: 1. a transparent evaluation of modeling-results has been set up 2. an extensive program is running to cooperate with regional waterboards and suppliers of drinking water in improving the NHI 3. sharing (hydrological) data via newly setup Modeling Database for local and national models 4. Enhancing the NHI with "local" information. The NHI is and has been used for many

  1. Subjective value of risky foods for individual domestic chicks: a hierarchical Bayesian model.

    Science.gov (United States)

    Kawamori, Ai; Matsushima, Toshiya

    2010-05-01

    For animals to decide which prey to attack, the gain and delay of the food item must be integrated in a value function. However, the subjective value is not obtained by expected profitability when it is accompanied by risk. To estimate the subjective value, we examined choices in a cross-shaped maze with two colored feeders in domestic chicks. When tested by a reversal in food amount or delay, chicks changed choices similarly in both conditions (experiment 1). We therefore examined risk sensitivity for amount and delay (experiment 2) by supplying one feeder with food of fixed profitability and the alternative feeder with high- or low-profitability food at equal probability. Profitability varied in amount (groups 1 and 2 at high and low variance) or in delay (group 3). To find the equilibrium, the amount (groups 1 and 2) or delay (group 3) of the food in the fixed feeder was adjusted in a total of 18 blocks. The Markov chain Monte Carlo method was applied to a hierarchical Bayesian model to estimate the subjective value. Chicks undervalued the variable feeder in group 1 and were indifferent in group 2 but overvalued the variable feeder in group 3 at a population level. Re-examination without the titration procedure (experiment 3) suggested that the subjective value was not absolute for each option. When the delay was varied, the variable option was often given a paradoxically high value depending on fixed alternative. Therefore, the basic assumption of the uniquely determined value function might be questioned.

  2. Value-based choice: An integrative, neuroscience-informed model of health goals.

    Science.gov (United States)

    Berkman, Elliot T

    2018-01-01

    Traditional models of health behaviour focus on the roles of cognitive, personality and social-cognitive constructs (e.g. executive function, grit, self-efficacy), and give less attention to the process by which these constructs interact in the moment that a health-relevant choice is made. Health psychology needs a process-focused account of how various factors are integrated to produce the decisions that determine health behaviour. I present an integrative value-based choice model of health behaviour, which characterises the mechanism by which a variety of factors come together to determine behaviour. This model imports knowledge from research on behavioural economics and neuroscience about how choices are made to the study of health behaviour, and uses that knowledge to generate novel predictions about how to change health behaviour. I describe anomalies in value-based choice that can be exploited for health promotion, and review neuroimaging evidence about the involvement of midline dopamine structures in tracking and integrating value-related information during choice. I highlight how this knowledge can bring insights to health psychology using illustrative case of healthy eating. Value-based choice is a viable model for health behaviour and opens new avenues for mechanism-focused intervention.

  3. Accounting for Co-Teaching: A Guide for Policymakers and Developers of Value-Added Models

    Science.gov (United States)

    Isenberg, Eric; Walsh, Elias

    2015-01-01

    We outline the options available to policymakers for addressing co-teaching in a value-added model. Building on earlier work, we propose an improvement to a method of accounting for co-teaching that treats co-teachers as teams, with each teacher receiving equal credit for co-taught students. Hock and Isenberg (2012) described a method known as the…

  4. Using John M. Keller's MVP Model in Teaching Professional Values and Behaviors

    Science.gov (United States)

    Theall, Michael; Graham, DeBorah D.

    2017-01-01

    This chapter discusses teaching and learning in the affective domain and the development of beliefs, values, and behaviors common in professional school education. We use Keller's MVP model as the basis for designing a teacher education course where professional "dispositions" are critical learning outcomes.

  5. Using many pilot points and singular value decomposition in groundwater model calibration

    DEFF Research Database (Denmark)

    Christensen, Steen; Doherty, John

    2008-01-01

    over the model area. Singular value decomposition (SVD) of the normal matrix is used to reduce the large number of pilot point parameters to a smaller number of so-called super parameters that can be estimated by nonlinear regression from the available observations. A number of eigenvectors...

  6. Methods for Accounting for Co-Teaching in Value-Added Models. Working Paper

    Science.gov (United States)

    Hock, Heinrich; Isenberg, Eric

    2012-01-01

    Isolating the effect of a given teacher on student achievement (value-added modeling) is complicated when the student is taught the same subject by more than one teacher. We consider three methods, which we call the Partial Credit Method, Teacher Team Method, and Full Roster Method, for estimating teacher effects in the presence of co-teaching.…

  7. A time series model: First-order integer-valued autoregressive (INAR(1))

    Science.gov (United States)

    Simarmata, D. M.; Novkaniza, F.; Widyaningsih, Y.

    2017-07-01

    Nonnegative integer-valued time series arises in many applications. A time series model: first-order Integer-valued AutoRegressive (INAR(1)) is constructed by binomial thinning operator to model nonnegative integer-valued time series. INAR (1) depends on one period from the process before. The parameter of the model can be estimated by Conditional Least Squares (CLS). Specification of INAR(1) is following the specification of (AR(1)). Forecasting in INAR(1) uses median or Bayesian forecasting methodology. Median forecasting methodology obtains integer s, which is cumulative density function (CDF) until s, is more than or equal to 0.5. Bayesian forecasting methodology forecasts h-step-ahead of generating the parameter of the model and parameter of innovation term using Adaptive Rejection Metropolis Sampling within Gibbs sampling (ARMS), then finding the least integer s, where CDF until s is more than or equal to u . u is a value taken from the Uniform(0,1) distribution. INAR(1) is applied on pneumonia case in Penjaringan, Jakarta Utara, January 2008 until April 2016 monthly.

  8. Towards a value model for collaborative, business intelligence-supported risk assessment

    NARCIS (Netherlands)

    Liu, L.; Daniëls, H.A.M.; Johannesson, P.

    2012-01-01

    Collaborative business intelligence supports risk assessment and in return enhances management control on a business network. Nonetheless, it needs an incentive basis in the first place before it can be implemented, that is, the value model. Starting from the managerial challenges which arise from

  9. Youth Work that Is of Value: Towards a Model of Best Practice

    Science.gov (United States)

    Bruce, Judy; Boyce, Kim; Campbell, Jono; Harrington, John; Major, Duane; Williams, Ange

    2009-01-01

    How do funding providers make informed decisions about funding youth work programs and services? One provider in New Zealand commissioned a group of participant-researchers to explore the question "What is youth work of value?" and then develop a model of best practice. The findings have implications for both youth work practitioners and…

  10. Valuing snorkeling visits to the Florida Keys with stated and revealed preference models

    Science.gov (United States)

    Timothy Park; J. Michael Bowker; Vernon R. Leeworthy

    2002-01-01

    Coastal coral reefs, especially in the Florida Keys, are declining at a disturbing rate. Marine ecologists and reef scientists have emphasized the importance of establishing nonmarket values of coral reefs to assess the cost effectiveness of coral reef management and remediation programs. The purpose of this paper is to develop a travel cost--contingent valuation model...

  11. Measurement Error and Bias in Value-Added Models. Research Report. ETS RR-17-25

    Science.gov (United States)

    Kane, Michael T.

    2017-01-01

    By aggregating residual gain scores (the differences between each student's current score and a predicted score based on prior performance) for a school or a teacher, value-added models (VAMs) can be used to generate estimates of school or teacher effects. It is known that random errors in the prior scores will introduce bias into predictions of…

  12. Smart City Research : Contextual Conditions, Governance Models, and Public Value Assessment

    NARCIS (Netherlands)

    Meijer, Albert J.; Gil-Garcia, J. Ramon; Bolívar, Manuel Pedro Rodríguez

    2016-01-01

    There are three issues that are crucial to advancing our academic understanding of smart cities: (1) contextual conditions, (2) governance models, and (3) the assessment of public value. A brief review of recent literature and the analysis of the included papers provide support for the assumption

  13. Doubting What to Eat: A Computational Model for Food Choice Using Different Valuing Perspectives

    NARCIS (Netherlands)

    Abro, Altaf H.; Treur, Jan; Hirose, Akira; Ozawa, Seiichi; Doya, Kenji; Lee, Minho; Liu, Derong

    2016-01-01

    In this paper a computational model for the decision making process of food choices is presented that takes into account a number of aspects on which a decision can be based, for example, a temptation triggered by the food itself, a desire for food triggered by being hungry, valuing by the expected

  14. A framework for estimating health state utility values within a discrete choice experiment: modeling risky choices.

    Science.gov (United States)

    Robinson, Angela; Spencer, Anne; Moffatt, Peter

    2015-04-01

    There has been recent interest in using the discrete choice experiment (DCE) method to derive health state utilities for use in quality-adjusted life year (QALY) calculations, but challenges remain. We set out to develop a risk-based DCE approach to derive utility values for health states that allowed 1) utility values to be anchored directly to normal health and death and 2) worse than dead health states to be assessed in the same manner as better than dead states. Furthermore, we set out to estimate alternative models of risky choice within a DCE model. A survey was designed that incorporated a risk-based DCE and a "modified" standard gamble (SG). Health state utility values were elicited for 3 EQ-5D health states assuming "standard" expected utility (EU) preferences. The DCE model was then generalized to allow for rank-dependent expected utility (RDU) preferences, thereby allowing for probability weighting. A convenience sample of 60 students was recruited and data collected in small groups. Under the assumption of "standard" EU preferences, the utility values derived within the DCE corresponded fairly closely to the mean results from the modified SG. Under the assumption of RDU preferences, the utility values estimated are somewhat lower than under the assumption of standard EU, suggesting that the latter may be biased upward. Applying the correct model of risky choice is important whether a modified SG or a risk-based DCE is deployed. It is, however, possible to estimate a probability weighting function within a DCE and estimate "unbiased" utility values directly, which is not possible within a modified SG. We conclude by setting out the relative strengths and weaknesses of the 2 approaches in this context. © The Author(s) 2014.

  15. EVT in electricity price modeling : extreme value theory not only on the extreme events

    International Nuclear Information System (INIS)

    Marossy, Z.

    2007-01-01

    The extreme value theory (EVT) is commonly used in electricity and financial risk modeling. In this study, EVT was used to model the distribution of electricity prices. The model was built on the price formation in electricity auction markets. This paper reviewed the 3 main modeling approaches used to describe the distribution of electricity prices. The first approach is based on a stochastic model of the electricity price time series and uses this stochastic model to generate the given distribution. The second approach involves electricity supply and demand factors that determine the price distribution. The third approach involves agent-based models which use simulation techniques to write down the price distribution. A fourth modeling approach was then proposed to describe the distribution of electricity prices. The new approach determines the distribution of electricity prices directly without knowing anything about the data generating process or market driving forces. Empirical data confirmed that the distribution of electricity prices have a generalized extreme value (GEV) distribution. 8 refs., 2 tabs., 5 figs

  16. Deviations from tribimaximal mixing due to the vacuum expectation value misalignment in A4 models

    International Nuclear Information System (INIS)

    Barry, James; Rodejohann, Werner

    2010-01-01

    The addition of an A 4 family symmetry and extended Higgs sector to the standard model can generate the tribimaximal mixing pattern for leptons, assuming the correct vacuum expectation value alignment of the Higgs scalars. Deviating this alignment affects the predictions for the neutrino oscillation and neutrino mass observables. An attempt is made to classify the plethora of models in the literature, with respect to the chosen A 4 particle assignments. Of these models, two particularly popular examples have been analyzed for deviations from tribimaximal mixing by perturbing the vacuum expectation value alignments. The effect of perturbations on the mixing angle observables is studied. However, it is only investigation of the mass-related observables (the effective mass for neutrinoless double beta decay and the sum of masses from cosmology) that can lead to the exclusion of particular models by constraints from future data, which indicates the importance of neutrino mass in disentangling models. The models have also been tested for fine-tuning of the parameters. Furthermore, a well-known seesaw model is generalized to include additional scalars, which transform as representations of A 4 not included in the original model.

  17. Modeling annual extreme temperature using generalized extreme value distribution: A case study in Malaysia

    Science.gov (United States)

    Hasan, Husna; Salam, Norfatin; Kassim, Suraiya

    2013-04-01

    Extreme temperature of several stations in Malaysia is modeled by fitting the annual maximum to the Generalized Extreme Value (GEV) distribution. The Augmented Dickey Fuller (ADF) and Phillips Perron (PP) tests are used to detect stochastic trends among the stations. The Mann-Kendall (MK) test suggests a non-stationary model. Three models are considered for stations with trend and the Likelihood Ratio test is used to determine the best-fitting model. The results show that Subang and Bayan Lepas stations favour a model which is linear for the location parameters while Kota Kinabalu and Sibu stations are suitable with a model in the logarithm of the scale parameters. The return level is the level of events (maximum temperature) which is expected to be exceeded once, on average, in a given number of years, is obtained.

  18. Value-added strategy models to provide quality services in senior health business.

    Science.gov (United States)

    Yang, Ya-Ting; Lin, Neng-Pai; Su, Shyi; Chen, Ya-Mei; Chang, Yao-Mao; Handa, Yujiro; Khan, Hafsah Arshed Ali; Elsa Hsu, Yi-Hsin

    2017-06-20

    The rapid population aging is now a global issue. The increase in the elderly population will impact the health care industry and health enterprises; various senior needs will promote the growth of the senior health industry. Most senior health studies are focused on the demand side and scarcely on supply. Our study selected quality enterprises focused on aging health and analyzed different strategies to provide excellent quality services to senior health enterprises. We selected 33 quality senior health enterprises in Taiwan and investigated their excellent quality services strategies by face-to-face semi-structured in-depth interviews with CEO and managers of each enterprise in 2013. A total of 33 senior health enterprises in Taiwan. Overall, 65 CEOs and managers of 33 enterprises were interviewed individually. None. Core values and vision, organization structure, quality services provided, strategies for quality services. This study's results indicated four type of value-added strategy models adopted by senior enterprises to offer quality services: (i) residential care and co-residence model, (ii) home care and living in place model, (iii) community e-business experience model and (iv) virtual and physical portable device model. The common part in these four strategy models is that the services provided are elderly centered. These models offer virtual and physical integrations, and also offer total solutions for the elderly and their caregivers. Through investigation of successful strategy models for providing quality services to seniors, we identified opportunities to develop innovative service models and successful characteristics, also policy implications were summarized. The observations from this study will serve as a primary evidenced base for enterprises developing their senior market and, also for promoting the value co-creation possibility through dialogue between customers and those that deliver service. © The Author 2017. Published by Oxford

  19. Measuring and Managing Value Co-Creation Process: Overview of Existing Theoretical Models

    Directory of Open Access Journals (Sweden)

    Monika Skaržauskaitė

    2013-08-01

    Full Text Available Purpose — the article is to provide a holistic view on concept of value co-creation and existing models for measuring and managing it by conducting theoretical analysis of scientific literature sources targeting the integration of various approaches. Most important and relevant results of the literature study are presented with a focus on changed roles of organizations and consumers. This article aims at contributing theoretically to the research stream of measuring co-creation of value in order to gain knowledge for improvement of organizational performance and enabling new and innovative means of value creation. Design/methodology/approach. The nature of this research is exploratory – theoretical analysis and synthesis of scientific literature sources targeting the integration of various approaches was performed. This approach was chosen due to the absence of established theory on models of co-creation, possible uses in organizations and systematic overview of tools measuring/suggesting how to measure co-creation. Findings. While the principles of managing and measuring co-creation in regards of consumer motivation and involvement are widely researched, little attempt has been made to identify critical factors and create models dealing with organizational capabilities and managerial implications of value co-creation. Systematic analysis of literature revealed a gap not only in empirical research concerning organization’s role in co-creation process, but in theoretical and conceptual levels, too. Research limitations/implications. The limitations of this work as a literature review lies in its nature – the complete reliance on previously published research papers and the availability of these studies. For a deeper understanding of co-creation management and for developing models that can be used in real-life organizations, a broader theoretical, as well as empirical, research is necessary. Practical implications. Analysis of the

  20. Uncertainty analyses of the calibrated parameter values of a water quality model

    Science.gov (United States)

    Rode, M.; Suhr, U.; Lindenschmidt, K.-E.

    2003-04-01

    For river basin management water quality models are increasingly used for the analysis and evaluation of different management measures. However substantial uncertainties exist in parameter values depending on the available calibration data. In this paper an uncertainty analysis for a water quality model is presented, which considers the impact of available model calibration data and the variance of input variables. The investigation was conducted based on four extensive flowtime related longitudinal surveys in the River Elbe in the years 1996 to 1999 with varying discharges and seasonal conditions. For the model calculations the deterministic model QSIM of the BfG (Germany) was used. QSIM is a one dimensional water quality model and uses standard algorithms for hydrodynamics and phytoplankton dynamics in running waters, e.g. Michaelis Menten/Monod kinetics, which are used in a wide range of models. The multi-objective calibration of the model was carried out with the nonlinear parameter estimator PEST. The results show that for individual flow time related measuring surveys very good agreements between model calculation and measured values can be obtained. If these parameters are applied to deviating boundary conditions, substantial errors in model calculation can occur. These uncertainties can be decreased with an increased calibration database. More reliable model parameters can be identified, which supply reasonable results for broader boundary conditions. The extension of the application of the parameter set on a wider range of water quality conditions leads to a slight reduction of the model precision for the specific water quality situation. Moreover the investigations show that highly variable water quality variables like the algal biomass always allow a smaller forecast accuracy than variables with lower coefficients of variation like e.g. nitrate.

  1. Study on the Cooperative E-commerce Model between Enterprises based on the Value Chain

    Institute of Scientific and Technical Information of China (English)

    XU Jun[1,2; LIU Xiaoxing[1

    2015-01-01

    The real e-commerce between enterprises is based on the internal departments of enterprises and the cooperative interaction between enterprise and its partners. In this paper, on the basis of the theory of value chain, 11 cooperative e-commerce models between enterprises have been classified according to the activities of the cooperation between enterprises, and then every cooperative e-commerce model between enterprises is discussed. In practice, cooperative e-commerce between enterprises can be a combination of one or more e-commerce models between enterprises.

  2. A fuzzy inventory model with acceptable shortage using graded mean integration value method

    Science.gov (United States)

    Saranya, R.; Varadarajan, R.

    2018-04-01

    In many inventory models uncertainty is due to fuzziness and fuzziness is the closed possible approach to reality. In this paper, we proposed a fuzzy inventory model with acceptable shortage which is completely backlogged. We fuzzily the carrying cost, backorder cost and ordering cost using Triangular and Trapezoidal fuzzy numbers to obtain the fuzzy total cost. The purpose of our study is to defuzzify the total profit function by Graded Mean Integration Value Method. Further a numerical example is also given to demonstrate the developed crisp and fuzzy models.

  3. Mean values of the LMM Auger transition in a KLM model

    Energy Technology Data Exchange (ETDEWEB)

    Malonda, A. Grau [Departamento Proyectos Estrategicos, CIEMAT, Avda. Complutense 22, 28040 Madrid (Spain)]. E-mail: agustin.grau@ciemat.es; Carles, A. Grau [Instituto de Matematicas y Fisica Fundamental (CSIC), Dcho. 211, C/Serrano, 113b, 28006 Madrid (Spain); Garcia, G. [Instituto de Matematicas y Fisica Fundamental (CSIC), Dcho. 211, C/Serrano, 113b, 28006 Madrid (Spain)

    2006-10-15

    The standardization of radionuclides decaying by electron capture can be carried out in LS counters by the CIEMAT/NIST method. The KLM model considers a simplified atomic rearrangement model in which all L- and M-subshells have been averaged. In this paper, instead of considering the 22 rearrangement pathways of the KLM model, we concentrate our analysis on the pathways corresponding to L-Auger electron transition. It is proved that the counting efficiency depends strongly on the energy E(LMM). Therefore, it is important to know the optimum value for E(LMM) and how to obtain it. To this end, the equations of the probabilities and the reduced energies for 3816 atomic rearrangement pathways have been derived. To average the equations, a computer program called MOYEN has been developed. The energy E(LMM) has been computed for {sup 55}Fe and {sup 125}I from different mean value definitions.

  4. Application of the Value Optimization Model of Key Factors Based on DSEM

    Directory of Open Access Journals (Sweden)

    Chao Su

    2016-01-01

    Full Text Available The key factors of the damping solvent extraction method (DSEM for the analysis of the unbounded medium are the size of bounded domain, the artificial damping ratio, and the finite element mesh density. To control the simulation accuracy and computational efficiency of the soil-structure interaction, this study establishes a value optimization model of key factors that is composed of the design variables, the objective function, and the constraint function system. Then the optimum solutions of key factors are obtained by the optimization model. According to some comparisons of the results provided by the different initial conditions, the value optimization model of key factors is feasible to govern the simulation accuracy and computational efficiency and to analyze the practical unbounded medium-structure interaction.

  5. Prediction of bakery products nutritive value based on mathematical modeling of biochemical reactions

    Directory of Open Access Journals (Sweden)

    E. I. Ponomareva

    2013-01-01

    Full Text Available Researches are devoted to identifying changes in the chemical composition of whole-grain wheat bread during baking and to forecasting of food value of bakery products by mathematical modeling of biochemical transformations. The received model represents the invariant composition, considering speed of biochemical reactions at a batch of bakery products, and allowing conduct virtual experiments to develop new types of bread for various categories of the population, including athletes. The offered way of modeling of biochemical transformations at a stage of heat treatment allows to predict food value of bakery products, without spending funds for raw materials and large volume of experiment that will provide possibility of economy of material resources at a stage of development of new types of bakery products and possibility of production efficiency increase.

  6. Mean values of the LMM Auger transition in a KLM model

    International Nuclear Information System (INIS)

    Malonda, A. Grau; Carles, A. Grau; Garcia, G.

    2006-01-01

    The standardization of radionuclides decaying by electron capture can be carried out in LS counters by the CIEMAT/NIST method. The KLM model considers a simplified atomic rearrangement model in which all L- and M-subshells have been averaged. In this paper, instead of considering the 22 rearrangement pathways of the KLM model, we concentrate our analysis on the pathways corresponding to L-Auger electron transition. It is proved that the counting efficiency depends strongly on the energy E(LMM). Therefore, it is important to know the optimum value for E(LMM) and how to obtain it. To this end, the equations of the probabilities and the reduced energies for 3816 atomic rearrangement pathways have been derived. To average the equations, a computer program called MOYEN has been developed. The energy E(LMM) has been computed for 55 Fe and 125 I from different mean value definitions

  7. Modeling Polio Data Using the First Order Non-Negative Integer-Valued Autoregressive, INAR(1), Model

    Science.gov (United States)

    Vazifedan, Turaj; Shitan, Mahendran

    Time series data may consists of counts, such as the number of road accidents, the number of patients in a certain hospital, the number of customers waiting for service at a certain time and etc. When the value of the observations are large it is usual to use Gaussian Autoregressive Moving Average (ARMA) process to model the time series. However if the observed counts are small, it is not appropriate to use ARMA process to model the observed phenomenon. In such cases we need to model the time series data by using Non-Negative Integer valued Autoregressive (INAR) process. The modeling of counts data is based on the binomial thinning operator. In this paper we illustrate the modeling of counts data using the monthly number of Poliomyelitis data in United States between January 1970 until December 1983. We applied the AR(1), Poisson regression model and INAR(1) model and the suitability of these models were assessed by using the Index of Agreement(I.A.). We found that INAR(1) model is more appropriate in the sense it had a better I.A. and it is natural since the data are counts.

  8. An improved multi-value cellular automata model for heterogeneous bicycle traffic flow

    Energy Technology Data Exchange (ETDEWEB)

    Jin, Sheng [College of Civil Engineering and Architecture, Zhejiang University, Hangzhou, 310058 China (China); Qu, Xiaobo [Griffith School of Engineering, Griffith University, Gold Coast, 4222 Australia (Australia); Xu, Cheng [Department of Transportation Management Engineering, Zhejiang Police College, Hangzhou, 310053 China (China); College of Transportation, Jilin University, Changchun, 130022 China (China); Ma, Dongfang, E-mail: mdf2004@zju.edu.cn [Ocean College, Zhejiang University, Hangzhou, 310058 China (China); Wang, Dianhai [College of Civil Engineering and Architecture, Zhejiang University, Hangzhou, 310058 China (China)

    2015-10-16

    This letter develops an improved multi-value cellular automata model for heterogeneous bicycle traffic flow taking the higher maximum speed of electric bicycles into consideration. The update rules of both regular and electric bicycles are improved, with maximum speeds of two and three cells per second respectively. Numerical simulation results for deterministic and stochastic cases are obtained. The fundamental diagrams and multiple states effects under different model parameters are analyzed and discussed. Field observations were made to calibrate the slowdown probabilities. The results imply that the improved extended Burgers cellular automata (IEBCA) model is more consistent with the field observations than previous models and greatly enhances the realism of the bicycle traffic model. - Highlights: • We proposed an improved multi-value CA model with higher maximum speed. • Update rules are introduced for heterogeneous bicycle traffic with maximum speed 2 and 3 cells/s. • Simulation results of the proposed model are consistent with field bicycle data. • Slowdown probabilities of both regular and electric bicycles are calibrated.

  9. An improved multi-value cellular automata model for heterogeneous bicycle traffic flow

    International Nuclear Information System (INIS)

    Jin, Sheng; Qu, Xiaobo; Xu, Cheng; Ma, Dongfang; Wang, Dianhai

    2015-01-01

    This letter develops an improved multi-value cellular automata model for heterogeneous bicycle traffic flow taking the higher maximum speed of electric bicycles into consideration. The update rules of both regular and electric bicycles are improved, with maximum speeds of two and three cells per second respectively. Numerical simulation results for deterministic and stochastic cases are obtained. The fundamental diagrams and multiple states effects under different model parameters are analyzed and discussed. Field observations were made to calibrate the slowdown probabilities. The results imply that the improved extended Burgers cellular automata (IEBCA) model is more consistent with the field observations than previous models and greatly enhances the realism of the bicycle traffic model. - Highlights: • We proposed an improved multi-value CA model with higher maximum speed. • Update rules are introduced for heterogeneous bicycle traffic with maximum speed 2 and 3 cells/s. • Simulation results of the proposed model are consistent with field bicycle data. • Slowdown probabilities of both regular and electric bicycles are calibrated

  10. Review of utility values for economic modeling in type 2 diabetes.

    Science.gov (United States)

    Beaudet, Amélie; Clegg, John; Thuresson, Per-Olof; Lloyd, Adam; McEwan, Phil

    2014-06-01

    Economic analysis in type 2 diabetes mellitus (T2DM) requires an assessment of the effect of a wide range of complications. The objective of this article was to identify a set of utility values consistent with the National Institute for Health and Care Excellence (NICE) reference case and to critically discuss and illustrate challenges in creating such a utility set. A systematic literature review was conducted to identify studies reporting utility values for relevant complications. The methodology of each study was assessed for consistency with the NICE reference case. A suggested set of utility values applicable to modeling was derived, giving preference to studies reporting multiple complications and correcting for comorbidity. The review considered 21 relevant diabetes complications. A total of 16,574 articles were identified; after screening, 61 articles were assessed for methodological quality. Nineteen articles met NICE criteria, reporting utility values for 20 of 21 relevant complications. For renal transplant, because no articles meeting NICE criteria were identified, two articles using other methodologies were included. Index value estimates for T2DM without complication ranged from 0.711 to 0.940. Utility decrement associated with complications ranged from 0.014 (minor hypoglycemia) to 0.28 (amputation). Limitations associated with the selection of a utility value for use in economic modeling included variability in patient recruitment, heterogeneity in statistical analysis, large variability around some point estimates, and lack of recent data. A reference set of utility values for T2DM and its complications in line with NICE requirements was identified. This research illustrates the challenges associated with systematically selecting utility data for economic evaluations. Copyright © 2014 International Society for Pharmacoeconomics and Outcomes Research (ISPOR). Published by Elsevier Inc. All rights reserved.

  11. Optimizing medical device buying. Value analysis models can help you improve decision-making process.

    Science.gov (United States)

    Feldstein, Josh; Brooks, Elizabeth

    2010-05-01

    Value Analysis Models (VAMs) are a burgeoning analytical tool that can help materials managers, operating room managers, CFOs and others to make comparative value assessments before reaching a critical purchasing decision. Although relatively new to the hospital field, more and more manufacturers are supporting these initiatives to bring critical information to their customers and the health care industry. VAMs aren't designed to conclude that one product is better than another but to be a tool that can help make the product acquisition process much easier.

  12. Lower bounds for ν and Q2 values leading to scaling in the simple parton model

    International Nuclear Information System (INIS)

    Nataf, R.S.

    1979-06-01

    The simple parton model leads to the Bjorken scaling law only for rather large values of the transfer. For small values, the scale invariance is broken by a purely kinematical effect which is shown to depend on: (1+(4M 2 x 2 /Q 2 ))sup(1/2)-1, M being the mass of the target nucleon. Thus, one has to consider: ν>=5M (5GeV) and: Q 2 >=10M 2 x (9GeV/c) 2 for the whole x range) if it is demanded that scaling holds within 10% to error

  13. The IT Advantage Assessment Model: Applying an Expanded Value Chain Model to Academia

    Science.gov (United States)

    Turner, Walter L.; Stylianou, Antonis C.

    2004-01-01

    Academia faces an uncertain future as the 21st century unfolds. New demands, discerning students, increased competition from non-traditional competitors are just a few of the forces demanding a response. The use of information technology (IT) in academia has not kept pace with its use in industry. What has been lacking is a model for the strategic…

  14. Values of Land and Renewable Resources in a Three-Sector Economic Growth Model

    Directory of Open Access Journals (Sweden)

    Zhang Wei-Bin

    2015-04-01

    Full Text Available This paper studies dynamic interdependence of capital, land and resource values in a three sector growth model with endogenous wealth and renewable resources. The model is based on the neoclassical growth theory, Ricardian theory and growth theory with renewable resources. The household’s decision is modeled with an alternative approach proposed by Zhang two decades ago. The economic system consists of the households, industrial, agricultural, and resource sectors. The model describes a dynamic interdependence between wealth accumulation, resource change, and division of labor under perfect competition. We simulate the model to demonstrate the existence of a unique stable equilibrium point and plot the motion of the dynamic system. The study conducts comparative dynamic analysis with regard to changes in the propensity to consume resources, the propensity to consume housing, the propensity to consume agricultural goods, the propensity to consume industrial goods, the propensity to save, the population, and the output elasticity of capital of the resource sector.

  15. Dynamic Average-Value Modeling of Doubly-Fed Induction Generator Wind Energy Conversion Systems

    Science.gov (United States)

    Shahab, Azin

    In a Doubly-fed Induction Generator (DFIG) wind energy conversion system, the rotor of a wound rotor induction generator is connected to the grid via a partial scale ac/ac power electronic converter which controls the rotor frequency and speed. In this research, detailed models of the DFIG wind energy conversion system with Sinusoidal Pulse-Width Modulation (SPWM) scheme and Optimal Pulse-Width Modulation (OPWM) scheme for the power electronic converter are developed in detail in PSCAD/EMTDC. As the computer simulation using the detailed models tends to be computationally extensive, time consuming and even sometimes not practical in terms of speed, two modified approaches (switching-function modeling and average-value modeling) are proposed to reduce the simulation execution time. The results demonstrate that the two proposed approaches reduce the simulation execution time while the simulation results remain close to those obtained using the detailed model simulation.

  16. Stationary and non-stationary extreme value modeling of extreme temperature in Malaysia

    Science.gov (United States)

    Hasan, Husna; Salleh, Nur Hanim Mohd; Kassim, Suraiya

    2014-09-01

    Extreme annual temperature of eighteen stations in Malaysia is fitted to the Generalized Extreme Value distribution. Stationary and non-stationary models with trend are considered for each station and the Likelihood Ratio test is used to determine the best-fitting model. Results show that three out of eighteen stations i.e. Bayan Lepas, Labuan and Subang favor a model which is linear in the location parameter. A hierarchical cluster analysis is employed to investigate the existence of similar behavior among the stations. Three distinct clusters are found in which one of them consists of the stations that favor the non-stationary model. T-year estimated return levels of the extreme temperature are provided based on the chosen models.

  17. MODEL NON LINIER GARCH (NGARCH UNTUK MENGESTIMASI NILAI VALUE at RISK (VaR PADA IHSG

    Directory of Open Access Journals (Sweden)

    I KOMANG TRY BAYU MAHENDRA

    2015-06-01

    Full Text Available In investment, risk measurement is important. One of risk measure is Value at Risk (VaR. There are many methods that can be used to estimate risk based on VaR framework. One of them Non Linier GARCH (NGARCH model. In this research, determination of VaR used NGARCH model. NGARCH model allowed for asymetric behaviour in the volatility such that “good news” or positive return and “bad news” or negative return. Based on calculations of VaR, the higher of the confidence level and the longer the investment period, the risk was greater. Determination of VaR using NGARCH model was less than GARCH model.

  18. Evaluation of the value of radar QPE data and rain gauge data for hydrological modeling

    DEFF Research Database (Denmark)

    He, Xin; Sonnenborg, Torben Obel; Refsgaard, Jens Christian

    2013-01-01

    rainfall and subsequently the simulated hydrological responses. A headwater catchment located in western Denmark is chosen as the study site. Two hydrological models are built using the MIKE SHE code, where they have identical model structures expect for the rainfall forcing: one model is based on rain...... value of the extra information from radar when rain gauge density decreases; however it is not able to sustain the level of model performance preceding the reduction in number of rain gauges......Weather radar-based quantitative precipitation estimation (QPE) is in principle superior to the areal precipitation estimated by using rain gauge data only, and therefore has become increasingly popular in applications such as hydrological modeling. The present study investigates the potential...

  19. INVESTIGATION INTO ACCOUNT OF A TIME VALUE OF MONEY IN CLASSICAL MULTITOPIC INVENTORY MODELS

    Directory of Open Access Journals (Sweden)

    Natalya A. Chernyaeva

    2013-01-01

    Full Text Available The article describes two types of models. The first is a traditional multitopic inventory model with constant demand and the second is a model based on the average cost of inventory in optimizing inventory management system. The authors taking into account the time value of money in the models study three possible schemes for the payment of costs: «prenumerando» (at the time of the general batch order delivery, «postnumerando» (at the time of the general next batch order delivery and the scheme of payment of costs in the mid-term.Maximization of the total intensity of revenue for outgoing and incoming cash flows occurring in the inventory management system that characterize the analyzed models was adopted as the criterion of optimization of inventory control strategy.

  20. Modeling the Isentropic Head Value of Centrifugal Gas Compressor using Genetic Programming

    Directory of Open Access Journals (Sweden)

    Safiyullah Ferozkhan

    2016-01-01

    Full Text Available Gas compressor performance is vital in oil and gas industry because of the equipment criticality which requires continuous operations. Plant operators often face difficulties in predicting appropriate time for maintenance and would usually rely on time based predictive maintenance intervals as recommended by original equipment manufacturer (OEM. The objective of this work is to develop the computational model to find the isentropic head value using genetic programming. The isentropic head value is calculated from the OEM performance chart. Inlet mass flow rate and speed of the compressor are taken as the input value. The obtained results from the GP computational models show good agreement with experimental and target data with the average prediction error of 1.318%. The genetic programming computational model will assist machinery engineers to quantify performance deterioration of gas compressor and the results from this study will be then utilized to estimate future maintenance requirements based on the historical data. In general, this genetic programming modelling provides a powerful solution for gas compressor operators to realize predictive maintenance approach in their operations.

  1. The plurality of values in sustainable agriculture models: diverse lock-in and coevolution patterns

    Directory of Open Access Journals (Sweden)

    Gael Plumecocq

    2018-03-01

    Full Text Available In Western economies, several agriculture models coexist. For instance, intensive agriculture organization, which has increased yields while causing major pollution and resource depletion, competes with alternative models, which tackle these sustainability issues and lead to lower yields. An agronomical typology of current agriculture models in Western societies is proposed that describes multiple sustainability issues through an agroecological perspective. However, in order to choose between these agroecological pathways, we must understand their social structure and the principles underlying them. Thus, our purpose is to characterize the institutional aspects of the alternative models using socioeconomic convention theory. We conducted a series of workshops with specialists in the natural sciences (agronomy, landscape ecology, and entomology and social sciences (economics and sociology to describe sustainable agriculture models. This characterization revealed the values underlying six different sustainable agriculture models, their forms of organization, and the institutions governing them. We discuss the implications of the coexistence of these six models in light of sustainable transition issues. From this coexistence perspective, transition (i refers to an intertwined process of legitimation and disqualification, and (ii means seeing pathways as the multiplicity and degree of interconnection between models. Therefore, we (i identified the elements in each model that legitimize its mode of organization, and (ii disqualified the elements that are incompatible with the principles underlying the model's practices. Moreover, we emphasize that multiple transition pathways are possible based on complex, complementary combinations of different models. This revealed the intricate processes of competition and complementarity involving these models. Finally, our study on the coexistence, interdependence, and coevolution of multiple agriculture models

  2. Applying an expectancy-value model to study motivators for work-task based information seeking

    DEFF Research Database (Denmark)

    Sigaard, Karen Tølbøl; Skov, Mette

    2015-01-01

    on the theory of expectancy-value and on the operationalisation used when the model was first developed. Data for the analysis were collected from a sample of seven informants working as consultants in Danish municipalities. Each participant filled out a questionnaire, kept a log book for a week...... for interpersonal and internal sources increased when the task had high-value motivation or low-expectancy motivation or both. Research limitations/implications: The study is based on a relatively small sample and considers only one motivation theory. This should be addressed in future research along...... with a broadening of the studied group to involve other professions than municipality consultants. Originality/value: Motivational theories from the field of psychology have been used sparsely in studies of information seeking. This study operationalises and verifies such a theory based on a theoretical adaptation...

  3. A model to establish the monetary value of the man-sievert for public exposure

    International Nuclear Information System (INIS)

    Schneider, T.; Schieber, C.; Eeckhoudt, L.; Godfroid, P.

    2000-01-01

    The implementation of cost-benefit analysis for the optimisation of radiation protection relies on the adoption of a monetary value of the man-sievert. From the economic point of view, the monetary value of the man-sievert can be seen as a function reflecting the individual and collective preferences associated with the level of exposures and the specificity of the exposure situations. It must thus integrate several dimensions: one dimension, which is independent of the exposure situation, is related to the potential health effects associated with the level of exposure; other dimensions are related to social and equity consideration, reflecting the characteristics of exposure situation: distribution of individual exposures, individual and social risk perception,... In the case of occupational exposure, CEPN has developed a model to define the monetary values of the man-sievert according to the level of individual exposure. This model has been used by some European nuclear utilities for setting their own values to be used in the process of radiological protection optimisation for workers. The question arising now concerns the establishment of this value for public exposure. For this purpose, we have considered one of the main differences between public and worker exposures: i.e. the existence of compensation systems for the radiation induced health effects if they occur for the workers. In the case of public exposure, such systems do not exist, mainly due to the absence of a permanent individual monitoring of exposures and to the low level of individual exposure. A theoretical model was developed to evaluate the willingness to pay to reduce the probability of occurrence of a radiation induced health effects (i.e. to reduce the level of exposure). It shows that, because of the absence of a compensation system for the public, this willingness to pay should be higher when the probability is reduced for the public than for the workers. The result of the numerical

  4. A model of determining a fair market value for teaching residents: who profits?

    Science.gov (United States)

    Cullen, Edward J; Lawless, Stephen T; Hertzog, James H; Penfil, Scott; Bradford, Kathleen K; Nadkarni, Vinay M; Corddry, David H; Costarino, Andrew T

    2003-07-01

    Centers for Medicare & Medicaid Services (CMS) Health Resources and Services Administration Children's Hospitals Graduate Medical Education (GME) Payment Program now supports freestanding children's teaching hospitals. To analyze the fair market value impact of GME payment on resident teaching efforts in our pediatric intensive care unit (PICU). Cost-accounting model, developed from a 1-year retrospective, descriptive, single-institution, longitudinal study, applied to physician teachers, residents, and CMS. Sixteen-bed PICU in a freestanding, university-affiliated children's teaching hospital. Pediatric critical care physicians, second-year residents. Cost of physician opportunity time; CMS investment return; the teaching physicians' investment return; residents' investment return; service balance between CMS and teaching service investment margins; economic balance points; fair market value. GME payments to our hospital increased 4.8-fold from 577 886 dollars to 2 772 606 dollars during a 1-year period. Critical care physicians' teaching opportunity cost rose from 250 097 dollars to 262 215 dollars to provide 1523 educational hours (6853 relative value units). Residents' net financial value for service provided to the PICU rose from 245 964 dollars to 317 299 dollars. There is an uneven return on investment in resident education for CMS, critical care physicians, and residents. Economic balance points are achievable for the present educational efforts of the CMS, critical care physicians, and residents if the present direct medical education payment increases from 29.38% to 36%. The current CMS Health Resources and Services Administration Children's Hospitals GME Payment Program produces uneven investment returns for CMS, critical care physicians, and residents. We propose a cost-accounting model, based on perceived production capability measured in relative value units and available GME funds, that would allow a clinical service to balance and obtain a fair

  5. Using pharmacoeconomic modelling to determine value-based pricing for new pharmaceuticals in malaysia.

    Science.gov (United States)

    Dranitsaris, George; Truter, Ilse; Lubbe, Martie S; Sriramanakoppa, Nitin N; Mendonca, Vivian M; Mahagaonkar, Sangameshwar B

    2011-10-01

    Decision analysis (DA) is commonly used to perform economic evaluations of new pharmaceuticals. Using multiples of Malaysia's per capita 2010 gross domestic product (GDP) as the threshold for economic value as suggested by the World Health Organization (WHO), DA was used to estimate a price per dose for bevacizumab, a drug that provides a 1.4-month survival benefit in patients with metastatic colorectal cancer (mCRC). A decision model was developed to simulate progression-free and overall survival in mCRC patients receiving chemotherapy with and without bevacizumab. Costs for chemotherapy and management of side effects were obtained from public and private hospitals in Malaysia. Utility estimates, measured as quality-adjusted life years (QALYs), were determined by interviewing 24 oncology nurses using the time trade-off technique. The price per dose was then estimated using a target threshold of US$44 400 per QALY gained, which is 3 times the Malaysian per capita GDP. A cost-effective price for bevacizumab could not be determined because the survival benefit provided was insufficient According to the WHO criteria, if the drug was able to improve survival from 1.4 to 3 or 6 months, the price per dose would be $567 and $1258, respectively. The use of decision modelling for estimating drug pricing is a powerful technique to ensure value for money. Such information is of value to drug manufacturers and formulary committees because it facilitates negotiations for value-based pricing in a given jurisdiction.

  6. Parameter values for the long-term nuclear waste management food chain model LIMCAL

    International Nuclear Information System (INIS)

    Zach, Reto.

    1982-09-01

    Eighteen parameters of LIMCAL, a comprehensive food chain model for predicting ICRP 26 50-year committed effective dose equivalents to man due to long-term nuclear waste management are reviewed. The parameters are: soil bulk density, plowlayer depth, soil surface layer depth, resusupension factor, atmospheric dust load, deposition velocity, plant interception fraction, plant environmental half-time, translocation factor, time of above-ground exposure, plant yield, holdup time, animals' feed consumption rate, animals' water consumption rate, man's water consumption rate, food type calorie conversion factors, man's total caloric intake rate and food type calorie fractions. LIMCAL has both traditional and unique parameters. The former occur in most of the currently used assessment models for nuclear installations, whereas the latter do not. For each of the parameters of LIMCAL, a suitable generic value for long-term nuclear waste management was determined. Thus, the general literature and the values currently used or recommended by various agencies were reviewed

  7. Uniqueness of Gibbs measure for Potts model with countable set of spin values

    International Nuclear Information System (INIS)

    Ganikhodjaev, N.N.; Rozikov, U.A.

    2004-11-01

    We consider a nearest-neighbor Potts model with countable spin values 0,1,..., and non zero external field, on a Cayley tree of order k (with k+1 neighbors). We study translation-invariant 'splitting' Gibbs measures. We reduce the problem to the description of the solutions of some infinite system of equations. For any k≥1 and any fixed probability measure ν with ν(i)>0 on the set of all non negative integer numbers Φ={0,1,...} we show that the set of translation-invariant splitting Gibbs measures contains at most one point, independently on parameters of the Potts model with countable set of spin values on Cayley tree. Also we give a full description of the class of measures ν on Φ such that wit respect to each element of this class our infinite system of equations has unique solution {a i =1,2,...}, where a is an element of (0,1). (author)

  8. Freezing and extreme-value statistics in a random energy model with logarithmically correlated potential

    International Nuclear Information System (INIS)

    Fyodorov, Yan V; Bouchaud, Jean-Philippe

    2008-01-01

    We investigate some implications of the freezing scenario proposed by Carpentier and Le Doussal (CLD) for a random energy model (REM) with logarithmically correlated random potential. We introduce a particular (circular) variant of the model, and show that the integer moments of the partition function in the high-temperature phase are given by the well-known Dyson Coulomb gas integrals. The CLD freezing scenario allows one to use those moments for extracting the distribution of the free energy in both high- and low-temperature phases. In particular, it yields the full distribution of the minimal value in the potential sequence. This provides an explicit new class of extreme-value statistics for strongly correlated variables, manifestly different from the standard Gumbel class. (fast track communication)

  9. Freezing and extreme-value statistics in a random energy model with logarithmically correlated potential

    Energy Technology Data Exchange (ETDEWEB)

    Fyodorov, Yan V [School of Mathematical Sciences, University of Nottingham, Nottingham NG72RD (United Kingdom); Bouchaud, Jean-Philippe [Science and Finance, Capital Fund Management 6-8 Bd Haussmann, 75009 Paris (France)

    2008-09-19

    We investigate some implications of the freezing scenario proposed by Carpentier and Le Doussal (CLD) for a random energy model (REM) with logarithmically correlated random potential. We introduce a particular (circular) variant of the model, and show that the integer moments of the partition function in the high-temperature phase are given by the well-known Dyson Coulomb gas integrals. The CLD freezing scenario allows one to use those moments for extracting the distribution of the free energy in both high- and low-temperature phases. In particular, it yields the full distribution of the minimal value in the potential sequence. This provides an explicit new class of extreme-value statistics for strongly correlated variables, manifestly different from the standard Gumbel class. (fast track communication)

  10. ECONOMETRIC MODEL OF FIRM’S VALUE IN LIQUID MARKET: CASE OF INDONESIA

    Directory of Open Access Journals (Sweden)

    Putu Agus Ardiana

    2012-11-01

    Full Text Available The research aims to investigate variables affecting Tobin’s Q which represents the value of public  companies listed on LQ45 Index on the Indonesia Stock Exchange by developing a  BLUE(Best Linear UnbiasedEstimators econometric model for cross-sectional data of 2007, 2008, and 2009 as well as panel data. The models vary across different data but there are important findings to note. Public companies listed  on LQ45 Index have experienced overliquidity problem during the period of observation leading to a decline in firm’s value. In addition, those public companies have low financial risk so they have chance to  increase their debts especially long-term debts.

  11. Generation model of positional values as cell operation during the development of multicellular organisms.

    Science.gov (United States)

    Ogawa, Ken-ichiro; Miyake, Yoshihiro

    2011-03-01

    Many conventional models have used the positional information hypothesis to explain each elementary process of morphogenesis during the development of multicellular organisms. Their models assume that the steady concentration patterns of morphogens formed in an extracellular environment have an important property of positional information, so-called "robustness". However, recent experiments reported that a steady morphogen pattern, the concentration gradient of the Bicoid protein, during early Drosophila embryonic development is not robust for embryo-to-embryo variability. These reports encourage a reconsideration of a long-standing problem in systematic cell differentiation: what is the entity of positional information for cells? And, what is the origin of the robust boundary of gene expression? To address these problems at a cellular level, in this article we pay attention to the re-generative phenomena that show another important property of positional information, "size invariance". In view of regenerative phenomena, we propose a new mathematical model to describe the generation mechanism of a spatial pattern of positional values. In this model, the positional values are defined as the values into which differentiable cells transform a spatial pattern providing positional information. The model is mathematically described as an associative algebra composed of various terms, each of which is the multiplication of some fundamental operators under the assumption that the operators are derived from the remarkable properties of cell differentiation on an amputation surface in regenerative phenomena. We apply this model to the concentration pattern of the Bicoid protein during the anterior-posterior axis formation in Drosophila, and consider the conditions needed to establish the robust boundary of the expression of the hunchback gene. Copyright © 2010 Elsevier Ireland Ltd. All rights reserved.

  12. Modeling phosphorus in the Lake Allatoona watershed using SWAT: I. Developing phosphorus parameter values.

    Science.gov (United States)

    Radcliffe, D E; Lin, Z; Risse, L M; Romeis, J J; Jackson, C R

    2009-01-01

    Lake Allatoona is a large reservoir north of Atlanta, GA, that drains an area of about 2870 km2 scheduled for a phosphorus (P) total maximum daily load (TMDL). The Soil and Water Assessment Tool (SWAT) model has been widely used for watershed-scale modeling of P, but there is little guidance on how to estimate P-related parameters, especially those related to in-stream P processes. In this paper, methods are demonstrated to individually estimate SWAT soil-related P parameters and to collectively estimate P parameters related to stream processes. Stream related parameters were obtained using the nutrient uptake length concept. In a manner similar to experiments conducted by stream ecologists, a small point source is simulated in a headwater sub-basin of the SWAT models, then the in-stream parameter values are adjusted collectively to get an uptake length of P similar to the values measured in the streams in the region. After adjusting the in-stream parameters, the P uptake length estimated in the simulations ranged from 53 to 149 km compared to uptake lengths measured by ecologists in the region of 11 to 85 km. Once the a priori P-related parameter set was developed, the SWAT models of main tributaries to Lake Allatoona were calibrated for daily transport. Models using SWAT P parameters derived from the methods in this paper outperformed models using default parameter values when predicting total P (TP) concentrations in streams during storm events and TP annual loads to Lake Allatoona.

  13. Assessing the value of increased model resolution in forecasting fire danger

    Science.gov (United States)

    Jeanne Hoadley; Miriam Rorig; Ken Westrick; Larry Bradshaw; Sue Ferguson; Scott Goodrick; Paul Werth

    2003-01-01

    The fire season of 2000 was used as a case study to assess the value of increasing mesoscale model resolution for fire weather and fire danger forecasting. With a domain centered on Western Montana and Northern Idaho, MM5 simulations were run at 36, 12, and 4-km resolutions for a 30 day period at the height of the fire season. Verification analyses for meteorological...

  14. Six Conductivity Values to Use in the Bidomain Model of Cardiac Tissue.

    Science.gov (United States)

    Johnston, Barbara M

    2016-07-01

    The aim of this work is to produce a consistent set of six conductivity values for use in the bidomain model of cardiac tissue. Studies in 2007 by Hooks et al. and in 2009 by Caldwell et al. have found that, in the directions longitudinal:transverse:normal (l:t:n) to the cardiac fibers, ratios of bulk conductivities and conduction velocities are each approximately in the ratio 4:2:1. These results are used here as the basis for a method that can find sets of six normalized bidomain conductivity values. It is found that the ratios involving transverse and normal conductivities are quite consistent, allowing new light to be shed on conductivity in the normal direction. For example, it is found that the ratio of transverse to normal conductivity is much greater in the intracellular (i) than the extracellular (e) domain. Using parameter values from experimental studies leads to the proposal of a new nominal six conductivity dataset: gil=2.4, gel=2.4, git=0.35, get=2.0, gin=0.08, and gen=1.1 (all in mS/cm). When it is used to model partial thickness ischaemia, this dataset produces epicardial potential distributions in accord with experimental studies in an animal model. It is, therefore, suggested that the dataset is suitable for use in numerical simulations. Since the bidomain approach is the most commonly used method for modeling cardiac electrophysiological phenomena, new information about conductivity in the normal direction, as well as a consistent set of six conductivity values, is valuable for researchers who perform simulation studies.

  15. Evolutionary Stages of e-Tailors and Retailers: Firm Value Determinants Model

    OpenAIRE

    Jae K. Lee; Heegoo Kang; Hoe K. Lee; Han S. Lee

    2002-01-01

    We have studied the evolutionary stages of pure e-tailers, click & mortar (C&M) and brick & mortar (B&M) retailers for three points of time: June 1999, June 2000, and June 2001. To evaluate the dynamic stages of e-tailing business as an innovative venture, we propose four stages: exploration, breakeven, growth, and maturity. The stages are measured by the impact of revenue and income on the firm value, and a regression model is adopted to formulate the model. To empirically examine the stages...

  16. Developing risk prediction models for kidney injury and assessing incremental value for novel biomarkers.

    Science.gov (United States)

    Kerr, Kathleen F; Meisner, Allison; Thiessen-Philbrook, Heather; Coca, Steven G; Parikh, Chirag R

    2014-08-07

    The field of nephrology is actively involved in developing biomarkers and improving models for predicting patients' risks of AKI and CKD and their outcomes. However, some important aspects of evaluating biomarkers and risk models are not widely appreciated, and statistical methods are still evolving. This review describes some of the most important statistical concepts for this area of research and identifies common pitfalls. Particular attention is paid to metrics proposed within the last 5 years for quantifying the incremental predictive value of a new biomarker. Copyright © 2014 by the American Society of Nephrology.

  17. New Link in Bioinformatics Services Value Chain: Position, Organization and Business Model

    Directory of Open Access Journals (Sweden)

    Mladen Čudanov

    2012-11-01

    Full Text Available This paper presents development in the bioinformatics services industry value chain, based on cloud computing paradigm. As genome sequencing costs per Megabase exponentially drop, industry needs to adopt. Paper has two parts: theoretical analysis and practical example of Seven Bridges Genomics Company. We are focused on explaining organizational, business and financial aspects of new business model in bioinformatics services, rather than technical side of the problem. In the light of that we present twofold business model fit for core bioinformatics research and Information and Communication Technologie (ICT support in the new environment, with higher level of capital utilization and better resistance to business risks.

  18. What do you do when the binomial cannot value real options? The LSM model

    Directory of Open Access Journals (Sweden)

    S. Alonso

    2014-12-01

    Full Text Available The Least-Squares Monte Carlo model (LSM model has emerged as the derivative valuation technique with the greatest impact in current practice. As with other options valuation models, the LSM algorithm was initially posited in the field of financial derivatives and its extension to the realm of real options requires considering certain questions which might hinder understanding of the algorithm and which the present paper seeks to address. The implementation of the LSM model combines Monte Carlo simulation, dynamic programming and statistical regression in a flexible procedure suitable for application to valuing nearly all types of corporate investments. The goal of this paper is to show how the LSM algorithm is applied in the context of a corporate investment, thus contributing to the understanding of the principles of its operation.

  19. Towards a balanced value business model for personalized medicine: an outlook.

    Science.gov (United States)

    Koelsch, Christof; Przewrocka, Joanna; Keeling, Peter

    2013-01-01

    Novel targeted drugs, mainly in oncology, have commanded substantial price premiums in the recent past. Consequently, the attention of pharmaceutical companies has shifted away from the traditional low-price and high-volume blockbuster business model to drugs that command high, and sometimes extremely high, prices in limited markets defined by targeted patient populations. This model may have already passed its zenith, as the impact of more and more high-priced drugs coming to market substantially increases their combined burden on payors and public health finances. This article introduces a new 'balanced value' business model for personalized medicine, leveraging the emerging opportunities to reduce drug development cost and time for targeted therapies. This model allows pharmaceutical companies to charge prices for targeted therapy below the likely future thresholds for payors' willingness to pay, at the same time preserving attractive margins for the drug developers.

  20. Study of the long-term values and prices of plutonium; a simplified parametrized model

    International Nuclear Information System (INIS)

    Gaussens, J.; Paillot, H.

    1965-01-01

    The authors define the notions of use values and price of plutonium. They give a 'simplified parametrized model' simulating the equilibrium of the offer and the demand in time, concerning the plutonium and the price deriving from the relative scarcity of this metal, taking into account the technical and economic operating parameters of the various reactors confronted. This model is simple enough to allow direct computations and establish clear relations between the various parameters. The use of the linear programmes method allows on the other hand a wide extension of the model. This report includes three main parts: I - General description of the study (without detailed calculations) II - Mathematical development of the simplified parametrized model and application (the basic data and the results of the calculations are given) III - Appendices (giving the detailed computations of part II). (authors) [fr

  1. Dynamical Behaviors in Complex-Valued Love Model With or Without Time Delays

    Science.gov (United States)

    Deng, Wei; Liao, Xiaofeng; Dong, Tao

    2017-12-01

    In this paper, a novel version of nonlinear model, i.e. a complex-valued love model with two time delays between two individuals in a love affair, has been proposed. A notable feature in this model is that we separate the emotion of one individual into real and imaginary parts to represent the variation and complexity of psychophysiological emotion in romantic relationship instead of just real domain, and make our model much closer to reality. This is because love is a complicated cognitive and social phenomenon, full of complexity, diversity and unpredictability, which refers to the coexistence of different aspects of feelings, states and attitudes ranging from joy and trust to sadness and disgust. By analyzing associated characteristic equation of linearized equations for our model, it is found that the Hopf bifurcation occurs when the sum of time delays passes through a sequence of critical value. Stability of bifurcating cyclic love dynamics is also derived by applying the normal form theory and the center manifold theorem. In addition, it is also shown that, for some appropriate chosen parameters, chaotic behaviors can appear even without time delay.

  2. Evaluating the Value of High Spatial Resolution in National Capacity Expansion Models using ReEDS

    Energy Technology Data Exchange (ETDEWEB)

    Krishnan, Venkat; Cole, Wesley

    2016-07-18

    This poster is based on the paper of the same name, presented at the IEEE Power & Energy Society General Meeting, July18, 2016. Power sector capacity expansion models (CEMs) have a broad range of spatial resolutions. This paper uses the Regional Energy Deployment System (ReEDS) model, a long-term national scale electric sector CEM, to evaluate the value of high spatial resolution for CEMs. ReEDS models the United States with 134 load balancing areas (BAs) and captures the variability in existing generation parameters, future technology costs, performance, and resource availability using very high spatial resolution data, especially for wind and solar modeled at 356 resource regions. In this paper we perform planning studies at three different spatial resolutions - native resolution (134 BAs), state-level, and NERC region level - and evaluate how results change under different levels of spatial aggregation in terms of renewable capacity deployment and location, associated transmission builds, and system costs. The results are used to ascertain the value of high geographically resolved models in terms of their impact on relative competitiveness among renewable energy resources.

  3. An expectancy-value model of emotion regulation: implications for motivation, emotional experience, and decision making.

    Science.gov (United States)

    Tamir, Maya; Bigman, Yochanan E; Rhodes, Emily; Salerno, James; Schreier, Jenna

    2015-02-01

    According to expectancy-value models of self-regulation, people are motivated to act in ways they expect to be useful to them. For instance, people are motivated to run when they believe running is useful, even when they have nothing to run away from. Similarly, we propose an expectancy-value model of emotion regulation, according to which people are motivated to emote in ways they expect to be useful to them, regardless of immediate contextual demands. For instance, people may be motivated to get angry when they believe anger is useful, even when there is nothing to be angry about. In 5 studies, we demonstrate that leading people to expect an emotion to be useful increased their motivation to experience that emotion (Studies 1-5), led them to up-regulate the experience of that emotion (Studies 3-4), and led to emotion-consistent behavior (Study 4). Our hypotheses were supported when we manipulated the expected value of anxiety (Study 1) and anger (Studies 2-5), both consciously (Studies 1-4) and unconsciously (Study 5). We discuss the theoretical and pragmatic implications of the proposed model. PsycINFO Database Record (c) 2015 APA, all rights reserved.

  4. Robust method for determining steady state initial values for MSS plant models

    International Nuclear Information System (INIS)

    Ringham, M.R.; Carlson, J.R.

    1987-01-01

    Results of an EPRI sponsored project (RP 2504-3 amend i) demonstrated that the methodology embodied in the existing System Performance and Analysis Code (SPANC) can be employed to provide initial values for MSS plant models. An EASY5 version of the TMI plant two loop approximation with primary coolant flow recirculation through a failed pump was selected for demonstration purposes. The project entailed replacing the 1967 ASME steam properties in SPANC with the simplified MSS functions. The MSS component models were then recast into equivalent steady state models compatible with the SPANC executive system. A special input routine was written to modify the MSS data to the SPANC data format. The accuracy of the obtained initial values was approximately four significant figures, sufficient to converge on the EASY5 steady state algorithms. Convergence is relatively insensitive to the initial guess in SPANC and are obtained at a computer cost of approximately two minutes on the UNIVAC 1100/60. Since plant configuration is established by data input in SPANC, it can easily be altered to provide initial values for an MMS simulation of all TMI type plants

  5. Application of the Beck model to stock markets: Value-at-Risk and portfolio risk assessment

    Science.gov (United States)

    Kozaki, M.; Sato, A.-H.

    2008-02-01

    We apply the Beck model, developed for turbulent systems that exhibit scaling properties, to stock markets. Our study reveals that the Beck model elucidates the properties of stock market returns and is applicable to practical use such as the Value-at-Risk estimation and the portfolio analysis. We perform empirical analysis with daily/intraday data of the S&P500 index return and find that the volatility fluctuation of real markets is well-consistent with the assumptions of the Beck model: The volatility fluctuates at a much larger time scale than the return itself and the inverse of variance, or “inverse temperature”, β obeys Γ-distribution. As predicted by the Beck model, the distribution of returns is well-fitted by q-Gaussian distribution of Tsallis statistics. The evaluation method of Value-at-Risk (VaR), one of the most significant indicators in risk management, is studied for q-Gaussian distribution. Our proposed method enables the VaR evaluation in consideration of tail risk, which is underestimated by the variance-covariance method. A framework of portfolio risk assessment under the existence of tail risk is considered. We propose a multi-asset model with a single volatility fluctuation shared by all assets, named the single β model, and empirically examine the agreement between the model and an imaginary portfolio with Dow Jones indices. It turns out that the single β model gives good approximation to portfolios composed of the assets with non-Gaussian and correlated returns.

  6. Review of family relational stress and pediatric asthma: the value of biopsychosocial systemic models.

    Science.gov (United States)

    Wood, Beatrice L; Miller, Bruce D; Lehman, Heather K

    2015-06-01

    Asthma is the most common chronic disease in children. Despite dramatic advances in pharmacological treatments, asthma remains a leading public health problem, especially in socially disadvantaged minority populations. Some experts believe that this health gap is due to the failure to address the impact of stress on the disease. Asthma is a complex disease that is influenced by multilevel factors, but the nature of these factors and their interrelations are not well understood. This paper aims to integrate social, psychological, and biological literatures on relations between family/parental stress and pediatric asthma, and to illustrate the utility of multilevel systemic models for guiding treatment and stimulating future research. We used electronic database searches and conducted an integrated analysis of selected epidemiological, longitudinal, and empirical studies. Evidence is substantial for the effects of family/parental stress on asthma mediated by both disease management and psychobiological stress pathways. However, integrative models containing specific pathways are scarce. We present two multilevel models, with supporting data, as potential prototypes for other such models. We conclude that these multilevel systems models may be of substantial heuristic value in organizing investigations of, and clinical approaches to, the complex social-biological aspects of family stress in pediatric asthma. However, additional systemic models are needed, and the models presented herein could serve as prototypes for model development. © 2015 Family Process Institute.

  7. Assessing the antecedents of customer loyalty on healthcare insurance products: Service quality; perceived value embedded model

    Directory of Open Access Journals (Sweden)

    Fadi Abdelmuniem Abdelfattah

    2015-11-01

    Full Text Available Purpose: This research aim to investigate the influence of service quality attributes towards customers’ loyalty on health insurance products. In addition, this research also tested the mediation role of perceived value in between service quality and customers’ loyalty on health insurance products. Design/methodology/approach: Based on the literature review, this research developed a conceptual model of customers loyalty embedded with service quality and perceived value. The study surveyed 342 healthcare insurance customers. Apart from assessing the reliability and validity of the constructs through confirmatory factor analysis, this research also used structural equation modelling (SEM approach to test the proposed hypothesis. Findings: The results from the inferential statistics revealed that the healthcare insurance customers are highly influenced by service quality followed by the perceived value in reaching their loyalty towards a particular health insurance service provider. Research limitations/implications: The sample for this study is based on health insurance customers only and it is suggested that future studies enlarge the scope to include others type of customers of different insurance products. Practical implications: In order to encourage the customers to more loyal towards their service providers, this research will add value for the mangers to understand the items of service quality and considering the perceived value of the target customers in order to optimize their loyalty. As whole, the outcome of this research will assist managers for better understanding of the customers’ loyalty antecedents under the perspective of healthcare insurance products. Originality/value: This paper has tried to provide a comprehensive understanding about customers’ loyalty under the perspective of service quality and perceived values context in the Malaysian health care insurance industry. Since there was a lack of such research in

  8. Decision model incorporating utility theory and measurement of social values applied to nuclear waste management

    International Nuclear Information System (INIS)

    Litchfield, J.W.; Hansen, J.V.; Beck, L.C.

    1975-07-01

    A generalized computer-based decision analysis model was developed and tested. Several alternative concepts for ultimate disposal have already been developed; however, significant research is still required before any of these can be implemented. To make a choice based on technical estimates of the costs, short-term safety, long-term safety, and accident detection and recovery requires estimating the relative importance of each of these factors or attributes. These relative importance estimates primarily involve social values and therefore vary from one individual to the next. The approach used was to sample various public groups to determine the relative importance of each of the factors to the public. These estimates of importance weights were combined in a decision analysis model with estimates, furnished by technical experts, of the degree to which each alternative concept achieves each of the criteria. This model then integrates the two separate and unique sources of information and provides the decision maker with information as to the preferences and concerns of the public as well as the technical areas within each concept which need further research. The model can rank the alternatives using sampled public opinion and techno-economic data. This model provides a decision maker with a structured approach to subdividing complex alternatives into a set of more easily considered attributes, measuring the technical performance of each alternative relative to each attribute, estimating relevant social values, and assimilating quantitative information in a rational manner to estimate total value for each alternative. Because of the explicit nature of this decision analysis, the decision maker can select a specific alternative supported by clear documentation and justification for his assumptions and estimates. (U.S.)

  9. Introduction to the role of model of value-based medicine in the development of private hospitals

    Directory of Open Access Journals (Sweden)

    Shou-ping CHEN

    2014-01-01

    Full Text Available Value-based medicine is the tendency of modern medicine.This paper elaborated the properties of value-based medicine,analyzed the role of model of value-based medicine in modern medicine,and put forward ideas and related measures with the model of value-based medicine to promote the development of private hospitals, which provided some reference for development of private hospitals. 

  10. Introduction to the role of model of value-based medicine in the development of private hospitals

    OpenAIRE

    Shou-ping CHEN

    2014-01-01

    Value-based medicine is the tendency of modern medicine.This paper elaborated the properties of value-based medicine,analyzed the role of model of value-based medicine in modern medicine,and put forward ideas and related measures with the model of value-based medicine to promote the development of private hospitals, which provided some reference for development of private hospitals. 

  11. Price adjustment for traditional Chinese medicine procedures: Based on a standardized value parity model.

    Science.gov (United States)

    Wang, Haiyin; Jin, Chunlin; Jiang, Qingwu

    2017-11-20

    Traditional Chinese medicine (TCM) is an important part of China's medical system. Due to the prolonged low price of TCM procedures and the lack of an effective mechanism for dynamic price adjustment, the development of TCM has markedly lagged behind Western medicine. The World Health Organization (WHO) has emphasized the need to enhance the development of alternative and traditional medicine when creating national health care systems. The establishment of scientific and appropriate mechanisms to adjust the price of medical procedures in TCM is crucial to promoting the development of TCM. This study has examined incorporating value indicators and data on basic manpower expended, time spent, technical difficulty, and the degree of risk in the latest standards for the price of medical procedures in China, and this study also offers a price adjustment model with the relative price ratio as a key index. This study examined 144 TCM procedures and found that prices of TCM procedures were mainly based on the value of medical care provided; on average, medical care provided accounted for 89% of the price. Current price levels were generally low and the current price accounted for 56% of the standardized value of a procedure, on average. Current price levels accounted for a markedly lower standardized value of acupuncture, moxibustion, special treatment with TCM, and comprehensive TCM procedures. This study selected a total of 79 procedures and adjusted them by priority. The relationship between the price of TCM procedures and the suggested price was significantly optimized (p based on a standardized value parity model is a scientific and suitable method of price adjustment that can serve as a reference for other provinces and municipalities in China and other countries and regions that mainly have fee-for-service (FFS) medical care.

  12. Just value of the Tactebel energy: an valuation from the main models of pricing asset

    Directory of Open Access Journals (Sweden)

    Renato Campos

    2010-01-01

    Full Text Available This study aimed to determine the current fair value of Tractebel Energia, from the main asset pricing models. The company was taken as the object due to its stable growth and the ease of obtaining data, since it is located in the city of Florianopolis. Nevertheless, the volatility in its shares has been priced aroused interest. Therefore, this study intended to provide subsidy for the decision making of investors regarding the purchase or sale of company stock. For this, the theoretical treat on the concept of asset valuation and the main models available, emphasizing their applications and limitations, which are: assessment book on, discounted dividend model and discounted cash flow. Regarding the methodological aspect, the research fits into exploratory, descriptive, highly quantitative field study and case. Moreover, it was made use of desk research, literature, interview and program Economática. Thus, the analysis of data initially sought to raise the assumptions demanded by each of the models surveyed ad apply them. The results were then compared and adjusted so that there is consistency. He was later adopted an arithmetic mean to assign a fair value to the company. From this average was defined as an acceptance range, depending on the variability of results and uncertainty in the estimates.

  13. Influence of parameter values on the oscillation sensitivities of two p53-Mdm2 models.

    Science.gov (United States)

    Cuba, Christian E; Valle, Alexander R; Ayala-Charca, Giancarlo; Villota, Elizabeth R; Coronado, Alberto M

    2015-09-01

    Biomolecular networks that present oscillatory behavior are ubiquitous in nature. While some design principles for robust oscillations have been identified, it is not well understood how these oscillations are affected when the kinetic parameters are constantly changing or are not precisely known, as often occurs in cellular environments. Many models of diverse complexity level, for systems such as circadian rhythms, cell cycle or the p53 network, have been proposed. Here we assess the influence of hundreds of different parameter sets on the sensitivities of two configurations of a well-known oscillatory system, the p53 core network. We show that, for both models and all parameter sets, the parameter related to the p53 positive feedback, i.e. self-promotion, is the only one that presents sizeable sensitivities on extrema, periods and delay. Moreover, varying the parameter set values to change the dynamical characteristics of the response is more restricted in the simple model, whereas the complex model shows greater tunability. These results highlight the importance of the presence of specific network patterns, in addition to the role of parameter values, when we want to characterize oscillatory biochemical systems.

  14. The Value of Hydrograph Partitioning Curves for Calibrating Hydrological Models in Glacierized Basins

    Science.gov (United States)

    He, Zhihua; Vorogushyn, Sergiy; Unger-Shayesteh, Katy; Gafurov, Abror; Kalashnikova, Olga; Omorova, Elvira; Merz, Bruno

    2018-03-01

    This study refines the method for calibrating a glacio-hydrological model based on Hydrograph Partitioning Curves (HPCs), and evaluates its value in comparison to multidata set optimization approaches which use glacier mass balance, satellite snow cover images, and discharge. The HPCs are extracted from the observed flow hydrograph using catchment precipitation and temperature gradients. They indicate the periods when the various runoff processes, such as glacier melt or snow melt, dominate the basin hydrograph. The annual cumulative curve of the difference between average daily temperature and melt threshold temperature over the basin, as well as the annual cumulative curve of average daily snowfall on the glacierized areas are used to identify the starting and end dates of snow and glacier ablation periods. Model parameters characterizing different runoff processes are calibrated on different HPCs in a stepwise and iterative way. Results show that the HPC-based method (1) delivers model-internal consistency comparably to the tri-data set calibration method; (2) improves the stability of calibrated parameter values across various calibration periods; and (3) estimates the contributions of runoff components similarly to the tri-data set calibration method. Our findings indicate the potential of the HPC-based approach as an alternative for hydrological model calibration in glacierized basins where other calibration data sets than discharge are often not available or very costly to obtain.

  15. Time-driven activity-based costing: A dynamic value assessment model in pediatric appendicitis.

    Science.gov (United States)

    Yu, Yangyang R; Abbas, Paulette I; Smith, Carolyn M; Carberry, Kathleen E; Ren, Hui; Patel, Binita; Nuchtern, Jed G; Lopez, Monica E

    2017-06-01

    Healthcare reform policies are emphasizing value-based healthcare delivery. We hypothesize that time-driven activity-based costing (TDABC) can be used to appraise healthcare interventions in pediatric appendicitis. Triage-based standing delegation orders, surgical advanced practice providers, and a same-day discharge protocol were implemented to target deficiencies identified in our initial TDABC model. Post-intervention process maps for a hospital episode were created using electronic time stamp data for simple appendicitis cases during February to March 2016. Total personnel and consumable costs were determined using TDABC methodology. The post-intervention TDABC model featured 6 phases of care, 33 processes, and 19 personnel types. Our interventions reduced duration and costs in the emergency department (-41min, -$23) and pre-operative floor (-57min, -$18). While post-anesthesia care unit duration and costs increased (+224min, +$41), the same-day discharge protocol eliminated post-operative floor costs (-$306). Our model incorporating all three interventions reduced total direct costs by 11% ($2753.39 to $2447.68) and duration of hospitalization by 51% (1984min to 966min). Time-driven activity-based costing can dynamically model changes in our healthcare delivery as a result of process improvement interventions. It is an effective tool to continuously assess the impact of these interventions on the value of appendicitis care. II, Type of study: Economic Analysis. Copyright © 2017 Elsevier Inc. All rights reserved.

  16. An Investigation of Factors Affecting Elementary School Students’ BMI Values Based on the System Dynamics Modeling

    Directory of Open Access Journals (Sweden)

    Tian-Syung Lan

    2014-01-01

    Full Text Available This study used system dynamics method to investigate the factors affecting elementary school students’ BMI values. The construction of the dynamic model is divided into the qualitative causal loop and the quantitative system dynamics modeling. According to the system dynamics modeling, this study consisted of research on the four dimensions: student’s personal life style, diet-relevant parenting behaviors, advocacy and implementation of school nutrition education, and students’ peer interaction. The results of this study showed that students with more adequate health concepts usually have better eating behaviors and consequently have less chance of becoming obese. In addition, this study also verified that educational attainment and socioeconomic status of parents have a positive correlation with students’ amounts of physical activity, and nutrition education has a prominent influence on changing students’ high-calorie diets.

  17. Dynamic Value at Risk: A Comparative Study Between Heteroscedastic Models and Monte Carlo Simulation

    Directory of Open Access Journals (Sweden)

    José Lamartine Távora Junior

    2006-12-01

    Full Text Available The objective of this paper was to analyze the risk management of a portfolio composed by Petrobras PN, Telemar PN and Vale do Rio Doce PNA stocks. It was verified if the modeling of Value-at-Risk (VaR through the place Monte Carlo simulation with volatility of GARCH family is supported by hypothesis of efficient market. The results have shown that the statistic evaluation in inferior to dynamics, evidencing that the dynamic analysis supplies support to the hypothesis of efficient market of the Brazilian share holding market, in opposition of some empirical evidences. Also, it was verified that the GARCH models of volatility is enough to accommodate the variations of the shareholding Brazilian market, since the model is capable to accommodate the great dynamic of the Brazilian market.

  18. The Einstein action for algebras of matrix valued functions - Toy models

    International Nuclear Information System (INIS)

    Hajac, P.M.

    1995-10-01

    Two toy models are considered within the framework of noncommutative differential geometry. In the first one, the Einstein action of the Levi-Civita connection is computed for the algebra of matrix valued functions on a torus. It is shown that, assuming some constraints on the metric, this action splits into a classical-like, a quantum-like and a mixed term. In the second model, an analogue of the Palatini method of variation is applied to obtain critical points of the Einstein action functional for M 4 (R). It is pointed out that a solution to the Palatini variational problem is not necessarily a Levi-Civita connection. In this model, no additional assumptions regarding metrics are made. (author). 14 refs

  19. The Einstein action for algebras of matrix valued functions - Toy models

    Energy Technology Data Exchange (ETDEWEB)

    Hajac, P M

    1995-10-01

    Two toy models are considered within the framework of noncommutative differential geometry. In the first one, the Einstein action of the Levi-Civita connection is computed for the algebra of matrix valued functions on a torus. It is shown that, assuming some constraints on the metric, this action splits into a classical-like, a quantum-like and a mixed term. In the second model, an analogue of the Palatini method of variation is applied to obtain critical points of the Einstein action functional for M{sub 4}(R). It is pointed out that a solution to the Palatini variational problem is not necessarily a Levi-Civita connection. In this model, no additional assumptions regarding metrics are made. (author). 14 refs.

  20. An investigation of factors affecting elementary school students' BMI values based on the system dynamics modeling.

    Science.gov (United States)

    Lan, Tian-Syung; Chen, Kai-Ling; Chen, Pin-Chang; Ku, Chao-Tai; Chiu, Pei-Hsuan; Wang, Meng-Hsiang

    2014-01-01

    This study used system dynamics method to investigate the factors affecting elementary school students' BMI values. The construction of the dynamic model is divided into the qualitative causal loop and the quantitative system dynamics modeling. According to the system dynamics modeling, this study consisted of research on the four dimensions: student's personal life style, diet-relevant parenting behaviors, advocacy and implementation of school nutrition education, and students' peer interaction. The results of this study showed that students with more adequate health concepts usually have better eating behaviors and consequently have less chance of becoming obese. In addition, this study also verified that educational attainment and socioeconomic status of parents have a positive correlation with students' amounts of physical activity, and nutrition education has a prominent influence on changing students' high-calorie diets.

  1. From Monitored Values to the Model Creation of the Dynamic System

    Directory of Open Access Journals (Sweden)

    Vladena BARANOVÁ

    2015-11-01

    Full Text Available Current information technology allow sensing and processes data recording under severe conditions of operation with new technical means in real time, storing the measurement data, its processing and evaluation in situ or in the laboratory. An example would be the monitoring system boring machine-rock used in tunneling Branisko. The monitored variables of the boring process were downforce of disconnecting head of boring machine, torque, speed of disconnecting head, the power consumption of the aggregate and the extended position of disconnecting head depending on the drilled length. These measured values allowed the creation of models, which help to modeling various properties of boring process within the meaning of Eykhoff definition: "A model is an expression of the essential characteristics of an existing object, which describes the knowledge of this object in a usable form".

  2. The reference model of supply chain operational controlling in value management

    Directory of Open Access Journals (Sweden)

    2010-03-01

    Full Text Available The systemic approach of the controlling function to supporting the operations management results from its complex analysis of the supply chain business and operating results and from influencing the operations management factors - products, processes and resources that determine the achieved result (revenues, costs, profitability and assets turnover as well as the return on invested capital. All product features which stand for customer value and its competitiveness are the basis for designing, planning and controlling the interconnected processes responsible for manufacturing and delivery of products. The effectiveness of methods applied in developing products, processes and resources depends on the precise analysis and appraisal of the operating conditions that justify their application. Supporting the operations management, focused on the product value and improving the company's financial result, apart from financial, technical and economic analyses requires transferring the product value to activities control methods and to developing the resources in the product supply chain already at the stage of planning. As a result of an analysis of requirements supporting the development of processes and resources in the supply chain, a reference model of operational controlling in product value management was developed. The multicriterion selection and appropriate application of material flow management methods in the supply chain is each time preceded by an operating and financial analysis as well as by an appraisal of operating conditions that influence the choice of control methods.

  3. Profit-Based Model Selection for Customer Retention Using Individual Customer Lifetime Values.

    Science.gov (United States)

    Óskarsdóttir, María; Baesens, Bart; Vanthienen, Jan

    2018-03-01

    The goal of customer retention campaigns, by design, is to add value and enhance the operational efficiency of businesses. For organizations that strive to retain their customers in saturated, and sometimes fast moving, markets such as the telecommunication and banking industries, implementing customer churn prediction models that perform well and in accordance with the business goals is vital. The expected maximum profit (EMP) measure is tailored toward this problem by taking into account the costs and benefits of a retention campaign and estimating its worth for the organization. Unfortunately, the measure assumes fixed and equal customer lifetime value (CLV) for all customers, which has been shown to not correspond well with reality. In this article, we extend the EMP measure to take into account the variability in the lifetime values of customers, thereby basing it on individual characteristics. We demonstrate how to incorporate the heterogeneity of CLVs when CLVs are known, when their prior distribution is known, and when neither is known. By taking into account individual CLVs, our proposed approach of measuring model performance gives novel insights when deciding on a customer retention campaign. The method is dependent on the characteristics of the customer base as is compliant with modern business analytics and accommodates the data-driven culture that has manifested itself within organizations.

  4. Designing Organizational Effectiveness Model of Selected Iraq’s Sporting Federations Based on Competing Values Framework

    Directory of Open Access Journals (Sweden)

    Hossein Eydi

    2013-01-01

    Full Text Available The aim of the present study was designing effectiveness model of selected Iraq sport federations based on competing values framework. Statistical society of present study included 221 subjects ranging from chairmen, expert staffs, national adolescent athletes, and national referees. 180 subjects (81.4 percent answered standard questionnaire of Eydi et al (2011 with five Likert values scale. Content and face validity of this tool was confirmed by 12 academic professors and its reliability was validated by Cronbach's alpha (r = 0.97. Results of Structural Equation Model (SEM based on path analysis method showed that factors of expert human resources(0.88, organizational interaction (0.88, productivity (0.87, employees' cohesion (0.84, planning (0.84, organizational stability (0.81, flexibility (0.78, and organizational resources (0.74 had the most effects on organizational effectiveness.Also, findings of factor analysis showed that patterns of internal procedures and rational goals were main patterns of competing values framework and determinants of organizational effectiveness in Iraq's selected sport federations. Moreover, federations of football, track and field, weightlifting, and basketball had the highest mean of organizational effectiveness, respectively. Hence, Iraq sport federations mainly focused on organizational control, and internal attention as index of OE.

  5. Macaque monkeys can learn token values from human models through vicarious reward.

    Science.gov (United States)

    Bevacqua, Sara; Cerasti, Erika; Falcone, Rossella; Cervelloni, Milena; Brunamonti, Emiliano; Ferraina, Stefano; Genovesio, Aldo

    2013-01-01

    Monkeys can learn the symbolic meaning of tokens, and exchange them to get a reward. Monkeys can also learn the symbolic value of a token by observing conspecifics but it is not clear if they can learn passively by observing other actors, e.g., humans. To answer this question, we tested two monkeys in a token exchange paradigm in three experiments. Monkeys learned token values through observation of human models exchanging them. We used, after a phase of object familiarization, different sets of tokens. One token of each set was rewarded with a bit of apple. Other tokens had zero value (neutral tokens). Each token was presented only in one set. During the observation phase, monkeys watched the human model exchange tokens and watched them consume rewards (vicarious rewards). In the test phase, the monkeys were asked to exchange one of the tokens for food reward. Sets of three tokens were used in the first experiment and sets of two tokens were used in the second and third experiments. The valuable token was presented with different probabilities in the observation phase during the first and second experiments in which the monkeys exchanged the valuable token more frequently than any of the neutral tokens. The third experiments examined the effect of unequal probabilities. Our results support the view that monkeys can learn from non-conspecific actors through vicarious reward, even a symbolic task like the token-exchange task.

  6. Evaluation of stationary and non-stationary geostatistical models for inferring hydraulic conductivity values at Aespoe

    International Nuclear Information System (INIS)

    La Pointe, P.R.

    1994-11-01

    This report describes the comparison of stationary and non-stationary geostatistical models for the purpose of inferring block-scale hydraulic conductivity values from packer tests at Aespoe. The comparison between models is made through the evaluation of cross-validation statistics for three experimental designs. The first experiment consisted of a 'Delete-1' test previously used at Finnsjoen. The second test consisted of 'Delete-10%' and the third test was a 'Delete-50%' test. Preliminary data analysis showed that the 3 m and 30 m packer test data can be treated as a sample from a single population for the purposes of geostatistical analyses. Analysis of the 3 m data does not indicate that there are any systematic statistical changes with depth, rock type, fracture zone vs non-fracture zone or other mappable factor. Directional variograms are ambiguous to interpret due to the clustered nature of the data, but do not show any obvious anisotropy that should be accounted for in geostatistical analysis. Stationary analysis suggested that there exists a sizeable spatially uncorrelated component ('Nugget Effect') in the 3 m data, on the order of 60% of the observed variance for the various models fitted. Four different nested models were automatically fit to the data. Results for all models in terms of cross-validation statistics were very similar for the first set of validation tests. Non-stationary analysis established that both the order of drift and the order of the intrinsic random functions is low. This study also suggests that conventional cross-validation studies and automatic variogram fitting are not necessarily evaluating how well a model will infer block scale hydraulic conductivity values. 20 refs, 20 figs, 14 tabs

  7. Exploring spatial change and gravity center movement for ecosystem services value using a spatially explicit ecosystem services value index and gravity model.

    Science.gov (United States)

    He, Yingbin; Chen, Youqi; Tang, Huajun; Yao, Yanmin; Yang, Peng; Chen, Zhongxin

    2011-04-01

    Spatially explicit ecosystem services valuation and change is a newly developing area of research in the field of ecology. Using the Beijing region as a study area, the authors have developed a spatially explicit ecosystem services value index and implemented this to quantify and spatially differentiate ecosystem services value at 1-km grid resolution. A gravity model was developed to trace spatial change in the total ecosystem services value of the Beijing study area from a holistic point of view. Study results show that the total value of ecosystem services for the study area decreased by 19.75% during the period 1996-2006 (3,226.2739 US$×10(6) in 1996, 2,589.0321 US$×10(6) in 2006). However, 27.63% of the total area of the Beijing study area increased in ecosystem services value. Spatial differences in ecosystem services values for both 1996 and 2006 are very clear. The center of gravity of total ecosystem services value for the study area moved 32.28 km northwestward over the 10 years due to intensive human intervention taking place in southeast Beijing. The authors suggest that policy-makers should pay greater attention to ecological protection under conditions of rapid socio-economic development and increase the area of green belt in the southeastern part of Beijing.

  8. Global unitary fixing and matrix-valued correlations in matrix models

    International Nuclear Information System (INIS)

    Adler, Stephen L.; Horwitz, Lawrence P.

    2003-01-01

    We consider the partition function for a matrix model with a global unitary invariant energy function. We show that the averages over the partition function of global unitary invariant trace polynomials of the matrix variables are the same when calculated with any choice of a global unitary fixing, while averages of such polynomials without a trace define matrix-valued correlation functions, that depend on the choice of unitary fixing. The unitary fixing is formulated within the standard Faddeev-Popov framework, in which the squared Vandermonde determinant emerges as a factor of the complete Faddeev-Popov determinant. We give the ghost representation for the FP determinant, and the corresponding BRST invariance of the unitary-fixed partition function. The formalism is relevant for deriving Ward identities obeyed by matrix-valued correlation functions

  9. Recommendations from Friends Anytime and Anywhere: Toward a Model of Contextual Offer and Consumption Values

    Science.gov (United States)

    Shen, Xiao-Liang; Wang, Nan

    2013-01-01

    Abstract The ubiquity and portability of mobile devices provide additional opportunities for information retrieval. People can easily access mobile applications anytime and anywhere when they need to acquire specific context-aware recommendations (contextual offer) from their friends. This study, thus, represents an initial attempt to understand users' acceptance of a mobile-based social reviews platform, where recommendations from friends can be obtained with mobile devices. Based on the consumption value theory, a theoretical model is proposed and empirically examined using survey data from 218 mobile users. The findings demonstrate that contextual offers based on users' profiles, access time, and geographic positions significantly predict their value perceptions (utilitarian, hedonic, and social), which, in turn, affect their intention to use a mobile social reviews platform. This study is also believed to provide some useful insights to both research and practice. PMID:23530548

  10. A structural equation modeling investigation of the emotional value of immersive virtual reality in education

    DEFF Research Database (Denmark)

    Makransky, Guido; Lilleholt, Lau

    2018-01-01

    Virtual reality (VR) is projected to play an important role in education by increasing student engagement and motivation. However, little is known about the impact and utility of immersive VR for administering e-learning tools, or the underlying mechanisms that impact learners’ emotional processes...... consisted of 104 university students (39 females). Significantly higher scores were obtained on 11 of the 13 variables investigated using the immersive VR version of the simulation, with the largest differences occurring with regard to presence and motivation. Furthermore, we identified a model with two...... general paths by which immersion in VR impacts perceived learning outcomes. Specifically, we discovered an affective path in which immersion predicted presence and positive emotions, and a cognitive path in which immersion fostered a positive cognitive value of the task in line with the control value...

  11. Measuring the value of air quality: application of the spatial hedonic model.

    Science.gov (United States)

    Kim, Seung Gyu; Cho, Seong-Hoon; Lambert, Dayton M; Roberts, Roland K

    2010-03-01

    This study applies a hedonic model to assess the economic benefits of air quality improvement following the 1990 Clean Air Act Amendment at the county level in the lower 48 United States. An instrumental variable approach that combines geographically weighted regression and spatial autoregression methods (GWR-SEM) is adopted to simultaneously account for spatial heterogeneity and spatial autocorrelation. SEM mitigates spatial dependency while GWR addresses spatial heterogeneity by allowing response coefficients to vary across observations. Positive amenity values of improved air quality are found in four major clusters: (1) in East Kentucky and most of Georgia around the Southern Appalachian area; (2) in a few counties in Illinois; (3) on the border of Oklahoma and Kansas, on the border of Kansas and Nebraska, and in east Texas; and (4) in a few counties in Montana. Clusters of significant positive amenity values may exist because of a combination of intense air pollution and consumer awareness of diminishing air quality.

  12. The Emerging Business Models and Value Proposition of Mobile Health Clinics.

    Science.gov (United States)

    Aung, Khin-Kyemon; Hill, Caterina; Bennet, Jennifer; Song, Zirui; Oriol, Nancy E

    2015-12-01

    Mobile health clinics are increasingly used to deliver healthcare to urban and rural populations. An estimated 2000 vehicles in the United States are now delivering between 5 and 6 million visits annually; however, despite this growth, mobile health clinics represent an underutilized resource that could transform the way healthcare is delivered, especially in underserved areas. Preliminary research has shown that mobile health clinics have the potential to reduce costs and improve health outcomes. Their value lies primarily in their mobility, their ability to be flexibly deployed and customized to fit the evolving needs of populations and health systems, and their ability to link clinical and community settings. Few studies have identified how mobile health clinics can be sustainably utilized. We discuss the value proposition of mobile health clinics and propose 3 potential business models for them-adoption by accountable care organizations, payers, and employers.

  13. Recommended Parameter Values for GENII Modeling of Radionuclides in Routine Air and Water Releases

    Energy Technology Data Exchange (ETDEWEB)

    Snyder, Sandra F. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Arimescu, Carmen [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Napier, Bruce A. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Hay, Tristan R. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States)

    2012-11-01

    The GENII v2 code is used to estimate dose to individuals or populations from the release of radioactive materials into air or water. Numerous parameter values are required for input into this code. User-defined parameters cover the spectrum from chemical data, meteorological data, agricultural data, and behavioral data. This document is a summary of parameter values that reflect conditions in the United States. Reasonable regional and age-dependent data is summarized. Data availability and quality varies. The set of parameters described address scenarios for chronic air emissions or chronic releases to public waterways. Considerations for the special tritium and carbon-14 models are briefly addressed. GENIIv2.10.0 is the current software version that this document supports.

  14. Customer Focused Product Design Using Integrated Model of Target Costing, Quality Function Deployment and Value Engineering

    Directory of Open Access Journals (Sweden)

    Hossein Rezaei Dolatabadi

    2013-01-01

    Full Text Available Target costing by integrating customer requirements, technical attributes and cost information into the product design phase and eliminating the non-value added functions, plays a vital role in different phases of the product life cycle. Quality Function Deployment (QFD and Value Engineering (VE are two techniques which can be used for applying target costing, successfully. The purpose of this paper is to propose an integrated model of target costing, QFD and VE to explore the role of target costing in managing product costs while promoting quality specifications meeting customers’ needs. F indings indicate that the integration of target costing, QFD and VE is an essential technique in managing the costs of production process. Findings also imply that integration of the three techniques provides a competitive cost advantage to companies.

  15. The value of windpower: An investigation using a qualified production cost model

    International Nuclear Information System (INIS)

    Milligan, M.R.; Miller, A.H.

    1993-07-01

    As part of the US Department of Energy's Wind Energy Program at the National Renewable Energy Laboratory, we are using the Environmental Defense Fund's Electric Utility Financial ampersand Production Cost Model (Elfin) as a tool to determine the value of wind energy to specific utilities. The cases we have developed exercise a number of options in the way in which wind energy is treated: (1) as a load modifer (negative load); (2) as a quick-start supply-side resource with hourly varying output; and (3) probabilistically, using time-varying Weibull distributions. By using two wind speed distributions, two different wind turbines, and two different utilities, we show what the wind turbine cost/kW might be that results in a positive value of wind energy for these utilities

  16. A Flexible Nonlinear Modelling Framework for Nonstationary Generalized Extreme Value Analysis in Hydrology and Climatology

    Science.gov (United States)

    Cannon, A. J.

    2009-12-01

    Parameters in a Generalized Extreme Value (GEV) distribution are specified as a function of covariates using a conditional density network (CDN), which is a probabilistic extension of the multilayer perceptron neural network. If the covariate is time, or is dependent on time, then the GEV-CDN model can be used to perform nonlinear, nonstationary GEV analysis of hydrological or climatological time series. Due to the flexibility of the neural network architecture, the model is capable of representing a wide range of nonstationary relationships. Model parameters are estimated by generalized maximum likelihood, an approach that is tailored to the estimation of GEV parameters from geophysical time series. Model complexity is identified using the Bayesian information criterion and the Akaike information criterion with small sample size correction. Monte Carlo simulations are used to validate GEV-CDN performance on four simple synthetic problems. The model is then demonstrated on precipitation data from southern California, a series that exhibits nonstationarity due to interannual/interdecadal climatic variability. A hierarchy of models can be defined by adjusting three aspects of the GEV-CDN model architecture: (i) by specifying either a linear or a nonlinear hidden-layer activation function; (ii) by adjusting the number of hidden-layer nodes; or (iii) by disconnecting weights leading to output-layer nodes. To illustrate, five GEV-CDN models are shown here in order of increasing complexity for the case of a single covariate, which, in this case, is assumed to be time. The shape parameter is assumed to be constant in all models, although this is not a requirement of the GEV-CDN framework.

  17. Fault diagnostics in power transformer model winding for different alpha values

    Directory of Open Access Journals (Sweden)

    G.H. Kusumadevi

    2015-09-01

    Full Text Available Transient overvoltages appearing at line terminal of power transformer HV windings can cause failure of winding insulation. The failure can be from winding to ground or between turns or sections of winding. In most of the cases, failure from winding to ground can be detected by changes in the wave shape of surge voltage appearing at line terminal. However, detection of insulation failure between turns may be difficult due to intricacies involved in identifications of faults. In this paper, simulation investigations carried out on a power transformer model winding for identifying faults between turns of winding has been reported. The power transformer HV winding has been represented by 8 sections, 16 sections and 24 sections. Neutral current waveform has been analyzed for same model winding represented by different number of sections. The values of α (‘α’ value is the square root of total ground capacitance to total series capacitance of winding considered for windings are 5, 10 and 20. Standard lightning impulse voltage (1.2/50 μs wave shape have been considered for analysis. Computer simulations have been carried out using software PSPICE version 10.0. Neutral current and frequency response analysis methods have been used for identification of faults within sections of transformer model winding.

  18. A CBR-Based and MAHP-Based Customer Value Prediction Model for New Product Development

    Science.gov (United States)

    Zhao, Yu-Jie; Luo, Xin-xing; Deng, Li

    2014-01-01

    In the fierce market environment, the enterprise which wants to meet customer needs and boost its market profit and share must focus on the new product development. To overcome the limitations of previous research, Chan et al. proposed a dynamic decision support system to predict the customer lifetime value (CLV) for new product development. However, to better meet the customer needs, there are still some deficiencies in their model, so this study proposes a CBR-based and MAHP-based customer value prediction model for a new product (C&M-CVPM). CBR (case based reasoning) can reduce experts' workload and evaluation time, while MAHP (multiplicative analytic hierarchy process) can use actual but average influencing factor's effectiveness in stimulation, and at same time C&M-CVPM uses dynamic customers' transition probability which is more close to reality. This study not only introduces the realization of CBR and MAHP, but also elaborates C&M-CVPM's three main modules. The application of the proposed model is illustrated and confirmed to be sensible and convincing through a stimulation experiment. PMID:25162050

  19. Islamic value to the modification of BSC model (a case study in evaluating company performance)

    Science.gov (United States)

    Harwati; Permana, Y.

    2017-12-01

    Halal is the key word for the Muslim community in consuming goods or services. Providing halal products is the main focus for companies with the largest consumers from the Muslim community. Halal is not only from the ingredients but also from the process in its production. The purpose of this study is to design a model of performance measurement for a company in order to provide halal products. Balance Score Card (BSC) is used as a framework. BSC as a performance measurement system has advantages not only focus on financial aspect but also non finance. Islamic values are incorporated into four perspective of BSC. They are: Selection of sharia financial institutions in financial perspective, payment method by consumer in consumer perspective, number of product with halal certificate and menu clarify in internal business process perspective, then accuracy of payroll time in learning and growth perspective. The modified BSC model obtains 17 Key Performance Indicators (KPI). The model is applied in a culinary industry (restaurant). Structured questionnaires and scheduled interviews are used to collect the important data. The result show that these industry fail to meet 8 from total 17 KPI so performance achievement is only 70.81%, and only reach 22.58% in Islamic value aspect. This is recorded by the company as an input to improve their performance in order to compete in halal food business.

  20. Estimating cross-validatory predictive p-values with integrated importance sampling for disease mapping models.

    Science.gov (United States)

    Li, Longhai; Feng, Cindy X; Qiu, Shi

    2017-06-30

    An important statistical task in disease mapping problems is to identify divergent regions with unusually high or low risk of disease. Leave-one-out cross-validatory (LOOCV) model assessment is the gold standard for estimating predictive p-values that can flag such divergent regions. However, actual LOOCV is time-consuming because one needs to rerun a Markov chain Monte Carlo analysis for each posterior distribution in which an observation is held out as a test case. This paper introduces a new method, called integrated importance sampling (iIS), for estimating LOOCV predictive p-values with only Markov chain samples drawn from the posterior based on a full data set. The key step in iIS is that we integrate away the latent variables associated the test observation with respect to their conditional distribution without reference to the actual observation. By following the general theory for importance sampling, the formula used by iIS can be proved to be equivalent to the LOOCV predictive p-value. We compare iIS and other three existing methods in the literature with two disease mapping datasets. Our empirical results show that the predictive p-values estimated with iIS are almost identical to the predictive p-values estimated with actual LOOCV and outperform those given by the existing three methods, namely, the posterior predictive checking, the ordinary importance sampling, and the ghosting method by Marshall and Spiegelhalter (2003). Copyright © 2017 John Wiley & Sons, Ltd. Copyright © 2017 John Wiley & Sons, Ltd.

  1. The value of soil respiration measurements for interpreting and modeling terrestrial carbon cycling

    Energy Technology Data Exchange (ETDEWEB)

    Phillips, Claire L.; Bond-Lamberty, Ben; Desai, Ankur R.; Lavoie, Martin; Risk, Dave; Tang, Jianwu; Todd-Brown, Katherine; Vargas, Rodrigo

    2016-11-16

    A recent acceleration of model-data synthesis activities has leveraged many terrestrial carbon (C) datasets, but utilization of soil respiration (RS) data has not kept pace with other types such as eddy covariance (EC) fluxes and soil C stocks. Here we argue that RS data, including non-continuous measurements from survey sampling campaigns, have unrealized value and should be utilized more extensively and creatively in data synthesis and modeling activities. We identify three major challenges in interpreting RS data, and discuss opportunities to address them. The first challenge is that when RS is compared to ecosystem respiration (RECO) measured from EC towers, it is not uncommon to find substantial mismatch, indicating one or both flux methodologies are unreliable. We argue the most likely cause of mismatch is unreliable EC data, and there is an unrecognized opportunity to utilize RS for EC quality control. The second challenge is that RS integrates belowground heterotrophic (RH) and autotrophic (RA) activity, whereas modelers generally prefer partitioned fluxes, and few models include an explicit RS output. Opportunities exist to use the total RS flux for data assimilation and model benchmarking methods rather than less-certain partitioned fluxes. Pushing for more experiments that not only partition RS but also monitor the age of RA and RH, as well as for the development of belowground RA components in models, would allow for more direct comparison between measured and modeled values. The third challenge is that soil respiration is generally measured at a very different resolution than that needed for comparison to EC or ecosystem- to global-scale models. Measuring soil fluxes with finer spatial resolution and more extensive coverage, and downscaling EC fluxes to match the scale of RS, will improve chamber and tower comparisons. Opportunities also exist to estimate RH at regional scales by implementing decomposition functional types, akin to plant functional

  2. Predictive value of the transtheoretical model to smoking cessation in hospitalized patients with cardiovascular disease.

    Science.gov (United States)

    Chouinard, Maud-Christine; Robichaud-Ekstrand, Sylvie

    2007-02-01

    Several authors have questioned the transtheoretical model. Determining the predictive value of each cognitive-behavioural element within this model could explain the multiple successes reported in smoking cessation programmes. The purpose of this study was to predict point-prevalent smoking abstinence at 2 and 6 months, using the constructs of the transtheoretical model, when applied to a pooled sample of individuals who were hospitalized for a cardiovascular event. The study follows a predictive correlation design. Recently hospitalized patients (n=168) with cardiovascular disease were pooled from a randomized, controlled trial. Independent variables of the predictive transtheoretical model comprise stages and processes of change, pros and cons to quit smoking (decisional balance), self-efficacy, and social support. These were evaluated at baseline, 2 and 6 months. Compared to smokers, individuals who abstained from smoking at 2 and 6 months were more confident at baseline to remain non-smokers, perceived less pros and cons to continue smoking, utilized less consciousness raising and self-re-evaluation experiential processes of change, and received more positive reinforcement from their social network with regard to their smoke-free behaviour. Self-efficacy and stages of change at baseline were predictive of smoking abstinence after 6 months. Other variables found to be predictive of smoking abstinence at 6 months were an increase in self-efficacy; an increase in positive social support behaviour and a decrease of the pros within the decisional balance. The results partially support the predictive value of the transtheoretical model constructs in smoking cessation for cardiovascular disease patients.

  3. A model to Estimate the Implicit Values of Housing Attributes by Applying the Hedonic Pricing Method

    Directory of Open Access Journals (Sweden)

    TD Randeniya

    2017-05-01

    Full Text Available Many scholars focused on the location based attributes rather than the non-location factors in decision making on land prices. Further, new research studies have identified the importance of the non-location attributes with the location factors. Many studies suggest that, many attributes exist which affects the housing price. Since the attributes involved and dominant for a particular case differs from one situation to the other, there cannot be an exact list of attributes. Yet, identification of factors that determine housing price and their relationships and the level of influence have poorly understood in planning and property development in the context of Sri Lanka. This study attempts to address what make householders to decide on housing price and application of hedonic pricing approach to estimate the implicit price of housing attributes in context of Sri Lanka. A sample study of selected fifty (50 single house transactions in Maharagama urban neighborhood area has been utilized to illustrate the applicability of the hedonic pricing model. As a methodology, correlation analysis has been carried out to study the degree of relationship between the housing price and the independent variables. The attributes which correlate with housing prices, the study identified the most significant attributes. A model was developed to estimate the future house price by applying the pricing model which is incorporated with these attributes. A hedonic house price model derived from multiple liner regression analysis was developed for the purpose. The findings reveal that six attributes as design type of the house, distance to the local road, quality of Infrastructure, garden size, number of the bed rooms and property age are contributed to estimate the implicit value of Housing property. The model developed would be used to identify implicit values of houses located in urban neighborhood area of Sri Lanka.

  4. 8760-Based Method for Representing Variable Generation Capacity Value in Capacity Expansion Models: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Frew, Bethany A [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Cole, Wesley J [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Sun, Yinong [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Mai, Trieu T [National Renewable Energy Laboratory (NREL), Golden, CO (United States); Richards, James [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2017-08-01

    Capacity expansion models (CEMs) are widely used to evaluate the least-cost portfolio of electricity generators, transmission, and storage needed to reliably serve demand over the evolution of many years or decades. Various CEM formulations are used to evaluate systems ranging in scale from states or utility service territories to national or multi-national systems. CEMs can be computationally complex, and to achieve acceptable solve times, key parameters are often estimated using simplified methods. In this paper, we focus on two of these key parameters associated with the integration of variable generation (VG) resources: capacity value and curtailment. We first discuss common modeling simplifications used in CEMs to estimate capacity value and curtailment, many of which are based on a representative subset of hours that can miss important tail events or which require assumptions about the load and resource distributions that may not match actual distributions. We then present an alternate approach that captures key elements of chronological operation over all hours of the year without the computationally intensive economic dispatch optimization typically employed within more detailed operational models. The updated methodology characterizes the (1) contribution of VG to system capacity during high load and net load hours, (2) the curtailment level of VG, and (3) the potential reductions in curtailments enabled through deployment of storage and more flexible operation of select thermal generators. We apply this alternate methodology to an existing CEM, the Regional Energy Deployment System (ReEDS). Results demonstrate that this alternate approach provides more accurate estimates of capacity value and curtailments by explicitly capturing system interactions across all hours of the year. This approach could be applied more broadly to CEMs at many different scales where hourly resource and load data is available, greatly improving the representation of challenges

  5. Analytic solution of boundary-value problems for nonstationary model kinetic equations

    International Nuclear Information System (INIS)

    Latyshev, A.V.; Yushkanov, A.A.

    1993-01-01

    A theory for constructing the solutions of boundary-value problems for non-stationary model kinetic equations is constructed. This theory was incorrectly presented equation, separation of the variables is used, this leading to a characteristic equation. Eigenfunctions are found in the space of generalized functions, and the eigenvalue spectrum is investigated. An existence and uniqueness theorem for the expansion of the Laplace transform of the solution with respect to the eigenfunctions is proved. The proof is constructive and gives explicit expressions for the expansion coefficients. An application to the Rayleigh problem is obtained, and the corresponding result of Cercignani is corrected

  6. Random walkers with extreme value memory: modelling the peak-end rule

    Science.gov (United States)

    Harris, Rosemary J.

    2015-05-01

    Motivated by the psychological literature on the ‘peak-end rule’ for remembered experience, we perform an analysis within a random walk framework of a discrete choice model where agents’ future choices depend on the peak memory of their past experiences. In particular, we use this approach to investigate whether increased noise/disruption always leads to more switching between decisions. Here extreme value theory illuminates different classes of dynamics indicating that the long-time behaviour is dependent on the scale used for reflection; this could have implications, for example, in questionnaire design.

  7. Solving inverse problem for Markov chain model of customer lifetime value using flower pollination algorithm

    Science.gov (United States)

    Al-Ma'shumah, Fathimah; Permana, Dony; Sidarto, Kuntjoro Adji

    2015-12-01

    Customer Lifetime Value is an important and useful concept in marketing. One of its benefits is to help a company for budgeting marketing expenditure for customer acquisition and customer retention. Many mathematical models have been introduced to calculate CLV considering the customer retention/migration classification scheme. A fairly new class of these models which will be described in this paper uses Markov Chain Models (MCM). This class of models has the major advantage for its flexibility to be modified to several different cases/classification schemes. In this model, the probabilities of customer retention and acquisition play an important role. From Pfeifer and Carraway, 2000, the final formula of CLV obtained from MCM usually contains nonlinear form of the transition probability matrix. This nonlinearity makes the inverse problem of CLV difficult to solve. This paper aims to solve this inverse problem, yielding the approximate transition probabilities for the customers, by applying metaheuristic optimization algorithm developed by Yang, 2013, Flower Pollination Algorithm. The major interpretation of obtaining the transition probabilities are to set goals for marketing teams in keeping the relative frequencies of customer acquisition and customer retention.

  8. 8760-Based Method for Representing Variable Generation Capacity Value in Capacity Expansion Models

    Energy Technology Data Exchange (ETDEWEB)

    Frew, Bethany A [National Renewable Energy Laboratory (NREL), Golden, CO (United States)

    2017-08-03

    Capacity expansion models (CEMs) are widely used to evaluate the least-cost portfolio of electricity generators, transmission, and storage needed to reliably serve load over many years or decades. CEMs can be computationally complex and are often forced to estimate key parameters using simplified methods to achieve acceptable solve times or for other reasons. In this paper, we discuss one of these parameters -- capacity value (CV). We first provide a high-level motivation for and overview of CV. We next describe existing modeling simplifications and an alternate approach for estimating CV that utilizes hourly '8760' data of load and VG resources. We then apply this 8760 method to an established CEM, the National Renewable Energy Laboratory's (NREL's) Regional Energy Deployment System (ReEDS) model (Eurek et al. 2016). While this alternative approach for CV is not itself novel, it contributes to the broader CEM community by (1) demonstrating how a simplified 8760 hourly method, which can be easily implemented in other power sector models when data is available, more accurately captures CV trends than a statistical method within the ReEDS CEM, and (2) providing a flexible modeling framework from which other 8760-based system elements (e.g., demand response, storage, and transmission) can be added to further capture important dynamic interactions, such as curtailment.

  9. The value of urban tree cover: A hedonic property price model in Ramsey and Dakota Counties, Minnesota, USA

    Science.gov (United States)

    Heather Sander; Stephen Polasky; Robert. Haight

    2010-01-01

    Urban tree cover benefits communities. These benefits' economic values, however, are poorly recognized and often ignored by landowners and planners. We use hedonic property price modeling to estimate urban tree cover's value in Dakota and Ramsey Counties, MN, USA, predicting housing value as a function of structural, neighborhood, and environmental variables...

  10. Using 3d Bim Model for the Value-Based Land Share Calculations

    Science.gov (United States)

    Çelik Şimşek, N.; Uzun, B.

    2017-11-01

    According to the Turkish condominium ownership system, 3D physical buildings and its condominium units are registered to the condominium ownership books via 2D survey plans. Currently, 2D representations of the 3D physical objects, causes inaccurate and deficient implementations for the determination of the land shares. Condominium ownership and easement right are established with a clear indication of land shares (condominium ownership law, article no. 3). So, the land share of each condominium unit have to be determined including the value differences among the condominium units. However the main problem is that, land share has often been determined with area based over the project before construction of the building. The objective of this study is proposing a new approach in terms of value-based land share calculations of the condominium units that subject to condominium ownership. So, the current approaches and its failure that have taken into account in determining the land shares are examined. And factors that affect the values of the condominium units are determined according to the legal decisions. This study shows that 3D BIM models can provide important approaches for the valuation problems in the determination of the land shares.

  11. ProvenCare: Geisinger's Model for Care Transformation through Innovative Clinical Initiatives and Value Creation.

    Science.gov (United States)

    2009-04-01

    Geisinger's system of care can be seen as a microcosm of the national delivery of healthcare, with implications for decision makers in other health plans. In this interview, Dr Ronald A. Paulus focuses on Geisinger's unique approach to patient care. In its core, this approach represents a system of quality and value initiatives based on 3 major programs-Proven Health Navigation (medical home); the ProvenCare model; and transitions of care. The goal of such an approach is to optimize disease management by using a rational reimbursement paradigm for appropriate interventions, providing innovative incentives, and engaging patients in their own care as part of any intervention. Dr Paulus explains the reasons why, unlike Geisinger, other stakeholders, including payers, providers, patients, and employers, have no intrinsic reasons to be concerned with quality and value initiatives. In addition, he says, an electronic infrastructure that could be modified as management paradigms evolve is a necessary tool to ensure the healthcare delivery system's ability to adapt to new clinical realities quickly to ensure the continuation of delivering best value for all stakeholders.

  12. Interception of values as a result of the business model restructuring – case study

    Directory of Open Access Journals (Sweden)

    Nogalski Bogdan

    2017-12-01

    Full Text Available The main objective of this paper is to present a case of value interception as a result of restructuring the business model of a manufacturing company that operates in the agricultural machinery sector. A company that focuses on core activities in the value chain and commissions the manufacturing of most components to specialised suppliers – as a result of restructuring – becomes an integrator that controls all parts of the supply chain; from obtaining a raw material, through its own production of a possibly large number of components, to the distribution of a finished composite product. The framework of the conducted research featured the identification of the relationships occurring between own production of components comprising a given product, and an alternative solution, i.e. possibility of acquiring them by way of co-operation. The authors assumed that a derivative of the value intercepted in the finished product implementation process is the number of components manufactured using own production resources.

  13. The disconnected values (intervention) model for promoting healthy habits in religious institutions.

    Science.gov (United States)

    Anshel, Mark H

    2010-03-01

    The purpose of this article is to provide an intervention model that can be used by religious leaders for changing health behavior among practicing members of religious communities. The intervention does not require extensive training or licensure in counseling psychology. At the heart of this model is the acknowledgement that a person's negative habits (e.g., lack of exercise, poor nutrition) and his or her deepest values and beliefs (e.g., faith, health, family) are often misaligned, or disconnected. In addition, the unhealthy outcomes from these habits are contrary to the scriptural traditions of the world religions and thus are especially relevant to individuals who practice their religious beliefs. The Sacred Scriptures of Judaism and Christianity, for example, are replete with teachings that extol the virtues of practicing habits that promote good health and energy. In addition, evidence is mounting in the existing health intervention literature that adopting permanent and desirable changes in health behavior have not been successful, and that adherence to desirable habits such as exercise and proper nutrition is short-lived. The Disconnected Values Model (DVM) provides a novel approach for enhancing health behavior change within the context of the mission of most religious institutions. The model is compatible with skills presented by religious leaders, who possess more credibility and influence in changing the behavior of members and service attendees of their respective religious institutions. The religious leader's role is to provide the client with faith-based incentives to initiate and maintain changes in their health behaviors, and perhaps to provide resources for the individual to pursue an action plan. A case study is described in which the DVM intervention was used successfully with an individual of strong faith.

  14. Establishment of virtual three-dimensional model for intravascular interventional devices and its clinical value

    International Nuclear Information System (INIS)

    Wei Xin; Zhong Liming; Xie Xiaodong; Wang Chaohua; You Jian; Hu Hong; Hu Kongqiong; Zhao Xiaowei

    2012-01-01

    Objective: To explore virtual three-dimensional (3D) model for intravascular interventional devices,the method of preoperative simulation and its value in clinical work. Methods: The virtual models including catheter, guide wire, stent and coil were established by using the 3D moulding software of 3D Studio MAX R3. The interventional preoperative simulation was performed on personal computer including 21 patients of cerebral aneurysm embolization (anterior communicating artery 5, posterior communicating artery 10,middle cerebral artery 3, internal carotid artery 2, and vertebral artery 1), during interventional procedures, the surgeon relied on the simulation results for plastic micro-guide wire, catheter and the release of micro-coils and stents. Results: (1) All the virtual instruments and real instruments had similar shape,the overall tine for constructing virtual model was about 20 hours. The preoperative simulation took 50 to 80 minutes. (2) The simulation result of catheter insertion in the 18 cases had relevant value to guide micro-catheter, molding micro-guide wire tip, and shortened the operating time. For embolization, the simulation results of filling coil and releasing stent were similar to surgical results in 76% of the patients (16/21). (3)For teaching and training, 93% (38/41) of doctors in training believed that preoperative simulation facilitated the understanding of surgery. Conclusions: The method of virtual model of intravascular interventional devices was reliable. The preoperative simulation results could be used to guide practical clinical operation with relatively high degree of similarity, and could play a role in promoting researches on interventional virtual operations. (authors)

  15. PK-PD Integration Modeling and Cutoff Value of Florfenicol against Streptococcus suis in Pigs

    Directory of Open Access Journals (Sweden)

    Zhixin Lei

    2018-01-01

    Full Text Available The aims of the present study were to establish optimal doses and provide an alternate COPD for florfenicol against Streptococcus suis based on pharmacokinetic-pharmacodynamic integration modeling. The recommended dose (30 mg/kg b.w. were administered in healthy pigs through intramuscular and intravenous routes for pharmacokinetic studies. The main pharmacokinetic parameters of Cmax, AUC0-24h, AUC, Ke, t1/2ke, MRT, Tmax, and Clb, were estimated as 4.44 μg/ml, 88.85 μg⋅h/ml, 158.56 μg⋅h/ml, 0.048 h-1, 14.46 h, 26.11 h, 4 h and 0.185 L/h⋅kg, respectively. The bioavailability of florfenicol was calculated to be 99.14% after I.M administration. A total of 124 Streptococcus suis from most cities of China were isolated to determine the minimum inhibitory concentration (MIC of florfenicol. The MIC50 and MIC90 were calculated as 1 and 2 μg/ml. A serotype 2 Streptococcus suis (WH-2, with MIC value similar to MIC90, was selected as a representative for an in vitro and ex vivo pharmacodynamics study. The MIC values of WH-2 in TSB and plasma were 2 μg/ml, and the MBC/MIC ratios were 2 in TSB and plasma. The MPC was detected to be 3.2 μg/ml. According to inhibitory sigmoid Emax model, plasma AUC0-24h/MIC values of florfenicol versus Streptococcus suis were 37.89, 44.02, and 46.42 h for the bactericidal, bacteriostatic, and elimination activity, respectively. Monte Carlo simulations the optimal doses for bactericidal, bacteriostatic, and elimination effects were calculated as 16.5, 19.17, and 20.14 mg/kg b.w. for 50% target attainment rates (TAR, and 21.55, 25.02, and 26.85 mg/kg b.w. for 90% TAR, respectively. The PK-PD cutoff value (COPD analyzed from MCS for florfenicol against Streptococcus suis was 1 μg/ml which could provide a sensitivity cutoff value. These results contributed an optimized alternative to clinical veterinary medicine and showed that the dose of 25.02 mg/kg florfenicol for 24 h could have a bactericidal action against

  16. Value of river discharge data for global-scale hydrological modeling

    Directory of Open Access Journals (Sweden)

    M. Hunger

    2008-05-01

    Full Text Available This paper investigates the value of observed river discharge data for global-scale hydrological modeling of a number of flow characteristics that are e.g. required for assessing water resources, flood risk and habitat alteration of aquatic ecosystems. An improved version of the WaterGAP Global Hydrology Model (WGHM was tuned against measured discharge using either the 724-station dataset (V1 against which former model versions were tuned or an extended dataset (V2 of 1235 stations. WGHM is tuned by adjusting one model parameter (γ that affects runoff generation from land areas in order to fit simulated and observed long-term average discharge at tuning stations. In basins where γ does not suffice to tune the model, two correction factors are applied successively: the areal correction factor corrects local runoff in a basin and the station correction factor adjusts discharge directly the gauge. Using station correction is unfavorable, as it makes discharge discontinuous at the gauge and inconsistent with runoff in the upstream basin. The study results are as follows. (1 Comparing V2 to V1, the global land area covered by tuning basins increases by 5% and the area where the model can be tuned by only adjusting γ increases by 8%. However, the area where a station correction factor (and not only an areal correction factor has to be applied more than doubles. (2 The value of additional discharge information for representing the spatial distribution of long-term average discharge (and thus renewable water resources with WGHM is high, particularly for river basins outside of the V1 tuning area and in regions where the refined dataset provides a significant subdivision of formerly extended tuning basins (average V2 basin size less than half the V1 basin size. If the additional discharge information were not used for tuning, simulated long-term average discharge would differ from the observed one by a factor of, on average, 1.8 in the formerly

  17. Simulating the value of electric-vehicle-grid integration using a behaviourally realistic model

    Science.gov (United States)

    Wolinetz, Michael; Axsen, Jonn; Peters, Jotham; Crawford, Curran

    2018-02-01

    Vehicle-grid integration (VGI) uses the interaction between electric vehicles and the electrical grid to provide benefits that may include reducing the cost of using intermittent renwable electricity or providing a financial incentive for electric vehicle ownerhip. However, studies that estimate the value of VGI benefits have largely ignored how consumer behaviour will affect the magnitude of the impact. Here, we simulate the long-term impact of VGI using behaviourally realistic and empirically derived models of vehicle adoption and charging combined with an electricity system model. We focus on the case where a central entity manages the charging rate and timing for participating electric vehicles. VGI is found not to increase the adoption of electric vehicles, but does have a a small beneficial impact on electricity prices. By 2050, VGI reduces wholesale electricity prices by 0.6-0.7% (0.7 MWh-1, 2010 CAD) relative to an equivalent scenario without VGI. Excluding consumer behaviour from the analysis inflates the value of VGI.

  18. Automated fault tree synthesis by semantic network modeling, rulebased development and recursive 3-value procedure

    International Nuclear Information System (INIS)

    Kumamoto, Hiromitsu; Henley, E.J.

    1995-01-01

    A concept of flow is introduced to represent any material, information, energy, activity, or phenomenon which can move or propagate along flow paths to cause events specific to the system to be analyzed. A graphical equipment library is given to represent typical types of 'generation rate' and 'aperture' controllers. The system is modeled by a semantic network with labeled arrows showing effect to cause (backward) relationships between flow and equipment nodes. A correspondence between the equipment library and the system components is established, and the semantic network is constructed by integrating network fragments in the library. Fixed and/or free boundary conditions can be specified explicitly for flow or equipment nodes. Forward-chaining event development rules locally trace the labeled arrows, while a 3-value procedure guides the FT generation by recursive rule applications. The rules are obtained from tables and equipment definitions. The 3-value logic is used to truncate FTs according to the boundary conditions. Different FTs are generated for different top events and boundary conditions, given a semantic network model. FT modules and their hierarchies can be identified by examining network theoretic properties of flow nodes. The proposed approach is demonstrated for a relay system, a hypothetical swimming pool reactor and a chemical reactor

  19. Modelling and Optimising the Value of a Hybrid Solar-Wind System

    Science.gov (United States)

    Nair, Arjun; Murali, Kartik; Anbuudayasankar, S. P.; Arjunan, C. V.

    2017-05-01

    In this paper, a net present value (NPV) approach for a solar hybrid system has been presented. The system, in question aims at supporting an investor by assessing an investment in solar-wind hybrid system in a given area. The approach follow a combined process of modelling the system, with optimization of major investment-related variables to maximize the financial yield of the investment. The consideration of solar wind hybrid supply presents significant potential for cost reduction. The investment variables concern the location of solar wind plant, and its sizing. The system demand driven, meaning that its primary aim is to fully satisfy the energy demand of the customers. Therefore, the model is a practical tool in the hands of investor to assess and optimize in financial terms an investment aiming at covering real energy demand. Optimization is performed by taking various technical, logical constraints. The relation between the maximum power obtained between individual system and the hybrid system as a whole in par with the net present value of the system has been highlighted.

  20. Job insecurity and discretionary behaviors: Social exchange perspective versus group value model.

    Science.gov (United States)

    Piccoli, Beatrice; De Witte, Hans; Reisel, William D

    2017-02-01

    This study examines the relationship between job insecurity and discretionary behaviors, that is, organizational citizenship behaviors (OCB) and counterproductive work behaviors (CWB), with the purpose to extend knowledge on the theoretical explanations for these outcomes. Considering the employment relationship with the organization, two different perspectives are suggested and compared in a multiple mediator model, in order to understand the reasons for discretionary behaviors. We draw upon social exchange theory as the basis of psychological contract perceptions and we rely on the group value model to explain organizational justice evaluations. A total of 570 blue-collar workers in Italy participated in our survey. The results show that job insecurity is indirectly related to OCB and CWB through psychological contract breach and organizational injustice. Both mediational mechanisms have equivalent strength in explaining the relationships, namely, they are complementary processes in accounting for both behaviors. These findings suggest that employees' behaviors in job insecure contexts are driven not only by concerns related to the exchange of resources with the organization, but also by evaluations about their value as important members of the group. © 2016 Scandinavian Psychological Associations and John Wiley & Sons Ltd.

  1. Statistical Modeling of Extreme Values and Evidence of Presence of Dragon King (DK) in Solar Wind

    Science.gov (United States)

    Gomes, T.; Ramos, F.; Rempel, E. L.; Silva, S.; C-L Chian, A.

    2017-12-01

    The solar wind constitutes a nonlinear dynamical system, presenting intermittent turbulence, multifractality and chaotic dynamics. One characteristic shared by many such complex systems is the presence of extreme events, that play an important role in several Geophysical phenomena and their statistical characterization is a problem of great practical relevance. This work investigates the presence of extreme events in time series of the modulus of the interplanetary magnetic field measured by Cluster spacecraft on February 2, 2002. One of the main results is that the solar wind near the Earth's bow shock can be modeled by the Generalized Pareto (GP) and Generalized Extreme Values (GEV) distributions. Both models present a statistically significant positive shape parameter which implyies a heavy tail in the probability distribution functions and an unbounded growth in return values as return periods become too long. There is evidence that current sheets are the main responsible for positive values of the shape parameter. It is also shown that magnetic reconnection at the interface between two interplanetary magnetic flux ropes in the solar wind can be considered as Dragon Kings (DK), a class of extreme events whose formation mechanisms are fundamentally different from others. As long as magnetic reconnection can be classified as a Dragon King, there is the possibility of its identification and even its prediction. Dragon kings had previously been identified in time series of financial crashes, nuclear power generation accidents, stock market and so on. It is believed that they are associated with the occurrence of extreme events in dynamical systems at phase transition, bifurcation, crises or tipping points.

  2. Modelling of extreme minimum rainfall using generalised extreme value distribution for Zimbabwe

    Directory of Open Access Journals (Sweden)

    Delson Chikobvu

    2015-09-01

    Full Text Available We modelled the mean annual rainfall for data recorded in Zimbabwe from 1901 to 2009. Extreme value theory was used to estimate the probabilities of meteorological droughts. Droughts can be viewed as extreme events which go beyond and/or below normal rainfall occurrences, such as exceptionally low mean annual rainfall. The duality between the distribution of the minima and maxima was exploited and used to fit the generalised extreme value distribution (GEVD to the data and hence find probabilities of extreme low levels of mean annual rainfall. The augmented Dickey Fuller test confirmed that rainfall data were stationary, while the normal quantile-quantile plot indicated that rainfall data deviated from the normality assumption at both ends of the tails of the distribution. The maximum likelihood estimation method and the Bayesian approach were used to find the parameters of the GEVD. The Kolmogorov-Smirnov and Anderson-Darling goodnessof- fit tests showed that the Weibull class of distributions was a good fit to the minima mean annual rainfall using the maximum likelihood estimation method. The mean return period estimate of a meteorological drought using the threshold value of mean annual rainfall of 473 mm was 8 years. This implies that if in the year there is a meteorological drought then another drought of the same intensity or greater is expected after 8 years. It is expected that the use of Bayesian inference may better quantify the level of uncertainty associated with the GEVD parameter estimates than with the maximum likelihood estimation method. The Markov chain Monte Carlo algorithm for the GEVD was applied to construct the model parameter estimates using the Bayesian approach. These findings are significant because results based on non-informative priors (Bayesian method and the maximum likelihood method approach are expected to be similar.

  3. Grey-Markov prediction model based on background value optimization and central-point triangular whitenization weight function

    Science.gov (United States)

    Ye, Jing; Dang, Yaoguo; Li, Bingjun

    2018-01-01

    Grey-Markov forecasting model is a combination of grey prediction model and Markov chain which show obvious optimization effects for data sequences with characteristics of non-stationary and volatility. However, the state division process in traditional Grey-Markov forecasting model is mostly based on subjective real numbers that immediately affects the accuracy of forecasting values. To seek the solution, this paper introduces the central-point triangular whitenization weight function in state division to calculate possibilities of research values in each state which reflect preference degrees in different states in an objective way. On the other hand, background value optimization is applied in the traditional grey model to generate better fitting data. By this means, the improved Grey-Markov forecasting model is built. Finally, taking the grain production in Henan Province as an example, it verifies this model's validity by comparing with GM(1,1) based on background value optimization and the traditional Grey-Markov forecasting model.

  4. Interval-valued intuitionistic fuzzy multi-criteria model for design concept selection

    Directory of Open Access Journals (Sweden)

    Daniel Osezua Aikhuele

    2017-09-01

    Full Text Available This paper presents a new approach for design concept selection by using an integrated Fuzzy Analytical Hierarchy Process (FAHP and an Interval-valued intuitionistic fuzzy modified TOP-SIS (IVIF-modified TOPSIS model. The integrated model which uses the improved score func-tion and a weighted normalized Euclidean distance method for the calculation of the separation measures of alternatives from the positive and negative intuitionistic ideal solutions provides a new approach for the computation of intuitionistic fuzzy ideal solutions. The results of the two approaches are integrated using a reflection defuzzification integration formula. To ensure the feasibility and the rationality of the integrated model, the method is successfully applied for eval-uating and selecting some design related problems including a real-life case study for the selec-tion of the best concept design for a new printed-circuit-board (PCB and for a hypothetical ex-ample. The model which provides a novel alternative, has been compared with similar computa-tional methods in the literature.

  5. Models and methods for assessing the value of HVDC and MVDC technologies in modern power grids

    Energy Technology Data Exchange (ETDEWEB)

    Makarov, Yuri V. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Elizondo, Marcelo A. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); O' Brien, James G. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Huang, Qiuhua [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Kirkham, Harold [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Huang, Zhenyu [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Chinthavali, Madhu [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Suman, Debnath [Oak Ridge National Lab. (ORNL), Oak Ridge, TN (United States); Mohan, Nihal [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Hess, Warren [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Duebner, David [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Orser, David [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Brown, Hilary [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Osborn, Dale [Mid-Continent Independent System Operator (MISO), St. Paul, MN (United States); Feltes, James [Siemens, Knoxville, TN (United States); Kurthakoti Chandrashekhara, Divya [Siemens, Knoxville, TN (United States); Zhu, Wenchun [Siemens, Knoxville, TN (United States)

    2017-07-31

    This report reflects the results of U.S. Department of Energy’s (DOE) Grid Modernization project 0074 “Models and methods for assessing the value of HVDC [high-voltage direct current] and MTDC [multi-terminal direct current] technologies in modern power grids.” The work was done by the Pacific Northwest National Laboratory (PNNL) and Oak Ridge National Laboratory (ORNL) in cooperation with Mid-Continent Independent System Operator (MISO) and Siemens. The main motivation of this study was to show the benefit of using direct current (DC) systems larger than those in existence today as they overlap with the alternating current (AC) systems. Proper use of their flexibility in terms of active/reactive power control and fast response can provide much-needed services to the grid at the same time as moving large blocks of energy to take advantage of cost diversity. Ultimately, the project’s success will enable decision-makers and investors to make well-informed decisions regarding this use of DC systems. This project showed the technical feasibility of HVDC macrogrid for frequency control and congestion relief in addition to bulk power transfers. Industry-established models for commonly used technologies were employed, along with high-fidelity models for recently developed HVDC converter technologies; like the modular multilevel converters (MMCs), a voltage source converters (VSC). Models for General Electric Positive Sequence Load Flow (GE PSLF) and Siemens Power System Simulator (PSS/E), widely used analysis programs, were for the first time adapted to include at the same time both Western Electricity Coordinating Council (WECC) and Eastern Interconnection (EI), the two largest North American interconnections. The high-fidelity models and their control were developed in detail for MMC system and extended to HVDC systems in point-to-point and in three-node multi-terminal configurations. Using a continental-level mixed AC-DC grid model, and using a HVDC macrogrid

  6. Variable selection models for genomic selection using whole-genome sequence data and singular value decomposition.

    Science.gov (United States)

    Meuwissen, Theo H E; Indahl, Ulf G; Ødegård, Jørgen

    2017-12-27

    Non-linear Bayesian genomic prediction models such as BayesA/B/C/R involve iteration and mostly Markov chain Monte Carlo (MCMC) algorithms, which are computationally expensive, especially when whole-genome sequence (WGS) data are analyzed. Singular value decomposition (SVD) of the genotype matrix can facilitate genomic prediction in large datasets, and can be used to estimate marker effects and their prediction error variances (PEV) in a computationally efficient manner. Here, we developed, implemented, and evaluated a direct, non-iterative method for the estimation of marker effects for the BayesC genomic prediction model. The BayesC model assumes a priori that markers have normally distributed effects with probability [Formula: see text] and no effect with probability (1 - [Formula: see text]). Marker effects and their PEV are estimated by using SVD and the posterior probability of the marker having a non-zero effect is calculated. These posterior probabilities are used to obtain marker-specific effect variances, which are subsequently used to approximate BayesC estimates of marker effects in a linear model. A computer simulation study was conducted to compare alternative genomic prediction methods, where a single reference generation was used to estimate marker effects, which were subsequently used for 10 generations of forward prediction, for which accuracies were evaluated. SVD-based posterior probabilities of markers having non-zero effects were generally lower than MCMC-based posterior probabilities, but for some regions the opposite occurred, resulting in clear signals for QTL-rich regions. The accuracies of breeding values estimated using SVD- and MCMC-based BayesC analyses were similar across the 10 generations of forward prediction. For an intermediate number of generations (2 to 5) of forward prediction, accuracies obtained with the BayesC model tended to be slightly higher than accuracies obtained using the best linear unbiased prediction of SNP

  7. Old but sexy: Value creation of old technology-based businesses models

    Directory of Open Access Journals (Sweden)

    Oke Christian Beckmann

    2016-12-01

    Full Text Available The purpose of this study is to contribute to a better understanding of the strategic and organisational con gurations that companies can use to generate value with product-market systems and their busi- ness models that have been dominant in the past but forced back into niche positions by innovation. The former dominant music format vinyl was rapidly substituted after the introduction of digital music. However, still nowadays some customers use and buy old technology-based products – vinyl sales boom again since 2007. Due to the two-sided nature of the market, customers have to get access to complementary goods. We are thus interested in technologies which have been outdated by the emergence of new technologies. The originality lies in the combination of the two areas: business models and old technologies. Furthermore, vinyl is an example not analysed in depth by scholars so far. We approached this by undertaking an in-depth literature review to generate hypotheses regarding the value-adding activities of old-technology based businesses as a basis for further research in this area. In addition the paper gives insights into the constellations to be expected over time for old technology-based businesses models in platform markets. We here focus on a neglected topic in the strategy literature which, however, bears relevance for many businesses locked into product-market systems which make it hard for them to (completely switch to a new technology emerging in the market. It is especially valuable to describe the consequences in a systematic fashion.

  8. ARM Cloud Radar Simulator Package for Global Climate Models Value-Added Product

    Energy Technology Data Exchange (ETDEWEB)

    Zhang, Yuying [North Carolina State Univ., Raleigh, NC (United States); Xie, Shaocheng [Lawrence Livermore National Lab. (LLNL), Livermore, CA (United States)

    2017-05-01

    It has been challenging to directly compare U.S. Department of Energy (DOE) Atmospheric Radiation Measurement (ARM) Climate Research Facility ground-based cloud radar measurements with climate model output because of limitations or features of the observing processes and the spatial gap between model and the single-point measurements. To facilitate the use of ARM radar data in numerical models, an ARM cloud radar simulator was developed to converts model data into pseudo-ARM cloud radar observations that mimic the instrument view of a narrow atmospheric column (as compared to a large global climate model [GCM] grid-cell), thus allowing meaningful comparison between model output and ARM cloud observations. The ARM cloud radar simulator value-added product (VAP) was developed based on the CloudSat simulator contained in the community satellite simulator package, the Cloud Feedback Model Intercomparison Project (CFMIP) Observation Simulator Package (COSP) (Bodas-Salcedo et al., 2011), which has been widely used in climate model evaluation with satellite data (Klein et al., 2013, Zhang et al., 2010). The essential part of the CloudSat simulator is the QuickBeam radar simulator that is used to produce CloudSat-like radar reflectivity, but is capable of simulating reflectivity for other radars (Marchand et al., 2009; Haynes et al., 2007). Adapting QuickBeam to the ARM cloud radar simulator within COSP required two primary changes: one was to set the frequency to 35 GHz for the ARM Ka-band cloud radar, as opposed to 94 GHz used for the CloudSat W-band radar, and the second was to invert the view from the ground to space so as to attenuate the beam correctly. In addition, the ARM cloud radar simulator uses a finer vertical resolution (100 m compared to 500 m for CloudSat) to resolve the more detailed structure of clouds captured by the ARM radars. The ARM simulator has been developed following the COSP workflow (Figure 1) and using the capabilities available in COSP

  9. Support System Model for Value based Group Decision on Roof System Selection

    Directory of Open Access Journals (Sweden)

    Christiono Utomo

    2011-02-01

    Full Text Available A group decision support system is required on a value-based decision because there are different concern caused by differing preferences, experiences, and background. It is to enable each decision-maker to evaluate and rank the solution alternatives before engaging into negotiation with other decision-makers. Stakeholder of multi-criteria decision making problems usually evaluates the alternative solution from different perspective, making it possible to have a dominant solution among the alternatives. Each stakeholder needs to identify the goals that can be optimized and those that can be compromised in order to reach an agreement with other stakeholders. This paper presents group decision model involving three decision-makers on the selection of suitable system for a building’s roof. The objective of the research is to find an agreement options model and coalition algorithms for multi person decision with two main preferences of value which are function and cost. The methodology combines value analysis method using Function Analysis System Technique (FAST; Life Cycle Cost analysis, group decision analysis method based on Analytical Hierarchy Process (AHP in a satisfying options, and Game theory-based agent system to develop agreement option and coalition formation for the support system. The support system bridges theoretical gap between automated design in construction domain and automated negotiation in information technology domain by providing a structured methodology which can lead to systematic support system and automated negotiation. It will contribute to value management body of knowledge as an advanced method for creativity and analysis phase, since the practice of this knowledge is teamwork based. In the case of roof system selection, it reveals the start of the first negotiation round. Some of the solutions are not an option because no individual stakeholder or coalition of stakeholders desires to select it. The result indicates

  10. Development of a theoretical model for measuring the perceived value of social responsibility of IPEN

    Energy Technology Data Exchange (ETDEWEB)

    Mutarelli, Rita de Cassia; Lima, Ana Cecilia de Souza; Sabundjian, Gaiane, E-mail: rmutarelli@gmail.com, E-mail: aclima@ipen.br, E-mail: gdjian@ipen.br [Instituto de Pesquisas Energeticas e Nucleares (IPEN/CNEN-SP), Sao Paulo, SP (Brazil)

    2015-07-01

    Social responsibility has been one of the great discussions in institutional management, and that is an important variable in the strategy and performance of the institutions. The Instituto de Pesquisas Energeticas e Nucleares (IPEN) has worked for the development of environmental and social issues, converging mainly to the benefit of the population. The theory that guides the social responsibility practices is always difficult to measure for several reasons. One reason for this difficulty is that social responsibility involves a variety of issues that are converted in rights, obligations and expectations of different audiences that could be internal and external to the organization. In addition, the different understanding of the institutions about social and environmental issues is another source of complexity. Based on the study context including: the topic being researched, the chosen institute and the questions resulting from the research, the aim of this paper is to propose a theoretical model to describe and analyze the social responsibility of IPEN. The main contribution of this study is to develop a model that integrates the dimensions of social responsibility. These dimensions - also called constructs - are composed of indexes and indicators that were previously used in various contexts of empirical research, combined with the theoretical and conceptual review of social responsibility. The construction of the proposed theoretical model was based on the research of various methodologies and various indicators for measuring social responsibility. This model was statistically tested, analyzed, adjusted, and the end result is a consistent model to measure the perceived value of social responsibility of IPEN. This work could also be applied to other institutions. Moreover, it may be improved and become a tool that will serve as a thermometer to measure social and environmental issues, and will support decision making in various management processes. (author)

  11. Modeling the distribution of extreme share return in Malaysia using Generalized Extreme Value (GEV) distribution

    Science.gov (United States)

    Hasan, Husna; Radi, Noor Fadhilah Ahmad; Kassim, Suraiya

    2012-05-01

    Extreme share return in Malaysia is studied. The monthly, quarterly, half yearly and yearly maximum returns are fitted to the Generalized Extreme Value (GEV) distribution. The Augmented Dickey Fuller (ADF) and Phillips Perron (PP) tests are performed to test for stationarity, while Mann-Kendall (MK) test is for the presence of monotonic trend. Maximum Likelihood Estimation (MLE) is used to estimate the parameter while L-moments estimate (LMOM) is used to initialize the MLE optimization routine for the stationary model. Likelihood ratio test is performed to determine the best model. Sherman's goodness of fit test is used to assess the quality of convergence of the GEV distribution by these monthly, quarterly, half yearly and yearly maximum. Returns levels are then estimated for prediction and planning purposes. The results show all maximum returns for all selection periods are stationary. The Mann-Kendall test indicates the existence of trend. Thus, we ought to model for non-stationary model too. Model 2, where the location parameter is increasing with time is the best for all selection intervals. Sherman's goodness of fit test shows that monthly, quarterly, half yearly and yearly maximum converge to the GEV distribution. From the results, it seems reasonable to conclude that yearly maximum is better for the convergence to the GEV distribution especially if longer records are available. Return level estimates, which is the return level (in this study return amount) that is expected to be exceeded, an average, once every t time periods starts to appear in the confidence interval of T = 50 for quarterly, half yearly and yearly maximum.

  12. Development of a theoretical model for measuring the perceived value of social responsibility of IPEN

    International Nuclear Information System (INIS)

    Mutarelli, Rita de Cassia; Lima, Ana Cecilia de Souza; Sabundjian, Gaiane

    2015-01-01

    Social responsibility has been one of the great discussions in institutional management, and that is an important variable in the strategy and performance of the institutions. The Instituto de Pesquisas Energeticas e Nucleares (IPEN) has worked for the development of environmental and social issues, converging mainly to the benefit of the population. The theory that guides the social responsibility practices is always difficult to measure for several reasons. One reason for this difficulty is that social responsibility involves a variety of issues that are converted in rights, obligations and expectations of different audiences that could be internal and external to the organization. In addition, the different understanding of the institutions about social and environmental issues is another source of complexity. Based on the study context including: the topic being researched, the chosen institute and the questions resulting from the research, the aim of this paper is to propose a theoretical model to describe and analyze the social responsibility of IPEN. The main contribution of this study is to develop a model that integrates the dimensions of social responsibility. These dimensions - also called constructs - are composed of indexes and indicators that were previously used in various contexts of empirical research, combined with the theoretical and conceptual review of social responsibility. The construction of the proposed theoretical model was based on the research of various methodologies and various indicators for measuring social responsibility. This model was statistically tested, analyzed, adjusted, and the end result is a consistent model to measure the perceived value of social responsibility of IPEN. This work could also be applied to other institutions. Moreover, it may be improved and become a tool that will serve as a thermometer to measure social and environmental issues, and will support decision making in various management processes. (author)

  13. METHOD OF GREEN FUNCTIONS IN MATHEMATICAL MODELLING FOR TWO-POINT BOUNDARY-VALUE PROBLEMS

    Directory of Open Access Journals (Sweden)

    E. V. Dikareva

    2015-01-01

    Full Text Available Summary. In many applied problems of control, optimization, system theory, theoretical and construction mechanics, for problems with strings and nods structures, oscillation theory, theory of elasticity and plasticity, mechanical problems connected with fracture dynamics and shock waves, the main instrument for study these problems is a theory of high order ordinary differential equations. This methodology is also applied for studying mathematical models in graph theory with different partitioning based on differential equations. Such equations are used for theoretical foundation of mathematical models but also for constructing numerical methods and computer algorithms. These models are studied with use of Green function method. In the paper first necessary theoretical information is included on Green function method for multi point boundary-value problems. The main equation is discussed, notions of multi-point boundary conditions, boundary functionals, degenerate and non-degenerate problems, fundamental matrix of solutions are introduced. In the main part the problem to study is formulated in terms of shocks and deformations in boundary conditions. After that the main results are formulated. In theorem 1 conditions for existence and uniqueness of solutions are proved. In theorem 2 conditions are proved for strict positivity and equal measureness for a pair of solutions. In theorem 3 existence and estimates are proved for the least eigenvalue, spectral properties and positivity of eigenfunctions. In theorem 4 the weighted positivity is proved for the Green function. Some possible applications are considered for a signal theory and transmutation operators.

  14. Physical Dating Violence: the potential understating value of a bi-factorial model

    Directory of Open Access Journals (Sweden)

    Carmen Viejo

    2014-01-01

    Full Text Available National and international studies have pointed out Conflict Tactics Scale (CTS, Straus, 1979, 1996 as one of the most widely used measures for assessing the strategies used in situations of conflict within young couples. Nevertheless, there is not any conclusive result about its structure. Especially the physical dating violence scale has undergone several structural analyses providing monofactorial and bifactorial structures. The aim of this study was focusing on the validation of structural models using confirmatory factorial analysis (CFA of CTS within adolescent couples, considering the differences between boys and girls and between aggressors and victims. 3258 adolescents, aged 15-21, were selected using a stratified random sample and interviewed using an adaptation of the CTS questionnaire. The results pointed out that it is not possible to identify a single model fit, but boys and girls, aggressor and victims, have the same pattern: a bifactorial model which establishes different but correlated moderate aggressive behaviors and severe aggressive behaviors. These results are discussed in terms of the potential value of this two factor structure for understanding the phenomenon.

  15. Convergence of Extreme Value Statistics in a Two-Layer Quasi-Geostrophic Atmospheric Model

    Directory of Open Access Journals (Sweden)

    Vera Melinda Gálfi

    2017-01-01

    Full Text Available We search for the signature of universal properties of extreme events, theoretically predicted for Axiom A flows, in a chaotic and high-dimensional dynamical system. We study the convergence of GEV (Generalized Extreme Value and GP (Generalized Pareto shape parameter estimates to the theoretical value, which is expressed in terms of the partial information dimensions of the attractor. We consider a two-layer quasi-geostrophic atmospheric model of the mid-latitudes, adopt two levels of forcing, and analyse the extremes of different types of physical observables (local energy, zonally averaged energy, and globally averaged energy. We find good agreement in the shape parameter estimates with the theory only in the case of more intense forcing, corresponding to a strong chaotic behaviour, for some observables (the local energy at every latitude. Due to the limited (though very large data size and to the presence of serial correlations, it is difficult to obtain robust statistics of extremes in the case of the other observables. In the case of weak forcing, which leads to weaker chaotic conditions with regime behaviour, we find, unsurprisingly, worse agreement with the theory developed for Axiom A flows.

  16. ETHICAL MODELS OF PHYSICIAN--PATIENT RELATIONSHIP REVISITED WITH REGARD TO PATIENT AUTONOMY, VALUES AND PATIENT EDUCATION.

    Science.gov (United States)

    Borza, Liana Rada; Gavrilovici, Cristina; Stockman, René

    2015-01-01

    The present paper revisits the ethical models of patient--physician relationship from the perspective of patient autonomy and values. It seems that the four traditional models of physician--patient relationship proposed by Emanuel & Emanuel in 1992 closely link patient values and patient autonomy. On the other hand, their reinterpretation provided by Agarwal & Murinson twenty years later emphasizes the independent expression of values and autonomy in individual patients. Additionally, patient education has been assumed to join patient values and patient autonomy. Moreover, several authors have noted that, over the past few decades, patient autonomy has gradually replaced the paternalistic approach based on the premise that the physician knows what is best for the patient. Neither the paternalistic model of physician-patient relationship, nor the informative model is considered to be satisfactory, as the paternalistic model excludes patient values from decision making, while the informative model excludes physician values from decision making. However, the deliberative model of patient-physician interaction represents an adequate alternative to the two unsatisfactory approaches by promoting shared decision making between the physician and the patient. It has also been suggested that the deliberative model would be ideal for exercising patient autonomy in chronic care and that the ethical role of patient education would be to make the deliberative model applicable to chronic care. In this regard, studies have indicated that the use of decision support interventions might increase the deliberative capacity of chronic patients.

  17. Emerging Media Crisis Value Model: A Comparison of Relevant, Timely Message Strategies for Emergency Events

    Directory of Open Access Journals (Sweden)

    Sabrina Page

    2013-01-01

    Full Text Available Communication during an emergency or crisis event is essential for emergency responders, the community involved, and those watching on television as well as receiving information via social media from family members, friends or other community members. The evolution of communication during an emergency/crisis event now includes utilizing social media. To better understand this evolution the Emerging Media Crisis Value Model (EMCVM is used in comparing two emergency events; Hurricane Irene (2011, a natural disaster, and the theater shooting in Aurora, Colorado (2012, a man-made crisis. The EMCVM provides a foundation for future studies focusing on the use of social media, emergency responders at the local, state and national levels are better prepared to educate a community thus, counteracting public uncertainty, fear, while providing timely, accurate information.

  18. Partner Selection in a Virtual Enterprise: A Group Multiattribute Decision Model with Weighted Possibilistic Mean Values

    Directory of Open Access Journals (Sweden)

    Fei Ye

    2013-01-01

    Full Text Available This paper proposes an extended technique for order preference by similarity to ideal solution (TOPSIS for partner selection in a virtual enterprise (VE. The imprecise and fuzzy information of the partner candidate and the risk preferences of decision makers are both considered in the group multiattribute decision-making model. The weighted possibilistic mean values are used to handle triangular fuzzy numbers in the fuzzy environment. A ranking procedure for partner candidates is developed to help decision makers with varying risk preferences select the most suitable partners. Numerical examples are presented to reflect the feasibility and efficiency of the proposed TOPSIS. Results show that the varying risk preferences of decision makers play a significant role in the partner selection process in VE under a fuzzy environment.

  19. Electricity investments and nuclear development: investment choice modeling based on value creation

    International Nuclear Information System (INIS)

    Tehrani, B.S.; Bocquer, J.C.; Tomoda, T.

    2014-01-01

    While nuclear power may experience a technological breakthrough in Europe with Generation IV nuclear reactors within 2040, several events could question this possibility such as the Fukushima accident, the climate issues and the electricity market liberalization. This paper aims at analyzing investment choices in power generation capacities in the European scope, using simple DSM-inspired approaches. The power company and interacting stake holders in the investment choice process are considered as a complex system, and dependencies between investment drivers associated with each stake holder are studied. Focusing on the value for the power company, the compatibility of each power company with each of considered technologies is assessed through a Domain Mapping Matrix, including not only technical drivers, but also associated policy and market drivers. Technology preferences are modeled for main European companies in a set of scenarios, these preferences being then used to explore trends in generation mix. (authors)

  20. Value Creation in the Internet of Things: Mapping Business Models and Ecosystem Roles

    Directory of Open Access Journals (Sweden)

    Heini Ikävalko

    2018-03-01

    Full Text Available The increasing connectivity provided by the Internet of Things (IoT supports novel business opportunities for actors in overlapping service systems. Therefore, the co-creative nature of IoT business needs to be further studied. This article reports an empirical study on a European IoT initiative. It contributes to the understudied area of IoT ecosystem dynamics by describing different actor roles and activities in the IoT use cases, and their implications for value creation in IoT ecosystems. Our findings show how IoT ecosystem actors may take the roles of ideator, designer, or intermediary in different IoT design layers, and we recommend this perspective to better understand and describe ecosystem business models. We also discuss the theoretical and managerial implications of our findings.

  1. Value-Focused Thinking Model to Evaluate SHM System Alternatives From Military end User Requirements Point of View

    Directory of Open Access Journals (Sweden)

    Klimaszewski Sławomir

    2016-12-01

    Full Text Available The article describes Value-Focused Thinking (VFT model developed in order to evaluate various alternatives for implementation of Structural Health Monitoring (SHM system on a military aircraft. Four SHM system alternatives are considered based on: visual inspection (current approach, piezoelectric (PZT sensors, Fiber Bragg Grating (FBG sensors and Comparative Vacuum Monitoring (CVM sensors. A numerical example is shown to illustrate the model capability. Sensitivity analyses are performed on values such as Cost, Performance, Aircraft Availability and Technology Readiness Level in order to examine influence of these values on overall value of structural state of awareness provided by particular SHM system alternative.

  2. A novel complex model of hemodialysis adequacy: Predictive value and relationship with malnutrition inflammation score

    Directory of Open Access Journals (Sweden)

    Vlatković Vlastimir

    2017-01-01

    Full Text Available Target dialysis dose to ensure the best patient outcome is still a matter of debate. Traditional models have a number of limitations and do not comprehensively reflect all factors involved. In this study we present a new complex model of dialysis adequacy, the hemodialysis adequacy score (HAS, and evaluate its prognostic value, as well as its relationship with the malnutrition-inflammation score (MIS. The components of HAS included paradigms of the 6 major factors known to influence the outcome of hemodialysis (HD patients: the modified Karnofsky index (KI, the Charlson comorbidity index (CCI, Kt/V and URR measures of dialysis dose, body mass index (BMI and serum albumin level, serum levels of hemoglobin and ferritin, intact parathyroid hormone (iPTH and calciumphosphorus solubility product. The score was evaluated in a 24-month prospective study on 147 HD patients. Odds ratio analysis showed that hospitalized patients had twice the chance to have HAS >13 compared to those who were not hospitalized during the study period (OR=2.152, CI 95% (1.0024- 4.619. Mortality rate was significantly higher in patients with a HAS >13 at the 12-month follow-up (χ2=16.416, p 13 had significantly higher probability of death (log-rank Cox- Mantel=17.920, df=1, p <0.00023. The HAS directly and significantly correlated with the MIS at all measurements (p <0.0001. Results confirmed that the HAS is a useful tool to assess dialysis adequacy with a good prognostic value. The cutoff level for the HAS at 13 points was associated with an unfavorable outcome.

  3. Greenhouse crop residues: Energy potential and models for the prediction of their higher heating value

    Energy Technology Data Exchange (ETDEWEB)

    Callejon-Ferre, A.J.; Lopez-Martinez, J.A.; Manzano-Agugliaro, F. [Departamento de Ingenieria Rural, Universidad de Almeria, Ctra. Sacramento s/n, La Canada de San Urbano, 04120 Almeria (Spain); Velazquez-Marti, B. [Departamento de Ingenieria Rural y Agroalimentaria, Universidad Politecnica de Valencia, Camino de Vera s/n, 46022 Valencia (Spain)

    2011-02-15

    Almeria, in southeastern Spain, generates some 1,086,261 t year{sup -1} (fresh weight) of greenhouse crop (Cucurbita pepo L., Cucumis sativus L., Solanum melongena L., Solanum lycopersicum L., Phaseoulus vulgaris L., Capsicum annuum L., Citrillus vulgaris Schrad. and Cucumis melo L.) residues. The energy potential of this biomass is unclear. The aim of the present work was to accurately quantify this variable, differentiating between crop species while taking into consideration the area they each occupy. This, however, required the direct analysis of the higher heating value (HHV) of these residues, involving very expensive and therefore not commonly available equipment. Thus, a further aim was to develop models for predicting the HHV of these residues, taking into account variables measured by elemental and/or proximate analysis, thus providing an economically attractive alternative to direct analysis. All the analyses in this work involved the use of worldwide-recognised standards and methods. The total energy potential for these plant residues, as determined by direct analysis, was 1,003,497.49 MW h year{sup -1}. Twenty univariate and multivariate equations were developed to predict the HHV. The R{sup 2} and adjusted R{sup 2} values obtained for the univariate and multivariate models were 0.909 and 0.946 or above respectively. In all cases, the mean absolute percentage error varied between 0.344 and 2.533. These results show that any of these 20 equations could be used to accurately predict the HHV of crop residues. The residues produced by the Almeria greenhouse industry would appear to be an interesting source of renewable energy. (author)

  4. Risk model for suspected acute coronary syndrome is of limited value in an emergency department.

    Science.gov (United States)

    Mogensen, Christian Backer; Christiansen, Maja; Jørgensen, Jess Bjerre; Staehr, Peter Bisgaard

    2015-10-01

    Among patients with acute chest pain, acute coronary syndrome (ACS) is seen only in a minority of the patients, which raises the question, whether it is possible to separate a group with a high risk of ACS for admission to a cardiac care unit (CCU) from those with a low risk who would be treated at an emergency department (ED). The aim of this study was to describe a risk stratification model for a Danish context. This was a historic prospective cohort study of patients with suspicion of ACS. The patient was defined as a low-risk patient and admitted to the ED if: 1) electrocardiogram (ECG) was normal, 2) the patient did not have persisting chest pain and 3) there was no history of ischaemic heart disease, heart failure or cardioverter defibrillator. Otherwise, patients were admitted to the CCU. The primary outcome was whether the ACS diagnosis was confirmed or rejected. We included a total of 488 patients with suspicion of ACS, 50% of whom were low-risk patients. 17% had a verified ACS; 10% of those in the low-risk group and 24% of those in the high-risk group (p = 0.0001). Among the verified ACS cases, 71% went primarily to the CCU. The odds ratio for an ACS if assigned to the high-risk group was 3.0. Allocation to the high-risk group, male gender and age above 60 years was associated with a higher risk of ACS. For patients fulfilling the high-risk definition, sensitivity was 71%, specificity 55%, negative predictive value 90% and positive predictive value 24% for an ACS. The model for stratification separated patients into two equal groups, allocated 71% of all ACS directly to the CCU and could not be improved by any of the additional factors examined. Further development of referral strategies for chest pain patients is required. none. not relevant.

  5. What Is the Predictive Value of Animal Models for Vaccine Efficacy in Humans? Consideration of Strategies to Improve the Value of Animal Models.

    Science.gov (United States)

    Herati, Ramin Sedaghat; Wherry, E John

    2018-04-02

    Animal models are an essential feature of the vaccine design toolkit. Although animal models have been invaluable in delineating the mechanisms of immune function, their precision in predicting how well specific vaccines work in humans is often suboptimal. There are, of course, many obvious species differences that may limit animal models from predicting all details of how a vaccine works in humans. However, careful consideration of which animal models may have limitations should also allow more accurate interpretations of animal model data and more accurate predictions of what is to be expected in clinical trials. In this article, we examine some of the considerations that might be relevant to cross-species extrapolation of vaccine-related immune responses for the prediction of how vaccines will perform in humans. Copyright © 2018 Cold Spring Harbor Laboratory Press; all rights reserved.

  6. Registered dietitian nutritionists bring value to emerging health care delivery models.

    Science.gov (United States)

    Jortberg, Bonnie T; Fleming, Michael O

    2014-12-01

    Health care in the United States is the most expensive in the world; however, most citizens do not receive quality care that is comprehensive and coordinated. To address this gap, the Institute for Healthcare Improvement developed the Triple Aim (ie, improving population health, improving the patient experience, and reducing costs), which has been adopted by patient-centered medical homes and accountable care organizations. The patient-centered medical home and other population health models focus on improving the care for all people, particularly those with multiple morbidities. The Joint Principles of the Patient-Centered Medical Home, developed by the major primary care physician organizations in 2007, recognizes the key role of the multidisciplinary team in meeting the challenge of caring for these individuals. Registered dietitian nutritionists (RDNs) bring value to this multidisciplinary team by providing care coordination, evidence-based care, and quality-improvement leadership. RDNs have demonstrated efficacy for improvements in outcomes for patients with a wide variety of medical conditions. Primary care physicians, as well as several patient-centered medical home and population health demonstration projects, have reported the benefits of RDNs as part of the integrated primary care team. One of the most significant barriers to integrating RDNs into primary care has been an insufficient reimbursement model. Newer innovative payment models provide the opportunity to overcome this barrier. In order to achieve this integration, the Academy of Nutrition and Dietetics and RDNs must fully understand and embrace the opportunities and challenges that the new health care delivery and payment models present, and be prepared and empowered to lead the necessary changes. All stakeholders within the health care system need to more fully recognize and embrace the value and multidimensional role of the RDN on the multidisciplinary team. The Academy's Patient

  7. Model of Religious Study and Moral Values in TK Putra Harapan Nalumsari Jepara

    Directory of Open Access Journals (Sweden)

    Mubasyaroh Mubasyaroh

    2016-12-01

    Full Text Available Religious and moral education from an early age so needs to be invested for the child, so that in the future they will have a strong and deep understanding of the norms and teachings of Islam. Age children early childhood and kindergarten (TK is a time to play, so education is implemented particularly religious education should be designed properly by the teacher so that the education process into an active and fun activities. Kindergarten (TK Putra Harapan Nalumsari Jepara is one of the educational institutions that provide education for early childhood, with one lesson material is a moral and religious education. Moral education is one of the materials is very important because in load values, morals and religion, so this will be a guide for students in later life. The research method used is descriptive qualitative research to describe in detail the subjects and issues to be studied. The findings in this study is the cultivation of religious values and morals for children Kindergarten revolves around the activities of daily life. In particular cultivation of religious values with laying the foundations of the faith, personality or character that is commendable and devotional practices, in accordance with the child's ability is implemented. As one of the early childhood education institutions, in conducting the study, have several models of delivery Edutainment, habituation and uswah hasanah as a reference implementation of teaching and learning. Pendidikan agama dan moral sejak usia dini perlu ditanamkan bagi anak, sehingga di masa depan mereka akan memiliki pemahaman yang kuat dan mendalam dari norma-norma dan ajaran Islam. Usia anak-anak usia dini dan taman kanak-kanak (TK adalah waktu untuk bermain, sehingga pendidikan diimplementasikan khususnya pendidikan agama harus dirancang dengan baik oleh guru sehingga proses pendidikan menjadi kegiatan yang aktif dan menyenangkan. TK (TK Putra Harapan Nalumsari Jepara merupakan salah satu lembaga

  8. Reservoir age variations and stable isotope values of bulk sediment in a core from the Limfjord, Denmark

    DEFF Research Database (Denmark)

    Philippsen, Bente; Olsen, Jesper; Rasmussen, Peter

    The Limfjord is a sound in Northern Jutland, Denmark, connecting the North Sea with the Kattegat. A multi-proxy approach has been applied to a sediment core from Kilen, a former fjord arm near the town of Struer, to reveal the Limfjord’s development in more detail. In this paper, we concentrate...... on radiocarbon dating of shells and on stable isotope measurements of bulk sediment from 7400 to 1300 cal BP. Reservoir ages in coastal waters and estuaries can differ considerably from the global model ocean. The seas around Denmark have a reservoir age of c. 400 years, while a hardwater effect of a few...... of organic matter can thus be estimated. The d13C and C/N inferred salinity can be related to changes in Delta-R and other palaeoenvironmental proxies. An increasing marine influence throughout the largest part of the core is followed by large variations around 2000 cal BP....

  9. The dynamic and indirect spatial effects of neighborhood conditions on land value, spatial panel dynamic econometrics model

    Science.gov (United States)

    Fitriani, Rahma; Sumarminingsih, Eni; Astutik, Suci

    2017-05-01

    Land value is the product of past decision of its use leading to its value, as well as the value of the surrounded land. It is also affected by the local characteristic and the spillover development demand of the previous time period. The effect of each factor on land value will have dynamic and spatial virtues. Thus, a spatial panel dynamic model is used to estimate the particular effects. The model will be useful for predicting the future land value or the effect of implemented policy on land value. The objective of this paper is to derive the dynamic and indirect spatial marginal effects of the land characteristic and the spillover development demand on land value. Each effect is the partial derivative of the expected land value based on the spatial dynamic model with respect to each variable, by considering different time period and different location. The results indicate that the instant change of local or neighborhood characteristics on land value affect the local and the immediate neighborhood land value. However, the longer the change take place, the effect will spread further, not only on the immediate neighborhood.

  10. Lignocellulosic biorefinery as a model for sustainable development of biofuels and value added products.

    Science.gov (United States)

    De Bhowmick, Goldy; Sarmah, Ajit K; Sen, Ramkrishna

    2018-01-01

    A constant shift of society's dependence from petroleum-based energy resources towards renewable biomass-based has been the key to tackle the greenhouse gas emissions. Effective use of biomass feedstock, particularly lignocellulosic, has gained worldwide attention lately. Lignocellulosic biomass as a potent bioresource, however, cannot be a sustainable alternative if the production cost is too high and/ or the availability is limited. Recycling the lignocellulosic biomass from various sources into value added products such as bio-oil, biochar or other biobased chemicals in a bio-refinery model is a sensible idea. Combination of integrated conversion techniques along with process integration is suggested as a sustainable approach. Introducing 'series concept' accompanying intermittent dark/photo fermentation with co-cultivation of microalgae is conceptualised. While the cost of downstream processing for a single type of feedstock would be high, combining different feedstocks and integrating them in a bio-refinery model would lessen the production cost and reduce CO 2 emission. Copyright © 2017 Elsevier Ltd. All rights reserved.

  11. A model for cooperative inter-municipal separate waste collection: an application of the Shapley value

    International Nuclear Information System (INIS)

    Bevilacqua, V.; Intini, F.; Kuhtz, S.

    2008-01-01

    In this work we have carried out a study in order to estimate and allocate the costs related to separate waste collection in an inter-municipal area located in the province of Bari (Italy). This analysis promotes the cooperation among municipalities to manage, in an optimal way, the waste collection service. Indeed, according to Italian laws, the municipalities are responsible for organizing the management of municipal waste in accordance with principles of transparency, efficiency, effectiveness and inexpensiveness. For this reason we have built a model of separate waste collection management, highlighting the different cost functions. The total cost of the service has been divided among the individual municipalities using the theory of cooperative games, stressing that local authorities are not interested in paying off more than they would pay if they organized independently. To achieve this goal, we have created a model of aggregation of quantitative information on equipment and specialized personnel (and their costs). The problem of the cost allocation is interpreted as an example of transferable utility games and it is resolved with the technique of Shapley values that are included in the nucleolus of the inter-municipal game. Therefore it is more cost-effective to entrust a single operator with the waste collection for each area or sub domain in order not to double service costs. This work on waste management can integrate the studies and applications of the theory of cooperative games in the environmental field. [it

  12. Estimating the ratios of the stationary distribution values for Markov chains modeling evolutionary algorithms.

    Science.gov (United States)

    Mitavskiy, Boris; Cannings, Chris

    2009-01-01

    The evolutionary algorithm stochastic process is well-known to be Markovian. These have been under investigation in much of the theoretical evolutionary computing research. When the mutation rate is positive, the Markov chain modeling of an evolutionary algorithm is irreducible and, therefore, has a unique stationary distribution. Rather little is known about the stationary distribution. In fact, the only quantitative facts established so far tell us that the stationary distributions of Markov chains modeling evolutionary algorithms concentrate on uniform populations (i.e., those populations consisting of a repeated copy of the same individual). At the same time, knowing the stationary distribution may provide some information about the expected time it takes for the algorithm to reach a certain solution, assessment of the biases due to recombination and selection, and is of importance in population genetics to assess what is called a "genetic load" (see the introduction for more details). In the recent joint works of the first author, some bounds have been established on the rates at which the stationary distribution concentrates on the uniform populations. The primary tool used in these papers is the "quotient construction" method. It turns out that the quotient construction method can be exploited to derive much more informative bounds on ratios of the stationary distribution values of various subsets of the state space. In fact, some of the bounds obtained in the current work are expressed in terms of the parameters involved in all the three main stages of an evolutionary algorithm: namely, selection, recombination, and mutation.

  13. Problems for superstring models with vacuum expectation values for conjugate sneutrinos

    International Nuclear Information System (INIS)

    Campbell, B.; Ellis, J.; Gaillard, M.K.; Nanopoulos, D.V.; Olive, K.A.

    1986-01-01

    Superstring models compactified on Calabi-Yau manifolds contain two new neutral scalars in each 27 generation of chiral supermultiplets. We consider implications of a vacuum expectation value for one of the neutral scalars, the conjugates neutrino ν tilde L c : L c vertical stroke0>=y. Apart from a coupling which generates a Dirac neutrino mass and which must be small [ -9 )], its only superpotential interaction is with D L d L , so there wold be D-d mixing if y≠0. The fact that m d is not much less than m e or m u then tells us that y ν , arises if y≠0, and the D-d mixing would then induce the decay K→π+a ν at an unacceptable rate. Regardless of the gauge group rank, we show that the combined constraints on D-d mixing, and on the flavour-changing neutral currents it would induce, are sufficient to rule out D L d L c ν L c superpotential coupling large enough to produce L c vertical stroke0>≠0. These problems are avoided in models with a rank-5 gauge group and L c vertical stroke0>< or approx.40 KeV. (orig.)

  14. Is there value in retrospective 90-day bundle payment models for shoulder arthroplasty procedures?

    Science.gov (United States)

    Odum, Susan M; Hamid, Nady; Van Doren, Bryce A; Spector, Leo R

    2018-05-01

    The Centers for Medicare & Medicaid Services Bundled Payments for Care Improvement (BPCI) initiative was implemented as part of the Affordable Care Act. We implemented a retrospective payment model 2 for a 90-day total shoulder arthroplasty (TSA) episode to assess the value of TSA BPCI at our private practice. Expenditures and postacute event rates of 132 fee-for-service (FFS) patients who underwent a TSA operation between 2009 and 2012 were compared with 333 BPCI patients who had a TSA operation in 2015. The 90-day postacute events included an inpatient rehabilitation facility (IRF), skilled nursing facility (SNF), and home health (HH) admissions and readmissions. Expenditures were converted to 2016 dollars using the Consumer Price Index. Wilcoxon tests and multivariate generalized estimating equation were used to assess independent cost-drivers. The median FFS expenditure was $21,157 (interquartile range, $16,894-$30,748) compared with $17,894 (interquartile range, $15,796-$20,894) for BPCI (P model, we found BPCI had a 4% decrease in expenditures (P = .08). All postacute events were independently associated with higher expenditures. Our private practice implemented cost-containment practices, including clinical guidelines, patient navigators, and a BPCI management team. IRF and SNF utilization and the 90-day readmission rate significantly decreased. As a result, we were able to control the postacute spending, which resulted in decreased costs of performing TSA surgery. Copyright © 2017 Journal of Shoulder and Elbow Surgery Board of Trustees. Published by Elsevier Inc. All rights reserved.

  15. Goals and Values in School: A Model Developed for Describing, Evaluating and Changing the Social Climate of Learning Environments

    Science.gov (United States)

    Allodi, Mara Westling

    2010-01-01

    This paper defines a broad model of the psychosocial climate in educational settings. The model was developed from a general theory of learning environments, on a theory of human values and on empirical studies of children's evaluations of their schools. The contents of the model are creativity, stimulation, achievement, self-efficacy, creativity,…

  16. Investigating added value of regional climate modeling in North American winter storm track simulations

    Science.gov (United States)

    Poan, E. D.; Gachon, P.; Laprise, R.; Aider, R.; Dueymes, G.

    2018-03-01

    Extratropical Cyclone (EC) characteristics depend on a combination of large-scale factors and regional processes. However, the latter are considered to be poorly represented in global climate models (GCMs), partly because their resolution is too coarse. This paper describes a framework using possibilities given by regional climate models (RCMs) to gain insight into storm activity during winter over North America (NA). Recent past climate period (1981-2005) is considered to assess EC activity over NA using the NCEP regional reanalysis (NARR) as a reference, along with the European reanalysis ERA-Interim (ERAI) and two CMIP5 GCMs used to drive the Canadian Regional Climate Model—version 5 (CRCM5) and the corresponding regional-scale simulations. While ERAI and GCM simulations show basic agreement with NARR in terms of climatological storm track patterns, detailed bias analyses show that, on the one hand, ERAI presents statistically significant positive biases in terms of EC genesis and therefore occurrence while capturing their intensity fairly well. On the other hand, GCMs present large negative intensity biases in the overall NA domain and particularly over NA eastern coast. In addition, storm occurrence over the northwestern topographic regions is highly overestimated. When the CRCM5 is driven by ERAI, no significant skill deterioration arises and, more importantly, all storm characteristics near areas with marked relief and over regions with large water masses are significantly improved with respect to ERAI. Conversely, in GCM-driven simulations, the added value contributed by CRCM5 is less prominent and systematic, except over western NA areas with high topography and over the Western Atlantic coastlines where the most frequent and intense ECs are located. Despite this significant added-value on seasonal-mean characteristics, a caveat is raised on the RCM ability to handle storm temporal `seriality', as a measure of their temporal variability at a given

  17. Parameter values for epidemiological models of foot-and-mouth disease in swine

    Directory of Open Access Journals (Sweden)

    Amy C Kinsley

    2016-06-01

    Full Text Available In the event of a foot-and-mouth disease (FMD incursion, response strategies are required to control, contain and eradicate the pathogen as efficiently as possible. Infectious disease simulation models are widely used tools that mimic disease dispersion in a population and that can be useful in the design and support of prevention and mitigation activities. However, there are often gaps in evidence-based research to supply models with quantities that are necessary to accurately reflect the system of interest. The objective of this study was to quantify values associated with the duration of the stages of FMD infection (latent period, subclinical period, incubation period, and duration of infection, probability of transmission (within-herd and between-herd via spatial spread, and diagnosis of a vesicular disease within a herd using a meta-analysis of the peer-reviewed literature and expert opinion. The latent period ranged from 1 to 7 days and incubation period ranged from 1 to 9 day; both were influenced by strain. In contrast, the subclinical period ranged from 0 to 6 days and was influenced by sampling method only. The duration of infection ranged from 1 to 10 days. The probability of spatial spread between an infected and fully susceptible swine farm was estimated as greatest within 5 km of the infected farm, highlighting the importance of possible long-range transmission through the movement of infected animals. Lastly, while most swine practitioners are confident in their ability to detect a vesicular disease in an average sized swine herd, a small proportion expect that up to half of the herd would need to show clinical signs before detection via passive surveillance would occur. The results of this study will be useful in within- and between-herd simulation models to develop efficient response strategies in the event an FMD in swine populations of disease-free countries or regions.

  18. Choosing algorithms for TB screening: a modelling study to compare yield, predictive value and diagnostic burden.

    Science.gov (United States)

    Van't Hoog, Anna H; Onozaki, Ikushi; Lonnroth, Knut

    2014-10-19

    To inform the choice of an appropriate screening and diagnostic algorithm for tuberculosis (TB) screening initiatives in different epidemiological settings, we compare algorithms composed of currently available methods. Of twelve algorithms composed of screening for symptoms (prolonged cough or any TB symptom) and/or chest radiography abnormalities, and either sputum-smear microscopy (SSM) or Xpert MTB/RIF (XP) as confirmatory test we model algorithm outcomes and summarize the yield, number needed to screen (NNS) and positive predictive value (PPV) for different levels of TB prevalence. Screening for prolonged cough has low yield, 22% if confirmatory testing is by SSM and 32% if XP, and a high NNS, exceeding 1000 if TB prevalence is ≤0.5%. Due to low specificity the PPV of screening for any TB symptom followed by SSM is less than 50%, even if TB prevalence is 2%. CXR screening for TB abnormalities followed by XP has the highest case detection (87%) and lowest NNS, but is resource intensive. CXR as a second screen for symptom screen positives improves efficiency. The ideal algorithm does not exist. The choice will be setting specific, for which this study provides guidance. Generally an algorithm composed of CXR screening followed by confirmatory testing with XP can achieve the lowest NNS and highest PPV, and is the least amenable to setting-specific variation. However resource requirements for tests and equipment may be prohibitive in some settings and a reason to opt for symptom screening and SSM. To better inform disease control programs we need empirical data to confirm the modeled yield, cost-effectiveness studies, transmission models and a better screening test.

  19. Advancing a Distributive-Bargaining and Integrative-Negotiation Integral System: A Values-Based Negotiation Model (VBM)

    OpenAIRE

    Ivan Gan

    2017-01-01

    The proposed values-based negotiation model (VBM) agrees with and extends principled negotiation’s recognition of personal values and emotions as important negotiation elements. First, building upon Martin Buber’s existentialist treatment of religion and secularism, VBM centers on religion as one of many possible sources of personal values that informs respectful and mutually beneficial interactions without needing one to necessarily be religious. Just as one need not be a Buddhist or a Hindu...

  20. A study on value assessment of nuclear energy and quantification model development

    International Nuclear Information System (INIS)

    Jun, Eun Ju

    2009-02-01

    Willingness To Pay (WTP) for nuclear energy from face-to-face interviews. The WTP results increased from 0.710 won/kWh to 1.199 won/kWh, and the total social cost of nuclear power was calculated to be 105-175 billion won/year. To quantify the energy security cost, a new approach was developed using Herfindahl-Hirchmann Index. The total cost of energy security, which integrates the cost of supply and economic security for different energy sources under different supply disruption periods, was derived from this model. It was found that the most secure energy source is nuclear, followed by coal, oil, and LNG. Its value was calculated to be 1.671 won/kWh for both 6 months and one year, and 30.927 won/kWh for two years. In contrast, LNG has the highest security cost (200.962 won/kWh for 6 months and 204.421 won/kWh for one year) due to its large economic cost of security (125.874 won /kWh). The latter stems from its high price volatility and fuel price portion. Although oil has the highest cost of supply security (130.410 won/kWh), the cost of economic security for LNG is much higher and it compensates the cost of supply security of oil. Consideration of the different security costs of different energy sources leads to the following result: it is recommendable for Korea to depend more on nuclear energy and coal and less on LNG and oil for its energy strategy

  1. Teaching about Values and Goals: Applications of the Circumplex Model to Motivation, Well-Being, and Prosocial Behavior

    Science.gov (United States)

    Kasser, Tim

    2014-01-01

    In this article, I review how people organize values and goals in their minds and I suggest teaching demonstrations, exercises, and assignments to help students learn this material. I pay special attention to circumplex models, which represent the extent of conflict or compatibility between values and goals, and to the well-researched distinction…

  2. Expectation values of local fields for a two-parameter family of integrable models and related perturbed conformal field theories

    International Nuclear Information System (INIS)

    Baseilhac, P.; Fateev, V.A.

    1998-01-01

    We calculate the vacuum expectation values of local fields for the two-parameter family of integrable field theories introduced and studied by Fateev (1996). Using this result we propose an explicit expression for the vacuum expectation values of local operators in parafermionic sine-Gordon models and in integrable perturbed SU(2) coset conformal field theories. (orig.)

  3. Understanding Students' Motivation in Sport and Physical Education: From the Expectancy-Value Model and Self-Efficacy Theory Perspectives

    Science.gov (United States)

    Gao, Zan; Lee, Amelia M.; Harrison, Louis, Jr.

    2008-01-01

    In this article, the roles of individuals' expectancy beliefs and incentives (i.e., task value, outcome expectancy) in sport and physical education are examined from expectancy-value model and self-efficacy theory perspectives. Overviews of the two theoretical frameworks and the conceptual and measurement issues are provided, followed by a review…

  4. A Value Focused Thinking Model for the Development and Selection of Electrical Energy Source Alternatives at Military Installations

    National Research Council Canada - National Science Library

    Schanding, Gregory

    2004-01-01

    .... This thesis presents a Value Focused Thinking approach to the development of a decision analysis model to assist a decision maker at a military installation in the generation and selection of back...

  5. Mathematical model of the rating and weighted wholesale value of enriched anthracite. [Effects of winning, preparation and transport on lump size and threefore value

    Energy Technology Data Exchange (ETDEWEB)

    Malets, A L; Tikhomirov, A G

    1977-01-01

    A method is developed for the numerical determination of the fragmentation of anthracite at the working face and during its movement through an enrichment plant on the wholesale value of the cost. The mathematical model takes into consideration the basic factors affecting the dust content (rating criteria) in the grade coal: type of mining machine, amount of coal remaining after passage of the mining machine, coal strength, length and means of transport of the coal to the surface, granulometric composition of the coal, and the fragmentation process. (In Russian)

  6. Financial modeling in medicine: cash flow, basic metrics, the time value of money, discount rates, and internal rate of return.

    Science.gov (United States)

    Lexa, Frank James; Berlin, Jonathan W

    2005-03-01

    In this article, the authors cover tools for financial modeling. Commonly used time lines and cash flow diagrams are discussed. Commonly used but limited terms such as payback and breakeven are introduced. The important topics of the time value of money and discount rates are introduced to lay the foundation for their use in modeling and in more advanced metrics such as the internal rate of return. Finally, the authors broach the more sophisticated topic of net present value.

  7. Expectation values of local fields in the Bullough-Dodd model and integrable perturbed conformal field theories

    International Nuclear Information System (INIS)

    Fateev, V.; Lukyanov, S.; Zamolodchikov, A.; Zamolodchikov, A.

    1998-01-01

    Exact expectation values of the fields e aφ in the Bullough-Dodd model are derived by adopting the ''''reflection relations'''' which involve the reflection S-matrix of the Liouville theory, as well as a special analyticity assumption. Using this result we propose explicit expressions for expectation values of all primary operators in the c 1,2 or Φ 2,1 . Some results concerning the Φ 1,5 perturbed minimal models are also presented. (orig.)

  8. A value network development model and implications for innovation and production network management

    NARCIS (Netherlands)

    Vermeulen, B.; Kok, de A.G.

    2013-01-01

    In managing their value network, firms have to balance current and future value concerns and own and network partners’ concerns. Firms generate immediate value through manufacturing and selling the current generation of products together with other firms in its production network and generate future

  9. Determining the Threshold Value of Basil Yield Reduction and Evaluation of Water Uptake Models under Salinity Stress Condition

    OpenAIRE

    M. Sarai Tabrizi; H. Babazadeh; M. Homaee; F. Kaveh Kaveh; M. Parsinejad

    2016-01-01

    Introduction: Several mathematical models are being used for assessing the plant response to the salinity of the root zone. The salinity of the soil and water resources is a major challenge for agricultural sector in Iran. Several mathematical models have been developed for plant responses to the salinity stress. However, these models are often applicable in particular conditions. The objectives of this study were to evaluate the threshold value of Basil yield reduction, modeling Basil respon...

  10. Residents values in a rational decision-making model: an interest in academics in emergency medicine.

    Science.gov (United States)

    Burkhardt, John Christian; Smith-Coggins, Rebecca; Santen, Sally

    2016-10-01

    Academic physicians train the next generation of doctors. It is important to understand the factors that lead residents to choose an academic career to continue to effectively recruit residents who will join the national medical faculty. A decision-making theory-driven, large scale assessment of this process has not been previously undertaken. To examine the factors that predict an Emergency resident's interest in pursuing an academic career at the conclusion of training. This study employs the ABEM Longitudinal Survey (n = 365). A logistic regression model was estimated using an interest in an academic career in residency as the dependent variable. Independent variables include gender, under-represented minority status, survey cohort, number of dependent children, possession of an advanced degree, ongoing research, publications, and the appeal of science, independence, and clinical work in choosing EM. Logistic regression resulted in a statistically significant model (p < 0.001). Residents who chose EM due to the appeal of science, had peer-reviewed publications and ongoing research were more likely to be interested in an academic career at the end of residency (p < 0.05). An increased number of children (p < 0.05) was negatively associated with an interest in academics. Individual resident career interests, research productivity, and lifestyle can help predict an interest in pursuing an academic career. Recruitment and enrichment of residents who have similar values and behaviors should be considered in programs interested in generating more graduates who enter an academic career.

  11. Development of Head Injury Assessment Reference Values Based on NASA Injury Modeling

    Science.gov (United States)

    Somers, Jeffrey T.; Melvin, John W.; Tabiei, Ala; Lawrence, Charles; Ploutz-Snyder, Robert; Granderson, Bradley; Feiveson, Alan; Gernhardt, Michael; Patalak, John

    2011-01-01

    NASA is developing a new capsule-based, crewed vehicle that will land in the ocean, and the space agency desires to reduce the risk of injury from impact during these landings. Because landing impact occurs for each flight and the crew might need to perform egress tasks, current injury assessment reference values (IARV) were deemed insufficient. Because NASCAR occupant restraint systems are more effective than the systems used to determine the current IARVs and are similar to NASA s proposed restraint system, an analysis of NASCAR impacts was performed to develop new IARVs that may be more relevant to NASA s context of vehicle landing operations. Head IARVs associated with race car impacts were investigated by completing a detailed analysis of all of the 2002-2008 NASCAR impact data. Specific inclusion and exclusion criteria were used to select 4071 impacts from the 4015 recorder files provided (each file could contain multiple impact events). Of the 4071 accepted impacts, 274 were selected for numerical simulation using a custom NASCAR restraint system and Humanetics Hybrid-III 50th percentile numerical dummy model in LS-DYNA. Injury had occurred in 32 of the 274 selected impacts, and 27 of those injuries involved the head. A majority of the head injuries were mild concussions with or without brief loss of consciousness. The 242 non-injury impacts were randomly selected and representative of the range of crash dynamics present in the total set of 4071 impacts. Head dynamics data (head translational acceleration, translational change in velocity, rotational acceleration, rotational velocity, HIC-15, HIC-36, and the Head 3ms clip) were filtered according to SAE J211 specifications and then transformed to a log scale. The probability of head injury was estimated using a separate logistic regression analysis for each log-transformed predictor candidate. Using the log transformation constrains the estimated probability of injury to become negligible as IARVs approach

  12. Linear and regressive stochastic models for prediction of daily maximum ozone values at Mexico City atmosphere

    Energy Technology Data Exchange (ETDEWEB)

    Bravo, J. L [Instituto de Geofisica, UNAM, Mexico, D.F. (Mexico); Nava, M. M [Instituto Mexicano del Petroleo, Mexico, D.F. (Mexico); Gay, C [Centro de Ciencias de la Atmosfera, UNAM, Mexico, D.F. (Mexico)

    2001-07-01

    We developed a procedure to forecast, with 2 or 3 hours, the daily maximum of surface ozone concentrations. It involves the adjustment of Autoregressive Integrated and Moving Average (ARIMA) models to daily ozone maximum concentrations at 10 monitoring atmospheric stations in Mexico City during one-year period. A one-day forecast is made and it is adjusted with the meteorological and solar radiation information acquired during the first 3 hours before the occurrence of the maximum value. The relative importance for forecasting of the history of the process and of meteorological conditions is evaluated. Finally an estimate of the daily probability of exceeding a given ozone level is made. [Spanish] Se aplica un procedimiento basado en la metodologia conocida como ARIMA, para predecir, con 2 o 3 horas de anticipacion, el valor maximo de la concentracion diaria de ozono. Esta basado en el calculo de autorregresiones y promedios moviles aplicados a los valores maximos de ozono superficial provenientes de 10 estaciones de monitoreo atmosferico en la Ciudad de Mexico y obtenidos durante un ano de muestreo. El pronostico para un dia se ajusta con la informacion meteorologica y de radiacion solar correspondiente a un periodo que antecede con al menos tres horas la ocurrencia esperada del valor maximo. Se compara la importancia relativa de la historia del proceso y de las condiciones meteorologicas previas para el pronostico. Finalmente se estima la probabilidad diaria de que un nivel normativo o preestablecido para contingencias de ozono sea rebasado.

  13. Urology Group Compensation and Ancillary Service Models in an Era of Value-based Care.

    Science.gov (United States)

    Shore, Neal D; Jacoby, Dana

    2016-01-01

    Changes involving the health care economic landscape have affected physicians' workflow, productivity, compensation structures, and culture. Ongoing Federal legislation regarding regulatory documentation and imminent payment-changing methodologies have encouraged physician consolidation into larger practices, creating affiliations with hospitals, multidisciplinary medical specialties, and integrated delivery networks. As subspecialization and evolution of care models have accelerated, independent medical groups have broadened ancillary service lines by investing in enterprises that compete with hospital-based (academic and nonacademic) entities, as well as non-physician- owned multispecialty enterprises, for both outpatient and inpatient services. The looming and dramatic shift from volume- to value-based health care compensation will assuredly affect urology group compensation arrangements and productivity formulae. For groups that can implement change rapidly, efficiently, and harmoniously, there will be opportunities to achieve the Triple Aim goals of the Patient Protection and Affordable Care Act, while maintaining a successful medical-financial practice. In summary, implementing new payment algorithms alongside comprehensive care coordination will assist urology groups in addressing the health economic cost and quality challenges that have been historically encountered with fee-for-service systems. Urology group leadership and stakeholders will need to adjust internal processes, methods of care coordination, cultural dependency, and organizational structures in order to create better systems of care and management. In response, ancillary services and patient throughput will need to evolve in order to adequately align quality measurement and reporting systems across provider footprints and patient populations.

  14. SIMILARITIES BETWEEN THE KNOWLEDGE CREATION AND CONVERSION MODEL AND THE COMPETING VALUES FRAMEWORK: AN INTEGRATIVE APPROACH

    Directory of Open Access Journals (Sweden)

    PAULO COSTA

    2016-12-01

    Full Text Available ABSTRACT Contemporaneously, and with the successive paradigmatic revolutions inherent to management since the XVII century, we are witnessing a new era marked by the structural rupture in the way organizations are perceived. Market globalization, cemented by quick technological evolutions, associated with economic, cultural, political and social transformations characterize a reality where uncertainty is the only certainty for organizations and managers. Knowledge management has been interpreted by managers and academics as a viable alternative in a logic of creation and conversation of sustainable competitive advantages. However, there are several barriers to the implementation and development of knowledge management programs in organizations, with organizational culture being one of the most preponderant. In this sense, and in this article, we will analyze and compare The Knowledge Creation and Conversion Model proposed by Nonaka and Takeuchi (1995 and Quinn and Rohrbaugh's Competing Values Framework (1983, since both have convergent conceptual lines that can assist managers in different sectors to guide their organization in a perspective of productivity, quality and market competitiveness.

  15. No-Impact Threshold Values for NRAP's Reduced Order Models

    Energy Technology Data Exchange (ETDEWEB)

    Last, George V. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Murray, Christopher J. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Brown, Christopher F. [Pacific Northwest National Lab. (PNNL), Richland, WA (United States); Jordan, Preston D. [Lawrence Berkeley National Lab. (LBNL), Berkeley, CA (United States); Sharma, Maneesh [West Virginia Univ., and National Energy Technlogy Lab., Morgantown, WV (United States)

    2013-02-01

    The purpose of this study was to develop methodologies for establishing baseline datasets and statistical protocols for determining statistically significant changes between background concentrations and predicted concentrations that would be used to represent a contamination plume in the Gen II models being developed by NRAP’s Groundwater Protection team. The initial effort examined selected portions of two aquifer systems; the urban shallow-unconfined aquifer system of the Edwards-Trinity Aquifer System (being used to develop the ROM for carbon-rock aquifers, and the a portion of the High Plains Aquifer (an unconsolidated and semi-consolidated sand and gravel aquifer, being used to development the ROM for sandstone aquifers). Threshold values were determined for Cd, Pb, As, pH, and TDS that could be used to identify contamination due to predicted impacts from carbon sequestration storage reservoirs, based on recommendations found in the EPA’s ''Unified Guidance for Statistical Analysis of Groundwater Monitoring Data at RCRA Facilities'' (US Environmental Protection Agency 2009). Results from this effort can be used to inform a ''no change'' scenario with respect to groundwater impacts, rather than the use of an MCL that could be significantly higher than existing concentrations in the aquifer.

  16. Value impact analysis utilizing PRA techniques combined with a hybrid plant model

    International Nuclear Information System (INIS)

    Edson, J.L.; Stillwell, D.W.

    1989-01-01

    A value impact analysis (VIA) has been performed by the INEL to support a NRC Regulatory Analysis for resolution of Generic Issue (GI) 29, Bolting Degradation or Failure in Nuclear Power Plants. A VIA for replacing the reactor coolant pressure boundary (RCPB) bolts of BWRs and PWRs was previously prepared by Pacific Northwest Laboratories in 1985 under instructions limiting the VIA to the potential for failure of primary pressure boundary bolting. Subsequently the INEL was requested to perform a VIA that included non primary systems and component support bolts to be compatible with the resolution of the broader issue. Because the initial list of systems and bolting applications that could be included in the VIA was very large, including them all in the VIA would likely result in analyzing some that have little if any effect on public risk. This paper discusses how PRA techniques combined with a hybrid plant model were used to determine which bolts have the potential to be significant contributors to public risk if they were to fail, and therefore were included in the VIA

  17. Systematically too low values of the cranking model collective inertia parameters

    International Nuclear Information System (INIS)

    Dudek, I.; Dudek, W.; Lukasiak-Ruchowska, E.; Skalski, I.

    1980-01-01

    Deformed Nilsson and Woods-Saxon potentials were employed for generating single particle states used henceforth for calculating the inertia tensor (cranking model and monopole pairing) and the collective energy surfaces (Strutinsky method). The deformation was parametrized in terms of quadrupole and hexadecapole degrees of freedom. The classical energy expression obtained from the inertia tensor and energy surfaces was quantized and the resulting stationary Schroedinger equation was solved using the approximate method. The second Isup(π) = 0 + 2 collective level energies were calculated for the Rare Earth and Actinide nuclei and the results compared with the experimental data. The vibrational level energies agree with the experimental ones much better for spherical nuclei for both single particle potentials; the discrepancies for deformed nuclei overestimate the experimental results by roughly a factor of two. It is argued that coupling of the axially symmetric quadrupole degrees of freedom to non-axial and hexadecapole ones does not affect the conclusions about systematically too low mass parameter values. The alternative explanation of the systematic deviations from the 0 + 2 level energies could be a systematically too high stiffness of the energy surfaces obrained with the Strutinsky method. (orig.)

  18. Verification of Fourier phase and amplitude values from simulated heart motion using a hydrodynamic cardiac model

    International Nuclear Information System (INIS)

    Yiannikas, J.; Underwood, D.A.; Takatani, Setsuo; Nose, Yukihiko; MacIntyre, W.J.; Cook, S.A.; Go, R.T.; Golding, L.; Loop, F.D.

    1986-01-01

    Using pusher-plate-type artificial hearts, changes in the degree of synchrony and stroke volume were compared to phase and amplitude calculations from the first Fourier component of individual-pixel time-activity curves generated from gated radionuclide images (RNA) of these hearts. In addition, the ability of Fourier analysis to quantify paradoxical volume shifts was tested using a ventricular aneurysm model by which the Fourier amplitude was correlated to known increments of paradoxical volume. Predetermined phase-angle differences (incremental increases in asynchrony) and the mean phase-angle difference calculated from RNAs showed an agreement of -7 0 +-4.4 0 (mean +-SD). A strong correlation was noted between stroke volume and Fourier amplitude (r=0.98; P<0.0001) as well as between the paradoxical volume accepted by the 'aneurysm' and the Fourier amplitude (r=0.97; P<0.0001). The degree of asynchrony and changes in stroke volume were accurately reflected by the Fourier phase and amplitude values, respectively. In the specific case of ventricular aneurysms, the data demonstrate that using this method, the paradoxically moving areas may be localized, and the expansile volume within these regions can be quantified. (orig.)

  19. Verification of Fourier phase and amplitude values from simulated heart motion using a hydrodynamic cardiac model

    Energy Technology Data Exchange (ETDEWEB)

    Yiannikas, J; Underwood, D A; Takatani, Setsuo; Nose, Yukihiko; MacIntyre, W J; Cook, S A; Go, R T; Golding, L; Loop, F D

    1986-02-01

    Using pusher-plate-type artificial hearts, changes in the degree of synchrony and stroke volume were compared to phase and amplitude calculations from the first Fourier component of individual-pixel time-activity curves generated from gated radionuclide images (RNA) of these hearts. In addition, the ability of Fourier analysis to quantify paradoxical volume shifts was tested using a ventricular aneurysm model by which the Fourier amplitude was correlated to known increments of paradoxical volume. Predetermined phase-angle differences (incremental increases in asynchrony) and the mean phase-angle difference calculated from RNAs showed an agreement of -7/sup 0/ +- 4.4/sup 0/ (mean +- SD). A strong correlation was noted between stroke volume and Fourier amplitude as well as between the paradoxical volume accepted by the 'aneurysm' and the Fourier amplitude. The degree of asynchrony and changes in stroke volume were accurately reflected by the Fourier phase and amplitude values, respectively. In the specific case of ventricular aneurysms, the data demonstrate that using this method, the paradoxically moving areas may be localized, and the expansile volume within these regions can be quantified. (orig.).

  20. The 2-MEV model: Constancy of adolescent environmental values within an 8-year time frame

    Science.gov (United States)

    Bogner, F. X.; Johnson, B.; Buxner, S.; Felix, L.

    2015-08-01

    The 2-MEV model is a widely used tool to monitor children's environmental perception by scoring individual values. Although the scale's validity has been confirmed repeatedly and independently as well as the scale is in usage within more than two dozen language units all over the world, longitudinal properties still need clarification. The purpose of the present study therefore was to validate the 2-MEV scale based on a large data basis of 10,676 children collected over an eight-year period. Cohorts of three different US states contributed to the sample by responding to a paper-and-pencil questionnaire within their pre-test initiatives in the context of field center programs. Since we used only the pre-program 2-MEV scale results (which is before participation in education programs), the data were clearly unspoiled by any follow-up interventions. The purpose of analysis was fourfold: First, to test and confirm the hypothesized factorized structure for the large data set and for the subsample of each of the three states. Second, to analyze the scoring pattern across the eight years' time range for both preservation and utilitarian preferences. Third, to investigate any age effects in the extracted factors. Finally, to extract suitable recommendations for educational implementation efforts.

  1. The Impact of Urban Transit Systems on Property Values: A Model and Some Evidences from the City of Naples

    Directory of Open Access Journals (Sweden)

    Mariano Gallo

    2018-01-01

    Full Text Available A hedonic model for estimating the effects of transit systems on real estate values is specified and calibrated for the city of Naples. The model is used to estimate the external benefits concerning property values which may be attributed to the Naples metro at the present time and in two future scenarios. The results show that only high-frequency metro lines have appreciable effects on real estate values, while low-frequency metro lines and bus lines produce no significant impacts. Our results show that the impacts on real estate values of the metro system in Naples are significant, with corresponding external benefits estimated at about 7.2 billion euros or about 8.5% of the total value of real estate assets.

  2. ENTREPRENEURIAL STRATEGIC INNOVATION MODEL FOR ATTAINING PREMIUM VALUE FOR THE SRI LANKAN GEM AND JEWELLERY INDUSTRY

    Directory of Open Access Journals (Sweden)

    Shyamalie Ekanayake

    2010-07-01

    Full Text Available Entrepreneurial innovative action is a four-pronged strategic integration; it mitigates financial risk in knowledge transfer and technology transfer, it integrates manufacturing and business strategy, and it provides policy remedy to transform the assets and capabilities of the value system. The innovation process utilises market innovations to establish a competitive advantage, gathers intellectual assets, attains proprietary rights and fosters the ability to implement appropriate strategies and sustain a competitive advantage, thus generating premium value. The entrepreneur's commitment uncovers market opportunities and exploits the inventiveness of value-system technologies to result in market innovation. The integration of the above-mentioned four forces with changing market needs transforms the capabilities of the value system to allow it to sustain business value regeneration and thus generate premium value. The failure of either one or all four forces of entrepreneurs' innovative strategies will lead to a reduction in the market value of the products and disintegrate the industry value system. This phenomena was observed in the gem and jewellery industry in Sri Lanka, where the industry has been capable enough to develop a competitive product base but has been positioned to experience a reduction in market value. This reduction has resulted in the disintegration of the industry value system, forcing firms to work in isolation.

  3. Assessment of the Value, Impact, and Validity of the Jobs and Economic Development Impacts (JEDI) Suite of Models

    Energy Technology Data Exchange (ETDEWEB)

    Billman, L.; Keyser, D.

    2013-08-01

    The Jobs and Economic Development Impacts (JEDI) models, developed by the National Renewable Energy Laboratory (NREL) for the U.S. Department of Energy (DOE) Office of Energy Efficiency and Renewable Energy (EERE), use input-output methodology to estimate gross (not net) jobs and economic impacts of building and operating selected types of renewable electricity generation and fuel plants. This analysis provides the DOE with an assessment of the value, impact, and validity of the JEDI suite of models. While the models produce estimates of jobs, earnings, and economic output, this analysis focuses only on jobs estimates. This validation report includes an introduction to JEDI models, an analysis of the value and impact of the JEDI models, and an analysis of the validity of job estimates generated by JEDI model through comparison to other modeled estimates and comparison to empirical, observed jobs data as reported or estimated for a commercial project, a state, or a region.

  4. A step function model to evaluate the real monetary value of man-sievert with real GDP

    International Nuclear Information System (INIS)

    Na, Seong H.; Kim, Sun G.

    2009-01-01

    For use in a cost-benefit analysis to establish optimum levels of radiation protection in Korea under the ALARA principle, we introduce a discrete step function model to evaluate man-sievert monetary value in the real economic value. The model formula, which is unique and country-specific, is composed of real GDP, the nominal risk coefficient for cancer and hereditary effects, the aversion factor against radiation exposure, and average life expectancy. Unlike previous researches on alpha-value assessment, we show different alpha values in the real term, differentiated with respect to the range of individual doses, which would be more realistic and informative for application to the radiation protection practices. GDP deflators of economy can reflect the society's situations. Finally, we suggest that the Korean model can be generalized simply to other countries without normalizing any country-specific factors.

  5. A step function model to evaluate the real monetary value of man-sievert with real GDP

    Energy Technology Data Exchange (ETDEWEB)

    Na, Seong H. [Korea Institute of Nuclear Safety, 19 Guseong-dong, Yuseong-gu, Daejeon 305-338 (Korea, Republic of)], E-mail: shna@kins.re.kr; Kim, Sun G. [School of Business, Daejeon University, Yong Woon-dong, Dong-gu, Daejeon 300-716 (Korea, Republic of)], E-mail: sunkim@dju.ac.kr

    2009-07-15

    For use in a cost-benefit analysis to establish optimum levels of radiation protection in Korea under the ALARA principle, we introduce a discrete step function model to evaluate man-sievert monetary value in the real economic value. The model formula, which is unique and country-specific, is composed of real GDP, the nominal risk coefficient for cancer and hereditary effects, the aversion factor against radiation exposure, and average life expectancy. Unlike previous researches on alpha-value assessment, we show different alpha values in the real term, differentiated with respect to the range of individual doses, which would be more realistic and informative for application to the radiation protection practices. GDP deflators of economy can reflect the society's situations. Finally, we suggest that the Korean model can be generalized simply to other countries without normalizing any country-specific factors.

  6. A step function model to evaluate the real monetary value of man-sievert with real GDP.

    Science.gov (United States)

    Na, Seong H; Kim, Sun G

    2009-01-01

    For use in a cost-benefit analysis to establish optimum levels of radiation protection in Korea under the ALARA principle, we introduce a discrete step function model to evaluate man-sievert monetary value in the real economic value. The model formula, which is unique and country-specific, is composed of real GDP, the nominal risk coefficient for cancer and hereditary effects, the aversion factor against radiation exposure, and average life expectancy. Unlike previous researches on alpha-value assessment, we show different alpha values in the real term, differentiated with respect to the range of individual doses, which would be more realistic and informative for application to the radiation protection practices. GDP deflators of economy can reflect the society's situations. Finally, we suggest that the Korean model can be generalized simply to other countries without normalizing any country-specific factors.

  7. Value of time determination for the city of Alexandria based on a disaggregate binary mode choice model

    Directory of Open Access Journals (Sweden)

    Mounir Mahmoud Moghazy Abdel-Aal

    2017-12-01

    Full Text Available In the travel demand modeling field, mode choice is the most important decision that affects the resulted road congestion. The behavioral nature of the disaggregate models and the associated advantages of such models over aggregate models have led to their extensive use. This paper proposes a framework to determine the value of time (VoT for the city of Alexandria through calibrating a disaggregate linear-in parameter utility-based binary logit mode choice model of the city. The mode attributes (travel time and travel cost along with traveler attributes (car ownership and income were selected as the utility attributes of the basic model formulation which included 5 models. Three additional alternative utility formulations based on the transformation of the mode attributes including relative travel cost (cost divided by income and log (travel time and the combination of the two transformations together were introduced. The parameter estimation procedure was based on the likelihood maximization technique and was performed in EXCEL. Out of 20 models estimated, only 2 models are considered successful in terms of the parameters estimates correct signs and the magnitude of their significance (t-statistics value. The determination of the VoT serves also in the model validation. The best two models estimated the value of time at LE 11.30/hr and LE 14.50/hr with a relative error of +3.7% and +33.0%, respectively, of the hourly salary of LE 10.9/hr. The proposed two models prove to be sensitive to trip time and income levels as factors affecting the choice mechanism. The sensitivity analysis was performed and proved the model with higher relative error is marginally more robust. Keywords: Transportation modeling, Binary mode choice, Parameter estimation, Value of time, Likelihood maximization, Sensitivity analysis

  8. 40 CFR 600.209-08 - Calculation of vehicle-specific 5-cycle fuel economy values for a model type.

    Science.gov (United States)

    2010-07-01

    ...-cycle fuel economy values for a model type. 600.209-08 Section 600.209-08 Protection of Environment ENVIRONMENTAL PROTECTION AGENCY (CONTINUED) ENERGY POLICY FUEL ECONOMY AND CARBON-RELATED EXHAUST EMISSIONS OF MOTOR VEHICLES Fuel Economy Regulations for 1977 and Later Model Year Automobiles-Procedures for...

  9. Cross-National Validation of Prognostic Models Predicting Sickness Absence and the Added Value of Work Environment Variables

    NARCIS (Netherlands)

    Roelen, Corne A. M.; Stapelfeldt, Christina M.; Heymans, Martijn W.; van Rhenen, Willem; Labriola, Merete; Nielsen, Claus V.; Bultmann, Ute; Jensen, Chris

    Purpose To validate Dutch prognostic models including age, self-rated health and prior sickness absence (SA) for ability to predict high SA in Danish eldercare. The added value of work environment variables to the models' risk discrimination was also investigated. Methods 2,562 municipal eldercare

  10. Understanding Female Sport Attrition in a Stereotypical Male Sport within the Framework of Eccles's Expectancy-Value Model

    Science.gov (United States)

    Guillet, Emma; Sarrazin, Philippe; Fontayne, Paul; Brustad, Robert J.

    2006-01-01

    An empirical research study based upon the expectancy-value model of Eccles and colleagues (1983) investigated the effect of gender-role orientations on psychological dimensions of female athletes' sport participation and the likelihood of their continued participation in a stereotypical masculine activity. The model (Eccles et al., 1983) posits…

  11. Using the Expectancy Value Model of Motivation to Understand the Relationship between Student Attitudes and Achievement in Statistics

    Science.gov (United States)

    Hood, Michelle; Creed, Peter A.; Neumann, David L.

    2012-01-01

    We tested a model of the relationship between attitudes toward statistics and achievement based on Eccles' Expectancy Value Model (1983). Participants (n = 149; 83% female) were second-year Australian university students in a psychology statistics course (mean age = 23.36 years, SD = 7.94 years). We obtained demographic details, past performance,…

  12. Bayesian mixture modeling of significant p values: A meta-analytic method to estimate the degree of contamination from H₀.

    Science.gov (United States)

    Gronau, Quentin Frederik; Duizer, Monique; Bakker, Marjan; Wagenmakers, Eric-Jan

    2017-09-01

    Publication bias and questionable research practices have long been known to corrupt the published record. One method to assess the extent of this corruption is to examine the meta-analytic collection of significant p values, the so-called p -curve (Simonsohn, Nelson, & Simmons, 2014a). Inspired by statistical research on false-discovery rates, we propose a Bayesian mixture model analysis of the p -curve. Our mixture model assumes that significant p values arise either from the null-hypothesis H ₀ (when their distribution is uniform) or from the alternative hypothesis H1 (when their distribution is accounted for by a simple parametric model). The mixture model estimates the proportion of significant results that originate from H ₀, but it also estimates the probability that each specific p value originates from H ₀. We apply our model to 2 examples. The first concerns the set of 587 significant p values for all t tests published in the 2007 volumes of Psychonomic Bulletin & Review and the Journal of Experimental Psychology: Learning, Memory, and Cognition; the mixture model reveals that p values higher than about .005 are more likely to stem from H ₀ than from H ₁. The second example concerns 159 significant p values from studies on social priming and 130 from yoked control studies. The results from the yoked controls confirm the findings from the first example, whereas the results from the social priming studies are difficult to interpret because they are sensitive to the prior specification. To maximize accessibility, we provide a web application that allows researchers to apply the mixture model to any set of significant p values. (PsycINFO Database Record (c) 2017 APA, all rights reserved).

  13. Exogenous factors and market value: an appraisal model of capital gains in urban redevelopment programs in public/ private partnerships

    Directory of Open Access Journals (Sweden)

    Francesco Calabrò

    2013-08-01

    Full Text Available The proposed article aims to illustrate an experimental model applicable, in the planning stage, to an appraisal of the capital gains in a residential requalification in public/ private partnership. The model develops a method using a conventional cost value through a multicriteria model which evaluates the influence of qualitative exogenous variables to the market value of the property. The aim is to develop a synthetic procedure, transparent, shared and easy to use by the public authorities, in determining the total benefits associated with urban transformations, in order to achieve a fair sharing of profits between public and private entities.

  14. A mathematical model to determine incorporated quantities of radioactivity from the measured photometric values of tritium-autoradiographs in neuroanatomy

    International Nuclear Information System (INIS)

    Jennissen, J.J.

    1981-01-01

    The mathematical/empirical model developed in this paper helps to determine the incorporated radioactivity from the measured photometric values and the exposure time T. Possible errors of autoradiography due to the exposure time or the preparation are taken into consideration by the empirical model. It is shown that the error of appr. 400% appearing in the sole comparison of the measured photometric values can be corrected. The model is valid for neuroanatomy as optical nerves, i.e. neuroanatomical material, were used to develop it. Its application also to the other sections of the central nervous system seems to be justified due to the reduction of errors thus achieved. (orig.) [de

  15. The browning value changes and spectral analysis on the Maillard reaction product from glucose and methionine model system

    Science.gov (United States)

    Al-Baarri, A. N.; Legowo, A. M.; Widayat

    2018-01-01

    D-glucose has been understood to provide the various effect on the reactivity in Maillard reaction resulting in the changes in physical performance of food product. Therefore this research was done to analyse physical appearance of Maillard reaction product made of D-glucose and methionine as a model system. The changes in browning value and spectral analysis model system were determined. The glucose-methionine model system was produced through the heating treatment at 50°C and RH 70% for 24 hours. The data were collected for every three hour using spectrophotometer. As result, browning value was elevated with the increase of heating time and remarkably high if compare to the D-glucose only. Furthermore, the spectral analysis showed that methionine turned the pattern of peak appearance. As conclusion, methionine raised the browning value and changed the pattern of spectral analysis in Maillard reaction model system.

  16. Dividend Per Share, Retained Earnings, Book Value And Total Debt On Stock Price: Approximation Valuation Model Dividend Per Share, Retained Earnings, Book Value, dan Total Debt terhadap Harga Saham: Pendekatan Valuation Model.

    OpenAIRE

    khikmah, Khoirul

    2011-01-01

    This study examines to dividend per share, retained earnings, book valueand total debt on stock price: approximation valuation model. Data in this studyare manufacture firms listed on Indonesia Stock Exchange in 2005 – 2008. Linearregression analysis used to analysis this data. Result of regression analysis findsthat dividend per share, retained earnings, book value and total debt on stock pricehave significant effect to stock price. Dividend per share and book value havesignificant effect in...

  17. Estimated Nutritive Value of Low-Price Model Lunch Sets Provided to Garment Workers in Cambodia

    Directory of Open Access Journals (Sweden)

    Jan Makurat

    2017-07-01

    Full Text Available Background: The establishment of staff canteens is expected to improve the nutritional situation of Cambodian garment workers. The objective of this study is to assess the nutritive value of low-price model lunch sets provided at a garment factory in Phnom Penh, Cambodia. Methods: Exemplary lunch sets were served to female workers through a temporary canteen at a garment factory in Phnom Penh. Dish samples were collected repeatedly to examine mean serving sizes of individual ingredients. Food composition tables and NutriSurvey software were used to assess mean amounts and contributions to recommended dietary allowances (RDAs or adequate intake of energy, macronutrients, dietary fiber, vitamin C (VitC, iron, vitamin A (VitA, folate and vitamin B12 (VitB12. Results: On average, lunch sets provided roughly one third of RDA or adequate intake of energy, carbohydrates, fat and dietary fiber. Contribution to RDA of protein was high (46% RDA. The sets contained a high mean share of VitC (159% RDA, VitA (66% RDA, and folate (44% RDA, but were low in VitB12 (29% RDA and iron (20% RDA. Conclusions: Overall, lunches satisfied recommendations of caloric content and macronutrient composition. Sets on average contained a beneficial amount of VitC, VitA and folate. Adjustments are needed for a higher iron content. Alternative iron-rich foods are expected to be better suited, compared to increasing portions of costly meat/fish components. Lunch provision at Cambodian garment factories holds the potential to improve food security of workers, approximately at costs of <1 USD/person/day at large scale. Data on quantitative total dietary intake as well as physical activity among workers are needed to further optimize the concept of staff canteens.

  18. Economic modeling of sealing primary molars using a "value of information" approach.

    Science.gov (United States)

    Ney, J P; van der Goes, D N; Chi, D L

    2014-09-01

    The objective was to evaluate 2 primary molar sealant strategies for publicly insured children using an "expected value of perfect information" (EVPI) approach. We converted a 10,000-observation tooth-level cost-effectiveness simulation model comparing 2 primary molar sealant strategies - always seal (AS) and standard care (SC) - with a 1,250-observation child-level model. Costs per child per restoration or extraction averted were estimated. Opportunity losses under the AS strategy were determined for children for whom SC was the optimal choice. We determined the EVPI by multiplying mean opportunity losses by the projected incident population of publicly insured 3-year-olds in the US over 10 years with costs discounted at 2%. All analyses were conducted under assumptions of high and low intrachild correlations between at-risk teeth. The AS strategy cost $43.68 over SC (95% CI: -$5.50, $92.86) per child per restoration or extraction averted under the high intrachild correlation assumption and $15.54 (95% CI $7.86, $23.20) under the low intrachild correlation. Under high intrachild correlation, mean opportunity losses were $80.28 (95% CI: $76.39, $84.17) per child, and AS was the optimal strategy in 31% of children. Under low correlation, mean opportunity losses were $14.61 (95% CI: $12.20, $17.68) and AS was the optimal strategy in 87% of children. The EVPI was calculated at $530,813,740 and $96,578,389 (for high and low intrachild correlation, respectively), for a projected total incident population of 8,059,712 children. On average, always sealing primary molars is more effective than standard care, but widespread implementation of this preventive approach among publicly insured children would result in large opportunity losses. Additional research is needed to identify the subgroups of publicly insured children who would benefit the most from this effective and potentially cost-saving public health intervention. © International & American Associations for Dental

  19. [Establishment of risk evaluation model of peritoneal metastasis in gastric cancer and its predictive value].

    Science.gov (United States)

    Zhao, Junjie; Zhou, Rongjian; Zhang, Qi; Shu, Ping; Li, Haojie; Wang, Xuefei; Shen, Zhenbin; Liu, Fenglin; Chen, Weidong; Qin, Jing; Sun, Yihong

    2017-01-25

    To establish an evaluation model of peritoneal metastasis in gastric cancer, and to assess its clinical significance. Clinical and pathologic data of the consecutive cases of gastric cancer admitted between April 2015 and December 2015 in Department of General Surgery, Zhongshan Hospital of Fudan University were analyzed retrospectively. A total of 710 patients were enrolled in the study after 18 patients with other distant metastasis were excluded. The correlations between peritoneal metastasis and different factors were studied through univariate (Pearson's test or Fisher's exact test) and multivariate analyses (Binary Logistic regression). Independent predictable factors for peritoneal metastasis were combined to establish a risk evaluation model (nomogram). The nomogram was created with R software using the 'rms' package. In the nomogram, each factor had different scores, and every patient could have a total score by adding all the scores of each factor. A higher total score represented higher risk of peritoneal metastasis. Receiver operating characteristic (ROC) curve analysis was used to compare the sensitivity and specificity of the established nomogram. Delong. Delong. Clarke-Pearson test was used to compare the difference of the area under the curve (AUC). The cut-off value was determined by the AUC, when the ROC curve had the biggest AUC, the model had the best sensitivity and specificity. Among 710 patients, 47 patients had peritoneal metastasis (6.6%), including 30 male (30/506, 5.9%) and 17 female (17/204, 8.3%); 31 were ≥ 60 years old (31/429, 7.2%); 38 had tumor ≥ 3 cm(38/461, 8.2%). Lauren classification indicated that 2 patients were intestinal type(2/245, 0.8%), 8 patients were mixed type(8/208, 3.8%), 11 patients were diffuse type(11/142, 7.7%), and others had no associated data. CA19-9 of 13 patients was ≥ 37 kU/L(13/61, 21.3%); CA125 of 11 patients was ≥ 35 kU/L(11/36, 30.6%); CA72-4 of 11 patients was ≥ 10 kU/L(11/39, 28

  20. Predicting Calcium Values for Gastrointestinal Bleeding Patients in Intensive Care Unit Using Clinical Variables and Fuzzy Modeling

    Directory of Open Access Journals (Sweden)

    G Khalili-Zadeh-Mahani

    2016-07-01

    Full Text Available Introduction: Reducing unnecessary laboratory tests is an essential issue in the Intensive Care Unit. One solution for this issue is to predict the value of a laboratory test to specify the necessity of ordering the tests. The aim of this paper was to propose a clinical decision support system for predicting laboratory tests values. Calcium laboratory tests of three categories of patients, including upper and lower gastrointestinal bleeding, and unspecified hemorrhage of gastrointestinal tract, have been selected as the case studies for this research. Method: In this research, the data have been collected from MIMIC-II database. For predicting calcium laboratory values, a Fuzzy Takagi-Sugeno model is used and the input variables of the model are heart rate and previous value of calcium laboratory test. Results: The results showed that the values of calcium laboratory test for the understudy patients were predictable with an acceptable accuracy. In average, the mean absolute errors of the system for the three categories of the patients are 0.27, 0.29, and 0.28, respectively. Conclusion: In this research, using fuzzy modeling and two variables of heart rate and previous calcium laboratory values, a clinical decision support system was proposed for predicting laboratory values of three categories of patients with gastrointestinal bleeding. Using these two clinical values as input variables, the obtained results were acceptable and showed the capability of the proposed system in predicting calcium laboratory values. For achieving better results, the impact of more input variables should be studied. Since, the proposed system predicts the laboratory values instead of just predicting the necessity of the laboratory tests; it was more generalized than previous studies. So, the proposed method let the specialists make the decision depending on the condition of each patient.

  1. Outlier Removal in Model-Based Missing Value Imputation for Medical Datasets

    Directory of Open Access Journals (Sweden)

    Min-Wei Huang

    2018-01-01

    Full Text Available Many real-world medical datasets contain some proportion of missing (attribute values. In general, missing value imputation can be performed to solve this problem, which is to provide estimations for the missing values by a reasoning process based on the (complete observed data. However, if the observed data contain some noisy information or outliers, the estimations of the missing values may not be reliable or may even be quite different from the real values. The aim of this paper is to examine whether a combination of instance selection from the observed data and missing value imputation offers better performance than performing missing value imputation alone. In particular, three instance selection algorithms, DROP3, GA, and IB3, and three imputation algorithms, KNNI, MLP, and SVM, are used in order to find out the best combination. The experimental results show that that performing instance selection can have a positive impact on missing value imputation over the numerical data type of medical datasets, and specific combinations of instance selection and imputation methods can improve the imputation results over the mixed data type of medical datasets. However, instance selection does not have a definitely positive impact on the imputation result for categorical medical datasets.

  2. A Categorization Model for Educational Values of the History of Mathematics: An Empirical Study

    Science.gov (United States)

    Wang, Xiao-qin; Qi, Chun-yan; Wang, Ke

    2017-01-01

    There is not a clear consensus on the categorization framework of the educational values of the history of mathematics. By analyzing 20 Chinese teaching cases on integrating the history of mathematics into mathematics teaching based on the relevant literature, this study examined a new categorization framework of the educational values of the…

  3. Animating Research with Counseling Values: A Training Model to Address the Research-to-Practice Gap

    Science.gov (United States)

    Lee, Kristi A.; Dewell, John A.; Holmes, Courtney M.

    2014-01-01

    The persistent research-to-practice gap poses a problem for counselor education. The gap may be caused by conflicts between the humanistic values that guide much of counseling and the values that guide research training. In this article, the authors address historical concerns regarding research training for students and the conducting of research…

  4. On-line caloric value sensor and validation of dynamic models applied to municipal solid waste

    NARCIS (Netherlands)

    Kessel, van L.B.M.; Leskens, M.; Brem, G.

    2002-01-01

    This paper deals with two aspects concerning the optimization of municipal solid waste combustion (MSWC) processes. First of all, an on-line calorific value sensor is discussed by means of which the calorific value of the waste can be estimated from actual process data. Experimental results on a

  5. Modelo de previsão de value at risk utilizando volatilidade de longo prazo = Value at Risk prediction model using long term volatility

    Directory of Open Access Journals (Sweden)

    Vinicius Mothé Maia

    2016-07-01

    Full Text Available Tendo em vista a importância do Value at Risk (VaR como medida de risco para instituições financeiras e agências de risco, o presente estudo avaliou se o modelo ARLS é mais preciso no cálculo do VaR de longo prazo que os modelos tradicionais, dada sua maior adequação para a previsão da volatilidade. Considerando a utilização do VaR pelos agentes de mercado como medida de risco para o gerenciamento de portfólios é importante sua adequada mensuração. A partir de dados diários dos mercados de ações e cambial dos BRICS (Brasil, Rússia, Índia, China e África do Sul foram calculadas as volatilidades futuras para 15 dias, 1 mês e 3 meses. Em seguida, calculou-se as medidas tradicionais de avaliação da precisão do VaR. Os resultados sugerem a superioridade do modelo ARLS para a previsão da volatilidade cambial, capaz de prever corretamente o número de violações em 33% dos casos, enquanto os modelos tradicionais não obtiveram um bom desempenho. Com relação ao mercado acionário, os modelos GARCH e ARLS apresentaram desempenho similar. O modelo GARCH é superior considerando a perda média quadrática. Esses resultados apontam para a escolha do modelo ARLS no cálculo do VaR de portfólios cambiais devido a maior precisão alcançada. Ajuda assim os agentes de mercado a melhor gerirem o risco de suas carteiras. Em relação ao mercado acionário, em função do desempenho similar dos modelos GARCH e ARLS, o modelo GARCH é o mais indicado devido a sua maior simplicidade e fácil implementação computacional. Having in mind the importance of Value at Risk (VaR as a risk measure for financial institutions and rating agencies, this study evaluated whether the ARLS model is more accurate in the calculation of the long term VaR than the traditional models, considering it is more appropriate for predicting the long-term volatility. Due to the fact that VaR s being used for market players as a measure of risk for the portfolio

  6. Analisis Risiko Investasi Saham Syariah Dengan Model Value AT Risk-Asymmetric Power Autoregressive Conditional Heterocedasticity (VaR-APARCH

    Directory of Open Access Journals (Sweden)

    Syarif Hidayatullah

    2017-04-01

    Full Text Available Penelitian ini membahas analisis risiko data runtun waktu dengan model Value at Risk- Asymmetric Power Autoregressive Conditional Heteroscedasticity (VaR-APARCHdalam pasar modal syariah. Metode yang digunakan dalam penelitian ini adalah penerapan kasus.Data yang digunakan adalah harga penutupan harian saham dalam Jakarta Islamic Index (JIIperiode 4 Maret 2013 sampai 8 April 2015.Model APARCH yang dipilih berdasarkan nilai Schwarz Criterion (SC.Langkah-langkah dalam penelitian ini adalah menguji kestasioneran data, mengidentifikasi model ARIMA,mengestimasi parameter model ARIMA, menguji diagnostik model ARIMA, mendeteksi ada tidaknya unsur ARCH atau unsur heteroskedastisitas, uji asimetris data saham, mengestimasi model APARCH, menguji diagnostik model APARCH, dan menghitung risiko dengan VaR-APARCH.Model terbaik yang dipilih adalah ARIMA ((3,0,0 dan APARCH (1,1. Model ini valid untuk menganalisis besar risiko investasi dalam jangka waktu 10 hari ke depan.

  7. A new fuzzy regression model based on interval-valued fuzzy neural network and its applications to management

    Directory of Open Access Journals (Sweden)

    Somaye Yeylaghi

    2017-06-01

    Full Text Available In this paper, a novel hybrid method based on interval-valued fuzzy neural network for approximate of interval-valued fuzzy regression models, is presented. The work of this paper is an expansion of the research of real fuzzy regression models. In this paper interval-valued fuzzy neural network (IVFNN can be trained with crisp and interval-valued fuzzy data. Here a neural network is considered as a part of a large field called neural computing or soft computing. Moreover, in order to find the approximate parameters, a simple algorithm from the cost function of the fuzzy neural network is proposed. Finally, we illustrate our approach by some numerical examples and compare this method with existing methods.

  8. Applying Ethnic Equivalence and Cultural Values Models to African-American Teens' Perceptions of Parents.

    Science.gov (United States)

    Lamborn, Susie D.; Felbab, Amanda J.

    2003-01-01

    Study evaluated both the parenting styles and family ecologies models with interview responses from African American adolescents. Analyses contrasted each model with a joint model for predicting self esteem, self reliance, work orientation, and ethnic identity. Overall, findings suggest that a joint model that combines elements from both models…

  9. Uncertainty modelling and structured singular value computation applied to an electro-mechanical system

    NARCIS (Netherlands)

    Steinbuch, M.; Terlouw, J.C.; Bosgra, O.H.; Smit, S.G.

    1992-01-01

    The investigation of closed-loop systems subject to model perturbations is an important issue to assure stability robustness of a control design. A large variety of model perturbations can be described by norm-bounded uncertainty models. A general approach for modelling structured complex and

  10. Personal values, social capital and higher education student career decidedness: a new ‘protean’ informed model

    OpenAIRE

    Fearon, C.; Nachmias, S.; McLaughlin, H.; Jackson, S.

    2016-01-01

    This study investigates the role of personal values as motivational antecedents for understanding HE student career decidedness among university business school (UBS) students. We propose a new ‘protean’ informed HE student career decidedness model for theorizing how both personal values and social capital mediators (student social capital; personal, social and enterprise skills; access to resources) help in the student-centric and self-directed processes of career decision-making. A mixed me...

  11. A two-stage value chain model for vegetable marketing chain efficiency evaluation: A transaction cost approach

    OpenAIRE

    Lu Hualiang

    2006-01-01

    We applied a two-stage value chain model to investigate the effects of input application and occasional transaction costs on vegetable marketing chain efficiencies with a farm household-level data set. In the first stage, the production efficiencies with the combination of resource endowments, capital and managerial inputs, and production techniques were evaluated; then at the second stage, the marketing technical efficiencies were determined under the marketing value of the vegetables for th...

  12. An EOQ Model with Stock-Dependent Demand under Two Levels of Trade Credit and Time Value of Money

    OpenAIRE

    H.A.O. Jia-Qin; M.O. Jiangtao

    2013-01-01

    Since the value of money changes with time, it is necessary to take account of the influence of time factor in making the replenishment policy. In this study, to investigate the influence of the time value of money to the inventory strategy, an inventory system for deteriorating items with stock-dependent demand is investigated under two levels of trade credit. The method to efficiently determine the optimal cycle time is presented. Numerical examples are provided to demonstrate the model and...

  13. Variability of indicator values for ozone production sensitivity: a model study in Switzerland and San Joaquin Valley (California)

    International Nuclear Information System (INIS)

    Andreani-Aksoyoglu, S.; Keller, J.; Prevot, A.S.H.; Chenghsuan Lu; Chang, J.S.

    2001-01-01

    The threshold values of indicator species and ratios delineating the transition between NO x and VOC sensitivity of ozone formation are assumed to be universal by various investigators. However, our previous studies suggested that threshold values might vary according to the locations and conditions. In this study, threshold values derived from various model simulations at two different locations (the area of Switzerland by UAM Model and San Joaquin Valley of Central California by SAQM Model) are examined using a new approach for defining NO x and VOC sensitive regimes. Possible definitions for the distinction of NO x and VOC sensitive ozone production regimes are given. The dependence of the threshold values for indicators and indicator ratios such as NO y , O 3 /NO z , HCHO/NO y , and H 2 O 2 /HNO 3 on the definition of NO x and VOC sensitivity is discussed. Then the variations of threshold values under low emission conditions and in two different days are examined in both areas to check whether the models respond consistently to changes in environmental conditions. In both cases, threshold values are shifted similarly when emissions are reduced. Changes in the wind fields and aging of the photochemical oxidants seem to cause the day-to-day variation of the threshold values. O 3 /NO z and HCHO/NO y indicators are predicted to be unsatisfactory to separate the NO x and VOC sensitive regimes. Although NO y and H 2 O 2 /HNO 3 provide a good separation of the two regimes, threshold values are affected by changes in the environmental conditions studied in this work. (author)

  14. Designing an integrated model based on the indicators Quality and Earned Value for risk management in Information Technology Projects

    OpenAIRE

    TATLARI, Mohammad Reza; KAZEMİPOOR, Hamed

    2015-01-01

    There are two effective factors on Information Technology (IT) projects risk including quality and earned value so that by controlling these two factors and their increased level in IT projects, the corresponding risk can be decreased. Therefore in present study, an integrated model was designed based on quality and earned value indicators for risk management in IT projects on a new and efficient approach. The proposed algorithm included the steps such as preparing a list of several indicator...

  15. Expectation values of descendent fields in the Bullough-Dodd model and related perturbed conformal field theories

    International Nuclear Information System (INIS)

    Baseilhac, P.; Stanishkov, M.

    2001-01-01

    The exact vacuum expectation values of the second level descendent fields 2 (∂-barφ 2 e aφ in the Bullough-Dodd model are calculated. By performing quantum group restrictions, we obtain -2 L-bar -2 PHI lk > in the PHI 12 , PHI 21 and PHI 15 perturbed minimal CFTs. In particular, the exact expectation value is found to be proportional to the square of the bulk free energy

  16. The Effect of Macroeconomic Variables on Value-Added Agriculture: Approach of Vector Autoregresive Bayesian Model (BVAR

    Directory of Open Access Journals (Sweden)

    E. Pishbahar

    2015-05-01

    Full Text Available There are different ideas and opinions about the effects of macroeconomic variables on real and nominal variables. To answer the question of whether changes in macroeconomic variables as a political tool is useful over a business cycle, understanding the effect of macroeconomic variables on economic growth is important. In the present study, the Bayesian Vector autoregresive model and seasonality data for the years between 1991 and 2013 was used to determine the impact of monetary policy on value-added agriculture. Predicts of Vector autoregresive model are usually divertaed due to a lot of parameters in the model. Bayesian vector autoregresive model estimates more reliable predictions due to reducing the number of included parametrs and considering the former models. Compared to the Vector Autoregressive model, the coefficients are estimated more accurately. Based on the results of RMSE in this study, previous function Nrmal-Vyshart was identified as a suitable previous disteribution. According to the results of the impulse response function, the sudden effects of shocks in macroeconomic variables on the value added in agriculture and domestic venture capital are stable. The effects on the exchange rates, tax revenues and monetary will bemoderated after 7, 5 and 4periods. Monetary policy shocks ,in the first half of the year, increased the value added of agriculture, while in the second half of the year had a depressing effect on the value added.

  17. Evaluating the Value of High Spatial Resolution in National Capacity Expansion Models using ReEDS: Preprint

    Energy Technology Data Exchange (ETDEWEB)

    Krishnan, Venkat; Cole, Wesley

    2016-07-01

    Power sector capacity expansion models (CEMs) have a broad range of spatial resolutions. This paper uses the Regional Energy Deployment System (ReEDS) model, a long-term national scale electric sector CEM, to evaluate the value of high spatial resolution for CEMs. ReEDS models the United States with 134 load balancing areas (BAs) and captures the variability in existing generation parameters, future technology costs, performance, and resource availability using very high spatial resolution data, especially for wind and solar modeled at 356 resource regions. In this paper we perform planning studies at three different spatial resolutions--native resolution (134 BAs), state-level, and NERC region level--and evaluate how results change under different levels of spatial aggregation in terms of renewable capacity deployment and location, associated transmission builds, and system costs. The results are used to ascertain the value of high geographically resolved models in terms of their impact on relative competitiveness among renewable energy resources.

  18. Model for the Value of a Business, Some Optimisation Problems in its Operating Procedures and the Valuation of its Debt

    OpenAIRE

    M.Z. Apabhai; N.I. Georgikopoulos; D. Hasnip; R.K.D. Jamie; M. Kim

    1999-01-01

    In this paper we present a model for the value of a firm based on observable variables and parameters: the annual turnover, the expenses, interest rates. This value is the solution of a parabolic partial differential equation. We show how the value of the company depends on its legal status such as its liability (i.e. whether it is a Limited Company or a sole trader/partnership). We give examples of how the operating procedures can be optimised (e.g. whether the firm should close down, reloca...

  19. Modelling quality dynamics on business value and firm performance in big data analytics environment

    OpenAIRE

    Ji-fan Ren, S; Fosso Wamba, S; Akter, S; Dubey, R; Childe, SJ

    2017-01-01

    Big data analytics have become an increasingly important component for firms across advanced economies. This paper examines the quality dynamics in big data environment that are linked with enhancing business value and firm performance. The study identifies that system quality (i.e., system reliability, accessibility, adaptability, integration, response time and privacy) and information quality (i.e., completeness, accuracy, format and currency) are key to enhance business value and firm perf...

  20. Critical values of the Yang-Yang functional in the quantum sine-Gordon model

    International Nuclear Information System (INIS)

    Lukyanov, Sergei L.

    2011-01-01

    The critical values of the Yang-Yang functional corresponding to the vacuum states of the sine-Gordon QFT in the finite-volume are studied. Two major applications are discussed: (i) generalization of Fendley-Saleur-Zamolodchikov relations to arbitrary values of the sine-Gordon coupling constant, and (ii) connection problem for a certain two-parameter family of solutions of the Painleve III equation.