Download or read book The Statistical Mechanics of Financial Markets written by Johannes Voit and published by Springer Science & Business Media. This book was released on 2005-12-28 with total page 385 pages. Available in PDF, EPUB and Kindle. Book excerpt: The present third edition of The Statistical Mechanics of Financial Markets is published only four years after the ?rst edition. The success of the book highlights the interest in a summary of the broad research activities on the application of statistical physics to ?nancial markets. I am very grateful to readers and reviewers for their positive reception and comments. Why then prepare a new edition instead of only reprinting and correcting the second edition? The new edition has been signi?cantly expanded, giving it a more pr- tical twist towards banking. The most important extensions are due to my practical experience as a risk manager in the German Savings Banks’ As- ciation (DSGV): Two new chapters on risk management and on the closely related topic of economic and regulatory capital for ?nancial institutions, - spectively, have been added. The chapter on risk management contains both the basics as well as advanced topics, e. g. coherent risk measures, which have not yet reached the statistical physics community interested in ?nancial m- kets. Similarly, it is surprising how little research by academic physicists has appeared on topics relating to Basel II. Basel II is the new capital adequacy framework which will set the standards in risk management in many co- tries for the years to come. Basel II is responsible for many job openings in banks for which physicists are extemely well quali?ed. For these reasons, an outline of Basel II takes a major part of the chapter on capital.

Download or read book Mathematicians of the World Unite written by Guillermo Curbera and published by CRC Press. This book was released on 2009-02-23 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: This vividly illustrated history of the International Congress of Mathematicians- a meeting of mathematicians from around the world held roughly every four years- acts as a visual history of the 25 congresses held between 1897 and 2006, as well as a story of changes in the culture of mathematics over the past century. Because the congress is an int

Download or read book Mathematical Modelling in Biomedicine written by Vitaly Volpert and published by MDPI. This book was released on 2021-01-26 with total page 224 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mathematical modelling in biomedicine is a rapidly developing scientific discipline at the intersection of medicine, biology, mathematics, physics, and computer science. Its progress is stimulated by fundamental scientific questions and by the applications to public health. This book represents a collection of papers devoted to mathematical modelling of various physiological problems in normal and pathological conditions. It covers a broad range of topics including cardiovascular system and diseases, heart and brain modelling, tumor growth, viral infections, and immune response. Computational models of blood circulation are used to study the influence of heart arrhythmias on coronary blood flow and on operating modes for left-ventricle-assisted devices. Wave propagation in the cardiac tissue is investigated in order to show the influence of tissue heterogeneity and fibrosis. The models of tumor growth are used to determine optimal protocols of antiangiogenic and radiotherapy. The models of viral hepatitis kinetics are considered for the parameter identification, and the evolution of viral quasi-species is investigated. The book presents the state-of-the-art in mathematical modelling in biomedicine and opens new perspectives in this passionate field of research.

Download or read book European Perspectives on Learning at Work written by Martin Fischer and published by Luxembourg : Office for Official Publications of the European Communities. This book was released on 2004 with total page 412 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recoge: 1. Introduction and overview - 2. Individual and organisational dimensions of work process knowledge - 3. Explicit and implicit learning at work - 4. Learning at work: obstacles and opportunities - 5. Analysis of work process knowledge for teaching and learning - 6. Design of curricula and work process knowledge - 7. Policy issues.

Download or read book Information Consciousness Reality written by James B. Glattfelder and published by Springer. This book was released on 2019-04-10 with total page 673 pages. Available in PDF, EPUB and Kindle. Book excerpt: This open access book chronicles the rise of a new scientific paradigm offering novel insights into the age-old enigmas of existence. Over 300 years ago, the human mind discovered the machine code of reality: mathematics. By utilizing abstract thought systems, humans began to decode the workings of the cosmos. From this understanding, the current scientific paradigm emerged, ultimately discovering the gift of technology. Today, however, our island of knowledge is surrounded by ever longer shores of ignorance. Science appears to have hit a dead end when confronted with the nature of reality and consciousness. In this fascinating and accessible volume, James Glattfelder explores a radical paradigm shift uncovering the ontology of reality. It is found to be information-theoretic and participatory, yielding a computational and programmable universe.

Download or read book Impressionism Reflections and Perceptions written by Meyer Schapiro and published by George Braziller Publishers. This book was released on 1997 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presents a revision of the late Columbia University art historian's lectures given at Indiana University in 1961.

Download or read book Glass Construction Manual written by Christian Schittich and published by Walter de Gruyter. This book was released on 2012-12-10 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: Glass offers a wide variety of possible applications for the realization of even the most ambitious designs in architecture, and in the past two decades it has experienced an unparalleled burst of innovation. For planners, this means working constantly with this high-performance material. In compact and appealing form, the completely revised Glass Construction Manual presents the current state of the art on planning and building with glass, from the history through the technical foundations all the way to the most innovative applications. Astonishing perspectives on thermal insulation and solar protection and the addition of thoughtfully selected new practical examples round off this comprehensive reference work.

Download or read book The Debate on Probable Opinions in the Scholastic Tradition written by Rudolf Schuessler and published by BRILL. This book was released on 2019-03-25 with total page 539 pages. Available in PDF, EPUB and Kindle. Book excerpt: In The Debate on Probable Opinions in the Scholastic Tradition, Rudolf Schuessler portrays scholastic approaches to a qualified disagreement of opinions. The book outlines how scholastic regulations concerning the use of opinions changed in the early modern era, giving rise to an extensive debate on the moral and epistemological foundations of reasonable disagreements. The debate was fueled by probabilism and anti-probabilism in Catholic moral theology and thus also serves as a gateway to these doctrines. All developments are outlined in historical context, while special attention is paid to the evolution of scholastic notions of probability and their importance for the emergence of modern probability.

Download or read book The Black Swan written by Nassim Nicholas Taleb and published by Random House Digital, Inc.. This book was released on 2009-10-13 with total page 388 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the author's point of view, a black swan is an improbable event with three principal characteristics - It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random, and more predictable, than it was. Why do we not acknowledge the phenomenon of black swans until after they occur? Part of the answer, according to Taleb, is that humans are hardwired to learn specifics when they should be focused on generalities. We concentrate on things we already know and time and time again fail to take into consideration what we don't know. We are, therefore, unable to truly estimate opportunities, too vulnerable to the impulse to simplify, narrate, and categorize, and not open enough to rewarding those who can imagine the 'impossible'.

Download or read book Work Process Knowledge written by Nicholas Boreham and published by Routledge. This book was released on 2003-08-27 with total page 291 pages. Available in PDF, EPUB and Kindle. Book excerpt: Work Process Knowledge brings together the findings of twenty-four leading researchers on new forms of work and the demands these place on workers' knowledge and skill. Their findings, based on a new set of investigations in a wide range of manufacturing and service industries, identify the kinds of knowledge required to work effectively in the post-Taylorist industrial organization. Raising fundamental issues for current industrial policy, science and technology policy, and ways of managing the post-Taylorist organization and developing human resources, this book will be of essential interest to academics and professionals working in the fields of management, human resource development, and workplace learning.

Download or read book Incerto 4 Book Bundle written by Nassim Nicholas Taleb and published by Random House. This book was released on 2016-01-26 with total page 1253 pages. Available in PDF, EPUB and Kindle. Book excerpt: Nassim Nicholas Taleb’s landmark Incerto series is an investigation of luck, uncertainty, probability, opacity, human error, risk, disorder, and decision-making in a world we don’t understand, in nonoverlapping and standalone books. All four volumes—Antifragile, The Black Swan, Fooled by Randomness, and the expanded edition of The Bed of Procrustes, updated with more than 50 percent new material—are now together in one ebook bundle. ANTIFRAGILE “Startling . . . richly crammed with insights, stories, fine phrases and intriguing asides.”—The Wall Street Journal Just as human bones get stronger when subjected to stress and tension, many things in life benefit from disorder, volatility, and turmoil. What Taleb has identified and calls “antifragile” is that category of things that not only gain from chaos but need it in order to survive and flourish. The resilient resists shocks and stays the same; the antifragile gets better and better. What is crucial is that the antifragile loves errors, as it incurs small harm and large benefits from them. Spanning politics, urban planning, war, personal finance, economic systems, and medicine in an interdisciplinary and erudite style, Antifragile is a blueprint for living in a Black Swan world. THE BLACK SWAN “[A book] that altered modern thinking.”—The Times (London) A black swan is a highly improbable event with three principal characteristics: It is unpredictable; it carries a massive impact; and, after the fact, we concoct an explanation that makes it appear less random and more predictable. The astonishing success of Google was a black swan; so was 9/11. In this groundbreaking and prophetic book, Taleb shows that black swan events underlie almost everything about our world, from the rise of religions to events in our own personal lives, and yet we—especially the experts—are blind to them. FOOLED BY RANDOMNESS “[Fooled by Randomness] is to conventional Wall Street wisdom approximately what Martin Luther’s ninety-five theses were to the Catholic Church.”—Malcolm Gladwell, The New Yorker Are we capable of distinguishing the fortunate charlatan from the genuine visionary? Must we always try to uncover nonexistent messages in random events? Fooled by Randomness is about luck: more precisely, about how we perceive luck in our personal and professional experiences. Set against the backdrop of the most conspicuous forum in which luck is mistaken for skill—the markets—Fooled by Randomness is an irreverent, eye-opening, and endlessly entertaining exploration of one of the least understood forces in our lives. THE BED OF PROCRUSTES “Taleb’s crystalline nuggets of thought stand alone like esoteric poems.”—Financial Times This collection of aphorisms and meditations expresses Taleb’s major ideas in ways you least expect. The Bed of Procrustes takes its title from Greek mythology: the story of a man who made his visitors fit his bed to perfection by either stretching them or cutting their limbs. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical views of courage, elegance, and erudition against the modern diseases of nerdiness, philistinism, and phoniness.

Download or read book Dependency Linguistics written by Kim Gerdes and published by John Benjamins Publishing Company. This book was released on 2014-09-15 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This volume offers the reader a unique possibility to obtain a concise introduction to dependency linguistics and to learn about the current state of the art in the field. It unites the revised and extended versions of the linguistically-oriented papers to the First International Conference on Dependency Linguistics held in Barcelona. The contributions range from the discussion of definitional challenges of dependency at different levels of the linguistic model, its role beyond the classical grammatical description, and its annotation in dependency treebanks to concrete analyses of various cross-linguistic phenomena of syntax in its interplay with phonetics, morphology, and semantics, including phenomena for which classical simple phrase-structure based models have proven to be unsatisfactory. The volume will be thus of interest to both experts and newcomers to the field of dependency linguistics and its computational applications.

Download or read book Structured Finance and Insurance written by Christopher L. Culp and published by John Wiley & Sons. This book was released on 2011-09-13 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt: Praise for Structured Finance & Insurance "More and more each year, the modern corporation must decide what risks to keep and what risks to shed to remain competitive and to maximize its value for the capital employed. Culp explains the theory and practice of risk transfer through either balance sheet mechanism such as structured finance, derivative transactions, or insurance. Equity is expensive and risk transfer is expensive. As understanding grows, and, as a result, costs continue to fall, ART will continue to replace equity as the means to cushion knowable risks. This book enhances our understanding of ART." --Myron S. Scholes, Frank E. Buck Professor of Finance, Emeritus, Graduate School of Business, Stanford University "A must-read for everyone offering structured finance as a business, and arguably even more valuable to any one expected to pay for such service." --Norbert Johanning, Managing Director, DaimlerChrysler Financial Services "Culp's latest book provides a comprehensive account of the most important financing and risk management innovations in both insurance and capital markets. And it does so by fitting these innovative solutions and products into a single, unified theory of financial markets that integrates the once largely separate disciplines of insurance and risk management with the current theory and practice of corporate finance." --Don Chew, Editor, Journal of Applied Corporate Finance (a Morgan Stanley publication) "This exciting book is a comprehensive read on alternative insurance solutions available to corporations. It focuses on the real benefits, economical and practical, of alternatives such as captives, rent-a-captive, and mutuals. An excellent introduction to the very complex field of alternative risk transfer (ART)." --Paul Wohrmann, PhD, Head of the Center of Excellence ART and member of theExecutive Management of Global Corporate in Europe, Zurich Financial Services "Structured Finance and Insurance transcends Silos to reach the Enterprise Mountaintop. Culp superbly details integrated, captive, multiple triggers and capital market products, and provides the architectural blueprints for enterprise risk innovation." --Paul Wagner, Director, Risk Management, AGL Resources Inc.

Download or read book The Beauty of Fractals written by Heinz-Otto Peitgen and published by Springer Science & Business Media. This book was released on 1986-07 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: Now approaching its tenth year, this hugely successful book presents an unusual attempt to publicise the field of Complex Dynamics. The text was originally conceived as a supplemented catalogue to the exhibition "Frontiers of Chaos", seen in Europe and the United States, and describes the context and meaning of these fascinating images. A total of 184 illustrations - including 88 full-colour pictures of Julia sets - are suggestive of a coffee-table book. However, the invited contributions which round off the book lend the text the required formality. Benoit Mandelbrot gives a very personal account, in his idiosyncratic self-centred style, of his discovery of the fractals named after him and Adrien Douady explains the solved and unsolved problems relating to this amusingly complex set.

Download or read book The Bed of Procrustes written by Nassim Nicholas Taleb and published by Random House. This book was released on 2010-11-30 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: The author of the modern classics The Black Swan, Fooled by Randomness, and Antifragile, Nassim Nicholas Taleb expresses major ideas in ways you least expect in this collection of aphorisms and meditations—now expanded with fifty percent more material than the hardcover. The Bed of Procrustes takes its title from the Greek myth of a man who made his visitors fit his bed to perfection, either by stretching them or by cutting their limbs. It represents Taleb’s view of modern civilization’s hubristic side effects—modifying humans to satisfy technology, blaming reality for not fitting economic models, inventing diseases to sell drugs, defining intelligence as what can be tested in a classroom, and convincing people that employment is not slavery. Playful and irreverent, these aphorisms will surprise you by exposing self-delusions you have been living with but never recognized. With a rare combination of pointed wit and potent wisdom, Taleb plows through human illusions, contrasting the classical values of courage, elegance, and erudition with the modern diseases of nerdiness, philistinism, and phonies.

Download or read book The Fractal Geometry of Nature written by Benoit Mandelbrot and published by Echo Point Books & Media, LLC. This book was released on 2021-07-16 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written in a style that is accessible to a wide audience, The Fractal Geometry of Nature inspired popular interest in this emerging field. Mandelbrot's unique style, and rich illustrations will inspire readers of all backgrounds.

Download or read book Purity is a Myth written by Zanna Gilbert and published by . This book was released on 2021 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: "Purity Is a Myth presents new scholarship on Concrete art in Argentina, Brazil, and Uruguay from the 1940s to the 1960s"--