The paper focused on measuring efficiency of investment strategies and portfolio optimization based on dynamic portfolio formation using the global minimum variance approach in a region of central European countries. The paper analyses DCC GARCH model, which was employed in order to obtain...

The study concentrates on an analysis of the Czech stock market performed by an application of DCC MV GARCH model of Engle (2002). Data sample including years from 1994 to 2009 is represented by daily returns of Prague Stock Exchange index and other 11 major stock indices. There is found an...

The dynamics of a direct-heated closed Brayton power conversion system (PCS) with supercritical carbon-dioxide as the working-fluid (sCO2 PCS) is investigated in this study. Simulations of the dynamic response of the sCO2 PCS to changes in ambient air temperatures and solar energy input from...

The effect of the relative hot-to-cold side volume-ratios on dynamic characteristics of a CBC (closed Brayton cycle) with sCO2 (supercritical carbon-dioxide) as the working-fluid is investigated in this study. The analysis of the CBC is conducted in the context of power generation in a...

The performance of a fuel cell can be expressed by the voltage–load current (V–I) characteristics. In this study, two mathematical modelling for computing the steady-state and dynamic voltage–current (V–I) characteristics of PEM fuel cell stacks have been developed. For determining the...

The low grade heat utilization is not only an inevitable option to solve the energy and environment problems, but also a critical issue for many remote power applications and planetary explorations. In this study, a novel design called a heat engine aerobot which can convert planetary...