In order to promote the desulfurization efficiency of calcium-based sorbents during coal combustion in traveling grate boilers, the influences on sulfur removal of the thermal conditions and the sorbents were discussed in this paper. It was found that the SO2 concentration first rises, then...

The design of the flow field greatly affects the flow distribution and the final performance of the proton exchange membrane fuel cell (PEMFC) system. The clamping force between the gas diffusion layer (GDL) and the flow field plate (FFP) will cause the inhomogeneous compression of the GDL. Then...

Parabolic solar dish concentrator with sphere receiver is less studied. We present an analytic function to calculate the intercept factor of the system with real sun brightness distribution and Gaussian distribution, the results indicate that the intercept factor is related to the rim angle of...

We analyze the robustness properties of the Snell envelope backward evolution equation for the discrete time optimal stopping problem. We consider a series of approximation schemes, including cut-off type approximations, Euler discretization schemes, interpolation models, quantization tree...

The aim of this article is to give a general introduction to the theory of interacting particle methods, and an overview of its applications to computational finance. We survey the main techniques and results on interacting particle systems and explain how they can be applied to the numerical...

We present a new algorithm to compute the Snell envelope in the specific case where the criteria to optimize is associated with a small probability or a rare event. This new approach combines the Stochastic Mesh approach of Broadie and Glasserman with a particle approximation scheme based on a...

Lin, Cai, and Li [Lin, Y., Cai, F., Li, Z., 1998. Competition, policy burdens, and state-owned enterprise reform. American Economic Review 88, 422-327] argue that under information asymmetry, SOE managers can use state-imposed policy burdens as excuses of poor performance and make the State...

We firstly combine multi-scale method (MS) and weighted-permutation entropy (WPE) to analyze chaotic, noisy, and fractal time series, and find that MSWPE can distinguish different nonlinear time series and exhibit a better robustness in the presence of higher levels of noise, a task that...

Existing studies disagree over the basic determinants of capital structure in Chinese firms. We identify profitability, industry leverage, asset growth, tangibility, firm size, state control, and the largest shareholding as reliable core factors explaining book leverage. Compared with evidence...