Showing 1 - 10 of 14
This study describes an investigation into predicting the major flow properties in wake-stabilised jet flames in a cross flow of air using first- and second-order turbulence models, applied within a RANS (Reynolds-averaged Navier–Stokes) modelling framework. Standard and RNG (re-normalisation...
Persistent link: https://www.econbiz.de/10011053433
China has long been the world's most populous nation and faced the double challenge of ensuring its food security without causing catastrophic damage to the environment. Since the early 1960s, Chinese agricultural development has been premised on large domestic increases in nitrogen (N)...
Persistent link: https://www.econbiz.de/10005384358
Randomness and regularities in Finance are usually treated in probabilistic terms. In this paper, we develop a completely different approach in using a non-probabilistic framework based on the algorithmic information theory initially developed by Kolmogorov (1965). We present some elements of...
Persistent link: https://www.econbiz.de/10011261691
How do microeconomic frictions and microeconomic heterogeneity affect macroeconomic dynamics? We revisit the recent claim in the literature that nonconvex capital adjustment costs do not matter for aggregate dynamics. We argue that the neutrality of fixed adjustment frictions in general...
Persistent link: https://www.econbiz.de/10011188529
The difficulty of charging electric vehicles (EVs) is now hindering their further development. Governments generally choose to build stations for home charging (including piles) within residential communities. Given the conflict of interest between various government agencies and property...
Persistent link: https://www.econbiz.de/10011190061
Persistent link: https://www.econbiz.de/10010825952
In this paper, thermodynamic calculations of nozzle governing stage are taken based on APROS (Advanced Process Simulation), and verify through the comparison of experiment table data. The influence of partial admission on pressure ratio within the governing stage is also analyzed. The results...
Persistent link: https://www.econbiz.de/10010811542
In this paper we estimate a dominant firm-competitive fringe model for the crude oil market using quarterly data on oil prices for the 1986-2009 period. All the estimated structural parameters have the expected sign and are significant at standard test levels. We find that OPEC exercised its...
Persistent link: https://www.econbiz.de/10010787783
How does globalization affect the income gaps between the rich and the poor? This paper presents a new piece of empirical evidence showing that access to the global market, either through exporting or through multinational production, is associated with a higher executive-to-worker pay ratio...
Persistent link: https://www.econbiz.de/10010859471
We survey the main applications of algorithmic (Kolmogorov) complexity to the problem of price dynamics in financial markets. We stress the differences between these works and put forward a general algorithmic framework in order to highlight its potential for financial data analysis. This...
Persistent link: https://www.econbiz.de/10011043147