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We consider asymptotic distributions of maximum deviations of sample covariance matrices, a fundamental problem in high-dimensional inference of covariances. Under mild dependence conditions on the entries of the data matrices, we establish the Gumbel convergence of the maximum deviations. Our...
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Purpose – The purpose of this paper is to provide a new way of rethinking banking models by using qualitative research on intangibles. This is required because the banking sector has been transformed significantly by the changing environment over the past two decades. The 2007-2009 financial...
Persistent link: https://www.econbiz.de/10010796459
We construct a delta-kicked model for the quantum ratchet effect. Two symmetric flashing potentials alternately act on a particle with a symmetric and homogeneous initial state of zero momentum. Ratchet currents emerge when quantum resonances are excited. We give some results and compare our...
Persistent link: https://www.econbiz.de/10010873959
The Yangtze River Delta region is an area highly vulnerable to flooding. As the population density is rising concomitantly with high economic growth, this region is becoming more vulnerable to natural hazards. We conducted a survey to investigate the individual risk perception of both the local...
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In the present study, copper vanadium phosphate (CuVOP) with three-dimensional network structure was synthesized by hydrothermal method, and was characterized by Infrared spectrum (IR), elemental analysis (EA), EDXRF (energy dispersive X ray fluorescence) etc. Moreover, soybean oil was used as...
Persistent link: https://www.econbiz.de/10011055763
We investigate a time-asymmetric delta-kicked model for the quantum ratchet effect, in which a flashing potential acts on a particle at unequal time intervals. Ratchet currents emerge when quantum resonances are excited. The currents in time-asymmetric models may be stronger than those found in...
Persistent link: https://www.econbiz.de/10010939938
In this paper, we obtain the moderate deviation principle for a sequence of Brownian motions defined on the unit sphere in Rd by using the cumulant method introduced by  Puhalskii (1994b) and generalize it to Ornstein–Uhlenbeck processes taking values on the unit sphere in Rd.
Persistent link: https://www.econbiz.de/10011039935
We propose a nonparametric model for global cost minimization as a framework for optimal allocation of a firm's output target across multiple locations, taking account of differences in input prices and technologies across locations. This should be useful for firms planning production sites...
Persistent link: https://www.econbiz.de/10005800238