Distributed Containment Control with Multiple Dynamic Leaders for Double-Integrator Dynamics Using Only Position Measurements

Size: px
Start display at page:

Download "Distributed Containment Control with Multiple Dynamic Leaders for Double-Integrator Dynamics Using Only Position Measurements"

Transcription

1 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE Disribued Coaime Corol wih Muliple Dyamic Leaders for Double-Iegraor Dyamics Usig Oly Posiio Measuremes Jiazhe Li, Wei Re, Member, IEEE, ad Shegyua Xu Absrac This oe sudies he disribued coaime corol problem for a group of auoomous vehicles modeled by double-iegraor dyamics wih muliple dyamic leaders. The objecive is o drive he followers io he covex hull spaed by he dyamic leaders uder he cosrais ha he velociies ad he acceleraios of boh he leaders ad he followers are o available, he leaders are eighbors of oly a subse of he followers, ad he followers have oly local ieracio. Two coaime corol algorihms via oly posiio measuremes of he ages are proposed. Theoreical aalysis shows ha he followers will move io he covex hull spaed by he dyamic leaders if he ework opology amog he followers is udireced, for each follower here exiss a leas oe leader ha has a direced pah o he follower, ad he parameers i he algorihm are properly chose. Numerical resuls are provided o illusrae he heoreical resuls. Idex Terms Coaime corol, disribued corol, double-iegraor dyamics, muli-age sysems. I. INTRODUCTION The disribued muli-vehicle cooperaive corol has received icreasig aeio from researchers i differe areas. This is due o is broad applicaios ad is advaages such as low cos, high adapiviy, ad easy maieace, compared wih is ceralized couerpar. The leaderless cosesus problem is a fudameal problem i disribued muli-vehicle cooperaive corol. The objecive is o reach a agreeme o cerai quaiies of ieres amog he vehicles hrough local ieracio. Recely, sigifica progress has bee made i he leaderless cosesus problem (See [] [3] ad refereces herei). A more challegig problem i disribued muli-vehicle cooperaive corol is he coordiaed rackig problem, where here exiss a sigle or muliple dyamic leaders. I he sigle-leader case, he objecive is o drive he saes of he followers o approach he sae of he dyamic leader. This problem ad is varias were ivesigaed i [4] [7], [6]. I he muli-leader case, he objecive is o drive he saes of he followers io he covex hull spaed by hose of he dyamic leaders, also called he coaime corol problem. The coaime corol problem has may applicaios i pracice. For example, suppose ha a group of robos are o move from oe place o aoher, bu oly a subse of hem has he abiliy o deec he hazardous obsacles. This subse of robos ca be desiged as leaders. The oher robos Mauscrip received Ocober 4, 2; revised April 8, 2 ad April 2, 2; acceped Augus 29, 2. Dae of publicaio November 3, 2; dae of curre versio May 23, 22. This work was suppored by Naioal Sciece Foudaio uder gra ECCS-2393, he Naioal Naural Sciece Foudaio of Chia uder Gras 67443, 647, 69422, ad 626, ad he Qig La Projec. Recommeded by Associae Edior Y. Hog. J. Li is wih he School of Auomaio, Najig Uiversiy of Sciece ad Techology, Najig 294, Chia ad was also wih he Deparme of Elecrical ad Compuer Egieerig, Uah Sae Uiversiy, Loga, UT USA ( jiazheli983@yahoo.com.c). W. Re is wih he Deparme of Elecrical Egieerig, Uiversiy of Califoria, Riverside, CA 9252 USA ( re@ee.ucr.edu). S. Xu is wih he School of Auomaio, Najig Uiversiy of Sciece ad Techology, Najig 294, Chia ( syxu2@yahoo.com.c). Digial Objec Ideifier.9/TAC ca be desigaed as followers. For he followers, oe way o reach he arge area safely is o say i he movig safe area formed by he leaders. I [8], a sop-ad-go sraegy was proposed for vehicles modeled by sigle-iegraor kiemaics uder a fixed udireced ework opology. I [9], he parial differeial equaio heory was exploied ad a hybrid corol schemes was proposed for he leaders. A exesio o a swichig direced ework opology was give i [], where he Lyapuov-based approach was used. I [], he se ipu-o-sae sabiliy ad he se iegral ipu-o-sae sabiliy problems were cosidered for muli-age sysems wih muliple leaders, where all he followers had oliear eighbor-based coordiaio rules. Noe ha [8] [] cosider he muli-age sysems wih sigle-iegraor dyamics. I [2], he followers were assumed o have double-iegraor dyamics, bu he dyamics of he leaders were sigle iegraors. I [3], boh he leaders ad he followers have double-iegraor dyamics. However, he algorihms proposed i [3] require he velociy measuremes o be available. I realiy, i is more difficul o obai velociy ad acceleraio measuremes ha posiio measuremes. We are hece moivaed o desig disribued coaime corol algorihms for auoomous vehicles wih double-iegraor dyamics i he presece of muliple dyamic leaders usig oly posiio measuremes. The case where here exiss a sigle dyamic leader ca be reaed as a special case of muliple dyamic leaders. Whe he absolue posiio measuremes of he vehicles are available, we propose a disribued fiie-ime coaime corol algorihm. We show ha he followers are drive io he covex hull spaed by he dyamic leaders i fiie ime if he ework opology amog he followers is udireced, for each follower here exiss a leas oe leader ha has direced pah o he follower, ad he parameers i he algorihm are properly chose. Whe he absolue posiio measuremes of he vehicles are o available, we propose a disribued adapive coaime corol algorihm usig he relaive posiio measuremes. We show ha he followers will ulimaely move io he covex hull spaed by he dyamic leaders uder similar codiios o he case where he absolue posiio measuremes are available. The salie feaures of he algorihms proposed i his oe are as follows. Firs, boh algorihms ca solve he disribued coaime corol problem wih muliple dyamic leaders for vehicles wih double-iegraor dyamics while removig he requireme o he velociy measuremes. Secod, he firs algorihm guaraees fiie-ime covergece wihou he requireme ha he velociies of he leaders are ideical. Third, i he secod algorihm, he boud o he acceleraios of he leaders is o required o be kow. Fourh, he parameers i he secod algorihm are o required o saisfy ay codiio relaed o he ework opology. I coras, exisig algorihms for vehicles wih double-iegraor dyamics i [3] require he velociy measuremes, ca guaraee fiie-ime covergece oly whe he velociies of he leaders are ideical, require he boud o he acceleraios of he leaders o be kow, ad require parameers i he algorihm o saisfy a cerai codiio relaed o he ework opology whe he acceleraios of he leaders are o ideical. A prelimiary versio of he work has appeared i [5]. T Noaios: Defie p p [; ; ] 2. Give a p ad 2, defie sig() vecor [; ; p] T 2 [sg()jj ; ; sg( p)j pj ] T ad sg() [sg(); ; sg( p )] T, where sg() is he sigum fucio. We use diag(; ; p ) o deoe he diagoal marix of all ; ; p ;(l) o deoe he lh eleme of, ad I p o deoe he p by p ideical marix /$26. 2 IEEE

2 554 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE 22 II. BACKGROUND AND PRELIMINARIES Cosider a group of s vehicles. We use a graph G (V; E) o deoe he ework opology amog vehicles o s, where V f; ;g is he ode se ad EV2Vis he edge se. A direced edge (j; i) 2Eif vehicle i ca access iformaio from vehicle j bu o ecessarily vice versa. A udireced edge (j; i) 2Eif vehicle i ad vehicle j ca access iformaio from each oher. Here we assume ha (i; i) 62 E. The eighbor se N i of vehicle i is defied as N i fjj(j; i) 2Eg. Suppose ha vehicles o have a leas oe eighbor ad vehicles o have o eighbor. We call vehicles o he followers ad vehicles o he leaders. A graph is udireced if (i; j) 2Eimplies ha (j; i) 2E. We assume ha he graph associaed wih he followers are udireced ad furher assume ha a ij aji, i; j ; ;. A direced pah is a sequece of direced edges of he form (i ;i 2), (i 2;i 3);..., where i j 2V. A udireced pah is defied aalogously. The adjacecy marix A d [aij ] 2 ()2() is defied as a ij > if (j; i) 2Ead a ij oherwise. I is easy o see ha a ij, i ; ;, j ; ; because he leaders have o eighbors. The Laplacia marix L [l ij] 2 ()2() is defied as l ii ;j6i a ij ad l ij a ij, i 6 j. Noe ha L ca be rewrie as L L L 2 s2 s2s : () Suppose ha all he vehicles have double-iegraor dyamics give by _x i () v i (); _v i () u i (); i ; ; s (2) where x i (), v i () ad u i () 2 m are, respecively, he posiio, velociy ad corol ipu associaed wih he ih vehicle. Suppose ha all leaders corol ipus have bee a priori chose as u i () f i (), i ; ; s, where f i() specify he leaders acceleraios ad hece he dyamic covex hull formed by he leaders. I his oe, we focus o he coroller desig for he followers. We have he followig defiiio. Defiiio 2.: Le C p. The se C is said o be covex if for ay x ad y i C, he poi ( )x y is i C for ay 2 [; ]. The covex hull of a se of pois X fx ; ;x qg is he miimal covex se coaiig all pois i X. We use Co(X) o deoe he covex hull of X. Le () Cofx (); ;x ()g ad 7() Cofv (); ;v ()g. The objecive of he disribued coaime corol problem is o desig u i () for all he followers such ha he followers move io he covex hull spaed by he dyamic leaders, i.e., if y()2() kx i () y()k! ad if y()27() kv i() y()k!, i ; ;,as!. Before movig o, we eed he followig assumpios ad lemmas. Assumpio 2.2: kv i()k, kf i()k ad k f _ i()k, i ; ; s, are all bouded. Assumpio 2.3: For each follower, here exiss a leas oe leader ha has a direced pah o he follower. Lemma 2.: [4] Uder Assumpio 2.3, L defied i () is symmeric posiive defiie. Noe from Lemma 2. ha L is iverible. Le x L () [x T (); ;x T ()] T, v L () [v(); T ;v()] T T, ad x d () [x T d(); ;x T d()] T (L L 2 I m)xl(), where x di () 2 m. I follows ha x d () (L L 2 I m )v L () ad x d () (L L 2 I m )_v L (). Lemma 2.2: Uder Assumpio 2.3, if y()2() kx di ()y()k ad if y()27() k _x di () y()k, i ; ;, for all. Proof: Uder Assumpio 2.3, by Lemma 4 i [4] we kow ha each ery of L L 2 is oegaive ad each row sum of L L 2 is equal o oe, which implies ha if y()2() kx di () y()k ad if y()27() k _x di () y()k, i ; ;. Noe from Lemma 2.2 ha x di () ad _x di () belog o, respecively, he covex hull formed by he posiios ad velociies of he leaders. If for each follower x i() ca be drive o xdi () ad v i() ca be drive o _x di (), he he coaime corol problem is solved. Therefore, x di () ad _x di () ca be regarded as, respecively, he desired posiio ad velociy of he ih follower i he covex hull formed by he leaders. Because kv i ()k ad kf i ()k, i ; ; s, are bouded (see Assumpio 2.2), i follows ha k _x d ()k ad kx d ()k are also bouded. We hece assume ha k _x d ()k a ad kx d ()k b. III. MAIN RESULTS A. Coaime Corol Usig Absolue Posiio Measuremes I his secio, we assume ha he absolue posiio measuremes of he vehicles are available bu he velociy ad acceleraio measuremes are o available. We propose he followig coaime corol algorihm: u i () sg z i ()sig [x i () ^x i ()] (3a) _z i()zi()ksig fz i()g _z i () k 2 sg fz i ()g (3b) sg z i ()sig [x i () ^x i ()] (3c) _^x i() k3sg i ; ; a ij [^xi() ^xj ()] j a ij [^xi()xj()] ; (3d) where ^x i (), z i () z i () [x i () ^x i ()], for i ; ;, k, k 2, k 3, ad are posiive cosa scalars, ad a ij, i ; ;, j ; ; s, is he (i; j)h ery of he adjacecy marix A d. Throughou his oe, he soluios o he closed-loop sysems are udersood i he Filippov sese [9]. Remark 3.: I (3d), ^x i () is used o esimae x di (), like ^x fi () i [4]. As will be show i Lemma 3., usig (3d), ^x i () will coverge o x di () i fiie ime. Wihou loss of geeraliy, le ^x i() xdi () for T. Therefore, whe T, ^x i () i (3a), (3b) ad (3c) ca be replaced wih x di (). Coroller (3a) (3c) is moivaed by coroller (8) () i [8] wih a lile modificaio. I (3b) ad (3c), z i() ad z i () are adoped o esimae, respecively, x i ()x di () ad v i () _x di ().Ifz i () coverges o v i () _x di () i fiie ime, u i () i (3a) ca he drive x i() o xdi () ad v i() o _xdi () i fiie ime. Before movig o, we eed he followig lemmas. Lemma 3.: Usig (3d), k^x i() xdi ()k!, i ; ;,i fiie ime if k 3 > a. Proof: Le ^xi () ^x i () x di (), i ; ;, ^x() Followig a similar proof o ha of Theorem 2 i [4], we ca ge ha k^x i() xdi ()k!, i ; ;, i fiie ime if k 3 > a. Lemma 3.2: [7] Cosider he sysem [ ^x T (); ; ^x T ()] T ad V (2) ^x()(l I m ) ^x(). _x () x 2() k sig [x ()] ; _x 2() k 2sg [x ()] (; x) where x ();x 2 () 2, k, k 2 are cosa posiive scalars ad (; x) is a bouded perurbaio wih x [x () x 2 ()] T. Suppose ha here

3 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE exiss a symmeric posiive-defiie marix P such ha he liear marix iequaliy A T P PA " 2 C T C PBB T P< (4) is saisfied, where A 2k 2, B k, 2 C [], ad " is a posiive cosa scalar. The x () ad x 2() will coverge o zero i fiie ime for all bouded perurbaios saisfyig j(; x)j ". Lemma 3.3: [8] Cosider he sysem x() f (; x) K(; x)sgf _x()sig[x()] 2 g, where x() 2, jf (; x)j D, K m K(; x) K M, ad,, D, K m ad K M are cosa posiive scalars. The, x() ad _x() will coverge o zero i fiie ime if > K m(d ( 2 2)). Theorem 3.: Uder Assumpio 2.3, usig (3) for (2), if y()2() kx i () y()k! ad if y()27() kv i () y()k! i fiie ime if > b ( 2 2), k 3 > a ad here exis k >, k 2 > ad a symmeric posiive-defiie marix P such ha (4) is saisfied, where b. I paricular, kx i () x di ()k! ad kv i() _x di ()k!, i ; ;, i fiie ime. Proof: Noe from Lemma 3. ha here exiss a T > such ha ^x i() x di (), i ; ;, for all T. We ex show ha x i(), v i(), ^x i(), z i() ad z i(), i ; ;, will o diverge o ifiiy for all 2 [;T ]. Because from (3a) ku i ()k, i is easy o see ha x i() ad v i() are bouded for all 2 [;T ]. Because from (3d) k _^x i ()k k 3, i follows ha ^x i () is bouded for all 2 [;T ], which implies ha x i () ^x i () is bouded for all 2 [;T ]. Because from (3c) k _z i()k k 2, i follows ha z i () is bouded for all 2 [;T ]. From (3b) we have ha _z i () z i () [v i () _^x i ()] k sig[z i ()] 2. Because z i (), v i () ad _^x i() are bouded, we assume ha kz i() [v i() _^x i()]k < for all 2 [;T ]. Suppose ha jz i(l) ( )j > ( 2 k 2 ) a a cerai 2 [;T ].Ifz i(l) ( ) > ( 2 k 2 ), he i follows ha: _z i(l) ( )z i(l) ( ) v i(l) ( ) _^x i(l) ( ). k z i(l) ( ) < k z i(l) ( ) < : If z i(l) ( ) < ( 2 k 2 ), he i follows ha: _z i(l) ( )z i(l) () v i(l) ( ) _^x i(l) ( ) k z i(l) ( ) > k z i(l) ( ) > :. Therefore, because z i(l) ()j is bouded, z i(l) () will o diverge o ifiiy for all 2 [;T ], which implies ha z i(l) () will o diverge o ifiiy for all 2 [;T ]. Thus x di () ca be used o replace ^x i () for T. For T, because ^x i() x di (), i follows from (2) ad (3) ha: _~z i() ~z i() k sig [~z i()] ; _~z i() k 2sg [~z i()] x di () where ~z i() z i() ~x i(), ~z i() z i() ~x _ i(), ~x i() x i () x di (). If here exiss a symmeric posiive defiie marix P such ha (4) is saisfied, where b, i follows from Lemma 3.2 ha here exiss T 2 > T such ha ~z i() ad ~z i() for all T 2, which implies ha z i () ~x i () ad z i () ~x _ i () for all T 2. I follows from a similar saeme o he above ha x i (), v i(), z i(), z i() are all bouded for all 2 [T ;T 2]. Thus ~x _ i() ca be used o replace z i () for T 2. For T 2, because z i () ~x _ i (), he closed-loop sysem of (2) usig (3a) becomes ~x i() sgf ~x _ i()sig[~x i()] 2 gx di (). Because > b ( 2 2), i follows from Lemma 3.3 ha here exiss T 3 >T 2 such ha ~x i () ad ~x _ i () for all T 3, which implies ha kx i () x di ()k ad kv i () _x di ()k will coverge o zero i fiie ime. I follows from Lemma 2.2 ha if y()2() kx i() y()k! ad if y()27() kv i () y()k! i fiie ime. Nex we show how o choose he gais k ad k 2 i (3) such ha here exiss a symmeric posiive-defiie marix P such ha (4) is saisfied, where b. Lemma 3.4: Give a cosa ">, here exiss a symmeric-posiive defiie marix P such ha (4) is saisfied if k 2 >"ad k 2 2 k2 2 " 2 <k <k 2 2 k2 2 " 2. Proof: Le P z 2. I is easy o see ha P is symmeric 2 posiive defiie if ad oly if z>4. For a give cosa ">, we have ha A T P PA " 2 C T C PBB T P k z 4k 2 4" 2 k k 2 2 z 2 k k 2 2 z 2 : Suppose ha k 2 > " ad k 2 2 k 2 2 " 2 < k < k 2 2 k 2 2 " 2. I is easy o check ha here exiss z > 4 such ha k z 4k 2 4" 2 (k k 2 (2)z 2) 2 <, which implies ha A T P PA " 2 C T C PBB T P<. B. Coaime Corol Usig Relaive Posiio Measuremes I his secio, we assume ha he relaive posiio measuremes of he vehicles are available bu he velociy ad acceleraio measuremes are o available. We propose he followig algorihm: u i () D i ()sg k _^v i () D i ()sg k i ; ; a ij [x i ()x j ()] a ij [x i ()x j ()] k 2^v i () (5a) a ij [x i ()x j ()] a ij [x i()x j()] k 2^v i(); (5b) where ^v i () for i ; ;, D i () diag[d i (); ;d im ()] wih d il () a ij x i(l) () x j(l) () a ij x i(l) ( ) x j(l) ( ) d (6) for l ; ;m, ad k ad k 2 are cosa posiive scalars. Remark 3.2: Because he velociies of he followers are o available, we use ^v i() o esimae v i() for i ; ;. Sice oly relaive posiio measuremes are available, i is difficul o esimae v i () accuraely. Therefore, we le _^v i () _v i () for i ; ;, so ha v i() ^v i() v i() ^v i() for i ; ;. I he followig aalysis we will show ha his is eough o guaraee ha he followers move io he covex hull formed by he leaders. Defie i () a ij [x i () x j ()], i () j a ij [k 2 v j () f j ()] ad v i () i ; ;. Also defie 9() ^v i () v i (), [ T (); ; T ()] T,

4 556 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE 22 8() [ T (); ; T ()] T ad v() [v T (); ; v T ()] T. Because kv i ()k, kf i ()k ad k f _ i ()k, i ; ; s, are all bouded, i is easy o see ha 8() ad 8() _ are also bouded. Lemma 3.5: Uder Assumpio 2.3, cosider he fucio V () V 2 9( ) 9( _ T ) 2 k 3 sg [9( )] L I m 8( )k 2v() d Fig.. Nework opology associaed wih vehicles o 7. Here i deoes vehicle i, i ; ; 7. where k 3 is a cosa posiive scalar ad V 2 k 3 9 T ()sg[9()] 9 T ()(L I m )8()k 2 9 T ()v(). V () if k 3 saisfies k 3 > max L I m 8() _ 8() ; L I m 8() k 2 kv()k : (7) Proof: See he Appedix. Theorem 3.2: Uder Assumpio 2.3, usig (5) for (2), if y()2() kx i () y()k! ad if y()27() kv i () y()k! as!if k > ad k 2 >. I paricular, kx i() x di ()k! ad kv i () _x di ()k!, i ; ;,as!. Proof: From (2) ad (5) we kow ha _v i () _^v i () _v i (), i ; ;. I follows ha v i() v i(), i ; ;. Equaio (5a) ca be rewrie as u i () D i ()sg[ i ()] k i () k 2^v i (), i ; ;. I follows ha: i() a ij [x i() x j()] a ij fd i()sg [ i()] k i()k 2^v i()g j a ij fd j()sg [ j ()] k j()k 2^v j()g a ijf j() a ij fd i ()sg [ i ()] k i ()g k 2 a ij [v i () v i ()] k 2 a ij fd j ()sg [ j ()] k j ()g a ij v j () k 2 a ij v j () i (): (8) Noe ha (8) ca be rewrie i a vecor form as 9() (L I m )D()sg [9()] k (L I m )9() k 29() _ k2 (L I m )v() 8() (9) where D() is a block diagoal marix of all D i (), i ; ;. Cosider he followig Lyapuov fucio cadidae: V () 2 9() _ 9() T L I m 9() _ 9() V () 2 9T () k I m(k 2) L I m 9() 2 [D()mk3 m] T [D() mk 3 m] Fig. 2. Trajecories of vehicles o 7 usig (3). The circles deoe he leaders while he squares deoe he followers. where k 3 is a cosa saisfyig (7). Uder Assumpio 2.3, i follows from Lemma 2. ha L is symmeric posiive defiie, which meas ha L is also symmeric posiive defiie. Because k 3 saisfies (7), i follows from Lemma 3.5 ha V (). Because k > ad k 2 >, we have ha k I m (k 2 )(L I m ) is symmeric posiive defiie. Therefore, V () is symmeric posiive defiie wih respec o 9(), 9() _ ad D()m k 3 m. For i ; ;, l ; ;m, from (6) we have ha _ d il () I follows ha: a ij v i(l) () v j(l) () 2 sg 2 sg a ij x i(l) () x j(l) () a ij x i(l) () x j(l) () a ij x i(l) () x j(l) () : [D() m k 3 m ] T m i l m [d il () k 3 ] _D() m [d il () k 3 ] _ d il () i l 2 a ij x i(l) () x j(l) () 2 sg a ij v i(l) () v j(l) () a ij x i(l) () x j(l) () 9() 9() _ T [D() k 3 I m ] sg [9()] :

5 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE Fig. 3. Trajecories of x () x () ad v () _x () usig (3), i ; 2; 3. (a) x () x (); v () _x (). Takig he derivaive of V (), we have ha _V () 9() _ 9() T L I m 2 (L I m)d()sg [9()] k(l I m)9() (k 2 ) _ 9() k 2 (L I m )v() 8() 9() 9() _ T 2 k 3 sg [9()] L I m 8() k 2 v() 9 T () k I m (k 2 ) L I m 9() _ 9() 9() _ T [D() k 3 I m ] sg [9()] k 9() T 9() (k 2 ) 9() _ T 2 L I m _ 9(): () Because k > ad k 2 >, we have ha _ V () is egaive semidefiie. I follows ha V () is bouded, which implies ha 9(), _ 9() ad D() are all bouded. Because v() ad 8() are also bouded, i follows from (9) ha 9() is bouded. From () we have ha V () 2k 9() T _ 9() 2(k2 ) _ 9() T L I m 9(): Therefore, V () is bouded. By Barbala s Lemma we have ha V _ ()! as!, which implies ha 9()! ad _9()! as!. Le x F () [x T (); ;x T ()] T, ad v F () [v T (); ;v T ()] T, we have ha (L I m )x F ()(L 2 I m)xl()! ad (LI m)vf ()(L2I m)vl()! as!. I follows ha kx F ()x d ()k! ad kv F () _x d ()k! as!. I follows from Lemma 2.2 ha if y()2() kx i() y()k! ad if y()27() kv i() y()k! as!. IV. NUMERICAL SIMULATIONS This secio gives simulaio resuls o illusrae he heoreical resuls i Secio III. Cosider a group of hree followers ad four leaders i he 2-D space. We assume ha x 4 () [; si(2)] T, x 5 () [:8 :5; si(2)] T, x 6() [:8 :5; si(3) :5] T ad x 7 () [; si(3) :5] T. The ework opology associaed wih Fig. 4. Trajecories of vehicles o 7 usig (5). The circles deoe he leaders while he squares deoe he followers. he seve ages is show by Fig.. We le a ij if (j; i) 2 E ad a ij oherwise. The iiial posiios ad velociies of he followers are chose as x () [3; 2] T, v () [:6; :3] T, x 2 () [6; 2] T, v 2 () [:8; :] T, x 3 () [4; 4] T ad v 3 () [:; :] T. For he algorihm (3), we choose 4,, k 4, k 2 2ad k 3 3. I ca be see ha he codiios i Theorem 3. are saisfied. Fig. 2 shows he rajecories of vehicles o 7 usig (3). I ca be see ha vehicles o 3 move io he covex hull spaed by vehicles 4 o 7. Fig. 3 shows he differece bewee x i () ad x di () ad he differece bewee v i () ad _x di (), i ; 2; 3. For he algorihm (5), we choose k 5ad k 2 3. Fig. 4 shows he rajecories of vehicles o 7 usig (5). I ca be see ha vehicles o 3 move io he covex hull spaed by vehicles 4 o 7. Fig. 5 shows he differeces bewee x i() ad x di () ad he differece bewee v i() ad _xdi (), i ; 2; 3. V. CONCLUSION I his oe, he coaime corol problem has bee ivesigaed for muliple auoomous vehicles wih double-iegraor dyamics i he presece of muliple dyamic leaders. Two disribued coaime corol algorihms have bee derived uder differe cosrais. Differe from he relaed resuls i he lieraure, he proposed algorihms use oly he posiio measuremes of he leaders ad he followers. Therefore, hey ca be realized more easily.

6 558 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE 22 Fig. 5. Trajecories of x () x () ad v () _x () usig (5), i ; 2; 3. APPENDIX Proof of Lemma 3.5: Because k 3 > k(l I m )8()k k 2kv()k, we have ha _9 T ( ) k 3 sg [9( )] L I m 8( )k2v() d L I m 8( )k 2 v() d9( ) k 3 _ 9 T ( )sg [9( )] d 9 T 3 ( ) k sg [9( )] L I m 8( )k 2 v() j 9( )d L I m 8( )k2v() 9 T 3 () k sg [9()] L I m 8() k2v() V 2 V 2 9 T ( )(L I m ) _ 8( )d 9 T ( ) L I m _ 8( )d: () Because k 3 > k(l I m )[8() _ 8()]k k 2 kv()k, i he follows ha: V () V 2 V 2 9 T ( ) k 3 sg [9( )] L I m 8( ) k 2v()g d 9 T ( ) L I m _ 8( )d 9 T ( ) k 3 sg [9( )] L I m 8( ) _ 8( ) k 2v() d : (2) REFERENCES [] W. Re ad R. W. Beard, Disribued Cosesus Muli-vehicle Cooperaive Corol. Lodo, U.K.: Spriger-Verlag, 28. [2] M. Cao, A. S. Morse, ad B. D. O. Aderso, Agreeig asychroously, IEEE Tras. Auom. Corol, vol. 53, o. 8, pp , Sep. 28. [3] F. Xiao, L. Wag, J. Che, ad Y. Gao, Fiie-ime formaio corol for muli-age sysems, Auomaica, vol. 45, o., pp , 29. [4] Y. Hog, G. Che, ad L. Bushell, Disribued observers desig for leader-followig corol of muli-age eworks, Auomaica, vol. 44, o. 3, pp , 28. [5] W. Re, Muli-vehicle cosesus wih a ime-varyig referece sae, Sys. Corol Le., vol. 56, o. 7 8, pp , 27. [6] H. Su, X. Wag, ad Z. Li, Flockig of muli-ages wih a virual leader, IEEE Tras. Auom. Corol, vol. 54, o. 2, pp , Feb. 29. [7] Y. Cao, W. Re, ad Z. Meg, Deceralized fiie-ime slidig mode esimaors ad heir applicaios deceralized fiie-ime formaio rackig, Sys. Corol Le., vol. 59, o. 9, pp , 2. [8] M. Ji, G. Ferrari-Trecae, M. Egersed, ad A. Buffa, Coaime corol mobile eworks, IEEE Tras. Auom. Corol, vol. 53, o. 8, pp , Sep. 28. [9] G. Ferrari-Trecae, A. Buffa, ad M. Gai, Aalysis of coordiaio muli-age sysems hrough parial differeial equaios, IEEE Tras. Auom. Corol, vol. 5, o. 6, pp , Ju. 26. [] Y. Cao ad W. Re, Coaime corol wih muliple saioary or dyamic leaders uder a direced ieracio graph, i Proc. IEEE Cof. Decisio Corol, Shaghai, Chia, Dec. 29, pp [] G. Shi ad Y. Hog, Se rackig of muli-age sysems wih variable opologies guided by movig muliple leaders, i Proc. IEEE Cof. Decisio Corol, Alaa, GA, Dec. 2, pp [2] Y. Lou ad Y. Hog, Muli-leader se coordiaio of muli-age sysems wih radom swichig opologies, i Proc. IEEE Cof. Decisio Corol, Alaa, GA, Dec. 2, pp [3] Y. Cao, D. Suar, W. Re, ad Z. Meg, Disribued coaime corol for muliple auoomous vehicles wih double-iegraor dyamics: Algorihms ad experimes, IEEE Tras. Corol Sys. Techol., vol. 9, o. 4, pp , Jul. 2. [4] Z. Meg, W. Re, ad Z. You, Disribued fiie-ime aiude coaime corol for muliple rigid bodies, Auomaica, vol. 46, o. 2, pp , 2. [5] J. Li, W. Re, ad S. Xu, Disribued coordiaed rackig wih muliple dyamic leaders for double-iegraor ages usig oly posiio measuremes, i Proc. Amer. Corol Cof., Sa Fracisco, CA, Jul. 2, pp [6] Y. Su, P. C. Mller, ad C. Zheg, A simple oliear observer for a class of ucerai mechaical sysems, IEEE Tras. Auom. Corol, vol. 52, o. 7, pp , Jul. 27.

7 IEEE TRANSACTIONS ON AUTOMATIC CONTROL, VOL. 57, NO. 6, JUNE [7] A. Dávila, J. A. Moreo, ad L. Fridma, Opimal Lyapuov fuio selecio for reachig ime esimaio of super wisig algorihm, i Proc. IEEE Cof. Decisio Corol, Shaghai, Chia, Dec. 29, pp [8] A. Leva, Priciples of 2-slidig mode desig, Auomaica, vol. 43, o. 4, pp , 27. [9] A. F. Filippov, Differeial Equaios Wih Discoiuous Righhad Sides. Norwell, MA: Kluwer, 988. Exeded Coroller Syhesis for Coiuous Descripor Sysems Yu Feg, Mohamed Yagoubi, ad Philippe Chevrel, Member, IEEE Absrac This echical oe preses a complee soluio o he osadard H oupu feedback corol problem for coiuous descripor sysems where usable ad oproper weighig fucios are used. I such a problem, he desired coroller has o saisfy wo codiios simulaeously: (i) he closed-loop is admissible ad has a miimum H orm, (ii) oly he ieral sabiliy of a par of he closed-loop is sough. The codiio of he exisece of such a coroller is deduced. A explici characerizaio of he opimal soluio is also formulaed, based o wo geeralized algebraic Riccai equaios (GAREs) ad wo geeralized Sylveser equaios. A umerical example is icluded o illusrae he validiy of he proposed resuls. Idex Terms Comprehesive admissibiliy, descripor sysems, H orm, usable ad oproper weighs. I. INTRODUCTION Descripor (Sigular, Implici) Sysems Have Bee Aracig The Aeio Of May Researchers Over Rece Decades Due To Their Capaciy To Preserve The Srucure Of Physical Sysems Ad To Describe Saic Cosrais Ad Impulsive Behaviors. A Number Of Corol Issues Have Bee Successfully Exeded To Descripor Sysems Ad The Relaed Resuls Have Bee Repored, For Isace I [] [3] Ad The Refereces Therei. The sadard H 2 oupu feedback corol problem for descripor sysems was ivesigaed i [4], ad he opimal coroller was characerized based o wo GAREs. Laer, he auhors proposed a explici formulaio of all opimal corollers for he full iformaio ad he sae-feedback cases i [5]. They showed ha, i coras wih he sae-space case, he usual gai marix defied as a affie fucio of he GARE soluio ca be o-opimal. I boh papers, sufficie codiios abou he solvabiliy of GAREs were give. However, o he bes of he auhors kowledge, soluios o he osadard H 2 oupu feedback corol problem for descripor sysems, where usable ad oproper weighs are cosidered i he overall feedback model, have o ye bee sudied i he lieraure. I fac, he H 2 corol problem requires he defiiio of a sadard model, which is ecessarily based o he physical model of he sysem, he models of dis- Mauscrip received July 9, 2; revised Jauary, 2 ad Jue 7, 2; acceped Ocober 7, 2. Dae of publicaio November 4, 2; dae of curre versio May 23, 22. Recommeded by Associae Edior T. Zhou. The auhors are wih he Isiu de Recherche e Commuicaios e Cyberéique de Naes (IRCCyN) UMR CNRS 6597, Naes B.P. 93, Frace ad also wih he Ecole des Mies de Naes (EMN), Naes 4437, Frace ( mohamed.yagoubi@mies-aes.fr). Digial Objec Ideifier.9/TAC urbaces ad referece sigals ogeher wih he corol objecives. I his coex (as for may corol problems), i is ofe desirable o ake usable, eve oproper, weighig filers o mee he desig specificaios [6], [7]. These choices geerally resul i a osadard desig problem for plas havig usabilizable (udeecable) fiie dyamics, or eve ucorollable (uobservable) impulsive elemes due o he weighs ivolved. These udesirable elemes ca of course be reaed, for example, by sligh perurbaio o reder he problem sadard [8]. This approach is, however, vulerable o he roubles relaed o lighly-damped poles ad may lead o higher order ad o sricly proper corollers. Moreover, he mehodology of filer absorpio [7], [9] ad he heory of quasi-sabilizig soluios of Riccai equaios [], [] have also bee proposed for solvig hese osadard problems. I addiio, he auhors have equally reaed his problem for descripor sysems wih he presece of usable weighs via sae feedback i [2]. Moreover, i is worh oig ha he well-kow regulaio problems, see [3] [5] ad he refereces herei, ca also be hadled by he use of usable weighig filers. The mai coribuio of his echical oe is a ivesigaio of he exeded H 2 oupu feedback corol problem for coiuous descripor sysems. Sysems ad heir weighs are all described wihi he descripor framework. Hece, i is possible o ake io accou o oly usable weighs, bu oproper weighs as well. This case resuls i osadard H 2 corol problems for which he sadard soluio procedures fail. I he curre echical oe, he exisece of a soluio o his exeded problem (he exeded erm idicaes here ha he desirable coroller ca ad mus sabilize a par of he geeralized closed-loop) is characerized i erms of wo GAREs ogeher wih wo geeralized Sylveser equaios. This echical oe is orgaized as follows. Secio II recalls some basic oaios of descripor sysems ad formulaes he exeded H 2 corol problem. The, based o wo geeralized Sylveser equaios, quasi-admissible soluios o he GAREs are deduced i Secio III. Secio IV characerizes explicily he opimal H 2 oupu feedback corollers. Fially, a umerical example is give i Secio V o illusrae he proposed resuls. Noaio: The superscrips > ad 3 represe he raspose ad complex cojugae raspose, respecively. The oaios F l (; ) ad sad for he lower liear fracioal rasformaio ad Kroecker produc, respecively. RH deoes he se of all proper raioal sable rasfer marices. Moreover, he colum vecor Col(P ) deoes a ordered sack of he colums of he marix P from lef o righ sarig wih he firs colum. II. PROBLEM FORMULATION A. Prelimiaries Cosider he followig coiuous descripor sysem: E _x() Ax() Bu(); y() Cx() Du() where x 2, y 2 p ad u 2 m are he descripor variable, measureme ad corol ipu vecor, respecively. The marix E 2 2 may be sigular, i.e. rak(e) r. The descripor sysem () is said o be regular if de(se A) is o ideically ull. If he descripor sysem is regular, he i has a uique soluio for ay iiial codiio ad ay coiuous ipu fucio [6], [7]. I is said o be impulse-free if deg(de(se A)) rak(e). I is said o be sable if all he roos of de(se A) have egaive real pars. If he descripor sysem is regular, impulse-free ad sable, he i is admissible. I addiio, he descripor sysem () () /$26. 2 IEEE

REVISTA INVESTIGACION OPERACIONAL VOL. 31, No.2, 159-170, 2010

REVISTA INVESTIGACION OPERACIONAL VOL. 31, No.2, 159-170, 2010 REVISTA INVESTIGACION OPERACIONAL VOL. 3, No., 59-70, 00 AN ALGORITHM TO OBTAIN AN OPTIMAL STRATEGY FOR THE MARKOV DECISION PROCESSES, WITH PROBABILITY DISTRIBUTION FOR THE PLANNING HORIZON. Gouliois E.

More information

1/22/2007 EECS 723 intro 2/3

1/22/2007 EECS 723 intro 2/3 1/22/2007 EES 723 iro 2/3 eraily, all elecrical egieers kow of liear sysems heory. Bu, i is helpful o firs review hese coceps o make sure ha we all udersad wha his heory is, why i works, ad how i is useful.

More information

Mechanical Vibrations Chapter 4

Mechanical Vibrations Chapter 4 Mechaical Vibraios Chaper 4 Peer Aviabile Mechaical Egieerig Deparme Uiversiy of Massachuses Lowell 22.457 Mechaical Vibraios - Chaper 4 1 Dr. Peer Aviabile Modal Aalysis & Corols Laboraory Impulse Exciaio

More information

Research Article Dynamic Pricing of a Web Service in an Advance Selling Environment

Research Article Dynamic Pricing of a Web Service in an Advance Selling Environment Hidawi Publishig Corporaio Mahemaical Problems i Egieerig Volume 215, Aricle ID 783149, 21 pages hp://dx.doi.org/1.1155/215/783149 Research Aricle Dyamic Pricig of a Web Service i a Advace Sellig Evirome

More information

FORECASTING MODEL FOR AUTOMOBILE SALES IN THAILAND

FORECASTING MODEL FOR AUTOMOBILE SALES IN THAILAND FORECASTING MODEL FOR AUTOMOBILE SALES IN THAILAND by Wachareepor Chaimogkol Naioal Isiue of Developme Admiisraio, Bagkok, Thailad Email: wachare@as.ida.ac.h ad Chuaip Tasahi Kig Mogku's Isiue of Techology

More information

Bullwhip Effect Measure When Supply Chain Demand is Forecasting

Bullwhip Effect Measure When Supply Chain Demand is Forecasting J. Basic. Appl. Sci. Res., (4)47-43, 01 01, TexRoad Publicaio ISSN 090-4304 Joural of Basic ad Applied Scieific Research www.exroad.com Bullwhip Effec Measure Whe Supply Chai emad is Forecasig Ayub Rahimzadeh

More information

On Motion of Robot End-effector Using The Curvature Theory of Timelike Ruled Surfaces With Timelike Ruling

On Motion of Robot End-effector Using The Curvature Theory of Timelike Ruled Surfaces With Timelike Ruling O Moio of obo Ed-effecor Usig he Curvaure heory of imelike uled Surfaces Wih imelike ulig Cumali Ekici¹, Yasi Ülüürk¹, Musafa Dede¹ B. S. yuh² ¹ Eskişehir Osmagazi Uiversiy Deparme of Mahemaics, 6480-UKEY

More information

CHAPTER 22 ASSET BASED FINANCING: LEASE, HIRE PURCHASE AND PROJECT FINANCING

CHAPTER 22 ASSET BASED FINANCING: LEASE, HIRE PURCHASE AND PROJECT FINANCING CHAPTER 22 ASSET BASED FINANCING: LEASE, HIRE PURCHASE AND PROJECT FINANCING Q.1 Defie a lease. How does i differ from a hire purchase ad isalme sale? Wha are he cash flow cosequeces of a lease? Illusrae.

More information

Ranking of mutually exclusive investment projects how cash flow differences can solve the ranking problem

Ranking of mutually exclusive investment projects how cash flow differences can solve the ranking problem Chrisia Kalhoefer (Egyp) Ivesme Maageme ad Fiacial Iovaios, Volume 7, Issue 2, 2 Rakig of muually exclusive ivesme projecs how cash flow differeces ca solve he rakig problem bsrac The discussio abou he

More information

Hilbert Transform Relations

Hilbert Transform Relations BULGARIAN ACADEMY OF SCIENCES CYBERNEICS AND INFORMAION ECHNOLOGIES Volume 5, No Sofia 5 Hilber rasform Relaios Each coiuous problem (differeial equaio) has may discree approximaios (differece equaios)

More information

A Queuing Model of the N-design Multi-skill Call Center with Impatient Customers

A Queuing Model of the N-design Multi-skill Call Center with Impatient Customers Ieraioal Joural of u- ad e- ervice, ciece ad Techology Vol.8, o., pp.- hp://dx.doi.org/./ijuess..8.. A Queuig Model of he -desig Muli-skill Call Ceer wih Impaie Cusomers Chuya Li, ad Deua Yue Yasha Uiversiy,

More information

A panel data approach for fashion sales forecasting

A panel data approach for fashion sales forecasting A pael daa approach for fashio sales forecasig Shuyu Re(shuyu_shara@live.c), Tsa-Mig Choi, Na Liu Busiess Divisio, Isiue of Texiles ad Clohig, The Hog Kog Polyechic Uiversiy, Hug Hom, Kowloo, Hog Kog Absrac:

More information

A formulation for measuring the bullwhip effect with spreadsheets Una formulación para medir el efecto bullwhip con hojas de cálculo

A formulation for measuring the bullwhip effect with spreadsheets Una formulación para medir el efecto bullwhip con hojas de cálculo irecció y rgaizació 48 (01) 9-33 9 www.revisadyo.com A formulaio for measurig he bullwhip effec wih spreadshees Ua formulació para medir el efeco bullwhip co hojas de cálculo Javier Parra-Pea 1, Josefa

More information

The Term Structure of Interest Rates

The Term Structure of Interest Rates The Term Srucure of Ieres Raes Wha is i? The relaioship amog ieres raes over differe imehorizos, as viewed from oday, = 0. A cocep closely relaed o his: The Yield Curve Plos he effecive aual yield agais

More information

Managing Learning and Turnover in Employee Staffing*

Managing Learning and Turnover in Employee Staffing* Maagig Learig ad Turover i Employee Saffig* Yog-Pi Zhou Uiversiy of Washigo Busiess School Coauhor: Noah Gas, Wharo School, UPe * Suppored by Wharo Fiacial Isiuios Ceer ad he Sloa Foudaio Call Ceer Operaios

More information

Combining Adaptive Filtering and IF Flows to Detect DDoS Attacks within a Router

Combining Adaptive Filtering and IF Flows to Detect DDoS Attacks within a Router KSII RANSAIONS ON INERNE AN INFORMAION SYSEMS VOL. 4, NO. 3, Jue 2 428 opyrigh c 2 KSII ombiig Adapive Filerig ad IF Flows o eec os Aacks wihi a Rouer Ruoyu Ya,2, Qighua Zheg ad Haifei Li 3 eparme of ompuer

More information

Ranking Optimization with Constraints

Ranking Optimization with Constraints Rakig Opimizaio wih Cosrais Fagzhao Wu, Ju Xu, Hag Li, Xi Jiag Tsighua Naioal Laboraory for Iformaio Sciece ad Techology, Deparme of Elecroic Egieerig, Tsighua Uiversiy, Beijig, Chia Noah s Ark Lab, Huawei

More information

Introduction to Statistical Analysis of Time Series Richard A. Davis Department of Statistics

Introduction to Statistical Analysis of Time Series Richard A. Davis Department of Statistics Iroduio o Saisial Aalysis of Time Series Rihard A. Davis Deparme of Saisis Oulie Modelig obeives i ime series Geeral feaures of eologial/eviromeal ime series Compoes of a ime series Frequey domai aalysis-he

More information

UNDERWRITING AND EXTRA RISKS IN LIFE INSURANCE Katarína Sakálová

UNDERWRITING AND EXTRA RISKS IN LIFE INSURANCE Katarína Sakálová The process of uderwriig UNDERWRITING AND EXTRA RISKS IN LIFE INSURANCE Kaaría Sakálová Uderwriig is he process by which a life isurace compay decides which people o accep for isurace ad o wha erms Life

More information

Circularity and the Undervaluation of Privatised Companies

Circularity and the Undervaluation of Privatised Companies CMPO Workig Paper Series No. 1/39 Circulariy ad he Udervaluaio of Privaised Compaies Paul Grou 1 ad a Zalewska 2 1 Leverhulme Cere for Marke ad Public Orgaisaio, Uiversiy of Brisol 2 Limburg Isiue of Fiacial

More information

UNIT ROOTS Herman J. Bierens 1 Pennsylvania State University (October 30, 2007)

UNIT ROOTS Herman J. Bierens 1 Pennsylvania State University (October 30, 2007) UNIT ROOTS Herma J. Bieres Pesylvaia Sae Uiversiy (Ocober 30, 2007). Iroducio I his chaper I will explai he wo mos frequely applied ypes of ui roo ess, amely he Augmeed Dickey-Fuller ess [see Fuller (996),

More information

Reaction Rates. Example. Chemical Kinetics. Chemical Kinetics Chapter 12. Example Concentration Data. Page 1

Reaction Rates. Example. Chemical Kinetics. Chemical Kinetics Chapter 12. Example Concentration Data. Page 1 Page Chemical Kieics Chaper O decomposiio i a isec O decomposiio caalyzed by MO Chemical Kieics I is o eough o udersad he soichiomery ad hermodyamics of a reacio; we also mus udersad he facors ha gover

More information

Modelling Time Series of Counts

Modelling Time Series of Counts Modellig ime Series of Cous Richard A. Davis Colorado Sae Uiversiy William Dusmuir Uiversiy of New Souh Wales Yig Wag Colorado Sae Uiversiy /3/00 Modellig ime Series of Cous wo ypes of Models for Poisso

More information

Why we use compounding and discounting approaches

Why we use compounding and discounting approaches Comoudig, Discouig, ad ubiased Growh Raes Near Deb s school i Souher Colorado. A examle of slow growh. Coyrigh 000-04, Gary R. Evas. May be used for o-rofi isrucioal uroses oly wihou ermissio of he auhor.

More information

Improving Survivability through Traffic Engineering in MPLS Networks

Improving Survivability through Traffic Engineering in MPLS Networks Improvig Survivabiiy hrough Traffic Egieerig i MPLS Neworks Mia Ami, Ki-Ho Ho, George Pavou, ad Michae Howarh Cere for Commuicaio Sysems Research, Uiversiy of Surrey, UK Emai:{M.Ami, K.Ho, G.Pavou, M.Howarh}@eim.surrey.ac.uk

More information

A New Hybrid Network Traffic Prediction Method

A New Hybrid Network Traffic Prediction Method This full ex paper was peer reviewed a he direcio of IEEE Couicaios Sociey subjec aer expers for publicaio i he IEEE Globeco proceedigs. A New Hybrid Nework Traffic Predicio Mehod Li Xiag, Xiao-Hu Ge,

More information

Studies in sport sciences have addressed a wide

Studies in sport sciences have addressed a wide REVIEW ARTICLE TRENDS i Spor Scieces 014; 1(1: 19-5. ISSN 99-9590 The eed o repor effec size esimaes revisied. A overview of some recommeded measures of effec size MACIEJ TOMCZAK 1, EWA TOMCZAK Rece years

More information

http://www.ejournalofscience.org Monitoring of Network Traffic based on Queuing Theory

http://www.ejournalofscience.org Monitoring of Network Traffic based on Queuing Theory VOL., NO., November ISSN XXXX-XXXX ARN Joural of Sciece a Techology - ARN Jourals. All righs reserve. hp://www.ejouralofsciece.org Moiorig of Newor Traffic base o Queuig Theory S. Saha Ray,. Sahoo Naioal

More information

Derivative Securities: Lecture 7 Further applications of Black-Scholes and Arbitrage Pricing Theory. Sources: J. Hull Avellaneda and Laurence

Derivative Securities: Lecture 7 Further applications of Black-Scholes and Arbitrage Pricing Theory. Sources: J. Hull Avellaneda and Laurence Deivaive ecuiies: Lecue 7 uhe applicaios o Black-choles ad Abiage Picig heoy ouces: J. Hull Avellaeda ad Lauece Black s omula omeimes is easie o hik i ems o owad pices. Recallig ha i Black-choles imilaly

More information

A Heavy Traffic Approach to Modeling Large Life Insurance Portfolios

A Heavy Traffic Approach to Modeling Large Life Insurance Portfolios A Heavy Traffic Approach o Modelig Large Life Isurace Porfolios Jose Blache ad Hery Lam Absrac We explore a ew framework o approximae life isurace risk processes i he sceario of pleiful policyholders,

More information

Optimal Stock Selling/Buying Strategy with reference to the Ultimate Average

Optimal Stock Selling/Buying Strategy with reference to the Ultimate Average Opimal Sock Selling/Buying Sraegy wih reference o he Ulimae Average Min Dai Dep of Mah, Naional Universiy of Singapore, Singapore Yifei Zhong Dep of Mah, Naional Universiy of Singapore, Singapore July

More information

A Strategy for Trading the S&P 500 Futures Market

A Strategy for Trading the S&P 500 Futures Market 62 JOURNAL OF ECONOMICS AND FINANCE Volume 25 Number 1 Sprig 2001 A Sraegy for Tradig he S&P 500 Fuures Marke Edward Olszewski * Absrac A sysem for radig he S&P 500 fuures marke is proposed. The sysem

More information

PERFORMANCE COMPARISON OF TIME SERIES DATA USING PREDICTIVE DATA MINING TECHNIQUES

PERFORMANCE COMPARISON OF TIME SERIES DATA USING PREDICTIVE DATA MINING TECHNIQUES , pp.-57-66. Available olie a hp://www.bioifo.i/coes.php?id=32 PERFORMANCE COMPARISON OF TIME SERIES DATA USING PREDICTIVE DATA MINING TECHNIQUES SAIGAL S. 1 * AND MEHROTRA D. 2 1Deparme of Compuer Sciece,

More information

Modeling the Nigerian Inflation Rates Using Periodogram and Fourier Series Analysis

Modeling the Nigerian Inflation Rates Using Periodogram and Fourier Series Analysis CBN Joural of Applied Saisics Vol. 4 No.2 (December, 2013) 51 Modelig he Nigeria Iflaio Raes Usig Periodogram ad Fourier Series Aalysis 1 Chukwuemeka O. Omekara, Emmauel J. Ekpeyog ad Michael P. Ekeree

More information

HYPERBOLIC DISCOUNTING IS RATIONAL: VALUING THE FAR FUTURE WITH UNCERTAIN DISCOUNT RATES. J. Doyne Farmer and John Geanakoplos.

HYPERBOLIC DISCOUNTING IS RATIONAL: VALUING THE FAR FUTURE WITH UNCERTAIN DISCOUNT RATES. J. Doyne Farmer and John Geanakoplos. HYPERBOLIC DISCOUNTING IS RATIONAL: VALUING THE FAR FUTURE WITH UNCERTAIN DISCOUNT RATES By J. Doye Farmer ad Joh Geaakoplos Augus 2009 COWLES FOUNDATION DISCUSSION PAPER NO. 1719 COWLES FOUNDATION FOR

More information

ON THE RISK-NEUTRAL VALUATION OF LIFE INSURANCE CONTRACTS WITH NUMERICAL METHODS IN VIEW ABSTRACT KEYWORDS 1. INTRODUCTION

ON THE RISK-NEUTRAL VALUATION OF LIFE INSURANCE CONTRACTS WITH NUMERICAL METHODS IN VIEW ABSTRACT KEYWORDS 1. INTRODUCTION ON THE RISK-NEUTRAL VALUATION OF LIFE INSURANCE CONTRACTS WITH NUMERICAL METHODS IN VIEW BY DANIEL BAUER, DANIELA BERGMANN AND RÜDIGER KIESEL ABSTRACT I rece years, marke-cosise valuaio approaches have

More information

4. Levered and Unlevered Cost of Capital. Tax Shield. Capital Structure

4. Levered and Unlevered Cost of Capital. Tax Shield. Capital Structure 4. Levered ad levered Cos Capial. ax hield. Capial rucure. Levered ad levered Cos Capial Levered compay ad CAP he cos equiy is equal o he reur expeced by sockholders. he cos equiy ca be compued usi he

More information

Kyoung-jae Kim * and Ingoo Han. Abstract

Kyoung-jae Kim * and Ingoo Han. Abstract Simulaeous opimizaio mehod of feaure rasformaio ad weighig for arificial eural eworks usig geeic algorihm : Applicaio o Korea sock marke Kyoug-jae Kim * ad Igoo Ha Absrac I his paper, we propose a ew hybrid

More information

On the degrees of irreducible factors of higher order Bernoulli polynomials

On the degrees of irreducible factors of higher order Bernoulli polynomials ACTA ARITHMETICA LXII.4 (1992 On he degrees of irreducible facors of higher order Bernoulli polynomials by Arnold Adelberg (Grinnell, Ia. 1. Inroducion. In his paper, we generalize he curren resuls on

More information

Capital Budgeting: a Tax Shields Mirage?

Capital Budgeting: a Tax Shields Mirage? Theoreical ad Applied Ecoomics Volume XVIII (211), No. 3(556), pp. 31-4 Capial Budgeig: a Tax Shields Mirage? Vicor DRAGOTĂ Buchares Academy of Ecoomic Sudies vicor.dragoa@fi.ase.ro Lucia ŢÂŢU Buchares

More information

General Bounds for Arithmetic Asian Option Prices

General Bounds for Arithmetic Asian Option Prices The Uiversiy of Ediburgh Geeral Bouds for Arihmeic Asia Opio Prices Colombia FX Opio Marke Applicaio MSc Disseraio Sude: Saiago Sozizky s1200811 Supervisor: Dr. Soirios Sabais Augus 16 h 2013 School of

More information

Single-machine Scheduling with Periodic Maintenance and both Preemptive and. Non-preemptive jobs in Remanufacturing System 1

Single-machine Scheduling with Periodic Maintenance and both Preemptive and. Non-preemptive jobs in Remanufacturing System 1 Absrac number: 05-0407 Single-machine Scheduling wih Periodic Mainenance and boh Preempive and Non-preempive jobs in Remanufacuring Sysem Liu Biyu hen Weida (School of Economics and Managemen Souheas Universiy

More information

COLLECTIVE RISK MODEL IN NON-LIFE INSURANCE

COLLECTIVE RISK MODEL IN NON-LIFE INSURANCE Ecoomic Horizos, May - Augus 203, Volume 5, Number 2, 67-75 Faculy of Ecoomics, Uiversiy of Kragujevac UDC: 33 eissn 227-9232 www. ekfak.kg.ac.rs Review paper UDC: 005.334:368.025.6 ; 347.426.6 doi: 0.5937/ekohor30263D

More information

Using Kalman Filter to Extract and Test for Common Stochastic Trends 1

Using Kalman Filter to Extract and Test for Common Stochastic Trends 1 Usig Kalma Filer o Exrac ad Tes for Commo Sochasic Treds Yoosoo Chag 2, Bibo Jiag 3 ad Joo Y. Park 4 Absrac This paper cosiders a sae space model wih iegraed lae variables. The model provides a effecive

More information

Experience and Innovation

Experience and Innovation AC Servo Drives Sigma-5 Large Capaciy EN DE Coe 2 Abou YASKAWA Experiece ad Iovaio 3 Powerful ad Smar 4 Applicaios Efficie High Performace Applicaios 5 Easy Seup 6 Feaures Experiece ad Iovaio Ousadig Expadabiliy

More information

The Transport Equation

The Transport Equation The Transpor Equaion Consider a fluid, flowing wih velociy, V, in a hin sraigh ube whose cross secion will be denoed by A. Suppose he fluid conains a conaminan whose concenraion a posiion a ime will be

More information

Duration and Convexity ( ) 20 = Bond B has a maturity of 5 years and also has a required rate of return of 10%. Its price is $613.

Duration and Convexity ( ) 20 = Bond B has a maturity of 5 years and also has a required rate of return of 10%. Its price is $613. Graduae School of Business Adminisraion Universiy of Virginia UVA-F-38 Duraion and Convexiy he price of a bond is a funcion of he promised paymens and he marke required rae of reurn. Since he promised

More information

Outline. Numerical Analysis Boundary Value Problems & PDE. Exam. Boundary Value Problems. Boundary Value Problems. Solution to BVProblems

Outline. Numerical Analysis Boundary Value Problems & PDE. Exam. Boundary Value Problems. Boundary Value Problems. Solution to BVProblems Oulie Numericl Alysis oudry Vlue Prolems & PDE Lecure 5 Jeff Prker oudry Vlue Prolems Sooig Meod Fiie Differece Meod ollocio Fiie Eleme Fll, Pril Differeil Equios Recp of ove Exm You will o e le o rig

More information

A simple SSD-efficiency test

A simple SSD-efficiency test A simple SSD-efficiecy es Bogda Grechuk Deparme of Mahemaics, Uiversiy of Leiceser, UK Absrac A liear programmig SSD-efficiecy es capable of ideifyig a domiaig porfolio is proposed. I has T + variables

More information

THE IMPACT OF FINANCING POLICY ON THE COMPANY S VALUE

THE IMPACT OF FINANCING POLICY ON THE COMPANY S VALUE THE IMPACT OF FINANCING POLICY ON THE COMPANY S ALUE Pirea Marile Wes Uiversiy of Timişoara, Faculy of Ecoomics ad Busiess Admiisraio Boțoc Claudiu Wes Uiversiy of Timişoara, Faculy of Ecoomics ad Busiess

More information

1. y 5y + 6y = 2e t Solution: Characteristic equation is r 2 5r +6 = 0, therefore r 1 = 2, r 2 = 3, and y 1 (t) = e 2t,

1. y 5y + 6y = 2e t Solution: Characteristic equation is r 2 5r +6 = 0, therefore r 1 = 2, r 2 = 3, and y 1 (t) = e 2t, Homework6 Soluions.7 In Problem hrough 4 use he mehod of variaion of parameers o find a paricular soluion of he given differenial equaion. Then check your answer by using he mehod of undeermined coeffiens..

More information

Abstract. 1. Introduction. 1.1 Notation. 1.2 Parameters

Abstract. 1. Introduction. 1.1 Notation. 1.2 Parameters 1 Mdels, Predici, ad Esimai f Oubreaks f Ifecius Disease Peer J. Csa James P. Duyak Mjdeh Mhashemi {pjcsa@mire.rg, jduyak@mire.rg, mjdeh@mire.rg} he MIRE Crprai 202 Burlig Rad Bedfrd, MA 01730 1420 Absrac

More information

An Approach for Measurement of the Fair Value of Insurance Contracts by Sam Gutterman, David Rogers, Larry Rubin, David Scheinerman

An Approach for Measurement of the Fair Value of Insurance Contracts by Sam Gutterman, David Rogers, Larry Rubin, David Scheinerman A Approach for Measureme of he Fair Value of Isurace Coracs by Sam Guerma, David Rogers, Larry Rubi, David Scheierma Absrac The paper explores developmes hrough 2006 i he applicaio of marke-cosise coceps

More information

Unsteady State Molecular Diffusion

Unsteady State Molecular Diffusion Chaper. Differeial Mass Balae Useady Sae Moleular Diffusio Whe he ieral oeraio gradie is o egligible or Bi

More information

APPLICATIONS OF GEOMETRIC

APPLICATIONS OF GEOMETRIC APPLICATIONS OF GEOMETRIC SEQUENCES AND SERIES TO FINANCIAL MATHS The mos powerful force i he world is compoud ieres (Alber Eisei) Page of 52 Fiacial Mahs Coes Loas ad ivesmes - erms ad examples... 3 Derivaio

More information

Convergence of Binomial Large Investor Models and General Correlated Random Walks

Convergence of Binomial Large Investor Models and General Correlated Random Walks Covergece of Biomial Large Ivesor Models ad Geeral Correlaed Radom Walks vorgeleg vo Maser of Sciece i Mahemaics, Diplom-Wirschafsmahemaiker Urs M. Gruber gebore i Georgsmariehüe. Vo der Fakulä II Mahemaik

More information

Financial Data Mining Using Genetic Algorithms Technique: Application to KOSPI 200

Financial Data Mining Using Genetic Algorithms Technique: Application to KOSPI 200 Fiacial Daa Miig Usig Geeic Algorihms Techique: Applicaio o KOSPI 200 Kyug-shik Shi *, Kyoug-jae Kim * ad Igoo Ha Absrac This sudy ieds o mie reasoable radig rules usig geeic algorihms for Korea Sock Price

More information

Exchange Rates, Risk Premia, and Inflation Indexed Bond Yields. Richard Clarida Columbia University, NBER, and PIMCO. and

Exchange Rates, Risk Premia, and Inflation Indexed Bond Yields. Richard Clarida Columbia University, NBER, and PIMCO. and Exchage Raes, Risk Premia, ad Iflaio Idexed Bod Yields by Richard Clarida Columbia Uiversiy, NBER, ad PIMCO ad Shaowe Luo Columbia Uiversiy Jue 14, 2014 I. Iroducio Drawig o ad exedig Clarida (2012; 2013)

More information

Chapter 8: Regression with Lagged Explanatory Variables

Chapter 8: Regression with Lagged Explanatory Variables Chaper 8: Regression wih Lagged Explanaory Variables Time series daa: Y for =1,..,T End goal: Regression model relaing a dependen variable o explanaory variables. Wih ime series new issues arise: 1. One

More information

TACTICAL PLANNING OF THE OIL SUPPLY CHAIN: OPTIMIZATION UNDER UNCERTAINTY

TACTICAL PLANNING OF THE OIL SUPPLY CHAIN: OPTIMIZATION UNDER UNCERTAINTY TACTICAL PLANNING OF THE OIL SUPPLY CHAIN: OPTIMIZATION UNDER UNCERTAINTY Gabriela Ribas Idusrial Egieerig Deparme Poifical Caholic Uiversiy of Rio de Jaeiro PUC-Rio, CP38097, 22453-900 Rio de Jaeiro Brazil

More information

Optimal Combination of International and Inter-temporal Diversification of Disaster Risk: Role of Government. Tao YE, Muneta YOKOMATSU and Norio OKADA

Optimal Combination of International and Inter-temporal Diversification of Disaster Risk: Role of Government. Tao YE, Muneta YOKOMATSU and Norio OKADA 京 都 大 学 防 災 研 究 所 年 報 第 5 号 B 平 成 9 年 4 月 Auals of Disas. Prev. Res. Is., Kyoo Uiv., No. 5 B, 27 Opimal Combiaio of Ieraioal a Ier-emporal Diversificaio of Disaser Risk: Role of Goverme Tao YE, Muea YOKOMATSUaNorio

More information

Fuzzy Task Assignment Model of Web Services Supplier

Fuzzy Task Assignment Model of Web Services Supplier Advaed Siee ad Tehology eers Vol.78 (Mulrab 2014),.43-48 h://dx.doi.org/10.14257/asl.2014.78.08 Fuzzy Task Assige Model of Web Servies Sulier Su Jia 1,2,Peg Xiu-ya 1, *, Xu Yig 1,3, Wag Pei-lei 2, Ma Na-ji

More information

Properties of MLE: consistency, asymptotic normality. Fisher information.

Properties of MLE: consistency, asymptotic normality. Fisher information. Lecture 3 Properties of MLE: cosistecy, asymptotic ormality. Fisher iformatio. I this sectio we will try to uderstad why MLEs are good. Let us recall two facts from probability that we be used ofte throughout

More information

EXISTENCE OF A SOLUTION FOR THE FRACTIONAL FORCED PENDULUM

EXISTENCE OF A SOLUTION FOR THE FRACTIONAL FORCED PENDULUM Jourl of Alied Mhemics d Comuiol Mechics 4, 3(), 5-4 EXISENCE OF A SOUION FOR HE FRACIONA FORCED PENDUUM Césr orres Dermeo de Igeierí Memáic, Cero de Modelmieo Memáico Uiversidd de Chile, Sigo, Chile corres@dim.uchile.cl

More information

Analogue and Digital Signal Processing. First Term Third Year CS Engineering By Dr Mukhtiar Ali Unar

Analogue and Digital Signal Processing. First Term Third Year CS Engineering By Dr Mukhtiar Ali Unar Analogue and Digial Signal Processing Firs Term Third Year CS Engineering By Dr Mukhiar Ali Unar Recommended Books Haykin S. and Van Veen B.; Signals and Sysems, John Wiley& Sons Inc. ISBN: 0-7-380-7 Ifeachor

More information

Theorems About Power Series

Theorems About Power Series Physics 6A Witer 20 Theorems About Power Series Cosider a power series, f(x) = a x, () where the a are real coefficiets ad x is a real variable. There exists a real o-egative umber R, called the radius

More information

Economics Honors Exam 2008 Solutions Question 5

Economics Honors Exam 2008 Solutions Question 5 Economics Honors Exam 2008 Soluions Quesion 5 (a) (2 poins) Oupu can be decomposed as Y = C + I + G. And we can solve for i by subsiuing in equaions given in he quesion, Y = C + I + G = c 0 + c Y D + I

More information

THE FOREIGN EXCHANGE EXPOSURE OF CHINESE BANKS

THE FOREIGN EXCHANGE EXPOSURE OF CHINESE BANKS Workig Paper 07/2008 Jue 2008 THE FOREIGN ECHANGE EPOSURE OF CHINESE BANKS Prepared by Eric Wog, Jim Wog ad Phyllis Leug 1 Research Deparme Absrac Usig he Capial Marke Approach ad equiy-price daa of 14

More information

ACCOUNTING TURNOVER RATIOS AND CASH CONVERSION CYCLE

ACCOUNTING TURNOVER RATIOS AND CASH CONVERSION CYCLE Problems ad Persecives of Maageme, 24 Absrac ACCOUNTING TURNOVER RATIOS AND CASH CONVERSION CYCLE Pedro Orí-Ágel, Diego Prior Fiacial saemes, ad esecially accouig raios, are usually used o evaluae acual

More information

Granger Causality Analysis in Irregular Time Series

Granger Causality Analysis in Irregular Time Series Grager Causaliy Aalysis i Irregular Time Series Mohammad Taha Bahadori Ya Liu Absrac Learig emporal causal srucures bewee ime series is oe of he key ools for aalyzig ime series daa. I may real-world applicaios,

More information

A GLOSSARY OF MAIN TERMS

A GLOSSARY OF MAIN TERMS he aedix o his glossary gives he mai aggregae umber formulae used for cosumer rice (CI) uroses ad also exlais he ierrelaioshis bewee hem. Acquisiios aroach Addiiviy Aggregae Aggregaio Axiomaic, or es aroach

More information

Data Protection and Privacy- Technologies in Focus. Rashmi Chandrashekar, Accenture

Data Protection and Privacy- Technologies in Focus. Rashmi Chandrashekar, Accenture Daa Proeio ad Privay- Tehologies i Fous Rashmi Chadrashekar, Aeure Sesiive Creai Daa Lifeyle o Busiess sesiive daa proeio is o a sigle eve. Adequae proeio o mus be provided appropriaely hroughou Mai he

More information

In nite Sequences. Dr. Philippe B. Laval Kennesaw State University. October 9, 2008

In nite Sequences. Dr. Philippe B. Laval Kennesaw State University. October 9, 2008 I ite Sequeces Dr. Philippe B. Laval Keesaw State Uiversity October 9, 2008 Abstract This had out is a itroductio to i ite sequeces. mai de itios ad presets some elemetary results. It gives the I ite Sequeces

More information

ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS

ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS ANALYSIS AND COMPARISONS OF SOME SOLUTION CONCEPTS FOR STOCHASTIC PROGRAMMING PROBLEMS R. Caballero, E. Cerdá, M. M. Muñoz and L. Rey () Deparmen of Applied Economics (Mahemaics), Universiy of Málaga,

More information

IDENTIFICATION OF MARKET POWER IN BILATERAL OLIGOPOLY: THE BRAZILIAN WHOLESALE MARKET OF UHT MILK 1. Abstract

IDENTIFICATION OF MARKET POWER IN BILATERAL OLIGOPOLY: THE BRAZILIAN WHOLESALE MARKET OF UHT MILK 1. Abstract IDENTIFICATION OF MARKET POWER IN BILATERAL OLIGOPOLY: THE BRAZILIAN WHOLESALE MARKET OF UHT MILK 1 Paulo Robero Scalco Marcelo Jose Braga 3 Absrac The aim of his sudy was o es he hypohesis of marke power

More information

Task is a schedulable entity, i.e., a thread

Task is a schedulable entity, i.e., a thread Real-Time Scheduling Sysem Model Task is a schedulable eniy, i.e., a hread Time consrains of periodic ask T: - s: saring poin - e: processing ime of T - d: deadline of T - p: period of T Periodic ask T

More information

Why Did the Demand for Cash Decrease Recently in Korea?

Why Did the Demand for Cash Decrease Recently in Korea? Why Did he Demand for Cash Decrease Recenly in Korea? Byoung Hark Yoo Bank of Korea 26. 5 Absrac We explores why cash demand have decreased recenly in Korea. The raio of cash o consumpion fell o 4.7% in

More information

Measuring macroeconomic volatility Applications to export revenue data, 1970-2005

Measuring macroeconomic volatility Applications to export revenue data, 1970-2005 FONDATION POUR LES ETUDES ET RERS LE DEVELOPPEMENT INTERNATIONAL Measuring macroeconomic volailiy Applicaions o expor revenue daa, 1970-005 by Joël Cariolle Policy brief no. 47 March 01 The FERDI is a

More information

Predicting Indian Stock Market Using Artificial Neural Network Model. Abstract

Predicting Indian Stock Market Using Artificial Neural Network Model. Abstract Predicig Idia Sock Marke Usig Arificial Neural Nework Model Absrac The sudy has aemped o predic he moveme of sock marke price (S&P CNX Nify) by usig ANN model. Seve years hisorical daa from 1 s Jauary

More information

THE ABRACADABRA PROBLEM

THE ABRACADABRA PROBLEM THE ABRACADABRA PROBLEM FRANCESCO CARAVENNA Abstract. We preset a detailed solutio of Exercise E0.6 i [Wil9]: i a radom sequece of letters, draw idepedetly ad uiformly from the Eglish alphabet, the expected

More information

The Application of Multi Shifts and Break Windows in Employees Scheduling

The Application of Multi Shifts and Break Windows in Employees Scheduling The Applicaion of Muli Shifs and Brea Windows in Employees Scheduling Evy Herowai Indusrial Engineering Deparmen, Universiy of Surabaya, Indonesia Absrac. One mehod for increasing company s performance

More information

Asymptotic Growth of Functions

Asymptotic Growth of Functions CMPS Itroductio to Aalysis of Algorithms Fall 3 Asymptotic Growth of Fuctios We itroduce several types of asymptotic otatio which are used to compare the performace ad efficiecy of algorithms As we ll

More information

Principal components of stock market dynamics. Methodology and applications in brief (to be updated ) Andrei Bouzaev, bouzaev@ya.

Principal components of stock market dynamics. Methodology and applications in brief (to be updated ) Andrei Bouzaev, bouzaev@ya. Principal componens of sock marke dynamics Mehodology and applicaions in brief o be updaed Andrei Bouzaev, bouzaev@ya.ru Why principal componens are needed Objecives undersand he evidence of more han one

More information

Chapter 6: Variance, the law of large numbers and the Monte-Carlo method

Chapter 6: Variance, the law of large numbers and the Monte-Carlo method Chapter 6: Variace, the law of large umbers ad the Mote-Carlo method Expected value, variace, ad Chebyshev iequality. If X is a radom variable recall that the expected value of X, E[X] is the average value

More information

DBIQ USD Investment Grade Corporate Bond Interest Rate Hedged Index

DBIQ USD Investment Grade Corporate Bond Interest Rate Hedged Index db Idex Developme Sepember 2014 DBIQ Idex Guide DBIQ USD Ivesme Grade Corporae Bod Ieres Rae Hedged Idex Summary The DBIQ USD Ivesme Grade Corporae Bod Ieres Rae Hedged Idex (he Idex ) is a rule based

More information

1. Introduction - 1 -

1. Introduction - 1 - The Housig Bubble ad a New Approach o Accouig for Housig i a CPI W. Erwi iewer (Uiversiy of Briish Columbia), Alice O. Nakamura (Uiversiy of Albera) ad Leoard I. Nakamura (Philadelphia Federal Reserve

More information

WHAT ARE OPTION CONTRACTS?

WHAT ARE OPTION CONTRACTS? WHAT ARE OTION CONTRACTS? By rof. Ashok anekar An oion conrac is a derivaive which gives he righ o he holder of he conrac o do 'Somehing' bu wihou he obligaion o do ha 'Somehing'. The 'Somehing' can be

More information

Appendix A: Area. 1 Find the radius of a circle that has circumference 12 inches.

Appendix A: Area. 1 Find the radius of a circle that has circumference 12 inches. Appendi A: Area worked-ou s o Odd-Numbered Eercises Do no read hese worked-ou s before aemping o do he eercises ourself. Oherwise ou ma mimic he echniques shown here wihou undersanding he ideas. Bes wa

More information

12. Spur Gear Design and selection. Standard proportions. Forces on spur gear teeth. Forces on spur gear teeth. Specifications for standard gear teeth

12. Spur Gear Design and selection. Standard proportions. Forces on spur gear teeth. Forces on spur gear teeth. Specifications for standard gear teeth . Spur Gear Desig ad selecio Objecives Apply priciples leared i Chaper 11 o acual desig ad selecio of spur gear sysems. Calculae forces o eeh of spur gears, icludig impac forces associaed wih velociy ad

More information

14 Protecting Private Information in Online Social Networks

14 Protecting Private Information in Online Social Networks 4 roecig rivae Iormaio i Olie Social eworks Jiamig He ad Wesley W. Chu Compuer Sciece Deparme Uiversiy o Calioria USA {jmhekwwc}@cs.ucla.edu Absrac. Because persoal iormaio ca be ierred rom associaios

More information

Section 11.3: The Integral Test

Section 11.3: The Integral Test Sectio.3: The Itegral Test Most of the series we have looked at have either diverged or have coverged ad we have bee able to fid what they coverge to. I geeral however, the problem is much more difficult

More information

Infinite Sequences and Series

Infinite Sequences and Series CHAPTER 4 Ifiite Sequeces ad Series 4.1. Sequeces A sequece is a ifiite ordered list of umbers, for example the sequece of odd positive itegers: 1, 3, 5, 7, 9, 11, 13, 15, 17, 19, 21, 23, 25, 27, 29...

More information

Hanna Putkuri. Housing loan rate margins in Finland

Hanna Putkuri. Housing loan rate margins in Finland Haa Pukuri Housig loa rae margis i Filad Bak of Filad Research Discussio Papers 0 200 Suome Pakki Bak of Filad PO Box 60 FI-000 HESINKI Filad +358 0 83 hp://www.bof.fi E-mail: Research@bof.fi Bak of Filad

More information

SAMPLE QUESTIONS FOR FINAL EXAM. (1) (2) (3) (4) Find the following using the definition of the Riemann integral: (2x + 1)dx

SAMPLE QUESTIONS FOR FINAL EXAM. (1) (2) (3) (4) Find the following using the definition of the Riemann integral: (2x + 1)dx SAMPLE QUESTIONS FOR FINAL EXAM REAL ANALYSIS I FALL 006 3 4 Fid the followig usig the defiitio of the Riema itegral: a 0 x + dx 3 Cosider the partitio P x 0 3, x 3 +, x 3 +,......, x 3 3 + 3 of the iterval

More information

Transforming the Net Present Value for a Comparable One

Transforming the Net Present Value for a Comparable One 'Club of coomics i Miskolc' TMP Vol. 8., Nr. 1., pp. 4-3. 1. Trasformig e Ne Prese Value for a Comparable Oe MÁRIA ILLÉS, P.D. UNIVRSITY PROFSSOR e-mail: vgilles@ui-miskolc.u SUMMARY Tis sudy examies e

More information

0.7 0.6 0.2 0 0 96 96.5 97 97.5 98 98.5 99 99.5 100 100.5 96.5 97 97.5 98 98.5 99 99.5 100 100.5

0.7 0.6 0.2 0 0 96 96.5 97 97.5 98 98.5 99 99.5 100 100.5 96.5 97 97.5 98 98.5 99 99.5 100 100.5 Sectio 13 Kolmogorov-Smirov test. Suppose that we have a i.i.d. sample X 1,..., X with some ukow distributio P ad we would like to test the hypothesis that P is equal to a particular distributio P 0, i.e.

More information

Department of Computer Science, University of Otago

Department of Computer Science, University of Otago Departmet of Computer Sciece, Uiversity of Otago Techical Report OUCS-2006-09 Permutatios Cotaiig May Patters Authors: M.H. Albert Departmet of Computer Sciece, Uiversity of Otago Micah Colema, Rya Fly

More information

5 Boolean Decision Trees (February 11)

5 Boolean Decision Trees (February 11) 5 Boolea Decisio Trees (February 11) 5.1 Graph Coectivity Suppose we are give a udirected graph G, represeted as a boolea adjacecy matrix = (a ij ), where a ij = 1 if ad oly if vertices i ad j are coected

More information

1 Computing the Standard Deviation of Sample Means

1 Computing the Standard Deviation of Sample Means Computig the Stadard Deviatio of Sample Meas Quality cotrol charts are based o sample meas ot o idividual values withi a sample. A sample is a group of items, which are cosidered all together for our aalysis.

More information

Map Task Scheduling in MapReduce with Data Locality: Throughput and Heavy-Traffic Optimality

Map Task Scheduling in MapReduce with Data Locality: Throughput and Heavy-Traffic Optimality Map Task Scheduling in MapReduce wih Daa Localiy: Throughpu and Heavy-Traffic Opimaliy Weina Wang, Kai Zhu and Lei Ying Elecrical, Compuer and Energy Engineering Arizona Sae Universiy Tempe, Arizona 85287

More information