282,719 research outputs found

    Fair Simulation for Nondeterministic and Probabilistic Buechi Automata: a Coalgebraic Perspective

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    Notions of simulation, among other uses, provide a computationally tractable and sound (but not necessarily complete) proof method for language inclusion. They have been comprehensively studied by Lynch and Vaandrager for nondeterministic and timed systems; for B\"{u}chi automata the notion of fair simulation has been introduced by Henzinger, Kupferman and Rajamani. We contribute to a generalization of fair simulation in two different directions: one for nondeterministic tree automata previously studied by Bomhard; and the other for probabilistic word automata with finite state spaces, both under the B\"{u}chi acceptance condition. The former nondeterministic definition is formulated in terms of systems of fixed-point equations, hence is readily translated to parity games and is then amenable to Jurdzi\'{n}ski's algorithm; the latter probabilistic definition bears a strong ranking-function flavor. These two different-looking definitions are derived from one source, namely our coalgebraic modeling of B\"{u}chi automata. Based on these coalgebraic observations, we also prove their soundness: a simulation indeed witnesses language inclusion

    Fair value accounting and financial stability

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    Accounting standard setters are considering the wider use of fair value accounting. This paper focuses on the financial stability implications of a move in the banking sector from the current accounting framework to full fair value accounting. A simulation exercise is performed on how various external shocks affect the balance sheet of an average European bank under the two frameworks. The paper further investigates the impact of the alternative framework on the main balance sheet items, and the interaction with banks’ risk management, supervisory tools and statistical requirements. It also examines how the application of fair value accounting to banks’ trading book has impacted their share price volatility. It is concluded that the introduction of full fair value accounting could have a significant effect in terms of income volatility, procyclicality of bank lending and more generally financial stability. Hence, any move towards this alternative accounting framework should be gradual.accounting, banks, fair value, financial regulation, financial reporting, financial stability, risk management.

    Comparison between flying capacitor and modular multilevel inverter

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    The paper describes the operational principle of flying capacitor and modular multilevel inverters. The detailed discussions of dc link capacitors voltage balancing methods for both inverters are given in order to enable fair comparison. The causes of dc link capacitors voltage imbalance in flying capacitor multilevel inverter with more than three levels are highlighted. Computer simulation is used to compare the performance of both inverters under several operating conditions

    Applicability of fair simulation

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    AbstractIn this paper we compare four notions of fair simulation: direct [9], delay [12], game [19], and exists [16]. Our comparison refers to three main aspects: The time complexity of constructing the fair simulation, the ability to use it for minimization, and the relationship between the fair simulations and universal branching-time logics. We developed a practical application that is based on this comparison. The application is a new implementation for the assume-guarantee modular framework presented By Grumberg at al. in [ACM Transactions on Programming Languages and Systems (TOPLAS), 16 (1994) 843]. The new implementation significantly improves the complexity of the framework

    Fairness Comparison of Uplink NOMA and OMA

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    In this paper, we compare the resource allocation fairness of uplink communications between non-orthogonal multiple access (NOMA) schemes and orthogonal multiple access (OMA) schemes. Through characterizing the contribution of the individual user data rate to the system sum rate, we analyze the fundamental reasons that NOMA offers a more fair resource allocation than that of OMA in asymmetric channels. Furthermore, a fairness indicator metric based on Jain's index is proposed to measure the asymmetry of multiuser channels. More importantly, the proposed metric provides a selection criterion for choosing between NOMA and OMA for fair resource allocation. Based on this discussion, we propose a hybrid NOMA-OMA scheme to further enhance the users fairness. Simulation results confirm the accuracy of the proposed metric and demonstrate the fairness enhancement of the proposed hybrid NOMA-OMA scheme compared to the conventional OMA and NOMA schemes.Comment: 6 pages, accepted for publication, VTC 2017, Spring, Sydne
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