Mitigating Resource Management and Continuous Integration Obstacles in Heavy Traffic Systems Using Containerization and Orchestration Tools

In this paper I covered virtualization technologies, including Virtual Machines and Containerization engines analyzing their advantages and drawbacks. After reviewing possible container application areas, I introduce Kubernetes, an orchestration tool that manages a cluster of containers on autopilot given correct configurations. After that, I give more details on how an orchestration framework functions, communicates with containers, and keeps the containers up. Moreover, I propose CI/CD tools and compare their efficiency through a designed experiment built using a cluster of nodes provided by the accessible version of Google Cloud Platform and deployed containers via Google Kubernetes Engine. At the end of the experiment, I give a comprehensive analysis of the results. To summarize, both containers and virtual machine technologies allow users to describe and develop their software environments before running them on top of multiple resources in a portable, repeatable manner. With containers, it is possible to construct scalable architecture composed of a large number of services (microservices). Also, the integration of new features can be done more efficiently if deployed in a continuous manner using the proposed CI/CD tools. Nevertheless, there are open questions to be researched, such as how the various tools respond when something goes wrong in the pipelines and the best policies for reverting to previous versions to ensure high availability

Brent nefti opsiyonlarından neytral riskli ehtimal paylanmasının əldə olunması

In this study, we estimate a risk-neutral implied probability distribution using American call (put) options on Brent oil futures. For this purpose, we apply three different methodologies: non-parametric approach (kernel density estimation), semi-parametric approach by Shimko (1997), Datta and others (2014) and parametric approach by Bahra (1997), Melik and Tomas (1997). One advantage of probability distribution estimation is that besides providing us with average market expectation, it also helps to calculate different moments and attach probabilities to oil price expectations. This study intends to develop a necessary toolbox for policymakers to undertake different case study analysis that will facilitate decision-making process and helps them to promptly address the global shocks. As examples for the case studies, we examine impacts of Yemen - Saudi Arabia (airstrike) conflict and 166th OPEC meeting decisions on oil price expectations. We show that the methodologies employed for the estimations of implied probability distribution and case study analysis deliver plausible and convincing results. Note that, albeit study covers estimations of oil price expectations, employed methodology can be easily applied to other financial markets, i.e., international exchange market or LIBOR to asses expectations

Brent nefti opsiyonlarından neytral riskli ehtimal paylanmasının əldə olunması

In this study, we estimate a risk-neutral implied probability distribution using American call (put) options on Brent oil futures. For this purpose, we apply three different methodologies: non-parametric approach (kernel density estimation), semi-parametric approach by Shimko (1997), Datta and others (2014) and parametric approach by Bahra (1997), Melik and Tomas (1997). One advantage of probability distribution estimation is that besides providing us with average market expectation, it also helps to calculate different moments and attach probabilities to oil price expectations. This study intends to develop a necessary toolbox for policymakers to undertake different case study analysis that will facilitate decision-making process and helps them to promptly address the global shocks. As examples for the case studies, we examine impacts of Yemen - Saudi Arabia (airstrike) conflict and 166th OPEC meeting decisions on oil price expectations. We show that the methodologies employed for the estimations of implied probability distribution and case study analysis deliver plausible and convincing results. Note that, albeit study covers estimations of oil price expectations, employed methodology can be easily applied to other financial markets, i.e., international exchange market or LIBOR to asses expectations

Mevduat sigorta sistemleri ve Azerbaycan uygulaması

ABSTRACT In the current period of globalization, countries’ economic integration into the world markets, free access of currencies into markets, entrance of foreign capital to economies resulted in easy reflection of any possible world-wide crisis on country economies. Such a situation also affected banks that play important role in the economy. Deposit insurance has been considered one of the most urgent methods to prevent savers’ “escape” from banks in times of banking crises. In this thesis, through the analysis of features, history, advantages and disadvantages of deposit insurance systems and examination of world-wide applied deposit insurance systems, proposals were made on the activities of newly founded deposit insurance fund of Azerbaijan. Keywords: Banking System, Deposit Insurance, Risk Based Premiums Yaşadığımız küreselleşme sürecinde ülke ekonomilerinin dünya piyasalarına açılması, piyasalara dövizin serbest bir şekilde girebilmesi, ülke ekonomilerine yabancı sermayenin girmesi dünya çapında oluşacak her hangi bir krizin kolay bir şekilde ülke ekonomilerine yansıması ile sonuçlanmıştır. Bu durum ekonomide önemli yer alan bankaları da etkilemiştir. Bankacılık krizleri zamanında tasarruf sahiplerinin bankalardan “kaçışlarını” önlemek için mevduat sigortası, en güncel yöntemlerden biri olarak görülmüştür. Bu çalışmada mevduat sigorta sisteminin özellikleri, tarihçesi, olumlu ve olumsuz tarafları ve dünyada uygulanan mevduat sigorta sistemleri incelenerek, Azerbaycan’da yeni kurulmuş olan mevduat sigorta fonunun faaliyeti ile ilgili önerilerde bulunulmuştur. Anahtar Kelimeler: Bankacılık Sistemi, Mevduat Sigortası, Riske Dayalı Prim Sistem

"GREEN FIRMS" AS TARGETS OF M&A DEALS

The role of environment-friendly practices on the sustainable future of our planet has become one of the most crucial global issues of our century. Fuelled by this tendency, green industries and companies started to be considered as the main performers of subsequent demand for economic expansion, meanwhile contributing to the environmental and ecological continuity. In the current competitive business ecosystem, successful companies tend to increase their market share with M&A deals. Even though these deals help companies to improve their competitive position, buyers must settle a huge amount of capital for them. Increasing pressure rooted by the expansion of environmental awareness can be seen as only one of numerous motives for going into green merger and acquisition deals. Do acquirers bear higher transaction premiums for the sake of responsibility in front of communities or do they aim to gain further economic value? This research investigates if the bidders can excel through green merger and acquisitions, given that these deals have a huge impact on the formulation of a positive attitude toward them. For this purpose, the long and short term performance indicators of the acquirer companies in the pre-deal and post-deal periods are evaluated