321 research outputs found

    An investigation of irregular crack path effects on fracture mechanics parameters using a grain microstructure meshing technique

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    Electronic version of an article published as Journal of Multiscale Modeling, Vol. 4, Iss. 1, atricle 1250001, 2012, http://dx.doi.org/10.1142/S1756973712500011 © World Scientific Publishing Company, http://www.worldscientific.com/worldscinet/jmmA sub-grain size finite element modelling approach is presented in this paper to investigate variations in fracture mechanics parameters for irregular crack paths. The results can be used when modelling intergranular and transgranular crack growth where creep and fatigue are the dominant failure mechanisms and their crack paths are irregular. A novel method for sub-grain scale finite element mesh consisting of multiple elements encased in ~50–150 μm-sized grains has been developed and implemented in a compact tension, C(T), mesh structure. The replicated shapes and dimensions were derived from an isotropic metallic grain structure using representative random sized grain shapes repeated in sequence ahead of the crack tip. In this way the effects of crack tip angle ahead of the main crack path can be considered in a more realistic manner. A comprehensive sensitivity analysis has been performed for elastic and elastic-plastic materials using ABAQUS and the stress distributions, the stress intensity factor and the J-integral have been evaluated for irregular crack paths and compared to those of obtained from analytical solutions. To examine the local and macroscopic graph path effects on fracture mechanics parameters, a few extreme cases with various crack-tip angles have been modelled by keeping the macroscopic crack path parallel to the axis of symmetry. The numerical solutions from these granular mesh structures have been found in relatively good agreement with analytical solutions

    Damage Probability Matrices and Empirical Fragility Curves From Damage Data on Masonry Buildings After Sarpol-e-zahab and Bam Earthquakes of Iran

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    The weakness of tensile strength and high weight in masonry structures under the dynamic loads of earthquakes has always led to structural damage, financial losses, injuries, and deaths. In spite of cheap and affordable masonry materials, their use has been very limited in constructions over the past three decades. However, common masonry materials are still found in monumental and historical structures, deteriorated texture, and rural buildings. Identifying the seismic behavior and the probability of the structural damage is vital for pre-earthquake seismic risk reduction of urban areas and the rapid post-earthquake assessment. The earthquake event that occurred in Ezgeleh on 2017 November 12 with Mw = 7.3 triggered the greatest damage in Sarpol-e-zahab city at a distance of about 37 km from the epicenter. Post-earthquake reconnaissance, microtremor analysis, and rapid visual inventory of structural damages in different zones were performed by research teams. In the present study, the strong ground motion and the peak ground acceleration, and its corresponding intensity distribution, which are based on the site response analysis in different parts of the city, are introduced. Afterward, damage probability matrices of different types of masonry buildings, namely unreinforced masonry and confined masonry buildings, are determined for both bins of peak ground accelerations and intensities. Finally, the fragility curves of two types of masonry structures are extracted based on the RISK-UE level 1 (LM1) method by assuming a beta distribution to estimate the probability distribution function of the damage. These curves are useful in assessing pre-earthquake possible damages in masonry structures with similar construction methods and similar materials to reduce seismic risks

    Optimization Makes Estimation Much More Worse

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    Mean-variance optimization as a modern portfolio theory is a major model for theoretical purposes, however, in practice portfolio managers don’t have enough interest despite some other ad hoc methods for many reasons such as estimation errors. Recently, the significance of modern portfolio theory has been analyzed that it doesn’t beat the simple naïve 1/N rule not only in many real empirical databases but also in a simulation. By this paper, due to inherent weakness of Sharpe ratio we first express more common use and adjusted measurements such as adjusted expected utility of portfolio under ambiguity aversion to analyze their effects on portfolio optimization after this consideration, because using only sample mean and variance (Sharpe ratio) to evaluate performance value for the portfolio models may be subject to considerable bias. Second, we propose a new model based on the new measurement (adjusting ambiguity Sharpe ratio) to improve portfolio optimization problem. Our result states that by using the new measurement mean- variance optimization beats the naïve rule by applying the adjusted measurement and also the novel model outperforms Markowitz in terms of Sharpe ratio while the interesting is that for adjusting Sharpe ratio inverse result exists. Therefore, our study expresses optimization makes estimation almost worse when we try to use a measurement as an optimization target. Keywords: portfolio selection, optimization, measurement, Sharpe ratio

    A Novel Approach to Construct Portfolio that Addresses Variance of Utility Function

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    Many studies in the area of portfolio selection have done based on trade-off among various moments especially between mean and risk of sample returns. Merton (1980) argued that the instability of portfolio weights and sampling errors are due more to estimate the amount of mean. Indeed, it is difficult to estimate the expected return from time series of realized expected return. By this paper, we first answer to this question how to eliminate the wrong effect of mean sample returns instead of ignoring it from calculating portfolio weights and how would be the relation of other moments after this consideration. Second, the substantial evidence from experiments shows that hide information exposes ambiguity aversion to investor’s behavior, and hence decision making under ambiguity for portfolio choice has led to improving tractability of the main features of asset returns. By considering the volatility of utility preferences as ambiguity then individuals prefer to stabilize their utility preferences to maximize their expected utility. Keywords: utility function, portfolio selection, risk aversion, ambiguity aversio

    The Effect of Current Expected Variance of Return on Future Trading Optimal Strategy

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    Due to the presence of transaction cost, most investors do not keep changing their portfolio to an optimal portfolio over time. This paper adopts a new approach to investigate the linkages between current optimal portfolio variance and the expected future portfolios variances. It is given a closed-form solution for optimal dynamic portfolio selection with trading cost; considering the minimum variance of the utility function as an optimal or selected portfolio by an investor for any period of time based on Gârleanu & Pedersen (2013) framework. Finally, we introduce the multi-period portfolio model based on CRRA preference utility function. Keywords: multiperiod portfolio selection, higher-order moments, CRRA utility function, optimal wealth change

    Validation of the persian version of spiritual well-being questionnaires

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    Background: Spiritual well-being is an important issue in health sciences, hence the need for validated instruments to assess this aspect of health in the Iranian population. The aim of the current study was to determine the validity of the Persian versions of 2 most common measures of spiritual health (Spiritual Well-Being Questionnaire SWBQ or Spiritual Health and Life-Orientation Measure SHALOM and Spiritual Well-Being Scale SWBS). Methods: This was a cross-sectional study via a convenience sampling method in Iran University of Medical Sciences with 170 participants aged above 18 years comprising students, teachers, and administrative staff and managers. The study was conducted from September 7, 2014 to September 20, 2015 in Tehran. Four questionnaires, namely the SWBQ, SWBS, General Health Questionnaire (GHQ-12), and Oxford Happiness Questionnaire (OHQ), were used. Statistical analysis was done using SPSS 18 and LISREL (version 8.2). Cronbach�s alpha, intra-class correlation coefficient, Pearson correlation, and confirmatory factor analysis were employed to assess the validity and reliability of the questionnaires. Results: Cronbach�s alpha for the SWBQ and the SWBS was greater than 0.85. The repeatability of both questionnaires was between 0.88 and 0.98. The Pearson correlation for the SWBQ and the SWBS ranged from 0.33 to 0.53; and all the correlations were significant. The respondents who indicated a higher spiritual well-being also reported better general health and happiness. Conclusion: The Persian versions of the SWBS and the SWBQ have good reliability, repeatability, and validity to assess spiritual health in the Iranian population. © 2018, Shiraz University of Medical Sciences. All rights reserved

    Validation of the persian version of spiritual well-being questionnaires

    Get PDF
    Background: Spiritual well-being is an important issue in health sciences, hence the need for validated instruments to assess this aspect of health in the Iranian population. The aim of the current study was to determine the validity of the Persian versions of 2 most common measures of spiritual health (Spiritual Well-Being Questionnaire SWBQ or Spiritual Health and Life-Orientation Measure SHALOM and Spiritual Well-Being Scale SWBS). Methods: This was a cross-sectional study via a convenience sampling method in Iran University of Medical Sciences with 170 participants aged above 18 years comprising students, teachers, and administrative staff and managers. The study was conducted from September 7, 2014 to September 20, 2015 in Tehran. Four questionnaires, namely the SWBQ, SWBS, General Health Questionnaire (GHQ-12), and Oxford Happiness Questionnaire (OHQ), were used. Statistical analysis was done using SPSS 18 and LISREL (version 8.2). Cronbach�s alpha, intra-class correlation coefficient, Pearson correlation, and confirmatory factor analysis were employed to assess the validity and reliability of the questionnaires. Results: Cronbach�s alpha for the SWBQ and the SWBS was greater than 0.85. The repeatability of both questionnaires was between 0.88 and 0.98. The Pearson correlation for the SWBQ and the SWBS ranged from 0.33 to 0.53; and all the correlations were significant. The respondents who indicated a higher spiritual well-being also reported better general health and happiness. Conclusion: The Persian versions of the SWBS and the SWBQ have good reliability, repeatability, and validity to assess spiritual health in the Iranian population. © 2018, Shiraz University of Medical Sciences. All rights reserved

    Experimental and numerical investigation of the weld geometry effects on Type IV cracking behaviour in P91 steel

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    The focus of the present study is on creep crack growth behaviour in Type IV region of P91 steel weldments at 650 °C. In the experimental studies on small- and large-scale single-edge notched specimens in tension, SENT, the effects of weld dimensions and specimen size on the creep crack growth behaviour of the material are investigated. The experimental results demonstrate that the crack starts to propagate at an angle normal to the loading direction, subsequently deviates towards the Type IV region and the specimen eventually ruptures when the crack growth angle becomes parallel to the loading direction. The creep rupture data for SENT specimens compared well with those of the round bar specimens for P91 welded joints. In addition, the data for crack growth rates from the deviating crack path were correlated with the C* fracture mechanics parameter and showed good agreement with standard compact tension test data. To predict the creep crack growth behaviour in the Type IV region, finite element simulations were performed in conjunction with a multiaxial ductility damage criterion at the weld/base metal interface. Given that a lower failure strain along the Type IV region is prominent, it is shown that the cracking, in line with the experiments, followed the HAZ region and led to the final creep rupture in the net sectio
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