Theory and Calibration of Swap Market Models

This paper introduces a general framework for market models, named Market Model Approach, through the concept of admissible sets of for-ward swap rates spanning a given tenor structure. We relate this concept to results in graph theory by showing that a set is admissible if and only if the associated graph is a tree. This connection enables us to enumerate all admissible models for a given tenor structure. Three main classes are identified within this framework, and correspond to the co-terminal, co-initial, and co-sliding model. We prove that the LIBOR market model is the only admissible model of a co-sliding type. By focusing on the co-terminal model in a lognormal setting, we develop and compare several approximating analytical formulae for caplets, while swaptions can be priced by a simple Black-type formula. A novel calibration technique is introduced to allow simultaneous calibration to caplet and swaption prices. Empirical calibration of the co-terminal model is shown to be faster, more robust and more efficient than the same procedure applied to the LIBOR market model. We then argue that the co-terminal approach is the simplest and most convenient market model for pricing and hedging a large variety of exotic interest-rate derivatives.Swap Market Model, Cap, Swaption, Calibration, Graph Theory

TARGET: Rapid Capture of Process Knowledge

TARGET (Task Analysis/Rule Generation Tool) represents a new breed of tool that blends graphical process flow modeling capabilities with the function of a top-down reporting facility. Since NASA personnel frequently perform tasks that are primarily procedural in nature, TARGET models mission or task procedures and generates hierarchical reports as part of the process capture and analysis effort. Historically, capturing knowledge has proven to be one of the greatest barriers to the development of intelligent systems. Current practice generally requires lengthy interactions between the expert whose knowledge is to be captured and the knowledge engineer whose responsibility is to acquire and represent the expert's knowledge in a useful form. Although much research has been devoted to the development of methodologies and computer software to aid in the capture and representation of some types of knowledge, procedural knowledge has received relatively little attention. In essence, TARGET is one of the first tools of its kind, commercial or institutional, that is designed to support this type of knowledge capture undertaking. This paper will describe the design and development of TARGET for the acquisition and representation of procedural knowledge. The strategies employed by TARGET to support use by knowledge engineers, subject matter experts, programmers and managers will be discussed. This discussion includes the method by which the tool employs its graphical user interface to generate a task hierarchy report. Next, the approach to generate production rules for incorporation in and development of a CLIPS based expert system will be elaborated. TARGET also permits experts to visually describe procedural tasks as a common medium for knowledge refinement by the expert community and knowledge engineer making knowledge consensus possible. The paper briefly touches on the verification and validation issues facing the CLIPS rule generation aspects of TARGET. A description of efforts to support TARGET's interoperability issues on PCs, Macintoshes and UNIX workstations concludes the paper

An Attempt to Probe the Radio Jet Collimation Regions in NGC 4278, NGC 4374 (M84), and NGC 6166

NRAO Very Long Baseline Array (VLBA) observations of NGC 4278, NGC 4374 (M84), NGC 6166, and M87 (NGC 4486) have been made at 43 GHz in an effort to image the jet collimation region. This is the first attempt to image the first three sources at 43 GHz using Very Long Baseline Interferometry (VLBI) techniques. These three sources were chosen because their estimated black hole mass and distance implied a Schwarzschild radius with large angular size, giving hope that the jet collimation regions could be studied. Phase referencing was utilize for the three sources because of their expected low flux densities. M87 was chosen as the calibrator for NGC 4374 because it satisfied the phase referencing requirements: nearby to the source and sufficiently strong. Having observed M87 for a long integration time, we have detected its sub-parsec jet, allowing us to confirm previous high resolution observations made by Junor, Biretta & Livio, who have indicated that a wide opening angle was seen near the base of the jet. Phase referencing successfully improved our image sensitivity, yielding detections and providing accurate positions for NGC 4278, NGC 4374 and NGC 6166. These sources are point dominated, but show suggestions of extended structure in the direction of the large-scale jets. However, higher sensitivity will be required to study their sub-parsec jet structure

Using Pinch Gloves(TM) for both Natural and Abstract Interaction Techniques in Virtual Environments

Usable three-dimensional (3D) interaction techniques are difficult to design, implement, and evaluate. One reason for this is a poor understanding of the advantages and disadvantages of the wide range of 3D input devices, and of the mapping between input devices and interaction techniques. We present an analysis of Pinch Gloves™ and their use as input devices for virtual environments (VEs). We have developed a number of novel and usable interaction techniques for VEs using the gloves, including a menu system, a technique for text input, and a two-handed navigation technique. User studies have indicated the usability and utility of these techniques

The Discovery of Extended Thermal X-ray Emission from PKS 2152-699: Evidence for a `Jet-cloud' Interaction

A Chandra ACIS-S observation of PKS 2152-699 reveals thermal emission from a diffuse region around the core and a hotspot located 10" northeast from the core. This is the first detection of thermal X-ray radiation on kiloparsec scales from an extragalactic radio source. Two other hotspots located 47" north-northeast and 26" southwest from the core were also detected. Using a Raymond-Smith model, the first hotspot can be characterized with a thermal plasma temperature of 2.6$\times10^6$ K and an electron number density of 0.17 cm$^{-3}$. These values correspond to a cooling time of about 1.6$\times10^7$ yr. In addition, an emission line from the hotspot, possibly Fe xxv, was detected at rest wavelength 10.04\AA. The thermal X-ray emission from the first hotspot is offset from the radio emission but is coincident with optical filaments detected with broadband filters of HST/WFPC2. The best explanation for the X-ray, radio, and optical emission is that of a `jet-cloud' interaction. The diffuse emission around the nucleus of PKS 2152-699 can be modeled as a thermal plasma with a temperature of 1.2$\times10^7$ K and a luminosity of 1.8$\times10^{41}$ erg s$^{-1}$. This emission appears to be asymmetric with a small extension toward Hotspot A, similar to a jet. An optical hotspot (EELR) is seen less than an arcsecond away from this extension in the direction of the core. This indicates that the extension may be caused by the jet interacting with an inner ISM cloud, but entrainment of hot gas is unavoidable. Future observations are discussed.Comment: To appear in the Astrophysical Journal 21 pages, 5 Postscript figures, 1 table, AASTeX v. 5.

System and method for transferring telemetry data between a ground station and a control center

Disclosed herein are systems, computer-implemented methods, and tangible computer-readable media for coordinating communications between a ground station, a control center, and a spacecraft. The method receives a call to a simple, unified application programmer interface implementing communications protocols related to outer space, when instruction relates to receiving a command at the control center for the ground station generate an abstract message by agreeing upon a format for each type of abstract message with the ground station and using a set of message definitions to configure the command in the agreed upon format, encode the abstract message to generate an encoded message, and transfer the encoded message to the ground station, and perform similar actions when the instruction relates to receiving a second command as a second encoded message at the ground station from the control center and when the determined instruction type relates to transmitting information to the control center

Emerging Methods to Objectively Assess Pruritus in Atopic Dermatitis.

INTRODUCTION:Atopic dermatitis (AD) is an inflammatory skin disease with a chronic, relapsing course. Clinical features of AD vary by age, duration, and severity but can include papules, vesicles, erythema, exudate, xerosis, scaling, and lichenification. However, the most defining and universal symptom of AD is pruritus. Pruritus or itch, defined as an unpleasant urge to scratch, is problematic for many reasons, particularly its negative impact on quality of life. Despite the profoundly negative impact of pruritus on patients with AD, clinicians and researchers lack standardized and validated methods to objectively measure pruritus. The purpose of this review is to discuss emerging methods to assess pruritus in AD by describing objective patient-centered tools developed or enhanced over the last decade that can be utilized by clinicians and researchers alike. METHODS:This review is based on a literature search in Medline, Embase, and Web of Science databases. The search was performed in February 2019. The keywords were used "pruritus," "itch," "atopic dermatitis," "eczema," "measurements," "tools," "instruments," "accelerometer," "wrist actigraphy," "smartwatch," "transducer," "vibration," "brain mapping," "magnetic resonance imaging," and "positron emission tomography." Only articles written in English were included, and no restrictions were set on study type. To focus on emerging methods, prioritization was given to results from the last decade (2009-2019). RESULTS:The search yielded 49 results in PubMed, 134 results in Embase, and 85 results in Web of Science. Each result was independently reviewed in a standardized manner by two of the authors (M.S., K.L.), and disagreements between reviewers were resolved by consensus. Relevant findings were categorized into the following sections: video surveillance, acoustic surveillance, wrist actigraphy, smart devices, vibration transducers, and neurological imaging. Examples are provided along with descriptions of how each technology works, instances of use in research or clinical practice, and as applicable, reports of validation studies and correlation with other methods. CONCLUSION:The variety of new and improved methods to evaluate pruritus in AD is welcomed by clinicians, researchers, and patients alike. Future directions include next-generation smart devices as well as exploring new territories, such as identifying biomarkers that correlate to itch and machine-learning programs to identify itch processing in the brain. As these efforts continue, it will be essential to remain patient-centered by developing techniques that minimize discomfort, respect privacy, and provide accurate data that can be used to better manage itch in AD

Pengaruh Suplementasi Saccharomyces Cerevisiae sebagai Probiotik dalam Ransum Berbasis Pakan Lokal terhadap Performans dan Kecernaan Nutrisi pada Babi Lokal Fase Starter

The long term purposes of the study are to change the mind and the custom of pigs farmers from using restaurant or household wastes to using local feeds enriched with yeast (Saccharomyces cerevisiae). The short term or special purpose of the study are to find out the cheaper alternative feeds for pigs and information of using yeast to improve feeds quality and pigs productivity. The study with those purposes was carried out off farm by supplementing yeast into low quality pig feeds (crude protein/CP ≤ 16%) of local weaned pigs composed of: corn meal, rice brand, soybean/tofu extract and unused fish meal. 12 local weaned pigs were fed 4 treatment diets based on block design of 4 treatments with 3 blocks design procedure. The 4 treatment feeds were formulated as : R0 (commercial diet/551); R1 (basal feed + 2% yeast of daily requirement); R2 (basal feed + 4% yeast of daily requirement); and R3 (basal feed + 6% yeast of daily requirement). Feed intake, daily weight gain, feeds conversion efficiency, protein, and crude fibre digestibility were studied in the study. Statistical analysis showed that the effect of the treatments is not significant (P>0.05) on all variables studied. Supplementation yeast of 6% is the best treatment performing the highest result of most variable studied. The conclusion drawn is that supplementing yeast up to 6% could improve performance of weaned pigs fed low quality feed and perform the similar result with feeding commercial feed (551). It is suggested to use yeast up to 6% in the diet and further research including widen range and high level of yeast supplementation could be done

Population-Based Pediatric Hospitalization Burden of Lineage-Specific Influenza B in Hong Kong, 2004–2014

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