4,397 research outputs found
Real Estate Research in Asia - Past, Present and the Future
teh The growth in real estate research in Asia has been very significant over the past decade. Figure 1 shows the trend of the research papers on Asian real estate markets published in 17 real estate academic journals. A list of the journals surveyed is shown in Table 1. This number represents only a fraction of all the studies on the Asian real estate markets since books, research monographs, research reports, conference papers, and journal papers published in languages other than English are not included. Figure 2 shows the breakdown by markets.Asia, Real Estate
One Dimensional ary Density Classification Using Two Cellular Automaton Rules
Suppose each site on a one-dimensional chain with periodic boundary condition
may take on any one of the states , can you find out the most
frequently occurring state using cellular automaton? Here, we prove that while
the above density classification task cannot be resolved by a single cellular
automaton, this task can be performed efficiently by applying two cellular
automaton rules in succession.Comment: Revtex, 4 pages, uses amsfont
Finding The Sign Of A Function Value By Binary Cellular Automaton
Given a continuous function , suppose that the sign of only has
finitely many discontinuous points in the interval . We show how to use
a sequence of one dimensional deterministic binary cellular automata to
determine the sign of where is the (number) density of 1s in
an arbitrarily given bit string of finite length provided that satisfies
certain technical conditions.Comment: Revtex, uses amsfonts, 10 page
Over-Confidence and Cycles in Real Estate Markets: Cases in Hong Kong and Asia
Studies on the calibration of subjective probabilities find that people tend to over-estimate the precision of their knowledge. In this paper we develop a semi-rational model and apply it to the real estate markets in Hong Kong and other Asian countries. The key point is that a person is rational about her/his private information until her/his private information is confirmed by a clearly defined market signal. Using a pre-sale as a mechanism of updating a developer's beliefs, this paper analyzes the impact of over-confidence on overbuilding and cycles in real estate markets. Our finding indicates that a pre-sale activity will increase the magnitude of over-building and over-confidence will increase the volatility in real estate markets. Our model also has implications to the well-established literature dealing with the issue of over-capacity in many industrial sectors.
A computer-enhanced pH study of the formaldehyde–sulphite clock reaction
The formaldehyde-sulphite clock reaction was studied using an
Orion SA 720 pH/ISE meter interfaced to an IBM PC. The
laboratory software ‘ASYST’ was employed to facilitate data
acquisition and data treatment. Experimental pH profiles thus
obtained for the first time were simulated by invoking a theoretical
model based on the reaction mechanism suggested by Burnett [1].
The variation of rate constants with compositions of reaction
mixtures was also discuseed in light of the empirical expression
proposed by Bell and Evans [2] for instantaneous rate constant of
the clock reaction
Neural processes of proactive and reactive controls modulated by motor-skill experiences
This study investigated the experience of open and closed motor skills on modulating proactive and reactive control processes in task switching. Fifty-four participants who were open-skilled
Quantum Convolutional Error Correcting Codes
I report two general methods to construct quantum convolutional codes for
-state quantum systems. Using these general methods, I construct a quantum
convolutional code of rate 1/4, which can correct one quantum error for every
eight consecutive quantum registers.Comment: Minor revisions and clarifications. To appear in Phys. Rev.
Flavor SU(3) symmetry and QCD factorization in and decays
Using flavor SU(3) symmetry, we perform a model-independent analysis of
charmless decays. All the relevant
topological diagrams, including the presumably subleading diagrams, such as the
QCD- and EW-penguin exchange diagrams and flavor-singlet weak annihilation
ones, are introduced. Indeed, the QCD-penguin exchange diagram turns out to be
important in understanding the data for penguin-dominated decay modes. In this
work we make efforts to bridge the (model-independent but less quantitative)
topological diagram or flavor SU(3) approach and the (quantitative but somewhat
model-dependent) QCD factorization (QCDF) approach in these decays, by
explicitly showing how to translate each flavor SU(3) amplitude into the
corresponding terms in the QCDF framework. After estimating each flavor SU(3)
amplitude numerically using QCDF, we discuss various physical consequences,
including SU(3) breaking effects and some useful SU(3) relations among decay
amplitudes of and .Comment: 47 pages, 3 figures, 28 table
Benefit sharing for BIM implementation: Tackling the moral hazard dilemma in inter-firm cooperation
Building information modeling (BIM) plays an important role in furthering value-creation of construction projects by advocating the inter-firm cooperation. When implementing BIM, however, individual firms inherently safeguard their self-interests regardless of the fact that inter-firm cooperation might reap joint BIM benefits for a project overall, which epitomizes a typical problem of moral hazards in project-based organizations. This paper develops an outcome-linked benefit sharing model that considers sharing joint BIM benefits among stakeholders including designers, contractors, and clients for tracking moral hazards therein. By modeling stakeholders' behaviors as evolutionary games within a principal–agent formalism, it has been deducted that (1) designers/contractors could be incentivized to cooperate had each stakeholder received a share higher than the quotient of BIM costs over value-creation in the design/construction phase; and (2) how joint BIM benefits can be more than noncooperation outcomes is key for clients to support BIM implementation
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