Testing Alternative Theories of the Property Price-Trading Volume Correlation

This article examines the correlation between the real housing price and trading volume. Contrary to the predictions of standard rational expectation models, a robust positive correlation between the two variables is identified. While no clear lead-lag relationship is found in the raw data, which is more consistent with the downpayment effect model, the medium-run component of the trading volume tends to lead (and Granger cause) the corresponding component of the property price, which is more consistent with the search theoretic model. An explanation for this difference in behavior is suggested and several future research directions are provided.

Physically-Realizable Uniform Temperature Boundary Condition Specification on a Wall of an Enclosure: Part I – Problem Investigation

Designing an experimental apparatus requires considerable amount of planning. Despite proper planning, one can easily overlook a design such as the standard uniform temperature boundary condition applied to all or portion of a wall of an experimental apparatus. Although this boundary condition is mathematically simple and precise, achieving it physically may not be that simple. This paper addresses one such three-dimensional natural convection heat transfer apparatus that was designed to measure benchmark Nusselt numbers at various Rayleigh numbers with uniform temperatures specified at two walls of the enclosure. It was found that the effect of thermal spreading/constriction resistance on one wall where this uniform temperature condition was prescribed was significant, and as a result, the uniform temperature profile based on the initial design was not physically achieved. In support of this non-uniform temperature observation, this paper presents a thermal resistance model of a plate (which is a portion of this overall heat transfer apparatus) to explain the observed temperature non-uniformity. The results obtained from the current model are validated with measured data, and in terms of a temperature difference between two locations on the plate, the approximate analytical solution is well within the experimental error of 0.03K

Internet of Things (IoT) enabled water monitoring system

Water is always a crucial part of everyday life. Due to global environmental situation, water management and conservation is vital for human survival. In recent times, there were huge needs of consumer based humanitarian projects that could be rapidly developed using Internet of Things (IoT) technology. In this paper, we propose an IoT based water monitoring system that measures water level in real-time. Our prototype is based on idea that the level of the water can be very important parameter when it comes to the flood occurrences especially in disaster prone areas. A water level sensor is used to detect the desired parameter, and if the water level reaches the parameter, the signal will be feed in realtime to social network like Twitter. A cloud server was configured as data repository. The measurement of the water levels are displayed in remote dashboard