An Introduction to Machine Learning in Quantitative Finance

In this book, the authors provide a systematic and rigorous introduction to supervised, unsupervised and reinforcement learning by establishing essential definitions and theorems

Reversible Embedding to Covers Full of Boundaries

In reversible data embedding, to avoid overflow and underflow problem, before data embedding, boundary pixels are recorded as side information, which may be losslessly compressed. The existing algorithms often assume that a natural image has little boundary pixels so that the size of side information is small. Accordingly, a relatively high pure payload could be achieved. However, there actually may exist a lot of boundary pixels in a natural image, implying that, the size of side information could be very large. Therefore, when to directly use the existing algorithms, the pure embedding capacity may be not sufficient. In order to address this problem, in this paper, we present a new and efficient framework to reversible data embedding in images that have lots of boundary pixels. The core idea is to losslessly preprocess boundary pixels so that it can significantly reduce the side information. Experimental results have shown the superiority and applicability of our work

The concept and algorithm of 'conductor renting' and its application in transmission losses allocation

The cost of transmission losses represents an important part of transmission costs. In the context of competitive electricity marketplace, the costs caused by transmission losses should be reasonably allocated to various market participants, but the nonlinearity of the transmission losses function makes the allocation very difficult. In this paper, the concept of 'conductor renting' is proposed for the first time and is used to solve transmission losses allocation problem. The analysis indicates that the active power losses caused by different current components are in proportion to the conductor section acreage and the corresponding conductance used by the current components, and the reactive power losses caused by current components have similar characteristics. Based on the concept of conductor renting, it is easy to solve the losses allocation problem, and the interaction effect of the transactions is eliminated.published_or_final_versio

Review of Transmission Fixed Costs Allocation Methods

In the context of competitive electricity markets, transmission fixed costs should be fairly allocated to transmission users. A reasonable allocation method could lead to efficient utilizations of existing transmission facilities and, at the same time, provide economic signals for guiding future generation planning and load sitting. In this paper, a comprehensive literature survey is made on available methods of transmission fixed cost allocations. The review is conducted from several different aspects including: costs to be allocated, entities to pay the costs, system states to be based on, cost allocations of unused capacities, pricing of counter flow and that of reactive power, and allocation principles and methods. In addition, the characteristics of each method are analyzed and compared with those of the others.published_or_final_versio

Raman spectroscopy of epitaxial graphene on a SiC substrate

The fabrication of epitaxial graphene (EG) on SiC substrate by annealing has attracted a lot of interest as it may speed up the application of graphene for future electronic devices. The interaction of EG and the SiC substrate is critical to its electronic and physical properties. In this work, Raman spectroscopy was used to study the structure of EG and its interaction with SiC substrate. All the Raman bands of EG blue shift from that of bulk graphite and graphene made by micromechanical cleavage, which was attributed to the compressive strain induced by the substrate. A model containing 13 x 13 honeycomb lattice cells of graphene on carbon nanomesh was constructed to explain the origin of strain. The lattice mismatch between graphene layer and substrate causes the compressive stress of 2.27 GPa on graphene. We also demonstrate that the electronic structures of EG grown on Si and C terminated SiC substrates are quite different. Our experimental results shed light on the interaction between graphene and SiC substrate that are critical to the future applications of EG.Comment: 20 pages, 5 figure

Documentation of a new hypotrich species in the family Amphisiellidae, Lamtostyla gui n. sp. (Protista, Ciliophora) using a multidisciplinary approach

An integrated approach considering both morphologic and molecular data is now required to improve biodiversity estimations and provide more robust systematics interpretations in hypotrichs, a highly differentiated group of ciliates. In present study, we document a new hypotrich species, Lamtostyla gui n. sp., collected from Chongming wetland, Shanghai, China, based on investigations using living observation, protargol staining, scanning and transmission electron microscopy, and gene sequencing. The new species is mainly recognized by having a short amphisiellid median cirral row composed of four cirri, three frontoventral cirri, three dorsal kinetids, four to eight macronuclear nodules, and small colorless cortical granules distributed as rosettes around dorsal bristles. Transmission electron microscope observation finds the associated microtubules of cirri and pharyngeal discs of L. gui are distinct from those in other hypotrichs. Morphogenesis of this species indicates that parental adoral membranelles retained intact or partial renewed is a potential feature to separate Lamtostyla granulifera-group and Lamtostyla lamottei-group. Phylogenetic analysis based on small subunit ribosomal RNA (rRNA) gene shows that this molecular marker is not useful to resolve phylogenetic relationships of the genus Lamtostyla, as well as many other hypotrichous taxa. We additionally characterize the internal transcribed spacers (ITS) region and the almost complete large subunit rRNA, which will be essential for future studies aimed at solving phylogenetic problems of Lamtostyla, or even the family Amphisiellidae. As a final remark, the critical screening of GenBank using ITS genes of our organism allows us to recognize a large amount of hypotrichous sequences have been misclassified as fungi. This observation suggests that hypotrichs could be frequently found in fungi-rich environment and overlooked by fungal specialists