34,829 research outputs found
Aluminum foil interconnects for solar cell panels
Commercially available sonic welding system and a specially-designed tip bonds aluminum foil interconnects to titanium-silver solar cell contacts
A General Stochastic Volatility Model for the Pricing and Forecasting of Interest Rate Derivatives
We develop a tractable and flexible stochastic volatility multi-factor model of the term structure of interest rates. It features correlations between innovations to forward rates and volatilities, quasi-analytical prices of zero-coupon bond options and dynamics of the forward rate curve, under both the actual and risk-neutral measure, in terms of a finite-dimensional affine state vector. The model has a very good fit to an extensive panel data set of interest rates, swaptions and caps. In particular, the model matches the implied cap skews and the dynamics of implied volatilities. The model also performs well in forecasting interest rates and derivatives.
Unspanned Stochastic Volatility and the Pricing of Commodity Derivatives
We conduct a comprehensive analysis of unspanned stochastic volatility in commodity markets in general and the crude-oil market in particular. We present model-free results that strongly suggest the presence of unspanned stochastic volatility in the crude-oil market. We then develop a tractable model for pricing commodity derivatives in the presence of unspanned stochastic volatility. The model features correlations between innovations to futures prices and volatility, quasi-analytical prices of options on futures and futures curve dynamics in terms of a low-dimensional affine state vector. The model performs well when estimated on an extensive panel data set of crude-oil futures and options.
The ionization of hydrogen and of hydrogenic positive ions by electron impact
Ionization of hydrogen and hydrogenic positive ions by electron impac
Enhanced vaccine control of epidemics in adaptive networks
We study vaccine control for disease spread on an adaptive network modeling
disease avoidance behavior. Control is implemented by adding Poisson
distributed vaccination of susceptibles. We show that vaccine control is much
more effective in adaptive networks than in static networks due to an
interaction between the adaptive network rewiring and the vaccine application.
Disease extinction rates using vaccination are computed, and orders of
magnitude less vaccine application is needed to drive the disease to extinction
in an adaptive network than in a static one
End to end distance on contour loops of random gaussian surfaces
A self consistent field theory that describes a part of a contour loop of a
random Gaussian surface as a trajectory interacting with itself is constructed.
The exponent \nu characterizing the end to end distance is obtained by a Flory
argument. The result is compared with different previuos derivations and is
found to agree with that of Kondev and Henley over most of the range of the
roughening exponent of the random surface.Comment: 7 page
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