Excursions of risk processes with inverse gaussian processes and their applications in insurance

Parisian excursion of a Levy process is defined as the excursion of the process below or above a pre-defined barrier continuously exceeding a certain time length. In this thesis, we study classical and Parisian type of ruin problems, as well as Parisian excursions of collective risk processes generalized on the classical Cramer-Lundberg risk model. We consider that claim sizes follow mixed exponential distributions and that the main focus is claim arrival process converging to an inverse Gaussian process. By this convergence, there are infinitely many and arbitrarily small claim sizes over any finite time interval. The results are obtained through Gerber-Shiu penalty function employed in an infinitesimal generator and inverting corresponding Laplace transform applied to the generator. In Chapter 3, the classical collective risk process under the Cram´er-Lundberg risk model framework is introduced, and probabilities of ruin with claim sizes following exponential distribution and a combination of exponential distributions are also studied. In Chapter 4, we focus on a surplus process with the total claim process converging to an inverse Gaussian process. The classical probability of ruin and the joint distribution of ruin time, overshoot and initial capital are given. This joint distribution could provide us with probabilities of ruin given different initial capitals in any finite time horizon. In Chapter 5, the classical ruin problem is extended to Parisian type of ruin, which requires that the length of excursions of the surplus process continuously below zero reach a predetermined time length. The joint law of the first excursion above zero and the first excursion under zero is studied. Based on the result, the Laplace transform of Parisian ruin time and formulae of probability of Parisian type of ruin with different initial capitals are obtained. Considering the asymptotic properties of claim arrival process, we also propose an approximation of the probability of Parisian type of ruin when the initial capital converges to infinity. In Chapter 6, we generalize the surplus process to two cases with total claim process still following an inverse Gaussian process. The first generalization is the case of variable premium income, in which the insurance company invests previous surplus and collects interest. The probability of survival and numerical results are given. The second generalization is the case in which capital inflow is also modelled by a stochastic process, i.e. a compound Poisson process. The explicit formula of the probability of ruin is provided

A new experience mining approach for improving low carbon city development

Developing low carbon city (LCC) has been widely appreciated as an important strategy for sustainable development. In line with this, an increasing number of cities globally have launched low carbon practices in recent years and gained various types of experience. However, it appears that existing studies do not present methods of how to use these valuable LCC experience in solving new problems. This study therefore introduces an experience mining approach to assist decision‐makers in reusing previous experience when tailoring LCC development strategies. The mining approach consists of three processes, namely, collecting historical cases which have been experiencing LCC, establishing LCC experience base, and mining similar experience cases. This study innovates the existing experience mining approach by introducing a two‐step mining process with considering the perspective of problem‐based urban characteristics (PBUCs) and the perspective of solution‐based urban characteristics (SBUCs). The application of the introduced mining approach has been demonstrated by a case study, where Shenyang’s energy structure is adopted as the target problem. The new experience mining approach provides a valuable reference for decision‐makers to retrieve similar cases for improving LCC development with the consideration of city characteristics.Peer Reviewedhttp://deepblue.lib.umich.edu/bitstream/2027.42/156189/2/sd2046_am.pdfhttp://deepblue.lib.umich.edu/bitstream/2027.42/156189/1/sd2046.pd

Self-driven electron enrichment of ultrafine PdAu nanoparticles for electrochemical CO₂ reduction:High applicability of work function as an activity descriptor

Highly coupled metal/dopant-incorporated carbon dyads provide a possibility to modulate the electron density of metallic materials by forming a rectifying interface, thus showing an enhanced activity in electrochemical CO2 reduction reaction (ECRR). However, understanding the promotion effects of dopants for ECRR is limited to the prediction by theoretical interpretation and case-by-case studies. Herein, we report the direct experimental evidence that the work function, regulated by single structural factor-dopant contents, is significantly correlated to the ECRR reaction activity and kinetics. We prepared a series of PdAu/NxC electrocatalysts composed of ultrafine (∼5.7 nm) PdAu bimetallic nanoparticles and tailorable N-doped carbon supports. The wide range of the amount of N dopants allowed the modification of the band gap of the carbon easily. Using ultraviolet photoelectron spectroscopy (UPS) measurements, we demonstrate that the reactivity and kinetics trends of the PdAu/NxC in the ECRR can be intrinsically correlated with the work function of the catalysts. PdAu/N7.50C electrocatalyst with the highest N contents displays a 100% CO2-to-CO conversion and high conversion efficiency over a wide potential window, superior over other reported PdAu catalysts. This work provides a novel way to boost ECRR performance by deliberately lowering the work function of the metal/carbon electrocatalysts through the enhancement by dopants.</p

Increased Ion Conductivity in Composite Solid Electrolytes With Porous Co3O4 Cuboids

Compared with the fagile ceramic solid electrolyte, Li-ion conducting polymer electrolytes are flexible and have better contact with electrodes. However, the ionic conductivity of the polymer electrolytes is usually limited because of the slow segment motion of the polymer. In this work, we introduce porous Co3O4 cuboids to Poly (Ethylene Oxide)-based electrolyte (PEO) to investigate the influence of these cuboids on the ionic conductivity of the composite electrolyte and the performance of the all-solid-state batteries. The experiment results showed the porous cuboid Co3O4 fillers not only break the order motion of segments of the polymer to increase the amorphous phase amount, but also build Li+ continuous migration pathway along the Co3O4 surface by the Lewis acid-base interaction. The Li+ conductivity of the composite polymer electrolyte reaches 1.6 × 10−4 S cm−1 at 30°C. The good compatibility of the composite polymer electrolyte to Li metal anode and LiFePO4 cathode ensures good rate performance and long cycle life when applying in an all-solid-state LiFePO4 battery. This strategy points out the direction for developing the high-conducting composite polymer electrolytes for all-solid-state batteries

Trait evaluation and trial cultivation of Dongfang No. 2, the hybrid of a male gametophyte clone of Laminaria longissima (Laminariales, Phaeophyta) and a female one of L. japonica

Direct cultivation of the first filial generation of gametophyte clones from different Laminaria species is a highly effective way of utilizing kelp heterozygous vigor (heterosis). A male gametophyte clone of L. longissima Miyabe and a female one of L. japonica Areschoug were hybridized, generating Dongfang No. 2 hybrid kelp. This hybrid kelp was used directly in trial cultivation, and its agronomical traits were evaluated. L. longissima and L. japonica are obviously different and complement each other in their morphological characteristics and ecological performances. The hybrid of their gametophyte clones, Dongfang No. 2, showed 56.8% heterozygous vigor in yield. It also showed increased yields of 41.0 and 76.4% compared to the widely used commercial kelps Variety 1 and Variety 2, respectively. In large-scale cultivation trials at different locations and in different years, Dongfang No. 2 attained significantly higher yields than Varieties 1 and 2, increasing yield by 26.4% on average over Variety 1 and by 65.0% over the other. Dongfang No. 2 has a robust holdfast and a wide, long and deep-brown uniform blade, which shows a distinct middle groove. In addition to yield, Dongfang No. 2 also demonstrates obvious heterozygous vigor in other agronomic traits. It is resistant to strong irradiance, as the two commercial varieties are, has an appropriate vegetative maturation time, and adapts well to a range of different culture conditions. The parentage analysis using AFLP of total DNA and SNP of the ITS region of ribosomal RNA transcription unit showed that Dongfang No. 2 is the real hybrid of L. japonica and L. longissima

Minimal information for studies of extracellular vesicles (MISEV2023): From basic to advanced approaches

© 2024 The Authors. Journal of Extracellular Vesicles, published by Wiley Periodicals, LLC on behalf of the International Society for Extracellular Vesicles. This is an open access article distributed under the terms of the Creative Commons Attribution License (CC BY), https://creativecommons.org/licenses/by/4.0/Extracellular vesicles (EVs), through their complex cargo, can reflect the state of their cell of origin and change the functions and phenotypes of other cells. These features indicate strong biomarker and therapeutic potential and have generated broad interest, as evidenced by the steady year-on-year increase in the numbers of scientific publications about EVs. Important advances have been made in EV metrology and in understanding and applying EV biology. However, hurdles remain to realising the potential of EVs in domains ranging from basic biology to clinical applications due to challenges in EV nomenclature, separation from non-vesicular extracellular particles, characterisation and functional studies. To address the challenges and opportunities in this rapidly evolving field, the International Society for Extracellular Vesicles (ISEV) updates its 'Minimal Information for Studies of Extracellular Vesicles', which was first published in 2014 and then in 2018 as MISEV2014 and MISEV2018, respectively. The goal of the current document, MISEV2023, is to provide researchers with an updated snapshot of available approaches and their advantages and limitations for production, separation and characterisation of EVs from multiple sources, including cell culture, body fluids and solid tissues. In addition to presenting the latest state of the art in basic principles of EV research, this document also covers advanced techniques and approaches that are currently expanding the boundaries of the field. MISEV2023 also includes new sections on EV release and uptake and a brief discussion of in vivo approaches to study EVs. Compiling feedback from ISEV expert task forces and more than 1000 researchers, this document conveys the current state of EV research to facilitate robust scientific discoveries and move the field forward even more rapidly.Peer reviewe

Minimal information for studies of extracellular vesicles (MISEV2023): From basic to advanced approaches

Extracellular vesicles (EVs), through their complex cargo, can reflect the state of their cell of origin and change the functions and phenotypes of other cells. These features indicate strong biomarker and therapeutic potential and have generated broad interest, as evidenced by the steady year-on-year increase in the numbers of scientific publications about EVs. Important advances have been made in EV metrology and in understanding and applying EV biology. However, hurdles remain to realising the potential of EVs in domains ranging from basic biology to clinical applications due to challenges in EV nomenclature, separation from non-vesicular extracellular particles, characterisation and functional studies. To address the challenges and opportunities in this rapidly evolving field, the International Society for Extracellular Vesicles (ISEV) updates its 'Minimal Information for Studies of Extracellular Vesicles', which was first published in 2014 and then in 2018 as MISEV2014 and MISEV2018, respectively. The goal of the current document, MISEV2023, is to provide researchers with an updated snapshot of available approaches and their advantages and limitations for production, separation and characterisation of EVs from multiple sources, including cell culture, body fluids and solid tissues. In addition to presenting the latest state of the art in basic principles of EV research, this document also covers advanced techniques and approaches that are currently expanding the boundaries of the field. MISEV2023 also includes new sections on EV release and uptake and a brief discussion of in vivo approaches to study EVs. Compiling feedback from ISEV expert task forces and more than 1000 researchers, this document conveys the current state of EV research to facilitate robust scientific discoveries and move the field forward even more rapidly