2,231 research outputs found

    Vertically integrated holdings in the system of developing the national complex of iron and steel industry of Russia

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    This article shows brief results of analyzing the competitiveness of Russian vertically integrated holdings and independent enterprises of the iron and steel industry. Besides, it indicates key areas of this industry development in the external and internal market aspect. The promotion of Russian iron and steel products on the external market can be successful only if the production of enterprises is refocused from creating products of low technological conversions to creating products of high technological conversions

    A Toy Model for Testing Finite Element Methods to Simulate Extreme-Mass-Ratio Binary Systems

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    Extreme mass ratio binary systems, binaries involving stellar mass objects orbiting massive black holes, are considered to be a primary source of gravitational radiation to be detected by the space-based interferometer LISA. The numerical modelling of these binary systems is extremely challenging because the scales involved expand over several orders of magnitude. One needs to handle large wavelength scales comparable to the size of the massive black hole and, at the same time, to resolve the scales in the vicinity of the small companion where radiation reaction effects play a crucial role. Adaptive finite element methods, in which quantitative control of errors is achieved automatically by finite element mesh adaptivity based on posteriori error estimation, are a natural choice that has great potential for achieving the high level of adaptivity required in these simulations. To demonstrate this, we present the results of simulations of a toy model, consisting of a point-like source orbiting a black hole under the action of a scalar gravitational field.Comment: 29 pages, 37 figures. RevTeX 4.0. Minor changes to match the published versio

    Nonlinear Parabolic Equations arising in Mathematical Finance

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    This survey paper is focused on qualitative and numerical analyses of fully nonlinear partial differential equations of parabolic type arising in financial mathematics. The main purpose is to review various non-linear extensions of the classical Black-Scholes theory for pricing financial instruments, as well as models of stochastic dynamic portfolio optimization leading to the Hamilton-Jacobi-Bellman (HJB) equation. After suitable transformations, both problems can be represented by solutions to nonlinear parabolic equations. Qualitative analysis will be focused on issues concerning the existence and uniqueness of solutions. In the numerical part we discuss a stable finite-volume and finite difference schemes for solving fully nonlinear parabolic equations.Comment: arXiv admin note: substantial text overlap with arXiv:1603.0387

    Promoting Human Capital Development: A Typology of International Scholarship Programs in Higher Education

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    This article sheds light on the availability and characteristics of international scholarship programs that are sponsored by national and federal governments worldwide and that are intended to promote student mobility. Utilizing descriptive and cluster analyses, the article produces a framework for organizing the population of these programs. The analyses take into account both the central characteristics of programs and economic and political characteristics of the nations sponsoring the program. The typology produced in this analysis may be used by policy makers and researchers to facilitate cross-national comparisons of program design, implementation, and outcomes. © 2014 AERA
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