Working with the XQC

An enormous number of statistical methods have been developed in quantitive finance during the last decades. Nonparametric methods, bootstrapping time series, wavelets, estimation of diffusion coefficients are now almost standard in statistical applications. To implement these new methods the method developer usually uses a programming environment he is familiar with. Thus, such methods are only available for preselected software packages, but not for widely used standard software packages like MS Excel. To apply these new methods to empirical data a potential user faces a number of problems or it may even be impossible for him to use the methods without rewriting them in a different programming language. Even if one wants to apply a newly developed method to simulated data in order to understand the methodology one is confronted with the drawbacks described above. A very similar problem occurs in teaching statistics at undergraduate level. Since students usually have their preferred software and often do not have access to the same statistical software packages as their teacher, illustrating examples have to be executable with standard tools. In general, two statisticians are on either side of the distribution process of newly implemented methods, the provider (inventor) of a new technique (algorithm) and the user who wants to apply (understand) the new technique. The aim of the XploRe Quantlet client/server architecture is to bring these statisticians closer to each other. The XploRe Quantlet Client (XQC) represents the front end - the user interface (UI) of this architecture allowing to access the XploRe server and its methods and data. The XQC is fully programmed in Java not depending on a specific computer platform. It runs on Windows and Mac platforms as well as on Unix and Linux machines.XploRe Quantlet Client, quantitive finance, application, applet

Smart Grid: The Central Nervous System for Power Supply : New Paradigms, New Challenges, New Services

Im Energiesystem der Zukunft wird ein intelligentes Netz (Smart Grid) Angebot und Nachfrage effizient steuern. Dieser Artikel beschreibt (1) die Trends und Herausforderungen heutiger Ener-giesysteme, die die Entwicklung eines Smart Grid auslösen, identifiziert (2) Elemente eines Smart Grid und stellt (3) die mögliche Rolle eines Telekommunkationsunternehmes im entste-henden Smart Grid Markt dar. Der Trend zu einem steigenden Anteil erneuerbarer und dezentraler Energieerzeugungsanlagen bringt zwei große Herausforderungen mit sich: Eine mangelnde Vorhersagbarkeit und eine man-gelnde Regelbarkeit der Erzeugungsleistung. In diesem Artikel werden vier Elemente eines Smart Grid vorgestellt, die diese Herausforderungen adressieren: Virtuelle Kraftwerke, Demand Side Management, Lastflussregelung und Energiespeicherung. Abschließend wird herausgestellt, dass die Elemente systemisch integiert werden müssen um den eigentlichen Wert des Smart Grid zu heben. Es wird erörtert, dass sich Telekommunkiationsan-bieter in einer guten Ausgangsposition befinden um die Herausforderungen dieser Integration zu adressieren, da sie über wesentliche Erfahrungen und Fähigkeiten verfügen: Umfassendes Ver-ständnis großer IP-Netzwerke, Erfahrungen mit Cloud Computing, umfangreiches Wissen zu Service-Plattformen und Kooperationserfahrung. Online-Version im Universitätsverlag der TU Berlin (www.univerlag.tu-berlin.de) erschienen.In future power systems, a smart grid is expected to manage supply and demand of electricity efficiently. This article explores (1) the trends and challenges of today’s power system that trig-ger the development of smart grids, (2) the elements that may eventually constitute the smart grid and (3) the role a telcommunication provider may adopt in the emerging smart grid market. The trend towards an increasing share of renewable and distributed energy sources bears two major challenges: A lack of predictability and a lack of controllability of power generation. This article introduces four elements of a smart grid which address these challenges: virtual power plants, demand side management, control of power flow and storage and buffering. Finally, it is pointed out that in order to enhance the smart grid’s actual value, the elements have to be systemically integrated. It is argued that telecommunication providers are well positioned to adress the integration challenges as they have crucial experiences and capabilities: profound understanding of large IP networks, experiences in cloud computing, extensive service platform know-how and cooperation experience. Online-Version published by Universitätsverlag der TU Berlin (www.univerlag.tu-berlin.de

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific

Unity and diversity in grammaticalization scenarios

The volume contains a selection of papers originally presented at the symposium on “Areal patterns of grammaticalization and cross-linguistic variation in grammaticalization scenarios” held on 12-14 March 2015 at Johannes Gutenberg University of Mainz. The papers, written by leading scholars combining expertise in historical linguistics and grammaticalization research, study variation in grammaticalization scenarios in a variety of language families (Slavic, Indo-Aryan, Tibeto-Burman, Bantu, Mande, "Khoisan", Siouan, and Mayan). The volume stands out in the vast literature on grammaticalization by focusing on variation in grammaticalization scenarios and areal patterns in grammaticalization. Apart from documenting new grammaticalization paths, the volume makes a methodological contribution as it addresses an important question of how to reconcile universal outcomes of grammaticalization processes with the fact that the input to these processes is language-specific and construction-specific