Real Estate Research in Asia - Past, Present and the Future

teh The growth in real estate research in Asia has been very significant over the past decade. Figure 1 shows the trend of the research papers on Asian real estate markets published in 17 real estate academic journals. A list of the journals surveyed is shown in Table 1. This number represents only a fraction of all the studies on the Asian real estate markets since books, research monographs, research reports, conference papers, and journal papers published in languages other than English are not included. Figure 2 shows the breakdown by markets.Asia, Real Estate

One Dimensional nnary Density Classification Using Two Cellular Automaton Rules

Suppose each site on a one-dimensional chain with periodic boundary condition may take on any one of the states $0,1,..., n-1$, can you find out the most frequently occurring state using cellular automaton? Here, we prove that while the above density classification task cannot be resolved by a single cellular automaton, this task can be performed efficiently by applying two cellular automaton rules in succession.Comment: Revtex, 4 pages, uses amsfont

A fifth generation numerical modelling system in coastal zone

Author name used in this publication: K. W. Chau2001-2002 > Academic research: refereed > Publication in refereed journalAccepted ManuscriptPublishe

An example of expert system on numerical modelling system in coastal processes

Author name used in this publication: K. W. Chau2001-2002 > Academic research: refereed > Publication in refereed journalAccepted ManuscriptPublishe

Intelligent manipulation and calibration of parameters for hydrological models

Author name used in this publication: K. W. Chau2006-2007 > Academic research: refereed > Publication in refereed journalAccepted ManuscriptPublishe

Simulation of a linear permanent magnet vernier machine for direct-drive wave power generation

This paper proposes a linear permanent magnet (PM) vernier machine for direct-drive wave power generation. Firstly, the machine structure is proposed and its parameters are indentified by finite element analysis (FEA). Secondly, the mathematical modeling of wave power absorption system was established. The control strategy for maximizing absorbed wave power is discussed. Then, by using Matlab/Simulink, the wave power generator system is modeled and simulated. A vector control scheme is implemented which controls power flow between the generator and the load via a bi-directional AC/DC converter. The simulation results verify the feasibility of the proposed machine used for direct-drive wave power generation. © 2011 IEEE.published_or_final_versionThe 2011 International Conference on Electrical Machines and Systems (ICEMS 2011), Beijing, China, 20-23 August 2011. In Proceedings of ICEMS, 2011, p. 1-

Design and qnalysis of a novel linear transverse flux permanent magnet motor using HTS magnetic shielding

In this paper, a novel linear transverse flux permanent magnet (TFPM) motor is proposed, which can offer higher thrust force, lower cogging force and easier manufacturing than its counterpart. The key is to propose a new C-shaped TFPM motor topology with the use of HTS bulks. After deriving the expressions of cogging force and thrust force, the proposed motor can be designed with minimum cogging force and maximum thrust force. Then, by employing finite element analysis, the advantages and validity of the proposed motor are verified. © 2006 IEEE.published_or_final_versio

Over-Confidence and Cycles in Real Estate Markets: Cases in Hong Kong and Asia

Studies on the calibration of subjective probabilities find that people tend to over-estimate the precision of their knowledge. In this paper we develop a semi-rational model and apply it to the real estate markets in Hong Kong and other Asian countries. The key point is that a person is rational about her/his private information until her/his private information is confirmed by a clearly defined market signal. Using a pre-sale as a mechanism of updating a developer's beliefs, this paper analyzes the impact of over-confidence on overbuilding and cycles in real estate markets. Our finding indicates that a pre-sale activity will increase the magnitude of over-building and over-confidence will increase the volatility in real estate markets. Our model also has implications to the well-established literature dealing with the issue of over-capacity in many industrial sectors.