We study financial distributions within the framework of the continuous time random walk (CTRW). An earlier approach is modified to account for the possibility of obtaining the distribution of daily or longer-time prices, in addition to the existing model for intraday prices. We thus treat both...

We demonstrate that deterministic sea wave prediction (DSWP) combined with constrained optimal control can dramatically improve the efficiency of sea wave energy converters (WECs), while maintaining their safe operation. We focus on a point absorber WEC employing a hydraulic/electric power...

Vehicle thermal loads and air conditioning ancillary loads are strongly influenced by the absorption of solar energy. The adoption of solar reflective coatings for opaque surfaces of the vehicle shell can decrease the “soak” temperature of the air in the cabin of a vehicle parked in the sun,...

We study financial distributions within the framework of the continuous time random walk (CTRW). We review earlier approaches and present new results related to overnight effects as well as the generalization of the formalism which embodies a non-Markovian formulation of the CTRW aimed to...

We apply the formalism of the continuous time random walk to the study of financial data. The entire distribution of prices can be obtained once two auxiliary densities are known. These are the probability densities for the pausing time between successive jumps and the corresponding probability...

We study financial distributions within the framework of the continuous time random walk (CTRW). We review earlier approaches and present new results related to overnight effects as well as the generalization of the formalism which embodies a non-Markovian formulation of the CTRW aimed to...

The passage of ions through membrane channels plays an important role in many fields of biology. An earlier paper [M. Boguñá, A.M. Berezhkovskii, G.H. Weiss, Phys. Rev. E 62 (2000) 3250] developed a toy model for statistical properties of the occupancy of a single site by different numbers of...