Stochastic di®erential equations (SDEs) are　central to much of modern finance theory and have been widely used to model the behaviour of key variables such as the　instantaneous short-term interest rate, asset prices, asset returns and their volatility.　The explanatory and/or predictive...

The effect of natural frequency in dynamic load is an important factor because when the natural frequency is small or closed to zero the beam goes to failure. In this paper the theoretical, finite element and experimental models are presented to explain the effect of dimension and supported end...

We develop a method for estimating the functional surface of a regression coefficient that varies over a complex spatial domain with irregular boundaries, peninsulas and interior holes. The method is motivated by, and applied to, data on housing markets, where the central object of inference is...

This paper reviews the evidence on the effects of recessions on potential output. In contrast to the assumption in mainstream macroeconomic models that economic fluctuations do not change potential output paths, the evidence is that they do in the case of recessions. A model is proposed to...

The formation of methane hydrate in two significantly different media was investigated, using silica gel as an artificial medium and loess as a natural medium. The methane hydrate formation was observed through the depletion of water in the matrix, measured via the matrix potential and the...

Background: Software development has been in existence since the last three decades, when the computer age started, as the software developments became more complex, so does the task of understanding them. Even some time, it is very difficult for the developers to interpret the source and object...

Permeability is one of the key factors that determine the fluids flow capacity and production potential of hydrate deposits. In this study, an experimental setup is developed to investigate the flow properties of the porous media, and the permeabilities to water are measured in the...

The combustion characteristics of both pure propane hydrates and the mixtures of hydrates and quartz sands were investigated by combustion experiments. The flame propagation, flame appearance, burning time and temperature in different hydrate layers were studied. For pure propane hydrate...