A fractional normal inverse Gaussian (FNIG) process is a fractional Brownian motion subordinated to an inverse Gaussian process. This paper shows how the FNIG process emerges naturally as the limit of a random walk with correlated jumps separated by i.i.d. waiting times. Similarly, we show that...

Laguna Lake is the largest inland water resource in the Philippines and an important source of fisheries in the area. The Pagsanjan-Lumban catchment is the main freshwater input of the lake but contaminants resulting from agricultural activities within the catchment may impact fisheries....

We consider time-changed Poisson processes, and derive the governing difference–differential equations (DDEs) for these processes. In particular, we consider the time-changed Poisson processes where the time-change is inverse Gaussian, or its hitting time process, and discuss the governing...

The light scattering measurements that yield the osmotic susceptibility (χT) in a ternary liquid mixture of 3-methylpyridine+water+sodiumbromide are presented. The measurements have been performed in the one-phase region near the lower consolute points TL's of samples with different...

Measurements are reported of the intensity and the angular dissymmetry of light scattered from ‘quasi-binary’ and binary mixtures of ethane and heavier hydrocarbons, that have varying widths of the three-phase region (ΔT). The critical exponents γ and v are estimated by approaching the...

A 2-year spatio-temporal survey of intertidal brachyuran crabs involving five sites was conducted in the Maavah reef system, Laamu Atoll, Maldives, from April 2001 to March 2003. In December 2004, the sites were hit by the catastrophic Sumatran tsunami. An 8-month-long study was carried in the...

Diversification of the financial sector has been one of the central features of China's recent and rapid economic growth. This book traces the development of China's Trust and Investment Companies (TICs), the most numerous non-bank financial institutions to emerge in China, and their link to the...

The present report draws on experience from industrialized and developing countries in terms of capital market financing of domestic infrastructure projects, and discusses the applicaiblity of these lessons in the Chinese context. It also describes the strategies these economies have adopted to...