In the traditional portfolio theory, we select optimum portfolios by using the first two moments of return distributions, i.e., mean and variance. Traditional portfolio theory assumes that the investors try to maximize the expected return and minimize the variance in portfolio returns. When the...

To evaluate the economic importance of distribution uncertainty in a manufacturing company, the extent of changes in ex-ante optimal asset allocations of investors, who factor in distribution uncertainty into their portfolio model, is examined. The theory of uncertainty is a sub-division of...

The Indus flood in 2010 was one of the greatest river disasters in recent history, which affected more than 14 million people in Pakistan. Although excessive rainfall between July and September 2010 has been cited as the major causative factor for this disaster, the human interventions in the...

In this paper, we present a novel maximum power point tracking method for a photovoltaic system consisting of a photovoltaic panel with a power electronic converter; the whole is feeding a battery. This maximum powerpoint depends on the temperature and irradiation conditions. A robust control...

Image forgery detection is an approach for detection and localization of forged component from a manipulated image. To find manipulation or tampering in the original image, an adequate number of features are required to classify the given image is either a forged or non-forged. To achieve this...

To find out whether our government is spending an astronomical amount of taxpayer’s money publicising itself rather than disseminating information, facts and figures were assimilated. By tracking five leading national dailies for government advertisements, over the month of June 2003.,...