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Mathematical finance plays a vital role in many fields within finance and provides the theories and tools that have been widely used in all areas of finance. Knowledge of mathematics, probability, and statistics is essential to develop finance theories and test their validity through the analysis of empirical, real-world data. For example, mathematics, probability, and statistics could help to develop pricing models for financial assets such as equities, bonds, currencies, and derivative securities.
This book provides a review of worldwide developments in ammonia synthesis catalysts over the last 30 years. It focuses on the new generation of Fe1-xO based catalysts and ruthenium catalysts — both are major breakthroughs for fused iron catalysts. The basic theory for ammonia synthesis is systematically explained, covering topics such as the chemical components, crystal structure, preparation, reduction, performance evaluation, characterization of the catalysts, the mechanism and kinetics of ammonia synthesis reaction. Both theory and practice are combined in this presentation, with emphasis on the research methods, application and exploitation of catalysts.The comprehensive volume includ...
This book develops the mathematical foundation of modern image processing and low-level computer vision, bridging contemporary mathematics with state-of-the-art methodologies in modern image processing, whilst organizing contemporary literature into a coherent and logical structure. The authors have integrated the diversity of modern image processing approaches by revealing the few common threads that connect them to Fourier and spectral analysis, the machinery that image processing has been traditionally built on. The text is systematic and well organized: the geometric, functional, and atomic structures of images are investigated, before moving to a rigorous development and analysis of several image processors. The book is comprehensive and integrative, covering the four most powerful classes of mathematical tools in contemporary image analysis and processing while exploring their intrinsic connections and integration. The material is balanced in theory and computation, following a solid theoretical analysis of model building and performance with computational implementation and numerical examples.
This book offers an in-depth analysis of China’s contemporary securities markets regulatory system, with a focus on regulation in practice. Examining the roles of both the China Securities Regulatory Commission and local governments, He argues that the government has built and developed markets from scratch to address the needs of the state and the economy at large. This book describes the workings of national and sub-national securities markets, and such a comprehensive approach gives insight into the ability of state regulation to guide a financial system. This book also provides a unique practical perspective, explaining of the dynamics of regulation in relation to the operation of the Chinese political system. Finally, it incorporates original empirical studies, including semi-structured interviews of professionals and a survey of retail investors. This book is an unparalleled resource for anyone interested in the regulation of securities markets, as well as finance in China in general.
The Tale of Tea is the saga of globalisation. Tea gave birth to paper money, the Opium Wars and Hong Kong, triggered the Anglo-Dutch wars and the American war of independence, shaped the economies and military history of Táng and Sòng China and moulded Chinese art and culture. Whilst black tea dominates the global market today, such tea is a recent invention. No tea plantations existed in the world’s largest black tea producing countries, India, Kenya and Sri Lanka, when the Dutch and the English went to war about tea in the 17th century. This book replaces popular myths about tea with recondite knowledge on the hidden origins and detailed history of today’s globalised beverage in its many modern guises.
This book systematically investigates the nitrogen removal characteristics of two screened aerobic denitrifying bacteria and their applications in nitrogen oxides emissions reduction. It reveals that Pseudomonas stutzeri PCN-1 possesses excellent capacity for aerobic nitrogen removal, regardless of whether nitrate, nitrite or N2O were taken as denitrification substrates. It also demonstrates that the rapid N2O reduction is due to the coordinate expression of denitrification genes. Further, the book discusses the bioaugmentation experiments conducted in denitrifying SBR and a pilot-scale Carrousel oxidation ditch, which confirmed that the strain could significantly enhance denitrification performance, reduce N2O emission and improve system stability. The second strain, P.aeruginosa PCN-2 accumulated negligible NO during aerobic nitrate and nitrite removal and efficiently removed NO from flue gas. This study is of great significance for potential applications of aerobic denitrification in mitigating nitrogen oxides emissions from biological nitrogen removal systems.
Written in clear, concise language and designed for an introductory applied energy course, Applied Energy: An Introduction discusses energy applications in small-medium enterprises, solar energy, hydro and wind energy, nuclear energy, hybrid energy, and energy sustainability issues. Focusing on renewable energy technologies, energy conversion, and conservation and the energy industry, the author lists the key aspects of applied energy and related studies, taking a question-based approach to the material that is useful for both undergraduate students and postgraduates who want a broad overview of energy conversion. The author carefully designed the text to motivate students and give them the ...
Selected, peer reviewed papers from the 2011 SSITE International Conference on Future Material Research and Industry Application (FMRIA 2011), December 1-2, 2011, Macau, China
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