The empirical joint distribution of return-pairs on stock indices displays high tail-dependence in the lower tail and low tail-dependence in the upper tail. The presence of tail-dependence is not compatible with the assumption of (conditional) joint normality. The presence of asymmetric-tail dependence is not compatible with the assumption of a joint student -t distribution. A general test for ...

We have developed a 7-core-fiber connector. To maintain both the ferrule floating mechanism and precise alignment around the ferrule axis, we employed Oldham's coupling mechanism inside the MUtype connector plug housing and realized an average attenuation of 0.13 dB and an average return loss of 46.8 dB.

We present a novel technique for efficient coding of texture to be mapped on 3D landscapes. The technique enables to stream the data across the network using a back-channel. The use of Wavelet and Discrete Cosine Transforms is investigated and compared. This technology has been proposed has a tool for the emerging MPEG-4 standard.

Stock trend forecasting is a one of the main factors in choosing the best investment, hence prediction and comparison of different firms’ stock trend is one method for improving investment process. Stockholders need information for forecasting firm’s stock trend in order to make decision about firms’ stock trading. In this study stock trend, forecasting performs by data mining algorithm. It sho...

A novel ultra-broadband printed monopole antenna with 10 dB return loss bandwidth from 2.1-21.5GHz is proposed. This printed monopole antenna is constructed using cross-slotted modified circular patch with etched ground plane. This UWB printed monopole antenna is microstrip-fed with a triangular tapered input line for broadband matching.

Interactive Digital Television is mostly a matter of entertainment for developed countries, but bears great potential to narrow the digital divide in developing countries. The television’s return channel might become the family’s gate to the Information Society. For this to come true, however, digital receivers and return channel technologies must reach cost levels that enable mass penetration....

We examine the effectiveness of the individual-punishment mechanism in larger groups, comparing groups of four to groups of 40 participants. We find that the individual punishment mechanism is remarkably robust when the marginal per capita return (MPCR), i.e. the return to each participant from each dollar that is contributed, is held constant. Moreover, the efficiency gains from the punishment...

This note discusses the impact of collection cost structure on the optimal reverse channel choice of manufacturers who remanufacture their own products. Using collection cost functions that capture collection rate and collection volume dependency, we show that the optimal reverse channel choice (retailerversus manufacturer-managed collection) is driven by how the cost structure moderates the ma...

In this paper, we propose a novel classification method, called the nearest feature line (NFL), for face recognition. Any two feature points of the same class (person) are generalized by the feature line (FL) passing through the two points. The derived FL can capture more variations of face images than the original points and thus expands the capacity of the available database. The classificati...

In this paper, a novel classifier based on nearest feature line is proposed, which is called as restricted nearest feature line with ellipse (RNFLE). NFL successfully improves the classification ability. However there are still some drawbacks in NFL that limit their further application in practice. To improve the miss-classification of nearest feature line when the prototypes in NFL are far awa...