We study a business cycle model in which a benevolent fiscal authority must determine the optimal provision of government services, while lacking credibility, lump-sum taxes, and the ability to bond finance deficits. Households and the fiscal authority have risk sensitive preferences. We find that outcomes are affected importantly by the household’s risk sensitivity, but not by the fiscal autho...

Over the past decade or so, many private and publicly held companies have moved away from providing employees with company-funded pensions upon retirement to a retirement system that requires both employee and company contributions to fund an individual’s retirement. These so-called 401(k) retirement plans usually require the employee to choose among different investment vehicles, including mut...

Co-location is compatible with the doctrine of microphysical supervenience. Microphysical supervenience involves intrinsic qualitative properties that supervene on microphysical structures. Two different objects, such as Socrates and the lump of tissue of which he is constituted, can be co-located objects that supervene on different sets of properties. Some of the properties are shared, but oth...

Fluidized bed techniques are employed in coal combustion power plants, because they allow for the use of low-quality fuel and result in low pollutant emissions. The most important dynamical difference between fluidized beds and normal combustion chambers, is that the former are characterized by a significant loading of carbon, usually absent in conventional plants. Fluidized beds are remarkably...

Lappeenranta University of Technology Faculty of Technology Master’s Degree Programme in Technomathematics and Technical Physics Tatiana Pavlenko Tunable lumped-element bandpass filters for Cognitive Radio application Master’s thesis 2013 56 pages, 48 figures, 2 tables Examiners: Professor Erkki Lähderanta D. Sc. (Tech.) Tauno Vähä-Heikkilä

Lumped Parameter Model is well known in solving high frequency signal propagation in high voltage transformer windings. At Southampton University, the modelling technique has been improvised and employed to solve partial discharge (PD) problem occurred within deep inside transformer windings. Firstly, a lumped capacitive parameter model was considered and secondly a transmission line lumped par...

industrial wastewater included the dyes one of the important sources of environmental pollution that founded in loom wastewater which are harmful for human health and environment. therefore, the purpose of this research was investigated removal of rb5 dye from aqueous solution by using of adsorption onto activated red mud as an cheap adsorbent. this research was experimental- laboratorial study...

A dynamic tire friction model based on the LuGre friction model has been developed recently. The model includes the longitudinal and lateral forces, as well as the self aligning torque. It has originally been derived in distibuted form, and then transformed to simpler lumped form with only three internal states. The lumped model has been based on uniform normal pressure distribution. It is exte...

nonlinear lumped-parameter model of a piezoelectric stack A, ctuator has been developed to describe actuator behavior for purposes of control system analysis and design, and, in particular, for microrobotic applications requiring accurate position andor force control. In formulating this model, the authors propose a generalized Maxwell resistive capacitor as a lumped-parameter causal representa...

Abstract A compartmental one‐dimensional model of a fluidized bed pyrolytic converter biomass is presented. Reference conditions are those non‐catalytic fast pyrolysis in shallow with external regeneration the material. The fate and resulting char has been modelled by considering elutriation particles, attrition as well drain/regeneration. course primary secondary pyrolitic reactions according ...