abstract: in the paper of black and scholes (1973) a closed form solution for the price of a european option is derived . as extension to the black and scholes model with constant volatility, option pricing model with time varying volatility have been suggested within the frame work of generalized autoregressive conditional heteroskedasticity (garch) . these processes can explain a number of em...

In this investigation, the effect of heat input of SMAW process on the microstructure and mechanical properties of Hadfield steel weld joints was investigated. For this purpose, 4 annealed sheets with thickness 2 mm prepared from Hadfield steel and then welding applied by SMAW process with 6.75 and 11.25 kJ/mm heat input values. The evaluation of the microstructures of welding joints was condu...

In this investigation, the effect of heat input of SMAW process on the microstructure and mechanical properties of Hadfield steel weld joints was investigated. For this purpose, 4 annealed sheets with thickness 2 mm prepared from Hadfield steel and then welding applied by SMAW process with 6.75 and 11.25 kJ/mm heat input values. The evaluation of the microstructures of welding joints was condu...

1. to determine whether difference in birth body mass influenced growth performance in pipistrellus kuhlii we studied a total of 12 captive-born neonates. bats were assigned to two body mass groups: light birth body mass (lbw: 0.89 ± 0.05, n=8) and heavy birth body mass (hbw: 1.35 ± 0.08, n=4). heavier body mass at birth was associated with rapid postnatal growth (body mass and forearm length) ...

Natural gas plays a key role in Iran’s economy and using its shadow price in allocating it to different sectors can lead to optimal use of this resource. This study uses a non-linear input-output model to estimate the shadow price of natural gas in different economic sectors in Iran. The study uses values of the input-output table constructed by the Statistics Center of Iran for the year 2011. ...

Nowadays, greater recognition of drought and introducing its monitoring systems, particularly for the short-term periods, and adding predictability to these systems, could lead to presentation of more effective strategies for the management of water resources allocation. In this research, it is tried to present appropriate models to predict drought in city of Semnan, Iran, using time series, ad...