This book reports on the latest findings in the application of the wide area measurement systems (WAMS) in the analysis and control of power systems. The book collects new research ideas and achievements including a delay-dependent robust design method, a wide area robust coordination strategy, a hybrid assessment and choice method for wide area signals, a free-weighting matrices method and its application, as well as the online identification methods for low-frequency oscillations. The main original research results of this book are a comprehensive summary of the authors' latest six-year study. The book will be of interest to academic researchers, R&D engineers and graduate students in power systems who wish to learn the core principles, methods, algorithms, and applications of the WAMS.

Soils are composed of grains but they are generally treated as continua in the classical framework of geomechanics. Their macroscopic response under loading, such as their non-linearity, yielding and anisotropy, is controlled by their micro-structure, the characteristics of the grains and the disposition of contacts between them. There have been rapid advances in technology both to investigate the microscopic properties of soils, and to simulate their granular behaviour explicitly through Discrete Element Method (DEM). DEM was originally used to reproduce element tests, but it is now being advocated for boundary-value problems. Geomechanics and Geotechnics: From Micro to Macro includes 174 peer-reviewed papers presented at the International Symposium on Geomechanics and Geotechnics: From Micro to Macro (IS-Shanghai 2010, Shanghai, China, 10-12 October 2010). The symposium provided an opportunity for the exchange of ideas and information on experiments, numerical models and engineering applications related to the discrete nature of geomaterials. The main goal was to explore further advances in the use of micro-geomechanical approaches, and by doing so to improve the understanding of macro-geomechanical phenomena by offering experiments, constitutive relations, numerical analyses and engineering applications associated with the discrete nature of geomaterials. Geomechanics and Geotechnics: From Micro to Macro will be of interest to academics and engineers involved in Soil Mechanics, Geomechanics, Geotechnical Engineering, Geoengineering and Civil Engineering.

This book reports on the latest findings in the application of the wide area measurement systems (WAMS) in the analysis and control of power systems. The book collects new research ideas and achievements including a delay-dependent robust design method, a wide area robust coordination strategy, a hybrid assessment and choice method for wide area signals, a free-weighting matrices method and its application, as well as the online identification methods for low-frequency oscillations. The main original research results of this book are a comprehensive summary of the authors' latest six-year study. The book will be of interest to academic researchers, R&D engineers and graduate students in power systems who wish to learn the core principles, methods, algorithms, and applications of the WAMS.

A compelling profile of an emerging Chinese competitor Chinese firms are reinventing their business models, their corporate cultures, and themselves, becoming global competitors who increasingly offer knowledge rather than cheap labour in their quest to join the ranks of the "world's best" companies. This book offers a compelling profile of the most ambitious of these emerging Chinese competitors, the Haier Corporation (the world's largest manufacturer of home appliances), and shares insights on how one organization has repeatedly reinvented its business model and corporate culture in an effort to sustain its success. Reinventing Giants provides an exclusive look within the Haier Corporation and shows how managerial accountability and responsibility have been repositioned at every level of the organization, with the core value of market-centricity, while aligning strategy on each level of management. It includes actual work reports that show this process in detail from the ground up. The authors emphasize how a belief in the liberation of employee talent has consistently been the driving force underlying Haier's success. * Includes the remarkable story of Haier's turnaround and how these lessons can be applied to other organizations * Contains information for any company grappling with competition in the global marketplace * Shows how to liberate employees' talent to drive business success * Written by Bill Fischer, Professor of Innovation Management at IMD in Switzerland, Umberto Lago, Professor of Management at Bologna University, Italy, and Fang Liu, Research Associate of IMD Reinventing Giants helps global managers rethink their own business models and accompanying corporate cultures in order to be able to apply Haier's lessons directly to their own organizations.

Brain and Nature-Inspired Learning, Computation and Recognition presents a systematic analysis of neural networks, natural computing, machine learning and compression, algorithms and applications inspired by the brain and biological mechanisms found in nature. Sections cover new developments and main applications, algorithms and simulations. Developments in brain and nature-inspired learning have promoted interest in image processing, clustering problems, change detection, control theory and other disciplines. The book discusses the main problems and applications pertaining to bio-inspired computation and recognition, introducing algorithm implementation, model simulation, and practical application of parameter setting. Readers will find solutions to problems in computation and recognition, particularly neural networks, natural computing, machine learning and compressed sensing. This volume offers a comprehensive and well-structured introduction to brain and nature-inspired learning, computation, and recognition.

This book spans several disciplines, bringing together elements of mathematics, computing, psychology, finance, and artificial intelligence. Using an agent-based approach, I have developed a comprehensive model which is used to model and predict financial contagion. The innovative feature of my approach may be the application of Sigmund Freud's structural model of the psyche. By investigating the neurosis mechanism as it applies to participants in financial markets, I analyze, in detail, the destructive impact of the herding effect.

Portfolio selection is an important research topic in the field of finance, but typically, existing portfolio models cover a single investment period and are static, while real-world investors operate dynamically over multiple periods. So multi-period portfolio selection models have been studied widely in recent years. This book mainly discusses the efficient frontier of the mean-VaR model for multi-period portfolio selection, and the algorithm and model for multi-period portfolio selection including uncertainty. Its main contents are as follows: firstly, effective solutions are given for the mean-VaR model for multi-period portfolio selection, and the efficient frontier problem is discussed. We then introduce credibility safety standards-based multi-period portfolio selection and fuzzy entropy-based multi-period portfolio selection models. We also present an empirical study for the two types of model.

On November 12th, 2001, China entered into the WTO in the capacity of a developing country. This was an important step in implementing China's fundamental policy of opening itself to the outside world, and has created excellent conditions for its further participation in international trade and economic globalization. But in recent years, a new trend has appeared in world trade: some developed countries have created a barrier to others entering their home markets for new trade by imposing a higher environmental quality standard than that of developing countries. They utilize a high environmental standard as an entry condition, in order to restrict imports, with the result that the traditional trade barrier has now been supplemented by a new environmental barrier - a "green trade barrier." Concerning the above issues, firstly, this book presents the background in which green trade barriers appeared in international trade, and then we analyze their basic characteristics and multi-faceted influences on China's export trade. After all the analysis, we suggest some potential countermeasures on both the micro and the macro levels to overcome green trade barrier

Due to the use of advanced technology the new media applications are widely adopted all over the whole society, which has accelerated the development of advertising with the more efficient channels provided by the new media. Public advertising which is the essential tool to arouse the common will or awareness should be explored under the environment of new media applications. This book illustrates the definition of public advertising as well as an initial development process. After an overview of the development and existing problems in China's public service ads, a case study was conducted which provides insight into the current situation of China's public service ads and suggestions were then given.

Ever since it was founded, China's stock market has experienced a cycle of boom and bust. Some investors earn money from it, while many others suffer enormous losses. In recent years, the overall performance of China's stock market has been like a roller coaster. The entire stock market is full of speculation. Among all the factors related to this book, we decided to pay special attention to the impact of QFII (Qualified Foreign Institution Investor) trading in the market, because a large number of foreign investments can accelerate the development of the capital market. However, the impact of the QFII system on the host country is still a topic of debate among scholars. As a result, we focus on quantitative methods to analyze its impact. Methods for estimating the log- likelihood function and the filtered values of the time-varying volatilities and correlations are also provided. The key part of this book is focused on the most commonly used GARCH(1,1) model in terms of its goodness-of-fit and forecasting accuracy. we chose the Chinese market as the object of this study, in view of its special status of the Chinese market within the world economy.

In this book, three variances, historical variances of financial series are compared. The variances are: implied variance and the one generated from the GARCH model for Black-Scholes to find out which one is the most suitable method to predict from. The conclusion from this is that the implied standard deviation (ISD) performed best, followed by the GARCH, and the least is the historical volatility. However, the difference between historical volatility and GARCH was not significant. As an alternative, Monte-Carlo simulation was used to calculate European call price for the three companies and find that as the time to step increase, the results converge to the Black-Scholes model.

This book spans several disciplines, bringing together elements of mathematics, biology, computing, psychology, finance, and artificial intelligence. Using an agent-based approach, I have developed a comprehensive model which is used to model and predict financial contagion. The innovative feature of my approach may be the application of Sigmund Freud's structural model of the psyche. By investigating the neurosis mechanism as it applies to participants in financial markets, I analyzes, in detail, the destructive impact of the herding effect.

This book discusses several popular crisis origin theories, such as the failure of monetary policy, abuse of financial derivatives, failure of supervision, the global economy imbalance, the imbalance of the American economic structure, and so-called "excessive" saving in emerging economies. We find that the recent financial crisis is closely linked to the operation of the dollar standard, and we also study its inherent vulnerability, and that of the US monetary policy. Finally, we conclude that the operation of the dollar standard was a primary cause of the financial crisis.

This book aims for beginners who want to learn Artificial Intelligent Optimization Techniques and their implementation with MATLAB. If you follow the book chapter by chapter, you can manage those techniques and even develop your own techniques in a less than one year. Despite our focusing on beginners, advanced user can also benefit from the comprehensive models from part two of this book.