Default probability is a fundamental variable determining the credit worthiness of a firm and equity volatility estimation plays a key role in its evaluation. Assuming a structural credit risk modeling approach, we study the impact of choosing different non parametric equity volatility estimators on default probability evaluation, when market microstructure noise is considered. A general stocha...

the micro-segregation in binary al-cu alloys containing 2.2, 3.7, and 4.8 wt.% copper was investigated by differential thermal analysis (dta) and numerical modeling. for this purpose, the alloys were melted using a dta furnace with the capability of quenching samples during solidification. the melted samples were cooled at 0.008 and 0.083 k/s and subsequently quenched from predetermined tempera...

A two-scale model based on a database approach is presented to investigate alloy solidification. Appropriate assumptions are introduced to describe the behavior of macroscopic temperature, macroscopic concentration, liquid volume fraction and microstructure features. These assumptions lead to a macroscale model with two unknown functions: liquid volume fraction and microstructure features. Thes...

Results of research on application of modern numerical approaches for analysis of influence of microstructure heterogeneities on strain distribution during material processing are presented in this work. This work is part of the research towards development of the tool for detailed microstructure modeling. The main focus here is put on the micro scale behavior, where advantages of digital mater...

stress relieving is a common practice among manufacturing codes for reducing the magnitude ofresidual stresses in welded, quenched, and tempered steel structures and pressure vessels. the presentwork investigates the effect of stress relieving at 480, 560, 620, and 680°c on the microstructure andmechanical properties of 20 mm astm a517 gr. b steel plate weldments produced by shielded metal arcw...

It is well known that material chemistry and processing dictate material microstructure and microstructure influences properties and performance of materials. Consequently, quantitative characterization and statistical representation of microstructure are of considerable importance in materials science. Microstructure is essentially a collection of three-dimensional volumes (for example, grains...

A three dimensional (3D) fully coupled thermal-mechanical analysis is presented in order to evaluate the influence of certain cutting parameters as well as dual phase microstructure on the orthogonal micro cutting process of steels (in particular, AISI 1045 steel), for which the size of heterogeneities is of the order of magnitude of the uncut chip thickness and tool edge radius. The simulated ...

Both sleep disturbances and decline in white matter microstructure are commonly observed in ageing populations, as well as in age-related psychiatric and neurological illnesses. A relationship between sleep and white matter microstructure may underlie such relationships, but few imaging studies have directly examined this hypothesis. In a study of 448 community-dwelling members of the Whitehall...

BACKGROUND AND OBJECTIVE Children with attention-deficit hyperactivity disorder (ADHD) experience difficulty with expressive language, including form (e.g. grammatical construction) and content (e.g. coherence). The current study aimed to investigate the effect of methylphenidate-Osmotic Release Oral System® (MPH-OROS®) on the narrative ability of children with ADHD and language impairment, thr...

The basic objective of this work is the knowledge representation of the content of Computer Science texts on the basis of a text comprehension model, by using concept maps. According to this model, a reader of a text constructs microstructure and macrostructure of its knowledge content. Microstructure is considered as the relational structure, which describes the static relations among the enti...