Advanced Control of Chemical Processes 1994 PDF Download

Author: D. Bonvin
Publisher: Elsevier
ISBN: 1483297594
Category : Technology & Engineering
Languages : en
Pages : 561

View

Book Description
This publication brings together the latest research findings in the key area of chemical process control; including dynamic modelling and simulation - modelling and model validation for application in linear and nonlinear model-based control: nonlinear model-based predictive control and optimization - to facilitate constrained real-time optimization of chemical processes; statistical control techniques - major developments in the statistical interpretation of measured data to guide future research; knowledge-based v model-based control - the integration of theoretical aspects of control and optimization theory with more recent developments in artificial intelligence and computer science.

Author: Ian T. Cameron
Publisher: Elsevier
ISBN: 0080514928
Category : Technology & Engineering
Languages : en
Pages : 561

View

Book Description
Process Modelling and Model Analysis describes the use of models in process engineering. Process engineering is all about manufacturing--of just about anything! To manage processing and manufacturing systematically, the engineer has to bring together many different techniques and analyses of the interaction between various aspects of the process. For example, process engineers would apply models to perform feasibility analyses of novel process designs, assess environmental impact, and detect potential hazards or accidents. To manage complex systems and enable process design, the behavior of systems is reduced to simple mathematical forms. This book provides a systematic approach to the mathematical development of process models and explains how to analyze those models. Additionally, there is a comprehensive bibliography for further reading, a question and answer section, and an accompanying Web site developed by the authors with additional data and exercises. - Introduces a structured modeling methodology emphasizing the importance of the modeling goal and including key steps such as model verification, calibration, and validation - Focuses on novel and advanced modeling techniques such as discrete, hybrid, hierarchical, and empirical modeling - Illustrates the notions, tools, and techniques of process modeling with examples and advances applications

Author:
Publisher:
ISBN:
Category : Aeronautics
Languages : en
Pages : 704

View

Book Description

Author: Radu Sebastian Tunaru
Publisher: World Scientific
ISBN: 9814663425
Category : Business & Economics
Languages : en
Pages : 382

View

Book Description
The financial systems in most developed countries today build up a large amount of model risk on a daily basis. However, this is not particularly visible as the financial risk management agenda is still dominated by the subprime-liquidity crisis, the sovereign crises, and other major political events. Losses caused by model risk are hard to identify and even when they are internally identified, as such, they are most likely to be classified as normal losses due to market evolution.Model Risk in Financial Markets: From Financial Engineering to Risk Management seeks to change the current perspective on model innovation, implementation and validation. This book presents a wide perspective on model risk related to financial markets, running the gamut from financial engineering to risk management, from financial mathematics to financial statistics. It combines theory and practice, both the classical and modern concepts being introduced for financial modelling. Quantitative finance is a relatively new area of research and much has been written on various directions of research and industry applications. In this book the reader gradually learns to develop a critical view on the fundamental theories and new models being proposed.

Author: Jay Lee
Publisher: CRC Press
ISBN: 1000844536
Category : Technology & Engineering
Languages : en
Pages : 267

View

Book Description
This book introduces readers to spatiotemporal analytics that are extended from spatial statistics. Spatiotemporal analytics help analysts to quantitatively recognize and evaluate the spatial patterns and their temporal trends of a set of geographic events or objects. Spatiotemporal analyses are very important in geography, environmental sciences, economy, and many other domains. Spatiotemporal Analytics explains in very simple terms the concepts of spatiotemporal data and statistics, theories, and methods used. Each chapter introduces a case study as an example application for an in-depth learning process. The software used and the codes provided enable readers not only to learn statistics but also to use them effectively in their projects. • Provides a comprehensive understanding of spatiotemporal analytics to readers with minimum knowledge in statistics. • Written in simple, understandable language with step-by-step instructions. • Includes numerous examples for all theories and methods explained in the book covering a wide range of applications from different disciplines. • Each application includes a software code needed to follow the instructions. • Each chapter also has a set of prepared PowerPoint slides to help spatiotemporal analytics instructors explain the content. Undergraduate and graduate students who use Geographic Information Systems or study Geographical Information Science will find this book useful. The subject matter is also pertinent to an array of disciplines such as agriculture, anthropology, archaeology, architecture, biology, business administration and management, civic engineering, criminal justice, epidemiology, geography, geology, marketing, political science, and public health.

Author: Yacine Ait-Sahalia
Publisher: Elsevier
ISBN: 0080929842
Category : Business & Economics
Languages : en
Pages : 809

View

Book Description
This collection of original articles—8 years in the making—shines a bright light on recent advances in financial econometrics. From a survey of mathematical and statistical tools for understanding nonlinear Markov processes to an exploration of the time-series evolution of the risk-return tradeoff for stock market investment, noted scholars Yacine Aït-Sahalia and Lars Peter Hansen benchmark the current state of knowledge while contributors build a framework for its growth. Whether in the presence of statistical uncertainty or the proven advantages and limitations of value at risk models, readers will discover that they can set few constraints on the value of this long-awaited volume. - Presents a broad survey of current research—from local characterizations of the Markov process dynamics to financial market trading activity - Contributors include Nobel Laureate Robert Engle and leading econometricians - Offers a clarity of method and explanation unavailable in other financial econometrics collections

Author: Erik Lindström
Publisher: CRC Press
ISBN: 1498785891
Category : Business & Economics
Languages : en
Pages : 303

View

Book Description
Statistics for Finance develops students’ professional skills in statistics with applications in finance. Developed from the authors’ courses at the Technical University of Denmark and Lund University, the text bridges the gap between classical, rigorous treatments of financial mathematics that rarely connect concepts to data and books on econometrics and time series analysis that do not cover specific problems related to option valuation. The book discusses applications of financial derivatives pertaining to risk assessment and elimination. The authors cover various statistical and mathematical techniques, including linear and nonlinear time series analysis, stochastic calculus models, stochastic differential equations, Itō’s formula, the Black–Scholes model, the generalized method-of-moments, and the Kalman filter. They explain how these tools are used to price financial derivatives, identify interest rate models, value bonds, estimate parameters, and much more. This textbook will help students understand and manage empirical research in financial engineering. It includes examples of how the statistical tools can be used to improve value-at-risk calculations and other issues. In addition, end-of-chapter exercises develop students’ financial reasoning skills.

Author: Odile Pons
Publisher: World Scientific
ISBN: 9811210705
Category : Mathematics
Languages : en
Pages : 304

View

Book Description
The approximation and the estimation of nonparametric functions by projections on an orthonormal basis of functions are useful in data analysis. This book presents series estimators defined by projections on bases of functions, they extend the estimators of densities to mixture models, deconvolution and inverse problems, to semi-parametric and nonparametric models for regressions, hazard functions and diffusions. They are estimated in the Hilbert spaces with respect to the distribution function of the regressors and their optimal rates of convergence are proved. Their mean square errors depend on the size of the basis which is consistently estimated by cross-validation. Wavelets estimators are defined and studied in the same models.The choice of the basis, with suitable parametrizations, and their estimation improve the existing methods and leads to applications to a wide class of models. The rates of convergence of the series estimators are the best among all nonparametric estimators with a great improvement in multidimensional models. Original methods are developed for the estimation in deconvolution and inverse problems. The asymptotic properties of test statistics based on the estimators are also established.

Author: G.G Roussas
Publisher: Springer Science & Business Media
ISBN: 9401132224
Category : Mathematics
Languages : en
Pages : 691

View

Book Description
About three years ago, an idea was discussed among some colleagues in the Division of Statistics at the University of California, Davis, as to the possibility of holding an international conference, focusing exclusively on nonparametric curve estimation. The fruition of this idea came about with the enthusiastic support of this project by Luc Devroye of McGill University, Canada, and Peter Robinson of the London School of Economics, UK. The response of colleagues, contacted to ascertain interest in participation in such a conference, was gratifying and made the effort involved worthwhile. Devroye and Robinson, together with this editor and George Metakides of the University of Patras, Greece and of the European Economic Communities, Brussels, formed the International Organizing Committee for a two week long Advanced Study Institute (ASI) sponsored by the Scientific Affairs Division of the North Atlantic Treaty Organization (NATO). The ASI was held on the Greek Island of Spetses between July 29 and August 10, 1990. Nonparametric functional estimation is a central topic in statistics, with applications in numerous substantive fields in mathematics, natural and social sciences, engineering and medicine. While there has been interest in nonparametric functional estimation for many years, this has grown of late, owing to increasing availability of large data sets and the ability to process them by means of improved computing facilities, along with the ability to display the results by means of sophisticated graphical procedures.

Author: Georgios M. Kontogeorgis
Publisher: Elsevier
ISBN: 0080472281
Category : Science
Languages : en
Pages : 437

View

Book Description
Properties of chemical compounds and their mixtures are needed in almost every aspect of process and product design. When the use of experimental data is not possible, one of the most widely used options in the use of property estimation models. Computer Aided Property Estimation for Process and Product Design provides a presentation of the most suitable property estimation models available today as well as guidelines on how to select an appropriate model. Problems that users are faced with, such as: which models to use and what their accuracy is, are addressed using a systematical approach to property estimation. The volume includes contributions from leading experts from academia and industry. A wide spectrum of properties and phase equilibria types is covered, making it indispensable for research, development and educational purposes.* This book presents the latest developments in computational modelling for thermodynamic property estimation.* It combines theory with practice and includes illustrative examples of software applications. * The questions users of property models are faced with are addressed comprehensively.