Pulse vs. Optimal Stationary Fishing: The Northern Stock of Hake

Pulse fishing may be a global optimal strategy in multicohort fisheries. In this article we compare the pulse fishing solutions obtained by using global numerical methods with the analytical stationary optimal solution. This allows us to quantify the potential benefits associated with the use of periodic fishing in the Northern Stock of hake. Results show that: first, management plans based exclusively on traditional reference targets as Fmsy may drive fishery economic results far from the optimal; second, global optimal solutions would imply, in a cyclical manner, the closure of the fishery for some periods and third, second best stationary policies with stable employment only reduce optimal present value of discounted profit in a 2%.

Non-Stationary Demand in a Durable Goods Monopoly

In a context where demand for the services of a durable good changes over time, and this change may be uncertain, the paper shows that social welfare may be higher when the monopolist seller can commit to any future price level she wishes than when she cannot. Moreover, the equilibrium under a monopolist with commitment power may Pareto-dominate the equilibrium under a monopolist without commitment ability. These results affect the desired regulation of a durable goods monopolist in this context.

Solutions for New Terrestrial Broadcasting Systems Offering Simultaneously Stationary and Mobile Services

221 p.

Why Economists Reject Long-Term Fisheries Management Plans?

Most fisheries agencies conduct biological and economic assessments independently. This independent conduct may lead to situations in which economists reject management plans proposed by biologists. The objective of this study is to show how to find optimal strategies that may satisfy biologists and economists' conditions. In particular we characterize optimal fishing trajectories that maximize the present value of a discounted economic indicator taking into account the age-structure of the population as in stock assessment methodologies. This approach is applied to the Northern Stock of Hake. Our main empirical findings are: i) Optimal policy may be far away from any of the classical scenarios proposed by biologists, ii) The more the future is discounted, the higher the likelihood of finding contradictions among scenarios proposed by biologists and conclusions from economic analysis, iii) Optimal management reduces the risk of the stock falling under precautionary levels, especially if the future is not discounted to much, and iv) Optimal stationary fishing rate may be very different depending on the economic indicator used as reference.

Parámetros de contaminación y normativa en colectores urbanos

[ES] La contaminación por aguas residuales urbanas es uno de los problemas de mayor importancia para mantener un nivel de calidad aceptable del agua, debido al número elevado de fuentes, a la participación de la contaminación difusa y a la elevada concentración de materia orgánica. La normativa legal plantea unos límites eflDidos, pero no se han realizado campañas de seguimiento de forma suficiente para su comprobación, particularmente en estiaje. El problema se complica por la diversidad apreciable que se observa y la necesidad de dar significación estadística a las conclusiones. En este trabajo, junto a un análisis del seguimiento de una docena de parámetros en diversos colectores de aguas residuales de una zona urbana, se pretende eparar/advertir la dificultad que presenta cada uno de eUos para el cumplimiento legal en relación con las caraterísticas de las fuentes de procedencia y la situación estacional durante el análisis. Además, se pretende buscar de una forma incial las posibles relaciones que se presentan entre las variaciones simultáneas de dichos parámetros. Algunos de eUos muestran una relación clara por lo que podría establecerse alguna dependencia funcional, mientras que en otros casos el problema resulta excesivamente complejo por la necesidad de disponer de más información para Uegar a establecer alguna relación.

Expected Fair Allocation in Farsighted Network Formation

I consider cooperation situations where players have network relations. Networks evolve according to a stationary transition probability matrix and at each moment in time players receive payoffs from a stationary allocation rule. Players discount the future by a common factor. The pair formed by an allocation rule and a transition probability matrix is called expected fair if for every link in the network both participants gain, marginally, and in discounted, expected terms, the same from it; and it is called a pairwise network formation procedure if the probability that a link is created (or eliminated) is positive if the discounted, expected gains to its two participants are positive too. The main result is the existence, for the discount factor small enough, of an expected fair and pairwise network formation procedure where the allocation rule is component balanced, meaning it distributes the total value of any maximal connected subnetwork among its participants. This existence result holds for all discount factors when the pairwise network formation procedure is restricted. I finally provide some comparison with previous models of farsighted network formation.

Forward-looking Pairwise Stability in Networks with Externalities

We consider cooperation situations where players have network relations. Networks evolve according to a stationary transition probability matrix and at each moment in time players receive payoffs from a stationary allocation rule. Players discount the future by a common factor. The pair formed by an allocation rule and a transition probability matrix is called a forward-looking network formation scheme if, first, the probability that a link is created is positive if the discounted, expected gains to its two participants are positive, and if, second, the probability that a link is eliminated is positive if the discounted, expected gains to at least one of its two participants are positive. The main result is the existence, for all discount factors and all value functions, of a forward-looking network formation scheme. Furthermore, we can always nd a forward-looking network formation scheme such that (i) the allocation rule is component balanced and (ii) the transition probabilities increase in the di erence in payo s for the corresponding players responsible for the transition. We use this dynamic solution concept to explore the tension between e ciency and stability.

A Note on Wavelet Correlation and Cointegration

In a recent paper Leong-Huang:2010 {Journal of Applied Statistics 37, 215–233} proposed a wavelet-correlation-based approach to test for cointegration between two time series. However, correlation and cointegration are two different concepts even when wavelet analysis is used. It is known that statistics based on nonstationary integrated variables have non-standard asymptotic distributions. However, wavelet analysis offsets the integrating order of nonstationary series so that traditional asymptotics on stationary variables suffices to ascertain the statistical properties of wavelet-based statistics. Based on this, this note shows that wavelet correlations cannot be used as a test of cointegration.

Contributions to unsupervised and supervised learning with applications in digital image processing

311 p. : il.

High voltage cathodes for Na-ion batteries: Na3V2O2x(PO4)2F3-2x system

254 p : il, graf. col.

An Alternative View of the US Price-Dividend Ratio Dynamics

As a necessary condition for the validity of the present value model, the price-dividend ratio must be stationary. However, significant market episodes seem to provide evidence of prices significantly drifting apart from dividends while other episodes show prices anchoring back to dividends. This paper investigates the stationarity of this ratio in the context of a Markov- switching model à la Hamilton (1989) where an asymmetric speed of adjustment towards a unique attractor is introduced. A three-regime model displays the best regime identification and reveals that the first part of the 90’s boom (1985-1995) and the post-war period are characterized by a stationary state featuring a slow reverting process to a relatively high attractor. Interestingly, the latter part of the 90’s boom (1996-2000), characterized by a growing price-dividend ratio, is entirely attributed to a stationary regime featuring a highly reverting process to the attractor. Finally, the post-Lehman Brothers episode of the subprime crisis can be classified into a temporary nonstationary regime.

Desarrollo de sistemas de guiado en direcciones estacionarias basados en brújulas mecánicas

[ES]El South Pointing Chariot es un antiguo mecanismo de origen chino usado en sus inicios como instrumento de orientación, siendo su principal característica la existencia de un punto que siempre tiene velocidad angular absoluta nula. Tomando sus fundamentos como base, es posible realizar sistemas de guiado en direcciones estacionarias con múltiples aplicaciones en la actualidad, pudiendo usarse, por ejemplo, como sistema estabilizador. Para ello, debe realizarse su análisis cinemático, para comprender su funcionamiento, y comprobar que los resultados son correctos, pudiéndose hacer esto mediante un prototipo. La realización del prototipo engloba su diseño y posterior fabricación.

Insight on how fishing bats discern prey and adjust their mechanic and sensorial features during the attack sequence

Several insectivorous bats have included fish in their diet, yet little is known about the processes underlying this trophic shift. We performed three field experiments with wild fishing bats to address how they manage to discern fish from insects and adapt their hunting technique to capture fish. We show that bats react only to targets protruding above the water and discern fish from insects based on prey disappearance patterns. Stationary fish trigger short and shallow dips and a terminal echolocation pattern with an important component of the narrowband and low frequency calls. When the fish disappears during the attack process, bats regulate their attack increasing the number of broadband and high frequency calls in the last phase of the echolocation as well as by lengthening and deepening their dips. These adjustments may allow bats to obtain more valuable sensorial information and to perform dips adjusted to the level of uncertainty on the location of the submerged prey. The observed ultrafast regulation may be essential for enabling fishing to become cost-effective in bats, and demonstrates the ability of bats to rapidly modify and synchronise their sensorial and motor features as a response to last minute stimulus variations.

Análisis cinemático de una máquina de cinemática híbrida XY3PRS.

[Es]El objetivo principal de este Trabajo Fin de Grado consiste en calcular los movimientos que son necesarios en los actuadores de la plataforma de un mecanismo de cinemática paralela, a fin de poder localizar la pieza en la posición adecuada para poder llevar a cabo la operación de microfresado de la misma. Para desarrollar el proyecto se necesitará un software de programación como es Matlab. Este trabajo surge de la necesidad de dar soporte a un proyecto mayor que consiste en el diseño de un manipulador de cinemática paralela cuyas juntas funcionan por deformación. Se pretende que mientras la herramienta se encuentra inmóvil, se consiga el microfresado de moldes para la fabricación de microlentes mediante el movimiento del manipulador. Se ha resuelto la cinemática inversa y se ha calculado el espacio de trabajo. En este documento se van a presentar las tareas, el presupuesto y los riesgos del proyecto así como unos anexos en los que se incluirá el código de la programación.

Quantum Emulation of Gravitational Waves

Gravitational waves, as predicted by Einstein's general relativity theory, appear as ripples in the fabric of spacetime traveling at the speed of light. We prove that the propagation of small amplitude gravitational waves in a curved spacetime is equivalent to the propagation of a subspace of electromagnetic states. We use this result to propose the use of entangled photons to emulate the evolution of gravitational waves in curved spacetimes by means of experimental electromagnetic setups featuring metamaterials.