Ancient Chinese algorithm: The Ying Buzu Shu (method of surplus and deficiency) vs Newton iteration method

Air exploratory discussion of an ancient Chinese algorithm, the Ying Buzu Shu, in about 2nd century BC, known as the rule of double false position in the West is given. In addition to pointing out that the rule of double false position is actually a translation version of the ancient Chinese algorithm, a comparison with well-known Newton iteration method is also made. If derivative is introduced, the ancient Chinese algorithm reduces to the Newton method. A modification of the ancient Chinese algorithm is also proposed, and some of applications to nonlinear oscillators are illustrated.

Analysis of volatility transmissions in integrated and interconnected markets: The case of the Iberian and French markets

This paper models the mean and volatility spillovers of prices within the integrated Iberian and the interconnected Spanish and French electricity markets. Using the constant (CCC) and dynamic conditional correlation (DCC) bivariate models with three different specifications of the univariate variance processes, we study the extent to which increasing interconnection and harmonization in regulation have favoured price convergence. The data consist of daily prices calculated as the arithmetic mean of the hourly prices over a span from July 1st 2007 until February 29th 2012. The DCC model in which the variances of the univariate processes are specified with a VARMA(1,1) fits the data best for the integrated MIBEL whereas a CCC model with a GARCH(1,1) specification for the univariate variance processes is selected to model the price series in Spain and France. Results show that there are significant mean and volatility spillovers in the MIBEL, indicating strong interdependence between the two markets, while there is a weaker evidence of integration between the Spanish and French markets. We provide new evidence that the EU target of achieving a single electricity market largely depends on increasing trade between countries and homogeneous rules of market functioning.

Redeeming America's Fall from Grace between Utopian and Dystopian horizons: The case of George Lucas's Star Wars trilogy

Eterio Pajares, Raquel Merino y José Miguel Santamaría (eds.)

Parameter estimates for fishes of the upper Paraná river floodplain and Itaipu reservoir (Brazil)

Estimates of the growth (K), natural mortality (M), consumption/biomass (Q/B) rate and trophic level (TL) for 35 species in the upper Paraná river floodplain and the Itaipu reservoir (interconnected ecosystems) are presented. A compilation of these biological statistics is made for comparison purposes and some general trends are briefly discussed.

Fishery Management and Local Communities: The Case of Madeira Beach, Florida

This paper uses an industrial organization approach to trace the impact on Madeira Beach, Fla., and surrounding areas of a 1-month closure of the grouper fishery from 15 February 2001 to 15 March 2001. A proposed 2-month closure is also evaluated. This approach identifies the economic relationships in the industry based on both product and place. The empirical analysis measures the losses in employment and income, information that enriches social and anthropological research on fishery-dependent communities. The 1-month closure is estimated to have reduced annual catches landed in Madeira Beach by 9.7–10.1% and annual revenues by 9.3–11.5%. These reductions are associated with a direct loss of about 33 full-time (annualized) jobs and personal income losses between $8 and 12 million in Madeira Beach and Pinellas County over a 10-year period. If the closure occurs for 2 months, annual landings and revenues will be reduced an estimated 17–21% and 20–23%, respectively.

Aquaculture and food security, poverty alleviation and nutrition in Ghana: Case study prepared for the Aquaculture for Food Security, Poverty Alleviation and Nutrition project

This study provides an overview of the aquaculture sector in Ghana. It assesses the actual and potential contribution of aquaculture to poverty reduction and food security, and identifies enabling conditions for and drivers of the development of Ghana’s aquaculture sector. The study uses data collected from a variety of primary and secondary sources, including key informant interviews with actors within the aquaculture sector and relevant secondary literature.