The Use of Risk Budgets in Portfolio Optimization

Risk budgeting models set risk diversification as objective in portfolio allocation and are mainly promoted from the asset management industry. Albina Unger examines the portfolios based on different risk measures in several aspects from the academic perspective (Utility, Performance, Risk, Different Market Phases, Robustness, and Factor Exposures) to investigate the use of these models for ass…

Empirical Philosophy of Science Introducing Qualitative Methods into Philoso…

The book examines the emerging approach of using qualitative methods, such as interviews and field observations, in the philosophy of science. Qualitative methods are gaining popularity among philosophers of science as more and more scholars are resorting to empirical work in their study of scientific practices. At the same time, the results produced through empirical work are quite different f…

Book © 2016 Multidisciplinary Research Perspectives in Education

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Multimedia Content Analysis

This textbook covers the theoretical backgrounds and practical aspects of image, video and audio feature expression, e.g., color, texture, edge, shape, salient point and area, motion, 3D structure, audio/sound in time, frequency and cepstral domains, structure and melody. Up-to-date algorithms for estimation, search, classification and compact expression of feature data are described in detail.…

Multicriteria Decision Analysis in Geographic Information Science

This book is intended for the GIS Science and Decision Science communities. It is primarily targeted at postgraduate students and practitioners in GIS and urban, regional and environmental planning as well as applied decision analysis. It is also suitable for those studying and working with spatial decision support systems. The main objectives of this book are to effectivley integrate Multicrit…

The Unknown as an Engine for Science An Essay on the Definite and the Indefi…

This book explores the limits of our knowledge. The author shows how uncertainty and indefiniteness not only define the borders confining our understanding, but how they feed into the process of discovery and help to push back these borders. Starting with physics the author collects examples from economics, neurophysiology, history, ecology and philosophy. The first part shows how informatio…

Empirical Modeling and Data Analysis for Engineers and Applied Scientists

This textbook teaches advanced undergraduate and first-year graduate students in Engineering and Applied Sciences to gather and analyze empirical observations (data) in order to aid in making design decisions. While science is about discovery, the primary paradigm of engineering and "applied science" is design. Scientists are in the discovery business and want, in general, to understand the …

The University According to Humboldt History, Policy, and Future Possibilities

This book discusses the philosophy and educational reforms initiated by Wilhelm von Humboldt as well as their legacy in the modern university system. It begins with a discussion of the history of the university from antiquity and the Middle Ages through the era of Humboldt’s reforms and its remnants in and implications for the present day. The authors then delve into policy, outlining the key…

Multidisciplinary Management of Chronic Pain:A Practical Guide for Clinicians

This book is a 'must have' resource in every physician/clinician practice setting."--Martin Grabois, M.D., Professor of PM&R, Baylor College of Medicine, Houston,TX. Dr. Vasudevan draws upon an accumulated reservoir of clinical expertise to provide readers with an up-to-date and highly readable guide to multidisciplinary pain management. . . . If only this book was available years ago"--Fran…

The Universe of Conics From the ancient Greeks to 21st century developments

This text presents the classical theory of conics in a modern form. It includes many novel results that are not easily accessible elsewhere. The approach combines synthetic and analytic methods to derive projective, affine and metrical properties, covering both Euclidean and non-Euclidean geometries. With more than two thousand years of history, conic sections play a fundamental role in nume…