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bidirectional option contract</title> <meta name="description" content="Search results for: bidirectional option contract"> <meta name="keywords" content="bidirectional option contract"> <meta name="viewport" content="width=device-width, initial-scale=1, minimum-scale=1, maximum-scale=1, user-scalable=no"> <meta charset="utf-8"> <link href="https://cdn.waset.org/favicon.ico" type="image/x-icon" rel="shortcut icon"> <link href="https://cdn.waset.org/static/plugins/bootstrap-4.2.1/css/bootstrap.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/plugins/fontawesome/css/all.min.css" rel="stylesheet"> <link href="https://cdn.waset.org/static/css/site.css?v=150220211555" rel="stylesheet"> </head> <body> <header> <div class="container"> <nav class="navbar navbar-expand-lg navbar-light"> <a class="navbar-brand" href="https://waset.org"> <img src="https://cdn.waset.org/static/images/wasetc.png" alt="Open Science Research Excellence" title="Open Science Research Excellence" /> 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action="https://publications.waset.org/abstracts/search"> <div id="custom-search-input"> <div class="input-group"> <i class="fas fa-search"></i> <input type="text" class="search-query" name="q" placeholder="Author, Title, Abstract, Keywords" value="bidirectional option contract"> <input type="submit" class="btn_search" value="Search"> </div> </div> </form> </div> </div> <div class="row mt-3"> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Commenced</strong> in January 2007</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Frequency:</strong> Monthly</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Edition:</strong> International</div> </div> </div> <div class="col-sm-3"> <div class="card"> <div class="card-body"><strong>Paper Count:</strong> 818</div> </div> </div> </div> <h1 class="mt-3 mb-3 text-center" style="font-size:1.6rem;">Search results for: bidirectional option contract</h1> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">818</span> An Application of Bidirectional Option Contract to Coordinate a Dyadic Fashion Apparel Supply Chain </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Arnab%20Adhikari">Arnab Adhikari</a>, <a href="https://publications.waset.org/abstracts/search?q=Arnab%20Bisi"> Arnab Bisi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Since the inception, the fashion apparel supply chain is facing the problem of high demand uncertainty. Often the demand volatility compels the corresponding supply chain member to incur substantial holding cost and opportunity cost in case of the overproduction and the underproduction scenario, respectively. It leads to an uncoordinated fashion apparel supply chain. There exist several scholarly works to achieve coordination in the fashion apparel supply chain by employing the different contracts such as the buyback contract, the revenue sharing contract, the option contract, and so on. Specially, the application of option contract in the apparel industry becomes prevalent with the changing global scenario. Exploration of existing literature related to the option contract reveals that most of the research works concentrate on the one direction demand adjustment i.e. either to match the demand upwards or downwards. Here, we present a holistic approach to coordinate a dyadic fashion apparel supply chain comprising one manufacturer and one retailer with the help of bidirectional option contract. We show a combination of wholesale price contract and bidirectional option contract can coordinate the under expanded supply chain. We also propose a framework that captures the variation of the apparel retailer’s order quantity and the apparel manufacturer’s production quantity with the changing exercise price for the different ranges of the option price. We analytically explore that corresponding cost parameters of the supply chain members along with the nature of demand distribution play an instrumental role in the coordination as well as the retailer’s ordering decision. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fashion%20apparel%20supply%20chain" title="fashion apparel supply chain">fashion apparel supply chain</a>, <a href="https://publications.waset.org/abstracts/search?q=supply%20chain%20coordination" title=" supply chain coordination"> supply chain coordination</a>, <a href="https://publications.waset.org/abstracts/search?q=wholesale%20price%20contract" title=" wholesale price contract"> wholesale price contract</a>, <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20option%20contract" title=" bidirectional option contract"> bidirectional option contract</a> </p> <a href="https://publications.waset.org/abstracts/38689/an-application-of-bidirectional-option-contract-to-coordinate-a-dyadic-fashion-apparel-supply-chain" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/38689.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">441</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">817</span> Waad Bil Mourabaha Pricing</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Dchieche%20Amina">Dchieche Amina</a>, <a href="https://publications.waset.org/abstracts/search?q=Aboulaich%20Rajae"> Aboulaich Rajae</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In this work, we will modelize Waad Bil Mourabaha contract. This islamic contract provides the right to buy goods at a future date with a Mourabaha. Waad is a promise of sale or purchase of goods, declared in a unilateral way. In spite of the divergence between some schools of Islamic law about the Waad, this contract will allow us to study sophisticated and interesting contract: Waad Bil Mourabaha that can be used for hedging. In order to price Waad Bil Mourabaha contract, we will use an adapted Black and Scholes model using the Shariah compliant assumptions. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Islamic%20finance" title="Islamic finance">Islamic finance</a>, <a href="https://publications.waset.org/abstracts/search?q=Black-Scholes%20model" title=" Black-Scholes model"> Black-Scholes model</a>, <a href="https://publications.waset.org/abstracts/search?q=call%20option" title=" call option"> call option</a>, <a href="https://publications.waset.org/abstracts/search?q=risks" title=" risks"> risks</a>, <a href="https://publications.waset.org/abstracts/search?q=hedging" title=" hedging"> hedging</a> </p> <a href="https://publications.waset.org/abstracts/15514/waad-bil-mourabaha-pricing" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/15514.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">507</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">816</span> Modeling Salam Contract for Profit and Loss Sharing</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Dchieche%20Amina">Dchieche Amina</a>, <a href="https://publications.waset.org/abstracts/search?q=Aboulaich%20Rajae"> Aboulaich Rajae</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Profit and loss sharing suggests an equitable sharing of risks and profits between the parts involved in a financial transaction. Salam is a contract in which advance payment is made for goods to be delivered at a future date. The purpose of this work is to price a new contract for profit and loss sharing based on Salam contract, using Khiyar Al Ghabn which is an agreement of choice in case of misrepresent facts. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Islamic%20finance" title="Islamic finance">Islamic finance</a>, <a href="https://publications.waset.org/abstracts/search?q=shariah%20compliance" title=" shariah compliance"> shariah compliance</a>, <a href="https://publications.waset.org/abstracts/search?q=profi%0Ct%20and%20loss%20sharing" title=" profit and loss sharing"> profit and loss sharing</a>, <a href="https://publications.waset.org/abstracts/search?q=derivatives" title=" derivatives"> derivatives</a>, <a href="https://publications.waset.org/abstracts/search?q=risks" title=" risks"> risks</a>, <a href="https://publications.waset.org/abstracts/search?q=hedging" title=" hedging"> hedging</a>, <a href="https://publications.waset.org/abstracts/search?q=salam%20contract" title=" salam contract"> salam contract</a> </p> <a href="https://publications.waset.org/abstracts/41170/modeling-salam-contract-for-profit-and-loss-sharing" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/41170.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">332</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">815</span> Formal Verification for Ethereum Smart Contract Using Coq</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Xia%20Yang">Xia Yang</a>, <a href="https://publications.waset.org/abstracts/search?q=Zheng%20Yang"> Zheng Yang</a>, <a href="https://publications.waset.org/abstracts/search?q=Haiyong%20Sun"> Haiyong Sun</a>, <a href="https://publications.waset.org/abstracts/search?q=Yan%20Fang"> Yan Fang</a>, <a href="https://publications.waset.org/abstracts/search?q=Jingyu%20Liu"> Jingyu Liu</a>, <a href="https://publications.waset.org/abstracts/search?q=Jia%20Song"> Jia Song</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The smart contract in Ethereum is a unique program deployed on the Ethereum Virtual Machine (EVM) to help manage cryptocurrency. The security of this smart contract is critical to Ethereum’s operation and highly sensitive. In this paper, we present a formal model for smart contract, using the separated term-obligation (STO) strategy to formalize and verify the smart contract. We use the IBM smart sponsor contract (SSC) as an example to elaborate the detail of the formalizing process. We also propose a formal smart sponsor contract model (FSSCM) and verify SSC’s security properties with an interactive theorem prover Coq. We found the 'Unchecked-Send' vulnerability in the SSC, using our formal model and verification method. Finally, we demonstrate how we can formalize and verify other smart contracts with this approach, and our work indicates that this formal verification can effectively verify the correctness and security of smart contracts. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=smart%20contract" title="smart contract">smart contract</a>, <a href="https://publications.waset.org/abstracts/search?q=formal%20verification" title=" formal verification"> formal verification</a>, <a href="https://publications.waset.org/abstracts/search?q=Ethereum" title=" Ethereum"> Ethereum</a>, <a href="https://publications.waset.org/abstracts/search?q=Coq" title=" Coq"> Coq</a> </p> <a href="https://publications.waset.org/abstracts/85595/formal-verification-for-ethereum-smart-contract-using-coq" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/85595.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">691</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">814</span> Psychological Contract Violation and Occupational Stressors amongst UK Police Officers</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Fazeelat%20Duran">Fazeelat Duran</a>, <a href="https://publications.waset.org/abstracts/search?q=Darren%20Bishopp"> Darren Bishopp</a>, <a href="https://publications.waset.org/abstracts/search?q=Jessica%20%20Woodhams"> Jessica Woodhams</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Psychological contract refers to the perceptions of an employee and their employer regarding their mutual obligations towards each other. The rationale for applying the psychological contract theory in UK policing was to investigate its impact on their wellbeing because the psychological contract is a useful tool in identifying factors having a negative effect on the wellbeing of employees. The paper will report on a study, which examined how occupational stressors and psychological contract violation may influence the wellbeing (e.g. Physical Stress and General Health) of a sample of police officers (N=127). The design of the study was cross-sectional and based on data collected through a self-report survey. The results of hierarchical regression analyses and structural equation model, suggest that occupational stressors and psychological contract violation play a critical role in both physical and psychological health. The implications of these findings and the utility of considering the psychological contract will be discussed. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=police%20officers" title="police officers">police officers</a>, <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract" title=" psychological contract"> psychological contract</a>, <a href="https://publications.waset.org/abstracts/search?q=occupational%20stressors" title=" occupational stressors"> occupational stressors</a>, <a href="https://publications.waset.org/abstracts/search?q=wellbeing" title=" wellbeing"> wellbeing</a> </p> <a href="https://publications.waset.org/abstracts/60743/psychological-contract-violation-and-occupational-stressors-amongst-uk-police-officers" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/60743.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">433</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">813</span> Lease Contract: Concept and Types, Comparative Legal Analysis Between Bulgarian Legislation and European Countries</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Veselin%20Konstantinov%20Hristov">Veselin Konstantinov Hristov</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In recent years, the lease contract has become more and more applicable and occupies a key place in commercial relations and business. In Bulgaria, the legal regulation of the leasing contract is relatively new and imperfectly developed. There are many legal loopholes and it is they that determine the need for a comparative legal analysis. The purpose of the study is to analyze the various European legislations regarding the leasing contract and to find effective solutions for the legal system of Bulgaria. First of all, are examined the concept of the leasing contract, which originated in the United States of America around the 1950s and spread in Europe, and the etymology of the term "leasing". After that, the main types of lease contracts – financial and operational – are examined and analyzed in detail. Their features and characteristics were studied, as well as a comparative analysis was made between them. Next, in the research, a comparative-legal analysis of the leasing contract in different European countries was made in terms of its development and distribution, as well as its legal characteristics. The mechanism of action and functioning of the leasing contract in several European countries is analyzed. Conclusions are made regarding the legal framework under which the lease contract is most effective. Types of leasing contracts specific only to certain European countries and their advantages are examined. In conclusion, recommendations are made to improve the legal framework of the leasing contract in Bulgaria. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=alternative%20financing" title="alternative financing">alternative financing</a>, <a href="https://publications.waset.org/abstracts/search?q=leasing%20contract" title=" leasing contract"> leasing contract</a>, <a href="https://publications.waset.org/abstracts/search?q=financing%20instruments" title=" financing instruments"> financing instruments</a>, <a href="https://publications.waset.org/abstracts/search?q=innovation" title=" innovation"> innovation</a> </p> <a href="https://publications.waset.org/abstracts/167808/lease-contract-concept-and-types-comparative-legal-analysis-between-bulgarian-legislation-and-european-countries" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/167808.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">82</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">812</span> The Contract for Educational Services: Civil and Administrative Aspects</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Yuliya%20Leonidovna%20Kiva-Khamzina">Yuliya Leonidovna Kiva-Khamzina</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The legal nature of the contract for educational services causes a lot of controversies. In particular, it raises the question about industry sector relationships, which require making a contract for educational services. The article describes the different types of contracts classifications for services provision from the perspective of civil law, deals with the specifics of the contract on rendering educational services; the author makes the conclusion that the contract for the provision of educational services is a complex institution that includes elements of the civil and administrative law. The following methods were used to conduct the study: dialectical method of cognition, the historical method, systemic analysis, classification. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=administrative%20aspect" title="administrative aspect">administrative aspect</a>, <a href="https://publications.waset.org/abstracts/search?q=civil%20aspect" title=" civil aspect"> civil aspect</a>, <a href="https://publications.waset.org/abstracts/search?q=educational%20service" title=" educational service"> educational service</a>, <a href="https://publications.waset.org/abstracts/search?q=industry" title=" industry"> industry</a>, <a href="https://publications.waset.org/abstracts/search?q=legal%20nature" title=" legal nature"> legal nature</a>, <a href="https://publications.waset.org/abstracts/search?q=services%20provision" title=" services provision"> services provision</a> </p> <a href="https://publications.waset.org/abstracts/51623/the-contract-for-educational-services-civil-and-administrative-aspects" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/51623.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">324</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">811</span> Evaluation Using a Bidirectional Microphone as a Pressure Pulse Wave Meter</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Shunsuke%20Fujiwara">Shunsuke Fujiwara</a>, <a href="https://publications.waset.org/abstracts/search?q=Takashi%20Kaburagi"> Takashi Kaburagi</a>, <a href="https://publications.waset.org/abstracts/search?q=Kazuyuki%20Kobayashi"> Kazuyuki Kobayashi</a>, <a href="https://publications.waset.org/abstracts/search?q=Kajiro%20Watanabe"> Kajiro Watanabe</a>, <a href="https://publications.waset.org/abstracts/search?q=Yosuke%20Kurihara"> Yosuke Kurihara</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper describes a novel sensor device, a pressure pulse wave meter, which uses a bidirectional condenser microphone. The microphone work as a microphone as well as a sensor with high gain over a wide frequency range; they are also highly reliable and economical. Currently aging is becoming a serious social issue in Japan causing increased medical expenses in the country. Hence, it is important for elderly citizens to check health condition at home, and to care the health conditions through daily monitoring. Given this circumstances, we developed a novel pressure pulse wave meter based on a bidirectional condenser microphone. This novel pressure pulse wave meter device is used as a measuring instrument of health conditions. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20microphone" title="bidirectional microphone">bidirectional microphone</a>, <a href="https://publications.waset.org/abstracts/search?q=pressure%20pulse%20wave%20meter" title=" pressure pulse wave meter"> pressure pulse wave meter</a>, <a href="https://publications.waset.org/abstracts/search?q=health%20condition" title=" health condition"> health condition</a>, <a href="https://publications.waset.org/abstracts/search?q=novel%20sensor%20device" title=" novel sensor device"> novel sensor device</a> </p> <a href="https://publications.waset.org/abstracts/28575/evaluation-using-a-bidirectional-microphone-as-a-pressure-pulse-wave-meter" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/28575.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">554</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">810</span> The Psychological Contract and the Readiness to Verbalize It in Financial Institutions in Poland</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Anna%20Rogozi%C5%84ska-Pawe%C5%82czyk">Anna Rogozińska-Pawełczyk</a> </p> <p class="card-text"><strong>Abstract:</strong></p> A psychological contract is an agreement between the employer and an employee that covers the parties’ informal and frequently non-verbalized obligations and expectations towards each other. The contract is a cognitive pattern-governing employee’s behaviour in the organization. A gap between employee’s expectations and the organizational reality may lead to difficult-to-solve conflicts or cause the employee to modify their behaviour towards organizational values and goals, if they are willing and ready to verbalize their expectations. The article discusses psychological contracts in the financial institutions in Poland. Its theoretical part outlines the types of psychological contracts in organizations (relational, transactional, and balanced) and shows the process of their verbalization. The purpose of the article is to present how the type of the psychological contract relates to employee’s readiness to verbalize it. The article ends with conclusions arising from the study. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=customer%20contact%20staff%20in%20banks" title="customer contact staff in banks">customer contact staff in banks</a>, <a href="https://publications.waset.org/abstracts/search?q=employee%20expectations" title=" employee expectations"> employee expectations</a>, <a href="https://publications.waset.org/abstracts/search?q=financial%20institutions" title=" financial institutions"> financial institutions</a>, <a href="https://publications.waset.org/abstracts/search?q=mutual%20expectations" title=" mutual expectations"> mutual expectations</a>, <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract" title=" psychological contract"> psychological contract</a>, <a href="https://publications.waset.org/abstracts/search?q=verbalization%20of%20the%20psychological%20contract" title=" verbalization of the psychological contract"> verbalization of the psychological contract</a> </p> <a href="https://publications.waset.org/abstracts/35372/the-psychological-contract-and-the-readiness-to-verbalize-it-in-financial-institutions-in-poland" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/35372.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">487</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">809</span> Psycholgical Contract Violation and Its Impact on Job Satisfaction Level: A Study on Subordinate Employees in Enterprises of Hanoi, Vietnam</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Quangyen%20Tran">Quangyen Tran</a>, <a href="https://publications.waset.org/abstracts/search?q=YeZhuang%20Tian"> YeZhuang Tian</a>, <a href="https://publications.waset.org/abstracts/search?q=Chengfeng%20Li"> Chengfeng Li</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Psychological contract violations may lead to damaging an organization through losing its potential employees; it is a very significant concept in understanding the employment relationships. The authors selected contents of psychological contract violation scale based on the nine areas of violation most relevant to managerial samples (High pay, training, job security, career development, pay based on performance, promotion, feedback, expertise and quality of co-workers and support with personal problems), using regression analysis, the degree of psychological contract violations was measured by an adaptation of a multiplicative scale with Cronbach’s alpha as a measure of reliability. Through the regression analysis, psychological contract violations was found have a positive impact on employees’ job satisfaction, the frequency of psychological contract violations was more intense among male employees particularly in terms of training, job security and pay based on performance. Job dissatisfaction will lead to a lowering of employee commitment in the job, enterprises in Hanoi, Vietnam should therefore offer lucrative jobs in terms of salary and other emoluments to their employees. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract" title="psychological contract">psychological contract</a>, <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract%20violation" title=" psychological contract violation"> psychological contract violation</a>, <a href="https://publications.waset.org/abstracts/search?q=job%20satisfaction" title=" job satisfaction"> job satisfaction</a>, <a href="https://publications.waset.org/abstracts/search?q=subordinate%20employees" title=" subordinate employees"> subordinate employees</a>, <a href="https://publications.waset.org/abstracts/search?q=employers%E2%80%99%20obligation" title=" employers’ obligation"> employers’ obligation</a> </p> <a href="https://publications.waset.org/abstracts/3227/psycholgical-contract-violation-and-its-impact-on-job-satisfaction-level-a-study-on-subordinate-employees-in-enterprises-of-hanoi-vietnam" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/3227.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">325</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">808</span> Switched Uses of a Bidirectional Microphone as a Microphone and Sensors with High Gain and Wide Frequency Range</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Toru%20Shionoya">Toru Shionoya</a>, <a href="https://publications.waset.org/abstracts/search?q=Yosuke%20Kurihara"> Yosuke Kurihara</a>, <a href="https://publications.waset.org/abstracts/search?q=Takashi%20Kaburagi"> Takashi Kaburagi</a>, <a href="https://publications.waset.org/abstracts/search?q=Kajiro%20Watanabe"> Kajiro Watanabe</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Mass-produced bidirectional microphones have attractive characteristics. They work as a microphone as well as a sensor with high gain over a wide frequency range; they are also highly reliable and economical. We present novel multiple functional uses of the microphones. A mathematical model for explaining the high-pass-filtering characteristics of bidirectional microphones was presented. Based on the model, the characteristics of the microphone were investigated, and a novel use for the microphone as a sensor with a wide frequency range was presented. In this study, applications for using the microphone as a security sensor and a human biosensor were introduced. The mathematical model was validated through experiments, and the feasibility of the abovementioned applications for security monitoring and the biosignal monitoring were examined through experiments. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20microphone" title="bidirectional microphone">bidirectional microphone</a>, <a href="https://publications.waset.org/abstracts/search?q=low-frequency" title=" low-frequency"> low-frequency</a>, <a href="https://publications.waset.org/abstracts/search?q=mathematical%20model" title=" mathematical model"> mathematical model</a>, <a href="https://publications.waset.org/abstracts/search?q=frequency%20response" title=" frequency response"> frequency response</a> </p> <a href="https://publications.waset.org/abstracts/17138/switched-uses-of-a-bidirectional-microphone-as-a-microphone-and-sensors-with-high-gain-and-wide-frequency-range" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/17138.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">545</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">807</span> A 3kW Grid Connected Residential Energy Storage System with PV and Li-Ion Battery</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Moiz%20Masood%20Syed">Moiz Masood Syed</a>, <a href="https://publications.waset.org/abstracts/search?q=Seong-Jun%20Hong"> Seong-Jun Hong</a>, <a href="https://publications.waset.org/abstracts/search?q=Geun-Hie%20Rim"> Geun-Hie Rim</a>, <a href="https://publications.waset.org/abstracts/search?q=Kyung-Ae%20Cho"> Kyung-Ae Cho</a>, <a href="https://publications.waset.org/abstracts/search?q=Hyoung-Suk%20Kim"> Hyoung-Suk Kim</a> </p> <p class="card-text"><strong>Abstract:</strong></p> In the near future, energy storage will play a vital role to enhance the present changing technology. Energy storage with power generation becomes necessary when renewable energy sources are connected to the grid which consequently adjoins to the total energy in the system since utilities require more power when peak demand occurs. This paper describes the operational function of a 3 kW grid-connected residential Energy Storage System (ESS) which is connected with Photovoltaic (PV) at its input side. The system can perform bidirectional functions of charging from the grid and discharging to the grid when power demand becomes high and low respectively. It consists of PV module, Power Conditioning System (PCS) containing a bidirectional DC/DC Converter and bidirectional DC/AC inverter and a Lithium-ion battery pack. ESS Configuration, specifications, and control are described. The bidirectional DC/DC converter tracks the maximum power point (MPPT) and maintains the stability of PV array in case of power deficiency to fulfill the load requirements. The bidirectional DC/AC inverter has good voltage regulation properties like low total harmonic distortion (THD), low electromagnetic interference (EMI), faster response and anti-islanding characteristics. Experimental results satisfy the effectiveness of the proposed system. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=energy%20storage%20system" title="energy storage system">energy storage system</a>, <a href="https://publications.waset.org/abstracts/search?q=photovoltaic" title=" photovoltaic"> photovoltaic</a>, <a href="https://publications.waset.org/abstracts/search?q=DC%2FDC%20converter" title=" DC/DC converter"> DC/DC converter</a>, <a href="https://publications.waset.org/abstracts/search?q=DC%2FAC%20inverter" title=" DC/AC inverter"> DC/AC inverter</a> </p> <a href="https://publications.waset.org/abstracts/20075/a-3kw-grid-connected-residential-energy-storage-system-with-pv-and-li-ion-battery" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/20075.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">641</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">806</span> 'Pacta Sunt Servanda': Which Form of Contract to Use in the Construction Industry</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ahmed%20Stifi">Ahmed Stifi</a>, <a href="https://publications.waset.org/abstracts/search?q=Sascha%20Gentes"> Sascha Gentes</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The contract in its simplest definition is an agreement involving parties with a number of documents which may be as little as a marriage contract involving two parties or as big as a contract of construction and operation of a nuclear power plant involving companies and stakeholders with hundreds or even thousands of documents. All parties in the construction industry, not only the contract experts, agree that the success of a project is linked primarily to the form of contract regulating the relationship between stakeholders of the project. Therefore it is essential for the construction industry to study, analyze and improve its contracts forms continuously. However, it should be mentioned that different contract forms are developed to suit the construction evolution in term of its machinery, materials and construction process. There exist some similarities in some clauses and variations in many of these forms depending upon the type of project, the kind of clients and more importantly the laws and regulations governing the transaction in the country where the project is carried out. This paper will discuss the most important forms of construction contracts starting from national level, intended to the contract form in Germany and moving on to the international level introducing FIDIC contracts and its different forms, some newly developed contracts forms namely the integrated form of agreement, the new engineering contract and the project alliance agreement. The result of the study shows that many of the contract’s paragraphs are similar and the main difference comes in the approach of the relationship between the parties. Is it based on co-operation and mutual trust, or in some cases a load of responsibility for a particular party which increases the problems and disputes that affects the success of the project negatively. Thus we can say that the form of the contract, that plays an essential role in the approach of the project management, which is ultimately the key factor for the success of the project. So we advise to use a form of contract, which enhance the mutual trust between the project parties, contribute to support the cooperation between them, distribute responsibility and risks on an equitable basis and build on the principle “win-win". In additional to the conventional role of the contract it should integrate all parties into one team to achieve the target value of the project. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=contract" title="contract">contract</a>, <a href="https://publications.waset.org/abstracts/search?q=FIDIC" title=" FIDIC"> FIDIC</a>, <a href="https://publications.waset.org/abstracts/search?q=integrated%20form%20of%20agreement" title=" integrated form of agreement"> integrated form of agreement</a>, <a href="https://publications.waset.org/abstracts/search?q=new%20engineering%20contract" title=" new engineering contract"> new engineering contract</a>, <a href="https://publications.waset.org/abstracts/search?q=project%20alliance%20agreemen" title=" project alliance agreemen"> project alliance agreemen</a> </p> <a href="https://publications.waset.org/abstracts/27199/pacta-sunt-servanda-which-form-of-contract-to-use-in-the-construction-industry" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/27199.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">373</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">805</span> Moderating Role of Psychological Contract in Relationship between Moral Disengagement and Counterproductive Work Behavior</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Afsheen%20Masood">Afsheen Masood</a>, <a href="https://publications.waset.org/abstracts/search?q=Sumaira%20Rashid"> Sumaira Rashid</a>, <a href="https://publications.waset.org/abstracts/search?q=Nadia%20Ijaz"> Nadia Ijaz</a>, <a href="https://publications.waset.org/abstracts/search?q=Shama%20Mazahir"> Shama Mazahir</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The current study examined the relationship between moral disengagement, psychological contract, organizational citizenship behavior and counterproductive work behavior. It is hypothesized that there is likely to be a significant relationship between moral disengagement, psychological contract, organizational citizenship behavior and counterproductive work behavior. It is hypothesized that moral disengagement is likely to significantly predict counterproductive work behavior. It is hypothesized that psychological contract is likely to moderate the relationship between moral disengagement, and counterproductive work behavior. Cross-sectional survey research design was used for the study. The sample consisted of 500 middle managers, age ranging between 30-45 years working in private and public sector. The measures used were Moral Disengagement Scale, Psychological Contract Scale, and Counterproductive Work Behavior. Series of Correlation analyses, Regression analysis, moderation analysis and t-test was run in order to execute descriptive and inferential analyses. The findings revealed that there was a significant positive relationship between moral disengagement and counterproductive work behaviors. Psychological contract significantly mediated the relationship between moral disengagement and counterproductive work behaviors. There were significant gender differences reported in psychological contract and counterproductive work behaviors. The insightful findings carry significant implication for organizational psychologists and organizational stakeholders. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract" title="psychological contract">psychological contract</a>, <a href="https://publications.waset.org/abstracts/search?q=moral%20disengagement" title=" moral disengagement"> moral disengagement</a>, <a href="https://publications.waset.org/abstracts/search?q=counterproductive%20work%20behaviors" title=" counterproductive work behaviors"> counterproductive work behaviors</a>, <a href="https://publications.waset.org/abstracts/search?q=mediation%20analysis" title=" mediation analysis"> mediation analysis</a> </p> <a href="https://publications.waset.org/abstracts/71626/moderating-role-of-psychological-contract-in-relationship-between-moral-disengagement-and-counterproductive-work-behavior" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/71626.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">316</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">804</span> Psychological Contract Breach and Violation Relationships with Stress and Wellbeing</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Fazeelat%20Duran">Fazeelat Duran</a>, <a href="https://publications.waset.org/abstracts/search?q=Darren%20Bishopp"> Darren Bishopp</a>, <a href="https://publications.waset.org/abstracts/search?q=Jessica%20Woodhams"> Jessica Woodhams</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Negative emotions resulting from the breach of perceived obligations by an employer is called the psychological contract violation. Employees perceiving breach and feelings of negative emotions result in adverse outcomes for both the employee and employer. This paper aims to identify the relationships between contract breach, violation, stress and wellbeing and investigate whether fairness and self-efficacy mediate the relationships. A mixed method approach was used to analyze the online-surveys and semi-structured interviews with the police officers. It was identified that the psychological contract violation predicts stress and job-related well-being. Fairness and self-efficacy were identified as significant mediators to understand the underlying mechanisms of association. Whilst, in the interviews social support was identified as a popular mediator. Practical implications for employers are discussed. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=psychological%20contract%20violation%20and%20breach" title="psychological contract violation and breach">psychological contract violation and breach</a>, <a href="https://publications.waset.org/abstracts/search?q=stressors" title=" stressors"> stressors</a>, <a href="https://publications.waset.org/abstracts/search?q=depression" title=" depression"> depression</a>, <a href="https://publications.waset.org/abstracts/search?q=anxiety" title=" anxiety"> anxiety</a> </p> <a href="https://publications.waset.org/abstracts/95975/psychological-contract-breach-and-violation-relationships-with-stress-and-wellbeing" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/95975.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">246</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">803</span> Preparation on Sentimental Analysis on Social Media Comments with Bidirectional Long Short-Term Memory Gated Recurrent Unit and Model Glove in Portuguese</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Leonardo%20Alfredo%20Mendoza">Leonardo Alfredo Mendoza</a>, <a href="https://publications.waset.org/abstracts/search?q=Cristian%20Munoz"> Cristian Munoz</a>, <a href="https://publications.waset.org/abstracts/search?q=Marco%20Aurelio%20Pacheco"> Marco Aurelio Pacheco</a>, <a href="https://publications.waset.org/abstracts/search?q=Manoela%20Kohler"> Manoela Kohler</a>, <a href="https://publications.waset.org/abstracts/search?q=Evelyn%20%20Batista"> Evelyn Batista</a>, <a href="https://publications.waset.org/abstracts/search?q=Rodrigo%20Moura"> Rodrigo Moura</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Natural Language Processing (NLP) techniques are increasingly more powerful to be able to interpret the feelings and reactions of a person to a product or service. Sentiment analysis has become a fundamental tool for this interpretation but has few applications in languages other than English. This paper presents a classification of sentiment analysis in Portuguese with a base of comments from social networks in Portuguese. A word embedding's representation was used with a 50-Dimension GloVe pre-trained model, generated through a corpus completely in Portuguese. To generate this classification, the bidirectional long short-term memory and bidirectional Gated Recurrent Unit (GRU) models are used, reaching results of 99.1%. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=natural%20processing%20language" title="natural processing language">natural processing language</a>, <a href="https://publications.waset.org/abstracts/search?q=sentiment%20analysis" title=" sentiment analysis"> sentiment analysis</a>, <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20long%20short-term%20memory" title=" bidirectional long short-term memory"> bidirectional long short-term memory</a>, <a href="https://publications.waset.org/abstracts/search?q=BI-LSTM" title=" BI-LSTM"> BI-LSTM</a>, <a href="https://publications.waset.org/abstracts/search?q=gated%20recurrent%20unit" title=" gated recurrent unit"> gated recurrent unit</a>, <a href="https://publications.waset.org/abstracts/search?q=GRU" title=" GRU"> GRU</a> </p> <a href="https://publications.waset.org/abstracts/131061/preparation-on-sentimental-analysis-on-social-media-comments-with-bidirectional-long-short-term-memory-gated-recurrent-unit-and-model-glove-in-portuguese" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/131061.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">159</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">802</span> A Transformer-Based Question Answering Framework for Software Contract Risk Assessment</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Qisheng%20Hu">Qisheng Hu</a>, <a href="https://publications.waset.org/abstracts/search?q=Jianglei%20Han"> Jianglei Han</a>, <a href="https://publications.waset.org/abstracts/search?q=Yue%20Yang"> Yue Yang</a>, <a href="https://publications.waset.org/abstracts/search?q=My%20Hoa%20Ha"> My Hoa Ha</a> </p> <p class="card-text"><strong>Abstract:</strong></p> When a company is considering purchasing software for commercial use, contract risk assessment is critical to identify risks to mitigate the potential adverse business impact, e.g., security, financial and regulatory risks. Contract risk assessment requires reviewers with specialized knowledge and time to evaluate the legal documents manually. Specifically, validating contracts for a software vendor requires the following steps: manual screening, interpreting legal documents, and extracting risk-prone segments. To automate the process, we proposed a framework to assist legal contract document risk identification, leveraging pre-trained deep learning models and natural language processing techniques. Given a set of pre-defined risk evaluation problems, our framework utilizes the pre-trained transformer-based models for question-answering to identify risk-prone sections in a contract. Furthermore, the question-answering model encodes the concatenated question-contract text and predicts the start and end position for clause extraction. Due to the limited labelled dataset for training, we leveraged transfer learning by fine-tuning the models with the CUAD dataset to enhance the model. On a dataset comprising 287 contract documents and 2000 labelled samples, our best model achieved an F1 score of 0.687. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=contract%20risk%20assessment" title="contract risk assessment">contract risk assessment</a>, <a href="https://publications.waset.org/abstracts/search?q=NLP" title=" NLP"> NLP</a>, <a href="https://publications.waset.org/abstracts/search?q=transfer%20learning" title=" transfer learning"> transfer learning</a>, <a href="https://publications.waset.org/abstracts/search?q=question%20answering" title=" question answering"> question answering</a> </p> <a href="https://publications.waset.org/abstracts/156605/a-transformer-based-question-answering-framework-for-software-contract-risk-assessment" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/156605.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">129</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">801</span> Tensile Properties of 3D Printed PLA under Unidirectional and Bidirectional Raster Angle: A Comparative Study </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Shilpesh%20R.%20Rajpurohit">Shilpesh R. Rajpurohit</a>, <a href="https://publications.waset.org/abstracts/search?q=Harshit%20K.%20Dave"> Harshit K. Dave</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Fused deposition modeling (FDM) gains popularity in recent times, due to its capability to create prototype as well as functional end use product directly from CAD file. Parts fabricated using FDM process have mechanical properties comparable with those of injection-molded parts. However, performance of the FDM part is severally affected by the poor mechanical properties of the part due to nature of layered structure of printed part. Mechanical properties of the part can be improved by proper selection of process variables. In the present study, a comparative study between unidirectional and bidirectional raster angle has been carried out at a combination of different layer height and raster width. Unidirectional raster angle varied at five different levels, and bidirectional raster angle has been varied at three different levels. Fabrication of tensile specimen and tensile testing of specimen has been conducted according to ASTM D638 standard. From the results, it can be observed that higher tensile strength has been obtained at 0° raster angle followed by 45°/45° raster angle, while lower tensile strength has been obtained at 90° raster angle. Analysis of fractured surface revealed that failure takes place along with raster deposition direction for unidirectional and zigzag failure can be observed for bidirectional raster angle. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=additive%20manufacturing" title="additive manufacturing">additive manufacturing</a>, <a href="https://publications.waset.org/abstracts/search?q=fused%20deposition%20modeling" title=" fused deposition modeling"> fused deposition modeling</a>, <a href="https://publications.waset.org/abstracts/search?q=unidirectional" title=" unidirectional"> unidirectional</a>, <a href="https://publications.waset.org/abstracts/search?q=bidirectional" title=" bidirectional"> bidirectional</a>, <a href="https://publications.waset.org/abstracts/search?q=raster%20angle" title=" raster angle"> raster angle</a>, <a href="https://publications.waset.org/abstracts/search?q=tensile%20strength" title=" tensile strength"> tensile strength</a> </p> <a href="https://publications.waset.org/abstracts/86885/tensile-properties-of-3d-printed-pla-under-unidirectional-and-bidirectional-raster-angle-a-comparative-study" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/86885.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">185</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">800</span> Application of Blockchain on Manufacturing Process Control and Pricing Policy</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Chieh%20Lee">Chieh Lee</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Today, supply chain managers face extensive disruptions in raw material pricing, transportation block, and quality issue due to product complexity. While digitalization might help managers to mitigate the disruption risk and increase supply chain resilience by sharing information between sellers and buyers through the supply chain, entities are reluctant to build such a system. The main reason is it is not clear what information should be shared and who has access to the stored information. In this research, we propose a smart contract built by blockchain technology. This contract helps both buyer and seller to identify the type of information, the access to the information, and how to trace the information. This contract helps managers control their orders through the supply chain and address any disruption they see fit. Furthermore, with the same smart contract, the supplier can track the production process of an order and increase production efficiency by eliminating waste. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=blockchain" title="blockchain">blockchain</a>, <a href="https://publications.waset.org/abstracts/search?q=production%20process" title=" production process"> production process</a>, <a href="https://publications.waset.org/abstracts/search?q=smart%20contract" title=" smart contract"> smart contract</a>, <a href="https://publications.waset.org/abstracts/search?q=supply%20chain%20resilience" title=" supply chain resilience"> supply chain resilience</a> </p> <a href="https://publications.waset.org/abstracts/163138/application-of-blockchain-on-manufacturing-process-control-and-pricing-policy" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/163138.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">79</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">799</span> Insecurity, Instability and Lack of Benefits: Factors Reasonable for Poor Performance among “Contract Workers” in South Africa</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Charmaine%20Devinee%20Pillay">Charmaine Devinee Pillay</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Employees in both public and private sectors are expected to contribute significantly to the growth and development of the organization that employs them. Good working conditions are directly linked to the optimum output emanating from the workforce’s excellent performance. Insecurity, instability and lack of benefits negatively impact on the employees’ commitment to their job. This is a qualitative case study that comprised 40 “Contract Employees” (Academic and Supporting staff) in the Faculty of Health Sciences, Walter Sisulu University, Mthatha, Eastern Cape, South Africa. Questionnaire, as instrument of data collection, was used to obtain qualitative data. Data collected were categorized in themes and sub-themes for analyses and discussion. Findings showed that “contract Employees” are highly demoralized due to job insecurity and non-benefits, among other factors, which directly affect their overall output in discharging their duties. The case study at Walter Sisulu University typifies the generalized challenges faced by workers on contract basis in South Africa. It is therefore, recommended that employers hire their workforce on permanent basis or, where “Contract Employment “is inevitable, similar conditions that go with permanent employment should be incorporated in the contract terms of “Contract Employees”. This serves as impetus for optimum performance. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=contract%20employee" title="contract employee">contract employee</a>, <a href="https://publications.waset.org/abstracts/search?q=insecurity" title=" insecurity"> insecurity</a>, <a href="https://publications.waset.org/abstracts/search?q=instability" title=" instability"> instability</a>, <a href="https://publications.waset.org/abstracts/search?q=risk%20factors" title=" risk factors"> risk factors</a> </p> <a href="https://publications.waset.org/abstracts/119297/insecurity-instability-and-lack-of-benefits-factors-reasonable-for-poor-performance-among-contract-workers-in-south-africa" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/119297.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">200</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">798</span> Striking a Balance between Certainty and Flexibility: The Role of Ubuntu in South African Contract Law</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Yeukai%20Mupangavanhu">Yeukai Mupangavanhu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The paper examines the concept of ubuntu and the extent to which it can play a role in ensuring fairness and justice in contractual relationships. Courts are expected to balance sanctity of contract and fairness. Public policy is currently a mechanism which is used by courts when balancing the above two competing interests. It, however, generally favours the freedom and sanctity of contract. The question which is addressed in this paper is whether the concept of ubuntu is an alternative mechanism that may be used to mitigate the sometimes harsh and unfair consequences of the doctrine of freedom and sanctity of contract. A comparative study and case analysis is the methodology that is used in this article. Unfairness in contracts is generally related to the problem of inequality in bargaining power underscored by deeply entrenched social and economic inequalities that are a consequence of apartheid and patriarchy. The transformative nature of the constitution demands the inclusion of African legal ideas and values in the legal order. There is a need for the harmonisation of western ideals which are based on the classical model of law of contract with relevant African principles. In order to attain a transformative legal order that promotes a societal transformation and enhances the lives of everyone courts cannot continue to frown upon African values. Ubuntu has the potential of steering the law of contract in a more equitable direction. The substantive rules of contract law undoubtedly need to be infused with the notion of ubuntu. The reconciliation of Western and African values is at the heart of legal transformation. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fairness" title="fairness">fairness</a>, <a href="https://publications.waset.org/abstracts/search?q=sanctity%20of%20contract" title=" sanctity of contract"> sanctity of contract</a>, <a href="https://publications.waset.org/abstracts/search?q=contractual%20justice" title=" contractual justice"> contractual justice</a>, <a href="https://publications.waset.org/abstracts/search?q=transformative%20constitutionalism" title=" transformative constitutionalism"> transformative constitutionalism</a> </p> <a href="https://publications.waset.org/abstracts/71490/striking-a-balance-between-certainty-and-flexibility-the-role-of-ubuntu-in-south-african-contract-law" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/71490.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">253</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">797</span> Overview on Effectiveness of Learning Contract in Architecture Design Studios</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Badiossadat%20Hassanpour">Badiossadat Hassanpour</a>, <a href="https://publications.waset.org/abstracts/search?q=Reza%20Sirjani"> Reza Sirjani</a>, <a href="https://publications.waset.org/abstracts/search?q=Nangkuala%20Utaberta"> Nangkuala Utaberta</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The avant-garde educational systems are striving to find a life long learning methods. Different fields and majors have test variety of proposed models, and found their difficulties and strengths. Architecture as a critical stage of education due to its characteristics which are learning by doing and critique based education and evaluation is out of this study procedure. Learning contracts is a new alternative form of evaluation of students’ achievements, while it acts as agreement about learning goals. Obtained results from studies in different fields which confirm its positive impact on students' learning in those fields and positively affected students' motivation and confidence in meeting their own learning needs, prompted us to implement this model in architecture design studio. In this implemented contract to the studio, students were asked to use the existing possibility of contract to have self assessment and examine their professional development to identify whether they are deficient or they would like to develop more expertise. The evidences of this research as well indicate that students feel positive about the learning contract and see it accommodating their individual learning needs. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=contract%20%28LC%29" title="contract (LC)">contract (LC)</a>, <a href="https://publications.waset.org/abstracts/search?q=architecture%20design%20studio" title=" architecture design studio"> architecture design studio</a>, <a href="https://publications.waset.org/abstracts/search?q=education" title=" education"> education</a>, <a href="https://publications.waset.org/abstracts/search?q=student-centered%20learning" title=" student-centered learning"> student-centered learning</a> </p> <a href="https://publications.waset.org/abstracts/3628/overview-on-effectiveness-of-learning-contract-in-architecture-design-studios" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/3628.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">439</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">796</span> Identifying Reforms Required in Construction Contracts from Resolved Disputed Cases</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=K.%20C.%20Iyer">K. C. Iyer</a>, <a href="https://publications.waset.org/abstracts/search?q=Yogita%20Manan%20Bindal"> Yogita Manan Bindal</a>, <a href="https://publications.waset.org/abstracts/search?q=Sumit%20Kumar%20Bakshi"> Sumit Kumar Bakshi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The construction industry is plagued with disputes and litigation in India with many stalled projects seeking dispute resolution. This has an adverse effect on the performance and overall project delivery and impacts future investments within the industry. While construction industry is the major driver of growth, there has not been major reforms in the government construction contracts. The study is aimed at identifying the proactive means of dispute avoidance, focusing on reforms required within the construction contracts, by studying 49 arbitration awards of construction disputes. The claims presented in the awards are aggregated to study the causes linked to the contract document and are referred against the prospective recommendation and practices as surveyed from literature review of research papers. Within contract administration, record keeping has been a major concern as they are required by the parties to substantiate the claims or the counterclaims and therefore are essential in any dispute redressal process. The study also observes that the right judgment is inhibited when the record keeping is improper and due to lack of coherence between documents, the dispute resolution period is also prolonged. The finding of the research will be relevant to industry practitioners in contract drafting with a view to avoid disputes. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=construction%20contract" title="construction contract">construction contract</a>, <a href="https://publications.waset.org/abstracts/search?q=contract%20administration" title=" contract administration"> contract administration</a>, <a href="https://publications.waset.org/abstracts/search?q=contract%20management" title=" contract management"> contract management</a>, <a href="https://publications.waset.org/abstracts/search?q=dispute%20avoidance" title=" dispute avoidance"> dispute avoidance</a> </p> <a href="https://publications.waset.org/abstracts/89516/identifying-reforms-required-in-construction-contracts-from-resolved-disputed-cases" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/89516.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">265</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">795</span> A Context-Centric Chatbot for Cryptocurrency Using the Bidirectional Encoder Representations from Transformers Neural Networks</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Qitao%20Xie">Qitao Xie</a>, <a href="https://publications.waset.org/abstracts/search?q=Qingquan%20Zhang"> Qingquan Zhang</a>, <a href="https://publications.waset.org/abstracts/search?q=Xiaofei%20Zhang"> Xiaofei Zhang</a>, <a href="https://publications.waset.org/abstracts/search?q=Di%20Tian"> Di Tian</a>, <a href="https://publications.waset.org/abstracts/search?q=Ruixuan%20Wen"> Ruixuan Wen</a>, <a href="https://publications.waset.org/abstracts/search?q=Ting%20Zhu"> Ting Zhu</a>, <a href="https://publications.waset.org/abstracts/search?q=Ping%20Yi"> Ping Yi</a>, <a href="https://publications.waset.org/abstracts/search?q=Xin%20Li"> Xin Li</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Inspired by the recent movement of digital currency, we are building a question answering system concerning the subject of cryptocurrency using Bidirectional Encoder Representations from Transformers (BERT). The motivation behind this work is to properly assist digital currency investors by directing them to the corresponding knowledge bases that can offer them help and increase the querying speed. BERT, one of newest language models in natural language processing, was investigated to improve the quality of generated responses. We studied different combinations of hyperparameters of the BERT model to obtain the best fit responses. Further, we created an intelligent chatbot for cryptocurrency using BERT. A chatbot using BERT shows great potential for the further advancement of a cryptocurrency market tool. We show that the BERT neural networks generalize well to other tasks by applying it successfully to cryptocurrency. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20encoder%20representations%20from%20transformers" title="bidirectional encoder representations from transformers">bidirectional encoder representations from transformers</a>, <a href="https://publications.waset.org/abstracts/search?q=BERT" title=" BERT"> BERT</a>, <a href="https://publications.waset.org/abstracts/search?q=chatbot" title=" chatbot"> chatbot</a>, <a href="https://publications.waset.org/abstracts/search?q=cryptocurrency" title=" cryptocurrency"> cryptocurrency</a>, <a href="https://publications.waset.org/abstracts/search?q=deep%20learning" title=" deep learning"> deep learning</a> </p> <a href="https://publications.waset.org/abstracts/129261/a-context-centric-chatbot-for-cryptocurrency-using-the-bidirectional-encoder-representations-from-transformers-neural-networks" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/129261.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">148</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">794</span> The Effects of Cost-Sharing Contracts on the Costs and Operations of E-Commerce Supply Chains</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Sahani%20Rathnasiri">Sahani Rathnasiri</a>, <a href="https://publications.waset.org/abstracts/search?q=Pritee%20Ray"> Pritee Ray</a>, <a href="https://publications.waset.org/abstracts/search?q=Sardar%20M.%20N.%20Isalm"> Sardar M. N. Isalm</a>, <a href="https://publications.waset.org/abstracts/search?q=Carlos%20A.%20Vega-Mejia"> Carlos A. Vega-Mejia</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This study develops a cooperative game theory-based cost-sharing contract model for a business to consumer (B2C) e-commerce supply chain to minimize the overall supply chain costs and the individual costs within an information asymmetry scenario. The objective of this study is to address the issues of strategic interactions among the key players of the e-commerce supply chain operation, which impedes the optimal operational outcomes. Game theory has been included in the field of supply chain management to resolve strategic decision-making issues; however, most of the studies are limited only to two-echelons of the supply chains. Multi-echelon supply chain optimizations based on game-theoretic models are less explored in the previous literature. This study adopts a cooperative game model to focus on the common payoff of operations and addresses the issues of information asymmetry and coordination of a three-echelon e-commerce supply chain. The cost-sharing contract model integrates operational features such as production, inventory management and distribution with the contract related constraints. The outcomes of the model highlight the importance of maintaining lower operational costs by all players to obtain benefits from the cost-sharing contract. Further, the cost-sharing contract ensures true cost revelation, and hence eliminates the information asymmetry issues among the players. Comparing the results of the contract model with the de-centralized e-commerce supply chain operation further emphasizes that the cost-sharing contract derives Pareto-improved outcomes and minimizes the costs of overall e-commerce supply chain operation. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cooperative%20game%20theory" title="cooperative game theory">cooperative game theory</a>, <a href="https://publications.waset.org/abstracts/search?q=cost-sharing%20contract" title=" cost-sharing contract"> cost-sharing contract</a>, <a href="https://publications.waset.org/abstracts/search?q=e-commerce%20supply%20chain" title=" e-commerce supply chain"> e-commerce supply chain</a>, <a href="https://publications.waset.org/abstracts/search?q=information%20asymmetry" title=" information asymmetry"> information asymmetry</a> </p> <a href="https://publications.waset.org/abstracts/107136/the-effects-of-cost-sharing-contracts-on-the-costs-and-operations-of-e-commerce-supply-chains" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/107136.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">128</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">793</span> Bidirectional Dynamic Time Warping Algorithm for the Recognition of Isolated Words Impacted by Transient Noise Pulses</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=G.%20Tamulevi%C4%8Dius">G. Tamulevičius</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20Serackis"> A. Serackis</a>, <a href="https://publications.waset.org/abstracts/search?q=T.%20Sledevi%C4%8D"> T. Sledevič</a>, <a href="https://publications.waset.org/abstracts/search?q=D.%20Navakauskas"> D. Navakauskas</a> </p> <p class="card-text"><strong>Abstract:</strong></p> We consider the biggest challenge in speech recognition – noise reduction. Traditionally detected transient noise pulses are removed with the corrupted speech using pulse models. In this paper we propose to cope with the problem directly in Dynamic Time Warping domain. Bidirectional Dynamic Time Warping algorithm for the recognition of isolated words impacted by transient noise pulses is proposed. It uses simple transient noise pulse detector, employs bidirectional computation of dynamic time warping and directly manipulates with warping results. Experimental investigation with several alternative solutions confirms effectiveness of the proposed algorithm in the reduction of impact of noise on recognition process – 3.9% increase of the noisy speech recognition is achieved. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=transient%20noise%20pulses" title="transient noise pulses">transient noise pulses</a>, <a href="https://publications.waset.org/abstracts/search?q=noise%20reduction" title=" noise reduction"> noise reduction</a>, <a href="https://publications.waset.org/abstracts/search?q=dynamic%20time%20warping" title=" dynamic time warping"> dynamic time warping</a>, <a href="https://publications.waset.org/abstracts/search?q=speech%20recognition" title=" speech recognition"> speech recognition</a> </p> <a href="https://publications.waset.org/abstracts/7831/bidirectional-dynamic-time-warping-algorithm-for-the-recognition-of-isolated-words-impacted-by-transient-noise-pulses" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/7831.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">559</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">792</span> A Rule Adumbrated: Bailment on Terms</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=David%20Gibbs-Kneller">David Gibbs-Kneller</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Only parties to a contract can enforce it. This is the privity of the contract. Carriage contracts frequently involve intermediated relationships. While the carrier and cargo-owner will agree on a contract for carriage, there is no privity or consideration between the cargo-owner and third parties. To overcome this, the contract utilizes ‘bailment on terms’ or the rule in Morris. Morris v C W Martin & Sons Ltd is authority for the following: A sub-bailee and bailor may rely on terms of a bailment where the bailor has consented to sub-bailment “on terms”. Bailment on terms can play a significant part in making litigation decisions and determining liability. It is used in standard form contracts and courts have also strived to find consent to bailment on terms in agreements so as to avoid the consequences of privity of contract. However, what this paper exposes is the false legal basis for this model. Lord Denning gave an account adumbrated of the law of bailments to justify the rule in Morris. What Lord Denning was really doing was objecting to the doctrine of privity. To do so, he wrongly asserted there was a lacuna in law that meant third parties could not avail themselves upon terms of a contract. Next, he provided a false analogy between purely contractual rights and possessory liens. Finally, he gave accounts of authorities to say they supported the rule in Morris when they did not. Surprisingly, subsequent case law on the point has not properly engaged with this reasoning. The Pioneer Container held that since the rule in Morris lay in bailments, the decision is not dependent on the doctrine of privity. Yet the basis for this statement was Morris. Once these reasons have been discounted, all bailment on terms rests on is the claim that the law of bailments is an independent source of law. Bailment on terms should not be retained, for it is contrary to established principles in the law of property, tort, and contract. That undermines the certainty of those principles by risking their collapse because there is nothing that keeps bailment on terms within the confines of bailments only. As such, bailment on terms is not good law and should not be used in standard form contracts or by the courts as a means of determining liability. If bailment on terms is a pragmatic rule to retain, it is recommended that rules governing carriage contracts should be amended. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bailment" title="bailment">bailment</a>, <a href="https://publications.waset.org/abstracts/search?q=carriage%20of%20goods" title=" carriage of goods"> carriage of goods</a>, <a href="https://publications.waset.org/abstracts/search?q=contract%20law" title=" contract law"> contract law</a>, <a href="https://publications.waset.org/abstracts/search?q=privity" title=" privity"> privity</a> </p> <a href="https://publications.waset.org/abstracts/132120/a-rule-adumbrated-bailment-on-terms" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/132120.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">209</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">791</span> Implied Adjusted Volatility by Leland Option Pricing Models: Evidence from Australian Index Options</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mimi%20Hafizah%20Abdullah">Mimi Hafizah Abdullah</a>, <a href="https://publications.waset.org/abstracts/search?q=Hanani%20Farhah%20Harun"> Hanani Farhah Harun</a>, <a href="https://publications.waset.org/abstracts/search?q=Nik%20Ruzni%20Nik%20Idris"> Nik Ruzni Nik Idris</a> </p> <p class="card-text"><strong>Abstract:</strong></p> With the implied volatility as an important factor in financial decision-making, in particular in option pricing valuation, and also the given fact that the pricing biases of Leland option pricing models and the implied volatility structure for the options are related, this study considers examining the implied adjusted volatility smile patterns and term structures in the S&P/ASX 200 index options using the different Leland option pricing models. The examination of the implied adjusted volatility smiles and term structures in the Australian index options market covers the global financial crisis in the mid-2007. The implied adjusted volatility was found to escalate approximately triple the rate prior the crisis. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=implied%20adjusted%20volatility" title="implied adjusted volatility">implied adjusted volatility</a>, <a href="https://publications.waset.org/abstracts/search?q=financial%20crisis" title=" financial crisis"> financial crisis</a>, <a href="https://publications.waset.org/abstracts/search?q=Leland%20option%20pricing%20models" title=" Leland option pricing models"> Leland option pricing models</a>, <a href="https://publications.waset.org/abstracts/search?q=Australian%20index%20options" title=" Australian index options"> Australian index options</a> </p> <a href="https://publications.waset.org/abstracts/9747/implied-adjusted-volatility-by-leland-option-pricing-models-evidence-from-australian-index-options" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/9747.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">379</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">790</span> Islamic Financial Instrument, Standard Parallel Salam as an Alternative to Conventional Derivatives</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Alireza%20Naserpoor">Alireza Naserpoor</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Derivatives are the most important innovation which has happened in the past decades. When it comes to financial markets, it has changed the whole way of operations of stock, commodities and currency market. Beside a lot of advantages, Conventional derivatives contracts have some disadvantages too. Some problems have been caused by derivatives contain raising Volatility, increasing Bankruptcies and causing financial crises. Standard Parallel Salam contract as an Islamic financial product meanwhile is a financing instrument can be used for risk management by investors. Standard Parallel Salam is a Shari’ah-Compliant contract. Furthermore, it is an alternative to conventional derivatives. Despite the fact that the unstructured types of that, has been used in several Islamic countries, This contract as a structured and standard financial instrument introduced in Iran Mercantile Exchange in 2014. In this paper after introducing parallel Salam, we intend to examine a collection of international experience and local measure regarding launching standard parallel Salam contract and proceed to describe standard scenarios for trading this instrument and practical experience in Iran Mercantile Exchange about this instrument. Afterwards, we make a comparison between SPS and Futures contracts as a conventional derivative. Standard parallel salam contract as an Islamic financial product, can be used for risk management by investors. SPS is a Shariah-Compliant contract. Furthermore it is an alternative to conventional derivatives. This contract as a structured and standard financial instrument introduced in Iran Mercantile Exchange in 2014. despite the fact that the unstructured types of that, has been used in several Islamic countries. In this article after introducing parallel salam, we intend to examine a collection of international experience and local measure regarding launching standard parallel salam contract and proceed to describe standard scenarios for trading this instrument containing two main approaches in SPS using, And practical experience in IME about this instrument Afterwards, a comparison between SPS and Futures contracts as a conventional derivatives. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=futures%20contracts" title="futures contracts">futures contracts</a>, <a href="https://publications.waset.org/abstracts/search?q=hedging" title=" hedging"> hedging</a>, <a href="https://publications.waset.org/abstracts/search?q=shari%E2%80%99ah%20compliant%20instruments" title=" shari’ah compliant instruments"> shari’ah compliant instruments</a>, <a href="https://publications.waset.org/abstracts/search?q=standard%20parallel%20salam" title=" standard parallel salam "> standard parallel salam </a> </p> <a href="https://publications.waset.org/abstracts/19729/islamic-financial-instrument-standard-parallel-salam-as-an-alternative-to-conventional-derivatives" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/19729.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">392</span> </span> </div> </div> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">789</span> Global Mittag-Leffler Stability of Fractional-Order Bidirectional Associative Memory Neural Network with Discrete and Distributed Transmission Delays</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Swati%20Tyagi">Swati Tyagi</a>, <a href="https://publications.waset.org/abstracts/search?q=Syed%20Abbas"> Syed Abbas</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Fractional-order Hopfield neural networks are generally used to model the information processing among the interacting neurons. To show the constancy of the processed information, it is required to analyze the stability of these systems. In this work, we perform Mittag-Leffler stability for the corresponding Caputo fractional-order bidirectional associative memory (BAM) neural networks with various time-delays. We derive sufficient conditions to ensure the existence and uniqueness of the equilibrium point by using the theory of topological degree theory. By applying the fractional Lyapunov method and Mittag-Leffler functions, we derive sufficient conditions for the global Mittag-Leffler stability, which further imply the global asymptotic stability of the network equilibrium. Finally, we present two suitable examples to show the effectiveness of the obtained results. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bidirectional%20associative%20memory%20neural%20network" title="bidirectional associative memory neural network">bidirectional associative memory neural network</a>, <a href="https://publications.waset.org/abstracts/search?q=existence%20and%20uniqueness" title=" existence and uniqueness"> existence and uniqueness</a>, <a href="https://publications.waset.org/abstracts/search?q=fractional-order" title=" fractional-order"> fractional-order</a>, <a href="https://publications.waset.org/abstracts/search?q=Lyapunov%20function" title=" Lyapunov function"> Lyapunov function</a>, <a href="https://publications.waset.org/abstracts/search?q=Mittag-Leffler%20stability" title=" Mittag-Leffler stability"> Mittag-Leffler stability</a> </p> <a href="https://publications.waset.org/abstracts/52374/global-mittag-leffler-stability-of-fractional-order-bidirectional-associative-memory-neural-network-with-discrete-and-distributed-transmission-delays" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/52374.pdf" target="_blank" class="btn btn-primary btn-sm">PDF</a> <span class="bg-info text-light px-1 py-1 float-right rounded"> Downloads <span class="badge badge-light">364</span> </span> </div> </div> <ul class="pagination"> <li class="page-item disabled"><span class="page-link">&lsaquo;</span></li> <li class="page-item active"><span class="page-link">1</span></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=bidirectional%20option%20contract&page=2">2</a></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=bidirectional%20option%20contract&page=3">3</a></li> <li class="page-item"><a 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