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Search results for: asset allocation
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text-center" style="font-size:1.6rem;">Search results for: asset allocation</h1> <div class="card paper-listing mb-3 mt-3"> <h5 class="card-header" style="font-size:.9rem"><span class="badge badge-info">1093</span> Strategic Asset Allocation Optimization: Enhancing Portfolio Performance Through PCA-Driven Multi-Objective Modeling</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ghita%20Benayad">Ghita Benayad</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Asset allocation, which affects the long-term profitability of portfolios by distributing assets to fulfill a range of investment objectives, is the cornerstone of investment management in the dynamic and complicated world of financial markets. This paper offers a technique for optimizing strategic asset allocation with the goal of improving portfolio performance by addressing the inherent complexity and uncertainty of the market through the use of Principal Component Analysis (PCA) in a multi-objective modeling framework. The study's first section starts with a critical evaluation of conventional asset allocation techniques, highlighting how poorly they are able to capture the intricate relationships between assets and the volatile nature of the market. In order to overcome these challenges, the project suggests a PCA-driven methodology that isolates important characteristics influencing asset returns by decreasing the dimensionality of the investment universe. This decrease provides a stronger basis for asset allocation decisions by facilitating a clearer understanding of market structures and behaviors. Using a multi-objective optimization model, the project builds on this foundation by taking into account a number of performance metrics at once, including risk minimization, return maximization, and the accomplishment of predetermined investment goals like regulatory compliance or sustainability standards. This model provides a more comprehensive understanding of investor preferences and portfolio performance in comparison to conventional single-objective optimization techniques. While applying the PCA-driven multi-objective optimization model to historical market data, aiming to construct portfolios better under different market situations. As compared to portfolios produced from conventional asset allocation methodologies, the results show that portfolios optimized using the proposed method display improved risk-adjusted returns, more resilience to market downturns, and better alignment with specified investment objectives. The study also looks at the implications of this PCA technique for portfolio management, including the prospect that it might give investors a more advanced framework for navigating financial markets. The findings suggest that by combining PCA with multi-objective optimization, investors may obtain a more strategic and informed asset allocation that is responsive to both market conditions and individual investment preferences. In conclusion, this capstone project improves the field of financial engineering by creating a sophisticated asset allocation optimization model that integrates PCA with multi-objective optimization. In addition to raising concerns about the condition of asset allocation today, the proposed method of portfolio management opens up new avenues for research and application in the area of investment techniques. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset%20allocation" title="asset allocation">asset allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=portfolio%20optimization" title=" portfolio optimization"> portfolio optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=principle%20component%20analysis" title=" principle component analysis"> principle component analysis</a>, <a href="https://publications.waset.org/abstracts/search?q=multi-objective%20modelling" title=" multi-objective modelling"> multi-objective modelling</a>, <a href="https://publications.waset.org/abstracts/search?q=financial%20market" title=" financial market"> financial market</a> </p> <a href="https://publications.waset.org/abstracts/183175/strategic-asset-allocation-optimization-enhancing-portfolio-performance-through-pca-driven-multi-objective-modeling" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/183175.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">47</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">1092</span> Development of an Index for Asset Class in Ex-Ante Portfolio Management</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Miang%20Hong%20Ngerng">Miang Hong Ngerng</a>, <a href="https://publications.waset.org/abstracts/search?q=Noor%20Diyana%20Jasme"> Noor Diyana Jasme</a>, <a href="https://publications.waset.org/abstracts/search?q=May%20Jin%20Theong"> May Jin Theong</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Volatile market environment is inevitable. Fund managers are struggling to choose the right strategy to survive and overcome uncertainties and adverse market movement. Therefore, finding certainty in the mist of uncertainty future is one of the key performance objectives for fund managers. Current available theoretical results are not practical due to strong reliance on the investment assumption made. This paper is to identify the component that can be forecasted in Ex-ante setting which is the realistic situation facing a fund manager in the actual execution of asset allocation in portfolio management. Partial lease square method was used to generate an index with 10 years accounting data from 191 companies listed in KLSE. The result shows that the index reflects the inner nature of the business and up to 30% of the stock return can be explained by the index. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=active%20portfolio%20management" title="active portfolio management">active portfolio management</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20allocation%20ex-ante%20investment" title=" asset allocation ex-ante investment"> asset allocation ex-ante investment</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20class" title=" asset class"> asset class</a>, <a href="https://publications.waset.org/abstracts/search?q=partial%20lease%20square" title=" partial lease square"> partial lease square</a> </p> <a href="https://publications.waset.org/abstracts/56458/development-of-an-index-for-asset-class-in-ex-ante-portfolio-management" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/56458.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">269</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">1091</span> Multi-Criteria Based Robust Markowitz Model under Box Uncertainty</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Pulak%20Swain">Pulak Swain</a>, <a href="https://publications.waset.org/abstracts/search?q=A.%20K.%20Ojha"> A. K. Ojha</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Portfolio optimization is based on dealing with the problems of efficient asset allocation. Risk and Expected return are two conflicting criteria in such problems, where the investor prefers the return to be high and the risk to be low. Using multi-objective approach we can solve those type of problems. However the information which we have for the input parameters are generally ambiguous and the input values can fluctuate around some nominal values. We can not ignore the uncertainty in input values, as they can affect the asset allocation drastically. So we use Robust Optimization approach to the problems where the input parameters comes under box uncertainty. In this paper, we solve the multi criteria robust problem with the help of E- constraint method. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=portfolio%20optimization" title="portfolio optimization">portfolio optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=multi-objective%20optimization" title=" multi-objective optimization"> multi-objective optimization</a>, <a href="https://publications.waset.org/abstracts/search?q=%CF%B5%20-%20constraint%20method" title=" ϵ - constraint method"> ϵ - constraint method</a>, <a href="https://publications.waset.org/abstracts/search?q=box%20uncertainty" title=" box uncertainty"> box uncertainty</a>, <a href="https://publications.waset.org/abstracts/search?q=robust%20optimization" title=" robust optimization"> robust optimization</a> </p> <a href="https://publications.waset.org/abstracts/118411/multi-criteria-based-robust-markowitz-model-under-box-uncertainty" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/118411.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">139</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">1090</span> Exploring SSD Suitable Allocation Schemes Incompliance with Workload Patterns</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Jae%20Young%20Park">Jae Young Park</a>, <a href="https://publications.waset.org/abstracts/search?q=Hwansu%20Jung"> Hwansu Jung</a>, <a href="https://publications.waset.org/abstracts/search?q=Jong%20Tae%20Kim"> Jong Tae Kim</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Whether the data has been well parallelized is an important factor in the Solid-State-Drive (SSD) performance. SSD parallelization is affected by allocation scheme and it is directly connected to SSD performance. There are dynamic allocation and static allocation in representative allocation schemes. Dynamic allocation is more adaptive in exploiting write operation parallelism, while static allocation is better in read operation parallelism. Therefore, it is hard to select the appropriate allocation scheme when the workload is mixed read and write operations. We simulated conditions on a few mixed data patterns and analyzed the results to help the right choice for better performance. As the results, if data arrival interval is long enough prior operations to be finished and continuous read intensive data environment static allocation is more suitable. Dynamic allocation performs the best on write performance and random data patterns. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=dynamic%20allocation" title="dynamic allocation">dynamic allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=NAND%20flash%20based%20SSD" title=" NAND flash based SSD"> NAND flash based SSD</a>, <a href="https://publications.waset.org/abstracts/search?q=SSD%20parallelism" title=" SSD parallelism"> SSD parallelism</a>, <a href="https://publications.waset.org/abstracts/search?q=static%20allocation" title=" static allocation"> static allocation</a> </p> <a href="https://publications.waset.org/abstracts/41931/exploring-ssd-suitable-allocation-schemes-incompliance-with-workload-patterns" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/41931.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">339</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">1089</span> An Approach to Manage and Evaluate Asset Performance</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mohammed%20Saif%20Al-Saidi">Mohammed Saif Al-Saidi</a>, <a href="https://publications.waset.org/abstracts/search?q=John%20P.%20T.%20Mo"> John P. T. Mo</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Modern engineering assets are complex and very high in value. They are expected to function for years to come, with ability to handle the change in technology and ageing modification. The aging of an engineering asset and continues increase of vendors and contractors numbers forces the asset operation management (or Owner) to design an asset system which can capture these changes. Furthermore, an accurate performance measurement and risk evaluation processes are highly needed. Therefore, this paper explores the nature of the asset management system performance evaluation for an engineering asset based on the System Support Engineering (SSE) principles. The research work explores the asset support system from a range of perspectives, interviewing managers from across a refinery organisation. The factors contributing to complexity of an asset management system are described in context which clusters them into several key areas. It is proposed that SSE framework may then be used as a tool for analysis and management of asset. The paper will conclude with discussion of potential application of the framework and opportunities for future research. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset%20management" title="asset management">asset management</a>, <a href="https://publications.waset.org/abstracts/search?q=performance" title=" performance"> performance</a>, <a href="https://publications.waset.org/abstracts/search?q=evaluation" title=" evaluation"> evaluation</a>, <a href="https://publications.waset.org/abstracts/search?q=modern%20engineering" title=" modern engineering"> modern engineering</a>, <a href="https://publications.waset.org/abstracts/search?q=System%20Support%20Engineering%20%28SSE%29" title=" System Support Engineering (SSE) "> System Support Engineering (SSE) </a> </p> <a href="https://publications.waset.org/abstracts/1481/an-approach-to-manage-and-evaluate-asset-performance" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/1481.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">677</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">1088</span> The Properties of Risk-based Approaches to Asset Allocation Using Combined Metrics of Portfolio Volatility and Kurtosis: Theoretical and Empirical Analysis</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Maria%20Debora%20Braga">Maria Debora Braga</a>, <a href="https://publications.waset.org/abstracts/search?q=Luigi%20Riso"> Luigi Riso</a>, <a href="https://publications.waset.org/abstracts/search?q=Maria%20Grazia%20Zoia"> Maria Grazia Zoia</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Risk-based approaches to asset allocation are portfolio construction methods that do not rely on the input of expected returns for the asset classes in the investment universe and only use risk information. They include the Minimum Variance Strategy (MV strategy), the traditional (volatility-based) Risk Parity Strategy (SRP strategy), the Most Diversified Portfolio Strategy (MDP strategy) and, for many, the Equally Weighted Strategy (EW strategy). All the mentioned approaches were based on portfolio volatility as a reference risk measure but in 2023, the Kurtosis-based Risk Parity strategy (KRP strategy) and the Minimum Kurtosis strategy (MK strategy) were introduced. Understandably, they used the fourth root of the portfolio-fourth moment as a proxy for portfolio kurtosis to work with a homogeneous function of degree one. This paper contributes mainly theoretically and methodologically to the framework of risk-based asset allocation approaches with two steps forward. First, a new and more flexible objective function considering a linear combination (with positive coefficients that sum to one) of portfolio volatility and portfolio kurtosis is used to alternatively serve a risk minimization goal or a homogeneous risk distribution goal. Hence, the new basic idea consists in extending the achievement of typical risk-based approaches’ goals to a combined risk measure. To give the rationale behind operating with such a risk measure, it is worth remembering that volatility and kurtosis are expressions of uncertainty, to be read as dispersion of returns around the mean and that both preserve adherence to a symmetric framework and consideration for the entire returns distribution as well, but also that they differ from each other in that the former captures the “normal” / “ordinary” dispersion of returns, while the latter is able to catch the huge dispersion. Therefore, the combined risk metric that uses two individual metrics focused on the same phenomena but differently sensitive to its intensity allows the asset manager to express, in the context of an objective function by varying the “relevance coefficient” associated with the individual metrics, alternatively, a wide set of plausible investment goals for the portfolio construction process while serving investors differently concerned with tail risk and traditional risk. Since this is the first study that also implements risk-based approaches using a combined risk measure, it becomes of fundamental importance to investigate the portfolio effects triggered by this innovation. The paper also offers a second contribution. Until the recent advent of the MK strategy and the KRP strategy, efforts to highlight interesting properties of risk-based approaches were inevitably directed towards the traditional MV strategy and SRP strategy. Previous literature established an increasing order in terms of portfolio volatility, starting from the MV strategy, through the SRP strategy, arriving at the EQ strategy and provided the mathematical proof for the “equalization effect” concerning marginal risks when the MV strategy is considered, and concerning risk contributions when the SRP strategy is considered. Regarding the validity of similar conclusions when referring to the MK strategy and KRP strategy, the development of a theoretical demonstration is still pending. This paper fills this gap. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=risk%20parity" title="risk parity">risk parity</a>, <a href="https://publications.waset.org/abstracts/search?q=portfolio%20kurtosis" title=" portfolio kurtosis"> portfolio kurtosis</a>, <a href="https://publications.waset.org/abstracts/search?q=risk%20diversification" title=" risk diversification"> risk diversification</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20allocation" title=" asset allocation"> asset allocation</a> </p> <a href="https://publications.waset.org/abstracts/171372/the-properties-of-risk-based-approaches-to-asset-allocation-using-combined-metrics-of-portfolio-volatility-and-kurtosis-theoretical-and-empirical-analysis" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/171372.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">65</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">1087</span> In Search of Zero Beta Assets: Evidence from the Sukuk Market</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Andrea%20Paltrinieri">Andrea Paltrinieri</a>, <a href="https://publications.waset.org/abstracts/search?q=Alberto%20Dreassi"> Alberto Dreassi</a>, <a href="https://publications.waset.org/abstracts/search?q=Stefano%20Miani"> Stefano Miani</a>, <a href="https://publications.waset.org/abstracts/search?q=Alex%20Sclip"> Alex Sclip </a> </p> <p class="card-text"><strong>Abstract:</strong></p> The financial crises caused a collapse in prices of most asset classes, raising the attention on alternative investments such as Sukuk, a smaller, fast growing but often misunderstood market. We study diversification benefits of Sukuk, their correlation with other asset classes and the effects of their inclusion in investment portfolios of institutional and retail investors, through a comprehensive comparison of their risk/return profiles during and after the financial crisis. We find a beneficial performance adjusted for the specific volatility together with a lower correlation especially during the financial crisis. The distribution of Sukuk returns is positively skewed and leptokurtic, with a risk/return profile similarly to high yield bonds. Overall, our results suggest that Sukuk present diversification opportunities, a significant volatility-adjusted performance and lower correlations especially during the financial crisis. Our findings are relevant for a number of institutional investors. Long term investors, such as life insurers would benefit from Sukuk’s protective features during financial crisis yet keeping return and growth opportunities, whereas banks would gain due to their role of placers, advisors, market makers or underwriters. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=sukuk" title="sukuk">sukuk</a>, <a href="https://publications.waset.org/abstracts/search?q=zero%20beta%20asset" title=" zero beta asset"> zero beta asset</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20allocation" title=" asset allocation"> asset allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=sukuk%20market" title=" sukuk market"> sukuk market</a> </p> <a href="https://publications.waset.org/abstracts/21247/in-search-of-zero-beta-assets-evidence-from-the-sukuk-market" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/21247.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">477</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">1086</span> Whether Asset Growth is Systematic Risk: Evidence from Thailand</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Thitima%20Chaiyakul">Thitima Chaiyakul</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The number of previous literature regarding to the effect of asset growth and equity returns is small. Furthermore, those literature are mainly focus in the developed markets. According to my knowledge, there is no published paper examining the effect of asset growth and equity returns in the Stock Exchange of Thailand in different industry groups. The main objective in this research is the testing the effect of asset growth to equity returns in different industry groups. This study employs the data of the listed companies in the Stock Exchange of Thailand during January 1996 and December 2014. The data of financial industry are exclude from this study due to the different meaning of accounting terms. The results show the supported evidence that the asset growth positively affects the equity returns at a statistically significance level of at least 5% in Agro& Food Industry, Industrials, and Services Industry Groups. These results are inconsistent with the previous research testing in developed markets. Nevertheless, the statistically significances of the effect of asset growth to equity returns appear in some cases. In summary, the asset growth is a non-systematic risk and it is a mispricing factor. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset%20growth" title="asset growth">asset growth</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20pricing" title=" asset pricing"> asset pricing</a>, <a href="https://publications.waset.org/abstracts/search?q=equity%20returns" title=" equity returns"> equity returns</a>, <a href="https://publications.waset.org/abstracts/search?q=Thailand" title=" Thailand"> Thailand</a> </p> <a href="https://publications.waset.org/abstracts/38000/whether-asset-growth-is-systematic-risk-evidence-from-thailand" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/38000.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">349</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">1085</span> Loss Allocation in Radial Distribution Networks for Loads of Composite Types</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Sumit%20Banerjee">Sumit Banerjee</a>, <a href="https://publications.waset.org/abstracts/search?q=Chandan%20Kumar%20Chanda"> Chandan Kumar Chanda</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The paper presents allocation of active power losses and energy losses to consumers connected to radial distribution networks in a deregulated environment for loads of composite types. A detailed comparison among four algorithms, namely quadratic loss allocation, proportional loss allocation, pro rata loss allocation and exact loss allocation methods are presented. Quadratic and proportional loss allocations are based on identifying the active and reactive components of current in each branch and the losses are allocated to each consumer, pro rata loss allocation method is based on the load demand of each consumer and exact loss allocation method is based on the actual contribution of active power loss by each consumer. The effectiveness of the proposed comparison among four algorithms for composite load is demonstrated through an example. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=composite%20type" title="composite type">composite type</a>, <a href="https://publications.waset.org/abstracts/search?q=deregulation" title=" deregulation"> deregulation</a>, <a href="https://publications.waset.org/abstracts/search?q=loss%20allocation" title=" loss allocation"> loss allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=radial%20distribution%20networks" title=" radial distribution networks"> radial distribution networks</a> </p> <a href="https://publications.waset.org/abstracts/42700/loss-allocation-in-radial-distribution-networks-for-loads-of-composite-types" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/42700.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">286</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">1084</span> The Viability of Islamic Finance and Its Impact on Global Financial Stability: Evidence from Practical Implications</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Malik%20Shahzad%20Shabbir">Malik Shahzad Shabbir</a>, <a href="https://publications.waset.org/abstracts/search?q=Muhammad%20Saarim%20Ghazi"> Muhammad Saarim Ghazi</a>, <a href="https://publications.waset.org/abstracts/search?q=Amir%20Khalil%20ur%20Rehman"> Amir Khalil ur Rehman</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This study examines the factors which influence and contribute towards the financial viability of Islamic finance and its impact on global financial stability. However, the purpose of this paper is to differentiate the practical implications of both Islamic and conventional finance on global financial stability. The Islamic finance is asset backed financing which creates wealth through trade, commerce and believes in risk and return sharing. Islamic banking is asset driven as against to conventional banking which is liability driven. In order to introduce new financial products for market, financial innovation in Islamic finance must be within the Shari’ah parameters that are tested against the ‘Maqasid al-Shari’ah’. Interest-based system leads to income and wealth inequalities and mis-allocation of resources. Moreover, this system has absence of just and equitable aspect of distribution that may exploit either the debt holder or the financier. Such implications are reached to a tipping point that leaves only one choice: change or face continued decline and misery. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=viability" title="viability">viability</a>, <a href="https://publications.waset.org/abstracts/search?q=global%20financial%20stability" title=" global financial stability"> global financial stability</a>, <a href="https://publications.waset.org/abstracts/search?q=practical%20implications" title=" practical implications"> practical implications</a>, <a href="https://publications.waset.org/abstracts/search?q=asset%20driven" title=" asset driven"> asset driven</a>, <a href="https://publications.waset.org/abstracts/search?q=tipping%20point" title=" tipping point"> tipping point</a> </p> <a href="https://publications.waset.org/abstracts/43819/the-viability-of-islamic-finance-and-its-impact-on-global-financial-stability-evidence-from-practical-implications" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/43819.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">303</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">1083</span> Understanding the Nature of Capital Allocation Problem in Corporate Finance</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Meltem%20Gurunlu">Meltem Gurunlu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> One of the central problems in corporate finance is the allocation of funds. This usually takes two forms: allocation of funds across firms in an economy or allocation of funds across projects or business units within a firm. The first one is typically related to the external markets (the bond market, the stock market, banks and finance companies) whereas the second form of the capital allocation is related to the internal capital markets in which corporate headquarters allocate capital to their business units. (within-group transfers, within-group credit markets, and within-group equity market). The main aim of this study is to investigate the nature of capital allocation dynamics by comparing the relevant studies carried out on external and internal capital markets with paying special significance to the business groups. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=internal%20capital%20markets" title="internal capital markets">internal capital markets</a>, <a href="https://publications.waset.org/abstracts/search?q=external%20capital%20markets" title=" external capital markets"> external capital markets</a>, <a href="https://publications.waset.org/abstracts/search?q=capital%20structure" title=" capital structure"> capital structure</a>, <a href="https://publications.waset.org/abstracts/search?q=capital%20allocation" title=" capital allocation"> capital allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=business%20groups" title=" business groups"> business groups</a>, <a href="https://publications.waset.org/abstracts/search?q=corporate%20finance" title=" corporate finance"> corporate finance</a> </p> <a href="https://publications.waset.org/abstracts/89423/understanding-the-nature-of-capital-allocation-problem-in-corporate-finance" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/89423.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">194</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">1082</span> A New Reliability Allocation Method Based on Fuzzy Numbers</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Peng%20Li">Peng Li</a>, <a href="https://publications.waset.org/abstracts/search?q=Chuanri%20Li"> Chuanri Li</a>, <a href="https://publications.waset.org/abstracts/search?q=Tao%20Li"> Tao Li </a> </p> <p class="card-text"><strong>Abstract:</strong></p> Reliability allocation is quite important during early design and development stages for a system to apportion its specified reliability goal to subsystems. This paper improves the reliability fuzzy allocation method and gives concrete processes on determining the factor set, the factor weight set, judgment set, and multi-grade fuzzy comprehensive evaluation. To determine the weight of factor set, the modified trapezoidal numbers are proposed to reduce errors caused by subjective factors. To decrease the fuzziness in the fuzzy division, an approximation method based on linear programming is employed. To compute the explicit values of fuzzy numbers, centroid method of defuzzification is considered. An example is provided to illustrate the application of the proposed reliability allocation method based on fuzzy arithmetic. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=reliability%20allocation" title="reliability allocation">reliability allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=fuzzy%20arithmetic" title=" fuzzy arithmetic"> fuzzy arithmetic</a>, <a href="https://publications.waset.org/abstracts/search?q=allocation%20weight" title=" allocation weight"> allocation weight</a>, <a href="https://publications.waset.org/abstracts/search?q=linear%20programming" title=" linear programming "> linear programming </a> </p> <a href="https://publications.waset.org/abstracts/27101/a-new-reliability-allocation-method-based-on-fuzzy-numbers" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/27101.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">342</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">1081</span> Condition Assessment of State-Owned Immovable Assets in South Africa</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Collen%20Maseloane">Collen Maseloane</a>, <a href="https://publications.waset.org/abstracts/search?q=Chris%20Cloete"> Chris Cloete</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The study investigated the status of building condition assessments of state-owned immovable assets in South Africa. A stratified random sample of 200 (out of 372) personnel was drawn from the eight rele-vant business units of the Department of Public Works (DPW). A questionnaire comprising open-ended questions was distributed to the sampled participants and a total of 139 completed questionnaires were received. A significant number of state asset properties were found to be in poor condition owing to the asset managers’ inability to access automated information on the conditions of assets. It is recommended that the immovable asset register of the Department requires constant enhancement to update information on the condition of each state-owned immovable asset under its custodianship. Implementation of the proposals should contribute to the maintenance of the value of state assets in South Africa. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=building%20condition%20assessment" title="building condition assessment">building condition assessment</a>, <a href="https://publications.waset.org/abstracts/search?q=immovable%20asset%20register" title=" immovable asset register"> immovable asset register</a>, <a href="https://publications.waset.org/abstracts/search?q=life%20cycle%20asset%20management" title=" life cycle asset management"> life cycle asset management</a>, <a href="https://publications.waset.org/abstracts/search?q=public%20works" title=" public works"> public works</a>, <a href="https://publications.waset.org/abstracts/search?q=South%20Africa" title=" South Africa"> South Africa</a> </p> <a href="https://publications.waset.org/abstracts/151098/condition-assessment-of-state-owned-immovable-assets-in-south-africa" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/151098.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">141</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">1080</span> An Improved VM Allocation Algorithm by Utilizing Combined Resource Allocation Mechanism and Released Resources in Cloud Environment</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Md%20Habibul%20Ansary">Md Habibul Ansary</a>, <a href="https://publications.waset.org/abstracts/search?q=Chandan%20Garai"> Chandan Garai</a>, <a href="https://publications.waset.org/abstracts/search?q=Ranjan%20Dasgupta"> Ranjan Dasgupta</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Utilization of resources is always a great challenge for any allocation problem, particularly when resource availability is dynamic in nature. In this work VM allocation mechanism has been augmented by providing resources in a combined manner. This approach has some inherent advantages in terms of reduction of wait state for the pending jobs of some users and better utilization of unused resources from the service providers’ point of view. Moreover the algorithm takes care of released resources from the finished jobs as soon as those become available. The proposed algorithm has been explained by suitable example to make the work complete. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Bid%20ratio" title="Bid ratio">Bid ratio</a>, <a href="https://publications.waset.org/abstracts/search?q=cloud%20service" title=" cloud service"> cloud service</a>, <a href="https://publications.waset.org/abstracts/search?q=virtualization" title=" virtualization"> virtualization</a>, <a href="https://publications.waset.org/abstracts/search?q=VM%20allocation%20problem" title=" VM allocation problem"> VM allocation problem</a> </p> <a href="https://publications.waset.org/abstracts/34024/an-improved-vm-allocation-algorithm-by-utilizing-combined-resource-allocation-mechanism-and-released-resources-in-cloud-environment" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/34024.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">396</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">1079</span> A New Method to Winner Determination for Economic Resource Allocation in Cloud Computing Systems </h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ebrahim%20Behrouzian%20Nejad">Ebrahim Behrouzian Nejad</a>, <a href="https://publications.waset.org/abstracts/search?q=Rezvan%20Alipoor%20Sabzevari"> Rezvan Alipoor Sabzevari</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Cloud computing systems are large-scale distributed systems, so that they focus more on large scale resource sharing, cooperation of several organizations and their use in new applications. One of the main challenges in this realm is resource allocation. There are many different ways to resource allocation in cloud computing. One of the common methods to resource allocation are economic methods. Among these methods, the auction-based method has greater prominence compared with Fixed-Price method. The double combinatorial auction is one of the proper ways of resource allocation in cloud computing. This method includes two phases: winner determination and resource allocation. In this paper a new method has been presented to determine winner in double combinatorial auction-based resource allocation using Imperialist Competitive Algorithm (ICA). The experimental results show that in our new proposed the number of winner users is higher than genetic algorithm. On other hand, in proposed algorithm, the number of winner providers is higher in genetic algorithm. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=cloud%20computing" title="cloud computing">cloud computing</a>, <a href="https://publications.waset.org/abstracts/search?q=resource%20allocation" title=" resource allocation"> resource allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=double%20auction" title=" double auction"> double auction</a>, <a href="https://publications.waset.org/abstracts/search?q=winner%20determination" title=" winner determination "> winner determination </a> </p> <a href="https://publications.waset.org/abstracts/35920/a-new-method-to-winner-determination-for-economic-resource-allocation-in-cloud-computing-systems" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/35920.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">359</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">1078</span> Dynamic Bandwidth Allocation in Fiber-Wireless (FiWi) Networks</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Eman%20I.%20Raslan">Eman I. Raslan</a>, <a href="https://publications.waset.org/abstracts/search?q=Haitham%20S.%20Hamza"> Haitham S. Hamza</a>, <a href="https://publications.waset.org/abstracts/search?q=Reda%20A.%20El-Khoribi"> Reda A. El-Khoribi</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Fiber-Wireless (FiWi) networks are a promising candidate for future broadband access networks. These networks combine the optical network as the back end where different passive optical network (PON) technologies are realized and the wireless network as the front end where different wireless technologies are adopted, e.g. LTE, WiMAX, Wi-Fi, and Wireless Mesh Networks (WMNs). The convergence of both optical and wireless technologies requires designing architectures with robust efficient and effective bandwidth allocation schemes. Different bandwidth allocation algorithms have been proposed in FiWi networks aiming to enhance the different segments of FiWi networks including wireless and optical subnetworks. In this survey, we focus on the differentiating between the different bandwidth allocation algorithms according to their enhancement segment of FiWi networks. We classify these techniques into wireless, optical and Hybrid bandwidth allocation techniques. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fiber-wireless%20%28FiWi%29" title="fiber-wireless (FiWi)">fiber-wireless (FiWi)</a>, <a href="https://publications.waset.org/abstracts/search?q=dynamic%20bandwidth%20allocation%20%28DBA%29" title=" dynamic bandwidth allocation (DBA)"> dynamic bandwidth allocation (DBA)</a>, <a href="https://publications.waset.org/abstracts/search?q=passive%20optical%20networks%20%28PON%29" title=" passive optical networks (PON)"> passive optical networks (PON)</a>, <a href="https://publications.waset.org/abstracts/search?q=media%20access%20control%20%28MAC%29" title=" media access control (MAC)"> media access control (MAC)</a> </p> <a href="https://publications.waset.org/abstracts/43649/dynamic-bandwidth-allocation-in-fiber-wireless-fiwi-networks" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/43649.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">531</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">1077</span> Optimization of Smart Beta Allocation by Momentum Exposure</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=J.%20B.%20Frisch">J. B. Frisch</a>, <a href="https://publications.waset.org/abstracts/search?q=D.%20Evandiloff"> D. Evandiloff</a>, <a href="https://publications.waset.org/abstracts/search?q=P.%20Martin"> P. Martin</a>, <a href="https://publications.waset.org/abstracts/search?q=N.%20Ouizille"> N. Ouizille</a>, <a href="https://publications.waset.org/abstracts/search?q=F.%20Pires"> F. Pires </a> </p> <p class="card-text"><strong>Abstract:</strong></p> Smart Beta strategies intend to be an asset management revolution with reference to classical cap-weighted indices. Indeed, these strategies allow a better control on portfolios risk factors and an optimized asset allocation by taking into account specific risks or wishes to generate alpha by outperforming indices called 'Beta'. Among many strategies independently used, this paper focuses on four of them: Minimum Variance Portfolio, Equal Risk Contribution Portfolio, Maximum Diversification Portfolio, and Equal-Weighted Portfolio. Their efficiency has been proven under constraints like momentum or market phenomenon, suggesting a reconsideration of cap-weighting. To further increase strategy return efficiency, it is proposed here to compare their strengths and weaknesses inside time intervals corresponding to specific identifiable market phases, in order to define adapted strategies depending on pre-specified situations. Results are presented as performance curves from different combinations compared to a benchmark. If a combination outperforms the applicable benchmark in well-defined actual market conditions, it will be preferred. It is mainly shown that such investment 'rules', based on both historical data and evolution of Smart Beta strategies, and implemented according to available specific market data, are providing very interesting optimal results with higher return performance and lower risk. Such combinations have not been fully exploited yet and justify present approach aimed at identifying relevant elements characterizing them. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=smart%20beta" title="smart beta">smart beta</a>, <a href="https://publications.waset.org/abstracts/search?q=minimum%20variance%20portfolio" title=" minimum variance portfolio"> minimum variance portfolio</a>, <a href="https://publications.waset.org/abstracts/search?q=equal%20risk%20contribution%20portfolio" title=" equal risk contribution portfolio"> equal risk contribution portfolio</a>, <a href="https://publications.waset.org/abstracts/search?q=maximum%20diversification%20portfolio" title=" maximum diversification portfolio"> maximum diversification portfolio</a>, <a href="https://publications.waset.org/abstracts/search?q=equal%20weighted%20portfolio" title=" equal weighted portfolio"> equal weighted portfolio</a>, <a href="https://publications.waset.org/abstracts/search?q=combinations" title=" combinations"> combinations</a> </p> <a href="https://publications.waset.org/abstracts/9011/optimization-of-smart-beta-allocation-by-momentum-exposure" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/9011.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">340</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">1076</span> Performance Analysis of a Hybrid Channel for Foglet Assisted Smart Asset Reporting</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Hasan%20Farahneh">Hasan Farahneh</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Smart asset management along roadsides and in deserted areas is a topic of deprived attention. We find most of the work in emergency reporting services in intelligent transportation systems (ITS) and rural areas but not much in asset reporting. Currently, available asset management mechanisms are based on scheduled maintenance and do not effectively report any emergency situation in a timely manner. This paper is the continuation of our previous work, in which we proposed the usage of Foglets and VLC link between smart vehicles and road side assets. In this paper, we propose a hybrid communication system for asset management and emergency reporting architecture for smart transportation. We incorporate Foglets along with visible light communication (VLC) and radio frequency (RF) communication. We present the channel model and parameters of a hybrid model to support an intelligent transportation system (ITS) system. Simulations show high improvement in the system performance in terms of communication range and received data. We present a comparative analysis of a hybrid ITS system. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Internet%20of%20Things" title="Internet of Things">Internet of Things</a>, <a href="https://publications.waset.org/abstracts/search?q=Foglets" title=" Foglets"> Foglets</a>, <a href="https://publications.waset.org/abstracts/search?q=VLC" title=" VLC"> VLC</a>, <a href="https://publications.waset.org/abstracts/search?q=RF" title=" RF"> RF</a>, <a href="https://publications.waset.org/abstracts/search?q=smart%20vehicle" title=" smart vehicle"> smart vehicle</a>, <a href="https://publications.waset.org/abstracts/search?q=roadside%20asset%20management" title=" roadside asset management"> roadside asset management</a> </p> <a href="https://publications.waset.org/abstracts/158829/performance-analysis-of-a-hybrid-channel-for-foglet-assisted-smart-asset-reporting" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/158829.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">133</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">1075</span> Assets and Health: Examining the Asset-Building Theoretical Framework and Psychological Distress</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Einav%20Srulovici">Einav Srulovici</a>, <a href="https://publications.waset.org/abstracts/search?q=Michal%20Grinstein-Weiss"> Michal Grinstein-Weiss</a>, <a href="https://publications.waset.org/abstracts/search?q=George%20Knafl"> George Knafl</a>, <a href="https://publications.waset.org/abstracts/search?q=Linda%20Beeber"> Linda Beeber</a>, <a href="https://publications.waset.org/abstracts/search?q=Shawn%20Kneipp"> Shawn Kneipp</a>, <a href="https://publications.waset.org/abstracts/search?q=Barbara%20Mark"> Barbara Mark</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Background: The asset-building theoretical framework (ABTF) is acknowledged as the most complete framework thus far for depicting the relationships between asset accumulation (the stock of a household’s saved resources available for future investment) and health outcomes. Although the ABTF takes into consideration the reciprocal relationship between asset accumulation and health, no ABTF based study has yet examined this relationship. Therefore, the purpose of this study was to test the ABTF and psychological distress, focusing on the reciprocal relationship between assets accumulation and psychological distress. Methods: The study employed longitudinal data from 6,295 families from the 2001 and 2007 Panel Study of Income Dynamics data sets. Structural equation modeling (SEM) was used to test the reciprocal relationship between asset accumulation and psychological distress. Results: In general, the data displayed a good fit to the model. The longitudinal SEM found that asset accumulation significantly increased with a decreased in psychological distress over time, while psychological distress significantly increased with an increase in asset accumulation over time, confirming the existence of the hypothesized reciprocal relationship. Conclusions: Individuals who are less psychological distressed might have more energy to engage in activities, such as furthering their education or obtaining better jobs that are in turn associated with greater asset accumulation, while those who have greater assets may invest those assets in riskier investments, resulting in increased psychological distress. The confirmation of this reciprocal relationship highlights the importance of conducting longitudinal studies and testing the reciprocal relationship between asset accumulation and other health outcomes. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset-building%20theoretical%20framework" title="asset-building theoretical framework">asset-building theoretical framework</a>, <a href="https://publications.waset.org/abstracts/search?q=psychological%20distress" title=" psychological distress"> psychological distress</a>, <a href="https://publications.waset.org/abstracts/search?q=structural%20equation%20modeling" title=" structural equation modeling"> structural equation modeling</a>, <a href="https://publications.waset.org/abstracts/search?q=reciprocal%20relationship" title=" reciprocal relationship "> reciprocal relationship </a> </p> <a href="https://publications.waset.org/abstracts/47638/assets-and-health-examining-the-asset-building-theoretical-framework-and-psychological-distress" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/47638.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">393</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">1074</span> The Development of Asset Valuation Techniques for Government Business Enterprises in Australia</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Malcolm%20Abbott">Malcolm Abbott</a>, <a href="https://publications.waset.org/abstracts/search?q=Angela%20Tan-Kantoor"> Angela Tan-Kantoor</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The purpose of this paper is to look at the varieties of ways in which regulators have undertaken asset valuations in Australia of government business enterprises as part of utility regulation. Regulation of the monopoly elements, through use of a building block approach, led to a need to estimate regulated asset bases. This development has had an influence on the manner in which Australian companies (both government and privately owned ones) have valued assets for the purpose of financial reporting. As the regulators in Australia did not always use a consistent approach it had meant that a variety of ways have been used to value the assets of government owned enterprises, and meant a varied impact on asset valuation more generally. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=sset%20valuation" title="sset valuation">sset valuation</a>, <a href="https://publications.waset.org/abstracts/search?q=regulation" title=" regulation"> regulation</a>, <a href="https://publications.waset.org/abstracts/search?q=government%20business%20enterprises" title=" government business enterprises"> government business enterprises</a> </p> <a href="https://publications.waset.org/abstracts/9777/the-development-of-asset-valuation-techniques-for-government-business-enterprises-in-australia" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/9777.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">308</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">1073</span> Exploring the Impact of Asset Diversification on Financial Performance: An Explanatory Study of Ethiopian Commercial Banks</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Mitku%20Malede%20Ymer">Mitku Malede Ymer</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The study was mainly intended to explore the impact of asset diversification on the financial performance of thirteen purposely selected Ethiopian commercial banks with seven consecutive years of data for the period 2011-2017, considering the availability of data. An explanatory research design has been employed to determine the impact of asset diversification on financial performance. In the meantime, a quantitative approach was used to construct the empirical model. Banks’ financial performance was measured using return on asset, and the four variables used to measure asset diversification were cash holding, fixed assets, foreign deposits, and NBE Bills, which were predictor variables. Again, the size of the bank was considered as a control variable. Then, a pooled panel regression model was employed to analyze the collected data. The result pretends that cash holding has a positive but marginally insignificant effect on financial performance, fixed assets, and foreign bank deposits have a positive and significant effect on financial performance, and NBE Bills have a negative and significant effect on banks' financial performance. Ultimately, it has been concluded that asset diversification has a significant effect on financial performance in the Ethiopian commercial banking sector. Hence, a researcher suggests that banks need to optimize their asset diversification so as to realize maximum profit and minimize the cost of funds based on the result of the study. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset%20diversification" title="asset diversification">asset diversification</a>, <a href="https://publications.waset.org/abstracts/search?q=financial%20performance" title=" financial performance"> financial performance</a>, <a href="https://publications.waset.org/abstracts/search?q=role" title=" role"> role</a>, <a href="https://publications.waset.org/abstracts/search?q=commercial%20banks" title=" commercial banks"> commercial banks</a> </p> <a href="https://publications.waset.org/abstracts/192921/exploring-the-impact-of-asset-diversification-on-financial-performance-an-explanatory-study-of-ethiopian-commercial-banks" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/192921.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">15</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">1072</span> Design Criteria for an Internal Information Technology Cost Allocation to Support Business Information Technology Alignment</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Andrea%20Schnabl">Andrea Schnabl</a>, <a href="https://publications.waset.org/abstracts/search?q=Mario%20Bernhart"> Mario Bernhart</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The controlling instrument of an internal cost allocation (IT chargeback) is commonly used to make IT costs transparent and controllable. Information Technology (IT) became, especially for information industries, a central competitive factor. Consequently, the focus is not on minimizing IT costs but on the strategic aligned application of IT. Hence, an internal IT cost allocation should be designed to enhance the business-IT alignment (strategic alignment of IT) in order to support the effective application of IT from a company’s point of view. To identify design criteria for an internal cost allocation to support business alignment a case study analysis at a typical medium-sized firm in information industry is performed. Documents, Key Performance Indicators, and cost accounting data over a period of 10 years are analyzed and interviews are performed. The derived design criteria are evaluated by 6 heads of IT departments from 6 different companies, which have an internal IT cost allocation at use. By applying these design criteria an internal cost allocation serves not only for cost controlling but also as an instrument in strategic IT management. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=accounting%20for%20IT%20services" title="accounting for IT services">accounting for IT services</a>, <a href="https://publications.waset.org/abstracts/search?q=Business%20IT%20Alignment" title=" Business IT Alignment"> Business IT Alignment</a>, <a href="https://publications.waset.org/abstracts/search?q=internal%20cost%20allocation" title=" internal cost allocation"> internal cost allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=IT%20controlling" title=" IT controlling"> IT controlling</a>, <a href="https://publications.waset.org/abstracts/search?q=IT%20governance" title=" IT governance"> IT governance</a>, <a href="https://publications.waset.org/abstracts/search?q=strategic%20IT%20management" title=" strategic IT management"> strategic IT management</a> </p> <a href="https://publications.waset.org/abstracts/93449/design-criteria-for-an-internal-information-technology-cost-allocation-to-support-business-information-technology-alignment" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/93449.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">155</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">1071</span> A Fuzzy Multiobjective Model for Bed Allocation Optimized by Artificial Bee Colony Algorithm</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Jalal%20Abdulkareem%20Sultan">Jalal Abdulkareem Sultan</a>, <a href="https://publications.waset.org/abstracts/search?q=Abdulhakeem%20Luqman%20Hasan"> Abdulhakeem Luqman Hasan</a> </p> <p class="card-text"><strong>Abstract:</strong></p> With the development of health care systems competition, hospitals face more and more pressures. Meanwhile, resource allocation has a vital effect on achieving competitive advantages in hospitals. Selecting the appropriate number of beds is one of the most important sections in hospital management. However, in real situation, bed allocation selection is a multiple objective problem about different items with vagueness and randomness of the data. It is very complex. Hence, research about bed allocation problem is relatively scarce under considering multiple departments, nursing hours, and stochastic information about arrival and service of patients. In this paper, we develop a fuzzy multiobjective bed allocation model for overcoming uncertainty and multiple departments. Fuzzy objectives and weights are simultaneously applied to help the managers to select the suitable beds about different departments. The proposed model is solved by using Artificial Bee Colony (ABC), which is a very effective algorithm. The paper describes an application of the model, dealing with a public hospital in Iraq. The results related that fuzzy multi-objective model was presented suitable framework for bed allocation and optimum use. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=bed%20allocation%20problem" title="bed allocation problem">bed allocation problem</a>, <a href="https://publications.waset.org/abstracts/search?q=fuzzy%20logic" title=" fuzzy logic"> fuzzy logic</a>, <a href="https://publications.waset.org/abstracts/search?q=artificial%20bee%20colony" title=" artificial bee colony"> artificial bee colony</a>, <a href="https://publications.waset.org/abstracts/search?q=multi-objective%20optimization" title=" multi-objective optimization"> multi-objective optimization</a> </p> <a href="https://publications.waset.org/abstracts/45374/a-fuzzy-multiobjective-model-for-bed-allocation-optimized-by-artificial-bee-colony-algorithm" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/45374.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">1070</span> Numerical Simulation of Wishart Diffusion Processes</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Raphael%20Naryongo">Raphael Naryongo</a>, <a href="https://publications.waset.org/abstracts/search?q=Philip%20%20Ngare"> Philip Ngare</a>, <a href="https://publications.waset.org/abstracts/search?q=Anthony%20%20Waititu"> Anthony Waititu</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper deals with numerical simulation of Wishart processes for a single asset risky pricing model whose volatility is described by Wishart affine diffusion processes. The multi-factor specification of volatility will make the model more flexible enough to fit the stock market data for short or long maturities for better returns. The Wishart process is a stochastic process which is a positive semi-definite matrix-valued generalization of the square root process. The aim of the study is to model the log asset stock returns under the double Wishart stochastic volatility model. The solution of the log-asset return dynamics for Bi-Wishart processes will be obtained through Euler-Maruyama discretization schemes. The numerical results on the asset returns are compared to the existing models returns such as Heston stochastic volatility model and double Heston stochastic volatility model <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=euler%20schemes" title="euler schemes">euler schemes</a>, <a href="https://publications.waset.org/abstracts/search?q=log-asset%20return" title=" log-asset return"> log-asset return</a>, <a href="https://publications.waset.org/abstracts/search?q=infinitesimal%20generator" title=" infinitesimal generator"> infinitesimal generator</a>, <a href="https://publications.waset.org/abstracts/search?q=wishart%20diffusion%20affine%20processes" title=" wishart diffusion affine processes "> wishart diffusion affine processes </a> </p> <a href="https://publications.waset.org/abstracts/137631/numerical-simulation-of-wishart-diffusion-processes" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/137631.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">378</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">1069</span> Mathematical Model and Algorithm for the Berth and Yard Resource Allocation at Seaports</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Ming%20Liu">Ming Liu</a>, <a href="https://publications.waset.org/abstracts/search?q=Zhihui%20Sun"> Zhihui Sun</a>, <a href="https://publications.waset.org/abstracts/search?q=Xiaoning%20Zhang"> Xiaoning Zhang</a> </p> <p class="card-text"><strong>Abstract:</strong></p> This paper studies a deterministic container transportation problem, jointly optimizing the berth allocation, quay crane assignment and yard storage allocation at container ports. The problem is formulated as an integer program to coordinate the decisions. Because of the large scale, it is then transformed into a set partitioning formulation, and a framework of branchand- price algorithm is provided to solve it. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=branch-and-price" title="branch-and-price">branch-and-price</a>, <a href="https://publications.waset.org/abstracts/search?q=container%20terminal" title=" container terminal"> container terminal</a>, <a href="https://publications.waset.org/abstracts/search?q=joint%20scheduling" title=" joint scheduling"> joint scheduling</a>, <a href="https://publications.waset.org/abstracts/search?q=maritime%20logistics" title=" maritime logistics"> maritime logistics</a> </p> <a href="https://publications.waset.org/abstracts/69918/mathematical-model-and-algorithm-for-the-berth-and-yard-resource-allocation-at-seaports" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/69918.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">293</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">1068</span> Fair Value Implementation of Financial Asset: Evidence in Indonesia’s Banking Sector</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Alhamdi%20Alfi%20Fajri">Alhamdi Alfi Fajri</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The purpose of this study is to analyze and to give empirical proof about the effect of fair value implementation on financial asset against information asymmetry in Indonesia’s banking sector. This research tested the effect of fair value implementation on financial asset based on Statement of Financial Accounting Standard (PSAK) No. 55 and the fair value reliability measurement based on PSAK No. 60 against level of information asymmetry. The scope of research is Indonesia’s banking sector. The test’s result shows that the use of fair value based on PSAK No. 55 is significantly associated with information asymmetry. This positive relation is higher than the amortized cost implementation on financial asset. In addition, the fair value hierarchy based on PSAK No. 60 is significantly associated with information asymmetry. This research proves that the more reliable measurement of fair value on financial asset, the more observable fair value measurement and reduces level of information asymmetry. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=fair%20value" title="fair value">fair value</a>, <a href="https://publications.waset.org/abstracts/search?q=PSAK%20No.%2055" title=" PSAK No. 55"> PSAK No. 55</a>, <a href="https://publications.waset.org/abstracts/search?q=PSAK%20No.%2060" title=" PSAK No. 60"> PSAK No. 60</a>, <a href="https://publications.waset.org/abstracts/search?q=information%20asymmetry" title=" information asymmetry"> information asymmetry</a>, <a href="https://publications.waset.org/abstracts/search?q=bank" title=" bank"> bank</a> </p> <a href="https://publications.waset.org/abstracts/42528/fair-value-implementation-of-financial-asset-evidence-in-indonesias-banking-sector" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/42528.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">354</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">1067</span> The Lexicographic Serial Rule</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Thi%20Thao%20Nguyen">Thi Thao Nguyen</a>, <a href="https://publications.waset.org/abstracts/search?q=Andrew%20McLennan"> Andrew McLennan</a>, <a href="https://publications.waset.org/abstracts/search?q=Shino%20Takayama"> Shino Takayama</a> </p> <p class="card-text"><strong>Abstract:</strong></p> We study the probabilistic allocation of finitely many indivisible objects to finitely many agents. Well known allocation rules for this problem include random priority, the market mechanism proposed by Hylland and Zeckhauser [1979], and the probabilistic serial rule of Bogomolnaia and Moulin [2001]. We propose a new allocation rule, which we call the lexico-graphic (serial) rule, that is tailored for situations in which each agent's primary concern is to maximize the probability of receiving her favourite object. Three axioms, lex efficiency, lex envy freeness and fairness, are proposed and fully characterize the lexicographic serial rule. We also discuss how our axioms and the lexicographic rule are related to other allocation rules, particularly the probabilistic serial rule. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=Efficiency" title="Efficiency">Efficiency</a>, <a href="https://publications.waset.org/abstracts/search?q=Envy%20free" title=" Envy free"> Envy free</a>, <a href="https://publications.waset.org/abstracts/search?q=Lexicographic" title=" Lexicographic"> Lexicographic</a>, <a href="https://publications.waset.org/abstracts/search?q=Probabilistic%20Serial%20Rule" title=" Probabilistic Serial Rule"> Probabilistic Serial Rule</a> </p> <a href="https://publications.waset.org/abstracts/124573/the-lexicographic-serial-rule" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/124573.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">1066</span> Asset Pricing Model: A Quality Paradigm</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Urmi%20Khatri">Urmi Khatri</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Capital asset pricing model (CAPM) draws a direct relationship between the risk and the expected rate of return. There was a criticism on the beta and the assumptions of CAPM, as they are not applicable in the real world. Fama French Three Factor Model and Fama French Five Factor Model have given different factors, which have an impact on the return of any asset like size, value, investment and profitability. This study proposes to see Capital Asset pricing Model through the lenses of the quality aspect. In the study, the six factors are studied. The Fama French Five Factor Model and addition of the quality dimension are studied. Here, Graham’s seven quality and quantity criteria are measured to determine the score of the sample firms. Thus, this study tries to check the model fit. The beta coefficient of the quality dimension and the R square value is seen to determine validity of the proposed model. The sample is drawn from the firms listed on Indian Stock Exchange (BSE). For the study, only nonfinancial firms are been selected. The time period of the study is from January 1999 to December 2019. Hence, the primary objective of the study is to check how robust the model becomes after giving the quality dimension to the capital asset pricing model in addition to the size, value, profitability and investment. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=asset%20pricing%20model" title="asset pricing model">asset pricing model</a>, <a href="https://publications.waset.org/abstracts/search?q=CAPM" title=" CAPM"> CAPM</a>, <a href="https://publications.waset.org/abstracts/search?q=Graham%E2%80%99s%20score" title=" Graham’s score"> Graham’s score</a>, <a href="https://publications.waset.org/abstracts/search?q=G-score" title=" G-score"> G-score</a>, <a href="https://publications.waset.org/abstracts/search?q=multifactor%20model" title=" multifactor model"> multifactor model</a>, <a href="https://publications.waset.org/abstracts/search?q=quality" title=" quality"> quality</a> </p> <a href="https://publications.waset.org/abstracts/125556/asset-pricing-model-a-quality-paradigm" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/125556.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">158</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">1065</span> A Succinct Method for Allocation of Reactive Power Loss in Deregulated Scenario</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=J.%20S.%20Savier">J. S. Savier</a> </p> <p class="card-text"><strong>Abstract:</strong></p> Real power is the component power which is converted into useful energy whereas reactive power is the component of power which cannot be converted to useful energy but it is required for the magnetization of various electrical machineries. If the reactive power is compensated at the consumer end, the need for reactive power flow from generators to the load can be avoided and hence the overall power loss can be reduced. In this scenario, this paper presents a succinct method called JSS method for allocation of reactive power losses to consumers connected to radial distribution networks in a deregulated environment. The proposed method has the advantage that no assumptions are made while deriving the reactive power loss allocation method. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=deregulation" title="deregulation">deregulation</a>, <a href="https://publications.waset.org/abstracts/search?q=reactive%20power%20loss%20allocation" title=" reactive power loss allocation"> reactive power loss allocation</a>, <a href="https://publications.waset.org/abstracts/search?q=radial%20distribution%20systems" title=" radial distribution systems"> radial distribution systems</a>, <a href="https://publications.waset.org/abstracts/search?q=succinct%20method" title=" succinct method"> succinct method</a> </p> <a href="https://publications.waset.org/abstracts/47667/a-succinct-method-for-allocation-of-reactive-power-loss-in-deregulated-scenario" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/47667.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">376</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">1064</span> Optimisation of B2C Supply Chain Resource Allocation</h5> <div class="card-body"> <p class="card-text"><strong>Authors:</strong> <a href="https://publications.waset.org/abstracts/search?q=Firdaous%20Zair">Firdaous Zair</a>, <a href="https://publications.waset.org/abstracts/search?q=Zoubir%20Elfelsoufi"> Zoubir Elfelsoufi</a>, <a href="https://publications.waset.org/abstracts/search?q=Mohammed%20Fourka"> Mohammed Fourka</a> </p> <p class="card-text"><strong>Abstract:</strong></p> The allocation of resources is an issue that is needed on the tactical and operational strategic plan. This work considers the allocation of resources in the case of pure players, manufacturers and Click & Mortars that have launched online sales. The aim is to improve the level of customer satisfaction and maintaining the benefits of e-retailer and of its cooperators and reducing costs and risks. Our contribution is a decision support system and tool for improving the allocation of resources in logistics chains e-commerce B2C context. We first modeled the B2C chain with all operations that integrates and possible scenarios since online retailers offer a wide selection of personalized service. The personalized services that online shopping companies offer to the clients can be embodied in many aspects, such as the customizations of payment, the distribution methods, and after-sales service choices. In addition, every aspect of customized service has several modes. At that time, we analyzed the optimization problems of supply chain resource allocation in customized online shopping service mode, which is different from the supply chain resource allocation under traditional manufacturing or service circumstances. Then we realized an optimization model and algorithm for the development based on the analysis of the allocation of the B2C supply chain resources. It is a multi-objective optimization that considers the collaboration of resources in operations, time and costs but also the risks and the quality of services as well as dynamic and uncertain characters related to the request. <p class="card-text"><strong>Keywords:</strong> <a href="https://publications.waset.org/abstracts/search?q=e-commerce" title="e-commerce">e-commerce</a>, <a href="https://publications.waset.org/abstracts/search?q=supply%20chain" title=" supply chain"> supply chain</a>, <a href="https://publications.waset.org/abstracts/search?q=B2C" title=" B2C"> B2C</a>, <a href="https://publications.waset.org/abstracts/search?q=optimisation" title=" optimisation"> optimisation</a>, <a href="https://publications.waset.org/abstracts/search?q=resource%20allocation" title=" resource allocation"> resource allocation</a> </p> <a href="https://publications.waset.org/abstracts/42106/optimisation-of-b2c-supply-chain-resource-allocation" class="btn btn-primary btn-sm">Procedia</a> <a href="https://publications.waset.org/abstracts/42106.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">272</span> </span> </div> </div> <ul class="pagination"> <li class="page-item disabled"><span class="page-link">‹</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=asset%20allocation&page=2">2</a></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=asset%20allocation&page=3">3</a></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=asset%20allocation&page=4">4</a></li> <li class="page-item"><a class="page-link" href="https://publications.waset.org/abstracts/search?q=asset%20allocation&page=5">5</a></li> <li class="page-item"><a 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