A Portrait of State-of-the-Art Research at the Technical by Paulo P. Freitas, Hugo A. Ferreira, Filipe Cardoso, Susana

By Paulo P. Freitas, Hugo A. Ferreira, Filipe Cardoso, Susana Cardoso, Ricardo Ferreira (auth.), Manuel Seabra Pereira (eds.)

The Technical collage of Lisbon (UTL) is celebrating this 12 months its seventy fifth anniversary. Being a jubilee get together, an entire application of occasions happened, together with a two-day Symposium at the learn at UTL. This Symposium addressed the state-of-art in significant components of excellence at UTL. technological know-how, know-how and innovation and how universities and society mostly, create, use and disseminate wisdom have received a transforming into signi?cance over the past a long time. UTL without doubt embeds a appropriate strength of excellence in numerous parts of analysis in simple and technologies, which bears its improvement at the foundation of a “research collage” version. This booklet comprises the edited model of the invited lectures that have been added via widespread researchers at UTL. This publication brings jointly in a evaluate demeanour a entire precis of top quality learn contri- tions throughout easy and technologies. The contributing papers are geared up round the following significant components: – Emergent parts (Nanosciences, Quantic Computations and Infor- tion, threat and Volatility in monetary Markets); – uncomplicated Sciences (Mathematics, Physics, Chemistry and Materials); – Social Sciences, Economics and administration Sciences; – existence Sciences and Biotechnology; – Engineering and applied sciences – Nature, setting and Sustainability; – Public wellbeing and fitness, meals caliber and defense; – wellbeing and fitness and activity Sciences; – Urbanism, Transports, structure, Arts and layout. The transdisciplinary nature of so much parts goals to emphasize a compelling feel of goal within the paintings developed.

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One simple approach consists of considering Davies's bound when q parameters are identified only under alternative hypothesis (see Nicolau, [26]). An empirical illustration is provided in Nicolau [26]. Also, when the length of the discrete-time intervals between observations goes to zero, it is shown that, in 30 J. Nicolau some conditions, the discrete-time process converges in distribution to the solution of the diffusion process dX t c  I X dt  t dP t Z  J X t  P t 2 dW1,t , Z ! 0 ,J ! 0 T X t  P t dt  V dW2 ,t , T t 0 ,V !

1999) Parameter Estimation for a Discretely Observed Integrated Diffusion Process. Preprint, Univ. of Marne-la-Vallée, 13/99. Gloter A. (2001) Parameter Estimation for a Discrete Sampling of an Integrated Ornstein-Uhlenbeck Process. Statistics 35, 225-243. Hommes, C. “Heterogeneous agent models in economics and finance”, in Kenneth L. : Handbook of Computational Economics (NorthHolland) Vol. 2: Agent-Based Computational Economics, 2005. Krugman, P. & Miller, M. (1992) Exchange Rate Targets and Currency Bands.

These models have proven to be extremely useful in modelling financial time series. ). The ARCH(1) is the simplest example of an ARCH process. One assumes that the distribution of the return for period t , given past information, is rt Ft 1 ~ D P t ,V t2 (1) where D is the conditional distribution, P t is the conditional mean and V t2 Z  D rt 1  P t 1 2 , ( Z ! 0 ,D t 0 ) (2) 26 J. Nicolau is the conditional variance. A large error in period t  1 (that is a high value 2 for rt 1  P t 1 ) implies a high value for the conditional variance in the next period.

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