id
stringlengths
40
40
title
stringlengths
15
120
text
stringlengths
41
3.14k
source
stringclasses
2 values
29872a34d603c2be2212d84ff44b378cbfb42cc4
the municipality consists of the districts of llano
the municipality consists of the districts of llano negro, cueva de agua, don pedro, franceses, santo domingo, hoya grande, juan adalid-el mudo, catela, el palmar, roque del faro, el tablado, las tricias, el castillo and la mata.
wikipedia
326e373475d5a2e9bf1e15040d53b82b0fee5f0b
the municipality of garafía is in itself a
the municipality of garafía is in itself a monument to mother nature. it should be borne in mind that in its 103 km²,all three together natural monument coast hiscaguán, the special guelguén natural reserve and the integral natural reserve of pinar de garafía, are in total almost one third of the entire surface of the ...
wikipedia
9d507e9d80fc30e21c3b4288c1b041f7f47a9010
this town, which had in 1960 almost 5,000
this town, which had in 1960 almost 5,000 inhabitants, has strongly suffered the phenomenon of emigration, since today is only 1,700 inhabitants, according to the ine (national institute of statistics, january 2012). located on the steepest part of the island of la palma, the development of communications came very lat...
wikipedia
6424981d3edd48f7b7e811a4044468cb8d92d31e
in its municipal term is the roque de
in its municipal term is the roque de los muchachos, the highest point of the island with 2,426 meters over the sea level, where is located the headquarters of the telescopies the canary island astrophysics institute (iac) on the island of la palma, which together with this institute has facilities in tenerife (izaña) ...
wikipedia
ade7726ca1143a655decaa75242d69261d04c28e
the climate in the coastal zone is smooth,
the climate in the coastal zone is smooth, with many windy days motivated by the impact of the trade winds in the area, most of the time being its very choppy sea. in the area of middle altitude called medianías, part of the territory in between 400 and 1200 meters over the sea level, very extensive, the temperature is...
wikipedia
161aa7ec33a61ae2b17e83b61010a21c6f64f7fc
it covers an area of 103 square kilometers
it covers an area of 103 square kilometers being the largest municipality of the island of la palma with an estimated population of 1,654 inhabitants (national institute of statistics, january 2012) population. its administrative capital, santo domingo, where resides the city, is located at an altitude of 400 meters.
wikipedia
83b6a386a30d61b30f4b0f21710ff101b26d4c60
garafía is a municipality in the island of
garafía is a municipality in the island of la palma, santa cruz de tenerife (canary islands). located in the northwest of the island, in the middle of two whims of nature: the ravines of franceses (by the north) bordering barlovento and izcagua by the south (born at the foot of the roque de los muchachos), bordering pu...
wikipedia
df5670f6aad5f03dd0aa82cfd2b3a8eb70133931
after returning to the dartmouth mathematics department in
after returning to the dartmouth mathematics department in 1975, kreider served another term as its chairman and became increasing active in the mathematical association of america. he served as its treasurer from 1986 to 1992 when, according to his successor gerald j. porter, "the maa made remarkable strides toward pu...
wikipedia
7fcfc71e3d40b029f2ac960453793f4a3877eeab
at dartmouth, kreider had a particularly close relationship
at dartmouth, kreider had a particularly close relationship with john kemeny. in 1967, he succeeded kemeny as chairman of the department of mathematics, which kemeny had chaired since 1954. from 1972 to 1975, he was vice president and dean for student affairs. john kemeny, who had become president of dartmouth in 1970,...
wikipedia
71386ccc4d6b9a3b132708da10f5c9d1750ca49c
also in the 1960s, kreider chaired the school
also in the 1960s, kreider chaired the school board in norwich, vermont and was instrumental in forming the dresden school district, the first inter-state school district in the united states, between norwich and hanover, new hampshire. he spent three summers with the entebbe project in africa, where he worked with loc...
wikipedia
30f768d63b28a489b6df7a2d7bc5b1bf9914b6e0
kreider had a long-standing interest in the use
kreider had a long-standing interest in the use of computation in teaching calculus. working with john kemeny and thomas e. kurtz, he developed programs that providedautomatic feedback to students about four programs in dartmouth basic that they were assigned to write in freshman mathematics courses taken by 80% of all...
wikipedia
adedbf84cba045882efd39479b54d58b3f1354a3
starting in 1960, kreider became active in the
starting in 1960, kreider became active in the committee on the undergraduate program in mathematics (cupm) at the mathematical association of america (maa), where he later led the subpanel on calculus and received one of the first grants in the calculus initiative launched by the national science foundation in 1989.
wikipedia
dd9a606197abe892aad80f594d6154d9b6c8769a
initially, kreider continued research and writing in recursive
initially, kreider continued research and writing in recursive function theory, working with robert w. ritchie. but he increasingly turned his attention to mathematical pedagogy, writing textbooks in recursive function theory, differential equations, and linear analysis with colleagues in the department of mathematics.
wikipedia
83a152cf68b028c311921aaeabf008a3de9638c3
kreider spent a postdoctoral year at mit before
kreider spent a postdoctoral year at mit before joining the department of mathematics at dartmouth college in 1960. at both mit and dartmouth, kreider was known for excellent teaching. his advisor hartley rogers at mit commented that "he had a graduate student was an extraordinary teacher won the goodwin medal for teac...
wikipedia
5a84c40d2d27a9f644b29fb2df3cc1a038791af4
kreider was born on december 5, 1931, in
kreider was born on december 5, 1931, in lancaster, pennsylvania. he attended high school in lititz, pennsylvania, and college at lebanon valley college, where he received a bachelor's degree in 1953. in 1959, he received a phd in mathematics from the massachusetts institute of technology for a thesis in recursive func...
wikipedia
620e365ccf12dec9054b56295b8589bc7bc9683f
eduard prugovečki was a canadian physicist and mathematician
eduard prugovečki was a canadian physicist and mathematician of croatian-romanian descent. prugovečki was born in craiova, romania to a romanian mother, helena, and croatian father, slavoljub. he completed the first four years of secondary education in bucharest, before his family was forced to relocate to zagreb in 19...
wikipedia
fcb8f267c1795b77581dadc070ec3823fb1b2fe8
he taught mathematical physics at the university of
he taught mathematical physics at the university of toronto from 1967 to 1997. in 1974, he spent one year as a visiting professor at the centre national de la recherche scientifique in marseille, france. around 1986 he resigned from his membership in the international association of mathematical physics.
wikipedia
b99bce395d1d05d22ca236cb19043000d11ae874
in 1961, as the best student of his
in 1961, as the best student of his generation in zagreb, prugovečki was sent to princeton university, new jersey, united states. he wrote his doctoral thesis under the direction of theoretical physicist arthur wightman, and earned his phd from princeton in 1964. in 1965, he moved to canada, where he first spent two ye...
wikipedia
d73cba74e63306feba8f5b4328069b08b84e1083
prugovečki was born in craiova, romania to a
prugovečki was born in craiova, romania to a romanian mother, helena (née piatkowski), and croatian father, slavoljub. he completed the first four years of secondary education in bucharest, before his family was forced to relocate to zagreb in 1951, due to an anti- yugoslav campaign by the communist authorities. he fin...
wikipedia
c78dfe9407666ec74f47f28cecbf7bf452593981
emma elisabeth nordin is a swedish ice hockey
emma elisabeth nordin is a swedish ice hockey forward and member of the swedish national ice hockey team, currently playing in the swedish women's hockey league (sdhl) with luleå hf/mssk. often cited as one of the best active swedish players in women's ice hockey, she has twice been named swedish player of the year, is...
wikipedia
aa5a92afdeb5b28e5004c51e950a88a8d453009e
nordin made two appearances for the sweden women's
nordin made two appearances for the sweden women's national under-18 ice hockey team at the iihf world women's u18 championships in 2008 and 2009, including winning a bronze medal in the 2009 event.
wikipedia
b515decbab42bf3dba99650c299ea23c7cb60dc5
nordin was selected for the sweden women's national
nordin was selected for the sweden women's national ice hockey team in the 2010 winter olympics. she played in all five games, recording one assist. she scored 3 points in 6 games at the 2014 winter olympics and 4 points in 6 games at the 2018 winter olympics.
wikipedia
b91c5ac5c1cb432a87d75a49e3e24bb74b236c5f
she missed 13 games in the 2019–20 season
she missed 13 games in the 2019–20 season due to persistent back injuries but still added 35 points as luleå made it to the playoff finals before the season was cancelled due to the covid-19 pandemic in sweden. despite hv71 winning the first game of the finals series, she agreed with the sdhl's decision not to award th...
wikipedia
c1a9e19a6b0ee0ceea9c2f2b44da1bebed6cc9ed
in 2018–19, she equalled her career-best 31 goals,
in 2018–19, she equalled her career-best 31 goals, scoring a total of 59 points, leading the league in goals and third in the league and top among all swedish players in points. she was named the sdhl's best forward and swedish player of the year as luleå won the title, her fourth championship win.
wikipedia
918d34eaa930f39eed99f0952615fee38005f4b8
in 2015, she left modo to joined luleå
in 2015, she left modo to joined luleå hf/mssk. in her first season with luleå, she scored a career-best 31 goals and 62 points in 31 games. third in league scoring that year, she was named riksserien forward of the year, as luleå won the riksserien championship. after suffering a torn ligament while on international d...
wikipedia
159d191b6e4c9543ca3a8d296173e7a4703403e2
born in Örnsköldsvik, she began playing for her
born in Örnsköldsvik, she began playing for her hometown's club modo hockey in 2004, at the age of 13. ahead of the 2011–12 season, she was named assistant captain for modo. she would win her first riksserien championship that season.
wikipedia
4ba97c9ad2917a37fea2317255f512cfe627e9ac
emma elisabeth nordin (born 22 march 1991) is
emma elisabeth nordin (born 22 march 1991) is a swedish ice hockey forward and member of the swedish national ice hockey team, currently playing in the swedish women's hockey league (sdhl) with luleå hf/mssk. often cited as one of the best active swedish players in women's ice hockey, she has twice been named swedish p...
wikipedia
5cd70009d46802018eebe859fc53d23797ca789e
ziegler was author of the highly regarded lehrbuch
ziegler was author of the highly regarded lehrbuch der allgemeinen und speciellen pathologischen anatomie und pathogenese (1882), a work subsequently translated into english and published as a text-book of pathological anatomy and pathogenesis (vol. 1, 1883; vol. 2, 1884). his other principal written efforts include:
wikipedia
40e1c44fe47642083f09306e4b33ce35d72dd252
he studied medicine at the universities of bern
he studied medicine at the universities of bern and würzburg, obtaining his doctorate at bern in 1872. afterwards, he served as an assistant to edwin klebs in würzburg, and in 1878 he became an associate professor at the university of freiburg. in 1881 he was appointed professor of pathology and director of the patholo...
wikipedia
9a316f612eb85b2bc60d2180b6d716c30474ba26
eda station is served by the tōkyū den-en-toshi
eda station is served by the tōkyū den-en-toshi line from shibuya in tokyo to chūō-rinkan in kanagawa prefecture. it is 19.3 kilometers from the terminus of the line at shibuya.
wikipedia
ebc224f861b3b2da8ee2c700aa1fde73615c3e20
eda station (江田駅, eda-eki) is a passenger railway
eda station (江田駅, eda-eki) is a passenger railway station located in aoba-ku, yokohama, kanagawa prefecture, japan, operated by the private railway company tokyu corporation.
wikipedia
64c2ea2151d5ca7e5a6c1f968d1682df7b332aca
chaperones, also called molecular chaperones, are proteins that
chaperones, also called molecular chaperones, are proteins that assist other proteins in assuming their three-dimensional fold, which is necessary for protein function. however, the fold of a protein is sensitive to environmental conditions, such as temperature and ph, and thus chaperones are needed to keep proteins in...
wikipedia
c8a49adc2020b49d961310905c9e297a58ae72a9
phylogenetic analysis using two families of hsps (hsp10
phylogenetic analysis using two families of hsps (hsp10 and hsp60, also called chaperonins) support the current endosymbiosis model of the origin of mitochondria and chloroplasts. hsp10 and hsp60 are present in all eubacteria and organelles of eukaryotes (mitochondria and chloroplasts), but not in eukaryotic cell cytos...
wikipedia
e18ba4996c3747d448ab24d31f0af2397a67385c
one observation in line with this hypothesis is
one observation in line with this hypothesis is chaperone buffering, where the activity of a chaperone masks or “buffers” deleterious or destabilizing mutations in a client protein. in drosophila melanogaster, reduced activity of hsp90 resulted in deficient phenotypes caused by mutations in developmental pathways. hsp7...
wikipedia
8538d3f2421d9f457bdc6775ad30477b3f15d4e2
chaperones have also been implicated in the understanding
chaperones have also been implicated in the understanding the relationship between genotype and phenotype. protein folding in itself transitions from genotype to phenotype: primary structure/amino acid sequence reflects genotype while the final, functional fold, either tertiary or quaternary structure, represents pheno...
wikipedia
a4f2dbb56c521d7ef995ce9fe1b653fdf62eab63
elevated expression of heat shock proteins is not
elevated expression of heat shock proteins is not correlated with chronic environmental stress and is thought to be due to the costs of hsp expression. high levels of hsp70 are known to accompany deficits in cell division, reproduction, and reproductive success. intracellularly, hsp expression shuts down normal cell fu...
wikipedia
196e632ba8bc47ee5fe100dce2e6d6dc9ccd4438
proteins are highly susceptible to denaturation due to
proteins are highly susceptible to denaturation due to environmental conditions and organisms that live in hazardous conditions should have a basal level of hsp expression. however, other adaptations, such as colonizing less hazardous microhabitats or other behavioral adaptations, could also contribute to acclimation i...
wikipedia
bf0f20b77303629ea7d5e11de48316dc616ee972
heat shock proteins (hsps) are a diverse class
heat shock proteins (hsps) are a diverse class of molecular chaperones that assist in folding under stress. while originally identified in heat stress response (hence the name “heat shock”), inducible hsp expression is a consequence of all known stressors (ph, osmotic, temperature, energy depletion, ion concentration, ...
wikipedia
20b6d76a3d4a5276d049f0b4cfc9ffabc1016c26
small proteins fold spontaneously, but the development of
small proteins fold spontaneously, but the development of increasingly larger proteins, which have more complex folding patterns and intramolecular interactions, would have required chaperones to prevent protein aggregation due to misfolding. folding of early proteins would have been error-prone in ancient cell cytosol...
wikipedia
b55b736ff5494d30423cd89739a01630e0f22ae2
the evolutionary development of chaperones is highly linked
the evolutionary development of chaperones is highly linked to the evolution of proteins in general, as their primary function is dependent on the presence of proteins. proteins were selected as the main biological catalysts over ribozymes, rna molecules capable of catalyzing biological reactions, early in cellular evo...
wikipedia
64c2ea2151d5ca7e5a6c1f968d1682df7b332aca
chaperones, also called molecular chaperones, are proteins that
chaperones, also called molecular chaperones, are proteins that assist other proteins in assuming their three-dimensional fold, which is necessary for protein function. however, the fold of a protein is sensitive to environmental conditions, such as temperature and ph, and thus chaperones are needed to keep proteins in...
wikipedia
cb3e75e07be04fa4f3d6f3018f9685ea0a52a64a
expected shortfall (es) is a risk measure—a concept
expected shortfall (es) is a risk measure—a concept used in the field of financial risk measurement to evaluate the market risk or credit risk of a portfolio. the "expected shortfall at q% level" is the expected return on the portfolio in the worst q % of cases. es is an alternative to value at risk that is more sensit...
wikipedia
67d1651538e8cfb4c8a4fd831da8364b203a57a8
where q α t = { q =
where q α t = { q = p | f t: d q d p ≤ α t − 1 a.s. } {\displaystyle {\mathcal {q}}_{\alpha }^{t}=\left\{q=p\,\vert _{{\mathcal {f}}_{t}}:{\frac {dq}{dp}}\leq \alpha _{t}^{-1}{\text{ a.s.}}\right\}}.
wikipedia
fb65b38d1262e6e51f530fa54544809c374a63a9
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows log-ghs distribution, i.e. the random variable ln (1 + x) {\displaystyle \ln(1+x)} follows the ghs distribution with p.d.f. f (x) = 1 2 σ sech (π 2 x − μ σ) {\displaystyle f(x)={\frac {1}{2\sigma }}\operatorname {sech} \left({\frac {\pi }{2}}{\frac {x-\mu }{\sigm...
wikipedia
c89f0a8d79503faa57bef0cd335e1b065e6323e8
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows log-laplace distribution, i.e. the random variable ln (1 + x) {\displaystyle \ln(1+x)} follows the laplace distribution the p.d.f. f (x) = 1 2 b e − | x − μ | b {\displaystyle f(x)={\frac {1}{2b}}e^{-{\frac {|x-\mu |}{b}}}}, then the expected shortfall is equal t...
wikipedia
de52f3cf9001c4f4c386116aa4a70ae5c70a4367
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows log-logistic distribution with p.d.f. f (x) = b a (x / a) b − 1 (1 + (x / a) b) 2 {\displaystyle f(x)={\frac {{\frac {b}{a}}(x/a)^{b-1}}{(1+(x/a)^{b})^{2}}}} and c.d.f. f (x) = 1 1 + (x / a) − b {\displaystyle f(x)={\frac {1}{1+(x/a)^{-b}}}}, then the expected shor...
wikipedia
60d8642ac9dfc874c39208b6a4d31b210bd51f89
as the incomplete beta function is defined only
as the incomplete beta function is defined only for positive arguments, for a more generic case the expected shortfall can be expressed with the hypergeometric function: es α (x) = 1 − e μ α s s + 1 2 f 1 (s, s + 1; s + 2; α) {\displaystyle \operatorname {es} _{\alpha }(x)=1-{\frac {e^{\mu }\alpha ^{s}}{s+1}}{_{2}f_{1}...
wikipedia
b4c207d086ed998e041cfc9eaec116e5b74e21b8
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows log-logistic distribution, i.e. the random variable ln (1 + x) {\displaystyle \ln(1+x)} follows the logistic distribution with p.d.f. f (x) = 1 s e − x − μ s (1 + e − x − μ s) − 2 {\displaystyle f(x)={\frac {1}{s}}e^{-{\frac {x-\mu }{s}}}\left(1+e^{-{\frac {x-\mu...
wikipedia
01f87ec7cb61673f0167ec1a2cd5df1fbef8076d
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows lognormal distribution, i.e. the random variable ln (1 + x) {\displaystyle \ln(1+x)} follows the normal distribution with p.d.f. f (x) = 1 2 π σ e − (x − μ) 2 2 σ 2 {\displaystyle f(x)={\frac {1}{{\sqrt {2\pi }}\sigma }}e^{-{\frac {(x-\mu)^{2}}{2\sigma ^{2}}}}}, ...
wikipedia
e4c800126801781b0cf044afc79594dc0c1eb9cd
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the dagum distribution with p.d.f. f (x) = c k β (x − γ β) c k − 1 − k − 1 {\displaystyle f(x)={\frac {ck}{\beta }}\left({\frac {x-\gamma }{\beta }}\right)^{ck-1}\left^{-k-1}} and the c.d.f. f (x) = − k {\displaystyle f(x)=\left^{-k}}, the expected shortfall is e...
wikipedia
a36e379023a874408b509982d4e41dca774b0dc6
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the burr type xii distribution the p.d.f. f (x) = c k β (x − γ β) c − 1 − k − 1 {\displaystyle f(x)={\frac {ck}{\beta }}\left({\frac {x-\gamma }{\beta }}\right)^{c-1}\left^{-k-1}} and the c.d.f. f (x) = 1 − − k {\displaystyle f(x)=1-\left^{-k}}, the expected shor...
wikipedia
fbc5d96da19eed1589da070aecafb509c53fb124
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows johnson's su-distribution with the c.d.f. f (x) = Φ {\displaystyle f(x)=\phi \left} then the expected shortfall is equal to es α (x) = − ξ − λ 2 α {\displaystyle \operatorname {es} _{\alpha }(x)=-\xi -{\frac {\lambda }{2\alpha }}\left}, where Φ {\displaystyle \ph...
wikipedia
da7fccc968d8e8056093500e3f6cb7acf5dd06e9
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the ghs distribution with p.d.f. f (x) = 1 2 σ sech (π 2 x − μ σ) {\displaystyle f(x)={\frac {1}{2\sigma }}\operatorname {sech} \left({\frac {\pi }{2}}{\frac {x-\mu }{\sigma }}\right)} and the c.d.f. f (x) = 2 π arctan {\displaystyle f(x)={\frac {2}{\pi }}\arctan...
wikipedia
192c1937282d9af25482b1d4ffb38115ca805f52
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the gev, then the expected shortfall is equal to es α (x) = { μ + σ (1 − α) ξ if ξ ≠ 0, μ + σ 1 − α if ξ = 0. {\displaystyle \operatorname {es} _{\alpha }(x)={\begin{cases}\mu +{\frac {\sigma }{(1-\alpha)\xi }}{\bigl }&{\text{if }}\xi \neq 0,\\\mu +{\frac {\sigma }...
wikipedia
a8b44108c3ecb1778fe2385c68dc02883dbac609
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the gev with p.d.f. f (x) = { 1 σ (1 + ξ x − μ σ) − 1 ξ − 1 exp if ξ ≠ 0, 1 σ e − x − μ σ e − e − x − μ σ if ξ = 0. {\displaystyle f(x)={\begin{cases}{\frac {1}{\sigma }}\left(1+\xi {\frac {x-\mu }{\sigma }}\right)^{-{\frac {1}{\xi }}-1}\exp \left&{\text{if }}\xi...
wikipedia
75a69e29f3e22e5cfc5d0bb45677f975ae0045ef
if the payoff of a portfolio x {\displaystyle
{\displaystyle \operatorname {es} _{\alpha }(x)={\begin{cases}-\mu -{\frac {\sigma }{\alpha \xi }}{\big }&{\text{if }}\xi \neq 0,\\-\mu -{\frac {\sigma }{\alpha }}{\big }&{\text{if }}\xi =0.\end{cases}}} and the var is equal to var α (x) = { − μ − σ ξ if ξ ≠ 0, − μ + σ ln (− ln α) if ξ = 0. {\displaystyle \operatornam...
wikipedia
c030d519839f0ca7872cc3e427d2fa98437fce70
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the weibull distribution with p.d.f. f (x) = { k λ (x λ) k − 1 e − (x / λ) k if x ≥ 0, 0 if x < 0. {\displaystyle f(x)={\begin{cases}{\frac {k}{\lambda }}\left({\frac {x}{\lambda }}\right)^{k-1}e^{-(x/\lambda)^{k}}&{\text{if }}x\geq 0,\\0&{\text{if }}x<0.\end{cases...
wikipedia
4f56f82fc9666baf2dcd04cbfde5e1b7a881bcf5
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the pareto distribution with p.d.f. f (x) = { a x m a x a + 1 if x ≥ x m, 0 if x < x m. {\displaystyle f(x)={\begin{cases}{\frac {ax_{m}^{a}}{x^{a+1}}}&{\text{if }}x\geq x_{m},\\0&{\text{if }}x<x_{m}.\end{cases}}} and the c.d.f. f (x) = { 1 − (x m / x) a if x ≥ x m...
wikipedia
faec57060ce61198f4d93a709f895841ff5e4ff7
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the exponential distribution with p.d.f. f (x) = { λ e − λ x if x ≥ 0, 0 if x < 0. {\displaystyle f(x)={\begin{cases}\lambda e^{-\lambda x}&{\text{if }}x\geq 0,\\0&{\text{if }}x<0.\end{cases}}} and the c.d.f. f (x) = { 1 − e − λ x if x ≥ 0, 0 if x < 0. {\displaysty...
wikipedia
1156a67ecf7d0cb26c53bd0dd273150191042e0d
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the logistic distribution, the expected shortfall is equal to es α (l) = μ + s − α ln α − (1 − α) ln (1 − α) 1 − α {\displaystyle \operatorname {es} _{\alpha }(l)=\mu +s{\frac {-\alpha \ln \alpha -(1-\alpha)\ln(1-\alpha)}{1-\alpha }}}.
wikipedia
7451dede2fbe81323b84b3bdaa8b6dae0adab715
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the logistic distribution with p.d.f. f (x) = 1 s e − x − μ s (1 + e − x − μ s) − 2 {\displaystyle f(x)={\frac {1}{s}}e^{-{\frac {x-\mu }{s}}}\left(1+e^{-{\frac {x-\mu }{s}}}\right)^{-2}} and the c.d.f. f (x) = (1 + e − x − μ s) − 1 {\displaystyle f(x)=\left(1+e^...
wikipedia
ecdee7ff2a12a0dad25a5f816b60b1ceaf796889
then the expected shortfall is equal to es
then the expected shortfall is equal to es α (x) = − μ + b (1 − ln 2 α) {\displaystyle \operatorname {es} _{\alpha }(x)=-\mu +b(1-\ln 2\alpha)} for α ≤ 0.5 {\displaystyle \alpha \leq 0.5}.
wikipedia
fbb7d41e5d4154db53937364fc329e820f8fdb5e
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows generalized student's t-distribution, the expected shortfall is equal to es α (l) = μ + σ ν + (t − 1 (α)) 2 ν − 1 τ (t − 1 (α)) 1 − α {\displaystyle \operatorname {es} _{\alpha }(l)=\mu +\sigma {\frac {\nu +(\mathrm {t} ^{-1}(\alpha))^{2}}{\nu -1}}{\frac {\tau (\ma...
wikipedia
b9aaac0211de9e7ffc6ac3da6c33c94e7b6000d3
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the generalized student's t-distribution with p.d.f. f (x) = Γ (ν + 1 2) Γ (ν 2) π ν σ (1 + 1 ν (x − μ σ) 2) − ν + 1 2 {\displaystyle f(x)={\frac {\gamma \left({\frac {\nu +1}{2}}\right)}{\gamma \left({\frac {\nu }{2}}\right){\sqrt {\pi \nu }}\sigma }}\left(1+{\f...
wikipedia
dc45f38a8f29dcdbde8a8fa06b6d4daa22e92d39
if the payoff of a portfolio x {\displaystyle
^{2}}{\nu }}{\bigr)}^{-{\frac {\nu +1}{2}}}} is the standard t-distribution p.d.f., t (x) {\displaystyle \mathrm {t} (x)} is the standard t-distribution c.d.f., so t − 1 (α) {\displaystyle \mathrm {t} ^{-1}(\alpha)} is the standard t-distribution quantile.
wikipedia
5617852ac6b45a028a2b3ff8408e29bbe1c23be8
if the loss of a portfolio l {\displaystyle
if the loss of a portfolio l {\displaystyle l} follows the normal distribution, the expected shortfall is equal to es α (l) = μ + σ φ (Φ − 1 (α)) 1 − α {\displaystyle \operatorname {es} _{\alpha }(l)=\mu +\sigma {\frac {\varphi (\phi ^{-1}(\alpha))}{1-\alpha }}}.
wikipedia
7db0a4e12ab4681948723ea3b485fc78e1e28f19
if the payoff of a portfolio x {\displaystyle
if the payoff of a portfolio x {\displaystyle x} follows the normal (gaussian) distribution with p.d.f. f (x) = 1 2 π σ e − (x − μ) 2 2 σ 2 {\displaystyle f(x)={\frac {1}{{\sqrt {2\pi }}\sigma }}e^{-{\frac {(x-\mu)^{2}}{2\sigma ^{2}}}}} then the expected shortfall is equal to es α (x) = − μ + σ φ (Φ − 1 (α)) α {\displa...
wikipedia
b823a2c7ba34414a349bb0f97b50d2594b3365c2
for engineering or actuarial applications it is more
for engineering or actuarial applications it is more common to consider the distribution of losses l = − x {\displaystyle l=-x}, the expected shortfall in this case corresponds to the right-tail conditional expectation above var α (l) {\displaystyle \operatorname {var} _{\alpha }(l)} and the typical values of α {\displ...
wikipedia
07f94ffc844f5c1f7f376617b704d21357b236ff
closed-form formulas exist for calculating the expected shortfall
closed-form formulas exist for calculating the expected shortfall when the payoff of a portfolio x {\displaystyle x} or a corresponding loss l = − x {\displaystyle l=-x} follows a specific continuous distribution. in the former case, the expected shortfall corresponds to the opposite number of the left-tail conditional...
wikipedia
cd3a8c42384d3c9f05ba3f9c01cf9fcdacc7956f
finally, choosing a linear loss function ℓ (w,
finally, choosing a linear loss function ℓ (w, x j) = − w t x j {\displaystyle \ell (w,x_{j})=-w^{t}x_{j}} turns the optimization problem into a linear program. using standard methods, it is then easy to find the portfolio that minimizes expected shortfall.
wikipedia
65309dc8bbb3d50513c60ebacf808cc6c445a276
where γ = var α (x) {\displaystyle \gamma
where γ = var α (x) {\displaystyle \gamma =\operatorname {var} _{\alpha }(x)} and ℓ (w, x) {\displaystyle \ell (w,x)} is a loss function for a set of portfolio weights w ∈ r p {\displaystyle w\in \mathbb {r} ^{p}} to be applied to the returns. rockafellar/uryasev proved that f α (w, γ) {\displaystyle f_{\alpha }(w,\gam...
wikipedia
087aac480d2d45f394664091db5103f99686c7a5
suppose that we want to minimize the expected
suppose that we want to minimize the expected shortfall of a portfolio. the key contribution of rockafellar and uryasev in their 2000 paper is to introduce the auxiliary function f α (w, γ) {\displaystyle f_{\alpha }(w,\gamma)} for the expected shortfall:
wikipedia
dc04678a221e72e8dc6b8fe5837b6b443b925783
expected shortfall, in its standard form, is known
expected shortfall, in its standard form, is known to lead to a generally non-convex optimization problem. however, it is possible to transform the problem into a linear program and find the global solution. this property makes expected shortfall a cornerstone of alternatives to mean-variance portfolio optimization, wh...
wikipedia
0ff1cbaeadf9af438891c37907227a02fea8e7b4
for a given portfolio, the expected shortfall es
for a given portfolio, the expected shortfall es q {\displaystyle \operatorname {es} _{q}} is greater than or equal to the value at risk var q {\displaystyle \operatorname {var} _{q}} at the same q {\displaystyle q} level.
wikipedia
354924e21af64aff08ad1c2b5b9389b55645dece
similarly for any value of q {\displaystyle q}.
similarly for any value of q {\displaystyle q}. we select as many rows starting from the top as are necessary to give a cumulative probability of q {\displaystyle q} and then calculate an expectation over those cases. in general, the last row selected may not be fully used (for example in calculating − es 0.20 {\displa...
wikipedia
49cb31f521cc30f5bbb57794ace836fa8d64fbf3
now consider the calculation of es 0.20 {\displaystyle
now consider the calculation of es 0.20 {\displaystyle \operatorname {es} _{0.20}}, the expectation in the worst 20 out of 100 cases. these cases are as follows: 10 cases from row one, and 10 cases from row two (note that 10+10 equals the desired 20 cases). for row 1 there is a profit of −100, while for row 2 a profit ...
wikipedia
c47882c47e6d89e1e5896930d1c79629c16d4b1b
to see how these values were calculated, consider
to see how these values were calculated, consider the calculation of es 0.05 {\displaystyle \operatorname {es} _{0.05}}, the expectation in the worst 5% of cases. these cases belong to (are a subset of) row 1 in the profit table, which have a profit of −100 (total loss of the 100 invested). the expected profit for thes...
wikipedia
13b5f99340b3ae4d63a886b95a8fb5156b4df78a
example 1. if we believe our average loss
example 1. if we believe our average loss on the worst 5% of the possible outcomes for our portfolio is eur 1000, then we could say our expected shortfall is eur 1000 for the 5% tail.
wikipedia
c3dc14417d3aadec2ef593c51d199375fa35cd09
if the underlying distribution for x {\displaystyle x}
if the underlying distribution for x {\displaystyle x} is a continuous distribution then the expected shortfall is equivalent to the tail conditional expectation defined by tce α (x) = e {\displaystyle \operatorname {tce} _{\alpha }(x)=e}.
wikipedia
9df5ac314d9d7c9a78c5a5585aa3ac14229a0928
expected shortfall can be generalized to a general
expected shortfall can be generalized to a general class of coherent risk measures on l p {\displaystyle l^{p}} spaces (lp space) with a corresponding dual characterization in the corresponding l q {\displaystyle l^{q}} dual space. the domain can be extended for more general orlicz hearts.
wikipedia
246fcefd2264410d729173f2a66908672c112e9f
where q α {\displaystyle {\mathcal {q}}_{\alpha }} is
where q α {\displaystyle {\mathcal {q}}_{\alpha }} is the set of probability measures which are absolutely continuous to the physical measure p {\displaystyle p} such that d q d p ≤ α − 1 {\displaystyle {\frac {dq}{dp}}\leq \alpha ^{-1}} almost surely. note that d q d p {\displaystyle {\frac {dq}{dp}}} is the radon–nik...
wikipedia
b63b3852587132c3df535f4fc83852c9e23650d1
where x α = inf { x ∈
where x α = inf { x ∈ r: p (x ≤ x) ≥ α } = − var α (x) {\displaystyle x_{\alpha }=\inf\{x\in \mathbb {r}:p(x\leq x)\geq \alpha \}=-\operatorname {var} _{\alpha }(x)} is the lower α {\displaystyle \alpha } - quantile and 1 a (x) = { 1 if x ∈ a 0 else {\displaystyle 1_{a}(x)={\begin{cases}1&{\text{if }}x\in a\\0&{\text{e...
wikipedia
e2f410ff11e339710ed109269072ad8e0c99258b
if x ∈ l p (f) {\displaystyle x\in
if x ∈ l p (f) {\displaystyle x\in l^{p}({\mathcal {f}})} (an l) is the payoff of a portfolio at some future time and 0 < α < 1 {\displaystyle 0<\alpha <1} then we define the expected shortfall as
wikipedia
12074a99f0e0103198174e96302a31dbc105210f
expected shortfall is considered a more useful risk
expected shortfall is considered a more useful risk measure than var because it is a coherent spectral measure of financial portfolio risk. it is calculated for a given quantile -level q {\displaystyle q} and is defined to be the mean loss of portfolio value given that a loss is occurring at or below the q {\displaysty...
wikipedia
35041cb90c061c7da533153c03d61a69dd4e2f6d
es estimates the risk of an investment in
es estimates the risk of an investment in a conservative way, focusing on the less profitable outcomes. for high values of q {\displaystyle q} it ignores the most profitable but unlikely possibilities, while for small values of q {\displaystyle q} it focuses on the worst losses. on the other hand, unlike the discounted...
wikipedia
0ece91cae52b58ba89cc5eff0b57cbb58a6109e5
expected shortfall (es) is a risk measure —a
expected shortfall (es) is a risk measure —a concept used in the field of financial risk measurement to evaluate the market risk or credit risk of a portfolio. the "expected shortfall at q% level" is the expected return on the portfolio in the worst q % {\displaystyle q\%} of cases. es is an alternative to value at ris...
wikipedia
d3b9f2f8f2413f24917b9d104f5615a44b11694c
dmitri yefimovich furman was a russian political scientist,
dmitri yefimovich furman was a russian political scientist, sociologist, and expert on religions. the new left review called him "russia’s leading comparative scholar on the political systems of post-soviet states". dmitri furman was born in moscow, graduated from moscow state university (1965), and defended his phd th...
wikipedia
e0900cc87ea9021b02ec87622ff84e87cb4027b8
his first book, religion and social conflicts in
his first book, religion and social conflicts in the usa (1981), focused on the role of protestantism in american history and society. furman’s book on the united states offered a detailed empirical sociology of american churches, denominations and sects in the 20th century. its focus became the hallmark of his compara...
wikipedia
86058dc9ffac2a09eda2d472397ab510023c58a8
in conditions of isolation, as furman himself remarked,
in conditions of isolation, as furman himself remarked, russian thinkers of his generation were inevitably in some degree autodidacts, always liable to reinvent the bicycle. furman was also, as his friend and best commentator georgi derluguian noted, by temperament a pragmatic researcher, little interested in intellect...
wikipedia
1a1c3e132e50d2b8ba6e5f66dc66f3f6f6bd9c94
furman was able to transfer from the history
furman was able to transfer from the history to the philosophy faculty at moscow university; thereafter he went to the institute for study of the labour movement, and at the end of the 1970s he went to the institute for study of the united states and canada at the academy of sciences. during his academic career furman ...
wikipedia
a6469b6f4e6206e020259cc8eee43904d2f5947e
furman chose ancient history as his subject at
furman chose ancient history as his subject at university because the field was too arcane for much interference by officialdom. he also wanted to compare the theological disputes of early christianity with the quarrels of the early rsdlp, whose minutes he was also reading. in 1968 he completed a dissertation on julian...
wikipedia
a85ee39b9132d721354b425f57fb4fa5c8109f4c
furman was born in 1943, the only child
furman was born in 1943, the only child from the first short lasting marriage of his mother and an artist sergey victorov. he was brought up by his grandmother and her sister, whose brother was boris ioganson, a leading socialist realist painter of the time and president of the soviet academy of arts when furman was a ...
wikipedia
7b8fca73413fdcbd21c4d457abe9244026a098e8
dmitri yefimovich furman (russian: Дми́трий Ефи́мович Фу́рман dmitrij
dmitri yefimovich furman (russian: Дми́трий Ефи́мович Фу́рман dmitrij yefimovič furman; 28 february 1943 – 22 july 2011) was a russian political scientist, sociologist, and expert on religions. the new left review called him "russia’s leading comparative scholar on the political systems of post- soviet states". dmitri ...
wikipedia
6cf55a77ed42e5ddb7764563dc483558a17a72d7
frances o'connor was an american entertainer. born without
frances o'connor was an american entertainer. born without arms, she made her living appearing in circus sideshows billed as the armless wonder or the living venus de milo. she would perform normal actions such as eating, drinking, writing and smoking a cigarette, using her feet. she also did knitting and sewing with h...
wikipedia
c3202abe178b806fe4c1e057d5dbe0a3564f45d9
her mother served as her showbiz manager. frances
her mother served as her showbiz manager. frances o'connor never married and never had children. after having retired from the travelling circuit, she died in relative obscurity in long beach, california, at the age of 67 in 1982.
wikipedia
c5955d263adf8241248432b318af80b74ad4e019
o'connor appeared in the 1932 pre-code cult film
o'connor appeared in the 1932 pre-code cult film classic freaks, opposite martha morris (1902-1937), (who was also born without arms, and shortened legs), directed and produced by tod browning. the film revolves around a group of individuals with physical deformities, predominantly played by real life freak show perfor...
wikipedia
650ceec12e43c9d421b46ad84dbf05eca9165c7c
frances o'connor (september 8, 1914 – january 30,
frances o'connor (september 8, 1914 – january 30, 1982) was an american entertainer. born without arms, she made her living appearing in circus sideshows billed as the armless wonder or the living venus de milo. she would perform normal actions such as eating, drinking, writing and smoking a cigarette, using her feet. ...
wikipedia
4dac3c839e0cb2fe7ad725d201a92e9442ffc73a
he was an invited speaker of the icm
he was an invited speaker of the icm in 1928 at bologna and in 1932 in zurich. from 1943 to 1945 and from 1948 to 1951 at the california institute of technology of pasadena, he collaborated on the manual of special functions for the bateman manuscript project, together with arthur erdélyi, wilhelm magnus and fritz ober...
wikipedia
1d32b9405fa2ec9d042d6dffb35c92f2fdd99952
tricomi was born in naples. he first enrolled
tricomi was born in naples. he first enrolled in the university of bologna, where he took chemistry courses. however, tricomi realized that he preferred physics rather than chemistry; he moved to the university of naples in 1915. he graduated at the university of naples in 1918 and later was assistant to francesco seve...
wikipedia
4c846faa3b90628cf1bd0e577742ebe3eff9c99b
francesco giacomo tricomi (5 may 1897 – 21
francesco giacomo tricomi (5 may 1897 – 21 november 1978) was an italian mathematician famous for his studies on mixed type partial differential equations. he was also the author of a book on integral equations.
wikipedia