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In this paper we generalize the electricity spot price model of Lucia and Schwartz by a two-factor model with jumps and stochastic volatility. We estimate the model on daily spot price data from the Nordic market using an approach that combines traditional statistical methods with a Markov chain Monte Carlo algorithm. Results show that the model captures most of the trajectorial and the statistica

At the time of writing, the Italian Parliament is debating a new law that would make it legal to practice an unproven stem cell treatment in public hospitals. The treatment, offered by a private non-medical organization, may not be safe, lacks a rationale, and violates current national laws and European regulations. This case raises multiple concerns, most prominently the urgent need to protect pa

Users of Business Intelligence (BI) systems have started to demand more flexible systems in which they could be empowered to serve themselves – self-service BI. In this paper we aim at explaining how such development influences designers of BI solutions and how it impacts the design situation. To say something about this we adapted the PACT (People, Activity, Context, Technology) framework on the

We propose two fundamental principles of epistemological accountability with critical methodological implications for studies designed to measure, assess, and/or profile human psychosocial resilience. Firstly, researchers involved in human psychosocial resilience studies owe it to the individuals and communities that they engage to disclose their motives and possible misreadings of the situations

Background: One-pot multi-step biocatalysis is advantageous over step-by-step synthesis as it reduces the number of process operation units, leading to significant process intensification. Whole-cell biocatalysis with metabolically active cells is especially valuable since all enzymes can be co-expressed in the cell whose metabolism can be exploited for supply of co-substrates and co-factors. Resu

The effect of glucose and oxygen limitation on the growth and fermentation performances of Dekkera bruxellensis was investigated in order to understand which factors favour its propagation in ethanol or wine plants. Although D. bruxellensis has been described as a facultative anaerobe, no growth was observed in mineral medium under complete anaerobiosis while growth was retarded under severe oxyge

EPR spectroscopy has proven to be an indispensable tool in elucidating the structure of metal sites in proteins. In recent years, experimental EPR data have been complemented by theoretical calculations, which have become a standard tool of many quantum chemical packages. However, there have only been a few attempts to calculate EPR g tensors for exchange-coupled systems with more than two spins.

We consider classes G(s)([0, 1]) of subsets of [0, 1], originally introduced by Falconer, that are closed under countable intersections, and such that every set in the class has Hausdorff dimension at least s. We provide a Frostman-type lemma to determine if a limsup set is in such a class. Suppose that E = lim supE(n) subset of [0, 1], and that mu(n) are probability measures with support in E-n.

The medieval western image of the Byzantine emperor Heraclius (c. 575-641) was largely formed by a Latin legend (BHL 4178) composed for the celebration of Exaltatio Crucis (14 Sept.). The main purpose of the article is to present a critical edition of this legend, together with an editio princeps of a Latin sermon (BHL 4181a) that tells the same story, as well as annotated English translations of

Using synchrotron based photoemission, we have investigated the Mn-induced changes in Ga 3d core level spectra from as-grown Ga(1-x)Mn(x)As. Although Mn is located in Ga substitutional sites, and therefore does not have any Ga nearest neighbors, the impact of Mn on the Ga core level spectra is pronounced even at Mn concentrations in the region of 0.5%. The analysis shows that each Mn atom affects

Objectives To determine the sensitivity and specificity of subjective evaluation of gray-scale and Doppler ultrasound findings (here called pattern recognition) when used by experienced ultrasound examiners with regard to making a specific diagnosis of adnexal masses. Methods Within the framework of a European multi-center study, the International Ovarian Tumor Analysis study, comprising nine ultr

It is over three decades since a large terrestrial carbon sink (S-T) was first reported. The magnitude of the net sink is now relatively well known, and its importance for dampening atmospheric CO2 accumulation, and hence climate change, widely recognised. But the contributions of underlying processes are not well defined, particularly the role of emissions from land-use change (E-LUC) versus the

Floral scent is a very important trait in plant evolution. Currently, little is known about the inheritance of floral scent in cowpea (Vigna unguiculata L.) or changes that might have occurred during its domestication. Therefore, we analysed scent volatiles and molecular markers in a population of 159 F7 recombinant inbred lines derived from a cross of a domesticated blackeye cowpea cultivar, ‘524

A search is reported for Higgs boson decay to mu(+)mu(-) using data with an integrated luminosity of 24.8 fb(-1) collected with the ATLAS detector in pp collisions at root s = 7 and 8 TeV at the CERN Large Hadron Collider. The observed dimuon invariant mass distribution is consistent with the Standard Model background-only hypothesis in the 120-150 GeV search range. For a Higgs boson with a mass o

Net primary production (NPP) is the difference in gross photosynthetic assimilation of carbon and carbon loss due to autotrophic respiration, and is an important ecosystem variable that facilitates understanding of climate change impacts on terrestrial ecosystem productivity and ecosystem services. The aim of this study is to rapidly estimate the NPP of European potential natural vegetation for cu

The study presents the characterization of dynamic patterns of indoor particulate matter (PM) during various pollution episodes for real-time IAQ management. The variation of PM concentrations was assessed for 20 indoor activities, including cooking related sources, other thermal sources, personal care and household products. The pollution episodes were modelled in full-scale test chamber represen

A spatio-temporal model is constructed to interpolate yearly precipitation data from 1982 to 1996 over the African Sahel. The precipitation data used in the analysis comes from the Global Historical Climatology Network. The spatio-temporal model is based on a Gaussian Markov random field approach with AR(1)-dependence in time and a spatial component modeled using an approximation of a field withMa

We report an electron-beam based method for the nanoscale patterning of the poly(ethylene oxide)/LiClO4 polymer electrolyte. We use the patterned polymer electrolyte as a high capacitance gate dielectric in single nanowire transistors and obtain subthreshold swings comparable to conventional metal/oxide wrap-gated nanowire transistors. Patterning eliminates gate/contact overlap, which reduces para