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1 – 10 of over 2000
Article
Publication date: 27 May 2024

Belli Zoubida and Aomar Lyes

The purpose of this study is to evaluate and minimize the losses of alternating current (AC) in the winding of electrical machines. AC winding losses are frequently disregarded at…

Abstract

Purpose

The purpose of this study is to evaluate and minimize the losses of alternating current (AC) in the winding of electrical machines. AC winding losses are frequently disregarded at low frequencies, but they become a significant concern at high frequencies. This is the situation where applications require a high speed. The most significant applications in this category are electrical propulsion and drive systems.

Design/methodology/approach

An analytical model is used to predict the AC losses in the winding of electrical machines. The process involves dividing the slot into separate layers and then calculating the AC loss factor for each layer. The model aims to calculate AC losses for two different winding arrangements involving circular conductors. This application focuses on the stator winding of a permanent magnet synchronous motor that is specifically designed for electric vehicles. The model is integrated into an optimization process that makes use of the genetic algorithm method to minimize AC losses resulting from the arrangement of conductors within the slot.

Findings

This study and its findings demonstrate that the arrangement of the conductors within the slot has a comparable effect on the AC losses in the winding as the machine's geometric and physical properties. The effectiveness of electrical machines depends heavily on optimizing the arrangement of conductors in the slot to minimize AC winding losses.

Originality/value

The proposed strategy seeks to minimize AC winding losses in high-speed electric machines by providing a cost-effective and precise solution to improve energy efficiency.

Details

COMPEL - The international journal for computation and mathematics in electrical and electronic engineering , vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0332-1649

Keywords

Article
Publication date: 23 May 2024

Ye Li, Hongtao Ren and Junjuan Liu

This study aims to enhance the prediction accuracy of hydroelectricity consumption in China, with a focus on addressing the challenges posed by complex and nonlinear…

Abstract

Purpose

This study aims to enhance the prediction accuracy of hydroelectricity consumption in China, with a focus on addressing the challenges posed by complex and nonlinear characteristics of the data. A novel grey multivariate prediction model with structural optimization is proposed to overcome the limitations of existing grey forecasting methods.

Design/methodology/approach

This paper innovatively introduces fractional order and nonlinear parameter terms to develop a novel fractional multivariate grey prediction model based on the NSGM(1, N) model. The Particle Swarm Optimization algorithm is then utilized to compute the model’s hyperparameters. Subsequently, the proposed model is applied to forecast China’s hydroelectricity consumption and is compared with other models for analysis.

Findings

Theoretical derivation results demonstrate that the new model has good compatibility. Empirical results indicate that the FMGM(1, N, a) model outperforms other models in predicting the hydroelectricity consumption of China. This demonstrates the model’s effectiveness in handling complex and nonlinear data, emphasizing its practical applicability.

Practical implications

This paper introduces a scientific and efficient method for forecasting hydroelectricity consumption in China, particularly when confronted with complexity and nonlinearity. The predicted results can provide a solid support for China’s hydroelectricity resource development scheduling and planning.

Originality/value

The primary contribution of this paper is to propose a novel fractional multivariate grey prediction model that can handle nonlinear and complex series more effectively.

Details

Grey Systems: Theory and Application, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 2043-9377

Keywords

Open Access
Article
Publication date: 19 April 2024

Bong-Gyu Jang and Hyeng Keun Koo

We present an approach for pricing American put options with a regime-switching volatility. Our method reveals that the option price can be expressed as the sum of two components…

Abstract

We present an approach for pricing American put options with a regime-switching volatility. Our method reveals that the option price can be expressed as the sum of two components: the price of a European put option and the premium associated with the early exercise privilege. Our analysis demonstrates that, under these conditions, the perpetual put option consistently commands a higher price during periods of high volatility compared to those of low volatility. Moreover, we establish that the optimal exercise boundary is lower in high-volatility regimes than in low-volatility regimes. Additionally, we develop an analytical framework to describe American puts with an Erlang-distributed random-time horizon, which allows us to propose a numerical technique for approximating the value of American puts with finite expiry. We also show that a combined approach involving randomization and Richardson extrapolation can be a robust numerical algorithm for estimating American put prices with finite expiry.

Details

Journal of Derivatives and Quantitative Studies: 선물연구, vol. 32 no. 2
Type: Research Article
ISSN: 1229-988X

Keywords

Abstract

Details

Understanding Financial Risk Management, Third Edition
Type: Book
ISBN: 978-1-83753-253-7

Open Access
Article
Publication date: 27 February 2024

Helga Habis

Our result of this paper aims to indicate that the beta pricing formula could be applied in a long-term model setting as well.

Abstract

Purpose

Our result of this paper aims to indicate that the beta pricing formula could be applied in a long-term model setting as well.

Design/methodology/approach

In this paper, we show that the capital asset pricing model can be derived from a three-period general equilibrium model.

Findings

We show that our extended model yields a Pareto efficient outcome.

Practical implications

The capital asset pricing model (CAPM) model can be used for pricing long-lived assets.

Social implications

Long-term modelling and sustainability can be modelled in our setting.

Originality/value

Our results were only known for two periods. The extension to 3 periods opens up a large scope of applicational possibilities in asset pricing, behavioural analysis and long-term efficiency.

Details

Journal of Economic Studies, vol. 51 no. 9
Type: Research Article
ISSN: 0144-3585

Keywords

Open Access
Article
Publication date: 19 February 2024

Aziean Jamin, Gbolahan Gbadamosi and Svetla Stoyanova-Bozhkova

This paper reviews the literature on disability inclusion (DI) in supply and demand chains of hospitality and tourism (H&T) organisations. The purpose of this study is to assess…

1052

Abstract

Purpose

This paper reviews the literature on disability inclusion (DI) in supply and demand chains of hospitality and tourism (H&T) organisations. The purpose of this study is to assess disability support and interventions within H&T organisations. Through the assessment, we identified gaps to recommend H&T scholars’ and practitioners’ knowledge of DI from new perspectives.

Design/methodology/approach

An integrative review was conducted to examine the published evidence on DI in H&T organisations. This study used high-ranking H&T journals from the Scopus and Web of Science databases between 2001 and 2023. In total, 101 empirical papers met the criteria for the review analysis.

Findings

DI focuses heavily on customer disabilities, with scant research on DI in H&T employment. The review emphasises the critical need for empirical research into the varied disability employment ecosystem within H&T organisations, focusing on social integration for inclusive workplaces.

Originality/value

This study contributes to the H&T literature, which previously overlooked the disability context in diversity. The research offers strategies for creating inclusive environments in the H&T industry for disabled consumers and producers.

Details

International Journal of Contemporary Hospitality Management, vol. 36 no. 13
Type: Research Article
ISSN: 0959-6119

Keywords

Book part
Publication date: 28 May 2024

Atreyee Sinha Chakraborty

The purpose of this study is to examine the welfare effects of product standards (which fall under Non-Tariff Barriers (NTBs)) on an exporting country when the country by its own…

Abstract

The purpose of this study is to examine the welfare effects of product standards (which fall under Non-Tariff Barriers (NTBs)) on an exporting country when the country by its own choice prefers to follow the null standard for the domestic market, which is not possible due to high set up cost at two different standards. The model has used a theoretical framework to analyze the effects and has derived some important results. If the standard is not linked with a true negative externality, the exporting country, given the assumptions of the model will always prefer to be discriminated by “tariff” and the importing country will prefer to protect its market by “tariff” rather than going for NTB. The typical assumptions taken here resemble the trade between developed and developing countries when the developed country imposes some minimum standard on a product but becomes relatively “costly” for the developing country to comply with. As the importing country is not free to set tariffs, it will use NTB as a minimum standard (as it is welfare-improving than free trade). However, the minimum standard also affects the exporting country's local producers and consumers. So NTB leads to a worse situation for both countries and definitely worst for the exporting country. Using a game theoretic framework, the study shows that the imposition of standards which does not address any real externality can be an optimum response for an importing country leading to a loss in the global welfare compared to a free trade situation.

Details

Contemporary Issues in International Trade
Type: Book
ISBN: 978-1-83797-321-7

Keywords

Article
Publication date: 17 May 2024

Syam Narayanan S., Rajalakshmi Pachamuthu, Alex T. Biju and Srilekha Madupu

This study aims to discuss the mathematical modelling of a compliance-assisted flapping mechanism and morphable structures for an UAV.

Abstract

Purpose

This study aims to discuss the mathematical modelling of a compliance-assisted flapping mechanism and morphable structures for an UAV.

Design/methodology/approach

A compliance-assisted flapping wing was designed and modelled mathematically, and signals for the corresponding curves were calculated. The actual wing tip trace of a hummingbird was taken, and variables a, b, h and k were calculated from the image. This data was given to the mathematical model for plotting the graph, and the curve was compared with the input curve. The wing frame and mechanism for control surfaces using morphing is modelled along with single pivoted spine for centre of gravity augmentation and flight orientation control.

Findings

The model efficiently approximates the 2D path of the wing using line segments using the muscle and compliance mechanism.

Practical implications

Using a compliance-assisted flapping mechanism offers practical advantages. It allows us to synchronize the flapping frequency with the input signal frequency, ensuring efficient operation. Additionally, the authors can enhance the torque output by using multiple muscle strands, resulting in a substantial increase in the system’s torque-to-weight ratio. This approach proves to be more favourable when compared to conventional methods involving motors or servos, ultimately offering a more efficient and robust solution for practical application.

Social implications

This model focuses on creating a flexible and tunable mechanism that can at least trace four types of wing traces from the same design, for shifting from one mode of flight to another.

Originality/value

Conventional ornithopter flapping mechanisms are gear or servo driven and cannot trace a wing tip, but some can trace complicated curves, but only one at a time. This model can trace multiple curves using the same hardware, allowing the user to program the curve based on their needs or bird. The authors may vary the shape of the wing tip trace to switch between forward flight, hovering, backward flying, etc., which is not conceivable with any traditional flapping mechanism.

Details

Aircraft Engineering and Aerospace Technology, vol. 96 no. 4
Type: Research Article
ISSN: 1748-8842

Keywords

Article
Publication date: 28 May 2024

Xiaohu Wen, Xiangkang Cao, Xiao-ze Ma, Zefan Zhang and Zehua Dong

The purpose of this paper was to prepare a ternary hierarchical rough particle to accelerate the anti-corrosive design for coastal concrete infrastructures.

Abstract

Purpose

The purpose of this paper was to prepare a ternary hierarchical rough particle to accelerate the anti-corrosive design for coastal concrete infrastructures.

Design/methodology/approach

A kind of micro-nano hydrophobic ternary microparticles was fabricated from SiO2/halloysite nanotubes (HNTs) and recycled concrete powders (RCPs), which was then mixed with sodium silicate and silane to form an inorganic slurry. The slurry was further sprayed on the concrete surface to construct a superhydrophobic coating (SHC). Transmission electron microscopy and energy-dispersive X-ray spectroscopy mappings demonstrate that the nano-sized SiO2 has been grafted on the sub-micron HNTs and then further adhered to the surface of micro-sized RCP, forming a kind of superhydrophobic particles (SiO2/HNTs@RCP) featured of abundant micro-nano hierarchical structures.

Findings

The SHC surface presents excellent superhydrophobicity with the water contact angle >156°. Electrochemical tests indicate that the corrosion rate of mild steel rebar in coated concrete reduces three-order magnitudes relative to the uncoated one in 3.5% NaCl solution. Water uptake and chloride ion (Cl-) diffusion tests show that the SHC exhibits high H2O and Cl- ions barrier properties thanks to the pore-sealing and water-repellence properties of SiO2/HNTs@RCP particles. Furthermore, the SHC possesses considerable mechanical durability and outstanding self-cleaning ability.

Originality/value

SHC inhibits water uptake, Cl- diffusion and rebar corrosion of concrete, which will promote the sustainable application of concrete waste in anti-corrosive concrete projects.

Details

Anti-Corrosion Methods and Materials, vol. ahead-of-print no. ahead-of-print
Type: Research Article
ISSN: 0003-5599

Keywords

Article
Publication date: 30 April 2024

Jianyu Zhao and Cheng Fu

This paper aims to investigate the antecedents of recombinant innovation from the perspective of ego–network dynamics, and further disentangle whether ego–network stability or…

Abstract

Purpose

This paper aims to investigate the antecedents of recombinant innovation from the perspective of ego–network dynamics, and further disentangle whether ego–network stability or ego–network expansion is more conducive to recombinant innovation under heterogeneous knowledge base.

Design/methodology/approach

This paper uses 1,801 patent data in China’s biotechnology field as a sample and adopts fixed effects regression model to examine the effects of ego–network dynamics on recombinant innovation and further uses the Wald tests to discern which ego–network dynamic is more conducive to recombinant innovation under heterogeneous knowledge base.

Findings

The empirical results indicate that ego–network dynamics have a positive impact on recombinant innovation. Specifically, for firms with high knowledge breadth and high knowledge depth as well as high knowledge breadth and low knowledge depth, ego–network stability is more conducive to recombinant innovation. By contrast, for firms with low knowledge breadth and high knowledge depth, recombinant innovation benefits more from ego–network expansion. As for firms with low knowledge breadth and low knowledge depth, both ego–network stability and ego–network expansion can promote recombinant innovation, while the effects are not significant.

Practical implications

This research may enlighten managers to choose suitable ego–network dynamics strategies for recombinant innovation based on their knowledge base.

Originality/value

This research not only contributes to the literature on recombinant innovation by revealing the impact of different ego–network dynamics on recombinant innovation but also contributes to network dynamics theory by exploring whether ego–network stability or ego–network expansion is more conducive to recombinant innovation under a heterogeneous knowledge base.

Details

Journal of Knowledge Management, vol. 28 no. 5
Type: Research Article
ISSN: 1367-3270

Keywords

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