• Title/Summary/Keyword: Explicit method

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A COMPARISON STUDY OF EXPLICIT AND IMPLICIT NUMERICAL METHODS FOR THE EQUITY-LINKED SECURITIES

  • YOO, MINHYUN;JEONG, DARAE;SEO, SEUNGSUK;KIM, JUNSEOK
    • Honam Mathematical Journal
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    • v.37 no.4
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    • pp.441-455
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    • 2015
  • In this paper, we perform a comparison study of explicit and implicit numerical methods for the equity-linked securities (ELS). The option prices of the two-asset ELS are typically computed using an implicit finite diffrence method because an explicit finite diffrence scheme has a restriction for time steps. Nowadays, the three-asset ELS is getting popularity in the real world financial market. In practical applications of the finite diffrence methods in computational finance, we typically use relatively large space steps and small time steps. Therefore, we can use an accurate and effient explicit finite diffrence method because the implementation is simple and the computation is fast. The computational results demonstrate that if we use a large space step, then the explicit scheme is better than the implicit one. On the other hand, if the space step size is small, then the implicit scheme is more effient than the explicit one.

User Reputation computation Method Based on Implicit Ratings on Social Media

  • Bok, Kyoungsoo;Yun, Jinkyung;Kim, Yeonwoo;Lim, Jongtae;Yoo, Jaesoo
    • KSII Transactions on Internet and Information Systems (TIIS)
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    • v.11 no.3
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    • pp.1570-1594
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    • 2017
  • Social network services have recently changed from environments for simply building connections among users to open platforms for generating and sharing various forms of information. Existing user reputation computation methods are inadequate for determining the trust in users on social media where explicit ratings are rare, because they determine the trust in users based on user profile, explicit relations, and explicit ratings. To solve this limitation of previous research, we propose a user reputation computation method suitable for the social media environment by incorporating implicit as well as explicit ratings. Reliable user reputation is estimated by identifying malicious information raters, modifying explicit ratings, and applying them to user reputation scores. The proposed method incorporates implicit ratings into user reputation estimation by differentiating positive and negative implicit ratings. Moreover, the method generates user reputation scores for individual categories to determine a given user's expertise, and incorporates the number of users who participated in rating to determine a given user's influence. This allows reputation scores to be generated also for users who have received no explicit ratings, and, thereby, is more suitable for social media. In addition, based on the user reputation scores, malicious information providers can be identified.

Random dynamic analysis for simplified vehicle model based on explicit time-domain method

  • Huan Huang;Yuyu Li;Wenxiong Li;Guihe Tang
    • Coupled systems mechanics
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    • v.12 no.1
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    • pp.1-20
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    • 2023
  • On the basis of the explicit time-domain method, an investigation is performed on the influence of the rotational stiffness and rotational damping of the vehicle body and front-rear bogies on the dynamic responses of the vehicle-bridge coupled systems. The equation of motion for the vehicle subsystem is derived employing rigid dynamical theories without considering the rotational stiffness and rotational damping of the vehicle body, as well as the front-rear bogies. The explicit expressions for the dynamic responses of the vehicle and bridge subsystems to contact forces are generated utilizing the explicit time-domain method. Due to the compact wheel-rail model, which reflects the compatibility requirement of the two subsystems, the explicit expression of the evolutionary statistical moment for the contact forces may be performed with relative ease. Then, the evolutionary statistical moments for the respective responses of the two subsystems can be determined. The numerical results indicate that the simplification of vehicle model has little effect on the responses of the bridge subsystem and the vehicle body, except for the responses of the rotational degrees of freedom for the vehicle subsystem, regardless of whether deterministic or random analyses are performed.

A Fuzzy Cognitive Map Approach to Integrating Explicit Knowledge and Tacit Knowledge: Emphasis on the Churn Analysis of Credit Card Holders (퍼지인식도를 이용한 형식지와 암묵지 결합 메커니즘에 관한 연구: 신용카드 이탈고객 분석을 중심으로)

  • Lee, Kun-Chang;Chung, Nam-Ho;Kim, Jae-Kyeong
    • Asia pacific journal of information systems
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    • v.11 no.4
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    • pp.113-133
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    • 2001
  • We propose utilizing a fuzzy cognitive map(FCM) to integrate tacit knowledge and explicit knowledge both of which are crucial to the success of knowledge management. Recently, explicit knowledge is getting more available as CRM and data mining approaches become popular as the advent of using database and the Internet technology. However, for the knowledge management to be successful, tacit knowledge should be seamlessly integrated with explicit knowledge seamlessly. The problem hindering such effort is how to find a vehicle facilitating transformation of explicit knowledge into tacit knowledge, and vice versa. FCM has been important method for representing tacit knowledge as a form of explict knowledge. In this respect, we suggest the detailed process about how to integrate explicit knowledge and tacit knowledge by using FCM. We gathered extensive set of data from the credit card company, and applied our proposed method. Results showed that our approach is robust and promising for the field of integrating two different kinds of knowledge.

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Form-finding analysis of suspension bridges using an explicit Iterative approach

  • Cao, Hongyou;Zhou, Yun-Lai;Chen, Zhijun;Wahab, Magd Abdel
    • Structural Engineering and Mechanics
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    • v.62 no.1
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    • pp.85-95
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    • 2017
  • This paper presents an explicit analytical iteration method for form-finding analysis of suspension bridges. By extending the conventional analytical form-finding method predicated on the elastic catenary theory, two nonlinear governing equations are derived for calculating the accurate unstrained lengths of the entire cable systems both the main cable and the hangers. And for the gradient-based iteration method, the derivation of explicit calculation for the Jacobian matrix while solving the nonlinear governing equation enhances the computational efficiency. The results from sensitivity analysis show well performance of the explicit Jacobian matrix compared with the traditional finite difference method. According to two numerical examples of long span suspension bridges studied, the proposed method is also compared with those reported approaches or the fundamental criterions in suspension bridge structural analysis, which eventually confirms the accuracy and efficiency of the proposed approach.

Formulation of the Contact Damping and its Application to the Explicit Finite Element Method (접촉감쇠의 수식화 및 외연적 유한요소법에의 적용)

  • 이상욱;양동열;정완진
    • Transactions of Materials Processing
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    • v.8 no.3
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    • pp.306-312
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    • 1999
  • In the recent sheet metal forming simulations, it increases to adopt the dynamic explicit method for an effective computation and the elastoplastic formulation for stress recovery. It is inevitable in the dynamic explicit method that some noises occur, which sometimes partly spoil results of simulations. This phenomenon becomes severer when complicate contact conditions are included in simulations. In commercial dynamic codes, the concept of contact damping is introduced. However, the formulation process of it is not revealed well. In this paper, a contact damping method is formulated in order for effectively suppressing noises occurring due to complicated contact conditions. This is checked by analyzing a simple sheet metal stamping process (U-draw bending). From the computational results, it is shown that the contact damping can effectively control the noises due to contacts, especially when considering the sheet thickness, and help to develop more reliable internal stress states, which result in more realistic shapes after springbank.

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Arc-length and explicit methods for static analysis of prestressed concrete members

  • Mercan, Bulent;Stolarski, Henryk K.;Schultz, Arturo E.
    • Computers and Concrete
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    • v.18 no.1
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    • pp.17-37
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    • 2016
  • This paper compares the arc-length and explicit dynamic solution methods for nonlinear finite element analysis of prestressed concrete members subjected to monotonically increasing loads. The investigations have been conducted using an L-shaped, prestressed concrete spandrel beam, selected as a highly nonlinear problem from the literature to give insight into the advantages and disadvantages of these two solution methods. Convergence problems, computational effort, and quality of the results were investigated using the commercial finite element package ABAQUS. The work in this paper demonstrates that a static analysis procedure, based on the arc-length method, provides more accurate results if it is able to converge on the solution. However, it experiences convergence problems depending upon the choice of mesh configuration and the selection of concrete post-cracking response parameters. The explicit dynamic solution procedure appears to be more robust than the arc-length method in the sense that it provides acceptable solutions in cases when the arc-length approach fails, however solution accuracy may be slightly lower and computational effort may be significantly larger. Furthermore, prestressing forces must be introduced into the finite element model in different ways for the explicit dynamic and arc-length solution procedures.

Application of the explicit time integration finite element method to quasi-static metal forming problems (금속 성형 공정의 준정적 변형 예측을 위한 외연적 시간 적분 유한 요소법의 적용에 대한 연구)

  • Yoo, Y.H.;Yang, D.Y.
    • Journal of the Korean Society for Precision Engineering
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    • v.12 no.12
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    • pp.53-63
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    • 1995
  • In the analysis of metal forming problems, the explicit time integration finite element method, which does not have convergence problems, is frequently used. The present work is to assess the applicability of the explicit time integration finite element method to quasi-static metal forming problems. Compressing analyses of thin-walled tubes and solid cylinders are performed with different loading velocities. The computed buckled profiles of thin walled tubes are compared with the theoretical and experimental ones and it is found that at sufficiently low loading velocity, the explicit time integration finite element method accurately predict quasi-static buckled profiles. When loading volocity is increased, the computed buckled profiles of thin-walled tubes are very sensitive to loading velocity however the computed profiles of solid cylinders are less sensitive to loading velocity. In orther words, the geometrically self-constrained specimens like solid cylinders are less sensitive to loading velocity than the geometrically unconstrained specimens like thin-walled tubes. As a result, it is found that the geometrically self-constrained problems which include the greater part of metal forming problems can be efficiently analyzed with loading velocity control technique.

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A Study of Forming Analysis by using Dynamic-explicit Finite Element Method in Can-container Production Process of Multi-Stage Assembly (Multi-Stage 조립품인 캔-용기 생산 공정에서 동적-외연적 유한요소법을 이용한 성형해석에 관한 연구)

  • Jung, Dong-Won;Hwang, Jae-Sin
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.3 no.3
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    • pp.58-63
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    • 2004
  • In the present work a finite element formulation using dynamic-explicit time integration scheme is used for numerical analysis of multi-stage stamping processes. The lumping scheme is employed for the diagonal mass matrix and dynamic explicit formulation Multi-Stage stamping is analyzed by using dynamic-explicit finite element method. Further, the simulated results for the panel stamping processes are shown and discussed. Its application is being increased especially in the stamping industrial area for the cost reduction, weight saving, and improvement of strength.

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A Study of Forming Analysis by using Dynamic-Explicit Finite Element Method in Auto-Body Stamping (차체 판넬 스템핑 공정에서 동적-외연적 유한요소법을 이용한 성형해석에 관한 연구)

  • Jung, Dong-Won;Hwang, Jae-Sin
    • Journal of the Korean Society of Manufacturing Process Engineers
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    • v.3 no.4
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    • pp.63-72
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    • 2004
  • In this paper, a finite element formulation using dynamic-explicit time integration scheme is used for numerical analysis of auto-body panel stamping processes. The lumping scheme is employed for the diagonal mass matrix and dynamic explicit formulation. Auto-body panel forming is analyzed by using dynamic-explicit finite element method. Further, the simulated results of the auto-body panel stamping processes are shown and discussed. Its application is being increased especially in the stamping industrial area for the cost reduction, weight saving, and improvement of strength.

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