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Fault Detection, Supervision and Safety of Technical Processes 2006
The safe and reliable operation of technical systems is of great significance for the protection of human life and health, the environment, and of the vested economic value. The correct functioning of those systems has a profound impact also on production cost and product quality. The early detection of faults is critical in avoiding performance degradation and damage to the machinery or human life. Accurate diagnosis then helps to make the right decisions on emergency actions and repairs. Fault detection and diagnosis (FDD) has developed into a major area of research, at the intersection of systems and control engineering, artificial intelligence, applied mathematics and statistics, and suc...
Plant Modification For More Efficient Water Use
Plant Modification for More Efficient Water Use is a compilation of the proceedings of the Symposium on Plant Modification for More Efficient Water Use. These proceedings aim to make significant progress in identifying the physiological and morphological characteristics of plants by providing considerable control of evapotranspiration and by exploring their possible manipulation. This book is divided into four parts focusing on genetic engineering, physiological and environmental factors, and modeling. The first part includes articles about breeding, genetic engineering, use of variety isogenes, genetic modification, and phenotype and drought tolerance in relation to efficient use of water. ...
Indiana Land Entries. Volume 2
Although described as "Part 1," this volume of Vincennes District land records is apparently all that was published. It covers approximately the central third of the Vincennes District, comprising all of the present counties of Daviess, Gibson, Knox, Martin, and Pike; and over half of Monroe and Lawrence. Beginning in 1807 and extending as late as 1877, the records transcribed here give the names of about 12,000 purchasers of land as well as the specific location of their land and the date of the record.
The COVID-19 Impact on Corporate Leverage and Financial Fragility
We study the impact of the COVID-19 recession on capital structure of publicly listed U.S. firms. Our estimates suggest leverage (Net Debt/Asset) decreased by 5.3 percentage points from the pre-shock mean of 19.6 percent, while debt maturity increased moderately. This de-leveraging effect is stronger for firms exposed to significant rollover risk, while firms whose businesses were most vulnerable to social distancing did not reduce leverage. We rationalize our evidence through a structural model of firm value that shows lower expected growth rate and higher volatility of cash flows following COVID-19 reduced optimal levels of corporate leverage. Model-implied optimal leverage indicates firms which did not de-lever became over-leveraged. We find default probability deteriorates most in large, over-leveraged firms and those that were stressed pre-COVID. Additional stress tests predict value of these firms will be less than one standard deviation away from default if cash flows decline by 20 percent.
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