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The Kelly Capital Growth Investment Criterion
This volume provides the definitive treatment of fortune's formula or the Kelly capital growth criterion as it is often called. The strategy is to maximize long run wealth of the investor by maximizing the period by period expected utility of wealth with a logarithmic utility function. Mathematical theorems show that only the log utility function maximizes asymptotic long run wealth and minimizes the expected time to arbitrary large goals. In general, the strategy is risky in the short term but as the number of bets increase, the Kelly bettor's wealth tends to be much larger than those with essentially different strategies. So most of the time, the Kelly bettor will have much more wealth tha...
Plant Engineering
Undernourishment in some areas and abundance in others, accelerated climate changes, food distribution and security challenges, fluctuating economic and political stability and oversaturation in information - this is the world we are living in today. It seems that there is no time for the basic science plant research; instead of years of dedicated investigation, scientists are forced to wrap up their know-how in a project-oriented deliverables as fast as possible. The main strength of this book is the new knowledge about plant engineering that could be transferred into the applied science and, later on, to the industry. However, we should not forget that all great discoveries begin with the fundamental research, the wealth of good ideas and the dedicated scientific work.
Next-Generation Greenhouses for Food Security
Modern greenhouse technology has revolutionized the food supply chain scenario over the past 40 years. Closed-field cultivation by means of agri-cubes, plant factories, vertical farming structures, and roof-top solar greenhouses has become the backbone of sustainable agriculture for producing all-year-round fresh fruits and vegetables. This book is an attempt to explore several profound questions such as how digital technology and simulation models have saved energy in commercial greenhouses, and why growers prefer LPWAN sensors and IoT monitoring devices over the traditional timer-based controllers? How artificial intelligence is capable of performing microclimate prediction and control, and what considerations should be taken into account for implementing desiccant evaporative cooling systems? With case-study examples and field experiments, each chapter highlights some of the most recent solutions and adaptation strategies toward improving the efficiency and sustainability of closed-field crop production systems.
Feminist Periodicals
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Encyclopedia of Depression [2 volumes]
Written in clear, nontechnical language, and filled with lively historical and cultural highlights, this comprehensive reference work is a scientifically grounded yet thoroughly readable introduction to depressive disorders. What distinguishes normal everyday emotional swings from debilitating, clinically identified depression? What are the defining symptoms, manifestations, and treatments? What is life like for people suffering from depression and for those who care for them? The Encyclopedia of Depression is for all those needing answers to questions like these—individuals, families, health professionals, or anyone fascinated by this pervasive condition. Written in clear, nontechnical la...
