Related papers: Ecosystem Viable Yields
Open-pit mine scheduling is a complex real world optimization problem that involves uncertain economic values and dynamically changing resource capacities. Evolutionary algorithms are particularly effective in these scenarios, as they can…
To reduce global biodiversity loss, there is an urgent need to determine the most efficient allocation of conservation resources. Recently, there has been a growing trend for many governments to supplement public ownership and management of…
Few Bayesian methods for analyzing high-dimensional sparse survival data provide scalable variable selection, effect estimation and uncertainty quantification. Such methods often either sacrifice uncertainty quantification by computing…
The unprecedented size of the human population, along with its associated economic activities, have an ever increasing impact on global environments. Across the world, countries are concerned about the growing resource consumption and the…
The proliferation of diverse, high-leverage trading instruments in modern financial markets presents a complex, "noisy" environment, leading to a critical question: which trading strategies are evolutionarily viable? To investigate this, we…
Economic variables play important roles in any economic model, and sudden and dramatic changes exist in the financial market and economy. For this reason, to price and hedge equity-linked life insurance products, including segregated funds…
We consider the harvesting of a population in a stochastic environment whose dynamics in the absence of harvesting is described by a one dimensional diffusion. Using ergodic optimal control, we find the optimal harvesting strategy which…
One of the first successes of neutral ecology was to predict realistically-broad distributions of rare and abundant species. However, it has remained an outstanding theoretical challenge to describe how this distribution of abundances…
Evolvability is the capacity to evolve. This paper introduces a simple computational model of evolvability and demonstrates that, under certain conditions, evolvability can increase indefinitely, even when there is no direct selection for…
This paper develops a new model of business cycles. The model is economical in that it is solved with an aggregate demand-aggregate supply diagram, and the effects of shocks and policies are obtained by comparative statics. The model builds…
Static Random-Access Memory (SRAM) yield analysis is essential for semiconductor innovation, yet research progress faces a critical challenge: the large gap between simplified academic models and the complexities observed in practice. The…
Financial returns are known to exhibit heavy tails, volatility clustering and abrupt jumps that are poorly captured by classical diffusion models. Advances in machine learning have enabled highly flexible functional forms for conditional…
Sustainable software engineering has received a lot of attention in recent times, as we witness an ever-growing slice of energy use, for example, at data centers, as software systems utilize the underlying infrastructure. Characterizing…
This paper proposes an algorithmic trading framework integrating Environmental, Social, and Governance (ESG) ratings with a pairs trading strategy. It addresses the demand for socially responsible investment solutions by developing a unique…
In this paper, we study the $m$-states optimal switching problem in finite horizon, when the switching cost functions are arbitrary and can be positive or negative. This has an economic incentive in terms of central evaluation in cases…
Concomitant with the evolution of biological diversity must have been the evolution of mechanisms that facilitate evolution, due to the essentially infinite complexity of protein sequence space. We describe how evolvability can be an object…
We present a simple model to study L\'{e}vy-flight foraging in a finite landscape with countable targets. In our approach, foraging is a step-based exploratory random search process with a power-law step-size distribution $P(l) \propto…
Resilience is a property of social, ecological, social-ecological and biophysical systems. It describes the capacity of a system to cope with, adapt to and innovate in response to a changing surrounding. Given the current climate change…
The evolutionary process that led to the emergence of modern human behaviors during the Middle Stone Age in Africa remains enigmatic. While various hypotheses have been proposed, we offer a new perspective that integrates the variability…
This paper aims to introduce a concept of an equilibrium point of a dynamical system which will call it almost global asymptotically stable. A biological prey-predator model is also analyzed with a modification function growth in prey…