Many people think of the Smart Grid as a power distribution group built on advanced smart metering—but that's just one aspect of a much larger and more complex system. The "Smart Grid" requires new ...technologies throughout energy generation, transmission and distribution, and even the homes and businesses being served by the grid. This also represents new information paths between these new systems and services, all of which represents risk, requiring a more thorough approach to where and how cyber security controls are implemented. This insight provides a detailed architecture of the entire Smart Grid, with recommended cyber security measures for everything from the supply chain to the consumer. * Discover the potential of the Smart Grid * Learn in depth about its systems * See its vulnerabilities and how best to protect it
This book describes the current and most probable future wireless security solutions. The focus is on the technical discussion of existing systems and new trends like Internet of Things (IoT). It ...also discusses existing and potential security threats, presents methods for protecting systems, operators and end-users, describes security systems attack types and the new dangers in the ever-evolving Internet. The book functions as a practical guide describing the evolvement of the wireless environment, and how to ensure the fluent continuum of the new functionalities, whilst minimizing the potential risks in network security.
Shipping is a pillar of global trade, with 90 per cent of the world’s trade in goods and raw
materials carried by ship. Despite the economic benefits this delivers, maritime
operations can be ...dangerous, and when accidents occur the consequences are serious.
Consequential outcomes from hazards at sea include serious injury, death, loss of
cargo and destruction of the marine environment. Managing Maritime
Safety will give you a thorough understanding of contemporary maritime
safety and its management. It provides varying viewpoints on traditional safety
topics in conjunction with critical discussions of the international safety
management code and its application. The book also offers new perspectives on
maritime safety such as ship and equipment design for safety and the relevance of
safety management systems, in particular the application of the International Safety
Management code to remote controlled or autonomous ships. The authors all work in
the maritime industry, as practitioners, in education, research, government and
classification. The combination of wide-ranging and extensive experience provides an
unprecedented span of views with a strong connection to the real issues in the
maritime domain. This book sets out to provide much needed consolidated knowledge
for university level students on maritime safety management, incorporating
theoretical, historical, research, operational and design perspectives.
COHERENCE AND ELICITABILITY Ziegel, Johanna F.
Mathematical finance,
October 2016, Volume:
26, Issue:
4
Journal Article
Peer reviewed
Open access
The risk of a financial position is usually summarized by a risk measure. As this risk measure has to be estimated from historical data, it is important to be able to verify and compare competing ...estimation procedures. In statistical decision theory, risk measures for which such verification and comparison is possible, are called elicitable. It is known that quantile‐based risk measures such as value at risk are elicitable. In this paper, the existing result of the nonelicitability of expected shortfall is extended to all law‐invariant spectral risk measures unless they reduce to minus the expected value. Hence, it is unclear how to perform forecast verification or comparison. However, the class of elicitable law‐invariant coherent risk measures does not reduce to minus the expected value. We show that it consists of certain expectiles.
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Americans have been riding bikes for more than a century now. So why are most American cities still so ill-prepared to handle cyclists? James Longhurst, a historian and avid cyclist, tackles that ...question by tracing the contentious debates between American bike riders, motorists, and pedestrians over the shared road.Bike Battlesexplores the different ways that Americans have thought about the bicycle through popular songs, merit badge pamphlets, advertising, films, newspapers and sitcoms. Those associations shaped the actions of government and the courts when they intervened in bike policy through lawsuits, traffic control, road building, taxation, rationing, import tariffs, safety education and bike lanes from the 1870s to the 1970s.
Today, cycling in American urban centers remains a challenge as city planners, political pundits, and residents continue to argue over bike lanes, bike-share programs, law enforcement, sustainability, and public safety. Combining fascinating new research from a wide range of sources with a true passion for the topic, Longhurst shows us that these battles are nothing new; in fact they're simply a continuation of the original battle over who is - and isn't - welcome on our roads.
Watch the trailer: https://www.youtube.com/watch?v=WNleJ0tDvqg
Tourism Through Troubled Timesis an illuminating read for all scholars of Tourism Studies, Hospitality Management, and the Sociology of Tourism, as well as practitioners and managers within the ...hospitality sector, and gives clear insights into the industry's next steps forward.
Many problems in science can be formulated in the language of optimization theory, in which case an optimal solution or the best response to a particular situation is required. In situations of ...interest, such classical optimal solutions are lacking, or at least, the existence of such solutions is far from easy to prove. So, non-convex optimization problems may not possess a classical solution because approximate solutions typically show rapid oscillations. This phenomenon requires the extension of such problems' solution often constructed by means of Young measures. This book is written to introduce the topic to postgraduate students and may also serve as a reference for more experienced researchers. Liviu C. Florescu, 'Alexandru Ioan Cuza' University, Iasi, Romania; Christiane Godet-Thobie, Université de Bretagne Occidentale, Brest, France.
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