• Journal of applied mathematics & informatics
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• v.38 no.5_6
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• pp.439-461
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• 2020

A step-up option is a newly developed financial instrument that simultaneously provides higher security and profitability. This paper introduces two step-up options: step-up type1 and step-up type2 options, and derives the option pricing formulas using the Laplace transform. We assume that the underlying equity price follows a regime-switching model that reflects the long-term maturity of these options. The option prices are calculated for the two types of funds, a pure stock fund composed of risky assets only and a mixed fund composed of stocks and bonds, to reflect possible variety in the fund underlying asset mix. The impact of changes in the model parameters on the option prices is analyzed. This paper provides information crucial to product developments.

• 한국전산유체공학회:학술대회논문집
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• 2008.03b
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• pp.542-546
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• 2008

In this study, we developed a whole cardiovascular system model combined with a Laplace heart based on the numerical cardiac cell model and a detailed arterial network structure. The present model incorporates the Laplace heart model and pulmonary model using the lumped parameter model with the distributed arterial system model. The Laplace heart plays a role of the pump consisted of the atrium and ventricle. We applied a cellular contraction model modulated by calcium concentration and action potential in the single cell. The numerical arterial model is based upon a numerical solution of the one-dimensional momentum equations and continuity equation of flow and vessel wall motion in a geometrically accurate branching network of the arterial system including energy losses at bifurcations. For validation of the present method, the computed pressure waves are compared with the existing experimental observations. Using the cell-system-arterial network combined model, the pathophysiological events from cells to arterial network are delineated.

• Geomechanics and Engineering
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• v.23 no.4
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• pp.393-403
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• 2020

We design the Green-Naghdi model type III (GN-III) with widespread thermoelasticity for a thermoelectric half space using a memory-dependent derivative rule (MDD). Laplace transformations and state-space techniques are used in order to find the general solution for any set of limit conditions. A basic question of heat shock charging half space and a traction-free surface was added to the formulation in the present situation of a traveling heat source with consistent heating speed and ramp-type heating. The Laplace reverse transformations are numerically recorded. There are called the impacts of several calculations of the figure of the value, heat source spead, MDD parameters, magnetic number and the parameters of the ramping period.

• Communications for Statistical Applications and Methods
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• v.16 no.6
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• pp.971-978
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• 2009

Poisson generalized linear mixed models(GLMMs) have been widely used for the analysis of clustered or correlated count data. For the inference marginal likelihood, which is obtained by integrating out random effects is often used. It gives maximum likelihood(ML) estimator, but the integration is usually intractable. In this paper, we propose how to obtain the ML estimator via Laplace approximation based on hierarchical-likelihood (h-likelihood) approach under the Poisson GLMMs. In particular, the h-likelihood avoids the integration itself and gives a statistically efficient procedure for various random-effect models including GLMMs. The proposed method is illustrated using two practical examples and simulation studies.

• Journal of KSNVE
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• v.10 no.5
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• pp.800-805
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• 2000

To determine the modal matrix and modal frequency of engine mount system, we most solve so-called eigen-value problem. However eigen-value problem of engine mount system with hydraulic mount can not be solved by general eigne-analysis algorithm because the properties of hydraulic mount vary with frequency. so in this paper the method for modal analysis of rigid body motions of an engine supported by hydraulic mount is proposed. Natural frequencies and mode shapes of this nonlinear system are obtained by using complex exponential method and Laplace transformation method. In time domain, impulse response functions are calculated by (two-sided) discrete inverse Fourier Transformation of forced frequency response functions achieved by Laplace transformation of the differential equation of motion. Considering the fact that frequency response functions synthesized by modal parameters form proposed method are in good agreement with original FRFs, it is proved that the proposed method is very efficient and useful for the analysis of eigne-value problem of hydraulic engine mount system.

• Structural Engineering and Mechanics
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• v.33 no.6
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• pp.697-708
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• 2009

Stresses are solved for two parallel cracks in an infinite orthotropic plate during passage of incoming shock stress waves normal to their surfaces. Fourier transformations were used to reduce the boundary conditions with respect to the cracks to two pairs of dual integral equations in the Laplace domain. To solve these equations, the differences in the crack surface displacements were expanded to a series of functions that are zero outside the cracks. The unknown coefficients in the series were solved using the Schmidt method so as to satisfy the conditions inside the cracks. The stress intensity factors were defined in the Laplace domain and were inverted numerically to physical space. Dynamic stress intensity factors were calculated numerically for selected crack configurations.

• Geomechanics and Engineering
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• v.21 no.1
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• pp.85-93
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• 2020

In this article, the generalized thermoelastic theory with fractional derivative is presented to estimate the variation of temperature, the components of stress, the components of displacement and the changes in volume fraction field in two-dimensional porous media. Easily, the exact solutions in the Laplace domain are obtained. By using Laplace and Fourier transformations with the eigenvalues method, the physical quantities are obtained analytically. The numerical results for all the physical quantities considered are implemented and presented graphically. The results display that the present model with the fractional derivative is reduced to the Lord and Shulman (LS) and the classical dynamical coupled (CT) theories when the fractional parameter is equivalent to one and the delay time is equal to zero and respectively.

• International Journal of Advanced Culture Technology
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• v.8 no.2
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• pp.28-33
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• 2020

The Chemist Antoine-Laurent Lavoisier and mathematician Pierre Simon Laplace, who conducted a collaborative research on heat phenomena, are two of the key figures that represent French scientific community in the late 18th century. They joined hands together to understand heat phenomena that had not been fully explained until that time. They studied heat phenomena based on a heat particle model called 'caloric' and this study further expanded into light, magnetism and electricity, laying groundwork for many other research achievements afterwards. This article goes through their individual researches and looks into the process of their joint research based on the analysis of their publications. Further to these, it emphasizes its continuity with the Laplacian Program, a large-scale research project conducted in the early 19th century. Lastly, this article presents how science can merge with history, and at the same time, introduces the prerequisites for successful convergence research through existing research cases.

• Journal of KSNVE
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• v.10 no.1
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• pp.64-73
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• 2000

We present finite element equations in the Laplace-domain for linear viscoelastic and viscoelstically damped structures governed by a constitutive equation involving factional order derivative opeartors. These equations yield a nonstandard eigenproblem consisted of frequency dependent stiffness matrix. To solve this nonstandard eigenproblem we suggest an eigenvalue iteration procedure in the Laplace-domain. Improved Zenor and GHM material function type constitutive equations in the Laplace-domain are also available for this procedure. From above equations, complex eigenvalues and complex eigenvectors are obtained. Using obtained eigenvalues and eigenvectors, time domain analysis is performed by means of mode superposition. Finally, finite element solutions of viscoelastic and viscoeleastically damped sandwich beam are presented as an example.

• Steel and Composite Structures
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• v.25 no.2
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• pp.177-186
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• 2017

In this work, the model of magneto-thermoelasticity based on memory-dependent derivative (MDD) is applied to a one-dimensional thermal shock problem for a functionally graded half-space whose surface is assumed to be traction free and subjected to an arbitrary thermal loading. The $Lam{\acute{e}}^{\prime}s$ modulii are taken as functions of the vertical distance from the surface of thermoelastic perfect conducting medium in the presence of a uniform magnetic field. Laplace transform and the perturbation techniques are used to derive the solution in the Laplace transform domain. A numerical method is employed for the inversion of the Laplace transforms. The effects of the time-delay on the temperature, stress and displacement distribution for different linear forms of Kernel functions are discussed. Numerical results are represented graphically and discussed.