Pricing Weather Derivatives Index based on Temperature: The Case of Bahir Dar,Ethiopia

In this paper we present a stochastic model for daily average temperature to calculate the temperature indices upon which temperature-based derivatives are written. We propose a seasonal mean and volatility model that describes the daily average temperature behavior using the mean-reverting Ornstein-Uhlenbeck process. We also use higher order continuous-time autoregressive process with lag 3 for modeling the time evolution of the temperatures after removing trend and seasonality. Our model is fitted to 11 years of data recorded, in the period 1 January 2005 to 31 December 2015, Bahir Dar, Ethiopia, obtained from Ethiopia National Meteorological Services Agency. The analytical approximation formulas are used to price heating degree days (HDD) and cooling degree days (CDD) futures. The suggested model is analytically tractable for derivation of explicit prices for CDD and HDD futures and option. The price of the CDD future is calculated, using analytical approximation formulas. Numerical examples are presented to indicate the accuracy of the method. The results show that our model performs better to predict CDD indices.     

Stochastic bivariate time series models of waves in the North Sea and their application in simulation-based design

In this paper, we present and evaluate three long-term wave models for application in simulation-based design of ships and marine structures. Designers and researchers often rely on historical weather data as a source for ocean area characteristics based on hindcast datasets or in-situ measurements. The limited access and size of historical datasets reduces repeatability of simulations and analyses, making it difficult to assess the sampling variability of performance and loads on marine vessels and structures. Markov, VAR and VARMA wave models, producing independent long-term time series of significant wave height (H_s) and spectral peak period (T_p), is presented as possible solutions to this problem. The models are tested and compared by addressing how the models affect interpretation of design concepts and the ability to replicate statistical and physical characteristics of the wave process. Our results show that the VAR and VARMA models perform sufficiently in describing design performance, but does not capture the physical process fully. The Markov model is found to perform worst of the tested models in the applied tests, especially for measures covering several consecutive sea states.     

Experimental study on a sampling technique based on a freeze-sediments valve for deep-sea microorganism

Deep-sea microorganism research has become a hot topic in life science, owing to its special value in high pressure and low temperature environment. If not kept the in-situ low temperature and high pressure, it will cause the microorganism to lose its activity and lead to a waste of resources. A freeze-sediments valve presents a promising solution to maintain the low temperature and high pressure in situ, improve the success rate of sampling and shorten the sampling time. A series of experiments were conducted to characterize the freeze-sediments valve, including the sampling time without leakage, adaptation to different sediments and the effect of the length, etc. Most important of all, temperature change of sediments is observed in all experiments. Experimental results indicated that the freeze-sediments valve was formed in 5 min without leakage and the freeze-sediments valve could be applied to different sediments without limitations on sediments type and mineral content. Considering the pressure retaining capacity and formation time of freeze-sediments valve, it was found that the freeze-sediments valve with a length of 60–80 mm has good pressure retaining capacity whose value was 41.3–48.4 Mpa and short formation time which was 5 min. Precooling the sampler could be used to shorten the sampling time in the actual environment application. This sampling technique can play a vital role in maintaining in-situ low temperature at −2 to −4 ° Celsius in all the experiments. According to the tests, the sampling technique based on the freeze-sediments valve had the potential to solve the problem of keeping in-situ temperature, low sampling success rate and long sampling time in the future.     

Ekman模型时间变化风应力系数的伴随参数估计

本文基于时间分布参数设置,利用伴随同化方法,反演了Ekman模型中随时间变化的风应力拖曳系数,并在孪生实验和实际实验中对该方法进行了验证。在孪生实验中,研究了参数反演结果对不同影响因素的响应,包括:风速分布、风应力系数分布、风应力系数初始猜测值、风应力系数独立变量个数、观测数据误差和观测的深度。孪生实验结果验证了伴随同化方法反演Ekman模型中时变风应力系数的有效性,具体包括如下五个方面结论:1)不同风速分布下均能成功反演出不同风应力拖曳系数分布; 2)反演结果对初始猜测值较为敏感,风应力系数初始猜测值越接近给定值,反演结果越好;3)风应力系数独立点个数的选取会显著影响反演结果,合理的选择有利于提高反演效率及减小观测数据误差;4)观测误差能够影响反演结果,观测数据误差在20%以下时能取得合理的反演结果; 5)反演结果对观测数据的表层和次表层流速更为敏感,这是由Ekman流的物理性质决定的。实际实验,利用百慕大锚系试验平台的风速和流速数据,去除周期性潮流和地转流成分后得到Ekman流成分,并作为观测输入到该同化模型,反演出了适用于该区域和该时段的随时间变化的风应力系数。通过比较模拟流速和观测流速,证明利用伴随同化方法能从实测数据中反演出合理的时变风应力系数,对于海洋模型风应力系数的确定是一项有益的尝试。     

Large-time response of ice cover to a load moving along a frozen channel

Unsteady response of an ice cover in a channel with vertical walls is studied for large times. The ice deflection is caused by a load moving along the frozen channel at a constant speed. The ice cover is modelled as a thin elastic plate clamped to the walls of the channel. The time-dependent problem is solved by using the Fourier transform along the channel and the method of separating variables. In the system moving along the channel together with the load, the large-time deflection of the ice cover consists of steady deflection and standing waves in front and behind the load. The number of waves, their frequencies and wavenumbers depend on the speed of the load and the values of the critical speeds for the channel. The number of the waves and their amplitudes are calculated for a given load and its speed. The maximum stress in the ice as a function of the load speed is estimated.     

基于EMD方法的地心运动时间序列分析

针对时间序列混有的高频信息会影响地心运动规律分析的问题,采用网平移法对IGS提供的GNSS周解进行解算,得到2007-2017年地心运动时间序列,对其进行分解重构,剔除高频项,并利用重构时序对地心运动规律作进一步分析探讨。结果表明：本文解算的地心运动在T_x、T_y和T_z方向的精度均为毫米级。EMD方法重构的时序保留了原序列的基本信息,且抑制了高频项的影响,提高了周期贡献率,3个方向的贡献率分别提高了12.3%、16.7%及6.3%。通过分析重构后的时序发现,周年项振幅为各周期对应振幅的最大值,分别为2.32、1.89和2.07 mm;T_y和T_z方向长期变化趋势较T_x更为明显,分别为0.13和-0.27 mm/a;半年项较小,且在T_x和T_y方向上具有时变性。此外,还发现了一些其他较小的年际变化。     

基于MapInfo的海量卫星影像管理与分析

实现海量卫星影像资料快速有效的管理,对开展大区域大数据量的生产任务具有重要意义。本文以天绘卫星影像数据为例,介绍通过自编程序读取关键信息,利用MapInfo软件实现海量影像数据快速有效的管理分析,解决现实生产中的难题。     

Cartographic Design and the Space–Time Cube

This paper reports on the results of an empirical evaluation that aimed to define the effectiveness and efficiency of different visual variables in depicting the Space–Time Cube’s (STC) content. Existing STC applications demonstrate that the most used visual variables are size and colour hue. Less is known, however, about their usability metrics. The research sets design criteria for STC contents, such as space–time paths, based on the cartographic design theory. The visual variables colour hue, colour value, colour saturation, size and orientation have been applied in two different use case studies. Besides, to support the three-dimensional visual environment, depth cues such as shading and transparency were considered too. User tests have been executed based on real-world problems with particular attention for the visualization strategy and data complexity. The outcomes revealed the most efficient and effective visual variables to represent data of various complexities in the STC.     

Cartographic Symbol Design Considerations for the Space–Time Cube

The cartographic representation of geographic phenomena in the space–time cube comes with special challenges and opportunities when compared with two-dimensional maps. While the added dimension allows the display of attributes that vary with time, it is difficult to display rapidly varying temporal data given the limited display height. In this study, we adapt 2D cyclic point symbols to construct 3D surfaces designed along a helical path for the space–time cube. We demonstrate how these complex?3D helical surfaces can display detailed data, including data reported daily over 100 years and data reported in four-hour intervals over a year. To create the point symbols, each value is plotted along the curve of a helix, with each turn of the helix representing one year or week, respectively. The model is modified by varying the radii from the time axis to all points using the attribute value, in these cases maximum daily temperature and four-hourly ridership, and then creating a triangulated surface from the resulting points. Using techniques common to terrain representation, we apply hue and saturation to the surface based on attribute values, and lightness based on relief shading. Multiple surfaces can be displayed in a space–time cube with a consistent time interval facing the viewer, and the surfaces or viewer perspective can be rotated to display synchronized variations. We see this method as one example of how cartographic design can refine or enhance operations in the space–time cube.     

Detection of spatio-temporal evolutions on multi-annual satellite image time series: A clustering based approach

The expansion of satellite technologies makes remote sensing data abundantly available. While the access to such data is no longer an issue, the analysis of this kind of data is still challenging and time consuming. In this paper, we present an object-oriented methodology designed to handle multi-annual Satellite Image Time Series (SITS). This method has the objective to automatically analyse a SITS to depict and characterize the dynamic of the areas (the way that the land cover of the areas evolve over time). First, it identifies the spatio-temporal entities (reference objects) to be tracked. Second, the evolution of such entities is described by means of a graph structure and finally it groups together spatio-temporal entities that evolve similarly. The analysis were performed on three study areas to highlight inter (among the study areas) and intra (inside a study area) similarity by following the evolution of the underlying phenomena. The analysis demonstrate the benefits of our methodology. Moreover, we also stress how an expert can exploit the extracted knowledge to pinpoint relevant landscape evolutions in the multi-annual time series and how to make connections among different study areas.