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Expected Life-Time Utility and Hedging Demands in a Partially Observable Economy

This paper analyzes the expected life-time utility and the hedging demands in an exchange only, representative agent general equilibrium under incomplete information. We derive an expression for the investor's expected life-time utility, and analyze his hedging demands for intertemporal changes in the stochastic unobservable growth of the endowment process and the changing quality of information r

Palmitate-induced beta-cell dysfunction is associated with excessive NO pro-duction and is reversed by thiazolidinedione-mediated inhibition of GPR40 transduction mechanisms

Background: Type 2 diabetes often displays hyperlipidemia. We examined palmitate effects on pancreatic islet function in relation to FFA receptor GPR40, NO generation, insulin release, and the PPARgama agonistic thiazolidinedione, rosiglitazone. Principal findings: Rosiglitazone suppressed acute palmitate-stimulated GPR40-transduced PI hydrolysis in HEK293 cells and insulin release from MIN6c cell

Konsumtion av bekväma funktioner. Elanvändning i hushåll.

Gemensamt för både direkta och indirekta el-kunder är att de konsumerar en osynlig produkt, energi. Hushållen behöver inte vara intresserade av energi eller dess ursprungskälla, men väl de tjänster som energiföretagen kan bidra till att leverera. Man köper funktionen kall öl, varmt kaffe, rena kläder, ren kopp, lyssna på radio, se på TV, medan energiföretagen säljer den immateriella tjänsten och o

Multidimensional global extremum seeking via the DIRECT optimisation algorithm

DIRECT is a sample-based global optimisation method for Lipschitz continuous functions defined over compact multidimensional domains. This paper adapts the DIRECT method with a modified termination criterion for global extremum seeking control of multivariable dynamical plants. Finite-time semi-global practical convergence is established based on a periodic sampled-data control law, whose sampling