Publication Library

Publication Library

AN ANALYTIC SOLUTION FOR ASSET ALLOCATION WITH A MULTIVARIATE LAPLACE DISTRIBUTION

Description: In this short note the theory for multi-variate asset allocation with elliptically symmetric distributions of returns, as developed in the authors prior work, is specialized to the case of returns drawn from a multi-variate Laplace distribution. This analysis delivers a result closely, but not perfectly, consistent with the conjecture presented in the author’s article Thinking Differently About Asset Allocation. The principal differences are due to the introduction of a term in the dimensionality of the problem, which was omitted from the conjectured solution, and a re-scaling of the variance due to varying parameterizations of the univariate Laplace distribution.

Created At: 14 December 2024

Updated At: 14 December 2024

MID A Comprehensive Shore-Based Dataset for Multi-Scale Dense Ship Occlusion and Interaction Scenarios

Description: See: https://github.com/VirtualNew/MID_DataSet. This paper introduces the Maritime Ship Navigation Behavior Dataset (MID), designed to address challenges in ship detection within complex maritime environments using Oriented Bounding Boxes (OBB). MID contains 5,673 images with 135,884 finely annotated target instances, supporting both supervised and semi-supervised learning. It features diverse maritime scenarios such as ship encounters under varying weather, docking maneuvers, small target clustering, and partial occlusions, filling critical gaps in datasets like HRSID, SSDD, and NWPU-10. MID's images are sourced from high-definition video clips of real-world navigation across 43 water areas, with varied weather and lighting conditions (e.g., rain, fog). Manually curated annotations enhance the dataset's variety, ensuring its applicability to real-world demands in busy ports and dense maritime regions. This diversity equips models trained on MID to better handle complex, dynamic environments, supporting advancements in maritime situational awareness. To validate MID's utility, we evaluated 10 detection algorithms, providing an in-depth analysis of the dataset, detection results from various models, and a comparative study of baseline algorithms, with a focus on handling occlusions and dense target clusters. The results highlight MID's potential to drive innovation in intelligent maritime traffic monitoring and autonomous navigation systems.

Created At: 13 December 2024

Updated At: 13 December 2024

Managing health insurance using blockchain technology

Description: Health insurance plays a significant role in ensuring quality healthcare. In response to the escalating costs of the medical industry, the demand for health insurance is soaring. Additionally, those with health insurance are more likely to receive preventative care than those without health insurance. However, from granting health insurance to delivering services to insured individuals, the health insurance industry faces numerous obstacles. Fraudulent actions, false claims, a lack of transparency and data privacy, reliance on human effort and dishonesty from consumers, healthcare professionals, or even the insurer party itself, are the most common and important hurdles towards success. Given these constraints, this chapter briefly covers the most immediate concerns in the health insurance industry and provides insight into how blockchain technology integration can contribute to resolving these issues. This chapter finishes by highlighting existing limitations as well as potential future directions.

Created At: 13 December 2024

Updated At: 13 December 2024

A Systematic Literature Review on the Use of Blockchain Technology in Transition to a Circular Economy

Description: The circular economy has the potential to increase resource efficiency and minimize waste through the 4R framework of reducing, reusing, recycling, and recovering. Blockchain technology is currently considered a valuable aid in the transition to a circular economy. Its decentralized and tamper-resistant nature enables the construction of transparent and secure supply chain management systems, thereby improving product accountability and traceability. However, the full potential of blockchain technology in circular economy models will not be realized until a number of concerns, including scalability, interoperability, data protection, and regulatory and legal issues, are addressed. More research and stakeholder participation are required to overcome these limitations and achieve the benefits of blockchain technology in promoting a circular economy. This article presents a systematic literature review (SLR) that identified industry use cases for blockchain-driven circular economy models and offered architectures to minimize resource consumption, prices, and inefficiencies while encouraging the reuse, recycling, and recovery of end-of-life products. Three main outcomes emerged from our review of 41 documents, which included scholarly publications, Twitter-linked information, and Google results. The relationship between blockchain and the 4R framework for circular economy; discussion the terminology and various forms of blockchain and circular economy; and identification of the challenges and obstacles that blockchain technology may face in enabling a circular economy. This research shows how blockchain technology can help with the transition to a circular economy. Yet, it emphasizes the importance of additional study and stakeholder participation to overcome potential hurdles and obstacles in implementing blockchain-driven circular economy models.

Created At: 13 December 2024

Updated At: 13 December 2024

HIST-AID Leveraging Historical Patient Reports for Enhanced Multi-Modal Automatic Diagnosis

Description: Chest X-ray imaging is a widely accessible and non-invasive diagnostic tool for detecting thoracic abnormalities. While numerous AI models assist radiologists in interpreting these images, most overlook patients' historical data. To bridge this gap, we introduce Temporal MIMIC dataset, which integrates five years of patient history, including radiographic scans and reports from MIMIC-CXR and MIMIC-IV, encompassing 12,221 patients and thirteen pathologies. Building on this, we present HIST-AID, a framework that enhances automatic diagnostic accuracy using historical reports. HIST-AID emulates the radiologist's comprehensive approach, leveraging historical data to improve diagnostic accuracy. Our experiments demonstrate significant improvements, with AUROC increasing by 6.56% and AUPRC by 9.51% compared to models that rely solely on radiographic scans. These gains were consistently observed across diverse demographic groups, including variations in gender, age, and racial categories. We show that while recent data boost performance, older data may reduce accuracy due to changes in patient conditions. Our work paves the potential of incorporating historical data for more reliable automatic diagnosis, providing critical support for clinical decision-making.

Created At: 13 December 2024

Updated At: 13 December 2024

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