Sharif Digital Repository

Many Middle-East countries, like Iran, have dynamic banking industries and have observed merger and acquisitions (M&A) waves. M&A waves are usually defined in the developed world context and some of their main drivers were identified as: market timing, environment's shocks, merger manias, government regulation and regulatory, and technological changes. It has been discussed that merger waves and their reasons are among the ten most important unsolved mysteries in the field of finance (Brealey and Myers, 1991, p. 923), and as a result of this, it was not possible to completely clarify the reasons behind emerging M&A waves, especially in developing countries; for this reason in these... 

This chapter aims at pointing out that how mergers and acquisitions (M&As) as popular strategies which they are based on external growth approach have affected the performance of banks and entrepreneurial orientation (EO) in the context of Iranian financial sector. In this regard, it has been tried to investigate in what way EO moderates the relationships between the performance of banks in one hand, and M&As on the other hand. For this goal, 114 participants including the top and middle managers of the Iranian banks were chosen to be closely considered. The research is an applied research and a cross-correlation methodology has been used to spotlight on the probable relationships between EO... 

This work, based on the standard unscented Kalman filter (UKF), proposes a modified UKF for highly non-linear stochastic systems, assuming that the associated probability distributions are normal. In the standard UKF with 2n + 1 sample points, the estimated mean and covariance match the true mean and covariance up to the third order, besides, there exists a scaling parameter that plays a crucial role in minimising the fourth-order errors. The proposed method consists of a computationally efficient formulation of the unscented transform that incorporates N - 1, N ≥ 2, constant parameters to scale 2n(N - 1) + 1 sample points such that the 2Nth order errors are minimised. The scaling parameters... 

This study deals with the problem of track-to-track fusion in a sensor network when the correlation terms between the estimates of the agents are unknown. The proposed method offers an upper bound for the optimal minimum variance fusion rule through construction of the correlation terms according to an optimisation scheme. In general, the upper bound filter provides an estimate that is more conservative than the optimal estimate generated by the minimum variance fusion rule, while at the same time is less conservative than one obtained by the widely used covariance intersection method. From the geometrical viewpoint, the upper bound filter results in the inscribed largest volume ellipsoid... 

This work describes an efficient technique to sequentially combine estimates resulting from individual sets of measurements provided by a network of satellites. The prescribed method is especially effective to estimate motion states of an uncooperative space object using range image data. The technique, which is fast and suitable for on-line applications, could also be effective to capture stray objects or those satellites that require periodic servicing. Such missions call for high degree of precision and reliable estimation methods. In fact, the proposed estimation architecture consists of a network of synchronized platforms, i.e., Observer Satellites (OS), each with processing power and... 

Nowadays, the world is facing a shortage of fresh water. Utilizing adsorbent materials to adsorb air moisture is a suitable method for producing freshwater, especially combining the adsorption desalination system with solar energy devices such as solar collectors. The low temperature of solar collectors has caused some water to remain in the adsorbents in the desorption process and has reduced the possibility of using these systems. In this research, for the first time, an evacuated tube collector (ETC) is used as an adsorbent bed so that the temperature of the desorption process reaches higher values and as a result, more fresh water is expected to produced. In this study, two adsorption... 

Damage to structures with the concept of inelastic behavior and consequently hysteresis energy is very close. Therefore, it can be said that hysteresis energy at these levels can be a significant criterion for designing or controlling the structure. In this research, the first three steel frames of 4, 8, and 12 floors with the medium bending frame system have been designed with the statically equivalent method according to valid international regulations; then, all frames have been subjected to nonlinear dynamic analysis by seven accelerometers. The purpose of this study is to investigate the distribution of damage, energy, relative displacement, roof displacement, and base shear in the... 

This study developed a groundwater sustainable management index including components of environmental, social, economic and institutional responsibility. Four significant indicators: integrated groundwater footprint, population density, percentage of groundwater used for agricultural and industrial sectors, and density of observation wells were adopted and executed for 443 of Iran’s aquifers. The results indicated that the groundwater sustainable management for 32% of Iran’s aquifers is poor–very poor, and this index is more sensitive to economic and social indicators. Finally, an inverse correlation was observed between the groundwater sustainable management index values and the coefficient... 

Synchronization among a set of networked nodes has attracted much attention in different fields. This paper thoroughly investigates linear formulation of the Kuramoto model, with and without frustration, for an arbitrarily weighted undirected network where all nodes may have different intrinsic frequencies. We develop a mathematical framework to estimate errors of the linear approximation for globally and locally coupled networks. We mathematically prove that the eigenvector corresponding to the largest eigenvalue of the network's Laplacian matrix is enough for examining synchrony alignment and that the functionality of this vector depends on the corresponding eigenvalue. Moreover, we prove... 

The molecular characteristics of Crocin (digentiobiosyl-8,8'-diapocarotene-8,8'-oate; C44H64O24), naturally occurring carotenoid pigment compound, such as: the ionization potential (I), electron affinity (A), electronegativity (χ), electrophicility (ω), and hardness have been calculated using Density Functional Theory (DFT) approach with B3LYP/6-31G(d,p) level of theory. The plots of Frontier Molecular Orbital and molecular electrostatic potential (MEP) for Crocin molecule along with the spin density distribution for its cation radical have been demonstrated. For the first time, we indicated the chemically active sites of the Crocin molecule by Fukui functions. Calculated components of... 

In this paper, we consider a special version of the well-known line-simplification problem for simplifying the boundary of a region illuminated by a point light source q, or its visibility polygon VP(q). In this simplification approach, we should take the position of q as an essential factor into account to determine the quality of the resulting simplification. For this purpose, we redefine the known distance- and area-distortion error criteria as the main simplification criteria to take into account the distance between the observer q and the boundary of VP(q). Based on this, we propose algorithms for simplifying VP(q). More precisely, we propose simplification algorithms of O(n2) and... 

Obtaining a reliable reservoir permeability map that is consistent with all available data is of great important for reservoir engineers. However, there is not enough core from existing wells to estimate the reservoir permeability directly but Well log data are more widely available. This study aims to model permeability within the reservoir while there is no enough data. In particular, we use artificial neural networks to estimate permeability using four input logs of sonic, gravity, porosity and neutron logs in six existing wells. In order to eliminate the correlated data, we have done Principal Component Analysis on selected input logs. Collocated cokriging is considered as a valuable... 

In this paper, we propose a method for maintaining the region visible from a moving point observer inside a planar scene. In this method, we check the observer position in discrete time-stamps to detect and apply changes to the visible or illuminated region of a moving point observer q, or VP(q). We efficiently maintain a list C(q) of edges in VP(q) which are subject to change during the motion. In each time-stamp that VP(q) is to be updated, we only refine and redraw the view against the edges of C(q) that indicate the positions of the visibility changes. We build an enriched representation of the visibility graph in a preprocessing step to apply the required updates on C(q) efficiently and... 

A new Zinc phosphating bath, which produces coatings at relatively lower temperatures within a reasonable time by using of chemical accelerators has been devised. Improvement of the bath performance by the addition of divalent cations like calcium, nickel has been studied. Bath formulation and operating conditions have been optimized by coating weight determinations. Stable samples of phosphating formulations with and without calcium and nickel salts were prepared and the structure and morphology of the phosphate coatings were determined by using X-ray diffraction (XRD) techniques, scanning electron microscopy. ASTMB117 salt spray test and electrochemical impedance spectroscopy (EIS) were... 

In this paper, we consider the problem of computing the visibility of a query point inside polygons with holes. The goal is to perform this computation efficiently per query considering the cost of the preprocessing phase. Our algorithm is based on solutions in [A.L.P. Bose, J.I. Munro, Efficient visibility queries in simple polygons, Computational Geometry: Theory and Applications 23 (3) (2002) 313-335] and [M.T.B. Aronov, L. Guibas, L. Zhang, Visibility queries and maintenance in simple polygons, Discrete and Computational Geometry 27 (4) (2002) 461-483] proposed for simple polygons. In our solution, the preprocessing is done in time O( n3logn) to construct a data structure of size O( n3).... 

In this paper, we consider the problem of computing the visibility of a query point inside polygons with holes. The goal is to perform this computation efficiently per query with more cost in the preprocessing phase. Our algorithm is based on solutions in [13] and [2] proposed for simple polygons. In our solution, the preprocessing is done in time O(n3 log(n)) to construct a data structure of size O(n3). It is then possible to report the visibility polygon of any query point q in time O((1 + h′) log n + |V(q)|), in which n and h are the number of the vertices and holes of the polygon respectively, |V(q)| is the size of the visibility polygon of q, and h′ is an output and preprocessing... 

In a recently published article by Backer [Opt. Express 27(21), 30308 (2019).], a computational inverse design method is developed for designing optical systems composed of multiple metasurfaces. The forward propagation model used in this method was a discretized version of the angular spectrum propagator described by Goodman [Introduction to Fourier Optics, 1996]. However, slight modifications are necessary to increase the accuracy of this inverse design method. This comment examines the accuracy of the results obtained by the above-mentioned method by a full-wave electromagnetic solver and explains the reason of their difference. Thereafter, slight modifications to the method proposed by...