Data depth based support vector machines for predicting corporate bankruptcy

In financial distress analysis, the diagnosis of firms at risk for bankruptcy is crucial in preparing to hedge against any financial damage the at-risk firms stand to inflict. Some pre-alarm signals that indicate a potential financial crisis exist when a firm faces a default risk. Early studies on corporate bankruptcy prediction include parametric and nonparametric approaches, such as artificial intelligence (AI), for detecting pre-alarm signals. Among nonparametric techniques, the methods involving support vector machine (SVM) have shown potential in predicting corporate bankruptcy. We propose a hybrid method that combines data depths and nonlinear SVM for the prediction of corporate bankruptcy. We employed data depth functions to condense multivariate financial data with nonlinear and non-normal characteristics into one-dimensional space. The SVM method was introduced to classify the data points on a depth versus depth plot (DD-plot). Based on data set that records failed and non-failed manufacturing firms in Korea over 10 years, the empirical results demonstrated that the proposed method offers a higher level of accuracy in corporate bankruptcy prediction than existing methods. The proposed method is expected to provide a guidance in corporate investing for investors or other interested parties.     

Surface modification of silicone rubber by ion beam assisted deposition (IBAD) for improved biocompatibility

We studied the preparation of antimicrobial silicone rubbers of improved interfacial strength, which could be formed with the ion beam assisted deposition (IBAD) technique for coating metallic or inorganic materials (silver (Ag), Copper (Cu), and Hydroxyapatite(HAp)/TiO₂) on the silicone surface. Those coating materials provide high product safety as well as outstanding antimicrobial activity. The deposition methodology is composed of pre‐etching with oxygen gas, vaporizing the coating materials, and post‐treatment with Ar ion. With the evaporation of the coating materials, the Ar beam was focused on the substrate to assist deposition. It was found out that the ion assisting depositions in the IBAD process give a prominent enhancement in adhesion between silicone rubbers and coatings of Ag and Cu. The HAp/TiO₂ coating layer was easily dissolved in aqueous saline solution. All deposited layers display high antimicrobial activities against Staphlococcus aureus (ATCC 6538) and Escherichia coil (ATCC 25,922), showing 99.9% reduction of bacteria, respectively. In a cytotoxicity test, the Ag and HAp/TiO₂ coated silicone shows a decrease of cytotoxicity, while the Cu coating leads to a slight increase of cytotoxicity. The result on the surface modifications of silicone rubber will be employed in further study for applications of medical or rehabilitation devices. © 2005 Wiley Periodicals, Inc. J Appl Polym Sci 96: 1095–1101, 2005     

Effects of quenching mechanisms of carotenoids on the photosensitized oxidation of soybean oil

The effects of 0, 1.0 × 10”⁻⁵, 2.5 × 10⁻⁵, and 5.0 × 10⁻⁵ M β-apo-8'-carotenal, β-carotene, and canthaxanthin on the photooxidation of soybean oil in methylene chloride containing 3.3 × 10⁻⁹ M chlorophyll b were studied by measuring peroxide values and conjugated diene content. β-Apo-8'-carotenal, β-carotene, and canthaxanthin contain 10,11, and 13 conjugated double bonds, respectively. The peroxide values and conjugated diene contents of oils containing the carotenoids were significantly lower (P<0.05) than those of control oil containing no carotenoid. As the number of conjugated double bonds of the carotenoids increased, the peroxide values of soybean oils decreased significantly (P<0.05). The quenching mechanisms and kinetics of the carotenoids in the photosensitized oxidation of soybean oil were studied by measuring peroxide values. The steady-state kinetics study showed that carotenoids quenched singlet oxygen to reduce chlorophyll-sensitized photooxidation of soybean oil. The singlet-oxygen quenching rate constants ofβ- apo-8'-carotenal, β-carotene, and canthaxanthin were 3.06 × 10⁹, 4.60 × 10⁹, and 1.12 × 10¹⁰ M⁻¹sec⁻¹, respectively.     

Biomimetic Chitin–Silk Hybrids: An Optically Transparent Structural Platform for Wearable Devices and Advanced Electronics

The cuticles of insects and marine crustaceans are fascinating models for man‐made advanced functional composites. The excellent mechanical properties of these biological structures rest on the exquisite self‐assembly of natural ingredients, such as biominerals, polysaccharides, and proteins. Among them, the two commonly found building blocks in the model biocomposites are chitin nanofibers and silk‐like proteins with β‐sheet structure. Despite being wholly organic, the chitinous protein complex plays a key role for the biocomposites by contributing to the overall mechanical robustness and structural integrity. Moreover, the chitinous protein complex alone without biominerals is optically transparent (e.g., dragonfly wings), thereby making it a brilliant model material system for engineering applications where optical transparency is essentially required. Here, inspired by the chitinous protein complex of arthropods cuticles, an optically transparent biomimetic composite that hybridizes chitin nanofibers and silk fibroin (β‐sheet) is introduced, and its potential as a biocompatible structural platform for emerging wearable devices (e.g., smart contact lenses) and advanced displays (e.g., transparent plastic cover window) is demonstrated.     

Taming Charge Transport in Semiconducting Polymers with Branched Alkyl Side Chains

The solid‐state packing and polymer orientation relative to the substrate are key properties to control in order to achieve high charge carrier mobilities in organic field effect transistors (OFET). Intuitively, shorter side chains are expected to yield higher charge carrier mobilities because of a denser solid state packing motif and a higher ratio of charge transport moieties. However our findings suggest that the polymer chain orientation plays a crucial role in high‐performing diketopyrrolopyrrole‐based polymers. By synthesizing a series of DPP‐based polymers with different branched alkyl side chain lengths, it is shown that the polymer orientation depends on the branched alkyl chain lengths and that the highest carrier mobilities are obtained only if the polymer adopts a mixed face‐on/edge‐on orientation, which allows the formation of 3D carrier channels in an otherwise edge‐on‐oriented polymer chain network. Time‐of‐flight measurements performed on the various polymer films support this hypothesis by showing higher out‐of‐plane carrier mobilities for the partially face‐on‐oriented polymers. Additionally, a favorable morphology is mimicked by blending a face‐on polymer into an exclusively edge‐on oriented polymer, resulting in higher charge carrier mobilities and opening up a new avenue for the fabrication of high performing OFET devices.     

Cross-border transport infrastructure and aid policies

We investigate resource allocation concerning the provision of cross- border transport infrastructure, which is used for trade of goods between two neighboring countries. Since the level of infrastructure is sub-optimal under the circumstances that two governments choose the levels of infrastructure independently, we focus on the role of foreign aid to improve the efficiency of infrastructure provision. In this paper, we examine the welfare effects of aid policies, and show that aid can make both countries better off, i.e., Pareto improvement. Furthermore, Pareto improvement is more likely if the stage of development in recipient country is very low or sufficiently high.     

Intraosseous pressure and strain generated potential of cylindrical bone samples in the drained uniaxial condition for various loading rates

Cortical bone is a composite material consisting of a porous elastic solid and viscous fluid. It is well known that the intraosseous fluid circulates as a result of a bone fluid pressure gradient in the porous space of the cortical bone. When a time-dependent mechanical load is applied to the bone, intraosseous fluid flow occurs through the interconnected pore space in the bone. Bone fluid flow leads to a strain generated streaming potential (SGP). However, there is no experimental study on the relationship between the generation of intraosseous pressure and the SGP. The purpose of this study was to obtain the relationship between SGP and intraosseous pressure generations in cortical bone. In order to understand the issue, a drained, one-dimensional experimental setup for fluid-filled cortical bone samples with four different strain rates was used to simultaneously measure the intraosseous pressure and SGP. The results revealed a significant correlation (r = 0.98, p = 0.02) between the generation of the SGP and the intraosseous pressure, which indicates that an intraosseous pressure gradient produces a SGP in cortical bone.     

Improved biocomposite development of poly(vinyl alcohol) and hydroxyapatite for tissue engineering scaffold fabrication using selective laser sintering

In scaffold guided tissue engineering (TE), temporary three-dimensional scaffolds are essential to guide and support cell proliferation. Selective Laser Sintering (SLS) is studied for the development of such scaffolds by eliminating pore spatial control problems faced in conventional scaffolds fabrication methods. SLS offers good user control over the scaffold’s microstructures by adjusting its main processing parameters, namely the laser power, scan speed and part bed temperature. This research focuses on the improvements in the fabrication of TE scaffolds using SLS with powder biomaterials, namely hydroxyapatite (HA) and poly(vinyl alcohol) (PVA). Grinding of as-received PVA powder to varying particle sizes and two methods of mixing are investigated as the preparation process to determine a better mixing method that would enhance the mixture homogeneity. Suitable sintering conditions for the improved biocomposite are then achieved by varying the important process parameters such as laser power, scan speed and part bed temperature. SLS fabricated samples are characterized using Fourier Transform Infrared Spectrometer (FTIR) and Scanning Electron Microscope (SEM). FTIR results show that the grinding and sintering processes neither compromise the chemical composition of the PVA nor cause undue degradation. Visual analysis of the grinding, powder mixing and sintering effect are carried out with SEM. The SEM observations show improvements in the sintering effects. The favorable outcome ascertains PVA/HA biocomposite as a suitable material to be processed by SLS for TE scaffolds.     

Design of Parasitic Inductance Reduction in GaN Cascode FET for High‐Efficiency Operation

This paper presents a method of parasitic inductance reduction for high‐speed switching and high‐efficiency operation of a cascode structure with a low‐voltage enhancement‐mode silicon (Si) metal–oxide–semiconductor field‐effect transistor (MOSFET) and a high‐voltage depletion‐mode gallium nitride (GaN) field‐effect transistor (FET). The method is proposed to add a bonding wire interconnected between the source electrode of the Si MOSFET and the gate electrode of the GaN FET in a conventional cascode structure package to reduce the most critical inductance, which provides the major switching loss for a high switching speed and high efficiency. From the measured results of the proposed and conventional GaN cascode FETs, the rising and falling times of the proposed GaN cascode FET were up to 3.4% and 8.0% faster than those of the conventional GaN cascode FET, respectively, under measurement conditions of 30 V and 5 A. During the rising and falling times, the energy losses of the proposed GaN cascode FET were up to 0.3% and 6.7% lower than those of the conventional GaN cascode FET, respectively.     

Carbon speciation of diesel exhaust and urban particulate matter NIST standard reference materials with C(1s) NEXAFS spectroscopy

The U.S. National Institute of Standards and Technology (NIST) provides a number of particulate matter (PM) standard reference materials (SRM) for use in environmental and toxicological methodology and research. We present here the first analysis with respect to the molecular structure of the carbon in three such NIST SRM samples, i.e., diesel engine exhaust soot from heavy duty equipment engines (SRM 1650), diesel soot from a forklift engine (SRM 2975), and urban PM collected in St. Louis, MO (SRM 1648), with near-edge X-ray absorption fine structure (NEXAFS) spectroscopy. The NEXAFS spectra of the two diesel soot samples appear quite similar, while they differ significantly from the urban PM spectrum, in agreement with X-ray diffraction data published recently. Such comparison is made in terms of aromatic and aliphatic carbon species, as well as by a general comparison with graphitic materials. Both diesel soot SRM samples contain basic graphitic structures, but the presence of exciton resonance and extended X-ray absorption fine structure oscillations in SRM 1650 and the lack therof in SRM 2975 suggest that SRM 1650 is the more graphitic material.The presence of polycyclic aromatic hydrocarbons, which have a characteristic NEXAFS resonance at the same position as graphite, can obscure the graphitic character of soot, unless an extraction of the organic matter is made. Our NEXAFS data do not suggest that the urban PM sample SRM 1648 contains a substantial amount of graphite-like material.