Title :
Analogies between quality improvement in multiphase electrical systems and financial markets
Author :
Arango, H. ; Domingues, Elder G. ; Policarpo, G.A.J. ; Hermeto, A.E.
Author_Institution :
Fed. sch. of Eng., EFEI, Itajuba, Brazil
Abstract :
The paper discusses a common framework for two apparently unrelated problems: one belonging to electric power quality, the other pertaining to financial science (portfolio theory). The analogy between such areas enlightens the approach to both of them, allowing the translation of useful concepts and definitions from one field to the other. The central point is the analogy between electrical phases and assets on the market.
Keywords :
finance; power supply quality; concept translation; electric power quality; financial market; financial science; loss minimization; market asset; multiphase electrical system; portfolio theory; quality improvement analogy; risk minimisation; Costs; Electric resistance; Portfolios; Power system modeling; Propagation losses; Risk management; Thermal engineering; Time domain analysis; Voltage;
Conference_Titel :
Harmonics and Quality of Power, 2002. 10th International Conference on
Print_ISBN :
0-7803-7671-4
DOI :
10.1109/ICHQP.2002.1221449
