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14 pages, 6992 KiB  
Article
Development of Resource Map for Open-Loop Ground Source Heat Pump System Based on Heating and Cooling Experiments
by Tomoyuki Ohtani, Koji Soma and Ichiro Masaki
Appl. Sci. 2025, 15(16), 9195; https://doi.org/10.3390/app15169195 - 21 Aug 2025
Viewed by 40
Abstract
Resource maps for open-loop ground source heat pump (GSHP) systems were developed based on heating and cooling experiments to identify areas with potential for reduced operational costs. Experiments conducted at a public hall, where groundwater temperatures fluctuate seasonally, clarified the relationships between the [...] Read more.
Resource maps for open-loop ground source heat pump (GSHP) systems were developed based on heating and cooling experiments to identify areas with potential for reduced operational costs. Experiments conducted at a public hall, where groundwater temperatures fluctuate seasonally, clarified the relationships between the coefficient of performance (COP) of a heat pump and three key parameters: groundwater temperature, flow rate, and energy consumption. Multiple regression analysis produced equations for estimating the energy consumption of both the heat pump and the water pump. Results indicate that groundwater temperature influences the COP, increasing it by 0.07969 per °C during heating and decreasing it by 0.1721 per °C during cooling. These equations enable the estimation of energy consumption in open-loop systems from groundwater temperature, groundwater depth, and building type. Resource maps developed for the Nobi Plain in central Japan reveal that annual energy consumption is lower in the northwestern region, where groundwater temperatures are generally lower, except in marginal zones for hospitals and offices. Full article
(This article belongs to the Section Energy Science and Technology)
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17 pages, 15448 KiB  
Article
Evaluation and Improvement of Daylighting Performance with the Use of Light Shelves in Mosque Prayer Halls with a Dome Structure: A Comparative Study of Four Cases in Saudi Arabia
by Mohammed Alkhater, Muna Alsukkar and Yuehong Su
Buildings 2025, 15(16), 2826; https://doi.org/10.3390/buildings15162826 - 8 Aug 2025
Viewed by 261
Abstract
Daylighting plays a pivotal role in mosques, shaping their sacred atmosphere and enhancing the spiritual experience for worshippers. Beyond a mere architectural consideration, the integration of natural light into mosque design fundamentally influences the ambiance and functionality of these religious spaces. This study [...] Read more.
Daylighting plays a pivotal role in mosques, shaping their sacred atmosphere and enhancing the spiritual experience for worshippers. Beyond a mere architectural consideration, the integration of natural light into mosque design fundamentally influences the ambiance and functionality of these religious spaces. This study investigates the key factors that enhance daylight levels and visual comfort within prayer halls. It specifically evaluates illuminance levels, light distribution, and glare in four domed mosques located in Saudi Arabia. Field measurements were conducted beneath the domes of these prayer spaces, each featuring clerestory windows of varying forms and dimensions. Based on architectural specifications and material properties, daylight simulations and modeling were performed using the RADIANCE engine integrated with Grasshopper. The simulation results were validated against on-site illuminance measurements to ensure model accuracy and reliability. The primary objective was to assess whether the existing daylighting conditions comply with the recommended illuminance standards for reading and prayer, typically ranging from 150 to 500 lux. This study revealed that the illuminance levels in the central dome area exceeded the recommended values, reaching over 3000 lux. To improve daylight distribution, shading systems such as flat and curved shelves were added to the drum’s windows. This research concludes that the light shelves and vacuum double glazing significantly improved indoor daylight performance by preventing direct sunlight entry into the prayer hall and redirecting it towards the dome. This intervention successfully reduced excessive illuminance levels to a more optimal level of around 447–774 lux during the noon prayer period, ensuring a balanced and comfortable environment for worshippers. Full article
(This article belongs to the Section Building Energy, Physics, Environment, and Systems)
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37 pages, 7429 KiB  
Article
Study on the Influence of Window Size on the Thermal Comfort of Traditional One-Seal Dwellings (Yikeyin) in Kunming Under Natural Wind
by Yaoning Yang, Junfeng Yin, Jixiang Cai, Xinping Wang and Juncheng Zeng
Buildings 2025, 15(15), 2714; https://doi.org/10.3390/buildings15152714 - 1 Aug 2025
Viewed by 332
Abstract
Under the dual challenges of global energy crisis and climate change, the building sector, as a major carbon emitter consuming 33% of global primary energy, has seen its energy efficiency optimization become a critical pathway towards achieving carbon neutrality goals. The Window-to-Wall Ratio [...] Read more.
Under the dual challenges of global energy crisis and climate change, the building sector, as a major carbon emitter consuming 33% of global primary energy, has seen its energy efficiency optimization become a critical pathway towards achieving carbon neutrality goals. The Window-to-Wall Ratio (WWR), serving as a core parameter in building envelope design, directly influences building energy consumption, with its optimized design playing a decisive role in balancing natural daylighting, ventilation efficiency, and thermal comfort. This study focuses on the traditional One-Seal dwellings (Yikeyin) in Kunming, China, establishing a dynamic wind field-thermal environment coupled analysis framework to investigate the impact mechanism of window dimensions (WWR and aspect ratio) on indoor thermal comfort under natural wind conditions in transitional climate zones. Utilizing the Grasshopper platform integrated with Ladybug, Honeybee, and Butterfly plugins, we developed parametric models incorporating Kunming’s Energy Plus Weather meteorological data. EnergyPlus and OpenFOAM were employed, respectively, for building heat-moisture balance calculations and Computational Fluid Dynamic (CFD) simulations, with particular emphasis on analyzing the effects of varying WWR (0.05–0.20) on temperature-humidity, air velocity, and ventilation efficiency during typical winter and summer weeks. Key findings include, (1) in summer, the baseline scenario with WWR = 0.1 achieves a dynamic thermal-humidity balance (20.89–24.27 °C, 65.35–74.22%) through a “air-permeable but non-ventilative” strategy, though wing rooms show humidity-heat accumulation risks; increasing WWR to 0.15–0.2 enhances ventilation efficiency (2–3 times higher air changes) but causes a 4.5% humidity surge; (2) winter conditions with WWR ≥ 0.15 reduce wing room temperatures to 17.32 °C, approaching cold thresholds, while WWR = 0.05 mitigates heat loss but exacerbates humidity accumulation; (3) a symmetrical layout structurally constrains central ventilation, maintaining main halls air changes below one Air Change per Hour (ACH). The study proposes an optimized WWR range of 0.1–0.15 combined with asymmetric window opening strategies, providing quantitative guidance for validating the scientific value of vernacular architectural wisdom in low-energy design. Full article
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26 pages, 28926 KiB  
Article
Large Terrace Structure Unearthed in the Heart of the City Zone of Īśānapura: Could It Be the ‘Great Hall’ Described in the Book of Sui?
by Shimoda Ichita, Chan Vitharong and Chhum Menghong
Heritage 2025, 8(7), 258; https://doi.org/10.3390/heritage8070258 - 1 Jul 2025
Viewed by 361
Abstract
The archaeological complex of Sambor Prei Kuk is identified with Īśānapura, the capital of the Chenla Kingdom in the early 7th century, a political predecessor to the Angkor Empire. Previous studies have largely focused on the eastern temple zone, where numerous Hindu religious [...] Read more.
The archaeological complex of Sambor Prei Kuk is identified with Īśānapura, the capital of the Chenla Kingdom in the early 7th century, a political predecessor to the Angkor Empire. Previous studies have largely focused on the eastern temple zone, where numerous Hindu religious structures are concentrated, while the western moated city area—presumably the core of urban and political activity—has remained underexplored. This paper presents the results of recent archaeological excavations at a large central mound within the city zone, which is hypothesized to have functioned as a key administrative facility. The excavation revealed a large-scale and uniquely configured terraced structure, unprecedented within the site, and radiocarbon dating suggests its construction dates from the mid 6th to mid 7th century. Notably, a Chinese historical source from the same period, the Book of Sui, describes a “Great Hall” in Īśānapura where the king administered state affairs. The characteristics and spatial context of the excavated structure suggest a possible correspondence with this account. In addition, LiDAR-derived topographic data identified multiple linear and structural features extending eastward from the mound, indicating that it may have stood at the rear of a more extensive administrative compound. These findings offer new insights into the urban structure of Īśānapura and the political architecture of early Khmer civilization. Full article
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25 pages, 4696 KiB  
Article
Enhancing Photocatalytic Activity with the Substantial Optical Absorption of Bi2S3-SiO2-TiO2/TiO2 Nanotube Arrays for Azo Dye Wastewater Treatment
by Amal Abdulrahman, Zaina Algarni, Nejib Ghazouani, Saad Sh. Sammen, Abdelfattah Amari and Miklas Scholz
Water 2025, 17(13), 1875; https://doi.org/10.3390/w17131875 - 24 Jun 2025
Viewed by 754
Abstract
One-dimensional TiO2 nanotube arrays (TNAs) were vertically aligned and obtained via the electrochemical anodization method. In this study, Bi2S3-TiO2-SiO2/TNA heterojunction photocatalysts were successfully prepared with different amounts of Bismuth(III) sulfide (Bi2S3 [...] Read more.
One-dimensional TiO2 nanotube arrays (TNAs) were vertically aligned and obtained via the electrochemical anodization method. In this study, Bi2S3-TiO2-SiO2/TNA heterojunction photocatalysts were successfully prepared with different amounts of Bismuth(III) sulfide (Bi2S3) loading on the TNAs by the successive ionic layer adsorption and reaction (SILAR) method and characterized by X-ray diffraction (XRD) patterns, field-emission scanning electron microscope–energy-dispersive spectroscopy (FESEM-EDS), Fourier transform infrared (FTIR) spectra, ultraviolet-visible diffuse reflectance spectra (UV–Vis/DRS), and electrochemical impedance spectroscopy (EIS) techniques. The photocatalytic performances of the samples were investigated by degrading Basic Yellow 28 (BY 28) under visible-light irradiation. Optimization of the condition using the response surface methodology (RSM) and central composite rotatable design (CCRD) technique resulted in the degradation of BY 28 dye, showing that the catalyst with 9.6 mg/cm2 (designated as Bi2S3(9.6)-TiO2-SiO2/TNA) showed the maximum yield in the degradation process. The crystallite size of about 17.03 nm was estimated using the Williamson–Hall method. The band gap energies of TiO2-SiO2/TNA and Bi2S3(9.6)-TiO2-SiO2/TNA were determined at 3.27 and 1.87 eV for the direct electronic transitions, respectively. The EIS of the ternary system exhibited the smallest arc diameter, indicating an accelerated charge transfer rate that favors photocatalytic activity. Full article
(This article belongs to the Special Issue Global Water Resources Management)
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24 pages, 13383 KiB  
Article
A Study on the Inheritance and Differentiation of Spatial Forms of Vernacular Architecture in the Yunnan–Tibet Area
by Kua Wu, Haowei Wang, Heng Liu, Man Yin, Junhua Xu, Mingli Qiang and Yanwei Su
Buildings 2025, 15(12), 2087; https://doi.org/10.3390/buildings15122087 - 17 Jun 2025
Viewed by 392
Abstract
Vernacular architecture is a complex and living heritage type, and the study of the evolution laws of its spatial form is of great value to the conservation of architectural heritage diversity. Taking vernacular architecture in the Yunnan–Tibet area as the research object, based [...] Read more.
Vernacular architecture is a complex and living heritage type, and the study of the evolution laws of its spatial form is of great value to the conservation of architectural heritage diversity. Taking vernacular architecture in the Yunnan–Tibet area as the research object, based on the theory of spatial syntax, 30 building samples were subjected to global and local calculations of MD, IRRA, and NACH values, while the common characteristics among the samples were obtained by using Kendall’s W test, and the individual characteristics among the samples were obtained by using differentiation analysis. The results show that: (a) vernacular architecture in the Yunnan–Tibet area exhibits characteristics of multi-cluster branched centrality and spatial hierarchical layout; (b) these architectures possess four categories of inheritance factors: the privacy of granary spaces, the centrality of corridor spaces, the passability of breeding areas, and the independence of scripture hall spaces; (c) these architectures possess three categories of differentiation factors: the functional evolution of traditional spaces, the spatial reconstruction of breeding areas, and the “Toilet Revolution” driven by multiple forces. This study elucidates the regulatory role of cultural continuity in shaping the spatial forms of vernacular architecture, providing new evidence for analyzing the formation mechanisms of vernacular architecture in the Yunnan–Tibet area. Full article
(This article belongs to the Special Issue Built Heritage Conservation in the Twenty-First Century: 2nd Edition)
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21 pages, 2646 KiB  
Article
Evaluation of the Narrative Value and Experiential Quality of Urban Trails: A Case Study of the Southwest Regional Trail in Chongqing, China
by Zhongde Wang, Yuhan Liu, Ling Yang and Fanwei Meng
Sustainability 2025, 17(12), 5544; https://doi.org/10.3390/su17125544 - 16 Jun 2025
Viewed by 785
Abstract
Urban trails, as vital urban spaces that integrate historical context with contemporary life, play a central role in the rise of deep tourism and the “City Walk” phenomenon. Their spatial legibility positions them as distinctive narrative media, serving as a key channel for [...] Read more.
Urban trails, as vital urban spaces that integrate historical context with contemporary life, play a central role in the rise of deep tourism and the “City Walk” phenomenon. Their spatial legibility positions them as distinctive narrative media, serving as a key channel for promoting urban sustainable development and enhancing citizens’ sense of well-being. However, existing research has yet to establish a comprehensive and systematic framework for evaluating the “spatial narrative” of urban trail systems. This study proposes a dual-perspective quantitative framework for evaluating a spatial narrative, combining objective spatial dimensions with human experiential data to identify strengths and potentials for improvement. The Southwest Regional Trail in Chongqing (comprising the Zhongshan Fourth Road Section, People’s Assembly Hall Section, and Datianwan Section) was used as a case study. First, multi-source spatial data were analyzed via space syntax and ArcGIS to evaluate narrative value from an objective spatial perspective. Next, in-depth questionnaire interviews were conducted to collect subjective data, which were analyzed in SPSS to produce a structured analysis of participant feedback. The findings indicate that (1) Among the three sections of the Southwest Regional Trail, the narrative potential zones rank highest in the Zhongshan Fourth Road Section, followed by the People’s Assembly Hall Section and the Datianwan Section. (2) Urban trails characterized by rich narrative themes and cultural activities are more attractive to visitors. (3) The qualities of narrative symbols, routes, and educational elements are the key factors that specifically influence visitors’ satisfaction with the narrative experience on urban trails. Based on these results, we propose targeted planning and design recommendations for the Southwest Regional Trail. The evaluation methodology and process proposed in this study can provide references for design professionals and relevant urban development departments in conducting spatial narrative quantitative evaluations and optimizing sustainability place-making strategies. Full article
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23 pages, 2823 KiB  
Article
Cross-Cultural Responses to Digital Guides in Authoritarian Heritage: A Case Study of the Chiang Kai-Shek Memorial Hall
by Chan-Li Lin
Heritage 2025, 8(6), 201; https://doi.org/10.3390/heritage8060201 - 31 May 2025
Viewed by 721
Abstract
Over the past two decades, transitional justice has become a central concern in Taiwan’s cultural and political landscape. This study investigates how 1029 visitors from Taiwan, Sinophone regions (China, Hong Kong, Macau, Malaysia), and international backgrounds engage with digital interpretation systems at the [...] Read more.
Over the past two decades, transitional justice has become a central concern in Taiwan’s cultural and political landscape. This study investigates how 1029 visitors from Taiwan, Sinophone regions (China, Hong Kong, Macau, Malaysia), and international backgrounds engage with digital interpretation systems at the Chiang Kai-shek Memorial Hall (CKSMH)—a politically sensitive site associated with Taiwan’s authoritarian past. Using a mixed-methods approach combining surveys and qualitative responses, the study analyzes cross-cultural differences in visitor motivation, use of digital tools, perceived experiential value, satisfaction, and behavioral intention. Results show that international visitors reported higher levels of engagement and satisfaction, particularly in educational, esthetic, entertainment, and escapist dimensions. In contrast, Sinophone visitors expressed lower satisfaction and more frequent discomfort with the site’s historical narrative. Key factors such as language accessibility, cultural proximity, and usability influenced how visitors perceived the digital content. The findings suggest that interactive digital tools can support both cultural engagement and critical reflection while also revealing tensions in memory politics at sites of transitional justice. Full article
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17 pages, 4556 KiB  
Article
Acoustic Investigations of Two Barrel-Vaulted Halls: Sisto V in Naples and Aula Magna at the University of Parma
by Antonella Bevilacqua, Adriano Farina, Gino Iannace and Jessica Ferrari
Appl. Sci. 2025, 15(9), 5127; https://doi.org/10.3390/app15095127 - 5 May 2025
Viewed by 737
Abstract
The percentage of historical heritage buildings in Italy is substantial. Many of these buildings are abandoned or not adequately restored for public access due to safety concerns. However, some are managed by city councils and made available to local communities. These heritage buildings, [...] Read more.
The percentage of historical heritage buildings in Italy is substantial. Many of these buildings are abandoned or not adequately restored for public access due to safety concerns. However, some are managed by city councils and made available to local communities. These heritage buildings, valued for their historical significance, are now frequently used for live events, including musical performances by ensembles and small groups. This paper deals with the acoustics of two rooms provided with barrel-vaulted ceilings: Sisto V Hall in Naples and Aula Magna at the University of Parma. These spaces are structurally very similar, differing mainly in length. Acoustic measurements conducted in both halls reveal reverberation times of approximately 4.5 s at mid frequencies, resulting in poor speech clarity. This is primarily due to the presence of reflective surfaces, as the walls and ceilings are plastered, and the floors are tiled. To optimize their acoustic properties for functions such as celebrations, gatherings, and conferences, an acoustic design intervention was proposed. Digital models of the halls were calibrated and used to correct the acoustics by incorporating absorbing panels on the walls and carpeting on the floors of the central walk path. This treatment successfully balanced the reverberation time to approximately 1.3–1.4 s at mid frequencies, making speech more intelligible. Additionally, an amplified audio system was analyzed to enhance sound distribution, ensuring uniform coverage, even in the last rows of seating. Under amplified conditions, sound pressure levels (SPLs) range between 90 dB and 93 dB, with appropriate gain control applied to the column array speakers. Full article
(This article belongs to the Special Issue Architectural Acoustics: From Theory to Application)
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21 pages, 1093 KiB  
Article
Sugarcane Bioelectricity Supply in Brazil: A Regional Concentration and Structural Analysis
by Luiz Moreira Coelho Junior, Brunna Hillary Calixto de Oliveira, Ingryd Yohane Bezerra Almeida Santos, Vanessa Batista Schramm, Fernando Schramm, Felipe Firmino Diniz and Edvaldo Pereira Santos Júnior
Sustainability 2025, 17(9), 3780; https://doi.org/10.3390/su17093780 - 22 Apr 2025
Viewed by 750
Abstract
Sugarcane products come from agro-industrial biomass that is increasingly used in the Brazilian energy matrix, which is important for the sustainability and diversification of renewable energy sources. This article examines the concentration and structure of the supply of sugarcane bioelectricity in Brazil from [...] Read more.
Sugarcane products come from agro-industrial biomass that is increasingly used in the Brazilian energy matrix, which is important for the sustainability and diversification of renewable energy sources. This article examines the concentration and structure of the supply of sugarcane bioelectricity in Brazil from 1975 to 2023. It uses information on the quantity and cumulative licensed potential of sugarcane-based thermoelectric plants in operation, available from the National Electric Energy Agency (ANEEL) through its Generation Information System (SIGA). To measure regional concentration, the study considered geographical areas (large regions, states, intermediate regions and municipalities) using the following concentration indicators: the Concentration Ratio, Herfindahl–Hirschman Index, Theil Entropy, Comprehensive Concentration Index, and Hall–Tideman Index. The main results show a high concentration of sugarcane bioelectricity at regional and state levels, with a predominance in the Southeast-Central-West axis. During the period analyzed, the State of São Paulo remained the leader in terms of energy generated by sugarcane thermoelectric plants operating in Brazil. In the intermediate regions, the concentration was moderate, while at the municipal level, the concentration was low, indicating a highly competitive market. It can be concluded that the areas with the highest concentration are strategic for directing investments and guiding public policies for the sugarcane bioelectricity sector, which are priority locations for new opportunities. The identification of the most promising regions contributes to a more efficient development of the sector. Given that, a more equitable distribution of bioelectricity production across the country could enhance Brazil’s energy security, reduce regional vulnerabilities, and promote more resilient energy systems. Full article
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16 pages, 2756 KiB  
Article
Buddhist Third Places: A Note on the Sattal Structure in Nepal and Dharmasālā in Cambodia
by Pisith San and Shobhit Shakya
Religions 2025, 16(4), 478; https://doi.org/10.3390/rel16040478 - 8 Apr 2025
Viewed by 882
Abstract
This article discusses key historical architectural structures in Cambodia and Nepal—the dharmasālā of King Jayavarman VII (c. 1122–1218 CE) and sattal (also known as sattra) structure from Licchavi-era Nepal (c. 450–750 CE). These structures have served a variety of purposes for their [...] Read more.
This article discusses key historical architectural structures in Cambodia and Nepal—the dharmasālā of King Jayavarman VII (c. 1122–1218 CE) and sattal (also known as sattra) structure from Licchavi-era Nepal (c. 450–750 CE). These structures have served a variety of purposes for their local communities in the past and continue to fulfill similar roles even today. In historical Asian cities, the central role of these structures, which were evidently influenced by Buddhism, highlights the importance that the community infrastructure had within Buddhism. Such infrastructure not only brought communities together but also served the needs of the saṅgha. Mentions of halls as “mote halls” are not rare within the Buddhist literature either, with mentions of great assembly halls, or santhāgāra, where the members of the community gathered to discuss matters of social and political interest. A notable hall described in the Jātaka is Mahosadha’s great hall from Māhā-ummagga-jataka. These halls, which are central in the concept of urban settlements and their authority within the Buddhist idea of governance, are a form of community-oriented “commons” infrastructures that can be looked at as “third places” that foster action and speech for public participation in governance. This, we propose, should be seen as a crucial element of Buddhist governance. Full article
(This article belongs to the Section Religions and Health/Psychology/Social Sciences)
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21 pages, 8341 KiB  
Article
Flood Risk Management-Level Analysis of Subway Station Spaces
by Yan Li, Xinxin Xu, Shaoxuan Hou, Xin Dang, Zhuolun Li and Yongwei Gong
Water 2025, 17(7), 1084; https://doi.org/10.3390/w17071084 - 5 Apr 2025
Cited by 1 | Viewed by 840
Abstract
In recent years, heavy rainfall-induced flood incidents have occurred frequently in subway stations worldwide. Flooding in complex underground facilities, such as subway stations, can result in significant casualties and property damage. Therefore, it is crucial to determine flood risk management levels within subway [...] Read more.
In recent years, heavy rainfall-induced flood incidents have occurred frequently in subway stations worldwide. Flooding in complex underground facilities, such as subway stations, can result in significant casualties and property damage. Therefore, it is crucial to determine flood risk management levels within subway stations. This study proposes a comprehensive flood management-level evaluation method based on spatial network importance, spatial functional importance, and flood risk, focusing on the relationship between the complex spatial structure of subway stations and flood risk. The research integrates complex network theory and hydrodynamic simulation techniques to construct a spatial network model within subway stations, assessing the importance index of each subspace in the network. Simultaneously, the spatial functional importance index is calculated through quantitative analysis of different subspace functions. Additionally, the Volume of Fluid (VOF) model is used to simulate flood distribution, obtaining the flood risk index for each subspace. By applying the entropy weight method for comprehensive analysis, the flood risk management levels of various areas within the subway station are determined. The results indicate that among all evaluation indicators, the importance of the subway network is assigned the highest weight, accounting for 50%. Specifically, the spatial network importance of the S6 station hall, S11 station hall, and the connecting corridors between S1–S6 and S11–S6 exceeds 0.48, with these areas constituting 75% of the total subway station space. This highlights their central role in crowd flow and spatial connectivity. The study found that areas with a flood risk management level of five occupy 11.43% of the total space, indicating that prioritizing the management and flood prevention measures in critical areas is essential for enhancing the subway station’s resilience. This study provides both theoretical support and practical references for the risk management of subway station spaces. Full article
(This article belongs to the Special Issue Recent Advances in Flood Risk Assessment and Management)
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38 pages, 541 KiB  
Article
Monte Carlo Simulations for Resolving Verifiability Paradoxes in Forecast Risk Management and Corporate Treasury Applications
by Martin Pavlik and Grzegorz Michalski
Int. J. Financial Stud. 2025, 13(2), 49; https://doi.org/10.3390/ijfs13020049 - 1 Apr 2025
Viewed by 3899
Abstract
Forecast risk management is central to the financial management process. This study aims to apply Monte Carlo simulation to solve three classic probabilistic paradoxes and discuss their implementation in corporate financial management. The article presents Monte Carlo simulation as an advanced tool for [...] Read more.
Forecast risk management is central to the financial management process. This study aims to apply Monte Carlo simulation to solve three classic probabilistic paradoxes and discuss their implementation in corporate financial management. The article presents Monte Carlo simulation as an advanced tool for risk management in financial management processes. This method allows for a comprehensive risk analysis of financial forecasts, making it possible to assess potential errors in cash flow forecasts and predict the value of corporate treasury growth under various future scenarios. In the investment decision-making process, Monte Carlo simulation supports the evaluation of the effectiveness of financial projects by calculating the expected net value and identifying the risks associated with investments, allowing more informed decisions to be made in project implementation. The method is used in reducing cash flow volatility, which contributes to lowering the cost of capital and increasing the value of a company. Simulation also enables more accurate liquidity planning, including forecasting cash availability and determining appropriate financial reserves based on probability distributions. Monte Carlo also supports the management of credit and interest rate risk, enabling the simulation of the impact of various economic scenarios on a company’s financial obligations. In the context of strategic planning, the method is an extension of decision tree analysis, where subsequent decisions are made based on the results of earlier ones. Creating probabilistic models based on Monte Carlo simulations makes it possible to take into account random variables and their impact on key financial management indicators, such as free cash flow (FCF). Compared to traditional methods, Monte Carlo simulation offers a more detailed and precise approach to risk analysis and decision-making, providing companies with vital information for financial management under uncertainty. This article emphasizes that the use of Monte Carlo simulation in financial management not only enhances the effectiveness of risk management, but also supports the long-term growth of corporate value. The entire process of financial management is able to move into the future based on predicting future free cash flows discounted at the cost of capital. We used both numerical and analytical methods to solve veridical paradoxes. Veridical paradoxes are a type of paradox in which the result of the analysis is counterintuitive, but turns out to be true after careful examination. This means that although the initial reasoning may lead to a wrong conclusion, a correct mathematical or logical analysis confirms the correctness of the results. An example is Monty Hall’s problem, where the intuitive answer suggests an equal probability of success, while probabilistic analysis shows that changing the decision increases the chances of winning. We used Monte Carlo simulation as the numerical method. The following analytical methods were used: conditional probability, Bayes’ rule and Bayes’ rule with multiple conditions. We solved truth-type paradoxes and discovered why the Monty Hall problem was so widely discussed in the 1990s. We differentiated Monty Hall problems using different numbers of doors and prizes. Full article
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22 pages, 7230 KiB  
Article
Indra’s Palace on Mount Meru: A Study on the Design Philosophy of Wu Zetian’s Bright Hall
by Delu Wang
Religions 2024, 15(12), 1530; https://doi.org/10.3390/rel15121530 - 13 Dec 2024
Viewed by 3351
Abstract
Wu Zetian’s 武則天 Bright Hall 明堂 was an unprecedented structure, serving as both a political hub and a ceremonial center of the state, symbolizing the image of Wu Zetian’s regime. While it inherited some traditional design concepts, the core structure—such as the central [...] Read more.
Wu Zetian’s 武則天 Bright Hall 明堂 was an unprecedented structure, serving as both a political hub and a ceremonial center of the state, symbolizing the image of Wu Zetian’s regime. While it inherited some traditional design concepts, the core structure—such as the central pillar—differed significantly from earlier Bright Halls, aligning more closely with the Sudharmā Hall 善法堂 of the deity Indra in Buddhism. Furthermore, both the Bright Hall and the Sudharmā Hall were used for court gatherings and decision making, bearing the nature of the palace of heavenly gods. The high degree of similarity suggests that the design of Wu Zetian’s Bright Hall was likely modeled after the Sudharmā Hall. This design highlighted Wu Zetian’s identity as both the Pure Light Heavenly Maiden 淨光天女 and the Cakravartin 轉輪聖王, thereby reinforcing the political legitimacy and sanctity of her rule. The Bright Hall, together with the Celestial Pillar 天樞 which represented Mount Meru 須彌山 and the Heavenly Hall 天堂 symbolizing Tuṣita Heaven 兜率天, form a representation of Mount Meru’s cosmic landscape. Full article
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19 pages, 1440 KiB  
Article
Effects of Hall Current and Thermal Radiation on the Time-Dependent Swirling Flow of Hybrid Nanofluids over a Disk Surface: A Bayesian Regularization Artificial Neural Network Approach
by Faisal Nazir, Nirman Bhowmike, Muhammad Zahid, Sultan Shoaib, Yasar Amin and Saleem Shahid
AppliedMath 2024, 4(4), 1503-1521; https://doi.org/10.3390/appliedmath4040080 - 10 Dec 2024
Cited by 2 | Viewed by 1172
Abstract
For automobile and aerospace engineers, implementing Hall currents and thermal radiation in cooling systems helps increase the performance and durability of an engine. In the case of solar energy systems, the effectiveness of heat exchangers and solar collectors can be enhanced by the [...] Read more.
For automobile and aerospace engineers, implementing Hall currents and thermal radiation in cooling systems helps increase the performance and durability of an engine. In the case of solar energy systems, the effectiveness of heat exchangers and solar collectors can be enhanced by the best use of hybrid nanofluids and the implementation of a Hall current, thermophoresis, Brownian motion, a heat source/sink, and thermal radiation in a time-dependent hybrid nanofluid flow over a disk for a Bayesian regularization ANN backpropagation algorithm. In the current physical model of Cobalt ferrite CoFe2O4 and aluminum oxide Al2O3 mixed with water, a new category of the nanofluid is called the hybrid nanofluid. The study uses MATLAB bvp4c to unravel such intricate relations, transforming PDEs into ODEs. This analysis enables the numerical solution of several BVPs that govern the system of the given problem. Hall currents resulting from the interaction between magnetic fields and the electrically conducting nanofluid, and thermal radiation as an energy transfer mechanism operating through absorption and emission, are central factors for controlling these fluids for use in various fields. The graphical interpretation assists in demonstrating the character of new parameters. The heat source/sink parameter is advantageous to thermal layering, but using a high Schmidt number limits the mass transfer. Additionally, a backpropagation technique with Bayesian regularization is intended for solving ordinary differential equations. Training state, performance, error histograms, and regression demonstration are used to analyze the output of the neural network. In addition to this, there is a decrease in the fluid velocity as magnetic parameter values decrease and a rise in the fluid temperature while the disk is spinning. Thermal radiation adds another level to the thermal behavior by altering how the hybrid nanofluid receives, emits, and allows heat to pass through it. Full article
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