Privacy-preserving Top-K Query in Two-tiered Wireless Sensor Networks

Size: px
Start display at page:

Download "Privacy-preserving Top-K Query in Two-tiered Wireless Sensor Networks"

Transcription

1 Prvacy-preservng Top-K Query n Two-ered Wreless Sensor Neworks 1,2 Yongle Yao, 1,2 L Ma, 1,2 Jnga Lu 1 Jangsu Engneerng Cener o Nework Monorng, Nanjng Unversy o Inormaon Scence & Technology, Nanjng, Chna 2 School o Compuer and Soware, Nanjng Unversy o Inormaon Scence & Technology, Nanjng, Chna {ylyao, mal, jlu}@nus.edu.cn Absrac In a wo-ered wreless sensor nework, sorage nodes ac as an nermedae er beween sensors and he snk or sorng daa and processng queres. Ths archecure has been wdely adoped because o he benes o power and sorage savng or sensors as well as he ecency o query processng. On he oher hand, he mporance o sorage nodes also makes hem aracve arges or compromse. A compromsed sorage node may leak sensve normaon and breach daa prvacy. In hs paper, we propose a prvacy-preservng proocol specalzng or op-k queres ha prevens aackers rom ganng sensve normaon rom sensor colleced daa. To preserve prvacy, an orderpreservng encrypon s employed o encryp sensor daa such ha a sorage node can correcly process op-k queres over encryped daa whou knowng her acual values. Dealed heorecal and quanave resuls conrm he hgh ecacy and ecency o he proposed scheme. 1. Inroducon Keywords: Two-ered WSNs, Sorage node, Prvacy, Top-k query Wreless sensor neworks (WSNs) have been deployed or varous applcaons such as mlary arge rackng, envronmen sensng, and healh monorng, ec.. In hs paper, we consder a woered sensor nework archecure [1], as shown n Fg. 1. The lower er comprses a large number o resource-consraned sensor nodes, whle he upper er conans ewer relavely resource-rch sorage nodes. Sensor nodes are manly responsble or sensng asks, whle sorage nodes gaher daa rom nearby sensor nodes, sore he daa and answer queres rom he snk o he nework. The ncluson o sorage nodes n hs wo-ered archecure brngs hree man benes. Frs, sensors save power by sendng colleced daa o her closes sorage node nsead o sendng hem o he long-roued snk. Second, sensors can be memory lmed because daa are manly sored on sorage nodes. Thrd, query processng becomes more ecen because he snk only communcaes wh sorage nodes or queres. Fgure 1. A wo-ered sensor archecure However, he ncluson o and relance on sorage nodes or daa sorage and query processng also brngs serous secury challenges. A compromsed sorage node mposes sgncan hreas o a sensor Inernaonal Journal o Advancemens n Compung Technology(IJACT) Volume4, Number6, Aprl 2012 do: /jac.vol4.ssue

2 nework. For example, a compromsed sorage node n a healh monorng WSN may leak normaon abou people o an unauhorzed pary and breach daa prvacy. Query processng becomes problemac end-o-end prvacy beween sensors and he snk s requred. A WSN may need o suppor many ypes o daa queres, and secure query processng n wo-ered sensor neworks has receved aenon only recenly. Prvacy-preservng range queres [4,5,6] have been well addressed. However, remans an open challenge o proec prvacy o oher mporan ypes o daa queres commonly seen n sensor neworks, e.g., op-k queres [8]. A op-k query asks or daa ems whose numerc arbues are among he k hghes. An example s Reurn he paen daa whose blood pressure s among he 5 hghes beween 4pm and 5pm. Provdng prvacy proecon or op-k queres n a wo-ered sensor nework s a challengng ask. Answerng any op-k query requres global normaon o all he daa generaed n he query regon. However, he only eny wh access o such normaon s he maser node, whch mgh have been compromsed and wll leak sensve normaon. In hs paper, we propose a novel prvacy-preservng op-k query proocol or wo-ered sensor neworks. The basc buldng block o our prvacy preservng scheme s an order preservng encrypon scheme, named OPES[9], whch was proposed by Agrawal, e al. or daabase encrypon. To preserve prvacy, daa colleced by sensors are encryped by OPES, such ha a sorage node can correcly process op-k queres,.e., compare encryped daa, whou knowng her acual values. An aacker can oban sensve daa sored n he sorage node, even he sorage node s compromsed. Fnally, we evaluae our soluons by comprehensve smulaon, whch conrms ha OPES acheves he energy benes when used o suppor secure comparson operaons over he encryped values. The res o hs paper s srucured as ollows. Secon Ⅱ gves a bre revew o he relaed work. Secon III descrbes he sysem model and he secury model, and Secon IV nroduces he reerence order preservng encrypon scheme, OPES, proposed n [9]. In secon V, we presen our prvacypreservng daa sorage scheme and query proocol. We evaluae he perormance o our approach n Secon VI and conclude hs paper n Secon VII. 2. Relaed work Prvacy and negry preservng range queres n wo-ered WSNs have drawn aenon recenly [4,5,6]. In [4], Sheng and L propose a scheme whch s based on he buckeng echnque [10] o preserve he prvacy o range queres n sensor neworks. Ths approach may ncur unnecessarly communcaon overhead n even-drven WSN applcaons. So Sh e al. propose an opmzed verson o reduce he communcaon cos beween sensors and sorage nodes [5]. In her approach, each sensor uses a b map o represen whch buckes have daa and broadcass s b map o he nearby sensors. Each sensor aaches he b maps receved rom ohers o s own daa ems and encryps hem ogeher. The snk veres query resul compleeness or a sensor by exang he b maps rom s nearby sensors. However, he bucke paronng echnque employed n [4, 5]allows compromsed sorage nodes o oban a reasonable esmaon on he acual value o boh daa ems and queres [11]. Chen e al. propose SaeQ, a secure and ecen query processng proocol [6]. They use prex membershp vercaon scheme o encode boh daa and queres such ha a sorage node can correcly process encoded queres over encoded daa whou knowng her values. However, SaeQ ocuses on range queres, whle our approach specalzes or Top-k queres. In [7], Zhang e al. presen hree schemes wh whch he nework owner can very he auhency and compleeness o ne-graned op-k query resul reurned by a sorage node. However, prvacy-preservng ssue s no addressed. In conras, proecng he prvacy o sensve daa when queres are processed a sorage nodes s our man desgn goal. In sensor neworks, secure daa aggregaon [3, 12-17] s a smlar opc o our work. Daa aggregaon has been pu orward as an essenal paradgm n sensor neworks o reduce communcaon overhead. However, whou prvacy proecon measures, adversares can monor and njec alse daa no he nework. Many schemes, ncludng schemes based on algebrac properes o polynomals and addon [12], secre perurbaon-based schemes[13], Hop-by-Hop encrypon[14], and Homomorphc encrypon [3, 16, 17], have been proposed o address he prvacy problem n daa aggregaon. However, hese works manly ocus on daa aggregaon or lnear aggregaon uncons, such as addon and average. Research eors on 227

3 more general nonlnear aggregaon uncons have been lmed, wh he excepon o work n [15], whch ocuses on Max/Mn aggregaon uncon, whle we address he prvacy ssue or op-k query. Oher secury measures, such as proecon o acual sensed daa [2], are proposed by researchers. However, hese measures address deren problems, as we address he prvacy proecon ssue n op-k query n ered WSNs. 3. Models 3.1. Nework model We consder a wo-ered sensor nework as shown n Fg. 1, whch consss o hree ypes o nodes: sensors, sorage nodes, and a snk. The nework regon s paroned no physcal cells, each conanng a sorage node n charge o mulple sensor nodes n ha cell. We assume ha a cell conans a mos N sensor nodes. Sensors are nexpensve sensng devces wh lmed sorage, compuaon, and power. Every sensor collecs envronmenal daa values n a xed rae and perodcally subms he daa o a sorage node whch s n charge o he cell ha he sensor les n. Sorage nodes are assumed o have abundan resources n sorage, energy and compuaon. The snk s he pon o conac or users o he sensor nework. I ranslaes a queson rom a user no mulple queres and hen dsseaes he queres o he correspondng sorage nodes, whch process he queres based on her daa and reurn he query resuls o he snk. The snk unes he query resuls rom mulple sorage nodes no he nal answer and sends back o he user. We assume ha all sensor nodes and sorage nodes are loosely synchronzed wh he snk, and dene a me slo as he xed nerval me beween wo daa submssons, n whch a sensor wll collec l daa ems. As all sensors are synchronzed, The daa messages rom sensor s o a sorage node s a 3-uple (,, {d 1, d 2, d l }), where s he sensor ID, s he sequence number o he me slo, and {d 1, d 2, d l } are he l daa ems colleced by sensor s n me slo. In addon, we assume ha all sensor nodes are assumed o ollow he same dsrbuon over he sensed values. Whou loss o generaly, we assume ha each sensor daa em s an neger ha alls whn a lmed range. Noe ha, even hough some daa (e.g., emperaure, blood pressure, nosness, ec.) may no be neger n s orgnal orm, hey can be ransormed o negers. We urher assume ha he queres sen by he snk o sorage nodes are op-k queres. A query ndng he op-k daa ems colleced a me slo s denoed as: (Slo=) (Num=k) 3.2. Adversary Model We assume ha he adversary wans o oban he sensve daa normaon rom he sensor nework, whch volaes daa prvacy. Leakng valuable daa s a crcal hrea n many applcaons, such as healh monorng applcaons. We also assume ha he sensors and he snk are rused bu he sorage nodes are no. For example, n a healh monorng sensor nework, sensor nodes are under he conrol o paens and he snk s under conrol o a docor, whle sorage nodes are unaended. As a resul, sorage nodes could be easly compromsed by an adversary, or example, a people who sells medcne, o oban sensve daa or he sake o medcne sellng. In addon, we use he hones bu curous [18] hrea model, where a sorage node may aemp o break prvacy bu ahully ollows he proocol speccaon durng daa sorage and query processng. Ths hrea model s approprae because sensors deployed by a common auhory can collaborae o ulll a ceran ask and be rused o ollow he proocol. Our mehod ams o preserve prvacy under he hones bu curous aack model so ha even sorage nodes canno easly oban sensor nodes sensve daa. 4. An order preservng encrypon scheme R. Agrawal e al. propose OPES[9], an order preservng encrypon scheme ha allows comparson operaons o be drecly appled on encryped daa. The basc dea o OPES s o ake as npu a user- 228

4 provded arge dsrbuon, T, and ransorm he planex values n such a way ha he ransormaon preserves he order whle he ransormed values ollow he arge dsrbuon. Even hough he npu dsrbuons were very deren, he dsrbuon o encryped values looks dencal. As a resul, he naure o he planex dsrbuon, P, can no be nerred rom he encryped values. So OPES s secure agans gh esmaon exposure aack. As descrbed n [9], OPES works n hree sages: Model: The npu dsrbuon P and he arge dsrbuons T are modeled as pecewse lnear splnes. Flaen: The planex dsrbuon P s ransormed no a la dsrbuon F such ha he values n F are unormly dsrbued. Transorm: The la dsrbuon F s ransormed no he cpher dsrbuon C such ha he values n C are dsrbued accordng o he chosen arge dsrbuon. In he modelng phase, daa values are rs paroned no buckes, wh each bucke represened by he bucke boundares [p l, p h ). Then he dsrbuon whn each bucke s modeled as a lnear splne, whch s smply he lne connecng he denses a he wo end-pons o he bucke. Obvously, we have m buckes, we need o sore m + 1 boundares. In he Flaenng phase, a planex bucke B s mapped no a bucke B n he laened space n such a way ha he densy n he laened bucke and over all buckes wll be unorm. OPES noces ha a dsrbuon over [0, p h ) has he densy uncon qp + r, where p [0, p h ), hen or any consan z > 0, he mappng uncon q 2 M ( p) z( p p) (1) 2r wll yeld a unormly dsrbued se o values. S = q/2r s called he quadrac coecen, one or each bucke. A deren scale acor z s used or deren buckes, o make he ner-bucke densy unorm as well. 2 z n/( sw w) (2) W s he wdh o he bucke, n s he number o pons n he bucke, and λ s he maxmum o mum o he predced laened bucke wdhs. The m + 1 bucke boundares, he m quadrac coecens, and he m scale acors are sored n a daa srucure K, whch s used o laen new planex values, and also o unlaen a laened value. Thus K serves he uncon o he encrypon key. Represen he domans o he planex dsrbuon P and he dsrbuon F as [p, p max ) and [, m max ) respecvely. Noe ha max w 1, where w M( w). W s he lengh o planex bucke B and w s he lengh o correspondng la bucke. For a planex value p B, s mapped no he la value usng he equaon: 1 1 j j j 1 j 1 (3) w M ( p p w ) The nverse mappng o la value o planex s accomplshed by j j j 1 j 1 (4) p p w M ( w ) 1 2 M ( ) ( z ( z 4 zs ))/2zs (5) Ou o he wo possble values orm M -1, only one wll be whn he bucke boundary. In he ransorg phase, a unormly dsrbued se o laened values s mapped no he arge dsrbuon T. An equvalen way o hnkng abou he problem s ha we wan o laen he arge dsrbuon no a unorm dsrbuon, whle ensurng ha he obaned dsrbuon lnes-up wh he unorm dsrbuon yelded by laenng he planex dsrbuon. 229

5 The arge dsrbuon s buckezed no a se o buckes, { B1, B2..., B u}, ndependen o he buckezaon o he planex dsrbuon. For every bucke B o lengh w, we also ge he mappng uncon M and he assocaed parameers s and z. 2 z n /( s ( w ) w ) (6) s smlar o n he prevous case. Le B ˆ be he bucke n he la space correspondng o he bucke B,wh lengh w ˆ. We also have buckes { B1, B2,... B m} rom laenng he planex dsrbuon, and B has lengh w. We wan he range o he wo la dsrbuons o be equal. To algn he laened planex dsrbuon and he laened arge dsrbuon, a scalng acor L s compued: m 1 1 L ( w )/( wˆ ) (7) So he lengh o he cpher bucke B c correspondng o he arge bucke B s gven by w c Lw and he lengh o he scaled laened arge bucke B s gven by w Lwˆ. Fnally, he mappng uncon M c or mappng values rom he bucke B c o he la bucke B s c c dened by quadrac coecen s s / L and scale acor z z.the bucke boundares, and or each bucke he quadrac coecen z c and he scale acor sc are sored n he daa srucure K c. I [c, c max ) s he doman o cpherexs, hen a la value rom he bucke mapped no cpher value c usng he equaon: Where 1 1 c c 1 j j 1 j 1 c c w ( M ) ( w ) B can now be (8) c 1 2 ( ) ( ) ( 4 )/2 M z z sz zs (9) Only one o he wo possble values wll le whn he cpher bucke. A cpher value c rom he bucke s mapped no a la value usng he equaon: 5. Sorage scheme and query proocol 1 1 c c j j j 1 j 1 (10) w M ( c c w ) In presence o he prevously nroduced passve aacker model, we propose applyng OPES o proec daa prvacy n op-k query processng. Beore submng daa o a sorage node, a sensor wll encryp s daa usng OPES. Because OPES s an order-preservng encrypon scheme and allows comparson operaon o be drecly appled on encryped daa, sorage nodes can process op-k queres whou decrypon. As a resul, prvacy s preserved n an end-o-end manner Nework Predeploymen Durng he predeploymen sage o a sensor nework, he snk wll compue varous o parameers o OPES. Beore he deploymen o he sensors, he snk wll have access o a sample o P sensed values, p 1 <p 2 < <p p, whch s called he npu dsrbuon. The npu dsrbuon s paroned no m buckes, and he dsrbuon whn each bucke s modeled as a lnear splne. Then each planex bucke B s mapped o a laened bucke B. The snk sores he m + 1 bucke boundares, he m quadrac coecens, and he m scale acors n he daa srucure K. 230

6 Then he snk chooses a arge dsrbuon, and buckezes he arge dsrbuon no u buckes, n a manner ha s ndependen o he buckezaon o he planex dsrbuon. Each arge bucke B s also mapped o a laen bucke B ˆ.Then he arge dsrbuon and he laened arge dsrbuon are scaled n such a way ha, he wdh o he unorm dsrbuon generaed by laenng he scaled arge dsrbuon becomes equal o he wdh o he unorm dsrbuon generaed by laenng he planex dsrbuon. The snk sores he u + 1 bucke boundares, he u quadrac coecens, and he u scale acors n he daa srucure K c. As he nal sep, he snk uploads wo keys, K and K c, ono each sensor, whch wll ncur some exra space overhead. Perormance analyss: In he prdeploymen phase, he snk wll model he planex and arge dsrbuon, compue laened bucke boundares, and compue he scale acor and quadrac coecen or each bucke. These asks nvolve some compuaonally nensve operaons. In [9], he overhead s measured. Forunaely, hese cosly operaons are perormed only once durng he predeploymen sage by he snk, whch has vrually unlmed power and compuaon. The encrypon key wll be uploaded ono each sensor nodes, whch conans a se o bucke boundares, a quadrac coecen and a scale acor or each bucke. So he sze o he encrypon key depends on he number o buckes, and he memory overhead would be (3m + 1) 32, assug oally m buckes and 32 bs or each o hese values. As shown n [9], even or a daase wh 10 mllon values, he number o buckes requred s no more han 200; or Unorm dsrbuon, he number o buckes needed was less han 10. Even wh 200 buckes, he encrypon key can be jus a ew KB n sze, whch s aordable or sensor nodes. Because o he laenng operaons, he sze o cpherex wll depend on skew n he p planex and arge dsrbuons. Dene g o be he smalles gap beween sored values n p he planex, and g max as he larges gap. In he laenng sage, he gap beween all he values need o be unormed. As a resul, smaller gaps need o be expanded o he larges one, resulng p p p p n a ncrease o gmax / g n sze or log( gmax / g ) exra bs. Smlarly, le g and g max be he smalles and larges gaps n he arge dsrbuon, here s a mos p p p log( gmax / g ) ncrease n bs. Le G denoes gmax / g and G g max / g, hen he exra number o bs needed by he cpherex n he wors case can be approxmaed as p log G log G. Even hough he maxmum gap s 2 16 mes more han he mum gap or each dsrbuon, he resulng ncrease n cpherex sze wll be only 4 byes, whch s a moderae ncrease n sze Prvacy-Preservng Sorage To proec sensve normaon, sensor daa can be dsclosed o sorage nodes. For hs purpose, sorng planex daa on sorage nodes s no desrable. Insead, each sensor mus encryp he daa usng OPES beore submng hem o he sorage nodes. In a me slo, a sensor nodes colleed a mos l daa ems. Frsly, or each planex daa em, he sensor perorms a search over he m + 1 bucke boundares sored n K o deere he bucke or, and convers o s correspondng la value usng equaon (1) and (3). Then, he la value s convered no a cpher value usng equaon (9) and (8). Fnally, he sensor node subms all encryped values, c 1, c 2, c l, o a sorage node. Perormance analyss: Encrypon wll ncur some exra compuaon overhead compared o sendng planex daa whou prvacy preservng. To nd whch bucke a planex value alls, a sensor perorms a search operaon, whch nvolves log(m+1) comparsons. For he mappng uncon descrbed n equaon (1), as z and s are sored n he encrypon key, he compuaon cos or mappng nvolves 3 mulplcaons and 1 231

7 addon. For he encrypon uncon as s descrbed n equaon (3), by precompung 1 1 ( w ) and ( p w ), he compuaon cos or encrypon nvolves 2 j 1 j j 1 j mulplcaons and 2 addons. For he mappng uncon descrbed n equaon (9), by precompung zs and z 2, he compuaon cos or nvolves 1 mulplcaon, 2 addons, 1 square-roo and 1 dvson. The compuaon cos or equaon (9) s he same as equaon (3). So he oal cos o encrypon or one daa em nvolves 8 mulplcaons, 7 addons, 1 square-roo, 1 dvson and log(m+1) comparsons. Wh prvacy proecon, exra communcaon cos s also ncurred n daa submsson. The cos o sensor IDs and slo me number are no consdered, because hey have o be submed even whou our scheme. In our approach, exra coss manly arse rom he ncrease n cpherex sze, whch s p p approxmaed as (log( g max / g ) log( g max / g )) * l bs n he wors case, where l denoes he number o daa ems Query processng When recevng query <, k>, a sorage node wll process hs query based on N messages receved rom all sensors n s cell a me slo, wh l encryped daa ems n each message. As daa ems are encryped usng OPES, an order preservng encrypon scheme, decrypon s no requred. All ha he sorage node needs o do s o sor all he encryped Nl daa ems and reurn he op-k ones o he snk. Perormance analyss: Wh a ecen sor algorhm, a sorage node needs o perorm 2*(Nl)log(Nl) comparsons n he wors case. Exra communcaon cos wll be ncurred because o recevng cpherex daa rom sensor nods and sendng query resul o he snk, compared o recevng and sendng planex daa n a scheme p p whou prvacy proecon. There are approxmaely (log( g / g ) log( g / g )) * Nl bs wll be p p max max max max receved and (log( g / g ) log( g / g )) * k bs sen, n he wors case Query resul processng When recevng a query resul rom a sorage node, he snk needs o decryp all he k daa ems usng equaon (4) and (10), whch nvolves some compuaonally nensve operaons. However, as he snk has vrually unlmed power and compuaon, hese operaons have no mpac on he leme o he sensor nework. 6. Perormance evaluaon In hs secon, we use numercal resuls o evaluae he perormance o he proposed prvacy proecon schemes. As no pror work ocused on he prvacy ssue or op-k query n ered sensor neworks, we compare our scheme wh a scheme whou prvacy proecon, whch represens he sae-o-he-ar, o evaluae he mpac o our scheme on a sensor nework. Communcaon and compuaon consumpons are measured or boh sensor daa submsson and query processng a sorage nodes. We don measure he exra cos consumed by he snk, as he snk s resource-rch such ha has no mpac on leme o he sensor nework. We conduc he expermens on he sensor MICAz, wh 16 bs planex values. We assume ha a cell conans a sorage node and 10 sensor nodes, and he average dsance beween a sensor node and he maser node s 1 hop, or smplcy. 232

8 6.1. Compuaon cos We measure he compuaon cos n erms o energy consumpon. Two exra compuaon coss are ncurred by our proecon scheme. Frs, durng he perodcal daa repor, sensors need o encryp daa ems, whch wll ncur exra compuaon cos compared o a scheme whou prvacy proecon. In hs smulaon, we vary he number o buckes, m, rom 10 o 200, o es he mpac o m on perormance o sensor nodes when encrypng one daa em. Fg. 2(a) shows how m nluences he compuaon cos o a sensor node n erms o energy consumpon. As shown n he gure, power consumpon ncreases when m s ncreasng. Ths s due o he ac ha he ncreasng number o buckes wll resul n he ncrease n comparson when searchng or whch bucke a value alls n. However, even wh 200 buckes, he ncrease n power consumpon ncurred by encrypon s relavely small (less han 10 uj), whch has lle mpac on he leme o a sensor node. Power consumpon(uj) m (a) Daa submsson Power consumpon(uj) Fgure 2. Compuaon cos Processng Planex Processng OPES clpherex G p G (b) Query processng Second, durng query process, n order o search or he op-k daa em, sorage nodes need o sor all he Nl daa ems receved rom N sensor nodes. Because he sze o cpherex s larger han planex, cpherex sorng also ncur some exra coss. In hs evaluaon, we x N and l, boh o be 10, and vary G p G rom 2 0 o 2 32, o compare he power consumpon o processng planex and cpherex. As Fg. 2(b) shows, n a scheme whou prvacy proecon, he sorage node only need o compare 32-b planex daa ems, whch consumes abou 19 uj energy. In conras, he ncrease o G p G rom 2 0 o 2 32 resuls n exra cos n cpherex processng. However, he exra cos n erm o power consumpon s small. Even G p G reaches o 2 32, he exra cos s less han 20 uj Communcaon Cos We also measure he communcaon cos n erms o energy consumpon. In he daa submsson process, sensor nodes need o send cpherex daa, nsead o planex daa n a scheme whou prvacy proecon, whch wll ncur exra communcaon cos, because o he ncrease n he sze o cpherex. Fg. 3(a) shows he derence n power consumpon beween sendng a planex daa em and a cpherex daa em, varyng G p G rom 2 0 o As G p G grows, he power consumpon o a sensor node or sendng a planex daa s consan, whch s less han 200 uj, whle ha or sendng a cpherex daa em ncreases. Ths s undersandable, because when G p G ncreases, he number o bs n a cpherex daa em also ncreases accordngly. The resul shown n Fg. 3(a) s conssen wh he prevous analyss ha OPES encrypon brngs O(LOG(G p G )) exra bs n cpherex sze. Bu he exra cos ncurred by our scheme s relavely small, whch s abou 200 uj a mos. Whn a cell, a he end o each me slo, he sorage node wll receve l encryped daa ems rom each sensor. In addon, aer he query processng s nshed, he sorage node wll send o he snk he query resul, k encryped daa ems. As he sze o cpherex daa s larger han planex daa, hs

9 daa recevng and sendng process a sorage nodes wll ncur some exra communcaon coss. In hs evaluaon, we x k o be 5 and assume he number o hops beween a sensor node and a sorage node s 1, o es how he OPES encrypon wll aec he power consumpon on communcaon or sorage nodes. Fg. 3(b) shows he numercal resul. The power consumpon n a scheme whou prvacy scheme s consan, whch s abou 2200 uj. However, wh he ncrease o G p G, he sze o cpherex become larger. As a resul, he power consumpon n ransmng hese cpherex wll grow. The exra cos s a lle large, approxmaely 2000 o 5000 uj, because a sorage receves daa ems rom all sensors whn he cell. However, snce sorage nodes are usually resource-rch, hs wll no hrea he leme o he sensor nework. Power Consumpon(uj) Sendng planex Sendng OPES cpherex Power consumpon(uj) Transmng Planex Transmng OPES clpherex G p G (a) Daa submsson 2000 Fgure 3. Communcaon cos G p G (b) Sorage communcaon 6.3. Resul summary The expermenal resuls show ha, or sensor nodes, he compuaon and communcaon coss o our scheme only ncrease moderaely compared o a scheme whou prvacy proecon, even wh a large number o buckes and a bg derence beween he smalles gap and he larges gap n boh planex and arge dsrbuon. In addon, he absolue amoun o power consumpon s relavely small. Ths ndcaes ha OPES-based prvacy proecon scheme has lle mpac on he leme o sensor baeres. For sorage nodes, n query processng, he power consumpon or compuaon cos s relavely small, whle ha or communcaon cos s large. However, snce sorage nodes are usually resourcerch, our scheme wll no hrea he leme o he sensor nework. The resul s undersandable. In OPES, mos o he compuaonally nensve operaons are perormed a he snk node, whch has vrually unlmed power and compuaon. When he sensor neworks are deployed, he memory, compuaon and communcaon overhead on sensor nodes s reasonable. 7. Concluson Preservng he prvacy o sensve daa n n-nework query processng s an mporan problem n sensor nework applcaon. In hs paper, we propose a novel scheme or handlng op-k queres n wo-ered sensor neworks n a prvacy-preservng manner. An order preservng encrypon scheme, namely OPES, s employed o encryp daa ems beore submng o sorage nodes. Because OPES allows comparson operaon o be drecly appled on encryped daa, sorage nodes can process op-k queres whou decrypon. As a resul, prvacy s preserved n an end-o-end manner. We also presen he algorhm, analyss, and smulaon resuls on our scheme. As he uure work, we nend o exend our scheme o suppor boh prvacy and negry proecon. 234

10 8. Acknowledgmen Ths work was suppored n par by he Naural Scence Foundaon o he Jangsu Hgher Educaon Insuons o Chna under grans 09KJB520008, and A Projec Funded by he Prory Academc Program Developmen o Jangsu Hger Educaon Insuons (PAPD). We would also lke o hank anonymous revewers or her consrucve commens and helpul advce. 9. Reerences [1] O. Gnawal, K.-Y. Jang, J. Paek, M. Vera, R. Govndan, B. Greensen, A. Jok, D. Esrn, and E. Kohler, The ene archecure or ered sensor neworks, n ACM SenSys 06, pp , 2006 [2] Imanshmwe Jean de Deu, Jn Wang, Muhammad Fahm, Sungyoung Lee, Young-Koo Lee, "E- EDPPS: Enhanced an Energy-ecen Daa Prvacy Proecon Scheme or Wreless Sensor Neworks", Journal o IJACT, AICIT, Vol. 3, No. 5, pp. 8 ~ 19, 2011 [3] Vvaksha Jarwala, Devesh Jnwala, "Evaluang Homomorphc Encrypon Algorhms or Prvacy n Wreless Sensor Neworks", Journal o IJACT, AICIT, Vol. 3, No. 6, pp. 215 ~ 223, 2011 [4] B. Sheng and Q. L, Verable prvacy-preservng range query n wo-ered sensor neworks, n Proc. IEEE INFOCOM, pp , [5] J.Sh, R. Zhang, and Y. Zhang, A Spaoemporal Approach or Secure Range Queres n Tered Sensor Neworks, IEEE Trans. Wreless Communcaons, 10(1), pp , 2011 [6] F. Chen, Alex X. Lu, SaeQ: Secure and Ecen Query Processng n Sensor Neworks, n Proc. IEEE INFOCOM, pp , 2010 [7] R. Zhang, J. Sh, Y. Lu, and Y. Zhang, Verable Fne-Graned Top-k Queres n Tered Sensor Neworks, n Proc. IEEE INFOCOM, pp , 2010 [8] A. S. Slbersen, R. Braynard, C. Ells, K. Munagala, and J. Yang, A samplng-based approach o opmzng op-k queres n sensor neworks, n Proc. ICDE, p. 68, 2006 [9] R. Agrawal, J. Kernan, R. Srkan, and Y. Xu. Order preservng encrypon or numerc daa. In proc. ACM SIGMOD, pp , [10] H. Hacgumus, B. R. Iyer, C. L, and S. Mehrora, Execung SQL over encryped daa n he daabase servce provder model, n Proc. ACM SIGMOD, pp , 2002 [11] B. Hore, S. Mehrora, and G. Tsudk, A prvacy-preservng ndex or range queres, n Proc. 30h VLDB, pp , 2004 [12] W. He, X. Lu, H. Nguyen, K. Nahrsed, and T. Abdelzaher, PDA: Prvacy-preservng daa aggregaon n wreless sensor neworks, n Proc. IEEE INFOCOM, 2007 [13] T. Feng, C. Wang, W. Zhang, and L. Ruan, Condenaly proecon schemes or daa aggregaon n sensor neworks, n Proc. IEEE INFOCOM, pp , 2008 [14] Y. Yang, X. Wang, S. Zhu, and G. Cao, SDAP: A secure hop-by-hop daa aggregaon proocol or sensor neworks, ACM Trans. In. Sys. Secur., vol. 11, pp. 18:1 18:43, [15] Mchael M. Groa, Wenbo Hey and Sephane Forres, "KIPDA: k-indsngushable Prvacypreservng Daa Aggregaon n Wreless Sensor Neworks", n Proc. IEEE INFOCOM, pp , [16] C. Casellucca, E. Mykleun, and G. Tsudk, Ecen aggregaon o encryped daa n wreless sensor neworks. In Proc. MobQuous, pp , 2005 [17] D. Wesho, J. Grao, and M. Acharya, Concealed Daa Aggregaon or Reverse Mulcas Trac n Sensor Neworks: Encrypon, Key Dsrbuon, and Roung Adapaon, IEEE Trans. Moble Compung, 5(10), pp , [18] O. Goldrech, Foundaons o Crypography: Volume 2, Basc Applcaons. New York, NY, USA: Cambrdge Unversy Press,

Normal Random Variable and its discriminant functions

Normal Random Variable and its discriminant functions Normal Random Varable and s dscrmnan funcons Oulne Normal Random Varable Properes Dscrmnan funcons Why Normal Random Varables? Analycally racable Works well when observaon comes form a corruped sngle prooype

More information

Network Security Risk Assessment Based on Node Correlation

Network Security Risk Assessment Based on Node Correlation Journal of Physcs: Conference Seres PAPER OPE ACCESS ewor Secury Rs Assessmen Based on ode Correlaon To ce hs arcle: Zengguang Wang e al 2018 J. Phys.: Conf. Ser. 1069 012073 Vew he arcle onlne for updaes

More information

FITTING EXPONENTIAL MODELS TO DATA Supplement to Unit 9C MATH Q(t) = Q 0 (1 + r) t. Q(t) = Q 0 a t,

FITTING EXPONENTIAL MODELS TO DATA Supplement to Unit 9C MATH Q(t) = Q 0 (1 + r) t. Q(t) = Q 0 a t, FITTING EXPONENTIAL MODELS TO DATA Supplemen o Un 9C MATH 01 In he handou we wll learn how o fnd an exponenal model for daa ha s gven and use o make predcons. We wll also revew how o calculae he SSE and

More information

SkyCube Computation over Wireless Sensor Networks Based on Extended Skylines

SkyCube Computation over Wireless Sensor Networks Based on Extended Skylines Proceedngs of he 2010 IEEE Inernaonal Conference on Informaon and Auomaon June 20-23, Harbn, Chna SkyCube Compuaon over Wreless Sensor Neworks Based on Exended Skylnes Zhqong Wang 1, Zhyue Wang 2, Junchang

More information

A valuation model of credit-rating linked coupon bond based on a structural model

A valuation model of credit-rating linked coupon bond based on a structural model Compuaonal Fnance and s Applcaons II 247 A valuaon model of cred-rang lnked coupon bond based on a srucural model K. Yahag & K. Myazak The Unversy of Elecro-Communcaons, Japan Absrac A cred-lnked coupon

More information

The Financial System. Instructor: Prof. Menzie Chinn UW Madison

The Financial System. Instructor: Prof. Menzie Chinn UW Madison Economcs 435 The Fnancal Sysem (2/13/13) Insrucor: Prof. Menze Chnn UW Madson Sprng 2013 Fuure Value and Presen Value If he presen value s $100 and he neres rae s 5%, hen he fuure value one year from now

More information

Mind the class weight bias: weighted maximum mean discrepancy for unsupervised domain adaptation. Hongliang Yan 2017/06/21

Mind the class weight bias: weighted maximum mean discrepancy for unsupervised domain adaptation. Hongliang Yan 2017/06/21 nd he class wegh bas: weghed maxmum mean dscrepancy for unsupervsed doman adapaon Honglang Yan 207/06/2 Doman Adapaon Problem: Tranng and es ses are relaed bu under dfferen dsrbuons. Tranng (Source) DA

More information

Deriving Reservoir Operating Rules via Fuzzy Regression and ANFIS

Deriving Reservoir Operating Rules via Fuzzy Regression and ANFIS Dervng Reservor Operang Rules va Fuzzy Regresson and ANFIS S. J. Mousav K. Ponnambalam and F. Karray Deparmen of Cvl Engneerng Deparmen of Sysems Desgn Engneerng Unversy of Scence and Technology Unversy

More information

American basket and spread options. with a simple binomial tree

American basket and spread options. with a simple binomial tree Amercan baske and spread opons wh a smple bnomal ree Svelana orovkova Vre Unverse Amserdam Jon work wh Ferry Permana acheler congress, Torono, June 22-26, 2010 1 Movaon Commody, currency baskes conss of

More information

Chain-linking and seasonal adjustment of the quarterly national accounts

Chain-linking and seasonal adjustment of the quarterly national accounts Sascs Denmark Naonal Accouns 6 July 00 Chan-lnkng and seasonal adjusmen of he uarerly naonal accouns The mehod of chan-lnkng he uarerly naonal accouns was changed wh he revsed complaon of daa hrd uarer

More information

Floating rate securities

Floating rate securities Caps and Swaps Floang rae secures Coupon paymens are rese perodcally accordng o some reference rae. reference rae + ndex spread e.g. -monh LIBOR + 00 bass pons (posve ndex spread 5-year Treasury yeld 90

More information

Estimation of Optimal Tax Level on Pesticides Use and its

Estimation of Optimal Tax Level on Pesticides Use and its 64 Bulgaran Journal of Agrculural Scence, 8 (No 5 0, 64-650 Agrculural Academy Esmaon of Opmal Ta Level on Pescdes Use and s Impac on Agrculure N. Ivanova,. Soyanova and P. Mshev Unversy of Naonal and

More information

Steganography in Inactive Frames of VoIP Streams Encoded by Source Codec

Steganography in Inactive Frames of VoIP Streams Encoded by Source Codec Seganography n Inacve Frames o VoIP Sreams Encoded by Source Codec Y. F. Huang, Shanyu Tang, and Jan Yuan, Senor Member, IEEE Absrac Ths paper descrbes a novel hgh capacy seganography algorhm or embeddng

More information

UNN: A Neural Network for uncertain data classification

UNN: A Neural Network for uncertain data classification UNN: A Neural Nework for unceran daa classfcaon Jaq Ge, and Yun Xa, Deparmen of Compuer and Informaon Scence, Indana Unversy Purdue Unversy, Indanapols, USA {jaqge, yxa }@cs.upu.edu Absrac. Ths paper proposes

More information

Section 6 Short Sales, Yield Curves, Duration, Immunization, Etc.

Section 6 Short Sales, Yield Curves, Duration, Immunization, Etc. More Tuoral a www.lledumbdocor.com age 1 of 9 Secon 6 Shor Sales, Yeld Curves, Duraon, Immunzaon, Ec. Shor Sales: Suppose you beleve ha Company X s sock s overprced. You would ceranly no buy any of Company

More information

An Improved Scheme for Range Queries on Encrypted Data

An Improved Scheme for Range Queries on Encrypted Data Inernaonal Worshop on Cloud Compung and Informaon Secury (CCIS 03 An Improved Scheme for Range Queres on Encryped Daa Ye Xong, Dau Gu, Hanng Lu Lab of Crypography and Compuer Secury Shangha Jao Tong Unversy

More information

PFAS: A Resource-Performance-Fluctuation-Aware Workflow Scheduling Algorithm for Grid Computing

PFAS: A Resource-Performance-Fluctuation-Aware Workflow Scheduling Algorithm for Grid Computing PFAS: A Resource-Performance-Flucuaon-Aware Workflow Schedulng Algorhm for Grd Compung Fangpeng Dong and Selm G. Akl School of Compung, Queen's Unversy Kngson, ON Canada, K7L N6 {dong, akl}@cs.queensu.ca

More information

Lab 10 OLS Regressions II

Lab 10 OLS Regressions II Lab 10 OLS Regressons II Ths lab wll cover how o perform a smple OLS regresson usng dfferen funconal forms. LAB 10 QUICK VIEW Non-lnear relaonshps beween varables nclude: o Log-Ln: o Ln-Log: o Log-Log:

More information

The Virtual Machine Resource Allocation based on Service Features in Cloud Computing Environment

The Virtual Machine Resource Allocation based on Service Features in Cloud Computing Environment Send Orders for Reprns o reprns@benhamscence.ae The Open Cybernecs & Sysemcs Journal, 2015, 9, 639-647 639 Open Access The Vrual Machne Resource Allocaon based on Servce Feaures n Cloud Compung Envronmen

More information

Accuracy of the intelligent dynamic models of relational fuzzy cognitive maps

Accuracy of the intelligent dynamic models of relational fuzzy cognitive maps Compuer Applcaons n Elecrcal Engneerng Accuracy of he nellgen dynamc models of relaonal fuzzy cognve maps Aleksander Jasrebow, Grzegorz Słoń Kelce Unversy of Technology 25-314 Kelce, Al. Tysącleca P. P.

More information

Correlation of default

Correlation of default efaul Correlaon Correlaon of defaul If Oblgor A s cred qualy deeroraes, how well does he cred qualy of Oblgor B correlae o Oblgor A? Some emprcal observaons are efaul correlaons are general low hough hey

More information

Hardware-Assisted High-Efficiency Ray Casting of Unstructured Time-Varying Flows Using Temporal Coherence

Hardware-Assisted High-Efficiency Ray Casting of Unstructured Time-Varying Flows Using Temporal Coherence Hardware-Asssed Hgh-Effcency Ray Casng of Unsrucured Tme-Varyng Flows Usng Temporal Coherence Qanl Ma, Lang Zeng, Huaxun Xu, Wenke Wang, Skun L Absrac Advances n compuaonal power are enablng hgh-precson

More information

Prediction of Oil Demand Based on Time Series Decomposition Method Nan MA * and Yong LIU

Prediction of Oil Demand Based on Time Series Decomposition Method Nan MA * and Yong LIU 2017 2nd Inernaonal Conference on Sofware, Mulmeda and Communcaon Engneerng (SMCE 2017) ISBN: 978-1-60595-458-5 Predcon of Ol Demand Based on Tme Seres Decomposon Mehod Nan MA * and Yong LIU College of

More information

SOCIETY OF ACTUARIES FINANCIAL MATHEMATICS. EXAM FM SAMPLE SOLUTIONS Interest Theory

SOCIETY OF ACTUARIES FINANCIAL MATHEMATICS. EXAM FM SAMPLE SOLUTIONS Interest Theory SOCIETY OF ACTUARIES EXAM FM FINANCIAL MATHEMATICS EXAM FM SAMPLE SOLUTIONS Ineres Theory Ths page ndcaes changes made o Sudy Noe FM-09-05. January 4, 04: Quesons and soluons 58 60 were added. June, 04

More information

Bandwidth Tracing Arbitration Algorithm for Mixed-Clock SoC with Dynamic Priority Adaptation

Bandwidth Tracing Arbitration Algorithm for Mixed-Clock SoC with Dynamic Priority Adaptation Bandwdh Tracng Arbraon Algorhm or Mxed-Clock SoC wh Dynamc Prory Adapaon Young-Su Kwon VLSI Sysems Lab. KAIST GuSeong-Dong, YuSong-Gu, Daejeon Tel : 042-862-6411 Fax : 042-862-6410 E-mal : yskwon@vslab.kas.ac.kr

More information

An Inclusion-Exclusion Algorithm for Network Reliability with Minimal Cutsets

An Inclusion-Exclusion Algorithm for Network Reliability with Minimal Cutsets Amercan Journal of ompuaonal Mahemacs, 202, 2, 6-20 hp://dxdoorg/0426/acm2022404 Publshed Onlne December 202 (hp://wwwscrporg/ournal/acm) An Incluson-Excluson Algorhm for ework Relably wh Mnmal uses Yan-Ru

More information

EXPLOITING GEOMETRICAL NODE LOCATION FOR IMPROVING SPATIAL REUSE IN SINR-BASED STDMA MULTI-HOP LINK SCHEDULING ALGORITHM

EXPLOITING GEOMETRICAL NODE LOCATION FOR IMPROVING SPATIAL REUSE IN SINR-BASED STDMA MULTI-HOP LINK SCHEDULING ALGORITHM Inernaonal Journal of Technology (2015) 1: 53 62 ISSN 2086 9614 IJTech 2015 EXLOITING GEOMETRICAL NODE LOCATION FOR IMROVING SATIAL REUSE IN SINR-BASED STDMA MULTI-HO LINK SCHEDULING ALGORITHM Nachwan

More information

Tax Dispute Resolution and Taxpayer Screening

Tax Dispute Resolution and Taxpayer Screening DISCUSSION PAPER March 2016 No. 73 Tax Dspue Resoluon and Taxpayer Screenng Hdek SATO* Faculy of Economcs, Kyushu Sangyo Unversy ----- *E-Mal: hsao@p.kyusan-u.ac.jp Tax Dspue Resoluon and Taxpayer Screenng

More information

Online Technical Appendix: Estimation Details. Following Netzer, Lattin and Srinivasan (2005), the model parameters to be estimated

Online Technical Appendix: Estimation Details. Following Netzer, Lattin and Srinivasan (2005), the model parameters to be estimated Onlne Techncal Appendx: Esmaon Deals Followng Nezer, an and Srnvasan 005, he model parameers o be esmaed can be dvded no hree pars: he fxed effecs governng he evaluaon, ncdence, and laen erence componens

More information

Numerical Evaluation of European Option on a Non Dividend Paying Stock

Numerical Evaluation of European Option on a Non Dividend Paying Stock Inernaonal Journal of Compuaonal cence and Mahemacs. IN 0974-389 olume Number 3 (00) pp. 6--66 Inernaonal Research Publcaon House hp://www.rphouse.com Numercal Evaluaon of European Opon on a Non Dvdend

More information

Baoding, Hebei, China. *Corresponding author

Baoding, Hebei, China. *Corresponding author 2016 3 rd Inernaonal Conference on Economcs and Managemen (ICEM 2016) ISBN: 978-1-60595-368-7 Research on he Applcably of Fama-French Three-Facor Model of Elecrc Power Indusry n Chnese Sock Marke Yeld

More information

A Backbone Formation Algorithm in Wireless Sensor Network Based on Pursuit Algorithm

A Backbone Formation Algorithm in Wireless Sensor Network Based on Pursuit Algorithm Ysong Jang, Weren Sh A Backbone Formaon Algorhm n Wreless Sensor Nework Based on Pursu Algorhm YISONG JIANG, WEIREN SHI College of Auomaon Chongqng Unversy No 74 Shazhengje, Shapngba, Chongqng Chna jys398@6com,

More information

Pricing and Valuation of Forward and Futures

Pricing and Valuation of Forward and Futures Prcng and Valuaon of orward and uures. Cash-and-carry arbrage he prce of he forward conrac s relaed o he spo prce of he underlyng asse, he rsk-free rae, he dae of expraon, and any expeced cash dsrbuons

More information

Batch Processing for Incremental FP-tree Construction

Batch Processing for Incremental FP-tree Construction Inernaonal Journal of Compuer Applons (975 8887) Volume 5 No.5, Augus 21 Bach Processng for Incremenal FP-ree Consrucon Shashkumar G. Toad Deparmen of CSE, GMRIT, Rajam, Srkakulam Dsrc AndraPradesh, Inda.

More information

Improving Forecasting Accuracy in the Case of Intermittent Demand Forecasting

Improving Forecasting Accuracy in the Case of Intermittent Demand Forecasting (IJACSA) Inernaonal Journal of Advanced Compuer Scence and Applcaons, Vol. 5, No. 5, 04 Improvng Forecasng Accuracy n he Case of Inermen Demand Forecasng Dasuke Takeyasu The Open Unversy of Japan, Chba

More information

Cryptographic techniques used to provide integrity of digital content in long-term storage

Cryptographic techniques used to provide integrity of digital content in long-term storage RB/3/2011 Crypographc echnques used o provde negry of dgal conen n long-erm sorage REPORT ON THE PROBLEM Problem presened by Marn Šmka Paweł Wojcechowsk Polsh Secury Prnng Works (PWPW) 1 Repor auhors Małgorzaa

More information

A Novel Particle Swarm Optimization Approach for Grid Job Scheduling

A Novel Particle Swarm Optimization Approach for Grid Job Scheduling A Novel Parcle warm Opmzaon Approach for Grd ob chedulng Hesam Izaan, Behrouz Tor Ladan, Kamran Zamanfar, Ajh Abraham³ Islamc Azad Unversy, Ramsar branch, Ramsar, Iran zaan@gmal.com Deparmen of Compuer

More information

Economics of taxation

Economics of taxation Economcs of axaon Lecure 3: Opmal axaon heores Salane (2003) Opmal axes The opmal ax sysem mnmzes he excess burden wh a gven amoun whch he governmen wans o rase hrough axaon. Opmal axes maxmze socal welfare,

More information

Dynamic Relationship and Volatility Spillover Between the Stock Market and the Foreign Exchange market in Pakistan: Evidence from VAR-EGARCH Modelling

Dynamic Relationship and Volatility Spillover Between the Stock Market and the Foreign Exchange market in Pakistan: Evidence from VAR-EGARCH Modelling Dynamc Relaonshp and Volaly pllover Beween he ock Marke and he Foregn xchange marke n Paksan: vdence from VAR-GARCH Modellng Dr. Abdul Qayyum Dr. Muhammad Arshad Khan Inroducon A volale sock and exchange

More information

Using Fuzzy-Delphi Technique to Determine the Concession Period in BOT Projects

Using Fuzzy-Delphi Technique to Determine the Concession Period in BOT Projects Usng Fuzzy-Delph Technque o Deermne he Concesson Perod n BOT Projecs Khanzad Mosafa Iran Unversy of Scence and Technology School of cvl engneerng Tehran, Iran. P.O. Box: 6765-63 khanzad@us.ac.r Nasrzadeh

More information

Fugit (options) The terminology of fugit refers to the risk neutral expected time to exercise an

Fugit (options) The terminology of fugit refers to the risk neutral expected time to exercise an Fug (opons) INTRODUCTION The ermnology of fug refers o he rsk neural expeced me o exercse an Amercan opon. Invened by Mark Garman whle professor a Berkeley n he conex of a bnomal ree for Amercan opon hs

More information

Methodology of the CBOE S&P 500 PutWrite Index (PUT SM ) (with supplemental information regarding the CBOE S&P 500 PutWrite T-W Index (PWT SM ))

Methodology of the CBOE S&P 500 PutWrite Index (PUT SM ) (with supplemental information regarding the CBOE S&P 500 PutWrite T-W Index (PWT SM )) ehodology of he CBOE S&P 500 PuWre Index (PUT S ) (wh supplemenal nformaon regardng he CBOE S&P 500 PuWre T-W Index (PWT S )) The CBOE S&P 500 PuWre Index (cker symbol PUT ) racks he value of a passve

More information

Noise and Expected Return in Chinese A-share Stock Market. By Chong QIAN Chien-Ting LIN

Noise and Expected Return in Chinese A-share Stock Market. By Chong QIAN Chien-Ting LIN Nose and Expeced Reurn n Chnese A-share Sock Marke By Chong QIAN Chen-Tng LIN 1 } Capal Asse Prcng Model (CAPM) by Sharpe (1964), Lnner (1965) and Mossn (1966) E ( R, ) R f, + [ E( Rm, ) R f, = β ] + ε

More information

The Effects of Nature on Learning in Games

The Effects of Nature on Learning in Games The Effecs of Naure on Learnng n Games C.-Y. Cynha Ln Lawell 1 Absrac Ths paper develops an agen-based model o nvesgae he effecs of Naure on learnng n games. In parcular, I exend one commonly used learnng

More information

Differences in the Price-Earning-Return Relationship between Internet and Traditional Firms

Differences in the Price-Earning-Return Relationship between Internet and Traditional Firms Dfferences n he Prce-Earnng-Reurn Relaonshp beween Inerne and Tradonal Frms Jaehan Koh Ph.D. Program College of Busness Admnsraon Unversy of Texas-Pan Amercan jhkoh@upa.edu Bn Wang Asssan Professor Compuer

More information

Explaining Product Release Planning Results Using Concept Analysis

Explaining Product Release Planning Results Using Concept Analysis Explanng Produc Release Plannng Resuls Usng Concep Analyss Gengshen Du, Thomas Zmmermann, Guenher Ruhe Deparmen of Compuer Scence, Unversy of Calgary 2500 Unversy Drve NW, Calgary, Albera T2N 1N4, Canada

More information

Elton, Gruber, Brown, and Goetzmann. Modern Portfolio Theory and Investment Analysis, 7th Edition. Solutions to Text Problems: Chapter 21

Elton, Gruber, Brown, and Goetzmann. Modern Portfolio Theory and Investment Analysis, 7th Edition. Solutions to Text Problems: Chapter 21 Elon, Gruber, Brown, and Goezmann oluions o Tex Problems: Chaper Chaper : Problem We can use he cash lows bonds A and B o replicae he cash lows o bond C. Le YA be he racion o bond A purchased and YB be

More information

Fairing of Polygon Meshes Via Bayesian Discriminant Analysis

Fairing of Polygon Meshes Via Bayesian Discriminant Analysis Farng of Polygon Meshes Va Bayesan Dscrmnan Analyss Chun-Yen Chen Insue of Informaon Scence, Academa Snca. Deparmen of Compuer Scence and Informaon Engneerng, Naonal Tawan Unversy. 5, Tawan, Tape, Nankang

More information

Michał Kolupa, Zbigniew Śleszyński SOME REMARKS ON COINCIDENCE OF AN ECONOMETRIC MODEL

Michał Kolupa, Zbigniew Śleszyński SOME REMARKS ON COINCIDENCE OF AN ECONOMETRIC MODEL M I S C E L L A N E A Mchał Kolupa, bgnew Śleszyńsk SOME EMAKS ON COINCIDENCE OF AN ECONOMETIC MODEL Absrac In hs paper concep of concdence of varable and mehods for checkng concdence of model and varables

More information

Real-Time Traffic over the IEEE Medium Access Control Layer

Real-Time Traffic over the IEEE Medium Access Control Layer Real-Tme Traffc over he IEEE 82. Medum Access Conrol Layer João L. Sobrnho and A. S. Krshnaumar Ths paper proposes mulple access procedures o ranspor real-me raffc over IEEE 82. wreless local area newors

More information

Pricing Model of Credit Default Swap Based on Jump-Diffusion Process and Volatility with Markov Regime Shift

Pricing Model of Credit Default Swap Based on Jump-Diffusion Process and Volatility with Markov Regime Shift Assocaon for Informaon Sysems AIS Elecronc brary (AISe) WICEB 13 Proceedngs Wuhan Inernaonal Conference on e-busness Summer 5-5-13 Prcng Model of Cred Defaul Swap Based on Jump-Dffuson Process and Volaly

More information

Bank of Japan. Research and Statistics Department. March, Outline of the Corporate Goods Price Index (CGPI, 2010 base)

Bank of Japan. Research and Statistics Department. March, Outline of the Corporate Goods Price Index (CGPI, 2010 base) Bank of Japan Research and Sascs Deparmen Oulne of he Corporae Goods Prce Index (CGPI, 2010 base) March, 2015 1. Purpose and Applcaon The Corporae Goods Prce Index (CGPI) measures he prce developmens of

More information

The Empirical Research of Price Fluctuation Rules and Influence Factors with Fresh Produce Sequential Auction Limei Cui

The Empirical Research of Price Fluctuation Rules and Influence Factors with Fresh Produce Sequential Auction Limei Cui 6h Inernaonal Conference on Sensor Nework and Compuer Engneerng (ICSNCE 016) The Emprcal Research of Prce Flucuaon Rules and Influence Facors wh Fresh Produce Sequenal Aucon Lme Cu Qujng Normal Unversy,

More information

Quarterly Accounting Earnings Forecasting: A Grey Group Model Approach

Quarterly Accounting Earnings Forecasting: A Grey Group Model Approach Quarerly Accounng Earnngs Forecasng: A Grey Group Model Approach Zheng-Ln Chen Deparmen of Accounng Zhongnan Unversy of Economcs and Law # Souh Nanhu Road, Wuhan Cy, 430073 Hube People's Republc of Chna

More information

Online Adaboost-Based Parameterized Methods for Dynamic Distributed Network Intrusion Detection

Online Adaboost-Based Parameterized Methods for Dynamic Distributed Network Intrusion Detection Onlne Adaboos-Based Parameerzed Mehods or Dnamc Dsrbued Nework Inruson Deecon Wemng Hu, Jun Gao, Yanguo Wang, and Ou Wu (Naonal Laboraor o Paern Recognon, Insue o Auomaon, Chnese Academ o Scences, Beng

More information

Gaining From Your Own Default

Gaining From Your Own Default Ganng From Your Own Defaul Jon Gregory jon@ofranng.com Jon Gregory (jon@ofranng.com), Quan ongress US, 14 h July 2010 page 1 Regulaon s Easy () Wha don lke as a regulaor? Dfferen nsuons valung asses dfferenly

More information

Recall from last time. The Plan for Today. INTEREST RATES JUNE 22 nd, J u n e 2 2, Different Types of Credit Instruments

Recall from last time. The Plan for Today. INTEREST RATES JUNE 22 nd, J u n e 2 2, Different Types of Credit Instruments Reall from las me INTEREST RATES JUNE 22 nd, 2009 Lauren Heller Eon 423, Fnanal Markes Smple Loan rnpal and an neres paymen s pad a maury Fxed-aymen Loan Equal monhly paymens for a fxed number of years

More information

Economic Design of Short-Run CSP-1 Plan Under Linear Inspection Cost

Economic Design of Short-Run CSP-1 Plan Under Linear Inspection Cost Tamkang Journal of Scence and Engneerng, Vol. 9, No 1, pp. 19 23 (2006) 19 Economc Desgn of Short-Run CSP-1 Plan Under Lnear Inspecton Cost Chung-Ho Chen 1 * and Chao-Yu Chou 2 1 Department of Industral

More information

The UAE UNiversity, The American University of Kurdistan

The UAE UNiversity, The American University of Kurdistan MPRA Munch Personal RePEc Archve A MS-Excel Module o Transform an Inegraed Varable no Cumulave Paral Sums for Negave and Posve Componens wh and whou Deermnsc Trend Pars. Abdulnasser Haem-J and Alan Musafa

More information

Albania. A: Identification. B: CPI Coverage. Title of the CPI: Consumer Price Index. Organisation responsible: Institute of Statistics

Albania. A: Identification. B: CPI Coverage. Title of the CPI: Consumer Price Index. Organisation responsible: Institute of Statistics Albana A: Idenfcaon Tle of he CPI: Consumer Prce Index Organsaon responsble: Insue of Sascs Perodcy: Monhly Prce reference perod: December year 1 = 100 Index reference perod: December 2007 = 100 Weghs

More information

Empirical Study on the Relationship between ICT Application and China Agriculture Economic Growth

Empirical Study on the Relationship between ICT Application and China Agriculture Economic Growth Emprcal Sudy on he Relaonshp beween ICT Applcaon and Chna Agrculure Economc Growh Pengju He, Shhong Lu, Huoguo Zheng, and Yunpeng Cu Key Laboraory of Dgal Agrculural Early-warnng Technology Mnsry of Agrculure,

More information

An improved segmentation-based HMM learning method for Condition-based Maintenance

An improved segmentation-based HMM learning method for Condition-based Maintenance An mproved segmenaon-based HMM learnng mehod for Condon-based Manenance T Lu 1,2, J Lemere 1,2, F Carella 1,2 and S Meganck 1,3 1 ETRO Dep., Vre Unverse Brussel, Plenlaan 2, 1050 Brussels, Belgum 2 FMI

More information

UC San Diego Recent Work

UC San Diego Recent Work UC San Dego Recen Work Tle On More Robus Esmaon of Skewness and Kuross: Smulaon and Applcaon o he S&P500 Index Permalnk hps://escholarshp.org/uc/em/7b5v07p Auhors Km, Tae-Hwan Whe, Halber Publcaon Dae

More information

ANFIS Based Time Series Prediction Method of Bank Cash Flow Optimized by Adaptive Population Activity PSO Algorithm

ANFIS Based Time Series Prediction Method of Bank Cash Flow Optimized by Adaptive Population Activity PSO Algorithm Informaon 25, 6, 3-33; do:.339/nfo633 Arcle OPEN ACCESS nformaon ISSN 278-2489 www.mdp.com/journal/nformaon ANFIS Based Tme Seres Predcon Mehod of Bank Cash Flow Opmzed by Adapve Populaon Acvy PSO Algorhm

More information

Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model*

Trade, Growth, and Convergence in a Dynamic Heckscher-Ohlin Model* Federal Reserve Ban of Mnneapols Research Deparmen Saff Repor 378 Ocober 8 (Frs verson: Sepember 6) Trade, Growh, and Convergence n a Dynamc Hecscher-Ohln Model* Clausre Bajona Ryerson Unversy Tmohy J.

More information

Financial Innovation and Asset Price Volatility. Online Technical Appendix

Financial Innovation and Asset Price Volatility. Online Technical Appendix Fnancal Innovaon and Asse Prce Volaly Onlne Techncal Aendx Felx Kubler and Karl Schmedders In hs echncal aendx we derve all numbered equaons dslayed n he aer Equaons For he wo models n he aer, he frs se

More information

Agricultural and Rural Finance Markets in Transition

Agricultural and Rural Finance Markets in Transition Agrculural and Rural Fnance Markes n Transon Proceedngs of Regonal Research Commee NC-04 S. Lous, Mssour Ocober 4-5, 007 Dr. Mchael A. Gunderson, Edor January 008 Food and Resource Economcs Unversy of

More information

Interest Rate Derivatives: More Advanced Models. Chapter 24. The Two-Factor Hull-White Model (Equation 24.1, page 571) Analytic Results

Interest Rate Derivatives: More Advanced Models. Chapter 24. The Two-Factor Hull-White Model (Equation 24.1, page 571) Analytic Results Ineres Rae Dervaves: More Advanced s Chaper 4 4. The Two-Facor Hull-Whe (Equaon 4., page 57) [ θ() ] σ 4. dx = u ax d dz du = bud σdz where x = f () r and he correlaon beween dz and dz s ρ The shor rae

More information

Online appendices from Counterparty Risk and Credit Value Adjustment a continuing challenge for global financial markets by Jon Gregory

Online appendices from Counterparty Risk and Credit Value Adjustment a continuing challenge for global financial markets by Jon Gregory Onlne appendces fro Counerpary sk and Cred alue Adusen a connung challenge for global fnancal arkes by Jon Gregory APPNDX A: Dervng he sandard CA forula We wsh o fnd an expresson for he rsky value of a

More information

Finance 402: Problem Set 1 Solutions

Finance 402: Problem Set 1 Solutions Fnance 402: Problem Set 1 Solutons Note: Where approprate, the fnal answer for each problem s gven n bold talcs for those not nterested n the dscusson of the soluton. 1. The annual coupon rate s 6%. A

More information

This specification describes the models that are used to forecast

This specification describes the models that are used to forecast PCE and CPI Inflaion Differenials: Convering Inflaion Forecass Model Specificaion By Craig S. Hakkio This specificaion describes he models ha are used o forecas he inflaion differenial. The 14 forecass

More information

The Net Benefit to Government of Higher Education: A Balance Sheet Approach

The Net Benefit to Government of Higher Education: A Balance Sheet Approach The Ne Benef o Governmen of Hgher Educaon: A Balance Shee Approach Davd Johnson and Roger Wlkns Melbourne Insue of Appled Economc and Socal Research The Unversy of Melbourne Melbourne Insue Workng Paper

More information

STOCK PRICES TEHNICAL ANALYSIS

STOCK PRICES TEHNICAL ANALYSIS STOCK PRICES TEHNICAL ANALYSIS Josp Arnerć, Elza Jurun, Snježana Pvac Unversy of Spl, Faculy of Economcs Mace hrvaske 3 2 Spl, Croaa jarnerc@efs.hr, elza@efs.hr, spvac@efs.hr Absrac Ths paper esablshes

More information

Bond Prices and Interest Rates

Bond Prices and Interest Rates Winer erm 1999 Bond rice Handou age 1 of 4 Bond rices and Ineres Raes A bond is an IOU. ha is, a bond is a promise o pay, in he fuure, fixed amouns ha are saed on he bond. he ineres rae ha a bond acually

More information

An Implementation of the Displaced Diffusion, Stochastic Volatility Extension of the LIBOR Market Model

An Implementation of the Displaced Diffusion, Stochastic Volatility Extension of the LIBOR Market Model Maser Thess Deparmen o Busness Sudes Auhor: Chrsan Sørensen Advsor: Elsa Ncolao An Implemenaon o he Dsplaced Duson, Sochasc Volaly Exenson o he LIBOR Mare Model A Comparson o he Sandard Model Handelshøjsolen,

More information

Estimating intrinsic currency values

Estimating intrinsic currency values Esmang nrnsc currency values Forex marke praconers consanly alk abou he srenghenng or weakenng of ndvdual currences. In hs arcle, Jan Chen and Paul Dous presen a new mehodology o quanfy hese saemens n

More information

IFX-Cbonds Russian Corporate Bond Index Methodology

IFX-Cbonds Russian Corporate Bond Index Methodology Approved a he meeng of he Commee represenng ZAO Inerfax and OOO Cbonds.ru on ovember 1 2005 wh amendmens complan wh Agreemen # 545 as of ecember 17 2008. IFX-Cbonds Russan Corporae Bond Index Mehodology

More information

Technological progress breakthrough inventions. Dr hab. Joanna Siwińska-Gorzelak

Technological progress breakthrough inventions. Dr hab. Joanna Siwińska-Gorzelak Technological progress breakhrough invenions Dr hab. Joanna Siwińska-Gorzelak Inroducion Afer The Economis : Solow has shown, ha accumulaion of capial alone canno yield lasing progress. Wha can? Anyhing

More information

A New Method to Measure the Performance of Leveraged Exchange-Traded Funds

A New Method to Measure the Performance of Leveraged Exchange-Traded Funds A ew Mehod o Measure he Performance of Leveraged Exchange-Traded Funds Ths verson: Sepember 03 ara Charupa DeGrooe School of Busness McMaser Unversy 80 Man Sree Wes Hamlon, Onaro L8S 4M4 Canada Tel: (905)

More information

Return Calculation Methodology

Return Calculation Methodology Reurn Calculaon Mehodology Conens 1. Inroducon... 1 2. Local Reurns... 2 2.1. Examle... 2 3. Reurn n GBP... 3 3.1. Examle... 3 4. Hedged o GBP reurn... 4 4.1. Examle... 4 5. Cororae Acon Facors... 5 5.1.

More information

Open Access Impact of Wind Power Generation on System Operation and Costs

Open Access Impact of Wind Power Generation on System Operation and Costs Send Orders for Reprns o reprns@benhamscence.ae 580 he Open Elecrcal & Elecronc Engneerng Journal, 2014, 8, 580-588 Open Access Impac of nd Power eneraon on Sysem Operaon and oss ang Fe 1,2,*, Pan enxa

More information

Multiple Choice Questions Solutions are provided directly when you do the online tests.

Multiple Choice Questions Solutions are provided directly when you do the online tests. SOLUTIONS Muliple Choice Quesions Soluions are provided direcly when you do he online ess. Numerical Quesions 1. Nominal and Real GDP Suppose han an economy consiss of only 2 ypes of producs: compuers

More information

Keywords: School bus problem, heuristic, harmony search

Keywords: School bus problem, heuristic, harmony search Journal of Emergng Trends n Compung and Informaon Scences 2009-2013 CIS Journal. All rghs reserved. hp://www.csjournal.org Model and Algorhm for Solvng School Bus Problem 1 Taehyeong Km, 2 Bum-Jn Par 1

More information

Empirical analysis on China money multiplier

Empirical analysis on China money multiplier Aug. 2009, Volume 8, No.8 (Serial No.74) Chinese Business Review, ISSN 1537-1506, USA Empirical analysis on China money muliplier SHANG Hua-juan (Financial School, Shanghai Universiy of Finance and Economics,

More information

Unified Unit Commitment Formulation and Fast Multi-Service LP Model for Flexibility Evaluation in Sustainable Power Systems

Unified Unit Commitment Formulation and Fast Multi-Service LP Model for Flexibility Evaluation in Sustainable Power Systems IEEE Transacons on Susanable Energy Acceped for publcaon, November 2015 1 Unfed Un Commmen Formulaon and Fas Mul-Servce LP Model for Flexbly Evaluaon n Susanable Power Sysems Lngx Zhang, Suden Member,

More information

Overview of the limits applicable to large exposures across Europe

Overview of the limits applicable to large exposures across Europe Annex [ II-A ] Overvew of he lms applcable o large exposures across Europe Lms mplemened by counry AT BE C CZ DE DK EE EL ES FI FR HU IE IT LT LU LV MT L PL PT SE SI SK UK IS LI O RO A cred nsuon may no

More information

A Hybrid Method to Improve Forecasting Accuracy Utilizing Genetic Algorithm An Application to the Data of Operating equipment and supplies

A Hybrid Method to Improve Forecasting Accuracy Utilizing Genetic Algorithm An Application to the Data of Operating equipment and supplies A Hyrd Mehod o Improve Forecasng Accuracy Ulzng Genec Algorhm An Applcaon o he Daa of Operang equpmen and supples Asam Shara Tax Corporaon Arkne, Shzuoka Cy, Japan, e-mal: a-shara@arkne.nfo Dasuke Takeyasu

More information

Semantic-based Detection of Segment Outliers and Unusual Events for Wireless Sensor Networks (Research-in-Progress)

Semantic-based Detection of Segment Outliers and Unusual Events for Wireless Sensor Networks (Research-in-Progress) Semanc-based Deecon of Segmen ulers and Unusual Evens for Wreless Sensor Neworks (Research-n-Progress) Lanl Gao eresearch Lab, School of ITEE, The Unversy of Queensland, Brsbane, Queensland 4072, Ausrala

More information

A Multi-Periodic Optimization Modeling Approach for the Establishment of a Bike Sharing Network: a Case Study of the City of Athens

A Multi-Periodic Optimization Modeling Approach for the Establishment of a Bike Sharing Network: a Case Study of the City of Athens A Mul-Perodc Opmzaon Modelng Approach for he Esablshmen of a Be Sharng Newor: a Case Sudy of he Cy of Ahens G.K.D Sahards, A. Fragogos and E. Zygour Absrac Ths sudy nroduces a novel mahemacal formulaon

More information

Macroeconomics II A dynamic approach to short run economic fluctuations. The DAD/DAS model.

Macroeconomics II A dynamic approach to short run economic fluctuations. The DAD/DAS model. Macroeconomics II A dynamic approach o shor run economic flucuaions. The DAD/DAS model. Par 2. The demand side of he model he dynamic aggregae demand (DAD) Inflaion and dynamics in he shor run So far,

More information

A Series of ILP Models for the Optimization of Water Distribution Networks

A Series of ILP Models for the Optimization of Water Distribution Networks A Seres of ILP Models for he Opzaon of Waer Dsrbuon Neworks NIKHIL HOODA 1,*, OM DAMANI 1 and ASHUTOSH MAHAJAN 2 1 Deparen of Copuer Scence and Engneerng, Indan Insue of Technology, Bobay 2 Deparen of

More information

Inventory Investment. Investment Decision and Expected Profit. Lecture 5

Inventory Investment. Investment Decision and Expected Profit. Lecture 5 Invenory Invesmen. Invesmen Decision and Expeced Profi Lecure 5 Invenory Accumulaion 1. Invenory socks 1) Changes in invenory holdings represen an imporan and highly volaile ype of invesmen spending. 2)

More information

Optimum Reserve Capacity Assessment and Energy and Spinning Reserve Allocation Based on Deterministic and Stochastic Security Approach

Optimum Reserve Capacity Assessment and Energy and Spinning Reserve Allocation Based on Deterministic and Stochastic Security Approach Ausralan Journal of Basc and Appled Scences, 4(9): 4400-4412, 2010 ISS 1991-8178 Opmum Reserve Capacy Assessmen and Enery and Spnnn Reserve Allocaon Based on Deermnsc and Sochasc Secury Approach Farzad

More information

A Novel Approach to Model Generation for Heterogeneous Data Classification

A Novel Approach to Model Generation for Heterogeneous Data Classification A Novel Approach o Model Generaon for Heerogeneous Daa Classfcaon Rong Jn*, Huan Lu *Dep. of Compuer Scence and Engneerng, Mchgan Sae Unversy, Eas Lansng, MI 48824 rongn@cse.msu.edu Deparmen of Compuer

More information

DEA-Risk Efficiency and Stochastic Dominance Efficiency of Stock Indices *

DEA-Risk Efficiency and Stochastic Dominance Efficiency of Stock Indices * JEL Classfcaon: C61, D81, G11 Keywords: Daa Envelopmen Analyss, rsk measures, ndex effcency, sochasc domnance DEA-Rsk Effcency and Sochasc Domnance Effcency of Sock Indces * Marn BRANDA Charles Unversy

More information

Financial Econometrics Jeffrey R. Russell Midterm Winter 2011

Financial Econometrics Jeffrey R. Russell Midterm Winter 2011 Name Financial Economerics Jeffrey R. Russell Miderm Winer 2011 You have 2 hours o complee he exam. Use can use a calculaor. Try o fi all your work in he space provided. If you find you need more space

More information

Recursive Data Mining for Masquerade Detection and Author Identification

Recursive Data Mining for Masquerade Detection and Author Identification Recursve Daa Mnng for Masquerade Deecon and Auhor Idenfcaon Boleslaw K. Szymansk, IEEE Fellow, and Yongqang Zhang Deparmen of Compuer Scence, RPI, Troy, NY 280, USA Absrac- In hs paper, a novel recursve

More information

Data Quality Inference

Data Quality Inference Daa Qualy Inference Raymond K. Pon and Alfonso F. Cárdenas UCLA Compuer Scence Boeler Hall 4829 Los Angeles, CA 90095 (310) 825-1770 {rpon, cardenas}@cs.ucla.edu ABSTRACT In he feld of sensor neworks,

More information

Some Insights of Value-Added Tax Gap

Some Insights of Value-Added Tax Gap Ovdus Unversy Annals, Economc Scences Seres Some Insghs of Value-Added Tax Ga Cuceu Ionuţ-Consann Vădean Vorela-Lga Maşca Smona-Gabrela "Babeş-Bolya" Unversy Cluj-Naoca, Faculy of Economcs and Busness

More information

Throughput Analysis of IEEE b

Throughput Analysis of IEEE b June 05, Volue, Issue 6 JEIR (ISSN-349-56) hroughu Analyss of IEEE 80.b D. Laxa Reddy, V. Arun, 3 A.DEEPHI Ass. Professor, Ass. Professor, 3 Ass. Professor Dearen of ECE, MLRI,Hyderabad,Inda Absrac hs

More information