fractional process

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Noun1.fractional process - a process that uses heat to separate a substance into its components
destructive distillation - heating a solid substance in a closed container and collecting the volatile products
fractional distillation - fractionation of a liquid by distillation
industrial process - a systematic series of mechanical or chemical operations that produce or manufacture something
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References in periodicals archive ?
The jump fractional process is consistent with an efficient market where major information arrives infrequently and randomly.
According to previously reported results (PODLUBNY, 1999), fractional controllers applied to processes described by fractional transfer functions (fractional process) provide better results when compared to integer controllers applied either to integer processes or even fractional processes and fractional controllers applied to integer processes.
This approach consists on testing if the estimated residuals from the linear cointegration relationship are I(1) against distributed as a fractional process. Although this approach permits to test the presence of fractional cointegration, it supposes that the series are stationnary and is limited to univariate framework.
Fractional Calculus and Fractional Processes with Applications to Financial Economics: Theory and Application.

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