• Nenhum resultado encontrado

Aspectos matemáticos da entropia

N/A
N/A
Protected

Academic year: 2021

Share "Aspectos matemáticos da entropia"

Copied!
98
0
0

Texto

(1)Universidade de Aveiro 2003. Ana Helena Marques de Pinho Tavares. Departamento de Matemática. Aspectos Matemáticos da Entropia.

(2) Universidade de Aveiro 2003. Ana Helena Marques de Pinho Tavares. Departamento de Matemática. Aspectos Matemáticos da Entropia. Dissertação apresentada à Universidade de Aveiro para cumprimento dos requisitos necessários à obtenção do grau de Mestre em Matemática, realizada sob a orientação científica do Prof. Doutor António José Batel Anjo, Professor Auxiliar do Departamento de Matemática da Universidade de Aveiro..

(3) o júri presidente. Doutora Maria Rosália Dinis Rodrigues, Professora Associada da Universidade de Aveiro. vogais. Doutor Francisco José Lage Campelo Calheiros, Professor Associado da Faculdade de Engenharia da Universidade do Porto Doutor António José Batel Anjo, Professor Auxiliar da Universidade de Aveiro (Orientador).

(4) agradecimentos. Ao meu orientador, Professor Doutor Batel Anjo, pela orientação científica, apoio e disponibilidade, assim como, pelas sugestões e ideias que lançou. À Professora Doutora Paula Oliveira, pelo interesse que manifestou pelo meu trabalho, pela forma como se prontificou a discutir alguns assuntos e, acima de tudo, pela sua amizade. Aos professores do Departamento de Matemática da Universidade de Aveiro e aos amigos que de alguma forma me apoiaram na parte escolar e na realização deste trabalho. Aos meus pais, por tudo. Ao meu maior amigo, João André, pelo apoio e compreensão demonstrados ininterruptamente. Pela alegria com que me fez acreditar neste trabalho.. A todos, obrigado pela confiança depositada em mim..

(5) resumo. Com o presente trabalho pretende-se fazer uma abordagem ao desenvolvimento do conceito Entropia. Inicia-se esta dissertação com a apresentação de uma perspectiva histórica da evolução do conceito. Enunciam-se as propriedades mais importantes das entropias de Shannon, Rényi e de Tsallis, assim como do ganho de informação de Kullback-Leibler. Apresentam-se as demonstrações de algumas destas propriedades. São expostas e analisadas as definiçõpes axiomáticas da entropia de Shannon e de Tsallis. Menciona-se ainda a definição axiomática do ganho de informação de Rényi, que conduz à definição da entropia de Rényi..

(6) abstract. This work intends to be an approach of the development of the concept of Entropy. We start with an historical perspective of the evolution of this concept. Several properties of the Shannon, Rényi and Tsallis entropies are presented, likewise Kullback-Leibler’s gain of information. Some of this properties are followed by it’s proof. We present and discuss the axiomatic definition of Shannon and Tsallis entropies. We also refer axiomatic definition of Rényi’s gain of information, which defines Rényi’s entropy..

(7) (QWURS\ . «

(8) . :LWKRXWH[WHUQDOIRUFH $OOWKLQJVPXVWSDVV 2UGHULQWRGLVRUGHU +HDWLQWRFROG. 0RWLRQLQWRVWLOOQHVV . %XWKROGRQ. 7KLVLVRQO\WUXHIRUFORVHGV\VWHPV 6XUHO\DSRHPFRXOG·QW %HFODVVHGDVDFO . 2VHGV\VWHPFFRX. . 1DOIRUFH"<RXGGGRQ·WWKLQN.  /GLW"6XUHO\ . $SRHHHHPKDVVRPHH[[WHUUU.  7KLVVSRHPPLJKWEEEEHHHHVVVXEMHFW . 7RHHHHQWWUURSS\GR\RXL"<\WWLPG. DVMLQHNS>"NLJLH""" . MK\JQL@VI·"NHZN". -M"ZLUMHHLK"RQ . ,DQ0F'RQRXJK.

(9) w,QGLFH *HU DO ,QWURGX| Fa DR. LLL.  (QWURSLD 6

(10). . . 7HUPRGLQA DPLFD                                   . . . 0HFA DQLFD (VWDWwtVWLFD                                . . . 0HFA DQLFD 4XA DQWLFD                                 . . . 7HRULD GD ,QIRUPD|Fa DR                                . . . )RUPDV *HQHUDOL]DGDV                               . . . . /LVWD GH )w RUPXODV GH (QWURSLD                      .  (QWURSLD GH 6KDQQRQ . . 'HpQL|Fa DR $[LRPw DWLFD GH 6KDQQRQ                         . . . 7HRUHPD GD 8QLFLGDGH                           . . . *HQHUDOL]D|Fa DR GR $[LRPD ,,,                       . . . 'HPRQVWUD|FD aR GR 7HRUHPD GD 8QLFLGDGH                 . . . &RPHQWw DULR v D GHPRQVWUD|Fa DR                        . . . 3URSULHGDGHV GD (QWURSLD GH 6KDQQRQ                      . . . (QWURSLDV 0XOWLYDULDGDV                              . . . (QWURSLD 'LIHUHQFLDO                                . . . 3ULQFwtSLR GH 0w D[LPD (QWURSLD. .                          .  ,QIRUPD| Fa DR. . . ,QIRUPD|FD aR 0w XWXD                                 . . . *DQKR GH ,QIRUPD|Fa DR GH .XOOEDFN^/HLEOHU                    . .  (QWURSLD GH 5w HQ\L. . . 'LVWULEXL|Fa RHV LQFRPSOHWDV                             . . . *DQKR GH ,QIRUPD|Fa DR GH 2UGHP o                        . . . (QWURSLD GH 5wHQ\L                                 . . . 3URSULHGDGHV GD (QWURSLD GH 5wHQ\L                        . . L.

(11)  (QWURSLD GH 7VDOOLV. . . 'HpQL|Fa RHV                                      . . . )XQ|Fa DR T^(QWURSLD                                 . . . 3URSULHGDGHV GD T^(QWURSLD                            . . . 1a DR 1HJDWLYLGDGH.                             . . . &RQFDYLGDGH H ([WUHPRV                          . . . (TXLSUREDELOLGDGH                             . . . T^$GLWLYLGDGH                                . . . T^D[LRPD GH JUXSR                             . . . T^LQIRUPD|Fa DR GH .XOOEDFN^/HLEOHU                        . . . 'HpQL|Fa DR $[LRPw DWLFD                                . . . $[LRPw DWLFD GH 6DQWRV                           . . . &RPHQWw DULRV                                . . &RQFOXVa DR. . 5HIHUA HQFLDV %LEOLRJUw DpFDV. . LL.

(12) , QWU RGX|Fa DR 2 FRQFHLWR GH HQWURSLD VXUJH SHOD SULPHLUD YH] QR FRQWH[WR GD 7HUPRGLQA DPLFD QR VwHFXOR ;,; VHQGR DWULEXwtGR DR DOHPa DR 5XGROSK &ODXVLXV 'HVGH HQWa DR R GHVWULQ|FDU GR VHX VLJQLpFDGR WHP REFHFDGR )wtVLFRV 4XwtPLFRV 0DWHPw DWLFRV (QJHQKHLURV %Lw RORJRV H PXLWRV RXWURV TXH R SURFXUDP DSOLFDU QRV GLIHUHQWHV FRQWH[WRV 8P GRV REMHFWLYRV GD SUHVHQWH GLVVHUWD|FD aR wH R GH UHXQLU QXP X wQLFR GRFXPHQWR XPD DERU GDJHP D GLYHUVDV GHpQL|Fa RHV GH HQWURSLD SHUPLWLQGR XPD YLVa DR JOREDO GD HYROX|FD aR GR FRQFHLWR H FULDQGR DOJXQV GRV DOLFHUFHV QHFHVVw DULRV D XPD DQw DOLVH FUwtWLFD H IXQGDPHQWDGD GH GLYHUVDV DSOLFD|FR aHV GD HQWURSLD 2 FDUw DFWHU PXOWLGLVFLSOLQDU GR FRQFHLWR GH HQWURSLD GLpFXOWRX D HVFROKD GR UXPR D VHJXLU $ IUHTXAHQFLD GH XP PLQLFXUVR VREUH 0HFA DQLFD (VWDWwtVWLFD 1a DR ([WHQVLYD TXH RFRUUHX QR 'HSDUWDPHQWR GH 0DWHPw DWLFD GHVWD 8QLYHUVLGDGH YHLR DODUJDU R Mw D YDVWR FDPSR GH HVFROKD 3RUwHP HP YH] GH DXPHQWDU D GLpFXOGDGH GH GHFLVa DR WRUQRX LQHTXwtYRFR TXH R HQIRTXH SULQ FLSDO GHVWH WUDEDOKR VHULD R HVWXGR GD HQWURSLD GH 7VDOOLV )RL DWUDYwHV GDV SDODYUDV GR SUw RSULR &RQVWDQWLQR 7VDOOLV TXH WRPHL FRQKHFLPHQWR GD HQ WURSLD GH 7VDOOLV H FRQVHTXHQWH 0HFA DQLFD (VWDWwtVWLFD 1a DR ([WHQVLYD $ HORTXAHQFLD FRP TXH DSUHVHQWRX D VXD WHRULD DVVLP FRPR GHVHQYROYLPHQWRV H DSOLFD|Fa RHV TXH PXLWRV DXWRUHV WAHP HODERUDGR GHVSHUWRX D FXULRVLGDGH H R LQWHUHVVH VREUH R WHPD 2 FRQFHLWR GH HQWURSLD SHUPLWLX D HVWUXWXUD|FD aR GR FRUSR WHw RULFR GD 7HUPRGLQA DPLFD GH HTXLOwtEULR H GH SURFHVVRV LUUHYHUVwtYHLV FRQVWLWXLQGR R FRQFHLWR IXQGDPHQWDO GD 0HFA DQLFD (V WDWwtVWLFD 0DLV WDUGH H[HUFHX XP SDSHO FHQWUDO QD 7HRULD GD ,QIRUPD|FD aR FULDGD SRU 6KDQQRQ HP  3DUD DOwHP GLVVR HQFRQWURX WHUUHQR IwHUWLO HP w DUHDV FLHQWwtpFDV Wa DR GLYHUVDV FRPR D (VWDWwtVWLFD DV &LAHQFLDV &RPSXWDFLRQDLV D 3VLFRORJLD H D /LQJXwtVWLFD 'HQWUR GD 7HRULD GD ,QIRUPD|Fa DR IRUDP IRUPXODGDV DOJXPDV SURSRVWDV GH JHQHUDOL]D|Fa DR GD HQWURSLD XPD GDV PDLV FRQKHFLGDV wH D GH 5wHQ\L HP  $ IRUPXOD|Fa DR GD 0HFA DQLFD (VWDWwtVWLFD IRL LQLFLDGD SRU %ROW]PDQQ HP PHDGRV GH  DR DVVRFLDU XPD YDULw DYHO PDFURVFw RSLFD HQWURSLD

(13) D FRQFHLWRV PLFURVFw RSLFRV 3RVWHULRUPHQWH *LEEV IH] FRQWULEXL|Fa RHV IXQGDPHQWDLV D HVWD WHRULD SHOR TXH HVWD wH FRQKHFLGD FRPR 0HFA DQLFD (VWDWwtVWLFD GH %ROW]PDQQ^*LEEV $ 0HFA DQLFD &Ow DVVLFD IRUPXODGD SRU 1HZWRQ IRL QR VwHFXOR ;,; FRQVLGHUDGD SRU SUDWLFD PHQWH WRGRV FRPR XQLYHUVDO 1R HQWDQWR TXDQGR DV PDVVDV HQYROYLGDV Va DR PXLWR SHTXHQDV FRPR D GH XP HOHFWUa DR VDEH^VH TXH D 0HFA DQLFD 1HZWRQLDQD WHP GH VHU VXEVWLWXwtGD SHOD VXD IRUPD TXA DQWLFD 6H DV PDVVDV IRUHP PXLWR JUDQGHV FRPR D GR 6RO RX GH XPD JDOw D[LD WHP GH w VH XWLOL]DU D IRUPD UHODWLYwtVWLFD ( SRVVwtYHO TXH R PHVPR DFRQWH|FD FRP D 0HFA DQLFD (VWDWwtVWLFD GH %ROW]PDQQ^*LEEV +RMH VDEH^VH TXH HVWD 0HFA DQLFD (VWDWwtVWLFD Qa DR wH XQLYHUVDO Qa DR wH Yw DOLGD SDUD WRGRV RV IHQw RPHQRV QHP XEwtTXD Qa DR wH Yw DOLGD HP WRGD D SDUWH (P  &RQVWDQWLQR 7VDOOLV >@ SURSA RV XPD Iw RUPXOD GH HQWURSLD FXMD JUDQGH GLIHUHQ|FD LLL.

(14) FRP D Iw RUPXOD XVXDO wH D Qa DR DGLWLYLGDGH $ VXD H[SUHVVa DR IXQGDPHQWD XPD JHQHUDOL]D|FD aR GD 0HFA DQLFD (VWDWwtVWLFD XVXDO ^ D 0HFA DQLFD (VWDWwtVWLFD 1a DR ([WHQVLYD 1RV X wOWLPRV DQRV PXLWRV WUDEDOKRV WAHP PRVWUDGR D DSOLFDELOLGDGH GR IRUPDOLVPR GH 7VDOOLV QRV FKDPDGRV ?VLVWHPDV FRPSOH[RV FRPR SRU H[HPSOR D WXUEXOAHQFLD H DV FROLVa RHV PXLWR HQHUJwHWLFDV GH SDUWwtFXODV HOHPHQWDUHV $ UHVHQKD KLVWw RULFD TXH DFDEDPRV GH DSUHVHQWDU HQFRQWUD^VH WUDWDGD GH IRUPD PDLV SRU PHQRUL]DGD QR SULPHLUR FDSwtWXOR FXMR REMHFWLYR wH R GH SURSRUFLRQDU XPD YLVa DR JOREDO H VLQWHWL]DGD GD HYROX|Fa DR GR FRQFHLWR GH HQWURSLD 3RU UHVWUL|FR aHV GH WHPSR H GH HVSD|FR FRQ WHPSODPRV DSHQDV DV w DUHDV RQGH R FRQFHLWR WHYH PDLV QRWRULHGDGH FRPR wH R FDVR GD 7HU PRGLQA DPLFD 0HFA DQLFD (VWDWwtVWLFD H 7HRULD GD ,QIRUPD|FD aR (VWH FDSwtWXOR IRFD H FRQWH[WXDOL]D FURQRORJLFDPHQWH FDGD XP GRV WHPDV GRV FDSwtWXORV VHJXLQWHV &RP R WwtWXOR GR SULPHLUR FDSwtWXOR SUHWHQGHPRV VXVFLWDU D Gw XYLGD VREUH D XQLFLGDGH RX Qa DR GDV GLYHUVDV HQWURSLDV TXH WAHP VXUJLGR DR ORQJR GRV WHPSRV $SHVDU GDV Iw RUPXODV VHUHP GLIHUHQWHV DOJXPDV GHODV HVWa DR FODUDPHQWH UHODFLRQDGDV FKHJDQGR PHVPR D UHGX]LUHP^VH v D PHVPD H[SUHVVa DR QDOJXQV FDVRV SDUWLFXODUHV 5HFRUUHQGR v D LGHLD UHODWLYLVWD GD UHDOLGDGH VHUw D TXH VH WUDWD VHPSUH GH XP PHVPR FRQFHLWR ROKDGR VHJXQGR GLIHUHQWHV ?UHIHUHQFLDLV" (P UHOD|Fa DR v DV HQWURSLDV TXH Va DR HVWXGDGDV QHVWH WUDEDOKR QRPHDGDPHQWH DV GH 6KDQQRQ GH 5wHQ\L H GH 7VDOOLV pFw DPRV FRQYLFWRV TXH WRGDV WUDGX]HP XP PHVPR FRQFHLWR &RQWXGR D TXHVWa DR pFD HP DEHUWR HP UHOD|FD aR D XPD H[WHQVD OLVWD GH HQWURSLD V

(15) TXH DSUHVHQWDPRV QR pQDO GR UHIHULGR FDSwtWXOR 1R VHJXQGR FDSwtWXOR wH DSUHVHQWDGD D HQWURSLD GH 6KDQQRQ DVVLP FRPR DOJXPDV GDV VXDV SULQFLSDLV FDUDFWHUwtVWLFDV 6KDQQRQ GHpQLX D[LRPDWLFDPHQWH DV SURSULHGDGHV TXH XPD PHGLGD GH LQIRUPD|FD aR GHYH REHGHFHU $ D[LRPw DWLFD FXOPLQD FRP R 7HRUHPD GD 8QLFLGDGH GH 6KDQQRQ H D PHGLGD SRU HVWH GHpQLGD D HQWURSLD 6HJXLQGR D DERUGDJHP HIHFWXDGD SRU 6KDQQRQ HP >@ DSUHVHQWDPRV D GHPRQVWUD|FD aR GHVWH WHRUHPD WHFHQGR DOJXPDV FRQVLGHUD|FR aHV pQDLV VREUH D PHVPD $LQGD QR FRQWH[WR GD 7HRULD GH ,QIRUPD|Fa DR R WHUFHLUR FDSwtWXOR wH GHGLFDGR D RXWUDV PH GLGDV GH LQIRUPD|Fa DR FRP HVSHFLDO HQIRTXH QD PHGLGD GH JDQKR GH LQIRUPD|Fa DR GH .XOOEDFN^ /HLEOHU RX HQWURSLD GH .XOOEDFN^/HLEOHU (VWD TXDQWLGDGH DSHVDU GH Qa DR VHU VLPwHWULFD QHP UHVSHLWDU D GHVLJXDOGDGH WULA DQJXODU wH PXLWDV YH]HV LQWHUSUHWDGD FRPR XPD GLVWA DQFLD HQWUH GXDV GLVWULEXL|FR aHV 6a DR HQXQFLDGDV H GHPRQVWUDGDV DOJXPDV GDV SULQFLSDLV SURSULHGDGHV GHVWD PHGLGD 1R TXDUWR FDSwtWXOR DSUHVHQWDPRV D HQWURSLD GH 5wHQ\L XPD JHQHUDOL]D|FD aR GD HQWURSLD GH 6KDQQRQ $ VXD Iw RUPXOD IXQFLRQDO SDUD DOwHP GH GHSHQGHU GH XPD GLVWULEXL|FD aR FDUDFWHUL]D^VH SRU XP SDUA DPHWUR HVFDODU VHQGR DSRQWDGD FRPR D SULPHLUD Iw RUPXOD SDUDPwHWULFD GH HQWURSLD $R FRQWUw DULR GD HQWURSLD GH 6KDQQRQ TXH wH GHpQLGD GH UDwt] SRU XPD D[LRPw DWLFD D HQWURSLD GH 5wHQ\L wH IRUPXODGD D SDUWLU GH XPD PHGLGD GR JDQKR GH LQIRUPD|FD aR HVWD VLP GHpQLGD D[LRPDWLFDPHQWH 1HVWH FDSwtWXOR DSUHVHQWDPRV DV GHpQL|FR aHV GR JDQKR GH LQIRUPD|Fa DR H GD LY.

(16) HQWURSLD GH 5wHQ\L HQXQFLDPRV H GHPRQVWUDPRV DOJXPDV GDV SURSULHGDGHV TXH HVWD X wOWLPD YHULpFD 3RU pP QR TXLQWR FDSwtWXOR wH DSUHVHQWDGR R WHPD GH H[FHOAHQFLD GHVWD GLVVHUWD|FD aR ^ D HQ WURSLD GH 7VDOOLV (VWD HQWURSLD WDO FRPR D HQWURSLD GH 5wHQ\L FDUDFWHUL]D^VH SHOD H[LVWAHQFLD GH XP SDUA DPHWUR HVFDODU XP VXEwtQGLFH T GDwt TXH WDPEwHP VHMD GHVLJQDGD SRU T^HQWURSLD $Sw RV D GHpQL|FD aR GD HQWURSLD GH 7VDOOLV HQXQFLDPRV H GHPRQVWUDPRV DOJXPDV GDV VXDV SUR SULHGDGHV IXQGDPHQWDLV HYLGHQFLDQGR VHPHOKDQ|FDV H GLIHUHQ|FDV HQWUH HVWD H D HQWURSLD GH %ROW]PDQQ^*LEEV $ HQWURSLD GH 7VDOOLV IRL D[LRPDWL]DGD SRU 5REHUWR 6DQWRV >@ HP  TXH HQXQFLD H GHPRQVWUD XP 7HRUHPD GH 8QLFLGDGH GD HQWURSLD GH 7VDOOLV

(17)  FRP EDVH QD GHpQL|FD aR GH TXDWUR SURSULHGDGHV TXH HVWD PHGLGD GHYH VDWLVID]HU 1D DSUHVHQWD|FD aR GHVVD D[LRPw DWLFD FRQVLGHUw DPRV FRQYHQLHQWH DOWHUDU IRUWDOHFHU

(18) XPD GDV SURSULHGDGHV (VWD GHFLVa DR HQFRQWUD^ VH GHYLGDPHQWH MXVWLpFDGD DSw RV D GHPRQVWUD|Fa DR GD XQLFLGDGH GD Iw RUPXOD GH 7VDOOLV 2 IRUPDOLVPR GH 7VDOOLV wH XPD SURSRVWD UHODWLYDPHQWH UHFHQWH 1DV SHVTXLVDV HIHFWXDGDV DSHQDV VH HQFRQWURX XP OLYUR UHODFLRQDGR FRP HVWH WHPD >@ *UDQGH SDUWH GR WUDEDOKR HODERUDGR EDVHRX^VH HP DUWLJRV UHODWLYDPHQWH UHFHQWHV SXEOLFDGRV HP GLYHUVDV UHYLVWDV LQ WHUQDFLRQDLV $V UHIHUAHQFLDV GHVFULWDV HP QRWD GH URGDSwH UHIHUHP^VH D GRFXPHQWRV Qa DR FRQVXOWDGRV SRU LQDFHVVLELOLGDGH 3HOR IDFWR Qa DR FRQVWDUHP GD ELEOLRJDUpD pQDO wH VHPSUH LQGLFDGR R GRFXPHQWR GH RQGH IRL UHWLUDGD HVVD UHIHUAHQFLD 1R GHFRUUHU GR WUDEDOKR RSWRX^VH SRU DQDOLVDU FRP XP FHUWR ULJRU H SRUPHQRU DV SUR SULHGDGHV GDV HQWURSLDV GH 6KDQQRQ 5wHQ\L H 7VDOOLV SDUD PHOKRU DSUHHQGHU DV DOWHUD|FR aHV LQWURGX]LGDV SRU HVWD X wOWLPD 7HPRV FRQVFLAHQFLD TXH XPD FRPSUHHQVa DR PDLV HVWUXWXUDGD GDV SRWHQFLDOLGDGHV GH DSOLFD|FD aR GD HQWURSLD GH 7VDOOLV SDVVD SRU XPD DQw DOLVH H HVWXGR GD SUw RSULD 0HFA DQLFD (VWDWwtVWLFD 1a DR ([WHQVLYD SHOR TXH R WUDEDOKR GHVHQYROYLGR DR ORQJR GHVWH DQR H DTXL DSUHVHQWDGR Qa DR wH PDLV GR TXH XPD EDVH GH FRQKHFLPHQWRV TXH VHUYLUw D GH VXSRUWH SDUD DOJR PDLV HODERUDGR. Y.

(19) YL.

(20) &DSwtWXOR . ( QWU RSLD 6

(21) ?([LVWHP FRQFHLWRV TXH UHVLVWHP v D SDVVDJHP GR WHPSR XQV SHOD VXD LPSRUWA DQFLD RXWURV SHOD VXD FDSDFLGDGH GH VH DGDSWDU D QRYRV GRPwtQLRV GD FLAHQFLD $ HQWURSLD PDLV GR TXH TXDOTXHU RXWUR FRQFHLWR PDQWwHP EHP YLYD D VXD LPSRUWA DQFLD D VXD XWLOL GDGH H SRUTXH Qa DR R VHX PLVWwHULR %DWHO $QMR >@. $ (QWURSLD wH XPD LGHLD TXH QDVFHX QR VHLR GD 7HUPRGLQA DPLFD &Ow DVVLFD Qa DR FRPR DOJR IXQ GDPHQWDOPHQWH LQWXLWLYR PDV VLP IXQGDPHQWDOPHQWH TXDQWLWDWLYR GHpQLGR SRU XPD HTXD|Fa DR 3DUD &ODXVLXV H VHXV FRQWHPSRUA DQHRV D HQWURSLD HUD XPD SURSULHGDGH PXLWR LPSRUWDQWH PDV GR GRPwtQLR HVWULWR GD 7HUPRGLQA DPLFD IRUD GHVWH FRQWH[WR VLPSOHVPHQWH Qa DR WLQKD VLJQLpFDGR 1R HQWDQWR RV IXQGDPHQWRV PDWHPw DWLFRV GD 0HFA DQLFD (VWDWwtVWLFD Va DR DSOLFw DYHLV D TXDOTXHU VLVWHPD HVWDWwtVWLFR R TXH SHUPLWLX D DSOLFD|FD aR GHVWD TXDQWLGDGH QRXWURV FRQWH[WRV $ PDLRU LQFXUVa DR GD (QWURSLD HP QRYRV GRPwtQLRV WDOYH] WHQKD VLGR D LPSXOVLRQDGD SRU 6KDQQRQ QR FDPSR GD 7HRULD GD &RPXQLFD|FD aR QRPHDGDPHQWH QD 7HRULD GD ,QIRUPD|FD aR 8PD QRYD IRUPD GH HQWURSLD D HQWURSLD GH 7VDOOLV WHP VLGR GHVFULWD SRU PXLWRV FRPR XP GRV PDLRUHV DYDQ|FRV GD )wtVLFD (VWD HQWURSLD JHQHUDOL]D D HQWURSLD FOw DVVLFD GH %ROW]PDQQ H PXLWRV WUDEDOKRV UHFHQWHV WAHP PRVWUDGR D VXD HpFLAHQFLD 'HVGH HQWa DR D QRYD Iw RUPXOD WHP VLGR DSOLFDGD QXPD JUDQGH YDULHGDGH GH SUREOHPDV H HP GLYHUVDV w DUHDV FRPR SRU H[HPSOR RV SUREOHPDV GD WXUEXOAHQFLD 1HVWH FDSwtWXOR H[SRPRV GH IRUPD VXFLQWD RV DVSHFWRV D QRVVR YHU PDLV LPSRUWDQWHV GD HYROX|Fa DR GR FRQFHLWR GH HQWURSLD 6HFFLRQDQGR HVVD HYROX|Fa DR SHODV SULQFLSDLV w DUHDV HQYROYL GDV H GLVSRQGRDV SRU RUGHP FURQROw RJLFD DSUHVHQWDPRV QD VHF|Fa DR  D LQWHUSUHWD|FD aR 7HU PRGLQA DPLFD (VWD XWLOL]D D HQWURSLD FRPR XPD PHGLGD GD LUUHYHUVLELOLGDGH GRV SURFHVVRV RX GD FDSDFLGDGH GH XPD Pw DTXLQD UHDOL]DU WUDEDOKR 1D VHF|FD aR  PRVWUDPRV FRPR wH TXH D .

(22) 0HFA DQLFD (VWDWwtVWLFD DVVRFLD D HQWURSLD D XPD TXDQWLGDGH GH GHVRUGHP 1D VHF|Fa DR  DSUH VHQWDPRV D Iw RUPXOD GH HQWURSLD DGRSWDGD QD 0HFA DQLFD 4XA DQWLFD EDVHDGRV QR DUWLJR >@ GH )ODPP 'H VHJXLGD QD VHF|Fa DR  IRFDPRV D HQWURSLD QR FRQWH[WR GD 7HRULD GD ,QIRUPD|FD aR RQGH wH UHODFLRQDGD FRP XPD PHGLGD GD TXDQWLGDGH GH LQIRUPD|Fa DR RX GH LQFHUWH]D $R ORQJR GRV DQRV IRUDP FULDGDV PXLWDV JHQHUDOL]D|FR aHV GR FRQFHLWR GH HQWURSLD DOJXPDV GDV TXDLV Va DR PHQFLRQDGDV QD VHF|Fa DR . . 7 HU PRGLQA DPLFD. $ DpUPD|FD aR GH TXH D HQHUJLD Qa DR SRGH VHU FULDGD QHP GHVWUXwtGD WRUQRXVH FRQKHFLGD FRPR D 3ULPHLUD /HL GD 7HUPRGLQA DPLFD RX /HL GD &RQVHUYD|Fa DR GD (QHUJLD $ GHVFREHUWD GHVWH SULQFwtSLR QRV LQwtFLRV GR VwHFXOR ;,; SA RV XPD OLPLWD|Fa DR LPSRUWDQWH DRV SURFHVVRV TXH VH SRGHP SURGX]LU QD QDWXUH]D VHQGR DSHQDV SRVVwtYHLV DTXHOHV HP TXH D HQHUJLD SHUPDQHFH w DWUDYwHV GD 6HJXQGD /HL GD 7HUPRGLQA LQDOWHUw DYHO ( DPLFD TXH VXUJH R WHUPR HQWURSLD >@ $ QR|FD aR GH HQWURSLD IRL GHpQLGD SHOD SULPHLUD YH] SRU 5XGROSK &ODXVLXV HP  EDVHDQGR VH QR WUDEDOKR GH 6DGL &DUQRW H /RUG .HOYLQ QR FRQWH[WR GD 7HUPRGLQA DPLFD QRPHDGDPHQWH QR HVWXGR GR HQJHQKR D YDSRU >@ 2 HQJHQKR D YDSRU wH XPD FRQVWUX|Fa DR WHw RULFD GHVHQYROYLGD SRU &DUQRW DR HVWXGDU D WHU PRGLQA DPLFD GH XPD Pw DTXLQD D YDSRU 2 UHQGLPHQWR GH XPD Pw DTXLQD D YDSRU wH XPD IXQ|Fa DR GD YDULD|FD aR GH WHPSHUDWXUD VHJXQGR D TXDO R HQJHQKR RSHUD (P  &DUQRW GHVFREULX TXH TXDQGR VH IRUQHFH FDORU D XPD Pw DTXLQD D YDSRU DSHQDV SDUWH GHVWD HQHUJLD VH WUDQVIRUPD QR PRYLPHQWR GH URWD|FD aR GR YHLR GR PRWRU R UHVWR GHVSHUGL|FDVH LQHYLWDYHOPHQWH HP IRUPD GH FDORU UHVLGXDO ,VWR VLJQLpFD TXH DSHQDV XPD SRU|FD aR GD HQHUJLD FDORUwtpFD GD Pw DTXLQD SRGH VHU FRQYHUWLGD HP WUDEDOKR PHFA DQLFR

(23)  &RQFOXLX DLQGD TXH R FDORU SRGHULD VHU FRQYHUWLGR HP WUDEDOKR PHFA DQLFR DSHQDV VH H[LVWLU XPD GLIHUHQ|FD GH WHPSHUDWXUD 8P HQJHQKR D YDSRU D XPD WHPSHUDWXUD FRQVWDQWH Qa DR SRGHULD FRQYHUWHU QHQKXPD GD VXD HQHUJLD FDORUwtpFD HP PRYLPHQWR (VWH UHVXOWDGR LQGLFLD D H[LVWAHQFLD GH RXWUD OHL OLPLWDGRUD D 6HJXQGD /HL GD 7HUPRGLQA DPLFD >@ &ODXVLXV GHX R SDVVR VHJXLQWH QD FRPSUHHQVa DR GD WUDQVIRUPD|FD aR GR FDORU QRXWUDV IRUPDV GH HQHUJLD (VWH GLULJLX D VXD DWHQ|Fa DR SDUD D GLVWLQ|Fa DR HQWUH D IUDF|FD aR GH FDORU TXH VH SRGH WUDQVIRUPDU HP HQHUJLD PHFA DQLFD H D TXH VH GHYH GHVSUH]DU FRPR FDORU SHUGLGR 'HVFUHYHX D SULPHLUD SRU ?HQHUJLD OLYUH H DTXHOD SHUGD GH HQHUJLD Qa DR SRGH VHU WUDQVIRUPDGD HP WUDEDOKR X wWLO

(24) SRU PHLR GH XP QRYR WHUPR ?HQWURSLD TXH WHP RULJHP QXPD SDODYUD JUHJD HQWUHSLHQ TXH VLJQLpFD GHJUDGD|Fa DR H GHpQLXD FRPR R TXRFLHQWH HQWUH D TXDQWLGDGH GH FDORU WUDQVIHULGR H D WHPSHUDWXUD DEVROXWD D TXH R SURFHVVR wH UHDOL]DGR (VWD HQWURSLD wH R TXH SHUPLWH HQXQFLDU R VHJXQGR SULQFwtSLR GD 7HUPRGLQA DPLFD &ODXVLXV .

(25) VHQWLX TXH WDQWR D GHVFREHUWD GH &DUQRW FRPR D 3ULPHLUD /HL GD 7HUPRGLQA DPLFD HUDP IXQ GDPHQWDLV H EDVHRX XPD OHL EDVHDQGR^VH QHVVHV UHVXOWDGRV (VVD YLULD D VHU FRQKHFLGD FRPR 6HJXQGD /HL GD 7HUPRGLQA DPLFD H DpUPD TXH QD QDWXUH]D Vw R SRGHP RFRUUHU DTXHOHV SURFHVVRV HP TXH D HQWURSLD DXPHQWD RX TXDQGR PXLWR SHUPDQHFH FRQVWDQWH $ HQWURSLD Qa DR HUD PHGLGD HP YDORU DEVROXWR $SHQDV VH PHGLD D YDULD|Fa DR GH HQWURSLD GH XP VLVWHPD TXDQGR HVWH SDVVD GH XP HVWDGR SDUD RXWUR &RQVLGHUDQGR XPD WUDQVIRUPD|Fa DR UHYHUVwtYHO D YDULD|Fa DR GH HQWURSLD c6 YHULpFD D UHOD|Fa DR VHJXLQWH c4 7. c6. RQGH c4 UHSUHVHQWD D YDULD|Fa DR GH FDORU GH XP VLVWHPD D WHPSHUDWXUD 7 FRQVWDQWH $V SULPHLUD H VHJXQGD /HLV GD 7HUPRGLQA DPLFD SRGHP VHU HQFHUUDGDV QD IDPRVD DpUPD|Fa DR GH &ODXVLXV ?'LH (QHUJLH GHU :HOW LVW .RQVWDQW 'LH (QWURSLH GHU :HOW VWUHEW HLQHP 0D[LPXP ]X  $ HQWURSLD VXUJH FRPR DOJR FXMD YDULD|Fa DR VH SRGH PHGLU PDV GD TXDO Qa DR VH WHP XP FRQFHLWR FRQFUHWR 8PD GDV PDLV IUXWwtIHUDV LQWHUSUHWD|FR aHV LQLFLDLV GH HQWURSLD WDOYH] VHMD D YLVa DR GHVWD FRPR PHGLGD GD FDSDFLGDGH GH UHDOL]D|Fa DR GH WUDEDOKR. . 0. HFA DQLFD ( VWDWwtVWLFD. 1R VwHFXOR ;,; SUHYDOHFLD D LGHLD GH TXH R FDORU HUD XPD VXEVWA DQFLD TXH qXwtD GH XP REMHFWR SDUD RXWUR R ?FDOw RULFR 8PD PLQRULD GH IwtVLFRV VXVWHQWDYD D YLVa DR DJRUD XQLYHUVDOPHQWH DFHLWH

(26) GH TXH R FDORU HUD D HQHUJLD UHVXOWDQWH GR PRYLPHQWR DOHDWw RULR GRV w DWRPRV 4XDQWR PDLV HOHYDGD D WHPSHUDWXUD GH XPD PDWwHULD PDLV YLJRURVR wH R PRYLPHQWR GDV PROwHFXODV TXH D IRUPDP >@ -DPHV 0D[ZHOO IRL R SULPHLUR IwtVLFR D DFHLWDU D H[LVWAHQFLD GRV w DWRPRV WUDWDQGR RV JDVHV FRPR XPD FROHF|Fa DR GH SHTXHQDV SDUWwtFXODV PRYLPHQWDQGR^VH D GLIHUHQWHV YHORFLGDGHV FROL GLQGR XPDV FRP DV RXWUDV 0D[ZHOO GHWHUPLQDYD DV SURSULHGDGHV GH XP Jw DV DVVXPLQGR TXH HVWH wH FRPSRVWR SRU XP JUDQGH Qw XPHUR GH w DWRPRV RX PROwHFXODV

(27) HP PRYLPHQWR DOHDWw RULR $SHVDU GH Qa DR WHU VLGR R DXWRU GD 7HRULD &LQwHWLFD GRV *DVHV IRL R SULPHLUR D DSOLFDU PwHWRGRV HVWDWwtVWLFRV H SUREDELOwtVWLFRV SDUD GHVFUHYHU DV SURSULHGDGHV GDV PROwHFXODV GRV JDVHV SHOR TXH wH FRQVLGHUDGR XP GRV IXQGDGRUHV GD 7HRULD &LQwHWLFD GRV *DVHV. 7. UD GX] LQGR GR D OH PaD R  ? $. (QH UJ LD GR 8 QLY H UVR wH F R QVWD QWH  $. (QWUR SLD GR 8 QLY H UVR F R QY H UJ H SD UD R VH X. PwD [ LPR  > @  & ULR X D LGH LD GH ? IXQ|F aD R GH GLVWULEXL|F aD R  T XH J R Y H UQD D V Y H OR F LGD GH V GD V PR OwH F XOD V GR J wD V H D QD OLVR X SUH Y LVaR H V F R QF UH WD V T XH SR GLD P VH U R EWLGD V D SD UWLU GD 7 H R ULD & LQwH WLF D GR V *D VH V. .

(28) (P  0D[ZHOO DSUHVHQWD R VHX SULPHLUR WUDEDOKR HP 7HRULD &LQwHWLFD TXH YLULD D VHU SXEOLFDGR XP DQR PDLV WDUGH FRP R WwtWXOR ?,OXVWUDWLRQV RI '\QDPLFDO 7KHRU\ RI *DVHV QD 3KLORVRpFDO 0DJD]LQH 1HVWH SURSA RV XP WUDWDPHQWR HVWDWwtVWLFR GRV JDVHV GDQGR RV SULPHLURV SDVVRV HP GLUHF|Fa DR v D LQWHUSUHWD|FD aR HVWDWwtVWLFD GD 7HUPRGLQA DPLFD $QRV PDLV WDUGH HP  /XGZLQJ %ROW]PDQQ XWLOL]RX RV PwHWRGRV HVWDWwtVWLFRV GH 0D[ZHOO SDUD GHWHUPLQDU XP QRYR H PDLV JHUDO WUDWDPHQWR GD HQWURSLD 8WLOL]RX DV SUREDELOLGDGHV SDUD GHVFUHYHU DV SURSULHGDGHV GD PDWwHULD D SDUWLU GDV SURSULHGDGHV GRV w DWRPRV $R UHGX]LU R FDORU D XP PRYLPHQWR DOHDWw RULR FROHFWLYR GH PXLWRV PLOKa RHV GH w DWRPRV %ROW]PDQQ WUDQVSA RV D HQWURSLD SDUD R PXQGR UHYHUVwtYHO GD )wtVLFD 1HZWRQLDQD 'H DFRUGR FRP D 0HFA DQLFD 1HZWRQLDQD FDGD XPD GDV SHTXHQDV SDUWwtFXODV TXH IRUPDP D PDWwHULD SRGH UHWURFHGHU QR VHX SHUFXUVR H YROWDU DR OXJDU RQGH FRPH|FRX UHYHUWHQGR H[DFWDPHQWH R VHX PRYLPHQWR $VVLP D WRWDOLGDGH GR VLVWHPD WDPEwHP GHYH SRGHU YROWDU DR VHX HVWDGR LQLFLDO R TXH FRQWUDGL] R IDFWR GH XP VLVWHPD WHUPRGLQA DPLFR HQYROYHU LUUHYHUVLELOLGDGH QR VHQWLGR GR HVWDGR GH Pw D[LPD HQWURSLD H SHUPDQHFHU QHVVH HVWDGR %ROW]PDQQ UHVROYH HVVH GLOHPD LQWHUSUHWDQGR D HQWURSLD FRPR XPD SURSULHGDGH HVWDWwtVWLFD (P SULQFwtSLR Qa DR Kw D QDGD TXH LPSH|FD WRGDV DV SDUWwtFXODV GH UHYHUWHU RV VHXV SHUFXUVRV H LUHP HVSRQWDQHDPHQWH GH XP HVWDGR GH GHVRUGHP SDUD XP HVWDGR GH RUGHP SRUwHP R JUDQGH Qw XPHUR GH SDUWwtFXODV HQ YROYLGDV WRUQDULD R HYHQWR PXLWR UDUR 6HJXQGR %ROW]PDQQ D GHVRUGHP LUUHYHUVwtYHO VHULD DSHQDV SURYw DYHO Qa DR FHUWD $R LQWURGX]LU D 7HRULD GDV 3UREDELOLGDGHV QD 6HJXQGD /HL GD 7HUPRGLQA DPLFD %ROW]PDQQ DSUHVHQWD SHOD SULPHLUD YH] XPD OHL GD QDWXUH]D GLIHUHQWH GH WRGDV DV RXWUDV (P YH] GH GHWHUPLQLVWD HVWD OHL wH SUREDELOwtVWLFD (P  %ROW]PDQQ IRUPXOD XPD H[SUHVVa DR GH HQWURSLD QR DUWLJR ?2Q WKH UHODWLRQ EHWZHQQ WKH VHFRQG ODZ RI PHFKDQLFDO WKHRU\ RI KHDW DQG SUREDELOLW\ FDOFXOXV ZLWK UHVSHFW WR WKH WKHRUHPV RQ WKHUPDO HTXLOLEULXP  1XP VLVWHPD IHFKDGR D HQWURSLD 6 GR VLVWHPD VHULD SURSRUFLRQDO DR YROXPH GR HVSD|FR GH IDVH n RFXSDGR SHOR PDFURHVWDGR GR VLVWHPD RX VHMD 6  ORJ n DFWXDOPHQWH wH XVXDO HVFUHYHU QD QRWD|Fa DR 6. N OQ . 

(29). RQGH N wH D FKDPDGD FRQVWDQWH GH %ROW]PDQQ H  wH R Qw XPHUR GH PLFURHVWDGRV GR VLVWHPD RUPXOD VHU DWULEXwtGD D %ROW]PDQQ FRPSDWwtYHLV FRP R PDFURHVWDGR REVHUYDGR  $SHVDU GD Iw HVWD QXQFD IRL HVFULWD SRU HOH 'H IDFWR D Iw RUPXOD DSDUHFH SHOD SULPHLUD YH] QR OLYUR ?7KHRU\ RI KHDW UDGLDWLRQ GH 0D[ 3ODQFN HP  DQR GD PRUWH GH %ROW]PDQQ >@.  7 w tWXOR WUD GX] LGR  (P VLVWH PD V D WwR. GR D OH PaD R  $ UH IH UAH QF LD F R PSOH WD SR GH VH U H QF R QWUD GD QR D UWLJ R >  @ PLF R V XP PD F UR H VWD GR wH XP H VWD GR GR VLVWH PD R EVH UY wD Y H O D J UD QGH H VF D OD  8 P PLF UR H V. WD GR wH XP D UUD QMR SUH F LVR GH wD WR PR V QXP VLVWH PD  (P J H UD O D R PH VPR PD F UR H VWD GR F R UUH VSR QGH XP QwXPH UR D VWUR QwR PLF R GH PLF UR H VWD GR V >  @. 7. UD GX] LGR GR D OH PaD R ? 7 KH R ULH GH U : D UPH VWUD KOXQJ   >  @. .

(30) 7w XPXOR GH %ROW]PDQQ HP 9LHQD $ LQWHUSUHWD|Fa DR HVWDWwtVWLFD YHLR UHYHODU D QDWXUH]D GD HQWURSLD FRPR XP FUHVFLPHQWR GD GHVRUGHP HQWUH DV SDUWwtFXODV 'H IDFWR R Qw XPHUR GH PLFURHVWDGRV SRGH VHU FRQVLGHUDGR FRPR XPD PHGLGD GH GHVRUGHP GR VLVWHPD 1D HTXD|Fa DR GH %ROW]PDQQ 

(31) TXDQWR PDLRU IRU R Qw XPHUR GH PLFURHVWDGRV SRVVwtYHLV PDLRU wH D GHVRUGHP H PDLRU wH D HQWURSLD ,PSOwtFLWR QD YHUVa DR GH %ROW]PDQQ GH HQWURSLD HVWw D D QR|Fa DR GH TXH H[LVWHP OLPLWHV SDUD R TXH XP REVHUYDGRU SRGH VDEHU VREUH XP VLVWHPD RQGH D HQHUJLD HVWw D HP WUDQVIRUPD|Fa DR 3RGH^VH VDEHU PDLV VREUH XP VLVWHPD RUGHQDGR WHP HQWURSLD EDL[D GR TXH VREUH XP VLVWHPD GHVRUGHQDGR WHP HQWURSLD HOHYDGD $ UHOD|Fa DR HQWUH DXPHQWR GH HQWURSLD H GLPLQXL|Fa DR GH FRQKHFLPHQWR Qa DR VH WRUQRX H[SOwtFLWD GXUDQWH PXLWRV DQRV %ROW]PDQQ HVWDYD FLHQWH GHVWD OLJD|Fa DR PDV DSHQDV D UHIHULX FDVXDOPHQWH (P  DpUPRX TXH ?D HQWURSLD HVWw D UHODFLRQDGD FRP D GLPLQXL|FD aR GH FRQKHFLPHQWR >@ &RP HVWD IUDVH FUX]RX D SRQWH HQWUH LQIRUPD|Fa DR H HQWURSLD UHOD|FD aR Wa DR KDUPRQLRVD DR SHQVDPHQWR GR pQDO GR VwHFXOR ;; :LOODUG *LEEV SHUFHEHX TXH RV WUDEDOKRV GH 0D[ZHOO H GH %ROW]PDQQ LQLFLDYDP XPD QRYD GLVFLSOLQD FXMR REMHFWLYR HUD R HVWXGR GH FRUSRV GH FRPSOH[LGDGH DUELWUw DULD TXH VH PRYHP VHJXQGR DV OHLV GD PHFA DQLFD *LEEV LQWURGX]LX XPD H[SUHVVa DR PDLV DEUDQJHQWH SDUD GHVFUHYHU D HQWURSLD 6. bN.  ; L. SL OQ SL. 

(32). . XPHUR WRWDO GH PL RQGH SL wH D SUREDELOLGDGH GR VLVWHPD HVWDU QR PLFURHVWDGR L H  R Qw FURHVWDGRV $ Pw D[LPD HQWURSLD FRUUHVSRQGH DR HVWDGR GH HTXLOwtEULR DTXHOH HP TXH H[LVWH D Pw D[LPD GHVRUGHP PLFURVFw RSLFD

(33) SRVVwtYHO 4XDQGR WRGRV RV PLFURHVWDGRV GR VLVWHPD Va DR HTXLSURYw DYHLV HVWD HTXD|FD aR UHGX]^VH v D HTXD|FD aR 

(34)  2 GHVHQYROYLPHQWR GD 0HFA DQLFD (VWDWwtVWLFD wH DFWXDOPHQWH DVVRFLDGR D *LEEV GHYLGR DRV. ). R WR J UD ID GR SR U & R QVWD QWLQR 7 VD OOLV. .

(35) LQw XPHURV WUDEDOKRV TXH SXEOLFRX 'HVGH  HVWXGRX D IRUPXOD|FD aR GH XPD HVWUXWXUD JHUDO SDUD D 0HFA DQLFD (VWDWwtVWLFD SXEOLFDQGR HP  R OLYUR ?(OHPHQWDU\ 3ULQFLSOHV LQ 6WDWLV WLFDO 0HFKDQLFV >@ %ROW]PDQQ H *LEEV HVWDEHOHFHUDP D OLJD|Fa DR HQWUH D 7HUPRGLQA DQLFD H 0HFA DQLFD SRU PHLR GD 0HFA DQLFD (VWDWwtVWLFD SHOR TXH D HTXD|FD aR 

(36) pFRX FRQKHFLGD FRPR Iw RUPXOD GH HQWURSLD GH %ROW]PDQQ^*LEEV. . 0. HFA DQLFD 4XA DQWLFD. 7DQWR D 0HFA DQLFD (VWDWwtVWLFD FRPR D 0HFA DQLFD 4XA DQWLFD OLGDP LQWLPDPHQWH FRP D HVWDWwtVWLFD H DV SUREDELOLGDGHV $ Iw RUPXOD GH HQWURSLD XWLOL]DGD QR FRQWH[WR GD 0HFA DQLFD 4XA DQWLFD TXH VH GHYH D -RKQ YRQ 1HXPDQQ wH LGAHQWLFD v D XWLOL]DGD QD 0HFA DQLFD (VWDWwtVWLFD 

(37)  D X wQLFD GLIHUHQ|FD HVWw D QD IRUPD FRPR DV SUREDELOLGDGHV Va DR FDOFXODGDV (P  %ROW]PDQQ H 3ODQFN WHUa DR WLGR XPD GLVSXWD VREUH D LUUHYHUVLELOLGDGH GR IHQw RPHQR GH UDGLD|FD aR HP FRUSRV QHJURV TXH WHUw D HVWLPXODGR 3ODQFN QD VXD GHVFREHUWD GD 7HRULD 4XA DQWLFD HP  (VWD YLULD D SHUPLWLU R GHVHQYROYLPHQWR GH XPD WHRULD VREUH D LQWHUDF|Fa DR HQWUH D PDWwHULD H D UDGLD|Fa DR FRQKHFLGD FRPR 0HFA DQLFD 4XA DQWLFD TXH JHQHUDOL]D D 0HFA DQLFD &Ow DVVLFD 3ODQFN XWLOL]RX RV PwHWRGRV HVWDWwtVWLFRV GH %ROW]PDQQ SDUD H[SOLFDU DV VXDV OHLV GH UDGLD|Fa DR GH FRUSRV QHJURV 3DUD DOwHP GLVVR DVVXPLX TXH D DEVRU|FD aR GH HQHUJLD Qa DR SRGLD VHU QXP SUR FHVVR FRQWwtQXR $ HQHUJLD VHULD DEVRUYLGD HP TXDQWLGDGHV GLVFUHWDV RV TXDQWXP GH HQHUJLD 1R WUDEDOKR GH %ROW]PDQQ Mw D HUD FRPXP LQWURGX]LU QwtYHLV GLVFUHWRV GH HQHUJLD SDUD REWHU XP FRQMXQWR QXPHUw DYHO GH HVWDGRV 3ODQFN WRUQRX^VH QXP GRV SURSRQHQWHV PDLV LPSRUWDQWHV GDV LGHLDV GH %ROW]PDQQ &RPR Mw D IRL UHIHUHQFLDGR DWUw DV D FKDPDGD Iw RUPXOD GH %ROW]PDQQ IRL SHOD SULPHLUD YH] HVFULWD QXP OLYUR GH 0D[ 3ODQFN HP  $ 0HFA DQLFD 4XA DQWLFD JHQHUDOL]D D HVWUXWXUD GD 0HFA DQLFD (VWDWwtVWLFD (P  IRL DSUH VHQWDGR SHOD SULPHLUD YH] XP IRUPDOLVPR PDWHPw DWLFR SDUD D 0HFA DQLFD 4XA DQWLFD QR OLYUR ?0DWKHPDWLFDO )RXQGDWLRQV RI 4XDQWXP 0HFKDQLFV GH -RKQ YRQ 1HXPDQQ (VWH DVVRFLRX D TXDQWLGDGH GH HQWURSLD D XP RSHUDGRU HVWDWwtVWLFR HP  $ HQWURSLD GH YRQ 1HXPDQQ wH GHpQLGD SRU 6 ~

(38). bN 7U ~ OQ ~

(39). 

(40). RQGH ~ wH XP RSHUDGRU GH GHQVLGDGH H 7U GHQRWD R WUD|FR GD PDWUL] 6H DR GHWHUPLQDU D DR 

(41) WRPD D HQWURSLD IRUHP XVDGRV RV YDORUHV SUw RSULRV yL GD PDWUL] GHQVLGDGH D HTXD|Fa IRUPD 6 ~

(42). bN. ;. RX VHMD UHGX]^VH v D IRUPD GH *LEEV 

(43)  . L. yL OQ yL.

(44) . 7 HRU LD GD , QIRU PD|Fa DR. $ 7HRULD GD ,QIRUPD|Fa DR VXUJH QD GwHFDGD GH  FRP RULJHP QD WHOHJUDpD H WHOHIRQLD 3RVWH ULRUPHQWH IRL XWLOL]DGD SHOD &LEHUQwHWLFD QR HVWXGR GD WURFD GH LQIRUPD|FD aR QXP RUJDQLVPR YLYR RX PHFA DQLFR 1RV pQDLV GH  &ODXGH 6KDQQRQ DVVRFLRX D HQWURSLD D XPD TXDQWLGDGH GH LQIRUPD|Fa DR $R SURFXUDU XP VLVWHPD WHOHIw RQLFR TXH WUDQVIHULVVH R Pw D[LPR GH TXDQWLGDGH GH LQIRUPD|Fa DR H XPD IRUPD GH UHFWLpFDU GLVWRU|Fa RHV QDV PHQVDJHQV FULRX XPD WHRULD PDWHPw DWLFD SDUD D FRPXQLFD|FD aR. &ODXGH 6KDQQRQ SDL GD 7HRULD GD ,QIRUPD|FD aR 2 VHX WUDEDOKR ?$ 0DWKHPDWLFDO 7KHRU\ RI &RPPXQLFDWLRQ IRL SXEOLFDGR SHOD SULPHLUD YH] HP  QD UHYLVWD %HOO 6\VWHP 7HFKQLFDO -RXUQDO  H QHOH wH DSUHVHQWDGD XPD H[SUHVVa DR PDWHPw DWLFD SDUD D TXDQWLGDGH GH LQIRUPD|Fa DR WUDQVPLWLGD QXPD PHQVDJHP (VWDOHEHFHX HQWa DR XP HVTXHPD GH WUDQVPLVVa DR GH LQIRUPD|FD aR 8PD PHQVDJHP TXH SDUWH GH XPD IRQWH wH FRGLpFDGD H HPLWLGD SRU XP WUDQVPLVVRU SDVVD SRU XP FDQDO GH FRPXQLFD|Fa DR VRIUH SHU WXUED|Fa RHV GHVLJQDGDV SRU UXwtGRV H FKHJD DR UHFHSWRU SDVVDQGR SRU XP VLVWHPD GH GHVFR GLpFD|FD aR $R IDODU GH XPD ?PHQVDJHP VHOHFFLRQDGD 6KDQQRQ UHIHUH^VH D XPD VHTXAHQFLD LQIRUPDWLYD TXH SRGH VHU HVFROKLGD HQWUH PXLWDV RXWUDV H GHpQH D TXDQWLGDGH GH LQIRUPD|Fa DR FRP EDVH QD LQFHUWH]D RX GLpFXOGDGH GH SUHYLVa DR GHVVD PHQVDJHP ,QGHSHQGHQWHPHQWH GD PHQVDJHP RX GR VHX LPSDFWR VREUH R UHFHSWRU D TXDQWLGDGH GH LQIRUPD|FD aR HVWw D UHODFLRQDGD FRP D SRVVLELOLGDGH GHVVD PHQVDJHP RFRUUHU 6H D SRVVLELOLGDGH GH XPD PHQVDJHP RFRUUHU IRU SHTXHQD HQWa DR HOD FRQWwHP PXLWD LQIRUPD|Fa DR 6H SHOR FRQWUw DULR D PHQVDJHP IRU SUHGL]wtYHO HQWa DR FRQWHUw D SRXFD LQIRUPD|FD aR 3DUD PHGLU D TXDQWLGDGH GH LQIRUPD|FD aR 6KDQQRQ FULRX R FRQFHLWR GH HQWURSLD DOJR GLIHUHQWH GR FRQFHLWR KRPw RQLPR HP.  ,PD. J H P UH WLUD GD. GR. H QGH UH |F R. KWWS  Z Z Z EH OOOD EVF R P QH Z V      IH EUXD U\      KWPO H P 0 D U|F R. GH.       (P      R PH VPR WUD ED OKR Y LULD D VH X SXEOLF D GR  F R QMXQWD PH QWH F R P XP WUD ED OKR GH :H D Y H U QR OLY UR ? 7 KH 0 D WKH PD WLF D O 7 KH R U\ R I & R PPXQLF D WLR Q  8 QLY H UVLW\ ,OOLQR LV 3UH VV. .

(45) 7HUPRGLQA DPLFD $R TXH SDUHFH HVWD GHQRPLQD|Fa DR IRL VXJHULGD D 6KDQQRQ SRU -RQK YRQ 1HXPDQQ DUJXPHQWDQGR TXH D PHVPD IXQ|Fa DR PDWHPw DWLFD Mw D HUD XWLOL]DGD HP 7HUPRGLQA DPLFD FRP HVVH QRPH 7HULD GLWR LURQLFDPHQWH TXH ?1R RQH UHDOO\ XQGHUVWDQGV HQWURS\ LQ WKH VHQVH RI 3K\VLFV

(46)  7KHUHIRUH LI \RX NQRZ ZKDW \RX PHDQ E\ LW DQG \RX XVH LW ZKHQ \RX DUH LQ DQ DUJXPHQW \RX ZLOO ZLQ HYHU\ WLPH  6KDQQRQ DSUHVHQWRX D TXDQWLGDGH GH LQIRUPD|FD aR GH XPD PHQVDJHP FRPR XPD PHGLGD HVWDWwtVWLFD TXH REHGHFH D XP FRQMXQWR GH D[LRPDV H FKDPRXOKH HQWURSLD 1R VHX WUDEDOKR GHpQH WUAHV D[LRPDV TXH HVVD PHGLGD GHYH VDWLVID]HU H GHGX] XPD H[SUHVVa DR SDUD D HQWURSLD TXH SURYD VHU X wQLFD QRPHDGDPHQWH +. bN. Q ; L. SL OQ SL. . VHQGR S  S   SQ DV SUREDELOLGDGHV DVVRFLDGDV DRV UHVXOWDGRV SRVVwtYHLV GH XP DFRQWHFLPHQWR H N XPD FRQVWDQWH SRVLWLYD $ HVFROKD GD EDVH GR ORJDULWPR FRUUHVSRQGH v D HVFROKD GD XQLGDGH SDUD PHGLU D LQIRUPD|Fa DR HP SDUWLFXODU D XQLGDGH UHVXOWDQWH GD XWLOL]D|Fa DR GD EDVH  wH R FKDPDGR GwtJLWR ELQw DULR RX VLPSOHVPHQWH ?ELW 1D VXD REUD >@ 6KDQQRQ GHVHQYROYH WDPEwHP XP PwHWRGR D SDUWLU GR TXDO wH SRVVwtYHO FR GLpFDU D PHQVDJHP SRU IRUPD D TXH PD[LPL]H D FDSDFLGDGH GR FDQDO H VLPXOWDQHDPHQWH R JUDX GH GLVWRU|Fa DR GD PHQVDJHP VH DSUR[LPH GH ]HUR (VWH PwHWRGR HQYROYH R FRQFHLWR GH Pw D[LPD HQWURSLD 1DTXHOD wHSRFD DOJXQV PDWHPw DWLFRV YLDP D 7HRULD GD ,QIRUPD|FD aR VLPSOHVPHQWH FRPR XP UDPR GD 0DWHPw DWLFD &RQVLGHUDYDP TXH R PDLV LPSRUWDQWH VHULD WRUQDU D WHRULD GH 6KDQQRQ PDWHPDWLFDPHQWH FRUUHFWD DWUDYwHV GH FULWwHULRV GH ULJRU PDWHPw DWLFR 8P H[HPSOR WwtSLFR GHVWD IRUPDOL]D|Fa DR wH R OLYUR GH .KLQFKLQ 

(47)  ?0DWKHPDWLFDO IRXQGDWLRQV RI LQIRUPDWLRQ WKHRU\ >@ $ 7HRULD GD ,QIRUPD|Fa DR VXUJLX HVVHQFLDOPHQWH FRPSOHWD FRP DV GHpQL|Fa RHV H FRQFHLWRV Ew DVLFRV IRUPXODGRV FRP RV WHRUHPDV H UHVXOWDGRV IXQGDPHQWDLV Mw D HVWDEHOHFLGRV &RQWXGR RV SULPHLURV HVWXGRV QR VHQWLGR GH HQFRQWUDU XPD PHGLGD GH LQIRUPD|FD aR WLQKDP Mw D VXUJLGR QD GwHFDGD GH  SHOD Pa DR GH +DUU\ 1\TXLVW 1RV WUDEDOKRV ?&HUWDLQ )DFWRUV $oHFWLQJ 7HOHJUDSK 6SHHG 

(48) H ?&HUWDLQ 7RSLFV LQ 7HOHJUDSK 7UDQVPLVVLRQ 7KHRU\ 

(49)  DQDOLVD D UHOD|FD aR HQWUH D YHORFLGDGH GH XP VLVWHPD WHOHJUw DpFR H R Qw XPHUR GH VLQDLV XVDGRV SHOR VLVWHPD 2 DUWLJR ?7UDQVPLVVLRQ RI ,QIRUPDWLRQ GH 5REHUW +DUWOH\ SXEOLFDGR HP  IRL SRVVLYHOPHQWH R X wQLFR SUHFHGHQWH GR WUDEDOKR GH 6KDQQRQ QR FDPSR GD 7HRULD GD ,QIRUPD|FD aR. &. LWD GR SR U (7  -D \ QH V >  @. .

(50) +DUWOH\ UHFRQKHFHX FODUDPHQWH TXH D UHFHS|Fa DR GH XP VwtPEROR SRVVXL LQIRUPD|FD aR DSHQDV VH Kw D RXWUDV SRVVLELOLGDGHV SDUD R VHX YDORU H SURSA RV XPD Iw RUPXOD SDUD TXDQWLpFDU D LQIRUPD|FD aR , ;

(51). ORJ . RQGH ; wH XPD YDULw DYHO GLVFUHWD H  wH R Qw XPHUR GH SRVVwtYHLV YDORUHV TXH ; SRGH DVVXPLU  4XDQWR v D EDVH GR ORJDULWPR QDV SUw RSULDV SDODYUDV GH +DUWOH\ D VXD HVFROKD GHWHUPLQD D XQLGDGH GH PHGLGD GD LQIRUPD|Fa DR (VWHV WUAHV WUDEDOKRV Va DR FLWDGRV QR SULPHLUR SDUw DJUDIR GR FOw DVVLFR WUDEDOKR GH &ODXGH 6KDQQRQ ?$ 0DWKHPDWLFDO 7KHRU\ RI &RPPXQLFDWLRQ 

(52)  RQGH Va DR FODUDPHQWH UHFRQKHFLGRV FRPR SUROwtpFRV QR GHVHQYROYLPHQWR GD 7HRULD GD ,QIRUPD|FD aR 1R PHVPR DQR HP TXH wH SXEOLFDGR ?$ 0DWKHPDWLFDO 7KHRU\ RI &RPPXQLFDWLRQ 1RUEHUW :LHQHU SXEOLFD LQGHSHQGHQWHPHQWH R WUDEDOKR LQWLWXODGR ?&\EHUQHWLFV >@ RQGH DSUHVHQWD UHVXOWDGRV VHPHOKDQWHV DRV GH 6KDQQRQ 7DQWR 6KDQQRQ FRPR :LHQHU FRQVLGHUDP D FRPX QLFD|Fa DR FRPR DOJR HP TXH XP XP VLQDO wH WUDQVPLWLGR SRU XP FDQDO 3RUwHP QR PRGHOR GH 6KDQQRQ DV PHQVDJHQV Va DR FRGLpFDGDV DQWHV GH VHUHP WUDQVPLWLGDV HQTXDQWR TXH QR PR GHOR GH :LHQHU R VLQDO wH FRPXQLFDGR GLUHFWDPHQWH DWUDYwHV GR FDQDO VHP DQWHV VHU FRGLpFDGR (P  .XOOEDFN H /HLEOHU HVWXGDUDP XPD PHGLGD GH LQIRUPD|Fa DR HQYROYHQGR GXDV GLV WULEXL|Fa RHV GH SUREDELOLGDGH TXH WHP UHFHELGR GLYHUVRV QRPHV FRPR HQWURSLD FUX]DGD HQWURSLD UHODWLYD H GLYHUJAHQFLD GH .XOOEDFN^/HLEOHU HQWUH RXWURV  6LPXOWDQHDPHQWH HVWXGDUDP XPD PHGLGD GH GLYHUJAHQFLD FKDPDGD -^GLYHUJAHQFLD  Mw D HVWXGDGD SRU -HoUH\V HP  $ HQWURSLD GH 6KDQQRQ H D LQIRUPD|FD aR UHODWLYD GH .XOOEDFN^/HLEOHU Va DR PHGLGDV GH LQ IRUPD|FD aR FOw DVVLFDV 1RV X wOWLPRV DQRV WHP DSDUHFLGR QD OLWHUDWXUD Yw DULDV PHGLGDV TXH JHQH UDOL]DP DV DQWHULRUHV FRPR SRU H[HPSOR D PHGLGD GH GLYHUJAHQFLD GH 7DQHMD 

(53) H VXDV JHQHUDOL]D|FR aHV $ FDUDFWHUL]D|FD aR H R HVWXGR GH JHQHUDOL]D|FR aHV GH PHGLGDV GH LQIRUPD|Fa DR H GH GLYHUJAHQFLD SRGHP VHU HQFRQWUDGRV HP >@ (P  -D\QHV UHH[DPLQD R SULQFwtSLR GD Pw D[LPD HQWURSLD GH 6KDQQRQ DSOLFDQGRR D SUREOHPDV FDUDFWHUL]DGRV SRU LQIRUPD|FD aR LQVXpFLHQWH $WUDYwHV GHVWH SULQFwtSLR wH SRVVwtYHO GHWHUPLQDU D GLVWULEXL|FD aR GH XP DFRQWHFLPHQWR GR TXDO DSHQDV Va DR FRQKHFLGDV PHGLGDV PDFURVFw RSLFDV WDLV FRPR D PwHGLD H D YDULA DQFLD (VWH DXWRU HVFUHYHX LQw XPHUDV Sw DJLQDV TXH HVWa DR GLVSRQwtYHLV DSHQDV HP IRUPDWR HOHFWUw RQLFR >@ QDV TXDLV DERUGD Yw DULRV DVSHFWRV GD 7HRULD GDV 3UREDELOLGDGHV H GD 7HRULD GD &RPXQLFD|FD aR.  6H. MD P $ H % GXD V H [ SH ULAH QF LD V D OH D WwR ULD V LQGH SH QGH QWH V H VH MD & D H [ SH ULAH QF LD T XH F R QVLVWH QD UH D OL] D |F aD R w QD WXUD O LPSAR U GH $ H % & D GD UH VXOWD GR GH & QaD R wH PD LV GR T XH XP UH VXOWD GR GH $ H XP UH VXOWD GR GH % ( T XH D LQIR UPD |F aD R F R QWLGD H P & VH MD D VR PD GD V LQIR UPD |F aR H V F R QWLGD V H P $ H H P % $. X w QLF D IXQ|F aD R UH D O GH. Y D ULwD Y H O UH D O QaD R LGH QWLF D PH QWH QXOD  T XH Y H ULpF D H VVD SUR SULH GD GH wH D IXQ|F aD R OR J D ULWPR .  7  7. UD GX] LGR GR LQJ OAH V ? F UR VVH G H QWUR S\   ? UH OD WLY H H QWUR S\  H ? . XOOED F N ^ /H LEOH U GLY H UJ H QF H   UD GX] LGR GR LQJ OAH V ? -^ GLY H UJ H QF H  . .

(54) 1RV X wOWLPRV VHVVHQWD DQRV D 7HRULD GD ,QIRUPD|Fa DR WHP HQFRQWUDGR DSOLFD|FR aHV HP GLIH UHQWHV GRPwtQLRV FRPR SRU H[HPSOR (FRQRPLD (VWDWwtVWLFD /LQJXwtVWLFD 3VLFRORJLD (FRORJLD UHFRQKHFLPHQWR GH SDGUa RHV &LAHQFLDV &RPSXWDFLRQDLV HWF. . )RU PDV *HQHU DOL]DGDV. 9w DULRV DXWRUHV H LQLFLDOPHQWH 6KDQQRQ PRVWUDUDP TXH D PHGLGD GH TXDQWLGDGH GH LQ IRUPD|FD aR wH XQLFDPHQWH GHWHUPLQDGD SRU DOJXQV SRVWXODGRV QDWXUDLV $ HYLGAHQFLD GH TXH D PHGLGD GH LQIRUPD|FD aR GH 6KDQQRQ wH D X wQLFD SRVVwtYHO SHUPDQHFH Yw DOLGD HP UHOD|Fa DR DRV SUREOHPDV GH FRGLpFD|Fa DR FRQVLGHUDGRV SRU 6KDQQRQ PDV Qa DR QHFHVVDULDPHQWH QRXWUR WLSR GH SUREOHPDV 2 PDWHPw DWLFR $OIUwHG 5wHQ\L HYLGHQFLRX TXH RXWUDV TXDQWLGDGHV SRGHULDP DMXVWDU^ VH LJXDOPHQWH RX DLQGD PHOKRU D XPD PHGLGD GH LQIRUPD|FD aR 7DO VHULD VXVWHQWDGR SHOR VHX VLJQLpFDGR >GH PHGLGD GH LQIRUPD|Fa DR@ RSHUDFLRQDO RX SRU XP FRQMXQWR GH SRVWXODGRV TXH D FDUDFWHUL]DVVH VXUJLQGR HQWa DR QD OLWHUDWXUD D LGHLD GH HQWURSLD JHQHUDOL]DGD (P  5wHQ\L SURSA RV XPD HQWURSLD SDUDPwHWULFD SDUA DPHWUR HVFDODU

(55) TXH FRQWwHP D HQ WURSLD GH 6KDQQRQ FRPR FDVR OLPLWH. 6o 3Q. v 3Q w SL

(56) o L  3Q OQ. L  SL bo. DPHWUR D HQWURSLD wH L  SL x  H o  ,5 ,QGHSHQGHQWHPHQWH GR YDORU GHVWH SDUA VHPSUH DGLWLYD QR HQWDQWR QHP VHPSUH wH FA RQFDYD RX FRQYH[D

(57) HP UHOD|Fa DR v D GLVWULEXL|FD aR GH. VHQGR  . SUREDELOLGDGH. $OIUHG 5wHQ\L $ HQWURSLD GH 5wHQ\L wH XPD IRUPD IXQFLRQDO PDLV JHUDO TXH D GH 6KDQQRQ SRUwHP HVWD PHGLGD Qa DR WHP HQFRQWUDGR WDQWDV DSOLFD|FR aHV FRPR D GH 6KDQQRQ 1D )wtVLFD HVWXGRV UHFHQWHV.  ,PD. J H P UH WLUD GD GR H QGH UH |F R . KWWS  Z Z Z  F VF R OXPELD H GX | VD QGH UV J UD SKWKH R U\  SH R SOH  5H Q\ L$ KWPO H P 0 D U|F R GH     . .

(58) WAHP UHYHODGR TXH D HQWURSLD GH 5wHQ\L wH DSURSULDGD QD DQw DOLVH GH VLVWHPDV FRP HVWUXWXUDV PXOWLIUDFWDLV >@ )RUD GR FRQWH[WR GD 7HUPRGLQA DQLFD H GD 7HRULD GD ,QIRUPD|FD aR D Iw RUPXOD GH %ROW]PDQQ^ *LEEV PRVWURX WHU OLPLWD|Fa RHV (OD IDOKD SRU H[HPSOR DR WHQWDU H[SOLFDU D FRPSOH[LGDGH GH IHQw RPHQRV FRPR XP FLFORQH RX D JHRPHWULD IUDFWDO GDV PROwHFXODV GH $'1 w DFLGR GH VR[LUULERQXFOHLFR

(59) H GH RXWUDV PDFURPROwHFXODV %DVLFDPHQWH D Iw RUPXOD FOw DVVLFD PRVWURX^VH LQDGHTXDGD TXDQGR D TXDQWLGDGH GH HQWURSLD GR VLVWHPD wH Qa DR DGLWLYD >@ (P PHDGRV GD GwHFDGD GH RLWHQWD &RQVWDQWLQR 7VDOOLV GHpQLX XPD IRUPD JHQHUDOL]DGD GH HQWURSLD $ VXD LGHLD GHX RULJHP DR DUWLJR ?3RVVLEOH *HQHUDOL]DWLRQ RI %ROW]PDQQ^*LEEV 6WDWLVWLFV SXEOLFDGR HP  QR -RXUQDO RI 6WDWLVWLFDO 3K\VLFV >@ $ HQWURSLD GH 7VDOOLV WHP FRPR FDVR SDUWLFXODU D GH %ROW]PDQQ^*LEEV (VWXGRV UHFHQWHV PRVWUDP TXH HVWD wH DGHTXDGD D PXLWRV FDVRV RQGH D HQWURSLD FOw DVVLFD SDUHFH Qa DR IXQFLRQDU FRPR QR HVWXGR GH UDLRV Fw RVPLFRV PRYLPHQWR GH *DOw D[LDV LPSXOVRV FHUHEUDLV H FDUGwtDFRV DQw DOLVH GD VHTXAHQFLD GH JHQRPD QR $'1 H DWwH HP FLAHQFLDV KXPDQDV FRPR D OLQJXwtVWLFD 6HJXQGR 7VDOOLV RV WUDEDOKRV PDLV SURPLVVRUHV Va DR RV UHODFLRQDGRV FRP D WXUEXOAHQFLD XP GRV SUREOHPDV PDLV FRPSOLFDGRV GD )wtVLFD >@ (VWD HQWURSLD Mw D LQVSLURX FHQWHQDV GH WUDEDOKRV HP WRGR R PXQGR . &RQVWDQWLQR 7VDOOLV $ H[SUHVVa DR SURSRVWD SDUD JHQHUDOL]DU D 0HFA DQLFD (VWDWwtVWLFD GH %ROW]PDQQ^*LEEV wH FD UDFWHUL]DGD SRU XP SDUA DPHWUR ?T 1R FDVR OLPLWH HP TXH T.  D Iw RUPXOD UHSURGX] D. HQWURSLD WUDGLFLRQDO $ JUDQGH GLIHUHQ|FD FRP D H[SUHVVa DR GH %ROW]PDQQ^*LEEV wH D VXD Qa DR DGLWLYLGDGH.  1. R H QGH UH |F R KWWS  WVD OOLVF D WF ESIEU ELEOLR KWP H QF R QWUD ^ VH XPD OLVWD F R P F H UF D GH XP PLOKD U GH WUD . ED OKR V $ OLVWD wH UH J XOD UPH QWH D F WXD OL] D GD SR U 7 VD OOLV  ,PD J H P UH WLUD GD GR H QGH UH |F R KWWS  Z Z Z D EF R UJ EU R UJ  D F D D VS"F R GLJ R GH & LAH QF LD V H P 0 D U|F R GH     . . WVD OOLV GD $ F D GH PLD %UD VLOH LUD.

(60) $ H[SUHVVa DR LQWURGX]LGD SRU 7VDOOLV SDUD D HQWURSLD JHQHUDOL]DGD wH 6T u N. 3  b L  STL Tb. 

(61). RQGH N wH XPD FRQVWDQWH SRVLWLYD FXMR YDORU GHSHQGH GD XQLGDGH D XWL]DU T  ,5 FDUDFWHUL]D D. HVWDWwtVWLFD SDUWLFXODU H  wH R Qw XPHUR WRWDO GH FRQpJXUD|FR aHV PLFURVFw RSLFDV FXMDV SUREDELOLGDGHV. Va DR ISL J $ H[SUHVVa DR 

(62) Mw D WLQKD VLGR DQWHULRUPHQWH LQWURGX]LGD QRXWURV FRQWH[WRV WDLV FRPR D &LEHUQwHWLFD H D 7HRULD GD ,QIRUPD|FD aR XWLOL]DQGR XP IDFWRU GLIHUHQWH

(63) SRU +DUYGD H &KDUYDW HP  (P  'DURF]\ UHGHVFREUH HVWD Iw RUPXOD (P  6KDUPD H 0LWWDO GHpQHP XPD IRUPD ELSDUDPwHWULFD TXH WHP FRPR FDVR SDUWLFXODU D HQWURSLD GH 7VDOOLV >@ &RQ WXGR HQTXDQWR TXH HVWDV WHQWDWLYDV IRUDP HODERUDGDV VHP QHQKXP REMHFWLYR FRQFUHWR SDUD D )wtVLFD 7VDOOLV WHYH VHPSUH FRPR REMHFWLYR D JHQHUDOL]D|FD aR GD 0HFA DQLFD (VWDWwtVWLFD H GD 7HUPRGLQA DPLFD XVXDLV (P  wH SXEOLFDGR XP DUWLJR GD DXWRULD GH 5REHUWR 6DQWRV >@ RQGH wH DSUHVHQWDGD XPD LQWHUHVVDQWH GLVFXVVa DR VREUH D XQLFLGDGH GD HTXD|Fa DR GD HQWURSLD GH 7VDOOLV 6DQWRV HV WDEHOHFH XP FRQMXQWR GH TXDWUR D[LRPDV H VHJXLQGR DV OLQKDV GD GHPRQVWUD|Fa DR DSUHVHQWDGD SRU 6KDQQRQ >@ GHPRQVWUD D XQLFLGDGH GD Iw RUPXOD GH 7VDOOLV 1D D[LRPw DWLFD GH 6DQWRV SURFHGH^VH D XPD JHQHUDOL]D|Fa DR QDWXUDO GRV D[LRPDV GH 6KDQQRQ SDUD VLVWHPDV Qa DR H[WHQ VLYRV HVWDEHOHFHQGR GH DOJXPD IRUPD XP SDUDOHOLVPR FRP D D[LRPw DWLFD GH 6KDQQRQ 1D PHVPD OLQKD GH SHQVDPHQWR 6XPL\RVKL $EH SXEOLFD HP  R DUWLJR ?$[LRPV DQG XQLTXHQHVV WKHRUHP IRU 7VDOOLV HQWURS\ >@ QR TXDO JHQHUDOL]D RV D[LRPDV GH .KLQFKLQ EDVHDQGR^VH QR FRQFHLWR GH HQWURSLD FRQGLFLRQDO Qa DR H[WHQVLYD 6HJXLQGR HVVHQFLDOPHQWH R UDFLRFwtQLR DSUHVHQWDGR HP >@ H[Sa RH XPD SURYD FRPSOHWD GD XQLFLGDGH GR WHRUHPD GH 7VDOOLV FRPSOHWDQGR DVVLP D GLVFXVVa DR GH 6DQWRV ([LVWHP RXWUDV IRUPDV GH JHQHUDOL]DGDV GH HQWURSLD SDUD DOwHP GHVWDV &RQWXGR D HQWURSLD GH 7VDOOLV H D GH 5wHQ\L SDUHFHP VHU DV TXH DFWXDOPHQWH GHVSHUWDP PDLRU LQWHUHVVH QD FRPXQLGDGH FLHQWwtpFD 1R WUDEDOKR GH 7DQHMD >@ HQFRQWUD^VH XPD ORQJD OLVWD FRP FHUFD GH WULQWD Iw RUPXODV GH HQWURSLDV JHQHUDOL]DGDV TXH Ya DR GHVGH DV SDUDPwHWULFDV WULJRQRPwHWULFDV DWwH v DV SRQGHUDGDV .  +. D UY GD. H & KD UY D W    

(64)  ? 4XD QWLpF D WLR Q 0 H WKR G R I & OD VVLpF D WLR Q 3UR F H VVH V & R QF H SW R I 6WUXF WXUD O. D ^ (QWUR S\   . \ EH UQH WLF D  Y R O  SS  ^    >  @.  ' D UR F ] \  6KD UPD.  ? *H QH UD OL] H G ,QIR UPD WLR Q 0 H D VXUH V  ,QIR UPD WLR Q D QG & R QWUR O Y R O   SS  ^    >  @ H 0 LWWD O    

(65)  ? 1 H Z 1 R QD GGLWLY H 0 H D VXUH V R I ,QD F F XUD F \   - 0 D WK 6F L Y R O    SS   ^    . >  @.  $. LGH LD GH XPD H QWUR SLD SD UD PwH WULF D VXUJ LX SH OD SULPH LUD Y H ] D WUD Y w H V GH 5wH Q\ L H P      ' R LV D QR V. PD LV WD UGH  VXUJ H P D V H QWUR SLD V WULJ R QR PwH WULF D V SR U $ F ] wH O H ' D UwR F ] \  (P     D V H QWUR SLD V SR QGH UD GD V VaD R LQLF LD GD V SR U %H OLV H *XD LVX>  @. .

(66) . /LVWD GH )w RU PXODV GH ( QWU RSLD. (P >@ 7DQHMD RUJDQL]D XPD OLVWD FRP GLYHUVDV Iw RUPXODV GH (QWURSLD +L  &RP D GHYLGD DXWRUL]D|Fa DR GR DXWRU WUDQVFUHYH^VH DTXL SDUWH GHVVD OLVWD $V Iw RUPXODV Va DR GLIHUHQFLDGDV SRU XP wtQGLFH TXH Qa DR SRVVXL TXDOTXHU VLJQLpFDGR PDWHPw DWLFR 1R TXH VH VHJXH FRQVLGHUH^VH TXH RV ORJDULWPRV Va DR GH EDVH  H TXH 3. S      SQ

(67) wH XPD. GLVWULEXL|FD aR GH SUREDELOLGDGHV QR VHQWLGR XVXDO LVWR wH.  x SL x . H. Q ; L. SL.  . . &RQWXGR HP DOJXPDV GDV Iw RUPXODV DSUHVHQWDGDV wH QHFHVVw DULR DVVXPLU TXH SL !  3DUD 3Q 3 VLPSOLpFDU D QRWD|Fa DR GHQRWD^VH L  DSHQDV SRU L  6KDQQRQ 

(68)  + 3

(69). b. 3. L SL ORJ SL. 5w HQ\L 

(70)  + 3

(71). 3  ORJ L SL U

(72) bU. U !  U . . $F]w HO H 'DUw RF]\ 

(73)  3 U L SL ORJ SL 3 U. + 3

(74). b. + 3

(75).  ORJ VbU. + 3

(76).  DUFWDQ V. U!. L SL. „3. SU 3L LV L SL. . „3. S U VLQ V ORJ SL

(77) 3 L LU L SL FRV V ORJ SL

(78). . U. V U V ! . V.  U V ! . 9DUPD 

(79)  + 3

(80). + 3

(81). t3 u  ORJ SL UbP L PbU. t3 u  U P ORJ S L L P P b U

(82). . P y  P b   U  P P y    U  P.

(83) .DSXU 

(84)  + 3

(85). bW . . v 3 WVb w S L L 3 ORJ V L. SL. W.  W !  V y . V.  V ! . +DUYGD H &KDUYDW 

(86)  + 3

(87). . 3.  bV b  . %HOLV H *XLDVX 

(88)  + 3

(89). b. V L SL b 

(90). 3. L SL ZL ORJ SL. ZL ! . 5DWKLH 

(91)   ORJ bU. „3. SL UVL L3 VL L SL. b. . . U.  U !  VL y . W.  W ! . + 3

(92). t  I Vb

(93) 3L SL ORJ SL J b  u V   bV b .  V ! . + 3

(94). K 3 L   U

(95) UVb b b . S L L bV b . + 3

(96). $ULPRWR 

(97)  + 3

(98). . Wb b . xt 3. . L SL. u W W. y. b. 6KDUPD H 0LWWDO 

(99) . U V .  U V ! . 6KDUPD H 7DQHMD  

(100)  + 3

(101).  5H  6H. 3 bUb L SL U ORJ SL. . 3. U V L SL b SL

(102). U. V U V ! . bU ; U S VLQ V ORJ SL

(103) VLQ V L L. V. N} N  ,1 U ! . + 3

(104).  bU b  bV. + 3

(105). b. . U!. . SD UH ^ VH T XH D H [ SUH VVaD R wH LJ XD O vD GD H QWUR SLD GH 7 VD OOLV D PH QR V GH XPD F R QVWD QWH  3 H P + VH WR PD U V U   R EWwH P^ VH + 3

(106) b L SL b 

(107)  T XH wH D H QWUR SLD GH 7 VD OOLV SD UD R. .

(108) 3LFDUG 

(109)  3 L YL ORJ SL 3. + 3

(110). b. + 3

(111).  ORJ bU. L YL. „3. b.  SL U  YL L3 U L YL.  U ! . 6DQW DQQD H 7DQHMD 

(112)  + 3

(113). 3. L SL ORJ. v. VLQ V SL

(114)  VLQ V 

(115). w. V}. .DSXU 

(116)  + 3

(117). b. 3. L ORJ b   SL

(118).  RQGH b wH D IXQ|Fa DR JDPD. $ SULPHLUD GDV HQWURSLDV DTXL OLVWDGD D HQWURSLD GH 6KDQQRQ IRL GHpQLGD D[LRPDWLFDPHQWH 2 FDSwtWXOR VHJXLQWH wH GHGLFDGR DR HVWXGR GHVVD GHpQL|Fa DR H GDV VXDV SURSULHGDGHV. F D VR GH T.   D PH QR V GH XPD F R QVWD QWH . .

(119) .

(120) &DSwtWXOR . ( QWU RSLD GH 6KDQQRQ ?6XSSRVH ZH KDYH D VHW RI SRVVLEOH HYHQWV ZKRVH SUREDELOLWLHV RI RFFXUUHQFH 

(121) DUH NQRZQ EXW WKDW LV DOO ZH NQRZ FRQFHUQLQJ ZKLFK HYHQW ZLOO RFFXU &DQ ZH pQG D PHDVXUH RI KRZ PXFK FKRLFH LV LQYROYHG LQ WKH VHOHFWLRQ RI WKH HYHQW RU RI KRZ XQFHUWDLQ ZH DUH RI WKH RXWFRPH" &ODXGH 6KDQQRQ >@. 1R FDSwtWXOR DQWHULRU YLPRV TXH R FRQFHLWR GH (QWURSLD VXUJLX SHOD SULPHLUD YH] QR FRQWH[WR GD 7HUPRGLQA DPLFD HP  H TXDVH XP VwHFXOR GHSRLV wH DVVRFLDGR SRU 6KDQQRQ D XPD TXDQWLGDGH GH LQIRUPD|Fa DR $ GHpQL|Fa DR D[LRPw DWLFD GH HQWURSLD HODERUDGD SRU 6KDQQRQ IRL SXEOLFDGD SHOD SULPHLUD YH] HP  $ H[SUHVVa DR TXH WUDGX] D HQWURSLD wH GHpQLGD D SDUWLU GH WUAHV D[LRPDV GDQGR RULJHP DR FRQKHFLGR 7HRUHPD GH 8QLFLGDGH GH 6KDQQRQ 1D OLWHUDWXUD HQFRQWUDP^VH GLIHUHQWHV IRUPXOD|FR aHV GHVWD D[LRPw DWLFD SRU H[HPSOR DV GH .KLQFKLQ >@ H GH $VK >@ (VWH X wOWLPR DVVXPH TXDWUR FRQGL|Fa RHV QD VXD D[LRPw DWLFD XPD GHODV FRQKHFLGD SRU ?D[LRPD GH JUXSR SRGH VHU FRQVLGHUDGD FRPR XPD JHQHUDOL]D|Fa DR GR D[LRPD ,,, GH 6KDQQRQ 1D VHF|Fa DR  DSUHVHQWDPRV D D[LRPw DWLFD GH 6KDQQRQ R FRQVHTXHQWH 7HRUHPD GH 8QLFLGDGH H VXD GHPRQVWUD|FD aR VHJXLQGR HVVHQFLDOPHQWH RV SDVVRV GHVFULWRV SRU 6KDQQRQ HP >@

(122)  $ GHPRQVWUD|FD aR GHVWH WHRUHPD UHFRUUH D XPD IRUPD PDLV JHUDO GR D[LRPD ,,, GH 6KDQQRQ 3RU HVVH PRWLYR SURSRPRV XP UDFLRFwtQLR TXH OHYD v D JHQHUDOL]D|FD aR GR GLWR D[LRPD FRP EDVH HP DUJXPHQWRV LQWXLWLYRV 1D VHF|FD aR  HQXPHUDP^VH DOJXPDV GDV SURSULHGDGHV GD HQWURSLD 1D VHF|FD aR VHJXLQWH GHpQHP^VH HQWURSLDV PXOWLYDULDGDV QRPHDGDPHQWH D HQWURSLD FRQMXQWD H FRQGLFLRQDGD H HQXPHUDP^VH DOJXPDV GDV VXDV SURSULHGDGHV 1R FRQWH[WR GD 7HRULD GD ,QIRUPD|FD aR 6KDQQRQ DERUGD WDPEwHP R FDVR GDV YDULw DYHLV FRQWwtQXDV GHpQLQGR D HQWURSLD GLIHUHQFLDO 1D VHF|Fa DR  DSUHVHQWDPRV D GHpQL|Fa DR GHVWD HQWURSLD DVVLP FRPR DV .

(123) GDV HQWURSLDV FRQGLFLRQDGD H FRQMXQWD SDUD YDULw DYHLV FRQWwtQXDV

(124)  1D VHF|Fa DR VHJXLQWH ID]^VH XPD EUHYH UHIHUAHQFLD DR 3ULQFwtSLR GD 0w D[LPD (QWURSLD. . 'HpQL|Fa DR $[LRPw DWLFD GH 6KDQQRQ. 8P FRQFHLWR IXQGDPHQWDO GD 7HRULD GD ,QIRUPD|Fa DR wH R GH HQWURSLD TXH PXLWDV YH]HV SRGH WHU XP VLJQLpFDGR PDWHPw DWLFR FRPR TXDQWLGDGH QXPwHULFD PHQVXUw DYHO FRP EDVH QXP PRGHOR SUREDELOwtVWLFR (VWD LQWHUSUHWD|Fa DR PDWHPw DWLFD SHUPLWH TXH D VROX|Fa DR GH PXLWRV SUREOHPDV LPSRUWDQWHV GH DUPD]HQDPHQWR H WUDQVPLVVa DR GH LQIRUPD|Fa DR SRVVDP VHU IRUPXODGRV HP WHUPRV GHVWD PHGLGD GH TXDQWLGDGH GH LQIRUPD|FD aR $ HQWURSLD GH XPD YDULw DYHO DOHDWw RULD wH GHpQLGD HP IXQ|FD aR GD VXD GLVWULEXL|FD aR GH SUREDELOLGDGH H UHYHOD^VH FRPR XPD PHGLGD GH LQFHUWH]D RX GH DOHDWRULHGDGH. . 7 HRU HPD GD 8QLFLGDGH. &RQVLGHUH^VH XPD H[SHULAHQFLD DOHDWw RULD FRP Q UHVXOWDGRV SRVVwtYHLV FXMDV SUREDELOLGDGHV GH RFRUUAHQFLD Va DR S  S      SQ  6HJXQGR 6KDQQRQ VH H[LVWLU XPD PHGLGD + S      SQ

(125) TXH LQGLTXH D LQFHUWH]D VREUH R UHVXOWDGR GD H[SHULAHQFLD wH UD]Rw DYHO LPSRUOKH DV VHJXLQWHV SUR SULHGDGHV 3URSULHGDGH , $ IXQ|Fa DR + GHYH VHU FRQWwtQXD QRV SL  3URSULHGDGH ,, SQ Q HQWa DR + Q

(126) GHYH VHU XPD IXQ|FD aR PRQw RWRQD FUHVFHQWH 3DUD DFRQ WHFLPHQWRV HTXLSURYw DYHLV Kw D XPD PDLRU LQFHUWH]D VREUH R UHVXOWDGR TXDQGR R Qw XPHUR 6H S. . GH UHVXOWDGRV SRVVwtYHLV DXPHQWD 3URSULHGDGH ,,, 6H XPD HVFROKD IRU VXEGLYLGLGD HP GXDV HVFROKDV VXFHVVLYDV HQWa DR D HQWURSLD RULJLQDO GHYH VHU D VRPD SRQGHUDGD GDV GXDV HQWURSLDV LQGLYLGXDLV $V SURSULHGDGHV GHVFULWDV SHUPLWHP HQXQFLDU R 7HRUHPD GH 6KDQQRQ 7HRUHPD $ X wQLFD IXQ|Fa DR + TXH VDWLVID] DV SURSULHGDGHV ,^,,, wH GD IRUPD bN. + S      SQ

(127). Q ; L. SL OQ SL. . RQGH N wH XPD FRQVWDQWH SRVLWLYD  1 R R ULJ LQD O ? ,I D F KR LF H EH EUR N H Q GR Z Q LQWR WZ R VXF F F H VVLY H F KR LF H V WKH R ULJ LQD O + VKR XOG EH Z H LJ KWH G R I WKH LQGLY LGXD O Y D OXH V R I +   >  @. .

(128) (VWD TXDQWLGDGH + wH GHVLJQDGD SRU HQWURSLD GR FRQMXQWR GH SUREDELOLGDGHV S      SQ

(129)  $SHVDU GH Qa DR HVWDU HQXQFLDGR QR RULJLQDO FRQYHQFLRQD^VH TXH [ OQ [ wH LJXDO D ]HUR TXDQGR  SHOR TXH VH SUHVHUYD D  (VWD FRQYHQ|FD aR wH MXVWLpFDGD SHOR IDFWR GH OLP [ OQ [ [ FRQWLQXLGDGH GH + 3RU DEXVR GH OLQJXDJHP HVFUHYH^VH  OQ   [. $ FDGD H[SHULAHQFLD DOHDWw RULD FRP HVSD|FR GH UHVXOWDGRV GLVFUHWR H pQLWR SRGH VHU DVVRFLDGD XPD YDULw DYHO DOHDWw RULD ; TXH WUDGX] RV Q UHVXOWDGRV SRVVwtYHLV GHVVD H[SHULAHQFLD [      [Q

(130) H FRQVHTXHQWHPHQWH D XPD IXQ|Fa DR GH SUREDELOLGDGH S      SQ

(131)  LVWR wH. SL. 3 ;. [L

(132). .  x SL x . Q ;. H. L. SL. . . $R ORQJR GHVWH WH[WR XVDP^VH DV QRWD|FR aHV + ;

(133)  + 3

(134) RX + S      SQ

(135)  SDUD GHQRWDU D HQWURSLD + ;

(136). + 3

(137). + S      SQ

(138). bN. Q ; L. SL OQ SL . 

(139). . $ HQWURSLD SRGH VHU LQWHUSUHWDGD FRPR D TXDQWLGDGH GH LQIRUPD|FD aR TXH VH REWwHP DR UHD OL]DU D H[SHULAHQFLD RX HTXLYDOHQWHPHQWH FRPR D TXDQWLGDGH GH LQFHUWH]D TXH VH WHP VREUH R UHVXOWDGR GD H[SHULAHQFLD (VWD LQFHUWH]D Qa DR GHSHQGH GRV YDORUHV TXH D YDULw DYHO DOHDWw RULD ; DVVXPH QHP GH TXDOTXHU RXWUD FDUDFWHUwtVWLFD D Qa DR VHU GDV SUREDELOLGDGHV DVVRFLDGDV D HVVHV YDORUHV $ IXQ|Fa DR HQWURSLD GH 6KDQQRQ wH IDFLOPHQWH UHSUHVHQWDGD JUDpFDPHQWH QR FDVR GH VH WHUHP aR S GRLV UHVXOWDGRV SRVVwtYHLV $V SUREDELOLGDGH S H S  YHULpFDP D UHOD|FD.  b S  SHOR. TXH + GHSHQGH DSHQDV GH XPD GDV SUREDELOLGDGHV 2 JUw DpFR GD IXQ|Fa DR + S  S

(140)  RX VHMD + S   b S

(141)  wH R VHJXLQWH. *Uw DpFR GD IXQ|Fa DR HQWURSLD GH 6KDQQRQ + S  S

(142)  .

(143) $ HVFROKD GD EDVH GR ORJDULWPR FRUUHVSRQGH PHUDPHQWH v D GHpQL|FD aR GH XPD XQLGDGH SDUD D PHGLGD GH LQIRUPD|FD aR $R XWLOL]DU D EDVH  D XQLGDGH UHVXOWDQWH wH R GwtJLWR ELQw DULRV RX DEUHYLDGDPHQWH ELW R TXH VLJQLpFD TXH D XQLGDGH GH PHGLGD wH D TXDQWLGDGH GH LQFHUWH]D DVVRFLDGD D XPD H[SHULAHQFLD FRP GRLV UHVXOWDGRV SRVVwtYHLV 1D EDVH  REWwHP^VH R GwtJLWR GHFLPDO H QD EDVH H R GwtJLWR QDWXUDO $ PXGDQ|FD GD EDVH D SDUD D EDVH E UHTXHU DSHQDV D PXOWLSOLFD|FD aR SRU ORJE D SHOR TXH D H[LVWAHQFLD GD FRQVWDQWH SRVLWLYD N SHUPLWH D SDVVDJHP SDUD TXDOTXHU EDVH ORJDUwtWPLFD VXSHULRU D 

(144)  1R OLYUR GH 6KDQQRQ >@ wH XWLOL]DGD D QRWD|Fa DR ORJ QD GHpQL|Fa DR GD HQWURSLD FRQWXGR GD OHLWXUD GR OLYUR VXEHQWHQGH^VH TXH HVWH VwtPEROR aR D QRWD|Fa DR GHQRWD R ORJDULWPR QHSHULDQR  3RU HVVH PRWLYR DGRSWD^VH QHVWD GLVVHUWD|FD QHSHULDQD QD GHpQL|FD aR GD HQWURSLD GH 6KDQQRQ. . *HQHU DOL]D|Fa DR GR $[LRPD , , ,. $QWHV GH SURFHGHU v D GHPRQVWUD|FD aR GR WHRUHPD wH FRQYHQLHQWH WRUQDU FODUR R VHQWLGR GD SUR SULHGDGH ,,, (P >@ 6KDQQRQ DSUHVHQWD XPD VLWXD|Fa DR SDUWLFXODU SRU IRUPD D H[HPSOLpFDU R VHX VLJQLpFDGR $ H[SUHVVa DR TXH UHVXOWD GHVVH H[HPSOR wH D VHJXLQWH + S  S  S

(145). + S  S  S

(146)  S  S

(147) +. v. S S  S  S S  S. w. 

(148). $ SURSULHGDGH ,,, wH HQXQFLDGD SDUD R FDVR GH VH HIHFWXDU XPD VHTXAHQFLD GH GXDV HVFROKDV FRQTXDQWR wH JHQHUDOL]w DYHO DR FDVR GH VH WRPDU PDLV GR TXH GXDV VXFHVVa RHV GH HVFROKDV $ JHQHUDOL]D|FD aR HQFRQWUD^VH IRUPXODGD SRU H[HPSOR SRU -D\QHV HP >@ 2SWRX^VH SRU GHVFUHYHU XP SURFHVVR TXH OHYD v D JHQHUDOL]D|FD aR GH 

(149)  FRP EDVH HP UDFLRFwtQLRV LQWXLWLYRV PDV Qa DR LPHGLDWRV

(150) DSUHVHQWDGRV GH IRUPD FRQVWUXWLYD FRPR VH SDVVD D GHVFUHYHU &RQVLGHUH^VH XP FRQMXQWR : IRUPDGR SRU Q HOHPHQWRV FRP SUREDELOLGDGHV GH RFRUUAHQFLD S      SQ  $ VHOHF|Fa DR GH XP HOHPHQWR GHVVH FRQMXQWR SRGH VHU HIHFWXDGD SRU XPD VHTXAHQFLD GH GXDV HVFROKDV GD VHJXLQWH IRUPD  GLVWULEXHP^VH RV HOHPHQWRV GH : SRU N FRQMXQWRV &      &N  VHQGR T      TN DV SUR EDELOLGDGHV DVVRFLDGDV v D RFRUUAHQFLD GHVWHV FRQMXQWRV  FDGD FRQMXQWR &L wH IRUPDGR SRU QL HOHPHQWRV VHQGR DL      DLQL DV SUREDELOLGDGHV DVVRFLDGDV D FDGD XP TXDQGR RFRUUH &L RX VHMD DV SUREDELOLGDGHV FRQGLFLRQDGDV SRU &L

(151) 3DUD VHOHFFLRQDU XP HOHPHQWR HVFROKH^VH HP SULPHLUR OXJDU XP FRQMXQWR H GHVVH FRQMXQWR HVFROKH^VH XP HOHPHQWR (VTXHPDWLFDPHQWH WHP^VH.  (P >.   SS   @ H QF R QWUD ^ VH D SD VVD J H P GH.  . SD UD OR J. . S. H SH OR T XH VH WUD WD GR OR J D ULWPR QH SH ULD QR .

(152) D HVFROKD FRQMXQWR L

(153) &. D HVFROKD 3 &L

(154). 3URE RFRUUHU. HOHPHQWR M GH &L

(155). 3 HOHPHQWR MM &L

(156). HOHPHQWR M GH &L. . D. S. . D. S. . . . Q . DQ  D D. SQ SQ  SQ . . . . Q  . DQ  . SQ Q  .  . DN DN. . . SQ QNb  SQ QNb  . QN. DNQN. SQ QN. T.  &. T.   &N. TN. N ;. N FRQMXQWRV. L. QL. Q HOHPHQWRV. . . VHQGR TL. 3 &. &L

(157). DLM. H. 3 ;. [M M &. &L

(158). VHQGR & H ; DV YDULw DYHLV DOHDWw RULDV TXH LQGLFDP UHVSHFWLYDPHQWH R FRQMXQWR H R HOHPHQWR VHOHFFLRQDGRV 5HSDUH^VH TXH RV HOHPHQWRV D VHU VHOHFFLRQDGRV SHUWHQFHQWHV DR FRQMXQWR :

(159) WAHP SURED ELOLGDGHV GH RFRUUAHQFLD S      SQ  SHOR TXH D SUREDELOLGDGH GH VHOHFFLRQDU R HOHPHQWR M GR FRQMXQWR &L  TXH wH LJXDO D TL c DLM  WHP GH YHULpFDU TL c DLM. SQ QLb M. 

(160). RX VHMD  ! SP ! ! ! ! . P. ! ! ! ! !  Q . TL c DLM Lb ; QN  M  N  . $ FRQGL|Fa DR ,,, DpUPD TXH D HQWURSLD DVVRFLDGD v D HVFROKD GR HOHPHQWR QXP Vw R SDVVR LVWR wH + S     SQ

(161) GHYH FRLQFLGLU FRP D VRPD SRQGHUDGD GDV HQWURSLDV LQGLYLGXDLV GD VHTXAHQFLD GH HVFROKDV

(162)  .

(163) 1D SULPHLUD HVFROKD WHP GH VH RSWDU SRU XP GH HQWUH N SRVVwtYHLV FRQMXQWRV FRP SURED D ELOLGDGHV T      TN  SHOR TXH D HQWURSLD DVVRFLDGD wH + T      TN

(164)  $ HQWURSLD DVVRFLDGD v HVFROKD GH XP GRV HOHPHQWRV GR FRQMXQWR &L  TXH RFRUUH FRP SUREDELOLGDGH TL  wH GDGD SRU + DL      DLQL

(165)  'DGR TXH DQWHV GD VHJXQGD HVFROKD SRGH WHU RFRUULGR TXDOTXHU XP GRV DR D HQWURSLD DVVRFLDGD v D VHJXQGD HVFROKD wH FRQMXQWRV &  &      &N  HQWa T + D      DQ

(166)      TN + DN      DNQN

(167)  ( GD FRQGL|Fa DR ,,, UHVXOWD TXH + S      SQ

(168). + T      TN

(169)  T + D      DQ

(170)      TN + DN      DNQN

(171) . 6H DOJXP GRV TL IRU QXOR D SDUFHOD TL + DL      DLQL

(172) wH WDPEwHP QXOD SHOR TXH SRGH VHU DR Qa DR QXORV H DSOLFDU D HOLPLQDGD GD H[SUHVVa DR 3RGH^VH HQWa DR VXSRU TXH WRGRV RV TL Va UHOD|Fa DR 

(173) QD LJXDOGDGH DQWHULRU REWHQGR^VH + S      SQ

(174). + T      TN

(175)  T +. v. SQ S S    T T T. T +. v. SQ Q SQ  SQ      T T T. TN +. v. SQ Q Nb

(176) TN. + T      TN

(177) . N ;. M. . TM +. . w.  . SQ Q Nb

(178)  TN „ S3 Lb N. w. .  QN   TL. SQ QN   T. w. S3Lb Q  S3L Q  N N N  N    TL TL. 3HOR TXH VH SRGH JHQHUDOL]DU D FRQGL|Fa DR ,,, GD VHJXLQWH IRUPD &RQVLGHUDQGR XP FRQMXQWR : FRP Q UHVXOWDGRV SRVVwtYHLV VHQGR S      SQ D GLV WULEXL|Fa DR GH SUREDELOLGDGH DVVRFLDGD H SDUWLFLRQDQGR HVVH FRQMXQWR QRV VXEFRQ MXQWRV :  :      :N GH PRGR D TXH R FRQMXQWR :L WHQKD QL UHVXOWDGRV SRVVwtYHLV 3 NL  QL Q

(179) FRP SUREDELOLGDGHV Lb ; SEL   SEL       SEL QL  VHQGR EL QM H Q  M  H FRQVHTXHQWHPHQWH D SUREDELOLGDGH GH RFRUUAHQFLD GR FRQMXQWR :L wH EL; QL. TL. P EL . SP. HQWa DR H[LJH^VH TXH + S      SQ

(180). + T      TN

(181) . N ;. L TL. . TL +. . . . v. SE Q SEL  SEL    L L TL TL TL. w. . 

(182).

(183) (VWH UHVXOWDGR wH FRQKHFLGR SRU D[LRPD GH JUXSR H HQFRQWUD^VH IRUPDOL]DGR SRU H[HPSOR SRU 5REHUW $VK HP >@. . 'HPRQVWU D| Fa DR GR 7 HRU HPD GD 8QLFLGDGH. $WHQGHQGR v D LQWHUSUHWD|Fa DR GD HQWURSLD FRPR XPD TXDQWLGDGH GD LQFHUWH]D LQHUHQWH DR UH VXOWDGR GH XPD H[SHULAHQFLD wH w REYLR TXH TXDQGR H[LVWH XP X wQLFR UHVXOWDGR D HQWURSLD VHMD QXOD 'D H[SUHVVa DR 

(184) IDFLOPHQWH VH FRQFOXL TXH + 

(185) S.  H S.  'H IDFWR DR FRQVLGHUDU Q. .  UHVXOWD TXH + 

(186)   c +  

(187). +  

(188) H SRUWDQWR. + 

(189). . 

(190). &RQVHTXHQWHPHQWH SRGH^VH SURYDU TXH + S      SQ  

(191). + S      SQ

(192) . 

(193). 'H IDFWR EDVWD REVHUYDU TXH + S      SQ  

(194). + S      SQ

(195)  

(196)  S      SQ

(197) + S      SQ

(198) + S      SQ  

(199). + 

(200)  + S      SQ

(201). SHOR TXH + S      SQ  

(202). + S      SQ

(203) . 1D GHPRQVWUD|FD aR GR WHRUHPD GH 6KDQQRQ XWLOL]DP^VH GRLV UHVXOWDGRV TXH SRGHP VHU GHGX]LGRV D SDUWLU GDV SURSULHGDGHV ,^,,, QRPHDGDPHQWH L

(204) $ HQWURSLD DVVRFLDGD v D VHOHF|FD aR GH XP HOHPHQWR GH HQWUH XP FRQMXQWR FRP VP HOHPHQWRV HTXLSURYw DYHLV V P  ,1

(205)  QXPD X wQLFD HVFROKD wH + VP      VP

(206)  $R SDUWLFLRQDU HVVD HVFROKD HP P HVFROKDV FDGD XPD FRP V UHVXOWDGRV HTXLSURYw DYHLV YHULpFD^VH TXH +. v.    P P V V. w. P+. v.    V V. w. . 

(207). $ GHGX|Fa DR GHVWH UHVXOWDGR HQFRQWUD^VH HP >@. LL

(208) 2 VHJXQGR UHVXOWDGR D XWLOL]DU wH XP FDVR SDUWLFXODU GD HTXD|Fa DR 

(209)  JHQHUDOL]D|FD aR GD SURSULHGDGH ,,, &RQVLGHUH^VH XP FRQMXQWR FRP Q UHVXOWDGRV HTXLSURYw DYHLV LVWR wH FRP IXQ|Fa DR GH SUREDELOLGDGH S      SQ

(210). Q      Q

(211)  6H HVWH FRQMXQWR IRU GLYLGLGR HP N .

(212) 3 FRQMXQWRV :      :N  FDGD XP FRP QL UHVXOWDGRV HTXLSURYw DYHLV NL D SUREDELOLGDGH GH RFRUUAHQFLD GH FDGD FRQMXQWR :L wH. . QL. QL  Q. TL. Q

(213)  HQWa DR. 

(214). 'D HTXD|Fa DR 

(215) UHVXOWD + H FRPR Q. 3N. L. +. v. v. .    Q Q. w. + T      TN

(216) . N ; L. TL +. . v.  Q  Q  TL TL. w. QL  HQWa DR . 3. L QL. .  3. L QL. w. + T      TN

(217) . N ; L. . TL +. v.    QL QL. w. 

(218). VHQGR RV TL GHpQLGRV SRU 

(219)  5HSDUH^VH TXH QL wH H[DFWDPHQWH D SUREDELOLGDGH GH VHOHF|Fa DR GH XP GHWHUPLQDGR HOHPHQWR GR FRQMXQWR :L  FRQGLFLRQDGD SHOD RFRUUAHQFLD GH :L . 7HQGR HQXQFLDGR HVWDV SURSULHGDGHV SURFHGH^VH DJRUD v D GHGX|Fa DR GD Iw RUPXOD GH HQWURSLD VHJXLQGR DV OLQKDV DSUHVHQWDGDV SRU 6KDQQRQ HP >@ 6HMD $ D IXQ|Fa DR TXH GHpQH D HQWURSLD QR FDVR GD HTXLSUREDELOLGDGH LVWR wH $ Q

(220) u +. v.    Q Q. w. . 

(221). 6HMD V  ,1QIJ H N  ,1 2 UHVXOWDGR L

(222) JDUDQWH TXH H[LVWH XPD UHOD|Fa DR HQWUH D TXDQWLGDGH N GH HQWURSLD HQYROYLGD QXPD HVFROKD GH V UHVXOWDGRV HTXLSURYw DYHLV H D HQYROYLGD QXPD VwHULH GH N HVFROKDV WRGDV HTXLSURYw DYHLV QRPHDGDPHQWH $ VN

(223). N $ V

(224)   N  ,1 . 

(225). XPHUR 6HMD W  ,1QIJ 3DUD XP LQWHLUR Q VXpFLHQWHPHQWH HOHYDGR wH SRVVwtYHO WRPDU XP Qw. LQWHLUR P TXH VDWLVID|FD DV GHVLJXDOGDGHV. VP x WQ x VP . 

(226). 'DGR TXH V !  SRGH^VH HVFUHYHU D VHJXLQWH VHTXAHQFLD GH GHVLJXDOGDGHV P OQ V x Q OQ W x P  

(227) OQ V. '. wH . 6. H ID F WR  D UH XQLaD R GR V LQWH UY D OR V GD IR UPD >VL  VL @ F R QWwH P WR GR V R V QwXPH UR V UH D LV VXSH ULR UH V D V LVWR. L. L L ,1 >V  V @. >V . > 3D UD Q VXpF LH QWH PH QWH H OH Y D GR Y H ULpF D ^ VH T XH WQ y V SH OR T XH D T XD QWLGD GH WQ. WH UwD R EULJ D WR ULD PH QWH GH SH UWH QF H U D XP LQWH UY D OR GD IR UPD >VL  VL @ SD UD D OJ XP L  ,1 . .

(228) Q OQ W P  

(229) OQ V P OQ V x x Q OQ V Q OQ V Q OQ V P OQ W P  x x   Q OQ V Q Q 3RU RXWUR ODGR DWHQGHQGR v D SURSULHGDGH ,, H v D GHVLJXDOGDGH 

(230) WHP^VH TXH. 

(231). $ VP

(232) x $ WQ

(233) x $ VP

(234) H SHOD HTXD|Fa DR 

(235)  P c $ V

(236) x Q$ W

(237) x P  

(238) $ V

(239) . 

(240). 6HQGR $ XPD IXQ|Fa DR HVWULWDPHQWH SRVLWLYD SRGH^VH FRQFOXLU TXH $ W

(241) P  P x x   Q $ V

(242) Q Q. 

(243). 'DV GHVLJXDOGDGHV 

(244) H 

(245) SRGH^VH DpUPDU TXH p p p $ W

(246) OQ W pp  p p $ V

(247) b OQ V p x Q . 'DGR TXH D GHVLJXDOGDGH DFLPD VH YHULpFD SDUD XP LQWHLUR Q DUELWUDULDPHQWH HOHYDGR wH SRVVwtYHO WRUQDU R YDORU GH  Q DUELWUDULDPHQWH SHTXHQR 1R OLPLWH FRP Q REWwHP^VH $ V

(248)  OQ V. $ W

(249) OQ W. 'D DUELWUDULHGDGH GH W UHVXOWD TXH R TXRFLHQWH $ W

(250) OQ W wH XPD FRQVWDQWH SHOR TXH D IXQ|Fa DR $ wH GR WLSR $ W

(251).   W  ,1 . N OQ W. 'HVWD LJXDOGDGH H GD GHpQL|FD aR GH $ HP 

(252)  UHVXOWD TXH +. v.    W W. w. N OQ W.   W  ,1. 

(253). 3DUD TXH D SURSULHGDGH ,, VH YHULpTXH LVWR wH SDUD TXH D IXQ|Fa DR + VHMD PRQw RWRQD FUHVFHQWH QR FDVR GH HTXLSUREDELOLGDGH D FRQVWDQWH N WHP GH VHU SRVLWLYD &RQVLGHUDQGR DJRUD R UHVXOWDGR 

(254)  LVWR wH +. 1. „. .      3Q M  QM M. 3Q.  . QM. . + S      SQ

(255) . Q ; L. . SL c +. v.    QL QL. D UH D OLGD GH D H T XD |F aD R   

(256) QaD R SH UPLWH J D UD QWLU T XH $ V

(257) !   SR LV P $ V

(258) x P  

(259) $ V

(260)  P  ,1. 1 aD R IR L F R QVLGH UD GR R F D VR $ V

(261).

(262). $ V

(263) y .   SH OR PR WLY R T XH VH H [ SOLF D QD VXEVH F |F aD R   

(264) . . w.

(265) RQGH RV SL Va DR GD IRUPD SL PHPEURV REWwHPVH . Q ;. N OQ # M. RX VHMD. 3Q. QL. . M. . QM $. Q ; L. SL. QM H DSOLFDQGR D LJXDOGDGH 

(266) HP DPERV RV. + S      SQ

(267)  . N OQ #. + S      SQ

(268) 'DGR TXH. . Q ;. M. . Q ; L. . QM $ b N. SL N OQ QL. 

(269). . Q ; L. SL OQ QL . .  HQWa DR. . + S      SQ

(270). N. N. „ Q ;. L. . SL. . . OQ # M. . Q ;. Q ;. SL OQ # L  M. bN. Q ;. bN. Q ;. L. L. . . Q ;. . . #bSL OQ . Q ;. . . . QM $ b N. . QM $ b N. Q ;. M. #SL b OQ. . „. L. L. SL OQ QL. . SL OQ QL. . . QM  SL OQ QL $. Q ;. M. Q ;. Q ;. . . QM  OQ QL $. QL bN SL OQ 3Q M  QM L . . . 3RU pP DSOLFDQGR D UHOD|FD aR 

(271) FXMRV TL Va DR DJRUD SL REWwHP^VH Q ; + S      SQ

Referências

Documentos relacionados

amplitude omo função do omprimento de onda entral, para outra estrela ( γ -Equ) e observa-se a o orrên ia de uma des ontinuidade na mesma região espe tral; veja a gura. no apêndi

Existem diversos fatores ambientais que também podem influenciar e contribuir para o desenvolvimento de comportamentos de bullying, que incluí a inexistência ou baixa

The sunflower (Helianthus annuus) cultivars providing the highest yield in the Brazilian Northeast semiarid region, with supplementary irrigation, are 'Aguara 4', 'CF 101', 'BRS

É também sabido que a combinação de duas a quatro espécies de coberturas vegetais pode ser mais eficiente, uma vez que possuem um número de características

The objectives of the present work were to prepare different types of CaP powders, to incorporate such powders into highly concentrated colloidal suspensions, to taylor

Esta pesquisa buscou ampliar a discussão acerca do papel da socialização materna para a construção da moralidade dos filhos, investigando por meio de escalas a relação

In our survival analysis, higher COA-NLR score showed a negative impact on OS, independent of pathological stage and age, two well-knows prognostic factors on

O cnidário Blackfordia virginica e o bivalve Corbicula fluminea são duas espécies exóticas muito abundantes no estuário do Mira, pelo que este trabalho teve como