The present paper applies synthetic graphical modelling to the binary panel data of the Muscatine Coronary Risk Factor Study, where the observations are subject to non-response. The methodology combines the techniques of the graphical and generalized linear models. The purpose is to demonstrate...

The present paper applies synthetic graphical modelling to the binary panel data of the Muscatine Coronary Risk Factor Study, where the observations are subject to non-response. The methodology combines the techniques of the graphical and generalized linear models. The purpose is to demonstrate...

When we consider a problem in information processing, it is convenient to formulate the problem by using a random Ising model in statistical physics. However, a kind of computational difficulty arises in a case that the number of nodes becomes large. Hence approximation schemes such as a mean...

For a Cournot duopoly with a foreign firm exporting to the home firm's market hedging against unfavorable shifts in the stochastic spot exchange rate is analyzed. In a two-stage setting with product market and hedging decisions we show that hedging can be used as a strategic device. Under...