We employ Monte Carlo analysis to determine the distribution of returns for various electricity generation technologies. Costs and revenues for each technology are calculated by means of a unit commitment and economic dispatch algorithm at hourly resolution. This represents a considerable...

Birnbaum and Saunders introduced in 1969 a two-parameter lifetime distribution which has been used quite successfully to model a wide variety of univariate positively skewed data. Diaz-Garcia and Leiva-Sanchez [8] proposed a generalized Birnbaum–Saunders distribution by using an elliptically...

Azzalini (Scand J Stat 12:171–178, <CitationRef CitationID="CR3">1985</CitationRef>) provided a methodology to introduce skewness in a normal distribution. Using the same method of Azzalini (<CitationRef CitationID="CR3">1985</CitationRef>), the skew logistic distribution can be easily obtained by introducing skewness to the logistic distribution. For the skew logistic...</citationref></citationref>

The method of moments has been widely used as a simple alternative to the maximum likelihood method, mainly because of its efficiency and simplicity in obtaining parameter estimators of a mixture of two binomial distributions. In this paper, an alternative estimate is proposed which is as...

Balancing tests are diagnostics designed for use with propensity score methods, a widely used non-experimental approach in the evaluation literature. Such tests provide useful information on whether plausible counterfactuals have been created. Currently, multiple balancing tests exist in the...

When sample sizes are unequal, problems of heteroscedasticity of the variables given by the absolute deviation from the median arise. This paper studies how the best known heteroscedastic alternatives to the ANOVA F test perform when they are applied to these variables. This procedure leads to...