Uneven precipitation in space and time together with mismanagement and lack of knowledge about existing water resources, have caused water shortage problems for water supply to large cities and irrigation in many regions of China. There is an urgent need for the efficient use and regional...

We examine decision analysis' central "decomposition principle" in the context of work-time estimates of software writers. Two experiments examined the abilities of advanced programming students to estimate how long they would take to complete specific software projects. They estimated their own...

This paper develops the quadratic interest-rate model of Beaglehole and Tenney in detail. For the quadratic model as well as the multifactor Cox-Ingersoll-Ross square-root model, explicit pricing formulae in terms of one-dimensional integrals of elementary functions are given for bond options,...

Describes a unit which has been produced to provide accurate independent position checks on robots or other controlled mechanisms which may suffer impact, interference or may drift from program path during unsupervised repetitive work. Significant variation in presetting the range is available....

This paper examines the relationship between the equity premium and the risk free rate at three different maturities using post-1973 data for a panel of seven OECD countries. We show the existence of subsample instabilities, of some cross country differences and of inconsistencies with the...