The authors study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large enough. Upon introducing non-informed agents, the...

The authors study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large enough. Upon introducing non-informed agents, the...

The authors study a simple model of an asset market with informed and non-informed agents. In the absence of non-informed agents, the market becomes information efficient when the number of traders with different private information is large enough. Upon introducing non-informed agents, the...

Concentrations of environmental pollutants tend to follow positively skewed frequency distributions. Two such density functions are the gamma and lognormal. Minimum variance unbiased estimators of the expected value for both densities are available. The small sample statistical properties of...

This project implements a economic methodology to measure the marginal abatement costs of pollution by measuring the lost revenue implied by an incremental reduction in pollution. It utilizes observed performance, or `best practice`, of facilities to infer the marginal abatement cost. The...

DOE facilities handling special nuclear material are required to comply with DOE Order 5633.3, which addresses various aspects of nuclear material accounting. In particular, it requires that control limits be calculated for nuclear material inventory differences. These requirements and methods...

DOE facilities handling special nuclear material are required to comply with DOE Order 5633.3, which addresses various aspects of nuclear material accounting. In particular, it requires that control limits be calculated for nuclear material inventory differences. These requirements and methods...