In this paper, we explore the loss data collection exercise for operational risk in Chinese commercial banks from 1999 to first half of 2006. Firstly, the above data are bootstrapped to analyze the capital allocation for a medium-scaled commercial bank in China. Secondly, for every selected...

This paper develops a new test, the trinomial test, for pairwise ordinal data samples to improve the power of the sign test by modifying its treatment of zero differences between observations, thereby increasing the use of sample information. Simulations demonstrate the power superiority of the...

Nowadays, Monte Carlo techniques are very common for the development of Nuclear Medicine systems. Simulations can be very helpful for the optimization of SPECT and PET cameras, and for investigating the importance of several physical effects involved in image formation. In this paper, a...

Although the impact of structural breaks on testing for unit root has been studied extensively for univariate time-series, such impact on panel data unit root tests is still relatively unknown. A major issue is the choice of model in accommodating different types of break prior to testing for...

Monte Carlo (MC) linear solvers can be considered stochastic realizations of deterministic stationary iterative processes. That is, they estimate the result of a stationary iterative technique for solving linear systems. There are typically two sources of errors: (i) those from the underlying...

Water management, in a variety of contexts and objectives, is a very important issue gaining increasing attention worldwide. In some places and during some periods, this is due to the scarcity of the water resource, and increasing competition for its use. In some others, it can be risk reduction...

This paper considers the passage of a parallel, uniform stream of particles through a parallel-sided, homogeneous slab of material capable of scattering and absorption. Particle histories are followed until the particle escapes from the near or far surface of the slab. Each particle carries a...

The femtosecond dynamics of highly non-equilibrium, confined carriers is analyzed within a Monte Carlo approach. The physical process considered corresponds to a locally excited or injected into a semiconductor nanowire distribution of heated carriers, which evolve under the action of an applied...

Algorithms for estimating the integral over hyper-rectangular regions are discussed. Solving this problem in high dimensions is usually considered a domain of Monte Carlo and quasi-Monte Carlo methods, because their power degrades little with increasing dimension. These algorithms are compared...

In a wide range of transport phenomena in complex systems, the mean squared displacement of a particles plume has been often found to follow a non-linear relationship of the kind 〈x2(t)∝tα〉, where α may be greater or smaller than 1: these evidences have been described under the generic...