Bayesian design theory applied to nonlinear models is a promising route to cope with the problem of design dependence on the unknown parameters. The traditional Bayesian design criterion which is often used in the literature is derived from the second derivatives of the loglikelihood function....

Extending the traditional discrete choice model by incorporating latent psychological factors can help to better understand the individual’s decision-making process and therefore to yield more reliable part-worth estimates and market share predictions. Several integrated choice and latent...

In this study we focus on how e-retailers who deal with innovative products in the era of the Internet of Things (IoT) select product delivery service providers to ensure timely and efficient delivery to customers. Based on the asset–process–performance framework, we propose a triadic model...

Seawater-source heat pump systems (SWHP) are recognized to be outstanding heating, cooling and water heating systems. A large number of SWHP systems have been used in residential and commercial buildings in coastal areas due to the attractive advantages of high efficiency and environmental...

Optimizing wind power generation and controlling the operation of wind turbines to efficiently harness the renewable wind energy is a challenging task due to the intermittency and unpredictable nature of wind speed, which has significant influence on wind power production. A new approach for...

Power system and its communication system, which can be called a cyber-physical system, are interconnected and interdependent on each other. This paper considers the interaction problem between power system and its communication module from the perspective of the topological structure. Firstly,...

The semi-Bayesian approach for constructing efficient stated choice designs requires the evaluation of the design selection criterion value over numerous draws taken from the prior parameter distribution assumed when generating the design. The semi-Bayesian D-criterion value of a design is then...