This paper considers the problem of estimating a covariance matrix under Stein’s loss. Sufficient conditions for the modified Efron–Morris estimator to be minimax under weighted quadratic loss are shown, which provide a general method for improving the estimator of the covariance matrix.

In this paper, we propose several new goodness-of-fit tests for normality based on the distance between the observed sample and the predictive sample drawn from the posterior predictive distribution. Note that the predictive sample is stochastic for a set of given sample observations, the...

We investigate the problem of estimating the Cholesky decomposition in a conditional independent normal model with missing data. Explicit expressions for the maximum likelihood estimators and unbiased estimators are derived. By introducing a special group, we obtain the best equivariant estimators.

Offshore wind resources are more abundant and stronger and they blow more consistently than land-based wind resources. While gale force winds are easier to hit on the sea, the strong wind vibration and wind loads may exert severe damage and shock to wind turbines and wind power grids, even...

Electrical load forecasting has always played a key role in power system administration, planning for energy transfer scheduling and load dispatch. For electrical load forecasting, due to the fact that combined model has the capacity to effectively calculate the seasonality and nonlinearity...

As the energy crisis becomes a greater concern, wind energy, as one of the most promising renewable energy resources, becomes more widely used. Thus, wind energy forecasting plays an important role in wind energy utilization, especially wind speed forecasting, which is a vital component of wind...

Measuring and improving the efficiency of the Chinese commercial banking system has recently attracted increasing interest. Few studies, however, have adopted the two-stage network DEA to explore this issue in the Chinese context. Because the entire operational process of the banking system...

Measuring and improving the efficiency of the Chinese commercial banking system has recently attracted increasing interest. Few studies, however, have adopted the two-stage network DEA to explore this issue in the Chinese context. Because the entire operational process of the banking system...

In recent years, wind power industry has been flourishing and in China the focus has been gradually shifted from land-based to offshore wind farms. There are many advantages for offshore wind farms, such as abundant wind energy reserves, high utilization of the wind turbine capacity, not taking...

Drawing on the strategic alliances and innovation literature, this study proposes that the impact of technological collaboration on product innovation is contingent on market competition and sectoral technology characteristics. Specifically, it argues that the generally observed positive effect...