We investigate the choice of default priors for use with likelihood for Bayesian and frequentist inference. Such a prior is a density or relative density that weights an observed likelihood function, leading to the elimination of parameters that are not of interest and then a density-type...

We develop a generalized production framework with endogenous “production techniques” that serve to organize raw factor inputs in an efficient manner. We establish a positive relationship between production flexibility and cost efficiency. By allowing firms to differ in technology...

The piezoelectric photo-thermal (PPT) and the surface photo-voltage (SPV) spectra of GaAs/AlAs short-period superlattices (SPS)-confined GaAs single-quantum well (SQW) were measured. The electron nonradiative transitions within GaAs-SQW and subband of SPS were observed in the room-temperature...