For classical goodness-of-fit tests as well as for their modified versions in case of Type-II right censored data, results of a simulation study are presented, where the powers of the tests under consideration against beta alternatives are illustrated in informative, user-oriented plots that...

In this paper, a mixture representation for the joint distribution function of progressively Type-II censored order statistics from heterogeneous distributions is established. Applications of this representation to stochastic orderings and inequalities are then illustrated.

Effects of truncation in self-similar continuous unitary transformations (S-CUT) are estimated rigorously. We find a formal description via an inhomogeneous flow equation. In this way, we are able to quantify truncation errors within the framework of the S-CUT and obtain rigorous error bounds...

We develop an agent-based model in which heterogeneous and boundedly rational agents interact by trading a risky asset at an endogenously set price. Agents are endowed with balance sheets comprising the risky asset as well as cash on the asset side and equity capital as well as debt on the...

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No abstract received.

EU policies call for the strengthening of Europe’s innovative capacity and it is considered that the modernisation of Education and Training systems and technologies for learning will be a key enabler of educational innovation and change. This report brings evidence to the debate about the...

In this paper, a model of bounded rational investors investing their portfolio in a passive investment vehicle (e.g., an Exchange Traded Fund replicating a broad index) or an actively managed fund is presented. The model proposes that the quick reswitching of these short-term oriented investors...