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Stochastic Data Envelopment Analysis (DEA) models have been introduced in the literature to assess the performance of operating entities with random input and output data. A stochastic DEA model with a reliability constraint is proposed in this study that maximizes the lower bound of an...
Persistent link: https://www.econbiz.de/10011051844
We investigate the multiple attribute decision making problems in which attribute values take the form of triangular fuzzy linguistic information. Firstly, the definition and some operational laws of triangular fuzzy linguistic are introduced. Then, we have developed three fuzzy linguistic...
Persistent link: https://www.econbiz.de/10011104313
<title>Abstract</title>In this paper, we investigate the multiple attribute decision making problems with fuzzy number intuitionistic fuzzy information. Firstly, some operational laws of fuzzy number intuitionistic fuzzy values, score function and accuracy function of fuzzy number intuitionistic fuzzy values...
Persistent link: https://www.econbiz.de/10010971563
This paper examines opening and closing return patterns on the Chinese stock markets. We find that open-to-open returns are significantly more volatile than close-to-close returns. In addition, the correlation of the overnight return with the following daytime return is significantly negative,...
Persistent link: https://www.econbiz.de/10005080755
Persistent link: https://www.econbiz.de/10005287555
China's regional income gap has given rise to different socio-economic characteristics of its core and periphery, leading to different expressions in demographic transition. This paper explores the spatial pattern of China's fertility, age, migration, and household transition and finds that the...
Persistent link: https://www.econbiz.de/10010547756
In this paper, we study the relation between order imbalances (buyer versus seller-initiated trades measured by a buy ratio) at an early trading hour and intraday price discovery in the Chinese stock markets. We find that the volatility of order imbalances is the highest around the open. There...
Persistent link: https://www.econbiz.de/10009395562
The gradual covering location problem seeks to establish facilities on a network so as to maximize the total demand covered, allowing partial coverage. We focus on the gradual covering location problem when the demand weights associated with nodes of the network are random variables whose...
Persistent link: https://www.econbiz.de/10008865269
This paper employs quarterly observations on US dollar prices of the pound, Deutschmark, Swiss franc, and yen from 1973,2 to 1994,4 to sort out three broad issues raised by recent work showing that economic fundamentals have predictive power for exchange rates at long horizons. Three alternative...
Persistent link: https://www.econbiz.de/10005504153
This paper attempts to investigate the determinants of the capital structure of a sample of 972 listed companies on the Shanghai Stock Exchange and Shenzhen Stock Exchange in China in 2003. Various theories, namely, the trade-off, pecking order and agency theories, are deployed to explain and...
Persistent link: https://www.econbiz.de/10005542253