Mortality deceleration is the observed but yet to be understood phenomenon that the increase in the late-life death rate slows down after a certain species-related advanced age. Various definitions of onsets of mortality deceleration are examined. A new distribution based on the Strehler-Mildvan...

With the rapid development of industry and projects for ensuring the amounts of water that those industries require, the capacities and scales of hydraulic structures including reservoirs, dams, and weirs have increased sharply. Numerous dams experience some seepage, when water is held behind...

China has become a net importer of natural gas as a result of rapidly increasing consumption in recent years. A production peak would exist since natural gas is an exhaustible resource. As conventional natural gas production peak approaches, the development of unconventional natural gas is...

China's natural gas consumption is growing rapidly and it has being driven by economic growth, industrialization and urbanization. In addition, the country's low-carbon development strategy, government-controlled gas price, and some other factors also contribute to the surging gas consumption....

We find the minimum probability of lifetime ruin of an investor who can invest in a market with a risky and a riskless asset and who can purchase a reversible life annuity. The surrender charge of a life annuity is a proportion of its value. Ruin occurs when the total of the value of the risky...

We study pairwise entanglements in spin-half and spin-one Heisenberg chains with an open boundary condition, respectively. We find out that the ground-state and the first-excited-state entanglements are equal for the three-site spin-one chain. When the number of sites L3, the concurrences and...

The purpose of this paper is to reveal the relation between commutability of life annuities and retirees’ willingness to annuitize. To this end, we assume the existence of commutable life annuities, whose surrender charge is a proportion of their actuarial value. We model a retiree as a...