In this paper, we extend the Jain-Mirman [Jain, N., & Mirman, L. (2000). Real and financial effects of insider trading with correlated signals. Economic Theory, 16, 333-353, Jain, N., & Mirman, L. (2002). Effects of insider trading under different market structures. The Quarterly Review of...

We focus on the impact of migrants' remittances on consumption patterns in China. Using a large homogenous sample of rural households surveyed in 2001 and 2004, we find that remittances are spent on nonhousing consumption expenditures at the margin, virtually dollar-for-dollar, when we...

In this study, an interval-robust nonlinear optimization (IRNO) method is developed for planning energy system and managing CO2 emissions with trading scheme, through incorporating interval-parameter programming (IPP) within a robust optimization (RO) framework. In the modeling formulation, two...

An interval-parameter chanced-constrained full-infinite mixed-integer programming (ICFMP) approach is proposed for planning energy systems under functional interval uncertainties. ICFMP cannot only deal with crisp intervals, functional intervals, and probability distributions, but also support...

The nonextensive entropy measure is developed to study the electroencephalogram (EEG) during the recovery of the brain's electrical function from asphyxic cardiac arrest (ACA) injury. The statistical characteristics of the Tsallis-like time-dependent entropy (TDE) for different signal...

In this study, an IFJMP (interval-parameter full-infinite joint-probabilistic mixed-integer programming) method is developed for supporting EPS (electric power systems) management. The IFJMP-EPS model cannot only deal with uncertainties expressed as joint probabilities, crisp interval values and...

This paper considers a competing risk (degradation and sudden failure) maintenance situation. A maintenance model and a repair cost model are presented. The degradation state of the units is continuously monitored. When either the degradation level reaches a predetermined threshold or a sudden...

This article analyses the savings behaviour of natives and immigrants in Germany. It is argued that uncertainty about future income and legal status (in case of immigrants) is a key component in the determination of the level of precautionary savings. Using the German dataset, we exploit a...