With the rapid motorization in China, parking has become increasingly difficult and costly for automobile users. However, the effects of parking on the society go far beyond vehicle owners' costs. To inform decision makers in China and cities in similar motorizing societies, this study describes...

Stochastic periodic-review batch ordering inventory problems appear in many industrial settings. However, few literature deals with the optimal ordering polices for such problems, no mention to the inclusion of the fixed ordering cost and the production capacity. In this paper, we consider a...

In this paper, we are concerned with two interesting problems in the dynamics of neural networks. What connection topology will prohibit chaotic behavior in a continuous time neural network (NN). To what extent is a continuous time neural network (NN) described by continuous ordinary...

This paper develops numerical methods for finding optimal dividend pay-out and reinsurance policies. A generalized singular control formulation of surplus and discounted payoff function are introduced, where the surplus is modeled by a regime-switching process subject to both regular and...

This work develops a stochastic differential game model between two insurance companies who adopt the optimal reinsurance strategies to reduce the risk. The surplus is modeled by a regime-switching jump diffusion process. A single payoff function is imposed, and one player devises an optimal...