In the design of a wind farm, the placement of turbines is an important factor that affects the efficiency and profit, but automatic placement of turbines is still a challenging problem.

This paper empirically examines the adverse selection models by using the data from Chinas personal automobile insurance market through the standard positive-correlation test. Results show that higher-risk insurance policyholders do tend to buy insurance with a lower coinsurance rate, which...

In this paper we model regimes and long memory in the dynamics of realized volatilities of intraday ETF and stock returns. We estimate threshold fractionally integrated (TARFIMA) models using Bayesian Markov Chain Monte Carlo (MCMC) algorithms with efficient jump. We also introduce a test based...

Le présent rapport vise à répondre à trois questions. Premièrement, les firmes québécoises sont-elles sous représentées dans les premiers appels publics à l'épargne (PAPE) sur les Bourses canadiennes? Deuxièmement, quelles sont les raisons qui pourraient expliquer la différence...

Calcined dolomite is a good catalyst in terms of its activity for gasification of residue derived from biomass hydrolysis for hydrogen production, whereas its fragility can cause trouble during operation. A novel modification method aimed at improving the strength of the calcined dolomite has...

This paper embeds security design in a model of evolutionary learning. We consider a competitive and perfect financial market where agents, as in Allen and Gale (1988), have heterogeneous valuations for cash flows. Our point of departure is that, instead of assuming that agents are endowed with...

Using data from China's individual health-insurance market, we study the problem of information asymmetry. Our preliminary results appear to contradict standard-model predictions, showing that higher-risk buyers are more likely to purchase "additional" insurance than lower-risk buyers, but that...

Deriving accurate interval weights from interval fuzzy preference relations is key to successfully solving decision making problems. Xu and Chen (2008) proposed a number of linear programming models to derive interval weights, but the definitions for the additive consistent interval fuzzy...

This report uses evidence-based standards developed by the What Works Clearinghouse to review the research literature on programs that help students with disabilities make transitions after high school. Community-based work programs had mixed effects on employment and potentially positive...

In this paper, we study the anomalous diffusion of a particle in an external force field whose motion is governed by nonrenewal continuous time random walks with memory. In our models, the waiting time involves Riemann–Liouville fractional derivative or Riemann–Liouville fractional integral....