Showing 1 - 10 of 15
Crop insurance performance and loss rates depend directly on underlying crop yield distributions. However, there still exists much debate about how to represent the underlying crop yield distributions. Using farm-level corn and soybean yields from 1972-2008, this study examines in-sample...
Persistent link: https://www.econbiz.de/10009477865
Generated crop insurance rates depend critically on the distributional assumptions of theunderlying crop yield loss model. Using farm level corn yield data from 1972-2008, we revisitthe problem of examining in-sample goodness-of-fit measures across a set of flexibleparametric, semi-parametric,...
Persistent link: https://www.econbiz.de/10009446157
This article describes how in this digital age, storage devices have been permitting the design of systems with the capacity to handle massive amount of diverse types of data. Real-time storage devices have been using complex architectures to accommodate the exponential increase of generated...
Persistent link: https://www.econbiz.de/10012042969
Abstract The major drawback of wind energy relies in its variability in time, which necessitates specific strategies to be settled. One such strategy can be the coordination of wind power production with a co-located power generation of dispatchable energy source (DES), e.g., thermal power...
Persistent link: https://www.econbiz.de/10014591037
Abstract The estimation of stress-strength reliability in a time-dependent context deals with either the stress or strength or both dynamic. The repeated occurrence of stress in random intervals of time induces a change in the distribution of strength over time. In this paper, we study the...
Persistent link: https://www.econbiz.de/10014591051
Abstract In this paper we advance a nonlinear optimization problem for hedging wind power variability by using a dispatchable energy source (DES) like gas. The model considers several important aspects such as modeling of wind power production, electricity price, nonlinear penalization scheme...
Persistent link: https://www.econbiz.de/10014591052
Abstract The process capability index (PCI), denoted by 𝐼, is a well-known characteristic in quality control analysis. Using Gini’s mean difference, we construct a new PCI, I_{G} say, assuming the two-parameter Weibull distribution (WD). In order to estimate the proposed I_{G} when the...
Persistent link: https://www.econbiz.de/10014591078
Approximating the distribution of mobile communications expenditures (MCE) is complicated by zero observations in the sample. To deal with the zero observations by allowing a point mass at zero, a mixture model of MCE distributions is proposed and applied. The MCE distribution is specified as a...
Persistent link: https://www.econbiz.de/10005458337
This paper implements the Asymmetric Autoregressive Conditional Duration (AACD) model of Bauwens and Giot (2003) to analyze irregularly spaced transaction data of trade direction, namely buy versus sell orders. We examine the influence of lagged transaction duration, lagged volume and lagged...
Persistent link: https://www.econbiz.de/10005006758
This paper implements the Asymmetric Autoregressive Conditional Duration (AACD) model of Bauwens and Giot (2003) to analyze irregularly spaced transaction data of trade direction, namely buy versus sell orders. We examine the influence of lagged transaction duration, lagged volume and lagged...
Persistent link: https://www.econbiz.de/10009365398