Supersaturated designs (SSDs) are widely researched because they can greatly reduce the number of experiments. However, analyzing the data from SSDs is not easy as their run size is not large enough to estimate all the main effects. This paper introduces contrast-orthogonality cluster and...

In order to consider the future development of high-tech industry clusters, this paper applies an evolution perspective to look into the knowledge integration process from both local and global knowledge linkages of entrepreneurs within the industry cluster. This paper has established a model to...

We introduce a new class of risk measures called generalized entropic risk measures (GERMS) that allow economic agents to have different attitudes towards different sources of risk. We formulate the problem of optimal risk transfer in terms of these risk measures and characterize the optimal...

We established a three-dimensional finite element model of thermoelectric module based on low-temperature thermoelectric material bismuth telluride and medium-temperature thermoelectric material filled-skutterudite. The material properties of the thermoelectric materials such as the Seebeck...

An optimal unit sizing method is presented for stand-alone microgrids with practical system and component life-cycle considerations. The proposed method has been applied to the design and development of a real microgrid system on Dongfushan Island, Zhejiang Province, China, consisting of wind...

Background This paper aims to investigate the development trend of traditional Chinese medicine (TCM) hospitals in China and explore their medical service innovations, with special reference to the changing co-existence with western medicine (WM) at TCM hospitals. Methods Quantitative data at...

Measuring fund clientele by investors’ revealed usage of different asset pricing models, we show that funds with more CAPM investors perform better, all else equal. This predictability is not because the CAPM-alpha predicts future fund performance but because it reflects investor...