Standard income inequality indices can be interpreted as a measure of welfare loss entailed in departures from equality of outcomes, for egalitarian social welfare functions defined on the distribution of outcomes. But such a welfare interpretation has been criticized for a long time on the...

Dependence modelling and estimation is a key issue in the assessment of portfolio risk. When measuring extreme risk in terms of the Value-at-Risk, the multivariate normal model with linear correlation as its natural dependence measure is by no means an ideal model. We suggest a large class of...

This paper presents a novel methodology for multi-scale and multi-type spatial data integration in support of insect pest risk/vulnerability assessment in the contiguous United States. Probability of gypsy moth (Lymantria dispar L.) establishment is used as a case study. A neural network...