The researching on the DMUs with undesirable outputs gives the non-radial model FDEA of the relative efficiency evaluation,proves the efficiency theories, and calculates the example.The application of FDEA model shows...The researching on the DMUs with undesirable outputs gives the non-radial model FDEA of the relative efficiency evaluation,proves the efficiency theories, and calculates the example.The application of FDEA model shows its importance in the production to save the resources,improve the desirable outputs, and decrease the undesirable outputs,especially reduce the environmental pollution.展开更多
A method was proposed to evaluate the real-time reliability for a single product based on damaged measurement degradation data.Most researches on degradation analysis often assumed that the measurement process did not...A method was proposed to evaluate the real-time reliability for a single product based on damaged measurement degradation data.Most researches on degradation analysis often assumed that the measurement process did not have any impact on the product's performance.However,in some cases,the measurement process may exert extra stress on products being measured.To obtain trustful results in such a situation,a new degradation model was derived.Then,by fusing the prior information of product and its own on-line degradation data,the real-time reliability was evaluated on the basis of Bayesian formula.To make the proposed method more practical,a procedure based on expectation maximization (EM) algorithm was presented to estimate the unknown parameters.Finally,the performance of the proposed method was illustrated by a simulation study.The results show that ignoring the influence of the damaged measurement process can lead to biased evaluation results,if the damaged measurement process is involved.展开更多
Contrary to the conventional wisdom which suggests that a perfectly rational subject with risk-averse attitude should never gamble, this paper provides a vivid example in our real economy for people to expect a positi...Contrary to the conventional wisdom which suggests that a perfectly rational subject with risk-averse attitude should never gamble, this paper provides a vivid example in our real economy for people to expect a positive return to gamble Within the existing literature, scholars have proposed different reasons to explain why an original risk-averse person would start to gamble, with the implicit assumption that the expected payoff of a bet is always lower than its cost. In contrast, our paper discusses when and why a risk-averse person could bet strategically with a positive expected return; in particular, we used field data in Hong Kong to illustrate a vivid scenario for positive expected return in gambling.展开更多
文摘The researching on the DMUs with undesirable outputs gives the non-radial model FDEA of the relative efficiency evaluation,proves the efficiency theories, and calculates the example.The application of FDEA model shows its importance in the production to save the resources,improve the desirable outputs, and decrease the undesirable outputs,especially reduce the environmental pollution.
基金Project(60904002)supported by the National Natural Science Foundation of China
文摘A method was proposed to evaluate the real-time reliability for a single product based on damaged measurement degradation data.Most researches on degradation analysis often assumed that the measurement process did not have any impact on the product's performance.However,in some cases,the measurement process may exert extra stress on products being measured.To obtain trustful results in such a situation,a new degradation model was derived.Then,by fusing the prior information of product and its own on-line degradation data,the real-time reliability was evaluated on the basis of Bayesian formula.To make the proposed method more practical,a procedure based on expectation maximization (EM) algorithm was presented to estimate the unknown parameters.Finally,the performance of the proposed method was illustrated by a simulation study.The results show that ignoring the influence of the damaged measurement process can lead to biased evaluation results,if the damaged measurement process is involved.
文摘Contrary to the conventional wisdom which suggests that a perfectly rational subject with risk-averse attitude should never gamble, this paper provides a vivid example in our real economy for people to expect a positive return to gamble Within the existing literature, scholars have proposed different reasons to explain why an original risk-averse person would start to gamble, with the implicit assumption that the expected payoff of a bet is always lower than its cost. In contrast, our paper discusses when and why a risk-averse person could bet strategically with a positive expected return; in particular, we used field data in Hong Kong to illustrate a vivid scenario for positive expected return in gambling.
