Monitoring is an important and costly activity in resource management problems such as containing invasive species, protecting endangered species, preventing soil erosion, and regulating contracts for environmental services. Recent studies have viewed optimal monitoring as a Partially Observable...

Recently, a new methodology (“synergistic sensor location”) has been introduced to efficiently determine all link flows in a road network by using only a subset of the link flow measurements. In this paper, we generalize this previous work by solving the following problem: Suppose that one...

Purpose – This paper explored factors that impact insurance choices of demand (farmers) and supply (insurance companies) side, respectively. Design/methodology/approach – Specially designed survey questions allow one to fully observe the demand tendency from farmers and partially observe the...

Using two samples from the 1979 National Longitudinal Survey of Youth (NLSY79), a longitudinal data set from the United States, and following a double selection approach, the current study estimates the worker's employment and wage equations simultaneously with positive attitude and optimism as...