Uncertainties are intrinsic features of dynamic economic systems, and this paper considers the dynamic implications of factor endowment (labor, capital) uncertainties for a small growing trading economy. The stochastic growth models presented extend the open neoclassical two-sector growth model...

This paper proposed a novel long-distance combined transmission system, in which LNG (liquefied natural gas) is transported in the pipeline and electricity is transmitted through a high-temperature superconducting cable refrigerated by LNG. Through this system, electricity and LNG could be...

Shrinkage methods have been shown to be effective for classification problems. As a form of regularization, shrinkage through penalization helps to avoid overfitting and produces accurate classifiers for prediction, especially when the dimension is relatively high. Despite the benefit of...