We consider complexity penalization methods for model selection. These methods aim to choose a model to optimally trade off estimation and approximation errors by minimizing the sum of an empirical risk term and a complexity penalty. It is well known that if we use a bound on the maximal...

Simple time trend variables in factor demand models can be statistically powerful variables, but may tell the researcher very little. Even more complex specification of technical change, e.g. factor biased, are still the economentrician's measure of ignorance'' about the shifts that occur in the...

One of the requirements placed upon nuclear power reactor licensees by the U.S. Nuclear Regulatory Commission (NRC) is for the licensees to periodically adjust the estimate of the cost of decommissioning their plants, in dollars of the current year, as part of the process to provide reasonable...

The purpose of the Tank Waste Remediation System (TWRS) Retrieval and Disposal Mission Phase 1 Financial Analysis is to provide a quantitative and qualitative cost and schedule risk analysis of HNF-1946, Tank Waste Remediation System Retrieval and Disposal Mission Initial Updated Baseline (Swita...

The US Department of Energy has established the Tank Waste Remediation System (TWRS) program to safely manage wastes currently stored in underground tank at the Hanford Site. A TWRS testing and development strategy was recently developed to define long-range TWRS testing plans. The testing and...

In the process of manufacturing and selling vehicles, a manufacturer incurs certain costs. Among these costs are those incurred directly as a part of manufacturing operations and those incurred indirectly in the processes of manufacturing and selling. The indirect costs may be...

There have been many questions about the costs of providing medical services. These questions have resulted in the development of Resource-Based Relative Values Scale (RBRVS) at the national level. Policymakers view RBRVS as a potential tool to pay physicians. The questions, about the cost of...

For many organizations, software licensing represents an increasing share of their intellectual property portfolio. Because most software is new and the market uncertain, it would be useful to have a quick, back-of-the-envelope method of estimating the selling price. The replacement method of...

The prudence of utility demand-side management (DSM) investments hinges on their performance, yet evaluating performance is complicated because the energy saved by DSM programs can never be observed directly but only inferred. This study frames and begins to answer the following questions: (1)...

Group V is the designation assigned locally to the fifth of a series of recent U-233 production studies requested by the Division of Production. The scope of this study is given in a teletype from F. P. Baranowski to J. E. Travis, which was sent on May 28, 1964 and reported to General Electric...