In this paper, the problem of multi-attribute procurement auction of divisible goods is investigated, and an optimal mechanism of multi-attribute auction, which enables negotiation on several attributes in addition to the price of a divisible good, is designed. First, several important...

In this paper, the auction of divisible goods is investigated and a mechanism design method for optimal auction of divisible goods is presented. First, the definitions of feasible allocations and divisible goods auctions are given based on several important assumptions of divisible goods...

In this paper, the problems of fuzzy multi-attribute group decision making in which the attribute values are given in the form of linguistic fuzzy numbers are studied. First of all, a new method called fuzzy dominance is given for ranking trapezoidal fuzzy numbers based on the credibility...

Rainfall and grain yield are two closely related random variables to be worthy of studying. The meteorological yield explains the influences of weather changes on grain yield. Based on the data series from 1980 to 2006 in Jinghuiqu irrigation district of Shaanxi Province in China, the...

<Para ID="Par1">With the rapid development of economy, demand of water resources is becoming larger and larger, and over-exploitation of groundwater is common in many areas. Due to over-exploitation of groundwater over many years, a number of potential adverse hydrogeological problems have raised. To reduce...</para>

The presence of tail dependencies invalidates the multivariate normality assumptions in portfolio risk management. The identification of tail (in)dependencies has drawn major attention in empirical financial studies. Yet it is still a challenging issue both theoretically and practically....

This paper discusses an on-line, trial-and-error implementation of marginal-cost pricing for networks with users whose values of travel time vary, whose demand functions are unknown, and whose route choices conform to random-utility maximization. It is an extension of Yang et al.'s [Yang, H.,...

Using the Poisson pseudo-maximum likelihood estimation technique, this paper evaluates the effects of renewable electricity policies on renewable electricity generation using a large panel dataset that covers 122 countries over the period of 1980–2010. The results suggest that renewable...

The ultrafine composite fibers consisting of lauric acid (LA), polyethylene terephthalate (PET), and silica nanoparticles (nano-SiO2) were prepared through the materials processing technique of electrospinning as an innovative type of form-stable phase change materials (PCMs). The effects of...