Challenges in the global market and sensitive cross-Straits relations negatively influence Taiwanese industries. Continuous learning is the way to respond to the challenges posed by the rise of China in the world economy. Learning is the process by which knowledge is refreshed. A learning...

The US dollar is frequently used as the invoicing currency of international crude oil trading. Hence, the fluctuation in US dollar exchange rate is believed to underlie the volatility of crude oil price and especially its forecasting accuracy. Using econometric techniques including...

Over the past few decades, the striking levels of economic growth achieved have been accompanied by environmental degradation. Based on the characteristics of indicators on the Commission on Sustainable Development of the United Nations, this study constructs quantitative approaches to evaluate...

Purpose Taguchi provided some useful tools such as various orthogonal arrays, interaction tables, linear graphs, etc. for planning fractional factorial experiments and had many successful application cases in quality engineering (Taguchi, 1986). However, many research articles explored the...

Typhoon Morakot hit Taiwan in 2009, severely damaging the Alishan National Forest Recreation Area, a famous tourist resort in Taiwan. The only highway to this area was under repair for 10 months after the typhoon. Consequently, Alishan’s tourism industry suffered losses estimated at NT$1...

Estimation has been carried out using GARCH-type models, based on the Generalized Error Distribution (GED), for both the extreme downside and upside Value-at-Risks (VaR) of returns in the WTI and Brent crude oil spot markets. Furthermore, according to a new concept of Granger causality in risk,...