The hedge fund represents a unique investment opportunity for the institutional and private investors in the diffusion-type financial systems. The main objective of this condensed article is to research the hedge fund’s optimal investment portfolio strategies selection in the global capital...

Mixtures of item response theory models have been proposed as a technique to explore response patterns in test data related to cognitive strategies, instructional sensitivity, and differential item functioning (DIF). Estimation proves challenging due to difficulties in identification and...

I describe algorithms for drawing from distributions using adaptive Markov chain Monte Carlo (MCMC) methods; I introduce a Mata function for performing adaptive MCMC, amcmc(); and I present a suite of functions, amcmc_*(), that allows an alternative implementation of adaptive MCMC. amcmc() and...

Cracks on the surface of civil structures (e.g. pavement sections, concrete structures) progress in several formations and under different deterioration mechanisms. In monitoring practice, it is often that cracking type with its worst damage level is selected as a representative condition state,...

In this paper, we calculate the realized volatility measures using intraday data not equally spaced in time. The aim is to compare these measures with the ones from the stochastic volatility model. With this model, the data used are obtained in equal time intervals. Known facts are that the...

Quantitative Polymerase Chain Reaction (Q-PCR) aims at determining the initial quantity of specific nucleic acids from the observation of the number of amplified DNA molecules. The most widely used technology to monitor the number of DNA molecules as they replicate is based on fluorescence...