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In insurance rate-making, the use of statistical machine learning techniques such as artificial neural networks (ANN) is an emerging approach, and many insurance companies have been using them for pricing. However, due to the complexity of model specification and its implementation, model...
Persistent link: https://www.econbiz.de/10012598958
In "Theory of Economic Regulation," Stigler introduces the ideas of demand for, and supply of regulation (Stigler, 1971 …
Persistent link: https://www.econbiz.de/10012172788
A dual half-bridge bidirectional DC to DC converter for battery charger/discharger is implemented. The switching scheme for the converter is developed using VHDL and implemented in FPGA. A PID controlled converter is simulated using Matlab Simulink and the output voltage control of the converter...
Persistent link: https://www.econbiz.de/10014164169
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Benchmarking methods are widely used in the regulation of firms in network industries working under heterogeneous exogenous environments. In this paper we compare three recently developed estimators, namely conditional DEA (Daraio and Simar, 2005, 2007b), latent class SFA (Orea and Kumbhakar, 2004;...
Persistent link: https://www.econbiz.de/10011483291
Persistent link: https://www.econbiz.de/10000927486
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Presidential Executive Order 12,866 requires federal agencies to design “cost-effective” regulations and to assess “costs and benefits” of these regulations on the basis of “the best reasonably obtainable scientific, technical, economic, and other information.” Benefit transfers are...
Persistent link: https://www.econbiz.de/10013132682
Benchmarking methods are widely used in the regulation of firms in network industries working under heterogeneous exogenous environments. In this paper we compare three recently developed estimators, namely conditional DEA (Daraio and Simar, 2005, 2007b), latent class SFA (Orea and Kumbhakar, 2004;...
Persistent link: https://www.econbiz.de/10012989360
Persistent link: https://www.econbiz.de/10009269524