In many classification procedures, the classification function is obtained by minimizing a certain empirical risk on the training sample. The classification is then based on the sign of the classification function. In recent years, there have been a host of classification methods proposed that...

We study the non-negative garrotte estimator from three different aspects: consistency, computation and flexibility. We argue that the non-negative garrotte is a general procedure that can be used in combination with estimators other than the original least squares estimator as in its original...

In this paper we consider the dynamic process of race track betting. We show that there is a close connection between the dynamic race track betting process and the pari-mutuel method for constructing consensus of subjective probabilities considered in Eisenberg and Gale. This enables us to show...

Nowadays, supply chain management (SCM) is a popular practice in manufacturing systems. The concept of SCM has forced members to find ways to cut costs and bring performance benefits to the firms. In the creation of long-term partnerships in the supply chain, the collaboration between supply...

Introduction -- Characteristics of Whole Evolutions -- Several Empirical Justifications -- Elementary Properties of Systemic Yoyos -- The State of a Civilization -- Interactions between Civilizations- Turmoil within a Civilization -- Economic Entities Seen as Spinning Systemic Yoyos -- Economic...