Atlantic cod (Gadus morhua) stocks across the North Atlantic have been subject to intense fishing pressure during the 20th century, and some stocks have suffered well-documented collapses. On the European shelf, cod are widely but heterogeneously distributed and are caught as part of a...

The aim of this study was to assess the accuracy of visual estimation of elbow joint angles. A total of 116 observers (93 doctors and 23 physiotherapists) were shown 21 digital images of two arms in predeWned degrees of elbow Xexion on two separate occasions. They estimated the angle of Xexion...

This paper studies the estimation of a semi-strong GARCH(1,1) model when it does not have a stationary solution, where semi-strong means that we do not require the errors to be independent over time. We establish necessary and su±cient conditions for a semi-strong GARCH(1,1) process to have a...

Consider a class of power transformed and threshold GARCH(p,q) (PTTGRACH(p,q)) model, which is a natural generalization of power-transformed and threshold GARCH(1,1) model in Hwang and Basawa (2004) and includes the standard GARCH model and many other models as special cases. We ¯rst establish...

The concept of communicability is introduced for complex socio-economic networks. The communicability function expresses how an impact propagates from one place to another in the network. This function is used to define unambiguously the concept of socio-economic community. The concept of...

L-moments are defined as linear combinations of expected values of order statistics of a variable.(Hosking 1990) L-moments are estimated from samples using functions of weighted means of order statistics. The advantages of L-moments over classical moments are: able to characterize a wider range...

The problem of pricing and hedging of contingent claims inincomplete markets has led to the development of various valuation methodologies. Thispaper examines the mean-variance approach to risk-minimisation and shows that it is robustunder the convergence from discrete- to continuous-time market...

Consider the radial projection onto the unit sphereof the path a $d$-dimensional Brownian motion $W$,started at the center of the sphere and run for unit time. Given the occupation measure $mu$ of this projectedpath, what can be said about the terminal point $W(1)$, or about therange of the...