In this paper we consider the problem of making inference on a structural parameter in instrumental variables regression when the instruments are only weakly correlated with the endogenous explanatory variables.

Following an introduction to containerships, formal safety assessment and its development in the shipping industry are described. Containership accident statistics are studied and discussed. This is followed by a description of containership characteristics and a proposed formal safety...

This paper has identified specific problems likely to be encountered in endeavour of implementing reliability-centred maintenance (RCM) on ships. These stem out of the cultural differences between the aviation and maritime industries. In the maritime industry, RCM is often considered resource...

We solve the optimal asset allocation problem using a mean variance approach. The original mean variance optimization problem can be embedded into a class of auxiliary stochastic linear-quadratic (LQ) problems using the method in Zhou and Li (2000) and Li and Ng (2000). We use a finite...

The surface structure of InN film heteroepitaxially grown on a GaN buffer layer by MBE is followed by low energy electron diffraction (LEED). The metallic surfactant layers on top of the InN surfaces show an incommensurate structure rather than being disordered. The metal in the incommensurate...