Traditional performance evaluation measures do not account for tail events and rare disasters. To address this issue, we reinterpret the riskiness measures of Aumann and Serrano (2008) and Foster and Hart (2009) as performance indices. We derive the moment properties of these indices and their...

In this paper, an output-feedback-type wide area damping control (WADC) strategy is presented as a supplementary control of high-voltage direct current (HVDC) transmission to enhance thestability of large-scale interconnected power systems. This strategy can effectively suppress the...

In decision making problems, there may be the cases where the decision makers express their judgements by using preference relations with incomplete information. Then one of the key issues is how to estimate the missing preference values. In this paper, we introduce an incomplete interval...

The analysis of dynamics in traffic flow is an important step to achieve advanced traffic management and control in Intelligent Transportation System (ITS). Complexity and periodicity are definitely two fundamental properties in traffic dynamics. In this study, we first measure the complexity of...

A critical step in group sequential designs is computation of the appropriate critical values for rejecting H0 at the interim look to keep the overall type I error rate at a prespecified level. When applying the sequential test in a study with an equivalence hypothesis, calculation of the...

Purpose: Drawing on both social identity theory (SIT) and social exchange theory (SET), the purpose of this paper is to theorize a moderated mediation model that links perceived high-performance work systems (employee-HPWS) to organizational identification (OID). Design/methodology/approach:...

This paper presents a comprehensive study on a controllable two-phase flow ejector component efficiencies and ejector performances in transcritical CO2 refrigeration cycles. A two-phase flow ejector expansion model was developed and experimentally validated. A method of determining the...

Motivated by social and biological interactions, a novel type of phase transition model is provided in order to investigate the emergence of the clustering phenomenon in networks. The model has two types of interactions: one is attractive and the other is repulsive. In each iteration, the phase...