We propose an adaptive importance resampling algorithm for estimating bootstrap quantiles of general statistics. The algorithm is especially useful in estimating extreme quantiles and can be easily used to construct bootstrap confidence intervals. Empirical results on real and simulated data...

In a sequential clinical trial whose stopping rule depends on the primary endpoint, inference on secondary endpoints is an important long-standing problem. Ignoring the possibility of early stopping based on the primary endpoint may result in substantial bias. To address this problem, a commonly...

The 2008 financial crisis is marked by the drop in output of major industrial countries which affected small open economies in various degrees. We examine the role of three different types of monetary policy rules in mitigating or exacerbating the effects of a negative foreign output shock on...

The Bayesian continual reassessment method (CRM) and its likelihood version (CRML) provide important tools for the design of Phase I cancer clinical trials. However, a poorly chosen prior distribution in CRM may lead to inferior performance of the method in the early stage of a trial, whereas...

Development of deep high-temperature heat reservoir at Yangbajing geothermal field has very important significance for capacity expanding and sustaining of the ground power plant. The geological exploration found that there is a fractured granite heat reservoir with an average temperature of...

Based on the geological data of well DP23-1 under the EGS (enhanced geothermal system) project at Desert Peak geothermal field, we numerically investigated the heat production potential from deep HDR (hot dry rock) at this site by water circulating through a novel single vertical fracture. A...

Gas hydrates have been attracted a great deal of attention because of their potential as an energy substitute and the climate implications. Drilling and sampling research on the hydrate deposit in the Shenhu Area on the northern continental slope of the Southern China Sea was a big breakthrough...

In this work, heat production potential from hot dry rock by water circulating through two horizontal wells was numerically investigated based on the geological data of well DP23-1 under the enhanced geothermal system (EGS) project at Desert Peak geothermal field. The results indicate that the...