In this paper, we revisit the study of an optimal risk management strategy for an insurer who wants to maximize the expected utility by purchasing reinsurance and managing reinsurance counterparty risk with a default-free hedging instrument, where the reinsurance premium is calculated by the...

The use of economic valuation methods to assess environmental impacts of projects and policies has grown considerably in recent years. However, environmental valuation appears to have developed independently of regulations and practice of environmental impact assessment (EIA), despite its...

Motivated by an analysis of a real data set from Duchenne Muscular Dystrophy (Andrews and Herzberg, 1985), we propose a new test of structural change for a class of partially linear single-index models with error-prone linear covariates. Based on the local linear estimation for the unknowns in...

In this paper,we propose a class of general partially linear varying-coefficient transformation models for ranking data. In the models, the functional coefficients are viewed as nuisance parameters and approximated by B-spline smoothing approximation technique. The B-spline coefficients and...

In this paper, a class of denoised nonlinear regression estimators is suggested for a nonlinear measurement error model where the variables in error are observed together with an auxiliary variable. The programming involved in this denoised nonlinear regression estimation is relatively simple...

Purpose – This study sets out to investigate the perceptions of e‐buyers and e‐lookers in Hainan, China on usability performance of China‐based travel web sites, an emerging sector of the tourism industry in China. Design/methodology/approach – Data collection was conducted in Hainan,...

This paper studies how transport infrastructure investments affect a bidding war for a firm between two asymmetric countries within a region in a context of imperfect competition, where transport infrastructure investments play the role of a global public good, leading to a reduction in the unit...