This paper analyzes the optimal provision of incentives in a sequential testing context. In every period the agent can acquire costly information that is relevant to the principal's decision. Neither the agent's effort nor the realizations of his signals are observable. First, we assume that the...

In this paper we propose a method for determining the number of regimes in threshold autoregressive models using smooth transition autoregression as a tool. As the smooth transition model is just an approximation to the threshold autoregressive one, no asymptotic properties are claimed for the...

A new method of ICA, TVICA, is proposed. Compared to the conventional ICA, the TVICA method allows the mixing matrix to be time dependent. Estimation is conducted under local homogeneity that assumes at any particular time point, there exists an interval over which the mixing matrix can be well...

The inside-out sequential procedures for testing up to <InlineEquation ID="IEq1"> <EquationSource Format="TEX">$$k$$</EquationSource> <EquationSource Format="MATHML"> <math xmlns:xlink="http://www.w3.org/1999/xlink"> <mi>k</mi> </math> </EquationSource> </InlineEquation> upper outliers in a two-parameter exponential sample are investigated. Six test statistics, one based on the ratio of the difference of largest observation and the sample mean which are unsuspected to be outliers to the range...</equationsource></equationsource></inlineequation>

Purpose – This paper aims to propose a methodology for planning of a truncated sequential probability ratio test (SPRT) in which two systems with exponentially distributed times between failures (TBFs) are compared. The study is concerned with tests with arbitrary probabilities of I‐ and...

Due to the advancements in virtualization technology, it is now an up and coming field and has become a more appealing area of internet technology. Since there is a rapid growth for the demand of computational power increases by scientific, business, and web-applications, it leads to the...

We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...

We address the scheduling problem of reordering an existing queue into its efficient order through trade. To that end, we consider individually rational and balanced budget direct and indirect mechanisms. We show that this class of mechanisms allows us to form efficient queues provided that...

Congestion at terminal gates is a significant issue that many ports are dealing with. The port of Songkhla, which serves as the main seaport in southern Thailand, has been confronted with this issue, together with an increase in the number of trucks over the last five years. This study aims to...

Fairness measures for queues were introduced for measuring the individual satisfaction of human customers with respect to the waiting experience. The measure which performs best in some sense is the expected discrimination frequency (DF). In contrast to competing fairness measures, up to now,...