The mathematical conditions for the existence of macroeconomic production functions that are state functions of the economic system are pointed out. The output elasticities and the elasticities of substitution of energy-dependent Cobb-Douglas, CES and LinEx production functions are calculated. The output elasticities, which measure the productive powers of production factors and whose numerical...

This paper examines frequentist risks of Bayesian estimates of VAR regression coefficient and error covariance matrices under competing loss functions, under a variety of non-informative priors, and in the normal and Student-t models. Simulation results show that for the regression coefficient matrix an asymmetric LINEX estimator does better overall than the posterior mean. For the error covari...

Probiotics are bacteria that are commercially available as dietary supplements. One of the important properties of probiotics is their ability to survive in the intestine. Recent evidence has identified kynurenic acid (KYNA) as a bactericidal constituent of intestinal fluid. These data led us to study the influence of KYNA on the viability of selected probiotics. We found that KYNA supported th...

Location theory is an interstice field of optimization and operations research‎. ‎In the classic location models‎, ‎the goal is finding the location of one or more facilities such that some criteria such as transportation cost‎, ‎the sum of distances passed by clients‎, ‎total service time, and cost of servicing are minimized‎. ‎The goal Weber location problem is a special case of location mode...

In this study, based on progressive type-II censored data, Bayes estimators of the unknown parameter Topp-Leone distribution are derived by using informative and non-informative, priors under square error (symmetric), linex, general entropy, precautionary (asymmetric) loss functions. The cannot be obtained in closed-forms, for reason, Lindley’s approximation method is used to compute approximat...

Abstract The Kies probability model was proposed as an alternative to the extended Weibull models it provides a more efficient fit some real-life data sets in comparison aforementioned models. paper proposes classical and Bayesian inferences for distribution based on records. Maximum likelihood estimates are studied jointly with asymptotic bootstrap confidence intervals. Moreover, Bayes estimat...

We provide a brand-new distribution based on the model of Lindley, with an emphasis estimation its unknown parameters. After introducing new distribution, we cover two approaches to estimate parameters; in presence censored scheme, first use traditional approach, which is The maximum likelihood technique, then Bayesian approach. BarzilaiBrown algorithm used derive estimators while Monte Carlo M...

We propose a new extension of the exponential distribution for right censored Bayesian and non-Bayesian distributional validation. The parameter is estimated using several conventional methods, including method. likelihood estimates are compared Pitman’s closeness criteria. estimators derived three loss functions: extended quadratic, Linex, entropy functions. Through simulated experiments, all ...