Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly and require a lot of time and administrative effort. This study develops an ambiguity preference survey module th...

Determining the type of returns to scale (RTS) and identifying stability region for RTS of evaluating unit are appropriate abilities for forecasting the future the unit when its size is changed. This paper aims to introduce RTS sustainability of frontier decision making units (DMUs) in data envelopment analysis (DEA). Based on the importance of RTS in relation to decisions of managers, differen...

We prove a necessary optimality condition for isoperimetric problems under nabla-differentiable curves. As a consequence, the recent results of [M.R. Caputo, A unified view of ostensibly disparate isoperimetric variational problems, Appl. Math. Lett. (2008), doi:10.1016/j.aml.2008.04.004], that put together seemingly dissimilar optimal control problems in economics and physics, are extended to ...

Ambiguity preferences are important to explain human decision-making in many areas in economics and finance. To measure individual ambiguity preferences, the experimental economics literature advocates using incentivized laboratory experiments. Yet, laboratory experiments are costly and require a lot of time and administrative effort. This study develops an ambiguity preference survey module th...

The global economic landscape has witnessed a significant shift towards the principles of Sharia economics, driven by ethical considerations and pursuit sustainable financial practices. This paper provides conceptual analysis transformation from conventional systems to Sharia-compliant frameworks. It delves into foundational both paradigms, highlighting inherent differences reasons behind growi...

Research Interests Design and analysis of large-scale networked systems; with emphasis on network architecture, Internet economics, network monitoring and networking protocols.

Vulnerability risk assessment is a crucial process in security management, and the CVSS score is the standard-de-facto risk metric for software vulnerabilities. In this manuscript I show that current risk assessment methodologies do not fit real “in the wild” attack data. I also present my three-steps plan to identify an Internet-scale risk assessment methodology that accounts for attacker econ...

We study a class of heterogeneous agent-based models which are based on a basic set of principles, and the most fundamental operations of an economic system: trade and product transformations. A basic guiding principle is scale invariance, which means that the dynamics of the economy should not depend on the units used to measure the different products. We develop the idea of a “near-equilibriu...

Membrane-based technologies have increasingly been chosen in desalination processes, which is evidenced by the increase of large-scale plants constructed in recent years. Indeed, several appropriate strategies should be considered to minimize problems faced during the construction, such as membrane system designs, area requirement, energy requirement, operation and maintenance, and environmenta...