This paper presents an approach to the allocation of surplus and profit loads to different product lines or policies within a single insurance company. The method presented calculates the allocation for each line based on the expected value conditional on the full surplus being exhausted. The use of conditional expectations produces a familiar variance-based allocation for a number of specific ...

In this study, a two echelons supply chain system in which a supplier is producing perishable product and distribute it to multiple customers is considered. By allowing lateral transshipment mechanism, it is also possible to deliver products to some customers in some periods in bulk, then customers using their own vehicle to transship goods between each other seeking further reduction in the ov...

The equitable division of a joint cost (or a jointly produced output) among agents with different shares or types of output (or input) commodities, is a central theme of the theory of cooperative games with transferable utility. Ever since Shapley’s seminal contribution in 1953, this question has generated some of the deepest axiomatic results of modern microeconomic theory. More recently, the ...

In order to study the shrinkage process of clayey soil, we perform a modified laboratory test allowing to measure simultaneously and continuously the vertical displacement and the weight of natural state specimen. The experiment was conducted on undisturbed clayey specimen. Using the experimental results, and on the basis of the existing relation between the soil water content and its structura...

This paper considers the issues of pricing, lot-sizing decisions and coordination in a supply chain consisting one original equipment manufacturer (OEM) contract (CM). A Bayesian game accounting for asymmetric information is established to optimize CM’s outsourcing price OEM’s selling price. Stackelberg incorporating yield demand uncertainties subsequently modeled production quantity order quan...

Cognitive Radio (CR) is a technology that promises to solve the spectrum shortage problem by allowing secondary users to coexist with primary user without causing any interference to the communication. It aims to improve the utilization of the radio spectrum. Although the operational aspects of CR are being explored widely, its security aspects have gained little attention. In this survey, we p...