Abstract Two new Bayesian methods for estimating and predicting in-game home team win probabilities in Division I NCAA men’s college basketball are proposed. The first method has a prior that adjusts as function of lead differential time elapsed. second is an adjusted version the first, where adjustment linear combination estimator with time-weighted pregame probability. proposed compared to ex...

This paper aims at the exploration of the questions connected with the effects of uncertainty and risk in agriculture and, generally, in each economic sector where risk considerations are established. The aim of the first part is to give the key features for the estimation of production structures using dual approach and risk prevalence. In order to state risk non-neutrality into the implemente...

We discuss practical methods for the assessment, comparison and selection of complex hierarchical Bayesian models. A natural way to assess the goodness of the model is to estimate its future predictive capability by estimating expected utilities. Instead of just making a point estimate, it is important to obtain the distribution of the expected utility estimate in order to describe the associat...

With the aim of portfolio optimization and management, this article utilizes the Clayton-copula along with copula theory measures. Portfolio-Optimization is one of the activities in investment funds. Thus, it is essential to select an appropriate optimization method. In modern financial analyses, there is growing evidence indicating the distribution of proceeds of financial properties is not cu...

The regulatory schemes currently used for reliability improvement have weaknesses in the provision of quality services based on the customers’ perspective. These schemes consider the average of the service as a criterion to incentivize or penalize the distribution system operators (DSOs). On the other hand, most DSOs do not differentiate electricity services at the customer level, due to the st...

(ABSTRACT) Robust estimation methods have been successfully applied to the problem of power system state estimation in a real-time environment. The Schweppe-type GM-estimator with the Huber psi-function (SHGM) has been fully installed in conjunction with a topology processor in the EEF utility, headquartered in Fribourg, Switzerland. Some basic concepts of maximum likelihood estimation and robu...

identification of the best vegetation indices (vis) for use in quantitative analyzes of vegetation is one of the important issues for ecologists. the objective of this study was sensitivity evaluation of vegetation indices to a stand volume for identification of the best vegetation index (vi) in stand volume estimation using a statistical sensitivity method. also, another objective of this stud...

the main logic behind the demand for life insurance is to hedge against the labor income uncertainty due to premature death of a wage earner. in other words, life insurance is the device by which this labor income uncertainty is handled. for insurers, the uncertainty arises from the lack of knowledge about the age of death of the wage earner. this paper attempts to derive life insurance demand ...

Online high utility itemset mining over data streams has been studied recently. However, the existing methods are not designed for producing topk patterns. Since there could be a large number of high utility patterns, finding only top-k patterns is more attractive than producing all the patterns whose utility is above a threshold. A challenge with finding top-k high utility itemsets over data s...