A second-moment regime-switching regression, which considers not only a switching intercept and a switching slope, but a switching error variance is applied to investigate the impacts of the exchange rate uncertainty (ERU) on the corporate values (CVs) for the industries concerned in Taiwan. Two different regimes of a strong-impact and a weak-impact are identified. However, the dominant power v...

A binary switch is the basic building block for information processing. The potential energy profile of a bistable binary switch is a 'symmetric' double well. The traditional method of switching it from one state (one well) to the other is to tilt the profile towards the desired state. Here, we present a case, where no such tilting is necessary to switch successfully, even in the presence of th...

This paper provides a method to design an optimal switching sequence for jump linear systems with given Gaussian initial state uncertainty. In the practical perspective, the initial state contains some uncertainties that come from measurement errors or sensor inaccuracies and we assume that the type of this uncertainty has the form of Gaussian distribution. In order to cope with Gaussian initia...