this paper investigates the effect of exchange rate uncertainty on the iran’s import trade. the exchange rate ‎uncertainty series were generated utilizing the tarch model. this model analyzes the asymmetric effects. the analysis of uncertainty and asymmetry ‎of the exchange rate shows significant tarch ‎effect on iran’s exchange rates‎. the findings of the study indicate negative shocks (bad ne...

this paper studies a maintenance policy for a system composed of two components, which are subject to continuous deterioration and consequently stochastic failure. the failure of each component results in the failure of the system. the components are inspected periodically and their deterioration degrees are monitored. the components can be maintained using different maintenance actions (repair...

Control systems with digital communication between sensors, controllers and actuators are called as Networked Control Systems (NCSs). In general, NCSs encounter with some problems such as packet dropouts and network induced delays. When plant uncertainty is added to the aforementioned problems, the design of the robust controller that is able to guarantee the stability, becomes more complex. In...

Article history: Received 2 August 2013 Received in revised form 6 November 2013 Accepted 2 December 2013 Available online 1 January 2014

Bayesian Uncertainty Quantification for Subsurface Inversion Using a Multiscale Hierarchical Model Anirban Mondal, Bani Mallick, Yalchin Efendiev & Akhil Datta-Gupta a Department of Statistics, Texas A&M University, College Station, TX 77843 (; ) b Department of Mathematics, Texas A&M University, College Station, TX 77843 () c Petroleum Engineering Department, Texas A&M University, College Stat...

in this paper, we consider a multi-site production planning problem subject to uncertainty in demand and workforce expenses. in our new mathematical model, we presented a production planning system considering failure in rework and breakdown. we also survey human workforce allocation and its expenses which are considered uncertain due to some tradeoff between company’s benefits and workforce :u...

This paper empirically investigates the relationship between CPI inflation uncertainty, and private investment in the Iranian economy from 1988 to 2010 by using quarterly data. We employ a bivariate VAR(5)-GARCH(1,1)-in-mean with diagonal BEKK model to discover in a unified framework how are the interactions between the variables. In the model, conditional variance of inflation and private inve...

making capital and investment is the main driving forces of economic development. based on the investment sensitivity to the changes of some of macro-economic variables and risk and uncertainty, the present study evaluated the effective factors on investment in private sector in iran during 1980-2007. at first, the uncertainty variables of real informal exchange rate, nominal interest rate and ...