Optimal test allocation

Optimal Sample Size Allocation for Accelerated Degradation Test

Accelerated Degradation tests (ADTs) are widely used to assess the lifetime information of highly reliable products possessing quality characteristics that both degrade over time and can be related to reliability. Hence, how to design an efficient ADT plan for assessing product’s lifetime information at normal-use stress (especially for the optimal sample-size allocation to higher test-stress l...

The Optimal Allocation of Iran's Natural Gas

T he optimal allocation of natural gas resources to various uses such as final and intermediate consumption, injection into oil fields, and exports can help policymakers to use this kind of resources efficiently. Empirical evidence support using hyperbolic discount rates instead of fixed discount rates in the economic literature. The purpose of this study is to maximize the social we...

a benchmarking approach to optimal asset allocation for insurers and pension funds

uncertainty in the financial market will be driven by underlying brownian motions, while the assets are assumed to be general stochastic processes adapted to the filtration of the brownian motions. the goal of this study is to calculate the accumulated wealth in order to optimize the expected terminal value using a suitable utility function. this thesis introduced the lim-wong’s benchmark fun...

Optimal Capital Allocation

This paper starts with primitive assumptions on consumer preferences and then derives prices consistent with a social optimum within an insurance company and the capital allocation implied therein. The implied allocation “adds up” to the total capital of the …rm (a result echoing …ndings in the congestion pricing literature— where optimal tolls exactly cover the rental cost of the highway). The...

Optimal Replica Allocation