We consider the Hotelling-Downs model with n ≥ 2 office seeking candidates and runoff voting. We show that Nash equilibria in pure strategies always exist and that there are typically multiple equilibria, both convergent (all candidates are located at the median) and divergent (candidates locate at distinct positions), though only divergent equilibria are robust to free entry. Moreover, two-pol...

We propose exact simulation-based procedures for: (i) testing mean-variance efficiency when the zero-beta rate is unknown; (ii) building confidence intervals for the zero-beta rate. On observing that this parameter may be weakly identified, we propose likelihood-ratio-type tests as well as Fieller-type procedures based on a Hotelling-HAC statistic, which are robust to weak identification and al...

In high quality industrial processes, the control chart is design based on cumulative count of conforming (CCC) items is very useful. In this paper, the performance of CCC-r chart with variable sampling intervals (CCC-rVSI chart) in the presence ofinspectionerrors isinvestigated. The efficiency of CCC-rVSI chart is compared with CCC-r chart with fixed sampling interval (CC...

This paper considers alternative proofs of the Hotelling ́s Lemma and Shephard ́s Lemma using new relations of duality in the theory of the production. The proofs proposals possess two advantages, relatively to the usual demonstrations, which are, not the use of the known Enveolpe Theorem and the validity of the demonstration for interior points to the production set

control chart is the most well-known chart to monitor the number of nonconformities per inspection unit where each sample consists of constant size. generally, the design of a control chart requires determination of sample size, sampling interval, and control limits width. optimally selecting these parameters depends on several process parameters, which have been considered from statistical and...

quality control plays an important role in increasing the product quality. fuzzy control charts are more sensitive than shewhart control chart. hence, the correct use of fuzzy control chart leads to producing better-quality products. this area is complex because it involves a large scope of industries, and information is not well organized. in this research, we provide a literature review of th...