.................................................................................................................... viii LIST OF TABLES ........................................................................................................... xiv CHAPTER

In this paper we consider the process of modelling uncertainty. In particular we are concerned with making inferences about some quantity of interest which, at present, has been unobserved. Examples of such a quantity include the probability of ruin of a surplus process, the accumulation of an investment, the level or surplus or deficit in a pension fund and the future volume of new business in...

In the past four decades there has been considerable interest in the e¤ects that uncertainty has on a …rm’s investment decision and the resulted capital accumulation. This chapter surveys consensus, controversies and open questions in the literature under a general dynamic programming framework. We illustrate that the key answers to the e¤ects of uncertainty depend on the forms of adjustment co...

The objective of the work is to model the failure process of a repairable system under ”worse than old”, or harmful repairs, assumption. The proposed model is founded on the counting process probabilistic approach and interprets harmful repairs as the accumulation of failures on the same system. The explicit form of likelihood function is given. Fixed and time-varying covariates are taken into ...

On the basis of the achievements of OMNIBUS project, this paper presents the functionality of theory-aware authoring system and discusses how to accumulate learning/instructional design knowledge as the foundations for theory-awareness. The concept of “WAY” proposed by this study would be helpful for both utilizing and abstracting learning/ instructional design knowledge. Structuralization of W...

Planning by analogical reasoning is a learning method that consists of the storage, retrieval, and replay of planning episodes. Planning performance improves with the accumulation and reuse of a library of planning cases.Retrieval is driven by domain-dependent similarity metrics based on planning goals and scenarios. In complex situations with multiple goals, retrieval may find multiple past pl...

We investigate the similarity of the country endowments of the newly industrialized East Asian countries (NICs) and their major developed trading partners since the 1960s. In particular, we analyze their factor endowments in the years 1965, 1977, and 1990, using the lens condition of Deardorff (1994). Because of the similarity of endowments of the NICs and their developed-country trading partne...

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Inter-institutional cooperation is becoming the norm for innovations putting at centre stage of research inquiry the organisational knowledge for establishing, coordinating and innovating through cooperation. Case study evidence depicts the development of systematic processes for partner identification and management of cooperative agreements. Researchers recognising potential partners would pe...