While many real-world principal-agent problems have both moral hazard and adverse
selection, existing tools largely analyze only one at a time. Do the insights from the separate …

Increasing research efforts have been devoted to the reliability analysis of multi-state
systems (MSSs) with different performance sharing mechanisms. This paper investigates the …

We introduce and study the cumulative information generating function, which provides a
unifying mathematical tool suitable to deal with classical and fractional entropies based on …

A new one parameter distribution recently was proposed for modelling lifetime data called
half logistic-geometric (HLG) distribution. In this paper, appropriate transformation is …

In this manuscript, we adopt a copula-based hierarchical dependent approach to analyze
the redundancy allocation policy and statistical dependence effect on the reliability of two …

This paper sets up a dynamic infinite-industry model to discuss the impact of factor
endowments on technology choice and industrial upgrading. The model shows that at any …

The k-out-of-n systems with components having random weights have wide applications in
reliability engineering. In this paper, we implement the study on reliability analysis of k-out-of …

The reliability of performance sharing systems (PSSs) has received increasing research
attention due to their practical importance. Early research mainly focused on the PSSs with …

Adaptive dimensionality reduction in high-dimensional problems is a key topic in statistics.
The multiplicative gamma process takes a relevant step in this direction, but improved …

The problem of choosing the optimal wind turbine for a specific site is of special importance
in the design process of wind farm. Manifestly, the selection of the optimal wind turbine …