Processing math: 100%
Skip main navigation

Cookies Notification

We use cookies on this site to enhance your user experience. By continuing to browse the site, you consent to the use of our cookies. Learn More
×

System Upgrade on Tue, May 28th, 2024 at 2am (EDT)

Existing users will be able to log into the site and access content. However, E-commerce and registration of new users may not be available for up to 12 hours.
For online purchase, please visit us again. Contact us at customercare@wspc.com for any enquiries.

SEARCH GUIDE  Download Search Tip PDF File

  Bestsellers

  • articleOpen Access

    THE COST EFFICIENCY OF CAMBODIAN COMMERCIAL BANKS: A STOCHASTIC FRONTIER ANALYSIS

    The Cambodian banking sector has rapidly expanded in recent decades, although there are concerns about the performance of Cambodian banks and the country’s banking sector. A paucity of empirical evidence to clarify the real issues in the banking sector also makes it difficult to formulate effective policy measures to address any potential problems. This study provides empirical evidence by estimating the cost function and efficiencies of 34 commercial banks over the period from 2012 to 2015. We find that the average cost efficiency scores range from 0.60 when measuring bank outputs as loan and deposit amounts, and 0.77 when measuring bank outputs as interest and non-interest income, suggesting that if they are operated more efficiently, they could cut costs by 40% in fund mobilization and 23% in profit making while keeping the same output level. We also find that the Cambodian banks have experienced an improvement in efficiency scores over the period for both aspects of banking activities. Furthermore, we find that expanding a branch network into rural areas is inefficient for bank management, and holding excessive liquidity is associated with higher efficiency, but diversification in bank business operations is negatively associated with cost efficiency of Cambodian commercial banks.

  • articleNo Access

    SPREAD OF EPIDEMIC ON COMPLEX NETWORKS UNDER VOLUNTARY VACCINATION MECHANISM

    Under the assumption that the decision of vaccination is a voluntary behavior, in this paper, we use two forms of risk functions to characterize how susceptible individuals estimate the perceived risk of infection. One is uniform case, where each susceptible individual estimates the perceived risk of infection only based on the density of infection at each time step, so the risk function is only a function of the density of infection; another is preferential case, where each susceptible individual estimates the perceived risk of infection not only based on the density of infection but only related to its own activities/immediate neighbors (in network terminology, the activity or the number of immediate neighbors is the degree of node), so the risk function is a function of the density of infection and the degree of individuals. By investigating two different ways of estimating the risk of infection for susceptible individuals on complex network, we find that, for the preferential case, the spread of epidemic can be effectively controlled; yet, for the uniform case, voluntary vaccination mechanism is almost invalid in controlling the spread of epidemic on networks. Furthermore, given the temporality of some vaccines, the waves of epidemic for two cases are also different. Therefore, our work insight that the way of estimating the perceived risk of infection determines the decision on vaccination options, and then determines the success or failure of control strategy.

  • articleNo Access

    Cost Function Based on Gaussian Mixture Model for Parameter Estimation of a Chaotic Circuit with a Hidden Attractor

    In this paper, we introduce a new chaotic system and its corresponding circuit. This system has a special property of having a hidden attractor. Systems with hidden attractors are newly introduced and barely investigated. Conventional methods for parameter estimation in models of these systems have some limitations caused by sensitivity to initial conditions. We use a geometry-based cost function to overcome those limitations by building a statistical model on the distribution of the real system attractor in state space. This cost function is defined by the use of a likelihood score in a Gaussian Mixture Model (GMM) which is fitted to the observed attractor generated by the real system in state space. Using that learned GMM, a similarity score can be defined by the computed likelihood score of the model time series. The results show the adequacy of the proposed cost function.

  • articleNo Access

    A New Cost Function for Parameter Estimation of Chaotic Systems Using Return Maps as Fingerprints

    Estimating parameters of a model system using observed chaotic scalar time series data is a topic of active interest. To estimate these parameters requires a suitable similarity indicator between the observed and model systems. Many works have considered a similarity measure in the time domain, which has limitations because of sensitive dependence on initial conditions. On the other hand, there are features of chaotic systems that are not sensitive to initial conditions such as the topology of the strange attractor. We have used this feature to propose a new cost function for parameter estimation of chaotic models, and we show its efficacy for several simple chaotic systems.

  • articleNo Access

    Classical Inference of a New PCI CNpmkc for Logistic-Exponential Process Distribution

    The process capability index (PCI) has been developed as a useful instrument for measuring how well a product matches customer expectations while also assessing the performance of a process. We are aware that when the quality characteristics of the processes follow normal distribution, conventional PCIs produces superior results. However, these traditional indices could not yield reliable findings when assessing nonnormally distributed processes, which could make decision-making more difficult. In this paper, we take into account the CNpmkc process capacity index, which may be used for both normally distributed and nonnormally distributed processes. We have employed 10 traditional methods of estimation to estimate the PCI CNpmkc when the process has a logistic-exponential distribution, and the performances of these traditional estimates of the index CNpmkc are compared in terms of their mean squared errors through a simulation exercise. Then, we create five PCI CNpmkc bootstrap confidence intervals and contrast them based on their average widths and related coverage probabilities. In order to demonstrate the applicability of the suggested methods of estimation, two data sets pertaining to the electronic industries are re-analyzed.

  • articleNo Access

    Goodness of machine learning models

    In this context, a model is an algorithm or a procedure that applies to data resulting in a functional relation τ between “input space” 𝒳 and “output space” 𝒴. In this short paper, we will delineate objective criteria which help to disambiguate and rate models’ credibility. We will define pertinent concepts and will voice an opinion on the matter of good versus bad versus so–so models.

  • chapterFree Access

    Goodness of machine learning models

    In this context, a model is an algorithm or a procedure that applies to data resulting in a functional relation τ between “input space” X and “output space” Y. In this short paper, we will delineate objective criteria which help to disambiguate and rate models’ credibility. We will define pertinent concepts and will voice an opinion on the matter of good versus bad versus so–so models.

  • chapterNo Access

    Interactions of Computability and Randomness

    We survey results relating the computability and randomness aspects of sets of natural numbers. Each aspect corresponds to several mathematical properties. Properties originally defined in very different ways are shown to coincide. For instance, lowness for ML-randomness is equivalent to K-triviality. We include some interactions of randomness with computable analysis.