Banker and Maindiratta (1992) provides a method for the estimation of a stochastic production frontier from the class of all monotone and concave functions. A key aspect of their procedure is that the ...

The rapid accumulation of genome sequence data has made phylogenetics an indispensable tool to various branches of biology. However, it has also posed considerable statistical and computational ...

Using the variational properties of epi-convergence together with suitable results on the measurability of multifunctions and integrands, we prove a strong law of large numbers for sequences of ...

Bayesian estimation and maximum likelihood methods represent two central paradigms in modern statistical inference. Bayesian estimation incorporates prior beliefs through Bayes’ theorem, updating ...

In the process of loan pricing, stress testing, capital allocation, modeling of probability of default (PD) term structure and International Financial Reporting Standard 9 expected credit loss ...