Arbitration procedures with multiple arbitrators

We consider two final-offer arbitration procedures in the case where there is more than one arbitrator. Two players, labeled 1 and 2 and interpreted here as Labor and Management, respectively, are in dispute about an increase in the wage rate. They submit final offers to a Referee. There are N arbitrators. Each of the arbitrators has her own assessment and selects the offer which is closest to her assessment. After that each arbitrator informs the Referee about her decision. The Referee counts the votes and declares the player obtaining the most votes to be the winner. Under the second arbitration scheme, the Referee takes into account only the assessments which lie between the players’ offers. The game is modeled as a zero-sum game. The Nash equilibrium in this arbitration game is derived.     

Fractional Bilinear Stochastic Equations with the Drift in the First Fractional Chaos

Abstract

In the paper we compute the explicit form of the fractional chaos decomposition of the solution of a fractional stochastic bilinear equation with the drift in the fractional chaos of order one and initial condition in a finite fractional chaos. The large deviations principle is also obtained for the one-dimensional distributions of the solution of the equation perturbed by a small noise.     

Multiple Statistical models for simulation and prediction of nonlinear processes

The paper describes a parameterisation procedure for multiple nonlinear equations with intercepts. These equations may consist of numerous members with few practical limitations on their structure. Examples are given on the application of the procedure to simulation in the areas of chemical technology and hydrology. Advantages of the proposed method are simplicity of the fitting procedure, high accuracy of simulations and more reliable simulations beyond the calibration range     

A new distance measure including the weak preference relation: Application to the multiple criteria aggregation procedure for mixed evaluations

We introduce a new distance measure between two preorders that captures indifference, strict preference, weak preference and incomparability relations. This measure is the first to capture weak preference relations. We illustrate how this distance measure affords decision makers greater modeling power to capture their preferences, or uncertainty and ambiguity around them, by using our proposed distance measure in a multiple criteria aggregation procedure for mixed evaluations.     

Monotonicity of certain integrals involving gamma distributions and their applications in multiple comparisons

Barlow and Gupta (1969) and Alam (1970) studied the monotonicity of two integrals, involving gamma distributions, that arise in certain ranking and selection problems. In this paper, we shall unify their results by studying the monotonicity of two generalized versions of integrals considered by them. We will also provide applications of derived results in study of certain multiple comparison procedures.     

Poisson discretizations of Wiener functionals and Malliavin operators with Wasserstein estimates

This article proposes a global, chaos-based procedure for the discretization of functionals of Brownian motion into functionals of a Poisson process with intensity $\lambda >0$. Under this discretization we study the weak convergence, as the intensity of the underlying Poisson process goes to infinity, of Poisson functionals and their corresponding Malliavin-type derivatives to their Wiener counterparts. In addition, we derive a convergence rate of $O\left({\lambda }^{?1∕4}\right)$ for the Poisson discretization of Wiener functionals by combining the multivariate Chen–Stein method with the Malliavin calculus. Our proposed sufficient condition for establishing the mentioned convergence rate involves the kernel functions in the Wiener chaos, yet we provide examples, especially the discretization of some common path dependent Wiener functionals, to which our results apply without committing the explicit computations of such kernels. To the best our knowledge, these are the first results in the literature on the universal convergence rate of a global discretization of general Wiener functionals.     

A novel method for crack detection in beam-like structures by measurements of natural frequencies

A novel method is proposed for calculating the natural frequencies of a multiple cracked beam and detecting unknown number of multiple cracks from the measured natural frequencies. First, an explicit expression of the natural frequencies through crack parameters is derived as a modification of the Rayleigh quotient for the multiple cracked beams that differ from the earlier ones by including nonlinear terms with respect to crack severity. This expression provides a simple tool for calculating the natural frequencies of the beam with arbitrary number of cracks instead of solving the complicated characteristic equation. The obtained nonlinear expression for natural frequencies in combination with the so-called crack scanning method proposed recently by the authors allowed the development of a novel procedure for consistent identification of unknown amount of cracks in the beam with a limited number of measured natural frequencies. The developed theory has been illustrated and validated by both numerical and experimental results.     

Delayed stability switches in singularly perturbed predator–prey models

In this paper we provide an elementary proof of the existence of canard solutions for a class of singularly perturbed planar systems in which there occurs a transcritical bifurcation of the quasi steady states. The proof uses the one-dimensional result proved by V.F. Butuzov, N.N. Nefedov and K.R. Schneider, and an appropriate monotonicity assumption on the vector field. The result is applied to identify all possible predator–prey models with quadratic vector fields allowing for the existence of canard solutions.     

Singly Periodic Solutions of the Allen-Cahn Equation and the Toda Lattice

The Allen-Cahn equation ? Δu = u ? u ³ in ?² has family of trivial singly periodic solutions that come from the one dimensional periodic solutions of the problem ?u″ =u ? u ³. In this paper we construct a non-trivial family of singly periodic solutions to the Allen-Cahn equation. Our construction relies on the connection between this equation and the infinite Toda lattice. We show that for each one-soliton solution to the infinite Toda lattice we can find a singly periodic solution to the Allen-Cahn equation, such that its level set is close to the scaled one-soliton. The solutions we construct are analogues of the family of Riemann minimal surfaces in ?³.