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Integral observers are useful tools for estimating the plant states in the presence of non-vanishing disturbances resulting from plant-model mismatch and exogenous disturbances. It is well known that these observers can eliminate bias in all states, given ...
We investigate whether corporations and their executives react to an exogenous change in passive institutional ownership and alter their corporate governance structure. We find that exogenous increases in passive ownership lead to increases in CEO power an ...
This paper describes an attempt to understand better the endogenous relationships between urban form, accessibility to public transit, and daily travel distance. A model of two simultaneous equations was implemented. The model took into account the interac ...
The performance of energy systems usually degrades gradually away from the best operation conditions during continuous operation. Since the components in an energy system are interconnected with each other, the performance degradation or anomalies occurrin ...
In this paper we extend the Multiple Indicator Solution (MIS),used to correct for endogeneity, so that it can also be used when there are interactions between observed and unobserved factors in the specification of the utility function. We show the theoret ...