Full Publications

Full Publications:

1. Yong, Y., Cheung, K.C. and Zhang, Y. (2024). Optimal reinsurance design under distortion risk measures and reinsurer's default risk with partial recovery. ASTIN Bulletin: The Journal of the IAA, accepted on June 2024.

2. Zhang, Y. (2024). Stochastic orders and distortion risk contribution ratio measures. Insurance: Mathematics and Economics, accepted on June 2024.

3. Pu, T., Zhang, Y.F. and Zhang, Y. (2024). On joint marginal expected shortfall and associated contribution risk measures. Quantitative Finance, accepted on May 2024.

4. Wen, L., Liu, W. and Zhang, Y. (2024). Multidimensional credibility: A new approach based on joint distribution function. ASTIN Bulletin: The Journal of the IAA, accepted on March 2024.

5. Guo, M., Zhang, J., Zhang, Y. and Zhao, P. (2024). Optimal redundancy allocations for series systems under hierarchical dependence structures. Quality Engineering and Reliability International Journal,  Accepted on Feb 5, 2024.

6. Chen, Y., Cheung, K.C. and Zhang, Y. (2024). Bowley solution under the reinsurer's default risk. Insurance: Mathematics and Economics, 115, 36-61. 

7. Yong, Y., Zeng, P. and Zhang, Y. (2023). Credibility theory for variance premium principle. North American Actuarial Journal, Accepted.

8. Chen, Y., Jiang, W. and Zhang, Y. (2023). Mean-variance insurance design under heterogeneous beliefs. The Journal of Risk, 26(2), 105-132.

9. Ding, W., Li, J. and Zhang, Y. (2023). Criticality-based allocation of active redundancies for
   asymmetric components in coherent systems. Computers & Industrial Engineering, 183, 109467.

10. Liang, X., Jiang, W. and Zhang, Y. (2023). Optimal insurance design under mean-variance preference with narrow framing. Insurance: Mathematics and Economics, 112, 59-79.

11. Zhang, J., Yan, R. and Zhang, Y.  (2023). Stochastic comparisons of largest claim amounts from heterogeneous and dependent insurance portfolios. Journal of Computational and Applied Mathematics, 431, 115265.

12. Zhang, J. and Zhang, Y. (2023). Stochastic comparisons of relevation allocation policies in coherent systems. TEST, 32, 865-907.

13. Pu, T., Zhang, Y. and Yin, C. (2023). Generalized location-scale mixtures of elliptical distributions: Definitions and stochastic comparisons. Communications in Statistics - Theory and Methods, DOI: 10.1080/03610926.2023.2165407

14. Wang, C., Wang, W., Zhang, Y. and Zhao, P. (2023). Optimal allocation of policy limits in layer reinsurance treaties. Probability in the Engineering and Informational Sciences, 37, 546-566.

15. Zhang, Y. (2023). Stochastic comparisons of conditional residual lifetimes with applications. Quality Technology & Quantitative Management, 20(5), 601-632.

16. Zhang, Y., Hu, Y. and Zhao, P. (2023). Ordering results on largest order statistics from multiple-outlier gamma variables. Communications in Mathematics and Statistics, 11, 257-282.

17. Jiang, Y., Zhang, Y. and Zhao, P.  (2023). Optimal capital allocation for individual risk model using mean-variance principle. Journal of Industrial and Management Optimization,  19(7), 5272-5293.

18. Zhang, J., Yan, R. and Zhang, Y. ​ (2023). Reliability analysis of fail-safe systems with heterogeneous and dependent components subject to random shocks. Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability, 237(6), 1073-1087.

19. Zhang, J. and Zhang, Y. (2022). A copula-based approach on optimal allocation of hot standbys in series systems. Naval Research Logistics, 69(6), 902-913. 

20. Dhaene, J., Laeven, R.J.A. and Zhang, Y. (2022). Systemic risk: Conditional distortion risk measures. Insurance: Mathematics and Economics, 102, 126-145.

21. Wu, J., Ding, W., Zhang, Y. and Zhao, P. (2022). On reliability improvement for coherent systems with a relevation. Naval Research Logistics, 69(4), 654-666. 

22. Boonen, T.J. and Zhang, Y. (2022). Bowley reinsurance with asymmetric information: A first-best solution. Scandinavian Actuarial Journal, 2022(6), 532-551.

23. Cheung, K.C., Yam, S.C.P. and Zhang, Y. (2022). Satisficing credibility for heterogeneous risks. European Journal of Operational Research, 298(2), 752-768.

24. Sun, H., Zhang, Y. and Zhao, P. (2022). Allocating hot standbys to randomly weighted k-out-of-n: G systems. Proceedings of the Institution of Mechanical Engineers, Part O: Journal of Risk and Reliability, 236(1), 37-54.

25. Zhang, Y. (2022). Stochastic comparisons on total capacity of weighted k-out-of-n system with heterogeneous components.  Statistical Theory and Related Fields, 6(1), 72-80.

26. Yan, R., Zhang, J. and Zhang, Y. (2021). Optimal allocation of relevations in coherent systems. Journal of Applied Probability, 58(4), 1152-1169.

27. Barmalzan, G., Kosari, S. and Zhang, Y. (2021). On stochastic comparisons of finite α-mixture models. Statistics & Probability Letters, 173, 109083

28. Boonen, T.J. and Zhang, Y. (2021). Optimal reinsurance design with distortion risk measures and asymmetric information. ASTIN Bulletin: The Journal of the IAA, 51(2), 607-629.

29. Zhang, Y. (2021). On transform orders for largest claim amounts. Journal of Applied Probability, 58(4), 1064-1085.

30. Xu, M. and Zhang, Y. (2021). Data breach CAT bonds: Modeling and pricing. North American Actuarial Journal, 25(4), 543-561.

31. Boonen, T.J., Cheung, K.C. and Zhang, Y. (2021). Bowley reinsurance with asymmetric information on the insurer's risk preferences. Scandinavian Actuarial Journal, 2021(7), 623-644.

32. Zhang, Y. (2021). Reliability analysis of randomly weighted k-out-of-n systems with heterogeneous components. Reliability Engineering & System Safety,  205, 107814.

33. Yan, X, Zhang, Y. and Zhao, P. (2021). Standby redundancies at component level versus system level in series system. Communications in Statistics - Theory and Methods, 50(2), 473-485.

34. Ding, W., Wang, C. and Zhang, Y. (2021). Ordering properties of generalized aggregation with applications. Applied Stochastic Models in Business and Industry,  37(2), 282-302.

35. Zhang, T., Zhang, Y. and Zhao, P. (2021). Comparisons on largest order statistics from heterogeneous gamma samples. Probability in the Engineering and Informational Sciences, 35(3), 611-630.

36. Amini-Seresht, E., Kelkinnama, M. and Zhang, Y. (2021). On the residual and past lifetimes of coherent systems under random monitoring. Probability in the Engineering and Informational Sciences, 35(3), 465-480.

37. Zhang, Y., Ding, W. and Zhao, P. (2020). On variability of series and parallel systems with heterogeneous components. Probability in the Engineering and Informational Sciences, 34(4), 626-645.

38. Zhang, X., Zhang, Y. and Fang, R. (2020). Allocations of cold standbys to series and parallel systems with dependent components. Applied Stochastic Models in Business and Industry, 36(3), 432-451.

39. Zhang, Y. and Cheung, K.C. (2020). On the increasing convex order of generalized aggregation of dependent random variables. Insurance: Mathematics and Economics, 92, 61-69.

40. Cheung, K.C., Yam, S.C.P., Yuen, F.L. and Zhang, Y. (2020). Concave distortion risk minimizing reinsurance design under adverse selection. Insurance: Mathematics and Economics, 91, 155-165.

41. Naqvi, S., Zhang, Y. and Zhao, P. (2020). Ordering results for individual risk model with dependent location-scale claim severities. Communications in Statistics - Theory and Methods, 49(4), 942-957.

42. Amini-Seresht, E., Zhang, Y. and Li, X. (2019). On asset allocation for a threshold model with dependent returns. European Actuarial Journal, 9(2), 559-574.

43. Zhang, Y. and Zhao, P. (2019). Optimal allocation of minimal repairs in parallel and series systems. Naval Research Logistics, 66(6), 517-526.

44. Zhang, Y., Cai, X. and Zhao, P. (2019). Ordering properties of extreme claim amounts from heterogeneous portfolios. ASTIN Bulletin: The Journal of the IAA, 49(2), 525-554.

45. Chen, J., Zhang, Y.  and Zhao, P. (2019). Comparisons of order statistics from heterogeneous negative binomial variables with applications. Statistics, 53(5), 990-1011.

46. Zhang, Y., Amini-Seresht, E. and Zhao, P. (2019). On fail-safe systems under random shocks. Applied Stochastic Models in Business and Industry, 35(3), 591-602.

47. Zhang, Y., Zhao, P. and Cheung, K.C. (2019). Comparisons of aggregate claim numbers and amounts: a study of heterogeneity. Scandinavian Actuarial Journal,  2019(4), 273-290.

48. Cheung, K.C., Yam, S.C.P. and Zhang, Y. (2019). Risk-adjusted Bowley reinsurance under distorted probabilities. Insurance: Mathematics and Economics, 86, 64-72.

49. Zhang, Y., Cai, X., Zhao, P. and Wang, H. (2019). Stochastic comparisons of parallel and series systems with heterogeneous resilience-scaled components. Statistics, 53(1), 126-147.

50. Balakrishnan, N., Chen, J., Zhang, Y. and Zhao, P. (2019). Comparisons of sample ranges arising from multiple-outlier models: in memory of Moshe Shaked. Probability in the Engineering and Informational Sciences, 33(1), 28-49.

51. Zhang, Y., Ding, W. and Zhao, P. (2018). On total capacity of k-out-of-n systems with random weights. Naval Research Logistics, 65, 347-359.

52. Amini-Seresht, E., Zhang, Y. and Balakrishnan, N. (2018). Stochastic comparisons of coherent systems under different random environments. Journal of Applied Probability, 55(2), 459-472.

53. Ding, W. and Zhang, Y. (2018). Relative ageing of series and parallel systems: effects of dependence and heterogeneity among components. Operations Research Letters, 46(2), 219-224.

54. Zhang, Y., Li, X. and Cheung, K.C. (2018). On heterogeneity in the individual model with both dependent claim occurrences and severities. ASTIN Bulletin: The Journal of the IAA, 48(2), 817-839.

55. Ding, W., Zhang, Y. and Zhao, P. (2018). Ordering properties of spacings from heterogeneous geometric samples. Probability in the Engineering and Informational Sciences, 32(2), 306-322.

56. Zhang, Y. (2018). Optimal allocation of active redundancies in weighted k-out-of-n systems.  Statistics & Probability Letters, 135, 110-117.

57. Balakrishnan, N., Zhang, Y. and Zhao, P. (2018). Ordering the largest claim amounts and ranges from two sets of heterogeneous portfolios. Scandinavian Actuarial Journal, 2018(1), 23-41.

58. Chen, J., Zhang, Y., Zhao, P. and Zhou, S. (2018). Allocation strategies of standby redundancies in series/parallel system. Communications in Statistics - Theory and Methods, 47(3), 708-724.

59. Amini-Seresht, E. and Zhang, Y. (2017). Stochastic comparisons on two finite mixture models. Operations Research Letters, 45(5), 475-480.

60. Zhang, Y., Amini-Seresht, E. and Ding, W. (2017). Component and system active redundancies for coherent systems with dependent components. Applied Stochastic Models in Business and Industry, 33(4), 409-421.

61. Amini-Seresht, E. and Zhang, Y. (2017). Stochastic monotonocity of conditional order statistics in multiple-outlier scale population. Probability in the Engineering and Informational Sciences, 31(3), 366-380.

62. Zhang, Y. and Zhao, P. (2017). On the maxima of heterogeneous gamma variables. Communications in Statistics - Theory and Methods, 46(10), 5056-5071.

63. Zhao, P., Zhang, Y. and Chen, J. (2017). Optimal allocation policy of one redundancy in a n-component series system. European Journal of Operational Research, 257(2), 656-668.

64. Cai, X., Zhang, Y. and Zhao, P. (2017). Hazard rate ordering of the second order statistics from multiple-outlier PHR samples. Statistics, 51(3), 615-626.

65. Zhao, P., Wang, L. and Zhang, Y. (2017). On extreme order statistics from heterogeneous beta distributions with applications. Communications in Statistics - Theory and Methods, 46(14), 7020-7038.

66. Zhao, P., Zhang, Y. and Qiao, J. (2016). On extreme order statistics from heterogeneous Weibull variables. Statistics, 50(6), 1376-1386.

67. Amini-Seresht, E., Qiao, J., Zhang, Y. and Zhao, P. (2016). On the skewness of order statistics in multiple-outlier PHR models. Metrika, 79(7), 817-836.

68. Zhang, Y. and Zhao, P. (2015). Comparisons on aggregate risks from two sets of heterogeneous portfolios. Insurance: Mathematics and Economics, 65, 124-135.

69. Zhao, P., Zhang, Y. and Li, L. (2015). Redundancy allocation at component level versus system level. European Journal of Operational Research, 241(2), 402-411.

70. Zhao, P., Hu, Y. and Zhang, Y. (2015). Some new results on the largest order statistics from multiple-outlier gamma models. Probability in the Engineering and Informational Sciences, 29(4), 597-621.

71. Zhao, P. and Zhang, Y. (2014). On the maxima of heterogeneous gamma variables with different shape and scale parameters. Metrika, 77(6), 811-836.

72. Ding, W., Zhang, Y. and Zhao, P. (2013). Comparisons of k-out-of-n systems with heterogenous components. Statistics &  Probability Letters, 83(2), 493-502.

73. Zhao, P. and Zhang, Y. (2012). On sample ranges in multiple-outlier models. Journal of Multivariate Analysis, 111, 335-349.