Constructing strongly-MDS convolutional codes with maximum distance profile

This paper revisits strongly-MDS convolutional codes with maximum distance profile (MDP). These are (non-binary) convolutional codes that have an optimum sequence of column distances and attains the generalized Singleton bound at the earliest possible time frame. These properties make these convolutional codes applicable over the erasure channel, since they are able to correct a large number of erasures per time interval. The existence of these codes have been shown only for some specific cases. This paper shows by construction the existence of convolutional codes that are both strongly-MDS and MDP for all choices of parameters.

An alternative benchmarking approach for electricity utility regulation using maximum entropy

The main purpose of this study is to present an alternative benchmarking approach that can be used by national regulators of utilities. It is widely known that the lack of sizeable data sets limits the choice of the benchmarking method and the specification of the model to set price controls within incentive-based regulation. Ill-posed frontier models are the problem that some national regulators have been facing. Maximum entropy estimators are useful in the estimation of such ill-posed models, in particular in models exhibiting small sample sizes, collinearity and non-normal errors, as well as in models where the number of parameters to be estimated exceeds the number of observations available. The empirical study involves a sample data used by the Portuguese regulator of the electricity sector to set the parameters for the electricity distribution companies in the regulatory period of 2012-2014. DEA and maximum entropy methods are applied and the efficiency results are compared.