Dear Colleagues,
Please check out ASMB 40:1, the first 2024 issue of Applied Stochastic Models in Business and Industry (https://onlinelibrary.wiley.com/journal/15264025), the official journal of the International Society for Business and Industrial Statistics (https://isbis-isi.org/isbis/). This issue of ASMBI features a Discussion Paper “Specifying prior distributions in reliability applications” by Tian, Lewis-Beck, Niemi, and Meeker. This interesting paper is discussed by 19 experts, to which the authors provide a rejoinder. The issue also includes four interesting research articles on different topics such as bootstrapping, optimal stopping, optimal maintenance, and fraud modeling.
On behalf of the editorial board, I sincerely thank all the authors and reviewers for making this exciting issue possible. I also thank Fabrizio Ruggeri for his long and outstanding leadership of ASMBI – please look at the messages from Fabrizio and myself in this issue.

Best wishes,
Nalini Ravishanker
Professor, University of Connecticut
Editor-in-Chief, ASMBI
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Applied Stochastic Models in Business and Industry
Vol. 40 No. 1, Jan/Feb 2024

Link for TOC: https://onlinelibrary.wiley.com/toc/15264025/2024/40/1
We sincerely hope that you enjoy this issue of ASMBI.