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The rationale of hybrid economic models revolves around the efficacy of multidimensional mathematical modeling and graphs as the most effective tools to understand any economic problem from a multidimensional view. The main motivation behind the creation of hybrid economic models is to evaluate...
Persistent link: https://www.econbiz.de/10012845809
In this paper we are concerned with the application of multi-dimensional graphs (or Cartesian Spaces) in visualizing and modeling total change in a dependent variable in response to changes in any or all of the (many) independent variables affecting it. Previous literature has used the ceteris...
Persistent link: https://www.econbiz.de/10014198485
In this essay we are concerned with how the application of multi-dimensional graphs (or Cartesian Spaces) can enable the relaxation or minimization of ceteris paribus assumption in economic models. Nonetheless, we agree that ceteris paribus assumption is necessary in 2-Dimensional and...
Persistent link: https://www.econbiz.de/10014049382
Background/Objectives: According to the World Trade Organization data for 2013, China became world's largest trading nation and India became the 15th largest trading nation. Emerging economies gained a lot of momentum in world trade. This study analyses the trade flows of two of the emerging...
Persistent link: https://www.econbiz.de/10012978301
This study has been conducted with the objective of understanding the process of innovative marketing models in the fisheries sector and to draw lessons from the success stories to upscale and replicate in a similar socio-politico-economic scenario in other parts of the country. It has been...
Persistent link: https://www.econbiz.de/10009203167