Die im Grundstudium erworbenen mathematischen Kenntnisse reichen im wirtschaftswissenschaftlichen Hauptstudium der Betriebs- und Volkswirtschaftslehre mit einer stärkeren quantitativen Ausrichtung bei weitem nicht aus, so z.B. nicht in der Ökonometrie, im Operations Research und insbesondere...

Often applied econometricians are faced with working with data that is less than ideal. The data may be observed with gaps in it, a model may suggest variables that are observed at different frequencies, and sometimes econometric results are very fragile to the inclusion or omission of just a...

The entropy concept was developed and used by Shannon in 1940 as a measure of uncertainty in the context of information theory. In 1957 Jaynes made use of Shannon's entropy concept as a basis for estimation and inference in problems that are ill-suited for traditional statistical procedures....

Stochastic games are have an element of chance: the state of the next round is determined probabilistically depending upon players' actions and the current state. Successful players need to balance the need for short-term payoffs while ensuring future opportunities remain high. The various...

Designed for the applied practitioner, this book is a compact, entry-level guide to modeling and analyzing non-Gaussian and correlated data. Many practitioners work with data that fail the assumptions of the common linear regression models, necessitating more advanced modeling techniques. This...