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Genetic Action Trees A New Concept for Social and Economic Simulation

Pitz, Thomas; Chmura, Thorsten - EconWPA - 2005

Multi-Agent Based Simulation is a branch of Distributed Artificial Intelligence that builds the base for computer simulations which connect the micro and macro level of social and economic scenarios. This paper presents a new method of modelling the formation and change of patterns of action in...

Persistent link: https://www.econbiz.de/10005076915

ANALYSIS OF THE DECISION MAKING PROCESSES IN NPD PROJECTS WITHIN INNOVATIVE COMPANIES. AN EMPIRICAL STUDY IN THE VALENCIAN REGION (SPAIN)

Iturriagagoitia, Jon Mikel Zabala; Melón, Mónica García - EconWPA - 2005

The decisions made during the design process have a critical impact both on the design solution obtained but also on the design process itself. It can be observed that while the way in which products are developed differs not only across firms but within the same firm over time, what is being...

Persistent link: https://www.econbiz.de/10005062523

The Forecasting Value of New Crop Futures: A Decision-Making Framework

Sanders, Dwight R.; Garcia, Philip; Leuthold, Raymond M. - EconWPA - 1998

The statistical forecasting efficiency of new crop corn and soybean futures is the topic of frequent academic inquiry. However, few studies address the usefulness of these forecasts to economic agents' decision making. Each year Central Illinois producers are faced with the decision to plant...

Persistent link: https://www.econbiz.de/10005413204

Analysis of Customer Portfolio and Relationship Management Models : Bridging Managerial Dimensions

Rajagopal; Sanchez, Romulo - EconWPA - 2004

This paper broadly discusses the customer portfolio theories and their implications in reference to marketing and purchasing perspectives. It provides an insight into how marketers interpret and describe companies' actions. The central theme of the paper - the tools that can be used to...

Persistent link: https://www.econbiz.de/10005413281

Forecasting for Environmental Decision Making

Armstrong, JS - EconWPA - 2004

Those making environmental decisions must not only characterize the present, they must also forecast the future. They must do so for at least two reasons. First, if a no-action alternative is pursued, they must consider whether current trends will be favorable or unfavorable in the future....

Persistent link: https://www.econbiz.de/10005556575

Effects of Portfolio Planning Methods on Decision Making: Experimental Results*

Armstrong, JS; Brodie, Roderick J. - EconWPA - 2004

Subjects (n = 1015) working individually in the role of managers were asked to choose between investment opportunities that would either double their investment or cause the loss of half of it. Six administrators ran experiments on 27 occasions in six countries over a five-year period....

Persistent link: https://www.econbiz.de/10005119392

Inflation Targeting: to Forecast or to Simulate

Skorepa, Michal; Kotlan, Viktor - EconWPA - 2003

Inflation targeting is a regime based to a great extent on communication and, more specifically, on using and communicating assessments of future inflation. The central banking literature, however, devotes surprisingly little attention to some important issues connected with such assessments....

Persistent link: https://www.econbiz.de/10005561292

Consumer Perspectives of Brand Extension Effects : Information Analysis Determining the Consumer Behaviour Patterns

Rajagopal - EconWPA - 2004

Brands are successful because people prefer them to ordinary products. In addition to the psychological factors already mentioned, brands give consumers the means whereby they can make choices and judgments. The secret to successful branding is to influence the decisions the way in which...

Persistent link: https://www.econbiz.de/10005561816

Influence of Brand Name in Variety Seeking Behavior of Consumers: An Empirical Analysis

Rajagopal - EconWPA - 2005

paper have been woven around the issues of perceived risk, perceived brand difference, association of brand name and … perceptions on brand name in reference to brand risk and brand differences have been the prime factors in making buying decision … feel high risk averse and entangle in decision making with perceived brand differences. …

Persistent link: https://www.econbiz.de/10005561847

The Changing Concept of Financial Risk

LOS, CORNELIS A. - EconWPA - 2004

financial risk based on asset classes only is ready for a epistemological change. Currently, the definition of financial risk … suffers from three major deficiencies: (1) financial risk is insufficiently measured by the conventional second - order … moments; (2) financial risk is assumed to be stable and all distribution moments are assumed to be time-invariant; and (3 …

Persistent link: https://www.econbiz.de/10005077030