Similar Search Results

Commission, Productivity - EconWPA - 2002

In late 2000, the Government asked the Commission to undertake a legislation review of Clause 6 of the Competition Principles Agreement (CPA) (requiring a National Access Regime) and Part IIIA of the Trade Practice Act 1974 and report within nine months. The Commission was asked to identify the...

Persistent link: https://www.econbiz.de/10005118927

Modeling highly volatile and seasonal markets: evidence from the Nord Pool electricity market

Weron, Rafal; Simonsen, Ingve; Wilman, Piotr - EconWPA - 2003

In this paper we address the issue of modeling spot electricity prices. After analyzing factors leading to the unobservable in other financial or commodity markets price dynamics we propose a mean reverting jump diffusion model. We fit the model to data from the Nord Pool power exchange and find...

Persistent link: https://www.econbiz.de/10005407920

On detecting and modeling periodic correlation in financial data

Broszkiewicz-Suwaj, Ewa; Makagon, Andrzej; Weron, Rafal; … - EconWPA - 2005

For many economic problems standard statistical analysis, based on the notion of stationarity, is not adequate. These include modeling seasonal decisions of consumers, forecasting business cycles and - as we show in the present article - modeling wholesale power market prices. We apply standard...

Persistent link: https://www.econbiz.de/10005407946

Revolutionary Ideas for Radio Regulation

Galbi, Douglas A. - EconWPA - 2003

Radio technology is the key to rapid broadband development that reaches even geographically remote areas of the world. To get needed, radical changes in radio regulation, much more attention should be directed toward central issues of constitutional law. Historical experience and centuries of...

Persistent link: https://www.econbiz.de/10005126024

" Communication in Dynastic Repeated Games: `Whitewashes' and `Coverups' "

Anderlini, Luca; Lagunoff, Roger - EconWPA - 2001

We ask whether communication can directly substitute for memory in dynastic repeated games in which short lived … by means of communication. When communication is costless and messages are sent simultaneously, communication mechanisms … or protocols exist that sustain the same set of equilibrium payoffs as in the standard repeated game. When communication …

Persistent link: https://www.econbiz.de/10005407603

Communication of Research on Forecasting: The Journal

Armstrong, J. S. - EconWPA - 2005

communicate research findings. In particular, the IIF tries to foster communication among researchers, between researchers and …

Persistent link: https://www.econbiz.de/10005408131

A New Account of Personalization and Effective Communication

Galbi, Douglas A. - EconWPA - 2003

communication across a large population. The observed preference for personalization over the past two centuries and the importance … of action and personal relationships to effective communication are aspects of information economies that are likely to …

Persistent link: https://www.econbiz.de/10005408385

Organizations and Overlapping Generations Games: Memory, Communication, and Altruism

Lagunoff, Roger; Matsui, Akihiko - EconWPA - 2001

This paper studies the role of memory and communication in games between ongoing organizations. In each organization … the past can be communicated by one generation to the next through ``cheap talk" communication. With costly communication …

Persistent link: https://www.econbiz.de/10005550938

KNOWLEDGE AND TECHNOLOGICAL INTERACTION:A POLICY ORIENTED STUDY OF THE AFRICAN UNION

NWAOBI, GODWIN CHUKWUDUM - EconWPA - 2003

POWERED BY THE DEVELOPMENTS IN NEW TECHNOLOGY APPLICATIONS, THE WORLD IS MOVING RAPIDLY TOWARDS KNOWLEDGE-BASED ECONOMIC STRUCTURES AND INFORMATION SOCIETIES THAT COMPRISE NETWORKS OF INDIVIDUALS, FIRMS AND COUNTRIES THAT ARE LINKED ELECTRONICALLY AND IN INTERDEPENDENT RELATIONSHIPS. KNOWLEDGE,...

Persistent link: https://www.econbiz.de/10005556113

Why Lying Pays: Truth Bias in the Communication with Conflicting Interests

Kawagoe, Toshiji; Takizawa, Hirokazu - EconWPA - 2005

's messages. This confirms ``truth bias'' reported in communication theory in a one-shot, anonymous environment without nonverbal … under certain conditions. We claim that the theory for the evolution of language should address why truthful communication …

Persistent link: https://www.econbiz.de/10005556670