Showing 1 - 5 of 5
In this methodological work I explore the possibility of explicitly modelling expec-tations conditioning the R&D decisions of firms. In order to isolate this problem from the controversies of cognitive science, I propose a black box strategy through the concept of internal model . The last part...
Persistent link: https://www.econbiz.de/10005133009
Accurate forecasting of river flows is one of the most important applications in hydrology, especially for the management of reservoir systems. To capture the seasonal variations in river flow statistics, this paper develops a robust modeling approach to identify and estimate periodic...
Persistent link: https://www.econbiz.de/10011273097
We present the basic mechanisms of Genetic Algorithms and some significant applications of these algorithms in economics. The article also provides a representative reference list on this topic.
Persistent link: https://www.econbiz.de/10005545379
The modelling of networks formation has recently became the object of an increasing interest in economics. One of the important issues raised in this literature is the one of networks efficiency. Nevertheless, for non trivial payoff functions, searching for efficient network structures turns out...
Persistent link: https://www.econbiz.de/10005741181
Convergence to Nash equilibrium in Cournot oligopoly is a problem that recurrently arises as a subject of study in economics. The development of evolutionary game theory has provided an equilibrium concept more directly connected with adjustment dynamics and the evolutionary stability of the...
Persistent link: https://www.econbiz.de/10005697627