Showing 1 - 10 of 79
Economic simulation - as economic pattern simulation use - which is already a useful tool of searchers and managers …, would be a tool of economic teacher. When teacher want explain economic theories, he can't do experiment, hence simulation … would take place experiment. Simulation is an analytical (teacher can study some economic poli- cies) and synthetic (teacher …
Persistent link: https://www.econbiz.de/10005835626
The purpose of this paper is, through a system of software, to analyze some theoretical aggregate models. We suggest to build a disaggregated model to compare its results with these of the aggregated one. The disaggregated model uses an analogical mechanism of the individual behaviors so that a...
Persistent link: https://www.econbiz.de/10005835670
coefficients and allow for heterogeneous errors. Simulation shows that (1) accounting for the sampling variability of estimated …
Persistent link: https://www.econbiz.de/10005835843
Empirical evidence questions the unitary allocation model of the household that underpins the standard measurement of monetary poverty and inequality. Intra-household gender discrimination has been widely shown to shape expenditure decisions, nutrition status, and human capital accumulation of...
Persistent link: https://www.econbiz.de/10005836291
In this paper I present a method for the simulation of the default of such loans that have two important properties … widely considered in modelling, linking them into one single (simulation) framework might not be that common. However, the … most important merit of this paper is showing a fast and accurate simulation algorithm for the asset values. …
Persistent link: https://www.econbiz.de/10005837041
We develop a model of household demand for frequently purchased consumer goods that are branded, storable and subject to stochastic price fluctuations. Our framework accounts for how inventories and expectations of future prices affect current period purchase decisions. We estimate our model...
Persistent link: https://www.econbiz.de/10011257829
This paper continues consideration of computer simulation of a bank branch by means of GPSS World and structural … report on the development of a simulation model to examine the influence of skills, motivation and an emotional condition of …
Persistent link: https://www.econbiz.de/10011257917
Say’s Law has passed through various conceptual frameworks. As the next logical step, this paper provides a rigorous restatement in structural axiomatic terms. The main reason is that previous attempts have been methodologically unsatisfactory. Standard economics rests on behavioral...
Persistent link: https://www.econbiz.de/10011257925
, competitiveness and solvency. Our developed model integrates simulation approach with a Multi-Objective Particle Swarm Optimization …
Persistent link: https://www.econbiz.de/10011258040
stringent conditions. Sensitivity analysis on a simulation model is used to investigate the effect of the tax and the economic … growth policies on fiscal pressure and after-tax GDP per capita. This simulation model is based upon the Productivity …
Persistent link: https://www.econbiz.de/10011258581