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We show that the empirical distribution of the roots of the vector auto-regression of order n fitted to T observations of a general stationary or non-stationary process, converges to the uniform distribution over the unit circle on the complex plane, when both T and n tend to infinity so that...
Persistent link: https://www.econbiz.de/10005837267
national accounts data, by re-estimating thesampling weight through minimization of entropy distance of information …
Persistent link: https://www.econbiz.de/10005786983
returns prevail). In this paper, we introduce a new assumption about the generation of knowledge, which involves entropy, i … explored in scenarios of neoclassical and endogenous growth and it is able to justify endogenous fluctuations. Entropy in the … are observable for different degrees of entropy. Complete a-periodicity (chaos) is also found for particular values of an …
Persistent link: https://www.econbiz.de/10005787052
In 2007 Russian voters elected representatives to the State Duma under new electoral procedures that President V. Putin had instituted. A presidential election followed in 2008 leading to Putin’s new role as Prime Minister. To many observers, the reforms and the election campaigns resulted in...
Persistent link: https://www.econbiz.de/10005787119
Entropy is a measure of information and uncertainty which has been used recently in different areas, besides of its …, Ausloos et al, 1999 or Bouchaud, 2002). This paper intends to explore the utilization of entropy through politics and election … results, an area just slightly explored (Gill, 2005). It generalizes interpretation of entropy, considering it a measure of …
Persistent link: https://www.econbiz.de/10005789727
his view of the subjective entropy of the environmental process and other important parameters at each stage of the …
Persistent link: https://www.econbiz.de/10005790369
We propose a country classification of economic growth currency crisis consequences based on the entropic analysis of the real exchange rate. We show that this ranking is highly correlated with the annual minimum rate of growth, a proxy used to quantify real currency crisis effects.
Persistent link: https://www.econbiz.de/10005835448
ensured. However a concession can enlarge the FSR. Finally, throughout the paper, the concept of entropy is applied as a tool …
Persistent link: https://www.econbiz.de/10005835709
level of ‘guns’ than Hirshleifer’s classical model. At the same time, it also exhibits a lower degree of entropy. …
Persistent link: https://www.econbiz.de/10005836217
The function defined as information-decision can be considered today the central function of management; we believe that the option for a compromise of the type: prognosis of product or service, organization, information - decision, stimulation and control better responds to the new managerial...
Persistent link: https://www.econbiz.de/10005836315