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employ the cartel stability concept of d'Aspremont et al. (1983) frequently use the assumption that countries can sign a …
Persistent link: https://www.econbiz.de/10005789268
This book summarizes ongoing research introducing probability space isomorphic mappings into the strategy spaces of game theory. This approach is motivated by discrepancies between probability theory and game theory when applied to the same strategic situation. In particular, probability theory...
Persistent link: https://www.econbiz.de/10011108453
In this paper the issue of mathematical programming and optimization has being revisited. The theory of optimization deals with the development of models and methods that determine optimal solutions to mathematical problems defined. Mathematical model must be some function of any solution that...
Persistent link: https://www.econbiz.de/10011107300
Models dealing with monetary policy are generally based on microfoundations that characterize the behaviour of representative agents (households and firms). To explain the representative consumer behaviour, it is generally assumed a utility function in which the intertemporal elasticity of...
Persistent link: https://www.econbiz.de/10005836445
bifurcation parameter we study the direction and the stability of the bifurcating periodic solutions. We show when the system is …
Persistent link: https://www.econbiz.de/10005836580
dividend policies as in developed markets where dividend smoothing is a management tendency. For testing dividend stability and …
Persistent link: https://www.econbiz.de/10005836641
not well known in France. We show that the procedure satisfies desirable properties of stability and optimality. In order …
Persistent link: https://www.econbiz.de/10005836801
kind of stable dynamics domain from another kind (called soft bifurcation), such as bifurcation from monotonic stability to … damped periodic stability or from damped periodic to damped multiperiodic stability. There are not only an infinite number of … kinds of unstable dynamics, some very close to stability in appearance, but also an infinite number of kinds of stable …
Persistent link: https://www.econbiz.de/10011257703
The article clarifies the substantive aspects of emergence of stability in dynamics of development of economic entities …. The condition of stability demonstration in economic processes through the measures of uncertainty and certainty is … provided and proved. The tetralistic nature of stability as a property of both state (position) and result of a self …
Persistent link: https://www.econbiz.de/10011257704
achieving price stability. However, despite the levels of independence claimed to be enjoyed by several central banks, recent … which are capable of devastating consequences, namely, a drastic disruption of the system's financial stability, need to be …
Persistent link: https://www.econbiz.de/10011257824