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Entropy in the creation of knowledge: a candidate source of endogenous business cycles

Gomes, Orlando - Volkswirtschaftliche Fakultät, … - 2006

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

Government spending in a model where debt effects output gap

Bell, Peter N - Volkswirtschaftliche Fakultät, … - 2012

In this paper I present a simple model of government spending where the level of government debt affects the output gap. The structure of the economy is specified such that the output gap has a structural part, which is a function of debt. Based on empirical research, the structural part is...

Persistent link: https://www.econbiz.de/10011111805

Resources and North-South trade: a macro analysis in open economies

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1988

The paper explores the impacts of resource export policies on major macro variables of the exporter and the importer economies. There are two regions, North and South, trading resources for industrial goods. Each region consumes two goods (basic consumption goods and industrial goods) and...

Persistent link: https://www.econbiz.de/10005789767

Necessary and sufficient conditions for a resolution of the social choice paradox

Chichilnisky, Graciela; Heal, Geoffrey - Volkswirtschaftliche Fakultät, … - 1979

We present a restriction on the domain of individual preferences that is both necessary and sufficient for the existence of a social choice rule that is continuous, anonymous, and respects unanimity. The restriction is that the space of preferences be contractible. Contractibility admits a...

Persistent link: https://www.econbiz.de/10005835717

Conference Report: Trends in mathematical modelling

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1976

A conference report on UNESCO and Fundacion Bariloche sponsored conference with policy-oriented scientists from Africa, Europe, Latin America, and the United States of December 1976. The focus was on global modelling, its formalization and reliability. The applications were to problems of...

Persistent link: https://www.econbiz.de/10005616711

The economics of global environmental risk

Chichilnisky, Graciela - Volkswirtschaftliche Fakultät, … - 1998

This chapter focusses on global environmental risks such as climate change, an issue that must be confronted as we move into the future. It proposes sound principles of risk management that make sense in today's society generally, going beyond their role of averting and hedging climate risks....

Persistent link: https://www.econbiz.de/10005619688

Sustainable use of renewable resources, Chapter 2.1

Chichilnisky, Graciela; Beltratti, Andrea; Heal, Geoffrey - Volkswirtschaftliche Fakultät, … - 1998

We consider here optimal use patterns for renewable resources and address the problem of optimal use of renewable resources under a variety of assumptions both about the nature of the economy in which these resources are embedded and about the objective of that economy. Although we focus here on...

Persistent link: https://www.econbiz.de/10005621841

Modelování optimální výše zápisného na české veřejné vysoké školy

Mazurek, Jiří - Volkswirtschaftliche Fakultät, … - 2014

Public universities in the Czech Republic suffer from insufficient funding for many years. One possibility for an increased funding of Czech public universities is an introduction of a low administrative fee called enrollment fee for each semester of a study. The aim of this article is to show...

Persistent link: https://www.econbiz.de/10011111644

Grid integration and smart grid implementation of emerging technologies in electric power systems through approximate dynamic programming

Xiao, Jingjie - Volkswirtschaftliche Fakultät, … - 2013

A key hurdle for implementing real-time pricing of electricity is a lack of con-sumers’ responses. Solutions to overcome the hurdle include the energy management system that automatically optimizes household appliance usage such as plug-in hybrid electric vehicle charging (and discharging with...

Persistent link: https://www.econbiz.de/10011112909

How to estimate the model of sustainable profit and corporate social responsibility

Suriya, Komsan; Sudtasan, Tatcha - Volkswirtschaftliche Fakultät, … - 2014

This paper proposes an empirical method to estimate the model of sustainable profit and corporate social responsibility originated by Sudtasan and Suriya (2013). It suggests analysts to use data from official financial statements of companies which may be reported to the Stock Exchange in a...

Persistent link: https://www.econbiz.de/10011113180