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Microcredit, being the most unique form of antipoverty intervention in terms of its methodology and outreach, has generated considerable amount of disagreements in recent times. While there may be more serious disagreements surrounding microcredit, this article addresses whether or not...
Persistent link: https://www.econbiz.de/10011251879
transition probabilities. Our approach is based on an optimization model. More specifically we consider two competing objectives …
Persistent link: https://www.econbiz.de/10011259232
individual operational units. This study introduces a stochastic, multi-stage, optimization technique for short-term forecasting …
Persistent link: https://www.econbiz.de/10011259245
This paper constructs an alternative investment strategy to portfolio optimization model in the framework of the Mean … normally distributed. The traditional Mean–Variance optimization approach has only one objective, which fails to capture the … problem. The proposed optimization model which is an optimal portfolio strategy is produced for investors of various risk …
Persistent link: https://www.econbiz.de/10011259339
A non-hypothetical Becker–DeGroot–Marschak (BDM) auction-like mechanism was utilized to determine consumer characteristics, attitudinal factors, and product sensory attributes that affect willingness-to-pay (WTP) for a nutraceutical-rich juice blend (75%Concord+12%Pomegranate+13%Black...
Persistent link: https://www.econbiz.de/10011260634
The scope of this research paper is to obtain information through management accounting and cost calculation, information that helps on developing the best decisions at the level of an organization. We used as an example a case study from the manufacturing industry which helped us to better...
Persistent link: https://www.econbiz.de/10009647375
This book presents a simple, yet very powerful, conceptual framework, which can be used to estimate market sizes, prices and their interdependency for new products based on historical market data for existing products in related areas. Even in situations where insufficient data is available the...
Persistent link: https://www.econbiz.de/10005789447
This paper reports a new theorem and proof for optimizing the advertising budget. The theorem is that the optimal rate of advertising is equal to gross profit multiplied by advertising elasticity. This does not involve a ratio of elasticities, and so is an advance on the Dorfman-Steiner theorem...
Persistent link: https://www.econbiz.de/10005789572
Through Monte Carlo experiments, this paper compares the performances of different gradient optimization algorithms …
Persistent link: https://www.econbiz.de/10008565138
We study properties of the solutions to a parametrized constrained optimization problem in Hilbert spaces. A special …
Persistent link: https://www.econbiz.de/10005835786