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1. Introduction -- 2. Closed Queueing Networks -- 3. Literature Review -- 4. Decomposition Approach -- 5. Markov-chain Approach -- 6. Distribution of the Time between Processing Starts -- 7. Conclusion
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Austria. His research interests include discrete event simulation, agent-based simulation, queuing theory, stochastic …
Persistent link: https://www.econbiz.de/10013341696
Persistent link: https://www.econbiz.de/10013521053
This textbook presents the basics of game theory both on an undergraduate level and on a more advanced mathematical … theory, including cooperative game theory. Part I presents introductions to all these topics on a basic yet formally precise … level. It includes chapters on repeated games, social choice theory, and selected topics such as bargaining theory, exchange …
Persistent link: https://www.econbiz.de/10012402169
This book presents the basics of game theory both on an undergraduate level and on a more advanced mathematical level …. It covers most topics of interest in game theory, including cooperative game theory. Part I presents introductions to all … these topics on a basic yet formally precise level. It includes chapters on repeated games, social choice theory, and …
Persistent link: https://www.econbiz.de/10013521003
Electricity is an essential commodity traded at power exchanges. Its price is very volatile within a day and over the year. This raises questions about the efficiency of the trading rules. The author develops a non-cooperative auction model analyzing the bidding behavior of producers at power...
Persistent link: https://www.econbiz.de/10013521093
Political and economic institutions are typically governed by committees that face the challenge to reconcile the preferences of their members. How should decision rules be designed to generate fair and sustainable agreements, for example if committee members represent groups of different sizes?...
Persistent link: https://www.econbiz.de/10013521312
in die auktionsbasierte nationale Reallokation von Treibhausgas-Emissionsrechten und Treibhausgas-Emissionsgutschriften auf Unternehmensebene -- Hintergrund der Treibhausgas-Emissionsrechte und Treibhausgas-Emissionsgutschriften -- Realproblem der Reallokation von Treibhausgas-Emissionsrechten...
Persistent link: https://www.econbiz.de/10013505185
. Chapter 1 gives a brief introduction to the classical theory on both discrete and continuous time Markov chains. The … relationship between Markov chains of finite states and matrix theory will also be highlighted. Some classical iterative methods …
Persistent link: https://www.econbiz.de/10014016579
This thesis presents a new strategy that unites qualitative and quantitative mass data in form of text news and tick-by-tick asset prices to forecast the risk of upcoming volatility shocks. Holger Kömm embeds the proposed strategy in a monitoring system, using first, a sequence of competing...
Persistent link: https://www.econbiz.de/10014018810