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As part of a study aimed at estimating suburban highway needs for year 2005, models were developed for forecasting daily vehicle miles of travel (DVMT) for urban areas and its distribution by highway functional class, urban location, and urban area size. A regression model combining both time...
Persistent link: https://www.econbiz.de/10009435975
We provide a monotonic transformation of an initial diffusion with a level-dependent diffusion parameter that yields a second, deterministic parameter process. Altering the diffusion parameter while maintaining the original Brownian motion at the expense of the drift can be viewed as a...
Persistent link: https://www.econbiz.de/10005245203
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In this paper we analyse the problem of the modelling of individual transitions in presence of an incomplete sampling scheme.
Persistent link: https://www.econbiz.de/10005207725
The notion of disapprobation is defined. It is designed to capture some features of misspecification in a decision-theoretic framework. Moreover, it is a sample-based notion so it is well-suited for the study of misspecification in Bayesian contexts. Some elementary examples of disapprobation...
Persistent link: https://www.econbiz.de/10005669262
In Van den Akker, Van Hoesel, and Savelsbergh (1994), we have studied a time-indexed formulation for single-machine scheduling problems and have presented a complete characterization of all facet inducing inequalities with right-hand side 1 and 2 for the convex hull of the monotone extension of...
Persistent link: https://www.econbiz.de/10005669295
Classically, the concept of efficiency measurement is based on the definition of a frontier that envelops the observed production plans. The efficiency score itself is based on the distance of an observed production plan from this frontier. The frontier along with the required technological...
Persistent link: https://www.econbiz.de/10005669302
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A geometrical interpretation of multiple regression is proposed. The method is explained within the context of the tourism industry by developing a model for the management of hotels. The paper first explains the technique in non-mathematical terms and is completed with the mathematical proof of...
Persistent link: https://www.econbiz.de/10005671313