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La revue de la littirature sur l'analyse multicrithre montre l'existence d'une panoplie de procidures d'agrigation multicrithre (PAMC) basies sur des hypothhses, des primisses et des perspectives ipistimologiques diffirentes. De plus, il est itabli que ces PAMC ne sont pas applicables a toutes...
Persistent link: https://www.econbiz.de/10005775707
As the structure of consumer preferences plays a crucial role in the analysis of differentiated product markets, estimation of demand systems is a sensitive task. This paper contributes to this project in two ways. First, we develop a method to deal with the simultaneous choice of an equipment...
Persistent link: https://www.econbiz.de/10005486544
An evolutionary model of the product life cycle is applied to derive the experience curve and the market size of (expensive) durable goods. The experience (learning) curve suggests that the real costs per unit decrease with an increasing cumulative output (Henderson's law). Based on the idea...
Persistent link: https://www.econbiz.de/10009294665
The model presented here derives the product life cycle of durable goods. It is based on the idea that the purchase process consists of first purchase and repurchase. First purchase is determined by the market penetration process (diffusion process), while repurchase is the sum of replacement...
Persistent link: https://www.econbiz.de/10009295261
Presented is an evolutionary model of consumer non-durable markets, which is an extension of a previously published paper on consumer durables. The model suggests that the repurchase process is governed by preferential growth. Applying statistical methods it can be shown that in a competitive...
Persistent link: https://www.econbiz.de/10009323245
This study sheds new light on the question of whether or not sentiment surveys, and the expectations derived from them, are relevant to forecasting economic growth and stock returns, and whether they contain information that is orthogonal to macroeconomic and financial data. I examine 16...
Persistent link: https://www.econbiz.de/10009647230
This work is focused on identifying a circular pull production control system (PPCS) and make emphasis on the presence of a stability attribute. It is an introductory paper to an extended study of macroeconomic financial stability in a physically open but systemic closed system. Previous work...
Persistent link: https://www.econbiz.de/10005126234
This paper examines empirically the impact of reproductive externalities on fertility behaviour in one developing society - Kenya. We examine this issue by quantifying the effects of group membership on the number of children ever born. The focus of this study is the identification of structural...
Persistent link: https://www.econbiz.de/10005699645
"The `holy grail' in multivariate GARCH modelling is without any doubt a parameterization of the covariance matrix that is feasible in terms of estimation at a minimum loss of generality" (van der Weide, 2002). Recent models that aspire such favourable position in this trade-off are the DCC...
Persistent link: https://www.econbiz.de/10005706569
Persistent link: https://www.econbiz.de/10005706607