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Flieth, B; Foster, J - 2002

accordance with some rationality postulate. We offer an alternative nonlinear model where agents exchange their opinions and …

Persistent link: https://www.econbiz.de/10009447863

Complex systems and economic development

Yoguel, Gabriel; Robert, Verónica; Erbes, Analía - 2008

This paper is based on an application of complex systems' approach toeconomics with the objective of explaining the micro, meso andmacroeconomic mechanisms of development. The complex systems' approachmakes it possible to tackle the problem of evolution and economicdevelopment under conditions...

Persistent link: https://www.econbiz.de/10009475796

UNDERSTANDING THE THEORETICAL AND PRACTICAL ASPECTS OF SELF-MANAGEMENT

Chokheli, Eka; Kharkheli, Manana; Makasarashvili, Mikheil - 2023

In the article - "Understanding the theoretical and practical aspects of self-management" - this phenomenon is discussed in terms of its role in the self-improvement of a person. The article lists the limiting factors of self-management and ways to overcome them, sequentially names the functions...

Persistent link: https://www.econbiz.de/10014337745

Herd Behavior by Japanese Banks After Financial Deregulation in the 1980s

Nakagawa, Ryuichi; Uchida, Hirofumi - 2007

This paper empirically investigates whether Japanese banks followed herd behavior as a result of financial deregulation in the 1980s, and whether any observed herd behavior brought about inefficiencies that could have caused macroeconomic fluctuations. Using loan-portfolio data, the paper...

Persistent link: https://www.econbiz.de/10009472552

Herd behavior in voluntary disclosure decisions: An examination of capital expenditure forecasts

Brown, Nerissa Christine - 2005

This study documents behavior consistent with herding in voluntary disclosure decisions and investigates two possible reasons for this phenomenon. Based on theories of social learning and rational herds, herding in disclosure decisions may be due to managers' use of information reflected in the...

Persistent link: https://www.econbiz.de/10009450580

Economic Forecasting. Experimental Evidence on Individual Biases, Group Cooperation and Herd Behavior

Meub, Lukas - 2014

Persistent link: https://www.econbiz.de/10010434922

An agent-based stochastic volatility model

Simone Alfarano - 2006

universal patterns of interaction among investors. In this thesis, we contribute to this literature by introducing a very simple … interaction among traders. The simplicity of the model allows us to estimate the underlying parameters, since it is possible to …

Persistent link: https://www.econbiz.de/10009429011

Aggregation-Based Feature Invention and Relational Concept Classes

Perlich, Claudia; Provost, Foster - 2003

Model induction from relational data requires aggregation of values ofattributes of related entities. This paper makes … needed to learn these concepts. (2) Expanding onelevel of the hierarchy, it introduces new aggregation operators thatmodel … byclass. (3) It demonstrates empirically on a noisy business domain thatmore-complex aggregation methods can increase …

Persistent link: https://www.econbiz.de/10009435047

Individual QoS versus aggregate QoS: A loss performance study

Xu, Ying; Guérin, Roch A - 2005

This paper explores the differences that can exist between individual and aggregate loss guarantees in an environment where guarantees are only provided at an aggregate level. The focus is on understanding which traffic parameters are responsible for inducing possible deviations and to what...

Persistent link: https://www.econbiz.de/10009439223

Adjustment is Much Slower than You Think

Caballero, Ricardo J.; Engel, Eduardo M.R.A. - 2003

still remains significant at high levels of aggregation. Because the bias rises with disaggregation, findings of …

Persistent link: https://www.econbiz.de/10009444189