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Estimating input allocation for farm supply models
Gocht, Alexander - 2008
When building an economic model for supply analysis the aim is to model a decision makingprocess of one or more agents which fits the observed practice as good as possible. Hereby themodeller is often confronted with incomplete information about the production process; particularcrop specific...
Persistent link: https://www.econbiz.de/10009443243
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The Verification of Probabilistic Forecasts in Decision and Risk Analysis
Jose, Victor Richmond - 2009
Probability forecasts play an important role in many decision and risk analysis applications. Research and practice over the years have shown that the shift towards distributional forecasts provides a more accurate and appropriate means of capturing risk in models for these applications. This...
Persistent link: https://www.econbiz.de/10009475514
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DISCERNING Intra-Metropolitan Patterns of Producer Service Establishment Location using Geographic Information Systems
Lindsay, Francis - 2005
services, and the entropy (or diversity) of services within postal code areas and how this measure correlates to the presence …
Persistent link: https://www.econbiz.de/10009450967
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Lean Six Sigma as a Source of Competitive Advantage
Cavallini,Alessandro Giorgio 1979- - 2008
Anecdotal data affirms that companies applying Lean Six Sigma in their operations not only deliver higher quality products and services, but also obtain superior financial results. The goal of this research was to empirically verify anecdotal data. The study proposed to analyze a group of...
Persistent link: https://www.econbiz.de/10009457236
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The evaluation of internal and external entropy of agricultural enterprises
Rolínek, Ladislav; Doktorová, Milena - 2012
The level of internal and external entropy belongs to basic indicators of evaluation of successfulness of management …. Entropy represents measure of nonsystematicness enterprise, which can lead to decrease its productivity. The aim of the … article is to describe and evaluated measure of entropy of agricultural enterprises. …
Persistent link: https://www.econbiz.de/10011316136
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THE NATURE OF ENTROPY IN SOCIO-ECONOMIC SYSTEMS
MYKHAILOVSKA, Oksana - 2014
This report analyzes the relationship between thermodynamic and information entropy. It is shown that in the case of …
Persistent link: https://www.econbiz.de/10011316148
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Entropy Based Moment Selection in Generalized Method of Moments
Shin, Changmock - 2005
GMM provides a computationally convenient estimation method and the resulting estimator can be shown to be consistent and asymptotically normal under the fairly moderate regularity conditions. It is widely known that the information content in the population moment condition has impacts on the...
Persistent link: https://www.econbiz.de/10009431183
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On inequality tax evasion and progressive taxes
Lahiri, Radhika; Phoon, Mark - 2010
This paper proposes a simple variation of the Allingham and Sandmo (1972) construct and integrates it to a dynamic general equilibrium framework with heterogeneous agents. We study an overlapping generations framework i n which agents must initially decide whether to evade taxes or not. In the...
Persistent link: https://www.econbiz.de/10009438089
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Economic growth, inequality and technology adoption in transitional economies
Ratnasiri, Nawaratne Gedara Shyama Chandani - 2009
complete adoption of more productive technologies. The issue of increasing income inequality in the process of technology … adoption opens up another direction for research. Specifically increasing inequality implies that distributive conflicts may … issues. Without any political considerations, taxes would leads to a reduction in inequality and convergence of incomes …
Persistent link: https://www.econbiz.de/10009438393
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Fluctuations and rigidities in local labor markets, part II: reinterpreting contract theory
Clark, Gordon L. - 1983
, evidenced by ad hoc assumptions of cooperative wealth maximization. By integrating the underlying structure of inequality with …
Persistent link: https://www.econbiz.de/10009441459