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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
information theory and to well-founded decision models when framed in an expected utility maximization context. In applications …
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 … locate in areas with a lower diversity of services.The results of this research add to a growing body of research and theory …
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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A Methodological Case Study on the Theory of Demand
Müller, Olaf L. - 2005
My philosophical case study concerns textbook presentations of the theory of demand. Does this theory contain anything …. But then, the theory implies false factual claims. We can avoid this result by embracing the theory’s normative character … of physics by Oliver Timmer. Applying his ideas to the theory of demand reveals that the statements of this discipline …
Persistent link: https://www.econbiz.de/10009467037
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Employing Travel Time to Compare the Value of Competing Cultural Organizations
Boter, Jaap; Rouwendal, Jan; Wedel, Michel - 2005
A number of studies have applied non-market valuation techniques to measure the value of cultural goods. Virtually all of these studies are single case applications and rely mostly on stated preferences, such as contingent valuation techniques. We compare the relative value of multiple,...
Persistent link: https://www.econbiz.de/10009477025
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Conditional Betas, Higher Comoments and the Cross-Section of Expected Stock Returns
Xu, Lei - 2010
coefficients of coskewness and cokurtosis have the correct sign as predicted by the higher-moment CAPM theory but only cokurtosis … size and book-to-market ratio in Chapter 3. This is a cross-sectional test of the conditional CAPM. The models examined …-factor asset pricing models. Models tested are the CAPM, the Fama-French three-factor model and a four-factor model including the …
Persistent link: https://www.econbiz.de/10009440933