Showing 1 - 9 of 9
The rise of ecosystem management as an approach to renewable resource policy increases the demand for empirical bioeconomics. This paper provides a working definition of bioeconometrics and a taxonomy of model types. A bioeconometric model is a structural model that econometrically estimates one...
Persistent link: https://www.econbiz.de/10009444685
Based on a classical financial market model different model variants known from the literature are discussed and analyzed, each focussing on modeling financial markets as a nonlinear dynamic system by introducing the formation of (heterogeneous) beliefs about future asset prices into the model...
Persistent link: https://www.econbiz.de/10009428980
In this study, we first review the bifurcation phenomena in dynamic economic systems and point out the importance of … bifurcation analysis is a relatively new subject with steadily growing interest in economic literature, previous research reveals … the potential importance of further studies on bifurcation using different dynamic models. Therefore, we continue …
Persistent link: https://www.econbiz.de/10009430886
The vast majority of psychology, sociology, and other social-science literature describing human behavior and performance does not reach the eyes of those of us working in the modeling and simulation community. Our recent work has been concerned with the extraction and implementation of Human...
Persistent link: https://www.econbiz.de/10009438993
The accurate fitting of a circle to noisy measurements of points on its circumference is an important and much-studied problem in statistics. Atherton & Kerbyson (Image and Vision Computing 17, 1999, 795-803) have proposed a complex convolutional circle parameter estimator. One of the estimators...
Persistent link: https://www.econbiz.de/10009448050
terms of flight characteristics, fuel burn, noise, and emissions. These coefficients are then utilized to model flight …
Persistent link: https://www.econbiz.de/10009475757
This paper examines pricing in the market for depositary receipts, securities designed to track the performance of a stock index that trade like shares of stock. Arbitrage costs are low because these assets have low fundamental risk, low transactions costs, and high dividend yields. We find that...
Persistent link: https://www.econbiz.de/10009459103
pattern to change over time without the filtering process injecting a spurious pattern of noise into the filtered series. We … embedded in the return series. The variance is decomposed into the information arrival component and the noise factor component …. This decomposition methodology differs from previous studies in that both the informational variance and the noise variance …
Persistent link: https://www.econbiz.de/10009460480
incorporates multi-disciplinary modules for modellinggas turbine and aircraft performance, estimation of engine weight, noise and …
Persistent link: https://www.econbiz.de/10009463009