Showing 1 - 10 of 375
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
This dissertation contains applications of agent-based financial market models and nonlinear econometric methods in financial economics. The first part deals with the analysis of the effectiveness of currency transaction taxes within financial market models with traders with heterogeneous...
Persistent link: https://www.econbiz.de/10009429022
network connections among their multiple components. The interactions of the network components with respect to each other and … development of a methodology that, based on the concepts of asymptotic stability and accumulated deviations from equilibrium (ADE … tool for practitioners specializing in the stability analysis of systems with complex dynamics, especially those with …
Persistent link: https://www.econbiz.de/10009431072
RFID technology promises to revolutionize supply chains and usher in a new era of cost savings, efficiency and business intelligence. The use of low cost RFID devices in supply chain management systems has been increasing dramatically. While a lot of research has been carried out in trying to...
Persistent link: https://www.econbiz.de/10009484054
Using long-span data on the dollar-sterling and dollar-franc real exchange rates over the past two centuries, we apply the findings of various strands of the recent literature in order to examine the statistical and economic significance of the Harrod-Balassa-Samuelson effect (the effect of...
Persistent link: https://www.econbiz.de/10009440727
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
Within a macroeconomic disequilibrium model it turns out that stationary and simple adaptive policies are not capable of stabilizing efficient steady states and lead to periodic or irregular fluctuations for large sets of policy parameters. The application of recent control methods for chaotic...
Persistent link: https://www.econbiz.de/10009471677
Persistent link: https://www.econbiz.de/10010353275
The report presents briefly the theory, concepts and steps used to develop a generic value chain model for Australian … this report are arranged in 6 sections. The theory, modelling procedures, and application of the generic model are …
Persistent link: https://www.econbiz.de/10009434884
We present a model to investigate the competitive implications ofelectronic secondary markets that promote concurrent selling of new andused goods on a supply chain. In secondary markets where supplierscannot directly utilize used goods for practicing intertemporal pricediscrimination and where...
Persistent link: https://www.econbiz.de/10009435040