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Econometric analysis of games with multiple equilibria
Paula, Áureo de - 2012 - This version: September, 2012
. Multiplicity does not necessarily preclude the estimation of a particular model (and in certain cases even improves its … identification), but ignoring it can lead to misspecifications. The survey starts with a general characterization of structural … models that highlights how multiplicity affects the classical paradigm. Because the information structure is an important …
Persistent link: https://www.econbiz.de/10009627470
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Critical Improvements in Oil Market Modeling
Gucwa, Michael - 2013
The complexity of the world oil market has increased dramatically in recent years and new approaches are needed to understand, model, and forecast oil prices today. Many models have been explored and most of the papers and modeling projects referenced in this paper identify their own...
Persistent link: https://www.econbiz.de/10013081058
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From Boom to Bust and Back Again : A Dynamic Analysis of IT Services
Maican, Florin - 2014
Aggregate shocks in demand such as the burst of the 2001 dot-com bubble affect firms' behavior and, therefore, the market structure. This paper proposes a fully dynamic oligopoly model to evaluate the impact of aggregate demand shocks on entry and exit costs as well as on investment and labor...
Persistent link: https://www.econbiz.de/10013065834
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Development of Predictive Maintenance Model for N-Component Repairable System Using NHPP Models and System Availability Concept
Srivastava, Nishit - 2016
The technologically intensive nature of the predictive maintenance (PdM) method restricts its use to companies with higher turnover. This research is aimed to propose a PdM model for an N-component repairable system by integrating non-homogeneous Poisson process (NHPP) models and a system...
Persistent link: https://www.econbiz.de/10012987116
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Development of Framework for Predictive Maintenance in Indian Manufacturing Sector
Srivastava, Nishit - 2016
Every machine degrades with time and requires maintenance. Among all types of maintenance policies, predictive maintenance is established as the best form of maintenance policy as numerous benefits are associated with it. Despite all the benefits, it finds restrictive usage in manufacturing...
Persistent link: https://www.econbiz.de/10012987119
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Predictive Maintenance Using Modified FMECA Method
Srivastava, Nishit - 2016
This paper proposes a predictive maintenance policy using modified failure mode effect and criticality analysis (Mod-FMECA) technique. FMECA is used to identify failure modes, reasons, effects and criticality of the system (machine/plant) but in Mod-FMECA in addition to the analysis carried for...
Persistent link: https://www.econbiz.de/10012987127
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Iranian Crude Oil Marketing & Sale After The Islamic Republic
Vakhshouri, Sara - 2011
The marketing and sales polices of Iranian crude oil have been revised and changed after the Islamic Revolution of 1979. Production policy that drastically cut back production in order to maintain oil reserves for future generations. In terms of marketing Iranian crude oil, the new revolutionary...
Persistent link: https://www.econbiz.de/10014180026
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Predictive Maintenance Using FMECA Method and NHPP Models
Srivastava, Nishit; Mondal, Sandeep - 2016
Most of predictive maintenance technologies are inaccessible to small scale and medium scale industries due to their demanding cost. This paper proposes a predictive maintenance policy using failure mode effect and criticality analysis (FMECA) and non-homogeneous Poisson process (NHPP) models...
Persistent link: https://www.econbiz.de/10014034899
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Chapter 63 Econometric Tools for Analyzing Market Outcomes
Ackerberg, Daniel; Lanier Benkard, C.; Berry, Steven; … - In: Handbook of econometrics : volume 6A, (pp. 4171-4276). 2007
This paper outlines recently developed techniques for estimating the primitives needed to empirically analyze equilibrium interactions and their implications in oligopolistic markets. It is divided into an introduction and three sections; a section on estimating demand functions, a section on...
Persistent link: https://www.econbiz.de/10014024952
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Linear social interactions models
Blume, Lawrence E.; Brock, William A.; Durlauf, Steven N.; … - 2013
This paper provides a systematic analysis of identification in linear social interactions models. This is both a … of those models. We consider identification of both endogenous (peer) and contextual social effects under alternative … individual-level and aggregated data. Finally, we discuss potential ramifications for identification of endogenous group …
Persistent link: https://www.econbiz.de/10009764852