Showing 1 - 10 of 13,404
Up to now, there has been little research on the impact of e-recruitment on the recruitment process as a whole. The … present study fills part of this gap by investigating the effect of e-recruitment on the design of the recruitment process … that e-recruitment transforms the traditional recruitment process into a time- and space-independent, collaborative hiring …
Persistent link: https://www.econbiz.de/10010332796
Decision making in the WTO has become ever more difficult as the number of members increases and the range of issues … tackled broadens. This paper looks at reasons why aspects of decision-making might be changed and discusses a number of … trading system. It then takes a detailed look at the notion of critical mass decision-making. It argues for this approach …
Persistent link: https://www.econbiz.de/10010326781
We develop an evolutionary algorithm to estimate Threshold Vector Error Correction models (TVECM) with more than two cointegrated variables. Since disregarding a threshold in cointegration models renders standard approaches to the estimation of the cointegration vectors inefficient, TVECM...
Persistent link: https://www.econbiz.de/10010271414
In this paper we try to put together both the dynamics of the endogenous evolution of an industry and the corresponding dynamics on the capital market. The first module of our modelling efforts is the endogenous evolution of the industry based on the micro-behaviour of boundedly rational agents....
Persistent link: https://www.econbiz.de/10010263021
The literature on electoral cycles has developed in two distinct phases. The first one considered the existence of non-rational (naive) voters whereas the second one considered fully rational voters. In our perspective, an intermediate approach is more interesting, i.e. one that considers...
Persistent link: https://www.econbiz.de/10010295273
In this paper we apply statistical inference techniques to build neural network models which are able to explain the prices of call options written on the German stock index DAX. By testing for the explanatory power of several input variables serving as network inputs, some insight into the...
Persistent link: https://www.econbiz.de/10010299651
In this article we examine how model selection in neural networks can be guided by statistical procedures such as hypotheses tests, information criteria and cross validation. The application of these methods in neural network models is discussed, paying attention especially to the identification...
Persistent link: https://www.econbiz.de/10010299652
Many economic and econometric applications require the integration of functions lacking a closed form antiderivative, which is therefore a task that can only be solved by numerical methods. We propose a new family of probability densities that can be used as substitutes and have the property of...
Persistent link: https://www.econbiz.de/10010301753
optimizer. The mathematical motivation for such hybrid networks is presented, using the Kolmogorov theory of metric entropy. As … options written on the S&P 500 stock index. While option pricing theory typically requires a highly complex statistical model …
Persistent link: https://www.econbiz.de/10010301758
The integration of fuzzy logic systems and neural networks in data driven nonlinear modeling applications has generally been limited to functions based upon the multiplicative fuzzy implication rule for theoretical and computational reasons. We derive a universal approximation result for the...
Persistent link: https://www.econbiz.de/10010301773