Narrow search
Showing 1 - 10 of 13,400
Cover Image
The Markov-switching multi-fractal model of asset returns: GMM estimation and linear forecasting of volatility
Lux, Thomas - 2004
Bayesian forecasting of volatility. However, applicability of MLE is restricted to cases with a discrete distribution of … volatility components. From a practical point of view, ML also becomes computationally unfeasible for large numbers of components … forecasts which in principle is applicable for any continuous distribution with any number of volatility components. Monte Carlo …
Persistent link: https://www.econbiz.de/10010295106
Cover Image
The Markov-Switching Multifractal Model of asset returns: GMM estimation and linear forecasting of volatility
Lux, Thomas - 2006
forecasting of volatility. However, applicability of MLE is restricted to cases with a discrete distribution of volatility … which in principle is applicable for any continuous distribution with any number of volatility components. Monte Carlo … linear compared to optimal forecasts is small. Extending the number of volatility components beyond what is feasible with MLE …
Persistent link: https://www.econbiz.de/10010295151
Cover Image
Inventories, employment and hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002
The purpose of this paper is to develop a model that integrates inventory and labor decisions We extend a model of inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs associated with it In particular we distinguish between...
Persistent link: https://www.econbiz.de/10010293442
Cover Image
Inventories, employment and hours
Galeotti, Marzio; Maccini, Louis J.; Schiantarelli, Fabio - 2002
The purpose of this paper is to develop a model that integrates inventory and labor decisions. We extend a model of inventory behavior to include a detailed specification of the role of labor input in the production process and of the costs associated with it. In particular, we distinguish...
Persistent link: https://www.econbiz.de/10011335689
Cover Image
Satisficing in sales competition: experimental evidence
Berninghaus, Siegfried; Güth, Werner; Levati, M. Vittoria - 2009
In a duopoly market, aspiration levels express how much sellers want to earn given their expectations about the other …
Persistent link: https://www.econbiz.de/10010294797
Cover Image
Export production, hedging exchange rate risk: the duopoly case
Broll, Udo; Wahl, Jack E.; Wessel, Christoph - 2008
This paper studies a Cournot duopoly in international trade so that the firms are exposed to exchange rate risk. A …
Persistent link: https://www.econbiz.de/10010300615
Cover Image
On the role of consumer expectations in markets with network effects
Suleymanova, Irina; Wey, Christian - 2010
competition, ii) increases (decreases) the parameter region with a unique duopoly equilibrium (multiple equilibria), iii) reduces …
Persistent link: https://www.econbiz.de/10010303797
Cover Image
Environmental regulation and technology transfers
Asano, Takao; Matsushima, Noriaki - 2012
framework of an international duopoly with environmental regulations, this paper shows that an environmental tax imposed by the …
Persistent link: https://www.econbiz.de/10010332390
Cover Image
Environmental Quality in a Differentiated Duopoly
Farzin, Y. Hossein; Akao, Ken-Ichi - 2006
In a duopoly industry with environmentally differentiated products, we examine the effects of introducing a mandatory …
Persistent link: https://www.econbiz.de/10010333078
Cover Image
Environmental liability and technology choice: A duopolistic analysis
Mondello, Gérard; Tidball, Mabel - 2000
This paper focuses both on the competition process and the firms liability in environmental protection and the demonstration is made by comparing two models of safety investment. The rst one shows sensitive players to their environmental liability: they seek to minimize the technologies accident...
Persistent link: https://www.econbiz.de/10011608595