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Sales force deployment by genetic concepts

Sprecher, Arno - 1999

Sales force management decisions belong to the major issues considered in marketing research. Among others, the alignment of sales territories has been one of the main field of work for years. Recent results have reported a strong impact of the alignment of sales territories on profit, and,...

Persistent link: https://www.econbiz.de/10011558753

Simulated annealing algorithm for the robust spanning tree problem

Nikulin, Yury - 2005

This paper addresses the robust spanning tree problem with interval data, i.e. the case of classical minimum spanning tree problem when edge weights are not fixed but take their values from some intervals associated with edges. The problem consists in finding a spanning tree that minimizes...

Persistent link: https://www.econbiz.de/10011558802

Solving the robust shortest path problem with interval data using a probabilistic metaheuristic approach

Nikulin, Yury - 2005

This paper addresses the robust shortest path problem with interval data, i.e. the case of classical shortest path problem with given source and sink when arc weights are not fixed but take their values from some intervals associated with arcs. The problem consists in finding a shortest path...

Persistent link: https://www.econbiz.de/10011558808

Competitive politics, simplified heuristics, and preferences for public goods

Schläpfer, Felix; Schmitt, Marcel; Roschewitz, Anna - 2007

This paper examines the role of simplified heuristics in the formation of preferences for public goods. Political … scientists have suggested that voters use simplified heuristics based on the positions of familiar parties to infer how a … relied on simplified heuristics. (5) Respondents who knew the party positions were more sensitive to the tax attribute. (6 …

Persistent link: https://www.econbiz.de/10010315585

Animal spirits and monetary policy

De Grauwe, Paul - 2008

We develop a behavioral macroeconomic model in which agents use simple but biased rules to forecast future output and inflation. This model generates endogenous waves of optimism and pessimism (Animal Spirits") that are generated by the correlation of biased beliefs. We contrast the dynamics of...

Persistent link: https://www.econbiz.de/10010272308

Top-down versus bottom-up macroeconomics

De Grauwe, Paul - 2010

I distinguish two types of macroeconomic models. The first type are top-down models in which some or all agents are capable of understanding the whole picture and use this superior information to determine their optimal plans. The second type are bottom-up models in which all agents experience...

Persistent link: https://www.econbiz.de/10010272346

Macroeconomic modeling when agents are imperfectly informed

De Grauwe, Paul - 2008

individuals use simple rules of thumb (heuristics) to forecast the future inflation and output gap. We compare this model with the …

Persistent link: https://www.econbiz.de/10010273776

Booms and busts: New Keynesian and behavioral explanations

De Grauwe, Paul - 2010

Capitalism is characterized by booms and busts. Periods of strong growth in output alternate with periods of declines in economic growth. Every macro-economic theory should attempt to explain these endemic business cycle movements. In this paper I present two paradigms that attempt to explain...

Persistent link: https://www.econbiz.de/10010274846

Identification of multivariate AR-models by threshold accepting

Winker, Peter - 1994

In econometric modelling the choice of relevant variables is of crucial importance for the Interpretation of the results. In many cases it is based on some a priori knowledge from economic theory and a rather heuristic procedure for determining other influential variables sometimes based on an...

Persistent link: https://www.econbiz.de/10010397888

The Relationship Between Risk Attitudes and Heuristics in Search Tasks: A Laboratory Experiment

Schunk, Daniel; Winter, Joachim - 2007

optimal conditional on utility functions departing from risk neutrality, or heuristics derived from limited cognitive … standard search task as well as a lottery task designed to elicit utility functions. We find that search heuristics are not …

Persistent link: https://www.econbiz.de/10010427494