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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

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

Heuristic Concentration and Tabu Search: A Nose to Nose Comparison

Rosing, K.E.; ReVelle, C.S. - 1997

In 1997 two papers_new applying the metaheuristics Tabu Search (TS) and Heuristic Concentration (HC) tothe p-median problem were published in consecutive volumes of the European Journal of OperationalResearch. Here we apply the method of HC some of the data sets which were used for...

Persistent link: https://www.econbiz.de/10010324381

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

Constructing fair sports leagues schedules

Briskorn, Dirk; Knust, Sigrid - 2008

A single round robin tournament (SRRT) consists of n teams and a set of periods. Matches between the teams have to be scheduled such that each team plays against each other team exactly once and each team plays at most once per period. In order to establish fairness among teams we consider a...

Persistent link: https://www.econbiz.de/10011558707

A new class of valid inequalities for the round robin tournament problem

Horbach, Andrei - 2008

We introduce a new class of valid inequalities for the maximum round robin tournament (MRRT) problem. They strengthen the linear relaxation and improve the upper bound. We also answer negatively the question of Briskorn if the optimal objective value of the MRRT problem and that of its...

Persistent link: https://www.econbiz.de/10011558708

Robust scheduling on a single machine usinge time buffers

Briskorn, Dirk; Leung, Joseph; Pinedo, Michael - 2008

This paper studies the allocation of buffer times in a single machine environment. Buffer times are a common tool to protect the schedule against disruptions such as machine failures. We introduce new classes of robust machine scheduling problems. For an arbitrary scheduling problem 1

Persistent link: https://www.econbiz.de/10011558710

Inventory constrained scheduling on a single machine

Briskorn, Dirk; Choi, Byung-Cheon; Lee, Kangbok; Leung, … - 2008

This paper studies inventory constraints in a machine scheduling environment. Jobs can add and remove items of different types to the inventory and from the inventory, respectively. Jobs removing items cannot be processed if the required amount of items is not available. We first have a look at...

Persistent link: https://www.econbiz.de/10011558711

A branching scheme for minimum cost tournaments with regard to real world constraints

Briskorn, Dirk - 2009

Single round robin tournaments are a well known class of sports leagues schedules. We consider leagues with a set T of n teams where n is even. Costs are associated to each possible match. Moreover, stadium availability, fixed matches, and regions' capacities are taken into account. The goal is...

Persistent link: https://www.econbiz.de/10011558714