Narrow search
Showing 1 - 10 of 12,427
Cover Image
Entscheidung als notwendige Fiktion: Über eine fundamentale ökonomische Narration
Priddat, Birger P. - 2015
Fiktion notwendig ist, aber eine Fiktion bleibt. Aber was heisst es für die (ökonomische) Theorie der Zukunftsentscheidungen …
Persistent link: https://www.econbiz.de/10011381300
Cover Image
Agonism, decision, power: The art of working unfinished
Pløger, John - In: Raumforschung und Raumordnung / Spatial Research and … 81 (2023) 5, pp. 449-460
with a finite decision. This paper suggests that this agonistic approach needs de-cisions or simply put, temporary … decisions drawn from seeing a decision as a solution for now. A de-cision is not a no-decision, but a decision recognised as … planning process from being a matter of reaching a finite decision to a strife about how to understand the present and which …
Persistent link: https://www.econbiz.de/10014442545
Cover Image
Casting the naturalization of asylum seekers as an economic problem
Stark, Oded - 2010
Die Einbürgerung von Asylbewerbern wird als ökonomische Problemstellung modelliert. In ihre Entscheidung wie viel sie …
Persistent link: https://www.econbiz.de/10010271618
Cover Image
Non-Bayesian testing of a stochastic prediction
Dekel, Eddie; Feinberg, Yossi - 2005
We propose a method to test a prediction of the distribution of a stochastic process. In a non-Bayesian non-parametric setting, a predicted distribution is tested using a realization of the stochastic process. A test associates a set of realizations for each predicted distribution, on which the...
Persistent link: https://www.econbiz.de/10010272320
Cover Image
Gauging risk with higher moments: Handrails in measuring and optimising conditional value at risk
Bugár, Gyöngyi; Maurer, Raimond H.; Vo, Huy Thanh - 2009
The aim of the paper is to study empirically the influence of higher moments of the return distribution on conditional value at risk (CVaR). To be more exact, we attempt to reveal the extent to which the risk given by CVaR can be estimated when relying on the mean, standard deviation, skewness...
Persistent link: https://www.econbiz.de/10010275840
Cover Image
Does Benford's law hold in economic research and forecasting?
Günnel, Stefan; Tödter, Karl-Heinz - 2007
First and higher order digits in data sets of natural and socio-economic processes often follow a distribution called Benford's law. This phenomenon has been used in many business and scientific applications, especially in fraud detection for financial data. In this paper, we analyse whether...
Persistent link: https://www.econbiz.de/10010295869
Cover Image
The cost for the default of a loan : Linking theory and practice
Sibbertsen, Philipp; Weißbach, Rafael - 2004
When calculating the cost of entering into a credit transaction the predominant stochastic component is the expected loss. Often in the credit business the one-year probability of default of the liable counterpart is the only reliable parameter. We use this probability to calculating the exact...
Persistent link: https://www.econbiz.de/10010296616
Cover Image
Implicit Microfoundations for Macroeconomics
Wright, Ian - 2008
A large market economy has a huge number of degrees of freedom with weak microlevel coordination. The 'implicit microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to the precise details of individual choice...
Persistent link: https://www.econbiz.de/10010298577
Cover Image
Implicit Microfoundations for Macroeconomics
Wright, Ian - In: Economics: The Open-Access, Open-Assessment E-Journal 3 (2009) 2009-19, pp. 1-27
A large market economy has a huge number of degrees of freedom with weak microlevel coordination. The 'implicit microfoundations' approach considers this property of micro-level interactions to more strongly determine macro-level outcomes compared to the precise details of individual choice...
Persistent link: https://www.econbiz.de/10010298637