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, economists avoid - even positively abhor - reliance on simulation. We disagree with the mildly qualified affirmative answer given …
Persistent link: https://www.econbiz.de/10009024789
properties of the procedure and evaluates its practical performance by means of a Monte Carlo simulation study. Finally, it …
Persistent link: https://www.econbiz.de/10010773866
Computation and Simulation have always played a role in economics – whether it be pure economic theory or any variant …
Persistent link: https://www.econbiz.de/10010584026
In this paper, the authors develop a new estimation method that is suitable for censored models with two high-dimensional fixed effects and that is based on a sequence of least squares regressions, yielding significant savings in computing time and hence making it applicable to frameworks in...
Persistent link: https://www.econbiz.de/10010983179
Optimization algorithms must be among the most common numerical methods used by economists. Yet, there is surprisingly little guidance on choosing the appropriate one. This problem is most notable with regard to conventional versus global optimizers. Typically, a global optimizer is used when a...
Persistent link: https://www.econbiz.de/10005134567
einer "flächendeckenden" Auswertung mit einer Simulation generiert werden, da das unvermeidliche Rauschen in den …
Persistent link: https://www.econbiz.de/10005081101
Зависимость логистики от минерального топлива является устойчивой тенденцией развития регионов, однако при составлении стратегических планов необходимо...
Persistent link: https://www.econbiz.de/10011230503
This is an example of simulation optimization by genetic search. We compare a new technique, genetic search, to two old … techniques the pattern search and the response surface method search. The pattern search uses the Hooke–Jeeves algorithm and the … accuracy and stability. In accuracy we look at how close the algorithm comes to the optimum. The optimum having been previously …
Persistent link: https://www.econbiz.de/10010870305
as well as a system for Rice Stem Borers (RSB) simulation. The system works in two parts: The first part addresses the …
Persistent link: https://www.econbiz.de/10011113009
-based Simulation System for Enterprise Resources Planning named KBSimERP. The KBSimERP provides an integrated learning environment for …
Persistent link: https://www.econbiz.de/10005050812