Showing 1 - 10 of 28
Persistent link: https://www.econbiz.de/10012119015
In this paper we consider regression models with forecast feedback. Agents' expectations are formed via the recursive estimation of the parameters in an auxiliary model. The learning scheme employed by the agents belongs to the class of stochastic approximation algorithms whose gain sequence is...
Persistent link: https://www.econbiz.de/10010325749
Strong consistency of least squares estimators of the slope parameter in simple linear regression models is established …
Persistent link: https://www.econbiz.de/10010326230
Persistent link: https://www.econbiz.de/10012603771
Persistent link: https://www.econbiz.de/10012622380
Persistent link: https://www.econbiz.de/10013364906
Persistent link: https://www.econbiz.de/10013374983
Persistent link: https://www.econbiz.de/10013442028
This paper provides a general framework for the quantitative analysis of stochastic dynamic models. We review the convergence properties of some numerical algorithms and available methods to bound approximation errors. We then address the convergence and accuracy properties of the simulated...
Persistent link: https://www.econbiz.de/10014025713
In this paper, we present the problem of assigning consistent time windows for the collection of multiple fresh products from local farmers and delivering them to distribution centers for consolidation and further distribution in a short agri-food supply chain with stochastic demand. We...
Persistent link: https://www.econbiz.de/10014025779