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In the current economy, the cost of damage to the environment is often external, which is likely to lead to over-exploitation and inadequate provisioning. There are a variety of incentive-based schemes, such as effluent taxes or tradable permits, which attempt to confront the polluting agents...
Persistent link: https://www.econbiz.de/10009457484
Business relations and networks play a central role in the way business and economic systems are organised and function …, Louise Young provides an introduction to business systems and networks, and provides explanation for why agent …-based modelling and simulation will greatly assist the research into these systems. Areas covered include the dynamics and evolution …
Persistent link: https://www.econbiz.de/10009480015
agent-based modeling, will help key decision-makers anticipate the global dynamics of modern consumers, firms and markets … from observing social aggregates). The talk illustrates how agent-based modeling helps us bridge the divide between … introduction to complexity, the types of complexity, and how agent-based modelling can be used to understand complex systems. …
Persistent link: https://www.econbiz.de/10009480121
approaches in the field of computational and systems biology, and provide students a framework from which to evaluate new … developments. The MIT Initiative in Computational and Systems Biology (CSBi) is a campus-wide research and education program that … links biology, engineering, and computer science in a multidisciplinary approach to the systematic analysis and modeling of …
Persistent link: https://www.econbiz.de/10009432650
Retail productivity measurement has commonly used ratios of outputs, such as sales, and input factors like capital and labour to measure different facets of productivity. However, these store-specific ratios are also likely to be influenced by other context-specific factors affecting the...
Persistent link: https://www.econbiz.de/10009441648
Teaching probability can be challenging because the mathematical formulas often are too abstract and complex for the students to fully grasp the underlying meaning and effect of the concepts. Games can provide a way to address this issue. For example, the game of roulette can be an exciting...
Persistent link: https://www.econbiz.de/10009441718
(PV) systems is introduced, which establishes a direct relationship between the inputs to the system, temperatureand … optimizing inverter e ciency to improve the performance of residential PV systems. A parallel two-inverter con guration is … option in the future asenergy prices continue to rise and more nancial incentives for solar systems are introduced. …
Persistent link: https://www.econbiz.de/10009477794
We consider a yield-management approach to determine whether a restaurant should accept or reject a pending reservation request. This approach was examined by Bossert (2009), where the decision for each request is evaluated by an approximate dynamic program (ADP) that bases its decision on a...
Persistent link: https://www.econbiz.de/10009479967
response at a small, private university located within New England. The analysis utilized predictive modeling and data … donations, and which individuals will give consecutive gifts over several years. Statistical modeling builds on current research …
Persistent link: https://www.econbiz.de/10009450203
has been limited because an accurate and broadly applicable method of predicting the modeling parameters, etaA, etaB, chi … and d2p does not exist. Empirical models have been developed to predict the TEIS and Two-Zone modeling parameters based on … of the two TEIS modeling parameters, etaA and etaB. One model for pumps, another for compressors, and a combined model …
Persistent link: https://www.econbiz.de/10009456724