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Based on policy makers' limitations in solving real-life problems and thefact that information is rarely available in a pure quantitative form, enhancements and new approaches to remedy this are proposed by Mark Hürlimann. He introduces simple and more sophisticated static and dynamic methods...
Persistent link: https://www.econbiz.de/10014275034
the theory, methodology, and application of computer simulation. Renowned researcher, teacher, mentor, and author, Fishman … has made fundamental contributions to both the theory and practice of simulation, the dissemination of knowledge, service …This Festschrift honors George Samuel Fishman, one of the founders of the field of computer simulation and a leader in …
Persistent link: https://www.econbiz.de/10014275077
This book presents a macroeconomic dynamic model à la Solow-Swan, including the market for labor, in a discrete time structure. The model is expanded to include expenditure on RD and public expenditure on infrastructure. For each of the three models the results are shown in time series figures,...
Persistent link: https://www.econbiz.de/10013520898
In recent years, agent-based simulation has become a widely accepted tool when dealing with complexity in economics and …
Persistent link: https://www.econbiz.de/10013521004
The increasing complexity of our environment, the globalization of diverse business processes and their intercultural embedment create challenges, higher risks and hence interdependency between a growing number of participants. This is undoubtedly reflected in the current financial crisis and...
Persistent link: https://www.econbiz.de/10013521167
simulation. …
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