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Konstruktion eines Wetterderivats als Option auf einen Niederschlagsindex. Mittels stochastischer Simulation wird sodann dessen …. Stochastic simulation is then used to assess the effects on the probability distribution of revenues. The results show that …
Persistent link: https://www.econbiz.de/10015079358
Die Diskussion der Vorschläge zur weiteren Reform des globalen Agrarhandels hat zurzeit Hochkonjunktur. Im vorliegenden Beitrag werden die Effekte des Harbinson-Papiers in seiner revidierten Fassung vom März 2003 mit Hilfe eines umfangreich erweiterten GTAP-Modells analysiert. Mit Hilfe eines...
Persistent link: https://www.econbiz.de/10015079391
this paper, we develop a methodological mix of stochastic simulation and a heuristic optimization procedure which has … become known as genetic algorithms. The simulation-part of the mix allows for the consideration of complex information such …
Persistent link: https://www.econbiz.de/10015079511
This paper presents an attempt to model the response of selected farms to decoupled direct payments and the associated impact on the provision of a defined set of non-commodity outputs (NCO's) using a combined modelling approach consisting of the AgriPoliS and MODAM models. AgriPoliS focuses on...
Persistent link: https://www.econbiz.de/10015079655
This paper examines the possible effects on Switzerland of asset preference shifts in favor of Swiss-franc-denominated assets that could result from EMU. Alternative policy responses to temporary and persistent asset preference shifts and the consequent pressures for exchange rate appreciation...
Persistent link: https://www.econbiz.de/10014401212
Persistent link: https://www.econbiz.de/10011625806
The research objective of the present study is the development of a model for increased accuracy of steel-price forecasts, which is of paramount importance for firms who use steel as an input and thus need to make informed decisions with regard to an optimal amount and type of hedge against...
Persistent link: https://www.econbiz.de/10014500535
This paper provides a quantitative exploration of international spillovers of macroeconomic shocks among the major industrial economies. The particular topical example analyzed here concerns the possible effects on the industrial economies of adverse shocks to the current U.S. economic...
Persistent link: https://www.econbiz.de/10014399922
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