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<p>In the theory of economics most models describing economic growth make use of differential equations. The examples are Solow's and Haavelmo's models. However, when they are used by econometricians many questions arise. Firstly, economic data are presented in discrete form, which implies the use...</p>
Persistent link: https://www.econbiz.de/10010534132
The main objectives of Task Order 4136 are (1) the design of improved freeway on-ramp metering strategies that make use of recent developments in traffic data collection, traffic simulation, and control theory, and (2) the testing of these methods on a 14-mile segment of Interstate 210 Westbound...
Persistent link: https://www.econbiz.de/10010537156
Many urban regions in the U.S. are planning to build extensive networks of new high-occupancy 3ehicle (HOV) freeway lanes. Past modelling efforts are reviewed and travel demand simulations by the authors are used to demonstrate that new HOV lanes may increase travel (vehicle-miles) and increase...
Persistent link: https://www.econbiz.de/10010537558
In the study of large, complex computer simulation models the user is often overwhelmed by the vast number of input variables. Moreover, he or she is usually confused about how to make an effective analysis of the model without performing an excessive number of runs, which tend to be costly and...
Persistent link: https://www.econbiz.de/10009209091
Biproportional apportionment methods provide two-way proportionality in electoral systems where the electoral region is subdivided into electoral districts. The problem is to assign integral values to the elements of a matrix that are proportional to a given input matrix, and such that a set of...
Persistent link: https://www.econbiz.de/10009214718
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While the popular image of scientists portrays them as objective, dispassionate observers of nature, actual scientists rarely are. It is not really known to what extent these individual departures from the scientific ideal effects the reliability of the scientific community. This paper suggests...
Persistent link: https://www.econbiz.de/10009358527
This paper proposes an economic computational agent-based framework, referred to here as FarmSIM, to model the micro-level economic and financial behaviour of farmers. We model macro-level external environmental impacts of costs, prices and rainfall through a set of flexible power functions. The...
Persistent link: https://www.econbiz.de/10009364291
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