Showing 141 - 150 of 1,034
In this paper we examine two hypotheses concerning emigration. The first hypothesis is that emigration is positively correlated with wage differentials. The second hypothesis concerns a positive correlation between emigration and higher education in the sending country (the so-called brain gain...
Persistent link: https://www.econbiz.de/10009351527
Experts can rely on statistical model forecasts when creating their own forecasts.Usually it is not known what experts actually do. In this paper we focus on threequestions, which we try to answer given the availability of expert forecasts andmodel forecasts. First, is the expert forecast...
Persistent link: https://www.econbiz.de/10009351528
The median problem is a classical problem in Location Theory: one searches for a location that minimizes the average distance to the sites of the clients. This is for desired facilities as a distribution center for a set of warehouses. More recently, for obnoxious facilities, the antimedian was...
Persistent link: https://www.econbiz.de/10009351529
This paper deals with the analysis and evaluation of sales forecasts of managers, given that it is unknown how they constructed their forecasts. Our goal is to find out whether these forecasts are rational. To examine deviations from rationality, we argue that one has to approximate how the...
Persistent link: https://www.econbiz.de/10009369370
Delay management models determine which connections should be maintained in case of a delayed feeder train. Recently, delay management models are developed that take into account that passengers will adjust their routes when they miss a connection. However, for large-scale real-world instances,...
Persistent link: https://www.econbiz.de/10009369371
In this paper, we develop various calculus rules for general smooth matrix-valued functions and for the class of matrix convex (or concave) functions first introduced by Loewner and Kraus in 1930s. Then we use these calculus rules and the matrix convex function -log X to study a new notion of...
Persistent link: https://www.econbiz.de/10004969823
The lack of trust in the maritime industry between all the industry organizations and regulators has created an inspection industry which is heavily controlled by oil majors in order to limit their liability. This report is an introductory part of a PhD project called "The Econometrics of...
Persistent link: https://www.econbiz.de/10004969824
In this paper we consider a two-dimensional cutting stock problem encountered at a large manufacturer of window covering products. The problem occurs in the production process of made-to-measure roller blinds. We develop a solution method that takes into account the characteristics of the...
Persistent link: https://www.econbiz.de/10004969825
We study the performance of alternative sampling methods for estimating multivariate normal probabilities through the GHK simulator. The sampling methods are randomized versions of some quasi-Monte Carlo samples (Halton, Niederreiter, Niederreiter-Xing sequences and lattice points) and some...
Persistent link: https://www.econbiz.de/10004969826
In this paper we investigate how two online services (a portal and a digital library) may influence the adoption of an innovation. It is known from prior surveys that the installation services branch of the Dutch building industry has a relatively slow adoption rate for innovations. We examine...
Persistent link: https://www.econbiz.de/10004969827