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A logarithmic residue is a contour integral of the (left or right) logarithmic derivative of an analytic Banach algebra valued function. Logarithmic residues are intimately related to sums of idempotents. The present paper is concerned with logarithmic residues and sums of idempotents in the...
Persistent link: https://www.econbiz.de/10004972247
Realized variance, being the summation of squared intra-day returns, has quickly gained popularity as a measure of daily volatility. Following Parkinson (1980) we replace each squared intra-day return by the high-low range for that period to create a novel and more efficient estimator called the...
Persistent link: https://www.econbiz.de/10004972248
Trends and cyclical components in economic time series are modeled in a Bayesian framework. This enables prior notions about the duration of cycles to be used, while the generalized class of stochastic cycles employed allows the possibility of relatively smooth cycles being extracted. The...
Persistent link: https://www.econbiz.de/10004972249
A logarithmic residue is a contour integral of a logarithmic derivative (left or right) of an analytic Banach algebra valued function. For functions possessing a meromorphic inverse with simple poles only, the logarithmic residues are identified as the sums of idempotents. With the help of this...
Persistent link: https://www.econbiz.de/10004972250
This report presents a comprehensive review of the maritime safety regimes and provides recommendations on how to improve the system. The results show a complex legal framework which generates a high amount of inspections and overlapping of inspection areas where no cross-recognition is...
Persistent link: https://www.econbiz.de/10004972251
Consumer preferences can be measured by rankings of alternatives. When there are too many alternatives, this consumer task becomes complex. One option is to have consumers rank only a subset of the available alternatives. This has an impact on subsequent statistical analysis, as now a large...
Persistent link: https://www.econbiz.de/10004972252
The literature on stochastic models for inventory control with product returns commonly makes the following simplifying assumptions: demand and returns are each a homogeneous (compound) Poisson process, and the processes are independent of each other. In this paper we explore the validity of...
Persistent link: https://www.econbiz.de/10004972253
The profitability of remanufacturing depends on the quantity and quality of product returns and on the demand for remanufactured products. The quantity and quality of product returns can be influenced by varying quality dependent acquisition prices, i.e., by using product acquisition management....
Persistent link: https://www.econbiz.de/10004972254
One of the many areas in which Correspondence Analysis (CA) is an effective method, concerns ordination problems. For example, CA is a well-known technique for the seriation of archaeological assemblages. A problem with the CA seriation solution, however, is that only a relative ordering of the...
Persistent link: https://www.econbiz.de/10004972255
There are over 20 'components' in an international door-to-door transportation, ranging from warehousing and distribution, to forwarding, documentation, transportation, customs clearance, etc.. As tariffs in ocean transportation tend to converge due to competition and service homogenization,...
Persistent link: https://www.econbiz.de/10004972256