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In the present paper we introduce and study a generalization of the Hukuhara differ- ence and also generalizations of the Hukuhara differentiability to the case of interval valued functions. We consider several possible definitions for the derivative of an interval valued function and we study...
Persistent link: https://www.econbiz.de/10005178202
The Mean Value Theorem is a great theory and guide for any body who deals with the rate of change. This paper aims to add something to the theory. Even a small addition is better than none, only time will tell the significance of the addition.
Persistent link: https://www.econbiz.de/10005035012
Let {Xn: n=1} be a sequence of independent and identically distributed random variables with a common distribution function F. Let Sk= X1+...+Xk, k=1, denote the partial sums associated to {Xn: n=1}. In this paper, we study the number and times of the maximal and minimal excursion endpoints of...
Persistent link: https://www.econbiz.de/10005640980
The purpose of this paper is to present traditional and more recent procedures for estimation and testing of systems that contain non-stationary variables. The aim throughout is not to prove asymptotic results, but rather to weigh the pros and cons of using each method according to the...
Persistent link: https://www.econbiz.de/10005641056
This paper develops an extension of the Riemann sum techniques of Philippe (1997b) in the setup of MCMCC algorithms. It shows that the technique applies equally well to the output of these algorithms, with similar speeds of convergence which improve upon the regular estimator. The restriction on...
Persistent link: https://www.econbiz.de/10005641121
We propose a perfect sampler for mixtures of distributions, in the spirit of Mira and Roberts (1999), building on Hobert, Robert and Titterington (199). The moethod relies on a marginalisation akin to Rao-Blackwellisation which illustrates the Duality Principle of Diebolt and Robert (1994) and...
Persistent link: https://www.econbiz.de/10005641134
I will sketch the history of the so-called turnpike theorems and describe some interesting recent developments regarding them. I will also discuss the attempt to apply the ideas of turnpike theorems in the literature of optimal capital accumulation to the theory of competitive equilibrium over...
Persistent link: https://www.econbiz.de/10005698152
One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10008568622
One of the most pressing problems in the Latvian economy is related to the energy sector. The most characteristic feature is coupled with the low efficiency of thermal energy consumption of households as a result of poor insulation of existing buildings in Latvia. Solving energy sector problems...
Persistent link: https://www.econbiz.de/10008645071
This paper uses both conditional and unconditional Data Envelopment Analysis (DEA) models in order to determine different environmental efficiency levels for a sample of 110 countries in 2007. In order to capture the effect of countries compliance with the Kyoto Protocol Agreement (KPA), we...
Persistent link: https://www.econbiz.de/10009004035