Business economics does not provide any methodology for appraising strategic investments, relying on informal approaches. Conversely, financial economics offers us plenty of sophisticated mathematical models unsuitable for applications and based on unrealistic assumptions. This paper presents an...

Acyclic digraphs arise in many natural and artificial processes. Among the broader set, dynamic citation networks represent a substantively important form of acyclic digraphs. For example, the study of such networks includes the spread of ideas through academic citations, the spread of...

There are fundamental differences between citation networks and other classes of graphs. In particular, given that citation networks are directed and acyclic, methods developed primarily for use with undirected social network data may face obstacles. This is particularly true for the dynamic...

Simple games are a powerful tool to analyze decision-making and coalition formation in social and political life. In this paper, we present relation-algebraic models of simple games and develop relational algorithms for solving some basic problems of them. In particular, we test certain...

This note discusses a framework for handling objects of a given object oriented library through spreadsheet functions. We first describe the simple and natural representation of object references through strings (object handles). A small set of spreadsheet functions then allows object...

Formal methods use computers to verify proofs or even discover new theorems. Interest in applying formal methods to problems in economics has increased in the past decade, but - to date - none of this work has been published in economics journals. This paper applies formal methods to a familiar...

The investment industry lacks an unified framework for handling derivative instruments in general portfolio management. With the increased use of derivatives, there is a need for a framework that aligns fundamental terminology and concepts. The main challenges with the current practices are...

This articles presents a new series of maps showing the climate and environmental variability of Botswana. Situated in southern Africa, Botswana has an arid to semi-arid climate, which significantly varies in its different regions: Kalahari Desert, Makgadikgadi Pan and Okavango Delta. While...

A divide-and-conquer algorithm for exploiting policy function monotonicity is proposed and analyzed. To compute a discrete problem with n states and n choices, the algorithm requires at most 5n log2(n)n function evaluations and so is O(n log2 n). In contrast, existing methods for non-concave...

This paper discusses issues related to GPU for Economic problems. It highlights new methodologies and resources that are available for solving and estimating economic models and emphasizes situations when they are useful and others where they are impractical. Two examples illustrate the...