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Network analysis studies the development of the social structure of relationships around a group or an institutional body, and how it affects beliefs and behaviours. Causal constraints require a special and deeper attention to the social structure. The purpose of this paper is to give a new...
Persistent link: https://www.econbiz.de/10010591453
Costs necessary to conform with rules and regulations governing market access (i.e. compliance costs) are uncertain prior to export or collection of information which is not cost free for an individual firm. In this paper, we extend the heterogeneous firm model of Melitz to analyze how an...
Persistent link: https://www.econbiz.de/10010594160
A company allocates a resource between safety effort and production. The government earns taxes on production. The disaster probability is modeled as a contest between the disaster magnitude and the two players’ safety efforts. The model illustrates that safety efforts are strategic...
Persistent link: https://www.econbiz.de/10010594988
In this study, the authors intends to approach the concept of quality management at credit institutions as consisting of placing the client in the centre of the units activity and the suborordination of all activities to the imperative to fully satisfy him. These are also presented the...
Persistent link: https://www.econbiz.de/10010596228
The analysis of risk takes into account the identification of the risk sources, the measurement of risk by using appropriate methods, and several adjustment procedures destined to eliminate risk.
Persistent link: https://www.econbiz.de/10010596277
The author proposes the concept of econo-dynamics, considered as a research sector of the economic science, oriented towards the study of principles, laws and impact factors, effects and trends in the evolution and growth of micro and macroeconomic activities.
Persistent link: https://www.econbiz.de/10010598320
The aim of this paper is to simulate profit expectations as an emergent property using an agent based model. The paper … interactive profit expectations model (AIE). Understanding the diffusion of interactive expectations is aided by using a network … to simulate the flow of information between firms. The AIE model is tested against a profit expectations survey. The …
Persistent link: https://www.econbiz.de/10010601616
We believe that in any situation where the contribution to the effort is uneven, the higher contribution is given by the ratio of those who participate in the contribution. Most of the times, in most human actions, the contribution of those who bring their contribution to the achievement of a...
Persistent link: https://www.econbiz.de/10010660794
company has one goal, to maximize profit. The process of maximizing profit is simple. Analyze demand of consumers, and provide …
Persistent link: https://www.econbiz.de/10010631913
This paper takes the explanatory superiority of the integrated monetary approach for granted. It will be demonstrated that the accounting approach could do even better, provided it frees itself from theoretically ill-founded notions like GDP and other artifacts of the equilibrium approach....
Persistent link: https://www.econbiz.de/10010570905