Similar Search Results

The neural model of the European Union (EU-27) annual growth rates

Liana, Elefterie; Nicolae, Tudoroiu - In: Ovidius University Annals, Economic Sciences Series X (2010) 1, pp. 638-644

The EU statistics reveal over 19 million active enterprises within the EU-27’s nonfinancial business economy (defined as industry construction, distributive trades and services, and therefore excluding financial and public services) in 2004. About one third (32.5%) were active in the...

Persistent link: https://www.econbiz.de/10008854973

A General Decomposition Algorithm for Linear Optimization Problems

Heinemann, Hergen H. - Volkswirtschaftliche Fakultät, … - 1971

A Really GENERAL Decomposition Algorithm for Very Large Linear Optimization Problems Proven theory as Regards … with suitable functions for optimization and are optimized with the simplex method procedure. (3) The optimized solutions … (in English: A General Decomposition Algorithm for Linear Optimization Problems) ( To obtain a copy of this operations …

Persistent link: https://www.econbiz.de/10008855812

Constant Proportion Portfolio Insurance Effectiveness with Transaction Costs

Mkaouar, Farid; Prigent, Jean-Luc - Institut de Préparation à l'Administration et à la … - 2014

In this paper, we examine main properties of the Constant Proportion Portfolio Insurance (CPPI) strategy, when trading in continuous-time is not allowed. We focus instead on stochastic-time rebalancing. We prove that investor's tolerance determines crucially portfolio performance, in particular...

Persistent link: https://www.econbiz.de/10010891042

Viable Ramsey economies

Bonneuil, Noël; Boucekkine, Raouf - In: Canadian Journal of Economics 47 (2014) 2, pp. 422-441

The Ramsey model of economic growth is revisited from the perspective of viability theory. The Ramsey model, augmented with minimal consumption and sustainability criteria, becomes a viability problem. The framework allows for a clear picture of optimal viable, optimal nonviable, and viable...

Persistent link: https://www.econbiz.de/10010891621

A Type of HJM Based Affine Model: Theory and Empirical Evidence

Li, Haitao; Ye, Xiaoxia - 2013

In this paper a type of Heath, Jarrow and Morton (1992) (HJM) based affine model is derived theoretically. This type of affine model is obtained by applying Linear Realization Theory to construct Finite Dimensional Realizations (FDRs) of the Gaussian HJM model. The algorithms of constructing...

Persistent link: https://www.econbiz.de/10010892079

A Robust Equilibrium Relationship between Market Prices of Risks and Risk Aversion in Dynamically Complete Stochastic

Han, Qian; Turvey, Calum G. - 2013

We derive a general equilibrium linear relationship between the market prices of risks and market risk aversion under a continuous time stochastic volatility model completed by liquidly traded options. The relation is robust as it is valid for both endowment and production economies, and for...

Persistent link: https://www.econbiz.de/10010892111

Deadbeat Dads

Beauchamp, Andrew; Sanzenbacher, Geoffrey T.; Seitz, Shannon - Department of Economics, Boston College - 2014

Why do some men father children outside of marriage but not provide support? Why are some single women willing to have children outside of marriage when they receive little or no support from unmarried fathers? Why is this behavior especially common among blacks? To shed light on these...

Persistent link: https://www.econbiz.de/10010892206

Portfolio Selection Optimization under Cumulative Prospect Theory – a parameter sensibility analysis

Coelho, Luis A.G. - Centro de Estudos e Formação Avançada em Gestão e … - 2014

being a relatively recent theory, its application has been somewhat reduced, especially when linked to optimization models …

Persistent link: https://www.econbiz.de/10010892272

Sustainable network dynamics

Dragicevic, Arnaud; Sinclair-Desgagné, Bernard - Département Sciences Sociales, Agriculture et … - 2012

We propose a dynamic graph-theoretic model for ecosystem management as a control over networked system composed of target nodes and unmarked nodes. The network is represented by a complete graph, in which all vertices are connected by a unique edge. Target nodes are attracted by the objective...

Persistent link: https://www.econbiz.de/10010894747

Çoklu bayi sistemlerinde alternatif transfer-satış politikaları

DOLGAN, Nagihan ÇÖMEZ - In: Iktisat Isletme ve Finans 28 (2013) 329, pp. 49-74

Transfer-satışlar rassal müşteri taleplerini karşılamak için bayiler arasından sıklıkla başvurulan, uygulaması kolay ve acil üretici sevkiyatlarına nazaran az maliyetli bir yöntemdir. Doğru transfer-satış politikalarını bulmak amacıyla önemli sayıda akademik çalışmalar...

Persistent link: https://www.econbiz.de/10010894764