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The papers in this special issue of Mathematics and Computers in Simulation cover the following topics. Improving … through the comparison of simultaneous and sequential estimation, modeling tail credit risk using transition matrices …, globalization, and innovation. A general equilibrium simulation, whether exchange rates affect consumer prices. A comparative …
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What happens within the university-based research enterprise when a federal funding agency abruptly changes research grant funding levels, up or down? We use simple difference equation models to show that an apparently modest increase or decrease in funding levels can have dramatic effects on...
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necessitates ongoing adaptation of logistics networks. Therefore, suit-able methods of modeling and simulation are needed to … microscopic and the macroscopic approach to simulation. The presented mesoscopic approach monitors quantities of objects that … modeling time. Thus, the mesoscopic approach can be described with the phrase “discrete time/continuous quantities”. The basic …
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We investigate changes in the time series characteristics of postwar U.S. inflation. In a model-based analysis the conditional mean of inflation is specified by a long memory autoregressive fractionally integrated moving average process and the conditional variance is modelled by a stochastic...
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