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of structural parameters, such as migration costs. For US interstate migration, we obtain a cost estimate of somewhat … less than one-half of an average annual household income. This is substantially less than the migration costs estimated by …
Persistent link: https://www.econbiz.de/10003892047
distribution influences the estimation of structural parameters, such as migration costs. For US interstate migration, we obtain a … costs estimated by previous studies. We attribute this difference to the treatment of the dynamic self-selection problem …
Persistent link: https://www.econbiz.de/10003656910
Our paper presents an original method named The Optimum Limit of the Profitability (O.L.P.), for the characterization of the optimum physical output for one enterprise. On our research paper for the definition of this concept we have started with the exploration of the mathematical models which...
Persistent link: https://www.econbiz.de/10008740573
included in the analysis. We show that the economic costs of operation constraints set to maximum and minimum flow decrease … with lower price volatility. The economic costs of turbine passing flow requirements are insensitive to price volatility …
Persistent link: https://www.econbiz.de/10014101680
, whereas price impact models quantify trading costs. This paper studies what happens when trades are based on an incorrect … these misspecification costs and illustrate them on proprietary trading data. The misspecification costs are naturally …
Persistent link: https://www.econbiz.de/10014350307
distribution influences the estimation of structural parameters, such as migration costs. For US interstate migration, we obtain a … costs estimated by previous studies. We attribute this difference to the treatment of the dynamic self-selection problem …
Persistent link: https://www.econbiz.de/10013325349
We consider a financial market consisting of a nonrisky asset and a risky one. We study the minimal initial capital needed in order to super-replicate a given contingent claim under the Gamma constraint, i.e. a constraint on the unbounded variation part of the hedging porfolio. In the general...
Persistent link: https://www.econbiz.de/10005776485
Transportation is the most important subsystem of logistics in terms of value. Transportation costs account for the … largest portion of costs in a logistics system. The paper will examine the usage of a transshipment model with the purpose of … minimizing the costs in a logistics system. Transshipment model is a multi-phase transport problem in which the flow of material …
Persistent link: https://www.econbiz.de/10010633368
Persistent link: https://www.econbiz.de/10010531227
Persistent link: https://www.econbiz.de/10014374932