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An Algorithm for Computing the Nucleolus of Disjunctive Additive Games with An Acyclic Permission Structure

Brink, René van den; Katsev, Ilya; Laan, Gerard van der - Tinbergen Instituut - 2008

A situation in which a finite set of players can obtain certain payoffs by cooperation can be described by a cooperative game with transferable utility, or simply a TU-game. A (single-valued) solution for TU-games assigns a payoff distribution to every TU-game. A well-known solution is the...

Persistent link: https://www.econbiz.de/10011257037

Nonlinear and Complex Dynamics in Economics

Barnett, William A.; Serletis, Apostolos; Serletis, Demitre - Volkswirtschaftliche Fakultät, … - 2012

dynamical complexity, characterizing chaos and near chaos, as commonly found in the physical sciences. The paper also surveys … applications in economics and �finance. This survey does not include bifurcation analyses at lower levels of dynamical complexity … complexity, chaos, and other related concepts precise, having in mind their (actual or potential) applications to economically …

Persistent link: https://www.econbiz.de/10011257846

Golden Rule of Forecasting: Be conservative

Armstrong, J. Scott; Green, Kesten C.; Graefe, Andreas - Volkswirtschaftliche Fakultät, … - 2014

This paper proposes a unifying theory of forecasting in the form of a Golden Rule of Forecasting. The Golden Rule is to be conservative. A conservative forecast is consistent with cumulative knowledge about the present and the past. To be conservative, forecasters must seek all knowledge...

Persistent link: https://www.econbiz.de/10011257908

Foundations of the economic and social history of the United States: Metaphysical

Albers, Scott - Volkswirtschaftliche Fakultät, … - 2013

"Oppositional Analysis" - the name I give to the metaphysics presented in this volume - proposes a number of dichotomies through which one may analyze and understand systematically the structure of every level of reality. Macroeconomic theory, as well as social research, are two excellent stages...

Persistent link: https://www.econbiz.de/10011258411

The dynamics of market share’s growth and competition in quadratic mappings

Dominique, C-Rene; Rivera-Solis, Luis Eduardo - Volkswirtschaftliche Fakultät, … - 2012

This paper shows that the observed output of any market, placed within the confine of a quadratic map, can characterize the state of that market. Such an approach explains the process of market share’s growth and its pitfalls, the consequences of broken symmetry of scaling, as well as the...

Persistent link: https://www.econbiz.de/10011258528

Notes on the epistemology of fraud

Pimenta, Carlos; Afonso, Óscar - Faculdade de Economia, Universidade do Porto; OBEGEF - … - 2012

Fraud, non-observed economy, money laundering, social decohesion and ethical degeneration are part of the same process. We need to understand the total process of fraud. This is not a social excrescence, but an integral element of the present society and an assumed element of social relations....

Persistent link: https://www.econbiz.de/10010895381

Dissensions and Distances of Ideology to Reality: The Origins and Mitigations of Radical System Uncertainty from Dialectic Diagnosis

Chang, Beryl Y. - In: Journal of Interdisciplinary Economics 26 (2014) 1-2, pp. 1-32

Market practices since the industrialization in the West have followed a formal dualist system or monist reductionist system, where the former treats the opposites, for example, gain and loss, as mutual exclusives and the latter regards each practice as an independent or separable component....

Persistent link: https://www.econbiz.de/10010961380

LA IMPORTANCIA DE LA REPUTACIÓN EMPRESARIAL EN LA OBTENCIÓN DE VENTAJAS COMPETITIVAS SOSTENIBLES /

Martín de Castro, G.; Navas López, J.E. - In: Investigaciones Europeas de Dirección y Economía de … 12 (2006) 3, pp. 29-39

La creciente atención de la reputación empresarial por parte del mundo profesional y académico denota la importancia de la misma en la consecución de ventajas competitivas duraderas, y por consiguiente, en la creación de valor. En el presente artículo trataremos de argumentar el carácter...

Persistent link: https://www.econbiz.de/10010569095

ANÁLISIS DE LA INTERACCIÓN ENTRE LOS DETERMINANTES DE LA AMBIGÜEDAD CAUSAL: ESPECIFICIDAD, COMPLEJIDAD Y CARÁCTER TÁCITO /

Planck Barahona, U - In: Investigaciones Europeas de Dirección y Economía de … 12 (2006) 2, pp. 107-118

, complexity of decisions and specificity of the resources. The conclusions of the work are lead to two propositions 1) the … knowledge and 2) the specificity of the assets is related directly to the complexity of the decisions-taking process. In essence …, it is argued that the factors of complexity and tacit character can be partially analyzed depending upon the specific …

Persistent link: https://www.econbiz.de/10010569112

The Economics of Structural Change in Knowledge

Quatraro, Francesco - HAL - 2010

This book provides an elaboration upon the concept of knowledge from an economic viewpoint. However this is not a book on economics of knowledge, at least not in the conventional sense. Most of the existing books on the matter have focused on the treatment of knowledge in terms of properties of...

Persistent link: https://www.econbiz.de/10010569150