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In this paper we employ techniques from artificial intelligence such as reinforcement learning and agent based modeling as building blocks of a computational model for an economy based on convention. First we model the interaction among firms in the private sector. These firms behave in an...
Persistent link: https://www.econbiz.de/10014198998
This study identifies the population attending preschool, primary, intermediate, and secondary public schools in Bogotá under two approaches: one geographical, contrasting the percentages of poverty by locality with the percentages of students in public and private schools, and the other...
Persistent link: https://www.econbiz.de/10014199154
This article presents a unified model of the two main demand-based explanations of economic growth: Thirlwall's law and the two-gaps model. It is shown that, with certain specifications, the external gap is equivalent to Thirlwall's law with capital movements. The unified model is expressed in...
Persistent link: https://www.econbiz.de/10014213243
Spanish Abstract: La obra académica de Homero Cuevas cubrió una gran variedad de temas, tanto teóricos como aplicados. La mayor parte de estos trabajos se publicó en diversas fuentes antes de la era de internet y pueden ser difíciles de identificar, reunir y localizar hoy en día. Se...
Persistent link: https://www.econbiz.de/10014157425
A framework is proposed for analyzing the structure of a diversified business group, according to the function of firms in the group. The areas are: cash sources, financial firms (that facilitate cash flows among firms), firms allowing to keep property and control of the group, high expected...
Persistent link: https://www.econbiz.de/10014185828
The efficacy of tax reforms is estimated for the period 1973-2000 using three ARIMAX models for the real revenue and the revenue/GDP ratio. The analysis, including only those reforms changing tax bases and/or tariffs, or that aim to increase revenue or reduce evasion, shows that only two out of...
Persistent link: https://www.econbiz.de/10014063609
Based on literary sources and following Marshall Berman and Benedict Anderson's theory, this article outlines some key tendencies of English society prior to World War I. Economic modernization and political imperialism emerged while the cultural avant garde (i.e., modernism) was pushed into the...
Persistent link: https://www.econbiz.de/10014065882
Resumen: El artículo presenta una revisión de literatura sobre la aversión al riesgo en la toma de decisiones médicas. Se cubrieron las bases de datos Econlit, Jstor, Science Direct y Springer Link desde 1985. Los resultados se dividen en tres temas: la aversión al riesgo desde las teorías...
Persistent link: https://www.econbiz.de/10010763771