Results 81 to 90 of about 278,010 (203)
ENDOGENIZING THE RESERVATION VALUE IN MODELS OF LAND DEVELOPMENT OVER TIME AND UNDER UNCERTAINTY [PDF]
The notion of a reservation value is a key feature of most contemporary dynamic and stochastic models of land development. It is clear that the magnitude of the reservation value has a fundamental bearing on the decision to develop or preserve land. This
Batabyal, Amitrajeet A.
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A Model of Market Limit Orders By Stochastic PDE's, Parameter Estimation, and Investment Optimization [PDF]
, 2012 In this paper we introduce a completely continuous and time-variate model of the evolution of market limit orders based on the existence, uniqueness, and regularity of the solutions to a type of stochastic partial differential equations obtained in Zheng
Sowers, Richard B., Zheng, Zhi
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Adaptive microfoundations for emergent macroeconomics [PDF]
In this paper we present the basics of a research program aimed at providing microfoundations to macroeconomic theory on the basis of computational agentbased adaptive descriptions of individual behavior.
Domenico Delli Gatti +3 more
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Country portfolios in open economy macro models [PDF]
This paper develops a simple approximation method for computing equilibrium portfolios in dynamic general equilibrium open economy macro models. The method is widely applicable, simple to implement, and gives analytical solutions for equilibrium ...
Alan Sutherland, Michael B. Devereux
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Современная математика: Фундаментальные направленияThe converter of continual systems of relays (also known as the Preisach converter) is a wellknown model applicable to describe the hysteresis relationships of a wide range.
M. E. Semenov +4 more
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Policy analysis using DSGE models: an introduction [PDF]
Many central banks have come to rely on dynamic stochastic general equilibrium, or DSGE, models to inform their economic outlook and to help formulate their policy strategies.
Andrea Tambalotti +3 more
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Stochastic models in experimental economics
, 2018 Shortly after the introduction of Expected Utility Theory (EUT), economists and psychologists began publishing results that showed choices made by experimental subjects which apparently violate one or more of the EUT axioms. I discuss economists' responses to this evidence.
openaire +1 more source
A Note on The Moments of Stochastic Shrinkage Parameters in Ridge Regression [PDF]
A common problem in econometric models and multiple regression in general is multicollinearity, which produces undesirable effects on the Least Squares estimators.
Hernán Rubio, Luis Firinguetti
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The price puzzle and indeterminacy in an estimated DSGE model [PDF]
We extend Lubik and Schorfheide's (2004) likelihood-based estimation of dynamic stochastic general equilibrium (DSGE) models under indeterminacy to encompass a sample period including both determinacy and indeterminacy by implementing the change-point ...
Anatoliy Belaygorod, Michael J. Dueker
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Modelling induced innovation for the low-carbon energy transition: a menu of options
Environmental Research LettersInduced innovation is a multi-faceted process characterized by interaction between demand-pull forces, path-dependent self-reinforcing change, and the cost reduction of technology that occurs with cumulative deployment.
Roberto Pasqualino +14 more
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