The topic of this book is a temporary general disequilibrium with prices chosen by firms, rationing implemented by firms; taxes, public goods and "flat" money issued by a Public Authority. A special feature are the illustrations of time paths for prices and quantities. This monograph presents a...

In this book quantitative approaches are proposed for production planning problems in automated manufacturing. In particular techniques from operations research/combinatorial optimization provide ways to tackle these problems. Special attention is devoted to the efficient use of tools in...

Intelligent Vehicle-Highway Systems are providing a welcome stimulus to research on dynamic urban transportation network models. This book presents a new generation of models for solving dynamic travel choice problems including traveler's destination choice, mode choice, departure/arrival time...

This book presents statistical methods for the analysis of events. The primary focus is on single equation cross section models. The book addresses both the methodology and the practice of the subject and it provides both a synthesis of a diverse body of literature that hitherto was available...

In the recent years, the study of cointegrated time series and the use of error correction models have become extremely popular in the econometric literature. This book provides an analysis of the notion of (weak) exogeneity, which is necessary to sustain valid inference in sub-systems, inthe...

This volume contains 16 papers dealing with the methodological and applied aspects of the simulated annealing approach when applied to solve combinatorial optimization problems. More specifically the contents are: The first four papers suggest, test and compare different design strategies for...

The first part of this book deals with tatonnement processes in different general equilibrium models. The standard price exchange model, an international trade model and an economy with production are considered. Theadvantage of these processes, in contrast to the standard Walras process, is...

This book describes a series of laboratory experiments (with a total of 167 independent subjects) on forecasting behavior. In all experiments, the time series to be forecasted was generated by an abstract econometric model involving two or three artificial exogenous variables. This...

This book contains full bibliographic information (inclusive keywords) aboutthe literature on Stochastic Orderings and their Applications in the following fields: Choice under Risk, Finance, Inequality, Measurement, Economic Theory, Special Economic Applications, Decision Methodology, Queueing,...

For a nonlinear filtering problem, the most heuristic and easiest approximation is to use the Taylor series expansion and apply the conventional linear recursive Kalman filter algorithm directly to the linearized nonlinear measurement and transition equations. First, it is discussed that the...