In this paper, we highlight the need to provide education that represents a business process view of organisational functioning. Following three computer supported methodologies are evaluated first: traditional simulation; systems dynamics simulation; and business gaming. Operations management...

This paper compares the effects of estimating dynamic equilibrium economies using a linearized version of the model versus using the a nonlinear solution

This paper estimates the effects of technology shocks in Bayesian VAR models of the United States, Japan and West Germany, imposing restrictions on the sign of impulse responses. These restrictions are motivated with explicit priors on the parameters of a dynamic general equilibrium model...

Markov-switching models have become popular alternatives to linear autoregressive models. Many papers which estimate nonlinear models make little attempt to demonstrate whether the nonlinearities they capture are of interest or if the models differ substantially from the linear option. By...