Search Results - subject:"State variable"

State-variable public goods and social comparisons

Aronsson, Thomas; Johansson-Stenman, Olof - In: Journal of environmental economics and management : … 68 (2014) 2, pp. 390-410

Persistent link: https://www.econbiz.de/10010491077

Is There More than One Way to be E-Stable?

Pearlman, Joseph - Centre for Dynamic Macroeconomic Analysis, University … - 2007

that there are conflicting E-stability results. We show that this conflict also extends to Minimum State Variable (MSV … conflict also extends to Minimum State Variable (MSV) representations. One of these methods of learning lends itself to the …. Keywords: E-stability, Minimum state variable. 1 Introduction Despite the vast quantity of research on E …

Persistent link: https://www.econbiz.de/10005807922

Optimal corporate strategy under uncertainty

Chen, Andrew H.; Fabozzi, Frank J.; Huang, Dashan - In: Applied economics 45 (2013) 19/21, pp. 2877-2882

Persistent link: https://www.econbiz.de/10010192369

A Note on Simple MSV Solution Methods for Rational Expectations Models of Monetary Policy

Mash, Richard - Department of Economics, Oxford University - 2003

We analyse the derivation of optimal monetary policy under discretion and commitment when lagged expectations appear in the Phillips curve, making use of the comparatively simple MSV approach which does not require transformation of the model into state-space form.

Persistent link: https://www.econbiz.de/10005051066

A multi-factor Markovian HJM model for pricing American interest rate derivatives

Kramin, Marat; Nandi, Saikat; Shulman, Alexander - In: Review of Quantitative Finance and Accounting 31 (2008) 4, pp. 359-378

Persistent link: https://www.econbiz.de/10005673873

A Simple Induction Approach and an Efficient Trinomial Lattice for Multi-State Variable Interest Rate Derivatives Models

Kramin, Marat; Kramin, Timur; Young, Stephen; Dharan, Venkat - In: Review of Quantitative Finance and Accounting 24 (2005) 2, pp. 199-226

This paper presents an alternative approach for interest rate lattice construction in the Ritchken and Sankarasubramanian (1995) framework. The proposed method applies a parsimonious induction technique to represent the distribution of auxiliary state variables and value interest rate...

Persistent link: https://www.econbiz.de/10005808819

Dynamical analysis of corporate bonds based on the yield spread term-quality surface

Shouda, Tomoaki - In: Asia-Pacific Financial Markets 12 (2005) 4, pp. 307-332

Persistent link: https://www.econbiz.de/10005810977

Real-time simulation of electric drives

Champagne, R.; Dessaint, L.-A.; Fortin-Blanchette, H. - In: Mathematics and Computers in Simulation (MATCOM) 63 (2003) 3, pp. 173-181

This paper presents a real-time simulation of an ac electric drive. The main purpose of this type of simulation is to provide an efficient, cost-effective and secure way of testing the control part of an electric drive. Therefore, the electric motor and the electronic converter of the drive are...

Persistent link: https://www.econbiz.de/10011050237

THE EFFECTS OF VARYING PARAMETER VALUES AND HETEROGENEITY IN AN INDIVIDUAL-BASED MODEL OF PREDATOR-PREY INTERACTION

CHIVERS, WILLIAM J.; HERBERT, RIC D. - In: Advances in Complex Systems (ACS) 06 (2003) 03, pp. 441-456

population ecology — the modelling of populations with state variable equations. The individual-based model built here produces … similar patterns of mutual dependence of the populations to those produced by the state variable model but has additional … the individual-based approach is in the complexity of the model itself, which is more difficult to build than many state …

Persistent link: https://www.econbiz.de/10005047480