Search Results - subject:"calibration."

Micro Simulation - A Tool for Economic Analysis

Klevmarken, N. Anders - Nationalekonomiska Institutionen, Uppsala Universitet - 2001

for micro simulation such as the choice of estimation criteria, calibration to benchmarks and model validation. Some of …

Persistent link: https://www.econbiz.de/10005644564

A deterministic-shift extension of analytically-tractable and time-homogeneous short-rate models

Brigo, Damiano; Mercurio, Fabio - In: Finance and Stochastics 5 (2001) 3, pp. 369-387

consider an example of calibration to the cap market for two of the presented models. We finally hint at the same extension for …

Persistent link: https://www.econbiz.de/10005759618

Donation Payment Mechanisms and Contingent Valuation: An Empirical Study of Hypothetical Bias

Champ, Patricia; Bishop, Richard - In: Environmental & Resource Economics 19 (2001) 4, pp. 383-402

Donation payment mechanisms are well suited forsome contingent valuation studies. In aneffort to better understand the discrepancythat has been consistently found between actualand hypothetical donations, we investigate anapproach to estimating actual willingness todonate using contingent...

Persistent link: https://www.econbiz.de/10005547562

The role of simulation methods in Macroeconomics

Novales, Alfonso - In: Spanish Economic Review 2 (2000) 3, pp. 155-181

After reviewing the reasons to use solution methods in macroeconomics, this survey paper discusses different aspects relative to a rigorous use of the numerical output of such methods. Special attention is paid to suggestions that have been made to incorporate parameter uncertainty. Finally, the...

Persistent link: https://www.econbiz.de/10005155585

Bayesian Models for Early Warning of Bank Failures

Sarkar, Sumit; Sriram, Ram S. - In: Management Science 47 (2001) 11, pp. 1457-1475

The focus of this research is to demonstrate how probabilistic models may be used to provide early warnings for bank failures. While prior research in the auditing literature has recognized the applicability of a Bayesian belief revision framework for many audit tasks, empirical evidence has...

Persistent link: https://www.econbiz.de/10009208595

Chapter 58. Calibration

Dawkins, Christina; Srinivasan, T.N.; Whalley, John - In: Handbook of econometrics : volume 5, (pp. 3653-3703). 2001

We discuss the use of calibration techniques in economic models. Calibration contrasts with estimation in relying on … draw a distinction between the calibration methods used in dynamic macro models of the Kydland–Prescott type and micro … models of the Shoven–Whalley variety. We highlight the ways in which calibration techniques are evolving including double …

Persistent link: https://www.econbiz.de/10014024982

Zum Aufbau eines Systems von Haushaltsstichproben in der amtlichen Statistik / Problems of Coordination of Household Statistics in Germany

Krug, Walter - In: Jahrbücher für Nationalökonomie und Statistik 220 (2000) 6, pp. 731-741

drawn. As to the rolling sample calibration problems are discussed and “simple” regression estimates are recommended …

Persistent link: https://www.econbiz.de/10014608804

High accuracy positioning system implements robotic applications with guaranteed placement accuracy

Oitzman, Mike; Campbell, Joe - In: Industrial Robot: An International Journal 27 (2000) 4, pp. 274-278

Placement accuracy in automated production equipment has been a problem since the first automated machine assembled a product on a manufacturing line at the beginning of the industrial revolution, and the demand for machine accuracy has steadily increased since. Adept Technology, Inc. has...

Persistent link: https://www.econbiz.de/10014831504

Robot accuracy

Greenway, Bryan - In: Industrial Robot: An International Journal 27 (2000) 4, pp. 257-265

Discusses robot accuracy and repeatability and the mechanical and control aspects of robots that lead to errors occuring in static positioning and dynamic path following. Outlines the steps that should be taken to minimise errors and concludes that robot users should encourage manufacturers to...

Persistent link: https://www.econbiz.de/10014831507

Accuracy assessment of the modern industrial robot

Young, Ken; Pickin, Craig G. - In: Industrial Robot: An International Journal 27 (2000) 6, pp. 427-436

dependent on a calibration process which is far from robust. …

Persistent link: https://www.econbiz.de/10014831514