Search Results - subject:"lattices"

A discrete-time approach to evaluate path-dependent derivatives in a regime-switching risk model

Russo, Emilio - In: Risks 8 (2020) 1, pp. 1-22

This paper provides a discrete-time approach for evaluating financial and actuarial products characterized by path-dependent features in a regime-switching risk model. In each regime, a binomial discretization of the asset value is obtained by modifying the parameters used to generate the...

Persistent link: https://www.econbiz.de/10013200544

A discrete-time approach to evaluate path-dependent derivatives in a regime-switching risk model

Russo, Emilio - In: Risks : open access journal 8 (2020) 1/9, pp. 1-22

Persistent link: https://www.econbiz.de/10012204035

A revealed preference theory of monotone choice and strategic complementarity

Quah, John K.-H.; Shirai, Koji - Institute of Economic Research, Kyoto University - 2015

We carry out a revealed preference analysis of monotone comparative statics. We ask what restrictions on an agent's observed choice behavior are necessary and sufficient to rationalize the data with a preference guaranteeing that choices are always monotone with re- spect to a parameter. We...

Persistent link: https://www.econbiz.de/10011185953

A Presentation of Quantum Logic Based on an and then Connective

Lehmann, Daniel - Center for the Study of Rationality, Hebrew University … - 2007

then connective. Entailment is defined in this logic and can be proved to be a partial order. In orthomodular lattices, the …'s operation in modular lattices are valid in Quantum Logic. It is not known whether all properties of Quantum Logic are satisfied … by Finch's operation in modular lattices. …

Persistent link: https://www.econbiz.de/10005585348

An algorithmic approach for simulating realistic irregular lattices

Duque, Juan C.; Betancourt, Alejandro; Marin, Freddy - UNIVERSIDAD EAFIT - 2013

regular and irregular lattices with a predefined number of polygons. While most commercial and free GIS software offer the … possibility of generating regular lattices of any size, the generation of instances of irregular lattices is not a straightforward … irregular lattices with a predefined number of polygons. The irregular lattices generated with RI-Maps have guaranteed …

Persistent link: https://www.econbiz.de/10010762844

EXTENDING THE SCOPE OF MONOTONE COMPARATIVE STATICS RESULTS

Barthel, Anne-Christine - Department of Economics, University of Kansas - 2013

Generally we can distinguish between two types of comparative statics problems that have been approached with lattice programming methods. The first type of problem considers the change of the optimal solution to a maximization problem as the objective function changes, the other type the change...

Persistent link: https://www.econbiz.de/10010900178

Grouping the Tour Packages Services of Hotel Chains Applying the Galois Lattices

Lafuente, Ana María Gil; OH, Young Kyun - In: Asian Journal of Empirical Research 3 (2013) 5, pp. 538-550

Galois Lattices, be establishing what services or elements can be accompanied between one to another in order to achieve the … attractive respect to the competition. Finally, this study has been possible because of the approach of the Galois Lattices that …

Persistent link: https://www.econbiz.de/10010676285

Heterogeneous Agents in Multi-markets: A Coupled Map Lattices Approach

HUANG, Weihong; CHEN, Zhenxi - Division of Economics, Nanyang Technological University - 2012

. Coupled map lattices (CML) is introduced to the market maker framework. It results in market cluster sharing the same sign of …

Persistent link: https://www.econbiz.de/10010603863

The complementarity foundations of industrial organization

CALCIANO, Filippo L. - Center for Operations Research and Econometrics (CORE), … - 2011

In this paper we review the state of the art of Games with Strategic Complementarities (GSC), which are fundamental tools in modern Industrial Organization. The originality of the paper lies in the way the material is presented. Indeed, the mathematical aspects of GSC are complex and scattered...

Persistent link: https://www.econbiz.de/10009002085

A theoretical and practical study on linear reforms of dual taxes

Calonge, Samuel; Tejada, Oriol - Xarxa de Referència en Economia Aplicada (XREAP) - 2009

We extend the linear reforms introduced by Pf¨ahler (1984) to the case of dual taxes. We study the relative effect that linear dual tax cuts have on the inequality of income distribution -a symmetrical study can be made for dual linear tax hikes-. We also introduce measures of the degree of...

Persistent link: https://www.econbiz.de/10008671624