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Monetary Policies and Nigerian Economy:Simulations from Dynamic Stochastic General Equilibrium(DSGE)Model
Nwaobi, Godwin - Volkswirtschaftliche Fakultät, … - 2012
basic thrust of this paper is to evaluate monetary policy - tradeoffs using a dynamic stochastic general equilibrium …
Persistent link: https://www.econbiz.de/10011108535
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Evolutionary Concept, Genetic Algorithm and Exhibition Contract in Movie Industry
Ch'ng, Kean Siang - Volkswirtschaftliche Fakultät, … - 2007
The paper is about application of evolutionary concept, particularly the application of natural selection process, to the study of movie industry. The importance of the application is that it allows for the heterogeneity and interdependency of market agents in analyzing the economic choice...
Persistent link: https://www.econbiz.de/10005837423
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Religion, Clubs, and Emergent Social Divides
Makowsky, Michael - Volkswirtschaftliche Fakultät, … - 2009
Arguments for and against the existence of an American cultural divide are frequently placed in a religious context. This paper seeks to establish that, all politics aside, the American religious divide is real, that modern religious polarization is not a uniquely American phenomenon, and that...
Persistent link: https://www.econbiz.de/10005790044
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Religious Extremism, Clubs, and Civil Liberties: A Model of Religious Populations
Makowsky, Michael - Volkswirtschaftliche Fakultät, … - 2009
This paper extends the club model of religion to better account for observed patterns of extremism. We adapt existing models to a multi-agent framework and analyze the distribution of agents and clubs. We find that extremism is more successful when religious groups are able to produce close...
Persistent link: https://www.econbiz.de/10005616838
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Frictionless economy and its implementation in real world
Yang, Yu - Volkswirtschaftliche Fakultät, … - 2011
Frictionless economy is the new concept emerged from late 90s1. Its core idea is to remove the time both suppliers and customers spend on the trial and error on the price. So the markets always perform on the equilibriums. So markets can work in the perfect efficiency. But due to the various...
Persistent link: https://www.econbiz.de/10009353526
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Psychohistory Paradox and Introduction to Quantum Social Science
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
Why would social science need the help from quantum mechanics? First, there are many unanswerable questions in social science. Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of finance or economics....
Persistent link: https://www.econbiz.de/10011111388
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Human Behavior Paradox and a Social Science Interpretation of Quantum Mechanics
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
Are financial markets predictable? How to predict the financial markets? These important questions are not answerable in the existing framework of either finance or economics. This paper shows in details that these questions are also not answerable in the existing framework of modern physics. In...
Persistent link: https://www.econbiz.de/10011113488
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Innovation regimes, entry and market structure
Kwasnicki, Witold - Volkswirtschaftliche Fakultät, … - 1995
This paper contains a description of an evolutionary model of industrial dynamics and a report on the simulation study of the model. The presentation of the model is partitioned into two sections. In the first section I focus on the economic features of industrial development with no...
Persistent link: https://www.econbiz.de/10008560979
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Fundamental Design Flaws of United States Constitution
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
equilibrium political structure characterized by a set of 16 democratic principles. The natural following up research is to … compare the US constitution with the theoretical equilibrium political structure. The results of the comparison are very … constitution is very close to the equilibrium political structure, and all equilibrium structures in physics, chemistry, and …
Persistent link: https://www.econbiz.de/10011112150
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A Physics Solution to the Hardest Problem in Social Science: Physics Foundation of Permanent World Peace
Wayne, James J. - Volkswirtschaftliche Fakultät, … - 2014
experimental condensed matter physics. We show that the humanity governing problem is equivalent to find an equilibrium political … traditional political philosophy with quantum physics as the solid foundation of political science, and analyzes the equilibrium …, peaceful, and prosperous human societies. We prove that there is certainly no better alternative than the equilibrium political …
Persistent link: https://www.econbiz.de/10011112542