Showing 1 - 10 of 88
Persistent link: https://www.econbiz.de/10005134587
The paper discusses some of the problems of subsistence agriculture in countries in transition and proposes a methodology for analysis. It demonstrates that approaches which ignore the dualistic agriculture structure cannot provide consistent estimates of the behavioural parameters of the total...
Persistent link: https://www.econbiz.de/10005134569
The paper demonstrates the effects that the largely ignored, phenomenon of subsistence farming can have on agricultural development in countries in transition. The problem of subsistence consists of the different economic behaviour of subsistence farms compared to commercial ones. The paper...
Persistent link: https://www.econbiz.de/10005134586
This paper shows the characteristics of the macroeconomic Social Accounting Matrix (SAM) of Tunisia in 1996. It is established that the SAM is one of the data bases of the Computable General Equilibrium (CGE) Models. These last years, the researchers have intensified the use of the SAM within...
Persistent link: https://www.econbiz.de/10005412993
TAC-02 was the third in a series of Trading Agent Competition events fostering research in automating trading strategies by showcasing alternate approaches in an open-invitation market game. TAC presents a challenging travel-shopping scenario where agents must satisfy client preferences for...
Persistent link: https://www.econbiz.de/10005412994
The purpose of this paper is to introduce a frontier model for productivity measurement that explicitly recognizes that some inputs are produced and consumed within the production technology. Here we differ from Koopmans (1951) by assuming that the intermediate inputs may also be final output....
Persistent link: https://www.econbiz.de/10005412995
We provide computer codes in ANSI-C and Python for a fast and accurate computation of the cumulative distribution function (cdf) of the standard normal distribution and the inverse cdf of the same function. For the cdf we use the 5th order Gauss-Legendre quadrature which gives more accurate...
Persistent link: https://www.econbiz.de/10005412996
This paper presents a procedure for clustering analysis that combines Kohone’s Self organizing Feature Map (SOFM) and statistical schemes. The idea is to cluster the data in two stages: run SOFM and then minimize the segmentation dispersion. The advantages of proposed procedure will be...
Persistent link: https://www.econbiz.de/10005412997
The WALRAS algorithm calculates competitive equilibria via a distributed tatonnement-like process, in which agents submit single-good demand functions to market-clearing auctions. The algorithm is asynchronous and decentralized with respect to both agents and markets, making it suitable for...
Persistent link: https://www.econbiz.de/10005412998
This study reports experimental market power and efficiency outcomes for a computational wholesale electricity market operating in the short run under systematically varied concentration and capacity conditions. The pricing of electricity is determined by means of a clearinghouse double auction...
Persistent link: https://www.econbiz.de/10005412999