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underlying theoretical framework for bank mergers quite different from prevailing ideas based on game theory on the one hand, and … description of fast integration processes characteristic of globalization. …
Persistent link: https://www.econbiz.de/10010872190
markets since 2000 is thus an international event, suggesting the strengthening of globalization. …
Persistent link: https://www.econbiz.de/10011064314
globalization process, competition between two target exchange rates with the same base currency forms a simple competitive exchange … rate relation, where each exchange rate follows the chaotic model of De Grauwe (Exchange Rate Theory-Chaotic Models of …
Persistent link: https://www.econbiz.de/10011064539
The idea of entropy was introduced in thermodynamics, but it can be used in time series analysis. There are various ways to define and measure the entropy of a system. Here the so called Theil index, which is often used in economy and finance, is applied as it were an entropy measure. In this...
Persistent link: https://www.econbiz.de/10011059447
networks actually decreases in time, —which we consider as a proof of globalization. An empirical law is found for the …
Persistent link: https://www.econbiz.de/10011060408
decreases in time, — which we consider as a proof of economy globalization. It is stressed that this entropy distance measure … seems more suitable in detecting some “phase transition” in time series, like a globalization process than the usual …
Persistent link: https://www.econbiz.de/10011062067
The Internet age is changing the structure of science, and affecting interdisciplinary interactions. Publication profiles connecting mathematics with molecular biology and condensed matter physics over the last 40 years exhibit common phase transitions indicative of the critical role played by...
Persistent link: https://www.econbiz.de/10011209702