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The regression model with categorical dependent variable is a natural generalization of the model with binary dependent variable. It is based on the use of baseline logits. For its building and for the evaluation of its quality, analogous procedures to the case of binary dependent variable are...
Persistent link: https://www.econbiz.de/10005036288
The world raw material market has undergone a great change in the recent years. One of the essential reasons is the rapid economic growth of many former developing countries such as China, India, Indonesia, Brazil, Vietnam, etc. These countries were historically and typically producers and...
Persistent link: https://www.econbiz.de/10005036304
The article analyses reasons for state regulation, and deals with present regulatory projects aimed at ensuring increased stability of financial, or more precisely, insurance markets, especially with respect to securing an adequate level of consumer protection and lowering information asymmetry....
Persistent link: https://www.econbiz.de/10005036309
This article takes focus on the main basic elements of panel data analysis, fixed effects and random effects models, dynamic panel data models. The last part of this article is about possibilities of testing panel data unit roots with a notice about the usage of the application software and...
Persistent link: https://www.econbiz.de/10005036338
The essay is the contribution to analysis of the determination and addition of the utility. There are shown the contradictions between quantitative and qualitative thinking about the problems of utility for the individual and for multitude people in society. In this interpretation rised also the...
Persistent link: https://www.econbiz.de/10005036351
Probability modeling may be approached in several principally different ways. One of such possibilities to achieve the aim is approximation of empirical distribution by means of an already known distribution (i.e. a parametric model). This paper focuses first on description of methods that may...
Persistent link: https://www.econbiz.de/10005036355
Robust design reduces excessive process variation. Identification of dispersion effects plays an important role in it. Two main approaches are used to analyze the experiment where levels of noise factors are changed on purpose. Either the function of sample variance computed from replications...
Persistent link: https://www.econbiz.de/10005036362
Measurement of customer satisfaction or dissatisfaction is an important factor in corporate development. Deep insight into the crucial factors that have an influence on customer satisfaction and result in repeated purchases plays a critical role. The connection between customer satisfaction and...
Persistent link: https://www.econbiz.de/10005036365
The paper focuses on possibilities of the qualitative risk analysis of a project, which appears scarcely in literature compared to the more sophisticated techniques of risk analysis, such as simulations. Identified are elementary processes of risk analysis ranging from the risk identification to...
Persistent link: https://www.econbiz.de/10005036376
The short characteristics of the transport economics and transport system. The assumed development of the demands and supllies of the transport. The transport services like the factor of the development of society and companies. The specification of the necessary level of the transport services...
Persistent link: https://www.econbiz.de/10005036409