Showing 1 - 10 of 18
is proposed which brings these types of financial market models to a more consistent and more realistic model structure …. The proposed market model explicitly takes into account the risky-asset supply side. This extension in the model structure …
Persistent link: https://www.econbiz.de/10009428980
expensive. The polynomial chaos approach has been shown to be more efficient than Monte Carlo for quantifying the effects of … polynomial chaos theory for parameter estimation: a Bayesian approach, and an approach using an extended Kalman filter (EKF) to … obtain the polynomial chaos representation of the uncertain states and the uncertain parameters. The two methods are applied …
Persistent link: https://www.econbiz.de/10009457571
significantly reduce uncertainty through traditional approaches may in part be explained by chaos theory. This paper defines … deterministic chaos and demonstrates that supply chains can display some of the key characteristics of chaotic systems, namely …: chaos exhibits sensitivity to initial conditions; it has Islands of Stability; generates patterns; invalidates the …
Persistent link: https://www.econbiz.de/10009463190
response by changing the slope of the demand schedule can thrust the model into instability, chaos, and extinction, without … via slope preserving increases in market demand can push the model into instability, chaos, and even extinction. Finally …, we show that similar adjustments in market demand may be capable of eliminating instability and chaos rooted in powerful …
Persistent link: https://www.econbiz.de/10009444668
Numerical weather forecast errors are generated by model deficiencies and by errors in the initial conditions which interact and grow nonlinearly. With recent progress in data assimilation, the accuracy in the initial conditions has been substantially improved so that accounting for systematic...
Persistent link: https://www.econbiz.de/10009450747
Provides students with strategic frameworks and a broad exposure to business matters that affect strategic management and the consulting industry. To fulfill that objective, the Proseminar invites distinguished executives from businesses and consulting firms. The Proseminar is organized...
Persistent link: https://www.econbiz.de/10009432110
There is a well-established line of thinking on strategy and structure in the MNE, beginning with John Stopford … continue to be occasional studies of strategy and structure in the MNE (e.g. Wolf and Egelhoff, 2001), but for the most part …, and studies of the evolution of the MNE. This paper argues that we need to revisit issues of strategy and structure in …
Persistent link: https://www.econbiz.de/10009437818
This paper is concerned with e-mall business models. The investigation defines what constitutes an e-mall, the different types of implementations, and surveys a number of established e-malls. The study looks at e-malls through the eyes of a buyer and seller and describes the different types of...
Persistent link: https://www.econbiz.de/10009457399
ownership in a firm than that found in the previous studies. Managerial ownership also drives the capital structure as a … managerial ownership affects capital structure, which in turn affects firm value. Capital structure is endogenously determined by …
Persistent link: https://www.econbiz.de/10009457419
This paper examines the effect of state control and ownership structure on the leverage decision of firms listed in the …
Persistent link: https://www.econbiz.de/10009457658