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Wir analysieren die Vorgehensweise bei der Diskontierung langfristiger Projekte. Unsere Untersuchungen zur reinen … formulation of an adjusted OLG-discounting method (GAD) of consumption units, taking into consideration intra- and …
Persistent link: https://www.econbiz.de/10009475364
This dissertation focuses on the effects of public intervention on the future-orientation of an economy by implementing an agent-based model designed to provide insight on certain causalities between the public sector and the innovativeness of an economy which can be inferred following the...
Persistent link: https://www.econbiz.de/10009482288
We consider an extension of the classical secretary problem where a decision maker observes only the relative ranks of a sequence of up to N applicants, whose true values are i.i.d. U[0,1] random variables. Applicants arrive according to a homogeneous Poisson Process, and the decision maker...
Persistent link: https://www.econbiz.de/10009450709
growth theory. Nordhaus argues that the Stern Review exaggerates the effects of global warming because it uses a discount … rate that is well below the market rate of return on capital. From the perspective of classical growth theory, Nordhaus … agents. The classical theory of growth interprets the market return to capital as a reflection of the property relations of …
Persistent link: https://www.econbiz.de/10009468160
adjusted OLG-discounting method of consumption units, taking into consideration intra- and intergenerational aspects. At the …
Persistent link: https://www.econbiz.de/10009475344
expressed. Kahneman and Tversky's Prospect Theory (1979) explains many of these "framing" effects as shifts in the point of …
Persistent link: https://www.econbiz.de/10009441007
,000 relative to conventional discounting. Applying the random walk model to the consequences of climate change, we find that …
Persistent link: https://www.econbiz.de/10009446677
International Relations theory of constructivism.NormSim explores the metastable dynamics of norms through the interactions … patterns and long run systemic change.NormSim provides a general computational theory to explain this phenomenon. …
Persistent link: https://www.econbiz.de/10009458907
their likelihood. First, Iemploy empirical techniques based on neoclassical theory and fit regression models tosimulation … neoclassical theory predicts otherwise, and negligence rules differin their ability to rid society of negligent behavior …
Persistent link: https://www.econbiz.de/10009458925
Post-Cold War military conflicts have highlighted the need for a flexible, agile joint force responsive to emerging crises around the globe. The 2005 Joint Capabilities Integration and Development System (JCIDS) acquisition policy document mandates a shift away from stove-piped threat-based...
Persistent link: https://www.econbiz.de/10009475960