We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...

We simulate a closed rental housing market with search and match- ing frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...

We simulate a closed rental housing market with search and matching frictions, in which both landlord and tenant agents are imperfectly informed. Homogeneous landlords set rents to maximise revenue, using information on the market to estimate the relationship between posted rent and...

This paper analyses how the scoring systems actually and potentially used in a variety of sports and games affect the suspense they can generate. The experimental method relies on several Monte Carlo simulations applied on a comparative basis to basketball, table tennis and tennis. Results show...

Purpose The purpose of this paper is to exhibit the impacts of lease duration and lease break options on the optimal holding period for a real estate asset or portfolio Methodology / approach We use a Monte Carlo simulation framework to simulate a real estate assets cash-flows in which lease...

Ce Document d'analyse PSDR s'intéresse au choix de fermeture/ouverture de classes, à partir d'un critère de distance peu employé : le temps de trajet entre le domicile de l'élève et son école. L'originalité de l'étude repose sur l'utilisation d'un modèle mathématique prenant en compte...

Si la simulation est une méthode de recherche de moins en moins obscure en sciences de gestion, son utilisation n'en demeure pas moins peu fréquente malgré son fort potentiel. Dans une perspective à la fois méthodologique et pragmatique, cet article met l'accent sur la pertinence de cette...

The agreement recently signed between Morocco and the United States foresees several modalities in dismantling tariffs. Our simulations show that the various modalities of trade liberalization may have different impacts on the welfare, the rate of growth and the sectoral trade balance of these...