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We develop a practical and novel method for inference on intersection bounds, namely bounds defined by either the infimum or supremum of a parametric or nonparametric function, or equivalently, the value of a linear programming problem with a potentially infinite constraint set. Our approach is...
Persistent link: https://www.econbiz.de/10010288411
This paper aims to represent wage bargaining as an optimal control problem. Specifically, by assuming that employment follows a stock adjustment principle towards the level that maximises profits, i.e., towards labour demand, we build an intertemporal optimising model in which the real wage is...
Persistent link: https://www.econbiz.de/10010288725
This paper has developed a solution algorithm for linear rational expectation models under imperfect information … algorithm generates the solution in the form of k_t+1 = Hk_t + Jx^t,S f_t = Fk_t + Gx^t,S where k_t and f_t are column vectors …
Persistent link: https://www.econbiz.de/10010290665
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In dem Beitrag erfolgt eine Analyse der Erreichbarkeit von Arbeitsplätzen in Schleswig-Holstein anhand verschiedener Messkonzepte. Die Untersuchung basiert auf einer Diplomarbeit, die am Institut für Regionalforschung der Christian-Albrechts-Universität zu Kiel entstanden ist. Die für die...
Persistent link: https://www.econbiz.de/10011824569
In this paper we examine whether there is room for improvement in farm program decisions through the integration of formal mathematical optimisation into the planning process. Probing the potential for improvement, we investigate the cases of four Brandenburg cash crop farms over the last six...
Persistent link: https://www.econbiz.de/10015078968
Regulatory policies often aim to steer the behaviour of economic agents by changing their framework conditions. Assessing the impact of such policies requires forecasts of how humans adapt to changes in their economic environment. A prerequisite for a meaningful policy impact analysis is a...
Persistent link: https://www.econbiz.de/10015079011
utility. Farm agents optimize their utility with the help of a linear-programming algorithm that takes into account natural …
Persistent link: https://www.econbiz.de/10015079178
'Farming for Nature', a relatively new policy instrument being tried out in the Netherlands, is evaluated. The concept has been designed to allow dairy farmers to improve nature conservation on their farms. Under the scheme, no manure, fertilizer, or feed - concentrates or roughage - may be...
Persistent link: https://www.econbiz.de/10015079258