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this paper, procedures and equations are presented for determining global distribution uniformity from several components ….g., low quarter). The equations and procedures provided herein apply regardless of the size of the area under consideration (e ….g., low quarter, low half, etc.), and whether the low or high values are of concern. Procedures and equations for estimating …
Persistent link: https://www.econbiz.de/10009429471
Carlo, Latin hypercube sampling with constrained Monte Carlo, and generalized likelihood uncertainty estimation), and …
Persistent link: https://www.econbiz.de/10009429563
Due to its modest data demands and transparent model structure, the Universal Soil Loss Equation (USLE) remains the most popular tool for water erosion hazard assessment. However, the model has several shortcomings, two of which are likely to have prominent implications for the model results....
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We take the model of Alfarano et al. (Journal of Economic Dynamics & Control 32, 2008, 101-136) as a prototype agent-based model that allows reproducing the main stylized facts of financial returns. The model does so by combining fundamental news driven by Brownian motion with a minimalistic...
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In this paper, we employ 99% intraday value-at-risk (VaR) and intraday expected shortfall (ES) as risk metrics to assess the competency of the Multiplicative Component Generalised Autoregressive Heteroskedasticity (MC-GARCH) models based on the 1-min EUR/USD exchange rate returns. Five...
Persistent link: https://www.econbiz.de/10012018629
Hidden Markov model (HMM) is a statistical signal prediction model, which has been widely used to predict economic regimes and stock prices. In this paper, we introduce the application ofHMMin trading stocks (with S&P 500 index being an example) based on the stock price predictions. The...
Persistent link: https://www.econbiz.de/10011883487