搜索结果: 1-15 共查到“经济学 Dynamic”相关记录101条 . 查询时间(0.211 秒)
Determining the optimal selling time of cattle:A stochastic dynamic programming approach
decision analysis farm management simulation
2016/11/11
The world meat market demands competitiveness, and optimal livestock replacement decisions can help to achieve this goal. In the article, there is introduced a novel discrete stochastic dynamic progra...
Dynamic modelling in loss frequency and severity estimated:Evidence from the agricultural rice loss due to typhoons in Taiwan
BDS statistics chaotic behaviour logistic and exponential smooth transition autoregressive models
2016/3/24
The paper first adopt the BDS test to show that the BDS statistics of the time series of typhoons is a chaotic behaviour while the associated rice damage is random. The authors’ investigations show th...
A Model of Dynamic Limit Pricing with an Application to the Airline Industry
entry deterrence limit pricing asymmetric information airlines
2015/9/24
Theoretical models of strategic investment often assume that information is asymmetric, creating incentives forincumbent firms to signal information to deter entry or encourage exit. However, the simp...
Dynamic Pricing Behavior in Perishable Goods Markets:Evidence from Secondary Markets for Major League Baseball Tickets
Dynamic Pricing Behavior Perishable Goods Markets Secondary Markets Major League Baseball Tickets
2015/9/24
Sellers of perishable goods increasingly use dynamic pricing strategies as technology makes it easier to change prices and track inventory. This paper tests how accurately theoretical models of dynami...
Repeated Signalling Games and Dynamic Trading Relationships
Repeated signalling games refinements of equilibria bilateral monopoly bargaining ratchet effect
2015/9/23
A seller of a nondurable good repeatedly faces a buyer who is privately informed about the position of his demand curve. The seller offers a price in each period. The buyer chooses a quantitygiven the...
The Macroeconomy and the Yield Curve:A Dynamic Latent Factor Approach
Term structure interest rates macroeconomic fundamentals factor model state-space model
2015/9/18
We estimate a model that summarizes the yield curve using latent factors (specifically, level,slope, and curvature) and also includes observable macroeconomic variables (specifically, real activity,in...
We develop a framework to study the effects of policies of uncertain duration on consumption dynamics under both complete and incomplete markets. We focus on the dynamic implications of market incompl...
Obtaining Analytic Derivatives for a Class of Discrete-Choice Dynamic Programming Models
Analytic Derivatives Discrete-Choice Dynamic Programming Models
2015/9/18
This paper shows how to recursively calculate analytic first and second derivatives of the likelihood function generated by a popular version of a discrete-choice, dynamic programming model, allowing ...
On An Efficient Two-Step Estimator for Dynamic Simultaneous Equation Models with Autoregressive Errors
Dynamic Simultaneous Equation Models Autoregressive Errors
2015/8/5
On An Efficient Two-Step Estimator for Dynamic Simultaneous Equation Models with Autoregressive Errors.
Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
Solution and Maximum Likelihood Estimation of Dynamic Nonlinear Rational Expectations Models
2015/8/5
A solution method and an estimation method for nonlinear rational expectations
models are presented in this paper. The solution method can be used in forecasting and
policy applications and can hand...
Do Residential Customers Respond to Hourly Prices? Evidence from a Dynamic Pricing Experiment
Hourly Prices Dynamic Pricing Experiment
2015/7/31
Widespread participation of retail electricity
consumers in short-term wholesale electricity
markets throughout the United States is rapidly
becoming technologically feasible. A number
of juri...
Working Over Time:Dynamic Inconsistency in Real Effort Tasks
Time Discounting Demand for Commitment Real Effort Convex Time Budget
2015/7/23
Experimental tests of dynamically inconsistent time preferences have largely relied on choices over time-dated monetary rewards. Several recent studies have failed to find the standard patterns of pre...
Solving nonlinear dynamic stochastic models: An algorithm computing value function by simulations
Nonlinear stochastic models Value function Parameterized expectations Monte Carlo simulations Numerical solutions
2015/7/21
This paper presents an algorithm for solving nonlinear dynamic stochastic models that computes value function by simulations. We argue that the proposed algorithm can be a useful alternative to the ex...
Numerically stable and accurate stochastic simulation approaches for solving dynamic economic models
Numerical stability accurate stochastic simulation method the dynamic economic model
2015/7/21
Numerically stable and accurate stochastic simulation approaches for solving dynamic economic models.
Envelope condition method versus endogenous grid method for solving dynamic programming problems
Hoover Institution, Stanford University, USA University of Alicante, Spain
2015/7/21
We introduce an envelope condition method (ECM) for solving dynamic programming problems. The ECM method is simple to implement, dominates conventional value function iteration and is comparable in ac...