Download or read book Economic Models Estimation and Risk Programming Essays in Honor of Gerhard Tintner written by K. A. Fox and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 474 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays in honor of Professor Gerhard Tintner are substantive contributions to three areas of econometrics, (1) economic models and applications,. (2) estimation, and (3) stochastic programming, in each of which he has labored with outstanding success. His own work has extended into multivariate analysis, the pure theory of decision-making under un certainty, and other fields which are not touched upon here for reasons of space and focus. Thus, this collection is appropriate to his interests but covers much less than their full range. Professor Tintner's contributions to econometrics through teaching, writing, editing, lecturing and consulting have been varied and inter national. We have tried to highlight them in "The Econometric Work of Gerhard Tintner" and to place them in historical perspective in "The Invisible Revolution in Economics: Emergence of a Mathematical Science. " Professor Tintner's career to date has spanned the organizational life of the Econometric Society and his contributions have been nearly coextensive with its scope. His principal books and articles up to 1968 are listed in the "Selected Bibliography. " Professor Tintner's current research involves the intricate problems of specification and application of stochastic processes to economic systems, particularly to growth, diffusion of technology, and optimal control. As always, he is moving with the econometric frontier and a portion of the frontier is moving with him. IV Two of the editors wrote dissertations under Professor Tintner's sup- vision; the third knew him as a colleague and friend.

Download or read book Economic models estimation and risk programming essays in honor of G Tintner written by and published by . This book was released on with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Models Estimation and Risk Programming written by and published by . This book was released on 1960 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Economic Models Estimation and Risk Programming written by K. A. S. Fox and published by . This book was released on 1969 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: These essays in honor of Professor Gerhard Tintner are substantive contributions to three areas of econometrics, (1) economic models and applications, . (2) estimation, and (3) stochastic programming, in each of which he has labored with outstanding success. His own work has extended into multivariate analysis, the pure theory of decision-making under un certainty, and other fields which are not touched upon here for reasons of space and focus. Thus, this collection is appropriate to his interests but covers much less than their full range. Professor Tintner's contributions to econometrics through teaching, writing, editing, lecturing and consulting have been varied and inter national. We have tried to highlight them in "The Econometric Work of Gerhard Tintner" and to place them in historical perspective in "The Invisible Revolution in Economics: Emergence of a Mathematical Science. " Professor Tintner's career to date has spanned the organizational life of the Econometric Society and his contributions have been nearly coextensive with its scope. His principal books and articles up to 1968 are listed in the "Selected Bibliography. " Professor Tintner's current research involves the intricate problems of specification and application of stochastic processes to economic systems, particularly to growth, diffusion of technology, and optimal control. As always, he is moving with the econometric frontier and a portion of the frontier is moving with him. IV Two of the editors wrote dissertations under Professor Tintner's sup- vision; the third knew him as a colleague and friend."

Download or read book Economics Models Estimation and Risk Programming written by Jati Kumar Sengupta and published by . This book was released on 1969 with total page 461 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Problems and Instruments of Business Cycle Analysis written by W.H. Strigel and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 433 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every two years the members of GIRET (= Centre for International Re search on Economic Tendency Surveys) meet at conferences in order to promote the scientific discussion and to encourage the exchange of ideas. CIRET is an international study group for research in the field of business cycle surveys. CIRET was founded in 1960 and has at present about 350 full and corresponding members in 35 different coun tries. The members either carry out business, investment or consumer 1 surveys or are working on a practical or methodological level with the results of such surveys. The most important topics of the GIRET conferences are the predictive value of survey data as trade cycle indicators, the utilization of qualitative data in econometric models, forecasts of capital expenditures based on plans of private companies, the usefulness of consumer surveys for trade cycle analyses. In September 1977 the 13th CIRET Conference took place in Munich. On the occasion of the three-day conference 27 papers were presented.

Download or read book Theory of the Price Index written by W. Eichhorn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: We wish to thank Georg Hasenkamp for valuable comments on an earlier draft of the manuscript and Steven Diamond for his kindness in reading the manu script and providing advice regarding the style of the exposition. We are also grateful to Miss Ingeborg Kasper for her careful typing of the manu script. Contents 1. Introduction 4 2. Price Indices Depending only on Prices 2. 1 Definition, Examples, Implications 4 2. 2 Characterizations of Pri~e Indices 15 3. Price Indices Depending on Prices and Quantities 22 3. 1 Definition, Examples 23 3. 2 Fisher's System of Tests 29 3. 3 Implications and Characterizations 35 3. 4 Independence and Inconsistency of Fisher's Tests 44 3. 5 General Solution of the Inconsistency Problem 54 4. Price Levels, Price Indices, and Fisher's Equation 59 of Exchange 4. 1 Definition, Examples, Implications 60 4. 2 Characterizations of Price Levels 64 4. 3 Fisher's Equation of Exchange Reconsidered 72 Bibliography 5. 83 6. Index 88 1. Introduction In the face of the economic, political, and social problems resul ting from world-wide inflation, theories of the price index have gained new attention. This newfound interest in price indices stems from the fact that all such indices are designed to serve as yardsticks for measuring the price behavior of goods and services. That is, all price indices relate to the concept of the 'purchasing power of money'. If prices increase, then the value of the unit of money declines, i. e.

Download or read book Foundations of System Theory Finitary and Infinitary Conditions written by Brian D.O. Anderson and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 104 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper is one of a series in which the ideas of category theory are applied to problems of system theory. As with the three principal earlier papers, [1-3], the emphasis is on study of the realization problem, or the problem of associating with an input-output description of a system an internal description with something analogous to a state-space. In this paper, several sorts of machines will be discussed, which arrange themselves in the following hierarchy: Input process Machine Output process (Tree automaton) Machine ~ ~ State-behavior Machine I Adjoint Machine .(Sequential Machine) ., I Decomposable Machine (Linear System, Group Machine) Each member of the hierarchy includes members below it; examples are included in parentheaes, and each example is at its lowest possible point in the hierarchy. There are contrived examples of output process machines and IV state-behavior machines which are not adjoint machines [3], but as yet, no examples with the accepted stature of linear systems [4], group machines [5, 6], sequential machines [7, Ch. 2], and tree automata [7, Ch. 4].

Download or read book Multiple Criteria Problem Solving written by S. Zionts and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this conference was to foster a healthy exchange of ideas and experience in the domain of multiple criteria problem solving. This conference was an outgrowth of an earlier conference I organized with Herve Thiriez at CESA, Jouy-en-Josas, France in 1975 during my stay at the European Institute in Brussels. When I re joined the State University of New York at Buffalo that year, I be gan to search for potential sponsors for this conference. Approxi mately one year later when the prospects began to look promising, I contacted several individuals to act as an informal coordinating committee for the conference. I wanted to avoid biasing the con ference completely to my way of thinking! The members of this committee were Jim Dyer, Peter Fishburn, Ralph Kee. ney, Bernard Roy (Universite de Paris IX Dauphine who was unable to participate in the conference), and Milan Zeleny. Though the committee did not meet, per se, their inputs regarding format, possible participants, number of participants, length of the conference, and so on were of great value to me in planning and organizing the conference. I wish to acknowledge the contributions of this group. We were most fortunate in obtaining the financial support of the European Institute for Advanced Studies in Management, Brussels ·(one of the sponsors of the Jouy-en-Josas conference), the Office of Naval Research, and the State University of New York at Buffalo.

Download or read book An Index and Other Useful Information written by A. Dold and published by Springer. This book was released on 2013-12-11 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Computing Methods in Applied Sciences and Engineering written by R. Glowinski and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 394 pages. Available in PDF, EPUB and Kindle. Book excerpt: IRIA LABORIA, Institut de Recherche d'Informatique et d'Automatique

Download or read book Multiple Criteria Decision Making written by H. Thiriez and published by Springer Science & Business Media. This book was released on 2013-04-17 with total page 419 pages. Available in PDF, EPUB and Kindle. Book excerpt: The conference was organized in order to assemble a group of researchers and practitioners in the area of Multiple Criteria Decision Making. The purpose was to discuss the current state of the art with respect to both theory and practice. This conference considered such points as recent t_heoretical developments in terms of models, the behavioral aspects of multiple criteria decision making, as well as practical applications already realized and 1n progress. In addition, there was interest in the problems of implementation of multiple-criteria methods, and the interface between theory and practice, Approximately 78 participants from 15 different countries attended the conference - both theorists and practitioners. A list of participants and their addresses is found on page 411 • Because of the relatively large number of papers presented, large morning sessions followed by smaller parallel afternoon sessions were employed'. In general a discussant commented on each paper. In addition, considerable time was reserved for small-group discussion and interaction. In addition to expressing our gratitude to the participants for their enthusiastic reception and participation in the conference, we want. to thank particularly the speakers, session chairmen and discussants. We also wish to thank the C.E.S.A. and the European Institute for their support, as well as Mrs. Randee Pomerantz and Miss Dina Nagler.~oth of the E.I.A.S.M.,for their active role in the organization and arrangements for the conference, and Mrs. Jessie Goveas, E.I.A.S.M. for typing the conference proceedings.

Download or read book Optimization and Operations Research written by W. Oettli and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 310 pages. Available in PDF, EPUB and Kindle. Book excerpt: The variable metric algorithm is widely recognised as one of the most efficient ways of solving the following problem:- Locate x* a local minimum point n ( 1) of f(x) x E R Considerable attention has been given to the study of the convergence prop- ties of this algorithm especially for the case where analytic expressions are avai- ble for the derivatives g. = af/ax. i 1 ••• n • (2) ~ ~ In particular we shall mention the results of Wolfe (1969) and Powell (1972), (1975). Wolfe established general conditions under which a descent algorithm will converge to a stationary point and Powell showed that two particular very efficient algorithms that cannot be shown to satisfy \,olfe's conditions do in fact converge to the minimum of convex functions under certain conditions. These results will be st- ed more completely in Section 2. In most practical problems analytic expressions for the gradient vector g (Equ. 2) are not available and numerical derivatives are subject to truncation error. In Section 3 we shall consider the effects of these errors on Wolfe's convergent prop- ties and will discuss possible modifications of the algorithms to make them reliable in these circumstances. The effects of rounding error are considered in Section 4, whilst in Section 5 these thoughts are extended to include the case of on-line fu- tion minimisation where each function evaluation is subject to random noise.

Download or read book Optimization and Operations Research written by R. Henn and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Multiple Objective Decision Making Methods and Applications written by C.-L. Hwang and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 366 pages. Available in PDF, EPUB and Kindle. Book excerpt: Decision making is the process of selecting a possible course of action from all the available alternatives. In almost all such problems the multiplicity of criteria for judging the alternatives is pervasive. That is, for many such problems, the decision maker (OM) wants to attain more than one objective or goal in selecting the course of action while satisfying the constraints dictated by environment, processes, and resources. Another characteristic of these problems is that the objectives are apparently non commensurable. Mathematically, these problems can be represented as: (1. 1 ) subject to: gi(~) ~ 0, ,', . . . ,. ! where ~ is an n dimensional decision variable vector. The problem consists of n decision variables, m constraints and k objectives. Any or all of the functions may be nonlinear. In literature this problem is often referred to as a vector maximum problem (VMP). Traditionally there are two approaches for solving the VMP. One of them is to optimize one of the objectives while appending the other objectives to a constraint set so that the optimal solution would satisfy these objectives at least up to a predetermined level. The problem is given as: Max f. ~) 1 (1. 2) subject to: where at is any acceptable predetermined level for objective t. The other approach is to optimize a super-objective function created by multiplying each 2 objective function with a suitable weight and then by adding them together.

Download or read book Energy Regional Science and Public Policy written by M. Chatterji and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 328 pages. Available in PDF, EPUB and Kindle. Book excerpt: For the last three decades, space has become a significant dimension in social science analysis. In many developed countries, economic growth is slowing down, and in some cases restrained, due to environmental considerations, and the real question is the optimum spread of development over space rather than the growth over time. In the developing countries, limited and uneven distribution of population and resources, and the existence of heterogenous groups, highlighted the need of balanced regional development. The energy cl~sis and the realization that energy resources are very limited and unequally distributed have further emphasized its importance. The expected impact and relocation due to energy shortages will have a crucial spatial dimension since manufacturing and service activities dependent on energy are concentrated in a few metropolitan regions connected by transportation, 'communication and cultural factors. Regional environ ment is also dependent on the spatial juxtaposition of activities and energy use. The papers included in this volume address some of these considerations. They were presented in the International Conference on Regional Science, Energy and Environment, held at Katholieke Universiteit te Leuven, Belgium, on May 1975. A second volume titled Environment, Regional Science and Interregional Modeling published also by Springer-Verlag contains research papers related to environment and space. This book does not concern all facets of the energy situation. In fact, contributions on major oil producing countries, U. S. S. R. , East European and developing countries are not represented.

Download or read book Some Aspects of the Foundations of General Equilibrium Theory written by P.J. Kalman and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 174 pages. Available in PDF, EPUB and Kindle. Book excerpt: In a wide number of economic problems the equilibrium values of the variables can be regarded as solutions of a parametrized constrained maximization problem. This occurs in static as well as dynamic models; in the latter case the choice variables are often paths in certain function spaces and thus can be regarded as points in infinite dimensional spaces. It is sometimes possible to determine qualitative properties of the solutions with respect to changes in the parameters of the model. The study of such properties is often called comparative statics; [15], [2], and [10]. Certain comparative static properties of the maxima have proven to be of particular importance for economic theory, since the works of Slutsky, Hicks, and Samuelson [15]: they have been for- lated in terms of synunetry and negative semidefiniteness of a matrix, called the Slutsky-Hicks-Samuelson matrix. A discussion of this matrix and its applications is given in Section 1. The study of these properties in economic theory, however, has so far been restricted to static models where the choice variable and the parameters are elements in Euclidean spaces, and where there is only one constraint.