Modeling, Estimation and Control for Business and Economic Systems PDF Download

Author: S. Constantin Abena-Ondoa
Publisher:
ISBN:
Category :
Languages : en
Pages : 458

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Author: Igor N. Sinitsyn
Publisher:
ISBN:
Category : Electronic books
Languages : en
Pages : 0

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Book Description
Theoretical propositions of new probabilistic methodology of analysis, modeling, estimation and control in stochastic organizational-technical-economic systems (OTES) based on stochastic CALS informational technologies are considered. Stochastic integrated logistic support (ILS) of OTES modeling life cycle (LC), stochastic optimal of current state estimation in stochastic media defined by internal and external noises (including specially organized OTES-NS (noise support) and stochastic OTES optimal control) according to social-technical-economic-support criteria in real time by informational-analytical tools (IAT) of global type are presented. OTES-CALS are nonlinear and continuous-discrete. So we use approximate methods of normal approximation of probabilistic densities both for modeling and estimation. Spectrum of possibilities may be broaden by solving problems of OTES-CALS integration for existing markets of finances, goods and services. Analytical modeling, analysis, parametric optimization and optimal stochastic processes regulation in limits of illustrate some technologies and IAT given plans.

Author: G.B. DiMasi
Publisher: Springer Science & Business Media
ISBN: 1461204437
Category : Science
Languages : en
Pages : 478

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Book Description
This volume contains the papers that have been presented at the Conference on Modeling and Control of Uncertain Systems held in Sopron, Hungary on September 3-7, 1990, organised within the framework of the activities of the System and Decision Sciences Program of IIASA - the International Institute for Applied Systems Analysis. The importance of the subject has drawn the attention of researchers all over the world since several years. In fact, in most actual applications the knowledge about the system under investigation presents aspects of uncertainty due to measurement errors or poor understanding of the rele vant underlying mechanisms. For this reason models that take into account these intrinsic uncertainties have been used and techniques for the analysis of their behavior as well as for their estimation and control have been devel oped. The main ways to deal with uncertainty consist in its description by stochastic processes or in terms of set-valued dynamics and this volume col lects relevant contributions in both directions. However, in order to avoid undesirable distinctions between these approaches, but on the contrary to stress the unity of ideas, we decided to organize the papers according to the alphabetical order of their authors. We should like to take this opportunity to thank IIASA for supporting the Conference and the Hungarian National Member Organization for the kind hospitality in Sopron. Finally we would like to express our gratitude to Ms. Donna Huchthausen for her valuable secretarial assistance. Vienna, February 20, 1991 GIOVANNI B.

Author: R. Neck
Publisher: Elsevier
ISBN: 008053659X
Category : Business & Economics
Languages : en
Pages : 443

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Book Description
This volume contains papers presented at the IFAC symposium on Modeling and control of Economic Systems (SME 2001), which was held at the university of Klagenfurt, Austria. The symposium brought together scientists and users to explore current theoretical developments of modeling techniques for economic systems. It contains a section of plenary, invited and contributed papers presented at the SME 2001 symposium. The papers presented in this volume reflect advances both in methodology and in applications in the area of modeling and control of economic systems.

Author: Matthias Ruth
Publisher: Springer Science & Business Media
ISBN: 1461422094
Category : Business & Economics
Languages : en
Pages : 324

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Book Description
This book explores the dynamic processes in economic systems, concentrating on the extraction and use of the natural resources required to meet economic needs. Sections cover methods for dynamic modeling in economics, microeconomic models of firms, modeling optimal use of both nonrenewable and renewable resources, and chaos in economic models. This book does not require a substantial background in mathematics or computer science.

Author: Gerhard Tintner
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 482

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Book Description
Economic models and applications; Estimation of econometric models; Stochastic programming methods in economic models.

Author: Cars Hommes
Publisher: Elsevier
ISBN: 0444641327
Category : Business & Economics
Languages : en
Pages : 836

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Book Description
Handbook of Computational Economics: Heterogeneous Agent Modeling, Volume Four, focuses on heterogeneous agent models, emphasizing recent advances in macroeconomics (including DSGE), finance, empirical validation and experiments, networks and related applications. Capturing the advances made since the publication of Volume Two (Tesfatsion & Judd, 2006), it provides high-level literature with sections devoted to Macroeconomics, Finance, Empirical Validation and Experiments, Networks, and other applications, including Innovation Diffusion in Heterogeneous Populations, Market Design and Electricity Markets, and a final section on Perspectives on Heterogeneity. Helps readers fully understand the dynamic properties of realistically rendered economic systems Emphasizes detailed specifications of structural conditions, institutional arrangements and behavioral dispositions Provides broad assessments that can lead researchers to recognize new synergies and opportunities

Author: K. A. S. Fox
Publisher:
ISBN: 9783642461996
Category : Gardening
Languages : en
Pages : 0

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Book Description
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."

Author: John V. Farr
Publisher: CRC Press
ISBN: 1439828911
Category : Technology & Engineering
Languages : en
Pages : 318

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Book Description
Although technology and productivity has changed much of engineering, many topics are still taught in very similarly to how they were taught in the 70s. Using a new approach to engineering economics, Systems Life Cycle Costing: Economic Analysis, Estimation, and Management presents the material that a modern engineer must understand to work as a practicing engineer conducting economic analysis. Organized around a product development process that provides a framework for the material, the book presents techniques such as engineering economics and simulation-based costing (SBC), with a focus on total life cycle understanding and perspective and introduces techniques for detailed analysis of modern complex systems. The author includes rules of thumb for estimation grouped with the methods, processes, and tools (MPTs) for conducting a detailed engineering buildup for costing. He presents the estimating costing of complex systems and software and then explores concepts such as design to cost (DTC), cost as an independent variable (CAIV), the role of commercial off-the-shelf technology, cost of quality, and the role of project management in LCC management. No product or services are immune from cost, performance, schedule, quality, risks, and tradeoffs. Yet engineers spend most of their formal education focused on performance and most of their professional careers worrying about resources and schedule. Too often, the design stage becomes about the technical performance without considering the downstream costs that contribute to the tota1 life cycle costs (LCC) of a system. This text presents the methods, processes, and tools needed for the economic analysis, estimation, and management that bring these costs in line with the goals of pleasing the customer and staying within budget.

Author: Ray C. Fair
Publisher: Harvard University Press
ISBN: 9780674831803
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
This book gives a practical, applications-oriented account of the latest techniques for estimating and analyzing large, nonlinear macroeconomic models. Ray Fair demonstrates the application of these techniques in a detailed presentation of several actual models, including his United States model, his multicountry model, Sargent's classical macroeconomic model, autoregressive and vector autoregressive models, and a small (twelve equation) linear structural model. He devotes a good deal of attention to the difficult and often neglected problem of moving from theoretical to econometric models. In addition, he provides an extensive discussion of optimal control techniques and methods for estimating and analyzing rational expectations models. A computer program that handles all the techniques in the book is available from the author, making it possible to use the techniques with little additional programming. The book presents the logic of this program. A smaller program for personal microcomputers for analysis of Fair's United States model is available from Urban Systems Research & Engineering, Inc. Anyone wanting to learn how to use large macroeconomic models, including researchers, graduate students, economic forecasters, and people in business and government both in the United States and abroad, will find this an essential guidebook.