Results 1 - 10 of 64,212

The Nash Bargaining Solution in Economic Modeling

by Ken Binmore, Ariel Rubinstein, Asher Wolinsky - Rand Journal of Economics , 1986
"... This article establishes the relationship between the static axiomatic theory of bargaining and the sequential strategic approach to bargaining. We consider two strategic models of alternating offers. The models differ in the source of the incentive of the bargaining parties to reach agreement: the ..."
Abstract - Cited by 563 (1 self) - Add to MetaCart
: the bargainers ' time preference and the risk of breakdown of negotiation. Each of the models has a unique perfect equilibrium. When the motivation to reach agreement is made negligible, in each model the unique perfect equilibrium outcome approaches the Nash bargaining solution, with utilities that reflect

National debt in a neoclassical growth model.'

by Peter A Diamond - American Economic Review,
"... This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without durable ..."
Abstract - Cited by 698 (0 self) - Add to MetaCart
This paper contains a model designed to serve two purposes, to examine long-run competitive equilibrium in a growth model and then to explore the effects on this equilibrium of government debt. Samuelson [8] has examined the determination of interest rates in a singlecommodity world without

A modular three-dimensional finite-difference ground-water flow model

by Model (michael Mcdonald, Arlen Harbaugh - U.S. Geological Survey Techniques of WaterResources Investigations Book 6, Chapter A1 , 1988
"... The primary objective of this course is to discuss the principals of finite difference methods and their applications in groundwater modeling. The emphasis of the class lectures is on the theoretical aspects of numerical modeling (finite difference method). Steps involved in simulation of groundwate ..."
Abstract - Cited by 508 (5 self) - Add to MetaCart
of groundwater systems under various initial/boundary conditions and management schemes will be practiced. The emphasis of the student presentations will be based on published papers concerning the applied aspects of groundwater computer modeling utilizing finite difference and analytical computer models

LogP: Towards a Realistic Model of Parallel Computation

by David Culler , Richard Karp , David Patterson, Abhijit Sahay, Klaus Erik Schauser, Eunice Santos, Ramesh Subramonian, Thorsten von Eicken , 1993
"... A vast body of theoretical research has focused either on overly simplistic models of parallel computation, notably the PRAM, or overly specific models that have few representatives in the real world. Both kinds of models encourage exploitation of formal loopholes, rather than rewarding developme ..."
Abstract - Cited by 560 (15 self) - Add to MetaCart
the computing bandwidth, the communication bandwidth, the communication delay, and the efficiency of coupling communication and computation. Portable parallel algorithms typically adapt to the machine configuration, in terms of these parameters. The utility of the model is demonstrated through examples

MACROECONOMICS AND REALITY

by Christopher A. Sims - ECONOMETRICA , 1980
"... Existing strategies for econometric analysis related to macroeconomics are subject to a number of serious objections, some recently formulated, some old. These objections are summarized in this paper, and it is argued that taken together they make it unlikely that macroeconomic models are in fact ov ..."
Abstract - Cited by 805 (1 self) - Add to MetaCart
Existing strategies for econometric analysis related to macroeconomics are subject to a number of serious objections, some recently formulated, some old. These objections are summarized in this paper, and it is argued that taken together they make it unlikely that macroeconomic models are in fact

MIXED MNL MODELS FOR DISCRETE RESPONSE

by Daniel Mcfadden, Kenneth Train - JOURNAL OF APPLIED ECONOMETRICS J. APPL. ECON. 15: 447--470 (2000) , 2000
"... This paper considers mixed, or random coefficients, multinomial logit (MMNL) models for discrete response, and establishes the following results. Under mild regularity conditions, any discrete choice model derived from random utility maximization has choice probabilities that can be approximated as ..."
Abstract - Cited by 487 (15 self) - Add to MetaCart
This paper considers mixed, or random coefficients, multinomial logit (MMNL) models for discrete response, and establishes the following results. Under mild regularity conditions, any discrete choice model derived from random utility maximization has choice probabilities that can be approximated

USER ACCEPTANCE OF INFORMATION TECHNOLOGY: TOWARD A UNIFIED VIEW

by Viswanath Venkatesh, Michael G. Morris, Gordon B. Davis, Fred D. Davis , 2003
"... Information technology (IT) acceptance research has yielded many competing models, each with different sets of acceptance determinants. In this paper, we (1) review user acceptance literature and discuss eight prominent models, (2) empirically compare the eight models and their extensions, (3) formu ..."
Abstract - Cited by 1807 (10 self) - Add to MetaCart
acceptance model and the theory of planned behavior, the model of PC utilization, the innovation diffusion theory, and the social cognitive theory. Using data from four organizations over a six-month period with three points of measurement, the eight models explained between 17 percent and 53 percent

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

by Lawrence J. Christiano, Martin Eichenbaum, Charles L. Evans , 2003
"... We present a model embodying moderate amounts of nominal rigidities that accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features, th ..."
Abstract - Cited by 1340 (42 self) - Add to MetaCart
We present a model embodying moderate amounts of nominal rigidities that accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these features

Probabilistic Latent Semantic Indexing

by Thomas Hofmann , 1999
"... Probabilistic Latent Semantic Indexing is a novel approach to automated document indexing which is based on a statistical latent class model for factor analysis of count data. Fitted from a training corpus of text documents by a generalization of the Expectation Maximization algorithm, the utilized ..."
Abstract - Cited by 1225 (10 self) - Add to MetaCart
Probabilistic Latent Semantic Indexing is a novel approach to automated document indexing which is based on a statistical latent class model for factor analysis of count data. Fitted from a training corpus of text documents by a generalization of the Expectation Maximization algorithm, the utilized

Quantal Response Equilibria For Normal Form Games

by Richard D. McKelvey, Thomas R. Palfrey - NORMAL FORM GAMES, GAMES AND ECONOMIC BEHAVIOR , 1995
"... We investigate the use of standard statistical models for quantal choice in a game theoretic setting. Players choose strategies based on relative expected utility, and assume other players do so as well. We define a Quantal Response Equilibrium (QRE) as a fixed point of this process, and establish e ..."
Abstract - Cited by 647 (28 self) - Add to MetaCart
We investigate the use of standard statistical models for quantal choice in a game theoretic setting. Players choose strategies based on relative expected utility, and assume other players do so as well. We define a Quantal Response Equilibrium (QRE) as a fixed point of this process, and establish
Results 1 - 10 of 64,212