Offline Version:PDF Termmarket-oriented economyDefinition: A mixed economy that relies heavily on markets to answer the three basic questions of allocation, but with a modest amount of government involvement. While it is commonly termed capitalism, market-oriented economy is much more descriptive of ...
This study examines whether the Bitcoin market satisfies the (weak-form) efficient market hypothesis using a quantum harmonic oscillator, which provides the state-specific probability density functions that capture the superimposed Gaussian and non-Gauss
dynamics of stock markets is a collective phenomenon that can drive the entire financial system to operate at a very high level of informational efficiency—a level that might be unattainable by any other means—but that also places the entire system under continuous and systemic risk of failure....
Environmental regulations and the problem of sustainability: moving beyond “market failure” Ecol. Econ., 63 (4) (2007), pp. 676-683 View PDFView articleView in ScopusGoogle Scholar BVG Associates, 2012 BVG Associates , 2012. Towards round 3: building the offshore wind supply chain (A revi...
Definition 1. A steady-state equilibrium describes the distribution of matches in the economy (m11, m21, m12, m22), the wage rates (w11, w21, w12, w22), the value functions associated with each state for each firm type (J11, J12, J21, J22, V1, V2) and for each worker type (...
whereyis the prediction value generated as the outcome of the modeling result. The business target determines the success and failure of the company. Experiments In this section, we first describe the benchmark data and the experimentation settings and then report the results and comparisons of sev...
We must have a good definition of Money, For if we do not, then what have we got, But a Quantity Theory of no-one knows what, And that would be almost to true to be funny. Now, Banks secrete something, like bees secrete honey; ...
4.1.1. Definition of idealistic assumptions As discussed in the Introduction, it is often regarded as well-established that the long-run optimum can in principle be decentralized through competitive market prices. Although the prerequisites are regularly stated in general and concise terms (e.g., ...
In an increasingly connected global market, news sentiment towards one company may not only indicate its own market performance, but can also be associated with a broader movement on the sentiment and performance of other companies from the same or even
A loose definition describes an incentive-based regulation scheme as any model where the regulator delegates certain pricing decisions to the firm and that the firm can reap profit increases from cost reduction (Vogelsang, 2002). Price-cap regulation has typically been regarded as the initial incenti...