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Delay bounds based constraint distribution method

โœ Scribed by Verle, A.; Michel, X.; Maurine, P.; Azemard, N.; Auvergne, D.


Book ID
114448672
Publisher
The Institution of Electrical Engineers
Year
2005
Tongue
English
Weight
154 KB
Volume
152
Category
Article
ISSN
1350-2387

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Bounded continuously distributed delays
โœ Carl Chiarella; Ferenc Szidarovszky ๐Ÿ“‚ Article ๐Ÿ“… 2003 ๐Ÿ› Elsevier Science ๐ŸŒ English โš– 672 KB

This paper introduces a way of modelling bounded continuously distributed time lags in dynamic economic models. Past data are averaged only over a bounded interval thus avoiding the use of very old (''stale'') economic data and hence making dynamic economic models more realistic. Dynamic oligopolies