SPECIFICATION METHODS OF ECONOMIC PROCESSES
Journal Title: Journal of Applied Quantitative Methods - Year 2013, Vol 8, Issue 4
Abstract
This paper present the stages by which we associate a formal language of a economic process. It proposes the use of a mathematical model, described as a graph, for the specification of business processes such as: investments, organization of production, activities of economic analysis. It deals with those economic problems that may be put into formal practice when there is no possibility of using one of the known techniques, or when we are modeling a business process, a manufacturing process etc.
Authors and Affiliations
Ion IVAN, Laurentiu CIOVICĂ, Liviu CIOVICĂ
Keywords
Related Articles
- EP ID EP110151
- DOI -
- Views 109
- Downloads 0
Bootstrap and Jackknife Resampling Algorithms for Estimation of Regression Parameters
In this paper, the hierarchical ways for building a regression model by using bootstrap and jackknife resampling methods were presented. Bootstrap approaches based on the observations and errors resampling, and jackknife...
DEPENDENT-ALPHA CALCULATOR: TESTING THE DIFFERENCES BETWEEN DEPENDENT COEFFICIENTS ALPHA
Coefficient alpha (α) was first introduced by Lee J. Cronbach in 1951 and since then it continues to serve as a valuable index of reliability within different areas of research. According to the Social Sciences Citation...
THE SPENDING EXPLOSION: POSITIONAL EXTERNALITIES AND EXPONENTIAL CONSUMPTION GROWTH
Since the 1960s, The United States has experienced increased income inequality. Economist Robert Frank has argued that this increase in inequality has resulted in an expenditure cascade as people have tried to maintain t...
Tendencies of International Career of Romanian Researchers: Brain Drain?
Recent economic and technological developments have led to a growing international demand for highly skilled human resources. The increased competition for human capital has determined numerous OECD countries to take spe...
Generalized Burr-Hatke Equation as Generator of a Homographic Failure Rate
Starting from a generalized form of Burr-Hatke differential equation namely dϕ / dx = u(x) ⋅ϕ [sup]a[/sup] + v(x) ⋅ϕ [sup]b[/sup] (see for details [18]), we obtain – for peculiar choices of u, v, a and b – as a solutio...