Dynamic Adjustment in Demand Equations

1997 ◽  
Vol 12 (3) ◽  
pp. 221-237 ◽  
Author(s):  
FRANK ASCHE
Keyword(s):  
Dynamic Adjustment ◽  
Demand Equations

Dynamic adjustment of emission from both singlets and triplets: the role of excited state conformation relaxation and charge transfer in phenothiazine derivates

2021 ◽  
Author(s):  
Weidong Qiu ◽  
Xinyi Cai ◽  
Mengke Li ◽  
Liangying Wang ◽  
Yanmei He ◽  
...  
Keyword(s):  
Excited State ◽  
Charge Transfer ◽  
Intramolecular Charge Transfer ◽  
Dynamic Adjustment ◽  
Twisted Intramolecular Charge Transfer

Dynamic adjustment of emission behaviours by controlling the extent of twisted intramolecular charge transfer character in excited state.

Competitive and Complementary Relations in International Travel: The Case of British Travel to Cyprus

2019 ◽  
Vol 10 (5) ◽  
pp. 395-420
Author(s):  
Petros Anastasopoulos ◽  
Keyword(s):  
Strong Association ◽  
International Travel ◽  
Relative Price ◽  
Annual Data ◽  
Export Demand ◽  
Relative Prices ◽  
Vector Error Correction ◽  
Vector Error ◽  
The Mediterranean ◽  
Demand Equations

This is an econometric analysis of demand for travel to Cyprus by Britons. We examined the competitive and complementary relations between travel to Cyprus and other well-established travel destinations in the Mediterranean basin. Because many package tours include several countries in their destinations within a given journey, and because individual travelers find it more advantageous to visit more than one country in a single trip, it may be meaningful to examine international travel within the contest of groups of countries rather than a single country competing for international travelers. Specifically, we provide an analysis of the competitive and complementary relations existing between the tourism sectors of Cyprus and that of Greece, Spain and Portugal for British travelers. We provide estimates of income and relative price elasticities based of export demand equations upon annual data from 1980-2016. We tested for the stationarity of the variables and derived estimates of the Vector Error Correction Model (VECM). These tests confirm a strong association between the incomes of Britons and their decision to travel to Cyprus. Furthermore, we show the relative prices between Cyprus and other competing destinations in the Mediterranean to play an important role in determining British travel to Cyprus.

scholarly journals Dynamic Adjustment Mechanism and Differential Game Model Construction of Mask Emergency Supply Chain Cooperation Based on COVID-19 Outbreak

2021 ◽  
Vol 13 (3) ◽  
pp. 1115
Author(s):  
Shufan Zhu ◽  
Kefan Xie ◽  
Ping Gui
Keyword(s):  
Supply Chain ◽  
Differential Game ◽  
Production Technology ◽  
Wholesale Price ◽  
Transfer Payment ◽  
Dynamic Adjustment ◽  
Supply Chain System ◽  
Government Subsidies ◽  
Technology Investment ◽  
The Impact

Incorporating the impact of the COVID-19 pandemic on the mask supply chain into our framework and taking mask output as a state variable, our study introduces the differential game to study the long-term dynamic cooperation of a two-echelon supply chain composed of the supplier and the manufacturer under government subsidies. The study elaborates that government subsidies can provide more effective incentives for supply chain members to cooperate in the production of masks compared with the situation of no government subsidies. A relatively low wholesale price can effectively increase the profits of supply chain members and the supply chain system. The joint contract of two-way cost-sharing contract and transfer payment contract can promote production technology investment efforts of the supply chain members, the optimum trajectory of mask production, and total profit to reach the best state as the centralized decision scenario within a certain range. Meanwhile, it is determined that the profits of supply chain members in the joint contract can be Pareto improvement compared with decentralized decision scenario. With the increase of production technology investment cost coefficients and output self-decay rate, mask outputs have shown a downward trend in the joint contract decision model. On the contrary, mask outputs would rise with growing sensitivity of mask output to production technology investment effort and increasing sensitivity of mask demand to mask output.

Information Technology in an Improved Quantum Genetic Algorithm Based on Dynamic Adjustment of Quantum Rotation Angle

2013 ◽  
Vol 859 ◽  
pp. 577-581
Author(s):  
Hui Xia Li ◽  
Yun Can Xue ◽  
Jian Qiang Zhang ◽  
Qi Wen Yang
Keyword(s):  
Genetic Algorithm ◽  
Information Technology ◽  
Rotation Angle ◽  
Local Optimum ◽  
Dynamic Adjustment ◽  
Excellent Performance ◽  
Simulation Experiments ◽  
Standard Quantum ◽  
Quantum Genetic Algorithm ◽  
Chaos Search

To overcome the shortcomings of precocity and being easily trapped into local optimum of the standard quantum genetic algorithm (QGA) , Information Technology in An Improved Quantum Genetic Algorithm based on dynamic adjustment of the quantum rotation angle of quantum gate (DAAQGA) was proposed. Mutation operation using the quantum not-gate is also introduced to enhance the diversity of population. Chaos search are also introduced into the modified algorithm to improve the search accuracy. Simulation experiments have been carried and the results show that the improved algorithm has excellent performance both in the preventing premature ability and in the search accuracy.

The Olympic Games as a News Shock

2017 ◽  
Vol 19 (6) ◽  
pp. 884-906 ◽  
Author(s):  
Viktoria C. E. Langer ◽  
Wolfgang Maennig ◽  
Felix Richter
Keyword(s):  
Steady State ◽  
Olympic Games ◽  
Structural Models ◽  
Adjustment Process ◽  
Dynamic Adjustment ◽  
Economic Variables ◽  
Long Run ◽  
News Shock ◽  
Steady State Levels ◽  
The Olympic Games

The awarding of the Olympic Games to a certain city or the announcement of a city’s Olympic bid may be considered as a news shock that affects agents’ market expectations. A news shock implies potential impacts on the dynamic adjustment process that change not only the volatility but also the long-run steady-state levels of endogenous economic variables. In this study, we contribute to and extend previous researchers’ attempts to empirically test for the Olympic Games as a news shock by implementing full structural models and by matching Olympic hosts and bidders to structurally similar countries.

scholarly journals Analyzing the Influence of Transportations on Chinese Inbound Tourism: Markov Switching Penalized Regression Approaches

Mathematics ◽  
2021 ◽  
Vol 9 (5) ◽  
pp. 515
Author(s):  
Woraphon Yamaka ◽  
Xuefeng Zhang ◽  
Paravee Maneejuk
Keyword(s):  
Structural Changes ◽  
Markov Switching ◽  
Penalized Regression ◽  
Tourism Demand ◽  
Switching Regression ◽  
Inbound Tourism ◽  
Dimensional Parameters ◽  
Demand Equations ◽  
Transportation Development ◽  
Positive Effect

This study investigates the nonlinear impact of various modes of transportation (air, road, railway, and maritime) on the number of foreign visitors to China originating from major source countries. Our nonlinear tourism demand equations are determined through the Markov-switching regression (MSR) model, thereby, capturing the possible structural changes in Chinese tourism demand. Due to many variables and the limitations from the small number of observations confronted in this empirical study, we may face multicollinearity and endogeneity bias. Therefore, we introduce the two penalized maximum likelihoods, namely Ridge and Lasso, to estimate the high dimensional parameters in the MSR model. This investigation found the structural changes in all tourist arrival series with significant coefficient shifts in transportation variables. We observe that the coefficients are relatively more significant in regime 1 (low tourist arrival regime). The coefficients in regime 1 are all positive (except railway length in operation), while the estimated coefficients in regime 2 are positive in fewer numbers and weak. This study shows that, in the process of transportation, development and changing inbound tourism demand from ten countries, some variables with the originally strong positive effect will have a weak positive effect when tourist arrivals are classified in the high tourist arrival regime.

scholarly journals Adjustment of Wire Vibrations in Order to Improve Geometric Accuracy and Surface Roughness at WEDM

2021 ◽  
Vol 11 (11) ◽  
pp. 4734
Author(s):  
Ľuboslav Straka ◽  
Ivan Čorný
Keyword(s):  
Surface Roughness ◽  
Economic Efficiency ◽  
Acoustic Emissions ◽  
Tool Electrode ◽  
Geometric Accuracy ◽  
Dynamic Adjustment ◽  
Machined Surface ◽  
Minimal Impact ◽  
The Wire ◽  
Wedm Process

Although WEDM is one of the most precise finishing technologies, deviations from the required geometric shapes and surface roughness occur in the production of parts with rotary surfaces. Even though these shortcomings have only a minimal impact on planar cuts, the production of circular profiles is a different problem. One of the factors causing this poor quality is the vibration of the wire electrode. With appropriate vibration adjustment, it would be possible to achieve significant improvements of the eroded area quality, both in terms of geometric accuracy and in terms of surface roughness. This would significantly increase quality, enabling WEDM technology to compete with other technologies in terms of economic efficiency. Therefore, the proposed solution aims to provide a partial adjustment to the wire tool electrode vibrations, based on their sensing by the means of acoustic emissions or a laser beam, with subsequent dynamic adjustment of the actual technological parameter values. This way, the given solution will increase the production accuracy of circular holes, increase productivity, and ultimately provide an overall increase in the economic efficiency of the WEDM process. The article also presents the scheme of a control algorithm for monitoring and subsequent adjustments of the vibrations of the wire tool electrode during the electroerosion process in order to minimize geometric deviations of circularity, cylindricity and roughness of the machined surface.

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