A percolation model of innovation in complex technology spaces

Article Abstract:

Innovations are known to arrive in high clusters; their distribution is highly skewed and appears to obey a power law or lognormal distribution. Many scholars have seen technological change as following technological trajectories and being subject to paradigm shifts from time to time. A study to understand these empirical observations using a complex technology space based on percolation theory is presented.

United States, Analysis, Technological innovations, Econometric models

---

Applications of generalized method of moments estimation

Article Abstract:

Issues concerning the use of the method of moments approach to parameter estimation are discussed. It is argued that this approach can be used to gain parameter estimators that are consistent under weak distributional assumptions. Significant generalized method of moments gains are most likely in time series or panel data applications with neglected serial correlation.

Methods, Parameter estimation

---

Applications of randomized low discrepancy sequences to the valuation of complex securities

Article Abstract:

The quasi-random Monte Carlo method is considered for randomized low discrepancy sequences to the valuation of complex securities.

Models, Usage, Securities, Monte Carlo method, Monte Carlo methods

Similar abstracts:

• Abstracts: A cross-national analysis of affirmative action: an evolutionary psychological perspective. Expenditure on the NHS in perspective
• Abstracts: AG publishing veteran offers thirty years of insight. Farmington Turns Off. Caterpillar turns 75
• Abstracts: Italy. Money and inventories in an economy with uncertain and sequential trade. The long-run stability of the demand for money: Italy 1861-1996
• Abstracts: Asset and commodity prices with multi-attribute durable goods. A Walrasian theory of commodity money: Paradoxical results
• Abstracts: Managerial judges: an economic analysis of the judicial management of legal discovery. Entry and managerial incentives: A note

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.