Search results for " logic"

showing 10 items of 1720 documents

The dynamic interdependence in the demand of primary and emergency secondary care: A hidden Markov approach

2021

This paper develops an extension of the class of finite mixture models for longitudinal count data to the bivariate case by using a trivariate reduction technique and a hidden Markov chain approach. The model allows for disentangling unobservable time-varying heterogeneity from the dynamic effect of utilisation of primary and secondary care and measuring their potential substitution effect. Three points of supports adequately describe the distribution of the latent states suggesting the existence of three profiles of low, medium and high users who shows persistency in their behaviour, but not permanence as some switch to their neighbour's profile.

Economics and Econometrics050208 financeComputer science05 social sciencesExtension (predicate logic)Bivariate analysis01 natural sciencesUnobservablePrimary and Secondary Care Latent Markov ModelSecondary careReduction (complexity)010104 statistics & probability0502 economics and businessEconometricsSubstitution effect0101 mathematics050207 economicsHidden Markov modelSocial Sciences (miscellaneous)Count dataPanel dataJournal of Applied Econometrics
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Networked relationships in the e-MID Interbank market: A trading model with memory

2014

Interbank markets are fundamental for bank liquidity management. In this paper, we introduce a model of interbank trading with memory. Our model reproduces features of preferential trading patterns in the e-MID market recently empirically observed through the method of statistically validated networks. The memory mechanism is used to introduce a proxy of trust in the model. The key idea is that a lender, having lent many times to a borrower in the past, is more likely to lend to that borrower again in the future than to other borrowers, with which the lender has never (or has in- frequently) interacted. The core of the model depends on only one parameter representing the initial attractiven…

Economics and EconometricsControl and OptimizationComputer scienceHBJava/MasonMicroeconomicsFOS: Economics and businessInterbank marketOrder (exchange)Statistically validated networkEconometricsEconomicsNetwork formationProxy (statistics)Structure (mathematical logic)Statistical Finance (q-fin.ST)Applied MathematicsQuantitative Finance - Statistical FinanceLiquidity riskVariety (cybernetics)Network formationCore (game theory)Reciprocity (network science)Interbank lending marketQuantitative Finance - General FinanceGeneral Finance (q-fin.GN)
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Institutional distance and international networking

2017

We focus on how small- and medium-sized enterprises (SMEs) adapt to differences in institutional logics (values, beliefs, and rules) in their networking when they enter an institutionally distant market. We address gaps in the literature, relating to the role of institutional logics in SME internationalization, and how institutional distance affects the formation of network ties. We show how the social interaction involved in internationalization is embedded in the institutional logics followed by partnering actors. Specifically, we demonstrate how institutional distance may constrain the networking activities of SMEs and identify practices that may support successful internationalization. …

Economics and EconometricsFocus (computing)business.industry05 social sciencesverkostoituminennetworking (making contacts)small and medium-sized enterprisesSMEsinstitutional logicsDevelopmentPublic relationsinstitutional distanceInternationalization0502 economics and businessinternationalisation050211 marketingBusiness and International Managementbusinessta512kansainvälistyminenpienet ja keskisuuret yritykset050203 business & managementEntrepreneurship and Regional Development
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Radical innovations: Between established knowledge and future research opportunities

2021

Abstract The fast growing body of radical innovation research is fragmented and difficult to overlook. We provide an overview of the most cited journals, authors, and publications and conduct a bibliographic coupling to structure the literature landscape. We identified the following research clusters: management of radical innovations, organizational learning and knowledge, financial aspects of radical innovation, radical innovation adoption and diffusion, radical industry innovations as challenges for incumbents, and radical innovation in specific industries. Based on an in-depth content analysis of these clusters, we identify the following future research opportunities: A systematic compi…

Economics and EconometricsKnowledge managementO03Bibliometric analysisCitation analysisManagement of Technology and Innovation0502 economics and businessddc:650AZ20-999Radical innovationBusiness and International ManagementModern portfolio theoryMarketingStructure (mathematical logic)H1-99business.industry05 social sciencesRegular ArticleCompetitor analysisBibliographic couplingBibliographic couplingSocial sciences (General)Futures studiesD83Citation analysisContent analysisOrganizational learning050211 marketingHistory of scholarship and learning. The humanitiesbusiness050203 business & managementJournal of Innovation & Knowledge
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Customer functional value creation through a sustainable entrepreneurial orientation approach

2019

This paper advances a theoretical model to empirically test firms’ behaviour regarding sustainable entrepreneurship, enhancing what researchers have recently proposed at a solely conceptual level; this entails sustainable entrepreneurship being understood as a discipline that reliably allows organizations to successfully respond to sustainable development and market requirements. The authors suggest an integrated approach of dynamic-capabilities, S-D logic and product-service system views, which highlights the managerial predisposition to adopt a strategic position that fosters value in use (instead of regular property value), according to the current school of thoughts engaged with innovat…

Economics and EconometricsKnowledge managementValue creationbusiness.industrysustainable entrepreneurial orientationEntrepreneurial orientationdynamic-capabilitiess-d logiclcsh:Regional economics. Space in economicslcsh:HD72-88lcsh:HT388firm performancelcsh:Economic growth development planningTest (assessment)Sustainable entrepreneurial orientation; customer functional value creation; firm performance; dynamiccapabilities; S-D logic; service-product systemservice-product systemBusinessSustainable entrepreneurshipDynamic capabilitiescustomer functional value creationConceptual levelEconomic Research-Ekonomska Istraživanja
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Blind justice: An experimental analysis of random punishment in team production

2010

We study the effect of blind punishment in a team production experiment, in which subjects choose non-observable effort levels. In this setting, a random exclusion mechanism is introduced, linked to the normalized group performance (R, from 0 to 1). Every round, each subject is non-excluded from the collective profit with probability R (and with probability 1 ! R gets no benefit from the group account). Punishment does not depend on the individual behavior, but the probability of being punished reflects collective performance. As the exclusion probability is computed at the group level, no individual information is needed to implement exclusion. However, the probabilistic punishment risks t…

Economics and EconometricsProfit (accounting)Sociology and Political SciencePunishment (psychology)Probabilistic logicEconomicsJustice (ethics)Convergence (relationship)Team productionPublic goodGroup levelSocial psychologyApplied PsychologyJournal of Economic Psychology
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Empirical definition of social types in the analysis of inequality of opportunity: a latent classes approach

2014

The empirical analysis of inequality of opportunity centres on disparities between social types, defined by the exposure to circumstances beyond individual control. Despite this, its main theoretical foundation—the Roemer model—does not indicate how to carry out, in practice, the required partition of the population into such types. This paper operationalises this definition of social types using a latent classes approach. Our specification is embedded in a probabilistic extension of the canonical Roemer model, which assumes that the relevant population consists of a finite number of latent types, from which each individual can be treated as a random draw. This makes possible the use of the…

Economics and Econometricseducation.field_of_studyInequalitymedia_common.quotation_subjectControl (management)PopulationProbabilistic logicequality of opportunity measurement compensation responsibility effort circumstances.Extension (predicate logic)Set (abstract data type)EconometricsEconomicseducationFinite setMathematical economicsSocial Sciences (miscellaneous)Social policymedia_commonSocial Choice and Welfare
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Institutional Logics in Police Performance Indicator Development : A Comparative Case Study of Spain and Finland

2015

Police performance is not easily measurable and the organization and circumstances of police work vary among European countries. Further, police work is surrounded by multiple pressures to make it both economical and effective. Consequently, there are multiple institutional logics in decision-making which may affect the selection and the use of police key performance indicators (KPIs). The KPI selection and use processes reflect the institutional logics, though KPI use may also sometimes influence the institutional logics of police work. In this study, we analyze the KPIs and institutional logics in police work in Finland and Spain. A comparative case research approach is used in order to h…

Economics and EconometricspoliisiComparative caseEconomics Econometrics and Finance (miscellaneous)organisaatiotAccountingkey performance indicatorslaskentatoimiInstitutional logicOrder (exchange)AccountingPolitical science0502 economics and business050602 political science & public administrationSelection (linguistics)Business and International Managementta512police servicesFinlandsuorituskykymittaaminenbusiness.industry05 social sciences050201 accountinginstitutional logicsPublic relations0506 political scienceWork (electrical)tunnusluvutSpainavaintekijätBusiness Management and Accounting (miscellaneous)The InternetPerformance indicatorbusinessFinanceEuropean Accounting Review
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Remote diagnosis and control of wheelchair electrical drive systems

2005

A new Diagnostic and Protective System (DPS) suitable for wheelchair electrical drive applications has been prepared. Such a system is able to perform both monitoring and long-distance transmission of key signals that are used as pre-fault and fault indicators. The system, moreover, may detect several anomalous working conditions by means of reliable diagnosis procedures and carries out actions to protect the electrical drive and to drive the disabled people in safe conditions. In particular the design, the realization and the performance analysis of the new dedicated diagnostic system, which exploits a programmable logic controller (PLC) as DRS hardware, are described and discussed. The ef…

Electric motorEngineeringbusiness.industryelectric propulsionProgrammable logic controllerComputerApplications_COMPUTERSINOTHERSYSTEMSControl engineeringFault (power engineering)law.inventionRemote operationWheelchairwheelchairremote controllawtelediagnosticTeleoperationKey (cryptography)businessRemote control2004 IEEE International Conference on Industrial Technology, 2004. IEEE ICIT '04.
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The extended CC2 model ECC2

2013

We present a size-extensive extension to the CC2 model that avoids the complications with quasi-degeneracies that are present in the CC2 model and related perturbation theory-based approaches. The formulation also provides a consistent model for treating different parts of a molecular system at different levels of electron correlation. Such a subsystem approach leads to large reductions in the computational requirements without compromising the accuracy. In this initial study, we focus on static molecular properties. © 2013 Copyright Taylor and Francis Group, LLC.

Electronic correlationComputer scienceECC2BiophysicsExtension (predicate logic)Condensed Matter Physicelectron correlationCondensed Matter PhysicsCoupled clusterBiophysiccoupled clusterStatistical physicsAtomic physicsPerturbation theoryPhysical and Theoretical ChemistryFocus (optics)Molecular Biologysubsystem
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