Modelling and Decisions in Economics

• 19 oktober 2010
• 9783790824629

Samenvatting:

Franz Ferschl is seventy. Two of the three editors remembers very well the Golden Age of Operations Research at Bonn when Franz Ferschl worked together with Wilhelm Krelle, Martin Beckmann and Horst Albach. Clearly, Franz Ferschl left his traces at all the other places of his professional activities, in Vienna and Munich.



This book provides insights that are useful for people with interests in Operations Research, statistics and econometrics. Each contribution offers a snapshot out from interesting topics. The relationships and interconnectivities between decisions and models from different economic fields lead to a better understanding of the modern field of Operations Research. The book focuses on modelling as an activity rather than on techniques and programming. Divided into three parts, part one provides decision theoretical models, part two provides several theoretical and empirical papers concerning statistics and econometrics. Finally, part three provides an up-to-date account of Operations Research.