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About this book
Dynamic Systems in Management Science explores the important gaps in the existing literature on operations research and management science by providing new and operational methods which are tested in practical environment and a variety of new applications.
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Table of contents (10 chapters)
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Front Matter
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Vectors and Matrices Eigenvalues and Eigenvectors Singular Value Decomposition, the Generalized Inverse A Multi-purpose Computer Program
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Front Matter
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Back Matter
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Specification and Estimation The Ordinary Least Squares Method Basic Assumptions — Tests Required Marginal Effects, Elasticities, Predictions, Confidence Intervals Recursive Residuals and Relevant Statistics Use of Dummy Variables
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Front Matter
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Back Matter
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Remedies When Basic Assumptions are Violated Feasible Generalized Least Squares (FGLS) Estimators Extensions of Usual System Models Fixed Effects and Random Effects Models Models with Binary Dependent Variable Tests Required. Interpretation of the Results
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Front Matter
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Back Matter
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Time Series-Stationarity Vector Autoregressive (VAR) Models Co-Integration Analysis and Relevant Tests Singular Value Decomposition to Compute Co-Integration Vectors The Error Correction Models and Dynamic Simulation Models with Categorical Dependent Variable Count Models Survival Analysis Seemingly Unrelated Regression (SUR) Models
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Front Matter
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Back Matter
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Simultaneous Equation Models Model Identification Estimation Methods Dynamic Systems Optimal Control Systems with Random Parameters Analytical Applications
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Front Matter
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About the author
Alexis Lazaridis was Professor of Economics at Aristotle University of Thessaloniki, Greece prior to his retirement. He taught Econometrics and Computing and reviewed a number of papers mainly for the Journal of Economic Dynamics and Control. He received his Master's degree in National Economic Planning and Ph.D. in Economics from the University of Birmingham, UK. He worked at the Hellenic Sugar Company and later in the Greek Ministry of National Economy. Alexis was a member of the Administrative Board of the Organization of Mediation and Arbitration, ex-member of the Administrative Board of the Centre of International and Economic European Law, and of the Supreme Labour Council. He was elected Head (Chairman) of the Economics Department, Faculty of Law and Economics, Aristotle University of Thessaloniki. In this period he organized a databank of economic information, the first in the area of Northern Greece. During his term of service as Head of the Department, he conferred an honorary doctoral degree upon the President of the Republic of Cyprus. Previously, he pronounced the Secretary General of the Legal Services of the EU an honorary member of the Centre of International and Economic European Law. In addition to the books and scientific papers he has published, Alexis has also developed many computer programs of particular importance for system analysis that are widely used by students and other researchers.
Bibliographic Information
Book Title: Dynamic Systems in Management Science
Book Subtitle: Design, Estimation and Control
Authors: Alexis Lazaridis
DOI: https://doi.org/10.1057/9781137508928
Publisher: Palgrave Macmillan London
eBook Packages: Palgrave Business & Management Collection, Business and Management (R0)
Copyright Information: The Editor(s) (if applicable) and The Author(s) 2015
Hardcover ISBN: 978-1-137-50890-4Published: 26 June 2015
eBook ISBN: 978-1-137-50892-8Published: 29 June 2015
Edition Number: 1
Number of Pages: XIX, 399
Topics: Business Information Systems, Operations Management, Management, Economics, general, Development Economics, Operations Research/Decision Theory