• Title/Summary/Keyword: Mathematics and Economics

Search Result 189, Processing Time 0.033 seconds

HERMITE-HADAMARD INEQUALITY FOR A CERTAIN CLASS OF CONVEX FUNCTIONS ON TIME SCALES

  • FAGBEMIGUN, B.O.;MOGBADEMU, A.A.;OLALERU, J.O.
    • Honam Mathematical Journal
    • /
    • v.44 no.1
    • /
    • pp.17-25
    • /
    • 2022
  • The Hermite-Hadamard integral inequality for Fh-convex functions on time scales is established. The applicability of our results ranges from Optimization problems to Calculus of Variations and to Economics. Application to the Calculus of Variations on time scales is discussed.

EXISTENCE AND DECAY PROPERTIES OF WEAK SOLUTIONS TO THE INHOMOGENEOUS HALL-MAGNETOHYDRODYNAMIC EQUATIONS

  • HAN, PIGONG;LEI, KEKE;LIU, CHENGGANG;WANG, XUEWEN
    • Journal of the Korean Society for Industrial and Applied Mathematics
    • /
    • v.26 no.2
    • /
    • pp.76-107
    • /
    • 2022
  • In this paper, we study the temporal decay of global weak solutions to the inhomogeneous Hall-magnetohydrodynamic (Hall-MHD) equations. First, an approximation problem and its weak solutions are obtained via the Caffarelli-Kohn-Nirenberg retarded mollification technique. Then, we prove that the approximate solutions satisfy uniform decay estimates. Finally, using the weak convergence method, we construct weak solutions with optimal decay rates to the inhomogeneous Hall-MHD equations.

The Application of Optimal Control Through Fiscal Policy on Indonesian Economy

  • SYAHRINI, Intan;MASBAR, Raja;ALIASUDDIN, Aliasuddin;MUNZIR, Said;HAZMI, Yusri
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.8 no.3
    • /
    • pp.741-750
    • /
    • 2021
  • The budget deficit is closely related to expansionary fiscal policy as a fiscal instrument to encourage economic growth. This study aims to apply optimal control theory in the Keynesian macroeconomic model for the economy, so that optimal growth can be found. Macroeconomic variables include GDP, consumption, investment, exports, imports, and budget deficit as control variables. This study uses secondary data in the form of time series, the time period 1990 to 2018. Performing optimal control will result in optimal fiscal policy. The optimal determination is done through simulation, for the period 2019-2023. The discrete optimal control problem is to minimize the objective function in the form of a quadratic function against the deviation of the state variable and control variable from the target value and the optimal value. Meanwhile, the constraint is Keynes' macroeconomic model. The results showed that the optimal value of macroeconomic variables has a deviation from the target values consisting of: consumption, investment, exports, imports, GDP, and budget deficit. The largest deviation from the average during the simulation occurs in GDP, followed by investment, exports, and the budget deficit. Meanwhile, the lowest average deviation is found in imports.

A modification of McFadden's R2 for binary and ordinal response models

  • Ejike R. Ugba;Jan Gertheiss
    • Communications for Statistical Applications and Methods
    • /
    • v.30 no.1
    • /
    • pp.49-63
    • /
    • 2023
  • A lot of studies on the summary measures of predictive strength of categorical response models consider the likelihood ratio index (LRI), also known as the McFadden-R2, a better option than many other measures. We propose a simple modification of the LRI that adjusts for the effect of the number of response categories on the measure and that also rescales its values, mimicking an underlying latent measure. The modified measure is applicable to both binary and ordinal response models fitted by maximum likelihood. Results from simulation studies and a real data example on the olfactory perception of boar taint show that the proposed measure outperforms most of the widely used goodness-of-fit measures for binary and ordinal models. The proposed R2 interestingly proves quite invariant to an increasing number of response categories of an ordinal model.

FUZZY RISK MEASURES AND ITS APPLICATION TO PORTFOLIO OPTIMIZATION

  • Ma, Xiaoxian;Zhao, Qingzhen;Liu, Fangai
    • Journal of applied mathematics & informatics
    • /
    • v.27 no.3_4
    • /
    • pp.843-856
    • /
    • 2009
  • In possibility framework, we propose two risk measures named Fuzzy Value-at-Risk and Fuzzy Conditional Value-at-Risk, based on Credibility measure. Two portfolio optimization models for fuzzy portfolio selection problems are formulated. Then a chaos genetic algorithm based on fuzzy simulation is designed, and finally computational results show that the two risk measures can play a role in possibility space similar to Value-at-Risk and Conditional Value-at-Risk in probability space.

  • PDF

GEVREY REGULARITY AND TIME DECAY OF THE FRACTIONAL DEBYE-HÜCKEL SYSTEM IN FOURIER-BESOV SPACES

  • Cui, Yiwen;Xiao, Weiliang
    • Bulletin of the Korean Mathematical Society
    • /
    • v.57 no.6
    • /
    • pp.1393-1408
    • /
    • 2020
  • In this paper we mainly study existence and regularity of mild solutions to the parabolic-elliptic system of drift-diffusion type with small initial data in Fourier-Besov spaces. To be more detailed, we will explain that global-in-time mild solutions are well-posed and Gevrey regular by means of multilinear singular integrals and Fourier localization argument. Furthermore, we can get time decay rate estimate of mild solutions in Fourier-Besov spaces.

UNIQUENESS RESULTS ON MEROMORPHIC FUNCTIONS AND THEIR DIFFERENCE OPERATORS SHARING TARGETS WITH WEIGHT

  • Thu Thuy Hoang;Hong Nhat Nguyen;Duc Thoan Pham
    • Bulletin of the Korean Mathematical Society
    • /
    • v.60 no.2
    • /
    • pp.461-473
    • /
    • 2023
  • Let f be a nonconstant meromorphic function of hyper-order strictly less than 1, and let c ∈ ℂ \ {0} such that f(z + c) ≢ f(z). We prove that if f and its exact difference ∆cf(z) = f(z + c) - f(z) share partially 0, ∞ CM and share 1 IM, then ∆cf = f, where all 1-points with multiplicities more than 2 do not need to be counted. Some similar uniqueness results for such meromorphic functions partially sharing targets with weight and their shifts are also given. Our results generalize and improve the recent important results.

Factors Affecting Financial Leverage: The Case of Vietnam Firms

  • NGUYEN, Chi Dieu Thi;DANG, Hong Thuy Thi;PHAN, Nghi Huu;NGUYEN, Trang Thuy Thi
    • The Journal of Asian Finance, Economics and Business
    • /
    • v.7 no.11
    • /
    • pp.801-808
    • /
    • 2020
  • The purpose of the study is to find the factors that influence the financial leverage of Vietnam firms. The dependent variable is the financial leverage and the independent variables are firm size, asset structure, liquidity, growth opportunities, profitability, and firm age. The data are collected from Vietnam firms' annual financial reports in the period from 2010 to 2019. The study uses a sample of 448 Vietnam listed firms in the period. We also employ a panel regression model with pooled OLS and fixed effect to analyze the firms' financial data. The results of the model showed that financial leverage (FL) has a negative relationship with some factors such as asset structure (AS), liquidity (LQ), growth opportunities (GRW), profitability (ROA), and firm age (AGE) in the fixed effect regression. It means that when liquidity, profitability, and firm age increase, firms' financial leverage will decrease. While firms' financial leverage has still a positive relationship with the firm size (SIZE) in the model. As a result, when firm size increases, financial leverage will increase, too. The results showed that models are fit for the research and can be used to predict future findings. It is also useful for enterprises, financial advisors, investors, as well as the financial managers.

Major satisfaction and career decision level of students in dept. of Home Economics Education (가정교육과 학생들의 학과만족도와 진로결정수준)

  • Shin, Hye Won
    • Journal of Korean Home Economics Education Association
    • /
    • v.25 no.1
    • /
    • pp.55-66
    • /
    • 2013
  • The purposes of this study were to examine major satisfaction and career decision level of Home Economics Education major college students, to investigate factors influencing on major satisfaction and career decision level, and to provide basic informations for career counseling. A survey was conducted to students majoring Home Economics Education at four universities, and students majoring Korean Language Education and Mathematics Education at one same university in Seoul from October to November, 2011. General satisfaction in major of Home Economics Edu. students was above average, but social perception satisfaction was low. The social perception satisfaction was lower for Home Economics edu. students than Korean Language edu. and Mathematics edu. students. There were significant differences in major satisfaction by university and class standing, but no significant difference by gender. Students showed the lowest value in Home Economics teacher as considering job, and most of students considered teacher and major unconcerned job. Students considering major concerned job showed higher major satisfaction compared to students considering major unconcerned job. Career decision level was medium and there were not significant differences in career decision level by major, university, class standing, gender, considering job. Career decision level was affected positively by only general satisfaction in major.

  • PDF

THE LAYOUT PROBLEM OF TWO KINDS OF GRAPH ELEMENTS WITH PERFORMANCE CONSTRAINTS AND ITS OPTIMALITY CONDITIONS

  • ZHANG XU;LANG YANHUAI;FENG ENMIN
    • Journal of applied mathematics & informatics
    • /
    • v.20 no.1_2
    • /
    • pp.209-224
    • /
    • 2006
  • This paper presents an optimization model with performance constraints for two kinds of graph elements layout problem. The layout problem is partitioned into finite subproblems by using graph theory and group theory, such that each subproblem overcomes its on-off nature about optimal variable. Furthermore each subproblem is relaxed and the continuity about optimal variable doesn't change. We construct a min-max problem which is locally equivalent to the relaxed subproblem and develop the first order necessary and sufficient conditions for the relaxed subproblem by virtue of the min-max problem and the theories of convex analysis and nonsmooth optimization. The global optimal solution can be obtained through the first order optimality conditions.