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Brand competition is modelled using an agent based approach in order to examine the long run dynamics of market structure and brand characteristics.
If variables have a causal relationship that allows them to move in perfect harmony in the long-run, the confidence level of the consistency of the formulated policy in their short and long run dynamics will be robust.
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Upon describing these dynamics via Markov chains, optimal stochastic control policies can be determined via dynamic programming [ 3- 5] to change the long-run dynamics, which are characterized by the steady-state distribution (SSD) of the network (Markov chain), the purpose being to reduce the risk of entering aberrant states and thereby alter the extant cell behavior.
In the long run, if the economy grows more quickly than debt, the burden of it will fall as a percentage of GDP.Their analysis is necessarily simplified; they are much more concerned with long-run dynamics than the effect of borrowing on growth in the short run (which may often be the more relevant question for governments on time-limited electoral mandates).
Of course, when necessary, we will emphasize that our statements refer to the long-run dynamics.
VECM is considered an extension of VAR model allowing the distinction between short-run and long-run dynamics.
(Stijepic 2016) (a) The long-run dynamics of labor allocation can be represented by non-self-intersecting trajectories.
This is particularly true for many topics associated with long-run dynamics and, in particular, long-run labor allocation dynamics.
Modern time series econometric techniques are used in establishing stationarity, long-run dynamics and causality of the series.
The three-sector framework (relating to agriculture, manufacturing, and services) is one of the major concepts for studying the long-run dynamics of the economic structure.
Recall that Axiom 1 refers to the long run; thus, all the statements of Laws 1 6 are statements about the long-run dynamics.
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CEO of Professional Science Editing for Scientists @ prosciediting.com