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Figueira, J. & Ferreira, M. A. M. (2006). Resources dynamics from the point of view of the regenerated Ornstein-Uhlenbeck model. In Kovacova, M. (Ed.), 5th International Conference APLIMAT 2006 (pp. 433?436). Slovak University of Technology in Bratislava.
J. P. Figueira and M. A. Ferreira, "Resources dynamics from the point of view of the regenerated Ornstein-Uhlenbeck model", in 5th Int. Conf. APLIMAT 2006, Kovacova, M., Ed., Bratislava, Slovakia, Slovak University of Technology in Bratislava, 2006, pp. 433-436
@inproceedings{figueira2006_1789453307199,
author = "Figueira, J. and Ferreira, M. A. M.",
title = "Resources dynamics from the point of view of the regenerated Ornstein-Uhlenbeck model",
booktitle = "5th International Conference APLIMAT 2006",
year = "2006",
editor = "Kovacova, M.",
volume = "",
number = "",
series = "",
pages = "433-436",
publisher = "Slovak University of Technology in Bratislava",
address = "Bratislava, Slovakia",
organization = ""
}
TY - CPAPER TI - Resources dynamics from the point of view of the regenerated Ornstein-Uhlenbeck model T2 - 5th International Conference APLIMAT 2006 AU - Figueira, J. AU - Ferreira, M. A. M. PY - 2006 SP - 433-436 CY - Bratislava, Slovakia AB - We consider the problem of assessing resources dynamics in the context of an economic system subject to Gaussian consumption and deterministic productivity. A discrete time recursive equation is presented to justify the use of the Ornstein-Uhlenbeck diffusion process. Under assumptions about regeneration of the process, we observe the system equilibrium as to what concerns resources depreciation or accumulation. ER -
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