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Author: Myong-Hun Chang
Publisher: Routledge
ISBN: 1134582773
Category : Business & Economics
Languages : en
Pages : 159
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Book Description
The economics literature on industry dynamics contains a wide array of empirical works identifying a set of stylized facts. There have been several attempts at constructing analytical models to explain some of these regularities. These attempts are highly stylized and limited in scope to keep the analyses tractable. A general model of industry evolution capable of generating firm and industry behaviour that can match the data is needed. This book endeavours to explain many well-documented aspects of the evolution of industries over time. It uses an agent-based computational model in which artificial industries are created and grown to maturity in silico. While the firms in the model are assumed to have bounded rationality, they are nevertheless adaptive in the sense that their experience-based R&D efforts allow them to search for improved technologies. Given a technological environment subject to persistent and unexpected external shocks, the computationally generated industry remains in a perennial state of flux. The main objective of this study is to identify patterns that exist in the movements of firms as the industry evolves over time along the steady state in which the measured behaviour of the firms and the industry stochastically fluctuate around steady means. The computational model developed in this book is able to replicate many of the stylized facts from the empirical industrial organization literature, particularly as the facts pertain to the dynamics of firm entry and exit. Furthermore, the model allows examination of cross-industry variations in entry and exit patterns by systematically varying the characteristics of the market and the technological environment within which the computationally generated industry evolves. The model demonstrates that the computational approach based on boundedly rational agents in a dynamic setting can be useful and effective in carrying out both positive and normative economic analysis.
Author: Myong-Hun Chang
Publisher: Routledge
ISBN: 1134582773
Category : Business & Economics
Languages : en
Pages : 159
Get Book Here
Book Description
The economics literature on industry dynamics contains a wide array of empirical works identifying a set of stylized facts. There have been several attempts at constructing analytical models to explain some of these regularities. These attempts are highly stylized and limited in scope to keep the analyses tractable. A general model of industry evolution capable of generating firm and industry behaviour that can match the data is needed. This book endeavours to explain many well-documented aspects of the evolution of industries over time. It uses an agent-based computational model in which artificial industries are created and grown to maturity in silico. While the firms in the model are assumed to have bounded rationality, they are nevertheless adaptive in the sense that their experience-based R&D efforts allow them to search for improved technologies. Given a technological environment subject to persistent and unexpected external shocks, the computationally generated industry remains in a perennial state of flux. The main objective of this study is to identify patterns that exist in the movements of firms as the industry evolves over time along the steady state in which the measured behaviour of the firms and the industry stochastically fluctuate around steady means. The computational model developed in this book is able to replicate many of the stylized facts from the empirical industrial organization literature, particularly as the facts pertain to the dynamics of firm entry and exit. Furthermore, the model allows examination of cross-industry variations in entry and exit patterns by systematically varying the characteristics of the market and the technological environment within which the computationally generated industry evolves. The model demonstrates that the computational approach based on boundedly rational agents in a dynamic setting can be useful and effective in carrying out both positive and normative economic analysis.
Author: Xiaofeng Liu
Publisher:
ISBN: 9780784415313
Category : Computational fluid dynamics
Languages : en
Pages : 186
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Book Description
This book provides an introduction, overview, and specific examples of computational fluid dynamics and their applications in the water, wastewater, and stormwater industry.
Author: Daniele L. Marchisio
Publisher: Cambridge University Press
ISBN: 1107328179
Category : Technology & Engineering
Languages : en
Pages : 547
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Book Description
Providing a clear description of the theory of polydisperse multiphase flows, with emphasis on the mesoscale modelling approach and its relationship with microscale and macroscale models, this all-inclusive introduction is ideal whether you are working in industry or academia. Theory is linked to practice through discussions of key real-world cases (particle/droplet/bubble coalescence, break-up, nucleation, advection and diffusion and physical- and phase-space), providing valuable experience in simulating systems that can be applied to your own applications. Practical cases of QMOM, DQMOM, CQMOM, EQMOM and ECQMOM are also discussed and compared, as are realizable finite-volume methods. This provides the tools you need to use quadrature-based moment methods, choose from the many available options, and design high-order numerical methods that guarantee realizable moment sets. In addition to the numerous practical examples, MATLAB® scripts for several algorithms are also provided, so you can apply the methods described to practical problems straight away.
Author: Rodney O. Fox
Publisher: Cambridge University Press
ISBN: 9780521659079
Category : Mathematics
Languages : en
Pages : 156
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Book Description
Table of contents
Author: David J. am Ende
Publisher: John Wiley & Sons
ISBN: 1119285860
Category : Technology & Engineering
Languages : en
Pages : 1172
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Book Description
A guide to the development and manufacturing of pharmaceutical products written for professionals in the industry, revised second edition The revised and updated second edition of Chemical Engineering in the Pharmaceutical Industry is a practical book that highlights chemistry and chemical engineering. The book’s regulatory quality strategies target the development and manufacturing of pharmaceutically active ingredients of pharmaceutical products. The expanded second edition contains revised content with many new case studies and additional example calculations that are of interest to chemical engineers. The 2nd Edition is divided into two separate books: 1) Active Pharmaceutical Ingredients (API’s) and 2) Drug Product Design, Development and Modeling. The active pharmaceutical ingredients book puts the focus on the chemistry, chemical engineering, and unit operations specific to development and manufacturing of the active ingredients of the pharmaceutical product. The drug substance operations section includes information on chemical reactions, mixing, distillations, extractions, crystallizations, filtration, drying, and wet and dry milling. In addition, the book includes many applications of process modeling and modern software tools that are geared toward batch-scale and continuous drug substance pharmaceutical operations. This updated second edition: Contains 30new chapters or revised chapters specific to API, covering topics including: manufacturing quality by design, computational approaches, continuous manufacturing, crystallization and final form, process safety Expanded topics of scale-up, continuous processing, applications of thermodynamics and thermodynamic modeling, filtration and drying Presents updated and expanded example calculations Includes contributions from noted experts in the field Written for pharmaceutical engineers, chemical engineers, undergraduate and graduate students, and professionals in the field of pharmaceutical sciences and manufacturing, the second edition of Chemical Engineering in the Pharmaceutical Industryf ocuses on the development and chemical engineering as well as operations specific to the design, formulation, and manufacture of drug substance and products.
Author: Michael T. Hannan
Publisher: Oxford University Press
ISBN: 019536113X
Category : Business & Economics
Languages : en
Pages : 303
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Book Description
Why does the number of organizations of any given kind vary over time? Utilizing a diverse group of organizations including national labor unions, newspapers and newspaper publishers, brewing firms, life insurance companies, and banks, this book seeks to deepen and broaden the understanding of change in organizational populations by examining the dynamics of numbers of organizations in populations. Such an approach involves explaining the sources of growth and decline in the sum of organizations (what the authors call "density") over the histories of populations of organizations. The authors conclude their study by formulating a theory of density-dependent legitimation and competition.
Author: Roberto Serra
Publisher: Springer Science & Business Media
ISBN: 1447112814
Category : Computers
Languages : en
Pages : 289
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Book Description
Cellular Automata (CA), about to enter their fifties, are coming of age, seen by the breadth and quality of CA-related research carried out worldwide, as well as by the appearance of interesting applications to real world problems. The papers collected in this book, presented at ACRI 98 (Third Conference on Cellular Automata for Research and Industry -7-9 October 1998), further demonstrate the vitality of this line ofresearch. Until some years ago, a researcher interested in dynamical modelling of spatially of the partial extended systems had only one language at his disposal, namely that differential equations (PDE). These are wonderful tools to use when an analytical solution can be found or a perturbative approach can provide a good approximation of the observed phenomena. The use of digital computers has enormously expanded the explanatory and predictive power of partial differential equations by allowing one to treat cases which had been outside the scope of a "pen and pencil" approach. However, it has also opened up a way to new formalisms which are able to describe interesting phenomena and are, at the same time, well-suited for digital simulation.
Author:
Publisher: Walter de Gruyter
ISBN: 311031228X
Category : Reference
Languages : en
Pages : 2983
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Book Description
Particularly in the humanities and social sciences, festschrifts are a popular forum for discussion. The IJBF provides quick and easy general access to these important resources for scholars and students. The festschrifts are located in state and regional libraries and their bibliographic details are recorded. Since 1983, more than 639,000 articles from more than 29,500 festschrifts, published between 1977 and 2010, have been catalogued.
Author: Guan Heng Yeoh
Publisher: Butterworth-Heinemann
ISBN: 0080570038
Category : Technology & Engineering
Languages : en
Pages : 545
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Book Description
Fire and combustion presents a significant engineering challenge to mechanical, civil and dedicated fire engineers, as well as specialists in the process and chemical, safety, buildings and structural fields. We are reminded of the tragic outcomes of 'untenable' fire disasters such as at King's Cross underground station or Switzerland's St Gotthard tunnel. In these and many other cases, computational fluid dynamics (CFD) is at the forefront of active research into unravelling the probable causes of fires and helping to design structures and systems to ensure that they are less likely in the future. Computational fluid dynamics (CFD) is routinely used as an analysis tool in fire and combustion engineering as it possesses the ability to handle the complex geometries and characteristics of combustion and fire. This book shows engineering students and professionals how to understand and use this powerful tool in the study of combustion processes, and in the engineering of safer or more fire resistant (or conversely, more fire-efficient) structures.No other book is dedicated to computer-based fire dynamics tools and systems. It is supported by a rigorous pedagogy, including worked examples to illustrate the capabilities of different models, an introduction to the essential aspects of fire physics, examination and self-test exercises, fully worked solutions and a suite of accompanying software for use in industry standard modeling systems. - Computational Fluid Dynamics (CFD) is widely used in engineering analysis; this is the only book dedicated to CFD modeling analysis in fire and combustion engineering - Strong pedagogic features mean this book can be used as a text for graduate level mechanical, civil, structural and fire engineering courses, while its coverage of the latest techniques and industry standard software make it an important reference for researchers and professional engineers in the mechanical and structural sectors, and by fire engineers, safety consultants and regulators - Strong author team (CUHK is a recognized centre of excellence in fire eng) deliver an expert package for students and professionals, showing both theory and applications. Accompanied by CFD modeling code and ready to use simulations to run in industry-standard ANSYS-CFX and Fluent software
Author: Snehanshu Pal
Publisher: I K International Pvt Ltd
ISBN: 9385909398
Category : Technology & Engineering
Languages : en
Pages : 172
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Book Description
This book contains a detailed account of modeling aspects of all the relevant concerns of steel industry. The text explores the Process Modeling Fundamentals, Basic Concepts of Numerical Heat Transfer and Fluid Flow, Fundamentals of Flow Reactors, Numerical Modeling of Different Processes in Steel Industry and Brief Working Guidance for CFD Software Package ANSYS Fluent. Most importantly, this book will help readers to formulate live problem-solving strategy in steel making industry.
