This article presents the structural estimation of the parameters of a statistical discrimination model. Although the model is capable of displaying multiple equilibria, an estimation strategy that identifies both the model parameters and the equilibrium selected by the economic agents is developed and empirically implemented. A comparison between the selected equilibria and the other potential...

We present a detailed study of chemical freeze-out in nucleus-nucleus collisions at beam energies of 11.6, 30, 40, 80 and 158A GeV. By analyzing hadronic multiplicities within the statistical hadronization approach, we have studied the strangeness production as a function of centre of mass energy and of the parameters of the source. We have tested and compared different versions of the statisti...

Adsorption equilibria were analyzed on the basis of general equilibrium constant expression for the development of fundamental adsorption equations (Freundlich, Langmuir, and BET) in connection with the establishment of a general approach towards physical interpretations of adsorption parameters. Theoretically it was proved that Freundlich plot analysis cannot be used to find useful parameters ...

The equilibrium properties of an additive multilocus model of a quantitative trait under frequency- and density-dependent selection are investigated. Two opposing evolutionary forces are assumed to act: (i) stabilizing selection on the trait, which favors genotypes with an intermediate phenotype, and (ii) intraspecific competition mediated by that trait, which favors genotypes whose effect on t...

This paper introduces algorithms for learning how to trade using insider (superior) information in Kyle’s model of financial markets. Prior results in finance theory relied on the insider having perfect knowledge of the structure and parameters of the market. I show here that it is possible to learn the equilibrium trading strategy when its form is known even without knowledge of the parameters...

We analyze a principal-supervisor-two agent hierarchy with supervisory efforts, provide a characterization of the equilibrium of the game, and show which regime improves efficiency between the collusion-proof regime and the lateral collusion one, under the assumptions that the principal is less informed, and that the side-trade is costly. By coping with the trade-off between the value of inform...

Biosorption is a process, which represents a biotechnological innovation as well as a cost effective excellent tool for removing heavy metals from aqueous solutions. The kinetics and equilibrium of the biosorption of Chromium (VI) from aqueous solution were investigated using immobilized mixed biosorbents of Annona squamosa seeds and Aspergillus niger in a batch system. The biosorption characte...

In this paper, we introduce an extended Sprott E system by a general quadratic control scheme with 3 arbitrary parameters for the new system. The resulting system can exhibit codimension-one Hopf bifurcations as parameters vary. The control strategy used can be applied to create degenerate Hopf bifurcations at desired locations with preferred stability. A complex chaotic attractor with only one...

thereby initiating a rapid change in the fumarate/succinate ratio, the free radical concentration increases to a maximum and then declines to zero Our results suggest, therefore, that the free radicals observed in heart particles arise from equilibrium processes catalyzed by succinic dehydrogenase and that their steady-state concentration is governed by the parameters which affect this equilibr...

A new experimental market environment is developed. Continuously arriving incentives replace the traditional period structure. The issue posed is whether classical principles of market behavior apply when the environment is constantly changing. Three broad results emerge. (1) Natural " flow " generalizations of the laws of demand and supply exist and dictate much of the market behavior. (2) Two...