The following information was submitted:
Transactions: INTERNATIONAL JOURNAL of MATHEMATICAL MODELS AND METHODS IN APPLIED SCIENCES
Transactions ID Number: 17-199
Full Name: Petr Seda
Position: Senior Lecturer
Age: ON
Sex: Male
Address: VSB-Technical University of Ostrava, Faculty of Economics, Sokolska trida 33, Ostrava 701 21
Country: CZECH REPUBLIC
Tel: 608414454
Tel prefix: +420
Fax:
E-mail address: petr.seda@vsb.cz
Other E-mails: seda@cfbu.cz
Title of the Paper: Stochastic Conception of Input-Output Model: Theoretical and Practical Aspects
Authors as they appear in the Paper: Jan Sucháèek, Petr Seïa
Email addresses of all the authors: jan.suchacek@vsb.cz, petr.seda@vsb.cz
Number of paper pages: 9
Abstract: Complexity is immanent to economic-spatial structures and relations. There are not many models that allow for capturing the economic qualities of territories in a satisfactory manner. Input-output model can in spite of its simplicity be treated as one of success stories. Original version of input-output model is of deterministic character and reckons with deterministic inputs and outputs. In order to overcome this deterministic limitation when analyzing and forecasting the possible scenarios of territorial development, it is useful to introduce the interval estimates. Thus, the objective of the paper is to provide the insight into the stochastic version of input-output model. This innovative conception of input-output model will be examined from both theoretical and practical perspectives.
Keywords: Input–output model, Monte Carlo simulation, Probability distribution, Territorial development
EXTENSION of the file: .pdf
Special (Invited) Session: Input – Output Model Reconsidered: Towards a Stochastic Version
Organizer of the Session: 658-203
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