Dynamic Systems in Management Science

1. Front Matter

   Pages i-xix

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2. Vectors and Matrices Eigenvalues and Eigenvectors Singular Value Decomposition, the Generalized Inverse A Multi-purpose Computer Program

   1. Front Matter

      Pages 1-1

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   2. Prerequisites for Contemporary Econometrics and Systems Modelling

      • Alexis Lazaridis

      Pages 3-26

3. Back Matter

   Pages 27-49

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4. Specification and Estimation The Ordinary Least Squares Method Basic Assumptions — Tests Required Marginal Effects, Elasticities, Predictions, Confidence Intervals Recursive Residuals and Relevant Statistics Use of Dummy Variables

   1. Front Matter

      Pages 51-51

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   2. The Classical Linear Model. Specific Computations

      • Alexis Lazaridis

      Pages 53-81

   3. Dummy or Control Variables and Additional Tests

      • Alexis Lazaridis

      Pages 82-101

5. Back Matter

   Pages 102-117

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6. Remedies When Basic Assumptions are Violated Feasible Generalized Least Squares (FGLS) Estimators Extensions of Usual System Models Fixed Effects and Random Effects Models Models with Binary Dependent Variable Tests Required. Interpretation of the Results

   1. Front Matter

      Pages 119-119

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   2. Basic Assumptions: Further Considerations

      • Alexis Lazaridis

      Pages 121-159

   3. Extension of the Usual System Models

      • Alexis Lazaridis

      Pages 160-194

7. Back Matter

   Pages 195-201

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8. Time Series-Stationarity Vector Autoregressive (VAR) Models Co-Integration Analysis and Relevant Tests Singular Value Decomposition to Compute Co-Integration Vectors The Error Correction Models and Dynamic Simulation Models with Categorical Dependent Variable Count Models Survival Analysis Seemingly Unrelated Regression (SUR) Models

   1. Front Matter

      Pages 203-203

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   2. Advanced Time Series Modeling

      • Alexis Lazaridis

      Pages 205-251

   3. Health Service Modeling and Multiple-Equations Models

      • Alexis Lazaridis

      Pages 252-272

9. Back Matter

   Pages 273-284

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10. Simultaneous Equation Models Model Identification Estimation Methods Dynamic Systems Optimal Control Systems with Random Parameters Analytical Applications

    1. Front Matter

       Pages 285-285

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    2. Simultaneous Equation Models and Dynamic Systems

       • Alexis Lazaridis

       Pages 287-319

    3. Optimal Control of Linear Dynamic Systems

       • Alexis Lazaridis

       Pages 320-335

    4. Optimal Control of Dynamic Systems with Random Parameters

       • Alexis Lazaridis

       Pages 336-366

Dynamic Systems in Management Science explores the important gaps in the existing literature on operations research and management science by providing new and operational methods which are tested in practical environment and a variety of new applications.

• management
• modeling
• operations research
• optimal control
• service

Alexis Lazaridis was Professor of Economics at Aristotle University of Thessaloniki, Greece prior to his retirement. He taught Econometrics and Computing and reviewed a number of papers mainly for the Journal of Economic Dynamics and Control. He received his Master's degree in National Economic Planning and Ph.D. in Economics from the University of Birmingham, UK. He worked at the Hellenic Sugar Company and later in the Greek Ministry of National Economy. Alexis was a member of the Administrative Board of the Organization of Mediation and Arbitration, ex-member of the Administrative Board of the Centre of International and Economic European Law, and of the Supreme Labour Council. He was elected Head (Chairman) of the Economics Department, Faculty of Law and Economics, Aristotle University of Thessaloniki. In this period he organized a databank of economic information, the first in the area of Northern Greece. During his term of service as Head of the Department, he conferred an honorary doctoral degree upon the President of the Republic of Cyprus. Previously, he pronounced the Secretary General of the Legal Services of the EU an honorary member of the Centre of International and Economic European Law. In addition to the books and scientific papers he has published, Alexis has also developed many computer programs of particular importance for system analysis that are widely used by students and other researchers.

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