Northwest Corner and Banded Matrix Approximations to a Countable Markov Chain∗ Yiqiang Q. Zhao‚ W. John Braun‚ Wei Li† Department of Mathematics and Statistics University of Winnipeg Winnipeg‚ MB Canada R3B 2E9 September 2‚ 2004 Abstract: In this paper‚ we consider approximations to countable state Markov chains and provide a simple‚ direct proof for the convergence of certain probabilistic quantities when one uses a northwest corner or a banded matrix approximation to the original probability
Premium
Signaling and risk allocation in merger agreements Antonio J. Macias* Thomas Moeller** Abstract Acquirers and targets allocate interim risk in merger agreements through Material Adverse Change (MAC) clauses and exclusions. While virtually all acquisitions have MAC clauses‚ there is broad cross-sectional variation in the number and type of MAC exclusions. Using comprehensive hand-collected data‚ we find that acquisitions with fewer firm-specific MAC exclusions‚ i.e.‚ stronger abandonment options
Premium Mergers and acquisitions Information asymmetry
TO: FROM: DATE: SUBJECT: Shuzworld distribution pattern gives a clear view of Shuzworld strategies of growth from it’s foundations to becoming a company niche in the market. From the spear headers tactics they therefore used different combination of patterns driving the company to have explosive achievements. It laid on a plan to enter in to the mass market with a clear mission of becoming a nation wide retailer that was in between it’s foundation in 1965 to 1980s to date where it is
Premium Costs Variable cost Shoe
Ncert Cbse Guide Class IX‚ Economics | The Story of Village Palampur – Hot Questions with Solution (IX_Economics_Chap1) Class 9‚ NCERT Guide for Social Science (Economics) Chapter 1‚ Understanding Economics THE STORY OF PALAMPUR CBSE Sample (Hot) Questions (following latest CCE scheme of CBSE) Q.1: What are the factors of production (resources required for production)? Answer: These are Land‚ Labour‚ Physical capital and Human capital. The Physical capital include: (a) Fixed capital
Premium Agriculture
Physics 315 Summer 2012 Homework #14 (due July 19) To receive full credit‚ all answers must be typed‚ grammatically correct‚ and all sources must be properly referenced. Do not copy material; answer in your own words. The questions are each worth five points. 1. Suppose we look at a distant quasar. If an inhabitant of the host galaxy of that quasar looked at the Milky Way at the same time we looked at their galaxy‚ what kind of object might they see? Explain. How would the color of light
Premium Milky Way Galaxy Redshift
The Effect of Drop Height on Bounce Height with Golf Balls Abstract: The effect of bounce height and drop height with a Titleist golf ball and Top Flight golf ball was observed from three different heights. The first golf ball used while conducting this experiment was the more expensive option‚ “Titleist”‚ which has a softer core and is therefore expected to have less bounce. The second golf ball used in this experiment was a ball with a different interior structure than the first. A less
Premium Golf Statistics Golf ball
I could see them coming down the street on their skateboards. They were big‚ mean and ugly. They were the neighborhood bullies. I was new to the neighborhood‚ so naturally I was the one they picked on. They skated by and stopped at the edge of the sidewalk were I was playing with my Gameboy. They left their skateboards on the sidewalk and walked toward me. Before I knew it I was being picked up by my underwear and held high above the ground. Due to the severe pain I dropped my Gameboy; they picked
Premium 2008 albums Ant colony Ant
Change Over Time Writing assignment: From 5‚000 BCE to 600 BCE‚ the politics of Mesopotamia shifted from a religiously-led nation‚ to a secular nation due to the replacement of hunting and gathering for food‚ with agriculture. In 5‚000 BCE‚ Mesopotamia was settled by the Sumerians‚ who built the main framework for the Mesopotamian Civilization. Mesopotamia is located between the Tigris and Euphrates Rivers‚ which is what made it an excellent place for growing crops. This change in lifestyle sparked
Free Mesopotamia Tigris Social class
Introduction A doomsday event is a specific‚ plausibly verifiable or hypothetical occurrence which has an exceptionally destructive effect on the human race. The final outcomes of doomsday events may range from a major disruption of human civilization‚ the extinction of humanity‚ the extinction of all life on the planet Earth‚ the destruction of the planet Earth‚ the annihilation of the Solar system‚ to the annihilation of our galaxy or even the entire universe. Even though the term “doomsday”
Premium Earth Mexico City Eschatology
Some Early Definitions of Civilizations Civilization comes from the Latin word "civis‚" meaning "citizen."The term civilization has been defined and understood in a number of ways in a situation when there is no widely accepted standard definition. Civilizations have distinctly different settlement patterns from ordinary societies. The word civilization is sometimes defined as "a word that simply means ’living in cities’" (Standage 2005:25). Non-farmers gather in cities to work and to trade. Civilization
Premium Civilization Agriculture City