Contents -- Tom Oskar Martin Kronsjo: A Profile -- About the Editor -- Contributors -- Introduction -- Chapter 1: Methods of Modelling: Mathematical Programming -- Topic 1: Some Unresolved Problems of Mathematical Programming by Olav Bjerkholt -- 1. Introduction -- 2. Linear Programming in Economics -- 3. Frisch and Programming, Pre-War Attempts -- 4. Frisch and Linear Programming -- 5. Frisch's Radar: An Anticipation of Karmarkar's Result -- References -- Chapter 2: Methods of Modeling: Econometrics and Adaptive Control System -- Topic 1: A Novel Method of Estimation Under Co-Integration by Alexis Lazaridis -- 1. Introduction -- 2. Some Estimation Remarks -- 3. The Singular Value Decomposition -- 4. Computing the Co-Integrating Vectors -- 5. Case Study 1: Comparing Co-Integrating Vectors -- 5.1. Testing for Co-integration -- 6. Case Study 2: Further Evidence Regarding the Minimum Variance Property -- 6.1. A Note on Integration -- 7. Case Study 3: How to Obtain Reliable Results Regarding the Order of Integration? -- 8. Conclusion -- References -- Topic 2: Time Varying Responses of Output to Monetary and Fiscal Policy by Dipak R. Basu and Alexis Lazaridis -- 1. Introduction -- 2. The Method of Adaptive Optimization -- 2.1. Updating Method of Reduced-Form Coefficients and Their Co-Variance Matrices -- 3. Monetary-Fiscal Policy Model -- 3.1. Absorption Function and National Income -- 3.2. Monetary Sector -- 3.3. Price and Interest Rate -- 3.4. Balance of Payments -- 3.5. Stability of the Model -- 4. Policy Analysis -- 5. Conclusion -- References -- Appendix A -- Appendix B -- Chapter 3: Mathematical Modeling in Macroeconomics -- Topic 1: The Advantages of Fiscal Leadership in an Economy with Independent Monetary Policies by Andrew Hughes Hallet -- 1. Introduction -- 2. The Fiscal Leadership Hypothesis.

3. Institutional Evidence: The Treasury's Mandate -- 3.1. History -- 3.2. Current Practice -- 4. Empirical Evidence -- 4.1. Monetary Responses -- 4.2. Different Types of Leadership -- 4.3. Observed Behavior -- 4.4. Fiscal Reaction Functions in the UK and Eurozone -- 5. Theoretical Evidence: A Model of Fiscal Leadership -- 5.1. The Economic Model and Policy Constraints -- 5.2. An Alternative Interpretation -- 5.3. Government and Central Bank Objectives -- 5.4. Institutional Design and Policy Choices -- 5.4.1. Stage 1 -- 5.4.2. Stage 2 -- 5.5. The Gains from Fiscal Leadership -- 6. The Co-Ordination Effect -- 6.1. Empirical Evidence -- 7. Conclusions -- References -- Appendix A: Data Sources for Table 3 -- Appendix B: Derivation of the Change in Fiscal Stance Between Regimes -- Topic 2: Cheap-Talk Multiple Equilibria and Pareto ― Improvement in an Environmental Taxation Games 101 by Chirstophe Deissenberg and Pavel Sevcik -- 1. Introduction -- 2. The Model -- 2.1. The Firms, Bs and NBs -- 2.2. The Regulator, R -- 2.3. Dynamics -- 3. The Sequential Nash Game -- 3.1. Derivation of the Solution -- 3.2. Some Properties of the Solution -- 4. The Dynamic Optimization Problem -- 4.1. Formulation -- 4.2. Numerical Results -- 4.3. Multiple Equilibria -- 4.3.1. Phase Diagram -- 5. Sensitivity Analysis and Bifurcations Towards a Unique Equilibrium -- 6. Conclusion -- References -- Chapter 4: Modeling Business Organization -- Topic 1: Enterprise Modeling and Integration: Review and New Directions by Nikitas Spiros Koutsoukis -- 1. Introduction -- 2. Model and Enterprise Terminology -- 3. Enterprise Modeling -- 4. Enterprise Integration -- 5. A Framework Setting for EI Modeling -- 6. Discussion -- 7. Epilogue -- References -- Topic 2: Toward a Theory of Japanese Organizational Culture and Corporate Performance by Victoria Miroshnik -- 1. Introduction.

2. Corporate Performance, the Highest Stage of National and Organizational Culture: A Synthesis -- 3. Japanese National and Organizational Culture -- 3.1. Japanese OC -- 4. A Nation-Organization-Leader-Performance Model -- 5. Discussion -- 6. Conclusion -- References -- Topic 3: Health Service Management Using Goal Programming by Anna-Maria Mouza -- 1. Introduction -- 2. The Details of the Private Clinic in Relation to the Five-Year Plan -- 3. The Nature of the Problem -- 3.1. Specification of the Problem Decision Variables -- 3.2. Formulation of the Constraints (Goals) -- 3.2.1. Personnel Employed -- 3.2.2. Personnel Claims for Salary Increase -- 3.2.3. Complete Utilization of Personnel Capacity in Terms of Working Hours -- 3.2.4. Patient expenses -- 3.2.5. Other Expected Expenses -- 3.2.6. Total Expenses -- 3.2.7. Total Gross Profit -- 3.3. Priority of the goals - The objective function -- 4. Initial Results -- 5. Imposition of a New Constraint -- 5.1. Second-Run Results -- 6. Some Alternatives -- 7. Final Results -- 8. Conclusions -- References -- Chapter 5: Modeling National Economies -- Topic 1: Inflation Control in Central and Eastern European Countries by Fabrizio Iacone and Renzo Orsi -- 1. Introduction -- 2. Inflation Control over 1989-2004 -- 2.1. Transition, Integration, and Accession -- 2.2. Exchange Rate and Direct Inflation Targeting -- 2.3. A Summary of the Results of Previous Analyses -- 2.4. A Structural Model for Monetary Policy -- 3. The Empirical Evidence -- 3.1. Germany -- 3.2. Poland -- 3.3. Czech Republic -- 3.4. Slovenia -- 3.5. Some Concluding Remarks -- References -- Appendix A Summary of the Results -- Topic 2: Credit and Income: Co-Integration Dynamics of the US Economy by Athanasios Athanasenas -- 1. Introduction -- 2. The Credit Issue Researched: A Brief Note on the US Economy -- 3. Methodological Issues and Data.

4. Co-Integration -- 4.1. The VAR Model and The Equivalent ECVAR -- 4.2. Dynamic System Stability -- 4.3. The Estimated Co-Integrating Vectors -- 4.4. Essential Remarks -- 4.5. The ECM Formulation -- 4.6. Dynamic Forecasting with an ECVAR -- 5. Conclusions and Implications -- References -- Index.