Abstract: This paper used an asymmetric informative concept to apply in the macroeconomic model estimation of the tourism sector in Thailand. The variables used to statistically analyze are Thailand international and domestic tourism revenues, the expenditures of foreign and domestic tourists, service investments by private sectors, service investments by the government of Thailand, Thailand service imports and exports, and net service income transfers. All of data is a time-series index which was observed between 2002 and 2015. Empirically, the tourism multiplier and accelerator were estimated by two statistical approaches. The first was the result of the Generalized Method of Moments model (GMM) based on the assumption which the tourism market in Thailand had perfect information (Symmetrical data). The second was the result of the Maximum Entropy Bootstrapping approach (MEboot) based on the process that attempted to deal with imperfect information and reduced uncertainty in data observations (Asymmetrical data). In addition, the tourism leakages were investigated by a simple model based on the injections and leakages concept. The empirical findings represented the parameters computed from the MEboot approach which is different from the GMM method. However, both of the MEboot estimation and GMM model suggests that Thailand’s tourism sectors are in a period capable of stimulating the economy.
Abstract: One of the most used assumptions in logic programming
and deductive databases is the so-called Closed World Assumption
(CWA), according to which the atoms that cannot be inferred
from the programs are considered to be false (i.e. a pessimistic
assumption). One of the most successful semantics of conventional
logic programs based on the CWA is the well-founded semantics.
However, the CWA is not applicable in all circumstances when
information is handled. That is, the well-founded semantics, if
conventionally defined, would behave inadequately in different cases.
The solution we adopt in this paper is to extend the well-founded
semantics in order for it to be based also on other assumptions. The
basis of (default) negative information in the well-founded semantics
is given by the so-called unfounded sets. We extend this concept
by considering optimistic, pessimistic, skeptical and paraconsistent
assumptions, used to complete missing information from a program.
Our semantics, called extended well-founded semantics, expresses
also imperfect information considered to be missing/incomplete,
uncertain and/or inconsistent, by using bilattices as multivalued
logics. We provide a method of computing the extended well-founded
semantics and show that Kripke-Kleene semantics is captured by
considering a skeptical assumption. We show also that the complexity
of the computation of our semantics is polynomial time.