This article presents a Monte Carlo evaluation of some alternative estimators for a demand model when the budget constraint is piecewise-linear and the budget set is convex. We examine the performance ...
This is a preview. Log in through your library . Abstract We consider an economic lot-sizing problem with a special class of piecewise linear ordering costs, which we refer to as the class of modified ...
Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...
Jonathan Haidt, the well-known psychologist from New York University, started as a "typical" liberal intellectual, but came to appreciate the awesome ability of free markets to improve the lives of ...
Simultaneous equations like 𝒚 = 2𝒙 - 1 and 𝒚 = 𝒙 + 1 can be represented graphically. To solve the equations graphically, the two lines 𝒚 = 𝒙 + 1 and 𝒚 = 2𝒙 - 1 are drawn on the same diagram.
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