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A Really GENERAL Decomposition Algorithm for Very Large Linear Optimization Problems Proven theory as Regards Optimality and Finality Advantageous for very large problems with a rather small percentage of real variables in the optimal solution - Simplex method is used as a calculating...
Persistent link: https://www.econbiz.de/10008855812
Nobel prize to Professor Amartya Sen is a recognition to value based orientation and ethical dimensions of economics, and it is this aspect that invites attention of all those who plead for the role of human values and ethics in economics.
Persistent link: https://www.econbiz.de/10011109861
h-index retrieved by citation indexes (Scopus, Google scholar, and Web of Science) is used to measure the scientific performance and the research impact studies based on the number of publications and citations of a scientist. It also is easily available and may be used for performance measures...
Persistent link: https://www.econbiz.de/10011112662
There has been so much debate on the increasing use of formal methods in Economics. Although there are some studies tackling these issues, those use either a little amount of papers, a small amount of scholars or a short period of time. We try to overcome these challenges constructing a database...
Persistent link: https://www.econbiz.de/10011112820
This article proposes to analyze Grameen Bank operational system and its own evolution, illustrating the reasons for which to Professor Yunus's mission has been conferred an important award as Nobel Peace Prize 2006, evidencing the values that support this economics theory and the innovations...
Persistent link: https://www.econbiz.de/10005623441
For decades, the academic literature has focused on three survey measures of expected inflation: the Livingston Survey, the Survey of Professional Forecasters, and the Michigan Survey. While these measures have been useful in developing models of forecasting inflation, the data are low frequency...
Persistent link: https://www.econbiz.de/10009647457
This paper represents shortly the contribution of the Professor Lucas in modern macroeconomics, notably famous criticism of the Keynesian models. Contribution which was worth him the Nobel prize of economy 1995.
Persistent link: https://www.econbiz.de/10005835589
Economists have always been interested in the workings of the financial markets, but most of them neither seek nor get …) economists became involved in the financial markets, and what that professional involvement has entailed, in order to come up … with implications for economists who are considering working in the financial markets as well as for the universities that …
Persistent link: https://www.econbiz.de/10005616608
This paper demonstrates how the transformation of the taxi industry is an example of Coase’s Theorem in practice. The Coase Theorem, as postulated by Nobel Laureate Ronald Coase (1991), is one of the simplest yet profound ideas in economics. The recent advent of new mobile app entrants in the...
Persistent link: https://www.econbiz.de/10011212222
How did modern and centralized fiscal institutions emerge? We develop a model that explains (i) why pre-industrial states relied on private individuals to collect taxes; (ii) why after 1600 both England and France moved from competitive methods for collecting revenues to allocating the right to...
Persistent link: https://www.econbiz.de/10011258689