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The present paper provides a substantial re-conceptualization of the serial clearing of the product market on the basis of structural axioms. This change of premises is required simply because from the accustomed premises only the accustomed conclusions can be derived and these are known to be...
Persistent link: https://www.econbiz.de/10011259782
The Easterlin Paradox—the perceived absence of a relationship between economic progress and happiness—is one of the most important continuing debates in economics. Yet, both sides of the extant debate are anchored on valid mathematical arguments. The preponderance of evidence is therefore...
Persistent link: https://www.econbiz.de/10011260089
, economic growth takes place using two inter-connected phenomena: (a) reduction in time necessary to produce “the set of goods … currently consumed” (first form of value depreciation) and (b) using the free time to produce additional goods, as a result of … to the “degree of poverty". The importance of time is stressed, as well as the interconnection between the free time in …
Persistent link: https://www.econbiz.de/10011260254
This brief paper derives the value of headway, i.e. the time interval between departures, for a scheduled service. It … presents a consistent framework in which users have scheduling costs, time costs and planning costs. The model represents both … in marginal costs is the value of time multiplied by half the headway. …
Persistent link: https://www.econbiz.de/10005260259
seem to band them together as this article will attempt to do, physics and economics are conjoined. Space, Time , Matter …
Persistent link: https://www.econbiz.de/10009228914
Online game players tend to differ in the duration of time they play. However, no matter whether the time on playing an … time usage in computer games, there is no research exploring the direct effect of time on online game playing performance …. As a result, this research aims to investigate the effect of time on player performance based on the case of an online …
Persistent link: https://www.econbiz.de/10009644930
’ knowledge and demonstrates how time is lost and gained within the context of knowledge. The sum of knowledge is the last major …
Persistent link: https://www.econbiz.de/10005786887
generalize approximately to the case where the mean and standard deviation of duration depend on the starting time. Empirical …
Persistent link: https://www.econbiz.de/10005837545
efficiency time gains in the unconditioned layouts are between 3 and 6.8%. Also, when the manager claims that his three forwards … is about 1 to 3% of the approximately 40´ effective time spent into passes and markings from both teams. …
Persistent link: https://www.econbiz.de/10008543532
complexity, time and change which Alfred Marshall recognized as essential aspects of his subject but which were not readily dealt …
Persistent link: https://www.econbiz.de/10009022008