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In many economic contexts, a given function can be disaggregated as a linear combination of gradients. Examples include the literature on the characterization of aggregate demand and excess demand, as initiated by Sonnenschein (1973ab), and the model of efficient household behaviour recently...
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Researchers have long believed the concept of "excitement" in games to be subjective and difficult to measure. This paper presents the development of a mathematically computable index that measures this concept from the viewpoint of an audience. One of the key aspects of the index is the...
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This paper suggests that mathematics may have become so important in economics for four reasons: (1) to make use of …
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In this paper we present a meta-heuristic, known as a genetic algorithm, in order to solve the problems of (weigthed) independent set (IS), vertex covering (VC), set packing (SP) and maximum clique (MC).
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