Showing 1 - 10 of 16
This paper derives several simple matching algorithms for special cases of a continuous two sided matching model where agents have single peaked preferences and face no costs or restrictions to matching. These algorithms allow matches to be computed as an explicit function of the parameters of...
Persistent link: https://www.econbiz.de/10011107671
Abstract. This paper analyzes matching markets where agent types are n-vectors of characteristics--i.e. points in R^n --and agents prefer matches that are closer to them according to a distance metric on this set (horizontal preferences). First, given a few assumptions, I show that in the...
Persistent link: https://www.econbiz.de/10011110355
The first appearance of a reference to a Bourbaki mathematical result was the spoof by D.D. Kosambi, published in the first volume of the Bulletin of the Academy of Sciences of the United Provinces of Agra and Oudh, eighty years ago, although it was not the first reference to Bourbaki in a...
Persistent link: https://www.econbiz.de/10009421512
The mathematisation of economic theory is an issue that has been discussed many times. These discussions have been dominated by debate about the appropriateness of the deductive method for economics. This rather narrow focus has pushed a number of important methodological issues regarding the...
Persistent link: https://www.econbiz.de/10009479930
Universities represent a highly complex organizational structure that is beset with serious informational problems. A simplistic allocation rule based on university rankings is sometimes applied to fund disciplines/departments in order to promote efficiency. This study shows the pitfalls of...
Persistent link: https://www.econbiz.de/10009482131
Potential customers in customer markets are typically dichotomised into actual and prospective customers. If the firm holds its price firm, the actual customers hold their reserves/reservation price firm and repeat their purchases. On the other hand, prospective customers? reserves may be...
Persistent link: https://www.econbiz.de/10009482174
This paper attempts to analyze “central place theory” of spatial economics based on “supply and demand theory” in microeconomics and “field theory” in physics, and also discuss their relationship. Three most important research findings are described below. Firstly, the concept of...
Persistent link: https://www.econbiz.de/10005787222
José Alonso López is among the most suggestive figures of the first Spanish liberalism. Some of the most outstanding features in his thought are the object of this article: the links between political and economic liberalism; his criticisms to economic abstractions detached from factual...
Persistent link: https://www.econbiz.de/10008543339
In this paper I attempt to show that mathematical economics is unreasonably ineffective. Unreasonable, because the mathematical assumptions are economically unwarranted; ineffective because the mathematical formalizations imply nonconstructive and uncomputable structures. A reasonable and...
Persistent link: https://www.econbiz.de/10008543395
En este artículo, los autores pretenden mostrar y explicar cómo la Teoría de Lie se puede aplicar a la resolución de algunos problemas relativos a la Economía y a las Finanzas. Concretamente, se realiza un análisis de dos de esos problemas y se discuten tanto sus aspectos matemáticos como...
Persistent link: https://www.econbiz.de/10005403970