stock is held fixed, the aggregate supply function or price is TC plus Profit=TR. Letting P= profit, wN equaling TVC, and pO … continue to use his own original, simultaneous, four equation, IS-LM model because he could not satisfactorily integrate price … and profit expectations into the IS portion of the model. Keynes's model of an Aggregate Demand Function, D, and an …

that all probability preferences were linear. The whole is nothing more than the individual sum of each part. The third … axiom was that all the relevant information, data, evidence or knowledge base is complete, so that individual decision … asserted that all rational decision makers would be able to actually maximize utility and returns as long as government would …

additive probabilities,sub additive probabilities, interval valued estimates, decision weights, etc, in Parts II, III, IV and V …

B. Hill’s work on the “Confidence approach “ to decision making under uncertainty is based on the use of interval …

Eight centuries ago, Thomas Aquinas clearly differentiated between probability and uncertainty in decision making. He … the just price was likely to be inaccurate, due to missing or incomplete information so that the best one could do in a … possibly upper bounds) bound on the part of the buyer, where it was likely that the just price would lie, after a process of …

Economic behavior strives for efficiency. Therefore, also evolving network structures should be a result of such a goal … comply with the efficiency postulate are either firms or markets. Having a goal in mind, however, does not incur a set of …