[I] t is not possible to know whether
standard economic models, often relied on for antitrust analysis, apply to multi-sided platforms without explicitly considering the existence of multiple customer groups with interdependent demand....
Studies on economic stress and marital dissolution In
standard economic models of marriage, pecuniary gains from a spouse play a central role in the assessment of fit of a relationship (Becker, Landes, & Michael, 1977; Charles & Stephens, 2004).
(In fact, I think most of
the standard economic models probably under - estimate real costs because they assume efficient policies (e.g., a carbon tax coupled with a well - designed technology investment program).
«Many previous studies have shown that people's political views can not be predicted by
standard economic models,» Petersen explains.
In
a standard economic model, the long - term consequence of that windfall is higher cash wages for employees, which offset the new taxes.
A second feature of
the standard economic model is the radical dualism between human beings and the natural world.
In Managing Without Growth, Victor runs
a standard economic model that shows that if you stop or reduce GDP growth, then poverty and unemployment suddenly shoot up.
While a rising elasticity contradicts
the standard economic model in which price - sensitivities don't change much over time, Point # 5 provides a reasonable explanation: gasoline prices (and energy prices in general) had fluctuated so wildly for decades, and a sense of entitlement to cheap gasoline had become so ingrained in American society, that it took a long time for households and businesses to internalize the rise in pump prices — to regard it as real.
Not exact matches
The relationship between monetary policy and financial stability may depend on the specific
economic conditions in which we find ourselves.6 Moreover, the processes resulting in financial cycles, with periods of unsustainable debt buildup, occasional crises and periods of deleveraging, are not well captured by
standard models.7 We have more work to do before we can be fully confident about our conclusions.
A spokesperson for the LTA explained that the
Model S in question was tested under the United Nations
Economic Commission for Europe (UNECE) R101
standards.
According to the national economics
standards, students should be taught only the «majority paradigm» or «neoclassical
model» of
economic behavior, for to include «strongly held minority views of
economic processes risks confusing and frustrating teachers and students, who are then left with the responsibility of sorting the qualifications and alternatives without a sufficient foundation to do so.»
And despite the government not yet releasing the Treasury
modelling underpinning its scheme, the campaign will also focus on «the consequential adverse impact on jobs,
economic growth and living
standards».
It is the central theme of The Death of Economics that the simple
model of perfect competition which lies at the heart of much
standard economic teaching is seriously flawed, and that policies based on it will be erroneous.
A kiln that turns wood into charcoal continuously rather than in batches, and at a higher efficiency than
standard models, could lead to Britain's neglected woodlands being put to
economic use, its Yorkshire inventor claims.
Such comprehensive improvements would cost an estimated $ 96 billion, according to the
model, but could reduce HIV incidence in the U.S. by 54 percent and the mortality rate by 64 percent, at a cost - effectiveness ratio of $ 45,300 per quality - adjusted life year, or QALY, a
standard economic measure of the value of a medical intervention.
Economic Modeling: Our economic modeling core, led by Dr. Ann Wu, uses a variety of modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to standard newborn sc
Economic Modeling: Our economic modeling core, led by Dr. Ann Wu, uses a variety of modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to standard newborn sc
Modeling: Our
economic modeling core, led by Dr. Ann Wu, uses a variety of modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to standard newborn sc
economic modeling core, led by Dr. Ann Wu, uses a variety of modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to standard newborn sc
modeling core, led by Dr. Ann Wu, uses a variety of
modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to standard newborn sc
modeling approaches to project the medical and financial consequences of genomic medicine, including the use of pharmacogenomic testing to inform medication choices and the use of sequencing as an adjunct to
standard newborn screening.
Keywords: Risk management, measuring uncertainty, failure of
models that predict failure, complexity theory,
standard out of equilibrium level, irrational expectations on
economic rational actor
model.
Category: English, North America, Transversal Studies, Your experiences, Your ideas · Tags: complexity theory, failure of
models that predict failure, irrational expectations on
economic rational actor
model, measuring uncertainty, Risk management,
standard out of equilibrium level
In particular, our preferred
model finds that a ten percentage point increase in private share of schooling enrollment within a nation, over time, is associated with a 7.4 % of a
standard deviation increase in the Political Rights Index and an 8 % of a
standard deviation increase in the
Economic Freedom of the World Index.
, Irish Times, October 23 Louise Jury, «Now they're REALLY taking the p ***: urinating
model is shortlisted for Turner Prize», London Evening
Standard, October 22 Aidan Dunne, «Derry courts controvery as Turner Prize opens offshore for first time», Irish Times, October 22 «Turner Prize exhibition due to open in Londonderrry», BBC news, October 22 «Turner Prize Exhibition Unveiled In Derry For City of Culture 2013», Artlyst.com, October 22 Ashoke Nag, «Christie's London evening auctions of post-war classics and Italian sales raises 54,586,900 euros», The
Economic Times, October 22 Ashoke Nag, «Collectors from around the world gathers at Sotheby's Frieze Week sale in London», The
Economic Times, October 18 Anny Shaw, «The Kids are alright», The Art Newspaper, October 18 Mary M. Lane, «Christie's Sells View of a Space Station for $ 3.8 Million», The Wall Street Journal, October 18 «The ArtLyst Power 100: 2013 Alternative Art Power List Unveiled», Artlyst.com, October 16 «Chistie's Art Cornucopia: Auction Houses as Exhibition Spaces», Huffington Post, October 13 Colin Gleadell, «London auctions capitalise on Frieze week», The Telegraph, October 8 «The Power 1000 — London's most influential people 2013: Imagineers, Artists and Curators», London Evening
Standard, September 19 «Slideshow: See Massimiliano Gioni's Encyclopaedic Palace in 20 Key Works», Blouin Artinfo, August 1 «John Moores Painting Prize 2013 new open for entries», a-n, July 25 «Lynette Yiadom - Boakye», ART post blog, July 16 «Tate Patrons Report 2012 - 2013», Tate, London, pp. 16 - 17 James Hilton, «Who is Lynette Yiadom - Boakye?»
China and India's massive spike in emissions are intimately linked to their governments» frenetic embrace of this export
model of development, which always sacrificed environmental and labor
standards in the name of rapid
economic growth.
That's a
standard bit of
economic modeling prestidigitation, meant to account for the fact that people value present goods (or harms) more highly than future ones.
Synapse performs operational and planning
modeling analyses of electric power systems using industry -
standard models such as Strategist, EnCompass, Market Analytics, PROMOD, and PLEXOS to evaluate long - term energy plans, assess the environmental and
economic impacts of policy initiatives, and review utility system
modeling.
Their CO2 emission «scenarios», for example, are based on
economic models that don't conform to the UN's own
standard economic methodologies (for example, using currency exchange rates instead of purchasing power parity).
Above all, these supposed
modeling experts and climate scientists need to terminate their biases and their evangelism of political agendas that seek to slash fossil fuel use, «transform» our energy and
economic systems, reduce our
standards of living, and «permit» African and other impoverished nations to enter the modern era only in a «sustainable manner,» as callous elitists often insist.
Yet, despite the fact that the
models systematically overstate the costs of cutting emissions, they consistently produce estimates of reductions in
economic growth rates that are, by any
standard, minuscule.
BHI is now pursuing a similar strategy (to the attacks on renewable energy
standards) of using misinformation and flawed
economic modeling to support state legislative efforts that weaken the EPA Clean Power Plan.
Synapse also routinely performs operational and planning
modeling analyses of electric power systems using industry -
standard models such as Strategist, Market Analytics, PROMOD, and PLEXOS, and applies
economic models such as REMI and IMPLAN to estimate impacts of electric sector policies and investments on employment, gross domestic or state product, and other metrics.
While there are many
standard climate
models to intercompare, and agreed yardsticks to compare them against, there is no analogous suite of
economic models.
Taking such an approach may help us make it through the night, but it's unlikely to achieve our long - term
economic or environmental goals, as we are holding our
models to a
standard they can not meet.
Profitability at the matter level can also be expressed in terms of the law firm
economic model, in which profits equal the product of realization rate, average
standard billing rate, leverage, margin and utilization.
Together the panelists discuss how technology is changing the procurement process and legal purchases, the need for legal business
models to adapt to current
economic standards, and whether artificial intelligence will render lawyers obsolete in the future.