epub |eng | | Author:Atle Seierstad

(3.56) In case of (3.52), this condition often follows more or less automatically. The following maximum principle will normally hold as a necessary condition for optimality. The assumptions on subsequent ...

epub |eng | | Author:Julie Zahle & Finn Collin

7.5 The Diversity of Social Macro Properties One of the implicit assumptions of the traditional debate is that social macro properties are homogenous. When the debate is conducted at the ...

epub, pdf |eng | | Author:Susheng Wang

The unreasonable SPNE is ruled out. The reason that the BE concept can solve the above problem is that a belief system gives us the opportunity to derive an equilibrium ...

mobi, epub |eng | 2006-09-21 | Author:Tom Siegfried

SOCIAL PHYSICS Quetelet, who was born in Ghent in 1796, made a major mathematical contribution to society that most Americans today are uncomfortably familiar with, although few people know to ...

epub |eng | | Author:Daniel T. Jessie & Donald G. Saari

© Springer Nature Switzerland AG 2019 D. T. Jessie, D. G. SaariCoordinate Systems for GamesStatic & Dynamic Game Theory: Foundations & Applicationshttps://doi.org/10.1007/978-3-030-35847-1_4 4. Two-Person Multi-strategy Games Daniel T. Jessie1 and ...

epub |eng | | Author:Panchanan Das

10.2 Univariate Time Series Model It is possible to formulate univariate econometric model with a time series variable. This is because a time variable is random and we can get ...

epub |eng | | Author:Akihiko Matsui

10.2 The Model Consider a world in which infinitely many anonymous and identical agents are randomly matched to play some games. Time is continuous, the horizon is infinite, and each ...

epub |eng | | Author:Toru Maruyama

(15) Since the RSS model (ρ, a, d) has the optimal policy function h = H, (15) implies Since H[1∕(1 − d)] = 1, we have h 3(1) = h(h ...

epub |eng | | Author:Joaquín Marro

When the aggregate has reached a certain size, a new particle—always generated in a place at random—is easily trapped by its outer parts, then it rarely manages to penetrate inside ...

epub |eng | | Author:Titu Andreescu

Remark 7.11. 1)By definition we have (7.2) In other words, if we write for some scalars (which we can always do, since is a basis of V ), then 2)We ...

epub |eng | | Author:David Simchi-Levi, Xin Chen & Julien Bramel

The demand of each retailer is random and depends on the realization of the market signal ω and its own selling price. Specifically, we focus on demand functions of the ...

epub |eng | | Author:Shigeo Kusuoka & Toru Maruyama

for sufficiently large k. Similarly, for sufficiently large k. For such k, we have , where . Then, if c > 0 is sufficiently small, which completes the proof. ■ ...

epub |eng | | Author:Claude Diderich

(3)Why does being less stressed lead to different needs with respect to mobile phones? Because with more spare time available, they have more time to call friends and relatives. In ...

epub |eng | | Author:Sebastian Aniţa, Viorel Arnăutu & Vincenzo Capasso

SC2 : | Ψ(u(k + 1)) − Ψ(u(k)) | < ε. SC3 : . SC4 : ρk < ε1. Let us remark that SC1 and SC3 are equivalent because The ...

epub |eng | | Author:Annamaria Olivieri & Ermanno Pitacco