Results 141 to 150 of about 1,409,023 (291)
Capital‐Labour Substitution in Macroeconomics: A Survey of Mechanisms, Dynamics and Policy Insights
ABSTRACT Macroeconomic conclusions often hinge on a single, hard‐to‐pin‐down parameter: the elasticity of substitution between capital and labour, σ. This survey synthesises theory and evidence on how results change once we move beyond the Cobb–Douglas benchmark (σ=1$\sigma = 1$).
Francisco Rebelo, Fernando Del Río
wiley +1 more source
A Threshold‐Price Approach to Oligopolistic Competition: A Resolution to the Bertrand Paradox
ABSTRACT In homogeneous‐product markets, changing a price does more than alter a firm's profit margin: it may also determine which competitors can profitably remain active. This paper develops a new static theory of price competition based on this observation.
N. Túñez‐Area
wiley +1 more source
Bias Against Boltzmann Brains?
ABSTRACT A popular indifference principle for self‐locating probability faces skeptical challenges, most notably a skeptical challenge concerning Boltzmann Brains. We examine the prospects for various views that prescribe some degree of bias in place of indifference.
Sinan Dogramaci +3 more
wiley +1 more source
Probability in universal algebra
In this thesis we investigate what is the probability that a randomly chosen finite algebra has a certain property. To this end we use concepts from universal algebra as well as combinatorics and probability theory.
Aichinger, Florian
core
ABSTRACT In VECMs (or CVARs), the weak exogeneity of some of the variables (for the long‐run parameters) is related to the equilibrium adjustment dynamics. This has sometimes led to the statistical concept of weak exogeneity being given a causal interpretation.
Emanuele Lopetuso, Michael P. Clements
wiley +1 more source
ABSTRACT The National Science Foundation Robert Noyce Teacher Scholarship Program (Noyce) aids in the recruitment of undergraduate students completing a STEM degree with teacher certification. As little is known how Noyce has influenced current career experiences of their alumni, this study, guided by descriptive phenomenology and self‐determination ...
Gina Childers +9 more
wiley +1 more source
On the boundary Carrollian conformal algebra. [PDF]
Buzaglo L +5 more
europepmc +1 more source
Agentic workflows will need a principled account of how data relates to scientific inference. We benchmark thirteen off‐the‐shelf compression implementations; the best already sits within 2.5×$\times$ of the entropy bound. We propose inference‐sufficient representations: model‐based representation, employing abductive inference, can reduce storage a ...
Ondrej Dyck +5 more
wiley +1 more source
Relative-Entropy Variational Principle for Semiclassical Gravity with Finite-Resolution Boundaries. [PDF]
Nusbaumer O.
europepmc +1 more source
The Retirement Spending Smile Revisited: Cross‐Sectional Patterns Versus Within‐Household Dynamics
ABSTRACT The “retirement spending smile” (Blanchett, 2014), a U‐shaped pattern in the rate of retiree spending change, has influenced how advisors project retirement spending. We reconstruct Blanchett's analysis using RAND HRS/CAMS data (2001–2009) and extend it with panel methods through 2021.
Derek Tharp
wiley +1 more source

