New answers tagged model
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Is there a digital MONIAC machine?
Launched last week - a complete working digital Phillips Machine! https://www.ft.com/content/547a3fea-378d-45ec-a2cb-cb157ea7a9b4
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what are stakes in cost-benefit terms? Clarifying five examples/contentions
For clarity, let's first understand what "stake" means. According to Merriam-Wester, the word "stake" has several meanings, the most relevant to economics is the following:
3 a: ...
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Derivation in Robert Solow's "A Contribution to the Theory of Economic Growth"
To derive this equation you can use the integrating factor method. You have the first order ordinary differential equation
$$\frac{dr}{dt}+n_1r=\frac{s}{b}.$$
Integrating factor for this equation is $...
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