scholarly journals Convergence to Natural Prices in Simple Production

2011 ◽  
Author(s):  
Ian P. Wright
Keyword(s):  
Natural Prices ◽  
Simple Production

The Methodology of Wealth of Nations

2017 ◽  
Author(s):  
Eric Schliesser
Keyword(s):  
Successive Approximation ◽  
David Hume ◽  
Scientific Theory ◽  
Research Tool ◽  
Natural Course ◽  
Market Prices ◽  
Wealth Of Nations ◽  
Natural Prices

This chapter aims to give an interpretation of Adam Smith’s main methods in Wealth of Nations. It does so by focusing on the crucial analytical distinction between natural prices and market prices. Smith postulates a “natural course” of events in order to stimulate research into institutions and other causes that cause actual events to deviate from it. For Smith, scientific theory is among other functions, a research tool that allows for a potentially open-ended process of successive approximation. Smith’s explanation of the introduction of commerce in Europe is contrasted with that of his friend and forerunner David Hume. Hume’s essay “Of the Populousness of Ancient Nations” may have inspired Smith to develop his method.

THE SELECTION OF TECHNIQUES IN MULTISECTORAL MODELS OF SIMPLE PRODUCTION: A MATHEMATICAL REVISION

1980 ◽  
Vol 32 (2-3) ◽  
pp. 155-171 ◽  
Author(s):  
Carmen Herrero ◽  
Ignacio Jimenez-Raneda ◽  
Antonio Villar
Keyword(s):  
Simple Production ◽  
Selection Of

Simple production of 77Br− and 123I− and their use in the labelling of [77Br]BrUdR and [123I]IUdR

1979 ◽  
Vol 30 (1) ◽  
pp. 39-43 ◽  
Author(s):  
H. Lundqvist ◽  
P. Malmborg ◽  
B. Långström ◽  
Suparb na Chiengmai
Keyword(s):  
Simple Production

scholarly journals Anomaly detection in server metrics with use of one-sided median algorithm

2017 ◽  
Vol 9 (1) ◽  
pp. 5-22
Author(s):  
Szymon Zacher ◽  
Przemysław Ryba
Keyword(s):  
Time Series ◽  
Anomaly Detection ◽  
Detection Rate ◽  
Short Description ◽  
Algorithm Performance ◽  
Mail Service ◽  
Over Time ◽  
Simple Production ◽  
Good Detection

AbstractIn this paper we consider the problem of anomaly detection over time series metrics data took from one of corporate grade mail service cluster. We propose the algorithm based on one-sided median concept and present some results of experiments showing impact of parameters settings on algorithm performance. In addition we present short description of classes of anomalies discovered in monitored system. Proposed one-sided median based algorithm shows great robustness and good detection rate and can be considered as possible simple production ready solution.

Equilibrium Theory: A Simple Production Model

2019 ◽  
pp. 451-457
Author(s):  
Tomas Björk
Keyword(s):  
Equilibrium Problem ◽  
Optimization Problem ◽  
Dynamic Equilibrium ◽  
Equilibrium Theory ◽  
Production Model ◽  
Stochastic Discount Factor ◽  
Equilibrium Concept ◽  
Precise Formulation ◽  
Central Planner ◽  
Simple Production

This is the first of several chapters dealing with the dynamic equilibrium theory. As an instructive first example we study a simple Cox–Ingersoll–Ross type of production model. The equilibrium concept is given a precise formulation and we derive the equilibrium short rate as well as the equilibrium stochastic discount factor. We also study the associated optimization problem for a central planner and prove that this is equivalent to the equilibrium problem.

Domestic Outsourcing and Workers’ Bargaining Power in a Simple Production System

2020 ◽  
Vol 39 (1) ◽  
pp. 42-56
Author(s):  
Aldo Barba
Keyword(s):  
Technical Progress ◽  
Technical Change ◽  
Production System ◽  
Bargaining Power ◽  
Wide Range ◽  
Regulated Firms ◽  
Domestic Outsourcing ◽  
A New Technique ◽  
Distributive Conflict ◽  
Simple Production

Abstract Outsourcing is normally conceived as the result of a cost-minimizing choice of a new technique that also implies a redefinition of the boundaries between firms and sectors. In this paper, we will argue instead that many outsourcing activities do not necessarily imply technical change and that the phenomenon can be explained by placing it in connection with the radical modification of the way in which wages are set for workers in a wide range of poorly regulated firms and industries. More than as an aspect of the spread of technical progress, outsourcing will be analyzed as an important mechanism through which workers are divided and their bargaining power is weakened, thus changing the outcome of the distributive conflict between profit and wages.

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