(Solow, 1997, 90) Put another way, whatever it is that economists do, they do it with models.Colander, David C.Middlebury CollegeEastern Economic JournalEconomists should stop doing it with models (and start doing it with heuristics)", https://www.aeaweb.org/conference/2017/preliminary/paper...
How Do Economists Make Assumptions When Designing Models? Economists make a variety of assumptions when designing models. A basic starting point for some economic models can be assuming unlimited wants and unlimited resources. Such assumptions help to better understand the decisions of individuals, such...
aUntil the mid-1970s, economists had incorporated trade into commodity models mainly through the addition of an export demand or import supply function to the domestic demand and supply framework. 直到70年代中期,经济学家合并了贸易到商品模型里主要通过出口需求或进口供应职能的加法对国内需求框架。 [...
Economists use math as a tool for manipulating and exploring economic models. Sometimes it makes sense to express economic ideas in words; other times, math does a better job. Economics is not math, but rather math is a tool for presenting and manipulating/exploring/using economic models. Many...
The representation of Economics in IPCC Assessment Reports (ARs) has evolved over time and is currently declining. This is especially noticeable in Working Group 2 (WGII), where economists were never very well represented. It is also noticeable that the
还能和我一起玩,在别人需要帮助时,它也能帮助别人 I have invented a robot, in 2003 invented, it could help me to do the housework.Also can play together with me, needs to help when others, it also can help others [translate] aIf the area of the shaded region of the regular hexagon in...
oft-criticizedHomo economicusmodel assumes perfect information. Hayek’s argument implies that markets are valuablebecause we do not know everything we would like to know. In other words, the best arguments against things like price controls have little to do with cold, callous academic models. ...
Thomas J. Sargent: Do I believe them? Yeah, completely. I know a lot of the people who work at the Fed and who are there, and I pretty much know what they know. And in particular, they use models, they use statistics. (and) they deal with uncertainty all the time. They're in ...
says very little about your average policy change and intermediate forecasts. Outsiders can’t critique such models directly, but they can say, “what did this model say in 2007? In early 2009?” That is, not what does the model now say about 2008 given 2007 data, but what did it actua...
aArcelik white goods were priced consistently nationwide. They were the highest priced among domestically manufactured white goods but retailed at prices lower than imported models. Arcelik大型家用电器一贯地在全国范围内定价。 他们是最高价在国内被制造的大型家用电器之中,但零售在价格更低比进口的模型。[...