This need to know the entire Lorenz curve arises already when the Intention is merely to extract e.g. the Gini concentration ratio with a reasonable degree of accuracy, and it becomes more urgent when the informational content of such unidimensional inequality measures is to be supplemented by ...
The equations, with only three variables, looked simple to solve. Lorenz chose starting values -- σ = 10, ρ = 28 and β = 8/3 -- and fed them to his computer, which proceeded to calculate how the variables would change over time. To visualize the data, he used each three-number ...
Objective function: Constrain: Step 1 (given): Construct Lagrange function: Obtain through the three first-order conditions to conduct the Lagrange anal Explain how to calculate the variance and standard deviation of a given set of data. The class of 2x2 bimatrix games with a unique and ...
To consider this relationship (Equation3) as a causal phenomenon requiresaccounting for the endogeneity of the decision of migration, the effects of migration onthe educational attainment of the native labor force, and the skill level of theimmigrants relative to native workers. While such causal ev...
In contrast to the available methods that calculate the needed sample size a priori, the proposed process is based on the evaluation of the predictive accuracy and the calculation of the economic value of the classifier. The predictive accuracy of classifiers with dichotomous outcomes can be calcula...
Binding of arrestin to phosphorylated G-protein-coupled receptors (GPCRs) controls many aspects of cell signaling. The number and arrangement of phosphates may vary substantially for a given GPCR, and different phosphorylation patterns trigger different arrestin-mediated effects. Here, we determine how ...
Capgemini says its model covers 71 countries using the “Capgemini Lorenz curve methodology,” which is built in two stages. First they calculate a country’s total wealth, then they calculate how that wealth is distributed. Credit Suisse says its methodology is “robust” but like the others...
ButPaula Messina, a geologist at San Jose State,used GPS to create a digital mapof the tracks and found that most were, in fact, not parallel. Furthermore, wind-based models were thrown into doubt when researchers attempted to calculate the wind speeds necessary to move the...
We used several sources to compile this retail price database and calculate the national average price in US$ across different markets for each of the commodity prices. We used prices in US$ to avoid the problem of strong inflationary shocks, which are difficult to control for, but provided ...
Lorenz curveStochastic dominanceJournal rankingJournal impact factorGeometric distributionWithin the wide framework of information production processes, we present a conversion formula that expresses the generalised Lorenz (GL) curve of a size-frequency distribution as a function of the corresponding rank-...