That was Christopher Werth. Admittedly, the data were spotty; the analysis more impressionistic than empirical. That said, there was no compelling evidence for the “Chuck E. Cheese Theory of Customer Violence Caused by Low Game Prices.” A more rigorous way to address the question would be si...
The manufacturer's suggested retail price, also known as the window price or sticker price, is the suggested price of buying a vehicle or other high-priced item. As the name implies, the MSRP is only a suggestion: Dealers are free to sell for higher or lower prices if they wish. Cautiou...
Marginal product of labor(MPL), also known asmarginal return, measures the productivity of each additional unit of input and is calculated by observing the difference in total product when adding another unit of input (assuming other resource quantities are held constant). Two important considerations...
Also known as: Mary Violet Leontyne Price Written and fact-checked by The Editors of Encyclopaedia Britannica Encyclopaedia Britannica's editors oversee subject areas in which they have extensive knowledge, whether from years of experience gained by working on that content or via study for an advance...
Considering the data limitations, we only took a northwestern province as an example, which should be further expanded to include more regions in the future. Although most regions design a TOU tariff for the entire industry, some regions also attempt to break down some typical industries. In ...
Lu et al. proposed a non-cooperative Stackelberg model based on game theory. This model not only takes into account the influence of electricity load fluctuations on electricity companies, but also the dissatisfaction of users caused by peak shaving. At the same time, it classifies dissatisfaction...
The wage-price spiral reflects the causes and consequences of inflation, and it is, therefore, characteristic of Keynesian economic theory. The wage-price spiral is also known as thecost-push origin of inflation. How a Spiral Begins A wage-price spiral is caused by the effect of supply and ...
But who is the Republican who also supports this idea? Ironically, even though heaccurately observedthat “communist inspired price controls… have never worked,” the answer isDonald Trump. As you might expect, many leftists politicians are saying that they will be more than happy to help Trum...
We present a new partial equilibrium theory of price adjustment, based on consumer loss aversion. In line with prospect theory, the consumers’ perceived utility losses from price increases are weighted more heavily than the perceived utility gains from price decreases of equal magnitude. Price change...
The summation part of Eq. (1) is equivalent to solving a cross-correlation.bis a deviation,\(Y^{l}\)and\(Y^{l+1}\)represent the input and output of the convolution of\(l+1\)layer, also known as the feature map. In Eq. (2),\(Y+1\)is the size of\(Y^{l+1}\), it is...