It’s hard to see this ending well. If I had to guess, I’d say it will go something like the following. The costs of default, or of inflating away insolvent countries’ debts, are so large that the debtors will have substantial bargaining power. Germanyet alwill have to find some wa...
A normal guest at the hotel will pay “a la carte” as those in THE LEVEL will pay only a cover charge of 17 Euros and order everything from the menus. Now, if you book one of the top suites in THE LEVEL you can switch the dinner in Botanic with any other alternative dining ...
generation (βi) and data generated by the new model (αi). We refer to this as the sampling step. For the mathematical models to come, we considerαi = γi = 0, that is, data only from a single step are used, whereas numerical experiments are performed on more realistic ...