Friday , January 22 2021
Home / Post-Keynesian / Visualizing The Effects Of Parameter Perturbations In Models Of Joint Production

Visualizing The Effects Of Parameter Perturbations In Models Of Joint Production

Summary:
A Temporal Path I have a new working paper. Abstract: This article illustrates the analysis of prices of production with joint production by a numerical example. The example is used to illustrate the applicability of techniques to identify and visualize qualitative changes in the choice of technique with parameter perturbations. Patterns of switch points are knife-edge or fluke cases in which any perturbation of parameters results in such a qualitative change. This article identifies a new case, called a pattern for requirements for use, in which prices are indeterminate. If the proportions specified by requirements for use are varied at all, this indeterminancy vanishes. I need more examples of flukes in models of pure joint production.

Topics:
Robert Vienneau considers the following as important:

This could be interesting, too:

Robert Vienneau writes The Tractor-Corn Model: A Start

Robert Vienneau writes The Truncation Of The Economic Lives Of Machines

Robert Vienneau writes More On Baldone Example

Robert Vienneau writes An Extension Of An Example From Salvatore Baldone

Visualizing The Effects Of Parameter Perturbations In Models Of Joint Production
A Temporal Path

I have a new working paper.

Abstract: This article illustrates the analysis of prices of production with joint production by a numerical example. The example is used to illustrate the applicability of techniques to identify and visualize qualitative changes in the choice of technique with parameter perturbations. Patterns of switch points are knife-edge or fluke cases in which any perturbation of parameters results in such a qualitative change. This article identifies a new case, called a pattern for requirements for use, in which prices are indeterminate. If the proportions specified by requirements for use are varied at all, this indeterminancy vanishes.

I need more examples of flukes in models of pure joint production.

Leave a Reply

Your email address will not be published. Required fields are marked *