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日期:2025-04-23
The utility function. Thanks to Donald Liu for the permission to use. Utility as a way to describe....
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日期:2025-04-23
This page contains a routine that solves a Cubic Equation....
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日期:2025-04-25
Most problems in economics will give you a table showing the quantity consumed/purchased, and an associated column showing total utility from these purchases. Total utility shows the total amount of utility (satisfaction or happiness) achieved from the co...
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日期:2025-04-30
A Bellman equation, named after its discoverer, Richard Bellman, also known as a dynamic programming equation, is a necessary condition for optimality associated with the mathematical optimization method known as dynamic programming. It writes the value o...
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日期:2025-04-23
why perfect complements have the utility function of the form u=min{ax,by}...
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日期:2025-04-28
Demand Much of the preceeding material in the consumer theory section is focused on the relationship between a consumer's preferences and a utility function that represents these preferences. There are two reasons for this emphasis. Preferences are a natu...
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日期:2025-04-30
In mathematics, an implicit equation is a relation of the form R(x1,..., xn) = 0, where R is a function of several variables (often a polynomial). For example, the implicit equation of the unit circle is An implicit function is a function that is defined ...
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日期:2025-04-25
ReliaSoft's Weibull++ uses Monte Carlo simulation to generate data sets for analysis. The software also provides the SimuMatic utility to automatically perform large numbers of simulations on the Monte Carlo data sets. Weibull++ also provides tools for St...