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communicate and coordinate at lower resource cost. The theory delivers full task specialization in the labor and education markets …
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In this paper, we describe a novel iterative procedure called SISTA to learn the underlying cost in optimal transport problems. SISTA is a hybrid between two classical methods, coordinate descent ("S"-inkhorn) and proximal gradient descent ("ISTA"). It alternates between a phase of exact...
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Conventional theory predicts that productivity gains lead to hikes in real pay. Efficiency wage theory hypothesizes …
Persistent link: https://www.econbiz.de/10001545528
In this paper, we analyze the extent to which market forces create an incentive for cloning human beings. We show that a market for cloning arises if a large enough fraction of the clone?s income can be appropriated by its model. Only people with the highest ability are cloned, while people at...
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