Showing 1 - 10 of 33
The homogeneous one-speed neutron transport equation in plane geometry can be solved using a separation of variables technique. In the case of isotropic scattering and a sub-critical system, it is well known [15,5] that there are exactly two discrete eigenvalues with opposite sign associated to...
Persistent link: https://www.econbiz.de/10010750076
Background: Bin packing is an Nphard optimization problem of packing items of given sizes into minimum number of capacitylimited bins. Besides the basic problem, numerous other variants of bin packing exist. The cardinality constrained bin packing adds an additional constraint that the number of...
Persistent link: https://www.econbiz.de/10011019973
The aim of this paper is to provide an assessment of John R. Commons’ adoption of Wesley N. Hohfeld’s framework of jural opposites and correlatives in order to construct his transactional approach to the study of institutions. Hohfeld’s influence on Commons, it is argued, was both positive...
Persistent link: https://www.econbiz.de/10005766464
This paper critically examines Geoffrey Hodgson's recent provocative claim about Frank Knight as being a member of American institutionalism in the interwar years. In the first section of the paper the authors attempt to provide a definition of institutionalism and to emphasize its meaning from...
Persistent link: https://www.econbiz.de/10005766474
The paper sheds new light on John Bates Clark’s mature position on the “trust” issue. Access to previously unpublished 1911 testimony before the Interstate Commerce Committee of the U.S. Senate, it is shown that, although Clark relied generally on competitive forces to keep monopoly power...
Persistent link: https://www.econbiz.de/10005766488
This paper presents and reproduces an unpublished oral history interview given by Jacob Viner in 1953. The interview released by Viner for the Columbia Oral History Project gives us a valuable opportunity to throw light on his advisory activity during the New Deal Era. In our introduction we...
Persistent link: https://www.econbiz.de/10005766513
In this paper we analyse the scientific contributions of Harvard economist John H. Williams as international trade theorist and monetary reformer, together with his activities as a Vice President of the Federal Reserve Bank of New York. In the first two Sections we present a succinct overview of...
Persistent link: https://www.econbiz.de/10005766519
This paper suggests that Clark’s views regarding the Keynesian Revolution illuminate some of the limitations of the Keynesian orthodoxy that developed after the war, bringing more institutional detail and a greater preocupation with dynamic analysis. Clark developed the multiplier in dynamic...
Persistent link: https://www.econbiz.de/10005467757
This note deals with the origins of Samuelson's multiplier-accelerator model. In clarifying the historical background of the model, we will offer a brief reconstruction of John Maurice Clark’s contributions to the ideas underlying the accelerator, the multiplier, and their interaction. We will...
Persistent link: https://www.econbiz.de/10005704507
The aim of this paper is to analyze John Bates Clark’s influence in the passing of the Clayton and Federal Trade Commission Acts (1914). Specifically, it is argued and documented that Clark was important in this process in two ways. First, he exercised an “indirect” influence by discussing...
Persistent link: https://www.econbiz.de/10009493819