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Equilibrium price. Equilibrium allocation: x=xi(p,p·w2), Note: A p* for any >0 is also an equilibrium price. Offer curve: (p)(p, p. w;). The equilibrium is the intersection point of the offer curves. Excess demand function:
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Optimization See Sydsaeter(2005, Chapters 2, 3)and Chiang(1984, Chapters 9, 11, 12 and 21) Positive definite matrix Definite matrices are directly related to optimization. A symmetric matrix A is positive semi- definite(A≥0) if rAr≥0,Vx; positive definite(A>0)
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Problem set 2 Micro Theory S. Wang Question 2. 1. You have just been asked to run a company that has two factories produc ing the same good and sells its output in a perfectly competitive market. The production
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5. Oligopoly Oligopoly: Small number of firms: Firms depend on each other. Identical products: Firms jointly face a downward sloping industry demand No entry: Long-run positive profits are possible
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香港科技大学《基础数学》讲义:基础几何学之一 定性与定量平面几何/立体几何基础论
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香港中文大学教育心理系:结构方程模型及其应用(侯杰泰)
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香港科技大学:Clustering(PPT讲稿)
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香港科技大学:《软件开发》教学资源(PPT课件讲稿)Functions
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香港科技大学:脉冲双星(PPT讲稿)
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1. Review our theoretical results 2. A software for motif detection 3. Other problems we have been working --Parametric tools RNA secondary structure comparison --Computing translocation distance between genomes
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