Search results
Results From The WOW.Com Content Network
In 2003, economics PhD student Andrea Ciffolilli argued that the low transaction costs of participating in a wiki created a catalyst for collaborative development, and that features such as allowing easy access to past versions of a page favored "creative construction" over "creative destruction". [71]
Artificial intelligence (AI), in its broadest sense, is intelligence exhibited by machines, particularly computer systems.It is a field of research in computer science that develops and studies methods and software that enable machines to perceive their environment and use learning and intelligence to take actions that maximize their chances of achieving defined goals. [1]
The author of the Economics Topic Guide found that the best aid modalities for revenue depend on country circumstances, but should aim to align with government interests and facilitate effective planning and implementation of activities under evidence-based tax reform.
The formula R = N-I approximates the correct answer as long as both the nominal interest rate and the inflation rate are small. The correct equation is r = n/i where r , n and i are expressed as ratios (e.g. 1.2 for +20%, 0.8 for −20%).
An answer to these puzzles was proposed by Shapiro and Stiglitz in 1984: "Unemployment is driven by the information structure of employment". [51] Two basic observations undergird their analysis: Unlike other forms of capital, humans can choose their level of effort. It is costly for firms to determine how much effort workers are exerting.
The convention's main objective is explained in Article 2. It is the "stabilization of greenhouse gas concentrations in the atmosphere at a level that would prevent dangerous anthropogenic [i.e., human-caused] interference with the climate system". [1] The treaty calls for continuing scientific research into the climate.
In the white paper, "Burgernomics", the authors computed a correlation of 0.73 between the Big Mac Index's prices and prices calculated using the Penn World Tables. This single-good index captures most, but not all, of the effects captured by more professional (and more complex) PPP measurement.