id
stringlengths
14
14
text
stringlengths
9
3.55k
source
stringlengths
1
250
c_o0r07ki3liqq
In navigation, a rhumb line, rhumb (), or loxodrome is an arc crossing all meridians of longitude at the same angle, that is, a path with constant bearing as measured relative to true north.
Rhumb lines
c_z69fyga0g34h
In navigation, a state vector is a set of data describing exactly where an object is located in space, and how it is moving.
State vector (navigation)
c_g4xt7laj1s5y
In navigation, bearing or azimuth is the horizontal angle between the direction of an object and north or another object. The angle value can be specified in various angular units, such as degrees, mils, or grad. More specifically: Absolute bearing refers to the clockwise angle between the magnetic north (magnetic bear...
Compass bearing
c_k02tszenuotk
For example, an object to due east would have an absolute bearing of 90 degrees. Thus, it is the same as azimuth. Relative bearing refers to the angle between the craft's forward direction (heading) and the location of another object.
Compass bearing
c_cl4177rhwd6d
For example, an object relative bearing of 0 degrees would be immediately in front; an object relative bearing 180 degrees would be behind. Bearings can be measured in mils, points, or degrees. Thus, it is the same as an azimuth difference (modulo +/- 360 degrees).Alternatively, the US Army defines the bearing from poi...
Compass bearing
c_nsh0v6jwi6gc
The bearing is expressed in terms of 2 characters and 1 number: first, the character is either N or S; next is the angle numerical value; third, the character representing the perpendicular direction, either E or W. The bearing angle value will always be less than 90 degrees. For example, if Point B is located exactly ...
Compass bearing
c_2l2mfef99seh
In navigation, dead reckoning is the process of calculating the current position of a moving object by using a previously determined position, or fix, and incorporating estimates of speed, heading (or direction or course), and elapsed time. The corresponding term in biology, to describe the processes by which animals u...
Pedestrian dead reckoning
c_qa7yydf7z80u
In navigation, odometry is the use of data from the movement of actuators to estimate change in position over time through devices such as rotary encoders to measure wheel rotations. While useful for many wheeled or tracked vehicles, traditional odometry techniques cannot be applied to mobile robots with non-standard l...
Egomotion estimation
c_u0l2v91u760r
The error is compounded when the vehicle operates on non-smooth surfaces. Odometry readings become increasingly unreliable as these errors accumulate and compound over time. Visual odometry is the process of determining equivalent odometry information using sequential camera images to estimate the distance traveled. Vi...
Egomotion estimation
c_iw8g2g9winzb
In navigation, the course of a watercraft or aircraft is the cardinal direction in which the craft is to be steered. The course is to be distinguished from the heading, which is the direction where the watercraft's bow or the aircraft's nose is pointed.
Crab angle
c_gh5c95e9d3ok
In navigation, the determination of a "fix" requires two measurements to be taken. Using classical methods, this was normally the measurement of two angles, or bearings, along the line-of-sight to prominent landmarks, like a lighthouse. After taking the two measurements, lines of position are drawn radiating from the l...
Sonne (navigation)
c_xatowkctwq3n
In navigation, the determination of a "fix" requires two measurements to be taken. Using classical triangulation techniques, this was normally the measurement of two angles, or bearings, along the line-of-sight to prominent landmarks, like a lighthouse. After taking the two measurements, lines of position are drawn rad...
Orfordness Beacon
c_czs7zcupwtkh
In navigation, the heading of a vessel or aircraft is the compass direction in which the craft's bow or nose is pointed. Note that the heading may not necessarily be the direction that the vehicle actually travels, which is known as its course or track. Any difference between the heading and course is due to the motion...
Aircraft heading
c_mzrpix1xkm9r
In navigation, the true azimuth of a heavenly body is the arc of the horizon between the point where a vertical plane containing the observer and the heavenly body intersects the horizon and the direction of true north. The magnetic azimuth is the arc between the point on the horizon below the heavenly body and the dir...
Azimuth compass
c_p6i5142n7s2w
In navigational instruments, a plotter is an instrument which marks the position of a vehicle on a map or chart.
Plotter (instrument)
c_dbu2b1rtz325
In near field communications the NFC Forum Signature Record Type Definition (RTD) is a security protocol used to protect the integrity and authenticity of NDEF (NFC Data Exchange Format) Messages. The Signature RTD is an open interoperable specification modeled after Code signing where the trust of signed messages is t...
Signature Record Type Definition
c_zh39fgdyos7b
Without some level of integrity protection an adversary could launch a phishing attack. Signing the NDEF record protects the integrity of the contents and allows the user to identify the signer if they wish. Signing certificates are obtained from third party Certificate Authorities and are governed by the NFC Forum Sig...
Signature Record Type Definition
c_8bbffwlqxhjj
In near future India will be the largest individual contributor to the global demographic transition. A 2011 International Monetary Fund Working Paper found that substantial portion of the growth experienced by India since the 1980s is attributable to the country's age structure and changing demographics. By 2026 India...
Demographic gift
c_vwa5thv9y047
Census Bureau predicts that India will surpass China as the world's largest country by 2025, with a large proportion of those in the working age category. Over the next two decades the continuing demographic dividend in India could add about two percentage points per annum to India's per capita GDP growth. Extreme acti...
Demographic gift
c_pd7478q19cvm
In near-field acoustical holography, light refraction is measured in a two-dimensional area in the medium (this two-dimensional sound field is a cross section of the three-dimensional sound field) to produce a hologram. Then the wave number of the medium is estimated through analysis of the water temperature. Multiple ...
3D sound reconstruction
c_1yzn4ea6s5h7
In near-field scanning optical microscopy the campanile probe is a tapered optical probe with a shape of a campanile (a square pyramid). It is made of an optically transparent dielectric, typically silica, and its two facets are coated with a metal, typically gold. At the probe tip, the metal-coated facets are separate...
Campanile probe
c_smchoqmi3uid
The probe is rastered over the sample with a standard scanning probe microscopy scanner, keeping the distance to the sample surface at a few nanometers. Contrary to the traditional (circular) near-field probes, the campanile probe has no cut-off frequency and is insensitive to the spatial mode of the optical near field...
Campanile probe
c_agngvcou7cia
Another advantage of the campanile probe is a high signal collection efficiency, which exceeds 90%.Campanile probes are typically fabricated as follows: a standard cylindrical single-mode optical fiber is etched with hydrofluoric acid to create a conical tip with a radius of ca. 100 nm. Then a square pyramid is carved ...
Campanile probe
c_l3ma5lvigxbd
A nanometer gap is then opened on the tip by FIB. Alternative fabrication method uses nanoimprint lithography to replicate campanile pyramid from a mold. This approach significantly increases fabrication speed. == References ==
Campanile probe
c_pyn42bo6mndx
In near-infrared diffuse optical tomography (DOT), transmitted diffuse photons are collected and a diffusion equation is used to reconstruct an image from them.
Optical Tomography
c_ygp2mcm6u3dq
In nearby objects (within our Milky Way galaxy) observed redshifts are almost always related to the line-of-sight velocities associated with the objects being observed. Observations of such redshifts and blueshifts have enabled astronomers to measure velocities and parametrize the masses of the orbiting stars in spectr...
Galactic redshifts
c_jmyceppkzw7h
Redshifts have also been used to make the first measurements of the rotation rates of planets, velocities of interstellar clouds, the rotation of galaxies, and the dynamics of accretion onto neutron stars and black holes which exhibit both Doppler and gravitational redshifts. Additionally, the temperatures of various e...
Galactic redshifts
c_pwedxdfkd958
By measuring the broadening and shifts of the 21-centimeter hydrogen line in different directions, astronomers have been able to measure the recessional velocities of interstellar gas, which in turn reveals the rotation curve of our Milky Way. Similar measurements have been performed on other galaxies, such as Andromed...
Galactic redshifts
c_8hgywnd7fq0s
In nearly all MMORPGs, the development of the player's character is the primary goal. Nearly all MMORPGs feature a character progression system, in which players earn experience points for their actions and use those points to reach character "levels", which makes them better at whatever they do. Traditionally, combat ...
Massively multiplayer online role-playing
c_qobetkk2zfcl
This is traditionally best accomplished via combat. The cycle produced by these conditions, combat leading to new items allowing for more combat with no change in gameplay, is sometimes pejoratively referred to as the level treadmill, or "grinding". The role-playing game Progress Quest was created as a parody of this t...
Massively multiplayer online role-playing
c_tr8s4zltdg39
Eve Online, a space-based MMORPG, uses an alternative method of progression where users train skills in real-time rather than using experience points as a measure of progression. In some MMORPGs, there is no limit to a player's level, allowing the grinding experience to continue indefinitely.
Massively multiplayer online role-playing
c_rh736wjxwyr3
MMORPGs that use this model often glorify top ranked players by displaying their avatars on the game's website or posting their stats on a high score screen. Another common practice is to enforce a maximum reachable level for all players, often referred to as a level cap. Once reached, the definition of a player's prog...
Massively multiplayer online role-playing
c_0dwxxyggihz7
Instead of being awarded primarily with experience for completing quests and dungeons, the player's motivation to continue playing will be replaced with collecting money and equipment. Often, the widened range of equipment available at the maximum level will have increased aesthetic value to distinguish high ranking pl...
Massively multiplayer online role-playing
c_kkvw93blt41w
In nearly all aerobic beings, 4-hydroxyphenylpyruvate dioxygenase is responsible for converting 4-hydroxyphenylpyruvate into homogentisate. This conversion is one of many steps in breaking L-tyrosine into acetoacetate and fumarate. While the overall products of this cycle are used to create energy, plants and higher or...
4-Hydroxyphenylpyruvate dioxygenase
c_d1ynlk2t73lw
In nearly all bird species, there is no urinary bladder per se. Although all birds have kidneys, the ureters open directly into a cloaca which serves as a reservoir for urine, fecal matter, and eggs.
Urinary bladder
c_ehr531qdwm3r
In nearly all civilian jurisdictions, summary execution is illegal, as it violates the right of the accused to a fair trial. Almost all constitutions or legal systems based on common law have prohibited execution without the decision and sentence of a competent judge, and the UN's International Covenant on Civil and Po...
Summary execution
c_kljiyvoudeji
penalty can only be carried out pursuant to a final judgment rendered by a competent court. In practice, though, extrajudicial killings have been performed by police and domestic forces in various countries and times, sometimes under martial law. It is also performed by armed bands fighting against governments and comm...
Summary execution
c_3kbcgk71u8ln
In nearly all human cultures, crying is associated with tears trickling down the cheeks and accompanied by characteristic sobbing sounds. Emotional triggers are most often sadness and grief, but crying can also be triggered by anger, happiness, fear, laughter or humor, frustration, remorse, or other strong, intense emo...
Bogorad's syndrome
c_pwafatty9ih5
Some cultures consider crying to be undignified and infantile, casting aspersions on those who cry publicly, except if it is due to the death of a close friend or relative. In most Western cultures, it is more socially acceptable for women and children to cry than men, reflecting masculine sex-role stereotypes. In some...
Bogorad's syndrome
c_ij8c4623fizy
There is evidence for an interpersonal function of crying as tears express a need for help and foster willingness to help in an observer.Some modern psychotherapy movements such as Re-evaluation Counseling encourage crying as beneficial to health and mental well-being. An insincere display of grief or dishonest remorse...
Bogorad's syndrome
c_sbb4lc79mvbk
In nearly all instances of social grooming, individuals use their own body parts, such as hands, teeth or tongue, to groom a group member or infant. It is very rare to observe instances of tool usage in social grooming in non-human animals; however, a few such instances have been observed in primates. In a 1981 observa...
Social grooming
c_uh2qglk6kvaa
This was supported by the fact that the infant picked up the stone once the mother dropped it and allowed her to groom him while he played with it. This action was seen in a few other members in the colony, but was not seen throughout the species at all. At another instance, a female chimpanzee at the Delta Regional Pr...
Social grooming
c_5r5ot7qou1w8
However, both examples concern tool use in primates, which is already widely studied and scientifically backed. The wide working memory capacities and causal understanding capabilities of primates permit them to fashion and utilize tools far more extensively than other non-human animals. Apart from physical and mental ...
Social grooming
c_sq7uu8mlbh78
In nearly all jurisdictions, dead people do not have the right to own property. When a person dies, their property needs to be distributed to others in a process called probate. People can specify their wishes before they die by preparing a will and testament. If there is no will, the laws of their country determine ho...
Legal death
c_58vh3tq3lpmq
In nearly all ray-finned fish, the sexes are separate, and in most species the females spawn eggs that are fertilized externally, typically with the male inseminating the eggs after they are laid. Development then proceeds with a free-swimming larval stage. However other patterns of ontogeny exist, with one of the comm...
Ray finned fish
c_7btyygzmz0gu
In most cases this involves protogyny, fish starting life as females and converting to males at some stage, triggered by some internal or external factor. Protandry, where a fish converts from male to female, is much less common than protogyny.Most families use external rather than internal fertilization. Of the ovipar...
Ray finned fish
c_84x3390hbzt7
Viviparity, ovoviviparity, or some form of parental care for eggs, whether by the male, the female, or both parents is seen in a significant fraction (21%) of the 422 teleost families; no care is likely the ancestral condition. The oldest case of viviparity in ray-finned fish is found in Middle Triassic species of †Sau...
Ray finned fish
c_1km52pti5rtr
Male territoriality "preadapts" a species for evolving male parental care.There are a few examples of fish that self-fertilise. The mangrove rivulus is an amphibious, simultaneous hermaphrodite, producing both eggs and spawn and having internal fertilisation. This mode of reproduction may be related to the fish's habit...
Ray finned fish
c_91a5k75k2pgj
In nearly all species of eukaryotic algae (Chloromonas being one notable exception), upon induction of the CCM, ~95% of RuBisCO is densely packed into a single subcellular compartment: the pyrenoid. Carbon dioxide is concentrated in this compartment using a combination of CO2 pumps, bicarbonate pumps, and carbonic anhy...
C2 photosynthesis
c_1soul1bkr072
In nearly all species, there is an obvious disequilibrium between frequency and severity of aggression in males versus females. Males are almost always the more aggressive sex and there are genetic differences that back up this observation. A common explanation for this phenomenon is the higher testosterone levels in m...
Behavior mutation
c_o7827qmomp9a
Mutations affecting neurotransmitters, as stated above, are the dominant cause of changes in aggressive behaviour. Another contributor to the unequal male-female aggression ratio are the sex-linked gene mutations that affect only male behaviour, such as MAO-A mentioned above. These mutations could be the reason why mal...
Behavior mutation
c_3pf3fvet5pvz
In nearly every metropolitan area worldwide, operators and hobbyists deployed more and more unlicensed broadband point-to-multipoint systems. Providers that had rave reviews when they started faced the prospect of seeing their networks degrade in performance, as more and more devices were deployed using the license-fre...
Wireless local loop
c_spkznngrm1j7
In nearly every state in the US, the International Building Code requires fire alarm and sprinkler systems to be monitored by an approved supervising station. A fire alarm system consists of a computer-based control connected to a central station. The majority of fire alarm systems installed in the US are monitored by ...
Fire alarm panel
c_2l79y7joainf
The user (most likely a security guard) can progress through the different stages. From top level site → building plan → floor plan → zone plan, or however else the building's security system is organized. Many of these systems have touch screens, but most users tend to prefer a mouse (and a normal monitor), as it is q...
Fire alarm panel
c_xnyffozzzmkv
In nearly every translation process, we have to deal with the fact that the color gamut of different devices vary in range which makes an accurate reproduction impossible. They therefore need some rearrangement near the borders of the gamut. Some colors must be shifted to the inside of the gamut, as they otherwise cann...
Rendering intent
c_dveg3up7kt4s
This so-called gamut mismatch occurs for example, when we translate from the RGB color space with a wider gamut into the CMYK color space with a narrower gamut range. In this example, the dark highly saturated purplish-blue color of a typical computer monitor's "blue" primary is impossible to print on paper with a typi...
Rendering intent
c_0a9poop5pg6f
In negative frequency-dependent selection, rare and uncommon variants will have a selective advantage over variants that are very common in an environment. For B. burgdorferi, low-frequency variants will be advantageous because potential hosts will be less likely to mount an immunological response to the variant-specif...
Borrelia burgdorferi
c_zuj2z75o0fzz
In negative-ion mode, the potential of the exit grid electrode can be set to negative potentials. Penning electrons undergo electron capture with atmospheric oxygen to produce O2−. The O2− will produce radical anions. Several reactions are possible, depending on the analyte. O 2 + e − ⟶ O 2 − ∙ {\displaystyle {\ce {{O2...
DART ion source
c_62tnmv8u7qgc
In negative-sense MVM genomes, the left-end hairpin is 121 nucleotides in length and exists in a single flip sequence orientation. This telomere is Y-shaped and contains small internal palindromes that fold into the "ears" of the Y, a duplex stem region 43 nucleotides in length that is interrupted by an asymmetric thym...
Hairpin transfer
c_4atv31bs07eq
Instead, a single origin on the lower strand is created when the hairpin is unfolded, extended, and copied to form a duplex basepaired sequence that spans adjacent genomes in the dimer RF. Within this structure, the sequence from the outboard arm that surrounds a GA/TC dinucleotide serves as an origin, OriLTC. The equi...
Hairpin transfer
c_d3kh8apbfsf7
The inboard arm and hairpin configuration of the terminus instead appear to function as upstream control elements for the viral transcriptional promoter P4. Additionally, the ability to segregate one arm from nicking appears essential for replication.The minimal linear left-end origin is about 50 basepairs long and ext...
Hairpin transfer
c_axfljpaim9ek
Within the origin, there are three recognition sequences: an NS1-binding site that orients the NS1 complex over the nick site 5′-CTWWTCA-3′, which is located 17 nucleotides downstream (toward the 3′-end), and the two ACGT motifs. These motifs bind a heterodimeric cellular factor called either parvovirus initiation fact...
Hairpin transfer
c_ho81b91qtx4o
The spacing between these sites can vary significantly for PIF, from one to nine nucleotides, with an optimal spacing of six. PIF stabilizes the binding of NS1 on the active form of the left-end origin, OriLTC, but not on the inactive form, OriLGAA, because the two complexes are able to establish contact over the bubbl...
Hairpin transfer
c_1k103xpqupqe
In negotiating a connection, an RTMP client sends and receives a data stream containing multiple elements, as a single command line. An on-demand stream typically includes the following elements:
RTMPDump
c_mn5dr8rbujw2
In negotiation, participation is voluntary and there is no third party who facilitates the resolution process or imposes a resolution. (NB – a third party like a chaplain or organizational ombudsperson or social worker or a skilled friend may be coaching one or both of the parties behind the scene, a process called "He...
Alternative dispute resolution
c_s98uohd6268q
In negotiations with record labels for the new service, Apple allegedly attempted to encourage record labels to pull their content from the free, ad-supported tiers of competing services such as Spotify and Amazon Music in order to drive adoption of Apple Music and offered an incentive to Universal Music Group to pull ...
Apple Music
c_1or5hhmfrwm3
In neighboring Pennsylvania, the Commonwealth System of Higher Education recognizes a "state-related" status, in which an institution is provided with state funds in exchange for offering tuition discounts to students who are residents of Pennsylvania. The state allocations account for less than 10 percent of the budge...
Statutory college
c_623cl2f77u4j
This arrangement, intended to increase the number of physicians in Texas, was put in place in 1969, at which time the medical school became an autonomous entity in order to avoid legal conflicts arising from Baylor's affiliation with the Baptist General Convention of Texas. State support only allays the cost of tuition...
Statutory college
c_pjh4hgmxy72x
The University of Miami's Leonard M. Miller School of Medicine is located in Miami, Florida. Starting in 2004, the Miller School began offering instruction on the campus of Florida Atlantic University in Boca Raton, Florida. MD candidates are admitted to either the Miami or Boca Raton programs and spend all four years ...
Statutory college
c_wwnlr89icpm9
There is no on-campus housing for students of the Miller School of Medicine in Miami or Boca Raton. The Miami and Boca Raton campuses charge identical tuition, with a lower tuition for in-state students.The University of Delaware is chartered as a "privately governed, state-assisted" university, as is Delaware State Un...
Statutory college
c_nur4ra8ie5zr
In nematodes, spicules, also known as copulatory spicules, are needle-like mating structures found only in males.Male nematodes may have one or two spicules which serve to open the vulva of females and facilitate the transmission of sperm, although sperm is not transferred directly by or through the spicules. The guber...
Spicule (nematode)
c_sspwlhwso4c3
In neo-Calvinism, sphere sovereignty (Dutch: soevereiniteit in eigen kring), also known as differentiated responsibility, is the concept that each sphere (or sector) of life has its own distinct responsibilities and authority or competence, and stands equal to other spheres of life. Sphere sovereignty involves the idea...
Sphere sovereignty
c_oiraxkm8rtdv
Sphere sovereignty implies that no one area of life or societal community is sovereign over another. Each sphere has its own created integrity. Neo-Calvinists hold that since God created everything "after its own kind," diversity must be acknowledged and appreciated.
Sphere sovereignty
c_s77whv7the1k
For instance, the different God-given norms for family life and economic life should be recognized, such that a family does not properly function like a business. Similarly, neither faith-institutions (e.g. churches) nor an institution of civil justice (i.e. the state) should seek totalitarian control, or any regulatio...
Sphere sovereignty
c_zefrlylgnphs
In neo-Freudian psychoanalysis, the Electra complex, as proposed by Carl Jung in his Theory of Psychoanalysis, is a girl's psychosexual competition with her mother for possession of her father. In the course of her psychosexual development, the complex is the girl's phallic stage; a boy's analogous experience is the Oe...
Electra complex
c_aj7gdv7sabwd
Hence, women and men who are fixated in the Electra and Oedipal stages of their psychosexual development might be considered "father-fixated" and "mother-fixated". The idea of the Electra complex is not widely used by mental health professionals today. There is little empirical evidence for it, as the theory's predicti...
Electra complex
c_zfmczo0dm9hn
In neo-Marxist thought, Paul A. Baran for example substitutes the concept of "economic surplus" for Marx's surplus value. In a joint work, Paul Baran and Paul Sweezy define the economic surplus as "the difference between what a society produces and the costs of producing it" (Monopoly Capitalism, New York 1966, p. 9). ...
Surplus value
c_4sbwffgvog8w
Piero Sraffa also refers to a "physical surplus" with a similar meaning, calculated according to the relationship between prices of physical inputs and outputs. In these theories, surplus product and surplus value are equated, while value and price are identical, but the distribution of the surplus tends to be separate...
Surplus value
c_3n3z0nhcm07h
3, Marx insists strongly that "the specific economic form, in which unpaid surplus labour is pumped out of direct producers, determines the relationship of rulers and ruled, as it grows directly out of production itself and, in turn, reacts upon it as a determining element. Upon this, however, is founded the entire for...
Surplus value
c_5mih7eui8qpg
This does not prevent the same economic basis – the same from the standpoint of its main conditions – due to innumerable different, empirical circumstances, natural environment, racial relations, external historical influence, etc. from showing infinite variations and gradations in appearance, which can be ascertained ...
Surplus value
c_2ec2t6t5bdby
In neo-Theosophy, the etheric body, ether-body, or æther body is the subtle body propounded in esoteric philosophies as the first or lowest layer in the human energy field or aura. The etheric body is said to be in immediate contact with the physical body and to sustain it and connect it with "higher" bodies. It is als...
Etheric body
c_sxcpowfko1a2
Leadbeater) The English term "etheric" in this context seems to derive from the Theosophical writings of Madame Blavatsky, but its use was formalised by C.W. Leadbeater and Annie Besant due to the elimination of Hindu terminology from the system of seven planes and bodies. (Adyar School of Theosophy).
Etheric body
c_gspazgh2nxqe
The term gained some general popularity after the 1914-1918 war, Walter John Kilner having adopted it for a layer of the "human atmosphere" which, as he claimed in a popular book, could be rendered visible to the naked eye by means of certain exercises.The classical element Aether of Platonic and Aristotlean physics co...
Etheric body
c_hzri04s86583
In selecting it as the term for a clearly defined concept in an Indian-derived metaphysical system, the Theosophists aligned it with ideas such as the prana-maya-kosha (sheath made of prana, subtle breath or life-force) of Vedantic thought. In popular use it is often confounded with the related concept of the astral bo...
Etheric body
c_5qi1fjenautt
In neo-Trotskyist theory, however, such an alliance was rejected as being based either on a false strategy of popular fronts, or on political opportunism, said to be incompatible either with a permanent revolution or with the principle of independent working class political action. The state in Soviet-type societies wa...
State monopoly capitalism
c_0njbkvno1v1g
In neo-Trotskyist theory, such an alliance was rejected as being based either on a false strategy of popular fronts, or on political opportunism, said to be incompatible either with a permanent revolution or with the principle of independent working class political action. The state in Soviet-type societies was redefin...
State capitalist
c_5b9ptqj3c8kh
In neo-classical growth models, the long-run rate of growth is exogenously determined by either the savings rate (the Harrod–Domar model) or the rate of technical progress (Solow model). However, the savings rate and rate of technological progress remain unexplained. Endogenous growth theory tries to overcome this shor...
New growth theory
c_7btb1vwp59i1
Households are assumed to maximize utility subject to budget constraints while firms maximize profits. Crucial importance is usually given to the production of new technologies and human capital. The engine for growth can be as simple as a constant return to scale production function (the AK model) or more complicated ...
New growth theory
c_csohku2x5rtj
This does not imply that larger firms will be more productive than small ones, because at the firm level the marginal product of capital is still diminishing. Therefore, it is possible to construct endogenous growth models with perfect competition. However, in many endogenous growth models the assumption of perfect com...
New growth theory
c_55pkbwiog4z9
Generally monopoly power in these models comes from the holding of patents. These are models with two sectors, producers of final output and an R&D sector: the R&D sector develops ideas which grant them monopoly power. R&D firms are assumed to be able to make monopoly profits selling ideas to production firms, but the ...
New growth theory
c_i6jq9sdtlocz
In neoclassical economic theory, the desirability of state ownership has been studied using contract theory. According to the property rights approach based on incomplete contracting (developed by Oliver Hart and his co-authors), ownership matters because it determines what happens in contingencies that were not consid...
Public ownership
c_kvo15ohypx6p
Hence, depending on the available investment technologies, there are situations in which state ownership is better. The Hart-Shleifer-Vishny theory has been extended in many directions. For instance, some authors have also considered mixed forms of private ownership and state ownership.
Public ownership
c_i3bi0v3o3cep
In the Hart-Shleifer-Vishny model it is assumed that all parties have the same information, while Schmitz (2023) has studied an extension of their analysis allowing for asymmetric information. Moreover, the Hart-Shleifer-Vishny model assumes that the private party derives no utility from provision of the public good. B...
Public ownership
c_60htywpnncjd
In neoclassical economics profit is total investment performance and includes economic rent.
Economic returns
c_h8ncvuz218bw
In neoclassical economics theory, labor market discrimination is defined as the different treatment of two equally qualified individuals on account of their gender, race, disability, religion, etc. Discrimination is harmful since it affects the economic outcomes of equally productive workers directly and indirectly thr...
Workplace discrimination
c_c45gsrynby43
For example, the feminist economist Deborah Figart defines labor market discrimination as "a multi-dimensional interaction of economic, social, political, and cultural forces in both the workplace and the family, resulting in different outcomes involving pay, employment, and status". That is, discrimination is not onl...
Workplace discrimination
c_vxi84ifeb7ns
Furthermore, gender norms are embedded in labor markets and shape employer preferences as well worker preferences; therefore, it is not easy to separate discrimination from productivity-related inequality.Although labor market inequalities have declined after the U.S. Civil Rights Act of 1964, the movement towards equa...
Workplace discrimination
c_wmdqcfrm4kc7
In neoclassical economics, a market distortion is any event in which a market reaches a market clearing price for an item that is substantially different from the price that a market would achieve while operating under conditions of perfect competition and state enforcement of legal contracts and the ownership of priva...
Market distortion
c_bb9eoaeozahe
More generally, a measure of distortion is the deviation between the market price of a good and its marginal social cost, that is, the difference between the marginal rate of substitution in consumption and the marginal rate of transformation in production. Such a deviation may result from government regulation, monopo...
Market distortion
c_hk8wgnzkslbl
Other sources of distortions are uncorrected externalities, different tax rates on goods or income, inflation, and incomplete information. Each of these may lead to a net loss in social surplus. Market distortions are events, decisions, or interventions taken by governments, companies, or other agents, often in order t...
Market distortion