“Gentlemen, that is surely true, it is absolutely paradoxical; we cannot understand it, and we don’t know what it means. But we have proved it, and therefore we know it must be the truth.” —Benjamin ...
This article describes a method for computing approximate equilibria for stochastic dynamic economies. The method is of general interest because it allows straightforward computation of equilibria in ...
Many people find complex math puzzling, including some mathematicians. Recently, a mathematician has found solutions to a puzzle that has been around for centuries. They have found a way to generate ...