This article describes three approximation methods I used to solve the growth model (Model 1) studied by the National Bureau of Economic Research's nonlinear rational-expectations-modeling group ...

This is a preview. Log in through your library . Abstract A question that recurs in the decision analysis literature is: What is the value of additional data gathering? We use a very general ...

Below is the graph of a quadratic function, showing where the function is increasing and decreasing. If we draw in the tangents to the curve, you will notice that if the gradient of the tangent is ...