Sentence examples for based on the microeconomic from inspiring English sources
Based on the microeconomic theory [20], we model the femtocell uplink resource allocation problem as a femtocell non-cooperative resource allocation game (FNRAG).
This may be due to the upward trend in the supply of educated workers, the responsiveness of education systems at different levels of education, as well as microeconomic explanations based on the options of workers at different levels of education.
Even within the context of estimation using microeconomic data, several papers show how the estimates of labor supply elasticities based on the variation of the working hours of prime-age employed males are biased downward.
Chen and Mokhtarian [11] introduced the principle of proportional allocation in a microeconomic model [3], assuming that the travel time for a given activity is determined by "travel time prices for activities", by calculating travel time based on the length of the activity using different rates depending on the type of activity.
based on the randomization sequence.
Answer based on the reading.
The other set comprises of the behavioral equations which is based on microeconomic theory and describes the behavior of optimizing agents in the economy like demand function and supply function.
We provide a simple theoretical framework, based on standard microeconomic theory, for tender evaluation (scoring and weighing) and discuss the pros and cons of methods such as highest quality (beauty contest), lowest price and price-and-quality-based evaluations.
In fact, while DCMs can adequately elicit stakeholders' individual preferences based on sound microeconomic theory [9, 22, 23], ABMs can simulate and reproduce interaction in a participatory decision-making process where stakeholders can influence each other's decisions [24, 25, 26].
His idea was to build structural models of the economy based on microeconomic factors that would not change unexpectedly with policy.
