Sentence examples for first best solution from inspiring English sources
But the spending should also create new labour demand in low-productivity sectors, adding to employment, adding to wage pressure and kicking the economy back into a better equlibrium.Still, this is probably not the first best solution.
Figure 2 The first best solution q fb and the regions CS + and CS -.
The first best solution is obviously one in which all peers are invariably equally reliable.
As soon as economists are more involved institutionally, they also have to consider other options than the first best solution.
c If λ = h j in Equation 4, the Lagrange multiplier μ is zero, re-attaining the first best solution.
We show that it is possible to get the first best solution (FBS) for this problem and develop a condition for it.
(As a second best solution, especially for France and Germany, it recommends the management of the networks by a third party).
The second best solution incorporates (takes as given) the misbehavior of the deviate units to obtain a second best optimum.
The second best solution is the analytical method, and the worse in number of solutions found is the optimization approach.
Non-malicious peers in our modified network forward messages according to the recommendations prescribed by the second best solution.
