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Hansen's contribution was in developing statistical models to show how investors priced risk, in particular a new statistical method created in the early 1980s called the Generalized Method of Moments (GMM).
In Thailand, domestic firms such as GMM Grammy, which produces movies and music, and Jim Thompson, an upmarket silk producer, have seen their Thai sales falter because of counterfeiting.
The use of the GMM technique led to the development of better models in macroeconomics, labour economics, and finance, including some that incorporated more realistic assumptions about economic agents' beliefs and their learning abilities.
Hansen's major contribution to economics was the development of the GMM (Generalized Method of Moments) technique, a very flexible econometric method that allows complex economic models to be tested against empirical data with a minimum of assumptions.
When the new G.M. begins trading on Thursday -- under its old "GM" ticker on the New York Stock Exchange and "GMM" on the Toronto Stock Exchange -- its shares will initially be held by a wide array of investors.
Other YouTube kingpins in 2014 included Dutch dance-music channel Spinnin' Records (2bn); pop-culture focused WatchMojo (1.7bn); musician Enrique Iglesias (1.7bn); wrestling brand WWE (1.6bn); Russian family channel GetMovies (1.7bn); and the channels for record labels in Thailand (GMM Grammy's 1.6bn views) and India (T-Series' 1.6bn).
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Consider Newton's gravitational principle, F = Gmm′/r2.
Historically, the most famous sophisticated intellectual capacities account was given by Kant, according to whom autonomy, the capacity to set ends via practical reasoning, must be respected (see the entry on respect) and grounds the dignity of all rational beings ([GMM], pp. 434, 436, Prussian Academy pagination).
For example, if the principle is taken to hold only that F = Gmm′/r2 if there are no forces other than gravitational forces at work, then though it would be true it would not apply except in idealized circumstances.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com