Sentence examples for information cost of from inspiring English sources

Fig. 1 Information cost of producing q under a basic contract vs. a restrictive contract.

Let (bar {C}^{I} (q,k) = bar {C}_{ell }^{P} (q,k) - bar {C}_{h}^{P} (q,k)) denote the information cost of contracting with type ℓ to produce q with capital level k under a restrictive contract.

where (tilde {C^{I}} (q) = tilde {C}_{ell }^{P} (q) - tilde {C}_{h}^{P} (q)) denotes the information cost of contracting with type ℓ to produce q under a basic contract.

Given q, let ( tilde {C^{I}} (q) = tilde {C}_{ell }^{P} (q) - tilde {C}_{h}^{P} (q)) denote the information cost of having q produced under a basic contract, when both types use the neo-classical input mix.

It follows that whenever γ>0, the prescribed level of capital for farmer ℓ will exceed the neoclassical level for her prescribed level of output.9 Fig. 2 Effects on production and information cost of increasing capital: basic vs. restrictive contract.

For given k, let (bar {C}^{I} (q,k) = bar {C}_{ell }^{P} (q,k) - bar {C}_{h}^{P} (q,k)) denote the information cost of having q produced under a restrictive contract requiring the use of the capital level k.

The challenges for planners identified by respondents included lack of information; costs of obtaining information; information reliability; not enough resources in the council; historical development in hazardous areas; property rights; and guidance on defining levels of risk.

In addition, familiarizing oneself with state welfare policies and comparing benefits across states involves incurring substantial information costs, of which may be especially high for non-English speaking immigrants.

Now that the negotiations are over, the excuse is that "collating" the information would exceed the freedom of information cost limit of £600.

"Retailers pipe a bunch of information in electronically, like internal information — cost, availability of inventory, sales goals," along with competitors' prices, she said.

In addition, we introduce an algorithm for extracting the equilibrium as a function of the information cost, which is of great importance when the information is provided by a strategic information-provider.