Sentence examples for mass effect parameter from inspiring English sources
Because of this relation between the mass effect parameter and the decision elasticity, it determines the intensity of the investment incentives that the contest creates.
The mass effect parameter m describes the shape of the sharing rule in relation to the relative investments of the two parties.
Figure 2 illustrates this for the investment of A relative to a given investment of B. The mass effect parameter indicates the elasticity of the arbitrator's decision, which is at the point of equal investment ((a=overline {b})) (see Additional file 1): begin{array}rcl@ varepsilon_{z} = frac{m}{2} end{array} (15) Fig. 2 Mass effect parameter and decision elasticity.
If the arbitrator sets the sharing rule with a non-zero mass effect parameter m, then arbitration governance induces additional investment incentives which increase the investment above the level of a unanimous surplus sharing rule.
Therefore, the mass effect is an important parameter for the decision maker to set in order to balance the investment incentives of the joint venture.
MASS EFFECT: DECEPTION, by William C. Dietz.
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