Sentence examples for microeconomic model from inspiring English sources
It is at heart a microeconomic model that disavows macroeconomic policy because it treats countries, or even an entire currency zone, as if they were individual households.
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.
Given this context, we develop a microeconomic model for the operation of a bus corridor that minimises total cost (users and operator) and has five decision variables: frequency, capacity of vehicles, station spacing, fare payment system and running speed, thus extending the traditional framework.
First, the authors develop a microeconomic model for individual choice under uncertainty for various health insurance programs and health care types.
Recently, however, the role specialization assumption of the microeconomic model has been criticized, as women have been increasingly present in the labor market all over Europe, minimizing their child-related career interruptions (e.g., Oppenheimer 1977 , 1997.
Innovation milieu models are already purely microeconomic models focused on separate firm locations within regions.
The problem statement is related to microeconomic models of dynamic optimization of a company's indicator of functionality development.
In this work, we consider only microeconomic models because they tend to be simpler in the number of relationships they take into account than macroeconomic models.
The same method goes for price-cost margins which are not measured but instead they are derived from microeconomic models of supply and demand of the industry (Bresnahan, 1989; Sheldon and Sperling, 2003).
A microeconomic development model of human behavior, UrbanSim, is used to predict land-use change.
Multinomial logit models based on a consistent microeconomic framework were estimated for various stratifications of the data (income, pollution sensitivity, and type of dwelling currently inhabited).
