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Given rational expectations (I know, I know) the answer is, the path under which cumulative flow demand on that path, up to the point at which you hit the choke price, is just equal to the initial stock of gold.
March 13 , 12 43p.m. | Relevant tweets appended | A group of scientists and energy analysts has laid out a path under which New York State could, in theory, eliminate its use of fossil fuels and nuclear power — including for transportation — by 2050.
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Then, the vehicle coordination is achieved by a path variable containment approach, under which the path variables are evenly dispersed between two virtual leaders.
They are on a mission to unearth a long-dormant path of energy under which lies a sleeping Welsh king who might help them save the world.
In a general discrete time model of optimal forest management where land may be diverted to alternative use and stocks of standing trees may yield flow benefits, we investigate the economic and ecological conditions under which optimal paths lead to (total) deforestation i.e., complete long term removal of forest cover.
It will include a bicycle path, and possibly also a small bridge under which navy vessels will pass on their way to the sea.
The precise conditions under which consumption growth paths are the same under the representative agent and the social planner are established.
The solution is based on the concept of a polygonal complex method previously used for Catmull Clark surface interpolation and is built upon an extended set of constraints of the control vertices under which local edge paths meeting at an extraordinary point reduces to a set of endpoint interpolating CBSCs.
This study attempts to clarify the conditions under which the J-integral is path-independent in U- and V-shaped notch problems.
At its core, institutional change theory examines the conditions under which individuals decide to break away from path dependent processes and pursue reforms.
We formulate conditions on the environment under which the law of diffusively-scaled random walk path tends to Brownian motion for almost every sample of the rates.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com