For more than a century, economists have tried to explain such reasoning with their marginal-productivity theory of wages and more recently with a variation of it, human capital theory.
In modeling of energy devices, the novelty is that the entire available size ranges and the variation of their efficiencies, capital and operation and maintenance costs with sizes are considered.
Finally, the potential applications of such an in-depth understanding of the inner driving forces of the optimization are discussed in the paper, with a particular focus on the sensitivity analysis to the variation of energy and capital costs and on the actual operation-oriented design.
The valuation of productivity loss is contentious and several methods have been proposed [ 16], the most appealing for pragmatic research being the friction cost method, a variation of the human capital approach, which includes only the resources required to replace the employee.
Rather, we are interested in how the variation across states in the concentration of income at the top of the income distribution, and the variation in the share of capital gains in top incomes, contributed to the variation in the change in AGI at the top.
Subsequent hierarchical logistic-regression analysis reveals a good explanation of the variation in the failure of capital projects and high classification accuracy.
Variations on a theme of capital flight and state insolvency, real and imagined.
The coefficient of variation of urban/rural income and capital stock per capita suggest that inequalities between cities are increasing over time.
Combining different forms of capital can bring new insights into variations of obesity rates according to social class.
Nearly every lifestyle piece published about Lebanon's capital has some variation of the old refrains: the seemingly strange juxtaposition of "wanton licentiousness and utter terror" recently in the New York Times; similarly, "war is a million miles away when the Lebanese begin to party," reads a Telegraph headline.
