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Transformation problem: The transformation problem is the problem specific to Marxist economics, and not to economics in general, of finding a general rule by which to transform the values of commodities based on socially necessary labour time into the competitive prices of the marketplace. The essential difficulty is how to reconcile profit in ...
The herringbone method was used by Filippo Brunelleschi in constructing the dome of the Cathedral of Florence (Santa Maria del Fiore). [2]Examples in France exist in the churches at Querqueville in Normandy and St Christophe at Suèvres, both dating from the 10th century, and in England herring-bone masonry is found in the walls of castles, such as at Guildford, Colchester and Tamworth, [1] as ...
The just price is a theory of ethics in economics that attempts to set standards of fairness in transactions. With intellectual roots in ancient Greek philosophy , it was advanced by Thomas Aquinas based on an argument against usury , which in his time referred to the making of any rate of interest on loans .
A "face brick" is a higher-quality brick, designed for use in visible external surfaces in face-work, as opposed to a "filler brick" for internal parts of the wall, or where the surface is to be covered with stucco or a similar coating, or where the filler bricks will be concealed by other bricks (in structures more than two bricks thick).
Fair random assignment (also called probabilistic one-sided matching) is a kind of a fair division problem. In an assignment problem (also called house-allocation problem or one-sided matching ), there are m objects and they have to be allocated among n agents, such that each agent receives at most one object.
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There are various factors affecting economic growth. The problems of economic growth have been discussed by numerous growth models, including the Harrod-Domar model, the neoclassical growth models of Solow and Swan, and the Cambridge growth models of Kaldor and Joan Robinson. This part of the economic problem is studied in the economies of ...
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