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The O-ring theory of economic development is a model of economic development put forward by Michael Kremer in 1993, [1] which proposes that tasks of production must be executed proficiently together in order for any of them to be of high value. The key feature of this model is positive assortative matching, whereby people with similar skill ...
Kremer’s dissertation research examined the determinants of long-run economic growth. Among his earliest contributions was the O-ring theory of economic development, [18] named for the Space Shuttle Challenger disaster, in which a cascading failure was caused by the malfunctioning of a single small component. [42]
Endogenous growth theory, holds that economic growth is primarily the result of endogenous and not external forces Dual-sector model , a model in developmental economics O-Ring theory of economic development , a model of economic development put forward by Michael Kremer, which proposes that tasks of production must be executed proficiently ...
Ring theory studies the structure of rings; their representations, or, in different language, modules; special classes of rings (group rings, division rings, universal enveloping algebras); related structures like rngs; as well as an array of properties that prove to be of interest both within the theory itself and for its applications, such as ...
Earth may have had a ring made up of a broken asteroid over 400 million years ago, a study finds. ... Earth ring theory may shed light on an unexplained ancient climate event, scientists say.
O-ring, a gasket or seal with an O-shaped cross-section; O-ring chain, a specialized type of roller chain; Oring language, in Nigeria; Orienteering. Fox Oring; OR-ing as an operation of logical disjunction, in logic, electronics, or computer science; Ring of O, the BDSM jewelry; O-Ring theory of economic development; O-Ring failure as a cause ...
From ancient history to the modern day, the clitoris has been discredited, dismissed and deleted -- and women's pleasure has often been left out of the conversation entirely. Now, an underground art movement led by artist Sophia Wallace is emerging across the globe to challenge the lies, question the myths and rewrite the rules around sex and the female body.
Typical O-ring and application. An O-ring, also known as a packing or a toric joint, is a mechanical gasket in the shape of a torus; it is a loop of elastomer with a round cross-section, designed to be seated in a groove and compressed during assembly between two or more parts, forming a seal at the interface.