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The textbooks are in color-print and are among the least expensive books in Indian book stores. [11] Textbooks created by private publishers are priced higher than those of NCERT. [ 11 ] According to a government policy decision in 2017, the NCERT will have the exclusive task of publishing central textbooks from 2018, and the role of CBSE will ...
In economics, a discount function is used in economic models to describe the weights placed on rewards received at different points in time. For example, if time is discrete and utility is time-separable, with the discount function f(t) having a negative first derivative and with c t (or c(t) in continuous time) defined as consumption at time t, total utility from an infinite stream of ...
Therefore, the preferences at t = 1 is preserved at t = 2; thus, the exponential discount function demonstrates dynamically consistent preferences over time. For its simplicity, the exponential discounting assumption is the most commonly used in economics. However, alternatives like hyperbolic discounting have more empirical support.
New Jersey gambling regulators have handed out $40,000 in fines to two sportsbooks and a tech company for violations that included taking bets on unauthorized events, and on games that had already ...
examines a model of climate change that is similar to the one used in the Stern Review but with a 3 percent social discount rate that slowly declines to 1 percent in 300 years rather than the 0.1 percent discount rate used in the Stern Review. In his model, the welfare of future generations is given less weight than the current generation's ...
The drugs would have been worth up to NZ$3.8 million, or $2.2 million USD, ... Those drugs were allegedly smuggled in a number of vessels, including books and baby dolls.
A U.S. judge overseeing an auction of shares in the parent of Venezuela-owned Citgo Petroleum on Monday agreed to reopen a data room to allow potential buyers to prepare new bids, a court document ...
Bhaskara I (c. 600–680) expanded the work of Aryabhata in his books titled Mahabhaskariya, Aryabhatiya-bhashya and Laghu-bhaskariya. He produced: Solutions of indeterminate equations. A rational approximation of the sine function. A formula for calculating the sine of an acute angle without the use of a table, correct to two decimal places.