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Dynamic stochastic general equilibrium modeling (abbreviated as DSGE, or DGE, or sometimes SDGE) is a macroeconomic method which is often employed by monetary and fiscal authorities for policy analysis, explaining historical time-series data, as well as future forecasting purposes. [1]
The Weber number is the dimensionless parameter that determines the onset of this phenomenon called the entrainment limit (Weber number greater than or equal to 1). In this case the Weber number is defined as the ratio of the momentum in the vapor layer divided by the surface tension force restraining the liquid, where the characteristic length ...
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Ideal type (German: Idealtypus), also known as pure type, is a typological term most closely associated with the sociologist Max Weber (1864–1920). [1] For Weber, the conduct of social science depends upon the construction of abstract, hypothetical concepts.
Weber developed a multidimensional approach to social stratification that reflects the interplay among wealth, prestige and power. Weber argued that power can take a variety of forms. A person's power can be shown in the social order through their status, in the economic order through their class, and in the political order through their party.
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The Weber problem consists, in the triangle case, in locating a point D with respect to three points A, B, C in such a way that the sum of the transportation costs between D and each of the three other points is minimized. The Weber problem is a generalization of the Fermat problem since it involves both equal and unequal attractive forces (see ...
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