... THE CONCEPT OF THE VALUE OF MONEY Subjective and Objective Factors in the Theory of the Value of Money The Objective Exchange-Value of Money The Problems Involved in the Theory of the Value of ... to the more abstract parts of the theory of the value of money Professor von Mises shares with Marshall and one or two others the merit of having assimilated the treatment of this theory to the ... categories of the pure theory of value: and his emphasis in the course of this assimilation on the relation between uncertainty and the size of the cash holding and the dependence of certain...
Ngày tải lên: 16/02/2014, 03:20
... only the use-value that they themselves attach to their products, but also the use-value that these possess in the estimation of the other members of the community The balancing of production and ... acquainted with at least the elements of the theory of prices Others are able to content themselves with references to the "nominality" of the unit of value No wonder, then, that these theories should ... the legal definitions of the content of contracts of indebtedness and of the system of public expenditure; it must be based on the executive authority of the state as controller of the mint and...
Ngày tải lên: 15/03/2014, 07:20
University musical encyclopedia the theory of music and piano technique (by e markham) (1912)
... or the other of the two former The hurried recitation of the chant, the rhythmical progression of the hymntune, and the varied configurations of the anthem all indicate unmistakably that they ... change the effect THE THEORY OF MUSIC i8 and the purpose of the two phrases The melodies of each these two phrases are appreciably distinct from and the cadences form in the first phrase what other ... however great the line of demarcation be tween the two may have been in the past, there can be no question as to the mixing and the overlapping of the sacred and the secular at the present day...
Ngày tải lên: 15/03/2014, 13:44
the theory of games and game models lctn - andrea schalk
... hand, which they reveal simultaneously If Bob selects the King then the highest card chosen wins the pot and the game ends If Bob chooses the Joker and Alice the Queen they split the pot and the ... Bob chooses the Joker and Alice the Ace then Alice may either resign (so that Bob gets the pot) or demand a replay If a replay occurs they each pay another pound into the pot and they play again, ... to read off the value of the game from Figures 16 and 17: It is given by the pay-off when playing according to the optimal strategies (the y-value of the intersection of the two lines) and is 3.4...
Ngày tải lên: 08/04/2014, 12:17
Some Famous Problems of the Theory of Numbers and in particular pdf
... absolutely and triumphantly successful, and it stands with the work of Hadamard and de la Vall´e-Poussin, in the theory of primes, as one of the lande marks in the modern history of the theory of numbers ... this theory sharply from the other great side of the analytic theory of numbers, the ‘multiplicative’ theory, in which the fundamental idea is that of the resolution of a number into primes In the ... connexion THE THEORY OF NUMBERS with Oxford and with the Savilian chair The connexion of Oxford with the theory of numbers is in the main a nineteenth-century connexion, and centres naturally in the...
Ngày tải lên: 28/06/2014, 19:20
The Theory of Languages and Computation pptx
... of all, the small arrow on the left of the diagram is pointing to the start state, 1, of the machine This is where we ‘input’ strings The circle on the far right with the smaller circle and the ... partitions Π1 and Π2 , ≃1 ⊆ ≃2 iff every block of the partition Π1 is contained in some block of the partition Π2 Then every block of the partition Π2 is the union of blocks of the partition Π1 and we ... equivalent iff when feeding first u and then v to the DFA, u and v drive the DFA to the same state From the point of view of the observer u and v have the same effect (reaching the same state) Definition...
Ngày tải lên: 10/08/2014, 18:20
essays on the theory of auctions and economic rents
... her value and the potential profits she will gain from the auction The profit margin would be dependent on the probability of winning the auction Conceptually, the expected gain to the buyer ... life cycle theory and market-timing theory According to the life-cycle theory, entrepreneurs who would rather just run their firms, due to cash considerations, will go public when they grow sufficiently ... deadline and clear rules Changing the rules of competition determines what type of auction is in place, and firms bid their valuations to acquire the item There are close analogies between auction theory, ...
Ngày tải lên: 02/11/2014, 00:34
a basic course in the theory of interest and derivatives markets
... amount in the fund at the beginning of the period) Thus, the effective rate of interest in is the ratio of the amount of interest earned during the period to the amount of principal invested at the ... period is constant and equals to i Then, at the end of the first period, the accumulated value is a(1) = + i, at the end of the second period it is a(2) = + 2i and at the end of the nth period it ... 26 THE BASICS OF INTEREST THEORY where In = A(n) − A(n − 1) Note that In represents the amount of growth of the function A(t) in the nth period whereas in is the rate of growth (based on the...
Ngày tải lên: 05/11/2014, 13:29
Circuit theory of finance and the role of incentives in financial sector reform
... affected by the creation and use of fiat-money Crucial to this purpose is the functional separation that the theory operates between banks and firms The macroeconomic focus of the theory, however, ... creating and advancing liquidity to producers; along the circuit, the financial system governs the supply and demand of funds and, at the end of the process, it determines the condition for the closure ... institutions and strengthen the complementarity between the formal and the informal sectors The poorest people of rural and urban societies live beyond the frontier of formal finance, or outside the formal...
Ngày tải lên: 24/10/2012, 09:33
the stock market, the theory of rational expectations, and the efficient markets hypothesis
... k e ) PO = the current price of the stock DIV1 = the dividend paid at the end of year ke = the required return on investment in equity P1 = the sale price of the stock at the end of the first ... Pt + C Pt R = the rate of return on the security Pt+1 = price of the security at time t+1, the end of the holding period Pt = price of the security at time t, the beginning of the holding period ... Rationale Behind the Theory Rof > R* ⇒ Pt ↑ ⇒ Rof ↓ Rof < R* ⇒ Pt ↓ ⇒ Rof ↑ until Rof = R* In an efficient market all unexploited profit opportunities will be eliminated Stronger Version of the Efficient...
Ngày tải lên: 05/01/2014, 16:56
Báo cáo khoa học: "A Theory of Parallelism and the Case of VP Ellipsis" pot
... terms of a co-recursion in which the similarity of properties is defined in terms of the similarity of arguments, and the similarity of arguments is defined in terms of the similarity of properties ... x2) In the second clause we not know that the man is standing on the ladder he could be on the r o o f - and we not know what "the top" is the top of These facts fall out of recognizing the parallelism ... that the object the m a n ' s weight is acting on is the ladder, and hence that the man is on the ladder The third pair of arguments are both downward directions The final pair of arguments, x~ and...
Ngày tải lên: 24/03/2014, 03:21
the theory of search games and rendezvous - steve alpern
... consisting of and a version of in which all its arcs are doubled The resulting network is Eulerian and has total length We shall show that under the hypothesis of the theorem, the removal from Q of (the ... denote the total length of Let denote the probability that the hider is in the subtree Assume that the searcher adopts the strategy of first using a random Chinese postman tour of and then at ... in the network Q as follows For any node other than or the hiding probability is the same for h and The probabilities and of choosing and when using h are given by the formulae and where is the...
Ngày tải lên: 08/04/2014, 12:18
The algebraic theory of spinors and clifford algebras chevalley
Ngày tải lên: 13/05/2014, 12:24
introduction to languages and the theory of computation
... abab}, and {aa, ab, aab, ba, bb, bab} The first of these is the union of {a} and {b}, the second is the concatenation of {a} and {b}, the third is the union of the first and second, the fourth is the ... (n) is the set of prime factors of n e (Here A is the set of all finite sets of primes and B is the set N − {0}.) g : A → B, where g(S) is the product of the elements of S (The product of the elements ... close resemblance of the statements 1–3 to the recursive definition of Expr The outline of the proof is provided by the structure of the definition We illustrate the technique of structural induction...
Ngày tải lên: 31/05/2014, 00:58
jj-thompson elements of the mathematical theory of electricity and magnetism
... while the negative will go to the most remote part of the system consisting of the metal of the the wire and the ground, i.e the negative be on the disc, electroscope, will go to the ground and the ... V" and the all E when the second conductor has the charge the other conductors are without charge then ; , and P all when the E conductor has the charge lt the second the charge and all the other ... linear dimension of either of the bodies, the repulsion between them is proportional to the product of their charges and inversely proportional to the square of the distance between them This law...
Ngày tải lên: 04/06/2014, 12:29
An introduction to the theory of functional equations and inequalities
... Preliminaries Chapter Set Theory 1.1 Axioms of Set Theory The present book is based on the Zermelo-Fraenkel system of axioms of the Set Theory augmented by the axiom of choice The axiom of choice plays ... a basic knowledge of the calculus, theory of Lebesgue’s measure and integral, algebra, topology and set theory However, for the convenience of the reader, in the first part of the book we present ... dimension of the underlying space The end of every proof is marked by the sign Other symbols are introduced in the text, and for the convenience of the reader they are gathered in an index at the...
Ngày tải lên: 04/08/2014, 22:25
The Frontiers of Theory Of Jews and Animals Phần 1 pdf
... mainstream Theory and what is the relation of Theory to philosophy and the other disciplines which inform it? What is the history of its construction and what processes of amnesia and the repression of ... to both The first concerns what will be called the figure of the Jew and the figure of the animal.2 The second refers to the question of particularity In regards to the first, the point of the term ... imagine the frontiers of Theory is not to dismiss or to abandon Theory (on the contrary one must always insist on the it-is-necessary of Theory even if one has given up belief in theories of all...
Ngày tải lên: 07/08/2014, 04:20
The Frontiers of Theory Of Jews and Animals Phần 2 ppt
... elimination of the threat of the animal The soul has a twofold presence In the first instance it enacts the without relation In the second it is integral to the construction of the figure of the animal The ... one) Of Jews and Animals 13 Part II of this work consists of a series of chapters in which the figure of the Jew is developed in a sustained way The differing analyses of the presence of the Jew ... understood by Pascal is the figure of the Jew in the Pensées It is as though the concerns of justice and force bore no relation either to the extensive presence of the figure of the Jew throughout Pascal’s...
Ngày tải lên: 07/08/2014, 04:20
The Frontiers of Theory Of Jews and Animals Phần 3 pdf
... are the anatomical details of the eye provided but, the process of vision is represented In The Passions of the Soul the movement between the eye and the brain as well as any understanding of the ... such and thus secondly what counts as an ‘other’ (the identification of the other as the other) What is encountered is the other’s ‘Dasein-with in the world’.30 Hence, the importance of the passage ... at one and the same time The time in which they are given is the temporality of the instant Given to the eye they combine as an assemblage the representation of which involves the drawing of lines...
Ngày tải lên: 07/08/2014, 04:20