Related papers: The Production Function
This paper develops a set of simplified dynamical models with which to explore the conditions under which division of labor leads to optimized system output, as measured by the rate of production of a given product. We consider two models:…
We develop a method to estimate producers' productivity beliefs when output quantities and input prices are unobservable, and we use it to evaluate the market for science. Our model of researchers' labor supply shows how their willingness…
Organized knowledge production can then be considered as the codification of communication. Communications leave traces that can be studied as indicators. Institutions can be considered as retention mechanisms functional for the…
Entropy can signify different things: For instance, heat transfer in thermodynamics or a measure of information in data analysis. Many entropies have been introduced and it can be difficult to ascertain their different importance and…
Formal grammars are extensively used in Computer Science and related fields to study the rules which govern production of a language. The use of these grammars can be extended beyond mere language production. One possibility is to view…
When predictions support decisions they may influence the outcome they aim to predict. We call such predictions performative; the prediction influences the target. Performativity is a well-studied phenomenon in policy-making that has so far…
Roughly speaking, functional analysis is the study of vector spaces of arbitrary dimension over the field of real or complex numbers, and the continuous linear mappings between such spaces. Naturally, the notion of continuity requires a…
Social and collaborative services have widely spread within the enterprises as they play a part in improving productivity and business outcomes. However, the deployment of these services fluctuates between success and failure. This paper…
When analyzing the components influencing the stock prices, it is commonly believed that economic activities play an important role. More specifically, asset prices are more sensitive to the systematic economic news that impose a pervasive…
We study size and growth distributions of products and business firms in the context of a given industry. Firm size growth is analyzed in terms of two basic mechanisms, i.e. the increase of the number of new elementary business units and…
We translate the concept of succession rule and the ECO method into matrix notation, introducing the concept of a production matrix. This allows us to combine our method with other enumeration techniques using matrices, such as the method…
A field theory is built for self-similar statistical systems with both generating functional being the Mellin transform of the Tsallis exponential and generator of the scale transformation that is reduced to the Jackson derivative. With…
Analysing and improving productivity has been one of the main goals of software engineering research since its beginnings. A plethora of studies has been conducted on various factors that resulted in several models for analysis and…
A workflow describes the entirety of processing steps in an analysis, such as employed in many fields of physics. Workflow management makes the dependencies between individual steps of a workflow and their computational requirements…
In this work, we propose the concept of Construction Defining Functionality (CDF), which characterizes functions by the structural spaces they generate through iteration,recursion, and logical application. By viewing functions as generators…
In usual demographic analysis, force of mortality is a function of one variable, that is, of age. In this article bi-variate and multivariate force of mortality functions are introduced for the first time to explain mortality differentials.…
The state of economic theory and accumulated facts from the different branches of the economic science require to analyze the concept of the description of economy systems. The economic reality generates the problems the solution of that is…
In this chapter a general mathematical framework for probabilistic theories of operationally understood circuits is laid out. Circuits are comprised of operations and wires. An operation is one use of an apparatus and a wire is a…
The main phases of applied statistical work are discussed in general terms. The account starts with the clarification of objectives and proceeds through study design, measurement and analysis to interpretation. An attempt is made to extract…
The dissipation function for a system is defined as the natural logarithm of the ratio between probabilities of a trajectory and its time-reversed trajectory, and its probability distribution follows a well-known relation called the…