Related papers: The Production Function
The paper discusses how to evaluate the reliability of units produced by different production lines. The procedure is based on selecting independent random samples of units produced by different production lines and then evaluating…
We consider a simple variant of the von Neumann model of an expanding economy, in which multiple producers make goods according to their production function. The players trade their goods at the market and then use the bundles acquired for…
A fundamental computational task in probabilistic programming is to infer a program's output (posterior) distribution from a given initial (prior) distribution. This problem is challenging, especially for expressive languages that feature…
Production plants today are becoming more and more complicated through more automation and networking. It is becoming more difficult for humans to participate, due to higher speed and decreasing reaction time of these plants. Tendencies to…
We define a generalized vector partition function and derive an identity for generating series of such functions associated with solutions of basic recurrence relation of combinatorial analysis. As a consequence, we obtain the generating…
Predictive analysis in business process monitoring aims at forecasting the future information of a running business process. The prediction is typically made based on the model extracted from historical process execution logs (event logs).…
We define an enumerative function F(n,k,P,m) which is a generalization of binomial coefficients. Special cases of this function are also power function, factorials, rising factorials and falling factorials. The first section of the paper is…
The article presents mathematical generalization of results which originated as solutions of practical problems, in particular, the modeling of transitional processes in electrical circuits and problems of resource allocation. However, the…
A large deviation function mathematically characterizes the statistical property of atypical events. Recently, in non-equilibrium statistical mechanics, large deviation functions have been used to describe universal laws such as the…
The statistical mechanical basis of the fluctuation theory of mixtures is reviewed. An overview of the statistical mechanical relations between the microscopic properties of a system and its macroscopic properties is presented. The…
Performativity of predictions refers to the phenomenon where prediction-informed decisions influence the very targets they aim to predict -- a dynamic commonly observed in policy-making, social sciences, and economics. In this paper, we…
We present empirical evidence on the relationship between demand shocks and price changes, conditional on returns to scale. We find that in industries with decreasing returns to scale, demand increases (which raise costs) correspond to…
We study productivity dispersions across workers, firms and industrial sectors. Empirical study of the Japanese data shows that they all obey the Pareto law, and also that the Pareto index decreases with the level of aggregation. In order…
Quantifying the "capability" of a manufacturing process is an important initial step in any quality improvement program. Capability is usually defined in dictionaries as "the ability to carry out a task, to achieve an objective". Process…
Graph compositions generalize both integer compositions and partitions of a finite set. We develop formulas, generating functions and recurrence relations for composition counting functions for several families of graphs.
Multiparticle production processes provide valuable information about the mechanism of the conversion of the initial energy of projectiles into a number of secondaries by measuring their multiplicity distributions and their distributions in…
Normalizing flows provide a general mechanism for defining expressive probability distributions, only requiring the specification of a (usually simple) base distribution and a series of bijective transformations. There has been much recent…
In this paper, we introduce the generating functions of partition sequences. Partition sequences have a one-to-one correspondence with partitions. Therefore, the generating function has no multiplicity and appears meaningless initially.…
Given a general scalar balance law, i.e., in several space dimensions and with flux and source both space and time dependent, we focus on the functional properties of the entropy production. We apply this operator to entropy solutions, to…
This note observes that the Cobb-Douglas function is uniquely characterized by the property that, if the labour share of cost for a constant-returns-to-scale firm remains constant when the firm minimizes its cost for any given output level,…