... RE-STATED Chapter 1 THE GENERALTHEORY I have called this book theGeneralTheoryof Employment, Interestand Money, placing the emphasis on the prefix general. The object of such a title ... thrift, the traditional attitude towards the rate of interest, the classical theoryof unemployment, the quantity theoryof money, the unqualified advantages of laissez-faire in respect of foreign ... ANDTHE MULTIPLIER Book IV: The Inducement to Invest 11. THE MARGINAL EFFICIENCY OF CAPITAL 12. THE STATE OF LONG-TERM EXPECTATION 13. THE GENERALTHEORYOFTHE RATE OFINTEREST 14. THE...
... thrift, the traditional attitude towards the rate of interest, the classical theoryof unemployment, the quantity theoryof money, the unqualified advantages of laissez-faire in respect of foreign ... important chapterof economic theory which remains to be written and without which all discussions concerning the volume of aggregate employment are futile. II A brief summaryofthetheoryofemployment ... aggregate income andof aggregate saving are the results ofthe free choices of individuals whether or not to consume and whether or not to invest; but they are neither of them capable of assuming...
... Quantum-Law ofthe Emission and Absorption of Light (1905). These were followed some years later by the Theory ofthe Specific Heat of Solid Bodies, andthe fundamental idea ofthe General Theory ... on the basis of the theoryof relativity. In the equation wt'x'= we must then express x and t in terms of x and t, making use ofthe first and fourth equations of ... repeated application ofthe measuring-rod along the embankment. 1 e.g. the middle ofthe first andofthe hundredth carriage. L 38 XV GENERAL RESULTS OFTHETHEORY T is clear...
... securitytt1tPCPPR+−=+R = the rate of return on the securityPt+1 = price ofthe security at time t+1, the end ofthe holding periodPt = price ofthe security at time t, the beginning ofthe holding periodC ... Model)k(1P)k(1DIVPe1e10+++=PO = the current price ofthe stockDIV1 = the dividend paid at the end of year 1ke = the required return on investment in equityP1 = the sale price ofthe stock at the end ofthe first ... 14Implications ofthe Theory ãIf there is a change in the way a variable moves, the way in which expectations of the variable are formed will change as well.ã The forecast errors of expectations...
... measure the changes in the intermediate andthe demand rate and, second, to perturb the demand module and measure the changes in the intermediate andthe supply rate.This is the way that the experiments ... coefficients:ev1S and ev2S. These e-elasticitycoefficients represent the sensitivity ofthe rate of the supply module to changes in the concentration of itsproduct andthe sensitivity ofthe rate ofthe ... poiịẳpfi. The rates ofthe supply and demand modules, vi, arenon zero and therefore the coefficientsCwviare alwayswell defined.One ofthe central aims ofthe present work is toshow how the...
... satisfiesOn the other hand, if the hider is mobile, then 60BOOK I. SEARCH GAMESLet à be the area of Q and be the area of ThenFor any let be the minimal length of a path that connects and and passes ... present the randomized algorithm of Gal and Anderson (1990) forminimizing the expected time for the searcher to find the exit in the worst case, relativeto the choice ofthe network andthe positioning ... parameter (the generator of this sequence) instead of searching over the wholetrajectory space. The results obtained in Chapter 7 are used in Chapters 8 and 9 but the proofs ofthe theorems are...
... quantity that will not vary with the con-tinuous parameters ofthe system, we can take the size ofthe S1to be muchlarger than the size ofthe K3. Then the physics ofthe wrapped branes looks likea ... limit) on this curved manifold. These two theories weredual descriptions of exactly the same underlying theory. If the gauge theoryofthe branes and gravity on the 10-dimensional spacetimeare ... string then we need boundary conditions at the ends ofthe stringthat do not allow the energy of vibration ofthe string to flow off the end. Thereare two possibilities: to let the ends move at the...
... Callthis the secondstage of the operation.Repeatthisprocessuntil the first conductorhas the chargeEl and the potentialF1? the secondconductor the chargeE2 and the potentialF2 , and soon.Thenin the firststage the potential of the firstconductoriszeroat the beginning, and V-i/nat ... Art.3.Thus,supposing the bodytobenegativelyelectrified, the positiveelectrificationwillbeon the disc,while the negativewillgoto the mostremotepart of the systemconsisting of the metal of the electroscope, the wire and the ground,i.e. the negativeelectrificationwillgoto the ground and ... due to the endT of the cylinder, and thisis the only part of the surface of the cylinderwhichcontributesanythingto the totalnormal induction.For the intensityalongthatpart of the curved...
... one of the following responses: all ofthe time (1 point), most of the time (2 points), a good bit ofthe time (3 points), some of the time (4 points), a little ofthe time (5 points), or none of ... collected previously for astudy ofthe validity ofthe Japanese version ofthe SF-36, and calculated national norm scores of all subscales of the SF-36 [8,9]. Details ofthe nationwide survey have ... sensitivity of 0.88 and a specificity of 0.77 (based on ascore of 4 points or less). The AUC ofthe MHI-3 was onlyslightly lower than that ofthe MHI-5 (Figure 1).Using the MHI-5, the prevalence of...