econnomics and lifeConstrained optimisation problemIn economics there is this interesting concept called constrained optimisation problem.Dec 15, 2021Dec 15, 2021
econnomics and lifeWhat is pareto efficiency and pareto improvementEconomic theories explain lots of things, but are often unclearNov 26, 2021Nov 26, 2021
econnomics and lifeWhat is money pump?When speaking of the axioms about preferences in economic terms, we know…Sep 10, 2021Sep 10, 2021