Examples of Marginal Value in a sentence
Furthermore, it is straightforward to construct a consistent empirical estimator of the marginal value statistic(11) from time series data.Theorem V.5 (Marginal Value at the Origin).
Visual foraging: Quitting behavior when searching aerial maps follows the Marginal Value Theorem.
In most analyses of the Marginal Value Theorem [5, 17], including recent 2re-analyses [2–4], emphasis is on understanding how changes in the shape of gain 3functions in patches impacted the optimal residence times and movement rate.
Marginal Value of Health at Terminal Date As discussed above, absent direct benefits from better health upon retirement households in the model have no incentive to exert effort, whereas in the data we still see a significant amount of exercise for those of ages 60 to 65.
Artifacts as Patches: The Marginal Value Theorem and Stone Tool Life Histories.
When consid- ering public investment (or a tax cut), it is intuitive to use expression (3) because such a policy has an expected positive change in welfare and an expected posi- tive increase in expenditure.Motivated by similar pedagogical reasons, Hendren (2016), Finkelstein and Hendren (2020), and Hendren and Sprung-Keyser (2020) call (2) and (3) the Marginal Value of Public Funds (MV PF ).
If the Company at any time combines (by combination, reverse stock split or otherwise) its outstanding Common Units into a smaller number of units, the Exercise Price in effect immediately prior to such combination shall be proportionately increased and the number of Warrant Units issuable upon exercise of this Warrant Certificate shall be proportionately decreased.
Gurun, Umit G., Gregor Matvos, and Amit Serub, “Advertising Expensive Mortgages,” December 2013.Hall, Robert E., “Reconciling Cyclical Movements in the Marginal Value of Time and the Marginal Product of Labor,” Journal of Political Economy, April 2009, 117 (2), 281–323.
Reconciling Cyclical Movements in the Marginal Value of Time and the Marginal Product of Labor.
In the next subsection, we examine the preferences of the firm’s shareholders for how the initial cash flow c0 is financed, meaning transformed into time-1 cash flows by issuing new debt or new equity.C. The Marginal Value to Shareholders of a Debt-Financed InvestmentThe firm contemplates entering some quantity q of an investment, such as a package of financial instruments with one or more counterparties.