maximizing equation

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• Bellman equation — A Bellman equation (also known as a dynamic programming equation), named after its discoverer, Richard Bellman, is a necessary condition for optimality associated with the mathematical optimization method known as dynamic programming. It writes… …   Wikipedia

• Euler–Lagrange equation — In calculus of variations, the Euler–Lagrange equation, or Lagrange s equation is a differential equation whose solutions are the functions for which a given functional is stationary. It was developed by Swiss mathematician Leonhard Euler and… …   Wikipedia

• Demand (economics) — Demand redirects here. For other uses, see Demand (disambiguation). In economics, demand is the desire to own anything, the ability to pay for it, and the willingness to pay[1] (see also supply and demand). The term demand signifies the ability… …   Wikipedia

• One-Shot Entanglement-Enhanced Classical Communication — In the theory of quantum communication, it is well known that entanglement cannot increase the capacity of a classical communication channel in the sense of Shannon, that is, for an i.i.d. (independent and identically distributed) protocol.… …   Wikipedia

• economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

• mechanics — /meuh kan iks/, n. 1. (used with a sing. v.) the branch of physics that deals with the action of forces on bodies and with motion, comprised of kinetics, statics, and kinematics. 2. (used with a sing. v.) the theoretical and practical application …   Universalium

• Oligopoly — An oligopoly is a market form in which a market or industry is dominated by a small number of sellers (oligopolists). The word is derived, by analogy with monopoly , from the Greek ὀλίγοι (oligoi) few + πόλειν (pólein) to sell . Because there are …   Wikipedia

• Monopoly — This article is about the economic term. For the board game, see Monopoly (game). For other uses, see Monopoly (disambiguation). Competition law Basic concepts …   Wikipedia

• NACA airfoil — Profile geometry – 1: Zero lift line; 2: Leading edge; 3: Nose circle; 4: Camber; 5: Max. thickness; 6: Upper surface; 7: Trailing edge; 8: Camber mean line; 9: Lower surface …   Wikipedia

• Ramsey growth model — The Ramsey growth model is a neo classical model of economic growth based primarily on the work of the economist and mathematician Frank Ramsey. The Solow growth model is similar to the Ramsey growth model, however without incorporating an… …   Wikipedia

• Cost-plus pricing — is a pricing method used by companies to maximize their profits. The firms accomplish their objective of profit maximization by increasing their production until marginal revenue equals marginal cost, and then charging a price which is determined …   Wikipedia