Diogo Marques, Author at EU Seguros - Page 2 of 25
Main Economics Theorems

Main Economics Theorems

Advanced Economics Theorems Arrow’s Impossibility Theorem: states that it is impossible to design a fair and efficient voting system that satisfies certain basic criteria. Aumann’s Agreement Theorem: states that under certain conditions, two Bayesian...
Statistical Techniques

Statistical Techniques

The following are collectively known as statistical methods or statistical techniques. They are used in various fields of research and industry to analyze and make inferences from data. They can also be grouped based on the specific field of study, for example, in...

What Is The Solow Model?

Solow-Swan Model The Solow model is a model of economic growth that explains how a country’s level of output (GDP) per capita depends on the level of technology and the amount of capital per worker. The model was developed by Robert Solow in the 1950s. The model...
What Is Stochasticity?

What Is Stochasticity?

In Statistics, the formal name for the concept of randomness or uncertainty is called “stochasticity”. A stochastic process is a type of mathematical model that describes a process that evolves over time and is governed by randomness or uncertainty. The...
What Is Econometrics?

What Is Econometrics?

Econometrics is the application of statistical methods to economic data in order to test hypotheses and estimate empirical models. Some key topics in econometrics include: Linear regression: A method for estimating the relationship between a dependent variable and one...
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