4 ms·
Well, “think of the other points as (fixed point) + (small perturbation) and reduce your work to handling the perturbation” is literally how modern economic mod
by LudwigNagasena 2y ago
Well, “think of the other points as (fixed point) + (small perturbation) and reduce your work to handling the perturbation” is literally how modern economic models (DSGE) are studied and then used for public policy.