The ancient Babylonians were a remarkable bunch. Among many extraordinary achievements, they found a now-famous mathematical solution to an unpleasant challenge: paying tax. The particular problem for ...

This paper provides a theoretically plausible model to explain the equation of exchange, deriving it from an agent's utility maximization problem and the profit maximizing behavior of a competitive ...

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A careful derivation of an approximate sample size formula for testing the difference between two independent binomial proportions with specified probabilities of ...