profile pic
⌘ '
raccourcis clavier
Search

Net value function

  • Étiquette

    • publié à

    • modifié à

    • durée

      1 min de lecture

    • source

      llms.txt

    See slides

    What is economics?

    Relocation of resources

    everything has a cost

    Cost-benefit analysis Jules Dupuit See Economics evolving: a history of economic thought by Agnar Sandmo

    Net Value functions

    Net value = [Benefit] - [Cost]\text{Net value = [Benefit] - [Cost]}
    • relativity
    • perspective: (Benefit - Cost)client\text{(Benefit - Cost)}_{\text{client}}
    Benefitsclient>Sale Price>Costproducer\text{Benefits}_{\text{client}} > \text{Sale Price} > \text{Cost}_{\text{producer}} System Net Value = Benefitsclient−Costproducer\text{System Net Value =} \space \text{Benefits}_{\text{client}} - \text{Cost}_{\text{producer}} NVF = Benefits - Cost of space - Cost of time - ...\text{NVF = Benefits - Cost of space - Cost of time - ...}

    Unit matching and conversion

    marginal value, quantity-dependent value

    marginal net value of buying an apple is the change in NV from buying one more apple (slope of NVF wrt number of apple bought) either subsequent items gives more NV or lower costs.

    Vous pourriez aimer ce qui suit

  • Identifying Stakeholders
  • Constructionist
  • mechanistic interpretability
  • Vector calculus
  • Intelligence
  • bags
  • Conversion Factors
    • Economics for engineer, a guide.
    Economics for engineer, a guide.
    NVF for affordable housing
    The high-level net value function for which is defined by performance parameters and conversion factors: \text{NVF} = \text{HouseSalesRevenue} - \text{LabourCost} - \text{EnergyCost} ...