Tuesday, 22 May 2018

Game Theory:John NASH

When you do something, it includes strategic calculations to calculate how the other person will react.Bringing together social and economic accomplishments is similar to the chess game in which the players determine the strategy according to what the next move will be in another acting.Until the 1940s,...

Monday, 14 May 2018

GDP Ignores Women

The Gross Domestic Product is the most considered economic statistic.It provides a summary measure of economic activity in a country over a period of one year - it is directly related to key factors such as household incomes or employment rate.However, in despite of renowned in economics discussions,GDP...