In general terms, a dynamic equilibrium describes a state of balance between two processes. The term is used in scientific fields such as chemistry and physics which is where it originates. This ...

The following example is used in many test libraries for nonlinear programming. It appeared originally in Bracken and McCormick (1968). The problem is to determine the composition of a mixture of ...

The following example is used in many test libraries for nonlinear programming and was taken originally from Bracken and McCormick (1968). The problem is to determine the composition of a mixture of ...

Vol. 45, No. 1/2, Symposium in honor of Wayne J. Shafer (October 2010), pp. 349-378 (30 pages) Suppose that one has a data set consisting of prices and individual endowments for some economy. Brown ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

When a reversible reaction happens in a closed container, it can achieve a dynamic equilibrium. close dynamic equilibriumA dynamic equilibrium is one in which the rate of the forward reaction equals ...

This course presents the fundamental principles of structural analysis, determination of reactions, internal forces and deflections under the static load conditions. The course is mainly focused to ...