What is the impact of surprise and anticipated policy changes when agents form expectations using adaptive learning rather than rational expectations? We examine this issue using the standard stochastic real business cycle model with lump-sum taxes. Agents combine knowledge about future policy with econometric forecasts of future wages and interest rates. Both permanent and temporary policy cha...

This paper shows that in online auctions like eBay, if bidders can only place bids at random times, then many different equilibria arise besides truthful bidding, despite the option to leave proxy bids. These equilibria can involve gradual bidding, periods of inactivity, and waiting to start bidding towards the end of the auction bidding behaviors common on eBay. Bidders in such equilibria impl...

Aging is associated with decline in a multitude of cognitive processes and brain functions. However, a growing body of literature suggests that agerelated decline in cognition can sometimes be reduced through experience, cognitive training, and other interventions such as fitness training. Research on cognitive training and expertise has suggested that age-related cognitive sparing is often qui...

BACKGROUND Aging may cause various functional abilities gradually deteriorate. With changes in social forms, the trend of functional fitness decline will change accordingly. Therefore, this study endeavored to identify the trends in functional fitness decline by comparing the differences in the functional fitness of females in various age groups. METHODS Thirty six healthy females were divide...

in this paper, the gradual real numbers are considered and the notion of the gradual normed linear space is given. also some topological properties of such spaces are studied, and it is shown that the gradual normed linear space is a locally convex space, in classical sense. so the results in locally convex spaces can be translated in gradual normed linear spaces. finally, we give an examp...

da is a memory of iraqi war against iran. this narration of war is a representation of young girl life that had a significant role in her own time. this book challenges masculinity of war and passes out gender as a limitation. the important narration of war, mentioned in da, has been associated with 150 republication and these elements confirm research on da. this article tries to attempts to a...

In an ever-competitive business world, it becomes crucial for a company to sustain itself its gradual growth and success. It is equally significant that losses due deterioration in the case of variable demand are also controlled market filled with intensifying competition technological advancement. To compensate, preservation technology investment (PTI) viewed as viable option mitigating deteri...