Perfect competitionIn economics, specifically general equilibrium theory, a perfect market, also known as an atomistic market, is defined by several idealizing conditions, collectively called perfect competition, or atomistic competition. In theoretical models where conditions of perfect competition hold, it has been demonstrated that a market will reach an equilibrium in which the quantity supplied for every product or service, including labor, equals the quantity demanded at the current price. This equilibrium would be a Pareto optimum.
Perfect fieldIn algebra, a field k is perfect if any one of the following equivalent conditions holds: Every irreducible polynomial over k has distinct roots. Every irreducible polynomial over k is separable. Every finite extension of k is separable. Every algebraic extension of k is separable. Either k has characteristic 0, or, when k has characteristic p > 0, every element of k is a pth power. Either k has characteristic 0, or, when k has characteristic p > 0, the Frobenius endomorphism x ↦ x^p is an automorphism of k.
Perfect informationIn economics, perfect information (sometimes referred to as "no hidden information") is a feature of perfect competition. With perfect information in a market, all consumers and producers have complete and instantaneous knowledge of all market prices, their own utility, and own cost functions. In game theory, a sequential game has perfect information if each player, when making any decision, is perfectly informed of all the events that have previously occurred, including the "initialization event" of the game (e.
École Polytechnique Fédérale de LausanneThe École polytechnique fédérale de Lausanne (EPFL; English: Swiss Federal Institute of Technology in Lausanne; Eidgenössische Technische Hochschule Lausanne) is a public research university in Lausanne, Switzerland. Established in 1853, EPFL has placed itself as a university specializing in engineering and natural sciences. EPFL is part of the ETH Domain, which is directly dependent on the Federal Department of Economic Affairs, Education and Research.
Strong perfect graph theoremIn graph theory, the strong perfect graph theorem is a forbidden graph characterization of the perfect graphs as being exactly the graphs that have neither odd holes (odd-length induced cycles of length at least 5) nor odd antiholes (complements of odd holes). It was conjectured by Claude Berge in 1961. A proof by Maria Chudnovsky, Neil Robertson, Paul Seymour, and Robin Thomas was announced in 2002 and published by them in 2006.
Perfect gasIn physics and engineering, a perfect gas is a theoretical gas model that differs from real gases in specific ways that makes certain calculations easier to handle. In all perfect gas models, intermolecular forces are neglected. This means that one can neglect many complications that may arise from the Van der Waals forces. All perfect gas models are ideal gas models in the sense that they all follow the ideal gas equation of state.
KitchenA kitchen is a room or part of a room used for cooking and food preparation in a dwelling or in a commercial establishment. A modern middle-class residential kitchen is typically equipped with a stove, a sink with hot and cold running water, a refrigerator, and worktops and kitchen cabinets arranged according to a modular design. Many households have a microwave oven, a dishwasher, and other electric appliances. The main functions of a kitchen are to store, prepare and cook food (and to complete related tasks such as dishwashing).
Kitchen cabinetKitchen cabinets are the built-in furniture installed in many kitchens for storage of food, cooking equipment, and often silverware and dishes for table service. Appliances such as refrigerators, dishwashers, and ovens are often integrated into kitchen cabinetry. There are many options for cabinets available at present. As commonly used today, the term kitchen cabinet denotes a built-in kitchen installation of either a floor or a wall cabinet.
ForestA forest is an area of land dominated by trees. Hundreds of definitions of forest are used throughout the world, incorporating factors such as tree density, tree height, land use, legal standing, and ecological function. The United Nations' Food and Agriculture Organization (FAO) defines a forest as, "Land spanning more than 0.5 hectares with trees higher than 5 meters and a canopy cover of more than 10 percent, or trees able to reach these thresholds in situ. It does not include land that is predominantly under agricultural or urban use.
Royal forestA royal forest, occasionally known as a kingswood (silva regis), is an area of land with different definitions in England, Wales, Scotland and Ireland. The term forest in the ordinary modern understanding refers to an area of wooded land; however, the original medieval sense was closer to the modern idea of a "preserve" – i.e. land legally set aside for specific purposes such as royal hunting – with less emphasis on its composition. There are also differing and contextual interpretations in Continental Europe derived from the Carolingian and Merovingian legal systems.
Forest managementForest management is a branch of forestry concerned with overall administrative, legal, economic, and social aspects, as well as scientific and technical aspects, such as silviculture, protection, and forest regulation. This includes management for timber, aesthetics, recreation, urban values, water, wildlife, inland and nearshore fisheries, wood products, plant genetic resources, and other forest resource values. Management objectives can be for conservation, utilisation, or a mixture of the two.
Secondary forestA secondary forest (or second-growth forest) is a forest or woodland area which has regenerated through largely natural processes after human-caused disturbances, such as timber harvest or agriculture clearing, or equivalently disruptive natural phenomena. It is distinguished from an old-growth forest (primary or primeval forest), which has not recently undergone such disruption, and complex early seral forest, as well as third-growth forests that result from harvest in second growth forests.
Old-growth forestAn old-growth forest, sometimes synonymous with primary forest, virgin forest, late seral forest, primeval forest, first-growth forest, or mature forestis a forest that has attained great age without significant disturbance, and thereby exhibits unique ecological features, and might be classified as a climax community. The Food and Agriculture Organization of the United Nations defines primary forests as naturally regenerated forests of native tree species where there are no clearly visible indications of human activity and the ecological processes are not significantly disturbed.
Cloud forestA cloud forest, also called a water forest, primas forest, or tropical montane cloud forest, is a generally tropical or subtropical, evergreen, montane, moist forest characterized by a persistent, frequent or seasonal low-level cloud cover, usually at the canopy level, formally described in the International Cloud Atlas (2017) as silvagenitus. Cloud forests often exhibit an abundance of mosses covering the ground and vegetation, in which case they are also referred to as mossy forests.